1、 Price trend

According to the price monitoring of the business agency, on April 10, the average price of mainstream manufacturers was 14333.33 yuan / ton, which was flat compared with the beginning of the week. This week’s market was stable and the trend was stable.

2、 Market analysis

Product: the market of salicylic acid is stable this week. After the return of the Qingming Festival holiday, the downstream began to replenish goods. The domestic market transaction was significantly better than before. The shipment situation was good everywhere, the domestic demand was acceptable, the export was temporarily difficult to ship, the support of the raw material end was weakened in the near future, and the salicylic acid market was consolidated. As of April 10, the industrial price of chemical salicylic acid in Maoyuan, Zhenjiang is about 15000 yuan / ton, the pharmaceutical price is 20000 yuan / ton, and the sublimation price is 20000 yuan / ton. The industrial price of salicylic acid in Hebei Jingye chemical industry is about 13000 yuan / ton, the pharmaceutical price is 28000 yuan / ton, and the sublimation price is 19000 yuan / ton. The industrial price of salicylic acid in Shandong Longxin pharmaceutical industry is about 15200 yuan / ton, the factory price of pharmaceutical grade is about 25000 yuan / ton, the factory price of sublimation grade is about 18000 yuan / ton, and the factory price of methyl salicylate is about 24000 yuan / ton. The industrial grade price of Shandong new hualongxin salicylic acid is about 15000 yuan / ton, the pharmaceutical grade price is 24000 yuan / ton, and the sublimation grade price is 18000 yuan / ton. The actual transaction is mainly based on negotiation, and the large quantity is preferred.

Industry chain: on April 9, the OPEC + special meeting ended, and its production reduction was less than the market expectation. Oil price fell again, and WTI settlement in the United States reported 22.76 yuan / barrel, a drop of $2.33. Brent crude settled at $31.48 a barrel, down $1.36. Phenol Market, as a petrochemical product, has entered into a period of sharp decline. The impact of overseas public events is increasing. There is no substantial positive progress after the collapse of crude oil. Petrochemical products will continue to explore in the short term. From the cost point of view, the profit of 3300 yuan / ton pure benzene compared with phenol is fair, and the acetone market of the same unit will maintain a high level in the short term under the influence of good demand for downstream isopropanol. As a whole Phenol ketone plant has a good profit, and the short-term phenol recovery is not yet available. In the near future, we will continue to pay attention to the price adjustment trend of petrochemical plants. Phenol analysts of the business agency believe that phenol will continue to bottom out in the case of low demand and full of negative air. In the short term, we expect 5500 yuan / ton or the market situation will gradually become clear in mid April.

3、 Future forecast

According to the salicylic acid analyst of the business association, after the holiday, the downstream began to replenish, the demand turned better, the market transaction atmosphere was better, and the support of the raw material end weakened, so it is expected that the salicylic acid will be mainly consolidated in the short term.

1、 Price trend

 
2、 Market analysis

Mannheim potassium sulfate factory: about 2700 for 50% powder; about 2800-2850 for 50% particle and 52% water-soluble powder. Report station of potassium sulfate manufacturer in water salt system: Xinjiang 51-52% powder 3100-3150; Qinghai 50% powder 2300-2380. The small fall of potassium sulfate Market in Mannheim is gradually spreading. At this stage, the market trading is dominated by early orders, and the high-end prices in most regions have been loosened. The key is that the sales are not ideal, and the downstream wait-and-see mood is strong. This is not caused by simple price factors, but the impact of large contracts on the market of potassium sulfate is deepening. The price of potassium sulphate in the water salt system is stable for the time being. The output of Qinghai manufacturers is small, and they are mainly used for fixed customers. There is no big pressure on sales for the time being. Luo potassium started the summer maintenance on 20th of this month. Agents said that this should have some support for the price.

3、 Future forecast

According to analysts of potassium sulphate of the business association, although individual prices of potassium sulphate have loosened, the overall price is basically stable, which will not be greatly affected by fluctuations in the market of potassium chloride, but will remain stable in the short term.

1、 Trend analysis

On April 8, the spot copper price was 40786.67 yuan / ton, down 0.11% from the previous day, 16.82% from the beginning of the year, and 17.33% year-on-year. Shanghai copper’s main contract rebounded after opening low today. After touching 41020 yuan, it fell back to 40810 yuan, up 0.52%.

2、 Market analysis

The downstream consumption is flat, the transaction is dominated by trade flow, and the decrease of circulating goods continues to support rising water. The recent rebound in low copper price is mainly due to the continuous supply disturbance of overseas ore terminals, the expectation of reducing supply of many overseas smelting producers, the suspension of operation of many mines in Africa and Latin America, and the current reduction of domestic copper Exchange warehouses, which supports copper price. However, the global risk preference is weak, so it is difficult to improve copper demand.

