According to statistics, the price trend of domestic hydrofluoric acid continued to decline this week. As of the end of the week, the price was 10010 yuan / ton, down 5.48% from 10590 yuan / ton at the beginning of the week, up 4.52% year on year.

Products: this week, the price trend of hydrofluoric acid continued to decline. In the near future, the on-site manufacturers’ delivery situation was not good, the domestic manufacturers’ equipment operation was stable, the domestic spot supply of hydrofluoric acid was sufficient, the downstream demand was low, and the price trend of hydrofluoric acid market continued to decline. In the near future, the price of raw material fluorite fell, the price of hydrofluoric acid market was affected to some extent, and the price of hydrofluoric acid in China fell. By the end of the week, the South China The mainstream of regional hydrofluoric acid negotiation is 9000-9500 yuan / ton, and the price of hydrofluoric acid in the northern market is 9000-10000 yuan / ton. In recent years, the price of domestic hydrofluoric acid market continues to decline. In recent years, the demand of downstream refrigerant industry is poor. The downstream refrigerant industry has strong resistance to high price raw materials. In addition, the downstream demand falls, the price of hydrofluoric acid market decreases, and the price of hydrofluoric acid Market continues to decline.

Industry chain: the price of fluorite in the upstream of hydrofluoric acid fell this week. By the end of the week, the factory price of fluorite was 2777.78 yuan / ton. The supply of domestic fluorite was sufficient, and the price trend of fluorite fell by 3.47%. The fall in the upstream cost price had a negative impact on the hydrofluoric acid market, and the affected price of hydrofluoric acid market fell. In recent years, the sales of the automobile industry has been in a downturn, and the market trend of downstream refrigerants of the terminal is poor. The demand for refrigerants continues to decline. In addition, due to the impact of international health events, the export has been greatly reduced, the domestic R22 supply is sufficient, the market price trend of domestic R22 refrigerants has dropped, the starting load of the manufacturer’s production units is still not high, the market supply of goods is normal, and the downstream air-conditioning manufacturers There are a lot of parking, little change in demand, coupled with the impact of foreign public health events, the export is blocked, the transaction center moves down, and the market is weak. The price mainstream of domestic large enterprises is 15000-18000 yuan / ton. The price trend of R134a market in China is declining, and the unit operation rate of production enterprises remains low. At present, the downstream operation is not high, and the demand for R134a is cold. In the near future, the procurement of downstream industry is not active, and the price drops slightly. The downstream demand is poor, and the price trend of hydrofluoric acid market is declining.

Industry: this week, the upstream raw material fluorite and hydrofluoric acid market has sufficient spot supply. In addition, the downstream refrigerant industry is not active in purchasing, and the price trend of hydrofluoric acid market continues to fall.

In the near future, the operating rate of domestic refrigerant units is at a low level. For the demand of hydrofluoric acid market, the demand for hydrofluoric acid is purchased on demand. The spot supply of hydrofluoric acid is sufficient in the field. In addition, the market price of raw material fluorite falls in the near future. Chen Ling, an analyst of hydrofluoric acid in the business agency, thinks that the market price of hydrofluoric acid may continue to fall next week.

1、 Price trend:

According to statistics, the trend of domestic p-xylene ex factory price this week is temporarily stable. The weekend average price is 4300 yuan / ton, which is the same as that at the beginning of the week, down 48.81% year on year.

2、 Market analysis:

Products: this week, the domestic market price trend of paraxylene is temporarily stable, the domestic PX operation rate is maintained at more than 70%, the operation of new 600000 ton Hongrun plant is stable, the operation of Huizhou refining and chemical plant is stable, the first line of Fuhai Chuang plant is started, the operation of Pengzhou petrochemical plant is stable, the operation of Yangzi Petrochemical PX plant is normal, the operation of Jinling Petrochemical plant is stable, the operation of Qingdao Lidong plant is full load, Qilu Petrochemical plant is installed The plant is stable in operation. The Urumqi petrochemical plant starts at about 50%, Hengli petrochemical plant is in normal operation, and the domestic p-xylene supply is normal. Due to the decline of crude oil price, the domestic p-xylene market price trend remains low. This week, the operating rate of PX plant in Asia is more than 70%, and the supply of PX in Asia is normal. The external price of PX fluctuates this week. As of the end of the week, the closing price of PX market in Asia is 449-451 US dollars / ton FOB South Korea and 469-471 us dollars / ton CFR China. Affected by the drop of international crude oil price, the external price of PX is slightly lower this week, and more than 40% of domestic products need to be imported , the decline of closing price of PX external market has a certain negative impact on the domestic market, and the domestic PX market price remains low.

