Trade name: sulfuric acid

Latest price (May 16): 1072.00 yuan / ton

The price of sulfuric acid fell by 67.78% year-on-year on May 13, down from 16.5% in the domestic market. From the perspective of upstream and downstream industrial chains, the upstream sulfur market has increased slightly recently, and the cost support has been strengthened. The downstream hydrofluoric acid and ammonium sulfate markets were consolidated at a high level, the titanium dioxide market fell slightly, the downstream customers’ enthusiasm for purchasing sulfuric acid was general, and the product trend was downward under the contradiction between supply and demand.

Recently, the domestic sulfuric acid market price may fluctuate and fall slightly, and the average market price is about 1050 yuan / ton.

441# silicon price trend

Metal silicon continued to be weak this week, and the spot price continued to decrease slightly. Due to the increase of construction in the southwest, more supply and less demand, and there was no obvious good news in the market, the decline of metal silicon was difficult to improve. As of May 13, according to the price monitoring of business society, the average price of domestic metal silicon market was 20180 yuan / ton, down 420 yuan / ton, or 2.04%.

The price of 441# silicon in various regions on the 13th is as follows:

The price range of #441 metallic silicon in Huangpu port area is 20200-20400 yuan / ton, with an average price of 20300 yuan / ton; The price range of #441 metallic silicon in Tianjin port area is 20000-202000 yuan / ton, with an average price of 20100 yuan / ton; The price range of #441 metallic silicon in Kunming is 19900-20100 yuan / ton, with an average of 20000 yuan / ton; The price range of #441 metallic silicon in Sichuan is 19600-19800 yuan / ton, with an average of 19700 yuan / ton; The price range of Shanghai #441 metal silicon is 20700-20900 yuan / ton, with an average price of 20800 yuan / ton.

Supply side

In April, the output of metal silicon was 276000 tons, up 39.9% year-on-year and 5.4% month on month. Under the continuous high level of petroleum coke, silicon coal and other raw materials, the silicon plant is facing the risk of cost inversion. The enterprises adjust the start-up according to their own experience. Most enterprises in Xinjiang have basically completed the maintenance, reopened and put into operation. Due to entering the normal water period, the power cost has decreased in Yunnan and Sichuan, and the factory’s enthusiasm for start-up has increased. Comprehensively, it is optimistic that the output of metal silicon may increase to around 280000 tons in May.

Demand side

The price of aluminum alloy ADC12 fell by 200 yuan / ton, and the mainstream quotation was 21000 yuan / ton. The operating rate of aluminum alloy increased month on month, but the speed was relatively slow, and the demand for metal silicon was still relatively flat.

The market of organosilicon DMC fluctuates. The market price of organosilicon DMC in mainstream areas is 26680 yuan / ton. Under the condition that the downstream demand of export machines is restrained, organosilicon is mainly subject to multi range shocks in the short term.

Polysilicon prices continue to remain strong, with an average price of 216666.67 yuan / ton in the mainstream market. Polysilicon manufacturers operate normally and basically produce at full capacity. The demand for metal silicon is stable and there is no more incremental space.

Future forecast

On the whole, the supply of metal silicon has increased, but the demand for downstream silicone and aluminum alloy has recovered slowly. The commencement of polysilicon has reached the upper limit, and the demand for metal silicon is weak. In the medium and long term, the demand will be released, forming a hedge against the supply. In the short term, it is still dominated by weak consolidation.

Market price of main domestic hydrogenated benzene Market on May 12 (unit: yuan / ton)

Market, Price on May 12

East China, 8800~8900

Shandong Province, 8500~8600

International crude oil futures rose sharply on May 11. The settlement price of the main contract of WTI crude oil futures in the United States was US $99.76/barrel, up US $5.95 or 5.96%; The settlement price of the main contract of Brent crude oil futures was US $107.51/barrel, up US $5.05 or 4.93%. The epidemic situation in Asia has eased and demand concerns have slowed down; In addition, previous data showed that Russia’s natural gas exports to Europe decreased, and Russia announced to sanction some European natural gas companies. The news increased the expectation of future supply shortage in the global energy market, and the oil price rebounded sharply.

