According to the bulk list data of business society, the market price of glycol continued to fall on Tuesday. On December 20, the average domestic market price of diethylene glycol was 5466 yuan / ton, and on December 26, the average domestic market price of diethylene glycol was 5110 yuan / ton. Glycol prices fell 6.52% on Tuesday.

The price trend of glycol continued to fall on Tuesday. At present, the port inventory is still large, which is lower than that of last week. Enterprises still focus on digesting inventory. It is suggested to pay attention to the dynamics of crude oil market in real time. The operating rate of UPR at the downstream of diethylene glycol is currently 36%, which has no change compared with last week. As of December 26, the domestic market quotation in South China is 5300-5350 yuan / ton, and the domestic market quotation in East China is 4980-5020 yuan / ton.

At present, the inventory of diethylene glycol has decreased slightly, the downstream operating rate is stable, and the attitude on the site is cautious. Diethylene glycol analysts of business society believe that there is no good in the current market. It is expected that the price of diethylene glycol will continue to fall in the short term, mainly with a slight shock.

According to the monitoring data of business agency, from December 17 to December 24, the average market price of cyclohexanone in China rose from 10500 yuan / ton to 10533 yuan / ton, an increase of 0.32% in the week, 2.60% month on month and 50.84% year-on-year.

This week, the domestic cyclohexanone market continued to rise, the raw material pure benzene fluctuated horizontally, and the cost support was relatively stable. The downstream chemical fiber is purchased intensively, the pressure of cyclohexanone shipment is slightly reduced, the manufacturer’s quotation is explored in a narrow range, the solvent market just needs to follow up, and the downstream resistance to high prices limits the room for cyclohexanone to rise.

Summary of domestic cyclohexanone market as of December 24:

region ., Price

East China 10800-11000 yuan / ton cash vehicle delivery

South China 11100-11200 yuan / ton cash delivery

Shandong region 10700-10800 yuan / ton cash delivery

Raw material pure benzene: domestic pure benzene rebounded after falling. Due to the continuous rise of port inventory, people in the industry are cautious about the outlook. During the week, the overall market trading was light, and the price of pure benzene mainly fluctuated with the rise and fall of crude oil and styrene.

Comparison chart of price trend of pure benzene (upstream raw material) and cyclohexanone in business society:

Downstream caprolactam: the supply of caprolactam has increased in the short term. However, the operating load of cyclohexanone units in some enterprises is low, or there is some support for cyclohexanone. At present, the profit of cyclohexanone is high, or the increase of cyclohexanone is limited.

Comparison chart of price trend of cyclohexanone and caprolactam (downstream products) in business community:

The cost side is temporarily stable, the cyclohexanone spot supply is expected to increase, and the downstream outsourcing demand is cautious. The cyclohexanone analysts of the business society expect that the short-term cyclohexanone market will fluctuate.

According to the data monitored by the business community, as of December 23, the average price of domestic power type high-grade lithium iron phosphate was 97000.00 yuan / ton. The market price of lithium iron phosphate increased slightly compared with the same period last week. The overall market negotiation focus was high, the inventory was low, the downstream just needed to purchase, and the transaction atmosphere was acceptable.

The price trend of lithium iron phosphate is relatively strong. At present, the mainstream price is 97000 yuan / ton, and the manufacturers are actively shipping. At present, the supply side is tight, the negotiation focus is high, and the overall market negotiation atmosphere is OK. The focus of the upstream market is high, and the price rises. The lithium iron phosphate Market has certain support, and the overall market is relatively strong.

Upstream lithium carbonate: at the beginning of the week, the price of lithium carbonate continued to rise, and the price rise was also increasing. As the new capacity of the domestic lithium iron phosphate industry is still in a state of continuous climbing, which makes the supply of lithium carbonate with tight supply more tight. At present, it is difficult to purchase in the market, the market demand remains unchanged, and the transaction price of orders continues to increase.

Analysts of lithium iron phosphate in business society believe that lithium iron phosphate is expected to be strong in the short term. (to get more information about goods and to grasp the price of commodities, welcome to subscribe to the business community through the official account of the business community, the market is the opportunity).

According to the price monitoring of business agency, the domestic PTA market rebounded slightly today (December 22). The average market price in East China was 4723 yuan / ton, up 1.81% from the previous day and 30.91% year-on-year. PTA futures 2205 closed at 4784, up 178, or 3.86%.

On December 21, the international oil price rose sharply. The settlement price of the main contract of WTI crude oil futures in the United States was US $71.12/barrel, up US $2.51 or 3.7%, and the settlement price of Brent crude oil futures was US $73.98/barrel, up US $2.46 or 3.4%. In terms of supply and demand, OPEC’s domestic oil production level is still far lower than the previously agreed target; Superimposed on geopolitical advantages, Libya’s ports were blocked again because of the war. In addition, the price of natural gas in Europe soared sharply, and the electricity price in most regions hit a record high, driving the oil price of alternative energy higher.

