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The price of hydrochloric acid in North China was stable this week (9.23-9.27)

Price Trend

According to the price monitoring of business associations, the comprehensive price of hydrochloric acid in North China was temporarily stable this week, offering 166.67 yuan/ton, up 29.88% from the same period last year. Overall, the hydrochloric acid market was stable this week, with the hydrochloric acid commodity index of 343.86 on September 27.

II. Market Analysis

(1) Products:

This week, the quotation of hydrochloric acid market manufacturers is temporarily stable and the overall market is low. Dezhou Shihua hydrochloric acid quotation is 150 yuan/ton, the quotation is temporarily stable; Wenshui synthetic hydrochloric acid weekend quotation is 230 yuan/ton, compared with the beginning of the week, the quotation is temporarily stable; Jinan Yuanfei hydrochloric acid quotation is 200 yuan/ton, the quotation is temporarily stable; Dezhou Meihua hydrochloric acid quotation is 70 yuan/ton, the quotation is temporarily stable.

(2) Industrial chain:

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The price of liquid chlorine in the upstream market is stable, which supports hydrochloric acid. The downstream dyes, calcium chloride and chloroethane still buy hydrochloric acid on demand in the early stage. The hydrochloric acid market as a whole is still weak. By-product acid shocks the market. The pressure of hydrochloric acid shipment is high. The quality of by-product hydrochloric acid produced by TDI, chloropropene, propylene oxide and methane chloride is relatively good. For the purpose of shipment, each manufacturer has the situation of inverted freight shipment. Overall, the difficulty of delivery of hydrochloric acid is still a major problem.

3. Future Market Forecast

After the adjustment in August, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. Business analysts believe that the upstream liquid chlorine is good in the near future, but the downstream demand for rare earth and fuel is still general, and by-product acid shocks the market. Business analysts believe that the late hydrochloric acid market is still more vulnerable to consolidation.

http://www.ammonium-persulphate.com

Ethylene external market fell this week (9.23-9.27)

Price trends:

According to the monitoring data of business associations, the external price of ethylene fell this week. The average price of ethylene at the weekend was $929.50/ton, down 1.98% from $948.25/ton at the beginning of the week and 3.78% from the same period last year.

Market analysis:

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Products: Ethylene overall fell this week. Asian ethylene market prices tumbled, with CFR closing at $848-854 per ton in Northeast Asia and $798-804 per ton in Southeast Asia by the end of the weekend. European ethylene market prices fell. By the end of the weekend, European ethylene market prices were $1081-1093 per ton for FD in Northwest Europe and $974-985 per ton for CIF in Northwest Europe. Ethylene prices in the United States fell, and by the end of the weekend, prices were between $539 and $551 per ton. Overall, crude oil prices in the upstream showed a volatile decline, and the overall ethylene market fell. Businessmen pay more attention to the situation of supply and demand after the festival.

International aspect: On September 26, the price of WTI crude oil futures market rose to 56.41 US dollars per barrel, down 0.08 US dollars, or 0.1%. Brent crude oil futures prices rose by a large margin to 62.74 US dollars per barrel, up 0.35 US dollars. The increase was 0.6%. On Thursday, the Pentagon announced that the United States would send more Patriot Missile Company, radar and about 200 support personnel to Saudi Arabia, raising geopolitical tensions in the Middle East. Concerns about rising geopolitical tensions in the Middle East have boosted market sentiment and oil prices. However, the positive boost of ethylene has not been clearly demonstrated. The price of downstream styrene declined slightly and the price of ethanol remained stable, which could not support the price of ethylene.

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3. Future market forecast:

Ethylene analysts from Business Society Chemical Branch believe that the price of crude oil fell due to the rise of crude oil inventories in the earlier period, which failed to support the cost side of the ethylene market and the price of ethylene market fell. Next, due to the geopolitical tension in the Middle East, the changes in supply and demand in the crude oil market need further observation. The market is mainly guided by information. In the medium and long term, the supply side of the market is relatively good, so business association data analysts expect ethylene prices to keep rising narrowly in the future.

http://www.ammonium-persulphate.com

The supply of polyacrylamide is tightening this week but prices are stable (2019.9.16-20)

Commodity Index: On September 20, the polyacrylamide commodity index was 99.80, which was the same as yesterday. It was 6.84% lower than the peak of 107.13 points in the cycle (2019-05-08), and 4.26% higher than the low of 95.72 points on April 10, 2019. (Note: Period refers to 2019-04-01 to date)

Price quotation: According to the monitoring data of the Business Association (100ppi.com), on September 16, the mainstream price of polyacrylamide (cationic) market was about 16333.33 yuan/ton, and on September 20, 16333.33 yuan/ton. At present, the main quotation range of domestic market of polyacrylamide is: cationic (PAM, molecular weight 12 million) quotation is about 16200-18100 yuan/ton, anionic (PAM, molecular weight 12 million) quotation is about 10000-12100 yuan/ton. Prices are basically stable.

