Trade name: ammonium sulfate

Latest price: 1175 yuan / ton

Commodity index: on July 29, the ammonium sulfate commodity index was 98.33, the same as yesterday, down 7.48% from the highest point of 106.28 in the cycle (2012-05-24), and up 168.29% from the lowest point of 36.65 on June 23, 2014（ Note: period refers to 2011-0 (from September 1 to now)

Key points of analysis: the price of ammonium sulfate is stable today. At present, the demand at home and abroad is weakening. Due to the continuous rise in the early stage, the market of ammonium sulfate is weakening. The price of coking grade ammonium sulfate has a steady downward trend. The quotation of most domestic ammonium sulfate enterprises remained stable. The downstream compound fertilizer market is stable and finishing.

Future forecast: at present, the downstream demand of ammonium sulfate is general, and the export demand slows down. The supply of ammonium sulfate is tight, and the price of ammonium sulfate is expected to be weak and stable in the short term.

In July, the overall propane Market showed a volatile upward trend, with frequent fluctuations in the month. Near the end of the month, propane fell. According to the data monitoring of business agency, the average price of propane in Shandong market was 4755.75 yuan / ton on July 23 and 4713.25 yuan / ton on July 26. The decline range on July 26 was 0.89%, an overall increase of 3.74% compared with July 1.

As of July 26, the mainstream prices of propane in different regions in China are as follows:

region Specifications July 26th

East China Propane,% (V / V) not less than 95 4550-4900 yuan / ton

North China Propane,% (V / V) not less than 95 4650-4830 yuan / ton

Shandong region Propane,% (V / V) not less than 95 4650-4770 yuan / ton

South China Propane,% (V / V) not less than 95 4600-4700 yuan / ton

Central China Propane,% (V / V) not less than 95 4520-4900 yuan / ton

In July, due to seasonal factors, the traditional off-season sales of propane came. However, since July, the propane Market as a whole has shown a volatile upward trend, and the off-season market is not light. There were many positive factors in the month, supporting the rise of price shocks. However, near the end of the month, Shandong propane market fell from a high level. On the 26th, the propane Market in Shandong decreased steadily, and the market transaction atmosphere was general. Due to weak downstream demand and multi-dimensional rigid demand procurement, it brought some restraint to the rising market. The northern market made a small profit and mainly delivered goods. The southern market mostly pushed up. The slight rise of international crude oil at the weekend and the expected upward trend of CP in August are good for the market mentality, but the market demand is still weak, and it is difficult to clinch a deal at a high price.

Saudi Aramco’s CP announced in July that both propylene and butane rose. Propane was 620 USD / T, an increase of 90 USD / t over the previous month; USD 620 / T butane, up from USD 95 / t last month.

On July 23, the international oil price closed up slightly. The settlement price of the main contract in the US WTI crude oil futures market was US $72.07/barrel, an increase of US $0.16 or 0.2%, and the settlement price of the main contract in the Brent crude oil futures market was US $74.10/barrel, an increase of US $0.31 or 0.4%. Oil prices rose for four consecutive trading days, mainly due to the rising expectation of tight supply in the market in the future. Traders believe that the previous concerns about demand have been exaggerated. It is generally believed that the demand growth will exceed the new supply for a period of time at the end of the year.

Due to the influence of seasonal factors, the overall demand of the downstream is weak, and multi-dimensional holding makes up on demand, which brings some restraint to the rising market. At present, there are differences in the market trend between the north and the south, with the North falling and the South rising, but on the whole, the fluctuation range is limited and the price is relatively strong. The slight rise of international crude oil and the expected rise of CP price in August have brought some support to the market. It is expected that the price of propane market will remain strong in the short term, dominated by horizontal adjustment.

In late July, the three varieties of polyethylene in stock rose and fell this week. LLDPE has been significantly increased, with the range of 50-250 yuan / ton, LDPE is stable, some of which are up regulated, HDPE has fallen continuously, with the range of 100-200 yuan / ton.

