Commodity index: on August 15, the commodity index of polyaluminium chloride was 93.69, unchanged from yesterday, down 14.05% from the highest point 109.01 in the cycle (2019-08-28), and up 11.11% from the lowest point 84.32 on August 18, 2020（ Note: period refers to 2019-04-01 to now)

The monitoring found that in the first half of August 2021, China’s water treatment manufacturers experienced the biggest twists and turns in recent years. In late July, Gongyi, Henan, the main production area, experienced a severe rainstorm. So far, the rainstorm has raided the local area, the road transportation is blocked, it is difficult for the manufacturers to ship a vehicle, the freight has increased by 50 yuan to hundreds of yuan, and the cost has increased; The rainstorm also led to the flooding of warehouses of some industrial and mining enterprises, the shortage of raw materials for production and the shortage of market supply, resulting in the rise of the price of aquatic products; In addition, the current delta virus has led to strict epidemic prevention and control, which has a certain impact on the operation of the water treatment industry. In the first half of August, the mainstream market of polyaluminum chloride in China showed an upward trend. The domestic mainstream price of solid (industrial grade, content ≥ 28%) polyaluminum chloride on the 1st was 1687.78 yuan / ton, and the mainstream price on the 15th was 1733.33 yuan / ton, an increase of 2.7%.

Industrial chain: in terms of upstream raw materials, hydrochloric acid: from the manufacturer’s quotation, the manufacturer’s quotation in Shandong hydrochloric acid market increased at the beginning of the month, and the market changed little thereafter. The quotation of Dezhou Shihua hydrochloric acid is 400 yuan / ton, and the quotation is stable temporarily; The quotation of synthetic hydrochloric acid from Wen Shui is 230 yuan / ton at the weekend, which is temporarily stable compared with that at the beginning of the week; Dezhou Maihua hydrochloric acid quoted 160 yuan / ton at the weekend, which was temporarily stable compared with that at the beginning of the week. From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the market situation of upstream liquid chlorine is general and the support for hydrochloric acid is weak, while the high market price of downstream ammonium chloride has a positive impact on hydrochloric acid. Difficult delivery of hydrochloric acid is still a big problem. Then in Henan Province, according to the manufacturer, due to strict environmental protection, some manufacturers stopped for maintenance, coupled with the damage to the manufacturer’s warehouse caused by flood, coupled with the rise of transportation costs, the market price of hydrochloric acid increased and the supply of goods was tight.

Secondly, liquefied natural gas is used in the production process. Recently, the domestic LNG market has shown an up down up trend. On August 9, after the rise over the weekend, the domestic LNG market continued to rise. Prices in Shaanxi, Ningxia, Inner Mongolia and other places generally increased, and some areas fell slightly, but there is no doubt that the market focus has shifted upward. This round of liquid prices stopped rising, benefiting from the cost support, the tight price of imported gas goods was boosted, and after the liquid price fell last week, the heat of downstream inquiry increased. At the same time, some liquid plants recently planned to shut down for maintenance, tighten the supply, lay more profits, and the domestic liquid price market continued to run strong in the off-season. At present, 5150-5550 yuan / ton in Inner Mongolia, 5400-5550 yuan / ton in Shaanxi, 5330-5630 yuan / ton in Shanxi, 5360-5520 yuan / ton in Ningxia, 5350-5600 yuan / ton in Henan and 5200-5400 yuan / ton in Hebei. The inlet gas price is about 4600-5950 yuan / ton. The domestic liquid price and export gas price increase hand in hand, and the price difference is small. According to the analysis of the business society, the current cost support is strong. In addition, after the early price adjustment, the shipping atmosphere of the liquid plant has improved. At the same time, some regions may have the demand for urban combustion in advance, and the support on the demand side is gradually improved. It is expected that the domestic LNG market will run strong in the short term, and the price will continue to rise.

