According to the monitoring of the business agency, the average market price at the beginning of the week was 1535 yuan / ton, and that at the end of the week was 1518.33 yuan / ton, down 1.09% and up 4.35% compared with the same period last year. This week coking coal prices weak market operation.

On March 29, the coking coal commodity index was 112.05, which was the same as yesterday. Compared with the highest point 121.53 in the cycle (March 12, 2019), it decreased by 7.80%, and increased by 149.50% compared with the lowest point 44.91 on January 28, 2016. (Note: period refers to from September 1, 2012 to now)

According to the business community, as for the supply side, with the tightening of environmental protection inspection and the safety inspection of coal mines in the producing areas, the supply of coking coal is shrinking.

Demand: affected by the slowdown of coke demand caused by downstream blast furnace maintenance, coke shipment is relatively general. The environmental protection policy of limiting production by 30% – 50% has been strictly implemented in Tangshan steel works. The stock in the yard is at a medium to high level. At present, the stock is mainly digested and the purchasing enthusiasm is low. Steel mills still have the intention to lower the price, and coking enterprises have a weak mentality. At present, the market is still in the situation of oversupply, and it is difficult to change in the short term. It is expected that the coke market will still be weak.

According to the coking coal analysts of business society, with the tightening of environmental protection inspection and the safety inspection of coal mines in production areas, the supply of coking coal is in a state of shrinking. The price of coke in the lower reaches is weak, and some steel mills in Hebei have started the eighth round of increase and decrease, with a total decrease of 800 yuan / ton, which shows that they are not enthusiastic about purchasing coking coal. However, with the decline of coke enterprise’s inventory in the later period, the supply side of coking coal is tight. It is estimated that there is not much room for coking coal to go down in the later period, depending on the downstream market demand.

Trade name: chlorinated paraffin

Latest price (March 26): 5500 yuan / ton

Analysis points on March 26, the overall trend of domestic chlorinated paraffin market was stable, and the shipment was smooth. The price of liquid wax in the upstream is relatively stable, the price of liquid chlorine in the market is mostly stable, and the price in Northern Jiangsu and Shandong is rising. So far, the ex factory quotation of chlorinated paraffin 52 in Anhui Province is about 5400-5600 yuan / ton, the ex factory quotation of chlorinated paraffin 52 in Northeast China is relatively stable, about 5500 yuan / ton, and the ex factory quotation of chlorinated paraffin 52 in Shaanxi Province is about 5600 yuan / ton. The overall market trading atmosphere of chlorinated paraffin is acceptable. Business community chlorinated paraffin analysts believe that the overall output of chlorinated paraffin remains low, the cost side supports well, and the downstream starts to increase. It is estimated that the price of chlorinated paraffin is mainly stable in the short term, and there is no lack of possibility of price rise.

1、 Price trend of propylene oxide

(Figure: p-value curve of propylene oxide product)

2、 Market analysis

On March 25, the market of propylene oxide was stable. According to the data of the business club’s block list, as of March 25, the average quotation price of propylene oxide enterprises was 20100 yuan / ton, flat compared with the previous trading day, flat compared with the price at the beginning of the week, increased by 6.73% compared with the price at the beginning of the month, and increased by 142.17% compared with the same period last year. At present, the factory’s inventory is low, supporting the supplier to keep the price, but the downstream terminals are mostly weak and wait-and-see, the game between supply and demand continues, and the focus of market negotiation has no obvious fluctuation. At present, the mainstream quotation of propylene oxide Market in Shandong is around 19450-20000 yuan / ton.

Upstream propylene, as of March 24, Shandong propylene market prices still fell. According to the price chart of the business society, affected by the upstream and downstream, the propylene price rose again and again in the second half of February, which was at a high level for many years. It was generally stable at the end of the month and the beginning of the month. The price began to decline on the 4th, and generally rebounded on the 8th. The price rose 150-250 yuan / ton in two days, and then generally stabilized. The price rose about 50 yuan / ton again on the 12th, and continued to rise 50 yuan / ton on the 15th, starting from the 16th Since the 18th, the price has entered the downward channel again, with a daily drop of 100-150 yuan / ton. Today, the price has declined by 50-150 yuan / ton. The current market transaction has dropped to 7800-8700 yuan / ton, and the mainstream price is 7800-7850 yuan / ton.

