According to the monitoring data of business agency, as of September 28, the average ex factory price of domestic butanone market was 9000 yuan / ton. Compared with the price on September 1 (the average price was reduced by 8533 yuan / ton), the average price was increased by 467 yuan / ton, or 5.47%.

At the beginning of September, the transaction in the domestic butanone market continued the cold atmosphere of the previous month. From the 2nd, the butanone market began to decline sharply. In just two days, the ex factory price of butanone in Shandong butanone market fell to around 8100-8400 yuan / ton, and the ex factory price of butanone in Jiangsu butanone market was close to 8000-8300 yuan / ton, with a decrease of 3.12% in the first two days of the month. Subsequently, the market continued to be weak. Since June 6, the trading atmosphere in the domestic butanone market has warmed up, the low-end price of butanone has improved, and the willingness of butanone manufacturers to continue to sell goods has decreased. On June 6, the market price of butanone in Shandong and Jiangsu began to rise slightly by 50-100 yuan / ton. The ex factory price of butanone in Shandong is around 8200-8500 yuan / ton, and the downstream demand has not increased significantly, Butanone did not open and rose sharply. Subsequently, the domestic butanone market as a whole was weak. On the eve of the national day, the downstream of butanone still did not show a significant hoarding phenomenon. In the face of the current tepid trading atmosphere, on the 15th, individual butanone holders in Shandong narrowly reduced the ex factory price of butanone by 50 yuan / ton. The average ex factory price of domestic butanone was 8300 yuan / ton, a decrease of 2.53% in the first half of the month compared with the beginning of the month.

In late September, the high level of C4 market after raw ether still gave butanone some cost support. The atmosphere of butanone trading increased, and the intention of butanone operators to lower prices was not high. The market price of butanone rose rapidly. On the 17th, the high price of Shandong butanone market returned to 8900 yuan / ton, with an average price increase of 380 yuan / ton, up 4.62% compared with the 15th. The downstream has a general ability to accept high prices. In addition, some downstream areas are restricted by environmental protection, and the demand is reduced. The trading atmosphere of butanone market is general. The consolidation operation is close to the end of the month and before the national day, the downstream of butanone stores goods in a small range, and the price of butanone factory is increased by 200-600 yuan / ton. The market atmosphere is better, and the trading focus is rising. As of the 28th, The average ex factory reference price of domestic butanone was 9000 yuan / ton, an increase of 8.43% compared with the middle of the month and 5.47% compared with the beginning of the month.

Upstream, in September, the domestic civil liquefied gas market in Shandong rose as a whole. As of September 27, the reference price of liquefied gas was 5226.67 yuan / ton, an increase of 9.8% compared with September 1 (4760 yuan / ton). On September 27, the civil gas market in Shandong remained stable. Individual manufacturers slightly adjusted the ex factory price according to their own situation. At present, the mainstream quotation of civil gas in Shandong is about 5250-5280 yuan / ton. The National Day holiday is coming, there is a certain demand for replenishment before the downstream Festival, the enthusiasm for entering the market is OK, the overall shipment of manufacturers is moderate, and the price of liquefied gas civil market is expected to be strong in the short term.

Internationally, on September 27, the international oil price continued to rise. The settlement price of the main contract of WTI crude oil futures in the United States was US $75.45/barrel, an increase of US $1.47 or 2.0%, and the settlement price of Brent crude oil futures was US $78.72/barrel, an increase of US $1.49 or 1.9%. Brent crude oil rose to a high since October 2018, approaching the $80 mark in the session. The economy of the world’s major economies continued to recover and fuel demand rebounded, but U.S. inventories continued to decline, and the oil and gas recovery in the Gulf of Mexico was slow. In addition, it is difficult for the organization of Petroleum Exporting Countries and its allies (OPEC +) to increase production in the short term, and the supply-demand gap is expected to strongly support oil prices.

Future analysis of butanone

In the short term, the raw material cost still supports the butanone market, but after the short-term increase in downstream demand, the high price transactions on the floor are limited. Therefore, the butanone analysts of the business society believe that in the short term, the butanone market is expected to wait and see, sort and operate. More attention should be paid to the follow-up of raw material end and downstream demand.

According to the data monitored by the business community, as of September 27, the average price of PMMA of domestic general transparent superior products was 17100.00 yuan / ton, and the quotation range of mainstream manufacturers remained about 17000 yuan / ton. The PMMA price rose narrowly this month, and the overall price increased by 0.29%. The focus of negotiation was stable and the price range was small.

