September 26th, the United States regional ethylene market closed down 13.5 U. S. dollars / ton, FD U. S. Gulf price closed at 678-688 U. S. dollars / ton.
PVA |
September 26th, the United States regional ethylene market closed down 13.5 U. S. dollars / ton, FD U. S. Gulf price closed at 678-688 U. S. dollars / ton.
PVA |
September 25 US p-xylene market closing price rose 5 US dollars / ton, the closing price of 785-795 US dollars / ton FOB US Harbor.
PVA 1799 (PVA BF17) |
As of September 25 closing, methanol CFR China (LC 0-30 days) 334-336 US dollars / ton; methanol CFR Southeast Asia (LC 0-30 days) 354-356 US dollars / ton.
PVA |
LONDON (MarketWatch) – London Metal Exchange (LME) zinc and nickel prices rebounded on Monday after the rally in the latter part of the rally, but cautious outlook for China’s demand outlook and a stronger dollar Suppression
PVA FIBER |
Robin Bhar, head of metal research at Societe Generale, said the price has bottomed out since the recent high back market has been bottoming down and now returns to a level closer to a reasonable price.
London time on September 25 17:00 (Beijing time on September 26 00:00), three months of zinc rose 2.1% to 3,096 US dollars per ton, the previous day fell to a week low of 3,000 US dollars per ton The
Tight supply, making the spot zinc than three months of zinc rose to the highest level since 2007, 66 US dollars, traders said, which may inspire the delivery of LME warehouse.
LME zinc registered warehouse receipts this year has accumulated more than 50% decline, a small number of entities hold the majority of warehouse receipts.
China introduced new measures to regulate the real estate market, coupled with long-term sovereign credit rating was down, hit the market demand for its metal is expected.
22 to 23, Xi’an, Chongqing, Nanchang, Nanning, Changsha, Guiyang, Shijiazhuang, Wuhan eight provincial cities intensive introduction of the property market control measures, of which six cities to implement the sale.
German business confidence unexpectedly deteriorated in September, suggesting that the German economy in the next few months or will lose some momentum.
In addition, the Federal Reserve in December is expected to raise interest rates, boost the dollar stronger.
According to sources, some banks have reduced their credit lines for smaller South Korean trade enterprises that hold industrial metals due to the escalation of tensions in the DPRK.
PVA 1788 (PVA BP17) |
Traders said concerns about the registration of Korean warehouses have pushed up spot nickel, copper and aluminum premiums over three months’ contracts close to several-year highs.
The US Commodity Futures Trading Commission (CFTC) reported on Friday that the week ended Sept. 19, hedge funds and management funds were holdings of COMEX copper futures options.
Three-month nickel closed up 1.5% at $ 10,580 a tonne and fell more than 8% on Thursday and Friday after the Shanghai Futures Exchange raised its handling fee to curb speculation.
Three-month copper fell 0.1 percent at $ 6,450 a tonne. On Friday, copper hit the lowest since August 16 at $ 6,366 per tonne.
Three-month aluminum closed down 0.5 percent at $ 2,148 a tonne.
Three-month lead fell 0.3 percent at $ 2,475 a tonne.
Three-month tin settled 0.9% higher at $ 20,700 per tonne.
http://www.barium-chloride.com |
First, the price trend
According to the business monitoring data show that soda ash prices rose slightly this week, the average price of the domestic market early 2093.33 yuan / ton, the weekend the average price of the domestic market was 2126.67 yuan / ton, the price slightly increased 1.59%, up 62.96% year on year. September 22 light soda ash commodity index was 109.06, unchanged from yesterday, a record high during the cycle, compared with November 18, 2015 the lowest point of 63.15 points rose 72.70%. (Note: cycle refers to 2011-09-01 so far))
Second, the market analysis
PVA 1799 (PVA BF17) |
Products: soda ash market this week, there is still a slight increase in the mainstream mainstream of the mainstream price of raw materials in the 2100-2150 yuan / ton, heavy alkali to the mainstream price of 2250-2300 yuan / ton. Huanghua Shengxin chemical soda ash normal shipment, light soda ash factory price is the implementation of 2,100 yuan / ton, the actual transaction price can be negotiated, business shipments are acceptable. Hebei Cangzhou Lingang Binhai Chemical currently the implementation of light alkali 2200 yuan / ton, the real price can be discussed in detail, the shipping situation is still acceptable.
Industrial chain: soda ash upstream raw materials coke, limestone supply continued tension, and the operating rate due to environmental factors affect the operating rate is low. While the demand for downstream float glass is still high, the purchase volume has increased from the previous month, soda ash prices are still high.
POLYVINYL ALCOHOL FIBER |
Third, the market outlook forecast
Business analysts believe that: upstream raw materials such as coke, limestone and other high prices, the downstream float glass market is better, stable demand for soda ash. Business analysts are expected to market outlook soda ash market is still rising trend, the domestic mainstream price of light alkali in the 2100-2200 yuan / ton, heavy alkali to the mainstream price of 2200-2300 yuan / ton.
http://www.barium-chloride.com |