1、 Price trend

As of December 16, the average price of refrigerant R22 was 14333 yuan / ton, up 2.38% from the beginning of the week, up 1.18% month on month and 16.18% compared with the same period last year.

According to the monitoring of the bulk data of the business agency, as of December 16, the average price of refrigerant R134a was 16833.33 yuan / ton, up 5.21% compared with the beginning of the week, 10.99% higher than the beginning of the month, 9.89% month on month, and 27.54% lower than the same period last year.

2、 Market analysis

Since the opening of the rising market in November, R22′s rise has continued to this day. In December, favorable support did not decrease, quota shortage and raw materials rose, R22 market was stronger, temporarily bid farewell to the decline. The price of raw material trichloromethane has risen sharply in recent years, with an increase of more than 70% in November. The price of hydrofluoric acid has also risen, with strong cost support. R22 holders offer firm offers, but their enthusiasm for hoarding is not high, and some enterprises receive orders. At present, the demand side is weak, and the international situation is still uncertain. There is no centralized increase in exports in the same period of previous years. The domestic demand is sluggish in the off-season. Near the end of the year, the demand for air conditioning and after-sales market is general, and the demand for just in demand procurement is mainly, and the trading atmosphere is poor. At present, the quoted prices of R22 market are mostly in the range of 14000-17000 yuan / ton, and the closing and stopping quotation are too much, and the market transaction price is on the low side.

In December, R134a’s market has risen sharply, with an increase of more than 10%. Enterprises have increased by 500-2000 yuan / ton in the month. The price of raw material hydrofluoric acid is rising. It is reported that the price of trichloroethylene is rising rapidly with strong cost support. In addition, the shortage of supply of equipment maintenance by some manufacturers has boosted the price of refrigerant R134a continuously. The quotation of mainstream manufacturers has reached 18000 yuan / ton. Traders actively follow up, but the intention to prepare goods is weakened, the supply of goods in hand is not much, and the market atmosphere is not high. At present, the demand side is still not strong. It is difficult for R134a to have actual driving force in the upstream. The high price shipment is common, and the downstream order receiving intention is cautious. However, under the favorable support, the R134a market is still relatively strong. At present, the market quotation of refrigerant R134a is mostly in the range of 17000-18000 yuan / ton, and the price continues to rise. The actual transaction is mainly through negotiation.

On December 16, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 8000-9000 yuan / ton. The ex factory prices of domestic manufacturers increased slightly. The operating rate of domestic hydrofluoric acid manufacturers was general, and the supply of on-site goods was slightly tight. Affected by the stable price of fluorite, the demand of downstream refrigerant industry was general, and the on-site procurement was mainly based on demand. It is expected that the on-site price will increase slightly in the future.

As of December 15, the average price of chloroform in Shandong was around 3600 yuan / ton, up 4.35% compared with the beginning of the month and 46.94% higher than the same period of last month. At present, the overall supply of the industry is limited. With the decline of liquid chlorine price, enterprises in Shandong may recover, but the downstream market just needs to be flat. It is expected that the price of chloroform will be stable and firm in a short time. Pay attention to the changes of liquid chlorine price of raw materials.

3、 Future forecast

According to the refrigerant analysts of the business agency, at present, the raw materials are rising, the superimposed supply is tight, and the prices of refrigerants are expected to be more stable in the second half of the month, and R22 and R134a may operate stably, but it is not ruled out that the raw materials will go up, which may drive the prices of refrigerants to continue to rise. In the future market, it is necessary to pay attention to the cost guidance.

During the week (12.7-12.11), the price of nitrile rubber rose slightly. According to the monitoring of business agency, the price of nitrile rubber was 19466.676 yuan / ton at the beginning of the week, and 19566.67 yuan / ton at the weekend, with a slight increase of 0.51%.

The ex factory price of NBR in China is basically stable. According to the monitoring of business agency, as of December 11, the price of NBR in Lanzhou Petrochemical Company was stable: at present, the price of NBR in n41e was 17300 yuan / ton; in 3305e, it was 17900 yuan / ton; in 3308e, it was 18800 yuan / ton; in Ningbo shunze, the ex factory price of NBR was stable, at present, the NBR of 3355 factory was 18600 yuan / ton. The market price is stable. In the early stage, the market of NBR n41, 3305 and other brands in Lanhua had a lot of stock, and the market price had a slight correction; because the market supply of NBR brands such as Nandi 1052 and Lanhua 3308 continued to be tight, the market quotation was still relatively firm.

