Price Trend

According to the monitoring data of business associations, the market price of ammonium sulphate has been running steadily this week. The average price of ammonium sulphate at the beginning of the week is 676 yuan/ton, while that of ammonium sulphate at the end of the week is 678 yuan/ton. The price trend is stable.

II. Market Analysis

Product: This week, the domestic ammonium sulfate market price maintained stable operation. At present, the mainstream of ammonium sulfate in Shandong is offered 650-750 yuan/ton, the mainstream of ammonium sulfate in East China is offered 650-750 yuan/ton, the mainstream of ammonium sulfate in Northeast China is offered 650 yuan/ton, the mainstream of ammonium sulfate in North China is offered 580-680 yuan/ton, and the mainstream of ammonium sulfate in Central China is offered 650-700 yuan/ton.

Industry chain: In raw materials, domestic sulfuric acid market prices rose slightly, local flexible rise and fall, market turnover is limited.

3. Future Market Forecast

Ammonium sulphate analysts from the business association believe that coking plants have started construction steadily and the supply is tight. The start-up rate of lactam level has been slightly increased, and local supply is tight. With the approaching of autumn, compound fertilizer enterprises began to purchase, and the start-up rate increased. The ammonium sulfate Market is expected to maintain a steady upward trend in the later period.

Price Trend

According to the price monitoring of business associations, the distribution price of sulphuric acid in Shandong fell slightly this week. The quotation fell from 250.00 yuan/ton at the beginning of the week to 45.00 yuan/ton at the end of the week, down 5.00 yuan/ton, or 2.00%, 47.03% compared with the same period last year. Overall, the sulfuric acid market fell this week, with the sulfuric acid commodity index at 39.10 on July 19.

II. Market Analysis

(1) Products:

This week, the prices of some sulphuric acid manufacturers in Shandong fell slightly, with fewer inventories and fewer downstream demand. Heze Jiangyuan quoted 230 yuan/ton this week, and the quotation was temporarily stable; Zouping Tianlu’s quotation fell from 150 yuan/ton at the beginning of the week to 130 yuan/ton at the end of the week, and the quotation fell by 20 yuan/ton; Jinan Yuanfei’s quotation was 450 yuan/ton, and the quotation was temporarily stable; Dezhou Meihua’s quotation was 170 yuan/ton, and the quotation was temporarily stable.

(2) Industrial chain:

Recently, the domestic sulfur market has been declining; the downstream ammonium market is light, the new orders are not satisfactory, the atmosphere is not good, the diammonium market is relatively stable, the high level is strong, the sulfuric acid enterprises have multiple early orders, short-term start is insufficient, and the supply is slightly tight. This week, domestic sulphuric acid plants run smoothly, market supply is relatively tight, downstream gas purchases are general, market turnover is limited.

3. Future Market Forecast

After the adjustment in June, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. Upstream prices fell slightly, downstream purchases were general, and products went down under the contradiction between supply and demand. Business sulfuric acid analysts believe that the short-term market in Shandong Province, under the influence of supply and demand and raw materials, the sulfuric acid market tends to decline.

Price Trend

According to the data monitoring of business associations, the average price of n-butanol in mainstream areas was 6,200 yuan/ton (including taxes) as of July 19. The average price of n-butanol in mainstream areas was 33.33 yuan/ton (including taxes) lower than last Friday, and the average weekly price-to-ring ratio was reduced by -0.53%. At present, the mainstream price of n-butanol in China is around 6,000-6,400 yuan/ton.

II. Market Analysis

Products: Mainstream price of n-butanol declined steadily and slightly, price was loose. Under the pressure of new orders shipment, some factories in Shandong Province offered lower prices. The atmosphere of new orders transaction in the market was dull, and the focus of negotiation declined slightly. Because of the high cost pressure of n-butanol, the willingness of Shandong switchable plant to switch production of octanol is strong, and the pressure of n-butanol sales may be eased, which does not exclude the possibility of reducing the start-up load of some manufacturers.

Industry chain: Propylene price of upstream product of n-butanol has been lowered, the mainstream of Shandong propylene market has been raised to 7600-7700 yuan/ton, terminal demand is general, powder is narrow and loose, upstream and downstream trading atmosphere is not good, inventory pressure of refineries has risen, so the enthusiasm of profit and drainage is generally high. Butyl ester, a downstream product of n-butanol, started to decline and demand decreased slightly.

