According to statistics, the price trend of hydrofluoric acid in China this week is temporarily stable. As of the end of the week, the price is 11500 yuan / ton, which is temporarily stable compared with 11500 yuan / ton at the beginning of the week, up 6.73% year on year.

Products: this week, the price trend of hydrofluoric acid is temporarily stable. In the near future, the situation of on-site manufacturers’ delivery has improved. Some on-site manufacturers have not resumed production. The domestic spot supply of hydrofluoric acid is normal, the purchase demand has increased, and the market price trend of hydrofluoric acid is temporarily stable. In the near future, the price of raw material fluorite remains high. The market price of hydrofluoric acid has been supported to a certain extent, and the price trend of domestic hydrofluoric acid remains high, By the end of the weekend, the mainstream of hydrofluoric acid negotiation in the South was 11000-12000 yuan / ton, and the price of hydrofluoric acid in the north market was 10500-11500 yuan / ton. In the near future, the domestic market price of hydrofluoric acid has been temporarily stable. In the near future, the demand of downstream refrigerant industry is general, and the delivery orders of hydrofluoric acid manufacturers have increased. Some manufacturers report that the price is temporarily stable in the near future. By the end of the week, the mainstream of domestic hydrofluoric acid negotiation in Fujian was about 11000-11500 yuan / ton, the price of hydrofluoric acid in Shandong was 11000-11500 yuan / ton, the price of hydrofluoric acid in Jiangxi was 11000-12000 yuan / ton, the price of hydrofluoric acid in Inner Mongolia was 10500-11500 yuan / ton, and the market price trend of hydrofluoric acid was temporarily stable.

Industry chain: the price of fluorite in the upstream of hydrofluoric acid remained high this week. By the end of the week, the ex factory price of fluorite was 3400 yuan / ton. The supply of fluorite in China was tight, and the price of fluorite was stable. The high price of upstream cost had a certain impact on the cost support of hydrofluoric acid market. In the near future, some manufacturers still haven’t resumed production. The supply of fluorite in China was very tight, and the price of fluorite remained high. In the near future, the transaction market of downstream refrigerants of the terminal has increased. At present, the automobile industry is gradually back to work. The supply of R22 in China is tight. The price trend of domestic refrigerants R22 market is rising slightly. The starting load of the manufacturer’s production units is still not high. The supply of goods in the market is general. The downstream air-conditioning manufacturers stop more and the demand changes little. The price mainstream of domestic large enterprises rises to 16500-1850 0 yuan / ton. The price trend of R134a market in China has increased slightly, and the unit operation rate of production enterprises has increased slightly. At present, the downstream operation is not high, and the demand for R134a is general. Recently, the stock of downstream industry has increased, and the price has increased slightly. The downstream is still on-demand procurement, and the price trend of hydrofluoric acid market remains high.

Industry: this week, the upstream raw materials fluorite and hydrofluoric acid market spot supply is tight, coupled with the downstream refrigerant industry on-demand procurement, hydrofluoric acid market price trend remains high.

In the near future, the operation rate of domestic refrigerant units has increased. For the demand of hydrofluoric acid market, the demand for hydrofluoric acid is on demand. The spot supply of hydrofluoric acid in the field is tight. In addition, the supply of raw materials in the near future is limited, and the cost price has been supported to some extent. Chen Ling, an analyst of hydrofluoric acid in the business association, thinks that the market price of hydrofluoric acid will fluctuate at a high level next week.

1、 Price trend

According to the data in the bulk list of business agencies, the average ex factory price of powdered monoammonium was 1993 yuan / ton on March 1, 2116 yuan / ton on March 15, with a half month price increase of 6.19%. On March 15, the monoammonium phosphate commodity index was 70.85, unchanged from yesterday, down 29.74% from the highest point in the cycle of 100.84 (2011-09-13), and up 14.11% from the lowest point of 62.09 on September 19, 2017. (Note: cycle refers to 2011-09-01 to now)

According to the data in the business club’s large list, on March 1, the average ex factory price of 64% diammonium was 2200 yuan / ton, and on March 15, the average ex factory price of 64% diammonium was 2250 yuan / ton, up 1.02%. On March 15, DAP commodity index was 66.00, unchanged from yesterday, down 35.91% from 102.98 (2011-10-08), the highest point in the cycle, and up 0.58% from 65.62, the lowest point on March 4, 2020. (Note: cycle refers to 2011-09-01 to now)

