From July 5 to July 9, 2021, the market price of antimony ingot in East China was temporarily stable, with a price of 55000 yuan / ton at the beginning of the week and 58000 yuan / ton at the end of the week, an increase of 5.45%.

The antimony commodity index on July 11 was 80.74, flat with yesterday, down 21.09% from 102.32 (2012-10-16), the highest point in the cycle, and up 71.86% from 46.98, the lowest point on December 24, 2015（ Note: period refers to the period from September 8, 2012 to now).

This week, antimony ingot market price is stable and upward, manufacturers pricing mentality is strong, this week’s market shipment has a small improvement, but the overall is still low. There is a certain reserve demand in the downstream, which supports the strong price trend of antimony ingot.

According to the price monitoring of the business community, in the list of commodity prices in the 27th week of 2021 (7.5-7.9), there were 16 kinds of commodities in the nonferrous metal sector that rose month on month, of which 4 kinds of commodities increased by more than 5%, accounting for 18.2% of the number of commodities monitored in the sector; The top three commodities were praseodymium neodymium oxide (8.54%), praseodymium neodymium alloy (8.20%) and neodymium oxide (6.17%). There were 5 kinds of commodities that declined on a month on month basis, and the top 3 products were titanium concentrate (- 2.29%), silver (- 2.02%) and aluminum (- 1.26%). This week, the average rise or fall was 1.61%, and most of the nonferrous metal market prices rose.

As of July 12, the domestic market of antimony ingot is 54500 yuan / ton for 2, 59000 yuan / ton for 1 and 60000 yuan / ton for 0.

Antimony ingot manufacturers have a strong intention to raise prices. It is expected that antimony ingot prices will fluctuate and strengthen in the future. At present, the lower reaches have a strong wait-and-see mentality, and the purchase is mostly on demand.

Domestic price trend:

From the trend chart of p-xylene, it can be seen that the price of p-xylene was temporarily stable this week. By the end of the week, the domestic ex factory price of p-xylene was 7100 yuan / ton, which was the same as that at the beginning of the week, with a year-on-year increase of 47.92%. The price trend of domestic PX market was temporarily stable this week.

In recent years, the domestic supply of p-xylene is normal, and the domestic PX operating rate is more than 60%. The 600000 ton unit of Sinopec Hongrun Petrochemical Co., Ltd. operates stably, the Yangzi petrochemical unit operates stably, the Pengzhou petrochemical unit operates stably, the Yangzi Petrochemical PX unit operates normally, the Jinling Petrochemical Unit operates stably, the Qingdao Lidong unit operates at full load, and the Qilu petrochemical unit operates stably, The start-up of Urumqi petrochemical plant is about 50%, and the domestic supply of p-xylene is general. However, some overseas plants are still under maintenance, and the domestic price of p-xylene remains high due to the impact. Recently, the closing price of international crude oil has declined, and the trend of PX external price has remained high. As of the 8th, the closing price of Asian region is 892-894 US dollars / ton FOB Korea and 910-912 US dollars / ton CFR China. In recent years, the operating rate of PX unit in Asia has not changed much. As a whole, the operating rate of PX unit in Asian region is more than 60%, the supply of PX in Asian region is general, and the PX external price has remained high, The price trend of domestic p-xylene market is temporarily stable.

Crude oil prices fell this week. The settlement price of the main contract in the US WTI crude oil futures market was at US $72.94/barrel, while the settlement price of the main contract in the Brent crude oil futures market was at US $74.12/barrel. Previously, affected by the stranding of OPEC negotiations, oil prices fell for two consecutive days, with a significant decline. The rebound on Thursday was mainly supported by the US Energy Information Administration (EIA) commercial crude oil inventory data, which showed that US crude oil and gasoline inventories fell more than expected last week. Crude oil prices fell slightly this week, which was bad for domestic petrochemical prices, and the price trend of p-xylene was temporarily stable.

