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Demand was weak,acetic anhydride price fall this week (5.13-5.17)

First, the price trend: The price of acetic anhydride fell this week, according to business data monitoring.

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As of May 17, acetic anhydride enterprises quoted an average price of 4950.00 yuan/ton, compared with the earlier this week acetic anhydride quote 5083.33 yuan/ton, the price fell 2.62%, compared with the last weekend quoted 5233.33 Yuan/ton fell, a decrease of 5.41%; the price is 38.7% lower than the price of acetic anhydride in the same period last year.

Second, the market analysis:

Product Analysis: This week the domestic acetic anhydride factory offer fell, the market transaction price fell. As of May 17, most of the factory prices in 4800-5000 yuan/ton, the actual transaction price fell, the actual transaction price in Shandong region in 4850 yuan/ton, the price fell, the market quotation for the reference price, the actual transaction price to the actual consultation prevail.

Acetic anhydride factory equipment construction rate to maintain a high, but the downstream sales of acetic anhydride cold, acetic anhydride market in general, after the fall of acetic anhydride pressure is greater.

Analysis of industrial chain factors:

Product Name

Specifications

Quotation area

5.13

5.14

5.15

5.16

5.17

Change

Year%

Unit

Acetic anhydride

Premium Products

Shandong

5083.33

4983.33

4950.00

4950.00

4950.00

-133.33

-2.62

RMB/ton

Acetate

Premium Products

East

2616.67

2616.67

2616.67

2616.67

2616.67

0

0

RMB/ton

Methanol

Premium Products

Shandong

2234.00

2252.00

2260.00

2266.00

2280.00

46.00

2.06

RMB/ton This week acetic anhydride raw materials acetic acid prices temporarily stable, methanol price shock rose. As of May 17, acetic acid quoted 2680.00 yuan/ton, compared with the beginning of this week acetic acid price stability, this week methanol price shock rose, as of May 17, methanol quote 2280.00 yuan/ton, methanol price increased 2.06% this week, acetic anhydride cost rise, the acetic anhydride market has a positive impact,

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After the aftermarket acetic anhydride has a certain upward momentum.

Third, the forecast of the aftermarket: Business Society acetic anhydride data analyst Baijia believes that this week acetic anhydride raw materials acetic acid price temporarily stable, methanol price shock rise, acetic anhydride cost rise, acetic anhydride price has a certain upward momentum. Recently, acetic anhydride manufacturers started high rate, adequate supply, demand, the recent downstream procurement in general, acetic anhydride sales pressure, acetic anhydride market negative impact is greater. Overall, acetic anhydride market is mixed, the cost of acetic anhydride increased, acetic anhydride decline space is limited, acetic anhydride supply is sufficient, downstream demand in general, overall oversupply, acetic anhydride market is more than good, but acetic anhydride decline space is limited, expected after the fall of acetic anhydride price shock stability.

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Domestic Ethanol Market Fluctuated Variously on May 15

Price Trend

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According to the monitoring data of business associations, as of May 15, the average price of ethanol market in China was 5220 yuan per ton, and the price of ethanol market in China varied from region to region.

II. Market Analysis

Products: The domestic alcohol market has varied from region to region. Northeast Jilin corn ethanol narrow-range finishing, downstream delivery is general, the high-price signing situation in the early stage is not good, individual low-end has a trend of callback; East China and North Jiangsu are on the sidelines, downstream purchasing keeps just the level of demand, factories rely on their own supply of low-level intentional bidding, but the overall trading atmosphere is weak; South China is a large factory quotation is low, high-end source shipment is not good, Guangdong Province Import prices in the region weakened slightly, and the downstream basically maintained the rhythm just needed.

