1、 Price trend

According to the data of business news agency’s block list, the price of mixed xylene rose slightly this week. On April 4, the price of mixed xylene was 5460 yuan / ton; on this Sunday (April 11), the price was 5490 yuan / ton, up 30 yuan / ton or 0.55% from last week.

2、 Analysis and comment

This week, Sinopec’s mixed xylene price adjustment range is + 50 / + 100 (yuan / ton). Xylene stocks at ports in East and South China fluctuated slightly this week. In the week, boosted by the increase of downstream PX inquiry, xylene mixed with xylene rose slightly. In terms of external market, as of April 9, the price of South Korea’s imported mixed xylene was 725 US dollars / ton, up 11 US dollars / ton or 1.54% on April 2, and the reference price of domestic imported mixed xylene was 745 US dollars / ton, up 15 US dollars / ton or 2.05% on April 2.

Crude oil, this week’s crude oil long short game, price shocks. Good news: US commercial crude oil inventory fell, China and US economic data were strong; bad news: OPEC + decided to gradually increase crude oil production, and the epidemic situation in Europe and other places was severe. On April 1, Brent rose 0.08 USD / barrel, or 0.13%; WTI fell 2.13 USD / barrel, or 3.46%.

Downstream, PX market, the domestic p-xylene ex factory price this week was more stable than last week, the price was 6400 yuan / ton, up 48.84% year on year. The operation of domestic p-xylene units is stable as a whole, Sinopec and private enterprises are in normal operation, the on-site operation rate is more than 90%, the on-site supply is normal, and the goods are in good condition. As of April 9, closing prices in Asia were 786-788 USD / T FOB Korea and 804-806 USD / T CFR China.

In terms of PTA market, PTA prices in East China rose first and then fell this week, slightly lower than last week. On Sunday (April 11), the price was 4398.5 yuan / ton, 0.71% lower than last week, and 27.37% higher than the same period last year. As of April 9, PTA operation rate was 79%, slightly lower than last week. PTA processing is at a relatively low level, and the maintenance of the plant is increasing. At present, the start-up of PTA plant is below 80%, and the supply side will continue to shrink in April.

In the ox market, the price of ox this week was flat compared with last week. On Sunday, the price of ox in East China was 5400 yuan / ton, up 42.11% compared with the same period last year. Domestic supply of o-benzene is sufficient; the cost side is adjusted in a volatile way; the downstream market is adjusted in a volatile way, and the demand is just demand-oriented, so the transaction enthusiasm of o-benzene is general.

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.

Although the downstream inquiry increased, the overall demand has not improved substantially. In April, some refineries entered the spring inspection, and the market supply of unit maintenance decreased, which is expected to benefit the price of mixed xylene. However, the follow-up of downstream demand is still weak, and the wait-and-see sentiment of cargo holders is strong. It is expected that the short-term mixed xylene will still follow the fluctuation of crude oil. Focus on the impact of crude oil, gasoline blending price trend, xylene plant spring maintenance dynamic, port inventory and downstream demand changes on xylene price.

1、 Domestic sodium pyrosulfite price trend chart

According to the monitoring of the business agency, the price of sodium pyrosulfite in China was stable this week. The average price of industrial sodium pyrosulfite was 1783.33 yuan / ton at the beginning of the week and 1783.33 yuan / ton at the end of the week, up or down by 0.

2、 Market analysis

In April, the overall high price of upstream soda ash tends to be stable, the rising trend of raw material cost tends to be stable, and the domestic sodium pyrosulfite market moves forward steadily as a whole. This week, the market price range of industrial sodium pyrosulfite is 1750-1950 yuan / ton, and most of the prices are concentrated around 1800 yuan / ton. The production of the enterprise is stable, the inventory is maintained at about 30%, the enterprise mainly completes the orders of old customers, and the increase of new orders is limited. Under the support of rigid demand, the overall fast in and fast out is the main. (the above prices are quoted by domestic mainstream enterprises, and some enterprises not quoted are not within their scope. The prices are for reference only and have nothing to do with the final pricing of manufacturers. For details, please contact each manufacturer for consultation).

This week, the domestic soda price and sulfur price remained stable, and the overall raw material cost was stable. The cost will play a certain support for the future market price of sodium pyrosulfite.

3、 Future forecast

Analysts of business news agency believe that the rising trend of raw material cost is stabilizing, the overall demand of downstream is stable, and the domestic sodium pyrosulfite will continue to be at the current level in the short term.

