I. Price Trend Chart of Polyformaldehyde Market

Price Curve of Polyformaldehyde

(Photo Source: Business Association Commodity Analysis System)

According to the monitoring of business associations, the average price of polyformaldehyde (96) in Shandong this week was 4800 yuan/ton, and the price was stable for the time being.

II. Market Analysis

Products: Shandong Aldehyde Industry Chemical Co., Ltd., with an annual output of 30,000 tons of polyformaldehyde, the price of polyformaldehyde (96) is 4800 yuan/ton with tax, and the price is stable. Linyi Shengyang Chemical Co., Ltd. produces 9000 tons of polyformaldehyde per year. The price of polyformaldehyde (96) is 4800 yuan/ton with tax, and the price is stable. Zibo Qixing Chemical Technology Co., Ltd. produces 10,000 tons of polyformaldehyde per year. The price of polyformaldehyde (96) is 4800 yuan/ton with tax. The price of the manufacturer is firm, and the demand of downstream resin and pesticide is still acceptable.

Industry Chain: This week, the domestic methanol market has increased slightly. At the beginning of the week, the average domestic methanol market price was 2076 yuan/ton, and at the end of the week it was 2098 yuan/ton, up 1.06%. The downstream demand for polyformaldehyde is general.

3. Future Market Forecast

Polyformaldehyde analysts of business associations believe that polyformaldehyde will be mainly narrow adjustment.

Price Trend

The average price of phosphoric acid was 5066.67 yuan/ton on September 02 and 5266.67 yuan/ton on September 12, up 3.95% compared with the same period last year, up 18.73%.

II. Market Analysis

Products: Since September, the price of phosphoric acid market has been rising all the way. As of September 12, the average price of 85% industrial purified water phosphoric acid market is about 5266.67 yuan/ton. The price of Hubei Xingfa Group is 5000 yuan/ton, Wengfudazhou is 5000 yuan/ton, Beijing Hangxing Hongda is 5400 yuan/ton, and Guangxi Mingli Group is 5800 yuan/ton. Yuan/ton, Qianrui chemical quotation 4600 yuan/ton, prices have increased in varying degrees. The main reason is that the price of raw material end yellow phosphorus has returned to a high level, the spot supply of local yellow phosphorus market is tight, the trading focus has moved up, phosphoric acid enterprises are supported by raw material yellow phosphorus and bid up, but the downstream demand is limited, the supply of individual enterprises is scarce, the quotation is suspended, and the overall market trading atmosphere is not high, mostly in a wait-and-see state.

Graph.100ppi.com

Industry chain: In the near future, the phosphate ore market has not fluctuated and operated smoothly. The overall market turnover is light. A small number of purchases are made downstream. Enterprises mainly reduce production and guarantee prices. Some enterprises plan to stop production and sale stocks at the end of the month in order to meet the 70th anniversary of the celebration. Yellow phosphorus Market Spot tension, strong wait-and-see sentiment of enterprises, the focus continued to move upwards. At present, the mainstream quotation of yellow phosphorus in Yunnan is 18,000-20,000 yuan/ton. The mainstream quotation in Sichuan is about 17800 yuan/ton. The downstream ammonium phosphate market continued to be weak and prices fell again.

Industry: According to the price monitoring of business associations, in the 35th week of 2019 (9.2-9.6), the price of phosphorus chemical industry rose and fell by two kinds of commodities, falling by one, and falling by two kinds of commodities. The main commodities rising were yellow phosphorus (11.51%) and phosphoric acid (3.95%); the main commodities falling were diammonium phosphate (-1.08%). This week’s average rise and fall was 2.88%.

3. Future Market Forecast

Phosphoric acid analyst of Business Society Chemical Branch believes that with the market demand for yellow phosphorus improving and the overall focus upward, phosphoric acid enterprises are well supported by the raw material end, and phosphoric acid is expected to fluctuate with the narrow range of cost in the short term.

Price Trend

According to the monitoring data of business associations, as of September 11, the average price of silicone DMC market in several mainstream areas monitored by data was 2 1133.33 yuan/ton. Compared with September 10, the price of silicone DMC market rose by 34 yuan/ton, up by 0.16%. Today, the price of silicone DMC market is around 20 700-21 500 yuan/ton.

II. Market Analysis

Product: Prior to the Mid-Autumn Festival, the market of silicone DMC turned slightly in mid-week (September 11), some low-price suppliers’quotations have been retracted, the single factory’s bid mentality has been strengthened again, the double-section is coming, 20-25 this month, some single devices have a full-line parking plan, so there is no short-term inventory. There will be a significant rise, downstream enterprises may have a certain willingness to stock up before the holidays, so the market sentiment has risen again, monomer factories have increased DMC quotations. At present, the lowest quotation of silicone DMC market is around 20700 yuan/ton (water outlet), and the highest quotation is around 21800 yuan/ton.

Industry chain: Silicone DMC downstream products, silicone oil and silica gel prices are also explored in a narrow range, 107 gel prices are still strong, some enterprises increase their quotations, heard that in the market, low inventory holders are increasing their quotations by 1000 yuan/ton, the bullish sentiment of major manufacturers is increasing, still need to pay more attention to the market transaction information.

3. Future Market Forecast

Business analysts believe that: in late September, whether the market of silicone DMC can rise all the way remains to be seen, and the specific rise and fall is also closely related to the uncertain market environment upstream and downstream supply and demand.

