Monthly Archives: August 2017

New demand points stacked inventory decline, nickel prices soared 4.32%

According to the nickel price monitoring, August 21 nickel spot price of 90187.5 yuan / ton, compared with 86450 yuan / ton the previous day, rose 4.32%, today’s spot nickel rose sharply more than 3700 yuan / ton, Shanghai nickel also rose 3.87% The Nickel prices since June 3 reached its lowest point since the beginning of 72,725 yuan / ton after a sharp rebound, as of August 21 cumulative rebound 24.01%, approaching the annual high of February 20, 90887.5 yuan / ton, half of the year almost rebounded all the decline The

Nintendo Nickel analyst Liu Meili that the nickel price rose sharply for three reasons, one is expected in the black tightly driven by the metal market performance continues to remain strong, nickel prices rose sharply. Second, refined nickel imports to maintain a loss pattern, the domestic refined nickel stocks continue to decline, and decline faster, warehouse receipts basically maintained 200 tons / day decline in speed, in addition, the bonded area nickel inventory has dropped to 40,000 tons or less. Third, the inventory side. Philippine nickel ore shipments last week, the chain has declined from the entire 7-8 month tracking point of view, the overall nickel ore imports compared with last year or incremental little, nickel ore stocks more difficult to accumulate. Fourth, the new energy vehicles driven demand, with the development of new energy vehicles, new energy battery technology is also constantly innovating, many developers will focus on the new energy battery materials, aimed at seeking new breakthroughs. As the battery area of ​​the main raw material – nickel sulfate, there has been a new demand growth point, which makes the whole industry chain, has undergone enormous changes. In addition, the cobalt price rose to accelerate the replacement of cobalt on nickel, detonated nickel prices rose. Cobalt prices rose more than 100% compared to the previous year, greatly improving the cost of ternary materials, compressed manufacturers profit margins. Nickel instead of cobalt can not only save costs, but also can further improve the energy density. Affected by this concept, nickel prices soared.

Gamma-PGA (gamma polyglutamic acid)

Although the new demand point detonated nickel price, but the performance of nickel iron began to weaken last week, nickel and iron smelting enterprises continue to come back from the news, the edge of nickel iron smelting enterprises began to be Price of the stimulus. In addition, stainless steel inventories have increased in August, but from the spot market performance, steel mills still have a certain control capacity, the current stainless steel inventory is not enough, or will not constitute a huge threat to the entire industry chain. Overall, nickel and iron production is expected to have a certain hindrance to the nickel price, stainless steel stocks also slightly accumulated, but refined nickel warehouse receipts continue to reduce the support of nickel prices remain easy to rise or fall pattern is expected to remain short-term fluctuations in nickel prices upward trend.

http://www.lubonchem.com/

Styrene market prices continue to strengthen this week (8.14-8.18)

First, the price trend
This week (8.14-8.18) styrene market prices up. On Friday (August 11), the sample price of the sample business was 9507 yuan / ton, and the price of the sample business on Friday (August 18) was 961 yuan / ton, up 1.13%.

Melamine

According to the business data show: August 18 styrene commodity index was 85.35, compared with the cycle of the highest point of 120.12 points (2012-10-25) fell 28.95%, compared with December 18, 2014 the lowest point 56.90 points up 50.00 %. (Note: cycle refers to 2011-09-01 so far)

Second, the market analysis

Styrene upstream:

Crude oil prices this week, lower volatility. On Friday (August 11) NYMEX September crude oil futures contract settled at $ 48.82 a barrel. October Brent crude oil futures settled at $ 52.10 a barrel. Thursday (August 17) NYMEX crude oil futures rose, the end of the three-fold, NYMEX crude oil futures contract settled in September to $ 47.09 a barrel. Brent’s October crude oil futures settled at $ 51.03 a barrel. Ethylene prices continue to rise this week, the domestic benzene market prices stable operation of the main.

Styrene:

Outer disk: This week the price of styrene outside the disk. As of August 17, the US styrene market closed steadily, FOB US Gulf reported 52.2-52.7 cents / lb, equivalent to 1148.4-1159.4 US dollars / ton. European styrene market FOB ARA rose 10 dollars to 1210-1211 US dollars / ton. Asian styrene market closed up 24 US dollars / ton, FOB Korea received 1175-1176 US dollars / ton, CFR China received 1202-1203 US dollars / ton.EDTA

Market: Styrene market prices this week rose 100-200 yuan / ton, on Friday (August 11) East China market price of styrene in 9600-9620 yuan / ton, the South China market price of styrene in 10100 yuan / ton to send To the price, the North market offer styrene in 9500-9600 yuan / ton to the price. Friday (August 17) East China market offer styrene in the 9700-9750 yuan / ton, the South China market offer styrene at 10200 yuan / ton to the price, the North market offer styrene at 9750 yuan / ton to the price.

Styrene downstream:

PS: the beginning of raw materials, high and volatile styrene, the lack of a clear positive support, the market big steady small move. East China ordinary through benzene reported 10450-10550 yuan. Zhou Zhong due to rebound in raw materials, PS market rose more or less, as of Friday East China ordinary through benzene reported 10400-10600 yuan / ton.

