Monthly Archives: August 2022

In August 2022, the fundamentals weakened and the crude benzene price declined

On August 29, the crude benzene commodity index was 104.40, which was the same as yesterday, down 20.81% from the highest point 131.84 in the cycle (January 28, 2013), and up 241.85% from the lowest point 30.54 on April 8, 2020. (Note: the period refers to September 1, 2011 to now).

 

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In August 2022, the crude benzene market fluctuated downward. The domestic ex factory price of crude benzene was 7487 yuan / ton at the beginning of the month and 6643 yuan / ton at the end of the month, with a monthly drop of 11.27%.

 

In terms of crude oil, the international crude oil price in August declined by 5.64%. As of the end of the month, the settlement price of the main contract of WTI crude oil futures in the United States was US $93.06/barrel, and the settlement price of the main contract of Brent crude oil futures was US $99.01/barrel. The decline of crude oil price is mainly due to the large decline in the middle and early August. On the one hand, the pessimistic view of the recent economic recession dominates the market, and the economic data is generally weak, which once again causes the market to worry about the global economic recession. In addition, the market is waiting for the negotiation results of the resumption of the Iran nuclear agreement, and the supply tension is expected to ease, which puts pressure on the international oil price. Previously, the market focus was mainly on the results of the OPEC + ministerial meeting. Finally, the Joint Ministerial Supervision Committee (jmmc) decided to increase production by 100000 barrels / day in September. This increase in production is significantly smaller than the previous 648000 barrels, which is the smallest increase in the history of the institution. Although the increase in production this time is small, equivalent to about 0.1% of the global oil demand, OPEC + actually reserves more room for increase in production. Finally, according to the estimation of the International Energy Agency (IEA), within six months after the resumption of the Iran nuclear agreement, Iran is expected to increase the additional capacity of about 1.3 million barrels / day. This is also a reversal of the market’s view on supply tightening, and the trend of international oil prices has declined. The international oil price rebounded in late August. On the one hand, the US inventory data supported it. In addition, on Thursday, the economic data released by the U.S. Department of labor showed strong performance, and the demand for refined oil was still strong, diluting the worries about the slowdown of fuel demand caused by the risk of economic recession. In a comprehensive view, the crude oil price trend declined in August.

 

On August 29, international crude oil futures rose sharply. The settlement price of the main contract of WTI crude oil futures in the United States was US $97.01/barrel, up US $3.95 or 4.24%; The settlement price of the main contract of Brent crude oil futures was US $102.93/barrel, up US $3.92 or 3.96%. Benefited from the expectation that the organization of Petroleum Exporting Countries and its allies (OPEC +) may reduce production, and superimposed the armed conflict in Libya; The positive effect of supply tightening has played down the negative impact of the global economic recession.

 

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

 

Date, adjusted price, adjusted amount

August 2, 8650, – 200

August 4, 8450, – 200

August 5, 8150, – 300

August 11, 7950, – 200

August 16, 7750, – 200

August 18, 7500, – 250

August 30, 7600., + 100

In August 2022, the ex factory price of Sinopec’s pure benzene was reduced for six consecutive times, with only one increase at the end of the month, from 8650 yuan / ton at the beginning of August to 7600 yuan / ton at the end of the month, with a cumulative decrease of 1050 yuan / ton. As of 30th, the ex factory price of Sinopec pure benzene was 7600 yuan / ton.

 

Quotations of other enterprises: the quotation of Jingbo Petrochemical is 7650 yuan / ton, the quotation of Weilian chemical is 7503 yuan / ton, the quotation of Xinhai Petrochemical is 7550 yuan / ton, and the quotation of Hongrun Petrochemical is 7750 yuan / ton.

