In March, the price of aluminum fluoride fluctuated and fell

According to the data of business agency, the price of aluminum fluoride fluctuated and fell in March. As of March 30, the average price of domestic aluminum fluoride was 10875 yuan / ton, down 5.02% from 11450 yuan / ton on March 1 at the beginning of the month; The aluminum fluoride market fell weakly in March.

The price of raw materials fluctuated and fell

According to the monitoring of business society, the price of fluorite stabilized after a sharp decline in March, with a decrease of 9.65% in March; In March, the price of hydrofluoric acid fell first and then rose, and the overall hydrofluoric acid Market stopped falling and recovered. In early March, the prices of raw materials fluorite and hydrofluoric acid fell sharply, the cost of aluminum fluoride decreased, and the downward pressure of aluminum fluoride increased; The prices of fluorite and hydrofluoric acid stopped falling and rebounded in the latter ten days, the cost of aluminum fluoride rose, and the rising power of aluminum fluoride increased.

The price of electrolytic aluminum fluctuated and warmed up

According to the monitoring of business society, the price of electrolytic aluminum fluctuated and adjusted in March, and the price of electrolytic aluminum rebounded slightly in March. In March, the aluminum price fluctuated and adjusted, with a small increase of 0.80%. The operation of electrolytic aluminum manufacturers is stable, the demand for aluminum fluoride is stable, the downstream demand rebounds and adjusts, and the rising power of aluminum fluoride still exists.

Market overview and forecast

Analysts of aluminum fluoride industry of business agency believe that in the first ten days of March, the price of hydrofluoric acid and fluorite fell, the cost of aluminum fluoride fell, and the price of aluminum fluoride fell; The start-up of aluminum fluoride manufacturers rose, and the supply of aluminum fluoride was sufficient; The prices of fluorite and hydrofluoric acid hit the bottom and rebounded in the latter half of the year, the cost of aluminum fluoride rose, and the rising power of aluminum fluoride increased. In the future, the cost increases, the supply and demand are both high, the downward pressure of aluminum fluoride is weakened, and the upward momentum is increased. It is expected that the price of aluminum fluoride will rebound and rise in the future.

According to the monitoring sample data of business agency, as of March 29, the average price of melamine enterprises was 12333.33 yuan / ton, which was flat compared with the price on Friday (March 25), decreased by 1.33% compared with the price on March 1, and increased by 26.71% year-on-year in a three-month cycle.

The recent melamine market is mainly stable. Recently, the price of urea is weak, the cost support is weakened, the operating rate of melamine is high, the demand performance is insufficient, and the manufacturer’s shipment is not smooth. In addition, there is a certain impact on logistics and transportation, the market trading atmosphere is light, and the price is stable and wait-and-see.

For upstream urea, the comprehensive price of domestic urea fell slightly on March 28, down 27 yuan / ton, or 0.90%, compared with the price on March 25, and increased by 39.83% year-on-year compared with the same period last year. On the whole, the cost of urea is generally supported, the downstream demand increases, the supply of urea increases, and the aftermarket urea fluctuates mainly in a narrow range.

Melamine analysts of business society believe that at present, the cost support is limited, the demand performance is poor, and the market wait-and-see atmosphere is strong. It is expected that the melamine market may be weak in the short term.

1、 Price trend

According to the bulk data monitoring of business society, as of March 28, the average price of refrigerant R22 was 17166.67 yuan / ton, down 1.9% from the beginning of the month and up 7.74% compared with the same period last year

According to the bulk data monitoring of business society, as of March 28, the average price of refrigerant R134a was 25166.67 yuan / ton, down 8.48% from the beginning of the month and up 23.16% from the same period last year.

2、 Market analysis

In March, the refrigerant R22 market was generally stable with little fluctuation, falling by 1.9% during the month. The price of raw material hydrofluoric acid was weak and stable this month, and the market of chloroform rose, which strengthened the support for refrigerant R22. In addition, public health events in various places intensified this month, affecting the entry of raw materials and the delivery of products, poor logistics, slow shipment speed of manufacturers and reduced market supply. Therefore, the price was strong. Near the end of the month, R22 price fell slightly. At present, the price of raw material hydrofluoric acid is mostly 10200-10500 yuan / ton, the price of chloroform is about 5250 yuan / ton, the market price of R22 is mostly in the range of 17000-18000 yuan / ton, the price in Shandong is about 17500 yuan / ton, the price in Zhejiang is about 17000-17500 yuan / ton, the price in Hunan is about 17500-18000 yuan / ton, and the price in Guangzhou is about 18000 yuan / ton.

