1、 Price trend

According to commodity data monitoring, the price of yellow phosphorus in Yunnan and Guizhou increased this month. The average price of yellow phosphorus was 32250 yuan / ton at the beginning of the month and 37666.67 yuan / ton at the end of the month. The price increased by 16.8% during the week.

2、 Market analysis

The price of Yunnan Guizhou yellow phosphorus increased this month. The overall market trading situation is acceptable. It is reported that the electricity price in Yunnan may be slightly increased by 2-3 points in March, with strong cost support. At present, there are many downstream inquiries, and the acceptance of high price yellow phosphorus is acceptable. In addition, the yellow phosphorus market is affected by the news of line failure in Yunnan recently, and the yellow phosphorus price rises one after another near the end of the month. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 38000 yuan / ton; The mainstream quotation in Sichuan is about 38000 yuan / ton; The mainstream quotation of yellow phosphorus in Guizhou is about 37000 yuan / ton.

The phosphate ore market in the lower reaches is basically quiet, and the phosphate ore market is closed in February. The phosphate ore market in the lower reaches is basically quiet. In the late stage, the downstream demand for phosphate rock has gradually recovered, and the supply in the phosphate rock yard is still tight. On the 18th, some mining enterprises in Guizhou took the lead in raising the price of medium and high-end phosphate rock, of which the price increase of 30% phosphate rock freight plant is about 10-30 yuan / ton, and the price of 30% phosphate rock freight plant in Guizhou is about 650-700 yuan / ton, The market price of 28 grade phosphorus ore is basically the same as that before the festival, with reference to around 580-630 yuan / ton. At present, the overall high level of phosphorus ore market is dominated by good operation. Phosphorus ore analysts of business society believe that in the short term, most of the domestic phosphorus ore market will continue to operate at a high level and firmly, and more attention needs to be paid to the news changes of supply and demand.

In terms of coke, according to the data monitoring of business society, the average price of coke is 2794 yuan / ton. This month, the coke market operated strongly, and the first round of increase basically landed, with a cumulative increase of 200 yuan / ton. Northeast China took the lead in accepting this round of increase, and other regions basically landed on Friday, boosting the mentality of coking enterprises. In terms of supply, coking enterprises have started to operate slightly recently, and the shipment situation is good. At present, most coking enterprises operate with low inventory, the order situation is good, and the supply is slightly tight. In terms of demand, with the end of the Winter Olympic Games and the end of the heating season, the procurement demand of steel mills began to recover, the stock demand began to release, and the demand for coke was good.

In terms of phosphoric acid, the phosphoric acid market continued to decline in the first half of February, and began to stop falling and rise in the second half of February, rising to the level at the beginning of the month. According to the monitoring of business agency, the current quotation in Sichuan is 9500-10000 yuan / ton, that in Yunnan is about 9000-9500 yuan / ton, that in Hubei is 10500-11000 yuan / ton, that in Shandong is 10500-11500 yuan / ton, and that in Jiangsu is 9500-12000 yuan / ton. According to phosphoric acid analysts of business society, at present, the price of raw materials has risen, the cost support has been strengthened, and the downstream demand has been actively restored after the Winter Olympic Games, which is good to support the rise of phosphoric acid market. It is expected to rise steadily in the short term.

3、 Future forecast

The yellow phosphorus analyst of the chemical branch of the business agency believes that on the whole, the price of yellow phosphorus has risen sharply this month. The price of upstream phosphate rock will rise, the price of Coke will rise, and the electricity price may rise slightly in March, with strong cost support. The price of downstream phosphoric acid rebounded and rose, and the inquiry increased, mainly in need of replenishment. It is expected that the price focus of yellow phosphorus will be upward in the short term.

Price trend

According to the bulk list data of business society, the domestic POM market rose in February, and the spot price rose. As of February 24, the ex factory price reference offer of POM injection molding sample enterprises of business society was about 22200.00 yuan / ton, with an increase or decrease of + 5.88% compared with the average price level at the beginning of the month.

Cause analysis

Industrial chain: upstream, in February, the market price of formaldehyde in Shandong Province rose on the whole. There was a big rise after the first week of the Spring Festival, and it fluctuated slightly in the past two weeks. As of February 23, the mainstream market price in Shandong is 1250-1350 yuan / ton. In February, formaldehyde enterprises started construction one after another after the year. In the early stage, the operating rate was low, the market supply was slightly tight, and the formaldehyde market rose. After the manufacturers started construction one after another in the later stage, the shipment was stable, the market trading atmosphere was acceptable, and the market showed a fluctuating upward trend. At the end of the month, there is a certain cost support for domestic methanol. It is expected that the price of formaldehyde in Shandong will rise slightly in the short term.

