Trade name: potassium chloride (imported)

Latest price (May 16): 5366.67 yuan / ton

On May 16, the domestic market price of imported potassium chloride was temporarily stable, which was the same as that on May 13. At present, the price of 62% white potassium in the port is about 5200 yuan / ton; The self raised price of 60% Dahong granules in the port is about 5100 yuan / ton. 62% Russian White potassium in border trade is about 4800-4900 yuan / ton. The arrival price of potassium chloride in domestic salt lakes is about 4400-4900 yuan / ton. The recent market situation of downstream potassium carbonate and potassium nitrate has increased slightly, and the downstream procurement enthusiasm is good.

Recently, the price of domestic potassium chloride may rise slightly, mainly in consolidation. The import market price of potassium chloride is about 5400 yuan / ton.

In the first half of the month (5.1-5.15), the market price of nitrile rubber decreased slightly. According to the monitoring of business agency, as of May 15, the price of nitrile rubber was 23850 yuan / ton, down 2.85% from 24550 yuan / ton at the beginning of the month.

In May, the operating rate of domestic nitrile rubber was close to 80%, and the supply side was relatively sufficient; The ex factory price of nitrile rubber enterprises was adjusted downward by 500 ~ 800 yuan / ton. According to the monitoring of business society, as of May 15, the ex factory price of Lanhua nitrile n41e was reported to be 22500 yuan / ton; 3305e ex factory price: 22800 yuan / ton; The ex factory price of 3308e is 23800 yuan / ton; Shunze nitrile 3355 factory report 22700 yuan / ton; Nandi nitrile 1052 is delivered at 24200 yuan / ton. On the one hand, the price of raw materials fell and the cost weakened. On the other hand, the upstream and downstream of the supply and demand game were slightly deadlocked.

In May, the price of butadiene continued to fall, the price of acrylonitrile fluctuated slightly, and the cost support was weak. According to the monitoring of business society, as of May 15, the price of butadiene was 9586 yuan / ton, down 2.34% from 9816 yuan / ton at the beginning of the month; As of May 15, the price of acrylonitrile was 11540 yuan / ton, down 0.17% from 11560 at the beginning of the month.

Since May, the downstream operation of nitrile rubber has been low, and the demand side is weak. According to the business society, the downstream thermal insulation foam, rubber hose and other industries are started in the vicinity of 50-60%. The downstream purchased on demand and was resistant to the high price of nitrile, and the high price of nitrile rubber fell slightly.

Future forecast: NBR analysts of business society believe that the supply and demand of NBR is slightly deadlocked and the cost support is weak. It is expected that the NBR market will continue to fluctuate in a narrow range.

Trade name: diammonium phosphate

Latest price: 3725 yuan / ton

Key points of analysis: the price of diammonium phosphate was stable on May 12, which was stable compared with the previous trading day. Today, the price of raw sulfur rose, the cost continued to rise, and the high level of diammonium market was strong. At present, the supply of diammonium in the market is relatively small, and most enterprises suspend quotation and do not receive orders for the time being. Transactions in the domestic market are general, and the focus is shifted to the export market. Today, the mainstream factory quotation of 64% diammonium in Hubei is about 3550 yuan / ton, and the actual transaction is negotiated.

Future forecast: diammonium phosphate high-level consolidation and operation in the short term.

Trade name: cryolite

Latest price (May 11): 7575 yuan / ton

Key points of analysis: the cryolite market is up today, and the average production price in Henan is up 0.66% from the previous working day. Affected by the public health incident, the on-site freight is on the high side, while the downstream purchase is stable, and the enterprise shipment is relatively smooth. Individual enterprises raise their quotation slightly according to their own shipment clearance. At present, the production cost pressure of cryolite manufacturers is large, the enterprises start to reduce the load and run, the inventory is small, the enterprises reflect the stability and improvement of downstream demand, and the operators are mainly wait-and-see.

Future forecast: the short-term cryolite market will remain stable for the time being and pay attention to the market supply.

