According to the monitoring of the business agency, the price of activated carbon was 9900 yuan / ton at the beginning of this week and 10000 yuan / ton at the end of this week, with the price rising by 1.01%.

The price of activated carbon in China has increased slightly. At present, the ex factory price of activated carbon for coconut shell water purification in East China is between 9500-12500 yuan / ton; the active carbon market is active, and the delivery is normal, and the transaction price is mainly through negotiation (the specifications and properties of activated carbon are complex, and the price can not be generalized. Please consult the manufacturer for details).

Activated carbon is rich in raw materials, including coal, sawdust, fruit shell, straw, etc. through a series of processes, activated carbon suitable for water treatment is prepared. At the same time, activated carbon manufacturers are constantly improving the performance of activated carbon, increasing its working capacity, which can effectively adsorb and purify wastewater.

Forecast: the downstream delivery of activated carbon is speeding up, and the market atmosphere is active. It is expected that the short-term active carbon market will be dominated by stable and weak trend.

The same as last week’s market, prices continue to stabilize this week. At present, the mainstream prices in East China are 7500 yuan / ton, 7650 yuan / ton in North China, 7500 yuan / ton in South China, 7700 yuan / ton in Central China, and 7450-7550 yuan / ton in Northeast China.

External data showed that the CFR Northeast Asian price of ethylene reached $990.00/ton yesterday (17th). With the high price of raw materials, the cost load of ethylene oxide has increased greatly, and the enterprises are operating under pressure. Some enterprises have reduced their production load, and the supply pattern is hard to change. The price of ethylene glycol has a strong trend due to the influence of reducing the storage. It is learned from market participants that the current monomer price has reached about 8700-8900, which is in the off-season of the industry. In addition, due to the severe haze in recent years, many provinces and cities in China have promoted the rectification of environmental protection problems, and logistics transportation is greatly restricted. The bearish prospect of monomer demand may continue to depress ethylene oxide and exert downward pressure.

High price of raw materials but low demand, resulting in epoxy resin is difficult to improve at present, the market focus shifted downward.

Price trend of spot precious metals

According to the data of business agency, the average price of silver on December 17 was 5215.67 yuan / kg, an increase of 10.62% compared with the average price of 4715 yuan / kg in the spot market at the beginning of the month (December 1); the spot price of silver was 4376.33 yuan / kg at the beginning of the year (01.01), an increase of 19.18%; the spot price of silver was 2942.67 yuan / kg, an increase of 77.24% over the peak value of 8.11 The spot price of silver was 6708.33 yuan / kg, down 22.25%.

On December 17, the spot price of gold was 387.04 yuan / g, an increase of 3.84% compared with the average price of 372.71 yuan / G on the spot market at the beginning of the month (12.1); the spot price of gold was 342.54 yuan / g, up 12.99%; compared with the valley value (3.19), the spot price of gold was 331.75 yuan / g, up 16.67%; compared with the peak value (8.7) of the year, the spot price of silver decreased by 13.61%.

News

1. The Fed’s comments are in line with market expectations

On Wednesday, the Federal Open Market Committee (FOMC) kept the target range of the federal funds rate at 0-0.25%, in line with market expectations.

2. The dollar is relatively weak

The dollar index fell, and the negative correlation was highlighted.

3. Bitcoin drives convergence effect

Within the day, bitcoin soared, once setting a record high above $22000, an astonishing increase.

Future forecast

After the price of precious metals hit the bottom and rebounded in December, the current price has been close to the peak value in November after two waves of continuous rise in the beginning and middle of the month. This will basically pull back the price drop caused by the retreat of risk aversion sentiment brought by the vaccine news in November and the withdrawal of funds.

At present, the CME gold price stands at 1880-1890 US dollars / oz, and the CME silver price reaches 26 US dollars / oz, both in the early shock range, relative resistance level, and the long short game in the future market is intensified.

The news coverage focused on the development of epidemic situation in cold winter vs vaccine progress.

Trade name: chlorinated paraffin

Latest price (December 16): 5166.67 yuan / ton

Analysis points: on December 16, the overall trend of domestic chlorinated paraffin market was stable, the upstream liquid wax price was relatively stable, and the liquid chlorine market declined slightly. Downstream on-demand procurement is the main, traders take goods cautiously, wait-and-see sentiment is obvious, the market price is relatively stable. Chlorinated paraffin analysts of the business club believe that the overall market trading atmosphere of chlorinated paraffin is general, the overall production of chlorinated paraffin remains low, and the market continues the situation of weak supply and demand. It is expected that the price of chlorinated paraffin will be stable in the short term.

According to reports, BASF recently sent an urgent letter saying that the supply of n-butanol in Ludwigshafen, Germany, suffered force majeure and was forced to close the factory and start repair, so it had to distribute the supply of n-butanol. The n-butanol supply in Ludwigshafen, Germany, is subject to force majeure, which will affect the downstream butyl acrylate and butyl methacrylate. The price of n-butanol rose as high as 40.3% in November. The industry expects that the domestic n-butanol market is expected to rise in the next step, and n-butanol may join the rising team again. In terms of the company, Luxi Chemical has a capacity of 450000 tons / year of n-butanol; Huachang Chemical has a production capacity of 180000 tons / year.