1、 Price trend

According to commodity data monitoring, the domestic isopropanol market price fell this month. The average price of isopropanol was 7400 yuan / ton on April 1 and 7050 yuan / ton on April 28. The price fell by 4.73% during the month.

2、 Market analysis

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

The domestic isopropanol market price fell this month. Affected by the epidemic, the transportation in most areas is blocked, the overall market trading atmosphere is light, traders have a strong wait-and-see mood, and operators lack confidence. Up to now, most of the quotations of isopropanol in Shandong are about 6700-7000 yuan / ton; The quotation range of Jiangsu isopropanol is about 7100 yuan / ton; The quotation range of isopropanol in Zhejiang is around 7000 yuan / ton. Internationally, isopropanol in the United States closed stable on April 26, and the isopropanol market in Europe closed basically stable.

In terms of raw material acetone, the market price of acetone fell this month. The average price of acetone was 5860 yuan / ton on April 1 and 5540 yuan / ton on February 28. The price fell by 5.46% during the month. At present, the trading in the domestic acetone market has slowed down and the focus of negotiation has decreased. The mainstream negotiation in East China is 5500-5550 yuan / ton. The market offer is basically the same as that of the factory. The international crude oil has fallen, the peripheral environment has weakened, the market wait-and-see mood has increased. Although the holder has little intention to lower the price, the terminal demand has been restrained, and the solid offer trading volume is insufficient.

In terms of raw material propylene, the market price of propylene fluctuated and rose this month. The average price of propylene was 8200.8 yuan / ton on April 1 and 8404.6 yuan / ton on April 28. The price rose by 2.49% during the month. At present, there is little change in the fundamentals of the site, and the supply of propylene is basically stable. Recently, new units have been put into operation, the supply has increased, and the consumption in the region has not had a significant impact on the price. Propylene market is expected to maintain the consolidation trend in the near future.

3、 Future forecast

The isopropanol analyst of business society chemical branch believes that at present, the domestic isopropanol market demand is general. Operators are more wait-and-see, and downstream orders are cautious. The price of acetone fell, the price of propylene rose slightly, the support of raw materials for isopropanol was limited, and the confidence of the industry was insufficient. The isopropanol market is expected to be weak in the short term.

1、 Price trend

According to the bulk data list of business society, the average price of domestic phosphoric acid on April 27 was 10680 yuan / ton, an increase of 220 yuan / ton compared with 10460 yuan / ton at the beginning of the month, an increase of 2.1% during the week and 103.43% compared with the same period last year.

2、 Market analysis

In April, the price trend of phosphoric acid showed an upward trend, rising above 10000 yuan, and the market focus shifted upward. After the Qingming holiday, the phosphoric acid market remained stable, but the price of raw yellow phosphorus fell, and the phosphoric acid Market weakened. Since the middle of the year, the price of raw yellow phosphorus has risen to about 38000, and the supply is tight, the cost of phosphoric acid enterprises is under pressure, the price trend is stable and upward, the supply of wet acid market is tight, and the price has also increased, but the market logistics is not smooth, the trading atmosphere is not high, and the increase of phosphoric acid in the month is limited. Near the end of the month, the price of raw materials decreased slightly, and the downstream replenishment was basically closed, and the price of phosphoric acid decreased obviously and secretly. By the end of the month, the price of raw materials was about 36000-37000 yuan / ton, and the market price of phosphoric acid was about 10300-11500 yuan / ton.

Region, Products, Specifications., Date, Price (yuan / ton)

Sichuan region, Phosphoric acid, 85% industrial grade ., April 27, 10300-10600

Yunnan Province, Phosphoric acid, 85% industrial grade, April 27, 11000-11500

Jiangsu Province, Phosphoric acid, 85% industrial grade, April 27, 11000-11500

Hubei Province, Phosphoric acid, 85% industrial grade, April 27, 10350-11500

Shandong Province, Phosphoric acid, 85% industrial grade, April 22, 10500-11000

According to the data monitoring of business society, as of April 26, the reference average price of 30% grade phosphorus ore in the mainstream areas of China was around 763 yuan / ton. Compared with April 1 (the reference price of phosphorus ore was 740 yuan / ton), the price increased by 23 yuan / ton, or 3.15%. Compared with March 1 (the reference price of phosphorus ore was 710 yuan / ton), the price increased by 53 yuan / ton, or 7.51%.

