Price trends:

According to the monitoring data of business associations, the price of ethylene external market in August showed a volatile upward trend. On August 28, the average price of ethylene was $941.75/ton, up 7.88% from $873.00/ton on August 1, and down 2.51% from the same period last year.

Market analysis:

Products: In August, ethylene showed an overall upward trend of shock. Asian ethylene market price shocks rose, as of 28 days, CFR in Northeast Asia closed at $888-894 per ton, CFR in Southeast Asia closed at $828-834 per ton. European ethylene market prices rose, as of 28 days, European ethylene market prices for FD in Northwest Europe closed at $1055-1066/ton, CIF in Northwest Europe closed at $978-987/ton. The price of ethylene in the United States is unstable. As of the 28th, the price of ethylene is 413-425 US dollars per ton. Overall, the price of crude oil in the upstream trend is rising, which is good to support the rise of the whole ethylene market, and the market atmosphere is strong. Businessmen pay more attention to the situation of supply and demand after the festival.

International aspect: On August 26, the price of WTI crude oil futures market fell to 53.64 US dollars per barrel, down 0.53 US dollars or 0.53% from the previous trading day, while Brent crude oil futures fell to 58.7 US dollars per barrel, down 0.64 US dollars or 1.1% from the previous trading day. The United States will begin imposing tariffs on Chinese imports on September 1. The escalation of trade disputes has raised concerns about the slowdown of global economic growth. Crude oil is still in a burning market atmosphere. Macro-level economic worries will continue to plague the market. Overlapping the unresolved problems of Iran and the Middle East, the current factors affecting the crude oil market are still multi-empty and complex. Although crude oil prices have fallen recently, they have risen sharply in the earlier period. Cost is favorable for the synchronous rise of ethylene market price. The price of downstream styrene keeps rising and the price of ethanol consolidates, which also supports the price of ethylene.

3. Future market forecast:

Ethylene analysts at Business, Social and Chemical Branch believe that crude oil prices have fallen recently due to uncertainties in Sino-US trade disputes and Iran issues. Cost side is difficult to support the ethylene market, but the price of downstream styrene is good for ethylene, so business community data analysts expect ethylene prices to remain narrowly volatile next.

Price Trend

According to the monitoring data of business associations, the phosphate ore market has continued to operate steadily in the near future. As of August 23, the average price of 30% domestic grade phosphate ore is near 416 yuan per ton, based on the quotations of enterprises in several mainstream areas.

II. Market Analysis

Products: This week, the phosphorus ore market continued to operate in a weak position, with flat downstream demand, little fluctuation in the market as a whole and fewer market orders. Most of the mines continued to make orders from old customers. As of August 23, 30% of the grade phosphorus ore boards in Guizhou were trading at 350-410 yuan/ton, including Fuquan, Guizhou. Huifa Mining quoted a stable price, 30% grade phosphate ore factory quoted 370 yuan / ton, 28% phosphate ore factory quoted 330 yuan / ton. The quotation of 30% phosphorus ore in Hubei is near 460-530 yuan/ton, and that of 30% phosphorus ore in Liushugou, Hubei is near 470 yuan/ton.

Industry chain: Yellow phosphorus market, the downstream product of phosphorus ore, is on the upward trend this week. At present, the main quotation of yellow phosphorus in Yunnan is 15500-16000 yuan/ton. The mainstream quotation in Sichuan is about 15,500 yuan per ton, up 500 yuan per ton from Monday (Aug. 19). At present, there is a good trading atmosphere in the market. Due to the low start-up rate of yellow phosphorus, it is expected that there will be room for price increase in the short term.

3. Future Market Forecast

Business societies data analysts believe that: in the short term, the domestic phosphate ore market is expected to remain weak and stable, the overall fluctuation of the market will not be too large, the specific market trend also needs to pay more attention to the overall fluctuation of the phosphorus chemical industry market and the start-up of mines.

Price Trend

According to the price monitoring of business associations, the price of calcium carbide manufactured in Northwest China fell slightly this week. This week, the average price quoted by mainstream carbide producers fell from 2900.00 yuan/ton at the beginning of the week to 2883.33 yuan/ton at the end of the week, a decline of 0.57%, down 1.96% from the same period last year. Overall, the market of calcium carbide fell slightly this week, with the index of calcium carbide commodities at 75.55 on August 23.

