1、 Price trend

It can be seen from the above figure that the domestic market price of neopentyl glycol increased slightly this week. This week, the average price of neopentyl glycol in the mainstream domestic market rose from 9966.67 yuan / ton at the end of last week to 10433.33 yuan / ton at the end of this week, an increase of 4.68%. On September 12, the neopentyl glycol commodity index was 50.28, which was the same as yesterday, down 51.47% from the highest point 103.61 in the cycle (September 22, 2021), and up 7.92% from the lowest point 46.59 on August 20, 2022. (Note: Period refers to 2021-09-01 to now) (Note: Period refers to 2021-09-01 to now)

2、 Market analysis

This week, the price of neopentyl glycol mainstream manufacturers increased: the weekend sales price of Jinan aochen Wanhua neopentyl glycol was 11000 yuan / ton, which increased by 2000 yuan / ton compared with last weekend; The weekend sales price of zibode synthetic Feng neopentyl glycol was 10500 yuan / ton, an increase of 300 yuan / ton compared with last weekend. The selling price of Kemike Shandong Neopentyl Glycol at the weekend was 9800 yuan/ton, which was temporarily stable compared with last weekend.

From the upstream raw material market of neopentyl glycol, the domestic isobutyraldehyde market price rose slightly this week. This week, the average price of isobutyraldehyde in the mainstream domestic market rose from 7833.33 yuan / ton at the end of last week to 7966.67 yuan / ton at the end of this week, an increase of 1.70%. The upstream raw material market price rose slightly, with good cost support. Affected by the supply and demand side, it has a positive impact on the price of neopentyl glycol.

3、 Future forecast

The market trend of neopentyl glycol in mid September was mainly up due to slight shock. The upstream isobutyraldehyde market rose slightly, with good cost support. The downstream paint market was in general, and the downstream purchasing enthusiasm was weakened. Analysts of neopentyl glycol of business club believe that under the influence of supply and demand and raw materials, the market price of neopentyl glycol in the short term may rise slightly.

According to the monitoring data of business agency, on September 6, the domestic methanol at East China port was 2672 yuan / ton, an increase of 2.82% over the previous working day and 2.18% year-on-year. On September 6, methanol futures in Zhengzhou Commodity Exchange continued to rise. The main contract ma2301 closed at 2704 yuan / ton at the end of the trading day, up 83 yuan / ton or 3.84% compared with the closing of the previous trading day.

The rising international oil price and coal price support the cost of methanol. At the same time, the main production enterprises have more equipment overhauls and reduced the supply. Some areas are affected by the weather, which affects the transportation, and the supply is tight in the short term.

In the short term, the domestic methanol market is dominated by high volatility.

On September 5, the average price of TDI market in East China was 18275 yuan / ton, an increase of 0.41% over the previous working day, and the market was sorted up. Overseas equipment maintenance, tight supply, good for the export market, limited supply of domestic main factories, tight spot, reluctant to sell goods and rising prices, poor downstream acceptance of high prices, cautious wait-and-see attitude of the industry, and a small number of orders just need to be followed up. At present, the quotation range of dealers in East China is about 18000-18200 yuan / ton for domestic goods and 18300-18500 yuan / ton for Shanghai goods.

It is expected that the short-term TDI market will consolidate at a high level, with specific attention to market supply and downstream follow-up.

On September 2, the price of zinc fell sharply

According to the data monitoring of the business association, the zinc price fell sharply on September 2, and the zinc market fell. On September 2, the average market price of zinc ingots in East China was 24372 yuan / ton, down 3.06% from 25142 yuan / ton on the previous trading day, up 7.75% year-on-year.

Key points of analysis

The US and the European Central Bank are about to raise interest rates, the price of zinc in London has plummeted, Europe is considering decoupling natural gas from the electricity market, and energy prices have fallen recently. It is expected that the start of zinc smelting in Europe will pick up, the speculation in the zinc market will cool down, and the supply of zinc is expected to pick up. In the domestic market, the temperature has dropped and the precipitation has increased. Sichuan Province and Chongqing have resumed normal industrial and commercial power consumption. Zinc smelters affected by power shortage have resumed operation one after another, and the support of zinc price rise has weakened.

Future forecast

European energy prices have fallen, zinc market supply is expected to recover, domestic industry and Commerce have resumed power supply, supply and demand of zinc industry chain have recovered balance, domestic macro-economy is weak, and zinc market demand is still weak. It is expected that zinc prices will fall from a high level in the future.

It can be seen from the trend chart that the market price trend of p-xylene is declining. The domestic price of p-xylene is 8800 yuan / ton. Recently, the domestic supply of p-xylene is normal, the domestic PX operating rate is more than 70%, the domestic supply of p-xylene is general, and the operation of overseas units is normal. The domestic price trend of p-xylene is declining. The international oil price trend has declined recently, but the external price of PX has dropped slightly. On the 31st, the closing price in Asia was US $1037-1039 / T FOB Korea and US $1055-1057 / T CFR China. Recently, the operating rate of PX units in Asia is normal. On the whole, the operating rate of paraxylene units in Asia is about 60%, and the supply of PX goods in Asia is normal. Chen Ling, PX analyst of business society, believes that the current short-term crude oil price is slightly lower, The downstream PTA and textile industry started to rise, and the market price trend of paraxylene in the later period was temporarily stable.