According to the price monitoring of the business agency, since the middle of December, the domestic cocoon and silk market has risen slightly. As of December 22, the average price of raw silk market was 315000 yuan / ton, which was 3.45% higher than that of December 15, and 15.27% lower than that of December 15; the average price of dried cocoon market was 94250 yuan / ton, 1.89% higher than that on December 15 and 23.99% lower than that on December 15. At present, the price of dried cocoon is 93500 yuan / ton in Guangxi, 320000 yuan / ton in raw silk, 95000 yuan / ton in Jiaxing, 310000 yuan / ton in Jiaxing;

Under the influence of the epidemic situation, domestic and international procurement slows down, domestic silkworm pupa inventory continues to increase, some wholesalers with large inventory are selling inventory at a loss, and the price of pupa will continue to fall. The loading price of fresh pupae in Guangxi factory is generally 10500-11500 yuan / ton for Grade A, 9500-10500 yuan / ton for Grade B, and 8500-9500 yuan / ton for grade C. The middle price of basic loading is 9000-10000 yuan / ton. Dry and wet pupae a 4600 yuan / ton, B class 4200 yuan / ton. Feed dried silkworm pupa 7200-7500 yuan / ton.

In terms of silk wool, the price of cocoon lining cotton is about 270000 per ton, and that of upper cocoon cotton is about 320000 per ton. Under the influence of the number of reeling factories in Guangxi and online sales, the price difference between Cocoon lining cotton and cocoon cotton has continued to narrow.

Recently, due to the good atmosphere of downstream market, the inventory pressure has been reduced. At the same time, the Spring Festival orders are prepared in advance, and some textile enterprises just need to replenish the warehouse, which has played a certain role in boosting the silk price. However, in general, the textile market returned to light in December. After the order tide of double 11, double 12 and Christmas season, the follow-up orders were insufficient. Textile factory procurement or with the use of buy, the traditional off-season textile enterprise start-up rate has declined. At the same time, overseas outbreaks have repeatedly made it difficult to boost demand, and India, Europe and the United States and other countries have insufficient export demand.

Business agency analysts believe that in late December, the textile industry demand characteristics of the off-season will continue to highlight, enterprises are still faced with flat production and sales, reduced profits, financial constraints and other conditions. With a strong wait-and-see attitude, rigid demand procurement has limited support for cocoon and silk prices, and the industry’s off-season impact on the future cocoon and silk prices may weaken in a narrow range.

1、 Price trend

The comprehensive price of potassium chloride is temporarily stable this week. The average price of potassium chloride mainstream comprehensive quotation this week is 2160 yuan / ton. Overall, this week’s potassium chloride market temporarily stable, December 18 potassium chloride commodity index was 68.57.

2、 Market analysis

This week, the quotation of mainstream manufacturers of potassium chloride is temporarily stable: the ex factory offer of Qinghai Salt Lake potassium chloride at the weekend is 2020 yuan / T, which is temporarily stable compared with the beginning of the week; the quotation of Anhui Badou potassium chloride distribution at weekend is 2300 yuan / T, which is temporarily stable compared with the beginning of the week. The actual turnover of potassium chloride market this week is not good. Overall, the main contradiction in the market is that supply exceeds demand, the trading atmosphere is cold, the downstream procurement is mainly on demand, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride market is stable.

3、 Future forecast

In late December, the overall trend of potassium chloride market or small fluctuations. The market of potassium chloride is facing the pressure of three mountains, namely, the large stock in Hong Kong, the weak demand and the downward trend of international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. Potassium chloride analysts of the business club believe that the short-term potassium chloride market is mainly composed of high-level consolidation under the influence of supply and demand and raw materials.

According to the price monitoring of the business agency, the domestic spandex market remained stable this week. As of December 18, the average ex factory price of 40d was 41400 yuan / ton, which was flat compared with the beginning of the week, with a year-on-year increase of 29.78%. Around 90% of the spandex industry started, the supply of manufacturers gradually stabilized. The cost end main raw material PTMEG was strong, and pure MDI was weak. The downstream market buying was not high, and the trading atmosphere was general.

