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On April 16, the domestic butadiene market declined weakly in China

Price Trend

The domestic butadiene market has been in a weak downward trend recently. As of April 16, the price of butadiene was 8090 yuan per ton.

II. Analysis of Influencing Factors

Products: Domestic butadiene market is weak downward, although the inventory of Northeast manufacturers is low, but the high price of supply and demand, aggravating the market bearish atmosphere, downstream is not lack of wait-and-see expectations, so the inquiry intention is low. The middleman’s offer intention is not high. The delivery price in Shandong is between 8100 and 8200 yuan/ton. East China refers to 8100 yuan/ton for discussion.

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Industry chain: downstream synthetic rubber, Qilu Styrene Butadiene Rubber 1502 price in 11350 yuan / ton, Qilu Shun Butadiene Rubber market price in 11500 yuan / ton, mainstream suppliers increased the supply of butadiene benzene, cis-butadiene, intermediaries quoted higher, but the actual single transaction still needs to wait and see.

3. Future Market Forecast

Although Northeast manufacturers’prices are supported by low inventory, there are abundant spot resources in the market, and the supply of goods in Northeast China is fluctuant. Market news is weak. Butadiene analysts of business associations predict that the domestic butadiene market will maintain a decline in the short term. They suggest that attention should be paid to the transaction guidelines.

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Toluene prices were raised as a whole this week (April 8-12)

Price Trend

According to the data from the business associations’list, the overall price of toluene in China increased this week. At the beginning of the week, the average price of toluene was 5,403 yuan/ton, while on Friday, the average price of toluene was 5,498 yuan/ton, with a weekly increase of 1.74%.

II. Analytical Review

1. Upstream: IEA said the pace of global crude oil demand may slow down. Russia said it had the ability to increase production to ease the supply contraction caused by geographical situation such as Venezuela. International oil prices rose steadily, with spot Brent between $70.82 and $71.585 per barrel. Crude oil outside high support, toluene prices all the way up.

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2. Market: FOB Korean toluene reference price also rose from $689 per ton at the beginning of the week to $703 per ton (closing on Friday), while import reference price in East China remained stable at around $708 per ton. Since Tuesday, the toluene price of Sinopec’s subsidiary has been raised by 100 yuan per ton.

3. Downstream: The port is well stocked, and the inventory in East China is around 73,000 tons. The demand of downstream distributors is not high, the market atmosphere was once cold and the wait-and-see atmosphere was strong.

3. Future Market Forecast

The toluene analyst of Business Society Chemical Branch thinks that in the near future, the toluene plant of large factories has entered the period of overhaul one after another, the output has decreased slightly, the international crude oil market is more ideal, while the toluene market is more stable and the market turnover is general, so it is expected that the toluene price will be more stable in the near future.

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The formaldehyde market fell this week (4.01-4.04)

Price Trend

According to the data from the commodity list of business associations, the domestic formaldehyde market fell this week, with the average price of formaldehyde at the beginning of the week (April 1) being 1600.00 yuan/ton, and at the end of the week (April 4), the average price of formaldehyde at the weekend (April 4) being 1500.00 yuan/ton, down by 6.25%, and the current price fell by 1.64% compared with last year.

II. Market Analysis

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Products: Domestic formaldehyde market prices fell. At the weekend, Hebei mainstream factory quotation was about 1 270 yuan/ton, South China mainstream factory quotation was about 1 350 yuan/ton, Shandong mainstream factory quotation was 1 400 yuan/ton, Jiangsu mainstream factory quotation was 1 500 yuan/ton. Tianning Chemical 80,000 tons of formaldehyde plant restarted, formaldehyde market supply is still available, downstream manufacturers affected by environmental protection start-up rate has increased, formaldehyde prices fell.

Industry chain: The upstream methanol market is affected by macro and port stocks. At the beginning of the week, the price is 2380.00 yuan/ton, and at the end of the week, it is 2417.00 yuan/ton, up 1.56%. No support for formaldehyde products, formaldehyde manufacturers have a general mentality, downstream maintenance just need to purchase, on-site trading is more cautious, formaldehyde prices fell.

