Recent price trend of hydrochloric acid

As can be seen from the above figure, the comprehensive price of hydrochloric acid in Shandong this week was temporarily stable, with the quotation of 263.33 yuan / ton, a year-on-year decrease of 20.20% compared with the same period last year. On the whole, the hydrochloric acid market was temporarily stable this week, and the hydrochloric acid commodity index was 69.30 on August 20.

The upstream support is general and the downstream procurement is weak

From the manufacturer’s quotation, the manufacturer’s quotation in the hydrochloric acid market this week is temporarily stable and the overall market is general. The quotation of Dezhou Shihua hydrochloric acid is 400 yuan / ton, and the quotation is stable temporarily; The quotation of synthetic hydrochloric acid from Wen Shui is 230 yuan / ton at the weekend, which is temporarily stable compared with that at the beginning of the week; Dezhou Maihua hydrochloric acid quoted 160 yuan / ton at the weekend, which was temporarily stable compared with that at the beginning of the week.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the market situation of upstream liquid chlorine is general and the support for hydrochloric acid is weak, while the high market price of downstream ammonium chloride has a positive impact on hydrochloric acid. Difficult delivery of hydrochloric acid is still a big problem.

Future forecast

The recent market of upstream liquid chlorine is general, the cost support is general, the market of downstream ammonium chloride is high, and the downstream purchase intention is not strong. Business analysts believe that hydrochloric acid is mainly subject to a slight shock in the near future.

The spot tin market price (8.13-8.20) fluctuated downward this week. The average price of the domestic market was 242100 yuan / ton at the beginning of the week and 239891.67 yuan / ton at the end of the week, down 0.91%.

On August 21, the tin commodity index was 122.20, unchanged from yesterday, down 2.75% from the highest point of 125.66 in the cycle (2021-08-18), and up 185.11% from the lowest point of 42.86 on December 9, 2015（ Note: the period refers to the period from September 1, 2011 to now).

In terms of futures, the US dollar index strengthened all the way under the influence of factors such as the reduction of stimulus measures by the Federal Reserve, up to a new high in half a year. The non-ferrous metal market was generally under pressure. Lunxi led the decline on Friday under the dual influence of 130 tons of LME inventory increase. As of the closing of Shanghai tin on the 20th, the settlement price of the main contract of Shanghai tin 2109 was 231240 yuan / ton, down 3.89%, and the overall decline was far less than that of Lunxi.

At present, the domestic spot tin inventory is mainly de stocking, and the overall supply is still tight. Downstream enterprises still maintain just needed procurement, but after the sharp drop in prices this weekend, the spot market inquiry and receiving goods are positive, the transaction atmosphere is significantly improved compared with the previous period, the prices of relevant smelters are falling, the market trading is active, and the overall willingness to receive goods in China is still strong. The production of manufacturers in Yunnan is relatively stable, the supply is better than that in the early stage, and some sources of goods will gradually enter the market, which will alleviate the current supply shortage.

According to the price monitoring of the business community, in the list of commodity prices rising and falling in the 33rd week of 2021 (8.16-8.20), there are 5 kinds of commodities rising month on month in the non-ferrous sector, including 1 kind of commodity rising by more than 5%, accounting for 4.5% of the monitored commodities in the sector; The top three commodities were metallic silicon (7.58%), titanium concentrate (4.65%) and gold (0.71%). A total of 13 commodities fell month on month, and the top three products were copper (- 4.52%), nickel (- 4.09%) and dysprosium ferroalloy (- 2.45%). The average rise and fall this week was – 0.33%. Most nonferrous commodity prices fell this week.

In the future, the business community believes that under the current tight supply, the future tin price will remain high and oscillatory.

Aluminum fluoride market is stable

According to the data of business agency, the price of aluminum fluoride is stable this week, and the market of aluminum fluoride is stable. As of August 20, the domestic price of aluminum fluoride was 8666.67 yuan / ton, which was stable compared with the price of aluminum fluoride on August 13 last week, with a year-on-year decrease of 1.89%. The aluminum fluoride Market operated smoothly this week.

Aluminum ingot price high shock adjustment

According to the monitoring of business society, the aluminum commodity index on August 19 was 112.30, down 1.49 points from yesterday, down 1.31% from the highest point 113.79 in the cycle (2021-08-18), and up 107.12% from the lowest point 54.22 on November 24, 2015（ Note: the period refers to the period from September 1, 2011 to now). This week, the price of aluminum ingots first rose and then fell. On the 18th, the price of aluminum ingots reached a new high, and then the price of aluminum ingots fell. The price of aluminum ingots increased by less than 0.2% this week. Overall, the price of aluminum ingots this week was relatively stable. The aluminum ingot Market is adjusted at a high level, and the rising power of aluminum fluoride price is still weak.

