1、 Price trend

According to the bulk list data of business society, the average market price of 55% powdered monoammonium was 3920 yuan / ton on May 16 and 4233 yuan / ton on May 23. The price of monoammonium phosphate increased by 7.99% this week.

According to the bulk list data of business society, the average market price of 64% diammonium phosphate on May 16 was 3725 yuan / ton, and the average market price of 64% diammonium phosphate on May 23 was 3950 yuan / ton. This week, the price of diammonium phosphate increased by 6.04%.

2、 Market analysis

This week, the prices of raw sulfur and phosphate rock continued to rise, the cost pressure only increased, and the market of monoammonium phosphate rose again. The manufacturer’s inventory is tight, there is no sales pressure for the time being, and the downstream purchases on demand. The quotation of most enterprises is suspended and a small number of orders are received. This week, the factory quotation of 55 powdered ammonium in Henan is about 4500 yuan / ton, and the market quotation of 55 powdered ammonium in Sichuan is about 4400 yuan / ton. The actual transaction is negotiated.

The price of diammonium phosphate continued to rise this week due to the continuous rise of raw material prices. The domestic supply of diammonium is tight, the demand is reduced, and the focus is shifted to the export market. At present, most manufacturers still suspend quotation and a few receive orders. This week, the factory quotation of 64% diammonium in Hubei is about 3700 yuan / ton, and the market quotation of 64% diammonium in Guizhou is about 4200 yuan / ton. The actual transaction is negotiated.

Raw phosphate rock market. The domestic phosphate ore market rose as a whole this week. The supply of phosphate rock is still tight. The supply of several mainstream domestic mines is tight, mainly for their own use. There is basically no external supply inventory, and some orders have been scheduled to June. The large price difference of phosphate rock at home and abroad also gives a certain impetus to the rise of phosphate rock market. This week, the reference average price in the mainstream areas of 30% grade phosphorus ore in China is around 870 yuan / ton.

Raw sulfur market. The sulfur market is strong this week, the maintenance of domestic refineries is concentrated, the enterprise inventory is low, and there is no shipping pressure for the time being. The downstream purchase is followed up smoothly, and the sulfur market is in short supply. According to the inventory situation, enterprises in Shandong sorted out the upward quotation. The mainstream price of solid sulfur is about 4050-4100 yuan / ton, and the mainstream price of liquid sulfur is 3900-4000 yuan / ton.

3、 Future forecast

The ammonium phosphate analyst of business society believes that due to the high cost and price of ammonium phosphate, the supply of ammonium phosphate in the field is tight, and the transaction focus continues to move upward. Under the influence of high raw materials and low supply, the market of ammonium phosphate is expected to continue to rise in the short term.

1、 Price trend:

According to the bulk list data of business society, the domestic market of PA6 rose this week, and the spot prices of various brands rose and fell. As of May 20, the mainstream offer price of the sample enterprises for China viscosity 2.75-2.85 was about 16066.67 yuan / ton, up or down by + 1.90% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

Industrial chain: upstream, the price of caprolactam continued to rise this week. Crude oil fluctuated violently under the influence of the increasingly tense situation in Eastern Europe. Raw materials pure benzene and caprolactam were supported. In addition, some caprolactam enterprises planned to overhaul their units in the early stage, resulting in reduced supply and rising prices. It is expected that the production of caprolactam will mainly rise in the short-term after finishing according to the market demand of caprolactam.

The upstream caprolactam market trend is positive, and the cost side support of PA6 this week is acceptable. The operating rate of domestic PA6 polymerization plant was generally stable at about 70% in the month, with limited change. In terms of news, the tension between Russia and Ukraine remains, and the strong operation of international crude oil prices does not have the expected obvious support and transmission effect on the cost side of PA6. The supply side of PA6 has gradually turned from abundant to tight. The load of downstream enterprises has increased slightly this week, the demand has increased, and the on-site trading has improved. Recent health incidents have blocked the logistics in many places in East China, affecting some PA6 demand.

