According to the data monitored by the business community, as of July 6, the comprehensive price of PC market was 23375.00 yuan / ton. The price of PC has been running at a high level in the near future, and the price has risen slightly. The manufacturers are active in shipping, the logistics is smooth, and it will remain stable in the short term.

The overall market price of PC has slightly increased, the focus of negotiation is relatively high, and the PC market mainly fluctuates at a high level. At present, the supply side is normal, the downstream demand is general, and the upstream bisphenol A has increased steadily, with the price range of 21000-21200 yuan / ton. The market has a strong wait-and-see atmosphere and is mainly stable in the short term.

On July 5, the commodity index of bisphenol A was 199.05, unchanged from yesterday, down 29.71% from 283.19 (2021-04-16), the highest point in the cycle, and up 176.11% from 72.09, the lowest point on April 6, 2020（ Note: period refers to the period from March 1, 2020 to the present

Business community PC analysts believe that: PC in the short term to maintain a steady rise in operation（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.

Domestic BDO spot supply is still tight, and the focus of discussion continues to explore. At present, factory delivery contracts and early orders are dominant, spot control supply continues, and new single offer is rarely heard. Traders have limited sources of goods and are reluctant to sell. Some bulls have a strong atmosphere of speculation and offer higher end. According to the sample data monitored by the business association, as of July 5, the average price of domestic BDO producers was 18075 yuan / ton, with a month on month decrease of 7.78% and a year-on-year increase of 129.38%. In terms of market price, the mainstream negotiation of spot bulk water in East China is 18000-18500 yuan / ton, while the mainstream negotiation of spot bulk water in South China is 18000-19000 yuan / ton.

Recently, some factories released maintenance news from July to August, and the main delivery contract orders, spot control supply, the main traders hold limited sources of goods, are reluctant to sell, mainly deliver early orders, and offer few new orders. Some bulls continued to speculate, while the middle and lower reaches continued to chase up and replenish their positions. The focus of the talks was on the top.

For the installation, lanshantunhe is scheduled to be overhauled for one month on July 25; Maintenance plan of Xinjiang Meike phase II in July; Xinjiang Xinye plans to stop for 20 days on July 25; Dongyuan plans to replace the catalyst from July 20 to 30.

The factory continues to control the pace of shipment, the supply side has a certain advantage, and the main manufacturers are reluctant to sell and report high. At the same time, the transmission strength of downstream industries such as PTMEG and GBL is acceptable, which supports the operators’ trading mentality. BDO business analysts expect that the domestic BDO market will continue to rise in the short term.

In June, the domestic butadiene market continued the upward trend. The price of butadiene in China rose to a new high in the year, driven by the continued high rise of the external market. According to the sample data monitored by the business community, the domestic butadiene market price was 7458 yuan / ton at the beginning of the month, and 8852 yuan / ton at the end of the month, with an increase of 18.68% in the month, a year-on-year increase of 156.09%, and a maximum amplitude of 46.16% in the first half of the year.

In June, the domestic butadiene market continued the upward trend. During the month, the delayed start-up of phase II plant of Zhejiang Petrochemical Co., Ltd., the unexpected situation of Shanghai Petrochemical Co., Ltd. and Quanzhou Petrochemical Co., Ltd., as well as the supply side news such as domestic exports of goods all gave obvious support to the market. The price of butadiene in China rose to a new high in the year, driven by the continued high rise of the external market. Although the downstream synthetic rubber market rose slightly, the terminal performance was not good. The butadiene market rose without the continuous support of downstream demand. In the middle and late ten days, with the butadiene industry reaching a high level, the transaction of some high price sources was gradually weak; In addition, affected by the policy, the downstream construction was not good at the end of the month, and the transportation in some areas was limited, the market trading was gradually weakening, and the market performance stopped rising and consolidation.

In terms of enterprises, the supply price of butadiene in Sinopec’s sales companies increased by 1300-1800 yuan / ton month on month, and 8800-9300 yuan / ton as of June 30; Nanjing Chengzhi 100 kt / a butadiene oxidative dehydrogenation unit was put into operation on June 17 after restart; LG of South Korea added 130000t / a butadiene plant, which was put into operation within a month and is now in stable operation.

As of July 2, the factory quotations of some domestic butadiene manufacturers are as follows:

enterprise ., Price (yuan / ton)%, plant dynamic

Liaoyang Petrochemical 8960 yuan / ton Stable operation of 30000 T / a butadiene plant

Dalian Hengli 9110 yuan / ton 140000t / a butadiene plant operates stably, and the source of goods is normal for export

Liaotong chemical 9010 yuan / ton 130 tons of goods for export

Fushun Petrochemical No export Normal operation of 160000 T / a butadiene extraction unit

Jiutai, Inner Mongolia / The 70 kt / a oxidative dehydrogenation unit has been shut down for maintenance since April 12 and is expected to last about 20-30 days

Sipang, Jiangsu Province nine thousand and four hundred Stable operation of 100 kt / a butadiene oxidative dehydrogenation unit

Zhenhai Refining & Chemical Co., Ltd nine thousand Normal operation of 165000 T / a plant

Shanghai Petrochemical nine thousand Normal operation of 120000 T / a plant

Yangzi Petrochemical nine thousand Normal operation of 120000 T / a plant

Sinopec nine thousand The 200000 t / a plant is in normal operation and mainly supplied by each other

Maoming Petrochemical eight thousand nine hundred and fifty 150000 T / a plant is in normal operation, mainly for mutual supply and a small amount for export

Guangzhou Petrochemical nine thousand The 30000 T / a plant is in normal operation, mainly for mutual supply and a small amount for export

Wuhan ethylene nine thousand and three hundred 190kt / a extraction unit operates stably, mainly for mutual supply and a small amount for export

External price: as of July 1, the external price of butadiene in Asia was stable: FOB Korea closed at US $1365-1375 / T; CFR China closed at US $1305-1315 per ton. The external price of butadiene in Europe was stable: FOB Rotterdam closed at US $1795-1805 / T; FD northwest Europe closed at 1345-1355 euros / ton.

region ., Country. Closing price. Up and down

Asia FOB Korea 1365-1375 USD / T 0 USD / ton

Asia CFR China 1305-1315 USD / T 0 USD / ton

Europe FOB Rotterdam 1795-1805 USD / T 0 USD / ton

Europe FD northwest Europe 1345-1355 euro / ton 0 euro / ton

In the short term, the domestic butadiene market is still driven by the external market. Supported by the high external market, the domestic market may fluctuate at a high level at the end of June and the first half of July. However, under the pressure of terminal demand, the upward momentum of the market is slightly insufficient. Business community butadiene analysts expect that short-term domestic butadiene market high consolidation.

1、 Price trend

According to the price chart of business agency, as of June 30, 2021, the domestic reference price of acrylonitrile remained 14820.00 yuan / ton, which was the same as that of the previous working day, falling 0.74% compared with the previous Wednesday, and 3.64% higher than that on May 30

2、 Market analysis

4. In May, acrylonitrile was in a downward trend of oscillation, with a downward range of about 13%; In June, the attitude of rapid rise in the first half of June was 3.87%, while the next half of the month was down slightly, down 1.47%. With the centennial celebration of the party building, many environmental protection and production restrictions have been made in recent years. Apart from Jilin Petrochemical overhaul, most manufacturers’ production units are in medium and high load operation this week, among which Daqing Petrochemical, Daqing Refining and chemical industry, Shandong kerur, Shanghai Secco and Lanzhou Petrochemical have reached 100% and Anqing Petrochemical has reached 103%. There is no shortage of difficult goods to take, the pressure of the manufacturer’s inventory is too small, and the basic supply and demand is still stable; But the market users demand generally, and the trading atmosphere is light; The upstream cost support is general, and the downstream driving effect is not strong, so the upward range of acrylonitrile is not large and the sustainability is not strong, and the price is temporarily stable after being shaken.

upper reaches:

According to the price map of the business agency, the propylene market in Shandong Province has been in a volatile downward trend, and the market transaction rose to between 7600 yuan and 7900 yuan / ton, and the mainstream price was about 7900 yuan / ton. The price of mainstream manufacturers remained unchanged, and the low-end prices increased. The propene market is expected to stabilize or rise in the near future.

Downstream:

NBR overall showed a trend of rising first and then falling, and the market continued to stabilize after falling to 20900 yuan / T. Analysts from business society believe that the supply side is relatively low, and the price has fallen sharply in the early stage, and the NBR market is expected to be stable in the later period.

According to the data of the large list of business agencies, the spot price of ABS in early June was weak and the spot price was generally down. The trend of raw materials is different, ABS cost end support is general. At present, it is in the off-season of ABS industry, the demand of end-users shrinks, and the resistance of enterprises and businesses to ship is increasing. ABS analysts of business agency think that the recent ABS spot market may continue to be short.

According to the data of business society, the polyacrylamide commodity index on June 28 was 88.35, which was flat with yesterday, down 17.53% from 107.13 points (may 08, 2019), which was the highest point in the cycle, and 6.59% higher than the lowest point of 82.89 on August 02, 2020（ Note: the cycle refers to April 1, 2019 to now) business analyst thinks that since the second quarter, the factory has resumed normal construction, sufficient supply, no obvious change in demand and no action in the market. The effect of the price change of LPG is not reflected correctly. Polyacrylamide market is weak, and the market will not change significantly in the short term; But if crude oil continues to rise obviously, the polyacrylamide market, as an indirect downstream, may be reflected in the day.

3、 Future forecast

The analysis of acrylonitrile in business agency thinks: the market of acrylonitrile is stable after the market shock finishing, and the upstream propylene market is in a volatile manner; ABS is weak in downstream; NBR is stable; Polyacrylamide market is flat; The trading atmosphere of acrylonitrile market is general, and the demand of downstream users is general, and it may be slightly shaken in the near future, and it is mainly stable.

Product Name: diammonium phosphate

Latest price: 3316 yuan / ton

Commodity index: diammonium phosphate commodity index on June 30 was 98.93, which was the same as yesterday, decreased by 3.93% compared with the highest point of 102.98 (2011-10-08) in the cycle, and increased by 54.60% compared with the lowest point of 63.99 on June 30, 2020（ Note: period refers to the period from September 1, 2011 to now

Key points of analysis: according to the monitoring of business society, the price of DAP is stable at present. The domestic demand for diammonium is flat, and the downstream compound fertilizer enterprises start low and purchase on demand. DAP export volume is large, foreign market demand is good, and market enthusiasm is high.

Future forecast: diammonium phosphate is expected to run smoothly in the short term.

According to the data of the commodity list of the business society, the market price of formaldehyde in Shandong has risen recently. On the 27th, the average price of formaldehyde in Shandong was 1317.50 yuan / ton, and on the 28th, the average price of formaldehyde in Shandong was 1370.00 yuan / ton, up 3.98%. The current price has dropped by 3.59% on a month on month basis, and the current price has increased by 58.69% on a year-on-year basis.

Recently, the domestic formaldehyde market price rose. As of June 28, the mainstream market price in eastern Shandong was 1330-1400 yuan / ton. Recently, the trading atmosphere of formaldehyde market is acceptable, the transaction situation is relatively good, and the formaldehyde market shows a fluctuating upward trend.

Upstream methanol situation: methanol market is mainly rising, and part of the methanol market in southern Shandong is sold to 2420-2430 yuan / ton in cash, while small orders are mainly sold. The transaction price of methanol market in Shandong Luzhong area is about 2370-2390 yuan / ton, which is sent to the spot exchange. The transaction situation is general, so we have to wait and see. Shandong methanol Lubei market transaction price is generally small, rising at 2350-2370 yuan / ton to cash, transaction situation is general, wait and see. Methanol market rose, the overall trading atmosphere is good. Strong support for formaldehyde.

At present, Shandong plate factory started better, strong demand, led to the rise of formaldehyde market. At present, the atmosphere of Shandong formaldehyde trading market is positive, the transaction is excellent, the atmosphere of formaldehyde manufacturers is strong, and the focus of formaldehyde market is constantly moving up.

Recently, the upstream raw material methanol market showed an upward trend, the downstream plate factory started actively, and accepted the formaldehyde market well. Therefore, the formaldehyde analyst of business society chemical branch predicted that the recent price of formaldehyde in Shandong was mainly rising.

1、 Price trend

According to the data of the business club’s block list, on June 21, the average ex factory price of 55 powdered monoammonium was 2616 yuan / ton, and on June 27, the average ex factory price of 2800 yuan / ton, up 7.01% this week.

According to the data of the business club’s block list, on June 21, the average ex factory price of 64% granular diammonium was 3316 yuan / ton, and on June 27, the average ex factory price of 64% granular diammonium was 3316 yuan / ton, which was stable this week.

2、 Market analysis

The price of map rose this week. At present, most of monoammonium phosphate enterprises execute the early orders, and the waiting quantity is large, and a small number of them accept new orders. The ex factory price of 55% powdered ammonium is 3000-3200 yuan / ton, and the ex factory price of 58% powdered ammonium is about 3200 yuan / ton. On Monday, the operating rate of ammonium enterprises was about 67%, down from last week. Some enterprises are still in the process of shutdown and maintenance.

The price of DAP was stable this week. Domestic demand is flat, foreign market is good, and the supply of goods is relatively small. Most enterprises offer suspended, the actual transaction can be discussed. On Tuesday, the operating rate of ammonium enterprises was about 50%, down from last week. Some enterprises are in the process of shutdown and maintenance.

