Trade name: potassium chloride

Latest price (August 16): 3210.00 yuan / ton

On August 16, the mixed price of potassium chloride in Qinghai was temporarily stable, which was the same as the quotation on August 13. The demand for international potash fertilizer is strong, and the available supply of domestic potash fertilizer is tight. Although the production enterprises are fully engaged in production, the operating rate is slightly low and the self-sufficiency rate is insufficient. At the same time, the delivery of international potash fertilizer suppliers is delayed and the arrival at the port is limited.

Recently, the price of potassium chloride in Qinghai may fluctuate slightly, and the quotation is about 3200-3300 yuan / ton.

1、 Price trend

According to the bulk list data of business society, the average ex factory price of powdered monoammonium was 3400 yuan / ton on August 9 and 3600 yuan / ton on August 15. The price of monoammonium phosphate increased by 5.88% this week.

According to the bulk list data of business society, the average ex factory price of 64% diammonium phosphate was 3526 yuan / ton on August 9 and 3590 yuan / ton on August 15. The price of diammonium phosphate increased by 1.8% this week.

2、 Market analysis

The price of monoammonium phosphate rose this week, and the operating rate of enterprises was about 70%, down from last week. The price of monoammonium phosphate is still high, supported by the price of raw materials, and the downstream is purchased on demand. The units of some enterprises were shut down for maintenance, and the demand for monoammonium decreased in the later stage. The factory quotation of 55% powdered ammonium in China is 3500-3600 yuan / ton. The factory quotation of 58% powdered ammonium is about 3800 yuan / ton.

The price of diammonium phosphate rose this week, and the operating rate of enterprises was about 60%, up from last week. The enterprise has a large waiting volume, tight supply and good downstream demand. The factory quotation of 64% mainstream diammonium in Hubei is 3500-3600 yuan / ton, and that of 64% mainstream diammonium in North China is about 3600-3700 yuan / ton.

This week, the overall domestic market of raw phosphorus ore continued to operate at a high level and stably. At present, the market operating rate in Guizhou is low and the supply of phosphate rock is tight. It is heard that mining enterprises still have the intention to increase slightly in the later stage. At present, the price direction is mainly wait-and-see.

3、 Future forecast

The ammonium phosphate analyst of business society believes that the current ammonium phosphate Market is good and the price is always high when the raw material price is stable. Favorable cost support and tight supply. At present, the demand for monoammonium is weakened and the demand for diammonium continues to improve. It is expected that monoammonium will be adjusted in a narrow range in the short term, and diammonium may continue to rise.

Adipic acid market trend chart

According to the monitoring of the business community, this week (8.9-12), the domestic price of caprylic acid was stable. After the high decline in mid and late July, the current price stabilized and the market fluctuation was not strong. In addition to the negative impact caused by the decline in cost, the lack of improvement in demand was also the main factor restricting the development of the market. According to the monitoring of business agency, adipic acid in East China increased by only 0.28% this week. At present, the price range of adipic acid is 10700-11000 yuan / ton.

In terms of market supply, adipic acid manufacturers’ devices are generally normal this week, maintaining a high operating rate. The manufacturer’s inventory has been reduced and cleared in the early stage. At present, the inventory pressure is normal, but the current market demand is still weak, and the delivery speed of enterprises has decreased significantly. From the perspective of dealers, although the manufacturer’s inventory pressure is balanced, the market inventory pressure is still large. The market is in the process of de inventory, and some dealers mainly sell goods at a profit.

Trend chart of pure benzene Market

In terms of cost, pure benzene has been declining since August. As of August 12, pure benzene has fallen by 7.96% this month. While the cost pressure has been relieved, the price of adipic acid also reflects certain advantages. The manufacturer’s profit has been significantly improved compared with the previous period. Compared with the upstream pure benzene market, adipic acid has a relatively strong performance.

PA66 market trend chart

Terminal demand: from the downstream PA66 of adipic acid, PA66 is still hovering at the bottom. Since April, PA66 has entered the downstream channel. The off-season effect is obvious. The price has rebounded slightly this month, but the range is limited. According to the monitoring of business society, PA66 has increased slightly by 0.26% as of August 12. The weak downstream demand has an obvious impact on adipic acid.

