Magnesium market trend

According to the data of business agency, the average market price of magnesium ingot as of 31 days was 13783.33 yuan / ton, 14550 yuan / ton compared with the average market price at the beginning of the month, with a monthly decrease of 5.27%.

According to the tracking information of the business agency, on March 31, the main quotation range of magnesium ingots in fugu (99.9%) was 13500-13700 yuan / ton; that of magnesium ingots in Ningxia (99.9%) was 13650-13750 yuan / ton; that of magnesium ingots in Taiyuan (99.9%) was 13750-13850 yuan / ton; that of magnesium ingots in Wenxi (99.9%) was 13850-14000 yuan / ton.

Poor demand and worrying export

At present, domestic demand is gradually picking up in March, and the rate of commencement and resumption of work in the downstream is increasing day by day. At present, it is basically back to the level before the Spring Festival. However, in the context of the general decline of bulk commodities, traders and downstream users have a low willingness to store goods and just need to purchase in small quantities. In the middle and last ten days of February, due to traffic problems, the main production areas are overstocked in shipment, and there are many futures deliveries in March. The mainstream manufacturers have a strong demand for new orders, and they have lowered the high prices in the early stage, and the market is back to normal.

In March, the international market was greatly affected, East Asia, Europe and the United States were affected by the new crown epidemic, and the export of magnesium ingots weakened. It is reported that in 2019, a total of 452000 tons of various magnesium products will be exported, accounting for 46.6% of magnesium output. Export worries affect domestic market sentiment.

Expected market outlook

The downstream demand is weak. At present, the price of magnesium ingot is back to normal. It is expected that it will run stably in the near future, and pay attention to the change of downstream purchase rhythm in the later stage.

1、 Price trend

According to the data of the business club’s large scale list, the aniline Market is running smoothly this week. On Friday (March 27), the price in Shandong is 5900 yuan / ton, and that in Nanjing is 6150 yuan / ton. At the beginning of the month, the price of aniline was 6800 yuan / ton in Shandong and 7300 yuan / ton in Nanjing.

2、 Analysis and comment

Raw materials: this week’s listing price of pure benzene is 2850-3700 yuan / ton (average price is 2940 yuan / ton), 860 yuan / ton lower than last week, down 22.63%. Sinopec fell for the second time this week, with the listing price of pure benzene reduced by 800 yuan / ton to 2900 yuan / ton. The fundamental contradiction of pure benzene is gradually increasing. Raw materials: the crude oil price is low, the price of pure benzene in the external market continues to fall, the arbitrage window in the internal and external market opens, and the arrival volume of imported pure benzene increases. In terms of downstream demand: the overall downstream starting load this week shows a downward trend, with poor terminal demand. Port inventory: this week’s port inventory is significantly higher than last week’s, and refinery inventory is high. Multiple negative effects, this week pure benzene fell endlessly.

Nitric acid continued to rise this week. The production price in East China was 1600 yuan / ton, up 50 yuan / ton, or 3.23% from last Friday.

Product: the operating rate of aniline enterprises is lower than that of last week, and some enterprises stop for maintenance. Supply and demand of aniline are balanced, there is no delivery pressure, and the price remains stable within the week.

3、 Future expectation

Raw materials: the downstream operating rate decreased, and the demand for pure benzene was difficult to improve. The low price of hydrogenated benzene impacts the pure benzene market. In addition, the pure benzene plant is willing to increase the load, so the inventory pressure will increase. The contradiction between supply and demand has increased, the short-term market is difficult to get a substantial improvement, and the price of pure benzene is still possible to be lowered.

Pay attention to the restart and delivery of aniline plant. It is expected that the price of aniline will be stable in the short term, and the price trend in the later period will be affected by supply and demand.

1、 Price trend

According to the price monitoring data of business agency, on March 27, according to the average comprehensive quotation of sample enterprises, at present, the mainstream reference quotation of domestic n-propanol containing packaging is around 9200-10200 yuan / ton, and the reference price of bulk water is around 9500-9000 yuan / ton.

