This week, the price of aluminum fluoride was weak and fell, while the market of aluminum fluoride was weak and stabilized. According to the data of business news agency, the domestic price of aluminum fluoride was 8633.33 yuan / ton on May 24, down 100 yuan / ton or 1.15% compared with the price of 8733.33 yuan / ton last weekend (May 16).

The market trend of industrial chain declines

Products Price type Price at the beginning of the week Weekend price Weekly rise and fall Company

fluorite Ex factory price two thousand six hundred and twenty-seven point seven eight two thousand six hundred and twenty-two point two two – 0.21% Yuan / ton

sulphuric acid market value five hundred and seventy-three point three three five hundred and forty-three point three three – 5.23% Yuan / ton

hydrofluoric acid Ex factory price ten thousand two hundred and ninety ten thousand one hundred and eighty – 1.07% Yuan / ton

Aluminum fluoride Ex factory price eight thousand six hundred and thirty-three point three three eight thousand six hundred and thirty-three point three three 0% Yuan / ton

Cryolite Ex factory price six thousand four hundred and twenty-five six thousand four hundred and twenty-five 0% Yuan / ton

aluminium market value nineteen thousand seven hundred and six point six seven eighteen thousand four hundred and sixty – 6.33% Yuan / ton

According to the monitoring of business news agency, the prices of fluorite, hydrofluoric acid and sulfuric acid fell this week, the price trend of upstream industry chain of aluminum fluoride fell, and the cost of raw materials of aluminum fluoride fell. Electrolytic aluminum prices fell sharply from a high level, and the downstream support for aluminum fluoride declined. Aluminum fluoride industry chain upstream and downstream prices fell, aluminum fluoride Market Momentum weakened, downward pressure increased.

Market summary and forecast

Analysts of aluminum fluoride industry in business news agency believe that: the price of aluminum fluoride raw materials fell slightly, the cost of aluminum fluoride decreased, the pressure of aluminum fluoride decline increased, the price of electrolytic aluminum dropped sharply, the demand of aluminum fluoride decreased, and the rising power of aluminum fluoride weakened. In the future, the rising power of aluminum fluoride is weakened, and the downward pressure is increased. It is expected that the price of aluminum fluoride will fluctuate for a long time, and the short-term weakness will be temporarily stable.

According to the monitoring of business news agency, the domestic polysilicon market price continued to rise this week (5.17-21), and polysilicon grade I is expected to rise by 2.89% this week. So far, the price range is 85000-105000 yuan / ton.

By the end of this week, the polysilicon manufacturers were mainly in stable operation. Two major polysilicon manufacturers in Xinjiang had their polysilicon equipment overhauled, and one company in Inner Mongolia had reduced its production load, which affected part of the output. As a result, the supply of polysilicon was relatively tight in May, and this week has not eased. In the case of material shortage sentiment continues to heat up, the price rises naturally, the price of single crystal rises more strongly, and the price of long-term orders is locked, but the price of loose orders is generally high, further pushing up the expectation of silicon material rise. The domestic price is generally close to 100000, and the price of imported polysilicon continues to rise this week, with the average transaction price exceeding 23 US dollars / kg, and the price of polysilicon is quoted to US $24 / kg.

From the downstream silicon wafer, downstream silicon wafer manufacturers have submitted in the two weeks. On May 14, the price of Longji silicon wafer was increased. The price of 175 thickness G1 of Longji stock was 4.39 yuan / piece, and the price of M6 was 4.49 yuan / piece. On May 20, after the price increase of Longji shares, the price of Zhonghuan was raised again. Among 170 thick silicon chips, G1 (158.75mm) quoted 4.7 yuan / piece, up 0.44 yuan, or 10% compared with the price on May 10; The quotation of M6 (166mm) was 4.85 yuan / piece, up 0.405 yuan, or 9.1%. The rising price of silicon wafer also brings support to silicon material.

However, from the terminal point of view, due to the rising prices of silicon materials and silicon wafers in the upstream of the photovoltaic industry, the downstream battery manufacturers are in the dilemma of shrinking profits and even losing money, and the downstream battery prices are forced to rise, but the price rise is faced with the situation of no market and slowing down demand. In addition, on May 15, India launched an anti-dumping investigation on photovoltaic modules produced in China and other regions, This may affect later export orders, and some overseas orders have been delayed or cancelled.

