The price of aluminum fluoride stabilized after falling this week

According to the data of business agency, the price of aluminum fluoride stabilized after falling this week. As of March 7, the average price of domestic aluminum fluoride was 11250 yuan / ton, down 2.81% from 11575 yuan / ton on February 25 last week; The aluminum fluoride market fell this week.

Weak decline in raw material prices

According to the monitoring of business society, the price of fluorite fell sharply this week, down 7.88%; The price of hydrofluoric acid fluctuated and fell by 3.98%. The price of raw materials fluorite and hydrofluoric acid fluctuated and fell, the cost of aluminum fluoride decreased, and the downward pressure of aluminum fluoride increased.

The price of electrolytic aluminum fluctuated and rose

According to the monitoring of business society, the price of electrolytic aluminum rose by 4.57% this week. Aluminum prices rose this week, electrolytic aluminum manufacturers started stably, the demand for aluminum fluoride was temporarily stable, the downstream market rose, and the rising power of aluminum fluoride remained.

Market overview and forecast

Analysts of aluminum fluoride industry in business society believe that this week, the price of hydrofluoric acid fell, the price of fluorite fell, the cost of aluminum fluoride fell weakly, the demand for aluminum fluoride was stable, the construction of aluminum fluoride manufacturers resumed, and the supply of aluminum fluoride increased. In the future, the cost is weak, the supply is increasing, the demand is stable, the downward pressure of aluminum fluoride is increasing, and the upward momentum still exists. In the future, the price of aluminum fluoride is weak and stable.

1、 Price data

According to the bulk list data of business society, the price of petroleum coke of local refiners continued to rise this week. The average price in Shandong market was 4313.75 yuan / ton on March 6, up 1.47% from 4251.25 yuan / ton on February 28.

On March 6, the commodity index of petroleum coke was 335.52, unchanged from yesterday, hitting a record high in the cycle, up 401.60% from the lowest point of 66.89 on March 28, 2016. (Note: the period refers to the period from September 30, 2012 to now)

2、 Analysis of influencing factors

Refinery shipments were good this week and prices rose at a high level. At present, the refinery has low inventory, good downstream demand and positive transaction.

Upstream: international crude oil prices soared. The news of IEA member states releasing crude oil reserves did not cool the overheated oil market, and international crude oil futures still rose sharply. It is difficult for Russia and Ukraine to reach a satisfactory outcome in the negotiations, the war in Ukraine is difficult to calm down in the short term, and oil prices soared amid the increasing expectation of energy supply interruption. Judging from the amount of crude oil reserves released by IEA Member States, 2 million barrels are released every day for 30 days, and the total release is only 60 million barrels. At present, Russia’s crude oil output is about 10 million barrels / day, which is only Russia’s output in six days, which is a drop in the bucket. At present, the Western camp’s sanctions against Russia have increased “swift”, known as the financial “nuclear bomb” level sanctions. Some Russian banks will not be able to conduct cross-border trade settlement under this system, which will be a fatal blow to Russia’s energy exports. The market is generally worried about the interruption of energy supply in the future. Instead of calming the oil price, the IEA declaration made the oil price reach a new high in the sound of panic.

Downstream: the price of calcined coke rose as a whole this week; The market price of metal silicon continues to rise; The price of downstream electrolytic aluminum fluctuated and rose. As of March 6, the price was 23453.33 yuan / ton.

The petroleum coke analyst of business agency believes that: the international crude oil rises sharply, the local petroleum coke price is supported by the cost, the refinery has no pressure on the inventory at present, and the downstream demand has improved. It is expected that the petroleum coke price may continue to rise in the near future.

1、 Price trend

As can be seen from the above figure, the domestic isobutyraldehyde market price rose slightly this week. This week, the average price of isobutyraldehyde in the mainstream domestic market rose from 13933.33 yuan / ton at the beginning of the week to 15133.33 yuan / ton at the end of the week, up 1200.00 yuan / ton, or 8.61%.

2、 Market analysis

The quotation of mainstream isobutyraldehyde manufacturers increased slightly this week: the ex factory quotation of lihuayi isobutyraldehyde this weekend was 14600 yuan / ton, which increased by 600 yuan / ton compared with the beginning of the week; Hualu Hengsheng isobutyraldehyde’s ex factory quotation this weekend is 15500 yuan / ton, which is 1200 yuan / ton higher than that at the beginning of the week; Shandong Zhenkun isobutyraldehyde offered 15300 yuan / ton this weekend, an increase of 1800 yuan / ton compared with the beginning of the week.

