According to the bulk list data of business society, the TDI market price continued to decline this week. On August 27, the average market price in East China was 14500 yuan / ton, down 3.81% from 15075 yuan / ton on August 21.

The TDI market was weak and downward this week. At the beginning of the week, the overall market was mainly wait-and-see. The enthusiasm of the cargo holders was not high. Waiting for the release of the factory news, the atmosphere in the venue was quiet. The downstream side just needed to follow up. The acceptance of high price TDI was not high, the market market was weak and downward. There were few factory news in the later stage, the market performance was weak, the overall trading continued to be light, the focus of negotiation shifted downward, and the TDI quotation was reduced, As of the 27th, domestic goods in the mainstream market in East China had been delivered with tickets for about 13800-14000 yuan / ton, and individual low price transactions were around 13600 yuan / ton; For the ex warehouse of Shanghai goods with tickets, the reference is 14200-14300 yuan / ton, mainly based on actual order negotiation. The dealer’s quotation is adjusted with the market news, and the market is weak during the week.

The price of toluene continued to decline this week. On the 27th, the average domestic price of toluene was 5661 yuan / ton, down 1.24% from 5732 yuan / ton on August 21. The business transaction was poor and the atmosphere was cold. During the week, crude oil rebounded strongly and the price of toluene increased slightly, but the overall driving force was limited, the demand weakened again, the toluene market mentality was bearish, the price continued to decline, and the toluene market was weak in the later stage.

According to the analysis of TDI data division of business society, the domestic TDI market is weak, the downstream purchase follow-up is not smooth, the market entry enthusiasm is general, and there are a few transactions on the floor. It is expected that the TDI market will be weak in the later stage, and the future trend will pay attention to the information guidance of the supplier.

1、 Price trend

According to the monitoring data of business agency, the average factory price of domestic ammonium sulfate was 1145 yuan / ton on August 23 and 1142 yuan / ton on August 29. The price of ammonium sulfate fell by 0.22% this week.

2、 Market analysis

This week, the domestic demand of ammonium sulfate Market is weak and the trading is general. Coking grade was adjusted in a narrow range, with ups and downs. The domestic ammonium sulfate Market is stable, the foreign demand is poor, and the downstream just needs to get the goods. As of the weekend, the mainstream factory quotation of ammonium sulfate in Shandong was 1100-1200 yuan / ton, that in Hebei was 1050-1100 yuan / ton, and that in Shanxi was 1000-1050 yuan / ton.

This week, the price of raw urea for compound fertilizer continued to decline, and the downstream mentality was poor. The market of compound fertilizer fell slightly, and dealers traded cautiously with limited turnover. In the short term, the compound fertilizer market is mainly stable and down.

3、 Future forecast

The ammonium sulfate analyst of business society believes that due to the weak domestic demand for ammonium sulfate and the tight internal supply under the environmental protection policy, the downstream demand has not improved. As there is no good news at present, the downstream mostly takes a wait-and-see attitude. The price of ammonium sulfate is expected to fluctuate in a narrow range in the short term

1、 Price trend

According to the bulk data monitoring of business society, as of August 26, the average price of refrigerant R22 was 18666.67 yuan / ton, up 12% from the beginning of the week, 15.46% from the beginning of the month and 14.29% from the same period last year

According to the bulk data monitoring of business society, as of August 26, the average price of refrigerant R134a was 22166.67 yuan / ton, up 7.26% from the beginning of the week and 7.26% from the beginning of the month, up 37.97% from the same period last year.

2、 Market analysis

The market price of refrigerant R22 continued to rise this week, and the focus moved up rapidly. Last week, the enterprise has raised the operation, but the range is relatively conservative. This week, the enterprise has raised the maximum by 3000 yuan / ton, which is quite large. This week, the prices of raw materials hydrofluoric acid and chloroform increased, the supply was tight, the cost support was strong, the cost of refrigerant enterprises was under pressure, there was a strong sentiment of supporting the price and reluctant to sell, and there was no intention to lower the price. However, the transaction at a high price was light, superimposed with the downstream air conditioner entering the routine maintenance stage, the demand was general, and the actual transaction was mainly negotiation. As of August 26, the market quotation of R22 is mostly in the range of 17000-19500 yuan / ton, about 19500 yuan / ton in Shandong, about 17000-19000 yuan / ton in Zhejiang, about 18500-19000 yuan / ton in Hunan and about 17000-19000 yuan / ton in Guangzhou. The prices in various places have increased significantly.

This week, the market price of refrigerant R134a rose sharply, the price of raw hydrofluoric acid rose, and the cost support became stronger. However, due to the oversupply in the field, enterprises frequently reduced prices and shipped goods, or there was a loss in production. For example, Shandong Dongyue has not started up yet, and the enterprise’s profits have been damaged. Out of cost considerations, enterprises have a strong willingness to actively support the market, and the price has generally pushed up, The low-end price gradually moves closer to the high-end. At present, the highest price has risen to 30000 yuan / ton, which is bullish in the future. As of August 26, the market quotation of R134a is mostly in the range of 22000-23500 yuan / ton, that of Zhejiang is about 19500-23000 yuan / ton, that of Hunan is about 20000-20500 yuan / ton, and that of Guangzhou is about 19000-20000 yuan / ton. Prices in various places have risen steadily.

