1、 Price trend

 

In June, the market of refrigerant R22 was stable and upward. According to the price monitoring of the business association, the average price of refrigerant R22 on June 29 was 16000 yuan / ton, up 7.87% compared with the beginning of June, and decreased by 11.93% compared with the same period last year.

 

Gamma-PGA (gamma polyglutamic acid)

2、 Market analysis

 

In June, refrigerant R22 continued to rise, the trading focus continued to move up, and there was no intention of callback. This month’s rise is mainly supported by many favorable factors: first, the market of hydrofluoric acid and chloroform is rising, and the cost side support is strong; secondly, the quota of refrigerant R22 manufacturers is continuously reduced, and the on-site supply is not much, and traders’ confidence in hoarding goods is enhanced; thirdly, the market sentiment is high, because the price of refrigerant R22 drops sharply in the early stage, drops to a low level, and the manufacturers’ sentiment of supporting prices is high, which leads to the rapid development of refrigerant R22 Pull up. At present, the terminal demand is not followed up enough, the export has been poor, and the domestic demand has not reached the expectation, which is difficult to boost the market. However, there is no big contradiction between the supply and demand pattern. With the improvement of the export situation in the future market and the recovery of the after-sales market, the industry is optimistic. According to the price monitoring of the business association, as of June 29, the average price of refrigerant R22 was 16000 yuan / ton. In the vicinity, the market price was mainly around 15000 yuan / ton – 17000 yuan / ton, and the price was still high.

 

In June, the market price of methane chloride in Shandong increased. Near the end of the month, the mainstream quotation of dichloromethane market was about 2100-2300 yuan / ton, and that of chloroform market was about 2000 yuan / ton. At present, the market is mainly consolidation, the trading situation in the industry is general, the spot supply in the market is fair, and the industry has a strong wait-and-see atmosphere.

Chitosan oligosaccharide

 

Since June, the domestic hydrofluoric acid market price has experienced a short-term rise, but the market price has remained low in the late stage. The good support for the price rise of hydrofluoric acid is the rising price of raw material fluorite. Recently, there is still an intention of supporting the price of fluorite in the field. However, the refrigerant industry has not significantly improved. For the hydrofluoric acid market, the main price of domestic anhydrous hydrofluoric acid manufacturers is 850 0-9000 yuan / ton. The factory price of the domestic hydrofluoric acid manufacturers is generally low. The supply of goods in the field is normal, which is driven by the rising price of fluorite. However, the demand of the downstream refrigerant industry is not good, and the on-site procurement is mainly based on demand. It is expected that the on-site price will continue to rise slightly in the future.

 

3、 Future forecast

 

Refrigerant analysts of the business agency believe that R22 continued to rise in June due to the favorable support. At present, the manufacturers still have a high price supporting sentiment and have no intention to lower the price. Affected by the demand, the refrigerant R22 is expected to stabilize in the short term, but the future market is still optimistic.

povidone Iodine

With the increase of rainfall, the demand of terminal market is not enough to boost, and the operating rate of refineries remains high, and the supply of refined oil is sufficient. The domestic gasoline and diesel prices continue to decline in the middle and late June. According to the monitoring data of the business agency, domestic gasoline and diesel prices fell by 3.96% and 5.29% respectively in the middle and late June.

 

EDTA 2Na

On the demand side, the demand for gasoline was not good enough. For gasoline, rainstorm weather occurred in some parts of the south, and there were signs of flooding. The northern region also had frequent rainfall, and the demand for gasoline was reduced due to the impact of rainfall. In terms of diesel, the traditional rigid demand industries such as engineering, infrastructure construction and mining still support the market. However, rainstorms in the South and domestic epidemic situation occurred in a small range, and the activity of logistics and transportation industry declined, so the demand for diesel oil was very weak.

 

In June, the operating rate of domestic refineries remained at a high level, with the operating rate of main refineries rising to about 71%, and that of Shandong local refineries rising to 76%. The domestic gasoline and diesel supply was sufficient. In April, the apparent consumption of refined oil was 27.74 million tons, with a year-on-year increase of 2.1%, including a year-on-year increase of 4.53% for gasoline and 13.4% for diesel.

 

Azodicarbonamide (AC foaming Agent)

In late June, the “floor price” of US $40 / barrel rose, and three months later, the domestic refined oil ushered in an upward adjustment. At 24:00 on June 28, the highest retail prices of domestic gasoline and diesel were increased by 120 yuan / ton and 110 yuan / ton respectively. However, the international oil price fell for consecutive days at the end of the month, and the WTI crude oil futures price fell below 38 US dollars / barrel. The benefits brought by the price adjustment of refined oil were offset, and the wait-and-see sentiment in the downstream market was revived.

