According to the price monitoring of the business agency, the domestic aggregate MDI market is in a stalemate and volatile situation. As of May 29, the average price of the domestic aggregate MDI market is 12350 yuan / ton, up 7.63% month on month, down 8.52% year on year.

This week, the MDI market was in a stalemate and volatile operation. Discussions were mainly negative, and the future mentality of the industry was different. Kostrong’s guidance price is stable this week without assessing the task volume; the guidance price of Ryanair factory is also stable with limited supply. The main factory continued to release favorable news, not receiving orders. This week coincides with the release of the new moon listing price and settlement price by the supplier manufacturers. Both upstream and downstream trading are cautious.

In terms of raw materials, pure benzene: the price of pure benzene rose this week. Due to the rise of crude oil, the center of gravity of East China pure benzene continued to push up, and the spot negotiation once rose to 3450-3530 yuan / ton. Sinopec raised the price by 150 yuan / ton to 3500 yuan / ton.

Aniline: the aniline Market is stable in the week. From the perspective of raw materials, Sinopec’s listing of pure benzene increased 150 yuan / ton to 3500 yuan / ton, and the bidding price of Jinling pure benzene was the same as that of last week. At present, the cost of aniline is hanging upside down, and the price is difficult to go down. After the restart of Tianji aniline plant, the market supply increased; and MDI factory released goods in the aniline Market, which just needs to be divided in China. Aniline market supply is sufficient, factory shipments are not smooth, high inventory. Under the pressure of high inventory, Jinling reduced the load by half. It is reported that Huatai also has the plan of reducing the negative control inventory, during which the aniline factory generally ships.

Downstream, spandex, at present, the spandex market is weak and stagnant, manufacturers start high, production capacity is not reduced, and shipping pressure is increased. The upstream raw material market is in shock and consolidation. Although pure MDI has an upward trend, it has limited support for spandex cost end. The end customer’s actual demand is not followed up much, and the order is less, so they take the goods as needed. The negotiation and transaction atmosphere is weak, and the overall market outlook atmosphere is strong. On the whole, the fundamentals are lack of substantial positive boost, and it is expected that spandex prices will be mainly weakly adjusted in the short term.

MDI analysts predict that the short-term domestic market price of aggregate MDI may continue to run in a stalemate range; if several suppliers have the same attitude, the market price may continue to be strong; if the suppliers have different business practices, the market price may inevitably decline.

1、 Price trend

This week’s weak domestic ethanol market was sorted out. According to the monitoring of business agency, the domestic ethanol market price at the beginning of the week was 5750 yuan / ton, while the domestic ethanol market price at the weekend was 5775 yuan / ton, up 0.43% in the week. The price rose 3.36% month on month and 9.79% year on year.

2、 Analysis of influencing factors

Product: this week, the domestic alcohol market was reorganized and operated, and some markets were weak. The corn alcohol market in Northeast China is stable, and enterprises wait for the price of raw materials to fall, and the quotation of enterprises remains stable; the alcohol market in East China is stable, and the quotation of individual enterprises is lowered, but the delivery situation is general; the alcohol price in Shandong is partially lowered, and the quotation of individual enterprises is lowered, and the demand is weak; the price of Henan alcohol market is sorted and operated, and the delivery of enterprises is general, and the quotation of individual enterprises is lowered ; Guangxi molasses alcohol market is waiting for operation, molasses alcohol enterprises order shipment, individual enterprises reduce the price; cassava alcohol downstream demand is weak, market negotiation is stable, cassava water free enterprise inventory is not high, price remains high; Guangdong alcohol market is stable or transaction is weak, foreign sources arrive in Guangzhou, downstream demand Weak, the market has low-cost transactions; Anhui alcohol market is reorganized and operated, and enterprise orders are shipped; Yunnan alcohol market has little change, most of Yunnan alcohol production enterprises are shut down, and enterprise shipments are general.

