According to the monitoring data of the business agency, as of August 31, the average ex factory price of domestic n-butanol was 5716.67 yuan / ton. Compared with August 15, the average price of domestic n-butanol decreased by 33 yuan / ton, or 0.58%; compared with August 1, the average price of domestic n-butanol increased by 200 yuan / ton, or 3.64%. From August 1 to August 31, the maximum amplitude was 4.24%.

In the first ten days of September, n-butanol kept rising

Since the beginning of September, the domestic n-butanol market has been steadily rising. The high price of propylene is supporting the high cost of propylene. Starting from January 1, the downstream replenishment of n-butanol was positive, the market turnover improved significantly, and the transaction focus continued to move up. At present, as of the 8th, the market price of n-butanol continues to rise, the market price is concentrated in the high-end, downstream butyl ester users maintain just in need replenishment, spot procurement is more cautious than at the beginning of the month, the core demand performance is stable, and the primary market shipment is relatively smooth. At present, the cost of n-butanol is under great pressure, and most of the factories offer high prices. At present, Shandong lihuayi n-butanol factory quotation reference 5900 yuan / ton, 300 yuan / ton higher than September 1; Luxi Chemical n-butanol factory quotation reference 5800 yuan / ton, up 200 yuan / ton compared with the beginning of September.

The market price of n-butanol in some parts of China is attached (data for reference only, unit: yuan / ton)

Product Name: up / down on 9 / 1 / 9 / 8

N-butanol in East China 5800 6000 + 200

South China 6100 6300 + 200

North China 5800 5900 + 100

Northeast China 5600 5750 + 150

On the upstream side, since September 1, the price of propylene has been rising all the way, and the upward range has become more and more large. Up to the 4th, the total price of propylene has risen by about 300 yuan / ton. At present, the transaction volume in the market is between 7180 yuan / ton and 7550 yuan / ton, and the mainstream price is about 7200 yuan / ton. As of the 8th, most of the current production enterprises have no pressure on inventory, and offer is mainly stable.

On crude oil, WTI closed for the U.S. Labor Day holiday on Monday (September 7), while Brent 11 contract fell $0.65/barrel at 42.01. China’s main SC crude oil futures fell 6.3 yuan / barrel to 278.6 yuan / barrel in 2010.

After the price reduction of operating rate eases the pressure of competition, the market is mainly stable

At present, the downstream demand of domestic n-butanol market is slightly weaker than that at the beginning of the month. However, it is heard that some units in Shandong will be shut down in the near future, and the short-term market competition may be reduced. Therefore, it is expected that the high-level and stable operation of n-butanol Market in recent days will be the main trend, and more attention should be paid to the supply and demand of raw materials.

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.