According to the monitoring of business agency, the domestic market price of phthalic anhydride continued to rise this week. As of the weekend, the price of phthalic anhydride was 6600 yuan / ton, up 4.35% compared with the price of 6325 yuan / ton at the beginning of the week, up 30.37% year on year. In recent years, the price trend of phthalic anhydride continued to rise, the spot supply in the field was normal and the sales situation was good.

In the near future, the price trend of phthalic anhydride market continues to rise, the goods in the phthalic anhydride market are in normal condition, the demand of downstream has not changed much in the near future, the price of phthalate increases, the plasticizer market is higher, the upstream and downstream market improves, which is favorable for the domestic phthalic anhydride market price, and the domestic phthalic anhydride price is higher. Domestic phthalic anhydride manufacturers have maintained a low level of construction, with the site starting rate of about 60%, domestic supply of phthalic anhydride is normal, spot phthalic anhydride in the site is slightly tense, market price is higher, downstream plasticizer industry market has increased, and the actual transaction is normal. The market price of phthalic anhydride in East China has increased, with limited high-end transactions in the field. The main trend of the talks on the neighboring French sources in East China is 6600-6800 yuan / ton, and that of naphthalene method is 6300-6500 yuan / ton; The mainstream quotation of phthalic anhydride market in North China is 6500-6700 yuan / ton. The waiting mentality in the phthalic anhydride market remains. The downstream purchasing is mainly on demand. In the near future, the trend of DOP in the downstream has risen, which has affected the continuous increase of the market price of phthalic anhydride.

The domestic price of phthalate rose this week, with the price of 5900 yuan / ton on the site and the price increase of 5.36% this week. The rise of domestic phthalate price is a good support for the phthalic anhydride market. In addition, the import of phthalates in port area is higher, the quantity of imported phthalates in port area is still acceptable. In recent years, the port’s phthalate inventory has not changed much, and the price of the external market of o-benzene fluctuates, and the actual transaction price is subject to negotiation, In detail, the price of phthalic acid increased slightly, the price of raw materials increased, which was favorable for domestic phthalic anhydride market price, and the recent market price of phthalic anhydride increased slightly.

The market price of DOP downstream of phthalic anhydride continued to rise. According to the monitoring of business society, the domestic DOP price was 12125 yuan / ton by the end of the week, with an increase of 2.54% this week. The equipment of DOP enterprises in the site was temporarily stable, DOP supply was stable, PVC price fluctuated and recovered, and downstream demand was stable. The downward pressure of plasticizer DOP still has the rising power. The transaction price is subject to the real-time price. The overall DOP price is about 12000-12500 yuan / ton. The demand of domestic phthalic anhydride is not changed much, and the market price of phthalic anhydride is rising.

In general, the crude oil price has declined slightly in the near future, and the downstream plasticizer industry has a rising trend. The DOP price trend is slightly higher, and the price of phthalate will rise slightly. It is expected that the market price of phthalic anhydride will rise slightly in the later period.

According to Xinhua news agency, the International Energy Agency (IEA), headquartered in Paris, France, released its 2021 global energy review report on the 20th. It is estimated that the global energy demand will increase by 4.6% in 2021, and the global energy related carbon dioxide emissions will increase by 4.8%.

According to the report, global energy demand declined by 4% in 2020, which was the biggest drop since the Second World War, which was affected by COVID-19. According to the latest statistics of global energy demand in the first quarter of this year, the epidemic continues to affect energy demand. However, the IEA predicts that global energy demand will increase by 4.6% in 2021 compared with last year as countries lift anti epidemic restrictions and usher in economic recovery.

Specifically, in 2021, the global average daily oil demand is expected to increase by 5.4 million barrels over the same period last year, with a year-on-year increase of 6%; driven by the power industry, the global coal demand is expected to rebound strongly this year, with a year-on-year increase of 4.5%; driven by the Asian and Middle East markets, the global natural gas demand will also rise by 3.2% over the same period last year.

This year, global renewable power generation will grow by more than 8% year-on-year and is expected to reach 8300 terawatt hours (TWH), the largest annual increase since the 1970s. Solar photovoltaic power generation and wind power generation will account for two-thirds of the growth of renewable energy power generation. This year, China’s renewable energy generation is expected to account for about half of the world’s incremental capacity, followed by the United States, the European Union and India.