This week, the price trend of PTA Market in the lower reaches declined. As of the 9th, the average price of PTA market was 4950-5000 yuan / ton, with a decrease of 4.18% this week. International crude oil prices have declined, and the role of cost support has weakened. The PTA plant has been running stably in the near future, and the supply side has performed normally. This week, the PTA operation rate is about 81.5%. The PTA delivery situation is general, and the on-site delivery situation is general. However, the pressure of new production capacity is still huge, and the price is lack of action on the trend. Polyester production and marketing has little change, the international epidemic has been controlled to a certain extent, but the follow-up orders of the textile industry are weak. The profits of domestic textile industry are concentrated in the spinning process. The lower reaches of the textile industry do not have a high acceptance of the fabric price rise, and the price transmission is not smooth. There is still downward pressure on the yarn price, which may further affect the price performance of the raw material end. Recently, the domestic PTA market price was affected by crude oil, the price fell, the downstream market was general, and the price trend of p-xylene market was temporarily stable.

Business community PX analyst Chen Ling believes that the current cost performance is general, short-term crude oil prices fluctuate high, coupled with the downstream PTA and textile market trend has risen, it is expected that the market price of p-xylene will remain stable in the future.

The prices of some domestic suppliers have been raised, and the business offers are firm, so it is difficult to find low-cost goods in the market. According to the sample data monitored by the business community, as of July 6, the domestic butadiene market price was 8962 yuan / ton, with a month on month increase of 17.99%, and a year-on-year increase of 158.03%. In terms of price, the delivery price in central Shandong is about 9550-9600 yuan / ton; The self provided price of East China is 9100-9300 yuan / ton.

The domestic butadiene market rose slightly, the prices of some suppliers increased, and the downstream construction began to recover gradually, which supported the middleman’s offer to keep up with the rise, making it difficult to find low-cost goods in the market.

In terms of enterprises, Liaoyang Petrochemical’s 30000 T / a butadiene plant has been running steadily, with a small amount of goods exported, and the latest price is 9100 yuan / T. Liaotong chemical’s 120000 T / a butadiene plant is in normal operation, and the main source of goods is downstream pipeline transportation, and there is no online export of goods.

External price: as of July 5, the external price of butadiene in Asia was stable: FOB Korea closed at US $1365-1375 / T; CFR China closed at US $1305-1315 per ton. The external price of butadiene in Europe was stable: FOB Rotterdam closed at US $1845-1855 / T; FD northwest Europe closed at 1395-1405 euros / ton.

region ., Country. Closing price. Up and down

Asia FOB Korea 1365-1375 USD / T 0 USD / ton

Asia CFR China 1305-1315 USD / T 0 USD / ton

Europe FOB Rotterdam 1845-1855 USD / T 0 USD / ton

Europe FD northwest Europe 1395-1405 euro / ton 0 euro / ton

Affected by the rise of the external market, the domestic supplier prices were firm, which boosted the business offer to keep up with the rise. Although some downstream units have been restarted, the poor performance of the terminal industry has led to cautious inquiries from downstream butadiene users. Business analysts expect the market to sort out slightly.

According to the monitoring of the business club, the average market price at the beginning of the week was 1955 yuan / ton, and on July 5, the average market price was 1988.33 yuan / ton, up 1.7%, 46.56% over the same period last year. Coking coal price is high.

On July 4, the coking coal commodity index was 144.28, which was the same as yesterday, reaching a record high in the cycle, up 221.26% from the lowest point of 44.91 on January 28, 2016（ Note: period refers to the period from September 1, 2012 to now

According to the business community, in terms of supply and origin, after the end of July 1, the limited production coal mines resumed production one after another, and the on-site inventory increased. Considering the environmental protection policy, the supply of coking coal is still relatively tight for the time being.

Demand: the inventory of some coke enterprises has declined, the inventory in the yard is at a low level, and the downstream steel enterprises have resumed production in succession. At present, the support for coke is OK, but the overall market is cautious and wait-and-see.

