Author Archives: lubon

Potassium carbonate market held steady this week (3.01-3.05)

According to the data monitored by the business agency, the average ex factory tax price of domestic light potassium carbonate this week is 6625.00 yuan / ton, which is stable. The current price is up 0.76% month on month, and the current price is up 3.92% year on year.

 

Recently, the domestic potash market has been stable with low market inventory. Most of the orders in the early stage of the factory have not been completed, and the orders are mainly shipped in the early stage. The potash market has a general trading atmosphere and stable market. According to the statistics of the business society, the mainstream ex factory quotation range of domestic industrial grade potassium carbonate this week is about 6400-6700 yuan / ton (the quotation is for reference only), and the quotation is different according to the different procurement situation.

 

Recently, the quotation of potassium chloride mainstream manufacturers was stable: on March 5, the potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operated normally. The ex factory quotation is 2050 yuan / ton, the quotation is temporarily stable, and the actual transaction price is mainly through negotiation. On March 5, Anhui Badou Chemical Co., Ltd. quoted 2260 yuan / ton for potassium chloride distribution, which was temporarily stable. The actual transaction price was mainly through negotiation. This week potassium chloride market high consolidation, little volatility.

 

Potash analysts of business news agency believe that the recent potash supply at the port is not sufficient, and the stock in the market is small, showing an upward trend. Under the support of cost, it is expected that the price of potassium carbonate will rise mainly in the short term, and the long-term market still needs to wait and see. (the above prices are provided by the main manufacturers of potassium nitrate all over the country and sorted out and analyzed by the potassium carbonate analysts of the business society. They are for reference only. For more price details, please contact the relevant manufacturers for consultation).

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The price of liquid ammonia rebounded after falling in February, and there is still room for upward growth in March

In February, the liquid ammonia market rebounded after falling. According to the monitoring of the business community, the overall decline of liquid ammonia in the whole month was 0.20%.

 

Before the year, the market was in a downward trend, which was mainly affected by the light atmosphere before the festival, the decline of purchasing intention and the loose supply. With the recovery of natural gas supply in Southwest China before the festival, the supply of liquid ammonia has been eased, the amount of ammonia continues to increase, and the price in Southwest China also continues to decline, with a range of 400-500 yuan / ton. However, some enterprises in Shandong, Henan and other regions are still short of normal supply in the short term, and the prices in this region are relatively resistant. The decrease is only 200-300 yuan / ton.

 

After the year, the market gradually warmed up, the long-distance transportation recovered rapidly, and the liquid ammonia market ushered in the delivery period. As the inventory of liquid ammonia of most manufacturers has declined, it has also cleared the way for the price rise. After the festival, the demand for urea, phosphate fertilizer and other downstream products has picked up, and the purchase has increased. The price of liquid ammonia in Shandong and Hebei has also picked up significantly.

 

In terms of urea, the overall trend of urea in February was good, with a strong increase of 6.47%. The urea market continued to be affected by the higher demand for spring stock. The fertilizer use in spring was expected to rise, and the price continued to rise. After the festival, the market growth slowed down slightly, mainly because of the high price of urea, some liquid ammonia enterprises switched to urea, the supply of urea was loose, and the price stopped rising.

 

As far as the downstream compound fertilizer is concerned, it generally rose. According to the monitoring of the business society, the growth rate of monoammonium phosphate was 17.25% in February, and that of diammonium phosphate was 16.27% (as shown in the figure above). In February, the downstream demand rose as a whole. In agriculture, driven by the concentration of spring ploughing, the price gradually increased. In addition, with the increase of foreign export demand, the price of ammonium phosphate was high.

 

In the future, the business community believes that the liquid ammonia market may gradually return to stability in March, and the operation rate of the downstream product industry will gradually double, which has a certain support for the liquid ammonia Market. Some enterprises begin to recover ammonium nitrate plants, and the downstream procurement may be increased later. Moreover, the current urea price is high, and the overall pressure on the supply of liquid ammonia is not big. With the start of the spring ploughing season, the price of liquid ammonia in the later stage may still rise There is room for inflation.

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BDO’s rising market is out of control

This round of domestic BD rising market can be described as “out of control”. According to the sample data monitored by the business association, as of March 1, the average price of domestic BDO producers was 31750 yuan / ton, with a month on month increase of 133.46% and a year-on-year increase of 228%. The quotation of production enterprises continued to rise, and the market follow-up sentiment was high. In a short period of time, the BDO market rose sharply.

