Price Trend

The domestic butadiene market has been rising recently. As of March 26, the price of butadiene was 8,540 yuan per ton, according to business association monitoring.

II. Analysis of Influencing Factors

Products: The domestic butadiene market is rising, the Northeast supply transaction price is rising broadly, and the intermediary offer follows the upward trend. However, the downstream of the current high-price inquiry intention is low, and East China supply is still abundant, the market is temporarily difficult to have substantial transaction support, the atmosphere is relatively cautious. In terms of quotation, the offer delivered to Shandong is around 8600 yuan/ton, and East China refers to about 8600-8800 yuan/ton. The quotation is for reference only, and the actual single negotiation is the main method.

Industry chain: downstream synthetic rubber, Qilu Styrene Butadiene Rubber 1502 price in 11250 yuan / ton, Qilu Shun Butadiene Rubber market price in 11350 yuan / ton, synthetic rubber market remains weak finishing, the market is limited, short-term butadiene is still difficult to support significantly.

3. Future Market Forecast

Butadiene analysts in business associations expect that butadiene market will weaken in the short run. They suggest that attention be paid to the latest transaction guidance.

According to statistics, the domestic hydrofluoric acid price trend this week is stable and slightly low, the price at the end of the weekend is 10 775 yuan/ton, down 0.77% from the price at the beginning of the week of 10858.33 yuan/ton, down 28.84% from the same period last year.

Products: Hydrofluoric acid prices fell slightly this week, enterprises reflect the current on-site supply of hydrofluoric acid is adequate, recent on-site purchases are general, some enterprises have more hydrofluoric acid stocks, factory prices have slightly decreased, the recent start-up rate of hydrofluoric acid plant is higher, on-site supply is normal, the current mainstream of hydrofluoric acid negotiations in the southern region is 10,000-11,000 yuan/ton, the price of hydrofluoric acid in the northern market is generally low. The price ranges from 10500 to 11000 yuan per ton. Recently, the domestic market price of hydrofluoric acid has been slightly lower, but recently the downstream refrigerant industry has been gradually restarted, and the market price of hydrofluoric acid has fallen by a very limited margin. By the end of the weekend, the mainstream of domestic negotiations on hydrofluoric acid in Fujian was around 10,500 yuan/ton, the price of hydrofluoric acid in Shandong was 11,000 yuan/ton, that of hydrofluoric acid in Jiangxi was 11,000 yuan/ton, that of hydrofluoric acid in Inner Mongolia was between 10,000 yuan/ton, and that of hydrofluoric acid was mainly volatile.

Industry chain: The price trend of fluorite in the upstream of hydrofluoric acid is temporarily stable this week. The factory price of fluorite is 2920 yuan/ton by the end of the week. This week’s fluorite trend is shocking. The recent fluorite plant start-up has not changed much. On the whole, the supply of fluorite is normal, the price of fluorite has a rising trend. The rising price of raw materials in the upstream has a positive impact on the hydrofluoric acid market. The price trend of hydrofluoric acid market is positive. Shocks dominate, but the recent fluorite market has an upward trend, hydrofluoric acid market prices slightly lower. Recent upstream refrigerant industry market rise, upstream fluorite and hydrofluoric acid demand has increased, recent downstream refrigerant trading market has risen, hydrofluoric acid product price fluctuations. Recent upstream refrigerant market transactions, R22 refrigerant plant surface start-up in about 70%, R22 market device start-up rate slightly increased, the main production enterprise bulk water factory offer price is between 18500-19000 yuan/ton, but the production enterprise does not have bulk water spot, mainly a small number of cylinders shipment. In addition, the actual demand side of the market has risen, and the shipment market trend is general. The domestic market price of R134a has risen slightly, the start-up rate of production enterprises is general, the refrigerant market demand has increased, the manufacturers mainly export their products, but the on-site transaction price has not changed much, the merchants purchase on demand, and the upstream market demand for hydrofluoric acid has increased slightly. Aluminum fluoride prices of downstream products have been declining recently, with a weekend price of 11333.33 yuan/ton. The price trend has been lower. Recently, the market price of hydrofluoric acid has been slightly lower because of the bad market.

Industry: This week, the upstream raw material fluorite and hydrofluoric acid market equipment started normal, coupled with the upstream refrigerant industry trading market has risen, hydrofluoric acid market price shocks mainly.

Recently, domestic refrigerant plants have been restarted gradually. With the increasing demand for hydrofluoric acid market, the spot supply of hydrofluoric acid is normal, and the price of raw materials is on the rise. Chen Ling, a hydrofluoric acid analyst from the business association, believes that the market price of hydrofluoric acid will remain volatile next week, and the price of hydrofluoric acid will be around 11,000 yuan/ton.

Price Trend

According to the price monitoring of business associations, as of March 11, the average price of domestic methanol market was 2572 yuan/ton, and the domestic methanol market was in a general trading atmosphere.

II. Market Analysis

Products: Domestic methanol market trading atmosphere is general, regional trend is obvious. In the port area, futures shocks have fallen, and the stock pressures in the port are relatively high, which weakens the spot market. On the mainland market, some areas maintain high prices under the favorable factors such as spring inspection and environmental production restriction; partly due to the accumulation of some downstream goods, plus a larger increase in the previous period, the atmosphere of goods has weakened.

Freight: Domestic methanol freight has fallen slightly in recent days. The freight rates of Inner Mongolia North Line to North Shandong are 270-340 yuan/ton, which is 30 yuan/ton lower than that of earlier period; 300-320 yuan/ton from South Line to North Shanxi; 110-180 yuan/ton from Part Shanxi to North Shandong; 170-200 yuan/ton from Guanzhong to North Shandong and 130-210 yuan/ton from South Shandong.

Industry chain: formaldehyde: Shandong formaldehyde Market consolidation, under the influence of the two sessions and environmental protection, most downstream Linyi shut down, the market trading atmosphere weakened. Acetic acid: The domestic market of glacial acetic acid is stabilizing. Prices of individual enterprises are on the low side and goods are in good condition. Some acetic acid plants have been reduced in load and planned maintenance, and the supply has been reduced. Dimethyl ether: Dimethyl ether market continues to rise, the market atmosphere is still acceptable. The manufacturer delivers goods well and has a strong mentality of low-level inventory operation.

3. Future Market Forecast

Business Cooperatives Viewpoint: On the positive side, device: Mainland based on spring inspection and other factors, and under the influence of environmental protection policy, maintenance enterprises have increased, short-term partial supply or contraction; Spot supply: Mainland upstream enterprises maintain a low inventory, mostly foreign exchange, limited shipment; Environmental protection: Shanxi Province due to environmental protection production restrictions, supply has been tightened. Inventory: Port area inventory is still high, short-term difficult to digest; downstream demand: formaldehyde affected by the two sessions and environmental protection, partial downstream shutdown, reduced demand for raw material methanol; futures market: poor futures performance, leading to spot market decline; freight: local freight slightly fell, delivery costs reduced. Methanol analysts at business associations expect that short-term market growth will slow down, with partial or slight weakening. They also need to pay attention to on-site equipment maintenance and futures market changes.