As of June 27, the average reference price of 30% grade phosphate ore in mainstream areas of China was around 526 yuan / ton, up 3.27% compared with June 21. The downstream compound fertilizer enterprises purchase raw material ammonium phosphate on demand, and the trading volume is acceptable.

3、 Future forecast

Business analysts believe that the current ammonium phosphate raw materials rise again, tight supply, prices easy to rise difficult to fall. Most domestic quotation of DAP is suspended and export market is good. It is expected that in the short term, the price of monoammonium phosphate will be high and firm, while the market of diammonium phosphate will continue to run smoothly.

According to the data monitored by the business agency, the average ex factory tax price of domestic light potassium carbonate was 6720.00 yuan / ton at the beginning of the week, and the average ex factory tax price of domestic light potassium carbonate was 6910.00 yuan / ton at the end of the week, up 2.83%. The current price is up 2.83% month on month, and the current price is up 11.23% year on year.

Recently, the domestic potash market is rising. The potash market is in short supply, most of which are concentrated in the hands of large traders. They are reluctant to sell. The new orders in the market are limited, and there is no market in some areas. Potassium carbonate continued to rise. According to the statistics of the business society, the mainstream ex factory quotation range of domestic industrial grade potassium carbonate this week is about 6600-7500 yuan / ton (the quotation is for reference only), and the quotation is different according to the different procurement situation.

Recently, the quotation of potassium chloride mainstream manufacturers is at the peak: on June 24, the potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operated normally. The ex factory quotation is about 2450 yuan / ton, the quotation is temporarily stable, and the actual transaction price is mainly through negotiation. On June 24, the potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operated normally. The ex factory quotation is about 2450 yuan / ton, the quotation is temporarily stable, and the actual transaction price is mainly through negotiation. Recently, after a round of rise, the potassium chloride market has been temporarily consolidated at a high level, the port inventory is tight, the shipping speed of traders is relatively slow, and the price remains high.

Potassium carbonate analysts of business news agency believe that the domestic potassium chloride market supply continues to be tight in the near future, and the supply of imported potassium is limited. It is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to wait and see（ The above prices are provided by the main manufacturers of potassium nitrate all over the country and sorted out and analyzed by the potassium carbonate analysts of the business society. They are for reference only. For more price details, please contact the relevant manufacturers for consultation).

Adipic acid market trend chart

According to the monitoring of the business community, this week (6.21-25), the domestic adipic acid price was weak and stable. After the market decline in May, the current price was stable at 10000 yuan. The main reason for the weak market rise was that the adipic acid supply pressure increased, the demand was relatively weak, and the price lost support. According to the business news agency, the price of adipic acid in East China rose or fell by 0 this week. At present, the price range of adipic acid is 10000-10200 yuan / ton.

In terms of market supply, this week, adipic acid maintained a high level of operating rate, manufacturers’ inventory pressure was gradually emerging, enterprises reduced prices in the early stage, and now the price basically returned to the equilibrium point. As the market entered the off-season, the speed of delivery decreased significantly. From the point of view of dealers, the market inventory pressure is still large, the market is in the process of destocking, and some dealers give up profits to ship.

Pure benzene market trend chart

In terms of cost, the trend of pure benzene and adipic acid is quite different this week, and they have deviated from each other since the middle of June. According to the monitoring of business society, the price of pure benzene has increased by 2.32% as of this week, but the rising cost has not driven the price of adipic acid to warm up. On the one hand, the profit of adipic acid manufacturers is still in a reasonable range; More importantly, weak downstream demand is the main reason why adipic acid is difficult to get out of the predicament.

PA66 market trend chart

As far as downstream demand is concerned, from the perspective of downstream PA66 of adipic acid, PA66 has been in a slump since April. According to the monitoring of business society, the market of PA66 has not improved since June. As of the 25th, the monthly decline of PA66 is 1.90%. The weak downstream demand has obvious impact on adipic acid.

In the later stage, the business community believes that the supply pressure of adipic acid is still strong, the market is still in the cycle of destocking, and the upward pressure on the price is still large. However, at present, the price of adipic acid has been stable for nearly a month, and the downward space is not large. It is expected that it will remain weak and stable in the near future.

On June 21, international oil prices rose sharply, and the settlement price of main contracts in WTI crude oil futures market in the United States was $73.12/barrel, up $1.48 or 2.07%. Brent crude oil futures market main contract settlement price at $74.90/barrel, up $1.39 or 1.90%. WTI and Brent crude oil have set a record high since October 2018. Confidence in sustained economic recovery and strong demand growth, and the expected delay in the resumption of U.S. – Iran nuclear talks in the presidential election in Iran may signal a delay in the return of Iranian supply to the market. On the macro level, the previous Hawks’ suggestion about the Fed’s interest rate hike gradually dissipated, market sentiment improved, US stock market rebounded sharply on Monday, the dollar continued to weaken, and benefited from risky assets such as crude oil denominated in US dollars.

On the basic aspect of supply and demand, oil prices are still positive, and as of the 21st, oil prices have risen for two consecutive days. Previously, OPEC officials have publicly said that the US oil production is expected to increase by about 200000 barrels / day this year and that in 2022, oil production will increase by 500000-1.3 million barrels / day. The conservative forecast of limited oil growth has brought the oil price rise momentum. The market gives positive feedback to OPEC to control oil price by adjusting supply volume, and the oil price has risen significantly on Friday.

It is doubtful that the restart of the Iraq nuclear agreement will bring great benefits to oil prices in the short term. In the presidential election of Iran, Laixi, the hardcore leader, won the election with a vote rate of 62%, becoming the new president of Iran. Because the market generally expects that the government in this field is relatively tough, it may affect the further reaching of the Iran nuclear agreement. Talks to restart Iran’s nuclear deal were suspended on Sunday after Mr. Reich won the presidential election, according to the latest news. It is reported that the consultation is expected to be suspended for about 10 days. The progress of relevant consultations needs to be continued in the later period.

There are signs that fuel demand is still recovering continuously. North America’s driving peak season boosted fuel demand. Goldman Sachs expects crude oil consumption to reach 9.9 million barrels / day in August, and 97million barrels / day in the near future. The optimistic forward-looking analysis of institutions also brings positive effects on the market. In addition, the EIA prospective survey on Monday showed that U.

Crude oil analysts of business agency believe that the short-term oil price rise is strong, on the one hand, it is guided by good news from supply and demand, and on the other hand, the market is still confident about the future. But the current high oil price also means the accumulation of risk, and the short-term risk point is the progress of the Iraq nuclear agreement. In the medium and long term, the epidemic is still the key point of risk. The attendance rate of Tokyo Olympic Games is set to halve, the UK continues the blockade policy in some areas, the emergence of variant viruses and so on. All these factors may set obstacles for the upstream of crude oil. The future market needs to be cautious and optimistic.

Domestic cobalt prices have been rising

According to the data monitoring of business society, the cobalt price has been rising for three days since June 17, and as of June 22, the cobalt price was 354666.66 yuan / ton, up 3.50% from the price of 342666.66 yuan / ton on June 17. In June, the domestic cobalt price continued to decline, while the domestic cobalt market was weak, but the international cobalt price has been rising continuously in recent years, which stimulated the domestic cobalt market to rebound and the cobalt price rose again.

International cobalt prices have been rising continuously

From the trend chart of cobalt price in LME market, the international cobalt market has reached the bottom in recent years, and the cobalt price has been rising continuously. The rising international cobalt Market stimulates the domestic cobalt market to recover and the domestic cobalt price rises more. From the trend of MB cobalt price, cobalt price rose continuously in June, cobalt price rose for 5 consecutive trading days since June 14, and the international cobalt market rose to activate the domestic cobalt market.

time Category specification minimum price Up and down Highest price Up and down Company

June 1, 2021 Standard cobalt twenty 0 twenty point five 0 USD / pound

June 1, 2021 Alloy grade cobalt nineteen point nine 0 twenty point four 0 USD / pound

June 2, 2021 Standard cobalt nineteen point nine – zero point one twenty point five 0 USD / pound

June 2, 2021 Alloy grade cobalt nineteen point nine 0 twenty point four 0 USD / pound

June 3, 2021 Standard cobalt nineteen point eight – zero point one twenty point six zero point one USD / pound

June 3, 2021 Alloy grade cobalt nineteen point nine 0 twenty point four 0 USD / pound

June 4, 2021 Standard cobalt nineteen point eight 0 twenty point six 0 USD / pound

June 4, 2021 Alloy grade cobalt twenty zero point one twenty point five zero point one USD / pound

June 7, 2021 Standard cobalt nineteen point eight 0 twenty point six 0 USD / pound

June 7, 2021 Alloy grade cobalt twenty 0 twenty point five 0 USD / pound

June 8, 2021 Standard cobalt nineteen point eight 0 twenty point six 0 USD / pound

June 8, 2021 Alloy grade cobalt twenty 0 twenty point five 0 USD / pound

June 9, 2021 Standard cobalt nineteen point eight 0 twenty point six 0 USD / pound

June 9, 2021 Alloy grade cobalt twenty 0 twenty point five 0 USD / pound

June 10, 2021 Standard cobalt nineteen point eight 0 twenty point six 0 USD / pound

June 10, 2021 Alloy grade cobalt twenty 0 twenty point five 0 USD / pound

June 11, 2021 Standard cobalt nineteen point eight 0 twenty point five 0 USD / pound

June 11, 2021 Alloy grade cobalt twenty 0 twenty point six zero point one USD / pound

June 14, 2021 Standard cobalt twenty zero point two twenty point six five zero point one five USD / pound

June 14, 2021 Alloy grade cobalt twenty 0 twenty point six 0 USD / pound

June 15, 2021 Standard cobalt twenty 0 twenty point six five 0 USD / pound

June 15, 2021 Alloy grade cobalt twenty 0 twenty point six 0 USD / pound

June 16, 2021 Standard cobalt twenty point one zero point one twenty point seven zero point zero five USD / pound

June 16, 2021 Alloy grade cobalt twenty point one zero point one twenty point seven zero point one USD / pound

June 17, 2021 Standard cobalt twenty point two zero point one twenty point nine five zero point two five USD / pound

June 17, 2021 Alloy grade cobalt twenty point two zero point one twenty point nine five zero point two USD / pound

June 18, 2021 Standard cobalt twenty point four zero point two twenty-one point zero five zero point one USD / pound

June 18, 2021 Alloy grade cobalt twenty point four zero point two twenty-one point zero five zero point one USD / pound

June 21, 2021 Standard cobalt twenty point seven zero point three twenty-one point one zero point zero five USD / pound

June 21, 2021 Alloy grade cobalt twenty point seven zero point three twenty-one point one zero point zero five USD / pound

A summary of the market

Bai Jiaxin, an analyst with data from business agency, thinks that the international cobalt price has been rising continuously, MB cobalt price has risen for 5 consecutive trading days, while the cobalt price in LME market has risen for two consecutive trading days, and the rise of international cobalt Market stimulates the domestic cobalt market to recover. On 21, the price of cobalt in LME market fell slightly, the international cobalt market was not strong enough to rise, the domestic cobalt market was stable, and the market was expected to stabilize strongly.

1、 Price trend

According to the bulk data monitoring of business news agency, as of June 18, the average price of refrigerant R22 was 16800 yuan / ton, which was the same as that at the beginning of the week, with a month on month increase of 1.2% and a year-on-year increase of 7.69%.

According to the bulk data monitoring of business news agency, as of June 18, the average price of refrigerant R134a was 22933.33 yuan / ton, which was the same as that at the beginning of the week, with a month on month increase of 1.47% and a year-on-year increase of 26.24%.

2、 Market analysis

This week, the market of R22 refrigerants was strong, and the quotation of enterprises remained in the early stage, with little fluctuation. At present, the overall operating rate of the raw material methane chloride plant has slightly decreased, the price has fluctuated and increased, the price of R22 is not easy to go down due to the support of the cost side, the profit of enterprises is not much, and the market center is still high. As of June 18, R22 market quotation is in the range of 16000-17500 yuan / ton, Shandong quotation is in the range of 16800-17500 yuan / ton, Zhejiang quotation is in the range of 16000-16800 yuan / ton, Hebei quotation is in the range of 17000 yuan / ton, Jiangsu quotation is in the range of 16500 yuan / ton.

This week, R134a refrigerant market was weak and stable, and the price negotiation space increased. At present, the price of raw material hydrofluoric acid is loose, and the cost support is slightly declining. In addition, it is difficult to boost the market in the off-season demand. At the same time, the new production capacity enters the market, the supply is expected to increase, and there is a certain pressure on the sales of enterprises. The actual transaction is profitable. At present, R134a market quotation is mostly in the range of 23000-25000 yuan / ton, Zhejiang quotation is about 23000-23800 yuan / ton, Hunan quotation is about 22000-22500 yuan / ton, Jiangsu quotation is about 23500-25000 yuan / ton, Shanxi quotation is about 24500 yuan / ton, and the prices in various places are steady and declining.

In terms of raw materials, the price trend of domestic hydrofluoric acid was slightly lower this week. Up to now, the mainstream price of domestic hydrofluoric acid in various regions has maintained 9400-9700 yuan / ton. Some manufacturers’ quotations are higher than the market price. The actual transaction market on the floor is weak. The price of domestic hydrofluoric acid is mainly stable. Supported by domestic hydrofluoric acid spot supply in the near future, the price trend on the floor is slightly lower, Hydrofluoric acid market price is expected to stabilize temporarily.

