Monthly Archives: January 2022

The market price of lithium hydroxide rose this week (1.3-1.9)

According to the bulk list data of business society, as of January 9, the average price of domestic industrial lithium hydroxide enterprises was 223333.33 yuan / ton, up 3.08% compared with Monday’s price, 29.09% compared with December 1, and 34.27% year-on-year in a three-month cycle.

 

povidone Iodine

The market price of industrial lithium hydroxide rose this week. In terms of cost, the price of raw material spodumene is high, the price of lithium carbonate keeps rising, the cost support is strong, and lithium hydroxide actively follows the rise of raw materials; From the supply side, the supply side is relatively stable; From the demand side, the downstream inquiry and procurement are active, the market atmosphere is active, and the lithium hydroxide Market is rising steadily.

 

EDTA

Upstream lithium carbonate, according to the data monitoring of business society: after the new year’s Day holiday, the price of industrial and battery grade lithium carbonate kept rising, and the price kept breaking new highs. On January 9, the average price of industrial grade lithium carbonate in East China was 289000 yuan / ton, which was 8.65% higher than that in early Zhou (the average price of industrial grade lithium carbonate in East China was 266000 yuan / ton on January 3). On January 9, the average price of battery grade lithium carbonate in East China was 304000 yuan / ton, which was 7.8% higher than that in early Zhou (the average price of battery grade lithium carbonate in East China was 282000 yuan / ton on January 3).

 

The lithium hydroxide analyst of business society believes that at present, lithium hydroxide is rising with lithium carbonate. The overall market atmosphere is good and bullish. It is expected that the domestic industrial lithium hydroxide market may rise in the short term.

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The cost side improved and the price of liquid ammonia rebounded slightly

Last week (1.3-7), the market of liquid ammonia rose steadily, partially affected by the decline of ammonia volume, the price recovered slightly, and the price market of Shandong and Hebei stabilized and rose. There is no significant change in southwest, northwest and other places. However, at present, the market is still in a balanced supply and demand and partially tight situation. According to the monitoring of business agency, as of January 7, the weekly increase of liquid ammonia in Shandong was 0.76%. At present, the mainstream price of liquid ammonia in Shandong is 4100-4300 yuan / ton.

 

Azodicarbonamide (AC foaming Agent)

On the supply side, last week, the operating rate of liquid ammonia remained stable, the ammonia amount in the main production areas of Shandong, Hebei and two lakes changed little, the ammonia release amount of some manufacturers in Shandong decreased, and the local supply was slightly tightened. As well as the recovery of urea price in the lower reaches, some ammonia volume was affected. The ammonia volume of southwest gas head enterprises and Northwest China was stable, and the price fluctuated slightly.

 

On the cost side, at present, the price of liquid ammonia is still driven by the improvement of the cost side, and the coal stopped falling and rebounded after the festival. The weekly rebound was 3.8%. Near the end of the year, due to the impact of safety inspection, the supply of thermal coal has been tightened, but the supply guarantee policy continues. On the whole, the supply is still relatively loose, the sales situation of origin has improved, and the coal price has increased after the reduction; In terms of ports, after new year’s day, downstream inquiry increased, market activity increased, and traders’ market sentiment improved. The rise of coal prices led to the follow-up of methanol and urea in the downstream, and liquid ammonia followed up slightly.

 

From the demand side, urea and compound fertilizer have improved. Urea rose by 1.65% in the week. Industrial demand is mainly just demand, and agricultural demand has improved slightly. Winter wheat Topdressing and fertilizer winter storage accelerated in some areas, and dealers followed up bargain hunting. In terms of supply, the maintenance of gas head urea enterprise has not been completed, and the urea supply is tight. On the whole, the cost support of urea is strengthened, the downstream demand is improved, and the urea supply is insufficient. It is expected that there are still some interesting points in urea and compound fertilizer in the near future.