Downstream demand: in July and August, the water treatment industry experienced too much. The weather and epidemic disasters affected the production, raw material supply and shipment to a certain extent. The raw materials were tight and the logistics and transportation were limited, and the downstream demand became tense. According to the manufacturers in the main producing areas, the market of various water treatment products is rising at present: according to manager Wang Dongdong of Henan Kaijie, the production capacity of polymeric ferric sulfate and phosphorus removal agent in Gongyi City has also decreased since the beginning of the year. Due to the dual impact of flood and epidemic situation, the price of polymeric ferric sulfate and phosphorus removal agent has soared since August 4, There is even a price but no goods. According to the business agency, the chemical raw material sulfuric acid required for the production of polyferric sulfate and phosphorus removal agent increased from 686.67 yuan per ton on July 22 to 770 yuan on August 10, up 83.33 yuan or 12.13%. Therefore, based on the experience and experience of the company, the price of polyferric sulfate and phosphorus removal agent increased from 900 yuan to 1026 yuan, an increase of 14%. Secondly, the price of citric acid has fluctuated since the beginning of July because of short supply. In addition to the disaster and epidemic situation, the price has increased from the initial 6600 yuan to the current 8500 yuan, an increase of 1900 yuan, or 28.8%. To a certain extent, it has caused a passive situation for our business. Some old customers can’t accept such a high price and have said that they can’t buy or sell, so it’s difficult to clinch a deal. Thirdly, sodium acetate / sodium acetate and glucose also showed an upward trend in varying degrees, both of which reached 2.5%. In the short term, the price will remain stable, but with the impact of the epidemic, there will be different degrees of supply tension.

Future forecast: according to the analysis of the business community, in the future, the current water treatment industry has ushered in a good period of annual market, the impact of the communication role of the industrial chain, coupled with tight supply, a certain improvement in downstream demand, and the price of polyaluminium chloride is strong. In the future, under the influence of the traditional peak sales season, the market is more likely to continue to rise.

1、 Price trend

According to the bulk data list of business society, the average price of domestic phosphoric acid on August 13 was 6816.67 yuan / ton, which was flat compared with the price at the beginning of the week, up 16.86% month on month and 41.52% compared with the same period last year.

2、 Market analysis

This week, the high level of raw material yellow phosphorus fell, the phosphoric acid market continued to operate at a high level, most of the enterprises with high early Quotation have been lowered, and some enterprises have made up a slight rise, but most enterprises still implement the early quotation and have not made adjustment yet, and the market wait-and-see mood has not decreased. At present, the atmosphere of high price transaction in the phosphoric acid market is light, coupled with poor logistics in some areas, shipment pressure, and the price is reduced slightly, but the cost support is still in, so the willingness to fall deeply is not strong. According to the monitoring of the business community, the current quotation in Sichuan is 6700-7300 yuan / ton, that in Hebei is about 7500 yuan / ton, that in Hubei is about 7000-8000 yuan / ton, that in Shandong is about 7300-7600 yuan / ton, and that in Yunnan is about 7300 yuan / ton. The price of phosphoric acid in various places has been steadily reduced.

region product Specifications date Price (yuan / ton)

Sichuan region phosphoric acid Content: 85% industrial grade August 13th 6700-7300

Hubei region phosphoric acid Content: 85% industrial grade August 13th 7000-8000

Yunnan region phosphoric acid Content: 85% industrial grade August 13th seven thousand and three hundred

Shandong region phosphoric acid Content: 85% industrial grade August 13th 7300-7600

Phosphate rock. At present, the downstream product market of phosphate rock still supports the phosphate rock market. In addition, the supply of domestic phosphate rock market continues to be tight. Therefore, phosphate rock analysts of business society believe that in the short term, most of China’s phosphate rock market will continue to be high-level consolidation.

Yellow phosphorus, the market price of yellow phosphorus fell this week, and the trading atmosphere on the floor was good. Up to now, the mainstream quotation of Yunnan yellow phosphorus is about 24000 yuan / ton; The mainstream quotation in Sichuan is about 25000-26000 yuan / ton; The mainstream quotation in Guizhou is about 24000-25000 yuan / ton. This week, the downstream enterprises of yellow phosphorus gradually resumed production and purchased a small amount. At present, the transaction of new orders is general, and the enterprise owner mainly sends early orders. At present, the supply of goods in the yard is still relatively tight. In addition, the high-level consolidation of upstream phosphate rock can support it. It is expected that the market price of yellow phosphorus will be stabilized temporarily in the short term.

3、 Future forecast

According to the phosphoric acid analyst of the chemical branch of business society, the current high level of raw materials has fallen, but the cost support is still strong. Phosphoric acid remains stable and wait-and-see, with partial reduction. It is expected that the phosphoric acid market will continue to move greatly, steadily and slightly in the short term. If there is a reduction expectation, we still need to pay attention to the fluctuation of raw material prices.

