According to the data monitoring of business news agency, as of June 8, the average ex factory price of domestic butanone market was 8000 yuan / ton. Compared with the price on June 1, the average price decreased by 800 yuan / ton, or 9.09%. Compared with the price on May 1, the average price decreased by 933 yuan / ton, or 10.45%.

In May, the domestic butanone market rose sharply and then gradually fell back.

Supply and demand imbalance butanone market fell more than 9% on the 8th

In June, the domestic butanone market continued the cold atmosphere at the end of May, and the overall market was weak. Since July 7, the factory price of butanone in Shandong Province has been sharply reduced by about 1000 yuan / ton, and the low-end quotation of butanone in Shandong Province has dropped to 7600 yuan / ton. The sharp decline of the market has affected the mentality of the industry, and the wait-and-see mood of the downstream industry has increased. It only maintains the purchase of just needed products, with less trading volume and increased supply sources in the market. Subsequently, on the 8th, the butanone market in Jiangsu was also weak, with a downward range of 200-500 yuan / ton. At present, the overall performance of butanone market is imbalance between supply and demand. Operators are cautious and wait-and-see. As of June 8, the reference price of domestic butanone was around 7600-8300 yuan / ton, and the average price was 8000 yuan / ton. Compared with the price on June 1, the average price was reduced by 800 yuan / ton, down 9.09%.

According to the business news agency, the following is the reference price of butanone in some parts of China in June

product region June 1st June 8th Up and down

Butanone East China 8700 yuan / ton 7500 yuan / ton – one thousand and two hundred

Butanone south China 8900 yuan / ton 8300 yuan / ton – six hundred

Butanone Shandong 8800 yuan / ton 7600 yuan / ton – one thousand and two hundred

Upstream, the LPG market fluctuated frequently in May. In June, the domestic LPG market in Shandong rose first and then fell, with a slight decline as a whole. On June 3 and 4, Shandong’s market prices rose slightly and then stabilized. 7. On August 8, the market price went down. At present, as of June 8, the civil LPG market in North China is weak and consolidation, with local downward trend and general transaction atmosphere; In Japan, the LPG civil market in Shandong Province was down steadily, and the market transaction atmosphere was mild. At present, the overall inventory of manufacturers is at a controllable level, and there is no obvious pressure on manufacturers. According to the monitoring data of the business community, the reference price of LPG on June 8 was 4126.67 yuan / ton, down 0.40% compared with that on June 1 (4143.33 yuan / ton).

Butanone is still likely to fall in the future

From the current point of view, the increase of butanone market supply has not been effectively alleviated in the short term, mainstream factories have started one after another, the overall operating rate is on the high side, the game between the increase of supply and insufficient demand is still continuing, and butanone industry’s worry is also increasing. Therefore, business community butanone analysts believe that in the short term, the domestic butanone market will continue to be weak operation, do not rule out some areas continue to fall slightly.

According to the data monitored by the business agency, at the beginning of the week, the price of domestic first-class industrial potassium nitrate was 4540.00 yuan / ton, and at the end of the week, the price of domestic first-class industrial potassium nitrate was 4560.00 yuan / ton, up 0.44%. The current price was up 4.23% month on month, and the current price was up 6.98% year on year.

This week, the domestic potassium nitrate market rose, the market supply is tight, most traders are reluctant to sell, control the source of goods. The potassium nitrate trading market is in a state of supply less than demand, and the potassium nitrate market continues to rise. According to the statistics of the business society, this week’s quotation of domestic potassium nitrate mainstream manufacturers is 4200-4800 yuan / ton (quotation is for reference only), and the quotation is different according to different procurement situations.

Recently, the quotation of potassium chloride mainstream manufacturers is at a high level: on June 4, the potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operated normally. The ex factory quotation is about 2400 yuan / ton, the quotation is temporarily stable, and the actual transaction price is mainly through negotiation. On June 4, Anhui Badou Chemical Co., Ltd. quoted about 2650 yuan / ton for potassium chloride distribution, which was temporarily stable. The actual transaction price was mainly through negotiation. Recently, the potassium chloride market was consolidated at a high level, the port inventory was limited, the traders were reluctant to sell, and the price remained high.

In recent years, the domestic potassium chloride market is in a state of being reluctant to sell, the market supply is tight, the center of gravity continues to move up, and the cost support is good. It is expected that the potassium nitrate Market will rise mainly in the short term, and the long-term market still needs to wait and see（ The above prices are provided by the main manufacturers of potassium nitrate all over the country and sorted out and analyzed by the potassium carbonate analysts of the business society. They are for reference only. For more price details, please contact the relevant manufacturers for consultation).

According to the monitoring data of business agency, the hydrogen peroxide ended the big increase in the middle of May, and the market was stable. At the end of the month, the high platform diving mode was opened, and the market fell continuously until the beginning of June. As of June 4, the average price of hydrogen peroxide market was 1006 yuan / ton, and the price fell 9.04%.

According to the weekly increase and fall chart of hydrogen peroxide in business agencies from March 8 to May 24, 2021, it can be seen that after the Spring Festival, the hydrogen peroxide market has weakened, with a decline of more than 3.6%. Hydrogen peroxide showed a big rise in early March, up more than 5%, after the big rise began to dive, continue the weak market. In April, in the middle of the month, hydrogen peroxide rose again, up more than 5 percent, and it was still a decline after the big rise. After May 1, hydrogen peroxide was in weak operation, and the rising mode was opened in the middle month, rising to May 22, up more than 10%. At the end of the month, hydrogen peroxide Market opened diving, falling continuously, falling more than 7%. In early June, hydrogen peroxide remained down, down more than 10 per cent from mid May.

