Price Trend

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According to the price monitoring of business associations, propylene oxide is running steadily today. At present, the mainstream price of propylene oxide in China is 9100-9500 yuan/ton, up 0.36% compared with last Monday.

II. Analysis of Influencing Factors

Product: Propylene oxide Market is running steadily. In recent years, the domestic propylene oxide supply has decreased slightly, and the overall market supply and demand are basically balanced. Today, the cash delivery price of Wanhua Chemistry Shandong Mainstream Market is 9200 yuan/ton, while that of East China Mainstream Market is 9500 yuan/ton.

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Industry chain: The price of upstream propylene market rose slightly. New orders in downstream polyether market were gradually reduced, and the ability of purchasing propylene oxide in the market was gradually weakened.

3. Future market forecast:

According to business associations, the market for propylene oxide may be dominated by weak finishing operations in the short term.

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First, the price trend

This week the domestic butadiene market continues to push high.

Business community monitoring shows that at the beginning of the week domestic butadiene market price of 8081 yuan/ton, the weekend domestic butadiene prices of 8370 yuan/ton, the weekly increase of 3.57%, the price is 28.74% lower than the same period last year.

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Ii. Analysis of influencing factors Products: This week, the domestic butadiene market continued upward, during the week Sinopec price increase of 300-400 yuan/ton to 8400-8500 yuan/ton, Liaoning Tong chemical bidding floor price increased by 400 yuan/ton to 8410 yuan/ton. At the beginning of the week northeast manufacturers only a small amount of export, spot resources tight support a small part of the export supply of large price increases, the rest of the export manufacturers and Sinopec prices immediately followed up, the market center of gravity as a whole moved up.

In the middle and late Zhou, the state and Shandong Huayu device reboot, Inner Mongolia Jutai and God huanning Coal part of the qualified goods export, the market supply slightly increased, and with the domestic market higher, some European, Iranian and Asian sources of active offer, but downstream to high price acceptance capacity is limited, only sporadic just need passive inquiry, butadiene market after the consolidation of the main. Industrial chain: Downstream synthetic rubber, butadiene rubber, natural rubber although poor, but the supply side gradually improve the price of butyl rubber but played a boost, the domestic butadiene rubber market offer slightly increased, but the inquiry follow up but the performance of the general, the actual transaction is still small. Butadiene Rubber, the domestic butadiene rubber market rose quotes. Supplier to increase the price of Shun Ding gum, merchant offer price follow up, the atmosphere of the field inquiry is not good, buyers on the high newspaper inventory resistance, less spot volume, business shipments are poor.

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SBS: Domestic SBS Market oil glue low finishing, dry glue change small finishing.

Third, the forecast of the aftermarket On the positive side, the export manufacturers have no obvious inventory pressure, high price is strong. On the negative side, the overall start of the butadiene industry began to rise, the northern market spot supply increase, downstream just need to support the high price limited, butadiene rubber has some equipment maintenance, the overall decline in the start rate. Recently, Butadiene market upward is mainly supported by the supply side, with the market higher, some domestic equipment restart, another part of the qualified products into the market, the northern market supply surface slightly widened, coupled with the downstream just need to support the limited strength, the market supply and demand fundamentals are difficult to continue to move higher to bring a strong boost. Short-term supply-side inventory low, or will bring some support to the price, but the market trend has no shortage of weak expectations, comprehensive consideration, business society butadiene Analysts expect that the early next week market high finishing mainly, but do not rule out the deal weak drag and drop, the late market fall consolidation may, it is recommended to pay attention to manufacturers export volume and internal and external

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First, the price trend: The price of acetic anhydride fell this week, according to business data monitoring.

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As of May 17, acetic anhydride enterprises quoted an average price of 4950.00 yuan/ton, compared with the earlier this week acetic anhydride quote 5083.33 yuan/ton, the price fell 2.62%, compared with the last weekend quoted 5233.33 Yuan/ton fell, a decrease of 5.41%; the price is 38.7% lower than the price of acetic anhydride in the same period last year.

Second, the market analysis:

Product Analysis: This week the domestic acetic anhydride factory offer fell, the market transaction price fell. As of May 17, most of the factory prices in 4800-5000 yuan/ton, the actual transaction price fell, the actual transaction price in Shandong region in 4850 yuan/ton, the price fell, the market quotation for the reference price, the actual transaction price to the actual consultation prevail.

