According to the monitoring of the commodity market analysis system of Shengyi Society, the price of activated carbon at the beginning of the week was 11633 yuan/ton, and the price of activated carbon at the end of the week was 11666 tons, with a price increase of 0.29%.

Domestic activated carbon manufacturers’ quotations have slightly increased this week, with the ex factory price of activated carbon for coconut shell water purification in East China ranging from 9500 to 12500 yuan/ton. Market inquiries are active, with a focus on market transactions.

Coconut shell charcoal has a certain amount of sales in applications such as gold extraction, water purification, and filter cartridges, especially for gold charcoal, which receives a lot of inquiries from the African market; Fruit shell charcoal can be shipped smoothly from low to medium index sources. There is a recent rebound trend in imported carbide materials, and the industry should pay more attention to it.

Prediction: The activated carbon market urgently needs positive support, and it is expected that the price of activated carbon will mainly fluctuate in the short term.

In September, the dichloromethane market fluctuated and tended to rise. In mid September, the average price of dichloromethane in Shandong reached a high point of 2780 yuan/ton, an increase of 7.13%, and then fell back. In late September, it remained stable and tended to rise. According to the Commodity Market Analysis System of Shengyi Society, as of September 30th, the average price of dichloromethane bulk water in Shandong Province was 2720 yuan/ton, with a monthly increase of 4.82%.

The cost of raw materials has slightly increased, and the focus of the methanol liquid chlorine market has shifted upward in September; The operating rate of methane chloride units has slightly decreased. In the first half of the month, the dichloromethane market continued to rise, but the demand side’s holiday replenishment heat was average, and the overall market transaction atmosphere was weak. Downstream customers basically maintained their urgent needs for replenishment, and the company’s shipment volume significantly decreased, while inventory began to grow rapidly. Returning after the holiday, the overall market demand is mainly following suit, with manufacturers lowering prices one after another to increase market activity, and low prices driving a relatively optimistic atmosphere for market transactions. In the second half of the month, the market is stable and trending upwards, with factory prices slightly rising. As the holiday approaches, procurement and replenishment are basically over, and the ability to receive goods is limited. As of September 30th, the ex factory price of mainstream dichloromethane in Shandong region is around 2700-2740 yuan/ton.

On the supply side: With the low load and maintenance recovery of the equipment, the domestic methane chloride production has slightly rebounded compared to the beginning of the month.

In terms of raw materials, the methanol market in September first fell and then rose. The overall supply of goods is abundant, but the growth rate on the demand side is relatively limited. According to the Commodity Market Analysis System of Shengyi Society, as of September 30th, the spot price of methanol was 2478.33 yuan/ton, a decrease of 0.07% from the beginning of the month. The center of gravity of liquid chlorine prices has shifted upwards, and the market trading atmosphere has improved.

In terms of demand: Dichloromethane has a wide range of applications and plays an important role in various industries. The popularity of double section replenishment procurement is average, and overall essential procurement is the main focus. In the first half of the year, downstream refrigerant R32 was overused by air conditioning companies, and the demand continued to increase, easing the tight supply situation in the market. The quota policy had a significant impact on R32, and the market price of R32 rose to around 38000 yuan/ton. Channel procurement did not fall back, and the market remained strong. Positive support for dichloromethane formation.

Business analysts believe that the rise in raw material prices will support the dichloromethane market, and major factories will stop for maintenance after the holiday, which will support the upward trend of the dichloromethane market. However, due to the significant decrease in demand after the holiday replenishment, the bearish market is expected to rise, and the dichloromethane market is expected to consolidate or move slightly upward.

According to the monitoring of the commodity market analysis system of Shengyi Society, the price of activated carbon at the beginning of the month was 11750 yuan/ton, and at the end of the month, the price of activated carbon was 11666/ton, a decrease of 0.71%.

Domestic manufacturers’ quotations for activated carbon have been weak this month, with the ex factory price of activated carbon for coconut shell water purification in East China ranging from 9500 to 12500 yuan/ton. The market is mainly driven by orders, and prices lack favorable support. The focus is on market transactions.

Coconut shell charcoal has a certain amount of sales in applications such as gold extraction, water purification, and filter cartridges, especially for gold charcoal, which receives a lot of inquiries from the African market; Fruit shell charcoal can be shipped smoothly from low to medium index sources. There is a recent rebound trend in imported carbide materials, and the industry should pay more attention to it.

Prediction: The activated carbon market is experiencing slow sales, and it is expected that the price of activated carbon will mainly fluctuate in the short term.

According to the Commodity Market Analysis System of Shengyi Society, on the 20th, the aggregated MDI maintained stable operation. The mainstream quotation for Shanghai goods (44V20, M20S, 5005) was 18000-18100 yuan/ton, and the mainstream quotation for domestic goods (PM200) was 18200-18400 yuan/ton. The supplier’s news is quiet, and traders maintain a pace of shipment. The follow-up of new orders is weak and slowly consolidating. It is expected that the MDI market will consolidate and operate in the short term.

