First, the price trend

According to the price monitoring of the business community, as of August 15, the average domestic methanol market price was 2,988 yuan / ton, the overall market conditions rebounded slightly, the price rose 27.81% over the same period last year.

Second, the market analysis

Products: The domestic methanol market has been boosted by the futures surge. The two ports in East China and South China have risen by 70-130 yuan/ton. Some of the low-end follow-ups are good, but with the partial shipments gradually In Hong Kong, the amount of concealed goods in the reservoir area has increased significantly, and it is necessary to pay close attention to the outflow of this part of the volume. The new price of the main methanol producing area in the Mainland is 2590-2620 yuan/ton, and some shipments are still acceptable. Under the market phase, the center of gravity of Lunan, Shanxi and Henan will be moved up cautiously, but the local downstream receiving is still positive.

Industry chain: Formaldehyde: Recently, the domestic formaldehyde market has a general trend. Due to the decline of raw materials, the local trading atmosphere is slightly more general. Acetic acid: The domestic glacial acetic acid market has risen steadily. Due to the recent company’s downside, short-term failure and planned maintenance news, the company’s spot continued to be tight, so some offers rose. Downstream buying is just needed, and the acceptance of acetic acid price increases is not good. Dimethyl ether: The terminal deducted the market and digested the inventory. Most of the companies’ sales pressure increased significantly in recent days, but the inventory level was overall controllable, and the overall price trend of dimethyl ether stabilized.

Third, the market outlook

Business community view: On the positive side, under the influence of environmental protection, Shanxi and North Jiangsu coke oven gas methanol projects are still affected. Although some methanol plants in northern Jiangsu have been restored, but the products have not yet been produced, the resource supply in the region is still in a state of tension; Jiangsu MTO The annual overhaul has been basically completed. It is expected that the restart will be expected in advance, and it needs to be closely watched. At present, the external disk negotiation is still firm, and the Southeast Asian large-scale installation plans to be overhauled in the near future. At that time, the subsequent supply will shrink, specifically to be tracked; methanol, PP and PTA, etc. Commodity futures rose again, and continued to consolidate at a high level, which is good for the operator’s operational mentality. For the bearish side, the overall demand for downstream demand at the current stage is still cautious. The transfer of local cargo volume in Shandong and North China to the downstream is temporarily general, and some buyers are mainly waiting to see; the domestic and import arrivals are relatively concentrated recently, and the port inventory is still in place. Slowly accumulating; in the previous period, the amount of land and deck cover was large, and the domestically produced domestic cargoes were gradually concentrated in the port impact, so be vigilant. The methanol analyst of the business community expects that in the short-term market, there is no major change in the supply and demand side of the methanol market. The low inventory of the manufacturers and the downstream demand are general. The market is cautiously operating. The market is expected to be short-term, and the downstream receiving goods will be Hong Kong and futures trends, etc.

On August 13, according to data from the Peruvian Central Bank website, Peru’s copper export profit in June this year contrasted with 1.19 billion US dollars in June last year. In June, copper revenue also exceeded the country’s 1.5 billion in September 2017. A record of dollar income. In June this year, Peru’s gold export profit was 670 million US dollars, and zinc export profit was 223 million US dollars.

First, the price trend

According to the price monitoring of the business community, the aggregate MDI price for this month closed at 19,633 yuan / ton, down 950 yuan / ton from last week, down 4.62% from the previous month.

Second, the analysis of influencing factors

Product: The domestic aggregate MDI market declined broadly. Linyi Santong Chemical Technology Co., Ltd. reported PM200 19500 yuan / ton; Guangzhou Boshun Chemical Co., Ltd. MR200 19200 yuan / ton, PM200 20000 yuan / ton; Nanjing Carbon Green Chemical Co., Ltd. reported MR200 20000 yuan / ton; Zhangjiagang Free Trade Zone Asian International News MR200 19,800 yuan / ton, 44v20 19,500 yuan / ton.