The IEA said global electricity demand is expected to grow by 4.5% year-on-year in 2021, driven by increased economic activity and rapid economic growth in major emerging economies such as China.

This year, global nuclear power generation is expected to increase by 2% over the previous year. During the second half of 2020 and the first quarter of 2021, there will be seven new nuclear reactors on-line and three decommissioned; by the end of 2021, there will be up to 10 nuclear reactors connected to the power grid.

According to the International Energy Agency (IEA), in 2021, with the surge in demand for coal, oil and natural gas and the economic recovery, global energy related carbon dioxide emissions will increase by more than 1.5 billion tons, or 4.8%, compared with the previous year, which is close to the peak from 2018 to 2019.

Trade name: br 9000

Latest price (April 20): 12440 yuan / ton

Key points of analysis: according to the monitoring of business news agency, the domestic price of cis-1,4-polybutadiene rubber was 12440 yuan / ton on the 20th, down 1.74% compared with the previous day. On the one hand, the price of butadiene is at a low level, and the cost is short. According to the monitoring of the business community, as of April 20, the butadiene price was 6696 yuan / ton, down 9.69% compared with the beginning of the month. On the other hand, the enthusiasm of downstream purchasing is not high recently, and some businesses ship at low prices. According to the business news agency, as of April 20, the market offer of cis-1,4-polybutadiene rubber declined slightly. The mainstream offer of cis-1,4-polybutadiene rubber in Qixiang was 12100-12200 yuan / ton, that of cis-1,4-polybutadiene rubber in Qilu was 12400-12600 yuan / ton, and that of cis-1,4-polybutadiene rubber in Daqing was 12200-12500 yuan / ton.

Future forecast: low price of raw materials, soft demand. It is expected that the price of cis-1,4-polybutadiene rubber will continue to be weak in the future.

Trade name: isooctanol

Latest price ( April 19th ) ：13233 . 33 yuan / ton

On April 19, the ex factory quotation of ISO octanol in Shandong increased by 333% compared with the quotation on April 16 . 33 yuan / Tons, up 2 . fifty-eight %。 The upstream propylene market rose slightly, the octanol cost supported well, the downstream DOP market was consolidated at a high level, the downstream purchasing enthusiasm was good, and the octanol supply was normal.

Recently, the ex factory price of ISO octanol in Shandong may rise slightly: the manufacturer’s quotation is 13300 yuan / About a ton.

According to the data monitoring of business news agency, the domestic cis-1,4-polybutadiene rubber market weakened during the week (4.12-4.16), with the price at 13300 yuan / ton at the beginning of the week and 12960 yuan / ton at the end of the week, with an overall decline of 2.56%.

This week (4.12-4.16) the domestic cis-1,4-polybutadiene rubber market weakened, and the ex factory price of cis-1,4-polybutadiene rubber of some manufacturers decreased significantly. According to the monitoring of business agency, as of April 16, the ex warehouse price of Daqing cis-1,4-polybutadiene rubber of PetroChina Northeast sales company was 12500 yuan / ton.

The supply side dropped slightly, supporting the cis-1,4-polybutadiene rubber. According to the business news agency, Maoming and Yangzi Shunding units continue to shut down, and the 150000 T / a Shunding units in Zhongshan and Yanshan started to shut down for about 40 days in early April. Although the load of Jinzhou, Dushanzi and other units increased, the overall output of Shunding rubber decreased compared with the previous period.

Unit capacity and start up

Yantai Haopu: 60000t / a normal operation

Shandong Wanda: 50000 T / a normal operation

Qixiang Tengda: 50000 tons / year

Qilu Petrochemical Co., Ltd. ’70000t / a’ normal operation

Sichuan Petrochemical Co., Ltd. < 150000t / a > normal operation

Maoming Petrochemical Co., Ltd. < 100000 tons / year

Yanshan Petrochemical Co., Ltd. < 150000t / A

Yangzi Petrochemical Co., Ltd. $100000 / year

Huayu Rubber Co., Ltd. < 80000 tons / year

Tairubber Yubu: 72000 / year, normal operation

Dushanzi Petrochemical Co., Ltd. < 30000 / year, normal operation

Xinjiang Lande normal operation

Daqing Petrochemical Co., Ltd. ~ 160000 / year

Liaoning Shengyou: 30000 / year

Jinzhou Petrochemical Co., Ltd. < 30000 / year, normal operation

Shandong Chinachem will stop at 100000 yuan / year and plan to restart in June

Zhejiang ChuanHua is in normal operation with annual output of 100 000 yuan, and it is planned to be overhauled in May

After the sharp drop in raw material prices, there was a slight rise this week, and the cost stopped falling. According to the monitoring of the business association, as of April 16, the butadiene price was 6696 yuan / ton, up 2.90% from 6507 yuan / ton at the beginning of the week, and down 14.80% from March 31.

