Category Archives: Uncategorized

Non-ferrous metal prices rose in large areas

On Tuesday (31st), due to reports that the United States and China may restart trade negotiations, CBOT soybeans soared to the highest level since mid-June, but investors are still worried about the increase in crude oil supply, resulting in a sharp decline in US crude oil, accumulated in July It fell about 7%, the biggest monthly decline in two years. The dollar strengthened against a basket of currencies before the Fed ended its two-day monetary policy meeting on Wednesday. COMEX gold fluctuated slightly in the flat plate and closed up slightly. The LME market has blossomed more, and copper has been popularized by the labor-management negotiations of the Chilean state-owned copper company. Zinc has also recorded a gain of more than 3%. The ICE raw sugar plate hit the lowest in three years, as technical signals amplified the decline caused by oversupply.

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Domestic fluorite prices rose slightly in July

I. Market overview
According to statistics, the domestic fluorite market price rose slightly in July, and the price at the end of the month was 2,680 yuan / ton, up 0.94% from the beginning of the month at 2,655 yuan / ton, up 21.51%.
Second, the market analysis
Domestic fluorite prices rose slightly in July, but fluorite prices formed a trend in July, and fluorite prices continued to rise in the first half of the month, but in the second half of the month, with the fluorite installation, fluorite supply increased, fluorite prices Gradually decline. The operating rate of fluorite installations in the northern region has increased, the supply of fluorite in the market has eased, and the price of fluorite has increased slightly. Recently, the southern fluorite started in general, and the supply of fluorite in the field was normal. At the end of the month, the price of fluorite in Inner Mongolia was 2600-2700 yuan/ton, and the mainstream of fluorite in Fujian area was 2600-2700 yuan/ton. The fluorite market in Henan Province. The price is 2600-2800 yuan / ton, the supply of domestic fluorite manufacturers is normal, and the price of fluorite is slightly higher.

Industry chain: The market price of hydrofluoric acid in the downstream of fluorite rose slightly in July. By the end of the month, the ex-factory price of hydrofluoric acid was 11,191.67 yuan / ton, an increase of 1.13%. The rise of downstream hydrofluoric acid market price is undoubtedly the support of the fluorite market. Recently, the downstream refrigerant industry in the terminal market is general, and the price trend of some refrigerant products is declining. Therefore, the price of fluorite in the market in late July has gradually declined. Even if the upstream raw materials have risen to varying degrees, there is a downward trend in late July, downstream of the terminal. The price of refrigerants generally follows, and the price of fluorite has risen slightly.

Industry: In the terminal refrigeration industry in July, the supply of upstream raw materials fluorite and hydrofluoric acid was normal, and the market price of fluorite rose slightly.

Third, the market outlook

In the market outlook, the domestic fluorite manufacturers have gradually started driving, and the supply of fluorite has increased compared with the previous one. The fluorite analyst Chen Ling of the business division of the business community believes that the price of fluorite will fall in August, and the price will be 2400-2500 yuan/ton. .

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July 30, domestic acetic anhydride market price fell

First, the price trend:

According to the data monitoring of business organizations, on July 30, the average price of acetic anhydride enterprises was 7162.50 yuan / ton, down 0.17% from the previous trading day, up 47.90%.

On July 29, the acetic anhydride commodity index was 142.20, which was the same as yesterday, which was 14.20% lower than the highest point of 165.73 points (2018-06-19) in the cycle, which was 72.20% higher than the lowest point of 82.58 points on September 20, 2016. (Note: Period refers to 2013-02-01 to date).

On July 30, the domestic acetic acid anhydride factory price fell, and the market transaction price fell. In most areas, the factory price is 6500-7200 yuan / ton, the actual transaction price fell, the actual transaction price is about 6300-6800 yuan / ton, the market price is the reference price, the actual transaction price is subject to actual negotiation.

Recently, the ex-factory price of acetic anhydride varies greatly among different manufacturers. The prices of acetic anhydride enterprises in Zhejiang and South China are relatively high, and the prices of acetic anhydride in Shandong and Jiangsu are relatively low. Because of the process reasons and the cost advantage of raw materials, the ex-factory price of antimony ore is lower than that of South China manufacturers; the raw materials of southern acetic anhydride enterprises are mostly externally purchased, and the raw materials are mainly glacial acetic acid. Recently, the price of glacial acetic acid has increased slightly, resulting in a slight increase in the price of glacial acetic acid. The cost of southern acetic anhydride manufacturers is too high, and the recent acetic acid anhydride is in the off-season, the transaction volume is small, the actual transaction price is subject to negotiation, and the price is the market reference price. Affected by the decline in demand, the acetic anhydride market was bearish and the price plummeted. It is expected that the market for acetic anhydride will fall.

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March 28 LME Metal Cobalt Quotes

On March 28th, the spot price of rare metal cobalt in the LME market was 93000.00-93500.00 USD/ton, and that of March futures was 93500.00-94000.00 USD/ton, and the closing price was 93750.00 USD/ton. On March 28th, the LME market had a rare metal cobalt warehouse inventory of 538.00 tons, and there was no change in inventory.

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Japan imports U.S. LPG to new highs

Recently, the Japanese government said that 2017 imports of liquefied petroleum gas (LPG) from the United States will double, accounting for about half of the total purchase volume. Like crude oil, U.S. LPG exports have led to a gradual reduction in market share in the region’s largest oil and LPG producer, Saudi Arabia.

 

Data from Thomson Reuters also showed that by the end of 2017, the US had reached nearly 6 million tonnes of LPG exports to Japan, doubling sales year-on-year. The import of US LPG is beneficial to Japan’s energy security and diversification. U.S. oil production has surged 80% since 2010 and is expected to rise further, with more U.S. LPG coming into the market and prices becoming more competitive. The Japanese government’s data show that, including freight, U.S. LPG prices have been flat or slightly below Middle Eastern crude prices. According to trade data statistics show that Asia is the world’s largest LPG import market, China, India, Japan and South Korea accounted for 1/3 of the global share.

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