 

The domestic BDO market continues to rise. Some enterprises’ quotation continued to rise, and the transaction price of individual bidding enterprises was high. The main reason for this price rise is still the shortage of goods. “Goods in hand” has become a popular topic for a while. Even if the price is a little higher, the transaction can still be concluded, but the trading volume is generally low. Most of the production enterprises maintain long-term contract customers, basically no external sales. Xinye stopped for a short time due to hydrogen problem, Dongyuan replaced the catalyst on February 20-26, and Panjin Dalian was short of raw materials, resulting in the load dropping to 50-60%. The market supply side was supported by favorable conditions, and the supplier’s intention to support the market remained unchanged. At present, the lower reaches of the general normal start-up, demand goods actively, BDO market eventually broke years of “Silence” situation, “soaring.”.

 

For the unit, Dongyuan 100000 ton unit was shut down from February 20 to 26 to replace the catalyst. Due to the shortage of raw materials, the load of Panjin Dalian was reduced to 50%; the Yanchang oil plant was unstable, and the load was about 50%; the black cat has been restarted, and the load was about 50%; one set of great wall energy plant was stable, and the other set was still under maintenance; the Xinye plant was shut down due to hydrogen problem on February 14 to February 21.

 

The current factory strong offer, tight supply situation continues. BDO business analysts expect that the domestic BDO market in the short term high volatility.

Benzalkonium chloride

Is cobalt price rising blocked or ready to rise?

Trend analysis

 

According to the data monitoring of Business News Agency: after the festival, the domestic cobalt price is rising, and the cobalt market is soaring, but the cobalt price is falling after hitting the 400000 yuan / ton mark. On February 26, the cobalt price was 397166.66 yuan / ton, down 1.41% from 402833.34 yuan / ton on February 25. Is cobalt price rising blocked or ready to rise?

 

One day nonferrous plate market fell

 

It can be seen from the one-day rise and fall list of nonferrous plate that in the rise and fall list of bulk commodity prices on February 26, 2021, there are 8 kinds of commodities in nonferrous plate that have increased month on month, and 9 kinds of commodities that have decreased month on month. In addition to rare earth products and magnesium, the main metal products have declined to varying degrees. Cobalt was dragged down by the decline of nonferrous plate, and cobalt price fell slightly. The macro-economic fundamentals are still relatively good, and the support for the rise of cobalt Market in the future remains.

 

Mobile phone sales are hard to stop

 

It can be seen from the data released by China Academy of information technology that in January 2021, the total shipment of domestic mobile phone market was 40.12 million units, with a year-on-year growth of 92.8%. The domestic 5g mobile phone shipment was 27.278 million units, accounting for 68.0% of the mobile phone shipment in the same period. In January, the domestic mobile phone shipment rose sharply, second only to that in April at the beginning of the resumption of work, indicating that the mobile phone market recovered significantly; in January, the 5g mobile phone shipment set a record, and the 5g mobile phone shipment accounted for more than 60% for eight consecutive months and more than 68% for three consecutive months, and the 5g mobile phone replacement trend was unstoppable. Stimulated by the recovery of mobile phone market and the tide of replacement, the future mobile phone shipment is expected to rise sharply, the demand of cobalt market is expected to rise, the rising power of cobalt market is increased, and the rising power of cobalt price is sufficient.

 

Investment and financing of new energy vehicles

 

It can be seen from the list of new energy vehicle investment and financing events from January to February that as of February 23, 13 investment and financing events have occurred in the field of new energy vehicles in China since 2021, including BYD, Evergrande, Zero run, hechuang, Faraday future and other well-known brands. In recent years, the field of new energy vehicles is very popular with capital, and investment and financing continue to be hot. In 2020, the amount of financing disclosed in the investment and financing events is nearly 129.21 billion yuan, realizing the record of breaking through 100 billion yuan in the field of new energy vehicles for the first time. The hot investment market continues to push up the market expectation of new energy vehicles in the future. According to the data released by China Automobile Association, in January, the production and sales of new energy vehicles in China were 194000 and 179000 respectively, and the sales of new energy vehicles in a single month has set a new record for seven consecutive months. In 2021, the new energy vehicle industry will continue to show a good performance of overall growth. New energy vehicles stimulate the continuous growth of demand in the cobalt market, with sufficient momentum for the future rise of cobalt Market and limited resistance to the rise of cobalt price.

