According to the price monitoring of the business agency, the overall price of lithium carbonate in East China showed an upward trend in July, and the prices of industrial carbon and electric carbon increased to varying degrees. As of July 29, the average price of industrial grade lithium carbonate in East China was 39700 yuan / ton, which was 260 yuan / ton higher than that at the beginning of the month (the average price of industrial carbon in East China was 39440 yuan / ton on July 1), up 0.66%. On July 29, the average price of battery grade lithium carbonate in East China was 44900 yuan / ton, which was 700 yuan / ton higher than that at the beginning of the month (the average price of carbon in East China was 44200 yuan / ton), up 1.58%.

According to the observation of market changes, the market price of industrial grade lithium carbonate in the first ten days of July showed a mixed situation of rise and fall, the downstream demand of the market slightly recovered, and the market inquiry increased. Although the industrial carbon price of some enterprises slightly increased, the overall price still slightly declined. With the gradual improvement of the operating rate, the price of industrial carbon began to rise gradually in the middle and late July, and the demand was relatively better. But near the end of the month, the downstream enterprises have a low acceptance of the price increase, so the price returns to stable.

However, in the long run, the bottom of the price has already appeared, the demand for battery grade lithium carbonate is limited, and the demand of purification enterprises is increasing, and the pressure of market supply surplus is still under. For the rise of prices, downstream enterprises are not very receptive, so it has been stable since the end of the last ten days.

The downstream market price of lithium hydroxide remained stable throughout July. At present, large battery grade lithium hydroxide manufacturers have low willingness to reduce prices, high price is firm, spot transactions are sporadic, and low price or with a small amount of material manufacturers purchase a small amount of decline. In the lithium iron phosphate Market, the price of iron and lithium remained unchanged due to the difficulty for downstream battery manufacturers to accept the increase in iron lithium price. Therefore, this will restrain the upward trend of lithium carbonate price. This month, the comprehensive price of industrial grade lithium carbonate is between 35000 yuan / ton and 45000 yuan / ton, and the comprehensive price of battery grade lithium carbonate is between 45000 yuan / ton and 48000 yuan / ton.

According to the lithium carbonate analysts of the business club, the sharp increase of lithium carbonate import and the increase of domestic industrial carbon production will alleviate the tight situation of subsequent shipment, but the upward space of lithium salt price will be narrowed. In addition, the demand for ternary materials recovered slowly, and lithium carbonate inventory pressure is still under pressure. It is expected that the upward space of lithium carbonate price is still under pressure in the short term.

The domestic butadiene market continued to rise. According to the price monitored by the business agency, the domestic butadiene market price was 3473 yuan / ton on July 19, and 34954234 yuan / ton on July 28, with an increase of 21.91% during the period. The price rose by 22.50% compared with the same period of last month and decreased by 52.37% compared with the same period last year.

The main reasons for the sharp rise in the domestic butadiene market are as follows: one is the strong support for the continuous increase of the external market price of butadiene; the other is that the domestic production enterprises have a lot of maintenance, and the supply of goods is relatively tight in the short term. Traders take this opportunity to actively push up the price of butadiene. It is hard to find the low-cost source of goods in the market. The downstream just needs to purchase, and the quotation of middlemen keeps up with the increase. The market atmosphere is strong Thick.

In terms of enterprises, the butadiene price of Sinopec sales companies has been increased by 800 yuan / ton in recent 10 days, with 4500 yuan / ton implemented; Liaoyang Petrochemical’s butadiene price has been increased by 900 yuan / ton to 4600 yuan / ton; the latest butadiene price of Inner Mongolia Jiutai energy is 4800 yuan / ton; the latest price of Dalian Hengli butadiene is 4410 yuan / ton.

In terms of industrial chain: SBR: narrow range of domestic mainstream SBR Market. The mainstream offer of Qilu 1502e in North China is 7750-7800 yuan / ton, while that of Qilu 1502e market in East China is around 8050 yuan / ton.

Butadiene rubber: the price of raw material butadiene continued to rise, and cis-1,3,4-butadiene rubber traders were cautious in shipping, and the low-level in the market disappeared, and some of them made tentative price increase offers. However, considering that Qilu and other units were restarted one after another, the supply would be large, and the merchants were still lack of confidence in the future market, so they would ship according to the market; the downstream purchase maintained rigid demand, but the actual order still needed to wait and see.

External market continued to rise, domestic manufacturers’ prices continued to rise, stimulating the downstream inquiry atmosphere, short-term low-cost supply is hard to find, business agency butadiene analysts predict that the short-term domestic butadiene market will perform relatively high, and it is recommended to pay close attention to the transaction guidelines.

1、 Price trend

According to the data of the business agency, as of July 27, the average price of maleic anhydride with benzene hydrogenation method was 6600 yuan / ton (including tax), and the overall market was stable and upward, with an increase of 2.06% compared with the average price of 6466 yuan / ton in the same period of last month.

On July 26, the commodity index of maleic anhydride was 60.60, which was the same as yesterday, decreased by 51.00% from the highest point of 123.67 (December 26, 2017), and increased by 18.41% from the lowest point of 51.18 on April 14, 2020. (Note: period refers to 2011-09-01 to now).

