China’s domestic phthalic anhydride market price trend is temporarily stable on April 23

On April 22, the phthalic anhydride commodity index was 63.75, unchanged from yesterday, down 46.93% from the peak of 120.13 points in the cycle (2012-02-28), and up 31.66% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

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Recently, the domestic market price of phthalic anhydride has maintained a low trend, the market of phthalic anhydride and phthalic anhydride in eastern China has weakened, downstream factories have just needed to purchase, factory inventory pressure has continued, high-end transactions have been blocked, the mainstream of on-site neighbouring source negotiations is 6500-6600 yuan/ton, and the mainstream of naphthalene source negotiations is 6300 yuan/ton; the mainstream quotation of phthalic anhydride market in North China is 6400-6600 yuan/ton, and the market weak The price of phthalic anhydride in China is stable, the spot supply of phthalic anhydride is normal, the market is not good, and the price of phthalic anhydride is declining.

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Recently, the executive price of the upstream product of phthalic anhydride, Sinopec o-phthalic anhydride, is 6700 yuan/ton. The actual transaction price in the market is 6700 yuan/ton. The quotation is stable and the port market is general. The upstream raw material mixed xylene price is stable, the turnover of phthalic anhydride is general, the stock of phthalic anhydride in port is low, the price of phthalic anhydride is temporarily stable, the cost of imported phthalic anhydride is rising, the actual transaction price is discussed in detail, the upstream price trend is stable, and the market price of phthalic anhydride remains weak. DOP prices in the downstream are lower. In the recent DOP market in Zhejiang, merchants’quotations have maintained 8,200 yuan/ton out of warehouse, while downstream prices have slightly decreased. The demand for upstream phthalic anhydride is limited, and the market price of phthalic anhydride has slightly decreased. It is expected that the market price of phthalic anhydride will be around 6,500 yuan/ton in the later

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Silicon market falls continually in the downturn

According to data from business associations, the average price of 441_silicon ports on April 22 was 11741.67 yuan/ton, down 2.96% from the average price of 12100 yuan/ton on January 1. It is reported that the price of 441_silicon rose slightly after returning from the year, boosted by downstream demand, followed by weak consolidation and monotonous downward adjustment.

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At present, the price of silicon is low, and the price of low-grade silicon continues its downward trend. On the one hand, based on the high inventory of silicon society and the shortage of polycrystalline silicon, the demand for recycled aluminum alloy enterprises is weakened, the overall demand for the downstream is weak, the supply and demand fundamentals are not good, and on the other hand, the declining silicon market has dampened the enthusiasm of traders in the market, and traders and downstream enterprises are mainly watching or buying on demand.

Expected market outlook

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Affected by the high price of electricity in the dry season and the current low price of metal silicon, the overall starting rate of each production area is low. Whether the supply and demand can be reversed or not, the market will wait and see the downstream demand. It is expected that the weak consolidation will be maintained in the near future.

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Potassium carbonate Market Consolidation dominated this week (4.15-4.19)

Price Trend

Market Analysis of Potassium Carbonate Products

(Photo Source: Business Association Commodity Analysis System)

According to the data monitored by business associations, the price of potassium carbonate was mainly consolidated this week. The overall price did not change much, with a drop of 0.18%. As of April 19, the average tax price of domestic light potassium carbonate was 6838 yuan/ton, and the market was weak.

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II. Analysis of Influencing Factors

Product: Potassium carbonate market is not hot this week, the trading atmosphere is cold, while the demand side is weak, resulting in the price of potassium nitrate consolidation operation. Some of the plants of the manufacturer are shut down for overhaul, the low stock purchasing market has general momentum, and the weak quotation operation is dominant. According to statistics from business associations: on April 19, the main domestic light potassium carbonate ex-factory quotation range is about 6700-6900 yuan/ton (quotation for reference only). According to different purchasing conditions, the quotation is different.

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3. Future Market Forecast

Potassium carbonate analysts believe that the price of potassium carbonate is mainly consolidation in the short term, while the long-term market still needs to wait and see, mainly affected by demand-side dominance.

