At present, the latest quotation of ethylene oxide industrial chain: the ex factory price of ethylene oxide in East China, North China and Northeast China is 10000 yuan / ton, that in Central China is 10200 yuan / ton, and that in South China is 9900 yuan / ton.

The upstream support was loose. API reported an increase in crude oil inventories for the sixth consecutive week, resulting in a drop in oil prices on Wednesday; Ethylene remains stable at high level; In terms of coal, the determination of policy regulation remains unchanged, and the price of port and pit mouth continues to fall. Downstream, demand is poor, spot prices continue to decline, terminal enterprises wait and see, and the whole has shown signs of weakness. In the ethylene glycol vibration grinding bottom, the cogeneration unit is converted to ethylene oxide. In addition, the start-up and discharge date of silbon is approaching, and the situation of abundant supply side can be predicted.

Market news pointed out that ethylene oxide will be reduced by 400 yuan / ton tomorrow.

Trade name: TDI

Latest price (November 2): 15325.00 yuan / ton

Key points of analysis: the domestic TDI market is waiting and sorting, the downstream demand of the terminal is low, the purchase is on demand, and the market trading is general. In terms of supply, although the supplier’s devices operate stably, the on-site spot inventory is low, the offer of the goods holder is stable, the supply and demand are flat, and the market market market is sorted and operated. The quotation of TDI domestic goods in the distribution market is about 14800-15000 yuan / ton, and that of Shanghai goods is about 15300-15500 / ton. The actual transaction price is subject to negotiation.

Future forecast: from the perspective of supply and demand performance, the future TDI market is temporarily stable and wait-and-see operation, and the short-term market is in a stalemate. Pay attention to the market supply and downstream follow-up.

Acetic anhydride fell on November 1

According to the data monitoring of business society, the price of acetic anhydride fell sharply on November 1, and the market of acetic anhydride fell. On November 1, the price of acetic anhydride was 11975.00 yuan / ton, a sharp decrease of 600 yuan / ton or 4.20% compared with the price of the previous trading day. Affected by the decline of raw materials, acetic anhydride market fell sharply.

Acetic anhydride cost plummeted

According to the monitoring data of business society, the price of acetic acid fell slightly on November 1, but the price of acetic acid plunged by 24.5% in October, and the cost of acetic anhydride raw materials fell, dragging down the price of acetic anhydride.

According to the monitoring data of the business community, the price of methanol fell sharply on November 1, and the price of methanol on November 1 was 3156.67 yuan / ton, down 5.77% from the price of methanol on October 29 of the previous trading day; The cost of acetic anhydride decreased, the rise of acetic anhydride cost was not supported, and the downward pressure of acetic anhydride increased.

Market overview and future forecast

According to the acetic anhydride data analyst of business society, the price of acetic anhydride raw materials in November continued the trend in October, the price of acetic acid fell slightly, the price of methanol fell sharply, the price of acetic anhydride fell under great pressure in November, and the price of acetic anhydride is expected to fluctuate and fall in the future.

1、 Price trend

According to the bulk list data of business society, the average price of domestic liquid caprolactam was 16200 yuan / ton on October 25 and 16175 yuan / ton on October 29. Caprolactam prices fell 0.15% this week.

2、 Market analysis

The operating rate of domestic caprolactam enterprises this week was 66%. Caprolactam market moved downward this week due to the decline in raw material prices. As of October 29, Sinopec’s quotation for liquid caprolactam was 16450 yuan / ton. Fujian Tianchen has a production capacity of 350000 tons and a load of about 90%. The price of Baling Hengyi caprolactam liquid is 16450 yuan / ton, which will be accepted and withdrawn within six months. Baling Petrochemical’s caprolactam liquid price is 16450 yuan / ton, and the production capacity is 300000 tons. It will be accepted and withdrawn within six months. Shandong Luxi Chemical has no quotation for caprolactam, and the manufacturer’s production capacity is 300000 tons. Shandong Haili plant is in shutdown and will not be restarted temporarily.

The price of raw material pure benzene fell this week. On October 25, the reference price of pure benzene was 8320 yuan / ton. On October 29, the reference price of pure benzene was 7600 yuan / ton. Sinopec reduced the price of pure benzene twice, and the current price is 7600 yuan / ton. The news of Zhejiang Petrochemical phase II quota landed. The market expects that the supply of pure benzene of Zhejiang Petrochemical will increase, the market mentality is bad, and the focus of pure benzene will fall sharply. The shipment of Shandong local refining enterprises is general. In order to promote the shipment, the price will be reduced with the market.

3、 Future forecast

Caprolactam analysts of business society believe that the current raw material market is weak and the cost support is weak. Some enterprises plan to restart the caprolactam unit, and the supply will increase. The downstream demand for caprolactam is insufficient, and the operation is low. At present, the market is not good, and the price of caprolactam is expected to continue to fall in the short term.

On October 28, the cryolite commodity index was 85.02, the same as yesterday, down 16.00% from the highest point of 101.21 in the cycle (October 31, 2011), and up 28.14% from the lowest point of 66.35 on September 5, 2016. (Note: the period refers to the period from September 1, 2011 to now).

On October 28, the price trend of cryolite market in Henan was stable, and the average price of cryolite market was 7000 yuan / ton, flat compared with the previous working day. At present, the upstream raw materials are tight, the price market is strong, and the cost of cryolite is high. On the other hand, due to the impact of limited power production, the production capacity of cryolite enterprises is low. Manufacturers quote high prices according to their own shipments, and the market is strong. It is expected that the short-term cryolite market trend will be stable for the time being.