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Cryolite market in June

1、 Price trend

According to the data of the business club’s block list, the price trend of cryolite market in June was stable, moderate and downward. The average price at the end of the month was 6350.00 yuan / ton, down 1.17% from the beginning of the month and up 12.06% from last year.

2、 Market analysis

This month, the market of cryolite in Henan Province was stable as a whole. The price of cryolite in the month was basically maintained at about 6425 yuan / ton. At the end of the month, individual enterprises adjusted the price, and the price trend of cryolite decreased. The main reason for the decrease was that the enterprises’ trading was general, and the quotation was reduced according to their own shipping. In terms of devices, in June, the devices of domestic cryolite enterprises operated normally and smoothly, with low production capacity of manufacturers, tight inventory and tight raw materials. Due to stable demand, they mostly shipped according to single order, talked about it in a single way, and the quotation of enterprises remained stable, so there was no possibility of short-term price rise. By the 30th, the ex factory price of cryolite in Henan was 6000-6800 yuan / ton; The ex factory quotation in Shandong is 6000-6500 yuan / ton, and the actual transaction price is flexible, mainly through negotiation.

On the upstream side, the domestic fluorite market remained stable, with the average price of fluorite at the end of the month at 2627.78 yuan / ton, up 0.42% from the beginning of the month. On the other hand, the price of raw fluorite ore is on the high side, the flotation plant is not willing to ship at a low price, the downstream delivery situation is general, the demand for fluorite is not improved, and the market situation in the later stage is waiting to be sorted out. The downstream aluminum industry was in a volatile market in June. At present, the aluminum social inventory is low, and the aluminum consumption end is acceptable. The market game has formed a volatile market in the future.

3、 Future forecast

At present, the supply of cryolite in the market is fair, with small order procurement on demand, stable downstream demand, firm quotations from manufacturers, stable market mentality and wait-and-see. It is expected that the cryolite market will be stable in the future.

PVA

Yellow phosphorus price down in June

1、 Price trend

According to commodity data monitoring, the price of Yungui yellow phosphorus fell this month. The average price of yellow phosphorus at the beginning of the month was 25000 yuan / ton, and the average price at the end of the month was 19250 yuan / T, and the price fell in the month, with a range of 23%.

2、 Market analysis

The price of Yungui yellow phosphorus fell this month. At present, the yellow phosphorus enterprises in Yunnan Province have been recovering production, but the furnace is very limited. At the end of the month, the downstream construction started to improve, the stock increased, and the supply of yellow phosphorus in the overall market was tense. Yellow phosphorus price has a little rebound, but in the early stage, the price of yellow phosphorus has been falling, and the decline rate only started to slow down in the last week. Up to now, the price of Yunnan Yellow Phosphorus region is about 19200-22000 yuan / ton; The quotation in Sichuan is about 19800-20000 yuan / ton; The price of Guizhou Province is about 19300-19500 yuan / ton.

In terms of phosphate rock, the price of Yungui phosphate rock increased this month. The average price of phosphate rock at the beginning of the month was 510 yuan / ton, and the average price at the end of the month was 530 yuan / T. the price increased in the week, with an amplitude of 3.92%. The market atmosphere of domestic phosphorus ore has improved, and orders are mainly in the early stage of delivery.

In terms of coke, coking enterprises have a good mentality at present, and are affected by environmental protection and limited production and tight upstream supply, and policies of various regions. At present, the coke supply is overall tight, and the market outlook of coking enterprises is positive. In the downstream steel plants, due to the tight expectation of coke supply, most steel plants increase their purchasing plans. The overall starting rate of steel plants is still high, which supports the coke demand better.

In terms of phosphoric acid, phosphoric acid enterprises are in a wait-and-see situation, and the price of the previous period is maintained. The higher the previous quotation is gradually lowered, but the overall market price is still significantly higher than the same period of last year. With the decrease of cost side pressure, the start-up of phosphoric acid enterprises has been resumed to normal, and the price has continued to be lowered.

3、 Post market forecast

Analysts at the chemical branch of the business society believe that the price of yellow phosphorus fell this month. At the end of the month, the downstream construction started to increase, the stock increased, the overall market of yellow phosphorus supply tended to be tight, the upstream phosphate rock price increased, and the yellow phosphorus price rebounded a little. Coking enterprises have a positive bullish mentality in the post market, and it is expected that the price of yellow phosphorus will be stable in the short term.

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This week’s sulfur market was high (6.21-6.27)

According to the price monitoring of business agency, the trend of sulfur price in East China increased slightly this week, with the average sulfur production price at 1613.33 yuan / ton at the beginning of the week, 1633.33 yuan / ton at the weekend, up 1.24% in the week, up 2.51% from the beginning of the month.

