Monthly Archives: July 2022

The price of baking soda is weak this week (7.4-7.8)

1、 Price trend

 

Azodicarbonamide (AC foaming Agent)

According to the monitoring data of business agency, the price of baking soda was consolidated and operated this week. The average market price at the beginning of the week was 2783.33 yuan / ton, and the average market price at the weekend was 2766.67 yuan / ton. The price fell by 0.6%, up 61.16% year-on-year. On July 10, the baking soda commodity index was 183.63, unchanged from yesterday, down 22.14% from the highest point 235.84 in the cycle (2021-11-10), and up 108.03% from the lowest point 88.27 on December 22, 2020. (Note: the period refers to 2020-09-01 to now)

 

2、 Market analysis

 

povidone Iodine

According to the business news agency, the price of baking soda has been adjusted and operated, and the downstream market has been in general demand recently. At present, the price of baking soda in Henan is about 2750-3000 yuan / ton. Raw materials: soda ash prices are weak this week. The mainstream market price of light soda ash in East China is about 2850-3100 yuan / ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2850-3100 yuan / ton. Data show that as of June 30, 2022, the inventory of Chinese soda ash enterprises was 342200 tons, a month on month decrease of 55400 tons, a decrease of 13.93%.

 

Demand: downstream, the demand for baking soda in medicine, textiles and food is acceptable. In terms of raw materials, according to the monitoring data of the business community, the price of soda ash was weak this week. The average market price of light soda ash was 2920 yuan / ton at the beginning of the week and 2910 yuan / ton at the end of the week. The price fell by 0.34%, up 53% over the same period last year. In the downstream, the demand for baking soda from medicine, textile and food is acceptable in the near future. In a comprehensive view, the price of baking soda may maintain the consolidation operation in the short term, depending on the downstream market demand.

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Caustic soda prices are weak this week (7.4-7.11)

1、 Price trend

 

povidone Iodine

According to the monitoring data of business agency, the price of caustic soda was consolidated and operated. The average market price in Shandong at the beginning of the week was about 1232 yuan / ton, and the average market price in Shandong at the weekend was 1198 yuan / ton. The price was reduced by 2.76%, and the price increased by 124.98% over the same period last year. On July 10, the caustic soda commodity index was 176.12, unchanged from yesterday, down 33.66% from the highest point of 265.47 in the cycle (2021-10-27), and up 170.50% from the lowest point of 65.11 on October 9, 2020. (Note: the period refers to 2011-09-01 to now)

 

2、 Market analysis

 

According to the survey data of the business community, the domestic caustic soda price was weak this week. At present, the average market price in Shandong is about 1100-1230 yuan / ton. The mainstream ex factory quotation of 32% liquid caustic soda in Hebei is about 1150-1350 yuan / ton. At present, the operating load of enterprises is high, the inventory of enterprises is high, and the downstream enterprises are mainly wait-and-see. Enterprises generally ship goods, with heavy on-site wait-and-see mood, and the downstream receiving capacity is limited. The manufacturer gives priority to flexible quotation.

 

Azodicarbonamide (AC foaming Agent)

According to the price monitoring of the business community, in the 27th week of 2022 (7.4-7.8), there was a total of 1 commodity rising, 3 commodities falling and 1 commodity rising or falling to zero in the price rise and fall list of the chlor alkali industry. The main commodities rising are: calcium carbide (1.32%); The main commodities that fell were PVC (-5.42%), caustic soda (-0.65%), and light soda (-0.34%). The average rise and fall this week was -1.02%.

 

Business analysts believe that recently, the price of caustic soda is weak, and the wait-and-see attitude of downstream alumina is obvious. It is mainly purchased on demand, the overall demand is limited, and the market atmosphere is weak. It is comprehensively expected that the subsequent weak market operation of caustic soda is mainly based on the downstream market demand.