 

Lu Xingjun, an oil product analyst at the business club, believes that: at present, OPEC + production reduction continues to support the bottom oil price, but the foreign new crown epidemic situation is still relatively serious, the international oil price will remain at about $40 / barrel, and the domestic oil product supply is sufficient, it is expected that the domestic oil product price will continue to decline under pressure in the short term.

EDTA

The international crude oil price fell for two days, while the domestic gasoline price declined slightly, and the MTBE market was not favorable, so the MTBE price started a downward trend. According to the data of the business agency, the price of MTBE on June 29 was 3816 yuan / ton, down 2.97% from the price on June 23.

 

Melamine

In late June, the “floor price” of US $40 / barrel rose, and three months later, the domestic refined oil ushered in an upward adjustment. At 24:00 on June 28, the highest retail prices of domestic gasoline and diesel were increased by 120 yuan / ton and 110 yuan / ton respectively. However, the international oil price continued to fall in the past two days, and the WTI crude oil futures price fell below $38 / barrel. The benefits brought by the price adjustment of refined oil were offset, and the wait-and-see sentiment in the downstream market was revived.

 

From the middle of June, rainstorm weather appeared in some parts of the south, and there were signs of flood. The northern region also had frequent rainfall, and the demand for gasoline was reduced due to the impact of rainfall. According to the monitoring data of business agency, the domestic gasoline price has dropped by 3.96% in the middle and late June.

 

Due to the lack of good news support in MTBE market, downstream replenishment is more on demand. In addition, crude oil and gasoline prices are falling, so refinery gasoline raw material purchasing intention is weakened, and MTBE manufacturers in some regions tentatively reduce their shipment slightly.

 

According to MTBE product analysts of energy branch of business agency, international crude oil prices continue to be under pressure, while domestic gasoline prices continue to fall under pressure in the short term, coupled with the weakening of gasoline demand. It is expected that the market price of MTBE will continue to decline in the near future.

Sodium Molybdate

According to the price monitoring of the business agency, the overall price of lithium carbonate in East China showed a downward trend in June, while the prices of industrial carbon and electric carbon were still at a low level. As of June 29, the average price of industrial grade lithium carbonate in East China was 39440 yuan / ton, which was 760 yuan / ton lower than that at the beginning of the month (the average price of industrial carbon in East China was 40200 yuan / ton on June 1), down 1.89%. On June 29, the average price of battery grade lithium carbonate in East China was 44200 yuan / ton, which was increased by 200 yuan / ton or 0.45% compared with the average price at the beginning of the month (June 1: the average price of carbon in East China was 44000 yuan / ton).

 

ferric sulfate (Poly ferric sulphate)

According to the observation of market changes, the market price of lithium carbonate decreased slightly in the first ten days of June. Due to the sufficient supply, the sluggish downstream demand, the prominent contradiction between supply and demand in the market, and the sluggish market trading, the price fell under pressure. By the end of June, the transaction situation of lithium carbonate market was still relatively cold. Due to the slight recovery of lithium iron phosphate market demand and the low operating rate of ternary materials, the market transaction was difficult, so the price of lithium carbonate went down further. However, there was a slight rebound in the price of battery grade lithium carbonate in the first ten days of June, which made the price of battery grade lithium carbonate still showed an upward trend.

 

The downstream market price of lithium hydroxide ran smoothly in the first ten days of June. The demand for power type lithium iron phosphate was weak, and it operated under pressure. Due to the slow recovery of the ride market, lithium iron phosphate was in a weak position. From the perspective of market development in late June, the downstream terminal is still pushing down the price. Downstream purchasing enterprises intend to transmit the cost pressure to the upstream, which makes the price of lithium carbonate still under pressure. This month, the comprehensive price of industrial grade lithium carbonate is between 35000 yuan / ton and 45000 yuan / ton, and the comprehensive price of battery grade lithium carbonate is between 45000 yuan / ton and 48000 yuan / ton.

 

According to the lithium carbonate analysts of the business club, the current lithium carbonate market is still in a relatively weak state. The operating rate of the downstream market recovers slowly, which has a certain impact on the market demand. The inflow of imported lithium carbonate also has a certain impact on the domestic market. It is expected that the price puzzle of lithium carbonate market will continue in the short term.

