Domestic price trend:

It can be seen from the PX trend chart that the PX price trend is stable this week. As of the end of the week, the domestic PX ex factory price is 6700 yuan / ton, which is the same as that at the beginning of the week, with a year-on-year increase of 21.82%. The PX external price trend is volatile this week, and the domestic PX market is highly dependent on foreign countries. The external price volatility has a certain positive impact on domestic prices.

In recent years, the domestic PX operation rate is more than 60%. Sinopec Hongrun Petrochemical 600000 ton unit operates stably, Yangzi petrochemical unit operates stably, Pengzhou petrochemical unit operates stably, Yangzi Petrochemical PX unit operates normally, Jinling Petrochemical unit operates stably, Qingdao Lidong unit operates at full load, Qilu petrochemical unit operates stably, and Urumqi petrochemical unit starts at about 50% The supply of xylene is general, but there are many overhauls of overseas units, and the domestic price trend of p-xylene remains high. The recent international crude oil price trend is volatile, and the PX external price has little change. As of the 18th, the closing prices in Asia are 818-820 US dollars / ton FOB Korea and 836-838 US dollars / ton CFR China. The recent operating rate of PX unit in Asia has little change. As a whole, the operating rate of PX unit in Asia is less than 60%, the supply of PX in Asia is general, and the PX external closing price has little change, which is affected by the external factors The domestic market price of p-xylene was affected by the market price.

Recently, the oil price continued to decline, and the price of WTI crude oil futures market in the United States fell sharply. The settlement price of the main contract was at US $60.06/barrel, down by US $4.57 or 7.07%. Brent crude oil futures market prices fell sharply, the settlement price of the main contract at 63.03 U.S. dollars / barrel, down 4.97 U.S. dollars or 7.30%. WTI and Brent oil prices both fell by more than 7% on Thursday. At present, they have fallen for five consecutive trading days, mainly due to the slowdown of vaccination in Europe, which depresses the momentum of economic recovery, as well as the strong US dollar, the increase of US crude oil inventory, and the added disturbance of bad news such as tense relations between the US and Russia. In the short term, the slowdown of vaccination in Europe may be only temporary, and the process of market recovery remains unchanged. Crude oil prices fell sharply, which was bad for the domestic petrochemical market, and the price trend of domestic p-xylene was temporarily stable.

In the near future, the price trend of PTA Market in the downstream is temporarily stable, and the domestic PTA spot market is volatile. As of the 19th, the average price of PTA market is 4450-4500 yuan / ton, and the price trend is stable this week. PTA supply continues to be at a high level. Due to limited maintenance efforts, the operation rate of domestic PTA plant is about 79%. The terminal market returned to work in an orderly manner after the festival. As of March 18, the comprehensive operating rate of chemical fiber weaving in Jiangsu and Zhejiang areas had increased to more than 84%. The downstream market was cautious and there were many inquiries, but the “order” was still hesitant, and the orders had not significantly improved. The price trend of downstream PTA is stable, which has a certain positive support for the price of upstream PX market, and the price trend of PX market is temporarily stable.

Chen Ling, PX analyst of business news agency, believes that the current cost side is lower, and the short-term crude oil price may decline, but the downstream PTA product maintenance device may increase, and it is expected that the market price of p-xylene may remain stable in the later period.

1、 Price trend of epichlorohydrin

(Figure: curve of P value of epichlorohydrin product)

2、 Market analysis

According to the data of the bulk list of business agencies, the average price of epichlorohydrin enterprises as of March 16 was 11966.67 yuan / ton, up 2.28% compared with the price of last Monday (March 8), 9.79% higher than that on February 16, and 0.28% year-on-year in three months

Recently, the market of epichlorohydrin is not strong, and the offer is stable. Recently, propylene raw materials are in upward trend, with high cost pressure. The stockholders have been up and offer, and the market is lower and lower, but the downstream follow-up is insufficient. The market just needs small single investment, supply-demand game and market arrangement upward.

Upstream propylene, March 16, the propylene market price in Shandong region was roughly stable. According to the price map of business agency, affected by upstream and downstream, propylene prices rose repeatedly in the second half of February, which was at a high level for many years. At the beginning of the month, it was stable. On the 4th, the price began to decline, and the price rose generally on the 8th. The price rose 150-250 yuan / ton in two days. After that, the price was generally stable. On the 12th day, the price rose by about 50 yuan / ton again, and the price continued to rise 50 yuan / ton on the 15th. Today, the price is stable The current market transaction is between 8500-8650 yuan / ton, with the mainstream price of about 8550 yuan / ton.