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Weak fundamentals and downward price of hydrogenated benzene (July 1 to July 8)

From July 1 to July 8, 2022, the ex factory price of hydrogenated benzene in North China fluctuated downward, at 9550 yuan / ton last weekend and 9350 yuan / ton this weekend, down 2.09% weekly.

 

Market price of domestic main hydrogenated benzene this week (unit: yuan / ton)

 

Market, Price on July 1, Price on July 8, Up and down

East China, 9450~9500., 9100~9150.,- three hundred and fifty

Shandong region, 9200~9300., 8900~9000.,- three hundred

 

Azodicarbonamide (AC foaming Agent)

In terms of crude oil, the market’s concern about the global economic recession increased, leading to a sharp fall in international oil prices, and WTI oil prices fell below $100 a barrel. However, the inventory of refined oil products in the United States fell, and the increase in demand led to a rebound in oil prices. As of July 8, Brent’s price fell by $4.61 per barrel, or 4.13%, this week compared with last week; WTI fell $3.64 / barrel, or 3.36%.

 

On July 8, international crude oil futures continued to rise. The settlement price of the main contract of WTI crude oil futures in the United States was $104.79 / barrel, up $2.06 or 2.0%; The settlement price of the main contract of Brent crude oil futures was $107.02 / barrel, up $2.37 or 2.3%. Previously, the oil price fell due to the risk of economic recession, and the oil price rebounded for two consecutive days. The main reason is that although the risk of global economic recession is still there, the market panic has weakened, and the focus has returned to the fundamentals of supply shortage.

 

Summary of Sinopec pure benzene price adjustment (unit: yuan / ton)

 

Date, Adjusted price, Adjustment amount

June 10, 10000.,+300

June 22, 9800.,-200

June 27, 9600.,-200

July 6, 9300.,-300

The ex factory price of Sinopec pure benzene was reduced by 300 yuan / ton on July 6, 2022, and 9300 yuan / ton was implemented.

 

povidone Iodine

Other enterprises: Dongming Petrochemical quote 9200 yuan / ton, Jingbo Petrochemical quote 9050 yuan / ton, HSBC Petrochemical quote 9200 yuan / ton, Weilian chemical quote 9003 yuan / ton, Xinhai Petrochemical quote 9100 yuan / ton.

 

This week, the hydrogenation benzene market as a whole fluctuated downward. Fundamentals crude oil prices fell sharply last week, Brent fell 4.13%, WTI fell $3.64 / barrel, down 3.36%. The outer disk of pure benzene fell broadly, and the import price in East China fell by 7.19%. Dragged down by fundamentals, the price of pure benzene in Sinopec fell by 300 yuan / ton to 9300 yuan / ton this week (the price of pure benzene in Hebei and Shandong fell to 9150 yuan / ton). This week, the hydrogenated benzene market mainly followed the trend of pure benzene downward. In the future, the downstream styrene has certain support, and the demand for pure benzene is well supported. It is expected that the short-term pure benzene will be weak and volatile. Continue to pay attention to the impact of crude oil and external market price trends, pure benzene port inventory, pure benzene and downstream device dynamics on prices.

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Market downturn, caprolactam prices fell (7.4-7.11)

1、 Price trend

 

Azodicarbonamide (AC foaming Agent)

According to the bulk list data of business agency, the average market price of domestic liquid caprolactam was 13700 yuan / ton on July 4 and 13600 yuan / ton on July 11. The price of caprolactam fell 0.73% this week.

 

2、 Market analysis

 

The raw material pure benzene market fell this week, and the cost support of caprolactam weakened. Most caprolactam manufacturers maintain their devices and operate at low load. The demand side purchases cautiously, and there is a strong bearish mentality on the floor. As of July 11, the price of Sinopec caprolactam liquid was 15600 yuan / ton, and it was accepted and withdrawn within six months. Baling Hengyi caprolactam liquid price is 14800 yuan / ton, the manufacturer’s production capacity is 450000 tons / year, and it will be accepted and picked up within 6 months. The price of Baling Petrochemical caprolactam liquid is 14800 yuan / ton, and the manufacturer’s capacity is 300000 tons / year. It will be accepted and picked up within 6 months. Shandong Hualu Hengsheng caprolactam apron price is 14300 yuan / ton, which is accepted and sent to East China, and the manufacturer’s device capacity is 300000 tons / year. Shandong Luxi Chemical caprolactam liquid price is 13250 yuan / ton, and the manufacturer’s capacity is 300000 tons.

