Price trend:

According to the data of the bulk list of the business community, the domestic ABS market fell in May, and the spot prices of various brands decreased. As of May 31, the average price of general-purpose ABS mainstream offer was about 13350 yuan / ton, up or down -5.99% compared with the price level at the beginning of the month.

Factor analysis:

Industrial chain: in terms of raw material styrene, the mainstream price of styrene in Shandong rose in May. The monthly low was 9733.33 yuan / ton at the beginning of the month, and the highest was 10262.50 yuan / ton on May 22, an increase of 5.44%. At present, the output of domestic styrene factories is at a relatively low level, which is lower than that of the same period last year. The tradable inventory at the port is also not large. The overall inventory of styrene is relatively ideal, and the price fluctuates higher. The international crude oil price is expected to rise, but the downstream demand is difficult to increase significantly in the short term. It is recommended to pay close attention to the cost side.

At the beginning of May, the price of acrylonitrile was strong, the overhaul of some enterprises was completed, the number of domestic resumption and start-up enterprises gradually increased, and the supply side gradually increased, causing the price focus of acrylonitrile to drop in the middle and late ten days. On the demand side, it tends to be lagging and weak. There is a contradiction between supply and demand in the market. In addition, the impact of health events on transportation is still ongoing. The downstream demand performance is average. The ex factory spot price is subject to multiple pressures, or will continue to fall.

At the beginning of May, the butadiene market experienced a period of downturn and consolidation. As major domestic manufacturers raised their ex factory prices and domestic sources of goods actively exported, the export prices were strong, which significantly boosted the domestic spot prices. Near the end of the month, with some units shut down for maintenance, the inventory continued to decline, the profit of synthetic rubber was under pressure, and the operating rate decreased. Butadiene analysts of business agency predict that the butadiene market may continue to rise.

In May, the upstream three materials of ABS cost side rose and fell, and the overall support was acceptable. In terms of industry load, the current operating rate of ABS enterprises is at a high level, which has increased this month compared with last month. In the middle and late days of the year, due to inventory and capital pressure, individual polymerization plants have reduced their burden independently, but the effect of reducing pressure on the supply side is not obvious. The manufacturer’s mentality has weakened and the factory price has been lowered. China’s health incidents still have a great impact on some parts of East China. The logistics and production are affected, which depresses a certain demand. The goods are not transported smoothly in the yard, and the offer falls. The tension in Eastern Europe, Russia and Ukraine remained unchanged, causing crude oil to rise in shock. However, the transmission effect of price to ABS industrial chain is general, and the market divergence is large. The current market is mainly bad for the contraction of downstream demand.

Future forecast:

According to the analysts of the business agency, the spot market of ABS fell in May, and the overall trend of the three upstream materials was acceptable, which supported the cost side of ABS. Domestic spot supply is abundant and demand follow-up is poor. This month, the load of downstream household appliances and other industries fell, adding to the impact of transportation obstruction. The operators have poor confidence in the future market. It is expected that the ABS spot market will continue to be weak in the short term.

1、 Price trend

According to the data monitored by the business agency (the average ex factory price of carbide SG5), the average price of domestic PVC mainstream was 8446.25 yuan / ton on May 31, down 2.63% from 8700 yuan / ton at the beginning of the month and 7.42% compared with the same period last year.

2、 Market analysis

In May, the PVC market fluctuated weakly, the downstream demand was less than expected, the real estate demand was not released enough, and the public health events in various parts of the country were still severe. The downstream product industry was limited to start-up, and the purchase of gas was insufficient. The PVC price weakened, falling by 2.63% in the month. With the return of the May Day holiday, the disk is running stronger. In addition, the price of raw calcium carbide has increased, and the cost support has increased. PVC futures and spot prices have risen hand in hand. From the middle of the year, the price of raw calcium carbide has decreased, and the cost support has decreased. In addition, exports have weakened, and the demand side has continued to weaken, further aggravating the downward trend of PVC. Towards the end of the month, PVC maintenance enterprises are concentrated, and the operating rate has declined, PVC prices rebounded slightly, but it is difficult to see a big rise. By the end of the month, the price of raw calcium carbide was around 4400 yuan / ton, and the quotation range of domestic pvc5 calcium carbide enterprises was mostly around 8250-8550 yuan / ton. At present, CFR China is down 10 to US $1190 / ton, CFR Southeast Asia is down 10 to US $1285 / ton, and CFR India is down 30 to US $1370 / ton.

