Monthly Archives: July 2020

China’s domestic n-propanol market finish on high level, downstream rigid demands follow up

According to the price monitoring data of business agency, as of July 23, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11900 yuan / ton, which was basically stable compared with the price on the first day of this month; compared with the price on June 1, the average price increased by 733 yuan / ton, or 6.57%.

 

EDTA

Since July, the market of n-propanol is high and stable

 

Since the beginning of July 7, the overall market of n-propanol in China has been running stably. The domestic isopropanol market continued to fall sharply this month, and the price had already fallen below 10000 yuan / ton. Therefore, the price advantage of n-propanol as solvent has begun to be reduced. At present, the market of n-propanol is weak, the market just needs to follow up, the trading atmosphere is general, the overall inventory level of the market is low, and the enterprise’s offer is still firm. According to the price monitoring data of the business agency, on July 23, the domestic n-propanol market quotation was relatively stable and fluctuated in a narrow range. In Zibo area of Shandong Province, the bulk water is around 10500-10700 yuan / ton, and the barrel is 11300-11600 yuan / ton; in Nanjing area, it is around 10800-11100 yuan / ton. In Nanjing Rongxin Chemical Co., Ltd. (formerly Nanjing Wujiang Chemical Co., Ltd.), the n-propanol production unit starts normally, and the n-propanol offers 11000 yuan / T (bulk water). At present, the sales situation of n-propanol market is relatively stable, and most manufacturers in Nanjing maintain stable quotation. Dealers in different regions still have reservation on the price. It is not easy to monitor the price. As a result, the specific negotiation situation may be different. There are differences in each region. The actual negotiation is the main one. The future market needs to wait and see the change of raw material price and shipment.

 

Melamine

In terms of raw materials, since July, the ethylene market has risen first and then decreased, then stabilized in the near future and then recovered slightly. On the first few days of the month, the overall ethylene market rose slightly. From the 7th, the external market of some ethylene fell, and the decline continued to be stable after the middle of July. Period ethylene overall showed a small upward trend. The price of ethylene market in Asia remained stable. The average price of ethylene on 21 days was 738.50 US dollars / ton, up 0.20% from 743.25 dollars / ton in the previous trading day. The current price rose by 2.88% month on month, and the current price decreased by 16.44% compared with last year. As of July 22, CFR closed at $795-805 per ton in Northeast Asia and $700-710 in South East Asia. The price of European ethylene market rose. As of the 22nd, the European ethylene market price was FD, northwest Europe closed at 754-764 US dollars / ton, CIF northwest Europe closed at 695-703 US dollars / ton. The price of ethylene in the United States remained stable. As of the 22nd, the price was 335-353 US dollars / ton. Generally speaking, the ethylene market in Europe and the United States has increased steadily in recent years. The demand of the whole ethylene market is fair, and the trading atmosphere is general, and the increase is small.

 

Narrow range shock control market high level of n-propanol may continue

 

It is expected that the price of n-propanol may decline due to the influence of market demand in the near future, but the overall fluctuation is limited due to the support of raw materials. In addition, in the early stage, the supply and demand of n-propanol market remained relatively stable under the premise that the solvent effect was not widely used. Therefore, although the market returns to the previous demand market again, it is expected that under the active control of the production by the factory, the high level market of n-propanol is not affected by the fluctuation, and the narrow range adjustment may still be in the period.

EDTA 2Na

China Domestic PET market is weak and stable, shipment is slow

According to the data monitored by the business agency, as of July 23, the price quoted by pet water bottle manufacturers was 5483.33 yuan / ton, which was 1.2% lower than that of the same period last week. The focus of the negotiation is low, and the manufacturers are running in a weak position. At present, the mainstream price range is 5400-5500 yuan / ton.

 

Benzalkonium chloride

The pet market is in a weak position, crude oil is falling, and there is no good support at the cost side. Some manufacturers of polyester bottle chips are slow to ship, and the overall atmosphere is flat. At present, the mainstream manufacturers in East China are offering around 5400-5500 yuan / ton, and the mainstream market negotiation is around 5300-5400 yuan / ton. At present, the price of Xiamen Tenglong is 5500, Yuan / ton: Guangdong Taibao 5500 yuan / ton, Zhuhai China Resources 5550 yuan / ton, Zhejiang wankai 5450 yuan / ton, Yizheng Chemical fiber 5350 yuan / ton. Due to the lack of good support for raw materials, most of them hold a cautious and wait-and-see attitude.