According to the data of business agency, the average factory price of LLDPE (7042) in East China was 8216.67 yuan / ton on July 18, 8383.33 yuan / ton on July 23, and the increase rate in the week was 2.03%, up 1.00% compared with July 1.

According to the data of business society, the average factory price of LDPE (2426h) in East China was 10500.00 yuan / ton on July 18, and that of July 23 was 10050.00 yuan / ton, which was stable in operation within the week, and it has no change for now, up 3.45% compared with July 1.

According to the data of business society, the average price of HDPE (5000S) in East China was 9300.00 yuan / ton on July 18, 9133.33 yuan / ton on July 23, and the decline rate was 1.79% in the week, 0.72% lower than that on July 1.

In late July, the three kinds of polyethylene spot rose and fell. Petrochemical company adjusted the factory price narrowly, with different trends and insufficient cost support. The linear coal chemical plant is mainly maintained, and the low price supply is relatively small, and the fluctuation of futures market brings some support to the spot market. High pressure is relatively firm due to the low capacity. The low-pressure market will lower the price according to the situation. The terminal is currently cautious in taking goods and making up the goods as required. The average start rate of PE enterprises in this period was 84.07%, down 3.25% from 87.32% last week.

Upstream ethylene market, the recent external ethylene market overall showed a rising trend. The price of ethylene in Asia is stable, as of 22, CFR Northeast Asia closed at $1001-1011 / T, and CFR Southeast Asia closed at USD 966-976 / T. The price center of European ethylene market moved upward, as of 22, FD northwest Europe closed at $1160-1170 / T, CIF NW Europe closed at $1063-1071 / T. The price of ethylene in the U. Generally speaking, the demand of the whole ethylene market is good in the near future, the purchasing atmosphere is active, the transaction is good, and the center of the ethylene market moves upward.

On July 23, the opening price of PE futures 2109 was 8380, the highest price was 8415, the lowest price was 8280, the closing price was 8325, the former settlement price was 8425, the settlement price was 8345, down 100, or 1.19%, the volume of trading was 379659, the position was 310609, and the daily position increased by 14601（ Quotation unit: yuan / ton)

In general, in terms of demand, the later stage of agricultural film has a small improvement expectation, but the pipe construction rate has decreased significantly, and the overall demand has not changed much. Petrochemical factory prices are currently stable, cost support is general, downstream market enthusiasm has been weaker than the previous stage, multi-dimensional on-demand supplement, continue the negotiation mode, business mentality is general, the offer price rise and fall. It is expected that PE spot market lacks clear guidance in the short term, or maintains the mutual occurrence of rise and fall.

1、 Trend analysis

As shown in the figure above, the copper price rose slightly on July 26. The spot copper quotation was 71231.67 yuan / ton, up 1.57% from 70128.33 yuan / ton on the previous trading day, 22.91% from the beginning of the year and 37.07% year-on-year.

The Fed still held a dovish tone and copper closed up $164 the following week. Benefiting from the strong demand in downstream areas such as new energy, the non-ferrous metal industry has performed strongly recently“ Under the background of “carbon neutralization”, the world vigorously develops new energy vehicles. The increase of copper consumption per vehicle and the construction of charging pile network are also new increments of global copper demand. The second batch of domestic abandoned reserves were lower than expected, copper inventories continued to decline, demand prospects were optimistic, and copper prices were supported. It is estimated that the global copper demand for new energy vehicles will increase from 110000 tons in 2020 to 1.07 million tons in 2030, and the global copper demand for solar photovoltaic will increase from 160000 tons in 2020 to 520000 tons in 2030. The proportion of global demand for new energy vehicles, photovoltaic and wind power copper in China’s copper production will increase from 6.5% in 2020 to 12.7% in 2030. Copper prices are expected to be dominated by short-term or strong operation.

1、 Price trend of domestic sodium pyrosulfite

According to the monitoring of business agency, the price of domestic sodium pyrosulfite continued to operate stably, moderately and strongly this week. The average price of industrial grade sodium pyrosulfite at the beginning of the week was 2183.33 yuan / ton, and the average price at the end of the week was 2200.00 yuan / ton, a slight increase of 0.76%.

