According to the data monitored by the business community, as of December 30, the quotation of PET water bottle manufacturers was 5533.33 yuan / ton. As the holidays approached, the willingness of downstream goods preparation was not strong, and the demand for purchase was mainly strong. The market of PET bottle chips was organized and operated, and the price was stable. Now the price range of mainstream manufacturers was 5400-5550 yuan / ton. The purchasing atmosphere was general, and the transaction atmosphere was mild.

The domestic polyester bottle chip market price is stable, the overall market presents a stable situation, the negotiation center is stable, the downstream demand is flat, just need to purchase, the operating rate is normal, there is no pressure on inventory, the mainstream factories are active in shipping, the logistics is smooth, the number of new orders is limited, the contract customers are the main customers, the market mainstream negotiation price is 5400-5550 yuan / ton, the operation is cautious.

In early December, the upstream PTA Market as a whole showed an upward trend, and the increase began to narrow in late December. As of December 30, the average price of domestic PTA spot market was 3624 yuan / ton, up 9.5% compared with the beginning of the month, and down 27.45% compared with the same period last year. The overall situation was mainly warm oscillation operation, and the rising space was limited.

On December 29, the rubber and plastic index was 707 points, 5 points lower than yesterday, 33.30% lower than 1060 points (2012-03-14), the highest point in the cycle, and 33.90% higher than 528 points, the lowest point on April 6, 2020. (Note: period refers to the period from December 1, 2011 to now)

Business community pet analysts believe that: in the short term, the stable operation of the PET market, just need to purchase, carefully wait and see. (the above prices are provided by major PET manufacturers all over the country and sorted out and analyzed by business PET analysts. They are for reference only. Please contact relevant manufacturers for more details.)

1、 Price trend of propylene oxide

(Figure: p-value curve of propylene oxide product)

2、 Market analysis

The market of propylene oxide has been strong recently. According to the data of business news agency’s block list, as of December 29, the average quotation price of propylene oxide enterprises was 18666.67 yuan / ton, up 4.48% compared with last Tuesday (December 22) and down 2.27% compared with November 29. Recently, the load of some Po plants is low, the supply tension situation continues, the manufacturers have no pressure, the inventory in the middle and lower reaches is low, the just need replenishment is stable, the manufacturers’ attitude of supporting the market still exists, and the new single offer continues to rise. At present, the mainstream quotation of propylene oxide Market in Shandong is around 18500-18600 yuan / ton.

Upstream propylene, December 28, Shandong propylene market prices continued to decline. According to the price chart of the business community, propylene prices rose continuously in late November, with an increase of over 12%. From the end of the month to the beginning of the month, the price remained stable again, with an overall upward trend on the 4th. From the 3rd to the 8th, the price rose by about 450 yuan / ton, up 5.90%. On the 9th, the price remained stable. On the 10th, individual enterprises made up for it, while some enterprises fell slightly. From the 11th to the 14th, the price dropped by 200-250 yuan / ton. From the 15th to the 23rd, the price rose slightly, mainly stabilized. On the 24th, it began to decline again, and continued to decline by 100 yuan today/ At present, the market turnover has dropped to 7450 ~ 7800 yuan / ton, and the mainstream price is 7500 yuan / ton. Now the manufacturer has a little more inventory, and the shipment is cold.

The downstream propylene glycol, according to the monitoring data of the business community, as of December 28, the factory price of domestic industrial grade propylene glycol reference 11333.33 yuan / ton, increased by 1.49% compared with last Tuesday (December 22); the downstream soft foam polyether, on December 29, the market price of soft foam polyether in Shandong rose, the price of raw material propylene oxide rose, the pressure of soft foam polyether rose, and the downstream was in conflict with high price raw materials Mood, new single buy gas general, more cautious wait-and-see.

3、 Future forecast

Business community propylene oxide analysts believe that the overall supply of propylene oxide is tight, the downstream just need to follow up is relatively stable, and manufacturers have no pressure. It is expected that in the short term, the propylene oxide market will mainly run at a high level, and more attention should be paid to market information guidance.

