1、 Price trend

According to the data of the business club’s bulk list, the domestic dry process aluminum fluoride market price remained stable this week, with the average market price at the beginning of the week of 9033 yuan / ton and at the end of the week of 8900 yuan / ton, down 1.48% from last week.

2、 Market analysis

This week, the price of aluminum fluoride is stable: the factory price of aluminum fluoride of Zhengzhou Tianrui Grain Technology Co., Ltd. is 8500 yuan / ton, that of Shandong LUZHENG Chemical Co., Ltd. is 9600 yuan / ton, and that of Zhengzhou Zerun Energy Chemical Co., Ltd. is 8700 yuan / ton.

Market analysis: the price trend of hydrofluoric acid this week is temporarily stable. In the near future, the on-site manufacturers are generally on the way. The operating rate of the downstream refrigerant industry remains at a low level. The demand for domestic hydrofluoric acid market is limited. In addition, the domestic hydrofluoric acid plant maintains a high operating rate, and the domestic spot supply is sufficient. However, in the near future, the price of fluorite remains high, and the domestic price trend is temporarily stable. By the end of the week, the southern China had a stable price trend The mainstream of regional hydrofluoric acid negotiation is 10000-11000 yuan / ton, and the price of hydrofluoric acid in the northern market is 10000-10500 yuan / ton. This week, the price of aluminum fluoride rose and fell. Zhengzhou tianruijing lowered the price by 500 yuan / ton.

3、 Future forecast

According to the aluminum fluoride industry analyst of business and chemical branch, the price of hydrofluoric acid will remain stable in the near years, and the pressure on the price of hydrofluoric acid will be relatively large in the near future. The price of downstream aluminum fluoride market has not yet increased, and it is expected that the price of aluminum fluoride market will continue to maintain stability in a short period of time.

1、 Price trend of lithium hydroxide:

The average price of lithium hydroxide as of January 9 was 57666.67 yuan / ton, the same as that of yesterday, according to the data in the bulk list of business agencies. In a three-month cycle, it fell 18.40% year-on-year. On January 8, the lithium hydroxide commodity index was 137.30, which was the same as that on July 7, 64.01% lower than the highest point of 381.48 (2016-09-12), and 37.30% higher than the lowest point of 100.00 on September 4, 2014. (Note: cycle refers to 2014-09-01 to now)

2、 Market analysis:

Product: on January 9, the market of lithium hydroxide kept stable. At present, the external quotation of industrial grade lithium hydroxide of Shanghai Yulun Industrial Co., Ltd. is 58000 yuan / ton, the external quotation of industrial grade lithium hydroxide of Shanghai Eugene Industrial Co., Ltd. is 60000 yuan / ton, and the external quotation of industrial grade lithium hydroxide of Zigong tongfarong Industrial Co., Ltd. is 55000 yuan / ton. The specific price will be discussed in a single way.

Industry chain: Recently, the upstream lithium carbonate market is in a weak consolidation operation. The price of industrial grade lithium carbonate (1.1-1.8) fell by 2.70%, while the price of battery grade lithium carbonate (1.1-1.8) fell by 0.78%. On January 8, the lithium carbonate commodity index was 110.06, the same as on July 7, down 72.83% from 405.10 (2018-01-07), the highest point in the cycle, and up 11.69% from 98.54, the lowest point on October 16, 2014. (Note: cycle refers to 2011-09-01 to now) it is reported that the inventory of lithium salt manufacturers in the domestic market has declined, but the overall market supply is still relatively surplus. In the lower reaches of lithium carbonate, small orders are mainly purchased, and the demanders are willing to press the price strongly, and the market transaction is weak. Near the end of the year, in order to reduce the inventory level and collect funds, some lithium carbonate enterprises have strong willingness to ship goods actively. At present, the market lacks strong support of favorable factors, and the downstream wait-and-see atmosphere is strong.

3、 Future forecast:

According to the lithium hydroxide analyst of business club, the upstream lithium carbonate market is weak in operation, and the cost support is also weak. The current operating rate of lithium hydroxide is low, and the firm price mentality is obvious. The downstream is mainly stocked in small quantities, and the trading atmosphere is light. It is expected that the lithium hydroxide Market will be stable in the short term.