According to the coking coal analysts of business society, in terms of origin, after the end of July 1, the production of coal mines with limited production has been resumed one after another, and the inventory in the field has increased. Considering the environmental protection policy, the supply of coking coal is still relatively tight for the time being, the inventory of some coking enterprises has declined, the inventory in the field is at a low level, and the downstream steel enterprises have also resumed production. At present, the support for coke is OK, But on the whole, we are cautious and wait-and-see. Generally speaking, the short-term coking coal is mainly operated at high level, and the specific demand of the downstream market.

1、 Price trend

According to business agency monitoring data, the price of soda rose in June. The average market price at the beginning of the month was 1583.33 yuan / ton, and the average market price at the end of the month was 1683.33 yuan / ton, and the price rose 6.32%. On June 29, the soda commodity index was 111.73, up 3.77 points from yesterday, down 8.18% from 121.68 (2020-10-21) of the cycle’s highest point, and 26.58% higher than the lowest point of 88.27 on December 22, 2020（ Note: the cycle refers to September 1, 2020 to present)

2、 Market analysis

According to the business agency, the price of baking soda rose in June, and the downstream market was still available. At present, the price of baking soda in Henan Province is about 1650-1750 yuan, and the downstream demand is acceptable. The price of baking soda in Hebei Province is about 1700-1800 yuan / ton, and the downstream demand is acceptable.

Raw materials: according to the monitoring data of business society, the soda in North China is operating in a narrow range, and the current mainstream market price of light soda is about 1850-1950 yuan / ton. Downstream glass mainly purchases soda on demand, and generally speaking, the short-term price consolidation operation of soda is mainly. The main market price of light soda ash is 1700-1850 yuan / ton. Downstream glass mainly purchases soda on demand. Generally speaking, the short-term price consolidation operation of soda ash is the main.

Demand: downstream medicine, textile, food for baking soda on demand mainly, baking soda prices in the near future prices consolidation operation. Analysts of business society think: domestic soda is relatively strong finishing, and the downstream glass price is strong. But the overall demand performance in the near future is still acceptable, and it is expected that the soda ash will fluctuate in a narrow range. Downstream medicine, textile and food mainly purchase baking soda on demand, and take a cautious and wait-and-see attitude towards rising baking soda. In a comprehensive view, the price of baking soda is short-term or still maintain a narrow consolidation trend, and the specific market demand in the downstream is seen.

1、 Price trend

According to the data of business club’s block list, the price of pure benzene continued to rise this week. On June 20, the price of pure benzene was 7603-7800 yuan / ton (average price 7750 yuan / ton), and on Sunday (June 27), the price of pure benzene was 8050-8150 yuan / ton (average price 8120 yuan / ton), with an average price increase of 370 yuan / ton or 4.77% compared with last week; Compared with the same period last year, it increased by 130.68%.

2、 Analysis and comment

Crude oil and the external market continued to rise, with good support from external news. At home, there are large aromatics plants in China with unplanned production reduction and supply reduction. In addition, the inventory of local refineries in Shandong Province is low, and the spot supply is tight on the spot. Therefore, the market is bullish. This week, Sinopec’s listed price of pure benzene increased by 400 yuan / ton to 8150 yuan / ton.

In terms of external market, the reference price of pure benzene in South Korea market on Friday (June 25) was US $1021 / T, up US $86 / T or 9.2% on June 18; The import reference price of East China was US $1040 / T, up 80 US dollars / T or 8.33% from June 18.

In terms of crude oil, the market is optimistic about the recovery of crude oil demand, US crude oil inventories continue to decline, and international oil prices continue to rise. Compared with June 18, Brent rose $2.71/barrel, or 3.69%; WTI rose $2.41 per barrel, or 3.36%.