According to the monitoring of business news agency, the price of domestic anhydrous hydrofluoric acid rose sharply in December. By the end of the month, the market price of hydrofluoric acid was 9470 yuan / ton, up 11.15% compared with 8520 yuan / ton at the beginning of the month, and down 7.52% year on year.

The price trend of domestic hydrofluoric acid rose sharply in December. Up to now, the mainstream price of domestic hydrofluoric acid in various regions is 9200-9700 yuan / ton. The domestic demand for hydrofluoric acid is normal, and the market price of hydrofluoric acid is mainly rising. The domestic spot supply of hydrofluoric acid is slightly tight. Some hydrofluoric acid plants are overhauled in the hydrofluoric acid yard. The manufacturers report that the goods are getting better in the near future, and the price in the yard has risen sharply. Up to now, the mainstream of hydrofluoric acid negotiations in the southern region is 9200-9700 yuan / ton, and the price of hydrofluoric acid in the northern market is 9000-9500 yuan / ton. In recent years, the price trend of domestic hydrofluoric acid market is mainly rising, and the market of hydrofluoric acid on the floor is rising.

The market price of fluorite, the raw material of hydrofluoric acid, rose in December. By the end of the month, the domestic fluorite price was 2718.89 yuan / ton, and rose by 3.91% in December. The domestic fluorite spot supply was normal, and the downstream market was improved. In addition, the temperature was lower, and the fluorite supply was reduced, so the fluorite price rose. By the end of the month, the mainstream of domestic fluorite negotiations was 2600-2800 yuan / ton. The rising price of fluorite on the floor was a good support for the hydrofluoric acid market, and the domestic hydrofluoric acid market price rose sharply.

In December, the domestic refrigerant market rose slightly. Recently, the sales market of the automobile industry is general, the refrigerant market has improved, and the demand is mainly on demand. The trend of the refrigerant industry has risen, and the market of various types of refrigerants has risen slightly. However, the manufacturers are under pressure to ship, the sales pressure is large, the increase of raw material hydrofluoric acid is limited, the support force is general, and the export volume of refrigerants has little change, The output of downstream air conditioning is low, the demand is scarce, the off-season effect of after-sales market continues, and the price of refrigerant increases little. As a whole, the refrigerant market is generally supported by favorable factors, the price will remain low or become normal, and the focus of transaction will remain low. At present, the load of R22 manufacturers is not high, the inventory is in a reasonable range, and the market price remains at a low level. However, the downstream receiving capacity is limited, there is a lot of wait-and-see sentiment, the delivery of goods is not smooth, and the actual transaction focus rises slightly. Some businesses still have the phenomenon of cost inversion. The mainstream of on-site negotiations is 13500-15500 yuan / ton. The market trend of domestic R134a rose slightly, but the auto industry continued to be depressed, and the transaction atmosphere was light. The supply of goods on the floor is sufficient, and the market will be affected by new production capacity in the future. The competition is fierce, and the supply side is gradually bad. The price is slightly higher, but the downstream demand is not significantly improved, and the price trend of hydrofluoric acid market is rising.

On the whole, hydrofluoric acid market is mainly rising. In addition, the upstream raw material fluorite market has an upward trend, and the demand of downstream refrigerant industry is normal. Chen Ling, hydrofluoric acid analyst of business association, believes that the market price of hydrofluoric acid may continue to rise.

Trend analysis

According to the data of business agency, the cobalt price dropped slightly in December, and the cobalt Market weakened. As of December 22, the cobalt price was 264166.66 yuan / ton, down 0.44% from 265333.34 yuan / ton at the beginning of the month (December 1).

