In May, the dichloromethane market rose first and then fell, with an overall upward trend. According to the monitoring data of the business community, the price of dichloromethane was 3630 yuan / ton at the beginning of the month, then rose to 4263 yuan / ton on May 17, and dropped to 3833 yuan / ton at the end of the month. Overall, the end of the month was 5.60% higher than the beginning of the month.

At the beginning of this month, the overall start-up of methane chloride plant was slightly lower, the spot supply of dichloromethane was tight, and the price went up; In the middle and late ten days, on the one hand, some enterprises started to upgrade their plants, and the new production of Jiangsu Fuqiang methane chloride plant hit the dichloromethane supply side to a certain extent; On the other hand, the downstream slightly resisted the high price of dichloromethane, and the price of dichloromethane rose and fell in the middle and late ten days. However, the overhaul of Jiangsu Liwen plant at the end of the month boosted the supply pressure of dichloromethane to a certain extent, supporting the high price of dichloromethane. According to the business news agency, as of the end of May, more than 90% of Jinling Dongying’s methane chloride plant had been maintained, Jinmao’s methane chloride plant was being shut down, Dongyue started at full capacity, and Luxi started at about 80%. In the middle of the month, the factory price of dichloromethane was lowered and the overall situation remained high and firm after releasing the risk.

On the one hand, film, diluent, foaming agent and other downstream still have a certain rigid demand, which also form a certain support for dichloromethane. However, in the middle and lower reaches, the resistance to high price dichloromethane increased, and the transaction was weak. In the middle and late ten days, the ex factory price of methane chloride manufacturers decreased moderately.

The price of raw materials returned to a high level, and the cost side was strongly supported. In May, the price of liquid chlorine showed a V-shaped trend, with a downward trend in the middle of the month and a rebound at the end of the month. The cost side had a certain drag and support. The overall methanol price is in the trend of rising first and then falling, and the cost side has a certain support. According to the business news agency, the mainstream ex factory price of liquid chlorine for tank cars in Shandong Province dropped from 1750 yuan / ton at the beginning of May to 1150 yuan / ton in the middle of May, and rose to 2050 yuan / ton at the end of the month; The price of methanol increased from 2560 yuan / ton at the beginning of the month to 2672 yuan / ton at the end of the month, with an overall slight increase of 4.38%.

Business community methane chloride data analysts believe that at present, the domestic dichloromethane market risk release is completed in the early stage, the current cost side, supply and demand side are supported, and it is expected that the price of dichloromethane will be high and firm in the near future.

According to statistics, the price trend of domestic fluorite continued to decline in May. By the end of the month, the average price of domestic fluorite was 2622.22 yuan / ton, 1.46% lower than the price of 2661.11 yuan / ton at the beginning of the month, and 1.26% lower than the same period last year.

In May, the price trend of fluorite declined. Recently, the manufacturers reported that the order situation of fluorite was general, the shipping situation of the merchants on the floor was normal, the supply of fluorite on the floor increased, and the price trend of fluorite on the floor dropped. Domestic fluorite manufacturers have been operating stably. The start-up of mines and flotation units in the fluorite yard has increased. The delivery of fluorite in the fluorite yard is general, and the fluorite market price has declined. By the end of May, the price of 97 fluorite wet powder was 2400-2500 yuan / ton in Inner Mongolia, 2500-2600 yuan / ton in Fujian, 2500-2600 yuan / ton in Henan and 2400-2600 yuan / ton in Jiangxi, Recently, the domestic fluorite price has dropped slightly.