Hydrofluoric acid maintained an upward trend this week

According to the monitoring of business agency, the price of hydrofluoric acid rose this week, but the overall hydrofluoric acid market was stable. The price increase of hydrofluoric acid in August was less than 0.8%, and the hydrofluoric acid market remained stable. Hydrofluoric acid market is stable, and the cost of aluminum fluoride is stable.

Market overview and forecast

Analysts of aluminum fluoride industry of business agency believe that the prices of hydrofluoric acid and fluorite in the upstream of aluminum fluoride industry chain are basically stable this week, the prices of aluminum ingots in the downstream hit a new high, but they are generally stable, and the aluminum fluoride industry chain is strong and stable. Generally speaking, the rising power of aluminum fluoride still exists, which stimulates the rise of aluminum fluoride price, but the rising support is limited, which is difficult to stimulate the rise of aluminum fluoride price. In the future, the aluminum fluoride market is strong and stable.

According to the monitoring data of business agency, as of August 13, the average ex factory price of n-butanol in Shandong was 14833 yuan / ton. Compared with the price on August 9 (the reference average price of n-butanol was 15233 yuan / ton), the average price was reduced by 400 yuan / ton, a decrease of 2.63% within the week; Compared with the price on August 1 (the reference average price of n-butanol was 15100 yuan / ton), the average price was reduced by 267 yuan / ton, a decrease of 1.77%.

This week, affected by the poor transaction of high-end price, the high-end price of n-butanol in domestic Shandong market has been declining since the beginning of the week. On the 9th of the week, the market price of n-butanol in domestic Shandong was around 15000-15400 yuan / ton. On the 13th of the weekend, the market price of n-butanol in domestic Shandong was around 14700-15100 yuan / ton, with a decrease of 300 yuan / ton. At present, After the price of n-butanol went down, the market inquiry atmosphere was good, the low-end price transaction was good, and the downstream butyl users filled their positions at a low price. Most of the purchases were just in need of replenishment. At present, the high-end price transaction in the market is still general. As of the 13th of the weekend, according to the monitoring data of the business agency, the average ex factory price of n-butanol in Shandong was 14833 yuan / ton. Compared with the price at the beginning of this week, the average price was reduced by 400 yuan / ton, a decrease of 2.63% during the week.

Upstream, in late July, the domestic propylene oxide price fell. In August, propylene oxide stopped falling and rose, and the market situation continued to rise. As of August 13, the reference price of propylene oxide was 17025 yuan / ton, an increase of 4.45% compared with August 1 (16300 yuan / ton).

Future analysis of n-butanol

At present, after the price of n-butanol goes down, the goods taking situation in the downstream has improved, the transaction atmosphere has improved slightly, the inventory level of some factories has decreased, and the supply pressure has a certain support for the future market of n-butanol. Therefore, the n-butanol analysts of business society believe that in the short term, the n-butanol market in Shandong can remain stable or slightly callback.

1、 Trend analysis

According to the nickel price monitoring of the business society, the nickel price fell first and then rose sharply this week. As of August 13, the nickel price rose sharply by 4.49%, the spot price was 148133.33 yuan / ton, up 4.49% from 141766.67 yuan / ton at the beginning of the week, up 15.61% from the beginning of the week and up 29.75% year-on-year. The nickel price has been falling weakly since August, until it rebounded from its low in recent two days, basically recovering its decline since August.

At the beginning of the week, as the US non farm data in July was better than market expectations, the Fed narrowed its expectations, resulting in a general decline in metal prices and a slight decline in nickel prices; Later, as the US Senate passed the US $1 trillion infrastructure bill, it will boost metal demand and drive the metal rebound.

Supply: in the early stage, the supply of ferronickel was limited due to the counterattack of the epidemic in Indonesia. In addition, due to the lack of transportation capacity, the price of ferronickel directly broke through the high point in 2017, forcing the continuous general rise of global nickel mines and strong cost support. At present, the overseas epidemic is serious, the epidemic in the Philippines and Indonesia affects export transportation, the return of raw materials is reduced, and the overall supply is still tight.

Downstream: in June, the sales volume of new energy vehicles was 256000, a year-on-year increase of 1.4 times. From January to June, the production and sales volume of new energy vehicles increased by 2 times year-on-year, and the demand for new energy was at a high level; Downstream domestic stainless steel production and sales continued to rise, driving the demand for nickel. Low nickel inventory also supports nickel prices.