The upstream formaldehyde is stronger, and the cost side of POM is firmly supported. In terms of industrial load, the domestic POM operating rate increased in February, and the overall load increased from more than 70% to 80%, but the market supply is still partially tight. The inventory pressure of enterprises is small, the mentality of merchants is OK, and the offer is generally high. The market price at the end of the month is between 23000 yuan / ton and 25000 yuan. The load of downstream enterprises was concentrated after the Lantern Festival. The increase of just needed volume and the shutdown and maintenance of Tianye Chemical lifted the POM spot price. However, buyers have a strong resistance to high-priced goods, a strong wait-and-see atmosphere, weak buying in the venue, no large-scale replenishment, and weak trading.

Future forecast

Business analysts believe that: in February, the domestic POM market continued to rise, the upstream formaldehyde market rose, and the cost support of POM was stable. The on-site supply continues to be tight, and the merchants’ mentality is relatively stable. The downstream demand performance is acceptable, and the order flow of high price goods is poor. It is expected that the POM price may remain high in the short term.

According to the data monitored by the business agency, as of February 22, the average quotation price of domestic premium DMF enterprises was 16000.00 yuan / ton. The price of DMF fluctuated upward this week, down 4.33% compared with the same period last week. The trend of DMF is weak in the short term.

This week, the DMF market fell in a narrow range, the price fell in a narrow range, and the focus of negotiation was low. Compared with the same period last week, the price fell by 4.33%. At present, the manufacturer has positive shipments, general inventory, stable operating rate, no pressure on inventory, and the downstream just needs to purchase.

Upstream methanol is mainly stable. The offer price of methanol in southern Shandong is 2650 yuan / ton. The factory provides cash exchange nearby. Linyi receives local goods for negotiation, and the price is 2600-2630 yuan / ton. The price of logistics goods is low. The atmosphere of negotiation was general.

Chemical commodity index: on February 21, the chemical index was 1154 points, down 4 points from yesterday, down 17.57% from the highest point of 1400 points in the cycle (2021-10-23), and up 92.98% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to the period from December 1, 2011 to now)

Business agency DMF analysts believe that: in the short term, the trend of DMF is stable, stable and strong. (to know more about the latest industry market trends, welcome to pay attention to the official account of the business community, obtain commodity information, and grasp the price of commodities).

According to the monitoring data of business agency, the hydrogen peroxide market rose and fell in February, mainly oscillating and falling. At the beginning of February, the average price of hydrogen peroxide in the market was 786 yuan / ton. On February 22, the average price of hydrogen peroxide in the market was 773 yuan / ton, down 1.7%.

Terminal demand is general, and the rebound of hydrogen peroxide Market in February is weak

After the Spring Festival, the hydrogen peroxide market continued to remain depressed. The terminal printing and paper industry has not fully resumed work, and the demand for hydrogen peroxide procurement is general. In addition, during the Spring Festival, hydrogen peroxide enterprises started normally, the supply was loose, and the hydrogen peroxide market was weak. On February 11, the average price of hydrogen peroxide in the market was 756 yuan / ton, and the price fell by more than 3.8%.

After the middle of the month, the demand for hydrogen peroxide purchased by the terminal paper industry and printing industry is general, and the hydrogen peroxide market rises and falls, showing a short rebound. Due to the excessive decline in the early stage, the hydrogen peroxide is weak, and the overall decline is mainly, with a decline of nearly 2%.

The hydrogen peroxide Market of some domestic manufacturers on February 22 is as follows:

Luxi Chemical hydrogen peroxide quoted 660 yuan / ton, down 40 yuan / ton from the beginning of the month; Hebei Zhengyuan hydrogen peroxide quoted 660 yuan / ton, down 660 yuan / ton from the beginning of the month; The quotation of hydrogen peroxide of Anhui Quansheng chemical is 950 yuan / ton, which is the same as that at the beginning of the month.

Business community hydrogen peroxide analyst Li Bing believes that the terminal performance is poor, and the future market of hydrogen peroxide will still be weak.

1、 Price trend

According to the bulk list data of business society, the average ex factory price of 55% powdered monoammonium was 3100 yuan / ton on February 14 and 3100 yuan / ton on February 18. The price of monoammonium phosphate was stable this week.

