Following a slight loosening of magnesium ingot prices at the end of May, magnesium ingot prices continued to decline in mid-to-late June. According to the data of business association, the average market price of standard magnesium ingots (Mg9990, specification: 7.5 kg (+0.5 kg/block) on June 13 was 16433.335 yuan/ton, which was 2.38% lower than the average market price of magnesium ingots on June 1, 16833.33 yuan/ton, and 0.20% higher than the lowest price of 16400 yuan/ton (January 9) in 2019.

Today’s main production areas are manufactured with tariff (99.9%, no pickling, simple packaging) as follows:

Fugu area ex-factory includes 16100-16400 yuan/ton of tax, Taiyuan area 16400-16500 yuan/ton of cash, Wenxi area 16500-16600 yuan/ton of cash and Ningxia area 16200-16300 yuan/ton of cash.

Today, the market price of magnesium ingots has been fine-tuned downwards. Some small factories have strong demand for returned goods. The price of magnesium ingots has been lowered slightly in order to speed up delivery. The price of mainstream factories in the main factories has begun to stabilize.

Magnesium ingot prices declined in the first half of June, mainly due to poor downstream procurement demand and reduced market turnover of magnesium ingots. Magnesium ingot Market is depressed, low-price supply in the market increases, and in turn upstream and TRADERS’wait-and-see sentiment rises. At present, the relationship between supply and demand is an important factor in the lower price of magnesium ingots. Most of the market purchases on demand, but only on demand.

Future expectation

At present, the magnesium market is in a light trading situation, and the market participants’wait-and-see mentality is aggravated. It is expected that the domestic magnesium ingot prices will remain weak and stable in the short term.

On June 11, the hydrofluoric acid commodity index was 107.35, unchanged from yesterday, down 23.56% from the peak of 140.43 points in the cycle (2018-02-21), and up 100.32% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the price trend of domestic hydrofluoric acid market rose on the 12th. Up to now, the domestic market price of hydrofluoric acid is 1 1850 yuan/ton, and the domestic start-up rate of hydrofluoric acid is less than 60%. Enterprises reflect the shortage of spot supply of hydrofluoric acid in the field at present. Recently, the situation of on-site goods has improved. Due to the higher raw material fluorite, some hydrofluoric acid manufacturers have raised their ex-factory prices, and the market price trend of hydrofluoric acid is on the rise. Rise. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 11500-12000 yuan/ton, while the price of hydrofluoric acid in the northern market is 11500-12000 yuan/ton. Domestic hydrofluoric acid market prices increased, spot supply decreased slightly, but demand did not change very much, the price trend of hydrofluoric acid Market rose.

Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price shocks. Recent downstream refrigerant market transactions have improved, R22 refrigerant plant surface started at 60%, R22 market device start-up rate is temporarily stable, the main production enterprise bulk water factory offer price is between 18,000-19,000 yuan/ton, but the production enterprise does not have bulk water spot, mainly a small number of cylinders shipment. In addition, the actual demand side of the market has not changed much, and the delivery market has increased. The domestic market price trend of R134a is not good, the start-up rate of production enterprises remains low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price has not changed much. Businessmen purchase on demand. Recently, due to the shortage of supply, the price trend of hydrofluoric acid market has risen.

Refrigerant on-site transactions are general, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is normal, but the spot supply of hydrofluoric acid is tight, Business Analyst Chen Ling believes that the hydrofluoric acid market may continue to rise.

Price Trend

According to the monitoring data of business associations, the market price of n-propanol has remained stable as of June 11. At present, the mainstream price of domestic n-propanol is around 9500-11500 yuan/ton, while the mainstream price of imported n-propanol from Dalian, Taiwan is around 1160-12000 yuan/ton.

II. Market Analysis

Products: The overall stable operation of the n-propanol market, Shandong Fengcang Chemical Co., Ltd. operating domestic n-propanol quoted 10500 yuan/ton (including taxes), Shanghai Lianyi Chemical Co., Ltd. operating domestic n-propanol quoted 11600 yuan/ton (including taxes), Taiwan Dalian imported barreled (specifications: 165 kg) n-propanol quoted 11800 yuan/ton.

Industry chain: The market price of propylene oxide, the upstream product, has fallen, and the market supply has increased slightly with the recovery of earlier maintenance plants.

3. Future Market Forecast

According to the business association’s forecast, the n-propanol market will remain stable in the short term.

Price Trend

According to the monitoring data of business associations, the price of domestic phosphate ore market has been steadily and slightly declining in recent years. The price range of 30% grade phosphate ore in mainstream areas is 380-530 yuan/ton. Due to regional differences, the price difference is large. Taking several sample areas into consideration, the average price of 30% grade phosphate ore is about 430 yuan/ton.