3. Future Market Forecast

Upstream methanol market has risen slightly in recent days, cost support is still acceptable, downstream start-up rate is general, so business society chemical branch formaldehyde analysts expect that domestic formaldehyde prices or shock consolidation in the near future

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The trend of domestic hydrofluoric acid Market in China was temporarily stable on April 2

On April 1, the hydrofluoric acid commodity index was 95.96, down 1.82 points from yesterday, down 31.67% from the peak of 140.43 points in the cycle (2018-02-21), and up 79.06% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the price trend of domestic hydrofluoric acid market is temporarily stable in the near future. As of the 2nd day, the domestic market price of hydrofluoric acid is 10575 yuan/ton, and the domestic start-up rate of hydrofluoric acid is about 60%. Enterprises reflect that the supply of hydrofluoric acid on-site is normal at present, and the situation of off-site goods is poor in the near future. Some enterprises have increased their hydrofluoric acid inventory, and the ex-factory price has slightly decreased. Recently, due to the weak price of raw materials market. The market price of hydrofluoric acid is stable for the time being. At present, the mainstream of hydrofluoric acid negotiations in the southern region is around 9700-10500 yuan/ton, while the price of hydrofluoric acid in the northern market is between 1000-10500 yuan/ton. Domestic hydrofluoric acid market prices remain low, spot supply is sufficient, due to the recent weakness of the raw material market trend, fluorite price trend is slightly lower, which has a negative impact on hydrofluoric acid, hydrofluoric acid market price trend is temporarily stable.

Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid products prices are temporarily stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water factory offer price is between 18,000-19,000 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery market has increased. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. However, the on-site transaction price does not change much. Businessmen purchase on demand. Recently, due to poor purchasing situation, the price trend of hydrofluoric acid market remains weak.

Refrigerant field transactions are general, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is normal, but upstream fluorite prices are weak, Business Analyst Chen Ling believes that the hydrofluoric acid market may be slightly lower.

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March Dry Aluminum Fluoride Market Price Decline

Price Trend

According to the data of business associations, the domestic dry-process aluminium fluoride fell in March, with an average market price of 12,100 yuan/ton at the beginning of the month and 11,333 yuan/ton at the weekend, with a price drop of 6.34%.

II. Market Analysis

This week, the price of aluminium fluoride dropped: the current price of aluminium fluoride in Henan province is 9500-10500 yuan/ton, and the price of aluminium fluoride in Shandong province is about 9700-10500 yuan/ton. Zhengzhou Tianrui Grain Technology Co., Ltd. quoted 12,500 yuan per ton of aluminium fluoride, Shandong Luzeng Chemical Co., Ltd. to 11,500 yuan per ton of aluminium fluoride, Zhengzhou Zerun Energy and Chemical Co., Ltd. quoted 9500 yuan per ton of aluminium fluoride.

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Industry Chain: Hydrofluoric acid prices continued to decline in March, the main reason is that the domestic refrigerant industry device start-up rate is not ideal, the upstream raw material hydrofluoric acid market demand is general, coupled with the domestic hydrofluoric acid Market device start-up rate is higher, the site hydrofluoric acid spot supply is normal, enterprises reflect the current site hydrofluoric acid spot supply is sufficient, manufacturers out of the factory market is not good, hydrofluoric acid The price of hydrofluoric acid in the acid market is lower. At present, the mainstream of hydrofluoric acid negotiations in the southern region is 10,000-10,500 yuan/ton, while in the northern market, the price of hydrofluoric acid is 10,000-11,000 yuan/ton. With the rise of temperature and the rise of hydrofluoric acid start-up rate in the northern region, the hydrofluoric acid industry in the field has a negative impact, and the market price of hydrofluoric acid continues to decline. By the end of the month, the main negotiation price of hydrofluoric acid in Fujian was 10 500 yuan/ton, that in Shandong was 11 000 yuan/ton, that in Jiangxi was 10 000-10 500 yuan/ton, and that in Inner Mongolia was about 10 500 yuan/ton. The market price of hydrofluoric acid was lower.