According to the bulk list data of business society, the average ex factory price of 64% diammonium phosphate was 3620 yuan / ton on February 14 and 3620 yuan / ton on February 18. The price of diammonium phosphate was stable this week.

2、 Market analysis

The market of monoammonium phosphate is generally optimistic this week. The price of raw materials rises and the cost side is pressurized. The downstream purchases on demand, the trading atmosphere on the floor is good, and the manufacturer intends to increase the price. At present, the factory quotation of 55% powdered ammonium in Anhui is about 3300 yuan / ton, that in Henan is about 2900 yuan / ton, and that in Central China is 3000-3100 yuan / ton. The actual transaction is negotiated.

The market of diammonium phosphate is strong this week. At present, there are many pre-sale orders for diammonium, and the waiting volume is still sufficient. Some enterprises suspend receiving orders and mainly issue early orders. At present, the winter storage market is improving, and there is no sales pressure for the time being. The mainstream factory quotation of 64% diammonium in Hubei is 3600-3650 yuan / ton, and the outbound quotation of 64% diammonium in Bayuquan is 3700-3750 yuan / ton. The actual transaction is negotiated.

The price of raw phosphate rock rose this week. Some domestic phosphate ore enterprises in Guizhou have raised the prices of medium and high-end phosphate ore factories by 10-30 yuan / ton. After adjustment, the quotation of 30% phosphate ore factories in Guizhou is around 650-700 yuan / ton. The market price of 28 grade phosphate ore is basically the same as that before the festival. With reference to the price of 580-630 yuan / ton, the phosphate ore market in Guangxi operates smoothly, The factory price of 30% grade phosphate rock is around 650-680 yuan / ton.

3、 Future forecast

The ammonium phosphate analyst of business society believes that at present, due to the rising price of ammonium phosphate raw materials and the continuous pressure on the cost, the manufacturers have obvious intention to increase, and the winter storage market of ammonium phosphate is advancing steadily and well. Under the double positive influence of cost support and large waiting volume, the price of ammonium phosphate is expected to rise steadily in the short term.

1、 Price trend

According to commodity data monitoring, titanium dioxide prices remained stable this week. The average price of titanium dioxide in China is 20800 yuan / ton.

2、 Market analysis

The titanium dioxide market is basically stable this week. Titanium dioxide is mainly exported to the market, and the manufacturer mainly sends early orders. The inventory is low, the trading situation in the domestic market is OK, traders are more cautious in taking goods, wait and see more, and the downstream purchases more on demand. Up to now, the factory quotation including tax of domestic rutile titanium dioxide is 2000-21600 yuan / ton; The ex factory quotation of anatase titanium dioxide including tax is between 18000-19500 yuan / ton. The actual transaction price is subject to single negotiation.

In terms of titanium concentrate, the market price of titanium concentrate in Panxi area was basically stable this week. The market situation of titanium ore is acceptable. The supply of goods in China mineral market is relatively tight, and the inventory is low. The downstream titanium dioxide enterprise market mainly purchases on demand. At present, the titanium ore market is more wait-and-see, manufacturers send more early orders, and the overall market is dominated by high-level operation. Up to now, the tax free quotation of 38 grade titanium ore is about 1550 yuan / ton, that of 46 grade 10 titanium ore is about 2350-2420 yuan / ton, and that of 47 grade 20 ore is about 2450-2500 yuan / ton. In the short term, the price of Panxi titanium concentrate will continue to be high and firm, and the actual transaction price will be negotiated.

In terms of sulfuric acid, up to now, the average price of domestic sulfuric acid is 793.33 yuan / ton. This week, the price of domestic sulfuric acid market rose, the cost support was good, some sulfuric acid manufacturers were under started, the load was reduced, the market prices of formic acid and bromine in the downstream stopped falling and rebounded, and the enthusiasm for downstream procurement was enhanced. It is expected that the price of domestic sulfuric acid market may rise slightly in the near future.

3、 Future forecast

Titanium dioxide analysts of business society believe that at present, the stable operation of titanium dioxide market is the main factor. In terms of raw materials, the price of titanium concentrate is relatively strong, the market of sulfuric acid is rising, and the support is acceptable. It is expected that the titanium dioxide market will run steadily and well in the short term.

From February 10 to February 17, 2022, the bidding price of crude benzene increased slightly, from 6487 yuan / ton last weekend to 6493 yuan / ton this weekend, with a weekly increase of 0.09%.

