Price data

According to the data from the business associations’list, the domestic sulfur market price has been running steadily this week. The average price of granular sulfur manufactured in China this week is about 996.67 yuan/ton, down 8% from the same period last year.

II. Market Analysis

Products: At the beginning of this week, the price of sulphur market was stable and the market performance was cold. This week, refineries in various regions in China maintained low inventory and smoothly shipped. According to their own shipments, they operated steadily in a multi-dimensional manner. The downstream demand performance was weak, and the on-site negotiations were mostly deadlocked and wait-and-see. As of 21, the mainstream price of solid sulfur in Sinopec Shandong was 940-1030 yuan/ton, down slightly from last week, and the mainstream price of liquid sulfur was 900-990 yuan/ton; the mainstream price of solid sulfur in North China was 830-960 yuan/ton, and the mainstream price of liquid sulfur was 800-910 yuan/ton; the mainstream price of solid sulfur in East China was 940-1030 yuan/ton./ The mainstream price of liquid sulfur is 900-990 yuan per ton.

Industry chain: The downstream sulfuric acid market is stable and small, the market price in Shandong is rising steadily, the shipment is stable, the sulfuric acid market is weak and stable, the downstream market demand is general, or will continue to be weak and stable. Under the favorable conditions of the downstream sulfuric acid market, businessmen are mainly cautious and wait-and-see, while the support for the upstream sulfur market is weak.

3. Future Market Forecast

Sulphur analysts from the Business Society Chemical Branch believe that there is no substantive information guidance at present, and the short-term sulfur market is difficult to improve. It is expected that the latter period will be stable and medium-term consolidation.

The hydrofluoric acid commodity index on June 26 was 109.26, unchanged from yesterday, down 22.20% from the peak of 140.43 points in the cycle (2018-02-21) and 103.88% 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 maintained a high level on the 27th. Up to now, the domestic market price of hydrofluoric acid is 12040 yuan/ton. The domestic start-up rate of hydrofluoric acid is less than 60%. Enterprises reflect the shortage of spot supply of hydrofluoric acid in the field at present. Recently, the situation of on-site goods has improved. Due to the higher raw material fluorite, some hydrofluoric acid manufacturers have raised their ex-factory prices, 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 11500-12500 yuan/ton, while the price of hydrofluoric acid in the northern market is about 12000-12500 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 market turnover is general, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is normal, but the hydrofluoric acid spot supply is tight, Business Analyst Chen Ling believes that the hydrofluoric acid market may continue to rise slightly.

On June 26, the phthalic anhydride commodity index was 56.12, unchanged from yesterday, down 53.28% from the peak of 120.13 points in the cycle (2012-02-28), and up 15.90% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Recently, the domestic market price trend of phthalic anhydride has risen slightly, the market price of phthalic anhydride in eastern China has rebounded, downstream factories have just needed to purchase, factory inventory is still under pressure, high-end transactions are blocked, the mainstream of on-site neighbouring source negotiations is 5600-5800 yuan/ton, the mainstream of naphthalene source negotiations is 5300-5400 yuan/ton; the mainstream price of phthalic anhydride in North China is 5600-5700 yuan/ton, and the market price is small. The price of phthalic anhydride plant in China is stable, the spot supply of phthalic anhydride is normal, and the price trend of phthalic anhydride is rising slightly.

In recent years, the domestic price of phthalic anhydride upstream product Sinopec o-phthalic acid is 5900 yuan/ton. The import market of o-phthalic anhydride in port area is temporarily stable, and the quotation is stable. In recent years, the market of o-phthalic anhydride in port is general, and the port stock is low. Upstream raw materials mixed xylene price shocks, phthalic turnover is general, port phthalic inventory is low, phthalic external quotation is low, import phthalic cost shocks, the actual transaction price is detailed, upstream price trend remains low, phthalic anhydride market price rise is limited. Downstream DOP raw material phthalic anhydride price rises, isooctanol price rises, DOP cost rises. DOP price shocks are higher, DOP downstream demand is general, customer purchasing enthusiasm is general, downstream PVC market shocks are stable, DOP market mainstream transaction price is around 7150 yuan/ton, DOP downward pressure is weakened, there is a certain upward momentum, the market price of phthalic anhydride is expected to rise slightly later.

