Category Archives: Uncategorized

High crude oil prices, gasoline and diesel prices continue to rise

This week, the international crude oil price is running at a high level, the terminal market is bullish, the demand for refined oil is supported, and the domestic product oil price is up. According to the monitoring data of the business agency, the gasoline price on December 11 was 5707 yuan / ton, up 2.38% from the beginning of the week; on December 11, the price of diesel oil was 4993 yuan / ton, up 1.67% from the beginning of the week.

 

EDTA

Due to the positive news of the new crown vaccine, the market hopes for a rebound in fuel demand, adding to the news of the oil well attack in Iraq, offsetting the negative effect of the substantial increase in US commercial crude oil inventories. In the near future, oil prices are likely to remain strong. WTI crude oil prices rose 0.67% this week, while Brent crude oil prices rose 1.46%.

 

In terms of gasoline demand, the weather turns cold, the number of car trips increases, and the demand for gasoline market is supported. In addition, the international oil price is rising, and the demand for diesel oil in the terminal market is increasing. In terms of diesel demand, the domestic weather is getting colder, and the outdoor diesel demand for road engineering and infrastructure projects is gradually declining. However, the rush work of some infrastructure projects a year ago has a certain supporting effect on the diesel market demand.

 

As of December 11, the average start-up load of the daily decompression unit was about 75%, and the start-up load of the refinery was basically stable, and the domestic product oil supply was sufficient.

 

Lu Xingjun, oil product analyst of business agency, believes: the growth of oil market demand for vaccine mass vaccination is expected to push the international oil price to a periodic high, but there is no real supply-demand news to boost it. At the same time, the oil product market demand maintains a just demand. In the short term, the oil product market price is expected to decline steadily.

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potassium carbonate price rises this week (12.07-12.11)

According to the data monitored by the business agency, at the beginning of this week, the average ex factory price of domestic light potassium carbonate was 6225.00 yuan / ton, while at the weekend, the average price of domestic light potassium carbonate was 6375.00 yuan / ton, up 2.41%. The current price was up 3.66% month on month, and the current price was down 0.39% year on year.

 

Azodicarbonamide (AC foaming Agent)

This week, the domestic market of potassium carbonate is rising, the supply is tight, the regional inventory is at a low level, the downstream factories take more goods on demand, the potassium carbonate manufacturers have a positive attitude, and the price is rising. According to the statistics of the business agency: this week, the mainstream factory quotation range of industrial grade potassium carbonate in China is about 6000-6700 yuan / ton (the quotation is for reference only), and the quotation is different according to the purchase situation.

 

On December 11, the potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operated normally. The ex factory quotation is 2020 yuan / T, which is stable temporarily. The actual transaction price is mainly negotiated. On December 11, Anhui Badou Chemical Co., Ltd. offered 2300 yuan / T potassium chloride, which was temporarily stable. The actual transaction price was mainly negotiated. Potassium chloride Market Volatility in the near future, high consolidation, can give potassium carbonate a certain cost support.

 

In the near future, domestic potassium carbonate prices are expected to rise in the short-term, but there is still a small demand for domestic potassium carbonate in the short-term. (the above prices are provided by major potassium nitrate manufacturers all over the country and analyzed by potassium carbonate analysts of business club for reference only. Please contact relevant manufacturers for more price details.).

EDTA

Octanol price in Shandong rises this week (11.30-12.04)

1、 Price trend

 

Azodicarbonamide (AC foaming Agent)

The factory price of octanol in Shandong Province rose this week. This week, the average price of octanol mainstream factory quotation in Shandong increased from 9266.67 yuan / ton at the beginning of the week to 10000.00 yuan / ton at the end of the week, an increase of 7.91%, and a year-on-year increase of 43.54% compared with the same period last year. Overall, octanol market rose this week, with the octanol commodity index of 73.53 on December 4.