On June 4, some domestic hydrogen peroxide manufacturers quoted the following:

The price of hydrogen peroxide in Luxi Chemical Industry is 860 yuan / ton, which is down 170 yuan / ton compared with that in mid May; The price of hydrogen peroxide for Zhengyuan fertilizer in Hebei Province is 960 yuan / ton, down 40 yuan / ton from the middle of May; The price of hydrogen peroxide in Quansheng chemical industry in Anhui Province is 1180 yuan / ton, which is down 20 yuan / ton compared with the beginning of the month.

The consumption of oxygen drops continuously in the coming off-season

In early May, due to the increase of terminal paper procurement, the manufacturer stopped and repaired, and the supply was tight, and the price continued to rise, up more than 10%. Since the middle of the year, the rally stabilized, and by the end of the month, due to the decline of terminal demand, hydrogen peroxide opened the high platform diving mode, and the price continued to decline, down nearly 7%.

By June, the weak market of hydrogen peroxide did not end, because of the sharp decline in paper purchasing volume, off-season consumption and the leading factor of the negative, the price of hydrogen peroxide remained down. The factory price of hydrogen peroxide in Luxi Chemical industry has fallen to 800 yuan. Zhengyuan fertilizer also fell to the front line of 900 yuan. The price of Quansheng in Anhui Province is relatively strong.

On June 4, the commodity price index of hydrogen peroxide and caprolactam was 107.65, which was flat with yesterday, down 50.87% from 219.12 (2020-10-27) of the highest point in the cycle, and 19.81% higher than the lowest point of 89.85 on January 29, 2019（ Note: cycle refers to January 1, 2019 to present)

The price of caprolactam at the end of May was driven by the rise of pure benzene market, and the price of the first ten days of May continued to rise. Near the end of May, the pure benzene Market depressed, and the price of caprolactam continued to decline, and remained down in early June, falling by more than 1.4%. Caprolactam market fell, enthusiasm for purchasing hydrogen peroxide decreased, and hydrogen peroxide market was weak.

On June 4, the price index of hydrogen peroxide and corrugated paper commodity was 139.62, which was flat with yesterday, down 43.24% from 246.00 (October 21, 2019), and 29.83% higher than the lowest point 107.54 on January 29, 2019（ Note: cycle refers to January 1, 2017 to present)

In May, the paper market showed strong performance, and the purchase of hydrogen peroxide increased, stimulating the rise of hydrogen peroxide Market. By June, restricted by environmental protection policies, the amount of oxygen purchased by paper factories declined, and the hydrogen peroxide market was weak.

Li Bing, an analyst with hydrogen peroxide at the business agency, said: in June, hydrogen peroxide entered the off-season of consumption, the terminal demand was poor, and the market continued to decline, and it was still difficult to have room for rise in the future.

The international oil price has broken through the 70 mark. Although the cost support is obvious, it is expected to stop the downward trend, and the asphalt market is mainly stable. According to the monitoring data of business news agency, as of June 2, the average spot price of domestic asphalt was 3280 yuan / ton, with a month on month increase of 5.47% and a year-on-year increase of 44.18%.

At present, the asphalt market is still in a high shock situation, the demand is not smooth, the construction is limited due to the weather in the south, and the asphalt price has a downward trend. The international crude oil fluctuates at a high level, which obviously supports the refinery cost, and the overall low price delivery intention is not strong. Some refineries in Shandong and North China have released short-term and long-term contracts, but the terminal demand is weak. Some traders are cautious and wait-and-see. The market offers have increased, and some expired contracts are more active in shipping.

As of June 2, the factory quotation summary of main asphalt manufacturers in Shandong Province:

The international crude oil fluctuated at a high level, and some of the offer enthusiasm increased. The actual rigid demand was general, and some of them were mainly for the demand of goods preparation. The asphalt analysts of the business community predicted that the asphalt spot market would be mainly for short-term consolidation.

According to the data monitoring of the business society, the market of ammonium chloride in May was strong at a high level, with the price around 735 yuan / ton at the beginning of the month and 747 yuan / ton at the end of the month, an overall increase of 1.70%.

In May, the overall operating rate of ammonium chloride enterprises was around 75%, the supply of ammonium chloride was stable, some manufacturers had sufficient orders, and there was no pressure for manufacturers to ship; In May, the overall operating rate of downstream compound fertilizer was around 40-50%, which had a certain support for ammonium chloride. According to the business news agency, as of May 31, 2021, the price of superior ammonium chloride products for commercial and agricultural use in Huaian Bolian has been stable, and now the price of dry ammonium chloride is 770 yuan / ton; The price of wet ammonium is 690 yuan / ton; The delivery price of dry ammonium chloride for agricultural use in Jinshan, Henan Province is 690 yuan / ton, and that of wet ammonium chloride is 610 yuan / ton.

The sharp rise of raw material liquid ammonia, coupled with the impact of the urea market in late May due to the printing news, the price rose again, which formed a strong support for ammonium chloride. According to the monitoring of the business agency, as of May 31, the domestic price of liquid ammonia was 4173 yuan / ton, up 7.28% from 3890 yuan / ton at the beginning of the month; As of May 31, the domestic urea price was 2386 yuan / ton, up 9.98% compared with 2170 yuan / ton at the beginning of the month.

Future forecast: ammonium chloride analysts of business society believe that the cost support of ammonium chloride is strong at present. Although the start-up of United caustic soda is not low, there is still some rigid support for downstream demand. It is expected that ammonium chloride will remain strong in the short term.