1、 Price trend

Latest price (April 14): 8970 yuan / ton

Key points of analysis: on April 14, the average domestic spot price of pvc5 was 8970 yuan / ton, up 0.22% from the previous trading day and 2.22% year-on-year. The disk fluctuated, the futures price fell after rising, the quotation of PVC spot market was stable and small, and the cautious wait-and-see attitude remained unchanged. The low-end price of the market was close to the high-end, but the transaction atmosphere was not warm. At present, the price of raw calcium carbide is about 4150-4250 yuan / ton, and the price of PVC is 8800-9400 yuan / ton.

PVC market is expected to fluctuate in a narrow range.

441# silicon price trend

Market analysis

Today, the price of metal silicon is weak and stable. According to the price monitoring of business society, the average price of domestic 441# metal silicon is 20920 yuan / ton, and 441# Huangpu port offers 20800-21000 yuan / ton, down 150 yuan / ton; The quotation of Tianjin port is 20800-21100 yuan / ton, flat; Kunming quoted 20500-20700 yuan / ton, down 150 yuan / ton; Sichuan’s quotation is 20500-20600 yuan / ton, flat; Shanghai quoted 21500-21700 yuan / ton, down 50 yuan / ton.

There are signs that the metal silicon market has stopped falling and stabilized. Yesterday, multiple departments of the management issued a notice on doing a good job in the prevention and control of highway traffic epidemic and ensuring smooth traffic, which will alleviate the import and export of enterprises to a certain extent. In addition, the silicon price is close to the cost line, the bargaining space is small, the trading atmosphere in the silicone DMC venue has warmed up, the recent market has increased slightly, there are still many enterprises that reduce production and stop production in the aluminum alloy industry, and the epidemic still continues to affect the consumption of aluminum alloy.

Business analysts believe that the impact of the epidemic and weak demand. Although silicon manufacturers intend to stabilize, the overall trend is still weak.

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.