1、 Price trend

According to commodity data monitoring, isopropanol prices rose this month. At the beginning of the month, the average price of isopropanol in China was 8966.67 yuan / ton, and the average price at the end of the month was 9266.67 yuan / ton, and the price rose in the month, with an increase of 3.35%.

2、 Market analysis

Figure: comparison of the price trend of acetone and isopropanol in February April

Overall, the domestic isopropanol price rose this month. The market price was relatively stable in early April. The price of isopropanol was slightly reduced since April 6. After 10, the inventory of the plant was low. Some factories did not offer foreign prices. The market price of isopropanol began to rise to the end of the month. International side April 27, the United States isopropanol closed down, European isopropanol market closed slightly higher. Up to now, the domestic Shandong isopropanol negotiation interval is about 8900-9200 yuan / ton, and Jiangsu isopropanol negotiation interval is about 9350-9500 yuan / ton. The negotiation interval of isopropanol in Zhejiang is 9200 yuan / ton.

In terms of raw acetone, the focus of domestic acetone market in this month has shifted down. At the beginning of the month, the average domestic acetone price is 8700 yuan / T, and the average price at the end of the month is 8250 yuan / T, and the price in the month falls by 5.17%. With the downward shift of acetone price, the starting rate of isopropanol will be increased in May.

In terms of raw propylene, the market price rose slowly in early April, with the quotation increasing by about 50 yuan / ton on average every day, while the price rose steadily at the beginning of June. The price started on the 16th day rose steadily at the rate of 50 yuan / ton every day, and began to stabilize on the 23rd. The price of the raw propylene decreased by about 50 yuan / ton on the 26th, and the daily decline of about 150 yuan / ton on 27 and 28 days. The current market transaction is between 8150-8700 yuan / ton, The main price is about 8250 yuan / ton. On April 20, the foreign market of American propylene was down again significantly, which may have some influence on the domestic market. The price of propylene in Asia has been stable recently, which has little influence on the propylene market. There is no pressure on the stock of propylene market, and some units are still under maintenance. The supply of goods in Shandong Province is slightly tense.

3、 Post market forecast

According to the analysts of isopropanol, the chemical branch of business society, the focus of domestic isopropanol market is up, the inventory of the factory is low and the price is slightly increased. Traders are more cautious in taking goods, more on-site and on-site, downstream customers mainly purchase on demand, and the market offer of isopropanol has been higher, but the transaction is relatively small. It is expected that the market price of isopropanol will be stabilized temporarily in the short term.

1、 Price trend

According to the price monitoring of the business association, on April 26, the average price of salicylic acid (industrial grade) by mainstream manufacturers was 14500 yuan / ton, up 0.23% from the beginning of the week and 1.16% from the same period last year.

2、 Market analysis

In April, the salicylic acid market rose, but the range was not large. The mainstream manufacturers continued to ship steadily, and most traders adjusted their quotations in a narrow range according to the shipping situation, and the range was below 500 yuan / ton. The price of raw material phenol continued to rise, rising by about 4.45% in the month. The cost support was good, which boosted the market sentiment. At present, the export of salicylic acid is normal, the manufacturers continue to receive new orders, the domestic sales are relatively stable, and the downstream just need to prepare goods before the festival, so the market as a whole is relatively stable. As of April 26, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14500 yuan / ton. The quotations of industrial grade enterprises were mostly in the range of 13000-15500 yuan / ton, the quotations of pharmaceutical grade enterprises were mostly in the range of 23000-25500 yuan / ton, and the quotations of sublimation grade enterprises were mostly in the range of 15000-20000 yuan / ton.

enterprise date Industrial grade Medical grade Sublimation level

MaoYuan chemical April 26th 15000 yuan / ton 24000 yuan / ton 20000 yuan / ton

Dedicated chemical industry April 26th 13000 yuan / ton 25500 yuan / ton 19500 yuan / ton