The market price of hydrofluoric acid in the downstream of fluorite declined slightly. By the end of the month, the domestic market price of hydrofluoric acid was 10180 yuan / ton, with a decrease of 3.56% in May. The decline of hydrofluoric acid market price trend had a negative impact on the upstream fluorite market, and the price trend of fluorite declined. In May, the market of domestic refrigerants rose slightly. Recently, the sales situation of the automobile industry is normal. The market of refrigerants has risen slightly. The demand is mainly based on demand. The trend of the refrigerant industry has not changed much. The market of various types of refrigerants has not changed much. However, the manufacturers are under pressure in shipment and sales. In addition, the price of raw material hydrofluoric acid has declined, which has lost some cost support, The output of downstream air conditioning is low, the demand is scarce, and the price of refrigerant changes little. On the whole, negative factors dominate the refrigerant market, and the prices of hydrofluoric acid and chloroform are lower, which makes the refrigerant industry under pressure. At present, the load of refrigerant R22 manufacturers is not high, the inventory is in a reasonable range, the market price trend rises slightly, but the downstream receiving capacity is limited, there is a lot of wait-and-see mood, the shipment situation of the goods holders is normal, and the mainstream of on-site negotiations is 16500-17500 yuan / ton. Domestic R134a manufacturers are operating under low load, and the price trend of R134a rises slightly. However, the current demand procurement is the main, the downstream enterprises are not high, and the traders are in a strong wait-and-see mood. At present, the market quotation of refrigerant R134a is mostly in the range of 21000-24000 yuan / ton, but the transaction atmosphere is general, the downstream refrigerant market rises slightly, the price trend of fluorite is supported, and the price decline of fluorite is small.

On the whole, the market of the downstream refrigerant industry has slightly improved. However, the supply of hydrofluoric acid in the market has increased recently, and the price has a downward trend. In addition, the supply of fluorite has increased. Business analyst Chen Ling believes that the fluorite market price may fall slightly in the short term.

Commodity index: on May 31, the polyaluminum chloride commodity index was 93.15, down 1.81 points from yesterday, down 14.55% from 109.01 points (August 28, 2019), the highest point in the cycle, and up 10.47% from 84.32 points, the lowest point on August 18, 2020（ Note: period refers to from April 1, 2019 to now)

The monitoring found that in May 2021, the market of China’s (industrial grade, content ≥ 28%) solid polyaluminum chloride showed a fluctuating upward trend in the early stage, and then turned around and decreased at the end of the month: the domestic mainstream price was 1720 yuan / ton on the 1st, 1756.67 yuan / ton on the 30th, and decreased to 1723.33 yuan / ton on the 31st. Among them, the main influencing factor is the change of raw material price.

Industrial chain: upstream raw materials, hydrochloric acid: business data show that in May, the trend of hydrochloric acid in North China showed a slight upward trend. On the 1st, the mainstream market quotation was 226.67 yuan / ton. On the 17th, the price of hydrochloric acid mixture in Shandong increased by 6.66 yuan / ton, or 2.94%. After that, the price temporarily stabilized around 223.33 yuan / ton. The market of liquid chlorine in the upper reaches is general, which gives weak support to hydrochloric acid. The market of silica and ammonium chloride in the lower reaches is high, which brings certain benefits to the price of hydrochloric acid. In the early stage, the maintenance of enterprises increased, the supply of hydrochloric acid was tight, the purchasing enthusiasm of downstream was good, and the market price of hydrochloric acid in Shandong increased slightly; In the later period, the quotations of some manufacturers fell slightly. Calcium powder: according to the manufacturers in the main production area, the price of polyaluminum chloride was generally increased this month due to the rising prices of hydrochloric acid and calcium powder.

Secondly, natural gas is used in the production process. During the Spring Festival in February, Shandong’s civil gas market was phased. The trend before and after the festival was different. Before the festival, the market was mainly weak, and after the festival, the market took a short roller coaster. In March, the LPG market changed its downward trend and returned to the upward trend, and the civil gas market in Shandong rose significantly; However, in the middle of March, it began to fall continuously, the rising situation was blocked, and the rebound market did not continue; From the end of March, the LPG market was dominated by favorable factors and entered the upward channel again. In April, the LPG civil market continued to rise, and the price kept rising, especially after the Qingming Festival holiday; However, in late April, the price of liquefied petroleum gas for civilian use showed a “slide” market, and remained stable after a 5-6% drop. In May, the LPG market experienced twists and turns, showing an overall upward trend; According to the data monitoring of the business society, the average price of LPG in Shandong market was 4066.67 yuan / ton on the 5th and 4143.33 yuan / ton on the 31st, with an increase of 156.66 yuan / ton. In fact, the highest price of this month was 4306.67 yuan / ton, and the lowest price was 4133.33 yuan / ton, with a maximum amplitude of 4.02%.

