1、 Price trend

According to the monitoring of the Commodity Market Analysis System of the Business Society, the isopropanol market rose first and then fell this week, with a slight overall increase. Last Thursday, the average price of isopropanol in China was 7120 yuan/ton, while this Thursday’s average price was 7190 yuan/ton. The price increased by 0.98% during the week.

The isopropanol market rose first and then fell this week, with a slight overall increase. At present, the market situation is not warm or hot, with upstream acetone prices fluctuating slightly and propylene prices falling, and cost support being average. The traders’ enthusiasm for taking goods is not high, and the market price fluctuates. As of now, the majority of quotations for isopropanol in the Shandong region are around 6850-7000 yuan/ton; The majority of prices for isopropanol in the Jiangsu and Zhejiang regions are around 7300 to 7700 yuan/ton.

In terms of raw material acetone, the acetone market has declined this week. Last Thursday, the average price of acetone was 6220 yuan/ton, while this Thursday’s average price was 6601.25 yuan/ton. The price has been reduced by 0.28%. The price of acetone has fluctuated and declined, with strong downstream wait-and-see sentiment and cautious orders. The shipment situation of holders is average.

In terms of propylene, the propylene market fell this week. Last Thursday, the average price of propylene in Shandong was 7052.6 yuan/ton, while this Thursday’s average price was 6880.6 yuan/ton. During the week, the price decreased by 2.44%. The inventory of manufacturers has slowly increased, and the export pressure of propylene enterprises has increased. The trend of polypropylene market has declined, and the demand in the downstream market is weak. The overall market has weakened, and the downstream is more wait-and-see, with steel demand being the main demand. The price of propylene has decreased.

3、 Future Market Forecast

Isopropanol analyst from the Chemical Branch of the Business Society believes that the price of raw acetone has fluctuated and decreased, while the price of propylene has decreased. The support for raw materials is average, while downstream demand is tepid and tepid. Downstream and traders are cautious in purchasing and are more wait-and-see. It is expected that the isopropanol market will be weak in the short term and will continue to consolidate and operate.

1、 Price trend

According to the commodity analysis system of the business agency, the price of neopentyl glycol in the domestic market rose slightly this week. This week, the average price of the mainstream market of neopentyl glycol in China rose from 10266.67 yuan/ton at the beginning of the week to 10766.67 yuan/ton at the end of the week, up 4.87%. Weekend prices fell by 37.88% year-on-year. On May 8th, the new pentanediol commodity index was 51.89, unchanged from yesterday, a decrease of 49.92% from the cycle’s highest point of 103.61 points (2021-09-22), and an increase of 20.53% from the lowest point of 43.05 points on November 28th, 2022. (Note: The cycle refers to the period from September 1st, 2021 to present)

2、 Market analysis

The price of neopentyl glycol in the mainstream market rose slightly this week.

From the perspective of neopentyl glycol upstream raw material market, the domestic isobutyraldehyde market price rose sharply this week. This week, the average price of domestic isobutyraldehyde mainstream market rose from 7433.33 yuan/ton at the beginning of the week to 9516.67 yuan/ton at the end of the week, up 28.03%. Weekend prices fell by 37.25% year-on-year. The price of upstream raw materials market rose sharply, with good cost support. Affected by the supply and demand, it has a positive impact on the price of neopentyl glycol.

3、 Future prospects

In mid to early May, the market trend of new pentanediol may fluctuate slightly and rise mainly. The upstream isobutyraldehyde market has seen a significant increase, with good cost support. The downstream paint market is average, and the enthusiasm for downstream procurement has weakened. Analysts from Business Society believe that in the short term, the market for new pentanediol may experience slight fluctuations and gains due to various factors such as supply and demand, as well as raw materials.

1、 Price trend

Taking the sulfuric acid rutile titanium dioxide with a large volume of goods in the domestic market as an example, according to the monitoring data of the business community, the market price of titanium dioxide is basically stable this week. The average price of domestic titanium dioxide is 16950 yuan/ton.

2、 Market analysis

The domestic titanium dioxide market is basically stable this week. Overall, the performance of the international market is decent, while the trading situation in the domestic market is relatively light. The actual transactions in the market are cautious, and downstream customers are more wait-and-see and purchase according to demand. At present, the cost pressure on enterprises is high, and the quotation remains firm. Up to now, most domestic rutile titanium dioxide quotations are between 16000-17500 yuan/ton; The quotation of anatase titanium dioxide is about 14500-15000 yuan/ton.

