According to the price monitoring of business news agency, the trend of sulfur price in East China increased slightly this week. The average price of sulfur production was 1550.00 yuan / ton at the beginning of the week and 1563.33 yuan / ton at the end of the week, with an increase of 0.86% in the week and 5.16% compared with the beginning of the month.

This week, the domestic sulfur market was stable and on the rise. The domestic refineries in various regions maintained low inventory and stable delivery performance. The downstream factories purchased on the market fairly well, mainly on demand. The US gold price was high, supported by the market mentality, and the shippers had a positive mentality. The sulfur price rose. During the week, the domestic refineries adjusted their prices according to their own shipment situation, and Sinopec’s solid-liquid sulfur in North China increased by 20 yuan / ton at the same time; In Shandong, the price of solid sulfur is temporarily stable, and the price of liquid sulfur is increased by 20-30 yuan / ton; In East China, the price of solid sulfur was increased by 40 yuan / ton, and that of liquid sulfur was increased by 50 yuan / ton. As of the 30th, the regional price of sulfur in China is as follows:

region varieties May 30th

East China Sulfur (particle) 1640-1700 yuan / ton

North China Sulfur (particle) 1480-1550 yuan / ton

Shandong Province Sulfur (particle) 1500-1550 yuan / ton

In the downstream phosphate fertilizer market, the market of Monoammonium is up, export orders are good, domestic demand is weak, market trading is acceptable, and raw material prices are rising. Affected by this, the trend of Monoammonium may continue to rise in the later stage; The domestic market of diammonium is weak and stable, and the demand is general. Domestic fertilizer use in summer is small, the market demand of ammonium phosphate is weak, and the future market is stable. In terms of sulphuric acid, the downstream demand was weak, the floor trading was general, and the market transaction price was low. The price trend in Shandong continued to decline, with a decline of 3.11% in the week. In the later stage, the sulphuric acid price was weak.

Sulfur analysts of business news agency believe that the domestic sulfur market is stable and upward, refinery inventory in various regions remains low, and export orders of downstream phosphate fertilizer are good. In addition, the US gold plate remains high, so the sulfur market continues upward consolidation, and attention should be paid to the follow-up situation of downstream.

According to the data monitored by the business agency, as of May 28, the average quotation price of domestic premium DMF enterprises was 10700.00 yuan / ton, the overall market was stable, the early trend was maintained in the short term, the negotiation center was stable, the downstream demand was general, and the merchants were active in shipping.

There is a strong wait-and-see atmosphere in the market, and the willingness to stock up is not strong. Replenishment is the main demand, and the support from the cost side is general. The overall market trend is weak, and the number of transactions is limited. Most of them are contract customers, with 10700-10900 yuan / ton in East China market and 11100-11200 yuan / ton in South China market.

The transaction atmosphere of methanol in the upper reaches is general. The negotiation price of methanol market in central Shandong is 2450-2480 yuan / ton, which is delivered to cash. The transaction is slightly deadlocked, and most of them are on the wait-and-see side. Methanol market negotiation price in southern Shandong increased by 10 yuan / ton to 2610-2620 yuan / ton in cash. Linyi receives the local goods to negotiate the price to 2590-2610 yuan / ton and deliver them to cash exchange. The logistics goods offer the price to 2500-2530 yuan / ton and deliver them to cash exchange. Methanol commodity index: on May 27, the methanol commodity index was 92.47, up 0.09 points from yesterday, down 27.37% from 127.32 points (December 11, 2013), the highest point in the cycle, and up 67.82% from 55.10 points, the lowest point on April 1, 2020（ Note: period refers to the period from September 1, 2011 to now).

Business agency DMF analysts believe: it is expected that the DMF market will keep stable operation in the short term, just need to purchase（ For more information on the latest industry chain, welcome to pay attention to official account of business community, obtain commodity information, and grasp commodity price.

According to the data of the business club’s block list, as of May 25, the average quotation price of propylene oxide enterprises was 17633.33 yuan / ton, down 2.76% compared with the previous trading day, down 5.03% compared with April 25, and down 6.37% compared with the same period in three months.

