1、 Price trend

According to commodity data monitoring, the price of Yunnan Guizhou yellow phosphorus rose this week. The average price of yellow phosphorus was 17366.67 yuan / ton last Thursday and 17733.33 yuan / ton this Thursday. The price rose by 2.11% in the week.

2、 Market analysis

This week, the overall trend of domestic yellow phosphorus market is upward, the yellow phosphorus market continues to stock before the festival, the spot on the floor is tight, and the manufacturer’s quotation is high. Up to now, the mainstream price of yellow phosphorus in Yunnan is about 17500-17700 yuan / ton; The mainstream price in Sichuan is about 17500 yuan / ton; The mainstream price in Guizhou is about 17800 yuan / ton.

In terms of raw materials, as of April 21, the average reference price of 30% grade phosphorus ore in mainstream areas in China was around 480 yuan / ton. Compared with April 18, the average price increased by 10 yuan / ton, or 2.31%. Compared with April 1 (the average reference price of phosphate rock was 446 yuan / ton), the average price increased by 34 yuan / ton, or 7.46%. Business community phosphorus ore analysts believe that, supported by the just need to prepare goods before the festival, the market price of phosphorus ore is expected to be strong and high in the near future, and the price of individual regions is expected to continue to explore.

In terms of coke, the coke markets of Shandong Port and port are relatively strong. At present, the mainstream ex warehouse price of quasi primary metallurgical coke in port area is about 2300 yuan / ton, and the price of primary coke is 2400 yuan / ton, which is temporarily stable compared with the previous trading day. The volume of port collection dropped slightly, the site was tight, and the increase of port inventory was postponed. At present, the sales situation of coking enterprises is good and the production is positive. Some coking enterprises have started the second round of increase, but the downstream steel mills have not responded yet. Hebei, Shanxi and other places strictly implement the environmental protection production restriction, among which Jinzhong Area of Shanxi Province has a certain impact on the overall output, and the supply of some high-quality coke is tight. At present, the coking enterprises have a good mentality, and the future market is expected to be bullish.

In terms of downstream phosphoric acid, the average price of domestic phosphoric acid was 5216.67 yuan / ton last Thursday and 5250 yuan / ton this Thursday, according to the block data list of business society. The price rose by 0.64% in the week. According to the phosphoric acid analysts of the chemical branch of business society, the raw material side rose before the festival, and the supporting force gradually strengthened. The phosphoric acid market rose steadily. Some enterprises have made a tentative rise, and it is expected that there will still be a rise in the short term, but the terminal demand follow-up is general, so the upward range is not large.

3、 Future forecast

Yellow phosphorus analysts from the chemical branch of business society believe that the price of yellow phosphorus will rise this week. The yellow phosphorus market continued to be stocked before the festival, the spot on the floor was tight, the transaction price of new orders was high, and the main manufacturers issued early orders. It is expected that the price of yellow phosphorus will be high in the short term.

Magnesium market trend

On April 20, 2021, the price range of magnesium ingots (99.9%, non pickling, simple packaging) ex factory cash including tax in the main production areas in China is 16200-16600 yuan / ton, mainly through actual single negotiation.

The specific price range of each region is as follows:

In fugu area, the ex factory spot exchange including tax is 16200-16500 yuan / ton; in Taiyuan area, it is 16400-16500 yuan / ton; in Wenxi area, it is 16400-16600 yuan / ton; in Ningxia area, it is 16300-16400 yuan / ton.

Magnesium ingot is original magnesium ingot according to national standard (GB / t3499-2011); non pickling, no wooden pallet and non payment acceptance price, mainly based on single negotiation.

According to the data of the business association, the average market price of the main production areas on the 20th was significantly higher than that quoted last weekend, with a range of 500-800 yuan / ton.

It is reported that the strong rebound of magnesium ingot price this week is mainly based on two factors.

On the supply and demand side, the current market demand is relatively improved, the number of inquiries is increasing, and the manufacturers in the main production areas do not have much inventory. Affected by the price of raw materials, the early operating rate is not high, and the production is relatively insufficient. Last week, the price of aluminum rose sharply, breaking through the level of 10000, and the price performance ratio of magnesium used in the downstream increased.

In terms of import and export, according to the information of exporters, export orders began to pick up and rise, with an increase in order volume. The production in foreign countries has gradually recovered, and the demand for magnesium ingots has picked up.

On the whole, the current domestic shipping situation is good, some of the trading in advance. Analysts from business news agency believe that due to the relatively high price of coal, high cost pressure, low inventory of enterprises and large proportion of pre-sale transactions, manufacturers are relatively willing to support the price. It is expected that the price of magnesium ingot will be strong in the near future.

According to the data monitored by the business agency, as of April 20, the average quotation price of domestic premium DMF enterprises was 11766.67 yuan / ton. The domestic DMF market price fell slightly, and traders were cautious. Compared with yesterday’s price, the price fell by 0.56%. In the short term, the DMF Market fluctuated in a narrow range.

Domestic DMF market is weak, transaction atmosphere is general, negotiation focus is weak, just need to purchase is main, individual manufacturers are tight, logistics is smooth, shipment is normal, reference price East China market 12350-12500 yuan / ton, South China market 12600-12700 yuan / ton, upstream methanol: Shandong Luzhong market negotiation rises to 2370-2390 yuan / ton, negotiation atmosphere is general, goods go smoothly.

Business agency DMF analysts believe: it is expected that DMF will run weakly and stably in the short term, and the rising trend is not obvious. (to know more about the latest industry market trends, welcome to pay attention to the official account of the business community, obtain commodity information, and grasp the price of commodities).

From April 12 to April 16, 2021, the crude benzene market price decreased. The domestic ex factory price was 4399 yuan / ton at the beginning of the week and 4345 yuan / ton at the end of the week, with a weekly drop of 1.23%.

In April 2021, Sinopec’s pure benzene listing price was raised four times, and now it is 7000 yuan / ton, among which Qilu Petrochemical is 6800 yuan / ton, and this week it is raised once, with a total of 150 yuan / ton.

The bidding price of crude benzene was lowered this week, and the bidding price in Shandong was lowered to 4280-42854150 yuan / ton, 230 yuan / ton lower than last week. At the beginning of the week, affected by the poor performance of styrene downstream of pure benzene, the price of domestic pure benzene market mainly declined, while the price of hydrogenated benzene followed the downward trend, which had certain pressure factors on crude benzene. This week, the bidding price declined, and the overall market transaction was general. As the styrene futures price strengthened, the price of pure benzene rose. Sinopec’s ex factory price of pure benzene rose on Thursday, which brought better support to the market.

In the future, the business community believes that the frequent price increase of Sinopec’s pure benzene is good for the downstream hydrogenated benzene market. The price of hydrogenated benzene is expected to rise, and the crude benzene price is expected to have room to make up next week.

As can be seen from the trend chart of, the dimethyl ether Market opened a rising channel when it entered April, and the price continued to push up, but in the middle of the month, that is, on the 15th, the market inflection point appeared. According to the data monitoring of business news agency, the average price of dimethyl ether in Henan market was 3185.00 yuan / ton on April 1 and 3365.00 yuan / ton on April 15, with a half month increase of 5.65%, up 9.61% from March 1. As of April 15, the domestic market prices of dimethyl ether are as follows:

Region specification Date Quotation

Mass fraction of dimethyl ether in Shandong area: ≥ 99.0% on April 15th 3520 yuan / ton

The mass fraction of dimethyl ether in Hebei area: ≥ 99.0% on April 15 to 3580 yuan / ton

Mass fraction of dimethyl ether in Henan Province: ≥ 99.0% April 15: 3400-3420 yuan / ton

In the first ten days of April, due to many positive factors in the dimethyl ether Market, the price continued to rise. On the one hand, the market focus of raw material methanol has moved up, and the upward cost has brought obvious benefits to the dimethyl ether Market. On the other hand, the LPG market began to rise on March 22, and the price difference between gas and ether gradually widened, boosting the market mentality. Finally, on the supply side, affected by many factors, the operating rate of dimethyl ether Market has declined compared with the previous period. At present, the operating rate of domestic dimethyl ether Market is only about 12%. And after the Qingming Festival holiday, there is a demand for downstream storage and replenishment. Under multiple positive factors, the price of dimethyl ether continued to rise to a relatively high level.

However, on April 15, the inflection point of DME market appeared, and the main production areas of Henan Province fell by 0.81%. The cost of methanol weakened significantly on the 12th, and the growth rate of LPG civil market narrowed. With the gradual digestion of the favorable market, the lower reaches showed more resistance to high prices, and the enthusiasm for entering the market was significantly weakened compared with the earlier stage. Some manufacturers were blocked in shipping. The main production areas in Henan Province were more obvious, and the manufacturers’ inventory pressure increased. Henan xinlianxin implemented the minimum policy on the 15th, and temporarily did not make external quotation. Shandong and Hebei are relatively stable.

The cost of methanol market, domestic methanol spot market recently rose slowly. According to the monitoring of business news agency, as of April 14, the average price of domestic methanol production enterprises in Shandong was 2370 yuan / ton, with a month on month decrease of 3.27% and a year-on-year increase of 32.40%. Due to the low inventory and limited supply of goods, the prices of some production enterprises in Northwest China keep rising, while those in inland China keep rising.

On the whole, the methanol cost market stopped falling and rising, but the range was limited. The civil LPG market continued to rise, and the rise was significantly narrowed compared with the previous period, which brought general benefits to the market. On the supply side, the operating rate of dimethyl ether Market has increased in the past week. At present, the operating rate of the market is about 13.5%, and the supply is relatively sufficient. On the demand side, a new round of replenishment in the lower reaches has ended, and the resistance to high prices has increased, and they have withdrawn from the market to wait and see. In addition, as the temperature is still rising, the demand may continue to decline, and the negative market factors are still rising. The business association thinks that the price of dimethyl ether will still drop slightly in the short term.

1、 Price trend

According to the monitoring data of the business agency, the average price of domestic chlorinated paraffin 52 was 5500 yuan / ton on April 12, and 5566 yuan / ton on April 16, which increased by 1.21% this week.

2、 Market analysis

The domestic price of chlorinated paraffin rose in the week. At present, the ex factory price of chlorinated paraffin 52 in Anhui Province is about 5500-5700 yuan / ton, that in Northeast China is about 5500 yuan / ton, and that in Shaanxi Province is about 5600 yuan / ton.

In terms of liquid wax, affected by the rise of crude oil, the market price of liquid wax rose steadily this week, and the overall trading atmosphere was good. This week, the liquid chlorine market changed frequently, and the prices in most regions generally increased. The price in North China fluctuated greatly, and the market in Northeast China was stable. At present, the overall market is slowing down, and there may be downward space next week.

3、 Future forecast

Business community chlorinated paraffin analysts believe that the current chlorinated paraffin raw material market is generally good, the price fluctuates slightly, and the cost support is strong. It is expected that the price of chlorinated paraffin will run smoothly in the short term.

With the end of Qingming holiday, Shandong propane market continues to rise. At present, the average price of Shandong market has exceeded 4800 yuan. According to the data monitoring of business news agency, the average market price of propane was 4505.75 yuan / ton on April 6 and 4843.25 yuan / ton on April 13, with an increase of 7.49% after the holiday and 24.75% compared with the same period last year.

After the Qingming holiday, Shandong propane Market showed a continuous upward trend, with a sharp rise this time. During the period, the price increase ranged from 300-350 yuan / ton. According to the data monitoring of business society, the average propane market price in Shandong in 2019 was 4527.50 yuan / ton; on April 13, 2020, the average propane market price in Shandong was 3882.50 yuan / ton; on April 13, this year, the average propane market price in Shandong was 4843.25 yuan / ton. Comparing with the data of the same period, we can see that the market price of propane is relatively high this year,

As of April 13, the mainstream propane prices in different regions in China are as follows:

13 April 2005

Propane in East China,% (V / V) not less than: 95 4380-4550 yuan / ton

In North China,% (V / V) is not less than: 95 4630-4700 yuan / ton

In Shandong Province,% (V / V) propane is not less than 95.4750-4950 yuan / ton

In South China,% (V / V) is not less than 95 4500-4550 yuan / ton

Propane in Central China,% (V / V) not less than: 95 4630-4796 yuan / ton

In April, the market began to repair one after another, and the market supply decreased, which brought obvious support to the market. Secondly, on April 8, the sharp rise of international crude oil brought good news to the market. In addition, after the holiday, there is a certain demand for replenishment in the downstream, the market entry is more positive, the market transaction atmosphere is better, the upstream inventory is low, the manufacturer’s mentality is better, and the price is pushed up to a high level one after another. At present, there are some differences between the north and the south in the domestic propane Market. The rising trend in the north is stronger than that in the south.

In terms of international market, Saudi Aramco announced in April that there was a downward trend in propane butane. Propane was 560 US dollars / ton, down 65 US dollars / ton compared with the previous month; butane was 530 US dollars / ton, down 65 US dollars / ton compared with the previous month.

On April 13, the small rise of international crude oil brought some support to the market, while Shandong propane market was still pushing up steadily. Although the range was narrower than that of the previous few days, the market transaction atmosphere was mild, and the upstream LPG market was also on the upward route. Generally speaking, the price in the northern market has risen to a relatively high level, while the price in the southern market is relatively low, and the inventory in Shandong market is mostly controllable. However, the bad news is still there. The weather is warming up, and the market demand is expected to decline. It is expected that the propane market will be relatively strong in the short term, with sporadic rise, but there is still a possibility of decline in the long term.

Recently, longmang Baili and other titanium dioxide enterprises have started a new round of price adjustment. Driven by market demand, the price of titanium dioxide continues to rise.

According to wind data, the titanium dioxide index fell 1.92% by the end of the 12th. Among the 10 stocks in the plate, 8 fell, 1 rose and 1 was flat. Huiyun titanium industry led the decline, down 4.98%, longmang Baili down 4.28%, BaoTi shares down 3.95%, Jinpu titanium industry down 0.66%, CNNC titanium white flat, Panzhihua Steel Vanadium Titanium rose 2.14%.

According to the data of Baichuan yingfu.com, as of April 12, the current market mainstream quotation of rutile titanium dioxide by sulfuric acid method is 20000-21000 yuan / ton, anatase titanium dioxide market mainstream quotation is 17300-18000 yuan / ton, and chlorination titanium dioxide market mainstream quotation is 22000-24000 yuan / ton.

In recent two weeks, titanium dioxide rose like a rainbow. On the 11th, longmang Baili announced that from now on, the sales price of various types of titanium dioxide (including sulfuric acid titanium dioxide and chlorination titanium dioxide) will be increased by 1000 yuan / ton for domestic customers and 150 US dollars / ton for international customers on the basis of the original price. Since the end of March, with Huiyun titanium industry taking the lead in price increase, the titanium dioxide market has started a new round of price increase since this year. Up to now, more than 20 enterprises, such as CNNC titanium dioxide, Jinpu titanium industry and longmang Baili, have announced to increase the price of titanium dioxide.

