According to the bulk list data of business agency, as of May 30, the average price of domestic industrial lithium hydroxide enterprises was 463333.34 yuan / ton, a decrease of 1.42% compared with May 1, a year-on-year increase of 9.45% in a three-month cycle, and an increase of 430.53% compared with the same period last year.

In May, the domestic industrial lithium hydroxide market fell slightly. In the first half of the month, the upstream spodumene price was strong, the upstream lithium carbonate market fell, the lithium hydroxide Market changed little, the foreign lithium hydroxide market price was relatively strong, the domestic market demand was light, the market trading atmosphere was flat, and the market was weak and stable. In the second half of the month, the lithium hydroxide Market operated smoothly after a slight decline. The price of lithium carbonate in the upstream rose slightly, the cost support was strengthened, the supply side increased slightly, and the construction of the downstream high nickel material plant in the demand side recovered slightly. However, the market atmosphere was strong and the purchasing mentality was cautious.

Upstream lithium carbonate, upstream lithium carbonate. According to the bulk list data of business society, the average price of industrial lithium carbonate in East China on May 27 was 450000.00 yuan / ton, up 0.45% compared with the average price of last Monday (the average price of industrial lithium carbonate in East China on May 23 was 448000.00 yuan / ton), and down 3.02% compared with May 1 (464000.00).

According to the lithium hydroxide analysts of the business club, the price of spodumene in the upstream is high, the price of lithium carbonate in the upstream is rising slightly, the cost support is rising, the supply is increasing slightly, and the market inquiry atmosphere is slightly improved. However, the downstream purchasing mentality is still cautious. It is expected that the domestic industrial lithium hydroxide market may be stable and wait-and-see in the short term.

After three months, the price of ethylene oxide remains stable. Up to now, the latest price is 8200 yuan / ton in North China, South China, Northeast China and East China, and 8300 yuan / ton in Central China.

From the perspective of cost, the ethylene market is in sufficient supply. The overall valuation of domestic ethylene is low. The price of ethylene rises and falls during the month. The price difference between the beginning and the end of the month is almost the same. However, the external ethylene has continued to fall. CIF Northeast Asia fell from $1210 / T at the beginning of the month to $1070 / T at the end of the month, down $140 / T, or 11.57%. With the decline of raw material prices and the recovery of lost land by the RMB exchange rate, it is estimated that the profit margin of ethylene oxide theory will recover to around 250 yuan based on the current external price.

From the demand side, the current domestic epidemic situation is sporadic, and the epidemic control has brought many uncertain factors to the logistics and transportation. Under the interference of the epidemic, the construction in some areas is also greatly restricted. The operating rate of the mixing plant is poor, the real estate continues to weaken, the terminal payment collection is not ideal, and the recovery of infrastructure demand is not as expected. During the month, the production and sales were light, the monomer manufacturers were mainly de stocking, the dealers gave away the profits, and the market transaction price fell. Market participants said that in June and July, the infrastructure industry will face difficulties such as high temperature in summer and plum rain in the south, and the individual market in the later period is not very optimistic.

From the supply side, the market supply side fluctuates little, the supply of goods is sufficient, and the supply and demand side is still loose. Market participants said that although the far east alliance is expected to stop on the 28th, it has little impact on the overall weak situation of supply and demand.

On the whole, the demand side is weak, the price of raw materials is falling, and the center of gravity of ethylene oxide may move down.

According to the data monitored by the business agency, the quotation of Shanxi industrial grade first-class potassium nitrate at the beginning of the week was 7383.33 yuan / ton, and the quotation of Shanxi industrial grade first-class potassium nitrate at the end of the week was 7500.00 yuan / ton, an increase of 1.58% and a year-on-year increase of 66.67%.

potassium nitrate

The domestic potassium nitrate market continued to rise this week. It can be seen from the above figure that the potassium nitrate Market has shown a fluctuating upward trend in the past month, and the market continued to rise this week. Mainly because of the shortage of goods in the market, there are rumors about the rise of domestic potassium in the market. Driven by this news, potassium nitrate manufacturers continue to increase their quotation, and the market continues to rise. According to the statistics of business agency: this week, the quotation of mainstream domestic potassium nitrate manufacturers is 7300-7450 yuan / ton (the quotation is for reference only). The quotation is different according to different procurement conditions.

Recently, the domestic market price of imported potassium chloride is temporarily stable. At present, the price of 62% white potassium in the port is about 5300-5400 yuan / ton; The self raised price of 60% Dahong granules in the port is about 5100-5200 yuan / ton. 62% Russian White potassium in border trade is about 4900-5000 yuan / ton. The arrival price of domestic salt lake potassium chloride is about 4400-5000 yuan / ton. The high price of potassium chloride can give strong cost support to potassium carbonate.

