1、 Price trend

According to the business news agency’s block data list, the average price of domestic phosphoric acid on April 20 was 5250 yuan / ton, up 0.64% from last Tuesday, 1.29% from the beginning of the month, and 5.7% from the same period last year.

2、 Market analysis

Recently, the price of raw material yellow phosphorus continued to rise due to the tight spot and the opening of downstream stock preparation before the festival, which led to the steady rise of the phosphoric acid market. The phosphoric acid enterprises did not adjust the price much. They adjusted the price slightly by 50-100 yuan / ton, carefully watching the market reaction. At present, although the support of cost side is getting stronger, the follow-up of phosphoric acid demand side is general, the inquiry enthusiasm is not high, and the purchasing just needs to be maintained. Both the buyer and the seller are in a wait-and-see state, and the trading atmosphere is not warm. At present, some phosphoric acid enterprises still hold the early quotation shipping, but the rising mentality appears, and the future market is expected to rise with the cost fluctuation. According to the monitoring of the business agency, as of April 20, the quotation in Sichuan is 4900-5550 yuan / ton, that in Yunnan is 5200 yuan / ton, that in Beijing is 4800 yuan / ton, that in Hubei is 5200-5500 yuan / ton, that in Tianjin is 5900 yuan / ton, that in Hebei is 5500 yuan / ton, and that in Guangxi is 5200-5320 yuan / ton. The prices in various regions are stable rise.

Regional ﹣ product specification ﹣ date ﹣ price (yuan / ton)

Sichuan Province: 85% industrial grade – 4900-5550

Hubei Province: 85% industrial grade – 5200-5500

Yunnan Province: 85% industrial grade – 5000-5200

The content of ﹣ phosphoric acid in Guangxi: 85% industrial grade ﹣ 5200-5320

In Beijing and Tianjin, the content of ﹣ 4 ﹣ is 85% industrial grade ﹣ 4800-5900 on April 20

In terms of raw materials, on April 19, the reference price of phosphate rock was 480.00, up 7.46% compared with April 1 (446.67) After the price rise, the domestic phosphorus ore market maintains a high and stable operation. Before May Day, traders of downstream Yellow Phosphorus and other products are likely to stock before May Day, so the downstream purchasing volume will increase. Therefore, the spot supply of phosphorus ore market is smooth, and the inquiry atmosphere will continue to be good in the short term. Therefore, the phosphorus ore analysts of the business community believe that the phosphorus ore market can continue to be stable in the short term The system is running on schedule.

On April 20, the reference price of yellow phosphorus was 17500.00, up 3.55% compared with April 1 (16900.00). Affected by environmental factors, Yunnan’s large factories stopped, the spot of yellow phosphorus was tight, in addition, the downstream stock was prepared before the festival, the price in the yard rose, and the transaction price of new orders was higher. It is expected that the price of yellow phosphorus will rise steadily in the short term.

On April 20, the reference price of the downstream map was 2533.33, down by 1.3% compared with April 1 (2566.67). At present, the raw material cost of map is high, and the downstream demand is limited. It is expected that map will maintain stable operation in the short term.

On April 20, the reference price of DAP in the downstream was 3125.00, which was 0.79% lower than that on April 1 (3150.00). DAP is mainly exported, and domestic spring farming is coming to an end. At present, supply and demand are in balance. Diammonium phosphate is expected to be adjusted in a narrow range in the short term.

3、 Future forecast

According to the phosphoric acid analysts of the chemical branch of business society, the raw material side rose before the festival, and the supporting force gradually strengthened. The phosphoric acid market rose steadily. Some enterprises have made a tentative rise, and it is expected that there will still be a rise in the short term, but the terminal demand generally followed up, and the upward range is not large.

According to the monitoring data of business society, as of April 19, the factory price of domestic industrial grade propylene glycol was 18000 yuan / ton, and the average price rose 2600 yuan / ton, or 16.88% compared with April 6 (reference price of 15400 yuan / ton). Compared with April 1 (reference price of 15900 yuan / ton), the average price increased by 2100 yuan / ton, or 13.21%.