It can be seen from the weekly increase and decrease from March 7, 2022 to May 29, 2022 that domestic PVC rose and fell in the cycle. The maximum increase was in the week of March 7 and the maximum decrease was in the week of May 23. The overall fluctuation in the near future is small.

As for international crude oil, the price of crude oil fluctuated and rose in May, the EU oil ban on sanctions against Russia was delayed, and the expectation of tight supply remained unchanged. With the arrival of summer driving season in the United States, demand is expected to improve, and supply and demand fundamentals are still good for oil prices. OPEC will adhere to the oil production agreement reached last year at the meeting on June 2, increasing the daily output by 432000 barrels in July, rejecting Western calls for faster production increase to reduce soaring oil prices. As the epidemic situation in Asia gradually eases, demand expectations tend to improve.

Ethylene, the external market of ethylene fell in May. The ethylene market price in Asia fell. As of the 27th, CFR Northeast Asia closed at US $1046-1056 / ton, and CFR Southeast Asia closed at US $1146-1156 / ton. The market price of ethylene in Europe fell sharply. As of the 27th, FD northwest Europe closed at US $1635-1647 / ton and CIF northwest Europe closed at US $1394-1403 / ton. The price of ethylene in the United States rose violently. As of the 27th, the price was 647-664 yuan / ton. In May, except for the slight rise in the United States, the price of ethylene in the outer market basically fell. The market transaction was poor and the price continued to fall..

Calcium carbide, the ex factory price of calcium carbide in Northwest China rose slightly this month. This month, the average ex factory price of mainstream calcium carbide manufacturers in Northwest China rose from 3983.33 yuan / ton at the beginning of the month to 4366.67 yuan / ton at the end of the month, an increase of 9.62%, a year-on-year decrease of 1.13% compared with the same period last year. In the aftermarket, it is predicted that the price of calcium carbide in Northwest China may fluctuate slightly in the middle and early June, mainly for consolidation.

3、 Aftermarket forecast

PVC analysts of the business club believe that, as the Dragon Boat Festival approaches, the market is stronger, the current price of PVC is rising, the market transaction atmosphere is getting better, and it will rise steadily in the short term. However, it is about to enter the traditional off-season, and the price may not rise sharply.

1、 Price trend

As can be seen from the above figure, the domestic market price of imported potassium chloride rose slightly this month, from 5166.67 yuan / ton at the beginning of the month to 5366.67 yuan / ton at the end of the month, an increase of 3.87%. The factory price of domestic potassium chloride rose slightly. In this month, the ex factory price of potassium chloride in domestic salt lakes rose from about 3500.00 yuan / ton at the beginning of the month to 3980.00 yuan / ton at the end of the month, an increase of 13.71%. On May 30, the potassium chloride (import) commodity index was 141.23, unchanged from yesterday, hitting a record high in the cycle, up 46.03% from the lowest point of 96.71 on September 16, 2021. (Note: the period refers to the period from September 1, 2021 to now)

2、 Market analysis

The quotation of mainstream domestic potassium chloride manufacturers increased slightly this month: the ex factory quotation of Qinghai Salt Lake potassium chloride at the end of the month was about 3980 yuan / ton, an increase of 480 yuan / ton compared with the beginning of the month, mainly contract. Youde Shi offered 5300 yuan / ton of potassium chloride at the end of this month, an increase of 200 yuan / ton compared with the beginning of this month. Zibo Dehe offered 5500 yuan / ton of potassium chloride at the end of this month, up 100 yuan / ton compared with the beginning of this month. Anhui Badou offered 5300 yuan / ton of potassium chloride at the end of this month, an increase of 300 yuan / ton compared with the beginning of this month. The self raised price of 62% white potassium at the port is about 5300 yuan / ton, that of 60% Dahong granules at the port is about 5200 yuan / ton, that of 62% Russian White potassium at the border trade is about 4900-5000 yuan / ton, and that of 60% white potassium in Qinghai is about 4380-5000 yuan / ton.

From the downstream market of potassium chloride, the ex factory price of potassium carbonate rose slightly this month, from 9083.33 yuan / ton at the beginning of the month to 9725.00 yuan / ton at the end of the month, an increase of 7.06%, up 44.72% year-on-year compared with the same period last year. The ex factory price of potassium nitrate rose slightly this month, from 7083.33 yuan / ton at the beginning of the month to 7550.00 yuan / ton at the end of the month, an increase of 6.59%, an increase of 66.30% over the same period last year. Overall, the downstream market of potassium chloride rose slightly, and the downstream demand for potassium chloride was good.

