Trade name: titanium dioxide

Latest price: November 25: 20950 yuan / ton

Key points of analysis: on November 25, the domestic titanium dioxide market was mainly sorted and operated. The market demand for titanium dioxide is relatively light, the market inquiry is general, the market demand is poor, the transaction of new orders is weakened, traders are more cautious in taking goods, wait-and-see, mainly purchase on demand, and the price is light and stable.

It is expected that the titanium dioxide market will operate stably in the short term.

Trade name: diammonium phosphate

Latest price: 3590 yuan / ton

Key points of analysis: the price of diammonium phosphate was stable on November 24, which was flat compared with the previous trading day. At present, the market of diammonium is weak, and the market of winter storage is weak. The downstream receives goods cautiously, and the demand performance is poor. The mainstream factory quotation of 64% diammonium in Hubei is 3450-3600 yuan / ton, and the actual transaction can be negotiated.

Future forecast: the price of diammonium phosphate will run smoothly in the short term.

On November 23, the rare earth index was 755 points, up 3 points from yesterday, down 24.50% from the highest point of 1000 points in the cycle (December 6, 2011), and up 178.60% 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 rose, the prices of some domestic light rare earth praseodymium neodymium series rose, the price of praseodymium neodymium oxide rose by 5000 yuan / ton to 792500 yuan / ton, the price of praseodymium neodymium metal rose by 5000 yuan / ton to 965000 yuan / ton, the price of praseodymium oxide rose by 10000 yuan / ton to 845000 yuan / ton, the price of neodymium oxide rose by 5000 yuan / ton to 822500 yuan / ton, and the price of metal praseodymium was 1.08 million yuan / ton, The price of neodymium metal is 990000 yuan / ton, dysprosium oxide is 2920000 yuan / ton, dysprosium ferroalloy is 890000 yuan / ton, and dysprosium metal is 3780000 yuan / ton. The price trend of domestic light rare earth market is rising, and the recent procurement is general. The price trend of dysprosium Series in domestic heavy rare earth market is stable, the price of terbium series is maintained, and the downstream procurement is mainly on demand. Myanmar prohibits export, It is expected that the domestic rare earth market price may rise slightly in the later period.

The latest p value price of ethylene glycol on November 22 was 5240 yuan / ton.

In terms of inventory, as of November 22, the total inventory of ethylene glycol in the main ports of East China was 542700 tons, a decrease of 46600 tons, a decrease of 7.91%, and 2300 tons, a decrease of 0.42%, compared with last Thursday.

On November 19, the spot price of ethylene glycol in East China market was 5050 yuan / ton, down 5 yuan / ton compared with the previous trading day and 279 yuan / ton compared with last week.

In terms of devices, Shenhua Yulin 400000 T / a ethylene glycol plant was successfully put into commissioning on November 21, and the output of ethylene glycol was qualified.

Crude oil is still under pressure. Although the manufacturer’s production cost has decreased after the coal price has decreased, the terminal weaving industry has poor willingness to buy goods, limited orders, and the loss of MEG made of coal and MTO has deepened. PTA market presents a state of continuous accumulation. The short-term supply side is loose and the pattern is difficult to change.

Forecast: supply is expected to increase and MEG fluctuates at a low level.

The methanol market fell deeply this week. Due to the decline of coal price and the weakening of methanol cost support, Baofeng and other olefin enterprises sold methanol away, and some methanol units were restored, the supply side was abundant. In the middle of the week, the quotations of major manufacturers were successively reduced, and the price adjustment range was 100-200 yuan / ton, resulting in the continued downward price focus of the domestic methanol market, difficult transaction volume and cautious market mentality.

According to the monitoring data of business agency, from November 12 to November 19, the average price of domestic methanol production enterprises fell from 3056 yuan / ton to 2748 yuan / ton. During the cycle, the price fell by 10.09%, 34.37% month on month and 44.87% year-on-year.

As of the closing on November 19, methanol futures of Zhengzhou Commodity Exchange rebounded strongly and fell in the late trading. The main contract ma2201 closed at 2600 yuan / ton, up 58 yuan / ton compared with the closing of the previous trading day.

Summary of methanol market prices in various regions as of November 19:

Region, price

Qinghai region 3500 yuan / ton factory withdrawal cash exchange

Shanxi region 2380-2630 yuan / ton

Liaoning region 2950-2980 yuan / ton

Fujian region 2800-2850 yuan / ton

Lianghu area About 2750-2950 yuan / ton

Anhui region About 2660-2700 yuan / ton

Henan region 2550 yuan / ton

The price of methanol industrial chain products mainly fell, the coal price of methanol upstream products fell slightly, the price of natural gas was stable, and the support for methanol cost was weak; Among the downstream products, the price of formaldehyde in Shandong decreased the most; Among related products, the price of Shandong ethylene glycol decreased the most.

Comparison chart of coal / steam coal (upstream raw material) – methanol price trend of business community:

Comparison chart of natural gas (upstream raw material) – methanol price trend of business community:

In terms of external market, as of the closing on November 18, the closing price of CFR Southeast Asia methanol market was USD 445.00-446.00/t. The closing price of US Gulf methanol market is 133.50-134.50 cents / gallon; The closing price of FOB Rotterdam methanol market is 367.00-368.00 euros / ton.

region ., Country, closing price, up and down

Asia CFR Southeast Asia USD 445.00-446.00/t USD 0 / ton

Europe and America American Gulf 133.50-134.50 cents / gallon 0 cents / gallon

Europe FOB Rotterdam 367.00-368.00 euros / ton 0 euro / ton

The macro level may continue to be weak, and the price of steam coal may have limited support for the cost of methanol. In terms of fundamentals, the supply side is relatively abundant and the demand side has little change. Methanol analysts of business society expect that the domestic methanol market will be depressed in the short term.