Author Archives: lubon

Acrylic acid market stabilized temporarily on June 25

I. Acrylic acid price trend:

The average acrylic acid price as of June 25 was 7,500.00 yuan/ton, which was the same as on June 24. The market was temporarily stable, down 8.16% compared with last month 25.

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II. Market analysis:

Product: Acrylic acid market is stable for the time being. The price of raw materials market is high and stable, the cost is rising, the profit is shrinking, the pressure of factories is high, the downstream is just in need of replenishment, gas purchasing is general, cautious wait-and-see is the main. As of the 25th, the mainstream price of acid in South China is around 7350 yuan/ton, in East China around 7100 yuan/ton, and in North China around 7150 yuan/ton.

Industry chain: The market price of upstream propylene in Shandong Province is stable. The price of propylene enterprises began to rise again on June 19, and rose to June 22 (Saturday), June 23 (Sunday) and began to stabilize. At present, the main market turnover is about 7600-7750

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yuan/ton.

3. Future market forecast:

According to business associations, the short-term domestic acrylic acid market may be dominated by stable operation.

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The price trend of cryolite market was stable this week (6.17-6.21)

Price Trend

According to the data of business associations, the price trend of cryolite market was stable this week, and the average price of cryolite market was stable at about 6366.67 yuan/ton in the week, down 2.48% from the same period last year.

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II. Market Analysis

Product: Cryolite prices are running smoothly this week, and there is no price adjustment for manufacturers. Up to 21 days, Zibo Kunyu Industry and Trade Cryolite quoted 6500 yuan/ton; Changshu Hongjiafu Co., Ltd. Cryolite quoted 7300 yuan/ton, up 100 yuan/ton; Jiaozuo Minli Industrial Cryolite quoted 7000 yuan/ton; Zhengzhou Tianrui Cryolite quoted 6000 yuan/ton, down 500 yuan/ton; Shandong Botao Group Co., Ltd. Cryolite price 7000 yuan/ton, down 200 yuan/ton.

Industry Chain: Domestic fluorite market price rose slightly this week, weekend price was 3075.00 yuan/ton, compared with 3062.50 yuan/ton at the beginning of the week, increased 0.41% in the week and 18.73% year-on-year. Domestic fluorite prices rose slightly this week, and the start-up rate of fluorite plants did not change much, but downstream demand improved, the spot supply of fluorite was tight, and fluorite prices rose slightly due to various factors. Downstream electrolytic aluminium: This week’s price fluctuation downward, the price at the beginning of the week remained at about 13963.67 yuan/ton, the weekend was about 13900.00 yuan/ton, the price fell by 0.26%.

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3. Future Market Forecast

Analysts of the cryolite industry of Business Society Chemical Branch believe that the price of fluorite in the upper reaches of cryolite has increased slightly, while the price of aluminium in the lower reaches has decreased slightly, and the market of cryolite is expected to maintain stable operation in the later period.

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The adipic acid market has slumped this week and will continue to consolidate in the near future (6.17-21)

Price Trend

According to the data of business associations, the domestic adipic acid market has not changed much this week compared with last week. In some areas, the price of adipic acid has fallen slightly. The quotation of dealers is on the low side, with the overall decline of 0.21%. By the end of the weekend, the quotation is generally between 7900 and 8200 yuan/ton.

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II. Analytical Review

This week, adipic acid market performance is weak, the market is weak, the market atmosphere is slightly cold, distributors actively shipped mainly, adipic acid market compared to last week’s price has 50 yuan/ton decline, the market maintained a weak volatile pattern, at present, the downstream market buying and not buying and falling mentality intensified, trading slightly stalemate, business space to concede profits. Social inventories are still under pressure, with shipments slightly lower than last week.

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On the supply side, the supply pressure is still not small. Many distributors say that the inventory pressure is high, the start-up rate of the plant is high, and the inventory of the manufacturer also shows some pressure. This week, the distributors take goods one after another. At present, the market is still mainly de-stocked. Therefore, the low-price supply is flooding the market, and the overall supply pressure of the market is high, which leads to the strong willingness of the distributors to reduce prices to inventory, so the transaction is concluded There is room for concession. Market price quotation and actual transaction still have price difference. The quotations of distributors in North China, East China and South China have been adjusted to varying degrees. Most of the districts remain weak.

