1、 Price trend

According to the bulk list data of business society, the average price of domestic liquid caprolactam was 14250 yuan / ton on August 16 and 14300 yuan / ton on August 22. The price of caprolactam rose 0.36% this week.

2、 Market analysis

As of August 22, Nanjing Dongfang caprolactam liquid price was 15000 yuan / ton, 400000 tons / year, the unit was started normally, and the caprolactam unit was in normal operation. Sinopec caprolactam liquid price is 14700 yuan / ton. The price of Baling Hengyi caprolactam liquid is 14700 yuan / ton, 450000 tons / year. The unit is started normally and delivered after acceptance. The price of caprolactam liquid of Baling Petrochemical is 14700 yuan / ton, 300000 tons / year. The unit is started normally and delivered after acceptance. Shandong Luxi Chemical caprolactam liquid price is 13900 yuan / ton, and the manufacturer’s production capacity is 300000 tons. The actual transaction can be negotiated.

The price of raw material pure benzene fell continuously this week. Due to the delay of import ships affected by the epidemic in the early stage, and the delivery near the end of the month, domestic purchase is more active, and pure benzene negotiation is better. However, during the week, crude oil fell deeply, coupled with the continuous decline of styrene, the fundamental support weakened, pure benzene was under pressure, and the price fell.

3、 Future forecast

Caprolactam analysts of business society believe that some enterprise devices are planned to restart in the short term, and the supply will increase. At present, the downstream just needs to be purchased, and the demand is OK. The recent decline in raw materials and weak cost support. It is expected that the caprolactam market will mainly operate weakly and stably in the short term, and it is suggested to pay attention to the changes of cost and demand.

Price trend

According to the bulk list data of business society, the price of domestic vitamin C remained stable this week, and the average price of food grade vitamin C remained stable at 49.33 yuan / kg.

According to the monitoring of business society, the domestic vitamin C market is light. At present, the mainstream price of food grade is 46-48 yuan / kg, and that of feed grade is 43-45 yuan / kg. The market quotation is falsely high, and the market transaction price is mainly negotiated. The downstream demand is general, mainly rigid demand. The manufacturer will not quote for the time being during some maintenance. The production and sales of vitamin C market are weak, and the price is stable.

Corn: the overall price of corn in the upper reaches is temporarily stable. Spring corn has been listed in some areas, and the supply tends to be loose. However, the recurrence of the epidemic has affected the circulation of grain sources. The price of corn in the main producing areas will continue to be moderately strong, which plays a supporting role in vitamin C.

The price of vitamin A was slightly corrected this week, with an average price of 289 yuan / kg at the beginning of the week and 290 yuan / kg at the weekend, an increase of 20.58%. Vitamin a stopped falling this week, but there was no substantial change in the market. Demand is still weak, downstream buying is insufficient, and vitamin A prices fluctuate at a high level.

Downstream pigs: by the end of July, the national pig stock had increased by 31.2% year-on-year, of which the stock of fertile sows had increased by 24.5% year-on-year, which had returned to the level of normal years. It plays a supporting role in vitamin A.

The price of vitamin E remained stable this week, with an average price of 74.33 yuan / kg. There are many enterprises that stop reporting in the market, and the market attention has increased. It is understood that Zhejiang Pharmaceutical vitamin E plant will be shut down for maintenance, and no external quotation will be made for the time being. The downstream demand is stable. Affected by maintenance, the factory has a strong willingness to support the price, and the market is stable and strong.

Future forecast

According to the vitamin analyst of the chemical branch of the business community, in the off-season of vitamin market development, the demand is weak and the production and sales are weak. It is expected that the recent vitamin price will be dominated by weak shocks.

The price of domestic ethyl acetate fell this week (8.9-13), which continued the downward trend of last week. Most domestic manufacturers reduced this week, stabilized slightly at the weekend, and the price of most manufacturers stopped falling. According to the monitoring of business society, the price of ethyl acetate fell by 1.47% this week, and the current price is in the range of 8200-8500 yuan / ton.

First, from the perspective of the upstream acetic acid market, the price of acetic acid continued to fall in August, and the cost was bad for the downstream ethyl acetate Market. According to the monitoring of business society, the cumulative decline of acetic acid in August was 2.89%, mainly due to the poor market atmosphere, the continuous downturn of downstream demand and the slight increase of domestic inventory, which was mainly due to the transportation control of various regions, the poor shipment of manufacturers and the wait-and-see mentality of downstream industries. However, large factories were overhauled in Shandong and Jiangsu, which alleviated the contradiction of sufficient supply to a certain extent.