Industry chain: It is understood that in mid-September, the price of acrylonitrile in the upstream mainstream is about 12300-12500 yuan/ton, with a small fluctuation in the market. The downstream demand for polyacrylamide is stable, because the manufacturers in Gongyi, Henan Province, which is the main production area in China, are still in the shutdown period, and have been shut down for more than a month, the supply of goods is relatively tight, the manufacturers give priority to the old customers, the market development of new customers is delayed or suspended, and the external prices of some manufacturers are raised to varying degrees according to the situation of the supply.

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Industry: 1. Notice of shutdown: On July 26, the water purification and environmental protection enterprises of Yongan Road Street Office in Gongyi City, Henan Province received the “Notice of shutdown”. The notice requests: According to the analysis of the environmental pollution situation and the future polluted weather situation in the city, the municipal attack and fortification office requires all the enterprises to stop production and control before acceptance. Production can be restored after dispatching or acceptance. 2. Stop production again after resumption of production: resumption of production in August for 10 days and resumption of production on 15 days. According to the manufacturer, the suspension was more affected by the National Games held in Zhengzhou on 8 September. The local environmental protection inspection was strict. All local enterprises in Gongyi were asked to stop production for environmental protection management and maintenance. 3. After the National Games on September 8, the local manufacturers were not notified of the start of construction. Strict environmental protection inspections were under way. According to the manufacturers, the current shortage of goods was aggravated after the National Day of the Eleventh National Day.

Attachment: Gongyi City, Henan Province, issued a circular on the deep management of enterprise shutdown (see below):

Future forecast: Although the relevant manufacturers in Gongyi City, Henan Province, as the main production area, are still in the period of suspension at present, the inventory of the manufacturers maintains the demand of the old customers and the supply is gradually tight, but the impact on the price is not obvious this week; some manufacturers are indeed tightened because of the stock, and have been prompted to follow-up price increases.

http://www.ammonium-persulphate.com

China’s Domestic liquid ammonia market is stable, with a slight increase in Shandong (9.16-20)

This week, according to the monitoring of business associations, the domestic market for liquid ammonia is stable and small. Some enterprises in Shandong have slightly increased by 50-100 yuan/ton. At present, local ammonia volume is tense, and there is no pressure for enterprises to ship goods. However, manufacturers with large ammonia volume are mainly stable in price. The mainstream quotation in Shandong is 2900-3100 yuan/ton.

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In North China, liquid ammonia also increased slightly, with an increase of 50 yuan per ton. The market is mainly affected by the shortage of ammonia in Shanxi. Due to the limited tasks in Hebei, there are some obstacles in the market supply. Enterprises are also pushing up prices. The mainstream quotation in Hebei is 2800-3000 yuan/ton.

In mid-September, in view of the pressure of environmental protection, production restriction, active shipment from suppliers and relatively stable market transactions, the quotation of manufacturers in central China is maintained at around 2950-3100 yuan/ton and in Northwest China at around 2650-2700 yuan/ton.

In the future, business associations believe that the market may remain narrow fluctuations in the short term. Due to the impact of transportation before the festival, manufacturers’inventories may be pushed up in the short term, while prices rise, there are certain risks.

http://www.ammonium-persulphate.com

The price of sulphuric acid in Shandong fell slightly this week (9.16-9.20)

Price Trend

According to the price monitoring of business associations, the distribution price of sulphuric acid in Shandong fell slightly this week. The quotation fell from 223.33 yuan/ton at the beginning of the week to 216.67 yuan/ton at the end of the week, a decline of 2.98%, 55.78% compared with the same period last year. Overall, this week’s sulphuric acid market consolidated at a low level, with the sulphuric acid commodity index at 33.27 on September 20.

http://www.ammonium-persulphate.com

II. Market Analysis

(1) Products:

This week, the price of the main sulphuric acid producers in Shandong fell slightly, with fewer inventories and fewer downstream demand. Heze Jiangyuan quoted 160 yuan/ton at the weekend, compared with the beginning of the week, the quotation fell slightly by 20 yuan/ton; Zouping Tianlu quoted 40 yuan/ton, the quotation was temporarily stable; Jinan Yuanfei quoted 450 yuan/ton, the quotation was temporarily stable.