3、 Aftermarket forecast

Potassium chloride market trend or high-level consolidation in the middle and early June. The price of potassium chloride in Salt Lake and zangge is stable and continues to increase, but the market supply is still limited and tight. Agricultural demand is weakened, industrial demand is normal, and just need to purchase. The international potash fertilizer market is supported by a high level, and it is unlikely that potassium chloride will fall.

1、 Price trend

According to the bulk data monitoring of the business agency, as of May 30, the average price of refrigerant R22 was 17500 yuan / ton, a decrease of 0.94% compared with the price of 17666.67 yuan / ton at the beginning of the month, and an increase of 3.17% compared with the same period last year

According to the bulk data monitoring of the business agency, as of May 30, the average price of refrigerant R134a was 21000 yuan / ton, down 13.1% from 24166.67 yuan / ton at the beginning of the month and 8.43% compared with the same period last year

2、 Market analysis

In May, the price of refrigerant R22 fluctuated slightly. The price of raw material chloroform continued to fall within the month, with a decline of about 35%. The cost support fell, and the demand was still not high. The production and sales of air conditioners were average, and the refrigerant enterprises had some difficulties in shipping. The price of R22 fell steadily. At present, the price of raw hydrofluoric acid is mostly 11730 yuan / ton, the price of chloroform is about 3575 yuan / ton, and the market price of R22 is mostly in the range of 16000-18000 yuan / ton. The quotation in Shandong is about 17000-17500 yuan / ton, that in Zhejiang is about 17000-17500 yuan / ton, that in Hunan is about 16000-16500 yuan / ton, and that in Guangzhou is about 18000 yuan / ton.

In May, the refrigerant R134a market fell sharply, and the market focus shifted downward. The price of the raw material hydrofluoric acid fluctuated little, the price of trichloroethylene fell sharply, the cost support decreased sharply, and due to the impact of domestic public health events, the downstream automobile production and sales were general, the demand was poor, the market transaction was still flat, the enterprise mainly reduced the price and arranged the warehouse, and the actual transaction was lower than the offer. Up to now, the price of raw hydrofluoric acid is about 11730 yuan / ton. The market quotation of R134a is mostly in the range of 18000-25000 yuan / ton, and the actual transaction is lower than the offer. The quotation in Shandong is about 18500-26000 yuan / ton, that in Zhejiang is about 19000-25000 yuan / ton, that in Hunan is about 18000-18500 yuan / ton, and that in Guangzhou is about 24000 yuan / ton.

In terms of raw materials, the price trend of domestic hydrofluoric acid rose slightly in May. As of the end of the month, the mainstream price negotiated by various regions of domestic hydrofluoric acid was 11100-11500 yuan / ton. The prices of some manufacturers were higher than the market price. The actual transaction prices on the floor this week mainly rose. Recently, the domestic spot supply of hydrofluoric acid decreased, but the downstream acceptance was not high, and the market price of hydrofluoric acid rose slightly.

3、 Aftermarket forecast

According to the refrigerant analysts of the business agency, the cost demand in May continued to remain in a state of “double weakness”. The refrigerant enterprises’ shipment was under pressure, and the inventory was under certain pressure. It was not easy to have an obvious inflection point in the short term. It was also necessary to pay attention to the downstream demand and foreign trade.

Domestic p-xylene price trend:

It can be seen from the p-xylene trend chart that the price trend of this week was temporarily stable. As of the end of the week, the domestic ex factory price of p-xylene was 9900 yuan / ton, unchanged from the price of 9900 yuan / ton at the beginning of the week, with a year-on-year increase of 54.69%.

Recently, the domestic paraxylene supply is normal, the domestic PX operating rate is about 70%, Sinochem Hongrun Petrochemical 600000 ton unit operates stably, Yangzi petrochemical unit operates stably, Pengzhou petrochemical unit operates stably, Yangzi Petrochemical PX unit operates normally, Jinling Petrochemical unit operates stably, Qingdao Lidong unit operates at full load, Qilu Petrochemical Unit operates stably, and Urumqi petrochemical unit starts at about 50%, Domestic p-xylene supply is relatively normal, but the supply of overseas units is reduced. This week, the crude oil price rises, and the domestic p-xylene price remains high. Affected by the higher closing price of international crude oil, the PX external price rose slightly. As of the 26th, the closing price in Asia was $1286-1288 / T FOB Korea and $1304-1306 / T CFR China. Recently, the operating rate of PX devices in Asia has remained low. A PX device in South Korea was shut down unexpectedly, resulting in a production capacity of 1.79 million tons. This accident led to a significant reduction in the source of imported goods. In addition, the export of PX sources in Asia to Europe and the United States increased, and the export of PX to China decreased, The closing price of PX rose, and the domestic paraxylene market price remained high.