Statistics of recent changes in PTA plants in China

At present, domestic PTA units have been restarted one after another, the industrial operation has increased to more than 71%, and the operation rate is easy to rise but difficult to fall. At the same time, the demand side continues to be affected by the terminal weakness, the market trading enthusiasm is insufficient, and the contradiction between PTA supply and demand intensifies again.

Business analysts believe that the short-term strong shock of crude oil has increased the support for PTA costs. However, with the restart of some PTA units to increase the load, PTA is about to end the de inventory state, and the market is expected to weaken.

Business agency: ethylene glycol daily review (20211221)

The latest p value price of ethylene glycol on December 21 was 4880 yuan / ton.

In terms of inventory, as of December 20, the total inventory of ethylene glycol in the main ports of East China was 692800 tons, an increase of 71800 tons, an increase of 11.56%, and 59200 tons, an increase of 9.34%, compared with last Thursday.

On December 20, the spot price of ethylene glycol in East China market was 4845 yuan / ton, which was 145 yuan / ton lower than the previous trading day and 96 yuan / ton lower than last week.

Due to the re implementation of travel restrictions in some parts of the world due to the epidemic, the market’s concerns about demand have been exacerbated. The price of crude oil has fallen sharply, and the mood of the coal market is not optimistic. Superimposed on the accumulated reserves of ports, the demand side trading is light and the lifting is not strong.

Forecast: low shock.

In late December, the domestic bisphenol a market fluctuated in a narrow range. This week, the offer of manufacturers was stable, some factories suspended the offer, and there were few sources of middlemen. At present, the market offer of bisphenol A in mainstream North China and East China is 16100-16200 yuan / ton, and there are few spot resources in North China.

The offer of bisphenol A in various markets in China is as follows (the rise and fall range is compared with the previous trading day):

region ., Quotation, Fluctuation range

East China sixteen thousand and one hundred 0

North China sixteen thousand and two hundred 0

Bidding in East China: today, the bidding price of a petrochemical enterprise in East China is 14800 yuan / ton (agreement product) and 14900 yuan / ton (first-class product). The bidding situation has not changed much for two consecutive weeks, and the overall fluctuation space is 200-300 yuan / ton. The recent bidding trend is as follows;

At the beginning of this week, the price of epichlorohydrin, a related product, rose sharply, which increased the cost for the downstream resin market and exacerbated the wait-and-see atmosphere in the downstream market. The offer of downstream epoxy resin market is stable, but the market trading is cold. The offer of East China liquid resin market is 21500-22000 yuan / ton.

On the raw material side, the focus of the phenol Market is higher. The factories opened this week with a centralized increase of 150 yuan / ton. The market offer followed the upward offer of 93500-9400 yuan / ton. The inventory in Jiangyin port decreased significantly, the importers had no shipping pressure, and the price support sentiment increased, but the overall downstream pursuit was cautious. The real order is flat. Acetone made a stable and firm offer, and the negotiated price was 5100-5200 yuan / ton. There were many downstream companies that needed follow-up, mainly small orders in the field.

From the perspective of business analysts, bisphenol a market fluctuates in a narrow range. At present, there are few spot resources, the downstream operating load is not high, and the market trading is mostly small order replenishment. It is expected to continue the shock operation this week and pay close attention to the recent situation of new units.

The market of nitrile rubber was stable this week (12.3-12.10). According to the monitoring of business society, the price of nitrile rubber was 24325 yuan / ton as of December 17.

The offer of domestic nitrile rubber market is stable. According to the monitoring of business society, as of December 17, the mainstream price of Lanhua nitrile n41e market is 24200 yuan / ton; 3305e mainstream newspaper 24000 yuan / ton; 3308e mainstream newspaper 24500 yuan / ton; Shunze nitrile 3355 market mainstream reported 24000 yuan / ton. The commencement expectation of downstream rubber products industry is lower, and the support for nitrile rubber is weak.

Butadiene prices continued to fall sharply this week, and the cost side is difficult to improve. According to the monitoring of business society, as of December 17, the price of butadiene was 4622 yuan / ton, down 14.55% from 5410 yuan / ton at the beginning of the week.

Future forecast: nitrile analysts of business society believe that although the supply pressure of nitrile rubber is small, the price of raw materials has fallen sharply again, coupled with weak demand, it is expected that the nitrile rubber market will weaken in the later stage.