To sum up: Recently, the US Senate passed the US $1 trillion infrastructure bill, which will boost metal demand. The overall supply and demand is in a tight pattern, which has strong support for nickel price. However, there is still some pressure to break through the previous high of 150000. It is expected that the short-term high shock pattern of nickel price will be dominated.

In the second week of August, the focus of Shandong propane market continued to move upward, with an obvious increase. According to the data monitoring of business agency, the average price of propane in Shandong market was 4900.75 yuan / ton on August 8 and 4995.75 yuan / ton on August 13. The overall increase rate in the week was 1.94%, an increase of 5.21% compared with August 1.

As of August 13, the mainstream prices of propane in different regions in China are as follows:

region Specifications August 13th

East China Propane,% (V / V) not less than 95 4750-4950 yuan / ton

North China Propane,% (V / V) not less than 95 4950-5000 yuan / ton

Shandong region Propane,% (V / V) not less than 95 4953-5080 yuan / ton

South China Propane,% (V / V) not less than 95 4810-4910 yuan / ton

Central China Propane,% (V / V) not less than 95 4900-5100 yuan / ton

In the second week of August, there was a certain deviation in the trend of propane Market in the South and North. The northern market pushed up obviously. The southern market stabilized first and then consolidated, and the price was loose. However, the overall price of domestic propane market was still at a relatively high level. This week, Shandong propane market rose significantly in the early part of the week, and the price fell slightly by the end of the week, and the mainstream price is still around 5000 yuan / ton. In the early part of the week, the market transaction atmosphere was good, the downstream concentrated on entering the market for replenishment, actively entering the market, the manufacturers shipped smoothly, the inventory was mostly at a low level, the mentality was strong, and the price continued to rise. In the later stage, with the end of centralized replenishment, the propane price rose to a high level, the downstream delisting consumed inventory, and the market transaction atmosphere was lighter than that in the earlier stage. In addition, the international crude oil trend fell and the bad market mentality, the propane market price in Shandong fell slightly on Friday.

Saudi Aramco announced in August that both propylene and butane rose. Propane was 660 USD / T, up 40 USD / T from the previous month; Butane is 655 USD / T, up 35 USD / T compared with the previous month.

At present, the strong port price has brought some support to the market, but the propane price has risen to a relatively high level, the downstream has limited ability to accept high prices, and the off-season has not passed, and the terminal demand is still weak, which has significantly restrained the rise of propane. The current trend of international crude oil is weak, which has brought some bad to the market. It is expected that there is no lack of possibility of small decline in the propane Market in the short term, We still need to pay attention to the trend of international crude oil.

Recent urea price trend

As can be seen from the above figure, the ex factory price of urea in Shandong this week was temporarily stable, with a quotation of 2800.00 yuan / ton, an increase of 56.42% over the same period last year. Overall, the urea market was temporarily stable this week, and the urea commodity index was 130.23 on August 13.

The cost support is weakened, the downstream demand is weakened, and the urea supply is tight

From the manufacturer’s quotation, the mainstream ex factory price of urea in Shandong this week is temporarily stable. Yangmei plain urea has not been quoted this week; Shandong Ruixing urea quoted 2800 yuan / ton this weekend, which was temporarily stable compared with that at the beginning of the week; Open water chemical urea has not been quoted this week.

From the upstream and downstream industrial chain data, the upstream products of urea overall fell slightly this week: the price of LNG fell slightly, and the quotation fell from 5473.33 yuan / ton at the beginning of the week to 5423.33 yuan / ton at the end of the week, a decrease of 0.91%, a year-on-year increase of 119.57% compared with the same period last year; The price of thermal coal fell. The quotation fell from 1097.50 yuan / ton at the beginning of the week to 1057.50 yuan / ton at the end of the week, down 3,64%, up 89.26% year-on-year compared with the same period last year. The price of liquid ammonia was temporarily stable, with a quotation of 4800.00 yuan / ton, a year-on-year increase of 55.68% over the same period last year. The price of melamine in the downstream of urea rose slightly this week, from 13366.67 yuan / ton at the beginning of the week to 13466.67 yuan / ton at the end of the week, an increase of 0.75%.

From the perspective of demand: the transaction is mainly just needed, the agricultural demand is general, and the industrial demand is normal; The operation of downstream compound fertilizer and rubber plate plants is not high, and the operating load rate of melamine enterprises remains high. Most of them are used with mining and followed up with a proper amount of bargain hunting. In terms of supply, urea has entered the off-season of agricultural demand, the early maintenance enterprises have gradually resumed production, and the daily output has increased. On the whole, the urea cost support is strengthened, the downstream demand is weakened, and the urea supply is tight.