In the second half of May, the market of propylene oxide began to run in a weak state. With the stable quotation of manufacturers, the market was frozen. After finishing, the price was loosened again, and the price fell on May 25. At present, the cost side support is general, the demand side, the middle and lower reaches of the goods tend to be cautious, buy gas is insufficient, the market atmosphere turns weak, the industry lacks confidence in the trend, the market is under pressure. At present, the mainstream price of propylene oxide Market in Shandong is around 17200-17300 yuan / ton, and the mainstream price of propylene oxide Market in East China is around 17300-17400 yuan / ton.

Upstream propylene, as of May 24, Shandong propylene market prices rose slightly. According to the price chart of the business association, the propylene price in Shandong continued to rise in the first ten days of April, fell sharply in the last ten days, and remained stable at the end of the month. During May Day, the first two days continued to be stable, with a daily rise of about 50 yuan / ton from the 3rd to the 7th. The price was mainly stable on the 9th, and stabilized again after a small rise on the 13th. On the 17th, the price began to decline at 50 yuan / ton per day, and on the 19th and 20th, it fell by about 100 yuan / ton respectively. The price of propylene rose from Sunday (23rd) and continued to rise at 50 yuan / ton today, The current market turnover is between 8100 ~ 8300 yuan / ton, and the mainstream price is about 8100 yuan / ton.

According to the monitoring data of the business community, the reference price of propylene glycol on May 24 was 17033.33, which was 5.89% lower than that on May 1 (18100.00); As of May 25, the market price of downstream soft foam polyether in Shandong Province has been reduced, the price of raw material propylene oxide has gone down, and the cost support is insufficient. In addition, the downstream gas purchase is not high, and the market negotiation center is low. At present, the mainstream quotation of common soft foam polyether in Shandong Province is around 17200-17350 yuan / ton.

Business community propylene oxide analysts believe that at present, the price of propylene is mainly stable after a small rise, which brings limited support to the propylene oxide Market. The buying sentiment of downstream terminals is not high, the focus is weak and stalemate, and the lack of buying gas restricts the market confidence. It is expected that the propylene oxide market will be weak in the short term, and the specific trend still needs to pay attention to the market information guidance.

1、 Price trend

According to the data of the business club’s block list, on May 17, the average ex factory price of 55 powdered monoammonium was 2533 yuan / ton, and on May 21, the average ex factory price of 2566 yuan / ton, up 1.32% this week..

According to the data of the business club’s block list, the average ex factory price of 64% granular diammonium was 3066 yuan / ton on May 17, and that of 64% granular diammonium was 3066 yuan / ton on May 21, which was stable this week.

2、 Market analysis

The price of map rose this week. Domestic demand increased and orders increased. The ex factory price of 55% powdered ammonium is 2550-2650 yuan / ton, and that of 58% powdered ammonium is 2700-2750 yuan / ton. On Monday, the operating rate of ammonium enterprises was about 68%, slightly higher than that of last week. Some enterprises are in the process of shutdown and maintenance.

The price of DAP was stable this week. The domestic market is stable without fluctuation. The domestic demand side is general, the order quantity follow-up is insufficient. Some enterprises stop production for maintenance, the supply of goods is tight, mainly for export. On Tuesday, the operating rate of ammonium enterprises was about 55%, which was at a low level.

In terms of raw materials, the price of sulfur in East China went up this week. The average price of sulfur production was 1513.33 yuan / ton at the beginning of the week, and 1550.00 yuan / ton at the end of the week, up 2.24% in the week. This week, the average reference price of 30% grade phosphate ore in mainstream areas is around 500 yuan / ton, which is basically the same as the price on May 17.

3、 Future forecast

Business community ammonium phosphate analysts believe that the current ammonium phosphate market atmosphere warming, demand has improved. The price of raw materials rose and the supply decreased. Diammonium phosphate domestic market flat, still export-oriented, new single follow-up insufficient. It is expected that the price of map will continue to rise in the short term, while diammonium phosphate will run smoothly.

