According to the monitoring data of business agency, from March 25 to April 2, the domestic asphalt market fluctuated in a narrow range. The average spot price rose from 3959 yuan / ton to 3969 yuan / ton. During the cycle, the price rose by 0.25%, 10.34% month on month and 27.76% year-on-year.

The domestic asphalt market shows a trend of rising first and then falling, and the overall average price is the main behavior. In terms of regions, the price increase in Southwest China was the most obvious during the week, mainly affected by crude oil and Sinopec’s price increase of 50 yuan / ton; The second is Shandong’s price increase of 65 yuan / ton, mainly Qilu Petrochemical’s price increase of 120 yuan / ton during the week; The price in North China and East China increased by 50 yuan / ton. The price in East China was mainly increased by 20-50 yuan / ton by SINOPEC. North China was mainly affected by the price of crude oil, and the price rose first and then fell.

As of April 2, the factory quotation summary of major asphalt manufacturers in Shandong:

Enterprise, Device, Price

HSBC petrochemical, A 2.3 million T / a atmospheric and vacuum distillation unit was started, with a daily output of 2000 tons, 4430 yuan / ton

Jincheng petrochemical, 1500 tons per day ., 4000 yuan / ton

Kelida., There are two sets of atmospheric and vacuum distillation, one set of 3.2 million T / a atmospheric and vacuum distillation and one set of 1.2 million T / a atmospheric and vacuum distillation, 4000 yuan / ton

Dongming Petrochemical, A set of 3 million T / a atmospheric and vacuum distillation unit is currently converted to residual oil, and the inventory will not be shipped temporarily, with a daily output of 2500-3000, ton 4450 yuan / ton

Shenchi chemical, Normal shipment, / Yuan / ton

Comparison chart of crude oil and asphalt price trend of business society:

The international crude oil fluctuated sharply, the spot fluctuation in the asphalt market was limited, and the fundamentals maintained the weak pattern of supply and demand. As the weather improves in the south, there may be a slight increase in demand.. Asphalt analysts of business society expect that the domestic asphalt market mainly fluctuates in a narrow range.

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.