The crude oil price trend rose as a whole this week. The settlement price of the main contract of WTI crude oil futures in the United States was $114.09/barrel, and the settlement price of the main contract of Brent crude oil futures was $114.17/barrel. The European Union’s oil ban on sanctions against Russia has been delayed, and the expectation of tight supply remains unchanged. With the arrival of summer driving season in the United States, demand is expected to improve, supply and demand fundamentals are still good for oil prices, oil prices are supported upward, and the domestic paraxylene market price trend is temporarily stable due to the rise of crude oil prices.

The downstream PTA market price rose slightly this week. As of the 27th, the average PTA market price was 6800-6900 yuan / ton. PTA market closely followed the trend of crude oil. In the early stage, driven by the rise of crude oil price, PTA price rose. In terms of self supply, PTA operation rate is about 68%. Under the guidance of buying up sentiment, the downstream market made up an appropriate amount of positions, and the polyester start-up also increased to around 78%. In terms of prices, affected by the boost of raw materials in May, the prices of downstream polyester factories rose by 5-8%. In Jiangsu and Zhejiang provinces, the startup rate of looms has rebounded significantly due to the warmer orders. Especially in Xiaoshao, Haining, Changshu and other places, the factory’s order receiving rate improved moderately, which was better than that in April. However, at present, some domestic trade orders are improving, while foreign trade orders are still not improving. There is a strong wait-and-see mood in the terminal textile market, and the purchase is cautious. The domestic paraxylene market price remains high.

Chen Ling, PX analyst of business club, believes that the current crude oil price trend is rising, the cost side is still supporting, the downstream operation of the terminal is not high, and the overall demand side is normal. However, the supply of imported paraxylene is relatively tight. In general, it is expected that the market price of paraxylene may rise slightly in the later period.

According to the monitoring data of business agency, from May 13 to 20, the average market price of cyclohexanone in China rose from 11750 yuan / ton to 11766 yuan / ton, with an increase of 0.14% in the week, 5.06% month on month and 6.01% year-on-year.

The domestic cyclohexanone market was at a high level this week. The raw material pure benzene rose at a high level. Sinopec pure benzene was listed for three times and increased by 350 yuan / ton to 9300 yuan / ton. The cost rose strongly, and the cost pressure of cyclohexanone increased. Downstream caprolactam rose passively, but the overall load was low and at a loss, the enthusiasm for outward mining was weak, and the delivery of cyclohexanone was not smooth. Under the pressure of cost, the market maintained a firm operation.

Summary of domestic cyclohexanone market as of May 20:

region ., Price

East China 11900-12000 yuan / ton cash delivery

South China, 12000-12100 yuan / ton cash delivery

Shandong Province, 11700-11800 yuan / ton cash delivery

Raw material pure benzene: the price of pure benzene rose in the period, and the price difference between East China and Shandong widened. The spot transaction in East China was 9100-9350 yuan / ton, and that in Shandong was 8600-8900 yuan / ton.

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

Downstream caprolactam: caprolactam market continues to rise. Recently, caprolactam is mainly dominated by cost. The price of upstream pure benzene has risen continuously. Sinopec’s pure benzene has been listed and risen to 9300 yuan / ton. The cost pressure of caprolactam has intensified.

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

In a short time, the supply and demand of cyclohexanone is weak, and cyclohexanone is still dominated by cost. The cyclohexanone analyst of business agency predicted that the cyclohexanone would be consolidated at a high level in the short term.

1、 Price trend

According to the bulk data monitoring of business society, as of May 20, the average price of refrigerant R22 was 17500 yuan / ton, down 1.5% from the beginning of the week and up 5.42% from the same period last year

According to the bulk data monitoring of business society, as of May 20, the average price of refrigerant R134a was 21500 yuan / ton, down 5.15% from the beginning of the week and 4.87% from the same period last year

2、 Market analysis

During the week, the price of refrigerant R22 fell slightly, the price of raw material chloroform continued to fall, the cost support became weaker, and the market supply increased. At the same time, the demand did not increase. Under the bad conditions of many parties, the price of R22 fell steadily. At present, the price of raw material hydrofluoric acid is mostly 11730 yuan / ton, the price of chloroform is about 4137 yuan / ton, and the market quotation of R22 is mostly in the range of 17000-18000 yuan / ton. The quotation in Shandong is about 17000-17500 yuan / ton, that in Zhejiang is about 17000-17500 yuan / ton, that in Hunan is about 17500-18000 yuan / ton, and that in Guangzhou is about 18000 yuan / ton.