The polysilicon analysts of the business society believe that the silicon material manufacturers are still insufficient in some maintenance work, and it is difficult to alleviate the shortage of materials in the market in the middle and late ten days. The supply side will support the high price of silicon materials. However, the surge of silicon materials and wafers in the upstream of the photovoltaic industry chain will affect the demand for terminal modules. At present, some overseas orders have been cancelled or delayed, and the pressure on the demand side may be increasing, which may suppress the upward pace of silicon materials to a certain extent.

1、 Nitric acid market price trend chart

Nitric acid price curve

According to the monitoring of business agency, the average price of concentrated nitric acid in domestic areas this week is 2266 yuan / ton, and the quotation is stable.

2、 Market analysis

On May 11, Anhui Jinhe quoted 2200 yuan / ton, which was the same as last time; Wenshui Synthetic Chemical Co., Ltd. quoted 2200 yuan / ton for concentrated nitric acid and 960 yuan / ton for dilute nitric acid, which was the same as last time; Shandong helitainong nitric acid quoted 2400 yuan / ton, which was the same as last time. The market demand of nitric acid is weak and stable, and the quotation of manufacturers is stable.

According to the monitoring of the business association, the market price of upstream liquid ammonia fell by 0.69% this week. Downstream aniline, domestic market price of aniline is stable this week. On May 16, the price of aniline was 11300-11500 yuan / ton in Shandong and 11700 yuan / ton in Nanjing. TDI, the market price in East China fell 0.46% this week.

3、 Future forecast

Nitric acid market demand is weak and stable, nitric acid analysts of business association predict that nitric acid will be mainly consolidated.

This week (5.10-14), the domestic ethyl acetate market fell from a high level, and experienced a rise in late April. In the first week of May, the market froze at a high level. While the downstream demand was still relatively weak, the market fell back this week. According to the monitoring of the business community, the decline this week was 2.65%. The main reason is that the upstream acetic acid market is lower, the support is weakened, and the operation rate of ethyl acetate enterprises is stable, the supply of goods is relatively sufficient, and the market has a strong wait-and-see mood. As a result, the bearish signal of ethyl acetate rises again, and the major manufacturers have lowered their quotations one after another, and the prices have continued to fall this week.

First of all, from the perspective of the upstream acetic acid market, according to the monitoring of the business community, the price of acetic acid has been declining continuously since the festival, with a decrease of 2.33% from May 6 to 14 (as shown in the figure below). On the one hand, the operating rate of acetic acid is high, generally between 80% and 90%, and the units that were shut down in the early stage have been put back into operation one after another, especially the Hebei Jiantao unit, which has been put back into full production, but the domestic production has only increased. The high price lost its advantage, laying the groundwork for the decline of ethyl acetate in the downstream.

In addition, from the perspective of ethyl acetate supply, the current market supply is relatively abundant, and the operating rate of enterprises is stable. Compared with the high price in the early stage, the market acceptance is reduced, and the speed of delivery is also gradually slowing down. The prominent supply pressure makes the pressure directly transmitted to the enterprise end, and the large factories continuously reduce the price. According to the calculation of the business society, the price reduction of large factories is about 300 yuan / ton.

From the perspective of supply and demand of ethyl acetate, when the terminal demand enters the summer, the traditional off-season market and purchase reduction depress the price of ethyl acetate. After a previous round of price increase, the lower reaches show rational and certain resistance to the high price of ethyl acetate. The number of households is affected to a certain extent, and the market is even weaker.

In the future, ethyl acetate analysts of business cooperatives believe that there is still downward pressure on ethyl acetate in the short term. On the one hand, it is suppressed by the weak market of acetic acid, and on the other hand, the contradiction between supply and demand is prominent. However, at present, the profit of ethyl acetate is low, the willingness of enterprises to reduce prices is not strong, and the downward space is expected to be limited. In the near future, we will maintain a weak position and focus on narrow adjustment.