In terms of titanium concentrate, the price of titanium concentrate in Panxi region remained stable this week. At present, the spot supply of titanium concentrate in the market is still somewhat tight. Recently, due to environmental inspections in the Chengde area, mining enterprises have basically stopped production. Downstream titanium dioxide enterprises are under cost pressure, with an increase in procurement inquiries and a focus on wait-and-see. Actual transactions are relatively cautious. As of now, the tax-free quotation for grade 38 42 titanium ore is around 1550-1600 yuan/ton, the tax-free quotation for grade 46 10 titanium concentrate is around 2250-2280 yuan/ton, and the quotation for grade 47 20 titanium concentrate is around 2350-2400 yuan/ton. In the short term, the market price of titanium concentrate is stable for the time being, and the actual transaction price is discussed separately.

In terms of sulfuric acid, the price of domestic sulfuric acid market fell this week. The price of sulfuric acid has been lowered from 218.33 yuan/ton on Monday to 215 yuan/ton on Friday, with a price reduction of 1.53%. The upstream sulfur market has recently experienced a slight decline, with average cost support. The downstream markets of hydrofluoric acid and titanium dioxide were consolidated at a high level, while the market of ammonium sulfate fell slightly, and downstream customers were generally enthusiastic about purchasing sulfuric acid.

3、 Future Market Forecast

Titanium dioxide analysts from the Business Club believe that the price of sulfuric acid market will be lowered, and the price of titanium concentrate in Panxi will remain stable. The cost support of titanium dioxide is weak, and the domestic titanium dioxide market is light. It is expected that titanium dioxide will continue to operate stably in the short term, and the actual transaction price will be discussed separately.

Product name: isobutyraldehyde

Latest price (May 4th): 8150.00 yuan/ton

On May 4, the price of domestic isobutyraldehyde market rose sharply, 666.67 yuan/ton, 8.91% higher than that on May 3, and 42.47% lower than that on the same period last year. Some manufacturers have stopped for maintenance, resulting in a tightening supply of isobutyraldehyde and tight spot circulation. Large factories have raised their prices. The price of raw material propylene has stabilized at a low level, with average cost support. The downstream market for neopentyl glycol has stabilized at a low level, and downstream customers have a moderate enthusiasm for purchasing isobutyraldehyde.

It is expected that the domestic isobutyraldehyde market price will rise slightly in the future, mainly finishing. The average market price is around 8500 yuan/ton.

April Price Trend

According to the Commodity Market Analysis System of the Business Society, the price of cryolite remained stable in April. On April 28th, the average market price in Henan Province was 7825 yuan/ton, which was the same as the price at the beginning of the month at 7825 yuan/ton, and increased by 2.29% year-on-year.

In April, the domestic cryolite market was stable and wait-and-see. During the month, the cryolite enterprises’ quotations were mainly stable. Some enterprises in Shandong Province made a small reduction in their quotations according to their own shipments. The raw material prices were stable at a high level. The upstream costs supported the cryolite price at a high level. The downstream demand was general. The market access was followed up as needed. The cryolite enterprises’ shipments were OK, and the market price was stable.

Analysis of upstream and downstream market conditions

On the upstream side, domestic fluorite remained stable and upward in April. Mining enterprises were affected by safety and environmental requirements, resulting in insufficient production of fluorite and tight spot supply. The price of fluorite remained high, while the demand side hydrofluoric acid price slightly increased, which brought some benefits to the fluorite market. The price trend of fluorite slightly increased, with an average price of 3075.00 yuan/ton as of the end of the month, an increase of 1.23% compared to the price of 3037.50 yuan/ton at the beginning of the month.

The downstream aluminum market fell first and then rose in April. At the end of the month, the average price of domestic aluminum ingots in the East China market was 18490.00 yuan/ton, a decrease of 1.00% compared to the average market price of 18676.67 yuan/ton at the beginning of the month. In April, the social inventory of aluminum ingots significantly decreased, and the export situation was average. Domestic production increased, and under the game of supply and demand, the aluminum market fluctuated.

Future Market Forecast

The cost support of cryolite enterprises is good, the supply of raw materials is tight, and the price of cryolite is operating at a high level. Downstream follow-up is needed, and the enterprise’s shipment is still acceptable. The market supply and demand are stagnant, and it is expected that the short-term cryolite market will operate on a wait-and-see basis.