Monthly Archives: February 2021

The white carbon black market is stable with holidays coming, and the atmosphere of wait-and-see trading is flat

According to the data monitored by the business agency, as of February 10, the average price of domestic power lithium iron phosphate was 41000.00 yuan / ton. Near the holiday, the market negotiation atmosphere is flat, the transaction atmosphere is general, and the shipment is slow. Most enterprises have entered the holiday mode, the transaction quantity is limited, and the overall market maintains the early market trend.

 

Azodicarbonamide (AC foaming Agent)

The market price range of LiFePO4 power type is 41000-45000 yuan / ton, the downstream demand has not increased significantly, and the overall market purchasing atmosphere is flat. At present, the price range of LiFePO4 energy storage type is 36000-40000 yuan / ton, and the inventory is general. The market price of upstream lithium carbonate remains stable. At present, the price of industrial grade lithium carbonate is 69000-70000 yuan / ton, and the price of battery grade lithium carbonate is 70000-74000 yuan / ton In the short term, it will maintain a stable trend with limited price fluctuation.

 

On February 9, the chemical industry index was 875 points, 2 points higher than yesterday, 13.88% lower than 1016 points (2012-03-13), the highest point in the cycle, and 46.32% higher than 598 points, the lowest point on April 8, 2020. (Note: period refers to the period from December 1, 2011 to now)

 

According to LiFePO4 analysts of business news agency, the market of LiFePO4 is mainly stable with the coming of holidays, and the shipment quantity is limited. It is expected that there will be a recovery after the year.

povidone Iodine

Aluminum prices pick up in early February

According to the data of business news agency, the average price of domestic aluminum ingots in East China market on February 9 was 15763.33 yuan / ton, up 3.34% compared with the average price of 15240 yuan / ton at the beginning of the month (February 1), and up 0.23% compared with the average price of 15240 yuan / ton at the beginning of the year (January 1)

 

EDTA

At present, the aluminum price has basically recovered the decline in January. The recent recovery of aluminum price is mainly based on the following factors:

 

1. Production cost up

 

In the first ten days of February, the production cost rose slightly. The average cost of electrolytic aluminum production was about 13600.00 yuan / ton, slightly higher than that at the end of January, with a range of 10 yuan / ton. At present, the average profit level rose by more than 100 yuan / ton.

 

2. The stock accumulation is weaker than expected

 

At present, near the end of the aluminum consumption off-season, the market expected social inventory accumulation phenomenon is less than expected. The social inventory was 730000 tons, compared with 945000 tons in the same period last year.

 

2. High proportion of aluminum water supply and high output of extruded aluminum ingot

 

It is reported that in January 2021, the weighted proportion of molten aluminum in the aluminum industry was 64.61%, only 3.61% lower than that of last month; that is to say, the monthly increase of aluminum ingots was about 120000 tons, about 180000 tons lower than that of previous years.

Melamine

Price of phthalic anhydride rises after Spring Festival

According to the monitoring of the business community, the price trend of domestic phthalic anhydride market was temporarily stable in mid February. As of the 14th, the quotation of phthalic anhydride was 5950 yuan / ton. Recently, the price trend of phthalic anhydride remained stable, the spot supply on the floor was normal, and the market price of phthalic anhydride was firm.

 

Benzalkonium chloride

In the near future, the price trend of phthalic anhydride market is stable, the delivery situation of phthalic anhydride market is normal, the downstream demand is normal, the price trend of o-benzene is stable, the plasticizer market is improved, and the price of phthalic anhydride is deadlocked. Domestic phthalic anhydride manufacturers started at a low level. The operating rate of phthalic anhydride in the market was about 60%. The domestic phthalic anhydride spot supply was slightly tight. The price of phthalic anhydride in the market was firm. The downstream plasticizer industry rose slightly. The actual transaction was not obviously good. The price trend of phthalic anhydride was temporarily stable. The price trend of phthalic anhydride market in East China is temporarily stable, with limited high-end transactions in the market. The mainstream of neighboring France source negotiation in East China is 6200-6400 yuan / ton, and naphthalene method source negotiation is 5700-5900 yuan / ton. The mainstream quotation of phthalic anhydride market in North China is 5800-6000 yuan / ton, and the market outlook of phthalic anhydride is still in place. The downstream procurement is better than before, and the price of downstream DOP rises before the festival, giving a boost to phthalic anhydride market The market was supported by certain positive factors, but the price trend of phthalic anhydride market was temporarily stable.

