According to the price monitoring of the business community, the market price of lithium carbonate in East China has maintained a stable trend in April 2021. As of April 28, the average price of industrial grade lithium carbonate in East China was 86600 yuan / ton, which was 0.46% lower than that at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 87000 yuan / ton on April 1). On April 28, the average price of battery grade lithium carbonate in East China was 90000 yuan / ton, which was 0.66% lower than the average price at the beginning of April (the average price of carbon in East China was 90600 yuan / ton). Until the 28th, the comprehensive price of industrial grade lithium carbonate was in the range of 80000-90000 yuan / ton, and the comprehensive price of battery grade lithium carbonate was in the range of 8500-92000 yuan / ton.

From the observation of market changes, the price of lithium carbonate slightly increased in early April, but the range of change was relatively small, and the quoted prices of most enterprises were basically flat. After a small amount of exploration, the price has been in a stable state, and the stable price has continued until the middle and late April. From the market point of view, lithium carbonate supply enterprises are more willing to support the price, and the price is still stable when the demand is relatively weak. In addition, domestic lithium carbonate will continue to increase from March to may, and the situation of short supply has been significantly improved, so it is difficult to see a sharp rise in price.

Towards the end of April, the price of lithium carbonate began to loosen, and some enterprises had a slight downward trend, but most enterprises still maintained a stable state. At present, the inventory of lithium carbonate enterprises remains stable, and the situation that the downstream market is in short supply has been alleviated. The upstream lithium resources are in a tense state, but it seems that it has no impact on the recent lithium carbonate price.

The price of downstream lithium hydroxide rose in April. The price rise was due to the tight market supply, steady demand, strong offer of goods holders, and hard to find low price goods in the market. In terms of LiFePO4, the overall growth rate was 4.17% in April, with an increase of 2000 yuan / ton. The development trend of new electric vehicles is becoming increasingly apparent. Marine vehicles are developing rapidly, and there is a huge development space in the field of standby power storage. It can be seen that the market position of LiFePO4 will be further improved in the future.

According to the lithium carbonate analysts of business news agency, at present, the price of lithium carbonate has returned to the state of stable consolidation, and the production increment of lithium carbonate has also eased the tension between supply and demand in the early stage. The market is basically in the state of just purchasing. It is expected that the price of lithium carbonate may be in a weak consolidation state in the short term.

Price trend

According to the data monitoring of the business association, the price of acetic anhydride rose all the way in April. On April 27, the price of acetic anhydride rose by 500 yuan / ton in a single day. In April, the price of acetic anhydride soared. The price of acetic anhydride set a record, and the price of acetic anhydride rose to the sky. On April 27, the price of acetic anhydride was 11833.33 yuan / ton, up 26.56% from 9350.00 yuan / ton on April 1. Some manufacturers offer up to 12500 yuan / ton.

Acetic acid price trend

As can be seen from the price trend chart of acetic acid, the price of acetic acid rose sharply in April, and the market of acetic acid rose all the way. It is difficult to determine the schedule for the start-up of Shunda acetic acid plant. The unexpected shutdown of Jiangsu Sopu acetic acid plant resulted in insufficient supply of acetic acid, which stimulated the rise of acetic acid price. In April, the price of acetic acid soared all the way, and the raw material cost of acetic anhydride rose, which pushed the price of acetic anhydride up.

Specific value index of acetic acid and acetic anhydride

According to the monitoring of business news agency, the commodity price index of acetic acid and acetic anhydride on April 26 was 144.32, up 0.43 points from yesterday, down 2.05% from the highest point of 147.34 points (2021-04-11) in the cycle, and up 106.94% from the lowest point of 69.74 points on August 4, 2016（ Note: period refers to the period from January 1, 2015 to now). The prices of acetic acid and acetic anhydride both reached record highs. The price comparison index of acetic acid and acetic anhydride reached record highs on April 11. The price comparison index reached record highs in April, and the driving force for acetic anhydride to rise increased.