(2) Industrial chain:

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In recent years, domestic sulfur market continued to decline, cost support was weak; downstream monoammonium market trading atmosphere was not good, transaction was light, new orders were not ideal, diammonium market was low consolidation, downstream demand was less, sulfuric acid enterprises issued more early orders, short-term start was insufficient, supply was slightly tight. This week, domestic sulphuric acid plants run smoothly, market supply is relatively tight, downstream gas purchases are general, market turnover is limited.

3. Future Market Forecast

After the adjustment in August, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. The price of sulphur in the upstream has gone down all the way, and the purchasing in the downstream is general. Under the contradiction between supply and demand, the products have gone down. Business sulfuric acid analysts believe that the short-term market in Shandong Province, under the influence of supply and demand and raw materials, the sulfuric acid market tends to decline.

China’s domestic bromine market gradually rose this week (9.16-9.20)

Price data:

According to the data monitoring of business associations, bromine market in China began to explode this week. At the beginning of the week, the average price of bromine in China was about 30312 yuan/ton, and the average price at the weekend was about 30625 yuan/ton. The average price rose by 1.03% in the week, up 0.72% compared with the same period last year.

II. Cause Analysis

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Products: This week, domestic bromine prices gradually rose. Affected by National Day, many enterprises in North China have stopped. The overall starting rate in Shandong is not high and stocks are low. It is expected that the recovery time will be around mid-October, and the downstream market will enter the peak season. However, the impact of environmental protection is still large, and more purchases are just needed. At present, the mainstream quotation of enterprises is around 30,000-30,500 yuan/ton.

Industry chain: the upstream industry of bromine varies this week: the demand of sulfur market is poor, down 2.79% in the week, and it is about 580 yuan / ton at present; the production of caustic soda market is stopped and limited, which is up 18.47% in the week, and it is about 850 yuan / ton at present; the soda ash market operates stably, with an average price of about 1740 yuan / ton at present; the downstream demand of sulfuric acid market is not good. Jia, a 2.98% drop in the week, currently about 216 yuan/ton. At present, the downstream flame retardant industry of bromine has started to work smoothly under the influence of environmental protection, and it is expected that the demand for bromine will increase after the Eleventh anniversary. The industry of pharmaceutical and agricultural intermediates will start to work smoothly under the influence of environmental protection and just need to buy.

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3. Future Market Forecast

Bromine industry analysts of business associations believe that due to the influence of National Day, domestic bromine enterprises start at a low level, most enterprises stop, and expect to recover after the National Day holiday. However, near November, due to seasonal temperature, bromine enterprises will mostly enter the shutdown period, spot supply will be a certain shortage, which is good for bromine price support. It is expected that the domestic bromine price will increase in the coming period.

http://www.ammonium-persulphate.com

Narrow volatility of ethanol market prices in China (9.2-9.6)

Price Trend

This week, the domestic ethanol market has a narrow fluctuation. According to the monitoring data of business associations, the price of domestic ethanol market was 5380 yuan/ton at the beginning of the week and 5420 yuan/ton at the end of the week. Within the week, the price of domestic ethanol market rose by 0.74%, and the price was 0.74% higher than that of the same period last year. The price of domestic ethanol market fell by 1.89% compared with the same period last year.

II. Market Analysis

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Products: Alcohol began to rise in some areas this week, only in Henan Province after the price of small factories fell. Northeast enterprise equipment gradually opened, Heilongjiang Nehe plant recently put in materials, although the supply side of enterprises has rebounded, but the enterprise inventory is not high, affected by the high level in some areas, the willingness of enterprises to pull up is obvious, the quotation of large factories has been pulled up, and the market transaction price has risen sharply; Henan small factory price has been pulled up earlier this week, but later small. After the factory pulled up, the shipment situation was blocked, and the price fell on Thursday. Shandong floated spring plant reduced production, and the supply side was good. The price of East China rose slightly, but at present, the construction situation of East China enterprises was not much. The downstream part digested the inventory of Northeast China, the ethyl acetate factory had not started to purchase, the raw material price remained high, and the market price was firm. Southern cassava alcohol enterprises are supported by good supply side and high price is sorted out; molasses alcohol is produced by only one enterprise, supported by good supply side, and the market transaction price has risen sharply; there is no spot of cassava alcohol in Guangdong, and there is a shortage of high-grade alcohol, and only the supply of Xintiande and Ante in Guangxi, Xintiande’s high-grade alcohol is mostly available. In Guangxi, Ante’s price is higher than the market. In Zhanjiang area, the supply side is less, the price remains stable. In anhydrous area, Jinyuan and Xintiande supply this week, and in the case of non-arrival of foreign goods, the price is stable.

