Category Archives: Uncategorized

Multiple positive factors support propylene glycol price to rise more than 9% in the four days

According to the monitoring data of the business agency, as of April 12, the reference ex factory price of domestic industrial grade propylene glycol was 16766 yuan / ton. Compared with April 8 (reference price was 15333 yuan / ton), the average price increased by 1433 yuan / ton, or 9.35%. Compared with April 1 (reference price 15900 yuan / ton), the average price increased by 866 yuan / ton, or 5.45%.

 

Azodicarbonamide (AC foaming Agent)

Multiple positive factors supported propylene glycol’s 4-day rise by more than 9%

 

In April, the trend of raw material cyclopropane was weak, and the support for propylene glycol was reduced. Since the beginning of this month, the overall price of domestic propylene glycol market was weak and fell slightly. The transaction of low price propylene glycol was relatively smooth, and the stock pressure on the floor was small. Since the 8th, the price of propylene oxide, the raw material, has been continuously callback, and the support for the cost of propylene glycol has been gradually strengthened. In addition, the sudden increase of propylene glycol export orders has led to the low level of propylene glycol inventory in the market. The domestic downstream demand gap is large, and the factories sell more single products. The overall trading atmosphere of propylene glycol is still good, and the ex factory price of propylene glycol has risen sharply. On the 12th, the domestic propylene glycol market price continued to rise, Shandong wells propylene glycol factory price rose to 17000 yuan / ton, compared with the price of 15300 yuan / ton on the 6th, the price rose 1700 yuan / ton. At present, the reference factory price of propylene glycol in Shandong is around 16500-17000 yuan / ton. Compared with the 8th, the price has increased by 1200-17000 yuan / ton, and the average price has increased by 1433 yuan / ton, with an increase of more than 9% in 4 days. At present, the high-end quotation is 18000 yuan / ton, with few high-end price transactions, and the overall market trading atmosphere is tense.

 

In terms of raw materials, after the Qingming Festival, the market price of raw material propylene oxide rebounded slightly after reaching the bottom. After the festival, the factory pressure was relieved, and the market price rose slightly. The price remained stable at 17900-18000 yuan / ton at the weekend. At present, cyclopropane and its downstream derivatives are still generally at a relatively high level, domestic trade is cautious, terminal small band just need to purchase, propylene oxide factory inventory remains low, inventory pressure is small. The attitude of the operators is moderate.

 

Export is still good in the short term, propylene glycol changes limited, multidimensional stable high run

 

At present, the trading atmosphere of propylene glycol is fairly active. On the supply side, after an unexpected short stop in Shandong shidashenghua Jining production area, I heard that there is a plan to resume driving in the near future. The supply of propylene glycol will increase with the increase, but the export orders from the demand side are still supporting, and the propylene glycol inventory in the yard can still be at a low level. Therefore, business community propylene glycol analysts believe that in the short term, the fundamental changes in the propylene glycol market are limited, and the overall market is mostly stable and high-level operation. In particular, we need to pay close attention to the changes in the supply and demand side of cyclopropane as well as the changes in the mentality of practitioners.

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Urea reduction increases and signs of stabilization increase

During the Qingming Festival, the price of urea in many places continued to decline. At present, the mainstream ex factory price of urea in Shandong is 2080-2100 yuan (ton price, the same below), the receiving price of urea in Linyi is 2110-2120 yuan, the mainstream ex factory price of urea in Hebei is 2110-2120 yuan, the mainstream ex factory price of urea in Henan is 2060-2080 yuan, the mainstream ex factory price of urea in Shanxi is 2020 yuan, and the price of big granule is 2 yuan However, after the Qingming Festival, the quotations of various regions have stabilized. In addition, some enterprises in Shandong and Inner Mongolia have stopped production and limited production due to plant problems. In addition, some enterprises are still in the process of stopping production in the near future. According to statistics, the physical output of urea in China is about 156000 tons, which is nearly 2000 tons less than that before the Qingming Festival. Although the overall output is higher than that of the same period last year, there are more signs of enterprise stabilization after the reduction Considering the demand of the industrial market, the market performance has slightly improved. However, judging from the current situation, the price of urea is still likely to decline, mainly reflected in the following aspects:

 

First of all, there are too many low price goods in the market. Because the price rose too fast last time, most enterprises focused on the export market, and the overall domestic price was relatively low. Although the transaction price was different at that time, it was mostly lower than the current enterprise’s quotation. In the early stage of the enterprise’s main export market, because the export quantity was relatively low, most enterprises had little to consume at present, even if there were domestic orders waiting to be issued, but the price was low After the arrival of the goods, the downstream market has limited ability to accept the high price. At present, the goods in circulation in the market are still inversely linked to the price implemented by the factory at the present stage. In addition, the second batch of goods of light storage have started to be sold recently. Even if the price of urea has gone up recently, the price of urea is relatively low. If the enterprise wants to stabilize the shipment, the price may still decline.

