1、 Price trend

According to commodity data monitoring, the price of titanium dioxide increased this week. The average price of titanium dioxide in China was 20800 yuan / ton last Friday and 21100 yuan / ton this Friday. The price increased slightly within the week, with a range of 1.44%.

2、 Market analysis

The domestic titanium dioxide market price rose this week. Since the international titanium dioxide enterprises fannengtuo and Connors sent a letter to raise the price of titanium dioxide on April 1, the price increase letter of domestic titanium dioxide enterprises was welcomed in the second week of March. Up to now, the ex factory quotation of domestic rutile titanium dioxide with tax is 20200-22000 yuan / ton; The ex factory quotation of anatase titanium dioxide including tax is between 18000-19500 yuan / ton.

In terms of titanium concentrate, the price of titanium concentrate in Panxi increased slightly this week. The supply of titanium ore market is tight and the market starts at a low level. The inventory of small and medium-sized manufacturers is low, manufacturers send more early orders, and the reluctance to sell is obvious. Up to now, the tax free quotation of 38 grade titanium ore is about 1550 yuan / ton, that of 46 grade 10 titanium ore is about 2420-2450 yuan / ton, and that of 47 grade 20 ore is about 2550 yuan / ton. In the short term, the price of Panxi titanium concentrate will continue to be high and firm, and the actual transaction price will be negotiated.

In terms of sulfuric acid, the domestic sulfuric acid market rose this week, according to the bulk list data of business society. The average price of domestic sulfuric acid was 800 yuan / ton last Friday and 831.67 yuan / ton this Friday. The price increased by 3.96% during the week. The upstream sulfur market has risen sharply recently, and the cost support is good. Some sulfuric acid manufacturers have insufficient operation, the load is reduced, the downstream formic acid market has increased slightly, the bromine market price has been adjusted at a low level, and the downstream procurement enthusiasm is general.

3、 Future forecast

Titanium dioxide analysts of business society believe that: at present, the international titanium dioxide market is good, which is good for the domestic market. On the whole, the raw material titanium concentrate increased slightly, the price of sulfuric acid increased, and the cost support was strong. It is expected that the price focus of titanium dioxide will be upward in the short term, and the actual transaction price will be mainly discussed.

The price of aluminum fluoride fluctuated and fell this week

According to the data of business agency, the price of aluminum fluoride fluctuated and fell this week. As of March 14, the average price of domestic aluminum fluoride was 11075 yuan / ton, down 1.56% from 11250 yuan / ton on March 7 last week; Aluminum fluoride market fell this week.

The price of raw materials fluctuated and fell

According to the monitoring of business society, the price of fluorite fell sharply in March, down 8.46%; Hydrofluoric acid prices fell slightly, down 0.46%. The price of raw materials fluorite and hydrofluoric acid fluctuated and fell, the cost of aluminum fluoride decreased, and the downward pressure of aluminum fluoride increased.

The price of electrolytic aluminum fell due to shock

According to the monitoring of business society, the price of electrolytic aluminum fell slightly this week, down 2.90%. This week, the aluminum price fluctuated and fell, the operation of electrolytic aluminum manufacturers was stable, the demand for aluminum fluoride was temporarily stable, the downstream market was weak and stable, and the rising power of aluminum fluoride was weakened.

Market overview and forecast

Analysts of aluminum fluoride industry of business society believe that this week, the price of hydrofluoric acid fell, the price of fluorite fell, the cost of aluminum fluoride fell weakly, the demand for aluminum fluoride weakened, the start of aluminum fluoride manufacturers resumed, and the supply of aluminum fluoride was stable. In the future, the cost fell weakly, the supply and demand were stable, the downward pressure of aluminum fluoride increased, and the upward momentum remained. In the future, the price of aluminum fluoride decreased weakly.

According to the bulk list data of business society, as of March 11, the average quotation price of acrylic acid in East China was 16100.00 yuan / ton, up 0.41% from Monday, 2.54% from February 11, and 8.28% year-on-year in a three-month cycle.

The market price of acrylic acid rose slightly this week. Recently, the price of raw propylene has been running at a high level, with obvious cost pressure. Some units on the supply side have been shut down for maintenance, the supply has shrunk, and the downstream demand is gradually recovering. The operator’s mentality is cautious, the market negotiation is mild, and the price focus is high.

Upstream propylene, according to the data monitoring of business society, the reference price of propylene was 9170.50 on March 10, up 8.73% compared with March 1 (8433.83).