Logistics: this week, the logistics price is stable, the large northeast factories deliver goods in a centralized way and the regional return is less. This week, the freight of Heilongjiang Daqing Shandong Zibo is 350-400 yuan / ton (floating up and down), Anhui Nanchang 250 yuan / ton (floating up and down), Henan Sichuan 500 yuan / ton, Henan Guangdong 500-520 yuan / ton (floating up and down), Guangxi Qinzhou Guangdong Dongguan 220 yuan / ton (floating up and down).

In terms of raw materials, corn: the price of corn in China has stabilized as a whole, the market has a strong wait-and-see mentality, and attention has been paid to the auction of postnatal corn. In the near future, the supply of imported grain in South China has increased significantly, which has restrained domestic corn. The purchasing mentality of downstream feed enterprises has remained cautious, the sales mentality of traders has weakened, and the price has been revised back. Statistics show that China imported 890000 tons of corn in April 2020, an increase of 33.6% year on year.

Ethyl acetate: this week, the domestic market of ethyl acetate was stable. The ethyl acetate plant in jinyimeng, Shandong Province was shut down at the beginning of the week, and the early inventory was mainly digested, which led to the continuous decline in the operating rate of the domestic market of ethyl acetate, which eased the pressure of competition among suppliers. This week, the suppliers mainly made stable price offers. While the downstream for stable ethyl acetate purchase rigid demand, the market is relatively smooth.

3、 Future forecast

The auction price of raw material corn remains high, the price sent to the enterprise is high, the production pressure of the enterprise is high, the inventory of the enterprise is low, the order delivery is continuous, the short-term enterprise will remain high, the price of cassava raw material continues to rise, at present, the raw material of the enterprise to the port is mostly the raw material purchased in the early stage, the price does not reach the ultra-high position, the enterprise maintains normal production, but The traditional demand for tourism has entered the off-season. Business alcohol analysts expect that the short-term domestic ethanol market consolidation operation.

According to the data monitoring of business agency, the domestic br market fell slightly this week (5.25-5.29), with the price at the beginning of the week at 7873 yuan / ton and at the end of the week at 7712 yuan / ton, down 1.59% overall. On May 30, the CIS polybutadiene rubber commodity index was 23.17, which was flat with yesterday, 77.37% lower than 102.40 (2011-09-25), the highest point in the cycle, and 2.48% higher than 22.61, the lowest point on April 7, 2020.

The ex factory price of domestic Shunding rubber petrochemical factory is stable. As of May 29, the ex warehouse price of Daqing Shunding of CNPC Northeast sales company is 7600 yuan / ton. Traders mainly consume inventory, and the offer is slightly reduced by 50-100 yuan / ton.

The price of raw materials fell slightly, while the cost of cis-1,4-polybutadiene rubber was negative. According to the monitoring of the business agency, the price of butadiene was 4301 yuan / ton at the beginning of this week and 4184 yuan / ton at the end of this week, down 2.72% overall.

The petrochemical industry has started steadily, with the operating rate of domestic Shunding rubber and petrochemical plants of 50-60%. According to the monitoring of the business agency, at present, Shunding units such as Yanshan, Qilu, Maoming, Jinzhou, Daqing, Dushanzi, Sichuan, and Lande are operating normally; the early-stage shutdown of Yangzi Petrochemical is being restarted; Huayu, Shengyou and Fuxiang continue to stop.

The operating rate of downstream tire plants has slightly decreased. At present, the operating rate of all steel tire is around 70%, and that of half steel tire is around 60%. The overall demand is weak and stable.

Aftermarket forecast: business analysts believe that at present, on the one hand, the price of raw materials has fallen, on the other hand, the downstream demand has decreased compared with last week, and it is expected that the overall trend of Shunding will be stable and weak in the short term.

1、 Price trend

In May 2020, the domestic market of 1 × 1 tin ingot fluctuated and rose. The average price of domestic market at the beginning of the month was 133637.50 yuan / ton, and at the end of the month was 137912.50 yuan / ton, up 3.2%.

