Author Archives: lubon

Refrigerant R134a prices continued to fall this week (9.9-9.12)

Price Trend

 

 

According to the price monitoring of business associations, the domestic R 134 ex-factory price continued to fall this week. The price at the end of the week (12 th) was 25166.67 yuan/ton, which was 27,000 yuan/ton compared with the price at the beginning of the week (9 th), and the price fell by 6.79%, which was 14.2% compared with the same period last year.

best iron supplement

II. Market Analysis

Product: This week, the market price of R134a has been markedly reduced. The operating load of the equipment of the manufacturer is low and stable. At the same time, the domestic demand environment has been weakening continuously. The new orders of the manufacturer are not good. The demand of the air conditioning industry has declined obviously, and the market demand is weak. There is great pressure on sales of R134a. Businessmen are pessimistic and the price has been lowered obviously. At present, the quotations of manufacturers are mostly concentrated in 24000-28000 yuan/ton. According to the data of business associations, as of September 12, Zhejiang Juhua Co., Ltd. had a price of 27,000 yuan/ton, Quzhou Jiuzhou Chemical Co., Ltd. had a price of 24,000 yuan/ton, Zhejiang Lengwang Technology Co., Ltd. had a price of 24,500 yuan/ton, and Jiangsu Blue Star Environmental Protection Technology Co., Ltd. had a price of 28,000 yuan/ton.

Ferrous Fumarate

Industry chain: The mainstream price of domestic anhydrous hydrofluoric acid manufacturers for upstream products is 9500-10000 yuan/ton. The ex-factory price of some factories in the field keeps low. The domestic hydrofluoric acid factories have a general start-up rate. The supply of goods in the field is sufficient, and the market price trend in the field is temporarily stable. Most downstream air-conditioning manufacturers enter the maintenance stage, and the demand for refrigerants is weak, which is not conducive to good support.

3. Future Market Forecast

Business Cooperative Refrigerant Analysts believe that the demand for refrigerant R134a is declining, the demand for refrigerant for air-conditioning manufacturers is decreasing, the cost of raw materials is difficult to form support, and the trend is expected to remain weak in the short term.

http://www.sodium-persulfate.com

Potassium nitrate fell this week (9.9-9.12)

Price Trend

According to the data monitored by business associations, the price of domestic potassium nitrate fell this week. At the beginning of the week, the price of domestic first-class industrial potassium nitrate was 4387.50 yuan/ton. At the end of the week, the price of domestic first-class industrial potassium nitrate was 4362.50 yuan/ton, a decline of 0.57%, and the current price fell by 4.90% compared with last year.

ferrous fumarate price

II. Market Analysis

Products: This week, the domestic potassium nitrate Market Trading atmosphere is relatively cold, potassium nitrate manufacturers actively seek price changes, but not yet effective, potassium nitrate manufacturers operating rate is at a low level, so the overall inventory of potassium nitrate is at a low level, there is no sales pressure, the actual turnover is general, downstream purchasing is just in demand, basically not ready. Goods, potassium nitrate prices fell. Domestic potassium nitrate mainstream manufacturers offer 4200-4500 yuan/ton.

Ferrous Fumarate

3. Future Market Forecast

The analyst of potassium nitrate of business association thinks that the market of potassium nitrate falls this week, the mentality of manufacturers is empty, the actual spot delivery is not good, the traditional peak season of “gold, nine silver and ten” has arrived, but it has not yet driven the price of potassium nitrate to rise, the market may be warming up after the festival, mainly by the demand-side-led price trend.

http://www.sodium-persulfate.com

Zinc market can not fall any more, zinc price may enter the saw-saw war

Price Trend

According to the data monitoring of business associations, the price of zinc rose in September, and the zinc market showed a trend of stopping falling and rising again. As of September 9, the price of zinc was 19260.00 yuan/ton, up 1.23% from 19026.67 yuan/ton at the beginning of the month, and down 11.62% from the same period last year.