II. Trend Analysis

(1) Products:

This week’s northwest region calcium carbide factory price fell: Ovidiang’s weekend calcium carbide quotation was 2850 yuan/ton, compared with the beginning of the week, the quotation fell 50 yuan/ton; Shaanxi coal industry’s weekend calcium carbide quotation was 2750 yuan/ton, compared with the beginning of the week, the quotation fell 50 yuan/ton; Inner Mongolia China Federation’s calcium carbide quotation was 2850 yuan/ton this week, the quotation was temporarily stable; This week, the price of Calcium Carbide is 2950 yuan/ton. The price is stable for the time being.

This weekend, the actual transaction price of calcium carbide in Northwest China is about 2700-2900 yuan/ton: the mainstream transaction price of calcium carbide in Shaanxi is about 2700-2850 yuan/ton; the mainstream transaction price of calcium carbide in Ningxia is about 2900 yuan/ton; the mainstream transaction price of calcium carbide in Inner Mongolia is about 2800 yuan/ton, and the actual transaction price is mainly negotiated.

(2) Industrial chain:

Upstream Raw Material Market: The quotation for coke ex-factory this week is tentatively stable, at 1916.67 yuan/ton, down 18.53% from the same period last year. Compared with last year, the price of raw materials in the upstream has fallen considerably and the cost support is insufficient, which has a negative impact on the price of calcium carbide.

Gamma PGA

Downstream market: PVC ex-factory prices fell slightly this week. The price of PVC fell from 6755.00 yuan/ton at the beginning of the week to 6705.00 yuan/ton at the end of the week, down 50 yuan/ton, or 0.74%, 5.95% compared with the same period last year. The price of downstream PVC has not increased enough. Compared with last year, the price has fallen considerably. The downstream customers are generally interested in the purchase of calcium carbide. As a whole, this week’s PVC market has a negative impact on the price of calcium carbide.

3. Future Market Forecast

After the adjustment in July, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. Compared with last year, the price of raw materials in the upstream is low and consolidated. Compared with last year, the price has fallen considerably, the cost support is not enough, and the positive impact on the price of calcium carbide is limited. The price of PVC in the downstream has started to fall, and the year-on-year decline is larger. The downstream customers have a general enthusiasm for the purchase of calcium carbide. Later market forecast that the price of calcium carbide in the northwest region will fluctuate and fall in late August, but the decline is not significant, and the ex-factory price may remain around 2850 yuan/ton.

Price Trend Chart of Nitric Acid Market
The average price of nitric acid in eastern China was 1693 yuan/ton at the beginning of this week and 1610 yuan/ton at the end of the week, down 4.92%, according to the monitoring of business associations.

II. Market Analysis

Products: The price of nitric acid in domestic market fell this week. The price quoted by mainstream manufacturers in Jiangsu was 1680 yuan/ton, and the quotation was slightly reduced by 80 yuan/ton. Anhui mainstream manufacturers quoted 1630 yuan per ton, the quotation fell by 70 yuan per ton. Shandong manufacturers quoted 1600 yuan/ton, the manufacturers quoted 100 yuan/ton lower than last week, the manufacturers quoted weak, nitric acid shipment situation is not good.

Industry chain: upstream raw material of nitric acid, liquid ammonia, August 23 price stability. Downstream Shandong and Hebei factories shut down more, market demand is not good, dragging down the price of nitric acid.

3. Future Market Forecast

Nitric acid analysts at business associations believe that the nitric acid market may be dominated by disadvantaged consolidation.

I. Market Review

According to statistics, the domestic fluorite market price trend was slightly lower this week, with the weekend price of 3093.75 yuan/ton, down 0.4% from 3106.25 yuan/ton at the beginning of the week, up 16.09% year on year, and the recent fluorite price trend was slightly lower.

II. Market Analysis

Products: This week’s domestic fluorite price trend slightly declined, mainly due to the imbalance between domestic supply and demand, the recent downstream hydrofluoric acid and refrigerant industry for fluorite demand has declined, the end of the peak season of the refrigerant industry, fluorite market is poor, and fluorite plant start-up rate maintained high, but the downstream demand situation. Generally, the spot supply of fluorite is sufficient, and the price of fluorite is on the decline. By the end of the weekend, the price of 97 fluorite wet powder in Inner Mongolia is 2800-3100 yuan/ton, the mainstream of 97 fluorite wet powder in Fujian is 2900-3200 yuan/ton, the price of 97 fluorite wet powder in Henan is 2900-3100 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi is 2900-3 yuan/ton. 300 yuan per ton, fluorite prices declined.

