Category Archives: Uncategorized

On April 11, the price index of China’s domestic rare earth market fell sharply

On April 11, the rare earth index was 819 points, down 14 points from yesterday, down 18.67% from 1007 points (2022-02-24), the highest point in the cycle, and up 202.21% from 271 points, the lowest point on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now)

 

The trend of domestic rare earth index fell sharply. The price of domestic light rare earth praseodymium neodymium series continued to fall. The price of praseodymium neodymium oxide fell by 30000 yuan / ton to 865000 yuan / ton, the price of praseodymium neodymium metal fell by 25000 yuan / ton to 1095000 yuan / ton, the price of praseodymium oxide fell by 10000 yuan / ton to 915000 yuan / ton, the price of neodymium oxide fell by 30000 yuan / ton to 925000 yuan / ton, the price of metal praseodymium was 1.22 million yuan / ton, and the price of metal neodymium fell by 35000 yuan / ton to 1135000 yuan / ton, The price of dysprosium oxide fell by 40000 yuan / ton to 2.54 million yuan / ton, the price of dysprosium ferroalloy fell by 40000 yuan / ton to 2.53 million yuan / ton, the price of metal dysprosium fell by 50000 yuan / ton to 3.615 million yuan / ton, the price trend of domestic light rare earth market fell, the recent procurement was general, the price of dysprosium in domestic heavy rare earth market fell, the price of terbium was temporarily stable, and the downstream procurement was mainly on demand. Myanmar banned exports. It is expected that the price of domestic rare earth market will decline slightly in the later period.

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The price of sodium pyrosulfite rose slightly this week (4.4-4.8)

Price trend of domestic sodium pyrosulfite

 

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According to the monitoring of business agency, the price of domestic sodium pyrosulfite increased slightly this week. The average price of industrial grade sodium pyrosulfite was 2700.00 yuan / ton at the beginning of the week and 2800.00 yuan / ton at the end of the week, an increase of 3.70% during the week.

 

The price of subcoke is between RMB 2600 and RMB 2700 per week, driven by the increase of the price of subcoke / sodium sulfate in the domestic market. The inventory of the enterprise is about 30%, mainly to complete the orders of old customers. (the above prices refer to the external quotations of domestic mainstream enterprises, and some unreported enterprises are not within their scope temporarily. The prices are for reference only and have nothing to do with the final pricing of manufacturers. Please contact manufacturers for details).

 

Since the beginning of April, the price of domestic soda ash has increased slightly, with an overall increase of 0.97%, the price of domestic sulfur has increased by 1.18%, the cost of raw materials has increased slightly, and the continuous high cost of raw materials will continue to support the market price of sodium pyrosulfite in the future.

 

Future forecast

 

Business analysts believe that under the support of cost and demand, it is expected that the domestic sodium pyrosulfite market price will continue to operate stably, moderately and strongly in the short term.

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On April 7, the price of cryolite decreased slightly

Trade name: cryolite

 

Latest price (April 7): 7475 yuan / ton

 

Key points of analysis: today’s cryolite market is sorted and operated, and the average production price in Henan is reduced by 0.99% compared with the previous working day. At present, manufacturers have great pressure on production costs, low enterprise inventory and high quotation. The downstream market mainly purchases on demand, and the enterprise shipment is OK. Individual manufacturers reduce slightly according to the shipment situation, and the operator’s mentality remains wait-and-see.

 

Future forecast: the short-term cryolite market will remain stable for the time being and pay attention to the market supply.

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Acetic acid Market on April 6

Trade name: acetic acid

 

Latest price (April 6): 5270 yuan / ton

 

Key points of analysis: today’s acetic acid market is waiting to be sorted out and put into operation. The average market price in East China has increased by 0.19% compared with yesterday. Manufacturers in East China have overhauled their devices, the market supply has been reduced, and the circulation of goods has remained rational. Affected by local prevention and control, downstream purchasing is sluggish, and enterprise shipment is not smooth. At present, the mentality of the operators is mainly waiting to see.

