Category Archives: News

Introduce The chemical products and Some LUBON Industry CO.,LTD. real-time news.

Ethylene oxide daily review (May 25, 2022)

Ethylene oxide remained stable, with the ex factory price of 8200 yuan / ton in East China, North China, South China and Northeast China and 8300 yuan / ton in Central China.

 

In terms of upstream ethylene, the external price of ethylene in Northeast Asia is US $1100 / ton, that in Southeast Asia is US $1150 / ton, that of Luxi Chemical ethylene is 8350 yuan / ton today, and that of Jinshan Lianmao ethylene is 8350 yuan / ton today. The ethylene market is weak, the RMB exchange rate is reduced, the cost support is limited, the profit space is repaired, and the overall load of ethylene oxide rebounds. Downstream demand picked up slightly, monomer offers were strong, manufacturers’ willingness to support the market was obvious, long-term recovery was still weak, and most traders shipped according to the market.

 

Prediction: the long short factor game is temporarily deadlocked, but if the ethylene price trend continues to weaken, the EO center of gravity may gradually move down.

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On May 24, the acetic acid market was sorted upward

Trade name: acetic acid

 

Latest price (May 24): 5140 yuan / ton

 

Key points of analysis: the market price trend of acetic acid rose slightly today, and the average market price in East China increased by 1.18% compared with the previous working day. The impact of the epidemic situation in Shanghai was weakened, the market trading was smooth, the enterprise inventory was not under pressure, the downstream market was mainly purchased on demand, and the market trading operated smoothly. The market learned that the 1 million ton acetic acid plant of Shandong Yankuang will be stopped for maintenance on the 25th, the market supply may be reduced, and the mentality of the field operators is optimistic, The quotation of acetic acid increased slightly.

 

Future forecast: the short-term acetic acid market will wait and see the consolidation and operation, and it may rise in the future. Pay attention to the market supply.

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On May 23, the acetic acid Market in East China was sorted out

Trade name: acetic acid

 

Latest price (May 23): 5080 yuan / ton

 

Key points of analysis: the market price trend of acetic acid rose slightly today, and the average market price in East China increased by 0.40% compared with the previous working day. The impact of the epidemic situation in Shanghai was weakened, the market trading was smooth, the enterprise inventory was not under pressure, the downstream market was mainly purchased on demand, and the market trading operated smoothly. In addition, the market was informed that the 1 million ton acetic acid plant of Shandong Yankuang will be shut down for maintenance in the latter ten days, the market supply will be reduced, and the quotation of acetic acid may be increased.

 

Future forecast: the short-term acetic acid market is mainly on the sidelines, and it may rise in the future. Pay attention to the market supply.

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Ethylene glycol weekly review (may 15-may 20)

According to the data of business agency, on May 20, the average price of P value of oil-based ethylene glycol was 5008.33 yuan / ton, which was the same as that in the previous statistical cycle.

 

Chitosan oligosaccharide

Oil prices fell on Friday as investors worried that weak global economic growth and tighter monetary policy by the central bank might curb the recovery of fuel demand. The cost side is slightly loose, the external market price of ethylene glycol is weak, and the actual single transaction is sporadic. The recent negotiated price of shipping is around us $610 / ton.

 

In the downstream, the current terminal is depressed, the downstream orders are poor, and the production and sales of polyester Market in Jiangsu and Zhejiang are generally flat. At present, ethylene glycol continues to suffer losses, ethylene oxide is more economical than ethylene glycol, and the cogeneration unit tends to EO Production.

 

In terms of inventory, as of May 19, the total inventory of ethylene glycol in the main ports of East China was 1187300 tons, an increase of 25700 tons, an increase of 2.21%, and 36200 tons, an increase of 3.14%, compared with Monday. The inventory remained high.

 

Forecast: low range shock.

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Ethylene glycol daily review (20220519)

The latest p-value price of ethylene glycol on May 19 was 5008.33 yuan / ton, unchanged from the previous trading day. Up 0.7% year on year.

 

The expectation of tight global supply and the improvement of fuel demand due to Shanghai’s plan to relax restrictions overshadowed concerns about slowing economic growth, and oil prices rebounded from the decline in early trading on Thursday. Today, Meg’s external market is weak, and the recent negotiated price of cargo is around us $610 / ton. The operating rate of ethylene glycol continues to decline slightly, the operating rate of polyester in the downstream is general, and the recovery of the demand side is slow. At present, the factory still needs to purchase, which has no obvious support for the ethylene glycol market.

 

Forecast: interval shock.