Trichloromethane. On June 18, the market of methane chloride in Shandong was consolidated. The manufacturers offered the mainstream ex factory price of dichloromethane of about 4000-4050 yuan / ton, and the mainstream ex factory price of trichloromethane of about 4440-4470 yuan / ton. A small number of downstream inquiries were received. There is still a certain balance between supply and demand in the short term, and the price of dichloromethane is expected to remain stable in the near future. With the end of the downstream refrigerant season, once the demand side performs poorly, the price of chloroform will be weak and fall sharply.

3、 Future forecast

Business analysts believe that the current raw material prices, cost support R22 prices should not go down, is expected to remain stable in the short term. R134a new production capacity into the market, supply increases, costs and demand are both weak, there is a certain pressure on the sales of goods holders, and the price is expected to have the risk of downward adjustment.

According to the monitoring sample data of the business community, as of June 18, the average price of melamine enterprises was 10600 yuan / ton, up 2.58% compared with the price at the beginning of the week, down 26.39% compared with the price on May 18 (14400 yuan / ton), and up 31.95% year on year in a three-month cycle.

In June, the melamine market rose steadily. Before the Dragon Boat Festival, the market supply was tight, and the downstream products were replenished actively. The market atmosphere was good, and the market rose slightly. After the festival, melamine enterprises came back. At present, the operating rate of melamine is about 70%, and the pace of downstream procurement has slowed down. They just need to replenish the warehouse, and they are resistant to high price raw materials, There is no pressure to take the goods, the market is rising steadily, and there is a strong wait-and-see mood.

Upstream urea, June 18, Shandong urea market temporarily stable, compared with the beginning of the week prices fell 0.74%. On the whole, urea cost support weakened this week, downstream demand slowed down, urea supply was tight, and supply exceeded demand.

Business analyst melamine said that the upstream urea price is running at high cost, and the cost support is still there. The market atmosphere is generally high. In the short term, the melamine market will be stable or stable, and more attention should be paid to the upstream and downstream information guidelines.

Trade name: chloroform

Latest price (June 16): 4440 yuan / ton

Analysis points: on the 16th, the domestic price of chloroform was 4440 yuan / ton, up 0.51% from the previous day. The supply side of chloroform is relatively tight, and the supply and demand side supports the high price of chloroform; However, the price of raw material liquid chlorine fell sharply, and the cost was negative. According to the monitoring of the business agency, as of June 16, the mainstream ex factory price of liquid chlorine for tank cars in Shandong was around 1350 yuan / ton.

Future forecast: business community analysts believe that the supply and demand of chloroform is more supportive at present, but the price of raw material liquid chlorine has fallen sharply. It is expected that the peak season of downstream refrigerants will pass, and the price of chloroform will fall in a weak way.

Acetic anhydride price goes up again

According to the data monitoring of the business association, the price of acetic anhydride continued to rise in June. Affected by the rising price of acetic acid, the price of acetic anhydride rose again. As of June 15, the price of acetic anhydride was 12166.67 yuan / ton, up 1.96% from 11933.33 yuan / ton in early June; The price of acetic anhydride increased by 3.99% compared with 11700.00 yuan / ton on May 19.

Price trend of acetic acid rises again

It can be seen from the price trend chart of acetic acid that since the middle of May, the price of acetic acid has stopped falling and picked up. In June, the price of acetic acid has been rising continuously. The price of acetic acid has been rising, the cost of acetic anhydride has been rising, the rising power of acetic anhydride has been increasing, and the price of acetic anhydride has reached its peak again.

Market summary and future forecast

Bai Jiaxin, acetic anhydride data analyst of business news agency, believes that June is the traditional maintenance season for acetic acid and acetic anhydride enterprises, and the number of production stops and production limits increases. The price of acetic acid stops falling and rebounds. The price of acetic acid rises slightly in June, and the rising cost of acetic anhydride stimulates the price of acetic anhydride to climb to the peak again. Due to the fact that acetic anhydride is in the traditional off-season and the high price of acetic anhydride reduces the purchasing enthusiasm of downstream customers, the rising power of acetic anhydride is limited, and the acetic anhydride market is expected to rise slightly in the future.

1、 Price trend

According to the monitoring data of business news agency, the average price of PS (GPPS 525) was 10700 yuan / ton at the beginning of this week, and 10600 yuan / ton at the end of this week, with a price drop of 0.93% and an increase of 34.18% compared with the same period last year.

2、 Market analysis

The domestic PS market was mainly weak, and the decrease of benzene conversion was larger than that of trans benzene, with a range of 20-400 yuan / ton. Raw material styrene continued to fall, increasing buying wait-and-see sentiment, coupled with the impact of PS factory price down, businesses oversold operation more. The supply of ordinary trans benzene is more tight than that of modified benzene, and the decrease rate is less than that of modified benzene.

In East China market, the total benzene revenue was 10950-12450 yuan / ton, the low end was stable on a month on month basis, and the high end was stable on a month on month basis. Yuyao market receives 11000-12450 yuan per ton of benzene and 13000-14450 yuan per ton of benzene.

3、 Future forecast

PS market may be narrow and weak. The cost center is low, and the market support mainly comes from the tight supply of trans benzene. The downstream demand is weak, the factory just needs to purchase mainly, the market still has the possibility of making profit and shipping.

According to the monitoring data of business society, the recent price of ethylene external market has fallen, with the price of USD 1131.00/t on June 9, the average price of ethylene on June 9 being 1111.00/t, down 1.77%, and the current price fell 5.43% on a month basis, and the current price rose 66.69% year on year.

Recently, the external market of ethylene market overall showed a downward trend. The price of ethylene in Asia remained stable. As of the 9th, CFR closed at US $957-965 / T in Northeast Asia and US $917-925 / T in Southeast Asia. European ethylene market prices fell, as of the 9th, FD northwest Europe closed at 1298-1309 US dollars / ton, CIF northwest Europe closed at 1253-1262 US dollars / ton. The price of ethylene in the U.S. fell. As of the 9th, the price was 583-595 US dollars / ton. Recently, the external market of ethylene fell. Generally speaking, the demand of the whole external market of ethylene is poor, the trading atmosphere is light, the transaction is weak, and the focus of ethylene market is constantly moving down.

International: on June 9, international oil prices remained stable, and the settlement price was not changed much compared with the previous trading days. The settlement price of the main contract in the WTI crude oil futures market in the United States was $69.96/barrel, down 0.09 US dollars or 0.1%. Brent crude oil futures market settlement price of the main contract at 72.22 U.S. dollars / barrel, flat in the last trading day. Previous data showed that the U.S. gasoline inventory increased significantly, limiting the pace of oil price rise. However, the market is looking forward to the start of the summer driving season in North America, and the oil price is still strong.

Recently, the Styrene Market in Shandong continued to decline. At the cost end, crude oil fell, pure benzene and ethylene all fell, and styrene futures fell sharply, hitting market confidence. In terms of domestic devices, most of the overhaul devices have been restarted, and the new units are put into operation, and the domestic supply increases. Although the wharf inventory is in low position, the arrival of goods in the Middle East and domestic domestic goods in the Middle East this week have increased the styrene inventory. Downstream side is restricted by the influence of southern power limit and North wheat harvest. EPS and downstream start-up are expected to decline, PS start rate has risen, ABS maintains high opening rate, EPS and PS prices fall slightly, so it is just necessary to purchase styrene which is in conflict with high price. In summary, the supply tension of styrene will ease in the short term, and the demand of downstream parts will be waiting to fall, and the purchasing gas will further weaken. It is expected that styrene will still have room for correction and finishing.

Ethylene analysts of the chemical branch of the business society believe: at present, the crude oil storage in the United States has declined rapidly, the demand for American refined oil is strong, and the crude oil market may rise. Therefore, the data analysts of the business agency expect the ethylene external market price to be mainly increased next.

On June 6, the commodity index of hydrobenzene was 84.71, which was the same as yesterday, decreased by 16.96% compared with the highest point of 102.01 points (2014-01-09) in the cycle, and increased by 182.46% compared with the lowest point of 29.99 points on April 7, 2020（ Note: period refers to the period from December 1, 2013 to now).

Price fluctuation of main domestic hydrogenated benzene market from May 31 to June 4 (unit: yuan / ton)

Region, price on May 31, price on June 4, weekly rise and fall

East China, 7450., 7850., + 400

Shandong area, 7350., 7600., + 250

This week (May 31 to June 4) the market price of hydrobenzene in Shandong rose, at 7350 yuan / ton at the beginning of the week and 7600 yuan / ton at the end of the week, up 250 yuan / ton.

Summary of price adjustment of Sinopec’s pure benzene in 2021 (unit: yuan / ton)

Date, adjusted price, adjusted amount

May 7, 7700, + 300

May 10, 8000, + 300

May 12, 8200, + 200

May 24, 7900, – 300

May 28, 7600, – 300

June 4, 7900, + 300

On June 4, 2021, Sinopec’s registered price of pure benzene was increased by 300 yuan / ton. At present, it implements 7900 yuan / ton, of which Qilu Petrochemical implements 7850 yuan / ton.

The pure benzene Market stopped falling and rebounded this week. The price of styrene rebounded this week driven by the favorable international market. The futures market first rebounded, and the supply side was favorable due to the shutdown of devices in the spot market. The overall market performance was good. The upstream pure benzene began to pick up on Tuesday, and the market of hydrogenated benzene rose.

In the future, the business community believes that the price of pure benzene market is high, the downstream market is weak, and the support for pure benzene is limited. It is expected that the pure benzene industry chain will maintain high volatility in the short term.

Magnesium price stops falling, stabilizes and returns to low level

As of June 7, the price of magnesium has stopped falling and stabilized, with a low rise of nearly 1000 yuan per ton. The specific price range of each region is as follows:

In fugu area, the ex factory cash including tax is 19000-19100 yuan / ton; In Ningxia, 19000-19100 yuan / ton of ex factory cash including tax; In Taiyuan, the ex factory cash including tax is 19100-19200 yuan / ton; In Wenxi area, the ex factory cash including tax is 19200-19300 yuan / ton.

Strong raw material price and strong cost support

In terms of ferrosilicon, it is reported that on June 3, 2021, the leading group of energy conservation and emission reduction in Zhongwei city issued a notice on the implementation of production restriction for some high energy consuming enterprises. The production restriction period is from June 3 to December 31, so as to limit the overall production of ferrosilicon in Ningxia; In terms of coal, some coal mines in Yulin chose to stop online bidding. Affected by the policy, the price remained stable, and the price of magnesium ingot returned to 19000 yuan / ton due to the rise of upstream market.

Low social inventory, tight supply and demand

In terms of inventory, some magnesium plants had maintenance in May, and in the short term, the inventory was low. However, due to the excessive price rise of magnesium ingots, some downstream users are not in a hurry to purchase and take a wait-and-see attitude.

Future forecast

Forecast: due to the influence of “buying up but not buying down” of customers, the sharp rise of magnesium price last week leads to the saturation of magnesium market demand in advance this week, and it is expected that magnesium price will decline and callback in the short term.

Trade name: isooctanol

Latest price (June 7): 14933.33 yuan / ton

On June 7, the ex factory quotation of isooctanol in Shandong Province rose by 300 yuan / ton, or 2.05%, compared with the quotation on June 4. The upstream propylene market rose sharply, the cost support was good, the downstream DOP market also had an upward trend, the downstream purchasing enthusiasm increased, and the octanol supply was tight.

In recent years, the factory price of octanol in Shandong may rise slightly: the manufacturer’s quotation is about 15500 yuan / ton.

1、 Price trend

According to the bulk data monitoring of business news agency, as of June 4, the average price of refrigerant R22 was 16800 yuan / ton, which was the same as that at the beginning of the week, with a month on month increase of 1.2% and an increase of 11.26% compared with the same period last year.

According to the bulk data monitoring of business news agency, as of June 4, the average price of refrigerant R134a was 22933.33 yuan / ton, which was the same as that at the beginning of the week, up 1.47% month on month and 23.96% year on year.

2、 Market analysis

This week, R22 refrigerant market generally stable operation, enterprise price adjustment is not much. The price of R22 remained high, but the demand continued to be sluggish. The southern region has gradually entered the rainy season, and the demand is poor. Under the game of supply and demand, R22 market is deadlocked. As of June 4, R22 market quotation is mainly in the range of 15600-17500 yuan / ton, Shandong quotation is about 16800-17500 yuan / ton, Zhejiang quotation is about 15600-16800 yuan / ton, Hunan quotation is about 15800-16300 yuan / ton, Shanghai quotation is about 16500 yuan / ton, Shanxi quotation is about 17000 yuan / ton, Guangzhou quotation is about 16800-17000 yuan / ton, Prices don’t change much everywhere.

This week, R134a refrigerant market was light and stable., In recent days, the price of hydrofluoric acid continued to fall, trichloroethylene remained high, and the cost support was strong. The price of R134a was high. However, the demand of downstream was general in the off-season, and most of the transactions were based on solid offer. The market was stable and the short-term market was stable and weak. At present, the quotation of R134a was mostly in the range of 21500-25000 yuan / ton, and that of Zhejiang was about 23000-25000 yuan / ton, The quotation in Hunan is about 23000-23500 / T, that in Jiangsu is about 23500-25000 / T, that in Shanxi is about 24500 yuan / T, that in Shanghai is about 24000 yuan / T, and that in Guangzhou is about 21500-23000 yuan / T.

