1、 Price trend

According to the data monitoring of business news agency, as of February 26, the average price of refrigerant R22 was 14600 yuan / ton, up 3.55% from the beginning of the week, 4.29% from the beginning of the month, and 20.36% from the same period last year.

According to the bulk data monitoring of business news agency, as of February 26, the average price of refrigerant R134a was 19766.67 yuan / ton, which was the same as that at the beginning of the week. It was up 4.29% on a month on month basis and down 10.83% compared with the same period last year.

2、 Market analysis

R22, the price of refrigerant R22 rose this week, the price of raw materials hydrofluoric acid and trichloromethane rose, the cost side support was strong, the superposition trade continued to return to the market, the stock increased after the festival, the factory started high, the price mentality was strong, the price rose, but in the demand off-season, the price upward had no real driving force, and the short-term market was deadlocked. At present, R22 market quotation is around 13000-16500 yuan / ton, Shandong quotation is about 15000-16500 yuan / ton, Jiangsu and Zhejiang quotation is about 14500-15000 yuan / ton, Hunan quotation is about 14500-15000 yuan / ton, Shanghai quotation is about 14500 yuan / ton, short-term price rises steadily.

R134a, the price of refrigerant R134a was temporarily stable this week. Hydrofluoric acid, the raw material, didn’t increase much. The role of boosting R134a was general. The demand side was still light. The demand of automobile market did not increase significantly. The fundamentals were relatively calm. R134a market was stable. At present, R134a market quotation is mostly in the range of 19000-22000 yuan / ton, Shandong quotation is about 20000 yuan / ton, Zhejiang quotation is about 19000-21500 / ton, Hunan quotation is about 20500-21000 / ton, Jiangsu quotation is about 22000 / ton, Shanghai quotation is about 20000 yuan / ton, and the short-term price is stable.

Hydrofluoric acid as raw material. On February 26, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 10000-11000 yuan / ton, and the ex factory price trend of on-site merchants rose slightly. Domestic hydrofluoric acid manufacturers had a general operating rate, and the supply of on-site goods was slightly tight. Affected by the high price of fluorite, the demand of downstream refrigerant industry was general, and on-site purchase was mainly on demand. It is expected that the on-site price will remain stable in the later stage It’s settled.

Trichloromethane, on the 23rd, the market price of methane chloride in Shandong continued to rise. The manufacturer’s offer increased by 50 yuan / ton. The mainstream ex factory price of dichloromethane ranged from 3300 yuan / ton to 3550 yuan / ton, and the mainstream ex factory price of trichloromethane ranged from 2680 yuan / ton to 2850 yuan / ton, which is expected to remain high in the short term.

3、 Future forecast

According to refrigerant analysts of business news agency, raw material prices are rising, cost side support is strong, superimposed traders continue to return to the market, hoarding is on the rise, refrigerant manufacturers start high, have a strong price support mentality, R22 prices are rising, and R134a prices are stable due to the drag of demand side. It is expected that the refrigerant market will be frozen in the short term, and the prices will be stable.

1、 Nitric acid market price trend chart

Nitric acid price curve

According to the monitoring of the business agency, the average price of concentrated nitric acid in domestic areas this week is 2000 yuan / ton, and the quotation is temporarily stable.

2、 Market analysis

On February 22, Anhui Jinhe quoted about 1950 yuan / ton, which was the same as last time; Anhui Aodeli quoted 1900 yuan / ton, which was 30 yuan / ton higher than last time; Wenshui Synthetic Chemical Co., Ltd. quoted 1950 yuan / ton of concentrated nitric acid, 930 yuan / ton of dilute nitric acid, which was the same as last week; Shaanxi Xinghua Chemical quoted 1900 yuan / ton of concentrated nitric acid, which was the same as last time. Local supply pressure is tight, and the market is running at a high price; the nitric acid market is generally good.

Upstream liquid ammonia, on February 24, domestic liquid ammonia market rose slightly. Before and after the Spring Festival, the liquid ammonia market has been tepid, but since this week, the market has risen. According to the monitoring of business society, the price of liquid ammonia has increased by 1.52% since this week; the price of downstream aniline (2.22-2.25) has increased by 2.87% this week. TDI rose 24.7% this week (2.22-2.25).