In terms of price information, mainstream enterprises have basically maintained a price increase of 1000 yuan / ton at home and 150 US dollars / ton at abroad. Among them, some manufacturers in Southwest China sent letters twice, with a total increase of 2100 yuan / ton. The two letters were only ten days apart.

Kaiyuan securities recently released a research report showing that the prices of titanium concentrate, anatase titanium dioxide and rutile titanium dioxide increased by 10.34%, 12.66% and 5.18% respectively in the past 30 days.

Titanium dioxide is one of the main products of titanium coating industry chain. Mainly used in plastics, coatings, paper, ink, chemical fiber, cosmetics and other industries. Western securities analysis pointed out that in April, the rising price of titanium dioxide was fierce, because the raw material titanium ore increased too much. Small and medium-sized factories mainly purchased titanium ore, which was limited by the price of raw materials. In addition, the current market demand was relatively strong, so manufacturers took orders first and then produced. For the expected price change of raw materials, they need to make advance quantity, and then reasonably price and schedule production according to the orders in hand. From the perspective of this round of price adjustment, we can basically conclude that the market continues to be high and upward.

1、 Price trend

This week, the price of isooctanol in Shandong Province fell first and then rose. This week, the average ex factory quotation price of isooctanol in Shandong fell from 12500.00 yuan / ton on April 5 to 12100.00 yuan / ton on April 6, a decrease of 3.20%, and then rose to 12500.00 yuan / ton on April 9. Compared with the same period last year, it increased by 138.10%. On the whole, the market of ISO octanol was temporarily stable this week, with the commodity index of ISO octanol at 91.91 on April 9.

2、 Market analysis

In terms of manufacturers’ quotations, the factory quotations of mainstream ISO octanol manufacturers in Shandong fell first and then rose this week: Jianlan chemical quoted 12500 yuan / ton of ISO octanol this weekend, down 100 yuan / ton compared with the beginning of the week; lihuayi quoted 12400 yuan / ton of ISO octanol this weekend, up 100 yuan / ton compared with the beginning of the week; Hualu Hengsheng quoted 12600 yuan / ton of ISO octanol this week, down 100 yuan / ton compared with the beginning of the week, The price is stable for the time being.

From the perspective of 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 8094.36 yuan / ton at the beginning of the week to 8227.55 yuan / ton at the end of the week, up 1.65%, up 43.38% 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 high consolidation this week. DOP quotation fell from 11550.00 yuan / ton at the beginning of the week to 11525.00 yuan / ton at the end of the week, a decrease of 0.22%, up 98.71% over the same period of last year. The price of DOP in the lower reaches was high and consolidated. The customers in the lower reaches had a good enthusiasm for purchasing octanol, and the demand for ISO octanol was normal.

3、 Future forecast

In the middle of April, the market trend of isooctanol in Shandong Province may fluctuate slightly. 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 general. Isooctanol analysts from business news agency believe that: in mid April, under the influence of supply and demand, raw materials and other aspects, the isooctanol market in Shandong may rise slightly.

From April 5 to April 9, 2021, the market price of antimony ingot in East China rose slightly, at 72750 yuan / ton at the beginning of the week and 72750 yuan / ton at the end of the week, which was flat this week.

On April 8, the antimony commodity index was 101.28, which was the same as yesterday, decreased by 1.02% compared with 102.32 (2012-10-16), the highest point in the cycle, and increased by 115.58% compared with 46.98, the lowest point on December 24, 2015. (Note: period refers to the period from September 8, 2012 to now).

This week, the antimony ingot market continued to maintain a high and stable trend. In the past month, the price continued to be stable, the market supply and demand situation was slightly balanced, most of the transactions were purchased on demand, and the downstream was in a strong wait-and-see mood. Antimony ingot manufacturers supply is still tight, strong willingness to price. The environmental protection supervision team has been stationed in Shanxi, Liaoning, Anhui, Jiangxi, Henan, Hunan, Guangxi, Yunnan and other provinces. The follow-up will have a certain impact on the smelting of antimony ingot.

As of April 9, the average price of two low bismuth antimony ingots was 70500 yuan / ton, one high bismuth antimony ingot was 72000 yuan / ton, one high bismuth antimony ingot was 73000 yuan / ton, and the average price of two high bismuth antimony ingots was 65500 yuan / ton.

At present, the price of antimony ingot has been at a historical high, and the downstream pressure is relatively large. In the future, without obvious impact on the basic supply and demand side, it is expected that the price of antimony ingot is still high and stable. In the future, we will focus on the impact of environmental protection supervision on the start-up of smelters in the main production areas.

Relevant data:

According to customs statistics, in December 2020, China’s import volume of antimony ore and concentrate was 835.1 tons, a month on month decrease of 64.0% and a year-on-year decrease of 85.8%.

China’s import volume of antimony oxide in January 2021 was 61.15 tons, a year-on-year decrease of 7.7%; China’s export volume of antimony oxide in January 2021 was 4794.08 tons, a year-on-year increase of 30.16%.

According to the data monitoring of business news agency, since March, the trichloromethane market in Shandong Province has gone up and down, with a price of 3030 yuan / ton at the beginning of the month, a peak of 4310 yuan / ton at the middle of the month, and then dropped to 3750 yuan / ton at the end of the month, with an overall amplitude of 42.24% within the month and an increase of 23.76% at the end of the month compared with the beginning of the month.

First of all, affected by the enterprise burden reduction and low inventory, the spot supply of chloroform in Shandong was tight in March. According to the business news agency, Jinling Dongying methane chloride plant was shut down in mid March, Jinmao methane chloride plant was shut down, Dongyue’s start-up load was not high, and about 90% of Luxi’s start-up was near, so the market supply was slightly tight. In the first ten days of the middle month, the downstream refrigerant manufacturers increased their stock, the trichloromethane shipment was smooth, and the price went up all the way. In the second ten days of the middle month, as the price of methane chloride was on the high side, the downstream was in conflict with the high price of trichloromethane, the transaction was weak, and the ex factory price of methane chloride manufacturers was moderately reduced. According to the monitoring of the business agency, as of March 31, the ex factory price of trichloromethane in Jinling, Shandong Province was about 3750 yuan / ton. The ex factory price of trichloromethane bulk water in Luxi Chemical Industry is 3500 yuan / ton.

Secondly, the price of raw materials is high and the cost is relatively strong. In March, the price of liquid chlorine rose sharply, while the price of methanol remained high, with strong cost support. According to the business news agency, the mainstream ex factory price of liquid chlorine for tank cars in Shandong Province increased from 1600 yuan / ton at the beginning of March to 2100 yuan / ton at the end of March; the price of methanol increased from 2295 yuan / ton at the beginning of March to 2377 yuan / ton at the end of March, with a slight increase of 3.59%.

Finally, at the beginning of March, there were sufficient orders for downstream refrigerants, the merchants were active in preparing goods, the overall shipment was smooth, and the start-up of manufacturers was relatively high; in the middle and late ten days, the demand for downstream refrigerants declined, the peak of foreign trade orders ended, and the domestic trade orders continued to be weak and stable.

According to the methane chloride data of business news agency, the inventory pressure of trichloromethane production enterprises in Shandong is not big, the raw material price rises sharply, and the cost support is relatively strong. Although the demand side drops slightly in the short term, the downstream refrigerants still need to be supported in the later period as the weather gets warmer. It is predicted that the price of trichloromethane will rise steadily in April.

In March, the domestic ethanol market went down in a narrow range. According to the sample data monitored by the business community, the domestic ethanol market price was 7262 yuan / ton on March 1, and the domestic butadiene market price was 7187 yuan / ton on March 31, with a decrease of 1.03% and a year-on-year increase of 36.58%.

In terms of regional market conditions, the northeast, East China and Henan markets are down, the South China and Guangxi molasses ethanol market is weak, the Dongguan ethanol market is down, the Anhui market is weak, the Sichuan market is weak, and the Yunnan market is stable.

From the perspective of raw material corn, this month’s raw material corn market went down, dipingliang (Chaoliang) concentrated on the market, traders were eager to ship, the arrival volume of deep-processing enterprises increased, and enterprises took advantage of the trend to lower prices; African swine fever made a comeback, feed demand decreased; recent increase in corn imports, all of these factors combined to form a bad effect on corn. From the perspective of demand, terminal enterprises recover slowly, demand power is insufficient, and downstream enterprises purchase on demand.

This month, the logistics price will come to the top. The price of shipping from Jilin to Shandong is 140 yuan / ton, and from Heilongjiang to northern Jiangsu is 300 yuan / ton.

Latest price trends of ethanol market in different regions:

Region, category, price

Heilongjiang Province ﹣ corn alcohol general grade ﹣ 6700-6900 yuan / ton, tax included

Jilin Province ﹣ 6650 yuan / ton of ordinary alcohol, tax included

Henan Province ﹣ excellent grade ﹣ 7180-7250 yuan / ton, tax included

In Henan Province, ﹣ 7800-7950 yuan / ton of anhydrous ethanol including tax

Hebei Province: 7450-7500 yuan / ton

Hebei Province: 8100-8150 yuan / ton

Shandong Province: 6850-6900 yuan / ton

Shandong Province: 7500-7900 yuan / ton

In Shandong Province, ﹣ 7750-7800 yuan / ton

In southern Jiangsu Province, the price of ordinary grade is less than 7000 yuan / ton

In Northern Jiangsu Province, the price of the general grade is 6850 yuan / ton

In Anhui Province, the average corn yield is about 7150-7200 yuan / ton

About 6900-7000 yuan / ton of cassava in Anhui Province

In Anhui Province, the price is about 7850-7900 yuan / ton

About 7900-8100 yuan / ton of corn alcohol in Sichuan, including tax

About 7050 yuan / ton of molasses alcohol in Yunnan

About 6950 yuan / ton of cassava alcohol in Yunnan

In Guangxi, the price of honey alcohol is 7200-7300 yuan / ton

Cassava alcohol in Guangxi: 6800-7050 yuan / ton

In Guangxi, the consumption of anhydrous ethanol is 7600-7700 yuan / ton

About 7150-7200 yuan / ton of cassava alcohol in Guangdong

About 7700-7900 yuan / ton of anhydrous cassava ethanol in Guangdong

Some northeast enterprises have maintenance plan in April, but due to the limited downstream demand, the inventory is high, so the maintenance can not relieve the pressure. In the lower reaches, there will be a small increase in demand for Baijiu and a steady demand for ethyl acetate in chemical industry. Ethanol analysts of business associations expect that the supply of the market will be weak and the domestic ethanol market will be mainly sorted out after the short-term market supply is greater than demand.

1、 Price trend

According to the data monitoring of the business club’s block list, the price of bromine rose this month. At the beginning of the month, the average market price was about 34277.78 yuan / ton, and at the end of the month, the average market price was 35055.56 yuan / ton, up 2.27%, 16.85% over the same period last year. On March 31, the bromine commodity index was 123.00, which was the same as yesterday, reaching a record high in the cycle, up 108.76% from the lowest point of 58.92 on October 29, 2014. (Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

At present, the mainstream price of domestic bromine enterprises is about 35000-36500 yuan / ton, and the price of bromine is relatively strong. The bromine market in Shandong Province is in short supply, and the downstream flame retardants and intermediates are well started, so the demand for bromine is acceptable. Most bromine manufacturers have the intention to support the price, and the low price is hard to find.

In terms of raw materials: sulfur will rise first and then decrease this month. According to the price monitoring of business news agency, the average price of sulfur production in East China on March 30 was 1456.67 yuan / ton, down 1.35% from yesterday’s price. At present, the domestic price of solid sulfur is 1360-1490 yuan / ton, and the price of liquid sulfur is 1300-1460 yuan / ton. Refineries in various regions adjust their prices according to their own shipment situation, and the solid and liquid sulfur in North China and Shandong are slightly reduced. At present, refineries in various regions in China have low inventory, low purchasing enthusiasm in the downstream market and weak support. They are mainly in a standoff and wait-and-see situation. The demand of phosphate fertilizer industry in the downstream is stable. Coupled with the approaching of spring ploughing fertilizer, they have certain support for sulfur, and the sulfur market will wait-and-see in the later stage .

Analysts from business news agency believe that the downstream flame retardant and intermediate industry of bromine is developing well, and the demand for bromine is good. The overall inventory of bromine is low, and the supply of bromine is tight. The bromine manufacturers have obvious intention to support the price. It is expected that the price of bromine will still rise slightly in the short term, depending on the downstream market demand.

1、 Trend analysis

As shown in the figure above, on March 29, copper prices rose slightly, with spot copper price of 66283.33 yuan / ton, up 0.93% from the previous trading day, 14.37% from the beginning of the year, and 70.26% from a year earlier.

Suez Canal congestion, ships may bypass South Africa, causing transport costs concerns, London Metal Exchange (LME) on March 26, the latest inventory of Lun copper reported 123800 tons, compared with the previous trading day increased 2125 tons, an increase of 1.75%. Last week, copper stocks in the previous period increased slightly by 987 tons to 188359 tons, with a cumulative increase of 183.97% in the last eight weeks. China’s copper smelters decided not to set a minimum standard for the second quarter copper processing and refining charges (TC / RCS), saying that there is sufficient concentrate supply and the overhaul period is coming, which may reduce the supply of 200000 tons of copper. At present, the processing and refining charges have dropped to a 10-year low. It is expected that the short-term fluctuation of copper price is relatively strong and the operation is dominated.

Price trend

According to the data monitoring of the business association, the DOP market stopped falling and adjusted this week, and the DOP price stopped falling and stabilized. As of March 29, the DOP price was 11900.00 yuan / ton, down 13.77% from 13800.00 yuan / ton on March 1, and stabilized from 11900 yuan / ton at the beginning of last week (March 22). Raw material market rebounded, DOP market stabilized.

Isooctanol tends to stabilize

It can be seen from the price trend chart of isooctanol that the downstream industry chain is rising due to the rise of crude oil price. This week, the price of isooctanol stopped falling and rebounded, the cost of DOP raw materials rose, the downward pressure of DOP weakened, and the upward momentum increased. DOP market has a certain rise support.

Phthalic anhydride tends to be stable

From the trend chart of phthalic anhydride, it can be seen that the price of phthalic anhydride remained stable after the sharp fall this week, the market of phthalic anhydride stabilized, the cost of raw material phthalic anhydride of DOP slowed down, the cost of DOP stabilized, and the downward pressure of DOP weakened in the future.

Market summary and future expectation

Bai Jiaxin, DOP data analyst of business news agency, believes that the price of raw materials stopped falling and rebounded last week, the cost of DOP rose slightly, and the DOP market recovered briefly. With the reopening of Suez Canal, the crude oil price lost its support, and the downstream industry chain market fell. Affected by the epidemic situation in Europe and India, the risk of crude oil price falling in the future increased, the product price of downstream industry chain lost its support, the price of phthalic anhydride and isooctanol was expected to drop, the cost of DOP fell, the stability of DOP was difficult to maintain, and the downward pressure of DOP in the future was greater.

