The Ammonium Nitrate Commodity Index of May 22 was 103.51, the same as yesterday, down 12.59% from 118.42 at the highest point in the cycle (2019-01-15), up 33.79% from the lowest 77.37 point on October 31, 2016.

(Note: cycle refers to 2013-02-01 to date). Recently, domestic ammonium nitrate market price trend is stable, affected by environmental control, domestic ammonium nitrate plant shutdown more, domestic ammonium nitrate device driving less, but recently with the warmer weather, the northern gas limit effect disappeared, coupled with the domestic downstream civil explosion industry all shut down, domestic ammonium nitrate manufacturers inventory more, the price trend in the field decline.

As of 23rd domestic ammonium nitrate market price negotiations in 1900-2050 yuan/ton, affected by environmental protection, so now many areas of manufacturers are forced to production restrictions or cut off maintenance for environmental inspection, the field ammonium nitrate price trend temporarily stable. Recent domestic nitric acid price trend temporarily stable, as of 23rd market price of 1633.33 yuan/ton, nitric acid price trend rise for ammonium nitrate market to bring a certain positive impact, ammonium nitrate price trend is stable; upstream raw material liquid ammonia price trend decline, as of 23rd northern region manufacturers offer to maintain at 3000-3500 yuan/ Ton interval, Northwest Territories quoted in 2800-3000 Yuan/ton up and down, upstream raw material price trend decline for the ammonium nitrate market to bring a certain negative impact, nitrate market price trend temporarily stable. Recently downstream civil explosion industry peak season, for the ammonium nitrate market demand weakened, ammonium nitrate manufacturers inventory increased, but the liquid ammonia market is also rising trend, ammonium nitrate market due to bad market low shock. Business Society ammonium nitrate analysts believe that the recent upstream raw material market price to maintain a shock, but downstream demand is not good, expected late ammonium nitrate market price or maintain low shock.

Domestic potassium sulfate market to maintain a stable situation, manufacturers of foreign quotes still continue the early price, green seawater salt system potassium sulfate factory production normal, traders price has not been adjusted, 50% powder to the station price in 2550-2580 yuan/ton, the goods relatively stable, temporary fluctuations.

Potassium sulfate domestic market steady promotion. Leading enterprises in the country of potassium Roche summer maintenance parking, planning and maintenance of 3 months long, reduce the domestic supply surface.

Refer to Loppo 52 powder spot to the station quotation 3150 yuan/ton, distribution traders preferential policies enjoy, the market mainstream out of the bank price of 2800 yuan/ton or so. Mannheim potassium sulfate aspect, Northwest Ning Enterprise 50 powder mainstream factory quotation 2800 yuan/ton, Northwest Water production Salt 50 powder outbound to the station quotation 2550-2580 yuan/ton, the actual offer is the negotiation prevail.

May 20 The Phenylanhydride Commodity index was 61.15, down 0.1 points from yesterday, down 49.1% from 120.13 at the highest point in the cycle (2012-02-28), up 48.42 from its lowest point of 26.29% on January 21, 2016.

(Note: cycle refers to 2011-09-01 to date). Recently, the domestic phenylanhydride market price trend to maintain low, east China phenylanhydride Phenylanhydride Market to maintain a weak, downstream plant maintenance just need to purchase, factory inventory pressure continued, high-end transactions blocked, the field adjacent to the source of supply negotiations in the mainstream in 6200-6300 yuan/ton, naphthalene method source talks mainstream in 5900 yuan/ton

