Price Trend

According to the data from a large list of business associations, the domestic adipic acid market remained stable this week compared with last week, and dealers’quotations maintained the previous price, up or down by 0% as a whole. By the end of the weekend, the quotation is generally between 8100 and 8200 yuan/ton.

II. Analytical Review

This week, the adipic acid market has stabilized. The market has experienced a small rebound in late June. At present, the market is weak, the market atmosphere is slightly cold, distributors are active in delivering goods. The adipic acid market has risen and fallen within 100 yuan, and the market remains weak and volatile. At present, the downstream market has a heavy wait-and-see mentality and slightly rigid turnover. Hold, the merchant saves the profit space. Social inventories are still under pressure, with shipments slightly lower than last week.

On the supply side, the supply pressure is still in place. Many distributors say that the stock pressure is high, the start-up rate of the plant is high, and the inventory of the manufacturer also shows some pressure. This week, the distributors take goods one after another. At present, the market is still mainly de-stocked. Therefore, the market is flooded with low-price goods, and the overall supply pressure of the market is high, leading to distribution. Businessmen have a strong willingness to reduce prices to inventory, so there is room for profit. Market price quotation and actual transaction still have price difference. The quotations of distributors in North China, East China and South China have been adjusted to varying degrees. Most of the districts remain weak.

In terms of demand, the downstream demand lacks substantial improvement and the downstream start-up rate is still slightly inadequate. The start-up rate is about 50%. It has not effectively boosted the upstream adipic acid. The market is still in the depot cycle. In addition, the cost side also makes adipic acid show some pressure. The upstream pure benzene price continues to hover at a low level. According to the monitoring of business associations, the reference price of East China market is about 8000-8200 yuan/ton, and the price of South China is generally between 8100-8300 yuan/ton.

3. Future Market Forecast

The analysts of adipic acid in the chemical branch of business association believe that the price is relatively stable at present, adipic acid is still in excess supply and the market is mainly de-stocked. Therefore, Business Association believes that adipic acid market is difficult to get out of the watershed in the short term, or maintain a weak market in the near future.

I.Price Trend

According to the data of business associations, the market price of aniline in Shandong and Nanjing increased slightly in mid-June. The adjusted price was about 100 yuan/ton, and the adjusted price was about 5700-6050 yuan/ton. At the beginning of this month, the price of aniline ranged from 5600 to 5950 yuan/ton. At the end of this month, the price of aniline ranged from 5700 to 6050 yuan/ton, with a monthly increase of 1.75%. The highest price of this month appeared from June 13 to 30.

II. Analytical Review

1. Raw materials: This month, the price of pure benzene has been adjusted four times, all of which are up-regulated. At the beginning of this month, the price of pure benzene was around 4300-4500 yuan/ton. At the end of this month, the price of pure benzene was 4632-4850 yuan/ton, with a monthly increase of 7.8%. The highest price of this month appeared on June 26-28. In the first ten days of this month, pure benzene continued its stable form last month and maintained its stable price basically. Starting in the middle of this month, stimulated by the rising price of downstream styrene and the decline of port inventory, the price has risen many times, reaching its highest level this month on the 26th.

2. Products: The two price adjustments of aniline this month are all influenced by the negative factors of the rising cost surface pressure. However, the downstream demand for aniline has been low, which limits the price of aniline to continue to rise.

3. Downstream: Downstream MDI showed a downward trend this month, falling by 9.72%, limiting the rise of aniline prices.

III. Future Market Forecast

1. Raw materials: At present, the listed price of Sinopec has risen to 4850 yuan/ton. Considering the price difference between inside and outside, there is no downside risk. Therefore, the domestic spot market resource prices have strong support in the short term.

2. Domestic market: Aniline plant will be re-produced one after another, and the supply will increase, but the overall start-up rate will not be too high because of seasonal factors. Moreover, the pressure on the cost side has always existed and will not change much in the short term.

Taking into account, aniline may rise steadily or slightly in the near future.

Price Trend

According to the data of business associations, the average price of n-butanol as of June 21 was 5933.33 yuan/ton (including tax), which was 2.30% higher than June 14. At present, the mainstream price of n-butanol in China is about 5900-6200 yuan/ton.