 

2、 Market analysis

 

Compared with the initial quotation of Shandong Xinli alcohol Co., Ltd., the price of Xinli alcohol increased by RMB 10100 / T from the beginning of last week to the quotation of Xinli alcohol Co., Ltd. at the end of this week, the price of Xinli alcohol increased by RMB 10100 / T compared with the quotation of Shandong Xinli alcohol Co., Ltd. at the end of this week, the price of Xinli alcohol increased by RMB 10100 / T compared with the quotation of Shandong Xinli alcohol Co., Ltd. at the end of this week It increased by 200 yuan / ton.

 

Judging from the upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol rose this week, with the quotation rising from 7739.18 yuan / ton at the beginning of the week to 7843.73 yuan / ton at the end of the week, with an increase of 1.35%, 13.47% compared with the same period last year. Upstream raw material market price rise, affected by the supply and demand side, has a positive impact on the price of octanol.

 

The downstream market of octanol, DOP factory price fell slightly this week. The DOP quotation fell from 9866.67 yuan / ton at the beginning of the week to 9700.00 yuan / ton at the end of the week, a decrease of 1.69%, and a year-on-year increase of 31.67% over the same period last year. Downstream DOP prices fell, downstream customers are generally enthusiastic about octanol procurement, octanol demand is general, and future market operators are more likely to wait for DOP trend.

 

3、 Future forecast

 

In the first ten days of December, the market trend of octanol in Shandong Province may fluctuate slightly. The upstream propylene market rose and the raw material support was strong, but the downstream DOP market fell slightly, the downstream purchasing enthusiasm was weak, and the octanol supply was normal. Octanol analysts believe that: in the early December of Shandong octanol market in the supply and demand and raw materials and other aspects of the impact, octanol market or a small shock down.

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BDO market price in high deadlock

This week, some listed companies announced the new moon listing, mainly to support the market. However, the domestic BDO market remained stagnant. According to the sample data monitored by the business agency, the average price of domestic BDO producers was 12250 yuan / ton at the beginning of the week, and 13125 yuan / ton at the weekend. During the week, the price increased by 7.14%, the price rose by 16.15% month on month, and increased by 34.20% year-on-year.

ferric sulfate (Poly ferric sulphate)

 

Some enterprises announced the new settlement price and listing price:

 

Enterprises, settlement in November (bulk water delivery), listing in December (bulk water delivery)

Xinjiang Meike Chemical Co., Ltd. East China 11600 yuan / ton, South China 11800 yuan / ton, East China 13000 yuan / ton, South China 13200 yuan / ton

Xinjiang Lanshan Tunhe Chemical Co., Ltd. East China 11600 yuan / ton, South China 11800 yuan / ton, East China 13000 yuan / ton, South China 13200 yuan / ton

Sodium Molybdate

This week, some production enterprises restart or increase load, and the overall start-up has increased, but the inventory of each factory is still within the controllable range; at the same time, the raw material calcium carbide rises, the cost pressure increases, and the supplier continues to make high offer, so the interest intention is not strong. Some factories announced that the settlement prices in November were 11600 yuan / ton in East China and 11800 yuan / ton in South China, and the listed prices in December were 13000 yuan / ton in East China and 13200 yuan / ton in South China, showing obvious intention to support the market. The market is against the high price, the demand is relatively stable, and the BDO market is in a high deadlock situation.

 

In terms of equipment, Tianye’s 30000 ton unit was restarted and began to be exported; Hebi, Henan Province, was overhauled on November 14 and is expected to restart on December 10; Yanchang oil’s products were exported on November 25, with a current load of about 60%.

 

However, the downstream demand is relatively stable, and the BDO market is in a stalemate situation. BDO analysts predict that the domestic BDO market will remain high in the short term.

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Xylene market price in China fluctuated this week (Nov. 23-nov. 29)

1、 Price trend

 

ferric sulfate (Poly ferric sulphate)

The domestic xylene market showed a volatile trend this week. As of Friday, the domestic market average price was about 3640 yuan / ton, up 0.28% month on month.