Industry chain: the closing price of international crude oil fell this week. As of the 23rd, the settlement price of main contracts in WTI crude oil futures market in the United States was 16.50 yuan / barrel, and the settlement price of main contracts in Brent crude oil futures market was 24.79 USD / barrel. The price of International oil fell this week. Last week, US crude oil inventories jumped 15 million barrels to 516.6 million, about 9% higher than the five-year average. Analysts previously surveyed by the Wall Street Journal had expected crude oil inventories to increase by 13.8 million barrels compared with the previous week, and the domestic market price trend of p-xylene was temporarily stable. The price trend of PTA Market in the lower reaches of this week has declined. By the end of the week, the PTA Market in East China had been negotiated around 3200-3300 yuan. Recently, the starting load of PTA industry is 89%, far higher than the actual demand load of PTA corresponding to the current polyester operating rate. It is expected that the contradiction between PTA supply and demand will continue to increase in the later period, and the industry inventory will rise again. The cumulative export of China’s textiles and clothing will drop 17.7% year on year from January to March 2020 0%. The terminal weaving enterprises without orders have to stop production and have holidays. In recent years, Jiangsu and Zhejiang weaving enterprises have been operating at a low level around 55%, 14% lower than the peak after the year, and nearly 30% lower than last year. The downstream market is poor, and the market price of p-xylene has remained at a low level.

Industry: this week, the textile industry is in a poor situation, and the export market has been greatly hit. However, affected by the lower crude oil price, the market price trend of p-xylene is temporarily stable.

3、 Future forecast:

Chen Ling, an PX analyst at business club, thinks that the crude oil price will remain low in the near future, but the inventory of downstream textile enterprises is high, the operating rate of downstream textile industry is average, and the supply of domestic PX market is normal. It is expected that the PX market price will keep a small decline next week.

1、 Price trend chart of nitric acid Market

Nitric acid price curve

According to the monitoring of business agency, the average price of nitric acid in East China at the end of this week was 1500 yuan / ton, while the average price at the beginning of this week was 1516 yuan / ton, down 1.1%.

2、 Market analysis

Products: the price of concentrated nitric acid is weak, the quotation of Jiangsu Hongze Yinzhu Chemical Co., Ltd. is 1300-1400 yuan / ton, the same as that of last week; the quotation of Anhui Jinhe Chemical Co., Ltd. is 1350-1400 yuan / ton, the price is 50 yuan / ton lower than that of last week; the quotation of Shandong helitai Chemical Co., Ltd. is 1700 yuan / ton, the same as that of last week; the trading of nitric acid market is weak.

Industry chain: upstream liquid ammonia, this week (4.20-23), the domestic liquid ammonia market fell slightly, most manufacturers reported stable, some manufacturers were affected by inventory pressure, slightly reduced the price, there was a downward movement in the middle of the week, the range was 50-100 yuan / ton; downstream aniline, this week’s price downward.

3、 Future forecast

To sum up, negative factors hit, business analysts expect to continue weak operation.

1、 Price trend

According to the data of the large scale list of business agencies, the domestic xylene market price continued to rebound this week. As of Friday, the domestic average price was about 3710 yuan / ton, up 6.92% on last week.

2、 Analysis and comment

1. Product: the short-term international crude oil supply exceeds the demand. This week, the oil price hit the bottom again. However, with the increasing rate of domestic economic commencement and resumption, the domestic xylene price trend this week is good. At present, the mainstream price in East China is about 3750 yuan / ton.

2. Industrial chain:

Upstream, in terms of crude oil, OPEC +, the world’s major oil producer, reached a historic production reduction agreement. In the long run, OPEC + is conducive to the balance of supply and demand in the crude oil market. However, in the short term, it is not enough to offset the impact of the continuous spread of overseas epidemics on the global economy, resulting in a sharp decrease in the demand for petroleum products such as gasoline, diesel oil and aviation oil, leading to another shock and bottoming out of oil prices this week. As of early Friday morning, spot Brent fell 20.54%, Brent futures fell 16.67%, WTI futures fell 11.42%, and Dubai futures fell 15.67%.

Downstream, in PX market, this week, the price of domestic Sinopec’s enterprises is about 4300 yuan / ton, and the latest price on the outside market is about 453 US dollars / ton for FOB South Korea and 471 US dollars / ton for CFR China. It is expected that PX market price will maintain a stable trend next week. In terms of PTA market, the price of domestic PTA spot market is about 3350 yuan / ton, and the price of external market is about 420 US dollars / ton CFR China. It is expected that PTA price will keep stable next week. In the ox market, Sinopec’s o-benzene quotation is stable, with the price of 4200 yuan / ton. The external price of o-benzene is about 455 US dollars / ton FOB South Korea. It is expected that the price of o-benzene will fluctuate slightly next week.

3、 Future forecast

According to xylene analysts of the chemical branch of the business society, in the short term, the supply cost is too high, the international crude oil supply exceeds the demand, and the overall trend of the oil price is weak, or it will be shaken to the bottom. In the medium term, we can see the demand side, the inflection point of overseas epidemic and the progress of economic restart. Next week, we will continue to focus on the impact of the continued spread of the overseas epidemic on the global economic recession, the trend of international crude oil and the progress of the resumption of construction of domestic downstream enterprises. Overall, xylene prices in the domestic market are expected to fluctuate slightly next week.