According to the data from the Commodity Market Analysis System of Shengyi Society, the hydrogen peroxide market has weakened and fallen this week due to loose supply. On September 9th, the average market price of hydrogen peroxide was 833 yuan/ton, and on September 13th, the average market price of hydrogen peroxide was 816 yuan/ton, a decrease of 2% in price.

Loose supply of hydrogen peroxide leads to a decline in the market

This week, the domestic supply of hydrogen peroxide remained loose, and the demand for terminal procurement remained stable. Negative factors suppressed the market, and the hydrogen peroxide market weakened and fell, with an overall quotation of 700-900 yuan/ton. On September 13th, the average price of hydrogen peroxide in the Shandong region was around 700-800 yuan/ton, a decrease of 50 yuan/ton. The average price of hydrogen peroxide in the Hebei region was 750 yuan/ton, which remained unchanged; The average price of hydrogen peroxide in the Anhui region is around 900 yuan/ton, and the price remains stable; The average price of hydrogen peroxide in the Fujian region is 1100 yuan/ton, which remains stable.

Business Society Chemical Analysts believe that by the end of September, the demand for hydrogen peroxide terminals will increase, and the future hydrogen peroxide market is expected to stop falling and rise.

1、 Price trend

According to the monitoring data of the Business Society’s bulk ranking, the price of bromine has been running weakly recently. On September 2nd, the average market price of bromine was 20660 yuan/ton, and on September 9th, the average market price of bromine was 20400 yuan/ton, a decrease of 1.26% and a year-on-year decrease of 16.05%. On September 8th, the bromine commodity index was 72.14, unchanged from yesterday, a decrease of 70.58% from the highest point of 245.18 points (2021-10-27) during the cycle, and an increase of 22.44% from the lowest point of 58.92 points on October 29th, 2014. (Note: The cycle refers to the period from September 1, 2011 to present)

2、 Market analysis

On the supply side, data shows that the operating rate of bromine sample enterprises this week was 65.37%, an increase of 1.29% compared to last week. This week’s rainfall has decreased, and maintenance companies affected by previous rainfall have begun to resume production. Bromine production has increased, and there is also a supplement of imported bromine. The overall supply of bromine is relatively sufficient.

In terms of demand, the main downstream demand for flame retardants is weak. Weak shipments, dominated by bearish factors. The overall supply of bromine in China is sufficient and in a state of oversupply. Southern manufacturers have not yet experienced an increase in demand, and they are striving for stable prices.

In terms of raw material sulfur, the overall price of sulfur is operating steadily. The average market price at the beginning of the week was 1465 yuan/ton, and the average market price at the end of use was 1425 yuan/ton, with a price drop of 2.73% and a year-on-year increase of 21.1%. The sulfur plant is operating normally, and the market supply is sufficient. We are waiting for the arrival of autumn, and the autumn fertilizer market is gradually developing. Downstream production may increase, and the market trading atmosphere will improve.

Business analysts believe that bromine prices have been weak recently. There has been less precipitation of bromine this week, and the overall supply of bromine has been stable and sufficient in recent times. The downstream flame retardant and intermediate industries are generally supported, and the market is mainly cautious in procurement. Strong supply leads to weak demand, and the comprehensive prediction of short-term bromine prices or market consolidation based on the supply-demand game depends on downstream market demand.

1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the reference average price of 85% industrial grade phosphoric acid in China was 6480 yuan/ton on August 1st, and 6640 yuan/ton on August 30th. The price of industrial grade phosphoric acid in China has increased by 2.47% this month.

According to the Commodity Market Analysis System of Shengyi Society, the reference average price of 85% wet process phosphoric acid in China was 6716 yuan/ton on August 1st, and 6850 yuan/ton on August 30th. The price of wet process phosphoric acid in China has increased by 1.99% this month.

2、 Market analysis

The market price of phosphoric acid fluctuated and rose in August. In the first half of August, the price of phosphoric acid slightly increased. The raw material yellow phosphorus market first rose and then fell, and the cost support is still acceptable. The supply of phosphoric acid in the market is tight, and there is some support on the supply side. In the second half of August, the price of phosphoric acid rose rapidly. The price of raw material yellow phosphorus continues to rise, increasing cost support. The market supply and demand situation is good, and the market transaction atmosphere has improved. As of August 30th, the ex factory price of 85 industrial grade phosphoric acid in Hubei region is around 6750-6900 yuan/ton, and in Sichuan region it is around 6650 yuan/ton. The domestic market price for 85% wet process phosphoric acid is around 6700-6900 yuan/ton.

The market price of raw material yellow phosphorus has fluctuated and risen this month. The supply in the spot market is tight, and manufacturers are reluctant to sell, resulting in a shift in the focus of market transactions. Downstream procurement on demand, adopting a wait-and-see attitude towards high prices. It is expected that the domestic yellow phosphorus market will consolidate and operate at a high level in the short term.

