1、 Price trend

2、 Market analysis

According to the data of business news agency, the domestic potassium sulfate Market was stronger in early June. As of June 11, the average price of domestic potassium sulfate 50 particle samples was 3200 yuan / ton, an increase of 4.36% compared with the average price at the beginning of May, and an increase of 17.43% compared with the same period last year.

At the beginning of June, the domestic potassium sulfate continued to rise at the end of May, and the ex factory price of enterprises increased greatly. The main advantage of the market is that the supply side of domestic potash fertilizer market continues to be tight in the near future, among which the supply of potassium chloride is tight and the price is high, which directly benefits the processing type potassium sulfate enterprises to take the lead in increasing the spot price. Ningxia Jinniu potassium sulfate 50% powder factory reference price of 3050 yuan / ton. Xiamen Qingshang chemical 50% potassium sulfate powder ex factory reference price of 3400 yuan / ton, manufacturers mainly meet the early orders. A number of potassium sulfate enterprises are sealed and do not accept orders for the time being. In early June, the external potash fertilizer market was stable, and the operating rate of Mannheim plant in China remained about 70% compared with the previous period. At present, the stock of potassium sulfate is low and the market supply is limited. At present, the cost pressure of downstream compound fertilizer manufacturers is increasing, and the load is low. However, it is heard that there is an inquiry in advance in the yard, and there is a willingness to prepare goods, but the acceptance of high price sources is limited.

3、 Future forecast

Potassium sulfate analysts of business news agency believe that: in early June, the price of potassium chloride was stronger, and domestic potassium sulfate cost support was strengthened. In addition to the favorable cost side and the tight supply side of domestic potash fertilizer market, enterprises and traders actively increased. There are passive follow-up operations for end users, and the fluency of high price goods delivery is general. It is expected that the domestic potassium sulfate price will continue to rise in the near future.

In June, PE overall trend continued to be weak, spot three varieties have fallen to varying degrees. Among them, LLDPE and LDPE have fallen significantly, LLDPE has fallen to less than 8000 yuan / T, HDPE has remained stable in large scale, and some of them have declined, and the overall market investment atmosphere is weak. The following is a detailed view:

According to the data of business agency, the average factory price of LLDPE (7042) in East China was 8100.00 yuan / ton on June 1, and 7866.67 yuan / ton on June 10, with a decline of 2.88% over the period, and the overall price rose 15.69% compared with the same period last year.

According to the data of business society, the average factory price of LDPE (2426h) in East China was 9800.00 yuan / ton on June 1, and 9687.50 yuan / ton on June 10, with a decline of 1.15% over the period, and the overall price rose 18.16% compared with the same period last year.

According to the data of business agency, the average price of HDPE (5000S) in East China was 9000.00 yuan / ton on June 1 and 9000.00 yuan / ton on June 10. During the period, the price was stable, and the overall price was up 25.58% compared with the same period last year.

On September 9, petrochemical enterprises in PE spot market collectively lowered the factory price, which hindered the market investment atmosphere. LLDPE and LDPE fell significantly, while HDPE market was down in some parts. The futures market of lianplastic fell in shock, which brought Limited benefits to the spot market. In terms of supply, the new capacity has been put into operation. In terms of demand, the current agricultural film production is off-season, the lower the start rate of downstream enterprises, and the pipe and packaging film are in the off-season. The demand is weak and the receiving intention is not high. The multi-dimensional holding on demand supplement is difficult to improve the market transaction atmosphere. The business mentality is empty, follow the profit giving quotation as the main, the actual offer focuses on a single talk.

Upstream ethylene market, recent external ethylene market overall trend of decline, the market mentality of the polyethylene market. As of 9, the Asian ethylene market price remained stable, CFR Northeast Asia closed at $957-965 / T, and CFR Southeast Asia closed at $917-925 / T. European ethylene market prices fell, FD northwest Europe closed at $1298-1309 / T, CIF NW Europe closed at $1253-1262 / T. The US region’s ethylene price fell at $583-595 / T. Generally speaking, the demand of the whole ethylene market is not good in the near future, the trading atmosphere is light, the transaction is not strong, and the center of gravity of ethylene market is constantly moving down.