 

Future forecast: the short-term acetic acid market is temporarily stable and wait-and-see, with specific attention to the market supply.

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The rise of ethanol market price slowed down

According to the sample data monitored by business society, the domestic ethanol market fluctuated in a narrow range from March 25 to April 1. At the beginning of the week, the average price of domestic ethanol producers was 7250 yuan / ton, and the price rose to 7300 yuan / ton at the weekend. The price increased by 0.69% during the week, 5.04% month on month and 4.66% year-on-year.

 

The rise in domestic ethanol prices slowed this week. The price of raw corn is still high, and the transportation in some areas is still poor, resulting in insufficient operating rate of ethanol manufacturers. The shutdown of individual factories in Henan, the main production area, led to a rise in prices at the beginning of the week, but the high price fell with the recovery of supply. The lower reaches have a mentality of resistance to high price goods, and most of them just need to purchase.

 

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In terms of raw materials, the high price of raw corn and cassava is strong, but the high price of ethanol stabilizes, and the short-term cost pressure of corn / cassava ethanol increases slowly. Molasses will continue to rise in the short term, and molasses ethanol cost pressure will continue to increase.

 

Comparison chart of corn (upstream raw material) – ethanol price trend of business society:

 

Downstream products, ethanol prices are hovering high. Baijiu factory takes into account the cost pressures and needs to purchase multiple dimensions. Downstream chemicals gradually accept high prices, but only maintain rigid demand.

 

Comparison chart of price trend of ethanol ethyl acetate (downstream products) of business society:

 

As of April 1, the latest price dynamics of ethanol market in various regions:

 

Region, Category, Price

Guangxi region Honey alcohol 7400-7700 yuan / ton

Guangxi region Corn / Cassava 95% alcohol 7400-7700 yuan / ton

Guangxi region Absolute ethanol 8250-8300 yuan / ton self withdrawal

Guangdong region Corn alcohol 7800 yuan / ton self withdrawal

Guangdong region Rice / Cassava general ethanol 7600-7650 yuan / ton self withdrawal

Guangdong region Anhydrous cassava ethanol 8250 yuan / ton, Dongguan self delivery

Henan region Superior 7250-7300 yuan / ton, ex factory tax included

Henan region Absolute ethanol 8100-8150 yuan / ton, ex factory tax included

Hebei region General level 6750 yuan / ton

Hebei region anhydrous 7600 yuan / ton

Sichuan region Corn alcohol 7600 yuan / ton, ex factory tax included

Yunnan region Molasses alcohol 7200-7250 yuan / ton, ex factory tax included

Shandong region General level 7700-7900 yuan / ton

Shandong region Superior corn 7300 yuan / ton

Shandong region Corn anhydrous 8000 yuan / ton

Southern Jiangsu General level 7500-7600 yuan / ton

Northern Jiangsu General level 7200-7300 yuan / ton

Northern Jiangsu Superior 7400 yuan / ton

Northern Jiangsu anhydrous 8100-8200 yuan / ton

Anhui region General level 7400-7500 yuan / ton, ex factory tax included

Anhui region anhydrous 8200-8300 yuan / ton, ex factory tax included

Jinzhou area, Liaoning Corn alcohol general grade 7350 yuan / ton

Heilongjiang Region General level 6950-7050 yuan / ton, tax included

Heilongjiang Region Absolute ethanol 6850-7000 yuan / ton

Jilin Region Ordinary alcohol 7050-7100 yuan / ton

Jilin Region Premium alcohol 7000-7200 yuan / ton

Jilin Region Absolute ethanol 8000-8200 yuan / ton, tax included

Transportation is limited, and the high price of raw corn restricts the commencement of corn ethanol. It is expected that there will be little short-term market supply. The ethanol analyst of business society predicts that the domestic ethanol market will mainly be sorted out at a high level in the short term.

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