II. Market Analysis

Product: This week, the market price of n-butanol is rising steadily and moderately. Stimulated by macro-economic benefits, the increase is more obvious. Based on the characteristics of downstream replenishment, there is still the possibility of price increase in the follow-up, but the willingness to catch up is not clear yet.

Industry chain: Propylene prices of upstream products have risen as a whole this week, while supply and demand of downstream products have been balanced and replenished on demand.

3. Future Market Forecast

Forecast: The n-butanol market will continue to be stable in the short term.

Price Trend

According to the monitoring data of business associations, the price of domestic chlorinated paraffin 52 market rose this week. At the beginning of the week, the average price of domestic chlorinated paraffin 52 first-class products was 4966 yuan/ton, while the average price of domestic chlorinated paraffin 52 first-class products was 5033 yuan/ton at the weekend, which was higher than last week.

II. Market Analysis

Products: This week, domestic chlorinated paraffin 52 market prices rose. At present, the quotation of the first-class chlorinated paraffin 52 in Shaanxi is 4800-5200 yuan/ton, that of the second-class chlorinated paraffin 52 in Northeast China is 4700-5100 yuan/ton, that of the second-class chlorinated paraffin 52 in Anhui is 5000-5300 yuan/ton, and that of the second-class chlorinated paraffin 52 in Shandong is 4400-4800 yuan/ton.

International crude oil: It is reported that two oil tankers were attacked in the Gulf of Oman, the geographic situation suddenly tense, supply contraction is expected to increase, and OPEC is expected to continue to reduce production to the second half of the year, international oil prices rebounded strongly. WTI52.28 rose $1.14 per barrel and Brent 61.31 rose $1.34 per barrel. China’s main SC crude oil futures fell 5.3 to 422 yuan per barrel in 1907.

Industry chain: The current overall market trading atmosphere is general, and demand is weak. Upstream raw material liquid wax prices rose slightly, liquid chlorine market prices decreased, the market is wait-and-see attitude.

3. Future Market Forecast

According to the analyst of chlorinated paraffin, the domestic market has limited demand for chlorinated paraffin, and the price of chlorinated paraffin is expected to remain stable in the later period.

Price Trend

This week (6.10-6.14) the domestic 1_tin ingot Market fell. The average price of the domestic market was 14387.50 yuan/ton at the beginning of the week and 144450 yuan/ton at the end of the week, up 0.74%.

On June 14, the tin commodity index was 73.58, down 0.19 points from yesterday, down 26.60% from the cyclical peak of 100.25 points (2011-09-05), and up 71.68% from the lowest point of 42.86 on December 09, 2015. (Note: Period refers to 2011-09-01 to date).

II. Market Trend Analysis

Domestic market: This week, the spot tin market followed the trend of Shanghai and Tin. Prices rebounded in an all-round way. As of Friday, the mainstream price was about 143,500-145,000 yuan/ton, up 1,000 yuan/ton from last week. This week, the spot market is abundant in supply, mostly with ordinary cloud and small brands. Traders in the market are active in delivering goods at high prices, but terminal demand is weak, downstream orders remain at a low level, demand has not improved significantly, market wait-and-see mood is strong, and overall turnover is cold. This week, the spot discount interval remained stable. Puyun and small brand discount ranged from 500 to 1400 yuan/ton, and Yunxi discount ranged from 100 yuan/ton to 100 yuan/ton.

Non-ferrous industry: On Friday, non-agricultural data exceeded expectations, superimposed inflation was moderate, Fed interest rate cut was expected to rise, US dollar was low at 96.451, and domestic top-level announced infrastructure financing incentive program. Although external uncertainty increased, confidence in expanding domestic demand remained unchanged, market sentiment was boosted, and basic metals generally recovered, but Sino-US economic and trade relations remained tense. The G20 summit held at the end of June as a result. At the critical time, the market waited cautiously, and most of the domestic metals rebounded, blocked and washed back.

3. Prospects for the Future Market

Next week, the most sensitive market is the decision of the Federal Reserve Conference on Interest Rate. The market awaits the guidance of the US dollar. When domestic metals enter the June long order delivery period after monthly exchange, the activity of spot futures may be significantly improved. However, the metal items with the risk of squeezing may temporarily subside and return to rationality.