 

From the above figure, the price comparison chart of urea and liquid ammonia shows that the trend of liquid ammonia and urea is basically the same. At present, there are signs of further widening the price difference between urea and liquid ammonia, indicating that the market of liquid ammonia is still weaker than that of urea.

povidone Iodine

 

From the above figure and the liquid ammonia industry chain diagram, the liquid ammonia industry chain has improved slightly, the price of natural gas in the upstream of the gas head has increased strongly, and the price of ammonia enterprises in the southwest gas head may tend to be strong in the later stage. However, many downstream products still show a downward trend, indicating that the downstream is still weak and lack of substantive improvement.

 

Future forecast: the business community believes that in the short term, the supply and demand of liquid ammonia is basically balanced and partially tight, and the cost side may continue to support the ammonia price. It is expected that liquid ammonia will still have room to rise in the near future, but subject to the demand increase or limited.

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Melamine market steady adjustment operation (1.4-1.11)

According to the monitoring sample data of business society, as of the afternoon of January 11, the average price of melamine enterprises was 9783.33 yuan / ton, an increase of 1.21% compared with last Tuesday (January 4), a decrease of 23.13% compared with December 11, and a year-on-year decrease of 45.34% in a three-month cycle.

 

Melamine

Recently, the melamine market has increased steadily. On the cost side, the price of raw urea has risen recently, and the cost support has risen. On the supply side, some maintenance devices have been restored one after another, and the operating rate has increased. On the demand side, the export market supports the market, and the domestic trade demand gradually weakens. At present, melamine enterprises mainly execute advance orders, and the delivery of goods is acceptable.

 

EDTA

For upstream urea, the domestic urea market rose on January 11, up 2.57% from January 4. The prices of upstream coal and liquefied natural gas have stopped rising recently, and the cost support has been strengthened. From the perspective of demand: the promotion of agricultural demand is accelerated, and industrial demand is mainly wait-and-see. Agricultural fertilizer preparation began to increase in some areas, and the winter storage of chemical fertilizer accelerated. The market price of melamine was adjusted at a low level, the inventory of enterprises was under pressure, and the focus of market negotiation was weakened. In terms of supply, the maintenance of some gas head enterprises has not been completed, and the urea supply is tight. On the whole, the cost support of urea is enhanced, the downstream demand is enhanced, the urea supply is insufficient, and the future urea is mainly increased slightly.

 

Melamine analysts of business society believe that at present, the price of raw material urea is rising, the cost support is strengthened, the operating rate of melamine is high, and the export orders have a certain support for the market, but the domestic trade demand is light, the short-term market atmosphere is OK, the melamine market may be stable, and more attention should be paid to the guidance of market news.

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The price of domestic hydrochloric acid rose by 1.89% (1.1-1.7) this week

Recent price trend of hydrochloric acid

 

povidone Iodine

As can be seen from the above figure, the price of domestic hydrochloric acid increased slightly this week, and the quotation increased from 318.00 yuan / ton at the beginning of the week to 324.00 yuan / ton at the end of the week, an increase of 1.89%, a year-on-year increase of 15.71% compared with the same period last year. Overall, the domestic hydrochloric acid market rose slightly this week. On January 9, the commodity index of hydrochloric acid was 85.26, the same as yesterday, down 38.17% from the highest point of 137.89 in the cycle (2021-10-26), and up 374.19% from the lowest point of 17.98 on September 5, 2012. (Note: the period refers to the period from September 1, 2011 to now)

 

The upstream support is weakened and the downstream procurement is general

 

From the manufacturer’s quotation, the domestic hydrochloric acid market price rose slightly this week. Dezhou Shihua hydrochloric acid is quoted at 500 yuan / ton this weekend, which is temporarily stable compared with last weekend; The price of synthetic hydrochloric acid from Wen Shui is 290 yuan / ton this weekend, which is temporarily stable compared with last weekend; Dezhou Maihua hydrochloric acid is quoted at 50 yuan / ton this weekend, which is temporarily stable compared with last weekend; Liaocheng Huatong hydrochloric acid quoted 180 yuan / ton this weekend, up 30 yuan / ton compared with last weekend; Xiangcheng Sanan hydrochloric acid is quoted at 600 yuan / ton this weekend, which is temporarily stable compared with last weekend.

