China’s domestic MDI market remained stable on April 16

Price Trend

According to the price monitoring of business associations, as of April 16, the average price of domestic aggregated MDI market was 17925 yuan/ton, and the overall market price range was sorted out.

II. Market Analysis

Product: Domestic aggregated MDI market price continued last week’s disadvantaged range collation, trading is still not good. This week, the company’s guided price is stable, limited supply, Wanhua continues to offer a discount; the company’s cost support is strong, the agent’s quotation is high, the profitable price is positive and low, but the follow-up is weak. It is expected that this week’s market fluctuation will dominate, waiting for digestion and consolidation downstream. With the large-scale expansion of factory maintenance in the future, the supply of manufacturers will be tight, and the low-price supply downstream will gradually digest, and the price will still have an upward trend.

http://www.gammapolyglutamicacid.com

On the market side, South China has aggregated the weak price of MDI. On-site quotation is confused, agent quotation is high, middleman actively delivers goods, and transaction is general. Eastern China Polymerized MDI Price Disadvantaged Arrangement. Trading in the market is weak, on-site quotations are chaotic, profitable offers are active, downstream inquiries are prudent purchasing. The price of aggregated MDI in North China is weak. On-the-spot buying is flat, the traders follow the market to deliver goods, negotiate the shortage of turnover, and short-term boost factors are scarce.

Industry chain: raw materials, pure benzene: East China pure benzene prices continue to oscillate pattern, including spot selling 4350-4400 yuan/ton, purchasing 4420 yuan/ton in April, selling 4450 yuan/ton. May buy 4470 yuan / ton, sell 4560 yuan / ton. Purchase in June is 4480-4500 yuan/ton and sale is 4750-4620 yuan/ton. The pressure of picking up goods in the port area is high and the center of gravity is weak. Aniline: Shandong Jinling Dongying factory parked and repaired on Friday, and when the price fell earlier, it stimulated downstream demand and released the inventory of aniline enterprises. Over the weekend, Jinling led the market. At present, the aniline Market is stable. Shandong mainstream negotiation price reference 5820 yuan/ton acceptance. East China market refers to 6000-6200 yuan/ton acceptance.

3. Future Market Forecast

Business Cooperatives Viewpoint: Business Cooperatives aggregate MDI analysts predict that this week aggregate MDI market range shocks mainly, waiting for downstream digestion and consolidation. With the large-scale expansion of factory maintenance in the future, manufacturers’supply is tight, downstream low-price supply gradually digestion, prices are still on the upward trend.

sodium persulfate

Xylene prices were raised as a whole this week (April 8-12)

Price Trend

According to the data from the business associations’list, the overall price of xylene in China increased this week. At the beginning of the week, the average price of xylene was 5 612 yuan per ton, while on Friday, the average price of xylene was 5 722 yuan per ton, with a weekly increase of 1.96%.

II. Analytical Review

1. Upstream: IEA said the pace of global crude oil demand may slow down. Russia said it had the ability to increase production to ease the supply contraction caused by geographical situation such as Venezuela. International oil prices rose steadily, with spot Brent between $70.82 and $71.585 per barrel. Crude oil outside high support, xylene prices all the way up.

sodium persulfate

2. FOB Korean toluene reference price also rose from $716 per ton at the beginning of the week to $723 per ton (closing on Friday). Since Tuesday, the price of xylene in Sinopec’s subsidiary has been raised by 100-200 yuan per ton.

3. Downstream: The inventory of xylene port has declined. The inventory of East China is about 89,000 tons. The market atmosphere has been cold since midweek, and the wait-and-see atmosphere is strong, but the overall turnover is considerable.

3. Future Market Forecast

The Xylene Analyst of Business Society Chemical Branch thinks that in the near future, the Xylene plant of large factories has entered the overhaul period one after another, the output has decreased slightly, the international crude oil market is more ideal, while the Xylene market is more stable and the market turnover is good, so it is expected that the price of Xylene will be more stable in the near future.

http://www.gammapolyglutamicacid.com

March 2019 Lead Market Shocks Down

Price Trend

March 2019 # lead ingot Market fluctuated lower, the domestic market average price at the beginning of 17 550 yuan / ton, at the end of the month at 17012.50 yuan / ton, a decline of 3.06%.

