This week, the price of ethylene oxide was adjusted horizontally, and the factory price of mainstream East China was 7200 yuan / ton.

Northeast Asia ethylene market weak consolidation, as of yesterday (22nd) CFR Northeast Asia closed at 810.00 USD / T, cost support is weak. Downstream monomer market downturn, inventory accumulation and demand prospects are not optimistic, the bearish atmosphere may continue, which has a certain inhibitory effect on the price rise of ethylene oxide. However, due to the tight supply of ethylene oxide, it is still difficult to obtain one commodity. Under the long short game, the possibility of price fluctuation is extremely low. At present, the maintenance of Maoming Petrochemical is delayed, and Sinopec, srbon and Wuhan Petrochemical are in shutdown.

The overall stability is maintained. Market participants pointed out that Jilin Petrochemical plans to raise 50 yuan / ton tomorrow.

Price trend: the focus of domestic acetone market is downward this week. According to the monitoring data of the business agency, the mainstream factories in East China made an offer of 7400-7600 yuan / ton last weekend. So far, the mainstream factories have offered 6700-6800 yuan / ton. In terms of the market, the average offer of acetone market in China was 7525 yuan / ton on October 16, and 6837 yuan / ton on October 22, an overall decline of 9.14%. However, the overall offer in East China fell to 6500 yuan / ton.

Up to now, the main offers of acetone in the national mainstream market are 6500-6600 yuan / ton in East China, 6800-6850 yuan / ton in surrounding areas of Yanshan and Shandong, and 7000 yuan / ton in South China. Most of the factories implement 6700-6800 yuan / ton, of which the price of acetone of Sinopec in North China is 7100 yuan / ton. As of the time of publication, the price plan of Sinopec in North China will be lowered, which is still under approval.

Analysis and comment: from the product itself, as a weathervane of the national market, the market focus in East China has dropped significantly this week, and the negotiated price once fell to 6500 yuan / ton. At present, the trading atmosphere in the market is not enough, and the mentality of the cargo holders is not stable. However, under the pressure of cost, the price continues to fall, and there are many profitable sources of goods to ship actively, which makes the market more prosperous The main reason for the decline of market price is that the purchasing power is insufficient and the quantity of real offer is limited.

From the perspective of the industrial chain, the upstream raw material pure benzene market went up obviously, and the price of pure benzene was also constantly rising under the influence of the sharp rise of styrene. According to the monitoring of the business agency, Qilu Petrochemical offered 3500 yuan / T; In East China, Yangzi Petrochemical quoted 3500 yuan / ton; in South China, Hainan Refining & Chemical Co., Ltd. quoted 3500 yuan / T; Central China: Wuhan ethylene company offered 3500 yuan / T; others: Dongming Petrochemical quoted 3650 yuan / T; HSBC Petrochemical quoted 3550 yuan / T; Jincheng Petrochemical quoted 3530 yuan / T. In terms of propylene, the inventory of propylene manufacturers is increasing, and the crude oil price is relatively stable. In the past few days, the price of propylene has declined slightly in some high-level enterprises in these two days. Most enterprises have stabilized, and the downstream operating rate and profit margin are fair. Therefore, it is expected that the propylene price will continue to stabilize in the near future.

In terms of the downstream market, the bisphenol a market is still confused. In East China, it is still dominated by competitive price, with reference to 12600-12700 yuan / ton. In terms of factories, the price adjustment has been implemented for 13000 yuan / ton in succession this month. Traders have a heavy wait-and-see mood, and low-cost goods rarely appear in the market. Recently, the bisphenol a market is still running strongly.

Market forecast: after the rapid decline of domestic acetone market, the market slightly eased. The Jiangsu market stopped falling and rose again in the morning. After the price fell sharply, the large holders of acetone were forced to hold back the price under the pressure of cost. However, the willingness of terminal inventory is not strong, and the current terminal procurement is insufficient. It is expected that the short-term acetone market will be weak and stable.

Trade name: ammonium chloride

Latest price (October 21): 625.00 yuan / ton

Key points of analysis: the market of ammonium chloride is stable. According to the monitoring of business agency, the price of dry ammonium chloride in China was 625.00 yuan / ton on the 21st, which was the same as the price of the previous day. The start-up of the factory continues to maintain a high level, and the inventory of ammonium chloride is still under pressure. According to the business agency, the overall operating rate of the combined soda is over 70%, and the overall demand is still weak. According to the business agency, the overall industry operating rate of downstream compound fertilizer enterprises is less than 50%. The ex factory price of ammonium chloride is basically stable. According to the monitoring of the business agency, the 600000 T / a ammonium chloride plant of China Salt Kunshan will operate normally on October 21, 2020, with the ex factory price of 610 yuan / ton and the factory price of wet ammonium 540 yuan / ton.

After market forecast, although the demand is off-season, the supply side for maintenance of some units may be eased in the later stage. In addition, the reserve demand in the later stage will make the market of ammonium chloride rise steadily and slightly in the short term.

1、 Price trend

According to the big data list of business associations, the average price of domestic phosphoric acid on October 19 was 4950 yuan / ton, up 1.71% compared with last Monday, 2.06% on a month on month basis, 7.48% lower than the beginning of the year, and 7.76% lower than the same period last year.

