According to the monitoring of the commodity market analysis system of Shengyi Society, the price trend of anhydrous hydrofluoric acid in China has declined this week. On July 12th, the benchmark price of hydrofluoric acid in Shengyi Society was 11333.33 yuan/ton, a decrease of -2.16% compared to the beginning of this month (11583.33 yuan/ton).

Supply side: Recently, the domestic price of hydrofluoric acid has weakened. The mainstream price for domestic hydrofluoric acid negotiations in various regions is 10500-11700 yuan/ton. Some enterprises have parked their equipment and are waiting for the market, but the supply of hydrofluoric acid spot is normal.

Cost side: Domestic fluorite prices have slightly declined this week, with an average price of 3741.25 yuan/ton as of the weekend, a decrease of 0.33% from the early week price of 3753.75 yuan/ton and a year-on-year increase of 22.16%. The current situation of the game in the domestic fluorite industry still exists, and overall, the operating rate of enterprises remains low. The main reason is the tension in upstream mining, the continuous elimination of backward mines, and the difficulty in mineral investigation work for new mines. In addition, the national department will carry out rectification of fluorite mines in the near future, and fluorite mining enterprises are facing increasingly strict safety and environmental protection requirements. Some mines have conducted safety hazard inspections, making it more difficult for fluorite mines to operate. The shortage of raw materials has limited the operation of fluorite enterprises, and the supply of fluorite remains tight, limiting the decline in fluorite prices.

Demand side: Recently, the demand for refrigerants in the market has been weak. Entering the off-season of July and August, due to the influence of rainy weather, the demand for hydrofluoric acid by production enterprises has weakened, and their purchasing enthusiasm has declined. The demand for hydrofluoric acid has been suppressed, and it is mainly for essential purchases.

Market forecast: In the near future, upstream raw material fluorite enterprises will face many difficulties in starting production, with a tight supply of fluorite and support for fluorite prices; The downstream refrigerant industry has entered the off-season with weak demand, which has weakened the enthusiasm for purchasing hydrofluoric acid. It is expected that the price of hydrofluoric acid will continue to weaken in the later period.

This week, the price of phthalic anhydride has been strong and stabilizing

According to the Commodity Market Analysis System of Shengyi Society, the price trend of phthalic anhydride in the domestic phthalic anhydride market has stabilized this week. As of July 12th, the price of phthalic anhydride in the phthalic anhydride process was 8087.50 yuan/ton, which is temporarily stable compared to the price of 8087.50 yuan/ton on July 5th; Compared to July 1st, the price of phthalic anhydride fluctuated and rose by 0.47% to 8050 yuan/ton. Domestic neighboring phthalic anhydride is priced at 7800-8100 yuan/ton before leaving the factory, while domestic naphthalene phthalic anhydride is priced at 7450-7600 yuan/ton before leaving the factory.

Supply side: tight supply of goods

The operation of domestic phthalic anhydride plants is temporarily stable, with a production rate of about 60%. The spot supply of phthalic anhydride is stable, and the sales situation of phthalic anhydride manufacturers is average. This week, the price of industrial naphthalene fluctuated and fell, and the market for naphthalene based phthalic anhydride fluctuated and stabilized. The market for ortho phthalic anhydride also stabilized. This week, the phthalic anhydride market fluctuated and stabilized.

Demand side: The trend of on-demand procurement in the DOP market is fluctuating and declining

According to the Commodity Market Analysis System of Shengyi Society, as of July 12th, the price of plasticizer DOP was 9912.50 yuan/ton, which fluctuated and fell by 0.75% compared to the DOP price of 9987.50 yuan/ton on July 5th last weekend; Compared to Monday, July 8th, the price of 10000 yuan/ton fluctuated and fell by 0.88%; Compared to the DOP price of 9862.50 yuan/ton on July 1st, it first rose and then fell, with an increase of 0.51%. The market for phthalic anhydride, a raw material for plasticizers, has fluctuated and stabilized, while the price of isooctanol has fluctuated and fallen. The cost of plasticizers has also decreased, and the price of plasticizers has fluctuated and fallen this week. In the off-season downstream, manufacturers’ production has decreased, and the demand for plasticizers is poor, which has led to a decrease in support for phthalic anhydride demand and increased downward pressure on phthalic anhydride.