 

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Looking at the trend in August, it can be seen that the two rounds of concentrated decline of hydrogenated benzene in this month are concentrated in the beginning of the month and the middle of August. At the beginning of this month, international crude oil futures fell continuously on August 4, falling to the lowest point since February. The bad news on the market demand side played a major role. At the beginning of this month, the economic data of many countries showed that the PMI data of major economies in the world in July was weak, which intensified the market’s concern about economic recession. On August 1, WTI fell by more than 4%. Although the overall supply of pure benzene in the same period was in a tight environment, due to the continuous wide drop of crude oil and the significant drop of pure benzene in the outer disk, the support for pure benzene from the external news was weak, and the demand for pure benzene in the downstream during the same period was increased. The demand for pure benzene slowed down, and the downstream demand was not well followed up. The pure benzene market was under pressure at the beginning of the month. Sinopec lowered the ex factory price for three consecutive times, with a total reduction of 700 yuan / ton, which once again affected the market mentality, The price of hydrogenated benzene dropped significantly in the same period. Another round of decline was concentrated in the middle of August. The oil price fell for three consecutive days due to the market’s concern about the global economic outlook. In the case of pure benzene, some of the previous shutdown and maintenance devices were restarted in the middle of August, resulting in an increase in domestic pure benzene supply. In terms of port cargo source, the imported cargo in the same period was concentrated in the port. The inventory of East China port increased by 6700 tons to 37700 tons in one week. The accumulated inventory of the port was obvious, and the overall supply side was mainly negative. In terms of demand, most downstream products suffered losses in the same period, and there were many shutdown and load reduction devices, so the demand for pure benzene was insufficient. During the same period, Sinopec has reduced the ex factory price of pure benzene for two consecutive times, with a cumulative decrease of 450 yuan / ton. The market negative factors are concentrated, and the price of pure benzene has been reduced intensively. In the same period, the market price of hydrogenated benzene is greatly affected by the industrial chain, and the decline is obvious.

 

In terms of supply: after the two rounds of increase and landing of coke price, the profit of coking enterprises recovered, and the start-up gradually increased. As of the 30th day, the conventional production limit was maintained at about 20%, and the output of related by-products increased to a certain extent compared with the previous period. At present, the supply of crude benzene is relatively stable.

 

In August, the trend of crude benzene declined significantly in the first half of the month, mainly due to the drag of the industrial chain. In the second half of the month, the bidding price stopped falling and rose. As of August 26, the last bidding in the month, the mainstream bidding price in Shandong was 6700-6705 yuan / ton, an increase of 180 yuan / ton over last week’s bidding price. In the future, the Business Association believes that the market expects the operating rate of hydrogenated benzene enterprises to rise. Recently, the crude oil price fluctuated upward and the basic support was strong. However, the overall inventory in East China is still high. The delivery of pure benzene at the end of the month was basically completed, and the downstream demand was not improved. The rise of styrene price on the 30th boosted the mentality of pure benzene. Sinopec raised the price of pure benzene, and the local refining price also increased. The industrial chain is still good. In general, the crude benzene market is both good and bad, and is obviously affected by the industrial chain. In the future, we will focus on the trend of crude oil and the impact of downstream demand on the crude benzene price.

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In August, Shanxi potassium carbonate market continued to decline

According to the data monitored by the business agency, at the beginning of the month, the average ex factory price including tax of Shanxi light potassium carbonate was 9825.00 yuan / ton, and at the end of the month, the average ex factory price including tax of Shanxi light potassium carbonate was 9525.00 yuan / ton, down 3.05%, and the current price increased by 15.63% over the previous year.

 

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Potassium carbonate

 

The price of potassium carbonate dropped slightly in August. It can be seen from the above figure that the recent potassium carbonate market has fallen for two consecutive months. This is mainly because the supply of domestic potassium manufacturers is normal, and the price has continued to decline. The port inventory is accumulated and the delivery speed is slow. The downstream maintains the just needed purchase, the market transaction is relatively cold, and the potassium carbonate market fluctuates and falls. According to the statistics of the business agency, the recent mainstream factory quotation range of industrial grade potassium carbonate is about 9400-9700 yuan / ton (the quotation is for reference only), and the quotation is different according to the purchase situation.