 

The negotiation focus of upstream PTA market is weak, with cautious wait-and-see, and the raw material ethylene glycol runs weakly and stably, and the number of transactions is limited.

 

The rubber and plastic index on July 22 was 614 points, 4 points lower than yesterday, 42.08% lower than the highest point 1060 (2012-03-14), and 16.29% higher than the lowest point 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)

 

Pet analysts of business agency believe that: in the short term, the pet market is weak and stable, and we should wait and see carefully. (the above prices are provided by major pet manufacturers all over the country and analyzed by pet business analysts for reference only. Please contact relevant manufacturers for more price details.)

Sodium Molybdate

Melamine market is stable and fluctuates little

1、 Melamine price trend

 

ferric sulfate (Poly ferric sulphate)

(Figure: P value curve of melamine product)

 

2、 Market analysis

 

On July 22, the melamine market was temporarily stable with little fluctuation. According to the monitoring sample data of business agency, as of July 22, the average price quoted by melamine enterprises was 5066.67 yuan / ton, which was flat compared with yesterday, and fell by 0.65% on a three-month cycle. Recently, some units have been shut down for maintenance, and the melamine operating rate has declined, and the supply of goods has been reduced. Enterprises are supported by early orders, so there is no pressure to take goods.

 

According to the data monitoring of the business agency, melamine prices in some regions (for reference only, the actual transaction price is mainly through negotiation): the price of melamine in some areas is higher than that in other regions

 

povidone Iodine

At present, the mainstream quotation of melamine market in Xinjiang is around 4500 yuan / ton; that in Sichuan is around 4900 yuan / ton; that in Henan is around 4900 yuan / ton. The mainstream quotation of melamine market in Shandong is around 5000 yuan / ton.

 

On July 22, the urea market in Shandong Province dropped slightly. The price of liquid ammonia in the upstream dropped slightly recently. The cost support of urea was weak and the demand for downstream was less. The rubber plate factory and compound fertilizer plant followed up appropriately, and the middlemen took delivery cautiously. The urea price was expected to fluctuate slightly in the future market.

 

3、 Future forecast

 

Melamine analysts in the business agency believe that at present, the enterprises are carrying out the early orders in an orderly manner, and the goods are OK. In the near future, the prices of some enterprises have increased, but the terminal demand has not improved significantly, and the space for the continuous rise of melamine is limited. It is expected that the melamine market will be mainly stable in the short term.

Melamine

Weak supply and demand, copper price shock at a high level

1、 Trend analysis

 

On the 22nd, the spot copper price was 52565 yuan / ton, up 1.26% compared with the previous day, 7.2% higher than the beginning of the year, and 10.33% higher than the same period last year. Shanghai copper’s main early morning trading rose 52830 yuan and then fell back to close at 52410 yuan, up 1.04%. LME copper’s 3-month contract rose slightly to US $6601.5 and then fell back. As of the Asian market closing, LME copper closed at US $6572, up 0.14%.

 

EDTA 2Na

Overnight, the European Union recovery fund reached an agreement, and the United States considered launching a new round of stimulus package. The market’s confidence in the expected economic recovery was boosted, most commodities rose, and copper prices rebounded slightly. The supply disturbance at the mine end is still continuing, and domestic inventory is accumulating, but the overseas inventory is continuing to decline. In June, the operating rate of refined copper rod-making enterprises was 78.66%, with a month on month decrease of 1.70 percentage points and a year-on-year increase of 3.01 percentage points. In April, the concentrated effect of order concentration continued to weaken in May and June, while the stock orders of enterprises decreased. The order of refined copper rod is obviously impacted by scrap copper rod, and the operating rate of 7 refined copper rod making enterprises is expected to further drop to 76.79%. The current market into the off-season, downstream orders continue to decline, the average operating rate of processing enterprises is still not high, downstream demand is relatively low.

 

In view of the above situation, since the outbreak of the epidemic in South America, the market has had certain concerns about the supply of copper and supported the copper price. July and August are the off-season of consumption in the downstream, and orders show signs of weakening. It is expected that the copper price will fluctuate at a high level in the short term.

