According to the monitoring data of business agency, the price trend of TDI in East China rose first and then stabilized this week. As of March 25, the average market price in East China was 19775 yuan / ton. Compared with the price of 19225 yuan / ton at the end of last week, it increased by 2.86% during the week and 2.20% month on month.

During the week, the TDI market was deadlocked in consolidation and operation. In terms of supply, Gansu Yinguang and Yantai Juli devices had not been restarted, the market spot was tight, and the factory’s attitude of supporting the price continued. At the beginning of the week, the Shanghai factory announced an increase in the guiding price, which boosted the mentality of the field, and the market offer followed up. Then, the downstream follow-up was insufficient, the purchase in the market was weak, coupled with the impact of the epidemic in various places, the logistics and transportation were blocked, the market trading was weak, and the domestic market maintained consolidation. As of the 25th, the quotation range of domestic goods in the distribution market in East China is about 19000-19500 yuan / ton, and the quotation range of Shanghai goods is 19500-20100 yuan / ton, mainly based on actual order negotiation. The dealer’s quotation will rise with the market news, and will be sorted down within the week.

The upstream toluene market was sorted upward, and the price continued to rise during the week. As of March 25, the domestic average price of toluene was about 8057 yuan / ton, down 2.75% from last weekend. International crude oil rose continuously, the cost side support was strong, the operating rate of toluene decreased, the spot supply was tight, the operators were reluctant to sell, and the quotation rose. However, due to the impact of the epidemic situation in various regions, the logistics and transportation were blocked, and the transactions in the toluene market were limited, which affected the increase. The consolidation and operation of the future market was the main factor.

According to the analysis of TDI data division of business agency, at present, the trading volume of domestic TDI market is weak, and the demand follow-up is insufficient due to the impact of the epidemic. Although the cargo carriers intend to explore upstream, the downstream response is slightly flat. It is expected that the TDI market will continue to be in a stalemate, sorting and operation, and the future market trend will wait and see the downstream follow-up.

1、 Price trend

According to the bulk data list of business society, the average price of domestic phosphoric acid was 10200 yuan / ton on March 25, which was the same as that at the beginning of the week, up 94.29% compared with the same period last year.

2、 Market analysis

The focus of phosphoric acid market has shifted upward this week. The price of raw material yellow phosphorus rebounded to 37000 due to the news of Guizhou security inspection and production reduction. The cost support is strong, but the increase of phosphoric acid market is not obvious. The increase range of enterprises is about 200-400 yuan / ton. It mainly digests the raw materials at low prices in the early stage, and the market wait-and-see mood is aggravated. However, the offer of enterprises with low quotation has increased. The high-end price is mostly operated stably, and the overall market has increased steadily. As of the weekend, the price of raw materials was about 37000 yuan / ton, and the market price of phosphoric acid was about 9500-12000 yuan / ton. The quotation in Sichuan is 10000-11000 yuan / ton, that in Hubei is 10500-11000 yuan / ton, that in Shandong is 10500-11000 yuan / ton, and that in Jiangsu is 9500-12000 yuan / ton.

region ., product ., Specifications ., date ., Price., (yuan / ton)

Sichuan region, phosphoric acid ., 85% industrial grade, March 25, 10000-11000

Jiangsu Province, phosphoric acid ., 85% industrial grade, March 25, 9500-12000

Hubei Province, phosphoric acid ., 85% industrial grade, March 25, 10500-11000

Shandong Province, phosphoric acid ., 85% industrial grade, March 25, 10500-11000

For phosphate rock, the domestic phosphate rock market is running upward as a whole this week. The supply of phosphate rock in the site is tight, and the downstream demand performs well. With the support of supply and demand, the market is strong and upward. The quotation of 30% grade phosphate rock freight plant in Guizhou is around 680-750 yuan / ton, and that of 30% grade phosphate rock freight plant in Guangxi is around 690-750 yuan / ton.

Yellow phosphorus, the focus of domestic yellow phosphorus market continues to rise this week. The trading atmosphere on the site is general and the supply of goods is tight. The upstream phosphate rock operates at a high level and the supply is tight. Downstream inquiry increases and replenishment is required. On the whole, the market confidence is good, the upstream and downstream support is strong, and the transaction price of new orders is higher. The price of yellow phosphorus is expected to be strong in the short term.

