Latest price (April 28): 10680 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on April 28, the market price of phosphoric acid was 10680 yuan / ton, unchanged from the previous day, with a year-on-year increase of 103.43%. Near the holiday, the price of raw material yellow phosphorus was temporarily stable, the phosphoric acid Market was stable, the main orders were issued, there were few transactions before the festival, and the logistics in some areas was still limited. At present, the price of phosphoric acid is about 11500-36000 yuan / ton, and the price of phosphoric acid is about 10300-36000 yuan / ton.

The phosphoric acid market is expected to operate stably in the short term.

According to the data monitoring of business agency, the average price of propane in Shandong market was 6588.25 yuan / ton on April 26 and 6475.75 yuan / ton on April 27, with a single day decline of 1.71%, down 3.32% compared with April 1.

On the 27th, the domestic propane market fell as a whole, and the propane Market in Shandong fell significantly, with a range of 50-150 yuan / ton. Although the rebound in international crude oil prices has brought a certain boost to the market, the overall supply of the market is sufficient, the terminal demand is weak, the situation is difficult to change, and the trading atmosphere of the market is limited. It is expected that the price of propane market may decline in a narrow range in the short term.

Trade name: ammonium sulfate

Latest price: 1813 yuan / ton

Key points of analysis: the price of ammonium sulfate rose on April 26, up 0.55% compared with the previous trading day. Today, the market of ammonium sulfate rose slightly, the transactions on the floor were good, and some enterprises increased their prices slightly. Downstream on-demand procurement and fair delivery. The bidding price of coking grade ammonium sulfate is temporarily stable, and the internal grade ammonium sulfate fluctuates slightly. At present, there is no positive demand at home and abroad, and the trend is mainly volatile in the short term. Today, the factory quotation of Hexin grade ammonium sulfate in Shandong is 1800-1940 yuan / ton.

Future forecast: the price of ammonium sulfate will fluctuate in the short term.

Trade name: isopropanol

Latest price: 7075 yuan / ton

Key points of analysis: on April 25, the focus of domestic isopropanol market was down. At present, the trading atmosphere in the market is cold, the downstream purchases on demand, and the trading atmosphere is general. Most operators maintain a wait-and-see situation, and there are few downstream inquiries. They have a strong wait-and-see mood and maintain stable operation.

Forecast: the isopropanol market is weak in the short term.

Cobalt prices picked up and rose this week

According to the data monitoring of the business agency, the cobalt market picked up this week and the cobalt price rose. As of April 24, the average price of cobalt was 555000 yuan / ton, up 0.51% from 552200 yuan / ton on April 18 at the beginning of the week. The supply and demand of cobalt market were both weak, the cobalt market recovered, and the cobalt price rose slightly.

Tesla resumption of work and rising demand in cobalt City

On April 19, Tesla Shanghai Super factory officially resumed production. According to Tesla, many Tesla parts suppliers in Shanghai also began to return to work at the same time as Tesla’s return to work. With the mitigation of the epidemic situation in Shanghai, the demand of cobalt market rises, and the driving force for the rise of cobalt price in the future increases.

Market Overview

Baijiaxin, a data analyst of the business agency, believes that the cobalt price rose this week, Tesla officially resumed work, and customers in the industrial chain resumed work one after another, resulting in an increase in future demand for cobalt; The recent flood in South Africa has led to the shutdown of logistics, the obstruction of cobalt raw material transportation and the reduction of cobalt supply. Overall, the supply and demand of the cobalt market are both weak in the near future. The supply of the cobalt market is expected to decrease and the demand is expected to increase in the future. The cobalt market shows a trend of supply decreasing and demand increasing. The rising power of the cobalt market is large, and the cobalt price is expected to rise in the future.