 

Secondly, the supply pressure is relatively large. Even though the recent reduction of urea production, the domestic urea output remains at a relatively high level, and in the near future, some enterprises that stop production and limit production are about to resume production. According to the resumption time of each factory, the urea output will return to more than 160000 tons by April 10 at the latest. Without a large amount of demand as the premise, such a high output rate will make the factory become more passive and the price is low On the other hand, there is also the possibility of backflow in ports: because the bidding amount of this time is lower than the expectation of the domestic market, but the number of port deposits is relatively large, some port traders may sell goods in ports for the purpose of capital backflow.

 

Finally, the actual market demand is not too large. At the present stage, agricultural demand in some regions still exists, and the market demand for industrial high nitrogen fertilizer is not small. However, it is learned from the market that the start-up of agricultural demand in many places is not unified. According to the feedback of compound fertilizer enterprises, their own raw material urea inventory is relatively sufficient, there is no large amount of procurement in the short term, and there are relatively more downstream watchers, so the price may decline.

 

To sum up, there is a slight sign of stabilization in the urea market in the near future, but the price of urea in the market is still in the upside down stage at the present stage. In view of the current supply and demand relationship, it is not enough to support the stabilization of urea, and urea may decline in the later stage.

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OPEC cuts daily oil demand growth forecast

According to foreign media reports, on March 31 local time, the OPEC Joint Technical Committee lowered its forecast for the growth of global oil demand in 2021 to 5.6 million barrels from the previous 5.9 million barrels.

 

At the meeting of the Joint Technical Committee held on March 31, OPEC Secretary General barjindo said that despite further positive progress in world vaccination and financial stimulus in the first quarter, the economic environment is still full of challenges, complexity and uncertainty. Baljindo said that the forecast of global crude oil demand in 2021 will be slightly adjusted, and the daily demand will increase by 5.6 million barrels. “It should not be forgotten that the average daily demand in 2020 dropped sharply by 9.6 million barrels.”

 

At present, the international oil price continues to fall after hitting the high point in the early stage, because although the progress of vaccination is accelerating, there is a very unbalanced phenomenon in the world, and the epidemic situation is accelerating in some parts of the world. In the United States, due to the relatively smooth progress of vaccination and obvious signs of economic recovery, according to the OPIs data of IHS Markit, gasoline sales have been 16% higher than the pre epidemic level.

 

However, due to the slow vaccination in Europe, the epidemic situation revived, and many countries implemented stricter blockades again, which greatly reduced the use of oil and gas. Kirduff, a partner of again capital, said the news from Europe made the oil market very uneasy and the epidemic situation worsened, which means that oil demand will be hit again and oil prices will be under pressure.

 

A source familiar with Saudi Arabia’s oil production policy recently revealed that Saudi Arabia is ready to push OPEC and non OPEC oil producing countries to extend the current oil production reduction policy to May and June to boost oil prices.

 

OPEC and non OPEC oil producing countries held a meeting on April 1. Four sources told Reuters last week that the new round of “city closures” caused by the epidemic may prompt the major oil producing countries to decide to extend their production reduction policies to may at the meeting. One of the sources said that Saudi Arabia hopes to extend the production reduction to June.

 

OPEC and non OPEC oil producers are now cutting production by about 7 million barrels a day, while Saudi Arabia voluntarily cuts production by an additional 1 million barrels a day. Last year, the output reduction of major oil producing countries was as high as 9.7 million barrels per day, accounting for about 10% of global crude oil supply.