II. Market Analysis

Domestic market: In March, Lunpb declined from around $2150 at the beginning of the month to over $2000 at the end of the month. The overall trend of the main lead contracts in Shanghai futures market turned to 1905, with a peak of 17850 yuan/ton at the beginning of the month, but then declined rapidly. By the end of the month, it had fallen to 16700 yuan/ton. Affected by this, the monthly decline in the domestic spot market was 3.06%, and the mainstream market price at the end of the month was about 16950-17200 yuan/ton.

International market: This week, the US dollar continued to rise, returned to 97 points above, basic metals first suppressed and then recovered. Under the guidance of the tax reduction of VAT, domestic short positions were liquidated and left the market. Spot performance of various items was stronger than futures. The weekend price rebound recovered some of the decline in the week.

Supply and demand: Washington, March 6, 2008. The U.S. Department of Commerce released data showing lead exports of 5,626,577 kg in December, 13,199,617 kg in November and 47,275,078 kg in the whole year of 2018.

Data released by the International Lead and Zinc Research Group (ILZSG) on March 11 show that the global lead supply gap in January increased to 255,000 tons, compared with 16,000 tons in December last year.

Domestic events:

Ministry of Environment: Combining with the Central Environmental Protection Supervision, we should crack down on illegal collection and treatment of waste lead-acid batteries: On March 28, Qiu Qiwen, Director of the Department of Solid Waste and Chemicals of the Ministry of Ecological Environment, said at the release meeting that China has become the largest producer and consumer of lead-acid batteries in the world. In order to further improve the prevention and control of waste lead-acid battery pollution, the Ministry of Ecological Environment jointly issued the Action Plan for the Prevention and Control of Waste Lead-acid Battery Pollution, and carried out the pilot work of centralized collection and trans-regional transportation system for lead-acid battery manufacturers. At the same time, the illegal collection and disposal of waste lead-acid batteries will be severely cracked down on in combination with the central ecological environmental protection supervision and special actions for hazardous waste treatment. In addition, in conjunction with relevant departments such as the Ministry of Public Security, we will focus on cracking down on illegal collection and dismantling of waste lead-acid batteries and indigenous lead smelting.

http://www.gammapolyglutamicacid.com

Shandong Province establishes the environmental risk management and control system of lead-acid battery life cycle: In order to promote the clean production and pollution prevention technology progress of lead-acid battery manufacturers and recycled lead enterprises, establish and improve the lead-acid battery recycling system, standardize the collection, transfer and storage of waste lead-acid batteries, Shandong Provincial Department of Ecology and Environment has organized and compiled “Lead-acid battery life cycle pollution”. Technical Specification for Prevention and Control (hereinafter referred to as “Technical Specification”).

Lead-acid battery double giants’revenue grew last year, but their net profit increased and decreased. At present, low-speed electric vehicles such as electric bicycles and tricycles still mainly use lead-acid batteries because of the advantages of lead-acid batteries in safety and cost-effectiveness. Frost & Sullivan, an American consulting firm, predicted in its report that lead-acid battery sales in China’s electric bicycle market would maintain a compound annual growth rate of 5.4% between 2016 and 2021.

3. Prospects for the Future Market

The US dollar is still rebounding strongly in the data set of European and American economy in early next month. On April 1st, VAT in domestic market dropped to 13% and was officially implemented. With the coming Qingming Mini-long Holiday, consumer expectations once again become the focus of the market. Market sentiment has been boosted. It is expected that a rebound will continue, with lead as the main factor.

