The domestic butadiene market continued to rise. According to the price monitored by the business agency, the domestic butadiene market price was 5387 yuan / ton at the beginning of the week, and 5625 yuan / ton at the weekend, with an increase of 4.41% during the week. The price was 26.37% higher than that of the same period last month and 46.09% lower than that of the same period last year.

This week, the domestic butadiene market recovered its upward trend. The favorable external market continued to rise, bringing a significant boost to the domestic market; the supply of domestic production enterprises was tight, and the quotation of Sinopec continued to rise, while the ex factory quotation of other manufacturers increased. Moreover, the export volume of northern manufacturers was limited, and the market low-cost supply was hard to find. The price of synthetic rubber increased in the middle and later period of the week, and the merchants had certain psychological expectation that the butadiene supply price of Sinopec would continue to rise. Although the transaction was followed up slowly, the market quotation was still high.

In terms of enterprises, Sinopec increased the price of butadiene in East China by 300 yuan / ton, and implemented 5700 yuan / ton from September 1. Dalian Hengli butadiene plant is in stable operation. As of September 3, the listing price was 5310 yuan / ton, up 250 yuan / ton month on month. North China brocade still has no supply online auction, and a small amount of goods were sold offline on August 31. The 70000 T / a oxidative dehydrogenation unit in Jiutai, Inner Mongolia, was restarted on September 1, and the quoted price was 5600 yuan / T as of September 3.

Industrial chain: styrene butadiene rubber: this week, the market of styrene butadiene rubber rose slightly. As of September 4, the reference price of styrene butadiene rubber was 8558.33 yuan / ton, which was 3.84% higher than that on September 1 (8241.67 yuan / ton). According to the monitoring of the business agency, the current butadiene price is around 5612 yuan / ton, and the styrene price is around 5350 yuan / ton. The cost supports the styrene butadiene rubber. In the future, the cost side will drive the bullish atmosphere, and the styrene butadiene rubber market is expected to rise slightly in the short term.

Br: this week, the ex factory price of gaoshun cis-1,4-polybutadiene rubber, a major domestic sales company, rose by 300 yuan / ton twice. On the one hand, the price of raw material butadiene went up, which led to the rising atmosphere of downstream synthetic rubber. According to the monitoring of the business agency, the current butadiene price is around 5612 yuan / ton; on the other hand, due to the tight supply of cis-1,4-butadiene units of Haopu and Taijiao Yubu, the price of cis-1,4-polybutadiene rubber has been increased. In the future, the price of raw material butadiene is high, coupled with tight supply, it is expected that the cis-1,4-butadiene rubber market will continue to rise in the future.

At present, the positive side, the external market performance is strong, the supplier spot export is limited, synthetic rubber market is higher. On the negative side, the high price transaction was not good; some units were restarted, and the domestic total output increased. Business Club butadiene analysts expect that early next week, the supply price and market performance will be mainly high volatility.

According to the monitoring of business agency, the domestic market price of phthalic anhydride continued to rise this week. As of the 4th day, the quoted price of phthalic anhydride was 5162.5 yuan / ton, which was 3.51% higher than 4987.5 yuan / ton at the beginning of the week, with a year-on-year decrease of 18.49%. The market price of phthalic anhydride continued to rise due to normal supply and demand.

This week, the domestic market price of phthalic anhydride continued to rise, the situation of phthalic anhydride market was general, the recent downstream demand was general, the price of phthalic anhydride remained stable, the plasticizer market rose slightly, and the trend of phthalic anhydride price rose. Domestic phthalic anhydride manufacturers started to decline. The operating rate of phthalic anhydride was about 60%. The domestic spot supply of phthalic anhydride decreased slightly. The downstream plasticizer industry mainly purchased on demand. The on-the-spot trading rose. The market price of phthalic anhydride in East China rose slightly, and the high-end transactions were limited. In East China, the main source negotiation of neighboring France was 5100-5300 yuan / ton, and that of naphthalene process was 4900-5000 yuan / ton; the mainstream quotation of phthalic anhydride market in North China was 5100-5200 yuan / ton, and the market outlook of phthalic anhydride was still in the market, the market price of phthalic anhydride continued to rise.