 

In recent years, the domestic price of o-benzene has been rising mainly, with the floor price maintaining 5000 yuan / ton. The higher domestic price of o-benzene is a good support for the phthalic anhydride market. In addition, the import price of o-benzene in the port area has been rising, and the external quotation of o-benzene has been rising. The actual transaction price is subject to negotiation and detailed discussion. In addition, the strong wait-and-see mood of o-benzene merchants in the floor, the price of o-benzene has been rising, and the raw material price has been rising The price rise of o-benzene is good for the domestic market price of phthalic anhydride, and there is room for the price rise of phthalic anhydride in the market.

 

In February, the market price of phthalic anhydride downstream DOP continued to rise. According to the monitoring of business society, as of the 14th, the domestic DOP price was 10050 yuan / ton, the price of isooctanol rebounded, the cost price of DOP raw materials remained stable, the equipment start-up of DOP enterprises was temporarily stable, the price of PVC fluctuated and warmed up, and the demand of downstream customers was low. The plasticizer market has increased momentum and weak downward pressure, and the transaction price is subject to the real-time price. The overall DOP price is about 10000-10700 yuan / ton. The future DOP market has increased momentum and weak downward pressure, and the domestic phthalic anhydride price may rise slightly due to the favorable support from the downstream.

 

Overall, the recent rise in crude oil prices, coupled with the improvement of downstream plasticizer industry, the market of phthalic anhydride is supported by the positive. It is expected that the market price of phthalic anhydride will rise slightly after the festival.

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The market price of ammonium sulfate rises this week (2.1-2.5)

1、 Price trend

 

Sodium Molybdate

According to commodity data monitoring, the price of ammonium sulfate rose this week. The average price of ammonium sulfate was 616.67 yuan / ton at the beginning of the week and 643.33 yuan / ton at the end of the week. The price was increased by 4.32% during the week.

 

2、 Market analysis

 

This week, the price of ammonium sulfate rose. Yesterday, the mainstream price of domestic ammonium sulfate market rose with the auction price, and the overall trend of domestic ammonium sulfate was good. At present, export orders are performing well. Under the influence of domestic downstream manufacturers’ mentality of buying up but not buying down, winter storage is more active than the previous period, and the volume of goods received increases. Coking grade ammonium sulfate was raised, and the domestic grade ammonium sulfate Market was strong. By the end of the week, the mainstream price of powdery ammonium sulfate in Hebei was 650 yuan / ton, that in Shandong was 550-580 yuan / ton, and that in Hunan was about 700 yuan / ton.

 

Under the influence of the mentality of buying up but not buying down, the downstream manufacturers are more active in winter storage than in the early stage, and the receiving volume increases. At present, the enterprise inventory is generally low, ammonium sulfate market rose this week. The Spring Festival holiday is approaching, the downstream stock tends to end, and ammonium sulfate will stabilize.

 

3、 Future forecast

 

According to the ammonium sulfate analysts of business news agency, the mainstream price of domestic ammonium sulfate market rose with the auction price yesterday, the downstream receiving volume increased, the winter storage was more active than the previous period, and the overall purchasing atmosphere of coking grade ammonium sulfate was relatively active. The demand of internal ammonium sulfate is stable. As the Spring Festival approaches, it is expected that the coking grade ammonium sulfate will be stabilized in the short term, and the internal grade ammonium sulfate will be stabilized in the short term.

ferric sulfate (Poly ferric sulphate)

Cis-1,4-polybutadiene rubber prices fell slightly (2.1-2.5)

According to the data monitoring of business news agency, the domestic cis-1,4-polybutadiene rubber market fell slightly in the week (2.1-2.5), with the price at 11360.00 yuan / ton at the beginning of the week and 11260.00 yuan / ton at the weekend, down 0.88% overall.