Recently, the stock of imported potassium port is still declining, new border trade sources are gradually crossing the shore, and the market supply is still in short supply. It is expected that the price of potassium nitrate will mainly rise in the short term, and the long-term market still needs to wait and see. (the above prices are provided by the main potassium nitrate manufacturers all over the country and sorted and analyzed by the potassium nitrate analyst of business society. They are for reference only. Please contact the relevant manufacturers for more price details).

According to the price monitoring of business agency, on May 25, the average quotation price of domestic polyester staple fiber spot market was 8592 yuan / ton, up 0.12% from the previous trading day and 23.74% year-on-year. Today, the main contract of domestic staple fiber futures closed at 8294 in the morning, up 0.90% from the settlement price of the previous trading day, and the settlement price today was 8284. Staple fiber raw material futures closed mixed today, with PTA up 1.21% and ethylene glycol down 1.38%.

Boosted demand and tight supply, US oil hit the $111 / barrel mark today, and WTI’s main crude oil futures rose about 1% today to close near $110.8/barrel (as of 16:10). Since May, PX supply and demand has remained tight, and strong costs have driven PTA to close up slightly today. Recently, ethylene glycol inventory has accumulated, the downstream demand is poor, and the trend of ethylene glycol is sluggish. The strength of crude oil and PTA strongly supports the cost of staple fiber. However, due to the repeated outbreaks in many places and the return of foreign trade orders to Southeast Asia, the demand for textile terminals is still not ideal, and the inventory of yarn mills continues to accumulate.

Business analysts believe that the recent crude oil shock is relatively strong, and the cost side support of polyester staple fiber is strong. At the end of May, some staple fiber units were restarted and new production capacity was put into operation, and the supply is expected to increase. On the whole, polyester staple fiber is expected to be relatively strong in the short term.

Price: industrial grade lithium carbonate 448000 yuan / ton, battery grade lithium carbonate 467000 yuan / ton

Analysis: the price of lithium carbonate fluctuated slightly at the beginning of the week. At present, some small and medium-sized cathode manufacturers have gradually improved the epidemic situation in some areas due to the superposition of low inventory in the early stage, and the market confidence has increased. There is a need for small batch procurement. Due to the strong selling in the early stage and the decline of inventory, the market is reluctant to sell at this stage, and the market game mood is rising again.

Forecast: at present, the market inquiry volume has increased significantly. Today’s ore auction information further supports the price from the emotional side. It is expected that the short-term lithium carbonate price will be strong.

1、 Price trend

According to the data of business agency, the domestic maleic anhydride market price fluctuated and fell this week. As of May 22, the average price of benzene hydrogenation maleic anhydride remained at 10300.00 yuan / ton, down 0.32% from the average price of 10333.33 yuan / ton on May 16 and 11.71% from the same period last month.

On May 22, the maleic anhydride commodity index was 97.03, unchanged from yesterday, down 41.70% from the highest point of 166.43 in the cycle (2021-12-15), and up 89.59% from the lowest point of 51.18 on April 14, 2020. (Note: the period refers to the period from September 1, 2011 to now)

2、 Analysis of influencing factors

This week, the domestic benzene maleic anhydride market started basically stable. Recently, the downstream unsaturated resin market has started to rise slightly, dominated by rigid demand. As of the 22nd, the solid anhydride in Shandong was about 9500 yuan / ton, that in Jiangsu was about 9500 yuan / ton, that in Shanxi was about 9500 yuan / ton, that in Hebei was about 9500 yuan / ton, and that in South China was about 9500 yuan / ton.

Upstream, pure benzene rose in shock this week. The average price of pure benzene was 8867.17 yuan / ton on May 13 and 9067.17 yuan / ton on May 20, up 2.26% from last week. Supported by crude oil, external market and port inventory, the trend of domestic pure benzene is relatively strong in the short term, but most of the downstream are losing money and the pursuit of growth is weak. The price of main refineries is strong, and there is a short-term price difference with that in Shandong. The ex factory price of hydrogenated benzene in North China rose as a whole, from 8700 yuan / ton last weekend to 9012.5 yuan / ton this weekend, up 3.59% this week. In terms of n-butane, the price in Shandong was 6650 yuan / ton as of May 22.

3、 Future forecast

Analysts of maleic anhydride products of business society believe that at present, the domestic maleic anhydride market is mainly sorted out, and the downstream resin manufacturers are mainly in need of purchase. The price of raw materials has risen, the benzene process has a significant loss, the supply has declined, and there is no obvious benefit in the downstream resin. It is expected that the maleic anhydride market will be mainly sorted in the near future.

According to the monitoring of business agency, the price of activated carbon was 10600 yuan / ton at the beginning of this week and 10666 yuan / ton at the end of this week, with a price increase of 0.63%.

At present, the price of activated carbon in China has increased slightly. At present, the ex factory price of activated carbon for coconut shell water purification in East China is between 9500-12000 yuan / ton; Due to the improvement of logistics and transportation restrictions in the market, most dealers are optimistic. Some terminal merchants replenish goods appropriately in the market, and the market quotation is strong.

