Trade name: potassium chloride

Latest price (August 5): 1835.00 yuan / ton

On August 5, the mixed price of potassium chloride in Qinghai was temporarily stable, which was in line with the quotation on August 3. At present, the main contradiction in the market is that the supply exceeds demand, the trading atmosphere is cold, the downstream purchasing is mainly required, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride market is stable.

Recently, the price of potassium chloride in Qinghai area may fluctuate slightly, and the quotation is about 1820-1850 yuan / ton.

According to statistics, the price trend of domestic fluorite declined slightly in July. By the end of the month, the average price of domestic fluorite was 2800 yuan / ton, a slight decrease of 0.4% compared with 2811.11 yuan / ton at the beginning of the month, and a 10.04% decrease year-on-year.

In July, the price of fluorite decreased slightly. Recently, the manufacturers reported that the order situation of fluorite was general, and the merchants in the market were not willing to sell at a low price. The price of fluorite remained at a high level of 2800 yuan / T, and the price of fluorite did not change much. The operation of domestic fluorite manufacturers is stable, the on-site mines and flotation devices are under normal operation, and the fluorite market price is slightly lower. In July, the downstream hydrofluoric acid market price rose slightly, and the downstream terminal was mainly purchased on demand. As of the end of the month, the 97 fluorite wet powder price in Inner Mongolia was 2600-2800 yuan / ton, the mainstream in Fujian Province was 2700-2800 yuan / ton, the 97 fluorite wet powder price in Henan Province was 2700-2900 yuan / ton, and the 97 fluorite wet powder price in Jiangxi Province was 2700-2900 yuan / ton However, the price trend of fluorite market is mainly stable.

The market price of hydrofluoric acid in the downstream of fluorite slightly increased. As of the end of the month, the domestic hydrofluoric acid market price was 9020 yuan / ton, with an increase of 0.22% in July. The price trend of hydrofluoric acid market has a positive impact on the upstream fluorite market, and the fluorite price remains at a high level. In recent years, the sales of automobile industry have improved, but the market trend of refrigerant downstream of the terminal has improved. The demand for refrigerants has not improved significantly, the recovery of foreign economy is not obvious, and the export situation of refrigerant terminal is general. However, the domestic air conditioning industry starts at a low level and the demand for maintenance and after-sales service is weak. On the whole, the foreign demand has not improved significantly. At present, the load of refrigerant R22 manufacturers is not high, the inventory is in a reasonable range, and the market price is still fluctuating. However, the market situation of price without market is obvious. The mainstream price of R22 in domestic large enterprises is 16000-18000 yuan / ton. The domestic market price of R134a is low, and the unit operating rate of production enterprises remains low. At present, the downstream start-up is not high, and the demand for R134a is cold. Recently, the purchasing situation of downstream industry is general, and the price trend of fluorite is mainly stable.

Generally speaking, the market situation of the downstream refrigerant industry is general, but recently, hydrofluoric acid merchants have reported that the hydrofluoric acid market has price but no market, and there is a risk of price reduction. Chen Ling, an analyst at the business agency, believes that the fluorite market price may fluctuate in the short term, and there is no lack of low risk.

1、 Price trend

According to the big list data of business agency, aniline price went up this week. On July 31, aniline price in Shandong was 4200-4330 yuan / ton, and that in East China was 4300-4400 yuan / ton, up 1.57% over last week.

2、 Analysis and comment

In terms of cost, the listed price of pure benzene on Sunday (August 2) was 3230-3400 yuan / ton (the average price was 3370 yuan / ton), and the average price was increased by 180 yuan / ton or 5.64% compared with last week. Sinopec raised the listing price of pure benzene twice this week to 3350 yuan / ton, a total increase of 250 yuan / ton compared with July 1. This week coincides with the end of the month to fill the short, the market spot transaction is more active; in addition, the price of the external market has risen significantly, reducing the pressure of cash withdrawal, pushing up the price of pure benzene.

The price of nitric acid stabilized this week, with 1533.33 yuan / ton in East China on July 31.

This week, Dongying Huatai aniline plant was shut down for maintenance, and the market supply was reduced to some extent. In addition, the raw material of pure benzene rose many times this week, with strong support, driving the focus of aniline Market to move up. However, weak downstream demand still limited the rise of aniline.

3、 Future expectations

In terms of cost, although the pressure of port inventory is still under pressure, the pressure has been alleviated after the end of the month. In addition, Sinopec raised the listing price, the bottom support is stronger, and the pure benzene market is expected to be stronger next week.

Supply and demand balance, aniline price is expected to be stable next week.

1、 Price trend

According to the data of the business club’s bulk list, the domestic propylene (Shandong) market price experienced three rounds of ups and downs this month, which was 6866 yuan / ton at the beginning of the month; 6825 yuan / ton at the end of the month, with a monthly decline of 0.60%; the monthly high price appeared from July 9 to 11, with a monthly low price of RMB 6636 / T on July 4 and 5, with a monthly amplitude of 3.86%.

