Price trend

According to the data of the business club’s block list, the domestic PA66 market fluctuated in early June, and the spot prices of various brands fluctuated. As of June 10, the average offer price of PA66 medium viscosity injection molding sample enterprises was about 39500 yuan / ton, a decrease of 0.25% compared with the average price at the beginning of the month, and a rise of 110.11% compared with the same period last year.

Cause analysis

Upstream adipic acid, since the domestic spot price fell sharply last month, adipic acid market was in a horizontal stalemate in the first ten days of this month. Under the influence of relatively weak demand, the price lost its direction. In terms of operating rate, adipic acid enterprises maintain a high load, enterprise inventory gradually increases, and supply pressure time may be prolonged. It is expected that the price of adipic acid is easy to fall but difficult to rise, and the stalemate may continue in the short term.

Adipic acid raw materials run sideways, PA66 cost side support still exist, the recent PA66 market continued to supply and demand two weak pattern and narrow volatility. The overall operating rate of domestic PA66 industry is still not high, and some devices of Henan Shenma and other enterprises are still under maintenance. On site cost support and supply side support are still in place, but it is in the off-season of the rubber and plastic industry, the end-user consumption is shrinking, and the purchasing power is insufficient. In addition, the wait-and-see atmosphere is strong, the high price source of goods is contradicted, and the merchants’ shipment follows the market, and the negotiation is loose. I heard that the recent inquiries are limited, the actual orders are mainly small, and the market atmosphere is not active.

Future forecast

Analysts from business news agency said: in early June, the dual pressure pattern of high cost and shipping resistance in domestic PA66 market did not improve, and the profit situation of polymerization enterprises and end users was poor. Low consumption in the off-season, weak market atmosphere, weak supply and demand, weakening production capacity loss and upstream cost support. PA66 market is expected to continue weak trend in the short term.

Trade name: br 9000

Latest price (June 9): 11930 yuan / ton

Key points of analysis: according to the monitoring of the business society, the domestic price of cis-1,4-polybutadiene rubber was 11930 yuan / ton on the 9th, which was the same as the previous day. First of all, Shunding factory down, business offer low adjustment. According to the monitoring of the business agency, as of June 9, the ex factory price of Qilu Shunding of Sinopec North China sales branch was 11500 yuan / ton; Secondly, since the first ten days of May, natural rubber has entered the downward channel again, and the price has fallen below 13000 yuan / ton, which is bad for the whole rubber market atmosphere. According to the monitoring of the business association, as of June 9, the price of natural rubber was 12850 yuan / ton. Finally, the price of butadiene has rebounded sharply since June, with strong cost support. According to the business news agency, as of June 9, the price of butadiene was 8163 yuan / ton, up 9.44% from 7458 yuan / ton at the beginning of June

Future forecast: there is a certain support for the rise of raw materials, but the demand is slightly general. It is expected that the butadiene rubber market will be stable in the short term.

International crude oil prices fell slightly. On June 8, asphalt futures closed at 3162 yuan / ton, down 3.36%. At present, the asphalt spot market is mainly stable. According to the monitoring data of the business agency, as of June 8, the average spot price of domestic asphalt was 3280 yuan / ton, up 3.04% month on month and 44.18% year on year.

On June 7, Sinopec’s Asphalt price in southern China rose, driving up the market atmosphere, but the actual demand of the market was limited, and the decline of asphalt futures market price also had a certain suppression effect on the spot market.

As of June 8, the factory quotation summary of main asphalt manufacturers in Shandong Province:

Enterprise, device, price

HSBC petrochemical A set of 2.3 million T / a atmospheric and vacuum distillation unit is expected to be overhauled until mid to late April 3200 yuan / ton

Jincheng petrochemical 1500 tons per day / Kelida There are two sets of atmospheric and vacuum distillation, one set of 3.2 million tons / year atmospheric and vacuum distillation and one set of 1.2 million tons / year atmospheric and vacuum distillation 3280 yuan / ton

Dongming Petrochemical A set of 3 million tons / year atmospheric and vacuum distillation unit intermittently produces asphalt, and the unit is converted to residual oil, with a daily output of 2500-3000 tons in normal production 3850 yuan / ton

Shenchi chemical / / The actual rigid demand is general, and part of it is mainly for the demand of goods preparation. According to the prediction of the asphalt analysts of the business community, the asphalt spot market is mainly for short-term consolidation.

According to the data monitored by the business agency, the average ex factory tax price of domestic light potassium carbonate was 6720.00 yuan / ton at the beginning of the week, and 6740.00 yuan / ton at the end of the week, up 0.30%. The current price is up 0.79% month on month and 7.84% year on year.