On April 26, the reference price of yellow phosphorus was 36666.67, a decrease of 0.23% compared with April 1 (36750.00), and the domestic yellow phosphorus market maintained stable operation. The overall market trading situation is general, and the main orders are issued in the early stage. Approaching the May Day holiday, the transaction of new yellow phosphorus orders is limited and the inquiry is general. It is expected that yellow phosphorus finishing will be the main operation in the short term.

3、 Future forecast

According to phosphoric acid analysts of business society, the focus of phosphoric acid market moved upward under the support of cost in April, but the market transaction was tepid and the raw material price had a downward trend. It is expected that the phosphoric acid market will remain stable and wait-and-see, or decline slightly.

In April, the domestic liquefied gas market fluctuated frequently, but the range was limited, and the overall focus of Shandong civil gas market shifted slightly upward. According to the data monitoring of business agency, the average price of liquefied gas in Shandong civil market was 6270.00 yuan / ton on April 1 and 6380.00 yuan / ton on April 26, with an increase of 1.75% during the month and 52.88% compared with the same period last year.

As of April 26, the mainstream prices of liquefied gas in various regions of China are as follows:

Region, Mainstream quotation

North China, 5850-6480 yuan / ton

East China, 6100-6350 yuan / ton

Northeast China, 5500-6000 yuan / ton

Shandong Province, 6300-6400 yuan / ton

Although the domestic liquefied gas market fluctuated frequently in April, the overall trend was relatively strong, and the market price of civil gas in Shandong moved up slightly. During the month, the market was dominated by positive factors. The rise of CP price in April brought some good to the domestic market. Although the international crude oil market fluctuated and fell within the month, the price was at a high level, which brought relative support to the market. In addition, some manufacturers in Shandong market entered the maintenance this month, the overall supply is low, and the market supply pressure is not large. In terms of demand, the terminal demand is weak, the downstream maintains replenishment on demand and enters the market in stages, and some areas are affected by social and public health events, the transportation is blocked, and the overall trading atmosphere of the market is general, which has significantly restrained the rising market.

The shock of LPG futures market in April brought Limited benefits to the spot market. On April 26, the opening price of LPG futures contract 2206 was 5767, the highest price was 5986, the lowest price was 5735, the closing price was 5906, the former settlement price was 5897, the settlement price was 5861, up 9, or 0.15%, the trading volume was 137246, the position was 62761, and the daily position was increased 1429. (quotation unit: yuan / ton)

Near the end of the month, the weak international crude oil has brought limited support to the market. The domestic civil liquefied gas market fluctuates in a narrow range, with ups and downs. The supply pressure of Shandong civil gas market is not large, and the price is strong. The May Day holiday is coming. There is a certain replenishment demand in the downstream before the festival, but the overall trading atmosphere is still limited. In the later stage, with the temperature rising, the terminal demand continues to weaken, which brings some bad news to the market. It is expected that the market price of civil gas in Shandong may weaken in May.

1、 Price trend

According to the bulk list data of business society, the average ex factory price of 55% powdered monoammonium was 3625 yuan / ton on April 18 and 3625 yuan / ton on April 24. The price of monoammonium phosphate was stable this week.

According to the bulk list data of business society, the average ex factory price of 64% diammonium phosphate was 3640 yuan / ton on April 18 and 3640 yuan / ton on April 24. The price of diammonium phosphate was stable this week.

2、 Market analysis

The price of monoammonium phosphate is stable this week. The price of raw sulfur continues to rise, and the cost pressure increases. Downstream on-demand procurement is the main, and the follow-up of new orders is general. This week, the mainstream factory quotation of 55 powder ammonium in Henan is about 3550 yuan / ton, that in Anhui is about 3700 yuan / ton, and that in Sichuan is about 3700 yuan / ton. The actual transaction is negotiated.

The market of diammonium phosphate is running smoothly at a high level this week. At present, the waiting volume of diammonium is nearing the end and is in the final stage of spring farming. The domestic demand weakens and the export market demand begins to increase. Due to cost pressure, most enterprises still stop quotation and focus on negotiation. The downstream shall be purchased on demand, and the site shall be cautious and wait-and-see. This week, the mainstream factory quotation of 64% diammonium in Guizhou is about 3800 yuan / ton, and the actual transaction is negotiated.

This week, the domestic market of raw phosphorus ore is dominated by high and stable consolidation and operation. The domestic phosphate ore market is generally stable, sorted and operated, and the information on the site is relatively calm. The overall supply of phosphate rock is still tight, and the downstream demand is stable. The quotation of 30% grade phosphate rock freight plant in Guizhou is around 700-790 yuan / ton.

