Price trend:

According to the data of business club’s block list, the overall trend of ABS market in the first half of May was positive, and all brands of products were consolidated after rising. As of May 18, the average price of general ABS mainstream offer was about 18600 yuan / ton, up 1.22% from the average price in early April and 61.04% from the same period last year.

Factor analysis:

Raw materials, so far, domestic Styrene Market in the first half of may in the cost support and tight spot supply driven by shocks upward, spot maintain strong. Recent crude oil trend twists and turns, the price position is high. In terms of fundamentals, oil prices still have strong support. The direct raw material pure benzene maintains a positive market. At present, the maintenance of pure benzene plant is concentrated, the downstream new demand is affected, the domestic pure benzene supply is short, the market price is low and the listed price of Sinopec is rising continuously, which supports the price of styrene. It is expected that styrene will still be in strong operation in the short term.

For butadiene, the domestic butadiene market was mainly consolidated in early May. In terms of price, the trading atmosphere of butadiene market in East China was cold and slightly weak. Business intention to stabilize the price offer, but the downstream inquiry is weak, high price source transaction is not smooth. Under the game of supply and demand, the domestic butadiene market is expected to have no obvious positive support in the short term, and the trend may be consolidation.

In the first ten days of May, the ABS cost side market was generally strong, and the support for ABS cost side was strong. In the early stage, the situation of increasing supply in petrochemical enterprises due to high operating rate has been improved. In the recent period, the maintenance of production units is relatively concentrated, and the burden reduction of enterprises is good for the supply side. The previous accumulated reserves have to be gradually digested. The spot market rose with the trend. By the middle of the month, the ABS price was at a high level, the end-user’s resistance was gradually rising, and the trading atmosphere began to shrink. In addition, the current demand has not been large-scale, ABS is hindered in the game between supply and demand.

Future forecast:

Business analysts believe that: in the first half of May, ABS spot market generally rose, the current price position reached a monthly high in the first ten days of consolidation, and recently the price has come down. The trend of raw materials is generally strong, and the support for ABS cost is acceptable. The downstream factories follow up passively, no hoarding operation, strong resistance to high price sources. The Business Association believes that the supply side will be given extra support in the industry overhaul season, and the terminal consumption is difficult to be large-scale. In the short term, the disk may be fine tuned to find a balance point. It is expected that the ABS spot market may continue its high consolidation trend in the near future.

Price trend

According to the data of the business club’s block list, the domestic PA66 market was stable in the second week of May, with a slight drop in the spot prices of various brands. As of May 17, the average offer price of PA66 medium viscosity injection molding sample enterprises was about 40900 yuan / ton, a decrease of 0.61% compared with the average price at the beginning of the month, and a rise of 113.58% compared with the same period last year.

Cause analysis

The price of adipic acid in the upper reaches of China has dropped from a high level in recent years due to the high price of adipic acid in the early stage. However, after May, there was no sign of a pause in the market. The current price range of adipic acid in East China was about 10380 yuan / ton, a 5.12% drop compared with the beginning of the month. On the supply side, the starting price of adipic acid enterprises was high in April, and the inventory pressure gradually increased. However, the current market is in a relatively off-season, downstream procurement is slowing down, and the speed of delivery is obviously declining, so the operation of reducing prices and going to the warehouse has become the mainstream. Under the influence of increasing supply pressure and relatively weak demand, the price lost its support and gradually went down. According to the business association, adipic acid is still in the cycle of destocking, the price is easy to fall but difficult to rise, and it is difficult to relieve the pressure of market supply in the later stage in the short term. It is expected that the market of adipic acid may not improve in the near future.

In terms of raw material adipic acid market, the cost side support of PA66 was weakened due to the rapid cooling, and the overall performance of PA66 market was light recently. The current consolidation market to undertake the high callback in April, PA66 supply and demand pattern has been weak for more than a month and a half. Compared with the decline of some upstream, the improvement of raw material supply is still not obvious, and the continuous high cost is the main reason for the weak supply and demand of PA66. At present, the overall operating rate of domestic PA66 industry is still low, and individual enterprises still have parking maintenance problems. At the same time, although there is no pressure on the inventory, the profit margin is compressed, and the production and shipment mainly meet the early orders. The end-user purchasing strategy is mainly cautious, and the trading kinetic energy is insufficient, so it is difficult to increase the market demand.

Future forecast

Analysts from business news agency said: in the second week of May, the domestic PA66 market was still under the influence of high cost pressure of tight raw material supply, and the profit margins of polymerization enterprises and end users were seriously compressed. The atmosphere in the venue was weak, and the situation of weak supply and demand continued. In the case of the downstream passive delivery, it is difficult to expect the demand side to make efforts. There is resistance to high price goods delivery. It is understood that the real order transaction is relatively flexible, and the price center of gravity may have dropped. PA66 market is expected to continue the trend of weak stalemate in the short term.

According to the data monitored by the business society, the domestic first class industrial grade potassium nitrate quotation at the beginning of the week was 4410.00 yuan / ton, while that of domestic first class industrial grade potassium nitrate was 4450.00 yuan / ton at the weekend, up 0.91%, and the current price rose 1.71% on a month basis, and the current price rose 3.19% year on year.

This week, the domestic market of potassium nitrate rose, the market supply was tight, most of which was concentrated in the hands of large traders, covering the market and sparing sales, and the overall supply was low. Downstream market purchases on demand, market trading atmosphere is still acceptable, potassium nitrate market continues to rise. According to statistics of business agency: this week, domestic mainstream manufacturers of potassium nitrate offer 4200-4600 yuan / ton (quotation is for reference only), and different prices are different according to the purchase situation.

