1、 Price trend

According to the monitoring of commodity data, the price of titanium dioxide is stable and small this month. At the beginning of the month, the average price of domestic titanium dioxide was 20850 yuan / ton, and at the end of the month, the average price was 20800 yuan / ton. The price decreased slightly within the month, with a range of 0.24%.

2、 Market analysis

The titanium dioxide market was basically stable this month, with a slight decrease. At present, the titanium dioxide market is still dominated by export, and manufacturers mainly issue early orders. The trading situation in the domestic market is acceptable. Traders are more cautious in taking goods, wait-and-see, and purchase more on demand in the downstream. The price remains stable. Up to now, the factory quotation including tax of domestic rutile titanium dioxide is 20000-21600 yuan / ton; The ex factory quotation of anatase titanium dioxide including tax is between 18200-19500 yuan / ton. The actual transaction price is subject to single negotiation. Recently, international titanium dioxide enterprises fannengtuo and Connors sent a letter to raise the price of titanium dioxide on April 1, which will benefit the domestic titanium dioxide market.

In terms of titanium concentrate, the price of titanium concentrate in Panxi area increased this month. The titanium ore market is acceptable, the downstream market demand is acceptable, and the purchase is mainly on demand. Manufacturers send more early orders, small and medium-sized miners are slightly nervous about the spot, 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 2400-2420 yuan / ton, and that of 47 grade 20 ore is about 2450-2550 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 discussed.

In terms of sulfuric acid, according to the data of the bulk list of business society, the domestic sulfuric acid market rose sharply this week. At the beginning of the month, the average price of domestic titanium dioxide was 726.67 yuan / ton, and the average price at the end of the month was 790 yuan / ton. The price increased within the month, with a range of 8.72%. The price of domestic mainstream sulfuric acid manufacturers rose this month, and the manufacturer’s inventory was small. The downstream market has ups and downs, mainly sorting, and the downstream has general enthusiasm for sulfuric acid procurement. On the whole, the upstream and downstream products had a positive impact on the price of sulfuric acid this month. Sulfuric acid analysts of business society believe that under the influence of supply and demand and raw materials in the short-term sulfuric acid market, the sulfuric acid market may rise slightly.

3、 Future forecast

Titanium dioxide analysts of business society believe that the spot market of titanium ore continues to be tight, the price rises, the price of sulfuric acid also continues to rise, and the cost support performance is strong. At the same time, export orders performed well, and international titanium dioxide enterprises fannengtuo and Connors sent a letter to increase the price of titanium dioxide, which was superimposed by positive factors. It is expected that the titanium dioxide market will run steadily and well in the short term, and the actual transaction price will be mainly discussed.

The price of propylene oxide rose 16.00% year-on-year to 24.00% in the three-month period ending on November 2, according to the data of the bulk chlorine agency.

In February, epichlorohydrin market rose first and then fell. After the festival, the price of raw material propylene rose, the glycerol market operated strongly, the cost support increased, the manufacturers had no pressure, the downstream terminals resumed work one after another, the enthusiasm for inquiry and procurement increased, the market mentality improved, and the market price of epichlorohydrin increased. As the downstream just needs replenishment after the festival, the enthusiasm of market inquiry and procurement is weakened, the consumption is about long and the inventory is dominated, the mentality of cargo holders is under pressure, the price of epichlorohydrin is lower, the downstream demand is not followed up in the latter ten days, the market trading atmosphere is light, and the market is weak.

Upstream propylene, according to the data monitoring of business society, the reference price of propylene was 7984.00 on February 23, up 3.01% compared with February 1 (7750.80). After another decline in the domestic propylene price, the market began to stop falling and rebound, of which propylene (Shandong) rose to 8000-8050 yuan / ton. On the one hand, the price of crude oil is rising and the cost pressure is increasing; On the other hand, the downstream returned to normal, the terminal procurement continued to follow up, and the price rose with the trend.

For downstream epoxy resin, on February 23, the liquid epoxy resin Market in East China was light, and the actual order fell negatively. The low offer fell 200-300 again, and the negotiation was 28000-28600 yuan / ton. Raw material bisphenol A fell, the market offer was 18200 yuan / ton, and cyclic chlorine fell. The cost side is weak and the actual single transaction is insufficient.

The epichlorohydrin analyst of business society believes that the current cost side has certain support. With the price falling to a low level, the market inquiry atmosphere is improved, and the downstream inventory and replenishment expectation, it is expected that the market of epichlorohydrin may stop falling and sort out in the short term. More attention should be paid to the guidance of market news.

1、 Price trend

According to the bulk list data of business society, the average ex factory price of domestic liquid caprolactam was 14275 yuan / ton on February 14 and 13837 yuan / ton on February 21. The price of caprolactam fell 3.06% this week.