3、 Future forecast

Lower market is better, business analysts expect nitric acid, nitric acid prices or will rise.

In February 2021, the bidding price of crude benzene in Shandong Province rose sharply, 3450-3455 yuan / ton before the festival, 4780-4785 yuan / ton after the festival, and 1330 yuan / ton during the Spring Festival, an increase of 38.55%. In February, the cumulative increase was 1780 yuan / ton.

In terms of crude benzene, the market gradually returned to normal after the festival. However, due to the fact that most manufacturers signed orders on February 4 until February 23 and 24, the crude benzene still implemented pre Festival price driven by the sharp rise of downstream hydrogenated benzene. As a result, the cycle of sharp rise of domestic chemical commodities after the festival was missed. On February 22, a new round of price setting for some coking enterprises started from February 23 and began in 11 months After that, the price of crude benzene returned to more than 4000.

Before and after the Spring Festival, Sinopec’s listed price of pure benzene increased four times, with a total increase of 1300 yuan / ton. After adjustment, RMB 6450 / T will be implemented, of which RMB 6400 / T will be implemented by Qilu Petrochemical.

In February 2021, the market price of hydrobenzene in East China rose sharply, 5350 yuan / ton before the festival, 5900 yuan / ton after the festival, 1000 yuan / ton during the Spring Festival, and 1625 yuan / ton this month.

During the Spring Festival, affected by the rising prices of crude oil and pure benzene, hydrobenzene enterprises have followed suit, rising by about 1000-1200 yuan / ton. The mainstream ex factory prices in Hebei are all above 6000 yuan / ton. Crude benzene is the direct raw material of hydrogenated benzene. It is expected that the price of this round of bidding will rise sharply. At present, the price of hydrogenated benzene fluctuates at a high level, the profit of enterprises is good, the crude benzene purchase is more active, and the market atmosphere is more active.

In the future, the business community believes that at present, the international crude oil and pure benzene are in high consolidation, and the units shut down before the end of the month are about to start operation, the supply tension will be eased, and the market price will gradually become rational. At present, the profit of hydrobenzene enterprises is much better than that in the earlier stage, and the demand for crude benzene will be supported to a certain extent. Future still need to focus on the price trend of pure benzene, as well as the upcoming second quarter maintenance season, the start-up of the device.

In February, the overall trend of dimethyl ether Market is weak, and there is a broad decline trend after the festival. At present, the mainstream quotation of domestic market is about 3230-3250 yuan / ton. According to the data monitoring of the business association, the average price of dimethyl ether in Henan market was 3446.67 yuan / ton on February 1, 3243.33 yuan / ton on February 22, with a decrease of 5.90% during the period, and a single day decrease of 3.95% on February 22, showing a more obvious decline. As of February 22, the domestic market prices of dimethyl ether are as follows:

Region specification Date Quotation

Mass fraction of dimethyl ether in Shandong area: ≥ 99.0% February 223250 yuan / ton

Mass fraction of dimethyl ether in Hebei area: ≥ 99.0% February 223250 yuan / ton

Mass fraction of dimethyl ether in Henan Province: ≥ 99.0% February 223230-3240 yuan / ton

With the end of the Spring Festival holiday, dimethyl ether Market as a whole is weak. Although the international crude oil continued to rise after the festival, and the liquefied gas market was greatly pulled up by this good news, the dimethyl ether Market did not follow the trend, only slightly increased on February 18, but then entered the downward channel, and the overall trend was weak.

On February 22, the dimethyl ether market fell more significantly. The domestic regional markets as a whole sharply reduced the ex factory price. Some enterprises lowered the ex factory price twice on the same day. Taking Henan xinlianxin as an example, the ex factory price of xinlianxin dimethyl ether was 3340 yuan / ton on February 21, 3240 yuan / ton on February 22, and 100 yuan / ton on a single day. The main reason for the decline is the poor terminal demand. After the festival, only a small part of the downstream enter the market for replenishment. However, the overall shipment of the manufacturers is still not smooth, and the inventory is gradually increasing. The factory price is forced to be reduced to stimulate the downstream enter the market.