2、 Market analysis

Product: this week, the domestic market of n-propanol is mainly stable, the quotation of dealers in some regions has been adjusted downward, and the overall market is small. At present, Nanjing Rongxin Chemical Co., Ltd., the manufacturer of n-propanol in Nanjing, maintains the factory price of n-propanol purified water at 8500 yuan / ton; the dealers in Nanjing quote about 9000 yuan / ton for purified water; in Shandong, the barrel dealers quote about 9200-10000 yuan / ton for reference and 8700-9000 yuan / ton for the low end of bulk water. The price of imported n-propanol bulk water is around 9500 yuan / ton as quoted by traders and 10000-12000 yuan / ton as barrel price. Among them, the quotation of imported n-propanol in barrels in Shanghai is relatively high. In view of the dealers’ reservation on the price, the price is not easy to monitor, which may lead to specific negotiation situations or differences. There are also differences in each region, and the actual single negotiation is the main one.

Industrial chain: on March 25, the market price of propylene in Shandong Province rose slightly. In March, the price of propylene in Shandong began to decline. On the first day, the price of some enterprises picked up slightly. On the second day, the price of the whole line rose slightly. On the third day and the fourth day, the price of most enterprises generally rose. On the fifth day, the price of some enterprises increased by about 50-100 yuan / ton. On the sixth day, the price of enterprises fluctuated up and down, but the range was small. On the tenth day, the price generally fell by 50-100 yuan / ton. On the eleventh day, the price slightly fell by 50 yuan / ton. On the twelfth day, the price of some enterprises rose slightly There was a slight decline of 50-100 yuan / ton, and the price fell by 200-300 yuan / ton on the 13th. On the 16th, the price was stable again. On the 17th, 18th and 19th, the price fell continuously. Since the 20th, the price has remained stable, and on the 24th, the price slightly increased. Today, the price continues to rise. At present, the market turnover is between 5750-6000 yuan / ton, and the mainstream price is around 5800 yuan / ton. Influenced by the OPEC meeting and various international economic policies, the international crude oil prices went up and down sharply: on the 16th, the prices fell again sharply, on the 17th, on the 18th, they went down sharply, on the 19th, they picked up slightly, on the 20th, they went up obviously, on the 23rd, they went down obviously, and on the 24th, they picked up again. Due to the low production and inventory before propylene, the early decline is not significant, and the late follow-up trend is also obvious, but it started to rise yesterday. It is expected that propylene prices will continue to callback in recent days, but the range is limited.

3、 Future forecast

According to the analysts of business agency, the overall supply and demand of domestic n-propanol market is basically stable, and it is expected that the market will still be weak and stable in the future. It is not ruled out that the market as a whole is subject to small price changes due to inventory and other factors.

1、 Price trend

According to the data monitoring of business agency, as of March 19, based on the quotation of several sample enterprises, at present, the average ex factory price of domestic butanone market is around 7500 yuan / ton.

2、 Market analysis

Product: at the end of last week, the domestic butanone market remained weak and stable, and the trading firm’s offer was stable. At the beginning of this week, the market of butanone was under explored. On the 18th, the market of butanone was slightly weak and fell, and the trading volume was still low. There were fewer real orders, and the trading volume was loose. On the 19th, prices in some regions of the butanone market fell again. At present, the butanone market in Southern China has a flat transaction, and the market reference factory quotation is around 7450-7550 yuan / ton; it is about 100 yuan / ton lower than the beginning of the week; the market reference factory quotation of butanone in North China is 7250-7350 yuan / ton, about 200 yuan / ton lower than the beginning of the week; the market reference factory quotation of butanone in East China is 7200-7400 yuan / ton, about 200 yuan / ton lower than the beginning of the week; Jiangsu is weak Mainly for finishing, among which the factory quotation of butanone of Nantong Zhongkai Chemical Co., Ltd. is 7400 yuan / ton.