On May 11, 2021, in the price rise and fall list of fluorine chemical industry, there were 0 kinds of commodities that rose, 3 kinds of commodities that fell, and 4 kinds of commodities that rose or fell to 0. Products falling include fluorite, cryolite and chloroform; Stable products include hydrofluoric acid, R134a, R22 and aluminum fluoride.

On May 11, the market price trend of fluorine chemical raw materials declined slightly. The price of fluorite raw materials was 2627.28 yuan / ton, and the price trend of fluorite declined. Recently, some domestic fluorite plants were generally started, and the in site mines and flotation parking devices were gradually started. The supply of fluorite in the in site increased. However, in the near future, the downstream market was mainly stable, and the fluorite price declined slightly. As of November 11, the price of fluorite in Jiangxi was 2500-2600 yuan / ton, and that in Inner Mongolia was 2400-2500 yuan / ton. It is expected that the price of fluorite will continue to fall in the future.

In the near future, the price of downstream refrigerants is mainly stable, and the operating rate remains low. The demand for hydrofluoric acid is general. However, due to the increase of on-site supply, the price trend of hydrofluoric acid market drops slightly. As of November 11, the quoted price of hydrofluoric acid market is 10522.22 yuan / ton. Recently, the price trend of hydrofluoric acid market drops slightly, and the operating rate of domestic hydrofluoric acid is less than 60%, Enterprises reflect that the current supply of hydrofluoric acid spot goods on the floor is normal. Recently, the market of goods on the floor is general, and some enterprises have stable ex factory prices. Up to now, the mainstream of hydrofluoric acid negotiation is 9500-10500 yuan / ton. However, people on the floor reflect that the hydrofluoric acid market may have a downward trend in the near future, and Chen Ling, an analyst of the society of health, believes that the market of hydrofluoric acid may fall slightly.

The price trend of aluminum fluoride products is temporarily stable, the market supply is normal, and the trading market is general. The quotation of aluminum fluoride of Zhengzhou Zerun energy and Chemical Co., Ltd. is 8500 yuan / ton. The overall market supply of aluminum fluoride is sufficient, and the overall price trend of aluminum fluoride market declines slightly.

In recent years, the price trend of trichloromethane in Shandong Province has declined, and the overall demand of the downstream market has declined. The demand for trichloromethane is general. With the demand procurement in the downstream market, the price trend of trichloromethane market has fallen. At present, the domestic price of chloroform is 3850-4000 yuan / ton. On the one hand, the demand for downstream refrigerants is general, the shipment of chloroform is poor, and the demand side has declined; On the other hand, cost support has weakened.

In recent years, the price trend of domestic cryolite has dropped slightly. The plant in the yard operates stably and the supply is normal. The domestic negotiation price is about 6500-7000 yuan / ton, and the actual transaction price is mainly negotiation. In general, the recent market of fluorine chemical industry is general, and it is expected that the trend of fluorine chemical industry will remain volatile in the later period.

In the near future, the price trend of downstream refrigerant R22 is temporarily stable, the price trend of raw material trichloromethane is stable, and the cost support is strong. In the near future, the downstream is mainly purchased on demand, the demand side changes little, and the market center remains high. As the price trend of hydrofluoric acid is mainly stable, the price of some affected refrigerants is temporarily stable. Refrigerant R134a price trend has an upward trend, the market is strong operation. In the near future, the start-up in the downstream remained low, but the raw material support was strong, and the refrigerant market was temporarily stable.

1、 Price trend

According to the monitoring data of the business agency, the average price of domestic ammonium sulfate was 906 yuan / ton on April 26 and 906 yuan / ton on April 30, which was stable this week.

2、 Market analysis

This week, the overall market of ammonium sulfate is stable, and the market demand of ammonium sulfate is weak. By the end of the week, the mainstream ex factory price of coking grade ammonium sulfate in Shandong was 820-860 yuan / ton, that in Hebei was 770-820 yuan / ton, that in Shanxi was 750-820 yuan / ton, and that in Northeast was 700-800 yuan / ton.

