Trade name: propylene oxide

Latest price (April 19): 11566.67 yuan / ton

On April 19, the market price of propylene oxide in Shandong was mainly stable, flat compared with the previous trading day, and decreased by 14.17% compared with the price on March 19. At present, the price of raw material propylene is rising slightly, the price of liquid chlorine is rising, the cost pressure is increasing, the supply side is mainly stable, the demand side is gradually restored, and the market trading atmosphere has improved.

It is expected that the propylene oxide market will be stable and good in the short term.

Trade name: TDI

Latest price (April 18): 18450 yuan / ton

Key points of analysis: today, the average price of TDI market in East China decreased by 1.99% compared with the previous working day, and the market is weak. Last week, the domestic TDI market was weak and downward, the logistics transportation was blocked, the downstream demand purchase was limited, and the Shanghai TDI factory reduced the negative operation. However, the export market of the terminal market was weak, the downstream TDI market demand was not high, the distribution market followed the market at the weekend, and the quotation was adjusted and reduced. At present, the quotation range of dealers in East China is about 17400-17800 yuan / ton for domestic goods and about 18100-18500 yuan / ton for Shanghai goods.

Future forecast: in the later stage, the TDI market is in a stalemate, sorting and operation, and pay specific attention to the market supply and downstream follow-up.

Recent price trend of hydrochloric acid

As can be seen from the above figure, the price of domestic hydrochloric acid fell slightly this week. The quotation fell from 345.00 yuan / ton at the beginning of the week to 310.00 yuan / ton at the end of the week, a decrease of 10.14%, and a year-on-year increase of 34.78% compared with the same period last year. On April 14, the commodity index of hydrochloric acid was 82.89, down 6.58 points from yesterday, down 39.89% from the highest point 137.89 in the cycle (2021-10-26), and up 361.01% from the lowest point 17.98 on September 5, 2012. (Note: the period refers to the period from September 1, 2011 to now)

The upstream support is good, and the downstream procurement is general

From the manufacturer’s quotation, the domestic hydrochloric acid market price is temporarily stable this week. Dezhou Shihua hydrochloric acid is quoted at 500 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; The price of synthetic hydrochloric acid from Wen Shui is 230 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; Liaocheng Huatong hydrochloric acid is quoted at 100 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; Xiangcheng Sanan hydrochloric acid is quoted at 550 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market rose slightly, which strengthened the support of hydrochloric acid. The price of downstream polyaluminium chloride increased slightly, and the quotation increased from 2323.75 yuan / ton last weekend to 2348.75 yuan / ton this weekend, an increase of 1.08%, a year-on-year increase of 36.33% compared with the same period last year; The market price of ammonium chloride increased slightly, and the quotation increased from 1425.00 yuan / ton at the beginning of the week to 1437.50 yuan / ton at the end of the week, an increase of 0.88%. On the whole, the downstream market rose slightly, and the downstream products had a good enthusiasm for purchasing hydrochloric acid, which had a positive impact on the price of hydrochloric acid.

Future forecast

The market of upstream liquid chlorine has increased slightly recently, the cost support has been strengthened, the market of downstream polyaluminium chloride and ammonium chloride has increased slightly, and the downstream purchase intention is good. Business analysts believe that hydrochloric acid has mainly increased slightly in the near future.

Commodity name: TDI

Latest price (April 14): 19175 yuan / ton

Key points of analysis: the average price of TDI market in East China today is flat compared with the previous working day, and the domestic TDI market is weak. At present, the on-site trading atmosphere is light, the Shanghai TDI factory operates with reduced load, the market supply is tight, the transportation and logistics are blocked, the manufacturer’s shipment is not smooth, the transaction at the downstream terminal is general, the market demand is weak, there is little change in supply and demand, and the owner’s mentality is mainly wait-and-see. At present, the quotation range of dealers in East China is about 18500-18800 yuan / ton for domestic goods and about 18800-19500 yuan / ton for Shanghai goods.

Future forecast: in the later stage, TDI market will wait and see the sorting and operation, and pay specific attention to the market supply and downstream follow-up.

The price of ethylene oxide remained stable, with the ex factory price of 8200 yuan / ton in East China, North China, South China and Northeast China and 8400 yuan / ton in Central China.

Upstream, there is limited downside space for oil prices, but regional demand continues to be weak, blockade restrictions inhibit market buying sentiment, and ethylene prices weaken slightly. Ethylene oxide today, Fushun Petrochemical slightly increased by 100 yuan / ton, and the market mentality fluctuated slightly. On the whole, the supply side of ethylene oxide Market is still abundant. The downstream demand is general, and the follow-up of terminal demand is slow. However, affected by the profit space, the manufacturer has an obvious mentality of supporting the market.

