DOP prices fell first and then rose this week

According to the data monitoring of the business community, as of November 14, the DOP price was 10040 yuan/ton, down 2.71% from 10320 yuan/ton on November 4. This week, the DOP price fell first and then rose, and the DOP market became stable.

The price of raw material isooctanol fell first and then rose

According to the price monitoring of the business community, as of November 14, the price of isooctanol was 9166.67 yuan/ton, down 3.85% from 9533.33 yuan/ton on November 4. Recently, transportation has resumed, the price of isooctanol has fallen, market supply and demand are deadlocked, and the price of isooctanol is strong and stable.

Price of raw material phthalic anhydride fluctuated and fell

According to the price monitoring of the business community, as of November 14, the quotation of phthalic anhydride by o-benzene method was 9150 yuan/ton, down 3.05% from the price of 9437.50 yuan/ton on November 4. The price of orthophthalic anhydride dropped sharply this week, the price of orthophthalic acid dropped, the cost dropped, and the price of phthalic anhydride fell.

Future market expectation

According to the DOP data analyst of the business agency, the price of isooctanol fell first and then rose, while the price of phthalic anhydride fell sharply. In general, DOP cost support has weakened, demand has warmed up, and DOP prices are expected to be strong and stable in the future.

This week (11.4-11.11), the acrylonitrile market was at a high and firm level. According to the data monitoring of the business community, as of November 11, the price of bulk water in the acrylonitrile market was 11390 yuan/ton, up 2.15% from 11150 yuan/ton last Friday. At the beginning of the month, the manufacturer’s listing price was raised, and the merchant’s offer was rising. At present, the self lifting price of the acrylonitrile market is between 11000 yuan and 12000 yuan/ton, and the market performance is strong.

The domestic acrylonitrile unit started lower this week, and the supply is tighter than in the early stage. According to the business community, the 210000 t/a acrylonitrile unit of Anqing Petrochemical was shut down for maintenance at the end of October. This week, the 260000 t/a acrylonitrile unit of Kroor was shut down for maintenance. The acrylonitrile supply is expected to decline.

This week (11.4-11.11), the raw propylene market rose sharply and the cost rose. According to the monitoring of the business community, as of November 11, the domestic propylene price was 7330 yuan/ton, up 4.71% from 7000 yuan/ton last Friday. During the week, some units in Shandong stopped and the supply decreased, which was good for the rapid rise of the Shandong market. At the same time, downstream trading and investment were active. With the price rising many times, the atmosphere of downstream trading and investment began to weaken, and the market price stopped rising and stabilized on Friday.

Recently, the commencement of ABS downstream of acrylonitrile continues to maintain a high level, which just needs support for acrylonitrile; The downstream acrylamide is basically stable when starting, and just needs support for nitrile rubber; The downstream acrylic fiber starts to decline slightly, the downstream nitrile rubber declines slightly, and the support for acrylonitrile decreases slightly.

Future forecast: acrylonitrile analysts from the business community believe that the cost of acrylonitrile has risen slightly at present, the downstream ABS continues to need support, and the support of other products has weakened slightly. Some enterprises stop for maintenance. It is expected that the acrylonitrile market will continue to maintain a high level in the month.

Since the end of September, the bisphenol A market has turned down and continued to fall. In November, the domestic bisphenol A market continued to be weak, but the decline slowed down. With the price gradually approaching the cost line, the market attention has increased. Some intermediate traders and downstream users have gradually entered the market for inquiries, and the low sentiment of bisphenol A holders has gradually slowed down. According to the monitoring data of the business community, the market negotiation price was 11875 yuan/ton on the 8th, down 9.44% from the 1st day. It was 28% lower than the market offer of 16478 yuan/ton on September 28 (the highest point in the second half of the year).

The quotation of bisphenol A in the domestic mainstream market on November 8:

Region, quotation, daily rise and fall

East China, 11900., – 50

Shandong region., 11850., – 100

The two downstream companies mainly digest contracts in the near future, and the purchase of new orders is limited. The overall operating rate of downstream epoxy resin and PC is around 50%, mainly based on the digestion of contracts. The epoxy resin market continued to fall in November. Under the influence of many negative factors, the market was hard to hear of real orders, and the atmosphere was pessimistic, mainly sporadic small orders. As of August 8, East China liquid epoxy resin negotiation was 16000-16600 yuan/ton of purified water, and Huangshan solid epoxy resin mainstream negotiation was 15600-16200 yuan/ton. On the PC side, the factory continued to decline by 300-1000 yuan/ton this week. However, considering the comprehensive cost factors, the continued sharp decline may be small. As of August 8, the middle and high-end materials in East China had been negotiated at 16800-18500 yuan/ton, and the actual order was negotiated specifically.