According to the price monitoring of business association, the market price of lithium carbonate in East China continued to rise steadily in March 2021. As of March 26, the average price of industrial grade lithium carbonate in East China was 86600 yuan / ton, up 11.6% compared with the average price at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 77600 yuan / ton on March 1). On March 26, the average price of battery grade lithium carbonate in East China was 90200 yuan / ton, up 8.94% compared with the average price at the beginning of March (the average price of carbon in East China was 82800 yuan / ton). Until the 26th, the comprehensive price of industrial grade lithium carbonate was between 82000-89000 yuan / ton, and that of battery grade lithium carbonate was between 86000-92000 yuan / ton.

According to the observation of market changes, since the beginning of March, the resumption of production and work in various industries has begun to improve, and the production of the industry has also been on the right track. Therefore, from this month, the procurement of raw materials by downstream enterprises has gradually increased and concentrated. However, due to the insufficient operating rate in Jiangxi and the price increase in Qinghai, the price of lithium carbonate has increased. Then, in mid March, the rising trend of lithium carbonate price gradually slowed down, the rising range decreased, the trading volume of lithium carbonate in the market gradually decreased, and the downstream supply of raw materials has been basically completed. Therefore, the market wait-and-see sentiment is obvious, coupled with mica and Salt Lake production began to pick up, the price trend began to stabilize.

In late March, the price of lithium carbonate still rose slightly. Some downstream enterprises replenished a small amount of lithium carbonate. At present, the inventory of lithium carbonate production enterprises is relatively low. In addition to the strong willingness of suppliers to support the price, the price is still rising. According to the price monitoring of the business community, the price of domestic lithium carbonate has been soaring since November 2020. So far, the price of industrial lithium carbonate has increased by more than 119.24%, and that of battery lithium carbonate has increased by more than 104.07%.

The price of downstream lithium hydroxide rose again in March. Due to the tight spot market, the downstream enterprises actively inquired and the low price shipping intention of the enterprises was not strong, so the price center of gravity moved up, and the price game of manufacturers has heated up recently. In terms of lithium iron phosphate power market, the price continues to rise, the short-term supply situation continues, and the industry capacity shortage situation is expected to remain, and there is still room for upward growth in the future.

According to the lithium carbonate analysts of business news agency, the market demand has gradually stabilized in the near future, and the driving force of price rise is insufficient. In addition, lithium carbonate will continue to increase, and the situation of short supply and demand will be significantly improved. The price of lithium carbonate is still expected to be strong in the short term.

1. Nitric acid market price trend chart

Nitric acid price curve

According to the monitoring of the business agency, the average price of concentrated nitric acid in domestic areas was 2050 yuan / ton at the beginning of this week, and the quotation was temporarily stable.

2、 Market analysis

On March 22, Anhui Jinhe quoted 1850 yuan / ton, which was the same as last time; Anhui Aodeli quoted 1800 yuan / ton, which was the same as last time; Wenshui Synthetic Chemical Co., Ltd. quoted 2200 yuan / ton of concentrated nitric acid, 960 yuan / ton of dilute nitric acid, which was the same as last week; Shandong helitai quoted 2100 yuan / ton of concentrated nitric acid, which was the same as last time. The nitric acid market is fair, individual manufacturers have no inventory pressure; affected by the rise of raw materials, the price of nitric acid tends to rise.

Upstream liquid ammonia, this week (3.22-25) according to the monitoring of the business community, liquid ammonia continued the rising trend of last week, the average producer price in Shandong area at the beginning of the week was 3583 yuan / ton, the average weekend price was 3660 yuan / ton, up 2.14%; downstream aniline, the quotation of aniline this week was temporarily stable, the average domestic market price was 14000 yuan / ton.

3、 Future forecast

Affected by the raw material liquid ammonia, nitric acid analysts of business news agency expect that the price of nitric acid may rise.

Looking back on the 23rd futures market, the oil sector was full of red, palm oil, soybean oil and vegetable oil rose sharply at the opening of the day, leading the top four futures list. Of course, the better varieties that rose on the 23rd were liquefied gas; besides apple, which had been falling continuously in the near future, the weak varieties on the 23rd plunged after 10 o’clock, once touched the limit, and then with the bottom buying funds Intervention, rapid recovery, day-to-day settlement price 17160, close to the three major spot market quotations. In addition, PP / PVC in the plastic sector fell ahead, occupying the top four of the decline board.

Oil floating red high strength

First of all, let’s take a look at the oil sector. Palm oil and soybean oil, which had a higher increase, had a spot price of 8500 yuan / ton on March 23, and the spot price of soybean oil was 9966 yuan / ton. On the 23rd, soybean oil rose 1.53% and palm oil rose 3.58%. Palm oil was stronger.

Two factors led to the rise of spot price of oil plate on the same day. The first factor was the positive external news, which led to the sharp rise of US soybean oil: US soybean oil was supported by us green energy policy, and the main contract of US soybean oil rose by the limit overnight. The second factor is that Malaysia’s palm oil export data is strong, and Malaysia’s palm oil export data has improved significantly in the first 20 days, boosting the market, according to the data of shipping survey agency. From March 1 to 20, Malaysia’s palm oil export volume increased by 5% – 7% month on month.

Analysts from business news agency believe that domestic soybean oil and palm oil storage is currently at a low level, and global oil demand is improving, which will be supported by favorable conditions. Soybean oil and palm oil will still run at a high level in the short term.

Palm oil is relatively strong in 2021. It is confirmed from the historical annual comparison chart of the current spot price that the current palm oil price is at a high level in the same period, only slightly higher than the current price in the same period of 2012, and lower than the current price from 2013 to 2020.

According to the futures support tool of business association, as of March 22, 2021, the 180 day average basis rate of palm oil is 5.88%, and the 90 day average basis rate is 6.63%; from December 23, 2020 to March 23, 2021, the maximum basis rate of palm oil is 670.00, the minimum basis rate is 326.00, the average basis rate is 507.54, and the 23 day main basis rate is 454.

According to the annual comparison chart of soybean oil price, the current soybean oil price, like palm oil, is at a high level in the same period, which tends to be flat in the same period of 2012, slightly lower than that in the same period of 2011, and lower than the current price from 2013 to 2020. It can be seen that the oil sector has indeed entered the historical high price range.

As of March 23, 2021, the 180 day average basis rate of soybean oil was 7.75%, and the 90 day average basis rate was 9.29%. From December 23, 2020 to March 23, 2021, the main basis of soybean oil is 1022.67, 696.67, 845.51 on average, and 758 on the 23rd.

Liquified gas strives for gas

The product that rose well on the 23rd: liquefied gas; the average price of liquefied gas market on the 23rd was 3850.00 yuan / ton, while the civil market of liquefied gas rose mainly on the 23rd, with a range of 50-100 yuan / ton in Shandong Province, and the current market transaction price is about 3750-3850 yuan / ton. In the morning, the rise of international crude oil has brought some benefits to the market mentality. The inventory of manufacturers is generally free from pressure, the mentality is relatively strong, and the price is pushing up. The price is expected to rise steadily in the short term.

According to the annual price comparison chart of LPG, the annual price trend is divided into two waves: in 2011, 2012, 2013 and 2014, the price is relatively high in the same period; after the price plunge at the end of 2014, LPG has been operating below 5000 for a long time, and the current price is mainly in the middle of the second echelon in the same period, slightly lower than that in 2015 and 2019.

As of March 23, 2021, the 180 day average basis rate of LPG is – 8.43%, and the 90 day average basis rate is 0.05%. During the period from December 23, 2020 to March 23, 2021, the main basis of LPG is 574.00, the minimum is -460.33, the average is 8.71, and the main basis of 23 days is – 50.00

The most beautiful aluminum ingot on the 23rd

Shanghai aluminum futures market yesterday is a dark horse, Shanghai aluminum main contract once limit. Many people are asking about the reasons. From the news, it is mainly due to the rumor that the aluminum ingots of the State Reserve were sold in the market yesterday, which caused the spread of market panic and led to the stampede of funds in the futures market. It is said that the amount of aluminum ingots thrown and stored by the State Reserve is about 500000 tons, but whether the rumor is true or not is unknown. After all, no official documents have been found to confirm it so far. As for whether it will be confirmed later, or it’s just news hype, we have to continue to pay attention. However, it can be reflected that the current aluminum price is high.

According to the annual comparison chart of aluminum price, the current aluminum price is at a high level in recent 10 years.

At present, the important support for high aluminum prices and high profits of aluminum plants is the current low social inventory.

The logic line is that in 2021, the cumulative stock of Spring Festival will decrease year on year, because this year’s situation is relatively special, there are more cases of non homecoming, the downstream operating rate is significantly higher than in the past, and the speed of returning to work after the festival is faster than in previous years. Of course, this also buried a hidden danger, which may overdraw the recovery of downstream operating rate in the peak season of April to May. Of course, we should also see the good side, that is, the problem of carbon emissions in Inner Mongolia can restrain the supply side to a certain extent.

As of March 23, 2021, the 180 day average basis rate of aluminum is 1.28%, and the 90 day average basis rate is 0.64%. During the period from December 23, 2020 to March 23, 2021, the maximum base difference of aluminum is 530.00, the minimum is – 155.00, the average is 101.75, and the main base difference on the 23rd is 40.00

How deep will the plastic plate be

PP and PVC in the plastic sector also fell significantly on March 23; on March 23, the latest price of PP (wire drawing) was 9166.67 yuan / ton, at the low point in March. The recent slight correction is mainly based on three factors: first, the price of propylene at the raw material end is down, and the support of PP cost is weakened; second, the maintenance of domestic devices is reduced this week, and the supply side is relatively abundant; third, after the high shock, the traders are cautious in receiving goods, and the wait-and-see mentality at the downstream purchasing end is increased, resulting in weak trading.

PP spot market is expected to still have a narrow decline.

From the annual price comparison chart of PP, compared with the same period, it is in the middle of the two bands, lower than 2011, 2012, 2013 and 2014; higher than 2015, 2016, 2017 and 2020, slightly higher than 2018 and 2019.

According to the futures support tool of business society, as of March 22, 2021, the 180 day average basis rate of polypropylene is 2.54%, and the 90 day average basis rate is 1.89%. During the period from December 23, 2020 to March 23, 2021, the main basis difference of polypropylene is 453.00, the minimum is -67.00, the average is 160.82, and the main basis difference on the 23rd is 231.00

On March 23, the latest spot price of PVC was 8950 yuan / ton; the price of PVC was reduced mainly due to two factors: first, the price of raw materials was loose and the cost support was weakened. The price of calcium carbide is loose in the near future, and the efficiency of water rising ship should be weakened; second, the price increase in the early stage is relatively large, and the downstream pressure is relatively large, so the market is still digesting the early stage increase. The atmosphere of high price transaction is general, and the terminal receiving capacity still needs time to repair.

In the long run, the current PVC supply and demand fundamentals change little, PVC market is not easy to fall. PVC is expected to fluctuate high in the short term, waiting for demand follow-up.

From the annual comparison chart of PVC prices, the wave of PVC prices rose rapidly in February. The current price is much higher than that of the same period in other 10 years, and the second highest price appeared in 2011.

According to the futures support tool of business society, as of March 23, 2021, the 180 day average basis rate of PVC is 2.28%, and the 90 day average basis rate is – 0.05%. During the period from December 23, 2020 to March 23, 2021, the maximum value of main basis of PVC is 942.50, the minimum value is -555.00, the average value is 5.66, and the main basis of 23 days is 195

According to the price monitoring of business news agency, the price of sulfur in East China was stable this week. The average price of sulfur production at the weekend was 1490.00 yuan / ton, which was stable compared with that at the beginning of the week, with an increase of 8.50% compared with that at the beginning of the month of 1373.33 yuan / ton.

This week, the domestic sulfur market is mainly on the wait-and-see basis. The inventory of domestic refineries in various regions remains low, the market sulfur price is high and firm, the downstream plants are less enthusiastic in purchasing, the quotation of domestic refineries is basically stable, and the shipment is acceptable. During the week, refineries in various regions of China made big steady and small moves, with the exception of Sinopec’s solid sulfur price increase of 20 yuan / ton in East China, the overall market quotation was stable. As of the 21st, the regional price of sulfur in China is as follows:

21 March 2005

Sulfur (particle) 1430-1490 yuan / ton in East China

Sulfur (particle) 1380-1470 yuan / ton in North China

Sulfur (particle) 1500-1530 yuan / ton in Shandong Province

In the downstream phosphate fertilizer market, the prices of monoammonium phosphate and diammonium phosphate have been running smoothly, and the export has continued to improve with high prices. In addition, the market demand is optimistic with good support due to the approaching of spring ploughing fertilizer, and the future market has risen slightly. In terms of sulfuric acid, the market went up during the week, the export of sulfuric acid was good, the domestic supply was tight, and the upstream and downstream market was favorable. With the promotion of various factors, the price of sulfuric acid was increased, and the later sulfuric acid market may rise slightly.

Sulfur analysts of business news agency believe that at present, domestic refinery inventory remains low and market price is firm and stable, but downstream demand is weak, trading is weak, and most of them purchase on demand. Moreover, this week’s market price is multi-dimensional and stable, with little upward momentum. In the short term, sulfur market will wait and see to sort out and pay attention to downstream follow-up.

1、 Price trend

This week, the ex factory price of urea in Shandong Province rose from 2070.00 yuan / ton at the beginning of the week to 2116.67 yuan / ton at the end of the week, with an increase of 2.25%, 18.25% over the same period last year. Overall, the urea market rose this week, with the urea commodity index at 98.45 on March 19.

2、 Market analysis

From the manufacturer’s quotation, the mainstream factory price of urea in Shandong rose this week. Yangmei plain urea quoted 2120 yuan / ton this weekend, up 40 yuan / ton compared with the beginning of the week; Shandong Ruixing urea quoted 2100 yuan / ton this weekend, up 40 yuan / ton compared with the beginning of the week; Mingshui chemical urea quoted 2130 yuan / ton this weekend, up 60 yuan / ton compared with the beginning of the week.

On the demand side: most of the agricultural demand is used as soon as it is purchased, the willingness of terminal purchasing is general, and the agricultural purchasing in mainstream areas is cautious; the start-up load of downstream compound fertilizer and plastic plate plants rises slightly, and the small orders follow up, and most of them follow the market. Supply side: at present, the operating rate of urea enterprises is about 80%, and the daily output is about 160000 tons. The start-up load of urea enterprises is increased and the supply side is sufficient. Based on the rising demand of many local industries, the positive impact of Indian bidding, the improvement of domestic market mentality, and the willingness of some manufacturers to support prices.

From the data of upstream and downstream industry chain, the upstream products of urea rose sharply this week: the price of liquefied natural gas rose sharply, from 3350.00 yuan / ton at the beginning of the week to 3643.33 yuan / ton at the end of the week, up 8.76%, 14.21% year-on-year compared with the same period last year; the price of liquid ammonia rose slightly, from 3410.00 yuan / ton at the beginning of the week to 3566.67 yuan / ton at the end of the week, up 4.59% , up 9.18% from the same period last year. This week, the quotation of melamine in the lower reaches of urea decreased slightly, from 8100.00 yuan / ton at the beginning of the week to 8033.33 yuan / ton at the end of the week, with a sharp increase of 0.82%, up 47.85% compared with the same period last year. On the whole, urea cost support is good and demand is good this week.

