Monthly Archives: March 2021

The price trend of mixed xylene follows the fluctuation of crude oil (March 22-28)

1、 Price trend

 

Azodicarbonamide (AC foaming Agent)

According to the business news agency’s block list data, the price of mixed xylene continued to decline this week. On March 21, the price of mixed xylene was 5550 yuan / ton; on this Sunday (March 28), the price was 5487.5 yuan / ton, down 62.5 yuan / ton or 1.13% from last week.

 

2、 Analysis and comment

 

This week, Sinopec’s mixed xylene price adjustment range is – 300 / – 100 (yuan / ton). Affected by the sharp rise and fall of crude oil, the mixed xylene spot market price fluctuated mainly in the week. Follow up the weak side and maintain the downstream demand. Xylene stocks in ports in East China rose slightly this week, while those in ports in South China fell. In terms of external market, as of March 26, the price of South Korea’s imported mixed xylene was 733 US dollars / ton, up 23 US dollars / ton or 3.24% on March 19, and the reference price of domestic imported mixed xylene was 750 US dollars / ton, up 23 US dollars / ton or 3.16% on March 19.

 

In terms of crude oil, this week’s crude oil showed a “W” trend. Under the long short game, it experienced many ups and downs. Good news: within the week, it was reported that a freighter ran aground in the Suez Canal. The channel may be blocked for several weeks, and crude oil transportation will be blocked. Bad news: US commercial crude oil inventories increased for five consecutive weeks; US bond yields continued to rise; severe epidemic in Europe and India, new round of blockade measures implemented in many places, resulting in weak crude oil demand. On March 19, Brent rose 0.08 USD / barrel, or 0.13%; WTI fell 0.48 USD / barrel, or 0.78%.

 

Downstream, PX market, the domestic p-xylene ex factory price this week was more stable than last week, the price was 6700 yuan / ton, up 42.55% over the beginning of the year and 34% over the same period last year. The supply of goods in the yard is normal, and the goods are in good condition within a week. As of the 26th, the closing prices in Asia were 795-797 USD / T FOB Korea and 813-815 USD / T CFR China.

 

In terms of PTA market, the price of PTA in East China fell in shock this week, with the price at 4507.27 yuan / ton on March 21 and 4397.8 yuan / ton on March 28, down 2.43% from last week and up 32.2% from the same period last year. As of March 25, PTA operation rate was 82.61%.

 

In terms of ox market, the price of ox fell this week compared with last week. On Sunday, the price of ox in East China was 5700 yuan / ton, down 8.06% compared with last week and up 32.56% compared with the same period last year. The external quotation of o-benzene fluctuated and fell; the cost fluctuated and adjusted; the downstream market fell, and the demand was mainly rigid demand. O-benzene trading enthusiasm in general, o-benzene market fell.

 

3、 Future forecast

 

Xylene analysts from business society chemical branch think: first, look at the supply cost side, the implementation of OPEC + production reduction, the total number of oil drilling platforms in the United States, and weekly EIA and API inventory data. Second, on the demand side, the impact of the global epidemic on crude oil demand, the progress of industrial chain recovery, and the economic and trade situation in Europe and the United States. Third, look at the geopolitical situation in the Middle East, China and the United States, the progress of new technology, the dollar index and stock market linkage.

 

At present, the price of mixed xylene mainly fluctuates in the trend of crude oil. Pay attention to the OPEC + meeting and discuss the new decision on reducing production. On the demand side, the delivery is near the end of the month and the replenishment before the festival, and the downstream market purchasing is concerned. We will continue to pay attention to the trend of international crude oil, the arrival volume of mixed xylene, the dynamic of domestic enterprises and the impact of downstream demand changes on the price of mixed xylene.