Trade name: urea

Latest price (August 12): 2800.00 yuan / ton

On August 12, the ex factory quotation of urea in Shandong was temporarily stable, which was the same as that on August 6, with a year-on-year increase of 56.42%. The price of upstream LNG has increased slightly recently, and the cost support has been strengthened. From the perspective of demand: the transaction is mainly just needed, the agricultural demand is general, and the industrial demand is normal; The operation of downstream compound fertilizer and rubber plate plants is not high, and the operating load rate of melamine enterprises remains high. Most of them are used with mining and followed up with a proper amount of bargain hunting. In terms of supply, urea has entered the off-season of agricultural demand, the early maintenance enterprises have gradually resumed production, and the daily output has increased. On the whole, the urea cost support is strengthened, the downstream demand is weakened, and the urea supply is tight.

In the future, the ex factory price of urea in Shandong is expected to decline slightly: the average price quoted by the manufacturer is about 2790 yuan / ton.

The raw material pure benzene market fluctuated and adjusted, and the quotations of cyclohexanone enterprises were more stable. According to the monitoring data of business agency, as of August 10, the average market price of cyclohexanone in China was 10220 yuan / ton, with a month on month decrease of 4.49% and a year-on-year increase of 78.26%.

In terms of raw materials and pure benzene, Sinopec reduced the price of pure benzene by 150 yuan / ton to 7550 yuan / ton, which is implemented uniformly by its refineries. The price shall be implemented from August 9. Downstream, the quotation of caprolactam and Sinopec high-end caprolactam remained stable at 14700 yuan / ton this week (liquid high-grade products were accepted and picked up in June).

Crude oil prices continued to fall, Sinopec’s pure benzene listing was lowered again by 150 to 7550 yuan / ton, and the market mentality was mainly bearish. Cyclohexanone analysts of business society expect that the short-term cyclohexanone market may decline in a narrow range.

According to the data monitoring of business society, as of July 31, the reference average price of 30% grade phosphorus ore in the mainstream areas of China was around 550 yuan / ton. Compared with July 1 (the reference average price of phosphorus ore was 530 yuan / ton), the average price increased by 20 yuan / ton, an increase of 3.77% and a year-on-year increase of 44.74%.

In July, the spot supply in the domestic phosphorus ore market was tight, the operating rate of the phosphorus ore market in Guizhou was low, and the on-site inventory was low. In mid July, the domestic phosphorus ore market maintained a tight supply situation, and the overall market transaction focus gradually shifted upward. On the 12th, some domestic mining enterprises in Guizhou raised the price of medium and high-end grade phosphorus ore by about 20-50 yuan / ton. After adjustment, In Guizhou, the price of 30% grade phosphorus ore truck plate is around 490-510 yuan / ton, and the price of 28% grade phosphorus ore truck plate is around 440-470 yuan / ton. In Hubei, the quotation of 28% ammonium phosphate ore ship board of some mining enterprises in Hubei has been raised to 550-570 yuan / ton. In Guangxi, the price of 30% grade phosphate rock freight plant is around 480-510 yuan / ton, and the price of 28% grade phosphate rock freight plant is around 430-460 yuan / ton. As of July 31, the reference average price in the mainstream areas of 30% grade phosphorus ore in China was around 550 yuan / ton. Compared with the beginning of the month, the average price increased by 20 yuan / ton, or 3.77%.

Downstream yellow phosphorus, affected by power rationing in Yunnan in July, the price of yellow phosphorus rose sharply. The manufacturer mainly issued early orders. As of July 31, according to the monitoring data of business agency, the domestic yellow phosphorus reference price was 27666.67 yuan / ton, a monthly increase of 42.98% compared with July 1 (19350 yuan / ton).

Downstream phosphoric acid, the market price of phosphoric acid rose sharply in July, the enterprise increased by more than 1000 yuan within the month, and the market focus moved upward. In the first half of this month, the phosphoric acid market was relatively calm, the enterprises started smoothly and mostly held the early quotation. From the second half of this month, due to the impact of power restriction in Yunnan, the production of yellow phosphorus was reduced and the goods were tight, so the price once rose to 30000 yuan. The cost side made efforts to support the phosphoric acid market to rise again. The price has exceeded the 8000 yuan mark. Some enterprises closed their offers and the market quotation is chaotic. At present, there are few low-end prices in the phosphoric acid market, and the supply is tightened, and the price rises sharply, but the downstream receiving capacity is limited, and the high price transaction atmosphere is light. The enterprise still mainly sends old customers, and there are few new orders, but the shipment of wet process phosphoric acid is relatively good. From the current situation, the short-term high-level operation probability of phosphoric acid is relatively high. According to the monitoring of the business community, the quotation in Sichuan is 6750-7500 yuan / ton, that in Hebei is 7700-8100 yuan / ton, that in Hubei is 8000-8200 yuan / ton, that in Jiangsu is 7200-7800 yuan / ton, and that in Shandong is 6200-7300 yuan / ton. The price of phosphorus acid in various places has increased significantly. According to the bulk data list of business society, the average price of domestic phosphoric acid on July 27 was 6816.67 yuan / ton, an increase of about 1000 yuan over the price of 5833.33 yuan at the beginning of the month, an increase of 16.86% within the month.