3. Future Market Forecast

Forecast: In late July, the volatility of n-butanol market is not large, and it is still mainly stable.

Price Trend

According to the monitoring data of business associations, the price of domestic chlorinated paraffin 52 market has been running steadily this week. At the beginning of the week, the average price of domestic chlorinated paraffin 52 first-class products was 4966 yuan/ton, and the average price of domestic chlorinated paraffin 52 first-class products was 4966 yuan/ton at weekend.

II. Market Analysis

Products: This week, the domestic chlorinated paraffin 52 market price has been running steadily. At present, the quotation of 52 chlorinated paraffins in Northwest China is about 5100 yuan/ton, 52 chlorinated paraffins in South China 4500-5000 yuan/ton, 52 chlorinated paraffins in North China 3800-5500 yuan/ton, 52 chlorinated paraffins in East China 4000-5500 yuan/ton, 52 chlorinated paraffins in Central China 4000-5000 yuan/ton, and Shandong Province. Regional chlorinated paraffin 52 factory quotation 4000-5000 yuan/ton.

International crude oil: OPEC lowered global crude oil demand expectations, Hurricane Barry disturbed the Gulf of Mexico, coupled with the situation in Iran is still unstable factors, short-term good intertwined with a small decline in international oil prices. On Thursday (July 11), WTI August 19 futures fell $0.23 per barrel at $60.20, while Brent September 19 futures fell $0.49 at $66.52. China’s SC crude oil futures main contract was about 1908 yuan 454.3 yuan per barrel, up 12.7 yuan.

3. Future Market Forecast

Chlorinated paraffin analysts at the business association believe that the upstream price of liquid paraffin is stable, the price of liquid chlorine is rising, and the demand has not improved. At present, the overall market turnover is flat, downstream picking up goods cautiously, the market is wait-and-see attitude. It is expected that the price of chlorinated paraffin will be weaker in the later period.

I. Trend analysis

According to the monitoring data of business associations, cobalt prices recovered on July 15 and rose for the first time since July. On July 15, the price of cobalt rose 0.31% to 216833.33 yuan/ton, down 5.52% from 229500.00 yuan/ton at the beginning of the month. Following the sharp decline, cobalt prices rose for the first time in July. Does this mean that the cobalt market will come in spring and how will the cobalt market develop in the future?

II. Market Analysis

New energy automobiles are not optimistic in the future

According to the wholesale sales data of passenger car manufacturers, the wholesale sales of new energy narrow passenger cars in June reached 134,000 units, an increase of 90% over the same period last year. From January to June 2019, the sales of new energy passenger cars reached 570,000 units, an increase of 65% over the same period last year. June is the last month of the transition period of the New Deal of Subsidies, which objectively stimulates early consumption and overdraws some future consumption. The surge in sales of new energy vehicles in June can not reflect the real demand of the market, on the contrary, it will inhibit the growth rate of new energy vehicles in the future. It is expected that the growth rate of new energy vehicles in the future will slow down, which is bad for the future cobalt market.

Mobile phone sales are declining

In June 2019, the total shipment of domestic mobile phone market was 34.31 million units, down 6.3% from the same period last year; in January-June 2019, the total shipment of domestic mobile phone market was 186 million units, down 5.1% from the same period last year. Sales of mobile phones declined, demand for cobalt declined, which was bad for the cobalt market.

On July 15, the price of cobalt salt fell, putting pressure on the price of cobalt metal. The downstream market of cobalt metal was negative, the future market of cobalt was negative, and the short-term performance of cobalt market was difficult.

Fourth, the outlook for the future market:

Bai Jiaxin, a data analyst with business associations, believes that although cobalt prices recovered briefly on July 15, the market of cobalt is still not optimistic. The price of cobalt salt in the downstream continued to fall, which exerted great pressure on the price of cobalt metal; the new energy automobile market performed well in June, but overdrawn the future of new energy automobiles in the future, the demand of cobalt Market in the future was not good, and the price of cobalt lost its support; the sales of mobile phones fell sharply, the demand of cobalt Market dropped, and the profit of cobalt price was obvious, but the shortfall of cobalt price was obvious. With the introduction of 5G mobile phone market, mobile phone sales may explode in the future, the demand for cobalt will decrease in the short run, and the demand for cobalt will rise in the long run. On the supply side, although the collapse of cobalt mine occurred in Congo Kinshasa, the overall impact on cobalt mineral energy is small, and the supply of cobalt is sufficient.