On June 10, the rare earth index was 404 points, up 1 point from yesterday, down 59.60% from the cyclical peak of 1000 points (2011-12-06), and up 49.08% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).

The average price of Neodymium in rare earth metals increased by 2 500 yuan/ton to 457,500 yuan/ton, dysprosium metal by 2.4 million yuan/ton and praseodymium metal by 710,000 yuan/ton. The average price of praseodymium and neodymium oxide in rare earth oxides increased by 0.5 million yuan/ton to 355 million yuan/ton; dysprosium oxide price was 2 million yuan/ton; praseodymium oxide price was 4.15 million yuan/ton; and neodymium oxide price increased by 7500 yuan/ton to 355 million yuan/ton. The price of praseodymium and neodymium alloys in rare earth alloys increased by 2500 yuan/ton to 457,500 yuan/ton, while the average price of dysprosium-iron alloys was 2 million yuan/ton.

Recently, the price of some rare earths has risen, the domestic rare earth market is in general, the price trend of most commodities in the rare earth market has risen, and the import of heavy rare earth dysprosium and terbium products has been limited by Myanmar’s mines. Market participants are more optimistic about the price of medium and heavy rare earths. Holders are reluctant to sell them, and the price of dysprosium and terbium series has continued to rise. Recently, the market trend of praseodymium and neodymium series products has improved, and the supply in the field is normal. Light rare earth prices have recently risen. The price fluctuation of rare earth market is related to environmental protection supervision in the whole country. Rare earth production has its particularity, especially the radiation hazard of some products, which makes environmental protection supervision stricter. Under the strict environmental protection inspection, rare earth separation enterprises in many provinces have stopped production, resulting in a general market of rare earth oxides. Recently, the rare earth market has turned to the seller’s market. The manufacturers have reasonable control over sales and are reluctant to sell. Especially for some mainstream rare earth oxides, the supply performance is tight, the price trend of rare earth market is rising, large enterprise groups are reluctant to sell in the near future, the market of rare earth has improved, but the major manufacturers are cautious about the pricing of products. Recently, rare earth imports have declined, domestic enterprises are reluctant to sell, and some prices in the rare earth market have risen.

Recently, the State Environmental Protection Department has made no reduction in its stringent efforts, which has a greater impact on the rare earth industry. The rare earth industry has a low start-up and a cold market. Prior to this, Anhui Province jointly issued a special action document to crack down on rare earth blacks. Due to the increasingly obvious regulatory effect, the supply of raw mineral resources in the upstream of the rare earth industry has shrunk, and the rare earth industry has been trading well.

Rare earth analysts from business associations expect that the recent stringent domestic environmental protection efforts will not decrease, coupled with the domestic reorganization of the order of the rare earth industry, Myanmar’s export restrictions and reduced supply will provide some favorable support for the rare earth industry, but the recent rare earth market transactions are limited, and rare earth products are expected to rise slightly.

According to the monitoring of business associations, the market of hydrogen peroxide rose in May. At the beginning of the month, the price of 27.5% hydrogen peroxide was 1240 yuan/ton, and at the end of the month, 27.5% hydrogen peroxide was 1292 yuan/ton, an increase of 4.23%.

After May 1st, hydroperoxide underwater caprolactam manufacturer started, rigid demand support, hydrogen peroxide Market returned to the upward trend. In Shandong, the price of hydrogen peroxide has risen, with the mainstream price of 1200 yuan / ton – 1290 yuan / ton and the price of 60 yuan / ton. Hebei mainstream price quoted 1250-1300 yuan/ton, the price rose 50-100 yuan/ton. Anhui mainstream offer 1210 yuan / ton – 1250 yuan / ton.

In the middle of the month, hydrogen peroxide rose steadily. The mainstream price of 27.5% hydrogen peroxide in Hebei is 1260-1300 yuan/ton, which is slightly lower than the actual turnover. The mainstream quotation in Shandong is 1240-1320 yuan/ton, and the price rises by 30-60 yuan/ton. The mainstream quotation in Anhui is 1250-1300 yuan/ton, and the actual transaction price is about 1200 yuan/ton.