2、 Market analysis

Caprolactam prices fell this week. The price of raw material pure benzene fell and the cost support was insufficient. There is a large spot supply of caprolactam, and the market focus continues to move downward. The downstream PA6 chip market is poor, and the demand for caprolactam is reduced. As of February 21, the price of Sinopec caprolactam liquid was 14500 yuan / ton. The price of Baling Hengyi caprolactam liquid is 14500 yuan / ton, 450000 tons / year. The unit is started normally and delivered after acceptance. The price of caprolactam liquid of Baling Petrochemical is 14500 yuan / ton, 450000 tons / year. The unit is started normally and delivered after acceptance. Shandong Luxi Chemical caprolactam quoted 13150 yuan / ton, and the manufacturer’s production capacity is 300000 tons. The price of Shandong Hualu Hengsheng caprolactam bulk water is 13800 yuan / ton, which is accepted and sent to East China, and the manufacturer’s unit capacity is 300000 tons / year.

This week, the price of raw material pure benzene continued to decline, with an obvious decline. Affected by the rise of crude oil at the beginning of the week, the price of pure benzene opened higher. However, due to the rapid rise in the early stage and insufficient support on the demand side, the uncertainty of the trend of superimposed crude oil increased, the guidance for pure benzene weakened, and the price of styrene fell, and pure benzene followed the downward trend. Local refining enterprises in Shandong Province generally ship goods, with inventory accumulation and mentality. This week, Sinopec cut the price of pure benzene by 200 yuan / ton to 7750 yuan / ton.

3、 Future forecast

Caprolactam analysts of business society believe that at present, the supply and demand side of caprolactam is under pressure, and the spot price has fallen. The price of raw material pure benzene was lowered, and the downstream PA6 chip market was depressed. Under various bad conditions, caprolactam is weak and the confidence in the field is insufficient. The caprolactam market is expected to be weak in the short term, mainly running downward.

According to the monitoring sample data of business society, as of February 22, the average price of melamine enterprises was 13166.67 yuan / ton, down 13.15% compared with last Tuesday (February 15), up 27.83% compared with January 22, and down 24.90% year-on-year in a three-month cycle.

The melamine market has fallen recently. Recently, the price of raw material urea is weak, the cost support is general, the downstream demand is light, the manufacturer’s shipment is under pressure, the focus of market negotiation is lower, the mentality of buying up rather than buying down, the downstream is mainly cautious, the procurement enthusiasm is weakened, and the market trading atmosphere is not good.

For upstream urea, the domestic urea market fell slightly on February 21. On February 21, the reference price of urea was 2664.00, up 0.76% compared with February 1 (2644.00).

Melamine analysts of business society believe that at present, the cost support is limited, the demand performance is weak, coupled with the expectation of increased supply, and the market mentality is under pressure. It is expected that the melamine market may be weak in the short term.

According to the price monitoring of business agency, the domestic PTA spot market price fell slightly since February 8, and the decline expanded last week. As of February 18, the average market price was 5402 yuan / ton, with a weekly decline of 5.09%.

Statistics of recent changes in domestic PTA units

manufacturing enterprise Unit capacity (10000 t / a) Device change

Yisheng Ningbo two hundred Maintenance for 2 weeks on February 10.

Yisheng new materials three hundred and thirty From February 9 to the end of February, the load was reduced to 50%.

three hundred and thirty The test run was started on January 28, and 50% was started in early February.

Zhongtai petrochemical one hundred and twenty About 80% of the construction started in early February.

Yangzi Petrochemical sixty-five Maintenance in late March and February.

Dushan energy two hundred and twenty Minor repair, to be determined.

In terms of supply, there has been little change in PTA plant units recently. Among them, the two sets of Yisheng new materials, with a total of 6.6 million tons, have been reduced by 50%, the 2 million ton / year PTA unit in Yisheng Ningbo was shut down for maintenance on February 10, and the 1.2 million ton PTA unit of Zhongtai Petrochemical started about 80% in early February. The 2.25 million ton PTA plant in Yisheng Dalian is planned to be overhauled in early March, and the specific situation is to be determined. At present, the operating rate of PTA industry has dropped to around 80%.

The production and sales of polyester in the downstream are generally flat, and the resumption of terminal weaving is slow. The starting load of looms in Jiangsu and Zhejiang has gradually increased to around 46%. However, due to the scarcity of terminal orders, it is generally bearish on the price expectation of raw polyester filament, so it is cautious about raw material procurement.

Business analysts believe that there is no new maintenance or restart plan for domestic PTA devices in the near future, and the short-term domestic PTA supply is expected to remain stable, but the recent PTA processing fee has been reduced to less than 300 yuan / ton. Under the low processing fee, PTA devices may have accidental maintenance and production reduction. In terms of demand, after the Lantern Festival, the downstream polyester and terminal looms will resume work and production, and the demand will be warmer. The short-term PTA is dragged down by the crude oil callback, which will weaken the shock, but generally speaking, the falling space is limited.