As for the cost of methanol, the domestic methanol market has recovered in a narrow range recently. According to the monitoring data of the business society, as of February 20, the average price of methanol producers in Shandong was 2267 yuan / ton, with a month on month decrease of 3.92% and a year-on-year increase of 14.09%. After the festival, the downstream enterprises replenish goods appropriately, the logistics is restored, and the freight is reduced. Domestic methanol market recovered slowly.

At present, although the methanol market has recovered, the support to DME market is limited. The civil market of liquefied gas fell significantly, which brought some pressure to the market. Downstream mentality cautious, lack of confidence in the future, less enthusiasm to enter the market, manufacturers shipping blocked, inventory gradually increased. In the short term, dimethyl ether Market is lack of obvious positive, and the overall or continued weak.

1、 Nitric acid market price trend chart

Nitric acid price curve

According to the monitoring of business agency, the average price of nitric acid in domestic areas this week is 2000 yuan / ton, and the quotation is temporarily stable.

2、 Market analysis

On February 18, Anhui Jinhe quoted about 1950 yuan / ton, which was the same as before; Wenshui Synthetic Chemical Co., Ltd. quoted 1950 yuan / ton of concentrated nitric acid, 930 yuan / ton of dilute nitric acid, which was the same as before; Shandong helitai Chemical Co., Ltd. quoted 2100 yuan / ton, which was the same as before. After the Spring Festival, the quotation of nitric acid was temporarily stable, the market turnover was light, the enterprises resumed work one after another, and the market wait-and-see mood was strong.

According to the monitoring of the business community, the price of upstream liquid ammonia fell by about 0.49% this week; the price of downstream aniline rose by nearly 20%, according to the data of the business community. On February 9, the price of aniline in Shandong was 8100-8200 yuan / ton, and that in Nanjing was 8400-8600 yuan / ton. On February 21, the price of aniline in Shandong was 9600-9700 yuan / ton, and that in Nanjing was 9700-9900 yuan / ton. The average price increased by 1500 yuan / ton, or 18.22%, 23.21% higher than that at the beginning of the month, and 46% higher than that at the same period of last year. TDI downstream, according to business monitoring, this week’s offer is temporarily stable.

3、 Future forecast

Nitric acid market demand in general, business community nitric acid analysts expect, nitric acid or consolidation based.

According to the monitoring data of the business agency, as of February 19, the reference ex factory price of domestic industrial grade propylene glycol was 13333 yuan / ton, which was 167 yuan / ton higher than that on February 10 (reference price was 13166 yuan / ton), or 1.27%; and the average price was 67 yuan / ton higher than that on February 1 (reference price was 13266 yuan / ton), or 0.50%.

Before the Spring Festival, the market of domestic industrial grade propylene glycol was weak. During the holidays, the adjustment of propylene glycol market was limited and basically maintained stable operation.

Cost demand double supports propylene glycol to rise after the festival

After the Spring Festival, the price of propylene oxide, the cost raw material, went up, supporting the cost of propylene glycol. In terms of supply, the supply of propylene glycol is relatively sufficient, and the inventory pressure of main factories is relatively high. In terms of demand, exports performed well after the festival, and domestic downstream industries continued to purchase just in time. In terms of logistics, at present, transportation logistics turnover has gradually recovered. Therefore, supported by the upward raw material cost and acceptable downstream demand, the propylene glycol market rose for the first time after the Spring Festival, with an increase rate of 300-500 yuan / ton. As of February 20, the reference ex factory price of domestic industrial grade propylene glycol was around 13000-14000 yuan / ton, with an average reference price of 13333 yuan / ton. Compared with before the Spring Festival (reference price of 13166 yuan / ton), the price increased by 167 yuan / ton, or 1.27%; compared with early February (reference price of 13266 yuan / ton), the average price increased by 67 yuan / ton, or 0.50%.

In terms of raw materials, the domestic inventory of propylene oxide was on the low side before the festival. After the Spring Festival, the market of propylene oxide in Shandong Province rose. On the 18th, the price of propylene oxide in Shandong Province of Wanhua chemical increased by 500 yuan / ton compared with that before the festival. At present, the factory quotation is 17700 yuan / ton. I heard that the current shipping order is OK, the overall shipping pressure of the market is small, and the market trend is good.