2、 Market analysis

The overall market performance of sodium pyrosulfite this week is acceptable. The market price range of industrial sodium pyrosulfite is 2000-2350 yuan / ton, and most prices are concentrated near 2200-2300 yuan / ton. The production of the enterprise is stable, the overall inventory is low, and the overall supply of domestic sodium pyrosulfite market is tight. The enterprise mainly completes the orders of old customers. Under the support of rigid demand and cost, some enterprises slightly transfer out the factory price, driving the continuous strong operation of domestic sodium pyrosulfite Market price（ The above prices refer to the external quotations of domestic mainstream enterprises, and some unreported enterprises are not within their scope temporarily. The prices are for reference only and have nothing to do with the final pricing of manufacturers. Please contact each manufacturer for details).

Since the beginning of July, the price of domestic soda ash has increased by 5.07% as a whole, and the price of sulfur has increased slightly by 0.2%. The raw material cost has continued to rise. With the support of cost, the market price of sodium pyrosulfite will continue to operate strongly in the future.

3、 Future forecast

Business analysts believe that under the dual support of cost and demand, the domestic sodium pyrosulfite market price will continue to be strong in the short term.

On July 22, when the domestic futures market opened, the main contract of PTA futures rose strongly to 5330 yuan / ton, an increase of 5.00%.

In the spot market, according to the price monitoring of the business community, the average price of PTA spot market was 5361 yuan / ton, up 3.46% over the previous day and 51.83% over the same period last year.

From the perspective of supply and demand pattern, polyester demand under high temperature maintains off-season, and the operating rate is close to 90%. PTA plant maintenance remains high, and the recent typhoon weather in East China has affected its transportation, which aggravates the contradiction between supply and demand in some regions in the short term. At the same time, the oil price stabilized and rebounded, and the support at the support end increased, resulting in a sharp rise in the PTA market.

Business analysts believe that short-term PTA is expected to maintain shock upward, but still need to close the oil market dynamics and guard against the risk of price fall after typhoon weather speculation.

As of July 20, the average price of raw silk was 422000 yuan / ton, up 23000 yuan / ton or 5.76% from three months ago. There was a slight decline in raw silk last week, with a decline of 0.36%. Compared with the price of raw silk in five years, the price in 2018 was significantly higher than that in the other four years, the price in 21 years showed an overall upward trend, and the price after April was higher than that in the other three years.

In Henan, Luoyang optimizes the development mode of silkworm industry, lengthens the industrial chain and promotes the value chain. Luoyang is one of the Oriental starting points of the silk road. Its unique ecological environment is very suitable for silkworm cultivation. It has a long history of mulberry cultivation and silk industry development in Luoyang. In recent years, the counties and districts represented by Song County have successively issued special support policies, introduced leading enterprises, planned from a high starting point and built silkworm industry with high standards, and waded a happy road of “gold” silkworm and “silver” mulberry. In addition, relying on the acquisition station of Baise sericulture farm, the silkworm breeding cocoon industry in Lingyun County of Guangxi has realized the “win-win” of industrial development, cooperative efficiency, village collective economy increase and farmers’ income increase. At present, the planting area of mulberry garden in Lantai village is more than 800 mu, and there are more than 89 sericulture households. In the whole year, there are more than 600 sericulture households, with an annual output of 67200 Jin of fresh cocoons and an output value of 2352000 yuan, which injects industrial power into rural revitalization and development. There are 6382 sericulture farmers in Lingyun county. This year, more than 10000 spring silkworms will be planted in the county. In order to ensure the orderly and steady progress of sericulture in 2021, all levels and departments of the county continuously increase publicity and technical training, actively guide farmers to grasp the management of mulberry garden, and do a good job in the early stage of irrigation, fertilization, weeding and replanting.

Business analysts believe that raw silk prices continue to rise. Since 2021 / 7 / 11, the 7-day moving average has undercrossed the 30 day moving average and started the downward trend. At present, the two moving average are going downward in the same direction. According to the calculation of 2021 / 7 / 18, the probability of changing the operation situation in the next 7 days (that is, the 7-day moving average crosses the 30 day moving average) is 44.05%.