In the first ten days of September, domestic PMMA maintained a stable operation with limited price fluctuation range, mainly for contract customers and just needed to purchase in the downstream. At present, it is in off-season sales, with general transaction atmosphere and limited fluctuation range. The negotiation atmosphere is flat, the upstream raw materials are weak, the negotiation focus is low, the early trend is maintained in a short period, and the upstream acetone market is steadily rising, The acetone price of China Bluestar Harbin Petrochemical Co., Ltd. increased by 300 to 6900 yuan / ton, and the MIBK quotation in East China was adjusted at a high level of 21000-21500 yuan / ton. The transaction atmosphere was cold and the operating rate decreased.

In mid September, domestic PMMA maintained a stable operation with limited price fluctuation range, mainly for contract customers and just needed to be purchased downstream. At present, it is in off-season sales, with general transaction atmosphere and limited fluctuation range. The negotiation atmosphere is flat, the upstream raw materials are weak, the negotiation focus is low, the early trend is maintained in a short period, and the upstream phenol Market is rising in a narrow range, At present, the offer of the mainstream quotation area is 9350 yuan / ton in East China, 9300-9350 yuan / ton in Shandong and Yanshan surrounding areas, 9400-9450 yuan / ton in South China. The unit operating rate is normal. It is expected to be stable, medium and strong in the short term. The quotation range of the upstream acetone in East China is about 6150-6250 yuan / ton. The purchase enthusiasm is general and the willingness to prepare goods is not obvious, Maintain the early trend in the short term.

In late September, the domestic PMMA maintained a stable operation, the willingness to prepare goods before the festival was not obvious, the price fluctuation range was limited, mainly for contract customers, and the downstream just needed to purchase. At present, it is in the off-season sales, the transaction atmosphere is general, the fluctuation range is limited, the negotiation atmosphere is flat, the upstream raw materials are weak, the negotiation focus is low, the early trend will be maintained in the short term, and the acetone market is in a stalemate. However, with the advent of the double festival, especially the National Day holiday, the transportation of dangerous chemicals is blocked, and there are short-term goods preparation in some downstream. Under the condition of no pressure on supply, the mentality of cargo holders is more supported. The business agency expects a narrow upward trend in the East China market in the short term, and the negotiation is 6500-6650 yuan / ton.

Acetone commodity index: on September 26, the acetone commodity index was 68.52, the same as yesterday, down 43.85% from the highest point of 122.02 in the cycle (2020-06-16), and up 124.14% from the lowest point of 30.57 on April 8, 2019. (Note: the period refers to the period from September 1, 2011 to now)

Business agency PMMA analysts believe that the National Day holiday is coming, and the enterprise is not willing to stock goods. It is expected that the PMMA price will be stable after the holiday, and the procurement operation is just needed. (to get more information about goods and to grasp the price of commodities, welcome to subscribe to the business community through the official account of the business community, the market is the opportunity).

1、 Trend analysis

According to the nickel price monitoring of business society, the nickel price rose first and then fell this week. As of September 24, the spot price was 145900 yuan / ton, down 0.6% from 146783.33 yuan / ton at the beginning of the week, up 13.87% from the beginning of the week and 28.13% year-on-year.

Nickel weekly rise and fall chart

According to the weekly rise and fall chart of business society, in the past 12 weeks, nickel prices rose by 7 and fell by 5, and weakened in the past two weeks.

Macro factors: the global epidemic situation was severe, and the external market was weak during the holidays. Subsequently, the oil price continued to rise, reaching a new high in nearly a week, and US stocks rebounded higher. The Fed’s September minutes were hawkish, driving the dollar index up, and the trend of nickel price was weak.

Nickel industry chain

Supply: nickel ore prices continue to be strong and cost support is strong. Ferronickel is also affected by double control, which will reduce production, and there is a gap in downstream stainless steel, which needs to be filled by nickel plate.

Downstream: 300 series stainless steel decreased by 12.97% to 1.28 million tons in September compared with August. Assuming that stainless steel maintains high-intensity production reduction in the fourth quarter, the annual ferronickel gap is 50900 tons, and the supply and demand of ferronickel is in a relatively tight balance from September to October. In August, China’s production and sales of new energy vehicles were 309000 and 321000 respectively, an increase of 1.8 times year-on-year; The loading capacity of power battery was 12.6gwh, with a year-on-year increase of 144.9% and a month on month increase of 11.2%.

Import and export: according to customs statistics, China’s nickel ore import volume in August was 5.7771 million tons, with a month on month increase of 11.37% and a year-on-year increase of 53.43%. In August, China’s ferronickel import volume was 349700 tons, with a month on month increase of 24.40% and a year-on-year increase of 19.78%. In August, China’s Refined Nickel import volume was 29243.762 tons, with a month on month increase of 30.18% and a year-on-year increase of 186.31%. The export volume of refined nickel was 114.83 tons, with a month on month decrease of 54.73% and a year-on-year decrease of 89.20%.