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Poor deal, neodymium rare earth prices fell significantly

According to the monitoring of business society, the price index of domestic rare earth market fell slightly. The price of domestic praseodymium and neodymium rare earth dropped significantly. The price of heavy rare earth market remained high, while the price of domestic rare earth market fell slightly. According to the rare earth plate index of business society, the rare earth index on April 1 was 569 points, down 1 point from yesterday, and 1000 points from the highest point in the cycle (2011-01) 2-06), down 43.10%, up 109.96% from the lowest point of 271 on September 13, 2015. (Note: period refers to 2011-12-01 to now).

 

calcium peroxide

It can be clearly seen from the rare earth index chart that the domestic rare earth prices have slightly rebounded. Recently, some prices in the rare earth market have gone down, and the rare earth market has cooled down. In terms of products:

 

It can be clearly seen from the product price trend chart that domestic neodymium oxide and metal neodymium decreased significantly, while the prices of praseodymium neodymium oxide, praseodymium neodymium alloy, praseodymium oxide and metal praseodymium dropped slightly. As of April 2, the price of domestic rare earth neodymium oxide was 622500 yuan / ton, 8.46% lower than that at the beginning of March; the price of metal neodymium was 777500 yuan / ton, 6.89% lower than that at the beginning of March; the price of praseodymium neodymium oxide was 0 yuan / ton The price of praseodymium alloy is 715000 yuan / ton; the price of praseodymium oxide is 522500 yuan / ton; and the price of praseodymium metal is 675000 yuan / ton. The domestic market of light rare earth has dropped slightly.

 

In recent years, the rare earth market has been fluctuating and declining. According to the feedback of some enterprises, the overall trading volume has declined, and the downstream permanent magnet is mainly purchased on demand. However, in the early stage, the manufacturers are actively preparing goods, and the on-site inventory has increased, which leads to the downstream purchasing is not active, and the market price of light rare earth is lower. The sales of new energy vehicles are fair, which has driven the development of many industries. According to the insiders, the rare earth gap is likely to continue throughout 2021. The main rare earth raw materials of high performance NdFeB are light rare earth praseodymium neodymium oxide, heavy rare earth dysprosium oxide and terbium oxide, which are used in new energy vehicles, wind power, energy-saving frequency conversion air conditioning, traditional vehicles and other fields. According to statistics, new energy vehicles continue to break the historical record of single month sales. According to the data released by the China Association of automobile industry, in the first and middle of March, 11 key enterprises completed 1.267 million vehicles, an increase of 1.2 times over the same period last year. Among them, 1.013 million passenger cars were produced, a year-on-year increase of 1.3 times; 254000 commercial vehicles were produced, a year-on-year increase of 1 times. In addition, some domestic light rare earth market prices remain stable. Recently, the domestic market price of heavy rare earths has maintained a high level.

 

It can be seen from the trend chart that the domestic price of dysprosium series remained at a high level, with the price of dysprosium oxide at 3.06 million yuan / ton as of the 2nd, the price of dysprosium ferroalloy at 3.02 million yuan / ton, the price of dysprosium metal at 3.9 million yuan / ton, and the domestic price of terbium series dropped slightly, with the domestic price of terbium oxide at 9.65 million yuan / ton and the price of metal terbium at 12.25 million yuan / ton. The reasons for the high price of domestic heavy rare earth market include the political turmoil in Myanmar and the concentration of global rare earth supply. Myanmar is one of the production areas next only to China and the United States. Myanmar has a great influence on the domestic heavy rare earth market products. The import source has decreased significantly. The sharp contradiction between supply and demand in the domestic heavy rare earth market has led to the high price of heavy rare earth. In addition, the domestic production of heavy rare earth is normal, and it can be said that the domestic demand for heavy rare earth is weak. The domestic rare earth purchase and storage plan is a good support for the domestic price of heavy rare earth.

 

The Ministry of industry and information technology has openly solicited opinions on the “Regulations on rare earth management (Draft)”, proposed that the state should implement total index management on rare earth mining and smelting separation, implement rare earth resource areas and strategic reserves of rare earth products, and for the first time clarify the punishment regulations for enterprises violating the regulations. Industry insiders believe that the draft reflects the government’s strengthening control over the rare earth industry, and makes clear the punishment for illegal enterprises for the first time, which is conducive to the healthy development of the industry. Since 2021, the prices of mainstream rare earth varieties have been on the rise, while the prices of heavy rare earth mainstream varieties have increased significantly. It is estimated that the price of rare earth is expected to start a long bull trend in 2021, and the profits of leading companies in the upstream of rare earth industry chain are expected to be fully released.

