1、 Market Overview

According to statistics, the price trend of domestic fluorite market continued to decline this week. The weekend price was 2961.11 yuan / ton, down 0.93% from 2988.89 yuan / ton at the beginning of the week, up 4.82% year-on-year. Recently, fluorite price continued to fall.

2、 Market analysis

Product: the price trend of domestic fluorite continues to decline this week. As of the 17th, the average price of domestic fluorite is 2961.11 yuan / ton. Recently, the operation rate of domestic fluorite plant has increased. The on-site mine and flotation plant are gradually back to work, and the supply of fluorite in the field has increased. Due to the increase of on-site supply, the price of fluorite continues to decline. In addition, the price trend of downstream hydrofluoric acid has declined. For fluorite market, purchase is on demand, The price trend of fluorite market declined. In the near future, the operation rate of downstream units is relatively low, the spot supply of fluorite in the site is sufficient, and the downstream of the terminal is purchased on demand, resulting in a low market price. As of July 17, the price of 97 fluorite wet powder in Inner Mongolia was 2600-2900 yuan / ton, that of 97 fluorite wet powder in Fujian was 2800-3000 yuan / ton, that of 97 fluorite wet powder in Henan was 2800-3100 yuan / ton, and that of 97 fluorite wet powder in Jiangxi was 2800-3100 yuan / ton. The price trend of fluorite in the market fell back.

Industry chain: the price trend of hydrofluoric acid Market in the downstream of fluorite continued to decline this week. As of the end of the week, the ex factory price of hydrofluoric acid was 10590 yuan / ton. The price trend of hydrofluoric acid fell this week, and the price of fluorite slightly fell. In recent years, the sales of automobile industry has been in a downturn, the market trend of refrigerant downstream of the terminal is poor, the demand for refrigerant has been declining, the domestic R22 supply is sufficient, the domestic market price trend of refrigerant R22 has fallen, the starting load of the manufacturer’s production device is still not high, the supply of goods in the market is normal, the downstream air-conditioning manufacturer stops more, and the demand changes little, in addition to foreign public health affairs The main price of domestic large enterprises is 16000-18000 yuan / ton. The price trend of R134a market in China is declining, and the unit operation rate of production enterprises remains low. At present, the downstream operation is not high, and the demand for R134a is cold. In the near future, the procurement of downstream industry is not active, and the price drops slightly. The downstream demand is poor, and the price of fluorite market continues to decline.

Industry: this week, the unit operating rate of fluorite industry increased slightly, the price trend of hydrofluoric acid declined, the spot supply of fluorite products in the field was sufficient, and the price trend of fluorite market fell.

3、 Future forecast

On the whole, the downstream refrigerant industry has a poor market, the supply of fluorite has increased, and the recent price trend of hydrofluoric acid market has declined. Chen Ling, an analyst with the business agency, thinks that the market price of fluorite may continue to decline.

1、 Price trend

The antimony commodity index on April 10 was 53.07, unchanged from yesterday, 48.13% lower than the highest point in the cycle 102.32 (2012-10-16), and 12.96% higher than the lowest point 46.98 on December 24, 2015. (Note: cycle refers to 2012-09-08 to now).

2、 Market analysis

Upstream and downstream: the price of antimony oxide was stable on Wednesday, with 99.5% at 33500 yuan / ton and 99.8% at 35000 yuan / ton as of Friday.

Domestic market: the antimony ingot Market has remained stable this week. Influenced by international events, the export of antimony products is affected at present, and it is not optimistic about the future market. Domestic demand is mainly on the waiting list, and the demand slows down. Several major domestic manufacturers cut production and guaranteed prices. Under the double influence of demand and export, the price of antimony products is lower. As of Friday, the price of two low bismuth antimony ingots is 35500 yuan / ton, one antimony ingot is 36000 yuan / ton, and 0 antimony ingot is 37000 yuan / ton The average price of 2 × high bismuth antimony ingots is 33250 yuan / ton.