Crude oil fell for two consecutive days, with a decline of more than 9%. Pure benzene in Asia fell in the external market, and the cost support weakened. The downstream demand weakened and the styrene market fell, affecting the mentality of the pure benzene market. The price of pure benzene fell continuously. At present, the domestic price of pure benzene is 8500-9000 yuan / ton. Affected by this, at present, the commodities in the industrial chain have declined slightly, and the market price of hydrogenated benzene has decreased. Recently, the industrial chain has been strongly disturbed by crude oil, and it is expected that the future market will be weak and the trend will be dominated by shocks.

Trade name: caprolactam

Latest price: 14066 yuan / ton

Key points of analysis: the price of caprolactam rose on May 11, up 0.24% compared with the previous trading day. Today, the domestic price of raw material pure benzene decreased and the cost support weakened. However, most caprolactam enterprises are in a state of loss, and the manufacturer’s quotation is firm. Downstream polymerization plants purchase on demand and follow up the demand carefully. Today, the listing price of Sinopec high-end caprolactam is 14800 yuan / ton.

Future forecast: in the short term, the caprolactam price will fluctuate at a high level, mainly finishing and operation.

1、 Price trend

Latest price (May 10): 10730 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on May 10, the market price of phosphoric acid was 10730 yuan / ton, up 0.19 from the previous day, up 103.09% year-on-year, and the price of wet acid was 10633.33 yuan / ton, unchanged from the previous day. Recently, due to the rising price of raw yellow phosphorus and the strengthening of cost support, the offer of phosphoric acid enterprises has increased, but the downstream demand has followed up half, and there is little room for rise. At present, the price of yellow phosphorus as raw material is about 38000-38500 yuan / ton, and the market price of phosphoric acid is about 10500-12500 yuan / ton.

The phosphoric acid market is expected to rise steadily in the short term.

Trade name: acrylic acid

Latest price (May 9): 14633.33 yuan / ton

On May 9, the market price of acrylic acid in East China rose slightly, up 0.92% compared with the previous trading day and 4.52% compared with the price on April 9. Recently, the price of raw material propylene has risen, the cost support has been strengthened, the overall inventory of the industry is not high, the downstream demand is good, the enthusiasm for inquiry and procurement is improved, and the market negotiation is mild and upward.

It is expected that the acrylic acid market may be strong in the short term.

According to the data monitored by the business agency, as of May 7, the pet price of pet water bottle level has been stable, medium and strong this week. At present, the average price is 8620 yuan / ton, and the overall market is narrow and upward. Compared with the same period last week, the price has increased by 2.74%, or about 300 yuan / ton. The overall market supply and demand is balanced.

This week, the domestic pet price is relatively strong, the price increases slightly, the manufacturers’ shipment is positive, the logistics is smooth, the operating rate is normal, and the market transaction atmosphere is general. At present, the overall negotiation atmosphere is OK, the willingness of downstream goods preparation is general, and the cost is lack of support. At present, the mainstream price is 8600 yuan / ton. This week, the price rises slightly, and the strong operation will be maintained in the short term.

Upstream ethylene glycol: as of May 5, ethylene glycol operated with strong crude oil. The recent cargo negotiation on MEG outer plate was around us $635-655 / ton, but the downstream polyester construction was still low, and the current weak pattern of production and sales continued.

Rubber and plastic commodity index: on May 6, the rubber and plastic index was 792 points, unchanged from yesterday, down 25.28% from the highest point of 1060 points in the cycle (2012-03-14), and up 50.00% from the lowest point of 528 points on April 6, 2020. (Note: the period refers to the period from December 1, 2011 to now)

Pet analysts of business society believe that the pet market is expected to be strong in the short term, with prices rising slightly. (if you want to know more about the latest market trends of the industrial chain, you are welcome to pay attention to the official account of the business club, obtain commodity information and master commodity prices).

Trade name: lithium iron phosphate

Latest price (May 6): 155000.00 yuan / ton

As of May 6, the price of lithium iron phosphate has operated stably. Compared with the same period last week, the fluctuation range is limited, the supply of manufacturers is tight, the supply side is insufficient, the negotiation focus is general, the overall market negotiation atmosphere is OK, the focus of the upstream market is high, the rise slows down, the cost pressure of the lithium iron phosphate market remains, and the overall market is under pressure.

