1、 Price trend

According to the bulk data monitoring of business society, as of November 22, the average price of refrigerant R22 was 24666.67 yuan / ton, which was 1000 yuan / ton lower than the average price of 25666.67 yuan / ton at the beginning of last week (15th), a decrease of 3.9% during the cycle and an increase of 74.12% compared with the same period last year

According to the bulk data monitoring of business society, as of November 22, the average price of refrigerant R134a was 48333.33 yuan / ton, which was 666 yuan lower than the average price of 50666.67 yuan / ton at the beginning of last week (8th), a decrease of 3.33% during the cycle and an increase of 218.66% compared with the same period last year.

2、 Market analysis

Recently, the refrigerant R22 market continued to weaken, the price of raw hydrofluoric acid remained stable at 13800-14300 yuan / ton, and the quotation of some manufacturers was higher than the market price, while chloroform continued to fall to 3500 yuan / ton, the cost support decreased sharply, coupled with the continuous decline in demand and the accumulation of channel inventory, the refrigerant holders actively reduced the price for shipment, and now the lowest price is 22000 yuan / ton, which is weak. Up to now, the market quotation of R22 has remained in the range of 22000-27000 yuan / ton, about 22000-27000 yuan / ton in Shandong, about 22000-25000 yuan / ton in Zhejiang, about 22000-22500 yuan / ton in Hunan and about 24000-25000 yuan / ton in Jiangsu. Prices in various places have declined steadily.

Recently, the price of refrigerant R134a fell broadly, the price of raw hydrofluoric acid remained stable at 13800-14300 yuan / ton, and the quotation of some manufacturers was higher than the market price, while the price of trichloroethylene plummeted below 20000 yuan, the cost support collapsed, the selling sentiment of refrigerant enterprises was high, and the price fell again and again. Now the lowest price is 41000 yuan / ton, and the actual transaction price is also lower, Operators are more bearish on the future market. Up to now, the market price of R134a is in the range of 41000-51000 yuan / ton, the price in Shandong is about 44000-51000 yuan / ton, the price in Zhejiang is about 42500-50000 yuan / ton, the price in Hunan is about 41000-42000 yuan / ton, and the price in Jiangsu is about 45000-51000 yuan / ton.

In terms of raw materials, the price trend of domestic hydrofluoric acid was temporarily stable this week. So far, the mainstream price negotiated in various regions of domestic hydrofluoric acid is 13800-14300 yuan / ton. The quotation of some manufacturers is higher than the market price, and the actual transaction market on the site is stable. Recently, the domestic spot supply of hydrofluoric acid is tight, but the downstream acceptance degree is gradually declining, and the market price trend of hydrofluoric acid is temporarily stable.

3、 Future forecast

Business community refrigerant analysts believe that at present, the refrigerant is dominated by bad conditions, the demand is weak, the enterprise has accumulated inventory, the sales pressure is large, the market is in a situation of price without market, the stock holders have strong selling sentiment and negative mentality, and it is expected that R22 and R134a may continue to decline in the short term.

1、 Price trend

As can be seen from the above figure, the ex factory price of domestic potassium chloride was temporarily stable this week. This week, the factory quotation of potassium chloride in domestic salt lakes was 3190.00 yuan / ton, up 53.738% year-on-year compared with the same period last year. The arrival price is about 3500-3800 yuan / ton. On the whole, the domestic potassium chloride market was temporarily stable this week. On November 21, the commodity index of potassium chloride was 101.27, the same as yesterday, down 2.45% from the highest point of 103.81 in the cycle (2021-10-12), and up 73.85% from the lowest point of 58.25 on August 6, 2020.

2、 Market analysis

The quotation of mainstream domestic potassium chloride manufacturers this week is temporarily stable: the factory quotation of Qinghai Salt Lake potassium chloride at the weekend is 3190 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Anhui kemico’s 62% potassium chloride distribution quotation is 4200 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Anhui kemico’s 60% potassium chloride distribution quotation is 4050 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Anhui Badou’s 62% potassium chloride distribution quotation is 4100 yuan / ton, which is temporarily stable compared with that at the beginning of the week. Jinan bayat potassium chloride distribution quotation is 4900 yuan / ton, which is temporarily stable compared with that at the beginning of the week. The selling price of potassium chloride actually built in Shanghai is 4600 yuan / ton, which is temporarily stable compared with that at the beginning of the week. The factory quotation of 57% mainstream powder in Qinghai small factory is 2900-3000 yuan / ton, and the supply of goods is tight; The price of 62% white potassium in the port is about 4100 yuan / ton. The price of 62% Russian White potassium vehicle board in border trade is about 3900 yuan / ton, and the quotation rises.

