Trade name: epichlorohydrin

Latest price (May 12): 18633.33 yuan / ton

On May 12, the epichlorohydrin market was mainly stable, flat compared with the previous trading day and down 1.93% compared with the price on April 12. At present, the cost support of propylene method is limited, the cost pressure of glycerol method still exists, there is no inventory pressure on the supply side, the demand side follows up generally, the downstream procurement enthusiasm is not high, the market atmosphere is light, and it is mainly cautious to wait and see.

It is expected that in the short term, the market of cyclopropane may be consolidated and operated stably.

According to the bulk list data of business society, as of May 11, 2022, the average price of diethylene glycol in the domestic market was 4900 yuan / ton. Compared with the price on May 6, 2022 (the reference price of diethylene glycol was 5050 yuan / ton), the price was reduced by 150 yuan / ton, a decrease of 2.97%. Compared with the price on May 1, 2022 (the reference price of diethylene glycol is 4986 yuan / ton), the price is reduced by 86 yuan / ton, a decrease of 1.74%.

It can be seen from the data monitoring of business society that the diethylene glycol market is rising after May Day. After entering this week, the overall market situation moved downward. On the 10th, the quotations of some diethylene glycol suppliers were adjusted downward, with a reduction range of 50-200 yuan / ton. The difference between high and low prices in the venue was widened, the wait-and-see atmosphere was strong, the downstream buying was cautious, the trading atmosphere was general, and the actual transaction was mainly based on negotiation. As of May 11, the domestic diethylene glycol market price is around 4800-5300 yuan / ton, and the low-end price is around 4500 yuan / ton.

At present, the diethylene glycol market has been consolidated and operated stably as a whole after the decline, and the downstream demand is dominated by multi-dimensional rigid demand. The diethylene glycol data division of business society believes that in the short term, the diethylene glycol market will be mainly adjusted and operated in a narrow range, and more attention should be paid to the news changes of cost and demand.

On May 10, the rare earth index was 819 points, up 15 points from yesterday, down 18.67% from 1007 points (2022-02-24), the highest point in the cycle, and up 202.21% from 271 points, the lowest point on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now)

The trend of domestic rare earth index rose sharply, the price trend of domestic light rare earth praseodymium neodymium series rose, the price of praseodymium neodymium oxide rose by 30000 yuan / ton to 902500 yuan / ton, the price of praseodymium neodymium metal rose by 35000 yuan / ton to 1.1 million yuan / ton, the price of praseodymium oxide rose by 10000 yuan / ton to 920000 yuan / ton, the price of neodymium oxide rose by 20000 yuan / ton to 935000 yuan / ton, and the price of metal praseodymium rose by 10000 yuan / ton to 1205000 yuan / ton, The price of neodymium metal increased by 30000 yuan / ton to 1.135 million yuan / ton, dysprosium oxide increased by 20000 yuan / ton to 2.635 million yuan / ton, dysprosium ferroalloy increased by 20000 yuan / ton to 2.615 million yuan / ton, dysprosium metal increased by 50000 yuan / ton to 3.37 million yuan / ton, the price in the domestic light rare earth market increased, the recent procurement was general, the price of dysprosium Series in the domestic heavy rare earth market increased, the price of terbium series continued to rise, the downstream procurement was mainly on demand, and Myanmar banned export, The domestic rare earth market price is expected to rise in the later period.

Trade name: PC

Latest price (May 9): 22033.33 yuan / ton

Key points of analysis: Recently, the domestic PC market continues to be weak, and the consolidation trend. In the upstream, the situation in Russia and Ukraine is still uncertain. The international crude oil price continues to rise, the bisphenol a price is strong, and the PC cost side is still supported. In terms of supply, in the early stage, some enterprises had a low opening rate. At present, the supply of some brand products is still not loose. However, the positive effect of on-site supply is limited, and the follow-up of demand lags behind. Most downstream enterprises prepare goods with use and take to maintain production, and the future mentality of operators is not strong.

Future forecast: it is expected that the PC market may be weak in the short term.

1、 Price trend

According to commodity data monitoring, the price of yellow phosphorus in Yunnan and Guizhou increased this week. The average price of yellow phosphorus was 36500 yuan / ton at the beginning of the week and 37333.33 yuan / ton on Saturday. The price increased by 2.28% during the week.

2、 Market analysis

Yellow phosphorus prices rose this week. The overall market trading situation is acceptable. At the end of the May Day holiday, the downstream will take appropriate goods, mainly just in need. Yellow phosphorus manufacturers mainly issue early orders, the spot supply is relatively tight, and the quotation is increased. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 37000 yuan / ton; The mainstream quotation of yellow phosphorus in Sichuan is about 38000 yuan / ton; The mainstream quotation of yellow phosphorus in Guizhou is about 37000 yuan / ton.

In terms of phosphate rock, up to now, the reference average price in the mainstream areas of 30% grade phosphate rock in China is around 786 yuan / ton. Compared with May 1 (the reference price of phosphate rock is 763 yuan / ton), the price has increased by 23 yuan / ton, an increase of 3.15%. At present, the tight supply situation in the domestic phosphorus ore market continues, and the voice is mostly dominated on the supply side. The phosphorus ore data division of business society believes that in the short term, China’s domestic phosphorus ore market is mostly dominated by high-level consolidation and operation, and more attention needs to be paid to the news changes of supply and demand.

In terms of coke, the coke market maintained a temporary stable operation this week. From April 29 to May 7, 2022, the price of Shanxi coke market was 3794 yuan / ton last weekend and 3794 yuan / ton this weekend, flat. Before that, coke went through a rise cycle of about two months, with a total of six rounds, with a cumulative rise of 1200 yuan / ton. With the support of better profits, the coking enterprises have started well in the near future. With the recovery of domestic automobile transportation and the return of freight to a reasonable range, the coking enterprises are actively shipping. At present, the coke inventory in the plant is low as a whole. In terms of demand, at present, the profits of steel mills are declining, and it is difficult for steel mills to bear the cost pressure brought by high price coke. After the festival, some steel mills in Shanxi and Hebei opened the first round of raising and reducing 200 yuan / ton. At present, according to market news, this round of raising and reducing is more likely to land. It is expected that the coke market will be dominated by weak operation in the future, and the future still needs to focus on the coke inventory, steel plant operation and transportation in all links.

In terms of phosphoric acid, up to now, the reference price of phosphoric acid is 10710 yuan / ton, an increase of 0.28% compared with May 1 (10680 yuan / ton). Phosphoric acid prices rose steadily this week. The May Day holiday has just ended, and the market wait-and-see mood is relatively strong. Due to the rise of yellow phosphorus price this week, it is expected that the phosphoric acid market will rise slightly 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 spot is tight this week and the price of yellow phosphorus rises. The price of upstream phosphate rock increased, and the coke market was temporarily stable. The market price of downstream phosphoric acid is stable and rising. The upstream and downstream support is acceptable, and the yellow phosphorus price is expected to be strong in the short term.