1、 Price trend

According to the data of business agency, the domestic market price of maleic anhydride first rose and then fell in late April. As of April 29, the average price of phenylhydrogenation maleic anhydride remained at 11500.00 yuan / ton, up 2.07% from the average price of 11266.67 yuan / ton on April 15 and down 5.48% from the same period last month.

On April 29, the maleic anhydride commodity index was 108.33, the same as yesterday, 34.91% lower than the highest point of 166.43 in the cycle (2021-12-15), and 111.66% higher than 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

Recently, the domestic benzene maleic anhydride market has declined. In the near future, the downstream unsaturated resin market has been basically stable, dominated by rigid demand. As of the 29th, the solid anhydride in Shandong was about 10500 yuan / ton, that in Jiangsu was about 10500 yuan / ton, that in Shanxi was about 10500 yuan / ton, that in Hebei was about 10500 yuan / ton, and that in South China was about 11000 yuan / ton.

Upstream, pure benzene rose in shock this week. The average price of pure benzene was 8380 yuan / ton on April 15 and 8590 yuan / ton on April 29, up 210 yuan / ton, or 2.51%. At present, pure benzene is obviously affected by the fluctuation of crude oil trend, some downstream purchase intentions have rebounded to a certain extent, and the demand support is obvious. Superimposed on the pre holiday replenishment demand, the price of pure benzene has risen recently. The ex factory price of hydrogenated benzene in North China rose this week. The average price of hydrogenated benzene was 8387.5 yuan / ton on April 15 and 8550 yuan / ton on April 29, an increase of 1.94%. In terms of n-butane, the price in Shandong was 6600 yuan / ton as of April 29.

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. Affected by the domestic epidemic, transportation is limited, and the atmosphere of goods preparation in the downstream before the festival is light. In May, the maleic anhydride shutdown units were restored one after another, and the supply increased. It is expected that the maleic anhydride market will be mainly sorted out in the near future.

In April, DBP prices fluctuated and fell

According to the data monitoring of business agency, the price of DBP fluctuated and fell in April, and the overall DBP market weakened. As of April 30, the price of DBP was 10050 yuan / ton, down 6.94% from 10800 yuan / ton on April 1 at the beginning of the month. In April, the price of DBP fell and the plasticizer Market weakened.

In April, the price of n-butanol fluctuated and fell

According to the price monitoring of business society, the price of n-butanol fell in April, and the market of n-butanol fell. On April 30, the price of n-butanol was 9166.67 yuan / ton, down 4.18% from 9566.67 yuan / ton on April 1 at the beginning of the month. In April, the price of n-butanol in Shandong fell violently, the cost of DBP decreased, and the downward pressure of DBP increased.

The price of phthalic anhydride continued to fall in April

According to the price monitoring of business society, the market of phthalic anhydride continued to decline in April, and the price of phthalic anhydride fluctuated and fell. As of April 30, the price of phthalic anhydride was 8137.50 yuan / ton, down 6.87% from 8737.50 yuan / ton on April 1. In April, the price of phthalic anhydride continued to decline in March, the operation of downstream plasticizer manufacturers was low, the demand for phthalic anhydride was insufficient, and the price of phthalic anhydride fell. The cost of DBP raw materials decreased, the cost support of DBP weakened, and the downward pressure of DBP increased.

Future expectations

According to the DBP data analyst of business agency, the plasticizer industry chain started to operate at a low level in April, the supply and demand of plasticizer market were weak, the epidemic control was strengthened, the downstream construction continued to decline, and the demand for plasticizer decreased by nearly half. In terms of raw materials, the price of n-butanol fluctuated and fell, the price of phthalic anhydride continued to decline, the price of raw materials fell, the cost of plasticizer DBP fell, and the price of DBP fell. Generally speaking, the supply and demand of DBP industrial chain are both weak, the cost of DBP is reduced, the demand is low, the downward pressure of DBP is increased, and the price of DBP is expected to fluctuate and fall in the future. However, after May Day, the replenishment of downstream customers increased, and the DBP price may rise briefly.

Latest price (April 28): 10680 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on April 28, the market price of phosphoric acid was 10680 yuan / ton, unchanged from the previous day, with a year-on-year increase of 103.43%. Near the holiday, the price of raw material yellow phosphorus was temporarily stable, the phosphoric acid Market was stable, the main orders were issued, there were few transactions before the festival, and the logistics in some areas was still limited. At present, the price of phosphoric acid is about 11500-36000 yuan / ton, and the price of phosphoric acid is about 10300-36000 yuan / ton.

The phosphoric acid market is expected to operate stably in the short term.

According to the data monitoring of business agency, the average price of propane in Shandong market was 6588.25 yuan / ton on April 26 and 6475.75 yuan / ton on April 27, with a single day decline of 1.71%, down 3.32% compared with April 1.

On the 27th, the domestic propane market fell as a whole, and the propane Market in Shandong fell significantly, with a range of 50-150 yuan / ton. Although the rebound in international crude oil prices has brought a certain boost to the market, the overall supply of the market is sufficient, the terminal demand is weak, the situation is difficult to change, and the trading atmosphere of the market is limited. It is expected that the price of propane market may decline in a narrow range in the short term.

Trade name: ammonium sulfate

Latest price: 1813 yuan / ton

Key points of analysis: the price of ammonium sulfate rose on April 26, up 0.55% compared with the previous trading day. Today, the market of ammonium sulfate rose slightly, the transactions on the floor were good, and some enterprises increased their prices slightly. Downstream on-demand procurement and fair delivery. The bidding price of coking grade ammonium sulfate is temporarily stable, and the internal grade ammonium sulfate fluctuates slightly. At present, there is no positive demand at home and abroad, and the trend is mainly volatile in the short term. Today, the factory quotation of Hexin grade ammonium sulfate in Shandong is 1800-1940 yuan / ton.

Future forecast: the price of ammonium sulfate will fluctuate in the short term.