In the later stage, the business society believes that the continuous decline of pure benzene may pave the way for the decline of adipic acid price in the later stage, especially under the background of no improvement in demand, it is possible for enterprises to reduce prices and ship goods. It is expected that the adipic acid price will remain stable in the near future, and the possibility of price decline will not be ruled out in the medium and long term.

According to the data monitored by the business community, as of August 11, the average price of PMMA of domestic general transparent superior products was 17050.00 yuan / ton, the overall market maintained a stable operation, the quotation range of mainstream manufacturers maintained about 17000 yuan / ton, the focus of negotiation was stable, the downstream just needed to purchase, and maintained a stable trend in the short term.

The domestic PMMA operates smoothly as a whole. Compared with the same period last week, there is no significant change in the price. The contract customers are the main customers, the transaction atmosphere is general, the downstream just needs to purchase, the negotiation atmosphere is flat, the supply of spot goods by some manufacturers is tight, and the upstream MMA operates smoothly, mainly just needs to purchase, with real orders and real negotiations.

PMMA analysts of business agency believe that PMMA market will be sorted and operated in the short term（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.

According to the data monitored by the business society, the PP market was generally weak in early August, and the spot prices of various brands fell. As of August 10, the mainstream offer price of T30S (wire drawing) from domestic manufacturers and traders was about 8333.33 yuan / ton, a decrease of 1.77% compared with the average price at the beginning of the month and an increase of 4.60% year-on-year.

Cause analysis

The domestic (Shandong) market of PP upstream propylene was under pressure in early August, and the price continued to decline. As of the 10th, the market was 7645.82 yuan / ton, down 2.29% from the 1st. In terms of international crude oil, crude oil prices fell sharply due to the slowdown in demand caused by delta virus, further amplification of concerns, and concerns about oversupply caused by the increase in production in oil producing countries. Propylene prices fell, the market bearish mentality was strong, and the downstream demand was ok, but the negative impact of cost was strong, and the demand support was weak. At present, the cost of propylene dominates the market, and crude oil is bearish in the future. It is expected that the propylene market will maintain a weak downward trend.

The price of upstream propylene fell, and the cost side support of PP weakened recently. In terms of industrial operation rate, there are currently resumption devices in China to resume production. In addition, the new production capacity has not been started. At the same time, the domestic drawing PP material inventory has also increased, and the market supply shows an increasing trend. In terms of demand, the follow-up is weak, and the purchase operation of downstream factories is just in demand, focusing on maintaining production. The atmosphere in the venue has not yet got rid of the off-season color, and the spot price is under pressure.

In terms of fiber materials, according to the data monitored by the business society, as of August 10, the mainstream offer price of domestic manufacturers and traders Z30S (fiber) was about 8483.33 yuan / ton, a decrease of 0.39% compared with the average price at the beginning of the month and an increase of 8.53% year-on-year. Domestic fiber PP spot fell slightly in the first ten days, and the recent production scheduling accounted for more than 12%, but increased to a certain level compared with the end of the month. At present, the demand for fiber PP is general, and the price of main downstream non-woven fabrics is stable in the first ten days, stable at around 11000 yuan / ton. There is no large-scale demand for end consumer goods, the market is weak and consolidated, and the outlook is mostly stable.

In terms of melt blown materials, the melt blown PP market increased in the first ten days, and I heard that the spot offer price in the field increased. As of August 10, the average quotation of domestic meltblown material sample enterprises monitored by business society was about 9566.67 yuan / ton. At present, the impact of health events has expanded, the international demand for epidemic prevention has increased, and the orders of downstream melt blown cloth have begun to increase. In the early stage, due to the high market saturation of domestic melt blown cloth products, there are few devices still in production in China. At the same time, it also makes the market normally feed back the impact of increased demand. It is expected that the price of melt blown PP may continue to be strong.

Future forecast

PP analysts of business society believe that the overall shock of domestic polypropylene market in early August is weak, and the trend of spot price is different. The demand level of downstream enterprises is still not high, and the operation of hoarding goods in advance for the traditional peak season in September has not been heard. The supply of high priced goods in the venue is under pressure, and businesses prefer to sell goods at a profit. The upstream propylene market followed the decline of crude oil, and the cost side support of PP weakened. The market mentality is general, and it is expected that the PP price may continue the weak consolidation pattern in the short term.