Acetic anhydride factory equipment construction rate to maintain a high, but the downstream sales of acetic anhydride cold, acetic anhydride market in general, after the fall of acetic anhydride pressure is greater.

Analysis of industrial chain factors:

Product Name

Specifications

Quotation area

5.13

5.14

5.15

5.16

5.17

Change

Year%

Unit

Acetic anhydride

Premium Products

Shandong

5083.33

4983.33

4950.00

4950.00

4950.00

-133.33

-2.62

RMB/ton

Acetate

Premium Products

East

2616.67

2616.67

2616.67

2616.67

2616.67

0

0

RMB/ton

Methanol

Premium Products

Shandong

2234.00

2252.00

2260.00

2266.00

2280.00

46.00

2.06

RMB/ton This week acetic anhydride raw materials acetic acid prices temporarily stable, methanol price shock rose. As of May 17, acetic acid quoted 2680.00 yuan/ton, compared with the beginning of this week acetic acid price stability, this week methanol price shock rose, as of May 17, methanol quote 2280.00 yuan/ton, methanol price increased 2.06% this week, acetic anhydride cost rise, the acetic anhydride market has a positive impact,

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After the aftermarket acetic anhydride has a certain upward momentum.

Third, the forecast of the aftermarket: Business Society acetic anhydride data analyst Baijia believes that this week acetic anhydride raw materials acetic acid price temporarily stable, methanol price shock rise, acetic anhydride cost rise, acetic anhydride price has a certain upward momentum. Recently, acetic anhydride manufacturers started high rate, adequate supply, demand, the recent downstream procurement in general, acetic anhydride sales pressure, acetic anhydride market negative impact is greater. Overall, acetic anhydride market is mixed, the cost of acetic anhydride increased, acetic anhydride decline space is limited, acetic anhydride supply is sufficient, downstream demand in general, overall oversupply, acetic anhydride market is more than good, but acetic anhydride decline space is limited, expected after the fall of acetic anhydride price shock stability.

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Price Trend

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According to the monitoring data of business associations, as of May 15, the average price of ethanol market in China was 5220 yuan per ton, and the price of ethanol market in China varied from region to region.

II. Market Analysis

Products: The domestic alcohol market has varied from region to region. Northeast Jilin corn ethanol narrow-range finishing, downstream delivery is general, the high-price signing situation in the early stage is not good, individual low-end has a trend of callback; East China and North Jiangsu are on the sidelines, downstream purchasing keeps just the level of demand, factories rely on their own supply of low-level intentional bidding, but the overall trading atmosphere is weak; South China is a large factory quotation is low, high-end source shipment is not good, Guangdong Province Import prices in the region weakened slightly, and the downstream basically maintained the rhythm just needed.

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Industry Chain: Maize: In May, inventory continued to decline, annual maize planting area and output continued to decline, which led to the corn trading enterprises reluctant to sell, imported maize increased and came to Hong Kong one after another. The game between the main factors, such as timely start of maize storage, will directly affect the trend of maize market. We predict that the general trend of corn market in May will be more likely to rise, but we do not support a short-term surge. Sustained slow rise should be the mainstream performance of the market. After the arrival of bulk imported Maize in Hong Kong and the commencement of pre-storage auctions, the impact on the mainstream market is expected to be limited. Invite low inventory enterprises to replenish stocks appropriately in case of unexpected events. Ethyl acetate: The domestic market of ethyl acetate is weak. The market supply is still oversupply. It is difficult to alleviate. Some local suppliers continue to concede profits and push down market transactions.

3. Future Market Forecast

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The downstream demand is gradually weakening. After the accumulation of enterprise inventory in Northeast China, the short-term market is expected to remain weak. It is difficult to improve in the downstream of East China in the short term. Under the influence of poor demand, ethanol analysts of business associations predict that the domestic ethanol market will be weak in the short term.

Price Trend

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According to the monitoring data of business associations, the price of methane chloride in China continued to rise after the May 1st holiday. The average price of dichloromethane in Shandong was 2800 yuan/ton at the beginning of the month and 3500 yuan/ton at the end of May 13th, up to 25%. The average price of trichloromethane in Shandong was 2733 yuan/ton at the beginning of the month and 3200 yuan/ton at the end of May 13th, up by 15.38%.