sodium persulfate

The price trend of domestic fluorite market in China declined on April 2

On April 1, the fluorite commodity index was 101.75, down 1.76 points from yesterday, down 20.19% from the peak of 127.49 points in the cycle (2019-01-03), and up 106.77% from the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

sodium persulfate

According to statistics, the domestic fluorite price trend slightly declined, the average domestic fluorite price was 2885 yuan/ton as of the 2nd day. Recently, the domestic fluorite plant started normally, the mine and flotation plant started normally, the fluorite supply was normal, the recent downstream market was not good, the demand for fluorite market was weakened, and the price trend of fluorite market was slightly lower. In recent years, the downstream units started to work poorly, the fluorite spot supply in the field was normal, and the downstream terminal receipt was not good, which led to a slight decline in market price trend. As of the 2nd day, the price of 97 fluorite wet powder in Inner Mongolia is 2700-3100 yuan/ton, the mainstream of 97 fluorite wet powder in Fujian is 2600-3000 yuan/ton, the price of 97 fluorite wet powder in Henan is 2600-300 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi is 2700-3100 yuan/ton. The price trend of fluorite has slightly declined.

The price trend of hydrofluoric acid in the downstream of fluorite is temporarily stable. The domestic market price of hydrofluoric acid is 10575 yuan/ton as of the 2nd day. The weak market price of hydrofluoric acid has a negative impact on the upstream fluorite market. Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid products prices are temporarily stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water factory offer price is between 18,000-19,000 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery market has increased. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. But the price of on-site transactions does not change much. Businessmen buy on demand. Generally speaking, the downstream industry is in a general market. In addition, fluorite market supply is normal and fluorite prices are declining. Chen Ling, a business analyst, believes that the fluorite market price may maintain a low level.

http://www.gammapolyglutamicacid.com

China’s domestic bromine market operated smoothly in March

Price data:

According to the monitoring data of the business associations’list, the domestic bromine market was stable in March. After mid-March, the industry began to work normally. The average price of bromine remained around 35,000 yuan/ton in the month, up 26.58% from the same period last year.

II. Cause Analysis

http://www.gammapolyglutamicacid.com

Products: At the beginning of this month, the domestic bromine market was affected by season, environmental protection and the two sessions. Bromine enterprises started construction on a low level with low inventory and stable market turnover. After the two sessions, bromine enterprises mostly resumed normal production and the market supply was abundant. In some start-up enterprises, such as Shandong Haiwang Chemical Company, Dongyue Fine Chemical Company, Weifang Longmao Chemical Company, Shandong Haihua Company and Tianjin Changlu Haijing Company, the daily output is about 20 tons, 5 tons, 8 tons, 15 tons. At present, the mainstream quotation of enterprises is about 3450-35000 yuan/ton, and the actual transaction price is based on enterprise negotiation.

Industry chain: This week, bromine upstream industry, such as sulphur market, rose 5.14% in the month as a whole, and the current quotation is about 1160 yuan/ton; caustic soda market dropped 10.81% in the month, and the current quotation is about 770 yuan/ton; soda market is stable in the month as a whole, and the current quotation is about 1966 yuan/ton; the price of sulphuric acid has risen one after another in the month, down 9.11%, and the current quotation is about 357 yuan/ton. At present, the flame retardant industry downstream of bromine and pharmaceutical and agricultural intermediates industries have returned to normal, just need to be stable, which is good for bromine price support.

3. Future Market Forecast

Business bromine industry analysts believe that at present domestic bromine market enterprises generally resume normal production, downstream user demand is better, market supply is abundant, and this year’s policy may be relaxed, in the absence of a significant increase in downstream demand, the market is about to oversupply, bromine prices are expected to decline weakly in the future.

sodium persulfate

The trend of domestic hydrofluoric acid Market in China was temporarily stable on March 26