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China’s domestic adipic acid price stabilizes at a high level this week

Near the weekend, the domestic adipic acid market is mainly stable, has experienced the early rise market, now stop rising and stabilize. The price of adipic acid this week was basically the same as last week, and the price of dealers in some areas rose tentatively, but there were few high price transactions, and most dealers quoted rationally. At the end of the month, domestic manufacturers settled accounts one after another, and the normal operation rate of the plant was maintained, about 80-90%. The inventory pressure of manufacturers was general. In the later stage of the market, the stock may gradually accumulate, the downstream demand is general, and the dealers’ delivery is generally lower than the level in the first ten days of March. It is expected that high price support may be unsustainable, and the cost side: pure benzene has continued to decline since its peak in March, with a decline of more than 6% so far in March. The upstream cost support has weakened, and it can not be ruled out that it will be transmitted to adipic acid later.

 

In terms of local markets:

 

The adipic acid Market in East China is stable, with some enterprises over reporting to around 12000 yuan / ton. Generally speaking, there is room for profit. The on-site inquiry is normal, and the high price transaction is mostly on the lookout. At present, the market quotation is uneven, the manufacturer’s inventory pressure is general, the shipment is normal, and some dealers are reluctant to sell. Today’s market mainstream prices are: acceptance prices of 11200-11500 yuan / ton in Shandong and 11400-11700 yuan / ton in Jiangsu. Most of the downstream products are purchased from rigid demand, and the demand has stabilized. The market price is expected to be high in the near future, so it is unlikely to continue to rise.

 

The price of adipic acid in South China remains at a high level. At present, the price of adipic acid is mainly stabilized, and the dealer’s offer is still high. At present, the price of adipic acid in South China is more than 11500 yuan / ton, and some of them are about 12000 yuan / ton. At present, the market quotation is chaotic, with few high price transactions and general inventory pressure of manufacturers, which gradually transfers to dealers’ inventory. Today’s market mainstream prices are 11300-11800 yuan / ton acceptance price of Shandong source, 11500-12000 yuan / ton acceptance price of Jiangsu source, and most of the downstream products are purchased from rigid demand.

 

In the future, from the perspective of adipic acid fundamentals, the market supply pressure may rise in the later stage, mainly due to the increase of shipping pressure of enterprises, the slowdown of downstream procurement, and the high price may lead to the accumulation of storage. It is not expected that adipic acid will continue to rise, so the possibility of price falling is not ruled out.

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Double positive: calcium carbide prices hit a 10-year high

1、 Price trend

 

EDTA

After the Spring Festival, the price of calcium carbide is climbing, ushering in a 10-year high. The price rise of calcium carbide can be divided into two stages. Before March, the main reason for the rise in the price of calcium carbide was the closure of large foreign PVC factories, the sharp increase in PVC exports, the rising demand and the price of PVC, which led to the rise in the price of calcium carbide. The price of calcium carbide increased by 16.94% from 3050.00 yuan / ton on February 18 to 3566.67 yuan / ton on March 1. After March, the price of calcium carbide rose mainly because of the strict “double control of energy consumption” policy in Inner Mongolia, the power limitation and shutdown of calcium carbide plants, the sharp drop of supply, the shortage of calcium carbide and the sharp rise of calcium carbide price. The price of calcium carbide increased by 43.46% from 3566.67 yuan / ton on March 1 to 5116.67 yuan / ton on March 21. As of March 21, the calcium carbide commodity index of Shangshe was 134.06.

 

2、 Market analysis

 
Price changes of shenmulan charcoal after 2000

February 18 – March 1 – March 19

Small material: 890 yuan / ton; 720 yuan / ton; 720 yuan / ton

Medium material: 980 yuan / ton 800 yuan / ton 800 yuan / ton

Large material: 980 yuan / ton 860 yuan / ton 860 yuan / ton

 

From the perspective of upstream and downstream industry chain:

 

From the perspective of the upstream industry chain, the market of shenmulan charcoal dropped slightly after the year. The quotation of small materials fell from 890 yuan / ton on February 18 to 720 yuan / ton on March 19, down 170 yuan / ton. The quotation of Chinese materia medica fell by 180 yuan / ton from 980 yuan / ton on February 18 to 800 yuan / ton on March 19. The price of bulk materials dropped from 980 yuan / ton on February 18 to 860 yuan / ton on March 19, down 120 yuan / ton. Upstream raw material market prices fell slightly, affected by the supply and demand side, which had a negative impact on the price of calcium carbide.