Downstream: styrene: this week, styrene stopped falling and rebounded. On June 25, the price of sample enterprises was 9125 yuan / ton, up 3.69% from last week, and 67.43% from the same period last year. This week, the main styrene port in East China had an inventory of 65000 tons, up 11000 tons month on month. Domestic factories and Jiangsu Port inventory is still at a low level, short-term spot price of styrene is still able to support.

Aniline: the aniline plants of many enterprises have been running under reduced load or shut down for maintenance, and the continuous reduction of supply has led to the continuous rise of aniline price. On June 25, the price in Shandong was 10000-10500 yuan / ton; The price of aniline in Nanjing is 10000-13000 yuan / ton.

3、 Future forecast

In terms of crude oil, the prospect of crude oil recovery is good, and the oil price still has action power. However, OPEC + may further increase production in August, which will have a certain impact on future oil prices.

Downstream: styrene, the main downstream product: in the early stage, the short-term shutdown unit of styrene was restarted and Gulei Petrochemical was put into operation, the supply picked up, while the demand will continue to be weak in the off-season, and the price fluctuation of styrene is expected to be weak in the later stage.

Internationally, crude oil and external prices are high, with good support for pure benzene. In China, the large aromatics plant is shut down for maintenance, the enterprise inventory is low, and the on-site supply is still in a tight situation in the short term. Downstream: the downstream is in a state of loss, the follow-up of pure benzene is general, limiting the rise of pure benzene. Overall, it is expected that the price of pure benzene will remain high next week, and the price may fall later. Continue to pay attention to the downstream market (mainly styrene inventory, demand changes), domestic and foreign pure benzene plant trends, crude oil, external market trends on the price of pure benzene.

1、 Price trend

Isopropanol prices fell this week, according to commodity data monitoring. The average price of isopropanol in China was 7066.67 yuan / ton last Friday and 6916.67 yuan / ton this Friday. The price fell by 2.12% in the week.

2、 Market analysis

Figure: price trend comparison of acetone and isopropanol from April to June

Isopropanol prices continued to fall this week. Internationally, the closing price of isopropanol in the United States was stable on June 1, while that in Europe was stable. So far, the quotation range of isopropanol in Shandong Province is about 6400-7200 yuan / ton, and that in Jiangsu Province is about 6500-6900 yuan / ton. The quotation range of isopropanol in Zhejiang is 6500-6800 yuan / ton. The raw material acetone fell, the operation rate of East China acetone isopropanol plant increased, the wait-and-see mood in the downstream was obvious, the on-site inquiry was general, the on-site trading of isopropanol was short, and the price decreased.

In terms of raw material acetone, the acetone market continued to decline as of June 24. In terms of factories, some East China plants of Sinopec reduced 150-200 yuan / ton, of which Gaoqiao and Mitsui listed 5000 yuan / ton; However, the market continued to decline, with East China reaching 4800-4850 yuan / ton. At present, the supply of spot resources in the market is sufficient, the buying mood of terminal factories is general, the overall trading atmosphere of the market is low, and there are few real orders in the market. Factory inventory high, import supply has been replenished, market supply is sufficient. The business association predicted that the short-term trading atmosphere would hardly change, the terminal just needed small order replenishment, and the acetone market would maintain the current trend.

In terms of raw material propylene, the propylene market in Shandong Province stopped falling and stabilized temporarily this week. The average price of domestic propylene last Friday was 7927.64 yuan / ton, and this Friday was 7832.18 yuan / ton. The price was reduced by 1.2% within the week. At present, the market transaction is stable, the downstream purchases on demand, the downstream performance is general, and the support for propylene is limited.

3、 Future forecast

Isopropanol analyst of chemical branch of business society thinks: at present, foreign export orders are general. The price of raw material acetone fell while the price of propylene stabilized. Near the 100th anniversary of the establishment of the archives, the market transactions are reduced, the factory inventory is increased, the spot supply is sufficient, and the delivery pressure of the goods holders is greater. The lower reaches are mainly wait-and-see, and the overall trading atmosphere of the market is light. Overall, isopropanol prices are likely to continue to decline in the short term, and follow-up attention should be paid to news changes.