On March 25, the hydrofluoric acid commodity index was 97.78, down 0.37 points from yesterday, down 30.37% from the peak of 140.43 points in the cycle (2018-02-21), and up 82.46% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the recent domestic hydrofluoric acid market price fluctuation, as of 26 days, the domestic hydrofluoric acid market price is 10775 yuan/ton, the domestic hydrofluoric acid start-up rate is more than 60%, enterprises reflect that the current on-site hydrofluoric acid spot supply is normal, recent on-site goods generally, some enterprises have increased hydrofluoric acid inventory, factory prices remain low, due to recent price shocks in the raw material market, Hydrofluoric acid market price trend is temporarily stable. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 10,000-11,000 yuan/ton, while the price of hydrofluoric acid in the northern market is 10,500-11,000 yuan/ton. Domestic hydrofluoric acid market prices remain low, spot supply is sufficient, due to the recent upward trend in the raw material market, fluorite price trend is temporarily stable, for hydrofluoric acid has some favorable support, the price trend of hydrofluoric acid Market shocks.

http://www.gammapolyglutamicacid.com

Recent downstream refrigerant product units have started to operate normally, and the demand for fluorite and hydrofluoric acid has increased. Recent downstream refrigerant trading market is general, and the price of hydrofluoric acid products is temporarily stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 70%, R22 refrigerant facility start-up rate is temporarily stable, the main manufacturer of bulk water factory offer price is 18500-19000 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has risen, and the delivery market has risen. The domestic market price of R134a has risen slightly, the start-up rate of production enterprises has remained low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price has not changed much. Businessmen purchase on demand. Recently, due to the improvement of the goods, the price trend of hydrofluoric acid market is temporarily stable.

Refrigerant on-site transactions have risen, refrigerant industry equipment start-up rate has increased, for the upstream hydrofluoric acid market demand or will increase, coupled with the upstream fluorite price trend, March is the peak season of air conditioning production, downstream refrigeration industry trading market has improved, Business Analyst Chen Ling believes that the hydrofluoric acid market may be shaking operation.

sodium persulfate

China’s domestic phthalic anhydride market prices fell slightly this week (3.18-3.22)

First, the trend of the market

According to statistics, the price of phthalic anhydride declined slightly this week. The price of phthalic anhydride this weekend was 6750 yuan.ton, down 1.22% from 6833.33 yuan/ton at the beginning of the week and 7.81% from the same period last year. In Shandong province, phthalic anhydride is 6 600-6 800 yuan per ton, while in Jiangsu province, the main stream of phthalic anhydride negotiations is 6 800 yuan per ton. There is sufficient spot supply in the market. The naphthalene phthalic anhydride plant starts normally and is currently quoted at about 6 400 yuan per ton.

sodium persulfate

2. Market analysis:

Products: In recent years, the price trend of domestic phthalic anhydride market has slightly declined, the market opening rate of phthalic anhydride is about 70%, the market of phthalic anhydride in eastern China is weak, downstream factories are in need of purchasing, the inventory pressure of factories is persistent, high-end transactions are blocked, the mainstream of on-site neighbourhood source negotiation is 6600-6800 yuan/ton, and the mainstream of naphthalene source negotiation is 6400-6500 yuan/ton. The main market quotation is 6600-6800 yuan/ton. The market is weak and shocky. The quotation trend of enterprises is temporarily stable. The downstream construction is not high. The purchase is on demand. The wait-and-see mentality is strong. The domestic phthalic anhydride plant runs steadily, the spot supply of phthalic anhydride is sufficient, the market is not good, and the price of phthalic anhydride declines slightly.

Industry chain: Recently, the execution price of phthalic anhydride upstream product, Sinopec o-phthalic acid, is 6800 yuan/ton. The actual market transaction price is 7100 yuan/ton. The quotation is stable and the port is out of stock. The price fluctuation of raw materials mixed xylene in the upstream of phthalic acid is stable, the turnover of phthalic acid is general, the stock of phthalic acid in the port is low, the quotation of phthalic acid external market is rising, the cost of imported phthalic acid is rising, the actual transaction price is discussed in detail, the upstream price trend is stable, and the market price of phthalic anhydride is slightly lower. DOP prices downstream slightly declined. Recently, in Zhejiang DOP market, merchants’quotations maintained at 8000-8100 yuan/ton, while downstream prices were at a low level. Demand for upstream phthalic anhydride was limited, and the price trend of phthalic anhydride market slightly declined.

