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The market price of isopropanol decreased this week (3.11-3.18)

1、 Price trend

 

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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.

 

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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.

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The market price of propane first fell and then rose

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.

 

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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.

 

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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.

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Domestic sulfur prices rose broadly this week (3.12-3.18)

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.

 

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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

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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.

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The domestic epoxy resin market continues to be depressed (3.11-18)

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.

 

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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.

 

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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.

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The price of raw materials fell, and the price of DOP fell sharply

DOP prices fell sharply this week

 

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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

 

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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.

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Propylene oxide market price fell (3.9-3.16)

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.

 

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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.

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The price of ammonium sulfate increased by 33.25% in seven days

1、 Price trend

 

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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.

 

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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.

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The market price of propane fell sharply

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 7163.25 yuan / ton on March 6 and 7438.25 yuan / ton on March 14. The decline rate in the week was 3.32%, an increase of 62.93% compared with the same period last year.

 

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As of March 14, the mainstream prices of propane in different regions in China are as follows:

region . March 14th

East China . 6850-7350 yuan / ton

North China 6800-7200 yuan / ton

Shandong region . 6850-7000 yuan / ton

Northeast China . 6900-7000 yuan / ton

This week, the domestic propane Market as a whole showed a rising and falling trend. The decline of Shandong propane market was greater than the increase, and most of the prices fell back below 7000 yuan / ton. Driven by the rise of international crude oil in the early part of the week, Shandong propane market continued to rise, mainly upward. In the late part of the week, the international crude oil fell significantly, with a bad market mentality, coupled with the obvious resistance of the downstream to high prices, poor enthusiasm for entering the market, weak market trading atmosphere, blocked manufacturers’ shipments and obvious price drop.

 

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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 international crude oil continues to fluctuate, which brings limited support to the market. The lower reaches have limited ability to accept high prices, are cautious and wait-and-see, while the southern and northern markets are dominated by weakness. It is expected that the price of propane market may still fall in the short term.

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The price of monoammonium phosphate continued to rise, and the price of diammonium phosphate was adjusted at a high level (3.7-3.11)

1、 Price trend

 

According to the bulk list data of business society, the average ex factory price of 55% powdered monoammonium was 3233 yuan / ton on March 7 and 3250 yuan / ton on March 11. The price of monoammonium phosphate rose by 0.52% this week.

 

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According to the bulk list data of business society, the average ex factory price of 64% diammonium phosphate was 3645 yuan / ton on March 7 and 3645 yuan / ton on March 1. The price of diammonium phosphate was stable this week.

 

2、 Market analysis

 

Monoammonium phosphate market continued the upward trend this week. As the price of raw materials continued to rise and the cost side continued to exert pressure, the quotation of monoammonium phosphate enterprises increased and the focus of transaction shifted upward. Most enterprises suspended or received a small amount of orders. In the short term, the price of raw materials may continue to rise, and monoammonium will continue to operate at a high level. At present, the mainstream factory quotation of 55 powder ammonium in Henan is about 3300 yuan / ton, the mainstream factory quotation of 55 powder ammonium in Anhui is about 3400 yuan / ton, and the mainstream factory quotation of 55 powder ammonium in Hubei is about 3200 yuan / ton. The actual transaction can be negotiated.

 

The market of diammonium phosphate was adjusted at a high level this week. At present, there is a large amount of diammonium to be sent and there are sufficient orders. With the rise of raw materials and the increase of cost pressure, most enterprises suspend quotation and order receiving, and mainly issue early orders. The fertilizer for spring ploughing is increased, and the downstream is purchased on demand. The order is received carefully. The factory quotation of 64% mainstream diammonium in Hubei is 3600-3650 yuan / ton, that of 64% mainstream diammonium in Yunnan is 3500-3600 yuan / ton, and that of North China is 3750-3850 yuan / ton. The actual transaction is negotiated.

 

The price of raw phosphate rock rose this week. At present, the reference average price in the mainstream areas of 30% grade phosphorus ore in China is around 726 yuan / ton. With the arrival of spring ploughing and sowing season, the downstream of phosphate rock ushers in the peak demand season, the demand performance is good, the on-site trading atmosphere is active, the supply of phosphate rock is more tight, and the intention of mining enterprises to support the price is enhanced. On March 10, domestic mining enterprises in Guizhou and Guangxi raised the market price of medium and high-end phosphorus ore one after another. Among them, the 30% grade phosphorus ore in Guizhou increased by 10-20 yuan / ton, and the low-end price in the field continued to decrease.