Refrigerant R134a market declined in March, with a decrease of 8.48% in the month. The price of raw material hydrofluoric acid is weak and stable, the price of trichloroethylene is stable, the cost is under pressure, the demand of the car market is still weak, the market supply exceeds demand, coupled with the intensification of local public health events and poor logistics, the manufacturers are eager to clear the goods, the price is frequently reduced, and the mentality of the operators is negative. At present, the market quotation of R134a is mostly in the range of 24000-26000 yuan / ton, about 24800-25500 yuan / ton in Zhejiang, about 24500-25000 yuan / ton in Hunan, about 26000-30000 yuan / ton in Jiangsu and about 27000 yuan / ton in Guangzhou.

In terms of raw materials, on March 28, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers rose to 10200-10500 yuan / ton, and the ex factory price trend of on-site merchants rose. The operating rate of domestic hydrofluoric acid manufacturers was low, and the supply of on-site goods was tight. Recently, the price of fluorite rose steadily, medium and small. The price of raw fluorite was good for the domestic hydrofluoric acid market, but the downstream refrigerant market was depressed and the on-site procurement was not active, On the whole, the price trend of hydrofluoric acid is expected to rise in the later stage.

3、 Future forecast

According to the refrigerant analysts of business society, the public health incident in March affected the entry of raw materials and the delivery of products. The market trading was not smooth, and the refrigerant price fell. In the short term, R22 was supported by the cost and supply side, but the price was strong. R134a had high inventory pressure, continued to reduce prices and ship goods, and there was still a risk of decline in the short term.

According to the data monitored by the business agency, the domestic carbon black quotation was 9675 yuan / ton on March 18.

In terms of cost, this week, the overall weakness of domestic high-temperature coal tar was consolidated, with both ups and downs. Affected by the control of epidemic situations around the country, the domestic logistics transportation was seriously blocked. When the inventory of raw coking coal was not high, the start-up of coke enterprises was limited, but the overall price was high, and the cost pressure of carbon black enterprises was still high.

In terms of demand, in this month, tire manufacturers kept placing orders. In the case of strong demand in the main market, the supply and demand situation of carbon black market changed rapidly. Last week, it entered the tight situation of goods. According to market feedback, under the dual pressure of upstream and downstream, carbon black manufacturers had strong willingness to increase, mainstream carbon black manufacturers were full of orders, and even some carbon black manufacturers did not accept orders

In terms of import and export, in February 2022, the carbon black import volume fell month on month and increased year on year. The Spring Festival holiday in February runs through it. The construction of carbon black domestic rubber products enterprises reached the low point of the year, and the demand fell; Carbon black exports fell in February compared with the same month on month: the Spring Festival holiday in February runs through it, and the domestic and foreign markets ushered in the traditional off-season demand. Under the restrictions of logistics and other transportation, the delivery of carbon black export orders was slow, and the export volume fell.

Analysts expect the price of carbon black to rise steadily in the near future.

According to the monitoring data of business society, as of March 18, 2022, the average ex factory price of domestic industrial grade dimethyl carbonate was 5966 yuan / ton, which was reduced by 200 yuan / ton or 3.24% compared with the price on March 13, 2022 (the reference price of dimethyl carbonate was 6166 yuan / ton).

It can be seen from the data monitoring chart of business society that this week, the domestic dimethyl carbonate market first rose slightly and then fell weakly, with an overall decline of more than 3% during the week. At the beginning of the week, affected by the shutdown of some units in Shandong, the supply of dimethyl carbonate in the field decreased, supporting the firm offer of the industry. On the 14th and 15th, the domestic dimethyl carbonate market increased slightly, with an increase range of around 100-300 yuan / ton. On the 15th, the ex factory price of domestic industrial dimethyl carbonate was around 6100-6500 yuan / ton. In the middle of the week, the trend of upstream raw materials was weak, which weakened the cost support of dimethyl carbonate. In addition, the downstream operating rate was low and the demand was weak. Starting from the 16th, the domestic dimethyl carbonate Market weakened, the dimethyl carbonate factory made profit and shipped goods, and the factory price of dimethyl carbonate was reduced by about 100-200 yuan / ton. The market continued to operate weakly. On the 18th, affected by logistics restrictions and other factors, The market focus of dimethyl carbonate continued to move downward. As of the 18th, the ex factory price of dimethyl carbonate in China was around 5800-6200 yuan / ton. At present, the floor trading of dimethyl carbonate is cold and the turnover is limited.