II. Market Analysis

Products: In the near future, the domestic phosphate ore market as a whole remains stable. Recent domestic phosphate ore prices are as follows: 30% grade phosphate ore mainstream freight plants in Guizhou province offer 350-400 yuan/ton tax, a slight decline compared with last week, 30% grade phosphate ore mainstream export tax quote in Hebei province about 530 yuan/ton; phosphate ore market equipment is operating normally, downstream demand is normal, the domestic phosphate ore market as a whole still shows a stable trend of operation.

3. Future Market Forecast

Business associations phosphate analysts believe that the current downstream demand is still acceptable. Generally speaking, affected by the upstream and downstream market, the price of phosphate rock market will remain stable in June, with little fluctuation or a slight decline. The specific trend of phosphate ore market is also determined by the upstream and downstream demand and market supply.

On June 5, the fluorite commodity index was 104.17, unchanged from yesterday, down 18.29% from the peak of 127.49 points in the cycle (2019-01-03), and up 111.68% from the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic fluorite price trend is rising, the average domestic fluorite price is 2968.75 yuan/ton as of the 5th day. Recently, the domestic fluorite plant started normally, the mine and flotation plant started normally, the supply of fluorite in the field is slightly tight, and the price of hydrofluoric acid in the downstream is rising recently. For the fluorite market, the price of fluorite market is rising on demand. Recent downstream installation start-up situation is general, fluorite spot supply is normal, terminal downstream pick-up situation improved, resulting in rising market price trend. As of the 5th day, the price of 97 fluorite wet powder in Inner Mongolia is 2700-3000 yuan/ton, that in Fujian is 2800-3100 yuan/ton, that in Henan is 2700-3100 yuan/ton, and that in Jiangxi is 2800-3200 yuan/ton. The price of 97 fluorite wet powder is rising.

The price trend of hydrofluoric acid Market in downstream fluorite is rising. The domestic market price of hydrofluoric acid is 11550 yuan/ton as of the 5th day. The price fluctuation of hydrofluoric acid market has a certain positive impact on the upstream fluorite market. However, the recent start-up of hydrofluoric acid plant is general. The demand for fluorite is weakening and the price fluctuation of fluorite is running. Recent downstream refrigerant product installations started at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price trend is stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water factory offer price is 18500-19500 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipment. In addition, the actual demand side of the market has not changed much, and the delivery quotation is general. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. But the price of on-site transactions does not change much. Businessmen buy on demand. Generally speaking, the downstream industry is in a general market. In addition, the fluorite market supply is normal and the price of fluorite is rising. Chen Ling, an analyst of business associations, believes that the price of fluorite market may rise slightly.

On June 4, the phthalic anhydride commodity index was 58.39, unchanged from yesterday, down 51.39% from the peak of 120.13 points in the cycle (2012-02-28), and up 20.59% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Recent domestic market price trend of phthalic anhydride has maintained low, the phthalic anhydride market in eastern China has maintained a weak position, downstream factories have maintained just-needed procurement, factory inventory pressure has continued, high-end transactions have been blocked, the mainstream of on-site neighbouring source negotiations is 5900-6000 yuan/ton, the mainstream of naphthalene source negotiations is 5600-5700 yuan/ton; the mainstream price of phthalic anhydride market in North China is 5900-6000 yuan/ton, and the market is weak. The price of phthalic anhydride in China is stable, the spot supply of phthalic anhydride is normal, the market is not good, and the price of phthalic anhydride is declining.

Recently, the executive price of the upstream product of phthalic anhydride, Sinopec o-phthalic anhydride, is 6200 yuan/ton. The actual transaction price in the market is 6200 yuan/ton. The quotation is declining, and the port market is general. The upstream raw material mixed xylene price fluctuation maintains stable, the turnover of phthalic acid is general, the port phthalic acid inventory is low, the quotation of phthalic acid external market is low, the import phthalic acid cost fluctuation, the actual transaction price is discussed in detail, the upstream price trend is declining, and the market price of phthalic anhydride remains weak. DOP downstream price is lower, DOP downstream demand is general, customer procurement enthusiasm is not good, DOP mainstream transaction price is about 7300 yuan/ton, DOP downstream price is still under pressure, downstream price is slightly lower, demand for upstream phthalic anhydride is limited, the market price of phthalic anhydride is slightly lower, it is expected that the market price of later phthalic anhydride will be around 5900 yuan/ton.

Price Trend

According to the sample data monitored by business associations, the domestic market price of BDO was 9,000 yuan/ton at the beginning of this week, and 8,900 yuan/ton at the weekend. Within the week, the market price of BDO declined by 1.11%, which was 24.48% lower than that of the same period last year.