From the perspective of upstream and downstream industrial chains, the propylene market in the upstream raw material market of isobutyraldehyde increased slightly this week. The quotation increased from 8375.50 yuan / ton at the beginning of the week to 9017.17 yuan / ton at the end of the week, an increase of 7.66%, an increase of 6.60% year-on-year over the same period last year. The market price of upstream raw materials rose slightly and the cost support was good. Affected by the supply and demand side, it had a positive impact on the price of isobutyraldehyde. From the downstream industrial chain, the market price of neopentyl glycol fell slightly, and the quotation fell from 19333.33 yuan / ton at the beginning of the week to 18833.33 yuan / ton at the end of the week, down 2.59%. The neopentyl glycol market fell slightly, and the downstream demand weakened, which had a negative impact on isobutyraldehyde.

3、 Future forecast

The market trend of isobutyraldehyde in the middle and early days of March may rise slightly. Although the downstream neopentyl glycol market fell slightly, the downstream procurement enthusiasm weakened. However, the upstream propylene market rose sharply and the cost support increased. Isobutyraldehyde analysts of business society believe that under the influence of supply and demand and raw materials in the short-term isobutyraldehyde market, the isobutyraldehyde market may rise slightly.

Trade name: melamine

Latest price (March 3): 12166.67 yuan / ton

On March 3, the melamine market was temporarily stable, flat compared with the previous trading day, and increased by 16.61% compared with the price on February 3. At present, the upstream urea price is temporarily stable, the cost support is limited, the market supply is abundant, the domestic demand performance is general, the export market is mainly wait-and-see, and the market game is sorted out.

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

As can be seen from the above figure, the ex factory price of Shandong isooctanol first rose and then fell this month. The quotation first rose from 12066.67 yuan / ton on February 1 to 14533.33 yuan / ton on February 8, up 2466.66 yuan / ton, up 20.44%, and then fell to 12100.00 yuan / ton at the end of the month, down 16.74%. There is an upward trend at the end of the month. On February 27, the isooctanol commodity index was 90.44, unchanged from yesterday, down 34.23% from the highest point 137.50 in the cycle (2021-08-08), and up 157.30% from the lowest point 35.15 on February 1, 2016. (Note: the period refers to the period from September 1, 2011 to now).

From the manufacturer’s quotation, the price of mainstream manufacturers of isooctanol in Shandong rose this month, the manufacturer’s inventory was general, and the downstream demand weakened. The quotation of lihuayi isooctanol at the end of the month was 12400 yuan / ton, an increase of 600 yuan / ton compared with the beginning of the month; Jianlan Chemical Co., Ltd. offered 12300 yuan / ton of isooctanol at the end of the month, an increase of 500 yuan / ton compared with the beginning of the month; Hualu Hengsheng isooctanol offered 12500 yuan / ton at the end of the month, down 100 yuan / ton compared with the beginning of the month.

Insufficient upstream support and weakening downstream demand

From the perspective of upstream and downstream industrial chains, the upstream propylene market has twists and turns this month. The price rose from 7750.80 yuan / ton at the beginning of the month to 8375.50 yuan / ton at the end of the month, an increase of 8.06%, down 2.09% year-on-year compared with the same period last year, and the cost support is good. The downstream DOP price rose first and then fell. The quotation first rose from 11425 yuan / ton on February 1 to 13400.00 yuan / ton on February 8, an increase of 17.29%, and then fell to 11912.50 yuan / ton at the end of the month, a decrease of 11.10%, a year-on-year decrease of 15.81%. The downstream market rose first and then fell, and the downstream customers have general enthusiasm for purchasing isooctanol. On the whole, the upstream and downstream products had a positive impact on the price of isooctanol this month.

The market outlook fell slightly

The domestic isooctanol market may fluctuate slightly in the middle and early days of March. The price of upstream propylene has an upward trend at the end of the month, with general cost support, but the downstream DOP market has fallen all the way recently, the downstream enthusiasm for purchasing isooctanol has weakened, and the product trend has declined under the contradiction between supply and demand. The isooctanol analyst of business society believes that under the influence of supply and demand and raw materials in the short term, the domestic isooctanol market may fluctuate and decline slightly.