According to the data monitored by the business community, as of April 8, the average price of domestic power grade lithium iron phosphate was 48000.00 yuan / ton. In just a few months, the price of lithium iron phosphate increased by 26.32% compared with the beginning of January, with an increase of 10000 yuan / ton. Since 2020, lithium iron phosphate has returned to people’s attention. In the fierce competition in the industry, lithium iron phosphate is still on the rise There are many challenges.

Lithium iron phosphate under pressure

Before 2020, LiFePO4 will be in a tepid state. Due to the lack of technology and the dual pressure of upstream and downstream, it will be particularly difficult for enterprises to make profits. Until 2020, LiFePO4 will return to people’s vision and become a new favorite in the new energy automobile industry, and its popularity will be improved for a time. However, LiFePO4 will also bear huge pressure. Titanium dioxide enterprises will build production lines across industries and use upstream raw materials Although there are many difficulties, the prospect of the industry is very optimistic.

Product specifications and quotation (ten thousand yuan / ton) date

Lithium iron phosphate ﹣ power ﹣ 4.6-5 April 8

Lithium iron phosphate ﹣ energy storage type ﹣ 4-4.4 ﹣ April 8

Lithium carbonate ﹣ industrial grade ﹣ 8.2-8.6 April 8

Lithium carbonate battery grade 8.8-9.2 April 8

LiMn2O4 ﹣ power ﹣ 4.2-4.5 ﹣ April 8

Lithium manganate ﹣ capacity type ﹣ 3.3-3.8 ﹣ April 8

Demand drives capacity growth

With the increasing demand for LiFePO4, more and more enterprises begin to build the production industry of LiFePO4, one after another increase their weight, prepare for planning, and seize the share. The demand for LiFePO4 is growing. Driven by the demand, the production capacity of LiFePO4 in China will be 142000 tons in 2020, an increase of 45.7% over the same period. It is estimated that the production capacity of LiFePO4 will be more than 250000 tons in 2021, and LiFePO4 will increase with its low cost The advantage of cost has been recognized by the market, and the market prospect of LiFePO4 has opened up.

The main raw material of lithium iron phosphate is lithium carbonate. In January 2021, the market price of lithium carbonate in East China rose rapidly as a whole. Until the end of March, the price was slightly stable. Lithium carbonate index: on April 7, the commodity index of lithium carbonate was 221.66, which was the same as yesterday, and was 405.10 points higher than the highest point in the cycle

(2018-01-07) decreased by 45.28%, increased by 124.94% compared with the lowest point of 98.54 on October 16, 2014. (Note: period refers to the period from September 1, 2011 to now)

In the short term, the market price of LiFePO4 will rise steadily. With the increasing demand, the demand for LiFePO4 will be further improved and has a broad prospect. (to get more information about goods and to grasp the price of commodities, welcome to subscribe to the business community through the official account of the business community, the market is the opportunity).

1、 Price trend

According to the data monitoring of business news agency, the average price of domestic LNG on April 7 was 3426.67 yuan / ton, up 0.78% from the previous day, down 6.12% from the beginning of the month, and up 8.9% from the same period last year.

2、 Analysis of influencing factors

On April 7, liquid prices stopped falling and rose, or 0.78%. In April, the domestic liquefied natural gas market went down all the way. Due to the restriction of dangerous chemical vehicles on expressways, the shipment of dangerous chemical vehicles in many places was not good, and the price fell under pressure. The first working day after the festival fell by about 5%. On April 7, the price of liquefied natural gas stopped falling, and there was a strong atmosphere of price support in Inner Mongolia, Shaanxi and other places, The range is around 50-100 yuan / ton, with little increase. However, some areas continue to decline. As a whole, the market is mixed with rise and fall, with more rise and less fall. The market is adjusted in a narrow range according to its own shipment situation. With the end of heating period in northern China, the demand for heating is gradually decreasing, and the market is gradually entering the off-season. In addition, the continuous transfer of profits in the inlet air has impacted the domestic market. The pressure of liquid factory delivery is large, the inventory is high, the market is hard to find, and the market is weak, and the operation may continue.

On April 7, the domestic liquefied natural gas (LNG) stopped falling and rose, with mixed rises and falls in some areas. It is 3300-3600 yuan / ton in Inner Mongolia, 3460-3380 yuan / ton in Shaanxi, 3350-3600 yuan / ton in Shanxi, 3570-3680 yuan / ton in Ningxia, 3520-3700 yuan / ton in Henan and 3180-3450 yuan / ton in Hebei.