According to the monitoring of business society, the price index of domestic rare earth market rose sharply, the price trend of domestic PR nd rare earth rose sharply, and the market price of heavy rare earth rose correspondingly. According to the rare earth plate index of business society, the bulk commodity price index BPI on July 19 was 1080 points, up 8 points from yesterday, reaching a record high in the cycle, Compared with the lowest point of 660 on February 3, 2016, it has increased by 63.64%（ Note: period refers to the period from December 1, 2011 to now).

It can be clearly seen from the rare earth index chart that the price of domestic rare earth has risen sharply in the near future, and the prices of mainstream commodities in the rare earth market have increased in varying degrees, and the trend of the rare earth market has improved. In terms of products:

It can be clearly seen from the product price trend chart that the prices of domestic mainstream products such as neodymium oxide, metal neodymium, praseodymium neodymium oxide, praseodymium neodymium alloy, praseodymium oxide and metal praseodymium all rose. As of July 20, the price of neodymium oxide in domestic rare earth was 585000 yuan / ton; The price of metal neodymium is 715000 yuan / ton; The price of praseodymium neodymium oxide is 600000 yuan / ton; The price of PR nd alloy is 745000 yuan / ton; The price of praseodymium is 725000 yuan / ton; The price of praseodymium oxide was 580000 yuan / ton, and all products rose to varying degrees. In July, the domestic light rare earth market continued to rise, and the market improved.

The domestic rare earth market continues to rise, the inflection point of supply and demand structure is coming, the demand for high-end magnetic materials is increasing, and the profit margin of rare earth industry chain is opening up. In the near future, China’s rare earth quota on the supply side may increase steadily, the supply rigidity is optimized, and the new energy efficiency standards are implemented. The proportion of frequency conversion air conditioners in domestic household appliances and NdFeB penetration rate will continue to increase, and the demand side is expected to continue to rise. The sales of new energy vehicles are relatively normal, and the demand for rare earth is high. The main rare earth raw materials of high performance NdFeB are light rare earth praseodymium neodymium oxide, heavy rare earth dysprosium oxide and terbium oxide, which are used in new energy vehicles, wind power, energy-saving frequency conversion air conditioning, traditional vehicles and other fields. According to statistics, the sales of new energy vehicles are still good. According to the data released by China Automobile Industry Association, the latest production and sales data released by China Automobile Industry Association (hereinafter referred to as “China Automobile Association”), in June, domestic automobile production and sales reached 1.943 million and 2.015 million respectively, with a month on month decrease of 4.8% and 5.3%, and a year-on-year decrease of 16.5% and 12.4%. In the near future, the downstream demand is fair, and the market price of light rare earth continues to rise.

It can be seen from the trend chart that the price of dysprosium oxide in China is rising, and the price of dysprosium oxide is 2.575 million yuan / ton as of the 20th; The price of dysprosium ferroalloy is 2.515 million yuan / ton, and the price of dysprosium metal is 3.375 million yuan / ton. The domestic price of terbium series rises sharply, the domestic price of terbium oxide is 7.6 million yuan / ton, and the price of metal terbium is 9.4 million yuan / ton. The transaction of domestic rare earth market has improved, the leading magnetic material factory has continued to expand, the demand for replenishment has made the domestic heavy rare earth market prices warmer and higher, coupled with Myanmar’s ban on exports, the global supply of rare earth is more concentrated, and Myanmar is one of the production areas next only to China and the United States. Myanmar has a great influence on the domestic heavy rare earth market products, the import source has decreased significantly, the market supply of heavy rare earth in the yard is general, the recent downstream procurement is active, and the market price trend is rising.

