According to the data monitored by the business community, as of December 14, the price of PET water bottle is relatively strong. The current average price is 7160.00 yuan/ton, up 0.42% compared with the same period last week. The overall market is relatively strong. At present, the operating rate is stable. Downstream just needs to purchase. The transaction atmosphere is general.

This week, the domestic PET price is on the strong side, and the price has risen slightly. The mainstream price is about 6900 yuan/ton. At present, the market operation rate is stable, and the negotiation atmosphere is not good enough to prepare goods.

Rubber and plastic commodity index: On December 13, the rubber and plastic index was 667 points, unchanged from yesterday, 37.08% lower than the highest point in the cycle 1060 points (March 14, 2012), and 26.33% higher than the lowest point 528 points on April 6, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

PET analysts from the business agency believe that the mainstream price of PET market is expected to be stable and strong in the short term.

According to the data of the list of bulk commodities of the business community, the market of formaldehyde in Shandong has fallen recently. On the 7th, the average price of formaldehyde in Shandong was 1313.33 yuan/ton, and on the 13th, the average price of formaldehyde in Shandong was 1260.00 yuan/ton, down 4.06%, and the current price fell 3.57% year on year.

formaldehyde

Recently, the market price of formaldehyde in Shandong has fallen. From the figure above, it can be seen that the recent market of formaldehyde has fallen mainly. As of December 13, the mainstream market price in Shandong was 1170-1350 yuan/ton. Recently, due to the impact of public security incidents, the downstream factories have continued to decline in construction, and the demand has weakened significantly. Formaldehyde manufacturers have difficulty in shipping. In order to increase the volume, the market is weak and falling.

Upstream methanol situation: domestic methanol market fluctuated, mainly due to supply and demand. In terms of supply, most production enterprises focus on de stocking, and traditional downstream enterprises also have early parking performance, resulting in weak overall demand performance. The cost side of methanol has been supported, but the supply side has not decreased, and the demand side has not changed much. Methanol analysts from the business community predict that the domestic methanol market may be dominated by weak ones.

Recently, the methanol market is weak and the downstream demand is hard to improve in the short term. Therefore, the formaldehyde analyst of the Chemical Branch of the Business Cooperative predicted that the recent formaldehyde price in Shandong would mainly fall due to shock.

Price trend

According to the price monitoring of the business community, the price trend of sulfur in East China continued to rise this week. The average price of sulfur on December 9 was 1513.33 yuan/ton, up 4.37% compared with 1450.00 yuan/ton on December 3, and up 13.78% month on month.

The sulfur market in East China has improved, the terminal winter fertilizer storage market has been actively promoted, the downstream demand for sulfur has increased, the refinery shipments are smooth, the inventory is low, and the sulfur quotation has continued to rise. As of September 9, the mainstream price of solid sulfur in refineries in Shandong was about 1430-1680 yuan/ton, and the mainstream price of liquid sulfur was 1380-1550 yuan/ton.

Downstream market of industrial chain

The downstream sulfuric acid market was weak. As of December 9, the average domestic sulfuric acid price was 301.67 yuan/ton, down 6.22% compared with 321.67 yuan/ton on December 2. The transportation in some areas is blocked, the downstream is not willing to receive goods, the enterprise’s shipment is average, and the acid enterprise’s inventory is accumulated. In order to maintain the rhythm of shipment, the price of sulfuric acid is lowered.

Monoammonium phosphate continued to rise. On December 9, the average market price of 55% powdered monoammonium phosphate was 3550.00 yuan/ton, and on December 2, the average market price of 55% powdered monoammonium phosphate was 3466.67 yuan/ton. The market price of monoammonium phosphate rose 2.40%. The winter storage market of phosphate fertilizer has been actively promoted, the operating rate of downstream compound fertilizer enterprises has increased, and the demand for raw materials has increased. In addition, the operating rate of monoammonium phosphate manufacturers is low, the market supply is tight, and the supply of goods is small. The price of monoammonium phosphate continues to rise.

Future market forecast

According to the sulfur analysts of the business community, the terminal winter storage market is progressing smoothly at present, with favorable downstream support, increased sulfur demand, tight refinery inventory, and good simultaneous market supply and demand. It is expected that the short-term sulfur market will continue to rise, with specific attention paid to the downstream follow-up.

According to the monitoring of the business community, as of December 10, the price of nitrile rubber was 15150 yuan/ton. Since December, the market of nitrile rubber has continued to be weak and stable. The demand continues to be sluggish and the inquiry is not active. The ex factory price of nitrile rubber of domestic enterprises was stable. As of October 10, the ex factory report of Lanzhou Nitrile Rubber N41 was 13,400 yuan/ton. Narrow adjustment of market offer. At present, the mainstream report of 2665 nitrile in Russia is 13200~13400 yuan/ton.

In the first ten days of December, the price of butadiene as raw material rose slightly, while the price of acrylonitrile fell sharply. The cost support of butadiene acrylonitrile rubber was still weak. According to the monitoring of the business community, as of December 10, the price of butadiene was 63566 yuan/ton, up 0.642.48% from 6407 yuan/ton at the beginning of the month. The price of raw material acrylonitrile fell sharply. According to the monitoring of the business community, as of December 10, the price of acrylonitrile was 10020 yuan/ton, down 4.57% from 10500 yuan/ton at the beginning of the month.

NBR supply side pressure continues.

Recently, the downstream rubber products industry continued to operate at a low level, the purchase of nitrile rubber was sluggish, the market turnover was light, and the demand for nitrile rubber was insufficient.

Future market forecast: NBR analysts from the business community believe that the supply side pressure of NBR is still at present, coupled with weak demand, and it is expected that NBR will be dominated by weak consolidation in the short term. Later, with the launch of stock preparation before the year, the nitrile rubber market may rise slightly.

Yesterday, the domestic phenol market stopped falling, and the focus of the negotiation rose, mainly because the spot quantity was tight, some terminal factories started to store and replenish goods, and the mentality of the holders improved. The negotiation ended the situation of continuous decline, and the focus rose. In East China, the overall increase is 100-150 yuan/ton, and the negotiation is 8120-8150 yuan/ton. It is understood that the port replenishment has been delayed, and the market available is limited. However, the demand side has inquiries, but most of the goods are replenished with small orders. The on-site delivery volume is average. In the downstream, BPA continues to decline. The negotiation is 10000-10150 yuan/ton. It is expected that the short-term phenol market will be strong and upward, and the increase will mainly depend on the demand of downstream factories, focusing on the market turnover.

On December 6, phenol offers in various markets across the country were as follows:

Regional./quotation./daily rise and fall

East China/8150/. 100

Shandong Province/8250./100

Yanshan surrounding area./8250./100

South China/8150./100