The price of acetic anhydride stopped falling and rose again

According to the monitoring data of business society, the price of acetic anhydride plummeted in July. Since late July, affected by rainstorm and maintenance of acetic acid enterprises, the cost of acetic anhydride has increased and the price of acetic anhydride has risen again. As of August 12, the price of acetic anhydride was 10000.00 yuan / ton, up 2.83% from 9725.00 yuan / ton on August 1 at the beginning of the month.

Rising raw material costs

As can be seen from the price trend chart of acetic acid, the decline of acetic acid stopped and picked up in August, and the price of acetic acid rose slightly. In late July, affected by the rainstorm, the operation of acetic acid enterprises in Henan was basically normal, but the transportation was limited and the price of acetic acid increased; In August, many acetic acid enterprises entered the maintenance period, and at the same time, in response to the needs of epidemic prevention and control, as of August 12, the entrances and exits of 93 expressway toll stations in Nanjing, Huai’an, Yangzhou, Taizhou, Nantong, Suzhou, Xuzhou, Zhenjiang, Lianyungang and other regions of Jiangsu Province had been temporarily closed one-way or two-way. All regions in China have correspondingly strengthened transportation restrictions and management. Transportation restrictions and enterprise maintenance have a dual impact. The regional changes of acetic acid market are different, and the overall acetic acid price fluctuates and rises.

Market overview and future forecast

Bai Jiaxin, acetic anhydride data analyst of business society, believes that the limited transportation of acetic acid Market in August accumulated the impact of enterprise maintenance, the price of acetic acid fluctuated and rose, the cost of acetic anhydride rose again, and the price of acetic anhydride rose in response. Overall, the recent acetic acid market is strong, and the price of acetic anhydride is expected to rise. In the long run, with the increase of acetic acid enterprises, the price of acetic acid is expected to decline, and the cost of acetic anhydride is expected to decline. The high price acetic anhydride of downstream customers is more resistant, and the price of acetic anhydride is more bearish in the long run.

On the 11th, the domestic polysilicon market was stable, and today’s polysilicon material price changed little compared with the beginning of the week. Some individual quotations are still on the high side, but there are few high-level transactions. At present, domestic polysilicon manufacturers have signed orders in September, and some large manufacturers have signed them. Trading volume declined slightly. At present, the operating rate of domestic polysilicon manufacturers has little change, and the shortage of goods is alleviated compared with that in the early stage. Up to now, most domestic silicon manufacturers mainly operate normally. With the manufacturer’s resumption of early maintenance, the market supply pressure is relieved. The shipment speed of downstream silicon wafers decreased, and the price of silicon wafers changed little last week. Today, central disclosed that the quotation of silicon wafers was increased, and the cost increased slightly. In the later stage, it may continue to provide support for silicon materials. According to the monitoring of business society, the mainstream transaction price of polycrystalline silicon with the model of primary solar material in China is 95000-120000 yuan / ton, and the mainstream range of monocrystalline silicon material is about 200000 yuan / ton.

Note: the above prices are tax inclusive

Trade name: chloroform

Latest price (August 10): 2925 yuan / ton

Key points of analysis: according to the monitoring of business society, the price of chloroform in Shandong was 2925 yuan / ton on the 10th, down 1.76% from the previous day. On the one hand, the hot weather is about to pass, the domestic refrigerant market is weak, domestic sales and foreign trade are not ideal, the demand for refrigerant is weak, the purchase of chloroform is weak, and the demand is weak; On the other hand, after the early decline in the price of chloroform, the decline risk of chloroform has been greatly released, and the recent decline has gradually narrowed. In addition, the low price of raw liquid chlorine has rebounded slightly, and the cost side has stopped falling. There are signs of stabilization of chloroform in the short term.

Future forecast: business analysts believe that the cost side has stopped falling and rebounded slightly, but the demand side is still weak. It is expected that the chloroform market will be weak and narrow consolidation in the later stage.

At the beginning of the week, the domestic adipic acid market was stable, the quotation of domestic dealers was generally stable, the inventory pressure was normal, and the transaction was general.

East China: the adipic acid market is stable, the price has little change compared with last weekend, and dealers generally sell goods at a profit. The price of pure benzene in the upstream continues to decline, the manufacturer’s cost pressure is relieved, and the cost support is weakened. There is a certain bargaining space for the price, and the demand side has not been greatly improved. The downstream is cautious in taking goods, mainly purchasing on demand, and the transaction is in a stalemate. Today, the mainstream prices in the market are: the acceptance price of Shandong source of goods is 10700-10800 yuan / ton, and the acceptance price of Jiangsu source of goods is 10800-10900 yuan / ton.

South China: the price of adipic acid remains stable. At present, the market performance is weak, and dealers generally sell goods at a profit. Cost side: the price of upstream pure benzene continues to decline, and the cost support is weakened. Demand side: the downstream is cautious in taking goods and purchasing on demand. The transaction is slightly weaker than that in the previous weeks. Today, the mainstream market price is: the acceptance price of Shandong source of goods is 10800-11000 yuan / ton, and the acceptance price of Jiangsu source of goods is 10850-11050 yuan / ton. The downstream is mainly just in need of procurement.

Forecast: the market is expected to be weak and stable in the near future.

Note: the above prices are tax inclusive

On August 6, 2109, the main contract for the opening of petroleum asphalt futures, closed up 2.92%, with a good rise. According to the monitoring data of business agency, as of August 6, the average spot price of domestic asphalt was 3413 yuan / ton, with a month on month decrease of 1.95% and a year-on-year increase of 33.86%.

In the spot asphalt market, with the improvement of the weather, the downstream has resumed normal construction, and the demand is slowly recovering and improving. At present, the international crude oil price has dropped significantly, the asphalt futures spot market is relatively resistant to decline, and there are even signs of a narrow recovery.

At present, the operating rate of the whole asphalt industry is low, and the supply of goods is good for the future. The asphalt analysts of the business society expect that the domestic asphalt spot market is expected to be dominated by high-level consolidation in the near future.