Downstream demand: the downstream demand of polyaluminum chloride still has little change. The “carbon peak” and “carbon neutralization” proposed by the two sessions of this year have stricter and long-term sustainability requirements on the environmental protection of production enterprises in various industries. Chemical enterprises have undergone strict environmental inspection, many industries have stopped production from time to time for rectification, and many enterprises need rectification. There should be a certain demand for environmental protection products in terms of environmental protection. Water treatment products are limited due to their application, Compared with atmospheric emissions, the demand for purification products may be slightly lower. According to a number of enterprises, this year’s demand has been average, strict environmental inspection, repeated production stoppage and rectification, enterprises are under great pressure, and small enterprises may be eliminated. So far this month, the production is normal, the inventory is high, and the demand has not changed effectively.

Future forecast: according to the analysis of the business community, the current demand is general and the inventory is sufficient. The price change of polyaluminum chloride mainly depends on the raw material cost. The raw material manufacturers are tight in supply and the price is relatively firm due to maintenance and other reasons. The price of liquefied gas for production fluctuates and rises. The cost of polyaluminum chloride rises compared with the previous period, and the price may temporarily maintain the current price, Follow up pay close attention to the demand situation and the price change of raw material cost.

Near the end of the month, the overall trend of the three major PE spot varieties was mainly weak. This week, the decline of LDPE in East China was the most prominent. HDPE fell first and then stabilized. LLDPE maintained weak consolidation, and businesses followed the market and offered profits. Here are the details:

According to the data monitoring of business news agency, the average ex factory price of LLDPE (7042) in East China was 8333.33 yuan / ton on May 23 and 8333.33 yuan / ton on May 28. The price was stable in the week, down 0.79% from May 1.

According to the data monitoring of business society, the average ex factory price of LDPE (2426h) in East China was 10250.00 yuan / ton on May 23 and 9825.00 yuan / ton on May 28, with a decrease of 4.15% in the week and 11.29% compared with May 1.

According to the data monitoring of business news agency, the average ex factory price of HDPE (5000S) in East China was 9083.33 yuan / ton on May 23, and 9066.67 yuan / ton on May 28. It fell first and then stabilized within the week, with a decline rate of 0.18%, up 0.55% from May 1.

Near the end of the month, the overall trend of the three PE spot markets is still weak, and the ex factory prices are down. This week, LDPE decreased the most significantly, at 150-400 yuan / ton; HDPE is reduced by 100-300 yuan / ton; The adjustment range of LLDPE varieties is 50-300 yuan / ton. As petrochemical enterprises reduce the ex factory price, the confidence in the market is weak. In terms of demand, the current agricultural film production is in the off-season, the follow-up of linear demand is insufficient, and the transaction atmosphere of the market is general. In addition, power rationing in some regions of South China affects the start-up of downstream enterprises, and there is a low expectation of the demand for raw materials. On the supply side, new production capacity resources have entered the market one after another, and the domestic supply has increased significantly, which has also brought some bad news to the market. Merchants actively ship goods, give a small profit to stimulate downstream market purchasing, and the market lacks good guidance.

The recent decline of Liansu futures is obvious, which brings some bad news to the spot market. On May 28, the opening price of polyethylene futures 2109 was 7760, the highest price was 7875, the lowest price was 7655, and the closing price was 7665. The former settlement price was 7820, the settlement price was 7755, down 155, or 1.98%. The trading volume was 688619, the position was 400234, and the daily increase was 42154（ Quotation unit: yuan / ton)

At present, power rationing in some areas of South China has affected the downstream enterprises to start work, and there is a low expectation of raw material demand. Moreover, agricultural film production is in the traditional off-season, and the market demand has weakened. Domestic PE supply is also under certain pressure. Petrochemical enterprises’ lowering of ex factory prices will affect the market mentality. Businesses will follow the market and the prices will be lowered. The market lacks good guidance. It is expected that the PE spot market will still be weak in the short term.

