As shown in the figure, the monitoring data of the business agency shows that the domestic market of solid (industrial grade, content ≥ 28%) polyaluminum chloride in August was mainly weak and stable, of which the mainstream market price was 2141.25 yuan / ton on the 1st and 2095 yuan / ton on the 31st, with a monthly decrease of 2.16%. At present, the production of Henan manufacturers in China is basically normal, the spot stock is sufficient, the downstream demand is general, and the market transaction is relatively flat.

Industrial chain: in terms of upstream raw materials, hydrochloric acid: the monitoring data of business agency shows that the domestic hydrochloric acid Market in August was weak and stable, with the average price falling from about 196.67 yuan / ton on the 1st to about 163.33 yuan / ton on the 31st, with a monthly drop of 16.95%, and a year-on-year drop of 44.95% at the end of the month. From the manufacturer’s quotation, the domestic hydrochloric acid market fell slightly this month, and the downstream demand was general; From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the market situation of the upstream liquid chlorine is low, and the support for hydrochloric acid is insufficient. The downstream market is slightly decreased, and the enthusiasm for purchasing hydrochloric acid is weakened. On the whole, the upstream and downstream products have a negative impact on the price of sulfuric acid in this month.

Liquefied natural gas is used in the production process. According to the data monitoring of business agency, the domestic LNG market price rose first and then fell in August, with a drop of 11.69% in the month, and the focus shifted downward. Among them, the average price of domestic liquefied natural gas on the 1st was 6420 yuan / ton, and the average price of domestic liquefied natural gas on the 31st was 5892 yuan / ton, with a monthly drop of about 9.63%. In August, the liquefied natural gas market was developed first and then restrained, with a downward trend. At the end of the month, the market demand was poor. In addition, affected by the domestic epidemic prevention and control and the transportation obstruction, the liquid price dropped sharply. The mentality of buying up and not buying down in the downstream is strengthened. It is expected that the domestic LNG price trend will continue to decline in the short term.

Future forecast: this month, the raw material cost has been steadily reduced, the downstream demand has not improved, and the actual transaction is generally light. It is expected that the future market of polyaluminum chloride will be stable; Due to the influence of the “golden nine” superimposed on the continuous rise of crude oil, we will pay attention to whether there is a possibility of a small rise next month.

Zinc price fell on August 30

According to the data monitoring of business agency, the zinc price fell on August 30, and the zinc market fell. On August 30, the average market price of zinc ingots in East China was 25450 yuan / ton, down 0.5% from the price of 25578 yuan / ton on the previous trading day, up 11.38% year-on-year.

Key points of analysis

When the temperature drops and the power limit in Sichuan expires, the industrial power consumption in Sichuan is restored in succession, the construction of zinc smelters in Sichuan is expected to resume in succession, and the supply of zinc is restored. The upward momentum of zinc market weakened.

Future forecast

After the end of power limitation, the domestic zinc smelting started to resume, and the supply of zinc increased. It is expected that the high price of zinc will fall in the future.

1、 Price summary on August 26:

Shijiazhuang refining and Chemical Co., Ltd. offers 7650 yuan / ton, and Qilu Petrochemical Co., Ltd. offers 7600 yuan / ton,

Yangba quoted 7650 yuan / ton,

Guangzhou Petrochemical quoted 7650 yuan / ton, and Maoming Petrochemical quoted 7600 yuan / ton,

Changling Refining and Chemical Co., Ltd. offers 7650 yuan / ton,

2、 Fluctuation trend:

3、 Analysis comments:

In terms of crude oil, as the organization of petroleum exporting countries led by Saudi Arabia and its allies (OPEC +) sent a signal to reduce production, the market worried about tight supply, and the oil price was supported to rise.

Today, Sinopec South China increased toluene by 100 yuan / ton.

The crude oil rose, the external toluene support was strong, the domestic toluene supply was tight, and the market favorable atmosphere remained. The rise of gasoline today led to the rise of toluene spot market.