On May 29, the tin commodity index was 70.25, up 0.2 points from yesterday, down 29.93% from the cycle’s highest point of 100.25 (2011-09-05), and up 63.91% from December 09, 2015′s lowest point of 42.86. (Note: cycle refers to 2011-09-01 to now).

2、 Market analysis

In May, the futures market in Lunxi, Shanghai and tin all showed an upward trend, with a relatively small increase in Lunxi. Influenced by the convening of the two sessions and the tight supply of tin ore, the price of hunxi reached the highest point of 134740 yuan / ton on 29th, 8000 yuan / ton higher than that of last month, with a monthly increase of about 6%.

The spot market follows the trend of Shanghai and tin this month. The overall shock was dominant 18 days ago. The short position reduction and long position increase of the main contract of Shanghai and tin on the 19th pushed up the price of Shanghai and tin significantly. The spot market stabilized after following the trend and the price rose sharply. Then, with the impact of the decline of London and lead, Shanghai and tin fell sharply under pressure. The spot market entered the high consolidation period, and the downstream was affected by cost factors Ring, maintain the wait-and-see mentality just need to purchase. There is no demand support, and the spot market is not strong enough. By the end of the month, the mainstream price of the spot market was 136500-138500 yuan / ton, up 3.20% on a monthly basis.

According to the price monitoring of the business agency, in May 2020, there are 17 kinds of commodities rising month on month in the list of commodity prices in the nonferrous sector, including 5 kinds of commodities rising by more than 5%, accounting for 22.7% of the number of commodities monitored in the sector; the top three commodities rising are silver (15.57%), dysprosium oxide (8.68%) and dysprosium ferroalloy (7.04%). There are five kinds of commodities with a decline in the month on month ratio, and the top three products are praseodymium oxide (- 3.28%), antimony (- 2.69%) and titanium concentrate (- 1.69%). This month’s average was up or down 2.6%.

The business club predicted that the favorable policy impact brought by the closing of the two sessions will further affect the metal market. On the 29th, some metal prices rebounded, and the domestic industry will gradually enter the right track. The overall market environment will be better later. At present, the spot tin market demand is relatively weak, the market trading atmosphere is limited, the early traders are still afraid of high mentality, and the overall need to purchase is the main factor. In June, the market It will continue the trend of the 29th, and there is still room for upside in the medium and long term of the 07 and 08 contracts. It is expected that the spot market will be dominated by short-term high volatility, with a small increase space.

Relevant data:

China’s refined tin production fell in April due to a shortage of concentrate supply: China’s refined tin production fell 10.7% in April from last month due to insufficient tin concentrate imports and a reduction in production at a smelter in Southwest China, Antaike said on May 7. More than 90% of China’s tin concentrate imports are dependent on neighboring Myanmar, which has been short of workers during the outbreak.

Indonesia’s refined tin exports in April decreased by 28% year on year: according to data released by the Ministry of trade on May 8, Indonesia exported 4220.59 tons of refined tin in April, 28% less than 5868.32 tons in the same period of last year, and 7% less than 4539.19 tons in March. Indonesia is the world’s largest exporter of refined tin..

WBMs: from January to March 2020, there will be a supply shortage of 7100 tons in the global tin Market: according to the monthly report released by the world Bureau of Metal Statistics (WBMs) on May 20, there will be a supply shortage of 7100 tons in the global tin market from January to March 2020. The reportable inventory is 91 thousand tons less than that at the end of 2019. From January to March 2020, the reportable output of refined tin in the world decreased by 11000 tons year on year. Production in Asia fell by 11500 tons. China’s apparent demand is down 17% from the same period last year. From January to March 2020, the global tin demand is 83200 tons, a decrease of 8.7% over the same period of last year. Japan’s consumption was 5800 tons, down 18% from the same period last year. In March 2020, the global refined tin production is 24200 tons, and the consumption is 30700 tons.

