Category Archives: Uncategorized

The price of chlorinated paraffin remained stable on April 21

Trade name: chlorinated paraffin

 

Latest price: 6737 yuan / ton

 

Key points of analysis: the price of chlorinated paraffin 52 was stable on April 21, which was flat compared with the previous trading day. Today, the price of raw liquid wax increased, the transportation of raw liquid chlorine improved slightly, and the price operated stably. At present, the downstream demand of chlorinated paraffin is insufficient to follow up, and the enterprise starts at a low level. Today, the ex factory quotation of chlorinated paraffin 52 in Shandong is about 6200 yuan / ton, that in Northeast China is about 6700 yuan / ton, that in Anhui is about 7000 yuan / ton, and that in Shaanxi is about 6800 yuan / ton.

 

Future forecast: the price of chlorinated paraffin is expected to run smoothly in the short term.

PVA

On April 20, the price of acetic acid continued to decline

Trade name: acetic acid

 

Latest price (April 20): 4810 yuan / ton

 

Key points of analysis: today’s acetic acid market is weak and downward. The average market price in East China has been reduced by 2.63% compared with the previous working day, and the acetic acid price in Shandong has been reduced by 100 yuan / ton. The market trading atmosphere is light, the logistics and transportation are blocked, the freight charges rise, the downstream purchase intention is general, and the on-site supply has accumulated. In order to maintain the quotation of shipping enterprises, the quotation continues to be reduced.

 

Future forecast: the short-term acetic acid market is weak, and the specific attention is paid to the market supply.

PVA

On April 19, the price of TDI in East China decreased slightly

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.

PVA

On April 18, the price of sulfur rose

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.

PVA

Supply shortage concerns continued, and zinc prices hit a record high this week

Zinc prices hit a record high this week

 

PVA 1788 (PVA BP17)

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

 

PVA

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.

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