 

Azodicarbonamide (AC foaming Agent)

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market fell slightly, weakening the support for hydrochloric acid. The price of downstream polyaluminium chloride decreased slightly, and the quotation decreased from 2502.22 yuan / ton last weekend to 2490.00 yuan / ton this weekend, a decrease of 0.49%, a year-on-year increase of 37.79% compared with the same period last year; The market price of ammonium chloride decreased slightly, and the quotation decreased from 1095.00 yuan / ton last weekend to 1087.50 yuan / ton this weekend, a decrease of 0.68%. On the whole, downstream products are not enthusiastic about purchasing hydrochloric acid, which has a negative impact on the price of hydrochloric acid.

 

Future forecast

 

The market of upstream liquid chlorine has fallen recently, the cost support is general, the market of downstream polyaluminium chloride and ammonium chloride has declined slightly, and the willingness to purchase downstream has weakened. Business analysts believe that hydrochloric acid has mainly suffered a slight shock and decline recently.

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Potassium carbonate market is stable this week (1.03-1.07)

According to the data monitored by the business agency, the average ex factory tax price of the mainstream light potassium carbonate in Shanxi this week was 8133.33 yuan / ton. The current price was flat month on month, and the current price increased by 25.13% year-on-year.

 

Azodicarbonamide (AC foaming Agent)

Potassium carbonate

 

The price of potassium carbonate remained stable this week. As can be seen from the above figure, the potassium carbonate market has been shaken and consolidated for more than two months, and the market continues to remain stable this week, mainly because the tight market supply has been slightly relieved, the market trading atmosphere is general, the downstream just needs to purchase, the price of potassium carbonate basically does not fluctuate, and may rise with the potassium chloride Market in the later stage. According to the statistics of business agency, the mainstream factory quotation range of domestic industrial grade potassium carbonate this week is about 7900-8400 yuan / ton (the quotation is for reference only). The quotation is different according to different procurement conditions.

 

povidone Iodine

The market of potassium chloride has risen recently. The market price of 60% white potassium in domestic potassium is about 3600-3900 yuan / ton. The price of 62% white potassium in the port is about 4000-4100 yuan / ton. 62% Russian White potassium in border trade is about 3800-3900 yuan / ton. The higher potassium chloride market can support the cost of potassium carbonate.

 

Recently, the domestic potash fertilizer market is at a high level, the potassium chloride market is rising, and under the support of cost, it is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and sorted and analyzed by potassium carbonate analysts of business society. They are for reference only. Please contact relevant manufacturers for more price details).

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In 2021, the price of silica fluctuated upward, with an annual increase of 42.61%

In 2021, the domestic rubber grade silica market continued its upward trend. In January, the price was 4733.33 yuan / ton, and as of December 30, the price was 6750 yuan / ton, an increase of 42.61% for the whole year, reaching 2000 yuan / ton. In the first half of 2021, the silica market was tepid and operated steadily for several months until June. After opening in the second half of the year, the silica showed a narrow upward trend, The focus of negotiation has been high for several consecutive months, and the supply side is tight. The price has stabilized again in mid November. The lowest price of white carbon black in 2021 is 4733.33 yuan / ton in January, and the highest price in early November is 6875 yuan / ton.

