On June 10, the rare earth index was 404 points, up 1 point from yesterday, down 59.60% from the cyclical peak of 1000 points (2011-12-06), and up 49.08% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).

The average price of Neodymium in rare earth metals increased by 2 500 yuan/ton to 457,500 yuan/ton, dysprosium metal by 2.4 million yuan/ton and praseodymium metal by 710,000 yuan/ton. The average price of praseodymium and neodymium oxide in rare earth oxides increased by 0.5 million yuan/ton to 355 million yuan/ton; dysprosium oxide price was 2 million yuan/ton; praseodymium oxide price was 4.15 million yuan/ton; and neodymium oxide price increased by 7500 yuan/ton to 355 million yuan/ton. The price of praseodymium and neodymium alloys in rare earth alloys increased by 2500 yuan/ton to 457,500 yuan/ton, while the average price of dysprosium-iron alloys was 2 million yuan/ton.

Recently, the price of some rare earths has risen, the domestic rare earth market is in general, the price trend of most commodities in the rare earth market has risen, and the import of heavy rare earth dysprosium and terbium products has been limited by Myanmar’s mines. Market participants are more optimistic about the price of medium and heavy rare earths. Holders are reluctant to sell them, and the price of dysprosium and terbium series has continued to rise. Recently, the market trend of praseodymium and neodymium series products has improved, and the supply in the field is normal. Light rare earth prices have recently risen. The price fluctuation of rare earth market is related to environmental protection supervision in the whole country. Rare earth production has its particularity, especially the radiation hazard of some products, which makes environmental protection supervision stricter. Under the strict environmental protection inspection, rare earth separation enterprises in many provinces have stopped production, resulting in a general market of rare earth oxides. Recently, the rare earth market has turned to the seller’s market. The manufacturers have reasonable control over sales and are reluctant to sell. Especially for some mainstream rare earth oxides, the supply performance is tight, the price trend of rare earth market is rising, large enterprise groups are reluctant to sell in the near future, the market of rare earth has improved, but the major manufacturers are cautious about the pricing of products. Recently, rare earth imports have declined, domestic enterprises are reluctant to sell, and some prices in the rare earth market have risen.

Recently, the State Environmental Protection Department has made no reduction in its stringent efforts, which has a greater impact on the rare earth industry. The rare earth industry has a low start-up and a cold market. Prior to this, Anhui Province jointly issued a special action document to crack down on rare earth blacks. Due to the increasingly obvious regulatory effect, the supply of raw mineral resources in the upstream of the rare earth industry has shrunk, and the rare earth industry has been trading well.

Rare earth analysts from business associations expect that the recent stringent domestic environmental protection efforts will not decrease, coupled with the domestic reorganization of the order of the rare earth industry, Myanmar’s export restrictions and reduced supply will provide some favorable support for the rare earth industry, but the recent rare earth market transactions are limited, and rare earth products are expected to rise slightly.

According to the monitoring of business associations, the market of hydrogen peroxide rose in May. At the beginning of the month, the price of 27.5% hydrogen peroxide was 1240 yuan/ton, and at the end of the month, 27.5% hydrogen peroxide was 1292 yuan/ton, an increase of 4.23%.

After May 1st, hydroperoxide underwater caprolactam manufacturer started, rigid demand support, hydrogen peroxide Market returned to the upward trend. In Shandong, the price of hydrogen peroxide has risen, with the mainstream price of 1200 yuan / ton – 1290 yuan / ton and the price of 60 yuan / ton. Hebei mainstream price quoted 1250-1300 yuan/ton, the price rose 50-100 yuan/ton. Anhui mainstream offer 1210 yuan / ton – 1250 yuan / ton.

In the middle of the month, hydrogen peroxide rose steadily. The mainstream price of 27.5% hydrogen peroxide in Hebei is 1260-1300 yuan/ton, which is slightly lower than the actual turnover. The mainstream quotation in Shandong is 1240-1320 yuan/ton, and the price rises by 30-60 yuan/ton. The mainstream quotation in Anhui is 1250-1300 yuan/ton, and the actual transaction price is about 1200 yuan/ton.

At the end of the month, the hydrogen peroxide Market declined. The mainstream price of 27.5% hydrogen peroxide in Hebei is 1300-1350 yuan/ton, which is stable. Shandong mainstream offer 1180-1320 yuan/ton, the price slightly fell. The mainstream quotation in Anhui is 1250-1300 yuan/ton, and the actual transaction price is about 1200 yuan/ton, which is relatively stable.