Xinhualongxin April 26th 15500 yuan / ton 25500 yuan / ton 18500 yuan / ton

Yan Ying chemical April 26th 10000 yuan / ton 23000 yuan / ton 15000 yuan / ton

Diduo chemical April 26th 14000 yuan / ton — 18500 yuan / ton

Chifeng puliter April 26th 12700-12800 yuan / ton — 17200-17300 yuan / ton

Ganzhou MaoYuan Pharmaceutical Co., Ltd April 26th 13000 yuan / ton — – Shandong Runmei April 26th 13600 yuan / ton — – In terms of raw materials, the reference price of phenol was 8920.00 on April 23, up 4.45% compared with 8540.00 on April 1. Last week, the domestic phenol market continued to rise, and the focus of negotiation was firm, with the offer of nearly 9000 yuan / ton. With the arrival of port ships, the price was high, the terminal inquiry was poor, the supplier’s shipment was general, and the focus of negotiation on site was slightly persistent. It is expected that the domestic phenol market will run smoothly.

3、 Future forecast

Salicylic acid analysts of business news agency think: at present, the raw materials continue to rise, the supporting force is acceptable, the export and domestic markets are relatively stable, the manufacturers’ shipment is good, the prices are stable, some enterprises have a narrow rise, the overall market fluctuation is not much, and it is expected that the market will maintain stable operation in the short term.

1、 Price trend

According to the monitoring data of the business community, as of April 25, the average price of refrigerant R22 was 16600 yuan / ton, up 2.05% from the beginning of this week and down 6.92% from the same period last year.

According to the bulk data monitoring of business news agency, as of April 25, the average price of refrigerant R134a was 22600 yuan / ton, which was the same as that at the beginning of this week and increased by 1.19% compared with the same period last year.

2、 Market analysis

This week, the market of refrigerant R22 rose slightly, mainly because the price of chloroform continued to rise to 4100 yuan / ton, with an upward rate of about 9% in the month. The cost support was strong, and the enterprise slightly increased 200-500 yuan / ton, with little action. At present, the starting position of manufacturers is high, and the goods are moving smoothly. The downstream continues to maintain the rigid demand, but there is no large volume, but the focus of trading is gradually moving up. As of the 26th, R22 market quotation was mostly around 15500-16800 yuan / ton, Shandong quotation was about 16000-16500 yuan / ton, Zhejiang quotation was about 15800-16800 yuan / ton, Hunan quotation was about 15500-16000 yuan / ton, Shanghai quotation was about 16000-16500 yuan / ton, and prices in various places rose steadily.

Refrigerant R134a was temporarily stable this week. The price of hydrofluoric acid fluctuates little and the support is acceptable. However, the demand side remains unchanged and continues to be flat. The dealers are cautious in taking the goods and adjust the quotation narrowly according to the shipment situation, with the range of 300-500 yuan / ton. At present, R134a market quotation is mostly in the range of 22000-24000 yuan / ton, Shandong quotation is about 20000-21000 yuan / ton, Zhejiang quotation is about 23000-23800 yuan / ton, Hunan quotation is about 22000-23000 yuan / ton, Jiangsu quotation is about 23000 yuan / ton, Shanghai quotation is about 24000 yuan / ton, and the price changes little.

In terms of raw materials, according to the monitoring of the business community, the price trend of domestic anhydrous hydrofluoric acid was temporarily stable. As of April 23, the market price of hydrofluoric acid was 10622.22 yuan / ton. The market trend in the past two months was relatively stable, with little change. Recently, there is a plan to restart the domestic hydrofluoric acid maintenance device, and the spot supply has increased. In general, the hydrofluoric acid analysts of the business community believe that the market price of hydrofluoric acid is under great pressure, and the later price may face a slight downward pressure.

Trichloromethane, according to the data monitoring of business news agency, the price of trichloromethane was firm this week (4.19-4.23), and stabilized at 4100 yuan / ton on Wednesday. At present, although the price of raw materials is falling and the cost is obviously bad, the inventory pressure of trichloromethane production enterprises in Shandong is not great. In addition, the downstream refrigerants still have just to be supported. According to the methane chloride data of business community, analysts expect that the price of trichloromethane will remain stable in the short term.

3、 Future forecast

Refrigerant analysts of business news agency believe that the current raw material prices continue to rise with good support, but the demand side follow-up is general, and the purchasing enthusiasm is insufficient. Under unilateral support, R22 and R134a are expected to continue to rise, but the upward pressure is large.

