Category Archives: Uncategorized

The market for polyaluminum chloride is weak this week

According to the Commodity Market Analysis System of Business Society, the trend of polyaluminum chloride in China’s solid (industrial grade, content ≥ 28%) market was weak this week. On the 27th, the main price of polyaluminum chloride in the market was around 1760.00 yuan/ton, a decrease of 0.21% from the price of 1763.75 yuan/ton on the 13th. Water treatment enterprises in China’s main production areas have normal production, sufficient market inventory, downstream procurement on demand, stable raw material hydrochloric acid prices, and a consolidation of the polyaluminum chloride market.

 

Raw material hydrochloric acid: According to the commodity market analysis system of Business Society, the domestic hydrochloric acid market price remained stable this week, and as of November 27th, the domestic hydrochloric acid market price was 152.50 yuan/ton. The upstream liquid chlorine market has recently seen a slight increase, with good cost support. The downstream ammonium chloride market is consolidating at a low level, and downstream purchasing willingness is weak.

 

Liquefied natural gas for production. According to the Commodity Market Analysis System of Business Society, the domestic liquefied natural gas prices have continued to rise this week. At present, the domestic cold air is coming, and the demand for downstream replenishment is increasing. Under the policy of adding upper limit gas supply, the market supply is shrinking, driving the continuous rise of liquid prices. In terms of sea and gas, prices at some receiving stations have slightly increased. It is expected that the domestic liquefied natural gas prices will be strong in the short term.

 

Market forecast: Raw material prices remain stable this week, while fuel liquefied natural gas prices rise. The cost of polyaluminum chloride supports an overall increase. On the supply side, Chinese polyaluminum chloride manufacturers are producing normally and have sufficient inventory; On the demand side, there has been no significant improvement in purchasing willingness, and stability is the main focus. Analysis suggests that the recent market for polyaluminum chloride may be dominated by consolidation.

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This week’s consolidation of caustic soda prices (11.20-11.24)

According to the commodity analysis system of Business Society, the price of caustic soda has been consolidating this week. At the beginning of the week, the average market price in Shandong was 3673.33 yuan/ton, and on the weekend it was 3683.33 yuan/ton, with a price increase of 0.27% and a decrease of 23% compared to the same period last year.

 

Upstream caustic soda

 

According to the commodity analysis system of Business Society, the price of caustic soda has remained stable this week. The average market price in Shandong from the beginning of the week to the weekend was 836 yuan/ton, a decrease of 23.72% compared to the same period last year. This week, the overall price of caustic soda has remained stable with minor fluctuations, and the production of caustic soda has increased. Downstream purchases are still more on demand, and the purchasing enthusiasm is average.

 

Business Society analysts believe that the price of caustic soda has stabilized this week, and with the high prices, downstream market entry enthusiasm has become cautious. The supply-demand game, taking into account the short-term or sustained high level consolidation of caustic soda prices, depends specifically on downstream market demand.

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Insufficient positive support, acetic anhydride prices fluctuated and fell this week

Acetic anhydride prices fluctuated and fell this week

 

According to the Commodity Market Analysis System of the Business Society, as of November 23, the price of acetic anhydride was 5700 yuan/ton, a fluctuating decrease of 1.08% compared to the price of 5762.50 yuan/ton on November 16. Insufficient support for raw material prices has led to the resumption of production by acetic anhydride enterprises, and the price of acetic anhydride has fluctuated and fallen this week.

 

The equipment operating load of domestic acetic anhydride manufacturers has increased, and the overall inventory of acetic anhydride manufacturers remains low. The spot market supply of acetic anhydride is sufficient, and there is still downward pressure on acetic anhydride.

 

Acetic acid prices rebounded and rose this week

 

According to the market analysis system of acetic acid products in the Business Society, as of November 23, the price of acetic acid was 3175 yuan/ton, a slight increase of 0.79% compared to the price of 3150 yuan/ton on November 16. Some acetic acid enterprises have started or stopped production of equipment, while Guangxi acetic acid enterprises have started at low loads. Anhui acetic acid enterprises have shut down due to malfunctions, coupled with low inventory levels among manufacturers, resulting in a decrease in acetic acid supply and an increase in acetic acid prices. However, cost support for acetic anhydride still exists.

