According to the bulk list data of Business News Agency, the price of boric acid has been stable recently, and the average price of boric acid at the weekend is 8050.00 yuan/ton.

The domestic boric acid market has been stable in recent years. Downstream demand is general, the boric acid trading market is mixed, and the downstream is bargain-hunting. Boric acid manufacturers set prices according to their own shipments, and the price of boric acid fluctuated slightly.

The boric acid analyst of the Business Agency believes that the domestic boric acid market has been in a trend of turbulence and consolidation recently, and the market demand is general. It is expected that the market will fall mainly in the later period, and more attention should be paid to the guidance of market news.

In this cycle (February 1 to February 14), the market price of 1 # electrolytic manganese is still weak, and the price is slightly reduced. The spot market price in East China was 17300 yuan/ton at the beginning of the month, 17000 yuan/ton on the 14th, and decreased by 300 yuan/ton or 1.73% during the cycle.

In terms of manganese ore: the North-South quotation of manganese ore returned after the holiday has risen tentatively. At the beginning of the month, the mainstream price was about 37 yuan/tonne of semi-carbonic acid in Tianjin Port, 48.5-49 yuan/tonne in Australia, 45.5-46 yuan/tonne in high-quality Australian seed, and 45-46 yuan/tonne in Gabon. In the later stage, the impact of the overall futures market is obvious, showing a trend of weak shocks. The lower price depression mentality is more than that of heavy manganese ore, which is 0.5 yuan/ton loose in the transaction. By the 14th or so, Tianjin Port’s semi-carbonic acid was 36 yuan/tonne, Australia’s 48-48.5 yuan/tonne, Gabon’s 45.5 yuan/tonne, slightly lower than the price at the beginning of the month, the overall market inquiry was light, and the purchase intention was low.

The commodity price K-bar chart uses the concept of price trend K-line to reflect the weekly or monthly price changes in the form of bar chart. Investors can buy and sell investments according to the changes in the K-bar chart. Red indicates: rising; Green means: down; The height of the K column indicates the range of rise and fall. From the above weekly and monthly electrolytic manganese K-bar chart, it can be seen that since March 2022, the electrolytic manganese has continued to decline, the price has continued to stabilize after a slight rise at the end of August, the price has recovered slightly since the end of September, the price has remained stable for a long time since October, the price has fluctuated slightly in November, the price has decreased slightly after December, and the price has declined slightly after a temporary stability in January.

The price of European strategic small metal manganese rose to 2600 US dollars/ton as of February 14, up 100 US dollars/ton from the beginning of the month. The recent market price fluctuation was not frequent, the market negotiation atmosphere was limited, and the wait-and-see mood was strong. The rising overseas price slightly boosted the domestic market mentality.

The electrolytic manganese market remained weak in the first half of the month, with a total reduction of 300 yuan/ton in the second half of the month. The market did not fully recover before the Lantern Festival. The market atmosphere was still strong and the overall trading volume was light. The market atmosphere has recovered slightly since last week, but due to the overall low market mentality, the actual trading is still cold and the market is mainly wait-and-see. After the introduction of the steel bidding price of some enterprises after the holiday, most of the prices were lower than last month, which had a certain drag on the market mentality. At present, supply and demand remain in a weak balance, and the market lacks clear guidance. In the aftermarket, the market atmosphere is expected to gradually recover as the manufacturers gradually resume construction, but there is no obvious improvement in the downstream demand. It is expected that the aftermarket will still remain stable and weak, and the market will wait for more guidance on steel bidding.

In this cycle, the silicon and manganese market has consolidated and operated, the spot market has weakened, and the steel bidding has been pushed forward. The silicon and manganese price of a steel factory in East China is 7650 yuan/ton, and the acceptance includes tax. The current round of silicon and manganese pricing of Hegang Group is about to be set. It is estimated that around 7600-7650 yuan/ton, the manufacturer’s psychological price is 7700 yuan/ton, and the supply and demand game is anxious and difficult to determine.

Relevant data:

Customs data showed that the total import volume of unwrought manganese, manganese scrap and powder in December 2022 was about 5003.818 tons, down about 16.6% month on month and up 47.85% year on year. In December 2022, the total export volume of unwrought manganese, manganese scrap and powder was about 24929.7 tons, down about 2.28% month-on-month and 28.56% at the same time.