 

In the first half of 2021, the white carbon black market is mainly dominated by stable transportation, with a large number of contract orders, most of which are just in need of procurement. The procurement atmosphere is flat and the number of new orders is limited. Near the Spring Festival in 2021, the white carbon black shipment is slow, the negotiation atmosphere is general, the merchants are cautious in taking goods, the white carbon black was sorted out in a narrow range in the first quarter, and the price remained at about 4750 yuan / ton, entering the second quarter, The mainstream price of white carbon black remained at 4700-4800 yuan / ton. It was slightly stronger in the second quarter, and the overall price increased by 0.35%. The price fluctuation range of white carbon black in the first half of the year was not very large, and the price has been hovering around 4800. For many years, the tire industry has relied on precipitated white carbon black as an important reinforcing agent in rubber to improve the wet skid resistance of tires, Steering controllability and wear resistance. Generally speaking, white carbon black plays an important role in vehicle safety and fuel consumption, while the high demand for new energy vehicles does not promote the market situation of white carbon black.

 

EDTA

White carbon black plays an important role in the manufacturing of automobile tires. As we all know, tires have wear resistance, safety, environmental protection and clean oil performance. In 1992, French Michelin developed the world’s first “green tire” filled with a large amount of white carbon black, which significantly improved the wet and skid resistance of tires and opened up a new direction of tire research and development, In the past two years, due to the impact of public events, domestic transport vehicles have decreased significantly, the recovery is slow, and the domestic white carbon black market is depressed. There are 23 gas silicon production enterprises in China, and the overall operating rate is affected. Some enterprises have not stopped work, the inventory of operating enterprises is increasing, and the transaction atmosphere is flat. Throughout the first half of 2021, Domestic rubber grade silica showed a stable and weak operation, and the transaction price was basically maintained below the cost line.

 

Chemical commodity index: on December 30, the chemical index was 1103 points, unchanged from yesterday, decreased by 21.21% compared with the highest point of 1400 points in the cycle (2021-10-23), and increased by 84.45% compared with the lowest point of 598 points on April 8, 2020. (Note: the period refers to the period from December 1, 2011 to now)

 

In the second half of the year, the trend of silica was strong, and the price had an upward trend. In the third quarter, the overall price of silica increased by 11.97%. By the end of September, the mainstream price of silica was about 5300 yuan / ton. From June to September, the domestic rubber grade silica remained stable and rising, the trend was strong, and the manufacturer’s price increased slightly, From the end of September to October, the mainstream price of white carbon black was about 6800 yuan / ton, and the price increased slightly. The spot in the overall market was tight and slightly relieved. It was mainly for contract customers. In early November, the mainstream price of white carbon black was about 6870 yuan / ton. The trend of white carbon black was stable and the price change was not obvious. As of December 30, the mainstream price of white carbon black was 6750 yuan / ton, The whole second half of the year increased by 43.11%, and the curve showed a continuous upward trend. The overall market operated strongly in the second half of 2021.

 

Melamine

Upstream hydrochloric acid: in the first half of 2021, the hydrochloric acid market was in strong shock operation, the price fluctuated, and the overall market price was stable. In the second half of 2021, the trend of the hydrochloric acid market was strong, the shock was upward, some enterprises started maintenance, the supply side was low, and the willingness to purchase was good. The price reached a high point in the middle and early October, and then the price began to decline, which continued from November to December, The trend of hydrochloric acid fluctuated and declined. In December, the market of hydrochloric acid fluctuated and fell first, then rose and then fell. As of December 28, the mainstream price of hydrochloric acid was 320.00 yuan / ton, with insufficient upstream support and insufficient downstream procurement follow-up. It is expected that hydrochloric acid will fluctuate and decline slightly in the near future.

As a reinforcing agent, white carbon black is mainly used in the field of rubber tires, accounting for 70% of the total. White carbon black can reduce tire resistance and resist wet skid. It can be used to produce green tires and replace carbon black for sidewalls. White carbon black is currently in a steady upward trend. With the development of power vehicles, green environmental protection has attracted the attention of the state, and white carbon black, as a representative of green tires, In the near future, I believe I will usher in my own spring.