Price Trend

According to the price monitoring of business associations, as of September 10, the average price of domestic aggregated MDI market was 13025 yuan/ton, which was 4.23% lower than the previous year and 18.93% lower than the previous year. The overall market began to decline.

II. Market Analysis

Products: Domestic aggregate MDI market slightly declined, low prices continue to be heard, the market is gloomy atmosphere. Near the weekend last week, continued weakness, insufficient confidence in the future market, occasional negotiations between intermediaries with very low prices, due to cost pressures, agents shipment slightly cautious, more stable quotations, rare turnover. This week, Koth’s guidance price remained superficially stable. However, the market was informed that the prices of some manufacturers to some agents have been lowered. The overall market atmosphere is low, which is difficult to be favorable. Other factories remained silent, expecting short-term aggregate MDI market prices to continue to weaken, near the Mid-Autumn Festival holidays, the market is difficult to show inventory, waiting for the pre-festival and downstream stocks and manufacturers.

On the market side, the South China Polymerization MDI market is weak and volatile, the atmosphere in the venue is depressed, the turnover is not smooth, the vendors offer low delivery, and some low prices are heard. East China Polymerization MDI market is narrow and weak, the overall atmosphere in the field is depressed, there is a shortage of turnover, traders negotiate shipments, a small number of low-price hearings. North China aggregate MDI market is weak and volatile, the overall atmosphere is not good, there is a shortage of turnover, the business talks about low-end yield shipment, a small number of low-price discounts heard.

Industry chain: raw materials, pure benzene: pure benzene US dollar plate rose sharply, the price gap between domestic and foreign is large, supporting domestic market prices. Shandong’s market is partly refining up, the mainstream is between 5400 and 5550 yuan/ton, and low prices are hard to find in the market. Pure benzene factory stock is normal, high price shipment is general.

Aniline: Due to the increase of cost pressure, and some downstream purchasing stocks, the tentative increase of aniline factory by 100 yuan/ton. Due to the influence of downstream production restriction and short stock-up period, the digestion and increase of aniline Market are dominant. The mainstream negotiation price in North China refers to 6230-6430 yuan/ton, while that in East China refers to 6400-6500 yuan/ton acceptance.

3. Future Market Forecast

Business Cooperatives Perspective: Business Cooperatives aggregate MDI analysts predict that short-term domestic aggregate MDI market prices continue to weaken, near the Mid-Autumn Festival holidays, the market is difficult to show inventory, waiting for the pre-festival and downstream stock and manufacturer dynamics.

Price Trend

The phenol Market in China rose rapidly in September. In just a few working days, the factory in East China rose 4% and the market rose 4.4%. According to the monitoring data of business associations, the market offer in East China was 7600 yuan/ton on the 2nd day (7550 yuan/ton listed by East China Petrochemical Company). Up to now, the market offer in East China has risen to 8000 yuan/ton.（ East China Petrochemical is listed at 7800 yuan/ton.

II. Analytical Review

Products: Domestic phenol market boomed rapidly in September, with an increase of 50 yuan/ton to 7550 yuan/ton in East China, followed by a further increase of 150 yuan/ton to 7800 yuan/ton last weekend. During the same period, Lihuayi in North China and Shandong implemented 7900 yuan/ton. However, the market continued to be optimistic and TRADERS’mentality was positive. Up to now, all the markets have quoted as follows. Next: The mainstream reference offer in East China is 8000 yuan/ton, Yanshan is 8100 yuan/ton, Shandong is 7950 yuan/ton, Henan is 8200 yuan/ton, and South China is 8100 yuan/ton.

Industry Chain: Pure Benzene: Pure Benzene Inventory in East China has fallen again, and the supply of market resources is on the tight side, forming a favorable support for the price of pure benzene. According to the data from the business associations’list, the price of pure benzene in China increased by 100-250 yuan/ton last week. The highest price of pure benzene appeared on Friday (September 6). The price ranged from 5300 to 5550 yuan/ton, up 3.05% from last week.

Propylene: The price of propylene enterprises in Shandong increased by 50-100 yuan/ton on September 1, 2, and only a few enterprises increased on March 5. At present, the market turnover is about 7650-7750 yuan/ton, and the mainstream price is about 7650 yuan/ton. Propylene stocks in Shandong are still low and supply is tight. Recently, domestic propylene (Shandong) market prices continued to rise.

Supply and demand: Last week, phenol and ketone enterprises started construction stably at 80%, the start-up rate of Bluestar Harbin 150,000 tons/year phenol and ketone plant has increased, and Shanghai Xisa Chemical Industry 400,000 tons/year plant resumed production at the beginning of the month. The total port stock is 354 million tons, which is relatively high. The downstream domestic BPA is relatively stable, with the addition of new profitable Huayi devices; phenolic resin and other downstream multi-order purchases increase the search, but relatively resist the high price of hoarding less.

3. Future Market Forecast

On the other hand, the import cost is relatively high, the intention of low-price delivery is not strong, and traders are reluctant to sell. On the negative side, the port’s inventory is relatively high, and the downstream factories are stable as a whole, the demand has not increased significantly, and the factories are relatively resistant to high prices. Business associations expect the domestic phenol Market to continue its high level this week. It is difficult to ascertain the upward space. They expect an offer of 8000-8150 yuan per ton in East China.