1、 Price trend

According to the monitoring data of the business association, as of April 21, the average market price of organosilicon DMC in several main stream areas monitored by the data was around 14600 yuan / ton. Compared with the average market price of 15400 yuan / ton after the Qingming Festival of this month (April 7), it decreased by about 800 yuan / ton, nearly 5.20%; compared with the average market price of 15200 yuan / ton at the beginning of the month (April 1), it decreased by 600 yuan / ton About RMB / ton, down 3.8%.

2、 Market analysis

Products: in April, the market of organosilicon DMC didn’t start to improve significantly. In the early days of the month, the market was still in a weak position. The manufacturer’s heart of price increase was in full expression. From the low price in the early stage to the inventory, the goods were still available, the orders increased, and the inventory decreased. After the Qingming Festival, some manufacturers increased the ex factory quotation of organosilicon DMC. On April 7, the data monitoring showed that the market reference average price was 15400 yuan / ton at that time It is the highest reference price of this month, among which, Shandong Luxi Chemical DMC adjusted the external offer price to 15200 yuan / ton, 800 yuan higher than the lowest price in March (reference price: 14400 yuan / ton). However, the demand of the terminal market is still insufficient, and the downstream wait-and-see mentality is relatively heavy. In order to ship, single enterprises can only play games in both inventory and price, maintaining the momentum of price increase for several days and falling again. Some single factories began to reduce the load and production, and many other factories lowered the factory price of organic silicon DMC again. On the 13th, the market reference average price was 14933 yuan / ton, which was 470 yuan / ton lower than that on the 7th Right. At present, the market falls again and again. As of April 21, the main reference quotation of data monitoring organosilicon DMC market is around 14500-15500 yuan / ton, and some low-end quotations are around 14200 yuan / ton. It is heard that several monomer manufacturers have plans to start parking or production reduction in late April, and the overall market is expected to reduce production by about 20%.

Industry chain: upstream metal silicon Market: at present, export transactions are light, foreign trade is weak, and spot trade of port traders is relatively light; domestic trade and investment are relatively good, but based on the weak market of downstream products, the market has a low willingness to store goods, and the willingness to reduce prices is rising. On the 21st, the price of silicon in Shanghai metal market remained stable, with the current price range of 11300-11500 yuan / ton and the average price of 11400 yuan / ton; the market price of silicon in Tianjin and Hong Kong remained stable, with the current price range of 10800-10900 yuan / ton and the average market price of 10850 yuan / ton; the market price of silicon in Fujian Province remained stable, with the current price range of 10400-10600 yuan / ton and the average market price of 10500 yuan / ton. It is predicted that the short-term operation of silicon metal will be weak.

3、 Future forecast

Business analysts believe that it is expected that the price of organosilicon DMC market will rise slightly in the end of April under the active regulation and control, and the overall market will mainly recover in a stable and small way.

1、 Price trend

According to the data monitoring of the business agency, since the end of March, zinc prices have risen in shock. In April, the zinc market continued to pick up in March, and the zinc price rose steadily. As of April 20, the spot price of zinc was 16430.00 yuan / ton, up 5.84% from 15523.33 yuan / ton at the beginning of April. Zinc market recovered and zinc price rose in shock.

2、 Market trend analysis

Zinc stock

Time        weekly inventory    increase / decrease

Subtotal futures      subtotal futures

4.13-4.17 146966 79668 -6352 -4315

4.6-4.10 153318 83983 -4821 -2680

3.30-4.3 158139 86663 -1867 -2339

3.23-3.27 160006 89002 -8319 -5008

3.16-3.20 168325 94010 -1586 7125

3.9-3.13 169911 86885 7509 -1202

3.2-3.6 162402 88087 2391 1999

It can be seen from the figure that since the end of March, the weekly inventory of zinc ingots in Shanghai futures market has continued to decline, and the oversupply of zinc market has been alleviated to a certain extent. The demand of zinc city has gradually recovered. Good for zinc market.

3、 Future prospects

Bai Jiaxin, an analyst of business association, believes that since March, domestic enterprises have started construction one after another, and downstream enterprises in zinc city have started to increase. The demand for zinc ingots has increased, zinc market has recovered, and zinc market has sufficient momentum to rise. The market zinc ingot inventory continued to decline. In the short term, the demand rise exceeded the supply, and the oversupply was relieved. On the whole, the demand of zinc market has recovered, the stock of zinc market has declined, and the oversupply of zinc market has been alleviated. Zinc prices have some upward momentum.

1、 Price data:

According to the data monitoring of the business club’s bulk list, this week’s domestic bromine market was in a stable state. At the beginning of the week, the average factory price of bromine was about 30000 yuan / ton, and at the end of the week, it was about 30055 yuan / ton, slightly up 0.19% in the week, down 14.02% from the same period last year.

2、 Cause analysis

Products: at present, the operation rate of domestic bromine production enterprises has increased slightly, and the overall operation rate of the market is nearly 50%. After long-term consumption, the inventory of enterprises has reached a low level, and the market supply is still relatively stable. Due to international health events, the import of bromine has declined, and the downstream market is relatively slow to resume work, which is just in need. At present, the quotation of mainstream enterprises is about 29500-30000 yuan / ton.