1、 Price trend

According to the price monitoring of the business agency, the average price of the mainstream manufacturers on April 20 was 17000 yuan / ton, down 1.92% compared with the average price of 17333.33 yuan / ton on Monday (13th). On April 19, the R22 commodity index was 104.00, unchanged from yesterday, down 6.31% from 111.00 (2020-02-24), the highest point in the cycle, and up 24.70% from 83.40, the lowest point on October 14, 2019. (Note: cycle refers to 2019-09-01 till now)

2、 Market analysis

Product: R22 market of refrigerant market is not good recently. The price of hydrofluoric acid at the raw material end fell, the support for refrigerant R22 weakened, foreign special events were serious, the export of refrigerant terminal was not smooth, and it was mainly supplied to the domestic market. However, the domestic air conditioning industry started at a low level, and the demand for after-sales maintenance was weak. Overall, the domestic and foreign demand was lower than expected. At present, the refrigerant R22 manufacturer’s load is reduced, the inventory is in a reasonable range, and the price is under pressure due to the drag of demand, while the situation of market price or not appears. According to the price monitoring of the business agency, as of April 20, the average price of refrigerant R22 is around 17000 yuan / ton, and the quotation is mostly around 15000 yuan / ton – 19000 yuan / ton, so the firm offer is relatively low.

Industry chain: Recently, the price trend of domestic hydrofluoric acid market has fallen. The enterprise reflects that the current spot supply of hydrofluoric acid is sufficient. Due to the impact of public health events, the downstream demand is reduced. The recent market of hydrofluoric acid in the field is poor. Due to the poor downstream demand, the market price trend of hydrofluoric acid is declining. With sufficient supply of fluorite and poor downstream demand, the business community believes that the market price of hydrofluoric acid may be slightly lower. At present, the start-up situation of chloroform production enterprises has been increasing, the downstream market demand has not improved, the enterprise inventory pressure is gradually increasing, and it is expected to be weak in a short period of time.

Industry: according to the price monitoring of the business agency, in the 15th week of 2020 (4.13-4.17), there are 38 kinds of commodities rising month by month in the list of commodity prices in the chemical industry sector, among which 14 kinds of commodities rising by more than 5%, accounting for 15.7% of the number of commodities monitored in the sector; the top three commodities are acrylic acid (25.40%), maleic anhydride (19.02%) and crude benzene (15.55%). There are 21 kinds of goods falling on a month on month basis, with 8 kinds of goods falling by more than 5%, accounting for 9% of the number of goods monitored in the sector; the top three products falling are propylene (- 34.79%), propylene oxide (- 13.77%) and propane (- 11.46%). This week’s average was up or down 1.02%.

3、 Future forecast

According to the refrigerant analyst of business club, at present, the raw material end of refrigerant R22 is declining, the demand is weak, and the price is under pressure, while the situation of whether the market has price or not appears. It is expected that R22 will remain weak and stable in the short term, with a risk of falling.

1、 Price trend

According to the monitoring of bulk data of business agency, the mainstream price of styrene in China fell this week. According to the data of business agency, the price of sample enterprises on Monday (April 13) was 5400.00 yuan / ton, and the price of sample enterprises on Friday (April 17) was 5150.00 yuan / ton, down 4.63%, 37.07% compared with the same period last year.

2、 Market analysis

Products:

Styrene market prices fell this week. On April 13, East China styrene closed at 5400 yuan / ton, and on April 17, it closed at 5150 yuan / ton, down 250 yuan / ton. The above price is Zhangjiagang’s export price. On April 13, South China styrene closed at 5300 yuan / ton, and on April 17, it closed near 5100 yuan / ton, down 200 yuan / ton. The delivery price of the above factories. Styrene in this port is lower than that in the earlier stage, and the port inventory is further digested. However, the operation rate of domestic styrene plants has not changed much and the supply is relatively stable. However, due to the low price of styrene in the early stage, downstream and traders have certain inventory, the demand for styrene will be weakened in the short term.

Industrial chain:

Upstream, crude oil prices fell sharply this week, down 11.63%. The price of pure benzene continued to rise slightly, up 3.4%. Ethylene rose first and then fell slightly, down 1.21%. However, the downstream side failed to continue the strong upward trend of last week, with PS slightly down 0.86%, EPS stable and ABS slightly up 1.37%. The operating rate of downstream enterprises increased slightly compared with last week, but the downstream factories have relatively stable stock of styrene, and the space for the subsequent operating rate of the factory is limited, which has limited positive impact on styrene.

Industry:

As a whole, the styrene market price fell this week, and the rising sentiment in the market dissipated. Most domestic enterprises reduced prices and promoted sales, and kept stable shipment. Downstream enterprises focused on just need to take goods, and the wait-and-see increased. Some of the market’s shippers made profits, and the market was full of bad news. At present, the market temporarily fell slightly.

3、 Future outlook

This week, the international oil price and energy continued to fall. In the short term, the price of styrene mainly fell, following the trend of international oil price. The market should pay more attention to the guidance of the trend of external market and bulk futures to the market.