 

Benzalkonium chloride

The price of raw material pure benzene continued to weaken this week. Affected by the sharp decline in crude oil during the week, bulk commodities weakened collectively; Pure benzene in Asia fell continuously, with bad external news; Coupled with general domestic buying, the price of pure benzene fell. This week, Sinopec cut the price of pure benzene by 300 yuan / ton to 9300 yuan / ton. The price of pure benzene in Hebei and Shandong was reduced to 9150 yuan / ton.

 

3、 Aftermarket forecast

 

The caprolactam analyst of the business society believes that the cost of caprolactam has been reduced at present, and the raw material support is weak. Weak follow-up of downstream demand and poor trading volume. In the case of many negative factors, it is expected that the caprolactam market will continue to decline in the short term.

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After the price of antimony ingots rose this week, it temporarily operated stably (from July 1 to July 8)

From July 1 to July 8, 2022, the market price of antimony ingots in East China rose. The price was 83250 yuan / ton last weekend and 83250 yuan / ton this weekend, unchanged.

 

Benzalkonium chloride

The K-bar chart of commodity prices uses the concept of K-line of price trend to reflect the weekly or monthly price changes in the form of a bar chart. Investors can buy and sell investments according to the changes of the K-bar chart. Red means: rising; Green means: down; The height of K column indicates the range of rise and fall. It can be seen from the above figure that the recent upward trend of the antimony ingot Market around the Spring Festival, entered a stable period after the middle of March, entered a downward channel in the middle of April, slowed down at the end of April, stabilized in May, and entered an upward channel in June.

 

Price of antimony, a strategic small metal in Europe this week (unit: USD / ton)

 

varieties., July 1, July 8, Up and down

European small metal antimony, 14300.,14100.,- two hundred

This week, the price of antimony, a strategic small metal in Europe, rose to $14100 / ton on July 8. This week, the price decreased slightly by $200 / ton, and the overall market trading improved.

 

Azodicarbonamide (AC foaming Agent)

After the price of antimony ingots rose this week, it temporarily operated stably. After entering June, the price rose for four consecutive weeks. This week’s rise was postponed, the overall market trend was stable, and the downstream sales were OK. Antimony ingots maintained a rigid demand for procurement. At present, antimony ingot manufacturers have a strong attitude of price support. The supply of antimony ingots has been constrained by the tight supply at the mine end, and the supply has been tight, which also boosted the mentality of smelters. At present, antimony ingot enterprises have strong price support psychology, but the downstream purchase is mainly on demand, and the supply-demand game is expected to be mainly stable in the future.

 

Price trend of antimony oxide this week (unit: yuan / ton)

 

varieties., July 1, July 8, Up and down

99.5% antimony trioxide, 71500.,71500., 0

99.8% antimony trioxide, 73500.,73500., 0

This week, the domestic antimony oxide market price continued to pick up. Recently, antimony oxide inventory has declined to a certain extent, with good sales. Enterprises have a certain demand for antimony ingots.

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The increase in supply superimposed on the weakening of agricultural demand, and the price of liquid ammonia fell in June

In June, the price of domestic liquid ammonia fell by 9.74% on the whole. Prices in Shandong, Shanxi, Hebei, Henan and Hubei all fell to varying degrees, with a decline range of more than 500 yuan / ton. The market supply has changed, and the ammonia supply has increased. However, the demand for fertilizer in the downstream is weak, and the resistance to high prices has further suppressed some rigid demand. Lower downstream prices, terminal prices have also declined. According to the monitoring of business agency, as of June 30, the mainstream quotation range of liquid ammonia in Shandong is 4500-4750 yuan / ton.

