Epichlorohydrin market shock finishing (6.1-6.8)

According to the data of the bulk list of business agencies, the average price of epichlorohydrin enterprises as of June 8 was 13100 yuan / ton, down 0.76% compared with the price at the beginning of the month, 7.75% lower than that on May 8, and 11.97% year-on-year in three months.

In May, epichlorohydrin market as a whole showed a downward trend, entering the market shock finishing in June. At present, the cost side is strong, but the inquiry and purchase is the main demand for the downstream tour. The actual investment and investment are limited, the transaction is slightly general. The 8-day quotation of the enterprise is mainly stable, the price of individual enterprises is adjusted and the market is stiff.

The upstream propylene price was stable by June 7 in Shandong Province. According to the price map of business agency, after a substantial increase of 150-250 yuan / ton on the 3rd, the market is reorganized and operated today. Some enterprises have slightly reduced 50 yuan / ton, and the current market transaction has risen to 8050-8150 yuan / ton, with the mainstream price of about 8050 yuan / ton.

Downstream epoxy resin, June 8, the liquid epoxy resin in East China was up in the early stage, and the offer was relatively stable today. The main market negotiation offer was 27000-27500 yuan / ton in barrels.

According to the epichlorohydrin analyst of business agency, in the view of comprehensive view, the current cost and demand end game is dominated by on-site observation. It is expected that epichlorohydrin market will be mainly shaken in the short term, and more attention should be paid to market information guidance.

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Styrene weakens, EPS price falls

1、 Price trend

According to the monitoring data of the business community, the average price of EPS ordinary material was 11250 yuan / ton at the beginning of this week, and 11150 yuan / ton at the weekend, with a price drop of 0.89% and an increase of 40.03% compared with the same period last year.

2、 Market analysis

Styrene softened slightly, EPS market returned to flat after continuous volume increase, business wait-and-see atmosphere warmed up, overall transaction weakened significantly. The inventory of styrene terminal factory is low, and the merchants enter the market continuously for replenishment. Most EPS factories have a large turnover. However, with the completion of periodic replenishment by the merchants after the middle of the week, the inquiry atmosphere of the merchants weakens and the market returns to be flat.

As of June 3, Jiangsu’s ordinary materials were 11000 yuan / ton, down 200 yuan / ton, or 1.79% on a month on month basis, and its fuel was 11500 yuan / ton, down 200 yuan / ton, or 1.71% on a month on month basis. The main port of East China is expected to have accumulated inventory. In addition, some downstream demand may weaken, and new and overhauled units will soon be in normal production. Under the pressure of increased supply, styrene is expected to be slightly weak next week.

3、 Future forecast

At present, some areas are facing the impact of wheat harvest and power rationing, and the overall construction of the downstream is expected to weaken. It is expected that the market demand will weaken slightly next week, and the EPS market price will weaken slightly.

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Stainless steel price firm, nickel price decline may be limited (5.31-6.4)

1、 Trend analysis

According to the nickel price monitoring of the business community, the nickel price rose first and then fell this week. The spot nickel price was 131700 yuan / ton, down 1.37% from 133533.33 yuan / ton at the beginning of the week, down 2.78% from the beginning of the year, up 28.2% year on year. At the beginning of this week, Shanghai nickel mainly opened at 131380 points, then the price rose and fell, closing at 131350 points at the deadline on Friday, with a weekly decline of 0.73%. Lunni closed at US $17910 by Friday’s deadline, down 0.08%.

Downstream stainless steel

According to the stainless steel price monitoring of the business club, the price of stainless steel rose slightly this week. The quotation of spot stainless steel was 131700 yuan / ton, down 1.37% compared with 133533.33 yuan / ton at the beginning of the week, down 2.78% compared with the beginning of the year, up 28.2% year on year.