3、 Future forecast:

Business analysts believe that the spot price of PA6 has risen this week, the trend of caprolactam has risen as a whole, and the cost support of PA6 is OK. Downstream enterprises take goods against the high price supply, but the on-site supply is decreasing. It is expected that the PA6 market trend may be dominated by a narrow rise in the short term.

According to the monitoring data of business agency, as of May 19, the average price of propylene oxide enterprises was 11533.33 yuan / ton, down 1.70% from Monday, 0.29% from April 19, and 5.21% year-on-year in a three-month cycle.

Propylene oxide market fell this week. Recently, the market of propylene raw material is weak, the price of liquid chlorine raw material is down, the cost support is weakened, and some manufacturers at the supply end are in the process of plant maintenance, but the downstream procurement enthusiasm is not high, the purchase is reduced, the manufacturers’ shipment is poor, the inventory is gradually under pressure, and the price of propylene oxide is reduced. On the 19th, the mainstream quotation of propylene oxide Market in Shandong is around 10600-10700 yuan / ton.

For upstream propylene, on May 18, the reference price of propylene was 8560.60, an increase of 1.74% compared with May 1 (8414.60).

According to the monitoring data of downstream propylene glycol, as of May 18, 2022, the average ex factory price of domestic industrial propylene glycol is 12200 yuan / ton. Compared with the price on May 14, 2022 (the ex factory reference price of propylene glycol is 11433 yuan / ton), the average price is increased by 767 yuan / ton, or 6.71%.

The propylene oxide analyst of business society believes that at present, the support of the cost side is general and the demand side is slightly incremental, but it is still cold and the support of supply and demand is insufficient. It is expected that the propylene oxide market may still be under pressure in the short term.

In mid May, the domestic EVA market first opened and then stabilized. According to the monitoring data of business agency, the average ex factory price of domestic EVA was 23166.67 yuan / ton on May 1 and 24233.33 yuan / ton on May 9, with an increase of 4.60% and 18.40% compared with the same period last year.

As of May 18, the ex factory quotation of EVA is as follows:

Products, manufactor., model., Ex factory price

EVA., yanshan petrochemical ., 18J3 ., 25000 yuan / ton

EVA., Beijing Organic, Y2022 ., 22000 yuan / ton

EVA., BASF Yangzi, V5110J., 26200 yuan / ton

In mid May, the domestic EVA market price rose first and then remained stable. The current price is relatively strong, and the ex factory quotation of petrochemical enterprises has not changed significantly. Last week, driven by the rise in the price of photovoltaic materials, the offers in the spot market rose one after another, with an obvious range. However, due to the strong rise, the downstream has limited ability to accept high prices, and the mentality is more cautious. Most of them just need to make up, the market transaction atmosphere is poor, the market continues to rise, the power is insufficient, and the price stabilizes.

On the whole, the international crude oil fluctuated and rose, which brought some support to the market in terms of cost. However, the current price is relatively high, the downstream has limited ability to accept high prices, poor enthusiasm for entering the market, and the overall trading atmosphere of the market is general, which has brought some restraint to the rising market. It is expected that the EVA market may weaken in the short term.

1、 Price trend

According to the bulk data monitoring of business society, as of May 17, the average price of refrigerant R22 was 17500 yuan / ton, down 0.94% from the beginning of the month and up 5.42% compared with the same period last year

According to the bulk data monitoring of business society, as of May 17, the average price of refrigerant R134a was 21666.67 yuan / ton, down 4.41% from the beginning of the month and 4.13% from the same period last year

2、 Market analysis

Recently, the market of refrigerant R22 has fallen steadily, the price of raw material chloroform has fallen slightly, the cost support has weakened, and the market supply has increased. At the same time, the demand has not increased. Under various bad conditions, the price of R22 has fallen steadily. At present, the price of raw material hydrofluoric acid is mostly 11730 yuan / ton, the price of chloroform is about 4325 yuan / ton, and the market quotation of R22 is mostly in the range of 17000-18000 yuan / ton. The quotation in Shandong is about 17000-17500 yuan / ton, that in Zhejiang is about 17000-17500 yuan / ton, that in Hunan is about 17500-18000 yuan / ton, and that in Guangzhou is about 18000 yuan / ton.

