1、 Price trend
According to the commodity market analysis system of Business Society, the market price of trichloroethylene in barrels weakened in March. On March 29th, the average market price of trichloroethylene in barrels was 6600 yuan/ton, and on March 1st, the average market price of trichloroethylene in barrels was 6840 yuan/ton. The market price of trichloroethylene in barrels decreased by 3.51% in March.
2、 Analysis and Review
The price of trichloroethylene continues to decline, and the market transaction atmosphere is light. The enthusiasm for raw material procurement has weakened, and the price of new orders is close to cost. Manufacturers have further weakened their profit sentiment, and dealers have consumed inventory, with a few temporarily leaving. The barrel prices of manufacturers in East China have slightly increased this month, but it is still difficult to boost market activity. Trichloroethylene dispersion has seen a narrow increase in price, with a price range of 4600-4900 yuan/ton in East China and a monthly increase of 100 yuan/ton; The quotation for the Southwest region is 4700-4800 yuan/ton, and the price remains stable within the month; The quotation for North China is 4700-4800 yuan/ton, and the price remains stable within the month.
The domestic market is light, and the export situation is still good. According to customs data, the total export volume of trichloroethylene from January to February was 3987.96 tons, a year-on-year increase of about 1.6%.
In terms of raw materials:
Recently, the price of calcium carbide has continued to rise. On April 1st, the benchmark price of calcium carbide in Shengyishe was 3000.00 yuan/ton, an increase of 3.45% compared to the beginning of last month (2900.00 yuan/ton). The rapid recovery of profits in calcium carbide production enterprises has boosted their enthusiasm to start production, and their supply capacity has recently shown a significant improvement.
In March, the Asian ethylene market weakened with an average CFR price of $930 per ton in Northeast Asia, a decrease of $20 per ton from the beginning of the month; The average price of CFR in Southeast Asia is $1010 per ton, and the price is stable. The domestic ethylene quotation in East China is 7500 yuan/ton, an increase of 200 yuan/ton from the beginning of the month.
The liquid chlorine market continues to rise, with factories in Shandong Province priced at 300-500 yuan/ton. Supported by the supply side, the shipment situation of enterprises is good, and the market is operating at a high level.
In terms of demand:
The quota policy for third-generation refrigerants has been implemented, and the pattern of the refrigerant industry continues to optimize. The refrigerant industry as a whole has entered a business cycle, and the price of refrigerant R134a has risen strongly in the first quarter. On April 1st, the benchmark price of R134a from Shengyishe was 30666.67 yuan/ton, which is currently operating at a high level within the year. Export demand needs to be improved, and manufacturers maintain a price stance. At present, the overall stability is maintained.
3、 Future Market Forecast
Business Society’s trichloroethylene analyst believes that the demand side of the raw material side provides good support for trichloroethylene, and it is expected that trichloroethylene loose water will steadily rise. The trichloroethylene barrel market is mainly driven by inventory consumption and operates weakly.
| http://www.pva-china.net |