1、 Price dynamics:

The quotation of Shijiazhuang Refining & Chemical Co., Ltd. is 5450 yuan / ton, and that of Qilu Petrochemical Co., Ltd. is 5450 yuan / ton,

Yangba offers 5700 yuan / ton,

Guangzhou Petrochemical offers 5500 yuan / ton,

Changling refinery offers 5800 yuan / ton,

Shandong Jingbo Petrochemical offers 5850 yuan / ton.

2、 Fluctuation trend:

3、 Analysis and comments:

In terms of crude oil, the United States lifted travel restrictions on tourists from 33 countries; Oil and gas production in the Gulf of Mexico has not fully recovered; The market is worried about the tight supply caused by the continued decline of U.S. crude oil inventories.

During the festival, the atmosphere of toluene market was light. The market lacks favorable guidance, and the toluene market continues to be weak after the festival.

Domestic cobalt prices stopped falling and rebounded

According to the data monitoring of business agency, the domestic cobalt price stopped falling and rebounded on September 17, and the domestic cobalt market recovered. On September 17, the cobalt price was 374800.00 yuan / ton, an increase of 1000 yuan / ton or 0.27% compared with the cobalt price of 373800.00 yuan / ton on September 16 of the previous trading day; Compared with the cobalt price of 379666.67 yuan / ton on September 13, it decreased by 1.28%. Domestic cobalt prices stopped falling and picked up over the weekend.

On September 17, the international cobalt price rose sharply

Category specification minimum price Rise and fall Highest price Rise and fall Company

Standard grade cobalt twenty-four point four five zero point two twenty-five zero point two five USD / lb

Alloy grade cobalt twenty-four point four five zero point two twenty-five zero point two five USD / lb

It can be seen from the data released by LME market that the closing price of LME cobalt rose sharply on September 17, and the international cobalt market recovered, which was good for the domestic cobalt market. As can be seen from the trend of MB cobalt price, the price of MB cobalt rose on September 17, and the international cobalt market rose, which was good for the domestic cobalt market. Overall, the rise of the international cobalt Market stimulated the recovery of the domestic cobalt market.

Market Overview

Bai Jiaxin, a data analyst of business agency, believes that the international cobalt price rose on September 17, and the international cobalt market recovered, stimulating the recovery of the domestic cobalt market. This week, the cobalt salt price stopped falling and picked up, the cobalt salt market warmed up this week, the downward pressure on the domestic cobalt Market weakened, and the overall market recovered. The sharp rise of international cobalt price on September 17 stimulated the re rise of domestic cobalt price.

1、 Price trend

According to the bulk list data of business society, the domestic glycine market operated smoothly this week, and the average price of industrial glycine was stable at 25000 yuan / ton without rise or fall.

2、 Analysis and review

According to the price chart of the business club, the domestic glycine market has stabilized at a high level, and the price of industrial glycine is 25000 yuan / ton. It is understood that the enterprise mainly comes to customers, and the supply of goods is tight. The downstream demand is mainly rigid demand, and the demand situation is acceptable. With the support of demand, the price of glycine is strong and the industry profit is considerable.

Demand: the price of glyphosate in the downstream has increased significantly, and the price of glyphosate technical drug continues to break through a new high. It is understood that glyphosate enterprises have stopped production due to the impact of hurricanes abroad, the foreign supply gap has increased, most domestic glyphosate enterprises have stopped reporting, and the price of glyphosate has risen to 55000 yuan / ton.

3、 Future forecast

Glycine analysts of business society believe that the downstream glyphosate price rises again. As the main raw material for glyphosate production, if glyphosate maintains the rise, it is expected that the glycine price will rise further in the short term.

According to the data monitored by the business society, as of September 15, the average price of domestic power type high-class lithium iron phosphate was 60000.00 yuan / ton, rising in the upstream, rising in the market price of lithium iron phosphate, high focus of negotiation, normal inventory, just in need of procurement in the downstream, and cautious transaction atmosphere.

The lithium iron phosphate Market is dominant in a narrow range, the upstream cost support is strong, all the way up, the rise is not reduced, the focus of negotiation is high, lithium iron phosphate keeps pace, the narrow range up, and the transaction atmosphere is strong. At present, the mainstream quotation range of lithium iron phosphate power type is RMB 60000-62000 / ton, and the quotation range of energy storage lithium iron phosphate is RMB 55000-60000 / ton. The market price of lithium iron phosphate runs up, Strong trend in the short term.