According to the acrylic acid analyst of business society, at present, the price of raw propylene is high, the cost support is still strong, some units are shut down for maintenance, and the downstream just needs to follow up. It is expected that in the short term, the acrylic acid market may operate at a high level, and more attention should be paid to the guidance of market news.

1、 Price trend

According to the bulk data monitoring of business agency, as of March 4, the average price of refrigerant R22 was 17500 yuan / ton, which was the same as that at the beginning of the week, with an increase of 0% during the week and 15.89 /% compared with the same period last year

According to the bulk data monitoring of business society, as of March 4, the average price of refrigerant R134a was 27500 yuan / ton, which was the same as the price of 27500 yuan / ton at the beginning of the week, with an increase of 0% during the week and 41.51% compared with the same period last year.

2、 Market analysis

The market of refrigerant R22 was temporarily stable this week, and the prices of mainstream manufacturers were basically not adjusted. After the increase in the early stage, it remained stable. The trend of raw material hydrofluoric acid declined, chloroform was temporarily stable, the support of cost was slightly weakened, the fundamentals fluctuated little, and R22 trend was strong. As of the weekend, the price of raw hydrofluoric acid is mostly 10870 yuan / ton, the price of chloroform is about 5100 yuan / ton, the price of R22 is mostly in the range of 17000-18000 yuan / ton, the price of Shandong is about 17500 yuan / ton, the price of Zhejiang is about 17000-17500 yuan / ton, the price of Hunan is about 17500-18000 yuan / ton, and the price of Guangzhou is about 18000 yuan / ton.

This week, the market of refrigerant R134a is running stably temporarily, the trend of raw material hydrofluoric acid is declining, the price of trichloroethylene is high, the cost support is strong, but the demand is weak, the market supply exceeds demand, the shipment of enterprises is under pressure, the negotiation is profitable, the active clearing is the main, and the market trading atmosphere is light. By the end of the weekend, the market quotation of R134a was in the range of 25000-30000 yuan / ton, about 25500-26000 yuan / ton in Zhejiang, about 25500-26000 yuan / ton in Hunan, about 27000-30000 yuan / ton in Jiangsu and about 27000 yuan / ton in Guangzhou.

In terms of raw materials, the price trend of domestic hydrofluoric acid fell this week. Up to now, the mainstream price negotiated by various regions of domestic hydrofluoric acid is 10000-10500 yuan / ton, and the quotation of some manufacturers is higher than the market price. The actual transaction price on the floor this week mainly fell. Recently, the domestic spot supply of hydrofluoric acid is normal, but the downstream acceptance is not high, and the market price trend of hydrofluoric acid fell.

3、 Future forecast

Business community refrigerant analysts believe that the current cost power is OK, but the demand continues to be weak, the market transaction atmosphere is poor, there is pressure on enterprise sales, and the prices of R22 and R134a are stable and falling in the short term.

According to the data monitored by the business society, the PP market trend was positive in early March, and the spot prices of various brands increased to a certain extent last week. As of March 7, the mainstream offer price of T30S (wire drawing) from domestic manufacturers and traders was about 9180 yuan / ton, up or down by + 7.87% compared with the average price at the beginning of the month.

Cause analysis

Industrial chain: in terms of upstream propylene, the price of propylene in Shandong market increased significantly twice last week, and the average price exceeded 9000 yuan / ton. The downstream demand is general. Under the expectation of price rise, the purchase intention of the downstream is enhanced, but at the same time, some demand users are in wait-and-see mood. It is estimated that the propylene short-term market may be dominated by strong operation under the support of cost.

The prices of raw propylene and upstream crude oil rose sharply. Due to the further deterioration of the situation in Russia and Ukraine, the Western camp’s sanctions against Russia have been upgraded, the market’s expectation of future energy supply interruption has been further strengthened, and the petrochemical industry chain has continued to rise strongly. Although the dynamic coal is weak, the cost side of PP is generally stronger. In terms of supply, the current PP supply continues the pattern of last month, and the spot supply in the market is abundant. The operating rate of the industry is at a high level, and enterprises gradually reduce the load due to high inventory and reduced profits. In terms of social demand, there is also limited inventory improvement in the midstream. Although the resumption of work of downstream enterprises has improved after the Lantern Festival, the demand on the site is still weak. Generally, there are few large order preparation operations, the buyer’s mentality is empty, and the purchase tends to just need to maintain production.

