On March 23, the market price of phosphoric acid was temporarily stable

1、 Price trend

 

Latest price (March 23): 10200 yuan / ton

 

Key points of analysis: according to the data monitoring chart of business society, on March 23, the market price of phosphoric acid was 10200 yuan / ton, unchanged from the previous day, with a year-on-year increase of 94.29%. Recently, the raw material yellow phosphorus rose to 37000 yuan / ton, and the cost support was improved. However, the increase of phosphoric acid market was not obvious. The buyer and the seller continued to keep a cautious wait-and-see state, and the market rose steadily. Up to now, the price of raw yellow phosphorus is 35000-37000 yuan / ton, and the market price of phosphoric acid is about 9800-11000 yuan / ton.

 

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

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On March 22, the price of diammonium phosphate was stable

Trade name: diammonium phosphate

 

Latest price: 3640 yuan / ton

 

Key points of analysis: the price of diammonium phosphate was stable on March 22, which was flat compared with the previous trading day. At present, there are sufficient orders for diammonium, the raw materials operate at a high level, the cost support is good, and the diammonium market is strong. Most enterprises suspend quotation and do not receive payment for the time being, and mainly issue early-stage orders. Today, the mainstream factory quotation of 64% diammonium in Hubei is 3600-3650 yuan / ton, and the actual transaction is negotiated.

 

Future forecast: diammonium phosphate will run at a high level in the short term.

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On March 21, the market price of dimethyl carbonate in China fell

Product Name: dimethyl carbonate

 

Latest price (March 21): 5833 yuan / ton

 

Key points of analysis: according to the data monitoring chart of business agency, on March 21, the domestic dimethyl carbonate market fell. The average ex factory price of dimethyl carbonate was 5833 yuan / ton. Compared with the previous working day, the average price was reduced by 133 yuan / ton, a decrease of 2.23%. On the 21st, the domestic dimethyl carbonate market was weak and operated downward, the logistics and transportation were limited, the delivery of dimethyl carbonate was slow, and the inventory gradually accumulated.

 

Future forecast: at present, the trading atmosphere of dimethyl carbonate is general, the overall operating load of the downstream is not high, and the consumption capacity of raw materials is limited. The DMC data division of business society believes that in the short term, the domestic DMC market will continue to be weak, mainly through narrow adjustment, and more attention needs to be paid to the news changes on the supply and demand side.

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Poor market demand and EPS price decline

I Price trend

 

According to the monitoring data of business agency, the average quotation of EPS ordinary materials at the beginning of this week was 111255 yuan / ton, and the average price of EPS ordinary materials at the weekend was 10875 yuan / ton, with the price down 2.25% and an increase of 2.11% compared with the same period of the year.

 

II quotations analysis

 

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The domestic EPS price fell, the situation in Russia and Ukraine may ease, the crude oil shock fell, and the styrene price fell all the way. In addition, due to the influence of local force majeure factors, some merchants had poor purchase intention, the inventory was low and the terminals in normal production were replenished on demand, and the overall trading atmosphere was weak. As of March 17, the ordinary materials of Jiangsu sample enterprises were 10900 yuan / ton, a month on month decrease of 500 yuan / ton, a decrease of 4.39%, and the barrier fuel was 11800 yuan / ton, a month on month decrease of 500 yuan / ton, a decrease of 4.07%.

 

It is expected that the downstream transportation of crude oil will continue to fluctuate or the downstream logistics will not be smooth next week. On the supply side, the logistics and transportation in some regions are not smooth, and the production of some devices is reduced. It is expected that the domestic EPS will start or decline slightly next week.

 

III Future forecast

 

The logistics and transportation in some EPS regions are limited, the mentality of merchants is tangled, and the overall transaction is not good. The EPS market is expected to be weak and volatile as a whole next week.

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Glycol daily review (20220317)

The latest p-value price of ethylene glycol on March 17 was 5133.33 yuan / ton.

 

Today’s ethylene glycol market shock finishing. As the price of upstream crude oil rises, IEA believes that the decline in demand caused by the price rise will not offset the lack of oil supply in Russia. Repeated domestic epidemics have affected demand and transportation. The outer market of ethylene glycol fluctuated in a narrow range in the afternoon. Recently, near 675 of the cargo negotiation, the port inventory remains high, the downstream textile buying atmosphere is general, the transaction is deadlocked, and it is in a state of high construction, high inventory, high cost and low demand.

 

Forecast: restrained by the cost side, it fluctuates widely.

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