After the festival (10.8-10.15), the market price of nitrile rubber increased slightly. According to the monitoring of business society, as of October 15, the price of nitrile rubber was 24900 yuan / ton, a slight increase of 2.89% compared with 24200 yuan / ton before the festival.

The ex factory price of domestic nitrile rubber was partially adjusted. According to the monitoring of business society, as of October 15, Lanzhou Petrochemical nitrile n41e reported 21400 yuan / ton, 3305e reported 22300 yuan / ton and 3308 reported 23400 yuan / ton; Ningbo shunze 65000 T / a unit operates normally. The ex factory price of nitrile 3355 / 3365 is 22500 yuan / ton, and the ex factory price of 3380 is 23200 yuan / ton. Some manufacturers control issuing orders, and the market supply is tight. The downstream rubber products industry mainly started stably, and the price of nitrile rubber was strong.

After the festival, the raw material butadiene continued to decline, the price of acrylonitrile increased slightly, and the cost was different. According to the monitoring of business society, as of October 15, the price of butadiene was 6425 yuan / ton, down 8.32% from 7008 yuan / ton before the festival. As of October 15, the domestic market price of acrylonitrile was around 15766 yuan / ton.

Future forecast: nitrile analysts of business society believe that tight market supply and stable downstream construction have become important factors to support nitrile rubber. It is expected that the high level of nitrile rubber market will be strong in the short term.

Trade name: sulfur

Latest price (October 14): 2036.67 yuan / ton

Key points of analysis: according to the price monitoring of business society, the price trend of sulfur in East China was temporarily stable on the 14th, and the quotation of refineries in various regions was stable according to their own shipment. The mainstream price of solid sulfur in East China of Sinopec was 1900-1990 yuan / ton; Sinopec’s mainstream price of solid sulfur in North China is 1890-1950 yuan / ton; The mainstream price of sulfur and solid sulfur in Sinopec Shandong is 2080 yuan / ton. The inventory of refineries in various regions of China remains low, the manufacturer’s quotation is strong, the downstream traders purchase on demand, the enterprise shipment is stable, the low price in the field is difficult to find, and the operator’s mentality is mainly wait-and-see.

Future forecast: at present, the domestic sulfur market is strong at a high level. From the perspective of shipment, the refinery is mainly stable temporarily, the downstream phosphate fertilizer market is weak and stable, and the delivery of export orders is mainly weak. It is expected that the future sulfur market will be stable temporarily, and the specific attention will be paid to the market transaction.

According to the price monitoring of the business agency, the domestic PTA spot market continued to fall slightly today (October 13). The average market price was 5367 yuan / ton, down 1.57% from the previous day, with a year-on-year increase of 59.74%. In the futures market, the main force 2201 closed at 5392, down 110, or 2%. In terms of devices, Sichuan energy invested 1 million tons of PTA device, which was discharged on October 12. In the process of increasing the load, the current operating rate of PTA industry is more than 62%, and the spot supply has increased.

In the raw material market, at present, the U.S. crude oil inventory is low and the crude oil price fluctuates at a high level, which still has a certain support for PTA. On the demand side, the overall market atmosphere was general. The downstream polyester industry started 77.34%, slightly lower than the previous trading day, and the factory’s enthusiasm for PTA spot procurement decreased. In terms of price, there is a strong wait-and-see mood in the polyester Market in Jiangsu and Zhejiang today. Most mainstream polyester factories in Jiangsu and Zhejiang have temporarily stabilized their quotation, and some have increased by 50-100 yuan / ton.

Business analysts believe that next, during the restart of some large PTA devices, the superposition of downstream demand follow-up is limited, or the action force on price is limited. However, the upstream cost support is OK, and the falling space is also limited. It is expected that the short-term PTA will remain high and volatile.

According to the monitoring data of business agency, on October 12, the price of MTBE in Shandong was 6690 yuan / ton, an increase of 2.14% over the previous working day and 84.13% year-on-year. MTBE market is supported by raw material cost, and the price continues to rise. Crude oil continued to rise, giving favorable support to the market. Coupled with the high prices of various raw materials, MTBE market continued to rise, with an increase of about 50-150 yuan / ton.

During the National Day holiday, the global energy crisis continued to ferment, the international crude oil price rose, and the chemical industry sector operated strongly as a whole, driving the polyester industry chain. At the same time, affected by the dual control of energy consumption in Jiangsu and Zhejiang, the operating load of polyester weaving further fell to less than 80%, and the supply of goods was tight, mainly consumption inventory. The prices of polyester filament products rose sharply, ranging from 7-10% higher than before the national day, and the cash flow recovered to a certain extent.

Rise and fall of average market price of polyester filament, unit: yuan / ton

product 2021-10-1 2021-10-11 Rise and fall Year on year rise and fall

Polyester DTY (150D / 48F low elasticity) nine thousand two hundred and forty-one ten thousand two hundred and forty-seven 10.88% 53.20%

Polyester POY (150D / 48F) seven thousand six hundred and sixty-one eight thousand four hundred and twenty-two 9.93% 60.85%

Polyester FDY (150D / 96F) eight thousand one hundred and eleven eight thousand six hundred and ninety-eight 7.24% 55.42%

On the raw material side, crude oil rose sharply. On October 8, the settlement price of the main contract of WTI crude oil futures in the United States was US $79.35/barrel, up US $1.05 or 1.3%, and the settlement price of Brent crude oil futures was US $82.39/barrel, up US $0.44 or 0.5%. As winter approaches, fuel demand increases, superimposed supply tightening is difficult to ease, and oil prices are still strong and volatile. In PTA market, as of October 11, the average price of domestic PTA spot market was 5543 yuan / ton, up 9.35% from October 7 and 66.73% year-on-year. With the continuous maintenance of the plant, the industrial commencement dropped to around 60%, and the output at the supply end was compressed.

During the National Day holiday, some textile factories in Jiangsu and Zhejiang that were shut down due to power restriction in the early stage resumed operation one after another, and the comprehensive startup rate of Jiangsu and Zhejiang looms was raised to around 54%. Due to the continuous rise of raw materials for many consecutive days, the rise of shipping prices and labor costs are also rising. The superposition of “power limitation and shutdown” makes many textile bosses downstream miserable. Weaving factories gradually accepted the fact that the upstream price rose and raised the finished product price one after another. On October 9, the chamber of Commerce for home textiles of shading cloth around Taihu Lake (including 100 shading cloth enterprises) issued a notice of price increase:

How long will this wave of price rise last? Business analysts believe that the current high prices of natural gas and coal, strong market expectations for heating demand in winter, boost the rise of crude oil prices, and the cost side price will still be strong. Boosted by raw materials, downstream weaving enterprises are also singing loudly, so that they have to transfer costs downward. At present, under the background of dual control of energy consumption, the production restriction of the industrial chain will become a fact. It is expected that the price of polyester filament will maintain an upward trend in the short term.