3、 Future forecast

In late March, the urea market in Shandong may rise slightly. Urea analysts of business news agency believe that the current agricultural demand procurement is cautious, the industrial demand is used as soon as it is purchased, and the urea supply is acceptable. However, the bidding in India will start soon. It is expected that the domestic urea market will fluctuate slightly in the short term, and more attention will be paid to the bidding in India in the future.

According to the monitoring of the business community, the price of phthalic anhydride in the domestic market continued to decline recently. As of the 19th, the quotation of phthalic anhydride was 6525 yuan / ton, 17.67% lower than the price of 7925 yuan / ton at the beginning of the month, and 26.70% higher than the same period last year. The price trend of phthalic anhydride continued to fall in the near future, the spot supply was normal, and the market of phthalic anhydride continued to fall.

In recent years, the market price of phthalic anhydride continued to decline. The market price of phthalic anhydride was in general condition. The downstream demand was reduced in the near future. The price trend of o-benzene was down. The plasticizer market was down. The market price of phthalic anhydride continued to decline due to the combination of bad factors. Domestic phthalic anhydride manufacturers started at a low level, and the operating rate of phthalic anhydride on the site was about 60%. The domestic phthalic anhydride spot supply was sufficient, and the price of phthalic anhydride on the site was lower. The downstream plasticizer industry market declined, and the actual transaction situation was general. The price trend of phthalic anhydride market in East China is declining, with limited high-end transactions in the market. The mainstream of neighboring France source negotiation in East China is 6500-6600 yuan / ton, and naphthalene method source negotiation is 6300-6500 yuan / ton. The mainstream quotation of phthalic anhydride market in North China is 6500-6700 yuan / ton. The market outlook of phthalic anhydride still exists, and the downstream procurement is poor. The recent downward trend of downstream DOP market is affected by this Prices continued to fall.

Since March, the price trend of domestic o-benzene has dropped sharply, and the market price has dropped to 6200 yuan / ton, with a decrease of 4.62%. The decline of domestic o-benzene price is a big bad news for the phthalic anhydride market. In addition, the market of imported o-benzene in port area has declined, the external quotation of o-benzene has fluctuated, and the import of o-benzene in port area has increased. Recently, the inventory of o-benzene in port has increased, and the external quotation of o-benzene has fluctuated and adjusted The actual transaction price is subject to negotiation. The price trend of o-benzene is declining. The price of raw material o-benzene is lower, which is bad for the domestic market price of phthalic anhydride. Recently, the market price of phthalic anhydride has dropped sharply.

The market price of the downstream DOP of phthalic anhydride declined slightly. According to the monitoring of the business community, the domestic DOP price was 12250 yuan / ton as of the 19th, with a price drop of 11.23% in March. The low starting point of the equipment of DOP enterprises in the yard was temporarily stable. With the sharp drop of the price of isooctanol, the cost of DOP decreased, the gap of DOP decline increased, and the DOP price plummeted. With the increase of the operating rate of DOP enterprises, the pressure of supply and demand is alleviated, the demand support is weakened, the rising power of DOP in the future is weakened, and the downward pressure is increased. In the future, the cost of DOP decreased, the operating rate of enterprises increased, the support of DOP rise weakened, and the high price caused the cost pressure of downstream products. The downstream customers were more resistant to high price DOP. The overall DOP price was about 12000-12600 yuan / ton, the domestic demand for phthalic anhydride did not improve, and the market price of phthalic anhydride dropped significantly.

On the whole, the recent trend of crude oil price has declined. In addition, the downward pressure of downstream plasticizer industry market has increased, the DOP price has been declining, and the price of o-benzene has a downward trend. It is expected that the market price of phthalic anhydride will continue to decline slightly in the future.

This week, the market price fell and the overall atmosphere weakened. The procurement of chemical fiber downstream of cyclohexanone is slowing down, the confidence of solvent market is weakening, and the procurement atmosphere is also flat. It is expected that the market price of cyclohexanone will weaken in the future. According to the monitoring data of business news agency, as of March 16, the average price of domestic cyclohexanone market was 100033 yuan / ton, with a month on month increase of 42.56% and a year-on-year increase of 41.31%.

Region, price

East China: 10200-10400 yuan / ton, cash delivery

South China: 10200-10400 yuan / ton, cash delivery

Shandong area: 10200-10300 yuan / ton, cash delivery

In terms of raw materials, the price of domestic pure benzene dropped and rose again after the recent rise. The price of Sinopec’s pure benzene was increased by 300 yuan / ton with the implementation of 6750 yuan / ton, which was implemented by all its refineries. The price is effective from February 26. Sinopec’s quotation for high-end caprolactam this week was lowered by 200 yuan to 14500 yuan / ton (liquid premium products will be accepted and picked up in June).

During the week, caprolactam factory’s new order purchasing enthusiasm was not high, and the price psychology was obvious, and the price of cyclohexanone was weakening. The trading atmosphere of solvent market continued to be weak. In addition, the crude oil, pure benzene and commodity markets had more callbacks this week. The market was pessimistic. The trading activity declined, and the prices of traders followed the decline. Business community cyclohexanone analysts expect that the market of cyclohexanone will be depressed in the short term.

Trade name: calcium carbide

Latest price (March 15): 4716.67 yuan / ton

On March 15, the factory offer of calcium carbide in Northwest China rose, up 383.34 yuan / ton, or 8.85% compared with that of March 12. The raw material, orchid carbon, is well supported by the high price consolidation of calcium carbide. Downstream PVC market recently slightly increased, year-on-year price is higher, downstream customers to calcium carbide procurement enthusiasm is better, market supply is short of demand. The main reason for the increase of calcium carbide is the dual control and power limit furnace shutdown in Inner Mongolia.

In the near future, the factory price of calcium carbide in Northwest China will rise slightly: the price quoted by the manufacturer is about 4900 yuan / ton.

According to statistics, the price trend of domestic ammonium nitrate was temporarily stable this week. By the end of the week, the domestic market price of ammonium nitrate was 2900 yuan / ton, which was the same as the price of 2900 yuan / ton at the beginning of the week, with a year-on-year increase of 21.85%. On March 12, the commodity index of ammonium nitrate was 152.63, which was the same as yesterday, reaching a record high in the cycle, up 97.27% from the lowest point of 77.37 on October 31, 2016. (Note: period refers to the period from February 1, 2013 to now).

This week, the price trend of domestic ammonium nitrate Market maintained a high level. The domestic ammonium nitrate manufacturers started their plants normally, and the supply of ammonium nitrate in the yard was normal. Some manufacturers reported that the delivery situation was general, and the price trend of manufacturers maintained a high level. Recently, the supply of goods in the yard was tight, and the transportation was normal, so the market price of ammonium nitrate was temporarily stable. Recently, the shipment market of ammonium nitrate manufacturers is normal, and the downstream is purchased on demand. The domestic ammonium nitrate manufacturers start work normally, and the price trend of some manufacturers is temporarily stable. Up to now, the mainstream negotiation in Shaanxi is 2800-2900 yuan / ton, the mainstream negotiation in Shandong is 2200-2300 yuan / ton, and the price in Hebei is 3000-3300 yuan / ton.

This week, the domestic price of concentrated nitric acid was temporarily stable, with the weekend price of 1983.33 yuan / ton, which was the same as the price of 1983.33 yuan / ton at the beginning of the week. Jiangsu Hongze Yinzhu chemical quoted 2050 yuan / ton; Anhui Jinhe quoted 1900 yuan / ton; Shandong helitai quoted 2100 yuan / ton. The price of synthetic chemical industry in Wenshui County is 1950 yuan / ton. In recent years, the domestic overhaul units have been running normally, the market supply of concentrated nitric acid is normal, the goods on site are in general, the price trend of nitric acid on site remains stable, and the market price trend of ammonium nitrate is temporarily stable.

The price trend of upstream liquid ammonia rose this week, with the weekend price of 3396.67 yuan / ton, 0.49% higher than the price of 3380 yuan / ton at the beginning of the week. The start-up of liquid ammonia plant in the yard is normal, the spot supply in the yard is normal, and the price trend of liquid ammonia market is temporarily stable. In terms of fundamentals, the price of liquid ammonia in Shandong generally remains high. Due to the low inventory pressure, the operating rate of manufacturers remains at a reasonable level, and there is a certain price difference with other regions in China, especially the northeast region, which also undertakes some external orders, the price remains high. The ammonia quantity in Shandong Province is basically in the balance of supply and demand, which still has some support for the price. From the perspective of the downstream, the demand for agricultural fertilizer is slightly insufficient in the off-season. The price of the upstream rose slightly this week, and the price trend of ammonium nitrate Market is temporarily stable.

In the near future, the demand of downstream civil explosive industry is normal, and the production and marketing of nitro compound fertilizer is normal, and the price trend of raw material market has dropped slightly. However, the spot supply of ammonium nitrate is general, which has a certain positive support for the ammonium nitrate Market. The ammonium nitrate analysts of business community believe that the market price of ammonium nitrate may remain volatile in the later period.

According to the data monitoring of the business news agency, the trichloromethane market in Shandong has risen sharply since February. As of March 10, the average price of trichloromethane in Shandong was about 3646.67 yuan / ton, up 51.94% from 2400 yuan / ton in early February.

First of all, affected by the enterprise burden reduction and low inventory, the spot supply of chloroform in Shandong is tight. On the one hand, in February, some enterprises and other devices were overhauled, resulting in a decrease in the overall output of chloroform, smooth delivery and no inventory pressure; on the other hand, in the later period, some enterprises had maintenance plans in March. According to the business news agency, Jinling planned to stop for maintenance for about 20 days on March 12. It is expected that the supply will continue to be tight in the later period and the market will be bullish. After the Spring Festival, the ex factory price of chloroform increased frequently. On March 10, the ex factory price of chloroform increased by 200-300 yuan / ton within a day. The mainstream ex factory price of chloroform including tax was about 3730-3800 yuan / ton. The market offer has risen further, with individual traders offering about 4500 yuan / ton with package and tax.

Secondly, the price of raw materials is high and the cost is relatively strong. Since the end of February, the price of raw material liquid chlorine in Shandong has increased by more than 1000 yuan / ton, with strong cost support. According to the business community, as of March 8, the price of liquid chlorine in Shandong has reached 1800 yuan / ton; the price of raw material methanol is high and in the rising channel, and the price has continued to rise since February. According to the business community’s monitoring, as of March 10, the price of methanol was 2462 yuan / ton, compared with 2290 yuan / ton at the beginning of February Yuan / ton rose by 7.51%.

Finally, the peak season of downstream refrigerants is gradually coming, the orders of refrigerants are increasing, even some models are full, the operating rate is increasing, and the demand side support is strengthened, which promotes the price of chloroform to rise.

Business community methane chloride data analysts believe that the current trichloromethane production enterprises in Shandong Province have little inventory pressure, coupled with the soaring raw material prices, cost pull, demand side and downstream peak season, it is expected that the price of trichloromethane will still have upward space in the later period.

Recently, the price of international crude oil market and domestic oil products have been soaring, and the price center of domestic MTBE market has moved up. The price of MTBE was 5466 yuan / ton on March 8, up 4.39% on March 3, according to the business news agency.

The results of the OPEC + meeting finally came to fruition, and the organization agreed to extend the oil production reduction to April; oil and military facilities in Saudi Arabia were attacked. The international crude oil market was stimulated by double positive factors, and the international oil price soared. In the past three days, the price of WTI and Brent crude oil soared by more than 10%. In terms of gasoline demand, the market demand returned to the level before the festival, and the “eight consecutive rises” of refined oil price adjustment were implemented. The market was bullish, and the demand for terminal replenishment and hoarding increased.

As the international oil price rises, the purchasing enthusiasm of middlemen in MTBE market increases, and the domestic gasoline demand is relatively stable, the demand for MTBE and other intermediates is supported. It is also reported that there is still a maintenance plan for the MTBE plant, and the market supply tends to be tight. At present, the price of domestic MTBE market is mainly rising.

The MTBE product analyst of business society energy branch thinks: the possibility that the price of refined oil will follow the correction of crude oil price in the near future, the price of MTBE market will rise to a high level, and it is expected that there will be a correction in the short term.

1、 Price trend

According to the data of business club’s block list, the price of pure benzene stopped rising and turned to falling this week. On February 28, the price of pure benzene was 6500-6850 yuan / ton (average price was 6690 yuan / ton); on Sunday (March 7), the price of pure benzene was 6400-6850 yuan / ton (average price was 6670 yuan / ton), the average price was 20 yuan / ton lower than last week, a decrease of 0.3%; it was 29.51% higher than the same period last year.

2、 Analysis and comment

In the early stage, the price of pure benzene rose rapidly due to the positive external news. However, the price of pure benzene rose too fast in the early stage, and the resistance of the downstream to high price pure benzene was strong. In the early stage of this week, crude oil fell, the external market softened sharply, the downstream styrene fell in shock, the good news was released, the market took profits, and the price fell. However, the willingness of the industry to lower out is low, and Sinopec’s pure benzene listing price of 6750 yuan / ton is stable, and the market decline is limited.

In terms of external market, the price of pure benzene fluctuated downward this week. With the recovery of styrene plants in Europe and the United States, the capital of styrene industry was withdrawn, and the external market of styrene declined, which led to the external market of pure benzene falling. On Friday (March 5), the reference price of pure benzene in South Korea market was 862.33 US dollars / ton, down 35.34 US dollars / ton, down 3.94% compared with February 26, and the reference price of import in East China was 887 US dollars / ton, down 28 US dollars / ton, down 3.06% compared with February 26.

In terms of crude oil, crude oil fell first and then rose this week. In the early stage, the market worried that the rapid rise of oil price would lead to the return of more production capacity, and OPEC + might increase production. However, at the OPEC + meeting on the 4th, it was decided to maintain the current scale of production reduction until the end of April, and Saudi Arabia will still reduce production by an additional 1 million barrels per day, boosting crude oil prices. On February 26, Brent rose $3.085/barrel, or 4.68%; WTI rose $4.69/barrel, or 7.66%.

Downstream: styrene: this week, styrene fluctuated and fell. On March 5, the price of sample enterprises was 9366.67 yuan / ton, down 316.66 yuan / ton or 3.27% from last week, and up 41.56% from the same period last year. The price of crude oil went up; the supply of ethylene weakened and the price rose; pure benzene was mainly weak and styrene cost side support was acceptable.

Aniline: the aniline plant of Jiangsu Fuqiang was overhauled within a week, and some units in Jinling were put into operation at reduced load. Aniline enterprise inventory low, price rise. The main aniline plants in Shandong are expected to be overhauled and the supply is expected to decrease; the demand for downstream polymerization MDI and rubber additives is strong, the price is high, the profit margin is good, and the demand for aniline is good. The market is bullish on the short-term aniline Market. On March 5, the price of aniline was 11200-11500 yuan / ton in Shandong and 11400-11500 yuan / ton in Nanjing, up 5.88% from last week and 68.47% from the same period last year.

