Trade name: acetic acid

Latest price (December 15): 6170 yuan / ton

Key points of analysis: the domestic acetic acid market is dominated by wait-and-see operation. There is no pressure on the inventory of acetic acid enterprises. The supply of goods in the market is sufficient. The downstream purchase is mainly needed. The on-site trading is OK. Individual enterprises ship smoothly and the quotation rises slightly. At present, the market supply and demand basically maintains a balance. In the later stage, acetic acid maintenance manufacturers in East China may resume production. At present, the industry holds a wait-and-see attitude towards the market.

Future forecast: the short-term acetic acid market fluctuates slightly, finishing and running, and paying attention to the market supply.

Trade name: sulfur

Latest price (December 14): 1956.67 yuan / ton

Key points of analysis: according to the price monitoring of business society, refineries in various regions in China today have different performances, and the sulfur market is mixed. The price of solid sulfur in Shandong has increased by 20-50 yuan / ton, and the price of liquid sulfur has decreased by 70-80 yuan / ton, while the performance of solid sulfur in East and North China is stable. The price of liquid sulfur has decreased by 50-80 yuan / ton in East China and 60 yuan / ton in North China. Domestic refineries have sufficient inventory and average downstream demand. Sulfuric acid is not actively purchased in the market. In addition, the increase of imported liquid sulfur has impacted the domestic market, and the focus of liquid sulfur price has shifted downward. On the other hand, the progress of winter fertilizer storage market is slow, there are few new orders of phosphate fertilizer, and the terminal consumption does not support sulfur. The industry holds a wait-and-see attitude towards the future market.

Future forecast: the future sulfur market is in a stalemate, and pay attention to the downstream follow-up.

Price list of magnesium ingots in Shaanxi on the 13th

Market analysis

According to the data monitoring of business agency, on the 13th, 99.9% of the factory price including tax in mainstream areas was 41000 yuan / ton, up 2.50% from yesterday. The quotation of factories in main production areas of Shaanxi was increased by 1000 yuan / ton including tax.

From the perspective of supply and demand, the inventory of magnesium plant is still tight, the transaction scheduling has been postponed to next month, there are few high price orders in the domestic market, and the transactions are mainly just needed. Driven by the foreign trade orders at the weekend, the magnesium price is increased by 1000 yuan / ton today. From a policy perspective, traders are still waiting to see the impact of environmental protection inspectors on magnesium ingot production in December, providing some support for the rise of magnesium ingots.

Future forecast

At present, the follow-up of high prices in the market is insufficient, the rising power is not strong, the environmental protection factors are uncertain, and the possibility of decline is unlikely. In the short term, the magnesium market is mainly stable, focusing on demand follow-up and environmental protection policy news.

Following the sharp decline in the price of viscose staple fiber last week (a decline of nearly 1000 yuan / ton), this week (December 6-10), the viscose staple fiber market continued to operate in a weak position, and manufacturers were under great pressure, but they were willing to support the price. Under the influence of the continuous weakening of downstream consumer demand, the price of viscose staple fiber continued to decline in a weak position.

According to the price monitoring of the business society, as of December 10, 2021, the domestic ex factory quotation of 1.2D * 38mm viscose staple fiber was 12860 yuan / ton, a decrease of 320 yuan / ton or 2.43% compared with last Friday. From November 28 to December 10, the price of viscose staple fiber fell from 14140 yuan / ton to 12860 yuan / ton, down 1280 yuan / ton, down as much as 9.05%.

Upstream staple and pulp Market

Due to the weak market of viscose staple fiber and the slight decline in the quotation of raw pulp, the chemical fiber factory is still negotiating with the pulp agent. The inquiry of domestic dissolved pulp is limited, the trading volume is under pressure, and the price is loose with the imported pulp. In the spot market, recently, the average quotation of broad-leaved dissolved pulp in the outer market is around 910 US dollars / ton, and the price of domestic dissolved pulp is 6500-7000 yuan / ton. The actual transaction can be negotiated. The deal was not good.

Downstream cotton yarn Market

This week (December 6-10), people’s cotton yarn was in weak finishing, and the hope was strong, but the trading atmosphere was weak and the downstream terminal demand was weak. According to the price monitoring of the business community, as of December 10, 2021, the average ex factory price of human cotton yarn (30s, ring spinning, first-class products) was 18700 yuan / ton, down 266 yuan / ton from last Friday (December 3), a decrease of 1.4%.