1、 Price trend

According to the bulk data monitoring of business society, as of February 18, the average price of refrigerant R22 was 17333.33 yuan / ton, an increase of 166 yuan / ton compared with 17166.67 yuan / ton at the beginning of the week, an increase of 0.97% during the week and 22.93 /% compared with the same period last year

According to the bulk data monitoring of business society, as of February 18, the average price of refrigerant R134a was 27500 yuan / ton, an increase of 166 yuan / ton compared with 27333.33 yuan / ton at the beginning of the week, an increase of 0.61% during the week and 39.12% compared with the same period last year.

2、 Market analysis

This week’s refrigerant R22 market rose steadily, slightly higher than last week’s price. Many enterprise quotations rose steadily, with a range of about 100-500 yuan / ton. The price of raw materials hydrofluoric acid and chloroform is temporarily stable, and there is support on the cost side, but the export and domestic sales are still sluggish. The recovery of the downstream market after the festival is not as expected, and the support on the demand side is general, so R22 prices are dragged higher. By the end of the week, according to the data of the business agency, the market quotation of R22 was mostly in the range of 16800-17800 yuan / ton, the quotation in Shandong was about 17000-17500 yuan / ton, the quotation in Zhejiang was about 16800-17500 yuan / ton, the quotation in Hunan was about 17000-17500 yuan / ton, and the quotation in Guangzhou was about 17500 yuan / ton. The prices in various places have risen steadily.

The market of refrigerant R134a rose steadily this week. Some enterprises raised 500-1000 yuan / ton. The price of raw material hydrofluoric acid was temporarily stable. The supply of trichloroethylene was tight, the price rose, the cost support was strong, and the market of R134a rose. However, the market demand was not high, the shipment of enterprises was blocked, the inventory increased, there was a certain pressure on sales, and the increase range was relatively conservative. According to the data of business agency, the market quotation of R134a is in the range of 25000-30000 yuan / ton, the quotation in Zhejiang is about 25000-26000 yuan / ton, the quotation in Hunan is about 25500-26000 yuan / ton, the quotation in Jiangsu is about 27000-30000 yuan / ton, and the quotation in Guangzhou is about 26000 yuan / ton, with local prices rising slightly.

In terms of raw materials, on February 18, the price trend of domestic hydrofluoric acid market was temporarily stable, the operation of on-site devices was stable, the supply of goods was normal, the market price of anhydrous hydrofluoric acid was temporarily stable, and the recent stable price of fluorite had a certain impact on the loss of support for the hydrofluoric acid market. In addition, the operating rate of downstream refrigerant industry was still at a low level, and the actual demand was at a low level, With regard to the Limited procurement of hydrofluoric acid and the recent upward trend of refrigerant market, it is expected that the market price of hydrofluoric acid may stabilize temporarily.

3、 Future forecast

Refrigerant analysts of business society believe that under the current cost support, the prices of R22 and R134a are rising steadily, but the demand follow-up is insufficient, so it is difficult to have a significant rise. It is expected that R22 and R134a will stabilize in the short term.

According to the monitoring data of business agency, the external price of ethylene fell this week. The average price of ethylene at the beginning of the week was US $1308.00/ton, and the average price of ethylene at the weekend was US $1215.75/ton, down 7.05%. The current price fell by 1.44% month on month, and the current price rose by 25.04% year-on-year.

This week, the external ethylene market generally showed a downward trend. Asian ethylene market prices rose. As of the 16th, CFR Northeast Asia closed at US $1206-1216 / ton and CFR Southeast Asia closed at US $1186-1196 / ton. European ethylene market prices fell sharply. As of the 16th, FD northwest Europe closed at US $1257-1268 / ton and CIF northwest Europe closed at US $1194-1201 / ton. The price of ethylene in the United States fluctuated slightly. As of the 16th, the price was 840-858 yuan / ton. The external ethylene market rose and fell this week, mainly affected by the upstream crude oil market, and the price was chaotic. The large decline of ethylene in Europe led to the decline of ethylene market.

International: on February 16, the price of international crude oil futures rose. The settlement price of the main contract of WTI crude oil futures in the United States was US $93.66/barrel, up US $1.59 or 1.7%, and the settlement price of the main contract of Brent crude oil futures was US $94.81/barrel, up US $1.53 or 1.6%. US Energy Information Administration (EIA) data showed that US fuel demand hit a record high, and oil prices were boosted upward.