1、 Price data:

According to the data monitoring of the business club’s bulk list, the domestic bromine market fell in May. The average price in Shandong at the beginning of the month was about 30111 yuan / ton, and the average price at the end of the month was about 29777 yuan / ton, down 1.11% in the month, down 14.92% compared with the same period last year.

2、 Cause analysis

Products: in May, the domestic bromine market fell steadily, the production facilities of enterprises were stable, the overall inventory of the industry was acceptable, a small part of enterprises in Shandong fell in load, and the production of enterprises in North China Sea Water bromine production was reduced, but the overall supply of the market was not substantially affected, and the trend of supply exceeding demand in the industry still exists. At present, the quotation of mainstream bromine enterprises is about 29000-30000 yuan / ton.

Industry chain: the upstream market of bromine was mixed in May. The sulfuric acid market is affected by poor demand, and still shows a weak trend in the month. Although some enterprises reduce production, it has little impact on the market, with an overall decline of 7.09% in the month. Due to the high-level shock in the liquid chlorine market, the recent start-up of units in North China is gradually improved, and the market supply is expected to increase, which has a certain negative impact on the liquid chlorine market. At present, the market price is 600-800 yuan / ton; the sulfur market is stable in the month In the upward direction, the port sulfur price rose, but the market transaction was flat, and the cargo holders in the port followed the market. The quotation of domestic refineries slightly increased, with an overall increase of 2.55%; the market atmosphere of soda ash was flat, and the transaction was ordinary, and the overall pressure of enterprise inventory was still large, and the consumption process was 10.05% lower in the month. The overall operating rate of the main downstream flame retardant market of bromine is less than 50%, the buying atmosphere in the industry is general, the demand for bromine is poor, the starting of pharmaceutical and pesticide intermediates and other industries is flat, and the overall rigid demand is soft.

3、 Future forecast

According to the bromine industry analysts of business association, at present, domestic bromine enterprises have started stably and the spot market supply is sufficient, but the downstream market demand has not improved. In addition, the imported bromine quantity is still at a high level, and the contradiction between supply and demand in the industry is gradually obvious, and it is expected that the domestic bromine market will be stable and soft in a short period of time.

1、 Price trend

According to the data of the commodity list of business association, the average price of formaldehyde in Shandong Province on May 1 was 873.33 yuan / ton, and on May 27, the average price of formaldehyde in Shandong Province was 880.00 yuan / ton, an increase of 0.76%. The lowest price was 863.33 yuan / ton on May 6, and the current price was 25.63% lower than that of last year.

2、 Market analysis

In May, the price of formaldehyde in the domestic market fluctuated in a narrow range. As of May 27, the quotation of mainstream manufacturers in Hebei was about 740 yuan / ton, that of mainstream manufacturers in Shandong was 815 yuan / ton, and that of mainstream manufacturers in Jiangsu was 1075 yuan / ton. The annual output of 120000 tons formaldehyde plant in Linyi Yinhe, Shandong Province has been restarted, with the formaldehyde content of 36.7-37%. In May, the average price of formaldehyde in Shandong hovered in the range of 850-880 yuan / ton. The start-up of formaldehyde enterprises was basically stable, the supply of goods in the market was relatively sufficient, the trading atmosphere in the market was general, formaldehyde manufacturers actively shipped, and the market fluctuated in a narrow range.

Upstream methanol situation: some upstream enterprises in Shaanxi, Mongolia and other parts of Northwest China cut their selling prices to 1300-1330 yuan / ton, some of which were closed, the two sessions were held, the freight was high, the traders operated cautiously, and the methanol price fell. Throughout may, methanol market fell in a weak position, unable to provide formaldehyde cost support, the downstream terminal demand is limited, formaldehyde enterprises are actively moving goods, formaldehyde enterprise quotation is affected by poor raw material market, and the market is narrow and volatile.

