1、 Domestic sodium pyrosulfite price trend chart

According to the monitoring of the business agency, the domestic price of sodium pyrosulfite rose in an all-round way this week. The average price of industrial grade sodium pyrosulfite at the beginning of the week was 1666.67 yuan / ton, and the average price at the end of the week was 1783.33 yuan / ton, a sharp rise of 7%.

2、 Market analysis

After the Spring Festival, domestic soda ash and sulfur prices continued to rise sharply, supported by the sharp rise in raw material costs. In March, sodium pyrosulfite manufacturers increased their ex factory prices one after another. The market price range of industrial grade sodium pyrosulfite was 1700-1950 yuan / ton, and most of the prices were concentrated in 1700-1800 yuan / ton. The production of the enterprise is stable, the inventory is maintained at about 30%, the enterprise mainly completes the orders of old customers, and the increase of new orders is limited. (the above prices are quoted by domestic mainstream enterprises, and some enterprises not quoted are not within their scope. The prices are for reference only and have nothing to do with the final pricing of manufacturers. For details, please contact each manufacturer for consultation).

This week, domestic soda price continued to rise by 1.89%, sulfur price by 6.07%, upstream raw material price continued to rise, and processing cost continued to increase, which will further boost the market price of sodium pyrosulfite in the future.

3、 Future forecast

Analysts from business news agency believe that the cost of raw materials continues to rise. Supported by the cost, it is expected that the domestic market price of sodium pyrosulfite will still be in a certain recovery space in the short term.

According to the data monitored by the business community, as of March 5, the average price of domestic rubber grade high-grade silica is 4700.00 yuan / ton. This week, the purchasing atmosphere of silica market is flat, the trading is cold, the downstream just needs to purchase, the shipping is slow, the stocking atmosphere is cold, the overall supply and demand of the market is balanced, the early market trend is maintained, the quotation range is maintained between 4000-5000 yuan / ton, and the price remains stable Mainly.

This week, the domestic rubber grade silica market is running smoothly, the price is stable, the main contract orders are given priority to, the downstream just need to purchase, the purchasing atmosphere is flat, the number of new orders is limited, most of them are mainly for negotiation, the business mentality is stable, the negotiation atmosphere is general, the business take goods carefully, the shipment is slow, the latest price of Shandong Lihua 4600 yuan / ton, Boai xiang4200 yuan / ton, Shandong Shouguang 530 yuan / ton 0 yuan / ton. The overall market is running smoothly.

On March 5, the chemical industry index was 1030 points, 5 points lower than yesterday, 0.87% lower than 1039 points (2021-03-03), the highest point in the cycle, and 72.24% higher than 598 points, the lowest point on April 8, 2020. (Note: period refers to the period from December 1, 2011 to now)

The quotation of upstream hydrochloric acid is temporarily stable, and the actual transaction price is mainly through negotiation. General cost support, poor downstream purchasing enthusiasm, weak and stable overall trend, just need to purchase, maintain the early trend in the short term, hydrochloric acid commodity index on March 4 was 45.39, flat with yesterday, decreased by 54.61% compared with the highest point of 100.00 (2011-09-12), increased by 152.45% compared with the lowest point of 17.98 on September 5, 2012. (Note: period refers to 2011-09-01 to now).

Business analyst, white carbon analyst, said: the overall market of the silica market is deserted, and the downstream market just needs to maintain the trend of official account and maintain stable operation. Products, access to commodity information, master commodity prices).

1、 Acrylic acid price trend

(Figure: p-value curve of acrylic acid products)

2、 Market analysis

According to the data of the business club’s block list, as of March 4, the average price of acrylic acid in East China was 11700 yuan / ton, up 1.15% compared with the previous trading day, up 3.85% compared with the price at the beginning of the month, up 23.16% compared with February 4, and up 63.26% compared with the same period last year.

At present, the price of raw material propylene is declining, but the cost support still exists, and the spot supply in the market is shrinking. Under the dual support of cost and supply, the quotation of enterprises is rising, and the price center is steadily moving up. The downstream is cautious about high prices, and mainly purchases on demand, with a strong wait-and-see atmosphere.