Downstream epoxy resin, on March 16, the liquid epoxy resin in East China negotiated high-level finishing and operation, and the main negotiation offer remained at 31500-32000 yuan / ton, and the factory mainly delivered orders.

3、 Post market forecast

According to the epichlorohydrin analyst of business society, the raw material price is high in the near future, the downstream just needs to receive the bill mainly, the buying enthusiasm is general, the market continues to play games, but under the support of the strong cost side, it is expected that in the short term, the epichlorohydrin market will be held up, and more attention should be paid to the market interest consumption guidance.

The upstream fluorite and hydrofluoric acid prices remained stable at a high level, while the aluminum fluoride market was short of positive news stimulation, and the overall price remained stable. According to the data of business news agency, the domestic price of aluminum fluoride was 9033 yuan / ton on March 16, which was the same as that at the beginning of the week.

The price of raw material fluorite is 2761.11 yuan / ton, and the price trend of fluorite remains high. Recently, some fluorite plants in China are generally started, and some mines and flotation plants in the plant are shut down. The supply of fluorite in the plant is tight. However, the downstream market is stable in the near future, and the rise of fluorite price is limited. Due to the normal supply on the floor, the price trend of hydrofluoric acid market rose slightly. As of the 15th, the quotation of hydrofluoric acid market was 10611.11 yuan / ton. In the near future, the price trend of hydrofluoric acid market was mainly stable. The operating rate of domestic hydrofluoric acid was less than 60%. The enterprises reflected that the supply of hydrofluoric acid spot goods on the floor was normal, the market of goods on the floor was general recently, and the ex factory price of some enterprises was stable.

At present, the aluminum fluoride industry as a whole has sufficient cash, and the inventory of downstream electrolytic aluminum plants remains high, so the demand for aluminum fluoride bidding procurement is general. However, the willingness to support the price of aluminum fluoride is obvious, and the price of aluminum fluoride is stable.

Aluminum fluoride industry analysts of business news agency believe that: the prices of upstream fluorite and hydrofluoric acid remain stable at a high level, and the aluminum fluoride market lacks the stimulation of good news. It is expected that the domestic aluminum fluoride market prices will continue to consolidate.

Trade name: sulfuric acid

Latest price (March 15): 402.50 yuan / ton

On March 15, the price of sulfuric acid Market in Shandong Province rose, up 5.00 yuan / ton, or 1.26% compared with the quotation on March 12. From the upstream and downstream industrial chain, the upstream sulfur market has been rising step by step in the near future, and the cost support is better. And downstream monoammonium phosphate, diammonium, bromine market is also rising, on sulfuric acid has a positive impact.

Recently, the price of sulfuric acid Market in Shandong Province has risen slightly, with the quotation of about 410 yuan / ton.

According to the data monitored by the business community, as of March 12, the comprehensive price of PC market was 26166.67 yuan / ton. This week, the negotiation atmosphere of PC market was flat, and the price dropped slightly. Compared with the same period last week, the price dropped by 0.38%. At present, the PC market is fluctuating, the upstream runs smoothly, the cost is still supported, the downstream just needs to purchase, and the shipment is slow.

This week, the domestic PC market fell slightly. Due to the excessive increase after the festival, it brought huge pressure to the downstream cost side. At present, the negotiation atmosphere is cold, the shipment is slow, and the inventory continues to be high. In the short term, it is mainly to digest and sort out the inventory. According to the data of the business society, the price of PC after the festival went from 19833.33 yuan / ton to 25800.00 yuan / ton, with an increase of 30.08%, a record in the past two years The highest price level, downstream pressure operation, transaction atmosphere cautious, which led to PC Inventory continued high, digestion difficulties, short-term PC market narrow adjustment. Since 2021, the upstream bisphenol A has seen a huge growth and a record high. In March, the PC and bisphenol a market have fallen one after another. At present, the upstream bisphenol a market is declining, the market is weakening, the shipping pressure is increasing, and the overall mentality is confused.