Generally speaking, the cobalt Market in the future has sufficient supply, poor short-term performance of demand, long-term or outbreak growth. There is no momentum for cobalt price to rise in the short term, and there is a great pressure to fall. In the long run, the cobalt market is still bullish, the space for cobalt price to fall is limited, and it is difficult for cobalt price to continue to fall. Cobalt prices are expected to fall in the short run and remain bullish in the long run.

Price Trend

According to the data of business associations, the price trend of cryolite market was stable this week. The average price of cryolite market was about 6333.33 yuan/ton in the week, down 3.41% from the same period last year.

II. Market Analysis

Product: Cryolite prices are running smoothly this week, and there is no price adjustment for manufacturers. Up to the 12th, Zibo Kunyu Industry and Trade Cryolite quoted 6500 yuan/ton; Changshu Hongjiafu Co., Ltd. Cryolite quoted 7300 yuan/ton; Jiaozuo Minli Industrial Cryolite quoted 7000 yuan/ton; Zhengzhou Tianrui Cryolite quoted 6500 yuan/ton; Shandong Botao Group Co., Ltd. Cryolite quoted 7000 yuan/ton.

Industry chain: The domestic fluorite market price trend is rising this week. At the beginning of the week, the average domestic market price is about 312.50 yuan/ton. At the end of the week, the average domestic market price is about 3150.00 yuan/ton. Within the week, the increase is 1.20%, up 17.54% from the same period last year. Domestic fluorite prices rose slightly this week, and the start-up rate of fluorite plants did not change much, but downstream demand improved, the spot supply of fluorite was tight, and fluorite prices rose slightly due to various factors. Downstream electrolytic aluminium: This week, the price of aluminium went down, with a slight drop. At the beginning of the week, the price remained around 13780.00 yuan/ton, and at the end of the week, it was about 13736.67 yuan/ton, with a price increase of 0.31%.

3. Future Market Forecast

Analysts of cryolite products of business associations believe that: at present, the device is running normally, the manufacturers have sufficient inventory and no pressure, the ex-factory quotation is temporarily stable, and the market of cryolite is expected to operate steadily in the later period.

I. Acrylic acid price trend:

The average price of acrylic acid was 7600.00 yuan/ton as of July 12, according to the data of the business association’s list. The market of acrylic acid was mainly stable, down 1.72% compared with June 12.

II. Market analysis:

Product: Acrylic acid market price trend is temporarily stable. The price of raw materials market is high, the cost is low, the profit is high, the pressure of factories is high, and the atmosphere of market pushing is strong. As of Friday, the price of acrylic acid in Shandong Yukang Chemical Co., Ltd. was stable, 7800 yuan per ton of propionic acid and 8600 yuan per ton of refined acid. The price of acrylic acid in Wanhua Chemical and Petrochemical Co., Ltd. was stable, with the main supply contract and stable customers. At present, the price of acrylic acid is 7500 yuan per ton.

Industry chain: Upstream propylene in Shandong Province recently started on July 2, and experienced two rounds of rise. Up to now, it has risen by about 600 yuan/ton. At present, the mainstream market turnover is around 8100-8300 yuan/ton, and the mainstream price is as high as 8250 yuan/ton. At present, some dehydrogenation units are about to resume production in the later stage, and the supply and demand tension has been alleviated, but the overall situation is still tight.

Industry: According to the price monitoring of business associations, in the 27 th week (7.8-7.12) of 2019, there were 34 commodities rising annually in the chemical sector, of which 6 commodities increased by more than 5% accounted for 7.1% of the monitored commodities in the sector; the first three commodities were hydrochloric acid (18.18%), epichlorohydrin (7.99%) and octanol (7.44%). 。 There were 23 kinds of products with a decrease in ring ratio. The first three products with a decrease in ring ratio were lithium carbonate (-3.88%), phenol (-3.75%) and trichloromethane (-3.17%). This week’s average rise and fall was 0.83%.

