Price Trend

According to the monitoring data of business associations, as of September 11, the phosphate ore market has continued to operate steadily. The average price of 30% grade phosphate ore in China is near 416 yuan per ton, which is the same as that of September 1.

II. Market Analysis

Products: Recently, the phosphorus ore market has not fluctuated and operated smoothly. The overall market turnover is light. A small number of downstream purchases are made. Enterprises are mainly engaged in reducing production and guaranteeing prices. Some enterprises plan to stop production and marketing stocks at the end of the month in order to celebrate the 70th anniversary. At present, 30% of the phosphorus ore in Hubei is exported at a price of 460-490 yuan/ton. The ex-factory quotation of 30% phosphorus ore in Liushugou, Hubei Province remained stable, with a quotation of 470 yuan/ton, which was the same as that on September 1. About 330-430 yuan/ton for 30% phosphate ore in Guizhou, 300-320 yuan/ton for 28% phosphate ore in Guizhou, 140-170 yuan/ton for 22% phosphate ore in Guizhou, and 530 yuan/ton for 30% phosphate ore in Hebei.

Industry chain: Yellow phosphorus market quotation high, downstream wait-and-see, temporary market stalemate consolidation, on-site spot supply continues to be tight, the new unit price of enterprises is mainly high, the current Yunnan region reference pre-acceptance transaction price is 17500-17700 yuan/ton. Phosphoric acid market transaction focus has been rising, on-site delivery is relatively light, and some suppliers’quotations have been increased sporadically, which continues to be supported by cost.

3. Future Market Forecast

Business societies data analysts believe that in the coming late September, the overall phosphorus ore market is expected to continue to maintain a stable operation, not excluding the possibility that the subsequent decline in production will lead to a small rise in market prices.

Price Trend

According to data monitoring of business associations, as of September 10, the average price of n-butanol in mainstream areas was 6833.33 yuan/ton (including tax). The price of n-butanol in mainstream areas was 133.33 yuan/ton (including tax) higher than last Monday (September 2), up by 1.99%. At present, the mainstream price range of n-butanol in China is 6700-7200 yuan/ton.

II. Market Analysis

Products: Since the beginning of September, the domestic n-butanol market has been in a steady, small and medium-sized upward trend. Mainstream market quotation of n-butanol is mainly stable. The quotation of individual manufacturers in Shandong has increased, and downstream users have just needed to purchase. Mainstream factories of n-butanol have maintenance plans this month, and the stock level of mainstream factories is low, which has played a supporting role in the overall price rise of n-butanol. In addition, the first-class market sales have steadily supported the high-level operation of market offer, and the upstream propylene price has increased slightly, which has also led to the strong market of n-butanol in recent days. Organize the status. On September 10, Wanhua Chemistry’s latest n-butanol quotation rose slightly. The North China region’s ex-factory quotation was 6900 yuan/ton, up 100 yuan/ton from September 2, the East China region’s ex-factory quotation was 7100 yuan/ton, up 50 yuan/ton from September 2, and the South China region’s ex-factory quotation was 7200 yuan/ton, up 100 yuan/ton from September 2.

Industry chain: The recent market price of propylene, the upstream product of n-butanol, has remained stable. In some areas, it has increased slightly. The price of propylene enterprises in Shandong increased by 50-100 yuan/ton on September 1 and 2, after stabilizing on September 1. Only some enterprises have increased slightly on March 5, and all of them have been stabilizing in the near future. At present, the market turnover is about 7650-7750 yuan/ton, and the mainstream price is about 7,650 yuan/ton. The price is about 7650 yuan/ton. Propylene stocks in Shandong are still low and supply is tight. With the rise of crude oil prices, the main propylene downstream manufacturers gradually recovered, and the market showed a good performance. The demand side of butyl ester downstream of n-butanol is good, and the market is stable as a whole. Maintaining the purchase of raw materials is the main demand.

3. Future Market Forecast

Business societies data analysts believe that in the near future, the domestic n-butanol market is expected to continue to be in a high level of consolidation operation, and the specific trend is also closely related to the upstream and downstream as well as the supply and demand level.

I. Trend analysis

According to the monitoring of nickel prices by business associations, nickel prices fell slightly on September 9, and are now quoted at 140583.33 yuan/ton, down 0.61% from the previous trading day, up 57.06% from the beginning of the year and up 32.7% from the previous year.