Benzalkonium chloride

On the 29th, the average domestic spot price of gold was 397.78 yuan / g, up 0.21% from 396.95 yuan / G on the 24th, and 16.13% higher than that at the beginning of the year (01.01).

 

On the 29th, the domestic spot price of silver was 4291.33 yuan / kg, down 0.01% from 4191.67 yuan / kg on the 24th, and was 2.54% lower than that at the beginning of the year (01.01).

 

The current price of precious metal gold is around 400 yuan / g, which is relatively high. Affected by the epidemic situation, the actual demand for gold is relatively low, but the investment demand is surging. The resistance level of 400 is relatively strong. In the later stage, we will wait and see the interest rate policies of central banks, US dollar liquidity, inflation expectations and changes in the epidemic situation.

http://www.lubonchem.com/

1、 Price trend

 

According to the data monitoring of the business agency, as of June 28, the market reference average price of 30% grade phosphate ore was 386 yuan / ton, basically the same as that of a week ago; compared with the price half a month ago (15 days), the average price decreased by 7 yuan / ton, or 1.69%.

 

ferric sulfate (Poly ferric sulphate)

Weak and stable operation of China’s phosphorus ore market in the past half month after the mid month quotation reduction

 

On June 16, some mining enterprises in Guizhou Province lowered their phosphate ore prices, mainly due to the fact that some mining enterprises were unable to meet the downstream demand, poor market transactions and other factors, in order to stimulate the shipment and sales. After that, the domestic phosphorus ore market has basically operated in a weak and stable way up to now, with no major changes in the market, and the overall shipment in the off-season market is still slow. At present, the inventory is large, and the downstream demand is general. As of the 28th day, Hubei Province: 28% of the mainstream phosphate rock quotation is around 360 yuan / ton, 30% of the mainstream phosphate rock quotation is around 400 yuan / ton; Sichuan Province: 28% of the phosphate rock County delivery price is around 270 yuan / ton, 29% of the phosphate rock County delivery price is around 330 yuan / ton; Yunnan Province: 28% of the grade phosphate rock car plate quotation is around 275 yuan / ton; Guizhou Province: 30% The reference quotation for the main flow car plate of grade phosphorus ore is around 320-330 yuan / ton, and the low-end quotation is around 300 yuan / ton.

 

Attached are prices of phosphate rock in some parts of the country this week (data for reference only unit: yuan / ton)

 

Regional product grade June 22 June 28 up and down remarks

Guizhou phosphate rock 30% 330 yuan 330 yuan 0 car plate price

Guizhou phosphate rock 29% 310 yuan 310 yuan 0 car plate price

Yunnan phosphate rock 28%, 300 yuan, 300 yuan, 0 vehicle plate price

Sichuan phosphate rock 28% 300 yuan 300 yuan 0 County delivery price

Hubei phosphate rock 28% 360 yuan 360 yuan 0 mainstream boat plate quotation

Azodicarbonamide (AC foaming Agent)

Downstream, since the beginning of this month, China’s yellow phosphorus market price has continued to decline, with limited support for phosphate rock. At present, the yellow phosphorus market starts to improve slightly, and the market supply is relatively sufficient. At present, the yellow phosphorus Market in Yunnan Province is light, with a market quotation of about 14000-14300 yuan / ton. The market is not good and the price is seriously depressed, and many yellow phosphorus manufacturers do not offer. Guizhou yellow phosphorus market is dominated by low-level operation, and the current mainstream quotation is about 14300 yuan / ton. The downstream demand market is general, and manufacturers mainly adopt enough on demand. The yellow phosphorus Market in Sichuan is light and stable, and the current quotation in Sichuan is about 15000-14200 yuan / ton. Downstream manufacturers who take it with them, on-site spot sales in general.