3、 Future prospects

According to the above situation, copper analysts of nonferrous branch of business agency think that under the condition of weak supply and demand, it is difficult for short-term copper price to rise significantly.

1、 Price trend

According to the price monitoring of the business agency, the average ex factory price of the mainstream manufacturers on April 5 was 22500 yuan / ton, compared with 22833.33 yuan / ton at the beginning of the week (30 days), down 1.46% in the week. On April 5, the R134a commodity index was 82.32, flat with yesterday, down 17.68% from the highest point in the cycle of 100.00 (2019-09-02), and up 1.50% from the lowest point of 81.10 on March 4, 2020. (Note: cycle refers to 2019-09-01 till now)

2、 Market analysis

Product: Refrigerant Market R134a fell slightly this week. The market of hydrofluoric acid at the raw material end is poor, the supporting force for refrigerant R134a is weakened, and the demand for terminal industry is general. Affected by foreign public health events, the export is reduced, and the demand for automobile refrigerant is acceptable. At present, the refrigerant R134a manufacturer has started at a high level, the new production capacity has not been fully put into operation, and the supply in R134a field is tight, but the supply and demand are weak, and the price slightly drops. According to the price monitoring of the business agency, as of April 5, the market price of refrigerant R134a was concentrated around 21000 yuan / ton – 25000 yuan / ton.

Industry chain: in recent years, the price trend of fluorite in China has declined, and the market price of hydrofluoric acid has declined. On April 3, the mainstream price of anhydrous hydrofluoric acid manufacturers in China was 9500-10500 yuan / ton. The factory price of some manufacturers in the field fell. The operation rate of domestic hydrofluoric acid manufacturers was average, the supply of goods in the field was sufficient, and the market price in the field fell slightly.

Industry: according to the price monitoring of the business agency, in the 13th week of 2020 (3.30-4.3), there are 9 kinds of commodities in the rise and fall list of bulk commodity prices in the chemical industry sector, including 1 kind of commodity with an increase of more than 5%, accounting for 1.1% of the number of commodities monitored in the sector; the top three commodities are isopropanol (13.17%), propane (4.22%) and dichloromethane (4.00%). There are 52 kinds of commodities falling on a month on month basis, with 28 kinds of commodities falling by more than 5%, accounting for 32.2% of the number of commodities monitored in this sector; the top three products falling are crude benzene (- 26.92%), butadiene (- 17.90%) and bisphenol A (- 16.17%). This week’s average was – 3.62%.

3、 Future forecast

According to the refrigerant analyst of the business club, the cost side of refrigerant R134a is currently down, and the demand is average. It is expected that the refrigerant R134a market will operate weakly and stably in the short term.

1、 Price trend

According to the price monitoring of business agency, the average price of mainstream manufacturers on April 3 was 17833.33 yuan / ton, which was 18333.33 yuan / ton compared with the average price at the beginning of the week (30 days), down 2.79% in the week. On April 2, the R22 commodity index was 107.00, down 1 point from yesterday, 3.60% from the highest point in the cycle, 111.00 (2020-02-24), and 28.30% higher than the lowest point, 83.40, on October 14, 2019. (Note: cycle refers to 2019-09-01 till now)

2、 Market analysis

Product: R22 in refrigerant market fell this week. The market of hydrofluoric acid and chloroform at the raw material end is not good, the support for refrigerant R22 is weakened, the demand for terminal air conditioning industry is not good, coupled with the impact of foreign public health events, the export is blocked, the transaction center is shifted down, and the market is weak. According to the price monitoring of the business agency, as of April 3, the average price of refrigerant R22 is around 17833.33 yuan / ton, and the quotation is mainly about 16000 yuan / ton – 19000 yuan / ton.

Industry chain: in recent years, the price trend of fluorite in China has declined, and the market price of hydrofluoric acid has declined. On April 3, the mainstream price of anhydrous hydrofluoric acid manufacturers in China was 9500-10500 yuan / ton. The factory price of some manufacturers in the field fell. The operation rate of domestic hydrofluoric acid manufacturers was average, the supply of goods in the field was sufficient, and the market price in the field fell slightly. At present, the production of chloroform enterprises in Shandong Province remains normal, the spot supply in the market is relatively sufficient, and the downstream market and traders are short of purchase and demand, which leads to the increasing inventory pressure of enterprises, and the situation that the supply exceeds the demand in the industry is gradually revealed. At present, the quotation in Shandong Province is about 1550 yuan / ton, in Jiangxi Liwen about 2200 yuan / ton, and in Jiangsu about 2700 yuan / ton.

3、 Future forecast

According to the refrigerant analyst of business club, at present, the refrigerant R22 market has abundant supply, poor downstream demand, and general market transactions. There is no good signal at the raw material end, but supported by quotas, it is expected that the refrigerant R22 will remain weak and stable in the short term.