3、 Future forecast

According to phosphoric acid analysts of business society, at present, the price of raw materials rebounds, the cost support is strengthened, and the phosphoric acid enterprises rise moderately. However, the buyer and the seller are cautious and wait-and-see attitude remains unchanged. It is expected that there will be upward expectations in the short term, and the price trend of raw materials needs to be paid attention to.

According to the data monitoring of business agency: the price of industrial grade and battery grade lithium carbonate in the first quarter is still in a significantly higher range, with a price increase of about 80% in three months. On March 24, the average price of industrial grade lithium carbonate in East China was 480000 yuan / ton, which was 80.45% higher than that at the beginning of the year (the average price of industrial grade lithium carbonate in East China was 266000 yuan / ton on January 1). On March 24, the average price of battery grade lithium carbonate in East China was 501000 yuan / ton, which was 77.66% higher than that at the beginning of the year (the average price of battery grade lithium carbonate in East China was 282000 yuan / ton on January 1). As of March 24, the comprehensive quotation of industrial grade lithium carbonate market is around 445000 ~ 490000 yuan / ton, and the comprehensive quotation of battery grade lithium carbonate market is around 490000 ~ 510000 yuan / ton.

By observing the changes in the market, after the end of the new year’s Day holiday in January, the price of lithium carbonate continued to rise and the quotation continued to set a new high. The shutdown and overhaul of major manufacturers in the market and the gas restriction of natural gas in Qinghai still lead to the low supply and the upward quotation of some enterprises. In mid June, the price of lithium in Wuxi fell sharply, and some enterprises in the market released a little. However, under the circumstances of limited inventory and high downstream demand, it had little impact on the price of lithium carbonate, and the spot price remained high. Downstream lithium iron phosphate enterprises still have some shortage of goods, and ternary manufacturers have sufficient raw materials supported by some long orders.

Then, after the Spring Festival holiday in February, the price of lithium carbonate continued to rise steadily, and the historical high price is still updating. Both upstream and downstream of the market are in the state of resumption of production and work, which makes the market demand gradually increase. In late February, the price of lithium carbonate continued to rise significantly, the supply and demand of lithium ore and lithium salt in the market were still in a tight state, and the gap of domestic lithium carbonate was still obvious. As the demand for new energy vehicles, energy storage and other markets continues to burst, lithium carbonate, as one of the four cathode materials, is also an indispensable raw material in production and manufacturing, so the price is rising all the way.

In March, the rising trend of lithium carbonate price began to slow down. On the supply side, the lithium salt plant basically resumed normal production, and then maintained a high start-up state. With the rise of temperature in Qinghai, the overall supply of lithium carbonate increased. Imported lithium carbonate may also arrive in Hong Kong around April, when the domestic lithium carbonate supply situation will be effectively alleviated. On the demand side, the downstream lithium iron phosphate plate experienced maintenance and production reduction in varying degrees, which slightly slowed down the procurement demand. In the face of lithium salt products with high prices, the cost surge pressure of downstream enterprises increases, the acceptance of high lithium prices is low, and the upstream and downstream are in a game state. In late March, the procurement of downstream material factories was basically completed this month, and the attitude towards the procurement of high priced lithium salt tended to be cautious. There were few market transactions, and most manufacturers were mainly on the sidelines.

The lithium carbonate analyst of business society believes that at present, with the gradual release of lithium carbonate production, the relationship between market supply and demand has been alleviated. Downstream enterprises generally accept high priced lithium carbonate, and the market game will continue. Affected by the supply and demand pattern and sentiment, it is expected that the short-term lithium carbonate price may stop rising and maintain stability.

1、 Price trend

According to commodity data monitoring, isopropanol prices fell this week. The average price of domestic isopropanol was 7533.33 yuan / ton last Friday and 7400 yuan / ton this Friday. The price decreased by 1.77% during the week.

2、 Market analysis

Figure: comparison chart of price trend of acetone and isopropanol from November to January

The focus of domestic isopropanol market this week is down. At present, isopropanol manufacturers export more orders. Domestic orders decreased due to the epidemic. Most manufacturers do not offer external prices, mainly for early orders. Up to now, most quotations of Shandong isopropanol are about 7400 yuan / ton; Most of the quotation range of Jiangsu isopropanol is about 7700 yuan / ton. Internationally, isopropanol in the United States closed stable on March 8, while isopropanol in Europe closed stable and rose.