Industry: according to the price monitoring of the business association, in the 14th week of 2020 (4.6-4.10), there are 7 commodities in the price up and down list of bulk commodities in the non-ferrous sector, including 1 commodity with an increase of more than 5%, accounting for 4.5% of the number of commodities monitored in the sector; the top three commodities are silver (5.70%), nickel (4.44%) and copper (3.05%). There are 12 kinds of commodities falling on a month on month basis, and the top three products falling were silicon metal (- 3.06%), magnesium (- 2.33%) and praseodymium oxide (- 1.61%). This week’s average was 0.26%.

This week, there are only four trading days at home and abroad, showing a bottoming and rebounding trend. Smmi rose 2.36%. The world continues to take various easing measures to deal with the economic recession brought by the epidemic. OPEC meeting will reach an agreement on production reduction, and crude oil rebounded sharply, leading the rise of basic metals one after another.

3、 Future prospects

At present, the price of antimony ingot is close to the cost price. It is expected that the price will remain stable in the short term. In the long term, we need to pay attention to whether the domestic and foreign demand situation improves.

In April, the acetone market was greatly boosted by raw materials. According to the monitoring data of the business agency, the price of the acetone market in East China was 3700 yuan / ton on April 3, 4900 yuan / ton on April 10, 6000 yuan / ton on April 13, and the cumulative increase of the acetone market in East China was 62%; the price of the petrochemical manufacturers was 4300-4700 yuan / ton on April 10, 5400-6000 yuan on April 13/ Tons, up 27% a day.

Looking back on the market in April, the raw material pure benzene rose at the beginning of the month due to the sharp rise of crude oil. At present, the raw material propylene rose again due to the sharp rise of melt blown cloth raw material. The details are as follows:

First of all, the reduction of crude oil production is favorable for early release, and the raw material pure benzene after the Qingming Festival is up sharply.

1. Crude oil is the fuse of this round of rising market. On April 2, WTI and Brent recorded their biggest daily gains, both exceeding 25%, as Saudi Arabia and Russia are expected to reach production reduction agreements. In the following days, the oil price continued to fluctuate after surging. Until the end of the OPEC + special meeting on September 9, the production reduction was less than the market expectation. The oil price fell again, WTI was 22.76 yuan / barrel, down $2.33; Brent crude oil futures was 31.48 dollars / barrel, down $1.36. In the first half of April, oil prices rose 11.13%. Crude oil is the most upstream of the petrochemical industry chain, and there is no doubt about the impact of its price changes on the whole petrochemical industry chain.

2. Pure benzene is not only an important product of petroleum refining, but also an important basic raw material of petrochemical industry. The linkage between pure benzene and crude oil is very high. After the Qingming Festival, with the good news of crude oil production reduction, the price of pure benzene rose sharply in the atmosphere of petrochemical industry chain. According to the data of the business club’s bulk list, after the Qingming Festival, affected by the 25% rise in crude oil, the bottom reading of pure benzene rebounded, with a strong rise. On April 5, the price of pure benzene was 2250-2850 yuan / ton (average price: 2450 yuan / ton); on April 10, the price of pure benzene was 2850-3800 yuan / ton (average price: 3240 yuan / ton), an increase of 32.4%. It can be seen from the industrial chain of pure benzene acetone that the rising power of pure benzene is indispensable from April 3 to 10. According to the monitoring data of business agency, the acetone market in East China reported 3700 yuan / ton on April 3, and rose to 4900 yuan / ton on April 10, an increase of 32%.

3. Another important reason for the upward trend of this round is the expected low inventory of East China’s ports. According to the business agency, the inventory of East China’s ports on April 10 was 37000 tons, compared with 65000 tons of port inventory in the same period last year, the inventory of East China’s imported acetone ports was low. On April 10, some traders reported that 50% of acetone inventory in the port has been booked by downstream isopropanol factories. However, due to the impact of the epidemic abroad, the import shipping schedule is expected to significantly reduce in the middle and late April, so the overall import volume has also declined, and the supply of acetone in the domestic market has decreased.