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

20D 30D 40D

Zhejiang 46000-50000 45000-47000 37000-39000

Shandong 48000-50000 45000-48000-38000-40000

Fujian 48000-50000 45000-48000-38000-40000

Jiangsu 46000-50000 45000-47000-37000-39000

The price of raw material PTMEG is stable. At present, the mainstream quotation of 1800 molecular weight goods source is 18000-19000 yuan / ton, and the actual price negotiation is 17500-18500 yuan / ton. 80% of the industry started operation, and the load of some factories decreased slightly. Specifically, in the 40000 ton plant shutdown in Yizheng Dalian, the load of 46000 ton unit in Chongqing Chiyuan Chemical Industry Co., Ltd. decreased slightly by 70%, and the load of 46000 ton unit in Sichuan Tianhua slightly decreased. The pure MDI market is running smoothly, and the offers of the cargo holders are temporarily stable. The market reference is 23000-24000 yuan / ton telegraphic transfer in barrels, and the actual order is subject to negotiation. In December 2020, the listing price of pure MDI in barrels of Wanhua chemical was 28000 yuan / ton, which was the same as that in November, and the settlement price in November was 27500 yuan / ton.

After the double 11, 12 and Christmas season orders, the textile market returned to light in December, and the follow-up orders were insufficient. The enthusiasm of taking goods in the terminal market is not high, the overall market purchasing pace is slowing down, and the atmosphere of market observation is strong. But spring festival orders in advance, some textile enterprises just need to replenish the warehouse. In the field of circular knitting machine, 56% was started, while in the field of warp knitting, about 70% was started. In the traditional textile market, in recent years, the local transactions of the fabrics with fashionable features such as nylon polyester, nylon cotton, cotton brocade and polyamide polyester elastic, nylon cotton elastic and cotton brocade elastic fabrics with spandex silk are relatively smooth, and the subscription is mainly in small quantities and varieties.

Business agency analysts believe that the current high level of spandex market finishing, spot supply is basically stable. The supporting role of the cost side still exists, and the downstream terminal market is purchased on demand, and the atmosphere of market observation is strong. In the past years, after the new year’s day, textile enterprises began to decline gradually. After the winter order digestion, the demand side will gradually show a downturn. It is expected that the price of spandex will maintain stable operation in the short term, and there is a risk of falling back in the future market.

1、 Price trend of propylene oxide

(Figure: P value curve of propylene oxide product)

2、 Market analysis

On December 17, propylene oxide market rose. As of December 17, the average price quoted by propylene oxide enterprises was 17333.33 yuan / ton, up 1.96% compared with the previous trading day, 0.97% higher than that at the beginning of the month, and 2.07% lower than that of November 17, according to the data of the bulk list of business associations.

Most Po manufacturers in Shandong Province had a negative trend. The overall supply of the market was temporarily tight. The middle and lower reaches of the market maintained rigid demand for procurement. The factories were generally under no pressure, and the new single offer rose. At present, the mainstream quotation of propylene oxide in Shandong is around 17100-17200 yuan / ton.

Upstream propylene, on December 15, the market price of propylene in Shandong remained stable. According to the price chart of business agency, the price of propylene rose continuously in late November, increasing by more than 12%. From the end of the month to the beginning of the month, the price was stable again. On the 4th, the price rose by about 450 yuan / ton from the 3rd to the 8th, up by 5.90%. On the 9th, the price was fully stable. On the 10th, some enterprises made up for the increase, and some enterprises’ prices fell slightly. On the 11th, the price began to decline twice, and on the 14th, it had dropped 200-250 yuan / ton. Today, the price was mainly stable, and the market transaction was at 7 Between 850 and 8150 yuan / ton, the mainstream price is about 7900 yuan / ton. At present, the manufacturer’s inventory pressure is not big, the propylene plant shut down in the North has not been restored, and the shipment situation is ordinary.