 

In 2021, the first batch of rare earth mining, smelting and separation total amount control indicators increased significantly, which is related to the strong downstream demand. The Ministry of natural resources issued the total amount control indicators of rare earth mining in 2021. In 2021, the total amount control indicators of the first batch of rare earth mining (rare earth oxide REO, the same below) in China were 84000 tons, including 11490 tons of ionic (mainly medium and heavy rare earth) rare earth ore and 11490 tons of rock ore The index of type (light) rare earth ore is 72510 tons. The first batch of tungsten concentrate (tungsten trioxide content 65%, the same below) has a total mining control index of 63000 tons, of which the main mining index is 46890 tons and the comprehensive utilization index is 16110 tons. In 2021, the total amount of rare earth and tungsten mining will continue to be controlled, the state policy is favorable, and the trend of most products in the rare earth market will be stable.

 

With the continuous volume of new energy vehicles, wind power and variable frequency air conditioning in the downstream of rare earth, it is expected to drive further growth of demand. The global supply gap of rare earth is expected to continue to expand. The domestic demand for rare earth remains high, and the domestic supply of Rare Earth starts to work normally. However, the recent on-site transaction is poor, and the purchase is not active. Chen Ling, a business analyst, predicts that the market price of rare earth will be light in the near future The local market price may go down slightly.

Potassium monopersulfate

Sulfur market trading was flat, price fell slightly in the week (3.22-3.28)

According to the price monitoring of business news agency, the price of sulfur in East China decreased slightly this week. The average price of sulfur production at the weekend was 1476.67 yuan / ton, down 0.89% compared with 1490.00 yuan / ton at the beginning of the week, up 7.52% compared with the beginning of the month.

 

Stannous Sulphate

This week, the domestic sulfur market was weak, the inventory of domestic refineries in various regions remained low, the downstream factories were not enthusiastic about purchasing in the market, and the market trading was quiet. During the week, the domestic refineries adjusted their prices according to their own shipment situation. Except for Sinopec’s sulfur quotation in East China, Sinopec’s solid-liquid sulfur quotation in North China and Shandong decreased by 20 yuan / ton, and the overall market quotation decreased slightly. As of the 28th, the regional price of sulfur in China is as follows:

28 March 2005

Sulfur (particle) 1430-1490 yuan / ton in East China

1360-1450 yuan / ton of sulfur (particle) in North China

Sulfur (particle) 1480-1510 yuan / ton in Shandong Province

In the downstream phosphate fertilizer market, the market of monoammonium phosphate and diammonium phosphate is weak and stable, and the fertilizer market is in the peak sales season. The demand of the downstream market is good, but the short-term rise is slowing down, and the future market is temporarily stable. In terms of sulphuric acid, the market in Shandong is volatile, with the price falling first and then rising, with an increase of 3.09% in the week. At present, the main acid enterprises in Shandong stop for maintenance, the market supply is tight, and the price rises flexibly. The downstream does not accept high prices, and the rising space is limited. It is expected that the sulphuric acid market will rise slightly in the future.

 

Sulfur analysts of business news agency believe that at present, domestic refineries’ inventory remains low, downstream demand is weak, on-site trading is weak, operators’ mentality is mainly wait-and-see, the market lacks effective information guidance, and supply and demand performance is stable. It is expected that the sulfur market will run stably in the future, and pay attention to the downstream follow-up situation.

Chitosan oligosaccharide

High and stable price of lithium hydroxide Market (3.22-3.28)

1、 Price trend of lithium hydroxide

 

Azodicarbonamide (AC foaming Agent)

(Figure: p-value curve of lithium hydroxide product)

 

2、 Market analysis

 

According to the data of the business club’s block list, as of March 28, the average price of domestic industrial lithium hydroxide enterprises was 75000 yuan / ton, which was the same as that at the beginning of the week, increased by 15.98% compared with February 28, and increased by 31.58% compared with the same period last year. This week, the market of industrial grade lithium hydroxide was stable at a high level, with enterprises mainly delivering early-stage orders, and the downstream demand was relatively stable.