The upstream bisphenol A in East China has a flat trading volume, with a reference price of 24600-24700 yuan / ton. At present, the shipment is smooth and the operating rate is normal. Bisphenol a commodity index: on March 11, the bisphenol a commodity index was 233.05, unchanged from yesterday, down 1.60% from the highest point 236.83 (2021-03-09) in the cycle, and up 223.28% from the lowest point 72.09 on April 6, 2020. (Note: period refers to from March 1, 2020 to now)

The prices of BPA and PC are basically the same. There is a certain pressure on the cost of PC. the downstream gradually digests and adjusts in a narrow range. The following is the price trend comparison chart of BPA and PC

Rubber and plastic index: on March 11, the rubber and plastic index was 826 points, flat with yesterday, down 22.08% from 1060 points (March 14, 2012), the highest point in the cycle, and up 56.44% from 528 points, the lowest point on April 6, 2020. (Note: period refers to the period from December 1, 2011 to now)

PC analysts of business news agency believe that: due to the excessive increase of PC after the festival and the high price, it brings cost pressure to the downstream, the transaction atmosphere is flat, and the shipment is slow. In the short term, PC mainly digests inventory, with a narrow consolidation stage. (to get more information about goods and to grasp the price of commodities, welcome to subscribe to the business community through the official account of the business community, the market is the opportunity).

According to the monitoring of the business community, the market price of phthalic anhydride in China continued to fall in March. As of the 11th, the quotation of phthalic anhydride was 7000 yuan / ton. At the beginning of the month, the price was 7925 yuan / ton, down 11.67%, up 26.98% year on year. Recently, the price trend of phthalic anhydride continued to fall, the spot supply was normal, and the market price of phthalic anhydride declined.

In recent years, the market price of phthalic anhydride has been declining. The market price of phthalic anhydride is generally in good condition. The downstream demand has been reduced in the near future. The price trend of o-benzene has come down. The plasticizer market has declined. The negative factors have led to the market price of phthalic anhydride falling. Domestic phthalic anhydride manufacturers started at a low level, and the operating rate of phthalic anhydride on the site was about 60%. The domestic phthalic anhydride spot supply was sufficient, and the price of phthalic anhydride on the site was lower. The downstream plasticizer industry market declined, and the actual transaction situation was general. The price trend of phthalic anhydride market in East China is declining, with limited high-end transactions in the market. The mainstream of neighboring France source negotiation in East China is 6900-7100 yuan / ton, and naphthalene method source negotiation is 6800-6900 yuan / ton. The mainstream quotation of phthalic anhydride market in North China is 6800-7000 yuan / ton. The market outlook of phthalic anhydride still exists, and the downstream procurement is poor. The market trend of downstream DOP in March is general, which does not give any guidance to the phthalic anhydride market To support good, affected phthalic anhydride market prices continued to decline.

In recent years, the domestic price of o-benzene has dropped sharply, and the market price has dropped to 6200 yuan / ton. The domestic price of o-benzene has fallen, which is a big negative effect on the phthalic anhydride market. In addition, the import price of o-benzene in the port area has dropped, and the import price of o-benzene in the port area has increased. In recent years, the inventory of o-benzene in the port has increased, and the external quotation of o-benzene has been adjusted, and the actual transaction price has increased The price trend of o-benzene declined, the price of raw material o-benzene fell, which was bad for the domestic market price of phthalic anhydride, and the market price of phthalic anhydride fell sharply in March.

In March, the market price of the downstream DOP of phthalic anhydride declined slightly. According to the monitoring of the business community, the domestic DOP price was 13675 yuan / ton as of the 11th, and the price fell by 0.91% in March. The low start-up of the equipment of the DOP enterprises on the site was temporarily stable, the price of PVC was weak, and the demand of the downstream customers was mainly just demand, while the demand of the downstream tourists was general. The price of plasticizers is based on the real-time price. The overall DOP price is about 13600-14000 yuan / ton. The domestic demand for phthalic anhydride is not improved, and the market price of phthalic anhydride is lower.

Generally speaking, the crude oil price trend is strong in the near future, but the downward pressure of downstream plasticizer industry is increasing, the DOP price is slightly lower, and the price of o-benzene has a downward trend. It is expected that the market price of phthalic anhydride will continue to decline slightly in the later period.