Aluminum fluoride prices fell in a row

Recently, the price of aluminum fluoride has fallen again, and the market of aluminum fluoride is weak. According to the data of business news agency, the domestic price of aluminum fluoride on June 22 was 8433.33 yuan / ton, down 266.67 yuan / ton or 3.07% from 8700.00 yuan / ton on June 1 at the beginning of the month, and down 1.17% from 8533.33 yuan / ton on June 14.

Price fluctuation adjustment of electrolytic aluminum

According to the monitoring of the business community, the price of electrolytic aluminum fluctuated and fell from a high level, the consumption of aluminum market was not ideal, the purchase intention of the downstream was not high, the market supply exceeded the demand, the demand of aluminum fluoride was poor, and the rise support was insufficient.

Electrolytic aluminum market falls again

According to the monitoring of business news agency, the price of electrolytic aluminum fell again this week, the market of electrolytic aluminum industry chain fell, the demand of aluminum fluoride declined, and the pressure of aluminum fluoride decline increased. Aluminum fluoride Market weakened in the future.

Market summary and forecast

Aluminum fluoride industry analysts of business news agency believe that: the downstream electrolytic aluminum market is falling, the aluminum fluoride market is weakening, the pressure of aluminum fluoride price falling is increasing, the aluminum fluoride market is expected to be adjusted in a weak way in the future, and the aluminum fluoride market will fall again.

1、 Trend analysis

According to the nickel price monitoring of the business community, on June 22, the nickel price rose slightly, with the spot price of 131566.67 yuan / ton, up 0.64% from the previous day, 2.68% from the beginning of the year, and 28.05% from the same period last year.

The weaker US dollar boosted nonferrous metals, which rebounded at a low level overnight and ended up 1.69%. With the end of the rainy season in the Philippines, nickel supply may gradually recover. However, due to the high sea freight and the epidemic prevention policy that ships from Southeast Asia need to sail for 28 days in the near future, the price of nickel still remains high. At present, the supply is still in short supply, which has a certain support for nickel price. The inventory of downstream 300 series stainless steel continues to be depleted, the apparent demand is not bad, and the spot is still in short supply. It is expected to maintain high production scheduling in June. However, stainless steel has gradually entered the off-season, the demand is expected to fall, and the fundamentals are weakened. It is expected that the short-term nickel price will have limited room for further rise.

After the Dragon Boat Festival, the production of caprolactam was reduced, the demand for chemical fiber was reduced, the supply of cyclohexanone was abundant, and the price center was gradually declining. According to the monitoring data of business news agency, as of June 21, the average price of domestic cyclohexanone market was 10260 yuan / ton, with a month on month decrease of 7.40% and a year-on-year increase of 57.85%.

As of June 21, domestic cyclohexanone market summary:

Region, price

East China 10200-10300 yuan / ton in cash

South China 10500 yuan / ton cash delivery nearby, detailed discussion on the actual bill

Shandong Province 10000-10100 yuan / ton in cash

In terms of raw materials, Sinopec reduced the price of pure benzene by 150 yuan / ton, and implemented 7750 yuan / ton, which was implemented by all its refineries. The price is effective from June 11. Downstream, Sinopec’s high-end caprolactam price this week was stable at 14100 yuan / ton (liquid high-grade products were accepted in June).

The market of cyclohexanone is weak, the market supply has increased, and the manufacturers ship with them. As the downstream caprolactam plant shutdown maintenance is more concentrated, the demand for cyclohexanone is reduced, the supply of cyclohexanone is abundant, and the atmosphere in the site is empty. Cyclohexanone analysts of business community expect that the domestic market of cyclohexanone will continue to decline in the short term.