The upstream lithium carbonate rose rapidly, and the rising range continued to increase. For several consecutive weeks, the prices of lithium carbonate enterprises increased significantly. The lithium carbonate commodity index: on September 14, the lithium carbonate commodity index was 359.24, up 5.1 points from yesterday, down 11.32% from the highest point 405.10 in the cycle (2018-01-07), and up 264.56% from the lowest point 98.54 on October 16, 2014. (Note: the period refers to the period from September 1, 2011 to now).

Analysts of lithium iron phosphate in business society believe that lithium iron phosphate is expected to rise steadily in the short term. (to get more information about goods and to grasp the price of commodities, welcome to subscribe to the business community through the official account of the business community, the market is the opportunity).

Adipic acid market trend chart

According to the monitoring of business society, this week (9.6-10), the price of domestic adipic acid decreased slightly, and the price of adipic acid continued to decline in mid and late August. This week, the market continued its previous decline. Fundamentals in addition to the negative impact of falling costs, weak demand is also the main factor restricting the power of the market. According to the monitoring of business agency, adipic acid in East China decreased by 0.97% this week, slightly slower than that of the previous week. At present, the price range of adipic acid is 10200-10400 yuan / ton.

In terms of market supply, adipic acid manufacturers’ devices were generally normal and maintained a high operating rate this week. With the release of the restart news of Dafeng and Taihua devices, the market performance was more depressed. Although the manufacturer’s inventory pressure was normal, the current market demand was still weak, and the delivery speed of enterprises decreased significantly, which exacerbated the concerns of market supply. From the perspective of dealers, although the manufacturer’s inventory pressure is balanced, the market inventory pressure is still large. The market is in the process of de inventory, and some dealers mainly sell goods at a profit.

Trend chart of pure benzene Market

In terms of cost, crude oil rebounded over the weekend, and pure benzene has been rising since September. According to the monitoring of business society, pure benzene increased by 4.58% this week. The favorable cost did not bring a fundamental boost to adipic acid. The market is still tepid, which also led to the sharp compression of the manufacturer’s profit space.

PA66 market trend chart

Terminal demand: from the perspective of downstream PA66 of adipic acid, the price of PA66 began to rise from the end of August, with an increase of 0.7% this week. The cost of downstream products pushed up, but it does not mean that the demand improved. The main reason is still the equipment maintenance of major manufacturers and the price inflation effect caused by the shortage of supply. Therefore, adipic acid added in the middle did not enjoy the dividend of upstream and downstream price rise.

In the later stage, the business society believes that with the rise of costs, the cost transmission effect will gradually transfer to the downstream. At present, the profit of adipic acid is very thin. It is expected that the manufacturers will support the price one after another in the later stage, and the space to continue to decline may be limited.

The price trend of domestic refined oil has risen sharply in the past three days. The price of domestic 92# gasoline is 7792.4 yuan / ton, up 5.71%; The price of domestic 0# diesel oil was 6684.4 yuan / ton, an increase of 6.42%. At weekends, some manufacturers raised the ex factory price of refined oil one after another. The main factor was the inspection of local refining production units, the lack of diesel resources in the river, the limited stop of distribution in major oil depots, and the price of refined oil soared.

The price trend of gasoline and diesel in Shandong increased sharply, and the overall trading atmosphere was acceptable. Shandong local refining manufacturers exceed the balance of production and sales, and have a strong willingness to continue to rise in prices. Middle and downstream customers operate with low inventory for a long time, demand for inventory and replenishment, and actively prepare goods under the stimulation of buying up mentality. In addition, affected by the traditional peak demand season of “golden nine and silver ten”, the price of refined oil rose sharply. Entering the “golden nine” peak season, industries such as engineering and infrastructure are actively catching up, and the logistics and transportation industry is also active. The demand for diesel continues to improve, and the price trend of diesel in the field is rising; In terms of gasoline, the Mid Autumn Festival and National Day holidays are approaching, the travel intention is increasing, and the demand for gasoline also has room to improve. On site operators prepare goods in advance, the recent refining and shipment is smooth, and the price of steam and diesel continues to rise. In addition, according to the inspection of local refining production units, there is a lack of diesel resources in the river, the limited delivery of major oil depots is stopped, and the storage of terminal customers is low. In addition, the goods are actively prepared before the double festival, and the consumption buying mentality is biased. The refining oil price has risen sharply in the past three days.