3、 Future forecast

In terms of crude oil, OPEC + continues to extend the production reduction period, and the oil price is expected to continue to rise in the short term.

Downstream: the profit margin of downstream products is large, and most of the inventory is low, the spot buying is more active, and the demand for pure benzene is better supported. Styrene: the operating rate of downstream EPS is increased, and the demand for styrene is strong. In addition, I heard that the export volume of styrene is expected to reach 70000 tons in March. With the coming of “gold, silver and silver”, the speed of port delivery will be accelerated. In the case of low import volume, the port inventory is expected to drop to less than 100000 tons in the month. It is expected that styrene will fluctuate strongly in the short term.

Internationally, with the recovery of styrene plants in Europe and the United States, the shortage of styrene supply eased, and the price of pure benzene in Europe and the United States fell back. In China, the replenishment of pure benzene at the main port from March to April is limited, and the downstream profit level of pure benzene is high, and the demand for pure benzene is good. It is expected that the speed of going to the warehouse will be improved. At present, the pure benzene market is greatly affected by styrene and crude oil, and it is expected that it will still fluctuate in the short term. Continue to pay attention to the downstream market, domestic and foreign pure benzene plant trends, crude oil, the impact of external market trends on the price of pure benzene.

According to statistics, the price trend of domestic fluorite rose slightly this week. By the end of the week, the average price of domestic fluorite was 2766.67 yuan / ton, 0.20% higher than 2761.11 yuan / ton at the beginning of the month, and 12.01% lower than the same period last year.

The price of fluorite rose slightly this week. Recently, the manufacturers reported that the orders of fluorite were general, the shipping situation of the merchants on the floor was normal, the supply of fluorite on the floor was slightly tight, and the price on the floor rose. The domestic fluorite manufacturers are running stably, the start-up of mines and flotation units in the fluorite yard remains at a low level, the delivery of fluorite in the fluorite yard is general, and the fluorite market price rises slightly. As of the weekend, the price of 97 fluorite wet powder in Inner Mongolia was 2500-2700 yuan / ton, the mainstream negotiation of 97 fluorite wet powder in Fujian was 2700-2900 yuan / ton, the price of 97 fluorite wet powder in Henan was 2700-2900 yuan / ton, and the price of 97 fluorite wet powder in Jiangxi was 2700-2900 yuan / ton. Recently, the domestic fluorite price rose slightly .

The price trend of fluorite downstream hydrofluoric acid market is temporarily stable. As of the end of the week, the domestic hydrofluoric acid market price is 10611.11 yuan / ton. The price trend of hydrofluoric acid market is stable, which has a certain positive support for the upstream fluorite market. The price trend of fluorite rises slightly. The domestic refrigerant market is on the rise. Recently, the automobile industry’s sales market has improved, and the refrigerant market has improved. The demand is mainly based on demand. The refrigerant industry is on the rise, and the market of various types of refrigerants has increased slightly. However, the manufacturers are under pressure to ship, the sales pressure is large, the price of raw material hydrofluoric acid is rising, which brings a certain cost support, and the export volume of refrigerants has little change The output of downstream air conditioning is low, the demand is scarce, the off-season effect of after-sales market continues, and the price of refrigerant increases little. On the whole, the positive factors support the refrigerant market generally, and the price increase is limited. At present, the load of refrigerant R22 manufacturers is not high, the inventory is in a reasonable range, and the market price is slightly higher, but the downstream receiving capacity is limited, there is a lot of wait-and-see mood, the delivery of goods is not smooth, the actual transaction focus is slightly increased, some businesses still have the phenomenon of cost inversion, and the mainstream of on-site negotiation is 14500-16500 yuan / ton. Low load operation of domestic R134a manufacturers, favorable support, R134a price trend temporarily stable. However, the current demand is not good, the downstream enterprises do not start high, and the traders have a strong wait-and-see mood. At present, the market quotation of refrigerant R134a is mostly in the range of 19000-22000 yuan / ton, and the price is high, but the transaction atmosphere is general. The downstream refrigerant market has improved, and the price trend of fluorite has risen slightly.

On the whole, the market of the downstream refrigerant industry has slightly improved. In addition, the market price of hydrofluoric acid has remained high recently, and the supply of fluorite in the market is slightly tight. Business analyst Chen Ling believes that the market price of fluorite may rise slightly in the short term.

According to the monitoring data of Business News Agency: since February, the price of hydrogen peroxide has entered the downward channel, and the price has been falling continuously. After the Spring Festival, the market is still weak, mainly down. As of March 4, the average market price of hydrogen peroxide had dropped to 942 yuan / ton, 24.9% lower than that in early February.

According to the monthly rise and fall chart of hydrogen peroxide from January 2020 to February 2021, it can be seen that hydrogen peroxide did not perform well in the first quarter of 2020, and began to decline for four consecutive months in February, mainly due to the limitation of hydrogen peroxide export orders and the delay of terminal paper and printing manufacturers. In 2021, hydrogen peroxide has dropped for two consecutive months, and the decline is still more than 30%. In early March, hydrogen peroxide still showed no signs of improvement and continued to decline. As of March 4, the price of hydrogen peroxide was 24.9% lower than that in early February.

Terminal demand is poor, hydrogen peroxide drops to the bottom

Since February, the traditional off-season of hydrogen peroxide consumption has come. The terminal printing industry, paper industry, caprolactam and other manufacturers have stopped for maintenance. The enthusiasm for purchasing hydrogen peroxide has declined. Coupled with the increase of logistics costs and limited transportation, the hydrogen peroxide market has entered the downward channel. During the Spring Festival, some hydrogen peroxide manufacturers started up normally, supply increased and inventory rebounded. After the Spring Festival, the terminal papermaking and printing industries have not yet fully resumed operation, and the terminal demand is still poor. The hydrogen peroxide manufacturers continue to reduce the ex factory price, and the price continues to fall, with a drop of as much as 21%.

In the first week of March, the price of hydrogen peroxide continued the weak market in February, because the terminal paper and caprolactam market rose sharply, the decline of hydrogen peroxide slowed down and continued to stabilize. The quotation of mainstream areas is in the first line of 900 yuan / ton.

End caprolactam papermaking industry recovers, hydrogen peroxide rise in March is expected

After the Spring Festival, although the hydrogen peroxide market has continued to decline, but the terminal paper, caprolactam market rebound, hydrogen peroxide market decline slowed down.

Paper: because nine dragon many bases before the festival issued after the Spring Festival price rise notice, after the festival paper mills have followed the price rise. However, due to the impact of public health events, the northern region stopped production ahead of time before the festival. With the stability of the post Festival health events, the downstream paper mills started to work actively. Therefore, the demand for raw paper began to increase. With the rising prices of raw materials and strong demand, the price of corrugated paper increased significantly. As of March 4, the price of corrugated paper increased by more than 9% compared with the beginning of February.

Caprolactam: after the Spring Festival, the external market, the United States extremely cold weather, crude oil, chemical refineries shut down, resulting in a sharp rise in pure benzene. Caprolactam was supported by the sharp rise of raw material pure benzene, and its operating rate was general. The terminal PA6 chip manufacturers started one after another, the demand increased, the market ushered in a rising channel, and the price continued to rise. As of March 4, caprolactam prices were up 31% from the beginning of February.

Li Bing, hydrogen peroxide analyst of business news agency, said: since mid March, the hydrogen peroxide Market is expected to usher in an inflection point and stop rising due to the warming of paper industry, rising paper market and high caprolactam price.

According to the data monitored by the business community, as of March 3, the average price of domestic power grade lithium iron phosphate was 43000.00 yuan / ton. 2021 is a year that lithium iron phosphate is expected to counter attack. Just entering January, the average market price of lithium iron phosphate was 37000 yuan / ton. In February, the average market price rose to 41000 yuan / ton. Compared with the same period in January, the price rose by 10.81%. Entering March, the price rise momentum is still not strong The price soared to 43000 yuan / ton, up 16.22% to 6000 yuan / ton compared with the same period in January. With its safety and low-cost characteristics, lithium iron phosphate is becoming more competitive in the market. Lithium iron phosphate battery will rise, and the industry pattern is changing.

LiFePO4 battery is on fire

With the continuous high heat of new energy vehicles, LiFePO4 battery has been popular from home to abroad and is favored by more and more automobile manufacturers. The cost of LiFePO4 is about 0.08 yuan / wh, which can save 0.15 yuan / wh compared with ternary cathode materials, According to statistics, the shipment volume of LiFePO4 cathode materials in China will be 124000 tons in 2020, with a year-on-year growth of 41%. The increase of energy storage market exceeds the expectation. After years of development, LiFePO4 has been lukewarm and the overall market capacity is oversupplied. Until 2020, the power battery ranking will change dramatically, and LiFePO4 will successfully counter attack Elon Musk said that out of concern about the long-term availability of nickel supply, the company will consider supporting lithium iron phosphate (LFP) batteries in more electric vehicles. Since the beginning of this year, nickel prices have shown an upward trend. At present, the demand for power vehicle batteries is increasing, which has a certain role in pushing up the nickel price. Tesla (Shanghai) factory standard model 3 has all been switched to lithium iron phosphate batteries. Musk’s statement this time will also make great significance for the promotion and application of lithium iron phosphate batteries in the global market. Industry insiders infer that lithium iron phosphate batteries may become the main substitute of nickel cadmium batteries in the next five years, and will become a strong competitor of lead-acid batteries in the next 10 years In the next 20 years, it may replace the lead-acid battery as the main starting power supply, UPS power supply and backup power supply, and become the leader of the secondary battery. The cost of LiFePO4 is relatively low. LiFePO4 can be made from waste acid, ferrous sulfate and titanium dioxide after further processing. It has stable structure, long cycle life of charge and discharge, prominent safety advantages and relative competitive advantages in terms of comprehensive indicators.

Product specifications and quotation (ten thousand yuan / ton) date

Lithium iron phosphate ﹣ power ﹣ 4.3-4.6 ﹣ March 3

Lithium iron phosphate ﹣ energy storage ﹣ 3.8-4.1 ﹣ March 3

Lithium carbonate industrial grade 7.8-8.1 March 3

Lithium carbonate battery grade 8.1-8.4 March 3

LiMn2O4 ﹣ power ﹣ 3.85-4.1 ﹣ March 3

Lithium manganate ﹣ capacity type ﹣ 2.8-3.4 ﹣ March 3

Licoo3 ﹣ 33.3-35.6 ﹣ March 3

Titanium dioxide enterprises switch to new energy for a share

Lithium iron phosphate “fire”, and more titanium dioxide leading enterprises cross-border entry, construction of lithium iron phosphate production line, switch to new energy, want to share, lithium iron phosphate production technology threshold is not high, the most important thing is to control the cost, the production of lithium iron phosphate the biggest cost is lithium products, lithium products need to be purchased, the price is uncertain according to market changes, and iron phosphate production needs to be improved The required iron element can be directly obtained from ferrous sulfate produced from titanium dioxide, and it does not need to be purchased again, which saves part of the cost. CNNC titanium white said that lithium iron phosphate, as one of the cathode materials, has comparative advantages over ternary materials in terms of safety, cycle life, production cost and other comprehensive indicators. Since its commercialization, it has been applied to automobile, ship and energy storage industry It has become the most potential cathode material at present. The person in charge of anada said that although the production path is not exactly the same as that of CNNC titanium dioxide and other peer enterprises, the company also uses part of the waste in the manufacturing process of iron phosphate, which can realize “turning waste into treasure”, which is the main reason why titanium dioxide manufacturers concentrate on entering the lithium iron phosphate Market. At present, the market demand for lithium iron phosphate has increased significantly, and the lithium iron phosphate manufacturers also continue to add investment To expand production capacity, the market share of new energy industry is increasing, and the production capacity of lithium iron phosphate is also increasing, which is expected to drive the development of China’s lithium iron phosphate Market to the global market. In the short term, the supply of lithium iron phosphate is still in short supply, orders are saturated, and the market is too hot. As a result, some lithium iron phosphate enterprises have to stop taking orders to alleviate the shortage of production capacity, 2021 According to the statistics, the output of LiFePO4 reached 20630 tons in January, compared with 4660 tons in the same period of last year, with a year-on-year growth of 342.7%. Compared with ternary battery, LiFePO4 has the advantages of higher security and lower cost. Enterprises have increased LiFePO4 and become the mainstream product in the new era. In March, the supply of LiFePO4 is in short supply, and the relationship between supply and demand is further tense.

Market share of LiFePO4 is expected to further increase

Compared with ternary battery, LiFePO4 battery has the advantages of higher safety and lower cost, which is favored by more automobile manufacturers. According to the data of China Automobile Association, the production and sales volume of new energy vehicles in January has been increasing continuously, ranking the first for seven consecutive months. The sales volume of pure electric vehicles is the fastest, with a year-on-year growth rate of 415.5% and 319.8%, reaching 158000 and 143000 respectively Tesla Model 3, BYD Han, and Wuling Hongguang Mini EV all use lithium iron phosphate batteries. In October 2020, Tesla will replace lithium iron phosphate batteries, reducing the starting price of model 3 standard life upgrade from 271000 yuan to 249000 yuan. According to the data of China Railway Passenger Association, in November 2020, Tesla Model 3 will be sold at a price of 1 In March, the sales volume reached 21600 vehicles, with a month on month increase of nearly 10000 vehicles. The overall sales volume increased significantly, and the production and sales continued to be vigorous. With the continuous maturity of R & D technology of power battery enterprises, the promotion and application of CTP technology of Ningde times and blade battery technology of BYD can reduce the cost and improve the energy density of battery system, so that lithium iron phosphate battery has both high safety and low cost The market competitiveness of the company has been enhanced. At the same time, the domestic new energy vehicle market competition is becoming increasingly fierce, LiFePO4 has a price advantage compared with ternary materials, prompting car manufacturers to use more LiFePO4 batteries to reduce production costs and seize market share. With the intensified competition in the industry and the accelerated expansion of leading enterprises, the market share of LiFePO4 battery is expected to increase again.

The output of LiFePO4 reached a new high and still could not meet the downstream demand

In February, the leading enterprises of lithium iron phosphate expanded their production on a large scale, and the demand for lithium iron phosphate increased greatly. The inventory was in a hurry, which could not be made up by inventory. More and more chemical enterprises entered the market of lithium iron phosphate, which proved the certainty of lithium iron phosphate (LFP) in the next few years. In recent months, the capacity of LFP has been low, the supply exceeds the demand, and the shipment volume is greater than the production Quantity, leading enterprises, berterry, German side and Wanrun all have the phenomenon of inventory reduction. The monthly demand of Ningde times and BYD exceeds 40000 tons, which directly affects the continuous shortage of lithium iron phosphate. From the aspect of plant expansion of lithium iron phosphate enterprises, the fastest time is to wait until the second quarter, and large-scale production may be in the end of the year or early next year, with no shortage in the short term The relative shortage of LiFePO4 can be alleviated by this method.