生意社双氧水分析师认为：终端需求相对平稳，后市双氧水价格或将持稳为主，上涨空间有限。

Business Club hydrogen peroxide analysts believe that the terminal demand is relatively stable, the price of hydrogen peroxide in the future will remain stable, and the rising space is limited.

On May 27, the hydrofluoric acid commodity index was 103.36, up 1.91 points from yesterday, down 26.40% from the peak of 140.43 points in the cycle (2018-02-21), and up 92.87% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic hydrofluoric acid market price trend was temporarily stable on the 28th. Up to now, the domestic hydrofluoric acid market price was 11390 yuan/ton, and the domestic hydrofluoric acid start-up rate was less than 60%. Rise. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 11,000-11,500 yuan/ton, while the price of hydrofluoric acid in the northern market is 11,000-12,000 yuan/ton. Domestic hydrofluoric acid market prices increased, spot supply decreased slightly, but demand did not change very much, the price trend of hydrofluoric acid Market rose.

Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price shocks. Recent downstream refrigerant market transactions have improved, R22 refrigerant plant surface started at 60%, R22 market device start-up rate is temporarily stable, the main production enterprise bulk water factory offer price is between 18500-19000 yuan/ton, but the production enterprise does not have bulk water spot, mainly a small number of cylinders shipment. In addition, the actual demand side of the market has not changed much, and the delivery market has increased. The domestic market price trend of R134a is not good, the start-up rate of production enterprises remains low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price has not changed much. Businessmen purchase on demand. Recently, due to the shortage of supply, the price trend of hydrofluoric acid market has risen.

Refrigerant on-site transactions are general, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is normal, but the spot supply of hydrofluoric acid is tight, Business Analyst Chen Ling believes that the hydrofluoric acid market may continue to rise.

Commodity Name: Acetone

Market Price (May 13, East China): 3100 yuan/ton

Analysis Points: Last week, the domestic acetone manufacturers overall price adjustment, market focus upward. Some second-hand merchants replenish their products in the market, and the atmosphere of market delivery has been alleviated, and the holder’s contract is not pressured for the time being. The mood of bidding and selling is obvious. The offer has risen, and terminal factories replenish their products one after another. Today, the acetone market is firm and open. Up to now, the main negotiation range of East China market is 3100-3150 yuan/ton, the main negotiation price of Yanshan peripheral market is 3050-3100 yuan/ton, and the negotiation range of South China market is 3150-3200 yuan/ton, with high-end mostly offers. Business associations expect the short-term acetone market to be strong. East China acetone talks about 3100 yuan per ton.

First, the price trend

The domestic formaldehyde market fell this week, earlier (May 05), the average price of formaldehyde was 1213.33 yuan/ton, the average price of formaldehyde over the weekend (May 10) was 1170.00 yuan/ton, down 3.57%, and the current price was down 23.28% from last year, according to business’s commodity list data.

Second, the market analysis Products: Domestic formaldehyde market price decline, weekend, Hebei mainstream factory quotation in 1070 yuan/ton or so, South China mainstream factory quotation in 1260 Yuan/ton, Shandong mainstream manufacturers quoted in 1120 Yuan/ton, Jiangsu region Mainstream factory quote 1500 Yuan/ton.

Tinian Chemical 80,000 tons of formaldehyde device restart, formaldehyde market supply is OK, downstream manufacturers affected by environmental protection start rate has receded, formaldehyde prices fell. Industrial chain: Upstream methanol market by macro and port inventory impact of the market rise, the price of the beginning of the week is 2178.00 yuan/ton, the weekend is 2248.00 yuan/ton, the increase of 3.24%.

Not given to formaldehyde finished product support, formaldehyde manufacturers mentality in general, downstream maintenance just need to buy, the field of trading more cautious, formaldehyde prices fell.

Third, the forecast of the aftermarket Upstream methanol market recently slightly increased, cost support in general, downstream start rate fell, so Business Society chemical branch Formaldehyde analysts expect, the recent domestic formaldehyde prices or shock consolidation mainly.

Price trends:

The acetic anhydride market fell this week, according to business association data. As of April 26, the average price quoted by acetic anhydride enterprises was 5633.33 yuan/ton, which was 5666.67 yuan/ton compared with that quoted by acetic anhydride earlier this week. The price fell by 0.59%, and the price fell by 28.18% compared with that of acetic anhydride in the same period last year.