At the end of the month, the hydrogen peroxide Market declined. The mainstream price of 27.5% hydrogen peroxide in Hebei is 1300-1350 yuan/ton, which is stable. Shandong mainstream offer 1180-1320 yuan/ton, the price slightly fell. The mainstream quotation in Anhui is 1250-1300 yuan/ton, and the actual transaction price is about 1200 yuan/ton, which is relatively stable.

生意社双氧水分析师认为：终端需求相对平稳，后市双氧水价格或将持稳为主，上涨空间有限。

Business Club hydrogen peroxide analysts believe that the terminal demand is relatively stable, the price of hydrogen peroxide in the future will remain stable, and the rising space is limited.

On May 27, the hydrofluoric acid commodity index was 103.36, up 1.91 points from yesterday, down 26.40% from the peak of 140.43 points in the cycle (2018-02-21), and up 92.87% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic hydrofluoric acid market price trend was temporarily stable on the 28th. Up to now, the domestic hydrofluoric acid market price was 11390 yuan/ton, and the domestic hydrofluoric acid start-up rate was less than 60%. Rise. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 11,000-11,500 yuan/ton, while the price of hydrofluoric acid in the northern market is 11,000-12,000 yuan/ton. Domestic hydrofluoric acid market prices increased, spot supply decreased slightly, but demand did not change very much, the price trend of hydrofluoric acid Market rose.

Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price shocks. Recent downstream refrigerant market transactions have improved, R22 refrigerant plant surface started at 60%, R22 market device start-up rate is temporarily stable, the main production enterprise bulk water factory offer price is between 18500-19000 yuan/ton, but the production enterprise does not have bulk water spot, mainly a small number of cylinders shipment. In addition, the actual demand side of the market has not changed much, and the delivery market has increased. The domestic market price trend of R134a is not good, the start-up rate of production enterprises remains low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price has not changed much. Businessmen purchase on demand. Recently, due to the shortage of supply, the price trend of hydrofluoric acid market has risen.

Refrigerant on-site transactions are general, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is normal, but the spot supply of hydrofluoric acid is tight, Business Analyst Chen Ling believes that the hydrofluoric acid market may continue to rise.

Commodity Name: Acetone

Market Price (May 13, East China): 3100 yuan/ton

Analysis Points: Last week, the domestic acetone manufacturers overall price adjustment, market focus upward. Some second-hand merchants replenish their products in the market, and the atmosphere of market delivery has been alleviated, and the holder’s contract is not pressured for the time being. The mood of bidding and selling is obvious. The offer has risen, and terminal factories replenish their products one after another. Today, the acetone market is firm and open. Up to now, the main negotiation range of East China market is 3100-3150 yuan/ton, the main negotiation price of Yanshan peripheral market is 3050-3100 yuan/ton, and the negotiation range of South China market is 3150-3200 yuan/ton, with high-end mostly offers. Business associations expect the short-term acetone market to be strong. East China acetone talks about 3100 yuan per ton.

First, the price trend

The domestic formaldehyde market fell this week, earlier (May 05), the average price of formaldehyde was 1213.33 yuan/ton, the average price of formaldehyde over the weekend (May 10) was 1170.00 yuan/ton, down 3.57%, and the current price was down 23.28% from last year, according to business’s commodity list data.

Second, the market analysis Products: Domestic formaldehyde market price decline, weekend, Hebei mainstream factory quotation in 1070 yuan/ton or so, South China mainstream factory quotation in 1260 Yuan/ton, Shandong mainstream manufacturers quoted in 1120 Yuan/ton, Jiangsu region Mainstream factory quote 1500 Yuan/ton.

Tinian Chemical 80,000 tons of formaldehyde device restart, formaldehyde market supply is OK, downstream manufacturers affected by environmental protection start rate has receded, formaldehyde prices fell. Industrial chain: Upstream methanol market by macro and port inventory impact of the market rise, the price of the beginning of the week is 2178.00 yuan/ton, the weekend is 2248.00 yuan/ton, the increase of 3.24%.

Not given to formaldehyde finished product support, formaldehyde manufacturers mentality in general, downstream maintenance just need to buy, the field of trading more cautious, formaldehyde prices fell.

Third, the forecast of the aftermarket Upstream methanol market recently slightly increased, cost support in general, downstream start rate fell, so Business Society chemical branch Formaldehyde analysts expect, the recent domestic formaldehyde prices or shock consolidation mainly.