Trade name: formic acid

Latest price (March 21): 5266.67 yuan / ton

On March 21, the market price of industrial grade 85% formic acid rose, up 6.76% compared with the previous trading day and 14.08% compared with the price on February 21. At present, the price of main raw material methanol is rising, the cost support is improved, the supply and demand support is strong, the market trading atmosphere is active, and the market is rising.

It is expected that in the short term, the formic acid market may be dominated by strong operation.

The price of aluminum fluoride fluctuated and fell this week

According to the data of business agency, the price of aluminum fluoride fluctuated and fell this week. As of March 18, the average price of domestic aluminum fluoride was 10875 yuan / ton, down 1.81% from 11075 yuan / ton on March 11 last week; Aluminum fluoride market fell weakly this week.

The price of raw materials fluctuated and fell

According to the monitoring of business society, the price of fluorite fell sharply in March and fell slightly this week; The price of hydrofluoric acid fell slightly in March. The price of raw materials fluorite and hydrofluoric acid fluctuated and fell, the cost of aluminum fluoride decreased, and the downward pressure of aluminum fluoride increased.

The price of electrolytic aluminum fell due to shock

According to the monitoring of business society, the price of electrolytic aluminum fell in March and rebounded slightly this week. The aluminum price fluctuated and adjusted this week, the start of electrolytic aluminum manufacturers was stable, the demand for aluminum fluoride was temporarily stable, the downstream market was weak and stable, and the rising power of aluminum fluoride was weak.

Market overview and forecast

The aluminum fluoride industry analyst of business society believes that this week, the price of hydrofluoric acid was adjusted weakly, the price of fluorite fell, the cost of aluminum fluoride decreased weakly, the demand for aluminum fluoride weakened, the start of aluminum fluoride manufacturers rose, and the supply of aluminum fluoride was sufficient. In the future, the cost fell weakly, the supply and demand were sufficient, the downward pressure of aluminum fluoride increased, and the upward momentum remained. In the future, the price of aluminum fluoride decreased weakly.

1、 Price trend

Latest price (March 17): 8920 yuan / ton

Analysis of key trading points: up 11.0% year-on-year. Analysis: PVC rose 2.17% on the 17th, and the spot rose with the market, but the range was small, and the market rose and fell. The price rise of raw materials and the good superposition of exports support the rise of PVC market. However, public health events affect the start-up status of enterprises in some areas, as well as limited logistics, negative purchasing sentiment in the downstream and general market trading atmosphere. It is expected that the PVC market will be adjusted in a narrow range in the short term.

Trade name: PC

Latest price (March 16): 23000.00 yuan / ton

Key points of analysis: after the rise of the domestic PC market, the market’s concern about the stability of the petrochemical supply chain caused by the conflict between Russia and Ukraine has intensified. At present, it has eased, the uncertainty of the situation has increased, the crude oil has fallen, and the remote support of PC has weakened. In terms of supply, some enterprises have maintenance plans, and the benefits on the supply side still exist. At present, due to the rebound of domestic health events, the transportation situation and the production of downstream enterprises are affected, the demand progress is shrinking, and the operators are mostly bearish in the future.

Future forecast: it is expected that the PC market may be weak in the short term.

Trade name: acetic acid

Latest price (March 15): 5000 yuan / ton

Key points of analysis: today’s acetic acid price market continues to operate strongly, and the average market price in East China increased by 0.20% in a single day. Last week, the market price of acetic acid in various regions increased too fast. The downstream mainly digested the increase, and had a mentality of resistance to the high price supply. The rationality of entering the market just needs to be followed up, and the market is dominated by negotiation.

Future forecast: the short-term acetic acid market is in a stalemate, sorting and operation, and pay specific attention to the downstream purchase.