According to the Commodity Market Analysis System of Business Society, the price of chloroacetic acid rebounded in mid May. As of May 13th, the price of chloroacetic acid was 3212 yuan/ton, an increase of 73 yuan/ton from last week’s 3139 yuan/ton.

In terms of raw materials: After the holiday, the market price of acetic acid continued to rise. As of May 13th, the price of acetic acid was 3397 yuan/ton, an increase of 192 yuan/ton from the beginning of the month, which was 3205 yuan/ton. The downstream PTA and EVA demand for acetic acid, as well as the export volume of acetic acid, have increased simultaneously. Under the resonance of supply and demand, the price of acetic acid has risen.

Downstream aspect: In April, downstream glycine production enterprises of chloroacetic acid were shut down for maintenance. The operating rate of glyphosate downstream of glycine was high, and glycine orders were considerable. The on-site market was tentatively rising.

Business Society Chloroacetic Acid Data Analyst believes that both supply and demand are strong, and the price of chloroacetic acid is rising. It is expected that the price of chloroacetic acid will maintain a range consolidation trend in late May, depending on the cost side and downstream demand trends.

According to the Commodity Market Analysis System of Business Society, from May 6th to 11th, the average price of cyclohexanone in the domestic market increased from 9662 yuan/ton to 9681 yuan/ton, with a price increase of 0.19% during the cycle, a month on month increase of 0.39%, and a year-on-year increase of 1.69%. The domestic price of cyclohexanone has been consolidating and running, with high fluctuations in pure benzene after the holiday, and the cost pressure remains unchanged. Downstream chemical fibers and solvents are mostly purchased on demand, with stable and abundant spot supply in the market. High priced shipments are hindered, and the market is undergoing consolidation and operation.

On the cost side, raw material pure benzene: The pure benzene market fluctuates at a high level. As of May 11th, the benchmark price of pure benzene for Shengyishe is 8758.83 yuan/ton. In the cost composition of the traditional cyclohexanone process route, pure benzene accounts for 53%. The market trend of pure benzene directly affects the price trend of cyclohexanone, and the short-term cost of cyclohexanone is influenced by favorable factors.

On the supply side, according to the commodity market analysis system of Business Society, the domestic production capacity of cyclohexanone is about 7.14 million tons, and the current operating load is close to 70%, which is at a relatively low level. The operating load of cyclohexanone is 67.46%, with a weekly production of 105100 tons, which has increased compared to the previous week. The supply of cyclohexanone is affected by bearish factors.

On the demand side, cyclohexanone units are mainly equipped with downstream production of caprolactam, which is one of the main downstream sources of cyclohexanone. The price of caprolactam has risen, and there has been good demand in the downstream PA6 chip market recently. The prices of polymerization factory chips have risen and production has remained high, providing support for the demand for caprolactam. And currently, the difference between benzene and caprolactam is relatively low, and cost pressure still exists for caprolactam enterprises, leading to an increase in product prices. The demand for cyclohexanone is temporarily positive.

In the future market forecast, there will be significant cost pressure and average downstream demand. There is a slight expectation of a decrease in spot supply in the market. The cyclohexanone analyst from Shengyishe predicts that the domestic cyclohexanone market will be strong in the short term.

The domestic titanium tetrachloride market remained stable this week. According to the monitoring system of Shengyishe, as of May 9th, the benchmark price of titanium tetrachloride in Shengyishe was 10825.00 yuan/ton, unchanged from the beginning of this month.

Raw material side: The price of titanium concentrate is running at a high level, which puts pressure on the cost of high titanium slag enterprises. In addition, with the increase in electricity prices in Liaoning region, most production enterprises are losing money, and the market price of high titanium slag is under pressure and rising.

The downstream titanium dioxide market prices are weak and weak, and the current market trading situation is average.

Business Society’s titanium tetrachloride analyst believes that the high cost side of titanium tetrachloride is under pressure, and downstream titanium dioxide market prices are weak and weak, resulting in a cold trading atmosphere in the market. Recently, the titanium tetrachloride market has mainly stabilized and consolidated temporarily.

According to the commodity market analysis system of Business Society, the price of polyformaldehyde in Shandong has recently increased. At the beginning of the week, the average production price of polyformaldehyde in Shandong was 4825.00 yuan/ton, and on the weekend, the average production price of polyformaldehyde in Shandong was 4850.00 yuan/ton, an increase of 0.52%, and a year-on-year decrease of 4.20%.

Upstream methanol situation: The domestic methanol market is mainly experiencing a narrow upward trend. In recent times, there has been little contradiction in the fundamentals of methanol. The inventory of mainland sample enterprises is relatively low, and there is not much pressure on their shipments. In addition, some enterprises are outsourcing, resulting in a relatively high market atmosphere. The overall market is mainly strong. Downstream MTBE: After Yuhuang starts construction, it will affect next week’s production, leading to an increase in MTBE demand; Downstream chloride: After the shutdown and maintenance of mainstream factories in Shandong, the equipment returned to normal, and the demand for chloride increased; The short-term domestic methanol market is mainly characterized by strong performance.

In recent times, the methanol market has shown an upward trend, and cost support is still acceptable. Downstream demand for procurement is maintained, and polyformaldehyde enterprises are arranging orders for shipment. Polyformaldehyde analysts from Business Society predict that prices may slightly increase.

According to the Commodity Analysis System of Business Society, as of May 7th, the price of sodium acetate trihydrate was 2218 yuan/ton, a decrease of 2.85% compared to April 30th at 2283 yuan/ton.

On the cost side:

In early May, the raw material acetic acid maintained a pre holiday fluctuation trend. With the restart of shutdown facilities in early April, the supply of acetic acid in the market gradually recovered. Downstream purchasing willingness was not strong, and prices continued to decline, weakening support for sodium acetate.

Market analysis: Although the support for raw material acetic acid has weakened, the recent trend of raw material soda ash is relatively strong, which provides some support for sodium acetate. It is expected that sodium acetate will operate in a volatile manner in the future.