On the upstream side of propylene oxide, the market price of propylene oxide has fallen recently. Last Wednesday, the price of raw propylene was high, the cost support was obvious, the supply was mainly stable, the downstream demand was general, and the price was strong under the support of strong cost. As the price of raw propylene gradually decreased, the cost support gradually weakened, the market supply was abundant, the demand side was cold, and the market price of epoxypropane decreased. On the 16th, the mainstream quotation of propylene oxide Market in Shandong was around 11100-11300 yuan / ton.

Future trend analysis

At present, the overall performance of domestic dimethyl carbonate market is weak in both supply and demand, and the downstream is cautious and just needs to purchase. The dimethyl carbonate data division of business society believes that in the short term, the domestic dimethyl carbonate market is weak, mainly sorting and operation, and the specific trend needs to pay more attention to the news changes of supply and demand.

Trade name: melamine

Latest price (March 23): 12266.67 yuan / ton

On March 23, the melamine market was temporarily stable, flat compared with the previous trading day, and decreased by 0.54% compared with the price on February 23. At present, the upstream urea price is rising, the cost support is rising, the supply side is gradually expected to improve, the demand side is weak, the logistics in some regions is limited, and the market trading atmosphere is general.

It is expected that in the short term, the melamine market may be deadlocked.

According to the data monitoring of business agency, the average price of acetic acid in East China was 4880 yuan / ton on March 18, up 0.62% during the week compared with 4850 yuan / ton at the end of last week. As of March 18, the market price of acetic acid in various regions rose and fell as follows:

Region, March 12th ., March 18th ., Price rise and fall

South China, 4700-4800 yuan / ton ., 4800 yuan / ton, 100/0

North China, 4550-4650 yuan / ton ., 4700 yuan / ton 150/50

Shandong Province, 4500-4650 yuan / ton ., 4600 yuan / ton, 100/50

Jiangsu Province, 4650-4750 yuan / ton ., 4550 yuan / ton, – 100/-200

Zhejiang Province, 4750-4850 yuan / ton ., 4650 yuan / ton, – 100/-200

During the week, the acetic acid market was consolidated and operated, and the manufacturer’s quotation rose first and then fell. At the beginning of the week, acetic acid manufacturers continued to follow the market price rise at the weekend, and the market consolidation during the week was down, mainly due to the rapid rise of acetic acid market price, the digestion and increase in the downstream, the resistance to the high price supply and the purchase of rigid demand in the market. At present, in terms of market supply and demand, the supply is sufficient, the demand is relatively stable, and the market trading atmosphere is light.

Downstream, the market of ethyl acetate continued to decline. On March 18, the price of ethyl acetate in East China was about 8050 yuan / ton, an increase of 2.40% during the week. In terms of start-up, the unit changes little, the ethyl acetate operating rate is stable, the main factories remain normal compared with last week, the demand side is affected by the epidemic, the transportation is blocked, the market demand is weakened, coupled with the decline of cost, and the price of ethyl acetate is reduced.

According to the acetic acid analyst of business society, at present, the downstream of the acetic acid market occupies a dominant position. Under the pull-up in the early stage, the market quotation is still passively lowered to meet the market. The market supply is sufficient, the downstream demand is weak, and the short-term market is weak. In the long run, there is market news that the main manufacturers in North and East China plan to overhaul at the end of March. It is expected that the market will fluctuate in the future, and pay attention to the situation of enterprise devices.

1、 Price trend

According to the bulk list data of business society, the average market price of domestic liquid caprolactam was 15133 yuan / ton on March 14 and 14333 yuan / ton on March 18. The price of caprolactam fell 5.29% this week.

2、 Market analysis

This week, caprolactam fell after a sharp rise in the early stage, and the price fell. Due to the poor raw material market this week, the raw material price continued to decline, and the cost support of caprolactam was insufficient. Cautious floor trading, tight supply and unstable market mentality. As of March 18, the price of Sinopec caprolactam liquid was 14900 yuan / ton. The price of Baling Hengyi caprolactam liquid is 14900 yuan / ton, 450000 tons / year. The unit is started normally and delivered after acceptance. The price of caprolactam liquid of Baling Petrochemical is 14900 yuan / ton, 450000 tons / year. The unit is started normally and delivered after acceptance. The price of Shandong Hualu Hengsheng caprolactam bulk water is 14300 yuan / ton, which is accepted and sent to East China, and the manufacturer’s unit capacity is 300000 tons / year.