In February, the market of dimethyl ether was weak. In March, dimethyl ether market finally ushered in a rebound. According to the data monitoring of business news agency, the average price of dimethyl ether in Henan market was 3043.33 yuan / ton on March 4 and 3153.33 yuan / ton on March 9, with an increase of 3.61% and a decrease of 8.51% compared with February 1. As of March 9, the domestic market prices of dimethyl ether are as follows:

Region specification Date Quotation

Mass fraction of dimethyl ether in Shandong area: ≥ 99.0% March 9 3250 yuan / ton

The mass fraction of dimethyl ether in Hebei area: ≥ 99.0% on March 9 to 3300 yuan / ton

Mass fraction of dimethyl ether in Henan Province: ≥ 99.0% March 9 3080-3130 yuan / ton

Since February, the dimethyl ether Market has been in a downward trend. Due to insufficient downstream demand, the dimethyl ether Market is weak and hard to find good. In March, the good news came, and the dimethyl ether market finally ushered in a rebound. The first is the cost of methanol: the methanol market began to rise continuously in February, but due to the small increase in the early stage, the benefits to dimethyl ether were limited. On March 9, the offer price of methanol market in southern Shandong increased by 30 yuan / ton to 2380-2400 yuan / ton for cash withdrawal, while the negotiation price of methanol market in central Shandong increased by 50-60 yuan / ton for cash withdrawal at 2260-2300 yuan / ton. The mainstream transaction price of Linfen in Shanxi Province increased by 60-90 yuan / ton to 2060-2100 yuan / ton, and the mainstream transaction price of Jincheng increased by 100 yuan / ton to 2180 yuan / ton. The methanol market in the two lakes region was partially offered higher. The main enterprises in Hubei have not offered new prices, while other enterprises have raised their offers. The actual ex factory reference is 2400-2450 yuan / ton ex factory cash. The rising cost of methanol brings obvious support to dimethyl ether.

Secondly, the civil LPG market, which has been boosted by the recent rise of international crude oil, has stopped falling and gone up, and the price difference between gas and ether has gradually widened, which has brought certain benefits to the market. Dimethyl ether Market favorable factors hit, the cost of methanol and liquefied gas both up, manufacturers have a strong mentality, prices are actively rising. Take Henan xinlianxin as an example. On March 5, xinlianxin dimethyl ether was quoted at 3000 yuan / ton, and on March 10, xinlianxin dimethyl ether was quoted at 3130 yuan / ton, up 130 yuan / ton in just a few days. Under the mentality of buying up in the lower reaches, the market entry is more positive, which is obviously better than that in the earlier stage. The overall situation of manufacturers’ shipment is smooth, and the prices in various regions are widely pushed up.

On the whole, the main reason for the positive market is the rising cost of methanol, followed by the rise of LPG for civil use, which has also brought obvious boost to the market. At present, the enthusiasm of downstream market entry is relatively positive, and the mentality of manufacturers is relatively strong. However, as the weather gradually stabilizes, the downstream demand is limited, and the negative market factors still exist. It is expected that the dimethyl ether market may rise in shock in the short term, with limited range.

The upstream fluorite and hydrofluoric acid prices are operating stably at high levels, which have limited impact on the market price of aluminum fluoride. Overall, the prices of aluminum fluoride enterprises are stable. According to the data of business agency, the domestic aluminum fluoride price was 9033 yuan / ton on March 8, which was the same as that of aluminum fluoride in early March.

As of the weekend, the average domestic fluorite price was 2766.67 yuan / ton, only 0.20% higher than that at the beginning of the month; the market price of hydrofluoric acid was stable temporarily, and the domestic hydrofluoric acid market price was 10611.11 yuan / ton by the end of the week. Fluorite price trend slightly increased, recently the manufacturer reflected the general fluorite order, the on-site merchants’ shipment is normal, the supply of fluorite source in the field is slightly tight, and the price trend in the field is rising. Domestic fluorite manufacturers are stable in operation, and the operation of mines and flotation devices in the field is kept low. The flow of goods in fluorite is general, and the market price of fluorite is slightly increased. The stable price trend of hydrofluoric acid market has a certain positive support for the upstream fluorite market.

At present, the overall inventory of aluminum fluoride industry is large, which needs to be consumed. In addition, the inventory before consumption in downstream electrolytic aluminum plant is mainly, so the demand for aluminum fluoride bidding and procurement is generally. Aluminum fluoride market is stable.