Crude oil: international oil prices rose on Friday. The settlement price of the main contract of WTI crude oil futures in the United States was US $69.72/barrel, up US $1.58 or 2.3%, and the settlement price of Brent crude oil futures was US $72.92/barrel, up US $1.47 or 2.1%. The hurricane led to the decline of oil and gas supply in the Gulf of Mexico. At present, it will take some time to recover. The tight supply in the United States led to the rise of oil prices. In addition, the data show that the decline of U.S. commercial crude oil inventory last week was less than the market expectation, gasoline inventory decreased sharply, and the positive inventory data supported the rise of oil price. The rise of crude oil market price has a certain positive impact on the domestic refined oil market, but the sharp rise of oil price is mainly caused by the contradiction between supply and demand.

Supply and demand of refined oil: Recently, the operating rate of Shandong refinery is normal, but the supply in the South has declined, and the transformation of oil depots in some areas is an important reason for the shortage of local resources. In terms of gasoline demand, the Mid Autumn Festival and the National Day are approaching. Some operators need to store in the city for replenishment. The main business units have a strong attitude of supporting prices, and the gasoline price has increased, but the increase is not large. In terms of diesel, with the high temperature weather and the end of the fishing moratorium, the demand for diesel terminal is improving. In addition, the operating rate of domestic industrial, mining and infrastructure projects is high, and the demand for diesel gradually recovers. There is a certain optimistic mood among downstream operators. Affected by the expected increase in demand, the price of domestic refined oil continued to rise.

Chen Ling, a refined oil analyst at business society, believes that under the background of the slowdown of economic recovery, China’s investment in oil reserves will continue to affect the oil market in the medium and short term, and the output affected by the hurricane in the United States is also difficult to offset the impact of the epidemic on demand. In the short term, there is still uncertainty in the crude oil market, the current domestic market supply and demand and market news, The shortage of diesel resources in some areas is still possible to continue. In addition, the approaching of the double festival brings good expectations, the terminal demand for gasoline has increased, and there is still room for rise in the price trend in the later stage of the festival.

According to the data monitoring of business agency, the dichloromethane market fell slightly this week (9.6-9.10). As of September 10, the average price of dichloromethane in Shandong was 4055 yuan / ton, down 1.52% from 4117 yuan / ton at the beginning of the week.

The downstream operation of dichloromethane is basically stable, but the market is not expected to receive orders in the later stage. At present, the demand for dichloromethane is mainly just, and most traders in the dichloromethane market purchase goods on demand and operate cautiously.

The price of raw liquid chlorine fluctuated slightly, the price of methanol rose sharply, and the cost support increased. According to the business agency, as of September 10, the price of methanol was 2822 yuan / ton, up 7.93% from 2615 yuan / ton at the beginning of the week; The mainstream ex factory price of liquid chlorine of tank car in Shandong Province is about 1100 yuan / ton.

Future forecast: Analysts of methane chloride data of business society believe that the expected demand growth of the market is not obvious, and the impact on dichloromethane is empty. However, the commencement of dichloromethane industry decreases synchronously, and the cost is higher. It is expected that the decline of dichloromethane will stop and stabilize in the short term.

According to the monitoring data of business agency, as of September 5, the average ex factory price of domestic industrial grade dimethyl carbonate was 8766 yuan / ton. Compared with the price on August 30, 2021 (the reference price was 8433 yuan / ton), the average price increased by 333 yuan / ton, or 3.95%.

In the first week of September, the domestic dimethyl carbonate market rose at the beginning of the week and fell again at the weekend, with an overall increase of 3.95%. On the first two days of the week, the domestic dimethyl carbonate market was sorted out and put into operation, and the overall price on the floor changed little. In the middle of the week, with the support of factory orders of some factories, the inventory decreased, the factory price sales appeared, and the dimethyl carbonate Market went up. On September 1, the factory price of dimethyl carbonate in Shandong was around 8700-9100 yuan / ton, up 300-700 yuan / ton compared with the beginning of the week, After two days of high and stable operation of the market, the performance of downstream demand side was poor, and the transaction of new orders was general. Near the weekend, the domestic dimethyl carbonate market began to fall, and the ex factory price of dimethyl carbonate was reduced by 200-300 yuan / ton. According to the data monitoring of the business agency, the ex factory price of dimethyl carbonate in Shandong is 8300-8900 yuan / ton (apron). As of September 5, the average price of dimethyl carbonate in China is 8766 yuan / ton. Compared with the beginning of this week, the overall price still increased, with a weekly increase of nearly 4%.

