Trade name: TDI

Latest price (April 12): 19175 yuan / ton

Key points of analysis: the average price of TDI market in East China today is 0.39% lower than that of the previous working day, and the domestic TDI market is weak. Shanghai TDI factory has reduced the negative operation, and the market supply is tight. However, due to the impact of public health events, the transportation and logistics are blocked, and the shipment of manufacturers is not smooth. In addition, the downstream demand of terminals is weak, the market purchase is limited, and the market trading atmosphere is weak. The mentality of cargo holders is mainly wait-and-see, and individual offers are sorted out downward. At present, the quotation range of dealers in East China is about 18800-19000 yuan / ton for domestic goods and about 19000-19500 yuan / ton for Shanghai goods.

Future forecast: the TDI market is weak in the later stage, and the specific attention shall be paid to the market supply and downstream follow-up.

As shown in the figure above, copper prices fell slightly on the APR 11th, with the spot price of 73720 yuan / ton, down 0.1% from the previous day, up 5.42% from the beginning of the year and up 10.47% year-on-year.

Oil prices rose, and Lun copper rebounded the following week, closing up 0.43%. Some smelters have entered the centralized maintenance period, and the import window has been closed for a long time, and the import volume of refined copper will also be low. Affected by the epidemic in the downstream, logistics and transportation are blocked, and the operating rate of copper processing enterprises in some areas has decreased significantly. With the outbreak of domestic epidemic, Limited Logistics and transportation, poor downstream transactions and weak supply and demand, copper prices are expected to remain high and fluctuate.

I Price trend

According to the monitoring data of business society, the average price of EPS ordinary materials at the beginning of this week was 11025 yuan / ton, and the average price of EPS ordinary materials at the weekend was 11025 yuan / ton. The price was stable, up 3.28% compared with the same period of the year.

II quotations analysis

At present, EPS price fluctuates, crude oil fluctuates at a high level, styrene is relatively strong, and the impact of public health events is still obvious. However, local logistics and transportation restrictions have been improved. In addition, the cost side support has been strengthened, and some terminal merchants have replenished goods in the market, and the overall transaction has improved. As of April 7, Jiangsu sample enterprises had 11100 yuan / ton of ordinary materials, up 100 yuan / ton, or 0.91%, and 12000 yuan / ton of barrier fuel, up 100 yuan / ton, or 0.84%.

Domestic styrene prices have a white line of overall rise. During the week, the spot high-end transaction in Jiangsu was about 10000 yuan / ton, the low-end transaction was 9700 yuan / ton, and the high-end and low-end price difference was 300 yuan / ton. The strong performance of the cost side this week has become the main support for the price of styrene. On the premise of sudden maintenance of Zhejiang Petrochemical, the market began to show upward sentiment.

III Future forecast

On the demand side, due to force majeure or suppression of production enthusiasm, the downstream starts or remains stable next week. It is expected that the EPS market may be weak and volatile in the short term.

Trade name: isopropanol

Latest price: 7400 yuan / ton

Key points of analysis: the domestic isopropanol market was temporarily stable on April 7. At present, isopropanol is mainly exported, and some domestic markets are affected by the epidemic and logistics are blocked. The domestic isopropanol market is light, and traders are more wait-and-see. Some manufacturers do not make external quotations and mainly export orders. Domestic isopropanol holders lack confidence and multidimensional stable operation.

Forecast: the isopropanol market will be stable in the short term.

On April 6, the domestic cobalt price fell slightly

According to the data monitoring of business agency, the domestic cobalt price rose slightly on April 6, and the cobalt Market stabilized. On April 6, the price of cobalt was 558100 yuan / ton, up 0.22% from 556900 yuan / ton on the previous trading day; The cobalt market was temporarily stable, and the cobalt price rebounded slightly.

Key points of analysis

The international cobalt price has stabilized, and the price difference at home and abroad still exists; The consumption of new energy vehicles decreased, affected by the epidemic, the installed capacity of ternary batteries decreased month on month, the demand of cobalt Market decreased, and the rising power of cobalt Market weakened. Nickel price dragged down the rise of cobalt price. Cobalt price rose too fast in the early stage, and the risk of future decline still exists.

Future forecast

The demand is weak, the cobalt market has great downward pressure, the early cobalt price rises too fast, and the risk of decline remains. It is expected that the cobalt price will rise slightly in the future.