First, the price trend

According to the business price monitoring, as of May 10, the domestic aggregate MDI market average price reported 17200 yuan/ton, the overall market situation of the broad exploration.

Second, the market analysis

Products: Domestic polymerization MDI prices continue to explore wide. Manufacturers do not have a clear guidance policy, but in view of the downstream demand is light, middlemen shipped more at low prices, dealers follow suit. At present, the market social inventory is larger, more than the purchase of goods, the demand consumption is extremely poor, coupled with the purchase of not buy and fall mentality, the market transaction situation is very bad. The manufacturer’s attitude is not clear premise, now prematurely said the market crash is not right. In fact, the market has been in the consumption of low-priced supply of the state, there is the factory in mid-May is in the early June is in the maintenance period, manufacturers supply scarce premise, the market continues to consume a period of low prices, manufacturers cost high support, after market prices or there is hope to pick up the possibility.

Before the June listing did not “come out”, we can only wait for the end of the month manufacturer guidelines. Market side, East China polymerization MDI price weak shock. Market atmosphere fell more than, downstream buy and fall do not buy down, the situation of the talks dismal. North China polymerization MDI price weak concussion. Downstream operators buy and fall, the transaction atmosphere is extremely poor. The price of polymeric MDI in South China is weak and lower.

The overall market trading atmosphere is light, the shipper’s offer is lower, the industry after the mentality of different. Industrial chain: raw materials, pure benzene: East China Pure benzene price changes are not big, of which spot buy 4460-4500 yuan/ton. May under the negotiation of 4500-4590 yuan/ton, June under the negotiation of 4560-4600 yuan/ton. Aniline: Downstream enterprise raw Material library is consumed, procurement intention to thicken, Northern Aniline factory shipment is OK. Nandu recently has cargo, mainly cargo, and south, farmers have maintenance plans, price stability.

North China market talks price reference in 5520-5520 yuan/ton; East China market price mainstream negotiation reference in 5650-5800 yuan/ton.

Third, the forecast of the aftermarket Business community Point of view: positive aspects, a number of enterprises to raise the new Moon listing, enterprises on the market less volume, Heng hang individual devices began to overhaul. On the negative side, the market has been informed that the supply of individual enterprises has increased over the previous period, the downstream need to continue to languish, the market is not enough to follow up, the attitude of the industry loosening obvious, after the lack of confidence in the Business Society Polymerization MDI Analysts expect that the short-term market is mainly weak collation, continue to pay attention to downstream consumption.

May 6 The Ammonium Nitrate Commodity index was 106.14, down 0.88 points from yesterday, down 10.37% from 118.42 at the highest point in the cycle (2019-01-15), up 77.37 from its lowest point of 37.18% on October 31, 2016.

(Note: cycle refers to 2013-02-01 to date). Recently, the domestic ammonium nitrate market price trend slightly lower, affected by environmental control, domestic ammonium nitrate plant shutdown more, domestic ammonium nitrate device driving less, but recently with the warmer weather, the northern gas limit effect disappeared, coupled with the domestic downstream civil explosion industry all shut down, domestic ammonium nitrate manufacturers inventory more, the price trend in the field decline.

As of 7th domestic ammonium nitrate market price negotiations in 1850-2000 yuan/ton, affected by environmental protection, so now many areas of manufacturers are forced to production restrictions or cut off maintenance for environmental inspection, the site ammonium nitrate price trend slightly declined. Recently, the domestic nitric acid price trend is stable, as of 7th market price of 1576.67 yuan/ton, nitric acid price trend stability on the ammonium nitrate market has little impact, ammonium nitrate price trend is stable, upstream raw material liquid ammonia price trend is steady, as of 7th liquid ammonia market price of 3470 yuan/ton, Upstream raw material price trend shock for the ammonium nitrate market to bring a certain cost support, ammonium nitrate price trend slightly lower. Recently downstream civil explosion industry peak season, for the ammonium nitrate market demand weakened, ammonium nitrate manufacturers inventory increased, but the liquid ammonia market is also rising trend, ammonium nitrate market due to bad market low shock. Business Society ammonium nitrate analysts believe that the recent upstream raw material market price to maintain a shock, but downstream demand is not good, expected late ammonium nitrate market price or maintenance slightly lower.

The Ammonium Nitrate Commodity Index of May 5 was 107.02, the same as yesterday, down 9.63% from 118.42 at the highest point in the cycle (2019-01-15), up 38.32% from the lowest 77.37 point on October 31, 2016.