 

Market Overview

 

Bai Jiaxin, data analyst of business news agency, believes that the short-term sharp rise of cobalt price after the festival, despite the strong support of demand, will inevitably produce water. On February 26, when the nonferrous plate generally fell, a small decline of cobalt price will follow the trend. In terms of future trend, in 2021, China’s 5g investment will continue to grow, and 5g network will be more perfect. In 2021, the four major telecom operators will continue to increase 5g network investment, which is expected to be 1.5 to 2 times of that in 2020. At the same time, the price of 5g mobile phone has been greatly reduced, and the above factors will drive 5g consumption blowout. The blowout of 5g mobile phone consumption and the continuous development of new energy vehicles have raised the demand expectation of cobalt market. The demand of cobalt market rises, and the driving force of cobalt price increases. There is a huge space for cobalt price to rise in the future. Cobalt price is expected to rise in the future, and it is still ready to rise after a short decline.

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The downstream is fully started, magnesium is good

Magnesium market trend

 

Gamma Polyglutamic Acid

On February 26, 2020, the ex factory price of magnesium ingots (99.9%, non pickling, simple packaging) in main domestic production areas rose sharply, and the current mainstream quotation range is 15400-15800 yuan / ton.

 

The specific price range of each region is as follows:

 

In fugu, the ex factory spot exchange including tax is 15400-15500 yuan / ton; in Taiyuan, 15600-15700 yuan / ton; in Wenxi, 15600-15800 yuan / ton; in Ningxia, 15400-15600 yuan / ton.

 

Magnesium ingot is original magnesium ingot according to national standard (GB / t3499-2011); non pickling, no wooden pallet and non payment acceptance price, mainly based on single negotiation.

 

According to the data of business news agency, the market of magnesium ingots recovered slightly after the year, and the mainstream quotation rose. Today, the price of magnesium ingots rose sharply, and the quotation of main production areas was about 15500 yuan / ton.

 

The magnesium ingot Market has been improved a few years ago, which is mainly reflected in the pre-sale orders of mainstream manufacturers, and the price also began to stop falling and stabilize in late January.

 

After the year, with the rising of upstream and downstream operation rate, the demand side fundamentals of magnesium ingots have been effectively improved, and the downstream market has been fully recovered. The demand for magnesium including hoarding has increased, and the downstream procurement has increased sharply. In addition, some manufacturers in the main production areas have stopped production for maintenance, the spot market is short-term tight, the supply and demand side has improved, and the price trend of magnesium ingots is mainly good.

 

This round of magnesium ingot price explosion is not only the simple logic of supply and demand factors. At present, the soaring prices of bulk commodity market, including aluminum alloy, are also affected by the price of aluminum ingot rising to the highest level in recent nine years. The price of magnesium ingot is more or less affected by the price of industrial chain.

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Rare earth prices hit an eight year high

After the Spring Festival, the prices of some bulk commodities went crazy, many “breaking new highs” and “soaring” markets continued to be staged, and many products in the non-ferrous industry rose sharply, including rare earth. The so-called “strong generals have no weak soldiers”. Recently, the market prices of rare earth have repeatedly reached new highs. According to the monitoring of business society, the price index of domestic rare earth market continues to rise. The price of domestic PR nd rare earth has repeatedly reached new highs. The market price of terbium has risen to a 10-year high, and that of dysprosium has reached an 8-year high. The price of domestic rare earth market continues to rise. According to the rare earth plate index of business society, the rare earth index on February 24 was 516 points, up 18 points from yesterday, and 10 points from the highest point in the cycle 00 (2011-12-06), down 48.40%, up 90.41% from the lowest point of 271 on September 13, 2015. (Note: period refers to 2011-12-01 to now).

 

From the rare earth index chart, it can be clearly seen that the domestic rare earth plate index has been soaring, the recent rare earth market has been crazy, and the market price has been rising one after another. In terms of products:

 

It can be clearly seen from the product price trend chart that the domestic prices of praseodymium and neodymium oxide, praseodymium and neodymium alloy, neodymium oxide and metal neodymium have reached 8-year highs. The current round of price increase has not stopped since mid December 2020, and the market price continues to rise significantly. As of February 25, the price of praseodymium neodymium oxide, praseodymium neodymium alloy, neodymium oxide and neodymium metal in China is 540000 yuan / ton, 665000 yuan / ton, 635000 yuan / ton and 785000 yuan / ton, respectively. The domestic market of light rare earths is on the rise.