EDTA

A one-day surge of 9.55%, silver is more promising in the future

Business agency data monitoring showed that the average domestic spot price of gold on the 22nd was 410.25 yuan / g, an increase of 2.41% compared with 399.75 yuan / G on the 21st; compared with 342.54 yuan / g at the beginning of the year (01.01), it was 19.77% higher; compared with the valley value (3.19), the spot price of gold was 331.75 yuan / g, up 23.66%.

 

On the 22nd, the spot price of domestic silver was 5110 yuan / kg, an increase of 9.55% compared with the spot price of 4371.67 yuan / kg on the 21st; compared with the spot price of silver at the beginning of the year (01.01), 4281.67 yuan / kg, an increase of 16.67%; compared with the valley value (3.19) of the year, the spot price of silver was 2942.67 yuan / kg, up 73.65%.

 

Benzalkonium chloride

Gold price hit a new 9-year high, silver price soared 9.55% in a single day, and the index stood at 58.28

 

According to the commodity index system of business club, the gold commodity index on July 22 was 108.99, up 2.57 points from yesterday, a record high in the cycle, and 88.96% higher than the lowest point of 57.68 on August 2, 2015. (Note: period refers to 2011-09-01 to now)

 

The domestic spot gold price hit a record high in nearly nine years. On the 22nd, Shanghai Gold Exchange quoted 411.13 yuan / g, up 9.6 yuan / g, or 2.39%, compared with 401.53 yuan / G on the 21st.

 

According to the commodity index system of business club, the silver commodity index on July 22 was 58.28, up 5.08 points compared with yesterday, 43.29% lower than 102.76 points (2011-09-06), and 73.66% higher than the lowest point of 33.56 points on March 19, 2020. (Note: period refers to 2011-09-01 to now)

 

After years of consolidation, the silver price broke through 5000 yuan / kg on the 22nd, and the silver commodity index stood at 58.28. On the 22nd, spot silver prices soared. Shanghai silver (15kg standard weight, 99.99% silver ingot) in Shanghai Gold Exchange quoted 5272 yuan / kg in the morning, 487 yuan / kg higher than 4785 yuan / kg on the afternoon of 21, up 10.18%.

 

Gold and silver prices tend to be the same, and the range of rise and fall is different

 

According to the data of the business agency, based on the gold and silver price on September 1, 2011, the price trend of domestic spot gold and silver in the past 10 years is generally similar, but the range of rise and fall is increasingly differentiated. After the expansion of the gold silver ratio, it has been running at a high level for a long time.

 

On the 22nd, the silver price soared, and the gold silver ratio was pushed down, which was lower than the previous period. After the spot silver price broke through the 5000 yuan mark, can the difference between the rise and fall of gold and silver continue to narrow?

 

1. Commonness: investment demand may continue to push up prices

 

In 2020, the spot price of precious metals will be deeply affected by investment demand. According to relevant data, in 2020, the holding of silver ETF will increase by 7500 tons, up by 35%. In the first half of 2020, the total scale of global gold ETFs (in tons) will increase by 25%. In the first half of 2020, the global total inflow will reach 734 tons, equivalent to 45% of global gold minerals in the first half of this year

 

In 2020, the demand for safe haven will be strong. Under the epidemic situation, the expectation of global monetary easing policy, the weakening of the US dollar, and the change of Sino US situation, the market demand for precious metal investment will surge. At the same time, the profit making effect under the expected convergence will push up the investment demand again.

 

The burning point of risk aversion in the near future:

 

(1) Central banks of various countries have frequent monetary easing policies, inflation expectations are rising, some countries have negative real interest rates and central banks’ balance sheets are expanding;

 

(2) The number of new coronavirus infections in overseas countries continued to increase, and the expectation of rapid economic recovery in some economies was dashed. Compared with the improvement of domestic economic trend in euro area and China, the structural weakening expectation of US dollar gradually forms;

 

(3) The situation between China and the United States is becoming increasingly tense. The US Department of Commerce announced on Monday that 11 Chinese companies would be included in the list of US economic entities, after two previous statements had listed 37 companies and entities; on July 13, 15, 17 and 21, US reconnaissance planes frequently entered the airspace of the South China Sea and south of Taiwan to provoke; on 21 July, the US side suddenly asked China to close its Consulate in Houston and unilaterally launched a political provocation against China.

