According to the Commodity Analysis System of Business Society, the chloroacetic acid market remained stable in early April, with an average market price of 3200 yuan/ton.

From the perspective of raw materials, upstream acetic acid and hydrochloric acid have both performed steadily since early April.

On the demand side, the spring plowing market has released demand, but downstream pesticide intermediate enterprises mainly focus on pre shipment orders.

Analysts from Business Society believe that chloroacetic acid is controlled by stable upstream prices, and overall remained stable in early April. The market may experience slight fluctuations and increases in the near future.

According to the commodity market analysis system of Shengyishe, as of April 3rd, the benchmark price of Shengyishe sponge titanium was 54750.00 yuan/ton, which is the same as the beginning of this month.

The market price of terminal raw material titanium ore is high and firm, and currently the domestic price of 46 grade 10 titanium concentrate, excluding tax, is around 2300-2350 yuan/ton. Spot prices are tight, and the market is strong on the market. The downstream titanium material market demand is stable, and sponge titanium shipments are normal.

According to analysts from Business Society Sponge Titanium, the sponge titanium market is expected to maintain stable operation in the near future. More attention should be paid to market news guidelines.

According to the Commodity Market Analysis System of Business Society, the price of chloroacetic acid has continued to rise recently. On March 24th, the price of chloroacetic acid was 3102 yuan/ton, and as of April 2nd, the price of chloroacetic acid was 3198 yuan/ton, with an increase of 96 yuan per ton. Mainly supported by raw materials such as acetic acid/liquid chlorine.

Specifically, in terms of raw material acetic acid, the price of acetic acid has recently bottomed out and rebounded. Subsequently, the inventory of manufacturers has gradually decreased. With the improvement of market trading atmosphere, enterprises have a strong intention to rise, and with the support of mentality, the price of acetic acid continues to rise.

The trend of the raw material liquid chlorine market is upward, and downstream purchasing sentiment is good. Enterprises are adjusting prices one after another, providing strong support for the price of chloroacetic acid.

Business Society Chloroacetic Acid Data Analyst believes that the raw material news is positive, market demand has increased, and market prices may rise. We will pay attention to downstream follow-up in the future.

This week, the price of ethyl acrylate has once again dropped. As of April 1st, the benchmark price of ethyl acrylate at Shengyishe was 9350.00 yuan/ton, a decrease of -0.26% compared to last week (9375.00 yuan/ton). Due to weak downstream demand at the terminal, on-site transactions have been poor.

From the perspective of market transaction atmosphere, due to the fact that the demand for downstream tape master rolls, acrylic acid lotion and other industries has not increased, and the level of starting load has gradually increased, there are more finished products in inventory in the downstream, the enthusiasm for receiving goods after market inquiry is not high, and the actual turnover of ethyl acrylate market is limited, so the transaction atmosphere is general.

Overall, due to the short working days this week and limited changes in supply and demand as well as cost, it is expected that there will be no significant fluctuations in the price of ethyl acrylate this week.

1、 Price trend

According to data monitored by Business Society, the PVC spot market prices fluctuated and fell in March. On March 1st, the average price of PVC in China was 5608 yuan/ton. On March 29th, the average price was 5552 yuan/ton, and the price dropped by 1% during the month.

2、 Market analysis

The PVC spot market prices fluctuated and fell in March. In the first half of this month, the spot market price of PVC rose first and then fell. High priced goods in the spot market are difficult to transact, and downstream purchasing enthusiasm for spot goods is not high, causing prices on the market to shift from rising to falling. In mid month, the spot market price of PVC first fell and then rose. With a slight increase in calcium carbide prices in the mid to late period, it boosted confidence in the spot market. The market price has fluctuated from decline to rise. In the latter half of the year, the market fell again, with weak confidence in the spot market and a decrease in enterprise quotations. Downstream markets were more wait-and-see, and transactions were cautious. As of now, the quotation range for PVC 5 type carbide materials in China is mostly around 5330-5730 yuan/ton.

In terms of crude oil, on March 28th, international crude oil futures rose significantly. The settlement price of the main WTI crude oil futures contract in the United States was $83.17 per barrel, up $1.82 or 2.2%. The settlement price of Brent crude oil futures main contract was reported at $87.00 per barrel, an increase of $1.59 or 1.9%.

In terms of calcium carbide, according to the commodity market analysis system of Business Society, the ex factory price of calcium carbide in the northwest region increased in March. On March 1st, the average ex factory price of mainstream calcium carbide manufacturers in Northwest China increased from 2933.33 yuan/ton at the beginning of the week to 2983.33 yuan/ton on March 29th, an increase of 1.7%. Currently, enterprises are reducing their burden and demand is slowly recovering. Inventory pressure in factories has decreased, and some enterprises have increased their operating rates. The supply pressure of calcium carbide is still significant, and downstream operating conditions are not optimistic. In the short term, calcium carbide still maintains a range adjustment operation.

3、 Future Market Forecast

Business Society PVC analysts believe that the operating load of PVC plants has slightly increased this month; Downstream demand is still dominated by rigid demand, and there are no significant positive factors in the market. It is expected that PVC spot prices will continue to weaken and consolidate in the short term.