1、 Price trend

According to the price monitoring of the business agency, the average price of the mainstream manufacturers on April 10 was 17833.33 yuan / ton, which was 18333.33 yuan / ton compared with the average price at the beginning of the week (6 days). This week’s market was weak and stable. On April 12, the R22 commodity index was 107.00, unchanged from yesterday, 3.60% lower than the highest point in the cycle, 111.00 (2020-02-24), and 28.30% higher than the lowest point, 83.40, on October 14, 2019. (Note: cycle refers to 2019-09-01 till now)

2、 Market analysis

Product: R22 in refrigerant market runs steadily this week. In the near future, the domestic terminal air conditioning has not been fully restored to work, the driving position is low, and the demand for refrigerants is not high. The market of hydrofluoric acid and chloroform at the raw material end is generally weak, which weakens the support for refrigerant R22 and moves down the market transaction center. However, most manufacturers have a strong sense of price support, and the overall market of refrigerant R22 is weak. According to the price monitoring of the business agency, as of April 10, the average price of refrigerant R22 is around 17833.33 yuan / ton, and the quotation is mostly concentrated around 17000 yuan / ton – 19000 yuan / ton, so the firm offer is negotiated.

Industry chain: this week, the price trend of hydrofluoric acid slightly declined. In recent years, the on-site manufacturers are not in good condition, some domestic manufacturers are restarted, the domestic spot supply of hydrofluoric acid is sufficient, the downstream demand is low, and the price trend of hydrofluoric acid market continues to decline. In recent years, the price of raw material fluorite has declined, the price of hydrofluoric acid market has been affected to some extent, and the price of hydrofluoric acid in China has declined. By the end of the week, the southern region The mainstream of hydrofluoric acid negotiation in the district is 9000-10500 yuan / ton, and the price of hydrofluoric acid in the northern market is 9500-11000 yuan / ton.

Industry: according to the price monitoring of the business agency, in the 14th week of 2020 (4.6-4.10), there are 28 kinds of commodities in the list of commodity price rise and fall in the chemical industry sector, including 13 kinds of commodities with an increase of more than 5%, accounting for 14.9% of the number of commodities monitored in the sector; the top three commodities are pure benzene (21.34%), crude benzene (20.34%) and acetone (15.79%). There are 28 kinds of commodities falling on a month on month basis, with 5 kinds of commodities falling by more than 5%, accounting for 5.7% of the number of commodities monitored in the sector; the top three products falling are ethylene (- 11.31%), butadiene (- 10.19%) and aniline (- 5.63%). This week’s average was up or down 1.05%.

3、 Future forecast

According to the refrigerant analyst of business club, at present, the market supply of refrigerant R22 is slightly loose, the downstream demand starts slowly, and the transaction focus moves down. It is expected that the refrigerant R22 will still be weak and stable in the short term.

1、 Price trend of propylene oxide:

(Figure: P value curve of propylene oxide product)

2、 Market analysis:

Product: the average price of propylene oxide enterprises as of the 13th was 9200 yuan / ton, up 21.05% compared with that of last Friday (April 10), according to the data in the bulk list of business agencies. On the 13th, the main quotation of propylene oxide Market in East China was around 8400-8600 yuan / ton, and that in Shandong was around 9400-9600 yuan / ton. On April 13, the propylene oxide commodity index was 57.26, up 9.96 points from yesterday, down 43.41% from 101.18 (2011-10-26), the highest point in the cycle, and up 37.31% from 41.70, the lowest point on January 25, 2016. (Note: cycle refers to 2011-09-01 to now)

Industrial chain: on April 13, the market price of propylene in Shandong Province was generally stable, and some enterprises increased sharply to make up the increase trend, but most of them are mainly stable today. Last month, the price of propylene in Shandong Province fell in shock. At the end of the month, it fell sharply again, with a monthly decline of more than 15%. On the first day, the price continued to decline by 100-200 yuan / ton, on the second day, it still declined by 50 yuan / ton, on the third day, the price of some enterprises slightly increased by 50-100 yuan / ton, after the Qingming period, the price of propylene steadily increased, on the seventh day, it began to rise by 100 yuan / ton, on the tenth day, it rose by 200-300 yuan / ton, and on the 11th day of Saturday, it was generally increased by more than 1000 yuan / ton, on the 12th day of Sunday, it continued to soar by 1000-5000 yuan / ton, on Monday After the sharp rise on weekends, the market may need to be digested, and the price remained unchanged on the 13th. Some of the companies with the sharp rise suspended their quotation today, and now the market transaction is still between 8000-12000 yuan / ton. On the 13th, the downstream polyether market, under the pressure of cost, was based on rational wait-and-see, waiting for market correction.

Industry: according to the price monitoring of the business agency, on April 13, 2020, in the list of commodity prices, there are 26 kinds of commodities in the chemical sector, including 9 kinds of commodities with an increase rate of more than 5%, accounting for 10.3% of the number of commodities monitored in the sector; the top three commodities are propylene (58.56%), acetone (27.27%) and propane (24.94%). There are 13 kinds of commodities falling on a month on month basis, with 2 kinds of commodities falling by more than 5%, accounting for 2.3% of the number of commodities monitored in the sector; the top 3 products falling are butadiene (- 8.62%), hydrogen peroxide (- 6.64%), and R22 (- 2.80%). This day, the average rise and fall was 2.13%.