Recently, the refrigerant R134a market has fallen sharply, the enterprise quotation has fallen frequently, falling below 20000 yuan, and the market focus has shifted downward. The price of raw material hydrofluoric acid fluctuated little, the price of trichloroethylene fell sharply, the cost support decreased sharply, and the market transaction was still flat, the logistics had not been fully recovered, the enterprise mainly reduced the price and arranged the warehouse, and the actual transaction was lower than the offer. Up to now, the price of raw hydrofluoric acid is about 11730 yuan / ton. The market quotation of R134a is mostly in the range of 19000-25000 yuan / ton, and the actual transaction is lower than the offer. The quotation in Zhejiang is about 19000-25000 yuan / ton, that in Hunan is about 22000-22500 yuan / ton, and that in Guangzhou is about 24000 yuan / ton.

In terms of raw materials, the price trend of domestic hydrofluoric acid rose slightly this week. Up to now, the mainstream price negotiated by various regions of domestic hydrofluoric acid is 11200-11500 yuan / ton, and the quotation of some manufacturers is higher than the market price. The actual transaction price on the floor this week is mainly rising. Recently, the domestic spot supply of hydrofluoric acid is normal, and the market price trend of hydrofluoric acid is rising.

3、 Future forecast

Refrigerant analysts of business society believe that the supporting force of the cost side is declining, coupled with the decline of automobile production and sales, the demand for air conditioning is also general, the cost demand is weak, and the logistics is still limited. R22 and R134a are expected to continue to decline.

This week (may 16-20), the domestic liquid ammonia market fell steadily. Shandong, Shanxi, Hebei, Henan and Hubei have declined to varying degrees. The cumulative weekly decline is 100-200 yuan / ton. The market supply has changed and the ammonia supply has increased. However, the demand for chemical fertilizer in the downstream is weak, and the resistance to high prices suppresses some rigid demand. Lower downstream prices, terminal prices have also been lower. According to the monitoring of business agency, as of May 20, the weekly decline of liquid ammonia in Shandong is 2.37%, and the mainstream quotation range at the weekend is 5000-5200 yuan / ton.

Supply side

On the supply side, this week, the overall ammonia release in many domestic places increased slightly compared with the previous week, and the overall supply pressure increased. Previously, due to the high price of urea in the downstream, the majority of urea was transferred to the downstream, and the amount of ammonia decreased. However, the ammonia price has rebounded recently, and the amount of ammonia released by enterprises has increased significantly. Therefore, the overall supply of liquid ammonia surged, and the short-term surge in supply led to some excess.

Cost side

The upstream coal market is affected by the regulation policy, and the price maintains the previous level. At present, the profits of downstream methanol and liquid ammonia manufacturers are generally boosted. Natural gas prices also fell, easing the cost pressure of gas head enterprises. According to the monitoring of business agency, LNG fell by 1.50% this week.

Demand side

From the terminal point of view, the downstream demand for liquid ammonia remained rigid, the high price of urea remained stable, and the rise of ammonium nitrate, ammonium chloride and other products stopped and slowed down. Agricultural demand followed up on demand and industrial demand slowed down. The agricultural demand in Xinjiang, Jiangsu and Anhui is good, and follow-up is mainly on demand. The wait-and-see atmosphere of compound fertilizer enterprises towards high price urea is becoming stronger, the procurement slows down, the plate factory purchases on demand, the price of melamine decreases slightly, and the enthusiasm for urea procurement is weakened. From the perspective of supply: the daily output of urea this week is about 150000 tons, slightly lower than that of last week, and the urea inventory is at a low level. Internationally: Pakistan may seek China’s urea assistance again and plans to purchase 200000 tons. Various factors continue to drive up the price of urea. The policy of ensuring supply and price stability remains unchanged.

From the above figure, the price comparison chart of urea and liquid ammonia shows that the trend of liquid ammonia and urea is basically the same. Recently, the price of liquid ammonia has fallen significantly, deeper than that of urea, and the price difference between them has widened. However, it is still at a reasonable level.