As for raw acetone, as of the press date, the negotiation in East China was 6000 yuan / ton, the offer in Shandong was 5850 yuan / ton, the offer in Yanshan surrounding areas was 5850 yuan / ton, and the offer in South China was 6150 yuan / ton. After the sharp decline in the early stage, the intention to continue to decline in the short term under the consideration of cost is weakened. However, under the influence of the current epidemic, it is difficult to improve the overall trading atmosphere, but the sharp correction of crude oil is slightly supported. Under the game, the short-term market may enter a stalemate, and the trading volume needs to be improved. The business agency expects to focus on the adjustment and operation of acetone market range next week.

In terms of raw material propylene, the propylene market has accelerated to decline recently, the mainstream market price has fallen to 8200-8400 yuan / ton, the high international crude oil price has fallen sharply, the downstream polypropylene market is still depressed, the recent domestic rebound in health events has affected the logistics and production in some regions, the on-site trading level has further shrunk, the market situation is bad, and the merchants cut prices and take orders. The business agency predicts that after the sharp rise and fall of propylene market, the market needs to be further sorted out, and the recent consolidation of propylene market is the main thing.

3、 Future forecast

The isopropanol analyst of the chemical branch of business society believes that at present, the domestic factories are mainly export orders, and the domestic isopropanol market demand is general. The price of acetone has been greatly reduced, and the propylene market has accelerated its decline in the near future. Raw materials lack support for isopropanol. The price of isopropanol is expected to be dominated by weak operation in the short term.

This week, the domestic propane market continued to rise, the power was insufficient, and the price fell significantly. Most of the Shandong market fell back below 7000 yuan / ton. According to the data monitoring of business agency, the average price of propane in Shandong market was 7375.75 yuan / ton on March 13 and 6825.75 yuan / ton on March 21. The decline range in the week was 7.46%, up 58.71% compared with the same period last year.

The prices of propane in the mainstream regions in China are as follows from March 21 to March 21:

region ., March 21st

East China, 6600-6800 yuan / ton

North China ., 6500-6850 yuan / ton

Shandong Province, 6700-6900 yuan / ton

Northeast China ., 6300-6700 yuan / ton

This week, the domestic propane Market as a whole showed a trend of first decline and then rise. The decline in Shandong propane market was greater than the increase, and most of the prices fell back below 7000 yuan / ton. In the early part of the week, the international crude oil price dropped significantly, the cost support was insufficient, the supply of Shandong propane market was sufficient, but the demand was weak, the downstream had limited ability to accept high prices, the market entry enthusiasm was general, the market trading atmosphere was poor, and the price was weak. With the rebound of international crude oil prices over the weekend, the market mentality was favorable, the enthusiasm of downstream market entry improved, and the price rose with it.

Saudi Aramco announced in March 2022 that both propylene and butane increased. Propane was 895 dollars / ton, an increase of 120 dollars / ton over the previous month; Butane 920 US dollars / ton, up 145 US dollars / ton compared with the previous month.

On the whole, the current rebound of international crude oil is obviously good for the market mentality, but affected by the epidemic, the control and shipment situation in many regions has been hindered. Although the South and North markets of propane are in an upward trend, the overall downstream demand is still weak, or it may bring some restraint to the rising market. It is expected that the price of propane market may rise in a narrow range in the short term and may weaken in the long term.

According to the price monitoring of business agency, the price trend of sulfur (granular sulfur) in East China rose sharply this week. On March 21, the quotation of sulfur was 3116.67 yuan / ton, an increase of 11.98% during the week and 41.45% month on month compared with 2783.33 yuan / ton at the end of last week.

