This month, the price has slightly improved. The mainstream East China region has increased by 4.17% from 7200 yuan / ton at the beginning of the month to 7500 yuan / ton. At present, the factory price in South China is 7500 yuan / ton, that in North China is 7650 yuan / ton, that in Central China is 7700 yuan / ton, and that in Northeast China is between 7350 yuan / ton and 7550 yuan / ton.

Affected by the accident, the market of ethylene market is heating up rapidly. In the past week, CFR Northeast Asia has reached 970 US dollars / ton. The cost side is strongly supported. According to the current price of ethylene oxide, the profit is thin. According to market participants, the current cogeneration units hope to obtain more profits from their own consumption. Although ethylene glycol destocking is progressing smoothly and polyester operating rate in the downstream increases, the market fluctuates in a narrow range due to the increase of unit operating rate, and the degree of correlation between ethylene oxide price and ethylene oxide price is reduced. The price of polycarboxylate superplasticizer monomer market rose slightly due to the cost. However, with the cold weather, the scope of snowfall in China has gradually expanded, especially in the northeast region, where transportation and construction are limited and the demand side is weak.

The cost side is strong, and the overall stability is upward. Generally speaking, cost support and resource shortage are the main factors for the rise of ethylene oxide. However, under the background of uncertain demand changes, it remains to be seen how far the stable and upward market of ethylene oxide can go despite many favorable factors.

1、 Price trend

As of November 26, the average price of refrigerant R22 was 14000 yuan / ton, up 1.2% month on month and 13.4% lower than that of the previous day, according to the monitoring of bulk data of business agency.

2、 Market analysis

On November 26, the price of refrigerant R22 was temporarily stable. Recently, due to the limited quota at the end of the year, the price of some enterprises increased by 500-1000 yuan / ton due to the small quota at the end of the year. However, the demand side was not strong, the transaction atmosphere was weak, and the bearish mood of the industry was strong. Some enterprises kept a steady watch on the market, and there was also the phenomenon of closing the offer. The short-term market trend was relatively strong supported by favorable support. According to the price monitoring of the business agency, as of November 26, the prices of mainstream manufacturers in refrigerant R22 market were around 14000-16000 yuan / ton, and the actual transaction price was slightly lower.

In terms of raw materials, on November 25, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 7700-8300 yuan / ton. The ex factory prices of domestic manufacturers remained stable. The operating rate of domestic hydrofluoric acid manufacturers was general, and the on-site supply was normal, which was affected by the stable price of fluorite. However, the demand of the downstream refrigerant industry was poor, and the on-site procurement was mainly based on demand. It is expected that the on-site price will remain low in the future.

For chloroform, the market price of chloroform and methane chloride in Shandong Province is going up. The mainstream quotation of dichloromethane market is 3150-3250 yuan / ton, and that of chloroform market is about 2500 yuan / ton. It is expected that the price will be adjusted in a short period of time. At present, the market is dominated by shock adjustment. The trading situation of the industry is general. The spot supply of the market is stable. The upstream liquid chlorine market is high, which supports the price of methane chloride better. The overall purchasing demand of downstream market is flat, which does not support the market.

3、 Future forecast

According to the refrigerant analysts of the business agency, due to the limited quota at the end of the year, the price of R22 has been raised due to the small amount of quota at the end of the year and the slight rise of raw materials. However, the support from the demand side is not strong, the transaction atmosphere is weak, and the bearish mood of the industry is strong. It is expected that the short-term market trend will be relatively strong supported by the favorable conditions.

In the early morning, the market opened in Tingjia, and the offers from traders were mainly firm, with an offer of about 6500-6600 yuan / ton. The downstream buyers were not good, and the delivery was cautious. The pressure on the shippers to ship increased, and the low intention of profit-making shippers increased. In the case of poor trading, the focus of negotiation in the market gradually shifted downward. The market as a whole was in the range of 6400-6500 yuan / ton, and the business agency expected that the phenol market would be discussed at 6400 yuan / ton tomorrow.

The downstream bisphenol a market was weak. The factory concentrated on implementing 18500 yuan / ton, and traders offered 18500 yuan / ton in the morning. Although the source of goods was still limited, the downstream bid was not ideal, and a lot of profits were actively shipped. Although the liquid resin was mainly produced by order, it still had little interest in making profits in the case of weak dual raw materials. The overall reference of liquid resin market was still at 29500-29800 yuan / ton We stand by the offer.