II. Market Analysis

Since the beginning of July, because of the earthquake in Indonesia, it has been rumored that the implementation of the ban has caused the price of nickel to soar by nearly 60%. At present, the expectation of shortage of supply still strongly supports nickel price, but the recent price increase of downstream stainless steel is relatively weak. Stainless steel stocks continued to rise last week and remained at a historic high, indicating that the current inventory digestion is slow and downstream demand is still weak, which limits the price of nickel to continue to soar sharply.

3. Prospects for the Future Market

Future market forecast: Nickel prices are mainly high and weak shocks because of the rapid rise in the early period, but due to the shortage of nickel supply and the closure of nickel mines in the Philippines, they are still optimistic in the medium and long term. Nickel prices are expected to remain high in the short term, pending the release of good news, or have a further upward trend.

Price Trend

According to the monitoring data of business associations, the domestic R22 factory price fell slightly this week. As of the end of the week (06th), the price was 16333.33 yuan/ton, which was 16666.67 yuan/ton compared with the beginning of the week (02 days). The price fell by 2% in the week, 11.71% compared with the same period last year.

According to a large number of data monitored by business associations, the domestic R 134a factory price fell slightly this week. The price at the end of the week (06) was 27,000 yuan/ton, which was 27,333.33 yuan/ton compared with the price at the beginning of the week (02), a drop of 1.22% in the week, and a drop of 7.95% compared with the same period last year.

II. Market Analysis

Products: Domestic refrigerant R22 market shocks down, from the point of view of market supply, refrigerant R22 market continues to be weak, manufacturers’production devices reduce start-up load, market supply capacity has declined, inventory pressure has been buffered; demand, downstream air-conditioning manufacturers maintenance, demand has only decreased but not increased, according to business data. The market price maintained around 14000-17000 yuan/ton. The domestic market price of R134a has declined, the start-up rate of production enterprises has remained low, the market demand for refrigerants has decreased, and manufacturers mainly export their products. However, on-site transaction prices continue to fall, businesses purchase on demand, no intention of hoarding. According to the business association data, the market price maintained around 24,000-28,000 yuan/ton.

Industry chain: The price trend of anhydrous hydrofluoric acid in upstream products has been declining continuously. In recent years, the market of hydrofluoric acid in the north market is still in a low level. The plant has maintained a relatively high start-up rate. Domestic spot supply is sufficient. Some manufacturers have continuously lowered the price of hydrofluoric acid. By the end of the weekend, the mainstream of hydrofluoric acid negotiations in the south is 9500-10000 yuan/ton. 9500-10000 yuan/ton. The upstream product domestic trichloromethane market overall spot downward, market negotiation enthusiasm is weak, wait-and-see atmosphere is strong, basic on-demand procurement.

3. Future Market Forecast

Business Cooperative Refrigerant Analysts believe that: at present refrigerant manufacturers start at a low level, in order to sell fixed production, the decline in raw material prices is not conducive to the support of refrigerants, refrigerants forecast there is still room for decline in the future.

Price Trend

According to the data of the business associations’list, the domestic PA66 market fell weakly in the first week of September, and the price fell. As of September 5, the average price of viscous injection grade mainstream offer in PA66 was around 24000 yuan/ton, which was 1.44% lower than that at the beginning of the month.

Analysis of influencing factors:

PA66 upstream adipic acid Market Monthly market climate is slightly rigid, the performance of the market is weak, trading in general. At the beginning of this month, the domestic adipic acid continued its trend in August, with the main market stalemate. Trade businessmen are cautious in their minds, with small orders and deadlocked negotiations. The supply of the market is stable, which partly reflects the abundant and excessive supply. There are signs of improvement in downstream demand, but the wait-and-see mentality is still heavy, mainly buying on demand. There is still some pressure on social inventories, and shipment strength has slightly declined. It is expected that adipic acid market will continue to maintain a narrow adjustment pattern in the short term, which will not support the cost side of PA66 well. Spot supply of PA66 market is abundant in early September, and the contradiction between supply and demand still exists under this year’s “Gold, Nine, Silver and Ten”. Downstream factories just need to take delivery, demand has not improved and continued to weaken. Market buy gas is insufficient, business people have a heavy wait-and-see mentality, and most of the transactions are flexible and detailed. The market is in a difficult position, with PA66 still weakening narrowly in the first week of September.

Future forecast:

Business analysts believe that the domestic PA66 market weakened in early September. Upstream adipic acid continued to stalemate, weakening the market, the cost of PA66 support is not good. At present, the spot supply is abundant in the field, and the enthusiasm of downstream stock is not high, so the strategy of just taking goods is adopted. The market is short of buying gas, the traders are passive and wait-and-see, and the transactions are many facts and detailed. It is expected that PA66 will continue its disadvantaged consolidation in the near future.

