Trade name: acetic acid

Latest price (March 7): 4322 yuan / ton

Key points of analysis: today, the price of acetic acid is up, and the average market price in East China rose by 0.93% in a single day. Last weekend, individual manufacturers in the domestic acetic acid market rose. On Monday, the industry waited and waited for the market news. The rise of upstream raw material methanol has a great impact on the rise of domestic acetic acid price. The upward adjustment range is about 50-100 yuan / ton, and the market is up. The operating rate of acetic acid industry is on the high side, the market supply is sufficient, the downstream demand is gradually restored, and the market is mainly negotiated.

Future forecast: the short-term acetic acid market may rise slightly, with specific attention to the market supply.

1、 Price trend

According to the monitoring data of business society, the price of caustic soda was weak this week. At the beginning of the week, the average price of Shandong market was 1087.5 yuan / ton, and at the weekend, the average price of Shandong market was about 1022.5 yuan / ton. The price fell by 5.98%, and the price increased by 121.08% compared with the same period last year. On March 3, the caustic soda commodity index was 147.12, down 4.32 points from yesterday, down 44.58% from the highest point 265.47 in the cycle (2021-10-27), and up 125.96% from the lowest point 65.11 on October 9, 2020. (Note: the period refers to the period from September 1, 2011 to now)

2、 Market analysis

Caustic soda prices are weak this week. The average price in Shandong is about 1050-900 tons / market. The mainstream ex factory quotation of 32% liquid alkali in Hebei is about 870-1200 yuan / ton. The market supply pressure is large, and the shipment of enterprises is slower than before.

According to the price monitoring of the business society, in the list of price rise and fall of chlor alkali industry in the 8th week of 2022 (2.21-2.25), there were 1 kind of goods rising, 2 kinds of goods falling and 2 kinds of goods falling to 0. The main commodities rising are: hydrochloric acid (1.53%); The main commodities falling were caustic soda (- 2.43%) and PVC (- 2.31%). The average rise and fall this week was – 0.64%.

Business analysts believe that recently, the inventory pressure of caustic soda manufacturers is large, the demand of downstream alumina enterprises is weaker than before, and the demand of downstream alumina is general. It is comprehensively expected that the follow-up weak operation of caustic soda is mainly based on the demand of downstream market.

1、 Price trend

Latest price (March 3): 10040 yuan / ton

Key points of analysis: according to the data monitoring chart of business agency, on March 3, the market price of phosphoric acid was 10040 yuan / ton, unchanged from the previous day, with a year-on-year increase of 97.42%. At present, the price of raw yellow phosphorus has increased and the cost support has been strengthened, but the downstream demand has been slow, so the market has been restrained. Up to now, the price of raw yellow phosphorus is 38000-40000 yuan / ton, The market price of phosphoric acid is about 10000-12000 yuan / ton.

The phosphoric acid market is expected to be stable and bullish in the short term.

1、 Trend analysis

According to the nickel price monitoring of business society, spot nickel rose slightly on the 2nd. The spot price of nickel was reported at 183216.67 yuan / ton, up 1.83% from the previous trading day and 31.81% year-on-year.

The situation in Russia and Ukraine was chaotic, the interruption of transportation exacerbated supply concerns, and Lun nickel soared 4.64% overnight. Lun nickel inventory is low, and Russian nickel has shifted from Europe and the United States to China. In the spot market, the carrier ships at a high price, the receiver purchases on demand, the trading atmosphere is light, and the transaction is biased. The geopolitical situation in Russia and Ukraine has intensified, raising the risk of inflation and supply interruption, boosting the price of non-ferrous commodities, while the domestic economy remains flexible and boosting market expectations. It is expected that the nickel price will still fluctuate in a wide range in the short term.

1、 Price trend

Latest price (March 1): 8480 yuan / ton

Key points of analysis: according to the data monitoring chart of business agency, the average domestic spot price of pvc5 was 8480 yuan / ton on March 1, up 0.36% from the previous trading day and down 3.09% year-on-year. At present, the macro atmosphere has weakened, and the fundamentals of PVC have not changed greatly. The low-end price of PVC market has increased, and the market is stable as a whole. The transaction atmosphere has improved with the continuous recovery of demand, but the transaction at high prices is still not smooth. At present, the price of raw calcium carbide is about 4050-4150 yuan / ton, and the price of PVC is 8250-8750 yuan / ton.

The PVC market is expected to be stable with small fluctuation.