According to the data monitoring of business agency, the average price of propane in Shandong market was 5663.25 yuan / ton on September 26 and 5595.75 yuan / ton on September 27, with a single day decline of 1.19%, an increase of 12.29% compared with September 1.

On September 27, the rise in the domestic propane market was suspended, and most of the ex factory quotations in Shandong market were reduced. At present, the mainstream quotation is 5500-5650 yuan / ton. The high level of international crude oil has brought some support to the market, but the National Day holiday is coming, the manufacturers’ demand for storage and discharge before the holiday and the price has been slightly corrected. It is expected that the price of propane market may still be reduced in the short term, but the space is limited.

According to the price monitoring of business agency, the ex factory price of hydrogenated benzene in North China on September 26 was 8080 yuan / ton, down 8.8% from the same period last week.

Price of main hydrogenated benzene Market in China on September 26 (unit: yuan / ton)

Region, September 26 price

East China, 7950

Shandong, 7850

In terms of crude oil, on September 24, the international oil price continued to rise. The settlement price of the main contract of WTI crude oil futures in the United States was US $73.98/barrel, an increase of US $0.68 or 0.9%, and the settlement price of Brent crude oil futures was US $77.23/barrel, an increase of US $0.77 or 1.0%. On the one hand, the recovery of oil and gas production in the U.S. Gulf region was slow, adding that the capacity utilization rate of refineries on the east coast of the United States increased to 93%, the highest since May, and the continuous decline of U.S. crude oil inventories formed a strong support for oil prices.

Recently, the high level of pure benzene market fell, which was mainly dragged down by the downstream. Affected by the dual control policy, the load of many downstream units is reduced or shut down for maintenance, especially in East China, the recent operating rate has decreased significantly, the demand for pure benzene and hydrogenated benzene has slowed down, and the purchase intention is low. This week, Sinopec cut the price of pure benzene three times, a total of 700-800 yuan / ton to 7650-7700 yuan / ton. Although there is a certain demand for goods preparation near the holiday, the downstream pure benzene inventory is OK and the overall demand is general. In an environment with many negative fundamentals, it is expected that the pure benzene and hydrogenated benzene markets will be under pressure in the short term.

On September 24, the rare earth index was 599 points, unchanged from yesterday, decreased by 40.10% from the highest point of 1000 points in the cycle (December 6, 2011), and increased by 121.03% from the lowest point of 271 points on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now).

The trend of domestic rare earth index is temporarily stable, and the price of domestic light rare earth praseodymium neodymium series is stable. The price of praseodymium neodymium oxide is 598000 yuan / ton, the price of praseodymium neodymium metal is 737500 yuan / ton, the price of praseodymium oxide is 640000 yuan / ton, the price of neodymium oxide is 6275000 yuan / ton, the price of metal praseodymium is 860000 yuan / ton, the price of metal neodymium is 765000 yuan / ton, and the price of dysprosium oxide is 268500 yuan / ton, The price of dysprosium ferroalloy is 2.64 million yuan / ton and the price of metal dysprosium is 3.42 million yuan / ton. Some prices in the domestic light rare earth market have declined. Recently, the purchase is general, and the price of praseodymium neodymium series is mainly stable. Recently, the price of dysprosium Series in the domestic heavy rare earth market has fallen, the price trend of terbium series is temporarily stable, the downstream purchase is not active, and Myanmar prohibits export, It is expected that the price trend of domestic rare earth market will decline slightly in the later stage.

According to the data monitored by the business agency, as of September 23, the average quotation price of domestic high-quality DMF enterprises was 14600.00 yuan / ton, the DMF price decreased narrowly, and the price of DMF manufacturers decreased slightly, down 2.01% compared with the same period last week.

The DMF market is running stably for the time being, the focus of negotiation is stable, the operation is mainly narrow, the downstream wait-and-see atmosphere is strong, and the purchase enthusiasm is general. At present, the mainstream price is around 14900 yuan / ton, the National Day holiday is approaching, some factories are shut down, the spot market is tight, and the market is stable and small in the short term.

DMF commodity index: on September 22, the DMF commodity index was 244.26, unchanged from yesterday, down 3.25% from the highest point 252.46 in the cycle (2021-08-29), and up 263.43% from the lowest point 67.21 on February 21, 2016. (Note: the period refers to the period from September 1, 2011 to now)

Business agency DMF analysts believe that: in the short term, DMF maintains the early trend, and the price is weak in a narrow range. (to know more about the latest industry market trends, welcome to pay attention to the official account of the business community, obtain commodity information, and grasp the price of commodities).

The price of aluminum fluoride rose on September 22

According to the data of business agency, the price of aluminum fluoride rose on September 22. On September 22, the domestic price of aluminum fluoride was 9333.33 yuan / ton, an increase of 1.45% over the price of 9200.00 yuan / ton on September 18 of the previous trading day; The trend of aluminum fluoride continued to rise.