Wuxi Electronic Trading Center Inventory

Inventory date, variety, inventory quantity, delivery quantity unit

2020-12-22 1684 tons of cobalt

2020-12-21 16 42.5 5.25 tons of cobalt

2020-12-18: 1642.754.75t

2020-12-17 1644.25 1.5 tons of cobalt

2020-12-16 16 65.75 1.5 tons of cobalt

December 15, 2020: 1646.751 tons

1627.751 tons of cobalt on December 14, 2020

1629.25 1.5 tons of cobalt on December 11, 2020

2020-12-10: 1627.753.5t

December 9, 2020: 1628 0.25 tons of cobalt

1599 1 tons of cobalt on December 8, 2020

2020-12-7 cobalt 1596.5 0.5 tons

2020-12-4 cobalt 1592.75 1.25 tons

2020-12-3 cobalt 1586 0.25 tons

2020-12-2 cobalt 1583 3 3 tons

December 1, 2020: 1177.25 1.5 tons of cobalt

From the cobalt inventory and settlement scale, we can see that the cobalt inventory of Wuxi Trading Center remained high in December, and the cobalt market inventory was large, the cobalt market supply was sufficient, and the closing year was approaching. Some cobalt enterprises were willing to ship the recovered funds at the end of the year. It is difficult to find a market for high price cobalt in the short term, and the market situation of cobalt market is bad.

Market Overview

Bai Jiaxin, a data analyst at the business agency, believes that with the coming of the new year, the demand for cobalt market has not increased significantly. On the supply side, cobalt enterprises are willing to ship before the year in order to recover funds, and the supply of cobalt market is sufficient. In the short term, cobalt market is not good enough, but bad. It is expected that the cobalt price will weaken slightly before the year.

1、 Price trend

The comprehensive price of hydrochloric acid in North China fell this week, with the quotation falling by 0.81% from 310.00 yuan / ton at the beginning of the week to 307.50 yuan / ton at the end of the week. Overall, the market of hydrochloric acid fell this week, and the commodity index of hydrochloric acid on December 18 was 80.92.

2、 Market analysis

From the manufacturer’s quotation point of view, this week hydrochloric acid Market manufacturer quotation falls, the overall market is general. The quotation of Taiyuan kunshengda hydrochloric acid is 480 yuan / ton, which is temporarily stable; Dezhou Shihua hydrochloric acid is 650 yuan / ton, which is temporarily stable; Wenshui synthetic hydrochloric acid is 240 yuan / ton at weekend, which is temporarily stable compared with the beginning of the week; Jinan Yuanfei hydrochloric acid is quoted at 300 yuan / T at weekend, which is temporarily stable compared with the beginning of the week; Dezhou Meihua hydrochloric acid is quoted at 210 yuan / T at weekend, which is 10 yuan lower than that at the beginning of the week /Tons.

From the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market is generally in general, which gives weak support to hydrochloric acid, while the downstream silica market has a downward trend recently, and the market price of ammonium chloride has a small rise, which has a positive impact on hydrochloric acid. The hydrochloric acid market as a whole fell this week, and the difficulty of hydrochloric acid shipment is still a big problem.

3、 Future forecast

The recent market of liquid chlorine in the upstream is general, while the market of silica and ammonium chloride in the downstream is slightly improved. Business agency analysts believe that hydrochloric acid recent minor shocks.

According to the data monitoring of the business agency, as of December 18, the reference ex factory average price of domestic butanone market was 7966 yuan / ton. Compared with the price of 8166 yuan / ton on December 14, the price decreased by 200 yuan / ton, a decrease of 2.45% in the week. Compared with the price on December 1 (reference price of 7700 yuan / ton), the average price of butanone increased by 266 yuan / ton, or 3.46%.

Demand general butanone market high down this week

On Monday and Tuesday, the overall domestic butanone market was high and stable, and there was a small margin of profit on the actual transaction. As of the 16th and 17th of the week, the butanone market began to go down at a high level. The downstream purchasing atmosphere was general, and the periodic replenishment was finished. The export performance was also flat. There was not much new order increment. At present, the domestic butanone factory inventory was not large, and some enterprises had no inventory Inventory is basically in the hands of the secondary market, but the demand is not timely follow-up, butanone market as a whole in a downward trend.

As of December 18 and December 18, the reference ex factory average price of domestic butanone market was 7966 yuan / ton. Compared with the price of 8166 yuan / ton on December 14, the price decreased by 200 yuan / ton, or 2.45% in the week. Compared with the price on December 1 (reference price of 7700 yuan / ton), the average price of butanone increased by 266 yuan / ton, or 3.46%.

Internationally, on December 17, the U.S. WTI crude oil futures market prices rose, with the settlement price of main contracts at $48.54/barrel, up $0.72. Brent crude oil futures market prices rose, with the settlement price of main contracts at $51.50/barrel, up $0.42. Oil prices continued to climb on Thursday and are now at a nine month high after EIA data showed a decline in US crude oil stockpiles, progress in the US fiscal stimulus plan and strong Asian demand boosted the market.