 

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In August, the domestic market of imported potassium chloride fell. The price of potassium chloride in Salt Lake and zangge was adjusted at a high level. The downstream market of potassium chloride declined slightly, and the downstream demand was weakened. It was mainly based on purchasing. The port cargo source is impacted by the China Europe railway, and the price keeps falling. The potassium chloride analysts of business club believe that the import price of domestic potassium chloride may drop slightly in the short term.

 

The domestic supply of potassium chloride is sufficient, the price continues to fall, and the cost support is general. It is expected that the price of potassium carbonate will fall 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 throughout the country and sorted and analyzed by the potassium carbonate analysts of the business society. They are for reference only. Please contact the relevant manufacturers for more price details.).

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The ammonium phosphate market continued to decline (8.22-8.26)

1、 Price trend

 

Benzalkonium chloride

According to the data of the bulk list of business society, the average market price of 55% powdered monoammonium phosphate was 3466 yuan / ton on August 22, and the average market price of 55% powdered monoammonium phosphate was 3433 yuan / ton on August 26. This week, the price of monoammonium phosphate fell by 0.96%.

 

According to the data of the trade agency’s bulk list, on August 22, the average market price of 64% diammonium phosphate was 4425 yuan / ton, and on August 26, the average market price of 64% diammonium phosphate was 4350 yuan / ton. This week, the price of diammonium phosphate fell by 1.69%.

 

2、 Market analysis

 

This week, the market price of ammonium phosphate continued to fall, and the trend continued to be weak. Although the price of raw sulfur increased slightly, the transaction of ammonium phosphate market was cold. The high level of raw phosphate rock is stable, and the cost support is acceptable. The operating rate of the downstream compound fertilizer enterprises rebounded, and the raw material monoammonium was still mainly purchased on demand. The domestic demand for diammonium is weak, the market performance is weak, and a small amount of downstream purchases are made. At present, most of the manufacturers of ammonium phosphate still suspend their quotations, and the dealers’ quotations are chaotic, and most of them are sold at reduced prices. This week, the factory price of 55% powdered monoammonium in Hubei is 2850-3000 yuan / ton, the market price of 55% powdered monoammonium in Sichuan is 3000-3650 yuan / ton, and the market price of 73% powdered monoammonium in Sichuan is about 6300 yuan / ton. The actual transaction is negotiated. This week, the factory price of 64% diammonium in Hubei is about 4050 yuan / ton, the market price of 64% diammonium in Yunnan is 4200-4600 yuan / ton, and the market price of 64% diammonium in Guizhou is 4150-4300 yuan / ton. The actual transaction is negotiated.

 

In terms of raw sulfur, the price of sulfur increased slightly this week. On August 26, the reference price of sulfur in East China was 1170 yuan / ton. The mainstream price of solid sulfur in Shandong is about 1170-1290 yuan / ton, and the mainstream price of liquid sulfur is 1020-1150 yuan / ton. The quotation is for reference only, and the actual transaction price shall prevail. The downstream support for sulfur is insufficient, the local refinery’s shipment is acceptable, the inventory is rational, the operators’ mentality is mainly wait-and-see, and the short-term sulfur market is temporarily stable.

 

Sodium Molybdate

In terms of raw phosphorous ore, the domestic phosphorous ore market has been consolidated at a high level this week. As of August 26, the market price of 30% grade phosphorus ore in China is around 1050-1100 yuan / ton, and the specific price is also related to factors such as the ratio of powder to block. The specific price is a single negotiation. The market price of 28% grade phosphorus ore is around 850-980 yuan / ton, and the specific price is a single negotiation. At present, the market of phosphate rock quarry is light, and the downstream purchase is moderate, and the transaction is generally general.

 

3、 Future forecast

 

The phosphate ammonium analyst of the business community believes that the recent raw material market has been adjusted slightly, and the cost support is acceptable. However, the terminal demand is weak, the market atmosphere is cold, and the on-site trading volume is not good. It is expected that the price of ammonium phosphate will continue to be weak in the short term.