Zinc prices fell slightly in February

According to the data monitoring of business agency, the zinc market fell in February, and the zinc price fluctuated slightly. As of February 28, the price of zinc was 25010 yuan / ton, down 1.36% from 25354 yuan / ton on February 1 at the beginning of the month. In February, zinc ingot inventory in zinc city increased and zinc price fluctuated and fell.

Zinc ingot inventory in Shanghai futures market increased sharply

Time Futures inventory . Increase or decrease

February 7 fifty-six thousand six hundred and eighteen . 0

February 8th . fifty-eight thousand and seventy-seven one thousand four hundred and fifty-nine

February 9th . sixty-four thousand and eighty-one . six thousand and four

February 10 sixty-seven thousand three hundred and forty-seven three thousand two hundred and sixty-six

February 11 seventy-four thousand six hundred and fifteen . seven thousand two hundred and sixty-eight

February 14 eighty-nine thousand two hundred and sixty point one four six four five

February 15 ninety-six thousand eight hundred and forty-seven . seven thousand five hundred and eighty-seven

February 16th . one hundred and three thousand eight hundred and ninety-six seven thousand and forty-nine

February 17th . one hundred and four thousand one hundred and twenty-one . two hundred and twenty-five

February 18th . one hundred and four thousand nine hundred and fifty-seven eight hundred and thirty-six

February 21 one hundred and four thousand eight hundred and eighty-three .- seventy-four

February 22nd . one hundred and five thousand three hundred and ninety-seven five hundred and fourteen

February 23rd . one hundred and six thousand and forty-nine six hundred and fifty-two

February 24th . one hundred and eight thousand and seventy-seven two thousand and twenty-eight

February 25th . one hundred and eight thousand five hundred and fifty-three four hundred and seventy-six

February 28th . one hundred and six thousand nine hundred and forty-six .- one thousand six hundred and seven

According to the zinc ingot inventory data sheet of Shanghai futures market, as of February 28, the zinc ingot futures inventory of Shanghai futures market was 106946 tons, the zinc ingot inventory increased by more than 50000 tons in February, the zinc ingot inventory decreased slightly on February 28, the inventory of Shanghai futures market increased greatly, the supply of zinc market was sufficient, the upward support of zinc price was weakened, and the downward pressure of zinc price increased.

Russia Ukraine conflict affects European oil and gas supply

Across Eurasia, Russia is extremely rich in oil and gas resources, and its oil and gas production ranks third and second in the world respectively. And because of its relatively limited consumption, it exports a large number to Europe and Asia. It is an important exporter of global oil and gas resources. The worsening conflict between Russia and Ukraine and the sanctions imposed by Europe and the United States on Russia will affect the energy supply in Europe and even the world. The European natural gas market will also be hit hard. Considering that Russia’s natural gas exports to Europe (pipeline gas + LNG) account for nearly 1 / 3 of its total demand, if the natural gas supply from Russia is seriously blocked, the already high European gas price will soar again. The price of natural gas rises, the cost of zinc smelting rises, the output of zinc ingots in Europe is expected to decrease, and the supply of zinc in the future is expected to decrease.

Future forecast

Business analysts believe that: in February, the inventory of zinc ingots in Shanghai futures market increased greatly, the supply of zinc market increased, and the price of zinc fluctuated and fell. With the intensification of the conflict between Russia and Ukraine, the zinc ingot inventory in Shanghai futures market has declined, the output of zinc ingots in Europe is expected to decrease, the supply of zinc in the future market is expected to decrease, and the zinc price is expected to rise slightly.

1、 Price data

According to the bulk list data of business society, the mainstream average price of petroleum coke products of major domestic refiners was 4251.25 yuan / ton on the 28th and 4078.75 yuan / ton on the 14th, an increase of 4.23%.

On February 27, the commodity index of petroleum coke was 327.74, unchanged from yesterday, hitting a record high in the cycle, up 389.97% from the lowest point of 66.89 on March 28, 2016. (Note: the period refers to the period from September 30, 2012 to now)

2、 Analysis of influencing factors

Product: the overall rise of refined petroleum coke in late February. Most of the early-stage contracts of refineries have been executed in the latter ten days, the price of petroleum coke is high, the downstream receiving is cautious, the local refining inventory has increased, and the price of petroleum coke fluctuates; Crude oil prices rose sharply at the end of the month, refinery inventories were low, downstream demand was good, transactions were positive, and prices rose.