Industry chain: the upstream market of bromine tends to decline this week, among which the sulfur market is down by 4.26%, at present about 600 yuan / ton; the sulfuric acid market is down by 14.5%, at present 285 yuan / ton; the caustic soda market is stable in operation within the week, at present about 530 yuan / ton; the soda market is down by 5.33%, at present about 1480 yuan / ton. The main downstream flame retardants market of bromine starts generally, and the purchase of rigid demand is the main industry. The start-up recovery of pharmaceutical and pesticide intermediates and other industries is relatively slow, and the overall rigid demand is relatively soft.

3、 Future forecast

According to the bromine industry analysts of business association, with the gradual recovery of bromine market, the spot in the industry will be greatly improved, but the overall output is still lower than the normal level in previous years. Due to the impact of foreign epidemic, the imported bromine will be significantly reduced, but the downstream market is still slow to resume work, and the demand for bromine is much rigid, which is expected to be stable and strong in a short time.

1、 Price trend

According to the price monitoring of the business agency, the ex factory price of urea in Shandong is temporarily stable this week, with the quotation of 1713.33 yuan / ton, down 16.12% year on year. On the whole, the urea market is stable this week, with the urea commodity index of 79.69 on April 10.

2、 Market analysis

Products: this week, the main urea factory prices in Shandong have risen and fallen. The quotation of Yangmei plain urea this week is 1700 yuan / ton, which is temporarily stable; Shandong Ruixing urea this weekend is 1690 yuan / ton, which is 10 yuan / ton lower than that at the beginning of the week; Mingshui chemical urea this weekend is 1750 yuan / ton, which is 10 yuan / ton higher than that at the beginning of the week.

Market demand: the agricultural demand is relatively low, and some areas need to make up for the shortage; as soon as the industrial demand is met, the production load of the rubber plate factory and the compound fertilizer enterprise is acceptable, follow up and make up the order as required. Supply side: at present, some urea plants are under maintenance or short-term shutdown, and the spot market supply is slightly tight. The short-term urea market is expected to rise slightly.

Industry chain: the overall price of upstream products this week seems to have increased: the price of natural gas rose slightly, with the quotation rising from 3053.33 yuan / ton at the beginning of the week to 3280.00 yuan / ton at the end of the week, up 7.42%, down 11.91% compared with the same period last year; the price of liquid ammonia this week is temporarily stable, with the quotation of 3216.67 yuan / ton, down 6.04% compared with the same period last year. In general, the urea cost support this week is weak. This week, the price of melamine in the downstream of urea was adjusted at a low level, with a price of 5200.00 yuan / ton. The downstream rubber plate factory has a general enthusiasm for urea procurement, which has a negative impact on the price of urea.

3、 Future forecast

In the middle of April, the urea market in Shandong was mainly up or slightly up. Urea analysts of business club believe that at present, agricultural demand is weak, and the downstream industry has general enthusiasm for urea procurement. It is expected that the short-term urea market will fluctuate slightly and rise mainly.

1、 Price trend:

According to the data monitoring of business agency, the contract price of Sinopec benzenes rose this week, the crude oil price rose in April, and the crude oil market recovered after the agreement on production reduction was reached at the end of last week. As of April 14, the contract price of o-xylene Sinopec was 4200.00 yuan / ton, up 400 yuan / ton or 10.53% compared with 3800.00 yuan / ton at the beginning of the month. The price is 37.31% lower than that of the same period last year. The price of o-benzene has picked up.

2、 Market analysis:

Crude oil market recovery stimulus

From the trend of crude oil price in April, we can see that the trend of crude oil in April has recovered; on the evening of December 12, the largest crude oil production reduction agreement was reached, and the future market of crude oil is optimistic. Influenced by the good news, the retaliatory rebound of o-benzene, the sharp rise of o-benzene price, and the good o-benzene market.

Market of ortho benzene industrial chain

According to the chart of the rise and fall of the industrial chain of ortho benzene in April, the price of the industrial chain of ortho benzene rose sharply in April, the price of raw materials of ortho benzene rose, and the cost of ortho benzene rose; the price of the downstream products of ortho benzene rose, which was good for the market of ortho benzene, and the downward pressure of ortho benzene weakened and the upward momentum increased.

3、 Future forecast:

Bai Jiaxin, data analyst of o-xylene of business association, thinks that since April, the downward trend of crude oil has eased, the downward pressure of o-xylene raw material price has not existed, and the price of raw material has gradually increased. With the agreement of crude oil production reduction reached last weekend, the future market of crude oil is optimistic, which has a positive impact on the downstream. The price of o-xylene has greatly increased due to the rising cost and the recovery of domestic downstream market 。 As for the future market, the crude oil growth momentum is insufficient, the ortho benzene growth support is insufficient, and the domestic demand gradually recovers, but the global demand declines significantly, the overall downstream of ortho benzene is slightly weak, and the ortho benzene market is expected to maintain stability.