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Finishing operation after the recent rise of butanone market (8.15-8.21)

According to the data monitoring of the business agency, as of August 21, 2022, the average ex factory price of domestic butanone market was referenced at 8150 yuan / ton. Compared with the price on August 14 (the reference price of butanone was 7800 yuan / ton), the average price increased by 350 yuan / ton, or 4.49%.

 

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It can be seen from the data monitoring chart of the business agency that in the recent period (August 15-august 21), the domestic butanone market generally showed a trend of rising first and then stable operation. Supported by the cost side, the market price of butanone has stopped falling and rebounded. On the 15th and 16th, the market price of butanone has been steadily rising, with a cumulative increase of 200-300 yuan / ton in the two days. However, the downstream demand side has followed up slowly, and the market of butanone has continued to rise weakly under the situation of insufficient demand. Since the 17th, the market of butanone was mainly consolidated and operated, and the supply and demand transmission showed a stalemate. The quotations of the operators were mostly stable. On the 19th of the week, Some butanone suppliers have slightly increased the price of butanone by around 100 yuan / ton. As of August 21, the domestic market price of butanone is around 8000-8500 yuan / ton. At present, the operating rate of the supply side is generally low, but the overall atmosphere of the butanone market is still cold under the weak support from the demand side.

 

On the upstream side, since August (8.1-8.19), the domestic liquefied gas market has risen slightly in the overall shock. According to the data monitoring of business agency, on August 18, the reference price of liquefied gas was 5690 yuan / ton, an increase of 1.14% compared with that on August 1 (5626 yuan / ton).

 

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Post market analysis of butanone

 

At present, the support from the demand side of butanone is still quite general, and the overall pace of goods taking in the downstream is relatively slow. The butanone data analyst of the business society believes that in the short term, the domestic butanone market will mainly be sorted out and operated in multiple intervals, and more attention needs to be paid to the changes in the supply and demand side.

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The fundamentals are weak, and the price of hydrogenated benzene continues to decline (August 12 to August 19)

From August 12 to August 19, 2022, the ex factory price of hydrogenated benzene in North China declined as a whole, from 8150 yuan / ton at the end of last week to 7700 yuan / ton at the end of this week, with a weekly drop of 5.52%.

 

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

 

The market, the price on August 12, the price on August 19, rose and fell,

East China, 8100-8200, 7600-7700, – 500

Shandong Province, 7900 ~ 8000, 7450 ~ 7550, – 450

 

In terms of crude oil, at the beginning of this week, the oil price fell for three consecutive days due to the increasing concern of the market about the global economic outlook. However, the data released by the EIA on Wednesday showed that the total inventory of crude oil and gasoline in the United States fell more than expected, the fear of slowing demand eased, and the oil price rebounded. As of August 19, Brent’s price in this week fell by $1.43/barrel or 1.46% compared with last week; WTI fell by US $1.32/barrel, or 1.43%.

 

According to the crude oil analysts of business news, in the short term, the oil price may also be disturbed by unexpected factors in addition to being affected by the fundamentals. The hurricane climate in North America is approaching. According to the judgment of previous years, it may damage the refinery facilities along the Gulf of Mexico, which may help the oil price rebound. In addition, in the medium term, it may be affected by the soaring natural gas price in Europe, which will drive the oil price higher. In the long run, the risk of economic recession and epidemic situation are still the biggest constraints on oil prices, and the risk of far-end oil prices is high.

 

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

 

Date, adjusted price, adjusted amount

August 4, 8450, – 200

August 5, 8150, – 300

August 11, 7950, – 200

August 16, 7750, – 200

August 18, 7500, – 250

As for the ex factory price of Sinopec pure benzene, on August 18, 2022, the listed price of Sinopec pure benzene was reduced by 250 yuan / ton and 7500 yuan / ton.

 

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Other enterprises: Jingbo Petrochemical quoted 7650 yuan / ton, Weilian chemical quoted 7503 yuan / ton, and Xinhai Petrochemical quoted 7600 yuan / ton.