 

According to analysts of phosphate ore of business association, at present, the overall market of phosphate rock and its direct downstream market is weak, with weak downstream demand and insufficient support. It is expected that in the near future, most of the phosphate rock will operate in a weak way, and the market price will not be reduced in a narrow range in some areas.

povidone Iodine

Commodity index: on June 28, the commodity index of polyaluminium chloride was 95.27, down 0.68 points from yesterday, a record low in the cycle, down 12.60% from the highest point of 109.01 on August 28, 2019. (Note: cycle refers to 2019-04-01 till now)

 

Melamine

The data shows that polyaluminium chloride (solid, content ≥ 28%) shows an overall fluctuating downward trend from April to June 2020, with a reduction rate of about 7%; the domestic mainstream quotation this month is very small, with a flat trend. The price fluctuation range of various specifications is roughly as follows: industrial grade, liquid and alumina content 10%-12%, tax included quotation 260-300 yuan / ton, generally reduced by 50 yuan / ton; solid and alumina content 20-21%, quotation 850 yuan / ton, part of manufacturers also reduced by 50 yuan / ton; content 24%, quotation 1100-1200 yuan / ton; content 26%, quotation 1280-1400 yuan / ton; solid and alumina content ≥ 28%, quotation 1550 yuan / ton; spray The quotation for fog content ≥ 30% is 1650 yuan / ton; the quotation for drinking water level, content ≥ 28% is 1750 yuan / ton, and the quotation for food level is about 2800 yuan / ton.

 

According to the data of business agency, in the upstream products of polyaluminium chloride, the main factory price of hydrochloric acid in North China decreased slightly in June, 333 yuan / ton on June 1, 310 yuan / ton on June 28, a decrease of 5.94%. The actual transaction price of the manufacturer shall be subject to negotiation. From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market is generally weak in support of hydrochloric acid, while the downstream white carbon black market is gradually falling, which has a negative impact on hydrochloric acid, while the downstream ammonium chloride market is high in consolidation, which has a certain support for the price of hydrochloric acid. In the first half of the month, the hydrochloric acid market as a whole seemed to rise slightly at the beginning of the month, and then fell slightly in the middle of the month, with a small range. The difficulty of shipment is still a major problem. In the second half of the month, there was a small reduction, with an overall decrease of about 20 yuan / ton this month. Downstream: according to the manufacturer’s introduction, the market of polyaluminium chloride in 2020 is certainly much worse than that in 2019. The current market is not warm and hot, and the manufacturer dare not have extravagant hopes for the later market change.

 

EDTA 2Na

As far as the whole industry is concerned, from 2020 to now, during the Spring Festival holiday to February 20, the relevant enterprises in the main production area have stopped production and delayed to return to work; after February 20, the manufacturers in the main production area have resumed production in succession; in March, the logistics has gradually recovered, and the transportation cost has returned to normal; in April, the overall production is normal, due to the difficulty of delivery, some enterprises still have high inventory, and the production is affected; in May, polyaluminium chloride The overall demand hasn’t recovered, the market situation is poor, the delivery is general, and the transaction continues to be weak; in June, it’s more than half, the raw materials have not changed much, the natural gas used for drying rebounded about 1 percentage point from the bottom this month, and the impact on the market is not great, the downstream demand is still general, the situation of the industry has not changed much, the overall market situation of the industry is poor, and polyaluminium is difficult to survive alone.

 

As for the future market, the analysis of the business community shows that in June, the price of raw materials in the upstream went down slightly, while the demand in the downstream did not change much. The price of polyaluminium chloride of some manufacturers was reduced by 50-100 yuan / ton, and the quotation of some manufacturers changed little. For the future market, the market will remain flat, it is difficult to have a big market.

EDTA

According to the price monitoring of the business agency, in June, the price of PTA spot market in China showed an upward trend of “m” shocks. Under the favorable support of cost, in the face of the weakness of high inventory and terminal traditional off-season demand, the increase narrowed compared with May. As of June 28, the market average price was 3661 yuan / ton, up 3.02% from the beginning of the month, down 42.48% year-on-year.

 

Benzalkonium chloride

As can be seen from the figure above, the recent stronger cost has boosted PTA market. Crude oil is still in the production reduction cycle, and the price continues to fluctuate and climb. On June 24, the settlement price of the main contract of WTI crude oil futures in the United States was $38.01/barrel, and that of Brent crude oil futures was $40.31/barrel. The international oil price fluctuated strongly, and the incidents of routine and unscheduled maintenance and production reduction of PX devices in Asia were concentrated. PX bottomed out and rebounded under this boost. As of June 24, the closing prices in Asia were 556 US dollars / ton fob in South Korea and 576 US dollars / ton CFR in China. The domestic PX prices were 4300 yuan / ton, up 4.88% from the beginning of the month, down 38.57% year on year.