Second, the raw material propylene soared 100% over the weekend, and acetone rose 27% again

1. Why does propylene soar? After the Qingming Festival, polypropylene (PP), the main downstream product of propylene, soared. Firstly, polypropylene fiber material entered the crazy level of RMB 10000 per day. Secondly, polypropylene (drawbench) rose from RMB 6383 / ton to RMB 8533 / ton from April 6-10, with an increase of 33.68%, which led to a sharp rise in the market of PP varieties. From the perspective of propylene polypropylene industry chain, polypropylene, which accounts for 70% of propylene market, rose sharply, Propylene is also on the rise. Taking Shandong market as an example, according to the monitoring data of business association, the price of enterprises in Shandong region generally increased by more than 1000 yuan / ton on April 12, up 35.02%. Some enterprises even increased by 5000 yuan / ton, up nearly 100%. The market transaction suddenly increased from 5000-5200 yuan / ton to 8000-12000 yuan / ton.

2. With the increase of propylene, the cost pressure of phenol ketone enterprises increases. The acetone market, which was in the situation of pushing up, took advantage of the rising trend of raw material propylene, and the acetone plant recorded the largest increase in a single day, with the next round of upward range far exceeding expectations. According to the monitoring data of the business association, on the 13th, acetone in North China (Yanshan Petrochemical and Zhongsha Tianjin) rose by 1000 yuan / ton, with an offer of 5400 yuan / ton, and that in East China (Shanghai Gaoqiao, Sinopec Mitsui and Yangzhou Shiyou) rose by 1000-1100 yuan / ton; the price of 1100 yuan / ton in East China acetone market was 6000 yuan / ton, which was far higher than expected.

Thirdly, the operating rate of the downstream disinfectant isopropanol plant remained high, and the demand for acetone continued to increase.

1. Due to the increasing demand of overseas disinfectant Market, the isopropanol market continues to soar. According to the monitoring of the business agency, on March 14, isopropanol offered 6025 yuan / ton, and on April 13, isopropanol offered 12333 yuan / ton, up 104.7% in the past month. At present, isopropanol in the U.S. continued to rise, while isopropanol in Europe ended stable and fell. From the perspective of China’s export price, the price of export to Europe remains high in the short term. As of the 13th day, the negotiation range of domestic regions is about 12500-13000 yuan / ton. According to the current international situation, the demand for disinfectant and other resources in the European market will remain high. From the perspective of export orders, the current export orders have been scheduled to the first ten days of May, and the current market is expected to continue to be good until June. Of course, we should continue to pay attention to the progress of overseas public events. If the inflection point does not appear until May, the overseas isopropanol procurement will continue or be postponed to August. Business analysts believe that the domestic price of isopropanol will remain high, and follow-up attention will be paid to the change of news.

2. From the perspective of the acetone isopropanol industrial chain, affected by the overseas epidemic, the demand for isopropanol continued to improve, the market offer remained high, the profit of isopropanol plant was considerable, the operating rate of isopropanol plant was at a historical high, and the demand for acetone increased unabated. On April 10, the market price calculated that the profit of isopropanol by acetone method was still 5000 yuan / ton, and on April 13, the price of isopropanol rose 1500 yuan / ton again, and the demand for acetone rose sharply under the slight tension of supply.