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Industry Chain: Maize: In May, inventory continued to decline, annual maize planting area and output continued to decline, which led to the corn trading enterprises reluctant to sell, imported maize increased and came to Hong Kong one after another. The game between the main factors, such as timely start of maize storage, will directly affect the trend of maize market. We predict that the general trend of corn market in May will be more likely to rise, but we do not support a short-term surge. Sustained slow rise should be the mainstream performance of the market. After the arrival of bulk imported Maize in Hong Kong and the commencement of pre-storage auctions, the impact on the mainstream market is expected to be limited. Invite low inventory enterprises to replenish stocks appropriately in case of unexpected events. Ethyl acetate: The domestic market of ethyl acetate is weak. The market supply is still oversupply. It is difficult to alleviate. Some local suppliers continue to concede profits and push down market transactions.

3. Future Market Forecast

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The downstream demand is gradually weakening. After the accumulation of enterprise inventory in Northeast China, the short-term market is expected to remain weak. It is difficult to improve in the downstream of East China in the short term. Under the influence of poor demand, ethanol analysts of business associations predict that the domestic ethanol market will be weak in the short term.

China’s domestic methane chloride market continued to rise after May 1st

Price Trend

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According to the monitoring data of business associations, the price of methane chloride in China continued to rise after the May 1st holiday. The average price of dichloromethane in Shandong was 2800 yuan/ton at the beginning of the month and 3500 yuan/ton at the end of May 13th, up to 25%. The average price of trichloromethane in Shandong was 2733 yuan/ton at the beginning of the month and 3200 yuan/ton at the end of May 13th, up by 15.38%.

II. Cause Analysis

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Product Reasons: After May 1st, due to the smooth start of the downstream refrigerant market as a whole, just need to be combined with Shandong Jinling chemical overhaul, the overall supply of methane chloride market is tight, enterprises and traders Multi-Limit shipment and low inventory. At present, the quotation of dichloride in Shandong is about 3500 yuan/ton and trichloride is about 3200 yuan/ton; that of dichloride in Jiangsu is about 3700-3800 yuan/ton and that of trichloride is about 4000 yuan/ton; that of dichloride in Jiangxi is about 3750 yuan/ton and that of trichloride is about 3650 yuan/ton. In terms of start-up, at present, the time for Jinling chemical plant to be repaired and restored is uncertain; Dongying Jinmao fully loaded operation; Luxi chemical plant to start 60%; Jiangsu science and technology plant to start normal; Jiangxi science and technology plant to run normally, etc.

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Industry chain: Upstream, the natural gas market gradually warmed up, with a small increase of 1.82% after May 1, and the current average price of about 3363 yuan/ton; the domestic methanol market rose and fell, the mainland partially rose, downstream replenishment and later part of the plant parking and other good news support, the mainland part of the market shipment is still possible, coupled with the recent increase in freight charges caused by increased arrival costs, part of the continued to rise, at present all. The price is about 2248 yuan/ton; the liquid chlorine market is stable and weak, and the storage pressure of enterprises is relatively large. Enterprises in North China offer more than 1 yuan/ton, and subsidized freight is about 100 yuan/ton. Eastern China is affected by overhaul, and more than 500 yuan/ton. Downstream, R410a market shocks adjustment, refrigerant downstream market demand is flat, mostly export orders; R22 refrigerant market overall start-up rate is about 60%, market turnover is flat, now the enterprise water factory reported 18500-18800 yuan/ton.

Industry: According to the price monitoring of business associations, in the 18th week (5.6-5.10) of 2019, there were 24 kinds of commodities rising annually in the chemical sector, of which 3 commodities increased by more than 5% accounted for 4.1% of the monitored commodities in the sector; the first three commodities were dichloromethane (13.33%), trichloromethane (10.98%) and acetone (5.15%). There are 31 kinds of commodities with a decline of more than 5%, accounting for 4.1% of the monitored commodities in this sector. The products with the first three declines are hydrochloric acid (-34.43%), sulfuric acid (-21.48%) and ammonium chloride (-8.20%).