 

The K-bar chart of commodity price reflects the weekly or monthly price changes in the form of a bar chart by using the idea of the K-line of price trend. Investors can buy and sell according to the changes of the K-bar chart. Red indicates rising; Green means: falling; The height of K column indicates the range of rise and fall. The weekly K-bar chart of pure benzene shows that the price of pure benzene has dropped continuously since July.

 

This week, the crude oil trend is unstable, the cost support is weak, and the guidance to the industrial chain is not obvious. In terms of supply, the shutdown and maintenance devices in the early stage were restarted in succession, resulting in an increase in domestic pure benzene supply. In terms of port cargo sources, recently imported ships have been concentrated in the port. The inventory of East China port has increased by 6700 tons to 37700 tons compared with last week. The accumulated inventory of the port is obvious, and the overall supply side is mainly negative. Demand: most of the downstream products suffered losses this week. There are many shutdown and load reduction devices, and the demand for pure benzene is insufficient. In terms of cost, the bidding price of crude benzene dropped significantly this week, and with the recent increase in the operating rate of coking enterprises, the supply of crude benzene increased compared with the previous period. Generally speaking, in the future market, the business community believes that although pure benzene has been falling continuously and the purchasing sentiment in the downstream has improved, most products are still at a loss, and it is difficult to greatly increase the demand for pure benzene in the short term. The market is waiting for the downstream to make up for the bargain. In terms of devices, the 140000 T / a pure benzene capacity of Zhejiang Petrochemical phase II and the 1.27 million T / a pure benzene capacity of Shenghong refining and Chemical Co., Ltd. will be put into production. In the later stage, there are still 330000 T / a capacity of Hainan refining and Chemical Co., Ltd., 300000 t / a capacity of Shandong Fuhai Hualian phase II and 800000 T / a capacity of Guangdong Petrochemical Co., Ltd. planned to be put into production. The pressure of supply and demand is prominent, the market of pure benzene is very bad, and the short-term price is easy to fall but difficult to rise. We will continue to pay attention to the impact of crude oil and external price trends, pure benzene port inventory, pure benzene and downstream device dynamics on prices.

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Downstream centralized procurement supported the rapid rise of magnesium price (8.12-8.19)

Price trend of magnesium metal

 

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Market analysis this week

 

According to the data monitoring of business agency, as of the 19th, the average price in the domestic market was 24333.33 yuan / ton, and the mainstream price was about 24000-25000 yuan / ton. The overall price of magnesium ingots rose this week. In the first half of the week, under the condition of continuous follow-up of demand, the price of magnesium plants was significantly increased; At the end of the week, the rising trend slowed down and there was a slight sign of correction. The downstream users did not accept the fast rising price.

 

Supply and demand

At the end of last week, overseas export orders were purchased in a centralized manner, and the domestic replenishment demand was followed up. The factory inventory was effectively relieved. The overall inventory pressure of the magnesium plant was not large, and the quotation was mostly firm.

 

Upstream and downstream

 

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As for the coke market, the second round of price increase this week landed. The current round of price increase was 200-240 yuan / ton, and the cumulative increase was 400-480 yuan / ton. The price of coal increased, and the price of magnesium ingot was pulled up.

 

The downstream magnesium powder and magnesium alloy follow the rise of magnesium ingot. Under the guidance of buying up rather than buying down, the demand for replenishment of magnesium powder and magnesium alloy enterprises has increased. However, due to the rapid price rise, the downstream procurement began to operate cautiously and began to maintain a wait-and-see attitude.