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The ethanol market fluctuated in December

In December, the domestic corn ethanol market fluctuated and sorted out, and the overall price is still at a high level. According to the sample data monitored by the business community, the price was 7000 yuan / ton, a decrease of 0.18% in the month, and the price was flat year-on-year.

 

Annual comparison chart of ethanol prices from 2017 to 2021:

 

At the beginning of June, the listing volume of new season corn continued to increase, and the supply increased, which may affect the price of corn. However, farmers are reluctant to sell and the drying price is high, or support the high consolidation of short-term price. It is difficult to alleviate the cost pressure of corn ethanol plant and have room for improvement. Baijiu demand or gradual improvement. In terms of chemical industry, it is difficult to bring obvious support to the market by continuing to maintain rigid demand procurement. In the short term, the domestic ethanol market is mainly high and fluctuated slightly.

 

Benzalkonium chloride

In the middle of the month, with the continuous increase of the listing volume of corn in the new season, the corn price in the main production areas is expected to callback, and the cost pressure of corn ethanol plants will be relieved, which supports the commencement of corn ethanol industry. Baijiu demand or gradual improvement. In chemical industry, ethyl acetate plant may have bidding demand; The overall market demand is relatively stable.

 

In late June, the domestic ethanol market entered the consolidation stage. Recently, the prices of raw corn and coal have returned to calm, and the cost of ethanol has little impact on the market. The demand is mostly rigid demand, chemical demand is relatively stable, and the operating rate of downstream enterprises is generally high. Baijiu industry is approaching the demand due to holidays.

 

Monthly K column chart of ethanol domestic production price:

 

Weekly K column chart of ethanol domestic production price:

 

According to the price monitoring of the business community, in the list of commodity prices in December 2021, there were 35 kinds of commodities rising month on month in the chemical sector, including 19 kinds of commodities rising by more than 5%, accounting for 18.1% of the monitored commodities in the sector; The top three commodities were chloroform (41.13%), lithium carbonate (37.11%) and dichloromethane (36.91%). A total of 62 commodities decreased month on month, and 40 commodities decreased by more than 5%, accounting for 38.1% of the monitored commodities in this sector; The products with the top three declines were melamine (- 40.08%), baking soda (- 29.05%) and butadiene (- 27.26%). The average rise and fall this month was – 2.38%.

 

Comparison chart of price trend of corn (upstream raw material) and ethanol in business community:

 

Comparison chart of price trend of ethanol and ethyl acetate (downstream products) of business society:

Sodium Molybdate

 

As of December 31, the latest price dynamics of ethanol market in various regions:

 

Region, Category, Price

Shandong region General level 6830-6850 yuan / ton

Shandong region Superior corn 7100-7250 yuan / ton

Shandong region Corn anhydrous 7600 yuan / ton

Southern Jiangsu General level 7100-7200 yuan / ton

Northern Jiangsu General level 6750-6850 yuan / ton

Northern Jiangsu Superior 7000 yuan / ton

Northern Jiangsu anhydrous 7650-7700 yuan / ton

Anhui region Cassava general About 6900 yuan / ton, including tax

Anhui region anhydrous About 7700 yuan / ton, ex factory tax included

Sichuan region Corn alcohol 7500-7600 yuan / ton, tax included

Yunnan region Molasses alcohol 6900-7000 yuan / ton, ex factory tax included

Jinzhou area, Liaoning Province Corn alcohol general grade 6750-6850 yuan / ton

Heilongjiang Region General level 6100-6300 yuan / ton, tax included

Heilongjiang Region Absolute ethanol 6800-7000 yuan / ton

Jilin Region Ordinary alcohol 6350-6650 yuan / ton

Jilin Region Premium alcohol 6750 yuan / ton

Jilin Region Absolute ethanol 6900-7300 yuan / ton, tax included

Guangxi region Honey alcohol 7100 yuan / ton

Guangxi region Corn / Cassava 95% alcohol 6800-7100 yuan / ton

Guangxi region Absolute ethanol 7700-7750 yuan / ton

Guangdong region Honey alcohol 7150-7250 yuan / ton, Dongguan self delivery

Guangdong region Rice / Cassava / corn general ethanol About 7000 yuan / ton

Guangdong region Anhydrous cassava ethanol 7900-8100 yuan / ton

Henan region Superior 7000-7050 yuan / ton, tax included

Henan region Absolute ethanol 7550-7750 yuan / ton, tax included

Hebei region General level 6400-6450 yuan / ton

Hebei region anhydrous 7150 yuan / ton

 

