According to the data monitored by the business community, as of January 22, the average price of domestic rubber grade high-grade silica was 4700.00 yuan / ton. This week, the market was running smoothly, the downstream just needed to purchase, and the demand did not increase significantly. The overall supply and demand of the market was balanced, and the quotation range was maintained between 4000-5000 yuan / ton, with smooth delivery and sufficient inventory.

Domestic rubber grade silica market is mainly stable operation, contract orders, just need procurement, procurement atmosphere is flat, the number of new orders is limited, and most of them are mainly discussed. At present, the shipment is smooth, the negotiation atmosphere is general, the merchants take the goods carefully, and the shipment is slow. The latest enterprise price is Shandong Lihua 4600 yuan / ton, Boai xiang4200 yuan / ton, Shandong Shouguang 5300 yuan / ton

In the upstream hydrochloric acid market, the quotation of manufacturers is temporarily stable, the trend is mainly stable, the purchasing enthusiasm is general, the trading atmosphere is maintained at the early level, and the hydrochloric acid market is mainly stable in the short term.

On January 21, the chemical industry index was 844 points, up 1 point from yesterday, down 16.93% from 1016 points (2012-03-13), the highest point in the cycle, and up 41.14% from 598 points, the lowest point on April 8, 2020. (Note: period refers to the period from December 1, 2011 to now)

Business community silica analysts believe that: in the short term, the silica market maintains a stable operation, and the price fluctuation range is limited. (the above prices are provided by major silica manufacturers all over the country and sorted out and analyzed by business silica analysts. They are for reference only. Please contact relevant manufacturers for more details.)

The domestic acetic acid market continued to rise due to the impact of enterprises’ burden reduction and downstream centralized goods preparation. As of January 20, Shandong, Jiangsu, Zhejiang, Henan, Hebei, northwest and South China had 4150-4250 yuan / ton, 4200-4300 yuan / ton, 4200-4500 yuan / ton, 4200-4300 yuan / ton, 3700 yuan / ton and 4200-4300 yuan / ton respectively Yuan / ton, up 7.17% over the same period last week.

Enterprise, plant capacity (10000 tons / year) plant output (tons / day)

Yankuang Cathay 110 3000

Hualu Hengsheng 50 1400

Yangtze BP 50-1300

Jiangsu Sopu ﹣ 120 ﹣ 3600

Celanese 120 2000

Hebei Jiantao 50 1000

Tianjin Bohua Group Co., Ltd

Henan Shunda 40 parking

Henan Longyu ﹣ 50 ﹣ 1500

Henan Yima 25 parking

Shaanxi Yanchang 40 normal production

Shanghai Huayi 70-1800

Anhui Huayi 50 1300

Dalian Hengli 35 1300

Recently, the domestic acetic acid market continued to rise. Affected by the reduction of enterprise maintenance burden and downstream centralized goods preparation, the spot supply of acetic acid market was reduced, and the trade in the industry was in good condition. It was difficult to find one product in some areas, and it was difficult to effectively make up the supply side gap in a short time.

The domestic methanol market has been adjusted in a volatile manner. The rebound of market quotation is not large, the downstream acceptance intention is not strong, and the futures market is in a narrow range. It is expected that the domestic methanol market will be consolidated in the short term. At present, the price in Shandong is about 2360 yuan / ton. On the downstream side, the acetate Market was greatly affected by the cost support, the terminal market gradually entered the preparation period, and the market trading performed well.

Acetic acid analysts of business news agency believe that at present, the domestic acetic acid market performs well at both supply and demand sides, and the downstream centralized goods preparation is expected to last until the end of the month. It is difficult for the supply side to have a large growth in a short period of time. It is expected that the acetic acid market will be strong in the near future.

1、 Trend analysis

This week, copper prices surged. By the end of the week, the spot copper price was 59670 yuan / ton, up 0.28% from 59503.33 yuan / ton at the beginning of the week, 2.96% from the beginning of the year, and 21.69% from the same period last year. This week, LME’s copper trend in March was weak. As of Friday, the Asian market closed at US $8010, down 0.92%; this week, the Shanghai copper index moved down, closing at 58690 yuan, down 2.69%. This week, the international copper index closed at 52200 yuan, down 2.85%.

At present, the basic supply and demand of copper market are neutral, and the suppression of epidemic situation on demand still exists. The short-term copper supply is still tight, and the processing fee is still at an absolute low level. Although the output will recover this year, most of the new capacity projects will be put into operation in the second half of the year. However, Malaysia’s tightening control measures will affect China’s imports of recycled copper in the first quarter.

