According to the monitoring data of the business agency, as of June 28, the average ex factory price of domestic n-butanol was 5800 yuan / ton, up 133 yuan / ton, or 2.35%, compared with Monday (22), and 350 yuan / ton, or 6.42%, compared with June 15.

N-butanol rose in late June. This week’s rise is still the same

Since the end of June, the domestic market of n-butanol has been rising steadily. This week, the focus of n-butanol transaction continued to rise. At present, the factory’s opening power is about six to seven floors, the spot inventory is low, and the factory’s external offer is generally rising. The confidence of the industry is greatly boosted. The market inquiry atmosphere is good. Downstream users have a high enthusiasm for the low-end offer and purchase in the market, and the supply of low-cost goods is tight. The overall market shipment is relatively smooth. As of the 28th, the ex factory quotation of Wanhua Chemical Co., Ltd. in East China was 5800 yuan / ton, up 200 yuan / ton, or 3.57% over the weekend (19th); the ex factory quotation of Shandong lihuayi n-butanol was 5750 yuan / ton, up 300 yuan / ton, or 5.50% over the weekend (19th); the ex factory quotation of Luxi n-butanol was 5850 yuan / ton, up 250 yuan / ton, or 4.46% over the weekend (19th). At present, according to the monitoring data of business agency, the average ex factory price of domestic n-butanol is 5800 yuan / ton, which is 133 yuan / ton higher than that of Monday (22nd), 2.35% higher in the week; 350 yuan / ton higher than that of June 15th, 6.42% higher in the half month.

The market price of n-butanol in some regions of China this week is attached (data for reference only unit: yuan / ton)

Product name region 6 / 22 6 / 28 up and down

N-butanol East China 5800-5950 5950-6050 + 150 / + 100

South China 5900-6000 6000-6100 + 100 / + 100

North China 5600-5700 5700-5850 + 100 / + 150

On the upstream side, from the beginning of this week, the price of propylene market in Shandong fell, and the cost support for n-butanol was limited. On the 22nd and 23rd, the market price of propylene was continuously reduced by about 50 yuan / ton. At present, the market price is between 6650 and 7000 yuan / ton, and the mainstream price is about 6750 yuan / ton. At present, the inventory pressure of propylene manufacturers is not large, but the delivery situation is relatively cold.

In terms of downstream, at present, the market price of butyl acrylate in South China is 7550-7650 yuan / ton of accessories. The weak consolidation operation is mainly near the holiday market, while the downstream market is mainly wait-and-see, and the inquiry and purchase and delivery before the holiday are not good. At present, there is a certain inventory pressure in the factory, the transaction focus is low, and the operators purchase on demand.

According to analysts of n-butanol, the focus of negotiation in the market of n-butanol is up, the inventory in the market is low, and the market supply and demand cycle is good. It is heard that some n-butanol plants in Shandong and Northeast China are planned to be overhauled in July, and supply is expected to continue to shrink, so it is expected that the focus of domestic n-butanol market negotiation will continue to rise in the short term.

According to the data monitored by the business association, the average price of domestic rubber grade and high-quality silica as of June 24 was 4566.67 yuan / ton. This week, domestic silica kept stable operation, with little price change and just need to purchase.

The domestic rubber grade high-grade white carbon black operates stably, with the main quotation range of 4000-5000 yuan / ton. The downstream demand recovers slowly and the price does not fluctuate significantly. White carbon black is divided into precipitation method and gas-phase method. Their application fields and effects are also different. The production process of precipitation method white carbon black is simple, energy consumption is low and investment is small, but the environmental requirements are very high, and the product activity is not high Particle is not easy to control, gas phase process product purity is high, equipment requirements are high, production capacity is low, technology is complex, so the price of fumed silica is high and can not be widely used. At present, precipitated silica is mainly used in rubber products, automobile tires, etc., which has the characteristics of heat resistance and flame resistance. At present, about 70% of the silica in the world is used in the rubber industry.

The upstream hydrochloric acid market is temporarily stable, with general purchasing enthusiasm and tight supply. On June 23, the hydrochloric acid commodity index was 81.58, unchanged from yesterday, down 18.42% from the highest point of 100.00 (2011-09-12), and up 353.73% from the lowest point of 17.98 on September 5, 2012. (Note: cycle 2011-09-01 to now).

On June 23, the chemical industry index was 672, down 2 points from yesterday, 33.86% from 1016 (2012-03-13), and 12.37% from 598, the lowest point on April 8, 2020. (Note: cycle refers to 2011-12-01 to now)

According to the white carbon black analyst of the business association, the market of white carbon black will be stable in the short term, and the price will not change significantly. (the above prices are provided by the major manufacturers of silica all over the country and analyzed by the business silica analysts for reference only. For more details, please contact the relevant manufacturers for consultation.)

Since late June, the market price of light rare earth in China has risen again. The prices of praseodymium neodymium oxide and praseodymium neodymium alloy have continued to rise, and the market of light rare earth has recovered. According to the rare earth sector index of business association, on June 22, the rare earth index was 345 points, up 1 point from yesterday, down 65.50% from 1000 points (2011-12-06), and up 27.31% from 271, the lowest point on September 13, 2015. (Note: cycle refers to 2011-12-01 to now).

As of June 23, the price of praseodymium neodymium oxide and praseodymium neodymium alloy in China was 288000 yuan / ton and 364000 yuan / ton respectively. The prices of neodymium oxide, metal neodymium, holmium oxide and holmium ferroalloy all rose to some extent.

