1、 Price trend

 

According to the data of the business club’s bulk list, the domestic propylene (Shandong) market price in this month experienced a rapid decline trend after two small rises, which was 6350 yuan / ton at the beginning of the month; it was also the monthly low price at the end of the month, which was 5378 yuan / ton, with a monthly decline of 15.31%; the monthly high price was 6663 yuan / ton, with a monthly amplitude of 19.29%, from March 6 to March 9.

 

2、 Analysis and comment

 

Products: in March, the decline trend of propylene price in Shandong Province in the early stage of reform began. On the first day, the prices of some enterprises rose slightly. On the second day, the prices of the whole line rose slightly. On the third and the fourth day, the prices of most enterprises generally rose. On the fifth day, the prices of some enterprises increased by about 50-100 yuan / ton. On the sixth day, the prices of enterprises began to fluctuate up and down, but the range was relatively small. On the tenth day, the prices generally fell by 50-100 yuan / ton. On the eleventh day, the prices slightly fell by 50 yuan / ton The daily price slightly decreased by 50-100 yuan / ton, and the price decreased by 200-300 yuan / ton on the 13th. The price was stable again on the 16th, and fell continuously on the 17th, 18th and 19th. Since the 20th, the price has been stable mainly. The price began to rise on the 24th, and finally began to stabilize on the 27th. The price has declined again since the weekend. Today, the price continues to decline significantly, down by 200-300 yuan / ton per day, At present, the market turnover is 5300-5800 yuan / ton, and the mainstream price is about 5300 yuan / ton. At the beginning of April, there are more propylene manufacturers or will start construction, which has a great negative impact on propylene.

 

Thiourea dioxide

Industry chain: upstream, influenced by the OPEC meeting and various international economic policies, the international crude oil price dropped sharply again on the 16th, slightly on the 17th, sharply on the 18th and slightly on the 19th. On the 20th, the crude oil price rose significantly. On the 23rd, the original oil price dropped significantly. On the 24th, the crude oil price rose again. On the 25th and 26th, the price fluctuated slightly. On the 27th, the price fluctuated slightly There is a more obvious downward trend, and the price continued to fall on the 30th. The continuous decline of crude oil market has a negative impact on propylene.

 

PP market declined after rising this month. At the end of the month, it was a low price, with a monthly decline of 4.09% and a monthly amplitude of 7.85%. PP futures market declined significantly, but rebounded at the end of the month, reducing some negative effects on propylene.

 

Acrylic acid fell sharply at the end of this month, with a monthly decline of 10.23%, which had a certain negative impact on propylene.

 

Propylene oxide market fell sharply this month, with a significant decline at the beginning and end of the month, with a monthly decline of 13.65%, which also had a negative impact on propylene.

 

Epichlorohydrin stabilized after a step-by-step decline this month, and fell again at the end of the month, with a monthly decline of 25.96%, which had a significant negative impact on propylene.

 

This month, the domestic price of n-butanol declined steadily, with a monthly decline of 20.12%, which had a certain negative impact on propylene.

 

This month, octanol market also declined steadily, with a monthly decline of 17.97%, which had a significant negative impact on propylene.

 

Thiourea

Affected by the epidemic situation, the price of isopropanol, as one of the raw materials of foreign disinfectants, suddenly rose sharply in the middle of this month, with a monthly increase of 55.64%, and a half month increase (since March 15) of 69.85%, which has a great positive impact on propylene.

 

The price of phenol Market in Shandong Province also declined steadily this month, with a monthly decline of 20.83%, which had a certain negative impact on propylene.

 

The acetone market in Shandong Province fell steadily in the first half of the month, rose slightly in the second half of the month, and sharply fell at the end of the month, with a monthly decline of 20.77%, which also had a negative impact on propylene.

