On May 15, the ammonium nitrate commodity index was 103.51, up 0.88 points from yesterday, down 12.59% from 118.42 points in the cycle (2019-01-15) and 33.79% from 77.37 points on October 31, 2016. (Note: Period refers to 2013-02-01 to date).

Recently, the price trend of domestic ammonium nitrate Market is temporarily stable. Affected by environmental protection control, domestic ammonium nitrate plant shuts down more, domestic ammonium nitrate plant starts less, but with the warming of the weather recently, the influence of northern air limitation disappears. In addition, due to the complete shutdown of domestic downstream civil explosion industry, domestic ammonium nitrate manufacturers have more stockpiles, and the price trend in the field declines. As of the 16th, domestic ammonium nitrate market price negotiations in 1900-2050 yuan/ton, affected by environmental protection, so now many manufacturers in many areas are forced to limit production or stop production and maintenance for environmental protection inspection, the price trend of ammonium nitrate on the site is temporarily stable.

Recently, the price of domestic nitric acid has risen, up to 16 days, the market price is 1633.33 yuan/ton. The rising trend of nitric acid price has a positive impact on the ammonium nitrate market, and the price trend of ammonium nitrate is stable. The price trend of upstream raw material liquid ammonia is temporarily stable, up to 16 days, the market price of liquid ammonia is 3453.33 yuan/ton. The fluctuation of upstream raw material price brings certain cost to the ammonium nitrate market. Support, ammonium nitrate market price trend slightly lower. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened and the stocks of ammonium nitrate manufacturers have increased, but the liquid ammonia market is on the rise again. The ammonium nitrate Market is shaking at a low level because of the bad market. Ammonium nitrate analysts believe that the recent upstream raw material market price shocks, but the downstream demand is not good, ammonium nitrate market prices are expected to remain low in the latter part of the shocks.

On May 14, the ammonium nitrate commodity index was 102.63, which was the same as yesterday. It was 13.33% lower than the peak of 118.42 points in the cycle (2019-01-15), and 32.65% higher than the low of 77.37 points on October 31, 2016. (Note: Period refers to 2013-02-01 to date).

Recently, the price trend of domestic ammonium nitrate Market has risen slightly. Affected by environmental protection control, domestic ammonium nitrate plant has stopped production more and domestic ammonium nitrate plant has started less. However, with the warming of the weather, the influence of air limitation in the North has disappeared. In addition, due to the shutdown of domestic downstream civil explosion industry, domestic ammonium nitrate manufacturers have more stockpiles and the price trend in the field has declined. As of the 15th day, the domestic ammonium nitrate market price negotiation was 1850-2000 yuan/ton, affected by environmental protection, so now many manufacturers in many areas have been forced to limit production or stop production and maintenance for environmental protection inspection, and the price trend of ammonium nitrate on the site has increased slightly.

Recent domestic nitric acid price trend is temporarily stable, up to the 15th day, the market price is 1600 yuan/ton. The stable trend of nitric acid price has little effect on the ammonium nitrate market, and the price trend of ammonium nitrate is stable. The price trend of upstream raw material liquid ammonia is temporarily stable, up to the 15th day, the market price of liquid ammonia is 3453.33 yuan/ton. The fluctuation of upstream raw material price brings certain cost support to the ammonium nitrate market. Market prices are slightly lower. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened and the stocks of ammonium nitrate manufacturers have increased, but the liquid ammonia market is on the rise again. The ammonium nitrate Market is shaking at a low level because of the bad market. Ammonium nitrate analysts believe that the recent upstream raw material market price shocks, but the downstream demand is not good, ammonium nitrate market prices are expected to remain low in the latter part of the shocks.

On May 13, the ammonium nitrate commodity index was 102.63, which was the same as yesterday. It was 13.33% lower than the cycle peak of 118.42 points (2019-01-15), and 32.65% higher than the lowest point of 77.37 on October 31, 2016. (Note: Period refers to 2013-02-01 to date).