2、 Market analysis

In October, the market of phosphoric acid is stable, and there are not many orders for replenishment after the festival. Recently, driven by the rise of raw material yellow phosphorus, the price of phosphoric acid has followed. Some enterprises have increased 100-150 yuan / ton. Taking Xiangyang Gaolong enterprise as an example, it has increased by 150 yuan to 5000 yuan / ton. Some enterprises have also kept their prices stable and wait for the market. As the yellow phosphorus entered the dry season, the electricity prices in Yunnan and Sichuan were increased, the production costs of yellow phosphorus enterprises increased, and the prices continued to rise, which led to fluctuations in the phosphoric acid market. However, at present, the demand has not been greatly improved, the downstream inquiry is not hot, and the market transaction atmosphere is not warm. Therefore, although there is cost support, the phosphoric acid market is difficult to have a substantial upward space.

According to the monitoring of the business agency, as of October 19, the average market price of 85% industrial purified water phosphoric acid was about 4950 yuan / ton, the price of Sichuan Province was 4700-5400 yuan / ton, the price was rising steadily; the price of Yunnan Province was about 4800 yuan / ton, with stable trading; the price of Beijing was about 4700 yuan / ton, the price was temporarily stable; the price of Hubei Province was 4800-5000 yuan / ton About RMB / ton, the price rises; the quotation in Tianjin is about 5500 yuan / ton, which is stable and wait-and-see; the quotation in Jiangsu is about 4550-4600 yuan / ton, rising steadily. Prices have risen steadily in various places.

Regional product specification date price (yuan / ton)

Phosphoric acid content in East China: 85% October 19 5260-5280

Phosphoric acid content in Southwest China: 85% October 19 4670-4690

Phosphoric acid content in Central China: 85% October 19 4820-4830

The phosphoric acid industry chain rose more than decreased. On October 19, the phosphoric acid industrial chain index was 89.04, up 0.59 points compared with yesterday, 16.20% lower than 106.25 points (2012-03-22), and 14.74% higher than 77.60 points, the lowest point on July 2, 2019. (Note: period refers to 2011-12-01 to now)

The overall trend of the yellow phosphorus and inner yellow phosphorus market is upward. The spot sales in the market are basically normal. The price in Yunnan is rising rapidly. The price in Sichuan has also increased. The price in Guizhou is relatively stable. Traders are more cautious in taking goods and mainly purchase on demand in the downstream. In November, the electricity prices in Yunnan and Sichuan increased, and the production costs of yellow phosphorus enterprises increased. At present, the yellow phosphorus enterprises have successively raised their quotations, with the reference price of 16000-16200 yuan / ton..

Phosphate rock, into October, after the double festival, domestic phosphate ore began to resume gradually, the field trading stable, heard that some mining enterprises or intend to raise the quotation, new single transaction sporadic high price, the market more wait-and-see. At present, after the high-end quotation of phosphate ore market, the trading is fair, and the procurement is mainly on demand. The reference price is 386.67, which is 2.65% higher than that on October 1 (376.67).

Sulfuric acid, in late October, the market of sulfuric acid in Shandong area or a small shock rise. The price of sulfur in the upstream has risen slightly in recent years, and the downstream market has been consolidated at a high level. The demand for sulfuric acid in the downstream is positive, and the product trend is upward under the contradiction between supply and demand. The sulfuric acid analysts of the business agency believe that the short-term Shandong market in the supply and demand and raw materials and other aspects of the impact of sulfuric acid market or a small rise.

Downstream ammonium phosphate, at present, raw material prices of Monoammonium are rising, the market trading atmosphere is good, and the transaction center is up. It is expected that monoammonium will rise steadily in the short term. The quotation of diammonium continued to be firm, the domestic market was stable, and the international market demand was good. It is expected that diammonium will continue to rise in the short term.

3、 Future forecast

The phosphoric acid analysts of chemical branch of business society believe that the price of phosphoric acid has been following up with the rise of raw material yellow phosphorus recently, but the demand has not been greatly improved, the downstream inquiry is not hot, and the market transaction atmosphere is not warm. Therefore, although there is cost support, the phosphoric acid market is difficult to have a substantial upward space. It is expected that the trend will be flat in the short term, and the price will rise locally.

1、 Price trend

The comprehensive price of hydrochloric acid in North China rose slightly this week, with the quotation rising from 277.50 yuan / ton at the beginning of the week to 280.00 yuan / ton at the end of the week, up 0.9%. Overall, hydrochloric acid market rose slightly this week, with the hydrochloric acid commodity index of 73.68 on October 16.

2、 Market analysis

From the manufacturer’s quotation point of view, this week hydrochloric acid Market manufacturer’s quotation slightly rises, the overall market is general. The quotation of Taiyuan kunshengda hydrochloric acid is 480 yuan / T, which is temporarily stable; Dezhou Shihua hydrochloric acid is 350 yuan / T, which is temporarily stable; Wenshui synthetic hydrochloric acid is 230 yuan / T at weekend, which is temporarily stable compared with the beginning of the week; Jinan Yuanfei hydrochloric acid is quoted at 300 yuan / T at weekend, which is temporarily stable compared with the beginning of the week; Dezhou Meihua hydrochloric acid is quoted at 110 yuan / T at weekend, which is 10 yuan higher than that at the beginning of the week /Tons.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market is general, which gives weak support to hydrochloric acid, while the downstream silica market is general, and the market price of ammonium chloride gradually drops, which has a negative impact on hydrochloric acid. This week, the overall hydrochloric acid market consolidation, hydrochloric acid delivery is still a major problem.

3、 Future forecast

The recent market of upstream liquid chlorine is general, while the downstream silica and ammonium chloride are mainly purchased on demand. Business agency analysts believe that hydrochloric acid recent low consolidation.