2、 Market analysis

Monoammonium: in March, the price of monoammonium phosphate rose sharply. At present, the return rate of enterprises is 62%. The factory quotation of 55% powdered ammonium in Anhui Province is about 2000 yuan / ton, and the commencement is stable. In Hubei Province, the ex factory price of 55% powdered ammonium is about 1950-2000 yuan / ton, and that of 60% mainstream powdered ammonium is 2150-2200 yuan / ton. The market in Henan Province has maintained stable operation, and 55% of ammonium powder has been quoted about 2000 yuan / ton, with stable start-up. The price of 55% powdered ammonium in Shandong Province is 2100-2150 yuan / ton, which is stable. The ex factory quotation of 55% powdered ammonium in Sichuan is about 1950-2000 yuan / ton.

Diammonium: in March, the price of diammonium phosphate rose, and Hubei enterprises resumed production one after another. At present, the enterprise’s resumption rate is 61%. At present, 64% of main diammonium in Hubei Province offers 2200-2250 yuan / ton, 64% of main diammonium in Shandong Province 2500 yuan / ton, 64% of main diammonium in Yunnan Guizhou Province 2450-2500 yuan / ton, and 64% of main diammonium in Anhui Province 2200-2250 yuan / ton. The price of arriving station in Heilongjiang is 2500-2550 yuan / ton.

Industrial chain: the start of fertilizer spring ploughing and the start of terminal demand are imminent. The price of Monoammonium, compound fertilizer and urea is rising, which is hindered by logistics transportation. The recovery of downstream production led to the improvement of sulfur demand. Since March, the domestic liquid ammonia market has continued to rebound, especially in the northern region, leading the increase. The domestic phosphorus ore market saw the first small increase in the beginning of the year, with more mines returning to work and production increasing, and production gradually increasing. Some mines have been fully started, and production and sales gradually normalized. In the spring, the demand for phosphate fertilizer and other products increased, coupled with the overall recovery of logistics base, and the sales volume of phosphate ore market further improved, so the early inventory was digested.

Industry: > according to the price monitoring of business agencies, in the 10th week of 2020 (3.9-3.13), there are 11 kinds of commodities rising month by month in the list of commodity prices in the chemical industry sector, among which there are 3 kinds of commodities rising by more than 5%, accounting for 3.4% of the number of commodities monitored in the sector; the top 3 commodities are ammonium chloride (17.14%), liquid ammonia (11.43%) and sulfur (7.18%). There are 40 kinds of commodities falling on a month on month basis, 14 kinds of commodities falling by more than 5%, accounting for 16.1% of the number of commodities monitored in this sector; the top three products falling are PX (- 11.29%), ox (- 10.71%), acetone (- 10.26%). This week’s average was – 1.5%.

3、 Future forecast

Analysts of business association ammonium phosphate think that at present, the fertilizer market is in the peak season of sales, the prices of raw sulfur and liquid ammonia continue to rise, and the demand in the downstream is increasing, resulting in the rising price of ammonium phosphate due to multiple advantages. Due to the increase of demand, it is expected that the hot market of ammonium phosphate will continue in the later period, and the price will rise mainly during the stable period.

1、 Price trend

The market for propylene oxide fell this week, according to the data in the bulk list of business agencies. As of March 13, the average price of propylene oxide enterprises was 8433.33 yuan / ton, down 3.44% compared with the beginning of the week and 16.78% compared with January 1.

2、 Analysis of influencing factors

Product: propylene oxide market fell this week. The price of raw propylene fell, the cost side was not enough, some of the lower reaches of the market were in low demand, and the fluctuation of crude oil had a certain impact on the purchasing mentality, and the market wait-and-see mood increased. On the 13th, the cash delivery price in Shandong mainstream market of Wanhua chemical was 8500 yuan / ton. On the 13th, the main quotation of propylene oxide Market in East China was around 8500-8700 yuan / ton, that in Shandong was around 8200-8400 yuan / ton, and that in Northeast China was around 8300-8350 yuan / ton.