EPS: EPS prices are on the rise this week. According to the business data show: last Friday (August 11) EPS general material reported 10488 yuan / ton. Friday (August 18) EPS general material reported 10588 yuan / ton, or 0.95%. As of Friday Zhejiang and Zhejiang EPS general material prices in the 10600-10700 yuan / ton.
Third, the market outlook analysis

According to business analysts forecast: this week in pure benzene, ethylene, US dollars styrene, bulk commodity plate and other support by the rally, the styrene market prices, support the downstream PS and EPS prices with the rise. The outlook outlook continues to focus on the direction of raw materials for the market for styrene and crude oil.

EDTA 2Na

MTBE price increased slightly this week, (8.14-8.18)

First, the price trend

Business: MTBE market ups and downs this week (8.14-8.18)

As of the weekend MTBE average price of 5216.67 yuan / ton, or 0.26%.

Second, the market analysis

Benzalkonium chloride

Products: After entering in August, the domestic MTBE market continued to stalemate, the price is not a big fluctuation, the mainstream remained at 5100 yuan / ton hovering, the face of tepid market, MTBE manufacturers to stabilize the volume for the first, With the continuous deepening of environmental inspection, MTBE cash supply tight, seems to have picked up signs, local start tentative narrow price.

Industry chain: week, the face of high raw material costs, manufacturers profit margins are still in the doldrums, but the high prices of raw materials manufacturers are also limited intention, very price-based. Gasoline market to maintain high order, MTBE just need to exist, coupled with the existence of environmental protection inspection, manufacturers operating load load to maintain a low level, multiple support under the MTBE remain strong and worry-free.

Third, the market outlook forecast

Business Bureau Energy Branch MTBE product analyst Chen Lin said: short-term, tight supply and raw material costs will be high on the domestic MTBE market to form a larger positive support, start low load operation, supply and demand is relatively balanced, MTBE high run worry , But the environmental inspection also hit downstream demand, local gas station transformation, terminal demand suffered a certain resistance, the international crude oil demand side signs of weak signs of its rising risk, the terminal operation is still cautious, this year, “gold nine silver ten” More uncertainty, coming or later than in previous years.

Sodium selenite

the ethylene oxide supply become very tight (8.14-8.18)

First, the price trend

Business community: This week the ethylene oxide market a difficult to find (8.14-8.18)

As of this week, the average price of ethylene oxide is 9422.73 yuan / ton (both tax), the price is stable.

Stannous Sulphate

Second, the market analysis

Products: a difficult situation to find the case, the recent rise in ethylene oxide fiercely, the last month, every Monday up, simply can not stop. Up to now, since the cumulative increase in ethylene since July 4 a total increase of 900 yuan, Sinopec East China ex-factory price of 9500 yuan / ton.

Industrial chain: the supply of ethylene oxide in short supply, prices continue to rise, the downstream manufacturers “immeasurable skyrocketing” “This market chaos set” “can not get goods ah” and so complained endlessly. Indeed, the current ethylene oxide is indeed a good support for all sides under the strong rise of the posture, but Zhongyu information that the current tight supply is not due to the strong downstream demand driven, but due to reduced factory output. As we all know, the current ethylene oxide production plant is mostly EO / EG co-production, the factory can be adjusted according to the two real-time market, and no co-production devices, most of the factory supporting downstream products, external heavy volume is limited. As the ethylene glycol profit considerable support, the factory have to adjust the device, converted ethylene glycol, ethylene oxide production significantly reduced, on the other hand, EO downstream gradually out of the off-season, the EO demand is in a slow recovery stage, two Cause collision, EO tight situation began to highlight and show intensified trend.

Third, the market outlook forecast

Ethylene oxide product analyst Chen Lin said: short-term view of ethylene-based strong ship-based, long-term concern about the factory conversion and downstream demand season guidance.

Bacillus thuringiensis

Cryolite market prices are stable this week (8.14-8.18)

First, the price trend

According to the business community statistics show that this week, cryolite market price fluctuations, the market average price of 6400 yuan / ton, up 13.07% year on year.

Second, the market analysis

Chitosan oligosaccharide

Products: Quarry offer this week, most manufacturers remain unchanged, the mainstream market price 5800-6500 yuan / ton range, the market operating rate as a whole maintained at about 5 percent, business shipments smoothly, the transaction is acceptable.

Industrial chain: upstream raw materials sulfuric acid market: domestic sulfuric acid market this week, steady decline in the range of 0.67%. Shandong, Zhejiang, Inner Mongolia and other regions of the market few manufacturers can still ship, inventory pressure, acid prices down, the range of 10-20 yuan / ton; upstream fluorite: fluorite market prices continue to rise this week in a new round of environmental protection, Maintenance and other reasons under the influence of enterprises, especially in the southern region is still relatively common phenomenon, so supply is still tight, offer strong, coupled with strong demand downstream, prices continue to rise. At present, the price of fluorite powder in the south area is stable, and the price of individual manufacturers is slightly changed. The demand for cryolite is low and the cryolite is shipped smoothly.

Industry: At present, the operating rate of cryolite manufacturers is little change, the basic maintenance of about 5 percent, inventory is not large, the downstream electrolytic aluminum enterprises started to increase slightly, demand for cryolite increased, tight supply, supply and demand is still in the game, manufacturers mentality optimism.

Third, the market outlook forecast

Business fossil stone analysts believe that: upstream raw material prices, downstream procurement did not change significantly, is expected next week, frozen market conditions stable.

Sodium Molybdate