 

Azodicarbonamide (AC foaming Agent)

This week (2.1-2.5) the ex factory price of domestic cis-1,4-polybutadiene rubber manufacturers was stable. According to the monitoring of the business society, as of February 5, the ex warehouse price of Daqing cis-1,4-polybutadiene rubber of PetroChina Northeast sales company was 11400 yuan / ton; the price of cis-1,4-polybutadiene rubber of Sinopec North China sales company was stable, Qilu cis-1,4-polybutadiene rubber was 11400 yuan / ton, and North China warehouse was raising the price; Yanshan cis-1,3-polybutadiene rubber was 11320 yuan / ton, and North China warehouse was.

 

On the one hand, the overall operating rate of domestic cis-1,4-polybutadiene rubber is lower. According to the business news agency, the recent operating load of Yanshan cis-1,4-polybutadiene rubber is below 50%, while the Yangtze cis-1,4-polybutadiene rubber plant continues to stop, so the overall pressure on the supply side is not big.

 

Raw material prices fell slightly this week, the cost of cis-1,4-polybutadiene rubber support weakened. According to the monitoring of the business association, as of February 5, the butadiene price was 6051 yuan / ton, down slightly by 0.08% compared with 6056 yuan / ton at the beginning of the week.

 

On the demand side, near the Spring Festival, the demand of downstream market is flat. According to the business news agency, by the end of January, the operating rate of semi steel tire manufacturers remained at 64.09%%; the operating rate of all steel tire manufacturers was 66.55%, both lower than last week.

 

Future forecast: business community analysts believe that at present, the price of raw material butadiene is falling, and the downstream demand is flat, forming a certain negative effect on cis-1,4-polybutadiene rubber. However, due to the low overall operating rate of cis-1,4-polybutadiene rubber and little pressure on the supply side, it is expected that the price of cis-1,4-polybutadiene rubber will remain stable in the short term, although it is weak.

povidone Iodine

In January, Shandong propylene price rose and decreased sharply in the second half of the month and then slightly recovered

1、 Price trend

 

EDTA

According to the data of business news agency’s block list, the domestic propylene (Shandong) market price remained stable in the first half of this month, then dropped sharply after rising in the second half of this month, and rose slightly at the end of this month. At the beginning of the month, the price was 7223 yuan / ton, and at the end of the month, it was 7068 yuan / ton, with a monthly decrease of 2.14%; on January 19 and 20, the monthly high price was 7495 yuan / ton, and on January 28, the monthly low price was 6973 yuan / ton, with a monthly amplitude of 6.97%.

 

2、 Analysis and comment

 

According to the price chart of the business club, the propylene price fell all the way at the end of December. It began to rise on New Year’s day, and rose by about 100 yuan / ton on the 4th. Later, it was stable or rose, and generally showed a ladder like rise. This month, it has risen by about 250-300 yuan / ton. On the 21st, it began to decline continuously, and on the 28th, it has fallen by 500-550 yuan / ton. On the 29th, it was stable. On the 30th and 31st, the price rose. Now, the market transaction is between 7000-7350 yuan / ton The mainstream price is about 7000 yuan / ton. At present, the inventory pressure of manufacturers is too high, and the shipment situation is cold.

 

On January 28, crude oil prices fell slightly, with limited impact on propylene.

 

PP fluctuated steadily in the first ten days of this month, then rose rapidly after falling in the middle ten days, and continued to stabilize in the last ten days, with a monthly increase of 2.45% and a monthly amplitude of 3.94%. The futures market was also slightly cold, with limited impact on propylene.

 

Acrylic acid prices stabilized after the downward trend this month, with a monthly decline of 3.73% and a monthly amplitude of 4.41%, which had a slight negative impact on propylene.