 

Supply side

 

On the supply side, this month, the overall ammonia release in many places in China generally increased compared with last month, and the overall supply pressure increased. The price of urea retreated, and the manufacturer’s profit was poor, resulting in the reduction of the unit’s conversion to urea. Recently, ammonia is still recovering. Therefore, the overall supply of liquid ammonia surged, and the short-term surge in supply led to some excess.

 

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Cost side

 

The price of the upstream coal market retreated, with a decline of 0.87% this month. The price gradually moved higher and began to squeeze the downstream profits. At the same time, the national regulation of coal prices is still within a reasonable range, and the downstream cost pressure is not large. At present, the profits of downstream methanol and liquid ammonia manufacturers are still within a reasonable range. Natural gas prices also fell this month, easing the cost pressure of gas head enterprises. According to the monitoring of business agency, the increase of liquefied natural gas this month was 11.01%%.

 

Demand side

 

From the terminal point of view, the downstream demand for liquid ammonia is rigid and stable, with no increment. The mainstream market price of urea in China rose first and then fell this month. On the whole, according to the monitoring of business society, the monthly decline of urea was 4.62%. The urea price of rising chemical at the end of the month was 3070 yuan / ton, which was 130 yuan / ton lower than that at the beginning of the month; The urea price of Hualu Hengsheng at the end of the month was 3065 yuan / ton, which was 75 yuan / ton lower than that at the beginning of the month; At the end of the month, the price of urea in Xiangcheng San’an was 3300 yuan / ton, which was temporarily stable compared with the beginning of the month. From the perspective of demand: the agricultural demand is general, and the industrial demand is mainly rigid. The agricultural demand in some areas is supplemented appropriately. The enterprises of compound fertilizer and rubber plate factories started work in general, and just needed to purchase. The price of melamine fell slightly, and their enthusiasm for urea procurement weakened. In terms of supply, some manufacturers plan to overhaul recently, and the daily output of urea has decreased slightly, resulting in a relatively insufficient supply.

 

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. Recently, the price of liquid ammonia has fallen significantly, with a deeper decline than that of urea, and the price difference between the two has widened. But it is still at a reasonable level.

 

Benzalkonium chloride

From the above figure, the profit of liquid ammonia industrial chain is still in a reasonable range. The price of natural gas in the upstream of the gas head has been declining, but the coal price has fallen under control. Affected by policies, the price is still under control, which is conducive to relieving the downstream cost pressure. Due to the weakening of seasonal demand, the middle and lower reaches, such as urea, fell, and the increase of compound fertilizers ammonium chloride and ammonium nitrate was limited, mostly controlled within 5%. In the later stage, the enterprise profits may meet the test, and the profits of liquid ammonia, urea and compound fertilizers may decline compared with the previous stage.

 

Aftermarket forecast

 

Business community believes that at present, the supply and demand environment of the domestic liquid ammonia market remains weak, and the supply pressure is expected to increase in the later stage. The previously overhauled devices may gradually resume operation in the later stage. In addition, the weakening of agricultural demand also brings bad news. Therefore, the price of liquid ammonia is still difficult to improve much in the short term.

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The demand gradually showed weakness, and the ABS market fell after rising in June

Price trend:

 

According to the bulk list data of business society, the domestic ABS market fell after rising in June, and the spot prices of various brands generally fell. As of June 30, the average price of general-purpose ABS mainstream offer was about 13150 yuan / ton, up or down -1.5% compared with the price level at the beginning of the month.

 

Factor analysis:

 

Benzalkonium chloride

Industrial chain: in terms of raw material styrene, the market price of styrene rose first and then fell in June. The international crude oil price callback, styrene port increment is limited, and the overall inventory situation is relatively ideal. At present, the output of domestic styrene plants is at a relatively low level, lower than that of the same period last year. However, in July, some maintenance devices will restart, and the port inventory has been declining. The overall inventory of styrene is relatively ideal, and the price continues to be high.

