Price Trend

According to the price monitoring of business associations, the domestic R22 ex-factory price runs smoothly this week. The average ex-factory price of mainstream manufacturers is 18,000 yuan/ton, down 2.7% from the same period last year.

II. Market Analysis

Products: According to the data of business associations, R22 refrigerant price is running at a low level. As of July 19, Zhejiang Juhua Co., Ltd. has a price of 18,000 yuan/ton, Quzhou Jiuzhou Chemical Co., Ltd. has a price of 17,000 yuan/ton, Shandong Yue’an New Materials Co., Ltd. has a price of 19,000 yuan/ton, and Zhejiang Lengwang Science and Technology Co., Ltd. has a price of 18,000 yuan/ton. The price of Hunan Longxun Trading Co., Ltd. is 16500 yuan per ton.

Market analysis: This week, the domestic R22 refrigerant market has a poor trading environment and low prices. At present, the price quoted by manufacturers mostly concentrates on 16500-19000 yuan/ton. Refrigerant R22 peak season is coming to an end, traders are cautious, wait-and-see mentality is strong, and the mode of on-demand delivery is still continuing; together with stable start-up of production enterprises, and inventory pressure of shipments, the refrigerant market is further cooled. According to the price monitoring of business associations, the anhydrous hydrofluoric acid market of upstream products continues to rise. At present, the price is 12080 yuan/ton. The upstream raw materials have strong support for R22 market.

3. Future Market Forecast

Business Cooperative Refrigerant Analysts believe that the traditional peak season of R22 is near the end, the peak season is weak, the market supply exceeds demand situation continues, and R22 prices are expected to decline steadily.

Price Trend

According to the monitoring data of business associations, the market of n-propanol has been running steadily in the near future with no obvious price fluctuation. As of July 18, the ex-factory quotation of the manufacturers of n-propanol in Jiangsu was 8400 yuan/ton (free water contains tax), and the mainstream quotation of domestic traders of n-propanol was around 1000-11500 yuan/ton (the price difference between different packaging specifications is large). The mainstream quotation for imported barreled n-propanol from Taiwan is around 1,1200-11,800 yuan/ton.

II. Market Analysis

Products: In the past two weeks, the overall trend of the n-propanol market has been stable, the price has not changed much, and the overall demand is normal. The price of n-propanol produced by Nanjing Rongxin Chemical Industry is 8400 yuan/ton (bulk water contains tax), the price of n-propanol from Zibo, Shandong Fengcang Chemical Distribution is 11000 yuan/ton (including tax barrel), and Yexing, Zhangjiagang. Taiwan’s imported n-propanol for chemical operations is quoted at 10,200 yuan/ton (including tax barrels). Taiwan’s imported n-propanol for Shanghai Lianyi Chemical Sales is quoted at 11,800 yuan/ton (including tax barrels). Taiwan’s imported n-propanol for Shanghai Yifeng Chemical Sales is quoted at 11,000 yuan/ton (including tax barrels).

Industry chain: Upstream product propylene oxide prices have risen in many enterprises, and the factory’s periodic shipment has improved.

3. Future Market Forecast

According to the business association’s forecast, the n-propanol market will remain stable in the short term.

On July 16, the fluorite commodity index was 110.53, unchanged from yesterday, down 13.30% from the peak of 127.49 points in the cycle (2019-01-03), and up 124.61% from the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic fluorite price trend is temporarily stable, up to 17 days the average domestic fluorite price is 3150 yuan/ton, the recent domestic fluorite plant start-up is normal, the mine and flotation plant start-up is normal, the supply of fluorite is slightly tight, the recent downstream hydrofluoric acid price rise, for the fluorite market on demand purchase, fluorite market price trend. Rise. Recent downstream installation start-up situation is general, fluorite spot supply is normal, terminal downstream pick-up situation improved, resulting in rising market price trend. As of the 17th, the price of 97 fluorite wet powder in Inner Mongolia was 2900-3100 yuan/ton, the mainstream of 97 fluorite wet powder negotiations in Fujian was 3000-3300 yuan/ton, the price of 97 fluorite wet powder in Henan was 2900-3200 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi was 3000-3300 yuan/ton. The price trend of fluorite remained high.