 

This week, the impact factors of Sino US situation have been increasingly magnified. The United States is pressing China economically, militarily and politically. Geopolitics has triggered a surge in demand for safe haven.

 

2. Feature 1: industrial attribute superimposed price history bottom silver price rise is expected

 

Combined with historical price data, silver price trend generally follows gold, showing a certain monetary attribute; while the rise and fall range is greatly affected by the commodity price environment at that time, and the industrial attribute is highlighted.

 

Generally speaking, the price trend of gold and silver tends to be the same, but the sensitivity to external stimulus (geopolitics, monetary policy, investment demand, spot demand) is different. Risk aversion demand determines the basic price trend of silver, but the industrial use demand of silver plays a greater role in the rise and fall of silver price.

 

Sodium Molybdate

The industrial demand of silver accounts for about 50% of the total global demand of silver. The industrial application of silver, such as photovoltaic power generation (solar power generation), ethylene oxide and other aspects of the demand continues to expand. According to the silver association’s forecast, the amount of ethylene oxide used to manufacture solar panels, photovoltaic cells and plastics and chemicals will consume 120 million ounces of silver annually from 2016 to 2020, an increase of 32% over 2015. Among them, the use of silver in photovoltaic industry increased by 7% in 2019.

On the supply side, there is only about 2.8 billion ounces of recoverable silver in the world at present. According to the world silver survey report in 2019 issued by the world silver association, the global silver mine production decreased for the third consecutive year, and decreased by 2% in 2018 to 855.7 million ounces. In terms of silver stock, unlike the low consumption of precious metal gold, about half of the silver mined (27.2 billion ounces) is expected to have been consumed, destroyed or discarded. The recovery and supply of silver has been running at a low level for a long time.

 

Under the influence of overseas epidemic situation in 2020, the production capacity supply of Mexico, the main silver producing country, is expected to be low. Silver supply fundamentals are good, supporting the current price rise.

 

On the demand side, global silver demand reached a three-year high of more than 1 billion ounces in 2018, an increase of 4% over 2017. Domestic demand for silver will be bright in 2020. Photovoltaic industry and 5g commercialization will boost silver industry demand expectations. The world silver association predicts that the global photovoltaic industry’s demand for silver is expected to drop by 3% in 2020, from 98.7 million ounces to 96.1 million ounces; the demand for silver in 5g is about 7.5 million ounces. However, the overall supply and demand fundamentals are good based on the expected contraction of supply and demand.

 

Although the price of silver rose by 16.67% in the year and 73.65% in March as the benchmark price, the current spot price of silver is still low in the historical price, equivalent to 58.28% of the price on September 1, 2011. Compared with gold, the current price is 108.99% of the price on September 1, 2011. There is huge room for silver prices to rise.

 

2. Characteristic 2: associated 60% supply tends to be similar to non-ferrous metals (lead, zinc, copper)

 

Associated, only 28.29% of global mineral silver comes from primary mineral silver, and the rest 71.71% comes from lead-zinc ore (35.99%), copper ore (23.55%) and gold mine (11.79%). Nearly 60% of the supply of mineral silver is deeply bound up with the production capacity of non-ferrous metals (lead, zinc, copper).

 

The main supply side of silver (mineral silver) is closely related to the non-ferrous metal operating rate. The supply and demand factors of silver are closely related to lead, zinc and copper, and the bulk commodity attribute is strong.

