Monthly Archives: March 2020

Coke market price fell this week (March 23-27)

1、 Price trend

 

On March 28, the coke commodity index was 82.06, unchanged from yesterday, down 39.23% from 135.04 (2018-09-13), the highest point in the cycle, and up 136.83% from 34.65, the lowest point on March 3, 2016. (Note: cycle refers to 2011-09-01 to now).

 

2、 Trend analysis

 

Price: according to the data monitoring of business agency, the price of domestic coke market is stable this week. As of Friday, the mainstream price of secondary metallurgical coke in Shanghai was 1730 yuan / ton, and the mainstream price of quasi primary metallurgical coke was 1790 yuan / ton; the mainstream price of secondary metallurgical coke in Xuzhou was 1700 yuan / ton, and the mainstream price of quasi primary metallurgical coke was 1770 yuan / ton; the mainstream price of secondary metallurgical coke in Weifang, Shandong was 1690 yuan / ton, and the mainstream price of quasi primary metallurgical coke was 1750 yuan / ton; the mainstream price of secondary metallurgical coke in Taiyuan, Shanxi was 1590 yuan / ton, and the mainstream price of quasi primary metallurgical coke was 1770 yuan / ton The mainstream price of primary metallurgical coke is 1640 yuan / ton; the mainstream price of secondary metallurgical coke in Mudanjiang, Heilongjiang Province is 1630 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1690 yuan / ton; the mainstream price of secondary metallurgical coke in Shenyang, Liaoning Province is 1660 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1720 yuan / ton; the mainstream price of secondary metallurgical coke in Pingdingshan, Henan Province is 1700 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1800 yuan / ton; Hebei Province The mainstream price of secondary metallurgical coke in Tangshan is 1680 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1730 yuan / ton; the mainstream price of secondary metallurgical coke in Tianjin is 1700 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1800 yuan / ton; the mainstream price of secondary metallurgical coke in Panzhihua coke market in Sichuan is 1830 yuan / ton; the mainstream price of secondary metallurgical coke in Liupanshui coke market in Guizhou is 1920 yuan / ton; the mainstream price of Ordos coke market The main price of secondary metallurgical coke is 1350 yuan / ton. The port trade of primary metallurgical coke is about 1950 yuan / ton, the trade of quasi primary metallurgical coke is about 1850 yuan / ton, and the trade of secondary metallurgical coke is about 1750 yuan / ton.

 

ferric sulfate (Poly ferric sulphate)

Import and export: according to the data released by the General Administration of customs, China exported 360000 tons of coke from January to February, a year-on-year decrease of 1.04 million tons, or 74.21%. The export volume of coke in January February was 90.48 million US dollars.

 

Product: the domestic coke market price is stable this week, the downstream steel plants are gradually back to work, and the demand for coke has picked up to a certain extent. Most steel plants mainly purchase on demand. In terms of supply, coking enterprises started to reduce this week, with stable supply. Up to now, the main quotation of quasi first grade CDQ in Shanxi Province is between 1550-1650 yuan / ton. Recently, the stock of the port has increased, and the trading is relatively cold. At present, the quotation of quasi first grade metallurgical coke in the port area is kept at 1750 yuan / ton.

 

3、 Future forecast

 

The coke analysts of business club believe that the sufficient supply of Coke will last for a period of time in the short term, but because the demand side has not been significantly improved, the coke price is mainly weak consolidation.

http://www.lubonchem.com/

Weak demand follow-up, weak trend of PA66 (3.16-3.27)

1、 Price trend

 

According to the data of the bulk list of business agencies, the market trend of domestic PA66 market in the second half of March was weak, and the price was mostly reduced. As of Friday, March 27, the average price of the mainstream offer of PA66 is about 21850.00 yuan / ton, down 1.80% from the previous average price level in the second weekend of March.

