Author Archives: lubon

On March 29, the price of refrigerant R22 was temporarily stable

1、 Price trend

 

Latest price (March 29): 17166.67 yuan / ton

 

Key points of analysis: according to the data monitoring chart of business agency, the price of refrigerant R22 was temporarily stable on March 29, unchanged from the previous day, with a year-on-year increase of 7.74%. The market of raw materials hydrofluoric acid and chloroform is temporarily stable, and the cost support is OK. However, the public health events in various places are intensified, the logistics is not smooth, the market trading is not much, and the price of R22 is temporarily stable. At present, the price of raw material hydrofluoric acid is mostly 10200-10500 yuan / ton, the price of chloroform is about 5800 yuan / ton, and the market quotation of R22 is mostly in the range of 17000-18000 yuan / ton.

 

R22 market is expected to run stably for the time being.

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EVA market stabilized after falling on March 28

According to the data monitoring of business agency, the average price of EVA in the domestic market was 21033.33 yuan / ton on March 25 and 21033.33 yuan / ton on March 28. The single day price remained stable, up 7.86% compared with March 1.

 

On the 28th, the domestic EVA market price stabilized after falling, and the price was weak. There is little change in the ex factory price of petrochemical, and the narrow rise in the source price of bidding goods has brought some support to the market, but the terminal demand is limited, the downstream market entry enthusiasm is general, and the overall trading atmosphere of the market is poor. It is expected that the EVA Market price will be weak in the short term.

Sulfamic acid 

The market momentum is weak, and the POM market is weak

Price trend

 

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According to the bulk list data of business society, the domestic POM market is weak and stable this week, and the spot prices of various brands are mainly sideways. As of March 25, the ex factory price reference offer of POM injection molding sample enterprises of business society was about 22133.33 yuan / ton, up or down – 0.30% compared with the average price level at the beginning of the month.

 

Cause analysis

 

Industrial chain: upstream, the recent rise in formaldehyde market. The market of raw methanol began to rise, with good cost support, but the downstream demand is general. It is expected that the price of formaldehyde in Shandong may rise slightly.

 

There is an upstream formaldehyde market, and the cost side support of POM is acceptable. In terms of industry load, the current domestic POM operating rate has limited changes and is still at a high level, and the overall load is still more than 85%. The supply side is beneficial, but the supply side is slightly compact. However, at present, the inventory of enterprises is high, and it is unfavorable to remove the inventory. Although the offer of enterprises is stable, the confidence of merchants is weakened, and there is the operation of giving up profits and taking orders. In addition, the number of domestic diagnoses of recent health events rebounded, affecting the logistics and transportation in many regions, and the offer fell secretly to POM. Downstream demand continues to be weak, buyers’ mentality is to buy up rather than buy down, there is a strong wait-and-see atmosphere in the venue, the purchase operation is biased towards small orders, just need to maintain production, and have a strong resistance to high price sources of goods.

 

Future forecast

 

Business analysts believe that: this week, the domestic POM market is weak, sorting and operation, there is a market for formaldehyde in the upstream, and the cost support of POM is OK. The on-site supply is slightly tight, the load of downstream enterprises is OK, and there is no large-scale replenishment in procurement. The on-site trading situation is light, the shipment resistance of high-priced goods is large, and the merchants cut prices and take orders. Lack of demand and logistics resistance drag down the market, and it is expected that POM prices may continue to be weak in the short term.

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Wait and see TDI market on March 24

Trade name: TDI

 

Latest price (March 24): 19775 yuan / ton

 

Key points of analysis: the average price of TDI market in East China today is flat compared with the previous working day, and the domestic TDI market is in a stalemate. According to market news, the TDI unit with an annual output of 310000 tons may be stored and overhauled in April. In addition, due to the impact of the epidemic, the raw material supply of the factory in Shanghai is short, the operating rate is reduced, and TDI will not take orders temporarily. In the early stage, the market rose on hearing the news, the on-site offer price was chaotic, while the downstream acceptance was not high. Affected by the epidemic, the logistics traffic was blocked, the demand of the terminal market was weak, and the transaction of new orders was weak. At present, the quotation range of dealers in East China is about 19000-19500 yuan / ton for domestic goods and about 19500-20100 yuan / ton for Shanghai goods.

 

Future forecast: in the later stage, the TDI market is in a stalemate, and the specific attention shall be paid to the market supply and downstream follow-up.

Sulfamic acid 

The price of paraformaldehyde rose on March 23

Polyoxymethylene market price trend chart

 

Price curve of paraformaldehyde

 

According to the monitoring of business agency, on March 23, the average production price of paraformaldehyde in Shandong was 5766 yuan / ton, up 0.58% from last week.

 

According to the monitoring data of business agency, the average price of domestic methanol production enterprises was 3045 yuan / ton on March 23 and 2787 yuan / ton on March 18, an increase of 9.24%.

 

Methanol market rose to support, but affected by the epidemic, the market took goods in general, and paraformaldehyde analysts in business cooperatives expected that the rising space of paraformaldehyde was limited.

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