This week, the domestic o-benzene price remained at a low level, and the floor price remained at 4400 yuan / T. the low domestic o-benzene price was a negative influence on the phthalic anhydride market. In addition, the import o-benzene market in the port area fluctuated, and the external price of o-benzene was mainly stable. The actual transaction price was subject to negotiation. The actual list was discussed in detail. In addition, the on-site o-benzene merchants had a strong wait-and-see mood, the low price of o-benzene fluctuated, and the raw material of o-benzene was o-benzene The low price is unfavorable to the domestic market price of phthalic anhydride, and the market price of phthalic anhydride rises slightly.

This week, the price trend of DOP market in the downstream of phthalic anhydride rose. According to the monitoring of business agency, the domestic DOP price was 7000 yuan / ton as of 4 days, up 0.48% compared with 6966.67 yuan / ton at the beginning of the week. The price of isooctanol in the field fluctuated at a low level. The DOP unit operated stably, the spot supply was normal, and the DOP market price increased slightly. The market of plasticizer industry is getting better. DOP market quotation is 6900-7200 yuan / ton. The transaction volume of plasticizer in the market has increased, and the downstream market has improved. Supported by the favorable conditions, the domestic market price of phthalic anhydride continues to rise.

Generally speaking, the crude oil price is mainly volatile in recent years, and the domestic o-benzene price is stable, but the domestic plasticizer industry market has improved, and the phthalic anhydride market price has continued to rise slightly.

In the future, the domestic o-benzene price trend is mainly volatile, but the plasticizer trading market is better, the plasticizer price is slightly higher, and the future DOP price trend has an upward trend. It is expected that the phthalic anhydride market price will rise slightly next week.

In August, the domestic cyclohexanone market was narrowed down. According to the monitoring data of business agency, at the beginning of the month, the average price of domestic cyclohexanone producers was 5633 yuan / ton, and at the end of the month, the average price of domestic cyclohexanone producers was 5616 yuan / ton, a decrease of 0.30% within the month. The price fell by 30.94% compared with the same period last year.

In August, the domestic cyclohexanone market generally rose first and then fell, with little price fluctuation. The price trend of this month is mainly affected by the supply and demand side. When the downstream caprolactam market goes down, the purchase quantity of cyclohexanone decreases, and the market price of cyclohexanone drops. With the improvement of caprolactam market, the purchase of cyclohexanone increased, and the market price of cyclohexanone went up.

In terms of raw materials, pure benzene: according to the data from the bulk list of business associations, the listed price of pure benzene on August 1 was 3230-3400 yuan / ton (with an average price of 3370 yuan / ton), and the listing price on August 31 was 3020-3450 yuan / ton (with an average price of 3390 yuan / ton). The average price was 20 yuan / ton higher than that on August 1, with an increase of 0.59% this month. During the month, Shandong pure benzene market rose and then fell, and the low price rebounded at the end of the month.

Caprolactam: according to the data of the business club, the reference price of caprolactam on August 31 was 9450.00 yuan / ton, which was 1.22% lower than that on August 1 (9566.67 yuan / ton). In August 2020, caprolactam market was depressed first and then increased, and the price at the end of the month was basically the same as that at the end of July.

Adipic acid: according to the monitoring data of business agency, the reference price of adipic acid was 6560.00 yuan / ton on August 31, which was 0.91% lower than that on August 1 (6620.00 yuan / ton). In August, affected by the weak spot trend of raw material pure benzene and the weak downstream demand, the domestic adipic acid market rose first and then fell, falling overall.

According to the price monitoring of the business agency, in August 2020, there were 42 kinds of commodities in the chemical industry sector, among which 16 kinds of commodities increased by more than 5%, accounting for 17.8% of the total number of commodities monitored in this plate; the top three commodities that increased were polysilicon (53.96%), TDI (30.15%) and DMF (28.48%). A total of 34 kinds of commodities decreased on a month on month basis, with 8 kinds of commodities falling by more than 5%, accounting for 8.9% of the total number of commodities monitored in this sector; the top three products of decline were hydrochloric acid (- 16.08%), isopropanol (- 15.12%) and acetic acid (- 10.13%). This month, the average rise and fall was 2.51%.

