Commodity index: Polyaluminium chloride commodity index on May 31 was 105.41, down 0.54 points from yesterday, down 2.50% from the peak of 108.11 points in the cycle (2019-04-24), up 4.47% from the lowest point of 100.90 points on April 09, 2019. (Note: Period refers to 2019-04-01 to date)

Latest price (May 31): Polyaluminium chloride (solid, content (>28%) quoted 1950 yuan/ton.

Analysis Points: On May 31, the domestic polyaluminium chloride market was relatively stable. According to the monitoring data of the commercial association (100ppi.com), the mainstream quotation in the domestic market of polyaluminium chloride is about 1800-1900 yuan/ton for solid polyaluminium chloride (industrial grade, content (>28%) and 330-390 yuan/ton for liquid (industrial grade, content 10-12%).

Industry chain: Recently, the price of hydrochloric acid and other products in upstream of polyaluminium chloride is relatively stable; on May 31, the mainstream price of hydrochloric acid monitored by business associations was about 80 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: 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 polyaluminium chloride is basically stable.

Price Trend

According to the data of business associations, the domestic dry-process aluminium fluoride fell in May. At the beginning of the month, the average market price was 9,500 yuan/ton, and at the end of the month, it was 9,300 yuan/ton. The price was reduced by 1.75%.

II. Market Analysis

In May, the price of aluminium fluoride dropped: at present, the price of aluminium fluoride in Henan is between 9000 and 9200 yuan/ton, while that in Shandong is between 9000 and 9200 yuan/ton. Zhengzhou Tianrui Grain Technology Co., Ltd. quoted 9500 yuan per ton of aluminium fluoride, Shandong Luzeng Chemical Co., Ltd. quoted 10500 yuan per ton of aluminium fluoride, Zhengzhou Zerun Energy and Chemical Co., Ltd. quoted 9000 yuan per ton of aluminium fluoride.

Industry Chain: Hydrofluoric acid prices have risen slightly for four consecutive weeks this month. Enterprises reflect that the supply of hydrofluoric acid on-site is tight. Recently, the situation of on-site purchases has improved. Some enterprises have a low start-up rate of hydrofluoric acid plants and a small rise in ex-factory prices. Recently, the start-up rate of hydrofluoric acid plants is general, and the supply of hydrofluoric acid plants is tight. At present, the mainstream of hydrofluoric acid negotiations in southern China is 11,000-11,500 yuan./ The price of hydrofluoric acid in the northern market ranges from 11,000 to 12,000 yuan per ton. However, in May, the price of downstream product Aluminum fluoride fell sharply, rising only a week, and the current market price of Aluminum fluoride fell to 9,000 yuan/ton.

3. Future Market Forecast

Analysts of Aluminum Fluoride Industry in Business, Social and Chemical Branch believe that the price of hydrofluoric acid in the upstream has been rising slightly continuously, and the current intentions of manufacturers in the Aluminum Fluoride market are obvious, so the price of Aluminum Fluoride will rise steadily in June.

Price trends:

According to the monitoring data of business associations, the trend of caustic soda is stable temporarily, and the average price in Shandong market is about 705 yuan/ton as of May 28. On May 27, the caustic soda commodity index was 101.44, which was the same as yesterday. It was 50.96% lower than the peak of 206.87 points in the cycle (2017-11-14), and 38.45% higher than the low of 73.27 points on March 29, 2015. (Note: Period refers to 2011-09-01 to date)

II. Market Analysis

Products: Caustic soda price is mainly stable temporarily. The performance of caustic soda in Shandong is weak and stable. The mainstream quotation of 32% caustic soda in Shandong is 650-740 yuan/ton. The market performance is flat. The quotation of traders is stable and the transaction is general. It is expected that the price of caustic soda will be more stable in the later period. The mainstream quotation of 32% ionic membrane caustic soda market in Hebei is about 660-810 yuan/ton. The price of caustic soda has not been adjusted for the time being, and the downstream transaction is general. Main: The price of caustic soda in Jiangsu is stable. The mainstream price of 32% ionic membrane caustic soda market is 780-800 yuan/ton. The market demand is general and the supply is relatively stable. The operators are mainly on the wait-and-see attitude. They are expected to operate more stably in the later period. In some enterprises, the supply has been reduced to a certain extent, which has played a positive role in the market, but the demand side is not good, and the overall market is difficult to rise.

Business analysts believe that the domestic caustic soda market is calm. In the aspect of liquid alkali, due to the increase of overhaul, a small number of manufacturers raised their quotations, while other manufacturers remained stable. The market performance is flat, the quotation of traders is stable and the turnover is general. Short-term market price or stable operation is the main, specifically looking at the downstream market demand.