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On May 18, the price of refrigerant R22 was temporarily stable

Latest price (May 18): 17500 yuan / ton

 

Key points of analysis: according to the data monitoring chart of business agency, the price of refrigerant R22 was temporarily stable on May 17, unchanged from the previous day, with a year-on-year increase of 5.42%. The price of raw material chloroform fell slightly, the cost support became weaker, and the market supply increased. At the same time, the demand did not increase. Under the bad conditions of many parties, the price of R22 fell steadily. At present, the price of raw material hydrofluoric acid is mostly 11730 yuan / ton, the price of chloroform is about 4325 yuan / ton, and the market quotation of R22 is mostly in the range of 17000-18000 yuan / ton.

 

R22 market is expected to fall steadily.

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On May 17, the price of cryolite increased slightly

Trade name: cryolite

 

Latest price (May 17): 7600 yuan / ton

 

Key points of analysis: the cryolite market is up today, and the average production price in Henan is up 0.33% from the previous working day. Cryolite raw materials are tight, the cost pressure of enterprises increases, the cryolite in the field is mainly under low load, and the market supply is tight, while the downstream demand is stable, the enterprise shipment is smooth, and the operator’s wait-and-see mentality is dominated. Individual enterprises increase their quotation according to the shipment situation.

 

Future forecast: short-term cryolite market consolidation at a high level, pay attention to the market supply.

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On May 16, the price of imported potassium chloride was temporarily stable

Trade name: potassium chloride (imported)

 

Latest price (May 16): 5366.67 yuan / ton

 

On May 16, the domestic market price of imported potassium chloride was temporarily stable, which was the same as that on May 13. At present, the price of 62% white potassium in the port is about 5200 yuan / ton; The self raised price of 60% Dahong granules in the port is about 5100 yuan / ton. 62% Russian White potassium in border trade is about 4800-4900 yuan / ton. The arrival price of potassium chloride in domestic salt lakes is about 4400-4900 yuan / ton. The recent market situation of downstream potassium carbonate and potassium nitrate has increased slightly, and the downstream procurement enthusiasm is good.

 

Recently, the price of domestic potassium chloride may rise slightly, mainly in consolidation. The import market price of potassium chloride is about 5400 yuan / ton.

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Nitrile rubber market price fell slightly (5.1-5.15)

In the first half of the month (5.1-5.15), the market price of nitrile rubber decreased slightly. According to the monitoring of business agency, as of May 15, the price of nitrile rubber was 23850 yuan / ton, down 2.85% from 24550 yuan / ton at the beginning of the month.

 

In May, the operating rate of domestic nitrile rubber was close to 80%, and the supply side was relatively sufficient; The ex factory price of nitrile rubber enterprises was adjusted downward by 500 ~ 800 yuan / ton. According to the monitoring of business society, as of May 15, the ex factory price of Lanhua nitrile n41e was reported to be 22500 yuan / ton; 3305e ex factory price: 22800 yuan / ton; The ex factory price of 3308e is 23800 yuan / ton; Shunze nitrile 3355 factory report 22700 yuan / ton; Nandi nitrile 1052 is delivered at 24200 yuan / ton. On the one hand, the price of raw materials fell and the cost weakened. On the other hand, the upstream and downstream of the supply and demand game were slightly deadlocked.

 

Gamma-PGA (gamma polyglutamic acid)

In May, the price of butadiene continued to fall, the price of acrylonitrile fluctuated slightly, and the cost support was weak. According to the monitoring of business society, as of May 15, the price of butadiene was 9586 yuan / ton, down 2.34% from 9816 yuan / ton at the beginning of the month; As of May 15, the price of acrylonitrile was 11540 yuan / ton, down 0.17% from 11560 at the beginning of the month.

 

Since May, the downstream operation of nitrile rubber has been low, and the demand side is weak. According to the business society, the downstream thermal insulation foam, rubber hose and other industries are started in the vicinity of 50-60%. The downstream purchased on demand and was resistant to the high price of nitrile, and the high price of nitrile rubber fell slightly.

 

Future forecast: NBR analysts of business society believe that the supply and demand of NBR is slightly deadlocked and the cost support is weak. It is expected that the NBR market will continue to fluctuate in a narrow range.

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On May 12, the price of diammonium phosphate was stable

Trade name: diammonium phosphate

 

Latest price: 3725 yuan / ton

 

Key points of analysis: the price of diammonium phosphate was stable on May 12, which was stable compared with the previous trading day. Today, the price of raw sulfur rose, the cost continued to rise, and the high level of diammonium market was strong. At present, the supply of diammonium in the market is relatively small, and most enterprises suspend quotation and do not receive orders for the time being. Transactions in the domestic market are general, and the focus is shifted to the export market. Today, the mainstream factory quotation of 64% diammonium in Hubei is about 3550 yuan / ton, and the actual transaction is negotiated.

 

Future forecast: diammonium phosphate high-level consolidation and operation in the short term.

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