2. Market analysis:

Product analysis:

The price of acetic anhydride was 5633.33 yuan/ton on April 26, but this week the price of acetic anhydride fell. On April 27, the acetic anhydride commodity index was 111.65, which was the same as yesterday. It was 32.63% lower than the cyclical peak of 165.73 points (2018-06-19), and 35.20% higher than the lowest point of 82.58 on September 20, 2016. (Note: Period refers to 2013-02-01 to date). As of April 26, most of the region’s ex-factory quotations were between 5500 and 5800 yuan/ton. The actual transaction price fell. The actual transaction price in Shandong was between 5500 and 5600 yuan/ton. The price fell. The market quotation was the reference price, and the actual transaction price was based on actual negotiation. Some manufacturers of acetic anhydride equipment overhaul, reduced startup rate, reduced supply of acetic anhydride, but the sale of acetic anhydride downstream is general, the market of acetic anhydride in the future is more bearish than favorable.

Factor analysis of industrial chain:

The price of acetic acid fell this week. As of April 26, the price of acetic acid was 2866.67 yuan/ton, which was 1.71% lower than the price of acetic acid at the beginning of this week. This week, the price of methanol fell sharply. As of April 26, the price of methanol was 2232.00 yuan/ton. This week, the price of methanol fell by 1.67%, and the cost of acetic anhydride fell, which had a negative impact on the market of acetic anhydride.

3. Future market forecast:

Bai Jiaxin, a data analyst for acetic anhydride in business associations, believes that the prices of acetic acid and methanol, raw materials for acetic anhydride, continued to fall this week, and the cost of acetic anhydride fell, which has a big negative impact on the market of acetic anhydride. Recent maintenance of acetic anhydride manufacturers, acetic anhydride equipment start-up decline, supply reduction, acetic anhydride market has a certain positive impact. Influenced by the explosion of Yancheng Chemical Plant, the demand of downstream customers has dropped dramatically, and the overall demand has been cold. The market of acetic anhydride is in a bad state. The May Day holiday is just around the corner. The production and stock-up of downstream customers has a certain stimulating effect on the demand, but the overall situation of insufficient demand is difficult to change. Overall, the price of acetic anhydride raw materials fell, the cost of acetic anhydride fell, the downstream market of acetic anhydride was general, the demand for acetic anhydride was negative, the short-term boost of May Day holiday could hardly change the shortage of demand. The overall market of acetic anhydride was more favorable than favorable, and the market of acetic anhydride was expected to remain stable before May Day.

On April 21, the ammonium nitrate commodity index was 107.02, which was the same as yesterday. It was 9.63% lower than the cyclical peak of 118.42 points (2019-01-15), and 38.32% 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 has maintained a low level. Affected by environmental protection control, domestic ammonium nitrate plants shut down more, and domestic ammonium nitrate plants started less. However, with the warming of the weather recently, the influence of northern air limitation disappeared. 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 has declined. As of the 22nd, the domestic ammonium nitrate market price negotiations in 1900-2100 yuan/ton, affected by environmental protection, so now many manufacturers in many areas are forced to limit production or stop production and maintenance to accept environmental protection inspection, the price trend of ammonium nitrate on the site is weak.

Recently, the domestic nitric acid price trend is temporarily stable. The market price of nitric acid is 1560 yuan/ton as of the 22nd. The stable trend of nitric acid price has little effect on the ammonium nitrate market, and the price trend of ammonium nitrate has slightly declined. The price trend of upstream raw material liquid ammonia has risen slightly, and the market price of liquid ammonia as of the 22nd is 3536.67 yuan/ton. The rising trend of upstream raw material price has brought certain support to the ammonium nitrate market. Ammonium acid market price trend is temporarily stable. 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 has slightly declined due to 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 maintain shocks in the later period.

Price Trend

According to the sample data monitored by business associations, the average market price of aggregated MDI was 17925 yuan/ton at the beginning of this week and 17875 yuan/ton at the weekend. The price of aggregated MDI fell by 0.28% in a week, 13.86% compared with the same period last year.

II. Market Analysis

Product: The aggregate MDI market has been in a weak state for a week this week. The price has not fallen much, and the overall turnover has been weak and cool. This week, the company’s guided price is stable, limited supply, Wanhua continues to offer a discount; the company’s cost support is strong, the agent’s quotation is high, the profitable price is low, the downstream inventory is high, and the real order follow-up is weak. In the following days, the market quotation was chaotic, there was no lack of low-price hearing, the transaction was unusually cold, and there was not much good news on the market. Near the weekend, the morning market broke the news of the parking of the Basf device in South Korea. After verification, it was rumored that the market price remained stable. Longzhong expects that the good news of market manufacturers will remain scarce next week, waiting for the end of the month for the listing and settlement of the manufacturers, and the manufacturers will follow the market delivery.