Upstream propylene, as of March 3, Shandong propylene market price individual decline. According to the price chart of the business club, affected by the upstream and downstream, the propylene price rose again and again in the second half of February, which was at a high level for many years. It began to stabilize at the end of the month. Today, the price went down individually. The current market transaction is between 8450-8700 yuan / ton, and the mainstream price is about 8500 yuan / ton. The impact of propylene in the United States and Japan has been reduced, and the production capacity has recovered slightly.

3、 Future forecast

Acrylic acid analysts of business news agency believe that at present, the price of raw material propylene is weak and downstream operation is cautious, but the supply of acrylic acid market is tight, which has certain support for the price. It is expected that in the short term, the acrylic acid market may be strong, and more attention should be paid to market information guidance.

1、 Price trend

According to the data of the business club’s block list, the average ex factory price of powdered monoammonium was 2483.33 yuan / ton on February 28, and 2118 yuan / ton on February 1, with an increase of 17.25% in the whole month and 24.58% on a year-on-year basis.

According to the data of the business club’s block list, on February 28, the average ex factory price of 64% diammonium was 2900 yuan / ton, and on February 9, the average ex factory price of 64% diammonium was 2490 yuan / ton, with an increase of 16.47% in the whole month and a year-on-year increase of 31.82%.

2、 Market analysis

In February, the price of map rose slightly before the festival, but after the Spring Festival, the market rose sharply to a high level. This month, the raw materials rose collectively, and the export side was good. The map market was strong. At present, 55% ammonium powder in Anhui Province is priced at 2300-2450 yuan / ton. The ex factory quotation of 55% powdered ammonium in Hubei Province is 2400-2500 yuan / ton. The price of 55% ammonium powder in Henan Province is about 2500-2580 yuan / ton. The price of 55% ammonium powder in Sichuan is about 2400-2450 yuan / ton.

In February, the price of diammonium phosphate also rose at the same time. After the Spring Festival, it broke the calm and went up in a straight line. The quotation of some enterprises was as high as 3150 yuan / ton, and the price was too high to be settled. At present, most of the enterprises stopped reporting and didn’t collect money, and they mainly sent early orders. At present, 64% of diammonium enterprises in Hubei Province stop reporting, while 64% of diammonium enterprises in Shaanxi Province offer 3000-3100 yuan / ton. The price of 64% diammonium in Yunnan is 3300-3430 yuan / ton. In Guizhou Province, 64% diammonium is priced at 3300 yuan / ton, while in Heilongjiang Province, 64% diammonium is priced at 3300 yuan / ton in advance.

In terms of raw materials, sulfur rose by 20.25% in February, up 131.14% year on year. On March 2, the reference price of sulfur was 1373.33, the same as that on March 1. At present, the inventory of domestic refineries remains at a low level. After the festival, the downstream demand recovers to be stable. The manufacturers’ shipment is smooth. The on-site operators have obvious support for the market. It is expected that the sulfur market will run at a high level in the short term. Pay attention to the follow-up situation of the downstream.

3、 Future forecast

According to the analysts of business news agency, the current market of ammonium phosphate is very good, and the price has risen to a new high in this year. With the rising price of raw materials, the domestic downstream demand is gradually increasing due to the approaching of spring ploughing, and the demand for foreign exports is increasing. Under the favorable conditions, the price of ammonium phosphate is running at a high level. However, after the surge, the downstream companies were cautious and wait-and-see. Ammonium phosphate enterprises still stopped orders and reported too much. There was no sales pressure for the time being. They mainly issued orders in the early stage, and they were in strong price support mood. There is no obvious negative signal in the market, it is expected that ammonium phosphate will rise more likely, and the market will be strong in the short term.

In February, with the Spring Festival, the PE market changed its downward trend in previous years and set off a “fireworks” in Spring Festival. In February, the three kinds of PE spot rose from the beginning of the month to the end of the month. Although the fluctuation range of PE spot market before the festival was not obvious, it was mainly a small rise. After the festival, the PE spot market rose rapidly. With the full resumption of the market, futures joined hands with the spot market and started to rise immediately. Throughout February, there are many bright spots in PE market.