Analysts of aluminum fluoride industry of business agency believe that: weak upstream upward force cannot pull up the market price of aluminum fluoride; however, the upward trend of aluminum price in the near future is obvious, or it will drive the demand of aluminum fluoride Market; it is expected that the domestic aluminum fluoride market price will be stable and upward.

1、 Price trend

According to the monitoring data of the business association, the domestic soda price is rising. On March 1, the average market price in East China was 1586 yuan / ton, and on March 8, the average market price in East China was 1636 yuan / ton, up 3.33% from last year. On March 7, the commodity index of light soda ash was 82.87, unchanged from yesterday, down 29.69% from the highest point of 117.86 in the cycle (November 21, 2017), and up 31.23% from the lowest point of 63.15 on November 18, 2015. (Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

According to the business news agency, the domestic price of soda ash has risen. On the one hand, the total inventory of domestic soda ash is large, but the regional distribution is uneven, and some manufacturers are short of inventory, which leads to the price rise; on the other hand, the price rise of downstream glass drives the price demand for soda ash; on the other hand, the recovery of downstream production and transportation leads to better market atmosphere and better trading atmosphere. The price of soda ash in North China is relatively strong. The current mainstream market price of light soda ash is about 1650-1750 yuan / ton. Soda ash recovers slowly after the festival. The recent rise of glass price has a certain pulling effect on soda ash. It is expected that the price of soda ash will be relatively strong in the short term. The price of soda ash in Central China is relatively strong. The current mainstream market price of light soda ash is about 1550-1650 yuan / ton. Soda ash recovers slowly after the festival. The recent rise of glass price has a certain pulling effect on soda ash. It is expected that the price of soda ash will be relatively strong in the short term.

Upstream and demand: the upstream raw salt stock is sufficient, and the overall supply is relatively stable. Market trading atmosphere is good. With the start-up of downstream glass processing enterprises, the production and sales of the enterprises are getting better, the traders and processing plants are taking goods actively, the overall shipping speed of the enterprises is higher, the inventory drops obviously, and the intention of replenishing the warehouse is strong.

According to the price monitoring of business association, in the price rise and fall list of chlor alkali industry in the 09th week of 2021 (3.1-3.5), there are 4 kinds of commodities that rise, 1 kind of commodities that fall, and 0 kind of commodities that rise or fall to zero. The main commodities rising were hydrochloric acid (2.90%), light soda ash (1.89%) and calcium carbide (1.40%); the main commodities falling were PVC (- 2.00%). The average rise and fall this week was 1.06%.

Business analysts believe that: glass market prices rise, confidence increased, pull the demand for raw materials soda. In addition, the national soda inventory is large, but the regional distribution is uneven, and some manufacturers are short of supply, which drives the soda price up. According to the comprehensive forecast, the domestic soda price will be strong in the short term, and the demand of downstream market will be taken into consideration.

According to the data monitored by the business agency, this week, the quotation of domestic industrial grade potassium nitrate was 4175.00 yuan / ton, the price was stable, the current price was flat on a month on month basis, and the current price fell by 4.02% compared with last year.

This week, the domestic potassium nitrate Market was stable. In March, the factories started construction one after another, and the downstream factories have just needed to purchase recently. The trading atmosphere of potassium nitrate Market is general, and the potassium nitrate Market has little change. According to the statistics of the business society, the domestic potassium nitrate mainstream manufacturers quoted 4000-4500 yuan / ton this week (the quotation is for reference only), and the quotation is different according to the procurement situation.

Recently, the quotation of potassium chloride mainstream manufacturers was stable: on March 5, the potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operated normally. The ex factory quotation is 2050 yuan / ton, the quotation is temporarily stable, and the actual transaction price is mainly through negotiation. On March 5, Anhui Badou Chemical Co., Ltd. quoted 2260 yuan / ton for potassium chloride distribution, which was temporarily stable. The actual transaction price was mainly through negotiation. This week potassium chloride market high consolidation, little volatility.

In the near future, the new arrival of potassium chloride at the port is not sufficient, and there is a rising trend due to less inventory in the field. Under the support of cost, it is expected that the potassium nitrate Market will rise mainly in the short term, and the long-term market still needs to wait and see. (the above prices are provided by the main manufacturers of potassium nitrate all over the country and sorted out and analyzed by the potassium carbonate analysts of the business society. They are for reference only. For more price details, please contact the relevant manufacturers for consultation).