Industry chain: the market price of propylene in Shandong region in the upstream (3.9-3.13) fell by 6.60% this week. On the 13th, the market turnover was 6100-6650 yuan / ton, and the mainstream price was 6100-6150 yuan / ton. Influenced by the OPEC meeting a few days ago, international crude oil plummeted continuously. Influenced by the hope of economic stimulus plan and the reduction of US producers’ spending on the 10th, American crude oil jumped 8% again. On the 11th, international crude oil fell slightly, and on the 12th, crude oil fell sharply again. Due to the low production and inventory before propylene, the decline in the early stage is not significant, but the crude oil price fluctuates greatly. It is expected that the propylene price will be affected by crude oil in the later stage, showing a significant downward trend. On the 13th, the overall trading increment of downstream soft foam polyether was limited, with a strong wait-and-see atmosphere. Hard foam polyether market weak wait-and-see, on-site trading atmosphere flat.

Industry: according to the price monitoring of the business agency, in the 10th week of 2020 (3.9-3.13), there are 11 kinds of commodities rising month by month in the list of commodity prices in the chemical industry sector, among which there are 3 kinds of commodities rising by more than 5%, accounting for 3.4% of the number of commodities monitored in the sector; the top 3 commodities are ammonium chloride (17.14%), liquid ammonia (11.43%) and sulfur (7.18%). There are 40 kinds of commodities falling on a month on month basis, 14 kinds of commodities falling by more than 5%, accounting for 16.1% of the number of commodities monitored in this sector; the top three products falling are PX (- 11.29%), ox (- 10.71%), acetone (- 10.26%).

3、 Future forecast:

According to the propylene oxide analyst of the business club, in the near future, the raw material propylene is in weak operation, the cost support is weakened, the follow-up of new downstream polyether orders is limited, the follow-up power for propylene oxide consumption is insufficient, and there is a strong wait-and-see atmosphere in the field. It is expected that in the short term, the epoxy market will be dominated by weak finishing and operation, and more attention should be paid to the change of raw material price and downstream demand.

1、 Price trend

On March 13, the coke commodity index was 84.69, unchanged from yesterday, down 37.29% from 135.04 (2018-09-13), the highest point in the cycle, and up 144.42% from 34.65, the lowest point on March 3, 2016. (Note: cycle refers to 2011-09-01 to now).

2、 Trend analysis

Price: according to the data monitoring of business agency, the price of domestic coke market will be lowered this week. As of Friday, the mainstream price of secondary metallurgical coke in Shanghai is 1780 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1840 yuan / ton; the mainstream price of secondary metallurgical coke in Xuzhou is 1750 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1820 yuan / ton; the mainstream price of secondary metallurgical coke in Weifang, Shandong Province is 1740 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1800 yuan / ton; the mainstream price of secondary metallurgical coke in Taiyuan, Shanxi Province is 1640 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1820 yuan / ton The mainstream price of primary metallurgical coke is 1690 yuan / ton; the mainstream price of secondary metallurgical coke in Mudanjiang, Heilongjiang Province is 1680 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1740 yuan / ton; the mainstream price of secondary metallurgical coke in Shenyang, Liaoning Province is 1710 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1770 yuan / ton; the mainstream price of secondary metallurgical coke in Pingdingshan, Henan Province is 1800 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1900 yuan / ton; Hebei Province The mainstream price of secondary metallurgical coke in Tangshan is 1730 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1780 yuan / ton; the mainstream price of secondary metallurgical coke in Tianjin is 1750 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1850 yuan / ton; the mainstream price of secondary metallurgical coke in Panzhihua coke market in Sichuan is 1880 yuan / ton; the mainstream price of secondary metallurgical coke in Liupanshui coke market in Guizhou is 1970 yuan / ton; the mainstream price of Ordos coke market The main price of secondary metallurgical coke is 1400 yuan / ton. The port trades about 2050 yuan / ton of primary metallurgical coke, 1950 yuan / ton of quasi primary metallurgical coke and 1850 yuan / ton of secondary metallurgical coke.