In terms of raw materials, the domestic spot supply of hydrofluoric acid was sufficient this week, some hydrofluoric acid plants on the site were restarted, and the price of upstream raw materials of hydrofluoric acid dropped slightly. So far, the mainstream of hydrofluoric acid negotiations in the southern region is 9400-9600 yuan / ton, and the price of hydrofluoric acid in the northern market is 9400-9700 yuan / ton. In recent years, the price trend of domestic hydrofluoric acid market is mainly declining, and the manufacturers reflect that the recent delivery situation is not good, but the price of hydrofluoric acid market is still facing downward pressure in the later stage.

Trichloromethane. On June 4, the market of methane chloride in Shandong Province was slightly adjusted, and the quotation of manufacturers was adjusted. The main factory quotation of dichloromethane was about 3940 ~ 4140 yuan / ton, and the main factory quotation of trichloromethane was about 4330 yuan / ton. The downstream inquired a small amount of orders. At present, both the cost side and the demand side have some support. It is expected that the price of methyl chloride will remain high and stable next Wednesday.

3、 Future forecast

Business analysts believe that the current cost side is still supported, but the downstream demand is poor. Under the game of supply and demand, the market is deadlocked, and R22 manufacturers support the market, which is expected to be stable in the short term; R134a market high consolidation, but the price is stable, the transaction has yield, is expected to be stable in the short term weak operation.

According to the data monitored by the business agency, as of June 2, the average price of PMMA was 17233.33 yuan / ton, the market maintained stable operation, the quotation range of mainstream manufacturers maintained about 17000 yuan / ton, the negotiation center was stable, the downstream just needed to purchase, and the short-term stable trend was maintained.

PMMA runs smoothly with general transaction atmosphere. Some manufacturers are tight in supply of spot goods. The price of upstream MMA is high with upward trend, and low price is hard to find. It is mainly just need to purchase, and the price has a certain supporting effect on the cost of PMMA.

On June 1, the rubber and plastic index was 779 points, 2 points lower than yesterday, 26.51% lower than 1060 points (2012-03-14), the highest point in the cycle, and 47.54% higher than 528 points, the lowest point on April 6, 2020（ Note: period refers to the period from December 1, 2011 to present.

PMMA business analysts believe that: in the short term, PMMA stable operation, price fluctuations（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.

Recent trend of calcium carbide price

As can be seen from the above figure, the factory price of calcium carbide in Northwest China fell this week. The average price of the factory quotation of the mainstream manufacturers of Northwest calcium carbide fell from 4550.00 yuan / ton on May 24 to 4416.67 yuan / ton on May 28, down 133.33 yuan / T, or 2.93%, up 66.51% compared with the same period last year. Overall, the market for calcium carbide fell this week, with the calcium carbide commodity index of 115.72 on May 28.

The upstream support is weakened, the downstream maintenance increases, and the purchasing willingness decreases

From the manufacturer’s quotation, the factory price of calcium carbide in Northwest China fell this week: ovicana energy offered 4500 yuan / ton of calcium carbide this weekend, which was down 200 yuan / ton compared with the beginning of the week; The price of carbide of Inner Mongolia China Federation this weekend is 4450 yuan / ton, which is stable compared with that at the beginning of the week; The quotation of calcium carbide in Xingping of Ningxia is 4300 yuan / ton this weekend, which is down 200 yuan / ton compared with the beginning of the week.

From the upstream and downstream industrial chain of calcium carbide, the upstream raw material market, the factory quotation of Lancang fell sharply this week. The price of small materials is 1100 yuan / ton this weekend, which is down 300 yuan / ton compared with the beginning of the week; The quotation of Chinese materials this weekend is 1200 yuan / ton, which is down 200 yuan / ton compared with the beginning of the week; The price of bulk materials is 1300 yuan / ton this weekend, which is down 200 yuan / ton compared with the beginning of the week. The upstream raw material price has fallen sharply, and the cost support is weakened, which has a negative impact on the price of calcium carbide.

Downstream market, PVC factory prices this week fell slightly. PVC quotation this week fell from 9200.00 yuan / ton at the beginning of the week to 9162.50 yuan / ton at the weekend, down 0.41%, up 49.90% compared with the same period last year. PVC prices fell slightly this week, the market was general, and the increase in PVC maintenance, the downstream enthusiasm for calcium carbide procurement weakened, and overall, it seems that the PVC market this week has a negative impact on the price of calcium carbide.

Demand is reduced, and the market is slightly shaken down

In early June, the calcium carbide market was mainly subject to a small fluctuation. The raw material, orchid carbon prices, fell sharply, and the cost support of calcium carbide was weakened. Downstream PVC maintenance increased, market market began to decline slightly. The market forecast that the price of calcium carbide in Northwest China will fall slightly in early June.

Recovery of cobalt Market

According to the data monitoring of business news agency, the domestic cobalt market fluctuated and rose in May, and the cobalt price bottomed out and rebounded. As of May 31, the price of cobalt was 351000.00 yuan / ton, up 1.74% from 345000.00 yuan / ton at the beginning of the month (May 1). Cobalt price bottomed out and rebounded. Cobalt market rebounded.

Domestic cobalt market demand

According to the data released by China Academy of information technology, from January to April 2021, the total domestic mobile phone market shipment reached 125 million units, a year-on-year increase of 38.4%. However, compared with the increase of 92.8%, 240.9% and 65.9% in the first three months, the overall domestic mobile phone shipment in April showed a year-on-year decline of 34.1%.

According to the latest data released by China Automobile Association, in April, the production and sales of new energy vehicles in China were 216000 and 206000 respectively, with a year-on-year increase of 1.6 times and 1.8 times respectively. In terms of power battery output, in April 2021, the output of ternary battery in China was 6.7gwh, accounting for 51.9% of the total output of power battery, with a year-on-year increase of 134.3% and a month on month increase of 15.1%; From January to April, the total output of ternary battery was 24.5gwh, accounting for 53.6% of the total output of power battery, with a year-on-year cumulative increase of 185.8%. The production and sales of new energy vehicles in China have increased greatly, which is good for the cobalt market. However, the production and sales of new energy vehicles decreased in April on a month on month basis, and the production and sales of new energy vehicles are lower than expected. In terms of ternary batteries, the proportion of ternary batteries declined in April, and the output growth of ternary batteries slowed down. Overall, in terms of new energy vehicles and power batteries, the demand of cobalt market rose, but the rise was less than expected. The rising power of cobalt market was less than expected, and the rising power of cobalt Market weakened.

According to customs statistics, in April, the output of mobile phones was 130 million, up 13.5% year on year; The output of microcomputer equipment was 35.9 million, up 13.5% year on year. From January to April, China exported 71.35 million laptops, up 72.3% year on year; 310 million mobile phones were exported, up 30.8% year on year. The output of electronic products has increased greatly, and the export has also increased rapidly. The good performance of the electronic products industry has stimulated the surge of demand in the cobalt market, and there is sufficient momentum for the future rise of the cobalt market.

Global cobalt market demand

According to the report of global mobile phone shipment volume in the first quarter of 2021 released by strategy analytics, a statistical agency, the global smart phone shipment volume in the first quarter of 2021 was 340 million, an increase of 24% over the same period last year, reaching a new high since 2015. On May 23, CITIC Securities released a research report forecast that, looking forward to the second quarter and the whole year of 2021, it is expected that the year-on-year growth rate of smartphone shipment may slow down, and the annual global smartphone shipment is expected to be 1.35 billion, with a year-on-year growth of 5%; It was originally expected that the global smartphone shipment in 2021 will be 1.4 billion, a year-on-year increase of 10%. The growth of mobile phone sales has stimulated the demand of cobalt market, but the global mobile phone shipment is expected to decline, which may have a negative impact on the demand expectation of cobalt Market in the future, and the downward pressure of cobalt Market in the future will increase.

Market Overview

Bai Jiaxin, a data analyst at business news agency, believes that the new energy automobile industry and mobile phone industry performed strongly in the past 21 years, and the production and sales volume increased greatly in the first quarter, which stimulated the cobalt market to rise sharply; However, with the impact of India’s epidemic situation and chip shortage, the growth of new energy vehicle and mobile phone industry slowed down in the second quarter, and there was a partial downward trend. The demand of cobalt market was lower than expected, and the cobalt market was dragged down, and the cobalt price began to fluctuate slightly in March; But on the whole, there is still room for cobalt market demand to rise, and affected by the epidemic, cobalt freight and mining costs increase, cobalt costs rise, cobalt market decline space is limited. In the future, the cost of cobalt market remains high, the space for cobalt price to fall is limited, the demand of cobalt market is difficult to meet the expectation, and the power for cobalt price to rise is insufficient. Cobalt price is expected to rise slightly in the future.

17 000-20 000 yuan / ton interval oscillation operation

Affected by the news that the regulatory authorities recently interviewed key enterprises in the black and nonferrous industries, on May 24, the nonferrous plate fell as a whole, and the price of Shanghai aluminum futures fell by more than 3%. The market sentiment was suppressed. Although the recent macro bad news on the commodity market to form a certain pressure, but aluminum fundamentals remain strong. Among them, the social inventory has further declined, the downstream rigid demand has maintained a strong trend, and the supply side favorable factors still exist in the later period. At present, the market inflection point has not appeared, and the favorable factors support the aluminum price, so it is not appropriate to be too pessimistic in the short term.

Macro multi space interweaving

The US Federal Reserve’s monetary policy has not yet turned, which has a certain support for the commodity market. According to the latest minutes of the Federal Reserve meeting, many officials are ready to start to consider adjusting monetary policy, but the employment data depresses the expectation of economic recovery, which is not enough for the Federal Reserve to tighten monetary policy in the short term. Among them, the number of non-agricultural employment in the United States increased by 266000 after the quarterly adjustment in April, far less than the market expectation of increasing by 1 million, and less than the previous value of 916000.

At home, the government has clearly proposed to do a good job in ensuring the supply and price of bulk commodities, and comprehensively curb the unreasonable rise of commodity prices. Affected by this bad news, the industrial product market fell sharply. In the short term, the official initiative triggered the market’s expectation of the later policy regulation to rise, and the commodity market sentiment showed signs of cooling down.

Supply side tightening expectations still exist

Since the first quarter, the aluminum supply side has rebounded significantly. According to the latest data, the output of electrolytic aluminum in April was 3.35 million tons, with a year-on-year growth of 12.4% and a month on month growth of 3.9%, while the output in April 2020 only increased by 1.5% year on year. From January to April, the output of electrolytic aluminum was 13.02 million tons, a year-on-year increase of 9.6%. It can be seen that with the aluminum industry profits remain high, the upstream supply side shows obvious signs of recovery.

On May 13, the national development and Reform Commission held a video conference to remind some provinces and cities that the energy consumption intensity did not decrease but increased in the first quarter, which raised the expectation that the market would further strengthen the dual control of energy consumption.

According to statistics, the total production capacity of electrolytic aluminum in Guangxi, Yunnan, Qinghai, Ningxia and Xinjiang is about 16.91 million tons, accounting for about 40% of the current domestic production capacity. Among them, Yunnan and Guangxi are the main provinces with new electrolytic aluminum production capacity this year. It is expected that the dual control of energy consumption will delay the upstream production schedule, especially affect the later production schedule of new capacity. In addition, last week’s drought in Yunnan will slow down the production of electrolytic aluminum.

According to ALD’s comprehensive assessment, the current operating capacity of Yunnan Province is 3.92 million tons, which is estimated to be between 600000-780000 tons due to the direct shutdown of the tank from the middle of this month to the end of this month. On the whole, although the high profits of the industry have been stimulating the supply side to pick up, the expectation of supply side disturbance still exists in the later stage, but the influence degree is uncertain.

The effect of traditional peak season is obvious

At present, the downstream construction has maintained a good situation. According to statistics, the operating rate of domestic downstream construction profile enterprises was 62.07% in April and is expected to be 60% in May; 36% in April and 62% in May; The operating rate of aluminum plate, strip and foil enterprises was 81.64% in April and 81% in May; The operating rate of aluminum alloy A356 enterprises in April was 54.51%, with a year-on-year increase of 0.61%. Industry feedback is now in the peak season of aluminum consumption. Although aluminum prices continue to rise, leading to rising cost side, and enterprises have a strong fear of high prices, terminal orders have been relatively full, and there are still many optimists about future prices. As the inflection point of the consumer side has not arrived, rigid demand still exists, short-term aluminum prices should not be pessimistic.

As of May 24, the data showed that the domestic aluminum ingot social inventory was 990000 tons, 30000 tons lower than last week, which was lower than the level of the same period in recent three years from a seasonal point of view. Since the beginning of April, the decline rate of aluminum ingot inventory shows signs of slowing down. In terms of aluminum bars, the mainstream processing cost of aluminum bars in South China has risen to 780-880 yuan / ton, and the highest price in the market has risen to more than 1000 yuan / ton recently, reflecting the stable demand in the downstream. According to the feedback of profile enterprises, the inventory of raw materials is low and the downstream orders are saturated, but the current high price affects the willingness of enterprises to replenish the warehouse. Once the aluminum price falls, the enterprises will prepare the warehouse.