Methanol price trend

It can be seen from the methanol price trend chart that the methanol price fluctuated and rose in April, and the methanol rise slowed down in late April. In April, the start-up of methanol enterprises recovered slowly, and the methanol supply increased; Some olefin enterprises in the downstream of methanol are supported by outsourcing, the methanol port inventory is reduced, the support of methanol price rise is limited, the methanol price fluctuation is mainly sorted out, and the support of methanol to acetic anhydride rise is limited.

Market summary and future forecast

Bai Jiaxin, acetic anhydride data analyst of business news agency, believes that the price of raw materials continues to soar, and the cost of acetic anhydride rises sharply, which stimulates the price of acetic anhydride to rise again and again. Some acetic anhydride manufacturers have quoted a sky high price of 12500 yuan / ton, and the actual price of some downstream customers is more than 13000 yuan / ton. Such a high price of acetic anhydride is far beyond the affordability of downstream customers. Some downstream customers of acetic anhydride have stopped production and become more resistant to the high price of acetic anhydride. However, due to the high cost of acetic anhydride and the lack of price reduction space of acetic anhydride, the future market of acetic anhydride is in a dilemma. Overall, the cost of acetic anhydride remains high in the future, and the driving force of acetic anhydride rising is increasing. Downstream customers started to reduce, the resistance to high acetic anhydride is larger, acetic anhydride drop pressure increased. Under the double pressure, it is expected that the price of acetic anhydride will continue to rise in the future, but the rising trend is expected to slow down. Acetic anhydride manufacturers may lower their profit expectations to ensure downstream customers to start.

Trade name: urea

Latest price (April 26): 2170.00 yuan / ton

On April 26, the ex factory quotation of urea in Shandong increased by 3.33 yuan / ton, or 0.15%, compared with the quotation on April 23. The upstream liquid ammonia market has risen slightly recently, and the cost support is good. In the aspect of demand, agricultural demand is mainly sporadic procurement; The start-up load of downstream compound fertilizer and rubber sheet plants increased slightly, and most of them followed the market. Supply side: at present, the operating rate of urea enterprises is about 70%, with a decrease, and the daily output is about 150000 tons. Urea plant maintenance, supply side tightening.

In the future, it is expected that the short-term urea market will fluctuate slightly and rise mainly: the average price quoted by the manufacturer is about 2200 yuan / ton.

Price trend

According to the data monitoring of business news agency, the DOP market rebounded this week, and the DOP price rose sharply. As of April 25, the DOP price was 12125.00 yuan / ton, up 4.75% from 11575.00 yuan / ton on April 18 last weekend. DOP market rebounded and rose this week, and DOP price climbed to the peak again.

Isooctanol tends to stabilize

It can be seen from the price trend chart of isooctanol that the price of isooctanol rebounded from the bottom in April and rose sharply. This week, the price of isooctanol rose sharply, the cost of DOP raw materials rose sharply, the downward pressure of DOP decreased, and the upward momentum increased. DOP market has the support of rising.

Phthalic anhydride tends to be stable

It can be seen from the trend chart of phthalic anhydride that the price of phthalic anhydride fluctuated and rose in April. This week, the price of phthalic anhydride rose sharply, the price of raw material phthalic anhydride of DOP rose, the cost of DOP rose, and the upward pressure of DOP in the future increased.

Market summary and future expectation

Bai Jiaxin, DOP data analyst of business society, believes that the prices of raw materials phthalic anhydride and isooctanol rose sharply this week, DOP costs rose, DOP market rose, PVC market fluctuated and maintained stability, PVC demand was stable, and downstream industry chain had certain support. Overall, the prices of phthalic anhydride and isooctanol rose sharply, the cost of DOP rose, the downstream PVC market was stable, and the DOP rise was supported greatly. It is expected that the DOP price will rise in the future.

According to the data monitored by the business community, as of April 23, the average price of domestic general transparent and premium PMMA products was 16800.00 yuan / ton, and the market maintained stable operation. The quotation range of mainstream manufacturers was 16000-17500 yuan / ton, with a large price span, and the downstream just needed to purchase.