3. Future Market Forecast

Data analysts of business associations’methane chloride data believe that at present, the overall start-up of methane chloride production enterprises is low, the spot supply is tight and the inventory is low, and the supply-side gap is difficult to effectively remedy in a short time. Although the current downstream market demand is general, it is about to enter the peak season of refrigerant demand, and the market of methane chloride is expected to be strong in the near future.

The price of sodium pyrosulfite runs steadily this week (5.6-5.10)

First, the domestic price trend chart of sodium pyrosulfite

According to Business Society monitoring, this week, the domestic price of sodium pyrosulfite continued to hold steady operation, industrial grade sodium pyrosulfite early in the week average price of 1983.33 yuan/ton, the weekend average price of 1983.33/ton, the change of 0%.

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Second, the market analysis Products: This week, sodium pyrosulfite market as a whole continued to run smoothly, industrial grade sodium Pyrosulfite market price range of 1800-2100 yuan/ton, most prices concentrated in the vicinity of 19000 yuan/ton. Enterprise production is more stable, relatively adequate inventory, enterprises are still to complete the old customer orders mainly.

(The above prices are refers to the domestic mainstream enterprises external quotations, some of the outstanding enterprises are not in its scope, the price is for reference only, and the final pricing of manufacturers have nothing to do, please contact the manufacturers to consult).

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Industrial chain: This week, the domestic soda price continued to run at the bottom, sulfur prices continue to weak operation, upstream product prices continued to be weak, processing costs suppressed under the short-term domestic price of sodium pyrosulfite market overall upward pressure.

Third, the forecast of the aftermarket Business analysts believe that upstream product prices continue to be weak, processing costs are relatively low, downstream wait-and-see attitude is strong, it is expected that the domestic market price of sodium pyrosulfite in the short term will continue to operate at the bottom.

http://www.sodium-persulfate.com

April Propane Market quotes continue to push up

First, the price trend Propane market continued to rise in April.

At the beginning of the month propane market average price in 4282.5 yuan/ton, the end of the month average price of 4737.5 yuan/ton, the monthly increase of 10.62%, the price is up 14.58% compared with the same period last year.

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Ii. Analysis of influencing factors Products: This month propane prices pushed up continuously, the market transaction atmosphere is mild. As of April 30, Shandong Dongming Petrochemical Propane is not quoted, Tianjin Bohai Chemical Group Supply and marketing company propane propane is not quoted. Shandong Hai Right Petrochemical Group propane factory price of 4750 yuan/ton, Shandong HSBC Petrochemical Propane factory price of 4780 yuan/ton, Shandong Hengyuan Petrochemical Co., Ltd. Propane factory price of 4770 yuan/ton, Shandong Binzhou great group Propane factory price of 4700 yuan/ton,

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Sinopec Qingdao Refinery Chemical Co., Ltd. Propane factory price of 4640 yuan/ton, Shandong Zhonghai Fine Chemical Co., Ltd Propane factory price of 4650 yuan/ton. Industrial chain: April domestic liquefied petroleum gas market continuous upward. At the beginning of the month, the average price of domestic liquefied gas market was 4282.5 yuan/ton, the average price at 14.58% 10.62% 4737.5 the end of April Domestic Propylene (Shandong) first significantly rose out of the trend of downward concussion. The first half of the propylene market rose after the stabilization, the second half of the month prices began to decline concussion, but the overall range is not big. At the beginning of the enterprise average price of 6991 yuan/ton, the end of the month is 6885 yuan/ton, the monthly decline of 1.52%. May Saudi Aramco CP: Propane 525 USD/ton, up 10 from the previous month, with an CIF cost of around 4137 yuan/ton.

Butane 530 USD/ton, down 5 from the previous month, the CIF cost of about 4174 yuan/ton. April Propane Market performance is good, the price of continuous upward. The market transaction atmosphere was better than last month. April CP introduced, propane rose, in the import cost to boost, the domestic market price quickly upward. International oil prices rose in a row this month, to the good of propane. Downstream buying and not buying under the mentality of active market procurement, coupled with some manufacturers are still in the state of maintenance, the market supply is reduced. Factory shipments continue to be smooth, inventory maintenance low.