To sum up, in the near future, there will be some bad news in the macro aspect, but the consumption in the industrial end will maintain stability, and the lower aluminum price will probably stimulate the lower reaches to buy on bargain hunting and lock in the cost. It is expected that the aluminum price will mainly fluctuate in the range of 17000-20000 yuan / ton from May to June, and downstream enterprises can consider buying on the cheap to lock in the cost（ Author’s unit: China CITIC construction investment Futures Co., Ltd

1、 Price trend

According to the monitoring data of the business community, the price of bromine is running at a high level. At the beginning of the week, the average market price in Shandong was 42125 yuan / ton, and at the end of the week, the average market price was 43125 yuan / ton, up 2.37% and 44.82% compared with the same period last year. On May 27, the bromine commodity index was 149.56, up 0.88 points from yesterday, a record high in the cycle, up 153.84% from 58.92 points on October 29, 2014（ Note: period refers to the period from September 1, 2011 to now

2、 Market analysis

At present, the domestic bromine level is high and firm, and the current mainstream price of enterprises is about 43000-45000 yuan / ton, and the bromine price is relatively strong as a whole. The bromine market in Shandong Province is in short supply. The bromine enterprises have not started operation for a long time. The bromine production growth is relatively slow. The overall market supply is tight. The downstream flame retardants and intermediates procurement are acceptable, which supports the bromine price. Most bromine manufacturers have the intention to support the price, and the low price is hard to find.

Raw materials: the domestic sulfur market runs smoothly, and refineries in various regions offer stable prices according to their own shipment situation. Domestic individual refinery maintenance, regional refinery inventory is low, downstream traders enter the market to purchase on demand, external price is strong. The performance of downstream phosphate fertilizer is stable, there is no intention of low price shipment in the spot market, and the trend is good, which has a good support for the sulfur market. It is expected that the sulfur market will run smoothly in the future, and attention will be paid to the follow-up situation of downstream.

Analysts from business news agency believe that the overall supply of bromine is insufficient. Now the bromine downstream flame retardant and intermediate industries just need support. Bromine enterprises are relatively smooth in shipment, the focus of transaction is moving up, and the low price is hard to find. It is expected that the bromine price will be high and firm in the short term, depending on the downstream market demand.

According to the data monitored by the business community, as of May 27, the average price of PMMA, a domestic general transparent high-grade product, was 17233.33 yuan / ton, and the market remained weak and stable. The quotation range of mainstream manufacturers was about 17000 yuan / ton. The negotiation center was stable, and the downstream just needed to purchase. The transaction atmosphere was light, and the stable trend was maintained in the short term.

The price of MMA in the upstream fell, the demand follow-up was insufficient, and the merchants actively shipped. At present, the inventory is normal and there is no pressure, and the actual transaction volume is limited. The chemical industry index was 1047 points on May 26, down 3 points from yesterday, down 3.41% from 1084 points (2021-05-13), the highest point in the cycle, and up 75.08% from 598 points, the lowest point on April 8, 2020（ Note: period refers to the period from December 1, 2011 to now).

PMMA analysts of business news agency believe that: upstream downward trend, insufficient cost support, general downstream demand, flat negotiation atmosphere, and stable operation of PMMA price in the short term（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.

1、 Price trend

According to the bulk data monitoring of business news agency, as of May 25, the average price of refrigerant R22 was 16800 yuan / ton, up 1.2% from the beginning of this month and 15.86% from the same period last year.

According to the bulk data monitoring of the business community, as of May 25, the average price of refrigerant R134a was 22933.33 yuan / ton, up 1.47% from the beginning of the month and 12.79% from the same period last year.

2、 Market analysis

The price of refrigerant R22 rose slightly in May. In the first half of the month, the price trend was relatively stable. In the second half of the month, driven by the rising price of raw material methane chloride, the quotation of enterprises increased steadily. Near the end of the month, the number of enterprises increased and the market center moved up. With the increase of temperature, the downstream demand has increased to a certain extent, but due to the influence of environmental protection policies and other factors, the demand has not increased significantly, so it is difficult to support the sharp rise of R22 price. As of the 25th, R22 market quotation was mainly in the range of 15600-17500 yuan / ton, Shandong quotation was about 16800-17500 yuan / ton, Zhejiang quotation was about 15600-16800 yuan / ton, Hunan quotation was about 15800-16300 yuan / ton, Shanghai quotation was about 16500 yuan / ton, Shanxi quotation was about 17000 yuan / ton, and prices in various regions were stable and rising.

In May, refrigerant R134a market was generally stable, with some rising., The price of raw material hydrofluoric acid fell, but the trichloroethylene market heard that the price continued to rise, the cost side support was strong, the R134a market was strong, the current demand for vehicles was relatively stable, the offer of goods holders was high, and the trading center moved up. At present, R134a market quotation is mostly in the range of 23000-25000 yuan / ton, Zhejiang quotation is about 23000-25000 yuan / ton, Hunan quotation is about 23000-23500 yuan / ton, Jiangsu quotation is about 23500-25000 yuan / ton, Shanxi quotation is about 24500 yuan / ton, Shanghai quotation is about 24000 yuan / ton, the price center of each region moves up.

In terms of raw materials, on May 25, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 9400-9800 yuan / ton, and the factory price trend of domestic hydrofluoric acid manufacturers was temporarily stable. The operating rate of domestic hydrofluoric acid manufacturers was normal, and the supply of goods in the yard was stable. Affected by the high price of fluorite, the market of downstream refrigerants was temporarily stable in the near future, and mainly purchased on demand in the yard. It is expected that the price in the yard will decline slightly in the later stage.

Trichloromethane, on May 25, the market of methane chloride in Shandong was sorted out, and the quotation of manufacturers was adjusted. The main factory quotation of dichloromethane was about 4050 ~ 4060 yuan / ton, and the main factory quotation of trichloromethane was about 4170 ~ 4250 yuan / ton. The downstream made a small number of inquiries and received orders according to the demand.

3、 Future forecast

Refrigerant analysts of business news agency believe that the current rise in raw material prices supports the rise in refrigerant prices. With the increase in temperature, the downstream demand has increased to a certain extent, and the support is fair. It is expected that R22 and R134a will still be strong in the short term, and there is no lack of upward expectations.

On May 25, the sulfur commodity index was 85.78, up 0.73 points from yesterday, down 17.39% from 103.84 points (2011-11-02), the highest point in the cycle, and up 232.61% from 25.79 points, the lowest point on February 24, 2020（ Note: period refers to the period from September 1, 2011 to now

According to the price monitoring of business news agency, the average price of sulfur production in East China was 1563.33 yuan / ton, up 0.86%. Refineries in various regions of China adjusted their prices according to their own shipment situation. The quotations of solid and liquid sulfur were all increased, with different increases in different regions. The overall sulfur market was strong and upward. Sinopec increased solid and liquid sulfur by 20 yuan / ton in North China; The price of liquid sulfur in Shandong increased by 20-30 yuan / ton; The price of liquid sulfur in East China was increased by 50 yuan / ton. The rise and fall of solid sulfur prices in various regions are as follows:

region varieties May 24th May 25th Up and down

East China Sulfur (particle) 1600-1660 yuan / ton 1640-1700 yuan / ton forty

North China Sulfur (particle) 1460-1530 yuan / ton 1480-1550 yuan / ton twenty

Shandong Province Sulfur (particle) 1500-1550 yuan / ton 1500-1550 yuan / ton 0

In terms of sulphuric acid, the domestic market is differentiated, the price in Shandong is weak, the downstream demand is general, and the market trading is weak. In terms of phosphate fertilizer, the market demand was stable, the export order of Monoammonium was good, and the domestic demand was weak. Last week, the operating rate of enterprises decreased and the market price rose; The domestic market of diammonium is weak and stable, the demand is general, and the support for sulfur is weak.

Future forecast: at present, the price of domestic sulfur market is strong, domestic refineries maintain low inventory operation, and individual refineries overhaul, the attitude of on-site shippers is good, and sulfur enterprises ship smoothly. It is expected that the short-term sulfur market will be stable and wait-and-see.

1、 Price trend

According to the data on the big list of business agencies, toluene prices rose first and then fell this week, and overall, they fell from last week. On May 16, the price of toluene was 5986.2 yuan / ton; The price of this Sunday (May 23) was 5926 yuan / ton, down 60.2 yuan / ton, or 0.5% from last week; It was 65.55 per cent higher than the same period last year.

2、 Analysis and comment

The prophase good news is not supported enough, downstream demand is still weak, toluene prices rose first and then fell this week. On the external market, the European aromatics unit was restarted and supply increased, which led to the decline of the Asian external market. As of May 21, the price of imported toluene in South Korea was 767 USD / T, up 2 USD / T, or 0.26% in the week, compared with May 14; The price of toluene imported from East China was US $789 / T, up $1 / T, or 0.13% in the week, on May 14.

In terms of crude oil, crude oil rose first and then fell continuously during the week. In the early stage, driven by the optimistic prospect of demand recovery in Europe and the United States, international oil prices rose; However, we heard that the nuclear talks between the United States and Iran have made progress, and the market is worried about the supply of crude oil or the increase of bad oil price, so the oil price turns down. Compared with May 14, Brent fell by $2.15/barrel, or 3.11%; WTI fell $1.78 per barrel, or 2.72%.

Downstream: in terms of TDI, TDI prices in East China are continuous, with domestic products of 14000 yuan / ton, down 3.67% from last week, up 27.27% compared with the same period last year. Domestic market is weak operation, market offer is low, the mentality of the industry is short, the atmosphere of on-site trading and investment is weak, downstream inquiry is low, the shipment is not smooth, TDI market is rigid and tidy.

In terms of PX market, the domestic PX price this week remained stable, with the price of 6400 yuan / ton, 60% year-on-year. Recently, the domestic PTA market price has fallen sharply, and the downstream market is not good, which has a negative impact on the PX market. As of May 21, the closing prices in Asia were US $814-816 / T FOB Korea and US $832-834 / T CFR China.

3、 Future forecast

Toluene analysts of the chemical branch of business society believe that: on the supply cost side, opec+ production reduction implementation, the total number of us oil drilling platforms and weekly EIA and API inventory data. Second, on the demand side, the impact of global epidemic on crude oil demand, recovery of industrial chain, economic and trade situation in Europe and the United States and related progress of financial stimulus plan. Third, look at the geopolitical situation in the Middle East, China and the United States, the progress of new technology, the dollar index and stock market linkage.

The recent nuclear discussions in the United States and Iran may be negative for oil prices. The crude oil market is full of uncertainty and may decline in the short term. The downstream follow-up is general, some downstream devices are overhauled, and the demand is weak. In general, toluene is still weak in the short term. We will continue to pay attention to the trend of blending price of crude oil and gasoline, the maintenance of toluene plant, the arrival volume of toluene in the later period and the influence of downstream demand on the price of toluene

Domestic price trend:

From the trend chart of p-xylene, it can be seen that the price of p-xylene remained stable this week. By the end of the week, the domestic ex factory price of p-xylene was 6400 yuan / ton, which remained flat compared with the beginning of the week, with a year-on-year increase of 60%. The price trend of domestic PX market was stable this week.

In recent years, the domestic supply of p-xylene is normal, and the domestic PX operating rate is more than 60%. The 600000 ton unit of Sinopec Hongrun Petrochemical Co., Ltd. operates stably, the Yangzi petrochemical unit operates stably, the Pengzhou petrochemical unit operates stably, the Yangzi Petrochemical PX unit operates normally, the Jinling Petrochemical Unit operates stably, the Qingdao Lidong unit operates at full load, and the Qilu petrochemical unit operates stably, The start-up of Urumqi petrochemical plant is about 50%, and the domestic supply of p-xylene is general. However, some overseas plants are still under maintenance, and the domestic price of p-xylene remains high due to the impact. As of the 20th, the closing prices in Asia were 827-829 US dollars / ton FOB Korea and 845-847 US dollars / ton CFR China. The operating rate of PX unit in Asia has not changed much recently. As a whole, the operating rate of PX unit in Asia is less than 60%, the supply of PX in Asia is general, and the closing price of PX unit in Asia is declining, The price trend of domestic p-xylene market is temporarily stable.

This week, the trend of crude oil price dropped sharply, and the international oil price continued to drop for three consecutive days. The settlement price of the main contract in WTI crude oil futures market of the United States is at US $61.94/barrel, and the settlement price of the main contract in Brent crude oil futures market is at US $65.11/barrel, The epidemic situation in India has slowed down the pace of demand recovery. Crude oil prices fell sharply this week, while domestic petrochemical products prices of likong were affected, and the price trend of p-xylene was temporarily stable.

This week, the price trend of downstream PTA market continued to decline, and domestic PTA spot market fell. As of the 21st, the average price of PTA market was 4600-4650 yuan / ton, with a decline of 0.37% this week. The international crude oil price fell sharply, and the cost support was poor. Recently, the PTA plant has been overhauled and restarted, and the supply side has increased. This week, the PTA operation rate is about 85%. The PTA delivery situation is general, and the price is high. Polyester production and sales fell again, European and American epidemic counterattack and Xinjiang cotton products export pressure is still large, follow-up orders weak. The profits of domestic textile industry are concentrated in the spinning process. The lower reaches of the textile industry do not have a high acceptance of the fabric price rise, and the price transmission is not smooth. There is downward pressure on the yarn price, which may further affect the price performance of the raw material end. Recently, the domestic PTA market price has fallen sharply, and the downstream market is not good, which has a negative impact on the PX market.