(Note: cycle refers to 2013-02-01 to present) Recently, the domestic ammonium nitrate market price trend slightly lower, affected by environmental control, domestic ammonium nitrate plant shutdown more, domestic ammonium nitrate device driving less, but recently with the warmer weather, the northern gas limit effect disappeared, coupled with the domestic downstream civil explosion industry all shut down, domestic ammonium nitrate manufacturers inventory more, the price trend in the field decline.

As of 6th domestic ammonium nitrate market price negotiations in 1850-2050 yuan/ton, affected by environmental protection, so now many areas of manufacturers are forced to production restrictions or cut off maintenance for environmental inspection, the site ammonium nitrate price trend slightly declined. Recently, the domestic nitric acid price trend temporarily stable, as of 6th market price of 1576.67 yuan/ton, nitric acid price trend stability on the ammonium nitrate market has little impact, ammonium nitrate price trend is stable; upstream raw material liquid ammonia price to rise, as of 6th liquid ammonia market price of 3470 yuan/ton, Upstream raw material price trend shock for the ammonium nitrate market to bring a certain cost support, ammonium nitrate price trend slightly lower. Recently downstream civil explosion industry peak season, for the ammonium nitrate market demand weakened, ammonium nitrate manufacturers inventory increased, but the liquid ammonia market is also rising trend, ammonium nitrate market due to bad market low shock. Business Society ammonium nitrate analysts believe that the recent upstream raw material market price to maintain a shock, but downstream demand is not good, expected late ammonium nitrate market price or maintain concussion.

May 4 The Phenylanhydride Commodity Index was 63.75, the same as yesterday, down 46.93% from 120.13 at the highest point in the cycle (2012-02-28), up 31.66% from its lowest 48.42 point on January 21, 2016.

(Note: cycle refers to 2011-09-01 to date). Recently, the domestic phenylanhydride market price trend to maintain low, east China phenylanhydride anhydride market weak low, downstream plant maintenance just need to purchase, factory inventory pressure continued, high-end transactions blocked, the field adjacent to the law source negotiations in 6500-6600 yuan/ton, naphthalene method source talks mainstream in 6300 yuan/ton

, North China Phenylanhydride market mainstream quotation in 6400-6600 yuan/ton, the market weak shock mainly, the price of each enterprise small decline, downstream construction is not high, on-demand procurement mainly, the wait-and-see mentality is thicker, the domestic phenylanhydride device operation is stable, the field phenylanhydride spot supply is normal, the goods market is not good, phenylanhydride price trend Yin fell. Recent Phenylanhydride upstream products phthalic Sinopec implementation price of 6700 yuan/ton, the current market price of 6700 yuan/ton, quotation stability, port goods market in general. Upstream raw materials mixed xylene price shock stability, adjacent benzene volume in general, port phthalic inventory low, adjacent benzene foreign disk price, the cost of imported phthalates rise, the actual transaction price of a detailed details, upstream price trend stability, phenylanhydride market prices to maintain a weak. Downstream DOP prices are low, recently in Zhejiang area DOP Market, merchant quotes to maintain 8100-8200 yuan/ton out of the warehouse, downstream prices slightly lower, for upstream phenylanhydride demand is limited, phenylanhydride market price slightly lower, expected late phenylanhydride market price or will be in 6500 yuan/ton.

Trade Name: Polyacrylamide

Monthly Trend: As shown in the figure, the monitoring data of Business Association (100ppi.com) show that on April 1, the mainstream price of polyacrylamide cations (PAM, molecular weight 12 million) in the domestic market was about 16,366 yuan/ton, on April 17, the mainstream market price was 17,566 yuan/ton, and the maximum monthly increase was 7.33%. Since then, the price has fluctuated slightly to 17,233 yuan/ton on the 30th, with a monthly increase of about 5.3%; the anion (PAM, molecular weight 12,000 yuan/ton) has increased slightly. Ten thousand to twelve thousand yuan per ton is the mainstream quotation in the domestic market, and the monthly price does not change much.

Industry chain: According to the survey results of manufacturers, the rising prices of upstream products of Polyacrylamide in the middle of this month led to a corresponding increase in the production cost of polyacrylamide and a rise in the price of PAM market, but the downstream demand has not changed much, and the overall market has been stable in the near future.

Future market forecast: In the short term, if there is no big fluctuation in the price of raw materials in the upstream, the demand in the downstream is relatively stable, and the market price of domestic polyacrylamide is basically stable.