Titanium ore prices continued to rise this month. In some areas, the start-up of titanium ore is still low, the manufacturers have more orders in the early stage, and the market spot supply is tight. Up to now, the price of 46,10 titanium ore from small and medium-sized manufacturers is 2400-2450 yuan / ton; The price of 47 and 20 mines is about 2500 yuan / ton, and that of 38 and 42 mines is 1630-1670 yuan / ton without tax. In the short term, most miners are willing to rise. The spot of titanium concentrate continued to be tight, and some miners were reluctant to sell it. The miners had no intention of shipping at a low price, so the actual price was discussed in a single way.

According to customs data, in April 2021, China imported 367200 tons of titanium ore, with a year-on-year increase of 58.98% and a month on month decrease of 7.27%; The total import from January to April was about 1.3942 million tons, up 37.46% year on year, and the total import from January to April 2020 was about 379900 tons year on year.

In April 2021, China exported 4375.5 tons of titanium ore, with a year-on-year growth of 256.89% and a month on month growth of 81.26%; From January to April, the total export was about 1.43 tons, up 9.92% year on year.

1、 Price trend

According to the monitoring data of the business community, the price of baking soda has been mainly stable in the near future. At present, the average price in the domestic market is 1583.33 yuan / ton. On May 25, the commodity index of sodium bicarbonate was 105.09, which was the same as yesterday. Compared with the highest point of 121.68 (2020-10-21) in the cycle, it decreased by 13.63%, and increased by 19.06% compared with the lowest point of 88.27 on December 22, 2020（ Note: period refers to the period from September 1, 2020 to now

2、 Market analysis

According to the news agency, the price of sodium bicarbonate is stable for the time being, and the shipment in the downstream market is acceptable. At present, the price of sodium bicarbonate in Henan Province is about 1550-1650 yuan, and the downstream demand is acceptable. It is expected that the price will be stable in the near future. The price of baking soda in Hebei is about 1550-1650 yuan / ton, which is the mainstream price in the market, and the downstream demand is acceptable.

In terms of raw materials: according to the monitoring data of the business community, soda ash in North China has been in stable operation temporarily. The current mainstream market price of light soda ash is about 1800-1900 yuan / ton. The downstream glass mainly purchases soda ash on demand. Generally speaking, the price of short-term soda ash is mainly consolidated. Soda ash in East China is in stable operation for the time being. The current mainstream market price of light soda ash is about 1700-1850 yuan / ton, and the downstream glass mainly purchases soda ash on demand. Generally speaking, the price of short-term soda ash is mainly consolidated.

Demand side: downstream medicine, textile and food mainly purchase sodium bicarbonate on demand, and the price of sodium bicarbonate has been consolidated recently. Business analysts think: domestic soda price is mainly stable and small move. The total inventory is still large, but the uneven distribution of inventory still exists. The overall trading atmosphere of soda ash is acceptable, and the enterprises are mainly active in shipping. The rise of glass price has a favorable support for soda ash, but there is still a price game between soda ash and glass, and most of them are in a wait-and-see state for high price. In the short term, soda ash price is still in a small fluctuation. In the downstream, medicine, textile and food mainly purchase baking soda on demand. Generally speaking, the price of baking soda may still maintain a narrow consolidation trend in the short term, depending on the downstream market demand.

According to the data monitoring of business news agency, as of May 21, the average reference price of 30% grade phosphate ore in mainstream areas in China was around 500 yuan / ton, which was basically the same as that on May 15. Compared with that on May 1, the average price increased by 20 yuan / ton, or 4.17%, and compared with that on April 1 (the average reference price of phosphate rock was 446 yuan / ton), the average price increased by 54 yuan / ton, or 11.94%.

