Trade name: urea

Latest price (November 2): 1790.00 yuan / ton

The factory price of urea in Shandong Province rose on November 2, up 13.33 yuan / ton, or 0.75%, compared with that on October 30. The recent high-level consolidation of upstream liquid ammonia has a good cost support. Domestic demand is fair, agricultural demand in some areas has been followed up, appropriate procurement, industrial demand is in line with the market, mainly follow-up on bargain hunting, and some goods sources continue to gather in port. In terms of supply, some enterprises limited production and equipment maintenance, and local spot shortage.

It is expected that the short-term urea market will rise slightly in the future: the average price quoted by manufacturers is about 1800 yuan / ton.

According to the monitoring of the business agency, the coking coal market in North China on October 30 was about 1380 yuan / ton, down 8.91% from the same period last year. The price of coking coal is relatively strong.

On October 29, the coking coal commodity index was 101.85, unchanged with yesterday, down 16.19% from 121.53 (March 12, 2019), and 126.79% higher than the lowest point of 44.91 on January 28, 2016. (Note: period refers to 2012-09-01 to now)

According to the business club, coal enterprises in the main production area are more active in starting work. In addition to the impact of environmental inspection and mine maintenance, the output of some coal mines has been reduced, and most coal enterprises have no inventory. The demand for high-quality main coke is good, the quotation is slightly increased, the overall supply of goods is relatively tight, and the overall coking coal is relatively strong operation.

Demand: downstream, the price of coke market is stable, the sales of enterprises are better, and the manufacturers are active in shipping. The capacity reduction plan for some areas of Shanxi has been started. It is expected that the coking capacity will be reduced by 20 million tons by the end of October, which will have an impact on the coke supply. The tight supply will further support the high price operation of coke. The blast furnace of the downstream steel works started steadily and the demand for coke was positive. In terms of ports, the prices of the two ports in Shandong Province have remained stable for the time being. At present, there are not many goods available for sale in the market, and the transaction is general, and the inventory continues to decrease. In the near future, focus on the impact of the implementation of de capacity in Shanxi on coke supply.

According to the coking coal analysts of the business society, the blast furnace of the downstream steel plant starts stably and has a positive demand for coke. In terms of ports, the prices of the two ports in Shandong Province have remained stable for the time being. At present, there are not many goods available for sale in the market, and the transaction is general, and the inventory continues to decrease. The downstream purchase of coking coal is increasing, and the supply of coking coal in the production area is relatively tight. Generally speaking, it is expected that the coking coal will be mainly operated in a short term or strong way in the short term.

1、 Domestic sodium pyrosulfite price trend chart

According to the monitoring of the business agency, the domestic sodium metabisulfite price continued to keep stable at the bottom this week. The average price of industrial sodium pyrosulfite at the beginning of the week was 1816.67 yuan / ton, and that at the weekend was 1816.67 yuan / ton, with a rise and fall range of 0.

2、 Market analysis

This week, the overall market of sodium pyrosulfite is relatively stable. The market price range of industrial sodium pyrosulfite is 1700-1850 yuan / ton, and most prices are concentrated in 1700-1750 yuan / ton. Most of the enterprises mainly complete the orders of old customers, and the continuous high cost of raw materials makes the buyers and sellers more cautious, and the market as a whole is fast in and out. (the above prices all refer to the external quotation of domestic mainstream enterprises, and some unreported enterprises are not included in the scope temporarily. The prices are for reference only and have nothing to do with the final pricing of manufacturers. Please contact all manufacturers for details.).

In October, the domestic sulfur price increased by 10.59%, and the soda ash price increased by 2.75%. The upstream raw material price continued to rise, and the market price of sodium pyrosulfite in the future market will be further supported.

3、 Future forecast

Business agency analysts believe that the cost and demand support, the domestic market price of sodium pyrosulfite is expected to continue to run strong in the short term.

At the end of the month, it is difficult to insure the price of bisphenol A in the domestic market, and the market offers are mostly loose. The low price of bisphenol A often appears in the market. The reference for negotiation is about 12500 yuan / ton. And downstream buying atmosphere is cold and difficult to change, trading volume is very few. At present, the factory level has been adjusted to 13000 yuan / ton. The reference offer range of domestic market is 12500 yuan / ton, and some markets have lower prices.

In terms of raw materials, phenol and acetone markets were not optimistic. After a narrow decline, the market entered a stalemate near the end of the month, but there was still a hidden decline in actual transactions. Taking East China as an example, the reference for phenol negotiation is 5450 yuan / ton, and the terminal receiving plate is mainly required; acetone negotiation is at 6700-6800 yuan / T, and there are more replenishments in the downstream, but the bid price is not optimistic, and the mentality of the shippers is under pressure, and low-cost shipment is also common in the market. Although the theoretical value of the cost has decreased, it has a negative impact on the industrial chain; in addition, the current bisphenol a market is running at a high level, and the theoretical profit is more than 3000 yuan / ton, which is quite profitable from the perspective of raw materials.

From the downstream point of view, the epoxy resin continued to stay at a high level, with reference to the negotiation of 21500 yuan / ton, the solid resin around the mountain at 16800 yuan / ton, and the factory suspended the offer; the high level of epoxy resin industry continued, the news was good for raw material bisphenol A, but the operating rate of downstream industry decreased, and the demand for raw materials was reduced in theory.

At the end of the month, the spot resources in the market are relatively limited. Most of the small and medium-sized traders have no inventory, and a small number of inventory holders are forced to make firm offers under cost pressure. The market for bisphenol A is expected to be between 12450 and 12600 yuan / ton.

The offers of bisphenol A are as follows:

Regional price rise and fall

East China 12550 0

12450 0 in North China

The fluctuation of domestic bisphenol a market is limited in the opening of the new week, which is mainly due to the support of the mentality of the shipholders under the current high offer of domestic factories and the continuous firmness of the offer. On the other hand, the downstream early stock is relatively sufficient, while the current price is high, and the participation of intermediate traders is not high. Generally speaking, the overall market participation is not high, and the market trading is relatively clear Light. At present, the factory level has been adjusted to 13000 yuan / ton. The reference offer range of domestic market is 12500-12650 yuan / ton.

In terms of raw materials, phenol and acetone markets were not optimistic. After a narrow decline, the market entered a stalemate near the end of the month. Although the theoretical cost value decreased, it had a negative impact on the industrial chain. In addition, the current bisphenol a market is running at a high level, and the theoretical profit is more than 3000 yuan / ton, which is quite profitable from the perspective of raw materials.

From the downstream point of view, the PC market is significantly higher, and the epoxy resin industry is also at a high level. For raw material bisphenol A, the news coverage is good, but the operating rate of downstream industries has decreased, and the demand for raw materials is reduced theoretically.

At the end of this week, the spot resources in the market are relatively limited. Most of the small and medium-sized traders have no inventory, and a small number of inventory holders are forced to make firm offers under cost pressure. The market for bisphenol A is expected to be between 12450 and 12600 yuan / ton.

The offers of bisphenol in various markets in China are as follows:

Regional price rise and fall

East China 12600 0

North China 12600 0