Recently, the price trend of domestic ammonium nitrate Market is temporarily stable. Affected by environmental protection control, domestic ammonium nitrate plant shuts down more, domestic ammonium nitrate plant starts less, but with the warming of the weather recently, the influence of northern air limitation disappears. In addition, due to the complete shutdown of domestic downstream civil explosion industry, domestic ammonium nitrate manufacturers have more stockpiles, and the price trend in the field declines. As of the 14th day, the domestic ammonium nitrate market price negotiations in 1850-2000 yuan/ton, affected by environmental protection, so now many manufacturers in many areas have been forced to limit production or stop production and maintenance for environmental protection inspection, the price trend of ammonium nitrate on the site slightly declined.

Recent domestic nitric acid price trend is temporarily stable, up to 14 days the market price is 1600 yuan/ton, the stable trend of nitric acid price has little impact on the ammonium nitrate market, and the price trend of ammonium nitrate is stable; the price trend of upstream raw material liquid ammonia is temporarily stable, up to 14 days the market price of liquid ammonia is 3480 yuan/ton, upstream raw material price fluctuation brings certain cost support to the ammonium nitrate market, ammonium nitrate Market Market prices have been slightly lower. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened and the stocks of ammonium nitrate manufacturers have increased, but the liquid ammonia market is on the rise again. The ammonium nitrate Market is shaking at a low level because of the bad market. Ammonium nitrate analysts believe that the recent upstream raw material market price shocks, but the downstream demand is not good, ammonium nitrate market prices are expected to remain low in the latter part of the shocks.

Price Trend

According to the data of business associations, the overall price of toluene in China was mainly consolidated this month, down from last week. At the beginning of the week, the average price of enterprises was 5,387 yuan per ton, while at the end of the week, the average price of enterprises was 5,277 yuan per ton, with a weekly amplitude of about 2.05%.

II. Analytical Review

1. Crude oil: This week, the oil market as a whole shook broadly, with many sharp rises and falls, and the surrounding environment fluctuated greatly.

2. FOB Korean toluene reference price is also affected by crude oil. The fluctuation range is 664-679 US dollars/ton. The import reference price in East China also fluctuates between 696-708 US dollars/ton. In Sinopec’s subsidiary company, toluene listing prices have been lowered since the beginning of the week. Port stocks fell slightly, with about 60,000 tons in East China.

3. Downstream: At present, the market information is complex, the trading atmosphere is on the sidelines, the delivery is general, and the downstream delivery is cautious.

3. Future Market Forecast

On the crude oil side, oil prices will fluctuate broadly this week and continue to fluctuate next week, warning of the risk of a sharp fall after breaking upwards, according to toluene analysts from the Business Society Chemical Branch. In the second quarter, there will be more centralized maintenance at home and abroad, and the toluene supply is expected to decrease, and the market is expected to be optimistic. Toluene market or continue to narrow consolidation, do not rule out downside risks.

NEW YORK, May 10 (Xinhua) — COMEX copper rose on Friday, despite uncertainties about the prospects for economic and trade negotiations between China and the United States.

The most active July copper contract rose 0.3 cents to settle at $2.7745 a pound.

Copper prices are sensitive to China’s economic activities, so in recent weeks, the popularity triggered by the Sino-US trade war has dominated the trend of copper prices.

China is the world’s largest consumer of metals, accounting for half of global copper demand.

At the beginning of this year, China and the United States are expected to reach a trade agreement, and China is taking measures to boost economic growth and push copper prices higher. However, in recent days, trade concerns between China and the United States have revived and copper prices have fallen under pressure.

China’s Ministry of Commerce said on Friday that the US has raised tariffs on 200 billion US dollars of Chinese imports from 10% to 25%. China deeply regrets that it will have to take necessary counter-measures.