Recently, the domestic potash market is rising. Potash market supply is tight, most traders are reluctant to sell, control the source of goods. Potash trading market is in a state of supply less than demand, and the market continues to rise. According to the statistics of the business agency, the mainstream ex factory quotation range of domestic industrial grade potassium carbonate this week is about 6400-7000 yuan / ton (the quotation is for reference only), and the quotation is different according to the different procurement situation.

Recently, the quotation of potassium chloride mainstream manufacturers is at a high level: on June 4, the potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operated normally. The ex factory quotation is about 2400 yuan / ton, the quotation is temporarily stable, and the actual transaction price is mainly through negotiation. On June 4, Anhui Badou Chemical Co., Ltd. quoted about 2650 yuan / ton for potassium chloride distribution, which was temporarily stable. The actual transaction price was mainly through negotiation. Recently, the potassium chloride market was consolidated at a high level, the port inventory was limited, the traders were reluctant to sell, and the price remained high.

Analysts of potassium carbonate from business news agency believe that the domestic potassium chloride market is in a state of holding up the market and reluctant to sell in the near future, the market supply is tight, the center of gravity continues to move up, and the cost support is good. It is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to wait and see（ The above prices are provided by the main manufacturers of potassium nitrate all over the country and sorted out and analyzed by the potassium carbonate analysts of the business society. They are for reference only. For more price details, please contact the relevant manufacturers for consultation).

According to the data monitoring of business news agency, the average price of domestic EVA market was 20466.67 yuan / ton on May 30 and 19666.67 yuan / ton on June 4, with a decrease of 3.91% in the week and 1.17% compared with March 30. This week, EVA manufacturers and market quotations were reduced to varying degrees.

As of June 4, EVA ex factory quotation is as follows:

product manufactor model Ex factory price

EVA yanshan petrochemical 18J3 19600 yuan / ton

EVA Beijing Organic Y2022 19500 yuan / ton

EVA Beijing Organic Y2045 19500 yuan / ton

EVA BASF Yangzi V5110J 19900 yuan / ton

This week, some EVA petrochemical enterprises lowered the ex factory price, the market offer followed the decline, and the overall market trend was weak. At present, the price of hard material is 20000-20300 yuan / ton, and that of soft material is 20400-20600 yuan / ton. The overall weak trend of EVA market is mainly affected by the demand. At present, it is in the off-season demand for foaming materials, and the release of new production capacity in the market has brought a certain impact. Petrochemical enterprises are generally stable, but some are still down. Multi dimensional downstream procurement has strong demand and general enthusiasm to enter the market, so it is difficult to improve the overall turnover of the market. Business mentality pessimistic, prices follow the decline.

EVA production enterprise device dynamic:

product manufactor Production capacity (10000 tons / year) Device dynamics

EVA yanshan petrochemical twenty On May 16, the company started production of high pressure diesel engine

EVA Beijing Organic four Production started on May 16

EVA Ningbo Formosa Plastics seven point two Now I’m driving

EVA BASF Yangzi twenty Normal production

In the international crude oil market, on June 3, the international oil price was frozen and stable, and the price did not change much. The settlement price of the main contract in the US WTI crude oil futures market was 68.81 US dollars / barrel, down slightly by 0.02 US dollars. Brent crude oil futures market settlement price of the main contract at 71.31 U.S. dollars / barrel, down 0.04 U.S. dollars. Oil prices rose significantly for two consecutive trading days before, and stopped rising on Thursday, mainly due to a sharp drop in U.S. crude oil inventories last week, but an unexpected rise in refined oil inventories.

Ethylene market, June 3, Asian ethylene market quotation, CFR Northeast Asia quotation 1022-1030 US dollars / ton, CFR Southeast Asia quotation 967-975 US dollars / ton. Recently, ethylene prices in Asia are mainly stable. On June 3, oil prices rose significantly for the previous two consecutive trading days. Oil prices stopped rising on Thursday, mainly due to a sharp decline in US crude oil inventories last week, but an unexpected rise in refined oil inventories. The settlement price of the main contract in the US WTI crude oil futures market was US $68.81/barrel, down slightly by US $0.02. Brent crude oil futures market settlement price of the main contract at 71.31 U.S. dollars / barrel, down 0.04 U.S. dollars. Affected by the high price of upstream crude oil, ethylene market may rise in the later stage.

Generally speaking, the market lacks obvious positive support at present. Affected by the traditional sales off-season, the terminal demand is weak, the enthusiasm of downstream market entry is limited, the transaction atmosphere is difficult to improve, and the shipping pressure of merchants is large. It is expected that the price of EVA market will not improve or continue to be weak in the short term.