Industrial chain: LPG market experienced a few days of slight increase in early March. On the 6th, the average price was 3766.67 yuan / ton, but soon the market price fell again. On the 10th, the average price of LPG market was 3483 yuan / ton. This week, the liquefied gas market dropped significantly. At present, as of the 18th, the reference price of liquefied gas market monitored according to the data of business association is about 3066 yuan / ton. The market price of liquefied gas in Shandong Province has been lowered again, and the mainstream price is about 2900-3200 yuan / ton; the mainstream price of liquefied gas in North China is about 3300-3350 yuan / ton.

Industry: according to the price monitoring of the business agency, on March 11, 2020, there are 17 kinds of commodities in the price up and down list of bulk 58, which are concentrated in the steel plate (5 kinds in total) and non-ferrous plate (5 kinds in total), and the commodities with an increase of more than 5% are mainly concentrated in the energy plate; the top three commodities are WTI crude oil (10.38%), soybean (2.23%) and zinc (1.56%). There are 21 kinds of commodities decreased on a month on month basis, focusing on energy (7 kinds in total) and building materials (3 kinds in total). The first three commodities decreased were coke (- 3.01%), fuel oil (- 2.44%) and methanol (- 2.32%). The average price of this day is 0.14%.

3、 Future forecast

According to the analysis of the data division of the business agency, at present, the domestic butanone market demand has not been followed up obviously, and the market turnover is slightly depressed. It is expected that there will be risks of further exploration in the near future.

1、 Price trend

According to the price monitoring of the business agency, the comprehensive price of hydrochloric acid in North China fell slightly this week, and the quotation dropped from 246.67 yuan / ton at the beginning of the week to 243.33 yuan / ton at the end of the week, down 1.35%, up 163.06% year on year. Overall, hydrochloric acid market fell slightly this week, with the hydrochloric acid commodity index at 64.03 on March 20.

2、 Market analysis

（1） Products:

This week, the price of hydrochloric acid market manufacturers fell slightly, the overall market is average. The quotation of Taiyuan kunshengda hydrochloric acid is 420 yuan / ton, which is temporarily stable; the quotation of Dezhou Shihua hydrochloric acid is 200 yuan / ton, which is temporarily stable; the weekend quotation of Wenshui synthetic hydrochloric acid is 230 yuan / ton, which is temporarily stable compared with the beginning of the week; the weekend quotation of Jinan Yuanfei hydrochloric acid is 450 yuan / ton, which is temporarily stable compared with the beginning of the week; the weekend quotation of Dezhou Meihua hydrochloric acid is 50 yuan / ton, which is 10 yuan lower compared with the beginning of the week/ Tons.

（2） Industrial chain:

The upstream liquid chlorine market is generally weak in support of hydrochloric acid, while the downstream dyes, calcium chloride and chloroethane are still mainly purchased according to early demand. Hydrochloric acid market as a whole seems to be declining, and by-product acid is still hitting the market. The pressure of hydrochloric acid delivery is relatively high, and the quality of by-product hydrochloric acid produced by TDI, chloropropene, propylene oxide and methane chloride is relatively good. On the whole, the difficulty of hydrochloric acid delivery is still a big problem.

3、 Future forecast

The upstream liquid chlorine market is generally in the near future, while the downstream rare earth and fuel demand is weak. Business analysts believe that the recent low consolidation of hydrochloric acid.