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Price trend of domestic fluorite market in China was temporarily stable on April 18

On April 17, the fluorite commodity index was 99.12, unchanged from yesterday, down 22.25% from the peak of 127.49 points in the cycle (2019-01-03), and up 101.42% from the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

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According to statistics, the domestic fluorite price trend is temporarily stable, the average domestic fluorite price is 2825 yuan/ton as of the 18th day. Recently, the domestic fluorite plant started normally, the mine and flotation plant started normally, the fluorite supply in the field is normal, and the recent downstream commodity market is general. For the fluorite market, the price trend of fluorite Market shocks when it is purchased on demand. In recent years, the downstream units started to work poorly, the fluorite spot supply in the field was normal, and the downstream terminal receipt was not good, which led to a slight decline in market price trend. As of the 18th, the price of 97 fluorite wet powder in Inner Mongolia was 2700-3000 yuan/ton, the mainstream of 97 fluorite wet powder in Fujian was 2600-3000 yuan/ton, the price of 97 fluorite wet powder in Henan was 2600-3000 yuan/ton, the price of 97 fluorite wet powder in Jiangxi was 2700-3000 yuan/ton, and the price trend of fluorite remained volatile.

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The price trend of hydrofluoric acid Market in downstream fluorite is rising. As of 18 days, the domestic market price of hydrofluoric acid is 10383.33 yuan/ton. The rising market price of hydrofluoric acid has a positive impact on the upstream fluorite market. However, the recent start-up of hydrofluoric acid plant has declined, the demand for fluorite has weakened, and the price of fluorite has oscillated. Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid products prices slightly lower. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water factory offer price is between 18,000-18,800 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery quotation is general. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. But the on-site transaction price does not change much. Businessmen buy on demand. Generally speaking, the downstream industry is in a general market. In addition, the fluorite market supply is normal. Fluorite prices are stable temporarily. Business analyst Chen Ling believes that the fluorite market price may maintain a volatile trend.

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The trend of domestic hydrofluoric acid Market in China was temporarily stable on April 17

On April 16, the hydrofluoric acid commodity index was 94.15, up 2.5 points from yesterday, down 32.96% from the peak of 140.43 points in the cycle (2018-02-21), and up 75.69% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

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According to statistics, the domestic hydrofluoric acid market price trend was temporarily stable on the 17th. Up to now, the domestic hydrofluoric acid market price is 10 375 yuan/ton, and the domestic hydrofluoric acid start-up rate is less than 60%. Enterprises reflect that the supply of hydrofluoric acid on the spot has declined. Recently, the market is in general. Due to the high raw material fluorite, some hydrofluoric acid manufacturers limit production and guarantee prices, the market price of hydrofluoric acid is slightly higher. Rise. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 10,000-10,500 yuan/ton, while the price of hydrofluoric acid in the northern market is 10,000-11,000 yuan/ton. Domestic hydrofluoric acid market prices rose slightly, spot supply decreased slightly, but demand was not actually good, hydrofluoric acid market price trend is temporarily stable.

Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid products prices rose slightly. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water factory offer price is between 18,000-18,800 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery market has increased. The domestic market price trend of R134a is temporarily stable, the start-up rate of production enterprises remains low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price does not change much. Businessmen purchase on demand. Recently, due to the poor market situation, the price trend of hydrofluoric acid market is temporarily stable.

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Refrigerant on-site transactions are general, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is normal, but the spot supply of hydrofluoric acid has decreased, Business Analyst Chen Ling believes that the hydrofluoric acid market may rise slightly.

China’s domestic methanol market continued to decline on April 16

Price Trend

According to the price monitoring of business associations, as of April 16, the average price of domestic methanol market was 2 370 yuan/ton, and the domestic methanol market continued to decline.

II. Market Analysis

Products: Domestic methanol performance is not good, ports and inland parts are declining to varying degrees; among them, the port extension is now linked, at this stage, security supervision on some downstream demand constraints continue to exist, such as formaldehyde, pharmaceuticals, with the port depot, follow-up supply and other repression, the negative driving force released by the Eastern market on the inland production areas gradually reflects, and although currently in the northwest; However, due to the weak follow-up of consumer market demand and the general enthusiasm of the downstream market entry, the spring inspection factor in 2019 has a relatively limited substantial boost effect after the previous over-hype. Therefore, driven by the supply-demand game, the overall performance of the short-term market is expected to be relatively weak.

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In terms of freight, domestic freight for methanol has been sorted out, with reference to 160-230 yuan/ton for freight from northern Inner Mongolia to northern Shandong and 150-260 yuan/ton for freight from southern Shandong to northern Shandong. Part of Shanxi is 100-150 yuan/ton to the north of Shandong Province, and reference is 140-180 yuan/ton from Guanzhong to the north of Shandong Province and 130-180 yuan/ton to the south of Shandong Province. Ningxia to North Shandong 270 yuan/ton, Shenhua to North Shandong 290-300 yuan/ton, Xinjiang to North Shandong 550-710 yuan/ton.