 

This month, the market of propylene oxide rose slightly and then fell steadily, with a monthly decline of 9.35% and a monthly amplitude of 11.38%, which had a negative impact on propylene.

 

Epichlorohydrin market showed a ladder like decline this month, with a monthly decline of 12.80%, which has a certain suppression effect on propylene.

 

This month, the domestic n-butanol price dropped sharply in the first half of the month, and then fluctuated and stabilized in the second half of the month, with a monthly decline of 10.07% and a monthly amplitude of 20.50%. As there was a steady correction in the second half of the month, it had a slight negative impact on the propylene market.

 

The trend of octanol in this month is similar to that of n-butanol. It is also a rapid correction after the first half of the month. In the second half of the month, it fluctuates and stabilizes, with a monthly decline of 12.68% and a monthly amplitude of 22.82%, which has a negative impact on propylene.

 

In the first half of this month, isopropanol went down and then fluctuated and became stable. In the second half of this month, isopropanol showed a rapid upward trend, with a monthly rise of 7.85% and a monthly amplitude of 27.31%, which had a significant positive impact on propylene.

 

The phenol Market in East China fluctuated and stabilized after the downward adjustment at the beginning of this month, and rose significantly at the end of the month, with a monthly increase of 4.91% and a monthly amplitude of 9.60%, which had a little positive effect on propylene.

 

The acetone market in East China fell at the beginning of this month and then showed a ladder like upward trend, with a monthly increase of 21.54% and a higher monthly amplitude of 42.34%, which had a significant positive impact on propylene.

 

3、 Future forecast

 

Propylene analysts of business society chemical branch think: Overall, there is a certain pressure on the current inventory, crude oil prices slightly down, downstream polypropylene futures market is a little cold, trading is not high, downstream market mainly wait-and-see, the market is slightly better than bad, so it is expected that the future market or in situ shock of propylene in the near future, not excluding the possibility of a small increase.

Melamine

Crude oil prices rose for five consecutive days, polyester staple fiber futures and spot prices rose (1.29-2.5)

1、 Price trend

 

Benzalkonium chloride

According to the price monitoring of the business community, the spot price of domestic polyester staple fiber was strong this week (1.29-2.5). As of February 5, the average price of domestic polyester staple fiber spot market was 6590 yuan / ton, up 3.67% from last Friday’s price of 6357, and down 7.5% year on year. The quotation of most manufacturers has been increased by 200-400 yuan / ton. In the futures market, the main short fiber Futures (2105) closed higher on February 5, closing at 6776, 158 or 2.39% higher than last Friday’s closing at 6618. This week, international oil prices rose for five consecutive days, which led to a significant rise in PTA and glycol prices. With the increase of the cost, the number of shutdown and maintenance of the plant increased, the downstream goods were prepared, and the polyester staple fiber spot and futures showed a significant increase. However, affected by the Spring Festival holiday, the actual market transactions decreased, and polyester staple fiber may be stable and strong before the festival.

 

2、 Factors affecting price

 

1. PTA: the domestic PTA spot market trend is stronger this week. At the end of this week, the average price of domestic PTA spot market was 3995 yuan / ton, up 3.59% from the beginning of this week, and down 14.31% from the same period last year. International oil prices rose for five consecutive days this week. The cost rises sharply, PTA price is firm. With the coming of the Spring Festival, the terminal loom factories are gradually on holiday, and the start-up is declining. They have a more wait-and-see attitude towards raw materials, and the market transactions are decreasing.

 

2. Ethylene glycol: the domestic ethylene glycol spot market rose this week. At the end of this week, the average ex factory price of oil based ethylene glycol in North China was 4816 yuan / ton, up 5.09% from last Friday, almost flat on a year-on-year basis. Port inventory continued to decline, international oil prices continued to rise, glycol prices rose sharply. Affected by the policy of celebrating Chinese New Year in situ, the operation rate of ethylene glycol plant increased, and the operation rate of downstream polyester was also higher than that of previous years. However, the operating rate of terminal looms has declined obviously. It is expected that the polyester market will be under pressure after the Spring Festival, and the market of ethylene glycol may be affected.

