1、 Price trend

According to the monitoring data of business news agency, the average price of PS (GPPS 525) was 10033 yuan / ton on April 12 at the beginning of this week, and 10000 yuan / ton on April 16 at the end of this week, with a price drop of 0.33% and an increase of 30.43% compared with the same period last year.

2、 Market analysis

Raw material styrene fell, the impact of bulk commodity market was weak, the buying wait-and-see resistance was strong, the market price was mainly reduced, and the low transaction volume was phased. The operating rate and inventory of PS industry fluctuate little. In Yuyao market, benzene penetration revenue is 9750-13200 yuan / ton, while benzene conversion revenue is 13300-15250 yuan / ton.

On the cost side, the domestic maintenance units of styrene are restarted, and new units are expected to be put into operation. The downstream acceptance of styrene is reduced, and the market supply side tends to be balanced or weak. On the supply and demand side, there is little room for the PS industry to start adjustment, but the inventory decline has slowed down. Small and medium-sized downstream procurement is still dominated by rigid demand, with general speculative demand.

3、 Future forecast

Raw material styrene continues to rebound, business replenishment cost is on the high side, combined with the impact of transaction volume, short-term PS market is expected to rise slightly.

According to the price monitoring data of business news agency, as of April 16, the average reference price of domestic n-propanol containing packaging in mainstream regions was around 9333 yuan / ton, which was reduced by 1800 yuan / ton compared with April 11 (reference price of 11133 yuan / ton), a weekly drop of 16.17%. \. Multiple bad news hit the domestic n-propanol market down sharply this week, with a weekly decline of more than 16%

This week, the domestic n-propanol market fell sharply. Starting from Monday, the price of domestic n-propanol in Shandong and Jiangsu was sharply reduced by 800-1000 yuan / ton. In the following two days, the market of n-propanol went down again, and the market of n-propanol went down for three consecutive days. Until the end of the week, the market stopped falling, stabilized and entered a weak stable operation. As of the 16th, the factory quotation of n-propanol in Shandong Province is around 8300-8800 yuan / ton (loose water), and some low-end quotation is 8100 yuan / ton; The factory quotation of n-propanol in Jiangsu Province is about 8500-9000 yuan / ton (loose water). According to the data monitoring of the business agency, as of the 16th, the average ex factory price of n-propanol with bags was 933 yuan / ton, which was reduced by 1800 yuan / ton compared with the price on the 11th of last weekend, with a weekly drop of 16.17%. \. The reasons for the precipitous decline of domestic n-propanol prices are as follows:

According to the data monitoring of the business agency, as of the 16th, the average ex factory price of n-propanol with bags was 933 yuan / ton, which was reduced by 1800 yuan / ton compared with the price on the 11th of last weekend, with a weekly drop of 16.17%. \. The reasons for the precipitous decline of domestic n-propanol prices are as follows: In terms of demand, after the Spring Festival, the overall trend of the domestic n-propanol market has been in a weak position. The recovery of downstream demand is slow, and there are few new orders. Especially after the slight increase of market price in mid March, the contradiction between the supply and demand side of n-propanol is increasing, the demand is extremely cold, and the stock is accumulating, which are constantly depressing the confidence of the n-propanol industry, In order to ship as soon as possible, the market began to drop sharply. In terms of raw materials, at present, the main production method of n-propanol in China is ethylene process. Therefore, as the main raw material of n-propanol, the trend of ethylene is also the key to the development of n-propanol market. Recently, the price of ethylene market remains high, and the cost pressure of n-propanol increases. “The cost of raw materials keeps rising, but the demand of downstream market has not improved. Such a situation has led to the collapse of the n-propanol industry. In order to speed up the shipment, the n-propanol industry has to reduce the ex factory price of the spot n-propanol.