The salt lake and zangge are under normal operation and the unit is in good operation, but the downstream demand is good and the supply of goods is relatively tight. Agricultural demand is basically over, the winter storage market is advancing slowly, and traders are not active in taking goods. From the perspective of industrial demand, the overall operating rate of the downstream market of potassium chloride is not high, and it is mainly just needed to purchase. While the international potash fertilizer has risen sharply, the domestic potash fertilizer may still rise.

3、 Future forecast

In late November, the overall trend of potassium chloride market may rise slightly. The international demand for potash fertilizer is strong, but the domestic available supply is in short supply. Potassium chloride analysts of business society believe that the short-term potassium chloride market may rise slightly under the influence of supply and demand and raw materials.

The price of aluminum fluoride rose sharply this week

According to the data of business agency, the price of aluminum fluoride rose sharply this week. As of November 19, the average price of domestic aluminum fluoride was 14266.67 yuan / ton, up 10.31% from 12933.33 yuan / ton last weekend (November 12); Aluminum fluoride market rose sharply this week.

Raw material prices rose at a high level this week

According to the monitoring of business agency, the price of hydrofluoric acid rose at a high level in November. As of November 19, the price of hydrofluoric acid was 14010 yuan / ton, which was temporarily stable compared with the price of 14010 yuan / ton last weekend (November 12), and the high level of hydrofluoric acid market remained stable; The price of hydrofluoric acid increased by 3.39% compared with 13550 yuan / ton in early November; The market of downstream refrigerants has maintained a high level in the near future, and the site purchases on demand. The advantages are superimposed on the high price of hydrofluoric acid to maintain stability. The price of hydrofluoric acid is high, and the rising power of aluminum fluoride remains.

According to the monitoring of business society, the price of fluorite rose at a high level this week. This week, the fluorite market continued the previous rise, and the price of fluorite rose by 1.99% this week; Affected by the cold wave, the traffic in Inner Mongolia and other places is blocked, the price of fluorite rises in the short term, the price of fluorite rises, the cost of aluminum fluoride rises, and the rising power of aluminum fluoride increases.

Market overview and forecast

Analysts of aluminum fluoride industry of business agency believe that the price of hydrofluoric acid rose sharply this week, the price of fluorite rose, the high price of hydrofluoric acid remained stable, the high cost of aluminum fluoride rose, and the rising power of aluminum fluoride increased. The high price range of aluminum ingots in the lower reaches fluctuated and fell, aluminum fluoride was dominated by rigid demand, the equipment commencement of aluminum fluoride enterprises decreased, and the supply of aluminum fluoride decreased. It is expected that the high price of aluminum fluoride will stabilize in the future.

This week, the domestic MIBK market declined broadly, and the market offer fell below 20000 yuan. The market reference offer in East China was 19300-19600 yuan / ton. According to the monitoring data of business society, the market offer was 20800 yuan / ton on November 12, 19600 yuan / ton on November 18, and the market fell 1200 yuan / ton. There was little change in the start-up of enterprises during the week. The profit of antioxidant industry was large, and the demand remained stable. Other retail investors in the downstream had poor enthusiasm to enter the market, just needed to purchase, and the offer price was low.

From the raw material side, the domestic acetone market rose first and then fell this week, with little overall fluctuation space. According to the monitoring data of business agency, the acetone in East China was quoted at 5600 yuan / ton on November 12, 5700 yuan / ton on November 18, and the intermediate market rose to 5850 yuan / ton. On the whole, there was little change in the fundamentals this week. Up to now, the offer of domestic factories is 5800 yuan / ton, and the offers of major mainstream regions are as follows: 5700 yuan / ton in East China, 6000 yuan / ton in South China, and 5850 yuan / ton in Yanshan and Shandong. The short-term supply side has not changed much, the manufacturer’s inventory has increased, and the port is relatively stable. The business society expects the market to focus on the demand side.