 

From the point of view of the downstream industry chain, the ex factory price of PVC will rise sharply after the year. The price of PVC increased by 19.26% from 7400.00 yuan / ton on February 18 to 8825.00 yuan / ton on February 24. Then it fluctuated at a high level, with an amplitude of about 2%. Finally, in the middle of March, the price of calcium carbide converged to about 8900 yuan / ton. Downstream PVC prices rose sharply, operating rate rose to about 90%, downstream customers’ demand for calcium carbide rose, and purchasing enthusiasm increased. Pay more attention to PVC market in the future.

 

Price adjustment of large factories: on March 19, Shaanxi aoweijianeng offered 5150 yuan / ton of calcium carbide, an increase of 1900 yuan / ton compared with February 18; on March 19, Ningxia Xingping fine chemical offered 5000 yuan / ton of calcium carbide, an increase of 2200 yuan / ton compared with February 18; on March 19, Wuhai Zhonglian offered 5200 yuan / ton of calcium carbide, an increase of 2100 yuan / ton compared with February 18.

 

From the perspective of the upstream and downstream industrial chain, the cost is bad, the supply and demand are good, the supply of calcium carbide is short of demand, and the price of calcium carbide rises sharply after the year.

 

3、 Future forecast

 

Inner Mongolia’s policy is strict, and there is no sign of easing at the end of the month. The power supply is limited and the furnace is shut down, and the supply of calcium carbide is still insufficient. The downstream PVC market is not strong enough, and with the resumption of large foreign PVC factories, the domestic PVC construction may decline, and the demand for calcium carbide may be reduced. According to the calcium carbide data division of business society, the price of calcium carbide has a slight fluctuation recently, with an amplitude of about 1%. The calcium carbide market may usher in an inflection point at the end of March and the beginning of April.

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Ethyl acetate prices fell slightly

This week (3.15-19), after peaking last week, the domestic ethyl acetate Market eased slightly this week. According to the monitoring of business society, the production price of ethyl acetate in East China was 8875 yuan / ton, with a decline of 0.56% this week.

 

In terms of the upstream acetic acid market, the trend of acetic acid going out peaked. The prices in East China, North China and other regions declined slightly. In Anhui Province, large plants resumed production, production increased slightly, supply side was bad, manufacturers’ inventory pressure generally increased, quotation was loose, and the market price fell.

 

This week, the domestic market of ethyl acetate softened. On the one hand, affected by the repair and production of large plants and the increase of supply, the manufacturers gradually accumulated the stock and increased the pressure. Some manufacturers, such as Jiangyin Baichuan, loosened the price. In addition, the terminal performance is not good, downstream orders decline, scattered small solitary. However, the demand of downstream terminals continued to disperse, and small orders were mainly purchased, while East China, North China and South China all declined to varying degrees.

 

In the future, due to the short-term supply pressure, the price of ethyl acetate is easy to fall but difficult to rise. However, after the overhaul of jinyimeng plant this week, the supply pressure will be relieved in the later stage, and the market decline space is limited.

Melamine

On March 16, the price of some fluorine chemical products rose

On March 16, 2021, in the price fluctuation list of fluorine chemical industry, there are 3 kinds of commodities rising, 0 kinds of commodities falling and 4 kinds of commodities rising or falling to 0. Rising products include R22, R134a and chloroform; stable products include fluorite, hydrofluoric acid, aluminum fluoride and cryolite.

 

On March 16, the price of fluorite chemical raw material market rose, and the price of fluorite was 2761.11 yuan / ton. The price trend of fluorite remained at a high level. Recently, some fluorite plants in China started generally, and some mines and flotation plants stopped. The fluorite supply in the plant was tight. However, the downstream market was stable, and the price of fluorite was affected and the increase was limited. As of the 16th, the price of fluorite in Jiangxi was 2700-2900 yuan / ton, and that in Inner Mongolia was 2500-2700 yuan / ton. It is expected that the price of fluorite will remain high and volatile in the future.