At the end of the year, the market was mainly maintained after butanone

At present, the overall trading atmosphere of domestic butanone market is not brilliant, but in the face of the coming festival, it may usher in downstream stock preparation. Therefore, the butanone datagrapher of the business society believes that in the short term, butanone factories and operators will mainly maintain the price, and more attention should be paid to the changes in raw materials and supply and demand.

Yesterday, crude oil trading volume fell, the center of gravity continued to move up slightly. The U.S. is expected to launch a new crown aid program after the EIA report showed that crude oil inventories fell more than expected last week. From November 9 to 25, due to vaccine optimism, crude oil was expected to rise rapidly, and the rising slope slowed down in the later period. In the past 20 days, it only rose about 4% by US $2. Similar to the rapid rise in May this year, the crude oil demand from June to August was expected to be better, but the increase slowed down, until a sharp correction appeared in early September. On the whole, crude oil is the cheapest of all the assets of inflation. Next year, with the demand driven by the superposition of replenishment cycle and investment cycle, the focus of oil price will move up, and it is a relatively better strategy to buy whenever there is a sharp correction. 1. Crude oil inventories fell more than expected. Yesterday, EIA crude oil inventory decreased by 3.13 million barrels, refined oil inventory increased by 160000 barrels, and gasoline inventory increased by 1.02 million barrels. The cumulative range of product oil storage was lower than expected, and crude oil production decreased, which was better than yesterday’s API data. Last week, the net import of US crude oil increased sharply and the net import of crude oil decreased by 1.848 million barrels / day in this period, which was the main reason for crude oil going to storage and the operating rate of refineries decreased. 2. US congressional leaders are understood to be close to reaching an agreement on a bail-out bill of less than $900 billion.

Industry news: 1. Affected by the epidemic, U.S. oil demand has fallen by about 13% so far this year; retail sales data released on Wednesday showed that US retail sales fell for the second consecutive month in November due to the surge in the number of cases; global demand has been poor, and the biggest rebound in demand is China; the International Energy Agency (IEA) warned on Tuesday that it will take some time to reverse the epidemic Global oil demand has plummeted; the IEA has cut its oil demand forecast by 50000 B / d this year and 170000 B / D next year, on the grounds that fewer and fewer people travel by air, leading to reduced use of aviation fuel.

2. EIA report: the commercial crude oil inventory excluding strategic reserves decreased by 3.135 million barrels to 510.1 million barrels, a decrease of 0.6%. Last week, the domestic crude oil production in the United States decreased by 100000 barrels to 11 million barrels / day. In addition to the import of commercial crude oil from strategic reserves last week, 5.424 million barrels / day decreased, 1.055 million barrels / day compared with the previous week U.S. crude oil exports increased by 793000 B / D to 2.627 million B / d last week, while U.S. gasoline inventory increased for 5 consecutive weeks and refined oil inventory for 3 consecutive weeks.

Trend analysis

According to the monitoring data of the business agency, the cobalt price rebounded slightly on December 16. Can the cobalt market bottom out and rebound in December? As of December 16, the cobalt price was 264500.00 yuan / ton, down 0.31% from 265333.34 yuan / ton at the beginning of the month (December 1) and 0.13% higher than that at the beginning of the week (December 14).

Trend of cobalt price in LME Market

It can be seen from the LME cobalt price trend chart that the LME cobalt price fell first and then rose in December. This week, the cobalt price fluctuated and rose, and the international cobalt market recovered slowly, which was good for the domestic cobalt market, and the domestic cobalt price increased. In December, LME cobalt market bottomed out and rebounded, and the favorable situation of cobalt market increased.

Domestic mobile phone production and sales data

According to the statistics of China Academy of communications and communications, the total domestic mobile phone market shipment in November was 29.584 million units, down 15.1% year-on-year. In November, domestic mobile phone sales declined year-on-year, but the decline shrank, and rose sharply on a month on month basis. The rise in mobile phone sales led to a warmer demand in the cobalt market. However, mobile phone sales declined year-on-year, and the cobalt market demand decreased year on year. Compared with the supply of cobalt market, the supply exceeded demand market, and the cobalt market had great downward pressure.

