March chemical products will maintain high operating status

The chemical boom cycle seems to have really come. "February's petrochemical market ups and downs" shows that in February rose more than 70% of products, fluorspar powder, sulfuric acid, hydrofluoric acid, chloroform rose by the top four, or more than 15%. The number of products that fell was 7 and the largest drop in caustic soda was 10.17%.

The list shows that the price of fluorite went up all the way last month, and the mainstream quoted price rose to 2,250 yuan/ton, an increase of 21%. The highest quotation was found in southern China at 2,400 yuan/ton, and the lowest quotation was in 2000 yuan/ton in Inner Mongolia. It is understood that the rise in the price of fluorite is mainly affected by the strong market demand for downstream hydrofluoric acid and fluoride salts. In addition, some mines in Inner Mongolia failed to start properly, and the country’s tightening supervision over fluorite mining also supported the rise in fluorite prices.

Driven by the rising prices of upstream fluorite, the market price of hydrofluoric acid also continued to rise last month. After the Spring Festival, with the active trading, the price of hydrofluoric acid began to rise, and the mainstream quoted price was raised to RMB 11,500/ton, an increase of 15%. The highest quotation appears in South China at 13,000 yuan/ton, and the lowest quotation appears in Gansu region at 10,000 yuan/ton.

On the other hand, aluminum fluoride manufacturers also raised market prices last month, but they were mainly forced by cost pressures. Among them, the dry aluminum fluoride market in Henan province was once as high as 9,500 yuan/ton, but the market is holding a wait-and-see attitude toward high-priced aluminum fluoride prices.

Last month, the sulfuric acid market continued to rise. Most manufacturers continued to adjust prices. Until the end of the month, the mainstream price of 98% sulfuric acid in East China was around 680 yuan/ton, which was 17.24% higher than that at the beginning of the month. At present, the sulphuric acid market conditions are stable, and the plant installations are operating normally, but the sales are generally in line. The main reason is that the downstream fertilizer market has no obvious upward trend, and the demand for sulphuric acid has not yet been fully opened.

It is worth noting that the caustic soda market fell sharply in February, from the beginning of the month 650 yuan / ton to 590 yuan / ton, the decline rate of 10.17%, mainly due to the downstream companies weak support for the current price of caustic soda, resulting in the market transaction price appears Decline.

Also falling prices are soda ash. At the end of February, the domestic market prices of light alkali and heavy alkali were at 1,700 yuan/ton and 1,950 yuan/ton, which were 2.85% and 7.14% lower than the prices at the beginning of the month of 1,750 yuan/ton and 2,100 yuan/ton respectively.

“After the start of the Spring Festival, major production companies started to reduce, but after the year, the downstream demand is better, and the market supply is now tight. During this period, crude oil and other raw material prices rose sharply, and the price trend of the products also has a certain conduction, plus the upstream and downstream of the industrial chain. The mutual pull, which led to the overall chemical market in February rose more or less the situation." Analyst Li Ye said. He expects that various chemical products will remain high in March.