Price trend:

According to the bulk list data of business society, the domestic ABS market generally weakened in early December, and the spot prices of various brands were mostly reduced. As of December 3, the average price of mainstream offer of general-purpose ABS was about 16050 yuan / ton, up or down – 0.93% compared with the price level at the beginning of the month.

Factor analysis:

Industrial chain: in terms of upstream styrene, crude oil continued to decline, international health events worsened, and the market fell deeply. In the short term, styrene is still expected to rebound after falling continuously, but the overall demand is still weak.

Acrylonitrile prices were sorted out and operated this week. The upstream raw material market was general, the on-site supply increased, the supply of goods in some regions was tight, the merchant offer was strong, and the market change was limited.

Butadiene market fell and remained in a deep downward channel this week. The external market and the domestic market weakened at the same time. In addition, the restart of enterprise devices was bad, the market supply increased, and the downstream demand was mainly just demand. There was no obvious good in the short term, the trading atmosphere was light, and most people in the industry were bearish. The butadiene market was not optimistic.

The overall upstream market of ABS is weak, and the cost side support of ABS is weakened. In terms of operating rate, recently, the shutdown and maintenance equipment and resumption of production capacity are mutually present. In addition, the new production capacity of polymerization plant is implemented, and the overall supply is increased. Double limit and other environmental protection policies still have an impact on the market. The bad overseas market drags the domestic price, the on-site demand is weak, the merchant shipping pressure is increased, and the goods are passively reduced.

Future forecast:

Business analysts believe that the spot market of ABS continued to decline in early December, and the overall trend of the three upstream materials was weak, which weakened the assistance to ABS. The domestic spot price is mainly affected by the gradual weakening of demand and the reduction of market momentum. It is expected that the ABS spot market may still fall in a narrow range in the short term.

Price trend

According to the price monitoring of business agency, the average ex factory price of sulfur market in East China on November 30 was 2000.00 yuan / ton, a decrease of 5.81% in the month and a year-on-year increase of 109.06% compared with the average ex factory price of 2123.33 yuan / ton at the beginning of the month.

In November, the domestic sulfur market was mainly sorted out and operated, and the price trend was significantly reduced. During the month, refineries in various regions in China maintained low inventory operation, downstream factories and traders purchased on demand, and enterprise shipments were relatively smooth. Domestic sulfur manufacturers adjusted their quotation according to their own sales situation. The sulfur market operated on a wait-and-see basis. The spot resources in the port were tight, and the mentality of cargo holders was cautious.

Downstream market of industrial chain

The downstream sulfuric acid market continued to decline. During the month, the prices of mainstream sulfuric acid manufacturers in Shandong decreased slightly, the manufacturers’ inventory was small, the downstream procurement enthusiasm was general, and the market was weak under the weakness of supply and demand.

In terms of phosphate fertilizer, the progress of winter storage market is slow. In November, the market of Monoammonium and diammonium is weak, the market demand is general, and the trading atmosphere on the floor is weak. Diammonium enterprises mainly maintain early orders, the price market is stable, the price trend of Monoammonium is declining, and the support for sulfur is weak.

Future forecast

According to the sulfur analyst of business society, the domestic sulfur price is weak. Although the inventory of refineries in China is still low and the shipment of enterprises is smooth, the demand of phosphate fertilizer market is weak and the support of terminal consumption for sulfur is insufficient. It is expected that the sulfur market will wait and see, and pay attention to the market transaction.

Product Name: silicone DMC

Latest price (December 1): 30800 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on December 1, the domestic silicone DMC market operated downward as a whole. On the 1st, the factory quotation of domestic silicone DMC was around 30100-31000 yuan / ton, and the average price was 30800 yuan / ton. Compared with the previous working day, the average price was reduced by 540 yuan / ton, a decrease of 1.70%. The high price in the market fell significantly, and the difference between high and low prices in the current silicone DMC market gradually narrowed.

Future forecast: at present, the overall trend of silicone DMC market is weak, the downstream purchase is cautious, the wait-and-see mood is strong, and the demand side support performance is general. The silicone DMC data division of business society believes that in the short term, the domestic silicone DMC market is mainly weak, and the consolidation operation needs to pay more attention to the trend changes of supply and demand.

According to the monitoring data of the business community, the price of flake alkali is weak this month. The average market price at the beginning of the month is 5600 yuan / ton, and the average market price at the end of the month is about 3050 yuan / ton, with the price falling by 45.54%. Weak trend of domestic flake alkali market this month.

Upstream caustic soda

According to the monitoring data of business society, the price of caustic soda decreased as a whole in November. At the beginning of the month, the market price in Shandong was 1470 yuan / ton, and at the end of the month, the average market price in Shandong was 847.5 yuan / ton, with a price decrease of 42.35% and a price increase of 72.96% over the same period last year.

The alumina market has lowered the purchase price of liquid alkali for many times this month. Due to insufficient downstream support, the price of liquid alkali has been lowered. The downstream support is insufficient. At present, alumina enterprises generally purchase caustic soda and constantly exert pressure on caustic soda. The demand for alumina is general, and the shipment of caustic soda enterprises is general.

Business analysts believe that the downstream alumina purchases more flake alkali on demand, the shipment of flake alkali is general, and the pessimism begins to linger. It is expected that the follow-up weak operation of flake alkali is mainly based on the downstream market demand.