Finally, people in the chemical industry are in a good mood. Since the single day rise of crude oil in early April, it has brought opportunities to the energy and chemical industry and plastic industry, especially for the products under the petrochemical industry chain, such as grasping the life-saving straw to copy the bottom, pushing up against the trend, increasing the market activity, increasing the enquiries of aromatic hydrocarbon and other products traders, small and medium-sized trading enterprises to copy the bottom inventory, and terminal enterprises to balance the product profit space under the high price raw materials in the early stage and actively store the low price Price of raw materials, high market participation. Secondly, with the increasing demand for respirators and other anti epidemic materials, PP, as the raw material of respirators, started to drive the sharp rise of propylene. According to the price monitoring of the business agency, on April 13, 2020, there are 63 kinds of commodities in the list of rising and falling prices of bulk commodities, accounting for 30.58%, which are mainly concentrated in the chemical sector (26 kinds in total) and the steel sector (11 kinds in total), and the commodities with an increase of more than 5% are mainly concentrated in the chemical sector; they are propylene, respectively (58.56%), acetone (27.27%), propane (24.94%), propylene oxide (21.05%), PP (16.89%), butanol (industrial grade) (15.5%), polyester staple fiber (12.88%), phenol (11.85%), isopropanol (5.71%), pure benzene (5.54%), cyclohexanone (5.06%). On the 13th, commodities with flat prices accounted for 50.97% and commodities with declining prices accounted for 18.45%. The average rise and fall of 13 days was 1.13%, and the average rise and fall of the bulk market for 5 consecutive days was positive, with good market confidence.

To sum up, the raw materials of pure benzene and propylene have risen sharply. As the proportion of propylene in raw materials is far less than that of pure benzene, the cost side of phenol ketone plant increased little on the 13th, and the profit is still considerable. Under the support of both raw materials and demand, the acetone market is stable in the short term, or there is still a narrow upward space. From the perspective of acetone market, the upward trend in the later period may offset the profit brought by the increase of cost However, according to 75% of the operation of phenol ketone plant, the terminal demand of phenol Market is not optimistic, and the phenol Market is expected to decline. Overall, the profit of phenol ketone plant in the later period depends on the phenol Market. According to the analysts in the chemical industry of business society, many chemical enterprises need to reduce the operating rate or shut down under the current soaring raw materials. The current demand in the terminal market is far less than expected. The downstream factories will inevitably resist the high price raw materials, and it is also an inevitable trend that propylene will return to the rational price range in the later period. Once the price of raw materials falls, phenol will be affected by the rational callback, but acetone will face the supply If two-way benefits are needed, the price may remain high in the short term.

1、 Price trend

According to the price monitoring of the business agency, the average ex factory price of the mainstream manufacturers on April 13 was 22333.33 yuan / ton, compared with 22500 yuan / ton on April 6, down 0.74% in 7 days. On April 12, the R134a commodity index was 82.32, flat with yesterday, down 17.68% from the highest point in the cycle of 100.00 (2019-09-02), and up 1.50% from the lowest point of 81.10 on March 4, 2020. (Note: cycle refers to 2019-09-01 till now)

2、 Market analysis

Product: this week, R134a market of refrigerant market is stable, middle and low. In the near future, the terminal demand of refrigerant R134a is general, and there are few new orders, so the focus of market transaction is explored. On the demand side, the time for ordering in advance in the after-sales maintenance market is coming to an end. The automotive industry has not fully recovered its production capacity, and the demand for refrigerant R134a is not high. At the same time, the trend of hydrofluoric acid at the end of raw material is declining, which is bad for refrigerant R134a. On the whole, it is difficult to boost the demand end of refrigerant R134a in a short period of time, and the support force at the raw material end is weakened, so the market may continue to weaken. According to the price monitoring of the business agency, as of April 13, the market price of refrigerant R134a was concentrated around 21000 yuan / ton – 22000 yuan / ton.

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

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

3、 Future forecast

The refrigerant analyst of the business club thinks that: at present, the demand side of refrigerant R134a is difficult to improve, the support of the raw material side is weak, and the market of refrigerant R134a is expected to be further explored in the short term.

Commodity index: on April 9, the polyacrylamide commodity index was 92.08, unchanged from yesterday, down 14.05% from 107.13 (2019-05-08), the highest point in the cycle, and up 2.04% from 90.24, the lowest point on March 30, 2020. (Note: cycle refers to 2019-04-01 till now)

Price: according to the monitoring data of business agency (100ppi. Com), on April 30, 2020, the mainstream price of polyacrylamide (cation) market is about 14800-16000 yuan / ton, and the mainstream price of polyacrylamide (anion) market is about 8000-11500 yuan / ton.