2、 Analysis and comment

According to the price chart of the business agency, the recent price of propylene fluctuates periodically, with a relatively stable price range. Since the beginning of July, the price has been continuously reduced by 200-250 yuan / ton. From June 6 to 9, the price dropped by about 250 yuan / ton. From the 12th to the 16th, the price dropped by 150-200 yuan / ton. On the 18th, the second round of rise was started, with a total increase of 150-200 yuan / ton. On the 25th weekend, the third round of decline was started, with a total reduction of 150-200 yuan / ton. On the 29th, the price rebounded comprehensively, opening the third round of upward market of this month The average daily increase is about 50 yuan / ton, up to now 150 yuan / ton. The market transaction is between 6770 and 7000 yuan / ton, and the mainstream price is about 6800 yuan / ton. At present, the propylene manufacturers have smooth shipment and no inventory pressure.

On the upstream side, most crude oil prices have risen in recent years, but there have been occasional downturns. On July 30, crude oil prices fell significantly, or slightly negative impact on propylene market.

PP market rose in the first half of this month and then declined. In the second half of this month, PP market remained stable, with a monthly decline of 0.21% and a monthly amplitude of 3.31%. At the end of the month, polypropylene futures market rose slightly, but to a lesser extent.

This month, the price of acrylic acid went down step by step and stabilized, with a monthly decline of 8.01% and a monthly amplitude of 8.80%, which had a negative impact on propylene.

Propylene oxide market remained stable in the first half of this month, and continued to rise in the second half of this month, with a monthly increase of 12.04% and a monthly amplitude of 14.33%, which had a significant positive impact on propylene.

Epichlorohydrin rose slightly in the first ten days of this month, and then decreased sharply. In the middle and last ten days, it stabilized, with a monthly decrease of 7.99% and a monthly amplitude of 10.28%, which had a negative impact on propylene.

This month, the domestic price of isopropanol has been declining steadily, with a monthly decline of 18.75%, which has a significant negative impact on propylene.

The domestic n-butanol price remained stable in the first ten days of this month, dropped sharply in the middle of the month, and then fell again after rising in the last ten days, with a monthly decline of 8.33%, which slightly suppressed the propylene market.

This month, the market of octanol is similar to that of n-butanol, and it is also stable in the first ten days. It has a sharp decline in the middle of the month, and then declines again after rising in the last ten days, with a monthly decline of 4.88% and a monthly amplitude of 6.65%, which also has a negative impact on propylene.

This month, the phenol Market in East China was generally stable after a downward shock, and rose slightly at the end of the month, with a monthly decline of 19.93% and a monthly amplitude of 23.37%, which had a significant negative impact on propylene.

The acetone market in East China continued its downward trend since the second half of June, with a volatile decline all the way, with a monthly decline of 36.54%, which had a significant negative impact on propylene.

3、 Future forecast

The propylene analysts of the chemical branch of the business society think: Generally speaking, the current propylene manufacturers have no inventory pressure, and the shipment is smooth. Although the crude oil price has declined slightly, the overall downstream market is relatively ideal in the near future. The market price of propylene has been rising continuously. Although it has not reached the upper limit, the purchasing enthusiasm has been slightly reduced. It is mainly on demand and the market atmosphere is general. Therefore, it is expected that the propylene price will rise slightly again and stabilize in the near future.

According to the monitoring data of the business agency, the external price of ethylene has fallen recently. On the 29th, the average price of ethylene was 740.75 US dollars / ton, and on the 27th it was 753.50 US dollars / ton, down 1.69%. The current price is down 2.92% month on month, and the current price is 15.27% lower than last year.

In the near future, ethylene has shown a downward trend as a whole. Asian ethylene market prices remained stable. As of the 29th, CFR Northeast Asia closed at US $795-805 / T and CFR Southeast Asia closed at US $700-710 / T. The price of European ethylene market fell. As of the 29th, the European ethylene market price was FD, which closed at 749-758 US dollars / ton in northwest Europe and 690-698 US dollars / ton in CIF northwest Europe. The price of ethylene in the United States remained stable. As of the 29th, the price was 339-357 US dollars / ton. Generally speaking, the ethylene market in Europe and the United States is in a continuous downward trend, the demand of the whole ethylene market is weak, and the trading atmosphere is cold and clear.

International: on July 29, the price of WTI crude oil futures market in the United States rose, and the settlement price of main contracts rose by US $0.23 to US $41.27/barrel. Brent crude oil futures market prices rose, with the settlement price of main contracts at $43.09/barrel, up $0.48. Oil prices rose mainly due to the largest drop in US crude oil inventories in the year, but the surge in global epidemic cases limited the rise in oil prices. The rise of crude oil price supported the cost of ethylene. However, the oil price in the early stage dropped by a large margin, and ethylene was in the following situation for the time being, and the external market of ethylene fell.

The domestic styrene market is stable, with East China rising slightly. Port styrene storage costs continue to rise, aggravating the de stocking pressure. Futures pull up, driving the spot market prices to rise, to the end of the month, replenishment transactions. There is a bullish mentality in the market, and the low price goods supply is reduced. Supply supply weakened after the market, good support. It is expected that the market will continue to confront each other in recent days. On the whole, this week’s styrene price rebound is limited, but in the short term, it is still more negative, and the price consolidation. Limited support for ethylene.

In terms of crude oil: according to the previous agreement reached by OPEC +, the record production reduction will end in July. If OPEC + reduces the share of production reduction, it may further break the current balance of the oil market, and there is also a downward risk of oil price. So business agency data analysts expect ethylene prices to fall mainly below.