The price of raw materials decreased slightly, and the support of cost side weakened. According to the monitoring of the business agency, as of December 11, the butadiene price was 9490 yuan / ton, down 3.71% from 9856 yuan / ton at the beginning of the week; as of December 11, the ex factory price of acrylonitrile Shanghai Secco was 12500 yuan / ton, down 3.85% from 13000 yuan / ton at the beginning of the week. Raw material prices continue to moderate.

Finally, although the vaccine brings great hope, the number of confirmed cases and deaths in the world continues to increase, and the demand for medical nitrile latex gloves is still strong, resulting in the tight supply of nitrile rubber, which forms a strong support for the whole nitrile market.

Aftermarket forecast: NBR analysts of the business agency believe that the raw material price has a downward trend, but the downstream demand is still strong, and the price of NBR may be adjusted in a narrow range in the short term.

1、 Price trend

This week, the factory price of octanol in Shandong Province fell first and then rose. This week, the average price of mainstream factory offer of octanol in Shandong decreased by 0.33% to 9966.67 yuan / ton on December 8 from 10000.00 yuan / ton at the beginning of the week, and then rose to 9983.33 yuan / ton at the end of the week, an increase of 0.17%, and a year-on-year increase of 43.30% over the same period of last year. Overall, octanol market fell this week, with the octanol commodity index of 73.41 on December 11.

2、 Market analysis

From the manufacturer’s quotation, the main octanol manufacturers in Shandong Province have increased their ex factory quotation this week: Jianlan chemical’s offer of octanol is 10000 yuan / ton at the end of this week, which is temporarily stable compared with the beginning of the week; lihuayi’s offer of octanol at the end of this week is 9850 yuan / ton, which is 50 yuan / ton lower than that at the beginning of the week; Hualu Hengsheng’s offer of octanol this weekend is 10100 yuan / ton, which is temporarily stable compared with the beginning of the week.

From the upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol rose this week, with the quotation rising from 8095.45 yuan / ton at the beginning of the week to 8102.73 yuan / ton at the end of the week, with an increase of 0.09%, 20.25% compared with the same period last year. The high price consolidation of upstream raw material market, affected by supply and demand, has a positive impact on octanol price.

The downstream market of octanol, DOP factory price fell slightly this week. The DOP quotation fell from 9700.00 yuan / ton at the beginning of the week to 9666.67 yuan / ton at the end of the week, a decrease of 0.34%, and a year-on-year increase of 31.22% over the same period last year. Downstream DOP prices fell, downstream customers are generally enthusiastic about octanol procurement, octanol demand is general, and future market operators are more likely to wait for DOP trend.

3、 Future forecast

In the middle of December, the market trend of octanol in Shandong Province fluctuated slightly. Upstream propylene market high consolidation, strong raw material support, although the downstream DOP market in a small decline, but the downstream purchasing enthusiasm is good, octanol supply is normal. Octanol analysts from the business agency believe that: in mid December, under the influence of supply and demand and raw materials, the octanol market in Shandong may fluctuate slightly.

1、 Price trend

According to the monitoring of commodity data, the price of isopropanol rose first and then fell this week, and the overall price was slightly improved. The average price of isopropanol in China was 9500 yuan / ton at the end of last week, and 9533.33 yuan / ton this weekend. The price of isopropanol increased by 0.35% during the week.

2、 Market analysis

Chart: comparison of acetone and isopropanol price trend from August to November

The price of isopropanol rose first and then fell under the influence of acetone this week, and the overall price slightly increased. Internationally, isopropanol in the United States closed stable on December 8, while the isopropanol market in Europe closed stable. Up to now, the negotiation range of isopropanol in Shandong Province is about 9400-9700 yuan / ton, and that of Jiangsu Province is about 9600-9700 yuan / ton. Zhejiang isopropanol negotiation range is around 9600 yuan / ton. The quotation of isopropanol from propylene process is about 9700 yuan / ton.

In terms of raw material acetone, the acetone market rose first and then fell this week. According to the monitoring of bulk commodity data, the domestic acetone price was 8500 yuan / ton at the end of last week, and the average price was 8750 yuan / ton at the end of this week, and the price increased by 2.94% during the week. At present, the acetone market negotiation center of gravity rose after a correction, acetone port supply has been replenished, under the pressure of shippers, the offer decreased. At present, the discussion on acetone market in East China is relatively light. The acetone market is expected to be weak in the short term.

