This month, the price of ethylene oxide showed a ladder upward trend, and the latest ex factory price was stable at 7800 yuan / ton.

In the upstream, affected by the general environment, the crude oil price was weak and fluctuated all the way, while ethylene opened high and went low. After hitting the price high at the beginning of the month, it also turned down and rebounded and repaired after the oversold at the end of the month. However, from the perspective of fundamentals, there are not many supporting factors and the upward space is limited. Up to now, the latest price of ethylene in Northeast Asia is US $965 / T, and that in Southeast Asia is US $960 / T, which is the same as that in the previous trading day. The price of ethylene in Luxi Chemical is 7800 yuan / T, and that in Jinshan Lianmao is 7600 yuan / T. According to the latest price of the current external market, the profit of ethylene oxide is around 600 yuan.

In the downstream, the continuous rise of ethylene oxide prices has led to a narrow upward exploration of monomer prices. Especially in the middle and late ten days, the supply of ethylene oxide, especially in East China, has been significantly tightened, the market is hard to find a single product, and the monomer manufacturers are facing a shortage of raw materials, pushing up the quotation. However, the short-term good brought by the unit can not offset the negative sentiment in the market, and the terminal has obvious resistance to high prices, More than just need to purchase, the actual transaction price of the monomer continues to decline, the focus is obviously downward, and the profit transmission of the industrial chain is limited.

The demand side suppresses the disk, waits for the cost side guidance in the short term.

Price trend

According to the bulk list data of business society, the price of domestic vitamin C remained stable this week, and the average price of food grade vitamin C remained stable at 49.33 yuan / kg.

According to the monitoring of business society, the domestic vitamin C market is light. At present, the mainstream price of food grade is 46-48 yuan / kg, and that of feed grade is 43-45 yuan / kg. Market transaction price negotiation. The downstream demand is general, mainly rigid demand. The manufacturer will not quote for the time being during some maintenance. The production and sales of vitamin C market are weak, and the price is stable.

Corn: the price of corn in the upper reaches is strong. With the gradual increase in the listing of corn in the new season in the south, the auction of imported corn continues to enter the market to supplement the market, and a large number of alternative raw materials continue to be used, the contradiction of insufficient supply of domestic corn will be further alleviated. It plays a supporting role in vitamin C.

The price of vitamin a rose this week, with an average price of 293 yuan / kg at the beginning of the week and 296 yuan / kg at the weekend, an increase of 1.14%. Vitamin a rose sharply this week. It is understood that the quotation of vitamin A in Xinhe week is 360 yuan / kg, which stimulates the rise of market price. At the same time, it is affected by multiple factors such as the maintenance of foreign manufacturers and the rise of raw material cost.

The market performance of vitamin E was strong this week, and the average price was stable at 75 yuan / kg. There are many enterprises that stop reporting in the market, and the market attention has increased. It is understood that Zhejiang Pharmaceutical Changhai biological industrial park has been overhauled for 45 days since July 25. At the same time, foreign enterprises also rumored that there was a maintenance plan in September. The downstream demand is stable. Affected by maintenance, the factory has a strong willingness to support the price, and the market is stable and strong.

Future forecast

The vitamin analyst of the chemical branch of the business society believes that: Overall, the short-term market of vitamin A and vitamin E is expected to rise slightly, and vitamin C is mainly stable.

According to the data monitored by the business community, as of August 20, the average price of lithium iron phosphate, a domestic high-class power product, was 52000.00 yuan / ton. This week, the lithium iron phosphate market mainly operated smoothly, the focus of negotiation was stable, the supply and demand was balanced, the downstream just needed to purchase, and the transaction atmosphere was cautious.

This week, the lithium iron phosphate Market is mainly stable, with balanced supply and demand, stable price trend and stable focus of negotiation. At present, the mainstream quotation range of lithium iron phosphate power type is 51000-55000 yuan / ton, and the quotation range of energy storage lithium iron phosphate is 46000-49500 yuan / ton. The lithium iron phosphate Market is mainly stable, with stable, medium and strong operation in the short term.

