Category Archives: Uncategorized

EVA market weak operation, the overall price fell

According to the data monitoring of business news agency, the average price of domestic EVA market was 20466.67 yuan / ton on May 30 and 19666.67 yuan / ton on June 4, with a decrease of 3.91% in the week and 1.17% compared with March 30. This week, EVA manufacturers and market quotations were reduced to varying degrees.

As of June 4, EVA ex factory quotation is as follows:

product manufactor model Ex factory price

EVA yanshan petrochemical 18J3 19600 yuan / ton

EVA Beijing Organic Y2022 19500 yuan / ton

EVA Beijing Organic Y2045 19500 yuan / ton

EVA BASF Yangzi V5110J 19900 yuan / ton

This week, some EVA petrochemical enterprises lowered the ex factory price, the market offer followed the decline, and the overall market trend was weak. At present, the price of hard material is 20000-20300 yuan / ton, and that of soft material is 20400-20600 yuan / ton. The overall weak trend of EVA market is mainly affected by the demand. At present, it is in the off-season demand for foaming materials, and the release of new production capacity in the market has brought a certain impact. Petrochemical enterprises are generally stable, but some are still down. Multi dimensional downstream procurement has strong demand and general enthusiasm to enter the market, so it is difficult to improve the overall turnover of the market. Business mentality pessimistic, prices follow the decline.

EVA production enterprise device dynamic:

product manufactor Production capacity (10000 tons / year) Device dynamics

EVA yanshan petrochemical twenty On May 16, the company started production of high pressure diesel engine

EVA Beijing Organic four Production started on May 16

EVA Ningbo Formosa Plastics seven point two Now I’m driving

EVA BASF Yangzi twenty Normal production

In the international crude oil market, on June 3, the international oil price was frozen and stable, and the price did not change much. The settlement price of the main contract in the US WTI crude oil futures market was 68.81 US dollars / barrel, down slightly by 0.02 US dollars. Brent crude oil futures market settlement price of the main contract at 71.31 U.S. dollars / barrel, down 0.04 U.S. dollars. Oil prices rose significantly for two consecutive trading days before, and stopped rising on Thursday, mainly due to a sharp drop in U.S. crude oil inventories last week, but an unexpected rise in refined oil inventories.

Ethylene market, June 3, Asian ethylene market quotation, CFR Northeast Asia quotation 1022-1030 US dollars / ton, CFR Southeast Asia quotation 967-975 US dollars / ton. Recently, ethylene prices in Asia are mainly stable. On June 3, oil prices rose significantly for the previous two consecutive trading days. Oil prices stopped rising on Thursday, mainly due to a sharp decline in US crude oil inventories last week, but an unexpected rise in refined oil inventories. The settlement price of the main contract in the US WTI crude oil futures market was US $68.81/barrel, down slightly by US $0.02. Brent crude oil futures market settlement price of the main contract at 71.31 U.S. dollars / barrel, down 0.04 U.S. dollars. Affected by the high price of upstream crude oil, ethylene market may rise in the later stage.

Generally speaking, the market lacks obvious positive support at present. Affected by the traditional sales off-season, the terminal demand is weak, the enthusiasm of downstream market entry is limited, the transaction atmosphere is difficult to improve, and the shipping pressure of merchants is large. It is expected that the price of EVA market will not improve or continue to be weak in the short term.

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Melamine market price rebounds

According to the monitoring sample data of the business community, as of June 2, the average price of melamine enterprises was 9166.67 yuan / ton, up 1.10% compared with the previous trading day, and down 27.25% compared with the price on May 1 (12600 yuan / ton).

Melamine market prices fell sharply after rising to a high level in May, and prices stopped falling and rebounded in June

In May, melamine prices rose to a new high and then eased. The market was in a downturn, with a monthly decline of 25.93%. Entering June, the melamine market stopped falling and rebounded on the 2nd. On the cost side, the price of upstream urea has risen recently, the cost support has been strengthened, on the supply side, the operating rate of melamine has decreased slightly, on the demand side, the downstream demand has improved, which has boosted the market.

Upstream urea, Shandong urea market rose on June 2. On the demand side, the demand for agriculture has increased; Affected by the mentality of buying up but not buying down, the downstream compound fertilizer and rubber sheet factories took goods actively, and the new orders of enterprises followed up well. Supply side: some urea plants shut down for maintenance, and the supply side is tightened. Enterprises have a strong attitude of supporting prices.

Melamine analysts of business news agency believe that in general, the upstream urea price has been strong in the near future, the cost support is strong, and the improvement of downstream demand has given support to the market price rise. It is expected that the melamine market will mainly rise in the short term.

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Shanghai lead closed down 0.90% on June 1

On Monday night, London metal was closed for a day due to bank holiday, and most of the domestic night market rose. In the early morning, Shanghai lead followed the trend of the market, and the opening volatility was slightly higher. Then, short sellers entered the market. Shanghai lead was under pressure. By the end of the first day, the settlement price of the main contract of Shanghai lead 2107 was 15550 yuan / ton, down 0.90%.

