According to the data monitored by the business agency, as of July 21, the average price quoted by domestic premium DMF enterprises was 5133.33 yuan / ton. The market price of DMF rose steadily, the price increased, and the focus of negotiation shifted upward. Compared with the same period last month, the price of DMF increased by 7.32%, 5.12% compared with the same period last week, and 2.67% higher than that of July 20, with an increase of about 400 yuan / ton.

As of July 21, Luxi Chemical Industry quoted 5100 yuan / ton, Zhangqiu Riyue 5200 yuan / ton, Hualu Hengsheng 5400 yuan / ton, Anyang Jiutian 5200 yuan / ton, Shaanxi Xinghua 5250 yuan / ton, Guangdong 5650 yuan / ton, Jiangsu Province Regional 5400 yuan / ton, Zhejiang 5500 yuan / ton, East China market 5350-5500 yuan / ton, South China market 5500-5700 yuan / ton.

The upstream methanol is running weakly and stably, mainly on demand purchase, insufficient gas purchase, little inquiry, and different mentality of traders. At present, South China, East China, Northeast China, stable operation, Hebei, Shanxi and other regions show a downward trend.

On July 20, the chemical index was 658 points, unchanged with yesterday, 35.24% lower than 1016 points (2012-03-13), and 10.03% higher than 598 points, the lowest point on April 8, 2020. (Note: period refers to 2011-12-01 to now).

DMF business agency analysts believe: in the short term, DMF market prices rise narrowly, the focus of the negotiations moved up. (the above prices are provided by major DMF manufacturers all over the country and analyzed by business DMF analysts for reference only. Please contact relevant manufacturers for more price details.)

1、 Price trend

The factory price of octanol in Shandong Province fell this week. This week, the average price of octanol mainstream factory quotation in Shandong decreased from 7116.67 yuan / ton at the beginning of the week to 7016.67 yuan / ton at the end of the week, a decrease of 1.41%, and a year-on-year decrease of 8.48%. Overall, octanol market fell this week, with the octanol commodity index of 51.59 on July 17.

2、 Market analysis

From the manufacturer’s quotation, the main octanol manufacturers in Shandong Province dropped their factory quotations this week: Jianlan Chemical Co., Ltd. quoted 7100 yuan / ton of octanol at the end of this week, which was temporarily stable compared with the beginning of the week; lihuayi’s offer of octanol was 6900 yuan / ton at the end of this week, which was 200 yuan / ton lower than that at the beginning of the week; Hualu Hengsheng’s offer of octanol was 7050 yuan / ton at the end of this week, which was 100 yuan lower than that at the beginning of the week/ Tons.

Judging from the upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol fell slightly this week, with the quotation falling from 6781.82 yuan / ton at the beginning of the week to 6728.18 yuan / ton at the end of the week, a decrease of 0.79%, and a decrease of 15.33% compared with the same period last year. Upstream raw material market prices fell, affected by the supply and demand side, had a negative impact on octanol prices.

Octanol downstream market, DOP factory price fell this week. DOP quotation fell from 7166.67 yuan / ton at the beginning of the week to 7033.33 yuan / ton at the end of the week, a decrease of 1.86%, and a year-on-year decrease of 7.05%. Downstream customers’ enthusiasm for octanol procurement declined, octanol demand was general, and the decline of DOP price had a negative impact on octanol market. After the market operators more watch the trend of DOP.

3、 Future forecast

In late July, the market trend of octanol in Shandong was mainly fluctuating and falling. The upstream propylene price fell slightly, the cost support was weak, the downstream DOP market began to fall, and the downstream purchasing enthusiasm was weak. Octanol analysts believe that: in late July, under the influence of supply and demand and raw materials, the octanol market in Shandong may decline slightly.

1、 Price trend

According to the monitoring of commodity data, the price of Yungui yellow phosphorus increased this week. At the beginning of the week, the average price of yellow phosphorus was 14600 yuan / ton, and the average price of weekend was 15000 yuan / ton. During the week, the price increased by 2.74%.

2、 Market analysis

The price of yellow phosphorus rose this week. The price of yellow phosphorus continued to rise, compared with last week, the price of yellow phosphorus rose faster this week. The spot supply in the market is tight, the downstream purchasing heat is not reduced, the market transaction situation is good, there is no lack of high price orders. At present, the market quotation in Yunnan is about 14500-14800 yuan / ton. The mainstream quotation in Guizhou is about 14800-15000 yuan / ton. The price of yellow phosphorus in Sichuan is about 14500-15000 yuan / ton. At present, the situation of yellow phosphorus driving around the country is general, and the manufacturers are mainly issuing early orders. The spot supply in the market continues to be tight, and the manufacturers intend to raise the price.