II. Market Trend Analysis

Zinc processing fee

Zinc processing fee is the fee charged by the smelter for processing and producing zinc concentrate into zinc ingot. It is the main source of income for the smelter, accounting for 70-80%. As can be seen from the above figure, the processing fee of domestic zinc is maintained at 6050-6600 yuan/metal ton, while that of imported zinc concentrate is 280 dollars/dry ton, which is much higher than that of previous years. Compared with zinc price, zinc processing fee accounts for 32.4%. High processing fee limits the falling space of zinc price. After zinc price, the falling space is limited and the rising pressure is increased.

ferrous fumarate price

Domestic Zinc Production
In 2019, the domestic zinc production increased substantially. From January to July, the domestic zinc production increased by 6.1%, the supply of zinc increased, and the price of zinc fell under pressure.

Downstream demand

Data from the National Bureau of Statistics show that real estate investment, sales, funds and other data show a downward trend from January to July. The sales area of commercial housing was 887.83 million square meters, down 1.3% from the same period last year; the area for sale of commercial housing was 498.76 million square meters, down 8.4% from the end of June; the sales area decreased for seven consecutive months, and the area for sale dropped 500 million square meters for the first time in six years. The decline of real estate sales data indicates that the demand for non-ferrous metals in the future of the real estate market is declining, the demand for zinc is declining, and the downward pressure of zinc price is increasing.

In July, China’s automobile sales fell by 2.6%, showing a drop from a positive growth of 17.2% to a decline of 2.6%. Automobile sales continued to decline, automotive industry demand for zinc ingots is expected to decline, after the market zinc price rise power is insufficient.

Ferrous Fumarate

3. Prospects for the Future Market

Bai Jiaxin, an analyst with business associations, thinks that the processing cost of zinc concentrate remains high, the cost of zinc ingots is high, the price of zinc ingots in the future is limited, and the pressure of zinc price rising is increased; at the same time, because of the high processing cost of zinc, the output of zinc ingots is rising, and the supply of zinc in the market is increasing, which has a negative impact on zinc price. Sales of automobile industry declined, demand of zinc market was generally down, and supply of zinc was in excess of demand. In summary, the supply of zinc is in excess of demand, and there is downward pressure in zinc market. However, due to the high processing cost of zinc, the high cost of zinc ingots, the limited space for zinc price to fall, zinc price has a certain upward pressure. The future zinc market has mixed pros and cons. It is expected that zinc prices will fall into a state of sawing in the future, and zinc prices will remain stable.

http://www.sodium-persulfate.com

Equipment overhaul increased and the market of phenyl industry chain rose sharply

Price trends:

 

According to the data monitoring of business associations, the execution quotation of Sinopec O-Benzene continued to rise in September. As of September 9, the executed contract price of o-xylene Sinopec was 6 300.00 yuan/ton, up 3.28% from 6 100.00 yuan/ton at the beginning of the month. Prices fell 19.62% over the same period last year. Neighbouring benzene prices rose in September, neighbouring benzene up and down the market rose, neighbouring benzene Market in September is good.

best iron supplement

II. Market analysis:

Product Analysis

In September, the external quotation of phenyl rose sharply. On September 6, the external quotation of China was $775/ton, which was $745/ton compared with last week’s quotation, and the price rose by $30/ton. In South Korea, the quotation of benzene in Southeast Asia increased by 30 US dollars per ton and 15 US dollars per ton. The price of imported phenyl rises, the price of port phenyl rises, the stock of port decreases, and the market of future phenyl is good. Yangtze Petrochemical’s benzol equipment overhaul, expected to stop for about 20 days; Luoyang Petrochemical equipment failure, suspended supply in September; Liaoyang Petrochemical’s benzol equipment start-up rate is low, Fuhai Chuang’s benzol equipment failed to start normal, the supply of o-xylene is insufficient, the shortage of o-xylene is serious, and the future market of o-benzene is favorable.

Factor Analysis of Industrial Chain

 

In September, the price of mixed xylene rose sharply, the price of raw materials rose sharply, the cost of o-benzene rose sharply, the market of o-benzene was good, and the price of o-benzene in the future had a greater driving force. Overall, the cost of o-phenyl rises, the output of o-phenyl decreases, and the future market is good for o-phenyl.