Trade name: acetic acid

Latest price (May 10): 5010 yuan / ton

Key points of analysis: the market price trend of acetic acid continues to rise today, and the average market price in East China has increased by 5.92% compared with the previous working day. At present, the market supply is tight due to the unit maintenance and low load operation of individual acetic acid enterprises. After the sharp price adjustment of various enterprises last weekend, the market atmosphere is positive, individual enterprises make up the rise after hearing the news, and the quotation has been increased. At present, the downstream market entry has recovered stable, purchasing on demand, and the mentality of the industry is mainly wait-and-see, The quotation of enterprises may continue to rise slightly.

Future forecast: the short-term acetic acid market will be sorted and operated at a high level, and the specific attention will be paid to the market supply.

Trade name: TDI

Latest price (May 9): 17425 yuan / ton

Key points of analysis: today, the average price of TDI market in East China decreased by 0.17% compared with the previous working day, and the market is weak. There is no news release in the market. At present, the supplier has many sets of TDI device storage and maintenance plans, and the market supply is tight. However, affected by public health events, the terminal industry is depressed, the downstream demand purchase is limited, the market trading is light, and the market situation is mainly stalemate in terms of supply and demand performance. At present, the quotation range of dealers in East China is about 16700-17000 yuan / ton for domestic goods and about 17200-17500 yuan / ton for Shanghai goods.

Future forecast: wait and see the TDI market in the later stage, and pay attention to the market supply and downstream follow-up.

After the festival, the acetone factory raised the listing price for many times, the market fundamentals improved, and the cargo holders had a strong atmosphere of pushing up, mainly supporting the price. Large holders of goods followed the rise of the factory. Supported by the mentality of buying up but not buying down, the downstream delivery was optimistic, and the market rose rapidly. In East China, the average offer during the week rose from 5550 to 5880 yuan / ton, up 5.95% after the festival. As of the press date, the negotiation in East China is 5880 yuan / ton, the offer in Shandong is 6000 yuan / ton, the offer in Yanshan surrounding areas is 5900 yuan / ton, and the offer in South China is 6100 yuan / ton.

The price of raw material pure benzene was raised, and the spot transaction was pushed up to more than 9000 yuan / ton. The market negotiation was positive, and the downstream was in conflict with the high price. After the pre Festival phased replenishment, most of the venues were just in need of follow-up. On the other hand, the mainstream transaction of propylene in Shandong was 8750 yuan / ton, and the rise of international crude oil was good, with positive increase.

The downstream isopropanol market rose slightly, the factory shipments increased, and the negotiated price in East China rose to 7200 yuan / ton with the support of cost. The transaction price in Shandong was 6900-7000 yuan / ton. The downstream BPA fluctuated in a narrow range, and the ex factory price of Changchun chemical rose to 17000 yuan / ton.

From the perspective of the business agency, the acetone factory has raised the listing price for many times, the mentality of the cargo holders has improved, and the atmosphere in the venue has improved. The business agency expects that the acetone market will still operate strongly next week, and the negotiation reference in East China is 5900 yuan / ton.

Market analysis

On the two days after the festival, the price of magnesium in different regions increased by 500-1000 yuan / ton. According to the data monitoring of business society, as of the 6th, the average price in the domestic market was 37166.67 yuan / ton, up 2.29% from that before the festival. The transaction price of magnesium ingot market was concentrated at 37000-37500 yuan / ton.

In terms of magnesium plants, the pre holiday price protection operation has been continued. The recent trading volume has improved relatively. In addition, the epidemic situation has improved, the market confidence has warmed up, and the factory has tentatively increased. However, the overall market is still in a tepid state, and the magnesium market continues to rise, which needs to be studied. In terms of raw materials, the ferrosilicon and blue carbon markets are depressed, and the prices show a slight downward trend. The coal is subject to strengthened control by the policy section, which affects the mentality of some coke enterprises. The magnesium plant has obviously pressed the price of raw materials, but the upstream price concession is not willing.