The raw materials of activated carbon are rich, including coal, sawdust, fruit shell and straw. Activated carbon suitable for water treatment is prepared through a series of processes. At the same time, activated carbon manufacturers are constantly improving the performance of activated carbon, increasing its working capacity and effectively adsorbing and purifying wastewater.

Forecast: in the short term, the price of activated carbon may be dominated by strong shock. Please contact the manufacturer for specific price consultation and negotiation.

According to the data monitored by the business agency, the average ex factory tax price of Shanxi light potassium carbonate was 9500.00 yuan / ton at the beginning of the week, 9550.00 yuan / ton at the end of the week, an increase of 0.53%, the current price rose by 5.33% month on month, and the current price rose by 42.11% year-on-year.

Potassium carbonate

The price of potassium carbonate rose sharply this week. As can be seen from the above figure, the potassium carbonate market has fluctuated higher recently, and the market continues to rise this week, mainly because the market is in short supply, the supply is in short supply, traders are reluctant to sell their goods, and the potassium carbonate market continues to rise. According to the statistics of business agency, the mainstream factory quotation range of domestic industrial grade potassium carbonate this week is about 9400-9700 yuan / ton (the quotation is for reference only). The quotation is different according to different procurement conditions.

Recently, the international market price of potassium chloride has been at a high level. At present, the self raised price of 62% white potassium in the port is about 5200 yuan / ton; The self raised price of 60% Dahong granules in the port is about 5100 yuan / ton. 62% Russian White potassium in border trade is about 4800-4900 yuan / ton. The arrival price of potassium chloride in domestic salt lakes is about 4400-4900 yuan / ton. The high price of potassium chloride can give strong cost support to potassium carbonate.

Recently, the price of potash fertilizer in China has remained high, the cost has remained high, and the market is in short supply. It is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to wait and see. (the above prices are provided by major manufacturers of potassium nitrate all over the country and sorted and analyzed by potassium carbonate analysts of business society. They are for reference only. Please contact relevant manufacturers for more price details).

On May 18), the price of viscose staple fiber rose steadily. Some manufacturers raised 200-300 yuan / ton, and the trading atmosphere improved. Downstream cotton yarn prices are stable, but downstream demand is general.

Price trend chart of viscose staple fiber

According to the price monitoring of the business society, as of May 18, 2022, the ex factory quotation of 1.2D * 38mm viscose staple fiber in China is 14960 yuan / ton, up about 150 yuan / ton from yesterday; The average ex factory price of human cotton yarn (30s, ring spinning, first-class products) was 19100 yuan / ton, which was the same as yesterday’s price.

Future forecast

Under the influence of cost pressure, viscose staple fiber manufacturers have raised prices for many times since May, and it is difficult to make concessions in the near future. Business analysts expect that the short-term viscose staple fiber will be mainly high-level finishing operation, and the price will be about 15000 yuan / ton.

1、 Price trend

According to commodity data monitoring, isopropanol prices rose first and then fell this week. The average price of domestic isopropanol was 7075 yuan / ton last Friday and 7112.5 yuan / ton this Friday. The price increased by 0.53% during the week.

2、 Market analysis

Figure: comparison chart of price trend of acetone and isopropanol from November to January

The domestic isopropanol market rose first and then fell this week. At present, the orders of isopropanol manufacturers are still mainly for export. Domestic market transactions are relatively cold. Downstream enquiries are general and wait-and-see. Up to now, most quotations of Shandong isopropanol are about 6900-7000 yuan / ton; The quotation range of Jiangsu isopropanol is about 7350 yuan / ton; Most quotations of isopropanol in Zhejiang are about 7200 yuan / ton. Internationally, on May 10, isopropanol in the United States closed stable and isopropanol market in Europe closed down.

In terms of raw material acetone, the price of isopropanol rose this week. The average price of domestic acetone was 5680 yuan / ton last Friday and 5880 yuan / ton this Friday. The price increased by 3.52% during the week. The mentality of the cargo holders is good, and the atmosphere in the venue is good. The business society expects that the acetone market will remain strong in the short term.

In terms of raw material propylene, the market price of propylene fell. The average price of domestic acetone was 8770 yuan / ton last Friday and 8676 yuan / ton this Friday. The price decreased by 2.21% during the week. Affected by the terminal demand, the price upward is weak, the downstream mentality is cautious and purchases on demand. The current price of propylene is relatively high. It is expected that there will be great pressure for further rise, and the short-term market will be dominated by narrow consolidation.

3、 Future forecast

The isopropanol analyst of the chemical branch of business society believes that at present, the domestic factories are mainly export orders, and the domestic isopropanol market demand is general. The increase of acetone price boosted market confidence to a certain extent. The support of raw materials for isopropanol is acceptable. It is expected that the market price of isopropanol will be stable in the short term.