 

3、 Future forecast

 

According to the propylene analyst of the chemical branch of the business society, the crude oil market has repeatedly been low due to the impact of the international crude oil market game recently. As the production and inventory of propylene are low before, the decline in the early stage is not significant, and the trend of follow-up in the later stage is also obvious. At the beginning of April, there may be more propylene enterprises to start production and increase production. And the downstream butanol and octanol market is obviously down, although isopropanol is still rising, PP futures also have a callback, but it is still hard to support, it is expected that the propylene price will continue to explore the trend in the near future.

http://www.pivalicacid.com

1、 Price trend

 

According to the data monitoring of business agency, zinc market rose in shock this week, and zinc price rose for several consecutive days. As of March 30, the spot price of zinc was 15346.67 yuan / ton, up 3.83% from 14780.00 yuan / ton at the beginning of the week. Zinc market demand recovered and zinc price rose in shock.

 

Thiourea

2、 Market trend analysis

 

The average operating rate of industrial enterprises is 98.6%

 

On March 30, Xin Guobin, Vice Minister of the Ministry of industry and information technology, said at the press conference of the joint defense and joint control mechanism of the State Council that the current resumption of manufacturing industry shows an orderly and positive trend. As of March 28, the average operating rate of Industrial Enterprises above Designated Size in China was 98.6%, and the average return rate of personnel was 89.9%. The return rate of small and medium-sized enterprises has reached 76%. Since March, the average daily increase has been about 1 percentage point, and the pace of construction has accelerated significantly. Manufacturing enterprises started to increase and demand for zinc recovered. Zinc price is expected to rise in the future.

 

The trend of international zinc price is fluctuating and picking up

 

From last week’s LME zinc price trend chart, we can see that zinc price rose in shock this week. Zinc city has recovered, which is good for domestic zinc city. Zinc market in the future has a certain upward momentum.

 

Thiourea dioxide

Zinc stocks down this week

 

Time: inventory increase / decrease of this week

Subtotal futures subtotal futures

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

As can be seen from the figure, the stock of zinc ingots in Shanghai futures market decreased this week, and the demand of zinc market increased. Zinc market demand has gradually recovered from cold transaction. It has a positive impact on zinc market.

 

3、 Future prospects

 

Bai Jiaxin, an analyst of business club, believes that: in the near future, downstream enterprises have resumed the increase of construction, the demand for zinc ingots has picked up, the zinc market has picked up, and the zinc price has the momentum to rise. However, due to the high cost of zinc processing, the supply of zinc ingots is sufficient, and the power of zinc price rise is insufficient. Generally speaking, zinc market demand has recovered in the near future, and zinc price has risen in shock. It is expected that the zinc market will pick up in the future, and the zinc price will have a certain upward momentum.

http://www.pivalicacid.com

1、 Price data:

 

According to the data monitoring of the business club’s bulk list, the domestic bromine market was weak and stable in March. The average price of bromine at the beginning of the month was about 30277 yuan / ton, and the average price at the end of the month was about 300 million yuan / ton, down 14.17% compared with the same period last year.

 

Thiourea

2、 Cause analysis

 

Product: in this month, the domestic bromine market is generally weak and stable, the start-up of enterprises is slow, and the spot market supply is tight. However, due to the poor demand of downstream flame retardant and bromine market, and the market has not shown any obvious signs of improvement, the bromine price has not fluctuated greatly, and the overall market supply and demand are still weak. At present, the mainstream enterprises offer about 29000-30000 yuan / ton.

 

Industry chain: the upstream market of bromine in China is up and down in different ways this month, with sulfur rising by 17.02%, at present about 653 yuan / ton; sulfuric acid rising by 5.28, at present 323 yuan / ton left; caustic soda falling by 13.94%, at present 542 yuan / ton; soda ash market surging by 1.66%, at present about 1580 yuan / ton. The main downstream flame retardants and bromides of bromine have a low market operating rate, which makes it difficult to have a good support for the demand for bromine. In the recovery of the start-up of pharmaceutical and agricultural intermediates and other industries, the overall rigid demand is weak and the support for bromine price is insufficient.

