Category Archives: Uncategorized

On August 16, the price of caustic soda was adjusted

According to the survey data of the business association, the price of caustic soda is adjusted and operated. The overall shipment of the market is relatively stable, the operating load of downstream alumina enterprises is not high, the market wait-and-see mood is strong, and the demand continues to be weak. It is comprehensively predicted that the recent weak caustic soda price will be dominated by consolidation, and the specific demand of the downstream market will be seen.

sulphamic acid

On August 15, the market of acetic acid fell sharply

On August 9, the price of acetic acid in East China was 3212.50 yuan / ton, down 4.10% from the previous working day. At the weekend, the price of acetic acid enterprises was significantly reduced. The market of acetic acid continued to operate in a weak manner, with sufficient supply in the field and limited downstream demand. In order to maintain the pace of shipment and make profit, the carriers actively shipped, the market center of gravity shifted downward, the supply and demand game in the field, and the short-term downstream demand was not likely to improve. The market support was weak. It is expected that the market of acetic acid will continue to operate in a weak, Pay specific attention to the market transactions.

Sulfamic acid 

Weekly evaluation of polycarboxylic acid water reducer monomer (August 8-august 12)

During the week, the monomer price was stable, the supply of ethylene oxide was tight, and it was difficult for the market to fall in the short term. However, the continuous small drop of ethylene suppressed the market mentality. Monomer manufacturers are still in the market, the demand side still needs to be purchased, and the improvement power of monomer terminal demand is insufficient. It is still difficult to meet the demand for raw material ethylene oxide.

 

Forecast: weak demand and stable operation temporarily.

sulphamic acid

On August 11, the nickel price rebounded at a low level

According to the nickel price monitoring of business agency, on the 11th, the average price of nickel spot market was 182166.67 yuan / ton, up 4.18% from the previous trading day and 29.17% year-on-year.

 

On the 11th, the nickel price rebounded at a low level. Recently, the nickel price has continued its low and wide fluctuation trend. The macro environment improved. The CPI of the United States dropped sharply to 8.5% in July. At the end of July, the quarter on quarter CPI rose by 0%, the expected increase was 0.2%, and the previous value rose by 1.2%. The expectation of 75 basis points interest rate hike dropped sharply, the US dollar fell sharply, non-ferrous metals rebounded generally, and LUNI nickel closed up 4.5% overnight. The production capacity of Indonesian nickel ore and ferronickel in the overseas market has increased rapidly. Recently, the profit window of refined nickel import has been continuously opened, and the domestic electrolytic nickel supply is expected to be loose. In July, the apparent consumption of domestic nickel rebounded compared with the previous period, and the domestic pure nickel inventory was in an absolute position. In addition, the recovery of overseas nickel mines eased the tight situation. Indonesian nickel iron, wet intermediate products and high matte nickel gradually flowed in, and the excess pressure on the supply side remained unchanged. Due to the implementation of production reduction in the downstream stainless steel, the high inventory has gone through certain decontamination, but the overall demand is still less than expected.

 

Forecast: the supply and demand of nickel tends to be loose, and it is expected that the nickel price will remain low and fluctuate widely.

Sulfamic acid 

On August 10, the asphalt market was sorted out

According to the monitoring data of the business agency, on August 10, the average price of petroleum asphalt manufacturers in Shandong was 4367 yuan / ton, which was the same as that of the previous trading day, with a month on month decrease of 2.38% and a year-on-year increase of 28.19%. The main contract of asphalt futures 2209 closed at 4115 yuan / ton, up 1.5%.

 

The international crude oil mainly fluctuates in a narrow range, the asphalt market fundamentals are supported, the overall inventory pressure is limited, and the futures market surges. In terms of spot goods, the quotations of manufacturers and traders are large, stable and small, and the range of change is about 30 yuan / ton. The market supply and demand are basically in balance. Due to the influence of weather conditions, the downstream construction is not smooth, and the demand is slightly depressed.

 

In the short term, the domestic asphalt market is dominated by consolidation.

sulphamic acid