Increasing cost, gradually recovering demand, more propylene glycol will continue to rise

After the festival, propylene glycol is driven by the rising raw materials, the cost support is enhanced, the downstream demand is gradually recovering, and the export is also positive. Therefore, the propylene glycol data analysts of business society believe that the market price of propylene glycol may continue to move up after the festival, and the above-mentioned actors need to pay more attention to the consumption transmission and the change of mentality.

1、 Price trend

According to the data monitored by the business society (the average price of SG5 manufactured by calcium carbide method), on February 5, the average mainstream price of PVC in China was 7250 yuan / ton, up 1.05% from 7175 yuan / ton at the beginning of the week, and 6.42% from the same period last year.

2、 Market analysis

This week, PVC first stabilized and then rose. At the beginning of the week, the market was relatively stable. Near the weekend, the PVC market was red in a large area. The increase range of enterprises in the week was about 50-200 yuan / ton. The low-end price was gradually close to the high-end price. The market center moved up slightly, and the price was mostly in the range of 7000-7500 yuan / ton. This week’s rise in PVC prices was mainly due to the strong volatility of futures prices, which led to the spot trend. In addition, it was heard that the price of electricity in Inner Mongolia increased, and the cost support gradually strengthened, which boosted the market sentiment. At present, the market performance is relatively flat. Most of the downstream companies have stopped work for holidays, and the demand is reduced. However, the PVC manufacturers are relatively stable in starting work, there are few maintenance enterprises, and the market supply is sufficient. The rebound of PVC in the off-season may not be sustainable. It is expected that the market will run smoothly before the festival and wait for the development after the festival.

In terms of spot price, the mainstream quotation range of pvc5 calcium carbide in China is around 7000-7500 yuan / ton. The main stream price of pvc5 calcium carbide in East China is around 7380-7530 yuan / ton, that in Hebei is 7100-7200 yuan / ton, that in Hangzhou is 7350-7500 yuan / ton, that in Changzhou is 7300-7450 yuan / ton, and that in Guangzhou is 7350-7550 yuan / ton.

In terms of futures, the main PVC futures contract V 2105 opened at 7455, with the highest price of 7660 and the lowest price of 7370. The closing price of V 2105 was 7645, up 305, or 4.16%. The turnover was 384000, an increase of 114000. Position 384000, an increase of 36304.

Regional varieties 5 February 2005

Changzhou PVC calcium carbide process: 7300-7450 yuan / ton

Guangzhou ﹣ PVC ﹣ calcium carbide method ﹣ 7330-7550 yuan / ton

In Hebei Province, the price of calcium carbide is 7100-7200 yuan / ton

Hangzhou “PVC” calcium carbide process “7350-7500 yuan / ton

Upstream crude oil: on February 5, the price of WTI crude oil futures market in the United States rose, with the settlement price of the main contract at US $56.85/barrel, up US $0.62. Brent crude oil futures market prices rose, the settlement price of the main contract at 59.34 U.S. dollars / barrel, or 0.50 U.S. dollars. Crude oil futures continued to rise on Friday, with Brent oil prices approaching the $60 mark, mainly due to the warming of economic recovery expectations and the continued effective implementation of production control by the organization of Petroleum Exporting Countries and its allies (OPEC +).

In January, the external market of ethylene showed a trend of first rising and then falling. At present, crude oil: US crude oil inventory is declining, but the market’s continued concern about the epidemic has limited oil demand, international oil prices fluctuate slightly, and cost support is general. Therefore, data analysts from business news agency predict that the external price of ethylene will mainly fall in the next few days.

On February 7, the ex factory price of calcium carbide in Northwest China was temporarily stable, and the reference price of calcium carbide was 3050.00, which was 1.08% lower than that on February 1 (3083.33). The price of raw material blue carbon was high and the cost of calcium carbide was well supported. The downstream PVC market has risen slightly recently. The downstream customers are generally enthusiastic about purchasing calcium carbide. The output of calcium carbide has risen, and the market supply exceeds the demand. Calcium carbide in the future fluctuated slightly.

3、 Future forecast

PVC analysts of business news agency believe that the current market performance is relatively flat, most of the downstream companies have stopped work for holidays, the demand is reduced, PVC manufacturers start work more stable, and the market supply is sufficient. The sustainability of PVC off-season rebound is not strong, and some enterprises have stopped orders and reports. It is expected that the situation will be stable before the festival, and wait for the power after the festival.