II. Cause Analysis

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Product Reasons: After May 1st, due to the smooth start of the downstream refrigerant market as a whole, just need to be combined with Shandong Jinling chemical overhaul, the overall supply of methane chloride market is tight, enterprises and traders Multi-Limit shipment and low inventory. At present, the quotation of dichloride in Shandong is about 3500 yuan/ton and trichloride is about 3200 yuan/ton; that of dichloride in Jiangsu is about 3700-3800 yuan/ton and that of trichloride is about 4000 yuan/ton; that of dichloride in Jiangxi is about 3750 yuan/ton and that of trichloride is about 3650 yuan/ton. In terms of start-up, at present, the time for Jinling chemical plant to be repaired and restored is uncertain; Dongying Jinmao fully loaded operation; Luxi chemical plant to start 60%; Jiangsu science and technology plant to start normal; Jiangxi science and technology plant to run normally, etc.

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Industry chain: Upstream, the natural gas market gradually warmed up, with a small increase of 1.82% after May 1, and the current average price of about 3363 yuan/ton; the domestic methanol market rose and fell, the mainland partially rose, downstream replenishment and later part of the plant parking and other good news support, the mainland part of the market shipment is still possible, coupled with the recent increase in freight charges caused by increased arrival costs, part of the continued to rise, at present all. The price is about 2248 yuan/ton; the liquid chlorine market is stable and weak, and the storage pressure of enterprises is relatively large. Enterprises in North China offer more than 1 yuan/ton, and subsidized freight is about 100 yuan/ton. Eastern China is affected by overhaul, and more than 500 yuan/ton. Downstream, R410a market shocks adjustment, refrigerant downstream market demand is flat, mostly export orders; R22 refrigerant market overall start-up rate is about 60%, market turnover is flat, now the enterprise water factory reported 18500-18800 yuan/ton.

Industry: According to the price monitoring of business associations, in the 18th week (5.6-5.10) of 2019, there were 24 kinds of commodities rising annually in the chemical sector, of which 3 commodities increased by more than 5% accounted for 4.1% of the monitored commodities in the sector; the first three commodities were dichloromethane (13.33%), trichloromethane (10.98%) and acetone (5.15%). There are 31 kinds of commodities with a decline of more than 5%, accounting for 4.1% of the monitored commodities in this sector. The products with the first three declines are hydrochloric acid (-34.43%), sulfuric acid (-21.48%) and ammonium chloride (-8.20%).

3. Future Market Forecast

Data analysts of business associations’methane chloride data believe that at present, the overall start-up of methane chloride production enterprises is low, the spot supply is tight and the inventory is low, and the supply-side gap is difficult to effectively remedy in a short time. Although the current downstream market demand is general, it is about to enter the peak season of refrigerant demand, and the market of methane chloride is expected to be strong in the near future.

First, the domestic price trend chart of sodium pyrosulfite

According to Business Society monitoring, this week, the domestic price of sodium pyrosulfite continued to hold steady operation, industrial grade sodium pyrosulfite early in the week average price of 1983.33 yuan/ton, the weekend average price of 1983.33/ton, the change of 0%.

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Second, the market analysis Products: This week, sodium pyrosulfite market as a whole continued to run smoothly, industrial grade sodium Pyrosulfite market price range of 1800-2100 yuan/ton, most prices concentrated in the vicinity of 19000 yuan/ton. Enterprise production is more stable, relatively adequate inventory, enterprises are still to complete the old customer orders mainly.

(The above prices are refers to the domestic mainstream enterprises external quotations, some of the outstanding enterprises are not in its scope, the price is for reference only, and the final pricing of manufacturers have nothing to do, please contact the manufacturers to consult).

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Industrial chain: This week, the domestic soda price continued to run at the bottom, sulfur prices continue to weak operation, upstream product prices continued to be weak, processing costs suppressed under the short-term domestic price of sodium pyrosulfite market overall upward pressure.

Third, the forecast of the aftermarket Business analysts believe that upstream product prices continue to be weak, processing costs are relatively low, downstream wait-and-see attitude is strong, it is expected that the domestic market price of sodium pyrosulfite in the short term will continue to operate at the bottom.

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First, the price trend Propane market continued to rise in April.