Domestic new energy vehicle market

According to the statistics of CAAC, in November, the production and sales of new energy vehicles were 198000 and 200000, respectively, with a year-on-year increase of 75.1% and 104.9%; from January to November, the production of new energy vehicles was 1119000, with a year-on-year decrease of 0.1%, and the sales of 1.109 million vehicles, with a year-on-year increase of 3.9%. In November, the production and sales of new energy vehicles rose sharply year on year, and the sales of new energy vehicles in 2020 also showed a year-on-year positive growth in November. The production and sales of new energy vehicles have risen sharply, and the demand for cobalt market has increased significantly, and the market of cobalt market has increased greatly.

EU new energy vehicle market

According to the data reported by the media, in November, the sales volume of new energy vehicles in Europe’s major eight countries reached 134000, up 227% year-on-year and 13% month on month. The cumulative sales volume in Europe from January to November is expected to be 1.1 million, which is expected to reach 1.25 million this year, with a year-on-year growth of more than 120%. The EU’s “Europe 2030 climate target plan” raises the 2030 greenhouse gas emission reduction target from 40% to 60%. With the introduction of various subsidy policies and the target time of banning fuel vehicles, as well as the increase and promotion of new models in Europe, a series of measures have led to a sharp rise in the sales of electric vehicles in Europe, and the impact of the epidemic on the European new energy vehicle market is limited. The sales of new energy vehicles in Europe increased greatly, and the demand for cobalt market rose sharply, and the market of cobalt market was favorable.

Market Overview

This week, the price of cobalt in LME market rose again, which is good for domestic cobalt price. This rise in cobalt prices, is the short-term rebound in cobalt prices, or the bottom of the cobalt market rebound? According to Bai Jiaxin, a data analyst of business agency, from the perspective of downstream demand, although mobile phone sales still fell sharply year-on-year, but rose on a month on month basis, and the overall mobile phone market slowly recovered; the production and sales of new energy vehicles all rose sharply on a month on month basis. In the post subsidy era, the year-on-year increase in sales of new energy vehicles reflects that the market situation of new energy vehicles is relatively good and gradually increasing, international market, Europe The sales of new energy vehicles have increased greatly, and the impact of the epidemic on new energy vehicles is limited. With the deepening of various promotion policies of new energy vehicles in various countries, new energy vehicles may usher in explosive growth next year. Generally speaking, the demand of cobalt market is expected to increase significantly in the future, but the demand of cobalt market does not increase in the short term. The short-term rising power of cobalt price is limited, and the long-term cobalt price is sufficient. It is expected that the short-term cobalt market will maintain strong stability and the long-term cobalt price will rise sharply.

1、 Acrylic acid price trend

(Figure: P value curve of acrylic acid products)

2、 Market analysis

On December 15, the market of acrylic acid stabilized temporarily. According to the data of business club’s bulk list, as of December 15, the average price of acrylic acid quoted in East China was 9766.67 yuan / ton, which was flat compared with the previous trading day, increased by 26.84% compared with November 15, and increased by 14.01% on a three-month cycle. In the near future, the price of raw material propylene was generally stable 15 days after the price went down. The pressure of high cost still exists. The downstream market purchase is mainly on demand. The atmosphere of inquiry and transaction is general, and the enterprise’s offer is stable.

According to the data monitoring of the business agency, the price of acrylic acid of some enterprises in recent years (for reference only, the actual transaction price is mainly negotiated)

Enterprise market price specification date

Jinan Mingwei Chemical Co., Ltd. 7900 yuan / T, line standard: ordinary acid; grade: superior product: December 15, 2020

Jinan planhua Chemical Co., Ltd. 7200 yuan / T, line standard: ordinary acid; grade: superior product: December 15, 2020

Jinan Mingyu Chemical Co., Ltd. 7900 yuan / T, line standard: common acid; grade: superior product: December 14, 2020

