According to the data of the bulk list of business cooperatives, the average price of domestic industrial lithium hydroxide enterprises was 580000.00 yuan/ton as of November 24, which was the same as the price on Monday and increased by 11.90% compared with the price at the beginning of the month.

The domestic lithium hydroxide market was stable at a high level this week. The upstream spodumene price is at a high level. The upstream lithium carbonate has dropped slightly, and the cost support is still available. Spot transactions in the market are just in demand. The atmosphere of cautious wait-and-see is strong, and the focus of domestic lithium hydroxide market negotiation is temporarily stable.

The upstream lithium carbonate and lithium carbonate market declined slightly. According to the data monitoring of the business community, the reference price of lithium carbonate industrial grade was 582,000.00 on November 22 and 581,000.00 on November 23, respectively, with a price drop of 0.17%.

The lithium hydroxide analysts of the business community believe that the current upstream lithium carbonate market has fallen slightly, increasing the cautious wait-and-see atmosphere of the market, and the market spot trading atmosphere is general. It is expected that in the short term, the domestic lithium hydroxide market price will be mainly stable, and more attention should be paid to the market news guidance.

Commodity name: PET Latest price (November 23): 7280.00 yuan/ton

As of November 23, the average price of PET water bottle manufacturers was 7280 yuan/ton. The narrow range of PET market was weak, and the mainstream price was about 7300 yuan/ton. At present, the focus of negotiations is stable, and the purchase of just needed products is the main.

Future forecast: It is expected that the PET market will operate stably in the short term.

According to the data monitored by the business community, as of November 22, the price of lithium iron phosphate, an excellent power product, was 170000 yuan/ton, unchanged compared with the same period last week. The operating rate was stable. The downstream procurement atmosphere was general, and the mainstream price range was about 170000 yuan/ton.

The price of lithium iron phosphate, an excellent power product, is 170000 yuan/ton. The price of lithium iron phosphate is mainly stable, and the mainstream price range is maintained at 170000 yuan/ton. At present, the downstream just needs to purchase mainly, and the operating rate is stable. The overall market of lithium iron phosphate remains stable, medium to strong. The manufacturer only supplies old customers, but the number of new customers is limited. As of November 15, the price of upstream lithium carbonate is mainly stable.

Chemical commodity index: On November 21, the chemical index was 942 points, up 1 point from yesterday, down 32.71% from the cycle’s highest point of 1400 points (2021-10-23), and up 57.53% from 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 market of LiFePO4 is mainly stable.

According to the price monitoring of the business community, the domestic polyurethane fiber market fell back in November. As of November 21, the average price of the 40D specification market was 36750 yuan/ton, down 3.29% from the beginning of the month and 53.95% year on year.

Spandex manufacturers started to work at about 70%, or there is a downward trend, but the market spot supply is relatively sufficient. The cost side support was weakened, the downstream market transaction was weak, and all parties were bearish about the future market.

Current mainstream price statistics of polyurethane fiber market (unit: yuan/ton)

20D ./30D./ 40D

Zhejiang/. 38000-44000./36000-41000./33000-38000

Shandong./38000-44000/. 37000-41000./33500-36000

Fujian./39,000-47,000./. 38,000-41,000./35,000-39,000

Jiangsu./38000-44000./36000-41000./33000-38000

The raw material PTMEG industry started and remained stable at around 65%, the cost BDO continued to decline, the downstream lacked real order negotiations, and the market situation was weak. At present, the market price of PTMEG (1800 molecular weight) was 20,000-21,000 yuan/ton. The overall confidence of the pure MDI market is insufficient, traders are more active in shipping, downstream demand is low, and the focus of the market mainstream negotiation continues to move down. For reference, it is 18000-18500 yuan/ton telegraphic transfer barreled self lifting.

In the textile terminal industry, orders for “Double 11″ and “Double 12″ have been completed successively, with obvious off-season characteristics and weak demand. In terms of weaving, it is hard to hide the weak trend of decline in the operating rate. The operating rate of looms in Jiangsu and Zhejiang has decreased to below 56%.

Analysts from the business community believe that the supporting role of the cost side is weak and stable, the trading and investment in the downstream terminal market is weak, and the demand follow-up is insufficient. All parties are cautious about the future market, and it is expected that the spandex market will maintain a downward trend in the short term.

Spot price: This week (11.14-11.18), the spot price of domestic polyester staple fiber fell in shock. According to the price monitoring of the business community, the average price of domestic polyester staple fiber was about 7572 yuan/ton on November 18, down 1.69% from Monday and up 3.84% from the same period last year.

Futures market: the main force of short fiber futures ended lower in shock this week. On Friday, the main contract of short fiber PF futures closed at 6976, down 3.33% from the closing price last week. The settlement price is 6920 yuan. This week, the main domestic staple fiber upstream raw material PTA futures fell 0.52% to close at 5388, and the main ethylene glycol futures fell 1.50% to close at 3877.

Influenced by the pressure of global economic growth, the hawkish remarks made by the Federal Reserve and the OPEC announcement to reduce the global crude oil demand forecast in 2022, the international crude oil futures prices fell in a volatile manner this week. The main force of US oil futures fell 8.22% for the whole week and closed near US $81.55 per barrel (as of 16:36 on the 18th Beijing time). The fall in crude oil price has weakened the support for PTA cost. The high inventory of polyester plants in the downstream will not be changed. Large factories will carry out a new round of joint production reduction, which will significantly drag down the demand for PTA. The accumulation of PTA may increase significantly. With the expected production in the later period, PTA will have a weak trend this week. Recently, the new capacity of ethylene glycol has been released, the downstream demand remains sluggish, and the market trend of ethylene glycol is under pressure. In the near future, the supply of staple fiber has increased slowly, the factory has accumulated stock, and the demand of downstream yarn mills is weak. Buying is cautious. This week, staple fiber is shipped at a discount, and the price has fallen back. The trading of pure polyester yarn and polyester cotton yarn market did not improve significantly this week, the price continued to adjust in a weak trend, and the trading center continued to decline. The merchants negotiated to sell the goods, and the overall stock removal was slow.

In the future, the support of raw material cost has weakened recently, the supply of staple fiber has increased slowly, and the downstream demand is weak, so the short-term staple fiber price may show a weak oscillation trend. Pay attention to raw material price trend, plant dynamics and downstream orders.