Ethylene glycol daily review (20211125)

The latest p value price of ethylene glycol on November 25 was 5270 yuan / ton.

On November 24, the spot price of ethylene glycol in East China market was 5290 yuan / ton, up 62.5 yuan / ton compared with the previous trading day and 69.67 yuan / ton compared with last week.

MEG port has smooth cargo circulation, low inventory, narrow fluctuation and weakened impact. Today, I heard that Dalian Hengli ethylene cracking unit had a sudden failure for emergency repair, and ethylene glycol operated at the lowest load. Downstream polyester and looms performed smoothly and the market atmosphere was acceptable.

Forecast: wide range shock.

Thiourea

Cryolite prices rose slightly on November 24

Trade name: cryolite

Latest price (November 24): 7200 yuan / ton

Key points of analysis: on November 24, the average production price of cryolite in Henan increased by 0.70% compared with yesterday, and the market trend continued to be strong. The upstream raw materials are tight, the production cost of cryolite enterprises is high, the output of enterprises is small, the cryolite market is affected by raw materials, the price continues to be high, the inventory of cryolite enterprises in the field is general, the shipment is OK, and the market is running strongly.

Future forecast: in the short term, the cryolite market is mainly high and wait-and-see.

Thiourea

On November 23, the domestic titanium dioxide market was basically stable

Trade name: titanium dioxide

Latest price November 23: 20950 yuan / ton

Key points of analysis: on November 23, the domestic titanium dioxide market price was basically stable. The market inquiry is general, the transaction of new orders is weakened, and the downstream demand is relatively light. We should wait and see and use it as needed. At present, the overall market is weak in both supply and demand, and the titanium dioxide market is dominated by stable operation.

It is expected that the titanium dioxide market will operate stably in the short term.

Thiourea

The acetic acid market was weak on November 22

Trade name: acetic acid

Latest price (November 22): 7160 yuan / ton

Key points of analysis: at present, most units of domestic acetic acid manufacturers operate normally. Although Jiangsu Thorpe unit is overhauled, the manufacturer has stock in the early stage, the overall supply of goods in the short-term market is still sufficient, the downstream purchase is mainly rational, the market trading and negotiation for shipment, and the actual transaction price is low. Domestic acetic acid enterprises adjust the quotation according to their own shipment situation, and the market mentality is mainly wait-and-see.

Future forecast: wait and see the finishing and operation of short-term acetic acid market, and pay attention to the downstream follow-up.

Thiourea

The price of domestic sulfuric acid fell by 3.76% (11.13-11.19) this week

Recent price trend of sulfuric acid

As can be seen from the above figure, the domestic sulfuric acid market price fell this week, and the quotation fell from 753.33 yuan / ton last weekend to 725.00 yuan / ton this weekend, down 3.76%, up 74.70% year-on-year compared with the same period last year. Overall, the domestic sulfuric acid market fell slightly this week. On November 20, the sulfuric acid commodity index was 112.84, the same as yesterday, down 18.69% from the highest point of 138.78 in the cycle (2021-10-21), and up 257.99% from the lowest point of 31.52 on June 6, 2019.

http://www.thiourea.net

The upstream support is insufficient and the downstream procurement enthusiasm is weakened

From the manufacturer’s quotation, the price of mainstream domestic sulfuric acid manufacturers fell this week, the manufacturer’s inventory was general, and the downstream demand weakened. Heze Jiangyuan sulphuric acid quoted 880 yuan / ton this weekend, up 30 yuan / ton compared with last weekend; Zouping Tianlu sulfuric acid quoted 450 yuan / ton this weekend, which fell 150 yuan / ton compared with last weekend; Changzhou Qinghong sulfuric acid quoted 750 yuan / ton this weekend, down 50 yuan / ton compared with last weekend; Changzhou Changjiang sulfuric acid quoted 650 yuan / ton this weekend, which was temporarily stable compared with last weekend; Xiangcheng San’an sulfuric acid is quoted at 780 yuan / ton this weekend, which is temporarily stable compared with last weekend; Liaocheng Huatong sulfuric acid quoted 840 yuan / ton this weekend, which was temporarily stable compared with last weekend.

From the upstream and downstream industrial chain, the upstream sulfur market is temporarily stable this week, with a quotation of 2103.33 yuan / ton, a year-on-year increase of 121.40% compared with the same period last year, and the cost support is general. The downstream bromine market was temporarily stable, with a quotation of 68571.43 yuan / ton, a year-on-year increase of 112.08% over the same period last year. The downstream formic acid market is temporarily stable, with a quotation of 7500.00 yuan / ton, a year-on-year increase of 240.91% compared with the same period last year, and the downstream market is general. On the whole, the upstream and downstream products had a negative impact on the price of sulfuric acid this week.

The market outlook fell slightly

In late November, the domestic sulfuric acid market may fluctuate and fall slightly. The price of upstream sulfur has fallen slightly recently, the cost support is insufficient, the downstream bromine market has fallen slightly, the downstream formic acid market has fallen sharply, the downstream enthusiasm for purchasing sulfuric acid is general, and the product trend is downward under the contradiction between supply and demand. Sulfuric acid analysts of business society believe that under the influence of supply and demand and raw materials in the domestic sulfuric acid Market in the short term, the sulfuric acid market may fluctuate and decline slightly.

Thiourea