 

2、 Analysis and comment

 

This week, the domestic xylene market showed a volatile trend. Sinopec’s enterprises in South China have increased the price of xylene by about 50 yuan / ton this week. Port inventory is high. At present, the port inventory in East China is about 123000 tons, down 8000 tons compared with last week. The pressure to go to the warehouse is not reduced. Market oversupply, downstream Px, gasoline blending demand is general. At present, the mainstream price in East China is about 3730 yuan / ton. The future market will focus on the outcome of the US election, the progress of the US economic stimulus plan, the fluctuation of the US dollar index and the stock market, the geographical situation in the Middle East and the impact of OPEC + on crude oil supply, the impact of the continuous deterioration of overseas epidemic situation on the demand for crude oil, the progress in the research and development of the new crown vaccine, the global economic recovery, and the European and American economic recovery relief plan Progress.

 

Upstream, in terms of crude oil, the international oil price has been positive for four consecutive weeks, breaking the high level since the beginning of March. The overall prospect of vaccines is good, which stimulates the hope for a rapid recovery of oil demand. The US crude oil inventory is unexpectedly reduced, and the U.S. government starts an orderly handover. OPEC + is expected to discuss postponing the production increase plan, strengthening the expectation. However, the implementation of blockade measures due to the deterioration of the epidemic situation, the increase in the number of active drilling rigs in the United States, and the increase in production in Libya are all risk factors for bulls. Short term oil prices may have adjusted demand, and the overall trend tends to rise, so as to prevent repeated high exploration and backstepping. As of Friday, spot Brent rose $3.59/barrel to close at $47.025, up 8.27% month on month. At present, the main uncertain factors in the market come from the new crown epidemic in Europe and the United States and the uncertainty of the US presidential election. The final direction of crude oil will not take further action until the demand side is better and the US election is clear. In the medium term, oil prices mainly depend on the recovery of demand side and the direction of macro market.

 

Sodium Molybdate

Downstream, in terms of PX market, Sinopec’s listed price this week was about 4300 yuan / ton, and the latest external price was about 545 US dollars / ton FOB Korea and 563 US dollars / ton CFR China. It is expected that the short-term PX market will fluctuate slightly. In terms of PTA market, the market price continues to rebound this week. The domestic PTA spot market price is about 3350 yuan / ton, and the external price is about 450 US dollars / ton CFR China. It is expected that PTA price will fluctuate slightly next week. In terms of ox market, Sinopec quoted 5300-5500 yuan / T of o-benzene, and the external price of o-benzene was about 650 US dollars / ton FOB Korea and 690 US dollars / ton CFR China. It is expected that the price of o-benzene will maintain a stable trend next week.

 

3、 Future forecast

 

Xylene analysts of the chemical branch of the business society think: look at the supply cost side, the implementation of OPEC + production reduction, the total number of us oil drilling and weekly EIA, API inventory data. Second, on the demand side, the impact of the worsening global epidemic situation on crude oil demand, the progress of industrial chain recovery, the economic and trade situation of Europe and the United States and the progress of economic recovery and rescue plan. Third, look at the geopolitical situation in the Middle East and China and the United States, the progress in the research and development of new coronal vaccine, the linkage between the US dollar index and the stock market. Next week, we will focus on the geopolitical situation in the Middle East and the impact of the news of the OPEC Conference on November 30 and the OPEC + ministerial meeting on December 1 on the trend of crude oil. Overall, xylene in the domestic market is expected to fluctuate slightly next week.

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The price of caustic soda is weak in November

1、 Price trend:

 

Stannous Sulphate

According to the monitoring data of the business agency, the price of caustic soda is weak. At the beginning of the month, the average price in Shandong market was 495 yuan / ton, and at the end of the month, it was 490 yuan / ton, the price dropped by 1.01%, and fell by 27.94% in the same period last year. On November 29, the commodity index of caustic soda was 70.50, unchanged with yesterday, 65.92% lower than 206.87 (2017-11-14), and 8.28% higher than the lowest point of 65.11 on October 09, 2020. (Note: period refers to 2011-09-01 to now)

 

2、 Market analysis

 

At the beginning of the month, the price of domestic liquid caustic soda was mainly stable, with a strong sense of price rising in the upstream and weak demand in the downstream. In November as a whole, the downstream purchasing demand is general, and there is a certain conflict with the current price of caustic soda. It is expected that the follow-up or narrow range of caustic soda consolidation will be weak. The price of caustic soda in Shandong is weak. The mainstream ex factory price of 32% caustic soda is 400-530 yuan / ton, and that of Jiangsu market is 530-600 yuan / ton. The price of flake caustic soda in Shandong market is 1800-2000 yuan / ton, and the price of 99% flake caustic soda is 1600-1650 yuan / ton in Inner Mongolia. The downstream market is mostly purchased on demand. The market atmosphere is not good, and the downstream transaction follow-up is weak. Enterprises mainly discuss and ship. It is expected that Inner Mongolia will stabilize the market temporarily in the near future.

