Category Archives: Uncategorized

On June 13, the price trend of China’s domestic phthalic anhydride market rose

According to the monitoring of the business club, the domestic market price of phthalic anhydride rose. As of the 13th, the quotation of phthalic anhydride was 8650 yuan / ton. The spot supply in the market was normal, and the sales were OK.

 

The domestic market price of phthalic anhydride is rising, and the delivery of phthalic anhydride in the market is general. Recently, the downstream demand has not changed much, the upstream adjacent benzene price has risen sharply, the plasticizer market is temporarily stable, the spot supply of phthalic anhydride in the market is normal, and the market price of phthalic anhydride is higher due to the support of raw materials. The operation of domestic phthalic anhydride manufacturers has not changed much. The operating rate of phthalic anhydride in the market is less than 60%. The domestic spot supply of phthalic anhydride is normal, and the market price is mainly higher. The downstream plasticizer industry market is maintained, and the actual transaction is normal. The market price of phthalic anhydride in East China has risen, and the high-end transactions on the floor are limited. In East China, the mainstream of the adjacent method source negotiation is 8600-8800 yuan / ton, and the mainstream of the naphthalene method source negotiation is 8400-8500 yuan / ton; The mainstream quotation of phthalic anhydride market in North China is 8600-8700 yuan / ton. The wait-and-see mentality in the phthalic anhydride market still exists, and the downstream purchase is mainly on demand. Recently, the adjacent benzene market has risen sharply, and it is expected that the market price of phthalic anhydride will rise slightly in the later period.

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Demand was flat, and the price of chlorinated paraffin fell (6.6-6.10)

1、 Price trend

 

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According to the monitoring data of business agency, the average ex factory price of domestic chlorinated paraffin 52 was 6566 yuan / ton on June 6, and 6500 yuan / ton on June 10. The price of chlorinated paraffin 52 fell by 1.02% this week.

 

2、 Market analysis

 

The price of chlorinated paraffin 52 fell slightly this week. There are price differences among regions, and the operating rate of enterprises is not high. The raw material market is stable and the cost support is acceptable. The downstream demand is flat, and the supply and demand of chlorinated paraffin are weak. As of June 10, the ex factory quotation of chlorinated paraffin 52 in Anhui was about 6800 yuan / ton, that in Northeast was about 6500 yuan / ton, and that in Shandong was about 6200 yuan / ton.

 

In terms of raw liquid wax, the price of liquid wax rose steadily this week. Due to the good trend of crude oil market, the liquid wax market is better. Floor trading is smooth and the industry is optimistic. The price of liquid chlorine was lowered this week, and some enterprises suspended quotation. Downstream demand decreases, and new orders are limited.

 

3、 Aftermarket forecast

 

According to the chlorinated paraffin analyst of the business community, the overall market of chlorinated paraffin is dominated by weak operation. The raw materials fluctuated slightly and the overall market was stable. The supply side and the demand side are weak, and the exchange trading atmosphere is cold. It is expected that the price of chlorinated paraffin will be weak and stable in the short term.

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Potassium nitrate market rose this week (6.6-6.9)

According to the data monitored by the business agency, the quotation of Shanxi industrial grade first-class potassium nitrate at the beginning of the week was 7587.50 yuan / ton, and the quotation of Shanxi industrial grade first-class potassium nitrate at the end of the week was 7737.50 yuan / ton, an increase of 0.66%, and the price increased by 66.76% year-on-year.

 

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potassium nitrate

 

The domestic potassium nitrate market rose slightly this week. It can be seen from the above figure that the recent potassium nitrate Market has risen for three weeks, and the market continues to rise this week. The quantity of imported potassium by sea this week was not sufficient, and the replenishment of imported potassium chloride at the port was relatively limited. The shortage of raw materials drives the market of potassium carbonate to rise. According to the statistics of the business agency, the quotation of the mainstream domestic potassium nitrate manufacturers this week is 7500-7900 yuan / ton (the quotation is only for reference), and the quotation varies according to different procurement conditions.

 

Recently, the domestic market price of imported potassium chloride has risen slightly. The potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operates normally. The ex factory price is about 4480 yuan / ton, the quotation is temporarily stable, and the actual transaction price is mainly negotiated. Recently, the international market price of potassium chloride has been strong and rising, while the domestic spot market is in short supply, and the domestic inventory is relatively low. The supply exceeds the demand. The price of potassium chloride has risen slightly. It is expected that the potassium chloride market will be consolidated at a high level in the future.