According to the data of the business club’s block list, as of May 23, the average quoted price of epichlorohydrin enterprises was 13900 yuan / ton, up 0.72% compared with the price at the beginning of the week, down 13.12% compared with April 23, and up 26.36% compared with the same period last year.

Recent epichlorohydrin market shocks, finishing overall slightly up

In the first half of May, the market of epichlorohydrin rebounded after the weak operation, and the market shock was sorted out, showing a slight upward trend this week, with an increase of 0.72%. Recently, the price of propylene is weak, the price of glycerol is high, and the cost of glycerol process is under pressure. In addition, the manufacturer’s inventory is not under pressure, so the market is very high. However, the downstream inquiry atmosphere is general, and the operators are cautious, and just need to make investment.

Upstream propylene, as of May 20, Shandong propylene market price down another 100. According to the price chart of the business association, the propylene price in Shandong continued to rise in the first ten days of April, fell sharply in the last ten days, and remained stable at the end of the month. During the May Day period, the first two days continued to be stable. From the 3rd to the 7th, the daily price went up by about 50 yuan / ton. From the 9th, the price was mainly stable. After a small rise on the 13th, the price stabilized again. From the 17th, the daily price began to go down by 50 yuan / ton. From the 19th to the 20th, the daily price fell by about 100 yuan / ton. Now, the market transaction is between 8050 yuan / ton and 8300 yuan / ton, and the mainstream price is about 8050 yuan / ton.

As for the downstream epoxy resin, as of May 21, the liquid epoxy resin in East China was in weak operation. Recently, the price of raw material bisphenol a declined, and the cost support was insufficient. The downstream was mainly wait-and-see, and the market mainstream reference price was around 30500-31000 yuan / ton.

Business community epichlorohydrin analysts believe that, on the whole, the current cost side has some support, coupled with the temporary lack of inventory pressure on the spot, and the intention of low-end cargo holders is not strong, but the downstream needs to follow up, and the demand situation restricts market confidence. It is expected that in the short term, the epichlorohydrin market will be mainly volatile, and more attention should be paid to market information guidance.

According to the price monitoring data of business agency, the average price reference price of the mainstream area of domestic n-propanol packaging was around 8666 yuan / T by May 24, and the average price decreased by 166 yuan / T, down 1.89% compared with the price on May 51; Compared with the price on May 1, the average price was down 667 yuan / ton, down 7.14%.

Domestic market of propanol in late May was under pressure

In early May, the domestic market of n-propanol declined. In the late days, the market of n-propanol remained weak and stable, and due to the impact of insufficient demand, the stock of high-end quotation in the field accumulated, the overall market transaction was low, and the trading atmosphere was not warm or hot. On 21, the quotation of the dealers of n-propanol in some regions was slightly lowered, with a decrease of 200-300 yuan / ton. After the price adjustment, the market remained weak. As of 24 days, the factory quotation of n-propanol in Nanjing was basically stable with that at the beginning of the month. The main quotation reference was 8400-8600 yuan / ton (bulk water), and the factory price of n-propanol in Shandong Province was adjusted in a narrow range, and the main price reference was 7600-8000 yuan / ton (bulk water).

In Nanjing, the 30000 ton / a normal operation of n-propanol plant in Rongxin chemical industry of Nanjing, 8500 yuan / ton (bulk water) is the reference for the ex factory quotation of n-propanol, and the 100000 ton / a n-propanol plant of Nanjing naoo new material is stopped. The current stock of the equipment is low. The ex factory quotation of n-propanol is 8600 yuan / ton, and the goods are delivered as planned.