On June 10, the futures market stopped falling and rising, but the spot market price was still weak. On June 10, the opening price of PE futures 2109 was 7610, the highest price was 7640, the lowest price was 7555, the closing price was 7615, the former settlement price was 7565, the settlement price was 7590, up 50, or 0.66%, the volume of trading was 363267, the position was 388895, and the daily position increased by -6238（ Quotation unit: yuan / ton)

At present, although the inventory of two oil has declined, the futures market of lianplastic has stopped falling and rising, which brings short-term support to the market. However, the new production capacity is put into operation successively. In addition, the downstream agricultural film, pipe and packaging film are in the traditional off-season, the relatively weak demand still brings obvious control to the market, and the market weakness is difficult to change in the short term. It is expected that the PE spot market will continue to weaken in the short term.

According to the data of the business club’s block list, as of June 9, the average quotation price of acrylic acid in East China was 10200 yuan / ton, which was flat compared with the previous trading day, flat compared with the price at the beginning of the month, down 1.92% compared with the price on May 9, and 14.04% compared with the same period in three months.

In May, the acrylic acid market rose first and then fell, with a monthly rise and fall of – 0.33%. In June, the acrylic acid market was light and the price was stable. At present, the price of raw material propylene is weak, the cost support is weakened, the demand side gas purchase is general, and the demand side procurement is mainly on demand. Most of the operators hold a wait-and-see mentality, the market trading atmosphere is flat, and the market is mainly stable.

Upstream propylene, as of June 7, Shandong propylene prices temporarily stable. According to the price chart of the business club, after a sharp rise of 150-250 yuan / ton on the 3rd, today’s market consolidation operation, individual enterprises slightly reduced 50 yuan / ton. Now the market turnover has risen to 8050-8150 yuan / ton, and the mainstream price is about 8050 yuan / ton.

According to the acrylic acid analysts of business news agency, at present, the raw material propylene is weak, the overall demand of downstream is average, and the basic market atmosphere is flat. It is expected that the acrylic acid market may be weak and stable in the short term, and more attention should be paid to the rise and fall of raw materials.

According to the data of the bulk list of business agencies, the average price of epichlorohydrin enterprises as of June 8 was 13100 yuan / ton, down 0.76% compared with the price at the beginning of the month, 7.75% lower than that on May 8, and 11.97% year-on-year in three months.

In May, epichlorohydrin market as a whole showed a downward trend, entering the market shock finishing in June. At present, the cost side is strong, but the inquiry and purchase is the main demand for the downstream tour. The actual investment and investment are limited, the transaction is slightly general. The 8-day quotation of the enterprise is mainly stable, the price of individual enterprises is adjusted and the market is stiff.

The upstream propylene price was stable by June 7 in Shandong Province. According to the price map of business agency, after a substantial increase of 150-250 yuan / ton on the 3rd, the market is reorganized and operated today. Some enterprises have slightly reduced 50 yuan / ton, and the current market transaction has risen to 8050-8150 yuan / ton, with the mainstream price of about 8050 yuan / ton.

Downstream epoxy resin, June 8, the liquid epoxy resin in East China was up in the early stage, and the offer was relatively stable today. The main market negotiation offer was 27000-27500 yuan / ton in barrels.

According to the epichlorohydrin analyst of business agency, in the view of comprehensive view, the current cost and demand end game is dominated by on-site observation. It is expected that epichlorohydrin market will be mainly shaken in the short term, and more attention should be paid to market information guidance.

1、 Price trend

According to the monitoring data of the business community, the average price of EPS ordinary material was 11250 yuan / ton at the beginning of this week, and 11150 yuan / ton at the weekend, with a price drop of 0.89% and an increase of 40.03% compared with the same period last year.

2、 Market analysis

Styrene softened slightly, EPS market returned to flat after continuous volume increase, business wait-and-see atmosphere warmed up, overall transaction weakened significantly. The inventory of styrene terminal factory is low, and the merchants enter the market continuously for replenishment. Most EPS factories have a large turnover. However, with the completion of periodic replenishment by the merchants after the middle of the week, the inquiry atmosphere of the merchants weakens and the market returns to be flat.

As of June 3, Jiangsu’s ordinary materials were 11000 yuan / ton, down 200 yuan / ton, or 1.79% on a month on month basis, and its fuel was 11500 yuan / ton, down 200 yuan / ton, or 1.71% on a month on month basis. The main port of East China is expected to have accumulated inventory. In addition, some downstream demand may weaken, and new and overhauled units will soon be in normal production. Under the pressure of increased supply, styrene is expected to be slightly weak next week.

3、 Future forecast

At present, some areas are facing the impact of wheat harvest and power rationing, and the overall construction of the downstream is expected to weaken. It is expected that the market demand will weaken slightly next week, and the EPS market price will weaken slightly.