II. Market Analysis

Product: This week’s domestic BDO market continued to be weak, reorganized operation, the mainstream price of bulk water has no fluctuation compared with last week. Under heavy cost pressure, some factories offer high, but the downstream industry as a whole is weak, demand continues to slump, high price resistance is strong, single high-end transaction difficult. At present, BDO factories in China are operating steadily, and the supply of spot goods is becoming more and more abundant. Last week, although the new device of Yizheng Chemical Fiber PBT was put into operation successfully, the increase of demand for BDO is not obvious. Under the contradiction between supply and demand, the middlemen follow up cautiously, lack confidence in raising the offer, stable delivery mentality becomes the dominant, follow the market negotiations, and the bargaining focus is temporarily stable.

On the market side, as of Friday (5.31), the weakness of BDO market in East China was consolidated. Downstream demand side performance is low, on-demand procurement, some factories spot offer strong, few follow-up orders. At present, there is no obvious fluctuation in the center of gravity of the on-site negotiations, and the operators pay more attention to the start-up of downstream PBT. The market of BDO in South China is weak. Some factories have strong market intentions, the downstream demand is general, just need to enter the market, the actual follow-up is weak. At present, the barycenter of intra-venue transactions has not changed much, and the operators pay more attention to the downstream PBT dynamics. The BDO market in North China has been consolidated with weak downstream demand. The market is just in need of delivery. It is difficult to release real orders. The middleman delivers goods on the market along with him. The atmosphere of on-site wait-and-see is strong.

Industry chain: raw materials, calcium carbide, calcium carbide market is expected to continue a weak and stable trend next week, calcium carbide supply exceeds demand still occupies the main market, industry insiders are short-sighted. On the supply side, the previous overhaul manufacturers have resumed production, and the load of Shaanxi Chemical Plant has increased. It is expected that the plant will continue to rebound next week. On the demand side, the downstream demand is still weak, the terminal demand is insufficient to follow up, the business is pessimistic, the enthusiasm of entering the market is not high, the market is not supported by good news, and the rise of BDO is weak.

3. Future Market Forecast

At present, domestic demand for BDO downstream is sluggish: PBT is affected by stable start-up and weak terminal demand, the focus of gravity is down, and the loss is serious; polyurethane downward trend, leading to PTMEG market difficult to rebound, weak and stable operation; GBL market has not changed, poor demand performance; TPU, slurry and so on also entered the off-season. Under the pressure of cost, the factory offers are high, but the middlemen follow up cautiously and negotiate with the market. At present, the main focus of the market is downstream PBT, the market continues to be weak. Whether PBT factories can bear the pressure of normal production is the key to the late trend of BDO. There is no clear release of market information, supply and demand saw game. Business BDO analysts predict that the domestic BDO market will continue to be weak and stable in the short term, and that long-term or negative decline may occur.

Price Trend

According to the price monitoring of business associations, the potassium sulfate Market remained stable in May, with some fluctuations. At the end of this month, the mainstream offer price of 50% granules in potassium sulfate Market is about 2950-3050 yuan/ton.

II. Market Analysis

Since May, potassium sulfate has stabilized as a whole, and shipments from Mannheim factories have been relatively smooth, with 52% water-soluble potassium sulfate and 50% granular potassium sulfate as the main products. 50% of the powder is subject to the price of potassium sulfate and the shipment is slow. 50 powder mainstream factory quotation is about 2800 yuan/ton, particle/52 powder 2950-3000 yuan/ton, round particle 3200-3250 yuan/ton, the transaction is single. North China 50 powder mainstream factory quotation 2800-2850 yuan/ton, the actual negotiation is prevailing.

The Guodu Luo Potassium Plant has been overhauled in summer for a long time, about three months, and is expected to resume production in September. There are some stocks in the plant, but most of them are pre-sale sources. At present, the market price of 52% of Luo Potassium powder arrives at 2700-2750 yuan/ton.

III. Industrial Chain

Upstream: Potassium chloride port has a lot of storage and pressure. There is still no news about big contract negotiations. The surface quotation of merchants continued to be stable temporarily, and the price of partial transactions declined sharply. It is reported that the border trade potash fertilizer suspended signing in June, adding confidence to the spot market.

Downstream: Compound Fertilizer Information Price stabilized in May, slightly declined, not very ideal, business goods light, start-up rate gradually declined in summer is the season of fertilizer off-season, demand reduction trend is obvious, the actual volume is more limited.

IV. Future Market Forecast

Business analysts believe that in the case of downstream support and weakening demand, the trend of the potassium sulfate market continues to be stable in the short term, mainly with local shocks.