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The whole month propane market trend is strong, prices continue to push up. Industry: According to business price monitoring, in April 2019, commodity prices rose and fell in the chemical sector a total of 14 kinds of goods, including more than 5% of the total number of goods 8, accounting for the plate of 11.1% of goods monitored; The top 3 commodities were hydrochloric acid (51.06%), TDI (22.62%) , Ammonium chloride (17.79%). A total of 46 items fell in the ring, a total of 14 products fell above 5%, accounting for 19.4% of the number of goods monitored in the sector, and the first 3 of the decreases were formaldehyde (37%) (-19.79%), Trichloromethane (-13.78%) and sulfur (-12.36%).

This month all change to-0.84%.

Third, the forecast of the aftermarket Business Society Propane Analysts believe: May CP introduced a small increase on the market to a boost, but the current price has risen to a relatively high, downstream part of the wait and see, the international crude upward resistance is greater, bearish market mentality. It is expected that the May trend or the possibility of a first steady and subsequent decline.

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Potassium chloride market continues to stabilize after the “51″ festival

“51″ After the festival, the domestic potassium chloride market overall supply and prices are relatively calm, the local market due to the balance of supply and demand was broken, the price of a small decline. In terms of domestic potash fertilizer, the production and transportation of Salt Lake Group installations are normal. Enterprise daily output of about 13,000 tons, inventory of about 750,000 tons. At present, Salt Lake Group 60% potassium chloride official station price of 2350 yuan (ton price, the same below), 57% potassium chloride to the station 2190 Yuan. Downstream buyers according to the volume of goods different, the price concessions reduced to 30~50 yuan. Local small factories are operating normally. 57% Powder Gelmu Freight yard self-quoted 1750~1800 yuan, preferential margin is very small. Port Potash fertilizer due to adequate inventory, the price is stable, the deal has slipped. Some new goods are expected to arrive in the near future. 62% White Potassium Mainstream quote 2350~2400 yuan, large particles quote 2370~2450 yuan, Russian red potassium quote 2250~2280 Yuan.

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At present, the border trade port potash fertilizer inventory is low, the new supply supplement is less, to the northeast market digestion mainly, 62% Russian white potassium quote 2130~2150 yuan. As a result of the recent spring fertilizer gradually into the end, downstream compound fertilizer enterprises start rate is stable, the overall construction rate is insufficient, so the purchase volume of potassium chloride is less. At present, potash fertilizer transaction more than a single discussion. Liangguang area Potash Fertilizer supply is more abundant, the price is relatively stable, the actual transaction is general. Among them, 62% Russian white potassium quote 2380 yuan, 60% white potassium quote 2280 yuan, Russian red potassium quote 2250 yuan, granular red potassium quote 2380~2400 Yuan. Northeast Potash Fertilizer Inventory is not much, new single deal weakened, price shock downward. Dundee granule Red Potassium quote 2400~2450 yuan, 62% white potassium quote 2330~2350 yuan.

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May 6 China’s domestic butadiene market is cautiously watching

First, the price trend

graph.100ppi.com (500×300) Recently, the domestic butadiene market is careful to wait and see mainly.

Business Society monitoring shows that as of May 6, the price of Butadiene is 7834 yuan/ton.

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Ii. Analysis of influencing factors

Products: Domestic Butadiene market finishing and watching mainly, after the festival manufacturers do not have the latest price guidelines, downstream most of the digestion of raw materials inventory, the intention of the inquiry is low, the intention of the broker offers is not high, Shandong region sent to the price reference 7800-7900 yuan/ton, east China in 8000 yuan/ton, real single negotiations. Industrial chain: Downstream synthetic rubber aspect, Butadiene rubber: Although the day glue futures rebound, but the supply-side policy continues to exist repression, and the demand is also relatively weak, butadiene rubber market presents a concussion pattern, the industry is watching at the same time to offer more flat water factory, trading is small. Butadiene Rubber: Domestic butadiene rubber market stability. By the price support of the day glue, business offers in the factory prices, and low-cost shipping intention is not high, buyers into the market replenishment, small single deal in the factory price.