This week, the downstream compound fertilizer market is stable, the overall temperature is low, and the fluctuation is small. The raw material price of compound fertilizer was slightly adjusted, but the price was still high, and the cost support was favorable. The lower reaches of compound fertilizer are mostly purchased on demand and run stably in the short term.

3、 Future forecast

Business community ammonium sulfate analysts believe that the current coking grade ammonium sulfate orders mainly in the early stage, the new single trading volume is insufficient. The supply of domestic ammonium sulfate is reduced due to the maintenance or planned maintenance of some enterprises. It is expected that ammonium sulfate will run smoothly in the short term.

Silicon price in April

In April 2021, the price of metallic silicon (441) was weak. According to the data of business news agency, on April 29, the average market price of domestic metallic silicon (441) was 13016.67 yuan / ton, down 4.58% compared with the average market price of 13641.67 yuan / ton at the beginning of April (4.1). The decline was mainly in the first ten days of April, and the price of metallic silicon (441) was basically stable in the second half of the month. At present, the price of silicon has a tendency to stop falling, stabilize and even rise.

The price of 441 ᦇ silicon in different regions on the 29th is as follows:

The price range of silicon metal in Fujian is 12400-12500 yuan / ton, that in Sichuan is 12800-12900 yuan / ton, that in Kunming is 12900-13200 yuan / ton, that in Shanghai is 13500-13700 yuan / ton, and that in Tianjin port is 12800-12900 yuan / ton, The price range of silicon metal in Huangpu port is 13200-13400 yuan / ton.

Operation situation of three major downstream of silicon metal

Downstream polysilicon

In April, the polysilicon market kept rising. Domestic polysilicon prices continued to rise, domestic manufacturers and import prices remained high, especially import sources increased significantly. At present, domestic polysilicon manufacturers have successively signed new orders in May. The manufacturers are willing to support the price, and the ex factory price is strong. At present, the operating rate of domestic polysilicon manufacturers remains at a high level. Up to now, most of the domestic silicon material manufacturers are operating normally. The two equipment are maintained and started with reduced load. The enterprises maintain a high operating rate and the market supply is stable. The inventory pressure of enterprises has eased. This week, the silicon chip manufacturers did not adjust the price. The demand of downstream silicon chip manufacturers is stable. After several rounds of silicon chip price increases, the tolerance of the downstream to high price silicon materials has increased, and the purchasing volume has not decreased. However, the terminal cost pressure is relatively high, and the component purchasing has a slowing trend, which continues to go up or is hindered.

At present, the polysilicon market is still affected by the shortage of goods, and the price is mainly upward. Considering the current high point, the upward range and power may slow down.

Downstream silicone DMC

In April, the price of downstream silicone DMC was weak. In particular, the market price dropped sharply on the 12th. It is reported that Shandong Luxi Chemical Co., Ltd. sharply reduced the ex factory quotation of silicone DMC to 26400 yuan / ton on the 12th, raising the bearish sentiment of the market.

At present, although the silicone monomer factory has early order processing, the increasing capacity of new orders has weakened. The downward adjustment of silicone DMC price by individual large factories also affects the mood of downstream enterprises. At present, the wait-and-see situation is increasing. It is expected that the silicone DMC market will continue to be weak in the short term.

Downstream aluminum alloy

Recently, the price of aluminum ingot has been rising obviously, breaking through 18000 yuan / ton in April, a record high.

The price of aluminum alloy tends to be better.

Future forecast

The metal silicon just purchased is greatly affected by the overall supply and demand factors. With the coming of the wet season, the production capacity may be released, while the downstream consumption may not be able to expand simultaneously. It is expected that the metal silicon will maintain stability and operate weakly in the near future. In the later stage, we will focus on the impact of environmental protection policy factors and the average price of social production costs on the supply side.

1、 Price trend

According to the monitoring data of business society, the average price of domestic chlorinated paraffin 52 was 5566 yuan / ton on April 19, and that of domestic chlorinated paraffin 52 was 5566 yuan / ton on April 25. The price of this week remained stable.