In terms of raw material propylene oxide, the market of propylene oxide stabilized first and then rose in the first week of September. At the beginning of the week, the mainstream quotation of propylene oxide Market in Shandong was around 15600-15700 yuan / ton, the factory inventory pressure was not large, the follow-up of new orders in the downstream was general, the market was flat, and it was temporarily stable. With the release of downstream demand, the factory inventory fell to a low level, the market rose, and the price rose slightly. At present, the mainstream quotation of propylene oxide Market in Shandong is around 15700-15800 yuan / ton.

In terms of upstream dimethyl ether, the off-season has passed and entered the traditional peak sales season in September. At the beginning of the month, the rise of dimethyl ether is not obvious, and the price is stable and upward. The ex factory quotation of dimethyl ether in Henan Province is mostly maintained above 3500 yuan / ton. According to the monitoring data of business agency, the average price of dimethyl ether in Henan market was 3542.50 yuan / ton on August 29 and 3562.50 yuan / ton on September 2. The overall increase rate in the week was 0.56%, up 1.42% compared with August 1. At present, the favorable factors in the market are limited. Just entering September, the improvement of terminal demand is not obvious. The downstream mentality is cautious, mostly delisting and consuming inventory. The overall transaction atmosphere of the market is limited. However, the market price of methanol is relatively strong, which brings some support to the dimethyl ether Market. At present, the price of dimethyl ether in China is at a relatively high level. Although the market has not increased significantly, the manufacturer’s inventory is controllable, there is no obvious pressure for the moment, and the mentality is relatively strong.

Future trend analysis

At present, after the correction of dimethyl carbonate market over the weekend, the market expression is slightly better than expected, and the downstream electrolyte solvent takes better goods, which gives the market some support. Therefore, the dimethyl carbonate analysts of business society believe that in the short term, the domestic dimethyl carbonate market can be adjusted steadily and narrowly, and more attention should be paid to the changes in both supply and demand.

According to the monitoring of the business society, the price index of the domestic rare earth market fell slightly, some prices of the domestic praseodymium neodymium rare earth market fell, and the legitimate prices of the heavy rare earth market fell. According to the rare earth sector index of the business society, the rare earth index was 584 points on September 5, the same as yesterday, down 41.60% from the highest point of 1000 points in the cycle (December 6, 2011), It is 115.50% higher than the lowest point of 271 on September 13, 2015（ Note: the period refers to the period from December 1, 2011 to now).

It can be clearly seen from the rare earth index chart that the prices of some rare earths in China have fallen recently, the prices of mainstream commodities in the rare earth market have fallen slightly recently, and the rare earth market has fallen. In terms of products:

As can be clearly seen from the product price trend chart, the price trend of domestic praseodymium neodymium oxide and praseodymium neodymium alloy declined, and the price trend of neodymium oxide, metal neodymium, praseodymium oxide and metal praseodymium was temporarily stable. As of September 6, the price of neodymium oxide in domestic rare earth was 609000 yuan / ton, which was temporarily stable this week; The price of neodymium is 765000 yuan / ton, which is temporarily stable this week; The price of praseodymium neodymium oxide was 597500 yuan / ton, down 1.48% this week; The price of praseodymium neodymium alloy was 740000 yuan / ton, down 1.99% this week; The price of metal praseodymium is 815000 yuan / ton, and the price trend is stable this week; The price of praseodymium oxide was 625000 yuan / ton. The price trend was stable this week, all products fell to varying degrees, and the market price of light rare earth fell.