In September, the market as a whole may be slightly optimistic. The downstream demand side is mainly optimistic. The chemical fiber market will replenish on demand. According to the forecast of cyclohexanone analysts from the business community, the domestic market of cyclohexanone will be mainly sorted out in the short term.

1、 Price trend

According to the large data list of business associations, the average price of domestic phosphoric acid on August 28 was 4816.67 yuan / ton, which was flat compared with the beginning of the week (24th), and flat on a month on month basis, down 9.97% from the beginning of the year and 4.93% compared with the same period last year.

2、 Market analysis

Phosphoric acid market is running smoothly this week. At present, the price of raw material yellow phosphorus is stable, the downstream demand has not been greatly improved, and the overall market atmosphere is still weak. Both the buyer and the seller are in a wait-and-see state. The enthusiasm for inquiry is not high. The merchants follow the market’s offer, the actual transaction is insufficient, and the downstream sporadic replenishment is lacking. The market lacks favorable signals, the cost side and the demand side are deadlocked, and the upstream demand side lacks the driving force. The phosphoric acid market is difficult to change in the short term The probability continues to be stable.

According to the monitoring of the business agency, as of August 28, the average market price of 85% industrial purified water phosphoric acid was about 4800 yuan / ton, the price in Sichuan was 4450-5200 yuan / ton, the transaction was stable, the quotation in Guangxi was about 4670 yuan / ton, the fluctuation was not much; the quotation in Yunnan was about 4500 yuan / ton, the price was stable; in Beijing, the price was about 4700 yuan / ton, the price was temporarily stable; in Hubei, it was 4800 yuan/ The price of Tianjin is about 5500 yuan / ton, which is stable for the time being; the price of Jiangsu is about 4700 yuan / ton. Local prices remain stable and wait-and-see, and some enterprises fluctuate slightly.

Enterprise specifications up and down from August 28 to August 24

Xingfa group: 85% 4800 yuan / ton 4800 yuan / ton

Content: 85% 5500 yuan / ton 5500 yuan / ton

Hangxing Hongda content: 85% 4700 yuan / ton 4700 yuan / ton

Sichuan KANGLONG content: 85% 4550 yuan / ton 4550 yuan / ton 0

Wengfudazhou content: 85% 5200 yuan / ton 5200 yuan / ton

Anda chemical content: 85% 4500 yuan / ton 4450 yuan / ton

South Yunnan industry and trade content: 85% 4500 yuan / ton 4500 yuan / ton 0

Content: 85% 4600 yuan / ton 4700 yuan / ton – 100 yuan

Upstream phosphate ore, domestic phosphate ore market weak consolidation operation this week, the market price has no big fluctuation, the field trading is cold, the downstream demand is flat, the mining enterprises are mainly stable and wait-and-see.at present, the domestic phosphate ore market is in the off-season, the overall weak consolidation operation, and most of the domestic areas gradually carry out environmental inspection, market trading atmosphere Therefore, it is expected that the short-term phosphorus ore market production and marketing changes will be limited, and the price will remain stable or will decline slightly.

Yellow phosphorus, yellow phosphorus market price this week is mainly stable, prices around the region remain firm, downstream take goods more cautious, market transaction situation is general. Up to now, the market quotation in Yunnan is about 15000-15500 yuan / ton. The mainstream quotation in Guizhou is about 15000-15100 yuan / ton. The price of yellow phosphorus in Sichuan is about 15000-15500 yuan / ton. At present, the situation of yellow phosphorus driving around the country is general, and the manufacturers mainly issue the early orders, and the yellow phosphorus enterprises mainly support the price operation. It is expected that the price of yellow phosphorus will be stable in the short term.

3、 Future forecast

The phosphoric acid analysts of the chemical branch of the business society believe that the overall market atmosphere is still weak, both the buyer and the seller are in a wait-and-see state, the market lacks favorable signals, the cost side and the demand side are in a stalemate, and the upward lack of driving force. In the short term, the phosphoric acid market will continue to operate stably with zero star fluctuations.

