1、 Trend analysis

As shown in the figure above, copper prices rose slightly on the 1st, with the spot price of 73670 yuan / ton, down 0.03% from the previous day, up 5.35% from the beginning of the year and up 12.4% year-on-year.

Oil prices fell and copper fell slightly by 0.04% overnight. China’s PMI performance is lower than expected, and the government is expected to introduce more positive policies to boost the economy. Although there may be some tension in the current negotiations between Russia and Ukraine, it has not been finalized. The domestic epidemic has impacted both sides of supply and demand, and multiple factors have added uncertainty to the current copper price. Copper prices remained high and fluctuated mainly.

According to the data of business agency, the domestic market price of maleic anhydride increased slightly on March 31. As of March 31, the average price of benzene hydrogenation maleic anhydride remained at 12233.33 yuan / ton, up 0.55% from the price of 12166.67 yuan / ton on March 30 and down 5.90% from the same period last month.

Recently, the downstream unsaturated resin market is mainly sorted out. On the upstream side, supported by downstream demand, the market transaction was good, and the prices of local refining enterprises continued to rise today. The short-term price of pure benzene is mainly affected by crude oil and public health events. Today, the price of domestic pure benzene is 8450-8650 yuan / ton. The mainstream quotation range of hydrobenzene market in East China is 8400 ~ 8500 yuan / ton, with an average price of 8450 yuan / ton, unchanged from the previous trading day. The price of n-butane remained stable, with 6800 yuan / ton in Shandong today.

On the 31st, the domestic maleic anhydride market was mainly sorted out, and the downstream resin manufacturers were mainly in need of purchase. Affected by the domestic epidemic, the transportation is limited, and the downstream goods preparation atmosphere before Qingming Festival is light. It is expected that the maleic anhydride market may be dominated by weak consolidation in the near future.

On the 30th, the high level of domestic ethyl acetate Market stabilized. The high price of raw acetic acid has obvious support for the downstream ethyl ester. The price of the main bidding factories in Shandong remained stable, and the premium transaction boosted market confidence. However, at present, the market is still affected by the epidemic, the shipment in East and North China is still restricted, and the downstream just needs to follow up. The mainstream transaction price in the market is in the range of 8400-8600 yuan / ton.

Future forecast: the business society believes that the domestic ethyl acetate may come out of the downturn with the acetic acid Market in the near future. The market supply and demand maintain a balanced situation. In the short term, we still need to pay attention to the trend of raw material acetic acid, which is bullish, but the upward space needs to be cautious.

1、 Price trend

Latest price (March 29): 17166.67 yuan / ton

Key points of analysis: according to the data monitoring chart of business agency, the price of refrigerant R22 was temporarily stable on March 29, unchanged from the previous day, with a year-on-year increase of 7.74%. The market of raw materials hydrofluoric acid and chloroform is temporarily stable, and the cost support is OK. However, the public health events in various places are intensified, the logistics is not smooth, the market trading is not much, and the price of R22 is temporarily stable. At present, the price of raw material hydrofluoric acid is mostly 10200-10500 yuan / ton, the price of chloroform is about 5800 yuan / ton, and the market quotation of R22 is mostly in the range of 17000-18000 yuan / ton.

R22 market is expected to run stably for the time being.

According to the data monitoring of business agency, the average price of EVA in the domestic market was 21033.33 yuan / ton on March 25 and 21033.33 yuan / ton on March 28. The single day price remained stable, up 7.86% compared with March 1.

On the 28th, the domestic EVA market price stabilized after falling, and the price was weak. There is little change in the ex factory price of petrochemical, and the narrow rise in the source price of bidding goods has brought some support to the market, but the terminal demand is limited, the downstream market entry enthusiasm is general, and the overall trading atmosphere of the market is poor. It is expected that the EVA Market price will be weak in the short term.