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SBS: Domestic SBS Market oil glue, dry rubber channel changed slightly finishing.

Third, the forecast of the aftermarket Recently northeast manufacturers or will have a small number of sources of export, and with the Puyang Blue Star device restart, the late supply surface slightly increased, but short-term northeast manufacturers inventory is low, and Inner Mongolia Jutai temporarily no commodity outflow, to a certain extent to bring support to the market, business society butadiene analysts expect that in the short term domestic butadiene market maintenance mainly, It is suggested to pay attention to the release situation and transaction guidelines of Northeast manufacturers.

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Profits of Listed Companies in carbon black industry fell sharply in the first quarter

The report of the first quarter of 2019 issued by four major carbon black listed companies in China shows that the net profit of the four companies has declined dramatically, even a huge quarterly loss of more than 74 million yuan.

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On March 30, Jiangxi Black Cat Carbon Black Co., Ltd. issued a performance forecast for the first quarter of 2019. The company expects net profit attributable to shareholders of Listed Companies in the first quarter to be between – 50 million yuan and – 80 million yuan. The profit for the same period last year was 134.836 million yuan.

According to Black Cat Carbon Black, the price of coal-coke black raw material oil was running at a high level from January to March this year. During the same period, affected by the decline in production and sales rate of automobile industry and negative expectations of trade frictions, tire companies’purchasing willingness declined, and the selling price of carbon black products continued to decline. The bad situation of “expensive raw materials and cheap products” had not been improved.

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According to the data of Jinneng Technologies, the company’s quarterly sales increased by 27.54% to 606,000 tons from January to March 2019, but sales revenue increased by only 1.30%, which was caused by the sharp fall in the price of carbon black products.

According to the data monitored by business associations, the price of domestic carbon black quoted 6,900 yuan/ton on April 29, with a small fluctuation and a price fluctuation range of 100-300 yuan/ton. This month, the volatility of carbon black market is mainly upward.

Since the fourth quarter of last year, the price of raw oil for carbon black production has fluctuated dramatically, resulting in a “passive price drop” of carbon black products, and the quarterly operating profit of enterprises has even been reduced to zero.

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Business analysts believe that the number of carbon black enterprises in China is large, overcapacity and decentralized, and competition is fierce. Because of the lack of concentration of production capacity, price rises may be taken away by other competitors. As the short-term has not been significantly positive, the market is expected to continue to operate at a low level.

This week’s lead market “V” trend, a weekly increase of 0.23% (4.22-4.26)

Price Trend

This week’s lead market (04.22-04.26) “V” trend, the average domestic market price at the beginning of the week at 16 625 yuan / ton, weekend at 16 662.50 yuan / ton, a weekly increase of 0.23%.

The lead commodity index on April 27 was 101.41, unchanged from yesterday, down 24.33% from the cyclical peak of 134.01 points (2016-11-29), and up 35.88% from the lowest point of 74.63 on March 19, 2015. (Note: Period refers to 2011-09-01 to date).

II. Market Trend Analysis

Domestic market: This week, the main trading range of spot lead is 16450-16700 yuan/ton. The downstream battery companies are easing their fear of falling, but continue to purchase more on demand, maintain low inventory, and overall turnover has not significantly improved. As of Friday, the main sources of goods in the market are concentrated in Jinsha, Nanfang and Tongguan, etc. The mainstream quotation of brand lead in Shanghai maintained at 16650-16850 yuan/ton.

