According to statistics, domestic hydrofluoric acid prices declined this week, the price at the end of the weekend was 12775 yuan/ton, down 3.58% from 13250 yuan/ton at the beginning of the week and 7.20% from the same period last year.

Products: Hydrofluoric acid prices continued to fall this week, enterprises reflect that the current on-site supply of hydrofluoric acid is sufficient, the recent on-site situation has deteriorated, some enterprises have increased hydrofluoric acid inventory, factory prices continue to fall, but due to high domestic fluorite prices, the market price trend of hydrofluoric acid slightly declined, the current mainstream of hydrofluoric acid negotiations in the southern region is about 1250 yuan/ton. The price of hydrofluoric acid in the northern market ranges from 1250 to 13000 yuan/ton. In the near future, the northern region will be affected by the rain and snow weather. Some hydrofluoric acid plants will be parked and repaired. The price of hydrofluoric acid market will fall by a limited margin. Domestic hydrofluoric acid market prices slightly lower, due to the recent downstream refrigerant industry equipment overhaul more, the market is not good, the market price of hydrofluoric acid is lower. By the end of the weekend, the mainstream of domestic negotiations on hydrofluoric acid in Fujian was about 12 500 yuan/ton, the price of hydrofluoric acid in Shandong was 12 500 yuan/ton, that of hydrofluoric acid in Jiangxi was 12 500 yuan/ton, that of hydrofluoric acid in Inner Mongolia was 12 500-13 000 yuan/ton, and that of hydrofluoric acid was slightly lower.

Industry chain: The price of fluorite in the upstream of hydrofluoric acid is stable this week. The factory price of fluorite is 3600 yuan/ton by the end of the week. The fluorite trend is stable this week. Recent fluorite plant start-up is at a low level. The rate of fluorite plant start-up in Inner Mongolia and Hebei provinces continues to decline. On the whole, the supply of fluorite is limited, the price of fluorite remains high, and the high price of upstream raw materials is the market belt of hydrofluoric acid. With substantial positive impact, the price decline of hydrofluoric acid market is limited. Recent downstream refrigerant product maintenance devices are more, the demand for upstream fluorite and hydrofluoric acid has weakened, the recent downstream refrigerant trading market has declined, and the price of hydrofluoric acid products has slightly decreased. Recent downstream refrigerant product maintenance devices are more, the demand for upstream fluorite and hydrofluoric acid has weakened, the recent downstream refrigerant trading market has declined, and the price of hydrofluoric acid products has slightly decreased. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 70%, R22 refrigerant facility start-up rate declines, the main production enterprise bulk water out-of-factory offer price drops to 17500-18500 yuan/ton, but the production enterprise does not have bulk water spot, mainly with a small number of cylinders shipped. In addition, the actual demand side of the market has declined, and the shipment market trend is poor. The domestic market price of R134a is slightly lower, the start-up rate of production enterprises is lower, the market demand for refrigerants is weakened, and manufacturers mainly export their products. However, the on-site transaction price does not change much, and the merchants purchase on demand. Recently, due to the impact of equipment maintenance, the upstream market demand for hydrofluoric acid has weakened. Aluminum fluoride prices of downstream products have recently declined, from 13300 yuan/ton at the beginning of this week to 13200 yuan/ton at the end of the week. The price trend has declined by 0.75%. Recently, the market price of hydrofluoric acid has slightly declined due to the bad market conditions.

Industry: This week, the upstream raw material fluorite and hydrofluoric acid Market devices started to slightly lower, but the downstream refrigerant industry overhaul devices increased, hydrofluoric acid market prices slightly lower.

Recent domestic refrigerant plant overhaul is more, the market demand for hydrofluoric acid is decreasing, and the spot supply of hydrofluoric acid is sufficient, but the raw material market price is still at a high level. Chen Ling, an analyst of hydrofluoric acid business association, believes that the market price of hydrofluoric acid will decline slightly next week, and the price of hydrofluoric acid will be about 12,500 yuan/ton.

Iraq’s oil exports surged in December compared with November, due to a slow temporary recovery in November after a year of stagnation, an increase in exports from the northern Kirkuk oilfield and a record high in exports from the southern port of Basra.

In December 2018, Iraq’s oil exports averaged 3.726 million barrels a day, compared with 3.372 million barrels a day in November, when exports fell to their lowest level in seven months due to bad weather at the southern port.

Reuters quoted a statement from the Iraqi Ministry of Oil on Wednesday as saying that Iraq’s oil exports from Basra terminal in December averaged 3.63 million barrels a day, a record high, higher than last month’s average of 3.363 million barrels a day.