To sum up: the decline of nickel price this week is mainly due to the upgrading of dual control in many provinces in China. As a raw material, nickel is worried about surplus, so the price has fallen sharply. In addition, macro also has a negative impact on metals. However, nickel supply is still tight, and the development of new energy industry chain is good. It is expected that the short-term or shock of nickel price is weak, but the long-term price is still strong.

1、 Price trend

According to the monitoring data of business agency, the price of baking soda was adjusted and operated this week. The average market price at the beginning of the week was 2216.67 yuan / ton, and the average market price at the weekend was 2693.33 yuan / ton, with a price increase of 21.5%. On September 23, the commodity index of baking soda was 168.80, an increase of 9.95 points over yesterday, a record high in the cycle, and an increase of 91.23% over the lowest point of 88.27 on December 22, 2020. (Note: the period refers to the period from September 1, 2020 to now)

2、 Market analysis

According to the business agency, the price of baking soda is strong, and the demand in the downstream market is good in the near future. Now the price of baking soda in Henan is 2600-2800 right. The price of baking soda in Hebei is about 2600-2800 tons, and the downstream demand is good. It is expected that the price will be strong in the later stage.

Raw materials: according to the monitoring data of business society, the price of soda ash is strong this week. The mainstream market price of light soda ash in East China is about 2800-3000 yuan / ton. The price of soda ash in North China is relatively strong, and the current market price of light soda ash is about 2800-2900 yuan / ton. The price of soda ash in Central China is relatively strong, and the mainstream price of light soda ash is about 2800-2900 yuan / ton. Generally speaking, the short-term high price of soda ash is dominated. Affected by the dual control policy, there are many manufacturers’ parking, the overall supply of soda ash is reduced, and the delivery of early orders is mainly. According to the data, the overall operating rate of soda ash this week was 72.5%, which was 79.33% last week, and the operating rate decreased.

Demand: in the downstream, medicine, textile and food have a good demand for baking soda in the near future, and the price of baking soda is running better in the near future. Business analysts believe that the price of soda upstream is strong, the market trading atmosphere is good, and the manufacturers are mainly active in shipping. In the downstream, the demand for baking soda from medicine, textile and food is fairly good in the near future. In general, the price of baking soda is running better in the short term, depending on the demand of the downstream market.

22 Shaanxi magnesium ingot price list

Market analysis

Recently, the national development and Reform Commission directly named the provinces that failed to meet the requirements of energy consumption reduction rate, including Shaanxi. After the Mid Autumn Festival, it was learned from some magnesium ingot enterprises in Shaanxi that most magnesium enterprises in the main production areas of domestic magnesium ingots have stopped production, and the time for resumption of work has not been determined yet. Individual enterprises offer more than 60 million / ton. The supply of magnesium ingots was sharply compressed, and the sudden shutdown caught the merchants in the magnesium industry chain unprepared, resulting in strong market wait-and-see mood.

Future forecast

At present, affected by policy factors, the supply of magnesium ingots is obviously insufficient, and the market acceptance of high priced magnesium ingots is not high. Business analysts believe that magnesium prices will remain high in the short term.

Trade name: propylene oxide

Latest price (September 22): 17333.33 yuan / ton

On September 22, the propylene oxide market rose, up 3.59% compared with the previous trading day and 3.02% compared with August 22. At present, the price of raw material propylene is mainly stable, and there is a certain support on the cost side. Under the influence of the “double control” policy, some units operate at low load, the market supply is still tight, the new orders of downstream polyether are generally followed up, and the tight balance between market supply and demand continues to support the market.

It is expected that in the short term, the propylene oxide market may be strong.

According to the statistics of business agency, the market of potassium carbonate was stable on September 18. The mainstream ex factory quotation range of domestic industrial grade potassium carbonate was about 7600-8300 yuan / ton (the quotation is for reference only). The quotation is different according to different procurement conditions.

In the near future, the supply of potash fertilizer market is relatively stable, the procurement of downstream factories is not active, the demand is poor, and the market transaction is slow. It is expected that the price of potassium carbonate will mainly fall in the short term, and the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and sorted and analyzed by potassium carbonate analysts of business society. They are for reference only. Please contact relevant manufacturers for more price details).

According to the monitoring of business agency, the price of boric acid rose this month. The average price of boric acid was 6966 yuan / ton on September 10 and 6750 yuan / ton on August 31. The average price increased by 216 yuan / ton, or 3.21%, compared with the previous month.