Recently, Shandong styrene market is weak. The raw material pure benzene continues to rise and fall, and the cost support is weakened, but it is still maintained. The position of night futures decreased. Short term supply increment, sufficient supply, slow resumption of work in the downstream, insufficient spot demand, market spot trading is still depressed, and there is a confrontation between supply and demand. The price of styrene in East China is around 8700-8900 yuan / ton. The price is around 8750 yuan / ton in Northeast China and 9100-9150 yuan / ton in South China. On the whole, supply and demand are facing a game of confrontation, and market expectations are still volatile in the short term.

Ethylene analysts of the chemical branch of the business agency believe that: at present, in terms of crude oil: the international oil price has been at a high level recently, the cost support is strong, and the market situation is good. Therefore, the data analysts of the business agency expect the external price of ethylene to rise next.

Price trend of metallic magnesium

Market analysis this week

In the first week after the Spring Festival, the magnesium market rose steadily. As the market demand was not fully released soon after the festival, the overall market was stable. According to the price monitoring of the business agency, as of the 11th, the ex factory quotation including tax in the domestic magnesium ingot Market was 45000 yuan / ton, up 2000 yuan / ton from a year ago.

In terms of factories, many have returned to normal work and successively completed the futures orders of years ago. Considering that the previous environmental protection policies have not been implemented yet, and the magnesium ingot Market is still likely to rise, the manufacturers have inventory and are reluctant to sell. In terms of demand, the downstream has more resources after replenishment years ago, and large-scale procurement is not considered for the time being. In addition, some downstream businesses have not finished their holidays. It can also be seen from the market performance at the end of the week that the inquiry began to ease, and the mainstream transaction price is stuck at about 43000 yuan / ton, mainly on the sidelines, and the follow-up development of demand needs needs to be observed.

Future forecast

Business analysts believe that just after the Spring Festival, the demand side has not been fully opened, coupled with the uncertainty of environmental protection policies, the sentiment of magnesium market is relatively mild. At present, the view on the price of magnesium ingots in the short term is still in a game wait-and-see situation, and most of them hold a stable view.

According to the data monitoring of business agency, the chloroform market rose slightly this week (2.7-2.11). As of February 11, the price of chloroform apron in Shandong was 4950 yuan / ton, up 6.74% from 4637 yuan / ton at the beginning of the week.

Load of domestic methane chloride plant this week.

According to the business agency, the start-up of domestic methane chloride increased slightly after the festival, but the Jinling Dongying unit is planned to be shut down for maintenance in the later stage, and the supply side in Shandong is expected to be tight. At present, in order to cope with the preparation of downstream refrigerants, the production proportion of enterprise methane chloride unit is mostly inclined to trichloromethane, and the supply side is relatively not too tight.

After the festival, the price of raw material methanol rose, supported by the cost side. According to the business agency, as of February 11, the price of methanol was 2745 yuan / ton, up 1.39% from 2707 yuan / ton before the festival.

Downstream refrigerant enterprises prepare goods in peak season and need strong support for chloroform.

Analysts of methane chloride data of business society believe that the rigid demand has strong support for trichloromethane, coupled with the expected tight supply of unit operation, it is expected that the trichloromethane market will rise steadily and slightly in the later stage.

After the festival (2.7-11), the domestic ethyl acetate market fell. According to the statistics of the business society, the decline this week was 0.97%, mainly due to the lower cost of acetic acid raw materials, the stable operation and sufficient supply of main factories, the superposition of large factories to reduce the quotation, and the market was bearish. At the weekend, the price of ethyl acetate was in the range of 8300-8500 yuan / ton.

First of all, in terms of cost, domestic acetic acid fell sharply this week. According to the monitoring of business society, the weekly decline of acetic acid in East China was 5.76%. After the festival, the supply of domestic acetic acid enterprises was sufficient, especially the 700000 T / a acetic acid plant in Guangxi Huayi phase II was successfully put into operation, and the market supply increased, resulting in the situation of oversupply. Acetic acid brought cost repression, and the ethyl acetate Market was dragged down.

From the above figure, the price comparison chart of acetic acid and ethyl acetate shows that they basically maintain the same trend, but the price performance of acetic acid is weak and the curve is close, indicating that the profits of downstream ethyl acetate enterprises are still improving.

In addition, from the perspective of ethyl acetate supply, the operating rate of ethyl acetate after the festival has increased. Previously, the resumption of driving of large factories in Jiangsu after the festival has brought stable supply. At present, ethyl acetate has formed a pattern of oversupply.

On the demand side, the downstream demand starts slowly after the festival, and most downstream factories have not started. Although dealers have entered the market one after another, the overall market trading is general. North China is mainly affected by the Winter Olympic Games, there are many restrictions on transportation, and most market people are bearish on the future market.

In the future, the ethyl acetate analyst of business society believes that the current market of ethyl acetate is weak and the market supply and demand remains weak and stable. However, the current market demand is weak and constrained by the cost in the short term, so it is expected that the ethyl acetate Market will still be difficult to improve.