 

The sharp rise of the domestic rare earth industry is mainly driven by two aspects. On the one hand, the domestic environment has been improving recently. A number of non-ferrous products in the market have reached new highs, and copper, aluminum and other products have increased by more than 40%. Taking advantage of the rising market, the prices of rare earth products continue to rise. On the other hand, the downstream demand continues to expand. Recently, the demand for permanent magnets continues to increase. New energy vehicles have been on fire from 2020 to 2021, and the upstream material rare earth permanent magnets have also taken a “free ride”. According to the insiders, the rare earth gap is likely to continue throughout 2021. The main rare earth raw materials of high performance NdFeB are light rare earth praseodymium neodymium oxide, heavy rare earth dysprosium oxide and terbium oxide, which are used in new energy vehicles, wind power, energy-saving frequency conversion air conditioning, traditional vehicles and other fields. According to statistics, new energy vehicles continue to break the historical record of single month sales. According to the data released by China Automobile Industry Association, in January, the production and sales of new energy vehicles were 194000 and 179000 respectively, up 285.8% and 238.5% year on year respectively. Downstream demand is rising, it is said that the demand gap has been increasing, and the domestic market price of light rare earth continues to rise. Recently, the domestic heavy rare earth market price of terbium series has reached a 10-year high, and that of dysprosium series has reached an 8-year high.

 

It can be seen from the trend chart that the domestic price of dysprosium series continues to be red, with dysprosium oxide price of 2.7 million yuan / ton as of the 25th; dysprosium ferroalloy price of 2.6 million yuan / ton, dysprosium metal price of 3.275 million yuan / ton, domestic price of terbium series rises sharply, domestic price of terbium oxide is 9.3 million yuan / ton, metal price of terbium is 11.9 million yuan / ton, terbium series price rises to a new level in 10 years, domestic heavy rare earth market is booming The price has reached new highs.

 

There are several reasons for the sharp rise of domestic heavy rare earth market prices. First, the supply side of rare earth is tightening, Myanmar’s political situation is turbulent, and the global rare earth supply is relatively concentrated. Myanmar is one of the production areas next only to China and the United States. Myanmar has a great influence on the domestic heavy rare earth market products, the import source has decreased significantly, the domestic heavy rare earth market supply and demand contradiction is sharp, resulting in the price of heavy rare earth has increased significantly. Second, the impact of domestic rare earth purchase and storage policy is a good support for domestic heavy rare earth prices. In the purchase and storage plan, medium and heavy rare earth accounts for a large proportion of annual output, which is expected to have a greater impact on the supply and demand and prices of medium and heavy rare earth. Third, in recent years, the downstream demand has been rising, the application of new energy has been growing rapidly, and the demand for permanent magnet has increased significantly, which has brought the greatest positive support to the heavy rare earth market. The price of heavy rare earth market has been rising. Due to the tight supply of terbium market and the imbalance between supply and demand, the price of terbium market has risen significantly.

 

In February 2021, the opinions of the State Council on supporting the revitalization and development of the old revolutionary base areas in the new era proposed to promote the construction of “China’s rare gold Valley” and study the policies for the purchase and storage of medium and heavy rare earth and tungsten resources. The purchase and storage of rare earth and heavy rare earth account for a large proportion, which brings great positive support to the domestic market, and the price of domestic rare earth market rises sharply. In addition, the total control index of the first batch of rare earth mining, smelting and separation in 2021 increased significantly, which was related to the strong downstream demand. The Ministry of natural resources issued the total control index of rare earth mining in 2021. The total control index of the first batch of rare earth mining (rare earth oxide REO, the same below) in China in 2021 was 84000 tons, including 11490 tons of ionic (mainly medium and heavy rare earth), The index of rock ore type (light) rare earth ore is 72510 tons. The first batch of tungsten concentrate (tungsten trioxide content 65%, the same below) has a total mining control index of 63000 tons, of which the main mining index is 46890 tons and the comprehensive utilization index is 16110 tons. In 2021, the total amount of rare earth and tungsten mining will continue to be controlled. The state policy is favorable, and the market price of rare earth will continue to rise.

 

In the near future, driven by downstream demand, especially the continuous recovery of the manufacturing industry, it is expected to drive further growth of demand. The domestic demand for new energy has increased significantly. In addition, the domestic rare earth supply is still tight, and the contradiction between supply and demand in the rare earth market is sharp. Business community analysts expect that the rare earth market will be popular all the way in the future.

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China’s domestic ammonia price rose slightly on February 24

On February 24, the domestic liquid ammonia market rose slightly. Before and after the Spring Festival, the liquid ammonia market has been tepid, but this week, the market has risen. According to the monitoring of the business community, the liquid ammonia market has risen by 1.52% this week.