This week, DBP prices fell first and then rose

According to the data monitoring of business agency, DBP prices fell first and then rose this week. As of August 26, the DBP price was 8833.33 yuan / ton, which was stable compared with the price of 8833.33 yuan / ton on August 19 last weekend. On August 25, the DBP commodity index was 69.42, up 0.78 points from yesterday, down 37.18% from the highest point 110.50 in the cycle (October 12, 2021), and up 2.51% from the lowest point 67.72 on August 16, 2022. (Note: the period refers to September 1, 2021 to now). The supply and demand of the plasticizer industry chain have improved, and DBP prices fell first and then rose.

This week, the price of n-butanol fluctuated and fell

According to the price monitoring of the business association, the price of n-butanol fell this week. On August 26, the price of n-butanol was 6566.67 yuan / ton, down 3.90% from 6833.33 yuan / ton on August 19 at the end of last week, and stable from 6566.67 yuan / ton on August 14 at the beginning of last week. The trading atmosphere of the n-butanol market is weak, the confidence of the industry is general, the downstream operation is low, the supply and demand transmission is relatively slow, and most of them are just needed to purchase. The price range of n-butanol fluctuates and adjusts, and the pressure of n-butanol decline in the future market still exists.

This week, the price of phthalic anhydride fluctuated and rose

 
According to the price monitoring of the business agency, the price of phthalic anhydride fluctuated and increased this week. As of August 26, the price of phthalic anhydride was 8350 yuan / ton, up by 3.09% compared with 8100 yuan / ton on August 19 last weekend. This week, the price of phthalic anhydride fluctuated and rose, and the cost of raw materials for DBP increased. In the future, the driving force for DBP to rise increased.

This week, PVC prices fluctuated and rose

According to the price monitoring of the business agency, the price of PVC fluctuated and increased this week. As of August 26, the price of PVC was 6490 yuan / ton, up 2.61% from the price of 6325 yuan / ton on August 19 last weekend. The PVC market is good and the trading atmosphere is good. At present, the downstream of the PVC spot market is still dominated by rigid demand, the market is active in receiving orders, the market transaction atmosphere is improving, the PVC price is rising, the DBP demand is warming up, and the driving force for DBP in the future is increased.

Future market expectation

According to DBP data analysts of business agency, as the temperature drops, the power limit loosens, the commencement expectation of plasticizer industry chain rises, the upstream isooctanol stops falling and rising, the price of phthalic anhydride rises, the price range of n-butanol consolidates, and the cost of DBP rises; The downstream PVC market is warming up, and DBP demand is rising. In the future, as the temperature drops and the power limit is loosened, plasticizer enterprises are expected to start to increase, the demand for plasticizer is expected to warm up, the supply and demand of DBP is expected to improve, the price of DBP is expected to stop falling and rise, and the price of DBP is expected to fluctuate and rise.

Zinc price rose on August 25

According to the data monitoring of business agency, the zinc price rose on August 25, and the zinc market rose. On August 25, the zinc price was 25690 yuan / ton, an increase of 1.04% over the zinc price of 25426 yuan / ton on the previous trading day; Compared with 2021, the zinc price increased by 12.22% year on year.

Key points of analysis

With the intensification of the European energy crisis, Russia has reduced the supply of natural gas in Europe, the European energy price has soared, the production of zinc smelters in Europe has increased, and the supply in Europe has decreased; The high temperature and drought in Sichuan have limited power supply, the industrial power consumption in Sichuan has been transferred to the people, the start-up of zinc smelters in Sichuan has decreased, and the supply of zinc has decreased. The upward momentum of zinc market has increased.

Future forecast

The supply and demand of zinc market are weak, the energy crisis in Europe is intensified, the domestic power supply is limited, the zinc smelting operation is low, the supply of zinc market is reduced, and the zinc price is expected to rise in the future.