Industrial chain:

Upstream: from January to April 2020, the mainstream price of acrylonitrile in the domestic market continued to decrease. At the beginning of January, the quotation was about 11200 yuan / ton, which was reduced by 100 yuan / ton for many times; in the middle of the year, the quotation continued to decline slightly, which was reduced by 50 yuan / ton to 10650 yuan / ton for three times; by the end of the decade, the decline had been about 4000 yuan / ton, with a fluctuation of about 20%; on February 21, the mainstream price was about 9500 yuan / ton, decreased by 200 yuan / ton on 24, decreased by 300 yuan / ton on 27, and decreased by 150 yuan / ton to 8850 yuan / ton on 28 , 1750-1800 yuan / ton lower than before, about 17% lower; in March, acrylonitrile continued to decrease, to 8100 yuan / ton on the 10th, 8000 yuan / ton on the 25th, to 100 yuan / ton on the 26th, to 50 yuan / ton on the 30th, to 7800 yuan / ton on the 31st, and to 1000 yuan / ton that month. In April, the price of acrylonitrile did not stop falling back. The quotation on the first day of the current month was 7450 yuan / ton, down about 4.5% compared with the quotation at the end of March. On the second day, it dropped 150 yuan / ton to 7300 yuan / ton, and on the third day, it dropped 150 yuan / ton to 7150 yuan / ton. On the first day (7 days) after the Qingming holiday, it was 6800 yuan / ton, down 350 yuan / ton. On the eighth day, it was 6650 yuan / ton, on the ninth day, it was 6500 yuan / ton, and on the tenth day, it was 6400 yuan / ton It’s amazing how fast and how large it is! In the first ten days of April, the decline of acrylonitrile exceeded 17.9%, with a total decline of about 1400 yuan / ton.

Downstream: at present, the downstream water treatment project construction enterprises have a lot of project negotiations, but the implementation is still slow, and the demand for raw materials has been restored.

Manufacturer: the production situation of the manufacturer is good, the inventory is high, the consumption is in progress, the current downstream demand is limited, and the raw material cost continues to decrease.

Industry: during the Spring Festival holiday in January 2020 to February 20, the relevant enterprises in the main production area stop production and delay to return to work. After February 20, the manufacturers in the main production area returned to work. At present, the logistics in March is back to normal, and the inventory is in constant consumption. It is reported that the logistics cost in some regions has increased since, and the quotation has increased during the period of less vehicle return to work due to the delay in construction, etc., but the transportation cost has been reduced after most logistics enterprises go to work in the near future; in April, the downstream construction is still recovering gradually, and the demand still needs to be recovered in time.

Aftermarket forecast: according to the analysis of business agency, the price of upstream raw material acrylonitrile was lowered by 1400 yuan / ton again in the first ten days of this month, and the cost of polyacrylamide was greatly reduced. Under the current situation of weak demand, the inventory is high, and the manufacturer’s price is still possible to be lowered. It is expected that the market price of Polyacrylamide in the future will remain stable and weak.

1、 Price trend

According to the data monitored by the business association (average ex factory price of SG5 in carbide process), the average price of domestic PVC mainstream on April 7 was 5500 yuan / ton, up 2.54% compared with the previous day, and down 15.43% compared with the same period last year. On April 7, the PVC commodity index was 70.33, up 1.75 points from yesterday, down 29.67% from the cycle’s highest point of 100.00 (2011-09-05), and up 20.70% from the lowest point of 58.27 on December 20, 2015. (Note: cycle refers to 2011-09-01 to now)