On the demand side, the downstream demand is still rigid demand. It is understood that the tire operating rate is still high this week: the semi steel tire operating rate is around 75%, and the full steel tire operating rate is around 78%.

Future forecast: business community analysts believe that although the price of raw material butadiene has dropped by about 14% since the end of March, and the lower cost side has led to the downward risk of cis-1,4-polybutadiene rubber, at present, there is little pressure on the supply and demand fundamentals of cis-1,4-polybutadiene rubber, and the rebound of crude oil is supported by the cost side, it is expected that cis-1,4-polybutadiene rubber will stop falling and stabilize in the future.

1、 Price trend

According to the business news agency’s block data list, the average price of domestic phosphoric acid on April 13 was 5216.67 yuan / ton, up 0.64% compared with the previous day, flat on a month on month basis, and up 4.33% compared with the same period last year.

2、 Market analysis

Driven by the rising price of raw material yellow phosphorus, the phosphoric acid market rose slightly by 0.64%. The price of enterprises was adjusted by 100-150 yuan / ton, and the center of gravity moved up. Some enterprises stayed on the sidelines. Last week, the price of yellow phosphorus dropped, phosphoric acid fluctuated obviously with yellow phosphorus, and some phosphoric acid enterprises’ quotations were callback. This week, yellow phosphorus stopped falling and rebounded, rising by 1.18%. Supported by cost, the low-end price of phosphoric acid was gradually increased. At present, the downstream demand is relatively stable. We continue to maintain the rigid demand for purchasing. We have strong wait-and-see sentiment and general inquiry. However, affected by the cost, the phosphoric acid market is stable and strong. According to the monitoring of the business agency, as of April 13, the quotation in Sichuan was 4850-5550 yuan / ton, that in Yunnan was 5200-5400 yuan / ton, that in Beijing was 4800 yuan / ton, that in Hubei was 5200-5400 yuan / ton, that in Tianjin was 5900 yuan / ton, and that in Henan was 5300-5900 yuan / ton. The prices in various regions rose steadily.

Regional ﹣ product specification ﹣ date ﹣ price (yuan / ton)

Sichuan Province: 85% industrial grade ﹣ 4850-5550

Hubei Province: 85% industrial grade – 5200-5400

Yunnan Province: 85% industrial grade – 5200-5400

Henan Province: 85% industrial grade – 5300-5900

In Beijing and Tianjin, the content of ﹣ 4 ﹣ is 85% industrial grade ﹣ 4800-5900 on April 13

In terms of raw materials, after the Qingming Festival, the domestic phosphorus ore market rose in an all-round way. On April 13, the reference price of phosphate rock was 470.00, up 5.22% compared with April 1 (446.67). In April, although the rising trend of the downstream terminal slowed down, and in recent days, it mainly maintained stable operation, but the export benefits can still be supported in the short term. Therefore, the downstream terminal market mostly maintained a high level in the short term. Therefore, the phosphorus ore market, supported by the downstream, has also been mainly in a strong operation in recent days.

The price of yellow phosphorus decreased last week. The price of coke market declines, and the support for yellow phosphorus is weak. The downstream market is mainly wait-and-see, and the goods are taken carefully. On April 13, the reference price of yellow phosphorus was 17100.00, which was 1.18% higher than that on April 1 (16900.00). On April 13, the plant of Sichuan Mabian Longtai phosphorus Power Co., Ltd. started normal operation. The enterprise started three electric furnaces with a daily output of more than 50 tons. The latest price of high-grade yellow phosphorus was 17500 yuan / ton. Guizhou Qingli tianmeng Chemical Co., Ltd. started normal operation. The latest price of high-grade yellow phosphorus is 17100 yuan / ton, and the price of yellow phosphorus rises slightly.

