According to the data monitored by the business society, the domestic first class industrial grade potassium nitrate quotation at the beginning of the week was 4450.00 yuan / ton, and that of domestic first class industrial grade potassium nitrate was 4500.00 yuan / ton at the weekend, up 1.12%, and the current price rose 7.78% on a month basis, and the current price was up 5.57% year on year.

This week, the domestic market of potassium nitrate rose, the market supply was tight, most of which was concentrated in the hands of large traders, covering the market and sparing sales, and the overall supply was low. Downstream market purchases on demand, market trading atmosphere is still acceptable, potassium nitrate market continues to rise. According to statistics of business agency: this week, domestic mainstream manufacturers of potassium nitrate offer 4200-4800 yuan / ton (quotation is for reference only), and different prices are different according to the purchase situation.

Recently, the quotation of the mainstream manufacturers of potassium chloride is at a high level: on May 21, the KCl equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. was in normal operation. The factory quotation is about 2400 yuan / ton, and the quotation is stable temporarily, and the actual transaction price is mainly negotiated. On May 21, the sales price of potassium chloride of Anhui Badao Chemical Co., Ltd. was about 2650 yuan / ton, and the quotation was stable temporarily, and the actual transaction price was mainly negotiated. Recently, the potassium chloride market was in high consolidation, and port inventory continued to decrease, and the price remained high. Cost support is good, and it is favorable for the upward trend of potassium nitrate.

In recent years, the domestic potassium chloride market is in a state of stop sale. Large traders mainly cherish the sale, and the cost support is good. It is expected that the market of potassium nitrate will be mainly rising in the short term, and the long-term market still needs to be seen（ The above prices are provided by major manufacturers of potassium nitrate all over the country and analyzed by the potassium carbonate analysts of business society. For reference only, please contact relevant manufacturers for more details.

1、 Trend analysis

As shown in the figure above, copper prices rose slightly this week, with spot copper quotation of 71971.67 yuan / ton as of the weekend, down 3.51% from 74591.67 yuan / ton at the beginning of the week, 24.19% higher than the beginning of the year, up 61.35% year on year. LME fell after the copper rush rose $10525 in March this week, closing at $9946, down 2.81% a week; Shanghai copper index was in high volatility at the beginning of this week, and it fell under pressure after the middle of the week, falling below 71840 yuan, closing at 72180 yuan, down 3.43% a week. The international copper index, which was closed this week, closed at 64130 yuan, down 3.68 per cent a week.

On the macro level, monetary policy may turn to the rebound of the dollar, the continuous decline of international oil prices drag down commodities and China will curb unreasonable rise in commodity prices, leading to a sharp correction in copper prices. On the supply side, commodity traders and miners Glencore plans to restart the operation of the mutanda cobalt mine in the Democratic Republic of the Congo next year. Mutanda is the world’s largest cobalt mine, and it also produces a large amount of copper. The production of copper deposits of major copper enterprises in the world is planned to increase, and the expectation of loose copper supply in the long term has been raised. In terms of demand, high cost continues to squeeze the cable industry profits, and the downstream consumption peak season is not strong. It is expected that the short-term fluctuation of copper price will maintain a weak trend.

According to the data monitored by the business agency, as of May 20, the average price of PMMA was 17233.33 yuan / ton, the market maintained stable operation, the quotation range of mainstream manufacturers was about 17000 yuan / ton, the focus of negotiation was stable, the downstream just needed to purchase, and the trend was stable in the short term.

The market price of phenol in the upstream is strong, the traders support the price of shipment, the on-site negotiation is slightly flat, the shipment is general, the market inquiry increases but the actual order is general, and the terminal is mainly just need to follow up. Phenol commodity index: on May 19, the phenol commodity index was 74.40, unchanged from yesterday, down 25.60% from the highest point of 100.00 in the cycle (2011-09-01), and up 99.79% from the lowest point of 37.24 on April 7, 2020（ Note: period refers to the period from September 1, 2011 to now

Business community PMMA analysts believe that: general demand, normal inventory, PMMA prices run smoothly in the short term（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.

1、 Price quotation

The price of 3128b lint was around 15936 yuan / ton on the 19th, according to the data of business news agency.

This week, the domestic cotton spot market remained stable, 19 China cotton price index 3128b level 15925 yuan / ton, flat with yesterday. Cotton mainly showed a slight shock. In the off-season of textile industry, most textile enterprises focused on rigid demand and purchased in small batches. In terms of futures, Zheng Mian’s volatility remained stable. On the 19th, the main contract 2109 of Zheng Mian opened at 15780 yuan / ton and settled at 15720 yuan / ton. Ice cotton, due to the decline of the US dollar index on the 18th, the cotton period changed from continuous decline to improvement, and the weather situation needs to be paid attention to in the future.

According to customs statistics, in April 2021, China imported 230000 tons of cotton. In 2021, China imported 1.2 million tons of cotton and 230000 tons of cotton yarn. In 2021, China imported 800000 tons of cotton yarn. By the end of April, the national cotton commercial inventory was 4132100 tons, which was 449100 tons less than that of last month and 108100 tons less than that of the same period last year, and was the second highest in the same period of nearly four years.

Forecast: Textile off-season arrival, enterprises take goods will not be strong, downstream on-demand procurement, it is expected that the future of cotton or shock down.

1、 Price quotation

According to the data of the business association, the price of 32 pieces of cotton yarn is about 25700 yuan / ton.

Analysis: the cotton yarn market trading has improved compared with that before the festival, and the mentality of textile enterprises has improved. Cotton yarn inventory continued to decline, the load remained at last week’s level, the gray end was still weak, some orders increased, and the overall delivery was general. In terms of imported yarn, the transaction situation of imported yarn this week has improved compared with that of last week. The port inventory of imported yarn has decreased slightly, the price is mainly stable, and there is no arbitrage opportunity for the internal and external price difference. The inquiry and delivery of imported combed yarn in the coastal textile markets are slow, and the buyers and sellers are not in a high mood. The epidemic situation in India and its neighboring countries continues to spread, resulting in the return of some foreign trade orders.

Macro aspect: China’s textile and garment export value was 65.11 billion US dollars, a year-on-year increase of 44%, and a 15.6% increase compared with the same period in 2019. Among the main export products, the export volume of clothing reached 33.3 billion US dollars in the first quarter, with a year-on-year growth of 47.7%. According to the survey data of China Textile Industry Federation, the prosperity index of China’s textile industry in the first quarter was 57.1, which was above the 50 boom and bust line for four consecutive quarters, indicating that the production and operation situation of the textile industry and the general trend of market expectation were good, and the enterprise’s development confidence was enhanced.

Upstream and downstream: the domestic cotton spot market is stable this week. Recently, the cotton in northern and southern Xinjiang has entered the seedling stage one after another. The strong wind and cold wave all over the country make several places have the demand of replanting or replanting. In the west of the United States, there was a continuous drought, and the scope of drought gradually expanded and covered Texas, the main cotton area in the southwest. The epidemic situation in India is fierce, and the impact of planting is unknown, but for the domestic textile industry, the expectation of foreign single return is increasing. The orders of grey cloth Market in China are better than those before the festival, and the continuous situation of orders is concerned in the follow-up.

In general, the cotton yarn Market Trading improved, the upstream raw material support is strong, textile enterprises cotton yarn inventory decline accelerated, cotton yarn spot price trend is good, it is expected that the future market will be stable and upward.