On the market side, as of Friday (4.19), South China has gathered MDI to wait and see. The market just needs a small amount of replenishment from downstream customers, and the general atmosphere is cool. Domestic factory news is light, good news is scarce, waiting for manufacturers’policy guidance. Polymerized MDI interval arrangement in East China. Market rumors have somewhat boosted the mindset of the business, just need a small amount of replenishment from downstream customers. However, the domestic factory news is light, and good news is scarce, waiting for manufacturers’policy guidance. Polymerized MDI interval arrangement in North China. Market rumors have somewhat boosted the mindset of the business, just need a small amount of replenishment from downstream customers. However, the domestic factory news is light, and good news is scarce, waiting for manufacturers’policy guidance.

Industry chain: raw materials, pure benzene: East China pure benzene port stock of 239,000 tons this week, a decrease of 0.6 million tons compared with last week. However, the downstream units of East China, such as Styrene in New Japan, Haili in Jiangsu and Shiyou in Yangzhou, can hardly boost the pure benzene Market in terms of demand. Port cargo holders are under great pressure to ship goods. However, the US dollar price of pure benzene is firm, and the price of external market is higher than that of domestic market. Supported by the US dollar price, the price of pure benzene fluctuates narrowly in East China.

3. Future Market Forecast

Business Cooperative Viewpoint: On the positive side, direct supply and demand are better, and enterprises put less into the distribution market; Wanhua maintains a discount supply this week; Ryan has heard nothing about the market this week; and Lianheng began to repair individual devices this week. On the negative side, the follow-up of real orders in the downstream of distribution is slow; foaming agent 141B rises sharply and the cost surface moves, which indirectly affects the demand of terminal for MDI; most downstream stockpiles are in the early stage, and the stock of raw materials needs further digestion. In the future, the good news of manufacturers is still scarce, waiting for the end of the month for the listing and settlement of the manufacturers, the operators will follow the market delivery. Business Association aggregate MDI analysts expect that the short-term aggregate MDI market is dominated by narrow volatility.

Price Trend

The domestic butadiene market has been in a weak downward trend recently. As of April 16, the price of butadiene was 8090 yuan per ton.

II. Analysis of Influencing Factors

Products: Domestic butadiene market is weak downward, although the inventory of Northeast manufacturers is low, but the high price of supply and demand, aggravating the market bearish atmosphere, downstream is not lack of wait-and-see expectations, so the inquiry intention is low. The middleman’s offer intention is not high. The delivery price in Shandong is between 8100 and 8200 yuan/ton. East China refers to 8100 yuan/ton for discussion.

Industry chain: downstream synthetic rubber, Qilu Styrene Butadiene Rubber 1502 price in 11350 yuan / ton, Qilu Shun Butadiene Rubber market price in 11500 yuan / ton, mainstream suppliers increased the supply of butadiene benzene, cis-butadiene, intermediaries quoted higher, but the actual single transaction still needs to wait and see.

3. Future Market Forecast

Although Northeast manufacturers’prices are supported by low inventory, there are abundant spot resources in the market, and the supply of goods in Northeast China is fluctuant. Market news is weak. Butadiene analysts of business associations predict that the domestic butadiene market will maintain a decline in the short term. They suggest that attention should be paid to the transaction guidelines.

Price Trend

According to the data from the business associations’list, the overall price of toluene in China increased this week. At the beginning of the week, the average price of toluene was 5,403 yuan/ton, while on Friday, the average price of toluene was 5,498 yuan/ton, with a weekly increase of 1.74%.

II. Analytical Review

1. Upstream: IEA said the pace of global crude oil demand may slow down. Russia said it had the ability to increase production to ease the supply contraction caused by geographical situation such as Venezuela. International oil prices rose steadily, with spot Brent between $70.82 and $71.585 per barrel. Crude oil outside high support, toluene prices all the way up.

2. Market: FOB Korean toluene reference price also rose from $689 per ton at the beginning of the week to $703 per ton (closing on Friday), while import reference price in East China remained stable at around $708 per ton. Since Tuesday, the toluene price of Sinopec’s subsidiary has been raised by 100 yuan per ton.

3. Downstream: The port is well stocked, and the inventory in East China is around 73,000 tons. The demand of downstream distributors is not high, the market atmosphere was once cold and the wait-and-see atmosphere was strong.

3. Future Market Forecast

The toluene analyst of Business Society Chemical Branch thinks that in the near future, the toluene plant of large factories has entered the period of overhaul one after another, the output has decreased slightly, the international crude oil market is more ideal, while the toluene market is more stable and the market turnover is general, so it is expected that the toluene price will be more stable in the near future.