The spot price of ethylene glycol fell sharply (20211013)

According to the data of business agency, on October 13, the average p value of oil-based ethylene glycol was 7062.5 yuan / ton, an increase of 512.5 yuan / ton compared with the previous statistical cycle.

On October 12, the market price of ethylene glycol in East China rose. The average spot price in East China was 7005 yuan / ton, up 955 yuan / ton or 15.79% from Monday.

According to incomplete statistics, between October 10 and October 14, the total expected arrival of main terminals in East China is about 215300 tons, an increase over the previous statistical cycle. As of October 13, the total inventory of ethylene glycol in the main port of East China was 523000 tons, and the inventory of ethylene glycol continued to be low. In the afternoon, MEG futures finally closed down by the limit, and dealers also said that the spot price was quickly suppressed in a short time. In the external market, the recent shipping offer is 850-855 US dollars / ton, the delivery is 840-845 US dollars / ton, and the early transaction is near 840 US dollars / ton. At present, the profit margin of ethylene glycol is better than that of ethylene oxide, so enterprises with CO production units such as Sanjiang are more inclined to produce ethylene glycol, and the operating rate of ethylene glycol is increased. Polyester futures prices fell, which dampened the enthusiasm of the downstream to pursue the rise to a certain extent. The market inquiry and buying were light, and the production and sales continued to decline.

Forecast: the overall chemical industry shows a downward trend, and ethylene glycol may have fluctuation risk.

Thiourea

On October 12, the price index of China’s domestic rare earth market rose

On October 12, the rare earth index was 610 points, up 6 points from yesterday, down 39.00% from the highest point of 1000 points in the cycle (December 6, 2011), and up 125.09% from the lowest point of 271 points on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now).

The trend of domestic rare earth index is rising. The prices of some domestic light rare earth praseodymium neodymium series are rising. The price of praseodymium neodymium oxide is rising by 3000 yuan / ton to 605500 yuan / ton, the price of praseodymium neodymium metal is 747500 yuan / ton, the price of praseodymium oxide is rising by 17500 yuan / ton to 657500 yuan / ton, the price of neodymium oxide is rising by 2500 yuan / ton to 630000 yuan / ton, and the price of metal praseodymium is rising by 12500 yuan / ton to 872500 yuan / ton, The price of neodymium metal increased by 2000 yuan / ton to 777000 yuan / ton, the price of dysprosium oxide increased by 15000 yuan / ton to 276000 yuan / ton, the price of dysprosium ferroalloy increased by 10000 yuan / ton to 2725000 yuan / ton, the price of dysprosium metal increased by 20000 yuan / ton to 3535000 yuan / ton, some prices in the domestic light rare earth market increased, the recent procurement was general, and the price trend of praseodymium neodymium series was mainly stable, Recently, the price of dysprosium and terbium in the domestic heavy rare earth market has increased, and the downstream purchase is mainly on demand. Myanmar prohibits export. It is expected that the price trend of domestic rare earth market will rise slightly in the later stage.

Thiourea

Ethylene oxide price is expected to rise (20211011)

At present, the latest quotation of ethylene oxide industrial chain: the ex factory price of ethylene oxide in East China is 8600 yuan / ton, 8600 yuan in North China, 8600 yuan in South China, 8800 yuan in Central China and 8600 yuan in Northeast China. In terms of upstream ethylene, the external price of ethylene in Northeast Asia was US $1150 / T, an increase of US $15 / T compared with the previous trading day, and the external price of ethylene in Southeast Asia was US $1065 / T, an increase of US $15 / T compared with the previous trading day. In terms of downstream polycarboxylic acid superplasticizer monomer, Shanghai Dongda closed the offer today. The ex factory quotation of Hubei Lingan technology hPEG is consistent with that before the festival, which is 10800 yuan / ton, and the price of TPEG is 11000 yuan / ton. According to the latest ethylene price in Northeast Asia, the profit of ethylene oxide is about 343 yuan / ton.

The upstream ethylene price remains high, the cost side support is strong, the double control measures continue, the price of ethylene oxide goods is tight and rising, coupled with the soaring price of ethylene glycol and the profit margin exceeds ethylene oxide, the supply of ethylene oxide is more tight, and there is no sign of relief for the time being. Therefore, in the upstream market transmission, The transaction price continued to rise due to policy promotion and imbalance between supply and demand. According to market rumors, the price of ethylene oxide may rise tomorrow, with a floating range of 400 yuan / ton, waiting for the guidance of the latest market news.

Thiourea

Cryolite prices rose slightly on October 9

On October 9, the cryolite commodity index was 81.68, up 1.21 points from yesterday, down 19.30% from the highest point of 101.21 points in the cycle (October 31, 2011), and up 23.10% from the lowest point of 66.35 points on September 5, 2016. (Note: the period refers to the period from September 1, 2011 to now)

On October 9, the price trend of cryolite market in Henan rose. The average price of cryolite market was 6725 yuan / ton, an increase of 1.51% over the previous working day. The ex factory price of cryolite in Henan and Shandong was 6500-7200 yuan / ton. The upstream raw materials are tight, the price rises, and the cryolite market keeps up with the rise. Domestic enterprises adjust the quotation according to their own shipment situation. The overall high-level operation of the market is dominated. The cryolite manufacturer’s equipment starts normally, the enterprise inventory is OK, the market supply is tight, the downstream purchases on demand, and the supply and demand performance is stable. At present, the overall supply of cryolite market is stable, the raw materials are tight, the cryolite price is high, the downstream demand is rational, and the price fluctuation will not be obvious in a short time. It is expected that the cryolite market will operate stably for the time being, with specific attention to the market demand.

Thiourea

October 8 PA66 daily review

According to the bulk list data of business society, the domestic PA66 market remained firm at a high level on October 8, and the spot prices of various brands were temporarily stable. At present, the shortage of raw material adiponitrile has not improved. Ports around the world have responded to the slow arrival of imported goods. PA66 enterprises generally lack materials and reduce their load. The double push up of supply side and cost side raises the spot price. In terms of demand, downstream customers are cautious in purchasing at high prices. There is a strong wait-and-see atmosphere on the site. It is expected that PA66 may operate at a high level in the near future.

Thiourea