2、 Analysis of influencing factors

Products: affected by tight supply, the price of maleic anhydride in the main production areas continued to rise, while other regions followed. Some enterprises were reluctant to sell solid anhydride, which led to the aggravation of supply tension in the industry, the purchasing sentiment in the downstream market rebounded, and the price support for maleic anhydride was fair.

Industrial chain: the hydrobenzene market is affected by the replenishment of traders, and the price has stopped falling and stabilized. However, in the long run, the price of raw materials continues to fall, which does not support the price of hydrobenzene, and the downstream market just needs to be flat; the downstream unsaturated resin market is in a horizontal direction, with strong market wait-and-see sentiment, and with maleic anhydride, the cost pressure is becoming increasingly obvious.

3、 Future forecast

According to the analysts of maleic anhydride products of the business agency, the current maleic anhydride market continues to rise due to the tight supply. It is difficult to effectively make up the supply gap in the short term, and the seller has a good intention of supporting prices. It is expected that the maleic anhydride price will be firm in the short term

1、 Price trend

According to the business club’s large list data, the average ex factory price of powdered monoammonium was 1900 yuan / ton on July 20, and 1900 yuan / ton on July 24, maintaining a stable price.

According to the business club’s large list data, on July 20, the average ex factory price of 64% diammonium was 2185 yuan / ton, and on July 24, the average ex factory price of 64% diammonium was 2185 yuan / ton, and the price remained stable.

2、 Market analysis

The market of monoammonium phosphate is stable this week, and the operating rate of enterprises is about 78%. In Anhui Province, 55% powdered ammonium was quoted at 1900-1950 yuan / T, and the start-up was stable. In Hubei Province, the ex factory quotation of 55% powdered ammonium is about 1850-1950 yuan / ton, and that of 60% powdered ammonium is 2000-2100 yuan / ton. The stable operation of Henan market, 55% ammonium powder factory quotation of 1900 yuan / ton, stable start-up. The price of 55% powdered ammonium in Shandong Province is 1850-1950 yuan / ton, and the price is stable. The factory quotation of 55% powdered ammonium in Sichuan is about 1950 yuan / ton.

Diammonium phosphate market stable this week, the enterprise operating rate of about 50%. At present, the mainstream factory quotation of 64% diammonium in Hubei Province is 2150-2250 yuan / ton, that in Shandong Province is 2200-2250 yuan / ton, that in Yunnan Guizhou area is 2300-2450 yuan / ton, and that in Anhui Province is 2200-2350 yuan / ton. In Gansu Province, 64% DAP mainstream factory quotation is 2250-2350 yuan / ton. The quotation of 64% diammonium at the first arrival station in Heilongjiang Province is about 2400 yuan / ton.

This week, the raw material phosphate rock market is still weak and stable operation. Before the demand is not improved in time, it is expected that the phosphate rock market will change significantly. Under the stable consolidation operation, some regions may still adjust the price slightly to prepare for the accumulated orders. The price of raw material sulfur was stable this week. The reference price of sulfur on July 24 was 623.33 yuan / ton, which was 4.59% lower than that on July 1. The purchasing enthusiasm of downstream compound fertilizer is not high.

3、 Future forecast

Ammonium phosphate analysts believe that the price of ammonium raw materials is stable on Monday, and the cost has no good information. There is no improvement in the downstream demand and the follow-up of new orders is insufficient. The domestic market of diammonium is not good, and the international market shows signs of improvement. It is expected that the market of ammonium phosphate will run smoothly in the later period, and it is suggested to pay attention to the change of downstream demand.

1、 Price trend chart of nitric acid Market

Nitric acid price curve

According to the monitoring of the business agency, the average price of nitric acid in East China on July 22 was 1533 yuan / ton. Last week, the average price of nitric acid was 1450 yuan / ton, up 5.75%.

2、 Market analysis

The price of concentrated nitric acid in some areas has been raised. Jiangsu Hongze Yinzhu Chemical Co., Ltd. quoted 1500 yuan / ton of concentrated nitric acid, which was 200 yuan / ton higher than last time; Anhui Jinhe quoted 1350-1400 yuan / ton, which was the same as last week; Shandong helitai Chemical Co., Ltd. offered 1750 yuan / ton, with an increase of 50 yuan / ton; Huainan Aodeli chemical products Sales Co., Ltd. offered 1350 yuan / ton of concentrated nitric acid, which was higher than last time The price of concentrated nitric acid was increased by 20 yuan / ton last time; the ex factory price of concentrated nitric acid was 1580 yuan / ton, which was the same as that of last time; some manufacturers shut down, the supply of nitric acid products was tight, and the market of nitric acid was fair, which supported the price increase of nitric acid.

According to the monitoring of the business agency, at the beginning of the week, the domestic liquid ammonia market remained stable in most regions, the prices in some regions fell slightly, the prices in Shandong, the main production areas, remained at the level of last week. In Shandong Province, the liquid ammonia dropped by 50 yuan / ton on the 20th, and the mainstream market quotation was 2700-2800 yuan / ton; downstream aniline: the aniline price this week (7.13-7.17) remained stable compared with last week, on July 17, the aniline price in Shandong was 4200-4280 yuan / T, and that in East China was 4200-4300 yuan / ton.

3、 Future forecast

The price of upstream raw material liquid ammonia fell slightly in some areas, and nitric acid analysts of business club predicted that the rising space of nitric acid might be limited.