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This week, the domestic sulfuric acid price fell by 13.60% (8.13-8.19)

Recent price trend of sulfuric acid

 

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It can be seen from the above figure that the domestic sulfuric acid market price dropped sharply this week. The sulfuric acid price dropped from 456.00 yuan / ton at the end of last week to 394.00 yuan / ton at the end of this week, a decrease of 13.60%, a year-on-year decrease of 49.16% compared with the same period of last year. On August 21, the sulfuric acid commodity index was 61.32, which was the same as yesterday, down 67.40% from the highest point 188.07 in the cycle (2022-04-13), and up 94.54% from the lowest point 31.52 on June 6, 2019. (Note: the period refers to September 1, 2011 to now)

 

The upstream market rose slightly, and the downstream purchasing enthusiasm weakened

 

From the quotation of the manufacturer, the price of the mainstream domestic sulfuric acid manufacturers fell sharply this week, the inventory of the manufacturers was general, and the downstream demand was weakened. Heze Jiangyuan sulfuric acid quoted 460 yuan / ton this weekend, which was temporarily stable compared with last weekend; Zouping Tianlu sulfuric acid quoted 360 yuan / ton this weekend, which decreased by 60 yuan / ton compared with last weekend; Changzhou Qinghong sulfuric acid quoted 250 yuan / ton at the end of this week, down 150 yuan / ton compared with last weekend; Changzhou Changjiang sulfuric acid quoted 300 yuan / ton this weekend, which decreased by 100 yuan / ton compared with last weekend; Xiangcheng San’an sulfuric acid quoted 600 yuan / ton this weekend, which was temporarily stable compared with last weekend.

Azodicarbonamide (AC foaming Agent)

 

From the perspective of the upstream and downstream industrial chain, the upstream sulfur market rose slightly. The sulfur price rose from 1130.00 yuan / ton at the end of last week to 1153.33 yuan / ton at the end of this week, an increase of 2.06%, a year-on-year decrease of 34.35% compared with the same period of last year. The upstream market rose slightly, and the cost support improved. The downstream hydrofluoric acid market was adjusted at a low level, and the market price was 10770.00 yuan / ton, up 6.63% year-on-year compared with the same period last year. The downstream titanium dioxide market fell slightly. The market price fell from 18066.67 yuan / ton at the end of last week to 17816.67 yuan / ton at the end of this week, a decrease of 1.38%, a year-on-year decrease of 15.43% compared with the same period of last year. The downstream market fell slightly, and the downstream purchasing enthusiasm weakened.

 

In the future, the market fluctuated slightly and fell

 

In late August, the domestic sulfuric acid market may have a slight fluctuation and decline. The upstream sulfur market has recently bottomed out and rebounded, with good cost support. However, the market prices of hydrofluoric acid, titanium dioxide and ammonium sulfate in the downstream declined slightly, the enthusiasm of downstream customers for purchasing sulfuric acid weakened, and the product trend declined under the contradiction between supply and demand. The sulfuric acid analysts of business association believe that the short-term domestic sulfuric acid market is mainly affected by supply and demand and raw materials, and the sulfuric acid market price may fluctuate slightly.

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The market price of cyclohexanone is low

According to the monitoring data of business agency, from August 12 to August 19, the average price of cyclohexanone in the domestic market fell from 9920 yuan / ton to 9840 yuan / ton, with a decrease of 0.81% in the week. The price fell by 6.95% month on month and 4.09% year-on-year.

 

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This week, the domestic cyclohexanone market continued to consolidate at a low level, and the raw material pure benzene was listed for two times, with a total of 450 yuan / ton, falling to 7500 yuan / ton, lacking support in cost. At the same time, the downstream caprolactam supply is abundant and loss, and it needs to be followed up.

 

Summary of domestic cyclohexanone market as of August 19:

 

Region, price

In East China, 9900-10000 yuan / ton will be delivered in cash

In South China, 10150-10250 yuan / T cash will be delivered

Shandong Province, 9600-9700 yuan / ton cash delivery

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Raw material pure benzene: the price of domestic pure benzene has dropped. The price of pure benzene of Sinopec East China sales company has been reduced by 450 yuan / ton to 7500 yuan / ton.

 

Downstream caprolactam: the spot market of caprolactam fell first and then rose. However, at present, the caprolactam industry is in a loss, and the demand of enterprises for overseas purchase is limited.

 

The cost and demand of cyclohexanone are weak. The cyclohexanone analysts of business society predict that the short-term cyclohexanone market will still be weak and downward.