 

Ye Jianjun, precious metals analyst at business club, believes that global monetary easing policy expectations (negative real interest rates in some countries, inflation of central bank balance sheets), expectation of structural weakening of US dollar, geopolitics (for example, the increasingly tense situation between China and the United States) and other factors led to the explosion of market risk aversion in 2020, which led to a surge in investment demand for precious metals, which directly promoted the price of precious metals in terms of funds The price of gold has reached a new 9-year high in a row, silver price has followed the rise, and the monetary attribute of precious metals has continued to dominate the price trend of precious metals. Silver, which is relatively undervalued in history, due to its obvious triple characteristics (monetary attribute, industrial attribute and associated / bulk commodity attribute), is not as obvious as other varieties in the early stage, and its investment enthusiasm is lower than that of gold, platinum, palladium and other precious metals. At present, low valuation and industrial attribute value are rediscovered by the market. In addition, the recent general rise of nonferrous metals plate has led to a bull market With a strong atmosphere, it is expected that the silver price will continue to follow the trend of gold price in the near future, and the range of rise and fall is more imaginative than that of gold.

http://www.lubonchem.com/

Power type LiFePO4 runs smoothly and trading is weak

According to the data monitored by the business agency, as of July 21, the average price of lithium iron phosphate for domestic power type high-grade products was 37000.00 yuan / ton. This week, the market of lithium iron phosphate remained stable, with increased orders, limited demand and stable price.

 

ferric sulfate (Poly ferric sulphate)

The market price range of lithium iron phosphate power type is 34500-37000 yuan / ton, with stable price and balanced supply and demand. According to China battery network, in addition to Tesla and BYD, there are many well-known domestic hot brand electric vehicle models carrying lithium iron phosphate battery 330 batches) show that there have been A-class models that have replaced the original ternary lithium batteries with lithium iron phosphate batteries. The emergence of lithium iron phosphate in class A and b new energy sources and passenger cars means that lithium iron phosphate batteries have played an irreplaceable role in power batteries and are widely recognized by the public. In the future development, the market of lithium iron phosphate batteries will be more and more broad, and the current energy storage type The price range of LiFePO4 is 28000-33000 yuan / ton, and the average price is about 30000 yuan / ton. The quotation of Li iron phosphate enterprises is 37000 yuan / ton of Guangdong Optical Technology Co., Ltd., 37000 yuan / ton of Foshan Defang Nano Technology Co., Ltd., and 37000 yuan / ton of beiteri new energy materials Co., Ltd.

 

The overall operation of upstream lithium carbonate is stable. At present, the mainstream price range of industrial grade lithium carbonate is 33000-37000 yuan / ton, with a slight increase. The mainstream price range of battery grade lithium carbonate is 39000-41000 yuan / ton, and the price remains stable.

 

Azodicarbonamide (AC foaming Agent)

On July 20, the chemical index was 658 points, unchanged with yesterday, 35.24% lower than 1016 points (2012-03-13), and 10.03% higher than 598 points, the lowest point on April 8, 2020. (Note: period refers to 2011-12-01 to now)

 

Business Club lithium iron phosphate analysts believe: lithium iron phosphate market prices remain stable in the short term, just need to purchase. (the above prices are provided by major lithium iron phosphate manufacturers all over the country and analyzed by business lithium iron phosphate analysts for reference only. Please contact relevant manufacturers for more price details.)

povidone Iodine

Weak performance of acrylic acid Market (7.1-7.21)

1、 Acrylic acid price trend

 

Gamma-PGA (gamma polyglutamic acid)

Figure: P value curve of acrylic acid products

 

2、 Market analysis

 

Since July, the market of acrylic acid has declined. According to the data of the business club’s bulk list, the average price of acrylic acid quoted in East China as of July 21 was 7083.33 yuan / ton, which was 8.01% lower than that on July 1 (7700 yuan / ton), 13.27% lower than that on June 21 (8166.67 yuan / ton), and 11.46% lower than that of the same period of three months.

 

In the first ten days of July, the average price of acrylic acid in East China was 7700 yuan / ton on 1 January. The price of raw material propylene was high and the cost was under pressure. On the second day, some enterprises adjusted their quotations, and the low-end price of the market was raised slightly. The price remained stable after rising to 7733.33 yuan / T. on the 9th, the price of acrylic acid rose to 7766.67 yuan / ton. On the 10th, the price of raw material propylene was high and the market of acrylic acid was high The average price of acrylic acid in East China was 7266.67 yuan / ton, and the price of acrylic acid in the first ten days of July was – 5.63%.