In recent years, in terms of light rare earth in China, driven by the positive promotion of new infrastructure projects in all parts of the country, the price of rare earth has slightly increased. The merchants who hold goods in the field are obviously bullish. The merchants are reluctant to sell, and the sentiment of rising in the field is strong. In addition, with the economic recovery in Europe and the United States, the demand of permanent magnet manufacturers has increased, and the price of praseodymium neodymium series rare earth has slightly increased. The market price of light rare earth is still at Low level. In addition, due to the impact of the epidemic on the import of overseas rare earth minerals and the reduction of waste recovery and monazite raw materials, the domestic rare earth smelting output has declined, while the domestic economic recovery has led to the recovery of downstream demand for rare earth, supporting the price of rare earth, and the price of domestic light rare earth market has increased.

Heavy rare earth accounts for a large proportion of annual production in the domestic rare earth collection and storage plan, which is expected to have a greater impact on the supply and demand of heavy rare earth and the price. Considering that the current closure of Myanmar still has a tightening impact on the domestic import and supply of heavy rare earth, once the collection and storage plan is implemented as scheduled, it will have a greater impact on the supply and demand of heavy rare earth dysprosium and terbium and the price rise. In the near future, the market price of heavy rare earth remains at a high level; in addition, with the resumption of work and production, the terminal new energy vehicle market has recovered, the domestic supply of terbium rare earth is very tight, and the domestic price of terbium rare earth keeps rising.

The Ministry of industry and information technology issued the notice on the docking and implementation of preferential policies for rare earth enterprises, saying that the rare earth office entrusted China Nonferrous Metals Industry Association and China Rare Earth Industry Association to sort out and summarize the policy documents suitable for rare earth enterprise application, and formed the compilation of relevant supporting policies for rare earth industry resumption. The policy is favorable to support the development of rare earth industry, while the relationship between China and the United States is somewhat loose. The key products of rare earth trade between China and the United States are of great significance. The national policy is conducive to the balance of supply and demand of rare earth industry. In the near future, the supply of rare earth market is normal, the demand is improving, and the market price of light rare earth is rising.

Recently, the domestic demand for rare earth is higher than before. In addition, the supply of medium heavy rare earth market is still tight. Analysts of business agency expect that the market price of rare earth in the later period may continue to rise.

The price of fluorite and hydrofluoric acid kept stable in the upstream, which effectively supported the price of aluminum fluoride, but some manufacturers lowered the price to test the delivery. According to the data of business agency, the price of domestic aluminum fluoride on May 19 was 8500 yuan / ton, 3.77% lower than that at the beginning of the week.

The price of fluorite and hydrofluoric acid in China kept stable this week. In early June, the rising price of fluorite in the upper reaches drove the domestic hydrofluoric acid market higher, but the demand for hydrofluoric acid in the lower reaches was poor. This week, fluorite and hydrofluoric acid in the upstream kept stable operation.

As of the first ten days of June, the start-up of aluminum fluoride enterprises has increased to about 40%. Some aluminum fluoride manufacturers have adopted price reduction and promotion. The price of aluminum fluoride of Zhengzhou Zerun Energy Chemical Co., Ltd. has been reduced by 1000 yuan / ton, while the price of other manufacturers remains stable.

According to the aluminum fluoride industry analyst of business and chemical branch, the upstream fluorite and hydrofluoric acid market prices are difficult to rise, the market prices are stable, aluminum fluoride manufacturers are not willing to follow the adjustment, and it is expected that aluminum fluoride prices will remain stable in the near future.

1、 Price trend of lithium carbonate:

(Figure: P value curve of lithium carbonate product)

2、 Market analysis:

The price of lithium carbonate is relatively stable this week. However, the market transaction situation is still relatively cold. At present, some enterprises still slightly reduce the price of electricity carbon, which makes the price difference between high and low range of electricity carbon further narrow. According to the data of the business club’s bulk list, the average price of industrial grade lithium carbonate in East China on June 19 was 39900 yuan / ton, which was the same as that at the beginning of the week, 3.16% lower than that on May 19; the average price of battery grade lithium carbonate in East China on June 19 was 44200 yuan / ton, 0.23% lower than that at the beginning of the week, and 2.21% lower than that on May 19. On the 19th, the mainstream price of industrial lithium carbonate market was around 36000-45000 yuan / ton, and the mainstream price of battery lithium carbonate market was around 40000-48000 yuan / ton.

But this week, due to the recovery of market demand for lithium iron phosphate, and the low operating rate of ternary materials, it is more difficult to trade electric carbon than industrial carbon, which leads to a slight downward exploration of electric carbon price. According to the current market development, the downstream terminal is still pricing down, and the downstream purchasing enterprises intend to transmit the cost pressure to the upstream, which makes the price of lithium carbonate still under pressure.

According to the price monitoring of the business agency, on June 18, 2020, there are 15 kinds of commodities rising month on month in the list of commodity prices in the chemical industry sector. The top three commodities are respectively white carbon black (3.01%), light soda ash (2.67%) and propane (2.65%). There are 12 kinds of commodities falling on a month on month basis, and the top three products were butanone (- 2.34%), crude benzene (- 2.31%) and acetic anhydride (- 1.85%). The average price of this day is 0.08%.

3、 Future forecast:

According to analysts of lithium carbonate of business association, at present, the market inventory is relatively high, the spot transaction situation is weak, and the impact of imported lithium carbonate on the domestic market, it is expected that the market price of lithium carbonate will continue to be under pressure in the short term.