Price Trend

According to commodity data monitoring, yellow phosphorus prices were stable this week. The average price of yellow phosphorus is 15875 yuan/ton.

II. Market Analysis

Product: Yellow phosphorus price is stable this week. The yellow phosphorus enterprises in Yunnan started construction slightly. The Central Environmental Protection Group entered Guizhou and individual enterprises stopped production. The supply and demand situation of yellow phosphorus market is basically balanced. The quotation price of manufacturer tends to be stable, downstream enterprises have a good mentality, weak and stable demand, low procurement enthusiasm, mainly small orders. This week’s yellow phosphorus talks range is about 15875 yuan per ton.

Industry chain: upstream phosphate ore continued to resume mining, increased supply, high overall inventory, mainstream quotation of about 400 yuan/ton. March is still dry season, yellow phosphorus enterprise electricity prices increased, this week coke prices fell 100 yuan / ton. The start-up rate of downstream yellow phosphorus enterprises remained stable and demand was weak and stable.

3. Future Market Forecast

The yellow phosphorus analysts of the business and chemical branch believe that the overall demand for yellow phosphorus is weak and stable, the downstream demand is relatively stable, there is no good support in the field, the enthusiasm of traders in purchasing is not high, and the supply and demand situation of the yellow phosphorus market is basically balanced. With the increase of start-up rate, the market price is expected to decrease slightly next week.

Price trends:

According to statistics, the domestic ammonium nitrate ex-factory price trend is temporarily stable this week. The weekend average price is 2033.33 yuan/ton, which is 6.30% lower than the early price of 2033.33 yuan/ton.

2. Market analysis:

Product: This week, the domestic ammonium nitrate market price trend is temporarily stable. Affected by environmental protection control, domestic ammonium nitrate plant start-up is limited and domestic ammonium nitrate plant start-up is less. However, due to the downstream civil explosion industry shut down, domestic ammonium nitrate manufacturers have more stocks, and the price trend in the field remains weak. By the end of the weekend, the domestic ammonium nitrate market price negotiation was between 1900 and 2100 yuan/ton. Affected by environmental protection and the cancellation of gas limitation, manufacturers in many areas are now forced to limit production or stop production for maintenance to accept environmental protection inspection. The demand for ammonium nitrate in the downstream has decreased, but the market prices of the upstream raw material nitric acid and liquid ammonia have risen, and the market price of ammonium nitrate has stabilized.

Industry Chain: Domestic nitric acid price is rising this week, the market price is 1560 yuan/ton by the end of the week, and this week’s price is rising 0.64%. Upstream raw material liquid ammonia price is rising, the market price of liquid ammonia is 3206.67 yuan/ton by the end of the week, and this week’s price trend is rising 3.60%. Upstream raw material price trend has a positive impact on the ammonium nitrate market. The situation is temporary. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened, the inventory of ammonium nitrate manufacturers has increased, the market for nitric acid is not good, and the price of nitric acid market remains weak.

Industry: Recently, the market of ammonium nitrate is not good. The downstream explosion industry has stopped completely. However, the price of raw materials in the upstream market has risen, and the market price of ammonium nitrate is temporarily stable.

3. Future market forecast:

Ammonium nitrate analysts believe that the recent upstream raw material liquid ammonia market price rise, but the downstream demand is poor, ammonium nitrate market prices are expected to remain low in the later period.

Price Trend

In recent years, domestic butadiene market declined mainly. As of March 14, the price of butadiene was 9112 yuan per ton, according to the business association monitoring.

II. Analysis of Influencing Factors

Products: Domestic butadiene market continued to decline mainly, Fushun Petrochemical export growth, supply prices continued to decline slightly, but the downstream of the current price of raw materials to accept limited, leading to repeated outflows of export sources, aggravating the market bearish atmosphere. Middlemen often offer according to the price level of Northeast manufacturers. The price delivered to Shandong is 8600-8800 yuan/ton. East China refers to 9100 yuan/ton. Downstream is cautious and seldom heard of.

Industry chain: styrene-butadiene rubber: due to the slight rebound of natural rubber and the stabilization of butadiene inner disc, inquiries for styrene-butadiene rubber increased slightly in some areas, but the actual price of contact is serious. Some enterprises such as Sinopec cut the price of styrene-butadiene rubber, and the market quotation fell. The actual trade only improved slightly in some areas, but it was still poor in most areas. Cis-butadiene rubber: The domestic market of cis-butadiene rubber is weak. The supplier lowered the price of cis-butadiene rubber, and the merchant’s offer price followed up the decline. The inquiry intention of the buyers on the spot increased slightly, while the price of some commodity sources was still hanging upside down. Market wait-and-see atmosphere is strong. After price reduction, market turnover is still poor. Market prices fluctuate slightly around ex-factory prices. SBS: Domestic SBS market oil glue, dry glue narrow finishing, on-site business is flat.