In late May, the domestic phosphorus ore market as a whole continued to maintain a high consolidation operation, the overall trading atmosphere of the market was good, the downstream orders were relatively stable, and the shipment of the industry was normal. Guizhou’s phosphorus ore market is in a high level of consolidation and operation. The operating rate of enterprises in Guizhou is low, the inventory of phosphorus ore is low, and the spot supply is tight. Most of Guizhou’s mining enterprises keep a high level of firm quotation, and the market transaction price is generally high. At present, as of the 21st, the quotation of 30% initial high-grade phosphorus ore in Guizhou is about 410-480 yuan / ton, The annual mining capacity of Wengfu Phosphorus Ore enterprise in Guizhou is about 9 million tons. At present, most of them are for their own use, and a small part of them are sold to the outside world. The quoted price of 28% grade phosphorus ore is about 390-400 yuan / ton. The market of phosphate ore in Yunnan is stable. The quoted price of 27% grade phosphate ore supplied by Yunnan phosphate group is about 330-370 yuan / ton.

In terms of downstream yellow phosphorus, the market price of yellow phosphorus in Guizhou increased in late May and 19th. As of 21st, the mainstream price of yellow phosphorus in Guizhou was about 18300 yuan / ton. At present, the quotation of yellow phosphorus market is firm, the transaction price of new orders is high, the spot is tight, and the main manufacturers issue early orders. It is expected that the price of yellow phosphorus will be strong in the short term.

Good trading atmosphere, short-term market strong operation

At present, the overall trading atmosphere of the market is good, and the yellow phosphorus Market in the lower reaches is also slightly pushed up, which is effectively supported by the upper and lower reaches. Therefore, the phosphorus ore analysts of the business community believe that the domestic phosphorus ore market will continue to be strong in the short term.

From May 17 to 21, 2021, the ex factory price of hydrogenated benzene in North China fell. The domestic ex factory price was 8200 yuan / ton at the beginning of the week and 8075 yuan / ton at the end of the week, with a weekly drop of 1.52%.

Price rise and fall of domestic main hydrogenated benzene market from May 17 to 21 (unit: yuan / ton)

Region, May 17 price, May 21 price, weekly rise and fall

East China, 8200., 7750.,-450

Shandong Province, 8200., 7900., and-300

This week (may 17-21), the market price of hydrobenzene in Shandong Province decreased to 8200 yuan / ton at the beginning of the week and 7900 yuan / ton at the end of the week, down 300 yuan / ton.

Price adjustment of Sinopec’s pure benzene (unit: yuan / ton)

Date, adjusted price, adjusted amount

April 30, 7400, + 100

May 7, 7700, + 300

May 10, 8000, + 300

May 12, 8200, + 200

Crude oil and pure benzene fell this week. The domestic pure benzene market was mainly affected by the fundamentals, while the hydrogenation benzene market was mainly affected by the downward price. Downstream styrene market fell this week, limited support for raw materials, East China market negotiation price continued to decline. Affected by the bad fundamentals, the factory price of hydrogenated benzene enterprises decreased, and the manufacturers had a strong shipping mentality.

In the future market, the business community believes that the current fundamentals of bad factors are frequent. Last week, the state required to do a good job in ensuring the supply and stabilizing the price of bulk commodities. Affected by the macro policy, the main players in the futures market last week and Sinopec’s ex factory price of pure benzene are expected to decrease. In general, it is expected that the price of hydrogenated benzene will have downward space in the future market

According to the business news agency’s block data list, the average price of domestic hips on May 21 was 13633.33 yuan / ton, down 2.62% from the beginning of the week and up 5.47% from the beginning of the month.