 

Future prospects

 

Analysts from Business Society’s Acetic Anhydride Data believe that the supply of acetic acid has decreased, the price of acetic acid has increased, and the cost support for acetic anhydride has increased; The operating load of acetic anhydride manufacturers has rebounded, and the supply of acetic anhydride has increased, resulting in significant downward pressure on acetic anhydride. In the future, with increased cost support and sufficient supply of acetic anhydride, it is expected that the price of acetic anhydride will fluctuate and rise in the future.

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The market situation of trichloromethane is weak and significantly declining

This week (11.13-11.21), the market for chloroform fell. According to data from Business Society, as of November 22, the price of trichloromethane bulk water in Shandong Province was 2066 yuan/ton, a decrease of 8.82% from last Monday’s 2266 yuan/ton. The price of raw material methanol is weak and low, while the price of liquid chlorine remains high, and the cost of trichloromethane still has support; However, downstream demand is weak, transactions in the trichloromethane market are scarce, and the factory price of accumulated inventory of enterprises has been lowered.

 

This week (11.13-11.22), domestic methane chloride production slightly increased to around 6.5%.

 

This week (11.13-11.22), the price of raw material methanol fell and the price of liquid chlorine remained high, while the cost of trichloromethane still has support. According to the Commodity Market Analysis System of Business Society, as of November 22, the spot price of methanol was 2385 yuan/ton, a decrease of 3.08% from last Monday’s 2460 yuan/ton. As of November 22nd, the acceptance price of liquid chlorine tank trucks in Shandong region has been sorted out around 600 yuan/ton.

 

In the off-season, the terminal only needs a small amount of support for refrigerant. Currently, the refrigerant R22 market is consolidating at a low level, and the operating low level fluctuates narrowly, leading to a significant weakening of demand support for trichloromethane. In 2023, the total production quota of R22 will be reduced by 19% to 181800 tons, and overall support for trichloromethane demand will weaken in the medium to long term.

 

Analysts from Business Society’s methane chloride data believe that on the one hand, weak demand has a significant impact on trichloromethane, and on the other hand, there is slight cost support in the short term. It is expected that the trichloromethane market will continue to narrow and consolidate in the near future.

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Narrow range consolidation of nitrile rubber market

This week (11.13-11.21), the nitrile rubber market saw a narrow consolidation. According to the Commodity Market Analysis System of Business Society, as of November 21, the price of nitrile rubber was 14950 yuan/ton, an increase of 0.17% from last Monday’s 14925 yuan/ton. The price of raw material butadiene has stabilized at a high level, while the price of acrylonitrile has slightly increased, while the cost of nitrile rubber has slightly increased; Recently, low level inquiries for downstream construction have been light, and there have been few market transactions. The overall market price of nitrile rubber has remained stable with little movement.

 

This week (11.13-11.21), the price of raw material butadiene has stabilized at a high level, while the price of acrylonitrile has slightly increased, and the cost of nitrile rubber has slightly increased. According to the Commodity Market Analysis System of Business Society, as of November 21, the price of butadiene was at 9541 yuan/ton, a decrease of 0.05% from last Monday’s 9546 yuan/ton; As of November 21st, the price of acrylonitrile was 10062 yuan/ton, an increase of 1.26% from last Monday’s 9937 yuan/ton.

 

This week (11.13-11.21), there was a slight fluctuation in the construction of domestic nitrile rubber plants.

 

The downstream rubber pipe construction of domestic nitrile rubber remains at a low level of around 60%, and inquiries about nitrile rubber are cautious. The trading atmosphere on the market is slightly stagnant, and the nitrile rubber market is weakening.

 

Future forecast: Business Society nitrile analysts believe that the current supply of nitrile rubber is relatively sufficient, and downstream inquiries are light. It is expected that the nitrile rubber market will be weak and consolidate in the short term.

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