Shandong tashuo Chemical Co., Ltd. 7900 yuan / ton 200kg / barrel

Upstream propylene, on December 15, the market price of propylene in Shandong remained stable. According to the price chart of business agency, the price of propylene rose continuously in late November, increasing by more than 12%. From the end of the month to the beginning of the month, the price was stable again. On the 4th, the price rose by about 450 yuan / ton from the 3rd to the 8th, up by 5.90%. On the 9th, the price was fully stable. On the 10th, some enterprises made up for the increase, and some enterprises’ prices fell slightly. On the 11th, the price began to decline twice, and on the 14th, it had dropped 200-250 yuan / ton. Today, the price was mainly stable, and the market transaction was at 7 Between 850 and 8150 yuan / ton, the mainstream price is about 7900 yuan / ton. At present, the manufacturer’s inventory pressure is not big, the propylene plant shut down in the North has not been restored, and the shipment situation is ordinary.

3、 Future forecast

Acrylic acid analysts from the business community believe that the price of raw material propylene will remain stable after the recent downturn, and the cost pressure still exists, and the market trading atmosphere is general. It is expected that the acrylic acid market will operate with stability as the subjective expectation in the short term, and more attention should be paid to the market news guidance.

1、 Price trend

According to the business club’s big list data, the price of pure benzene rose first and then decreased slightly this week. On December 6, the price of pure benzene was 4280-4550 yuan / ton (the average price was 4376 yuan / ton); on this Sunday (December 13), the price of pure benzene was 4280-4650 yuan / ton (average price was 4556 yuan / ton), which was 180 yuan / ton or 4.11% higher than last week.

2、 Analysis and comment

From the end of November, the main influencing factors of pure benzene price changed from styrene to crude oil and external market. With the recovery of European and American prices and the opening of the arbitrage window between Asia and the United States, the price of pure benzene in Asia has increased significantly. The good news will drive the focus of domestic pure benzene market negotiation higher. At the beginning of the week, the domestic market continued the upward trend of last week, and the price continued to rise to Wednesday, up 4.57%. With the weakening of crude oil and styrene, the market mentality of pure benzene is weakening, and some low-cost goods sources in the early stage have begun to take profits and the prices are lower. From November 26 to December 13, Sinopec’s listed price of pure benzene increased by 600 yuan / ton to 4600 yuan / ton, and 200 yuan / ton to 4600 yuan / ton in the week. On Monday, the total inventory of pure benzene in East China port was about 250000 tons.

In terms of external trading, on Friday (December 11), the import of pure benzene from South Korea was US $631.33/t, down 23 US dollars / T, or 3.52% compared with December 4; and that of East China was 628 US dollars / ton, up 8 US dollars / ton, or 1.29% compared with December 4.

In terms of crude oil, crude oil rose rapidly after falling this week, fell back on Friday and rose overall compared with last week. The sharp increase of new epidemic cases in Europe and the United States has led to a decline in the crude oil market mentality. On Wednesday, Pfizer vaccine made new progress and prices rebounded rapidly. Compared with December 4, Brent rose 1.155 USD / barrel, or 2.36%; WTI rose 0.33 USD / barrel, or 0.71%. Compared with December 31, 2019, Brent decreased by 25.07%, and WTI decreased by 23.07%.

Downstream: styrene: domestic styrene fell sharply this week. The downstream demand is weak, and the mainstream downstream is mainly supported by rigid demand, with insufficient gas purchase and styrene support, and the price drops. On Friday (December 11), the price of sample enterprises was 7550 yuan / ton, down 650 yuan / ton or 7.93% compared with last Friday, and the price increased by 0.44% compared with the same period last year.

Aniline: affected by the environmental protection inspection this week, some factories in Shandong Province reduced the load of aniline units, reduced the new market supply and increased the price. The price of aniline in East China increased. On December 13, the price of aniline in Shandong was 7600-7700 yuan / ton, and that in Nanjing was 7900-8000 yuan / ton.

3、 Future forecast

In terms of crude oil, attention should be paid to the late stage vaccine and the new progress of the US economic stimulus plan, as well as the impact of gradual increase in OPEC + production.

Europe and the United States are in short supply of pure benzene, and the price remains high, which supports the Asian price. Focus on the late crude oil, external market trend and downstream styrene market.