 

Bacillus thuringiensis

Upstream and demand: domestic crude salt trading atmosphere is good this week, and prices in some regions are stable and upward. The operation of sea salt is stable, the well and mineral salt areas perform well, and the price rises. The performance of lake salt is not good, the downstream purchasing intention is not good, and the market performance is weak. The performance of domestic liquid chlorine market is strong, and the price performance of main production areas is better. Up to now, the main market of tank cars in Shandong market has reached about 1700-1800 yuan / ton. Supported by the demand side, the price of liquid chlorine is expected to remain high. On the downstream side, recently, affected by the haze weather in the heating season in northern China, the restrictions on the start-up of downstream enterprises have increased, the alumina production has a downward trend, and the demand remains flat.

 

According to the price monitoring of the business agency, in the 47 th week (11.23-11.27) of 2020, there are 2 kinds of commodities rising, 1 kind of falling commodity and 2 kinds of goods with 0 rising or falling. The main commodities that rose were calcium carbide (1.83%) and PVC (0.31%); light soda ash (- 11.93%) decreased. This week, the average rise and fall was – 1.96%.

 

Business analysts believe that in the near future, the overall price of caustic soda is mainly weak, the cost side has little change, and the operation is mainly based on big stability and small movement. With the improvement of caustic soda production, the supply pressure is increasing, and the downstream purchasing demand is general, there is a certain conflict with the current price of caustic soda. It is expected that the caustic soda will be sorted out in a narrow and weak range in the future, which depends on the downstream market demand.

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Crude oil and gasoline prices rose, and MTBE market prices rose

Crude oil prices rose sharply, gasoline market prices rose slightly, demand for intermediate materials such as MTBE increased, and the market price of MTBE rose. The price of MTBE on November 27 was 2800 yuan / ton, up 3.64% from the beginning of the week, according to business agency data.

 

EDTA

In November, the international oil price continued to push up, and has been rising for four consecutive weeks. At the same time, the weather turned cold, car travel increased, and gasoline demand was guaranteed. The purchasing intention of MTBE and other intermediate materials is positive, the market transaction atmosphere is good, and MTBE manufacturers actively push up. In addition, the overall operating load of domestic MTBE units is at a low level in the short term, and the supply of MTBE market is tight, which provides certain support for the market price of MTBE. Overall, rising crude oil and gasoline prices and tight supply in the MTBE market boosted the price of MTBE market.

 

According to MTBE product analysts of energy branch of business agency, the international crude oil price has risen to a periodic high, and the demand of gasoline market is lack of substantial positive integration. The tightening of MTBE market supply alone can not bring much improvement to MTBE market price. It is expected that domestic MTBE prices will rise steadily in the short term.

Sodium Molybdate

Global renewable energy industry accelerates development

The process of global energy structure transformation is accelerating. With the international efforts to deal with climate change and low-carbon energy has become a consensus, more and more countries have actively introduced policies and measures to promote the development of renewable energy industry, and the development prospect of green energy industry is expected.

 

According to the report “world energy outlook 2020″ recently released by the International Energy Agency, under the background of the overall decline in global energy demand, the development and utilization of renewable energy shows greater flexibility. It is estimated that from 2020 to 2030, the demand for renewable energy power will increase by 2 / 3, accounting for about 80% of the increase in global power demand.

 

The International Energy Agency (IEA) urged more countries to actively formulate effective energy policies, accelerate the transformation of energy structure and boost the sustainable growth of renewable energy industry.