 

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Analysis of influencing factors:

 

The domestic market of adipic acid in the upper reaches of PA66 continued to be weak in the near future. Compared with that in the first half of the month, the price of dealers continued to be lowered. At present, adipic acid dealers are affected by the national health events, and the market entry situation is still not as good as that before. The market transportation situation is stable, but the shipment situation is not ideal due to the weak downstream demand. At present, the manufacturer’s operating rate remains stable and the inventory pressure is average. At present, under the situation of international crude oil and chemical industry market decline, adipic acid cost end support is weak, and it should maintain weak in the near future; while domestic PA66 market atmosphere remains cold, and the market is relatively weak. In terms of supply, the logistics resistance is gradually alleviated, and the old topic of supply and demand imbalance is highlighted in the field. At present, PA66 has sufficient spot goods, low starting load of downstream plants and weak demand. The enthusiasm of the participants is general, the on-site trading is rigid, and there is little large-scale stock up.

 

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Future forecast:

 

Business analysts believe that: in the second half of March, the domestic PA66 market continued to adjust its weakness. The spot price of adipic acid in the upstream continued to decline, which gave poor support to the cost side of PA66. The return rate of downstream factories still needs to be improved. The strategy of “just need to take delivery” is generally implemented, and the demand is very limited. The market atmosphere is oversupplied, and the industry has insufficient confidence in the future market. It is expected that PA66 market will not improve in the short term.

http://www.trimethylaceticacid.com

Poor demand, hydrogen peroxide price down

On March 19, the hydrogen peroxide commodity index was 99.28, unchanged from yesterday, down 54.24% from 216.98 (2017-12-24), the highest point in the cycle, and up 38.39% from 71.74, the lowest point on August 3, 2016. (Note: cycle refers to 2011-09-01 to now)

 

According to the monitoring of the business agency, after the middle of March, the price of hydrogen peroxide fell. On March 19, the average market price of hydrogen peroxide was 913 yuan / ton, 1.79% lower than that on March 9.

 

market analysis

 

Since the middle of March, the hydrogen peroxide manufacturers have basically resumed construction. Due to the continuous decline in the price of terminal caprolactam products, the paper industry ushered in a callback, the terminal procurement was cautious, the hydrogen peroxide products were generally shipped, the manufacturers had insufficient confidence in the firm price, and the hydrogen peroxide price returned to the decline channel.

 

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As of March 19, the quotation of hydrogen peroxide in each region is as follows:

 

Shandong area: Luxi Chemical 27.5% hydrogen peroxide quoted price is 840 yuan / ton; the price is stable.

 

Hebei: Zhengyuan fertilizer Co., Ltd. quoted price of 27.5% hydrogen peroxide of 850 yuan / ton, with stable price. Anhui: Anhui Quansheng 27.5% hydrogen peroxide quoted 1050 yuan / ton, the price dropped 50 yuan / ton.

 

Hunan Province: Hunan Shuangyang 27.5% hydrogen peroxide quoted 1150 yuan / ton, the price dropped 50 yuan / ton.

 

Zhejiang: Hangzhou Mingxin 27.5% hydrogen peroxide quoted price is 1100 yuan / ton, the price is stable.

 

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Terminal: caprolactam was dragged down by the upstream, the pressure of enterprises was heavy, and the prices fell one after another, with a drop of nearly 2 points. The paper industry was affected by the sharp decline of waste paper, the corrugated paper industry ended the rising trend and continued the weak downward trend, the terminal performance was poor, the hydrogen peroxide market rose weakly, and the weak downward trend was mainly explored.

 

Outlook for the future

 

Hydrogen peroxide analysts believe that: due to the weak market of caprolactam in the terminal paper industry, it is difficult for hydrogen peroxide Market to rise sharply in the short term, or it will continue to explore mainly.

http://www.trimethylaceticacid.com

Epichlorohydrin market price fell this week (3.16-3.22)

1、 Price trend of epichlorohydrin:

 

(Figure: P value curve of epichlorohydrin product)

 

2、 Market analysis:

 

Product: epichlorohydrin market fell this week, according to the data in the large list of business agencies. Under the influence of the overall market environment, the downstream customers’ purchasing mentality is slightly weak. They are cautious and wait-and-see. The market trading atmosphere is light. As of the 22nd, the average price of epichlorohydrin enterprises was 9633.33 yuan / ton, down 2.36% compared with the beginning of the week and 17.90% compared with the same period last year. On the 22nd, the main quotation of epichlorohydrin market in China was around 9300-9800 yuan / ton.