2、 Market analysis

At the beginning of the week, the US dollar index was weak and nickel prices were relatively strong. Towards the weekend, the US dollar was stronger, and worries about the Fed’s reduction of support intensified, and metal prices were under pressure as a whole. In terms of fundamentals, domestic nickel mines on the supply side are tight, and there is interference in the supply side in the near future. Due to the breakdown of labor negotiations, Vale suspended the operation of nickel mines in Sudbury, Canada. Due to the shortage of power in China, some ferronickel plants shut down for maintenance, and NPI prices rose slightly, but the pressure on the far end of nickel supply side is relatively high. The price of stainless steel in the lower reaches is relatively strong. Due to the shortage of power in southern China, the production of stainless steel is affected. Last week, it was said that three narrow strip steel plants in Guangxi stopped operation due to power failure. Many enterprises in Guangdong received the power restriction notice. Guangdong is one of the main production areas of stainless steel. The above situation will certainly affect the short-term production of stainless steel. Supported by the growth rate of new energy vehicle consumption, nickel sulfate consumption improved. Stainless steel inventory decreased and consumption performed well.

To sum up, the price of stainless steel is strong due to tight power supply restriction, which supports the nickel price. However, in the off-season of demand in June, the nickel price maintains a weak trend, which is mainly affected by macro sentiment.

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PC market under pressure

According to the data monitored by the business society, the comprehensive price of PC market as of June 3 was 27933.33 yuan / ton, and PC was mainly weak and stable in the near future. At present, the market watching atmosphere is strong, the transaction atmosphere is general, and the narrow fluctuation of PC market in the short term remains weak.

PC market is weak in operation, the mentality of trading and investment is rigid, the negotiation center is low, the downstream follow-up is slow, the purchase is required to maintain, the PC market has a strong waiting atmosphere, mainly in the near future, mainly weak shocks, and there is the possibility of continued decline. The upstream BPA price is stable and small, and the price of the carrier is willing to be strong.

On June 2, the rubber and plastic index was 781, up 2 points from yesterday, down 26.32% from 1060 (2012-03-14), the highest point in the cycle, and 47.92% higher than the lowest point of 528 on April 06, 2020( Note: the cycle refers to December 1, 2011 to present)

PC analysts of business agency think: PC market is under pressure in the short term, and the focus of negotiation is low( If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.

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The potash fertilizer market is active, and the potassium sulphate is strong at the end of May

1、 Price trend

2、 Market analysis

According to the data of business news agency, the domestic potassium sulfate market rose in late May. As of June 1, the average price of domestic potassium sulfate 50 particle samples was 3066.67 yuan / ton, an increase of 3.37% compared with the average price at the beginning of May, and an increase of 13.15% compared with the same period last year.

The current price position of potassium sulfate is the accumulation of positive market from March to early April. At present, the domestic potassium sulfate price range is relatively high. Since May, it has been mainly in a horizontal stalemate. In late April, the domestic potassium sulfate spot price has increased significantly. In the whole of May, the domestic potassium sulfate Mannheim plant load adjustment was limited, which was generally flat, with an average start-up rate of more than 70%. Shijiazhuang hehe chemical 52% potassium sulfate powder factory reference price of 3200 yuan / ton. Shijiazhuang Haofang chemical 50% potassium sulfate powder factory reference price of 3000 yuan / ton, the manufacturer mainly to meet the early orders. Hebei Gaoqiao agricultural potassium sulfate 52% powder factory reference price of 3300 yuan / ton. In terms of raw material potassium chloride, the market was sideways in May, and the actual transaction was not good. On the whole, there is a certain contradiction between supply and demand of potassium chloride, the market atmosphere is cold, the downstream procurement is just needed, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride market is stable. In the first ten days of June, the overall trend of potassium chloride market may fluctuate slightly. The domestic potash fertilizer market rose at the end of the month, which was good for the potassium sulfate Market. However, the demand side reaction is general, and the consumption is not large.

3、 Future forecast

Business agency potassium sulfate analysts believe: potassium chloride prices stable in May. The price of potassium nitrate has risen, and the domestic potassium sulfate cost support is acceptable. At the same time, the cost side and the external price play a role in the market, and the producers and traders actively support the price. However, the market atmosphere is not good, the fluency of trading is not ideal, and the end users have a weak response to the rise of potassium sulfate supply. It is expected that the domestic potassium sulfate price will continue to adjust in a narrow range in the near future.

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