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This week’s soda ash price was adjusted and operated as a whole (8.8-8.12)

1、 Price trend

 

Azodicarbonamide (AC foaming Agent)

According to the monitoring data of the business agency, the soda price has been adjusted and operated as a whole this week. The average market price of light soda ash at the beginning of the week was 2700 yuan / ton, and the average market price at the weekend was 2690 yuan / ton, with a decrease of 0.37% and an increase of 24.39% over the same period last year. On August 11, the light soda ash commodity index was 137.95, which was the same as yesterday, down 27.05% from 189.10 points (2021-11-07), the highest point in the cycle, and up 118.45% from 63.15 points on November 18, 2015. (Note: the period refers to September 1, 2011 to now)

 

2、 Market analysis

 

According to the monitoring data of the business agency, the soda price of this week has been adjusted and operated as a whole. The current mainstream market price of light soda ash in East China is about 2600-2700 yuan / ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2700-2800 yuan / ton.

 

Demand: according to the monitoring of the business agency, the glass price rose slightly this week. The average price of glass on Monday was 19.59 yuan / square meter, and the average price on the weekend was 20.04 yuan / square meter. The price rose slightly during the week, with a range of 2.3%. The overall trading of the glass spot market improved. The increase in glass prices in some regions has driven the enthusiasm of traders and downstream processing enterprises to replenish goods and boosted market confidence.

 

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According to the price monitoring of the business association, in the 31st week of 2022 (8.1-8.5), there were 1 rising commodity, 4 falling commodities and 0 rising and falling commodities in the price rise and fall list of chlor alkali industry. The main commodities rising were: calcium carbide (0.85%); The main commodities falling were hydrochloric acid (- 15.25%), light soda ash (- 2.87%) and PVC (- 1.58%). The average rise and fall of this week was – 3.95%.

 

According to the survey data of the business agency, the domestic soda price consolidation operation shows that the overall trading atmosphere is relatively weak. Although the downstream price of soda has increased, the boosting force is limited, and the purchase of soda is still based on demand. It is comprehensively predicted that the later period of soda price consolidation operation will be based on the downstream market demand.

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This week, the price of calcium carbide in Northwest China increased by 2.97% (8.6-8.12)

Recent price trend of calcium carbide

 

povidone Iodine

As can be seen from the above figure, the ex factory price of calcium carbide in Northwest China increased slightly this week. This week, the average ex factory price of mainstream calcium carbide manufacturers in Northwest China increased from 3933.33 yuan / ton at the end of last week to 4050.00 yuan / ton at the end of this week, an increase of 2.97%, a year-on-year decrease of 21.10%. On August 14, the carbide commodity index was 106.11, which was the same as yesterday, down 50.00% from the highest point 212.23 (October 26, 2021) in the cycle, and up 91.22% from the lowest point 55.49 on March 14, 2016. (Note: the period refers to September 1, 2011 to now)

 

The upstream cost support is weakened, and the demand of downstream manufacturers is general

 

From the manufacturer’s quotation, the factory price of calcium carbide in Northwest China increased slightly this week.

 

The market price of the upstream orchid charcoal is temporarily stable. The downstream PVC market price fell slightly. This week, the PVC market price dropped from 6668.57 yuan / ton at the end of last week to 6570.00 yuan / ton at the end of this week, a decrease of 1.48%, a year-on-year decrease of 28.78%. The PVC market price dropped slightly, the enthusiasm of downstream customers for calcium carbide procurement weakened, and the downstream PVC market had a negative impact on the price of calcium carbide.

Azodicarbonamide (AC foaming Agent)

 

The downstream market fell slightly, and the calcium carbide market may fall in a narrow range

 

In the middle and late August, the market of calcium carbide may fall in a narrow range. The price of raw material blue carbon is weak, the cost support of calcium carbide is weakened, the downstream PVC market is slightly decreased, the downstream demand is weakened, and the power of calcium carbide is insufficient. In the middle and late August, the price of calcium carbide in Northwest China may fall in a narrow range.

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