1、 Price trend

2、 Market analysis

Mannheim potassium sulfate factory: about 2700 for 50% powder; about 2800-2850 for 50% particle and 52% water-soluble powder. Report station of potassium sulfate manufacturer in water salt system: 51-52% powder 3100-3150 in Xinjiang; 50% powder 2460 in Qinghai. After the price of Mannheim potassium sulfate in the northern market generally increased, the actual ex factory price of 52% of all water-soluble powder is about 2800 yuan / ton at present. Although there are not many deals, there are many manufacturers waiting to be sent, and there is no pressure. In the early stage of the Southern market, the price of 52% of all water-soluble powder has been stable, generally, the ex factory price is about 2800-2850 yuan / ton. Recently, some manufacturers have tentatively increased the price by about 150 yuan / ton, and there is no large order deal Support. For the time being, only three enterprises are producing potassium sulfate in the water salt system, and the price is still stable.

3、 Future forecast

According to analysts of potassium sulphate of the business association, the downstream demand is gradually improving, the sales of potassium sulphate manufacturers are not under too much pressure, and the demand of water-soluble fertilizer market in the later stage is still expected, so the resistance of the price of potassium sulphate to rise again may also be large, but there will be no worry about big fall in the short term.

1、 Price trend

According to the price monitoring of the business agency, the comprehensive price of potassium chloride is temporarily stable this week. This week, the average price of the mainstream comprehensive quotation of potassium chloride was 2175.00 yuan / ton, down 7.45% year-on-year compared with the same period last year. Overall, this week’s potassium chloride market was temporarily stable, with the potassium chloride commodity index at 69.05 on March 13.

2、 Market analysis

The quotation of mainstream potassium chloride manufacturers this week is temporarily stable: the weekly ex factory quotation of Qinghai Salt Lake potassium chloride is 2100 yuan / ton, which is temporarily stable compared with that at the beginning of the week; the weekend distribution quotation of Anhui Badu potassium chloride is 2250 yuan / ton, which is temporarily stable compared with that at the beginning of the week. This week, the actual transaction in the potassium chloride market is not good. On the whole, the main contradiction in the market is that the supply exceeds the demand, the trading atmosphere is cold, the downstream procurement is just in demand, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride market is stable.

3、 Future forecast

In the middle of March, the overall trend of potassium chloride market or low consolidation dominated. The market of potassium chloride is faced with three major pressures, namely, large stock, weak demand and downward international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. According to analysts of KCl in business association, the short-term market of KCl is dominated by low consolidation under the influence of supply and demand and raw materials.

1、 Price trend

Price: the main quotation of GPPS is 8500-9900 yuan / ton, and that of hips is 9200-10900 yuan / ton.

2、 Market analysis

PS Market: the overall performance of the PS market is relatively flat, with some small losses. The downstream factory is limited in receiving goods, and the atmosphere of on-site trading is flat.

3、 Future forecast

The overall situation of PS transaction is not good, the downstream demand is still not improved, most factories still wait and see, and the actual delivery is not much. It is expected that PS market prices will generally stabilize, with some small declines.

On February 27, the ammonium nitrate commodity index was 125.26, the same as yesterday, a record high in the cycle, 61.90% higher than the lowest point of 77.37 on October 31, 2016. (Note: cycle refers to 2013-02-01 to now).

In February, the price trend of domestic ammonium nitrate Market remained high. Affected by the epidemic situation, some domestic ammonium nitrate manufacturers did not start their plants. In the near future, the supply of goods in the market was tight, and the domestic price trend remained high. In the near future, the market of ammonium nitrate manufacturers is general, and the downstream is purchased on demand. In the near future, the trend of downstream nitro compound fertilizer is stable. The domestic downstream civil explosive industry still stops production a lot, the domestic ammonium nitrate manufacturers have limited start-up, and the market price of ammonium nitrate remains high. Up to now, the mainstream of negotiation in Shaanxi is 2300-2400 yuan / ton, that in Shandong is 2300-2500 yuan / ton, and that in Hebei is 2400-2600 yuan / ton.

