1、 Price trend of lithium carbonate:

(Figure: P value curve of lithium carbonate product)

2、 Market analysis:

Product: according to the data of the business club’s bulk list, the market of lithium carbonate is in a weak position in the near future. According to the price monitoring of the business agency, the average price of industrial grade lithium carbonate in East China on May 20 was 41200 yuan / ton, down 1.90% compared with April 20 and 7.21% compared with January 1; the average price of battery grade lithium carbonate in East China on May 20 was 45200 yuan / ton, down 3.21% compared with April 20 and 11.37% compared with January 1. At present, the mainstream price of industrial lithium carbonate market is around 38000-45000 yuan / ton, and the mainstream price of battery lithium carbonate market is around 42000-48000 yuan / ton.

Industry chain: according to the data in the large list of business agencies, the price of lithium hydroxide in the downstream market has been lowered recently (5.11-5.19). By the end of 19 days, the average price of domestic industrial grade lithium hydroxide enterprises was 55666.67 yuan / ton, down 2.34% compared with May 1, with a half year cycle, down 17.73% year on year.

Industry: according to the price monitoring of the business agency, there are 21 kinds of commodities in the rise and fall list of bulk commodity prices on May 19, 2020, among which there are 2 kinds of commodities with an increase rate of more than 5%, accounting for 2.2% of the number of commodities monitored in this sector; the top 3 commodities with an increase rate are hydrogen peroxide (7.11%), isopropanol (5.17%) and R22 (4.49%). There are 13 kinds of commodities falling on a month on month basis, and the top three products are light soda (- 3.75%), formic acid (- 2.42%) and phosphate rock (- 1.67%). The average price of this day is 0.36%.

3、 Future forecast:

According to analysts of lithium carbonate of business club, the current downstream demand is weak, the market turnover is limited, and the price is slightly lower. It is expected that the price of lithium carbonate will be adjusted at a low level in the short term.

1、 Price data:

According to the data monitoring of the bulk list of business associations, at present, the domestic bromine market is in a weak and stable operation, and the enterprise quotation is maintained at about 30111 yuan / ton, down 13.97% from the same period last year.

2、 Cause analysis

Products: at present, domestic bromine production enterprises have been operating at a high level, with an overall operating rate of about 70%, abundant spot supply in the market, a certain amount of enterprise inventory, but within the normal range, the market demand for downstream flame retardants is soft, the industry starts poorly, and the price support for bromine is insufficient. At present, mainstream bromine enterprises offer about 29500-30000 yuan / ton.

Industry chain: at present, the upstream market of bromine varies in strength and weakness, among which the sulfur market keeps stable operation, at present about 513 yuan / ton; the sulfuric acid market stops falling and stabilizes, at present about 297 yuan / ton; the caustic soda market is stable in the middle and upward exploration, at present about 487 yuan / ton; the soda market is weak operation, at present 1333 yuan / ton left and right. The overall operating rate of the downstream flame retardant market of bromine has declined. Affected by the epidemic situation, the export end support is not good, the buying atmosphere in the industry is general, the starting of pharmaceutical and pesticide intermediates and other industries is flat, and the overall demand is soft.

3、 Future forecast

According to the bromine industry analyst of business association, at present, the domestic bromine enterprises have started steadily, and the bromine output is rising steadily. Although the quantity of imported bromine is declining, the price support for domestic bromine is limited. Because the downstream flame retardant market demand is not getting better, the bromine market has a trend of oversupply, and it is expected that the domestic bromine market will run slightly and stably in a short time.

According to the data of business agency, the weekly average price of industrial grade formic acid in China this week is 2066.67 yuan / ton. The overall formic acid market is stable this week, with little market price fluctuation.

2、 Market analysis

Product: the domestic industrial grade 85% formic acid market is relatively stable this week, and the overall price remains at the early stage. At present, there is no adjustment between the current price and last week. Device aspect: the manufacturer’s device basically operates normally. In terms of price: this week, the company’s quotation is basically around 2066.67 yuan / ton, the main factory price of formic acid is around 1800 yuan / ton, and the main dealers’ quotation is around 2260 yuan / ton. As of Friday (May 15), Zhangzhou San’an Chemical Co., Ltd. has offered 1600 yuan / ton; Zibo Pulis Chemical Co., Ltd. 1800 yuan / ton; Jinzhou jinhongda Chemical Co., Ltd. 2100 yuan / ton; Hangzhou Fengchang Trade Co., Ltd. has offered 2300 yuan / ton of 85% formic acid net water.