This week, the raw material pure benzene continued to decline, and the price fell broadly. The crude oil price fell slightly, and the lower price of pure benzene was not supported by the weak price of pure benzene in Asia. Public health incidents in many places in China have affected transportation, limited factory shipments and inventory accumulation. In order to promote shipments, local refining enterprises in Shandong have continuously reduced prices. Although crude oil fell broadly, the price is still high, the cost pressure is prominent, and the operating rate of pure benzene decreased this week.

3、 Future forecast

Caprolactam analysts of business society believe that due to the current poor raw material market, the cost support force has decreased. Downstream on-demand procurement, general demand. The supply of caprolactam is relatively small, and the industry is mainly cautious. It is expected that the price of caprolactam will fluctuate in the short term, and it is suggested to pay attention to the changes of raw material market.

The domestic aggregated MDI market price is weak, the receipt and delivery of goods in the trade market has become the biggest problem, and the logistics and transportation are seriously limited, which inhibits the terminal consumption of aggregated MDI. In addition, the prices of raw materials such as pure benzene and aniline continued to decline, making it difficult to boost the market of polymerized MDI in the short term.

According to the sample data monitored by the business agency, from March 11 to 18, the market price of domestic aggregated MDI fell from 19800 yuan / ton to 19016 yuan / ton. The price fell by 3.96% during the week, 11.28% month on month and 24.31% year-on-year.

Summary of domestic aggregate MDI market as of March 18:

Region, Wanhua goods, Shanghai goods

South China, 18800-19000 yuan / ton ., 18000-18300 yuan / ton

East China, 19000 yuan / ton ,. 18000-18200 yuan / ton

North China and Shandong, 18800-19000 yuan / ton, near 18000-18200 yuan / ton

Summary of domestic aggregated MDI traders as of March 18:

Raw material pure benzene: the price of raw material pure benzene fell. Crude oil continued to fall. The macro support of pure benzene weakened. Downstream styrene prices fell, and styrene and caprolactam maintained cash flow losses, and demand support remained weak.

Comparison chart of pure benzene (upstream raw material) – polymerized MDI price trend of business society:

Aniline: domestic aniline maintained a weak and stable pattern in the week. Transportation in some areas is limited, the shipment of aniline factory and the procurement of downstream factories are not smooth, and the discharge of aniline into the warehouse is slow.

Comparison chart of aniline (upstream raw material) – polymerized MDI price trend of business society:

In terms of enterprises, Yantai Wanhua 1.1 million T / a plant operates normally; Ningbo Wanhua 1.2 million T / a unit operates normally; The 600000 T / a unit of Shanghai keschuang operates normally; The 380000 T / a unit of Shanghai Huntsman operates normally; Shanghai BASF 220000 T / a unit operates normally; Chongqing BASF 400000 T / a unit operates normally; The 80000 T / a unit of Dongcao Ruian operates normally.

In the future, business community aggregation MDI analysts expect that the domestic aggregation MDI market may still be dominated by shock consolidation.

Price trend

According to the bulk list data of business society, the domestic PC market fell this week, and the spot price decreased as a whole. As of March 17, the reference offer of PC sample enterprises of business society was about 22933.33 yuan / ton, up or down by + 2.52% compared with the average price at the beginning of the month.

Cause analysis

Industrial chain: in the upstream, the domestic bisphenol a market demand is poor, transactions are rare, the downstream demand is also weak, and the market momentum is not strong, mainly for the delivery of early contract goods. Crude oil fell sharply this week, the upstream and downstream markets weakened simultaneously, and the market wait-and-see sentiment increased. The short-term just needs to be followed up, and the spot price may continue to weaken.

The upstream bisphenol a market fell, weakening the cost side support of PC. In terms of industry load, recently, some domestic PC enterprises have started to improve after maintenance, the overall load has increased slightly, and the benefits of the early supply side have been gradually diluted. In terms of news, the tension in Eastern Europe has shown signs of easing recently, increasing the uncertainty of the petrochemical industry chain. In addition, the health incident has rebounded in some parts of China, the mentality of domestic operators has weakened, market transportation and demand have been affected at the same time, merchants’ offer has been reduced, and shipments tend to follow the market.

Future forecast

Business analysts believe that the domestic PC market fell this week, the upstream bisphenol a market fell, and the cost side has weak support for PC. In terms of supply, the on-site supply of goods increased slightly, and the crude oil in the remote upstream fell sharply recently, driving the weakness of downstream industrial chain products. At present, the demand and transportation of some regional markets are restricted by health events, and the trading volume decreases. Many factors cause the superposition of bad and bad conditions in the domestic PC market. It is expected that the spot price may be weak in the short term.