3. Future Market Forecast

Aluminum fluoride industry analyst of business society chemical branch thinks: the upstream hydrofluoric acid plant starts normally, the supply of goods is sufficient, the price of hydrofluoric acid Market in April is difficult to get rid of the predicament, and the price of hydrofluoric acid will be around 10,000 yuan/ton. Affected by this, the dry-process aluminum fluoride market still has room for downward adjustment in April.

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Price trend of domestic fluorite market in China was temporarily stable on March 26

On March 25, the fluorite commodity index was 103.51, up 1.05 points from yesterday, down 18.81% from 127.49 points in the cycle (2019-01-03), and up 110.34% from 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

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According to statistics, the domestic fluorite price trend is not yet in sight. As of the 26th day, the average domestic fluorite price is 2,950 yuan/ton. Recently, the domestic fluorite plant started to operate normally, the mine and flotation plant started to operate normally, the fluorite supply in the field was normal, the recent downstream commodity market has improved, the inquiry for the fluorite market price has increased, and the price trend of the fluorite market has increased slightly. Recent temperature rise, the northern fluorite flotation plant start-up rate increased, but the downstream device start-up also increased accordingly, fluorite spot supply in the field is normal, terminal downstream receipt increased compared with before, resulting in a slight rise in market price trend. As of the 26th, the price of 97 fluorite wet powder in Inner Mongolia was 2800-3100 yuan/ton, that in Fujian was 2800-3100 yuan/ton, that in Henan was 2800-3100 yuan/ton, and that in Jiangxi was 2900-3100 yuan/ton. The price of 97 fluorite wet powder rose slightly.

The market price of hydrofluoric acid in the downstream of fluorite is stable. The domestic market price of hydrofluoric acid is 10775 yuan/ton as of the 26th. The price fluctuation of hydrofluoric acid market has little effect on the price of fluorite in the upstream. Recent downstream refrigerant product units started to rise, upstream fluorite and hydrofluoric acid demand has increased, the recent downstream refrigerant trading market is general, hydrofluoric acid product prices temporarily stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 70%, R22 refrigerant facility start-up rate is temporarily stable, the main production enterprise’s bulk water ex-factory offer price rises to 18500-19000 yuan/ton, but there is no bulk water spot in the production enterprise, mainly a small number of cylinders shipped. The actual demand side of the market has risen, and the delivery market has risen. The domestic market price of R134a is low, the start-up rate of production enterprises is low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price does not change much. Businessmen buy on demand, and recently due to the improvement of goods. Generally speaking, the downstream industry has a positive impact, together with the increase of inquiries in the fluorite market, the price of fluorite has a rising trend. Chen Ling, an analyst of business associations, believes that the price of fluorite market may rise slightly.

http://www.polyglutamicacid.com

Maintaining stability in domestic bromine market this week (3.18-3.22)

Price data:

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According to the monitoring data of the business associations’list, the domestic bromine market has been running steadily this week, and the start-up of the industry is still low. The average price of bromine has remained around 35,000 yuan/ton in the week, up 26.74% from the same period last year.