Date of quotation (yuan / ton)

Inner Mongolia LNG 3300-3600 April 7

Shaanxi Liquefied Natural Gas Co., Ltd. 3460-3380 April 7

Shanxi ﹣ liquefied natural gas ﹣ 3350-3600 ﹣ April 7

Ningxia LNG 3570-3680 April 7

Hebei LNG 3180-3450 April 7

Henan LNG 3520-3700 April 7

Downstream products are mixed:

On April 7, the ex factory quotation of methanol enterprises in Shandong Province was raised, and the negotiation price of methanol market in southern Shandong Province increased by 20 yuan / ton to 2300-2330 yuan / ton, with cash withdrawal from nearby plants. Linyi receives the local goods to negotiate the price to 2300 yuan / ton and deliver them to the spot exchange. The logistics goods offer 2240-2250 yuan / ton and deliver them to the spot exchange. The turnover of methanol market in central Shandong was stable at 2310-2320 yuan / ton, which was sent to cash. Shandong methanol Lubei market is stable at 2300-2320 yuan / ton to cash. Business community methanol analysts expect that the domestic methanol market in the short term consolidation.

For liquid ammonia, the current shortage of liquid ammonia supply may be alleviated in the near future. After the Qingming Festival, the news of plant start-up has been released. Large plants in Henan may resume production after the festival, and the plant in Chongqing will resume production in mid April. In addition, the delivery of goods in Northeast China has also increased. It is expected that the supply will increase slowly in the near future. Therefore, the price of liquid ammonia may reach the top at present.

On April 7, the urea market in Shandong Province was temporarily stable. In terms of demand, agricultural demand was mainly sporadic procurement; the starting load of downstream compound fertilizer and rubber sheet plants increased slightly, and most of them followed the market. Supply side: at present, the operating rate of urea enterprises is about 80%, with a slight increase, and the daily output is about 160000 tons. The start-up load of urea enterprises is increased and the supply side is sufficient.

Dichloromethane. On April 6, the reference price of dichloromethane was 3783.33, up 1.07% compared with that on April 1 (3743.33). At present, the domestic dichloromethane market is seeking a new balance point. On the one hand, the downstream is in conflict with the high price in the early stage. On the other hand, the cost side and demand side have different degrees of support for dichloromethane. On the whole, the market price in the later stage will continue to drop Until a balance is formed.

3、 Future forecast

Liquefied natural gas analysts of business news agency believe that: at present, the liquefied natural gas market is entering the off-season, the downstream demand is general, the trading volume turns weak, and the price drops to the bottom. Due to cost considerations, the liquid price in some areas stops falling and rises, but the range is not large. It is expected that the liquefied natural gas market will fluctuate at a low level and the price will fluctuate slightly in the short term.

According to the data monitored by the business community, as of April 6, the average price of domestic rubber grade high-grade silica was 4716.67 yuan / ton. The market of silica was stable, the transaction atmosphere was general, the downstream just needed to purchase, the stock atmosphere was cold, the overall supply and demand of the market was balanced, and the early market trend was maintained.

The overall operation of domestic rubber grade silica market is stable, the quotation range is maintained between 4000-5000 yuan / ton, the price is mainly stable, the main contract orders are mainly, the downstream just need to purchase, the purchasing atmosphere is flat, the number of new orders is limited, most of them focus on negotiation, the business mentality is stable, the negotiation atmosphere is general, the business take the goods carefully, the shipment is slow, and the overall market is running smoothly.

Chemical industry index: on April 5, the chemical industry index was 1004 points, unchanged from yesterday, down 4.29% from 1049 points (2021-03-10), the highest point in the cycle, and up 67.89% from 598 points, the lowest point on April 8, 2020. (Note: period refers to the period from December 1, 2011 to now)

The upstream hydrochloric acid mainly operates stably with limited price fluctuation range. The latest price of some enterprises is 150 yuan / T for Dezhou Maihua, 300 yuan / T for Jinan Yuanfei, 260 yuan / T for Shanxi Wenshui and 750 yuan / T for Dezhou Shihua. Hydrochloric acid index: on April 5, the hydrochloric acid commodity index was 62.28, unchanged from yesterday, down 37.72% from the highest point of 100.00 (2011-09-12) in the cycle, and up 246.38% from the lowest point of 17.98 on September 5, 2012. (Note: period refers to 2011-09-01 to now). (Note: period refers to the period from September 1, 2011 to now)

Business analyst, white carbon analyst, said: the official account of the white carbon market is deserted. The downstream market just needs to maintain the trend of the previous market and operate steadily.