In addition, from the perspective of supply and demand of ethyl acetate, first of all, at the supply side, the supply of ethyl acetate is abundant, the enterprise plant operates normally and maintains a high operating rate. However, since August, due to regional transportation restrictions, manufacturers have significantly slowed down their shipment speed. Large manufacturers have exchanged price for quantity and reduced prices intensively. Prices in East China, South China and other places have fallen to varying degrees. On the demand side, the market demand is relatively weak, the downstream procurement is relatively rational, there is generally no inventory in the off-season, and you can take it with you, but you just need to buy and continue to follow up, which is also an important reason for the price of ethyl acetate to stop falling and stabilize. Downstream continuous follow-up needs further observation.

In the future, ethyl acetate analysts of business society believe that the epidemic situation in many places in China, especially in Jiangsu, is still severe, and the road transportation problem will still suppress the price of ethyl acetate in some areas. In addition, with the resumption of large plants in Guangxi this weekend, the supply will increase in the later stage, and it is still difficult to make a breakthrough in the price of ethyl acetate without a fundamental improvement in demand.

Orthobenzene market remained stable

According to the data monitoring of business society, the price of orthobenzene was stable this week, and the market of orthobenzene was generally stable. The listing price of orthobenzene this week was 6300 yuan / ton, which was stable compared with the listing price of 6300 yuan / ton in early August.

The price of raw materials fluctuated and fell

According to the data test of business society, the price of mixed xylene first rose and then fell in August. This week, the price of mixed xylene continued to fall. The overall mixed xylene market weakened, the price of raw materials in the upstream of orthobenzene fell, the rising power of orthobenzene market weakened, and the downward pressure increased.

The downstream market continued to rise

According to the data of business society, the price of phthalic anhydride fell slightly in August, and the phthalic anhydride market weakened. The plasticizer market fell sharply this week, the downstream market fell, the phthalic anhydride market weakened, the downstream market of o-benzene weakened, dragged down the o-benzene market, and the rising power of o-benzene weakened.

Future forecast

Bai Jiaxin, an ortho xylene data analyst at business society, believes that after nearly three months of price stabilization, the price of ortho xylene finally rose in early August, but the market of ortho xylene industrial chain weakened in August. This week, the price of mixed xylene in the upstream fell and the price of phthalic anhydride in the downstream fell. Overall, the market of industrial chain fell this week, the driving force of ortho xylene rise weakened, and the support for the rise of ortho xylene in the future was insufficient.

According to the data monitoring of the business agency, the chloroform market rose this week (8.9-8.13). The price of methane was 2977 yuan / ton on the third day of the week and 3060 yuan / ton on the weekend, an overall increase of 2.77%.

The price of raw liquid chlorine is low, the price of methanol is slightly weak, and the cost support is weak. According to the business agency, as of August 13, the methanol price was 2565 yuan / ton, slightly adjusted from 2572 yuan / ton at the beginning of the week; The mainstream ex factory price of liquid chlorine of tank car in Shandong Province is about 900 yuan / ton.

The maintenance of some downstream refrigerant enterprises was completed, the overall load was increased, and the support for chloroform was slightly enhanced.

Analysts of methane chloride data of business society believe that the cost side remains low at the stage. Although the downstream construction has improved, the demand side support will continue to weaken as the hot weather passes, and it is expected that the trichloromethane market will not rise sharply in the later stage.

Recent price trend of hydrochloric acid

As can be seen from the above figure, the comprehensive price of hydrochloric acid in Shandong this week was temporarily stable, with the quotation of 263.33 yuan / ton, a year-on-year decrease of 21.39% compared with the same period last year. On the whole, the hydrochloric acid market was temporarily stable this week, and the hydrochloric acid commodity index was 69.30 on August 13.

The upstream support is general and the downstream procurement is weak

From the manufacturer’s quotation, the manufacturer’s quotation in the hydrochloric acid market this week is temporarily stable and the overall market is general. The quotation of Dezhou Shihua hydrochloric acid is 400 yuan / ton, and the quotation is stable temporarily; The quotation of synthetic hydrochloric acid from Wen Shui is 230 yuan / ton at the weekend, which is temporarily stable compared with that at the beginning of the week; Dezhou Maihua hydrochloric acid quoted 160 yuan / ton at the weekend, which was temporarily stable compared with that at the beginning of the week.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the market situation of upstream liquid chlorine is general and the support for hydrochloric acid is weak, while the high market price of downstream ammonium chloride has a positive impact on hydrochloric acid. Difficult delivery of hydrochloric acid is still a big problem.

