Price: industrial grade lithium carbonate 456600 yuan / ton, battery grade lithium carbonate 476000 yuan / ton

Analysis: at present, the price of lithium carbonate is still in the upward range. In terms of supply, the tight supply of lithium resources continues. Some smelters are shut down due to lack of ore, so the price of lithium resources is difficult to find. On the demand side, the downstream new production capacity continued to climb. Although the downstream lithium iron phosphate enterprises had different degrees of maintenance and production reduction in March, the market demand for lithium carbonate procurement remained.

Prediction: in the near future, due to the continuous influence of the policies of the Ministry of industry and information technology and the warming of upstream and downstream games, it is expected that the short-term price rise of lithium carbonate may slow down.

During the month, the acetone market rose and fell, and the market showed a trend of first rising and then restraining. By the end of the month, the mainstream offer in East China was 5650 yuan / ton. According to the monitoring of business agency, in terms of East China market, the mainstream offer in East China market was 5600 yuan / ton on February 1, 6050 yuan / ton on February 14, and 5650 yuan / ton on February 28, with an increase of 0.89% and an amplitude of 8.04% in the month. As of the 28th, the negotiation in East China was 5650 yuan / ton, the offer in Shandong was 5950 yuan / ton, the offer around Yanshan was 5950 yuan / ton, and the offer in South China was 5880 yuan / ton.

During the month, the operating rate of domestic phenol ketone units was stable at 90%. In February, there were two units, of which the 60000 T / a acetone unit of Bluestar Harbin was shut down for five days, and the 40000 t / a acetone unit of Yanshan East District was shut down for maintenance from January 8 to February 25. In the last ten days of the year, the orders of petrochemical enterprises were stable, while the port inventory was 40000 tons and the source of imported goods was on the high side. However, under the supply pressure, the market fell sharply, and the terminal demand was poor. Although the start-up of terminal factories increased, there was no intention to purchase large orders. The market just needed to follow up, so it was difficult to make great changes.

On the raw material side, during the month, the listing price of Sinopec pure benzene increased by 200 yuan / ton to 7900 yuan / ton, the price of propylene increased by 400 yuan / ton to 8100 yuan / ton, the cost increased significantly, and the rise was obvious in the first ten days under pressure.

The spot resources of bisphenol A are limited, but the upstream and downstream of the industrial chain have fallen one after another, which is bad for the bisphenol a market. The factories have lowered their prices for many times during the month, and the bidding decline during the month is obvious. Up to now, Changchun and lihuayi Weiyuan have offered 17500 yuan / ton, and the market offer is 17250-17400 yuan / ton.

From the perspective of business agency, Zhejiang Petrochemical phase II unit will receive much attention next month, while Shandong lihuayi’s bisphenol a storage and maintenance plan in April will increase the overall supply. However, in terms of import, it is heard that the supply of goods from South Korea and Saudi Arabia has decreased, and the details continue to pay attention to the situation in Hong Kong. It is expected that the domestic acetone market will still show a mixed trend in March, which is generally bullish.

According to the data monitoring of business agency, the average ex factory price of LLDPE (7042) in East China was 8910.00 yuan / ton on February 1 and 8830.00 yuan / ton on February 28, with a decline of 0.90% during the month and an increase of 1.38% compared with January 1.

According to the monitoring data of business agency, the average ex factory price of LDPE (2426h) in East China was 12112.50 yuan / ton on February 1 and 11616.67 yuan / ton on February 28. The decline range in the month was 4.09%, down 1.76% compared with January 1.

According to the data monitoring of business agency, the average ex factory price of HDPE (5000S) in East China was 8966.67 yuan / ton on February 1 and 9050.00 yuan / ton on February 28, with an increase of 0.93% during the month and 4.36% compared with February 1.

In February, the polyethylene spot market rose and fell, showing an overall rise and fall trend. Among them, LLDPE and LDPE in East China mainly fell, HDPE mainly rose, and the fluctuation range in the month was limited. After the Spring Festival, due to the rise of international crude oil during holidays, the ex factory price of polyethylene market is mostly upward. However, the positive support of the market was limited, and then the polyethylene spot market began to go down. In terms of market supply, although some enterprises are overhauled, the supply is still sufficient. The operating rate of downstream enterprises has increased, but the overall market demand is still weak and the trading atmosphere is limited. The polyethylene market is weak.

In February, Liansu futures market fluctuated and fell, bringing Limited benefits to the spot market. On February 28, the opening price of polyethylene futures 2205 was 8820, the highest price was 8877, the lowest price was 8715, the closing price was 8835, the former settlement price was 8889, the settlement price was 8798, down 54, or 0.61%, the trading volume was 475602, the position was 310916, and the daily position was increased by – 4045. (quotation unit: yuan / ton)

At present, as a whole, the supply pressure in the PE market is relatively high, and the downstream demand does not improve until the end of the month. In terms of cost, the high international crude oil price supports the strong ethylene price. In addition, the new price of petrochemical enterprises increased slightly at the beginning of the month, which has given a certain boost to the market. It is expected that the price of PE spot market will rise in March or shock.