From the current market situation, it seems that the acceptance of viscose staple fiber with obvious price reduction is still not high. Due to the insufficient order demand, the yarn prices of yarn mills and traders continue to adjust. Due to the insufficient orders, the upstream raw material prices continue to be squeezed. The downstream demand of the terminal is slightly insufficient, and the price support is difficult. The overall market atmosphere is relatively light, and most of them hold a wait-and-see attitude.

On the other hand, the accumulation of products in the downstream textile mills is becoming more and more obvious. Coupled with the high cash flow pressure before the Spring Festival, the textile mills began to clear their warehouses and collect money, and their willingness to purchase human cotton yarn decreased significantly.

Future forecast

According to the experience of previous years, there will be a “little sunny spring” market in the raw material market in December. If the domestic epidemic situation eases, the downstream consumer confidence recovers, and the terminal textile factory opens to replenish the inventory for the Spring Festival, the future market of viscose staple fiber is still possible. The recent trend of viscose staple market mainly depends on the upstream and downstream game and the demand of downstream terminals. The short-term wait-and-see mood of viscose staple fiber is strong, the inventory of the yarn factory is relatively sufficient, and the willingness to purchase viscose staple fiber is limited. The quantity and price of rayon yarn are soft, and the trading atmosphere is down. Business analysts expect that the short-term viscose staple fiber and cotton yarn market will mainly be sorted downward, and the price may continue to decline slightly.

1、 Price trend

As can be seen from the above figure, the ex factory price of domestic potassium chloride was temporarily stable this week. This week, the factory quotation of domestic salt lake potassium chloride was 3190.00 yuan / ton, a year-on-year increase of 47.69% compared with the same period last year. The market price is about 3700-3800 yuan / ton. On the whole, the domestic potassium chloride market was temporarily stable this week. On December 10, the commodity index of potassium chloride was 101.27, the same as yesterday, down 2.45% from the highest point of 103.81 in the cycle (2021-10-12), and up 73.85% from the lowest point of 58.25 on August 6, 2020. (Note: the period refers to the period from March 1, 2012 to now)

2、 Market analysis

The quotation of mainstream domestic potassium chloride manufacturers this week is temporarily stable: the factory quotation of Qinghai Salt Lake potassium chloride at the weekend is 3190 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Anhui kemico’s 62% Russian White potassium distribution quotation is 4100 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Anhui kemico’s 60% white distribution quotation is 3950 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Anhui Badou 62% Russian White potassium distribution quotation is 4100 yuan / ton, which is temporarily stable compared with that at the beginning of the week. Jinan bayat potassium chloride distribution quotation is 5000 yuan / ton, which is temporarily stable compared with that at the beginning of the week. The selling price of potassium chloride actually built in Shanghai is 4600 yuan / ton, which is temporarily stable compared with that at the beginning of the week; The price of 62% white potassium in the port is about 4000-4100 yuan / ton. Border trade 62% Russian White potassium will not be quoted temporarily.

 
From the downstream market of potassium chloride, the ex factory price of potassium carbonate was temporarily stable this week, with a quotation of 8133.33 yuan / ton, up 27.58% year-on-year compared with the same period last year. The ex factory price of potassium nitrate was temporarily stable this week, with a quotation of 5900.00 yuan / ton, an increase of 42.17% over the same period last year. On the whole, the downstream market of potassium chloride has been consolidated at a high level, and the demand for potassium chloride has increased.

3、 Future forecast

In mid December, the overall trend of potassium chloride market may rise slightly. The start-up of Salt Lake and zangge units has not reached full opening, and they have successively entered the winter maintenance period. The output of potassium chloride is gradually declining, and the supply of goods is tight. The winter storage market has started one after another, and traders take a small amount of goods. From the perspective of industrial demand, the overall operating rate of the downstream market of potassium chloride is not high, and it is mainly just needed to purchase. While the international potash price is high, the domestic potash is still likely to rise. Potassium chloride analysts of business society believe that the domestic potassium chloride price may fluctuate slightly in the short term, focusing on the news related to large contracts.