China’s lithium industry chain layout in Europe has become an inevitable trend. The demand for LiFePO4 batteries and upstream materials has increased. As the main raw material for LiFePO4 production, lithium carbonate has shown a broad rising trend in recent months, soaring all the way. At present, the price of industrial grade lithium carbonate is 78000-85000 yuan / ton, and the price of battery grade lithium carbonate is 85000-80000 yuan / ton. On March 2, the lithium carbonate commodity index was 205.35, up 7.64 points from yesterday, down 49.31% from 405.10 points (2018-01-07), the highest point in the cycle, and up 108.39% from 98.54 points, the lowest point on October 16, 2014. (Note: period refers to the period from September 1, 2011 to now)

According to LiFePO4 analysts of business news agency, due to the tight supply and demand of LiFePO4 in February, strong downstream demand and urgent production capacity of manufacturers, some leading enterprises have stopped taking orders. It is expected that the overall trend of LiFePO4 will rise in March, and the supply of LiFePO4 will not meet the demand. The new production capacity of large-scale model may be put into operation until the end of this year or the beginning of next year, which will lead to the decline of LiFePO4 throughout the year In the field of energy storage batteries, the state is paying more and more attention to environmental protection, and the pressure of environmental protection is becoming increasingly severe. It is the general trend that relatively environmentally friendly lithium-ion batteries are widely used. 2021 will usher in a year when the demand for lithium iron phosphate rises sharply, which has broad market prospects. (to get more information about goods and to grasp the price of commodities, welcome to subscribe to the business community through the official account of the business community, the market is the opportunity).

1、 Price trend

According to the data monitoring of the business community’s block list, this week’s Bromine price was mainly consolidated at a high level. From the beginning of the week to the end of the week, the average price of bromine in Shandong was about 34277.78 yuan / ton, with a high price. On February 25, the bromine commodity index was 120.27, unchanged from yesterday, down 2.20% from 122.98 (February 18, 2019), the highest point in the cycle, and up 104.12% from 58.92, the lowest point on October 29, 2014. (Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

At present, the mainstream price of domestic bromine enterprises is about 34000-35000 yuan / ton. The domestic bromine market has been reorganized and operated in a general atmosphere of negotiation. The output of bromine enterprises is expected to gradually increase in the later stage, the supply will increase, and the demand of downstream market will become weak. There will be some resistance to the high price of bromine. It is expected that the bromine market will be consolidated and operated in a high level in a short time.

In terms of raw materials: the domestic sulfur market is temporarily stable, and the quotation of manufacturers is stable. At present, the refineries in various regions in China have low inventory, the on-site supply is tight, the sulfur price is firm, and the downstream phosphate fertilizer export market continues to improve. In addition, the domestic spring ploughing fertilizer is approaching, which is good for the sulfur market, and the sulfur market in the future will maintain a high level, so we should pay attention to the follow-up situation of the downstream. The overall supply of caustic soda is sufficient, the overall ex factory price of caustic soda is stable and small, the cost side changes little, and the downstream purchase demand is general, which has a certain conflict with the current price of caustic soda.

Analysts from business news agency believe that the downstream flame retardant and intermediate industries of bromine are better than before the festival, but they are in conflict with the continuously high price of bromine. The enthusiasm of enterprises to receive goods is general, and the trading atmosphere is general. The supply and demand sides are playing games. It is expected that the price of bromine will be high in the short term.

International crude oil prices continue to hit new highs in the year. The cost side drives domestic asphalt prices up. Coupled with the decline of asphalt operation rate of domestic refineries, the supply of asphalt market is reduced, and the enthusiasm for goods preparation and hoarding in the terminal market is rising. After the Spring Festival, the domestic asphalt market prices go up all the way. According to the price monitoring data of the business community, the price of asphalt on February 25 was 3050 yuan / ton, up 17.16% compared with that before the Spring Festival.

After the Spring Festival, the domestic asphalt price entered a rising trend, and the asphalt price rose sharply for seven consecutive days.

Recently, the price of international crude oil market continued to hit a high point in the year. As of press release, WTI oil price was at 62.5 US dollars / barrel. According to the monitoring of the business community, the prices of WTI and Brent crude oil have increased by more than 16% since February. The good news of the international crude oil market is spreading continuously, and the inventories of the United States and China are declining. In addition, OPEC + is still strictly implementing the production reduction agreement, and the effect of national oil production control is ideal, so it is necessary to increase the supply and lower the crude oil market price. At the same time, the cold wave in the United States limited the supply of shale oil and gas fields in the United States, and the speed of resuming production was slow. Accidental factors helped to increase the price of crude oil.

In terms of asphalt supply, affected by low temperature, Spring Festival holidays and other factors, the terminal asphalt demand has entered the off-season, and the asphalt operation rate of domestic refineries will fall to a low level in phases. The data shows that the comprehensive asphalt operation rate of domestic refineries has decreased from about 57% in January to about 44% in late February, and the asphalt production has declined for three consecutive months. China’s asphalt production in January is 2.5598 million tons, which is expected to increase by 2 The monthly output of asphalt dropped to 2.1089 million tons. It is expected that the supply will decrease, and the enthusiasm of middlemen and end customers will increase, which will boost the domestic asphalt price.

In terms of asphalt demand, northeast, North China, East China and other regions are affected by low temperature weather, road construction projects are stagnant, and asphalt demand is general. In southwest, South China and other regions, the asphalt terminal market still needs support. On the whole, the domestic demand for asphalt for terminal road construction dropped to a low level, and the rising price of asphalt pushed up the demand for asphalt storage.

Analysts from business news agency believe that after the recent sharp rise in international crude oil prices, coupled with the expectations of Goldman Sachs, Bank of America and other institutions to increase crude oil prices, domestic asphalt prices are bullish. However, it is still the off-season demand for asphalt, and the actual demand for domestic asphalt terminal roads is at a low ebb. It is expected that domestic asphalt prices will continue to rise, but the increase may be convergent.

1、 Price trend

According to the monitoring data of the business community, the price of caustic soda is weak, and the average price of Shandong market is about 457.5 yuan / ton. On February 23, the commodity index of caustic soda was 65.83, unchanged from yesterday, down 68.18% from 206.87 (2017-11-14), the highest point in the cycle, and up 1.11% from 65.11, the lowest point on October 9, 2020. (Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

At present, the market of caustic soda is weak as a whole, the atmosphere of conversation is weak, and the overall transaction is flexible. It is expected that the follow-up or narrow range of caustic soda will be weak. The price of caustic soda in Hebei Province is stable for the time being. The mainstream ex factory price of 32% caustic soda is about 470-580 yuan / ton. The downstream purchasing demand is general, and the market atmosphere is not good. After the Spring Festival, there are still few inquiries and the transaction is light. It is expected that caustic soda will be mainly operated in the follow-up or narrow range. The price of caustic soda in Shandong is weak. At present, the mainstream ex factory price of 32% caustic soda is 390-470 yuan / ton. The downstream purchase demand is general, and the market atmosphere is not good. After the Spring Festival, there are still few inquiries and transactions. It is expected that the subsequent or narrow range of caustic soda will be weak. The quotation of flake caustic soda: 2000-2100 yuan / ton in Shandong market, 1600-1650 yuan / ton in Inner Mongolia market and 2100-2150 yuan / ton in Guangdong market.

Upstream: in recent days, the liquid chlorine Market in Shandong has been weak, and the high-end price of liquid chlorine has been slightly reduced. At present, the downstream enterprises mainly purchase from rigid demand, and the price increase of scattered caustic soda enterprises has little impact on the caustic soda market. It is reported that the mainstream manufacturer Shandong Jinling plans to stop for maintenance in March. The buyer and the seller have a strong wait-and-see mentality, and the two sides start a game.

Analysts from the business society believe that in the near future, the overall supply of caustic soda is sufficient, the overall ex factory price of caustic soda is stable and small, and the downstream purchasing demand is general, which has a certain conflict with the current price of caustic soda. The overall turnover of caustic soda was relatively light. On the whole, it is expected that the operation of caustic soda will be dominated by narrow fluctuation, and the specific situation depends on the downstream market demand.

1、 Price trend

According to the monitoring of the business association, the price of steam coal continued to fall. On February 23, the average port price of steam coal was maintained at 608.75 yuan / ton, up 5.55% year on year. On February 22, the steam coal commodity index was 74.85, down 1.96 points from yesterday, down 40.12% from the cycle’s highest point of 125.00 points (2021-01-19), and up 67.45% from the lowest point of 44.70 points on January 20, 2016. (Note: period refers to 2011-09-01 to now).

2、 Analysis of influencing factors

Origin: after the festival, the supply of coal mines basically recovered, and the supply side as a whole was significantly loose compared with previous years. In order to do a good job of epidemic prevention and control, during the holidays, large coal mines generally do not have holidays for normal production. At the same time, most of the mines have fewer days off, enterprises do not stop work, or some enterprises return to work early, some stocks are on the high side, enterprises do not ship well, and prices have declined. It is understood that the coal price in Inner Mongolia of Shaanxi Province has been reduced by about 10-60 yuan / ton, and the overall coal sales are poor. The quotation of steam coal continued to fall, the demand of downstream procurement was light, multi-dimensional held long-term cooperative transportation, a small number of inquiries, more price reduction and counter-offer, the market transaction was light, and the buyer and the seller had a wait-and-see attitude.

In terms of downstream power plants: due to the recent rise in temperature, the demand for civil coal has weakened, and the daily consumption of downstream power plants has decreased. Both sides are still in a strong wait-and-see mood, with obvious price reduction and low transaction activity. The demand is not good, and the inventory pressure of upstream and port is large. At present, the mainstream open position price of 5500 kcal coal is about 590-605 yuan / ton.

Macro: according to the data released by the National Bureau of statistics on February 19, the national coal prices rose and fell in early February. The specific price changes of all kinds of coal are as follows: anthracite (washing block, volatile matter ≤ 8%) price is 950 yuan / ton, 20 yuan / ton higher than the previous period, or 2.2%. The price of ordinary blended coal (Shanxi pulverized coal and lump coal blended coal, calorific value 4500 kcal) was 558.3 yuan / ton, down 143.5 yuan / ton or 20.4% compared with the previous period. The price of Shanxi Dabiao (better quality blended coal with calorific value of 5000 kcal) was 626.7 yuan / ton, down 157.7 yuan / ton or 20.1% over the previous period. The price of coking coal (main coking coal, sulfur content < 1%) was 1540.0 yuan / ton, up 34.3 yuan / ton or 2.3% over the previous period.

Analysts from business news agency believe that: from the end of November 2020 to the middle of January 2021, the price of thermal coal will rise, and the price of thermal coal will continue to fall after the festival, because the national temperature rises significantly, and the demand for civil heating power will weaken. The available days of coal storage increased. At this stage, the national temperature is in a sustained upward trend, and the support of civil power is not available. On the whole, the price of steam coal during the spring festival may remain weak, and the demand of downstream market will be taken into consideration.

1、 Price trend

The comprehensive price of potassium chloride was temporarily stable this week. The average price of potassium chloride mainstream comprehensive quotation this week is 2140.00 yuan / ton. Overall, this week’s potassium chloride market was temporarily stable, with the potassium chloride commodity index at 67.94 on February 19.

2、 Market analysis

This week’s quotation of potassium chloride mainstream manufacturers is temporarily stable: Qinghai Salt Lake potassium chloride weekend ex factory quotation is 2050 yuan / ton, compared with the beginning of the week, the quotation is temporarily stable; Anhui Badou potassium chloride weekend distribution quotation is 2230 yuan / ton, compared with the beginning of the week, the quotation is temporarily stable. The actual turnover of potassium chloride market this week is not good. On the whole, the main contradiction of the market is that supply exceeds demand, the trading atmosphere is cold, downstream purchasing is just in demand, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride market is stable.

3、 Future forecast

In late February, the overall trend of potassium chloride market was mainly small fluctuation. The KCl market is facing the pressure of three big mountains, namely, Hong Kong’s large stock, weak demand and downward international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. KCl analysts of business society believe that under the influence of supply and demand, raw materials and other aspects of the short-term KCl market, the KCl market may be dominated by high consolidation.

Price trend

According to the data monitoring of the business association, the market of acetic anhydride rose after the festival, and the price of acetic anhydride rose again. As of February 20, the price of acetic anhydride was 8633.33 yuan / ton, up 2.78% from 8400.00 yuan / ton before the festival (February 10).

Acetic acid price trend

It can be seen from the price trend chart of acetic acid that Hualu Hengsheng’s acetic acid equipment was shut down for maintenance after the festival, and the supply of domestic acetic acid raw materials decreased; the acetic acid manufacturers in Celanese, Texas, USA were shut down due to the cold wave, and the external price of acetic acid rose sharply, which stimulated the rise of domestic acetic acid price. The supply of acetic acid as raw material of acetic anhydride decreased, and the external price rose sharply, which stimulated the domestic acetic acid price to rise sharply. The cost of acetic anhydride rose, and the power of acetic anhydride rising in the future increased.

Market summary and future forecast

Bai Jiaxin, acetic anhydride data analyst of business news agency, believes that before and after the Spring Festival, the starting of acetic acid enterprises was low, the parking and maintenance of acetic acid enterprises increased, the domestic supply of acetic acid was insufficient, and the driving force of acetic acid price rise increased; in the external market, the parking of acetic acid equipment in Celanese, Texas, United States, and the external price soared, stimulating the domestic acetic acid price rise. The price of acetic acid rises, the raw material cost of acetic anhydride rises, and the driving force of acetic anhydride rises. It is expected that the market of acetic anhydride will rise, and the price of acetic anhydride will fluctuate in the future.

On February 19, the domestic polysilicon market was still at a high level. At present, it is mainly stable. After the festival, the price has not changed much compared with that before the festival. Polysilicon manufacturers signed orders one after another in February, and some large manufacturers signed new orders in March. The manufacturers are willing to support the price, and the factory price is rigid and stable, or rising. At present, the operating rate of domestic polysilicon manufacturers remains at a high level. Up to now, except for one of the 11 domestic polysilicon manufacturers, the rest of the plants are operating normally and the market supply is stable. The inventory pressure of enterprises was relieved, the signing of orders continued, the capacity of downstream silicon material manufacturers was released, the purchase volume remained unchanged, and the demand support was obvious. According to the monitoring of the business association, the current mainstream transaction price of polysilicon with the first-class solar material in China is 57000-61000 yuan / ton.

Note: the above price includes tax

This week, Panxi titanium concentrate prices rose slightly. As the Spring Festival holiday is approaching, the real single market is cold, and the market price is basically stable. Up to now, the price of 46,10 titanium ore from small and medium-sized manufacturers is 1950-1980 yuan / ton; the price of 47,20 titanium ore is about 2100 yuan / ton, and the price of 38,42 titanium ore without tax is 1330-1350 yuan / ton. Business Club titanium concentrate analysts believe that: downstream titanium dioxide trade orders better, prices rise. In the short term, the price of titanium concentrate will continue to run at a high level, which is a single discussion.