 

According to customs statistics, in February 2021, China’s lithium hydroxide import volume was 3.5 tons, the import amount of the month was about 59600 US dollars, and the average import price of the month was 17007.71 US dollars / ton. According to customs statistics, in February 2021, China’s lithium hydroxide export volume was 4879.79 tons, the export amount of that month was about US $42.36 million, and the average export price of that month was US $8680.15/ton.

 

According to the price monitoring of upstream lithium carbonate, the market price of lithium carbonate in East China continued to rise steadily in March 2021. As of March 26, the average price of industrial grade lithium carbonate in East China was 86600 yuan / ton, up 11.6% compared with the average price at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 77600 yuan / ton on March 1). On March 26, the average price of battery grade lithium carbonate in East China was 90200 yuan / ton, up 8.94% compared with the average price at the beginning of March (the average price of carbon in East China was 82800 yuan / ton). Until the 26th, the comprehensive price of industrial grade lithium carbonate was between 82000-89000 yuan / ton, and that of battery grade lithium carbonate was between 86000-92000 yuan / ton.

 

According to the price monitoring of the business community, in the list of commodity prices in the 12th week of 2021 (3.22-3.26), there were 24 kinds of commodities in the chemical industry sector that rose month on month, of which 2 kinds of commodities increased by more than 5%, accounting for 2.2% of the number of commodities monitored in the sector; the top 3 commodities were liquid ammonia (8.00%), potassium chloride (5.78%) and n-butanol (industrial grade) (4.93%). There were 33 kinds of commodities with a month on month decrease, and 4 kinds of commodities with a decrease of more than 5%, accounting for 4.3% of the number of commodities monitored in this sector; the top 3 products with a decrease were crude benzene (- 9.03%), calcium carbide (- 8.91%) and chloroform (- 5.86%). The average rise and fall this week was – 0.21%.

 

3、 Future forecast

 

Business community lithium hydroxide analysts believe that in the near future, the upstream lithium carbonate is relatively strong and the demand side is stable. It is expected that in the short term, the domestic industrial lithium hydroxide market may run stably at a high level, and the specific trend needs to pay more attention to the market information guidance.

ferric sulfate (Poly ferric sulphate)

Strong operation of epichlorohydrin Market

1、 Price trend of epichlorohydrin

 

povidone Iodine

(Figure: p-value curve of epichlorohydrin product)

 

2、 Market analysis

 

March 29 epichlorohydrin market rose. According to the data of business news agency’s block list, as of March 29, the average quoted price of epichlorohydrin enterprises was 12066.67 yuan / ton, up 2.26% compared with last Friday’s price, up 6.78% compared with the price at the beginning of the month, and down 3.47% year-on-year in a three-month cycle.

 

For upstream propylene, the market price of propylene in Shandong remained stable on March 29. According to the price chart of the business society, affected by the upstream and downstream, the propylene price rose again and again in the second half of February, which was at a high level for many years. It was generally stable at the end of the month and the beginning of the month. The price began to decline on the 4th, and generally rebounded on the 8th. The price rose 150-250 yuan / ton in two days, and then generally stabilized. The price rose about 50 yuan / ton again on the 12th, and continued to rise 50 yuan / ton on the 15th, starting from the 16th Since the 18th, the price has entered the downward channel again, with a daily drop of 100-150 yuan / ton. Since the 25th, the price has been generally stable, with some small changes in individual enterprises. At present, the market transaction is still between 7800-8400 yuan / ton, and the mainstream price is about 7800 yuan / ton.

 

Downstream epoxy resin, in March 29th East China liquid epoxy resin continued to push up, the surrounding manufacturers focused on price adjustment, local market mainstream discussion of the offer rose to 33000-33500 yuan / ton, the factory more delivery orders.

 

3、 Future forecast

 

According to epichlorohydrin analysts of business news agency, in the near future, propylene epichlorohydrin cost support is general, glycerin cost support is relatively strong, manufacturers are willing to hold and support prices, coupled with the increase of export orders to boost the market mentality, the low price supply in the market is reduced, and downstream small orders mainly need replenishment. It is expected that in the short term, epichlorohydrin market may be on the rise, and more attention should be paid to market information guidance .