On April 19, in response to a reporter’s question, Meng Wei, spokesman of the national development and Reform Commission, said that on the whole, this is the result of multiple factors such as the gradual recovery of the global economy, the short-term adjustment of the relationship between supply and demand, abundant liquidity and investment speculation, which has the characteristics of repair and stage. At the same time, we also see that the recovery of the world economy is still unstable, and there is no overall and trend change in the supply and demand of bulk commodities, so the price does not have the basis for long-term rise.

According to the data monitored by the business society (the average price of SG5 manufactured by calcium carbide method), the mainstream average price of PVC in China on April 25 was 8962.5 yuan / ton, up 3.17% from the beginning of the month and 64.83% from the same period last year.

2、 Market analysis

Since the Spring Festival in 2021, driven by the bull market of chemical bulk commodities, most of the bulk commodity prices have risen, and the domestic PVC market has also shown a rapid rise mode. Since January, it has increased by about 22% in the past five months, with a year-on-year increase of about 65%. In the recent downward trend of PE, PP and other plastic products, it is particularly eye-catching, and it can be said that PVC is now at a historical high, And led to the rise of the industrial chain market.

In April, when the peak season comes, PVC continues to rise, with an increase of about 3% in the month, and the market is good. In April, PVC was boosted by the demand in the peak season, the device maintenance, the external market was good, the market was strong, the raw material was high and so on. As a result, the price of PVC fluctuated higher, and the overall market was up and down, which was more volatile. Since the return of the Qingming Festival, PVC market opened up the rising mode, the center of gravity moved up. Around the middle of the year, the market was weak, and the transaction of high price PVC was blocked, and the downstream transmission was not smooth, resulting in a slight price correction. After a short rest for a few days, PVC continued to rise in the second half of the month, and repeatedly rose above 9000 yuan, returning to a high level. Near the May Day holiday, there are many pre festival goods in the downstream, which have fairly good support. In addition, the price of raw calcium carbide continues to rise, and the inventory of manufacturers is not under pressure. Therefore, PVC is easy to rise but difficult to fall in the short term, and mainly operates at a high level.

Driven by the continuous rise of PVC, the price of PVC middle and downstream industry chain has also been increased to varying degrees to ease the cost pressure. However, the rising speed of raw materials is faster than the increase of profits of downstream enterprises. In the first quarter, some enterprises lost money in production, so they have strong resistance, only maintain the purchase of just need, and lack of inquiry enthusiasm. In April, driven by infrastructure construction, the rigid demand for glass, cement and other products, including PVC, increased, and the building materials industry entered the peak consumption season. The starting load of PVC downstream profiles, pipes, membrane materials and other products enterprises gradually increased, new orders increased, and the social inventory was lower than that of the same period last year, indicating that the demand was still good, and the upward support for PVC prices was gradually strengthened.

region varieties technology April 25 remarks

East China PVC Calcium carbide process 9080-9150 yuan / ton Delivery

south China PVC Calcium carbide process 9000-9150 yuan / ton Delivery

North China PVC Calcium carbide process 8960-9050 yuan / ton To

southwest PVC Calcium carbide process 8900-9000 yuan / ton To

In terms of spot price, the main quotation range of pvc5 calcium carbide in China is around 8700-9100. In Hangzhou area, the pvc5 calcium carbide interval is 9000-9200 yuan / ton; The main stream of pvc5 calcium carbide in Changzhou area is 9050-9150 yuan / ton; The mainstream price of PVC ordinary calcium carbide in Guangzhou is 9000-9150 yuan / ton; Prices have risen in various markets.

Futures rose strongly to above 9000 yuan, driving the trend of spot price. On April 25, the market was closed. On April 23, v2109 contract opened at 8925 with the highest price of 9050 and the lowest price of 8855, closing at 9040, up 2.84%. The turnover was 445000, the position was 457600, and the position was increased by 46700.

