1、 Price trend

According to the monitoring of the bulk data of the business agency, the market of chloroform in Shandong was stable and weak in July. At the beginning of the month, the average price of chloroform in Shandong remained at about 2000 yuan / ton. Near the end of the month, the average price of chloroform dropped to 1900 yuan / ton, a decrease of 5% compared with the beginning of the month.

Production capacity and operation of the enterprise

Jinling, Shandong: 440000 tons / year, 80%

Dongying Jinmao 120000 tons / year parking

400000 tons / year

Jiangsu Liwen 160000 tons / year normal

Jiangxi Liwen: 120000 tons / year: 50%

The overall chloroform market in this month is mainly horizontal arrangement. The production start-up of enterprises is limited, and the inventory pressure is not high. Due to the high price of liquid chlorine of raw materials, the production cost of enterprises is high. However, the demand of downstream market is not good, and the price of chloroform continues to be stable. Near the end of the month, with the gradual recovery of enterprise production, the price of chloroform continues to decline. At present, the price quoted by Shandong is about 1900-1950 yuan / ton, Jiangxi Liwen is about 2300 yuan / ton, and Jiangsu is about 2650 yuan / ton.

In terms of upstream market, methanol market fluctuated downward, maintenance enterprises in Northwest China gradually recovered, enterprises and port inventory increased, spot price of methanol continued to decline, at present, about 1622 yuan / ton; liquid chlorine market was high, regional differences in enterprise start-up were large, regional market was affected by enterprise start-up, the current average price was about 700-900 yuan / ton.

On the other hand, the terminal demand of after-sales market of R22 downstream of trichloromethane is in general, the export is not good, and the domestic after-sales market has not improved significantly. Due to internal and external troubles, R22 manufacturers are under pressure to ship, and the market start-up is not high, at present, about 15000-16000 yuan / ton; pharmaceutical and agricultural diluents and other industries mainly purchase rigid demand, and support the chloroform market is flat.

Analysts of CH4 chloride data from business society believe that the current spot supply of chloroform market is increasing with the operating rate of enterprises, while the downstream refrigerant market is approaching the off-season, and the market demand will further decline. Under the high production cost of enterprises, it is expected that the chloroform market will remain weak and stable in a short time.

According to the data monitored by the business agency, today’s market comprehensive price is 13600.00 yuan / ton, and the domestic PC market is running in a weak position, and the price has decreased slightly, down 0.73% compared with the same period last week, down to 100 yuan / ton.

The focus of the domestic PC market is low, the downstream demand is insufficient, the upstream lacks good support, the wait-and-see atmosphere is strong, the negotiation atmosphere is cold, the center of gravity in South China moves down, and the negotiation is cautious. At present, the market price in East China is 12700-14500 yuan / ton, and the middle and high-end price is 14200-16000 yuan / ton. The latest price of the enterprise, Luxi Chemical 12900 yuan / ton, Lihua yiweiyuan 13500 yuan / ton, Shanghai Kesi 14400 yuan / ton, slow delivery.

The upstream market price of bisphenol continued to decline, with poor trading atmosphere and cold negotiation atmosphere. The reference price in East China market was around 9100 yuan / ton.

On July 27, the rubber and plastic index was 610 points, down 1 point compared with yesterday, 42.45% lower than 1060 (2012-03-14), and 15.53% higher than the lowest point of 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)

PC analysts of business agency believe: it is expected that the PC market will be stable and weak in the short term, and the decline is likely to continue. (the above prices are provided by major PC manufacturers all over the country and analyzed by business PC analysts for reference only. Please contact relevant manufacturers for more price details.)

In the second half of July, the polyethylene market did not rise and opened a downward channel. LLDPE, LDPE and HDPE in East China all showed different degrees of decline. According to the data monitoring of the business agency, the decline range of the three major PE varieties ranged from 50 to 450 yuan / ton, of which the decline of LDPE in East China was the most prominent, with a decrease of 3.18% during the period (7.16-27).

Average price range of regional varieties and specifications on July 16 and July 27

East China LLDPE 7042 7416.67 yuan / ton 7216.67 yuan / ton – 2.70%

LDPE 2426h 9037.50 yuan / ton ￥ 8750.00 yuan / ton – 3.18% in East China

HDPE 5000S 8300.00 yuan / ton ￥ 8100.00 yuan / ton – 2.41% in East China

In the second half of July, the PE market mainly fell. With the restart of Zhongtian and Zhongsha devices, the operating rate rose, and the market supply increased compared with the previous period. At this time, the downstream was in the off-season. Under the influence of social and public health events, the factory operating rate was low, the demand was general, and the enthusiasm of entering the market was not high. Liansu futures has an obvious downward trend, which affects the mentality of the spot market. Manufacturers have lowered the factory price, polyethylene trend is weak. Business mentality is general, follow the decline mainly.

In terms of supply, the supply pressure increased during the week (7.17-24), the average operating rate of PE enterprises increased by more than 3%, the output increased by 14000 tons, and the maintenance volume decreased by 21200 tons. In terms of demand, the downstream agricultural film operation rose by 0.3% month on month, and the operating rate this week was 18.1%, while the packaging film operation decreased slightly, ranging from 0.1% to 67.1%.

In terms of futures, the price of plastic futures rebounded due to the supply pressure of the spot market and the impact of macro sentiment. The main plastic contract rose 0.21% on Monday (July 20), and then showed a downward trend for four consecutive days. As of the end of Friday (July 24), the price of plastic futures fell 145 within the week.