In terms of fiber materials, according to the data monitored by the business society, as of March 7, the spot price of domestic fiber PP was similar to that of wire drawing materials. The mainstream offer price of Z30S (fiber) from domestic manufacturers and traders was about 9166.67 yuan / ton, up or down by + 8.27% compared with the average price at the beginning of the month, with a year-on-year decrease of – 2.31. Last week, the start-up of the main downstream non-woven enterprises of PP fiber materials increased slowly, and the overall load was about 50%. In terms of demand, the feedback is slow and the growth is slow, and the terminal enterprises take goods in favor of just need to maintain production. In the early stage, the stock has accumulated continuously. At present, the proportion of fiber material production in polypropylene is under pressure, and the price of fiber material may continue to rise under the pressure of cost side.

In terms of meltblown materials, the meltblown PP market rose last week. As of March 7, the average quotation of domestic meltblown material sample enterprises monitored by business society was about 10016.67 yuan / ton, with an increase or decrease of + 3.44% compared with the average price level at the beginning of the month. At present, health events in various countries are still not optimistic. Local diagnosis occurs sporadically in some parts of China, which does not significantly promote the spot market of melt blown cloth. The supply of meltblown materials in the site is sufficient, and the saturation pattern of domestic meltblown materials and cloth enterprises remains unchanged. At present, the cost side is favorable to the spot price. It is expected that the melt blown material may run stronger in the short term, but the melt blown PP may cause the decline of enterprise profits under the cost pressure.

Future forecast

PP analysts of business society believe that the domestic polypropylene market increased greatly in early March, the cost side dynamic coal leveled, propylene and crude oil rose sharply, the tension in Eastern Europe increased, the market worried about the instability of the supply chain, and the cost side strongly supported the spot price of PP. The operating rate of terminal enterprises is general, and the improvement of demand is limited. In the early stage, the stock accumulation of PP enterprises and merchants has eased slightly. It is expected that the PP market may continue to rise under supply pressure in the short term.

1、 Price trend:

According to the bulk list data of business society, the domestic market of PA6 fell violently in February, and the spot prices of various brands decreased as a whole. As of February 25, the mainstream offer price of the sample enterprises for China viscosity 2.75-2.85 was about 15800 yuan / ton, with an increase or decrease of – 1.66% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

Industrial chain: in the upstream, the price of caprolactam and its raw material pure benzene was raised last week due to the rise of crude oil price and the strengthening of cost support. In the short term, the raw material market continues the upward trend, and caprolactam is rising steadily. It is recommended to pay attention to cost side changes.

The price of caprolactam in the upstream rose, and the cost side support of PA6 strengthened. The operating rate of domestic PA6 polymerization plant is relatively stable at 70%. This week, the supply side continued the previous abundant pattern, and the demand of downstream enterprises was flat. In addition to contract production and delivery, there were few large-scale goods preparation on site. There was a lack of trading during the week, and the improvement of market momentum was limited. Due to the further deterioration of the situation in Russia and Ukraine, the Western camp’s sanctions against Russia have been upgraded, the market’s expectation of future energy supply interruption has been further strengthened, the petrochemical industry chain continues to rise strongly, and the main benefit of PA6 is still the cost side.

3、 Future forecast:

Business analysts believe that: last week, the spot price of PA6 fluctuated and rose, the trend of caprolactam rose, and the cost support of PA6 strengthened. The expansion of terminal demand is less than expected, the buyer’s mentality is not strong, and there is resistance to the supply of high price goods. It is expected that the PA6 market may remain strong and volatile in the short term.

1、 Price trend

As can be seen from the above figure, the domestic market price of imported potassium chloride increased slightly this week, and the quotation increased from 4516.67 yuan / ton last weekend to 4833.33 yuan / ton this weekend, an increase of 7.01%. The ex factory price of domestic potassium chloride was temporarily stable this week. This week, the factory quotation of domestic salt lake potassium chloride was 3490.00 yuan / ton, up 61.95% year-on-year compared with the same period last year. The market price is about 4100-4400 yuan / ton. On March 3, the commodity index of potassium chloride (import) was 123.25, unchanged from yesterday, hitting a record high in the cycle, up 27.44% from the lowest point of 96.71 on September 16, 2021. (Note: the period refers to the period from September 1, 2021 to now)

2、 Market analysis

The quotation of mainstream domestic potassium chloride manufacturers increased slightly this week: the factory quotation of Qinghai Salt Lake potassium chloride at the weekend was 3490 yuan / ton, which was temporarily stable compared with that at the beginning of the week. Youdeshi offered 4800 yuan / ton for potassium chloride distribution this weekend, up 300 yuan / ton compared with last weekend. Zibo Dehe offered 5000 yuan / ton of potassium chloride this weekend, an increase of 350 yuan / ton compared with last weekend. Anhui Badou offered 4700 yuan / ton of potassium chloride this weekend, up 300 yuan / ton compared with last weekend. The price of 62% white potassium in the port is about 4600 yuan / ton. The price of 60% Dahong granules in the port has been increased by 4800-4900 yuan / ton. Border trade 62% Russian White potassium is about 4500 yuan / ton.