2、 Market analysis

Products: the return of Qingming holiday, the domestic PVC market ushered in a wave of rising market. Recently, PVC futures rose sharply, driving spot prices up. In the first quarter of this year, the PVC market was not good, the price continued to go down, the profits of the enterprises decreased sharply, the mentality of the operators was not positive, and the wait-and-see mentality was strong. In April, PVC enterprises gradually entered the state of maintenance in spring, the market output decreased, the social inventory decreased, and the supply side improved PVC. On July 7, PVC prices rose to varying degrees, and some manufacturers closed their bids without reporting. In the psychology of buying up and not buying down, the enthusiasm of downstream purchasing increased. The overall trading atmosphere of the market improved, the sales pressure was relieved to a certain extent, and the price fixing psychology of production enterprises was obvious. Finally, PVC market ushered in the long-term rising trend. However, at present, the market supply is still slightly loose, domestic terminal demand is not large, and foreign export orders are reduced. Whether PVC can continue to rise in the future depends on the recovery of demand side. According to the data monitoring of the business agency, as of April 7, the main quotation range of domestic PVC is around 5350-5750 yuan / ton. At present, the mainstream price of pvc5 carbide in Changzhou is around 5450-5550 yuan / ton, the interval price of pvc5 carbide in Hangzhou is about 5430-5530 yuan / ton, the mainstream price of PVC ordinary carbide in Guangzhou is around 5500-5530 yuan / ton, and the real deal can be negotiated.

Futures: PVC contract opened high in 2009 and continued to rise. On July 7, the opening price was 5405 yuan / ton, the highest was 5495 yuan / ton, the lowest was 5390 yuan / ton, and the closing price was 5490 yuan / ton, up 185 yuan / ton, or 3.49% compared with the previous transaction. The trading volume decreased to 185067 hands, and the position increased by 6660 hands to 185225 hands.

Import and export: according to the latest data released by the customs, from January to February 2020, China imported 89200 tons of PVC powder and exported 61700 tons of PVC powder. In total, the import volume of 99500 tons from January to February 2019 decreased by 10300 tons or 10.35%; the export volume of 93800 tons from January to February 2019 decreased by 32100 tons or 34.22%.

Industry chain: on April 2, WTI crude oil futures market prices in the United States rose sharply, with main contracts at 25.32 yuan / barrel, up $5.01. Brent crude oil futures market prices rose sharply, the main contract at $29.94/barrel, up $5.20. WTI and Brent recorded the biggest daily gains, both exceeding 25%. According to the business community, global demand is still the decisive factor restricting oil prices. The prevalence of public health events may lead to a sharp contraction of economic activities, which cannot support the price of ethylene, so analysts of business data expect that the price of ethylene will keep a narrow decline in the future. In terms of carbide, the recent ex factory price of carbide in Northwest China may fluctuate slightly: the manufacturer’s quotation is about 2600-2700 yuan / ton.

Industry: according to the price monitoring of the business agency, on April 7, 2020, there are 7 commodities in the list of commodity price rise and fall in the rubber and plastic sector, with PET (4.90%), PP (4.44%) and PVC (2.54%) as the top three commodities. There are two kinds of commodities falling on a month on month basis, PC (- 3.19%) and PS (- 0.44%) respectively. The average price of this day is 0.69%.

3、 Future forecast

PVC analysts of the business club believe that: at present, PVC futures are rising, the spot market is rising, and some enterprises are entering the spring inspection, with the support of the supply side, it is expected that PVC trend will be stronger in the short term, and there is further expectation of rising.

1、 Price trend

According to the price monitoring of business society, the average price of mainstream manufacturers on April 3rd was 14333.33 yuan / ton, 6.52% lower than the average price of 15333.33 yuan / ton at the beginning of the week (30 days), and the market fell this week.

