The latest p-value price of ethylene glycol on March 17 was 5133.33 yuan / ton.

The ethylene glycol market is weak and declining today. Crude oil futures prices rose sharply yesterday, hitting the highest settlement price in nearly two weeks. EU foreign ministers considering sanctions on Russia’s energy industry may lead to further tightening of supply. The high-level range of upstream crude oil jumps repeatedly, and the bottom support of ethylene glycol is obvious. In the afternoon of ethylene glycol, the center of gravity of MEG outer offer decreased. Recently, the ship offer fell to within 690, and the offer was around 675. There were obvious differences between the buyer and the seller. At present, the port inventory remains high. As of March 21, the total inventory of ethylene glycol in the main port of East China was 949500 tons, a decrease of 8100 tons or 0.85% compared with last Monday and 6600 tons or 0.69% compared with last Thursday. The downstream textile demand continues to be low, the production and sales of polyester are general, and the downstream purchase demand is relatively soft.

Forecast: bottom range shock.

Trade name: acetic acid

Latest price (March 21): 4920 yuan / ton

Key points of analysis: today’s acetic acid price market continues to wait and see, sorting and operation. The average market price in East China has increased by 0.41% in a single day. Affected by the epidemic situation in various regions, logistics and transportation are blocked, the downstream purchase demand is weakened, and rationality just needs to be followed up. However, there are market news release, and there may be factory shutdown and maintenance in the near future. The operator’s mentality is optimistic, and the overall market is mainly wait and see.

Future forecast: the short-term acetic acid market is in a stalemate or rises slightly. Pay attention to the market supply.

1、 Trend analysis

According to the nickel price monitoring of the business society, the nickel price rose first and then fell this week. As of March 18, the spot nickel price was 222766.67 yuan / ton, down 0.29% from 223416.67 yuan / ton at the beginning of the week and up 80.74% year-on-year.

Nickel weekly rise and fall chart

According to the weekly rise and fall chart of business society, in the past 12 weeks, the nickel price has increased by 9, fell by 2 and leveled by 1. Recently, the nickel price has operated strongly.

Nickel industry chain

Supply and demand: at present, the uncertainty of the macro situation is still strong, superimposing the 25 basis points of interest rate increase by the Federal Reserve on schedule, which has an intensified impact on the trend of nickel price. LME nickel resumed trading and continued to fall by the limit. In view of the price difference between domestic and foreign nickel markets, lunni still has some room for decline in a short time. However, at present, the global refined nickel inventory continues to decline and maintain a very low level, which has strong support for nickel price.

To sum up: nickel industry chain enterprises have a strong wait-and-see mood and do not purchase much. The short-term nickel price trend may maintain a wide shock trend.

On March 17, the rare earth index was 955 points, down 9 points from yesterday, down 5.16% from 1007 points (2022-02-24), the highest point in the cycle, and up 252.40% from 271 points, the lowest point on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now)

The trend of domestic rare earth index declined, the price trend of domestic light rare earth praseodymium neodymium series fell, the price of praseodymium neodymium oxide fell by 10000 yuan / ton to 1025000 yuan / ton, the price of praseodymium neodymium metal fell by 10000 yuan / ton to 1275000 yuan / ton, the price of praseodymium oxide fell by 1055000 yuan / ton, the price of neodymium oxide fell by 20000 yuan / ton to 1130000 yuan / ton, the price of metal praseodymium fell by 20000 yuan / ton to 1365000 yuan / ton, and the price of metal neodymium fell by 20000 yuan / ton to 1390000 yuan / ton, The price of dysprosium oxide fell by 10000 yuan / ton to 2.96 million yuan / ton, the price of dysprosium ferroalloy fell by 10000 yuan / ton to 2.95 million yuan / ton, the price of metal dysprosium fell by 20000 yuan / ton to 3.875 million yuan / ton, the price trend of domestic light rare earth market fell, the recent procurement was general, the price of dysprosium Series in domestic heavy rare earth market fell, the price of terbium series fell, and the downstream procurement was mainly on demand. Myanmar banned exports. It is expected that the price of domestic rare earth market will decline in the later stage.

Trade name: PET

Latest price (March 16): 8320.00 yuan / ton

As of March 16, the average price of pet water bottle manufacturers was 8320 yuan / ton. The pet market fell narrowly, and the overall market trend was weak. Compared with the previous day, the price fell by 3.03%. The focus of negotiation was low. At present, the supply side is normal, the downstream enthusiasm is general, the demand is poor, and the purchase is just needed.

Future forecast: the pet market is expected to be stable and weak in the short term.