3. Future Market Forecast

Domestic butadiene market atmosphere is insufficient, although the northern factory slightly increased, but the on-site inquiry atmosphere is light, the actual single transaction is sluggish. And downstream synthetic rubber fell, suppressing the mindset of the industry. Although some downstream just need to be purchased, the overall supply side of the market is still abundant, and the market support is limited. Business analysts expect that the domestic butadiene market will continue to downward consolidation. It is suggested that attention should be paid to manufacturers’prices and transaction guidelines.

Price Trend

According to the price monitoring of business associations, as of March 6, the average price of domestic aggregated MDI market was 15,300 yuan/ton, and the overall market price fluctuated narrowly.

II. Market Analysis

Product: Domestic Polymerized MDI market fluctuates narrowly. In view of the low downstream purchasing gas, TRADERS’offer slightly declined, and profit-making middlemen actively shipped. Businessmen have different expectations of future market. However, in the second quarter, due to the multi-maintenance plan of the factory, the supply volume or the continuous tightening, it is difficult for the quotation to have a significant downward trend in the short term.

On the market side, South China aggregates MDI market consolidation and wait-and-see. Traders offer is stable, high price is not easy to conclude, inquiry buying atmosphere is light, wait and see the transaction. Eastern China Polymerized MDI Price Narrow Range Finishing. Traders’offers are mostly stable and the downstream inquiry atmosphere is not good. Some middlemen are active in making profit. Short-term market stalemate is firm. The price of aggregated MDI in North China is rigid. The supplier is still quite market-oriented, the trader’s offer is stable, the profitable middleman actively delivers goods, and the delivery price is chaotic.

Industry chain: raw materials, pure benzene: East China pure benzene negotiations continue to soften, spot purchase price 4780-4790 yuan/ton, sale price 4880 yuan/ton. In March, we bought 4850 yuan/ton and sold 4910-4920 yuan/ton. In April, we bought 4900 yuan/ton and sold 4930-4950 yuan/ton. At present, there is hardly any storage capacity of pure benzene in irrigation area, encountering shipment pressure, and the center of gravity continues to soften. Aniline: Aniline market fell. At present, apart from the overhaul of a 100,000-ton aniline plant in Nanhua, other enterprises have normal installations and sufficient market supply. The demand downstream is weak, the inventory of aniline enterprises is accumulated, and the price still has downward space. We should pay attention to the bidding price of hydrogenated benzene for Northern enterprises.

3. Future Market Forecast

Business Cooperative Viewpoint: In the second quarter, the multi-maintenance plan of the factory, the supply volume or the continuous tightening, the quotation is difficult to have a significant downward trend in the short term. Business Association aggregated MDI analysts expect that short-term domestic aggregated MDI market price narrow volatility consolidation, there are many below the market price shipment phenomenon.

Price Trend

According to the price monitoring of business associations, as of February 28, the average price of domestic methanol market was 2430 yuan/ton, and the domestic methanol market continued to oscillate upwards.

II. Market Analysis

Products: The methanol market continues to oscillate upward trend, but due to the impact of high decline in the market level, high inventory continued to suppress, the overall performance of the port continues to be weaker than the mainland, short-term trend or continuation. Driven by better shipments from the inland production areas, firms’tender/reluctant selling sentiment is obvious, and the short-term strong trend continues with the launch of spring inspection and the support of traditional downstream replenishment in the north. On the port side, groundwater cargo replenishment, olefin start-up and import arrival are still the main concerns.

Industry chain: formaldehyde: raw material methanol market continues to rise and boost, the cost of formaldehyde is better supported, Shandong formaldehyde Market narrow finishing. Linyi part is around 1200-1220 yuan/ton, Zibo and its surroundings around 1250 yuan/ton. Acetic acid: The domestic glacial acetic acid market is stable and soft. Enterprises in East China, Henan and South Shandong have higher shipping intentions, and there are more on-site supplies, which are in urgent need of digestion, so the market is on the soft side. In addition, the intention of price reduction is obvious. Downstream consumption capacity is general, some enterprises are not willing to buy, more cautious wait-and-see. Dimethyl ether: terminal inventory consumption is extremely slow, the seller bears the pressure of wide shortage, partial low-end price shipments ease slightly, but the domestic dimethyl ether Market is still not excluded from the expectation of a downward trend in the short term.

3. Future Market Forecast

Business Cooperatives’Viewpoint: On the positive side, Northwest Guiding Price: Mainland contract pre-sale smoothly, Guanzhong, Inner Mongolia and other northwest production areas are mostly closed; Domestic installations: Mainland based on spring inspection and other factors, and under the influence of environmental protection policies, maintenance enterprises are increasing, local supply or contraction in the later period; Olefins: olefins procurement, pre-sale is good, supporting raw material methanol prices. On the negative side, inventory: high inventory in the port area is difficult to digest in the short term, and the inventory pressure is high; freight: local freight of methanol has fallen significantly in the near future, which makes the cost of arrival slightly loose. Methanol analysts at business associations predict that the short-term domestic methanol market will rise slightly.