 

Recently, the price of some downstream refrigerants rose, and the operating rate remained low. The demand for hydrofluoric acid was general. However, due to the normal supply on the site, the price trend of hydrofluoric acid market rose slightly. As of the 16th, the quotation of hydrofluoric acid market was 10611.11 yuan / ton. Recently, the price trend of hydrofluoric acid market was mainly stable, and the operating rate of domestic hydrofluoric acid was less than 60% The supply of hydrofluoric acid is normal. Recently, the market of hydrofluoric acid on the market is general. The ex factory price of some enterprises is stable. Up to now, the mainstream of hydrofluoric acid negotiation is 10000-11000 yuan / ton. However, people on the market reflect that it is difficult for the hydrofluoric acid market to rise sharply in the near future. Business analyst Chen Ling thinks that the market of hydrofluoric acid may remain volatile.

 

The price trend of aluminum fluoride products is temporarily stable, the market supply is normal, and the trading market is general. The ex factory price of aluminum fluoride of Zhengzhou Tianrui Crystal Technology Co., Ltd. is 8700 yuan / ton, and the price of aluminum fluoride of Zhengzhou Zerun energy and Chemical Co., Ltd. is 8700 yuan / ton. The overall market supply of aluminum fluoride is sufficient, and the overall price of aluminum fluoride market is relatively stable.

 

In recent years, the price trend of chloroform in Shandong continued to rise, the overall demand of downstream market changed little, and the demand for chloroform was general. As the downstream market began to stock, the market price of chloroform rose sharply. At present, the start-up of chloroform production enterprises in Shandong is high, the market spot supply is stable, and the shipping situation of enterprises is improved. In order to prevent excessive warehouse pressure in the future, enterprises bid for shipping. At present, the quotation in Shandong is about 4300-4400 yuan / ton.

 

In recent years, the price trend of domestic cryolite is temporarily stable, the operation of the plant is stable, and the supply is normal. The domestic negotiation price is about 6500-7000 yuan / ton, and the actual transaction price is mainly negotiation. In general, the recent market of fluorine chemical industry is general, and it is expected that the trend of fluorine chemical industry will remain volatile in the later period.

 

In the near future, the price trend of downstream refrigerant R22 rose, the price of raw material chloroform rose slightly, and the cost support was general. Recently, the downstream gradually began to stock up, the demand side rose, and the market center rose slightly. Due to the stable price trend of hydrofluoric acid, the price of some affected refrigerants rose. Refrigerant R134a price trend has an upward trend, the market is strong operation. In the near future, the start-up in the downstream remained low, but the raw material support was strong, and the refrigerant market rose.

Gamma PGA

On March 15, the quotation of potassium chloride was temporarily stable

Commodity name: potassium chloride

 

Latest price (March 15): RMB 2250.00 / ton

 

On March 15, the mixed price of potassium chloride in Qinghai was stable temporarily, which was the same as that of March 12. The main contradiction in the market is that supply is higher than demand, the trading atmosphere is cold and clear, downstream procurement is just needed, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride market is stable.

 

Recently, the price of potassium chloride in Qinghai Province is slightly fluctuating, with the quotation of 2200-2300 yuan / ton.

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Market price of propylene oxide rose this week (3.8-3.12)

1、 Price trend of propylene oxide

 

(Figure: p-value curve of propylene oxide product)

 

2、 Market analysis

 

According to the data of the business club’s block list, as of March 12, the average quotation price of propylene oxide enterprises was 19933.33 yuan / ton, up 3.28% compared with the beginning of the week, 18.65% compared with February 12, and 133.59% compared with the same period last year.

 

The market of propylene oxide is rising this week. At present, the price of raw propylene is rising, the factory inventory is not under pressure, and the overall supply is tight, which forms support for the market. The downstream procurement remains stable, and the price support mentality of the commodity holders is not reduced, which promotes the continuous rise of propylene oxide price. At present, the mainstream quotation of propylene oxide Market in Shandong is around 19300-19800 yuan / ton.