The upstream lithium carbonate continues to rise, the momentum remains unabated, and the cost of lithium iron phosphate has a certain support. It is expected to maintain strong consolidation in the short term, and the negotiation atmosphere is positive.

Analysts of lithium iron phosphate in business society believe that lithium iron phosphate is expected to maintain stable operation next week（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.

Trend of metallic magnesium (8.16-8.20, the same below)

This week, the magnesium ingot Market was consolidated at a high level. At the beginning of the week, the magnesium market developed steadily at a high level. On Wednesday, the market transaction weakened, the magnesium price was stable and slightly corrected. There were few new orders signed in the main production areas, mainly in the form of pre-sale. As of August 20, the external quotation of domestic magnesium ingots was 22533.33 yuan / ton, which was lower than that of the previous two days, and the market transaction was followed up on Friday.

As of August 20, the specific price range of each region is as follows:

Ex factory tax included spot exchange in fugu area is 22200-22300 yuan / ton; The ex factory tax included spot exchange in Ningxia is 22200-22300 yuan / ton; The ex factory tax included spot exchange in Taiyuan is 22300-22400 yuan / ton; The ex factory tax included spot exchange in Wenxi area is 22400-22500 yuan / ton.

Market analysis

Supply and demand: at present, there are few magnesium ingots in stock, most of them have to arrange orders in futures, and merchants have a strong willingness to support prices; On the demand side, downstream customers generally have low acceptance of high prices, the pace of procurement slows down, and they often maintain a wait-and-see attitude. Both suppliers are in a game state, and the downward momentum of magnesium price is small.

Raw materials: ferrosilicon and coal prices are still high and stable. Due to the impact of raw material inventory, some coking enterprises have started the fifth round of increase. Some ferrosilicon merchants have heard the news that the government will pay attention to the problem that the dual control target of energy consumption in the first half of the main production area Ningxia is far lower than expected, driving ferrosilicon merchants to be optimistic about the future market.

Future forecast

Overall, the price of magnesium fluctuated in a narrow range this week, and the overall high consolidation. With the tight spot market, the stalemate between the supply and demand sides and the support of high raw material costs, the downward space of magnesium ingots is limited. In the short term, the domestic magnesium ingot price may be strong.

Recent price trend of isooctanol

As can be seen from the above figure, the ex factory price of isooctanol in Shandong fell this week. This week, the average ex factory quotation price of isooctanol in Shandong fell from 18233.33 yuan / ton at the beginning of the week to 17800 yuan / ton at the end of the week, a decrease of 2.38%, a year-on-year increase of 156.12% compared with the same period last year. Overall, the isooctanol market fell this week, and the isooctanol commodity index was 130.88 on August 20.

Downstream demand weakened and isooctanol fell again

From the perspective of manufacturer’s quotation, the ex factory quotation of mainstream isooctanol manufacturers in Shandong fell this week: Jianlan chemical offered 17900 yuan / ton of isooctanol this weekend, down 300 yuan / ton compared with the beginning of the week; The quotation of isooctanol at the end of this week was 17500 yuan / ton, which was 700 yuan / ton lower than that at the beginning of the week; Hualu Hengsheng offered 18000 yuan / ton of isooctanol this weekend, down 300 yuan / ton compared with the beginning of the week.

From the upstream and downstream industrial chain, the propylene market in the upstream raw material market of isooctanol increased slightly this week. The quotation increased from 7702.18 yuan / ton at the beginning of the week to 7748.55 yuan / ton at the end of the week, an increase of 0.60%, an increase of 11.07% over the same period last year. The market price of upstream raw materials rose slightly, which had a positive impact on the price of isooctanol due to the impact of supply and demand.

In the downstream market of isooctanol, the ex factory price of DOP fell slightly this week. DOP quotation decreased from 15175.00 yuan / ton at the beginning of the week to 14900.00 yuan / ton at the end of the week, a decrease of 1.18%, an increase of 112.86% over the same period last year. Downstream DOP prices fell slightly, downstream customers’ enthusiasm for octanol procurement weakened, and the demand for isooctanol weakened.

