According to the monitoring data of the business agency, as of March 11, the reference ex factory price of domestic industrial grade propylene glycol was 16166 yuan / ton. Compared with March 1 (reference price was 15433 yuan / ton), the average price increased by 743 yuan / ton, or 4.75%.

After the high adjustment of propylene glycol at the beginning of March, this week’s market “rises again”

After the Spring Festival in February, the domestic propylene glycol market rose sharply, up nearly 18% in half a month. In March, with the commencement of Chongqing Dongneng new energy propylene glycol and the operation of a large propylene glycol plant in Dongying, Shandong Province, the supply of propylene glycol increased and the price entered a high level adjustment. The price of propylene glycol in some areas fell by 200-500 yuan / ton. On the 5th, the reference transaction price of propylene glycol in Shandong Province was around 14800-15500 yuan / ton. Supported by the rising cost of raw material propylene oxide, propylene glycol market fell limited, and the overall market was stable.

On the 8th of this week, we heard that the shutdown of Po plant affected the operation of propylene glycol plant. The supply sources in the plant were reduced. The low-end price of propylene glycol market was increased by 200-400 yuan / ton. The market delivered more foreign trade orders. The inventory of Shandong and other propylene glycol plants basically remained low, and the sales pressure was small. On the 9th, the overall market of propylene glycol continued to rise in a narrow range At present, as of the 11th, the price of domestic industrial grade propylene glycol has risen to 15800-16500 yuan / ton, with an average price reference of 16166 yuan / ton. Compared with the price on the 5th, the price has been adjusted back to 833 yuan / ton. Compared with the price on the 1st, the overall price has increased by 733 yuan / ton, or 4.75%.

Raw materials, in March, the market of propylene oxide in Shandong continued to rise steadily, giving propylene glycol cost support still awesome. According to the business block chart data, the average price of propylene oxide enterprises quoted by March 11th was 19633 yuan / ton, compared with March 1st (18833 yuan / ton), the average price rose 800 yuan / ton, or 4.25%. At present, the feedback from the hearing and negotiation of propylene oxide, which has been refreshed to a high point, is still smooth and free of pressure. The start-up of the plant in the field is basically stable, and there is no obvious change for the time being.

More attention should be paid to the trend of raw materials and the change of supply and demand after the short-term high range fluctuation of propylene glycol

Entering this week, propylene oxide, the raw material, has once again boosted the rise, giving more support to the cost of propylene glycol. The current market fundamentals of propylene glycol remain stable. Although the user’s just need inquiry continues and the cautious attitude remains unchanged, under the increasing cost pressure, it is expected that the price of propylene glycol will fluctuate in the high range in the short term, and the possibility of a sharp decline is small. The specific trend still needs to pay close attention to the raw material cyclopropane And changes in supply and demand.

1、 Melamine price trend

(Figure: curve of P value of melamine product)

2、 Market analysis

According to the data of monitoring samples of business agency, as of March 10, the average price of melamine enterprises was 8100 yuan / ton, which was the same as that of the previous trading day, up 7.05% compared with the beginning of the month, 12.50% higher than February 10, and 12.50% year-on-year in three months.

On March 10, the price of melamine enterprises was generally stable. At present, the melamine commencement rate has been slightly increased, downstream users have been properly replenished in the early stage, mainly digesting inventory, weak purchasing intention, general follow-up of new orders of enterprises, and weak market atmosphere. At present, the mainstream price of melamine in Shandong is 8500 yuan / ton, the mainstream price of melamine in Xinjiang is 8000 yuan / ton, while that of Sichuan is around 8400 yuan / T. the quotation is for reference only, and the actual price shall prevail.

Urea in the upstream, the urea market in Shandong Province rose on March 10. Demand: agricultural demand is affected by rain and snow weather, urea goods are slow down, terminal purchasing intention is general, and agricultural procurement in mainstream areas is cautious; the starting load of downstream compound fertilizer and rubber plate plants is increased, and some downstream goods are still cautious, and the wait-and-see mood is strong, most of which are mainly in the market. Supply: at present, the starting rate of urea enterprises is about 72.5%, and the daily production is about 160000 tons, and the supply is relatively sufficient.

3、 Future forecast

Melamine analysts of business agency believe that at present, the downstream just needs replenishment as the main part, and the new orders in the market are in a weak trading atmosphere. It is expected that the domestic melamine market will be stable, medium and weak in the short term, and more attention should be paid to the market information guidance for specific trends.

According to the data of the commodity list of the business society, the market price of formaldehyde in Shandong has risen recently. On March 8, the average price of formaldehyde in Shandong was 1246.67 yuan / ton, and on March 9, the average price of formaldehyde in Shandong was 1316.67 yuan / ton, up 5.61%. The current price is up 10.64% month on month, and the current price is up 21.54% year on year.