The domestic sulfur market continues to operate strongly, the port supply is tight, the low price spot is difficult to find, the high price market is upward, which is good for domestic refineries, regional refineries have no inventory pressure, the downstream sulfuric acid market is supported, the market demand is stable and good, the enterprise shipment is smooth, the supply is not in demand, the operator has a positive attitude and strong upward intention, the quotation rises sharply within the week, and the price of solid and liquid sulfur is generally raised between 250-400 yuan / ton. As of March 18, the regional prices of sulfur (particles) in China are as follows:

region ., varieties., March 12, March 21, Rise and fall

East China, Sulfur (particle) ,. 2770-2850 yuan / ton ., 3020-3150 yuan / ton ., 250-300

North China ., Sulfur (particle) ,. 2480-2690 yuan / ton ,. 2880-3000 yuan / ton ., 300-400

Shandong Province, Sulfur (particle) ., 2750 yuan / ton, 3150 yuan / ton, three hundred and fifty

Think about the stability of the downstream phosphate fertilizer market. On Monday, the ammonium market continued to rise. The enterprise has sufficient waiting volume and good demand. In addition, due to the impact of cost, the manufacturer’s quotation has been raised and the cost focus has been moving upward. The market of diammonium dichloride was consolidated and operated within the week. The main enterprises issued early orders, the fertilizer for spring ploughing in the downstream increased, the on-site trading was active, and the traders operated with caution. From the perspective of supply and demand performance, the market of ammonium phosphate is stable and good.

According to the sulfur analysts of business society, the inventory of domestic sulfur refineries is not under pressure, the support of downstream market is good, the shipment of local refineries is smooth, and the price continues to rise. Driven by the port market, the future sulfur market may continue to run strong, and pay attention to the market follow-up.

This week, the epoxy resin market mainly went down, the demand was low, and the raw materials continued to go down. The cost side was bad and the demand was poor. During the week, the epoxy resin market mainly went down. According to the monitoring data of business society, the liquid epoxy resin Market in East China opened on March 7 and fell to 26000 yuan / ton on March 18.

The demand side continued to be depressed, and the upstream raw materials fell significantly in the week. Under the pressure of the mentality of the cargo holders, the goods were delivered with profits. In addition, the domestic epidemic worsened in the week, and the logistics and transportation in various places were seriously blocked. The negotiation between the buyer and the seller was cold, the market confidence was insufficient, and the epoxy resin market was difficult to have good support. It kept falling. As of the 18th, the negotiated price in the solid epoxy resin Market in Shandong was 23000-23500 yuan / ton, The liquid epoxy resin Market in East China negotiated to leave the factory in barrels of 26000-27000 yuan / ton.

The domestic bisphenol a market continued to decline this week. First, the logistics was seriously blocked under the influence of the epidemic, and the confidence in buying and selling bisphenol was insufficient. Second, the sharp decline of crude oil during the week increased the negative factors of crude oil pure benzene phenol / acetone, which made it difficult to support the cost side. In addition, the demand of downstream epoxy resin and PC end industries continued to be insufficient, and the procurement was limited. According to the monitoring data of business agency, the average offer in East China was 17100 yuan / ton on March 11 and 16400 yuan / ton on March 18, down 4.09% during the week.

The domestic epoxy resin market atmosphere is depressed, the upstream raw material bisphenol A continues to weaken, the epichlorohydrin finishing operation, the resin cost is reduced by a narrow range, and the fluctuation is limited. However, the demand side continues to be sluggish, the follow-up is insufficient, and the logistics is blocked. The business community expects that the domestic resin market is dominated by weak shocks, so it still needs to pay attention to the downstream demand and epidemic control.

DOP prices fell sharply this week

According to the data monitoring of business society, DOP prices fell sharply this week, and the high level of DOP market fell back. As of March 17, the DOP price was 12350 yuan / ton, down 4.82% from 12975 yuan / ton on March 11 last week; Compared with the DOP price of 11900 yuan / ton on March 1 at the beginning of the month, an increase of 3.78%.

The price of isooctanol fell sharply this week

According to the price monitoring of business agency, the domestic isooctanol market fell from a high level this week. As of March 17, the price of isooctanol was 12733.33 yuan / ton, down 6.60% from 13633.33 yuan / ton on March 11 last week. Since the release of the conflict between Russia and Ukraine, the high price of isooctanol has fallen. This week, the price of isooctanol has fallen sharply, the cost of DOP has decreased, the upward momentum of DOP has weakened, and the downward pressure has increased.