Forecast and analysis of future trend of phosphate rock

At present, the supply of domestic phosphorus ore market continues to be tight, and individual mining enterprises in Guizhou have suspended quotation. Phosphorus ore analysts of business society believe that in the short term, China’s phosphorus ore market will mainly focus on high-level consolidation and operation.

According to the data monitored by the business agency, at the beginning of the week, the quotation of domestic industrial grade first-class potassium nitrate was 5740.00 yuan / ton, and at the end of the week, the quotation of domestic industrial grade first-class potassium nitrate was 5775.00 yuan / ton, an increase of 0.61%, the current price increased by 8.96% month on month, and the current price increased by 37.91% year-on-year.

This week, the domestic potassium nitrate market rose slightly, the shortage of market supply eased, a small number of large traders shipped, and the market inquiry slowed down slightly. The overall market turnover is average. The market of potassium nitrate is slightly higher. According to the statistics of business society, the quotation of mainstream domestic potassium nitrate manufacturers this week is 5200-6100 yuan / ton (the quotation is for reference only). The quotation is different according to different procurement conditions.

Recently, the quotation focus of mainstream potassium chloride manufacturers has shifted upward: on August 6, the potassium chloride equipment of Qinghai Salt Lake potassium fertilizer Co., Ltd. operated normally. The ex factory quotation is about 3270 yuan / ton, the quotation is temporarily stable, and the actual transaction price is mainly negotiated. Recently, the international market price of potassium chloride has been strong and upward, while the domestic spot market is in short supply. The domestic inventory is relatively low and the supply is in short supply. The price of potassium chloride has risen sharply. It is expected that the market of potassium chloride will be consolidated at a high level in the future.

Recently, the supply of potash fertilizer in the domestic market is still slightly insufficient, the supply of imported potash is less, and the downstream purchases on demand. It is expected that the market situation of potassium nitrate may rise in the short term, and the long-term market still needs to wait and see（ The above prices are provided by major potassium nitrate manufacturers all over the country and sorted and analyzed by potassium carbonate analysts of business society. They are for reference only. Please contact relevant manufacturers for more price details).

According to the monitoring of business society, the price index of domestic rare earth market rose sharply in July, the price of domestic praseodymium neodymium rare earth rose, the price of heavy rare earth market rose, and the domestic rare earth market soared. According to the rare earth sector index of business society, the bulk commodity price index BPI on July 31 was 1092 points, unchanged from yesterday, setting a record high in the cycle, It was 65.45% higher than the lowest point of 660 on February 3, 2016（ Note: the period refers to the period from December 1, 2011 to now).

It can be clearly seen from the rare earth index chart that the domestic rare earth prices rose sharply in July. Recently, the mainstream commodity prices in the rare earth market rose, and the rare earth market turned red. In terms of products:

It can be clearly seen from the product price trend chart that the prices of domestic mainstream products such as neodymium oxide, metal neodymium, praseodymium oxide, metal praseodymium, praseodymium neodymium oxide and praseodymium neodymium alloy have increased. As of July 30, the price of neodymium oxide in domestic rare earths was 620000 yuan / ton, up 30.12% from the price at the beginning of July; The price of neodymium was 745000 yuan / ton, up 27.9% from the price in early July; The price of praseodymium neodymium oxide was 630000 yuan / ton, up 31.52% from the price in early July; The price of praseodymium neodymium alloy was 770000 yuan / ton, up 31.56% from the price in early July; The price of praseodymium oxide was 640000 yuan / ton, with a price increase of 14.29% in July; The price of metal praseodymium was 815000 yuan / ton, up 17.27% in July, and the market trend of domestic light rare earth rose sharply.