 

ferrous fumarate price

In September, the price of phthalic anhydride rose sharply, downstream demand rose, the demand gap for phthalic anhydride was large, the market was good, and the driving force of phthalic anhydride rose. As for plasticizers, DOP market has risen concussively, and there is still an upward momentum in the future. Overall, the downstream market of o-phenyl is good, and the upward momentum of o-phenyl is increased.

3. Future market forecast:

Bai Jiaxin, an analyst of business community’s o-xylene data, believes that in early September, due to safety considerations or equipment and process reasons, the number of overhauls increased, the supply of o-xylene was insufficient, and the serious shortage of o-xylene led to a sharp rise in the price of o-xylene, which led to a sharp rise in downstream prices. The price of phthalic anhydride rises by 10% a week, which is much higher than that of phthalic anhydride. This is mainly due to the serious shortage of phthalic anhydride in the market. Phthalic anhydride manufacturers have to purchase phthalic anhydride at high prices. The cost of phthalic anhydride manufacturers has risen sharply. The possibility of phthalic anhydride price falling in the future market is In the upstream of the industrial chain, the price of mixed xylene has risen sharply and the cost of o-benzene has increased, which is good for the market of o-benzene industrial chain. On the external market, the price of phenyl rose and rebounded. In September, the price of the external market stopped falling and rebounded. Later, the external market rose, which was good for domestic phenyl market. In summary, the price of raw materials in the upstream of phenyl rises, and the market of phenyl is good; the operating rate of phenyl equipment decreases, the supply of phenyl is short, and the market of phenyl is good; the demand of downstream phenyl rises, the market of phenyl is good, and the market of phenyl industry chain in general is good, and the price of phenyl in the future is strong.

Ferrous Fumarate

Refining naphtha prices remained basically stable this week (9.2-9.6)

Price data

 

As of September 6, the average price of mainstream refinery hydrotreated naphtha in China was 6065.00 yuan/ton, down 0.21% from 6077.50 yuan/ton at the beginning of the week. The actual transaction price of hydrotreated naphtha in China was about 6000 yuan/ton.

 

On September 6, the naphtha commodity index was 74.85, unchanged from yesterday, down 27.06% from the peak of 102.62 points in the cycle (2012-09-24), and up 77.20% from the low of 42.24 points on July 19, 2016. (Note: Period refers to 2012-09-01 to date)

ferrous fumarate price

II. Analysis of Influencing Factors

Products: Refinery naphtha prices have remained stable this week, refinery inventory pressure is not high, and merchants are active in shipment.

Industry Chain: Upstream: According to the monitoring of business associations, WTI crude oil in the United States was $55.10 per barrel at the beginning of the week, and $56.30 per barrel at the end of the week, with a weekly increase and decrease of 2.18%; Brent crude oil was $60.43 per barrel at the beginning of the week and $60.95 per barrel at the end of the week, with a weekly increase and decrease of 0.86%. Tension of international trade relations, U.S. crude oil production and stock boost affect the trend of international crude oil. Downstream: Sinopec, PX manufacturer suppliers on demand. According to the business association monitoring, affected by the upstream crude oil rise, port inventory decline and market turnover improvement, the domestic toluene market overall trend this week is good, and the mainstream price in East China is currently around 6150-6200 yuan/ton. The xylene market has been moving well this week, with the mainstream price in East China at around 6,600 yuan/ton. The domestic market price trend of p-xylene was stable this week. The domestic PX start-up rate maintained more than 70%, and the weekend average price was 6,600 yuan/ton. This week, the inventory of pure benzene in East China fell again, and the supply of market resources was tight. At present, the domestic price of pure benzene is 5300-5550 yuan/ton.

Ferrous Fumarate

Industry: According to the price monitoring of business associations, in the 35 th week (9.2-9.6) of 2019, there were 9 kinds of commodities rising in the energy sector, one of which rose more than 5%, accounting for 6.3% of the monitored commodities in the sector; the first three commodities were dimethyl ether (5.56%), methanol (4.81%) and MTBE (4.43%). There are five kinds of commodities falling in the ring ratio. The first three products falling are coke (-3.74%), coking coal (-1.36%) and liquefied gas (-0.63%). This week’s average rise and fall was 1.05%.