The downstream rubber additives market is stable, the accelerator starts at a low level and the demand support is limited. Under the influence of policies, the downstream tire industry starts at a low level and the overall demand is weak.

From the perspective of business community, the market continues to decline and negative factors increase. At present, it is difficult to improve the downstream demand. It is expected that the short-term MIBK market will be weak and volatile.

1、 Price trend

According to the bulk data list of business society, the average price of domestic phosphoric acid on November 125 was 9866.67 yuan / ton, the same as that at the beginning of the week, an increase of 97.33% compared with the same period last year.

2、 Market analysis

This week, the phosphoric acid market was running weakly and stably, most of the enterprise quotations remained in the early state, and the offers of a few enterprises were reduced, but the overall market did not change much. This week, electricity prices in various regions were raised and costs increased, which supported the price of raw material yellow phosphorus to rise slightly. However, phosphoric acid enterprises have not operated yet and still maintain a wait-and-see attitude. According to the monitoring of the business community, the current quotation in Sichuan is 9500-10500 yuan / ton, that in Yunnan is about 90000-10000 yuan / ton, that in Hebei is about 11000-12000 yuan / ton, that in Hubei is 10000-11000 yuan / ton, and that in Shandong is 10500-11500 yuan / ton. The price of phosphoric acid in all regions has declined as a whole this week.

region product Specifications date Price (yuan / ton)

Sichuan region phosphoric acid 85% industrial grade November 12th 9500-10500

Yunnan region phosphoric acid 85% industrial grade November 12th 90000-10000

Hebei region phosphoric acid 85% industrial grade November 12th 11000-12000

Hubei region phosphoric acid 85% industrial grade November 12th 10000-11000

Shandong region phosphoric acid 85% industrial grade November 12th 10500-11500

Phosphate rock, the domestic phosphate rock market continued to run at a high level this week. The market in Guizhou is mainly organized and operated, and the quotations of mining enterprises are mostly maintained at a high level and strong. The quotations of 30% phosphate rock freight plants are around 630-660 yuan / ton, 28% phosphate rock freight plants are around 580-600 yuan / ton, and the platform prices of 22% grade phosphate ore are around 300-320 yuan / ton. The supply of some mining enterprises in Guizhou is still tight. They mainly supply orders from old customers and purchase on demand in the downstream, The overall performance of supply and demand is normal.

Yellow phosphorus, yellow phosphorus prices stopped falling and rebounded this week. At present, the market for yellow phosphorus is gradually increasing, and the supply is slightly tight. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 38000 yuan / ton; The mainstream quotation in Sichuan is about 40000 yuan / ton; The mainstream quotation in Guizhou is about 35000 yuan / ton. At present, the focus of the yellow phosphorus market is upward, the downstream goods are more active than before, and the trading volume has increased.

3、 Future forecast

The phosphoric acid analyst of the chemical branch of business society believes that at present, the raw material price rises slightly, the phosphoric acid market stops falling and becomes stable. The industry is cautious and expects to maintain a stable wait-and-see attitude in the short term.

According to the monitoring of business agency, the price index of domestic rare earth market remains high. Recently, the trend of domestic praseodymium neodymium rare earth market is relatively stable, and the price of heavy rare earth market drops slightly. On November 14, the rare earth index was 756 points, the same as yesterday, 24.40% lower than the highest point 1000 points in the cycle (2011-12-06), and 178.97% higher than the lowest point 271 points on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now).

Recently, the domestic light rare earth market price has maintained a high level. Recently, the price trend of mainstream praseodymium neodymium commodities in the rare earth market is mainly stable. In terms of products:

It can be clearly seen from the product price trend chart that the prices of domestic neodymium oxide, metal neodymium and praseodymium neodymium alloy increased slightly, the price of metal praseodymium decreased slightly, and the price trend of praseodymium neodymium oxide and praseodymium oxide was stable. As of November 15, the price of neodymium oxide in domestic rare earths was 817500 yuan / ton, up 0.31% this week; The price of praseodymium oxide is 840000 yuan / ton, and the price trend is stable this week; The price of praseodymium neodymium oxide is 785000 yuan / ton, and the price trend is temporarily stable this week; The price of praseodymium neodymium alloy is 952500 yuan / ton, with a price increase of 1.33% this week; The price of metal praseodymium was 1.08 million yuan / ton, down 0.92% this week; The price of neodymium is 990000 yuan / ton, and the price rose by 2.06% this week. The domestic light rare earth market is relatively stable, there is a strong wait-and-see mood, and the light rare earth market price remains at a high level.