In February, the price of concentrated nitric acid in China fell slightly, down 2.02%. Jiangsu Hongze Yinzhu Chemical Co., Ltd. offers 1500 yuan / ton; Anhui Jinhe offers 1450 yuan / ton; Shandong helitai offers 1700 yuan / ton. Anhui Aodeli offers 1500 yuan / ton; Wenshui County synthetic chemical offers 1860 yuan / ton. In recent years, the domestic maintenance devices have been restarted continuously, the supply of concentrated nitric acid market has increased, and the situation of goods in the field is general. The price of ammonium nitrate Market in February is stable due to negative factors, and the price of raw material nitric acid has declined slightly, which is a negative impact on the ammonium nitrate Market.

The liquid ammonia Market in the upstream fell in February, down 5.53%. The market of liquid ammonia in China is slightly lower, with a slight decline in the northern region. Most manufacturers have reported a stable price, some of which are down to 100-150 yuan / ton. Some enterprises in Shandong, the main production area, have continuously lowered their prices, while the prices in the northwest region remain stable. At present, there is a surplus of local ammonia. In February, affected by the epidemic situation, the prices of liquid ammonia continue to decline, mainly because the dealers’ return to work rate is not high and the market has entered an empty space In the window period, it is generally closed down. In addition, poor transportation is the primary problem. Liquid ammonia transportation has also entered the bottleneck period. Long-distance high-speed transportation is limited and multiple factors are superimposed, resulting in the continuous weakness of liquid ammonia Market. The overall trend of the upstream liquid ammonia Market declined, while the price trend of ammonium nitrate Market was temporarily stable.

In the near future, the demand of the downstream civil explosive industry is general, and the market demand for ammonium nitrate is normal, but the market price of raw materials falls, and the market price of ammonium nitrate loses cost support. Ammonium nitrate analysts of the business association believe that the market price of ammonium nitrate may maintain high volatility in the later period.

1、 Price trend

According to the data of business agency, the price of domestic dry process aluminum fluoride rose slightly in February. The average market price at the beginning of the month was 8933 yuan / ton, and at the end of the month was 9166 yuan / ton, with the price down 2.61%.

2、 Market analysis

In February, the price of aluminum fluoride rose, and some aluminum fluoride manufacturers lowered the factory price: at present, the factory price of aluminum fluoride of Zhengzhou Tianrui Grain Technology Co., Ltd. is 8500 yuan / ton, the factory price of aluminum fluoride of Shandong LUZHENG Chemical Co., Ltd. is 9600 yuan / ton, and the factory price of aluminum fluoride of Zhengzhou Zerun Energy Chemical Co., Ltd. is 9500 yuan / ton.

Industry chain: in February, the price trend of hydrofluoric acid rose sharply. Recently, the situation of manufacturers in the field improved. Affected by the epidemic situation, some manufacturers did not resume production temporarily. In addition, the transportation was limited. The domestic spot supply of hydrofluoric acid was tight. In addition, the inventory of enterprises not shut down during the Spring Festival in the downstream was exhausted. The purchase demand increased. The market price of hydrofluoric acid rose. In the near future, the price of raw material fluorite was higher The market price of hydrofluoric acid has been supported by a substantial increase in Georgia, and the domestic price of hydrofluoric acid has gone up. By the end of the month, the mainstream of hydrofluoric acid negotiation in the southern region was 11000-11500 yuan / ton, and the price of hydrofluoric acid in the northern market was 10500-11500 yuan / ton. This month, the price of aluminum fluoride rose slightly, and the quotation of Zhengzhou Zerun energy chemical aluminum fluoride increased by 500 yuan / ton. In February, affected by the epidemic situation, the start-up of aluminum fluoride manufacturers continued to be delayed. Aluminum fluoride manufacturers mainly consumed inventory, and the decrease in supply pushed aluminum fluoride prices up slightly.

3、 Future forecast

Analysts of aluminum fluoride industry in the chemical branch of business society think that the spot supply of upstream hydrofluoric acid market is tight in February, and the market price is rising. In addition, short-term aluminum fluoride manufacturers are not all back to work, and aluminum fluoride prices are expected to rise steadily in March.