Overview of industrial chain Market

According to the monitoring of business society, the market of fluorite and hydrofluoric acid fluctuated and rose, and the cost of aluminum fluoride rose; The high price of electrolytic aluminum was adjusted by shock, and the demand for aluminum fluoride remained strong. The start-up of aluminum fluoride enterprises is high, the downstream demand is strong, and the production capacity of aluminum fluoride is limited, which stimulates the rise of aluminum fluoride prices.

Market overview and forecast

Analysts of aluminum fluoride industry of business agency believe that: the price of aluminum fluoride raw materials fluctuates and rises, the downstream electrolytic aluminum continues to fluctuate and adjust at a high level, the demand for aluminum fluoride is strong, and the cost rises, which stimulates the price fluctuation and rise of aluminum fluoride. In the future, the price of aluminum fluoride is expected to rise slightly.

1、 Price trend

According to the monitoring data of business society, the price of baking soda is adjusted and operated, and the average market price is 2216.67 yuan / ton. On September 17, the commodity index of baking soda was 147.12, the same as yesterday, hitting a record high in the cycle, up 66.67% from the lowest point of 88.27 on December 22, 2020. (Note: the period refers to the period from September 1, 2020 to now)

2、 Market analysis

According to the business agency, the price of baking soda is strong, and the downstream market purchases more on demand in the near future. At present, the price of baking soda in Henan is 2150-2250, and the downstream demand is acceptable. It is expected that the price will be stable in the near future. The price of baking soda in Hebei is about 2150-2300 tons, and the downstream demand is acceptable. It is expected that the price will be strong in the later stage.

Raw materials: according to the monitoring data of business society, the price of soda ash is strong, and the market is running. The price of soda ash in North China is relatively strong, and the current market price of light soda ash is about 2350-2500 yuan / ton. The actual transaction is low and the transaction is average. The downstream is more cautious in purchasing, which is inconsistent with the high price soda ash.

Demand: in the downstream, the demand for baking soda in medicine, textile and food is general in the near future, and the price of baking soda is adjusted in the near future. Business analysts believe that: the price of soda ash, the raw material in the upstream of baking soda, is strong, and the demand for baking soda in the downstream of medicine, textile and food is general recently. However, due to the high level of raw materials, the price of baking soda is short-term or consolidation operation market, depending on the demand of the downstream market.

According to the monitoring data of the business society, as of September 16, the average ex factory price of domestic industrial grade propylene glycol was 18300 yuan / ton. Compared with September 10 (propylene glycol reference price 18233 yuan / ton), the average price increased by 67 yuan / ton, or 0.37%. Compared with September 1 (propylene glycol reference price 17066 yuan / ton), the average price increased by 1234 yuan / ton, or 7.23%.

Last week, the supply of propylene glycol in the domestic market was tight, the downstream was afraid to rise, the atmosphere for taking goods was good, and the market price of propylene glycol rose sharply.

Entering this week, the domestic propylene glycol market fluctuated and sorted out. On the 13th of the week, the domestic propylene glycol market was explored in a narrow range, and the overall increase was small. In terms of supply, at the beginning of the week, although the propylene glycol shutdown plants were started one after another, the overall operating rate was still not high, the pressure at the supply end in the yard was still small, and the high-level operation of raw propylene oxide still supported the market. In terms of demand, the downstream demand for propylene glycol is cold, and the inquiry mood is not high. In the middle of the week, the market trend of propylene glycol was shaken and consolidated. Some propylene glycol factories in Shandong and Anhui slightly reduced the price of propylene glycol by about 100 yuan / ton. Near the weekend, on the 16th, the market price of propylene glycol continued to fluctuate and operate. The on-site supply was not high, and the downstream was still weak. At present, as of September 16th, the ex factory price of domestic propylene glycol was around 18000-18600 yuan / ton, and the average price was 18300 yuan / ton. Compared with the last weekend, the overall price rose slightly, up 0.37%.

In terms of upstream propylene oxide, the overall propylene oxide Market in Shandong rose steadily this week. According to the monitoring data of business agency, as of September 16, the average production price of propylene oxide in Shandong was 16660 yuan / ton. Compared with the 10th of last weekend, the average price increased by 134 yuan / ton, an increase of 0.81% during the week. Compared with the beginning of this month, the average price increased by 567 yuan / ton, an increase of 3.53%.

Future trend analysis

At present, the domestic propylene glycol market is stable and small, and the fundamentals of the market are still relatively stable in a narrow range. From the current performance of supply and demand, propylene glycol analysts of business society believe that in the short term, the domestic propylene glycol market will mainly focus on consolidation.