Raw corn and molasses fluctuated at a high level, and the cost pressure of the factory was high. However, the falling price of raw cassava will benefit some cassava ethyl ester factories, and the market supply is sufficient. The downstream chemical industry maintained just needed procurement, and the overall performance of new orders in the market was average. The ethanol analyst of business society expects that the domestic ethanol market will be mainly sorted out in the short term.

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In December, the price of butyl acetate continued to decline and may stabilize and rebound in the near future

In December, the domestic butyl acetate market continued the decline of last month, and the price continued to decline, with an obvious decline, which was mainly affected by the weak cost and weak supply of upstream acetic acid. According to the monitoring of business society, butyl acetate fell by 10.64% in the month. At the end of the month, the domestic mainstream quotation of butyl acetate was 9400-9700 yuan / ton. At present, butyl acetate has entered the process of continuous bottom exploration.

Azodicarbonamide (AC foaming Agent)

 

First, in terms of the upstream acetic acid market, according to the monitoring of the business society, the acetic acid price decreased significantly in December. The average price of acetic acid at the beginning of the month was 6590 yuan / ton, the price at the end of the month was 6180 yuan / ton, the price decreased by 410 yuan / ton within the month, a decrease of 6.22%, and the price increased by 35.33% year-on-year. Most of the acetic acid units operated normally this month. Although some enterprises maintained their units, due to the preparation of goods in the early stage, the market supply was sufficient, while the downstream demand was weak, and the focus of the acetic acid market continued to move downward under the trend of oversupply. The cost support weakened, and the downstream ethyl acetate and butyl ester prices fell.

 

In addition, in terms of upstream n-butanol, according to the monitoring of business society, n-butanol continued its decline in November in December, with a decline of 7.84%. The domestic downstream demand was cautious, and the n-butanol plant accumulated inventory, increasing the shipping pressure. In the last ten days, the market rebounded slightly, downstream users replenished on bargain hunting, the trading atmosphere on the floor was peaceful, and the overall supply pressure of n-butanol was relieved. This is also an important reason for the downstream butyl acetate to stop falling and stabilize.

 

EDTA

In terms of supply and demand, the operating rate of major manufacturers is high this month, and the market supply is sufficient. Under the pressure of inventory, the prices of major manufacturers continued to decline, with a cumulative decline of nearly 1000 yuan in the whole month. The manufacturer’s shipment speed is weak, and the price support psychology is weakened, which has a significant impact on the market. In addition, traders are not active in taking goods, and downstream factories on the demand side are only limited to just need to buy. Market trading is not active, demand follow-up is insufficient, and the market has not substantially improved.

 

Future forecast: in the short term, acetic acid on the cost side will obviously stop falling and stabilize, and n-butanol will hit the bottom and rebound, which will form a bottom support for downstream butyl acetate and may rebound in the later stage. However, the supply side is still relatively sufficient, the demand performance at the end of the year is general, and the social inventory is still high. It is comprehensively expected that the butyl acetate Market will stabilize or rebound in the near future, but the increase may be very limited.