Upstream: the rise of international crude oil in February was mainly due to the escalating geopolitical situation between Russia and Ukraine, which led to the continuous rise of oil prices. From the fundamentals of supply and demand, the oil market is also in a tight balance. In recent months, the increase in production of the organization of petroleum exporting countries and its allies (OPEC +) has not reached the target. Some countries have difficulties in increasing production, which has led to the tension of supply. In addition, in the post epidemic era, The continuous recovery of demand and the steady increase of fuel demand also provide preconditions for the rise of oil prices.

Downstream: the price of calcined coke rose as a whole in late February; Metal silicon market rose; The price of downstream electrolytic aluminum fluctuated and rose. As of February 27, the price was 22830.00 yuan / ton.

3、 Future forecast

The petroleum coke analyst of business agency predicts that: the international crude oil rises sharply, and the local petroleum coke price is supported by the cost. With the end of the Winter Olympic Games, carbon enterprises start work one after another, and the demand for petroleum coke is good, driving the rise of coke price. At present, the inventory of the refinery is low and the downstream demand is good. It is expected that the price of petroleum coke may continue to rise slightly in the near future.

The price of aluminum fluoride fell sharply in February

According to the data of business news agency, the price of aluminum fluoride fell sharply in February. As of February 25, the average price of domestic aluminum fluoride was 11575 yuan / ton, down 13.46% from 13375 yuan / ton on February 1 at the beginning of the month; Aluminum fluoride market fell sharply in February.

Weak decline in raw material prices

According to the monitoring of business society, the price of fluorite was temporarily stable in February, and the price of hydrofluoric acid fell. The prices of raw materials fluorite and hydrofluoric acid were adjusted weakly, the cost of aluminum fluoride decreased, and the downward pressure of aluminum fluoride remained.

The price of electrolytic aluminum fluctuated and rose

According to the monitoring of business society, the price of electrolytic aluminum rose sharply in February, up 5.16%. Aluminum prices rose, electrolytic aluminum manufacturers started steadily, the demand for aluminum fluoride was temporarily stable, the downstream market rose, and the rising power of aluminum fluoride remained.

Market overview and forecast

The aluminum fluoride industry analyst of business society believes that in February, the price of hydrofluoric acid fell weakly, the price of fluorite remained weakly stable, the cost of aluminum fluoride decreased weakly, the demand for aluminum fluoride remained temporarily stable, the construction of aluminum fluoride manufacturers resumed, and the supply of aluminum fluoride increased. In the future, the cost is weak, the supply is increased, the demand is low, the downward pressure of aluminum fluoride is increased, and the upward momentum still exists. In the future, the price of aluminum fluoride is weak and falls.

1、 Price trend

According to the bulk data monitoring of business society, as of February 24, the average price of refrigerant R22 was 17500 yuan / ton, an increase of 166 yuan / ton compared with 17333.33 yuan / ton at the beginning of the week, an increase of 0.96% during the week and an increase of 19.86 /% compared with the same period last year

According to the bulk data monitoring of business agency, as of February 24, the average price of refrigerant R134a was 27500 yuan / ton, which was the same as the price of 27500 yuan / ton at the beginning of the week, with an increase of 0% during the week and 39.12% compared with the same period last year.

2、 Market analysis

This week, the refrigerant R22 market rose steadily, slightly higher than last week, and the enterprise quotation increased by 500 yuan / ton. Recently, the raw material hydrofluoric acid and chloroform are stable, the cost support is OK, but the export and domestic sales are still poor, and the downstream demand support is general, but the manufacturer supports the price and supports the increase of R22 price. At present, the price of raw material hydrofluoric acid is mostly 11340 yuan / ton, the price of chloroform is about 5100 yuan / ton, and the market quotation of R22 is mostly in the range of 17000-18000 yuan / ton, The quotation in Shandong is about 17500 yuan / ton, that in Zhejiang is about 17000-17500 yuan / ton, that in Hunan is about 17500-18000 yuan / ton, and that in Guangzhou is about 18000 yuan / ton. The prices in various places have increased slightly.

