According to the data monitored by the business community, as of September 8, the average price of domestic general transparent superior PMMA was 17050.00 yuan / ton, the price remained stable, contract customers purchased on demand, the overall PMMA market operated stably, the quotation range of mainstream manufacturers remained about 17000 yuan / ton, the focus of negotiation was stable, the downstream just needed to purchase, the transaction atmosphere was flat, and the weak and stable operation was maintained in the short term.

Domestic PMMA maintains stable operation with limited price fluctuation range, mainly for contract customers and just needs to be purchased in the downstream. At present, it is in off-season sales. The transaction atmosphere is general, the fluctuation range is limited, the negotiation atmosphere is flat, the upstream raw materials are weak, the negotiation focus is low, the early trend is maintained in the short term, and the upstream phenol Market is rising in a narrow range, At present, the offer of the mainstream quotation area is 9350 yuan / ton in East China, 9300-9350 yuan / ton in Shandong and Yanshan surrounding areas, 9400-9450 yuan / ton in South China. The unit operating rate is normal. It is expected to be stable, medium and strong in the short term. The quotation range of the upstream acetone in East China is about 6150-6250 yuan / ton. The purchase enthusiasm is general and the willingness to prepare goods is not obvious, Maintain the early trend in the short term.

Upstream acetone commodity index: on September 7, the acetone commodity index was 66.41, unchanged from yesterday, down 45.57% from the highest point of 122.02 in the cycle (2020-06-16), and up 117.24% from the lowest point of 30.57 on April 8, 2019. (Note: the period refers to the period from September 1, 2011 to now)

Rubber and plastic commodity index: on September 7, the rubber and plastic index was 800 points, up 3 points from yesterday, down 24.53% from the highest point of 1060 points in the cycle (2012-03-14), and up 51.52% from the lowest point of 528 points on April 6, 2020. (Note: the period refers to the period from December 1, 2011 to now)

PMMA analysts of business agency believe that PMMA is expected to maintain stable operation in the short term, mainly contract customers, and the transaction of new orders is limited. (to get more information about goods and to grasp the price of commodities, welcome to subscribe to the business community through the official account of the business community, the market is the opportunity).

The quotations of major manufacturers increased significantly. The hurricane in the United States led to the temporary shutdown of foreign MDI devices, and the relative shortage of supply gave rise to the bullish sentiment of traders. However, the downstream slightly resisted the high price, the traders’ shipment was not smooth, and the market entered a high consolidation period.

According to the sample data monitored by the business community, from August 30 to September 7, the market price of domestic aggregated MDI increased from 18825 yuan / ton to 20500 yuan / ton, with a price increase of 8.90% in the cycle, a price increase of 4.73% month on month and a year-on-year increase of 23.31%.

Although the market price has increased broadly, with the poor shipment in the trade link, there is no lack of low prices in the venue. At present, some factories reduce supply, some factories ship normally, the operators have a tangled mentality in the future, and some traders mainly ship with them.

The price of raw material pure benzene rose because the arrival of the ship was delayed and coincided with the delivery period at the end of the month. The market buying was active, driving the price stronger. The supply and demand fundamentals of pure benzene are expected to improve, and the inquiry is positive, driving the continuous rise of spot and far month prices.

The raw aniline market rose and fell. Tianji and Yantai Wanhua units returned to normal, which had a strong negative impact on the market. Affected by environmental protection policies, the downstream construction decreased, the demand for aniline weakened, and the northern aniline Market operated weakly and weakened slightly during the week.

In terms of enterprises, part of the 200000 t / a MDI plant in Dongcao, Japan will be overhauled on September 2, but the rest will be overhauled in mid September for about 45 days. It is expected that the plant will be put into production in late October; The 13 + 70000t / a unit operates normally. Zhejiang Ruian 80000 T / a MDI unit officially resumed production on September 1.

In the future, business community aggregation MDI analysts expect that the domestic aggregation MDI market is dominated by high-level consolidation.

According to the price monitoring of business club, the current price of domestic PTA continued to strengthen slightly today (September 6). The average price in the spot market was 4884 yuan / ton, with a single day increase of 0.14% and a year-on-year increase of 35.55%. The main futures 2201 closed 4908, up 12 or 0.25%.

In terms of supply, Sinopec’s 1.2 million ton PTA plant was shut down on August 6, 2021 and restarted on September 6. Honggang Petrochemical’s 2.4 million ton unit is scheduled to be overhauled on September 7, with half of its capacity in about 10 days. At present, the operating rate of PTA industry is around 81%.