Recently, the refrigerant R134a market has continued to decline, the enterprise quotation has fallen frequently, and the focus has shifted downward. The price of raw material hydrofluoric acid fluctuated little, the price of trichloroethylene fell sharply, the cost support decreased sharply, and the market transaction was still flat, the logistics had not been fully recovered, the enterprise mainly reduced the price and arranged the warehouse, and the actual transaction was lower than the offer. Up to now, the price of raw hydrofluoric acid is about 11730 yuan / ton. The market quotation of R134a is mostly in the range of 19000-25000 yuan / ton, and the actual transaction is lower than the offer. The quotation in Zhejiang is about 19000-25000 yuan / ton, that in Hunan is about 22000-22500 yuan / ton, and that in Guangzhou is about 24000 yuan / ton.

In terms of raw materials, on May 17, the price trend of domestic hydrofluoric acid market was temporarily stable, the operation of on-site devices was stable, the supply of goods was normal, the market price of anhydrous hydrofluoric acid was stable, and the recent price of fluorite was temporarily stable, which had a certain supporting impact on the development of hydrofluoric acid market. In addition, the operating rate of downstream refrigerant industry was still at a low level, the actual demand was at a low level, and the purchase of hydrofluoric acid was limited, and the price trend of refrigerant fell recently, However, the recent operation of hydrofluoric acid unit is stable, and the market price of hydrofluoric acid is expected to be stable.

3、 Future forecast

Business community refrigerant analysts believe that at present, the downstream demand continues to be weak, coupled with public health events in many places still affecting logistics, the overall market trading is light, the short-term negative atmosphere is strong, and the refrigerant market continues to be weak.

Cobalt prices fell sharply this week

According to the data monitoring of business society, the cobalt market continued to decline this week, and the cobalt price fell sharply. As of May 16, the average price of cobalt was 510500 yuan / ton, down 5.46% from 540000 yuan / ton on May 1 at the beginning of the month; Compared with the price of 534300 yuan / ton of cobalt on May 9, it fell by 4.45%. The supply and demand of cobalt market were both weak, and the cobalt price fluctuated and fell this week.

Lithium iron phosphate seizes the market share of ternary battery

In April, the growth rate of automobile market production and sales hit a new low in recent ten years, and the production and sales of new energy vehicles decreased by 33-38% month on month. Lithium iron phosphate batteries continue to seize the market share of ternary batteries, and the installed proportion of lithium iron phosphate is gradually close to 70%. Generally speaking, the sales of ternary batteries declined, the demand of cobalt market declined, and the pressure of cobalt price decline was great.

International cobalt prices fell

As can be seen from the price list of MB cobalt, the price of MB cobalt fell on May 12, the international price of cobalt fell, and the cobalt market fell.

Market Overview

Bai Jiaxin, a data analyst at business news agency, believes that the international cobalt price has fallen, the price of cobalt salt has fallen sharply, the proportion of ternary battery market has declined, and the demand of cobalt market has declined; The supply side is relatively stable, and the downward pressure on cobalt prices is increasing. In the future, the cobalt market is just weak, the cobalt price has a large space to fall, and the demand is less than expected. It is expected that the cobalt price will fluctuate and adjust at about 500000 yuan / ton in the future.

1、 Price trend

According to the bulk list data of business society, the price of aniline was stable and small this week. On May 6, the price in Shandong was 10400-10800 yuan / ton; The price of aniline in Nanjing is 10600-10800 yuan / ton; On May 13, the price in Shandong was 10400-10800 yuan / ton; The price of aniline in Nanjing was 10600-10800 yuan / ton, which was flat compared with last week and decreased by 7.29% compared with the same period last year.

2、 Analysis and comment

On the cost side, pure benzene: in the first half of the week, the market focus of pure benzene weakened due to the sharp decline of crude oil. Affected by the impact of low-cost hydrogenated benzene in Shandong, enterprises generally take goods, and the price has fallen continuously. In the second half of the week, with the rebound of crude oil and the wide rise of Asian pure benzene, the cost support strengthened, and the center of gravity of pure benzene rebounded. Due to the decline of Sinopec’s output and the continuous decline of East China port inventory to about 97000 tons, the supply of pure benzene is expected to be tight, and the price of main refineries is rising. Shandong was supported to rise, but the increase was limited.

