According to the monitoring data of business agency, as of March 16, 2022, the average ex factory price of domestic butanone market is 13366 yuan / ton. Compared with March 16 (the ex factory price of butanone is 13166 yuan / ton), the average price is increased by 200 yuan / ton, or 1.52%. Compared with March 1 (the ex factory price of butanone is 12166 yuan / ton), the average price increased by 1200 yuan / ton, an increase of 9.86%.

It can be seen from the data monitoring chart of business society that the domestic butanone market is running upward in a narrow range this week. This week, the overall trading atmosphere of the domestic butanone market was general. Affected by the decline of logistics and crude oil, the downstream goods were prepared carefully, and the mentality of the operators was also affected. However, due to the impact of public health events, butanone shipments slowed down and the spot supply on the site was tight. Therefore, the intention of the factory to support the price remained. On the 15th and 16th of the week, some low-end quotations of butanone continued to rise slightly, The increase range is around 100-200 yuan / ton. As of the 16th, the ex factory price of domestic butanone is around 13000-13500 yuan / ton, and the increase during the week is around 1.5%. At present, there is insufficient downstream gas purchase, the on-site transaction is relatively cold, and the market transmission is deadlocked.

Upstream, on the 15th, the domestic liquefied gas market continued to weaken, and various regions successively reduced the ex factory quotation. The civil gas market in Shandong decreased steadily, with a range of 100-150 yuan / ton. The decline of international crude oil is bad for the market mentality. In addition, the terminal demand is poor, the downstream market entry enthusiasm is limited, the manufacturers’ shipment is general, and the price falls. It is expected that the price may still decline in the short term. According to the data monitoring of business agency, the average price of liquefied gas in Shandong civil market was 6636.00 yuan / ton on March 14 and 6570.00 yuan / ton on March 15, with a single day decline of 0.99%, an increase of 5.19% compared with March 1.

Future analysis of butanone

At present, the transaction of new orders in butanone market is general, the supply is tight and the demand is weak. The butanone datagrapher of business society believes that in the short term, the butanone market is mainly adjusted and operated in a narrow range, and more attention should be paid to the basic changes of butanone supply and demand.

According to the data monitored by the business community, as of March 15, the average price of PMMA of domestic general transparent superior products was 16750.00 yuan / ton this week, which maintained a stable operation. Compared with the same period last week, the price range of mainstream manufacturers remained about 16500 yuan / ton. The price of PMMA mainly maintained a stable operation, the focus of negotiation was stable, and the price range of this week was small.

This week, the average price of domestic general transparent superior PMMA was 16750.00 yuan / ton, and the quotation range of mainstream manufacturers remained about 16500 yuan / ton. Compared with the same period last week, there was no significant change in the price. The price of PMMA was mainly stable, the overall supply and demand was balanced, the purchase was just needed, the focus of negotiation was stable, and the supply and demand was normal.

Rubber and plastic index: on March 14, the rubber and plastic index was 815 points, unchanged from yesterday, down 23.11% from the highest point 1060 points in the cycle (2012-03-14), and up 54.36% from the lowest point 528 points on April 6, 2020. (Note: the period refers to the period from December 1, 2011 to now).

PMMA analysts of business agency believe that the PMMA market is expected to operate weakly and stably in the short term. (to get more information about goods and to grasp the price of commodities, welcome to subscribe to the business community through the official account of the business community, the market is the opportunity).

Domestic cobalt price rose on March 14

According to the data monitoring of business agency, the domestic cobalt price rose and the cobalt market rose on March 14. On March 14, the price of cobalt was 568500 yuan / ton, up 0.71% from 564500 yuan / ton on the previous trading day; The cobalt market rose, and the cobalt price rose slightly.

Key points of analysis

The rise of international cobalt price has slowed down, and the price difference at home and abroad still exists; The consumption of new energy vehicles increased, the sales volume of new energy vehicles decreased month on month, the demand growth rate of cobalt market fell, the output of ternary battery increased year on year, the demand of cobalt market was strong, and the rising power of cobalt market still exists. Cobalt prices rose too fast, and the risk of future decline remains.

Future forecast

The demand is high, the cobalt price rises, the price difference between domestic and foreign cobalt prices still exists, the risk of cobalt price rising too fast and falling still exists, and the cobalt price is expected to rise slightly in the future.