 

Upstream propylene, as of March 11, Shandong propylene market prices continue to be stable. According to the price chart of the business society, affected by the upstream and downstream, the propylene price rose again and again in the second half of February, which was at a high level for many years. At the end of the month and the beginning of the month, the propylene price remained stable. On the 4th, the propylene price began to decline, and on the 8th, the propylene price rose by 150-250 yuan / ton in two days. After that, the propylene price became stable. At present, the market transaction is between 8450-8650 yuan / ton, and the mainstream price is about 8450 yuan / ton.

 

Downstream propylene glycol, According to the monitoring data of the business community, as of March 11, the reference price of domestic industrial grade propylene glycol was 16166 yuan / ton, which was 743 yuan / ton higher than that on March 1 (15433 yuan / ton), an increase of 4.75%; the downstream soft foam polyether market in Shandong Province was temporarily stable on March 12, and the cost side still has support, but the new order buying gas has weakened, and the current situation in Shandong Province is relatively stable The mainstream price of ordinary soft foam polyether market in the district is around 19600-20000 yuan / ton.

 

3、 Future forecast

 

Business community propylene oxide analysts believe that at present, the upstream propylene price is rising, the raw materials are boosting, and the supply and demand side performance is still stable. It is expected that the propylene oxide market will mainly run at a high level in the short term, and the specific trend still needs to pay attention to the market information guidance.

Gamma PGA

Urea prices in Shandong fell this week (3.1-3.5)

1、 Price trend

 

This week, the ex factory price of urea in Shandong fell from 2183.33 yuan / ton at the beginning of the week to 2143.33 yuan / ton at the end of the week, down 1.83%, up 20.64% compared with the same period last year. Overall, the urea market fell this week, with the urea commodity index at 99.69 on March 5.

 

2、 Market analysis

 

From the manufacturer’s quotation, the mainstream factory price of urea in Shandong fell this week. Yangmei plain urea quoted 2120 yuan / ton this weekend, down 80 yuan / ton compared with the beginning of the week; Shandong Ruixing urea quoted 2180 yuan / ton this weekend, down 40 yuan / ton compared with the beginning of the week; Mingshui chemical urea quoted 2130 yuan / ton this weekend, down 40 yuan / ton compared with the beginning of the week.

 

On the demand side: affected by the rain and snow weather, the agricultural demand slowed down, the terminal purchase intention was general, and the agricultural purchase in the mainstream areas was cautious; the starting load of the downstream compound fertilizer and rubber sheet plants increased, and some downstream products were still cautious, with strong wait-and-see mood, and most of them were market-oriented. Supply side: at present, the operating rate of urea enterprises is about 72.5%, and the daily output is about 160000 tons, so the supply is sufficient.

 

From the data of upstream and downstream industry chain, the upstream products of urea increased slightly this week: the price of liquefied natural gas increased slightly, from 2836.67 yuan / ton at the beginning of the week to 2913.33 yuan / ton at the end of the week, with an increase of 2.70%, a year-on-year decrease of 5.10%; the price of liquid ammonia was temporarily stable, with an increase of 18.87%, a year-on-year increase of 3360.00 yuan / ton. This week, the quotation of melamine in the downstream of urea rose from 7566.67 yuan / ton at the beginning of the week to 8100.00 yuan / ton at the end of the week, up 7.05%, 36.52% year on year compared with the same period last year. On the whole, urea cost support is good and demand is general this week.

 

3、 Future forecast

 

In the middle of March, the urea market in Shandong may fluctuate slightly and fall mainly. Urea analysts of business news agency believe that the current agricultural demand procurement is cautious, the industrial demand is used as soon as it is purchased, the wait-and-see atmosphere is strong, the urea supply is acceptable, and it is expected that the domestic urea market will fluctuate slightly in the short term.

