According to the nickel price monitoring of the business club, on the 22nd, the average nickel market price was now quoted at 206300 yuan / ton, down 2.79% from the previous trading day and up 56.8% year-on-year.

The currencies of major economies contracted, worries about global economic recession and declining demand rose, and non-ferrous metals generally fell. A large number of nickel ore shipments from the Philippines and the launch of nickel iron production capacity in Indonesia led to an increase in supply, a change in supply and demand pattern and a weakening of nickel price support. The downstream stainless steel plant has raised prices, the spot trading is OK, and the spot price of stainless steel has rebounded. 300 series inventory further decreased, but with the decline of nickel pig iron price, stainless steel cost support also continued to weaken. In addition, most of the steel mills have faced losses. In the future, the steel mills may reduce production or increase production, and the demand for nickel will be weakened.

Forecast: under the condition of strong supply and weak demand, the short-term fluctuation of nickel price is mainly weak.

On June 21, the price trend of domestic fluorite was temporarily stable. The average price of domestic fluorite was 2661.11 yuan / ton. The fluorite trading and investment in the site was general. The mine was generally started under the influence of environmental supervision. The fluorite raw ore price remained high, and the flotation cost of the concentrator was still supported. However, the downstream hydrofluoric acid market remained low. The recent commencement of fluorite units in the North was relatively normal, and the site supply was slightly tight, so the fluorite price in the site was temporarily stable. The mainstream price of fluorite in the field negotiation is stable. The delivery price of 97 fluorite wet powder in Inner Mongolia is 2500-2600 yuan / ton, the mainstream price of 97 fluorite wet powder in Fujian is 2650-2750 yuan / ton, the price of 97 fluorite wet powder in Henan is 2600-2750 yuan / ton, and the price of 97 fluorite wet powder in Jiangxi is 2650-2750 yuan / ton. The market trend of downstream refrigerants is low, and the field reaction is that the supply of fluorite is tight. It is expected that the domestic fluorite price trend will be stable temporarily.

In terms of cost, East China port inventory continued to increase, superimposed crude oil, external market weakened in a wide range, external news was loose, and the domestic market followed suit. Downstream styrene fell and the market was bearish. Today, the price of pure benzene in China is 9300-10000 yuan / ton.

Pure benzene continued to decline and aniline’s profit margin rebounded. Downstream demand is acceptable, aniline enterprises have no inventory pressure, and aniline is operating at a price. Today, the price in Shandong is 11700-11900 yuan / ton; The price of aniline in East China is 12500 yuan / ton.

This week (6.10-6.17), the market of nitrile rubber was weak and fell. According to the monitoring of business community, the price of nitrile rubber as of June 17 was 20875 yuan / ton, down 3.80% from 21700 yuan / ton on June 10.

This week (June 10-june 17), Lanzhou Petrochemical’s 100000 t / a nitrile rubber plant was in normal operation, and alantai rubber and Ningbo shunze’s 95000 T / a nitrile rubber plant were shut down. The start-up of the nitrile rubber industry decreased compared with the previous period, but the supply of nitrile rubber in the market was still relatively sufficient except for some brands. On Monday, Lanzhou Petrochemical lowered the listing price of nitrile rubber. According to the monitoring of business agency, as of June 17, Lanhua nitrile n41e reported 20000 yuan / ton; RMB 20500 / ton for 3305e; RMB 21900 / ton for 3308e; 2808 quoted 20200 yuan / ton.

This week (6.10-6.17), the prices of butadiene and acrylonitrile fell, and the cost side weakened. According to the monitoring of business agency, as of June 17, the price of butadiene was 11290 yuan / ton, down 6.67% from 12096 yuan / ton on June 10; As of June 17, the price of acrylonitrile was 11080 yuan / ton, down 1.42% from 11240 last Friday.

The downstream operation of nitrile rubber is low, and the demand side is weak. According to the business agency, the downstream insulation foaming, rubber hose and other industries started in the vicinity of 50-60%, and most of them purchased on demand. The market of nitrile rubber fell slightly.

Future forecast: NBR analysts of business agency believe that the current supply and demand of NBR is slightly deadlocked, but the pressure on the maintenance supply side of some manufacturers has eased. It is expected that the NBR market will be in a state of shock consolidation in the short term.

According to the monitoring data of business agency, the domestic ethanol price was 7500 yuan / ton on June 16, down 1.10% month on month and up 8.30% year on year. The demand performance is average, and the actual order is weak.