Business analysts believe that at present, magnesium ingots are in a tentative upward adjustment stage, which still depends on the release degree of subsequent demand. In the short term, the downstream just needs to replenish the warehouse to provide price support. However, considering that the raw material price is still high, the overall downstream demand is flat, and the subsequent price increase confidence of magnesium city is insufficient.

The latest p-value price of ethylene glycol on May 5 was 4975 yuan / ton, up 2.05% from the previous trading day and down 3.08% year-on-year.

Oil prices continued to rise on Thursday after the EU formulated a plan to impose new sanctions on Russia, including a crude oil embargo within six months, offsetting concerns about weak demand in China, and the cost of ethylene glycol was well supported. Ethylene glycol is running with strong crude oil today. The recent cargo negotiation of MEG outer plate is around us $635-655 / ton, but the downstream polyester construction is still at a low level, and the current weak pattern of production and sales continues.

Forecast: interval shock.

According to the bulk list data of business society, the average market price of domestic caprolactam liquid on April 1 was 13033 yuan / ton, and the average market price of domestic caprolactam liquid on April 29 was 13400 yuan / ton, with a price increase of 2.81% this month.

2、 Market analysis

In April, domestic caprolactam prices rose first and then fell. In mid and early April, the caprolactam market rose. The high level of raw material market is strong, and the cost of caprolactam is well supported. Some enterprises have reduced the production of devices or parking, and the supply in the yard has been reduced. In late April, the price of caprolactam fluctuated and fell. The price of raw materials continues to rise, and the cost of caprolactam is under great pressure. Downstream procurement is followed up as needed, and the on-site trading volume is acceptable. At present, the supply and demand game of caprolactam is dominated by stalemate operation. Follow up the downstream procurement as needed and operate carefully on site. Near the end of the month, the transaction was good, the downstream began to buy one after another, and the enterprises raised the price according to the trend. As of April 29, the price of Sinopec caprolactam liquid was 14500 yuan / ton. The price of Baling Hengyi caprolactam liquid is 14500 yuan / ton, 300000 tons / year. The unit is started normally and delivered after acceptance. The price of caprolactam liquid of Baling Petrochemical is 14500 yuan / ton, 450000 tons / year. The unit is started normally and delivered after acceptance. Shandong Hualu Hengsheng caprolactam bulk water price is 14100 yuan / ton, and the manufacturer’s unit capacity is 300000 tons / year. It is accepted and sent to East China.

The price of raw material pure benzene rose and fell this month. In the first half of April, the price of pure benzene began to fall after rising slightly. Several units in the downstream of pure benzene were shut down, the operating rate of styrene in the main downstream decreased significantly, the demand decreased, and pure benzene continued to weaken. After stabilizing in the second half of April, it began to rebound and rise. Near the end of the month, the enthusiasm of the lower reaches to fill the empty space increased, the domestic market negotiation rebounded, the enterprise inventory pressure decreased, and the price rebounded. The rising price of downstream styrene and the increase of unit operating rate have improved the demand for pure benzene.

The domestic market of downstream PA6 fluctuated in a narrow range this month. In April, the operating rate of domestic PA6 polymerization plant was generally stable at about 70% in the month, with limited change. In terms of news, the situation in Russia and Ukraine became more and more tense during the month. As a result, the impact of the international crude oil price on the cost side of PA6 was not as obvious as expected. The supply side of PA6 continues the previous abundant pattern, the demand of downstream enterprises is weak, and the on-site trading is general. Stimulated by caprolactam in the last ten days, the company followed up the replenishment, but the operating rate of downstream enterprises in the month was general. In addition, the health incident has hindered the logistics in many places in East China, resulting in the weakening of some PA6 demand.

3、 Future forecast

Caprolactam analysts of business society believe that at present, the price of raw material pure benzene continues to rise and the cost support is good. The downstream began to purchase one after another, the on-site transactions were smooth, and caprolactam increased in line with the trend. Under favorable factors, caprolactam market is expected to rise in the short term.