On June 24, the hydrofluoric acid commodity index was 108.80, up 0.27 points from yesterday, down 22.52% from the peak of 140.43 points in the cycle (2018-02-21), and 103.02% from the lowest point of 53.59 on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic market price of hydrofluoric acid rose slightly on the 25th. Up to now, the domestic market price of hydrofluoric acid is 12040 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 situation of goods on the market has improved. Due to the high raw material fluorite, some hydrofluoric acid is available. The manufacturers raised the ex-factory price, and the market price of hydrofluoric acid rose. 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 market turnover is general, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is normal, but the hydrofluoric acid spot supply is tight, Business Analyst Chen Ling believes that the hydrofluoric acid market may continue to rise slightly.

Price Trend

This week (6.17-6.21) the price of NBR is mainly stable. This week, the average price of NBR is stable at 18,500 yuan/ton, up or down 0% as a whole.

II. Market Trend Analysis

Product supply and demand: This week, the domestic nitrile butadiene plant is running normally. According to the business association, Lanzhou Petrochemical’s 65,000 tons/year plant has been started normally, 15,000 tons/year nitrile butadiene plant has been converted to military industry, and 50,000 tons/year nitrile butadiene plant has started to produce 3305E/3308E. At present, nitrile butadiene rubber 3305E is reported to 17700 yuan/ton, N41E is reported to 17200 yuan/ton, 3308E is reported to 182 yuan/ton, and the price is sold; Ningbo Shunze’s 65,000 tons/year assembly. For production, 28 and 33 series NBR have stable ex-factory prices, currently reported at around 18,500 yuan/ton; 41 series NBR implements a single talk policy. Demand downstream is weak, traders follow the market to deliver goods, the market has a certain drag.

Industry chain: raw material butadiene prices rose slightly this week, the cost of NBR price formation is more profitable. According to the business association, butadiene was 8390 yuan/ton at the beginning of the week and 8434 yuan/ton at the end of the week, up 0.52% on the whole.

3. Prospects for the Future Market

Xu Xiaokun, an analyst with business associations, believes that although the small rise in raw material butadiene prices has supported the NBR market, the overall demand for NBR is weak, and the price of NBR in the future is expected to show a weak state.

Price Trend

According to the monitoring data of business associations, the domestic butanone market as a whole is still in a weak and declining state this week. At present, the mainstream domestic butanone quotation is around 6,100-6,500 yuan/ton, down-3.98% compared with June 14.

II. Market Analysis

Products: This week, the butanone market is running weakly, the downstream factories have a low start-up rate, the factories keep a horizontal position. The reference price of butanone distributors in Jiangsu is around 6400-6500 yuan/ton, the quotation price of butanone manufacturers in Shandong is around 6100 yuan/ton, and the reference price of butanone distributors in Ningbo is around 6500-6600 yuan/ton. Compensation is the main factor.

3. Future Market Forecast

Business societies data analysts believe that the short-term butanone market is mainly stable, the overall downstream demand is weak, do not rule out the follow-up of a small negative decline.

On June 18, the phthalic anhydride commodity index was 54.83, unchanged from yesterday, down 54.36% from the peak of 120.13 points in the cycle (2012-02-28), and up 13.24% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Recently, the domestic market price of phthalic anhydride has slightly declined, the market of phthalic anhydride in eastern China has maintained a weak position, downstream factories have maintained just-in-demand purchasing, factory inventory pressure has continued, high-end transactions have been blocked, the mainstream of on-site neighbouring source negotiations is 5550-5700 yuan/ton, and the mainstream of naphthalene source negotiations is 5200-5300 yuan/ton; the mainstream quotation of phthalic anhydride market in North China is 5550-5700 yuan/ton, which has caused The price of phthalic anhydride in China is stable, the spot supply of phthalic anhydride is normal, the market is not good, and the price of phthalic anhydride is declining.

Recently, the execution price of the upstream product of phthalic anhydride, Sinopec o-phthalic anhydride, is 5900 yuan/ton. The actual transaction price in the market is 5900 yuan/ton. The quotation is declining, and the port’s market is general. The price of raw materials mixed xylene in upstream is lower, the turnover of phthalic anhydride is general, the stock of phthalic anhydride in port is low, the quotation of phthalic outer plate is lower, the cost of imported phthalic anhydride is oscillating, the actual transaction price is detailed, the price trend in upstream is declining, and the market price of phthalic anhydride is declining. DOP price downstream is lower, DOP downstream demand is general, customer procurement enthusiasm is not good, DOP market mainstream transaction price is about 7000 yuan/ton, DOP downstream price is still under pressure, downstream price is slightly lower, demand for upstream phthalic anhydride is limited, phthalic anhydride market price is slightly lower, it is expected that the later market price of phthalic anhydride will be around 5500 yuan/ton.

