Trade name: yellow phosphorus

Latest price May 24: 23000 yuan / ton

Analysis points: in late May, the price of yellow phosphorus rose rapidly. Affected by drought, lack of water and power restriction in Yunnan, the power of yellow phosphorus enterprises in some areas was less than 20%! Recently, power rationing has not been alleviated, but has become more and more serious. More yellow phosphorus plants are shut down, the shortage of spot goods is aggravating, and some manufacturers have temporarily stopped making external quotations. On the demand side, the downstream glyphosate price continued to rise, which was acceptable to the high price of yellow phosphorus, and played a certain role in boosting the price rise of yellow phosphorus. So far, the mainstream quotation of Yunnan yellow phosphorus is about 25000 yuan / ton; The mainstream price in Sichuan is about 23000-25000 yuan / ton; The mainstream price in Guizhou is about 21000 yuan / ton.

Yellow phosphorus analysts of business news agency believe that power rationing leads to supply contraction, and the price of yellow phosphorus is expected to continue to rise in the short term.

According to the monitoring data of the business community, as of May 21, the reference price of domestic industrial grade propylene glycol was 17200 yuan / ton, compared with the reference price of 18066 yuan / ton on May 14, the average price decreased by 866 yuan / ton, down 4.61% on the seventh day; Compared with May 1 (reference price 18100 yuan / ton), the average price decreased by 900 yuan / ton, or 4.79%.

High end price of domestic propylene glycol market dropped sharply by 4.61% in seven days

This week, the overall domestic propylene glycol market showed a downward trend. At the beginning of the week, the market transaction atmosphere was general, the price of raw material cyclopropane declined in terms of cost, and the support for propylene glycol weakened. On the 18th, the offer price of propylene glycol factory was slightly reduced by about 200 yuan / ton, and then the overall market performance was poor, the demand of downstream industry was poor, the domestic atmosphere was general, and the impact of shipping schedule and downward trend on export was also weakened. On the 20th, some high-end offer factories and some dealers of propylene glycol in Shandong lowered the ex factory price of propylene glycol by 600-1000 yuan / ton. Towards the weekend, the propylene glycol market maintained a narrow and stable operation. So far, the reference price of propylene glycol in Shandong is around 16700-17500 yuan / ton, and that in Jiangsu is around 17000-17400 yuan / ton. The average ex factory price of domestic industrial grade propylene glycol is 17200 yuan / ton, which is 866 yuan / ton lower than that on May 14 (18066 yuan / ton), a decrease of 4.61% on the seventh day.

Upstream, this week, the upstream raw material propylene oxide market overall weak downward, the market wait-and-see mood is heavy, the current overall operating rate is still high, downstream new orders generally, follow-up on demand. As of May 21, the reference price of propylene oxide was 18133 yuan / ton, down 4.06% compared with 18900 yuan / ton on May 1

Fundamentals are weak, propylene glycol may continue to decline in the future

At present, on the whole, the fundamental operation of propylene glycol market is weak, the downstream demand is poor, and the overall domestic trading atmosphere is general. Therefore, business community propylene glycol analysts believe that in the short term, the domestic propylene glycol market is weak, and the market price may have the risk of going down again.

Price trend

According to the data of business club’s block list, the domestic POM market was active in the third week of May, with the spot prices of various brands rising at a high level. As of May 21, the average offer price of the POM injection molding sample enterprises in the business community was about 15900 yuan / ton, up 5.76% compared with the average price at the beginning of the month.

Cause analysis

POM upstream formaldehyde, the recent domestic formaldehyde market is weak, Shandong formaldehyde market fell. The atmosphere of floor trading is relatively cold, the transaction situation is general, and the spot price shows a slight downward trend. The price of raw material methanol mainly fluctuated and fell, while the support for formaldehyde cost side weakened. The raw material market of the downstream sheet yard continues to be at a high level. Due to the increase of various costs, the start-up of the sheet yard is gradually tightening, and the demand for formaldehyde is limited. Business community formaldehyde analysts expect that the recent Shandong formaldehyde prices or below the main drop.

After the upstream price rose, it fell back, and the support of POM cost side was weakened. At present, the domestic POM spot price range is still at a high level. The reference price of Tianye Chemical M90 is about 15700 yuan / ton, which is for negotiation. Yuntianhua M90 ex factory reference price quoted 16900 yuan / ton, firm offer negotiation. The POM unit of Shenhua Ningshan coal works normally. The reference price of mc90 is about 15100 yuan / ton, with cash withdrawal. Compared with the previous period, there were considerable increases. On the supply side, the performance of short-term market supply continued the compact pattern. Recently, Gung mine completed the equipment maintenance work, but the recovery of industry operation rate was limited. The supply contraction brought by last month’s enterprise burden reduction is still affecting the market. On the floor, the traders are reluctant to sell, and they are willing to offer high prices. In addition, the previous rise in formaldehyde, domestic POM by multiple positive blessing and high. The downstream follow-up situation is relatively slow, and the terminal factory’s stock operation tends to just need to replenish the warehouse and take as needed. With the cooling of trading, POM began to stagnate in the second half of the week.