1、 Price trend:

According to the data monitoring of business agency, in January 2020, the price of o-xylene Sinopec contract rose, and the price of o-xylene rose. As of January 7, the contract price of o-xylene Sinopec was 6300.00 yuan / ton, 100 yuan / ton higher than that of 6200.00 yuan / ton at the end of December. The price is 7.35% lower than that of the same period last year.

2、

Market analysis:

External offer

Commodity name quotation type port price time

O-xylene FOB Amsterdam, Rotterdam and Antwerp $860.00/t 2020-1-6

O-xylene CFR China 789.00 USD / ton 2020-1-3

O-xylene CFR Southeast Asia 785.00 USD / ton 2020-1-3

O-xylene FOB South Korea 758.00 USD / ton 2020-1-3

O-xylene FOB Amsterdam, Rotterdam and Antwerp $860 / T 2020-1-3

O-xylene CFR China 789.00 USD / ton 2019-12-27

O-xylene CFR Southeast Asia 775.00 USD / ton 2019-12-27

O-xylene FOB South Korea 758.00 USD / ton 2019-12-27

O-xylene FOB Amsterdam, Rotterdam and Antwerp $860.00/t 2019-12-27

As can be seen from the table, the price of o-benzene in the external market last week rose in shock. As of January 3, the price of o-benzene in China was 789 US dollars / ton, maintaining stability; the price of o-benzene in Southeast Asia was 785 US dollars / ton, 10 US dollars / ton higher than last week. In January, the external price of o-benzene rose, the price of imported o-benzene rose, the price of port o-benzene rose, and the port inventory is still at a low level. The overall external price rise is good for the future o-benzene.

Factor analysis of industrial chain

It can be seen from the comparison chart of the price trend of o-benzene and mixed xylene that after the year, the price of mixed xylene fluctuated slightly, the price of raw materials of o-benzene decreased, the price of o-benzene rose after the year, the price of o-benzene deviated from the cost, and there was no power support for the rise of o-benzene.

It can be seen from the price trend comparison chart of o-phthalic acid and phthalic anhydride that after the year, the price of phthalic anhydride was weak and stable, the price of o-phthalic acid did not rise and support, and the downward pressure of o-phthalic acid was large.

3、 Future forecast:

Bai Jiaxin, an o-xylene data analyst at the business association, thinks that after the year, the cost of o-xylene has declined and the downstream demand has not improved. Why does the price of o-xylene rise and deviate from the cost? The reasons are as follows: the external quotation is firm, and the increase of the external quotation has certain positive support for the domestic price of o-benzene; compared with the price of o-benzene in the same period of previous years, this year’s price of o-benzene is low, the profit of o-benzene manufacturers is small, and there is the power support for the price increase; near the Spring Festival, the logistics and transportation are limited, the manufacturers will prepare goods in advance, the demand will rise in the short term, and the price of o-benzene will have certain benefit Good; highway charging policy changes, transportation cost increases, etc. Generally speaking, the growth momentum of the future market is limited, and there is certain downward pressure. It is expected that the future market will be mainly volatile and stable.

1、 Price trend

According to the data monitored by the business agency, the domestic PP market in December was in a weak downward trend. As of December 31, some spot prices were lower than the beginning of the month. The main offer price of T30S from domestic producers and traders is about 7833.33 yuan / ton, down 6.56% from the beginning of the week.

2、 Cause analysis

Upstream: according to the data in the business club’s bulk list, the price of propylene in the upstream of PP began to decline at the beginning of December under the influence of the international crude oil “Black Friday” market, and the price has declined all the way, about 400 yuan / ton. After that, the price has remained stable and fluctuated in a narrow range. At the end of the month, the price of the enterprise began to decline again from December 25, about 200 yuan / ton in two days, and the price began to rise at the end of the month. On the upstream side, OPEC’s production reduction policy was extended, and the international crude oil market was consolidated at a high level, but the increase was not large, which had a certain effect on propylene. In the downstream, the start-up of downstream manufacturers gradually recovered, the delivery situation improved, the profit margin was fair, and it also had a certain positive impact on propylene. In general, propylene market fell twice in December, with a total decline of nearly 10%. At the end of the month, it recovered slightly from the annual low price. The downstream operating rate is good and the profit margin is fair.