Summary of price adjustment of Sinopec pure benzene (unit: yuan / ton)

Date, Adjusted price, Adjustment amount

January 11, 7400.,+100

January 14, 7550.,+150

January 19, 7700.,+150

February 7, 8100.,+400

February 11, 7950.,-150

On February 11, 2021, the listing price of pure benzene of Sinopec was reduced by 150 yuan / ton to 7950 yuan / ton, and that of Qilu Petrochemical was 7900 yuan / ton.

Crude oil: on February 16, the price of international crude oil futures rose. The settlement price of the main contract of WTI crude oil futures in the United States was US $93.66/barrel, up US $1.59 or 1.7%, and the settlement price of the main contract of Brent crude oil futures was US $94.81/barrel, up US $1.53 or 1.6%. US Energy Information Administration (EIA) data showed that US fuel demand hit a record high, and oil prices were boosted upward.

In the first week after the festival, with the joint support of crude oil and pure benzene, the bidding price of crude benzene increased significantly by 370 yuan / ton. Crude oil prices fluctuated significantly this week, especially on Tuesday, February 15, when international crude oil futures prices fell sharply. WTI settled at US $92.07/barrel, down US $3.39 or 3.6%. The sharp decline of crude oil affected the market mentality, while the affected price of pure benzene fell again, and the price of hydrogenated benzene fell. On Wednesday and Thursday, the bidding of crude benzene in major regions in China began. Affected by the fundamentals, the bidding price of this round has not changed much, and the adjustment range in most regions is around 10 yuan / ton. Among them, the mainstream price in Shandong is 6570 ~ 6575 yuan / ton, which is 10 yuan / ton lower than the last bidding price.

In the future, the downstream demand of fundamentals is OK, but the correction of pure benzene market and the impact of production restriction of the Winter Olympic Games increase the negative factors, the demand for crude benzene is expected to decrease in the future, and the trend of crude benzene is dominated by shock.

1、 Price trend

According to the data monitored by the business agency (the average ex factory price of carbide SG5), the average price of domestic PVC mainstream was 8870 yuan / ton on February 15, up 410 yuan / ton compared with 8460 yuan / ton at the beginning of the month, up 4.58% in half a month and 20.68% compared with the same period last year.

2、 Market analysis

After the Spring Festival, the market price of PVC rose sharply, with an increase of about 5% in half a month, and the market stopped rising and turned down this week. The rise of the current round of market is mainly due to the rise of crude oil during the Spring Festival. The good macro atmosphere boosted the market sentiment. The futures price rose sharply above 9500, driving the spot higher, and the industry has a good mentality. At present, the PVC manufacturers have started steadily, but the festive atmosphere has not retreated, the downstream market has not fully recovered, the transaction at high prices is general, the social inventory is still in the positive accumulation, and the fundamentals are weak. Therefore, the driving force for the continuous rise of PVC is insufficient, and the price is stable, medium and down. As of the 15th, the price of raw calcium carbide fell to around 4050-4250 yuan / ton. The quotation range of domestic pvc5 calcium carbide enterprises is mostly around 8700-9000 yuan / ton. The price of pvc5 calcium carbide delivered in Tianjin is 8850-8950 yuan / ton, the mainstream price of PVC ordinary calcium carbide in Guangzhou is 9000-9150 yuan / ton, and the mainstream price of PVC ordinary calcium carbide in Changzhou is 9000 yuan / ton, Domestic market prices have fallen steadily.

It can be seen from the weekly rise and fall from November 22, 2021 to February 13, 2022 that the domestic PVC cycle rose and fell with each other. The largest decline was 2.71% in the week of November 29, which continued to the end of December. J prices rose steadily in 2022, especially after the spring Festival, and rose by 3.84% in the week of February 7.

For the external price, the price of PVC in Asia rose last week, CFR China rose by 40 to 1300 US dollars / ton, CFR Southeast Asia rose by 20 to 1310 US dollars / ton, and CFR India rose by 30 to 1540 US dollars / ton.

International crude oil, on February 14, the price of international crude oil futures rose sharply. The settlement price of the main contract of WTI crude oil futures in the United States was US $95.46/barrel, up US $2.36 or 2.5%, and the settlement price of the main contract of Brent crude oil futures was US $96.48/barrel, up US $2.04 or 2.2%. Oil prices rose sharply for two consecutive trading days, hitting a new high for more than seven years, mainly due to the escalation of tensions between Russia and Ukraine; In addition, the actual output increase of OPEC + does not meet the target, which aggravates the concern of global energy supply shortage.