Downstream propylene glycol, according to the monitoring data of the business community, as of March 24, the factory price of domestic industrial grade propylene glycol was 16000 yuan / ton, down 1.44% compared with last Thursday (March 18); downstream soft foam polyether, on March 25, the soft foam polyether market in Shandong continued to decline. At present, the mainstream quotation of common soft foam polyether market in Shandong is around 18500-19000 yuan / ton.

3、 Future forecast

Business community propylene oxide analysts believe that the recent propylene oxide Market is still dominated by supply and demand, the supply and demand balance, the factory is still willing to support the market, but the middle and lower reaches of the weak wait mentality mainstream, coupled with the impact of new capacity launch news, it is expected that in the short term, the market price of propylene oxide may be loose, more specific trends still need to pay attention to market information guidance.

Trade name: ammonium sulfate

Latest price March 24: 916.67 yuan / ton

Analysis points on March 24, domestic ammonium sulfate consolidation mainly wait-and-see, demand is relatively light. At present, the mainstream ex factory price of powdery ammonium sulfate in Hebei is about 800 yuan / ton, the mainstream ex factory price of internal grade ammonium sulfate in Shandong is about 830-960 yuan / ton, and the mainstream ex factory price of internal grade ammonium sulfate in Hunan is about 1100 yuan / ton. Business community ammonium sulfate analysts believe that the current regional differences in ammonium sulfate are obvious, and the performance varies from place to place. On the whole, downstream demand is general, new orders are limited, downstream manufacturers who use who take, most manufacturers are still waiting for more bidding price guidelines. It is expected that the price of ammonium sulfate will be mainly consolidated in the short term.

According to the data from the commodity list of business news agency, the market of formaldehyde in Shandong has been declining recently. On March 22, the average price of formaldehyde in Shandong was 1316.67 yuan / ton, and on March 23, the average price of formaldehyde in Shandong was 1273.33 yuan / ton, down 3.29%. The current price has increased by 6.11% month on month, and the current price has increased by 24.03% year on year.

Recently, the domestic formaldehyde market price has fallen. As of March 23, the mainstream factory price in Central China is about 1283 yuan / ton, the mainstream factory price in North China is 1175 yuan / ton, and the mainstream factory price in East China is 1264 yuan / ton. Shandong Linyi Galaxy formaldehyde production capacity of 120000 tons / year formaldehyde plant has been restarted. Recently, the atmosphere of formaldehyde market trading is light, the transaction is flat, and the market goes down.

Upstream methanol situation: the mainstream negotiation of methanol market in central Shandong is 2070-2080 yuan / ton to be sent to cash. Shandong methanol Lubei market negotiation price is stable at 2070-2080 yuan / ton to cash. The mainstream negotiation price of methanol market in southern Shandong was temporarily stabilized to 2180-2200 yuan / ton, and the factory withdrawal spot exchange was nearby. Linyi receives the local goods to negotiate the price to 2160-2170 yuan / ton and deliver them to cash exchange, while the logistics goods offer to deliver them to cash exchange at 2130-2140 yuan / ton. Methanol market continued to fall, can not give support to formaldehyde market.

In recent years, the atmosphere of stock preparation of downstream plate factories and adhesive factories in Shandong Province is light, and the industry is in a strong wait-and-see mood. Some manufacturers maintain a just need to purchase, and their support for formaldehyde is limited. Formaldehyde market tends to fall.

Recently, the upstream raw material methanol showed a downward trend, the downstream plate factory demand was general, the cost side fell, it is difficult to support the formaldehyde market, so the formaldehyde analyst of business society chemical branch predicted that the recent formaldehyde price in Shandong mainly fell below.