 

On February 24, the price of liquid ammonia in Shandong continued to rise, the regional inventory pressure eased, and some large factories increased by 100 yuan / ton. After the year, the manufacturers maintained production, the ammonia production of large factories decreased, and the ammonia production in the region decreased. The mainstream market price in this area is 3200-3350 yuan / ton. Most of the manufacturers’ devices are running normally, and the inventory pressure is general. The downstream procurement is slightly increased compared with that before the festival. It is expected that the price will continue to rise in the near future.

 

Recently, the price of liquid ammonia in Hebei Province has stopped falling and stabilized. Today’s market is on the rise, and the pressure of ammonia supply in the region has eased. The mainstream price in this area is 3150-3250 yuan / ton. Most of the plants are operating normally, and the inventory pressure of large plants has been relieved. This is mainly due to the rapid opening up of transportation in the region and the increase of manufacturers’ shipping capacity. In addition, the downstream urea has obvious support, which is superimposed with the increase of cross regional outsourcing. It is expected that the price will continue to rebound in the near future.

 

From the perspective of downstream demand, agricultural demand started in succession, the willingness of terminal procurement gradually increased, and the agricultural procurement in mainstream areas was cautious; the starting load of downstream compound fertilizer increased, and some downstream products were still cautious, most of them went with the market. The price of liquid ammonia is expected to rise in the near future.

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Formic acid market prices down slightly

1、 Formic acid price trend

 

Gamma Polyglutamic Acid

(Figure: p-value curve of formic acid product)

 

2、 Market analysis

 

Formic acid market prices declined slightly. According to the data of the business club’s block list, as of February 23, the average quotation price of formic acid enterprises was 2600 yuan / ton, down 1.89% compared with the price before the festival (February 10), down 1.89% compared with January 23, and up 33.33% compared with the same period last year.

 

Recently, the prices of raw materials have gone up and down, the support for formic acid cost is general, the enthusiasm for downstream market entry is general, the just need purchase in the market needs to be restored, the market transaction atmosphere is flat, and the market is weak. According to the monitoring data of the business association, the price of formic acid of some enterprises is summarized as follows: the quotation of industrial grade 85% formic acid of Zhangzhou San’an Chemical Co., Ltd. is 2500 yuan / ton, that of Zibo Pulis Chemical Co., Ltd. is 2500 yuan / ton, that of Jintan local industrial supply and Marketing Co., Ltd. is 2800 yuan / ton, and the spot price of the merchants follows the market, The actual transaction price is mainly through negotiation.

 

The price of upstream caustic soda in Shandong Province was weak on February 22nd. The mainstream ex factory price of 32% caustic soda was 400-500 yuan / ton. The downstream purchasing demand was general and the market atmosphere was not good. After the Spring Festival, there were still few inquiries and transactions. It was expected that caustic soda would be sorted out later or in a narrow range. The price of upstream liquid ammonia in Shandong Province rose slightly on February 22nd, and the inventory pressure eased. Some large factories increased 50 yuan/ After the year, the manufacturer maintained production, and the ammonia volume in the region was full, and the mainstream price in the region was 3000-3200 yuan / ton; for upstream sulfuric acid, the sulfuric acid Market in Shandong rose on February 22, and the sulfur market in the upstream was recently consolidated at a high level, and the cost support was good, but the purchasing enthusiasm in the downstream was general, the sulfuric acid supply was normal, and the ex factory price of sulfuric acid in the future fluctuated slightly; for upstream methanol, according to the monitoring data of the business community As of February 22, the average price quoted by enterprises was 2270 yuan / ton, up 0.78% compared with the price on February 18.

 

According to the price monitoring of the business community, on February 22, 2021, in the list of commodity prices, there were 50 kinds of commodities in the chemical industry sector, among which 27 kinds of commodities increased by more than 5%, accounting for 29.3% of the total number of commodities monitored in the sector; the top three commodities were polymeric MDI (33.42%), n-butanol (industrial grade) (23.66%), ISO octanol (20.46%). There were 5 kinds of commodities with a month on month decrease, and 1 kind of commodities with a decrease of more than 5%, accounting for 1.1% of the monitored commodities in the sector; the top 3 products with a decrease were hydrogen peroxide (- 6.71%), propane (- 3.96%) and caustic soda (- 3.17%). The average daily rise or fall was 3.7%.

 

3、 Future forecast

 

According to formic acid analysts of business news agency, the recent rise and fall of raw material prices, limited cost support, and flat market atmosphere are expected. It is expected that the formic acid market will be weak and stable in the short term, and more attention should be paid to market information guidance.