2、 Market analysis

The price of domestic chlorinated paraffin 52 was stable in the week. Currently, the factory price of chlorinated paraffin 52 in Anhui Province is 5400-5800 yuan / ton, that of the Northeast China is 5500 yuan / ton, that of Shaanxi is 5600 yuan / ton, and that of chlorinated paraffin 52 in Shandong Province is 4800-5600 yuan / ton.

In terms of raw liquid wax, the overall market of liquid wax this week is stable, and the trading is still acceptable. It is expected that the price trend will remain stable in the short term. In terms of raw liquid chlorine, the price of liquid chlorine decreased this week, and the price fluctuation in Shandong and northeast regions was relatively large. At present, the overall market is unstable, and there is still a downward trend.

3、 Future forecast

Analysts of chlorinated paraffin in the business agency believe that the current situation of chlorinated paraffin is generally stable, although the price of raw materials fluctuates, the stock preparation in the downstream of the festival begins to increase. It is expected that the chlorinated paraffin market will keep stable operation in the short term.

According to the data monitoring of business society, as of April 26, the average price reference of domestic butanone market was 8933 yuan / ton, and the average price decreased by 33 yuan / T, or 0.37% compared with that of April 21 (the average price of butanone reference is 8133 yuan / ton); Compared with April 1 (the average price of butanone reference is 8033 yuan / ton), the average price is up 900 yuan / T, with a total increase of 11.2%.

In the middle of April, the domestic butanone market was supported by good export and unit production reduction. The market price rose sharply. In the ten day period, butanone market rose 10%, and the average market price rose from 8100 yuan / ton to 9000 yuan / ton.

Exports can still support the high consolidation operation of butanone market in late April

In late April, the domestic butanone market continued to push up and showed weakness. The market kept stable operation in the major direction, and the actual transaction was small and loose. At present, the export support is stable, the mentality of the industry is relatively stable, and domestic demand transactions are still relatively small. As of April 26, the average price of domestic butanone market is RMB 8933 / T, and the average price is slightly reduced by 33 yuan / ton compared with the price of 20 days, The price fell 0.37%, up 900 yuan tons, or 11.20% compared with the price on the first day of this month.

According to the business agency, the following is the reference price of butanone in some parts of China in April

product region April 20 April 26 Up and down

Butanone East China 8950 yuan / ton RMB 8900 / T – fifty

Butanone south China 9100 yuan / ton 9100 yuan / ton 0

The market will continue to maintain high level sorting operation near May 1st holiday

Near the holiday, the inventory in butanone is normal, and the downstream of butanone will be replenished for the festival in recent days. The domestic market of butanone will be closed or will be improved. Therefore, the butanone analyst of business society believes that during May 1 holiday, the butanone market will continue to continue high-level sorting and operation, and the specific future market trend needs to pay more attention to the inventory and downstream demand.

Novel coronavirus pneumonia is the third largest oil importer in the world, according to the April 23rd oil price report: fuel demand in India is plummeting, as the new crowns and pneumonia cases increase every day, which may lead to a tightening of the market and the recovery of global demand for oil and oil.

India reported the highest one-day increase in global coronavirus infections since the outbreak began for the second day in a row.

This month, several of India’s largest cities were blocked again as infection cases surged. Traffic restrictions also hurt the fuel intensive trucking industry.

Oil refiners and fuel retailers said India’s total demand for diesel and gasoline this month will fall 20% from March.

India’s demand for all major fuels (diesel, gasoline, aviation fuel and LPG) declined in the first half of April compared with the same period in March. Among them, diesel demand dropped by 3% and gasoline consumption dropped by 5%.

As more and more cities and States implement closures or curfews of various forms, the downward trend in demand will worsen further in late April.

It is said that Indian refineries have begun to reduce the oil processing rate. Officials said that there are still enough oil products in stock, so most of the products have not yet been reduced. If the blockade in Mumbai and New Delhi continues into may, refineries may have to cut production by 10% next month.

Fotios katsoulas, chief liquidity commodity analyst at IHS Markit shipping and trade department, said India’s crude oil imports in April are currently stable and in line with the seasonal pattern, but the recovery of the epidemic may restrain India’s crude oil procurement in the next few weeks.

Indian refineries believe that if the situation does not improve by the end of April, they need to adjust their operations.