Forecast: in view of the current poor supply and demand situation and the spread of the epidemic, the market prospect has become uncertain again, and most people in the industry are stable.

In terms of devices, the 400000 ton syngas MEG new device in Guanghui, Hami, Xinjiang has produced excellent products today, and the current load is around 30%.

Crude oil fluctuated in the downward direction, and the cost support of ethylene glycol weakened. In the afternoon, Meg’s outer disk fluctuated in a narrow range, and the recent cargo negotiation estimated that it was around 650 US dollars / ton. Today, the commencement of ethylene glycol and polyester continued to decline, the terminal orders were not smooth, and the demand was soft.

Forecast: the fundamentals are empty, and it is expected to fluctuate at a low level.

On the 11th, the domestic ethyl acetate Market rose steadily. The high price of raw acetic acid has obvious support for the downstream ethyl ester. Shandong’s main auction was changed to retail, and the transaction was good, which boosted market confidence. The price of East China manufacturers increased on Monday, driving the market atmosphere to pick up. However, at present, the market is still affected by the epidemic, the shipment in East and North China is still restricted, and the downstream just needs to follow up. The mainstream transaction price in the market is in the range of 8600-8800 yuan / ton.

Future forecast: domestic ethyl acetate is still boosted by the strength of acetic acid in the near future. The market supply and demand maintain a balanced situation. In the short term, we still need to pay attention to the trend of raw material acetic acid. In the near future, the market mainly stops rising and stabilizes.

DOP prices fell slightly this week

According to the data monitoring of the business agency, the DOP price fell slightly in April, and the DOP market fell back. As of April 8, the DOP price was 12250 yuan / ton, down 0.41% from 12300 yuan / ton on April 1 at the beginning of the month. The market of plasticizer industry chain is weak, and the price of plasticizer DOP is weak to maintain stability.

The price of isooctanol fluctuated and stabilized

According to the price monitoring of business society, the domestic isooctanol market fluctuated and adjusted in April, and the overall isooctanol price stabilized. Affected by the epidemic, the transportation of isooctanol enterprises is limited, the terminal demand is poor, and the overall isooctanol market is relatively stable. The price of isooctanol is stable, the cost of DOP is stable, the upward momentum of DOP is weakened, and the downward pressure remains.

Phthalic anhydride prices fell

According to the price monitoring of business society, the price of phthalic anhydride fluctuated and fell in April. As of April 8, the price of phthalic anhydride was 8500.00 yuan / ton, down 2.72% from 8737.50 yuan / ton on April 1 at the beginning of the month. In April, the price of raw material phthalic anhydride fell sharply, the cost of phthalic anhydride fell, the impact of the epidemic, the operation of downstream plasticizer manufacturers fell, the demand for phthalic anhydride was insufficient, and the price of phthalic anhydride fell. The cost of DOP raw materials decreased, the support of DOP rise weakened, and the downward pressure increased.

Future expectations

DOP data analysts of business agency believe that due to the impact of the epidemic, the start of plasticizer industry chain has declined, and the overall supply and demand are both weak; The prices of isooctanol and phthalic anhydride fell, the cost of DOP raw materials fell, the upward momentum of DOP weakened, and the downward pressure remained. In the future, the supply and demand of plasticizer industry chain are both weak, and DOP price shock is expected to stabilize.

Trade name: acetic acid

Latest price (April 7): 5270 yuan / ton

Key points of analysis: today’s acetic acid market is temporarily stable, and the average market price in East China is the same as yesterday. Affected by public health events, the logistics and transportation are not smooth, the shipment of enterprises is blocked, and the downstream follow-up purchase is limited. At present, the mentality of the industry remains wait-and-see, and the market quotation is strong.

Future forecast: the short-term acetic acid market is temporarily stable and wait-and-see, with specific attention to the market supply.

Trade name: cryolite

Latest price (April 6): 7550 yuan / ton

Key points of analysis: today, the cryolite market in Henan is on the sidelines, and the average production price in Henan is flat compared with the previous working day. At present, manufacturers have great pressure on production costs, low operating rate, low enterprise inventory, market procurement is mainly on demand, enterprise shipments are OK, cryolite manufacturers operate at a high price, and the mentality of the operators remains wait-and-see.

Future forecast: cryolite market runs smoothly and pays attention to market supply.