 

In the middle of July, the average quotation price of acrylic acid in East China was 7266.67 yuan / ton on July 11. On the 13th, the price of raw material propylene went down, the supply and demand of acrylic acid was relatively balanced, and the market was mainly stable. On the 16th, the raw material propylene was in a weak position, and the downstream demand was limited. The acrylic acid market was put into operation. The price of acrylic acid was slightly reduced to 7233.33 yuan / T, and then stabilized. On the 20th, the price of raw material propylene began to rise, but the downstream propylene price began to rise The overall demand follow-up was not as expected, mainly purchasing on demand, and the market consolidation was narrow. The average quotation price of acrylic acid in East China was 7083.33 yuan / T, and the price of acrylic acid was – 2.52% in mid July.

 

According to the data monitoring of the business agency, the price of acrylic acid of some enterprises in recent years (for reference only, the actual transaction price is mainly negotiated)

 

Enterprise market price specification date

Jinan Mingwei Chemical Co., Ltd. 6800 yuan / T, line standard: common acid; grade: superior product: July 21, 2020

Jinan jinrihe Chemical Co., Ltd. 6800 yuan / T, line standard: common acid; grade: superior product: July 21, 2020

Jinan aochen Chemical Co., Ltd. 7200 yuan / T, line standard: common acid; grade: superior product: July 20, 2020

Jinan aochen Chemical Co., Ltd. 9700 yuan / T refined acid, 99.7% content, 2020-07-20

Jinan Yuanxiang Chemical Co., Ltd. 6800 yuan / T, line standard: common acid; grade: superior product: July 20, 2020

EDTA 2Na

On July 20, the market price of upstream propylene in Shandong began to rise. According to the price chart of the business agency, the recent price of propylene fluctuates periodically, with a relatively stable price range. Since the beginning of July, the price has been continuously reduced by 200-250 yuan / ton. From 6 to 9, the price has been adjusted back by about 250 yuan / ton. On October 10 and 11, the price has been roughly flat. Since the 12th, the price has declined for a second time, and now it has declined by 150-200 yuan / ton. Since the 17th, it has been basically stable again. On the 19th, some enterprises have risen slightly. Today, most enterprises have begun to adjust. The market transaction has reached 6700-7000 yuan / ton, which is the mainstream price About 6750 yuan / ton. At present, the inventory of propylene manufacturers is general, the crude oil price is slightly cold, the overall downstream market operating rate is acceptable, and the downstream purchasing enthusiasm is weak, and the market trading is stable. Although the current propylene price is still slightly away from the lower limit of the recent propylene shock range, it has been stable for a long time, and part of the price difference has been digested. Therefore, it is expected that the propylene price will continue to rise in the near future, which has a good support for acrylic acid.

 

3、 Future forecast

 

Acrylic acid analysts from the business community believe that at present, the price of raw material propylene is rising, and the cost support is strengthened, but the downstream demand is flat, the market trading atmosphere is general, and the industry is in a strong wait-and-see mood. It is expected that the acrylic acid market will be stable in the short term.

EDTA

Under the off-season, the phosphate ore market is mainly stable

1、 Price trend

 

Melamine

According to the data monitoring of the business agency, as of July 21, the market reference average price of 30% grade phosphate ore was 380 yuan / ton, which was basically stable compared with last week; compared with the price on the first day of the month, the average price was reduced by 6 yuan / ton, down 1.72%.

 

In the off-season, the phosphate ore market is mainly in light and stable operation, and individual mining enterprises reduce their quotations

 

From the beginning of July to now, except for a few Guizhou phosphate ore enterprises which have lowered the quotation for low and medium grade phosphate ore, the phosphate ore market in other parts of China is mainly weak and stable, and the downstream demand performance is general. Enterprises focus on delivering early orders, and the number of new orders is not large, so they mainly wait and see the market. At present, as of July 21, the market of phosphate ore in Guizhou is mainly stable. According to the data monitoring of business agency, the mainstream reference quotation of 30% grade phosphate ore in Guizhou is 300-340 yuan / ton, the transaction price is slightly lower, and the low price is 280 yuan / ton, The quotation of some mining enterprises decreased slightly, among which the quotation of 30% grade phosphate ore in Xifeng Mining Co., Ltd. was reduced to 320 yuan / ton from 330 yuan / ton in the earlier stage. Hubei Province: the market of phosphate ore is running smoothly. 28% of the mainstream ex factory quotation of phosphate rock is around 360-380 yuan / ton, and that of 30% phosphate rock is 390-410 yuan / ton. Among them, the 28% grade phosphate rock in Liushugou, Hubei Province, is 370 yuan / ton. Guangxi: the phosphate ore market is running stably. The reference quotation of 30% grade phosphate ore mainstream freight plants is 330-360 yuan / ton, and that of 28% grade phosphate ore mainstream freight plants is 290-320 yuan / ton.

