According to the data monitoring of the business agency, as of August 24, the average ex factory price of butanone in the domestic market was 9533 yuan / ton, which was basically the same as that on August 19. Compared with the price on August 1, the average price was increased by 367 yuan / ton, an increase of 4%.

Recently, the domestic butanone market is weak. Some new units in the butanone yard were shut down, but there was still no significant improvement in trading due to the weak performance of downstream demand. Most of the offers of butanone holders are based on the market, and some operators have short expectations for the future trend. Due to the limited transaction at high prices in South China, some butanone declined secretly, and the actual transaction has more room for negotiation. The market trend of butanone is still deadlocked. We should pay attention to the follow-up of actual orders. As of August 24, the ex factory price of butanone in Shandong is around 9400-9700 yuan / ton, and that in Jiangsu is around 9500-9900 yuan / ton.

Upstream, recently, most of the domestic liquefied gas market ushered in a callback market, and the decline in Shandong civil gas market was more prominent, with a decline of nearly 5% in the week. The negative market factors this week were obvious. First, the international crude oil market was mainly lowered during the week, and the news was negative market mentality. Secondly, the civil price of liquefied gas has been continuously pushed up in the early stage, and the price has risen to a relatively high level. However, due to the influence of seasonal factors, the terminal demand is weak, the off-season has not passed, the demand side has not improved significantly, the downstream has limited ability to accept high prices, the enthusiasm for entering the market has obviously weakened, the manufacturers’ delivery is blocked, and the ex factory price has been reduced one after another to stimulate the downstream to enter the market, The shipping atmosphere did not improve significantly until the late part of the week, and the decline was narrower than that in the early part. However, the overall trend of the domestic liquefied gas market this week is still weak.

Future analysis of butanone

At present, although the supply side of butanone is supported, due to the lack of downstream demand, it is unlikely that the market price of butanone will break the deadlock and move closer to the high end in the short term. Butanone analysts of business society believe that in the short term, the market of butanone will continue to be weak, and the price dragged down by demand may decline in a narrow range. In the future, we need to pay attention to the changes of market supply and demand.

Trade name: hydrochloric acid

Latest price (August 23): 280.00 yuan / ton

On August 23, the mixed price of hydrochloric acid in Shandong increased by 16.67 yuan / ton or 6.33% compared with the quotation on August 20. The market situation of upstream liquid chlorine is general, which gives weak support to hydrochloric acid. The market situation of downstream white carbon black and ammonium chloride rises slightly, which brings certain benefits to the price of hydrochloric acid. At the same time, the maintenance of enterprises has increased recently, the supply of hydrochloric acid is tight, and the downstream procurement enthusiasm is good. The by-product acid still impacts the market, and the shipment pressure of hydrochloric acid is large.

Recently, the market price of hydrochloric acid in Shandong may rise slightly, and the quotation is about 300 yuan / ton.

1、 Price trend

Taking the rutile titanium dioxide produced by sulfuric acid process with a large amount of goods in the domestic market as an example, according to the monitoring of bulk commodity data, the titanium dioxide market was basically stable this week. The average price of titanium dioxide in China is 21066.67 yuan / ton.

2、 Market analysis

This week, the price of titanium dioxide in the domestic market was mainly stable. The letter of titanium dioxide price increase in August played a certain role in boosting the market. At present, the titanium dioxide market has warmed up, the trading market is more active, and enterprise inquiries have increased. Up to now, the factory quotation including tax of rutile titanium dioxide in China is 19000-21600 yuan / ton; The ex factory quotation of anatase titanium dioxide including tax is between 17500-19000 yuan / ton.

In terms of titanium concentrate, the price of titanium concentrate in Panxi increased this week. Titanium ore in Yunnan is affected by environmental protection, and the spot supply is tight. Affected by the epidemic, the supply of imported titanium ore also continued to be tight, small and medium-sized miners were reluctant to sell titanium ore, and the quotation increase was more obvious. At present, 38 grade titanium ore is quoted at 1380-1500 yuan / ton, 46 grade 10 titanium ore is quoted at 2350-2380 yuan / ton, and 47 grade 20 ore is quoted at 2450-2550 yuan / ton. At present, the supply of titanium ore in the market is tight as a whole, and the price of China mineral rises rapidly. The downstream titanium dioxide price is expected to rise. In the short term, the titanium ore market price will continue to rise slightly. The actual price is negotiable.