1、 Price trend

The composite price of potassium chloride fell this week. The average price of the mainstream comprehensive quotation of potassium chloride this week dropped from 2175.00 yuan / ton at the beginning of the week to 2140.00 yuan / ton at the end of the week, down 1.61%. Overall, the potassium chloride market fell this week, with the potassium chloride commodity index at 67.94 on February 5.

2、 Market analysis

This week, the quotation of mainstream potassium chloride manufacturers fell: the ex factory quotation of Qinghai Salt Lake potassium chloride at the weekend was 2050 yuan / ton, which was temporarily stable compared with the beginning of the week; the distribution quotation of Anhui Badou potassium chloride at the weekend was 2230 yuan / ton, which was 70 yuan / ton lower than the beginning of the week. The actual turnover of potassium chloride market this week is not good. On the whole, the main contradiction of the market is that supply exceeds demand, the trading atmosphere is cold, downstream purchasing is just in demand, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride market is stable.

3、 Future forecast

In the middle of February, the overall trend of potassium chloride market may fluctuate slightly. The KCl market is facing the pressure of three big mountains, namely, Hong Kong’s large stock, weak demand and downward international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. KCl analysts of business society believe that under the influence of supply and demand, raw materials and other aspects of the short-term KCl market, the KCl market may be dominated by high consolidation.

According to the data monitored by the business agency, the average ex factory tax price of domestic light potassium carbonate this week is 6500.00 yuan / ton, which is stable. The current price is up 1.15% month on month, and the current price is up 3.75% year on year.

Recently, the domestic potash market is stable, the spring holiday is approaching, the logistics and transportation are inconvenient, the downstream factories have a downward trend in the recent start-up, just need to purchase is maintained, the potash market trading atmosphere is cold and clear, and the market is stable. According to the statistics of the business society, the mainstream ex factory quotation range of domestic industrial grade potassium carbonate this week is about 6400-6700 yuan / ton (the quotation is for reference only), and the quotation is different according to the different procurement situation.

Recently, the quotation of potassium chloride mainstream manufacturers fell: on February 5, the potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operated normally. The ex factory quotation is 2050 yuan / ton, the quotation is temporarily stable, and the actual transaction price is mainly through negotiation. On February 5, Anhui Badou Chemical Co., Ltd. quoted a price of 2230 yuan / ton for potassium chloride distribution, which fell by 70 yuan / ton. The actual transaction price was mainly through negotiation. This week, the potassium chloride market was light and fell.

Potassium carbonate analysts of business news agency believe that the recent spring holiday is approaching, the stock in the yard is small, and the downstream factories have little intention to continue purchasing before the year. It is expected that the price of potash will be stable in the short term, and the long-term market still needs to wait and see. (the above prices are provided by the main manufacturers of potassium nitrate all over the country and sorted out and analyzed by the potassium carbonate analysts of the business society. They are for reference only. For more price details, please contact the relevant manufacturers for consultation).

On the morning of December 27, 2020, the list of the Sixth China Industrial award, commendation award and nomination award was released. The complete set of new technology project for caprolactam green production of Baling Petrochemical won the China Industrial award and was the only winner of Sinopec. With the support of the Ministry of science and technology of the people’s Republic of China and the National Natural Science Foundation of China, Baling Petrochemical and stone research institute transformed the scientific research achievements of basic research into new technologies. Over the past 30 years, three generations have overcome numerous setbacks and tribulations, developed a complete set of green technology with independent intellectual property rights, successfully broke the blockade and monopoly of caprolactam production technology in foreign countries for 70 years, and established the brand image of China’s independent innovation technology. At present, the domestic self-sufficiency rate of caprolactam has increased from 30% to 94%, and China’s dependence on foreign technology and imported products has decreased significantly.

30 years of independent innovation, successful development of caprolactam green production of new technologies

Caprolactam is an important organic chemical raw material. As a monomer for producing nylon-6 synthetic fiber and nylon-6 engineering plastics, caprolactam is widely used in many fields such as textile, automobile, electronics, etc. Caprolactam industry is closely related to national economic strength and people’s living standards, and plays an important role in the development and continuous improvement of national economy.