Products: the price of domestic coke market fell this week, the enterprise mentality was poor, the market sentiment was poor, supply: the main production area of Shanxi Province has a high operating rate, the market supply is sufficient, but the recent delivery of coking enterprises is general. Downstream: the profit of the downstream steel plant is slightly higher than that of the earlier stage, but the purchase of coke is slightly slow and the demand is relatively soft. As for coking coal, the recent market trend is soft, the supply is sufficient, and the delivery situation is general. Some manufacturers have certain inventory. Up to now, the main quotation of quasi primary wet quenching coke in Shanxi Province is between 1600-1650 yuan / ton. In terms of ports, coking enterprises have transformed their stocks into ports. At present, the price of quasi first-class metallurgical coke in port areas has dropped to 1750 yuan / ton.

3、 Future forecast

The coke analysts of business club believe that the sufficient supply of Coke will last for a period of time in the short term, but because the demand side has not been better improved, the coke price is mainly weak consolidation.

1、 Price trend

Market analysis of potash products

According to the data monitored by the business agency, the average factory price including tax of domestic light potash at the beginning of the month was 6337.50 yuan / ton, and the average factory price including tax of domestic light potash at the end of the month was 6375.00 yuan / ton, an increase of 0.59%. The current price dropped by 7.44% year on year.

2、 Analysis of influencing factors

Products: the market of potassium carbonate rose slightly in February. Due to the impact of the epidemic, the enterprises of potassium carbonate were resumed in mid February. Now, Wentong potash Group Co., Ltd., Wenshui Zhenxing chemical fertilizer Co., Ltd., Jiaocheng Hesheng Chemical Co., Ltd. and Wenshui Zhenfeng Agricultural Material Co., Ltd. have resumed construction, and Taiyuan xinyufeng chemical plant has not yet resumed construction. However, the supply of potash market is still at a low level, and the actual volume of trade in the market is relatively general. The upstream market price of potassium chloride is slightly higher. The recent shipment situation is better, and the transportation resistance has eased. Downstream purchase volume to bargain for a small amount of replenishment, domestic potash market rose slightly. According to the statistics of the business agency: in February, the main quotation range of domestic industrial potassium carbonate is about 6200-6600 yuan / ton (the quotation is only for reference), and the quotation varies according to the purchase situation.

3、 Future forecast

According to analysts of potash of the business association, the recent consolidation of potash market is the main trend. In March, all enterprises are expected to return to work, and the market supply is about to rise. In the short term, the price of potash may be mainly consolidation, while the long-term market still needs to wait and see.

1、 Price trend

Business agency: the market price of MTBE fell sharply in February

According to the data of the business agency, the market price of MTBE fell sharply in February. At the end of January, the price of MTBE was 4433 yuan / ton, down 2.48% from 5250 yuan / ton at the beginning of the month.

2、 Market analysis

Product: affected by China’s epidemic situation in February, the demand of gasoline market dropped precipitously, and the price of domestic gasoline market fell 8.02% in February, and the price of MTBE market fell sharply.

Industry chain: in February, affected by the epidemic situation in China, the demand of refined oil market dropped precipitously. In the late ten days, with the increase of enterprises returning to work, the gasoline market rebounded slightly, but the overall gasoline market was in a downward trend.

Market: affected by the epidemic, the logistics restrictions on people’s travel are still strict. At the same time, the consumption demand of gasoline terminals has fallen precipitously, and the inventory pressure of refineries is large. Similarly, it is difficult for MTBE manufacturers to ship goods, and the market price keeps declining. In the late ten days, although the number of enterprises returning to work increased, the recovery of gasoline terminal consumption was slow. At the same time, the international oil price entered a deep decline state, and the market industry’s market intention was obviously negative. Although MTBE manufacturers cut prices sharply and promoted sales, the overall market volume was still at a low level. In February, MTBE market price was in a declining trend, with limited rebound.

3、 Future forecast

MTBE product analyst of energy branch of business society thinks that: domestic enterprises will resume work step by step, and the market demand of refined oil products cannot be in place in one step. The refinery’s gasoline delivery is not smooth, and the new purchase demand for gasoline raw materials is limited. It is expected that MTBE manufacturers will maintain a low price level in order to relieve inventory pressure.

1、 Price trend

February 28 antimony commodity index was 58.64, flat with yesterday, down 42.69% from 102.32 (2012-10-16), the highest point in the cycle, and up 24.82% 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: on Wednesday, the price of antimony oxide partially fell. As of Friday, the average price of antimony oxide was 99.5% at 37000 yuan / ton, down 500 yuan / ton compared with last week, and 99.8% at 39500 yuan / ton, maintaining stability.