The trend of domestic rare earth market soared, some enterprises reported that the overall transaction situation improved, the demand for high-end magnetic materials in the downstream was large, and the profit space of rare earth industry chain was opened. In the near future, China’s rare earth quota on the supply side may be steadily increased, the supply rigidity will be optimized, and the implementation of new energy efficiency standards will continue to increase the proportion of frequency conversion air conditioners in domestic household appliances, the penetration rate of Nd-Fe-B will continue to increase, and the demand side is expected to continue to rise. The sales of new energy vehicles are relatively normal, and the demand for rare earths is high. The main rare earth raw materials of high-performance Nd-Fe-B are light rare earth praseodymium and neodymium oxide, heavy rare earth dysprosium oxide and terbium oxide, which are used in new energy vehicles, wind power, energy-saving frequency conversion air conditioning, traditional vehicles and other fields. According to statistics, the sales of new energy vehicles are still good. According to the data released by China Automobile Industry Association, China Automobile Industry Association (hereinafter referred to as “China Automobile Association”) released the latest production and sales data. In June, the domestic automobile production and sales reached 1943000 and 2015000 respectively, down 4.8% and 5.3% month on month, down 16.5% and 12.4% year-on-year. Recently, the downstream demand is OK, and the market price trend of light rare earths has soared.

As can be seen from the trend chart, the price trend of dysprosium Series in China rose sharply. As of 31, the price of dysprosium oxide was 2.675 million yuan / ton, up 13.11% in July; The price of dysprosium ferroalloy was 2.64 million yuan / ton, an increase of 12.82% in July, and the price of dysprosium metal was 3.48 million yuan / ton, an increase of 7.91% in July; The price trend of domestic terbium series has risen sharply. The price of domestic terbium oxide is 8.4 million yuan / ton and the price of metal terbium is 10.35 million yuan / ton. Transactions in the domestic rare earth market have improved, leading magnetic material factories have continued to expand, and the demand for replenishment has made the domestic heavy rare earth market prices warmer and higher. In addition, Myanmar prohibits exports, and the global rare earth supply is relatively concentrated. Myanmar is one of the production areas second only to China and the United States. Myanmar has a great impact on the products in the domestic heavy rare earth market. The source of imported goods has been greatly reduced, and the supply in the heavy rare earth market is general. Recently, the downstream procurement is active, and the market price trend has increased sharply.

The recent notice on carrying out industrial energy conservation supervision in 2021 emphasizes the comprehensive sorting and investigation of enterprises in key industries such as iron and steel, nonferrous metal smelting, petrochemical industry and building materials, and the special supervision on the implementation of mandatory energy consumption quota standards per unit product, so as to finally realize the full coverage of energy conservation supervision of enterprises in key industries during the 14th Five Year Plan period. In addition, Wang Jiangping, Vice Minister of industry and information technology, said at the video conference on industrial policies and regulations of industry and information system last week that efforts should be made to optimize the development environment of industrial enterprises, accelerate the legislation of telecommunications law, and promote the promulgation of rare earth regulations as soon as possible. Industry insiders believe that this reflects the strengthening of government control over the rare earth industry, which is conducive to the healthy development of the industry. Since 2021, the accelerated promulgation of the regulations on the administration of rare earth will, on the one hand, make the industry have laws to abide by and promote the rare earth industry chain to embark on the road of virtuous circle development; On the other hand, it reflects China’s determination to strictly control the supply order of rare earth and support the price of rare earth as an important strategic resource. The overall demand for rare earth products is acceptable. Recently, the downstream demand has increased, the phenomenon of replenishment is frequent, and the price of domestic rare earth market has risen sharply.

In 2021, the total control index of the first batch of rare earth mining, smelting and separation increased significantly, which is related to the strong downstream demand. The Ministry of natural resources issued the total control index of rare earth mining in 2021. In 2021, the total control index of the first batch of rare earth mines (rare earth oxide REO, the same below) in China was 84000 tons, including 11490 tons of ionic (mainly medium and heavy rare earth) rare earth mines, The index of rock ore type (light) rare earth ore is 72510 tons. The total mining control index of the first batch of tungsten concentrate (tungsten trioxide content 65%, the same below) is 63000 tons, including 46890 tons of main mining index and 16110 tons of comprehensive utilization index. In 2021, the total mining amount of rare earth and tungsten mines will continue to be controlled. The national policy is favorable, and the trend of some products in the rare earth market is mainly rising.

With the sustainable development of new energy vehicles, wind power and variable frequency air conditioning in the downstream of rare earth, the demand is supported. However, the domestic rare earth supply starts normally. In addition, the on-site transactions in the later stage have improved, and the procurement of some enterprises has increased. Chen Ling, an analyst of business society, predicts that the market price of rare earth in the later stage and the market price of light rare earth in the short term may maintain a rising trend.