Upstream, the recent external ethylene market overall showed a downward trend. The price of ethylene in Asia fell mainly below the following. As of the 21st, the market of ethylene in Asia was quoted at US $1073-1079 / ton in Northeast Asia and USD 1018-1024 / ton in CFR Southeast Asia. The price of European ethylene market is rising and falling. As of the 21st, the price of European ethylene market, the price of North West Europe of FD was 1284-1297 USD / ton, up 24 USD / T, CIF northwest Europe quoted us $1279-1290 / T, down 4 USD / T. The US ethylene market is quoted at USD 765-777 / T in FD Bay. The recent U.S. ethylene market has risen and demand is still acceptable. In recent years, except for the rise of American ethylene, the Eurasian ethylene market overall fell slightly. Generally speaking, the trading atmosphere of the whole ethylene external market in the near future is general, the transaction is light, and the market continues to decline.

Some regions are tight in the stock of n-propanol. Whether the short-term market price can be increased due to shortage of goods, we should pay attention to the demand change

At present, it is reported that the stock of the market of n-propanol in Shandong Province is generally tight, and stimulated by the tight goods, some of the n-propanol industry have the idea of increasing the market price of n-propanol. However, the market trend of n-Propyl Acetate, the downstream product of n-propanol, has been weak and downward in the near future. Therefore, the analysts of n-propanol in the business agency believe that in the short term, the market trend of n-propanol is weak and the support for n-propanol, It is still to be seen whether the stock shortage in some regions can really drive the up of the market of n-propanol. More attention should be paid to the cost of raw materials and supply of goods in the later period.

According to the monitoring of the business community, the price of phthalic anhydride in the domestic market dropped slightly this week. By the end of the week, the price of phthalic anhydride was 6650 yuan / ton, 1.30% lower than the price of 6737.5 yuan / ton at the beginning of the week, and 33.67% higher than the same period last year. Recently, the price trend of phthalic anhydride dropped slightly, the spot supply was normal, and the sales situation was general.

In recent years, the price trend of phthalic anhydride market has declined slightly, and the delivery of phthalic anhydride market is normal. In recent years, the downstream demand has little change. The price trend of o-benzene is temporarily stable, the plasticizer market has fallen, and the downstream market has fallen, which is bad for the domestic market price of phthalic anhydride, and the domestic price of phthalic anhydride has fallen. Domestic phthalic anhydride manufacturers started at a low level, and the operating rate of phthalic anhydride was about 60%. The domestic phthalic anhydride spot supply was normal, the market price trend declined, the downstream plasticizer industry market declined, and the actual transaction was normal. The price trend of phthalic anhydride market in East China has fallen, and the high-end transactions in the market are limited. The mainstream of adjacent France source negotiation in East China is 6600-6700 yuan / ton, and the mainstream of naphthalene method source negotiation is 6300-6500 yuan / ton; The mainstream quotation of phthalic anhydride market in North China is 6600-6800 yuan / ton. The wait-and-see mentality of phthalic anhydride market still exists, and the downstream is mainly purchased on demand. Recently, the market trend of downstream DOP has declined. Affected by this, the market price of phthalic anhydride has dropped slightly.

The price trend of domestic o-benzene is temporarily stable this week, with the market price of 6200 yuan / ton. The price trend of domestic o-benzene is temporarily stable this week. The stable price of domestic o-benzene is a good support for the phthalic anhydride market. In addition, the market of imported o-benzene in the port area is temporarily stable, and the quantity of imported o-benzene in the port area is acceptable. In the near future, the inventory of o-benzene in the port has little change, and the external quotation of o-benzene fluctuates steadily. The actual transaction price is subject to negotiation, The price trend of o-benzene is temporarily stable, the price of raw material o-benzene is stable, which is good for the domestic market price of phthalic anhydride, and the recent decline in the market price of phthalic anhydride is limited.

The market price of the downstream DOP of phthalic anhydride declined slightly. According to the monitoring of the business community, the domestic DOP price was 13250 yuan / ton by the end of the weekend, with a decrease of 2.39% this week. The equipment start-up of DOP enterprises in the yard was temporarily stable, the supply of DOP was stable, the price of PVC fluctuated, and the downstream demand was stable. Plasticizer DOP market downward pressure increases, the transaction price is based on the real-time price, the overall DOP price is about 13000-13500 yuan / ton, the domestic demand for phthalic anhydride has little change, the downstream market is lower, and the market price of phthalic anhydride is declining.