Domestic events:

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Lithium Battery VS Lead-acid Battery Who Will Be Better

“Technical Specification for Electric Bicycle Safety” was formally implemented on April 15 this year. This is another game between lithium batteries and lead-acid batteries in the electric bicycle market. In this game, lithium batteries are also gaining the upper hand gradually. We can even predict that most of the products that will appear in the future mini-electric vehicle market will be products with lithium batteries. Of course, these products are manufactured according to the relevant regulations and requirements of the state. However, it is self-evident whether it is still the earliest generation of bicycle that people need and whether it deviates from the original intention of the market. According to the requirements of the new national standard, the weight of the waste battery of electric vehicles (including batteries) should not exceed 55 kg. The most direct way to reduce the weight of electric vehicles is to replace lead-acid batteries with lithium batteries.

The survey shows that the pollution of electric vehicles is much more serious than that of diesel vehicles.

Recently, new energy vehicles have again become the focus of public attention. Unlike the previous financial crisis of the automobile factory and the lace news of the owner, today’s electric vehicle companies may face a series of trust crises. Just last week, the Ifo Institute of Economics in Germany published a research report saying that if we convert electricity consumption into carbon dioxide emissions and take into account lithium battery production and related energy consumption, the carbon dioxide emissions of electric vehicles may be 11% to 28% higher than those of ordinary fuel vehicles – that is to say, electric vehicles not only have no help to improve the environment, but also improve it. One-step release of pollutants. Although the issue of hardware safety has a greater impact and dissemination than the German agency’s report, the pollutant emissions studied in this report are obviously an equally important and important aspect that cannot be ignored.

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Non-ferrous industry: This week, the US data is bright, the euro zone data is weak, the US dollar index has finally got rid of the oscillating platform range in the past two years, hitting a two-year high of 98.3. Most of the basic metals are under pressure, and the May Day is coming. Risk aversion factors and weak consumption make most of the products difficult to highlight.

3. Prospects for the Future Market

Next week, there will be only two trading days in China. The market will focus on risk aversion, position reduction and inventory reduction. It is expected that most items will remain volatile and will return after the festival to await the guidance of the external market.

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Price trend of domestic fluorite market in China is temporarily stable on April 24

On April 23, the fluorite commodity index was 98.77, unchanged from yesterday, down 22.53% from the peak of 127.49 points in the cycle (2019-01-03), and up 100.71% from the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

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According to statistics, the domestic fluorite price trend is temporarily stable, the average domestic fluorite price is 2815 yuan/ton as of the 24th day, the recent domestic fluorite plant start-up is normal, the mine and flotation plant start-up is normal, the supply of fluorite in the field is normal, the recent downstream commodity market is general, for the fluorite market purchasing on demand, fluorite market price fluctuation. In recent years, the downstream units started poorly, the fluorite spot supply in the field was normal, and the downstream terminal receiving situation was not good, which led to a slight decline in market price trend. As of the 24th, the price of 97 fluorite wet powder in Inner Mongolia was 2700-3000 yuan/ton, the mainstream of 97 fluorite wet powder negotiations in Fujian was 2600-3000 yuan/ton, the price of 97 fluorite wet powder in Henan was 2600-3000 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi was 2700-3000 yuan/ton. Fluorite price trend remained volatile.

The price trend of hydrofluoric acid Market in downstream fluorite has risen slightly. The domestic market price of hydrofluoric acid is 10483.33 yuan/ton as of 24 days. The price fluctuation of hydrofluoric acid market has a positive impact on the upstream fluorite market, but the recent start-up of hydrofluoric acid plant has declined, the demand for fluorite has weakened, and the price fluctuation of fluorite has been running. Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid products prices slightly lower. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water factory offer price is between 18,000-18,800 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery quotation is general. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. But the on-site transaction price does not change much. Businessmen buy on demand. Generally speaking, the downstream industry is in a general market. In addition, the fluorite market supply is normal. Fluorite prices are stable temporarily. Business analyst Chen Ling believes that the fluorite market price may maintain a volatile trend.

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