3. Future market forecast:

According to business associations, the short-term domestic acrylic acid market may be dominated by stable operation.

Price Trend

According to the monitoring data of business associations, the overall domestic butanone market rose narrowly this week. At present, the mainstream domestic butanone quotation is around 5800-6200 yuan/ton, up 0.55% compared with July 1.

II. Market Analysis

Product: This week, butanone market showed a steady and slight rise, but slightly weak, downstream factories can hardly start to recover, butanone rising space is limited, the main business inquiries, Jiangsu butanone market distributors reference price in the vicinity of 6000-6200 yuan/ton, Shandong Province factory butanone quotation price in the vicinity of 6000 yuan/ton, Ningbo region butanone The reference price for dealers in ketone market is around 6,200 yuan/ton, and the overall inquiry atmosphere in the market is not high.

3. Future Market Forecast

Business society data analysts believe that the short-term butanone market is mainly stable, and more attention should be paid to the transaction orders.

Price Trend

Stimulated by the news of the resumption of Sino-US trade talks at the G20 meeting, domestic toluene market prices continued to rise this week, up about 4.6% from last week, according to business associations’data.

II. Analytical Review

1. Products: Toluene market prices rose steadily from the beginning of the week to the middle of the week, and stabilized in the latter half of the week. At present, the mainstream transaction price in the market is around 5400 yuan/ton. Port stocks were depleted this week, with East China stocks at around 371,000 tons.

2. Industrial chain:

Upstream, crude oil, this week’s overall oil price continued to reverse trend, Brent crude oil range in 62.685-64.930 U.S. dollars / ton, a weekly increase of about 3.7%.

On the downstream side, the price of PTA in the downstream of PX market is higher, the overlapping Global trade is expected to be better, the export of terminal textiles is expected to increase, the downstream market of PX is supported, and the short-term price still has room to rise; on the TDI market, the operation of TDI market in East China is mainly consolidated, the price trend is slightly increased, and the inquiry atmosphere is light. Real orders are in a downturn, and market-based shipments follow suit.

3. Future Market Forecast

In a word, toluene market is expected to recover slightly next week. For international crude oil, we need to focus on the situation in the United States and Iraq and the fluctuation of demand for crude oil in the global economic outlook.

Price Trend

According to the data of business associations, the price trend of domestic TDI market has been running smoothly this week. The average market price in eastern China is about 12 900 yuan/ton in the week, down 57.43% from the same period last year.

II. Market Analysis

Products: This week, the TDI market in eastern China is weak, the price trend is stable, the business offer is temporarily stable, the overall atmosphere in the venue continues to be weak, and the actual single transaction is less. As of the 28th, China’s domestic goods with tickets out of warehouse offer reference 12700-12800 yuan/ton, Shanghai goods with tickets out of warehouse offer reference 12800-13000 yuan/ton; South China’s domestic goods with tickets out of warehouse offer reference 12800 yuan/ton, Shanghai goods with tickets out of warehouse offer reference 12900-13000 yuan/ton; North China’s domestic goods with tickets out of warehouse offer reference 12600-12800 yuan/ton, Shanghai goods with tickets out of warehouse offer reference 12600-12800 yuan/ton. Reference 12800-13000 yuan/ton.

Industry chain: This week, the price trend of nitric acid in the upstream of domestic TDI is stable, and the market price is around 1800 yuan/ton in the week. The supply of nitric acid is not large, the quotation of manufacturers is stable, and the nitric acid goods are in good condition. This week domestic toluene price fluctuation upward, early in the week the average price of enterprises is 5087.50 yuan/ton, Friday the average price of enterprises is 5150.00 yuan/ton, a weekly increase of 1.28%. Rising raw material prices in the upstream have a negative impact on downstream TDI.

3. Future Market Forecast

According to the data analyst of business associations, at present, the domestic TDI market has been consolidated and operated. The overall atmosphere in the market is still light, the actual single transaction is scarce, the business mentality is slightly different, and the high and low offers have been heard. It is expected that the TDI market will be sorted out in the later period.