 

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On March 22, the epichlorohydrin commodity index was 68.03, unchanged from yesterday, down 49.12% from 133.71 (2019-10-29), the highest point in the cycle, and up 45.21% from 46.85, the lowest point on September 7, 2016. (Note: cycle refers to 2011-09-01 to now)

 

Industry chain: the market price of propylene in Shandong region in the upstream (3.16-3.20) fell 4.83% this week. By the end of 20th, the market turnover was 5650-6000 yuan / ton, and the mainstream price was 5650-5750 yuan / ton. Influenced by the OPEC meeting and various international economic policies, international crude oil rose and fell sharply; on the 16th, the price fell sharply again; on the 17th, it fell slightly; on the 18th, it fell sharply again; on the 19th, it recovered slightly. Due to the low production and inventory before propylene, the decline in the early stage is not significant, and the follow-up trend in the later stage is also obvious. It is expected that the price of propylene in the later stage will continue to be affected by crude oil, mainly in-situ shocks. On the 20th, the downstream epoxy resin, the overall market atmosphere is light, the actual single transaction is limited.

 

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Industry: according to the price monitoring of the business association, in the 11th week of 2020 (3.16-3.20), there are 15 kinds of commodities rising month by month in the list of commodity prices in the chemical sector, among which there are 3 kinds of commodities rising by more than 5%, accounting for 3.4% of the number of commodities monitored in the sector; the top 3 commodities are isopropanol (26.40%), acetic anhydride (6.37%) and dichloromethane (5.38%). There are 39 kinds of commodities falling on a month on month basis, 14 kinds of commodities falling by more than 5%, accounting for 16.1% of the number of commodities monitored in the sector; the top three products falling are pure benzene (- 17.60%), chloroform (- 15.79%), crude benzene (- 14.52%). This week’s average was – 1.62%.

 

3、 Future forecast:

 

According to the epichlorohydrin analysts of the business club, in the near future, the upstream propylene price has fallen, the downstream epoxy resin trading is light, the epichlorohydrin has insufficient action power, and the market mentality is more cautious to wait and see. However, as the price continues to fall to a low level, the manufacturers’ low intention is weakened. It is expected that in the short term, the epichlorohydrin market will be dominated by stalemate consolidation and operation, and more attention should be paid to raw materials and mainstream markets Market transactions.

http://www.trimethylaceticacid.com

Acrylic acid market price is stable this week (3.16-3.20)

1、 Acrylic price trend:

 

(Figure: P value curve of acrylic acid product)

 

2、 Market analysis:

 

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Product: according to the data of the business club’s large scale list, the average price of acrylic acid enterprises as of March 20 was 7266.67 yuan / ton, which was the same as that at the beginning of the week, with a three-month cycle, down 10.66% year-on-year. On the 20th, the main price of acrylic acid in China was about 7000-7500 yuan / ton. In the near future, the price of raw material propylene continues to decline. Under the influence of the overall market environment, the purchasing mentality of downstream customers is slightly weak, but the overall start-up of the industry continues to be low. The downstream just needs to increase gradually. This week, the quotation of mainstream manufacturers is stable. On the 20th, the price of acrylic acid in Wanhua chemical and Petrochemical Co., Ltd. remained stable, mainly for contracts and stable customers. The price of acrylic acid was 7000 yuan / ton.

 

Industrial chain: as of March 19, the market price of upstream propylene in Shandong still fell. 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, and on the 17th, 18th and 19th, the price dropped continuously. At present, the market turnover is 5700-6000 yuan / ton, and the mainstream price is 5700-5750 yuan / ton.