This week, domestic sulfur market was stable and small, and the inventory of refineries in various regions of China remained low, and the delivery performance was still acceptable. The downstream plants were not active in purchasing in the market, mainly on demand, a small amount of market orders, and a quiet mentality in the field. Within the week, domestic refining companies adjusted prices according to their own delivery conditions, the quotation of liquid sulfur was unchanged, the solid sulfur in Shandong increased by 30 yuan / ton, Yanshan Petrochemical sulfur fixation in North China was reduced by 20 yuan / T, and other regions were stable. As of the 25th, the prices of sulfur in various regions of China are as follows:

region varieties June 25th

East China Sulfur (particles) 1670-1730 yuan / ton

North China Sulfur (particles) 1470-1600 yuan / ton

Shandong Province Sulfur (particles) 1590-1640 yuan / ton

Downstream phosphate Market, the market of ammonium monoammonium rose, and diammonium continued to be stable. The order of ammonium monoammonium enterprise is sufficient, a small amount of new orders are accepted, the spot supply is limited, the goods in the yard are tight, and the price is arranged at a high level. Domestic demand for ammonium dioxide is flat. Because of the good market demand abroad, coupled with the low commencement rate of diammonium enterprises, the maintenance of some enterprises’ installations, the low social inventory of diammonium, and a slight shortage of supply, the market may rise in the future. Comprehensive analysis of the phosphate fertilizer market has a good support for the trend of sulfur later stage.

Sulfur analysts of business agency believe that the overall trend of domestic sulfur market is stable, medium and upward, and the inventory of refineries in various regions is mainly low, plus the downstream phosphorus fertilizer export orders are good, and the trend of the market is good. It is expected that the sulfur market will be in the upward direction or sorted up, and pay attention to the downstream follow-up.

PVA

Vitamin C market remains stable this week (6.21-6.25)

1、 Price trend

According to the data of the business club’s block list, the domestic vitamin C price remained stable at a high level this week, with an average price of 51 yuan / kg, and the price was consolidated at a high level.

2、 Analysis and comment

According to the price chart of the business association, the price of vitamins remained stable this week, with the market quotation of 48-52 yuan / kg. Mainstream factories suspended quotation and mainly completed orders from regular customers. Corn prices fell slightly, which had little impact on vitamin C, and the downstream demand was general. In recent summer, affected by the hot weather, the downstream construction began to decrease.

3、 Future forecast

Vitamin C analysts from the chemical branch of Shangshe think: in general, the overall supply of vitamin C market is stable. Although the manufacturers have maintenance plans in the future, the supply side is good, but the demand side support is insufficient. It is expected that the vitamin C market will be reorganized and operated in the near future.

PVA

HIPS market is weak this week (6.21-6.25)

According to the business news agency’s block data list, the average price of domestic hips on June 25 was 12533.33 yuan / ton, down 0.27% from the beginning of the week, 5.29% from the beginning of the month, and 7.62% from the beginning of the month.

2、 Market analysis

This week, the market of hips was weak and the price fell slightly. The raw material Styrene Market stopped falling and rebounded in the week, but the cost side didn’t have enough support. The hips market still didn’t improve, and the benzene market picked up, which was better than the benzene market. At present, the off-season demand is poor, the downstream gas buying is insufficient, the delivery pressure of the cargo holders is large, the price is under pressure, and the market is difficult to be optimistic in the short term. Up to now, Guangzhou Petrochemical 660 reference price is 12400 yuan / ton, Zhanjiang Zhongmei 990 reference price is 12300 yuan / ton, Shanghai Secco 622 reference price is 12900 yuan / ton, the overall market is weak.

For international crude oil, on June 24, international oil prices rose slightly. The settlement price of the main contract in the US WTI crude oil futures market was US $73.30/barrel, up 0.22 US dollars or 0.3%. Brent crude oil futures market settlement price of the main contract at 74.81 U.S. dollars / barrel, or 0.31 U.S. dollars or 0.4%. The oil price continued to consolidate at a high level. At present, the price has reached the highest level in nearly three years, mainly due to the support of US commercial crude oil inventory data and the delay of Iranian oil’s return to the market.

In terms of raw materials, the market price of styrene stopped falling and rebounded this week, rising sharply. On June 18, Shandong styrene closed at 8750-8900 yuan / ton, and on June 25, it was 9100-9200 yuan / ton, up about 300-350 yuan / ton, above the can price of Zhangjiagang. On June 18, South China styrene closed at 8750-8800 yuan / ton for delivery, and on June 25, 9250-9300 yuan / ton, up 500 yuan / ton. The delivery price of the above factories was lower.

3、 Future forecast

Business news agency believes that the current cost side of the boost is insufficient, combined with poor downstream demand in the off-season, insufficient gas buying, there is a certain pressure on the sales of goods holders, and the price of hips is under pressure. It is expected that the price of hips will fluctuate slightly in the short term, and we need to pay close attention to the price trend of raw materials.

PVA