This week, the raw sulfur market continued to operate strongly, the maintenance output of domestic refineries was limited, the enterprise inventory was low, while the downstream product market was high, the demand was stable and good, the enterprise shipment was smooth, the support for the sulfur price market was obvious, the supply and demand side was in short supply, coupled with the impact of the epidemic, the freight increased, the operator’s mentality was optimistic, and the quotation of traders rose during the week.

3、 Future forecast

The ammonium phosphate analyst of business society believes that at present, due to the high operation of ammonium phosphate raw materials, the ammonium phosphate Market is strong under the support of cost. Most enterprises suspended quotation and concluded negotiation. Monoammonium still has a certain amount to be sent, and diammonium is coming to an end. In the case of strong raw material market, it is expected that ammonium phosphate will continue to operate at a high level and firmly in the short term.

According to the bulk list data of business society, the market price of glycol fell on Tuesday. On April 18, the average domestic market price of diethylene glycol was 4925 yuan / ton, and on April 24, the average domestic market price of diethylene glycol was 4916 yuan / ton. Glycol prices fell 0.17% on Tuesday.

Glycol prices rose first and then fell on Tuesday. At present, the mainstream inventory is about 74300 tons. On Tuesday, glycol shipments decreased and inventories increased. The international oil price fluctuated this week. It is suggested to pay attention to the dynamics of the crude oil market in real time. The operating rate of UPR at the downstream of diethylene glycol is about 25%, an increase compared with last week. As of April 24, the domestic market quotation in East China is 4840-4940 yuan / ton.

At present, diethylene glycol operates in a small range, and the reduction of delivery leads to a significant increase in diethylene glycol inventory. The diethylene glycol analyst of business society believes that due to the inventory pressure, the diethylene glycol market is expected to run downward in the short term. It is suggested to pay attention to the changes of crude oil and inventory.

According to the data monitoring of business agency: the price of industrial grade and battery grade lithium carbonate still fell this week. On April 21, the average price of industrial grade lithium carbonate in East China was 470000 yuan / ton, which was 0.68% lower than that in early Zhou (the average price of industrial grade lithium carbonate in East China was 473200 yuan / ton on April 17). On April 21, the average price of battery grade lithium carbonate in East China was 488000 yuan / ton, which was 0.81% lower than that at the beginning of the week (the average price of battery grade lithium carbonate in East China was 492000 yuan / ton on April 17). As of April 21, the comprehensive quotation of industrial grade lithium carbonate market is around 445000 ~ 470000 yuan / ton, and the comprehensive quotation of battery grade lithium carbonate market is around 470000 ~ 490000 yuan / ton.

According to the observation of market changes, the price of lithium carbonate continued to decline this week, and the attitude of large manufacturers on the supply side was loose, but the price adjustment range was still limited. At present, the transaction range of the overall market is widened, and although the upstream and downstream game state is maintained, the price support is insufficient when the demand is significantly weakened, and the market transaction price is gradually reduced. The supply of lithium carbonate in the market is stable. After Salt Lake enterprises sell lithium carbonate at a reduced price, the market is mostly dominated by long-term cooperative delivery, the transaction price has been reduced, and traders have a positive attitude towards shipment.

The high price of lithium hydroxide in the lower reaches fell, dragging down the market mentality with the reduction of lithium carbonate price. The purchasing atmosphere of lithium hydroxide abroad is active and the market is strong. The domestic downstream demand is reduced, the purchasing enthusiasm is weakened, the wait-and-see mentality is strong, and the domestic lithium hydroxide market price is loose.

The price of lithium iron phosphate in the downstream continues to be stable. At present, the downstream just needs to purchase, and the supply of manufacturers is still tight. Some manufacturers are shut down, the supply of goods is tight, and the supply is obviously insufficient. It is mainly based on the arrangement and delivery of contract customers. The number of new orders is limited, the overall market negotiation atmosphere is acceptable, and the price remains high.

Lithium carbonate analysts of business society believe that the impact of the current epidemic continues, and the impact on the demand side still exists. Under the condition that the support of high price lithium salt is weakening day by day, there is a selling sentiment in the market, which puts pressure on the price of lithium carbonate. It is expected that the price of lithium carbonate will be weak and volatile in the short term.

According to the data monitoring of the business agency, as of April 20, 2022, the average ex factory price of butanone in the domestic market was 15000 yuan / ton. Compared with the price on April 15 (the reference price of butanone was 15066 yuan / ton), the average price was reduced by 66 yuan / ton, a decrease of 0.44%.

