In March, the elastomer polyether market showed an upward trend of shock. By the end of 29 days, the main negotiation of North China elastomer (bulk water leaving factory) had reached 10950-11150 tons, up 0 64% on a month on month basis, down 6 41% on a year-on-year basis; the main negotiation of East China market (secondary barrel delivery) had reached 11500-11900 tons, up 1 36% on a month on month basis, down 7 24% on a year-on-year basis.

In March, the downstream of the elastomer polyether recovered gradually. With the warm weather, the weather conditions for construction were basically met. The demand for waterproof, adhesive, sealant, plastic runway and so on gradually emerged. The increase of demand led to the rise of price. In addition, after digestion in March, the inventory pressure of polyether factory gradually returns to normal. On the other hand, the price of raw material cyclopropane in March is also rising slowly, which brings certain support to the cost of elastomer polyether.

Looking back at the elastomer polyether market in March, there are several events that we have to pay attention to:

First, at the end of February and the beginning of March, due to the shortage of spot supply of imported elastomer polyether, the price of the elastomer polyether market in East China soared to 12200 yuan / ton. However, due to the lack of recovery in demand at the beginning of the month, only a few transactions of such high price elastomer polyether were made.

Second, in the middle and last ten days of March, the price of bulk water sent to East China in a polyether factory in the North Coast dropped to 10900 yuan / ton due to the high inventory, while the price of imported elastomer polyether was suspended due to the centralized arrival in Hong Kong, and the situation of spot shortage was temporarily suspended, and it was cleaned and consolidated in March to prepare storage tanks for the subsequent arrival of polyether, the imported elastomer polyether was sold at a low price, and the imported elastomer (bulk water sent to) The price has fallen to 11000 yuan / ton. Down the right amount of short positions, slightly improved transactions.

Third, in late March, affected by the reduction of tax point, speculative demand gradually revealed, delivery speed of elastomer polyether was significantly accelerated, and some polyether factories made large volume transactions, which slightly improved.

Looking forward to April, the elastomer polyether will continue to grow on the demand side; the supply side will not fluctuate too much, and the normal supply of imported and domestic goods can guarantee the demand; on the raw material cyclopropane, the port Po inventory is high and difficult to eliminate, and in April, Jishen, Jinpu plant or others may resume production, Po supply will increase, but because the current cyclopropane plant inventory is not high, it is expected that the raw material cyclopropane In April, the price of the elastomer polyether increased slightly, and then narrowed. In the second ten days of the month, the price of the elastomer polyether did not exclude the possibility of falling. The shipment volume of the elastomer polyether continued to improve compared with that of this month.