On December 16, the domestic cobalt price fell sharply

According to the data monitoring of business agency, the domestic cobalt price fell sharply on December 16, and the cobalt market fell back. On December 16, the cobalt price was 482700 yuan / ton, down 1.51% from 490100 yuan / ton on the previous trading day (December 15); after more than 20 days of continuous rise, the cobalt price fell sharply on December 16.

The rise of international cobalt price slowed down

As can be seen from the trend chart of LME cobalt price, the rise of LME cobalt price slowed down and the international electrolytic cobalt price stabilized; In December, MB cobalt price stabilized and the rise of international cobalt price slowed down. The price difference at home and abroad decreased, and the upward momentum of domestic cobalt weakened.

Market Overview

According to the data analysts of business news agency, the rise of international cobalt price slowed down in December, the domestic cobalt price rose sharply continuously, the price difference between domestic and foreign cobalt prices decreased, the enthusiasm for domestic cobalt export decreased, the rising power of domestic cobalt price weakened, and the domestic cobalt price fell on the 16th. The demand of the cobalt market is still, the positive of the cobalt market still exists, the short-term cobalt price rise in the future is insufficient, and the long-term cobalt price rise is still supported.

According to the monitoring data of business society, as of December 10, the reference price of liquid epoxy resin in East China was 25600-26200 yuan / ton; The reference price of solid epoxy resin is 21000-21500 yuan / ton, which has decreased significantly recently and has decreased by 1000 yuan since December. Year on year

From the raw material side, the double raw materials fell first and then stabilized last week, and the overall cost of epoxy resin changed limited. However, the demand follow-up performance is weak, the market continues the stalemate and depressed atmosphere, and the bad news is difficult to change.

In contrast, in the same period in December 2020, the price of bisphenol A was 19500 yuan / ton (+ 3500 yuan), and the price of ECH was 12000 yuan / ton (- 2500 yuan). The overall production cost of epoxy resin was similar to that at present, but the price of liquid / solid epoxy resin was lower than that in the same period last year. It can be seen that the market is not the same as before, and the industries with large year-on-year decline in demand are mainly wind power and electronic and electrical industries.

Device: the overall operating rate of liquid resin is about 80%; The operating rate of solid resin is about 50%. The quotation of mainstream factories is as follows:

The 248000 T / a unit in Kunshan South Asia operates normally, and the external quotation of E-51 is 28000 yuan / T;

Changshu Changchun 100000 t / a plant operates at low load. At present, the quotation of epoxy resin E-51 is 26800 yuan / T;

Yangnong Jinhu 170000 T / a plant is in 50% operation, and the quotation of the new E-51 is 26000 yuan / T;

Nantong Xingchen 160000 T / a unit operates stably, and the quotation of liquid epoxy resin E-51 is 26000 yuan / T;

The 200000 t / a unit of Jiangsu Sanmu operates normally, and the new quotation is 26000 yuan / T, mainly based on real order negotiation;

The 155000 T / a unit of Hongchang electronics Zhuhai factory operates normally, and the new E-51 is reported to the outside world at 27000 yuan / T;

The 90000 T / a liquid unit of Baling Petrochemical operates normally, and the E-51 quotation is 26200 yuan / T.

Price trend

According to the price monitoring of business agency, the price of cryolite in Henan increased slightly this week. On December 10, the average market price in Henan was 7275.00 yuan / ton, up 1.04% from the end of last week and 1.75% month on month.

quotations analysis

The domestic cryolite market operates strongly. At present, the source of raw materials tends to be stable, the price is still relatively high, the production cost of enterprises is high, coupled with the impact of winter heating, manufacturers limit production and produce less, and the production pressure supports the market to continue to be high. As of December 10, the ex factory quotation of cryolite in Shandong is 7000-7600 yuan / ton, and that in Henan is 6700-8600 yuan / ton.

In terms of raw materials, the soda ash market continued to be weak and downward this week. As of December 10, the average market price was about 3025 yuan / ton. The price in the week fell by 5.47%, up 106.34% over the same period last year. The price is still high. The operating rate of soda ash increased compared with last week, the output in the week increased, the soda ash supply was stable, the downstream was purchased on demand, and the market trading was general.

In the downstream, the aluminum market fluctuated. On December 10, the aluminum price was 18780.00 yuan / ton, an increase of 0.50% in the week compared with the price of 18686.67 yuan / ton at the end of last week. The social inventory of aluminum decreased slightly, the market demand increased, the horizontal consolidation of aluminum price, and the market was slightly bullish.

Future forecast

The domestic cryolite market is strong at a high level. Due to the supply of raw materials and the limited production of heating in winter, the operators in the field are optimistic. From the perspective of market supply, the short-term cryolite trend is stable at a high level, with specific attention to the situation of upstream raw materials.