2、 Market analysis

Product: the market for salicylic acid fell this week. In the near future, the raw material end has been lowered, and the salicylic acid market has been further explored. Due to the public security incidents abroad, the export of salicylic acid has been reduced by about 3-50%, the domestic market is still fair, and the shipment is gradually smooth. As of April 3, the industrial price of chemical salicylic acid in Maoyuan, Zhenjiang is about 15000 yuan / ton, the pharmaceutical price is 20000 yuan / ton, and the sublimation price is 20000 yuan / ton. The industrial price of salicylic acid in Hebei Jingye chemical industry is about 13000 yuan / ton, the pharmaceutical price is 28000 yuan / ton, and the sublimation price is 19000 yuan / ton. The industrial price of salicylic acid in Shandong Longxin pharmaceutical industry is about 14000 yuan / ton, the factory price of pharmaceutical grade is about 25000 yuan / ton, the factory price of sublimation grade is about 18000 yuan / ton, and the factory price of methyl salicylate is about 24000 yuan / ton. Shandong new hualongxin salicylic acid industrial level reference price is about 15000 yuan / ton, medical level reference price is 24000 yuan / ton, sublimation level reference price is 18000 yuan / ton, and the actual transaction is mainly based on negotiation, with large quantity being preferred.

Industrial chain: after the collapse of crude oil in March, the phenol Market as a petrochemical product entered a period of sharp decline, and the impact of overseas public events continued to intensify. There was no substantial positive progress after the collapse of crude oil, and petrochemical products will continue to explore in the short term. From the cost point of view, the profit of 3300 yuan / ton pure benzene compared with phenol is fair, and the acetone market of the same unit is affected by the demand for downstream isopropanol In the short term, phenol and ketone plant’s profit is relatively good, and phenol recovery in the short term does not exist. In the near future, we will continue to pay attention to the price adjustment trend of petrochemical plants. Phenol analysts of the business agency believe that phenol will continue to explore the bottom under the condition of low demand and full of negative air. The short-term forecast is 5500 yuan / ton, or the market situation will gradually become clear in mid April.

3、 Future forecast

According to the salicylic acid analyst of the business agency, in the near future, the starting rate of the salicylic acid market is good, the raw materials in the early stage of the upstream are declining, the price of the salicylic acid manufacturer is lowered, the market transaction atmosphere is fair, the export situation is not good, the shipping is temporarily blocked, and it is expected that the salicylic acid will not fluctuate much in the short term, or it will show a stable trend

According to the monitoring data of the business agency, on March 1, 2020, the reference price of 85% formic acid purified water was 1950 yuan / ton. As of March 31, the reference price was 2350 yuan / ton, and the price rose by 20.51% in October. In October, the formic acid market showed an overall upward trend.

2、 Market analysis

Products: in March, the domestic industrial grade formic acid market rose as a whole, and the market gradually improved. In the first ten days of March, due to the impact of the epidemic, the formic acid market was temporarily in the non start state, and the dealers and manufacturers’ external quotation prices remained stable, most of which were in a wait-and-see state. In the middle of March, the formic acid market changed from stable to rising, and the overall formic acid market price showed a trend of fluctuation and rising. The inventory of some enterprises was tight, and the dealers and manufacturers slightly increased their quotations, with an increase of 50-300 yuan / ton. Formic acid Market Prices are high. In the last ten days of March, the rising trend has not been changed, and the price of enterprises has been raised by different degrees, but most of them have risen to around 2350 yuan / ton. The manufacturer’s output is less, the market supply is in short supply, and some dealers report that the inventory is not sufficient. At present, the formic acid market has risen steadily, and some of them are still in a rising mentality. The market supply is tight, which has a good support for the formic acid market.

Industrial chain: the domestic liquid ammonia Market of the upstream products of formic acid fluctuated in March, and the overall price rose and fell with each other, ranging from 50-300 yuan / ton; the domestic caustic soda market also showed a stable trend in October, and most of the downstream products were purchased on demand. The upstream raw material support is good, and the downstream leather and pesticide industry demand is normal.

3、 Future forecast

According to the formic acid analyst of the business agency, the domestic formic acid market is in good condition at present, the raw materials support the formic acid market well, and the market supply is still in short supply. Under the condition of unchanged supply, the market price of formic acid may remain high in April.

1、 Price trend

According to the data of the business club’s bulk list, the market price of cryolite this week was weak. The average market price in Henan was 5833.33 yuan / ton in the week, down 1.13% from Monday’s 5900.00 yuan / ton, down 8.38% from the same period last year..