3、 Future forecast:

According to the propylene oxide analyst of the business club, the raw material propylene has skyrocketed, the cost of propylene oxide plant is under pressure, some plant units have load reduction, downstream end users are all in conflict with high price raw materials, the actual trading is slow, and there is a strong wait-and-see atmosphere in the field. It is expected that in the short term, the propylene oxide market will be dominated by wait-and-see consolidation, and more attention should be paid to market news guidance.

1、 Price trend

According to the data of business agency, as of April 13, the average price of n-butanol was 5216 yuan / ton (including tax). Compared with the previous day (reference price 4516 yuan / ton on April 12), it increased by 700 yuan / ton, or more than 15%.

2、 Market analysis

Product: after the Qingming Festival in April, the domestic market of n-butanol has been steadily rising. The price of raw material propylene has been greatly increased at the end of last week, boosted by its strong support. During the weekend, the price of n-butanol has been greatly increased. At present, the load of many manufacturers is low, and the inventory of mainstream manufacturers has been significantly reduced. Affected by the surge of raw materials, the cost of manufacturers has increased and the pressure has increased. It is heard that some manufacturers have production reduction or parking plans At present, the supply of goods in the market is tight, and the situation of reluctant to sell is obvious. Some large factories in Shandong are waiting for the closing. At present, a small number of downstream replenishment mentality is positive, some of the downstream hold a wait-and-see attitude, and the overall market trading atmosphere is warmer than before. As of April 14, the reference quotation of n-butanol market in South China has risen to 6000-6400 yuan / ton, and that in Northwest China has reached 6250 yuan / ton. The quotation of n-butanol in North China of Wanhua Chemical Co., Ltd. is 6000 yuan / ton, that of n-butanol in East China is 6200 yuan / ton, and that of n-butanol in South China of Wanhua Chemical Co., Ltd. is 6400 yuan / ton. Compared with last week, the price of each region is up to 1500 yuan / ton.

Industrial chain: since April 3, the price of propylene has continued to rise. On the one hand, affected by the international situation, many countries have introduced production reduction policies to improve the crude oil market and increase the price of propylene. On the other hand, due to the impact of public health events, the price of melt blown cloth has skyrocketed, and its raw materials are mostly favorable. The modified special materials in PP are melt blown cloth raw materials, with obvious price rise. Now, PP futures continue to rise, and Friday’s trading market appears, which is of great benefit to propylene price. On April 12, the market price of propylene in the eastern region continued to soar. Once again, the daily price hike was generally over 1000 yuan / ton, an increase of 35.02%. Some enterprises even soared 5000 yuan / ton, an increase of nearly 100%. Last month, the price of propylene in Shandong Province fell in shock. At the end of the month, it fell sharply again, with a monthly decline of more than 15%. On the first day, the price continued to decline by 100-200 yuan / ton, and on the second day, it still declined by 50 yuan / ton. On the third day, the price of some enterprises increased by 50-100 yuan / ton. After the Qing Dynasty, the price of propylene increased steadily. On the seventh day, the price of propylene increased by 100 yuan / ton every day, and on the tenth day, it increased by 200-300 yuan / ton. On the 11th day of Saturday, the price of propylene increased by more than 1000 yuan / ton. On the 12th day of Sunday, it continued to soar by 1000-5000 yuan / ton. The market The deal has soared to 8000-12000 yuan / ton, and some manufacturers have suspended their offers. The upstream production reduction is good, the downstream procurement enthusiasm is good and the raw materials are in short supply. It is expected that the propylene price will still have a significant upward adjustment in recent days.

3、 Future forecast

Analysts of n-butanol, a business club, believe that due to the impact of the surge in raw propylene, it is expected that the focus of the domestic n-butanol market will be high and strong in recent days.

1、 Price trend

According to the data of business agency, as of April 10, the average price of n-butanol was 4483 yuan / ton (including tax). At present, compared with the reference price of 4300 yuan / ton a week ago, the reference average price has increased 183 yuan / ton, a decline of more than 4.26%.

2、 Market analysis

Products: since the beginning of April, the domestic n-butanol market has been in stable operation at a low level, and the market focus has not been shifted down. More orders are processed in the early stage, and new orders are generally closed before the festival. With the impact of the decline of propylene market, the purchasing atmosphere in the downstream market before the Qingming Festival slowed down, and more purchases are made on demand, mainly digesting raw materials in stock. After the Qingming Festival, the trading atmosphere in the n-butanol market has increased, the enthusiasm of downstream butyl users for purchasing low-cost goods in the market has slightly increased, and the sharp rise in the price of raw propylene has given the industry firm confidence in raising the price. This week, several large-scale companies in Shandong Province of n-butanol began to offer higher prices one after another. On the 10th of the 9th, downstream customers began to purchase in bulk, with more inquiries and stronger quotations from the spot market. Up to now (April 10), the market price of n-butanol in South China has been raised, and the ex factory quotation is about 4800-4900 yuan / ton; the market price of n-butanol in East China is stable, and the ex factory quotation is about 4700-4800 yuan / ton; the ex factory quotation of n-butanol in North China of Wanhua chemical is about 4500 yuan / ton, which is 200 yuan / ton higher than that before the festival, and the ex factory quotation of n-butanol in East China is about 4700 yuan / ton, The ex factory price of n-butanol in South China is 4900 yuan / ton, which is 200 yuan / ton higher than that before the festival; the ex factory price of n-butanol in Luxi Chemical Industry is 4750 yuan / ton, which is 250 yuan / ton higher than that before the festival.