 

Thiourea dioxide

3、 Future forecast

 

According to the bromine industry analysts of business association, at present, the supply and demand of bromine market in China are weak, and there is no obvious improvement in the short term. With the depletion of market inventory, the bromine price will remain stable, and the future market still needs to pay attention to the development of the epidemic situation.

http://www.pivalicacid.com

According to the data monitored by the business association, as of March 26, the ex factory price of rubber grade and high-quality silica was 4600.00 yuan / ton, and the market price of silica in China was relatively stable.

 

Thiourea

market analysis

 

Products: the market price of white carbon black is stable, the manufacturers keep watching, and the main price range is 4500 yuan / ton. Recently, in the white carbon black market, the market turnover is weak, the manufacturers sell generally, the inventory is not much, and the manufacturers mainly sell goods.

 

Industry chain: the domestic hydrochloric acid market price continues to maintain a stable trend. The continuous rise of the liquid chlorine price in North China has little impact on the local hydrochloric acid market, while the price adjustment in other domestic markets is relatively slow due to many downstream surrounding customers.

 

Industry: on March 25, the chemical industry index was 647, down 4 points from yesterday, 36.32% from 1016 (2012-03-13), and 7.83% from 600, the lowest point on January 31, 2016. (Note: cycle refers to 2011-12-01 to now)

 

 

Forecast for future market

 

White carbon black analysts believe that: in the short term, white carbon black will continue to maintain a stable trend. (the above prices are provided by the major manufacturers of silica all over the country and analyzed by the business silica analysts for reference only. For more details, please contact the relevant manufacturers for consultation.)

http://www.pivalicacid.com

1、 Price trend

 

According to the data in the business club’s large list, the domestic market price of isomeric xylene fell sharply this week. As of Friday, the domestic average price was about 3830 yuan / ton, down 12.36% month on week.

 

Thiourea dioxide

2、 Analysis and comment

 

1. Products: The overseas epidemic continues to spread, worrying about the shrinking demand for crude oil due to the economic recession, and adding OPEC + production increase expectations. Affected by this, the price of international crude oil fell sharply this week, as well as the price of xylene in the South Korean market, the main source of imports. Although domestic enterprises gradually enter the resumption period and the market demand gradually improves, the price of domestic isomeric xylene still follows the decline. At present, in East China The main price is about 4000 yuan / ton.

 

2. Industrial chain:

 

Upstream, in terms of crude oil, the international oil price fell sharply at the beginning of this week and maintained a wide and volatile trend. As of Friday, Brent futures fell by 17.30%, Brent futures by 14.92%, WTI futures by 23.78% and Dubai futures by 8.30%.

 

Thiourea

Downstream, in PX market, the price of domestic Sinopec’s enterprises this week is about 5500 yuan / ton, and the latest price on the outside market is about 514 US dollars / ton for FOB South Korea and 532 US dollars / ton for CFR China. It is expected that PX market price will gradually stabilize and fluctuate next week. In terms of PTA market, the spot market price of PTA in China is about 3520 yuan / ton, and the external market price is about 467 US dollars / ton CFR China. It is expected that PTA prices will remain weak next week. In the ox market, Sinopec’s offer of ortho benzene fell, with the price at 4600 yuan / ton. The external price of ortho benzene is about 520 US dollars / ton fob in South Korea. It is expected that ortho benzene will gradually stabilize next week.

 

3、 Future forecast

 

According to xylene analyst of business and chemical branch, we will continue to focus on the news of OPEC + production reduction agreement next week, worries about global economic recession due to the continuous spread of overseas epidemic, international crude oil trend and the progress of downstream enterprises’ resumption of work. On the whole, it is expected that xylene prices in the international crude oil market and South Korean market will gradually stabilize next week, adding that domestic enterprises will gradually enter the resumption period, and market demand will gradually improve. It is expected that xylene prices in the domestic market will stabilize and fluctuate next week. However, in the environment of high inventory of xylene industry and unsmooth industrial chain recovery, it is not optimistic to expect the rebound range.

http://www.pivalicacid.com