 

The price of acrylonitrile still fell this month. The overhaul of some enterprises was completed in June, and domestic enterprises started high. The pressure on acrylonitrile supply remained. Demand tends to be lagging and weak, and there is a contradiction between supply and demand in the market. In the second half of the month, there were individual maintenance production lines, and the decline narrowed. However, on the whole, it is difficult to change the contradiction between supply and demand in the short term, and it is expected that the price of acrylonitrile will continue to fluctuate at a low level in the later period.

 

In June, the domestic butadiene market also rose first and then fell. Affected by the downstream profits and poor operation, the demand side of butadiene market is difficult to have a positive boost. At the same time, with the export of some goods from northeast and East China, the market supply increment dragged down the market. Butadiene analysts of business agency predict that the domestic butadiene market may still fall further in the short term.

 

Azodicarbonamide (AC foaming Agent)

In June, the upstream three material trends of ABS cost side were poor. In addition, affected by the Federal Reserve’s interest rate hike, the crude oil price fluctuated, which was bad for the oil and chemical industry chain, and the overall cost support of ABS weakened. In terms of industry load, the operating rate of ABS enterprises has limited changes this month, which is generally at a high level and has limited support for the supply side. At the beginning of the month, the health incident in East China eased, and the industry mentality was strengthened, which stimulated the spot offer to rise. However, in the second half of the month, the off-season market of the industry gradually expanded, and the on-site demand contracted. Merchants give up profits and lower the focus of ABS offer. At present, the main bad news in the market is the contraction of downstream demand in the off-season.

 

Future forecast:

 

Business analysts believe that the ABS spot market fell after rising in June, and the overall trend of the three upstream materials was poor, weakening the cost side support of ABS. Domestic spot supply is abundant, and demand follow-up is poor. It is expected that the ABS spot market may fall in a narrow range in the short term.

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Demand is insufficient, and the price of caprolactam fell in June (6.1-6.30)

1、 Price trend

 

povidone Iodine

According to the bulk list data of business agency, the average market price of domestic caprolactam liquid was 14800 yuan / ton on June 1, and 13800 yuan / ton on June 30. The domestic caprolactam price fell 6.76% this month.

 

2、 Market analysis

 

Domestic caprolactam prices fell this month. In the first half of June, the caprolactam market rose after stable consolidation. The price of raw material pure benzene continues to rise, the cost side of caprolactam is well supported, and the quotation of enterprises is increased. Most manufacturers shut down their units for maintenance, and the supply of caprolactam is reduced. Some enterprises mainly produce and use caprolactam for their own use. In the second half of June, the price of caprolactam fell rapidly. The price of raw material pure benzene continued to decline, and the cost side of caprolactam weakened. Some manufacturers’ devices were shut down for maintenance, and the supply of caprolactam was tight. The downstream PA6 device has reduced the load, the procurement has decreased, and the on-site trading volume is relatively small. As of June 30, the price of Sinopec caprolactam liquid was 15400 yuan / ton. Baling Hengyi caprolactam liquid price is 15400 yuan / ton, 300000 tons / year, the unit is normally started up, and the acceptance is self picked up. The price of Baling Petrochemical caprolactam liquid is 15400 yuan / ton, and 450000 tons / year. The unit is normally started up, and the acceptance is self picked up. Shandong Hualu Hengsheng caprolactam apron price is 14300 yuan / ton, and the manufacturer’s device capacity is 300000 tons / year. It is accepted and sent to East China.

 

Pure benzene, the raw material, rose rapidly this month and fell in shock. Due to the continuous rise of crude oil in the early stage, the price of pure benzene in the outer disk rose, the import of pure benzene decreased, the ports continued to destock, and the minimum inventory in East China ports fell to 48000 tons. The high pressure in the lower reaches, coupled with demand support, stimulated the continuous rise of pure benzene to exceed 10000 yuan. In the later stage, with the decline of crude oil and the external market, the superposition of downstream losses expanded, some units were economically reduced and shut down, the demand fell, and the vibration of pure benzene fell. Sinopec’s pure benzene increased three times in the first ten days of this month, rising to 10000 yuan / ton, and began to decline in the middle and late days, reaching 9600 yuan / ton at the end of the month (Hebei and Shandong to 9250 yuan / ton).