On September 4, the hydrofluoric acid commodity index was 94.10, which was the same as yesterday. It was 32.99% lower than the peak of 140.43 points in the cycle (2018-02-21), and 75.59% higher than the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date).

According to statistics, the price trend of domestic hydrofluoric acid market has declined. Up to now, the domestic market price of hydrofluoric acid is 10 370 yuan/ton, and the starting rate of domestic hydrofluoric acid is less than 60%. Enterprises reflect that there is sufficient supply of hydrofluoric acid spot supply in the field. Recently, the hydrofluoric acid market is not moving. As the downstream demand is not improving, some hydrofluoric acid is not available. Manufacturers continue to reduce prices, hydrofluoric acid market prices continue to fall. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 9500-10000 yuan/ton, while the price of hydrofluoric acid in the northern market is 9500-10000 yuan/ton. Domestic hydrofluoric acid market prices continue to decline, spot supply is sufficient, but the demand situation is poor, hydrofluoric acid market is weak.

Upstream fluorite price shocks, up to 4 days fluorite price is 2981.25 yuan/ton, upstream raw material price low to the hydrofluoric acid market has a negative impact, the hydrofluoric acid market price is affected by the lower price of raw material fluorite decline. Recent downstream refrigerant market trading market is general, domestic refrigerant R22 market shocks down, from the market supply point of view, refrigerant R22 market continues to be weak, manufacturers reduce the start-up load, market supply capacity has decreased, inventory pressure has been buffered. On the demand side, the downstream air conditioning manufacturers’overhaul, the demand has only decreased but not increased, and the price of domestic large enterprises has dropped to 14,000-15,000 yuan per ton. The domestic market price of R134a has declined, the start-up rate of production enterprises has remained low, the market demand for refrigerants has decreased, and manufacturers mainly export their products. However, on-site transaction prices continue to decline, merchants purchase on demand, the end of the peak season, downstream terminal demand only declined, hydrofluoric acid market prices declined. However, on-site transaction prices are lower, merchants purchase on demand. Recently, due to the normal supply of goods and poor downstream demand, the price trend of hydrofluoric acid market continues to decline.

Refrigerant field turnover is poor, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is limited, hydrofluoric acid spot supply is sufficient, Business Analyst Chen Ling believes that the hydrofluoric acid market may continue to decline.

On September 3, the hydrofluoric acid commodity index was 94.10, down 1.45 points from yesterday, down 32.99% from the peak of 140.43 points in the cycle (2018-02-21), and up 75.59% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date).

According to statistics, the price trend of domestic hydrofluoric acid market continues to decline, up to the present domestic market price of hydrofluoric acid is 10 370 yuan/ton, the domestic hydrofluoric acid start-up rate is less than 60%, enterprises reflect that the current on-site supply of hydrofluoric acid is sufficient, the recent on-site hydrofluoric acid is not moving, due to the downstream demand is not improving, some hydrofluoric acid Manufacturers continue to reduce prices, hydrofluoric acid market prices continue to fall. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 9500-10000 yuan/ton, while the price of hydrofluoric acid in the northern market is 9500-10000 yuan/ton. Domestic hydrofluoric acid market prices continue to decline, spot supply is sufficient, but the demand situation is poor, hydrofluoric acid market prices continue to decline.

The price of fluorite in the upstream slightly declined. The price of fluorite in the upstream was 2981.25 yuan per ton as of the 3rd day. The low price of raw materials in the upstream had a negative impact on the hydrofluoric acid market. The price of hydrofluoric acid market was affected by the lower price of raw materials fluorite. Recent downstream refrigerant market trading market is general, domestic refrigerant R22 market shocks down, from the market supply point of view, refrigerant R22 market continues to be weak, manufacturers reduce the start-up load, market supply capacity has decreased, inventory pressure has been buffered. On the demand side, the downstream air conditioning manufacturers’overhaul, the demand has only decreased but not increased, and the price of domestic large enterprises has dropped to 14,000-15,000 yuan per ton. The domestic market price of R134a has declined, the start-up rate of production enterprises has remained low, the market demand for refrigerants has decreased, and manufacturers mainly export their products. However, on-site transaction prices continue to decline, merchants purchase on demand, the end of the peak season, downstream terminal demand only declined, hydrofluoric acid market prices declined. However, on-site transaction prices are lower, merchants purchase on demand. Recently, due to the normal supply of goods and poor downstream demand, the price trend of hydrofluoric acid market continues to decline.