The eleventh round of high-level economic and trade consultation between China and the United States ended in Washington on October 10, local time. Liu He, member of the Political Bureau of the CPC Central Committee, Vice Premier of the State Council and Chinese leader of the Sino-US Comprehensive Economic Dialogue, said in an interview after the consultation that the two sides had better communication and cooperation. The negotiations did not break down. On the contrary, they were only minor twists and turns in the negotiations between the two countries, which was inevitable. China was cautiously optimistic about the future of the negotiations.

On May 9, the phthalic anhydride commodity index was 62.12, unchanged from yesterday, down 48.29% from the peak of 120.13 points in the cycle (2012-02-28), and up 28.29% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Recently, the domestic market price of phthalic anhydride has been slightly lower, the market of phthalic anhydride and phthalic anhydride in eastern China has been weaker, downstream factories have just needed to purchase, factory inventory pressure continues, high-end transactions are blocked, the mainstream of on-site neighbouring source negotiations is 6400-6500 yuan/ton, the mainstream of naphthalene source negotiations is 6100-6200 yuan/ton; the mainstream price of phthalic anhydride market in northern China is 6400-6500 yuan/ton, and the market is weak. The price of phthalic anhydride in China is stable, the spot supply of phthalic anhydride is normal, the market is not good, and the price of phthalic anhydride is declining.

Recently, the executive price of the upstream product of phthalic anhydride, Sinopec o-phthalic anhydride, dropped 300 yuan/ton to 6400 yuan/ton. The actual market transaction price is 6400 yuan/ton. The quotation is declining, and the port market is general. The upstream raw material mixed xylene price fluctuation maintains stable, the turnover of phthalic acid is general, the port phthalic acid inventory is low, the quotation of phthalic acid external market is temporarily stable, the import phthalic acid cost fluctuation, the actual transaction price is discussed in detail, the upstream price trend declines, and the phthalic anhydride market price maintains weak. DOP downstream price is lower, DOP downstream demand is general, customer procurement enthusiasm is not good, DOP market mainstream turnover price is about 8000 yuan/ton, DOP downstream price is still under pressure, downstream price is slightly lower, demand for upstream phthalic anhydride is limited, phthalic anhydride market price is slightly lower, it is expected that the later market price of phthalic anhydride will be around 6300 yuan/ton.

First, the price trend

According to business news monitoring data, as of May 8, the average price of domestic ethanol market reported 5323 yuan/ton, the domestic ethanol market is mainly stable.

II. Market Analysis Products: Domestic alcohol market price hold steady.

Northeast Jilin Corn ethanol to maintain a firm, factory shipments stable, the mentality to maintain a firm, Shandong region wheat alcohol slightly raised other to maintain a stable, east China’s price is stable, downstream demand is light; South China downstream demand maintenance just need to purchase, the market has a low price burst, the enterprise shipping situation in general. Industrial chain: Corn: The recent production area surplus food continued to decline, in the early collection of high-cost background traders have reluctant sentiment, and policy benefits, the corn market stage supply will be gradually transferred from loose tightening, the spot market to form a positive boost.

Ethyl acetate: Domestic ethyl Acetate Market weak finishing, market supply is still oversupplied difficult to ease, downstream wait-and-see mentality strong, the market single transaction in a small number of cases, ethyl acetate market forced to continue to be weak.

Third, the forecast of the aftermarket Downstream chemical under the influence of environmental protection, short-term difficult to pick up, liquor with the recovery of temperature after the demand is lighter, the Northeast enterprises are mostly in the cost line or cost line below, East China long-term losses, raw materials in terms Business agency ethanol analysts expect much of the domestic ethanol market to remain weak in the short term.

May 6 The PX Commodity Index was 60.00, the same as yesterday, down 41.41% from 102.4 at the highest point in the cycle (2013-02-28), up 31.72% from its lowest 45.55 point on February 15, 2016.