3. Future Market Forecast

Energy analysts from business associations believe that this week’s rise in international oil prices has supported naphtha. Suppliers from Sinopec and PX production enterprises will be on demand to stock up. National Day is approaching, traffic will be regulated, and production will be limited in September. Some suppliers actively stock up. It is expected that the price of hydrotreated naphtha will rise slightly in the near future, with an average price range of 6000-6200 yuan/ton.

http://www.sodium-persulfate.com

China’s domestic BDO market is running smoothly (8.26-8.30)

Price Trend

According to the sample data monitored by business associations, the domestic market price of BDO was 9360 yuan/ton at the beginning of the week, rising by 0.86% annually, and falling by 18.30% compared with the same period last year.

II. Market Analysis

Product: This week, the domestic BDO market continued to be weak and steady. At present, in addition to Dongyuan is still overhauling, other devices start to work steadily, the supply of goods is still acceptable. Main downstream PTMEG start-up load is maintained at 7-80%, PBT load is around 4-5%, contract consumption is slow; downstream spot just needs to be purchased. Hearing that this week’s new production capacity black cat sample has arrived, the confidence of the industry has been impacted, stable offer, waiting for more information guidance. In terms of price, the mainstream price in the East China market is 8600-9000 yuan/ton, which is unchanged from last week. This week, the domestic BDO market started at 54.2%, with a weekly output of about 22535 tons.

ferrous fumarate price

In terms of installation, this week, Xinjiang Tianye 210,000 tons/year BDO device, except for the first phase of normal operation, the restart time of other devices is uncertain; Henan Kaixiang 110,000 tons/year BDO device, due to the explosion of Yima, stopped on July 19 for safety checking, restart time is uncertain; Inner Mongolia Dongyuan 100,000 tons/year BDO device stopped for overhaul on August 13, and is expected to be 25,000 tons/year. Day or so.

On the market side, as of Friday (8.30), the BDO market in East China was weak. The factories have been operating steadily and the supply is still acceptable. The downstream demand is still weak, and the negotiation atmosphere is light and smooth towards the end of the month. The market range of BDO in South China is turbulent. The overall market supply is stable, the main downstream PBT and PTMEG start low, consumption is limited. Businessmen have an empty mind and operate smoothly.

Industry chain: raw materials, calcium carbide, domestic calcium carbide market this week showed mixed ups and downs, market wait-and-see atmosphere is strong. Carbide shipments in Wuhai and Ningxia are smooth, affected by geological hazards in Sichuan, road transportation is limited, and enterprises in Sichuan are actively purchasing in Northwest China, resulting in low inventory in Ningxia. This week, the factory price rose narrowly. Chemicals overhaul in Shenyang, Northeast China, has led to an increase in the proportion of goods flowing to the North China market in the Wumeng region. At present, downstream enterprises have sufficient arrivals, and purchasing prices continue to decline in most areas. Overhaul of Inner Mongolia Yili and Shenyang Chemical Industry led to an increase in market calcium carbide balance, while procurement outside Sichuan accelerated consumption in the Northwest market, market supply and demand game, cautious wait-and-see. It is expected that there will be regional uneven cargo arrival in domestic carbide market next week. In September, the National Day security inspection will be strengthened, road transportation will be under pressure, and the carbide arrival is expected to be insufficient. In a word, the supply-demand game will be fierce next week. It is expected that market prices will continue to be weak.

Ferrous Fumarate

Methanol: This week, the overall trend of methanol market is downward. At the beginning of the week, the mainstream price in Inner Mongolia is 1600 yuan/ton, the mainstream price in Guanzhong is 1800 yuan/ton. Most downstream and traders hold a wait-and-see attitude at the beginning of the week, and the shipment situation is general. On Tuesday, mainstream prices in Inner Mongolia fell to 1550-1580 yuan/ton for the second time, and mainstream prices in Guanzhong fell to 1700 yuan/ton for the second time. Manufacturers’sales improved significantly. Most enterprises on the southern line of Inner Mongolia stopped selling, and mainstream prices in the Northwest market maintained a narrow fluctuation in the second half of the week. At present, the port inventory remains high, and the basic weakness is difficult to overcome in the short term.