 

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The price of raw sulfur continued to rise this week. On March 8, the price of sulfur in East China increased by 15.97% over a single day. At present, the sulfur market is operating at a high level, and individual domestic refineries follow up. The price adjustment range is generally 200-350 yuan / ton. The sulfur market is operating strongly. The reason for the sharp rise is mainly due to the high level of the port market. It is difficult to find the supply of goods in the port. The cargo holders are reluctant to sell, and have a strong intention to rise. The mentality of domestic refineries is positive. Coupled with the steady progress of the downstream phosphate fertilizer market, the price of solid-liquid sulfur runs at a high level.

 

3、 Future forecast

 

The ammonium phosphate analyst of business society believes that at present, due to the rising trend of ammonium phosphate raw materials and the increasing pressure of enterprises, the manufacturers increase the price according to the trend. Downstream procurement is cautious, focusing on just demand. It is expected that in the short term, the price of Monoammonium will continue to rise steadily, and the price of diammonium will be adjusted and operated at a high level, mainly maintaining the ex factory price in the early stage. It is suggested to pay attention to the changes of raw material market.

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Downstream wait-and-see yellow phosphorus price reduction this week (3.3-3.10)

1、 Price trend

 

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According to commodity data monitoring, the price of yellow phosphorus in Yunnan and Guizhou decreased. The average price of yellow phosphorus was 39333.33 yuan / ton last Thursday and 36250 yuan / ton this Thursday. The price decreased by 7.84% during the week.

 

2、 Market analysis

 

Yellow phosphorus prices fell this week. The focus of the overall market is downward, and the manufacturer mainly sends early orders. The lower reaches are more resistant to the high price of yellow phosphorus, the transaction of new orders is limited, the wait-and-see mood is strong, the inquiry is general, the demand is just the main, and you can take it with you. Up to now, the mainstream quotation of yellow phosphorus is about 34000-36500 yuan / ton.

 

In terms of phosphate rock, as of March 10, 2022, the reference average price in the mainstream areas of 30% grade phosphate rock in China is around 726 yuan / ton. Compared with March 1 (the ex factory price of phosphate rock is 710 yuan / ton), the average price has increased by 16 yuan / ton, or 2.35%. As the traditional peak season is approaching, the demand for phosphate fertilizer and other fertilizers downstream of phosphate rock terminal will further increase, and the downstream demand support and supply side will continue to be tight. The phosphate ore data division of business society believes that in the short term, China’s domestic phosphate ore market will continue to be dominated by high-level and strong operation.

 

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In terms of coke, on March 10, the coke market of Shandong Port operated stably, medium and strong, and the price rose slightly. At present, the ex warehouse price of mainstream spot exchange of quasi primary coke in the port is 3500-3550 yuan / ton, with little change in inventory. The inquiry in the port market is good, the market mentality is strengthened, and the mentality of reluctant to sell is strengthened. Hebei Xingtai coke market price, the mainstream price of quasi primary metallurgical coke is 3280 yuan / ton, 400 yuan / ton higher than last month. As for the market price of Baotou coke, the mainstream price of secondary metallurgical coke was 3100 yuan / ton, unchanged from the previous trading day and 400 yuan / ton higher than the same period last month. Ordos coke market price, the mainstream price of secondary metallurgical coke was 2960 yuan / ton, flat compared with the previous trading day, up 400 yuan / ton compared with the same period last month.

 

In terms of phosphoric acid, the market price of phosphoric acid rose first and then fell this week. At present, the price of raw materials has been lowered, the cost support has been gradually weakened, the downstream just needs to take goods, and the sporadic high-end prices have fallen. It is expected that the phosphoric acid will be weak in the short term.

 

3、 Future forecast

 

According to the yellow phosphorus analyst of the chemical branch of business society, the price of yellow phosphorus fell this week, the downstream was more resistant to the high price of yellow phosphorus, was cautious in receiving orders, and the overall market demand weakened. The price of upstream phosphate rock increased slightly, the coke market operated stably, moderately and strongly, and the cost support was acceptable. It is expected that the price of yellow phosphorus will be mainly weak in the short term, and the downward range is limited.

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