 

Bacillus thuringiensis

Growth of renewable energy industry against the trend

 

In the world energy outlook 2020 report, the International Energy Agency predicts that global energy demand will not fully return to pre epidemic levels until at least 2023. According to the report, affected by the epidemic situation and other factors, the global energy demand is expected to drop by 5% this year, of which the oil demand will drop by 8% and the coal consumption will drop by 7%. However, the renewable energy industry will continue to grow and is expected to replace coal as the main power generation mode in 2025. By 2030, renewable energy will provide nearly 40% of the world’s electricity supply.

 

According to the world energy statistics review released by BP, while global coal consumption continues to decline, global renewable energy is growing at a record rate, accounting for more than 40% of the growth of primary energy in 2019.

 

According to the latest report published by Eurostat in November, the total amount of renewable energy production within the EU in 2018 increased by 2.8% year-on-year. Compared with 10 years ago, the proportion of fossil energy continued to decline in 2018, while renewable energy showed an upward trend, with a growth rate of 49.2%.

 

At present, 25% of energy in Latin America comes from renewable energy. In recent years, wind power and photovoltaic power generation have increased significantly. According to the Brazilian Solar Energy Association, the installed capacity of solar power in Brazil has increased more than five times since 2018. According to the latest data from the Brazilian Wind Energy Association, the installed capacity of wind power in the country has increased more than 15 times since 2010.

 

According to the International Renewable Energy Agency, wind power is currently the most popular renewable energy power generation mode in Latin America. Last year, it absorbed 8.9 billion US dollars of investment, an increase of 87% year-on-year. Solar power generation followed closely, with a cumulative investment of 8.1 billion US dollars, a year-on-year increase of 31%.

 

The development of photovoltaic industry in Africa is also accelerating. According to the Market Research Report of the industry organizations of new energy finance and green Cape, South Africa’s solar energy leasing platform sun exchange predicts that in the five years from 2019 to 2024, the market potential of sub Saharan Africa in the field of industrial and commercial photovoltaic may exceed $7 billion.

Many countries increase the development of new energy

 

At present, more and more countries attach importance to the development and utilization of new energy, and correspondingly introduce more industrial support policies and green recovery plans to accelerate the transformation of energy structure to low-carbon.

 

South Korea recently announced a long-term renewable energy plan to increase renewable energy power development. According to the plan, by 2034, all coal-fired power plants in South Korea will be decommissioned, and the proportion of renewable energy in South Korea’s energy structure will increase from 15.1% to 40%.

 

According to the “2030 national energy plan” released by the French government, it will continue to increase the proportion of renewable energy generation in the field of power supply, especially the proportion of wind power, so as to realize the energy transformation. By 2030, renewable energy will account for 40% of France’s electricity supply, of which wind power is expected to account for 20%. Germany plans to increase the proportion of renewable energy from the current 18% to 30%.

 

In July this year, the European Commission launched the EU energy system integration development strategy. At the same time, it promoted the establishment of industry alliances in several key areas such as clean hydrogen energy and batteries, and promoted the development of relevant fields and investment through inter industry cooperation. In the long-term budget of the “next generation EU” recovery plan, the EU requires Member States to spend at least 37% of their public investment on climate change related fields in the process of promoting economic recovery, and further relax the financial restrictions on Member States’ investment in renewable energy projects.

 

The Chilean government officially launched the green hydrogen energy strategy in November this year to promote the transformation of energy structure. In December last year, the Chilean government announced that it would speed up the adjustment of its energy structure. It planned to reduce the share of coal-fired power generation to 20% by 2024, gradually increase the proportion of hydropower, wind, solar and biomass power generation, increase the proportion of renewable energy in the country’s total energy to 70% by 2030, and completely shut down all coal-fired power plants by 2040.

 

The Brazilian government has continuously introduced policies and measures to provide funds and policy support for infrastructure and projects related to solar energy and other industries. By 2035, the total investment in Brazil’s power industry will exceed US $30 billion, of which 70% will be used for renewable energy technologies such as solar photovoltaic, wind power, biomass energy and marine energy.

