1、 Price trend

2、 Market analysis

Manheim potassium sulfate: About 2650% powder; about 2750-2800% granules and 52% water-soluble powder. Report station of potassium sulfate manufacturer in water salt system: Xinjiang 51-52% powder 3100-3150; Qinghai 50% powder 2300-2380. In the northern market, the operation rate of Mannheim potassium sulfate industry is mainly stable, with only partial fine adjustment, and most of the manufacturers have no adjustment plan; the overall price quotation has declined, but the actual price change is not large for the time being, that is to say, for the time being, only the unreal high water has evaporated, while the pressure on one side is not large for the time being, on the other hand, the new price of potassium chloride is not clear, so the manufacturers are ready to Wait and see.

3、 Future forecast

In the later stage, the price trend of potassium sulphate will be mainly affected by potassium chloride. Although the pressure is relatively light, I’m afraid it will take a while before we can see whether it can improve. According to analysts of potassium sulphate of business association, the current form of potassium sulphate market is in a stable state temporarily, and the trend of potassium chloride in the later stage is specific.

1、 Price trend

In April 2020, the domestic market of cyclohexanone rose first and then fell. According to the sample data monitored by the business association, the price of cyclohexanone at the beginning of the month was 5233 yuan / ton, and the market price of cyclohexanone at the end of the month was 5320 yuan / ton, up 1.66% in the month. The price is 48.68% lower than the same period last year.

2、 Market analysis

Products: in the first ten days of the month, the raw materials and demand before the Qingming Festival are surrounded by many empty spaces. Cyclohexanone is manufactured in Shandong at 4500-4600 yuan / ton, and the market in East China is around 5000 yuan / ton. OPEC and its production reduction allies may reach a global crude oil production reduction agreement, and the market of cyclohexanone has the phenomenon of low price. After the festival, the raw material pure benzene market rose, and the solvent Market concentrated to take the goods. Driven by the cost and demand, cyclohexanone rose in a wide range. Shandong factory rose to 5800-5900 yuan / ton, and East China market offered 6200-6400 yuan / ton. In the last ten days of the month, due to the high price, the phenomenon of whether there is market price or not is more obvious. The speculation atmosphere turns to light. The market of cyclohexanone starts to fall back. The downstream chemical fiber factory adopts cyclohexanone due to cost and other factors. Under the support of a small number of chemical fiber single, the price of Shandong cyclohexanone factory slowly returns to the normal level of 4750-4800 yuan / ton. The end of the month is close to the May Day holiday. The downstream chemical fiber and solvent concentration just need to take the goods. In addition, Shandong Haili does not have the goods. Chongqing Huafeng will stop for maintenance in the second ten days of the month. The low price offer of the factory will be reduced, and the market will slightly increase. As the holiday is near, the market transaction atmosphere is flat.

Industry chain: raw materials: pure benzene: this month, the price of pure benzene rose first and then fell, and the price rise and fall roughly follow the fluctuation of crude oil. As a result of a large increase in social bottoming behavior, the number of pure benzene buying increased significantly, showing a rapid rise and slow decline as a whole.

Caprolactam: crude oil prices rebounded briefly and strongly in early April on optimistic expectations for OPEC + production reduction negotiations. However, due to the fact that the price of domestic commodity market has basically fallen to the historical low, low price attracts the advantage of superimposed cost end, which leads to the mood of bottom reading in the market. First, the downstream PA6 conventional spinning chips actively copied the bottom. After the chips of the polymerization plant were oversold, caprolactam was concentrated. In addition, pure benzene rose with the price of crude oil, caprolactam was benefited by both cost and demand, and the market followed the rebound. In the middle of the year, the atmosphere of downstream conventional spinning and slicing was cooled. However, the high market heat of mask ear band boosted the demand for high-speed spinning and slicing, once again supporting caprolactam. In addition, at that time, sanning, Juhua and stone refining units were shut down for maintenance. Under the condition of tight supply, caprolactam rose to a high of 9000 yuan / ton for the second time.

Industry: according to the price monitoring of the business agency, in April 2020, there are 39 kinds of commodities in the list of rise and fall of bulk commodity prices in the chemical industry sector, including 26 kinds of commodities with an increase rate of more than 5%, accounting for 29.2% of the number of commodities monitored in the sector; the top three commodities with an increase rate are acetone (77.02%), acrylic acid (21.76%) and hydrogenated benzene (20.86%). There are 45 kinds of commodities falling on a month on month basis, 21 kinds of commodities falling by more than 5%, accounting for 23.6% of the number of commodities monitored in the sector; the top three products falling are ethylene (- 31.64%), butadiene (- 24.14%) and hydrochloric acid (- 22.37%). This month’s average rise and fall was 0.37%.

3、 Future forecast

On the cost side, it is expected that the overall performance of pure benzene in May will be warmer than that in April due to the improvement of downstream operation rate, and the market mentality will be better. The industry has a good intention to purchase pure benzene in May and June, which will help the price of pure benzene rise after the festival in early May. In the second half of the month, considering the shortage of port inventory, and the subsequent centralized arrival of imported goods will cause shipping pressure on the pure benzene in the reservoir area, and the price may be restrained. On the supply side, in the near future, Chongqing Huafeng plans to restart, Shandong Haili will not be exported temporarily (for a short time), Jiangsu Haili Dafeng plans to restart in the middle of May, Fujian Shenyuan phenol to cyclohexanone plant plans to stop in May, and the market spot supply is expected to increase slightly. From the perspective of demand, it is expected that the price difference between cyclohexanone and pure benzene is still in the range of hydration oxidation production cost, and the profit of oxidation process is low or small loss. It is expected that there will still be a small number of chemical fiber sheets purchased due to high production cost in May, and the market demand for solvents is limited. Analysts of cyclohexanone in the business community predict that it is still difficult to get rid of the oversupply of cyclohexanone in the spot market in May, with specific attention to the raw material pure benzene market.