 

Benzalkonium chloride

Downstream PA6 finished in shock in the first and middle of this month, and the decline was concentrated in the second half of this month, but in fact, the domestic market has been weak since the middle of this month. The operating rate of domestic PA6 polymerization plants was generally stable at 70% this month. The supply side of PA6 is relatively abundant, and the profits of production enterprises are under pressure. In terms of news, the tension between Russia and Ukraine remained, and the international crude oil price began to weaken due to the Fed’s interest rate hike, which immediately affected the sharp decline of pure benzene and caprolactam upstream of the industrial chain.

 

3、 Aftermarket forecast

 

Caprolactam analysts of business agency believe that the price of raw material pure benzene continues to fall, and the cost support is weak. The demand of downstream PA6 polymerization enterprises is poor, there are few transactions on the floor, and the spot supply of caprolactam is acceptable. Dominated by negative factors, the caprolactam market is expected to be weak in the short term.

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In June, the cyclohexane market was narrow stronger

According to the data monitored by the business community, as of June 30, the average price of domestic industrial grade premium cyclohexane was 9733.33 yuan / ton. The price rose narrowly in June, up 6.57% compared with the same period last month. The price rose slightly. At present, the quotation range of mainstream manufacturers is 9500-10000 yuan / ton. In the short term, it will maintain a stable medium to upper operation, the focus of negotiation is stable, the supply side is normal, and the downstream procurement atmosphere is general.

 

Azodicarbonamide (AC foaming Agent)

In the first ten days of May, the average price of domestic industrial grade superior cyclohexane was 9133.33 yuan / ton from June 4 to June 10, and the quotation range of mainstream manufacturers remained about 9200 yuan / ton. The overall market supply and demand of cyclohexane was balanced, and the downstream just needed to purchase. The focus of negotiation was stable, and the supply side was normal. The latest price of the enterprise: 9500 yuan / ton for Shanghai Likai Chemical Technology Co., Ltd., 9200 yuan / ton for Shandong Zhiying new materials Co., Ltd, Pande (Shanghai) International Trade Co., Ltd. 9200 yuan / ton, Jiangsu Leien Environmental Protection Technology Co., Ltd. 9200 yuan / ton, Wuhan Jixin Yibang Biotechnology Co., Ltd. 9200 yuan / ton, upstream pure benzene: as of June 6, East China: Yangzi Petrochemical quoted 9500 yuan / ton; South China: the quotation of Hainan refining and chemical industry is 9500 yuan / ton; Central China: the quotation of Wuhan ethylene is 9500 yuan / ton, and that of Changling Refining and chemical is 9500 yuan / ton. The pure benzene market is mainly stable.

 

In mid May, the average price of domestic industrial grade superior cyclohexane was 9133.33 yuan / ton from June 13 to June 17, and the quotation range of mainstream manufacturers remained about 9200 yuan / ton. The overall market supply and demand of cyclohexane was balanced, and the downstream just needed procurement was the main. The focus of negotiation was stable, and the supply side was normal. The latest prices of enterprises: 9500 yuan / ton for Shanghai Likai Chemical Technology Co., Ltd., 9200 yuan / ton for Shandong Zhiying new materials Co., Ltd, Pande (Shanghai) International Trade Co., Ltd. 9200 yuan / ton, Jiangsu Leien Environmental Protection Technology Co., Ltd. 9200 yuan / ton, Wuhan Jixin Yibang Biotechnology Co., Ltd. 9200 yuan / ton, upstream pure benzene: East China: Yangzi Petrochemical quotation 10000 yuan / ton; South China: Hainan refining and Chemical Co., Ltd. offers 10000 yuan / ton; Central China: Wuhan ethylene offers 10000 yuan / ton.