Domestic market: this week’s antimony ingot Market is relatively stable. After the sharp rise in the first half of the month, the price of this week is relatively stable. The main domestic manufacturers are gradually back to work this week, but there is still a process for production recovery. At present, the enterprises are mainly limited in sales, and the price is up to Friday 2 × low bismuth antimony ingot: 41000 yuan / ton, 1 × antimony ingot: 41500 yuan / ton, 0 × antimony ingot: 42500 yuan / ton, up 2000 yuan / ton compared with last week. The average price of 2 × high bismuth antimony ingots is 36500 yuan / ton.

Major domestic events:

National Bureau of Statistics: according to preliminary accounting, the annual GDP in 2019 increased by 6.1% over the previous year: according to the statement released on its official website on the morning of the 28th day of the National Bureau of statistics, the annual GDP in 2019 was 99086.5 billion yuan, an increase of 6.1% over the previous year. Among them, the added value of the primary industry is 7046.7 billion yuan, an increase of 3.1%; the added value of the secondary industry is 38616.5 billion yuan, an increase of 5.7%; the added value of the tertiary industry is 53423.3 billion yuan, an increase of 6.9%. The added value of the primary industry accounts for 7.1% of the GDP, the added value of the secondary industry accounts for 39.0%, and the added value of the tertiary industry accounts for 53.9%.

China’s official manufacturing PMI in February: 35.7 predicted value: 46; top value: 50. In February, the comprehensive PMI output index was 28.9%, 24.1 percentage points lower than last month, indicating that the overall production and operation activities of Chinese enterprises slowed down. At the same time, the survey results show that with the overall promotion of epidemic prevention and control and economic and social development by the Party Central Committee and the State Council, the recovery rate of enterprises is picking up rapidly, and production and operation activities are recovering in an orderly manner. It is expected that China’s purchasing manager index will improve in March.

Two ministries and commissions: to prevent the prices of steel, coal and other fields from rising sharply due to the centralized resumption of production: the national development and Reform Commission and the Ministry of Civil Affairs issued the notice on giving full play to the role of industry associations and chambers of Commerce to support the resumption of production of private small and medium-sized enterprises. According to the notice, associations and chambers of Commerce in the field of labor-intensive industries should timely report the employment situation and employment difficulties of the industry to local governments or relevant departments, coordinate the implementation of rescue and rescue policies, and ease the labor shortage and employment difficulties caused by the impact of the epidemic. Associations and chambers of Commerce in industries such as steel, coal, electricity, oil, natural gas and basic raw materials should advocate stable supply and price of member enterprises, so as to prevent regional and time-based shortages or sharp price increases caused by centralized resumption of production.

Industry: the global epidemic spreading crisis has raised the market’s worries about the economic downturn. The global stock market has plummeted, and the risk aversion mood has made gold reach a new high, the bulk commodities have been sold down, and the basic metals at home and abroad have fallen sharply.

3、 Future prospects

From next week to March, the domestic epidemic situation has improved, the return rate of enterprises has increased, and the capital pressure of enterprises at the beginning of the month has eased. However, at present, the spread of the epidemic in the world has increased, global investors are worried that it is difficult to calm down, the selling strength of bulk commodities has not decreased, and domestic metals are afraid to be dragged down.

1、 Price trend

According to the price monitoring of the business agency, the ex factory price of octanol in Shandong fell slightly this week. This week, the average price of the mainstream factory quotation of octanol in Shandong fell from 6600.00 yuan / ton to 6566.67 yuan / ton at the weekend, down 0.50%, down 15.38% compared with the same period last year. Overall, the octanol market fell slightly this week, with the octanol commodity index at 48.28 on February 21.

2、 Market analysis

（1） Products:

At present, the operating rate of domestic octanol plant is acceptable; Hualu Hengsheng’s 80000 T / a octanol plant is operating normally, and this week’s offer is firm; the annual capacity of Jiangsu Huachang Chemical octanol plant is 80000 tons, and there is no maintenance plan.