3、 Future forecast

Recently, the upstream methanol price has been mainly volatile and consolidated, with general cost support and fair trading atmosphere. Therefore, the formaldehyde analyst of the chemical branch of the business society predicted that the domestic formaldehyde price might be weak and stable in the near future.

1、 Acrylic price trend:

(Figure: P value curve of acrylic acid product)

2、 Market analysis:

According to the monitoring data of the business agency, the acrylic acid Market on May and 26th was mainly stable. The price of raw propylene has declined, but the cost pressure still exists. Some major producers stop for maintenance and purchase on demand in the downstream. The operation enthusiasm is average, and the market is mainly stable. As of the 26th, the average price of acrylic acid enterprises was 8533.33 yuan / ton, which was flat compared with yesterday and increased by 15.32% compared with May 6.

As of May 25, the market price of the upstream propylene in Shandong region has declined. Last month, the price of propylene in Shandong Province rose sharply and fell sharply, and then it held steady again, and the market was stable. During the May 1st period, the price of propylene slightly increased by about 50 yuan / ton. On the 6th day, the price increased by 100 yuan / ton again. On the 7th, 8th and 9th day, the price increased by 50 yuan / ton continuously. On the 10th day, some enterprises continued to increase by 50 yuan / ton. On the 11th day, the price increased by 50 yuan / ton again. On the 12th day, it increased by 100-200 yuan / ton obviously. On the 13th day, it continued to increase by 100-200 yuan / ton. On the 14th day, it increased by 50-100 yuan / ton again. On the 15th day, it still increased by 50-100 yuan / ton on weekends The upward trend remained unchanged until the 22nd day. The daily upward trend was 50-100 yuan / ton, and finally began to stabilize on the 22nd day. The weekend price dropped slightly. On the 25th, the price of propylene fell again by 50-150 yuan / ton. The market turnover was between 6780-7000 yuan / ton, and the mainstream price was between 6800-6850 yuan / ton.

According to the price monitoring of business agency, on May 25, 2020, there are 13 kinds of commodities in the list of rise and fall of bulk commodity prices in the chemical industry sector, including 1 kind of commodity with an increase of more than 5%, accounting for 1.1% of the number of commodities monitored in the sector; the top three commodities are ethylene (7.25%), epoxy ethane (4.48%) and chloroform (2.17%). There are 18 kinds of commodities falling on a month on month basis, and 1 kind of commodities falling by more than 5%, accounting for 1.1% of the number of commodities monitored in the sector; the top three products falling were R22 (- 6.45%), R134a (- 4.69%), and hydrogen peroxide (- 3.32%). The average price of this day was – 0.09%.

3、 Future forecast:

Analysts of acrylic acid of the business club believe that in the short term, the market of acrylic acid is expected to be mainly stable, and more attention should be paid to the change of raw material price and the transaction situation in the mainstream market.

On Thursday, May 21, WTI crude oil futures market in the United States rose, with the settlement price of major contracts rising by $0.43 to $33.92/barrel. Brent crude oil futures market rose, with the settlement price of main contracts at US $36.06/barrel, or US $0.41. This is also the sixth day for crude oil to continue to rebound, and WTI has reached a high since March 10. The main reason is that the reduction of production has suppressed the contradiction between supply and demand in the oil market under the pressure of the epidemic.

Since the historic agreement was reached, OPEC + has officially put into production reduction process since May, and OPEC + member countries led by Saudi Arabia and Russia have implemented large-scale production reduction. According to the agreement, the share of production reduction from May to June 2020 is 9.7 million barrels / day. And some production countries led by Saudi Arabia have also committed to further deepen the production reduction from June. Saudi Arabia said that in June, it will unilaterally reduce production by an additional 1 million barrels / day. In addition, Kuwait and the United Arab Emirates will also reduce production by an additional 80000 barrels / day and 100000 barrels / day in June. OPEC crude oil production is expected to fall below 20 million barrels / day by June. In addition, as far as the recent market news is concerned, Russia is also actively cooperating with the production reduction as soon as it changes its previous negative attitude towards production reduction. According to the source, Russia is close to completing the quota in the new round of production reduction. That is to say, Russia promised to cut its daily production from the benchmark in February to 8.5 million barrels in May June, with a reduction of 2 million barrels / day. Therefore, it can be inferred that the OPEC + oil production alliance led by Saudi Arabia and Russia may cut production more than the previously set volume of 9.7 million barrels / day in May, which largely eased the pressure on the supply side of the market.

