According to the data of the business club’s block list, as of June 9, the average quotation price of acrylic acid in East China was 10200 yuan / ton, which was flat compared with the previous trading day, flat compared with the price at the beginning of the month, down 1.92% compared with the price on May 9, and 14.04% compared with the same period in three months.

In May, the acrylic acid market rose first and then fell, with a monthly rise and fall of – 0.33%. In June, the acrylic acid market was light and the price was stable. At present, the price of raw material propylene is weak, the cost support is weakened, the demand side gas purchase is general, and the demand side procurement is mainly on demand. Most of the operators hold a wait-and-see mentality, the market trading atmosphere is flat, and the market is mainly stable.

Upstream propylene, as of June 7, Shandong propylene prices temporarily stable. According to the price chart of the business club, after a sharp rise of 150-250 yuan / ton on the 3rd, today’s market consolidation operation, individual enterprises slightly reduced 50 yuan / ton. Now the market turnover has risen to 8050-8150 yuan / ton, and the mainstream price is about 8050 yuan / ton.

According to the acrylic acid analysts of business news agency, at present, the raw material propylene is weak, the overall demand of downstream is average, and the basic market atmosphere is flat. It is expected that the acrylic acid market may be weak and stable in the short term, and more attention should be paid to the rise and fall of raw materials.

According to the data of the bulk list of business agencies, the average price of epichlorohydrin enterprises as of June 8 was 13100 yuan / ton, down 0.76% compared with the price at the beginning of the month, 7.75% lower than that on May 8, and 11.97% year-on-year in three months.

In May, epichlorohydrin market as a whole showed a downward trend, entering the market shock finishing in June. At present, the cost side is strong, but the inquiry and purchase is the main demand for the downstream tour. The actual investment and investment are limited, the transaction is slightly general. The 8-day quotation of the enterprise is mainly stable, the price of individual enterprises is adjusted and the market is stiff.

The upstream propylene price was stable by June 7 in Shandong Province. According to the price map of business agency, after a substantial increase of 150-250 yuan / ton on the 3rd, the market is reorganized and operated today. Some enterprises have slightly reduced 50 yuan / ton, and the current market transaction has risen to 8050-8150 yuan / ton, with the mainstream price of about 8050 yuan / ton.

Downstream epoxy resin, June 8, the liquid epoxy resin in East China was up in the early stage, and the offer was relatively stable today. The main market negotiation offer was 27000-27500 yuan / ton in barrels.

According to the epichlorohydrin analyst of business agency, in the view of comprehensive view, the current cost and demand end game is dominated by on-site observation. It is expected that epichlorohydrin market will be mainly shaken in the short term, and more attention should be paid to market information guidance.

1、 Price trend

According to the monitoring data of the business community, the average price of EPS ordinary material was 11250 yuan / ton at the beginning of this week, and 11150 yuan / ton at the weekend, with a price drop of 0.89% and an increase of 40.03% compared with the same period last year.

2、 Market analysis

Styrene softened slightly, EPS market returned to flat after continuous volume increase, business wait-and-see atmosphere warmed up, overall transaction weakened significantly. The inventory of styrene terminal factory is low, and the merchants enter the market continuously for replenishment. Most EPS factories have a large turnover. However, with the completion of periodic replenishment by the merchants after the middle of the week, the inquiry atmosphere of the merchants weakens and the market returns to be flat.

As of June 3, Jiangsu’s ordinary materials were 11000 yuan / ton, down 200 yuan / ton, or 1.79% on a month on month basis, and its fuel was 11500 yuan / ton, down 200 yuan / ton, or 1.71% on a month on month basis. The main port of East China is expected to have accumulated inventory. In addition, some downstream demand may weaken, and new and overhauled units will soon be in normal production. Under the pressure of increased supply, styrene is expected to be slightly weak next week.

3、 Future forecast

At present, some areas are facing the impact of wheat harvest and power rationing, and the overall construction of the downstream is expected to weaken. It is expected that the market demand will weaken slightly next week, and the EPS market price will weaken slightly.

1、 Trend analysis

According to the nickel price monitoring of the business community, the nickel price rose first and then fell this week. The spot nickel price was 131700 yuan / ton, down 1.37% from 133533.33 yuan / ton at the beginning of the week, down 2.78% from the beginning of the year, up 28.2% year on year. At the beginning of this week, Shanghai nickel mainly opened at 131380 points, then the price rose and fell, closing at 131350 points at the deadline on Friday, with a weekly decline of 0.73%. Lunni closed at US $17910 by Friday’s deadline, down 0.08%.

Downstream stainless steel

According to the stainless steel price monitoring of the business club, the price of stainless steel rose slightly this week. The quotation of spot stainless steel was 131700 yuan / ton, down 1.37% compared with 133533.33 yuan / ton at the beginning of the week, down 2.78% compared with the beginning of the year, up 28.2% year on year.

2、 Market analysis

At the beginning of the week, the US dollar index was weak and nickel prices were relatively strong. Towards the weekend, the US dollar was stronger, and worries about the Fed’s reduction of support intensified, and metal prices were under pressure as a whole. In terms of fundamentals, domestic nickel mines on the supply side are tight, and there is interference in the supply side in the near future. Due to the breakdown of labor negotiations, Vale suspended the operation of nickel mines in Sudbury, Canada. Due to the shortage of power in China, some ferronickel plants shut down for maintenance, and NPI prices rose slightly, but the pressure on the far end of nickel supply side is relatively high. The price of stainless steel in the lower reaches is relatively strong. Due to the shortage of power in southern China, the production of stainless steel is affected. Last week, it was said that three narrow strip steel plants in Guangxi stopped operation due to power failure. Many enterprises in Guangdong received the power restriction notice. Guangdong is one of the main production areas of stainless steel. The above situation will certainly affect the short-term production of stainless steel. Supported by the growth rate of new energy vehicle consumption, nickel sulfate consumption improved. Stainless steel inventory decreased and consumption performed well.

To sum up, the price of stainless steel is strong due to tight power supply restriction, which supports the nickel price. However, in the off-season of demand in June, the nickel price maintains a weak trend, which is mainly affected by macro sentiment.

According to the data monitored by the business society, the comprehensive price of PC market as of June 3 was 27933.33 yuan / ton, and PC was mainly weak and stable in the near future. At present, the market watching atmosphere is strong, the transaction atmosphere is general, and the narrow fluctuation of PC market in the short term remains weak.

PC market is weak in operation, the mentality of trading and investment is rigid, the negotiation center is low, the downstream follow-up is slow, the purchase is required to maintain, the PC market has a strong waiting atmosphere, mainly in the near future, mainly weak shocks, and there is the possibility of continued decline. The upstream BPA price is stable and small, and the price of the carrier is willing to be strong.

On June 2, the rubber and plastic index was 781, up 2 points from yesterday, down 26.32% from 1060 (2012-03-14), the highest point in the cycle, and 47.92% higher than the lowest point of 528 on April 06, 2020（ Note: the cycle refers to December 1, 2011 to present)

PC analysts of business agency think: PC market is under pressure in the short term, and the focus of negotiation is low（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.