Industrial chain: on April 9, the market price of propylene in Shandong Province rose steadily. Last month, the price of propylene in Shandong Province fell in shock. At the end of the month, it fell sharply again, with a monthly decline of more than 15%. On the first day, the price continued to decline by 100-200 yuan / ton. On the second day, it still declined by 50 yuan / ton. On the third day, the price of some enterprises increased by 50-100 yuan / ton. After the Qing Dynasty, the price of propylene increased steadily. On the seventh day, the price began to rise by 100 yuan / ton. At present, the market transaction has risen to 5700-5800 yuan / ton, and the mainstream price is about 5700 yuan / ton. Affected by the international situation, the international crude oil market last month repeatedly reported new lows, but the market continued to rise after a sharp fluctuation on the 2nd. Now, many countries may introduce production reduction policies to improve the crude oil market and increase the propylene price. In addition, PP futures rose significantly, and the downstream procurement enthusiasm is good. It is expected that propylene prices will continue to rise in recent days.

3、 Future forecast

According to analysts of n-butanol, the domestic market of n-butanol is affected by factors such as rising raw materials and gradual recovery of downstream demand. Therefore, it is expected that the market of n-butanol will continue to play a steady role in the near future.

1、 Price trend

Domestic methanol market rebounded and began to rise. According to the price monitoring of business agency, the average price of domestic methanol market on April 1 was 1600 yuan / ton, and the price of domestic methanol market on April 8 was 1715 yuan / ton, an increase of 7.19%. Compared with the same period last month, the price fell 13.38% month on month and 29.37% year on year.

2、 Market analysis

Products: the international oil price has been revised back again, and some MTOs have been overhauled. The attitude of the operators is different. Some upstream enterprises in Shaanxi and Mongolia raised their selling prices to 1450 or above, and some downstream buyers were cautious. Methanol market in North China rose and trading was fair. Shandong central Shandong Province delivered 30-50 yuan / ton at 1660-1710 yuan / ton, and Lunan reported an increase of 60-70 yuan / ton to 1630 yuan / ton near cash exchange, with higher plate surface, as well as load reduction or planned shutdown of some devices, the mentality of the operators was supported. Methanol market in Northwest China rose with a good trading atmosphere. The northwest region did not issue the guidance price this week, and some factories in the north line of Inner Mongolia reported to increase to 1460 yuan / ton ex factory spot exchange, and the shipment was to be observed.

Industry chain: formaldehyde: the domestic formaldehyde market is rising steadily, with an increase of 50-80 yuan / ton. The main production area of upstream methanol market delivered good products last week, and the price continued to rise this week. In the upstream methanol one after another, driven by the upward trend, the formaldehyde market has gradually strengthened the atmosphere. In Shandong Province, some enterprises carry out short-term safety inspection, and their inventory is limited. The atmosphere of on-site trading is still general, and the buying mood is slightly rational.

Acetic acid: the decline of domestic acetic acid market continued. During the holiday period, spot manufacturers continued to adjust prices, driving the market to trade lower today. At present, the domestic acetic acid plant production is stable, the stock quantity of each manufacturer is high, the market demand continues to be rational, the situation that the supply exceeds the demand in acetic acid market is bad is difficult to ease, and the market is in a passive stage of weak continuation.

Dimethyl ether: the price of domestic dimethyl ether is stable and bullish, and the price of main production areas is rising obviously. At present, the quotation in Henan Province is 2590-3000 yuan / ton, and the terminal purchase mentality is relatively positive. In recent days, crude oil prices rebounded, providing support for LPG prices. After the terminal continued to wait and see, there was a certain demand for replenishment. However, xinlianxin and BMW’s low-load production led to a decrease in market supply, resulting in a situation in which some enterprises’ supply of goods fell short of demand. The price of dimethyl ether was stable and hard, and the prices in Henan’s main production areas were increased in varying degrees.

3、 Future forecast

Business club point of view: on the positive side, the domestic methanol price continued to fall, some of which fell to the cost line, and some of the factories have lost money. The inventory pressure of most factories in the main production area is not large, and the purchase of purchased olefins is relatively considerable. On the negative side, overseas public security incidents triggered market concerns. The trend of international crude oil, finance and stock market was weak, and market participants were worried about it. Port demand was limited, and the arrival of inventory was stable, but the unloading speed was slow due to the shortage of storage capacity. After Iran’s gas limit was eased, methanol production increased, and it is expected to arrive in China in early April. There is still a relatively centralized plan for import cargo, and the port tank capacity is too tight, so it is not ruled out that some cargo may arrive later. The methanol analysts of the business agency expect that the domestic methanol market will rebound slightly in the short term, and the port will tend to be weak and volatile.

