According to the price monitoring of business agencies, the domestic spot market price of PTA fell slightly on September 14, with an average price of 3496 yuan / ton on the spot market of that day, down 0.06% compared with the previous trading day and 32.58% lower than that of the previous trading day. PTA main futures (2101) closed higher and closed at 3630, up 2% or 0.06% from the previous trading day.

In terms of PTA plant, Luoyang Petrochemical Company shut down 325000 tons at the end of July for maintenance, and started to restart on September 14. Ningbo Yisheng plans to restart on September 16. At present, the overall operating load of the industry has risen to more than 87%, the spot supply is loose, and the market mentality is cautious. The price of downstream polyester market is stable and weak, some factories have preferential promotion, but there is no obvious large-scale production and sales, PTA sales atmosphere is flat, inventory contradiction is still prominent.

Xia Ting, an analyst at the business agency, believes that PTA prices continue to fluctuate downward in the short term.

According to the data monitored by the business agency, as of September 11, the comprehensive price of PC market was 14566.67 yuan / ton. This week, the PC market was weak, down 0.46% compared with the same period last week, and 7.11% higher than that of the same period last month. Although there was a slight decline this week, the overall trend showed an upward trend.

This week, the PC market showed a weak and stable operation. Yuyao’s PC market has a low center of gravity, poor demand, and a dull trading atmosphere. Most of the merchants mainly make profits and take orders. At present, the shipment is smooth, the inventory is general, and the PC cost pressure is still high in the upstream. As of September 11, the shipment in South China is slow, and the main task is to wait and see. The center of North China is weak and the transaction order is limited The price is 14200-15800 yuan / ton, the latest quotation of Luxi Chemical is 14200 yuan / ton, Lihua yiweiyuan is 14000 yuan / ton, and Shanghai Kesi is 15500 yuan / ton.

The center of gravity of upstream bisphenol is on the high side, and the price is stable. At present, the inventory is low, and the downstream demand is general, so it is mainly to purchase on demand. The mainstream price is 11800-11900 yuan / T.

The rubber and plastic index on September 10 was 651 points, down 3 points compared with yesterday, 38.58% lower than 1060 (2012-03-14), and 23.30% higher than the lowest point of 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)

PC analyst of business agency thinks: in the short term, the PC market is mainly digested and sorted out, and the focus of negotiation is stable. (the above prices are provided by major PC manufacturers all over the country and analyzed by business PC analysts for reference only. Please contact relevant manufacturers for more price details.)

The average price of formaldehyde in Shandong Province on September 7 was 880.00 yuan / ton, and that on September 8 was 950.00 yuan / ton, an increase of 7.95%. The current price is up 10.47% month on month, and the current price is down 22.13% compared with last year.

Recently, the domestic market price of formaldehyde has risen slightly. As of September 8, the mainstream factory quotation in Central China is about 950 yuan / ton, that of mainstream manufacturers in North China is 740 yuan / ton, and that in East China is 928 yuan / ton. Shandong Linyi Hongfa plant with an annual output of 70000 tons of formaldehyde shut down. Recently, the start-up of formaldehyde factories in Shandong has been improved, and the shipment volume has increased slightly compared with the previous period. The trading atmosphere was more positive, and the formaldehyde market was mainly up.

Situation of upstream methanol: in recent years, the domestic and domestic methanol market has shown an upward trend, and some manufacturers have increased the ex factory quotation by about 30-50 yuan / ton. The quotation of methanol market in various regions has also increased to varying degrees, among which Shandong and Shanxi regions have obvious upward trend. The main factors of this week’s price rise are the positive futures driven, as well as the favorable impact of the recovery of downstream demand. In the short term, the positive factors will still remain for a period of time, traders are full of bullish mentality.

The start-up of downstream wood board enterprises has not yet recovered, and the demand is general. The purchasing is mainly based on rigid demand, and the mood of stock preparation is weak. The amount of formaldehyde enterprise shipment is acceptable, and the overall negotiation atmosphere is general.

In recent days, the futures of upstream raw material methanol port have been significantly increased. Under the strong rise of port inland, methanol has risen in a wide range, with strong cost support, and formaldehyde is passively following up. Therefore, formaldehyde analysts of chemical branch of business society predict that the domestic formaldehyde price will mainly rise in the near future.

According to the price monitoring of business agencies, the domestic spot market price of PTA fell slightly on September 7, with an average price of 3590 yuan / ton, down 0.37% from the previous trading day and 31.97% lower than that of the previous trading day. PTA main futures (2101) closed down and closed at 3726, down 4% or 0.11% from the previous trading day.

Ningbo Yisheng 2.2 million ton PTA plant was shut down for 2 weeks on September 3. Huabin Petrochemical’s 1.4 million ton PTA plant has been upgraded to full load operation. The overall operating load of the industry has increased to more than 83%, and the supply tends to be loose. Crude oil fell sharply on Friday. As of September 4, the international crude oil WTI closed at US $39.77/barrel and Brent closed at US $42.66/barrel. Crude oil fell to the low point since July 13, and the wait-and-see atmosphere in the market increased. The downstream polyester market is low in buying, light demand and high production and sales in the early stage of market digestion.

Xia Ting, an analyst at the business agency, believes that the price of raw materials at the cost end has fallen and adjusted, and PTA trend is weak. In the future, we still need to pay attention to the oil price and maintenance.

The price of ethylene oxide remained stable this week, of which the ex factory price in the mainstream East China was 7200 yuan / ton, and the quotation in other regions was 7200-7400 yuan / ton.

After digesting the increase this week, the price of upstream ethylene CFR Northeast Asia market rose slightly to US $775 / T, which reduced the pressure on the cost side, but in other words, the profit margin of EO was also compressed. Ethylene glycol is affected by the downstream traditional peak season, the demand side is strong, and the price is strong. The supply and demand of downstream monomer manufacturers are fair. Affected by the EO price, more than half of the manufacturers raised the unit price on August 31, reducing the enthusiasm of trading and increasing the market wait-and-see attitude.

The volatility is limited in the short term.