Industry chain: the market of liquid ammonia, the upstream product of formic acid, has been running steadily, with local prices rising slightly. Recently, the urea market as a whole has remained stable after a small reduction this week, and the overall trend of liquid ammonia has been stable since the beginning of the month. Domestic caustic soda fluctuates little overall. The upstream products generally support the formic acid market, while the downstream products, leather and pesticide industry, have a general demand.

3、 Future forecast

According to the formic acid data division of business association, at present, the domestic industrial grade 85% formic acid market is relatively stable, enterprises generally maintain stability and wait-and-see, the downstream demand is general, the market favorable factors are insufficient, and the domestic industrial grade 85% formic acid market is expected to maintain stability in the short term.

1、 Melamine price trend:

(Figure: P value curve of melamine product)

2、 Market analysis:

Product: according to the monitoring sample data of the business agency, the melamine market is running smoothly this week. As of May 15, the average price of melamine enterprises was 5066.67 yuan / ton, which was flat compared with the beginning of the week and 5% lower compared with April 1. On the 15th, the mainstream price of melamine market in China was around 4600-5200 yuan / ton. On May 14, the melamine commodity index was 54.48, the same as yesterday, a record low in the cycle, down 45.52% from the peak of 100.00 on September 18, 2011. (Note: cycle refers to 2011-09-01 to now)

Industrial chain: on May 14, the main factory price of small particle urea in Shandong Province was temporarily stable: Ruixing chemical industry quoted 1600 yuan / ton, the quoted price was temporarily stable; Mingshui chemical industry quoted 1630 yuan / ton, the quoted price was temporarily stable; Yangmei plain quoted 1630 yuan / ton, the quoted price was temporarily stable. On the whole, the ex factory price of urea in Shandong was temporarily stable on the 14th, and the actual transaction price was subject to negotiation.

Industry: according to the price monitoring of the business agency, there are 13 kinds of commodities in the rise and fall list of bulk commodity prices on May 14, 2020, among which ethylene (4.79%), dichloromethane (3.14%) and chloroform (2.86%) are the top three commodities. There are 8 kinds of commodities with a decline in the month on month, and the top 3 products with a decline are mixed xylene (- 2.83%), toluene (- 1.73%) and styrene (- 1.58%). The average price of this day is 0.15%.

3、 Future forecast:

According to melamine analysts of the business agency, the operation rate of melamine plant has increased slightly in the near future, and the inventory pressure of short-term manufacturers is not large, but the downstream demand has not improved significantly, and the market trading atmosphere is general. It is expected that melamine market will be weak and stable in the short term.

1、 Price trend:

According to the monitoring data of the business agency, the price of ethylene in the external market is on the rise recently. The average price of ethylene on the 13th is 396.75 US dollars / ton, and on the 14th is 415.75 US dollars / ton, up 4.79%. The current price is down 60.43% year on year.

Two, market analysis:

Product: ethylene is on the rise in the near future. Asian ethylene market prices fell sharply. As of the 27th, CFR Northeast Asia closed at US $565-575 / ton, and CFR Southeast Asia closed at US $465-475 / ton. The price of European ethylene market was volatile and consolidated. As of the 27th, the price of European ethylene market was FD, northwest Europe closed at US $330-362 / ton, and CIF northwest Europe closed at US $284-292 / ton. The price of ethylene in the U.S. region remained stable. As of the 14th, the price was US $229-247 / ton. Generally speaking, the market of ethylene in Europe and the United States is bottoming out and rebounding in the near future. The whole ethylene market is fair and the market has recovered. The industry pays more attention to the supply and demand after the festival.

Industry chain: International: on May 13, WTI crude oil futures market price in the United States fell, and the settlement price of main contracts was 25.08 yuan / barrel, down $0.65. Brent crude oil futures market prices fell, the main contract settlement price at 29.63 U.S. dollars / barrel, down 0.79 U.S. dollars. Although the oil price fell, the price of ethylene rebounded to the bottom. The demand of the whole industry in Asia increased, and the ethylene market rose accordingly. The price of styrene in the downstream temporarily remained stable and the price of ethanol continued to be high, which supported the price of ethylene, and the ethylene market rose.

3、 Future forecast:

According to ethylene analysts of business agency chemical branch, in the near future, European and American stock markets have fallen, and there are still many challenges in the later oil market, and the support for ethylene is not clear, so data analysts of business agency predict that ethylene prices will keep a narrow range consolidation in the future.