On May 19, the rare earth index was 832 points, down 1 point from yesterday, down 17.38% from the highest point of 1007 points in the cycle (2022-02-24), and up 207.01% from the lowest point of 271 points on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now)

The trend of domestic rare earth index declined slightly, the price of domestic light rare earth praseodymium neodymium series fell, the price of praseodymium neodymium oxide fell by 2500 yuan / ton to 932500 yuan / ton, the price of praseodymium neodymium metal fell by 2500 yuan / ton to 1127500 yuan / ton, the price of praseodymium oxide was 945000 yuan / ton, the price of metal praseodymium was 1225000 yuan / ton, the price of metal neodymium was 1155000 yuan / ton, and the price of dysprosium oxide fell by 10000 yuan / ton to 2610000 yuan / ton, The price of dysprosium ferroalloy fell by 10000 yuan / ton to 2.615 million yuan / ton, and the price of metal dysprosium was 3.38 million yuan / ton. The domestic light rare earth market price fell slightly. In the recent procurement, the price of dysprosium Series in the domestic heavy rare earth market fell, the price of Terbium series fell, and the downstream procurement was mainly on demand. Myanmar banned exports, and the domestic rare earth market price is expected to fall slightly in the later period.

Ethylene oxide remained stable, with the ex factory price of 8200 yuan / ton in East China, North China, South China and Northeast China and 8300 yuan / ton in Central China.

The supply of ethylene is abundant, and the bottom market continues. The latest external price of ethylene in Northeast Asia is 1150 US dollars / ton, down 20 US dollars / ton compared with the price of the previous trading day. Affected by the decline of ethylene price, the profit space of ethylene oxide has been repaired. Based on the current external price and exchange rate, EO currently has a loss of about 250 yuan / ton. The real estate policy is good for the terminal, and the recovery of terminal demand is relatively slow. The inventory of monomer factories still needs time to digest, and the market is mainly on the sidelines.

Forecast: temporarily stable.

Trade name: sulfur

Latest price (May 17): 3956.67 yuan / ton

Key points of analysis: according to the price monitoring of business society, the average price of sulfur in East China today increased by 0.94% compared with yesterday. The maintenance of domestic refineries is concentrated, the enterprise inventory is low, and there is no shipping pressure for the time being. The weak operation of downstream sulfuric acid Market has a great impact on the demand for sulfur. The consolidation of ammonium phosphate Market is the main aspect, the downstream purchase is stable, the supply of sulfur market is in short supply, and the enterprises in Shandong Province arrange the quotation upward according to the inventory situation, The price of solid sulfur is increased by 50-60 yuan / ton, and that of liquid sulfur is increased by 60-150 yuan / ton.

Future forecast: the short-term sulfur market will operate at a high level, with specific attention to the downstream follow-up.

Trade name: urea

Latest price (May 16): 3261.00 yuan / ton

On May 16, the comprehensive price of domestic urea fell slightly, which was 4 yuan / ton lower than that on May 13, a decrease of 0.12%, and a year-on-year increase of 43.87%. The prices of upstream coal and liquefied natural gas rose slightly, and the cost support was good. From the perspective of demand: agricultural demand is weakened, industrial demand is general, and downstream customers have a strong wait-and-see attitude towards high price urea. From the perspective of supply: there are many urea maintenance manufacturers and the supply is reduced. The policy of ensuring supply and price stability remains unchanged.

In the future, it is expected that the ex factory price of urea in Shandong may fluctuate slightly, and the average price quoted by manufacturers is about 3200 yuan / ton.

According to the data monitoring of business society, the polyacrylamide commodity index on May 13 was 96.71, the same as yesterday, down 13.27% from the highest point 111.51 in the cycle (2021-11-03), and up 16.67% from the lowest point 82.89 on August 2, 2020. (Note: the period refers to the period from April 1, 2019 to now)

Commodity market: according to the data monitoring of business society, this week (may 9-13), the mainstream quotation of polyacrylamide (CPAM, cation, molecular weight of 12 million, 10-30 ionic degree) in China’s domestic market is relatively stable, and the mainstream quotation is about 15828.57 yuan / ton. The production of the enterprise is relatively normal and the market inventory is sufficient; The downstream demand is general, partially affected by transportation capacity and cost, and the enterprise has great shipping pressure.

Industrial chain: according to the data of business agency, the market of upstream raw material acrylonitrile weakened slightly in the week from May 9 to 13. It was mainly reported at about 11580 yuan / ton at the beginning of the week and lowered to 11540 yuan / ton at the end of the week; The market price of acrylic acid, the raw material, rose this week: on the 13th, the average quotation price of acrylic acid in East China was 14800.00 yuan / ton, up 1.14% compared with the price on the 9th (Monday), up 8.29% month on month, and down 5.93% year-on-year in a three-month cycle. The quotation of raw acrylic acid was stable, the cost support was ok, the supply side was tight, the downstream inquiry was positive, the demand side was good, and the supply and demand were supported, It is expected that the acrylic acid market may rise in the short term, and more attention should be paid to the guidance of market news.

Liquefied natural gas is used in the production process. According to the data monitoring of the business agency, the domestic LNG market fell slightly in the week from May 9 to 13. The main report was 7248 yuan / ton at the beginning of the week and 6936 yuan / ton at the end of the week. At present, the market supply is abundant, the demand in the off-season is weakened, and the receiving capacity of downstream users is general. Although the feed gas price rises, led by the market bad, the liquid price in many places in China is reduced, and the actual transaction is mainly negotiation. It is expected that the domestic LNG market will be stable, medium and down in the short term.

Future forecast: under the influence of the current economic situation and public health events, the delivery and transportation are still blocked, the demand slows down, the raw material cost is slightly adjusted this week, and the spot inventory in the market is sufficient. It is expected that the polyacrylamide market will remain stable in the future, supplemented by small adjustment.