Category Archives: Uncategorized

On March 7, the market price of propane increased significantly

According to the data monitoring of business agency, the average price of propane in Shandong market was 7163.25 yuan / ton on March 4 and 7438.25 yuan / ton on March 7, with an increase of 3.84% during the period, an increase of 21.03% compared with February 1.

 

On the 7th, the domestic propane market price increased actively, and the increase range of Shandong propane market was 200-300 yuan / ton. The sharp rise in international crude oil prices has brought some support to the market. There is little pressure on market supply, but the demand is relatively weak. It is expected that the price of propane market will be strong in the short term.

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The market recovered, and the price of ammonium sulfate stopped falling and rebounded (2.28-3.4)

1、 Price trend

 

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According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1195 yuan / ton on February 28 and 1208 yuan / ton on March 4. The price of ammonium sulfate increased by 1.12% this week.

 

2、 Market analysis

 

In the early stage, the price of ammonium sulfate continued to fall. This week, the ammonium sulfate market gradually warmed up, and the market rebounded and rose. There was a strong rally atmosphere in the market, and traders actively pushed up. The bidding price of coking grade ammonium sulfate enterprises has been raised, and the internal grade ammonium sulfate is mainly supplied to old customers. The downstream demand side followed up in general, and was resistant to the high price of ammonium sulfate. As of March 4, coking grade ammonium sulfate, the mainstream factory quotation of ammonium sulfate in Shandong is 1200-1300 yuan / ton, the mainstream factory quotation of ammonium sulfate in Hebei is about 1200 yuan / ton, and the mainstream factory quotation of ammonium sulfate in Shanxi is 1100-1250 yuan / ton. Hexene grade ammonium sulfate, the factory quotation in Shandong is 1300-1350 yuan / ton.

 

This week, the downstream compound fertilizer was put into operation at a high level. Due to the rising price of compound fertilizer raw materials, most compound fertilizer enterprises have suspended their quotation. Most of the participants were optimistic, with a strong rising atmosphere, and the willingness of enterprises to support prices was obvious. In the short term, the high level of compound fertilizer is strong, and the market is mainly upward.

 

3、 Future forecast

 

The ammonium sulfate analyst of business society believes that at present, the trading atmosphere of ammonium sulfate is good, and the manufacturer sells at a high price. The downstream is mainly on-demand procurement, the demand side is waiting to be released, and the rising space is limited. The rise of urea is good for the market of ammonium sulfate. It is expected that ammonium sulfate will operate steadily and upward in the short term, mainly with small fluctuations.

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The price of caprolactam rose on March 3

Trade name: caprolactam

 

Latest price: 13612 yuan / ton

 

Key points of analysis: the price of caprolactam rose on March 3, up 0.55% compared with the previous trading day. Due to the rising price of crude oil and the rising price of raw material pure benzene, caprolactam raw material supports the good. Under cost pressure, some caprolactam enterprises raised prices. In the short term, the raw material market continues the upward trend, and caprolactam is rising steadily. It is recommended to pay attention to cost side changes.

 

Future forecast: the price of caprolactam will continue to rise in the short term.

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On March 2, the magnesium market was flat and the price fell under pressure

According to the data monitoring of business society, 99.9% of the factory price including tax in mainstream areas was 44500 yuan / ton on the 2nd, down 1.48% on the previous trading day, and the magnesium price was weak.

 

The metal magnesium market continued to decline, mainly due to the lack of demand support, the lack of follow-up to high prices in the downstream, the rapid speculation in the early stage was difficult to maintain, and the actual transaction of the factory was quite flat; On the supply side, the magnesium plant is currently stable in production and the market inventory is increasing day by day. Under the market pattern of oversupply, the magnesium plant is willing to actively consume the inventory and deliver at a low price. The price of magnesium ingots may be weakly and stably consolidated in the short term.

 

Business analysts believe that the price of magnesium ingots may be weak and stable in the short term.

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On March 1, the market price of sulfur increased by 6.51% in a single day

Trade name: sulfur

 

Latest price (March 1): 2400.00 yuan / ton

 

Key points of analysis: according to the price monitoring of business agency, the price of sulfur in East China today is 6.51% higher than that of yesterday. The domestic sulfur market is strong and upward. The fixed sulfur in East China is increased by 200 yuan / ton, while the liquid sulfur is only increased by 50 yuan / ton for individual manufacturers, and other quotations are stable; The price of solid sulfur liquid in Shandong Province increased by 120 yuan / ton; In North China, the fixed sulfur is increased by 30-60 yuan / ton and the liquid sulfur is increased by 60-100 yuan / ton. There is no inventory pressure on domestic refineries, and the quotation closely follows the changes of market news. Due to the severe international situation, the freight of imported sulfur increases, the port supply is limited, and the price is mainly supported by the cargo holders. The downstream demand for domestic refineries increases. Due to the weakening of sulfuric acid market, the price of liquid sulfur changes little, while the demand for phosphate fertilizer is stable, and the port market stimulates the sharp rise of sulfur fixation price.

 

Future forecast: the future sulfur market will be sorted out at a high level, with specific attention to the downstream follow-up.

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