At present, the raw material cost of monoammonium phosphate is high, and the downstream demand is limited. Now diammonium phosphate is mainly exported, domestic spring ploughing is coming to an end, and the supply and demand are in balance. It is expected that monoammonium phosphate will keep stable operation in the short term, while diammonium phosphate may be adjusted in a narrow range.

3、 Future forecast

According to the phosphoric acid analysts of Shangshe chemical branch, the price of raw material yellow phosphorus is rising, and the supporting force is gradually increasing. The phosphoric acid market is cautious and wait-and-see, and more stable rises. At present, the downstream demand is relatively flat. Affected by the cost, it is expected that the price of phosphoric acid will rise steadily in the short term.

In April, the civil LPG market continued to rise, and the price kept rising. It can be seen from the trend chart that the upward range at the beginning of the month is not obvious, and the main behavior is stable. After the Qingming Festival holiday, Shandong civil gas market began to push up continuously, with a large range. According to the data monitoring of business society, the average price of LPG in Shandong market was 4000.00 yuan / ton on April 1 and 4267.00 yuan / ton on April 12, with an increase of 6.7% during the period, up 14.67% compared with March 1.

As of April 12, the mainstream prices of LPG in various regions of China are as follows:

Specification ﹣ mode of transportation ﹣ region ﹣ mainstream quotation

Civil gas and automobile transportation in North China 4250-4350 yuan / ton

Civil gas and automobile transportation in eastern China: 4150-4300 yuan / ton

Civil gas and automobile transportation in South China: 4310-4420 yuan / ton

Civil gas and automobile transportation in Shandong Province: 4200-4350 yuan / ton

At the beginning of April, the civil LPG market continued the rebound at the end of March and continued to rise slightly. Due to the favorable factors of the Qingming Festival holiday, the downstream market mainly entered the market to replenish goods before the festival, the manufacturers made good deliveries, and the market transaction atmosphere was mild. At the end of March, the market began to stop falling and rebound. Later, with the end of the holiday, the market price did not stop rising, but continued to be the main actor, and the rising range after the holiday was more obvious. Related products propane strong upward to bring good market is one of them. After the festival, the downstream concentrated replenishment, entering the market is relatively stable, the manufacturers ship smoothly, and the inventory is basically free of pressure. Then there is the supply side. In April, the civil gas market entered the stage of centralized maintenance. Refineries have been overhauled one after another. With the decrease of market supply, the market has also been boosted to a certain extent. Finally, there is the international crude oil market. In April, the international crude oil fluctuated frequently and with a large range, but the overall rise also brought some support to the civil gas. Under multiple positive factors, the market price of Shandong civil gas has been rising one after another.

Looking at the futures market, the LPG futures market mainly fluctuated during the period, which brought Limited benefits to the spot market. On April 12, the opening price of LPG futures contract 2105 was 3818, the highest price was 3921, the lowest price was 3760, the closing price was 3899, the former settlement price was 3807, the settlement price was 3845, up 92, or 2.42%, the trading volume was 75594, the position was 18703, and the daily increase was – 305. (quotation unit: yuan / ton)

In the future, the current market price of civil gas has risen to a relatively high level. Taking Shandong market as an example, the mainstream market price has risen to about 4200-4350 yuan / ton. With the rising price, the downstream resistance has increased, and most of them withdraw from the market and wait-and-see, and the market transaction atmosphere has become weaker than that in the early stage. In terms of international crude oil, the trend is mainly volatile, which brings limited benefits to the market. Another negative factor is that with the gradual rise of weather temperature, market demand is expected to weaken. However, most of the manufacturers’ inventories are at a controllable level. It is expected that the price of Shandong civil gas market will be strong in the short term, and there is little room for further increase in the long term.

Trade name: chloroform

Latest price (April 12): 3883 yuan / ton

Analysis points: on the 12th, the domestic price of chloroform was 3883 yuan / ton, up 2.19% from the previous day. On the one hand, there is a large demand for downstream refrigerants, and the shipment of chloroform is smooth, which is supported by the demand side; on the other hand, since late March, the price of raw material liquid chlorine has gone up, and the cost side support is strong. According to the monitoring of the business community, as of April 12, the mainstream ex factory price of liquid chlorine for tank cars in Shandong Province was around 2300 yuan / ton.

Future forecast: at present, the downstream demand is increasing, and the price of raw materials is rising. Although the overhaul of Jinling plant is completed, the overall supply side is slightly increased compared with the previous period, the chloroform industry chain is generally good, and the price is expected to continue to rise in the later period.