Products: the cost support is weak, some domestic petrochemical prices are down, the high spot price transaction resistance is obvious, the purchase intention of merchants is low, the continuation just needs to make up the position, and the terminal trading atmosphere is light. The price of PP market fell this month, and the contradiction between supply and demand in the market increased. Close to new year’s day, two oil actively go to storage, inventory to maintain a low level. Under the current situation of spot weakness, the lower reaches make up for the low price, and the merchants maintain the low inventory operation. It is estimated that there are 580000-620000 tons in the first warehouse at the beginning of January. At the end of the month, the average operating rate of domestic polypropylene enterprises is 96.24%. It is expected that the operating rate of domestic polypropylene enterprises will rise in early January.

3、 Future forecast

PP analyst of business club thinks: PP analyst of business club thinks: domestic PP price fell in December in general. The upstream propylene market is weak and the cost side support is poor. Downstream factories buy at low price and continue the strategy of rigid demand. The price of petrochemical plant has been lowered, the confidence of the operators is insufficient, the quotation keeps falling, and the operation is cautious. It is expected that PP market will continue to adjust at a low level in the near future. It is suggested to pay close attention to the change of propylene market at the cost end in the near future.

1、 Price trend

Business agency: “W” trend in the first half of MTBE market in 2019

According to the data of business agency, the price of MTBE on December 31 was 5383 yuan / ton, 5.97% higher than 5080 yuan / ton at the beginning of the year.

2、 Market analysis

The price trend of domestic MTBE market in 2019 is highly related to that of upstream gasoline market, and the price trend is basically the same.

The first half of the year: domestic MTBE kept stable operation from January to May. As of the end of May, the domestic MTBE market price only rose 0.72% to 5116 yuan / ton, while the gasoline price rose 1.79% in the same period. First of all, in terms of crude oil, the overall trade relationship between China and the United States shows a gradual easing trend. In terms of gasoline, gasoline procurement and replenishment operations are basically carried out on demand. Second, in the first half of the year, the MTBE unit operating rate changed little, and the market price went with the market, not affected by the market supply and demand relationship.

Second half of the year: since late May, the price trend of domestic MTBE market follows the change of gasoline market, showing a “W” trend as a whole. The market prices of gasoline and MTBE fell to the lowest level in the second half of the year in the middle of June, down 8.92% and 13.39% respectively, and rose to the highest level in the second half of the year in late September, up 8.33% and 30.57% respectively. By the end of the year, they fell back to the level in the last half of May, up only 0.36% and 5.21% respectively. It can be seen that the price trend of domestic MTBE market is consistent with the change of gasoline market, but the change range of MTBE market price is larger than that of gasoline market. First of all, in May, Dalian Hengli 820000 T / a MTBE plant was started. Because of its large output and low export price, the MTBE market was deeply impacted. In April June, the refinery ushered in the centralized maintenance season. The contradiction between supply and demand in the MTBE market intensified, and the decline in the MTBE market was far greater than that in the gasoline market. Secondly, in September, compared with the gasoline market actively preparing for the golden nine silver ten peak demand season, MTBE market supply is insufficient, the number of export sales of major refineries is reduced. In September, Dalian Hengli MTBE has few export sales, and the import of MTBE is scarce, which leads to the shortage of MTBE.

On the whole, the market price of MTBE in 2019 is closely related to the price trend of the gasoline market and deeply influenced by the supply side of MTBE. It shows its own trend, and the shock range is far greater than that of the gasoline market.

3、 Future forecast

According to MTBE product analyst of energy branch of business society, future trade disputes may enter into normalization, crude oil market demand will be restricted, and the price center of gasoline market will fall steadily in 2020. Therefore, in 2020, the price center of MTBE market will follow the price center of gasoline market and the fluctuation range will further shrink.