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.

Trade name: chlorinated paraffin

Latest price: 6737 yuan / ton

Key points of analysis: the price of chlorinated paraffin 52 was stable on April 21, which was flat compared with the previous trading day. Today, the price of raw liquid wax increased, the transportation of raw liquid chlorine improved slightly, and the price operated stably. At present, the downstream demand of chlorinated paraffin is insufficient to follow up, and the enterprise starts at a low level. Today, the ex factory quotation of chlorinated paraffin 52 in Shandong is about 6200 yuan / ton, that in Northeast China is about 6700 yuan / ton, that in Anhui is about 7000 yuan / ton, and that in Shaanxi is about 6800 yuan / ton.

Future forecast: the price of chlorinated paraffin is expected to run smoothly in the short term.

Trade name: acetic acid

Latest price (April 20): 4810 yuan / ton

Key points of analysis: today’s acetic acid market is weak and downward. The average market price in East China has been reduced by 2.63% compared with the previous working day, and the acetic acid price in Shandong has been reduced by 100 yuan / ton. The market trading atmosphere is light, the logistics and transportation are blocked, the freight charges rise, the downstream purchase intention is general, and the on-site supply has accumulated. In order to maintain the quotation of shipping enterprises, the quotation continues to be reduced.

Future forecast: the short-term acetic acid market is weak, and the specific attention is paid to the market supply.