1、 Price trend

Taking the sulfuric acid method rutile type titanium dioxide, which has a large volume of sales in the domestic market, as an example, according to data monitoring by Business Society, the market price of titanium dioxide was relatively stable this week. The average price of domestic titanium dioxide is 17300 yuan/ton yuan/ton.

2、 Market analysis

The domestic titanium dioxide market is relatively stable this week. Overall, the situation of foreign trade orders is acceptable, while the domestic terminal market is average, and manufacturers mainly place preliminary orders. At present, new orders have limited transaction volume, and there is a strong wait-and-see sentiment in the market, resulting in a decrease in demand. As of now, most domestic quotations for rutile titanium dioxide are between 16700-18600 yuan/ton; The quotation for anatase titanium dioxide is around 15500 yuan/ton; The quotation for chlorinated titanium dioxide is around 19600 yuan/ton. The actual transaction price is negotiated separately.

In terms of titanium concentrate, the market price of titanium concentrate in Panxi region has slightly decreased this week. The market situation of downstream titanium dioxide enterprises is average, and market demand has declined. Procurement is mainly for immediate needs, so be cautious and wait and see. As of now, the tax-free quotation for grade 38 42 titanium ore is around 1550-1600 yuan/ton, the tax-free quotation for grade 46 10 titanium concentrate is around 2220-2260 yuan/ton, and the quotation for grade 47 20 titanium concentrate is around 2350-2480 yuan/ton. In the short term, the market price of titanium concentrate is temporarily stable and the actual transaction price is negotiable.

In terms of sulfuric acid, the domestic sulfuric acid market price has been lowered this week. According to data monitoring from Business Society, the average price of sulfuric acid was 306 yuan/ton last Thursday, and 298 yuan/ton this Thursday, with a price reduction of 2.61%. The upstream sulfur market has recently experienced a slight decline, with insufficient cost support. The downstream market for hydrofluoric acid and titanium dioxide has stabilized at a high level, and downstream customers have average enthusiasm for purchasing sulfuric acid.

3、 Future Market Forecast

Business Society titanium dioxide analysts believe that the sulfuric acid market price has decreased, and the price of titanium concentrate in the Panxi region has slightly decreased, resulting in weak cost support for titanium dioxide. Downstream market demand is light, and purchasing is cautious. It is expected that the titanium dioxide market will operate weakly in the short term, and the actual transaction price will be negotiated separately.

According to the Commodity Market Analysis System of the Business Society, the prices of polyformaldehyde in Shandong have been fluctuating and declining recently. At the beginning of the week, the average production price of polyformaldehyde in Shandong was 5275.00 yuan/ton, and on the weekend, the average production price of polyformaldehyde in Shandong was 5225.00 yuan/ton, a decrease of 0.95%, a month on month decrease of 4.35%, and a year-on-year decrease of 3.83%.

Upstream methanol situation: The domestic methanol market has slightly declined, with most coal mines in the main production areas maintaining normal production and sales. Except for some mines that are still under rectification, the overall supply is basically stable. The cost of methanol is influenced by favorable factors. Affected by the trend of commodities, the methanol futures market fell, and the atmosphere in the mainland market quickly weakened, leading to a decline in the methanol market.

Recently, the methanol market has been weak and declining, with poor cost support. Downstream demand for procurement has been maintained, while polyformaldehyde manufacturers have maintained normal shipments. Polyformaldehyde analysts from the business community predict that prices may decline slightly.

According to data monitored by the Business Society, as of October 17th, the average price of domestic industrial grade premium cyclohexane was 7466.67 yuan/ton, which is slightly stronger than the same period last week. The price has increased by 4.19% compared to the same period last week, and the overall market supply and demand are balanced, with manufacturers mainly selling at profit.

The market price of cyclohexane has slightly increased, with the mainstream price around 7466.67 yuan/ton, an increase of 4.19% compared to the same period last week. The quotation range of mainstream manufacturers remains around 7000 yuan/ton, and downstream procurement is on demand. The willingness to stock is not strong, the demand is average, and upstream support is weak.

Chemical index: On October 16, the chemical index was 926 points, a decrease of 5 points from yesterday, a decrease of 33.86% from the highest point of 1400 points in the cycle (2021-10-23), and an increase of 54.85% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

Cyclohexane analysts from Business Society believe that in the short term, the stable operation of the cyclohexane market is the main trend, with a narrow range leaning towards strong operation.

1、 Price trend

According to the Commodity Market Analysis System of Business Society, the average market price of domestic liquid caprolactam on October 9th was 13337 yuan/ton, and on October 16th, the average market price of domestic liquid caprolactam was 13050 yuan/ton. Caprolactam prices fell by 2.16% this week.

2、 Market analysis

The market price of caprolactam fell first and then rose this week. The price of raw material pure benzene has been lowered, and cost support has weakened. Downstream on-demand procurement, with weak terminal demand.

The price of raw material pure benzene has slightly decreased this week. On October 9th, the price of pure benzene was 7880 yuan/ton, and on October 16th, the price of pure benzene was 7822 yuan/ton, a decrease of 0.73% compared to last week,

This week, the downstream PA6 market weakened and fell, resulting in poor market transactions. As of October 16th, the reference average price of domestic PA6 is 14375 yuan/ton.

3、 Future Market Forecast

Business Society Caprolactam analysts believe that the caprolactam market has slightly rebounded recently. The market for raw material pure benzene has rebounded, with increased cost support, but terminal demand needs to be improved. It is expected that in the short term, the price of caprolactam will be adjusted and operated with fluctuations in raw materials.

According to monitoring data from Business Society, as of October 13, 2023, the domestic market price of organic silicon DMC was referenced at 14540 yuan/ton. Compared with October 1 (organic silicon DMC reference 14860 yuan/ton), the price was reduced by 320 yuan/ton, a decrease of 2.15%.

From the data monitoring chart of the Business Society, it can be seen that after the National Day holiday, the overall domestic silicone DMC market has shown a weak and declining trend. After the holiday, the trading atmosphere on the organic silicon DMC floor was light, downstream demand was weak, and new orders were limited, resulting in overall supply pressure on the floor. In terms of cost, the market for raw material metal silicon is weak after the holiday, and the cost support provided to organic silicon DMC is also loose. After the holiday, although the prices of major factories in Shandong remained stable, some factories and suppliers offered discounts and lowered the price of organic silicon DMC by around 200 to 300 yuan/ton. As of October 13th, the domestic organic silicon DMC market price is based on 14200-14800 yuan/ton.

Prediction of the Future Trend of Organic Silicon DMC Market

At present, the trading atmosphere in the organic silicon DMC market is mild. After the market drops to a low point, short-term bargain-hunting and stocking in the downstream may drive a temporary increase in demand. However, in the long run, the overall performance of the organic silicon DMC market still shows strong supply and weak demand. Therefore, according to the organic silicon DMC data analyst of the Business Society, in the short term, the domestic organic silicon DMC market will mostly adjust and operate in a weak and narrow range.