The Ammonium Nitrate Commodity Index of May 5 was 107.02, the same as yesterday, down 9.63% from 118.42 at the highest point in the cycle (2019-01-15), up 38.32% from the lowest 77.37 point on October 31, 2016.

(Note: cycle refers to 2013-02-01 to present) Recently, the domestic ammonium nitrate market price trend slightly lower, affected by environmental control, domestic ammonium nitrate plant shutdown more, domestic ammonium nitrate device driving less, but recently with the warmer weather, the northern gas limit effect disappeared, coupled with the domestic downstream civil explosion industry all shut down, domestic ammonium nitrate manufacturers inventory more, the price trend in the field decline.

As of 6th domestic ammonium nitrate market price negotiations in 1850-2050 yuan/ton, affected by environmental protection, so now many areas of manufacturers are forced to production restrictions or cut off maintenance for environmental inspection, the site ammonium nitrate price trend slightly declined. Recently, the domestic nitric acid price trend temporarily stable, as of 6th market price of 1576.67 yuan/ton, nitric acid price trend stability on the ammonium nitrate market has little impact, ammonium nitrate price trend is stable; upstream raw material liquid ammonia price to rise, as of 6th liquid ammonia market price of 3470 yuan/ton, Upstream raw material price trend shock for the ammonium nitrate market to bring a certain cost support, ammonium nitrate price trend slightly lower. Recently downstream civil explosion industry peak season, for the ammonium nitrate market demand weakened, ammonium nitrate manufacturers inventory increased, but the liquid ammonia market is also rising trend, ammonium nitrate market due to bad market low shock. Business Society ammonium nitrate analysts believe that the recent upstream raw material market price to maintain a shock, but downstream demand is not good, expected late ammonium nitrate market price or maintain concussion.

May 4 The Phenylanhydride Commodity Index was 63.75, the same as yesterday, down 46.93% from 120.13 at the highest point in the cycle (2012-02-28), up 31.66% from its lowest 48.42 point on January 21, 2016.

(Note: cycle refers to 2011-09-01 to date). Recently, the domestic phenylanhydride market price trend to maintain low, east China phenylanhydride anhydride market weak low, downstream plant maintenance just need to purchase, factory inventory pressure continued, high-end transactions blocked, the field adjacent to the law source negotiations in 6500-6600 yuan/ton, naphthalene method source talks mainstream in 6300 yuan/ton

, North China Phenylanhydride market mainstream quotation in 6400-6600 yuan/ton, the market weak shock mainly, the price of each enterprise small decline, downstream construction is not high, on-demand procurement mainly, the wait-and-see mentality is thicker, the domestic phenylanhydride device operation is stable, the field phenylanhydride spot supply is normal, the goods market is not good, phenylanhydride price trend Yin fell. Recent Phenylanhydride upstream products phthalic Sinopec implementation price of 6700 yuan/ton, the current market price of 6700 yuan/ton, quotation stability, port goods market in general. Upstream raw materials mixed xylene price shock stability, adjacent benzene volume in general, port phthalic inventory low, adjacent benzene foreign disk price, the cost of imported phthalates rise, the actual transaction price of a detailed details, upstream price trend stability, phenylanhydride market prices to maintain a weak. Downstream DOP prices are low, recently in Zhejiang area DOP Market, merchant quotes to maintain 8100-8200 yuan/ton out of the warehouse, downstream prices slightly lower, for upstream phenylanhydride demand is limited, phenylanhydride market price slightly lower, expected late phenylanhydride market price or will be in 6500 yuan/ton.

Trade Name: Polyacrylamide

Monthly Trend: As shown in the figure, the monitoring data of Business Association (100ppi.com) show that on April 1, the mainstream price of polyacrylamide cations (PAM, molecular weight 12 million) in the domestic market was about 16,366 yuan/ton, on April 17, the mainstream market price was 17,566 yuan/ton, and the maximum monthly increase was 7.33%. Since then, the price has fluctuated slightly to 17,233 yuan/ton on the 30th, with a monthly increase of about 5.3%; the anion (PAM, molecular weight 12,000 yuan/ton) has increased slightly. Ten thousand to twelve thousand yuan per ton is the mainstream quotation in the domestic market, and the monthly price does not change much.

Industry chain: According to the survey results of manufacturers, the rising prices of upstream products of Polyacrylamide in the middle of this month led to a corresponding increase in the production cost of polyacrylamide and a rise in the price of PAM market, but the downstream demand has not changed much, and the overall market has been stable in the near future.

Future market forecast: In the short term, if there is no big fluctuation in the price of raw materials in the upstream, the demand in the downstream is relatively stable, and the market price of domestic polyacrylamide is basically stable.

Name: Polyaluminium chloride (solid)

Latest price (April 29): 1983.33 yuan/ton

Analysis Points: On April 29, the market of domestic polyaluminium chloride did not change much. According to the monitoring data of the commercial association (100ppi.com), the main quotation in the domestic market of polyaluminium chloride is 1850-1900 yuan/ton for solid polyaluminium chloride (industrial grade, content (>28%) and 350-390 yuan/ton for liquid (industrial grade, content 10-12%).

Industry chain: According to the survey results of manufacturers, the price of hydrochloric acid and other products in the upstream of polyaluminium chloride has not changed much recently; since April 10, the mainstream price of hydrochloric acid has maintained about 177.5 yuan/ton. The downstream demand is basically stable, and the overall price of polyaluminium chloride has not changed much in recent years.

Future market forecast: If there is no big fluctuation in the price of raw materials in the upstream in the short term, the demand in the downstream is relatively stable, and the market price of domestic polyaluminium chloride is basically stable.

Price Trend

This week (4.22-4.26) the domestic 1_tin ingot Market declined, with the average domestic market price at 146,825 yuan/ton at the beginning of the week and 146,100 yuan/ton at the end of the week, down 0.49%.

On April 27, the tin commodity index was 74.42, unchanged from yesterday, down 25.77% from the cyclical peak of 100.25 points (2011-09-05), and up 73.64% from the lowest point of 42.86 on December 09, 2015. (Note: Period refers to 2011-09-01 to date).

II. Market Trend Analysis

Domestic market: This week, affected by Shanghai Tin, the main spot transaction price dropped from 146000-147000 yuan/ton on Monday to 145500-146500 yuan/ton on Friday. In terms of lifting and discharging, the discount area has been reduced this week, from 900-1800 yuan/ton to 500-1200 yuan/ton. Trading situation, the market wait-and-see mood is strong, trading in general.

Non-ferrous industry: This week, the US data is bright, the euro zone data is weak, the US dollar index has finally got rid of the oscillating platform range in the past two years, hitting a two-year high of 98.3. Most of the basic metals are under pressure, and the May Day is coming. Risk aversion factors and weak consumption make most of the products difficult to highlight.

3. Prospects for the Future Market

Next week, there will be only two trading days in China. The market will focus on risk aversion, position reduction and inventory reduction. It is expected that most items will remain volatile and will return after the festival to await the guidance of the external market.