In terms of raw materials, domestic phosphate ore is mainly in stable operation this week. The price of phosphate rock in Guizhou remained stable, and the low-end price was lower than that of last week. Youxin’s new orders were less, and the shipment volume was average. At present, the quotation of 30% phosphate rock in Guizhou is 280-340 yuan / ton. This week, the mainstream price of Panzhihua coke (secondary metallurgical coke) was 2030 yuan / ton, which was flat compared with the previous trading day, and increased by 100 yuan / ton compared with the same period last month. The market in Southwest China was relatively stable. According to the latest data released by the National Bureau of statistics on July 16, 2020, China’s coke output was 40.17 million tons, a year-on-year decrease of 4.2%, an increase of 1 percentage point compared with the previous month. From January to June in 2020, China’s coke output was 228.69 million tons, a year-on-year decrease of 2.5%, and the decrease rate was 0.3 percentage points lower than that of January March.

In terms of demand, the downstream phosphoric acid market demand is good. Phosphate market demand is general, enterprises maintain orders of old customers mainly, the demand for yellow phosphorus is general.

3、 Future forecast

Chemical branch of the business club yellow phosphorus analysts believe that the price of yellow phosphorus this week. At present, the situation of yellow phosphorus start-up in various regions is general, the manufacturers mainly issue early orders, and the spot supply in the market is tight, and downstream manufacturers have many high price orders. It is expected that the price of yellow phosphorus will continue to rise in the short term.

According to the data monitored by the business agency, as of July 14, the average price of domestic rubber grade white carbon black was 4566.67 yuan / ton, and the domestic silica kept stable operation, general demand and low inventory.

Domestic rubber grade silica market as a whole maintains stable operation, with low inventory, tight spot supply, general transaction atmosphere, normal shipment, no obvious improvement in downstream demand. Just in need procurement is given priority to, and goods are taken carefully. Silica is mainly divided into precipitation method and gas phase method. At present, the price of fumed silica is about 22000 yuan / T, which belongs to the high-end product of silica, and will be affected by the same situation in 2020 Due to the influence of public events, orders are greatly reduced, domestic demand for fumed silica is low, and the pressure of shipment increases.

The upstream hydrochloric acid keeps stable operation, the trading atmosphere is flat, and the supply and demand balance is maintained at present. In the short term, the hydrochloric acid market still maintains a stable trend. On July 14, the hydrochloric acid commodity index was 94.74, up 1.32 points compared with yesterday, 5.26% lower than the cycle’s highest point 100.00 (2011-09-12), and 426.92% higher than the lowest point of 17.98 on September 05, 2012. (Note: period refers to 2011-09-01 to now).

On July 13, the chemical index was 664, which was the same as yesterday, decreased by 34.65% from the highest point of 1016 (2012-03-13), and increased by 11.04% from the lowest point of 598 on April 8, 2020. (Note: period refers to 2011-12-01 to now)

White carbon black analysts believe that: in the short term, silica market stable operation, prices will not have a particularly big change. (the above prices are provided by major silica manufacturers all over the country and sorted out and analyzed by business silica analysts for reference only. Please contact relevant manufacturers for more price details.)

Domestic methanol market rose slightly. According to the price monitoring of the business agency, the domestic methanol market price was 1635 yuan / ton at the beginning of the week, and 1657 yuan / ton at the weekend, with an increase of 1.38% during the week. The price was 0.45% higher than that of the same period last month, and the price was 22.91% lower than that of the same period last year.

This week, the performance of the mainland and port markets is different. Due to the strong performance of some equipment maintenance markets in Northwest China, manufacturers’ inventory pressure is not great, and the futures prices are rising, so the enterprise offers are actively following up. On the port side, after the spot price rises, the downstream is short of receiving high price goods The demand side is affected by factors such as rainy season and stricter environmental protection, and the traditional downstream start-up is not as expected. Although the profit of MTO is fair, the start-up is still at a low level compared with the same period last year. Some manufacturers still plan to repair in July.

In terms of industrial chain, formaldehyde: this week, the domestic formaldehyde market showed an upward trend. Mainly based on the strong pull up of upstream raw materials, the cost of purchasing raw materials of formaldehyde enterprises increased, supported by this, the offer of formaldehyde enterprises passively followed up. The terminal demand side continued to be affected by high temperature and rain, and the starting load continued to be low. Therefore, the demand for formaldehyde did not increase significantly, and was not affected by the rising market of formaldehyde on the supply side.

Acetic acid: domestic acetic acid market rose sharply this week. At the beginning of the month, all manufacturers concentrated on delivery of contract sources, and the spot supply in the market was relatively tight. When Jiangsu Sopu and Shanghai Huayi units stopped at the end of last week, the acetic acid market lost 4800 tons per day. However, when the downstream demand was stable, the acetic acid market passively formed a situation of short supply. The inventory quantity of each manufacturer was low, which pushed up the price gradually.

Dimethyl ether: the domestic dimethyl ether market continued to rise this week, and the transaction atmosphere improved. Among them, the main production areas in Henan Province showed a particularly obvious rise, with the prices of mainstream enterprises such as BMW and xinlianxin rising continuously, with an increase of 70 yuan / ton during the week. At present, the inventory pressure of enterprises is generally not strong. Under the psychological influence of buying up and not buying down, the intention of terminal goods preparation is improved, and the overall transaction situation is active.

On the whole, methanol is constrained by high inventory, and supported by cost and crude oil. Methanol analysts of business agency expect that the domestic methanol market will maintain a narrow adjustment in the short term.