According to statistics, the price trend of domestic hydrofluoric acid fell sharply this week. As of the end of the week, the price was 10850 yuan / ton, down 5.82% from 11520 yuan / ton at the beginning of the week, up 4.24% year on year.

Products: this week, the price trend of hydrofluoric acid dropped sharply. In the near future, the on-site manufacturers are in poor condition. Some domestic manufacturers are restarted. The domestic spot supply of hydrofluoric acid is sufficient, the purchasing demand is low, and the price trend of hydrofluoric acid market is falling. In the near future, the price of raw material fluorite is falling. The market price of hydrofluoric acid is affected to some extent, and the price trend of domestic hydrofluoric acid is falling. By the end of the week, the southern region The mainstream of hydrofluoric acid negotiation is 9500-10500 yuan / ton, and the price of hydrofluoric acid in the northern market is 10000-11000 yuan / ton. In recent years, the price of hydrofluoric acid Market in China has declined. In recent years, the demand of downstream refrigerant industry is relatively poor. The downstream refrigerant industry has strong resistance to high price raw materials. In addition, the demand of downstream has dropped significantly. The price of hydrofluoric acid market has decreased, and the price of hydrofluoric acid market has dropped significantly.

Industry chain: the price of fluorite in the upstream of hydrofluoric acid fell sharply this week. By the end of the week, the factory price of fluorite was 3155.56 yuan / ton. The domestic supply of fluorite was sufficient, and the price trend of fluorite fell by 4.05%. The fall of upstream cost price had a negative impact on the hydrofluoric acid market, and the affected price of hydrofluoric acid market fell. In recent years, the sales of automobile industry has been in a downturn, the market trend of refrigerant downstream of the terminal is poor, the demand for refrigerant has been declining, the domestic R22 supply is sufficient, the domestic market price trend of refrigerant R22 has fallen, the starting load of the manufacturer’s production device is still not high, the supply of goods in the market is normal, the downstream air-conditioning manufacturer stops more, and the demand changes little, in addition to foreign public health affairs The main price of domestic large enterprises is 16000-18000 yuan / ton. The price trend of R134a market in China is declining, and the unit operation rate of production enterprises remains low. At present, the downstream operation is not high, and the demand for R134a is cold. In the near future, the downstream industry purchase is not active, and the price drops slightly. The downstream demand is poor, and the price trend of hydrofluoric acid market drops sharply.

Industry: this week, the upstream raw material fluorite and hydrofluoric acid market has sufficient spot supply. In addition, the downstream refrigerant industry is not active in purchasing, and the price trend of hydrofluoric acid market has dropped.

In the near future, the operating rate of domestic refrigerant units is at a low level. For the demand of hydrofluoric acid market, the demand for hydrofluoric acid is purchased on demand. The spot supply of hydrofluoric acid is sufficient in the field. In addition, the market price of raw material fluorite falls in the near future. Chen Ling, an analyst of hydrofluoric acid in the business agency, thinks that the market price of hydrofluoric acid may continue to fall next week.

1、 Price trend

Price: the mainstream price of GPPS is 7100-8800 yuan / ton, and the mainstream price of HIPS is 8300-10200 yuan / ton.

2、 Market analysis

PS market trend was light, with some quotations down. At present, the downstream continues to purchase on demand, and the overall market trading performance is poor. Businesses are short of the market, and the actual operation is more stable and lower.

3、 Future forecast

PS market is generally stable, downstream buyers demand is not high, in the case of low shipments, adhere to short-term prudent operation. On the other hand, due to the continuous reduction of some petrochemical ex factory offers, the support of the spot market is insufficient. PS market is still expected to adjust downward.

1、 Price trend

According to the data of the commodity list of the business association, the average price of formaldehyde in Shandong Province on March 30 was 956.67 yuan / ton, and the average price of formaldehyde in Shandong Province on April 2 was 860.00 yuan / ton, down 10.10%. The current price is down 44.52% year on year.

2、 Market analysis

Products: Recently, the price of formaldehyde in the domestic market has fallen. As of April 2, the main factory quotation in Hebei is about 835 yuan / ton, that in Shandong is 775 yuan / ton, and that in Jiangsu is 1100 yuan / ton. The annual output of 120000 tons formaldehyde plant in Linyi Yinhe, Shandong Province has been restarted, with the formaldehyde content of 36.7-37%. Linyi Jinyuan Chemical Co., Ltd. has two formaldehyde production lines with an annual production capacity of 80000 tons and formaldehyde content of 37%, which have been restarted. The formaldehyde market has sufficient supply of goods, and the trading atmosphere is light. Formaldehyde manufacturers are actively selling goods, and the price continues to fall.

Industry chain: upstream methanol situation: domestic methanol price continues to decline, part of which falls near the cost line, and some factories have lost money; most factories in the main production area have little inventory pressure, which has been tentatively pushed up in the near future. Due to the impact of public health events on the demand in the downstream market, although it is close to Qingming, there is no hoarding. The procurement is mainly on demand and the overall transaction is light. Formaldehyde enterprises have lowered their prices, and the market has declined all the way.