Gamma PGA

High price goods are difficult to sell, ABS prices fell slightly

Price trend:

 

According to the data of the business club’s block list, the ABS market was in a high position in early March, and the spot prices of various brands had a slight correction. As of March 5, the mainstream offer price of general-purpose ABS was around 18550 yuan / ton, with a decrease of 0.80% compared with the average price at the beginning of the month and a rise of 7.54% compared with the same period last month.

 

Factor analysis:

 

In terms of upstream styrene of ABS, the domestic market rose sharply in February and began to fall in March. During the Spring Festival, international crude oil prices continued to be positive, and styrene cost support was strong. Pure benzene port inventory decline, good styrene trend. On the supply side, the international styrene supply remains tight, but the domestic export arbitrage space is good, and the import is at a low level. 3. There is a centralized maintenance plan for Asian plants in April, so it may be difficult to quickly restore supply in the future, which will continue to improve the price of styrene. At present, the domestic downstream demand is not ideal, traders said that the atmosphere of on-site trading is not good, and the price rise of styrene at the beginning of this month is hindered. Domestic market long short confrontation, into the finishing market.

 

In early March, butadiene maintained a positive trend in the domestic market. The domestic bulk market price is rising, and butadiene market is rising. The widening price gap between downstream synthetic rubber and butadiene also provides obvious space for butadiene price to rise. At present, the short-term supply of domestic butadiene is relatively abundant, and the purchasing atmosphere of downstream raw materials is relatively low due to inventory replenishment before the festival. With the outflow of some profit-making sources, the rise of the market may be restrained to a certain extent.

 

At present, the cost side of ABS fluctuates, the rising market of ABS is blocked, and the spot price falls slightly. The supply of domestic ABS has not been heard of obvious surplus, and the supply of some brands is even tight in the early stage. With the tightening supply of crude oil and chemical bulk products, the strong outside and the weak inside of the disk are all positive for the domestic ABS. At present, the spot price of ABS is relatively high, and the downstream users are generally resistant. Floor turnover contraction, the number of dealers dropped operations increased.

 

Future forecast:

 

Business analysts believe that: in early March, ABS market high consolidation, the brand offer a small decline. There are ups and downs in the cost side, and the support for ABS cost side is acceptable. There is no excess of spot supply, downstream factories maintain just need to purchase, and there is resistance to high price goods delivery. It is expected that the domestic ABS price will continue to recover slightly.

Benzalkonium chloride

Bad news led LNG market to fall more than 30% in February

1、 Price trend

 

Azodicarbonamide (AC foaming Agent)

In February, the price of domestic liquefied natural gas dropped sharply. According to the data monitoring of business news agency, the average price of domestic liquefied natural gas on February 28 was 2840 yuan / ton, down 32.11% compared with the beginning of the month and 6.99% compared with the same period last year.

 

2、 Analysis of influencing factors

 

In February, the domestic LNG market fell sharply, down more than 30%. The weakness of this month’s market is mainly due to weak demand, sufficient supply, superimposed feed gas, cost support decline and other negative factors, liquid factory shipment pressure, price plummeted. On the eve of the Spring Festival, downstream users stopped work one after another for holidays, their purchasing enthusiasm declined, and the demand side continued to weaken. Manufacturers had a strong psychology of reducing prices and arranging warehouses before the festival, and prices plummeted. As of the 9th, they fell 28.29% in a few days. In the first week after the festival, the logistics recovered, the downstream returned to the market one after another, and just needed to replenish. Moreover, the effect of warehouse discharge in the early stage was acceptable, and the liquid prices in many places rose actively. In the latter half of the year, the price of feed gas dropped, so that the market fell again. Although it was near the end of the month and the cold air boosted for a short time, it was difficult to shake the weak market, and the liquid price was still stable.

 

In March, the market was still weak, but due to cost considerations, it did not fall deeply. On the 2nd, Shanxi, Inner Mongolia, Henan and other places continued to decline by 50-100 yuan / ton. On March 2, the price of liquid was 2600-2900 yuan / ton in Inner Mongolia, 2690-2850 yuan / ton in Shaanxi, 2800-3020 yuan / ton in Shanxi, 2900-3000 yuan / ton in Ningxia, 2950-3150 yuan / ton in Henan and 3000-3100 yuan / ton in Hebei. The price of liquid was generally lower than 3000 yuan / ton.