At the beginning of the month propane market average price in 4282.5 yuan/ton, the end of the month average price of 4737.5 yuan/ton, the monthly increase of 10.62%, the price is up 14.58% compared with the same period last year.

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Ii. Analysis of influencing factors Products: This month propane prices pushed up continuously, the market transaction atmosphere is mild. As of April 30, Shandong Dongming Petrochemical Propane is not quoted, Tianjin Bohai Chemical Group Supply and marketing company propane propane is not quoted. Shandong Hai Right Petrochemical Group propane factory price of 4750 yuan/ton, Shandong HSBC Petrochemical Propane factory price of 4780 yuan/ton, Shandong Hengyuan Petrochemical Co., Ltd. Propane factory price of 4770 yuan/ton, Shandong Binzhou great group Propane factory price of 4700 yuan/ton,

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Sinopec Qingdao Refinery Chemical Co., Ltd. Propane factory price of 4640 yuan/ton, Shandong Zhonghai Fine Chemical Co., Ltd Propane factory price of 4650 yuan/ton. Industrial chain: April domestic liquefied petroleum gas market continuous upward. At the beginning of the month, the average price of domestic liquefied gas market was 4282.5 yuan/ton, the average price at 14.58% 10.62% 4737.5 the end of April Domestic Propylene (Shandong) first significantly rose out of the trend of downward concussion. The first half of the propylene market rose after the stabilization, the second half of the month prices began to decline concussion, but the overall range is not big. At the beginning of the enterprise average price of 6991 yuan/ton, the end of the month is 6885 yuan/ton, the monthly decline of 1.52%. May Saudi Aramco CP: Propane 525 USD/ton, up 10 from the previous month, with an CIF cost of around 4137 yuan/ton.

Butane 530 USD/ton, down 5 from the previous month, the CIF cost of about 4174 yuan/ton. April Propane Market performance is good, the price of continuous upward. The market transaction atmosphere was better than last month. April CP introduced, propane rose, in the import cost to boost, the domestic market price quickly upward. International oil prices rose in a row this month, to the good of propane. Downstream buying and not buying under the mentality of active market procurement, coupled with some manufacturers are still in the state of maintenance, the market supply is reduced. Factory shipments continue to be smooth, inventory maintenance low.

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The whole month propane market trend is strong, prices continue to push up. Industry: According to business price monitoring, in April 2019, commodity prices rose and fell in the chemical sector a total of 14 kinds of goods, including more than 5% of the total number of goods 8, accounting for the plate of 11.1% of goods monitored; The top 3 commodities were hydrochloric acid (51.06%), TDI (22.62%) , Ammonium chloride (17.79%). A total of 46 items fell in the ring, a total of 14 products fell above 5%, accounting for 19.4% of the number of goods monitored in the sector, and the first 3 of the decreases were formaldehyde (37%) (-19.79%), Trichloromethane (-13.78%) and sulfur (-12.36%).

This month all change to-0.84%.

Third, the forecast of the aftermarket Business Society Propane Analysts believe: May CP introduced a small increase on the market to a boost, but the current price has risen to a relatively high, downstream part of the wait and see, the international crude upward resistance is greater, bearish market mentality. It is expected that the May trend or the possibility of a first steady and subsequent decline.

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“51″ After the festival, the domestic potassium chloride market overall supply and prices are relatively calm, the local market due to the balance of supply and demand was broken, the price of a small decline. In terms of domestic potash fertilizer, the production and transportation of Salt Lake Group installations are normal. Enterprise daily output of about 13,000 tons, inventory of about 750,000 tons. At present, Salt Lake Group 60% potassium chloride official station price of 2350 yuan (ton price, the same below), 57% potassium chloride to the station 2190 Yuan. Downstream buyers according to the volume of goods different, the price concessions reduced to 30~50 yuan. Local small factories are operating normally. 57% Powder Gelmu Freight yard self-quoted 1750~1800 yuan, preferential margin is very small. Port Potash fertilizer due to adequate inventory, the price is stable, the deal has slipped. Some new goods are expected to arrive in the near future. 62% White Potassium Mainstream quote 2350~2400 yuan, large particles quote 2370~2450 yuan, Russian red potassium quote 2250~2280 Yuan.