According to the monitoring data of East China, the average price of acetic acid rose by 4880 yuan / ton in November, compared with 428 yuan / week in East China. As of March 11, the market price of acetic acid in various regions rose and fell as follows:

region . March 5th . March 11th . Price rise and fall

South China . 3550-3650 yuan / ton . 4700-4800 yuan / ton . 1150/1150

North China . 3350-3500 yuan / ton . 4550-4650 yuan / ton . 1250/1100

Shandong region . 3400-3500 yuan / ton . 4500-4650 yuan / ton . 1150/1150

Jiangsu region . 3500-3600 yuan / ton . 4650-4750 yuan / ton . 1150/1150

Zhejiang region . 3600-3700 yuan / ton . 4750-4850 yuan / ton . 1150/1150

During the week, the acetic acid market rose strongly, and the manufacturer’s quotation continued to rise sharply. Mainly because the price of acetic acid continued to fall to the cost line in the early stage, downstream traders took goods actively with the bottom reading mentality, the inventory pressure of manufacturers was reduced, and driven by the rising market of raw methanol, the quotation of acetic acid manufacturers rose. The large rise in the bidding price of acetic acid in the main factories in Northwest and Henan during the week was good for the market mentality, the speculation mood of cargo holders was strong, and the price of acetic acid returned rapidly, Increase by about 200-350 yuan / ton in a single day.

Downstream, the market of ethyl acetate rose sharply. On March 11, the price of ethyl acetate in East China was about 8350 yuan / ton, an increase of 7.49% in the week. In terms of commencement, there was little change in ethyl acetate. The main factories remained stable compared with last week, and the downstream of the demand side gradually recovered. In addition, the cost drove the price of ethyl acetate to rise.

According to the acetic acid analysts of business society, the rising trend of acetic acid market continues, and the pressure on enterprise inventory is released under the mentality of buying up but not buying down. Due to the rapid rise in the short term, in the short term, the market situation may be in a stalemate next week. We will wait and see the downstream acceptance of high prices. In the long term, 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 future market will be sorted upward, and attention will be paid to the installation of enterprises.

According to the monitoring data of business society, as of March 10, 2022, the average ex factory price of domestic industrial grade propylene glycol is 15333 yuan / ton. Compared with the price on March 6, 2022 (the ex factory reference price of propylene glycol is 15466 yuan / ton), the average price is reduced by 133 yuan / ton, a decrease of 0.86%.

It can be seen from the data monitoring chart of business agency that this week, the domestic propylene glycol market was weak and operated downward. At the beginning of the week (7th), the trading atmosphere in the propylene glycol yard was cold, the wait-and-see mood in the downstream was heavy, the buying sentiment was weak, and a small number of actual orders were followed up on demand. Affected by the insufficient support at the demand side, the propylene glycol market was weak and operated downward. The propylene glycol factory slightly reduced the ex factory price of propylene glycol by about 100-200 yuan / week, and then in the middle of the week, The domestic propylene glycol market continued to be weak, and the downstream demand was not significantly boosted. On the 10th, the domestic propylene glycol market fell again in a narrow range, and the offer prices of some propylene glycol factories were slightly reduced by about 100-200 yuan / ton. As of the 10th, the ex factory price of domestic propylene glycol was around 15100-15600 yuan / ton, and the overall decline in the week was 0.86%. At present, the trading atmosphere of propylene glycol is general, and the market is weak.

In terms of upstream propylene oxide, in March, the domestic propylene oxide market rose as a whole. In this week, the rise of propylene oxide slowed down. According to the data monitoring of business society, the reference price of propylene oxide was 12400 yuan / ton as of March 9, up 6.59% compared with March 1 (11633.33 yuan / ton).

Future trend analysis

At present, the downstream demand for propylene glycol continues to be weak, and the on-site wait-and-see mood does not decrease. The propylene glycol data division of business society believes that the propylene glycol market will mainly adjust and operate in a narrow range in the short term, and the specific trend needs to pay more attention to the basic changes in supply and demand and the follow-up of new orders.

The latest p-value price of ethylene glycol on March 9 was 5466.67 yuan / ton.

In terms of inventory, as of March 7, the total inventory of ethylene glycol in the main ports of East China was 931000 tons, a decrease of 9700 tons or 1.03% compared with last Monday and 32100 tons or 3.33% compared with last Thursday.

Today, the word “up” remains the main theme of the crude oil market, with strong cost support. New York crude oil futures rose $4.3 to $123.70 a barrel in April, while Brent crude oil futures rose $4.77 to $127.98 a barrel in May. Meg’s external market performance was strong in the afternoon of ethylene glycol today, and the recent cargo negotiation was around us $770 / ton. The operating rate of polyester in the downstream was slightly corrected. Today, the production and sales were generally not high, the inventory pressure could not be effectively released, and the purchasing sentiment in the downstream continued to be weak.

Forecast: cautiously chasing the rise.

On March 8, the domestic cobalt price rose sharply

According to the data monitoring of business agency, the domestic cobalt price rose on March 8, and the cobalt market rose. On March 8, the price of cobalt was 575200 yuan / ton, up 2.06% from 563600 yuan / ton on the previous trading day; The cobalt market rose sharply and the price of cobalt rose.