On the downstream side, PBT: Kaixiang, Henan, stopped on May 30 without a restart plan; Tunhe plant stopped on August 9, and is expected to be around a month.

3. Future Market Forecast

At present, raw materials are down narrowly and cost support is weakened. The market as a whole started stable. I heard that Dongyuan has a driving plan next week. The load may increase steadily. Although it is about to enter the traditional peak season, but the downstream has not improved expectations, still maintain low-level operation, just need to replenish the warehouse. At the same time, new capacity samples have arrived in the market to shock the mindset of the industry. Under the interweaving of multi-empty, business association BDO analysts expect that the domestic BDO market will be weak next week, paying more attention to device dynamics and downstream demand changes.

http://www.lubonchem.com/

China’s domestic PX price declined in August

Domestic price trends:

According to statistics, the domestic price of p-xylene dropped in August. At the beginning of the month, the domestic price was 7,000 yuan/ton. At the end of the month, the domestic market price of PX was 6,650 yuan/ton. The overall decline was 5.0%, down 20.48% year on year. The price of PX external market maintained a low trend. The domestic market of PX was highly dependent on foreign market. The lower price of external market was the same for the domestic market. Italian air influence.

ferrous fumarate price

In recent years, the domestic market price of p-xylene has been declining. The domestic PX start-up rate is about 80%. Sinochem Hongrun Petrochemical 600,000 tons of new equipment has been put into operation. Yangtze Petrochemical Plant has been running steadily. Fuhaichuang Petrochemical Plant has started a line. Pengzhou Petrochemical Plant has been running steadily. Yangtze Petrochemical PX Plant has been running normally and Jinling Petrochemical Plant has been running steadily. Qingdao Lidong unit operates at full load, Qilu petrochemical unit operates steadily, Urumqi petrochemical unit starts at about 50%, Hengli petrochemical unit operates normally, domestic p-xylene supply increases, and PTA market demand downstream is general, domestic market prices are affected by the price decline. Influenced by the fluctuation of international crude oil prices, the price of PX outer plate fell. The closing price of Asia was US$765-767/ton FOB Korea and US$784-786/ton CFR China. Recently, a 700,000-ton PX unit in Saudi Arabia and Amy was in parking and overhaul. There are still several PX units in overhaul in Asia. Overall, paraxylene in Asia is in the process of overhaul. The start-up rate of the plant is about 70%. The supply of PX in Asia is normal. Domestic buying intention is weakening. Businessmen’offer is loose. More than 50% of domestic products need to be imported. The closing price of PX external market is lower than that of domestic market. The domestic market price of p-xylene is declining.

The closing price of international crude oil fluctuated in August. As of 29 days, the price of WTI crude oil futures market in the United States was $56.71 per barrel, Brent crude oil futures price was $61.08 per barrel. The closing price of crude oil has been maintained between $50 and $60 per barrel. The cost support for downstream petrochemical products is limited. PX is affected by lower external prices. Domestic prices are falling.

Ferrous Fumarate

In August, the downstream PTA market price trend declined. As of 30 days, the East China PTA market talks were around 5200-5300 yuan self-lifting. In August, PTA plant restart and maintenance coexisted. Fuhua Chemical Trade 4.6 million tons, Jiaxing Petrochemical 1.5 million tons restart, Yizheng Chemical Fiber 350,000 tons, Jialong Petrochemical 600,000 tons stop and repair in succession. The domestic PTA start-up rate maintained a high level of water. In August, about 90%, downstream polyester cash flow improved, profits recovered, some parking plants restarted, the start-up load increased to 90%, and there was a short-term replenishment action. However, textile terminal orders are still cold, just need to be prudently purchased. The comprehensive start-up rate of Jiangsu and Zhejiang looms is about 70%, the production and marketing of polyester market is low, and the recent start-up of downstream polyester has increased slightly, which has brought some favorable support to the domestic PX market. However, the price of domestic PX has declined due to the increase of supply.