The future price of urea is bearish

In the middle and late August, the urea market in Shandong Province may fluctuate slightly. Urea analysts of business society believe that although the maintenance of urea plant is still tight and the supply is tight, at present, the agricultural demand everywhere is declining, the industrial demand is general, the downstream merchants have a strong wait-and-see atmosphere for high-priced urea, and the future market price may fluctuate or fall slightly.

1、 Price trend

According to the bulk data list of business society, the average price of domestic hips on August 13 was 12233.33 yuan / ton, down 1.34% from the beginning of the week, 2.39% from the beginning of the month and 2.91% month on month.

2、 Market analysis

This week, the raw material styrene fell on Monday, and the price stopped falling and rebounded in the middle of the week, but the cost support was insufficient. The hips market price continued to fall. The enterprise’s downward range was about 100-200 yuan / ton, and the downward range of benzene market price was small. At present, the demand in the off-season continues to be weak, and the actual transaction atmosphere is relatively flat. The cargo holders reduce prices and ship goods, while the transparent benzene market is supported by supply and has a certain resistance to decline. However, on the whole, the PS market is weak under the guidance of no obvious benefits. So far, the mainstream price of hips is mostly about 11900-12800 yuan / ton, and the price of benzene is mostly about 10550-11000 yuan / ton. The overall market price is down.

In the international crude oil market, on August 12, the international oil price fell slightly. The settlement price of the main contract in the US WTI crude oil futures market was US $69.09/barrel, down US $0.16, and the settlement price of the main contract in the Brent crude oil futures market was US $71.31/barrel, down US $0.13. Previously, the oil price rebounded sharply for two consecutive trading days due to the improvement of U.S. employment data and fuel demand. However, under the background of the accelerated spread of delta virus, the recovery of global oil demand is still dragged down, and the upward resistance of oil price is heavy.

In terms of raw materials, under the influence of the global epidemic, the prospect of crude oil demand is under pressure. Although pure benzene is supported, the profit point of styrene has been opened, and pure benzene can no longer guide the trend of styrene. The maintenance plan of styrene unit began to be implemented gradually in August, and the inventory fell slightly. The downstream will gradually transition to the peak season, and there are plans for new units to be put into operation. With the operating rate rising gradually, The demand for styrene will also increase slightly. On the whole, the supply and demand of styrene in the short term is better than expected, and the price of raw material pure benzene has stabilized, but there is still no strong support point for the rebound. It is expected that the trend of styrene in the short term will fluctuate and rebound.

3、 Future forecast

The business agency believes that the current off-season demand is poor, the actual transaction atmosphere is relatively light, the cost support is insufficient, and there is no obvious positive guidance in the market. It is expected that the hips market may continue to operate weakly in the short term.

Xinhua news agency, New York, August 10 (reporter Liu Yanan) – international oil prices rose significantly on the 10th.

As of the closing of the day, the futures price of light crude oil for September delivery on the New York Mercantile Exchange rose by US $1.81 to US $68.29 per barrel, or 2.72%; London Brent crude oil futures for October delivery rose $1.59, or 2.30%, to close at $70.63 a barrel.

Aluminum fluoride market picked up

Stimulated by the continuous rise in the price of aluminum ingots, the price of aluminum fluoride fluctuated and rose in August. According to the data of business agency, the domestic price of aluminum fluoride on August 9 was 8666.67 yuan / ton, up 1.96% from 8500 yuan / ton on August 1 at the beginning of the month.

High aluminum ingot price and strong operation

According to the monitoring of business society, the aluminum commodity index on August 8 was 111.40, the same as yesterday, down 0.57% from the highest point of 112.04 in the cycle (2021-05-10), and up 105.46% from the lowest point of 54.22 on November 24, 2015（ Note: the period refers to the period from September 1, 2011 to now). Since June, the price of aluminum ingots has continued to fluctuate and rise, and the aluminum ingot Market has risen strongly at a high level. The aluminum ingot market continues to run strongly, stimulating the rise of aluminum fluoride price, which has a great driving force. In the future, the aluminum price is expected to continue to rise, but the rise is slowing down due to the impact of limited power and trans provincial transportation in the aluminum market.

Market overview and forecast

Analysts of aluminum fluoride industry of business agency believe that: stimulated by the continuous high operation of aluminum ingot prices, the driving force for the rise of aluminum fluoride prices has increased, and the price of aluminum fluoride fluctuated and rose in August. In the future, the aluminum ingot market continues to rise, but the rise is expected to slow down, the rising power of aluminum fluoride in the future slows down, and the future price of aluminum fluoride is expected to stabilize.