Xinhua News Agency, Xining, August 22 (Reporter Luo Xiaofei, Deng Wanli) After 60 years of development and construction, China’s potash industry has been expanding, from relying entirely on imports to the current self-sufficiency rate of nearly 60%, greatly enhancing the right to speak in the international potash market and promoting China’s food production.

This is what the reporter learned from the 2018 Potash Potash Conference and the Golmud Salt Lake Forum on the 21st. Potassium is one of the three major nutrient fertilizers for crops, and plays a pivotal role in ensuring agricultural production and food security. China is a country with potassium deficiency, and its resource reserves only account for about 2% of the world.

It is understood that China’s proven resource reserves are mainly in the Salt Lake Potash Mine, mainly distributed in the Qaidam Basin of Qinghai and the Lop Nur area of Xinjiang. With the completion of the two major potash bases, especially in the past ten years, China has broken through the low-grade solid potassium salt, tailings utilization, deep brine mining and other technologies, so that the potassium salt can be multiplied.

It is located in Chaerhan Salt Lake, Golmud City, Haixi Mongolian Tibetan Autonomous Prefecture, Qinghai Province, with a total area of 5,856 square kilometers. It is the largest soluble potassium and magnesium deposit in China. In 1958, the first batch of Salt Lakers went deep into the Gobi desert, overcoming the harsh natural conditions, and relied on people to pull the shoulder to produce 950 tons of potash, officially opening the prelude to China’s potash industry production.

In the past 60 years, China’s potash industry has grown from scratch, from small to large, from weak to strong, forming a complete set of industrial systems such as scientific research, design, equipment manufacturing, construction and installation, production, sales, and agrochemical services. The strength has been continuously enhanced, and its potash production technology and single-set production capacity have reached the international leading level.

On August 17, according to media reports, an internal internal memo obtained earlier on Friday showed that the main union of the Caserones mine in Chile had accepted a revised contract proposal from the employer, thus avoiding the threat of strike.

First, the price trend

According to the price monitoring of the business community, as of August 15, the average domestic methanol market price was 2,988 yuan / ton, the overall market conditions rebounded slightly, the price rose 27.81% over the same period last year.

Second, the market analysis

Products: The domestic methanol market has been boosted by the futures surge. The two ports in East China and South China have risen by 70-130 yuan/ton. Some of the low-end follow-ups are good, but with the partial shipments gradually In Hong Kong, the amount of concealed goods in the reservoir area has increased significantly, and it is necessary to pay close attention to the outflow of this part of the volume. The new price of the main methanol producing area in the Mainland is 2590-2620 yuan/ton, and some shipments are still acceptable. Under the market phase, the center of gravity of Lunan, Shanxi and Henan will be moved up cautiously, but the local downstream receiving is still positive.

Industry chain: Formaldehyde: Recently, the domestic formaldehyde market has a general trend. Due to the decline of raw materials, the local trading atmosphere is slightly more general. Acetic acid: The domestic glacial acetic acid market has risen steadily. Due to the recent company’s downside, short-term failure and planned maintenance news, the company’s spot continued to be tight, so some offers rose. Downstream buying is just needed, and the acceptance of acetic acid price increases is not good. Dimethyl ether: The terminal deducted the market and digested the inventory. Most of the companies’ sales pressure increased significantly in recent days, but the inventory level was overall controllable, and the overall price trend of dimethyl ether stabilized.

Third, the market outlook

Business community view: On the positive side, under the influence of environmental protection, Shanxi and North Jiangsu coke oven gas methanol projects are still affected. Although some methanol plants in northern Jiangsu have been restored, but the products have not yet been produced, the resource supply in the region is still in a state of tension; Jiangsu MTO The annual overhaul has been basically completed. It is expected that the restart will be expected in advance, and it needs to be closely watched. At present, the external disk negotiation is still firm, and the Southeast Asian large-scale installation plans to be overhauled in the near future. At that time, the subsequent supply will shrink, specifically to be tracked; methanol, PP and PTA, etc. Commodity futures rose again, and continued to consolidate at a high level, which is good for the operator’s operational mentality. For the bearish side, the overall demand for downstream demand at the current stage is still cautious. The transfer of local cargo volume in Shandong and North China to the downstream is temporarily general, and some buyers are mainly waiting to see; the domestic and import arrivals are relatively concentrated recently, and the port inventory is still in place. Slowly accumulating; in the previous period, the amount of land and deck cover was large, and the domestically produced domestic cargoes were gradually concentrated in the port impact, so be vigilant. The methanol analyst of the business community expects that in the short-term market, there is no major change in the supply and demand side of the methanol market. The low inventory of the manufacturers and the downstream demand are general. The market is cautiously operating. The market is expected to be short-term, and the downstream receiving goods will be Hong Kong and futures trends, etc.

On August 13, according to data from the Peruvian Central Bank website, Peru’s copper export profit in June this year contrasted with 1.19 billion US dollars in June last year. In June, copper revenue also exceeded the country’s 1.5 billion in September 2017. A record of dollar income. In June this year, Peru’s gold export profit was 670 million US dollars, and zinc export profit was 223 million US dollars.

First, the price trend

According to the price monitoring of the business community, the aggregate MDI price for this month closed at 19,633 yuan / ton, down 950 yuan / ton from last week, down 4.62% from the previous month.

Second, the analysis of influencing factors

Product: The domestic aggregate MDI market declined broadly. Linyi Santong Chemical Technology Co., Ltd. reported PM200 19500 yuan / ton; Guangzhou Boshun Chemical Co., Ltd. MR200 19200 yuan / ton, PM200 20000 yuan / ton; Nanjing Carbon Green Chemical Co., Ltd. reported MR200 20000 yuan / ton; Zhangjiagang Free Trade Zone Asian International News MR200 19,800 yuan / ton, 44v20 19,500 yuan / ton.

Industry chain: This month’s aggregate MDI is affected by the import of goods, the price is wide, the downstream demand is sluggish, the demand is constrained, the industry’s mentality is pessimistic, and the diversified inventory is actively shipped. The support of the supplier is not obvious, pay attention to the latest price and supply policy of the manufacturer.

III. Conclusions and prospects

Business analysts believe that the current price of aggregated MDI is falling and demand is weak. Buying a house dominates the market and pays attention to the latest price and supply policy of the manufacturer.