Recently, the quotation of the mainstream manufacturers of potassium chloride is at a high level: on May 14, the KCl equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. was in normal operation. The factory quotation is about 2400 yuan / ton, and the quotation is stable temporarily, and the actual transaction price is mainly negotiated. On May 14, the sales price of potassium chloride of Anhui Badao Chemical Co., Ltd. was about 2650 yuan / ton, and the quotation was stable temporarily, and the actual transaction price was mainly negotiated. Recently, the KCl market is in high consolidation, cost support is good, the port imports of potassium supply supplement is limited, port inventory is less than 2.5 million tons.

In the near future, the domestic potash market has maintained a stable trend, new goods have not crossed the shore, and the stock of goods sources is low. It is expected that the market of potassium nitrate will mainly increase in the short term, and the long-term market still needs to be seen（ The above prices are provided by major manufacturers of potassium nitrate all over the country and analyzed by the potassium carbonate analysts of business society. For reference only, please contact relevant manufacturers for more details.

The price of aluminum fluoride dropped continuously around May Day

Before and after the May Day festival, the price of aluminum fluoride has been adjusted continuously, and the market of aluminum fluoride has been falling continuously. According to the data of business news agency, the domestic price of aluminum fluoride was 8733.33 yuan / ton on May 14, down 4.38% from the highest price of 9133.33 yuan / ton in April. Before May Day, it fell 133 yuan / ton, and after May Day, it fell 100 yuan / ton. Overall, the market of aluminum fluoride fell around May Day.

Aluminum fluoride upstream industry chain trend down

According to the monitoring of business news agency, since late April, the prices of fluorite and hydrofluoric acid have been fluctuating and falling, while the price trend of upstream industry chain of aluminum fluoride has dropped slightly. Aluminum fluoride upstream industry chain market bad. Upstream hydrofluoric acid, fluorite market down on the aluminum fluoride Market bad, aluminum fluoride Market downward pressure.

Trend of aluminum fluoride downstream industry chain rising

According to the monitoring of the business community, the aluminum commodity index on May 13 was 110.84, down 0.06 points from yesterday, down 1.07% from the highest point of 112.04 points (2021-05-10) in the cycle, and up 104.43% from the lowest point of 54.22 points on November 24, 2015（ Note: period refers to the period from September 1, 2011 to now). Aluminum price fluctuated and rose in April, and set a record in May. The downstream demand rose, which was good for aluminum fluoride Market. However, due to the delayed effect of electrolytic aluminum demand on aluminum fluoride Market, the power of aluminum fluoride rise was general in the short term, and the power of aluminum fluoride rise was greater in the future.

Business community aluminum fluoride industry analysts believe that: for the upstream industry chain, fluorite and hydrofluoric acid prices fluctuate and fall, aluminum fluoride costs fall, which is bad for aluminum fluoride Market, and aluminum fluoride prices fall. For the downstream demand side, the aluminum price set a historical record, which is good for the aluminum fluoride Market. However, affected by the delayed effect of the enterprise’s stocking cycle, the rising power of aluminum fluoride is limited, and the rising power of aluminum fluoride is increased in the future. It is expected that the price of aluminum fluoride will rebound after a small decline in the short term. With the recovery of the downstream market, the price of aluminum fluoride may hit the bottom and rebound in May.

According to the data of the business club’s block list, as of May 13, the average price of acrylic acid in East China was 10833.33 yuan / ton, up 4.84% compared with May 6, up 12.46% compared with April 13, and up 34.85% compared with the same period last year.

After the festival, the acrylic acid market has been running strongly. At present, the raw material propylene price is high, the cost is under pressure, the market spot supply is limited, the downstream inquiry enthusiasm has been improved, the market trading atmosphere is active, and the negotiation focus has been steadily improved.

According to the data monitoring of the business association, the recent acrylic acid prices of some enterprises (for reference only, the actual transaction prices of different brands, different specifications and products are mainly negotiated)

enterprise market price Specifications date

Jinan Mingwei Chemical Co., Ltd 10300 yuan / ton Commercial standard: propanoic acid; Grade: superior 2021-5-13

Jinan Mingyu Chemical Co., Ltd 10300 yuan / ton Commercial standard: propanoic acid; Grade: superior 2021-5-12

Jinan jinrihe Chemical Co., Ltd 11200 yuan / ton Commercial standard: propanoic acid; Grade: superior 2021-5-12

Shandong ruishuang Chemical Co., Ltd 10300 yuan / ton 99.90%, superior products 2021-5-12

Jinan aochen Chemical Co., Ltd 10500 yuan / ton Commercial standard: propanoic acid; Grade: superior 2021-5-11

Jinan aochen Chemical Co., Ltd 11500 yuan / ton Spermic acid; The content was 99.7%; 2021-5-11

Upstream propylene, as of May 13, Shandong propylene market prices rose slightly. According to the price chart of the business association, the propylene price in Shandong continued to rise in the first ten days of April, fell sharply in the last ten days, and remained stable at the end of the month. During the May Day period, the first two days continued to be stable. From the 3rd to the 7th, the daily price was about 50 yuan / ton. Since the 9th, the price was mainly stable. Today, the price rose slightly by about 50 yuan / ton. Now, the market transaction is between 8330 and 8450 yuan / ton, and the mainstream price is about 8350 yuan / ton.

Acrylic acid analysts of business news agency believe that at present, the upstream propylene price is slightly rising, the cost support is strengthened, and the market transaction is orderly. It is expected that the acrylic acid market will be mainly strong in the short term, and more attention should be paid to the market information guidance.