 

Recent changes in PX units in Asia

 

Enterprise name: operation trend of production capacity (10000 t / a) device

South Korea SK 130 plans to stop for six weeks in the middle and late June

South Korea GS 40 2 planned to be overhauled from June 27 to July 7

Thailand PTT 77 2 delayed to July for 17 days

Hanhua chemical 70 1 has been restarted

Taiwan FCFC 87 3 restart time delayed

Two sets of JX 82 in Japan started maintenance in the first ten days of May, and it is planned to restart in the first ten days of July

India ompl 90 unplanned stop in April, restart to be determined

Routine maintenance of Zhenhai Refining & Chemical 65 from June 19 to July 5

Sinopec 160 plans to maintain for 40 days in October

Overhaul of Tianjin Petrochemical from April 30 to July 5

Hainan refining and Chemical Co., Ltd. stopped for 6 months on January 16.

Sinochem Hongrun 80 restart in parking to be determined

Fuhua industry and Trade Co., Ltd. 80 2 times, restart in parking to be determined

From the perspective of PTA supply, 2.2 million tons of unexpected shutdown of Hanbang petrochemical and 4.5 million tons of short-term negative load reduction of Fuhai, and PTA operation rate fell to 83% in early June. However, with Sichuan energy investment’s 1 million ton PTA plant restarted after the short-term shutdown at the beginning of the month, especially the 400000 tons of Shanghai Jinshan Petrochemical Co., Ltd. and 2.2 million tons of Hanbang Petrochemical Co., Ltd. at the end of the month, and the 350000 tons of Yangzi Petrochemical Co., Ltd. started to restart and heat up one after another, the current PTA starting load has increased to more than 92%. In early July, Ningbo Yisheng planned a short stop of 2.2 million tons. In addition, Jialong petrochemical, Pengwei petrochemical, Liwan polyester, Tianjin Petrochemical and Hanbang Petrochemical are still in the stop phase, and the restart time is to be determined.

 

Recent changes of PTA plant in China

 

Production enterprise’s unit capacity (10000 tons / year) operation trend of the unit

Ningbo Yisheng 220 plans to have a short maintenance period of 2-3 days in early July 2020

Yangzi Petrochemical 35 to restart on June 22, 2020

65. Maintenance planned by the end of June 2020

Liwan polyester 70 shut down on April 30, restart to be determined

Hanbang Petrochemical entered maintenance on May 9, 60, restart to be determined

220 stop at night on May 19, warm up and restart on June 18, discharge on June 22

Shanghai Petrochemical entered into maintenance on May 18, failed to restart on the afternoon of June 19, re feeding on June 21 and discharging on June 22

Tianjin Petrochemical Co., Ltd. shut down for maintenance on April 17, and restart to be determined

Pengwei Petrochemical Co., Ltd. stopped at night on March 9 and planned to restart in July

Chuanneng Chemical Co., Ltd. operates at 70% of the load after a short shutdown on June 1, and now operates at full load

Fuhaichuang 450 took off and landed negative alkali washing on June 8, and the load increased on June 12

Sodium Molybdate

Jialong Petrochemical 60 will stop for maintenance from February 21 to March 5, 2019; it will stop for maintenance on August 2, with the restart time to be determined

In terms of inventory, affected by the shutdown of two major factories in June, PTA market was in a state of slight de stocking of 3.75 million tons, down from last month, but increased by nearly 2.5 million tons compared with the same period of last year, still at a high level, which is not enough to reverse the industrial pattern of supply and demand surplus of PTA in the medium and long term, and the current situation of high inventory is difficult to resolve.

 

The production and sales of polyester in the downstream market are flat, and the current operating rate is close to 85%. Tianjin Petrochemical’s 200000 ton polyester plant and xinfengming’s 250000 ton polyester plant are planned to restart, Anhui Jinzhai Xinlun’s 120000 ton staple fiber plan is put into production, and Yizheng Chemical fiber’s 200000 ton new staple fiber plan is planned to put into production. Therefore, it is expected that the polyester operation will be improved in July. However, the off-season atmosphere of the terminal textile and weaving market has gradually deepened, which is even more difficult when it is in the off-season of a special year. Most of the weaving enterprises have started to significantly reduce the start-up rate, and the comprehensive start-up rate of Jiangsu and Zhejiang looms has again slightly dropped to below 61%. In terms of price, after the middle of each product market, polyester filament market has declined in varying degrees, including polyester staple fiber monthly decline of 9.91%.

