1、 Price trend

According to the bulk data list of business agency, the average price of domestic phosphoric acid on December 24 was 5316.67 yuan / ton, which was the same as the previous day, up 23.17% compared with the same period last year. On January 8, the phosphoric acid commodity index was 116.21, unchanged from yesterday, down 9.89% from the highest point in the cycle of 128.96 (2019-07-25), and up 27.49% from the lowest point of 91.15 on October 13, 2016. (Note: cycle refers to 2011-09-01 to now)

2、 Market analysis

Product: the phosphoric acid market is in a weak and stable operation in the near future. The support of yellow phosphorus at the raw material end is weakened, the downstream rigid demand is limited, the actual trading is average, the enterprise’s goods are acceptable, and the market is weak as a whole. According to the monitoring of the business association, as of January 9, the average market price of 85% industrial purified water phosphoric acid was about 5316.67 yuan / ton, and the mainstream price was about 4700-5700 yuan / ton. The enterprise adjusted the price according to itself.

Industrial chain: in recent years, the phosphorus ore market has continued to maintain stable consolidation, weak operation, and the supply of goods is basically normal. It is estimated that the phosphorus ore market will not improve in a short period of time, and it is still weak and stable. Under the condition of low start-up rate, yellow phosphorus spot is tight, and the adjustment space of yellow phosphorus is still limited near the end of the year.

Industry: according to the price monitoring of the business agency, there are 11 kinds of commodities in the list of rise and fall of bulk commodity prices on January 8, 2020, among which the top three commodities are bisphenol A (4.94%), acetic acid (2.01%) and toluene (1.64%). There are 8 kinds of commodities with a month on month decline, and the top 3 products were sodium metabisulfite (- 3.79%), ethyl acetate (- 3.39%) and butanone (- 2.59%). The average price of this day is 0.02%.

3、 Future forecast

According to the phosphoric acid analyst of business and social chemical branch, at present, the price of phosphoric acid is mainly stable and consolidated, the support of raw material end is limited, and the terminal demand is general. Near the end of the year, it is expected that the price of phosphoric acid is still mainly stable and stable, so it is difficult to improve.

1、 Price trend

According to the data of the commodity list of business association, the formaldehyde Market in Shandong Province rose slightly on January 8, 2020. The average price of formaldehyde on January 7, 2020 was 1046.67 yuan / ton, and the average price of formaldehyde on January 8, 2020 was 1053.33 yuan / ton, an increase of 0.64%. The current price is 8.80% lower than last year.

2、 Market analysis

Products: the market price of formaldehyde in China has risen slightly. As of August 8, the main factory quotation of Hebei is about 980 yuan / ton, that of South China is about 1180 yuan / ton, that of Shandong is about 1000 yuan / ton, and that of Jiangsu is about 1180 yuan / ton. The annual output of 120000 tons formaldehyde plant in Linyi Yinhe, Shandong Province has been restarted, with the formaldehyde content of 36.7-37%. Hebei Kaiyue formaldehyde plant of 400000 tons / year was shut down for maintenance. Formaldehyde manufacturers are affected by environmental protection control device maintenance, formaldehyde market supply inventory decreased, the price slightly increased.

Industrial chain: in recent days, the domestic methanol market has stopped falling and rebounded; in terms of main production areas, Guanzhong general has increased by 20-30 yuan / ton to 1780-1860 yuan / ton, with smooth shipment and most enterprises stopping selling; the Northern Line of Inner Mongolia has concentrated at 1730-1750 yuan / ton; Hebei, Shandong, Shanxi, Henan and other places have also kept pace with the increase. Support formaldehyde. The downstream market started to be sluggish, with general demand. The price of formaldehyde increased slightly while the rigid demand for procurement was maintained.

3、 Future forecast

Recently, methanol in the upstream continues to rise, and the production cost of formaldehyde enterprises increases. However, due to the impact of environmental protection, the operating rate in the downstream is general, procurement is limited, and the delivery pressure of formaldehyde manufacturers is large. Therefore, formaldehyde analysts of the chemical branch of the business society expect that the domestic formaldehyde price or low level consolidation is the main trend in the near future.

On January 6, the fluorite commodity index was 101.56, unchanged from yesterday, down 20.34% from 127.49 (2019-01-03), the highest point in the cycle, and up 106.38% from 49.21, the lowest point on December 18, 2016. (Note: cycle refers to 2011-09-01 to now)

According to statistics, the price trend of domestic fluorite is temporarily stable. As of the 7th day, the average price of domestic fluorite is 2894.44 yuan / ton. In recent years, the domestic fluorite device has been started normally, the mine and flotation device in the field have been started normally, the supply of fluorite in the field has been normal, and the price of hydrofluoric acid in the downstream has increased slightly in recent years. For the purchase on demand in fluorite market, the goods in the fluorite field are generally sold, and the price trend of fluorite market is temporarily stable. In the near future, the downstream units are under normal operation, the spot supply of fluorite in the site is normal, and the downstream demand of the terminal is not getting better, which leads to the market price maintaining volatility. As of July 7, the price of 97 fluorite wet powder in Inner Mongolia was 2600-2800 yuan / ton, that of 97 fluorite wet powder in Fujian was 2600-2900 yuan / ton, that of 97 fluorite wet powder in Henan was 2600-2900 yuan / ton, and that of 97 fluorite wet powder in Jiangxi was 2600-3000 yuan / ton. The price trend of fluorite was stable temporarily.

