1、 Price trend

According to the monitoring data of the business association, the price of caustic soda is mainly stable. The average price of the market from the beginning of this week to Shandong is about 457.5 yuan / ton, which is 6.15% lower than that of the same period last year. The commodity index of caustic soda on May 13 was 65.83, unchanged from yesterday, down 68.18% from 206.87 (2017-11-14), the highest point in the cycle, and up 1.11% from 65.11, the lowest point on October 9, 2020（ Note: period refers to the period from September 1, 2011 to now

2、 Market analysis

Caustic soda fluctuates in a narrow range, and the market operation is dominant. The price of caustic soda in Shandong Province is weak, and the mainstream ex factory price of 32% caustic soda is 400-490 yuan / ton. The company’s shipment is tepid, the downstream receiving situation is light and stable, and the wait-and-see atmosphere is strong. It is expected that caustic soda will continue to operate with small fluctuation in the future. In Hebei area, the market of caustic soda fluctuates mainly in a narrow range. At present, the mainstream ex factory price of 32% caustic soda is 460-590 yuan / ton. The company’s shipment is general, and the downstream receiving situation is light and stable, with a strong wait-and-see atmosphere. It is expected that caustic soda will continue to operate with small fluctuation in the future.

Upstream: domestic liquid chlorine market is in consolidation operation. During the week, the shipment of liquid chlorine was not good, and traders and downstream companies had strong intention to lower the price, so the price continued to fall. Downstream: from the downstream of caustic soda to the end of demand, aluminum, paper and other industries adhere to the demand-based procurement, a strong wait-and-see attitude. The price of caustic soda lacks strong support, and the price of caustic soda is weak.

According to the price monitoring of the business community, in the 18th week (5.3-5.7) of 2021, there were 3 kinds of commodities rising, 0 kinds of commodities falling, and 2 kinds of commodities falling to 0. The main commodities that rose were PVC (2.09%), calcium carbide (1.47%) and light soda ash (0.57%); The average rise and fall this week was 0.83%.

Business analysts believe that in the near future, the caustic soda enterprises have sufficient inventory, the shipment is tepid, the downstream receiving situation is weak and stable, and the wait-and-see atmosphere is strong. It is expected that caustic soda will continue to be consolidated and operated in the future, depending on the downstream market demand.

1、 Price trend

Isopropanol prices fell this week, according to commodity data monitoring. The average price of isopropanol in China was 9266.67 yuan / ton last Thursday and 8866.67 yuan / ton this Thursday. The price fell by 4.32% in the week.

2、 Market analysis

Figure: price trend comparison of acetone and isopropanol from March to May

Isopropanol prices fell earlier this week. Internationally, isopropanol in the United States closed lower on May 11, while isopropanol in Europe closed lower. Up to now, the negotiation range of isopropanol in Shandong Province is about 8500-9000 yuan / ton, and that of isopropanol in Jiangsu Province is about 8700-8800 yuan / ton. Zhejiang isopropanol negotiation range is around 8700 yuan / ton. Raw material acetone fell, the operating rate of East China acetone isopropanol plant increased, the tense situation of spot supply was eased, coupled with the obvious wait-and-see mood in the downstream, the general situation of on-site inquiry, the on-site trading atmosphere of isopropanol was not good, and the price was obviously reduced.

In terms of raw material acetone, the domestic acetone market fell significantly this week. The average price of domestic acetone was 8225 yuan / ton last Thursday and 7600 yuan / ton this Thursday. The price fell by 7.6% during the week. After the festival, the Hong Kong stock increased significantly, the factory orders decreased slightly, the downstream terminal factory replenishment enthusiasm was not high, the on-site order inquiry situation was general, the on-site trading atmosphere was poor, the on-site actual orders continued to decline, and the low price offer continued.

In terms of raw material propylene, the overall price of propylene market increased slightly this week, but the overall rate was not large. The average price of domestic propylene was 8268.45 yuan / ton last Thursday, and 8378.45 yuan / ton this Thursday. The price rose by 1.33% in the week. At present, the propylene market has no pressure on inventory, some units are still under maintenance, and the supply is slightly tight. Some enterprises suspended the quotation, and the price rose slightly.

3、 Future forecast

Isopropanol analyst of chemical branch of business society thinks: at present, foreign export orders are general. Domestic raw material acetone fell, the operation rate of acetone isopropanol plant in East China increased, and the shortage of spot supply was eased. In addition, the lower reaches were more wait-and-see, and the buying was cautious. Isopropanol is expected to continue to decline slightly in the short term.

According to the data of the large list of business agencies, as of May 12, the average price of domestic industrial lithium hydroxide enterprises was 86333.33 yuan / ton, up 7.02% compared with the price on May 6, 14.10% higher than April 12, and 51.46% higher than the same period last year.