Export support is now tight supply of propylene glycol, up nearly 17% in the two weeks after saving

Since the Qing Dynasty, the domestic propylene glycol market price has risen by 16.88% in two weeks since the Qing Dynasty. In the first two days after the festival, due to the influence of stock preparation before the festival, the downstream mainly digested the inventory, the trading atmosphere in the domestic propylene glycol market was relatively cold, and the market price was also slightly reduced. Since September, the domestic propylene glycol market price has been greatly increased, with the highest daily increase of nearly 1500 yuan / ton, and then the market enters the stable finishing operation stage. The trading atmosphere improved.

The propylene glycol market is short of stock. Since December, the price of the propylene glycol factory has been rising rapidly, with the daily increase of 500-1000 yuan / ton. As of the 19th day, the domestic propylene glycol factory price has risen to 17800-18200 yuan / T, with the average price of 18000 yuan / ton as reference. Compared with the Qingming Festival, the average price of propylene glycol factory has risen 2600 yuan / ton in two weeks, and the total increase after saving has reached 17% .

Business community propylene glycol analysts believe that the sharp rise of domestic propylene glycol market after Qingming Festival mainly comes from the following aspects (for reference only)

In terms of raw materials, the recent raw material propylene oxide continued to run at a high level, the cost of propylene glycol supported strongly, and the price of propylene glycol plant continued to push up.

In terms of export, the global overhaul of devices has led to tight supply at home and abroad, and the export market continues to improve. Most manufacturers mainly deliver foreign trade orders, while the domestic market spot volume is relatively small. As a whole, the fundamentals of propylene glycol are tight, and the price of propylene glycol is going up all the way.

In terms of domestic trade, affected by the sudden increase of export orders, the propylene glycol spot inventory is low, the domestic propylene glycol market supply is tight, the domestic trade resources are relatively insufficient, and the downstream demand is normal, which supports the strong operation of propylene glycol market.

Lido still exists, propylene glycol keeps strong operation in the short term

At present, the domestic propylene glycol market trading atmosphere is good, the mentality of the industry is good, and the market as a whole is mostly positive. Therefore, business community propylene glycol analysts believe that the propylene glycol market in the short term to maintain a strong operation, the future also need to pay more attention to changes in raw materials and exports.

1、 Price trend

According to the monitoring data of the business community, the price of baking soda has been mainly stable in the near future. From the beginning of the week to the end of the week, the average price in the domestic market is 1616.67 yuan / ton. On April 15, the commodity index of baking soda was 107.30, flat with yesterday, down 11.82% from 121.68 (2020-10-21), the highest point in the cycle, and up 21.56% from 88.27, the lowest point on December 22, 2020. (Note: cycle refers to the period from September 1, 2020 to now)

2、 Market analysis

According to the business community, the price of sodium bicarbonate is running at a high level, and the shipment in the downstream market is fair. At present, the price of sodium bicarbonate in Henan is about 1550-1700 yuan, which is the mainstream quotation in the market. The downstream demand is acceptable. It is expected that the price will be slightly consolidated in the near future. The price of baking soda in Hebei is about 1550-1650 yuan / ton, which is the mainstream price in the market, and the downstream demand is acceptable.

In terms of raw materials: according to the monitoring data of the business community, soda ash in East China has been running steadily and dynamically, and the current mainstream market price of light soda ash is about 1700-1850 yuan / ton. The main market price of light soda is about 1750-1850 yuan / ton. The main market price of light soda is about 1650-1750 yuan / ton, and the price of downstream glass may play a leading role in soda. Generally speaking, the price of short-term soda is mainly consolidated. The total amount of soda ash inventory is large, but there is still uneven distribution. Some data show that the overall inventory of domestic soda ash is about 870000 tons, and now most of the orders are executed in the early stage.

Demand side: downstream medicine, textile and food mainly purchase sodium bicarbonate on demand, and the price of sodium bicarbonate has been consolidated recently. Analysts of business news agency believe that: in the near future, the overall situation of raw material soda ash is stable with small movements, mainly with narrow fluctuation. The price of downstream glass market rises or drives the demand for soda ash, but the short-term soda ash market is still in consolidation operation. Generally speaking, the price of sodium bicarbonate still maintains consolidation trend in the short term, and the specific situation is the demand of downstream market.

1、 Price trend

Isopropanol prices rose this week, according to commodity data monitoring. The average price of isopropanol in China was 8800 yuan / ton last Friday and 9033.33 yuan / ton this Friday. The price rose by 2.65% in the week.