2、 Market analysis

This week, the hips market first stabilized and then fell, with a downward range of 2.62%. At present, under the guidance of macro policy, the prices of nearly 100 kinds of raw materials have “dived” collectively, and the market has gradually returned to rationality. All plasticizing products have declined to varying degrees. In addition, the styrene market has weakened slightly, and the prices of hips have been reduced accordingly. Compared with last week’s prices, the price offered by the shippers has been reduced by about 400-600 yuan / ton, and the market center has shifted downward. So far, the mainstream prices of PS and hips are 11000-11400 yuan / ton and 13300-14100 yuan / ton respectively. The reference price of Sinopec 660 is 13500 yuan / ton, which is 500 yuan / ton lower than that at the beginning of the week. The reference price of Zhongmei 990 in Zhanjiang is 13300 yuan / ton, which is 600 yuan / ton lower than that at the beginning of the week. The reference price of Saike 622 in Shanghai is 14100 yuan / ton, which is the same as that at the beginning of the week, The reference price of CITIC Guoan 688 was 13650 yuan / ton, which was the same as that at the beginning of the week, and the overall market price went down.

In the international crude oil market, on May 20, the international oil price continued to fall. At present, it has fallen for three consecutive days. The settlement price of the main contract in the U.S. WTI crude oil futures market was $61.94/barrel, down $1.41 or 2.2%. The settlement price of the main contract in Brent crude oil futures market was at US $65.11/barrel, down US $1.55 or 2.3%, mainly due to new progress in US Iran nuclear negotiations, a substantial increase in market supply expectation, and the epidemic situation in India.

Raw materials, May 20, styrene market as a whole light. The US dollar market of styrene in Asia was light as a whole, and there were few offers in the market. The RMB price fell within the day, while the US dollar market tended to wait-and-see, and the focus of individual quotations fell. CFR China closed at 1290-1350, with an average price down 40%; FOB Korea closed at 1270-1330, with an average price down 40%. Unit: USD / T. At present, the cost of styrene is well supported. In the short term, the terminal will continue to go to the warehouse and the inventory will remain low. The volume of tradable trade will be small and the downstream demand will be temporarily stable. It is expected that the styrene market will still be in the shock consolidation stage after the rapid rise and fall in the short term.

3、 Future forecast

According to the business news agency, under the guidance of macro policy, the prices of most plasticizing products have fallen, and the trend of styrene has been slightly tired. The bad news has depressed the prices of hips. It is expected that there will still be downward risks in the short term.

According to the data of the commodity list of the business society, the market price of formaldehyde in Shandong has recently dropped. On May 18, the average price of formaldehyde in Shandong was 1416.67 yuan / ton, and on May 19, the average price of formaldehyde in Shandong was 1387.50 yuan / ton, down 2.06%. The current price is up 3.29% month on month, and 58.27% year on year.

As of May 19, the mainstream market price of formaldehyde in Central China was about 1436 yuan / ton, that in North China was 1320 yuan / ton, that in Northwest China was 1383 yuan / ton, and that in East China was 1419 yuan / ton. Recently, the atmosphere of formaldehyde market is relatively cold, the transaction situation is general, and the formaldehyde market shows a slight downward trend.

Upstream methanol situation: methanol market is mainly volatile, Shandong methanol Lubei market 2580 yuan / ton sent to cash. The methanol market in the southern part of Shandong negotiated to 2720 yuan / ton, and the nearby factory withdraws cash. Linyi receives the local goods to negotiate the price to 2680-2700 yuan / ton and deliver them to the spot exchange, while the logistics goods offer the price to 2600-2630 yuan / ton and deliver them to the spot exchange. The turnover of methanol market in central Shandong was 2600-2610 yuan / ton, which was delivered to cash. The market turnover was light and the negotiation atmosphere was cautious. Methanol market fell slightly, unable to form support for formaldehyde.

At present, the raw material market of the downstream sheet yard continues to be at a high level. Due to the increase of various costs, the start-up of the sheet yard is gradually tightening, the demand for formaldehyde is limited, the atmosphere of formaldehyde trading market is flat, and the formaldehyde market is slightly lower.

Recently, the upstream raw material methanol market showed a fluctuating downward trend, and the downstream plate factory’s willingness to receive goods was cold. Therefore, formaldehyde analysts from the chemical branch of business society predicted that the price of formaldehyde in Shandong would mainly fall in the near future.