Industry chain: The market price of hydrofluoric acid in downstream fluorite remained low this week. The factory price of hydrofluoric acid was 11 430 yuan per ton by the end of the week. The low market price of hydrofluoric acid in downstream is a negative factor in the fluorite market, and the domestic fluorite market was affected by the decline. Recent downstream refrigerant market trading market is general, domestic refrigerant R22 market shocks down, from the market supply point of view, the production enterprise device is stable, but the pressure of goods is too high, inventory expansion appears to a certain extent, the enterprise aims to make profits to deliver goods. The downstream weakness continues, the peak season of refrigerants has passed, and demand has only decreased but not increased. The price of domestic large enterprises has maintained the level of 17,000-18,000 yuan/ton. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. However, the price of on-site transactions does not change much. Businessmen buy on demand. At the end of the peak season, the demand downstream of the terminal decreases but does not increase. The price affected by the fluorite market is slightly lower.

Industry: This week, the upstream fluorite industry started construction in general, hydrofluoric acid prices declined, fluorite products on the spot supply is sufficient, the market is poor, fluorite market prices slightly lower.

3. Future Market Forecast

In the future, the domestic fluorite plant has started to work normally recently, the market price of downstream hydrofluoric acid industry has been declining continuously, and the refrigeration industry has a poor market downstream. Chen Ling, a fluorite analyst with business associations, believes that the price of fluorite will be slightly lower in the later stage, or about 3000 yuan/ton.

Price Trend

According to the price monitoring of business associations, the comprehensive price of potassium chloride has been stable this week. This week, the average price of potassium chloride mainstream comprehensive quotation is 2265.00 yuan/ton, which is 0.67% higher than the same period last year. Overall, the market for potassium chloride was stable this week, with the commodity index of potassium chloride at 71.90 on August 16.

II. Market Analysis

This week, the quotation of the main potassium chloride manufacturers is temporarily stable: Qinghai Salt Lake potassium chloride weekend ex-factory quotation is 2250 yuan/ton, compared with the beginning of the week, the quotation is temporarily stable; Anhui Badou potassium chloride weekend distribution quotation is 2280 yuan/ton, the quotation is temporarily stable. This week, the actual turnover of potassium chloride market is not good. On the whole, the main contradictions in the market are oversupply of supply, cold trading atmosphere, downstream purchasing just needs, low overall inventory, low purchasing market momentum and stable domestic market of potassium chloride.

3. Future Market Forecast

Late August potassium chloride market overall trend or low consolidation. After the adjustment in July, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. However, the potassium chloride market is currently facing the pressure of three mountains, namely, the large stock of Hong Kong, weak demand and downward international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. Potassium chloride analysts believe that the short-term potassium chloride market is consolidated at a low level under the influence of supply, demand and raw materials.

Price Trend

According to the monitoring data of business associations, the market of phosphorus ore in China continued to run steadily this week. As of August 16, the average price of 30% grade phosphorus ore in China was around 410 yuan/ton, which was not significantly different from that of last week.

II. Market Analysis

Products: Last week, the phosphorus ore market was weak and stable, and the overall market did not change much. This week, the phosphorus ore market continued to operate weakly and steadily. On-site transactions remained light and normal. At present, 28-grade phosphorus ore trucks in Yunnan are quoted at 280 yuan/ton, while 30-grade phosphorus ore trucks in Guizhou are quoted at 360-390 yuan/ton. The taxation quotation of 22 grade phosphate ore in Guizhou is near 160 yuan/ton, and that of 30 grade phosphate ore in Hubei is near 500 yuan/ton.

Industry chain: At the beginning of this week, yellow phosphorus Market of phosphorus ore downstream products was trading downward with weak prices. It is difficult for downstream demand to form strong support for the market, and the market turnover is general. In the middle of the week (August 14), the lower reaches of the yellow phosphorus market continued to depress prices. New single transactions improved slightly and the trading atmosphere was cold. At present, the net yellow phosphorus ex-factory acceptance transaction in Yunnan refers to the vicinity of 15000-15200 yuan/ton. Phosphoric acid market cost and demand support is insufficient, the same weak downward trend, market transaction is scarce, downstream mostly wait-and-see attitude. At present, 85% of industrial grade phosphoric acid transactions in Yunnan refer to the vicinity of 4600-4700 yuan/ton, Sichuan water purification plants offer 4650 yuan/ton, Jiangsu water purification plants offer 5450-5800 yuan/ton.

3. Future Market Forecast

Business society data analysts believe that in the short term, phosphate ore is still stable, and the specific market trend is closely related to the supply and demand of upstream and downstream products, inventory and other multiple factors.