 

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Industry: according to the price monitoring of the business agency, there are seven commodities in the list of commodity prices rising and falling on March 19, 2020, among which the top three commodities are isopropanol (3.52%), ammonium chloride (2.85%) and dichloromethane (2.62%). There are 20 kinds of commodities falling on a month on month basis, 3 kinds of commodities falling by more than 5%, accounting for 3.4% of the number of commodities monitored in this sector; the top 3 products falling are ox (- 8.00%), propane (- 6.57%), chloroform (- 5.88%). The average price of this day was – 0.54%.

 

3、 Future forecast:

 

According to the acrylic analysts of the business association, the price of raw material propylene continues to decline and the support of the cost side weakens, but the industry’s operating rate continues to be low, the downstream demand gradually increases, and under the guidance of the supply and demand side, it is expected that in the short term, the acrylic acid market will be mainly stable, and the market trend will be more focused on the transaction status.

http://www.trimethylaceticacid.com

Asphalt market prices fell this week (March 9-13)

1、 Price trend

 

According to the price monitoring of the business agency, the market price of asphalt fell this week, and the price of asphalt closed at 3380 yuan / ton, 1.17% lower than that of last week.

 

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2、 Analysis of influencing factors

 

Product: OPEC + production reduction meeting encountered black swan, the international oil price plummeted, and the current asphalt market is in the off-season stage, the asphalt market price fell this week.

 

Industry chain: Saudi Arabia and Russia held a joint production reduction meeting to encounter the black swan incident. Saudi Arabia announced on April 7 that it would sharply reduce the official oil price and increase production. Russia and other countries followed up. The crude oil supply is expected to increase significantly, and the international crude oil market plunged more than 40%.

 

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In terms of asphalt Market: the price of crude oil market has dived and the production cost of asphalt has been lowered, and the spot price in Shandong Province has been reduced rapidly; the price of asphalt in East China and South China has also been reduced by 250 yuan / ton; in Southwest China, CNOOC Sichuan has lowered the price of asphalt three times this week, driving the market turnover down; in Northeast China, there are also low-cost sources of goods hitting the market. This week’s asphalt market is in the atmosphere of falling prices, with obvious market wait-and-see mood and poor purchasing enthusiasm, but the overall price drop is limited.

 

3、 Future forecast

 

Lu Xingjun, an asphalt analyst with business club, believes that: the international crude oil market price is running at a low level, and there is still a large space for asphalt price to be lowered. It is expected that the asphalt market price will continue to bear downward pressure in the near future.

http://www.trimethylaceticacid.com

Yellow phosphorus prices fell this week (3.9-3.13)

1、 Price trend

 

According to commodity data monitoring, the price of Yungui yellow phosphorus fell this week. At the beginning of the week, the average price of yellow phosphorus was 17800 yuan / ton, and at the end of the week, the average price was 17566.67 yuan / ton, with a slight drop of 1.31% in the week.

 

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2、 Market analysis

 

Product: this week, the market price of yellow phosphorus fell, the number of enterprises driving increased a little, the downstream had strong resistance to high price supply, and the focus of market transaction gradually shifted down. At present, the main quotation of yellow phosphorus in Yunnan is about 17300 yuan / ton. The main quotation in Sichuan is about 17800 yuan / ton. The main quotation of yellow phosphorus in Guizhou is about 17300 yuan / ton. The overall market is light, and traders mainly wait and see.

 

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Industry chain: in terms of upstream phosphorus ore, at present, Guizhou Province offers 330-380 yuan / ton for 30% ammonium phosphate ore car plate, and the actual transaction is 320-330 yuan / ton. The price of 28% grade raw ore pit mouth is 260 yuan / ton, and the price of car board is 320 yuan / ton, so the transaction can be negotiated flexibly. Sichuan region: 28% grade Mabian County delivery price (including tax) refers to 300-320 yuan / ton. The delivery price of 26% grade phosphate ore in Mabian county is 260 yuan / ton, that of 27% grade is 290 yuan / ton, and that of 29% grade is 340 yuan / ton. The actual transaction is mainly negotiated. Yunnan area: 28% grade ammonium phosphate mine mainstream car plate price reference 275 yuan / ton, on-site transportation is not smooth, limiting downstream procurement. The price of 27% grade yellow phosphorus ore car plate is 330 yuan / ton, which can be traded. Panzhihua coke (secondary metallurgical coke) market price, the mainstream price in 1880 yuan / ton, is expected to maintain stability in the short term. Downstream phosphorus trichloride enterprises started steadily, phosphoric acid market maintained stable consolidation, and on-site trading was still relatively light. The phosphate Market is not prosperous, and the enterprise is temporarily waiting for the market. At present, the orders are mainly from old customers.