PMMA is mainly used in the electronics industry and construction industry. In recent years, due to the sharp increase in the output of flat-panel TV sets and the rapid growth in the demand for vehicle mounted LCD, PMMA has great potential. The upstream phenol Market is strong, the market focus is about 9000 yuan / ton, the quotation of the on-site shippers is high, the delivery pressure is not big, the price is mainly increased, and the supplier’s delivery is flat.

Rubber and plastic index: on April 22, the rubber and plastic index was 793 points, down 3 points from yesterday, down 25.19% from 1060 points (2012-03-14), the highest point in the cycle, and up 50.19% from 528 points, the lowest point on April 6, 2020（ Note: period refers to the period from December 1, 2011 to now

Business community PMMA analysts believe: in the short term, PMMA prices maintain a stable trend, supply and demand balance（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.

1、 Price trend

According to the monitoring data of the business agency, the average price of domestic ammonium sulfate was 906 yuan / ton on April 12 and 906 yuan / ton on April 16, which was stable this week.

2、 Market analysis

The price of ammonium sulfate is stable this week. Coking grade ammonium sulfate is stable at a high level, and domestic grade ammonium sulfate Market is strong. By the end of the week, the mainstream ex factory price of coking grade ammonium sulfate in Shandong was 800-850 yuan / ton, that in Hebei was 770-830 yuan / ton, that in Shanxi was 750-840 yuan / ton, and that in Northeast was 700-800 yuan / ton.

The downstream compound fertilizer market is stable this week. The raw materials of compound fertilizer run at a high level, the cost support is favorable, and the trading atmosphere is not strong. At present, the demand for ammonium sulfate is general, and most of them are purchased on demand. The market is mainly wait-and-see, and the demand needs to be improved.

3、 Future forecast

Business agency ammonium sulfate analysts believe that the current demand for coking grade ammonium sulfate is not large, the transaction is general. There is still a conflict between the lower reaches and the price, so they buy on demand. It is expected that in the short term, ammonium sulfate will be mainly in high-level consolidation operation.

Trade name: nitrile rubber

Latest price (April 20): 21900 yuan / ton

Key points of analysis: according to the monitoring of business news agency, the domestic price of NBR was 21900 yuan / ton on the 20th, down 1.50% compared with the previous day. On the one hand, the price of butadiene is at a low level and the cost is short. According to the business news agency, as of April 20, the price of butadiene was 6696 yuan / ton, down 9.69% from the beginning of April. On the other hand, after the festival, the demand of some downstream products factories was general, the inquiry was light, and the market merchant’s shipment was the main, and the offer was lowered. According to the monitoring of business news agency, on the 19th, the mainstream of Lanhua’s nitrile 3305 market was 20800 ~ 21300 yuan, the mainstream of Nandi 1052 market was 24500 ~ 25000 yuan / ton, the mainstream of Russia’s 3365 market was 19000 ~ 19200 yuan / ton, and the mainstream of South Korea’s lg6250 market was 20000 ~ 20500 yuan / ton.

Future forecast: the cost side is lower and the demand side is weaker. It is expected that the market price of NBR will remain weak in the short term.

From April 12 to 16, 2021, the ex factory price of hydrogenated benzene in North China decreased. The domestic ex factory price was 6575 yuan / ton at the beginning of the week and 6550 yuan / ton at the end of the week, with a weekly drop of 0.38%.

Price rise and fall of domestic main hydrogenated benzene market from April 12 to 16 (unit: yuan / ton)

Region.. price on 12th, price on 16th, weekly rise and fall

Shandong area. 6600. 6550. – 50

This week (April 12-16), the market price of hydrobenzene in Shandong Province fluctuated slightly, with 6600 yuan / ton at the beginning of the week and 6550 yuan / ton at the end of the week, down by 75 yuan / ton.

In April 2021, Sinopec’s pure benzene listing price was raised four times, and now it is 7000 yuan / ton, among which Qilu Petrochemical is 6800 yuan / ton, and this week it is raised once, with a total of 150 yuan / ton.