Phthalic anhydride prices fell this week

According to the price monitoring of business society, the high price of phthalic anhydride fell this week. As of March 17, the price of phthalic anhydride was 8925 yuan / ton, down 2.46% from 9150 yuan / ton on March 11 last week. The high price of phthalic anhydride fell this week, the cost of DOP raw materials decreased, the cost support weakened, and the downward pressure increased; The price of phthalic anhydride fell, the upward support of DOP weakened, and the downward pressure increased.

Future expectations

DOP data analysts of business agency believe that with the easing of the conflict between Russia and Ukraine, the price of crude oil fell sharply, isooctanol and phthalic anhydride fell sharply, the price of DOP raw materials fell, the upward momentum of DOP weakened, and the downward pressure increased. In the future, the demand for plasticizer is adjusted weakly, the upward momentum of DOP is weakened, the downward pressure is increased, and the price of DOP is expected to fall.

According to the monitoring data of business agency, as of March 16, the average price of propylene oxide enterprises was 12116.67 yuan / ton, down 2.28% from last Wednesday (March 9), 0.41% from February 16, and 9.58% year-on-year in a three-month cycle.

The market price of propylene oxide has fallen recently. Last Wednesday, the price of raw propylene was high, the cost support was obvious, the supply was mainly stable, the downstream demand was general, and the price operated strongly under the strong cost support. With the gradual decline of the price of raw propylene, the cost support was gradually weakened, the market supply was abundant, the demand side was cold, and the market price of epoxypropane was low, On the 16th, the mainstream quotation of propylene oxide Market in Shandong was around 11100-11300 yuan / ton.

For upstream propylene, on March 15, the reference price of propylene was 8544.17, up 1.31% compared with March 1 (8433.83).

Downstream propylene glycol, according to the data monitoring chart of business society, on March 15, the domestic propylene glycol market was mainly stable, and the average ex factory price of propylene glycol was 15233 yuan / ton, which was basically the same as that of the previous working day.

The propylene oxide analyst of business agency believes that at present, the price of raw material propylene has fallen, the cost support has weakened, the supply side has more negative operation, the downstream demand performance is cold, and the market trading in some regions has been delayed and limited. It is expected that the propylene oxide market may be calm and wait-and-see in the short term.

1、 Price trend

According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1363 yuan / ton on March 7 and 1816 yuan / ton on March 15. The price of ammonium sulfate increased by 33.25%.

2、 Market analysis

Recently, the price of ammonium sulfate has risen continuously, with an increase of 300-600 yuan / ton, and the market rebounded strongly. As the price of urea at home and abroad continues to rise, it is good for the market of ammonium sulfate. Downstream enterprises purchase intensively, the atmosphere in the venue heats up rapidly, and the industry is mostly bullish. At present, the supply of ammonium sulfate is tight. This week, the bidding price of coking grade ammonium sulfate enterprises increased significantly, and the internal grade ammonium sulfate also rose rapidly, but the downstream still has a mentality of resistance to the high price ammonium sulfate. As of March 15, the factory quotation of coking grade ammonium sulfate and mainstream ammonium sulfate in Shandong is about 1820 yuan / ton. The mainstream factory quotation of ammonium sulfate in Hebei is about 1800 yuan / ton. Hexene grade ammonium sulfate, the factory quotation in Shandong is 1750-1850 yuan / ton.

Recently, due to the continuous rise of urea price, the resistance in the downstream of urea has been strengthened, and the rise of urea has driven the sharp rise of ammonium sulfate Market. At present, the supply of urea is sufficient, and urea will mainly rise slightly in the future. This week, the downstream compound fertilizer was put into operation at a high level. Due to the sharp rise of compound fertilizer raw materials, compound fertilizer enterprises mostly take a wait-and-see attitude. Most enterprises suspend collection and quotation. Under the pressure of cost, the short-term compound fertilizer market is mainly consolidated, waiting for the information guidance.

3、 Future forecast

The ammonium sulfate analyst of the business agency believes that with the advent of spring ploughing and the peak season of domestic fertilizer use, dealers are actively taking goods. The bullish atmosphere in ammonium sulfate field is strong, and the demand side is waiting for continuous follow-up. The rise of urea is good for the market of ammonium sulfate. Ammonium sulfate is expected to continue the upward trend in the short term, but it is already at a high level and the rising space is limited. High level vibration operation is the main.