Zinc price rose on February 21

According to the data monitoring of the Business News Agency, the zinc price was 23436 yuan/ton as of February 21, up 0.85% from 23238 yuan/ton on February 20 of the previous trading day. Demand rebounded, and zinc prices continued to rise.

Key points of zinc market

According to the data released by the European Commission, the consumer confidence index of the euro zone rose to – 19 in February from – 20.7 in January, and the consumer confidence index rose to the highest level in a year. The resilience of the euro zone and the confidence that it can survive the recession this year have been increasing, and the zinc price fluctuated overnight; The output of new capacity in Henan is not stable, the monthly supply of refined zinc in February may be less than expected, the terminal orders are increasing, the sales of finished zinc products are hot, the demand is slightly higher than expected, the market is more emotional, and the demand of zinc market is warmer than expected.

Aftermarket expectation

Both supply and demand increased, the demand of zinc market exceeded expectations, and the rising power of zinc market increased. It is expected that the price of zinc will rise in the future.

Trade name: potassium chloride (imported)

Latest price (February 20): 3866.67 yuan/ton

The domestic market price of imported potassium chloride was temporarily stable on February 20, which was the same as that on February 17. At present, the price of 62% white potassium in the port has been raised by about 3700-3800 yuan/ton; The self-raised price of 60% Dahong granules at the port is about 3800-4000 yuan/ton. 62% of Russian white potassium in border trade is about 3500-3600 yuan/ton. The arrival price of potassium chloride in domestic salt lakes is about 3500-3600 yuan/ton. The market of potassium carbonate and potassium nitrate in the downstream market has been low recently, and the enthusiasm of downstream procurement has weakened.

In the near future, the domestic potassium chloride price may fluctuate slightly, mainly through consolidation. The import market price of potassium chloride is about 3850 yuan/ton.

Trichloromethane market rose slightly this week (2.10-217). According to the data of Business News Agency, the price of trichloromethane bulk water in Shandong was 2475 yuan/ton as of February 17, up 1.02% from 2450 yuan/ton last Friday. The downstream trichloromethane refrigerant market started a small number of inquiries after the holiday, and the market transaction was mainly small orders. Due to the small inventory of enterprises and the shutdown and maintenance of some enterprises’ methane chloride devices, the market supply is expected to be tight, the factory price of trichloromethane is slightly increased, and the mainstream offer of trichloromethane market is slightly increased.

This week (2.10~2.17), the start of methane chloride unit decreased slightly.

The price of raw material methanol rose slightly this week (2.10~2.17), and the cost of chloroform was supported. According to the business news agency, the spot price of methanol was 2721 yuan/ton as of February 17, up 1.33% from 2685 yuan/ton on February 10.

In 2023, the total production quota of R22 will be reduced by 19% to 181800 tons. After the holiday, the price of R22 will rise slightly, but the start of construction will remain low, and the demand for trichloromethane will be primary.

According to the methane chloride data analyst of the Business News Agency, although the demand for trichloromethane is slightly weak at present, the inventory of enterprises is not large. In addition, the supply is expected to be tight and the refrigerant peak season is coming soon. It is expected that the market of trichloromethane will continue to rise in the short term.

According to the bulk list data of Business News Agency, the price of hydrazine hydrate was temporarily stable this week, and the average price of hydrazine hydrate was 19200.00 yuan/ton.

At present, the quoted price of hydrazine hydrate enterprises is stable, the raw material urea fell this week, the cost support of hydrazine hydrate is weakened, and the downstream demand is weak. The downstream small orders are purchased, and the delivery mentality of the manufacturer is held, and the actual order is negotiated.

According to the data monitoring of the Business Agency, the recent price of hydrazine hydrate in some enterprises (for reference only, the actual transaction prices of different brands, different specifications and products are mainly negotiated).

The hydrazine hydrate analyst of the business agency believes that the domestic hydrazine hydrate cost-end urea may still fall in the later stage, the hydrazine hydrate cost-end support is weak, the downstream demand is cold, and the price may continue to fall.

According to the bulk list data of the business agency, the average price of acrylic acid in East China was 8200.00 yuan/ton as of February 14, up 2.50% from the price of last Thursday (February 9).

The acrylic acid market has been strong recently. Recently, the price of raw material propylene fluctuated and fell, but the cost still remained in the face of acrylic acid support. The supply side of the production enterprise was not loaded high, and the market transaction was just in demand. With the resumption of downstream work in full swing, the demand side gradually increased, and the focus of acrylic acid market negotiation steadily rose.

Upstream propylene, according to the data monitoring of the Business News Agency, the domestic propylene (Shandong) market has been shaken down recently. On February 13, the reference price of propylene was 7468.25, down 0.83% from February 1 (7530.75).

The acrylic acid analyst of the Business Society believes that the market is mainly wait-and-see at present. With the support of the supply side, it is expected that the acrylic acid market will continue to operate strongly in the short term, and more attention should be paid to the market news guidance.