As the external disk prices, cobalt ore manufacturers reluctantly reluctantly mood, the market price of 91-93 yuan / kg, downstream said that they had more than 90,000 purchase price, but the market is now very difficult to get such a supply. Downstream to find low-cost supply, the market mainstream price hoard goods situation is not much, more than just to be the main. But just need to also increase, driven by increased production of precursor enterprises.

September 14, the Cobalt Commodity Index was 154.74, up 1.08 points from the previous day, down by 0.65% from its highest point in the cycle at 155.76 points (2017-09-04), up from 69.84 points on Friday, July 06, 121.56%. (Note: cycle refers to 2011-09-01 so far).

September 14 Asian p-xylene market closing price rose 1 US dollars / ton, closing price of 822-824 US dollars / ton FOB Korea and 840-842 US dollars / ton CFR China.

September 14, the US styrene market FOB US Gulf stable to 59.5-60 cents / lb, equivalent to 1309-1320 US dollars / ton.

LONDON (MarketWatch) – London Metal Exchange (LME) copper fell to a three-week low on Wednesday, as profit-taking, LME warehouse inventories increased, tense demand for China and rising dollar.

London time on September 13 17:00 (Beijing time on September 14 00:00), three-month copper fell 1.9 percent to $ 6,543 per ton, intraday low see $ 6,529. Copper prices have risen about 18% so far this year, partly due to speculative buying in July and August.

“We seem to be profitable and we may see more of this deal,” said Caroline Bain, senior commodity strategist at Capital Economics.

“China needs a little surprise, but a closer look at the data, the construction industry atrophy, which will drag the demand.”

The dollar is so high that the dollar-denominated metals are more expensive for non-US companies, which could hit the needs of the manufacturer.

Since last week, LME registered warehouse copper stocks increased by 38,150 tonnes to 246,575 tonnes.

High inventories, coupled with concerns about the oversupply of the copper market, helped spot copper rise above the three-month copper premium to $ 40 per tonne, the highest since December 2009. Traders say this shows that there will be more copper delivery in the coming days.

Three-month zinc closed down 1.2 percent at $ 3,023 a tonne.

Three-month nickel closed down 5.2 percent at $ 11,360 a tonne, down to a three-week low of $ 11,330, due to rumors that the main exporting country – Indonesia’s supply increased.

Three-month aluminum closed down 1.3 percent at $ 2,110 a tonne;

Three-month lead closed 0.9% lower at $ 2,290 a tonne;

Three-month tin closed 0.8% lower at $ 20,515 a tonne.

In August the market supply and the United States led the impact of Hurricane Harvey, “Golden nine” with the advent of the autumn, butyl acrylate market in the overall large under the strong, really did not let everyone disappointed, in the positive support, the mainstream The factory to raise a thousand dollars a day raised the “gold nine silver ten” the beginning of the gun. (As shown below incomplete statistics)

Resulting in “gold nine” butyl acrylate market rally and broad rise in the reasons, is it just because of the advent of traditional chemical season? Or a variety of good conspiracy for the small tape with a specific analysis:

Supply side: pre-affected by the domestic environmental inspection haze Difficult to disperse the impact of partial production of butyl acrylate plant unit low load or parking, some factories temporarily no goods, and shipments to the main contract households, domestic manufacturers low inventory, tight supply short-term Difficult to change, the recent good shipping in the market and lucrative, domestic manufacturers are to increase the start load, delivery of exports and pre-orders, the spot market is difficult to find low prices.

Cost: raw material propylene market is still high and strong, the external crude oil continued to go high and more good to lead the market consolidation of propylene rose, good news temporarily dominated, although the recent stalemate, propylene prices began to loose, still high. Domestic butanol to maintain a slight strong trend, the market inquiry atmosphere has rebounded to support the butyl acrylate factory mentality.

Peripheral market: August 29, Hurricane Harvey a huge impact, acrylic acid has not escaped magic grasp, BASF (BASF) announced that acrylic monomer and plasticizer encounter force majeure. We should remember 2016 “silver ten” period, the German factory for the explosion of BASF, the increase in domestic exports of acrylic, the market fried atmosphere rich, the price rose wide. And this year occurred in the “Golden September” period, China as Asia’s largest acrylic production countries, naturally transferred goods to the European region, the domestic mainstream production enterprises have closed at this time not reported that the trade market Wu goods not, butyl acrylate Market chaos, the market low-end high-end differences.

Overall, the current rapid shortage of market supply gap, the overall supply side of the stock continued to tighten the market pulled up sharply. The mainstream factory reluctant to sell the mentality of the obvious, mostly to contract the main household, a firm offer a single talk, the market is difficult to find low prices. In all kinds of good support, the spot operators are cautious, but the market outlook continues to bullish continuation, although the downstream plate chase positive, but the spot tight situation is difficult to ease short-term, while the factory continues to increase ex-factory price. Short-term butyl acrylate market still continue to shock up.