From the downstream market of potassium chloride, the ex factory price of potassium carbonate rose slightly this week. The quotation increased from 8433.33 yuan / ton at the beginning of the week to 8500.00 yuan / ton at the end of the week, an increase of 0.79%, an increase of 28.30% year-on-year compared with the same period last year. The ex factory price of potassium nitrate increased slightly this week. The quotation increased from 6300.00 yuan / ton at the beginning of the week to 6366.67 yuan / ton at the end of the week, an increase of 1.06%, up 52.50% year-on-year compared with the same period last year. Overall, the downstream market of potassium chloride rose slightly, and the downstream demand for potassium chloride was good.

3、 Future forecast

The overall trend of potassium chloride Market in the middle and late March may rise slightly. The price of potassium chloride in Salt Lake and zangge is temporarily stable, but the market supply is still limited and the supply is tight. With the advent of spring ploughing, agricultural demand has increased, and traders are actively taking goods. In terms of industry, the downstream market of potassium chloride increased slightly, the downstream demand is good, and the just need to purchase is the main. The international price of potash fertilizer is adjusted at a high level, and the domestic potash fertilizer is still likely to rise. Potassium chloride analysts of business society believe that the import price of domestic potassium chloride may rise slightly in the short term.

According to the data monitored by the business community, as of February 28, the average price of domestic rubber grade high-grade white carbon black was 6100.00 yuan / ton. The white carbon black market was mainly stable, the price was weak, the upstream raw material price rose slightly, and the white carbon black market was stable. At present, the market supply is normal, the downstream just needs to purchase, and the transaction atmosphere is general.

In the first ten days of February, the mainstream price of white carbon black was about 6870 yuan / ton. The price was mainly stable. The overall market supply and demand was balanced and operated in a narrow range. It was mainly for contract customers. Compared with the same period last month, the price increased by 20.61%. In the first ten days of February, the white carbon black market was stable, medium and strong.

In mid February, the mainstream price of white carbon black was about 6100 yuan / ton, and the price decreased slightly. It was mainly just needed to purchase, mainly for contract customers. The negotiation atmosphere was flat, the scope of price change was limited, and the white carbon black market was weak, and the operation was sorted out.

In late February, the mainstream price of white carbon black was about 6100 yuan / ton, and the price was mainly weak. Compared with the same period last week, there was no significant change in the price. The overall market was balanced in supply and demand, mainly for just needed procurement, mainly for contract customers. The negotiation atmosphere was flat, and the white carbon black market was stable, medium and strong.

Upstream hydrochloric acid: in February, the domestic market price of hydrochloric acid first fell and then rose. The quotation first fell from 296.00 yuan / ton on February 1 to 234.00 yuan / ton on February 9, down 62.00 yuan / ton, down 20.95%, and then rose to 266.00 yuan / ton on February 25, up 13.68%, up 38.18% year-on-year. Business analysts believe that hydrochloric acid mainly fluctuates and rises slightly in the short term.

Chemical commodity index: on February 27, the chemical index was 1145 points, unchanged from yesterday, down 18.21% from the highest point of 1400 points in the cycle (2021-10-23), and up 91.47% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to the period from December 1, 2011 to now)

The white carbon black analyst of business agency believes that it is expected that the white carbon black will operate smoothly in March, with a balance between supply and demand. (to know more about the industry chain market trends, welcome to pay attention to the official account of the business community, obtain commodity information, and grasp the commodity price).

On February 27, the hydrobenzene commodity index was 88.02, unchanged from yesterday, down 13.71% from the highest point of 102.01 in the cycle (2014-01-09), and up 193.50% from the lowest point of 29.99 on April 7, 2020. (Note: the period refers to the period from December 1, 2013 to now).

Summary of price adjustment of Sinopec pure benzene (unit: yuan / ton)

Date, Adjusted price, Adjustment amount

July 2, 8100.,+400

February 14, 7950.,-150

February 18, 7750.,-200

February 24, 7900.,+150

On February 24, 2022, the listing price of Sinopec pure benzene was increased by 150 yuan / ton, 7900 yuan / ton, and Qilu Petrochemical 7850 yuan / ton.