 

3、 Future forecast

 

According to the yellow phosphorus analysts from the chemical branch of business cooperation, the yellow phosphorus market price fell this week, with a small increase in enterprises’ driving. The downstream of yellow phosphorus resisted the high price supply, and the overall market trading was light, which was difficult to form a strong support for the market. It is expected that the yellow phosphorus price will continue to tilt downward.

http://www.trimethylaceticacid.com

Demand started slowly, PVC price fell 7.14% in February

1、 Price trend

 

According to the data monitored by the business association (average ex factory price of SG5 by calcium carbide method), the average price of domestic PVC mainstream on February 29 was 6337.5 yuan / ton, down 7.14% compared with 6825 yuan / ton at the beginning of the month (1 day), up 0.6% compared with the same period last year. On March 4, the PVC commodity index was 79.04, up 0.16 points from yesterday, down 20.96% from the cycle’s highest point of 100.00 (2011-09-05), and up 35.64% from the lowest point of 58.27 on December 20, 2015. (Note: cycle refers to 2011-09-01 to now)

 

2、 Market analysis

 

Products: February PVC futures are quite volatile, occasionally rebounding, but it is difficult to last. PVC spot price continued to fall, the market is weak. According to the communication between Israel and Israel, during the Spring Festival, PVC manufacturers will reduce the load operation and continuous production. After the Spring Festival, with the commencement of downstream enterprises, the demand increases and PVC inventory gradually decreases. This year, affected by the public health events, the resumption of work of PVC downstream enterprises was delayed again and again, and some construction industries were delayed to April. The demand side of PVC market started slowly and the market trend was not good. At the same time, the transportation is not smooth, PVC sales are difficult, market trading is light, transaction is limited, some production enterprises do not offer, the market is intertwined with many empty, middle traders have a negative mentality, the shipping pressure is large, PVC price pressure is downward. Near the end of the month, with the gradual easing of transportation and the recovery of PVC downstream products enterprises, the market began to have a trace of vitality, but overall downstream demand is still weak, which is difficult to boost PVC. At present, PVC inventory is still at a high level, the number of re manufacturers has increased, the supply is sufficient, the demand side maintains just need to purchase, many enterprises have certain stock before the festival, the demand is not high, the overall situation of supply exceeding demand in PVC market is still the same, the market is weak as normal, if the demand side cannot be recovered, PVC manufacturers may enter the spring maintenance state in advance. According to the data monitoring of business agency, as of March 4, the main quotation range of domestic PVC is 6000-6450 yuan / ton. At present, the mainstream price of pvc5 carbide in Changzhou is around 6150-6320 yuan / ton, the interval price of pvc5 carbide in Hangzhou is between 6180-6350 yuan / ton, and the mainstream price of PVC ordinary carbide in Guangzhou is around 6180-6200 yuan / ton. The real deal can be negotiated.

 

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In terms of Futures: March 3, the main PVC v2005 contract hit a high and fell back, closing at 6270 yuan / ton, which was + 10 yuan compared with the previous trading day; trading volume was 102972, – 8449 hands; positions were 198083, – 3732 hands, basis – 50 yuan, – 40 yuan; 5-9 price difference – 115 yuan, + 0 yuan.

 

Industry chain: at present, crude oil price is over falling and rebounding. On the one hand, it is affected by the boost of external macro good news. On the demand side, the pessimistic atmosphere of crude oil demand outlook remains unchanged. The three institutions generally lowered the 2020 crude oil demand growth expectation, with a large downward adjustment range. It is expected that crude oil will still fluctuate broadly in the near future under the influence of many market interference factors In the medium and long term, crude oil is not likely to reverse the market and rise sharply. In terms of calcium carbide, the factory price slightly increased, downstream customers’ procurement enthusiasm was general, and the supply of calcium carbide was tight. The aftermarket calcium carbide slightly shakes.