In terms of raw material propylene, propylene market also showed the situation of first rising and then falling this week, but the decline was limited. According to the monitoring of bulk commodity data, the domestic propylene price at the end of last week was 7843.73 yuan / ton, while the average price of this weekend was 8102.73 yuan / ton, and the price increased by 3.3% during the week. At present, propylene manufacturers have a small inventory, smooth shipment, crude oil price fluctuation, the downstream market generally, began to cool down, so it is expected that the propylene price may decline in the near future.

3、 Future forecast

Isopropanol analysts of chemical branch of business club think: raw materials acetone and propylene are bearish in the future, which is unfavorable to the cost support of isopropanol. International aspect isopropanol price closed stable, isopropanol export orders continued. At present, the domestic market demand is light, traders mainly wait and see. It is expected that the price of propanol will continue to fall in the short term, and the follow-up attention will be paid to the changes in the news.

According to the price monitoring data of business agency, as of December 10, the reference average price of domestic n-propanol including packaging in mainstream areas was 11800 yuan / ton, which was increased by 466 yuan / ton, or 4.12%, compared with the average price of 11333 yuan / ton on December 1.

In the first ten days of December, the domestic n-propanol market rose twice, up 4.12%

Since the beginning of December, the overall market of n-propanol in China has been on the rise, mainly due to two reasons. In terms of raw materials, the ethylene external market continues to be at a high level, which supports the cost of n-propanol. In terms of supply, the overall inventory of n-propanol factory is low, and the spot is not much. The factory supplies more cooperative contract users. The factory spot is tight, and the on-site spot stock is basically in the secondary market. Therefore, on December 2, some n-propanol holders in Shandong Province began to increase the ex factory quotation of n-propanol by 300-500 yuan / T, and then the overall high level of the market remained stable. Entering this week, on December 8, the suppliers of n-propanol in Jinan, Shandong province raised the ex factory price of n-propanol again by 200-300 yuan / T, and the market of n-propanol in Nanjing was stable.

At present, in Shandong Province, the reference ex factory price of n-propanol bulk water is 10800-11000 yuan / ton, including package, the factory price reference is 11600-12000 yuan / ton. The ex factory price of n-propanol bulk water of Shandong fengcang Chemical Co., Ltd. is 10900 yuan / T. Nanjing: the ex factory price of n-propanol (bulk water) is around 10500-10800 yuan tons. Domestic Nanjing Rongxin Chemical Co., Ltd. (Nanjing Wujiang Chemical Co., Ltd.), n-propanol production unit started normal, normal shipment, n-propanol bulk water ex factory quotation of 10500 yuan / T, the price is temporarily stable. As of December 10, the reference average price of domestic n-propanol including packaging in mainstream areas was 11800 yuan / ton, which was increased by 466 yuan / ton or 4.12% compared with the average price of 11333 yuan / ton on December 1.

In terms of raw materials, since December, the external market of ethylene has been in a dominant position as a whole. In the past two days, the market has declined slightly, but the overall level is still high. According to the monitoring data of the business agency, the external price of ethylene has fallen in recent days. On December 7, the price was 942.50 US dollars / ton. On the 8th, the average price of ethylene was 941.50 US dollars / ton, down 0.11%. The current price is up 31.49% month on month, and the current price is 17.98% higher than last year. In the near future, the overall market of ethylene in the external market shows a downward trend. On December 9, the price of ethylene market in Europe was 927-942 US dollars / ton in FD northwest Europe and 934-946 dollars / ton in CIF northwest Europe, down by 1 dollar / ton. On December 9, in Asian ethylene market, CFR Northeast Asia quoted 965-975 dollars / ton, down 5 dollars / ton, and CFR Southeast Asia quoted 895-905 dollars / ton, down 5 dollars / ton. In recent years, the Asian ethylene price mainly fluctuates slightly. On December 9, in the US ethylene market, FD US Gulf quoted 683-694 US dollars / ton, up 33 US dollars / ton. Recently, the US ethylene market has risen and the demand is fair.

In terms of crude oil, on December 9, the U.S. WTI crude oil futures market prices fell slightly, with the settlement price of main contracts at $45.52/barrel, down $0.08. Brent crude oil futures market prices rose slightly, with the settlement price of main contracts at $48.86/barrel, up $0.02. Affected by the price of upstream crude oil, ethylene market may fall mainly in the later period.

Demand may increase n-propanol short-term multi high firm operation

Near the end of the year, before the new year’s Day holiday, downstream stocks have been opened one after another, and the demand for n-propanol market may increase. Therefore, the n-propanol datagrapher of the business club believes that in the short term, the n-propanol market will mainly run at a high level.