Generally speaking, the crude oil price has dropped slightly in the near future. In addition, the downstream plasticizer industry has a downward trend. The DOP price has dropped and the o-benzene price has a stable trend. It is expected that the market price of phthalic anhydride will decline slightly in the later period.

According to the data monitoring of business news agency, the price of trichloromethane rose slightly this week (5.10-5.14). The price of trichloromethane was 3950 yuan / ton on the third day of the week, and 3955 yuan / ton on the third day of the week, with a slight increase of 0.13%.

This week, the overall operation rate of domestic methane chloride plant is close to 80%, and the pressure of supply side is not big, which has certain support for trichloromethane. According to the business news agency, Jinling Dongying unit has completed full load operation after maintenance, Dongyue methane chloride unit has started 50-60%, Jinmao methane chloride unit has been shut down, and about 90% of the units in Luxi have started, Jiangsu Liwen and Jiangxi Liwen have started at full load, and Meilan Juhua has started at about 70%.

Although the price of liquid chlorine is at a low level, the overall price of methanol is higher, and the cost side is still supported. According to the business news agency, as of May 14, the price of methanol was 2680 yuan / ton, up 2.87% from 2607 yuan / ton at the beginning of the week; As of May 14, the main factory price of liquid chlorine for tank cars in Shandong Province was about 1200 yuan / ton.

Finally, this week, foreign trade orders of downstream refrigerants were stable, the short-term growth of domestic trade was not obvious, and the downstream made more inquiries on demand. The demand side lacks strong support.

According to the methane chloride data of business news agency, although the raw material price is falling and the cost is obviously bad, the inventory pressure of trichloromethane production enterprises in Shandong is not big, and it is expected that the price of trichloromethane will remain stable in the short term.

According to the price monitoring of the business association, as of May 14, 2021, the average ex factory price of 1.2D * 38mm viscose staple fiber in China was 14440 yuan / ton, down 700 yuan / ton or 4.53% from the beginning of May; Compared with the beginning of April, the price decreased by 1420 yuan / ton, or 8.77%. In April, the market of viscose staple fiber was weak, the market atmosphere was light, and the factory inventory increased. Affected by the original cost of raw materials, the manufacturers actively supported the price, some factories implemented monthly settlement, and there were basically no new orders, so the inventory began to accumulate. Throughout April, although the manufacturers actively supported the prices, the prices continued to drop slightly. Most manufacturers said that they were in a state of no market at present. In May, under the pressure of inventory, some manufacturers reduced their prices one after another. After the festival, the prices fell all the way, the volume of transactions increased, and the inventory pressure slowed down.

According to the survey, the price of viscose staple fiber has nearly doubled from 8300 yuan per ton in August last year to 16000 yuan per ton at the beginning of the year. In particular, after the year, the price soared, from 12900 / T in early February to 15800 / T, an increase of 22.5%. However, since March, the price has gradually stabilized, and the manufacturer’s quotation is about 16000 yuan / ton. Since April, the market is weak, the transaction is light, and the price has continued to drop slightly. The 1.2D * 38mm viscose staple fiber has dropped by 8.77% from 15840 yuan / ton in early April to 15140 yuan / ton in late April, and then to 14440 yuan / ton on May 14.

It is reported that since the beginning of April, due to the shortage of raw material supply, the production line of a large high-end factory in the North has been arranged to be overhauled in turn, in which the output of Spunlaced non-woven fiber has been reduced by 35%, and that of textile fiber has been reduced by 20%. The market atmosphere of viscose staple fiber is light, the domestic demand is general, the export is not optimistic, the trade and investment of viscose filament is weakening, the factory inventory is increasing, the price is loose, the epidemic situation has a great impact on the export to India, and the market people are pessimistic about the future. After the May Day festival, viscose staple fiber continued to be weak, and the downstream demand was general. The factory carried out price reduction and promotion, and the turnover was large, and the inventory pressure was slowed down.

