1、 Price trend

According to the monitoring of bulk commodity data, the market price of titanium dioxide is basically stable this week. The average price of domestic titanium dioxide is 15933.33 yuan/ton.

2、 Market analysis

The market price of titanium dioxide is basically stable this week. Stabilizing the market situation has enhanced the confidence of the trading and investment market. The turnover of new orders of titanium dioxide enterprises has improved, and some enterprises have started to improve. However, the market is about to enter the slack season, and downstream demand is still less than expected. The actual transaction price is discussed separately. Up to now, most domestic rutile titanium dioxide quotations are between 15000-17000 yuan/ton; The quotation of anatase titanium dioxide is about 14000-14500 yuan/ton.

In terms of titanium concentrate, the price of titanium concentrate in Panxi increased slightly. At present, the overall trading and investment of the market is average, while the downstream market is on the sidelines. There is a limited number of new orders in the market, and the overall market is strong. Up to now, the quotation excluding tax of 38-42 grade titanium middling ore is about 1400-1420 yuan/ton, the quotation excluding tax of 46 grade 10 titanium concentrate is about 2050-2150 yuan/ton, and the quotation of 47 grade 20 titanium concentrate is about 2300-2400 yuan/ton. In the short term, the transaction of titanium concentrate market is general, the overall market is relatively strong, and the actual transaction price is discussed separately.

In terms of sulfuric acid, the domestic sulfuric acid market price fell this week. The price of sulfuric acid decreased from 404 yuan/ton last Thursday to 346 yuan/ton this Thursday, a decrease of 14.36%. The sulfur market has declined slightly recently, and the cost support has weakened. The downstream hydrofluoric acid market rose slightly, the titanium dioxide market was consolidated at a low level, and the downstream customers were generally motivated to purchase sulfuric acid.

3、 Future market forecast

According to titanium dioxide analysts from the Business Club, the price of titanium concentrate in Panxi increased slightly this week. More than 20 domestic enterprises of titanium dioxide have sent letters to declare their growth, which has well stabilized the market. It is expected that the price of titanium dioxide will be stable in the short term, and the actual transaction price will be discussed separately.

On November 16, the domestic ethyl acetate market was weak. Today, the price continued to fall, with a range of about 50 yuan. Since this week, the ethyl acetate market has been exploring, and large factories have made sporadic downward moves. This week, Shandong and Jiangsu large factories have experienced a drop of more than 100 yuan. At present, Shandong large factories have changed from auction to retail, and the reduction of retail prices has depressed the market mentality. For raw materials, the price of acetic acid is weak, and the cost is negative. The supply and demand of ethyl acetate are not strong, and the supply pressure is fair, which is mainly affected by the fact that the operating rate of the manufacturer remains at a low level. It is expected that the ethyl acetate market will remain volatile in the short term, and the space below is not very large. It is recommended to pay attention to the price implementation of raw materials acetic acid and ethyl acetate manufacturers. At present, the mainstream transaction price in the market is between 6500-6600 yuan/ton.

1、 Trend analysis

As shown in the figure above, the copper price fell slightly on the 15th, with the spot price of 67263.33 yuan/ton, 0.62% lower than the previous trading day and 5.97% lower than the same period last year.

In the near future, the US Federal Reserve’s expectation of interest rate increase slowed down, the domestic real estate expected to improve, and the epidemic prevention and control optimization led the rebound. After the good news is gradually digested, the transaction will return to the fundamentals. Fundamentals, supply, loose supply of copper concentrate and continuous increase of TC; The new production capacity of refined copper in China has been put into operation, but under the disturbance of maintenance, the output has increased but is weaker than expected; LME decided not to prohibit Russian metal delivery. Demand and downstream orders decreased, while copper prices pulled up and restrained procurement. It is expected that the short-term copper price will fluctuate slightly.

This week, the domestic cyclohexanone market fluctuated at a low level, and the pure benzene market was consolidated at a low level. The cost support was relatively stable. The total downstream demand was still average, and the cyclohexanone market was difficult to change significantly in the short term.

According to the monitoring data of the business community, from November 7 to November 14, the average price of cyclohexanone in the domestic market fell from 9700 yuan/ton to 9566 yuan/ton, down 1.37% in the week, 3.95% month on month and 14.39% year on year.

Summary of domestic cyclohexanone market as of November 14:

Region, price

In East China, 9800-9900 yuan/ton is sent by spot exchange

In South China, 10200-10300 yuan/ton of spot exchange will be sent to

In Shandong Province, 9600-9700 yuan/ton is sent by spot exchange

Raw material pure benzene: the price of domestic pure benzene market fluctuated at a low level, while the spot transaction in East China fluctuated around 6870-6900 yuan/ton. The price of Shandong Local Refinery was 6800-6850 yuan/ton.

Downstream caprolactam: caprolactam is stable and upward, the cost and demand side are basically weak in the near future, the caprolactam market is mainly traded on demand, and the overall market atmosphere is relatively stable.

Some caprolactam enterprises have abnormal supporting cyclohexanone devices, increasing the demand for cyclohexanone. The cyclohexanone analysts of the business community predicted that the short-term cyclohexanone market is expected to recover.

According to the data monitored by the business community, at the beginning of the week, Shanxi’s industrial first grade potassium nitrate was quoted at 6075.00 yuan/ton, and at the weekend, Shanxi’s industrial first grade potassium nitrate was quoted at 5875.00 yuan/ton, down 3.29%, and the price rose 0.86% year on year.

potassium nitrate

This week, the domestic potassium nitrate market was in shock and consolidation. It can be seen from the figure above that the potassium nitrate market declined in the past two months, and this week the market continued to fall. Recently, the domestic potassium manufacturers have started to operate more units than in the early stage, and the inventory in the plant is sufficient. The downstream demand is not good, and the purchase of just needed goods is maintained. The potassium nitrate shipment is not smooth, and the market is down. According to the statistics of the business society, the domestic mainstream potassium nitrate manufacturers quoted 5600-5900 yuan/ton this week (the quotation is for reference only), and the quotation varies according to the procurement situation.

Recently, the domestic market price of imported potassium chloride has fallen, the supply of potassium chloride is abundant, and the market turnover is poor. At present, the sales price of 60% domestic potassium crystals in the market is 3450-3800 yuan/ton. The price of 57% powder in Qinghai small factories is 3100-3200 yuan/ton, and the price of 62% Russian white potassium in border trade areas is 3300-3400 yuan/ton. The price of 62% white potassium at the port is 3600-3750 yuan/ton. The price of large particles at the port is mostly 3550-3650 yuan/ton, and the price of 60% red powder is 3800-3850 yuan/ton.

In the near future, the overall trend of domestic potash fertilizer market is weak, the supply of potassium chloride exceeds the demand, and the cost support is poor. It is expected that the price of potassium nitrate will fall mainly in the short term, while the long-term market still needs to wait and see.