The price trend of hydrofluoric acid Market in the downstream of fluorite has been fluctuating. As of the 7th day, the price of hydrofluoric acid Market in China was 10240 yuan / ton. The price fluctuation of hydrofluoric acid market has a certain positive impact on the upstream fluorite market. However, in recent years, the operation of hydrofluoric acid plant is general, and the demand for fluorite is normal, and the price of fluorite has been fluctuating at a low level. In the near future, the transaction market of the downstream refrigerant market of the terminal is temporarily stable. At present, the automobile industry has entered the cycle of goods preparation. The supply of R22 in China is tight. The price trend of R22 in the domestic refrigerant market is volatile. The starting load of the manufacturer’s production units is still not high, and the supply capacity of the market’s source of goods has declined. The downstream air-conditioning manufacturer has maintained, but the demand has not changed much, but the supply is tight. The price of large domestic enterprises is mainstream Up to 13500-14500 yuan / ton. The price trend of domestic R134a market is temporarily stable, and the unit operating rate of production enterprises remains at a low level. At present, the automobile industry has entered the stock cycle, and the demand for R134a has slightly improved. At present, the supply of R134a in the market is a little tight, the price remains volatile, and the downstream market changes little. In addition, the recent price fluctuation of hydrofluoric acid market, the fluorite market may be supported by favorable conditions.

On the whole, the market of the downstream refrigerant industry has not changed much, and the supply of fluorite in the north is a little tight. In addition, the market price trend of hydrofluoric acid is temporarily stable in the near future. Chen Ling, an analyst of the business agency, thinks that the market price of fluorite may be stable.

1、 Price trend

According to the data of the business club’s large list, the market trend of powdered monoammonium fell slightly this week. The price at the beginning of the week was 1916 yuan / ton, and the price at the weekend was 1906 yuan / ton, down 0.52%.

2、 Market analysis

Products: at present, 55% of the factory price of powdered ammonium in Hubei Province is 1800-2000 yuan / ton, 60% of the mainstream factory price of powdered ammonium is 1950-2100 yuan / ton, and some of the enterprises have equipment maintenance. The market in Henan Province has maintained stable operation. The ex factory quotation of 55% ammonium powder is 1800-1950 yuan / ton. The price of 55% powdered ammonium in Shandong Province is 1850-2000 yuan / ton, which is stable. The factory quotation of 55% powdered ammonium in Sichuan is 1850-2000 yuan / ton.

Industry chain: the market price of upstream raw phosphate rock is stable this week, and the volume of new single transaction is acceptable. The domestic price of sulfur remained stable. The demand of downstream compound fertilizer enterprises for monoammonium is still weak.

3、 Future forecast

Analysts of monoammonium phosphate of business association think that the demand for monoammonium of compound fertilizer enterprises is flat, and the demand follow-up is insufficient. It is expected that the weak market of monoammonium phosphate will run in the later stage.

1、 Price trend

According to the data of the business club’s large scale list, the weak trend of this week’s pure benzene is lower. The listing price of pure benzene on Friday is 5500-5950 yuan / ton, down 1.02% from 5700-5950 yuan / ton on Friday. The highest price of this week is from Monday to Wednesday, and the price is 5700-5950 yuan / ton.

2、 Analysis and comment

1. Product: the port inventory of pure benzene this week is higher than that of last week. There is pressure on the delivery of Shandong local refining Co., Ltd. and the price has been lowered successively. With the increase of market arrivals, the expectation of merchants began to weaken and the market mentality was short. However, it is heard that Zhejiang Petrochemical has produced pure benzene, but it has not been sold to the outside world. It is reserved for trial run of styrene, which to some extent supports the price of pure benzene.

2. Crude oil: this week, the price of oil rose and fell, rising slowly, but falling sharply. Although oil prices ended in a light decline on the last day of 2019, the annual increase was still the largest in three years. Compared with December 27, WTI fell 0.81%, Brent fell 2.46%.

3. Downstream industry: the downstream profit level continues to be explored, the demand is weak, and the overall mentality is pessimistic.

Styrene continued to decline this week, down 1.61%. This week, the styrene market was light in terms of trading, mainly in terms of internal supply and contract issuance.

This week coincided with new year’s day, before and after the festival, aniline factory price cut to stimulate shipment, week down 2.53%.

3、 Future forecast

1. Crude oil: next week, affected by the situation in the Middle East, the oil price is likely to pick up next week, but the upward pressure is large.

2. Market: the port inventory rose for two consecutive weeks, and the downstream profit level continued to be worrying, so the market mentality was weak. Near the end of the year, it is necessary to pay attention to the transportation problems in the later period and the impact of low price of hydrogenated benzene on pure benzene.

In a comprehensive consideration, Sinopec has the possibility of lowering the listing price, and it is expected that pure benzene will continue to weaken slightly next week.