The domestic rare earth market is fair, the supply and demand structure changes little, the demand for high-end magnetic materials is normal, the proportion of frequency conversion air conditioners in domestic household appliances continues to increase, the penetration rate of Nd-Fe-B continues to increase, and the demand is fair. In addition, the strong demand for permanent magnet and the rapid development of new energy industry have driven the development of many industries. The upstream material rare earth permanent magnet has also caught the “express” of new energy. The main rare earth raw materials of high-performance Nd-Fe-B are light rare earth praseodymium and neodymium oxide, heavy rare earth dysprosium oxide and terbium oxide, which are used in new energy vehicles, wind power, energy-saving frequency conversion air conditioning, traditional vehicles and other fields. The sales of new energy vehicles are normal. The demand for rare earths is high, and the price of rare earth oxides is maintained. When there is no lock order, the rare earth metal factory mainly focuses on wait-and-see and purchases cautiously. At the same time, the national environmental protection inspector is still continuing, the traditional peak demand season for rare earth is coming, superimposing the launch expectations of relevant policies of the rare earth industry, the supply and demand is expected to resonate with the policies, and the rare earth market continues to rise. In addition, the inventory of neodymium praseodymium oxide has been at a low level, the shipping willingness of the holders is low, and the rare earth price remains high. Finally, the shortage of rare earth supply continues. The supply of rare earth waste is also tight and the price is strong, and the price of praseodymium and neodymium oxide is upside down. With the arrival of the procurement cycle of magnetic material enterprises, the price of praseodymium neodymium system remains at a high level. According to statistics, the demand for new energy vehicles has increased. According to the data released by China Automobile Industry Association, in the first three quarters of 2021, the number of pure electric vehicles has increased by 1101000 year-on-year, and the number of plug-in hybrid vehicles has increased by 211000 year-on-year. The substitution effect on the fuel vehicle market is continuing. The demand for new energy is high in recent years, and the price of domestic light rare earth market remains high.

As can be seen from the trend chart, the price of dysprosium Series in China decreased slightly. As of the 15th, the price of dysprosium oxide was 2.975 million yuan / ton, down 1.16% this week; Dysprosium ferroalloy price was 2.96 million yuan / ton, down 1.0% this week; The price of dysprosium metal was 3.845 million yuan / ton, up 1.72% this week; Domestic terbium prices rose and fell. Domestic terbium oxide prices were 10.65 million yuan / ton and metal terbium prices were 14.4 million yuan / ton. The transaction situation in the domestic rare earth market is general. The leading magnetic material factory mainly purchases on demand. Recently, it has been cautious to wait and see. The resistance to high priced rare earth has increased, and the domestic heavy rare earth market price has declined slightly. At present, the rare earth supply in Myanmar is still not smooth, the supply disturbance has further aggravated, and the global rare earth supply is relatively concentrated. Myanmar is one of the production areas second only to China and the United States. Myanmar has a great impact on the products in the domestic heavy rare earth market, the domestic supply is tight, and the production reduction risk of separation enterprises using Myanmar mines in the south is increased. Affected by this, the domestic heavy rare earth supply is tight, and the market price of heavy rare earth has little decline.

In addition, with the support of national policies, Wang Jiangping, Vice Minister of the Ministry of industry and information technology, pointed out in early July that the regulations on the administration of rare earth will be introduced as soon as possible. We expect that the regulations will be introduced with a high probability within this year, and the national level legislation will regulate the high-quality development of the rare earth industry. Industry insiders believe that this reflects the strengthening of government control over the rare earth industry, which is conducive to the healthy development of the industry. Since 2021, the accelerated promulgation of the regulations on the administration of rare earth will, on the one hand, make the industry have laws to abide by and promote the rare earth industry chain to embark on the road of virtuous circle development; On the other hand, it reflects China’s determination to strictly control the supply order of rare earth and support the price of rare earth as an important strategic resource. The overall demand for rare earth products is acceptable, and the price of domestic rare earth market remains high.