In terms of raw materials, concerns about increased supply remain, and the pressure on oil prices is weakening. As of September 3, the settlement price of the main contract in the U.S. WTI crude oil futures market was reported as USD 69.29/barrel, and the settlement price of the main contract in Brent crude oil futures market was reported as USD 72.61/barrel. Cost side support is relatively limited.

As there is no significant improvement in the demand of the terminal market, the polyester market trading in the downstream Jiangsu and Zhejiang regions is relatively flat, and the operating rate of the polyester industry is around 84%, so the PTA demand performance is relatively weak. The price remains stable. The quotation of mainstream factories in Jiangsu and Zhejiang is temporarily stable, of which the quotation of polyester POY (150D / 48F) is 7250-7400 yuan / ton.

Business analysts believe that today, boosted by the maintenance of the unit, the PTA price increased slightly, but the production capacity of the new unit moved up, and the PTA in the follow-up maintenance plan decreased and the PTA supply increased. Due to the superposition, it is difficult to significantly improve the start-up of the downstream polyester unit. As the supply will increase and the demand side performance is relatively weak, PTA social library is in a slightly accumulated inventory state, and PTA prices are expected to operate in a weak and volatile manner. In the near future, attention should be paid to the start-up of domestic demand for terminals in the traditional peak season in September.

The price of ethylene oxide remained stable this week, and the price in East China was 7800 yuan / ton.

Upstream, ethylene prices in Northeast Asia rose today, mainly driven by hurricanes in the United States (expected to affect about 6.4 million tons of ethylene production capacity, accounting for 16% of the total production capacity in the United States) and concerns about the epidemic situation in Asia, as well as the steady rise of crude oil, which provided strong support for the cost side. For EO production enterprises that export ethylene, the supply of raw ethylene is insufficient, and they may face delayed start-up or low load operation. According to the current ethylene price, the profit margin of ethylene oxide is about 400 yuan. In terms of downstream monomers, the market generally has a low willingness to receive goods, the demand side continues to be weak, the contradiction between supply and demand increases, monomers sell goods at a profit, while the terminal continues to lower the price, resulting in a continuous decline in the monomer market. At present, the monomer market price is mostly around 8600-9000, and the market looks hollow step by step.

It is temporarily stable in the short term and is expected to weaken in the middle and later period.

According to the data monitoring of business agency, the price of industrial grade and battery grade lithium carbonate rose rapidly this week, and the rising range was increasing. On September 2, the average price of industrial grade lithium carbonate in East China was 122000 yuan / ton, which was 8.93% higher than that in early Zhou (the average price of industrial grade lithium carbonate in East China was 112000 yuan / ton on August 29). On September 2, the average price of battery grade lithium carbonate in East China was 128800 yuan / ton, which was 8.97% higher than that in early Zhou (the average price of battery grade lithium carbonate in East China was 118200 yuan / ton on August 29). As of September 2, the comprehensive quotation of industrial grade lithium carbonate market is about 113000 ~ 134000 yuan / ton, and the comprehensive quotation of battery grade lithium carbonate market is about 123000 ~ 140000 yuan / ton.

By observing the market changes, the price of lithium carbonate continued to rise rapidly this week, and the rising range was increasing. The current price can be in the violent stage. The rising price is due to the rising price of raw materials of upstream lithium ore, which drives the cost increase. Then Pilbara will hold a second auction in September, which will also affect the subsequent development of lithium carbonate price. Second, at present, the supply of lithium carbonate is relatively tight and the market demand is increasing. September October may be two months after the production jump after the downstream production capacity is put into operation, and the tension between supply and demand may become serious.

Downstream domestic industrial lithium hydroxide prices rose strongly, raw material prices rose, costs were under pressure, market supply and demand performed well, and prices continued to rise. In terms of lithium iron phosphate, the recent price is stable, the focus of negotiation is high, the supply and demand is balanced, the downstream just needs to purchase, and the transaction atmosphere is cautious.

On September 1, the lithium carbonate commodity index was 303.69, up 11.21 points from yesterday, down 25.03% from the highest point 405.10 in the cycle (2018-01-07), and up 208.19% from the lowest point 98.54 on October 16, 2014（ Note: period refers to the period from September 1, 2011 to now)

The lithium carbonate analyst of business society believes that the current market demand for lithium carbonate is very tight, and the orders of some enterprises in September have been negotiated and sold. With the amplification effect of downstream expansion, the demand for lithium salt will continue to increase, and the price of lithium carbonate is expected to continue to rise in the short term.