Future forecast: the price of lithium iron phosphate is expected to operate stably in the short term.

Market price trend chart of nitric acid

According to the monitoring of business agency, the average price of nitric acid on May 5 was 2466 yuan / ton, up 0.68% from the previous trading day.

Anhui Jinhe Industrial Co., Ltd., the ex factory quotation of concentrated nitric acid is 2500 yuan / ton, which is the same as the last time, and the goods in the nitric acid market are generally sold. Ningxia Runxia Energy Chemical Co., Ltd. has an annual output of 150000 concentrated acids and 98 concentrated nitric acid. The ex factory quotation is 2550 yuan / ton, which is flat compared with the last time, and the delivery of nitric acid is poor. Shaanxi Xinghua Chemical Co., Ltd. has an annual production capacity of 100000 tons of nitric acid, and the quotation of concentrated nitric acid is 2350 yuan / ton, which is 50 yuan / ton higher than that last time. The delivery of nitric acid is OK, and the current nitric acid production is small. Supported by the cost of liquid ammonia, the price of nitric acid is expected to rise.

According to the data monitoring of business society, the polyacrylamide commodity index on April 28 was 96.97, down 0.44 points from yesterday, down 13.04% from the highest point 111.51 in the cycle (2021-11-03), and up 16.99% from the lowest point 82.89 on August 2, 2020. (Note: the period refers to the period from April 1, 2019 to now)

Commodity market: according to the data monitoring of business society, on April 29, the mainstream quotation of polyacrylamide (CPAM, cation, molecular weight of 12 million, 10-30 ionic degree) in China’s domestic market was about 15828.57 yuan / ton, down 0.72% from Monday (25), up 2.56% year-on-year. At the end of the month, the mainstream market broke the stability and decreased slightly.

Key point analysis: at present, the production of enterprises is normal and the market inventory is sufficient; The downstream demand is general. At the moment of strict control of public health events, the transaction is greatly affected by transportation capacity and cost. The shipment pressure of enterprises is doubled. The demand situation is still severe, the transaction is affected, and the recent market of polyacrylamide is stable and weak.

The market of raw material acrylonitrile stabilized first and then stabilized from the 25th to the 29th. On the 29th (Friday), the market reported about 11560 yuan / ton, down 0.34% from 11600 yuan / ton at the beginning of the week (25th); Domestic acrylonitrile plants such as Haijiang and kruer in Shandong continue to shut down, and the domestic acrylonitrile industry starts around 70%. The downstream demand is weak, and the market offer decreases slightly. It is expected that the price of acrylonitrile will mainly be adjusted by shock in the later stage.

The market of raw acrylic acid remained stable during the week from 25th to 29th, and the mainstream quotation in East China was about 14333.33 yuan / ton. The recent market consolidation trend of raw propylene has a certain support on the cost side. On the supply side, the unit load rate of production enterprises is not high, and the goods need to be prepared just before the downstream Festival. The market atmosphere is mild and orderly, and the logistics capacity in some areas is insufficient; Near the holiday, the downstream demand is mainly stable, the market is on the sidelines, and the price of acrylic acid is stable. It is expected that the acrylic acid market may be stable in the short term. More attention should be paid to the guidance of market news.

Liquefied natural gas is used in the production process. According to the data monitoring of business agency, in the last week of April, the domestic LNG market fluctuated upward, 7036 yuan / ton at the beginning of the week and 7208 yuan / ton at the weekend, with a weekly increase of 2.44%. Near the end of the month, the stock pressure of the liquid plant is not strong, the price reduction and stock arrangement operation is not strong, and the price continues to rise moderately with cost support; Before the festival, the domestic LNG market still showed an upward trend. During the May Day holiday, the logistics is limited, and the domestic liquid price is expected to be mainly adjusted.

Future forecast: affected by the strict control of public health events, the problem of blocked market delivery and transportation will continue in the short term. The cost of raw materials fell slightly, the spot inventory in the market was sufficient, and the demand and transaction slowed down. In order to promote the realization, the market supply price has been reduced. It is expected that the polyacrylamide market will remain stable in the future, supplemented by a slight weakness.