At the beginning of the week, affected by the poor performance of styrene downstream of pure benzene, the price of domestic pure benzene market mainly declined, while the price of hydrogenated benzene followed the downward trend. Near the weekend, as the crude oil market continued to develop, styrene futures prices strengthened, and pure benzene prices rose. Sinopec’s pure benzene ex factory price rose on Thursday, which brought better support to the market. The market price of hydrobenzene rose slightly.

The business news agency believes that the international crude oil price is strengthening on the fundamentals, and Sinopec’s pure benzene factory price is rising again, which is good for the fundamentals of the hydrogenated benzene market and has good support. It is expected that the hydrogenated benzene market will have some room to make up this week.

Recently, the domestic methanol spot market rose again. According to the monitoring of the business agency, as of April 16, the average price of domestic methanol manufacturers in Shandong was 2390 yuan / ton, with a month on month drop of 1.44% and a year-on-year rise of 33.71%. This week, the methanol market was weak first and then strong, mainly due to the increase of supply expectations, which depressed the mentality of the industry. However, the mainland and port inventory decreased, and some olefin outsourcing supported the late mentality.

The methanol market first fell and then rose, with excessive supply and prominent contradiction between supply and demand, which led to weak operation of domestic methanol market. However, due to the decrease of inventory in the mainland and ports, the support mentality of some olefin outsourcing, and the upward trend of futures market, the domestic spot market price kept rising. Due to the low inventory of Northwest enterprises in the main production area and the support of methanol extraction from some olefin plants, some upstream enterprises have a strong mentality.

Summary of methanol market prices by Region as of April 16:

Region, price

Qinghai area: RMB 1920-1980 yuan / ton

RMB 2200 / T factory cash in Shanxi

Liaoning Province: 2280-2330 yuan / ton

Fujian area: 2650-2660 yuan / ton

Ex factory reference 2310-2360 yuan / ton ex factory cash

Anhui Province: 2380-2400 yuan / ton

RMB 2280-2285 / T in Henan

On the downstream side, the dimethyl ether Market was operating in a narrow range with general trading atmosphere. MTBE market continued to rise, with an increase of 50-100 yuan / ton. The formaldehyde market is stable and falling. The upstream methanol is up in a narrow range, which is strongly supported by the cost side. The regional rise of domestic acetic acid market continued.

In terms of external market, as of April 15, the closing price of CFR China methanol was 293.00-294.00 US dollars / ton, up 2 US dollars / ton; CFR Southeast Asia methanol was 370.00-371.00 US dollars / ton. US Gulf methanol closed at 120.00-121.00 cents / gallon; FOB Rotterdam methanol closed at 320.00-321.00 euros / ton.

Region, country, closing price, up and down

Asian CFR China $293.00-294.00/t $2 / T

Asia: US $370.00-371.00/t US $6.5/t

Europe and the United States ﹣ U.S. Gulf ﹣ 120.00-121.00 cents / gal ﹣ 0 cents / gal

Europe – FOB Rotterdam – 320.00-321.00 euro / ton – 0 euro / ton

In the future, in terms of spot, the inventory of Northwest enterprises is not high. In addition, some olefin plants are supported by methanol production, and some upstream enterprises have a strong mentality. In the later stage, the marginal supply tends to increase, while the marginal demand has no obvious change. Business community methanol analysts expect that the domestic methanol market in the short term consolidation.

Recently, the domestic asphalt market was sorted out. According to the monitoring data of the business agency, as of April 14, the average spot price of domestic asphalt was 3093 yuan / ton, which was stable compared with the previous day’s average price. The price fell 4.03% month on month and increased 36.57% year on year. Today, the domestic asphalt futures prices rose sharply, or more than 3%, which seems to be positive. However, the downstream demand for asphalt is still weak, and the domestic asphalt spot market is still dominated by consolidation shocks in the short term.

According to statistics, today’s domestic asphalt operating rate has dropped more than yesterday, and some people in the industry hold a positive wait-and-see attitude. However, the downstream demand for asphalt is relatively weak, and the southern region is still affected by rainfall, so it is difficult to further drive up the asphalt price.

In the future, in the short term, inventory pressure and demand recovery will slow down, which will affect the market. Business community asphalt analysts expect that the domestic asphalt market will be mainly in a narrow range.