Weak demand and bearish outlook

In late August, the market trend of Shandong isooctanol may fluctuate slightly. On the whole, recently, isooctanol units have been started successively, the overall operating rate of the isooctanol industry has increased, the upstream support is limited, the downstream market is general, and the demand is weakened. Therefore, the isooctanol analysts of business society believe that the domestic isooctanol market may fluctuate slightly in late August.

International crude oil is weak and downward, with limited cost side support for the asphalt market, heavy market bearish sentiment and low enthusiasm for some goods. Moreover, during this cycle, the supply of some maintenance devices was restored, the market supply increased, and the contradiction between supply and demand was relatively prominent. According to the monitoring data of business agency, from August 13 to August 23, the average spot price of domestic asphalt fell from 3413 yuan / ton to 3386 yuan / ton. During the cycle, the price fell by 0.78%, the price rose by 1.20% month on month and 34.13% year-on-year.

On the supply side, some refineries in the main production areas of Shandong have resumed normal production, with a slight increase in construction. Recently, qilingnan plans to resume asphalt production, and enterprises in Shandong are expected to start or continue to increase; From the demand side, the downstream terminal demand is tepid, the inventory pressure of some main refineries is obvious, and the contradiction between supply and demand remains.

With the improvement of rainfall and epidemic situation, it is expected that the demand in some areas is expected to pick up slightly, but the overall recovery is limited. Asphalt analysts of business society expect that the domestic asphalt spot market will still be mainly sorted out in the near future.

1、 Price trend

According to the bulk list data of business society, the domestic glycine price remained stable this week, and the average price of industrial grade glycine remained 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 remains stable at a high level. The industrial glycine of enterprises is quoted at 25000 yuan / ton. The devices of start-up enterprises are fully opened, the delivery situation is acceptable, and the inventory is limited. 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 downstream glyphosate price remained stable. In early August, the price of glyphosate (95% technical drug) rose to 51500 yuan / ton, at a high level in recent ten years, up 138% year-on-year. Orders from domestic enterprises have been scheduled to September October. The downstream demand is strong, and the glyphosate industry continues to receive attention.

3、 Future forecast

Glycine analysts of business society believe that the current glycine supply is sufficient, and the glycine price is strong under the support of demand. It is expected that the glycine market will continue to operate at a high level and maintain stability in the near future.

According to the bulk commodity list data of business society, the formaldehyde Market in Shandong fell this week. At the beginning of the week, the average price of formaldehyde in Shandong was 1343.33 yuan / ton, and at the weekend, the average price of formaldehyde in Shandong was 1320.00 yuan / ton. The current price fell by 1.86% month on month, and the current price rose by 53.49% year-on-year.

The market price of formaldehyde in Shandong fell this week. As of August 13, the mainstream market price in Shandong was 1300-1350 yuan / ton. Linyi Jinyuan Chemical has two formaldehyde production lines that were discontinued on June 25, with an annual production capacity of 80000 tons and a formaldehyde content of 37%. Recently, the trading atmosphere in the formaldehyde market is poor and the shipment is not smooth. Formaldehyde manufacturers take the initiative to reduce the price in order to ship, and the formaldehyde market shows a downward trend.

Upstream methanol: the transaction price of methanol market in northern Shandong is 2440-2460 yuan / ton, which is delivered to spot exchange. The transaction is general and stable for the time being. The transaction of methanol market in central Shandong is about 2450-2470 yuan / ton, which is delivered to spot exchange. The transaction is general and the fluctuation is limited. The negotiated price in the methanol market in southern Shandong is up to 2480 yuan / ton, and the nearby factory provides cash exchange. Linyi receives the local goods to negotiate the price to 2470-2480 yuan / ton and sends them to cash exchange. The quoted price of logistics goods is not available for the time being. The atmosphere is average. Methanol market fell steadily, unable to support the cost of formaldehyde.

At present, the start-up of plate plants in Shandong is OK, but under the background of the influx of formaldehyde from the periphery into Shandong, the demand for formaldehyde is also limited, so it is just needed to purchase. Formaldehyde manufacturers cut prices and shipped, and the formaldehyde market fell slightly.