 

Regional specifications rose and fell from February 26 to February 1

Inner Mongolia ﹣ LNG ﹣ 2700-3000 ﹣ 4100-4450 – 1100-1450

Shaanxi ﹣ LNG ﹣ 2830-3550 ﹣ 3900-4370 – 820-1070

Shanxi LNG 2850-3170 4200-4500 – 1030-1330

Ningxia LNG 2850-3000 4100-4400-1250-1400

Henan Province: LNG 3150-3400 4250-4500 – 850-1100

Hebei ﹣ LNG ﹣ 3050-3300 ﹣ 3850-4000 – 550-700

Downstream products are mixed:

 

Methanol, March 2, Shandong methanol enterprise factory price rise. The methanol market in central Shandong was up 20-30 yuan / ton and delivered to cash at 2170-2200 yuan / ton. The offer price of methanol market in southern Shandong increased by 10-20 yuan / ton to 2270-2280 yuan / ton, with some transactions in 2260-2270 yuan / ton. Linyi receives the local goods to negotiate the price to 2260-2270 yuan / ton and deliver it to the spot exchange, while the logistics goods offer price is 2230-2240 yuan / ton and deliver it to the spot exchange. Shandong methanol Lubei market reference price in 2180 yuan / ton to spot. Business community methanol analysts expect that the domestic methanol market in the short term consolidation.

 

Urea, March 2, Shandong urea market temporarily stable. Agricultural demand has started in succession, and the willingness of terminal procurement has gradually increased, and agricultural procurement in mainstream areas is cautious; the starting load of downstream compound fertilizer and rubber sheet plants has increased, and some downstream products are still cautious, most of them follow the market, and there is demand potential in later industry. Supply side: on the supply side, at present, the operating rate of urea enterprises is about 73%, and the daily output is about 160000 tons. The manufacturers have little pressure on shipping. With the gradual recovery of logistics and transportation, the inventory accumulated during the festival is also declining.

 

Dichloromethane. After the festival, the price of dichloromethane goes up all the way, and the ex factory price keeps adjusting every day. According to the business news agency, the price of some manufacturers is also increasing at the weekend, with a range of about 100 yuan / ton. As of March 1, the average price in Shandong was about 3636.67 yuan / ton, up 26.27% compared with that before the festival. Although the stock situation of dichloromethane downstream market is not good at present, the market supply is stable and tight, and the pressure of dichloromethane enterprise warehouse is not big. It is expected that the dichloromethane market will continue to rise in a short time.

 

In February, the domestic LNG market led the decline in energy sector. According to the price monitoring of the business community, in February 2021, there were 11 kinds of commodities in the energy sector that rose on a month on month basis, among which 9 kinds of commodities rose by more than 5%, accounting for 56.3% of the total number of commodities monitored in the sector; the top 3 commodities that rose were asphalt (23.27%), WTI crude oil (21.70%) and Brent crude oil (20.11%). There were 5 kinds of commodities with a month on month decrease, and 3 kinds of commodities with a decrease of more than 5%, accounting for 18.8% of the monitored commodities in the sector; the top 3 products with a decrease were liquefied natural gas (- 32.11%), steam coal (- 26.76%) and dimethyl ether (- 9.38%). The average rise and fall this month was 5.65%.

 

3、 Future forecast

 

The LNG analyst of business news agency thinks: at present, the liquid plant starts up stably, and the imported gas is sufficient. With the temperature rising, the demand of urban gas is decreasing, and the market is gradually entering the off-season of demand. The pattern of oversupply is revealed, and the supporting force of superimposed cost surface is declining. Under the interweaving of long and short periods, the domestic LNG price is mainly downward. Although there is a short-term cold air boost, it is difficult to form an obvious inflection point, and the liquid gas price is low Factory shipment under pressure, it is expected that the market is difficult to rise and easy to fall.

EDTA