According to the data monitoring of business news agency, the average ex factory price of LLDPE (7042) in East China was 7983.33 yuan / ton on February 1 and 9000.00 yuan / ton on February 28, with an increase of 12.73% during the period, up 14.16% compared with February 1.

According to the data monitoring of the business association, the average ex factory price of LDPE (2426h) in East China was 10787.50 yuan / ton on February 1, and 12075.00 yuan / ton on February 28, with an increase of 11.94% during the period, up 8.54% from January 1.

According to the data monitoring of the business association, the average ex factory price of HDPE (5000S) in East China was 8166.67 yuan / ton on February 1, and 9216.67 yuan / ton on February 28, with an increase of 12.86% over January 1.

PE market in February can be divided into two stages before and after the festival. Before the festival, the three major spot varieties rose steadily, and the ex factory prices were increased on the 1st of the month and the 7th before the holiday. In East China, LLDPE increased by 200 yuan / ton, HDPE increased by 250 yuan / ton, and LDPE increased by 150 yuan / ton. Due to the limited market favorable factors, the rise rate was not large. Before the festival, the rise of international crude oil and the obvious rise of futures brought good support to the market. Petrochemical enterprises slightly increase the ex factory price, the cost support is acceptable, the business mentality is good, and the tentative high report. On the demand side, near the Spring Festival holiday, downstream enterprises have the intention to prepare goods before the festival, the enthusiasm to enter the market is good, the mentality of manufacturers is relatively strong, and the three kinds of spot products are stable and upward.

With the end of the holiday, the rise of PE spot market after the festival has become the main tone, and the large petrochemical plants have continuously raised their ex factory quotations, with high prices coming out frequently. As of February 26, compared with before the festival, HDPE in East China has increased by about 700-950 yuan / ton; LLDPE in East China has increased by about 950 yuan / ton; LDPE has increased by about 1150 yuan / ton, and the three spot varieties have increased by more than 10% after the festival. First of all, international crude oil rose sharply during the Spring Festival holiday. Since February, WTI has increased by 18.14% and Brent has increased by 17.15%. The cost support of PE market is strong. Second, the futures market, after the festival on February 18, the one-day rise is a new high in recent years, but also to the spot market has brought obvious positive. Thirdly, some petrochemical enterprises in the United States stopped production. Affected by the extreme cold weather in the United States, the local refining and related chemical production units were operating, and the chemical production was paralyzed. The leading chemical production slowed down, and the delivery delay aggravated the shortage worry in the market. Many products in the plasticizing market soared. Under the multiple favorable conditions, the mentality of the manufacturers is firm. Petrochemical enterprises have increased their ex factory quotations by a large margin in succession. The cost of taking goods by traders has risen. The offer has followed the upward trend, and the firm offer has focused on a single discussion.

Upstream ethylene market, the rise of external ethylene market in February brought some support to PE market. In February, the ethylene market in Europe, America and Asia showed a rising trend. Generally speaking, the trading atmosphere of the whole ethylene external market was active recently, and the market continued to rise, especially in the United States. As of the 22nd, the price was 1035-1047 US dollars / ton, with a gratifying rise.

In February, Liansu futures rose significantly, with a rise rate of 8.06% on February 18, and the one-day rise was the highest in recent years, bringing obvious support to the spot market. On February 26, the opening price of polyethylene futures 2105 was 8905, the highest price was 9000, the lowest price was 8720, the closing price was 8885, the former settlement price was 8875, the settlement price was 8860, up 10, or 0.11%, the trading volume was 588458, the position was 323330, and the daily increase was – 13613. (quotation unit: yuan / ton)

In February, the atmosphere of PE market is strong, especially after the festival. However, due to the incomplete construction of downstream plants, limited terminal demand and general enthusiasm for downstream market entry, the three PE spot markets have stabilized at the end of this month. In March, with the downstream enterprises starting work one after another and the arrival of the peak season of plastic film, the market demand is expected to be better. However, the inventory of petrochemical enterprises increased on a month on month basis, and a new unit was planned to be put into operation in March. PE market is expected to rise in March.