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Brief description of price trend of pure benzene in December (December 1-december 31, 2021)

1、 Price trend

 

According to the bulk list data of business society, pure benzene fluctuated higher in the first half of this month, with an increase of more than 5%; In the second half of the month, prices fell first and then rose, and prices continued to rise. On December 1, the price was 6100-6450 yuan / ton (the average price was 6340 yuan / ton); On December 30, the price was 6950-7100 yuan / ton (the average price was 7020 yuan / ton), the highest price of this month appeared on December 30, the price was 7020 yuan / ton, and the lowest price appeared on December 2-3, the price was 6310 yuan / ton. This month increased by 10.73%, up 66.98% over the same period last year, and the difference between the highest and lowest prices in the month was 710 yuan / ton.

 

2、 Analysis and review

 

In the first ten days, pure benzene fluctuated upward in a narrow range. In mid June, Shandong hyped the news that new downstream devices were about to be put into operation, and the price rose rapidly. However, the production of downstream units was delayed, and the port continued to be tired, and the price of pure benzene fluctuated and fell to the end of the month. Downstream production and replenishment at the end of the month led to a new round of rise in pure benzene.

 

This month, the pure benzene market continued to be affected by the bad accumulation of port inventory. The price fell after rising for many times. At the end of the month, the accumulated inventory rose to a high level, and the inventory pressure in East China was obvious.

 

Azodicarbonamide (AC foaming Agent)

This month, Sinopec’s pure benzene price was mainly increased four times, with a total increase of 850 yuan / ton to 7300 yuan / ton. Affected by demand, North China fluctuated more frequently.

 

In terms of crude oil, the international oil price rebounded after falling to a low at the beginning of the month. The market constantly weighed the impact of Omicron mutant strain on economy and demand, and the international oil price fluctuated and rose. As of December 30, Brent rose $8.75 / barrel, or 12.4%; WTI rose $10.81/barrel, or 16.33%.

 

In terms of external market, Asian pure benzene rose mainly this month. In the early morning of December 23, a fire broke out at Mobil plant in Texas, USA, which affected the pure benzene plant. The US gold market rose significantly, driving the rise of pure benzene in Asia. On December 30, the reference price of pure benzene in the Korean market was US $986 / T, an increase of US $139 / T or 16.41% over November 30; Pure benzene imported from East China was USD 992.5/t, an increase of USD 119.5/t or 13.69% over November 30.

 

Downstream, styrene: after the shock rise of styrene this month, it fell broadly, and the price rebounded again at the end of the month. On December 1, the production price in Shandong was 7787.5 yuan / ton, and on December 30, the price was 8310 yuan / ton, an increase of 6.71% this month and 39.27% over the same period last year.

 

Aniline: aniline fell first and then rose this month. The market supply of aniline increased, the on-site buying was weak, the downstream consumption inventory was dominated, and the price fell. However, the cost side rose, driven by the bargain hunting sentiment in the downstream, the aniline inventory consumed rapidly, and the price stopped falling and rose broadly. On December 1, the price in Shandong was 9200-9380 yuan / ton; The price of aniline in Nanjing is 9300-9500 yuan / ton; On December 30, the price in Shandong was 9500-9980 yuan / ton; The price of aniline in Nanjing was 10000 yuan / ton, an increase of 5.78% this month and 23.63% over the same period last year.

 

3、 Future forecast

 

povidone Iodine

In terms of raw materials, the prospect of crude oil demand is good, and the short-term high level of crude oil fluctuates under the positive influence of high European natural gas prices. In the future, we will continue to pay attention to the impact of global climate, epidemic situation, OPEC + decisions on output, US crude oil and refined oil storage dynamics, global economic conditions and so on on on crude oil prices.

 

Downstream main product styrene: Port inventory decreased, and some goods were sold at low prices, and domestic short-term spot was still tight. However, the domestic styrene is expected to increase one after another, and the weak downstream demand inhibits the market growth. In the short term, the styrene market is more likely to rise and fall.