Recently, the upstream raw material methanol market has become weaker and weaker, unable to support the cost of formaldehyde, and the downstream gas buying is OK. Therefore, the formaldehyde analyst of the chemical branch of the business society expects that the recent price of formaldehyde in Shandong is mainly lower by shock.

According to statistics, the price trend of domestic ammonium nitrate was temporarily stable this week. By the end of the week, the market price of domestic ammonium nitrate was 3550 yuan / ton, which was the same as that at the beginning of the week, with a year-on-year increase of 51.71%. On August 13, the ammonium nitrate commodity index was 186.84, unchanged from yesterday, hitting a record high in the cycle, an increase of 141.49% from the lowest point of 77.37 on October 31, 2016（ Note: the period refers to the period from February 1, 2013 to now).

The domestic ammonium nitrate market price remained high this week. The domestic ammonium nitrate manufacturers generally started their units, and the supply of ammonium nitrate in the field was normal. Some manufacturers reported that the upstream coal raw material price was high, the cost increased significantly, and the manufacturer’s price reached a historical high. Recently, the supply of goods in the field was tight, the transportation was normal, and the market price trend of ammonium nitrate was stable. Recently, the shipment market of ammonium nitrate manufacturers is normal, the downstream purchases on demand, the domestic ammonium nitrate manufacturers start normal, and the prices of some manufacturers are at a historical high. Up to now, the mainstream negotiation in Shaanxi is 3500-3600 yuan / ton, the mainstream negotiation in Shandong is 2700-2900 yuan / ton, and the price in Hebei is 4400-4500 yuan / ton.

The price trend of domestic concentrated nitric acid was temporarily stable this week. The price at the weekend was 3096.67 yuan / ton, which was the same as that at the beginning of the week. Anhui Jinhe offered 3200 yuan / ton; Shandong helitai offers 3200 yuan / ton. Shaanxi Xinghua offers 2650 yuan / ton. Recently, the domestic maintenance units operate normally, the market supply of concentrated nitric acid is normal, and the delivery of goods in the field is general. The price of nitric acid in the field remains high, and the market price trend of ammonium nitrate remains high.

The price trend of upstream liquid ammonia was temporarily stable this week. The price at the weekend was 4800 yuan / ton, which was the same as that at the beginning of the week. As domestic commodities usher in a new round of rising cycle, especially the upstream coal of liquid ammonia, the rise is strong. Good cost support is obvious. In addition, the supply of liquid ammonia continues to be tight. At present, it is still affected by the low operating rate of domestic devices and too many maintenance devices, and the supply has decreased significantly, resulting in insufficient supply in the market, superimposed with dealer speculation and other factors, and the price of liquid ammonia remains high. In the downstream, the current agricultural fertilizer has increased, the downstream demand is general, and the market price trend of ammonium nitrate is temporarily stable.

Recently, the demand of the downstream civil explosive industry is normal. In addition to the normal production and sales of nitro compound fertilizer, the demand for calcium ammonium nitrate has increased. In addition, the market price of raw materials has little change, and the coal market price remains high. However, the spot supply of ammonium nitrate in the field is general, and the high cost has a certain positive impact, Ammonium nitrate analysts of business society believe that the market price of ammonium nitrate may remain high in the later stage.

According to the data monitoring of business agency, the dichloromethane market rose slightly this week (8.9-8.13). As of August 13, the average price of dichloromethane in Shandong was about 4135 yuan / ton, up 1.6% from 4070 yuan / ton at the beginning of the week.

After the rainy season, the construction in the downstream has gradually picked up, and the support for dichloromethane has increased.

The price of raw liquid chlorine is low, the price of methanol is slightly weak, and the cost support is weak. According to the business agency, as of August 13, the methanol price was 2565 yuan / ton, slightly adjusted from 2572 yuan / ton at the beginning of the week; The mainstream ex factory price of liquid chlorine of tank car in Shandong Province is about 900 yuan / ton.

Future forecast: Analysts of methane chloride data of business society believe that the cost side of dichloromethane market is still weak in the near future, and the supply and demand side has improved. On the whole, the dichloromethane market will fluctuate in a narrow range in the later stage.