The future of industrial development is expected

Chitosan oligosaccharide

 

Dr. Fatih Birol, executive director of the International Energy Agency, said that if governments and investors can step up the development and utilization of clean energy according to the sustainable development concept set by the International Energy Agency, it will be a great encouragement to deal with global climate change. The international energy agency calls on the government, energy companies, investors and the public to actively participate in promoting the transformation of energy structure optimization.

 

Nicholas Stern, former chief economist of the world bank, said that from a global perspective, the supply of fossil energy such as oil and natural gas is increasingly uncertain. In contrast, the development prospect of renewable energy industry is promising. According to stern analysis, with the increasing attention paid to the issue of climate change, more and more countries are making efforts to reduce the emission pollution caused by fossil energy such as oil. At the same time, the global cost of renewable energy development is declining, which provides an opportunity for the growth of the industry. Many countries have attached more importance to the development of renewable energy industry in the medium and long term.

 

Benmike Williams, an energy expert at the brueger Institute of economics in Belgium, believes that while the government increases public investment, it is also important to effectively attract private investment. On the one hand, governments can adjust market expectations through policy guidance, so that investors can foresee the prospect of investment in low-carbon economy; on the other hand, they should further accelerate the construction of internal energy market integration, strengthen international policy coordination, and ensure that energy prices remain stable and reasonable, so as to attract investors’ attention to green energy industry.

 

“In order to achieve sustainable development and the climate objectives of the Paris Agreement, Member States should strive to increase the proportion of renewable energy sources, ensure universal and reliable electricity, and actively build inclusive, resilient and low-carbon energy systems.” Ali shahbana, executive secretary of the UN Economic and Social Commission for Asia and the Pacific, said at the 2020 global energy Internet (Asia) conference. The conference proposed to speed up the development of clean energy bases with good resource conditions and economic benefits, deliver power to the energy utilization centers in the continent, and create an energy development pattern of “power transmission from the west to the East, power from the north to the south, multi energy complementation and regional interconnection”. On this basis, power interconnection channels between Asia and Europe, Africa and Oceania will be built to realize cross continent energy mutual benefit.

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China’s domestic fluorite price trend stabilized temporarily this week (11.16-11.20)

According to statistics, the price trend of domestic fluorite is temporarily stable. As of the end of the week, the average price of fluorite in China was 2616.67 yuan / ton, which was the same as 2616.67 yuan / ton at the beginning of the week, with a year-on-year decrease of 8.54%.

 

povidone Iodine

The price trend of domestic fluorite market is fluctuating. Recently, some manufacturers have reported that their goods are in general, the downstream demand has not improved, and the fluorite price has not changed much. The operation of domestic fluorite manufacturers is stable, the operation of on-site mines and flotation devices is normal, the situation of fluorite in the yard is not good, and the fluorite market price remains stable temporarily. In the near future, the downstream hydrofluoric acid market price remained low, and the terminal downstream on-demand procurement was dominant, and the purchasing sentiment was not strong. As of the 20th, the price of 97 fluorite wet powder in Inner Mongolia was 2400-2600 yuan / ton, the mainstream of 97 fluorite wet powder negotiation in Fujian was 2500-2700 yuan / ton, the price of 97 fluorite wet powder in Henan was 2600-2700 yuan / ton, and the price of 97 fluorite wet powder in Jiangxi was 2600-2700 yuan / ton, Recently, the domestic fluorite price remains stable.

 