Chen Ling, an analyst with business association PX, believes that the recent fluctuation in crude oil prices and the lower PTA market prices have slowed down, but the domestic and international PX supply has been normal in the near future, and the downstream PTA market has maintained a high start-up rate. It is expected that the later PX market price will be around 6,600 yuan/ton.

http://www.sodium-persulfate.com

China’s domestic bromide Market shocked in August,

Price data:

According to the monitoring data of business associations, the domestic bromine market shocked in August. At the beginning of the month, the average price of bromine in China was around 30428 yuan/ton, and fell to about 29785 yuan/ton in the middle of the month. Near the end of the month, the bromine price rose to about 30214 yuan/ton. The overall decline in the month was 0.7%, which was 3.85% higher than that in the same period last year.

http://www.sodium-persulfate.com

II. Cause Analysis

Products: This month, the domestic bromine market started to differ greatly, the production situation of enterprises is different, the inventory is low, the bromine enterprises stopped to resume work in a short time is the main reason for the fluctuation of market prices. At present, the overall market start is still low, but the downstream market is in the off-season demand for bromine is general, the trade in the industry is flat, more. Purchasing just needs to give priority to. At present, the mainstream quotation of enterprises is around 29500-30500 yuan/ton, and some of the real orders are on the low side.

Industry Chain: The upstream industry of bromine has experienced different upstream and downstream changes this month: weak demand for sulphur and sluggish terminal demand, a 19.38% drop in the month, currently at around 690 yuan/ton; weak supply and demand in caustic soda market, stable operation in the month, currently around 705 yuan/ton; more overhauls in soda market, tight industry, stable upward price in the month. The former average price is about 1726 yuan per ton; the sulphuric acid market is affected by poor downstream demand, and continues to weaken within a month, with an overall decline of 4.44%, currently around 215 yuan per ton. At present, the downstream flame retardant industry of bromine is in the off-season, the market as a whole is light, the price of bromine is insufficient to support, pharmaceutical and agricultural intermediates and other industries are affected by environmental protection, resulting in low overall start-up and limited demand.

Ferrous Fumarate

3. Future Market Forecast

Analysts of bromine industry in business associations believe that the National Day is approaching and environmental security is getting stricter. Some enterprises in North China have stopped work until October. There are some shortcomings in the spot supply side of bromine market, and enterprises have low multi-inventory. The upstream and downstream markets are generally flat and undersupported. It is expected that the domestic bromine price will be stable in the near future, and there will be an upward trend in the long run.

best iron supplement

Butanone market fell this week (8.16-8.23)

Price Trend

According to the monitoring data of business associations, the butanone market continued to decline this week. As of August 23, according to the quotations from several mainstream regions, the overall average price of the butanone market was around 6,600 yuan/ton, down 166.67 yuan from August 16, a decline of -2.46%.

best iron supplement

II. Market Analysis

Products: This week’s butanone market as a whole is in a state of weakness, multi-factory quotations were lowered, the range was about 200 yuan to 300 yuan, TRADERS’transaction prices fell, and traders were more bearish on the aftermarket. In the middle of the week, the butanone market maintained a stable consolidation, and the decline was somewhat convergent. Some traders in Jiangsu region had a clear intention to bid up, and their quotations rose slightly again, resulting in a flat business atmosphere. At present, as of August 23, the transaction price of butanone in North China and East China is around 6,600 yuan/ton. Zibo Qixiang’s quotation is near 6,650 yuan/ton, and Dongming Pear Chemical quotation is near 6,400 yuan/ton. The market reference price in South China is around 7000 yuan/ton.