1、 Price trend

According to the bulk data list of business society, the average price of domestic hips on July 30 was 12533.33 yuan / ton, flat compared with the beginning of the week and down 0.53% compared with the beginning of the month.

2、 Market analysis

There is no significant change in hips market price this week, and toluidine is also stable. The trading of raw styrene was poor, the price fluctuated and fell, coupled with weak downstream demand and insufficient gas buying, the offer of the cargo holder decreased obviously and steadily, and there was room for negotiation. So far, the mainstream price of hips is mostly in the range of 12300-14800 yuan / ton, and the price of benzene is mostly in the range of 10700-12800 yuan / ton. The overall PS market price fluctuates little, and the market runs light and stable.

In the international crude oil market, on July 29, the international oil price rose significantly. The settlement price of the main contract in the US WTI crude oil futures market was US $73.62/barrel, up US $1.23 or 1.70%, and the settlement price of the main contract in the Brent crude oil futures market was US $75.10/barrel, up US $1.23 or 1.67%. Previously, the decline of U.S. crude oil inventory was higher than expected, and the tight supply boosted the oil price. Some data showed that the U.S. crude oil supply hit the lowest level since January 2020, and the oil price further increased.

In terms of raw materials, on July 30, the market price of styrene was weak. Futures bulls reduced their positions, prices fell and closed down, weighing on today’s spot market. It is expected that the styrene supply will increase in August, and the downstream maintenance units have been restarted one after another. It just needs to recover, but the increment is expected to be limited. At the end of the month, the short-term supply is coming to an end, and the shipment is closed. It is expected that the short-term styrene market will continue to fluctuate and narrow.

3、 Future forecast

The business community believes that the current cost support is general, coupled with light demand in the off-season and insufficient downstream buying, it is expected that the short-term hips market will operate stably and weakly.

According to the bulk data monitoring of business society, the price of acetic acid rose slightly this week. On July 30, the price of acetic acid was 5983.33 yuan / ton, an increase of 2.28% compared with the price of 5850.00 yuan / ton last weekend, and a decrease of 17.85% compared with the beginning of the month. As of July 30, the market price of acetic acid in various regions in China rose and fell as follows:

region July 26th July 30th Price rise and fall

East China 5800-6250 yuan / ton 5950-6550 yuan / ton three hundred

South China 5700-5800 yuan / ton 5950-6050 yuan / ton two hundred and fifty

North China 5600-5700 yuan / ton 5650-5900 yuan / ton two hundred

Shandong region 5850-5900 yuan / ton 5950-6000 yuan / ton one hundred

Jiangsu region 5700-5800 yuan / ton 5800-5900 yuan / ton one hundred

Zhejiang region 5750-5850 yuan / ton 5900-6000 yuan / ton one hundred and fifty

Hebei region 5900 yuan / ton 6000 yuan / ton one hundred

This week, the domestic acetic acid price increased, the acetic acid plants in Huayi, Guangxi and Anhui stopped, the acetic acid enterprises increased their quotation, and the acetic acid market rose slightly. At present, the inventory of domestic acetic acid enterprises is OK, the actual transaction negotiation is mainly, the shipment is stable, the inventory supply in the acetic acid market is sufficient, the downstream purchase enthusiasm is general, the purchase is rational, the market trading is relatively stable, the short-term rise space is small, and the atmosphere in the venue is partial to wait-and-see.

The upstream methanol market is temporarily stable and wait-and-see. As of July 30, the average production price in Shandong has remained at about 2585 yuan / ton. The price is stable during the week. The on-site gas buying is general, the downstream receiving is limited, and the purchase is mainly on demand. The spot methanol market in the port area is general, the transaction is weak, and the short-term methanol spot market is waiting to be sorted out and operated.

In the downstream, the market prices of vinyl acetate and acetate fluctuated in a narrow range. The market trend of butyl acetate decreased during the week due to the decline in the price of raw n-butanol and the downstream resistance to high prices; Ethyl acetate has a good trading. Due to the weak downstream demand, the market in the later stage is mainly on the sidelines.

Acetic acid analysts of business society believe that affected by the shutdown of acetic acid manufacturers this week, the enterprise quotation increased and the market rose. Next week, the acetic acid plant will resume restart, the market supply will increase, and the conditions for continuous rise in the field are insufficient. In addition, the downstream purchasing is rational, and the short-term acetic acid market is expected to be sorted out and operated.