According to the data monitoring of Business News Agency, as of February 13, 2023, the reference average price of 30% grade phosphate ore in China was around 1074 yuan/ton. Compared with February 6 (the reference price of phosphate rock was 1056 yuan/ton), the price increased by 18 yuan/ton, or 1.70%.

It can be seen from the data monitoring chart of the business agency that in the near future (2.6-2.13), the domestic phosphorus ore market as a whole has seen an upward movement. The climate is gradually warming up, the downstream demand for phosphate rock is gradually opening, and the mines have been started in succession. The phosphate rock industry in some regions has raised the price of middle and high-end grade phosphate rock, of which the increase in Guizhou is about 10-30 yuan/ton, and the increase in Sichuan is about 20 yuan/ton. As of February 13, 2023, the domestic market price of 30% grade phosphate ore is around 1050-1100 yuan/ton, and the price of 28% grade phosphate ore is around 950-980 yuan/ton. The reference price of 32% grade phosphate ore is around 1180-1250 yuan/ton. There is also a gap between the specific price and the raw ore specification and the powder to lump ratio, and the specific price needs to be negotiated on a real basis.

Prediction and analysis of the future trend of phosphate rock

At present, the overall trading atmosphere of the phosphorus ore market is relatively quiet. However, with the arrival of the spring planting season, the downstream demand will gradually recover. The phosphorus ore statistician of the business agency believes that in the short term, the domestic phosphorus ore market is mainly stable and strong, and the specific trend needs to pay more attention to the changes in the supply and demand information.

According to the monitoring data of Business News Agency, as of February 10, 2023, the reference price of n-butanol in Shandong Province was 7400 yuan/ton. Compared with February 6 (the reference price of n-butanol was 7833 yuan/ton), the price was reduced by 433 yuan/ton, or 5.53%.

It can be seen from the data monitoring chart of the Business Agency that this week (2.06-2.10), the domestic n-butanol market in Shandong Province was generally weak. This week, the downstream construction of n-butanol was generally started, and the demand side gave limited support to n-butanol. The trading atmosphere of n-butanol on the market was light, and the wait-and-see mood was strong. In addition, the cost support of n-butanol given by the downward market of the raw material side was also weak. Under the insufficient effective support, the market of n-butanol continued to decline. As of February 10, the domestic market price of n-butanol in Shandong Province was around 7200-7400 yuan/ton, and the price was reduced by about 300-500 yuan/ton compared with the beginning of the week.

Aftermarket analysis of n-butanol

At present, the transaction of new orders of n-butanol is cautious, and the demand needs to be gradually opened. The n-butanol statistician of the business agency believes that in the short term, the domestic market of n-butanol in Shandong Province is mainly weak in consolidation and operation, and the specific trend needs to pay more attention to the specific information changes on the supply and demand side.

Market overview: According to the data of the bulk list of the business agency, as of February 9, 2023, the market reference price of diethylene glycol was 5316.67 yuan/ton, down 143.33 yuan/ton or 2.63% compared with the price of February 2, 2023 (5460 yuan/ton).

It can be seen from the data monitoring of the Business Agency that the domestic diethylene glycol market continued to adjust downward this week. At present, the market price range in East China is dominated by consolidation, and the delivery from the reservoir area is relatively stable, with the price at 5320 yuan/ton. The market adjustment in South China is downward, and the downstream demand has not yet fully recovered, and there is resistance to the high price. The carrier lowers the price at 5450 yuan/ton. This week, the speech of the Federal Reserve eased the concern of interest rate increase and boosted the market atmosphere. At the same time, affected by the earthquake in Türkiye, the supply of crude oil in some countries was blocked. International oil prices fell first and then rose, with strong support at the cost end. From the perspective of supply, as of February 6, 2023, the inventory of East China Port was about 44100 tons, an increase of 4800 tons compared with the inventory of last week (39300 tons), with an increase of 12.21%. The overall inventory changed little, and the supply side performed generally; From the perspective of demand, the downstream unsaturated resin started relatively low, the factory has not yet fully started, and the demand is still recovering gradually, which shows that the demand side is weak and difficult to change. On the whole, the support at the cost side is relatively strong, the supply side performs generally, and the demand side is still weak, so the market price of diethylene glycol continues to decline.

