The Fluorite Commodity Index of May 4 was 99.47, the same as yesterday, down 21.98% from 127.49 at the highest point in the cycle (2019-01-03), up 102.13% from the lowest 49.21 point on December 18, 2016.

(Note: cycle refers to 2011-09-01 to present) According to statistics, the domestic fluorite price trend is stable, as of 5th, the domestic fluorite average price of 2835 yuan/ton, the recent domestic fluorite device driving normally, the field mine and flotation device normal start, the field fluorite supply Normal, the recent downstream freight market in general, for the fluorite market on demand procurement, fluorite price trend shock. Recently downstream plant construction situation is poor, the field fluorite spot supply is normal, terminal downstream pick-up situation is not good, resulting in market price trend temporary stability. As of 5th, Inner Mongolia 97 fluorite wet powder price in 2700-3000 yuan/ton, Fujian region 97 fluorite Wet powder talks mainstream in 2600-3000 yuan/ton, Henan Region 97 fluorite Wet powder price in 2600-3000 yuan/ton, Jiangxi Region 97 fluorite Wet powder price in 2700-3000 yuan/ton

, Fluorite price trend to maintain concussion. Fluorite downstream hydrofluoric acid market price trend temporarily stable, as of 5th domestic hydrofluoric acid market price of 10550 yuan/ton, hydrofluoric acid market price shock for the upstream fluorite market has a certain positive impact, but the recent start of hydrofluoric acid device has declined, for the demand for fluorite weakened, fluorite price shock operation. Recently downstream refrigerant product plant started in low, the upstream fluorite and hydrofluoric acid demand in general, the recent downstream refrigerant trading market in general, hydrofluoric acid product prices slightly lower. Recently terminal downstream refrigerant market trading market cold, R22 refrigerant device surface started in 60%,R22 market installation rate of temporary stability, the main production enterprises Scatterwater factory price of 18000-18800 yuan/ton between, but the production enterprises do not have scatterwater spot, more than a small number of cylinders shipped mainly. In addition, the actual demand surface of the market changes little, shipping market in general. Domestic R134a market price trend shock, production enterprises plant construction rate to maintain low, refrigerant market demand in general, manufacturers shipped to export-oriented. But the market transaction price changes are not big, merchants on demand procurement, comprehensive view, downstream industry market in general, coupled with the fluorite market supply normal, fluorite price trend temporarily stable, business analyst Chen Ling think fluorite market price or will maintain the trend of concussion.

U.S. crude oil futures closed slightly higher on Monday, and U.S. President Trump on Friday asked the Organization of Petroleum Exporting Countries (OPEC) to increase production to ease the impact of tightening U.S. sanctions on Iran, halting weeks of gains.

On April 29, WTI crude oil futures rose to $63.50 a barrel in June, an increase of $0.20. Brent crude oil futures fell to $72.04 a barrel in July, a decrease of $0.11.

Trump asked OPEC to increase U.S. crude oil futures to rise on Monday

Price Trend

Business associations: This week’s weak finishing trend in maleic anhydride market (3.18-3.22)

According to data from business associations, the average price of maleic anhydride offer by the end of the weekend was 7125.00 yuan/ton (including tax), and the offer was weaker.

II. Market Analysis

Product: This week, the domestic maleic anhydride market as a whole showed a weak decline.

Industry chain: First, this week, domestic unsaturated resin stabilization, general downstream demand, resin factory on demand procurement, domestic maleic anhydride market weak finishing, negotiations weakened; secondly, the mainstream factory price weak finishing. The fluctuation of crude oil in the periphery affects the intra-field mentality, and crude oil has a certain supporting market; pure benzene and n-butane raw materials in the upstream are strong, and the market supply is sufficient. In the short run, the profit margins of benzene and butane maleic anhydride are stable. Finally, at present, downstream warehouse replenishment is cautious, and factories are mainly on the lookout.

3. Future Market Forecast

At present, the domestic maleic anhydride market is likely to maintain a weak consolidation trend in the near future, and the overall price may be the same as this week, according to the analyst of maleic anhydride products of Business Society Chemical Branch.

The PX commodity index on April 27 was 67.20, unchanged from yesterday, down 34.38% from the peak of 102.40 points in the cycle (2013-02-28), and up 47.53% from the low of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date).

Recently, the domestic market price trend of p-xylene has been temporarily stable. Pengzhou Petrochemical Plant has been running steadily in the field. Urumqi Petrochemical Plant has started 50% of its operation. Fuhai Aromatic Hydrocarbon Plant has started a line. CNOOC Huizhou Refinery and Chemical Plant has been overhauled. Hengli Petrochemical PX Plant has been put into operation. Other units have been running steadily for the time being. Due to the increase of domestic market supply of p-xylene, the market for p-xylene has increased. Price trend is stable for the time being. The start-up rate of PX plant in Asia is about 80%. On April 26, the market of p-xylene in Asia rose by 2 US dollars/ton. The closing price is US$930-932/ton FOB in Korea and US$949-951/ton CFR in China. More than 50% of the domestic units need to be imported. The low price of foreign units has a negative effect on the domestic market price of p-xylene. The price trend of p-xylene in the market is temporarily stable.

On April 26, the price of WTI crude oil in June fell to $63.30 per barrel, a decline of $1.91. Brent crude oil in July fell to $72.15 per barrel, a decline of $2.20. The price of crude oil declined, losing some cost support for the price of downstream petrochemical products, and the price of p-xylene market stabilized temporarily. Recent textile industry volatility, PTA price trend temporarily stable 28 days, the average price of East China bid in the vicinity of 6750-6850 yuan/ton, as of 26 domestic PTA start-up rate is about 78%, polyester industry start-up rate is about 91%, downstream production and sales rate maintained high, but PTA market price changes little, it is expected that later PX market prices will be lower.

On April 24, the ammonium nitrate commodity index was 107.02, which was the same as yesterday. It was 9.63% lower than the cyclical peak of 118.42 points (2019-01-15), and 38.32% higher than the lowest point of 77.37 on October 31, 2016. (Note: Period refers to 2013-02-01 to date)

Recently, the price trend of domestic ammonium nitrate Market has maintained a low level. Affected by environmental protection control, domestic ammonium nitrate plants shut down more, and domestic ammonium nitrate plants started less. However, with the warming of the weather recently, the influence of northern air limitation disappeared. In addition, due to the complete shutdown of domestic downstream civil explosion industry, domestic ammonium nitrate manufacturers have more stockpiles and the price trend in the field has declined. As of the 25th day, the domestic ammonium nitrate market price negotiations in 1900-2100 yuan/ton, affected by environmental protection, so now many manufacturers in many areas are forced to limit production or stop production and maintenance to accept environmental protection inspection, the price trend of ammonium nitrate on the site is weak.

Recently, the domestic nitric acid price trend is temporarily stable. The market price of nitric acid is 1560 yuan/ton on the 25th day. The stable trend of nitric acid price has little effect on the ammonium nitrate market, and the price trend of ammonium nitrate is stable. The price trend of upstream raw material liquid ammonia has slightly declined, and the market price of liquid ammonia is 3400 yuan/ton on the 25th day. The downward trend of upstream raw material price has a negative impact on the ammonium nitrate market. Ammonium market price trend is temporarily stable. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened and the stocks of ammonium nitrate manufacturers have increased, but the liquid ammonia market is on the rise again. The ammonium nitrate Market has slightly declined due to the bad market. Ammonium nitrate analysts believe that the recent upstream raw material market price shocks, but the downstream demand is not good, ammonium nitrate market prices are expected to maintain shocks in the later period.