 

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Industry: price monitoring of business agencies: in February 2020, there are 0 commodities in the list of commodity price rise and fall in rubber and plastic sector. There are 14 kinds of commodities falling on a month on month basis, and 10 kinds of commodities falling by more than 5%, accounting for 62.5% of the number of commodities monitored in the sector; the top three products falling are natural rubber (- 15.79%), cis-1-polybutadiene rubber (- 13.22%) and styrene butadiene rubber (- 12.94%). This month’s average rise and fall was – 6.24%.

 

3、 Future forecast

 

PVC analysts of the business club think that: at present, the demand side of PVC has improved to some extent, but it is still starting slowly, the trading is average, the spot market price of PVC is generally stable, some enterprises adjust their quotations according to their own, and expect that PVC still has a risk of falling in the short term, and pay attention to the macro level and the recovery of the end enterprises in a timely manner.

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Weak demand is hard to support, and PVC market price is hard to hide

1、 Price trend

 

According to the data monitored by the business association (average ex factory price of SG5 by carbide method), the average price of domestic PVC mainstream on February 27 was 6350 yuan / ton, down 4.33% from 6637.5 yuan / ton on Thursday (20), up 0.79% compared with the same period last year. On February 27, the PVC commodity index was 80.46, down 0.16 points from yesterday, down 19.54% from the cycle’s highest point of 100.00 (2011-09-05), and up 38.08% from the lowest point of 58.27 on December 20, 2015. (Note: cycle refers to 2011-09-01 to now)

 

2、 Market analysis

 

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In terms of products: Recently, the resumption of PVC downstream products enterprises has improved, but the starting level is low, some workers can not fully arrive at their posts, and some construction industries have not yet resumed their work. In addition, the logistics and transportation in some areas are still not smooth. Overall, the downstream demand is still low, which is difficult to boost PVC. At present, PVC inventory is still at a high level, the number of manufacturers returning to production has increased, the supply is sufficient, the demand side maintains just need to purchase, many enterprises have certain stock before the festival, the demand is not high, the overall situation of supply over demand in PVC market is still the same, the transaction is limited, there is a certain pressure on businesses to ship, the situation is weak and normal, which is difficult to change for a while. According to the data monitoring of business agency, as of February 27, the main quotation range of domestic PVC is 6000-6450 yuan / ton. At present, the mainstream price of pvc5 carbide in Changzhou is around 6200-6360 yuan / ton, the interval price of pvc5 carbide in Hangzhou is about 6200-6350 yuan / ton, and the mainstream price of PVC ordinary carbide in Guangzhou is around 6220-6240 yuan / ton. The real deal can be negotiated.

 

Futures: PVC main v2005 contract fell slightly, closing at 6295 yuan / ton, compared with – 20 yuan on the previous trading day; trading volume 82030 hands, + 16681 hands; position 213564 hands, – 15275 hands, base difference – 45 yuan, + 0 yuan; 5-9 price difference – 75 yuan, + 0 yuan..

 

Industry chain: Recently, the price of crude oil has risen, which is good for the ethylene market to keep up with the rise. Therefore, the data analysts of the business agency expect that the price of ethylene will keep a narrow range of shocks in the future, not excluding the possibility of rising. In terms of calcium carbide, the factory price slightly increased, downstream customers’ procurement enthusiasm was general, and the supply of calcium carbide was tight. The aftermarket calcium carbide slightly shakes. Recently, crude oil fell for four consecutive days under the influence of global epidemic warming. The superposition of market risk factors will increase the amplitude of crude oil, and the oversold response of the market will further increase the long-term risk. In the near future, the market or low-level fluctuation will not rule out the possibility of continuing to explore the bottom, and the later crude oil price still needs to wait and see, so the business social data analysts expect that the ethylene price will keep a narrow range of shocks in the future. In terms of calcium carbide, the factory price slightly increased, downstream customers’ procurement enthusiasm was general, and the supply of calcium carbide was tight. The aftermarket calcium carbide slightly shakes.