The price trend of hydrofluoric acid in the downstream of fluorite is temporarily stable. As of 17 days, the domestic market price of hydrofluoric acid is 12080 yuan/ton. The fluctuation of the market price of hydrofluoric acid has a positive impact on the upstream fluorite market. However, the recent start-up of hydrofluoric acid plant is general. The demand for fluorite has weakened and the price of fluorite has oscillated. Recent downstream refrigerant product installations started at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price trend is stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water out of the factory offer price is between 18,000-19,000 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery quotation is general. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. But the on-site transaction price does not change much. Businessmen buy on demand. Generally speaking, the downstream industry is in a general market. In addition, the fluorite market supply is normal. Fluorite prices are stable temporarily. Business analyst Chen Ling believes that the fluorite market price may remain volatile.

On July 15, the hydrofluoric acid commodity index was 109.62, unchanged from yesterday, down 21.94% from the peak of 140.43 points in the cycle (2018-02-21), and up 104.55% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic market price of hydrofluoric acid was temporarily stable on July 16. Up to now, the domestic market price of hydrofluoric acid was 12080 yuan/ton, and the domestic start-up rate of hydrofluoric acid was less than 60%. Enterprises reflected that the supply of hydrofluoric acid on the spot was tight at present. Recently, the situation of on-site goods had improved. Because of the high raw material fluorite, some hydrofluoric acid factories were on the market. The market price of hydrofluoric acid is going up by adjusting the ex-factory price. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 11500-12500 yuan/ton, while the price of hydrofluoric acid in the northern market is about 12000-12500 yuan/ton. Domestic hydrofluoric acid market prices increased, spot supply decreased slightly, but demand did not change very much, the price trend of hydrofluoric acid Market rose.

Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price shocks. Recent downstream refrigerant market transactions have improved, R22 refrigerant plant surface started at 60%, R22 market device start-up rate is temporarily stable, the main production enterprise bulk water factory offer price is between 18,000-19,000 yuan/ton, but the production enterprise does not have bulk water spot, mainly a small number of cylinders shipment. In addition, the actual demand side of the market has not changed much, and the delivery market has increased. The domestic market price trend of R134a is not good, the start-up rate of production enterprises remains low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price does not change much. Businessmen purchase on demand. Recently, due to the normal supply of goods, the price trend of hydrofluoric acid market is temporarily stable.

Refrigerant on-site transactions are general, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is normal, hydrofluoric acid spot supply is normal, Business Analyst Chen Ling believes that the hydrofluoric acid market may continue to oscillate.

Price Trend

According to the data of business associations, the market price of aniline in Nanjing this week rose 200 yuan/ton from last week, an increase of 3.25% compared with last week; the market price in Shandong increased 50 yuan/ton from last week, an increase of 0.87%. The mainstream price in Shandong is 5780 yuan/ton, while that in Nanjing is 6350 yuan/ton.

II. Analytical Review

Raw Material: Pure benzene continued to rise this week. Data released at the beginning of the month showed that only 20,000 tons of pure benzene were imported into Korea in June, with imports falling sharply compared with the previous five months. Pure benzene in Korea is arbitraged to the United States. Pure benzene in the United States continued to soar this week, stimulating sentiment in the domestic pure benzene market. This week, the price of pure benzene increased by 50-200 yuan/ton, and the price was 5,000-5,250 yuan/ton, an increase of 3.39% over last week.

Product: The raw material pure benzene market has strong sentiment, and the pressure of aniline cost surface continues to increase. However, downstream demand is weak, and aniline enterprises are generally shipped. Aniline enterprises reduce the burden and output, and inventory slowly declines.

Downstream: This week’s MDI fell first and then recovered slightly, down from last week’s overall decline, a decline of 0.6%. The downstream demand is weak and the market atmosphere is general, which restrains the price rise of aniline.

III. Future Market Expectations

At present, the reduction of pure benzene supply is the most important factor to support the price increase, and imported pure benzene prices continue to rise, stimulating the domestic market. However, downstream resistance to high-priced pure benzene is obvious, which may inhibit the increase of pure benzene.

At present, although aniline enterprises reduce their burden and output, they are always in the predicament of huge upstream cost pressure, weak downstream demand and cost inversion. So we should pay attention to downstream demand in the future.

It is expected that the trend of aniline next week is still related to the cost side and directly related to downstream demand.