The raw material market fluctuated, and the continuous downturn of phenol could hardly support bisphenol A. The phenol market across the country continues to be weak. Sinopec East China phenol quoted 9500 yuan/ton. The negotiated prices of major mainstream markets also fell to varying degrees. The market terminal buying is not good, and the shipping pressure of the holders is high. It is expected that the market will remain weak in the short term. The reference price of East China market is 9350-9450 yuan/ton. The acetone market fell sharply due to Hong Kong stock, and under the influence of tight supply expectations, the market stopped falling and retreated this week, with a significant increase. The negotiation in East China was 5900-6000 yuan/ton. Due to the limited supply of goods, the holder is reluctant to sell obviously, the offer is firm, the purchase slows down after the terminal small order is followed up, and the short-term acetone is firm, focusing on new products for a long time.

Although the bisphenol A market continues to decline, the market price has gradually approached the cost line, and the decline has slowed down. Recently, two production lines of Changchun Chemical Bisphenol A Plant have been overhauled, and Nantong Xingchen and South Asia Plastics have been shut down for overhaul. The overall operating rate is around 60%, and the supply side has also been tightened. However, the raw material side has not yet had significant cost support, and the two downstream areas are still in a continuous downturn and have no improvement trend. The business community expects the short-term bisphenol A market to operate in a weak and volatile manner, focusing on the downstream demand and the influence of the market news.

According to the bulk list data of business cooperatives, as of November 7, the average price quoted by formic acid enterprises was 3033.33 yuan/ton, 22.15% higher than that on Wednesday (November 2), 13.33% lower than that on October 7, and 24.79% lower than that on a three-month cycle.

Recently, the market price of 85% industrial formic acid in China has risen. The main reason for this price increase is that: a large factory has the news of maintenance plan, the market supply is expected to shrink, which has boosted the market’s price mentality. In addition, some enterprises’ export orders have increased. On November 7, some enterprises’ quotations rose by 900 yuan to 3250 yuan/ton. Domestic downstream pharmaceutical, rubber, leather, pesticide and other industries’ procurement followed up as required, and the market delivery and investment were orderly.

In terms of cost: upstream sulfuric acid, the domestic sulfuric acid market price fell on November 7; Upstream methanol. According to the monitoring data of the business community, the average price of East China ports in the domestic methanol market rose from 2790 yuan/ton to 2828 yuan/ton from October 31 to November 7. The price rose 1.36% in the cycle; The cost has little effect on formic acid.

According to the formic acid analysts of the business community, the current cost support is limited, the mainstream production enterprises have started relatively high, the domestic downstream demand is mainly stable, and the export order performance is fair. In the short term, the domestic industrial grade 85% formic acid market may absorb the growth, so more attention should be paid to the market news.

According to the data monitored by the business community, as of November 7, the price of lithium iron phosphate, an excellent power product, was 165000 yuan/ton, which was stable compared with the price of lithium iron phosphate in the same period last week. At present, the operating rate is stable, the procurement atmosphere is general, and the mainstream price range is 160000-165000 yuan/ton.

The price of lithium iron phosphate, an excellent power product, is 165000 yuan/ton. The price of lithium iron phosphate is mainly stable, and the price range is maintained at 160000-165000 yuan/ton. At present, the downstream just needs to purchase, the operating rate is stable, and the purchasing atmosphere is general. The overall market remains stable and strong. The manufacturer’s supply is only for regular customers, mainly for contract customers to arrange orders and deliver goods. The overall market negotiation atmosphere is fair.

Chemical commodity index: On November 6, the chemical index was 950 points, unchanged from yesterday, 32.14% lower than the cycle’s highest point of 1400 points (2021-10-23), and 58.86% higher than the lowest point of 598 points on April 8, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present)

Analysts of LiFePO4 from the business community believe that the LiFePO4 market will maintain a stable and strong operation.