1、 Price trend

According to the bulk data monitoring of business agency, as of April 28, the average price of refrigerant R22 was 17666.67 yuan / ton, which was the same as that at the beginning of the week, up 6.43% compared with the same period last year

According to the bulk data monitoring of business agency, as of April 28, the average price of refrigerant R134a was 24166.67 yuan / ton, which was the same as that at the beginning of the week, up 6.93% compared with the same period last year

2、 Market analysis

The refrigerant R22 market was temporarily stable this week, and the enterprise quotation was generally stable. The price of raw material hydrofluoric acid is temporarily stable, the price of chloroform is down, and the support of cost is weakened. In addition, the market supply has increased after the maintenance of Dongyue chemical industry, and the terminal demand is general. The offer of R22 enterprise is stable and weakening, with signs of downward adjustment. At present, the R22 market quotation is mostly in the range of 17500-18000 yuan / ton, about 17500-18000 yuan / ton in Shandong, about 17500-18000 yuan / ton in Zhejiang, about 17500-18000 yuan / ton in Hunan and about 18000 yuan / ton in Guangzhou.

The refrigerant R134a market fell this week, and the enterprise quotation fell significantly compared with last week, with the price as low as 22000 yuan / ton, and the focus shifted downward. The price of raw material hydrofluoric acid was temporarily stable, the price of trichloroethylene fell to around 8000 yuan, the cost support fell, and the market transaction was still flat. Enterprises mainly reduced prices and arranged warehouses, and the actual transaction was lower than the offer. At present, the market quotation of R134a is mostly in the range of 22000-26000 yuan / ton, about 23000-24500 yuan / ton in Zhejiang, about 22000-22500 yuan / ton in Hunan and about 24000 yuan / ton in Guangzhou.

In terms of raw materials, on April 28, 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 increased slightly, and the recent slight rise of fluorite price had a certain supporting impact on the hydrofluoric acid market. In addition, the operating rate of downstream refrigerant industry was still at a low level, the actual demand was at a low level, and the procurement of hydrofluoric acid was limited, Recently, the refrigerant price has decreased slightly, but the hydrofluoric acid unit has operated stably recently. It is expected that the market price of hydrofluoric acid may remain stable.

3、 Future forecast

Refrigerant analysts of business society believe that under the current situation of reduced raw materials, weak demand and weak cost demand, R22 prices have fallen steadily, medium and small, and R134a inventory pressure is large, which is still dominated by price reduction and inventory arrangement.

In April, the domestic EVA market trend was strong and the price continued to rise. According to the data monitoring of the business agency, the average ex factory price of domestic EVA was 20933.33 yuan / ton on April 1 and 23166.67 yuan / ton on April 27. The increase rate in April was 10.67%, 28.70% higher than that on January 1.

As of April 27, the ex factory quotation of EVA is as follows:

Products, manufactor., model., Ex factory price

EVA., Yanshan Petrochemical, 18J3., 22000 yuan / ton

EVA., Beijing Organic, Y2022., 22500 yuan / ton

EVA., BASF Yangzi, V5110J., 25000 yuan / ton

In April, the domestic EVA market continued the rise in March, and the price was strong and upward, with an obvious increase. During the month, the market was dominated by favorable factors. First, the demand for downstream photovoltaic materials was good, the supply of petrochemical enterprises was difficult to change, the market maintained a tight supply situation, and the ex factory price of petrochemical enterprises led the rise in stages, which significantly boosted the market. In addition, the rise in the price of goods from auction during the month also brought certain benefits to the market. Although the international crude oil fluctuated and fell during the month, the price is still at a high level, bringing relative support to the cost. However, there are still negative factors, weak terminal demand, obvious resistance to high prices in the downstream, cautious attitude, low enthusiasm for entering the market, and limited overall trading atmosphere in the market, which has brought some restraint to the rising market.

On the whole, there were obvious positive factors in the market in April, which continued the rise in March, and the price continued to rise. In terms of current costs, the rebound of international crude oil prices and the relative high level have brought some support. The supply of petrochemical enterprises has not changed much, and the EVA spot market remains tight. However, the downstream demand is general, and the trading atmosphere is weak. The EVA market is expected to rise steadily in May.

Commodity market: according to the data monitoring of business society, on April 26, the mainstream quotation of polyacrylamide (CPAM, cation, molecular weight of 12 million, 10-30 ionic degree) in China’s domestic market was about 15942.86 yuan / ton, up 3.3% year-on-year, and the recent market has remained stable.

Key point analysis: at present, the production of enterprises is relatively 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 has remained stable.

The current market of raw material acrylonitrile is temporarily stable. The main market report is about 11500-11560 yuan / ton. The downstream demand is weak, and the market offer is slightly lower. It is expected that the price of acrylonitrile will be mainly adjusted by shock in the later stage.