Industry chain: formaldehyde: raw material methanol is weak finishing, under safety supervision, formaldehyde in the lower reaches of Shandong Province has partially recovered, but the overall start-up is still low, formaldehyde Market Trading appears weak and stable. Linyi is now around 1400 yuan / ton, Zibo and its surrounding areas are maintained at 1500 – 1550 yuan / ton. Acetic acid: The domestic glacial acetic acid market was stable at the beginning of the week, and the industry was more cautious. At the weekend, some devices returned to normal, and the overall start-up rate increased to about 75%. Therefore, supply is expected to increase. In addition, downstream demand is still poor, acetate and chloroacetic acid products market is still weak. Export negotiations are still routine and there is not much good news coming from them. At present, domestic oversupply will continue. Dimethyl ether: Dimethyl ether Market is stable and small push, market atmosphere is still acceptable. Major units are supported by sudden positive, but the momentum for continued growth is insufficient. It is expected that the domestic dimethyl ether market will be stable or moderate in the short term.

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3. Future Market Forecast

Business Cooperatives Viewpoint: On the positive side, the supply side: spring in Northwest China is relatively concentrated, local supply side is relatively tight, and the price of goods is tightly supported; downstream devices: some downstream restart news, later partial demand side or slightly improved. On the bearish side, futures: the day futures market showed a downward trend, and the spot market declined accordingly; arrival: late shipment arrival concentrated, we need to be alert to the rhythm of inventory accumulation; demand side: at present, some downstream devices have not been restored, and demand side performance is weak. Methanol analysts from business associations predict that the overall performance of the domestic methanol market in the short term is relatively weak.

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China’s domestic yellow phosphorus market prices fell slightly this week (4.8-4.12)

Price Trend

According to commodity data monitoring, the price of Yungui yellow phosphorus fell slightly this week. The average price of yellow phosphorus was 15325 yuan/ton at the beginning of the week and 15200 yuan/ton at the end of the week. Within the week, the price fell by 0.82%.

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II. Market Analysis

Products: Yellow phosphorus prices fell slightly this week. At present, market transactions are light, downstream enterprises have low start-up rate, traders have strong wait-and-see sentiment, yellow phosphorus market demand is not good, lack of support. At present, the main transaction price of yellow phosphorus in Yunnan is 14700-15000 yuan/ton. The mainstream transaction price in Sichuan is about 15,200 yuan/ton. The main transaction price of yellow phosphorus in Guizhou is about 15 300 yuan per ton.

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Industry chain: Most mines in the domestic phosphate ore market have resumed mining this week, with increased supply and high overall inventory. The main ex-factory quotation range of Yunnan phosphate ore market is 350-450 yuan/ton. In-plant coke inventory remained at a moderate to high level. This week, coke prices were stable. The mainstream market price of Panzhihua coke (secondary metallurgical coke) was around 2080 yuan/ton. The downstream enterprises of yellow phosphorus have insufficient start-up rate and light demand.

3. The analysts of yellow phosphorus in the future forecast business and social chemical branch believe that the overall demand for Yunnan-Guizhou yellow phosphorus is light, the downstream demand is in a wait-and-see state, the procurement activity is not high, there is no good support in the field, and it is expected that there will be a downward trend in the later period.

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China’s domestic sulphur market fell this week (4.8-4.12)

Price data

According to the data from the business associations’list, the domestic sulfur market fell this week, with the average price of granular sulfur leaving the factory at the beginning of the week at about 1133.33 yuan/ton, and the average price of granular sulfur leaving the factory at the weekend at about 113.33 yuan/ton, with a drop of 1.76% in the week.

II. Market Analysis

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Products: This week, the sulfur market is mainly weak, and some factories have finished replenishing goods. Businessmen are watching rationally and the market is quiet. At the beginning of the week, refineries in various regions in China adjusted their prices according to their own shipments. The price of sulphur in Shandong area of Sinopec was reduced by 30 yuan/ton, the mainstream price of solid sulphur was 1160-1170 yuan/ton, the mainstream price of liquid sulphur was 1030-1120 yuan/ton, the mainstream price of sulphur in North China was lowered by 10-30 yuan/ton, the mainstream price of solid sulphur was 1000-1060 yuan/ton, and the mainstream price of liquid sulphur was 960-1060 yuan/ton. 。

Industry chain: The price of downstream sulphuric acid fell, with 377.50 yuan/ton at the beginning of the week and 352.50 yuan/ton at the end of the week, with a drop of 6.62% in the week. This week, the bromine market has been running steadily and the average price of bromine has remained around 34954.55 yuan/ton in the week, up 26.58% from the same period last year. In the short run, the sulfuric acid market is not very volatile. Considering the arrival of centralized maintenance plan for sulfuric acid enterprises, the market supply is reduced, and the price is likely to rise flexibly. It will also adjust flexibly for the upstream sulfur market.

