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.

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.