Future forecast

According to the data analyst of Shengyi Society’s phthalic anhydride products, in terms of cost, the recent trend of crude oil prices has been strong and consolidated, the price of ortho xylene has stabilized strongly, and the cost support of phthalic anhydride still exists; In terms of demand, the downstream DOP market has fluctuated and fallen, and the demand for plasticizers is poor. It is expected that the market for phthalic anhydride will stabilize in the future.

1、 Price trend

According to data monitored by Shengyi Society, as of July 11th, the average quotation price of domestic high-quality DMF enterprises was 4250 yuan/ton. The DMF market price was mainly weak, with an overall price drop of 2.07%. Currently, the mainstream price is around 4300 yuan/ton, and the overall market supply and demand are balanced. Enterprises mainly offer discounts and take orders, and the overall market negotiation focus is stable.

2、 Market analysis

The overall market price of DMF is mainly operating in a narrow range and weak trend. Currently, downstream demand is poor, with a mainstream price range of 4300/ton. Manufacturers are actively shipping and logistics are smooth, but downstream demand is weak. Currently, the cost side of DMF is slightly supported, and it will maintain stable, medium, and strong operation in the near future. Downstream enterprises urgently need to purchase and operate.

3、 Future forecast

DMF analysts from Shengyi Society believe that the DMF market will maintain its current trend in the short term, with mainstream prices remaining at 4700-4800 yuan/ton.

According to the Commodity Market Analysis System of Business Society, as of July 10th, the average price quoted by epoxy chloropropane enterprises was 7875.00 yuan/ton, which is basically the same as the price at the beginning of the month.

Since July, the price of raw material liquid chlorine has mainly increased, while the price of raw material propylene has fluctuated narrowly. The price of raw material glycerol has risen, and the cost support is strong. Production enterprises mainly focus on delivering orders, while the price of propylene method is strong. Downstream small orders require follow-up, and the mentality of buying high priced raw materials is still cautious. The overall market atmosphere is still good, and the attitude of price support is strong.

Raw material propylene:

According to the commodity market analysis system of Shengyishe, the reference price for propylene on July 9th was 7128.25, a decrease of 0.07% compared to July 1st (7133.25). Recently, the price of raw material propylene has fluctuated and stabilized within a narrow range, providing some support for the epichlorohydrin market.

Future Market Forecast:

The current market is experiencing a decrease in low-priced goods, and businesses are mainly inclined to hold up prices. However, due to the traditional off-season in the terminal industry, the demand performance may be average. It is expected that the market for epichlorohydrin will remain strong in the short term, and more attention needs to be paid to market news guidance.

1、 Price trend

According to the analysis system of the commodity market of Shengyishe, the price of bromine is in a weak trend. At the beginning of the month, the average market price was 22660 yuan/ton. On July 9th, the average market price was 20900 yuan/ton, a decrease of 7.77% and an increase of 14.84% compared to the same period last year. On July 8th, the bromine commodity index was 74.04, a decrease of 1.4 points from yesterday, a decrease of 69.80% from the highest point in the cycle of 245.18 points (2021-10-27), and an increase of 25.66% from the lowest point of 58.92 points on October 29th, 2014. (Note: The cycle refers to the period from September 1st, 2011 to present)

2、 Market analysis

In early July, the price of bromine was weak, and currently the mainstream market price in Shandong is around 20000-21000 yuan/ton. In terms of supply, various bromine manufacturers are currently operating normally, producing seawater bromine in large quantities. Imported bromine has gradually arrived at the port, increasing bromine production and impacting the domestic market. The production of downstream flame retardants for bromine is average, and the industry is operating weakly. The demand for agriculture and intermediates is average. In terms of raw materials, domestic sulfur prices have risen, with an average market price of 1206.67 yuan/ton at the beginning of the week and an average market price of 1293.33 yuan/ton over the weekend, with a price increase of 7.18%, an increase of 77.77% compared to the same period last year. Downstream procurement is mainly based on demand.

It is predicted that the price of bromine will be weak in the near future. Although the upstream sulfur price has risen, the downstream flame retardant production of bromine is average, and the industry is operating in a weak market. The demand for agriculture and intermediates is average. The comprehensive supply-demand game predicts that bromine may continue to operate in a weak market in the later stage, depending on the downstream market demand.