Ethylene, the overall market price of external ethylene rose. Ethylene prices in Asia rose. As of the 14th, CFR Northeast Asia closed at US $1206-1216 / ton and CFR Southeast Asia closed at US $1186-1196 / ton. European ethylene market fell. As of the 14th, FD northwest Europe closed at US $1255-1265 / ton and CIF northwest Europe closed at US $1255-1265 / ton.

On February 15, the reference price of calcium carbide was 4150.00, a decrease of 1.97% compared with February 1 (4233.33). The price of raw material orchid charcoal was adjusted at a high level. Shenmulan charcoal is currently about 1700-1800 yuan / ton, and the cost support of calcium carbide is general. The downstream PVC market has continued to rise recently, and downstream customers have increased their enthusiasm for calcium carbide procurement. On the whole, the upstream support of calcium carbide is general, and the downstream demand is good. In the future, it is expected that the factory price of calcium carbide in Northwest China may fluctuate slightly.

3、 Future forecast

PVC analysts of business society believe that at present, the PVC manufacturers have started steadily, but the festive atmosphere has not retreated, the downstream market has not fully recovered, and the transactions at high prices are general. It is expected that the PVC market may continue to be stable, medium and down.

Zinc prices rose slightly this week

According to the data monitoring of business society, the replenishment of zinc stock in the zinc market increased after the festival, and the zinc price rose slightly. As of February 14, the price of zinc was 25616 yuan / ton, down 1.03% from 25354 yuan / ton on February 1 at the beginning of the month. After the festival, the demand for replenishment by customers increased, and the zinc price fluctuated and rose.

Zinc ingot inventory in Shanghai futures market increased sharply

time . Futures inventory . Increase or decrease

February 7 fifty-six thousand six hundred and eighteen 0

February 8 fifty-eight thousand and seventy-seven one thousand four hundred and fifty-nine

February 9 sixty-four thousand and eighty-one six thousand and four

February 10 sixty-seven thousand three hundred and forty-seven three thousand two hundred and sixty-six

February 11 seventy-four thousand six hundred and fifteen . seven thousand two hundred and sixty-eight

February 14th . eighty-nine thousand two hundred and sixty fourteen thousand six hundred and forty-five

According to the zinc ingot inventory data sheet of Shanghai futures market, as of February 14, the zinc ingot futures inventory of Shanghai futures market was 89260 tons. After the festival, the Shanghai Futures inventory increased greatly, the supply of zinc market was sufficient, the support for the rise of zinc price was weakened, and the rise of zinc price was weak.

Future forecast

Business analysts believe that the replenishment of downstream customers after the festival has promoted the price rise of zinc market. However, due to the large increase of zinc ingot inventory in Shanghai futures market, the supply of zinc market is sufficient, the support for the rise of zinc price is insufficient, and the rise of zinc price is limited. With the end of replenishment, the downward pressure of zinc price increases, and it is expected that the zinc price will fluctuate and fall slightly in the future.

1、 Price trend:

According to the bulk list data of business society, the domestic market of PA6 rose in early February, and the spot prices of various brands rose as a whole. As of February 11, the mainstream offer price of the sample enterprises for China viscosity 2.75-2.85 was about 16366.67 yuan / ton, up or down by + 1.87% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

Industrial chain: the price of raw material caprolactam rose this week. At present, the high level of raw material pure benzene is strong and the cost support is good. During the week, the market transaction atmosphere was good, the manufacturer’s supply was stable, the downstream procurement began to follow up, and the overall market situation was strong. The price of caprolactam is expected to rise steadily in the short term.

The price of caprolactam in the upstream increased by a narrow margin, and the cost side support of PA6 strengthened slightly. The operating rate of PA6 polymerization plant in China is relatively stable. Before the festival, there were good supply side benefits brought by the maintenance of some enterprises, but at present, most of them are the production and delivery of contract orders, and the good supply side in the early stage is not significantly reflected. After the festival, downstream enterprises have successively entered the restart stage, and the demand in some areas has increased. The inventory position of terminal enterprise PA6 is not high, but the purchase operation is mainly based on rigid demand.

3、 Future forecast:

Business analysts believe that the spot price of PA6 rose after the festival, the trend of caprolactam increased by a narrow margin, and the cost support of PA6 is acceptable. After the festival, the terminal demand is gradually expanded, but the buyer camp has resistance to the high price supply, and it is expected that the PA6 market may weaken in the short term.