 

Xia Ting, an analyst at the business club, believes that although the cost support is enhanced, there is an expectation that Hengli Petrochemical will put in new capacity at the supply end of PTA itself. In addition, multiple units will be restarted at the end of the month. At the same time, the terminal demand is off-season, and the weaving enterprises are planning to reduce the load and take a vacation. The demand is also expected to be difficult to form a greater boost. Once again, they turn to the accumulation warehouse to weaken the PTA market price, and the PTA price focus is expected to move down in July.

http://www.lubonchem.com/

1、 Price trend

 

According to the data of the large scale list of business agencies, the average price of TDI market in East China on the 24th was 11133.33 yuan / ton, up 1.21% month on month. The TDI commodity index on June 24 was 58.91, unchanged from yesterday, down 76.25% from 248.02 (2016-10-19), the highest point in the cycle, and up 12.08% from 52.56, the lowest point on May 5, 2020. (Note: cycle refers to 2011-09-01 to now).

 

ferric sulfate (Poly ferric sulphate)

2、 Market analysis

 

On March 23, the domestic market continued to decline, with a significant decline in the market. Dealers continued to explore the offer, and the downstream mentality tended to be cautious. There was little heard about the on-site trading. At present, the market in East China continued to weaken, with the downstream mainly digesting inventory, the transaction was not smooth, and the market fell indefinitely. By the end of 24 days, the quotation of domestic goods with bills in East China is 10100-10400 yuan / ton, and that of Shanghai goods with bills is 10600-10800 yuan / ton.

 

Azodicarbonamide (AC foaming Agent)

On the upstream side, the toluene price was adjusted downward, the industry inventory was on the high side, the demand was weak, a small amount of on-site replenishment was just needed, the early inventory was mainly digested as a whole, the market transaction atmosphere was weak, considering the impact of the global economic recession on the crude oil demand, it is expected that the domestic toluene market will be stable in the short term.

 

3、 Future forecast

 

According to the analysis of the data division of the business agency: at present, the domestic TDI market is generally weak, with the downstream mainly digesting the inventory, the willingness to prepare goods before the festival is cold, and the market is empty. It is expected that the weakness of domestic TDI market will be sorted out in the later period, and the operation of the plant after the festival will be watched.

povidone Iodine

The domestic ethanol market continued to rise. According to the monitoring of business agency, the price of domestic ethanol market on June 15 was 5762 yuan / ton, and the price of domestic ethanol on June 25 was 5925 yuan / ton, with a price increase of 2.82% in 10 days, breaking the long calm situation. The price rose 3.04% month on month and 10.34% year on year.

 

EDTA

Affected by the high turnover rate and high premium rate of four consecutive auctions of temporary storage corn, the current corn spot market continues to maintain a stable, moderate and strong situation, thus the corn ethanol market price continues to rise. The ethanol market in various regions has increased to varying degrees. The inventory status in some regions and the operation rate of enterprises’ devices are relatively low, which will still pull the market up to a certain extent in the future.

 

Logistics: the current freight fluctuation is not big. This week, the freight between Daqing in Heilongjiang Province and Zibo in Shandong Province is 280-310 yuan / ton. Anhui Nanchang 250 yuan / ton (floating up and down). Henan Sichuan 500 yuan / ton. Henan Guangdong 460-520 yuan / ton (floating up and down). Guangxi Qinzhou Guangdong Dongguan 220 yuan / ton (with fluctuation).

 

In terms of raw materials, corn: the fifth auction of temporary storage corn was held on June 24. As of 15:00 p.m. on that day, the price of this round of auction dropped, and the premium range also decreased, with a transaction rate of 100%. This auction is not only temporary for grain storage auction, but also 1.9 million tons of China grain storage. The supply has increased. Impact on the ethanol industry: the price of raw material corn fell, but the range was not large. The cost of ethanol production enterprises remained high. In the short term, the cost was high, the inventory was low, and the ethanol market remained high.

Melamine

 

Ethyl acetate: the domestic market for ethyl acetate rose sharply. The raw material ethanol rose sharply, which supported the cost of ethyl acetate, and ethyl acetate itself had no profit space, so the production enterprises followed the raw material range passively. For the lower reaches of the Dragon Boat Festival, there is a small amount of stock up, which is good for supporting both in cost and demand.

 

In the future, the price of raw materials will continue to be high in the short term, supported by less supply. The inventory of large factories in Northeast China will remain low with more orders. The price of enterprise quotation will remain high in the short term. In July, there will be a round inspection of large factories, and the price will remain strong in the short term. Business alcohol analysts expect domestic ethanol market prices to remain high in the short term.

EDTA 2Na