This week, the factory quotation of main octanol manufacturers in Shandong slightly fell: the quotation of octanol of Jianlan Chemical Co., Ltd. at the end of this week was 6500 yuan / ton, down 100 yuan / ton compared with that at the beginning of this week; the quotation of octanol of lihuayi Co., Ltd. this week was 6300 yuan / ton, temporarily stable compared with that at the beginning of this week.

（2） Industrial chain:

Upstream raw material Market: propylene market rose this week. The quotation increased from 6102.58 yuan / ton at the beginning of the week to 6618.18 yuan / ton at the end of the week, up 8.45%, down 13.03% year on year. The price of raw materials in the upstream market slightly fell and rose. Affected by the supply and demand, the price of octanol had a positive impact.

Downstream market situation: this week, DOP factory price is lower and consolidated. DOP quoted 7233.33 yuan / ton, down 12.85% year on year. Downstream customers are less active in purchasing octanol, the demand for octanol is general, and the low price consolidation of DOP has a negative impact on octanol market. The aftermarket operators mostly wait and see the trend of DOP.

3、 Future forecast

In late February, the trend of Shandong octanol market may fluctuate slightly. After the adjustment in January, the capital return of each plant is in good condition, the equipment maintenance is completed, and the production capacity is increased. The upstream propylene price rose, the cost support was strong, the downstream plant started gradually, and the downstream procurement enthusiasm rose. According to the octanol analyst of business agency, the octanol market in Shandong in late February may fluctuate slightly under the influence of supply and demand and raw materials.

1、 Price trend

Business agency: MTBE market price continues to fall this week (February 17-21)

The price of MTBE this weekend was 4776 yuan / ton, down 5.10% from the previous week’s price, according to the data of business agency.

2、 Market analysis

Product: refinery gasoline inventory pressure is still large, market demand for MTBE is still low. The market price of MTBE rebounded in the middle of this week due to the rise of gasoline price, but the market price of MTBE continued to fall in the later period..

Industry chain: in the later part of this week, driven by the continuous rise of crude oil, and in order to reduce profits and losses, refineries began to increase gasoline prices, and downstream operators have followed the increase to replenish storage. However, gasoline inventory is still high, and MTBE market demand remains low.

MTBE Market: with the gradual improvement of China’s epidemic situation, the restrictions on logistics and transportation are slightly relaxed, but the transportation capacity is still very tight. In addition, the rigid demand for gasoline raw materials is still low under the pressure of gasoline inventory in refineries. The delivery of MTBE manufacturers is poor, and the market price falls. Although most MBE units were shut down or production load was reduced in the early stage, MTBE production continued to decline, but at present, manufacturers still have inventory, and MTBE market supply can still be guaranteed. MTBE market prices fell first, then rose and then fell this week.

3、 Future forecast

According to MTBE product analyst of energy branch of business news agency, the international crude oil market is on the rise, and the impact of China’s epidemic on the refined oil market is gradually reduced. It is expected that the price of gasoline market will rise in the near future. The rise of gasoline market price will drive the domestic MTBE market price up. It is expected that the domestic MTBE market price will rebound to the bottom next week.

1、 Price trend

According to the data monitored by the business association, as of February 17, Zhejiang Province had 5350 yuan / ton, Guangdong Province 5550 yuan / ton, Jiangsu Province 5375 yuan / ton, Luxi Chemical Industry 4800 yuan / ton, Hualu Hengsheng 5200 yuan / ton, Zhangqiu daily and monthly 4900 yuan / ton. Affected by the coronavirus epidemic, the market transactions in each region were average, and the logistics and transportation were severely restricted.

2、 Market analysis

Products: the domestic DMF market is in weak operation, the parking device in the early stage has not been returned to work, a small number of orders from the factory have been delivered for transportation, the atmosphere of on-site order inquiry has been slightly eased, and traders are still in a strong wait-and-see mood.

Industrial chain: the situation of downstream market return is limited, part of Jiangsu and Zhejiang are smooth in transportation, the recovery of intensive enterprises is limited, the demand in South China is sporadic, and the overall demand in the downstream is insufficient.

Industry: on February 16, the chemical industry index was 720, the same as yesterday, down 29.13% from 1016 (2012-03-13), the highest point in the cycle, and up 20.00% from 600, the lowest point on January 31, 2016. (Note: cycle refers to 2011-12-01 to now)

 
4、 Future forecast

DMF analysts think: domestic DMF market is weak.