1、 Price trend

According to the monitoring of the Commodity Market Analysis System of the Business Society, the isopropanol market fell this week. Last Thursday, the average price of isopropanol in China was 7140 yuan/ton, while this Thursday’s average price was 6890 yuan/ton. The price fell by 3.5% during the week.

The domestic isopropanol market price fell this week. At present, the market situation is light, and the focus of the domestic isopropanol market is downward. Upstream acetone and propylene have fallen one after another, weakening cost support. Downstream procurement enthusiasm is poor, with on-demand orders being the main focus. Most businesses maintain a wait-and-see attitude, with fewer inquiries and more wait-and-see behavior, resulting in slow shipments. As of now, the majority of quotations for isopropanol in the Shandong region are around 6600-6900 yuan/ton; The majority of prices for isopropanol in the Jiangsu and Zhejiang regions are around 6900-7400 yuan/ton.

In terms of raw material acetone, the acetone market has declined this week. Last Thursday, the average price of acetone was 6420 yuan/ton, while this Thursday’s average price was 5987.5 yuan/ton. The price has been reduced by 6.74%. The downward adjustment of factories has a significant negative impact on the market. Although the operating rate of domestic phenolic ketone plants has declined and the inventory pressure of manufacturers is not high, market trading is sluggish, with fewer active inquiries from terminals and insufficient actual orders.

In terms of propylene, this week’s propylene market situation has decreased. Last Thursday, the average price of propylene in Shandong was 6952.6 yuan/ton, while this Thursday’s average price was 6450.75 yuan/ton. During the week, the price decreased by 7.22%. Due to the sluggish demand market and a significant increase in upstream inventory, factories have continued to reduce prices and inventory to stimulate sales. However, the demand increase is limited, and downstream procurement is cautious, creating a strong wait-and-see atmosphere. It is expected that there will be no significant improvement in downstream demand in the short term, and the propylene market will maintain a weak trend.

3、 Future Market Forecast

Isopropanol analysts from the Chemical Branch of the Business Society believe that the prices of raw materials acetone and propylene have declined significantly, with weak overall support, weak downstream demand, and poor overall trading sentiment in the market. Downstream and traders have low enthusiasm for procurement and lack market confidence. Watch with caution. It is expected that the isopropanol market will be weak in the short term and will continue to consolidate and operate.

According to the Commodity Market Analysis System of the Business Society, as of May 23, the average price of epoxy propane enterprises was 9925.00 yuan/ton, a decrease of 0.50% compared to last Thursday (May 18).

Recently, the epoxy propane market has been stagnant and weak. Recently, the price of raw material propylene has decreased, and the cost support has been weak. Last week, some devices on the supply side have gradually increased, while the demand side is mainly wait-and-see. Downstream procurement mentality is cautious, and factory shipments have weakened. The market is stagnant. At the beginning of this week, the supply side increased, and downstream demand procurement is the main demand. The market atmosphere is average, and the epoxy propane market is showing weak operation. On the 23rd, the mainstream quotation for epoxy propane in the Shandong region was around 9450-9600 yuan/ton.

Upstream propylene, according to the commodity market analysis system of the business community, the recent price of propylene in Shandong has dropped. On May 22, the reference price of propylene was 6783.25, down 3.82% from May 1 (7052.60).

According to epoxy propane analysts from Business Society, there is currently insufficient support on the cost side, incremental supply side, and cautious follow-up on the demand side. It is expected that the epoxy propane market may be weak in the short term, and more attention should be paid to market news guidance.

1、 Price trend

According to the Commodity Market Analysis System of the Business Society, as of May 19th, the average price of refrigerant R22 was 20500.00 yuan/ton, which was generally unchanged from the beginning of the month and increased by 17.14% compared to the same period last year

According to the Commodity Market Analysis System of the Business Society, as of May 19th, the average price of refrigerant R134a was 25166.67 yuan/ton, a slight decrease of 0.66% compared to the beginning of the month price of 25333.33 yuan/ton, and an increase of 16.15% compared to the same period last year.