In addition, in addition to OPEC + implementing a substantial reduction in production in accordance with the production reduction agreement, the production of shale oil in the United States is also declining, except that the former is active while the latter is passive. Due to the low oil price hitting the shale oil industry in the United States, many oil companies also fell one after another. According to bankruptcy Data shows that by the end of April, in addition to whiting oil, a well-known US shale oil company that had previously filed for bankruptcy, at least five large oil and gas companies had fallen in less than a month, and even more seriously, shale oil investment had fallen to the freezing point. According to the Houston Chronicle, the number of rigs in the United States is now 62% lower than a year ago, and the number of active rigs is now equivalent to 10 Years ago (2009). U.S. crude oil production also fell sharply. Data show that on March 13, US crude oil production was 13.1 million barrels / day, and as of May 8, US crude oil production fell by 1.5 million barrels / day to 11.6 million barrels / day, and IHS Markit expects us oil producers to suspend production of 1.75 million barrels / day by June. Shale oil production in the United States is also declining at a rate visible to the naked eye.

Moreover, the depletion of oil reserves is easing, with US crude oil inventories (excluding strategic oil reserves) falling by 4.982 million barrels in the week ending May 15, according to the EIA. This is also the last 16 weeks, the United States crude oil inventory for two consecutive weeks decreased. In addition, the inventory of Cushing crude oil also decreased significantly. In the week of May 15, the inventory of Cushing crude oil decreased by 5.587 million barrels. The inventory of Cushing crude oil also decreased for the second consecutive week in nearly 10 weeks. The reduction of production and the decline of crude oil inventory have greatly eased the worries about accumulation of crude oil.

From the demand side, although the current overseas epidemic situation is still severe, and the number of confirmed cases in some countries is still high, more and more countries restart the economy, so the demand is gradually improving, especially when the United States enters the summer driving season, the demand for crude oil will also increase to a certain extent. On the Chinese side, the resumption of work and production is ideal, and schools are also resuming classes one after another. At present, the epidemic has entered the “end”, the demand for crude oil continues to pick up, and the gradual improvement of the demand side also helps the oil price rebound. According to the business community, the oil price is still at a relatively low level in history. The recent continuous rebound is due to the easing of the contradiction between supply and demand of crude oil. However, the current market demand is still weak and in the process of gradual recovery. Moreover, the overseas epidemic is still serious, which is also the biggest risk factor. Therefore, in the short term, the oil price will continue to fluctuate. Supply and demand will also seek rebalancing in the context of the epidemic. In the long run, with the end of the epidemic, the demand will be greatly increased, the oil market will regain confidence, and the oil price is expected to continue to rise.

1、 Price trend

On May 21, the coke commodity index was 84.69, unchanged from yesterday, down 37.29% from 135.04 (2018-09-13), the highest point in the cycle, and up 144.42% from 34.65, the lowest point on March 3, 2016. (Note: cycle refers to 2011-09-01 to now).