In terms of sulfuric acid, according to the bulk list data of business society, the price of sulfuric acid in Shandong was stable this week. The average price this week is 775 yuan / ton. In the short term, the upstream sulfur market has increased slightly recently, some sulfuric acid manufacturers have insufficient operation, the load is reduced, the downstream formic acid market is gradually rising, and the downstream procurement enthusiasm is good.

3、 Future forecast

The titanium dioxide analyst of business society believes that at present, the quotation of titanium dioxide market is strong, the domestic demand is good, and the transaction focus of new orders is shifted upward. Internationally, the demand for foreign trade is acceptable and there is no pressure in the short term. On the whole, the price of raw titanium concentrate rises, the price of sulfuric acid is relatively stable and the cost support is strong. It is expected that the price of titanium dioxide will be strong and upward in the short term, and the actual transaction price will be mainly discussed.

The high price of acetic anhydride fell

According to the data monitoring of business society, the price of acetic anhydride first rose and then fell in August, and the high price of acetic anhydride fell this week. As of August 19, the price of acetic anhydride was 9912.50 yuan / ton, down 0.88% from 10000.00 yuan / ton on August 12 at the beginning of the month.

Raw material cost stabilizes

As can be seen from the price trend chart of acetic acid, the price of acetic acid fluctuated and adjusted this week, and the price of acetic acid varied in various regions. The maintenance of acetic acid enterprises in North China still existed, and the price of acetic acid rose slightly. Affected by the epidemic, the logistics and transportation in East and South China were limited, the inventory backlog increased, and the price of acetic acid fell. The overall acetic acid market is dominated by just demand, the acetic acid market fluctuates and consolidates, both ups and downs coexist, and the overall cost of acetic anhydride is weak and temporarily stable.

Market overview and future forecast

Bai Jiaxin, acetic anhydride data analyst of business society, believes that affected by the epidemic, the transportation in East and South China is limited, and the inventory of acetic acid enterprises is overstocked, while the maintenance of acetic acid enterprises in North China is reduced, the price of acetic acid is weak and stable temporarily, the cost of acetic anhydride has a downward trend, and the market of acetic anhydride is weak and stable temporarily. However, the inventory of acetic anhydride enterprises is low and there is a maintenance plan. The supply of acetic anhydride is expected to decrease in the future, and the driving force for the rise of acetic anhydride in the future is large.

According to the data monitoring of the business agency, as of August 18, the average ex factory price of butanone in the domestic market was 9533 yuan / ton. Compared with August 16 (the reference price of butanone was 9433 yuan / ton), the average price increased by 133 yuan / ton, an increase of 1.09% during the week.

At the beginning of this week, on the 16th, some domestic butanone factories raised the ex factory price of butanone slightly. The quotation of butanone in different secondary markets in Shandong also increased sporadically, with an overall increase of 100-300 yuan / ton. The ex factory price of butanone in Shandong is around 9400-9800 yuan / ton, and the high-end quotation is around 10000 yuan / ton. In terms of supply, in mid August, I heard that the main butanone factories had equipment maintenance plans, the overall operating rate of butanone decreased, the supply of butanone in the yard also decreased, and the low inventory still supported butanone. However, in terms of demand, the boost of downstream demand is not obvious, and the market transactions remain cold, mostly just demand. Therefore, the butanone market has not continued to increase significantly since the slight rise at the beginning of the week. At present, up to the middle of this week, the butanone market as a whole has maintained a stable consolidation operation, and more attention needs to be paid to the actual transaction. As of August 18, the average ex factory price of butanone in the domestic market was 9533 yuan / ton. Compared with the beginning of this week, the average price increased by 100 yuan / ton, and the average price of butanone increased slightly by 1.09% during the week.

Upstream, in August, the price of domestic liquefied gas continued to rise. According to the data monitoring of the business agency, on August 12, the average price of civil gas in Shandong exceeded 5000 yuan / ton, with a reference of 5016.67 yuan / ton, and then the overall market operated at a high level. On August 17, the liquefied gas market in Shandong decreased slightly. On August 17, the reference price of liquefied gas was 4850 yuan / ton, an increase of 6.59% compared with August 1 (4550 yuan / ton).

Future analysis of butanone

At present, although the support of butanone supply is acceptable, due to the continuous shortage of demand, the action force of butanone market in the future is slightly insufficient. Butanone analysts of business society believe that in the short term, the domestic butanone market will mainly be consolidated and operated.