According to the data monitoring of the business agency, as of the 16th, the average ex factory price of n-propanol with bags was 933 yuan / ton, which was reduced by 1800 yuan / ton compared with the price on the 11th of last weekend, with a weekly drop of 16.17%. \. The reasons for the precipitous decline of domestic n-propanol prices are as follows:

On April 15, the Styrene Market in Shandong continued to rise, with the quotation of 9150-9250 yuan / ton today. The price of crude oil rose, pure benzene and ethylene followed the strength, and the international quotation of styrene remained strong, providing a good cost support for the domestic styrene price. The main port inventory in East China continued to go to the warehouse, and it was obvious at the end of the month. It is expected that it will continue to go to the warehouse slightly in April. The domestic styrene manufacturers are expected to focus on the maintenance, the domestic supply is expected to decline in the short term, and the short-term market supply is tight. The inventory of downstream finished products decreased, the profit performance was acceptable, and the demand increased slightly. At the end of the month, the new units produced qualified products one after another, but the load needs to be increased one after another, and the short-term impact on the market is limited. The overall market is more positive than negative, styrene prices continue to rise. Night plate styrene slightly increased position upward. To sum up, today’s spot price will rise.

1、 Acrylic acid price trend

(Figure: p-value curve of acrylic acid products)

2、 Market analysis

Recently, the market of acrylic acid has recovered. According to the block list data of business news agency, as of April 14, the average quotation price of acrylic acid in East China was 9700 yuan / ton, up 0.69% compared with the previous trading day, up 1.39% compared with last Friday (April 9), down 7.03% compared with the price at the beginning of the month, and down 19.17% compared with the price on March 14.

Recently, the price of raw material propylene has been stable and wait-and-see, the cost support is obvious, the downstream inquiry purchasing enthusiasm has been improved, the market negotiation atmosphere is active, and the acrylic acid market is stable and rising.

Upstream propylene, April 14, Shandong propylene market price stability. According to the price chart of the business association, the price of propylene decreased sharply in the second half of March and rose at the end of the month. At the beginning of April, the market price rose slowly, with an average daily increase of about 50 yuan / ton. From the beginning of June, the price rose steadily, and today’s prices are almost stable. Now the market transaction is still between 8200 and 8400 yuan / ton, and the mainstream price is about 8200 yuan / ton.

3、 Future forecast

Acrylic acid analysts of business news agency believe that at present, the price of upstream propylene is mainly stable, and the cost side has certain support. In addition, the rising inquiry atmosphere has boosted the market mentality. It is expected that the acrylic acid market will be stable and good in the short term, and more attention should be paid to the market information guidance.

Price trend

According to the data of the business club’s block list, the domestic PA66 market in early April tended to be high, and the spot prices of various brands were generally stable. As of April 9, the average offer price of PA66 medium viscosity injection molding sample enterprises was about 42150 yuan / ton, a decrease of 1.75% compared with the average price at the beginning of the month, and a rise of 100.71% compared with the same period last year. The price range was at a new high in history.

Cause analysis

Affected by the cold disaster in the United States and the severe epidemic situation in Europe and the United States, the supply shortage pattern of PA66 upstream products has improved little, and the resistance of China’s import of adiponitrile is still large. The recovery of production and transportation of international large-scale adiponitrile plants is slow, and the domestic import volume of adiponitrile and hexanediamine continues to be low. At present, the supply of PA66 raw material related markets at home and abroad is tight and the price is high, and the spot price is high.

The upstream price position was high, and the domestic PA66 price remained high in early April. There is little difference between the spot offer range and the previous one. The offer range of market traders is about 44000 yuan / ton to 44500 yuan / ton. Due to the continuous shortage of raw materials, almost all domestic PA66 enterprises, such as Pingdingshan Shenma and Zhejiang Huafeng, are struggling to make bricks without straw, and the overall operating rate of the industry is stable to about half. At the same time, it also causes the enterprise to continue the strategy of no quotation without pressure on inventory, and the shipment mainly meets the old contract customers. The inventory in the hands of dealers further declined, and the operation was biased towards high report and reluctant to sell. In addition, lantiqi, a major international manufacturer, also issued a price increase letter for PA66 series products in early April. In terms of information, on April 6, the central ecological and environmental protection supervision was fully launched, which may have an impact on the chemical industry, rubber and plastic industry. Downstream demand is mainly based on rigid demand, and the recent purchasing strategy is more cautious. The decrease of trading power causes price fluctuation in the market to a certain extent.

Future forecast

Analysts of business news agency believe that: in early April, the domestic PA66 market was still supported by the cost side of raw material supply tightening, and there was no improvement opportunity in the short term, so the cost side pressure of PA66 is worrying. The lower reaches passively follow up, and the resistance to high price goods becomes more and more serious, and the spot trading on the floor shows an increase in small orders. PA66 market is expected to remain high in the short term.