The market of raw acrylic acid increased this week. On April 26, the quotation of acrylic acid in East China was about 14333.33 yuan / ton. Recently, the raw material market has remained stable, the cost support is OK, the manufacturer’s equipment has been shut down for maintenance, the market supply has decreased, the downstream demand has improved, the enterprise sales have not been pressured, the market trading atmosphere has improved, and the acrylic acid market may operate firmly under the support of supply and demand.

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 market stock was sufficient, and the demand and transaction slowed down. It is expected that the polyacrylamide market will remain stable in the future, supplemented by small fluctuations.

According to the monitoring data of business agency, the domestic market of polyaluminium chloride decreased slightly from April 18 to 24, and the domestic mainstream quotation of solid (industrial grade, content ≥ 28%) polyaluminum chloride decreased from 2348.75 yuan / ton to 2321.25 yuan / ton, a decrease of 1.17%. At present, the manufacturer’s production is normal, the spot inventory is relatively sufficient, public health events affect the transportation and circulation of goods, delivery is difficult, the cost increases, and the transaction is not easy.

Industrial chain: in terms of upstream raw materials, according to the monitoring data of hydrochloric acid: business society, the domestic hydrochloric acid market price first fell and then rose in the week from April 18 to 24, and the quotation fluctuated around 300 yuan / ton, with a year-on-year increase of 36.76%. From the manufacturer’s quotation, the domestic hydrochloric acid market price was temporarily stable in that week; The upstream liquid chlorine market rose slightly, which strengthened the support for hydrochloric acid. The downstream market rose and fell with each other. The downstream products had general enthusiasm for purchasing hydrochloric acid, had a negative impact on the price of hydrochloric acid, and had a good willingness to purchase. The analysis showed that the short-term fluctuation and rise of hydrochloric acid in the future market were the main.

Liquefied natural gas is used in the production process. According to the data monitoring of business agency, the average price of domestic LNG on April 24 was 6980 yuan / ton, up 176 yuan / ton or 2.59% from 6840 yuan / ton at the beginning of the week, up 125.89% from the same period last year. At the beginning of the week, with the improvement of local logistics and transportation, the shipping atmosphere of liquid plants improved, and the price continued to rise above 7000 yuan, close to the cost line. However, the rise continued for a short time. Affected by negative factors such as the decline of inlet gas price, the weakening of off-season demand and the reduction of feed gas price, the domestic gas fell steadily in the middle and late weeks of the week, and the price of imported gas also fell; At present, the demand is declining, the domestic liquid price is declining steadily, and there is only one week left from the May Day holiday. The shipment psychology of the liquid factory is obvious, and there is still downward expectation.

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. This month, the raw material cost fluctuated and decreased. In the case of no shortage of goods and slow turnover, it is expected that the short-term polyaluminium chloride market is slightly weak, supplemented by fluctuations.

According to the data of business agency, as of April 24, the average price of domestic fuel oil 180CST was 6320.00 yuan / ton (including tax), which was stable compared with the price on April 18.

On April 24, the fuel oil commodity index was 128.00, unchanged from yesterday, down 2.32% from the highest point 131.04 in the cycle (2022-03-24), and up 177.78% from the lowest point 46.08 on August 15, 2016. (Note: the period refers to the period from September 1, 2011 to now)

The international crude oil price fluctuated at a high level, and the high price of domestic marine oil raw materials supported the cost of fuel oil 180CST. According to the business news agency, as of April 24, the self raised low sulfur quotation of 180 CST fuel oil in Zhoushan area was 6300 yuan / ton, and the self raised low sulfur quotation of 120 CST fuel oil was 6400 yuan / ton; The quotation of 180 CST self extracting low sulfur fuel oil in Shanghai is 6350 yuan / ton, and the quotation of 120 CST self extracting low sulfur fuel oil is 6450 yuan / ton.

The international crude oil price fluctuates, the market is intertwined, the global economic recovery slows down, the Fed’s interest rate hike is expected to rise, and the domestic epidemic suppresses demand, so the oil price is under pressure. On the other hand, the EU is considering imposing an oil ban on Russia, tightening supply expectations, limiting the decline in oil prices, and the recent crude oil price range has fluctuated.

Singapore’s increased fuel stocks have limited support for fuel oil prices. It is understood that the Singapore enterprise development authority (ESG): as of the week of April 20, Singapore’s fuel oil inventory increased by 3.512 million barrels to a more than one month high of 23.103000 barrels; Singapore’s medium distillate oil inventory increased by 1.408 million barrels to a more than four month high of 9.023 million barrels; Singapore’s light distillate inventories increased by 1.922 million barrels to a three week high of 12.998 million barrels.

Future forecast: the international crude oil price fluctuates, and the cost of ship fuel market is high. Affected by the epidemic, the transportation of ship fuel market is blocked, the market is just in need, and the wait-and-see mood is strong. At present, the market price of fuel oil 180CST low sulfur is about 6300 yuan / ton, and the market price of fuel oil 120cst low sulfur is about 6400 yuan / ton. It is expected that the fuel oil 180CST market may be dominated by consolidation in the near future.