Trade name: urea

Latest price (September 15): 2506.67 yuan / ton

On September 15, the ex factory quotation of urea in Shandong was temporarily stable, which was the same as that on September 13, with a year-on-year increase of 48.62%. The prices of upstream coal and liquefied natural gas have increased slightly recently, with strong cost support. From the perspective of demand: the demand increases, the agricultural demand begins to prepare fertilizer, the industrial demand rises, the demand for urea in the downstream compound fertilizer and rubber plate plants increases, and the operating load rate of melamine enterprises remains at a high level. Most of them follow up with the acquisition and use of an appropriate amount. In terms of supply, urea has entered the centralized maintenance period. There are maintenance plans in Shandong, Shanxi, Xinjiang and Inner Mongolia, and the daily output of urea has declined. On the whole, the urea cost support is strengthened, the downstream demand is increased, the urea supply is reduced, and the supply is in short supply.

In the future, the ex factory price of urea in Shandong is expected to rise slightly: the average price quoted by the manufacturer is about 2550 yuan / ton.

Trade name: styrene butadiene rubber 1502

Latest price (September 14): 12583 yuan / ton

Key points of analysis: according to the monitoring of business society, the domestic styrene butadiene rubber price was 12583 yuan / ton on the 14th, down 0.59% from the previous day. Since September, the price of natural rubber has fluctuated at 12300 ~ 12800 yuan / ton, which has a short impact on styrene butadiene rubber. On the cost side, although the price of raw butadiene fell sharply, the price of styrene gradually rose, which supported styrene butadiene rubber to a certain extent. On the 14th, the ex factory prices of the main suppliers of styrene butadiene rubber were stable, and the offers of traders fell slightly.

Future forecast: the price of natural rubber is low and fluctuates in a narrow range, and the price of raw material styrene is supported. Overall, the impact on styrene butadiene rubber is more than empty, and it is expected that styrene butadiene rubber will be mainly weak in the short term.

Domestic cobalt prices picked up this week

According to the data monitoring of business agency, the domestic cobalt price fell first and then rose this week, and the cobalt Market resumed its upward trend. As of September 13, the cobalt price was 379666.66 yuan / ton, up from 375666.66 yuan / ton on September 6, the beginning of last week, and the cobalt price increased by 1.06%; Compared with the cobalt price of 369000.00 yuan / ton on September 1, it increased by 2.89%.

Monthly sales of new energy vehicles increased significantly

According to the latest data released by China Automobile Association, in August, the production and sales of new energy vehicles were 309000 and 321000 respectively, an increase of 1.8 times year-on-year. In August, the production and sales of new energy continued to set a new record. In August, the penetration rate of new energy vehicles has increased to 17.8%, and the penetration rate of new energy passenger vehicles is close to 20%. The production and sales of new energy vehicles have doubled, the market of new energy vehicles has risen, the penetration of new energy vehicles has accelerated, the new energy vehicle industry has taken off, and the future demand of cobalt market has risen sharply.

According to the data released by China automotive power battery industry innovation alliance, in terms of output, in August 2021, the output of ternary battery was 8.4gwh, accounting for 42.9% of the total output, with a year-on-year increase of 91.5% and a month on month increase of 4.8%; The output of lithium iron phosphate battery was 11.1gwh, accounting for 56.9% of the total output, with a year-on-year increase of 268.2% and a month on month increase of 18.8%. In terms of loading volume, in August 2021, a total of 5.3gwh of ternary batteries were loaded, with a year-on-year increase of 51.9% and a month on month decrease of 2.1%; Lithium iron phosphate batteries were loaded with a total of 7.2gwh, a year-on-year increase of 361.8% and a month on month increase of 24.4%. The output of ternary battery rises slowly, the demand for cobalt rises, the installed capacity of ternary battery declines month on month, the demand growth of cobalt market is slow, and the room for cobalt price rise is limited.

International cobalt prices resume rising

As can be seen from the data released by LME market, LME cobalt price resumed rising this week, the international cobalt market recovered, and the rising power of domestic cobalt market increased.

According to the data released by Experian, from January to July 2021, the registration of zero emission vehicles in the United States rose to 255393 from 119628 in the same period last year. The registered volume of electric vehicles accounted for 2.6% of the total registered volume, higher than 1.6% in the same period last year. The registration of electric vehicles in the United States has more than doubled, the sales of electric vehicles have doubled, and the demand of cobalt market has increased.

Market Overview

Bai Jiaxin, a data analyst at the business agency, believes that from the sales data of new energy vehicles, it can be seen that the production and sales of domestic new energy vehicles doubled year-on-year in August, and also rose sharply month on month. New energy vehicles have entered the outbreak period. The registration of electric vehicles in the United States doubled from January to July, and electric vehicles have become the first choice for more and more people to buy cars. The rise in the production and sales of electric vehicles stimulated the rise of cobalt market. However, the installed capacity of ternary batteries declined, the growth of cobalt demand was insufficient, and the room for cobalt price rise was limited. It is expected that the shock of cobalt price will stabilize in the future.