Price Trend

According to the data of business associations, the domestic adipic acid market has not changed much this week compared with last week. In some areas, the price of adipic acid has fallen slightly. The quotation of dealers is on the low side, with the overall decline of 0.21%. By the end of the weekend, the quotation is generally between 7900 and 8200 yuan/ton.

II. Analytical Review

This week, adipic acid market performance is weak, the market is weak, the market atmosphere is slightly cold, distributors actively shipped mainly, adipic acid market compared to last week’s price has 50 yuan/ton decline, the market maintained a weak volatile pattern, at present, the downstream market buying and not buying and falling mentality intensified, trading slightly stalemate, business space to concede profits. Social inventories are still under pressure, with shipments slightly lower than last week.

On the supply side, the supply pressure is still not small. Many distributors say that the inventory pressure is high, the start-up rate of the plant is high, and the inventory of the manufacturer also shows some pressure. This week, the distributors take goods one after another. At present, the market is still mainly de-stocked. Therefore, the low-price supply is flooding the market, and the overall supply pressure of the market is high, which leads to the strong willingness of the distributors to reduce prices to inventory, so the transaction is concluded There is room for concession. Market price quotation and actual transaction still have price difference. The quotations of distributors in North China, East China and South China have been adjusted to varying degrees. Most of the districts remain weak.

In terms of demand, the downstream demand lacks substantial improvement, the downstream start-up rate is still slightly insufficient. The start-up rate is about 50%. The upstream adipic acid does not form a strong boost. The market is still in the depot cycle. In addition, the cost side also makes adipic acid show some pressure. The upstream pure benzene price continues to hover at a low level, and the downstream adipic acid yields profits due to the low cost side. It is possible. According to the monitoring of business associations, the reference price of East China market is about 7900-8200 yuan/ton, and the price of South China is generally between 8000-8300 yuan/ton.

3. Future Market Forecast

The analysts of adipic acid in the chemical branch of business association believe that the current market is weakening, the supply of adipic acid is excessive, the market inventory is gradually high, and the later stage of the market may fall into a weak stage. Therefore, the Business Association believes that adipic acid market is difficult to improve greatly in the short term, and the market may remain weak in the near future.

Price Trend

According to the monitoring data of business associations, this week the silicone market is still in a low-price stable state, and it is still off-season for more than half of June. At present, the lowest quotation of DMC market is around 15,600 yuan/ton, and the quotation of traders is around 17,000 yuan/ton.

II. Market Analysis

Products: This week, domestic silicone continues to be in a weak downward trend. After a sharp decline in the market, demand has not improved significantly. The profits of upstream enterprises of silicone have been greatly reduced. The overall start-up rate of manufacturers has declined. This week, some manufacturers closed the market without reporting. Parking overhaul of some monomer devices has been prolonged. The Trading atmosphere in the market remains cautious. A small number of traders have slightly lowered D. MC product quotation.

Industry Chain: The price of upstream product metal silicon has been slightly lowered in many areas this week, the product start-up rate is not high, the market supply of low-price goods has increased slightly, and it is expected that the recent price shocks will be mainly weak.

3. Future Market Forecast

Business analysts believe that: for the current form of silicone DMC, ultimately depends on the market demand for products, determine the follow-up trend of products.

On June 18, the hydrofluoric acid commodity index was 107.89, up 0.09 points from yesterday, down 23.17% from the peak of 140.43 points in the cycle (2018-02-21), and up 101.32% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic market price of hydrofluoric acid rose on the 19th. Up to now, the domestic market price of hydrofluoric acid is 1,1940 yuan/ton, and the domestic start-up rate of hydrofluoric acid is less than 60%. Enterprises reflect that the supply of hydrofluoric acid on the spot is tight at present. Recently, the market situation of hydrofluoric acid has improved. Due to the higher raw material fluorite, some hydrofluoric acid manufacturers have raised the ex-factory price, and the market price trend of hydrofluoric acid is on the rise. Rise. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 11500-12000 yuan/ton, while the price of hydrofluoric acid in the northern market is 11500-12500 yuan/ton. Domestic hydrofluoric acid market prices increased, spot supply decreased slightly, but demand did not change very much, the price trend of hydrofluoric acid Market rose.

Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price shocks. Recent downstream refrigerant market transactions have improved, R22 refrigerant plant surface started at 60%, R22 market device start-up rate is temporarily stable, the main production enterprise bulk water factory offer price is between 18,000-19,000 yuan/ton, but the production enterprise does not have bulk water spot, mainly a small number of cylinders shipment. In addition, the actual demand side of the market has not changed much, and the delivery market has increased. The domestic market price trend of R134a is not good, the start-up rate of production enterprises remains low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price has not changed much. Businessmen purchase on demand. Recently, due to the shortage of supply, the price trend of hydrofluoric acid market has risen.

Refrigerant on-site transactions are general, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is normal, but the spot supply of hydrofluoric acid is tight, Business Analyst Chen Ling believes that the hydrofluoric acid market may continue to rise.

Price Trend

According to the monitoring data of business associations, as of June 18, the average price of domestic ethanol market was 5370 yuan/ton, and the domestic ethanol market was stable.

II. Market Analysis

Products: The domestic alcohol market is stable. In Northeast China, there are few large orders, high-end prices are under pressure, and many low-end prices are traded; Henan is under the influence of inventory pressure, and the market price is weak to sort out; the alcohol market in North Jiangsu is stable in East China, and Dongcheng has ignited this week, with light downstream demand; the quotation of enterprises in South China and Guangxi is stable, and the market turnover is concentrated in the middle and low-end, while in Guangdong. Enterprise quotation is high, import supply is near the end, downstream demand is flat.

Industry chain: Maize: The general trend of maize market is still bullish in the near future. The probability of short-term surge is still lack of foundation. Sustained slow rise is still the mainstream performance of the market, and the probability of callback in the near future is low. Maize prices are expected to remain strong for most of June. Ethyl acetate: The domestic market of ethyl acetate is weak, and the supply of goods in North China is accumulating constantly, and traders and terminals are buying actively in the early stage, leading to the recent market transaction is not smooth, part of the transaction negotiations are dominant, and the market is gradually stable and weakening; East China market is abundant in supply, experiencing a continuous increase in the early stage, traders and terminal factories have no intention to buy high-price ethyl acetate, and the holders have no intention to buy high-price ethyl acetate. Under the pressure of shipment, the transaction price is gradually lowered; after the previous period of continuous rise in South China, the terminal and traders have no purchase intention for high-price ethyl acetate, and the transaction price is gradually lowered when the shipment of the holder is not smooth.

3. Future Market Forecast

In the latter part of the market, it is expected that the market will continue to weaken, mainly due to the downstream demand into the off-season, the demand for liquor and chemical industry is light. At present, the inventory of enterprises is high, and there is a possibility of a downward trend in the short term under the subsequent inventory pressure. In the following July, enterprises in Northeast China have maintenance plans. Ethanol analysts at business associations expect liquor companies to have a relatively strong downward mentality, or other regions may follow the adjustment.

Price data:

According to the monitoring data of business associations’list, the domestic bromine market continued to decline this week, and the industry started to work normally as a whole. At the beginning of the week, the average bromine price was around 34571 yuan/ton. At the end of the week, it fell to about 3450 yuan/ton. Within the week, it fell by 0.21%, up by 24.93% compared with the same period last year.

II. Cause Analysis

Products: This week, the domestic bromine market as a whole started at a high level, with sufficient spot supply, smooth shipment of enterprises, purchase and demand in the downstream market as the main, the industry as a whole gradually presents a situation of oversupply. For some start-up enterprises, such as Dongyue Fine Chemical Company, Shandong Haihua Company, Shandong Haiwang Chemical Company, Tianjin Changlu Haijing Company, etc. At present, the mainstream quotation of enterprises is around 3450 yuan/ton, and the actual transaction price is based on enterprise negotiation.

Industry Chain: This week, the upstream industry of bromine has risen and fallen differently: the sulfur market rose 1.7% in the week, and the current quotation is about 996 yuan/ton; the caustic soda market rose 0.71% in the week, and the current quotation is about 712 yuan/ton; the soda market dropped 1.26% in the week, and the current quotation is about 1826 yuan/ton; the sulfuric acid price dropped 1.2% in the week, and the current quotation is about 205 yuan/ton. At present, the downstream flame retardant industry of bromine is just in need, and the price support for bromine is still acceptable, while the pharmaceutical and agricultural intermediates industries are just in need.

3. Future Market Forecast

Bromine industry analysts believe that bromine market enterprises in China are generally normal production, smooth shipment, abundant spot supply, more downstream users just need, bromine prices are still at a high level, supply over demand situation is gradually emerging, bromine prices are expected to decline weakly in the near future.