1、 Price trend

In August 2020, there was a round of increase in coke market. The mainstream price of Shanxi market was 1660 yuan / ton at the beginning of the month and 1710 yuan / ton at the end of the month, with an increase of 50 yuan / ton, or 3.01% monthly.

On August 30, the coke commodity index was 89.76, flat with yesterday, down 33.53% from 135.04 (September 13, 2018), and 159.05% higher than the lowest point of 34.65 on March 3, 2016. (Note: period refers to 2011-09-01 to now).

Summary of domestic coke market price (unit: yuan / ton)

Prices of regional specifications on August 31 were up and down compared with the same period of last month

Grade II metallurgical coke 1930 + 50 in Shanghai

Quasi first grade metallurgical coke 1990 + 50

Grade II metallurgical coke 1900 + 50 in Xuzhou

Quasi first grade metallurgical coke 1960 + 50

Secondary metallurgical coke 1840 + 50 in Weifang Area

Quasi first grade metallurgical coke 1900 + 50

Grade II metallurgical coke 1740 + 50 in Taiyuan Area

Quasi first grade metallurgical coke 1790 + 50

Secondary metallurgical coke 1700 + 50 in Jinzhong Area

Quasi first grade metallurgical coke 1760 + 50

Secondary metallurgical coke 1830 + 50 in Tangshan area

Quasi first grade metallurgical coke 1880 + 50

Grade 2 metallurgical coke 17100 in Shenyang

Quasi first grade metallurgical coke 17700

On August 18, Rizhao Iron and steel Holding Group Co., Ltd. raised the purchase price of coke by 50 yuan / ton on August 18. The specific situation after adjustment is as follows: 1. Quasi first grade (wet quenching) metallurgical coke: ash content ≤ 13, sulfur content ≤ 0.75, CSR ≥ 58, CRI ≤ 30, total water ≤ 7. After the increase, 1840 yuan / ton within the province and 1850 yuan / ton outside the province will be implemented; 2. Quasi first grade (dry quenching) metallurgy Gold coke: ash content ≤ 13, sulfur content ≤ 0.7, CSR ≥ 58, total water ≤ 7, the implementation of 1910 yuan / ton, regardless of inside and outside the province; the above are factory acceptance price including tax, implemented from 0:00 on August 19. Domestic main coke market followed up. This month, the start-up of iron and steel is still at a high level, and the demand for coke is good. The coke inventory of steel mills is maintained in the middle, and the procurement is mainly based on demand. Now, the mainstream quasi first grade wet quenching coke in Shanxi Province is reported to be about 1700-1800 yuan / ton. In most cases, the price of the downstream part is mainly stable. In terms of start-up, blast furnace operating rate is higher, coke inventory is acceptable.

Summary of domestic port coke market price (unit: yuan / ton)

Port varieties

August 1st, August 31st

Rizhao trade quasi primary trade secondary trade quasi primary trade secondary trade

1950 1850 2000 1900

Tianjin Trade quasi first class trade first class trade first grade trade first grade trade first grade

1950 2050 2000 2100

According to customs statistics, in July 2020, China exported 410000 tons of coke and semi coke, an increase of seven times over the same period of last year, with a month on month increase of 86.1%. From January to July, the total export volume was 2.15 million tons, a year-on-year decrease of 50.4%, and the accumulated export amount was 474.861 million US dollars, with a year-on-year decrease of 62.2%. As can be seen from the figure below, coke imports increased significantly in July. This month, the port price is in line with the spot market, with a monthly increase of 50 yuan / ton. As of the 31st, Rizhao Port and Qingdao port coke have been running steadily. Port concentration has improved and the market trading atmosphere is general. The ex warehouse price including tax is 1920 yuan / ton of quasi first grade coke and 2020 yuan / ton of first grade coke; 1900 yuan / ton of second grade coke, 2000 yuan / ton of quasi first grade coke and 2100 yuan / ton of first grade coke.

In the future market, the business agency believes that there are coking enterprises in Shanxi and Hebei regions intending to increase 50 yuan / ton in the second round on May 31. At present, no feedback has been received from steel mills. The inventory of downstream steel mills is in the middle. Most of the steel mills purchase on demand this month. With limited profits, they are more sensitive to high price coke price. It is expected that the future market of coke market will be stable temporarily.