According to the Commodity Market Analysis System of the Business Society, the prices of cryolite in Henan region have been running smoothly this week. On September 22, the average market price in Henan region was 7850 yuan/ton, which is the same as the average price of 7850 yuan/ton at the beginning of the week, with a year-on-year increase of 1.62%.

The cryolite market remains stable, with manufacturers mainly maintaining stable prices. The upstream price of cryolite is high, and the production cost of cryolite is favorable. Manufacturers mainly support the price, but there is resistance towards high priced cryolite in the downstream. The enthusiasm for purchasing in the market is average, and the market trading atmosphere is weak, which suppresses the rise of cryolite prices. cryolite manufacturers have a cautious attitude, and cryolite prices remain high under cost support. As of September 22nd, the factory quotation for cryolite in Shandong region is 7000-8600 yuan/ton; The factory quotation for cryolite in Henan region is between 7200-8900 yuan/ton.

The upstream fluorite market has slightly increased, with an average market price of 3375 yuan/ton on September 22, an increase of 0.75% compared to the price of 3350 yuan/ton on September 18. Upstream mining is tight, and companies are facing increasingly strict safety and environmental requirements, making it difficult for fluorite flotation companies to start operations. The spot fluorite is very tight, and the refrigerant market is also rising. Demand is driving up the fluorite market price.

Future Market Forecast: Currently, there is no inventory pressure on cryolite enterprises, and manufacturers are actively shipping. Downstream demand support is insufficient, market trading is limited, and raw material prices are rising. The support for cryolite is not as strong as downstream resistance to high priced cryolite. Manufacturers are cautious, and cryolite prices remain high and firm. Considering cost impact, it is expected that the cryolite market will narrow in the future. Specific attention will be paid to changes in manufacturers’ inventory and downstream acceptance level.

According to the Commodity Market Analysis System of the Business Society, starting from September 11th, the demand for terminal rigidity increased, and the hydrogen peroxide market surged, with an increase of over 20%. On September 11th, the average market price of hydrogen peroxide was 1810 yuan/ton. On September 21st, the average market price of hydrogen peroxide was 2200 yuan/ton, with a price increase of 21.55%.

Since September 11th, some hydrogen peroxide manufacturers have not yet started up, and supply is still tight. The market in the terminal paper and printing industry has rebounded, rigid demand has increased, and the market for caprolactam has risen. The order volume for purchasing hydrogen peroxide has increased, and the hydrogen peroxide market has skyrocketed. The mainstream quotation has risen to around 2200 yuan, an increase of nearly 400 yuan/ton, setting a new historical high.

Analysts from the Business Society Chemical Industry believe that the market for hydrogen peroxide remains high due to the strong support from the market and the continued demand for terminal rigidity.

The price of plasticizer DOP fluctuated and fell this week

According to the Commodity Market Analysis System of the Business Society, as of September 20, the price of DOP was 11350 yuan/ton, a decrease of 2.02% compared to the price of 11584.17 yuan/ton on September 13. The prices of raw materials have decreased, the cost of plasticizers has decreased, and the stock preparation before the Double Festival has basically ended. The demand for plasticizers is weak, and the price of plasticizer DOP has fluctuated and decreased this week.

The price of isooctanol fluctuated and fell this week

According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on September 20th was 11860 yuan/ton, a decrease of 3.89% compared to the price of 12340 yuan/ton on September 13th. The construction of domestic isooctanol units has resumed, with sufficient supply of isooctanol and the basic end of dual saving stocking. Downstream procurement enthusiasm is average, and inventory of isooctanol has accumulated, causing prices of isooctanol to fluctuate and fall.

The market of raw material phthalic anhydride fluctuates and rises

According to the market analysis system for phthalic anhydride products of the Business Society, as of September 20th, the quotation for neighboring phthalic anhydride was 8850 yuan/ton, an increase of 2.02% compared to the price of 8675 yuan/ton on September 13th. Crude oil prices have fluctuated significantly, neighboring benzene prices have risen, raw material prices have increased, and the willingness to sell phthalic anhydride has increased. The price of phthalic anhydride has also increased, while downstream procurement enthusiasm is poor, and there is a significant resistance to high priced phthalic anhydride. In the future, the price of phthalic anhydride will remain stable.

Future expectations

Analysts from Business Society’s plasticizer product data believe that in terms of raw materials, the prices of isooctanol have fluctuated and fallen, while the prices of phthalic anhydride have risen weakly, resulting in a decrease in the DOP cost of plasticizer products; PVC prices have fluctuated and fallen, with poor purchasing enthusiasm for downstream PVC and weak demand for plasticizers. In the future, against the backdrop of weak supply and demand for plasticizers, there is insufficient demand support for cost reduction, and it is expected that the price of plasticizer DOP will fluctuate and fall.

Product name: PVC

Latest price: 6248 yuan/ton

Key points of analysis: On September 19th, the PVC spot market remained stable with minor fluctuations, and the trading atmosphere on the market was relatively light. Therefore, it is advisable to be cautious and wait and see. In terms of raw materials, upstream calcium carbide factory prices have continued to decline. In terms of futures, the futures market closed higher today. Overall, the trading sentiment in the PVC spot market is still poor, with some manufacturers stabilizing prices and watching. Downstream procurement enthusiasm is low, and the overall transaction situation is weak.

Prediction: In the short term, the PVC spot market will continue to fluctuate slightly.

Recent price trends of hydrochloric acid

According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market prices have significantly increased this week, with the average market price rising from 174.00 yuan/ton at the beginning of the week to 192.00 yuan/ton at the end of the week, an increase of 10.34%. Weekend prices increased by 25.22% year-on-year. On September 18th, the hydrochloric acid commodity index was 50.66, an increase of 0.13 points compared to yesterday, a decrease of 63.26% from the cycle’s highest point of 137.89 points (2021-10-26), and an increase of 181.76% from the lowest point of 17.98 points on September 5th, 2012. (Note: The cycle refers to the period from September 1st, 2011 to the present)

Increased upstream support and better downstream demand

From the supply side perspective, the domestic hydrochloric acid market prices have significantly increased this week, and manufacturers’ inventory is average.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market has recently seen a significant increase, with good cost support. The downstream market price of polyaluminum chloride has slightly increased, rising from 1700.00 yuan/ton at the beginning of the week to 1735.00 yuan/ton at the weekend, an increase of 2.06%. The weekend price has decreased by 16.23% year-on-year. The downstream ammonium chloride market has slightly increased, with prices rising from 722.50 yuan/ton at the beginning of the week to 742.50 yuan/ton over the weekend, an increase of 2.77%. The weekend prices have decreased by 23.85% year-on-year.

Future Market Forecast

In late September, the market price of hydrochloric acid may fluctuate and rise mainly. The upstream liquid chlorine market has recently seen a significant increase, with increased cost support. The downstream ammonium chloride and polyaluminum chloride markets have slightly increased, and downstream procurement willingness is good. Analysts from Business Society believe that the recent slight fluctuations and gains in the hydrochloric acid market are the main trend.