The trend of products in the domestic rare earth market has declined slightly, the supply and demand structure has changed little, and the demand for high-end magnetic materials is normal. In the near future, China’s rare earth quota on the supply side may be steadily increased, and the supply rigidity is optimized. In addition, with the implementation of the new energy efficiency standards, the proportion of frequency conversion air conditioners in domestic household appliances, the penetration rate of Nd-Fe-B continues to increase, and the demand side is relatively normal. The sales of new energy vehicles are relatively normal. The demand for rare earth is at a high level, and the price of rare earth oxide is slightly lower. When there is no lock order, the rare earth metal factory mainly focuses on wait-and-see and purchases cautiously. The main rare earth raw materials of high-performance Nd-Fe-B are light rare earth praseodymium and neodymium oxide, heavy rare earth dysprosium oxide and terbium oxide, which are used in new energy vehicles, wind power, energy-saving frequency conversion air conditioning, traditional vehicles and other fields. According to statistics, the sales of new energy vehicles are OK. According to the data released by China Automobile Industry Association, China Automobile Industry Association (hereinafter referred to as “China Automobile Association”) released the latest production and sales data. In July, the domestic automobile production and sales reached 1863000 and 1864000 respectively, down 3.0% and 4.1% month on month, 15.5% and 11.9% year-on-year. Recently, the downstream demand is general, and the market price of light rare earth has dropped slightly.

It can be seen from the trend chart that the price trend of dysprosium Series in China fell slightly. As of June 6, the price of dysprosium oxide was 2.57 million yuan / ton, and the price trend fell by 0.96% this week; The price of dysprosium ferroalloy is 2.54 million yuan / ton, the price trend is down 1.17%, the price of metal dysprosium is 3.32 million yuan / ton, the price is down 0.75% this week, the price of domestic terbium series is down, the price of domestic terbium oxide is 7.75 million yuan / ton, and the price of metal terbium is 9.5 million yuan / ton. The transaction in the domestic rare earth market is normal, and the leading magnetic material factory is not active in purchasing, which makes the domestic heavy rare earth market price drop slightly. However, Myanmar prohibits export, and the global rare earth supply is relatively concentrated. Myanmar is one of the production areas second only to China and the United States. Myanmar has a great impact on the products in the domestic heavy rare earth market, the source of imported goods has been greatly reduced, the supply in the heavy rare earth market is general, the downstream procurement is not active recently, and the market price has dropped slightly.

The recent notice on carrying out industrial energy conservation supervision in 2021 emphasizes the comprehensive sorting and investigation of enterprises in key industries such as iron and steel, nonferrous metal smelting, petrochemical industry and building materials, and the special supervision on the implementation of mandatory energy consumption quota standards per unit product, so as to finally realize the full coverage of energy conservation supervision of enterprises in key industries during the 14th Five Year Plan period. In addition, Wang Jiangping, Vice Minister of industry and information technology, said at the video conference on industrial policies and regulations of industry and information system last week that efforts should be made to optimize the development environment of industrial enterprises, accelerate the legislation of telecommunications law, and promote the promulgation of rare earth regulations as soon as possible. Industry insiders believe that this reflects the strengthening of government control over the rare earth industry, which is conducive to the healthy development of the industry. Since 2021, the accelerated promulgation of the regulations on the administration of rare earth will, on the one hand, make the industry have laws to abide by and promote the rare earth industry chain to embark on the road of virtuous circle development; On the other hand, it reflects China’s determination to strictly control the supply order of rare earth and support the price of rare earth as an important strategic resource. The overall demand for rare earth products is OK, the downstream demand is normal recently, and the price of domestic rare earth market has fallen slightly.

With the sustainable development of new energy vehicles, wind power and variable frequency air conditioning downstream of rare earth, the demand continues. In addition, the domestic rare earth supply starts normally. Recently, the on-site transaction has dropped and the procurement is not active. Chen Ling, an analyst of business society, expects that the rare earth market price may decline slightly in the later stage.

Trade name: calcium carbide

Latest price (September 6): 5383.33 yuan / ton

On September 6, the factory quotation of calcium carbide in Northwest China fell, down 16.67 yuan / ton, or 0.31%, compared with the quotation on September 3, up 96.47% year-on-year. The price of raw material blue carbon rose slightly, and the cost of calcium carbide supported well. The downstream PVC market has risen slightly recently, and the downstream customers’ enthusiasm for calcium carbide procurement has increased. The environmental protection inspection in Inner Mongolia was completed, and the output of calcium carbide increased.

In the future, it is expected that the factory price of calcium carbide in Northwest China may fluctuate slightly: the average price quoted by manufacturers is about 5300 yuan / ton.