Industry chain: This month’s aggregate MDI is affected by the import of goods, the price is wide, the downstream demand is sluggish, the demand is constrained, the industry’s mentality is pessimistic, and the diversified inventory is actively shipped. The support of the supplier is not obvious, pay attention to the latest price and supply policy of the manufacturer.

III. Conclusions and prospects

Business analysts believe that the current price of aggregated MDI is falling and demand is weak. Buying a house dominates the market and pays attention to the latest price and supply policy of the manufacturer.

Russian satellite news agency Moscow, August 8th, PetroChina is in-depth negotiations with Qatar on long-term and short-term procurement contracts for liquefied natural gas (LNG). Reuters quoted sources as saying that from this year to 2022, Qatar will supply millions of tons of liquefied natural gas to Chinese companies every year. The contract price and total supply are still under discussion. At the same time, PetroChina is also exploring the signing of longer-term contracts. To meet China’s rapid demand for natural gas, PetroChina began negotiations with Qatar on the purchase of LNG in the country a few months ago. It is estimated that in the next three years, China’s LNG imports will increase by 70% and will reach 65 million tons by 2020. China’s LNG imports in 2017 reached 38.1 million tons, an increase of 46% over the previous year. (Accommodation in Kazakhstan Embassy)

The backwardness of resource development and utilization, the low level of power battery technology, and the blank of battery recycling and reuse system have limited industrial competitiveness. China must get rid of existing bottlenecks, speed up the construction of standardized systems, improve the recycling and reuse system, and master breakthrough core technologies in order to gain an advantage in this competition.

The battery contains a variety of harmful substances, and random disposal will have a huge impact on the ecology. Lithium batteries need to be recycled after the end of their life cycle, mainly for environmental and economic considerations. According to the 2011 US Hazardous Substances List data, Ni, Co, and phosphide scores exceeding 1,000 are considered high-risk substances. The electrolyte of the waste lithium ion battery and its conversion products, such as LiPF6, LiAsF6, LiCF3SO3, HF, P2O5, etc., the solvent and its decomposition and hydrolysis products, such as DME, methanol, formic acid, etc., are toxic and harmful substances, which can cause personal injury. even death.

Battery material recycling has multiple economic values, including energy value re-excavation and material regeneration value. The economic aspect is also worthy of attention. It mainly includes three aspects: 1 After the lithium battery is retired on high-end electrical appliances, it can still meet the demand of some low-end electrical appliances, usually electric toys, energy storage facilities, etc. The use can give lithium batteries more value; 2 even if the electrical performance can not meet the deeper use, but the relatively rare metals such as Li, Co, Cu, etc. still have the regeneration value; 3 due to the partial metal reduction energy consumption and metal There are huge differences in regenerative energy, such as Al, Ni, and Fe, which cause metal recovery to have economic value in energy consumption.

China’s new energy automobile industry has developed rapidly. At the national level, as early as 2009, various incentive policies were introduced to promote the healthy development of the industry, and the future policy will gradually transition to mandatory. In recent years, the sales growth rate has remained at a high level. From 2013 to 2017, the national sales growth rate has exceeded 100%. It is estimated that 2020 will realize the sales of 2 million new energy vehicles nationwide, and the corresponding battery is expected to reach 80Gwh or above.

Since the power battery has maintained a high growth rate since 2013, and then began to enter the medium and high growth rate in 2018, the timeline for scrapping will lag five years. From 2018 to 2021, it will show a high growth rate, when the base is raised to a certain level. To the extent, the market began to grow steadily. Chuan Cai Securities expects that the lithium battery scrap will be around 30Gwh this year, and the number will increase to about 150Gwh by 2025.

Power lithium batteries have entered a period of high growth of centralized decommissioning. In addition, recycling policies have been introduced one after another, and corresponding laws and regulations have been gradually improved. Companies in the industry are expected to achieve steady growth in profits.