At present, the crude oil market is dominated by the supply side. It is expected that the international crude oil price will rise first and then fall next week, and the cost side support will be weak; Although the port inventory goes to the warehouse slowly, the quantity of goods shipped by yards has increased, the market mentality has been boosted, and the downstream factories have gradually increased the load. Before the year, there is little inventory left, and the demand will speed up the recovery process. According to the diethylene glycol analyst of the business agency, the domestic diethylene glycol market is basically guided by the change of demand at present. Although the support at the cost side is insufficient, the short-term market price range is expected to fluctuate with the gradual increase of demand, focusing on the demand increment.

DOP prices rose first and then fell this week

According to the data monitoring of the Business Agency, as of February 7, the price of DOP was 10340 yuan/ton, down 3.45% from 10710 yuan/ton on February 1; Compared with 10310 yuan/ton at the end of last week, up 0.29%. The demand is still weak, and the DOP market rose first and then fell.

The price of raw material isooctanol rose first and then fell

According to the price monitoring of the Business Agency, as of February 7, the price of isooctanol was 10166.67 yuan/ton, down 3.48% from 10533.33 yuan/ton on January 29; Compared with the price of 10666.67 yuan/ton on February 1, the price fell by 4.69%. Replenishment after the holiday was poor, downstream demand remained weak, the price of isooctanol rose first and then fell, the cost of DOP raw materials fell in shock, and the upward momentum of DOP weakened and the downward pressure increased.

The price of raw material phthalic anhydride fluctuated and rose

According to the price monitoring of the business agency, as of February 7, the price of ortho phthalic anhydride was 8250 yuan/ton, up 0.30% from the price of 8225 yuan/ton on February 1; The price rose by 2.17% from 8075 yuan/ton on January 29 at the weekend. Replenishment after the holiday, the cost of phthalic anhydride rose, the price of phthalic anhydride rose, the cost of DOP rose, and the rising power of DOP increased.

Aftermarket expectation

DOP data analysts of the Business Agency believe that the price of isooctanol, the raw material, rose first and then fell, the price of phthalic anhydride rose slightly, the cost of DOP fell, and the downward pressure on DOP increased. In the future, the cost of DOP fell and the demand was weak, and the price of DOP was expected to fall in shock.

Trade name: potassium chloride (imported)

Latest price (February 6): 3900.00 yuan/ton

The domestic market price of imported potassium chloride rose slightly on February 6, 0.86% higher than that on February 3. At present, the arrival price of 60% potassium chloride in Qinghai Salt Lake is about 3500-3600 yuan/ton; The port’s 62% white potassium self-raised price is about 3700-3800 yuan/ton. The self-raised price of 60% Dahong granules at the port is about 3800-4000 yuan/ton. 62% of Russian white potassium in border trade is about 3500-3600 yuan/ton. The port has about 2.6 million tons. The market prices of downstream potassium carbonate and potassium nitrate have declined slightly recently, and the enthusiasm of downstream procurement has weakened.

In the near future, the domestic potassium chloride price may fall slightly, mainly in consolidation. The import market price of potassium chloride is about 3850 yuan/ton.

Price trend in January

According to the monitoring of the bulk list data of the business agency, the price of cryolite rose slightly in January. On January 31, the average market price in Henan was 7975 yuan/ton, up 0.31% from the price of 7950 yuan/ton at the beginning of the month, up 9.25% year on year.

In January, the domestic cryolite market rose steadily, and the prices of cryolite enterprises were mostly stable during the month. Some enterprises increased slightly according to their own shipments after the festival. The upstream start was still low, the raw material supply was tight, the cryolite enterprises were limited to start, the utilization rate of production capacity in the field was low, the cryolite market price remained high, and the downstream side remained just in need of follow-up. The cryolite enterprises shipped on demand, and the market supply and demand performance remained stagnant, Cryolite market is on the sidelines.

Upstream and downstream market analysis

On the upstream side, the domestic fluorite market declined in January. Due to the requirements of safety and environmental protection, the operating rate of mining enterprises was low, the operating performance of fluorite mines was insufficient, and the supply of fluorite was reduced. However, due to the sufficient stock in the downstream, the demand enthusiasm was weakened, and the market price of fluorite was lower. At the end of the month, the average price of fluorite was 3162.50 yuan/ton, which was 4.17% lower than the price of 3300.00 yuan/ton at the beginning of the month.