Cotton linter and wood pulp market in upstream

Since April, the price of cotton linter has been stable, but the price is still high, and the market transaction performance is light. At present, the price of Shandong Long velvet is 4700-4800 yuan / ton. In May, affected by the rise of raw materials, the price of cotton linter continued to rise, with less trading volume. The price of Shandong Long velvet was 5400-5500 yuan / ton.

According to the data monitoring of Business News Agency: after the May Day holiday, the spot price of wood pulp fell slightly, but then rebounded. The average market price of softwood pulp in Shandong on May 7 was 7262.5 yuan / ton, which was 50 yuan / ton lower than that in Shandong at the beginning of may (7312.5 yuan / ton on May 1), a decrease of 0.68%. On May 7, the average market price of hardwood pulp in Shandong was 5200 yuan / ton, which was 50 yuan / ton lower than that in early may (5250 yuan / ton on May 1), a decrease of 0.95%.

Price trend of hardwood pulp and softwood pulp

Downstream cotton yarn Market

The sales of yarn factory were poor, the quantity and price of rayon yarn fell, and the inventory of factory continued to increase. According to the price monitoring of the business association, as of May 14, the average ex factory price of rayon yarn (30s, ring spinning) in Shandong Province was 18450 yuan / ton, which was about 1200 yuan / ton lower than that in early April, a decrease of 5.87%. In April, the market of renmian yarn failed to maintain the stability of March, the price continued to fall, the market was weak, the transaction was light, and some enterprises showed signs of making profits; In May, the weak operation continued in April, and the price also fell. Rayon cotton downstream purchasing willingness decline, weak demand, mainly to consume inventory.

Finished product inventory of rayon yarn: in the first quarter of 2021, the final inventory days of rayon yarn reached 12.2 days, and the inventory still showed an increasing trend. At present, the inventory level has exceeded the level of the same period of last year.

Start up rate of rayon yarn industry: in the first quarter, the end start-up rate of rayon yarn was 85%. In the second quarter, there was the May Day holiday. Under the premise of weak market demand and high upstream viscose staple fiber cost, the start-up rate of rayon yarn industry or passive decline.

Rayon staple fiber orders held by rayon yarn decreased: Although rayon staple fiber orders held by rayon yarn are higher than the same period last year, they have gradually declined. According to this rhythm, it is expected that there will be a certain rigid demand for rayon staple fiber in the market around May Day.

Future forecast

Since May, the viscose staple fiber factory has carried out price reduction and sales promotion. The transaction volume has increased, and the inventory pressure has slowed down slightly. In the case of high raw material prices and low downstream demand, the factory will actively guarantee the price in the later stage. In the short term, it is expected that the viscose staple fiber will be weak, and the price is easy to fall but difficult to rise. Downstream cotton yarn market is weak, viscose staple fiber no demand support, market pessimistic attitude, prices are expected to fall slightly.

According to the data monitored by the business agency, as of May 11, the average price of PMMA, a domestic general transparent high-grade product, was 17066.67 yuan / ton, and the market maintained stable operation. The quotation range of mainstream manufacturers was 16000-17500 yuan / ton, and the focus of negotiation was stable. The downstream just needed to purchase.

The upstream phenol market rose significantly, the factory rose again, and the raw material pure benzene turned to be good. Under the support of the good situation, the cargo holders pushed up again, the terminal gradually turned to just need procurement, and the trading volume declined. Phenol commodity index: on May 10, the phenol commodity index was 70.92, up 1.66 points from yesterday, down 29.08% from the highest point of 100.00 points in the cycle (2011-09-01), and up 90.44% from the lowest point of 37.24 points on April 7, 2020（ Note: period refers to the period from September 1, 2011 to now).

Business community PMMA analysts believe that: in the short term, the price of PMMA will run smoothly, and the demand for purchasing will be the main factor（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.