Future forecast

The recent market of upstream liquid chlorine is general, the cost support is general, the market of downstream ammonium chloride is high, and the downstream purchase intention is not strong. Business analysts believe that hydrochloric acid is mainly subject to a slight shock in the near future.

According to the monitoring data of business society, as of August 13, the average ex factory price of domestic industrial dimethyl carbonate was 10333 yuan / ton, which was basically the same as the price on August 9, 2021. Compared with the price on August 1, 2021 (the reference price was 8233 yuan / ton), the average price was increased by 2100 yuan / ton, an increase of 25.51%.

At the beginning of August, the domestic market price of dimethyl carbonate rose sharply. At the beginning of this week, the overall high level of the domestic dimethyl carbonate market was stable. At the beginning of the week, the two main domestic dimethyl carbonate plants were shut down. The overall inventory in the dimethyl carbonate market was low, the spot supply remained tight, and most of the downstream were just in need of procurement. However, near the weekend, the effect of sufficient early preparation in the downstream appeared, and the downstream demand for dimethyl carbonate was reduced, The turnover of new orders in the venue is general, and the downstream procurement enthusiasm gradually decreases. As of August 13, the average ex factory price of domestic industrial dimethyl carbonate was 10333 yuan / ton, which was basically stable compared with the beginning of this week.

In terms of upstream propylene oxide, the domestic propylene oxide price fell in late July. In August, propylene oxide stopped falling and rose, and the market situation continued to rise. As of August 13, the reference price of propylene oxide was 17025 yuan / ton, an increase of 4.45% compared with August 1 (16300 yuan / ton).

Future trend analysis

At present, dimethyl carbonate continues to be at a high level, the performance of downstream goods taking is cautious, the wait-and-see mood is aggravated, and the demand side support is weaker than that in the early stage. Therefore, the dimethyl carbonate analysts of business society believe that the market of dimethyl carbonate may decline due to the restriction of demand.

In early August, the overall domestic propane market rose first and then consolidated. The average price of propane in Shandong is expected to rise to 5000 yuan / ton. According to the data monitoring of business agency, the average price of propane in Shandong market was 4748.25 yuan / ton on August 1 and 4900.75 yuan / ton on August 6. At the beginning of the month, the overall increase was 3.21% and the maximum amplitude was 4.42%.

As of August 6, the mainstream prices of propane in different regions in China are as follows:

region Specifications August 6th

East China Propane,% (V / V) not less than 95 4800-4950 yuan / ton

North China Propane,% (V / V) not less than 95 4850-4900 yuan / ton

Shandong region Propane,% (V / V) not less than 95 4830-4920 yuan / ton

South China Propane,% (V / V) not less than 95 4720-4850 yuan / ton

Central China Propane,% (V / V) not less than 95 4980-5200 yuan / ton

In August, the domestic propane market continued the rising trend in July and continued to be dominant as a whole. In the first week of August, the propane market rose first and then consolidated. At the beginning of the week, there were many positive factors in the propane Market, and the price ushered in a significant increase. When CP was introduced in August, both propylene and butane increased and exceeded expectations. The high import cost brought major support to the domestic market. In addition, the market supply decreased, and the prices of ports and refineries increased. However, in the late part of the week, the propane market was not strong enough, and the price fell back. International crude oil rose first and then fell this week. The news is bad market mentality. In addition, the weather in August is hot. The propane market is affected by seasonal factors and the terminal demand is weak, which has significantly restrained the market. Most domestic regions made certain adjustments according to the shipment situation. In the later part of the week, the northern market decreased slightly, and the southern market mostly delivered steadily.

Saudi Aramco announced in August that both propylene and butane rose. Propane was 660 USD / T, up 40 USD / T from the previous month; Butane is 655 USD / T, up 35 USD / T compared with the previous month.

At present, the market is empty and intertwined. The rebound of international crude oil on August 5 has given a certain boost to the market, and the port price is high. However, due to the weak terminal demand, there is no significant improvement, which has restrained the rising market. The northern market was adjusted in a narrow range, while the southern market was dominated by stable shipments. It is expected that there will be a slight rise in the propane Market in the later stage. Specifically, we still need to pay attention to the trend of international crude oil.

