1、 Price trend

According to the monitoring of bulk data of business agency, the mainstream domestic styrene price fell first and then rose this week, but it still fell by 8.93% compared with last Friday. On Monday (December 14), the price of sample enterprises of business agency was 7366.67 yuan / ton, while on Friday (December 18), the price of sample enterprises was 6916.67 yuan / ton, a decrease of 6.11%. The price fell by 7.37% compared with the same period last year.

2、 Market analysis

The market price of styrene fell first and then rose this week. On December 14, East China styrene closed at around 7300-7400 yuan / ton, and on December 18, 6800-7000 yuan / ton, down by 500 yuan / ton. The above is Zhangjiagang export price. On December 14, South China styrene closed at 8100 yuan / ton, and on December 18, 7600 yuan / ton, down 500 yuan / ton, and the prices of the above factories were delivered. Generally speaking, styrene showed a situation of first falling and then rising this week.

In terms of raw materials, crude oil fluctuated in a narrow range during the week, and the overall price rose. In terms of pure benzene, the price of pure benzene showed a downward trend, following the trend of styrene. As of Friday (December 18), the mainstream quotation of pure benzene was 4486.00 yuan / ton, down 20 yuan / ton or 0.44% from 4506.00 yuan / ton on Monday (December 14).

In terms of ethylene, the international oil price rose, ethylene cost was strongly supported, and the price rose steadily. As of Friday (December 18), the mainstream ethylene price was 981.25 yuan / ton, up 20.5 yuan / ton or 2.13% from 960.75 yuan / ton on Monday (December 14).

In terms of inventory, the total inventory in East China continued to decline sharply this week, with total inventory of 41200 tons in East China this week, down 40.08% from 69600 tons last week. The closure of the Yangtze River has delayed the arrival of styrene cargo. In terms of domestic styrene, the styrene operating rate decreased slightly this week, with an average operating rate of 78.2% last week and a decrease of 0.18% to 78.02% this week. The overall social inventory remains low, and market supply is expected to continue to decline.

Downstream, the overall price of styrene in the lower reaches of this week, but still maintain considerable production and marketing profits. In the PS market, as of Friday (December 18), the mainstream ex factory price of PS in East China was 9500.00 yuan / ton, down 633.33 yuan / ton or 6.25% from 10133.33 yuan / ton on Monday (December 14). Affected by the continuous weakening of styrene price, the bearish mentality of PS market appears, the atmosphere of market price reduction and shipment is strong, and the actual transaction is weak.

As of Friday (December 18), the mainstream EPS ex factory quotation in East China was 8950.00 yuan / ton, down 750 yuan / ton or 7.733% from 9700.00 yuan / ton on Monday (December 14). The continuous fall of styrene price led to the downward trend of EPS market price. In addition, due to the influence of limited power supply, environmental protection and orders in some downstream areas of EPS, the overall operation was insufficient, the demand for EPS was weak, the market supply circulation was slow, the market bearish mentality was obvious, the market transaction was mainly small orders, and the overall trading performance of the market was poor.

In the ABS market, as of Friday (December 18), the mainstream ex factory quotation of ABS Zhejiang was 16750.00 yuan / ton, down 150 yuan / ton or 0.89% from 16900.00 yuan / ton on Monday (December 14). On the one hand, the domestic ABS market this week was driven by the fall of styrene price, which resulted in insufficient cost support. On the other hand, affected by containers, some home appliances exports were affected, which led to the increase of ABS inventory. Some ABS petrochemical plants had accumulated stocks, leading to the reduction of ex factory prices.

3、 Future prospects

The strong crude oil finishing has a support for the cost side of styrene. The delay of shipping schedule leads to the continuous de stocking of the wharf to the historical low level. The situation of styrene supply side is generally acceptable, but the downstream demand is weak. The mainstream downstream is mainly supported by rigid demand, and the gas purchase is insufficient. If the terminal unsealing is delayed, styrene will be strongly supported in the short term, so it is necessary to pay attention to the arrival of imported vessels. It is expected that the styrene market will change greatly next week, with a wide range of 7300-7800 yuan / ton.

This week, the price of titanium concentrate in Panxi area is stable, and some prices are slightly loose. Downstream buyers are under great pressure and mainly wait-and-see, and the actual transaction situation is general. Up to now, the price of 46,10 titanium ore is 1890-2100 yuan / ton for small and medium-sized manufacturers, 2050 yuan / ton for 47,20 ore and 1320-1350 yuan / ton for 38,42 ore without tax. Business Club titanium concentrate analysts believe: downstream cost pressure, procurement is more cautious, titanium concentrate shipping pressure. In the short term, the price of titanium concentrate is stable. It is a single opinion.

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.