Chen Ling, PX analyst of business society, believes that there is a certain uncertainty in the current cost side, the short-term crude oil price has a downward trend, and the downstream PTA and textile market has a downward trend. It is expected that the market price of p-xylene will be stable in the later period, but there is no lack of possibility of a downward trend.

Since May, the overall trend of propane market has been weak, with Shandong propane Market falling most obviously, and the recent price has been declining continuously. According to the data monitoring of business news agency, the average price of propane Market in Shandong Province was 4440.75 yuan / ton on May 13 and 4293.25 yuan / ton on May 19, with a decrease of 3.32% during the period and 4.93% compared with April 1.

As of May 19, the mainstream propane prices in different regions of China are as follows:

region Specifications May 19th

East China Propane,% (V / V) not less than: 95 4100-4400 yuan / ton

North China Propane,% (V / V) not less than: 95 4400-4500 yuan / ton

Shandong Province Propane,% (V / V) not less than: 95 4200-4350 yuan / ton

South China Propane,% (V / V) not less than: 95 4000-4050 yuan / ton

Central China Propane,% (V / V) not less than: 95 4500-4510 yuan / ton

In fact, after entering the middle of April, the propane market began to decline. Recently, the market was dominated by negative factors, and the price was weakening one after another, especially in Shandong market. In the international market, with the introduction of Saudi Aramco CP in May, there was a sharp drop in the cost of imported gas and a bad market attitude. In terms of international crude oil, the support to the market brought by the recent volatile decline of international crude oil is limited. On the demand side, with the rising weather and temperature, terminal consumption slows down, the replenishment cycle of downstream is extended, and the attitude is more cautious, and the enthusiasm to enter the market is general. The northern market upstream shipment blocked, inventory gradually increased, successive downward price yield shipment. At present, the transaction atmosphere of southern market is relatively mild, and most of them are stable.

In the international crude oil market, on May 19, the international oil price fell sharply. The settlement price of the main contract in the US WTI crude oil futures market was US $63.35/barrel, down by US $2.15 or 3.3%. The settlement price of the main contract in Brent crude oil futures market was at US $66.66/barrel, down by US $2.05 or 3.0%. Although the US EIA inventory data released last week on Wednesday was positive, the growth of crude oil inventory was not as expected, and gasoline inventory decreased more than expected. However, oil prices fell by more than 3% on concerns that the surge in new cases in Asia will further depress demand for crude oil and that US inflation will increase the probability that the US Federal Reserve will raise interest rates.

Saudi Aramco CP announced in May that all propane and butane were reduced. Propane was 495 US dollars / ton, down 65 US dollars / ton compared with last month; Butane is 475 US dollars / ton, down 55 US dollars / ton from last month.

At present, there are many negative factors in the market. The price of propane in Shandong has dropped to about 4300 yuan / ton. With the price decreasing, the enthusiasm of downstream market entry has not improved significantly. In the later stage, the temperature continues to rise, the terminal demand is still expected to weaken, and the current upstream inventory pressure is increasing, so it is expected that the propane market price will still weaken in the short term.

According to the data monitored by the business agency, as of May 19, the average price of domestic rubber grade high-grade silica was 4716.67 yuan / ton. The manufacturers were active in shipping, the upstream support was general, the downstream just needed to purchase, the operating rate was normal, the negotiation atmosphere was flat, the mainstream price range was 4000-5000 yuan / ton, and the price was mainly stable in the short term.

The domestic rubber grade silica market has a stable overall trend with stable price. The main contract orders are the main ones, and the downstream just needs to purchase. The purchasing atmosphere is flat. The number of new orders is limited. Most of the new orders are mainly discussed. The merchants have a stable mentality and general negotiation atmosphere. The merchants are cautious in taking the goods and slow in shipping. The overall market supply and demand is balanced, the shipping is normal, and the inventory is general.

Chemical industry index: on May 18, the chemical industry index was 1068 points, down 4 points from yesterday, down 1.48% from 1084 points (2021-05-13), the highest point in the cycle, and up 78.60% from 598 points, the lowest point on April 8, 2020（ Note: period refers to the period from December 1, 2011 to now

According to the silica analysts of business news agency, the downstream demand power is insufficient, and the rising trend information is not obvious. In the short term, the domestic silica market price is stable, the inventory is normal, the main supply is contract customers, and the number of new orders is limited（ If you want to know more about the industry chain, please pay attention to the official account of the business community, get the information and grasp the price.

1、 Polyoxymethylene market price trend chart

Price curve of paraformaldehyde

According to the monitoring of the business agency, the average price of paraformaldehyde this week is 5866 yuan / ton, and the quotation is stable.

2、 Market analysis

On May 11, Shandong formaldehyde Chemical Industry Co., Ltd., with an annual output of 30000 tons of polyoxymethylene, offered 5700 yuan / ton of Polyoxymethylene (96) including tax, which was the same as last time. Linyi Shengyang Chemical Co., Ltd., with an annual output of 9000 tons of polyoxymethylene, Polyoxymethylene (96) ex factory price including tax is 5700 yuan / ton, which is 100 yuan / ton higher than last time. Zibo Qixing Chemical Technology Co., Ltd. has an annual output of 10000 tons of polyoxymethylene. The ex factory price of Polyoxymethylene (96) including tax is 6200 yuan / ton, which is 100 yuan / ton lower than last time. Paraformaldehyde market is fair, mainly used in pesticide resin. Boosted by the rise of raw material methanol, some manufacturers increased the quotation of paraformaldehyde.

According to the monitoring of business news agency, as of May 13, the average price of domestic methanol production enterprises in Shandong was 2680 yuan / ton, with a month on month increase of 13.80% and a year-on-year increase of 54.91%. The spot market of methanol is also rising. The main production areas in Northwest China drive the spot price of methanol in other regions to continue to rise. The supply and demand of raw coal is tight, which promotes the cost of coal to methanol.

3、 Future forecast

Methanol rose, business community polyoxymethylene analysts expect polyoxymethylene or will rise.

Trade name: urea

Latest price (May 17): 2273.33 yuan / ton

On May 17, the ex factory quotation of urea in Shandong increased by 30 yuan / ton, or 1.34%, compared with the quotation on May 14. The prices of upstream natural gas and coal have risen sharply recently, with good cost support. Demand side: the agricultural demand in various regions has been carried out in succession; The start-up load of downstream compound fertilizer and rubber sheet plants increased slightly, most of them were used as they were mined, and the manufacturers had less inventory. Supply side: in recent years, some enterprises in Shandong, Xinjiang, Shaanxi and other places have been overhauled, and the supply side has been tightened. At the same time, the enterprise inventory and social inventory have also been maintained at a low position.

It is expected that the ex factory price of urea in Shandong will rise slightly in the future: the average price quoted by the manufacturer is about 2300 yuan / ton.

1、 Price trend

According to the monitoring data of the business community, the average market price on February 28 was about 576.75 yuan / ton, and on May 13 was about 997.5 yuan / ton, up 72.95% and 110.67% over the same period last year. On May 13, the steam coal commodity index was 120.18, up 2.41 points from yesterday, down 3.86% from the cycle’s highest point of 125.00 (2021-01-19), and up 168.86% from the lowest point of 44.70 on January 20, 2016（ Note: period refers to the period from September 1, 2011 to now

2、 Analysis of influencing factors

In March, the price of steam coal began to rise. First, the safety inspection of the main production areas at the supply side was strengthened, and the super capacity production was strictly restricted. The shortage of coal management tickets restricted the supply. The mining areas in Shaanxi maintain a low inventory state, and the number of coal mines shut down for maintenance due to the coal management ticket in Inner Mongolia increases and the supply decreases. At the end of the month, the number of coal mines shut down for maintenance increased, and the overall mine inventory was small. Platforms and traders have high purchasing enthusiasm, and coal is in a tight state. Second, the daily consumption of power plants in coastal areas picked up, and the inventory maintained a slow decline. However, the industrial power consumption is dominant and the daily consumption is high. Some data show that the number of days of coal inventory available in the national key power plants is about 14 days. Downstream trading atmosphere is relatively strong, power plants also began to accept high price coal, receiving goods is also more positive than before, transaction increased.

After May Day, the average market price of steam coal was 826.25 yuan / ton on May 1 and 997.5 yuan / ton on May 13, with a rise of 20.73% in half a month. During the May Day festival, the main producing areas of steam coal basically maintained a stable state, and the pit sales were in good condition. The coal price in Ordos, Inner Mongolia was temporarily stable. However, due to the impact of environmental protection inspection, the coal supply was generally in a tight state. Downstream power plants: in terms of power plants, the coal inventory of power plants is at a low level. Some data show that as of May 12, the six major coastal power plants have a total inventory of 13.342 million tons, daily consumption of 698000 tons, and available days of 19.1 days. In May, power plants are willing to replenish their stocks. Traders are reluctant to sell at high prices and optimistic about the future. At present, port traders are still reluctant to sell and have a strong attitude of supporting prices. Port prices are relatively strong and market sentiment is relatively high as a whole.

Business analysts believe that: at this stage, the overall supply of thermal coal in the producing area is in a tight state. After the May Day holiday, there is no obvious increase in the storage of coal in the downstream power plants, and there is still a demand for replenishing the storage. And the peak summer is coming, so there is still a strong demand for replenishing the storage of thermal coal, which is supported by thermal coal. Moreover, the market sentiment is relatively hot, and traders are more optimistic about the later period. On the whole, the short-term steam coal price is still relatively strong, and the demand of downstream market is more specific.

1、 Price trend

According to the monitoring data of the business agency, the average price of domestic ammonium sulfate was 906 yuan / ton on May 10 and 906 yuan / ton on May 14, which was stable this week.

2、 Market analysis

This week, the price of ammonium sulfate was stable, and the market demand for ammonium sulfate increased. By the end of the week, the mainstream ex factory price of coking grade ammonium sulfate in Shandong was 830-870 yuan / ton, that in Hebei was 780-820 yuan / ton, that in Shanxi was 740-780 yuan / ton, and that in Northeast was 700-800 yuan / ton. The domestic ammonium sulfate Market is stable, new orders increase, and the market trend is good.

This week, the downstream compound fertilizer continued to consolidate stage, the market remained stable. Compound fertilizer raw material prices are still high, in the cost price support, compound fertilizer market is strong. Due to the cost pressure, compound fertilizer continued to consolidate at a high level in the short term.

3、 Future forecast

Business community ammonium sulfate analysts believe that the current coking grade ammonium sulfate Market see good, the new single increased. Downstream just need to purchase, go goods smoothly. The market of domestic ammonium sulfate is stable, the supply of goods is tight, and the trading volume is good. It is expected that ammonium sulfate will be in stable operation at high level in the short term.

According to the monitoring data of business agency, the chlor alkali plate rose as a whole after May 1st. The prices of products in each industry are as follows:

commodity , Price on May 1 , Price on May 12 , Company , Up and down

PVC , 8962.5, 9250, Yuan / ton , 3.21%

Calcium carbide, four thousand five hundred and fifty , four thousand six hundred and eighty-three point three three Yuan / ton, 2.93%

Light soda,, one thousand seven hundred and fifty-two , 1760, Yuan / ton , 0.46%

Caustic soda, 457.5, 457.5, Yuan / ton , 0

hydrochloric acid , two hundred and twenty-six point six seven , 226.67, Yuan / ton, 0

From the above figure, PVC price rose 3.21%, calcium carbide rose 2.93% and soda ash increased by 0.46%. Today, we will take a stock of the chlorine alkali products with better price rise.

First, we will look at the calcium carbide: on May 1, the average price of the Northwest market of calcium carbide was 4550 yuan / ton, and the average price of Northwest calcium carbide Market on May 12 was 4683.33 yuan / ton, and the price rose 2.93%. The reason for the price increase is that the raw material, orchid carbon, has been greatly increased, and the cost of calcium carbide is well supported. Downstream PVC market also rose slightly in the near future, downstream customers are more active in calcium carbide procurement. The future market expects the factory price of calcium carbide in Northwest China, low price consolidation of upstream orchid carbon and high consolidation of PVC market in the downstream. The enthusiasm for calcium carbide procurement is general, or small shocks will be sorted out.

Next, we will see PVC: May 1 holiday returns, PVC futures market is open, prices rise strongly, driving the spot trend direction. The trading quotient also rose, and the market overall focus shifted upward. Recently, the price of raw materials calcium carbide has increased, and the cost side support is stronger. In May, the number of maintenance enterprises increased, the market supply is tight, and the price of PVC is up. At present, the export side has weakened, but the domestic market is relatively stable. The quotation of downstream products industry also increases with the rising of raw material market. However, the acceptance of high price PVC is still low, the market transaction is light, and the purchase needs to be maintained and replenishment is bargain hunting.

From the above figure of the industrial chain, the upstream coke price rose 12.84%, calcium carbide rose 2.93% and PVC price increased by 3.21%. The near future profit of the downstream steel plant of coke is high, the starting rate of the steel plant is high, the demand for coke is good, the coke inventory in the plant is low, and there is obvious demand for replenishment. And on November, coking enterprises rose in the sixth round. Upstream prices rose, and calcium carbide prices followed. PVC price has demand side support, and in May, the number of maintenance enterprises increased, the source of goods decreased, and the PVC price also followed up.