 

Chitosan oligosaccharide

On the downstream side, the price of yellow phosphorus market rose as a whole last week, with a rapid rise, and the downstream purchasing heat increased, and the market transaction situation was good. Since this week, downstream orders have been reduced, enterprises mainly supply orders in the early stage, and the yellow phosphorus market is temporarily stable. At present, the factory acceptance transaction of net phosphorus in Yunnan is around 14500 yuan / ton. The phosphoric acid market has maintained stable consolidation in the near future, with a small increase in some parts.

 

The phosphate ore analysts of the business club believe that in the off-season, the recent phosphate ore market is still weak and stable operation. Before the downstream demand is not improved in time, it is expected that the phosphorus ore market will have a significant change. Under the operation of maintaining stability and consolidation, there may still be a small price adjustment in some regions to prepare for the accumulated orders.

Sodium Molybdate

Transaction atmosphere general, nylon filament price falls again

According to the statistics of the business agency, as of July 21, the price of nylon filament DTY in Jiangsu was 15366 yuan / ton, down 234 yuan / ton, 1.50%, 15.72% year-on-year; the price of nylon POY was 13080 yuan / ton, 180 yuan / ton, 1.36%, 16.90% year-on-year; the price of nylon FDY was 16150 yuan / ton, down 250 yuan / ton, 1.52%, 19.05% year-on-year 。 The pressure of raw material inventory increased, enterprises made more profits to ship, and the quotation of industrial chain products fell collectively.

 

Benzalkonium chloride

At the end of June, nylon raw material end inventory generally increased, coupled with the background of the off-season, the speed of shipment slowed down. Inventory pressure is gradually emerging, the market is generally bearish, enterprises sell more profits. As of July 21, the average price of cyclohexanone in Shandong was 5683 yuan / ton, down 7.21% from the beginning of July; caprolactam was at 9600 yuan / T, down 7.69% from the beginning of July; PA6 was at 10933 yuan / T, down 10.38% from the beginning of July.

 

In July, the listed price of caprolactam was lowered several times. As of July 21, the price of caprolactam liquid of Shandong Luxi Chemical Co., Ltd. was 8900 yuan / ton, which was 700 yuan / ton lower than that at the beginning of the month; the listing price of caprolactam liquid of Baling Petrochemical Company was 9800 yuan / ton, which was 1200 yuan / ton lower than the price at the beginning of the month. PA6 manufacturers are actively shipping and the price has been significantly reduced, but the downstream response is limited and the transaction atmosphere is general. It is expected that the short-term price will be under pressure. Nylon manufacturers cut prices at the same time, prices continue to fall in the middle of the year, or continue to bear pressure before the golden nine silver decade.

 

Business agency analysts believe that the raw material end of the shipment slowdown, inventory pressure, the strategy of profit and more sales put on the agenda. At present, most manufacturers just need to buy on bargain. It is expected that the price of raw materials will drop and stop to mobilize the downstream purchasing desire, and nylon filament will go down with the raw materials.

http://www.lubonchem.com/

Market lack of good news guidance, polyester filament prices fell by more than 30% year on year

According to the price monitoring of the business agency, the market price of polyester filament began to fall in mid June, and the prices of various products continued to decline in July. Among them, the decline of polyester POY was 7.28%, followed by polyester FDY (- 6.73%) and polyester DTY (- 6.16%). At present, the price of polyester POY (150D / 48F) is 4900-5300 yuan / ton, FDY (150D / 96F) is 5450-5600 yuan / ton, and DTY (150D / 48F low elasticity) is 6300-6800 yuan / ton. Terminal textile industry entered the traditional off-season, raw material procurement enthusiasm is not high, the transaction atmosphere is general, the formation of drag on the price.