According to the Iraqi Ministry of Oil, federal exports from Kirkuk Oilfield to the Mediterranean Port of Seihan, Turkey, surged from an average of 8716 barrels a day in November to 99,000 barrels a day in December.

In mid-November, Iraq resumed oil exports from Kirkuk Province, where oil flows were halted a year ago due to disputes with the Kurdistan region. After a referendum held in the semi-autonomous region that Baghdad did not recognize, the Iraqi federal government took over the Kirkuk oilfield from Kurds in October 2017, shutting down about 300,000 barrels of crude oil per day that had previously been transported and exported to Seihan in Kirkuk Province. However, the only export of Kirkuk’s oil is the Kurdistan Regional Government (KRG) pipeline. Iraq and KRG use the federal government’s export pipeline to reach agreements in Baghdad.

According to the nickel price monitoring of the business community, the spot price of nickel on September 25 was 109,375 yuan / ton, up 1.17% from the previous day and up 28.43% year-on-year.

Nickel prices have recently risen better. On the one hand, China’s infrastructure projects have expanded, and key projects in Xinjiang’s new construction focus on water conservancy, transportation, energy, industry and people’s livelihood construction, which will benefit basic metals. On the other hand, the demand for high-nickel batteries for new energy vehicles is growing at a high rate, nickel ore is scarce, and the possibility of future increases is high. The continued decline in LME and inventory in the previous period has supported nickel prices. In addition, during the peak season of consumption in September and October, nickel demand is expected to improve and nickel prices are rising.

The market outlook: Before the trade war was exhausted, the recent interest rate hike program of the Fed, the arrival of the peak season, nickel demand or better, is expected to be strong in the short-term shock of nickel prices.

First, the price trend:

According to the price monitoring of the business community, the domestic crude benzene market price increased slightly this week, and the quotation closed at 5,248 yuan / ton, an increase of 2.75%.

Second, the market analysis:

Product: The price of crude benzene in China is large this week. As of Friday, the mainstream price in Shandong was around 5,260 yuan / ton; the mainstream price in Shanxi was around 5,000 yuan / ton; the mainstream price in Inner Mongolia was around 5,400 yuan / ton.

Industry chain: The crude benzene market fell slightly this week. The price of hydrogenated benzene in the downstream continued to fall back by about 200 yuan, but the profit fell. The crude benzene continued to rise in the late stage and the resistance was relatively high. Prices are expected to continue to fall.

Third, the trend forecast:

The crude benzene analyst of the business community believes that there has been a slight correction and it is expected to continue to call back later.

On September 12, the metal zinc market in the domestic market fell. The average price of metal zinc in the domestic spot market was 21385.00 yuan/ton, down 0.50% from the previous trading day; the average ex-factory price was 21940.00 yuan/ton, compared with the previous trading day. The price fell by 0.52%.

On September 11, the zinc (market) commodity index was 122.77, down 1.66 points from yesterday, down 21.19% from the highest point of 155.77 points (2017-10-09) in the cycle, compared with the lowest point of 72.28 points on November 22, 2015. It has risen by 69.85%. (Note: Period refers to 2011-09-01 to date).

On September 12, the price of zinc fell, and the recent zinc price fluctuated. On September 12, domestic zinc prices fell, and prices fell by around RMB 100/ton. The overall demand of the zinc market has not changed significantly, the market performance has struggled, and the zinc warehouse inventory has increased. However, the Shanghai futures market has a limited growth in recent inventory, which is still at a low level in the same period. On September 12, the Shanghai futures market had 2,868 tons of zinc ingots and 374 tons of inventories. The market activity of zinc ingots was poor, and the overall transaction volume was low.

Market outlook: After the market outlook, market demand has not improved significantly, and zinc prices have not been able to rise. The recent increase in market supply has led to a decline in zinc prices, but the inventory of futures zinc ingots is at a low level, and zinc prices will not cause a large decline. The demand environment has not changed, the zinc price growth in the market is weak, and the supply is limited. It is difficult for the zinc price to fall sharply. It is expected that the zinc price in the market will fluctuate and adjust.

According to the price monitoring of the business community, the domestic crude benzene market price increased slightly this week, and the price closed at 5,369 yuan / ton, an increase of 2.74%.

Second, the market analysis:

Product: The price of crude benzene in China is large this week. As of Friday, the mainstream price in Shandong was around 5,450 yuan / ton; the mainstream price in Shanxi was around 5,300 yuan / ton; the mainstream price in Inner Mongolia was around 5,400 yuan / ton.

Industry chain: The crude benzene market fell slightly this week. The price of hydrogenated benzene in the downstream continued to retreat by about 100 yuan, but the profit declined. The crude benzene continued to rise in the late stage and the resistance was relatively high. Prices are expected to continue to fall.

