According to the Commodity Market Analysis System of the Business Society, starting from September 11th, the demand for terminal rigidity increased, and the hydrogen peroxide market surged, with an increase of over 20%. On September 11th, the average market price of hydrogen peroxide was 1810 yuan/ton. On September 21st, the average market price of hydrogen peroxide was 2200 yuan/ton, with a price increase of 21.55%.

Since September 11th, some hydrogen peroxide manufacturers have not yet started up, and supply is still tight. The market in the terminal paper and printing industry has rebounded, rigid demand has increased, and the market for caprolactam has risen. The order volume for purchasing hydrogen peroxide has increased, and the hydrogen peroxide market has skyrocketed. The mainstream quotation has risen to around 2200 yuan, an increase of nearly 400 yuan/ton, setting a new historical high.

Analysts from the Business Society Chemical Industry believe that the market for hydrogen peroxide remains high due to the strong support from the market and the continued demand for terminal rigidity.

The price of plasticizer DOP fluctuated and fell this week

According to the Commodity Market Analysis System of the Business Society, as of September 20, the price of DOP was 11350 yuan/ton, a decrease of 2.02% compared to the price of 11584.17 yuan/ton on September 13. The prices of raw materials have decreased, the cost of plasticizers has decreased, and the stock preparation before the Double Festival has basically ended. The demand for plasticizers is weak, and the price of plasticizer DOP has fluctuated and decreased this week.

The price of isooctanol fluctuated and fell this week

According to the Commodity Market Analysis System of the Business Society, the price of isooctanol on September 20th was 11860 yuan/ton, a decrease of 3.89% compared to the price of 12340 yuan/ton on September 13th. The construction of domestic isooctanol units has resumed, with sufficient supply of isooctanol and the basic end of dual saving stocking. Downstream procurement enthusiasm is average, and inventory of isooctanol has accumulated, causing prices of isooctanol to fluctuate and fall.

The market of raw material phthalic anhydride fluctuates and rises

According to the market analysis system for phthalic anhydride products of the Business Society, as of September 20th, the quotation for neighboring phthalic anhydride was 8850 yuan/ton, an increase of 2.02% compared to the price of 8675 yuan/ton on September 13th. Crude oil prices have fluctuated significantly, neighboring benzene prices have risen, raw material prices have increased, and the willingness to sell phthalic anhydride has increased. The price of phthalic anhydride has also increased, while downstream procurement enthusiasm is poor, and there is a significant resistance to high priced phthalic anhydride. In the future, the price of phthalic anhydride will remain stable.

Future expectations

Analysts from Business Society’s plasticizer product data believe that in terms of raw materials, the prices of isooctanol have fluctuated and fallen, while the prices of phthalic anhydride have risen weakly, resulting in a decrease in the DOP cost of plasticizer products; PVC prices have fluctuated and fallen, with poor purchasing enthusiasm for downstream PVC and weak demand for plasticizers. In the future, against the backdrop of weak supply and demand for plasticizers, there is insufficient demand support for cost reduction, and it is expected that the price of plasticizer DOP will fluctuate and fall.

Product name: PVC

Latest price: 6248 yuan/ton

Key points of analysis: On September 19th, the PVC spot market remained stable with minor fluctuations, and the trading atmosphere on the market was relatively light. Therefore, it is advisable to be cautious and wait and see. In terms of raw materials, upstream calcium carbide factory prices have continued to decline. In terms of futures, the futures market closed higher today. Overall, the trading sentiment in the PVC spot market is still poor, with some manufacturers stabilizing prices and watching. Downstream procurement enthusiasm is low, and the overall transaction situation is weak.

Prediction: In the short term, the PVC spot market will continue to fluctuate slightly.

Recent price trends of hydrochloric acid

According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market prices have significantly increased this week, with the average market price rising from 174.00 yuan/ton at the beginning of the week to 192.00 yuan/ton at the end of the week, an increase of 10.34%. Weekend prices increased by 25.22% year-on-year. On September 18th, the hydrochloric acid commodity index was 50.66, an increase of 0.13 points compared to yesterday, a decrease of 63.26% from the cycle’s highest point of 137.89 points (2021-10-26), and an increase of 181.76% from the lowest point of 17.98 points on September 5th, 2012. (Note: The cycle refers to the period from September 1st, 2011 to the present)

Increased upstream support and better downstream demand

From the supply side perspective, the domestic hydrochloric acid market prices have significantly increased this week, and manufacturers’ inventory is average.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market has recently seen a significant increase, with good cost support. The downstream market price of polyaluminum chloride has slightly increased, rising from 1700.00 yuan/ton at the beginning of the week to 1735.00 yuan/ton at the weekend, an increase of 2.06%. The weekend price has decreased by 16.23% year-on-year. The downstream ammonium chloride market has slightly increased, with prices rising from 722.50 yuan/ton at the beginning of the week to 742.50 yuan/ton over the weekend, an increase of 2.77%. The weekend prices have decreased by 23.85% year-on-year.

Future Market Forecast

In late September, the market price of hydrochloric acid may fluctuate and rise mainly. The upstream liquid chlorine market has recently seen a significant increase, with increased cost support. The downstream ammonium chloride and polyaluminum chloride markets have slightly increased, and downstream procurement willingness is good. Analysts from Business Society believe that the recent slight fluctuations and gains in the hydrochloric acid market are the main trend.

Price trend

Recently, the domestic PA66 market has shown a strong trend. According to data monitoring from Business News Agency, the mixed benchmark price of PA66 in China was 19333.33 yuan/ton on September 15th, with a price increase or decrease of+4.88% compared to the beginning of the month.

Cause analysis

In mid September, the market situation for PA66 was relatively strong, and overall, spot prices for various brands have increased. In terms of supply, the overall load of the domestic PA66 industry remained at around 65% this week, operating horizontally compared to the previous period. The production line situation of the enterprise has remained basically unchanged, and the on-site supply of goods has been further digested. The support from suppliers is still acceptable. Terminal enterprises still focus on maintaining production while maintaining normal inventory levels. On site stocking is mainly based on demand, and the demand side has a moderate support for spot goods. On the upstream side, the domestic supply of hexamethylene diamine has maintained a tight pattern, and the market has remained stable with minor fluctuations. The adipic acid market continued to rise this week, with the trend of raw material pure benzene maintaining a strong momentum. The promotion of PA66 spot prices on the cost side is relatively strong. Affected by cost and supply side benefits, the price of PA66 remained stable after rising this week.

Future Market Forecast

The spot price of PA66 is relatively strong in mid September. The overall price trend of raw materials is relatively strong, and the support for the cost side of PA66 is still acceptable. The load of PA66 enterprise is almost horizontal, the inventory position has been digested, and the supply support is stable. The demand side still focuses on maintaining production, and the acceptance will be affected to some extent after price increases. It is expected that PA66 will continue to operate strongly in the short term.