Recently, the “notice on industrial energy conservation supervision in 2021″ stressed that enterprises in key industries such as iron and steel, non-ferrous metal smelting, petrochemical and chemical industry, building materials and so on should be comprehensively investigated, and special supervision on the implementation of mandatory energy consumption quota standards per unit product should be carried out, so as to finally achieve full coverage of energy conservation supervision of enterprises in key industries during the “14th five year plan”. In addition, Wang Jiangping, Vice Minister of the Ministry of industry and information technology, said at the video conference on industrial policies and regulations of industry and information system last week that efforts should be made to optimize the development environment of industrial enterprises, accelerate the legislation of telecommunication law, and promote the promulgation of rare earth regulations as soon as possible. Industry insiders believe that this reflects the strengthening of government control over the rare earth industry, which is conducive to the healthy development of the industry. Since 2021, the accelerated promulgation of rare earth management regulations will, on the one hand, make the industry have laws to abide by, and promote the development of rare earth industry chain in a virtuous circle; On the other hand, it reflects China’s determination to strictly control the order of rare earth supply and support the selling price of rare earth as an important strategic resource. The overall demand for rare earth products is fair. Recently, the downstream demand has increased, and the phenomenon of replenishing the stock is frequent. The price of domestic rare earth market has risen.

With the sustainable development of new energy vehicles, wind power and variable frequency air conditioning in the downstream of rare earth, and the continuous demand, coupled with the normal start of domestic rare earth supply, the recent on-site transactions have increased, and the purchase is active. Business analyst Chen Ling expects that the market price of rare earth will maintain a rising trend in the future.

This week (7.12-16), the domestic liquid ammonia market rose slightly, and the market price rose steadily. According to the monitoring of the business community, the weekly increase of liquid ammonia was 1.50%. After entering July, the price of liquid ammonia remained high. This week, the liquid ammonia manufacturers generally increased. Affected by the maintenance of some domestic manufacturers, the price of urea continued to hover at a high level, and some manufacturers changed to produce urea, which aggravated the current situation of tight supply of liquid ammonia.

This week, the atmosphere of domestic liquid ammonia market is acceptable. The price of liquid ammonia in Shandong Province has been rising steadily this week. At present, the amount of ammonia in this region is moderate, and the enterprises are shipping normally. At present, the inventory is normal. For two consecutive days this week, the price of some large factories has been rising, with a cumulative increase of 100 yuan / ton. At present, the mainstream price in this area is 4350-4550 yuan / ton. Due to the high price of urea and driven by profits, the liquid ammonia discharged by the manufacturers in this area is still on the low side, and the price is expected to be firm in the near future.

The price of liquid ammonia in Hebei also rose slightly, with a small range, around 50 yuan / ton. At present, the inventory pressure of goods source in this area is general. Near the weekend, the quotation of large factories increased slightly, and the inventory of some plants overhauled decreased slightly. The mainstream price in this area is 4300-4400 yuan / ton. At present, the production of liquid ammonia by the manufacturer is moderate, and the overall inventory pressure in the region is not big. It is expected that the price will stabilize at a high level in the near future.

In the future, there is little pressure on the supply of domestic liquid ammonia manufacturers. Most of them are tentatively rising. Combined with the impact of the continuous strength of urea and the export boost by printing standard, the price of liquid ammonia has no risk of correction in the short term, and is expected to maintain a high level and narrow range adjustment.

According to the data monitored by the business agency, as of July 16, the average price of PMMA was 16875.00 yuan / ton, the overall market maintained stable operation, the quotation range of mainstream manufacturers maintained about 17000 yuan / ton, the negotiation center was stable, and the downstream just needed to purchase, which maintained a stable trend in the short term.

Domestic PMMA is stable and weak, transaction atmosphere is general, downstream just need to purchase, negotiation atmosphere is flat, some manufacturers supply spot is tight, upstream MMA runs smoothly, just need to purchase is the main, actual single talk.

On July 16, the rubber and plastic index was 807 points, up 2 points from yesterday, down 23.87% from 1060 points (2012-03-14), the highest point in the cycle, and up 52.84% from 528 points, the lowest point on April 6, 2020（ Note: period refers to the period from December 1, 2011 to now

PMMA analysts of business news agency believe that: the domestic PMMA market maintains a stable operation and a balance between supply and demand（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.