Future forecast

Analysts from business news agency said: in the third week of May, the trend of domestic POM market was sideways after rising. The upstream formaldehyde and methanol have dropped, the cost support of POM has been weakened, the tight supply pattern has not been improved, and the supply side is good for the market. Under the pressure of high cost, the profit of downstream enterprises is compressed, which conflicts with the high price of goods, and the orders are generally small. The high level of spot affected the consumption of POM, which entered the supply and demand game market and leveled in the second half of the week. POM market is expected to continue to run in a narrow range in the near future.

According to the monitoring data of the business community, as of May 20, the reference average price of silicone DMC market in the mainstream areas of data monitoring was 27100 yuan / ton. Compared with May 14 (the reference average price of silicone DMC was 26566 yuan / ton), the average price increased by 534 yuan / ton, or 2.01%. Compared with May 1 (the reference average price of silicone DMC was 27600 yuan / ton), the average price decreased by 500 yuan / ton, or 1.81%.

In May, after the end of the holiday, the market of silicone DMC in China fell sharply. Some factories didn’t receive orders well during the holiday, and the inventory accumulated. On the 7th and 8th, the quotation of silicone DMC factories decreased significantly, by 500-1000 yuan / ton. On the 8th, the ex factory quotation of silicone DMC from a leading silicone DMC factory in Shandong fell to 25200 yuan / ton. After the sharp drop in prices, the lower reaches of the wait-and-see mood is even more serious. They are particularly cautious about buying and hoarding goods. They are afraid that the market will continue to decline, and most of them are negative in the market. On the 11th, a few silicone DMC factories with slightly higher price cut the factory price of silicone DMC again by 200-500 yuan / ton. Then the market maintained a weak operation.

Trading atmosphere heats up domestic silicone DMC market in late May

Until the end of May, on the 17th, a leading chemical enterprise in Shandong Province substantially increased the ex factory quotation of silicone DMC. The price of silicone DMC was increased from 25500 yuan / ton to 26400 yuan / ton, with an increase of 900 yuan / ton. The price increase of a large factory gave the market a certain boost. On the 18th and 19th, the market price of silicone DMC continued to rise steadily. Shandong leading manufacturers continued to raise the ex factory price of silicone DMC to 26800 yuan / ton. Other manufacturers also followed the upward trend. At present, as of the 20th, the silicone market has been closed more and more. The reference price of domestic silicone DMC is around 26800-27500 yuan / ton, and the average price is 27100 yuan / ton. Compared with the 16th of last weekend, the average price has increased by 533 yuan / ton, or 2.01%. Compared with the beginning of last month, the average price has decreased by 500 yuan / ton, or 1.81%.

According to the business news agency, the following is the current DMC price of some domestic silicone enterprises and the start-up of the plant in May (the price is for reference only)

On the downstream side, the price of raw rubber market in the downstream is also rising steadily with the support of the strong trend of silicone DMC in the upstream. The price of raw rubber market is around 28400-29600 yuan / ton.

Silicone DMC market is stable and strong, and it is expected to continue to explore in the later period

At present, in late May, the overall trading atmosphere of domestic silicone DMC market has improved, the downstream stock activity has increased, and the operation of downstream silicone products has also increased. The confidence of the industry is sufficient. Analysts of silicone DMC of business news agency believe that in the short term, the market of silicone DMC is expected to continue to move up, and the specific trend needs to pay more attention to the factors of supply and demand.

Trade name: glass

Latest price may 19: 34.25 yuan / m2

Analysis points: on May 19, the focus of glass spot market rose, and the overall trading mood was good. Factory inventory is low, enterprise production and marketing is good, and traders and glass processing enterprises have high enthusiasm to take goods. The supply of goods in North China is relatively tight, and the downstream deep processing enterprises tend to hoard goods. The production and sales in Central China are good, the prices of enterprises are rising in an orderly way, and the market confidence is good. The supply of goods in South China is tight, and the delivery of goods by enterprises is regulated. In the short term, the inventory of production enterprises is low, the supply of goods in some areas is tight, the glass market confidence is good, and the focus of transaction is strong.

Forecast: in the short term, the price of glass spot market will increase slightly.