II. Cause Analysis

Products: This week, the domestic bromine market is affected by environmental protection and security inspection and other policy factors. Construction starts in a week on the low side. Inventory of enterprises has dropped to a low level. Market turnover is stable and bromine prices are stable. In some start-up enterprises, such as Shandong Haiwang Chemical Company, Dongyue Fine Chemical Company, Weifang Longmao Chemical Company, Shandong Haihua Company and Tianjin Changlu Haijing Company, the daily output is about 20 tons, 5 tons, 8 tons, 15 tons. At present, the mainstream quotation of enterprises is around 35,000 yuan/ton, and the actual transaction price is based on enterprise negotiation.

http://www.pva-china.net

Industry chain: This week, the bromine upstream industry is more vulnerable, such as the overall stable operation of the sulfur market, down 9.5% from the same period last year, and the current quotation is about 1,143 yuan/ton; the caustic soda market is stable in the week, down 17.38% from the same period last year, and the current quotation is about 840 yuan/ton; the soda market is slightly down 0.17% this week, up 12.9% from the same period last year, and the current quotation is about 1946 yuan/ton. The price of sulphuric acid dropped by 3.5% in a week, and the current quotation is about 345 yuan/ton. At present, the downstream flame retardant industry of bromine and the pharmaceutical and agricultural intermediates industry have started to recover, and the purchase of bromine is just needed, and the price of bromine is stable.

3. Future Market Forecast

Bromine industry analysts of business associations believe that in the near future, bromine enterprises in North China have gradually resumed production, but Shandong, the main producer of bromine, has not fully resumed production due to policy factors. The demand side of the downstream industry is flat, and the supply and demand sides are still in equilibrium. If the enterprises resume normal production in an all-round way, the bromine market will fluctuate to a certain extent. It is expected that bromine prices will be maintained in the short term. Stability is the main factor.

Summary of LME Metals on March 20

London, March 20, 2007 – Zinc prices rose Wednesday as warehouse inventories on the London Metal Exchange (LME) hit a new low since October 2007, but prices of other industrial metals fell due to uncertainty in global demand.

Despite weak economic data from China, a major consumer of metals, low inventories of many metals in warehouses registered on the London Metal Exchange are helping to boost prices, said Ross Strachan, a senior macrocommodity economist at Kaishou.

“Understandably, as the market speculates that a trade agreement will be reached, stock on the exchange is at a very low level, which makes many market participants uneasy about the prospects,” he said.

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Some analysts said investors betting that the U.S. Federal Reserve (FED / Federal Reserve) would issue a pigeon statement later Wednesday might also support prices to some extent.

Indicator zinc was the metal with the largest increase in LME, closing up 1.6% at $2,863 per ton.

LME zinc stocks fell 55% this year, reaching their lowest level since October 2007, and LME nickel stocks fell to their lowest level since June 2013, according to data released Wednesday by LME. However, China has more stockpiles.

LME nickel did not close at the end of the day. The final offer was $13,200, up 0.1%.

LME aluminium hit a three-month high of $1,951.50 a tonne, then fell below the level to close 0.5 per cent lower at $1,937.

U.S. President Trump said Wednesday that a trade agreement with Beijing will be reached and U.S. trade negotiators will soon travel to China.

Three-month copper closed down 0.03% at $6,457 a tonne.

Tin rose 0.5% to $21,375.

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期铅收高0.3%,报每吨2,044.50美元。

Lead futures rose 0.3% to $2,044.50 per ton.

China’s domestic phthalic anhydride market prices fell slightly this week (3.11-3.15)

First, the trend of the market:

According to statistics, the price of phthalic anhydride declined slightly this week. The price of phthalic anhydride this weekend was 6833.33 yuan.ton, down 0.49% from 6866.67 yuan/ton at the beginning of the week and 8.41% from the same period last year. In Shandong province, phthalic anhydride is 6700-6900 yuan per ton self-lifting, while in Jiangsu province, the main stream of phthalic anhydride negotiation is 6900 yuan per ton, with sufficient spot supply in the market. The naphthalene phthalic anhydride plant starts normally, and the current quotation is about 6500 yuan per ton.

