1、 Price trend

According to the monitoring data of the business agency, the average ex factory price of chlorinated paraffin 52 in China on July 13 was 4800 yuan / ton, and that on July 17 was 4766 yuan / ton. The price fell by 0.69% this week. .

2、 Market analysis

Chlorinated paraffin fell slightly this week. The factory quotation of chlorinated paraffin 52 in Jiangsu Province is 4600-5200 yuan / ton, that in Hebei Province is 4000-4800 yuan / ton, and that in Henan Province is 4200-5300 yuan / ton. The factory quotation of chlorinated paraffin 52 in Northeast China is 4400-5400 yuan / ton. The factory quotation of chlorinated paraffin 52 in Shandong Province is about 4900 yuan / ton. The factory quotation of chlorinated paraffin 52 in Northwest China is 4600-5400 yuan / ton. The factory quotation of chlorinated paraffin 52 in East China is 4500-5400 yuan / ton. The factory quotation of chlorinated paraffin 52 in North China is 4200-5000 yuan / ton. The factory quotation of chlorinated paraffin 52 in South China is 4500-5000 yuan / ton.

The raw material market is stable this week. The main price of liquid wax is 5700-6100 yuan / ton, stable shipment. The price of raw material liquid chlorine is firm and stable, and the transaction is good. In the short term, the raw material market is mainly stable. The downstream demand for chlorinated paraffin is less.

3、 Future forecast

Chlorinated paraffin analysts of business club believe that the current market of chlorinated paraffin is stable with cost support, but the downstream demand for chlorinated paraffin is weak and the order is poor. It is expected that the market of chlorinated paraffin will maintain stable operation in the short term.

1、 Price trend

This week, the factory price of urea in Shandong Province rose slightly, and the quoted price rose from 1650.00 yuan / ton at the beginning of the week to 1656.67 yuan / ton at the end of the week, up 0.4%, 14.01% lower than the same period last year. Overall, the urea market rose slightly this week, and the urea commodity index on July 17 was 77.05.

2、 Market analysis

From the manufacturer’s quotation, the mainstream urea factory price in Shandong this week rose slightly. At the end of this week, the price of urea in Yangmei plain was 1640 yuan / ton, which was temporarily stable compared with that at the beginning of the week; the quotation of Shandong Ruixing urea was 1650 yuan / ton at the end of this week, which was 20 yuan / ton higher than that at the beginning of the week; the price of open water urea was 1680 yuan / ton at the end of this week, which was temporarily stable compared with that before maintenance.

From the perspective of market demand, there is more rain in southern China recently, which has a great impact on transportation and agricultural demand. At the same time, agricultural demand in North China and central China is gradually ending. In terms of industrial demand, the downstream compound fertilizer and plate enterprises are affected by air pollution control, and the starting load is low, and the purchase of new orders slows down. In terms of supply: the early production reduction and maintenance devices have been restored, and the spot supply has increased slightly. International: on the evening of July 17, the lowest price is 240.5 US dollars / ton CFR on the east coast and 242.5 dollars / ton CFR on the west coast. The price is not satisfactory and there is a certain gap with the domestic price level.

From the perspective of upstream and downstream industry chain, the upstream products of urea fell slightly this week: the price of liquefied natural gas (LNG) dropped slightly, from 2470.00 yuan / ton at the beginning of the week to 2463.33 yuan / ton at the end of the week, down 0.27%, 23.02% year-on-year compared with the same period last year; the price of liquid ammonia was temporarily stable this week, with the quotation of 3100.00 yuan / ton, down 6.16% year-on-year compared with the same period last year The cost support is weak. This week, the quotation of melamine downstream of urea was temporarily stable, with a price of 5066.67 yuan / ton. The downstream rubber sheet factory had a general enthusiasm for urea procurement, which had a negative impact on the urea price.

3、 Future forecast

In the last ten days of July, the market price of urea in Shandong was mainly fluctuated. Urea analysts from the business club believe that the current agricultural demand is low, the downstream industry is generally enthusiastic about urea procurement, and the printing label is not ideal. It is expected that the short-term urea market will mainly fluctuate and fall.