Industry: Recent plasticizer industry trend is general, terminal downstream demand is limited, phthalic anhydride market price trend is declining.

3. Future market forecast:

In recent years, the price trend of phthalic anhydride in the upstream has not changed much. DOP prices in the downstream have declined. Phthalic anhydride analysts of business associations believe that the market price trend of phthalic anhydride may oscillate at a low level, with a price of about 6700 yuan/ton.

http://www.gammapolyglutamicacid.com

South Korea’s imports of Iranian crude oil in February were close to pre-sanctions levels

On March 19, 2019, South Korea imported Iranian crude oil worth $476 million in February, more than four times as much as January ($101 million), although not as much as the same period last year ($621 million).

http://www.gammapolyglutamicacid.com

In February, South Korea imported more Iranian crude oil than before the July 2018 (US$474 million) sanctions, close to the average import level of US$539 million from January to July last year. From September to December last year, South Korea failed to import Iranian crude oil because of U.S. sanctions. The failure to import a penny of Iranian crude oil was also the first time since August to September 2012.

In November 2018, the United States temporarily granted Iranian crude oil import ban exemption to eight countries and regions around the world. In January, South Korea resumed importing Iranian crude oil, but only a fifth of the monthly average before sanctions. Government officials said that imports resumed in January and many negotiation steps were at the end, so crude oil imports increased significantly in February. Although import quotas have returned to pre-sanctions levels, the United States continues to oppress Iran and crude oil imports will fluctuate.

According to Reuters, the United States is asking South Korea and Japan to reduce Iranian crude oil imports and make adjustments every 180 days. Seventy percent of South Korea’s crude imports from Iran are condensate. Due to the low price of Iranian crude oil, 51% of condensate oil used by Korea Refining Industry and Petrochemical Company comes from Iran (the first quarter of last year is the standard).

sodium persulfate

China’s Domestic Hydrofluoric Acid Market Tends to Stable on March 19

On March 18, the hydrofluoric acid commodity index was 97.78, down 0.37 points from yesterday, down 30.37% from the peak of 140.43 points in the cycle (2018-02-21), and up 82.46% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the recent domestic hydrofluoric acid market price fluctuation, as of 19 days, the domestic hydrofluoric acid market price is 10775 yuan/ton, the domestic hydrofluoric acid start-up rate is more than 60%, enterprises reflect that the current on-site hydrofluoric acid spot supply is normal, recent on-site goods generally, some enterprises have increased hydrofluoric acid inventory, factory prices remain low, due to recent price shocks in the raw material market, Hydrofluoric acid market price trend is temporarily stable. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 10,000-11,000 yuan/ton, while the price of hydrofluoric acid in the northern market is 10,500-11,000 yuan/ton. Domestic hydrofluoric acid market prices remain low, spot supply is sufficient, due to the recent upward trend in the raw material market, fluorite price trend is temporarily stable, for hydrofluoric acid has some favorable support, the price trend of hydrofluoric acid Market shocks.

http://www.gammapolyglutamicacid.com

Recent downstream refrigerant product units started to rise, upstream fluorite and hydrofluoric acid demand has increased, the recent downstream refrigerant trading market is general, hydrofluoric acid product prices temporarily stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 70%, R22 refrigerant facility start-up rate is temporarily stable, the main production enterprise’s bulk water ex-factory offer price rises to 18500-19000 yuan/ton, but there is no bulk water spot in the production enterprise, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has risen, and the delivery market has risen. The domestic market price of R134a has risen slightly, the start-up rate of production enterprises has remained low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price has not changed much. Businessmen purchase on demand. Recently, due to the improvement of the goods, the price trend of hydrofluoric acid market is temporarily stable.

Refrigerant on-site transactions have risen, refrigerant industry equipment start-up rate has improved, for the upstream hydrofluoric acid market demand may increase, coupled with the upstream fluorite price trend is temporarily stable, March is the peak season of air conditioning production, the downstream refrigeration industry is expected to rise, Business Analyst Chen Ling believes that the hydrofluoric acid market may be slightly higher.

sodium persulfate