Third, the trend forecast:

The crude benzene analyst of the business community believes that there has been a slight correction and it is expected to continue to call back later.

First, the price trend

According to the data monitoring of the business community, the cobalt market fluctuated in August, and the cobalt price fell in the shock. As of August 31, the price of cobalt was 48,6875.00 yuan / ton, compared with 498,166.66 yuan / ton of cobalt at the beginning of the month, the price of cobalt rose by 2.27%, up 13.53% over the same period last year.

Second, the market analysis

Product aspect

In August, the average price of domestic and international metal cobalt market fell. The price of cobalt sheet (content ≥99.8%) of Wuxi Stainless Steel Trading Center fell. As of August 31, the price of cobalt was 466,000-496,000 yuan/ton, compared with the price of 485000-518000 yuan/ton at the beginning of August, and the price dropped by 20,000 yuan/ton. The spot cobalt offer in the London LEM market fell from $66,750-672,050/ton at the beginning of August to $64,000-$64,500/ton at the end of August, and the cobalt price fell by $2,750/ton in August. Overall, the price of cobalt in the market fluctuated and fell in August. Both domestic and international cobalt prices fell, and the price of cobalt was weak. However, compared with the previous period, the decline in August has decreased. The cobalt price tends to be stable.

Data statistics

According to the statistics of China Association of Automobile Manufacturers, in July, the production and sales of new energy vehicles were completed 90,000 and 84,000 respectively, an increase of 53.6% and 47.7% over the same period of the previous year. From January to July, the production and sales of new energy vehicles were 504,000 and 496,000, respectively, an increase of 85% and 97.1% over the same period of the previous year. The output of new energy vehicles in July increased compared with that in June, but the sales volume was basically maintained. The performance of new energy vehicles is still strong, but the growth rate has slowed down compared with the previous period. The slowdown in the growth rate of new energy vehicles has caused the market to lower the demand for cobalt and affect the rise in cobalt prices.

Policies and regulations

The Ministry of Finance, the State Administration of Taxation, the Ministry of Industry and Information Technology, and the Ministry of Transport issued the Notice on the Preferential Policies for the Promotion of Vehicle and Vessel Taxes for Energy-Saving New Energy Vehicles and Vessels (hereinafter referred to as the “Notice”), which proposes that the new energy vehicles and vessels are exempt from vehicle and vessel tax. . The exemption of the vehicle and vessel tax has promoted the accelerated development of new energy vehicles and ships, and has played a certain role in promoting the demand for cobalt in the market. The policy is difficult to change the weakness of the supply and demand fundamentals, and the cobalt price has not shown signs of rebounding.

Third, the outlook outlook

In August, the cobalt market fluctuated and adjusted, it was difficult to change the downward trend of cobalt prices, but the overall decline in cobalt prices in August was slower than the previous period. Baijiaxin, a data analyst of the business community, believes that the national policy was favorable in August, and the new energy vehicles and ships were exempted from the vehicle and vessel tax, which objectively promoted the demand and rise of the cobalt market, ensured the stability of the cobalt price, and the growth rate of new energy vehicles must be To a certain extent, the demand for cobalt is maintained, and metallic cobalt performs well at the demand side. However, affected by the Sino-US trade war, the growth of the macroeconomic environment slowed down, and the economic slowdown affected the automobile industry. The new energy automobile industry dragged down the growth, which indirectly affected the demand of the cobalt market and limited the strength and speed of the rebound of cobalt prices. The city has not shown signs of a rebound. It is predicted that the price of cobalt in the market will fluctuate and adjust, and the price of cobalt will still fall in the short term. However, with the steady development of new energy vehicles, the risk of Congo’s gold supply side has increased. It is difficult to have a large room for decline in cobalt prices in the near future.

On August 28th, the PX Commodity Index was 66.60, which was the same as yesterday. It was down by 34.96% from the highest point of 102.40 points (2013-02-28) in the cycle, which was 46.21% higher than the lowest point of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date)