In the early 1990s, Sinopec spent nearly 10 billion yuan to introduce three sets of 50000 T / a caprolactam production units, which were built in Baling Petrochemical, Nanjing DSM Oriental Chemical Co., Ltd. and Shijiazhuang refining and Chemical Co., Ltd. Subsequently, Sinopec took the preparation of cyclohexanone oxime, the core technology of caprolactam production, as a breakthrough point to carry out a complete set of new technologies for green production of caprolactam in Baling Petrochemical Company. With the strong support of the Ministry of science and technology and the National Natural Science Foundation of China, and under the guidance of academicians min Enze and Shu Xingtian of the Chinese Academy of stone Sciences, the research team has made great efforts in cooperation and hard work. In the past 30 years, it has formed more than 100 invention patents at home and abroad, and successfully developed a complete set of new technologies for green production of caprolactam, which are integrated by new reaction pathways, new catalytic materials and new reaction engineering.

The complete set of new technology has six core technologies, all of which have reached the international leading level, including single reactor continuous slurry bed ammoximation of cyclohexanone to cyclohexanone oxime process technology, three-stage Beckman rearrangement technology of cyclohexanone oxime, ammonium sulfate neutralization crystallization technology, magnetically stabilized bed hydrofining technology of caprolactam, gas-phase rearrangement technology of cyclohexanone oxime to caprolactam, and new technology of cyclohexene esterification and hydrogenation to cyclohexanone technology. Among them, the first four technologies have been applied in industry, forming 137 invention patents at home and abroad; 17 provincial and ministerial awards have been won, including one national first prize for technological invention and one national second prize for scientific and technological progress.

The “new process of cyclohexanone oxime gas phase rearrangement moving bed” without by-product ammonium sulfate in Baling Petrochemical Company has also made breakthrough progress in catalyst preparation, reaction process, product refining, etc., completed the small-scale and pilot scale technical research, and is about to carry out 50000 T / a industrial application. In addition, Sinopec initiated and developed the “new process of cyclohexene esterification and hydrogenation to cyclohexanone”, with a carbon atom utilization rate of nearly 100%. It not only has low energy consumption, but also can co produce anhydrous ethanol. It has completed the pilot study and 200000 t / a process package development, and is about to carry out 200000 t / a industrial application.

New technology promotes the vigorous development of new industries, and relocation and upgrading protect a river of clear water

Today, Baling Petrochemical has become a large petrochemical and coal chemical joint enterprise, as well as the largest caprolactam and lithium rubber production enterprise and an important epoxy resin production base in China. Among them, the caprolactam product chain includes 500000 T / a caprolactam (including 200000 t / a of joint venture), 450000 T / a cyclohexanone and 800000 T / a ammonium sulfate. Caprolactam green production complete set of new technology, realized the leap forward technological progress of traditional industries, not only more environmental protection, pollutant emissions per unit product reduced by 50%, and unit production cost reduced by 50%, 10000 tons of production capacity investment dropped to less than 150 million yuan, reduced by nearly 80%, produced significant economic and social benefits.

A complete set of new technologies for green production of caprolactam has greatly promoted the rapid development of caprolactam and its downstream industries. By the end of 2019, Sinopec has built several caprolactam production units in Baling Petrochemical Company and Zhejiang baling Hengyi company, with a production scale of 900000 tons / year, accounting for 12.16% of global caprolactam production capacity and 24.39% of domestic caprolactam production capacity. At present, the capacity of new green production technology of caprolactam in China has reached 4 million tons, becoming the world’s largest production country, with a global market share of more than 50%, forming a new industry of 40 billion yuan, driving the vigorous development of downstream industry of 400 billion yuan.

In 2020, Baling Petrochemical’s caprolactam industrial chain relocation and upgrading transformation development project with a total investment of 13.95 billion yuan will be launched in Hunan Yueyang Green Chemical Industrial Park. The project adopts a batch of new technologies independently developed by Sinopec and will build a 600000 T / a caprolactam industrial chain at one time. The project will be built into a demonstration project and benchmark project of “guarding a river with clear water”, cracking the “chemical industry encircling the river”, and implementing the relocation of hazardous chemicals production enterprises in densely populated urban areas in China.