Industry chain: Upstream, corn: Due to last week’s fall in corn prices, traders are cautious about shipments, deep processing enterprises to reduce the volume of goods, some deep processing enterprises in North China to buy prices have rebounded. Demand in the lower reaches of Northeast China is weak, and under the pressure of spring maize listing in North China, traders are more active in delivering goods, the quantity of deep processing enterprises has increased, and the purchase price of some manufacturers has decreased. The auction of temporary storage maize has been changed from 4 million tons to 3.5 million tons, with a reduction of 500,000 tons. Although the reduction is not much, it is also a beneficial influence from the loose supply-demand relationship of maize nowadays. Market sentiment has dropped to a low point, and it is expected that the turnover rate will continue to operate at a low level.

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As for downstream ethyl acetate, the high end of raw material acetic acid has fallen, but the mainstream transaction is still high, and the cost pressure of ethyl acetate supplier is high. The lower end of the terminal is in conflict with the high price of ethyl acetate, and the purchase and sale of small orders is the main cause of the continuous low volatility of its own profits. Short-term raw material acetic acid is still strong, ethyl acetate supply side stock is limited, downstream purchasing just needs, maintain smooth market transactions. Ethyl acetate profits are expected to remain at a loss next week.

3. Future Market Forecast

Northeast China’s raw material prices are weak, cost is short, enterprise equipment is stable, large factories carry out more contract orders, downstream procurement is just needed, National Day is approaching, it is expected that there will be restrictions in the latter period, enterprise shipment difficulties, it is expected that the short-term market will remain in order; Henan security inspection adheres to, enterprises. Unit shutdown, start-up time is not yet determined, from the demand point of view, there is no mass purchasing situation; East China raw materials remain high, prices rise, downstream consumption of Northeast supply, local shipment situation is general, short-term market is expected to be weak finishing; South China molasses alcohol enterprises are expected to drive next week, supply side There will be a rebound. Under this influence, it is expected that molasses and alcohol will be disadvantaged, cassava supply is not high, and it is expected to remain stable in the short term. Ethanol analysts at business associations expect the domestic ethanol market to remain stable and small next week

http://www.ammonium-persulphate.com

The price trend of ammonium nitrate in the market was stable this week (9.2-9.6)

Price trends:

 

According to statistics, the domestic ammonium nitrate ex-factory price trend is temporarily stable this week. The weekend average price is 1983.33 yuan/ton, which is temporarily stable from 1983.33 yuan/ton at the beginning of the week, down 0.83% from the same period last year.

II. Market analysis:

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Products: This week, the domestic ammonium nitrate market price remains stable, the domestic ammonium nitrate plant is running smoothly, is in the downstream demand off-season, ammonium nitrate factory shipment market is general, downstream on-demand procurement, coupled with environmental protection control, the downstream civil explosion industry in China has stopped production more, domestic ammonium nitrate factory start-up is limited. Domestic prices remain low. By the end of the weekend, the mainstream of negotiations in Shaanxi was 2000-2100 yuan/ton, in Shandong was 190-2000 yuan/ton, and in Hebei was 1850-1950 yuan/ton. Affected by environmental protection, some downstream factories were forced to limit production or stop production for maintenance to accept environmental protection inspection. The demand for ammonium nitrate was at a low level, and the market price of ammonium nitrate was maintained. Keep oscillating.

 

 

Industry chain: This week’s domestic nitric acid price trend is temporarily stable, the market price is 1600 yuan/ton by the end of the weekend, this week’s price trend is stable, the domestic nitric acid market price maintains a low level, Jiangsu mainstream manufacturers offer 1600 yuan/ton, Anhui mainstream manufacturers offer about 1600 yuan/ton, Shandong manufacturers offer 1600-1630 yuan/ton, nitric acid In general, the lower price of upstream nitric acid market has a negative impact on the downstream ammonium nitrate Market price; the upstream raw material liquid ammonia price fluctuation, the end of the weekend liquid ammonia market price of 333.33 yuan/ton, liquid ammonia is affected by the upstream cost, and most manufacturers inventory pressure has increased compared with the previous period. Some units were restarted and local ammonia supply increased in the region. Especially in Shanxi and North China, the supply of ammonia was sufficient for most manufacturers. The price quoted by manufacturers in North China maintained above and below 2900-3300 yuan/ton, while that in Northwest China was above and below 2500-2600 yuan/ton. The low price of liquid ammonia had a negative impact on the downstream ammonium nitrate market. 。 Recently, the downstream civil explosion industry is in the off-season. The demand for ammonium nitrate market remains low. The inventory of ammonium nitrate manufacturers is high. The market of nitric acid is not good, and the price of nitric acid market remains low.