With the sustainable development of new energy vehicles, wind power and variable frequency air conditioning in the downstream of rare earth, the demand continues. In addition, the domestic rare earth supply is still tight and the inventory continues to decline. The recent on-site transaction market is OK, but the downstream procurement is not active recently and the wait-and-see mood is strong. Chen Ling, a business analyst, expects that the market price of rare earth will continue to rise in the later period, There is room for a slight decline.

According to the monitoring data of business agency, from November 5 to November 12, the average market price of cyclohexanone in China fell from 11560 yuan / ton to 11400 yuan / ton, a decrease of 1.38% in the week, a month on month decrease of 10.66% and a year-on-year increase of 94.87%.

Cyclohexanone market is weak. The pure benzene market is stable and small, and the cost of cyclohexanone is stable. The downstream caprolactam supply tends to be more, the market price is weak, the demand for chemical fiber is weak, and the shipment of cyclohexanone is blocked. In addition, the caprolactam units of Haili Dafeng and Inner Mongolia Qinghua enterprises are parked, while cyclohexanone is exported, the market supply is abundant, the high price transaction is weak, and the transaction focus is narrow and low.

Summary of domestic cyclohexanone market as of November 15:

region ., Price

East China 10900-11100 yuan / ton cash delivery

South China 11400-11600 yuan / ton cash delivery

Shandong region 10800-10900 yuan / ton cash delivery

In terms of raw materials and pure benzene, the price of pure benzene fell. Raw crude oil and styrene in the main downstream fell broadly, which stimulated the negative impact on pure benzene. However, driven by the favorable expectation of its own supply and demand side, pure benzene shows strong resistance to decline, and the decline is far less than that of upstream and downstream products.

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

In terms of caprolactam unit, the supply of caprolactam tends to be abundant, the supply is expected to increase, or the external recovery of cyclohexanone by chemical fiber is limited.

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

Cyclohexanone is in a situation of oversupply in the short term. Cyclohexanone analysts of business society expect that cyclohexanone fluctuates horizontally in the short term.

According to the monitoring data of business society, since November, the price of hydrogen peroxide has been falling continuously, and it is still in the falling channel. From 1106 yuan / ton to 943 yuan / ton on November 2, a decrease of 14.76%.

According to the weekly rise and fall chart of hydrogen peroxide of business society from August 16, 2021 to November 7, 2021, it can be seen that the hydrogen peroxide market has been stable since mid August 2021, with a weekly rise and fall of. Since September, the hydrogen peroxide market has warmed up and opened the road of rise, with an increase of 3.94% in the current month. After 11, hydrogen peroxide ushered in a sharp rise, rising continuously until October 19. In the long and short game, the hydrogen peroxide market rose sharply and fell sharply. In the week at the end of October, the hydrogen peroxide price fell 14.05%. At the beginning of November, the price of hydrogen peroxide continued to decline, with a decline of more than 8% in the first week.

Bearish hydrogen peroxide led to open the crash mode

Since November, hydrogen peroxide continued to decline, mainly due to the impact of power restriction policy on the terminal, the printing operation rate of terminal paper industry decreased, the demand for hydrogen peroxide decreased, the market transaction became weaker, the hydrogen peroxide manufacturers lacked confidence in supporting the price, and the price continued to fall, from 1100 yuan / ton to 860 yuan / ton, with the price falling by more than 200 yuan / ton.

On November 12, the price of hydrogen peroxide in some regions was as follows:

The quotation of hydrogen peroxide of Luxi Chemical is 860 yuan / ton, which is 60 yuan / ton lower than that in early November; Hebei Zhengyuan hydrogen peroxide quoted 900 yuan / ton, down 130 yuan / ton from the beginning of November; The quotation of hydrogen peroxide of Anhui Quansheng chemical is 1150 yuan / ton, which is 300 yuan / ton lower than that in early November.