International crude oil. On April 23, international oil prices rebounded. The settlement price of the main contract in the U.S. WTI crude oil futures market was 61.83 US dollars / barrel, up 0.40 US dollars or 0.65%. The settlement price of the main contract in Brent crude oil futures market was at US $66.11/barrel, up US $0.71 or 1.1%, mainly due to the favorable economic data of the United States and Europe, and the prospect of economic recovery. However, the concerns caused by the surge of new cases in India and Japan Limited the rise of oil prices.

Ethylene, April 23, European ethylene market quotation, FD northwest Europe quotation 1350-1363 US dollars / ton, up 2 US dollars / ton, CIF northwest Europe quotation 1257-1268 US dollars / ton, up 8 US dollars / ton, April 23, American ethylene market quotation, FD American Gulf quotation 1112-1124 US dollars / ton, recent American ethylene market quotation is stable, demand is poor, April 23, Asian ethylene market quotation, CFR Northeast Asia offers us $1102-1110 / T, CFR Southeast Asia offers us $1047-1055 / T, and the price is mainly stable. Affected by the price rise of upstream crude oil, the ethylene market may mainly rise in the future.

On April 23, the ex factory price of calcium carbide in Northwest China rose, with the reference price of 4183.33 yuan / ton, up 2.87% compared with that at the beginning of the week. The price of raw material orchid charcoal was low and the cost of calcium carbide was generally supported. PVC market in the lower reaches of the recent high consolidation, maintenance completed, downstream customers on calcium carbide procurement enthusiasm in general. Calcium carbide rose slightly in the future/ p>

3、 Future forecast

According to PVC analysts of business news agency, PVC market continued to rise in April, demand expectation was better in peak season, futures prices rose strongly, driving the trend of spot. In addition, there were many stock preparation operations in the downstream before holidays, manufacturers had no pressure on inventory, and raw material calcium carbide prices continued to rise. Therefore, PVC is easy to rise in the short term, but difficult to fall. High level operation is the main reason. In the medium and long term, we should also pay attention to macro news and demand guidance, Beware of callbacks.

According to the data monitoring of business news agency, the domestic cis-1,4-polybutadiene rubber market continued to decline during the week (4.19-4.23). The price was 12660 yuan / ton at the beginning of the week and 12360 yuan / ton at the end of the week, with an overall decline of 2.37%.

This week (4.19-4.23), the domestic cis-1,4-polybutadiene rubber market declined, and the ex factory price of cis-1,4-polybutadiene rubber of individual manufacturers decreased. According to the monitoring of business society, as of April 23, the ex warehouse price of Daqing cis-1,4-polybutadiene rubber of PetroChina Northeast sales company was 12500 yuan / ton; The price of cis-1,4-polybutadiene rubber of PetroChina Northwest sales company was reduced by 300 yuan / ton: the price of cis-1,4-polybutadiene rubber in Dushanzi was increased by 12250 yuan / ton, and the price of cis-1,4-polybutadiene rubber in Northwest warehouse was increased.

The supply side is mainly stable. According to the business news agency, the Shunding units in Maoming and Yangzi continued to shut down. The 150000 T / a Shunding units in Zhongshan and Yanshan started to shut down for about 40 days in early April, and the units in Jinzhou and Dushanzi were in normal operation.

Raw material prices fell slightly, and the cost side was still relatively short. According to the monitoring of business news agency, as of April 23, the price of butadiene was 6637 yuan / ton, down 0.88% from 6696 yuan / ton at the beginning of the week.

Since the end of February, the price of natural rubber has been falling all the way. Considering the cost, the downstream tire enterprises purchase more from natural rubber, and the demand for cis-1,4-polybutadiene rubber is under pressure. According to the monitoring of business news agency, as of April 23, the domestic natural rubber price was 13437 yuan / ton, 17.50% lower than the highest point of 16287 yuan / ton at the end of February, and 5.39% higher than the lowest point of 12750 yuan / ton since April.

Future forecast: business community analysts believe that the price of natural rubber and butadiene is lower and has a strong negative effect on cis-1,4-polybutadiene, but the price of natural rubber rebounds this week. If natural rubber stabilizes in the later stage, it is expected that the price of cis-1,4-polybutadiene rubber will stop falling and stabilize in the short term; If the price of natural rubber rebounds weakly, cis-1,4-polybutadiene rubber will continue to be weak.