Nitric acid: domestic nitric acid rose by a wide margin this week. The domestic production price of nitric acid was 2466.67 yuan / ton on May 6 and 2666.67 yuan / ton on May 13. The price increased by 8.11% compared with last week and 17.65% compared with the same period last year. Boosted by the rise of raw materials, the price of nitric acid rose, and the goods sold in the market were acceptable.

Pure benzene and nitric acid in the upstream rose this week, and the cost support strengthened. During the week, a 100000 t / a aniline plant in Nanhua was shut down, and the supply in East China was reduced. Jinling and Jinmao short stop units have been restarted. The load of aniline units in Shandong is high and the market supply is loose. The downstream demand side of aniline performed poorly, mainly just in need of purchase. During the week, the market price of aniline was temporarily stable, and the industry was cautious.

3、 Future expectations

In terms of cost and pure benzene, affected by the US gold market, it is expected that the high level of pure benzene in Asia will be strong in the short term. Domestically, the arrival of pure benzene in the later stage is still small, the port inventory may continue to decline, and the price of pure benzene in East China remains relatively high. The lower reaches of Shandong Province prefer to purchase low-cost hydrogenated benzene, which drags down the pure benzene market and has a price difference with East China.

In terms of nitric acid, liquid ammonia has increased significantly, and the supply of nitric acid is tight. It is expected that the price of nitric acid will be dominated.

Although the cost side is well supported, the demand for aniline is weak and the inventory pressure of enterprises is large. Aniline may fall. The market is concerned that if the public health events in the later stage improve or drive the release of aniline demand, the price may rebound. Continue to pay attention to the trend of raw materials, downstream demand and the impact of the dynamics of aniline plant on the price of aniline.

Price trend

According to the bulk list data of business society, the domestic POM market is deadlocked this week, and the spot prices of individual brands are reduced by a narrow margin. As of May 12, the ex factory price reference offer of POM injection molding sample enterprises of business society was about 21966.66 yuan / ton, up or down – 0.30% compared with the average price level at the beginning of the month.

Cause analysis

Industrial chain: on the upstream side, the market of formaldehyde in Shandong fell this week, the market of raw methanol fell slightly, the cost support was general, the demand of downstream plate factories was flat, the shipment of formaldehyde manufacturers was not smooth, and the market fell. It is expected that the recent price of formaldehyde in Shandong will be dominated by weak decline.

The upstream formaldehyde Market weakened and POM cost side support weakened. In terms of industry load, the operating rate of domestic POM enterprises increased in early May, and the two Tianye production lines resumed work. The improvement of port arrival is limited, and the market supply is still compact. At present, the inventory pressure of enterprises is small, and there are not many low-end sources of goods. However, the downstream demand continued to be weak, and buyers were more resistant to high price sources. They were cautious in preparing goods, and the main operation was to buy on bargain hunting to maintain production. The mentality of merchants is not strong, some offers fall, and small orders are mainly taken in the venue. Domestic health incidents still affect the logistics and transportation in East China, and some demand is affected.

Future forecast

Business analysts believe that: in early May, the domestic POM market was at a high stalemate, the upstream formaldehyde Market weakened, and the cost support of POM was general. The on-site supply is slightly tight, but the load of POM industry increases. Coupled with the poor load of downstream enterprises, there is no large-scale replenishment in procurement. The market supply has been reduced, and the demand follow-up is not timely. It is expected that the POM price may be adjusted in a narrow range in the short term.

According to the price monitoring data of business agency, as of May 11, 2022, the average reference price of domestic n-propanol was 8983 yuan / ton. Compared with May 1 (the average reference price of n-propanol was 8300 yuan / ton), the average price increased by 683 yuan / ton, or 8.23%.

