Monthly Archives: February 2022

After the festival, the demand is weak, and the price of electrolytic manganese is down (from January 28 to February 11)

This week (from January 28 to February 11), 1# electrolytic manganese market price was mainly downward. The spot market price in East China was 41875 yuan / ton last weekend and 40575 yuan / ton this weekend, down 3.1%.

 

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In terms of manganese ore, the price of manganese ore has increased steadily and strongly, especially for high-grade oxidized ore. The port inventory is running at a low level, the market quotation has increased significantly, some of them can not be closed, the carbonate ore is slightly stable, and there is little room for increase, and the prices of some other non mainstream ores are also followed.

 

In the first week after the festival, the market price of electrolytic manganese was slightly corrected. Most manufacturers are still on vacation and offer less. The manufacturers are still limited in operation and still stop production and upgrading. The market as a whole is light, and enquiries and transactions are limited.

 
Manganese silicon: after the festival, the silicon manganese alloy futures and spot performance are awesome, and the industry is very happy. The mentality of the industry is also rising. But the current market analysis is basically a short game, and there are some resistance to the ups and downs. According to the price monitoring of business agency, the mainstream quotation in Ningxia (specification: femn68si18) on February 11 was around 8000-8100 yuan / ton (including tax).

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On February 10, the domestic yellow phosphorus market price rose

Trade name: yellow phosphorus

 

Latest price February 10: 32375 yuan / ton

 

Key points of analysis: the domestic yellow phosphorus market price rose on February 10. The overall market trading situation is acceptable, there are many downstream inquiries, mainly just need replenishment, and the transaction of new orders is limited.

 

It is expected that the price of yellow phosphorus will mainly run at a high level in the short term.

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PET market was strong on February 9

Trade name: PET latest price (February 9): 8230.00 yuan / ton

 

As of February 9, the average price of PET water bottle manufacturers was 8230 yuan / ton, the overall market was strong, the focus of negotiation was stable, the price trend was stable, and returned after the festival. The enthusiasm of the downstream was general, the purchase was just needed, the price of PTA in the upstream was stable, and the supply side was normal.

 

Future forecast: it is expected that the pet market will operate stably in the short term.

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On February 8, the cryolite market was temporarily stable

Trade name: cryolite

 

Latest price (February 8): 7300 yuan / ton

 

Key points of analysis: today, the quotation of domestic cryolite enterprises is relatively stable, and the cryolite market continues to operate at a high level. Affected by the heating in winter, the production of devices in northern enterprises is limited, the high price of cryolite is strong, individual enterprises superimpose the pressure of raw material cost, the high price is temporarily stable, the cryolite market operates firmly, and the downstream demand is stable. Enterprises negotiate shipment, and the price market in a short time still needs to pay attention to the inventory of enterprises. At present, the venue holds a wait-and-see attitude towards the future market.

 

Future forecast: cryolite market will continue to operate stably for the time being, and pay attention to the market supply.

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View on acetic anhydride price trend on February 7

Acetic anhydride market stabilized on February 7

 

According to the data monitoring of business society, the price of acetic anhydride was temporarily stable on February 7, and the market of acetic anhydride stabilized. On February 7, the price of acetic anhydride was 9375.00 yuan / ton, which was stable compared with 9375.00 yuan / ton before the festival. The price of high-priced acetic anhydride fell, the price of low-priced acetic anhydride was temporarily stable, and the overall acetic anhydride market stabilized.

 

Key points of analysis

 

The price of acetic acid has stabilized, the price of methanol has rebounded and adjusted, the cost of raw materials of acetic anhydride has stabilized, the sales situation of acetic anhydride is general, the downstream is mainly cold and wait-and-see, the purchase of low-cost acetic anhydride is still in demand, the willingness of customers to purchase high-priced acetic anhydride is poor, and the downward pressure of high-priced acetic anhydride is still in place.

 

Future forecast

 

The cost of acetic anhydride has stabilized, the demand is just general, the driving force for the rise of acetic anhydride is insufficient, and the downward pressure of high price acetic anhydride remains. It is expected that the average transaction price of acetic anhydride will be stable temporarily.

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