 

ferric sulfate (Poly ferric sulphate)

Average price rise and fall of polyester filament Market from July 1 to July 20, unit: yuan / ton

 

Products rise and fall from July 1, 2020 to July 20, 2020

Polyester POY (150D / 48F) 5492 5092 – 7.28% – 38.47%

Polyester FDY (150D / 96F) 5921 5523 – 6.73% – 34.23%

Polyester DTY (150D / 48F low elasticity) 7101 6663 – 6.16% – 31.22%

Since July, the domestic PTA market price has risen first and then decreased. As of July 20, the average market price was 3521 yuan / ton, down 2.39% compared with the beginning of the month, and 45.33% lower than that at the beginning of the month. At the beginning of the month, the loose macro environment provided a certain support for the commodity market and crude oil, while suppliers continued to buy back to support the spot market, driving PTA prices up. With Hengli Petrochemical’s new plant put into operation, PTA supply has reached a new level, which further aggravates the market’s concern about PTA supply and demand pattern. In addition, crude oil also fell due to the further fermentation of public safety and health events, and the negative led to the price decline. However, the decline of crude oil inventory supported the market from the cost side, and at the same time, the maintenance of some units at the supply side or alleviated certain pressure effectively improved the trading atmosphere in the spot market, and the price rose slightly. However, under the background of terminal off-season, the supply and demand pattern of PTA market did not appear obvious improvement, and finally, PTA price entered into a weak adjustment pattern.

 

In the downstream textile and garment market, public health events at home and abroad are still fermenting, and the domestic and foreign orders for clothing and textile are decreasing day by day. The early orders are gradually delivered and the follow-up orders are out of stock. Textile enterprises are struggling. At the same time, the current demand in the summer off-season, polyester filament factory is also facing the plight of high operating, high inventory, the contradiction between supply and demand is prominent. For example, the transaction volume of polyester fabrics in the traditional market of China Light and textile city decreased, the transaction volume of imitation silk fabrics with polyester filament as the main raw material decreased, the turnover of thin fabrics decreased sharply, and the transaction of medium and thick fabrics in autumn was relatively limited. With the gradual rise of temperature and the continuous increase of inventory pressure, downstream texturing, weaving, printing and dyeing industries have heard that some enterprises have plans to stop and have a holiday. The comprehensive starting rate of Jiangsu and Zhejiang looms has been reduced to below 58%. At present, it is known that some weaving and printing and dyeing enterprises in Shaoxing have started summer vacation mode.

 

Azodicarbonamide (AC foaming Agent)

From the perspective of the textile industry, it is understood that in June, the total retail sales of clothing, footwear, knitwear and textiles reached 105.9 billion yuan, a decrease of 0.1% compared with the same period last year. From January to June, the total retail sales of clothing, shoes, hats and knitwear were 512 billion yuan, with a decrease of 19.6% over the same period. In terms of export, according to the latest statistics of the General Administration of Customs of China, in June 2020, China’s textile and clothing export volume was 29.032 billion US dollars, down 1.77% month on month. Among them, the export value of textiles (including textile yarn, fabrics and products) was 16.156.8 billion US dollars, and that of clothing (including clothing and clothing accessories) was 12.874.7 billion US dollars. From January to June, China’s textile and clothing exports amounted to US $125.188 billion, an increase of 3.16% year-on-year. Among them, the cumulative export of textiles was US $74.103.3 billion, with a year-on-year increase of 27.81%; and that of clothing was US $51.084 billion, down 19.39% year-on-year. Since the second quarter, with the surge in demand for epidemic prevention materials in Europe and the United States and other countries, textiles including masks have become an important support for China’s export.

 

Xia Ting, an analyst at the business agency, believes that the current market trend of raw materials is weak, which gives negative support to the polyester filament market. At the same time, the textile market began to enter the traditional off-season in July. In the past years, it was a time for a weaving enterprise to accumulate grey fabric inventory. This year’s public health events had affected the demand side and the domestic and foreign trade orders had dropped, and a large number of stocks were overstocked in the warehouse, which further aggravated the contradiction between supply and demand. Downstream factories have more and more strong willingness to reduce production, reduce load and holiday. The industry has become more and more interested in polyester filament enterprises The rumors of reducing the negative also gradually increased. Market lack of good news guidance, polyester filament prices are expected to be weak in the near future.

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