According to the price monitoring of business agency, the domestic PTA market rose slightly today (April 21), with the average market price of 6310 yuan / ton, up 0.75% from the previous trading day and 35.98% year-on-year. PTA futures 2209 closed at 6228, up 50, or 0.81%.

PTA spot circulation is not much, the industry started below 70%, and today’s intraday rebound in crude oil prices strengthened PTA cost support and boosted PTA market. However, due to negative factors such as low startup rate of loom in the terminal industrial chain and large logistics uncertainty, the operating load of polyester factory is low and the demand side is not prosperous, which is a drag on PTA.

Business analysts believe that in the future, the boosting effect of PTA device maintenance on the market will be weakened, and it is difficult for the demand side to rebound in real terms in the short term. At the same time, the crude oil shock adjustment is weak, the cost support is limited, and the PTA price is expected to decline slightly.

Market analysis

Today, the price of metal silicon was weak and consolidated. After more than one month’s concession, the low price transaction in the market has warmed up. According to the price monitoring of business society, the average price of domestic metal silicon market on the 20th was 20880 yuan / ton.

The news of RRR reduction at the policy end also stimulated the market flow to a certain extent. Polysilicon is relatively strong, but the demand of silicone and aluminum alloy industry is general. With the continuous fermentation of the epidemic, the downstream demand continues to be suppressed. The overseas demand for metallic silicon is also limited. According to the latest data of metallic silicon export customs, the total amount in March was 71777.27 tons, an increase of 62.08% month on month and a year-on-year decrease of 10.70%. Affected by the international situation, some overseas end customers reduced production and production, greatly reducing the demand for raw metallic silicon.

Business analysts believe that the current macro positive landing has boosted some rigid demand, but the epidemic continues to curb demand, and metal silicon is expected to maintain a weak shock in the short term.

Magnesium ingot price list

 
Market analysis

According to the data monitoring of business agency, 99.9% of the factory price including tax in mainstream areas was 36333.33 yuan / ton on the 19th. At the beginning of the new week, magnesium ingots had fallen by 6.03%. The magnesium market was shrouded in bad news, and magnesium merchants were forced to reduce their quotation under pressure.

From the perspective of demand, the price of magnesium ingots has fallen rapidly recently. Under the psychology of buying up but not buying down, most downstream customers wait-and-see prices. In addition, the epidemic impact prevention and control has been tightened, and the overall market transaction atmosphere is slightly general. From the perspective of supply, magnesium plants have always maintained normal operation. With the accumulation of new production and the unfinished inventory in the early stage, magnesium plants are facing the dilemma of oversupply. In order to reduce the inventory pressure, many magnesium plants actively ship and reduce the quotation all the way.

Business analysts believe that considering that the market supply is greater than the demand, the magnesium market is under pressure.

According to the data of the bulk list of the business society, the market price of glycol fell on Tuesday. On April 11, the average price of diethylene glycol in the domestic market was 5000 yuan / ton, and on April 18, the average price of diethylene glycol in the domestic market was 4925 yuan / ton. Glycol prices fell 1.50% on Tuesday.

Glycol prices fell on Tuesday. At present, the mainstream inventory is about 70000 tons. Affected by the epidemic, the transportation in Jiangsu, Zhejiang and Shanghai has been seriously blocked. Diethylene glycol shipments decreased and inventories increased. The operating rate of UPR in the downstream of diethylene glycol is about 23%, up from last week. As of April 18, the domestic market quotation in East China is about 4900 yuan / ton.

At present, the trend of international crude oil is acceptable and the cost support is good. Affected by the domestic epidemic this week, the logistics and transportation are limited, and the supply of diethylene glycol is reduced. The diethylene glycol analyst of business society believes that there is a large inventory of diethylene glycol at present, and it is expected that the diethylene glycol market will fluctuate and fall in the short term.

Price trend of domestic sodium pyrosulfite

According to the monitoring of business agency, the price of domestic sodium pyrosulfite remained stable this week. The average price of industrial grade sodium pyrosulfite was 2800.00 yuan / ton at the beginning of the week and 2800.00 yuan / ton at the end of the week.

In the middle of April, the domestic market price of sodium pyrosulfite remained stable as a whole. The factory price of manufacturers this week was between 2600-3100 yuan / ton, and most quotations were near 2700 yuan / ton. The inventory of the enterprise is about 30%, mainly to complete the orders of old customers. (the above prices refer to the external quotations of domestic mainstream enterprises, and some unreported enterprises are not within their scope temporarily. The prices are for reference only and have nothing to do with the final pricing of manufacturers. Please contact manufacturers for details).

Since the beginning of April, the price of domestic soda ash has increased slightly, with an overall increase of 0.97%, and the price of domestic sulfur has increased by 4.63%. The raw material cost has become stronger and higher, which will further support the market price of sodium metabisulfite in the future.

Business analysts believe that the market supply and demand is stable, and the domestic market price of sodium pyrosulfite will continue to move forward steadily in the short term.