Boric acid market continued to run at a high level this week. The quotation in Tianjin rose significantly this week, mainly due to the continuous shortage of ore sources in addition to market factors, and the manufacturer’s output and sales are in a normal state. Boric acid in Shandong continued the previous trend, and the spot inventory is still in a tight state. Due to the large price fluctuation, the dealer’s price is more flexible, and the price of imported Turkish boric acid is slightly corrected. The price of downstream products is strong, which has a good support for boric acid.

According to the data monitoring of the business agency, the price of boric acid in some enterprises in the near future (for reference only, the actual transaction prices of different brands, different specifications and products are mainly negotiated)

At present, the shortage of boric acid resources in China has led to a rise in prices, which is strongly supported by the cost side. In the short term, the overall market will be dominated by high-level operation, and traders’ transactions are more flexible. In the short term, the market price of boric acid is high and purchased on demand.

According to the bulk list data of business society, as of September 12, the average price of domestic industrial lithium hydroxide enterprises was 144666.67 yuan / ton, up 5.34% compared with Monday, 31.12% compared with August 12, and 63.16% year-on-year in a three-month cycle.

The lithium hydroxide market continued to rise this week. In terms of cost, the price of upstream spodumene is strong, and the price of lithium carbonate continues to rise sharply. From the supply side, the market supply has increased recently, but the spot supply of mainstream manufacturers is still limited. From the demand side, the downstream follow-up is positive and stable. On September 12, the lithium hydroxide commodity index was 344.44, the same as yesterday, down 9.71% from the highest point of 381.48 in the cycle (September 12, 2016), and up 244.44% from the lowest point of 100.00 on September 4, 2014. (Note: the period refers to the period from September 1, 2014 to now)

Upstream lithium carbonate, according to the data monitoring of business society: the price of industrial grade and battery grade lithium carbonate has risen recently. On September 12, the average price of industrial grade lithium carbonate in East China was 134600 yuan / ton, which was 12.92% higher than that at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 119200 yuan / ton on September 1). On September 12, the average price of battery grade lithium carbonate in East China was 141800 yuan / ton, which was 12.90% higher than that at the beginning of the month (the average price of battery grade lithium carbonate in East China was 125600 yuan / ton on September 1).

According to the lithium hydroxide analysts of business society, in general, at present, the price of raw materials is tight, the support is strong, and the tight balance between supply and demand in the spot market continues. It is expected that in the short term, the domestic industrial lithium hydroxide market may be dominated by strong operation, and the specific trend needs to pay more attention to the market interest rate guidance.

Recent price trend of sulfuric acid

As can be seen from the above figure, the market price of sulfuric acid in Shandong this week was temporarily stable, with the quotation of 795.00 yuan / ton, up 103.85% year-on-year compared with the same period last year. Overall, the sulfuric acid market was temporarily stable this week, and the sulfuric acid commodity index was 123.74 on September 10.

The downstream market was boosted and the willingness to purchase was strengthened

From the manufacturer’s quotation, the price of mainstream sulfuric acid manufacturers in Shandong this week is temporarily stable, the manufacturer’s inventory is general, and the downstream demand is good. The quotation of Heze Jiangyuan sulfuric acid at the weekend is 870 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Zouping Tianlu quoted 720 yuan / ton this weekend, which was temporarily stable compared with that at the beginning of the week; Changzhou Qinghong offers 1050 yuan / ton at the weekend, which is temporarily stable compared with the beginning of the week.

From the upstream and downstream industrial chain, the upstream sulfur market has continued to rise recently. The quotation has increased from 1920.00 yuan / ton at the beginning of the week to 1950.00 yuan / ton at the end of the week, an increase of 1.56%, a year-on-year increase of 144.77% compared with the same period last year, and the cost support is good. The downstream bromine market rose slightly. The quotation increased from 42875.00 yuan / ton at the beginning of the week to 43642.86 yuan / ton at the end of the week, an increase of 1.79%, a year-on-year increase of 48.50% compared with the same period last year. The downstream formic acid market rose slightly, and the quotation increased from 5900.00 yuan / ton at the beginning of the week to 6033.33 yuan / ton at the end of the week, an increase of 2.26%. On the whole, the upstream and downstream products had a positive impact on the price of sulfuric acid this week.

Market outlook rose slightly

In the middle of September, the sulfuric acid Market in Shandong Province mainly rose slightly. The upstream sulfur price has continued to rise recently, with good cost support. The downstream bromine market began to stop falling and rise, the downstream formic acid market has increased significantly, the downstream enthusiasm for purchasing sulfuric acid has been strengthened, and the product trend is upward under the contradiction between supply and demand. Sulfuric acid analysts of business society believe that under the influence of supply and demand and raw materials in Shandong market in the short term, the sulfuric acid market may rise slightly.