On March 12, the fluorite commodity index of China’s domestic fluorite cities was 102.46 on March 11, which was the same as yesterday. It was 19.63% lower than the cyclical peak of 127.49 points (2019-01-03), and 108.21% higher than the lowest point of 49.21 on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the recent domestic fluorite price fluctuation, as of 12 days, the average domestic fluorite price is 2,920 yuan/ton. Due to the warmer weather, the recent domestic fluorite plant start-up, in-site mines and flotation devices continue to open, the supply of fluorite in-site increased relatively, but the recent downstream market has improved, fluorite market price fluctuations. Recently, the temperature has risen and the start-up rate of fluorite flotation units in the North has risen, but the downstream units have started to operate normally, the fluorite spot supply in the field is sufficient, and the downstream terminal receipts have increased compared with the previous ones, resulting in a temporary stabilization of market prices. As of December 12, the price of 97 fluorite wet powder in Inner Mongolia was 2400-3000 yuan/ton, the mainstream of 97 fluorite wet powder in Fujian was 2700-3100 yuan/ton, the price of 97 fluorite wet powder in Henan was 2600-3100 yuan/ton, the price of 97 fluorite wet powder in Jiangxi was 2600-3100 yuan/ton, and the price trend of fluorite was stable.

The market price of hydrofluoric acid in the downstream of fluorite is stable. The domestic market price of hydrofluoric acid is 10 816.67 yuan/ton as of the 12th day. The price fluctuation of hydrofluoric acid market has little effect on the price of fluorite in the upstream. Recent downstream refrigerant product units started to rise, upstream fluorite and hydrofluoric acid demand has increased, the recent downstream refrigerant trading market is general, hydrofluoric acid product prices temporarily stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 70%, R22 refrigerant facility start-up rate is temporarily stable, the main production enterprise’s bulk water ex-factory offer price rises to 18500-19000 yuan/ton, but there is no bulk water spot in the production enterprise, mainly a small number of cylinders shipped. The actual demand side of the market has risen, and the delivery market has risen. The domestic market price of R134a is low, the start-up rate of production enterprises is low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price does not change much. Businessmen buy on demand, and recently due to the improvement of goods. Generally speaking, the downstream industry has a positive impact, together with the increase of inquiries in the fluorite market, the price of fluorite has a rising trend. Chen Ling, an analyst of business associations, believes that the price of fluorite market may rise slightly. Market price fluctuation

Price Trend

According to the price monitoring of business associations, propylene oxide is rising actively today. At present, the main price of propylene oxide in the market is around 9800-10200 yuan/ton, up 1.01% compared with last Friday.

II. Analysis of Influencing Factors

Products: Last week, the propylene oxide market bottomed out and rebounded. Propylene oxide factory shipments improved, low turnover volume, inventory digestion to a low level, strong market intention, and positive increase in the offer. Today, Wanhua East China quotes 10,200 yuan/ton and Shandong 9,900 yuan/ton.

Industry chain: The weak market trend of raw propylene and liquid chlorine leads to insufficient cost support for propylene oxide. In addition, the upstream market is strong in the north and weak in the south, and the regional supply-demand contradiction is uneven, which restricts the action of propylene oxide market.

3. Future market forecast:

The propylene oxide Market is expected to grow steadily in the short term.

Price Trend

According to commodity data monitoring, yellow phosphorus prices were basically stable this week. At the beginning of the week, the average price of yellow phosphorus was 15 825 yuan/ton, and at the end of the week, it was 15 850 yuan/ton. The price only rose slightly within the week, the range was 0.16%.

II. Market Analysis

Product: The price of yellow phosphorus is basically stable this week. In Yunnan, yellow phosphorus enterprises started construction slightly, but the overall start-up is still at a low level. Spot supply in yellow phosphorus market is still tight. Individual manufacturers have tentatively adjusted their quotations upwards, and their price-fixing mentality is still in existence. Downstream enterprises have a good mentality and relatively stable purchasing. This week, the yellow phosphorus negotiation area is about 15800 yuan/ton.

Industry chain: The upstream phosphate ore market is in the traditional stoppage period, and the mainstream price is about 450 yuan/ton. March is still a dry season. The electricity price of yellow phosphorus enterprises has increased. The price of coke and graphite electrodes has also maintained a high level. The price of yellow phosphorus still has a rising trend. In the short term, the start-up rate of downstream yellow phosphorus enterprises remains stable and the demand is good.

3. Future Market Forecast

The yellow phosphorus analyst of Business Society Chemical Branch believes that the overall domestic demand for yellow phosphorus is good, the downstream demand is relatively stable, the demand in the field is still supported, and the price of yellow phosphorus is still on the rise.

Price Trend

According to the price monitoring of business associations, as of March 6, the average price of domestic methanol market was 2548 yuan/ton, and the domestic methanol market continued to climb.