According to customs data, in December 2020, the import volume of China’s titanium ore was 300500 tons, with a month on month increase of 18.86% and a year-on-year increase of 1.27%. The top three import countries are Mozambique, Vietnam and Australia, accounting for 43%, 22% and 11% of the total import respectively. From January to December 2020, the total import volume is about 3.0142 million tons, with a year-on-year increase of 15.29%.

In December 2020, China’s export of titanium ore was 3870 tons, with a year-on-year increase of 74.68% and a month on month increase of 32.19%. From January to December 2020, the total export is about 2.58 tons, up 7.21% year on year.

On February 8, 2021, in the price rise and fall list of fluorine chemical industry, there were 0 kinds of commodities that rose, 0 kinds of commodities that fell, and 7 kinds of commodities that rose or fell to 0. Stable products include fluorite, hydrofluoric acid, R22, R134a, aluminum fluoride, cryolite and chloroform.

On February 8, the price trend of fluorine chemical raw material market was temporarily stable, with the price of raw material fluorite at 2741.11 yuan / ton. Recently, some fluorite plants in China started to work normally, and some mines and flotation plants in the plant were shut down. The fluorite supply in the plant was tight, but the downstream market rose recently, and the fluorite price was affected and went up. As of August 8, the price of fluorite in Inner Mongolia was 2600-2800 yuan / ton, and the price of fluorite in Inner Mongolia was 2500-2600 yuan / ton. It is expected that the price of fluorite will remain high and volatile in the future.

In the near future, the market trend of the downstream refrigerant industry is general, the operating rate remains low, and the demand for hydrofluoric acid is general. However, due to the reduction of the supply in the market, the price trend of hydrofluoric acid market is temporarily stable. As of August 8, the market price of hydrofluoric acid is 10577.78 yuan / ton. Recently, the market price of hydrofluoric acid has gone up, and the operating rate of domestic hydrofluoric acid is less than 60%. The enterprises reflect that the hydrofluoric acid in the market is now available The market of hydrofluoric acid is still bullish. Chen Ling, an analyst of business community, believes that the market of hydrofluoric acid may be slightly higher.

The price trend of aluminum fluoride products is temporarily stable, the market supply is normal, and the trading market is general. The ex factory price of aluminum fluoride of Zhengzhou Tianrui Crystal Technology Co., Ltd. is 8700 yuan / ton, and the price of aluminum fluoride of Zhengzhou Zerun energy and Chemical Co., Ltd. is 8700 yuan / ton. The overall market supply of aluminum fluoride is sufficient, and the overall price of aluminum fluoride market is relatively stable.

In recent years, the price trend of trichloromethane in Shandong is weak. The downstream market is in the off-season as a whole, and the demand for trichloromethane is poor. With the completion of goods preparation in the downstream market, the trichloromethane market continues to decline. At present, the starting of chloroform production enterprises in Shandong is high, the market spot supply is stable, and the shipment situation of enterprises is flat. Near the Spring Festival holiday, the logistics transportation is limited to a certain extent, and the enterprises bid for shipment in order to prevent excessive warehouse pressure in the future. At present, the quotation in Shandong is about 2250-2350 yuan / ton.

In recent years, the price trend of domestic cryolite is temporarily stable, the operation of the plant is stable, and the supply is normal. The domestic negotiation price is about 6500-7000 yuan / ton, and the actual transaction price is mainly negotiation. In general, the recent market of fluorine chemical industry is general, and it is expected that the trend of fluorine chemical industry will remain volatile in the later period.

In the near future, the price trend of downstream refrigerants R22 and R134a is temporarily stable, the raw material chloroform continues to be weak, the support of cost side is weakened, the downstream goods preparation is finished, the traders continue to withdraw from the market, the demand side continues to decline, and the market center moves down. Due to the higher price of hydrofluoric acid, the affected price of refrigerants rises slightly. Refrigerant R134a prices rose slightly, the market is strong operation. Near the end of the year, the downstream construction continued to decline, but the raw material support was strong, and the refrigerant market rose slightly.

According to statistics, the domestic p-xylene ex factory price rose slightly this week, with an average price of 5300 yuan / ton at the weekend, up 1.92% compared with 5200 yuan / ton at the beginning of the week, and down 15.87% year on year.

The price trend of domestic p-xylene market is rising, and the domestic PX operation rate is about 60%. The operation of Hongrun 600000 tons new unit is stable, Huizhou refining and chemical unit is stable, Fuhai Chuang unit starts one line, Pengzhou petrochemical unit is stable, Yangzi Petrochemical PX unit is normal, Jinling Petrochemical unit is stable, Qingdao Lidong unit is full load, Qilu petrochemical unit is stable The start-up of Urumqi petrochemical plant is about 50%, Hengli petrochemical plant is running normally, the domestic supply of p-xylene is normal, and the domestic market price of p-xylene is rising. This week, the operating rate of p-xylene plant in Asia dropped to about 60%, the supply of PX in Asia decreased, and the PX external price rose this week. By the end of the week, the closing price of p-xylene market in Asia was 718-720 USD / T FOB Korea and 736-738 USD / T CFR China. The PX external price rose this week, and about 40% of domestic products needed to be imported, and PX external price closed The price shock brought some positive support to the domestic market, and the domestic PX market price went up.

The price of WTI crude oil futures market in the United States rose this week. As of the 4th, the settlement price of the main contract in WTI crude oil futures market in the United States was at US $56.23/barrel, and the settlement price of the main contract in Brent crude oil futures market was at US $58.84/barrel. The price rise of crude oil futures this week was mainly affected by the strong economic data in the United States, the decline of crude oil inventory, OPEC + production reduction and other favorable factors, but the US dollar declined The strong restriction on the rise of oil price and the rising trend of international crude oil price are good support for domestic petrochemical products, and the domestic market price of p-xylene is higher.

This week, the price trend of PTA Market in the lower reaches rose, and the domestic PTA spot market maintained a rising trend. By the end of the week, the average spot price in the domestic market was 4100 yuan / ton. In terms of equipment, the PTA start-up remained above 87%. Although Ningbo Yisheng 2 million ton plant was overhauled as planned on January 24, fuhaichuang 4.5 million ton plant returned to normal operation and Fujian Baihong new plant was put into operation, PTA is still in the situation of oversupply, and the risk of accumulation is increasing. As the Spring Festival is approaching, the terminal textile factories are gradually taking a holiday to finish finishing, and the number of looms in Jiangsu and Zhejiang has dropped to about 40%. I heard that about 2 / 3 of the weaving enterprises in Xiaoshao area have stopped for a holiday recently, and the logistics and transportation in the later stage will also be limited. However, due to the rise of crude oil price, the price trend of PX in the upstream will rise slightly.

Overall, the textile industry gradually began to holiday, demand has declined, but the price trend of crude oil is mainly rising. For the upstream PX on-demand procurement, the price trend of PX market is temporarily stable.

Business community PX analyst Chen Ling believes that the recent trend of crude oil prices continued to rise, but the downstream textile industry trading market has declined, the domestic PX market supply is normal, and it is expected that the PX market price will be stable next week.

Equipment maintenance, transportation blocked, domestic BDO supply continued to be tight, the domestic BDO market rose again this month. According to the sample data monitored by the business community, the average price of domestic BDO producers was 12800 yuan / ton on January 1, and 13600 yuan / ton on January 31, with a price increase of 6.25% and a year-on-year increase of 38.83%.

This month, the domestic BDO market was strong and upward. In some areas, the transportation is limited, the equipment is overhauled, the market supply is tight, the manufacturers are profit-making, they are reluctant to sell, the offer continues to rise; the downstream demand follow-up is acceptable, some of the middle and lower reaches are bullish, and the focus of discussion continues to rise.

In terms of units, Sichuan Tianhua and Chongqing Jianfeng have reduced the impact of limited gas to about 70%; Panjin Dalian has reduced the impact to about 60-70% due to the shortage of raw materials; the start-up of Yanchang oil is unstable within a month, and the load is maintained at about 30-40%; Dongyuan was shut down for maintenance from January 20 to January 30; Shannxi Shanhua’s 30000 ton plant was restarted but unstable, and the 100000 ton plant was put into maintenance plan at the end of the month; Kaixiang was shut down for maintenance from the end of December to January 7, and now it is stable; Shannxi black cat 12 At the end of the month, the company stopped to replace the catalyst and restarted in mid January, but the load was not high; Xinye in Xinjiang stopped to January 20 due to boiler maintenance at the beginning of January, and its operation is stable at present; Hemei stopped for a short time in late January, which has been restored; two sets of units in Tunhe changed the catalyst in mid and late January, which has been restarted at present.

Downstream, PTMEG started steadily; PBT: about 60% of Kanghui’s two lines started, and there is a plan to stop another line in the near future, and the specific details need to be followed up. Large Pu pulp and TPU factories follow up on demand; some small factories enter the holiday mode. On the whole, the demand side inventory is expected to decrease in the next month.

Next month, the trend of raw materials calcium carbide and methanol is weak and stable, and the support of cost side is general. The supply side is expected to increase, but it is still controllable. During the Spring Festival holiday, the downstream small factories leave the market, the demand decreases, and the on-site wait-and-see mood increases. In February, the Spring Festival holiday was saved, and the actual trading time was shortened. On the whole, the supply and demand side is still supported. BDO analysts of business club expect that the domestic BDO market will continue to rise in February.

According to the data monitoring of the business agency, as of January 31, the average factory price reference of domestic butanone market was 6866 yuan / ton. Compared with the price on January 25 (the reference price of butanone was 6666 yuan / ton), the average price increased by 200 yuan / ton, or 3.0%. Compared with the price at the beginning of the month (the participating price was 7500 yuan / ton on January 1), the price decreased by 633 yuan / ton, or 8.44%.

At the end of January, the domestic butanone market experienced a slight upward trend after shock adjustment

January is really cold for the domestic butanone market, just like the weather in Northeast China. The butanone market began to fall all the way from the beginning of the month to the end of the month. Since the 24th and 25th, some domestic butanone factories and their holders’ quotations have been adjusted in a volatile way. The market has been fluctuating. The rise is mainly due to the smooth delivery of goods after the price reduction of Shandong large factories in the early stage On the 25th, the factory increased the ex factory quotation of butanone to 6700 yuan / ton by 300 yuan / ton. The decline was mainly due to the second-class cargo holders. The spot inventory was eager to ship, and they sold olive branches one after another, with a decrease of 200 yuan / ton. Then, the new orders in the market increased slightly, and most of the purchases were just needed before the festival. On the 27th and 28th, the domestic butanone market rose as a whole. After digesting the inventory in the early stage, the overall inventory pressure of domestic factories was not big, and the offer price of butanone factories increased, with an upward adjustment On January 31, the average factory price of domestic butanone market was 6766 yuan / ton. Compared with the price on January 25 (reference price of butanone was 6666 yuan / ton), the average price increased by 100 yuan / ton, or 1.50%. So far, the butanone market, which has been declining for nearly a month, finally ushered in a small rise in the end of January.

On the upstream side, in late January, the LPG civil market is on the way to decline. According to the data monitoring of business society, the average price of LPG civil market in Shandong was 4150 yuan / ton on January 15, and 3633.00 yuan / ton on January 29. From January 15 to 29, the average price of LPG civil market in Shandong has been reduced by nearly 600 yuan / ton, with a decline rate of 14%. The main reason for the decline is that the price of LPG civil market in Shandong has been reduced by 14% In terms of international crude oil, since January 15, the trend of international crude oil is not clear. During this period, it mainly fell in shock, which is difficult to support the LPG market. Secondly, in terms of demand, the northern market is affected by social and public health events, the demand has declined, and transportation in some areas is limited, which brings some resistance to the market. Under the mentality of buying up but not buying down in the downstream, the market entry is rare, the market transaction atmosphere is weak, the manufacturers’ shipment is blocked frequently, and the ex factory prices are falling one after another, which stimulates the downstream to purchase in the market. But the effect is not good, downstream market enthusiasm is limited, manufacturers in inventory pressure, forced to drop factory prices, market weakness.

Just need to replenish butanone market more stable finishing operation

At present, the butanone market is mainly in stable operation, transportation is gradually limited, and downstream replenishment is just needed. It is expected that the domestic butanone market will be mainly in stable operation in the early spring festival.

1、 Price trend

According to the monitoring data of the business community, the price of caustic soda was weak. The average price of Shandong market was 482.5 yuan / ton at the beginning of the week, and 472.5 yuan / ton at the end of the week, with a price drop of 2.07% and 18.53% compared with the same period last year. The commodity index of caustic soda on January 28 was 67.99, down 1.43 points from yesterday, down 67.13% from 206.87 points (November 14, 2017), the highest point in the cycle, and up 4.42% from 65.11 points, the lowest point on October 9, 2020. (Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

At present, the market of caustic soda is weak as a whole, the atmosphere of conversation is weak, and the overall transaction is flexible. It is expected that the follow-up or narrow range of caustic soda will be weak. The purchase price of Shandong’s main alumina decreased by 10-16 yuan / ton, and 32 yuan / ton to 390 yuan / ton. The price of caustic soda in Shandong Province has been reduced. The mainstream ex factory price of 32% caustic soda is 400-500 yuan / ton. The downstream purchase demand is general. There is a certain conflict with the current price of caustic soda. It is expected that the follow-up or narrow range of caustic soda will be weak. The price of caustic soda in Hebei is stable for the time being. The mainstream ex factory price of 32% caustic soda is about 470-580 yuan / ton, and the downstream purchase demand is general. It is expected that the follow-up or narrow range finishing operation of caustic soda will be dominant.

Demand: on the downstream side, the downstream industry is in the off-season of production, and the demand side lacks support. At present, the average price of domestic alumina is basically maintained within 2300-2400 yuan, which is at a historical low. The production profit of enterprises is low, and the willingness to resume production is weak. In addition, the manufacturers mainly purchase caustic soda on demand near the Spring Festival holiday. The good news is scarce, and the support for caustic soda market is still poor. It is expected that caustic soda will still maintain low-level operation in the short term. The purchasing of downstream enterprises is general, and the market price has little power to rise.

According to the price monitoring of the business community, in the 03 th week (1.18-1.22) of 2021, there were 2 kinds of commodities rising, 1 kind of commodity falling and 2 kinds of commodities falling to 0. The main commodities rising were hydrochloric acid (2.74%) and PVC (1.97%); the main commodities falling were calcium carbide (- 3.05%). This week, the average rise or fall was 0.33%.

Analysts from the business society believe that in the near future, the overall supply of caustic soda is sufficient, the overall ex factory price of caustic soda is stable and small, and the downstream purchasing demand is general, which has a certain conflict with the current price of caustic soda. As a national wind vane, the price reduction in Shandong will drive the national trend downward. It is expected that caustic soda will be sorted out later or in a narrow range, depending on the downstream market demand.

On January 27, the crude benzene commodity index was 47.01, which was the same as yesterday. Compared with the highest point 131.84 (2013-01-28) in the cycle, the crude benzene commodity index decreased by 64.34%, and increased by 53.93% compared with the lowest point 30.54 on April 8, 2020. (Note: period refers to 2011-09-01 to now).