The domestic methanol market fluctuated in a narrow range. According to the price monitoring of the business agency, the domestic methanol market price was 1657 yuan / ton at the beginning of the week, and 1652 yuan / ton at the weekend, with a decrease of 0.30% during the week. The price was 2.64% higher than that of the same period last month, and the price was 21.53% lower than that of the same period last year.

This week, due to the centralized maintenance of domestic units, the low start-up load of enterprises, and the continuous unexpected shutdown of overseas units, the domestic methanol market price continued to rise; in the later part of the week, with the port inventory accumulating again, there was no hope of alleviating the high inventory problem, and the market’s pursuit of rising mentality fell back, and the overall purchasing gas was insufficient. In terms of demand, the traditional downstream gradually recovered, but it was still lower than the same period last year. Under the profit driven, the overall olefin operating level was at a high level, and there was no room for further growth. In addition, the inventory of some downstream enterprises was relatively high, limiting the growth of methanol demand.

In terms of industrial chain, formaldehyde: this week, the domestic formaldehyde market was in a horizontal order. At the beginning of the week, the strong upward trend of raw material surface was obvious, and gradually turned weak in the middle of the week. Domestic downstream terminals are mostly affected by rain and high temperature, and the start-up continues to tighten, so the demand for formaldehyde is correspondingly weakened, and most of them are rigid demand. In this context, formaldehyde production enterprises are under pressure, and formaldehyde factories basically rely on fixed terminal demand to maintain shipment. Next week, the formaldehyde industry in Shandong ushered in the national environmental protection supervision, and the wood industry was affected by this, and the start of work will be further weakened, so the demand for formaldehyde is not optimistic.

Acetic acid: this week, the domestic acetic acid market continued to rise after the end of the trend of stable operation. The early maintenance manufacturers resumed normal operation, and the market supply gradually increased. Although the northwest manufacturers failed during the weekend, the market supply still showed a significant increase trend under the normal operation of the mainstream manufacturers in East China, which eased the tight supply situation in the acetic acid Market and passively stabilized the supplier’s offer price. The production enterprises mainly deliver orders in the early stage. At present, the inventory quantity is low, and the offer is strong. However, the traders have sufficient stock in the early stage. In the face of the bearish sentiment in the later stage, they actively offer to seek a deal. The self raised price negotiation in the East China market is slightly preferential.

Dimethyl ether: the domestic dimethyl ether price has increased steadily this week, and the transaction situation has improved appropriately. Due to the low price of dimethyl ether in the early stage, most enterprises are in a loss situation, which leads to some enterprises to carry out maintenance. The price of mainstream enterprises in Henan Province increased by about 110 yuan / ton this week, and some enterprises limited their sales. The situation of price rise gradually spread to the surrounding provinces and cities.

In the later stage, port inventory will accumulate again, and high inventory will continue to suppress methanol price; in the early stage, some maintenance devices have been resumed and restarted, and the supply side is expected to increase in the near future; the inventory of some downstream enterprises is on the high side, and the downstream market is weak to catch up with the high price, and the overall transaction atmosphere turns weak. Methanol analysts of business community predict that the domestic methanol market is likely to decline in the short term.

1、 Price trend of lithium hydroxide

(Figure: P value curve of lithium hydroxide products)

2、 Market analysis

Recently, the domestic industrial grade lithium hydroxide Market has been running steadily. As of July 14, the average price of domestic industrial grade lithium hydroxide enterprises was 54666.67 yuan / ton, which was flat compared with July 1, and decreased by 4.09% compared with April 14. At present, the demand for industrial grade lithium hydroxide is stable, and the spot transaction of battery grade lithium hydroxide is general, and the price is mainly stable.

According to customs statistics, from January to may 2020, China’s cumulative import volume of lithium hydroxide is 219.92 tons, the cumulative import amount is about 1.25 million US dollars, and the cumulative average import price is 5681.51 dollars / ton; from January to may 2020, China’s cumulative total export volume of lithium hydroxide is 21229.99 tons, the accumulated export amount is about 236.79 million dollars, and the cumulative average export price is 11153.42 dollars / ton.