From the above figure and the liquid ammonia industry chain diagram, at present, the profits of the liquid ammonia industry chain continue to improve, the natural gas price in the upstream of the gas head falls, the coal price is affected by the policy, and the price remains weak, which is conducive to alleviating the downstream cost pressure. The middle and lower reaches are also mostly rising, with the increase of enterprise profits, and the profits of liquid ammonia, urea and compound fertilizer are significantly higher than those in the early stage.

Future forecast

The business society believes that at present, the supply and demand pattern of the domestic liquid ammonia market has changed, resulting in the transformation of the previous oversupply and oversupply. This pattern is difficult to change in the short term, so the price of liquid ammonia may still have room to fall. However, considering the high price of urea and the rising market, it will also support the price of ammonia. Comprehensively, the ammonia market may continue to fall, but the space should be treated with caution.

Price trend

According to the bulk list data of business society, the domestic POM market fell last week, and the spot prices of various brands fell to a certain extent. As of May 23, the ex factory price reference offer of POM injection molding sample enterprises of business society was about 21200 yuan / ton, up or down – 3.78% compared with the average price at the beginning of the month.

Cause analysis

Industrial chain: upstream, the market price of formaldehyde in Shandong fluctuated and fell last week. Recently, the demand of wood board factories is poor. In order to ship goods, manufacturers in Linyi took the initiative to lower the quotation. The market transaction is poor and the market is weak.

The upstream formaldehyde Market weakened and POM cost side support weakened. In terms of industry load, at this stage, domestic POM enterprises have less maintenance capacity, high industry operating rate, market supply has changed the compact pattern in the early stage, and there are abundant spot goods in the field at present. The inventory of terminal enterprises still needs to be digested, and the demand continues to be weak. Buyers are more resistant to high price sources. They are cautious in preparing goods, and the operation is biased towards bargain hunting to maintain production. The market is dominated by the decline of small newspapers and the market mentality is not strong. Domestic health incidents still affect the logistics and transportation in East China, and some demand is affected.

Future forecast

Business analysts believe that the domestic POM market fell last week, the upstream formaldehyde Market weakened, and the cost support of POM weakened. The POM industry has a high load and abundant on-site supply. The consumption of downstream enterprises is weak, and there is no large-scale replenishment in procurement. The market supply is reduced, and the demand follow-up is not timely. It is expected that the POM price may continue to adjust downward in the short term.

1、 Price trend

According to commodity data monitoring, isopropanol prices fell slightly this week. The average price of domestic isopropanol was 7112.5 yuan / ton last Friday and 7100 yuan / ton this Friday. The price fell by 0.18% during the week.

2、 Market analysis

Figure: comparison chart of price trend of acetone and isopropanol from November to January

The domestic isopropanol market fell slightly this week. At present, the orders of isopropanol manufacturers are still mainly for export. Domestic market transactions remain deserted. Downstream enquiries are general, stay on the sidelines and take the goods carefully. Up to now, most quotations of Shandong isopropanol are about 6900-7000 yuan / ton; Most of the quotation range of Jiangsu isopropanol is about 7200 yuan / ton; Most quotations of isopropanol in Zhejiang are about 7200 yuan / ton. Internationally, on May 17, isopropanol in the United States closed stable and isopropanol market in Europe closed down.

In terms of raw material acetone, the price of isopropanol fell this week. The average price of domestic acetone was 5880 yuan / ton last Friday and 5800 yuan / ton this Friday. The price fell by 1.36% during the week. The on-site trading is general. The acetone price is relatively deadlocked this week, with a slight decline. The business society expects the acetone market to be strong in the short term.

In terms of raw propylene, the price of propylene (Shandong) accelerated this week, and the price was temporarily stable at the beginning of the week. It showed a significant decline on Friday, with an average reduction of 150 yuan / ton. The raw material cost fluctuated and the support was acceptable. The supply of propylene in the market has increased, the market demand is dominated by rigid demand, and the price is growing and falling rapidly. The overall purchase of downstream enterprises is still more cautious, focusing on maintaining production. Propylene analysts at the chemical branch of business agency believe that if the cost side remains in a narrow range, it is expected that the recent low-level consolidation of propylene market will be the main trend.

3、 Future forecast

The isopropanol analyst of the chemical branch of business society believes that at present, the domestic factories are mainly export orders, and the domestic isopropanol market demand is general. The prices of raw materials acetone and propylene fell one after another, the support of raw materials was weak, and the market confidence was insufficient. It is expected that the market price of isopropanol will be stable in the short term.