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Industry: In recent years, ammonium nitrate Market is in general, downstream civilian explosion industry parks more, coupled with the upstream raw material market nitric acid price low shock, ammonium nitrate market price trend is stable.

3. Future market forecast:

Ammonium nitrate analysts believe that the recent upstream raw material nitric acid and liquid ammonia market prices remain low, coupled with poor demand downstream, ammonium nitrate market prices are expected to maintain low volatility in the later period.

http://www.ammonium-persulphate.com

Lead prices surged 1.46% (09.02-09.06) this week.

Price Trend

 

This week’s lead market (09.02-09.06) shocks and rises. The average domestic market price is 17131.25 yuan per ton at the beginning of the week and 17381.25 yuan per ton at the end of the week, with a weekly increase of 1.46%.

 

On September 6, the lead commodity index was 105.78, up 1.29 points from yesterday, down 21.07% from 134.01 points in the cycle (2016-11-29) and 41.74% from 74.63 points on March 19, 2015. (Note: Period refers to 2011-09-01 to date).

 

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II. Market Trend Analysis

Domestic market: This week’s lead price continued last week’s upward trend, with a cumulative weekly increase of about 200 yuan/ton. The main trading range of spot lead is 17150-17475 yuan/ton. This week, driven by the expectation of refinery overhaul and military parade production restriction, lead prices continue to rise, which stimulates downstream purchasing enthusiasm. However, considering the price advantage, purchasing mostly favors refinery supply. Mainstream quotation of brand lead in Shanghai maintained around 17300-17500 yuan/ton. Brand lead in the market concentrated in Jinsha lead in Shanghai, Henan Yuguang, Wanyang, Minshan, Guangdong Nanhua lead and so on. Because of the high price of lead, downstream delivery was more cautious, the market was mostly long single transaction, and bulk single transaction was less.

Domestic events:

The global lead-acid battery market will reach 52.5 billion US dollars by 2024: According to the latest report released by Markets and Markets, the global lead-acid battery market will reach 52.5 billion US dollars by 2024, with a compound annual growth rate of 4.7%. Increased demand for grid-connected renewable energy and expansion of data centers are contributing to the steady growth of the lead-acid battery market.

U.S. lead imports fell in July: Washington, Sept. 4, according to figures released Wednesday by the U.S. Department of Commerce, imports of Unforged refined lead in July were 25,733,471 kg, down from 33,903,190 kg in June, and from January to July this year totaled 238,382,765 kg. The United States exported 608,719 kg of Unforged refined lead in July, much higher than 258,172 kg in June and 9,605,967 kg in January-July.

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Non-ferrous Industries: This week, the Premier of the State Council chaired a national regular meeting, demanding timely use of policy tools such as general and directional reduction to increase support for the real economy; China and the United States agreed to hold the thirteenth round of high-level Sino-US economic and trade consultation in Washington in early October, and the resumption of Sino-US negotiations had a pessimistic macro-sentiment towards the earlier stage. The final value of PMI in U.S. manufacturing industry returned to the 50-integer level in August and was better than expected, but it was still the lowest level since September 2009. In August, ADP employment and ISM non-manufacturing PMI in the United States were higher than expected, and the overall data was warmer. In August, the manufacturing PMI of the euro zone and France were higher than expected, while the Italian manufacturing PMI was below the 50-year-old level for 11 consecutive months. Overall, this week’s macro news is optimistic, overall sentiment has warmed up, the dollar index has fallen high, and this week’s rally in basic metals has rebounded sharply.

3. Prospects for the Future Market

Next week, the market may usher in more long-term confidence in entering the market, and next week, due to the Mid-Autumn Festival holiday, there are only four trading days, basic metals will be easy to rise and difficult to fall, showing a common strong feature. Lead prices are expected to remain high next week.

http://www.ammonium-persulphate.com

In August 2019, the tin market was dragged down by futures by 2.86%.

