Trade name: ammonium sulfate

Latest price: 1476 yuan / ton

Key points of analysis: the price of ammonium sulfate was stable on January 12, compared with the previous trading day. Today, the market of ammonium sulfate is stable, and the manufacturer adjusts the price flexibly. There are few new orders on the site, insufficient follow-up of downstream demand, and general trading volume. At present, there is a lack of information guidance in the ammonium sulfate field, the price fluctuation is small, and the market fluctuates slightly in the short term.

Future forecast: ammonium sulfate price fluctuates within a narrow range in the short term.

Trade name: cryolite

Latest price (January 11): 7300 yuan / ton

Key points of analysis: the quotation of domestic cryolite enterprises today is the same as that of the previous working day, and the cryolite market remains stable at a high level. The price trend is mainly affected by the supply side. The heating in winter affects the production restriction of northern manufacturers, and the raw material cost pressure of individual enterprises is still, resulting in the high price operation of cryolite market, the stable downstream demand and little impact. The short-term price fluctuation also needs to pay attention to the supply of upstream raw material market. At present, enterprises hold a wait-and-see attitude towards the future market.

Future forecast: the cryolite market will continue to be stable in the short term, and pay attention to the market supply.

Commodity name: DMF latest price (January 10): 15900.00 yuan / ton

The price of DMF is stable and the focus of negotiation is stable. Compared with the same period last week, there is no significant change in the price. The mainstream price is about 15900 yuan / ton. At present, the manufacturer runs at a high price and the overall market is strong. At present, there is no pressure on inventory and downstream follow-up procurement.

Future forecast: it is expected that the DMF market will be strong in the short term.

Spot price: according to the price monitoring of business agency, the average price of domestic polyester staple fiber spot market on January was 7151 yuan / ton, up 1.06% from the beginning of the week and 12.80% year-on-year. East China’s firm offer was around 7200 yuan / ton.

Futures market: on January 7, the futures price of PF main contract closed at 7392, up 2.84% from yesterday’s settlement price, and the settlement price was 7338; The trading volume is 206065 hands; The position was 120390, the position increased by 9005, and the basis was – 241. The main futures of domestic polyester staple fiber raw materials closed sharply today, with PTA rising 3.75% and ethylene glycol rising 3.98%.

Analysis: due to the cold winter weather and the tense situation in Kazakhstan, the crude oil price rose sharply overnight, and WTI New York crude oil CFD now closed above 80 (as of 17:20). With the rise of oil price and the improvement of PTA cost focus, the PTA price fluctuated sharply today, PTA (after maintenance) devices increased at the beginning of the month, and the supply is expected to decline. Recently, the temporary shutdown of some ethylene glycol units and the extended maintenance time of some units have led to a decline in the operating rate, a recent rise in oil prices, an increase in the cost focus of ethylene glycol, and a strong short-term operation of ethylene glycol. During the new year’s day, the polyester yarn transaction is good, and the inventory of the yarn factory continues to go. At present, the yarn factory receives more orders before and after the Spring Festival. Recently, the supply of polyester staple fiber has decreased slightly, and the downstream ordering atmosphere has improved, mainly due to the supplement of fabric orders in winter and the preparation of fabric orders in spring and autumn of the new year. The sharp rise in raw material prices has driven the price of staple fiber upward. Jiangyin Huahong polyester staple fiber plant is planned to be overhauled around the end of next month.

Forecast: in the future, the price of polyester staple fiber may fluctuate strongly due to the fluctuation of crude oil and PTA price in the short term. Pay close attention to cost side price fluctuations and epidemic changes.

Trade name: acetic acid

Latest price (January 6): 6060 yuan / ton

Key points of analysis: today’s acetic acid market decreased slightly, the price decreased by 0.49% compared with the previous working day, the domestic market decreased regionally, the ex factory price of acetic acid manufacturers in East China and Shandong decreased slightly, and the quotation of enterprises in South China and North China was stable. At present, the inventory of domestic acetic acid enterprises is rational, and the enterprises adjust the quotation according to their own shipment situation. However, the market supply is relatively sufficient, and the downstream market just needs to be purchased. After the acetic acid plant of manufacturers in East China is restored in the later stage, the market supply will increase. At present, the field operators hold a wait-and-see attitude towards the future market.

Future forecast: the short-term acetic acid market operates weakly and stably, and pay attention to the market supply.