The quotations of phenol in various markets in China yesterday were as follows:

Region, quotation, up / down range

East China 6400-6500 – 50

6600 0 in Shandong Province

The surrounding area of Yanshan

6500 in South China

According to the price monitoring of the business agency, the domestic cocoon and silk market has rebounded slightly in the past 10 days. As of November 24, the average price of dried cocoon market was 92000 yuan / ton, up 1.66% compared with November 14, down 28.68% year on year; the average price of raw silk market was 305500 yuan / ton, up 3.82% compared with November 14, and 22.24% lower than that on November 14. At present, the price of dried cocoon is 92000 yuan / ton and that of raw silk is 306000 yuan / ton in Guangxi.

This year, the silk reeling of fresh cocoons is coming to an end, and the domestic market procurement begins to increase. The wholesale markets of silkworm chrysalis in Jinan, Linyi and Zhucheng are back to business, with the increase in purchasing volume and price. The price of dry pupa and fresh pupa continued to rise. The loading price of fresh pupa in Guangxi factory was 13500-14000 yuan / ton, and the loading price of grade B was 12500-13500 yuan / ton, and that of grade C was 11500-12500 yuan / ton. The middle price of basic loading is 12500-13500 yuan / ton, 5000 yuan / ton for A-class dry and wet pupae, 4500 yuan / ton for Grade B, and 7200-7500 yuan / ton for dry silkworm pupae. The international market began to prepare goods on New Year’s day. The purchase orders increased, and the price continued to rise. Thailand received the goods at US $2550 / T, Vietnam 20000 Dun / kg, and South Korea dried and wet pupae 1450 US dollars / ton.

Near the end of November, the domestic textile market continued to cool down, and the start-up rate of traditional low-season textile enterprises decreased. For example, the conventional products in Shengze area of Jiangsu Province continue to cool down, especially the slow delivery of goods in the market. Some manufacturers are uneven, and the inventory has slightly increased. However, most manufacturers still have orders in hand, so the inventory growth rate is slow. At present, the inventory in Shengze area is about 40-41 days, and the opening probability continues to maintain at a high level of 80-90%.

Business agency analysts believe that, in the near future, under the stimulation of multiple favorable macro aspects, domestic and foreign trade market confidence has slightly recovered. In addition, in the terminal consumer market, with the approaching of double 12, new year’s day and Spring Festival, the winter products such as silk quilt will also usher in the sales peak season, boosting the cocoon and silk market. But on the whole, the spot transaction is still relatively cold, and there are not many substantive orders issued. Before the downstream consumption is not significantly improved, it is expected that the price trend of cocoon silk will not continue to rise.

Price trend

According to the data from the business club’s bulk list, the domestic PA66 market continued to maintain a positive trend in mid November, and various models of products increased significantly. As of November 20, the average offer price of PA66 medium viscosity injection molding class sample enterprises was about 29500 yuan / ton, which was 30.24% higher than the average price level at the beginning of the month.

On the upstream side of PA66, the data from the bulk list of business associations showed that the domestic adipic acid market rose slightly last week, by 2.46%, with a significant slowdown. And most of the dealers’ quotations maintain a stable trend, East China, South China and other regions gradually stop rising. According to the monitoring of business agency, the current quotation range of adipic acid is 8200-8500 yuan / ton. From the perspective of market supply, the operating rate of adipic acid manufacturers remained stable in November, about 80%. The market supply was relatively sufficient, and the inventory pressure of manufacturers was moderate. Dealers usually take the goods normally. At present, there are signs that the manufacturers’ inventory is gradually over to the dealers, and the dealers are also showing signs of high price accumulation. At present, with winter approaching, the downstream operating rate may decline, and the cost of pure benzene also shows signs of decline. It is expected that adipic acid will maintain a high level in the near future, and it is unlikely to continue to rush upward, and the possibility of falling back is not ruled out.

Currently, the upstream adipic acid price is still high and firm, and has strong support for the cost of PA66. Last week, the price rise of PA66 continued. At present, some manufacturers still have some parking and maintenance devices. Half of the devices in Huayang and Xingjia in Liaoyang, Jiangsu Province are shut down. The operating rate of PA66 in China is not high, and the market is still in short supply. Due to the long-term continuous shortage of goods, the social inventory is generally low, and the general suppliers give priority to the core old customers, so the actual situation of stock shortage is even worse. In addition, the price increase letters issued by BASF, DuPont and Randy are still in the boosting effect, and the transaction focus of PA66 market is continuously rising. The replenishment operation of downstream factories follows up passively and favors rigid demand.

Business agency analysts believe: PA66 in mid November domestic market trend is strong. The price of upstream products is strong, which is good for PA66, while the pressure of production cost is also gradually increasing. The downstream customers are against the high price goods, so the purchasing department should follow up on demand. Last week, the increase of PA66 gradually narrowed. At present, terminal demand shows signs of recovery. It is expected that the market of PA66 will continue to be stronger in the short term. It is suggested that we should pay close attention to the influence of environmental protection policies on plasticizing production in the near future.