Trade name: TDI

Latest price (April 19): 18375 yuan / ton

Key points of analysis: the average price of TDI market in East China today decreased by 0.41% compared with the previous working day, and the market is weak. The logistics transportation is blocked, the on-site freight increases, the export orders of terminal products are general, the downstream demand purchase is limited, the market trading is weak, and the TDI quotation is weak and reduced. At present, the quotation range of dealers in East China is about 17400-17800 yuan / ton for domestic goods and about 18000-18500 yuan / ton for Shanghai goods.

Future forecast: the TDI market is weak in the later stage, and the specific attention shall be paid to the market supply and downstream follow-up.

Trade name: sulfur

Latest price (April 18): 3600 yuan / ton

Key points of analysis: according to the price monitoring of business society, the average price of sulfur in East China today increased by 1.60% compared with yesterday. The inventory of domestic refineries is low, the inventory of manufacturers is not under pressure, the downstream sulfuric acid market continues to rise, which is good for sulfur support, the supply of goods in the port is tight, the price market runs at a high level, the quotation of domestic refineries continues to be strong, the consolidation and operation of ammonium phosphate Market is the main aspect, the demand for fertilizer gradually weakens in spring, and the downstream purchases on demand, Individual enterprises adjusted the quotation according to their own shipment, and the sulfur price of refineries in Shandong increased by 50-70 yuan / ton.

Aftermarket forecast: the short-term sulfur market is relatively strong, so we should pay more attention to the downstream follow-up.

Zinc prices hit a record high this week

According to the data monitoring of business society, the zinc market rose this week. As of April 15, the price of zinc was 28070 yuan / ton, up 4.10% from 26964 yuan / ton on April 8 last weekend. On April 14, the domestic spot zinc price was 28372 yuan / ton. On April 14, the zinc commodity index was 162.07, an increase of 0.72 points over yesterday, a record high in the cycle, and an increase of 124.23% over the lowest point of 72.28 on November 22, 2015. (Note: the period refers to the period from September 1, 2011 to now). This week, the zinc market rose strongly, and the zinc price hit a cycle record high.

Zinc ingot inventory in LME market continued to decline sharply

From the zinc ingot inventory data of LME market, it can be seen that the zinc ingot inventory in LME market has continued to decline significantly since April, the number of registered warehouse receipts has continued to decline, and the number of cancelled warehouse receipts has increased sharply and remained high. The supply of zinc in the city decreased, and the driving force for the rise of zinc price increased. The number of registered warehouse receipts continued to decline, the number of cancelled warehouse receipts rose sharply and was far greater than the number of registered warehouse receipts, and the supply of zinc in the future market was expected to decline significantly. The decline in the number of registered warehouse receipts this week has slowed down compared with last week, the number of registered warehouse receipts is relatively stable, the number of cancelled warehouse receipts this week has decreased slightly, the future supply of zinc market is expected to stabilize, and the room for zinc price rise is limited.

The energy crisis continues to affect the supply of zinc in the city

The conflict between Russia and Ukraine continues to ferment, the prices of energy such as European natural gas soar, and the cost of zinc smelting rises, which affects the supply of zinc city. The production of zinc smelting manufacturers continues to be reduced, the future supply of zinc city is expected to be reduced, and the rising power of zinc city is increased. At the end of the heating season, European energy prices may fall, and the cost of zinc smelting in Europe has decreased, but the cost of zinc smelting is still at a high level, the expectation of reduced supply in the zinc market remains, the rising power of the zinc market is large, and the downward pressure remains.

Poor logistics and transportation impact the demand of zinc City

The continuous prevention and control in China, the poor logistics and transportation around the country have an impact on the normal operation of the industrial chain supply, affecting the production of local enterprises, the shutdown and production reduction of enterprises in the downstream automobile industry have increased, the construction of downstream enterprises in zinc city has decreased, the demand of zinc city has declined seriously, and the downward pressure of zinc city has increased.

Future forecast

Business analysts believe that: affected by the European energy crisis, European zinc smelters are expected to reduce production, the supply of zinc is expected to decline, and the price of zinc rises in response; However, the start-up of domestic zinc downstream enterprises has declined, and the fear of heights among zinc downstream customers is strong. The demand of zinc market has declined, and the downward pressure of zinc market still exists. Generally speaking, the supply and demand of zinc market in the future are both weak, and the zinc market is still bad. It is expected that the high zinc price will fluctuate and consolidate.

Trade name: caprolactam

Latest price: 13500 yuan / ton

Key points of analysis: the price of caprolactam was stable on April 14, which was flat compared with the previous trading day. Crude oil rose by more than 10% for two consecutive days, and the center of gravity of raw material pure benzene rose slightly. Today, the price of domestic pure benzene is 8250-8550 yuan / ton, and the cost of caprolactam is well supported. Recently, the supply of some caprolactam enterprises has decreased due to plant maintenance or planned maintenance. Caprolactam market is running well.

Future forecast: caprolactam is expected to rise steadily in the short term.

On April 13, the rare earth index was 786 points, down 15 points from yesterday, down 21.95% from 1007 points (2022-02-24), the highest point in the cycle, and up 190.04% from 271 points, the lowest point on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now)

The trend of domestic rare earth index fell sharply, the price of domestic light rare earth praseodymium neodymium series continued to fall, the price of praseodymium neodymium oxide fell by 35000 yuan / ton to 810000 yuan / ton, the price of praseodymium neodymium metal fell by 30000 yuan / ton to 1025000 yuan / ton, the price of praseodymium oxide fell by 10000 yuan / ton to 885000 yuan / ton, the price of neodymium oxide fell by 10000 yuan / ton to 895000 yuan / ton, and the price of metal praseodymium fell by 35000 yuan / ton to 1185000 yuan / ton, The price of neodymium metal fell by 20000 yuan / ton to 1095000 yuan / ton, dysprosium oxide fell by 20000 yuan / ton to 2455000 yuan / ton, dysprosium ferroalloy fell by 20000 yuan / ton to 2455000 yuan / ton, dysprosium metal fell by 80000 yuan / ton to 346500 yuan / ton, the price trend of domestic light rare earth market fell, the recent procurement was general, the price of dysprosium Series in domestic heavy rare earth market fell, the price of terbium series was temporarily stable, the downstream procurement was mainly on demand, and Myanmar banned export, It is expected that the domestic rare earth market price will fall in the later period.