1、 Price trend:

According to a large number of data on the list of business agencies, the domestic ABS market fluctuated in April, and the amplitude of spot price adjustment was not large. As of Thursday, April 30, the main offer price of general-purpose ABS was about 10650.00 yuan / ton, 1.84% lower than the average price on April 1.

2、 Analysis of influencing factors:

Industry chain: ABS upstream, styrene market continued to decline in early April last month. March by crude oil chemical negative news negative, cost side weak drag on styrene prices. In addition, public health events led to increased panic in Europe and the United States, and the market fell sharply. In the middle of the year, the styrene market was mainly in shock performance, with a slight decline overall. On the whole, the market lacks strong support points. Styrene is expected to be oversupplied in May, but crude oil has a greater impact on the styrene industrial chain. The trend of international crude oil is quite volatile, and the overall oil price is unstable, but there is still a possibility of rebound. It is expected that styrene will be mainly consolidated with weak shocks, and the market demand will pay close attention to the trend of crude oil price;

The market trend of acrylonitrile this month is general. At the beginning of the month, new production capacity was put into production and inventory pressure was transmitted, and the negative market dominated. The downstream return rate is still lower than that before the festival, and the load is generally not high. Large scale stock of goods is naturally less and demand is weak. In addition, affected by the external market, the price further narrowed, and the price of acrylonitrile stabilized by the middle of the year. The end of the month is close to the traditional maintenance peak season, and some enterprises in the site have plans to reduce production to ease the supply pressure. But at present, the mentality of the industry is still wait-and-see, and the market lacks direction;

The domestic butadiene market price fell this month, with a large drop in the first and middle of the month. In terms of demand, the downstream inquiry atmosphere was low, the butadiene merchants had a large resistance to delivery, dragging down the price pressure of suppliers, and the overall market focus continued to fall. In the middle of the year, the disk surface was gradually stable and the horizontal disk was running. In terms of external market, European market supply is under pressure, and the inventory of downstream rubber industry is high. At present, the domestic butadiene is abundant in spot supply, but some manufacturers have maintenance plans for their devices, the supply pressure has been eased, and the downstream takes goods cautiously;

3、 Future forecast:

Business analysts believe that: the ABS market in April was operating in a narrow range of shocks, and the spot prices of various brands rose and fell, and the amplitude was not large. Cost side of the upstream three short-term trend are general, the cost of support ambiguous. At present, the spot supply of ABS is relatively sufficient, but the downstream demand is weak and the contradiction between supply and demand is increasing. The business mentality is not strong. Negative still dominates, and it is expected that domestic ABS prices will continue to be weak in the near future.

According to statistics, the price trend of domestic ammonium nitrate market fell slightly in April. By the end of the month, the market price of ammonium nitrate was 2300 yuan / ton, down 0.43% from 2310 yuan / ton at the beginning of the month, up 13.11% year on year.

In April, the price trend of domestic ammonium nitrate market fell slightly. In April, some domestic ammonium nitrate manufacturers restarted their facilities. In the near future, the supply of goods in the market is normal, and the domestic price trend declined slightly due to the increase of supply. In the near future, the market of ammonium nitrate manufacturer’s shipment is general, and the downstream is purchased on demand. In the near future, the trend of downstream nitro compound fertilizer is stable. The domestic downstream civil explosive industry still stops production a lot. The domestic ammonium nitrate manufacturer’s commencement has increased, and the market price of ammonium nitrate has slightly dropped. Up to now, the negotiation mainstream in Shaanxi is 2100-2400 yuan / ton, that in Shandong is 2000-2300 yuan / ton, and that in Hebei is 2200-2600 yuan / ton.

In April, the price of concentrated nitric acid in China fell sharply. By the end of the month, the average price of nitric acid in China was 1466.67 yuan / ton, down 8.33%. Jiangsu Hongze Yinzhu Chemical Co., Ltd. offers 1400 yuan / ton; Anhui Jinhe offers 1300 yuan / ton; Shandong helitai offers 1700 yuan / ton. Anhui Aodeli offers 1500 yuan / ton; Wenshui County synthetic chemical offers 1700 yuan / ton. In the near future, the operation of domestic maintenance devices is stable, the market supply of concentrated nitric acid is sufficient, and the situation of on-site delivery is general. In April, the market price of nitric acid dropped sharply, and the price of raw material nitric acid fell, which is the negative impact of the market of ammonium nitrate, and the market price of ammonium nitrate fell slightly.

The price of liquid ammonia in the upstream market fell in April, down 3.11% in April. In April, the rebound market in domestic liquid ammonia market has stopped abruptly. At present, most regions show a trend of high-level decline. On the one hand, the high start-up rate of manufacturers in the early stage has accumulated a large amount of inventory. At present, the manufacturers have the intention of destocking. On the other hand, the spring farming season has passed, and the downstream demand has stabilized, unable to continue to drive the rise of liquid ammonia Market, and the downstream nitrogen fertilizer manufacturers purchase more In March, it slowed down obviously, most of which were purchased on demand. At present, the supply and demand of the market is in the balance stage, and the market price of liquid ammonia is lower. Due to the fall of the upstream market price of liquid ammonia, the market price trend of ammonium nitrate is slightly lower.

In the near future, the demand of the downstream civil explosive industry is general, and the market demand for ammonium nitrate is normal. In addition, the market price of raw material liquid ammonia falls sharply, which loses certain cost support for the market price of ammonium nitrate. Ammonium nitrate analysts of the business association believe that the market price of ammonium nitrate may continue to decline in the later period.