Spot market: according to the test data of business agency, recently, the market quotation of pure polyester yarn has shown a stable, medium and slight rise. 32S pure polyester yarn is reported at about 14575 yuan / ton, up 125 yuan / ton from 14450 yuan / ton at the beginning of the month. The market sales showed a flat trend, and some varieties took the goods in general. According to some market participants, the actual sales in the market are basically general, the price is basically stable, there are still few large downstream orders, the purchase enthusiasm is not high, and the yarn manufacturers mainly consume the inventory of the industrial chain. The staff of the yarn factory generally reflect that the profit of the yarn factory is the best in recent years. At present, there are waves in the sales market from time to time. The production and sales of the yarn factory are still balanced, the inventory is basically small, and the manufacturer’s mentality is basically good.

Upstream polyester staple fiber: today, the contract price of staple fiber pf2109 closed at 7166 yuan / ton, down 0.39% from the previous trading day. The production and sales of staple fiber factory are weak, and the spot processing difference is compressed to 700 yuan / ton, which is in a state of negative cash flow. Poor production and sales, superimposed low processing space, increased parking devices in staple fiber plant, and increased maintenance concentration compared with the previous period. At present, the operating load of the industry is 85%, down 5% compared with the previous week.

Downstream demand: weak new orders, high inventory, tight working capital, superposition of epidemic reasons, the start of Jiangsu and Zhejiang looms fell. The operating rate of Jiangsu and Zhejiang looms decreased to 79%, and Changshu warp knitting was 80-90%; 80% of Haining warp knitting and Siyang water spraying; Changxing water spray 90% slightly lower; About 60% of Xiao Shaoyuan machine; Wujiang water spray is 80%, slightly higher.

Jiangsu and Zhejiang terminal factory procurement followed up cautiously. Crude oil is weak and the atmosphere of new orders at the terminal is poor. Therefore, at present, the downstream mainly focuses on the preparation of raw materials in the early stage, and the procurement follow-up under the low promotion price last week is limited. Up to now, the raw materials of the terminal factory have been prepared from mid August to late August.

Since the beginning of this month, new orders for terminal grey cloth have weakened; Last week, new orders for warp knitting, circular knitting machine and water jet grey cloth weakened comprehensively, and the export volume also decreased again. In terms of inventory, the inventory of woven and knitted varieties has entered a high level, and the subsequent funds of cloth merchants and manufacturers are weak.

In addition, the recent epidemic situation has been repeated, unforeseen factors have increased, some markets are in a semi closed state, and manufacturers’ production prudence has increased.

Suggestion: pay attention to the impact of the epidemic and the demand for downstream orders.

1、 Market price trend chart of nitric acid

Nitric acid price curve

According to the monitoring of business agency, the average price of concentrated nitric acid in China last Friday was 2600 yuan / ton, and the average price on August 2 was 3096 yuan / ton, up 19.1%.

2、 Market analysis

On August 2, Anhui Jinhe offered 3200 yuan / ton, an increase of 100 yuan / ton compared with the last time; Wenshui Synthetic Chemical Co., Ltd. quoted 2890 yuan / ton for concentrated nitric acid, 1180 yuan / ton for dilute nitric acid, and 690 yuan / ton for concentrated nitric acid; The quotation of Shandong helitai concentrated nitric acid is 3200 yuan / ton, an increase of 700 yuan / ton compared with the last time; Anhui Aodeli concentrated nitric acid quoted 3100 yuan / ton, a decrease of 200 yuan / ton compared with the last time; The ex factory quotation of Shaanxi Xinghua Chemical concentrated nitric acid is 2650 yuan / ton, an increase of 150 yuan / ton compared with the last time. The nitric acid market has different trading, the quotation rises and falls, the supply of nitric acid is locally tight, the trading is OK, and the quotation is increased.

The production price of upstream liquid ammonia in Shandong fell by 1.71% this week (8.2-8.6), according to the monitoring of business society. For downstream aniline, the domestic market price of aniline was temporarily stable this week (8.2-8.6). Downstream TDI fell 1.67% in East China market this week (8.2-8.6).

3、 Future forecast

Nitric acid rose by a large margin. Nitric acid analysts of business society expect that nitric acid may be mainly adjusted, and the rising space is limited.