 

povidone Iodine

In late May, the average price of domestic industrial grade superior cyclohexane was 9733.33 yuan / ton from June 20 to June 27, and the quotation range of mainstream manufacturers remained about 9200 yuan / ton. The overall market supply and demand of cyclohexane was balanced, and the downstream just needed procurement was the main. The focus of negotiation was stable, and the supply side was normal. The latest price of the enterprise: Jinan Mingyu Chemical Co., Ltd. 8400 yuan / ton, Liaocheng yuanze chemical products Co., Ltd. 9800 yuan / ton, Zhejiang jinmaotong Supply Chain Management Co., Ltd. is 9800 yuan / ton, Jinan Qichen Chemical Co., Ltd. is 9800 yuan / ton, and Zhejiang jinmaotong Supply Chain Management Co., Ltd. is 9800 yuan / ton. Upstream pure benzene: as of June 24, pure benzene continued its decline and continued to decline. On June 17, the price of pure benzene was 9400-10000 yuan / ton (the average price was 9884 yuan / ton), and on Friday (June 24), the price of pure benzene was 9200-9800 yuan / ton (the average price was 9559 yuan / ton). The average price was 3.29% lower than last week and 20.84% higher than the same period last year.

 

Chemical industry index: on June 30, the chemical industry index was 1161 points, down 3 points from yesterday, down 17.07% from the highest point of 1400 points in the cycle (2021-10-23), and up 94.15% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to 2011-12-01 to now).

 

According to the cyclohexane analyst of business agency, the cyclohexane market is expected to operate stably in July, with little price fluctuation. (if you want to get more commodity information and master commodity prices, you are welcome to subscribe to the commodities of the business club through the official account of the business club. The market is an opportunity).

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Domestic dimethyl carbonate rose steadily this week (6.27-7.1)

According to the monitoring data of business agency, as of July 1, the average ex factory price of domestic industrial dimethyl carbonate was 5900 yuan / ton, which was 167 yuan / ton higher than the price on June 26, 2021 (the reference price was 5733 yuan / ton), or 2.91%.

 

Azodicarbonamide (AC foaming Agent)

It can be seen from the data monitoring chart of the business agency that this week (6.27-7.1), the domestic dimethyl carbonate market as a whole is running steadily upward. In this week, the domestic downstream demand for dimethyl carbonate has performed well, the purchasing enthusiasm of downstream factories has increased, and the demand side support has strengthened. Since the beginning of the week (June 27), the quoted price of dimethyl carbonate factories has been rising, with a single day increase of around 100 yuan / ton, and the center of gravity of dimethyl carbonate has moved steadily upward. As of the end of this week (July 1), the domestic ex factory price of dimethyl carbonate has been referred to around 5700-6200 yuan / ton, During the week, the cumulative increase was around 100-300 yuan / ton, and the weekly increase was 2.91%. At present, the trading atmosphere of dimethyl carbonate is acceptable, and the overall market is stable, medium and strong.

 

povidone Iodine

In terms of upstream propylene oxide, the propylene oxide market fell in June. In the first half of the month, the raw material propylene fell, the cost support was insufficient, the supply side was stable, the factory inventory was controllable, and the downstream reduction was followed up. The market was gradually under pressure, and the price stalemate of propylene oxide weakened. In the second half of the month, the price of raw propylene fell, factory shipments were flat, and some devices fluctuated, but the supply side was abundant, downstream demand was light, the reduction and price reduction followed up, and the purchase mentality was cautious, and the price of propylene oxide continued to decline.

 

Future trend analysis

 

At present, the trading atmosphere of dimethyl carbonate on the floor is good, and the inquiry atmosphere has been boosted compared with that in the early stage. The dimethyl carbonate analysts of business society believe that in the short term, the domestic dimethyl carbonate market is relatively strong, and consolidation is the main operation.

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