Soda: the total stock of soda is large, but there is still uneven distribution. Now, the soda is mainly executed in the early stage, the demand side is relatively stable, the downstream normal procurement, and the enterprise actively delivers the main. From the upstream and downstream: upstream and demand: upstream: the national salt market is stable mainly, and the market atmosphere is stable. Salt enterprises have sufficient inventory, and downstream mainly purchase on demand, and it is expected that the short-term raw salt market will be stable to sort out the operation market. The price of glass in downstream rises, which supports the price of soda, or drives the demand for soda. But downstream glass is in a wait-and-see state for high price alkali, and the acceptance is not high, so the buyer and the seller still start price game.

Business analysts believe: upstream orchid carbon prices low consolidation, downstream PVC market high consolidation, the general enthusiasm for calcium carbide procurement. It is expected that the price of calcium carbide will be consolidated in the later period. At present, the new maintenance enterprises in May are still few, and most of them are routine maintenance, and the parking time is short, and the impact on supply is limited, so PVC can not continue to go higher. In addition, high price raw materials inhibit demand release, export resistance rise also pressure spot trend, short-term PVC market or continue high volatility. Domestic soda is stable and small. Downstream glass mainly purchases soda on demand, and has a conflict with high price soda. In a comprehensive view, the short-term price of soda continued to be consolidated. In general, the overall consolidation operation of the price of chlor alkali plate is mainly in the later stage.

The domestic ethanol market is low, and the performance of each region is slightly different. According to the sample data monitored by the business agency, as of May 12, the domestic ethanol market price was 6620 yuan / ton, with a month on month decrease of 4.23% and a year-on-year increase of 14.88%.

There are some differences in domestic ethanol market consolidation among different regions: Northeast, East China and Henan; The ethanol market in Dongguan is up, and the port quotation is stable; The ethanol market in Guangxi is up; The ethanol market in Yunnan is stable; Sichuan Baijiu market outlook, liquor demand in the off-season, the market turnover was light.

In terms of raw materials, the price of corn fluctuated and rebounded. Factors such as the rise of internal and external corn depots, some deep processing to supplement the depots, the weakening willingness of grain holders to sell grain, and the policy to stop shooting wheat boosted the market’s bullish sentiment. In May, China’s breeding and feeding corn will continue to grow. In the first half of the month, the breeding market is in the transition stage from off-season to peak season, and the growth rate of corn demand is slow. In the second half of the month, the peak season of demand is gradually approaching, and the contradiction of corn supply shortage is gradually highlighted. Downstream, the domestic ethyl acetate market continued to be weak. The price of acetic acid on raw material side dropped sharply, ethyl acetate itself had no power, and the downstream terminals were mainly rational about the purchase of ethyl acetate, the new orders in the market were insufficient, and the market passively followed the trend of raw material side weakening. The start-up of ethyl acetate industry is stable, the market spot supply is sufficient, the trend of raw material side continues to be weak, and ethyl acetate continues to follow the weak trend passively.

Latest price trends of ethanol market in different regions:

Region, category, price

Sichuan area Corn alcohol About 7500-7600 yuan / ton, including tax

Yunnan Province Molasses alcohol 6850 yuan / ton

Yunnan Province Cassava alcohol About 6900 yuan / ton

Heilongjiang area General grade of corn alcohol 6350 yuan / ton including tax

Jilin area Ordinary alcohol 6450 yuan / ton including tax

Guangxi region Honey alcohol 7150-7200 yuan / ton

Guangxi region Cassava alcohol 6700 yuan / ton

Guangxi region Anhydrous ethanol 7500 yuan / ton

Guangdong area Cassava alcohol About 7150-7200 yuan / ton

Guangdong area Anhydrous cassava ethanol About 7600-7800 yuan / ton

Shandong Province General level 6450-6550 yuan / ton

Shandong Province Superior grade of corn 6700-7400 yuan / ton

Shandong Province Corn without water 7300-7400 yuan / ton

Southern Jiangsu General level 6650-6700 yuan / ton

Northern Jiangsu General level 6450-6500 yuan / ton

Anhui Province Cassava general grade About 6450-6500 yuan / ton

Anhui Province anhydrous About 7400-7450 yuan / ton

Henan Province Top grade 6830-6850 yuan / ton, tax included

Henan Province Anhydrous ethanol 7400-7650 yuan / ton including tax

Hebei Province General level 7450-7500 yuan / ton

Hebei Province No water in coal 8100-8150 yuan / ton

Some large plants in Northeast China have been overhauling and lightening the load, while others have been gradually feeding. The overall market supply has increased. Business community ethanol analysts expect that in the short term, the domestic ethanol market will be dominated by consolidation.

From May 6 to 8, 2021, the crude benzene market price was temporarily stable. This week, the price adjustment of most manufacturers was stranded. The bidding price of 29 days before the festival was still implemented, and the prices of some manufacturers in 10 days of the cycle changed.

In May 2021, Sinopec’s listed price of pure benzene was raised once. At present, the price is 7700 yuan / ton, of which Qilu Petrochemical is 7650 yuan / ton.

Since the end of April, the external price of pure benzene has risen sharply, and the crude oil price has been consolidated at a high level in the same period. Supported by favorable fundamentals, Sinopec raised the ex factory price of pure benzene once before the festival, and the price rose again on the first day after the festival, with a total increase of 400 yuan / ton. The domestic pure benzene industry chain has a strong bullish atmosphere, downstream styrene and other markets are also strong operation, and the positive support of upstream and downstream is obvious. After the festival, the price of pure benzene is the main trend in hydrobenzene market. At present, the unit operation rate is at a normal level, and the demand for crude benzene is relatively stable.

In the future, the business community believes that there are many favorable factors in the fundamentals at present, and the downstream demand is temporarily stable. It is expected that driven by the rising price of the industrial chain, there will be upward space in the future.

Price trend:

According to the data of business club’s block list, the ABS market generally rose in April and then recovered, with different brands of products rising or falling. As of May 1, the average price of general ABS mainstream offer was about 18375 yuan / ton, which was 0.41% higher than the average price in early April and 72.54% higher than that in the same period of last year.

Factor analysis:

In terms of raw materials, styrene has been up since April. April market to undertake at the end of March, enterprise equipment maintenance, terminal replenishment volume. Inflation at the macro level and the favorable domestic demand expectation also affect the market. Many factors have stabilized the market of styrene. At the end of the month, the centralized maintenance was basically completed, the domestic supply recovered obviously, but the port cargo inventory position was low, and the on-site supply was still tight. Upstream pure benzene continued to rise, styrene cost side support is stable, it is expected that the trend will be positive in the short term.

As for butadiene, the domestic butadiene market was mainly volatile in April. The shutdown and maintenance of Fushun Petrochemical Plant boosted the business’s expectation of supply and demand in the small area, but it is still difficult to pull the butadiene market. The prices of Sinopec and some suppliers increased slightly, and some units were shut down during the month. The butadiene market operation rate was once less than 60%. However, the market inventory digestion was slow, the supply continued to be under pressure, the supply in circulation was abundant, and there were many low price transactions, which dragged the butadiene market to a weak downward trend after a short-term shock. The strong external market operation boosted domestic exports in May. Recently, the short-term load of butadiene industry decreased, which promoted the de inventory. The downstream rubber market is weak and the inventory is under pressure, and the new production capacity is expected to be released. It is expected that the domestic butadiene market will be mainly consolidated in the short term.

In April, the ABS cost side market fluctuated, which generally supported the ABS spot price. The first half of last month to undertake the demand of home appliance industry market, boost the spot price. However, the sustained high operating rate of petrochemical enterprises leads to the increasing supply situation in the field. With the further abundant supply of goods in the market, the market competition is strengthened. In the middle of the month, the ABS market quickly recovered and fell below the average price at the beginning of the month. In the second half of the month, there was a small peak of goods preparation before the festival to ease the contradiction between supply and demand and stabilize the ABS fundamentals. At the end of the month, when the terminal stock is completed, the spot price position is still high, and the downstream resistance is strong.

Future forecast:

Business analysts believe that: ABS market rose in April after the fall, the price position of the basic return to the level at the beginning of the month. The trend of raw materials is different, and the support for ABS cost is acceptable. According to the business news agency, one of the main factors affecting the market in April is the continuous high opening rate, which broke the shortage situation in the early stage. At the same time, the abundant supply also strengthened the competition in the market. On the other hand, the end-users maintain high cost pressure, and the procurement operation tends to be rigid demand. On the floor buyers’ resistance weakens trading momentum. In the near future, the domestic ABS supply situation will continue, and it is expected that the spot price will maintain the horizontal consolidation operation, which does not rule out the possibility of a downward adjustment.

1、 Price trend

According to the monitoring of the business agency, the average port price of steam coal was about 830 yuan / ton on May 6, and 882.5 yuan / ton on May 7, with a single day increase of 6.33%. On May 6, the steam coal commodity index was 100.00, up 0.45 points from yesterday, down 20.00% from the cycle’s highest point of 125.00 points (2021-01-19), and up 123.71% from the lowest point of 44.70 points on January 20, 2016（ Note: period refers to the period from September 1, 2011 to now

2、 Analysis of influencing factors

In terms of origin, during the May Day festival, the main production area of steam coal basically maintained a stable state, the pit sales were good, and the coal price in Ordos area of Inner Mongolia temporarily stabilized, but due to the impact of environmental protection inspection, the coal supply was generally in a tight state.

Downstream power plants: in terms of power plants, the coal inventory of power plants is at a low level, and the peak summer is coming. In May, power plants have a strong desire to replenish the stock, and traders are reluctant to sell at high prices, so they are optimistic about the future market. After the overhaul of Datong Qinhuangdao railway line, the volume of the north port transfer increased significantly, and the amount of transfer was increased by about 300 thousand tons during the maintenance period. But the Bohai Rim port inventory is at a low level. Data show that as of April 30, the inventory of Qinhuangdao port was 4.42 million tons, down 115000 tons from March 31.

Macro: the overall release of raw coal is not as expected. On April 16, the National Bureau of statistics released data showing that in March, China produced 340.76 million tons of raw coal, a year-on-year decrease of 0.2%, an increase of 9.4% over March 2019, an average increase of 4.6% in two years, and an average daily output of 10.99 million tons; The imported coal was 27.33 million tons, a year-on-year decrease of 1.8%. In the first quarter, China produced 970.56 million tons of raw coal, a year-on-year increase of 16.0%, an increase of 15.4% over the first quarter of 2019, and an average increase of 7.4% in two years; The import of coal was 68.46 million tons, a year-on-year decrease of 28.5%.

Analysts from business news agency believe that: at this stage, the overall supply of thermal coal in the producing area is in a tight state, and the downstream power plants have inventory demand, and the demand for thermal coal is good. And the peak summer is coming, there is still a strong demand for thermal coal replenishment, and the market sentiment is hot. Traders are reluctant to sell at the price, and they are optimistic about the later period as a whole. On the whole, thermal coal is mainly in strong operation, See the downstream market demand specifically.

According to the monitoring data of the business news agency, the external price of ethylene has risen recently. On April 29, the price was $1158.50/ton, and on April 30, the average price of ethylene was $1159.00/ton, up 0.04%. The current price has increased by 2.75% month on month, and the current price has increased by 227.63% year on year.

In the near future, the overall external ethylene market showed a slight upward trend. The price of ethylene market in Asia was stable. As of the 29th, CFR closed at US $1102-1110 / T in Northeast Asia and US $1047-1055 / T in Southeast Asia. The price of ethylene market in Europe fluctuated and rose. As of the 29th, FD in northwest Europe closed at US $1260-1273 / T and CIF in northwest Europe closed at US $1210-1221 / T. The price of ethylene in the United States is stable. As of the 29th, the price is US $1140-1152 / ton. Recently, the market of ethylene in Europe, America and Asia is generally stable and rising, mainly due to slight fluctuations in Europe. Generally speaking, the trading atmosphere of the whole ethylene external market is acceptable, with a slight rise in the market.

International: on April 29, international oil prices rose significantly, with the settlement price of the main contract in the US WTI crude oil futures market at US $65.01/barrel, up US $1.15 or 1.8%. The settlement price of the main contract in Brent crude oil futures market was US $68.56/barrel, up US $1.27 or 1.9%, mainly due to the strong performance of US economic data and the weakness of US dollar, and the expectation of demand recovery outweighed the market’s worry about the epidemic situation in India and other places.

The recent volatility of styrene in East China market has fallen, because with the end of replenishment at the end of the month, the follow-up of styrene high price spot is weak, in addition, the futures adjustment is accelerated, the expectation is gradually realized, and the downstream is cautious and wait-and-see. GPPS suffered a serious loss, EPS suffered a small loss, and some downstream companies reduced production and sold raw materials; In addition, the maintenance plan of some domestic and South Korean units was delayed in May, and Huatai and SINOCHEM Hongrun planned to put into production, etc., resulting in loose supply in the far end of the market. In the short term, the market atmosphere weakened and styrene showed a downward trend.