It can be seen from the data monitoring chart of business society that the domestic butanone market has been slightly adjusted and operated in this week. On the 19th of the week, domestic butanone factories in Shandong reduced the ex factory price of butanone by 200 yuan / ton to 14700 yuan / ton. The atmosphere of butanone on-site trading was light, and the overall operating rate of butanone was low due to the maintenance of devices in some parts of China. The pressure of spot supply of butanone was small, and many factories made stable quotations. On the 20th, Shandong factory slightly callback the price of butanone, increasing the range by 100 yuan / ton to 14800 yuan / ton. The overall market stalemate of butanone is dominated by the narrow adjustment between regions. At present, the downstream demand side is in general, the demand support is weak, affected by the Limited Logistics and transportation, the supply and demand circulation is slow, the downstream goods are prepared carefully, the site is mostly on the sidelines, and the transaction volume of butanone is limited. As of the 20th, the ex factory price of domestic butanone is around 14800-15200 yuan / ton.

On the upstream side, last week, the domestic liquefied gas market was dominated by the overall downturn. Entering this week, the market recovered slightly. According to the monitoring data of the business agency, the reference price of liquefied gas for civil use in Shandong market was 6310 yuan / ton on April 19, and the average price was 6300.00 yuan / ton on April 15, with a weekly increase of 0.14%.

Future analysis of butanone

At present, the downstream demand of butanone market is still insufficient, and the operators are in a strong wait-and-see mood. There are many real orders and small orders need to be negotiated. The butanone datagrapher of business society believes that in the short term, the domestic butanone market is mostly weak, sorting and operation, and more attention needs to be paid to the travel demand of raw materials and the follow-up situation.

According to the monitoring data of business agency, as of April 19, 2022, the average price of organosilicon DMC market quotation in mainstream areas was 27780 yuan / ton. Compared with the price on April 1, 2022 (organosilicon DMC reference price 27300 yuan / ton), the average price was increased by 480 yuan / ton, or 1.76%.

It can be seen from the data monitoring chart of business society that at the beginning of April, the trading atmosphere of domestic silicone DMC market was flat, and the market situation was running downward. After the Qingming Festival, the domestic silicone DMC market ushered in a slight rise. From the 6th, Shandong big factories successively raised the ex factory price of silicone DMC, driving the market trading atmosphere back to temperature. On the 11th, the ex factory price of silicone DMC in Shandong big factory rose sharply to 28000 yuan / ton, and then other monomer factories followed the increase in stability and small range. As of April 13, the silicone DMC market rose to the high point in early April, The ex factory price is around 28240 yuan / ton. Then, on the 14th and 15th of mid April, the factory price of organosilicon DMC in Shandong fell sharply by 600 yuan / ton after rising, and the factory price of organosilicon DMC fell to 27500 yuan / ton. Other factories mostly kept the price stable. On the 18th, the factory price of organosilicon DMC in Shandong was adjusted downward again to around 27000 yuan / ton, and some other factories followed the adjustment slightly. The factory price of organosilicon DMC was referred to around 27000-29000 yuan / ton. On the 19th, the silicone DMC market was stable and small, and Shandong big factory slightly callback the silicone DMC to around 27200 yuan / ton. At present, the trading atmosphere of organosilicon DMC is general, and the downstream is mostly rigid and needs to prepare goods. Affected by logistics and transportation, the downstream has a strong wait-and-see mood, and the actual order operation is cautious.

In terms of upstream metal silicon, last week, the domestic metal silicon 441# market price moved downward as a whole. Entering this week, the market continued to move downward slightly, and the metal silicon market was weak as a whole. Recently, large downstream factories have made sufficient bidding and procurement, and the demand in April has made the metal silicon market transactions gradually active, the trading volume has increased significantly, the transaction price has basically stopped falling, and the quotation of some factories has remained stable, and it is difficult for buyers to lower the price. At the same time, the special situation of the current epidemic, poor logistics, especially in East China, leads to difficult order delivery and general market transactions.

Silicone DMC market outlook forecast

At present, the domestic single silicone DMC market is generally middle note, and the downstream mentality is calm. Business organosilicon DMC data analyst believes that in the short term, the domestic silicone DMC market is stable and the operation is the most stable.

1、 Price trend

According to the bulk list data of business society, the average market price of domestic liquid caprolactam was 13400 yuan / ton on April 11 and 13600 yuan / ton on April 17. The price of caprolactam rose 1.49% this week.