At the end of the year, large-scale smelters continued to have high output, and the output of refined copper increased steadily. In December, China’s copper imports continued to decline on a month on month basis, but the import scale of the whole year in 2020 set a record. In the near future, with the coming of the off-season, the downstream demand may weaken marginally, but the total stock of the exchange is at a low level, reducing 8657 tons to 73685 tons. The current fundamentals support is limited, copper prices are expected to maintain short-term volatility weak trend.

International oil prices fluctuated at a high level, gasoline prices rose slightly, and the overall start-up load of MTBE plant was still at a low level, which promoted the price rise of domestic MTBE market. According to the data of business news agency, the price of MTBE on January 15 was 4500 yuan / ton, up 3.85% from the beginning of the week.

This week, the international crude oil market was frequently positive. The international oil price fluctuated at a high level. WTI crude oil price rose by 2.55% and Brent crude oil price rose by 0.77%. In terms of gasoline demand, the cold weather in winter increases the willingness to travel by car. In addition, the price of domestic refined oil increases for five consecutive years, resulting in the increased willingness to trade in the terminal of refined oil market and the rising price of gasoline market.

The price of crude oil and gasoline is rising, and the market industry is bullish. In addition, the overall operating load of MTBE plant is still at a low level, and the operating rate of the plant is about 41%. With the downstream demand, the spot supply in the market continues to be tight. On the whole, MTBE manufacturers are willing to push up.

MTBE product analyst of business society energy branch said: it is expected that the international oil price will remain high in the short term, and the Spring Festival holiday is approaching, so the price of refined oil is expected to continue to rise. MTBE prices are expected to continue to rise.

According to the price monitoring of the business society, the domestic spandex market price remained volatile in January. As of January 15, the average ex factory price of 40d spandex was 43500 yuan / ton, up 5.07% from the beginning of the month and 36.36% year on year. The start-up of the industry is around 90%, and the inventory of manufacturers is low. Affected by the cost support and tight supply, the factory price continues to rise. The actual transaction needs to be discussed in detail. However, the enthusiasm of the terminal market to get goods is general, and the atmosphere of watching the market is strong.

Current mainstream price statistics of spandex market (unit: yuan / ton)

20D 30D 40D

Zhejiang 48000-50000 46000-48000 38000-43000

Shandong Province: 48000-52000 46000-50000 38000-43500

Fujian 48000-52000 46000-50000 38000-43500

Jiangsu Province: 48000-50000 46000-48000 38000-40000

The price of raw material PTMEG continues to be very high in the market. At present, the mainstream quotation of 1800 molecular weight source is 19500-20500 yuan / ton, and the actual negotiation is 19000-19500 yuan / ton. Around 780% of the industry started operation and maintained stable operation. Specifically, in Yizheng Dalian’s 40000 ton plant shutdown, Sichuan Tianhua’s 46000 ton plant load slightly decreased, and Chongqing Chiyuan chemical’s 46000 ton plant load slightly decreased by about 70%. The decline of pure MDI market is slowing down, the supply of imported barreled goods is tight, and most of the goods holders hold steady offer. The current market refers to the wire transfer of 20800-21500 yuan / ton for barreled goods, and some of the barreled goods are tight, which is subject to the actual negotiation. In January 2021, the listing price of pure MDI barrels of Wanhua chemical was 24000 yuan / ton, which was 4000 yuan / ton lower than that in December 2020. In December 2020, the settlement price was 23500 yuan / ton, down 4000 yuan / ton month on month.

The downstream terminal market buys on demand, and the overall market maintains a cautious wait-and-see attitude. It is heard that there will be a holiday from the middle and late ten days to the end of the month. Although the local government is also encouraging people to stay in the local area for the Spring Festival, generally speaking, most of the workers are willing to return home. We are cautious about the market in the first half of next year, and some manufacturers hand over some export orders in the early stage, so the pace of production and sales is acceptable. At present, about 55% of the circular knitting machines are started at a lower level, and about 68% of the warp knitting machines are started at a lower level.

Business analysts believe that the cost side of good support is not reduced, spandex market supply is not abundant, part of the batch number is still tight, inventory remains low, so the price remains high. However, downstream manufacturers are cautious, and with the Spring Festival approaching, the demand may gradually decrease, so in the short term, the price of spandex market will remain volatile and warm.