Ferrous Fumarate

3. Future Market Forecast

Business societies data analysts believe that: at this stage, downstream factories are still operating at a low rate, terminal demand has not been significantly increased, therefore, the butanone market may continue to be a little loose in late August, the specific need for real-time attention to the overall trend of the upstream and downstream market.

http://www.lubonchem.com/

This week, China’s domestic liquefied gas market narrowly adjusted (8.19-8.23)

Price Trend

 

 

The domestic liquefied petroleum gas (Shandong) market fell as a whole this week. At the beginning of the week, the average price of the domestic liquefied petroleum gas market was 3760 yuan/ton, and at the end of the week, the average price was 3743.33 yuan/ton. Within the week, the price fell by 0.44%, 19.82% compared with the same period last year.

II. Analysis of Influencing Factors

ferrous fumarate price

Products: This week, the narrow adjustment of domestic liquefied petroleum gas is dominant, the overall decline, the general trading atmosphere in the market. As of August 23. The ex-factory price of liquefied gas of Sinopec Guangzhou Chemical Co., Ltd. is 3680 yuan/ton, that of Jingmen Petrochemical Co., Ltd. is 3380 yuan/ton, that of Shanghai Petrochemical Co., Ltd. is 3280 yuan/ton, that of Qingdao Petrochemical Co., Ltd. is 3480 yuan/ton, and that of Shijiazhuang Petrochemical Co., Ltd. is 3480 yuan/ton. The company’s liquefied gas ex-factory price is 3600 yuan/ton. Sinopec Luoyang Petrochemical Liquefied Gas ex-factory price is 3600 yuan/ton.

Industry chain: This week, the domestic dimethyl ether Market stabilized and then fell, with a flat trading atmosphere. This week, Henan Xinlian repeatedly implemented the price floor policy. As a major manufacturer, it protected the market price on the side and continued to keep the floor after the settlement price was lowered. Later in the week, but under the double pressure of other manufacturers’sales and inventory, the price center of gravity declined. This week, the propane market fell as a whole. Although the international crude oil rose, it did not show much support for the propane market. In addition, the market demand for propane has not improved significantly. The anticipated fall of CP price in September affected the market mentality. But the “gold, nine silver and ten ten” is coming. The manufacturers have a strong mentality and the price is stable at the beginning of the week. But in the later period, due to the continuing poor shipment, manufacturers have a backlog of inventory, let profit shipment dominate, price down. At present, the enthusiasm of downstream market entry is still acceptable, the overall smooth trading, inventory pressure has been released. Saudi Amy Corp. announced in August that the price of propane was narrowly lowered and the price of butane was narrowly increased. Propane was 370 US dollars/ton, down 5 US dollars/ton from last month; butane was 360 US dollars/ton, up 5 US dollars/ton from last month. The cost of long cargo propane is about 3056 yuan per ton on shore and 2980 yuan per ton on butane. This week, the domestic liquefied petroleum gas (Shandong) market is dominated by narrow margin consolidation. At the beginning of the week, the rise of crude oil boosted the market and the price of liquefied petroleum gas increased slightly. However, the increase of crude oil is not big enough to boost the liquefied petroleum gas market. In addition, the liquefied petroleum gas shipment continued to be poor last weekend, the inventory of the manufacturers increased gradually, the pressure increased, and the downstream entry enthusiasm was general. Purchasing is needed, and the production and marketing of the manufacturer are unbalanced. Late week price slightly concessions, price down, mainly shipments. Market turnover has improved significantly, and low-level shipments are relatively smooth.

Ferrous Fumarate

Industry: According to the business association price monitoring, in the 33rd week of 2019 (8.19-8.23), there were six kinds of commodities rising in the energy sector, the first three of which were liquefied natural gas (2.89%), Brent crude oil (2.18%) and MTBE (1.77%). There are seven kinds of commodities that have declined annually. The first three products are methanol (-2.34%), petroleum coke (-0.81%) and gasoline (-0.67%). This week’s average rise and fall was 0.24%.

3. Future Market Forecast

Liquefied gas analysts of business associations believe that the influencing factors are still in the off-season, terminal demand has not improved significantly, and the liquefied gas market has insufficient momentum to rise, but the traditional peak season of “gold SEP, silver OCT” is coming, which has certain support for the market mentality, and is expected to stabilize and then rise in the later period.

http://www.sodium-persulfate.com