In April, the domestic industrial lithium hydroxide market rose and stabilized, and entered may. After the festival, the lithium hydroxide market rose steadily. The upstream spodumene was tight price, and the downstream demand was better. The price of the stockholders was firm, and the market price decreased significantly. According to the data monitoring of business agency, the price of lithium hydroxide in some enterprises in recent years is summarized: the external quotation of industrial lithium hydroxide of Shanghai Yulun industrial grade is 92000 yuan / ton; The external quotation of industrial lithium hydroxide of Zigong tongfarong industrial grade is 85000 yuan / ton; Shanghai Eugene industrial lithium hydroxide offers 82000 yuan / ton, battery grade lithium hydroxide is 85000 yuan / ton, and the spot price of the merchant is on the market with the actual transaction price mainly negotiated.

Lithium hydroxide production data: in April 2021, the output of lithium hydroxide, the main manufacturer of the country, was 14100 tons, up 10.16% on a month basis, up 88% year on year.

According to the data of business society, the average price of industrial lithium carbonate in East China was 87000 yuan / ton by May 11, which was 0.46% higher than that of the average price of 86600 yuan / ton in industrial carbon East China on May 1. On May 11, the average price of battery grade lithium carbonate in East China was 90600 yuan / ton, which was 0.67% higher than that of the average price in East China of May 1, 90000 yuan / ton.

Analysts of lithium hydroxide of business agency believe that the current cost end and demand side boost the market. It is expected that the domestic industrial lithium hydroxide Market will be strong in the short term, and more attention should be paid to the market information guidance for specific trends.

The domestic market of cyclohexanone has risen sharply in recent years, boosted by the positive increase in cost. Sinopec’s Benzene listing continued to rise 300 to 7700 yuan / ton, and the spot price of pure benzene continued to rise, and the price of cyclohexanone enterprises followed the increase. According to the monitoring data of business society, the average price of domestic cyclohexanone market as of May 10 was 11060 yuan / ton, with the price rising 10.82% on a year-on-year basis, and 94.72% year on year.

Summary of domestic cyclohexanone market as of May 10:

region ., Price

East China 11100-11300 yuan / ton cash delivery

South China 11300 yuan / ton cash delivered

Shandong Province 10900-11000 yuan / ton cash withdrawal or short delivery

In terms of raw materials, the main factors that drive the price rise are that pure benzene is out of stock at home and abroad, the market transaction is good, leading to a sharp upward price; The market of caprolactam rose, the profit of caprolactam continued to compress, and the price of manufacturers was up-regulated under the pressure of cost.

The price of pure benzene continues to rise, with strong cost support, but the downstream link is slow to follow the rising pace. The analysts of cyclohexanone of business society expect that the domestic cyclohexanone market will be sorted out at a high level in the short term.

1、 Price trend:

According to the data of business club’s block list, the domestic PA6 market in April was generally volatile, and the spot price rebounded after falling. As of May 1, the mainstream offer price of sample enterprises for CNMC 2.75-2.85 was about 14833.33 yuan / ton, a decrease of 1.11% compared with the average price at the beginning of the month, and a rise of 43.09% compared with the same period last year.

2、 The influencing factors were analyzed

In terms of upstream caprolactam, it generally took on the market of tight supply of petrochemical industry chain in March, and the domestic spot price of caprolactam continued to callback at the beginning of April. The pressure of continuous abundant supply on the market supply side was not eased until the maintenance load of enterprises decreased in the middle of the month. The follow-up of downstream demand is general, and the profits of the industry are affected. Raw material pure benzene continued to rise, coupled with the pre holiday replenishment boom, caprolactam cost pressure follow-up rise.

The price of raw material caprolactam began to rise, the cost support of PA6 increased, and continued to fall in the first half of April and began to rebound. At that time, the decline of PA6 had lasted for more than a month. During the period, the supply was strong, the demand was weak, and the market transaction power was insufficient. Traders and factories began to accumulate inventory, and the high inventory and the drop of spot reduced the profit of polymerization plant. After the end of the festival, the recent profits of domestic PA6 polymerization plants are still negative, and some enterprises are passively reducing the negative. By the end of this month, the domestic PA6 operation rate had dropped to about 72%. The downstream purchasing situation is still dominated by rigid demand, and the industry mainly digests the existing inventory, so it is difficult to say a good market atmosphere.

3、 Future forecast:

Business analysts believe that: April PA6 upstream caprolactam consolidation shock rise, PA6 cost support is acceptable. The purchase intention of PA6 downstream factories is not strong, and the end users mainly operate cautiously, and the demand continues to be weak. However, the recent rise of pure benzene in the industrial chain has boosted caprolactam and PA6. In addition, caprolactam production lines are still overhauled one after another. Generally speaking, the fundamentals of PA6 are long and short, and the price of PA6 is expected to fluctuate.