The market of the downstream aluminum market consolidated in January. At the end of the month, the average price of domestic aluminum ingots in the East China market was 18726.67 yuan/ton, up 0.16% from the average price of 18696.67 yuan/ton at the beginning of the month. At the beginning of the month, aluminum ingots experienced four consecutive falls, and then went up all the way. At the end of the month, two consecutive falls returned to the price near the beginning of the year.

Aftermarket forecast

The support of cryolite raw materials is good, the enterprise quotation remains high, the downstream side purchases as needed, and the market supply and demand are relatively balanced. The cryolite manufacturers mostly maintain a wait-and-see attitude, and adjust the quotation according to the shipment situation. It is expected that the cryolite market will operate steadily at a high level in the future.

1、 Price trend

According to the monitoring data of the Business News Agency, the average price of PS brand 525 at the beginning of January was 9766 yuan/ton, and the average price of PS brand 525 at the end of the month was 9733 yuan/ton, down 0.34%, down 3.63% compared with the same period of the year.

2、 Market analysis

The factory price of domestic PS is weak and downward, and merchants are unable to deliver goods at reduced prices. It will take time for the transaction to recover after the holiday, and the market price reduction is limited. At present, the enthusiasm of small and medium-sized downstream factories for replenishment has declined. On December 30, 2022, the price of perbenzene in the East China market fell by 100 yuan/ton to 8700 yuan/ton, and the price of perbenzene was stable at 10250 yuan/ton.

At the cost side, the basic support is limited, and the market lacks positive support. At the supply and demand side, the supply and demand structure may still be loose. As the profit turns to loss, the pressure on the inventory increases continuously. In the second half of January, there is no shortage of production reduction and negative reduction of devices.

3、 Aftermarket forecast

The overall performance of PS market in January was weak, and it is expected that the price of PS will be mainly in a weak trend.

According to the monitoring of bulk data of Business News Agency, the mainstream price of styrene in Shandong has risen recently. The average price of styrene in Shandong was 8166.67 yuan/ton on the 9th and 8458.33 yuan/ton on the 16th, up 3.57%. The price fell 2.84% year-on-year.

styrene

The market price of styrene has risen recently. It can be seen from the above figure that the recent price of styrene has been mainly fluctuating, and the price continues to rise this week. The international crude oil price has been rising continuously, the pure benzene market has been rising, and the cost support is good. Although the downstream is just needed, the purchase intention is good, which has some support for the market. The styrene market is mainly rising with the cost rise.

In terms of raw materials, pure benzene showed an upward trend this week. The price of pure benzene was 6850-7050 yuan/ton (average price 6950 yuan/ton) on January 9 and 6950-7070 yuan/ton (average price 7060 yuan/ton) on Friday (January 13). The price was 0.31% higher than last week and 1.46% higher than the same period last year.

Downstream, the three major downstream of styrene rose and fell in different ways. At present, the PS market is in a narrow range. This week, the average price of PS ordinary materials is 9733 yuan/ton, and the price is stable. At present, the PS market is flat, with strong cost support, and the number of offers from merchants is gradually decreasing, with few transactions.

The EPS price has declined slightly recently. The overall turnover weakened on a month-on-month basis. The average price of EPS ordinary materials is 10275 yuan/ton, and the buying enthusiasm is not high. The EPS market quotation is weak, and the manufacturers maintain a stable price for shipment, and the terminal demand performance is low.

Recently, the domestic ABS market has risen slightly. According to the data monitoring of the Business News Agency, the average price on January 16 was 11847 yuan/ton, up 0.83% from the average price at the beginning of the month. At present, the downstream factories, including the main terminal appliance industry, prepare goods in a orderly manner, and prepare goods before the festival in the field. The recent demand is fair, and the goods are normally transported in the field. Buyers and merchants followed the market and performed steadily.

The price of crude oil has been rising continuously and the cost support is good, but the Spring Festival is approaching, the transportation is not smooth, and the overall supply and demand before the festival is weakened by shocks, and the styrene market is expected to be dominated by shocks and consolidation.