This week (4.6-9), the price of ethyl acetate in the domestic market rose strongly, and the ex factory price rose continuously after the festival. According to the monitoring of the business society, the production price of ethyl acetate in East China was 9400-9600 yuan / ton, up 8.13% this week, mainly due to the rising price of acetic acid in the upstream market and the favorable supply and demand.

First of all, in terms of the upstream acetic acid market, acetic acid also rose sharply after the festival. According to the monitoring of the business society, acetic acid in East China rose by 8.7%, and the prices in North China, South China and other regions rose to varying degrees, mainly due to the fact that the units in Nanjing, Tianjin and Henan are still under repair, the operating rate is low, the supply side is good, the manufacturers’ inventory continues to go down, the manufacturers’ prices have a strong rise range, and the market linkage effect is obvious Obviously.

In addition to the cost advantage, the tight supply of ethyl acetate and the moderate growth of demand are the main factors driving the market. Affected by the overhaul of large plants and the decrease of supply, the inventory of manufacturers decreased, and the reluctance to sell increased. This week’s closure of jinyimeng intensified the shortage of goods in the market. In addition to the maintenance of enterprises, the terminal performed well, especially the downstream purchasing before Qingming Festival reduced a large part of the inventory pressure, and the smooth sales after the festival accelerated the de inventory of ethyl acetate. The cost, supply and demand of ethyl acetate increased significantly.

In the future, the ethyl acetate analysts of the business community believe that the short-term ethyl acetate is still affected by the supply shortage, and the price is still strong. However, the current price is at an unprecedented high, especially at the weekend, the pace of enterprise price adjustment has slowed down, and some enterprise prices have stabilized. It is expected that the price will maintain a high level or continue to rise slightly next week.

1、 Formic acid price trend

(Figure: p-value curve of formic acid product)

2、 Market analysis

In March, formic acid market fluctuated and went up. According to the data of the business club’s block list, as of March 31, the average quotation price of formic acid enterprises was 2866.67 yuan / ton, up 10.26% compared with March 1, up 8.18% year-on-year in a three-month cycle, and up 21.99% compared with the same period last year.

In early March, formic acid market was stable and rose, and the orders and shipment of enterprises were acceptable. In the middle of this year, due to the price reduction of upstream raw materials, the support for formic acid cost was weakened, and the market price fell. In the last ten days, affected by the device failure of a manufacturer, the market supply was tight, and the market price rose.

According to the data monitoring of the business community, the price of formic acid of enterprises at the end of March was summarized as follows: the quotation of industrial grade 85% formic acid of Zhangzhou San’an Chemical Co., Ltd. was 3200 yuan / ton; the quotation of industrial grade 85% formic acid of Shandong tamasuk Chemical Co., Ltd. was 3100 yuan / ton; the quotation of industrial grade 85% formic acid of Jinan jinrihe Chemical Co., Ltd. was 3000 yuan / ton; and the quotation of industrial grade 85% formic acid of Hongmao Materials Co., Ltd. of Liaocheng transportation group was 3100 yuan / ton The quoted price is 3000 yuan / ton, and the quoted price of 85% formic acid of Jintan local industrial supply and Marketing Co., Ltd. is 3150 yuan / ton. The spot price of the merchants follows the market, and the actual transaction price is mainly through negotiation.

For upstream caustic soda, the overall price of caustic soda in March was dominant. The average market price at the beginning of the month was about 457.5 yuan / ton, and the average market price at the end of the month was about 490 yuan / ton, with a price increase of 7.1%. For upstream liquid ammonia, the supply of liquid ammonia was tight in March, and the price increase was relatively strong in the second half of the month. According to the monitoring of business society, the monthly price increase of liquid ammonia was 17.16%; for upstream sulfuric acid, the price of sulfuric acid in March showed an upward trend, with a price increase of 10.6%; for upstream methanol On March 31, the reference price of methanol was 2377.50, up 3.59% compared with March 1 (2295.00).

3、 Future forecast

According to the formic acid analysts of business news agency, in terms of recent supply, the formic acid market is rising due to the device failure of a factory. In April, the price of raw materials is mainly stable, and the downstream leather, pesticide and other industries mainly purchase formic acid on demand. With the recovery of the device, the formic acid market may be weak, so more attention should be paid to the price trend of raw materials and market information guidance.