2、 Market analysis

Figure: price trend comparison of acetone and isopropanol from February to April

Isopropanol prices rose this week. Internationally, isopropanol in the United States closed stable on April 13, while isopropanol market in Europe closed stable. In terms of raw materials, the prices of propylene and acetone have risen, and the cost side has strong support. Isopropanol factory inventory is low, prices rise. Traders were more cautious in taking the goods. They were more wait-and-see in the market. Downstream customers mainly purchased on demand, and isopropanol market was higher. Up to now, the negotiation range of isopropanol in Shandong Province is about 8700-9200 yuan / ton, and that of isopropanol in Jiangsu Province is about 9100-9200 yuan / ton. The negotiation range of isopropanol in Zhejiang is around 9100 yuan / ton.

In terms of raw material acetone, the domestic acetone market has been pushed up. The mainstream quotation of manufacturers is about 8300-8450 yuan / ton. The stock in Hong Kong has declined rapidly. The dealers have a positive attitude and the offer has gone up. In particular, the large dealers are in a high mood to support the price. The downstream factories are replenishing the products one after another. The atmosphere of market negotiation is good.

In terms of raw material propylene, the mainstream quotation of manufacturers is between 8300-8400 yuan / ton. U.S. propylene on April 1, down on the domestic market may have a certain impact. Propylene prices in Asia have risen slightly recently, which has little impact on the propylene market. Propylene market is now no pressure inventory, part of the device is still in repair. It is expected that the market will continue to move upward.

3、 Future forecast

Isopropanol analyst of chemical branch of business society thinks: at present, foreign export orders are relatively stable. Due to the rising market prices of propylene and acetone, the cost of isopropanol is under pressure, so the price of isopropanol is increased. From the perspective of sorting out, traders mainly wait and see, while downstream enterprises are more cautious in buying. It is expected that the market price of isopropanol will be stable temporarily in the short term.

1、 Melamine price trend

(Figure: p-value curve of melamine products)

2、 Market analysis

Melamine market rose steadily in the first half of April. According to the monitoring sample data of the business community, as of April 15, the average price quoted by melamine enterprises was 10050 yuan / ton, up 7.1% compared with April 1, 24.07% compared with March 15, 38.3% compared with January 1, and 95.78% compared with the same period last year.

At the beginning of April, the melamine market was mainly stable. Most of the manufacturers carried out the orders received in advance, and there was no pressure to move the goods. On the 6th, the quotation of enterprises rose. After the focus of market negotiation moved up, the price of melamine was stable and stable. Since the 9th, the price of melamine rose steadily. Some enterprises mainly export, and domestic trade mainly demand rigid demand. As the price of melamine rose to a high level, the pressure of downstream cost increased, which is very important to the market However, due to the support of more orders to be issued, the spot supply is tight, and the factory’s offer mentality is strong. The market is pushed up and stabilized after the low-end price of the market makes up.

Upstream urea, April 15, Shandong urea market temporarily stable. Demand side: agricultural demand is mainly sporadic procurement; downstream compound fertilizer, plastic plate plant start load increased slightly, most go with the market. Supply side: at present, the operating rate of urea enterprises is about 80%, with a slight increase, and the daily output is about 160000 tons. The start-up load of urea enterprises is increased and the supply side is sufficient.

According to the price monitoring of the business community, on April 14, 2021, there were 20 kinds of commodities in the list of rise and fall of bulk commodity prices in the chemical industry sector, among which 2 kinds of commodities increased by more than 5%, accounting for 2.2% of the number of commodities monitored in the sector; the top 3 commodities increased were epichlorohydrin (7.11%), butanone (6.12%) and styrene (2.47%). There were 11 kinds of commodities that declined on a month on month basis, and the top three products were ethanol (- 1.81%), polymerized MDI (- 1.74%) and 1,4-butanediol (- 1.09%). The average daily rise or fall was 0.22%.

3、 Future forecast

Melamine analysts of business news agency believe that at present, there are more orders waiting to be issued to support the market, enterprises have no pressure to take goods, and the spot supply is tight. It is expected that in the short term, the domestic melamine market may be strong, and the specific trend needs to pay more attention to the downstream purchasing mentality.