 

3. Polyester yarn: the domestic polyester yarn market is running smoothly this week. This weekend, the spot market average price of 32S polyester yarn in Jiangsu, Zhejiang and Shanghai was about 14167 yuan / ton, the same as last week, with a year-on-year decrease of 1.35%. Recent pure polyester market quotation is stable, Spring Festival holiday, transaction decline. Downstream weaving factories and textile raw material traders have basically finished preparing goods before the Spring Festival, with more downtime and holidays, and the market is gradually cold.

 

3、 Future forecast

 

Business analysts believe that since the new year of 2021, crude oil, PTA continued to rise, the cost of polyester staple fiber support is obvious. With the end of downstream goods preparation, the polyester market gradually entered the vacation stage, the lack of actual transactions in the market, the market before the festival or stable trend, the industry is more optimistic about the supply and demand side of the market after the festival. Before the Spring Festival, affected by the increase of risk aversion in the market, the price rise of polyester staple fiber may be limited. However, at present, the crude oil market is still strong, the recovery of demand in the peak season after the Spring Festival is still possible, and the short-term polyester staple fiber may continue to show a strong oscillation trend.

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Rubber maintain range shock trend

With the digestion of the negative factors of liquidity tightening, the fundamentals of the superimposed rubber market are still optimistic. This week, the domestic Shanghai Rubber Futures 2105 contract bottomed out and rebounded, with the futures price dropping to 14325 yuan / ton. At present, it is still operating in the range of 14000-14500 yuan / ton.

 

Benzalkonium chloride

From the macro point of view, short-term macro atmosphere is empty and the expectation is changeable, which is still the biggest hidden danger hindering the upward trend of rubber price. The popularity of vaccination and the development of global COVID-19 will affect the short-term market sentiment, while the Federal Reserve, the European Central Bank, the Bank of Japan and the Central Bank of China will set the trend for the middle price of rubber prices. At present, there is still some uncertainty in the global epidemic situation, and the macro short atmosphere of rubber makes it difficult for rubber prices to start a sharp rise.

 

From the point of view of the supply side, the current domestic main production areas have entered a state of cutting stoppage. However, in Southeast Asia, the weather forecast of cooling occurred in Thailand, and thunderstorms occurred in most areas of Southern production area, which hindered the output of raw materials. According to the preliminary assessment, the flood will last until March 2021, which will have a great impact on the rubber plantations in southern Thailand. The per unit area yield of rubber trees will continue to decline from December 2020 to March 2021. In addition, affected by the rainfall and flood in January, four southern provinces in Thailand, namely narativa, Yala, songka and beidanian, suffered from serious rubber tree defoliation. It is reported that defoliation has reduced rubber production by as much as 60%. It is estimated that the income loss of rubber farmers in southern Thailand is about 4.075 billion baht, and the rubber production will decrease by about 80000 tons. If the problem of deciduous leaf disease becomes more and more serious in Tainan production area in the later stage, it may hinder a new round of tapping operation in the future, and the rubber price will be more strongly boosted.

 

From the perspective of demand side, in January 2021, China’s heavy truck market is expected to sell more than 180000 vehicles of various types, with a significant year-on-year growth of 54%. The monthly figure of 180000 vehicles has a different meaning. It means that at the beginning of 2021, the sales volume of the heavy truck market in January broke the historical record, creating a new high in January – about 63000 more than the previous historical record of January 2020 (116600 vehicles)! At the same time, it also means that the heavy truck market has set a new record for the tenth consecutive month – from April last year to January this year, the monthly sales volume of the heavy truck market has set a new monthly sales record, reaching a new high.