2、 Market analysis

As of May 19, the domestic price of chloroform continued to decline in a weak way, falling 10.64% in the month, and the price of hydrofluoric acid fell again, falling 2.36% in the month. The cost of raw materials continued to decline. The downstream trade entities were cautious in purchasing and selling. Supported by the arrival of the refrigerant peak season, the manufacturer’s quotation was relatively firm on the whole, and the domestic R22 market price was stable on the whole this week.

As of May 19th, the overall price of trichloroethylene in China has continued to operate at a low level, while the price of hydrofluoric acid has continued to decline weakly, with a decrease of 2.36% within the month. Upstream raw material prices have continued to decline weakly, and at the same time, due to the overall lack of downstream demand orders, enterprises have slightly lowered their factory prices. This week, the overall price of R134a in China has slightly adjusted.

In terms of raw materials, the domestic price of hydrofluoric acid continued to decline after a slight recovery. The cost of raw materials continued to fall under the low pressure system, and the overall price of the domestic refrigerant market will continue to bear pressure in the future.

3、 Future Market Forecast

According to the refrigerant analysts of the business community, the cost of raw materials continues to decline, the refrigerant market price is relatively high, and the overall downstream procurement is cautious. In the short term, under the pressure of cost, it is expected that the domestic R22 and R134a market prices will fall to varying degrees.

According to the monitoring of the commodity market analysis system of the Business Society, the price of activated carbon at the beginning of this week was 11166 yuan/ton, and the price of activated carbon at the weekend was 11533 yuan/ton, with a slight increase of 3.28% in price.

Most domestic activated carbon manufacturers’ quotations remain stable, with some rising. The factory price of activated carbon for coconut shell water purification in East China ranges from 9500 to 12500 yuan/ton. Downstream market inquiries have increased, and most of the goods are sold according to orders, with a focus on market transactions.

Activated carbon has a rich source of raw materials, including coal, sawdust, fruit shells, straw, etc. Through a series of processes, activated carbon suitable for water treatment is prepared. At the same time, activated carbon manufacturers are constantly improving the performance of activated carbon, increasing its working capacity, and effectively adsorbing and purifying wastewater.

Prediction: The activated carbon market needs to be supported by good news, and it is expected that the price of activated carbon will mainly fluctuate in a narrow range in the short term.

According to the Commodity Market Analysis System of the Business Society, the market for polyaluminum chloride continued to fluctuate and decline slightly in the first half of May. Among them, on May 1st, China’s solid (industrial grade, content ≥ 28%) polyaluminum chloride market reported 1800 yuan/ton, and on May 15th, the market reported 1781 yuan/ton, a half month decline of 1.04%.

As shown in the figure, the domestic market of polyaluminum chloride has been declining for several consecutive weeks since February. The weekly decline in April has occasionally expanded, and the decline in the first half of May has slightly contracted. Water treatment enterprises in China’s main production areas have normal production, sufficient spot inventory, unfavorable downstream procurement demand, weak industry prosperity, and a sustained weak market for polyaluminum chloride.

Raw Material Hydrochloric Acid: According to the Commodity Market Analysis System of Business Society, the domestic hydrochloric acid market in the first half of May fluctuated from around 207 yuan/ton to around 175 yuan/ton, with a half month drop of up to 15.46%. The upstream liquid chlorine market has recently stabilized at a low level, with average cost support. The downstream market has slightly declined, and downstream purchasing willingness has weakened. It is expected that in the middle and late May, the price of domestic hydrochloric acid market in the future will fall slightly, with the average market price of about 170 yuan/ton.

Liquefied natural gas for production. According to the Commodity Market Analysis System of Business Society, the domestic liquefied natural gas prices continued to fluctuate slightly after a significant decline in the first half of May, with a weak trend. Among them, the average price of liquefied natural gas in China on May 1st was 4416 yuan/ton, and on May 15th it was 3964 yuan/ton, a half month decrease of 10.24%.

Future forecast: In the first half of the month, the market for raw material hydrochloric acid and fuel liquefied natural gas has significantly declined, and cost support has also weakened. From the fundamental perspective of polyaluminum chloride, production in the main production areas is normal, there is sufficient stock in the market, and downstream demand continues to be weak, resulting in long-term oversupply in the market. Regarding the future market, the polyaluminum chloride market will continue to fluctuate and weaken.