Refrigerant field turnover is poor, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is limited, hydrofluoric acid spot supply is sufficient, Business Analyst Chen Ling believes that the hydrofluoric acid market may continue to decline.

On September 2, the rare earth index was 375 points, up 1 point from yesterday, down 62.50% from the cyclical peak of 1000 points (2011-12-06), and up 38.38% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).

The average price of Neodymium in rare earth metals increased by 3500 yuan/ton from 415,000 yuan/ton; dysprosium metal was 2.3 million yuan/ton; and praseodymium metal was 695,000 yuan/ton. The average price of praseodymium and neodymium oxide in rare earth oxides increased by 3500 yuan/ton to 321,000 yuan/ton; dysprosium oxide price was 191,000 yuan/ton; praseodymium oxide price was 382,500 yuan/ton; and neodymium oxide price was increased by 3500 yuan/ton to 323,000 yuan/ton. The price of praseodymium and neodymium alloys in rare earth alloys increased by 3500 yuan/ton to 415,000 yuan/ton, while the average price of dysprosium-iron alloys was 191,000 yuan/ton.

Recently, the price of heavy rare earth in the rare earth market has been temporarily stable, but the price of light rare earth market has risen slightly. The domestic rare earth market has generally traded. The price of dysprosium-terbium metal oxides has remained volatile. In the near future, the inquiry orders for praseodymium oxide and neodymium oxide have increased, and the price of light rare earth oxides has maintained a rising trend. Xu, bullish future market, recent on-site transactions in general. The supply of rare earth is normal in China. The price fluctuation of rare earth market is related to the national environmental protection supervision. Rare earth production has its particularity, especially the radiation hazards of some products, which make the environmental protection supervision stricter. Under stringent environmental protection inspection, rare earth separation enterprises in many provinces have stopped production, resulting in a general market input of rare earth oxides, especially some mainstream rare earth oxides, with normal supply and stable price trend in the rare earth market. Recently, large enterprise groups in the field are reluctant to sell. The market of rare earth oxides is general, but for products. Pricing major manufacturers are also cautious.

Recently, the national environmental protection department has made great efforts to investigate the rare earth industry, which has a great impact on the rare earth industry. The starting situation of the rare earth industry is relatively low, and the market is cold. In addition, the recent rectification of the rare earth industry in Jiangxi Province, a major province of rare earth production, has brought some favorable support to the rare earth market. Recently, the Development and Reform Commission and the relevant departments have stepped up effective measures to regulate the industry, innovate and improve the relevant management mechanism, accelerate the construction of a rational industrial structure, advanced scientific and technological level, effective protection of resources, orderly production and operation of the industry development pattern, and give full play to the special price of rare earth as a strategic resource. Meanwhile, the supply of raw ore resources in the upstream of the rare earth industry has shrunk, and people in the domestic market are waiting for the good news of the policy and national reserves.

Rare earth analysts from business associations expect that the domestic environmental protection inspection will not decrease in the near future. In addition, the domestic order of the rare earth industry will be rectified, and the supply of rare earth industry in Jiangxi will be normal. However, the demand for rare earth downstream will be supported in the near future. Some prices in the rare earth market are expected to rise.

Price Trend

Zinc prices continued to tumble in August, but the decline slowed down, according to data monitoring from business associations. As of August 30, the price of zinc was 19026.67 yuan/ton, down 2.73% from 19560.00 yuan/ton at the beginning of the month, and 12.53% from the same period last year.

II. Market Trend Analysis

According to the statistics of business associations, the performance of zinc market in August was not good, the decline of zinc price continued in the early period, but the decline slowed down, and the pressure of zinc market fell slowly, but the momentum of increase was insufficient. It is expected that the small fluctuation of zinc market in the future will be the main reason.

In July 2019, the domestic zinc production rose sharply, and the domestic zinc production increased sharply. The insufficient supply in the domestic zinc market gradually turned to excess supply. As of July 2019, zinc production has increased by 6.1%. Oversupply of zinc is evident in Zinc City. Zinc prices in the future are not optimistic.

High zinc processing cost

According to statistics, on August 30, the processing fee of refined zinc in China was between 6050 and 6600 yuan/ton. In 2019, the processing fee of zinc was obviously higher, which stimulated zinc smelting enterprises to increase start-up, increased supply of zinc production, and increased the risk of excess supply in the future.