3、 Future forecast

Business Society’s phosphate analyst believes that the phosphate market has been rising recently. At present, the high level of raw material yellow phosphorus is being consolidated, and the supply of phosphoric acid in the market remains tight. It is expected that the short-term phosphoric acid market will continue to operate strongly.

1、 Price trend

According to monitoring data from Business Society, the price of baking soda has been declining this month. The average market price at the beginning of the month was 2134 yuan/ton, and the average market price at the end of the month was around 1858 yuan/ton, a decrease of 12.93% and a year-on-year decrease of 12.56%. On August 29th, the baking soda commodity index was 124.00, a decrease of 0.11 points from yesterday, a decrease of 47.42% from the cycle high of 235.84 points (2021-11-10), and an increase of 40.48% from the lowest point of 88.27 points on December 22, 2020. (Note: Cycle refers to September 1, 2020 to present)

2、 Market analysis

According to Business Society, the price of baking soda has been weak this month, and downstream markets have been purchasing according to demand in the near future. At present, the domestic price of baking soda is running weakly, with the mainstream ex factory price in Henan region being around 1400-1600 yuan/ton. Raw materials: According to monitoring data from Business Society, the overall price of soda ash fell in August. At the beginning of the month, the average market price of light soda ash was 1884 yuan/ton, and at the end of the month, the average market price was around 1810 yuan/ton, a decrease of 3.93% and a decrease of 37.73% compared to the same period last year.

According to analysts from Business Society, the price of baking soda has been weak in recent times, and the upstream raw material soda ash has been weak in recent times. Downstream industries such as pharmaceuticals, textiles, and food have been mainly purchasing according to demand, with moderate purchases. The comprehensive supply-demand game predicts that the price of baking soda will be weak in the later stage, depending on downstream market demand.

This week, the domestic acrylonitrile market remained stable and consolidated, with some spot prices rebounding slightly. Suppliers are reluctant to sell at low prices and tend to prefer contract trading. The positive support for the week mainly comes from the supply side, among which the Jieyang unit of Jihua is scheduled to shut down unexpectedly. The 130000 ton/year unit will be shut down for maintenance for about a week from August 20th, and its downstream 600000 ton ABS unit will maintain normal production. There is a demand for external acrylonitrile procurement, which has led to a reduction in supply in the South China region, and some buyers have entered the East China market, forming support for market sentiment. At the same time, the current acrylonitrile price is at a historical low, and there is an intention to buy from the bottom and replenish the market. Coupled with the approaching end of the month, the enthusiasm of middlemen for spot sales is not high, which has pushed up the focus of local negotiations.

Fundamental analysis

On the cost side: With the phased support of demand this week, the propylene market slightly rose. As of August 22, the mainstream closing reference is 6780-6930 yuan/ton. International oil prices continue to decline, dragging down market sentiment. However, with the current concessions from propylene enterprises, the overall inventory is in a controllable state, and downstream demand buying is still acceptable, providing some support for price trends. It is expected that the propylene market prices will remain stable in the near future.

Supply side: The average weekly operating rate of acrylonitrile in China this week was 78.72%, an increase of 4.64% compared to last week. As of August 22, the inventory of acrylonitrile enterprises was about 74800 tons, an increase of 5400 tons from last week, and the inventory is still to be digested.

Demand side: Downstream demand is weak, with an average weekly operating rate of 65.4% in the ABS industry, down from -1.6% last week; The acrylic fiber industry started operating at 77.4% per week, unchanged from last week.

Market forecast: In the near future, some devices will release plans for later load reduction and maintenance, which will have a certain positive impact on the supply side. At the same time, it will also trigger intermediaries and downstream users to buy stocks and replenish, which may stimulate market exploration. However, the short-term supply reduction is not significant, and the industry inventory still needs to be digested. Coupled with the slow recovery of terminal consumption, the market rebound space is limited. It is expected that the domestic acrylonitrile price will rebound slightly next week, and the spot self pickup price may reach around 8100-8300 yuan/ton.

According to the monitoring of the commodity market analysis system of Shengyi Society, the price of activated carbon at the beginning of the week was 11866 yuan/ton, and the price of activated carbon at the end of the week was 11833/ton, a decrease of 0.28% in price.

Domestic activated carbon manufacturers’ quotations have remained stable this week, with some manufacturers’ quotations falling and market demand falling short of expectations. The ex factory price of activated carbon for coconut shell water purification in East China is between 9500-12500 yuan/ton, lacking favorable support for prices. The focus is on market transactions.

Coconut shell charcoal has a certain amount of sales in applications such as gold extraction, water purification, and filter cartridges, especially for gold charcoal, which receives a lot of inquiries from the African market; Fruit shell charcoal can be shipped smoothly from low to medium index sources. There is a recent rebound trend in imported carbide materials, and the industry should pay more attention to it.

Prediction: The activated carbon market is mainly driven by inquiries, and it is expected that the price of activated carbon will fluctuate in the short term.