In terms of demand, the downstream demand lacks substantial improvement, the downstream start-up rate is still slightly insufficient. The start-up rate is about 50%. The upstream adipic acid does not form a strong boost. The market is still in the depot cycle. In addition, the cost side also makes adipic acid show some pressure. The upstream pure benzene price continues to hover at a low level, and the downstream adipic acid yields profits due to the low cost side. It is possible. According to the monitoring of business associations, the reference price of East China market is about 7900-8200 yuan/ton, and the price of South China is generally between 8000-8300 yuan/ton.

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3. Future Market Forecast

The analysts of adipic acid in the chemical branch of business association believe that the current market is weakening, the supply of adipic acid is excessive, the market inventory is gradually high, and the later stage of the market may fall into a weak stage. Therefore, the Business Association believes that adipic acid market is difficult to improve greatly in the short term, and the market may remain weak in the near future.

Analysis of Domestic Silicone DMC Market in China this week (6.17-6.21)

Price Trend

According to the monitoring data of business associations, this week the silicone market is still in a low-price stable state, and it is still off-season for more than half of June. At present, the lowest quotation of DMC market is around 15,600 yuan/ton, and the quotation of traders is around 17,000 yuan/ton.

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II. Market Analysis

Products: This week, domestic silicone continues to be in a weak downward trend. After a sharp decline in the market, demand has not improved significantly. The profits of upstream enterprises of silicone have been greatly reduced. The overall start-up rate of manufacturers has declined. This week, some manufacturers closed the market without reporting. Parking overhaul of some monomer devices has been prolonged. The Trading atmosphere in the market remains cautious. A small number of traders have slightly lowered D. MC product quotation.

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Industry Chain: The price of upstream product metal silicon has been slightly lowered in many areas this week, the product start-up rate is not high, the market supply of low-price goods has increased slightly, and it is expected that the recent price shocks will be mainly weak.

3. Future Market Forecast

Business analysts believe that: for the current form of silicone DMC, ultimately depends on the market demand for products, determine the follow-up trend of products.

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China’s domestic hydrofluoric acid market rose on June 19

On June 18, the hydrofluoric acid commodity index was 107.89, up 0.09 points from yesterday, down 23.17% from the peak of 140.43 points in the cycle (2018-02-21), and up 101.32% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

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According to statistics, the domestic market price of hydrofluoric acid rose on the 19th. Up to now, the domestic market price of hydrofluoric acid is 1,1940 yuan/ton, and the domestic start-up rate of hydrofluoric acid is less than 60%. Enterprises reflect that the supply of hydrofluoric acid on the spot is tight at present. Recently, the market situation of hydrofluoric acid has improved. Due to the higher raw material fluorite, some hydrofluoric acid manufacturers have raised the ex-factory price, and the market price trend of hydrofluoric acid is on the rise. Rise. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 11500-12000 yuan/ton, while the price of hydrofluoric acid in the northern market is 11500-12500 yuan/ton. Domestic hydrofluoric acid market prices increased, spot supply decreased slightly, but demand did not change very much, the price trend of hydrofluoric acid Market rose.

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Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price shocks. Recent downstream refrigerant market transactions have improved, R22 refrigerant plant surface started at 60%, R22 market device start-up rate is temporarily stable, the main production enterprise bulk water factory offer price is between 18,000-19,000 yuan/ton, but the production enterprise does not have bulk water spot, mainly a small number of cylinders shipment. In addition, the actual demand side of the market has not changed much, and the delivery market has increased. The domestic market price trend of R134a is not good, the start-up rate of production enterprises remains low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price has not changed much. Businessmen purchase on demand. Recently, due to the shortage of supply, the price trend of hydrofluoric acid market has risen.

Refrigerant on-site transactions are general, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is normal, but the spot supply of hydrofluoric acid is tight, Business Analyst Chen Ling believes that the hydrofluoric acid market may continue to rise.

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