The price of lead ingot in the domestic spot lead market is about 15250-15350 yuan / ton, with an average price of 15300 yuan / ton. In June, the downstream is still in the off-season. As the weather gets warmer, the demand is expected to be higher than that in May. However, the lead ingot inventory is still high, the enthusiasm of downstream market entry is limited, and the overall negotiation is still cold.

In the future, the Business Association believes that the current lead ingot inventory is high, the downstream procurement is limited, and the fundamental changes are not big. It is expected that the price fluctuation in the future will be weak and the trend will be dominant.

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On May 31, the price of urea in Shandong rose by 1.42%

Trade name: urea

Latest price (May 31): 2386.67 yuan / ton

On May 31, the ex factory quotation of urea in Shandong increased by 33.34 yuan / ton, or 1.42%, compared with the quotation on May 28. The prices of upstream natural gas and coal have dropped slightly recently, and the cost support has weakened. From the perspective of demand, the agricultural demand of different regions has been followed up; The downstream compound fertilizer and rubber sheet factories took goods actively, and the new orders of enterprises followed up well. From the supply side: in recent years, some enterprises in Shandong, Xinjiang, Shaanxi and other places have been overhauled, and the supply side has been tightened. At the same time, the enterprise inventory and social inventory have also been maintained at a low position. In terms of Indian bidding: the bidding price of India RCF company announced that the bidding quantity of East Coast is 795000 tons CFR, and the lowest price is 408.88 US dollars / ton CFR. On the whole, the urea cost support this week is general, the downstream demand is better, and the urea supply is tight.

It is expected that the ex factory price of urea in Shandong will rise slightly in the future: the average price quoted by the manufacturer is about 2400 yuan / ton.

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The price trend of ammonium nitrate rose sharply in May

According to statistics, the price trend of domestic ammonium nitrate market rose sharply in May. By the end of the month, the market price of ammonium nitrate was 3260 yuan / ton, 9.4% higher than that of 2980 yuan / ton at the beginning of the month, and 39.91% higher than that of the same period last year.

In May, the price trend of domestic ammonium nitrate market rose sharply. The domestic ammonium nitrate manufacturers operated stably. In the near future, the supply of goods on the site was normal. The goods on the site were generally transported. The inventory of manufacturers was not high. The price of upstream raw material liquid ammonia continued to rise, and the price of ammonium nitrate rose sharply. In the near future, the shipping market of ammonium nitrate manufacturers is general, and the downstream is purchased on demand. In the near future, the trend of nitro compound fertilizer in the downstream is stable. There are still many production stops in the domestic downstream civil explosive industry, and the domestic ammonium nitrate manufacturers start to work normally. Affected by the cost support, the price of ammonium nitrate market rises. Up to now, the negotiation mainstream in Shaanxi is 3100-3300 yuan / ton, that in Shandong is 2500-2700 yuan / ton, and that in Hebei is 3900-4100 yuan / ton.

In May, the price trend of domestic concentrated nitric acid declined. By the end of the month, the average price of domestic nitric acid was 2233.33 yuan / ton, down 2.9% from 2300 yuan / ton at the beginning of the month. The price of Xinghua is 2100 yuan / ton; Anhui Jinhe quoted 2100 yuan / ton; Shandong helitai quoted 2400 yuan / ton. In recent years, the domestic nitric acid plant has been running stably, the supply of concentrated nitric acid market is normal, and the delivery of goods in the market is general. In April, the price trend of nitric acid market dropped slightly, and the price of raw nitric acid dropped, which has a certain negative impact on the ammonium nitrate Market, and the market price of ammonium nitrate rose.

The price of domestic liquid ammonia in the upstream market rose sharply in May. By the end of the month, the price of liquid ammonia was 4103.33 yuan / ton, up 5.48% from 3890 yuan / ton at the beginning of the month. According to the monitoring of the business community, the market price has broken through the 4000 mark, reaching a three-year high. The soaring price of liquid ammonia is the result of the dual effects of higher cost and tight supply and demand. On the one hand, after the May Day holiday, with the support of inflation expectations, domestic commodities ushered in a new round of rising cycle, especially the upstream products of liquid ammonia, such as coal and methanol, rose sharply. In addition, the urea market has soared recently, and most of the low-level ammonia enterprises have concentrated on producing urea, which exacerbates the shortage of liquid ammonia. Jiangsu Hengsheng produces all the urea, and it is difficult to ease the shortage of market supply. The sharp rise in the price of upstream liquid ammonia formed a certain positive support for the ammonium nitrate Market, and the market price of ammonium nitrate rose sharply.

In the near future, the demand of downstream civil explosive industry is general, and the market demand for ammonium nitrate is normal. However, the high price of raw material market has a certain supporting role for the ammonium nitrate Market. The ammonium nitrate analysts of business community believe that the market price of ammonium nitrate will remain high in the later period.

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