2、 Market analysis

The market price of caprolactam rose this week. The price of caprolactam raw materials fell this week and the cost support weakened. Some caprolactam enterprises have reduced production or parking, reduced supply in the yard, and the manufacturer’s quotation is firm. As of April 17, the price of Baling Hengyi caprolactam liquid was 14200 yuan / ton, and 450000 tons / year. The unit was started normally and delivered after acceptance. The price of caprolactam liquid of Baling Petrochemical is 14200 yuan / ton, 450000 tons / year. The unit is started normally and delivered after acceptance. The price of Shandong Hualu Hengsheng caprolactam bulk water is 14100 yuan / ton, which is accepted and sent to East China, and the manufacturer’s unit capacity is 300000 tons / year. Shandong Luxi Chemical caprolactam liquid price is 13300 yuan / ton, and the manufacturer’s production capacity is 300000 tons.

Raw material pure benzene rebounded slightly after falling this week. This week, several units in the downstream of pure benzene were shut down, the operating rate of styrene in the main downstream decreased significantly, the demand decreased, and pure benzene continued to weaken. In the first half of the week, the demand in Shandong was sluggish, and enterprises traded at the low end. Crude oil rebounded in the middle of the week, and the price soared by more than 10%. The cost support strengthened, driving the rise of pure benzene. However, under the influence of domestic public health events, the demand for pure benzene was poor, the price rise was blocked, and the price rebounded slightly and then consolidated horizontally.

3、 Future forecast

Analysts of caprolactam in business society believe that although the price of raw materials has fallen, at present, most caprolactam enterprises have reduced their burden and production, and the supply of goods has decreased. Downstream on-demand procurement, caprolactam market trend upward. It is expected that the price of caprolactam will rise in the short term.

Recent price trend of sulfuric acid

As can be seen from the above figure, the domestic sulfuric acid market price rose slightly this week, and the quotation increased from 1158.33 yuan / ton last weekend to 1205.00 yuan / ton this weekend, an increase of 4.03%, a year-on-year increase of 119.09% compared with the same period last year. On April 14, the sulfuric acid commodity index was 187.55, down 0.52 points from yesterday, down 0.28% from the highest point of 188.07 points in the cycle (2022-04-13), and up 495.02% from the lowest point of 31.52 points on June 6, 2019. (Note: the period refers to the period from September 1, 2011 to now)

The upstream cost support is strong, and the downstream procurement enthusiasm is good

Judging from the manufacturer’s quotation, the price of domestic mainstream sulfuric acid manufacturers increased slightly this week, the manufacturer’s inventory is general, and the downstream demand is good. Heze Jiangyuan sulfuric acid quoted 1600 yuan / ton this weekend, up 200 yuan / ton compared with last weekend; Zouping Tianlu sulfuric acid quoted 1030 yuan / ton this weekend, which fell by 20 yuan / ton compared with last weekend; Changzhou Qinghong sulfuric acid quoted 1300 yuan / ton this weekend, which was temporarily stable compared with last weekend; Changzhou Changjiang sulfuric acid quoted 1300 yuan / ton this weekend, which was temporarily stable compared with last weekend; Xiangcheng San’an sulfuric acid is quoted at 1100 yuan / ton this weekend, which is temporarily stable compared with last weekend; Liaocheng Huatong sulfuric acid quoted 900 yuan / ton this weekend, up 100 yuan / ton compared with last weekend.

From the perspective of upstream and downstream industrial chains, the upstream sulfur market has continued to rise recently. The quotation has increased from 3426.67 yuan / ton last weekend to 3543.33 yuan / ton this weekend, an increase of 3.40%, up 144.37% year-on-year compared with the same period last year. The upstream market has gradually increased recently and the cost support has been strengthened. The downstream hydrofluoric acid market rose slightly, and the quotation increased from 11500.00 yuan / ton last weekend to 11550.00 yuan / ton this weekend, an increase of 0.43%, an increase of 8.73% year-on-year compared with the same period last year. The downstream formic acid market rose sharply. The quotation rose from 7266.67 yuan / ton last weekend to 9633.33 yuan / ton this weekend, an increase of 32.57%, up 280.26% year-on-year compared with the same period last year. The downstream market rose slightly, and the downstream products had a positive impact on the price of sulfuric acid.

Market outlook rose slightly

In the middle and late April, the domestic sulfuric acid market may rise slightly. The upstream sulfur market has gradually risen recently, and the cost support is good. The downstream hydrofluoric acid market rose slightly, the downstream formic acid market rose sharply, the downstream customers had good enthusiasm for purchasing sulfuric acid, and the product trend rose under the contradiction between supply and demand. Sulfuric acid analysts of business society believe that under the influence of supply and demand and raw materials in the short-term domestic sulfuric acid market, the market price of sulfuric acid may rise slightly.