1、 Trend analysis

According to nickel price monitoring of business association, nickel price continued to drop slightly on the 12th, with spot nickel price of 124016.67 yuan / ton, down 2.83% from 127625 yuan / ton on the previous trading day, down 3.21% from the beginning of the year, and up 26.5% year on year.

2、 Market analysis

The US dollar rose slightly, international metals fell, and nickel prices also fell slightly. After the rainy season in the Philippines, the supply of nickel mines will resume. In the future, the shipment of mines in the Philippines will gradually increase, and the supply is expected to increase in the second quarter, which will exert pressure on the nickel price to a certain extent. The output of electrolytic nickel in April had little change compared with that in March, with 13000 tons, and the downstream demand was stable. In terms of traditional stainless steel, the output of 300 series stainless steel continued to maintain high production in April, which was flat on a month on month basis and supported the nickel price. The social inventory of refined nickel is still relatively low, and the warehouse receipts and inventory of the exchange are less than 10000, which is easy to rebound. It is expected that the short-term decline of nickel price may be limited.

According to the monitoring of business agency, the domestic anhydrous hydrofluoric acid price trend is temporarily stable this week. As of the end of the week, the market price of hydrofluoric acid is 10622.22 yuan / ton, which is flat with the price of 10622.22 yuan / ton at the beginning of the week, down 1.0% year on year.

The domestic hydrofluoric acid price has been stable in recent years. Up to now, the main price of domestic hydrofluoric acid has been negotiated in various regions of China, which is 10500-11000 yuan / ton. Domestic hydrofluoric acid trading is stable. In recent years, domestic HFC spot supply is normal, and the price trend on the site is temporarily stable.

Domestic HFA spot supply is normal. Although some hydrofluoric acid devices are under repair, the hydrofluoric acid market is still available. Up to now, the mainstream of hydrofluoric acid negotiation in South China is 10000-10500 yuan / ton, and the price of hydrofluoric acid in the north market is 10500-11000 yuan / ton. In recent years, the domestic market price trend of hydrofluoric acid is stable, and the manufacturers reflect that the trend is stable in the near future, but the pressure of the rise in the market price of hydrofluoric acid in the later period is not small.

The market price of fluorite raw materials of hydrofluoric acid is temporarily stable. By the end of the week, the domestic fluorite price is 2738.89 yuan / ton. The price trend of this week is stable. In the near future, the domestic fluorite spot supply is normal. However, with the temperature warming, some manufacturers in the North will start the parking device. At that time, the supply in the field will increase or the domestic fluorite price trend will be stable this week. Up to now, the main stream of fluorite negotiation in China is 2600-2800 yuan / ton. The high price of fluorite in the field is the cost support of hydrofluoric acid market. The domestic hydrofluoric acid market price is stable under the influence of favorable support.

The domestic refrigerant market has been rising. In recent years, the sales of automobile industry has improved, the refrigerant market has improved, demand for purchasing is the main, the trend of refrigerant industry has increased, and the market of various types of refrigerant has increased slightly. However, the manufacturer is under pressure in shipping and the sales pressure is relatively high. The price of hydrofluoric acid of raw materials has been higher, which brings some cost support, and the refrigerant export volume has not changed much The downstream air conditioning production is low, the demand is scarce, the off-season effect of after-sales market continues, and the refrigerant price does not increase much. The overall refrigerant market is generally supported by favorable factors, and the price of chloroform has been slightly higher, which leads to the high refrigerant price. At present, the load of R22 manufacturers is not high, the inventory is in a reasonable range, and the market price continues to rise. However, the downstream receiving capacity is limited, and the wait-and-see mood is quite large. The delivery of the carriers is normal, and some businesses still have the phenomenon of cost reversal. The main discussion in the field is 15500-17500 yuan / ton. The domestic R134a manufacturers operate under low load, which is favorable to support the price trend of R134a rising slightly. However, the current demand based procurement, low start of downstream enterprises, strong wait-and-see sentiment of traders. Currently, the market quotation of refrigerant R134a is mostly in the range of 20000-23000 yuan / ton, with high price. However, the transaction atmosphere is general, the downstream refrigerant market has improved, and the market price of hydrofluoric acid is stable.