(Note: cycle refers to 2013-02-01 to date). 7th domestic to Xylene market price trend temporary stability, the field installation Pengzhou petrochemical plant operation is stable, Urumqi petrochemical plant started 50%, Fuhai invasive aromatic device driving a line, CNOOC Huizhou Refining Plant Maintenance, Hengli petrochemical PX device put into production, other devices temporarily stable operation, As a result of the new installation of domestic paraxylene market supply normal, the market price trend of xylene is temporarily stable. The operating rate of PX devices in Asia was around 80%, and the Asian region was down 6 US dollars/ton on May 6, with a closing price of 885-887 USD/ton FOB Korea and 904-906 US dollar/ton CFR China, more than 50% of the domestic need to import,

The low price of foreign plate has a certain negative effect on the domestic market price of xylene, and the price trend of xylene in the field is stable. May 6 May 6, the United States WTI crude oil June futures market prices rose, reported 62.25 U.S. dollars/barrels, the increase of 0.31 U.S. dollars, Brent crude oil July futures prices rose, reported 71.24 U.S. dollars/Barrels, The increase is 0.39 U.S. dollars, crude oil price trend rise, for the downstream petrochemical product prices have a certain cost support role, the xylene market price trend is temporarily stable. Recent textile industry market stability, PTA price 7th trend Shock, East China newspaper average price in 6700-6800 yuan/ton near self-mention, as of 6th domestic PTA start rate in about 80%, polyester industry start rate of about 91%, downstream production and sales rate to maintain a high, but the PTA market price changes are not big, The late PX market price is expected to remain volatile.

May 5 The PX Commodity Index was 60.00, the same as yesterday, down 41.41% from 102.4 at the highest point in the cycle (2013-02-28), up 31.72% from its lowest 45.55 point on February 15, 2016.

(Note: cycle refers to 2013-02-01 to date). 6th domestic to Xylene market price trend temporary stability, the field installation Pengzhou petrochemical plant operation is stable, Urumqi petrochemical plant started 50%, Fuhai invasive aromatic device driving a line, CNOOC Huizhou Refining Plant Maintenance, Hengli petrochemical PX device put into production, other devices temporarily stable operation, As a result of the new installation of domestic paraxylene market supply normal, the market price trend of xylene is temporarily stable. The operating rate of PX devices in Asia was around 80%, and the Asian region was down 28 US dollars/ton on May 3, with a closing price of 892-894 USD/ton FOB Korea and 911-913 US dollar/ton CFR China, more than 50% of the domestic need to import,

The low price of foreign plate has a certain negative effect on the domestic market price of xylene, and the price trend of xylene in the field is stable. May 3 U.S. WTI crude oil June futures market prices rose, reported 61.94 U.S. dollars/barrels, the increase of 0.13 U.S. dollars, Brent crude oil July futures prices fell, reported 70.85 U.S. dollars/Barrels, The decline was 0.10 U.S. dollars, crude oil prices rose, for the downstream petrochemical product prices have a certain cost support role, the xylene market price trend is temporarily stable. Recently the textile industry market stability, PTA price 6th trend Rise, East China’s average price in 6700-6800 yuan/ton near self-mention, as of 6th domestic PTA start rate of about 78%, polyester industry start rate of about 91%, downstream production and sales rate to maintain a high, but the PTA market price changes are not big, The late PX market price is expected to remain volatile.

The Ammonium Nitrate Commodity Index of May 4 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 to maintain a low, 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 5th domestic ammonium nitrate market price negotiations in 1900-2100 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 is weak. Recent domestic nitric acid price trend temporarily stable, as of 5th market price of 1576.67 yuan/ton, nitric acid price trend stability for ammonium nitrate market impact is not big, ammonium nitrate price trend is stable; upstream raw material liquid ammonia price trend concussion, as of 5th liquid ammonia market price of 3436.67 yuan/ton, Upstream raw material price trend shock for ammonium nitrate market to bring a certain cost support, ammonium nitrate price trend is stable. 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.