Price Trend

Mainstream domestic prices of styrene continued to decline this week, according to a large number of data monitored by business associations. According to data from business associations, the prices of sample enterprises on Monday (August 05) were 8,500.00 yuan/ton, while on Friday (August 09), the prices of sample enterprises were 8,300.00 yuan/ton, a decline of 2.35%, down 31.26% from the same period last year.

II. Market Analysis

Products:

The market price of styrene fell this week. Internationally, as of Thursday (August 08), the Asian styrene market closed down, while the Asian market FOB Korea fell 7.5 to 970-985 U.S. dollars per ton and CFR China fell 7.5 to 1,000-1015 U.S. dollars per ton. Domestically, on August 05, East China Styrene closed at 8,500 yuan/ton and 8,250-8,400 yuan/ton on August 9, with a drop of up to 250 yuan/ton. The above price is Zhangjiagang’s canning price. On August 05, South China Styrene closed at 8,900 yuan/ton and delivered at 8,600-8,650 yuan/ton on August 9, down by 300 yuan/ton. The above factory delivered the price.

Industry chain:

Upstream, this week’s crude oil prices continued last week’s sharp decline, this week’s decline of 9.15%. Pure benzene prices are affected by crude oil. This week, prices reversed last week’s rise and fell sharply, by 2.33% this week. Ethylene continued its momentum last week, rising 1.43% this week. On the downstream side, PS and EPS declined slightly, PS declined 0.68% and EPS declined 0.77%. Downstream enterprises have a general start-up rate, downstream buying is not active, and the market for styrene has fallen.

Industry:

Overall, this week’s styrene market prices have fallen, the decline has increased, most domestic enterprises have reduced prices and promoted sales, downstream mainstay low demand, spot maintains the “buy-up-not-buy-down” mentality, wait-and-see aggravated, some market holders profit-taking, short-term gathering, the current market temporarily consolidated a slight decline in consolidation.

3. Prospects for the Later Period

International oil prices and energy prices have fallen continuously this week. Domestic enterprises are stepping up inventory and trading is flat. Styrene is expected to be dominated by low-level consolidation next week.

Price Trend

The domestic butadiene market rose and fell this week. Business Club monitoring showed that the domestic butadiene market price was 9534 yuan/ton at the beginning of the week, 9934 yuan/ton at the weekend, a 4.20% increase in the week, the maximum price amplitude in the week was 5.13%, the ring-to-ring price rose 17.47%, and the year-on-year decline was 23.23%.

II. Analysis of Influencing Factors

Products: This week, the domestic butadiene market soared and fell, Sinopec’s supply price increased to 1000-10100 yuan/ton, and Northeast manufacturers’price was 9700-9810 yuan/ton. During the week, Sinopec’s supply price increased continuously, which brought a significant boost to the market. With the joint support of downstream stages, the nodal manufacturers’export supply increased significantly at the beginning of the week, which drove the market to a high point. However, with the rapid rise in prices, it is difficult to sustain downstream support, market prices fell slightly in the latter part of the week. The price of downstream synthetic rubber has risen, and the supply of butadiene spot resources still has some support. Some business offers remain high, but the downstream inquiries are cold, the actual single transaction is not good, and the market has heard of slightly lower prices. On Thursday, part of the Northeast China’s supply and flow of goods beat, dragging prices soared and fell, Shandong high-grade goods delivered at 10,300-10,400 yuan/ton; East China’s prices at 10,500-10,600 yuan/ton, an average ring-to-ring increase of 500-600 yuan/ton.

Installation: The 60,000-ton/year extraction equipment of Shandong Weite Chemical Company stopped after a short period of operation in January, and the restart time is unknown. Shandong Huayu 60,000 tons/year butadiene extraction plant stopped around July 12. The downstream SBS plant operated normally and some raw materials were purchased. The 100,000 tons/year Oxygen Dehydrogenation Unit in Silbang, Jiangsu Province stopped for overhaul on July 29, and the estimated time lasted about 15 days. The 30,000 tons/year plant of Liaoyang Petrochemical Company stopped for overhaul around June 5 and restarted in early August, with normal export of goods.

Industry chain: downstream synthetic rubber, styrene-butadiene rubber, this cycle, the domestic dry rubber factory price slightly increased, styrene-butadiene rubber 1502 sheet price 10600-10700 yuan/ton, 300-400 yuan/ton higher than last period; styrene-butadiene oil rubber 1712 sheet price 9600-9750 yuan/ton, 300 yuan/ton higher than last period. Market prices continued to rise, Qilu 1502E quoted near 10 900 yuan/ton, up 350 yuan/ton from last week; Qilu 1712 quoted at 9 900 yuan/ton; Qilu 1712 quoted 300 yuan/ton from last week.