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Refrigerant market keeps stable in the first week after the festival

1、 Price trend

 

According to the bulk data monitoring of business news agency, as of February 20, the average price of refrigerant R22 was 14100 yuan / ton, which was the same as that at the beginning of the month, with a month on month increase of 0.71%, and a year-on-year decrease of 23.78%.

 

Gamma Polyglutamic Acid

According to the bulk data monitoring of the business community, as of February 20, the average price of refrigerant R134a was 19766.67 yuan / ton, up from 17500 yuan / ton at the beginning of the month. It was up 10.84% on a month on month basis and down 15.29% compared with the same period last year.

 

2、 Market analysis

 

R22, in the first week after the festival, the price trend of refrigerant R22 did not fluctuate significantly compared with that before the festival, and the prices of raw materials hydrofluoric acid and chloroform fluctuated slightly. The support for R22 was acceptable. The major manufacturers did not offer new quotations, the traders had not fully entered the market, the demand side was still weak as usual, the market was relatively calm and the price was stable. At present, R22 market quotation is about 13000-15000 yuan / ton, Shandong quotation is about 14000 yuan / ton, Zhejiang quotation is about 14000-15000 yuan / ton, Hunan quotation is about 14000-14500 yuan / ton, Shanghai quotation is about 14000 yuan / ton, short-term price is stable.

 

R134a, after the festival, the price of refrigerant R134a is temporarily stable. The price trend of manufacturers in the hydrofluoric acid yard rises slightly, which has a general effect on boosting R134a, and the demand side is relatively calm. However, after the year, the demand of automobile market may increase, and the market is expected to be better, and the market of refrigerant R134a may usher in an inflection point. At present, R134a market quotation is mostly in the range of 19000-22000 yuan / ton, Shandong quotation is about 20000 yuan / ton, Zhejiang quotation is about 19000-21500 / ton, Hunan quotation is about 20500-21000 / ton, Jiangsu quotation is about 22000 / ton, Shanghai quotation is about 20000 yuan / ton, and the short-term price is stable.

 

Hydrofluoric acid as raw material. On February 22, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 10000-11000 yuan / ton, and the ex factory price trend of on-site merchants rose slightly. Domestic hydrofluoric acid manufacturers had a general operating rate, and the supply of on-site goods was slightly tight. Affected by the high price of fluorite, the demand of downstream refrigerant industry was general, and the on-site purchase was mainly on demand. It is expected that the on-site price will remain stable in the later stage It’s settled.

 

For trichloromethane, at present, the market is dominated by shock adjustment, the trade and investment situation in the industry is general, the enterprises start to reduce the burden, the inventory is low, the upstream liquid chlorine market is high, and the price of methane chloride is well supported; the overall purchasing demand in the downstream market is flat, and the market support is insufficient. The market price of methane chloride in Shandong has been raised. The mainstream quotation of dichloromethane market is about 3030-3080 yuan / ton, and the mainstream quotation of trichloromethane market is about 2410-2480 yuan / ton, which is expected to be adjusted in the short term.

 

3、 Future forecast

 

According to refrigerant analysts of business news agency, the refrigerant market is relatively stable in the first week after the festival. Traders have not yet returned to the market, and the demand side starts slowly. At present, the impact of raw materials is limited, and the market is relatively calm as a whole. However, manufacturers are willing to support the market. With the recovery of downstream demand, it is expected that the prices of refrigerant R22 and R134a will be stable and upward.

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The price of cyclohexanone rises sharply after the festival

After the festival, the domestic market price of cyclohexanone rose sharply. According to the monitoring data of the business agency, as of February 20, the average price of cyclohexanone in the domestic market was 9200 yuan / ton. Sinopec’s price of pure benzene was increased by 400 yuan / ton, with the implementation of 5800 yuan / ton, and the cost support continued to be strong. Sinopec’s price of high-end caprolactam was raised by 500 yuan to 12600 yuan / ton this week. The cost and demand side of cyclohexanone are improving, and some quotations of manufacturers follow the rise of raw materials.

 

Gamma Polyglutamic Acid

Region, price

East China: 9200-9400 yuan / ton, cash delivery

South China/

Shandong Province: 9000-9200 yuan / ton, manufacturers are reluctant to sell

Cyclohexanone continues to be supported by cost, and the overall confidence preference. Cyclohexanone analysts of business community expect that the market of cyclohexanone will rise mainly in the short term.

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