2、 Trend analysis

Price: according to the data monitoring of business agency, the price of domestic coke market is stable this week. As of Friday, the mainstream price of secondary metallurgical coke in Shanghai was 1780 yuan / ton, and the mainstream price of quasi primary metallurgical coke was 1840 yuan / ton; the mainstream price of secondary metallurgical coke in Xuzhou was 1750 yuan / ton, and the mainstream price of quasi primary metallurgical coke was 1810 yuan / ton; the mainstream price of secondary metallurgical coke in Weifang, Shandong Province was 1740 yuan / ton, and the mainstream price of quasi primary metallurgical coke was 1800 yuan / ton; the mainstream price of secondary metallurgical coke in Taiyuan, Shanxi Province was 1640 yuan / ton, and the mainstream price of quasi primary metallurgical coke was 1810 yuan / ton The mainstream price of primary metallurgical coke is 1690 yuan / ton; the mainstream price of secondary metallurgical coke in Mudanjiang, Heilongjiang is 1680 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1740 yuan / ton; the mainstream price of secondary metallurgical coke in Shenyang, Liaoning is 1710 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1770 yuan / ton; the mainstream price of secondary metallurgical coke in Pingdingshan, Henan is 1740 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1840 yuan / ton; Hebei Province The mainstream price of Tangshan secondary metallurgical coke is 1730 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1780 yuan / ton; the mainstream price of Tianjin secondary metallurgical coke is 1750 yuan / ton, and the mainstream price of quasi primary metallurgical coke is 1850 yuan / ton; the mainstream price of secondary metallurgical coke in Panzhihua coke market in Sichuan is 1780 yuan / ton; the mainstream price of secondary metallurgical coke in Liupanshui coke market in Guizhou is 1920 yuan / ton; the mainstream price of Ordos coke market The main price of secondary metallurgical coke is 1400 yuan / ton. Port trade (both of which are acceptance and closing price including tax) is about 2000 yuan / ton for the first grade metallurgical coke, 1900 yuan / ton for the quasi first grade metallurgical coke and 1800 yuan / ton for the second grade metallurgical coke.

Product: Rizhao Iron and steel raised the purchase price by 50 yuan / ton again on 19th of this week, which opened the second round of price increase in this month. In addition to the reduction of coke enterprises in Shandong and Shanxi due to their own factors, the profits of coke enterprises in other regions were fair and the operating rate was positive. Affected by the pressure relief task, most coke enterprises in Shandong Province have limited production by about 30-50%, and the rest are planning to limit production, which has a certain impact on the later supply. In addition to Yuncheng and Xiaoyi areas in Shanxi Province, affected by production restriction and environmental protection, the supply decreased. The rest of the areas started work temporarily, with good sales and low inventory. As of Friday, the quasi first-class wet quenching coke in Shanxi Province reported about 1600-1700 yuan / ton. In terms of demand, the start-up of downstream steel plants has increased slightly recently, and the demand for coke has increased slightly. In terms of port operation, the price is stable and the transaction is limited. The price of quasi first-class coke is mostly about 1770-1780 yuan / ton, so traders are cautious.

3、 Future forecast

In the future, the business community thinks that the current demand for coke market is acceptable, and the limited production of coke enterprises in some regions has a certain positive support for the market. The rigid demand of downstream steel plants is increased, and it is expected that the coke market will still operate stably, moderately and strongly in the short term.

1. Trade name: silicon metal (441 #)

2. Latest price (May 7, 2020): 11058.33 yuan / ton

The price of 441 × silicon in each region is as follows:

The price range of metal silicon in Fujian area is 10600-10700 yuan / ton, that in Sichuan area is 10900-11000 yuan / ton, that in Kunming area is 10800-10900 yuan / ton, that in Shanghai area is 11500-11700 yuan / ton, that in Tianjin port is 11100-11200 yuan / ton, that in Huangpu port is 11100-11200 yuan / ton 。

3. Analysis points:

There is no significant increase in the production of silicon in Southwest China. Due to the influence of cost factors, the enthusiasm of silicon plants in Yunnan is not high at present. On the demand side, overseas demand slowed down, import and export trade was light, and domestic consumption gradually recovered. In the near future, the manufacturers have strong willingness to hold a firm price, and the downstream purchase is mainly on demand.

4. Future forecast: at present, there is not much trading and short-term stable operation of silicon metal.