1、 Price trend

According to the business news agency’s block data list, the average price of domestic hips on June 11 was 12700 yuan / ton, down 1.8% from the beginning of the week, 4.03% from the beginning of the month, and 9.29% from the beginning of the month.

2、 Market analysis

This week, the price of hips market continued to weaken and the center of gravity moved down. Recently, raw material styrene has been running weakly, and the cost support has gradually declined. In addition, the downstream demand has not improved, and there is still a need to purchase just before the festival, and there is no obvious large-scale volume. The shippers are looking for the good by reducing the price and shipping. However, the overall trading atmosphere of the market is relatively light, which leads to the downward adjustment of hips price and the downward trend of GPPS price. On the whole, the PS market is running weakly. Up to now, the mainstream price of hips is around 12300-13400 yuan / ton, the reference price of Guangzhou Petrochemical 660 is 12400 yuan / ton, the reference price of Zhanjiang Zhongmei 990 is 12300 yuan / ton, the reference price of Shanghai Secco 622 is 13400 yuan / ton, and the reference price of CITIC Guoan 688 is 13000 yuan / ton.

In the international crude oil market, on June 10, the international oil price rose. The settlement price of the main contract in the US WTI crude oil futures market was US $70.29/barrel, up 0.33 US dollars or 0.5%. Brent crude oil futures market settlement price of the main contract at 72.52 U.S. dollars / barrel, or 0.30 U.S. dollars or 0.4%. The US economic data released on Thursday showed positive results. The number of unemployed Americans in the United States dropped to the lowest level since the first wave of COVID-19 last year. The confidence of the market in anticipation of economic recovery boosted oil prices.

In terms of raw materials, the Styrene Market in North China continued to fall on June 11. Qingdao refinery and Qilu Petrochemical quoted 8950 yuan / ton today. On the cost side, crude oil continued to be strong, and the price of pure benzene fell. The maintenance unit of pure benzene has been restarted, and the supply has rebounded, but the low inventory level will continue, and the gap between supply and demand will remain. In the short term, the price of pure benzene and pure benzene is relatively strong. At present, the futures and spot price of styrene has fallen to near the cash flow, and the cost side has become the main support point. Styrene is expected to weaken in the short term. We still need to pay attention to the trend of crude oil and pure benzene, plant dynamics and downstream demand changes.

3、 Future forecast

According to the business news agency, recently, the support of the cost side has gradually declined. Just before the Dragon Boat Festival, the downstream still needs to purchase, and there is no obvious large volume. The cost and demand are both weak, and the shippers give up profits to ship. It is expected that the hips market will be hard to find in the short term, or it may be further reduced.

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).