Other enterprises: Dongming Petrochemical offers 8000 yuan / ton, HSBC Petrochemical 7900 yuan / ton, Jincheng Petrochemical 7950 yuan / ton, Weilian chemical 8003 yuan / ton, Xinhai Petrochemical 7950 yuan / ton and Hongrun petrochemical 8450 yuan / ton.

Crude oil rose mainly this month. Positive: the prospect of crude oil demand is good and the geopolitical situation is tense; Bearish: positive signals from Iran’s nuclear negotiations. As of February 25, Brent rose $6.72 / barrel, or 7.37%; WTI rose $3.44/barrel, or 3.9%. On February 25, the price of international crude oil futures fell. Us WTI crude oil futures contract settlement price in April was US $91.59/barrel, down US $1.22 or 1.31%; The settlement price of Brent crude oil futures contract in April was US $95.42/barrel, down US $1.15 or 1.20%.

In February 2022, the first half of the hydrobenzene market was dominated by the shock trend in the second half of the month. The ex factory price in North China was 7525 yuan / ton at the beginning of the month and 7975 yuan / ton at the end of the month, with a monthly increase of 5.98%.

During the Spring Festival, the strong rise of crude oil led to the positive follow-up of relevant energy and chemical products. The shipment of pure benzene from local refining enterprises in Shandong Province was good, and the price rose actively. After the festival, Sinopec raised the price of pure benzene to 8100 yuan / ton, and the market negotiation was positive. However, with the weakening of crude oil support and the limited follow-up of downstream end products, the whole pure benzene industry chain weakened, the holders took profits and the price fell continuously. In late June, tensions between Russia and Ukraine escalated, crude oil rose significantly in the short term, the cost side drove pure benzene to rise, and the price rebounded rapidly. The hydrogenated benzene market closely follows the trend of pure benzene. In the first half of the month, the behavior is dominant, and the second half of the month enters the consolidation shock period.

In the future, the business agency believes that at present, pure benzene is obviously affected by the fluctuation of crude oil trend. In terms of demand, some downstream enterprises have insufficient profit space and lack of power to catch up, and some factories shut down to reduce the burden. The demand is limited, and the upward pressure of pure benzene increases, which may fall; If crude oil continues to rise, or support pure benzene to rise. Continue to pay attention to the impact of the international crude oil market, the external market, the dynamics of pure benzene and downstream devices, and changes in demand on the price of pure benzene.

In February 2022, the domestic 1# tin ingot market price fluctuated widely, but the overall trend remained upward. The average price in the domestic market was 329590 yuan / ton at the beginning of the month and 340730 yuan / ton at the end of the month, with a monthly increase of 3.38%.

On February 27, the tin commodity index was 173.54, unchanged from yesterday, hitting a record high in the cycle, up 304.90% from the lowest point of 42.86 on December 9, 2015. (Note: the period refers to the period from September 1, 2011 to now).

After many shocks in the tin market in February, the overall market is still an upward trend. In terms of supply, some manufacturers are still in the maintenance state, but the overall operating rate has increased to a certain extent compared with the previous period. It is expected that the large factories overhauled in the early period in mid and late March will gradually return to work. At present, the supply of tin ore is relatively stable, but the overall supply is still tight. In terms of downstream demand, downstream manufacturers gradually resumed work after the Spring Festival. Because the resumption time was later than that in the upstream, the demand was weak this month. However, the high tin price has affected the demand for downstream goods preparation. At present, the downstream goods are still prepared according to the principle of purchasing on demand.

From a fundamental point of view, tin is still in a pattern of weak supply and demand, and low inventory continues to support the rise of tin price. However, due to the general recovery in the downstream and small demand support, the tin price will still maintain a volatile trend in a short time, and we still need to pay attention to the downstream demand in the future.

Relevant data:

According to the latest report data released by the world Bureau of Metal Statistics (WBMs), the global tin market had a surplus of 2100 tons from January to December 2021. From January to December 2021, the output of refined tin increased by 3000 tons compared with the same period in 2020, and the apparent demand decreased by 1.7% to 378000 tons compared with the same period in 2020. In December 2021, the global refined tin output was 29100 tons and the consumption was 30500 tons.

On February 25, 2022, the London Metal Exchange (LME) tin inventory increased by 15 tons (unit: ton) by 2255 tons