According to the data of the bulk list of business cooperatives, the average price of domestic industrial lithium hydroxide enterprises was 553333.31 yuan/ton as of December 20, down 1.78% from last Thursday (December 15).

Recently, the domestic industrial lithium hydroxide market declined. At present, the first tier manufacturers of lithium hydroxide mainly export, the second tier manufacturers mainly supply domestic demand, and the lithium hydroxide market is dominated by long-term transactions. The spot market atmosphere is light. In addition, the recent decline in the upstream lithium carbonate price has weakened the support for lithium hydroxide. The shipment of the holders is under pressure, and the price reduction shipment has increased. The focus of lithium hydroxide market negotiations has declined.

The upstream lithium carbonate, according to the data monitoring of the business community: on December 19, the reference price of lithium carbonate industrial grade was 544000.00, a decrease of 4.73% compared with December 1 (571000.00).

The lithium hydroxide analysts of the business community believe that the upstream lithium carbonate is currently operating weakly, and the support for lithium hydroxide is insufficient. The supply side is temporarily stable, and the demand side is average. It is expected that the domestic lithium hydroxide market will be stable and weak in the short term. More attention should be paid to the impact of upstream lithium carbonate prices.

According to the data monitored by the business community, as of December 19, the price of PET water bottle was relatively strong. At present, the average price is 7130.00 yuan/ton, a decrease of 0.42% compared with the same period last week. The overall market is mainly stable, and the mainstream price is about 7100 yuan/ton.

This week, the domestic PET price is on the strong side, and the price has risen slightly. The mainstream price is about 7100 yuan/ton. The negotiation atmosphere is still good, and the willingness to prepare goods is not good. At present, the logistics is slow, and orders are arranged for shipment.

Rubber and plastic commodity index: On December 18, the rubber and plastic index was 668 points, unchanged from yesterday, 36.98% lower than the highest point in the cycle 1060 points (March 14, 2012), and 26.52% higher than the lowest point 528 points on April 6, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

PET analysts from the business community believe that the market price of PET is expected to be stable and strong in the short term.

This week’s (12.9-12.16) trichloromethane market fluctuated slightly. According to the data of the business society, the trichloromethane market has fluctuated downward since December. As of December 16, the price of trichloromethane bulk water in Shandong was 2325 yuan/ton, up 0.54% from 2312 yuan/ton last Friday, and the cycle low was 2275 yuan/ton. There was no significant increase in demand for chloroform, the pressure on the supply side was slightly reduced, the factory price of enterprises fluctuated in a narrow range, and businesses adjusted slightly.

This week (12.9-12.16), the spot market of methanol fluctuated downward, and the cost of dichloromethane fell slightly. According to the business community, as of December 16, the spot price of methanol was 2655 yuan/ton, down 0.90% from 2680 yuan/ton last Friday, and the peak in the cycle was 2690 yuan/ton.

In the low consumption season, the weak refrigerant market price in the downstream is temporarily stable, the enterprise’s shipment is insufficient, the starting level is low, and the support for chloroform is weak.

Analysts from the methane chloride data of the business community believe that the pressure on the supply side is slightly reduced, the demand side is weak, and the cost side has a narrow fluctuation in the near future. It is expected that the trichloromethane market will fluctuate in a narrow range in the short term.

Ethylene glycol price bottom support strengthened

According to the data of the business community, the average price of domestic oil to ethylene glycol was 4058.33 yuan/ton on December 15, basically unchanged from the previous trading day. In terms of futures, the 24 day main contract eg2301 closed at 4101 yuan/ton, up 0.76%.

On December 15, the spot price of ethylene glycol in the East China market was basically stable, and the spot external executive price of mainstream manufacturers in East China remained 4050 yuan/ton; At the trade flow end, the spot negotiation price in Zhangjiagang market has slightly loosened. The spot negotiation price is around 4010 yuan/ton that week, and the forward spot contract is about 4020 yuan/ton in December.

On December 15, the external quotation of the mainstream ethylene glycol manufacturers in the South China market was basically flat, with the spot price of 4050 yuan/ton, and the downstream just needs to purchase mainly.

Recently, the market has stopped falling and stabilized, and the price has improved slightly, mainly based on the following factors:

1. On the news side of unplanned maintenance, the unplanned maintenance of ethylene glycol increased due to the large loss of domestic production profits. At present, the overall operating rate remains at a low level, while overseas operations are also low under the influence of poor efficiency.

2. The price of ethylene glycol dropped to a low level. At present, the price of ethylene glycol is relatively low, and the cost support is strengthened.

3. The Federal Reserve raised interest rates in line with expectations, crude oil rebounded slightly recently, and cost support was further strengthened.

The main reasons for the lack of space are:

1. The inventory has risen. There are many ships arriving at the port. According to the inventory data, there is a phenomenon of accumulation.

2. The downstream demand has entered a seasonally weakening stage. As the holiday approaches, the terminal weaving factory will reduce production and operate. The operating load of polyester is not high, and the demand for ethylene glycol is relatively low.

According to the bulk list data of business cooperatives, the average price of domestic industrial lithium hydroxide enterprises was 563333.31 yuan/ton as of December 14, down 2.31% compared with the price on Friday (December 9).

Recently, the domestic industrial lithium hydroxide market declined. At present, the lithium hydroxide market is dominated by long-term transactions, the downstream purchase intention of the spot market is weak, and the overall market turnover is light. In addition, due to the weak trend of lithium carbonate in the upstream, the quotation of lithium hydroxide enterprises is lowered.

The upstream lithium carbonate, according to the data monitoring of the business community: on December 13, the reference price of lithium carbonate industrial grade was 552000.00, a decrease of 3.33% compared with December 1 (571000.00).

The lithium hydroxide analysts of the business community believe that the current cost support is limited, the supply side is temporarily stable, the enthusiasm for receiving goods at high prices in the downstream is reduced, and the market is cautious. It is expected that in the short term, the domestic lithium hydroxide market will be mainly stable and weak, and more attention should be paid to the impact of upstream lithium carbonate prices.