3. Future Market Forecast

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Sulphur analysts from the business society chemical branch believe that with the convening of the industry meeting, the market performance is quiet and trading is limited, the current market price trend is running smoothly, and refineries around the country perform generally. In the short run, the sulphur market will continue to be weak.

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China’s domestic cyclohexanone market continued to rise on April 10

Price Trend

According to the monitoring data of business associations, as of April 10, the average price of domestic cyclohexanone market was 9,600 yuan/ton, and the domestic market of cyclohexanone continued to rise.

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II. Market Analysis

Products: Cyclohexanone market continues to rise, downstream chemical fiber procurement enthusiasm is still acceptable, manufacturers spot is not much, external quotations continue to rise, solvent market just need to purchase, the market trading atmosphere is good. The mainstream offer of cyclohexanone in North China market is delivered in cash from 9900 to 10000, the mainstream offer in East China market is delivered in cash from 10200 to 10400, and the mainstream offer in South China market is delivered in cash from 10500 to 10700.

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Industry chain: pure benzene: East China pure benzene price slightly fell. Influenced by Taihua parking news, FOB Korea pure benzene rose sharply in early trading. The difference between internal and external prices widened to more than 500 yuan/ton, boosting the offer of pure benzene to about 4700 yuan/ton. It was heard that trading volume reached 4500 yuan/ton in May. However, in recent years, although the price of pure benzene is high, the turnover is mostly reversed by traders, the port inventory has not declined, and is still around 245,000 tons. Caprolactam: The price of pure benzene in East China dropped slightly. Influenced by Taihua parking news, FOB Korea pure benzene rose sharply in early trading. The difference between internal and external prices widened to more than 500 yuan/ton, boosting the offer of pure benzene to about 4700 yuan/ton. It was heard that trading volume reached 4500 yuan/ton in May. However, in recent years, although the price of pure benzene is high, the turnover is mostly reversed by traders, the port inventory has not declined, and is still around 245,000 tons.

3. Future Market Forecast

Cost support is still acceptable, downstream chemical fiber procurement is general, but the manufacturers of cyclohexanone spot is not much, there is no delivery pressure. Cyclohexanone analysts from business associations predict that the short-term market for cyclohexanone will be stable and moderate.

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Cis-butadiene rubber market prices fell slightly this week (4.1-4.4)

I. Trend analysis

According to business association data monitoring, domestic cis-butadiene rubber prices fell slightly this week (4.1-4.4). Prices at the beginning of the week were 1,1300 yuan/ton, and prices at the weekend were 1,1175 yuan/ton, a slight drop of 1.11%.

II. Market Analysis

Petrochemical ex-factory price: This week (4.1-4.4), the ex-factory price of domestic cis-butadiene rubber petrochemical plants was reduced by 200 yuan/ton, and as of April 4, the ex-factory price of cis-butadiene rubber in Daqing Petrochemical Company was 11,200 yuan/ton.

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Rubber import and export: Domestic rubber import continued to decrease in February 2019. It is understood that in February 2019, China imported 371,000 tons of natural and synthetic rubber. In January-February, China imported 990,000 tons of natural and synthetic rubber. The total volume in January-February decreased by 7.9% compared with the same period last year.

Raw materials: raw material butadiene prices fell slightly this week, the cost side dragged down the price of cis-butadiene rubber. Business associations monitored 8,155 yuan per ton of butadiene at the beginning of the week and 7,911 yuan per ton at the end of the week, a drop of 3.0%.

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Demand: The main downstream tire production of synthetic rubber has declined, to a certain extent, forming a negative impact on the price of cis-butadiene rubber. According to business associations, the domestic tire output in February 2019 was 11.218 million, down 7.3% from the same period last year.

3. Prospects for the Future Market

Xu Xiaokun, an analyst with business associations, believes that at present, on the one hand, the price of upstream butadiene has fallen, dragging down the synthetic rubber market, on the other hand, the downstream market of rubber has been weak, forming a negative atmosphere for cis-butadiene rubber as a whole. Later, the market of cis-butadiene rubber will continue to be in a weak position.

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