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Trend of polyaluminum chloride weakens, and the short-term impact of some manufacturers’ shutdown is small

Commodity index: on March 25, the polyaluminum chloride commodity index was 92.90, which was the same as yesterday, decreased by 14.78% compared with 109.01 (August 28, 2019), the highest point in the cycle, and increased by 10.18% compared with 84.32, the lowest point on August 18, 2020. (Note: period refers to from April 1, 2019 to now)

 

Chitosan oligosaccharide

The monitoring found that more than a month after the end of the 2021 Spring Festival holiday, the mainstream market of polyaluminum chloride in Henan Province of China has been fluctuating and down. As shown in the figure, on February 18, the domestic mainstream price of solid (industrial grade, content ≥ 28%) polyaluminum chloride was 1791.67 yuan / ton, and on March 25, the mainstream price was 1718.57 yuan / ton, down about 4%. The water treatment plants in the main production areas of Henan Province are now in normal production, and the output is normal; the cost of raw material hydrochloric acid fluctuates slightly, and the impact on the market of polyaluminum chloride is not obvious. During this period, the biggest factor affecting the market is the downstream demand. Since the commencement of the project, the purchasing demand of water treatment products is gradually recovering. With sufficient supply, the overall price is relatively weak.

 

Industrial chain: as shown in the figure, first of all, in terms of upstream raw materials, the data of business society shows that after the Spring Festival, the trend of hydrochloric acid in North China fluctuates, with the mainstream quotation of 122 yuan / ton on February 18 and 192 yuan / ton on March 25. The upstream liquid chlorine market is general, the cost support is poor, the maintenance of downstream enterprises of hydrochloric acid increases, the demand decreases, the hydrochloric acid supply enterprises have more inventory, the downstream purchasing enthusiasm is general, the market supply exceeds the demand; the downstream silica and ammonium chloride market have their own ups and downs, and the hydrochloric acid mainly fluctuates slightly. During this period of time, the price change of hydrochloric acid has less obvious impact on the market of polyaluminum chloride.

 

Secondly, the natural gas used in the production of polyaluminum chloride. During the Spring Festival in February, Shandong’s civil gas market was staged, with different trends before and after the festival. Before the festival, the market was mainly weak, and after the festival, the market was on a short roller coaster. In March, the LPG market changed its decline and returned to the rising route. Shandong’s civil gas market rose significantly, and began to fall continuously in mid March. This week, it was hard to look forward to the rising market, but it was blocked again The rally has not continued. According to the data monitoring of business society, the average price of LPG in Shandong market was 3676.67 yuan / ton on February 1, and 3843.33 yuan / ton on March 25, with a range of 4.5%. At present, due to many negative factors in the market, Shandong civil gas market is expected to be easy to fall but difficult to rise in the future. The subsequent LPG is weak, which has little impact on the cost of water treatment products.

 

Downstream demand: affected by the sharp rise in upstream raw material prices, the cost of polyacrylamide has increased significantly. From the perspective of the conductivity of upstream and downstream industrial chains, there is room for the rise of polyacrylamide at least 4000 yuan / ton. However, since the Spring Festival, the water treatment project is not the peak period of construction, especially at the end of the heating season, when the demand is weak, the rising trend of polyacrylamide price has not continued, and the goal is to improve The former drop rate is about 500 yuan / ton.

 

Downstream demand: at present, the demand of downstream manufacturers has not fully recovered. The manufacturers in Gongyi area of Henan Province should stop production according to the requirements of environmental protection, and the inventory will be consumed in succession. In the spring of Jin San Yin Si, the demand for water treatment will gradually increase, and the consumption of inventory will also accelerate.

 

Future forecast: according to the analysis of the business community, the macroeconomic environment in 2021 will have a greater impact on the whole of bulk commodities. Under the general trend of inflation caused by the global central bank’s water release, the price of raw materials will gradually rise. However, as far as the water treatment industry is concerned, in recent years, the main production areas of Henan Province have stopped production for environmental protection, the supply has decreased, the inventory has been gradually consumed, and the downstream demand has gradually recovered. It is expected that the future price will be stable. It can not be ruled out that the long-term shutdown will lead to a substantial reduction in inventory, resulting in a shortage of goods and a rise in price.

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Nigeria’s crude oil production fell 19.6% in the fourth quarter

According to oil and gas news on March 20, Nigeria’s crude oil production fell 19.6% in the fourth quarter of 2020 to an average of 1.52 million B / D, compared with 1.89 million B / D recorded in the fourth quarter of 2019.