Li Bing, hydrogen peroxide analyst of business society, believes that the negative factors are still there, and the hydrogen peroxide price will weaken in the future.

1、 Price trend

According to commodity data monitoring, isopropanol prices fell this week. At the beginning of this week, the average price of domestic isopropanol was 8033.33 yuan / ton, and at the end of this week, the average price was 7966.67 yuan / ton. During the week, the price decreased by 0.83%.

2、 Market analysis

Figure: comparison of price trend of acetone and isopropanol from August to October

Isopropanol prices fell this week. At present, the overall market trading atmosphere is light, the confidence of the industry is insufficient, the traders maintain a wait-and-see state, there are few downstream inquiries, the shipment is slow, and the price drops. Up to now, most quotations of Shandong isopropanol are about 7800-7900 yuan / ton; Most quotation ranges of Jiangsu isopropanol are about 8000 yuan / ton; Most quotations of isopropanol in Zhejiang are about 8000 yuan / ton. Internationally, on November 3, isopropanol in the United States closed stable and isopropanol market in Europe closed up.

In terms of raw material acetone, the domestic acetone market price has been lowered. At present, the raw material end trading is cold and weak. The whole bulk chemical market has an obvious decline, the cost support is weak, the mentality of the shippers is under pressure, and the shipping intention is enhanced. However, the pace of replenishment of the terminal into the market is blocked, and the volume of firm offer transactions is limited. The business community expects the acetone market to adjust weakly in the short term. According to the monitoring of bulk commodity data, the average price of domestic acetone was 6475 yuan / ton at the beginning of this week and 6275 yuan / ton at the end of this week. The price decreased by 3.09% during the week.

In terms of raw propylene, according to the bulk list data of business society, the market price of domestic propylene (Shandong) maintained a downward trend this week. At the beginning of the week, the market was 8175 yuan / ton, and the average price at the weekend was 7717 yuan / ton, a decrease of 4.89%. After the golden nine silver ten, the chemical product market began to fall. In the face of the double negative impact, it is expected that the recent trend of propylene will continue to fluctuate and decline.

3、 Future forecast

The isopropanol analyst of the chemical branch of business society believes that the focus of the domestic isopropanol market is downward. The prices of raw materials acetone and propylene have been lowered one after another, and the support of raw materials for isopropanol is weak. At present, the trading atmosphere in the market is poor, the overall transaction is relatively cold, the confidence of the industry is insufficient, more bearish, traders remain on the sidelines, less downstream inquiries and slow shipment. It is expected that the price of isopropanol will continue to tilt downward in the short term.

According to the price monitoring of business agency, the domestic PTA market continued to pick up slightly today (November 9). The average price in the spot market was 5031 yuan / ton, up 0.16% from the previous day and 61.31% year-on-year. PTA futures 2201 closed at 5078, up 28, or 0.55%.

In terms of units, Hengli Dalian 2.2 million tons began maintenance for about 20 days on November 5, Honggang Petrochemical’s 1.5 million tons unit is planned to restart in mid November, Baihong 2.5 million tons unit is planned to start maintenance for three weeks on December 1, and Ineos 1.1 million tons unit is planned to be repaired for two weeks at the end of December. At present, the operating rate of the industry is maintained at more than 79%.

The global economy continues to recover to support energy demand, and the supply performance is insufficient. The international crude oil price still runs at a high level. On November 8, the settlement price of the main contract of WTI crude oil futures in the United States was US $81.93/barrel, and the settlement price of the main contract of Brent crude oil futures was US $83.43/barrel.

The polyester Market in the downstream Jiangsu and Zhejiang regions is flat, the market wait-and-see mood is obvious, and some factories have procurement actions. There are not many new orders, and the early order production is maintained, and the industrial operating rate is reduced to less than 80%. From the aspects of texturing and weaving, the policy power restriction in Jiangsu and Zhejiang has been relaxed month on month, and the operating rate will moderately rise by more than 65%, but it is still difficult to return to the previous high.

Business analysts believe that although the current wait-and-see atmosphere of downstream factories has increased and the procurement enthusiasm is not high, PTA spot is sufficient. However, boosted by the favorable cost side, the maintenance expectation of PTA device and the impact of weather on northern port logistics, the short-term PTA price will maintain a narrow rise.