 

Recently, there is a shortage of potash fertilizer in China. The supply of potassium chloride imported from the port is relatively limited, and the cost support is strong. It is expected that the price of potassium nitrate will mainly rise in the short term, and the long-term market still needs to wait and see. (the above prices are provided by the main potassium nitrate manufacturers all over the country and sorted out and analyzed by the potassium carbonate analyst of the business society. They are for reference only. Please contact the relevant manufacturers for more price details).

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Ethylene oxide daily review (June 8, 2022)

Ethylene oxide is reduced by 350 yuan / ton today. At present, the ex factory price of mainstream East China is 7350 yuan / ton.

 

The overall decline of the upstream outer disc ethylene remained unabated and continued to reach the bottom. The domestic ethylene price fluctuated. At present, the latest Northeast Asia ethylene outer disc price is $1030 / ton, Southeast Asia ethylene outer disc price is $1150 / ton, and Jinshan Lianmao ethylene today quoted 8450 yuan / ton, unchanged from the previous trading day. At present, the price of imported ethylene is almost the same as that of domestic ethylene. If the price of external ethylene continues to decline, the space for import arbitrage will be gradually opened. Based on the current external price and the adjusted EO price today, the current loss of ethylene oxide is about 350 yuan / ton. The downstream monomer negotiation atmosphere was light, the commencement remained low and fluctuated in a narrow range, the manufacturer returned to the wait-and-see mood, and the quotation was delayed.

 

Forecast: there is no hope of substantial improvement in terminal and supply. The probability of maintaining ethylene oxide platform in the near future depends on the fluctuation of ethylene price.

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Pessimistic expectation, weak silicon price dominates the market (5.23-5.30)

441# silicon price trend

 

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The price of metallic silicon continued to fall under pressure. As of May 30, according to the price monitoring of the business agency, the average price of metallic silicon in the domestic market was 76550 yuan / ton, down 8.51% on a weekly basis. The price of raw materials is lower, the output is expected to increase, the price of metallic silicon is gradually decreasing under the bad conditions of all parties, the bargaining space is shrinking, and the upstream and downstream are mainly on the sidelines of the silicon market.

 

On the 30th, the prices of 441\\silicon in various regions are as follows:

 

The price range of \441 metallic silicon in Huangpu port area is 17600-17800 yuan / ton, with an average price of 17700 yuan / ton; The price range of \441 metallic silicon in Tianjin port is 17500-17700 yuan / ton, with an average price of 17600 yuan / ton; The price range of \441 metallic silicon in Kunming is 17300-17500 yuan / ton, with an average of 17400 yuan / ton; The price range of \441 metallic silicon in Sichuan is 17100-17300 yuan / ton, with an average of 17200 yuan / ton; The price range of Shanghai \441 metallic silicon is 18200-18500 yuan / ton, with an average price of 18350 yuan / ton.

 

Influencing factors of metal silicon price fluctuation

Factory aspect

With the exception of Southwest China, the cost of silicon plants has become unprofitable, the cost of raw petroleum coke and electrode is high, and some factories plan to stop production; Sichuan and Yunnan are about to usher in the wet season. The electricity price in Sichuan has been 0.36 yuan / kWh, a decrease of 0.15 yuan / kWh compared with the beginning of the month. The electricity cost has decreased. It is expected that some enterprises will resume production in June, resulting in an increase in supply. Most buyers and sellers are bearish.

 

Demand side

 

The resumption of production and new production capacity of downstream aluminum alloy and organic silicon enterprises did not meet the expectations. The operating rate of aluminum alloy was the same as that of last week, and the operating rate of leading enterprises was still 60%. At present, we only expect the downstream polysilicon projects to be put into operation one after another to bring good consumption side. The negative demand side has led to the current situation that metal silicon manufacturers sell goods at low prices to promote transactions.

 

Aftermarket forecast

 

Downstream consumption has not improved significantly, raw material electrode and petroleum coke have a limited decline, and the profits of silicon metal plant have been seriously compressed. Some silicon plants said that they would shut down the furnace and reduce production after the inventory in the plant was consumed. In addition, with the arrival of the wet season in Southwest China in June, the output and supply increased significantly. The market is expected to see supply exceeding demand, and the downstream pressure on manufacturers is becoming more serious. It is expected that the price of metal silicon will continue to decline before the Dragon Boat Festival.

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