According to the data of the business club’s block list, as of May 21, the average quotation price of propylene oxide enterprises was 18133.33 yuan / ton, down 2.51% compared with the price at the beginning of the week, down 0.55% compared with April 21, and up 94.29% compared with the same period last year.

This week, the propylene oxide market fell first and then stabilized. At the beginning of the week, the propylene oxide market was weak, and the purchasing attitude of the middle and lower reaches was cautious. With the sharp reduction of the price, the downstream inquiry enthusiasm increased, and the market delivery improved. With the relief of the inventory pressure of the representative factory, the price stopped falling and became stable. At present, the purchasing enthusiasm of the downstream is general, but there is no big pressure on the factory inventory. The supply and demand game, and the market is temporarily stable, On the 21st, the mainstream price of propylene oxide Market in Shandong was around 17800-17900 yuan / ton, and that in East China was around 18000-18200 yuan / ton.

Upstream propylene, as of May 20, Shandong propylene market prices down again. According to the price chart of the business association, the propylene price in Shandong continued to rise in the first ten days of April, fell sharply in the last ten days, and remained stable at the end of the month. During the May Day period, the first two days continued to be stable. From the 3rd to the 7th, the daily price went up by about 50 yuan / ton. From the 9th, the price was mainly stable. After a small rise on the 13th, the price stabilized again. From the 17th, the daily price began to go down by 50 yuan / ton. From the 19th to the 20th, the daily price fell by about 100 yuan / ton. Now, the market transaction is between 8050 yuan / ton and 8300 yuan / ton, and the mainstream price is about 8050 yuan / ton.

The downstream propylene glycol, according to the monitoring data of the business community, as of May 21, the reference ex factory price of domestic industrial grade propylene glycol was 17200 yuan / ton, compared with the reference price of 18066 yuan / ton on May 14, the average price decreased by 866 yuan / ton, down 4.61% on the seventh day; As for downstream soft foam polyether, as of May 21, the market range of soft foam polyether in Shandong was sorted out, the price of raw material propylene oxide was temporarily stable, the downstream inquiry enthusiasm declined, and the market was mainly cautious and wait-and-see. At present, the mainstream quotation of common soft foam polyether in Shandong is around 17950-18100 yuan / ton.

Business community propylene oxide analysts believe that at present, propylene raw material operation is weak, cost support is weakened, market supply and demand game, industry mentality is cautious, it is expected that in the short term, propylene oxide market may be deadlocked finishing operation, more specific trends still need to pay attention to market information guidance.

According to the data of the business club’s block list, as of May 20, the average quotation price of formic acid enterprises was 2733.33 yuan / ton, up 9.33% compared with last Thursday (May 13), up 10.81% compared with April 20, and up 35.54% compared with the same period last year.

Since May, formic acid market has been rising steadily, and the market price has risen again this week. On the supply side, Shandong ASDE Technology Co., Ltd. recently started the operation of 200000 tons of plant, and Nanjing BASF’s start-up load was maintained at about 90%. Rising costs combined with export demand are the main driving factors for the strong market this week.

According to the data monitoring of the business agency, the price of formic acid of some enterprises is summarized (for reference only, the spot price of the merchants is in line with the market, and the actual transaction price of different brands, different specifications and products is mainly negotiated.)

On May 19, the market of upstream caustic soda in Shandong continued to be weak and stable. Now the mainstream ex factory price of 32% caustic soda is 400-490 yuan / ton. The company’s shipment is tepid, the downstream receiving situation is light and stable, and the wait-and-see atmosphere is strong. It is expected that caustic soda will continue to operate with small fluctuation in the future; On May 20, the market of liquid ammonia in Shandong continued to rise; Upstream sulfuric acid, May 20, Shandong sulfuric acid market temporarily stable; The reference price of upstream methanol was 2725.00 on May 19, up 6.45% compared with 2560.00 on May 1.

Business analysts believe that overall, the current cost side has a certain support, and the demand side performance is fair. It is expected that the formic acid market will mainly run at a high level in the short term, and more attention should be paid to the change of raw material prices.

1、 Price trend

According to the business news agency’s block data list, the average price of domestic hips on May 19 was 13933.33 yuan / ton, down 0.48% from the previous day, up 7.79% from the beginning of the month, and up 9.77% from April 1.

2、 Market analysis

On May 19, the styrene market as a whole weakened slightly, driving the price trend of hips market. However, the price fluctuation was not big. The traders gave up profits to ship, the center of gravity moved down, and there was some pressure on sales. At present, the cost support is still in the market, but the demand side is not so good. Most of the downstream companies just need to purchase, and start from bargain hunting. The market transaction atmosphere is not good, and the short-term market is glued to the whole. Up to now, the mainstream price of hips is about 13650-14100 yuan / ton, Guangzhou Petrochemical 660 reference price is 14000 yuan / ton, Zhanjiang Zhongmei 990 reference price is 13700 yuan / ton, Shanghai Secco 622 reference price is 14100 yuan / ton, CITIC Guoan 688 reference price is 13650 yuan / ton, the overall market is stable.

