1、 Price trend

According to the monitoring of bulk data of business agency, the trichloromethane market in Shandong Province rose first and then fell in April. The average price of trichloromethane at the beginning of the month was about 1550 yuan / ton, rising to about 1700 yuan / ton in the middle of the month, up 9.68%, and falling to 1500 yuan / ton at the end of the month, down 3.23% as a whole.

2、 Cause analysis

Product reason: in the first half of April, due to the support of high price liquid chlorine on the cost side, and the low inventory of trichloromethane production enterprises, the price of trichloromethane continued to rise. However, due to the poor demand in the downstream market, after the middle of the month, the price of Trichloromethane continued to decline due to the start of competitive shipping for fear of inventory pressure. At present, the quotation in Shandong is about 1500-1550 yuan / ton, Jiangxi Liwen is about 2050 yuan / ton, and Jiangsu is about 2800 yuan / ton.

Industry chain: in the upstream, the domestic methanol market has declined, and the price of each region has been adjusted according to the supply and demand relationship. The downstream just needs to prepare goods, and the traders operate cautiously. At present, the price of 1620 yuan / ton is about; in the month, the liquid chlorine market is high and volatile, the market supply is well supported, and the enterprise’s shipment is acceptable, and the current quotation in Shandong is about 700-900 yuan / ton. In the downstream, the domestic refrigerant market is not good, the domestic and foreign demand is not as expected, the market trading is cold, and the current price is around 17000 yuan / ton; the recovery of solvent and pharmaceutical pesticide industry is slow, the demand is light, and the price support for chloroform is insufficient.

3、 Future forecast

According to the data analyst of methane chloride of business association, at present, the market of trichloromethane is gradually showing a situation of supply exceeding demand, and the situation of enterprises bidding for shipment is obvious. However, due to the high production cost, the space for price reduction of trichloromethane is limited, and it is expected that the operation will be weak in a short time.

1、 Price trend

According to the data monitored by the business association, as of April 27, the ex factory price of rubber grade and high-quality silica was 4566.67 yuan / ton, and the market price of silica in China was relatively stable.

market analysis

Products: the stable operation of the white carbon black market is the main factor, the merchants are actively shipping, strong willingness to hold the price, with the public time being eased, the logistics has recovered, the shipping is smooth, most of the downstream maintain the wait-and-see just need to purchase, the actual single volume is limited, and the inventory is general..

Industry chain: the upstream hydrochloric acid market continues to be stable, the market trading atmosphere maintains the previous level, and the manufacturer has a strong quotation atmosphere for hydrochloric acid.

Industry: on April 26, the chemical industry index was 622, up 1 point compared with yesterday, down 38.78% compared with 1016 (2012-03-13), and up 4.01% compared with 598, the lowest point on April 8, 2020. (Note: cycle refers to 2011-12-01 to now)

Future forecast

According to the white carbon black analyst of business association, the rubber grade white carbon black market will continue to be stable in the short term. (the above prices are provided by the major manufacturers of silica all over the country and analyzed by the business silica analysts for reference only. For more details, please contact the relevant manufacturers for consultation.)

1、 Price trend

According to the price monitoring of the business agency, the market price of asphalt is stable this week, and the price of asphalt is reported to be 2252 yuan / ton, which is stable compared with that of last week.

2、 Analysis of influencing factors

Product: this week, the international oil price fell, the asphalt market and the terminal demand release were limited, and the social inventory consumption was slow. However, the asphalt manufacturers sold at a high price, and the asphalt market price remained stable.

Industry chain: WTI futures delivery dropped international oil prices, crude oil prices fell, the “US Iraq” relationship between China and the United States was once again strained, geopolitical risk factors increased the premium space of crude oil; at the same time, OPEC + and other oil producing countries gradually put production reduction on the agenda, active production reduction superimposed by movable production reduction brought certain boost to the market. International oil prices fall first and then rise.

In terms of asphalt Market: at the beginning of the week, driven by the increase of Sinopec and PetroChina refinery asphalt prices, but then on Tuesday, the international crude oil plummeted, driving the asphalt price down. This week, prices in the northwest and Northeast were basically stable. The southern region just needed to support the shipment. In addition, some resources of the refinery were transferred across regions, which led to smooth shipment of the refinery. The inventory decreased significantly. The price of asphalt market rose and fell steadily.

3、 Future forecast

Lu Xingjun, an asphalt analyst with business club, believes that: the operating rate of domestic refining plants has reached a high level, the release of asphalt terminal demand is limited, and the low oil price has depressed the market mentality, and it is expected that the short-term asphalt market price will be weak and stable.

1、 Trend analysis

As shown in the figure above, on April 22, spot copper fell slightly, and the current price is 41081.67 yuan / ton, down 2.22% compared with the previous day, down 16.93% year on year. Shanghai copper main contract opened low today to 40350 yuan, rebounded in the afternoon to narrow the decline, closing at 41090 yuan, down 0.84%.

2、 Market analysis

Due to severe oversupply in the US oil market, impending expiration of contracts and Texas’s decision to cut production, the historic rout of crude oil dragged down commodities and non-ferrous metals fell. The overseas epidemic led to the decline of export orders, the expansion of the price gap between refined and waste products limited the ability to move up the copper price, while the impact of the reduction of copper production in South America gradually emerged, as well as the recovery of production of downstream processing enterprises improved the demand, which still supported the copper price. According to data, China’s refined copper output in March was 771000 tons, down 2.5% year-on-year, the lowest since May last year.

3、 Future prospects

Based on the above situation, copper analysts of non ferrous branch of business cooperation think that: the current copper price is supported by the increase of copper terminal interference rate and the continuous de stocking of domestic inventory. However, due to the growing concern of the epidemic market for the economic prospect, there is still uncertainty in the transmission of ore terminal disturbance to the release of refined copper, and the predicted copper price still maintains a volatile trend in the short term.

Market Overview:

According to the bulk data monitoring of the business agency, the dichloromethane market in Shandong continues to decline. As of April 21, the average price of dichloromethane in Shandong is about 2090 yuan / ton, down 10.68% from April 13.

Market analysis:

Products: at present, the dichloromethane production enterprises in Shandong Province have started smoothly as a whole, with a certain amount of market inventory accumulation and flat demand in the downstream market. In order to reduce the follow-up inventory pressure, the enterprises are bidding for more shipments, and the market price continues to decline. At present, Shandong Province offers 2060-2090 yuan / ton, Jiangxi Liwen 2700 yuan / ton and East China 2100-2300 yuan / ton.

Industry chain: in the upstream, the domestic methanol market runs at a high price, the enterprise’s inventory pressure is not high, the surrounding market is actively pushing up, and the market transaction atmosphere is fair, at present, about 1730 yuan / ton; the liquid chlorine market is adjusted by shocks, the downstream market demand is improved, and the enterprise’s shipment is stable, and the current quotation in Shandong is about 500-700 yuan / ton. In the downstream, the supply and demand of domestic refrigerant market are weak, and the delivery is cold; the recovery of solvent and pharmaceutical pesticide industry is slow, the demand is weak, and the price support for dichloromethane is insufficient.

Future forecast:

According to the data analyst of methane chloride of business association, at present, the spot supply of dichloromethane is sufficient, the demand of downstream market is poor, the inventory pressure of enterprises is gradually increasing, and more competitive shipments are made, which is expected to be weak in a short period of time.