It can be seen from the data monitoring chart of business society that during the May Day holiday, the domestic n-propanol market operated smoothly. After the holiday, the n-propanol market ushered in a rising operation. On June and July, the domestic n-propanol market price increased by a wide range of 500-1000 yuan / ton, and the post Festival procurement performance of the downstream demand side was OK. On August and September, the n-propanol market continued to operate slightly upward as a whole. The high price of n-propanol market in Shandong broke through 8800 yuan / ton, and there was a large difference between high and low prices. As of November 11, The domestic market price in Shandong is around 8000-8800 yuan / ton, the domestic n-propanol market in Nanjing operates stably, the n-propanol device operates normally, and the market price of n-propanol is around 9500 yuan / ton. At present, the trading atmosphere of n-propanol market is mild, and the downstream demand is relatively stable. Local dealers still have reservations about the price, and the price is not easy to monitor, which may lead to differences in the specific negotiation situation. Each region also has differences. It is mainly based on actual single negotiation, and we will wait and see the change of raw material price and shipment in the future.

In terms of upstream ethylene, the external ethylene market fell as a whole. Ethylene prices in Asia fell. As of the 9th, CFR Northeast Asia closed at US $1186-1196 / ton and CFR Southeast Asia closed at US $1236-1246 / ton. European ethylene market fell. As of the 9th, FD northwest Europe closed at US $181756-1765 / ton and CIF northwest Europe closed at US $1424-1432 / ton. Ethylene analyst of chemical branch of business agency believes that international crude oil futures fell sharply. The continuous sharp decline of the stock market has affected the market mentality, and the epidemic prevention measures in Asia have exacerbated the market’s concern about the demand prospect; In addition, the oil giant Saudi Arabia lowered the official price of crude oil in Asia and Europe in June, putting short-term pressure on oil prices. The cost support is poor, so the data analysts of business society expect the external price of ethylene to fall mainly next.

Forecast of future trend of n-propanol

At present, the supply-demand transmission of n-propanol market is normal, the downstream purchases on demand, and the on-site support is OK. The analysts of business agency n-propanol believe that in the short term, the domestic n-propanol market is mainly adjusted and operated in a large stable and small dynamic range, and more attention needs to be paid to the specific changes of supply-demand.

According to the monitoring data of business society: after May Day, the manufacturers stopped for maintenance, the terminal demand increased, and multiple benefits supported, and the hydrogen peroxide market rose sharply, with an increase of more than 18%. As of May 10, the average market price of hydrogen peroxide was 1156 yuan / ton, up 18.43%.

According to the weekly rise and fall of business agency from February 14 to May 8, 2022, the hydrogen peroxide market has improved as a whole since February, with a weekly increase of nearly 20% at the end of February. At the beginning of March, the hydrogen peroxide market fell one after another, with a weekly decline of more than 10%, and the subsequent rebound was weak. In April, the hydrogen peroxide market fell first and then rose, and the market improved. Since mid month, prices have risen all the way. After May Day, hydrogen peroxide continued to rise sharply, up nearly 20%.

Lido supports the rise of hydrogen peroxide Market

After May Day, the demand of hydrogen peroxide terminal industry has improved, the market has warmed up, and the price has continued to rise. The average market price has exceeded 1000 yuan / ton, and the price has increased by more than 5%. The hydrogen peroxide price of the manufacturer increased by 30-50 yuan / ton, and the market transaction was good. Hydrogen peroxide market rose one after another.

In the second week, the terminal was supported by rigid demand, some manufacturers stopped for maintenance, the supply was tight, the market quotation was chaotic, and the price once ushered in a sharp rise. On May 10, the average price of hydrogen peroxide market was close to 1200 yuan / ton, up 9.12% in a single day.

On May 10, Luxi Chemical quoted 1160 yuan / ton of hydrogen peroxide, up 140 yuan / ton from the beginning of the month; Shijiazhuang Zhengyuan hydrogen peroxide quoted 1060 yuan / ton, up 130 yuan / ton from the beginning of the month; Quansheng chemical hydrogen peroxide quoted 1250 yuan / ton, which was 70 yuan / ton higher than that at the beginning of the month.

Li Bing, hydrogen peroxide analyst of business society, believes that there is still room for the price of hydrogen peroxide to rise in the future.