1、 Price trend

 

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Take the sulfuric acid rutile titanium dioxide with large volume in domestic market as an example. According to the data of business club’s block list, the price of titanium dioxide rose this month. The average price of domestic titanium dioxide was 16666.67 yuan / ton at the beginning of the month, and 17133.33 yuan / ton at the end of the month. The price rose by 2.8% in the month.

 

2、 Market analysis

 

The market price of titanium dioxide rose this month. Since the end of December, nearly 20 manufacturers, including longmang Baili, CITIC titanium, anada and haifengxin of Panzhihua, have announced increases successively, with an increase of 500-1000 yuan / ton, and the vast majority of them are 500 yuan / ton. Foreign trade export market orders good, raw material titanium concentrate prices slightly higher. Today, January 28, Panzhihua tihai technology once again announced that the domestic trade price of rutile titanium dioxide increased by 1000 yuan / ton, and the foreign trade price increased by 150 US dollars / ton. At present, the market price of titanium dioxide is flexible, and the current market is stabilized by “price rising with stability”. The overall market confidence is good. The price of domestic rutile titanium dioxide with tax is 16800-18000 yuan / ton, and that of anatase titanium dioxide with tax is 13500-16000 yuan / ton.

 

In terms of raw materials, the price of titanium concentrate in Panxi increased slightly this week. Titanium concentrate supply side as a whole tight, recently trading market inquiries have increased, the latest single price gradually higher. Up to now, the price of 46,10 titanium ore from small and medium-sized manufacturers is 1950-1980 yuan / ton; the price of 47,20 titanium ore is about 2100 yuan / ton, and the price of 38,42 titanium ore without tax is 1330-1350 yuan / ton. In the short term, the price of titanium concentrate will continue to run at a high level, which is a single discussion.

 

According to the latest statistics of titanium dioxide sub center of Chemical Industry Productivity Promotion Center and titanium dioxide industry technology innovation strategic alliance Secretariat, in 2020, the comprehensive output of all kinds of titanium dioxide and related products of all 42 full process titanium dioxide production enterprises in China will be 3.512 million tons, an increase of 330000 tons or 10.39% over the previous year.

 

According to the statistics provided by the General Administration of customs, the cumulative export of titanium dioxide from January to December 2020 was about 1214800 tons, an increase of 2113000 tons over the whole year of 2019, with a year-on-year increase of 21.06%. The cumulative import volume of titanium dioxide from January to December 2020 is about 172400 tons, which is about 4784 tons more than that of 2019, with a year-on-year growth of 2.85%.

 

3、 Future forecast

 

Titanium dioxide analysts of business news agency think: at present, the export situation of titanium dioxide enterprises is good, and the main domestic suppliers are still in short supply. The price of raw material titanium ore is high, the cost support is strong, and the market confidence of titanium dioxide is good. It is expected that in the short term, the titanium dioxide market will mainly run at a high level, and the actual transaction will be discussed in a single way.

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Zinc price trend

 

According to the data monitoring of business news agency, the price of zinc fell sharply on the 27th, and the zinc market fell back. On January 27, the average price of zinc was 20136.67 yuan / ton, and the price of zinc fell 550 yuan / ton, or 2.63%.

 

Zinc inventory in London LME Market

 

According to the London LME market zinc inventory data, on January 26, the London LME market zinc ingot inventory was 235025 tons, an increase of 45250 tons, accounting for an increase of 23.84%. Among them, 214750 tons of registered warehouse receipts increased by 27.03%, 20275 tons of cancelled warehouse receipts decreased by 2.17%. LME zinc market warehouse receipts surge, global zinc market supply is sufficient, zinc market drop pressure increases, drag down zinc prices.

 

Analysis summary and Prospect

 

Bai Jiaxin, an analyst at business news agency, believes that: with the alleviation of the epidemic and the continuous promotion of vaccines, global mines have resumed operation one after another, the supply of zinc market has increased, the inventory of zinc in LME market has increased sharply, the global supply of zinc market is sufficient, and the oversupply of zinc market has intensified. Correspondingly, with the arrival of the domestic Spring Festival, a number of zinc downstream manufacturers stop production and overhaul plans have come out, which has dragged down the recovery of domestic zinc prices, Domestic zinc prices plummeted. In the long run, the zinc market is still supported by rising power, but before the Spring Festival, the demand of domestic zinc market is weak, the rising power of zinc price is insufficient, and zinc price is vulnerable to adjustment. Zinc market may usher in a short-term rising period after the festival.

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Zinc price trend

 

According to the data monitoring of business news agency, the price of zinc fluctuated and fell in January, and the price of zinc market fluctuated and fell. As of January 26, the average price of zinc was 20680.00 yuan / ton, down 3.02% from 21323.33 yuan / ton on January 1 at the beginning of the month.

 

Domestic zinc production

 

Date: output of current month (10000 tons) cumulative output (10000 tons) year on year growth (%) cumulative growth (%)

December 2020 – 60.2 642.5 – 1.5 642.7

November 2020: 58-582.1 – 0.7-3.1

October 2020 – 58.6 – 524.2 – 9.3 – 3

September 2020: 56.5-465.6-2.9-2.1

August 2020 – 53.9 – 410.9 – 5.1 – 4.3

July 2020 – 52.4 – 356.9 – 0.2 – 4.6

June 2020: 52-304.8-1.2-7.7

May 2020: 51.4 252.7 4.5 9.1

April 2020: 51.7 201.3 7.3 10.7

March 2020: 48.9 149.5 4.7 11

February 2020 — 104 — 12.9

December 2019 – 60.7 – 623.6 – 19.5 – 9.2

According to the statistics of the National Bureau of statistics, in December 2020, the domestic zinc ingot output was 602000 tons, and that month’s zinc ingot output decreased by 1.5% on a year-on-year basis. The reduction of zinc supply in the zinc market has a certain positive stimulating effect on the zinc price, but the weak demand in the zinc market makes the rising power of the zinc market limited. In addition, the output of zinc market increased in the whole year, the supply of zinc market still exceeded the demand, and the rising power of zinc market was insufficient.