In terms of raw materials, on August 26, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 9500-9900 yuan / ton. The ex factory price trend of merchants in the field was temporarily stable. The operating rate of domestic hydrofluoric acid manufacturers was normal and the supply of goods in the field was stable. Affected by the high price of fluorite, the market trend of downstream refrigerants had an upward trend in the near future, mainly purchasing on demand in the field, It is expected that the market price may be stable in the later stage.

On August 26, the methane chloride Market in Shandong was reorganized, and some manufacturers made offers for adjustment. At present, the mainstream ex factory price of dichloromethane is about 4150 ~ 4190 yuan / ton, and the mainstream ex factory price of trichloromethane is 3150 yuan / ton. The downstream inquiry is on demand.

3、 Future forecast

According to the refrigerant analysts of business society, at present, the price of raw materials is rising, and the supply of goods is in short supply. The cost of refrigerant enterprises is under pressure, the inventory is not high, and the offer of cargo holders is high. However, there are few new orders. Some enterprises suspend receiving orders, and the on-site supply side is tightened, which is conducive to the upward rise of refrigerant prices. It is expected that the market of R22 and R134a will be strong in the short term, and the price may continue to rise.

The international oil price continued to rise, coupled with the lack of equipment maintenance supply of some enterprises, the MTBE market rebounded significantly, with an increase of about 100-200 yuan / ton in two days. According to the data of business agency, from August 18 to August 25, the price of MTBE increased from 5500 yuan / ton to 5750 yuan / ton, with a price increase of 4.55% during the week, and the price remained stable month on month, with a year-on-year increase of 58.26%.

Crude oil rebounded and rose sharply, MTBE market demand was good, which greatly boosted the mentality of entering the market in the middle and lower reaches and the confidence of refineries to support the price. Refinery shipments are good, and gasoline and diesel exceed the balance of production and sales. In the early stage, wait and see the middle and lower reaches, or a large number of goods will be replenished in the market. In addition, by the end of August, some middle and lower reaches will begin to prepare for gold, nine silver and ten hoarding.

In terms of external trading, as of the closing on August 24, the closing price of Asian MTBE market increased by US $30 / ton compared with the previous trading day, and FOB Singapore closed at US $705.5-707.5/ton. The closing price of European MTBE market increased by US $11 / T compared with the previous trading day, and FOB ara closed at US $789.5-790 / T. The closing price of us MTBE market increased by US $20.45/t compared with the previous trading day, and FOB Gulf FOB closed at US $727.18-727.54/t (204.84-204.94 cents / gallon).

In terms of enterprises, some major production enterprises in Shandong will adjust the price by about 100-200 yuan / ton within two days: Shi dashenghua’s MTBE quotation will be increased by 50 yuan / ton to 5800 yuan / ton. The 400000 T / a mixed alkane dehydrogenation and 350000 t MTBE unit of Shandong Shenchi Chemical Co., Ltd. is under maintenance for about half a month. MTBE is increased by 50 yuan / ton, and the quotation is 5800 yuan / ton. The MTBE quotation of Lihua Yijin Petrochemical was increased by 50 yuan / ton to 5750 yuan / ton.

Supported by the sharp rise of crude oil, the domestic MTBE market rose sharply, but the increase was large, and the downstream enthusiasm for receiving goods at high prices weakened. Business agency MTBE analysts believe that the domestic MTBE market may be mainly sorted out in the short term.

On August 24, the sulfur commodity index was 102.24, up 5.85 points from yesterday, down 1.54% from the highest point of 103.84 in the cycle (2011-11-02), and up 296.43% from the lowest point of 25.79 on February 24, 2020（ Note: period refers to the period from September 1, 2011 to now)

According to the price monitoring of business agency, the price trend of sulfur in East China rose strongly on the 24th, and the average price of sulfur production was 1863.33 yuan / ton, up 6.07% from the previous working day. The quotation of refineries in various regions in China was adjusted, the price of solid-liquid sulfur increased significantly, and the price of solid-liquid sulfur increased by 30-80 yuan / ton at the same time. The supply of goods in Hong Kong is tight, the spot on the site is difficult to find, the goods holders are reluctant to sell, and the external price is strong, which boosts the market mentality. The refineries in China operate normally, the inventory is low, the downstream market procurement is mainly on demand, the market trading is relatively stable, and the mentality of the field operators is good.

Future forecast: at present, the domestic sulfur market is high and strong, the downstream phosphate fertilizer market, domestic demand and export orders are stable, the domestic spot supply is tight, and the main actors in the market support sulfur well. The future sulfur market will wait and see to sort out, and pay attention to the market transaction.