 

In the downstream tire industry, affected by the return of employees from other places and the rise of finished product inventory, the start-up of domestic tire enterprises has declined month on month since January. It is understood that the upcoming Spring Festival holiday, tire factories around Shandong Province have been working out plans to stop work and resume work during the Spring Festival. Among them, most tire enterprises in Dongying and Weifang of Shandong province plan to stop work and have a holiday around February 4 and return to work around February 19, which is consistent with the pace of stopping and starting work in previous years. Therefore, near the Spring Festival, the operating rate of downstream tire factories will continue to decline. According to the monitoring data, by the week of January 29, 2021, the starting load of all steel tires of tire enterprises in Shandong was 67.51%, down 1.42 percentage points from last week. The starting load of semi steel tire of domestic tire enterprises was 64.47%, 2.14 percentage points lower than that of last week. At present, the average inventory turnover days of semi steel tire enterprises are 37.61 days, while the average inventory turnover days of all steel tire enterprises are 41.75 days, which is lower than that of the same period in previous years.

 

At present, there are signs of the expected turn of domestic monetary policy after the festival, and there are potential risks, which are worthy of investors’ attention. In terms of Shanghai rubber market fundamentals, the supply side production reduction is still expected, and the downstream demand continues to be optimistic. It is expected that the game between macro and fundamentals will still appear in the later stage. The domestic Shanghai rubber futures are expected to maintain the oscillatory consolidation in the range of 14000-15000 yuan / ton, and the standard rubber 2103 is expected to maintain the oscillatory consolidation in the range of 10500-11000 yuan / ton.

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The market price of ammonium phosphate rose in January, but it was difficult to fall and easy to rise before the year

1、 Price trend

 

Benzalkonium chloride

According to the data of the business club’s block list, on January 29, the average ex factory price of powdered monoammonium was 2118 yuan / ton, and on January 1, the average ex factory price of powdered monoammonium was 2116.67 yuan / ton, up 0.6% in the month and 0.06% year on year

 

According to the data of the business club’s block list, on January 29, the average ex factory price of 64% diammonium was 2490 yuan / ton, and on January 1, the average ex factory price of 64% diammonium was 2440 yuan / ton, with an increase of 2.05% in the month and a year-on-year increase of 13.18%

 

2、 Market analysis

 

In January, the price of map increased by 0.6% within the month, with little increase. In the first half of the month, the price was relatively stable. With the arrival of the inflection point in the second half of the year, some enterprises suspended their quotation and received orders in limited quantity. In addition, the enthusiasm for downstream compound fertilizer preparation increased, the price of raw materials increased, and the price of monoammonium phosphate increased. At present, the price of 55% ammonium powder in Anhui Province is 2105 yuan / ton. In Hubei Province, the ex factory price of 55% powdered ammonium is 2050-2100 yuan / ton, and the ex factory price of 58% powdered ammonium is 2150-2200 yuan / ton. The ex factory price of 55% powdered ammonium in Henan Province is about 2050-2100 yuan / ton. The price of 55% ammonium powder in Shandong Province is 2150-2200 yuan / ton. The ex factory price of 55% ammonium powder in Sichuan is about 2000-2100 yuan / ton.

 

In January, the price of DAP increased by 2.05%. The trend of DAP was strong mainly due to the tight supply of goods in the yard, the rising raw materials, and the stable demand for winter storage. At present, the mainstream price of 64% diammonium in Hubei Province is 2600-2650 yuan / ton, and the mainstream price of 64% diammonium in Gansu Province is 2650 yuan / ton. The price of 64% diammonium in Yunnan is 2900-2980 yuan / ton. In Guizhou Province, the mainstream ex factory quotation of 64% diammonium is 2850 yuan / ton, while in Heilongjiang Province, the first station advance collection quotation of 64% diammonium rises to 2950-3050 yuan / ton.