Ethylene analysts of business society chemical branch think: at present, in terms of crude oil, the US economic data strongly supports the market atmosphere, the market is optimistic about the global demand for crude oil, and the cost support is strong, so the data analysts of business society expect that the external price of ethylene will mainly rise next.

Spot precious metal prices were weak during the year, and prices rebounded in April

According to business news agency data, on April 30, the average price of silver market in the morning was 5321.67 yuan / kg, up 2.22% in the day, up 5.51% compared with the average price of 5061 yuan / kg in the spot market at the beginning of the month (April 1); Compared with the beginning of the year (01.01), the spot price of silver was 5550 yuan / kg, a decrease of 4.11%.

On April 30, the spot price of gold was 369 yuan / g, down 1.2% within the day, up 1.55% compared with the average price of 363.35 yuan / g in the early morning of the month (4.1); The spot price of gold was 392.70 yuan / g at the beginning of the year (01.01), down 6.04%.

Strong domestic gold consumption in the first quarter

According to WGC data, China’s consumer demand for gold increased to 286.4 tons in the first quarter of 2021, in sharp contrast to the trend of global demand for gold falling to a 13 year low. China is the largest gold consumer in the world.

Among them, more than half of China’s gold demand comes from jewelry. Jewelry demand for gold reached 191.1 tons in the first quarter, the highest level since 2015.

Domestic gold production fell in the first quarter

In the first quarter of 2021, the domestic raw material gold output was 74.44 tons, 8.19 tons lower than that in the same period of 2020, 9.92% lower than that in the same period of 2020, including 58.91 tons of gold mineral gold and 15.53 tons of non-ferrous by-product gold. Together with the gold production of imported raw materials in the first quarter, the total gold production in China was 98.43 tons, a year-on-year decrease of 7.39%.

Gold imports rose slightly in the first quarter

In the first quarter, the supply of imported gold raw materials increased steadily, and the gold production of imported raw materials was 23.99 tons, up 1.41% year on year.

Gold price stops falling in April

The sharp fall of gold in the early stage is mainly due to the high yield of us long-term treasury bonds, the continuous rise of US stock market, the positive trend of international commodities, and the weakening of speculative enthusiasm of precious metal market. In April, the price of precious metal gold began to stop falling, stabilized and recovered slightly.

Periodic warming is mainly based on two factors

First, the domestic precious metal consumer market is hot, the gold price has doubled, the market has been cut, and the demand for physical consumption has soared.

Second, in the long run, the real interest rate will remain low, the central banks of developed economies will continue to buy government debt, the industrial demand will increase, and the consumer demand for jewelry and gold and silver ware will also increase. Precious metals have the power to recover.

1、 Price trend

According to commodity data monitoring, the price of Yunnan Guizhou yellow phosphorus rose this month. The average price of yellow phosphorus was 16900 yuan / ton at the beginning of the month and 17733.33 yuan / ton at the end of the month, with a slight increase of 4.93%.

2、 Market analysis

The domestic yellow phosphorus market price rose this month. Affected by environmental factors, large factories in Yunnan stop, yellow phosphorus spot is relatively tight. In the middle of April, the downstream started to prepare goods before May Day, the price of yellow phosphorus rose rapidly, and the price of new orders gradually rose. In the last ten days, the price was high, and the pre festival market was mainly for the supply of orders in the early stage. Some enterprises no longer quoted prices and suspended receiving orders. So far, the mainstream price of Yunnan yellow phosphorus is about 17600-17800 yuan / ton; The mainstream price in Sichuan is about 17700 yuan / ton; The mainstream price in Guizhou is about 17800 yuan / ton.

In terms of raw materials, the domestic phosphorus ore market continued to recover steadily in April, and the terminal downstream entered the peak season to purchase, which provided support for the price increase of phosphorus ore market. On the 6th, the market price of phosphorus ore ushered in the first large-scale price rise of this month. On the 19th, some phosphorus ore enterprises in Guizhou adjusted the price again, raising the market price of middle and low-end phosphorus ore again. Up to now, the reference price of 30% phosphate rock is 400-430 yuan / ton, 28% grade phosphate rock is 340-360 yuan / ton, and 22% grade phosphate rock is 220-260 yuan / ton. Among them, the price of 30% phosphate ore car plate of Xifeng phosphate ore mine in Guizhou was raised to 400 yuan / ton, and the price of 30% grade phosphate ore train station platform in Kaiyang Guanglong, Guizhou was raised to 420 yuan / ton.

In terms of coke, the coke markets of Shandong Port and port are still relatively strong. At present, the mainstream spot ex warehouse price of quasi primary metallurgical coke in port area is about 2500 yuan / ton, and the price of primary coke is 2600 yuan / ton, which is 120 yuan / ton higher than that of the previous trading day. The port trading situation is fair, the market traders are bullish in the future, and the quotations are generally on the high side. Restricted by the site, the situation of port gathering slowed down.

The downstream phosphoric acid market rose slightly this month, by about 2%. Near the May Day holiday, there are not many new orders, and the market is stabilizing. According to the monitoring of business news agency, as of April 28, the quotation in Sichuan is 4900-5650 yuan / ton, that in Yunnan is 5200 yuan / ton, that in Beijing is 4800 yuan / ton, that in Hubei is 5200-5500 yuan / ton, that in Tianjin is 5900 yuan / ton, that in Hebei is 5500 yuan / ton, and that in Guangxi is 5200-5320 yuan / ton, The price of phosphoric acid rose steadily in April.

3、 Future forecast

Yellow phosphorus analysts of business society chemical branch believe that the domestic yellow phosphorus market price rose this month, and the spot on the floor continued to be tight. The price of phosphorus ore and coke in the upstream rose, while the price of phosphoric acid in the downstream rose. The market price is basically stable before the festival, and it is expected that the price of yellow phosphorus will be stable temporarily in the short term.

On April 28, 2021, the price of silicon metal (441) was stable. According to the data of business news agency, the average market price of domestic silicon metal (441) was 13000 yuan / ton on April 28, down 4.70% compared with the average market price of 13641.67 yuan / ton at the beginning of April (4.1).

The price of 441 ᦇ silicon in different regions on the 28th is as follows:

The price range of silicon metal in Fujian is 12400-12500 yuan / ton, that in Sichuan is 12800-12900 yuan / ton, that in Kunming is 12900-13100 yuan / ton, that in Shanghai is 13500-13700 yuan / ton, and that in Tianjin port is 12800-12900 yuan / ton, The price range of silicon metal in Huangpu port is 13200-13300 yuan / ton.

Acrylic acid price stable, market inquiry

(Figure: p-value curve of acrylic acid product source: Commodity analysis system of Business Association)

2、 Market analysis

On April 27, the acrylic acid market was stable. According to the data of the business club’s block list, as of April 27, the average quotation price of acrylic acid in East China was 10133.33 yuan / ton, which was flat compared with the previous trading day, increased by 1% compared with last Tuesday (April 20), and decreased by 2.88% compared with the price at the beginning of the month. At present, the price of raw material propylene is still at a high level, the cost support is obvious, the downstream is purchased on demand, the market transaction is orderly, and the acrylic acid market is temporarily stable.

According to the data monitoring of the business association, the recent acrylic acid prices of some enterprises (for reference only, the actual transaction prices of different brands, different specifications and products are mainly negotiated)

enterprise market price Specifications date

Jinan Mingwei Chemical Co., Ltd 9500 yuan / ton Commercial standard: propanoic acid; Grade: superior 2021-4-27

Jinan aochen Chemical Co., Ltd 10500 yuan / ton Commercial standard: propanoic acid; Grade: superior 2021-4-27

Jinan aochen Chemical Co., Ltd 11200 yuan / ton Spermic acid; The content was 99.7%; 2021-4-27

Jinan Mingyu Chemical Co., Ltd 9300 yuan / ton Commercial standard: propanoic acid; Grade: superior 2021-4-26

Jinan jinrihe Chemical Co., Ltd 11000 yuan / ton Commercial standard: propanoic acid; Grade: superior 2021-4-26

Shandong ruishuang Chemical Co., Ltd 9800 yuan / ton 99.90%, superior products 2021-4-25

Upstream propylene, as of April 26, Shandong propylene market prices declined slightly. According to the price chart of the business association, the price of propylene decreased sharply in the second half of March and rose at the end of the month. At the beginning of April, the market price rose slowly, with an average daily increase of about 50 yuan / ton. From the 6th, the price rose steadily, from the 16th, it rose steadily at the rate of 50 yuan / ton every day, and from the 23rd, it began to stabilize. Today, the price finally dropped by about 50 yuan / ton. At present, the market turnover is between 8550 yuan / ton and 8700 yuan / ton, and the mainstream price is about 8550 yuan / ton.

3、 Future forecast

Acrylic acid analysts of business news agency believe that at present, the upstream propylene price is weakening, but the cost pressure still exists. Market inquiries and transactions are general. It is expected that the acrylic acid market may be stable in the short term, and more attention should be paid to market information guidance. general

1、 Price trend

As can be seen from the figure above, the ex factory price of isooctanol in Shandong Province rose this week. This week, the average price of isooctanol in Shandong Province rose from 13233.33 yuan / ton at the beginning of the week to 13900.00 yuan / ton at the end of the week, up 5.04%, 143.86% year on year compared with the same period last year. Overall, the market of ISO octanol rose this week, with the commodity index of ISO octanol at 102.21 on April 23.

2、 Market analysis

In terms of manufacturers’ quotations, the factory quotations of mainstream ISO octanol manufacturers in Shandong rose this week: Jianlan chemical’s quotation of ISO octanol this weekend was 13900 yuan / ton, up 700 yuan / ton compared with that at the beginning of the week; Lihuayi quoted 13900 yuan / ton of isooctanol this weekend, up 700 yuan / ton compared with the beginning of the week; Hualu Hengsheng quoted 13900 yuan / ton of isooctanol this week, up 600 yuan / ton from the beginning of the week.

From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of ISO octanol rose slightly this week, with the quotation rising from 8471.18 yuan / ton at the beginning of the week to 8604.91 yuan / ton at the end of the week, up 1.58%, 45.95% year-on-year. The price of raw materials in the upstream market rose slightly, affected by the supply and demand side, which had a positive impact on the price of isooctanol.

Isooctanol downstream market, DOP factory price rose slightly this week. DOP quotation increased from 11825.00 yuan / ton at the beginning of the week to 12125.00 yuan / ton at the end of the week, with an increase of 2.54%, and a year-on-year increase of 94.52%. Downstream DOP prices rose slightly, downstream customers had a good enthusiasm for octanol procurement, and the demand for ISO octanol was good. The future market operators mostly watched the trend of DOP.

3、 Future forecast

In late April, the market trend of isooctanol in Shandong was mainly up in a small range. The upstream propylene market rose slightly, the raw material support was good, the downstream DOP market was consolidated at a high level, the downstream purchasing enthusiasm was normal, and the supply of isooctanol was normal. Isooctanol analysts of business society think: in late April, under the influence of supply and demand, raw materials and other aspects, the market of isooctanol in Shandong may rise slightly.

The price of aluminum fluoride was temporarily stable this week, and the overall market of aluminum fluoride was basically stable. According to the data of business news agency, the domestic price of aluminum fluoride was 8966.67 yuan / ton on April 25, which was the same as that of last week.

Aluminum prices rose slightly this week

According to the monitoring of business news agency, the aluminum price rose slightly this week. This week, the aluminum price failed to continue the previous rise, and the aluminum price stabilized. The stabilization of aluminum price is beneficial to aluminum fluoride, and the stimulation is weakened, and the aluminum fluoride market is temporarily stable.

The price of fluorite and hydrofluoric acid in the upstream remained stable, which did not stimulate the aluminum fluoride Market. The aluminum fluoride started to operate at low load, and the social inventory was still high; The original inventory of downstream electrolytic aluminum is mainly consumed, and the demand for aluminum fluoride bidding procurement is general at present. Overall, the price of aluminum fluoride is stable.

Analysts of aluminum fluoride industry in business news agency believe that: the prices of fluorite and hydrofluoric acid in the upper reaches are stable at a high level, the basic stimulation of aluminum fluoride market is insufficient, the aluminum fluoride market is temporarily stable, and the domestic aluminum fluoride price is strong and stable in the future.

On April 23, domestic polysilicon prices continued to rise, domestic manufacturers and import prices remained high, especially the import source increased significantly. At present, domestic polysilicon manufacturers have successively signed new orders in May. The manufacturers are willing to support the price, and the ex factory price is strong. At present, the operating rate of domestic polysilicon manufacturers remains at a high level. Up to now, most of the domestic silicon material manufacturers are operating normally. The two equipment are maintained and started with reduced load. The enterprises maintain a high operating rate and the market supply is stable. The inventory pressure of enterprises has eased. This week, the silicon chip manufacturers did not adjust the price. The demand of downstream silicon chip manufacturers is stable. After several rounds of silicon chip price increases, the tolerance of the downstream to high price silicon materials has increased, and the purchasing volume has not decreased. However, the terminal cost pressure is relatively high, and the component purchasing has a slowing trend, which continues to go up or is hindered. According to the monitoring of the business association, the current mainstream transaction price of polysilicon, which is grade I solar material, is 76000-82000 yuan / ton in China.

In the future, polysilicon analysts from the business community believe that the polysilicon market may still be affected by the shortage of goods, and the price is mainly strong and upward. Considering the current high point, the upward range and momentum may slow down.