At present, the weakness of futures has affected the mentality of the spot market, and the maintenance of petrochemical plants’ devices has gradually recovered. Recently, the market supply pressure has increased, the downstream demand is general, and the import volume is low. In the short term, the market is still expected to fall.

This week (7.20-24), the trend of domestic liquid ammonia market was divided, and the price of some regions went down by a large margin. For example, the price of Shandong, the main production area, dropped sharply, and Hebei followed the Shandong market. According to the monitoring of the business agency, in Shandong area, the drop rate of liquid ammonia is about 300 yuan / ton, and the mainstream market quotation is 2500-2700 yuan / ton. According to business agency monitoring, the decline in Shandong was – 5.23%

Specifically:

The price of liquid ammonia in Shandong Province dropped sharply this week, and some large factories reduced their quotation of 300 yuan / T this week. The main reason is that the temporary overhaul of the 800000 ton urea plant of the plant led to a large number of liquid ammonia shipment. Affected by the rising inventory pressure, the liquid ammonia in Shandong gradually accumulated, and the supply continued to increase, leading to a certain supply pressure for enterprises. In addition, the downstream rigid procurement is the main, and the seasonal off-season support for the market is insufficient, and the superimposed impact on the price is obviously lower.

In other regions, the trend of differentiation, regional reasons, Hebei region followed the Shandong market, the price of Shandong region went down, and Hebei market followed. The range is about 200 yuan / ton. Large factories are shipping normally. A small amount of Cangzhou units are currently being shipped. The liquid ammonia volume in the region maintains a basic balance between supply and demand. As of the end of the week, the quoted price is 2650-2800 yuan / ton. In Northeast China, the downstream purchasing strength is fair. Due to the maintenance of some large plants, the amount of ammonia in the region is reduced, and the price is relatively firm. Therefore, the price difference between Shandong and Hebei is about 200 yuan, and the current price is 2800-3000 yuan / ton.

In the future, the business agency believes that the trend of liquid ammonia market is divided this week, and the decline in Shandong is obvious, but most manufacturers have stabilized their prices on Friday. Prices have also bottomed out. It is expected that with the resumption of production of some urea plants in the market next week, the ammonia quantity in Shandong can be effectively controlled, and the price may stabilize and rebound. Other regions, such as Hebei, are also expected to rise. Affected by the balance of supply and demand, the price of liquid ammonia in Northeast and Northwest China is likely to maintain stability.

As of July 22, the average price of acetic acid in East China was about 2626 yuan / ton, up 12.57% compared with 2333 yuan / ton at the beginning of the month, and 17.44% higher than the same period of last month. At present, there are 2600-2650 yuan / ton in Shandong, 2550-2650 yuan / ton in Jiangsu, 2700-2800 yuan / ton in Zhejiang, 2350-2470 yuan / ton in Henan, 2550-2600 yuan / ton in Hebei and 2200 yuan / ton in Northwest China.

Unit capacity (10000 t / a) unit output (T / D)

Yankuang Guotai 110.3000

Hualu Hengsheng 50.1500

Yangtze BP 50 1000

Jiangsu Sopu 120 normal production

Jiantao, Hebei, 50.1400

Tianjin Bohai Chemical Co., Ltd. started 70% of the project

Henan Shunda 40.1400

Longyu, Henan 50.1000

Henan Yima 25 parking

Shaanxi Yanchang 30.1000

Shanghai Huayi 70.1800

Anhui Huayi 50.1300

Dalian Hengli 35.1100

At present, the overall supply of acetic acid Market in East China and North China has basically recovered. On July 21, Henan Longyu dropped the negative briefly, driving the price up slightly. Shandong Yankuang followed the rise, but other enterprises have not yet completed new orders. Therefore, the overall market price did not fluctuate greatly. In addition, the demand in the downstream market was weak, and the acetic acid spot supply was expected to increase, which resulted in insufficient support Due to the limited impact of logistics and transportation, the supply of goods in the region is limited, and the price of acetic acid is strong. With the arrival of ships in the near future, this situation will be alleviated, and the price is expected to be weak in the future.

In terms of the upstream market, the methanol market continued to soften, some maintenance units were resumed and restarted in the early stage, and the supply side was expected to increase in the near future; some downstream enterprises had high inventory, and the downstream market was weak in chasing high prices, and the overall transaction atmosphere turned weak, with the current price of about 1635 yuan / ton. In terms of downstream, the downstream industries of acetic acid, such as vinyl acetate and acetate, started in general, the demand of downstream market was limited, the market transaction was insufficient, and the situation of oversupply was intensified, which was negative for the price support of acetic acid.

In terms of international market, the supply of acetic acid Market in Asia gradually increased with the recovery of maintenance manufacturers, but the demand of downstream market was still in stock, with the current quotation of about 270-310 US dollars / ton; the European market demand was weak, and the transaction situation was not optimistic, about 540 Euro / ton; the North American market situation of oversupply continued, at present about 450 US dollars / ton.

The acetic acid analysts of the business society believe that the domestic acetic acid market is stabilizing, and the fluctuation of some enterprises’ devices has little impact on the overall supply. The market supply is sufficient, and the wait-and-see atmosphere in the industry is relatively strong. With the increase of supply expectation, the lack of support at the cost end and the low demand in the downstream, the acetic acid market is still likely to decline in the long run.