Downstream demand

Data from the National Bureau of Statistics show that real estate investment, sales, funds and other data show a downward trend from January to July. The investment in real estate development increased by 10.6% year on year, and the growth rate dropped by 0.3 percentage points compared with the first half of the year; the new housing construction area of real estate development enterprises increased by 9.5% and the growth rate dropped by 0.6 percentage points; the capital in place of real estate development enterprises increased by 7.0%, and the growth rate fell by 0.2 percentage points; the sales area of commercial housing was 887.83 million square meters, down by 1.6 percentage points over the same period of last year. 3%; the area for sale of commercial housing is 498.76 million square meters, which is 2.86 million square meters less than that at the end of June, down 8.4% from the same period last year; the area for sale has been reduced for seven consecutive months, with the area for sale falling 500 million square meters for the first time in six years. The overall decline in real estate data, the demand for non-ferrous metals has declined significantly, and the demand for zinc has declined. In July, car sales fell by 2.6%, showing a drop from a positive growth of 17.2% to a decline of 2.6%. Because of the change of emission standards in June, many manufacturers and distributors took many promotional activities in June, which led to a 17.2% increase in automobile sales in that month. The automobile consumption in the future was overdrawn by the consumption front, and the demand for zinc in the automobile industry declined.

In August, zinc stocks in Shanghai futures market fell sharply. Especially since late August, zinc stocks have declined sharply. The decline in inventory and the decrease in supply have provided some basic support for the future revival of zinc prices. Traders’data show that the activity of Zinc has declined sharply since mid-August, while it has rebounded since late August, but the overall activity of Zinc is general, and Zinc’s expectation of zinc price rise is low.

3. Prospects for the Future Market

Business analyst Bai Jiaxin believes: stimulated by the high processing cost of zinc concentrate, domestic zinc production has increased month by month, and zinc market has gradually changed from short supply to over demand; on the downstream demand side, the trend of real estate in the third quarter is down, which is bad for zinc market, the automobile industry has not seen a bad year by year, and the demand for zinc market is declining year by year. Overall demand for zinc is bearish. Although the zinc stock in Shanghai futures market declined in August and the supply of zinc declined, which is good for the zinc market, we can see from the transaction activity that the market is still not optimistic about the rise of zinc market, but because of the consideration of zinc ingot cost and profit, zinc price has little room to fall. In summary, the supply of zinc in the future is growing steadily, the demand of zinc is not good, the driving force of zinc price rise in the future is insufficient, the pressure of decline is weakened, and the price of zinc in the future is expected to decline slightly, but there is no upward trend in zinc market in the near future.

Price Trend

The average price of propylene oxide as of Aug. 29 was 10,200 yuan/ton, which was the same as that of Aug. 28. The market was stable for the time being, up 3.73% compared with Aug. 1. Nowadays, the mainstream price of propylene oxide in China is 10000-10500 yuan/ton.

II. Analysis of Influencing Factors

Product: Today’s propylene oxide Market is stable. Propylene oxide manufacturer inventory controllable, downstream on-demand procurement, stable market transactions. The cash delivery price of Wanhua Chemistry Shandong Mainstream Market was 10,200 yuan/ton on the 29th, while that of East China Mainstream Market was 10,500 yuan/ton. At present, the mainstream quotation of propylene oxide Market in East China is around 10,200 yuan/ton, which is remitted to Shandong; the mainstream quotation of propylene oxide Market in Shandong is around 9,950 yuan/ton, which is remitted to factories; and the mainstream quotation of propylene oxide Market in North China is around 9,800 yuan/ton, which is remitted to factories.

Industry chain: The market price of upstream propylene in Shandong Province remained stable for most of 29 days. Prices of propylene enterprises in Shandong Province maintained stable in early August, declined continuously from 5 days to 8 days, and fell 450-500 yuan/ton. On 10 days, they began to rise again. On 14 days, they rose 200 yuan/ton. On 15 days, they stabilized. On 17 days, they began to decline sharply. On 3 days, they went 300 yuan/ton. On 20 days, they began to rise again, and on 22 days, they rose 150 yuan/ton. On the 23rd, it began to maintain stability, and fell 100-200 yuan/ton on the 27th-28th. Today, it is generally stable. At present, the market turnover is around 7400-7700 yuan/ton, and the mainstream price is about 7400 yuan/ton. Downstream polyether factories are mainly purchased on demand.

3. Future market forecast:

Propylene oxide analysts believe that today’s upstream propylene prices are mostly stable and support for propylene oxide is limited. Although there is no pressure on factory inventory, the terminal return to on-demand procurement and the increase of load in some factories have limited the price of propylene oxide. It is expected that the market of propylene oxide will be consolidated in the near future.