The price trend of hydrofluoric acid downstream of fluorite is mainly volatile. As of the 20th day, the domestic hydrofluoric acid market price was 8360 yuan / ton. This week, the hydrofluoric acid market price rose slightly by 0.06%. The low hydrofluoric acid market price has a certain negative impact on the upstream fluorite market, and the fluorite market price trend is temporarily stable. The market performance of refrigerants is still poor, the demand continues to be weak, and the market is hard to find. The market of refrigerants industry chain remains at a low level. The market of some types of refrigerants has risen. The manufacturers are under pressure to ship, and the sales pressure is increasing. The raw material hydrofluoric acid is weak and stable, and the supporting force is general. The export volume of refrigerant is expected to decline. The output of downstream air conditioning is low, and the demand is scarce. The after-sales market is in off Continue to reduce the price of goods to seek good. On the whole, the refrigerant market is hard to find good factors, the price continues to be low or will become normal, and the transaction focus is general. At present, the load of refrigerant R22 manufacturers is not high, the inventory is in a reasonable range, and the market price remains low. However, the downstream receiving capacity is limited, and there is a lot of wait-and-see mood. The actual transaction center of gravity is shifted downward. Some traders are looking for positive shipment, and the quotation is slightly lower than the manufacturer’s ex factory price, and there is a phenomenon of cost inversion. The mainstream of field negotiation is 12500-15500 yuan / ton. The domestic R134a market has increased, but the automobile market industry continues to be depressed, and the transaction atmosphere is light. There is sufficient supply of goods in the market, and there is the impact of new production capacity entering the market. The competition is fierce. The supply side gradually forms a negative situation. The price continues to be low. The downstream demand is not improved. The price of fluorite remains low.

 

On the whole, the market of downstream refrigerants is not good. In addition, hydrofluoric acid merchants have reported that the delivery of hydrofluoric acid has not improved, and the downstream hydrofluoric acid market is in a serious deficit state. Chen Ling, an analyst at the business agency, believes that the fluorite market price may remain low in the short term.

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The price of caustic soda is weak this week (11.09-11.13)

1、 Price trend:

 

EDTA

According to the monitoring data of the business agency, the price of caustic soda is in a weak position. At the beginning of the week, the average price in Shandong was 495 yuan / ton, while that in the weekend was 490 yuan / ton, with the price falling by 1.01% and 36.77% in the same period last year. On November 15, the commodity index of caustic soda was 70.50, flat with yesterday, 65.92% lower than 206.87 (2017-11-14), and 8.28% higher than the lowest point of 65.11 on October 09, 2020. (Note: period refers to 2011-09-01 to now)

 

2、 Market analysis

 

The price of domestic liquid caustic soda is mainly stable for the time being, with strong awareness of price rising in the upstream and weak demand in the downstream. The price of caustic soda in Shandong is weak. The mainstream ex factory price of 32% caustic soda is 400-530 yuan / ton, and that of Jiangsu market is 530-600 yuan / ton. The price of flake caustic soda in Shandong market is 1850-1950 yuan / ton. The price of 99% flake caustic soda is 1600-1650 yuan / ton in Inner Mongolia. Most of the downstream products are purchased on demand. The market atmosphere is not good, and the downstream transaction follow-up is weak. Enterprises mainly discuss and ship. It is expected that Inner Mongolia will stabilize the market temporarily in the near future.

 

EDTA 2Na

Upstream and demand: on the upstream side, the domestic liquid chlorine market was up and down each other, among which the North China market rose first and then fell during the week, while the East China, central China and Northeast China markets were dominant during the week. Up to now, Shandong market tanker 1100-1200 yuan / ton; Hebei market tanker mainstream transaction 1100-1200 yuan / ton. With the restart of Huatai plant at the weekend, the price of liquid chlorine dropped to about 1100. It is expected that the price of liquid chlorine will return rationally in the future. On the downstream side, the order price of alumina delivered to alumina plant in Xiaoyi area of Shanxi Province in November was increased by 50 yuan / ton compared with that in October. However, in recent years, the overall shipment of caustic soda is not good, there are new devices to increase the supply of caustic soda, and the price of caustic soda is weak.

 

According to the price monitoring of the business agency, in the 45th week (11.9-11.13) of 2020, there are 3 kinds of commodities rising and 2 kinds of falling commodities in the price rising and falling list of chlor alkali industry, and there are 0 kinds of commodities that rise or fall to 0. The main commodities that rose were calcium carbide (3.05%), PVC (1.85%) and hydrochloric acid (0.81%); the main commodities falling were caustic soda (- 1.01%) and light soda ash (- 0.89%). This week, the average rise and fall was 0.76%.

 

Business agency analysts believe that the downstream purchase demand of 11 caustic soda products is general, and there is a certain conflict with the current price of caustic soda. It is expected that the follow-up or narrow range of caustic soda sorting will be weak, and the specific demand of downstream market.

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