2、 Market analysis

Products: according to statistics, the price trend of cryolite has been slightly reduced. As of the 27th, the factory price of cryolite in Shandong Province is about 6000-6950 yuan / ton; the factory price of cryolite in Henan Province is 4800-6700 yuan / ton, 200 yuan / ton lower than last week. At present, the operation of cryolite enterprises in Henan Province is normal, the inventory is sufficient, the quotation of manufacturers is mainly stable, and there is no obvious fluctuation. The upstream raw materials are in short supply, and the downstream demand is weak. Most of the manufacturers focus on digesting inventory, and the users purchase on demand. The stalemate pattern will continue, and the market has poor enthusiasm for trading. It is expected that the price of cryolite will be stable in the short term.

Industry chain: the price trend of fluorite in the upstream of this week slightly declined. The average price in the domestic market at the weekend was 3355.56 yuan / ton, down 1.31% in the week. In recent years, the operation rate of fluorite plant in China has increased. The mine and flotation plant in the site have been resumed gradually. The supply of fluorite in the site has increased. Due to the increase of the supply of fluorite in the site, the price of fluorite has decreased slightly. In the downstream aluminum industry, the risk of excess capacity still exists, and the downstream consumption is not optimistic. The accumulation rate of electrolytic aluminum slowed down, and the cost support began to penetrate. The operation time of low aluminum price is continuous, and the scale of production reduction and maintenance capacity is on the rise. Aluminum prices rose this week, with the market average price at 11533.33 yuan / ton at the weekend, up 2.70% from 11230.00 yuan / ton at the beginning of the week.

3、 Future forecast

According to the cryolite product analyst of the business association, at present, the upstream electrolytic aluminum plant’s maintenance and production reduction due to the epidemic situation involves expansion of production capacity, reduction of purchase demand and strong willingness to reduce price. From the perspective of supply and demand performance of cryolite market, the manufacturer starts normal, has sufficient inventory, and the downstream side is inclined to purchase on demand. It is expected that the cryolite market will maintain stability temporarily in the later period, with specific attention to market demand.

1、 Price trend

In March 2020, the domestic antimony ingot market fell at the end of the month, with an average price of 42125 yuan / ton at the beginning of the month and 38125 yuan / ton at the end of the month, down 9.5%.

On March 30, the antimony commodity index was 53.07, unchanged from yesterday, down 48.13% from 102.32 (2012-10-16), the highest point in the cycle, and up 12.96% from 46.98, the lowest point on December 24, 2015. (Note: cycle refers to 2012-09-08 to now).

2、 Market analysis

Upstream and downstream: the price of antimony trioxide in this month is lower along with the price of antimony ingot. As of 31, 99.5% is 34500 yuan / ton, with a monthly drop of 2500 yuan / ton; 99.8% is 36000 yuan / ton, with a monthly drop of 3500 yuan / ton.

Domestic market: the antimony ingot market continues to decline this month. At the beginning of this month, due to the fact that the market in Hunan still hasn’t recovered. In the process of enterprises returning to work gradually, the manufacturers’ reluctance to sell was mainly affected by international events. The antimony ingot Market remained stable. After 10 days, the export of antimony products was dragged down. The domestic demand was suspended. The main domestic manufacturers had plans to reduce production. Under the double influence of demand and export, the price of antimony products fell, and the price side was determined As of the 31st, the average price of 2 × low bismuth antimony ingots was 36500 yuan / ton, 1 × antimony ingots 37000 yuan / ton, 0 × antimony ingots 38000 yuan / ton, and 2 × high bismuth antimony ingots 34000 yuan / ton, down 1500-2000 yuan / ton.

3、 Future prospects

In April, the domestic situation has been further controlled, and the market expectation for consumption in April is warmer, but the overseas market is still relatively serious, the market risk is dependent, the domestic falling resistance is still stronger than the external market, and the ratio of some products will continue to be repaired.