Key points of analysis

The intensification of the conflict between Russia and Ukraine, the intensification of European sanctions against Russia, and the obstruction of Russian cobalt exports have stimulated the rise of cobalt prices, the rise of international cobalt prices and the increase of price differences at home and abroad; The price of nickel soared in London, the high nickel of ternary battery was limited, the demand for cobalt may rise slightly, the consumption of new energy vehicles increased, the demand growth of cobalt market exceeded expectations, the output of ternary battery increased year-on-year, the sales of mobile phones increased month on month, the demand of cobalt market increased strongly, and the rising power of cobalt market increased. Cobalt prices rose too fast, and the risk of future decline remains.

Future forecast

Demand exceeded expectations, cobalt supply was expected to decrease, and the price of cobalt was expected to rise in the future.

According to the price monitoring of business agency, the domestic PTA market rose sharply on March 7. The average market price in East China was 6482 yuan / ton, up 6.31% from the previous day and 39.82% year-on-year. PTA’s main contract rose by the limit. The main contract 2205 closed at 6466 and settled at 6332, up 366 or 6%.

Crude oil once again set a new high since 2008. On March 4, the settlement price of the main contract of WTI crude oil futures in the United States was US $115.68/barrel, up US $8.01 or 7.4%; The settlement price of the main contract of Brent crude oil futures was US $118.11/barrel, up US $7.65 or 7.9%. Western sanctions blocked Russian oil exports, overshadowing the supply benefits brought by Iran’s return to the international market.

From the perspective of supply and demand, the 350000 ton PTA plant of Yizheng Chemical fiber was overhauled for about 20 days on March 1. The load of 3.3 million T / a PTA unit of Yisheng new material decreased to a lower level in the evening of March 2, and it is planned to start to increase the load on March 7. Chuanneng chemical’s PTA plant with an annual output of 1 million tons was shut down for about one week on March 5. At present, the operating rate of PTA industry is around 74%. The downstream polyester market was pushed up by raw materials. The quotation of mainstream factories in Jiangsu and Zhejiang was increased by 100-200 yuan / ton. The rigid demand of terminal weaving factories was properly followed up and procurement was mainly cautious.

Business analysts believe that the current PTA processing fee is low, the maintenance of PTA devices will increase significantly in the future, and the pressure on the supply side will further decline. In addition, as the continuous rise of crude oil price gives great impetus to the market, PTA cost side support remains strong in the short term, driven by this, PTA price will continue to rise.

DOP prices rebounded and rose this week

According to the data monitoring of the business agency, DOP prices fluctuated and rose this week, and the DOP market picked up. As of March 4, the DOP price was 12450 yuan / ton, up 4.73% from 11887.50 yuan / ton on February 25 last weekend. DOP market rose this week, and DOP price fluctuated and rose.

The price of isooctanol fluctuated and rose this week

According to the price monitoring of the business agency, the domestic isooctanol price rose this week, the crude oil price rose sharply this week, the chemical sector followed, and the isooctanol price rose sharply. As of March 4, the price of isooctanol was 12966.67 yuan / ton, up 5.42% from 12300 yuan / ton on February 25 last weekend. The price of isooctanol rose sharply, the cost of DOP rose, and the driving force of DOP rise increased.

Phthalic anhydride prices rose this week

According to the price monitoring of business society, the price of phthalic anhydride fluctuated and rose this week. As of March 4, the price of phthalic anhydride was 8475 yuan / ton, up 5.12% from 8062.50 yuan / ton on February 25 last weekend. This week, the price of phthalic anhydride rose, the demand for phthalic anhydride rose, the price of DOP raw materials rose, and the cost support increased.

PVC market fluctuated and rose this week

According to the price monitoring of the business agency, the PVC price stopped falling and rose this week, and the PVC market picked up and rose. As of March 4, the price of PVC was 8750 yuan / ton, up 290 yuan / ton or 3.43% from 8460 yuan / ton on February 25 last weekend. The price of PVC rose this week, and the rigid demand for PVC warmed up; DOP market is more favorable.

Future expectations

DOP data analysts of business agency believe that this week, DOP raw material isooctanol rose violently, phthalic anhydride prices rose violently, and DOP costs rose strongly; The price of raw materials rose at a high level, and the upward momentum of DOP increased. In the future, the demand for plasticizers has warmed up, the upward momentum of DOP has increased, and the price of DOP has risen strongly.

Trade name: acrylic acid

Latest price (March 3): 16033.33 yuan / ton

On March 3, the market of acrylic acid in East China was temporarily stable, flat compared with the previous trading day, and increased by 15.90% compared with the price on February 3. At present, the market price of raw propylene is rising, the cost support is strengthened, the maintenance of some units is expected, the downstream demand is gradually restored, and the market is high.

It is expected that the acrylic acid market will run better in the short term.