The refrigerant R134a market has been stable for the time being this week, most enterprises have not made adjustments, and a few enterprises continue to increase by 1000-1500 yuan / ton. Recently, the price of raw material hydrofluoric acid has been temporarily stable, while the price of trichloroethylene is high and the cost support is strong. However, due to the drag of demand, the market transaction atmosphere is poor, the enterprise sales are under pressure, the warehouse is slightly affected, and the enterprise mainly waits and sees the market. According to the data of business agency, the market quotation of R134a is in the range of 25000-30000 yuan / ton, that of Zhejiang is about 25500-26000 yuan / ton, that of Hunan is about 25500-26000 yuan / ton, that of Jiangsu is about 27000-30000 yuan / ton, and that of Guangzhou is about 27000 yuan / ton. The prices in various places are generally stable.

In terms of raw materials, on February 23, the price trend of domestic hydrofluoric acid market was temporarily stable, the operation of on-site devices was stable, the supply of goods was normal, the market price of anhydrous hydrofluoric acid was temporarily stable, and the recent stable price of fluorite had a certain impact on the loss of support for the hydrofluoric acid market. In addition, the operating rate of downstream refrigerant industry was still at a low level, and the actual demand was at a low level, With regard to the Limited procurement of hydrofluoric acid and the recent upward trend of refrigerant market, it is expected that the market price of hydrofluoric acid may stabilize temporarily.

3、 Future forecast

Refrigerant analysts of business society believe that at present, the cost is strong, and the prices of refrigerants R22 and R134a are rising steadily, but the demand follow-up is insufficient and the enterprise sales pressure is large. Therefore, the increase range is more cautious, and the prices of R22 and R134a are rising steadily in the short term.

According to the monitoring data of business society, as of February 18, 2022, the average ex factory price of domestic industrial grade dimethyl carbonate was 6833 yuan / ton. Compared with the price on February 13, 2022 (the reference price of dimethyl carbonate was 8633 yuan / ton), the average price was reduced by 1800 yuan / ton, a decrease of 20.85%.

From the business data monitoring chart, it can be seen that in February, the domestic dimethyl carbonate market showed a sharp downward trend. In early February, during the Spring Festival holiday, the domestic market of dimethyl carbonate was calm, and there was no significant change in the venue. After the holiday, in the first week (9th day) after the start of construction, the domestic market of dimethyl carbonate went down when it was cold, and the downstream demand opened slowly after the holiday. Under the cold demand, the factory continuously reduced the ex factory price of dimethyl carbonate, with a cumulative reduction range of about 1000-1500 yuan / ton in the first week. As of February 15, the ex factory price of domestic dimethyl carbonate was around 7500-8500 yuan / ton.

In late February, domestic dimethyl carbonate plants started one after another, and the plants in Shandong and Zhejiang operated smoothly. The on-site supply of dimethyl carbonate increased again. However, the downstream demand side was still calm, the demand was more rigid, and the purchase was mainly needed. With the gradual imbalance between supply and demand, the domestic dimethyl carbonate market continued to decline deeply. On the 18th, The ex factory price of dimethyl carbonate in East China fell to around 6500-7300 yuan / ton. After a few days of temporary stable consolidation and operation of the market, the domestic dimethyl carbonate Market loosened and fell again on the 22nd. As of the 22nd, the ex factory price of domestic dimethyl carbonate was around 6500-7000 yuan / ton, and the average price was 6566 yuan / ton. The decline in February has exceeded 33%.

For the upstream propylene oxide Market, as of February 21, the overall market price of propylene oxide in Shandong was mainly rising. On February 21, the mainstream quotation of propylene oxide Market in Shandong was around 11800-11900 yuan / ton. According to the monitoring data of business agency, the reference average ex factory price of propylene oxide in Shandong was 11966.67 yuan / ton on the 21st, an increase of 5.9% compared with February 1 (11300 yuan / ton).

Future trend analysis

At present, after the dimethyl carbonate market fell to the low point, the market trading atmosphere has improved, and the volume of single transaction is still limited. Dimethyl carbonate analysts of business society believe that in the short term, the domestic dimethyl carbonate market is mainly adjusted and operated in a narrow range, and more attention needs to be paid to the basic changes in supply and demand.