In January 2021, the crude benzene market fluctuated. The domestic ex factory price of crude benzene was 2951.25 yuan / ton at the beginning of the month and 3001.67 yuan / ton at the end of the month, with a monthly rise of 1.71%.

In January 2021, the price of pure benzene of Sinopec was increased twice, with a total increase of 250 yuan / ton. As of January 28, Sinopec’s refineries uniformly implemented 4650 yuan / ton.

Since August last year, coke prices have been rising all the way, coking enterprises have higher profits, positive start-up and good sales. Crude benzene supply has been relatively stable, so far coke has increased 15 rounds, a total of 1000 yuan / ton, coking enterprise profit is considerable. In the first half of the month, the price of pure benzene in East China continued to rise, while the market of hydrogenated benzene was mainly rising. The demand for crude benzene was good, and the price of crude benzene rose. In the second half of the month, with limited transportation in some areas, high freight prices and less impact from transport vehicles, crude benzene prices recovered after the shock, and the trend of downstream related products pure benzene was mainly volatile. The pressure in East China and North China was more obvious. Downstream hydrogenated benzene manufacturers reduced their prices one after another, and the ex factory price of hydrogenated benzene declined, which forced the crude benzene bidding price down. The overall crude benzene market fluctuated in the second half of the month The actor. As of the end of this month, the inventory of pure benzene is still high. Although the external price of crude oil and pure benzene is strong, the demand support is limited. The start-up of styrene and other units downstream of hydrogenated benzene has declined this month, and the maintenance of units is more, so the demand support is weak.

The overall operation rate of hydrobenzene enterprises is stable at about 65% in the near future, with little change this month. The production of hydrobenzene units is relatively stable near the Spring Festival, and some enterprises shut down in the early stage start operation one after another this month, with stable demand for crude benzene.

In the future, the business community believes that at present, the pure benzene external market and crude oil market perform well, which has a certain support for the market. However, the price of pure benzene and hydrogenated benzene remains volatile this week, and the fall of styrene price has a great impact on the overall industrial chain. The crude benzene bidding price remains stable at the end of the month, and the market activity is reduced near the Spring Festival. It is expected that the market will be stabilized before the festival.

Trade name: br 9000

Latest price (January 27): 11360.00 yuan / ton

Key points of analysis: according to the monitoring of business news agency, the domestic price of cis-1,3-polybutadiene rubber was 11360.00 yuan / ton on the 27th, down 0.53% compared with the previous day. On the one hand, the price of butadiene continues to weaken, and the cost of cis-1,4-polybutadiene rubber is a drag. According to the monitoring of business agency, as of January 27, the butadiene price was 6057 yuan / ton; on the other hand, the rubber plant of Yangzi Petrochemical Company stopped unexpectedly for some reason in the early stage, the market speculation price rose too fast, and there was a callback demand in the market; finally, near the Spring Festival, the downstream purchasing enthusiasm was not high, and some businesses sold goods at low prices. According to the business news agency, at present, the quotation of cis-1,4-polybutadiene rubber market is slightly lower than that in the earlier stage, with the mainstream newspaper of Daqing at 11100-11200 yuan / ton, Qilu at 11200-11400 yuan / ton, Qixiang, Jinzhou and Sichuan at 10700-10900 yuan / ton.

Future forecast: low price of raw materials, soft demand. It is expected that the price of cis-1,4-polybutadiene rubber will narrow down in the future.

As of December 22, the average 180CST price of domestic fuel oil was 4007.50 yuan / ton (including tax), down 0.93% from the beginning of the week, according to the data of business news agency.

On January 22, the fuel oil commodity index was 81.16, unchanged from yesterday, down 29.98% from 115.91 (October 17, 2018), the highest point in the cycle, and up 76.13% from 46.08, the lowest point on August 15, 2016. (Note: period refers to the period from September 1, 2011 to now)

Domestic marine oil raw materials support the cost of fuel oil 180CST. According to the business news agency, as of January 22, the self provided low sulfur quotation of fuel oil 180CST in Zhoushan area was 4000 yuan / T; the self provided low sulfur quotation of fuel oil 120cst was 4100 yuan / T; the self provided low sulfur quotation of fuel oil 180CST in Shanghai area was 3950 yuan / T; and the self provided low sulfur quotation of fuel oil 120cst was 4050 yuan / T.

This week, the international crude oil price fluctuated downward, and the support for fuel oil price was limited. WTI crude oil prices rose 1.35% this week, while Brent crude oil prices rose 1.81% this week.

Singapore’s fuel oil inventory has decreased and its support for fuel oil has increased. It is understood that Singapore enterprise development board (ESG): in the week ending January 20, Singapore’s light distillate inventory decreased by 126000 barrels to a two-week low of 15.488 million barrels; Singapore’s medium distillate inventory increased by 604000 barrels to a three week high of 15.158 million barrels; Singapore’s fuel oil inventory decreased by 305000 barrels to a three week low of 21.999 million barrels. On January 19, Fukuang shale oil tender launched a total of 7000 tons of shale oil with a trading volume of 7000 tons. The weighted average price was 2658 yuan / ton, up 202 yuan / ton.

Future forecast: business community energy analysts believe that the fuel oil 180CST market is in a strong wait-and-see mood in the near future, the downstream demand is light, and the terminal purchase is mainly on demand. On the whole, it is expected that the fuel oil 180CST market will be stable in the short term.

According to the monitoring of the business agency, the market price of phthalic anhydride in China rose slightly this week. By the end of the week, the quotation of phthalic anhydride was 5625 yuan / ton, up 0.22% from 5612.5 yuan / ton at the beginning of the week, and down 8.91% year on year. The price trend of phthalic anhydride in China was mainly volatile.

This week, the price trend of domestic phthalic anhydride market rose slightly. The market situation of phthalic anhydride was general. The recent downstream demand had little change. The price trend of o-benzene was temporarily stable. The plasticizer market was mainly volatile. The price trend of phthalic anhydride market rose slightly. The domestic phthalic anhydride manufacturers have little change in operation. The operating rate of phthalic anhydride on the floor is about 60%. The domestic phthalic anhydride spot supply is sufficient. The downstream plasticizer industry mainly purchases on demand. The goods on the floor are general, and the trading market on the floor has little change. The price trend of phthalic anhydride market in East China is temporarily stable, with limited high-end transactions on the market. The mainstream price of phthalic anhydride market in East China is 5600-5800 yuan / ton in the negotiation of neighboring France, 5400-5500 yuan / ton in the negotiation of naphthalene method; the mainstream price of phthalic anhydride market in North China is 5600-5700 yuan / ton, the market outlook of phthalic anhydride is still in place, and the market price trend of phthalic anhydride market rises slightly.

This week, the domestic price of o-benzene was temporarily stable, and the market price was maintained at the level of 4700 yuan / ton. This week’s trend was stable. The low domestic price of o-benzene was due to the bad influence of phthalic anhydride market. In addition, the import price of o-benzene in the port area declined, and the external quotation of o-benzene remained volatile. The actual transaction price was subject to negotiation, and the actual transaction price was discussed in detail The price trend is temporarily stable, the raw material o-benzene price is low, which is bad for the domestic market price of phthalic anhydride, but the downstream plasticizer market has improved, and the domestic market price of phthalic anhydride rises slightly.

This week, the market price of phthalic anhydride downstream DOP fell slightly. According to the monitoring of business society, the domestic DOP price was 9425 yuan / ton as of the 22nd, 0.53% lower than the price of 9475 yuan / ton at the beginning of the week. The DOP raw material cost, ISO octanol price, DOP raw material cost, DOP enterprise equipment start-up, PVC price, and downstream customer demand were low. Plasticizer market rising power weakened, downward pressure still exists, transaction price is subject to real-time price, the overall DOP price is about 9200-9500 yuan / ton, DOP market rising power weakened, downward pressure still exists, phthalic anhydride price rise is limited.

In general, the recent crude oil price trend remains high, the domestic o-benzene price trend remains stable, but the plasticizer Market slightly falls, and the phthalic anhydride market price mainly fluctuates.

In the future, the price trend of domestic o-benzene is mainly stable, but the transaction market of plasticizer has a downward trend. The price trend of DOP in the future is slightly lower, and it is expected that the market price of phthalic anhydride will remain volatile next week.

1、 Price trend

According to the monitoring data of bulk commodities, the domestic price of grade 52 chlorinated paraffin was stable this week. This week, the average ex factory price of domestic chlorinated paraffin 52 grade I products is 5100 yuan / ton.

2、 Market analysis

This week, the price of chlorinated paraffin 52 was stable. The overall trend of paraffin wax market is weak and stable. Traders are cautious in taking goods, with obvious wait-and-see mood, and mainly purchase on demand in the downstream. At present, the ex factory price of grade 52 chlorinated paraffin in East China is about 4800-4900 yuan / ton, that in Northeast China is about 5200 yuan / ton, that in Northwest China is about 5200 yuan / ton, and that in Shandong is 4500-4600 yuan / ton.

In terms of international crude oil, the price of WTI crude oil futures market in the United States fell on January 21, with the settlement price of the main contract at US $53.13/barrel, down US $0.18. Brent crude oil futures market prices rose, the settlement price of the main contract at 56.10 U.S. dollars / barrel, or 0.02 U.S. dollars. Crude oil WTI fell slightly on Thursday after data showed an unexpected increase in U.S. crude oil inventories last week, which made the market worried about slowing fuel demand and expected to rekindle. Meanwhile, U.S. stimulus measures were expected to limit price decline.

Liquid wax, liquid wax prices more stable this week, the overall trading atmosphere is light and stable. In terms of liquid chlorine, the market prices of liquid chlorine in North China and East China rose, while the prices in other regions were relatively strong, and the liquid chlorine market was mainly strong in the short term. In terms of demand, near the Spring Festival holiday, downstream enterprises mainly need orders, replenish goods appropriately, and have a strong wait-and-see atmosphere, while the overall trading atmosphere is general.

3、 Future forecast

Business community chlorinated paraffin analysts believe that this week chlorinated paraffin overall market trading atmosphere is general, wait-and-see atmosphere is relatively strong. The output of chlorinated paraffin kept low and the inventory kept low. With the strong support of raw materials, the price of chlorinated paraffin is expected to be strong in the short term, and the possibility of a slight increase is not ruled out.

1、 Price trend

The factory price of calcium carbide in Northwest China fell this week. This week, the average ex factory quotation price of the mainstream calcium carbide manufacturers in Northwest China dropped from 3333.33 yuan / ton at the beginning of the week to 3300.00 yuan / ton at the end of the week, down 33.33 yuan / ton, or 1.00%, up 17.58% over the same period last year. Overall, the market of calcium carbide fell this week, with the commodity index of 86.46 on January 15.

2、 Trend analysis

From the manufacturer’s quotation, the ex factory price of calcium carbide in Northwest China fell this week: oviganone’s quotation of calcium carbide this weekend is 3300 yuan / ton, which is temporarily stable compared with the beginning of the week; Inner Mongolia Zoomlion’s quotation of calcium carbide this weekend is 3400 yuan / ton, which is temporarily stable compared with the beginning of the week; Ningxia Xingping’s quotation of calcium carbide this weekend is 3200 yuan / ton, which is 100 yuan / ton lower than the beginning of the week.

From the perspective of the upstream and downstream industrial chain of calcium carbide, the price of raw materials in the upstream market was high this week. The quotation of small material is 1150 yuan / ton this weekend, which is temporarily stable compared with the beginning of the week; that of medium material is 1200 yuan / ton this weekend, which is temporarily stable compared with the beginning of the week; that of large material is 1200 yuan / ton this weekend, which is temporarily stable compared with the beginning of the week. The price of raw materials in the upstream was high and the cost support was good, which had a positive impact on the price of calcium carbide.

Downstream market, PVC factory prices fell this week. The price of PVC decreased from 7050.00 yuan / ton at the beginning of the week to 6962.50 yuan / ton at the end of the week, a decrease of 1.24%. Compared with the same period last year, it increased by 2.01%. This week, PVC prices fell slightly, the market is general, the downstream of calcium carbide procurement enthusiasm is general, overall, this week’s PVC market has a negative impact on calcium carbide prices.

3、 Future forecast

In late January, the calcium carbide market fluctuated slightly and fell mainly. The price of raw material blue carbon was high and the cost of calcium carbide was well supported. The downstream PVC market has fallen sharply recently, downstream customers are generally enthusiastic about purchasing calcium carbide, the output of calcium carbide has risen, and the market supply exceeds demand. It is predicted that the price of calcium carbide in Northwest China may drop slightly in late January.

After new year’s day, the East China liquid epoxy resin continued to negotiate in 20100-21500 yuan / ton barrels. Today’s market as a whole rose by about 1000 yuan / ton. The market offer was 21500-23000 yuan / ton. The factory offer was mostly 23000-24000 yuan / ton with limited supply. The delivery needs to line up. Among them, the mainstream negotiation of solid resin is about 17200 yuan / ton, and the orders of the current factory are increased compared with the previous period. In addition, the upstream raw materials also show signs of warming up, and the epoxy resin is on the rise obviously.

The shortage of supply is the main reason for the upsurge of liquid epoxy resin market. After a wave of decline, under the influence of the mentality of buying up but not buying down, the inventory of downstream factories has been basically exhausted, and the epoxy resin market has fallen to the break even point. Some factories have a single proposal to reduce the operating rate. After a short period of price balance, the terminal procurement has gradually recovered, but a few factories have been affected by extremely cold weather Gas affected the equipment failure. The epidemic was caused by the decrease of the factory operation rate. As the holiday approached, the logistics was tight and the inventory demand increased. However, the epoxy resin inventory was not large. With the arrival of a wave of demand, the factory had to queue up to pick up the goods. Under the tight supply, the factory’s offer was raised to 23000-24000 yuan / ton one after another.

In terms of plant, Nantong Xingchen 160000 tons liquid epoxy resin plant was restarted, and Huangshan Jinfeng 15000 tons solid epoxy resin plant was shut down for technical transformation. Guodu chemical’s epoxy resin plant is in the state of shutdown, mainly out of stock.

BPA rose again after a weak correction, with little increase. However, due to the increase of confidence of downstream shippers, shippers’ offer tentatively pushed up. The current mainstream offer is 13000 yuan / ton, and factories mainly stop offering, among which Changchun chemical offer is 12800 yuan / ton, Lihua yiweiyuan offer is 13500 yuan / ton. In terms of market, East China and North China offer is maintained at 12800-13000 yuan / ton. The market of epichlorohydrin, another important raw material, maintained a stable trend, with little change after the festival. At present, epichlorohydrin closed at 12200-12500 yuan / ton.

At present, the price of raw material bisphenol A in downstream resin plants is about 14000-16000 yuan / ton, while the price of epichlorohydrin is 11500-12200 yuan / ton. From this point of view, the current profit value of liquid resin is relatively low. After bottoming, it is reasonable that with the increase of terminal demand price, the business community expects that the short-term liquid epoxy resin will maintain 21500-23500 yuan / ton