 

In the short term, the Asian pure benzene market will continue to be affected by the US gold plate, and the price will remain high. Affected by public health events, the unloading cycle of the port will be prolonged, and the downstream air filling will also push up the price of pure benzene. However, at present, there are still a large number of shipments of pure benzene in transit. In the later stage, the port inventory will continue to increase, the inventory pressure will not decrease, and the market may be restricted. On the whole, pure benzene is expected to continue to rise. Beware of the possibility of price decline after the good news dissipates. Continue to pay attention to the dynamic market of downstream, the dynamics of domestic pure benzene units, and the impact of the trend of crude oil and external disk on the price of pure benzene.

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Brief description of mixed xylene trend in December (December 1-december 31, 2021)

1、 Price trend

 

According to the bulk list data of business society, mixed xylene fell slightly this month. The price of xylene is 5890 yuan / ton on December 12; On December 30, the price was 5860 yuan / ton, the lowest price in this month was 5680 yuan / ton, and the highest price in this month was 5900 yuan / ton, down 0.51% from the beginning of the month; Compared with the same period last year, the price difference between the highest price and the lowest price in the month was 220 yuan / ton.

 

2、 Analysis and review

 

Mixed xylene is obviously affected by the trend of crude oil this month. At the beginning of the month, crude oil fell to a low level, and mixed xylene followed the decline in cost and related commodity prices. Mixed xylene surged as crude oil prices rebounded. Although the downstream demand is deadlocked, the port inventory of mixed xylene is normal, and the overall market is better than that of toluene. At the end of the month, boosted by the rise of crude oil and gasoline, prices rebounded at a low level.

 

In terms of crude oil, the international oil price rebounded after falling to a low at the beginning of the month. The market constantly weighed the impact of Omicron mutant strain on economy and demand, and the international oil price fluctuated and rose. As of December 30, Brent rose $8.75 / barrel, or 12.4%; WTI rose $10.81/barrel, or 16.33%.

 

In terms of external trading, the price of mixed xylene in Asia rose this month. On December 30, the price of mixed xylene imported from Korea was USD 768.5/t, an increase of USD 36 / T or 4.91% over November 30; The reference price of domestic imported mixed xylene was US $790.5/t, an increase of US $35.5/t or 4.7% over November 30.

 

EDTA

In the PX market, the domestic PX price continued to be stable this month, with the price at 6700 yuan / ton at the beginning of the month and 6700 yuan / ton at the end of the month. The price was flat compared with the beginning of the month and increased by 42.55% compared with the same period last year. On December 30, the closing price of p-xylene market in Asia was USD 874-876 / T FOB Korea and USD 892-894 / T CFR China.

 

In terms of PTA market, PTA prices in East China surged this month, with the price at 4478.6 yuan / ton at the beginning of the month and 4937.5 yuan / ton at the end of the month, an increase of 10.25% over the beginning of the month and 36.06% over the same period last year.

 

In terms of ox market, ox in East China stabilized after falling this month. The price was 6600 yuan / ton at the beginning of the month and 6300 yuan / ton at the end of the month, down 4.55% from the beginning of the month and up 26% from the same period last year.

 

In terms of gasoline, gasoline in Shandong fell sharply this month and rebounded slightly in the latter half of the month. The price was 7959.4 yuan / ton on December 1 and 7637 yuan / ton on December 31, down 4.05% from the beginning of the month and up 33.82% from the same period last year.

 

Melamine

3、 Future forecast

 

In terms of raw materials, the prospect of crude oil demand is good, and the short-term high level of crude oil fluctuates under the positive influence of high European natural gas prices. In the future, we will continue to pay attention to the impact of global climate, epidemic situation, OPEC + decisions on output, US crude oil and refined oil storage dynamics, global economic conditions and so on on on crude oil prices.

 

The short-term crude oil trend is strong and the cost side support is strong. However, the downstream demand is weak, and the supply of mixed xylene is expected to increase in the later stage. Overall, mixed xylene continued to fluctuate. Pay attention to the impact of crude oil and external market trend at the raw material end, plant dynamics of enterprises at the supply end, port inventory and downstream purchase at the demand end on the price of mixed xylene.

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