Recently, the domestic formaldehyde market price has risen. As of March 9, the mainstream ex factory price in Central China is about 1200 yuan / ton, that in North China is 1250 yuan / ton, and that in East China is 1259 yuan / ton. Shandong Linyi Galaxy formaldehyde production capacity of 120000 tons / year formaldehyde plant has been restarted. Recently, the atmosphere of formaldehyde Market negotiation is positive, and the formaldehyde factories in Shandong are starting one after another. Formaldehyde manufacturers deliver according to orders, inventory is low, some businesses have no goods to sell, supply is tight, formaldehyde market continues to rise.

Upstream methanol situation: the negotiation of methanol market in central Shandong is stable at 2190-2210 yuan / ton, which will be sent to cash; the offer price of methanol market in southern Shandong will rise by 70-80 yuan / ton to 2350-2370 yuan / ton, which will be raised by the factory in cash. Linyi received the local goods, negotiated the price to 2350-2370 yuan / ton and sent them to cash exchange. Shandong methanol Lubei market has no discussion. Methanol market continues to rise, traders are reluctant to sell, and the freight rate is still high, which can form a certain support for formaldehyde market.

The recent fine weather, Shandong downstream plate factory and adhesive factory demand is strong, “Russia proposed timber export ban” news promoted the wood market rise, the industry to formaldehyde rising price acceptance is good, purchasing mood is high, stock atmosphere is strong, good support, formaldehyde market continues to rise, formaldehyde Market in high speed high channel.

Recently, the upstream raw material methanol showed an upward trend, and the demand of downstream plate factories was hot, which supported the rise of formaldehyde market. Therefore, formaldehyde analysts of business society chemical branch predicted that the price of formaldehyde in Shandong would mainly rise in the near future.

1、 Price trend

The comprehensive price of potassium chloride was temporarily stable this week. The average price of the mainstream comprehensive quotation of potassium chloride this week is 2155.00 yuan / ton. Overall, this week’s potassium chloride market was temporarily stable, with the potassium chloride commodity index at 68.41 on March 5.

2、 Market analysis

This week’s quotation of potassium chloride mainstream manufacturers is temporarily stable: Qinghai Salt Lake potassium chloride weekend ex factory quotation is 2050 yuan / ton, compared with the beginning of the week, the quotation is temporarily stable; Anhui Badou potassium chloride weekend distribution quotation is 2260 yuan / ton, compared with the beginning of the week, the quotation is temporarily stable. The actual turnover of potassium chloride market this week is not good. On the whole, the main contradiction of the market is that supply exceeds demand, the trading atmosphere is cold, downstream purchasing is just in demand, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride market is stable.

3、 Future forecast

In the middle of March, the overall trend of potassium chloride market may fluctuate slightly. The KCl market is facing the pressure of three big mountains, namely, Hong Kong’s large stock, weak demand and downward international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. KCl analysts of business society believe that under the influence of supply and demand, raw materials and other aspects of the short-term KCl market, the KCl market may be dominated by high consolidation.

1、 Domestic sodium pyrosulfite price trend chart

According to the monitoring of the business agency, the domestic price of sodium pyrosulfite rose in an all-round way this week. The average price of industrial grade sodium pyrosulfite at the beginning of the week was 1666.67 yuan / ton, and the average price at the end of the week was 1783.33 yuan / ton, a sharp rise of 7%.

2、 Market analysis

After the Spring Festival, domestic soda ash and sulfur prices continued to rise sharply, supported by the sharp rise in raw material costs. In March, sodium pyrosulfite manufacturers increased their ex factory prices one after another. The market price range of industrial grade sodium pyrosulfite was 1700-1950 yuan / ton, and most of the prices were concentrated in 1700-1800 yuan / ton. The production of the enterprise is stable, the inventory is maintained at about 30%, the enterprise mainly completes the orders of old customers, and the increase of new orders is limited. (the above prices are quoted by domestic mainstream enterprises, and some enterprises not quoted are not within their scope. The prices are for reference only and have nothing to do with the final pricing of manufacturers. For details, please contact each manufacturer for consultation).

This week, domestic soda price continued to rise by 1.89%, sulfur price by 6.07%, upstream raw material price continued to rise, and processing cost continued to increase, which will further boost the market price of sodium pyrosulfite in the future.

3、 Future forecast

Analysts from business news agency believe that the cost of raw materials continues to rise. Supported by the cost, it is expected that the domestic market price of sodium pyrosulfite will still be in a certain recovery space in the short term.