 

Chitosan oligosaccharide

The Central Bank of Nigeria (CBN) disclosed this in its economic report for the fourth quarter of 2020. According to the report, of the 1.52 million B / D produced during the period under review, an average of 1.07 million B / D was used for exports and the rest for domestic consumption.

 

The decline in oil production is due to Nigeria’s commitment to OPEC + production reduction agreement, which aims to support the rebalancing of crude oil market and price.

 

However, Nigeria’s production is expected to increase from January 2021, as OPEC + has agreed to increase its total production by 500000 B / D by January 2021, until it gradually achieves its target of 2 million B / D in the doc.

 

“Domestic crude oil production and exports declined slightly in the fourth quarter of 2020, as OPEC + maintained its production reduction agreement by increasing compliance by Nigeria and other participating countries,” it explained.

 

In the fourth quarter of 2020, Nigeria’s crude oil production (including agbami) is estimated to decline by 10000 barrels per day, or 0.7%, to an average of 1.52 million barrels per day in the fourth quarter of 2020 and 1.53 million barrels per day in the third quarter of 2020. ”

Bacillus thuringiensis

Price trend of domestic fluorite market in China is temporarily stable this week (3.15-3.19)

According to statistics, the price trend of domestic fluorite was temporarily stable this week. By the end of the week, the average price of domestic fluorite was 2766.67 yuan / ton, which was the same as the price of 2766.67 yuan / ton at the beginning of the week, with a year-on-year decrease of 18.63%.

 

Bacillus thuringiensis

This week, the price trend of fluorite remained at a high level. Recently, the manufacturers reported that the order situation of fluorite was general, the shipping situation of merchants in the yard was normal, the supply of fluorite in the yard was normal, and the price trend in the yard was temporarily stable. The domestic fluorite manufacturers are running stably. The start-up of mines and flotation units in the fluorite yard remains at a low level. The delivery of fluorite in the fluorite yard is general, and the price trend of fluorite market is stable. By the end of the weekend, the price of 97 fluorite wet powder was 2500-2700 yuan / ton in Inner Mongolia, 2700-2900 yuan / ton in Fujian, 2700-2900 yuan / ton in Henan and 2700-2900 yuan / ton in Jiangxi. The price trend of domestic fluorite in the near future stable.

 

The price trend of fluorite downstream hydrofluoric acid market rose slightly. By the end of the week, the domestic hydrofluoric acid market price was 10622.22 yuan / ton, up 0.1% this week. The price trend of hydrofluoric acid market had a certain positive support for the upstream fluorite market, and the price trend of fluorite remained high. The domestic refrigerant market is on the rise. Recently, the automobile industry’s sales market has improved, and the refrigerant market has improved. The demand is mainly based on demand. The refrigerant industry is on the rise, and the market of various types of refrigerants has increased slightly. However, the manufacturers are under pressure to ship, the sales pressure is large, the price of raw material hydrofluoric acid is rising, which brings a certain cost support, and the export volume of refrigerants has little change The output of downstream air conditioning is low, the demand is scarce, the off-season effect of after-sales market continues, and the price of refrigerant increases little. On the whole, the positive factors support the refrigerant market generally, and the price increase is limited. At present, the load of refrigerant R22 manufacturers is not high, the inventory is in a reasonable range, and the market price is slightly higher, but the downstream receiving capacity is limited, there is a lot of wait-and-see mood, the delivery of goods is not smooth, the actual transaction focus is slightly rising, some businesses still have the phenomenon of cost inversion, and the mainstream of on-site negotiation is 15500-17500 yuan / ton. Low load operation of domestic R134a manufacturers supported the price trend of R134a to rise slightly. However, the current demand is not good, the downstream enterprises are not high, and the traders are in a strong wait-and-see mood. At present, the market quotation of refrigerant R134a is mostly in the range of 19000-23000 yuan / ton, and the price is high, but the transaction atmosphere is general. The downstream refrigerant market has improved, and the price trend of fluorite remains at a high level.

 

On the whole, the market of the downstream refrigerant industry has slightly improved. In addition, the price of hydrofluoric acid market has a rising trend in the near future. In addition, the supply of fluorite in the market is slightly tight. Chen Ling, an analyst of business society, believes that the fluorite market price may rise slightly in the short term.

Chitosan oligosaccharide