On February 7, the price of zinc was weak and temporarily stable

According to the data monitoring of business society, the zinc price fell slightly on February 7, and the zinc market was weak and stable temporarily. On February 7, the price of zinc was 25352 yuan / ton, down from 25354 yuan / ton before the festival, and the price was weak. Zinc market fell.

Key points of analysis

After the festival, the zinc market was temporarily stable, the demand in the spot market was weak, the willingness to replenish stocks in the downstream increased after the festival, the operation of downstream galvanizing enterprises was low, and the demand in the zinc market was strong and stable temporarily; High electricity price supports smelting cost and spot zinc price. After the festival, the double weak market of supply and demand continued, and the weak shock adjustment of zinc price.

Future forecast

The demand is temporarily stable, the cost is supported, and the zinc price will be adjusted in the future.

Trade name: acetic acid

Latest price (January 27): 5900 yuan / ton

Key points of analysis: the price trend of acetic acid is temporarily stable today, and the average market price in East China is flat compared with the previous working day. The domestic market situation is on the sidelines. The start-up of acetic acid enterprises remains high, the market supply is sufficient, the downstream leaves one after another, the demand is weak, the inventory of acetic acid enterprises remains rational, the manufacturer’s quotation is temporarily stable according to its own shipment, and the overall market remains weak and stable.

Future forecast: the short-term acetic acid market is temporarily stable and wait-and-see, with specific attention to the market supply.

1、 Price trend

Latest price (January 26): 8460 yuan / ton

Key points of analysis: according to the data monitoring chart of business agency, the average domestic spot price of pvcc5 was 8460 yuan / ton on January 26, which was flat compared with the previous day. The offer of some enterprises increased slightly by 50-100 yuan / ton. The Spring Festival is approaching, the transportation capacity is limited, and the downstream enterprises have successively entered the holiday mode. The demand is reduced. There is basically no market in the market, and the price is mainly sorted out. At present, the price of raw calcium carbide has fallen to around 4150-4450 yuan / ton, and the price of pvc5 calcium carbide method remains in the range of 8100-8800 yuan / ton.

It is expected that the PVC market will be dominated by narrow adjustment in the near future.

Trade name: caprolactam

Latest price: 14050 yuan / ton

Key points of analysis: the price of caprolactam fell on January 25, down 0.18% compared with the previous trading day. Crude oil continued to fall yesterday, with the softening of downstream procurement before the holiday, the downward shift of market focus and the reduction of the price of raw material pure benzene. The cost support of caprolactam is weakened, the confidence in the market is insufficient, the trading is reduced, and the overall market is weak.

Future forecast: the price of caprolactam is weak in the short term, mainly finishing and operation.

Trade name: isooctanol

Latest price (January 24): 12066.67 yuan / ton

On January 24, the ex factory quotation of isooctanol in Shandong fell slightly, down 100 yuan / ton or 0.82% compared with the quotation on January 21, up 17.15% year-on-year compared with the same period last year. Upstream propylene fell slightly, cost support weakened, downstream DOP market consolidated at a high level, and downstream rigid demand dominated.

Recently, the ex factory price of isooctanol in Shandong may fluctuate slightly: the manufacturer’s quotation is about 12000 yuan / ton.