II. Market Analysis

Products: Domestic methanol market shows regional trend. At present, port area maintenance period is now linked, spot on demand procurement is the main, with the futures market slightly down 10-15 yuan/ton. Mainland market continued to increase in part, downstream receipt enthusiasm is still acceptable, the overall storage pressure is not high, and part of the equipment inventory and maintenance expectations, supply or support prices; currently, freight rates in some areas have increased, downstream receipt costs have increased slightly. In the short term, the mainland market maintains an upward trend supported by favorable factors, and port areas need to pay attention to futures and inventory changes. In addition, we need to continue to pay attention to spring maintenance and actual downstream delivery.

Freight: Domestic methanol freight has been rising recently, ranging from 20-40 yuan/ton. The freight charges of Inner Mongolia North Line to Lubei increased by 30-40 yuan/ton with reference to 330-380 yuan/ton; the Southern Line to Lubei with reference to 310-350 yuan/ton with an increase of 20-40 yuan/ton; Shanxi with reference to 120-220 yuan/ton in northern Shanxi and 20 yuan/ton in high-end; Guanzhong to northern Shandong with reference to 170-200 yuan/ton with reference to 30 yuan/ton in low-end, 170-230 yuan/ton in southern Shandong and 30 yuan/ton in low-end. Xinjiang refers to about 790 yuan/ton from northern Shandong and 340-360 yuan/ton from Ningxia to northern Shandong.

Industry chain: formaldehyde: formaldehyde market continues to catch up. Influenced by methanol at the raw material end this week, formaldehyde manufacturers in the Mainland continued to push up prices. However, with the convening of the two sessions in Beijing, some areas have intensified the supervision of production safety. Henan and Shandong formaldehyde factories have stopped for some reasons, involving a reduction of more than 4,000 tons per day. Production is expected to resume around mid-late March. Acetic acid: The domestic acetic acid Market surface is temporarily stable, but the market competition continues to intensify. Under the pressure of supplier’s inventory quantity, the discount of negotiation terminal benefits is obvious. However, the acetic acid market continues to decline, there is no new purchase intention downstream, and the market turnover is light. Domestic inventory makes the market tend to be in short supply. In March, some PTA manufacturers overhauled the demand for acetic acid, which is expected to decrease by 0.8W tons, and the situation of oversupply in domestic acetic acid market will continue to intensify. Dimethyl ether: Dimethyl ether prices were consolidated, falling or rising. The methanol market is strong and upward, and the profit of raw material extraction enterprises is not downward. Under the strong support of cost, each region is experimenting a small increase, and the end-users are afraid of rising. At present, each manufacturer is running smoothly without stock accumulation.

3. Future Market Forecast

Business Cooperatives Viewpoint: On the positive side, equipment: Mainland based on spring inspection and other factors, and under the influence of environmental protection policy, maintenance enterprises have increased, short-term local supply or contraction; olefins: olefins: good procurement, pre-sale, support raw material methanol prices; environmental protection: Shanxi Province due to environmental protection production restrictions, supply side has tightened; freight: local freight has moved up, the cost has increased slightly. Rise. Inventory: Port area inventory is still high, short-term difficult to digest; downstream demand: under the influence of local environmental protection, some downstream construction is still limited; mentality: recent methanol prices have increased significantly, and some downstream operators’mentality has weakened. Methanol analysts at business associations predict that the short-term domestic methanol market will rise slightly.

ICIS-MRC price report shows that Russian market began to negotiate March’s suspension polyvinyl chloride (SPVC) shipment last week, with manufacturers announcing further price increases on the domestic market.

In 2019, the price of PVC in Russia has doubled and is expected to continue to rise in March this year. Reduced inventories and a lack of imported goods are the main factors contributing to further price increases.

Russian manufacturers announced that the March delivery price would be increased by 1,000 to 2,000 roubles/ton depending on the resin.

The current situation is similar to last year’s trend. Prices of PVC in Russia were rising every month before September last year, and processors were forced to pass on costs to consumers.

Capacity utilization is quite high, exceeding 90%, but excess resin is actively exported. However, it is noteworthy that export sales have begun to decline gradually since February.

Since last year, only one manufacturer in northern China, the main supplier in the past, has exported a limited amount of acetylene-based PVC to Russia, partially offsetting the cost of Russian shipments, and the delivery quota in March has been exhausted.

Even considering that Russian producers plan to raise prices in March, importing acetylene-based PVC from China is not profitable.

Compared with February, some processors do not intend to increase their purchases, while others are seeking to increase their purchases, although demand for products remains weak.

Overall, the Moscow trading price of K64/67 resin CPT remained at 74,000-76,500 roubles/ton in March, of which VAT increased by 1,000-1,500 roubles/ton compared with February, up to 500 tons. For special grades such as K58/70, some manufacturers intend to raise prices by 1500 – 2000 roubles per ton.