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At present, the border trade port potash fertilizer inventory is low, the new supply supplement is less, to the northeast market digestion mainly, 62% Russian white potassium quote 2130~2150 yuan. As a result of the recent spring fertilizer gradually into the end, downstream compound fertilizer enterprises start rate is stable, the overall construction rate is insufficient, so the purchase volume of potassium chloride is less. At present, potash fertilizer transaction more than a single discussion. Liangguang area Potash Fertilizer supply is more abundant, the price is relatively stable, the actual transaction is general. Among them, 62% Russian white potassium quote 2380 yuan, 60% white potassium quote 2280 yuan, Russian red potassium quote 2250 yuan, granular red potassium quote 2380~2400 Yuan. Northeast Potash Fertilizer Inventory is not much, new single deal weakened, price shock downward. Dundee granule Red Potassium quote 2400~2450 yuan, 62% white potassium quote 2330~2350 yuan.

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First, the price trend

graph.100ppi.com (500×300) Recently, the domestic butadiene market is careful to wait and see mainly.

Business Society monitoring shows that as of May 6, the price of Butadiene is 7834 yuan/ton.

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Ii. Analysis of influencing factors

Products: Domestic Butadiene market finishing and watching mainly, after the festival manufacturers do not have the latest price guidelines, downstream most of the digestion of raw materials inventory, the intention of the inquiry is low, the intention of the broker offers is not high, Shandong region sent to the price reference 7800-7900 yuan/ton, east China in 8000 yuan/ton, real single negotiations. Industrial chain: Downstream synthetic rubber aspect, Butadiene rubber: Although the day glue futures rebound, but the supply-side policy continues to exist repression, and the demand is also relatively weak, butadiene rubber market presents a concussion pattern, the industry is watching at the same time to offer more flat water factory, trading is small. Butadiene Rubber: Domestic butadiene rubber market stability. By the price support of the day glue, business offers in the factory prices, and low-cost shipping intention is not high, buyers into the market replenishment, small single deal in the factory price.

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SBS: Domestic SBS Market oil glue, dry rubber channel changed slightly finishing.

Third, the forecast of the aftermarket Recently northeast manufacturers or will have a small number of sources of export, and with the Puyang Blue Star device restart, the late supply surface slightly increased, but short-term northeast manufacturers inventory is low, and Inner Mongolia Jutai temporarily no commodity outflow, to a certain extent to bring support to the market, business society butadiene analysts expect that in the short term domestic butadiene market maintenance mainly, It is suggested to pay attention to the release situation and transaction guidelines of Northeast manufacturers.

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The report of the first quarter of 2019 issued by four major carbon black listed companies in China shows that the net profit of the four companies has declined dramatically, even a huge quarterly loss of more than 74 million yuan.

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On March 30, Jiangxi Black Cat Carbon Black Co., Ltd. issued a performance forecast for the first quarter of 2019. The company expects net profit attributable to shareholders of Listed Companies in the first quarter to be between – 50 million yuan and – 80 million yuan. The profit for the same period last year was 134.836 million yuan.

According to Black Cat Carbon Black, the price of coal-coke black raw material oil was running at a high level from January to March this year. During the same period, affected by the decline in production and sales rate of automobile industry and negative expectations of trade frictions, tire companies’purchasing willingness declined, and the selling price of carbon black products continued to decline. The bad situation of “expensive raw materials and cheap products” had not been improved.

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According to the data of Jinneng Technologies, the company’s quarterly sales increased by 27.54% to 606,000 tons from January to March 2019, but sales revenue increased by only 1.30%, which was caused by the sharp fall in the price of carbon black products.

According to the data monitored by business associations, the price of domestic carbon black quoted 6,900 yuan/ton on April 29, with a small fluctuation and a price fluctuation range of 100-300 yuan/ton. This month, the volatility of carbon black market is mainly upward.

Since the fourth quarter of last year, the price of raw oil for carbon black production has fluctuated dramatically, resulting in a “passive price drop” of carbon black products, and the quarterly operating profit of enterprises has even been reduced to zero.

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Business analysts believe that the number of carbon black enterprises in China is large, overcapacity and decentralized, and competition is fierce. Because of the lack of concentration of production capacity, price rises may be taken away by other competitors. As the short-term has not been significantly positive, the market is expected to continue to operate at a low level.