, North China Phenylanhydride market mainstream quotation in 6200-6300 yuan/ton, the market weak shock mainly, the price of each enterprise small decline, downstream construction is not high, on-demand procurement mainly, the wait-and-see mentality is thicker, the domestic phenylanhydride device operation is stable, the field phenylanhydride spot supply is normal, the goods market is not good, phenylanhydride price trend Yin fell. Recently, the upstream of Phenylanhydride products phthalic Sinopec implementation price of 6400 yuan/ton, the current market price of 6400 yuan/ton, the quotation decline, the port goods market in general. Upstream raw materials mixed xylene price shock stability, adjacent benzene volume in general, port phthalic inventory low, adjacent benzene foreign disk quotation stability, import of phthalates cost shock, the actual transaction price of the real order, the upstream price trend decline, phenylanhydride market price to maintain a weak. Downstream DOP prices are lower, DOP downstream demand in general, customer procurement enthusiasm is not good, DOP market mainstream transaction price of 7650 yuan/ton or so, after the fall pressure of DOP still exist, downstream prices slightly lower, for upstream phenylanhydride demand is limited, phenylanhydride market price slightly lower, The expected late-stage phenylanhydride market price may be around 6200 yuan/ton.

The Ammonium Nitrate Commodity Index of May 19 was 103.51, an increase of 0.88 points over yesterday, a decrease of 12.59% from the highest point in the cycle of 118.42 (2019-01-15) and a 77.37 increase from the lowest 33.79% point of October 31, 2016.

(Note: cycle refers to 2013-02-01 to date). Recently, domestic ammonium nitrate market price trend is stable, affected by environmental control, domestic ammonium nitrate plant shutdown more, domestic ammonium nitrate device driving less, but recently with the warmer weather, the northern gas limit effect disappeared, coupled with the domestic downstream civil explosion industry all shut down, domestic ammonium nitrate manufacturers inventory more, the price trend in the field decline.

As of 20th domestic ammonium nitrate market price negotiations in 1900-2050 yuan/ton, affected by environmental protection, so now many areas of manufacturers are forced to production restrictions or cut off maintenance for environmental inspection, the field ammonium nitrate price trend temporarily stable. Recent domestic nitric acid price trend temporarily stable, as of 20th market price of 1633.33 yuan/ton, nitric acid price trend rise for ammonium nitrate market to bring a certain positive impact, ammonium nitrate price trend stability; Upstream raw material liquid ammonia price trend is stable, as of 20th liquid ammonia market price of 3453.33 yuan/ton, Upstream raw material price trend shock for ammonium nitrate market to bring a certain cost support, ammonium nitrate price trend is stable. Recently downstream civil explosion industry peak season, for the ammonium nitrate market demand weakened, ammonium nitrate manufacturers inventory increased, but the liquid ammonia market is also rising trend, ammonium nitrate market due to bad market low shock. Business Society ammonium nitrate analysts believe that the recent upstream raw material market price to maintain a shock, but downstream demand is not good, expected late ammonium nitrate market price or maintain low shock.

Price Trend

According to data from business associations, acrylic acid market remained stable this week, with an offer price of 8166.67 yuan/ton at the beginning of the week and 8166.67 yuan/ton at the end of the week, up or down by 0%.

II. Market Analysis

Product: Acrylic acid market price is in the bottoming stage this week. Spot prices remain stable for the time being. Terminal purchasing has been restored. Source sales are general. At present, the mainstream price in the primary market of propionic acid ranges from 7800 to 8300 yuan/ton, and there is limited room for negotiation. As of Friday, the price of acrylic acid at Wanzhou Petrochemical Company was stable. Propionic acid 8300 yuan/ton, stable price, factual; Qilu Kaitai acrylic acid price slightly reduced. The price of acrylic acid in Wanhua Chemical Petrochemical Company has remained stable, and the main contract for supply and customers have been stabilized. At present, the price of acrylic acid is 8,100 yuan per ton.

Industry chain: Recently, the domestic propylene (Shandong) price has been rising continuously, but the range is small. At present, the main market turnover is about 6950-7150 yuan/ton. This week I heard that the maintenance plan of a dehydrogenation plant in North China and Shandong Province has been postponed, so the supply of the dehydrogenation plant is abundant.

3. Future Market Forecast

Acrylic acid analysts believe that the domestic acrylic market is temporarily stable, raw materials are rising and falling, production capacity is gradually restored, terminal demand is general, prices remain stable, the acrylic acid market is expected to shift in the short term, trading price fluctuations between small areas.