On May 26, the ammonium nitrate commodity index was 103.51, which was the same as yesterday. It was 12.59% lower than the cyclical peak of 118.42 points (2019-01-15), and 33.79% higher than the lowest point of 77.37 on October 31, 2016. (Note: Period refers to 2013-02-01 to date).

Recently, the price trend of domestic ammonium nitrate Market is temporarily stable. Affected by environmental protection control, domestic ammonium nitrate plant shuts down more, domestic ammonium nitrate plant starts less, but with the warming of the weather recently, the influence of northern air limitation disappears. In addition, due to the complete shutdown of domestic downstream civil explosion industry, domestic ammonium nitrate manufacturers have more stockpiles, and the price trend in the field declines. As of the 27th, domestic ammonium nitrate market price negotiations in 1900-2050 yuan/ton, affected by environmental protection, so now many manufacturers in many areas are forced to limit production or stop production and maintenance for environmental protection inspection, the price trend of ammonium nitrate on the site is temporarily stable.

Recently, the domestic nitric acid price trend is temporarily stable, as of 27 days, the market price is 1666.673 yuan/ton. The rising trend of nitric acid price has a positive impact on the ammonium nitrate market, and the price trend of ammonium nitrate is stable. The price trend of upstream raw material liquid ammonia is declining. As of 27 days, the price quoted by manufacturers in the northern region is maintained in the range of 3000-3500 yuan/ton, while that in the northwest region is in the range of 2800-3000 yuan/ton and upstream. The decline of raw material price has a negative impact on ammonium nitrate market, and the price trend of ammonium nitrate Market is temporarily stable. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened and the stocks of ammonium nitrate manufacturers have increased, but the liquid ammonia market is on the rise again. The ammonium nitrate Market is shaking at a low level because of the bad market. Ammonium nitrate analysts believe that the recent upstream raw material market price shocks, but the downstream demand is not good, ammonium nitrate market prices are expected to remain low in the latter part of the shocks.

First, the price trend:

Second, the market analysis: Domestic market: Crude benzene market offer rose slightly this week in east China this week’s tender prices rose by about 10 yuan/ton, most manufacturers prices stable. Market supply, the recent coking enterprise construction rate, Shanxi Shaanxi is affected by environmental protection overall in about 70%, Shandong region slightly higher in about 80%, Hebei region by air quality impact slightly lower in 60%. As of Friday, Shandong region processing crude benzene quotation stable quotation range in 3250 yuan/ton, Shanxi region processing with crude benzene price stable in 3100-3150 yuan/ton. Inner Mongolia area processing with crude benzene quotation stable quotation in 3000 yuan/ton.

Downstream hydrogenated benzene enterprises in the recent construction rate, although gradually restored, but still to digest inventory mainly, crude benzene procurement enthusiasm in general, difficult to form support for the market. Industrial chain: Crude oil: Oil prices overall high volatility this week, closing oil prices fell sharply in Thursday. Pure benzene aspect: The message surface is basically smooth, to the spot market cost support is strong, the market low price resources are difficult to find, the merchant’s willingness to price is strong. Although the port stock has been lower, but the overall range is not small, the market influence is low. Constant force start load will gradually improve, downstream plant inventory is high, the willingness to take goods is low, the overall atmosphere is light. Although domestic inventory has a small drop, but the overall stock volume is still at a high of 23.24 million tons. Hydrocracking: This week, the market price of hydrogenated benzene is more stable, as of Friday, Shandong region, the mainstream quotation range of the hydrogenation market in 4150-4200 yuan/ton, the same as last week, the East China hydrogenated benzene market mainstream quotation range of 4350-4450 yuan/ton, compared to last week cut 50 yuan/ton. This week, hydrocracking Enterprises began to gradually resume, Shandong region Enterprises basically resumed construction, only Shandong Holy Transport and Shandong Jade Emperor device parking, another Shandong Jin energy 100,000/ton device started in about 75%, the basic return to normal production, Hebei region most devices resumed driving.

The overall market supply is more normal, trading stability.

Third, the trend forecast: Recently, Sinopec pure benzene listing price has not been raised news. Crude benzene long-term low operation, downstream and traders still have a large inventory in hand, the recent replenishment plan is less, coke Enterprise is more pressure to go, and the terminal market maintenance is increased, pure benzene market consumption is limited, the market mentality is still empty, short-term market material is difficult to significantly rebound.