For downstream propylene glycol, according to the monitoring data of the business agency, as of December 16, the factory price of domestic industrial grade propylene glycol was 10633.33 yuan / ton, which was 15.83% lower than the price at the beginning of the month. For downstream soft foam polyether, the market of soft foam polyether in Shandong Province rose on December 17, the price of raw material propylene oxide went up, the cost pressure increased, manufacturers’ offer passively followed the trend of positive shipping, At present, the mainstream quotation of common soft foam polyether market in Shandong is around 17200-17500 yuan / ton.

3、 Future forecast

The propylene oxide analysts of the business club believe that at present, the load of some production enterprises is not high, the inventory is low, and the middle and lower reaches just need to follow up. It is expected that in the short term, the propylene oxide market will mainly run at a high level, and more attention should be paid to the market information guidance.

1、 Price trend of formic acid

(Figure: P value curve of formic acid products)

2、 Market analysis

Recently, the domestic industrial grade 85% formic acid market has risen. According to the data of the business club, the average price quoted by formic acid enterprises as of December 16 was 2300 yuan / ton, up 2.99% compared with last Wednesday (December 9), and increased by 11.29% on a three-month cycle. In the near future, the price of raw materials has risen steadily, and the cost side has certain support. Affected by the factors of supply reduction, the price of formic acid has increased.

According to the business agency data monitoring: recent summary of some enterprises formic acid prices. The ex factory quotation of industrial grade 85% formic acid of Zhangzhou San’an Chemical Co., Ltd. is 2400 yuan / ton, that of Jintan local industrial supply and Marketing Co., Ltd. is 2600 yuan / ton, that of Shandong tashuo Chemical Co., Ltd. is 2400 yuan / ton, and that of Jinan jinrihe Chemical Industry Co., Ltd. is 2300 yuan / ton, Henan bafoss chemical products Co., Ltd. (Shandong Luxi) industrial grade 85% formic acid quoted 3200 yuan / ton, (Yangzi BASF) industrial grade 85% formic acid quoted 4400 yuan / ton, (domestic) industrial grade 94% formic acid quoted 6400 yuan / ton, the quotation is for reference only, the merchant spot price is subject to the market, the actual transaction price is mainly negotiated.

For the upstream caustic soda, on December 15, the price of caustic soda in Shandong was temporarily stable, and the mainstream ex factory price of 32% caustic soda was 400-530 yuan / T. the downstream purchasing demand was general, and there was a certain conflict with the current caustic soda price. It is expected that the follow-up or narrow range of caustic soda consolidation will be weak. The domestic liquid ammonia Market in the upstream region rose mildly last week (12.7-12.11), and there were differences in Hebei and Shandong from the beginning of the week to the middle of the week According to the monitoring of the business agency, the increase was 0.52% in Shandong, and the mainstream market quotation was 3000-3200 yuan / T; for the upstream sulfuric acid, on December 15, the sulfuric acid Market in Shandong was temporarily stable, while the sulfur market in the upstream was rising slightly, with good cost support, but the downstream purchasing enthusiasm was the same, the supply of sulfuric acid was normal, and the factory price of sulfuric acid in the future market fluctuated slightly; the upstream methanol, according to the monitoring of the business agency, was stable Data show that as of December 15, the average price quoted by enterprises was 2210 yuan / ton, up 5.49% compared with the beginning of the month.

According to the price monitoring of the business agency, on December 15, 2020, there were 16 kinds of commodities in the chemical industry sector, among which one commodity increased by more than 5%, accounting for 1.1% of the total number of commodities monitored in this plate; the top three commodities were nitric acid (8.77%), R134a (4.17%) and crude benzene (3.15%). There were 21 kinds of commodities falling on a month on month basis. The top three products were acetone (- 3.46%), phthalic anhydride (- 2.85%) and styrene (- 2.49%). The average rise and fall was – 0.01%.

3、 Future forecast

Formic acid analysts of the business community believe that in the near future, the supply of market supply has decreased, and the demand for formic acid in the downstream industry is fair. Affected by the relationship between supply and demand, it is expected that the formic acid market will be mainly stable in the short term, and more attention should be paid to market news guidance.