From the industrial chain diagram, the price of fluorine chemical industry is still rising, the price of raw fluorite remains high, the downstream refrigerant product price rises slightly. In addition, in addition to the recent overhaul of some domestic hydrofluoric acid devices, the spot supply in the field is normal and supported by multiple favorable factors. Chenling, an analyst with hydrofluoric acid in the business society, thinks that the market price of hydrofluoric acid will be stable.

1、 Trend analysis

According to nickel price monitoring of business association, nickel price continued to drop slightly on the 8th, with spot nickel price of 125800 yuan / ton, down 0.49% from 126416.67 yuan / ton on the previous trading day, down 1.82% from the beginning of the year, and up 32.93% year on year.

2、 Market analysis

In April, although the rainy season in the Philippines is coming to an end, the overall ship delivery is still limited to some extent. At the same time, the production scheduling of downstream stainless steel plants has increased, and the terminal demand is likely to continue to increase. The precursor enterprises purchase nickel beans to prepare nickel sulfate with rich profits, and the new energy terminal consumption enters the peak season. At the same time, the domestic nickel port inventory continued to decline, nickel prices under the strong support. However, Indonesia’s ban on mining and the trial production of high matte nickel from ferronickel will have a long-term impact on the nickel market. Nickel price is expected to maintain strong volatility in the short term.

Recently, the domestic market of cyclohexanone is going up in a narrow range, and is about to usher in a “big rise”. According to the monitoring data of business news agency, the average price of domestic cyclohexanone market rose from 9425 yuan / ton to 10000 yuan / ton from April 1 to April 7, with a price increase of 6.10% in the cycle, a month on month decrease of 1.96% and a year-on-year increase of 91.08%. Traders revealed that the domestic market of cyclohexanone will continue to rise in the short term. Most of the production enterprises are mainly for the downstream, and most of the goods are not exported. As a result, the current social inventory of cyclohexanone is low.

Region, price

East China: RMB 10400-10500 / T, cash delivery

South China: 10400-10500 yuan / ton, cash delivery

Shandong area: 10100-10200 yuan / ton, cash delivery

Zibo Shanglai Chemical Co., Ltd. $10350 / T

In terms of raw materials, Sinopec’s price of pure benzene in East and South China increased by 200 yuan / ton to 6700 yuan / ton, which was implemented by all its refineries. The price is effective from April 6. In terms of cost, the market of cyclohexanone was promoted. In the downstream, the caprolactam plant started to maintain a high level, and raw materials were purchased on demand. Although the price of cyclohexanone was at a high level, it was normal production, and the caprolactam plant just needed to purchase.

The listing price of upstream pure benzene continued to rise, coupled with the limited supply of cyclohexanone, the price rose slightly, the seller was reluctant to sell, and the downstream just needed to follow up. Business community cyclohexanone analysts expect that the market of cyclohexanone will remain high in Europe in the short term.

This week, the domestic BDO market continued to fall. According to the sample data monitored by the business association, as of April 2, the average producer price of domestic BDO was 29825 yuan / ton, with a month on month decrease of 6.06% and a year-on-year increase of 215.94%. In terms of market price, the mainstream negotiation of bulk water supply in East China is 29000-29400 yuan / ton, and the mainstream negotiation of bulk water supply in South China is 29000-29500 yuan / ton.

This week, the domestic BDO market is in the doldrums, and the actual delivery of spot orders is light. Most of the production enterprises are in the mentality of shipping, and the offer is loose and the focus is down.

As for the plant, due to the shortage of raw materials, the load of Panjin Dalian is still 60-70%, and it is planned to be full in the first and middle of April. The operation of Yanchang oil plant is unstable and the overall load is not high. The two units in Tunhe, Lanshan, Xinjiang will replace the catalysts in turn from March 21. At present, one unit has been restarted, and the other unit will replace the catalysts on March 29. It is estimated that it will take one week. It is expected that the catalyst will be replaced in one week since April 1. Shaanxi Ronghe was put into production on March 21. At present, it has not officially produced products. Tianye plans to restart a 60000 ton plant in early April.

Part of the traders shipping mentality, narrow profit negotiation. BDO business analysts expect that the domestic BDO market is in a downturn in the short term.