 

The market of raw material phosphate rock rose in January, and the transaction price of phosphate rock in the plant moved towards the high end. The price increase was mainly in Guizhou and Guangxi, with an increase rate of 10-20 yuan / ton. Subsequently, the overall adjustment of phosphate rock market was limited, and the operation was mainly stable. With the coming of the festival, some terminal downstream enterprises in the domestic phosphorus ore market have stopped production one after another, and due to transportation restrictions, the enterprise trading atmosphere maintains the current situation. Most of the mines concentrate on the supply of early orders. The phosphorus ore analysts of the business community believe that the overall stable operation of the domestic phosphorus ore market is the main factor in the short term.

 

In January, the price of phosphorus chemical products rose generally. According to the price monitoring of business society, there were 5 kinds of commodities rising, 0 kinds of commodities falling and 0 kinds of commodities falling in January 2021. The main commodities that rose were yellow phosphorus (2.88%), diammonium phosphate (2.05%) and phosphate rock (1.68%), with an average rise and fall of 1.6% this month.

 

3、 Future forecast

 

According to the analysts of business news agency, the price of ammonium phosphate rose steadily in January, mainly due to the rising price of raw materials, the increasing support of cost, the tight supply of goods in the market, and the stable demand. In February, the atmosphere of price adjustment is still strong. The number of enterprises that stop reporting monoammonium phosphate increases, and the price rises again. The enterprise owners send orders, and the pressure of shipment is not big, so they are willing to support the market. DAP supply is not much, superimposed export demand is good, manufacturers have strong confidence in price support, and the industry is optimistic about the later market. To sum up, it is expected that the market of monoammonium phosphate and diammonium phosphate will remain warm in the short term, and the price is expected to rise.

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The market atmosphere is light and melamine market is mainly stable

1、 Melamine price trend

 

povidone Iodine

(Figure: p-value curve of melamine products)

 

2、 Market analysis

 

According to the monitoring sample data of the business agency, as of February 2, the average quotation price of melamine enterprises was 7033.33 yuan / ton, which was flat compared with last Tuesday (January 26), decreased by 3.21% compared with January 2, and increased by 19.89% year-on-year in a three-month cycle.

 

The recent melamine market is mainly stable, and the market atmosphere is light. In terms of equipment, the operating rate of melamine will gradually increase, and the supply will increase. As the Spring Festival approaches, downstream terminals will have holidays one after another. In addition, due to the influence of logistics and transportation factors, enterprises generally take goods, and some manufacturers mainly export. At present, the mainstream price of melamine in Shandong is around 7000 yuan / ton, the mainstream price of melamine in Xinjiang is around 6300 yuan / ton, and the mainstream price of melamine in Sichuan is around 6800 yuan / ton. The quotation is for reference only, and the actual price shall prevail.

 

Upstream urea, February 2, Shandong urea market temporarily stable. The downstream demand is tightening as a whole. In agriculture, the price of urea is relatively high and the agricultural procurement is cautious. In industry, due to the impact of air pollution control in some areas, plate enterprises shut down, and compound fertilizer enterprises started with general load, so the demand for proper follow-up. On the supply side, the early maintenance units started in succession, and the output increased steadily.

 

According to the price monitoring of the business community, on February 1, 2021, there were 20 kinds of commodities in the list of commodity price rise and fall in the chemical industry sector, including one commodity with a rise of more than 5%, accounting for 1.1% of the number of commodities monitored in the sector; the top three commodities were pure benzene (5.03%), butanone (3.64%) and ammonium chloride (3.24%). There were 9 kinds of commodities with a month on month decrease, and 2 kinds of commodities with a decrease of more than 5%, accounting for 2.2% of the number of commodities monitored in this sector; the top 3 products with a decrease were dichloromethane (- 12.01%), ethylene oxide (- 9.33%) and trichloromethane (- 4.00%). Today’s average rise or fall was – 0%.

 

3、 Future forecast

 

Melamine analysts of business news agency believe that the recent price rise of upstream urea and cost support are rising, but the downstream demand follow-up consumption is insufficient, and the market atmosphere is light. It is expected that the melamine market may be weak and stable in the short term, and the specific trend needs to pay more attention to the market news guidance.

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