In the international crude oil market, on May 18, the international oil price closed down. The settlement price of the main contract in the US WTI crude oil futures market was US $65.49/barrel, down by US $0.78 or 1.2%. The settlement price of the main contract in Brent crude oil futures market was at US $68.71/barrel, down US $0.75 or 1.1%. On Tuesday, media reported that the United States and Iran had made progress in restarting the Iran nuclear agreement, and the expected increase in supply made the oil price fall.

In terms of raw materials, on May 19, the styrene market as a whole declined slightly. Crude oil fell, while benzene and ethylene fell. Night market styrene weakness falls, has the suppression to the day opening. Although the supply of domestic styrene has increased, the inventory of the spot terminal is low, and the spot supply is tight. In the downstream, the three downstream prices are temporarily stable, and the demand is still low. However, the profit of the factory turns better, the demand for purchasing just needs increases, and the market is short of gas. To sum up, the cost of styrene is well supported. In the short term, the terminal will continue to go to the warehouse, and the inventory will remain low. The volume of tradable trade will be small, and the downstream demand will be temporarily stable. It is expected that the styrene market will still be in the shock consolidation stage after the rapid rise and fall in the short term.

3、 Future forecast

The business community believes that the current weakness of raw materials, coupled with the limited ability to receive goods downstream, and the lack of high price transaction, the hips market has declined slightly, but the cost support is still in place. Therefore, it is not easy for hips to fall deeply. The short-term market is stuck, and the price may decline steadily.

As of May 18, the average price of domestic industrial grade lithium hydroxide enterprises was 86666.67 yuan / ton, up 0.39% compared with last Tuesday (May 11), 7.88% compared with the price at the beginning of the month, and 7.88% compared with April 18, according to the data of business news agency’s block list.

Recently, the overall trend of domestic industrial lithium hydroxide Market is positive, the cost side has a certain support, coupled with the tight spot supply, the demand increment drives the market upward, the enterprise offer is strong, and the focus of market negotiation rises. According to the data monitoring of business news agency, the recent price of lithium hydroxide of some enterprises is summarized as follows: the external quotation of Shanghai Yulun industrial grade lithium hydroxide is 92000 yuan / ton; Zigong tongfarong industrial grade lithium hydroxide quoted price is 85000 yuan / ton; Shanghai oujin industrial quoted 83000 yuan / ton for industrial grade lithium hydroxide and 86000 yuan / ton for battery grade lithium hydroxide. The spot price of the merchants is in line with the market, and the actual transaction price is mainly through negotiation.

According to the data monitoring of business society, the average price of industrial grade lithium carbonate in East China was 87000 yuan / ton as of May 17, which was 0.46% higher than that at the beginning of the month (86600 yuan / ton on May 1). On May 17, the average price of battery grade lithium carbonate in East China was 90800 yuan / ton, which was 0.89% higher than the average price at the beginning of the month (the average price of carbon in East China was 90000 yuan / ton on May 1).

According to the lithium hydroxide analysts of business news agency, in general, the supply and demand of lithium hydroxide Market has strong support in the near future, and the focus of transaction has steadily moved up. It is expected that in the short term, the domestic industrial lithium hydroxide market may be relatively strong, and the specific trend needs to pay more attention to the market information guidance.

1、 Price trend

2、 Market analysis

According to the data of business news agency, the domestic potassium sulfate Market was stable in the second week of May. As of May 17, the average price of domestic potassium sulfate 50 particle samples was 2966.67 yuan / ton, which was the same as that at the beginning of the month, with a year-on-year increase of 6.91%.

The current price position of potassium sulfate is the accumulation of positive market from March to early April. At present, the domestic price of potassium sulfate tends to be stable, and it has been mainly in a horizontal deadlock since May. At present, the plant load of domestic potassium sulfate Mannheim enterprises has been adjusted respectively, and the overall level is the same, and the start-up rate is more than 70%. Shijiazhuang hehe chemical 52% potassium sulfate powder factory reference price of 3050 yuan / ton. Shijiazhuang Haofang chemical 50% potassium sulfate powder factory reference price of 2950 yuan / ton, the manufacturer mainly to meet the early orders. In terms of raw material potassium chloride, the recent market is also relatively stable, and the potassium chloride commodity index of Business Association on May 14 was 80.16. Last week, the actual transaction of potassium chloride market was not good. The main contradiction of the market as a whole is still that supply exceeds demand. It is expected that the potassium chloride market will be mainly consolidated at a high level. However, the improvement of potassium sulfate supply is limited in the near future, and the devices of individual enterprises are about to enter the maintenance stage. In terms of external market, potash market supply is also tight, global demand is still strong, and crop fundamentals are stable. The impact on domestic offer is general, and the arrival volume of port and border trade goods is not much.

3、 Future forecast

Potassium sulfate analysts of business news agency believe that: in the second week of May, the price of potassium chloride and potassium nitrate was stable, and domestic potassium sulfate cost support was strong. The cost side and the outside price act on the market at the same time, and the production and trade traders insist on the offer. At present, the potassium sulfate market atmosphere is not active, and the trading fluency is not ideal. It is expected that the domestic potassium sulfate price will continue to run sideways in the near future.