On June 17, the hydrofluoric acid commodity index was 107.80, which was the same as yesterday. It was 23.24% lower than the peak of 140.43 points in the cycle (2018-02-21), and 101.16% higher than 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 18th. Up to now, the domestic market price of hydrofluoric acid is 11890 yuan/ton, and the domestic start-up rate of hydrofluoric acid is less than 60%. Enterprises reflect the shortage of spot supply of hydrofluoric acid on the spot at present, and the recent market situation has improved. Due to the higher raw material fluorite, some hydrofluoric acid manufacturers raised their ex-factory prices, 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 17, the latest price of domestic cyclohexanone was 7800 yuan/ton, and the domestic market of cyclohexanone was weak and stable.

II. Market Analysis

Products: Cyclohexanone market is weak, chemical fibre orders are still acceptable, inventory pressure of cyclohexanone factory has eased, downstream market is relatively cautious, market wait-and-see atmosphere is strong. The mainstream offer of cyclohexanone in North China market is delivered in cash from 7700 to 7800, the mainstream offer in East China market is delivered in cash from 8000 to 8100, and the mainstream offer in South China market is delivered in cash from 8300 to 8500.

Industry Chain: Pure Benzene: Driven by the strong crude oil, the high level of pure benzene in East China is strong, of which spot purchase price is 4680-4690 yuan/ton and sale price is 4700 yuan/ton. Negotiations in June ranged from 4700 to 4720 yuan per ton and in July from 4710 to 4740 yuan per ton. Caprolactam: Domestic caprolactam liquid spot market is temporarily stable, terminal spinning demand is weak, lack of confidence, cautious wait-and-see. The spot price of liquids in East China market refers to 11700-11800 yuan/ton for acceptance delivery, while the spot price in North China is 11900 yuan/ton for export.

3. Future Market Forecast

There is no plan for short-term cyclohexanone spot delivery, but manufacturers have spot pressure. Weiming Petrochemical plans to put into operation 150,000 tons of phenol-based cyclohexanone unit in July and Huafeng plans to put into operation 200,000 tons of cyclohexanone unit in July. It is expected that the spot pressure will continue to increase next week. From the cost point of view, the pure benzene market is slightly upward adjustment, and the cost support is relatively stable. On the demand side, the start-up load of caprolactam market is obviously reduced, the demand for cyclohexanone is less, and the support of chemical fiber market is weak. Generally speaking, the supply of cyclohexanone may exceed the demand. Cyclohexanone analysts, business associations, predict that the recent weak operation of the cyclohexanone market may not have much room to fall.

I. Trend of spot copper price

As shown in the chart above, this week’s domestic copper price shocks mainly, the average domestic spot copper price at the beginning of the week was 46,330 yuan/ton, and at the end of the week it was 46,456.67 yuan/ton, up 0.27%, down 12.54% year-on-year.

II. Copper Current Statement

As shown in the chart above, this week’s main contract price of copper is similar to the spot price trend, which rises first, then falls and then rises slightly. However, the main contract price is lower than the spot price, indicating that people are pessimistic about copper price expectations for the next two months.

II. Market Analysis

Supply: Negotiations between Codelco, the world’s largest copper producer, and Chuquicamata Copper Mine Union’s labor agreement have broken down and a strike will begin on Friday.

Demand: China’s passenger car sales fell 17.4% year-on-year in May, the largest monthly decline in history, while new energy vehicle sales grew 1.8% year-on-year, slowing down significantly. Weak industrial and manufacturing activities also hit demand. Short-term terminal consumption weakness remains unchanged, and domestic demand pressure remains.

Inventory: China’s bonded warehouses and copper stocks in the previous period are decreasing. With the strict implementation of import restrictions on scrap copper, inventory levels are expected to further decline. Zhou Lun copper inventory unexpectedly increased by 19.31% from 40,850 tonnes to 252,425 tonnes.

3. Prospects for the Future Market

In summary, the copper analysts of the non-ferrous branch of the business association believe that the interference at the end of the mine, such as the strike in Chile’s copper mines and the decline of the mine’s taste, is increasing and the supply expectation is on the tight side, but the demand is weak, especially in the off-season of demand. Demand is further weakening and both supply and demand are weakening. It is expected that copper prices will remain volatile in the short term.