 

Summary of domestic infrastructure market

 

According to the statistics of the National Bureau of statistics, from January to December 2020, infrastructure investment (excluding electricity, heat, gas and water production and supply industries) increased by 0.9% over the previous year, and the growth rate dropped by 0.1 percentage point from January to November. Among them, the investment in railway transportation industry decreased by 2.2%, with an increase of 2.0% from January to November; the investment in road transportation industry increased by 1.8%, with a growth rate of 0.4 percentage point. Domestic zinc market demand has increased, but the growth is limited, and the overall growth rate has dropped. The overall zinc market demand fell, zinc market downward pressure increased. The demand for zinc from photovoltaic and wind power is obviously stimulated. The sales data of automobiles and household appliances are good. The demand toughness of zinc market maintains. With the approach of Spring Festival, zinc plating, alloy and other enterprises successively announce holiday plans. The domestic demand for zinc downstream is expected to weaken. The short-term demand of zinc market is weak, and the situation of zinc market is declining.

 

Analysis summary and Prospect

 

Bai Jiaxin, an analyst at business news agency, believes that: Recently, the supply and demand of zinc market are weak, and the rising power of zinc market is insufficient, and the downward pressure is increasing. The domestic zinc concentrate processing fee decreased, with an average of about 3950 yuan / ton, and the zinc concentrate processing and smelting enterprises were lack of enthusiasm to start, and some enterprises announced the shutdown and maintenance plan due to the tight supply of zinc concentrate, which affected the supply of zinc city and reduced the supply of zinc City in the future; in terms of demand, the overall demand of zinc city maintained but the growth was insufficient, and with the approaching of the Spring Festival, the demand of zinc City dropped sharply, and the demand of zinc city was weak Maintain. Generally speaking, the supply and demand of zinc market decreased, but the overall supply of zinc market exceeded the demand, the rising power of zinc market weakened, and the downward pressure increased. It is expected that the short-term zinc price will fluctuate and fall slightly, while the medium-term zinc price still has room to rise, and the zinc market can be expected in the future.

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According to the data monitored by the business community, as of January 25, the comprehensive price of PC market was 19666.67 yuan / ton. The PC market had a steady rise, with a slight rise. The focus of negotiation was on the upper side, and the price rose slightly, with a rise of 3.69% compared with the same period last week. The purchasing atmosphere was general and the bullish atmosphere was strong.

 

At present, the domestic spot supply is normal, the operating rate of enterprises is normal, and the inventory is running normally. At present, the shipment is smooth. Near the Spring Festival, traders are generally willing to prepare goods.

 

The upstream bisphenol a market as a whole went up, mainly through negotiation, the supply side was tight, and the focus of market negotiation was high, forming a good support for PC cost.

 

On January 24, the rubber and plastic index was 711 points, flat with yesterday, down 32.92% from 1060 points (2012-03-14), the highest point in the cycle, and up 34.66% from 528 points, the lowest point on April 6, 2020. (Note: period refers to the period from December 1, 2011 to now)

 

Business community PC analysts believe that: the PC market is expected to be stable and strong in the short term, mainly in a narrow range. (the above prices are provided by major PC manufacturers all over the country and sorted out and analyzed by business PC analysts. They are for reference only. Please contact relevant manufacturers for more details.)

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According to the data monitored by the business community, as of January 22, the average price of domestic rubber grade high-grade silica was 4700.00 yuan / ton. This week, the market was running smoothly, the downstream just needed to purchase, and the demand did not increase significantly. The overall supply and demand of the market was balanced, and the quotation range was maintained between 4000-5000 yuan / ton, with smooth delivery and sufficient inventory.

 

Domestic rubber grade silica market is mainly stable operation, contract orders, just need procurement, procurement atmosphere is flat, the number of new orders is limited, and most of them are mainly discussed. At present, the shipment is smooth, the negotiation atmosphere is general, the merchants take the goods carefully, and the shipment is slow. The latest enterprise price is Shandong Lihua 4600 yuan / ton, Boai xiang4200 yuan / ton, Shandong Shouguang 5300 yuan / ton

 

In the upstream hydrochloric acid market, the quotation of manufacturers is temporarily stable, the trend is mainly stable, the purchasing enthusiasm is general, the trading atmosphere is maintained at the early level, and the hydrochloric acid market is mainly stable in the short term.

 

On January 21, the chemical industry index was 844 points, up 1 point from yesterday, down 16.93% from 1016 points (2012-03-13), the highest point in the cycle, and up 41.14% from 598 points, the lowest point on April 8, 2020. (Note: period refers to the period from December 1, 2011 to now)

 

Business community silica analysts believe that: in the short term, the silica market maintains a stable operation, and the price fluctuation range is limited. (the above prices are provided by major silica manufacturers all over the country and sorted out and analyzed by business silica analysts. They are for reference only. Please contact relevant manufacturers for more details.)

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