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Industry: according to the price monitoring of the business agency, on February 27, 2020, there are three kinds of commodities in the list of rise and fall of bulk commodity prices, among which the top three commodities are cis-1.01%, styrene butadiene rubber (1.01%) and HDPE (0.45%). There are 5 kinds of commodities falling on a month on month basis. The top 3 products falling were ABS (- 4.14%), PA6 (- 2.28%) and natural rubber (- 1.11%). The average price of this day was – 0.37%.

 

3、 Future forecast

 

PVC analysts believe that: at present, the PVC manufacturers’ operating rate has increased, while the downstream demand is not strong, the market turnover is general, and it is expected that the PVC market is still weak in the short term.

http://www.pva-china.net

China’s domestic coke market fell under pressure in February

1、 Price data:

 

 

2、 Trend analysis

 

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Price: according to the data monitoring of the business agency, the first round of increase and decrease in the domestic coke market started in February, with a decrease of 50-100 yuan / ton. At present, the mainstream price of secondary metallurgical coke in Shanghai is 1930 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 2000 yuan / ton; the mainstream price of secondary metallurgical coke in Xuzhou is 1900 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1970 yuan / ton; the mainstream price of secondary metallurgical coke in Weifang, Shandong Province is 1850 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1900 yuan / ton; the mainstream price of secondary metallurgical coke in Taiyuan, Shanxi Province is 1750 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 2000 yuan / ton The mainstream price of metallurgical coke is 1800 yuan / ton; the mainstream price of secondary metallurgical coke in Mudanjiang, Heilongjiang Province is 1790 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1850 yuan / ton; the mainstream price of secondary metallurgical coke in Shenyang, Liaoning Province is 1820 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1880 yuan / ton; the mainstream price of secondary metallurgical coke in Pingdingshan, Henan Province is 1900 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 2000 yuan / ton; Tangshan, Hebei Province The mainstream price of secondary metallurgical coke is 1840 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1890 yuan / ton; the mainstream price of secondary metallurgical coke in Tianjin is 1850 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1950 yuan / ton; the mainstream price of secondary metallurgical coke in Panzhihua coke market in Sichuan is 2080 yuan / ton; the mainstream price of secondary metallurgical coke in Liupanshui coke market in Guizhou is 2170 yuan / ton; the mainstream price of secondary metallurgical coke in Ordos coke market The main price of metallurgical coke is 1500 yuan / ton. The port trades about 2100 yuan / ton of primary metallurgical coke, 2000 yuan / ton of quasi primary metallurgical coke and 1900 yuan / ton of secondary metallurgical coke.

 

Product: in February, the domestic coke market as a whole stabilized first and then fell. In the first half of February, due to the limited domestic transportation, the poor arrival of raw materials and coking coal, the start-up of coke enterprises declined, and the demand of downstream steel plants was flat, so the coke price was running smoothly. Near the end of the month, the transportation situation improved, the arrival of raw materials increased, and the start-up of coke enterprises continued to improve. However, the enthusiasm of procurement intention of downstream steel plants was not high, and some steel plants were intensely depressed due to inventory problems.

 

Industry: according to the price monitoring of the business agency, there are two kinds of commodities in the list of rise and fall of bulk commodity prices on February 27, 2020. The top two commodities are gasoline (0.40%) and diesel (0.27%). There are 9 commodities falling on a month on month basis, with Brent crude oil (- 2.67%), liquefied gas (- 2.54%) and WTI crude oil (- 2.34%) as the top three products.

 

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3、 Future forecast

 

According to the coke analysts of the business association, at present, the operation of some coke enterprises is gradually improving, the finished materials and coke inventory of downstream steel plants are all high, and the recent maintenance and production restriction plans are increasing, the demand for coke is insufficient and the intention to suppress the price of coke is obvious, and it is expected that the coke market will still be under pressure in a short period of time.

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