Recently, the domestic market price of paraxylene rose slightly. The equipment was repaired by Pengzhou Petrochemical. The Urumqi petrochemical plant started 50%. The Tenglong aromatic hydrocarbon plant has been in the parking. The other devices are temporarily stable and the domestic p-xylene market is normal. The operating rate of PX devices in Asia is less than 70%. On August 28, the closing price of the paraxylene market in Asia increased sharply by US$54/ton, and the closing price was US$1305-1307/ton FOB Korea and US$1324-1326/ton CFR China. US WTI crude oil futures market price fell in October, reported 68.53 US dollars / barrel, a decline of 0.34 US dollars, Brent crude oil October futures prices fell to 75.95 US dollars / barrel, a decrease of 0.26 US dollars, upstream raw material prices fell slightly, but recently The textile industry rose and the PX market price rose slightly. The downstream PTA market was affected by the delay in resumption of production due to equipment maintenance. The PTA supply was slightly tight or continued. By the 28th, the domestic PTA operating rate was around 81.6%, the PTA price was sharply higher, and the average price in East China was 9300-9350 yuan. /Ton the vicinity of the self-lifting, coupled with the downstream production and sales maintained relatively high level of smooth operation, PTA is still in a balanced small de-stocking state, it is expected that the PX market price will rise slightly in the later period.

Market review

The price of methylene chloride rose this week. According to business data, the average price of dichloromethane at the beginning of the week was 4,241 yuan/ton, and the average price of the weekend was 4,343 yuan/ton. The price was raised by 2.40%.

Market analysis

Products: This week, the methylene chloride market was active in trading, manufacturers were inspected one after another, and methylene chloride was in short supply, and prices continued to rise. This week, Dongying Jinmao Aluminum Co., Ltd. has an annual output of 80,000 tons of methylene chloride plant, which has been parked; Luxi Chemical Group’s methylene chloride plant started at 50%; Jiangsu Li Culture & Industry Co., Ltd. has an annual output of 160,000 tons of methylene chloride plant 8 Overhaul for 15 days on the 15th to the 15th. The regional price difference of methylene chloride is large, including 4270 yuan/ton in Shandong, 4,850 yuan/ton in Jiangsu, 4,300 yuan/ton in Jiangxi, and 4,100 yuan/ton in Zhejiang. Among them, Zhejiang Suihua fluorine chemical dichloride price 4100 yuan / ton, Jiangsu science and culture workers dichloromethane 4850 yuan / ton, Dongying Jinmao aluminum industry dichloromethane parking, Dongying Shuochi chemical dichloromethane distribution price 4270 yuan / ton, Shandong Jinling Chemical Co., Ltd. has 4,270 yuan/ton of dichloromethane, and Jiangxi Li Culture has 4,300 yuan/ton of dichloromethane.

Industry chain: upstream natural gas: At present, environmental protection requirements are stricter, actively constructing a clean, low-carbon, safe and efficient modern energy system, fully promoting the elimination of clean energy, environmental protection pressure, “coal to gas” stimulates the rapid growth of natural gas demand, not in the off-season. Light, LNG plant shipments are better, liquid level is gradually reduced, coupled with the recent strong gas restrictions in the Northwest, LNG prices are at a high level. Due to the high price of LNG, the demand is reduced, the market mentality is not good, the downstream receiving goods are relatively weak, and the contradiction between supply and demand causes prices to start to fall. Downstream refrigerants: The recent high temperatures have led to a burst of demand for air-conditioning installations, and have also contributed to a surge in sales of refrigerant products. Products such as R22, R32, R134a, and R410A continue to increase in market prices.

Market outlook

The business community’s methylene chloride analyst believes that the current methylene chloride market starts to decline, and there are manufacturers in August to repair, plus downstream demand is better, and prices are expected to continue to rise next week.

On August 13, the PX Commodity Index was 66.40, which was the same as yesterday. It was down by 35.16% from the highest point of 102.40 points (2013-02-28) in the cycle, which was 45.77% higher than the lowest point of 45.55 on February 15, 2016. (Note: Period refers to 2013-02-01 to date)

Recently, the domestic market price of para-xylene remained at 8,300 yuan/ton, the on-site installation of Pengzhou Petrochemical was overhauled, and the Urumqi petrochemical plant was started at 50%. The Tenglong aromatics plant has been in operation, other devices are temporarily operating stably, and the domestic paraxylene market is in normal supply. The operating rate of PX devices in Asia is less than 70%. On August 10, the closing price of the paraxylene market in Asia increased by US$6/ton, and the closing price was 1115.5-1117.5 USD/ton FOB Korea and 1134.5-1136.5 USD/ton CFR China, USA WTI crude oil September futures market price fell 43 cents to close at 67.20 US dollars per barrel. The downstream PTA market was affected by the delay in resumption of production due to equipment maintenance. The PTA supply was slightly tight or continued. By the 10th, the domestic PTA operating rate was around 81%, the PTA price continued to rise, and the average price of the East China region was 7650-7700 yuan. /Ton the vicinity of the self-lifting, coupled with the downstream production and sales maintained relatively high level of smooth operation, PTA is still in a balanced small de-stocking state, it is expected that the PX market price will remain high in the later period.