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.

The domestic butadiene market finished at a high level this week, and the rise slowed down. The operating rate of the industry continues to decline, the logistics and transportation are limited, and the performance of spot resources in the market is tight, which has a certain support for the market. At the same time, the high price of butadiene put pressure on downstream profits, the operating rate of downstream industries decreased, and the demand side of butadiene market gradually weakened, which also suppressed the market.

According to the sample data monitored by the business society, from March 25 to April 1, the domestic butadiene market price rose from 10672 yuan / ton to 10722 yuan / ton, with a price increase of 0.47% in the cycle, 28.18% month on month and 44.59% year-on-year. In terms of price, the delivery price in central Shandong is 11000-11200 yuan / ton, and the self delivery price in East China is about 10500-10700 yuan / ton.

In terms of enterprises, the 30000 T / a butadiene unit of Liaoyang Petrochemical plant operates stably, and a small amount of goods are exported. The latest transaction price is 11420 yuan / ton. The 70000 T / a butadiene oxidative dehydrogenation unit of Inner Mongolia Jiutai energy was restarted, and no high-grade products were put into storage, and the quotation was stable at 10400 yuan / ton. Dalian Hengli 140000 T / a butadiene plant operates stably, the supply of goods is normal for export, and the price is increased by 100 yuan / ton to 10710 yuan / ton.

In terms of external market: as of March 31, the external price of butadiene in Asia was stable: FOB Korea closed at US $1450 / ton; CFR China closed at US $1470 / ton. The external price of butadiene in Europe remained stable: FOB Rotterdam closed at US $1555 / ton; FD northwest Europe closed at 1390 euros / ton.

region ., country., Closing price, Rise and fall

Asia, FOB Korea, $1450 / ton, USD 0 / ton

Asia, CFR China, $1470 / ton, USD 0 / ton

Europe, FOB Rotterdam, US $1555 / ton, USD 0 / ton

Europe, FD northwest Europe, 1390 euros / ton, 0 euro / ton

Comparison chart of butadiene CIS polybutadiene rubber (downstream products) trend of business society:

Comparison chart of butadiene styrene butadiene rubber (downstream products) price trend of business society:

Recently, Jiutai and Nanjing Chengzhi plants in Inner Mongolia have been restarted one after another, and the market supply has increased. However, the high price of butadiene has led to the downward pressure on the commencement of downstream industries, and the demand side is weak. Butadiene analysts of business society predict that the domestic butadiene market will be mainly sorted out in the short term.

On April 1, 2022, the price of domestic crude benzene was 6751 yuan / ton, unchanged from the previous trading day.

On March 31, the international crude oil futures market fell sharply. The settlement price of the main contract of WTI crude oil futures in the United States was US $100.28/barrel, down US $7.54 or 6.99%; The settlement price of the main contract of Brent crude oil futures was US $104.71/barrel, down US $6.73 or 6.04%. Mainly because US President Biden announced the plan to release strategic crude oil reserves on a large scale, the short-term tightening of oil price supply is expected to be eased; In addition, with the repeated outbreaks in China, investors are worried that the expansion of blockade restrictions may put pressure on demand and oil prices.

If crude oil continues to rise, the operating load of pure benzene may continue to decline under higher cost pressure. The supply and demand of main downstream styrene is still weak, which restricts the price of pure benzene. Overall, the trend of pure benzene in April mainly followed the trend of crude oil. In terms of supply and demand, at present, the operation of coking enterprises is slightly low. With the introduction of policies, the transportation problem may be alleviated to a certain extent. At that time, the operation of coking enterprises will be improved to a certain extent, and the downstream demand is generally stable. It is expected that the price of crude benzene will still follow the trend of pure benzene. The future market will focus on the impact of international crude oil situation, external disk, pure benzene and downstream device dynamics, demand side changes and other changes on the price of pure benzene.

Trade name: TDI

Latest price (March 31): 19600 yuan / ton

Key points of analysis: today, the average price of TDI market in East China decreased by 0.88% compared with the previous working day, and the domestic TDI market was weak. Affected by the local prevention and control situation, the logistics and transportation are blocked, the downstream follow-up is weak, and the trading in the terminal market is general. Although the factory intends to support the strong quotation, the market transaction is not ideal, the mentality of the cargo carriers is mainly stalemate and wait-and-see, and individual offers are slightly reduced. At present, the quotation range of dealers in East China is about 18900-19200 yuan / ton for domestic goods and about 19400-19500 yuan / ton for Shanghai goods.

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