Upstream lithium carbonate, lithium carbonate prices in recent years have been mixed, the market continued to wait and see. As of July 13, the average price of industrial grade lithium carbonate in East China was 39300 yuan / ton, which was 0.35% lower than that on July 1 and 1.5% lower than that on June 13; on July 13, the average price of battery grade lithium carbonate in East China was 44700 yuan / ton, up 1.13% compared with July 1 and 0.9% higher than that on June 13. On the 13th, the mainstream quotation of industrial grade lithium carbonate market was around 35500-45000 yuan / ton, and that of battery grade lithium carbonate was around 40500-48000 yuan / ton. At present, the price of industrial grade lithium carbonate and battery grade lithium carbonate still has a high correlation, so the industry needs a certain time to digest the inventory. It is expected that the market price of lithium carbonate will continue to wait and see in the short term.

3、 Future forecast

Lithium hydroxide analysts from the business club believe that in the near future, the market of lithium carbonate is in a wait-and-see manner, with acceptable cost support and relatively stable demand. It is expected that the industrial grade lithium hydroxide Market will maintain stable operation in the short term.

Price trend:

According to the data of the bulk list of business associations, the domestic ABS market stabilized in the first ten days of July, and the spot price of the market was slightly adjusted. As of July 10, the mainstream offer price of general-purpose ABS was about 13250.00 yuan / ton, which was in line with the average price at the beginning of the month.

Factor analysis:

In terms of styrene upstream of ABS, according to the monitoring of bulk data of business agency, the average offer of sample enterprises was 5400 yuan / ton on Friday, July 10, and the price was basically unchanged at the level at the beginning of the month, down 39.78% compared with the same period last year. It is reported that the total inventory in East China has decreased by 3.25% to 370200 tons. But inventories are still high. In the short term, the oversupply has not changed. In terms of domestic styrene, styrene was restarted and increased in July, some enterprises’ inventory increased slightly, and the overall output was basically the same as last week. At the beginning of the month, the average operating rate of styrene in China was 82.2%, which was 81.99, down 0.21%. At present, the spot sales pressure of styrene is still large, and it is expected that styrene will be mainly horizontal finishing. Domestic demand should pay close attention to the trend of crude oil price;

In terms of ABS upstream acrylonitrile, the domestic market continues to be weak recently, the operating rate of production enterprises is further improved, and the supply pressure in the market is expected to further increase. Downstream cautious stock, just need to buy, social inventory accumulation risk increased. There is resistance to shipment, the actual transaction center is down, and the acrylonitrile market is expected to be weak;

The domestic butadiene market rose slightly in the first ten days of July. According to the price monitored by the business agency, the average price of butadiene in the domestic market as of July 10 was about 3495 yuan / ton, with a weekly increase of 0.64%, a month on month decrease of 8.04% and a year-on-year decrease of 58.67% compared with the same period of last year. In the near future, there is a certain demand for butadiene downstream, in addition to the suspension of online export sales of northern Huajin during the cycle, a small number of high turnover sources boosted the atmosphere of the spot market, and speculation went up. With the rising market in northern China and the news that Shandong Huayu polybutadiene rubber plant is expected to restart, businesses in East China are reluctant to sell at low prices and offer high prices. In the middle of the week, the supply side of South Korea and China’s domestic prices slightly supported. Under the support of short-term supplier and external information, it is difficult to find low-cost goods in the market, but high-end prices in the market are waiting for downstream inquiry to follow up, so it is difficult to make large-scale transactions. Business community butadiene analysts predict that under the guidance of suppliers, the market offer may remain relatively strong, but the transaction follow-up situation is still worthy of attention; the pressure of market continued upward is obvious, and it is suggested to pay close attention to whether the mainstream supplier price policy can bring sustained boost to the market;

In the first ten days of July, the domestic ABS market was running smoothly. Although the operating rate of domestic ABS petrochemical plant was almost full load operation, the downstream demand sentiment was fair, and there was just a demand support in the field. The existing inventory is still at a low level, and the lack of on-site spot circulation is the driving force to support the prices of merchants. At present, downstream factories are mainly cautious in stock operation, and some brands are still up in a narrow range.

Future forecast:

Business agency analysts believe: early July ABS market stable, the price of each brand narrow adjustment. Cost side of the upstream three material trend is not good, the cost side support is weak. At present, the spot supply of ABS is still less, the downstream is cautious about high price ABS goods, just need to take the order, but the overall demand support is still strong. At present, the profit margin of merchants is limited. It is expected that the domestic ABS price will continue to rise in the near future.