3、 Future forecast

Recently, the upstream methanol fell to a low level and the cost side fell. In addition, the demand of the downstream plate enterprises was poor, and the market transaction was light. Therefore, the formaldehyde analyst of the chemical branch of the business society predicted that the domestic formaldehyde price or low level consolidation was the main trend in the near future.

On March 31, the domestic polysilicon market was weak and stable, and the price of polycrystalline dense materials maintained the price level of the previous trading day, which was affected by the epidemic. In terms of supply, the operation rate of the manufacturer is on the high side. As of March 31, there are 1 domestic polysilicon manufacturer for load reduction operation and 1 maintenance manufacturer, mainly for stable supply. In terms of downstream demand, the purchase demand is further shrinking, and the export orders of components are significantly shrinking, so the market price at the end of the month is still low, and the market mostly implements the previous order price. According to the monitoring of the business agency, the main domestic transaction price of polysilicon with the model of primary solar material is 53000-55000 yuan / ton.

In the future, the business community believes that at present, the supply and demand of polysilicon is stable, and the lack of demand in the later period may lead to the increase of supply pressure. On the one hand, the domestic enterprises gradually resume work, and the downstream operation rate slightly increases. The domestic enterprises maintain a high operation rate, but the demand side faces a high risk. If the export of polysilicon downstream components is affected to some extent, the overseas epidemic trend is increasingly severe, and in the future The export will still bring many challenges. It is expected that polysilicon will still be weak in the near future, with little possibility of rebound.

According to statistics, in March, the price trend of domestic hydrofluoric acid was “first to improve, then to suppress”. At the beginning of the month, the price rose, but at the end of the month, the market price of hydrofluoric acid fell. As of the end of the month, the price was 11320 yuan / ton, 1.98% higher than the price trend of 11100 yuan / ton at the beginning of the month, 5.06% higher than the same period last year.

Products: in March, the price trend of hydrofluoric acid slightly increased, the price trend was first improved, then suppressed, and the price rose at the beginning of the month, but at the end of the month, the market price of hydrofluoric acid fell. Overall, the market price of hydrofluoric acid still rose. In the near future, the stock supply of hydrofluoric acid in China is normal, but the demand of downstream refrigerant industry is poor, and the market price of hydrofluoric acid surged The price of hydrofluoric acid market was affected by certain negative effects due to the fall of raw material fluorite price. By the end of March, the price of hydrofluoric acid in southern China had declined. By the end of the month, the mainstream of hydrofluoric acid negotiation was 10000-11500 yuan / ton, and the price of hydrofluoric acid in northern China was 10000-11000 yuan / ton. Recently, the price of hydrofluoric acid in the domestic market surged and fell. In the near future, the downstream refrigerant industry purchased on demand, and the hydrofluoric acid manufacturers shipped generally. Some manufacturers reported that the price had a downward trend in the near future. By the end of the month, the mainstream of hydrofluoric acid negotiation in Fujian Province was about 10000-11000 yuan / ton, that in Shandong Province was 10500-11500 yuan / ton, that in Jiangxi Province was 10500-11500 yuan / ton, and that in Inner Mongolia was 9500-10500 yuan / ton. As a whole, the market price of hydrofluoric acid rose slightly in March.

Industry chain: in March, the price of fluorite in the upstream of hydrofluoric acid increased slightly. As of the end of the month, the ex factory price of fluorite was 3266.67 yuan / ton, with an increase of 4.26% in March. The supply of domestic fluorite was normal, and the price of fluorite still increased. The increase of upstream cost price had a certain impact on the cost support of hydrofluoric acid market, and the price of hydrofluoric acid stone increased slightly. In the near future, the trading trend of the downstream refrigerant market of the terminal is temporarily stable. At present, the domestic R22 supply is normal, the domestic R22 market price trend is temporarily stable, the starting load of the manufacturer’s production device is still not high, the market supply of goods is general, the downstream air conditioning manufacturer stops more, the demand changes little, and the price mainstream of the domestic large enterprises maintains the level of 16000-18000 yuan / ton. The price trend of domestic R134a market is temporarily stable, and the unit operation rate of production enterprises remains at a low level. At present, the downstream operation is not high, and the demand for R134a is general. Recently, the downstream industry is in a strong mood of resisting high prices, which has affected the price of domestic hydrofluoric acid market at the end of the month. However, in the first ten days of March, the price of hydrofluoric acid rose by a large margin. In a comprehensive view, the price trend of hydrofluoric acid market rose by a small margin.

Industry: in March, the spot supply of upstream raw materials fluorite and hydrofluoric acid market was normal. In addition, the downstream refrigerant industry purchased on demand, the price trend of hydrofluoric acid market rose slightly.

In the near future, the operation rate of domestic refrigerant units has remained low, and the demand for hydrofluoric acid market is on demand. The downstream has strong sentiment of resisting high price raw materials, and the price of fluorite is slightly lower. Chen Ling, an hydrofluoric acid analyst at the business association, thinks that the market price of hydrofluoric acid may fall in April.