Cis-butadiene rubber: This week, the domestic mainstream cis-butadiene rubber factory price rose to 10600-10800 yuan/ton range, the mainstream increase was 200-300 yuan/ton; only on Thursday, CNPC Northeast Sales Company increased another 300 yuan/ton, other sales companies did not keep up with the rise; the mainstream market price rose to 11000-11400 yuan/ton range, compared with last week’s mainstream. The increase is 200-300 yuan/ton. SBS: Domestic SBS market oil glue low finishing, dry rubber road to small finishing.
3. Future Market Forecast

On the positive side, domestic manufacturers have no obvious inventory pressure for the time being. The market of synthetic rubber keeps rising. Outside price and domestic mainstream manufacturers’supply price are firm. On the negative side, synthetic rubber profits are under pressure, high-price supply is not smooth, and it is difficult to sustain support just in need. With some high-priced goods in the north, butadiene market fell back slightly. In the next cycle, on the one hand, most domestic manufacturers have no obvious pressure on inventory, or will support the supply price; on the other hand, the rising price of synthetic rubber will boost the mentality of some businessmen; on the other hand, the external market is high, the spot resources in East China are temporarily limited, and supply-side factors will support the market. However, high-price supply and transaction is not smooth, downstream profits hang upside down, resulting in pressure on start-up, staggered rigid demand is difficult to sustain, and supply and demand fundamentals are weak. Under the comprehensive influence, the butadiene analyst of business association predicts that the short-term domestic butadiene market is mainly weak finishing, and attention should be paid to the operation and output of Nanjing Chengzhi plant.

Price Trend

According to a large number of data monitored by business associations, the price of trichloromethane in China has been steadily weakening this week. At the beginning of the week, the average price of trichloromethane in Shandong Province was about 2,800 yuan/ton, and at the end of the week, the average price was about 2,700 yuan/ton, with an overall decline of 3.57%.

II. Cause Analysis

Product Reasons: At present, Jinling, Shandong Province, chloroform inventory is low, part of the export orders of chemical industry in Western Shandong Province, spot supply is tight, but the demand of refrigerant industry downstream is not good in off-season, and the price of trichloromethane is gradually falling. At present, the price of trichloromethane in Shandong is about 2550-2700 yuan/ton; that in Jiangsu is about 4000 yuan/ton; and that in Liwen, Jiangxi is about 3300 yuan/ton. In terms of start-up, Jinling Chemical Plant started normal; Dongying Jinmao Chemical Plant is still under maintenance; Luxi Chemical Plant started 60%; Jiangsu Liwen Plant started normal; Jiangxi Liwen Plant was affected by power station maintenance, and enterprises operated negatively in early August for half a month.

Industry chain: upstream, domestic methanol market is affected by equipment maintenance and trader replenishment. It runs steadily in a week. At the beginning of the week, the average price of methanol market is 2076 yuan/ton, the average price of methanol at the weekend is 2136 yuan/ton, an increase of 2.89%, and the price is 29.39% lower than that of the same period last year. The supply of liquid chlorine market is reduced, the stock of enterprises is low, but the downstream market demand is not high. Good. At present, the company overreports 200-300 yuan/ton. On the downstream side, the domestic R22 refrigerant market has been affected by the sluggish demand in recent years. It has continued to decline within a week. The industry has not had a good discussion. Now the quotation for bulk water is 16500-18500 yuan/ton.

Industry: According to the price monitoring of business associations, in the 31 st week of 2019 (8.5-8.9), there were 16 commodities rising annually in the chemical sector, of which 2 commodities increased by more than 5%, accounting for 2.4% of the monitored commodities in the sector; the first three commodities were hydrogen peroxide (12.69%), acetic anhydride (10.50%) and butadiene (4.20%). There are 36 kinds of commodities with a decline of more than 5%, accounting for 2.4% of the monitored commodities in this sector. The products with the first three declines are yellow phosphorus (-22.73%), sulfur (-5.81%) and propylene (-4.45%).

3. Future Market Forecast

Business community methane chloride data analysts believe that the overall spot supply of trichloromethane market is tight, but the downstream demand is weak, affected by typhoon rainstorm weather, logistics and transportation in some areas are limited recently, and the arrival situation is difficult. It is expected that the market of trichloromethane will be shaken and adjusted in the short term.