Price Trend

http://www.lubonchem.com/

In August 2019, the domestic 1_tin ingot Market shocked down. The average price of the domestic market was 13587.50 yuan/ton at the beginning of the month and 132,000 yuan/ton at the end of the week, a decline of 2.86%.

On August 31, the tin commodity index was 67.24, which was the same as yesterday. It was 32.93% lower than the cyclical peak of 100.25 points (2011-09-05), and 56.88% higher than the lowest point of 42.86 on December 09, 2015. (Note: Period refers to 2011-09-01 to date).

II. Market Analysis

Domestic market: International trade frictions continue to bear the market. Affected by them, Lunci continued its slump this month, falling 8.8% in March 31, and Lunci prices have fallen to their lowest level since May 2016. As a result, Shanghai Tin futures continued to fall this month. On August 19, the price fell to 132,000 yuan. At the end of the month, the price further dropped to a low of 1277 million yuan. On June 30, Shanghai Tin futures closed at 129,480 yuan/ton. Futures market dragged the spot market down by 2.86% this month. At the end of the month, the main transaction price in the spot market is 13100-133000 yuan/ton. For the Shanghai Tin 2001 contract, the price is 2400 yuan/ton for Supanyun Tin, 2200 yuan/ton for ordinary Yunzi Tin and 2000 yuan/ton for small brand Tin.

Import and Export: Jakarta, August 5, news, Indonesia’s Ministry of Trade news, Indonesia’s refined tin exports in July 2019 decreased 33% year-on-year to 4,397.40 tons. Indonesia exported 6,575.80 tons of refined tin in the same period last year. On a year-on-year basis, exports in July were 42% lower than in June. Indonesia is currently the world’s largest exporter of refined tin.

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According to data released by the World Bureau of Metal Statistics (WBMS) on August 21, the global tin supply gap in January-June 2019 was 0.42 million tons. The total reported inventory was 9.1 million tons higher than at the end of 2018, but this included an unexplained increase of 60,000 tons in Indonesia. Global refined tin production increased by 20,000 tons compared with January-June 2018. Asia’s output decreased by 0.08 million tons year on year. Apparent demand in China increased by 5.5% year on year. Global tin demand in January-June 2019 was 185,800 tons, an increase of 1.6% over the same period last year. Japan’s consumption was 13.9 million tons, down 6.4% from the same period last year. In June 2019, the output of refined tin was 33.8 million tons and the consumption was 34.1 million tons.

Data released by the Beijing Branch of the International Tin Association (ITA) show that China’s refined tin production in the first half of 2019 decreased by about 10% from a year earlier to about 75,000 tons. ITA’s survey of 15 refineries in China showed that the output of tin refining in June was about 12,500 tons, a 9% decrease in ring-to-ring ratio and the same ratio. China is the leading tin producer. Cui Lin, ITA’s chief representative for China, said that the decline in tin refining production was due to the reduced supply of tin concentrates in Myanmar and weak demand in China. Tin futures prices in Shanghai have fallen by nearly 8% since the beginning of the year, to about 134,000 yuan per ton. Cui said prices below $140,000 would affect production because of the high cost of ore supply in Myanmar.

Domestic events:

Timah, Indonesia, expects to sell 60,000 tons of tin in 2019: Jakarta, Aug. 27, said Emil Ermindra, finance director of PT Timah, Indonesia’s state-owned tin miner, on Tuesday that the company expects to sell about 60,000 tons of refined tin this year. According to company data, this will more than double the 29,914 tons in 2018. Adi Hartadi, vice president of investor relations, said the company sold 31,600 tons of refined tin between January and June, up from about 12,700 tons last year. Timah produced 37,700 tons of refined tin in the first half of the year, tripling from the same period last year. A regulation introduced last year allowed companies to recruit illegal grave miners as contractors within the franchise and obtain production from them, which led to a jump in Timah’s production. Timah expects its output to more than double to about 70,000 tons in 2019, but an official says the company has taken steps to slow production.

3. Prospects for the Future Market

Entering September, the market is full of expectations for gold, silver and silver. The US dollar keeps rising and vigilantly declines. The rebound of crude oil also brings confidence to commodities. The surge of nickel transfers the source of confidence for the bulls in the market. The rhythm of basic metals may continue to rise steadily next week. Lunsey’s price is expected to rebound after adjusting for the low volatility in September, but with limited strength. It is expected that the spot tin market will be mainly volatile and slightly higher in September.