2. Market analysis:

Products: In recent years, the price trend of domestic phthalic anhydride market has slightly declined, the market opening rate of phthalic anhydride is around 70%, the market of phthalic anhydride in East China is weak, downstream factories maintain just-in-demand purchasing, the inventory pressure of factories is persistent, high-end transactions are blocked, the mainstream of on-site neighbourhood source negotiation is 6700-6900 yuan/ton, and the mainstream of naphthalene source negotiation is 6500-6600 yuan/ton. Mainstream market quotation is 6650-6900 yuan/ton. The market is weak and shocky. The quotation trend of enterprises is temporarily stable. The downstream construction is not high. Purchase on demand is the main one. The wait-and-see mentality is strong. The domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride is sufficient, the stock situation is not good, and the price trend of phthalic anhydride is slightly declining.

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Industry chain: Recently, the execution price of phthalic anhydride upstream product, Sinopec o-phthalic acid, is 6800 yuan/ton. The actual market transaction price is 7100 yuan/ton. The quotation is stable and the port is out of stock. The price fluctuation of raw materials mixed xylene in the upstream of phthalic acid is stable, the turnover of phthalic acid is general, the stock of phthalic acid in the port is low, the quotation of phthalic acid external market is rising, the cost of imported phthalic acid is rising, the actual transaction price is discussed in detail, the upstream price trend is stable, and the market price of phthalic anhydride is slightly lower. DOP prices downstream slightly declined. Recently, in Zhejiang DOP market, merchants’quotations maintained at 8500-8600 yuan/ton, while downstream prices were at a low level. Demand for upstream phthalic anhydride was limited, and the price trend of phthalic anhydride market slightly declined.

Industry: Recent plasticizer industry trend is general, terminal downstream demand is limited, phthalic anhydride market price trend is declining.

3. Future market forecast:

Recently, the price trend of phthalic anhydride in the upstream has not changed much, and the DOP price in the downstream has been fluctuating. The phthalic anhydride analysts of business associations believe that the market price trend of phthalic anhydride may be slightly lower, with the price around 6,800 yuan/ton.

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March 14, China’s Domestic Hydrofluoric Acid Market Trend Shocks

On March 13, the hydrofluoric acid commodity index was 97.78, down 0.37 points from yesterday, down 30.37% from the peak of 140.43 points in the cycle (2018-02-21), and up 82.46% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the recent domestic hydrofluoric acid market price fluctuation, as of 14 days, the domestic hydrofluoric acid market price is 10775 yuan/ton, the domestic hydrofluoric acid start-up rate is more than 60%. Enterprises reflect that the current on-site hydrofluoric acid spot supply is normal, the recent on-site shopping situation is general, some enterprises have increased hydrofluoric acid inventory, factory prices remain low, due to recent price shocks in the raw material market, Hydrofluoric acid market price trend is temporarily stable. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 10,000-11,000 yuan/ton, while the price of hydrofluoric acid in the northern market is 10,500-11,000 yuan/ton. Domestic hydrofluoric acid market prices remain low, spot supply is sufficient, due to the recent upward trend in the raw material market, fluorite price trend is temporarily stable, for hydrofluoric acid has some favorable support, the price trend of hydrofluoric acid Market shocks.

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Recent downstream refrigerant product units started to rise, upstream fluorite and hydrofluoric acid demand has increased, the recent downstream refrigerant trading market is general, hydrofluoric acid product prices temporarily stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 70%, R22 refrigerant facility start-up rate is temporarily stable, the main production enterprise’s bulk water ex-factory offer price rises to 18500-19000 yuan/ton, but there is no bulk water spot in the production enterprise, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has risen, and the delivery market has risen. The domestic market price of R134a has risen slightly, the start-up rate of production enterprises has remained low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price has not changed much. Businessmen purchase on demand. Recently, due to the improvement of the goods, the price trend of hydrofluoric acid market is temporarily stable.

Refrigerant on-site transactions have risen, refrigerant industry equipment start-up rate has increased, for the upstream hydrofluoric acid market demand may increase, coupled with the upstream fluorite price has an upward trend, March is the peak season of air conditioning production, the downstream refrigeration industry is expected to rise, Business Analyst Chen Ling believes that the hydrofluoric acid market may be slightly higher.

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