Category Archives: Uncategorized

On October 26, the market price of propane decreased by a wide margin

According to the data monitoring of business agency, the average price of propane in Shandong market was 7018.25 yuan / ton on October 25 and 6813.25 yuan / ton on October 26, with a single day decline of 2.92%, an increase of 21.72% compared with October 1.

On October 26, the domestic propane market was dominated by weakness. The price center of Shandong market moved down, and the ex factory quotation fell sharply. Most of the ex factory quotations fell back below 7000 yuan / ton, and the mainstream quotation in Shandong market was 6650-7200 yuan / ton. The manufacturer’s shipment is not smooth, the inventory pressure increases, the price is greatly reduced, and the profit is mainly delivered. It is expected that the trend of propane market is weak in the short term.

Gamma Polyglutamic Acid

On October 25, the ex factory price of domestic potassium chloride was temporarily stable

Trade name: potassium chloride

Latest price (October 25): 2890.00 yuan / ton

On October 25, the ex factory price of domestic potassium chloride was temporarily stable, which was the same as the quotation on October 22. The price of 62% white potassium in the port is about 3700-3900 yuan / ton, and that of 60% red particles is about 3700-3800 yuan / ton; The price of 62% Russian White potassium in border trade is about 3550 yuan / ton; The arrival price of 60% potassium in Qinghai is about 3270 yuan / ton. There is a tight supply of marketable potash fertilizer in China. Although the production enterprises are fully engaged in production, the operating rate is slightly low and the self-sufficiency rate is insufficient. It is said that the salt lake company may stop production for maintenance in November. On October 20, the first batch of State Reserve potash fertilizer has been successfully put on the market. It has been announced that there will be a second batch on October 22. It is rumored that it will continue to be put in later November and December.

Recently, the price of domestic potassium chloride may rise slightly, and the quotation is about 2900 yuan / ton.

Gamma Polyglutamic Acid

On October 22, the market of nitrile rubber was stable

Trade name: nitrile rubber

Latest price (October 22): 24900 yuan / ton

Key points of analysis: according to the monitoring of business society, the price of domestic nitrile rubber was 24900 yuan / ton on the 22nd, which was stable. The ex factory price of raw butadiene rebounded, the ex factory price of acrylonitrile was stable, and the cost side was supported compared with the previous period. The inventory of nitrile rubber market is small, which supports the high price of nitrile rubber. According to the monitoring of business society, as of October 22, the domestic Lanhua nitrile n41e reported 21900 yuan / ton; At present, 3305e is reported as 22800 yuan / ton; 3308e quoted 23900 yuan / ton. The quotation of market traders is mainly stable.

Future forecast: the market supply is tight, and there is little change in the start-up of downstream industries. It is expected that the nitrile rubber market will continue to maintain a high level in the short term.

Gamma Polyglutamic Acid

On October 21, the market price of propylene in Shandong decreased significantly

Price trend

On the 21st, the propylene market in Shandong continued to decline and the range increased. The propylene price in Shandong was 9200-9250 yuan / ton, and today the enterprise lowered 100-150 yuan / ton. The market trading returns to rationality, the willingness of downstream buyers is not strong, and the willingness of enterprises to take goods is obvious due to the impact of low-price goods.

Forecast: downstream demand is the main demand. Although the crude oil price continues to rise, the support is insufficient. It is difficult to further improve the long and short game in the propylene market. It is expected that the propylene market will maintain a weak shock in the near future.

Gamma Polyglutamic Acid

Bromine price was high on October 20

1、 Price trend

According to the data monitoring of the bulk list of business society, the bromine price is strong. The average market price in Shandong is about 69500 yuan / ton, and the price is still high. On October 19, the bromine commodity index was 243.86, unchanged from yesterday, hitting a record high in the cycle, up 313.88% from the lowest point of 58.92 on October 29, 2014. (Note: the period refers to the period from September 1, 2011 to now)

2、 Market analysis

At present, the domestic bromine price is running at a high level, and the supply tension is difficult to solve. Now the downstream flame retardant and intermediate industries of bromine have started to support bromine. However, for the high price bromine, the downstream is now beginning to resist, focusing on multi-dimensional rigid demand. However, considering the tight supply of goods, it is expected that the short-term bromine price consolidation operation will be mainly based on the downstream market demand.

Gamma Polyglutamic Acid

On October 19, the price of lithium carbonate continued to rise

Price: industrial grade lithium carbonate 174200 yuan / ton, battery grade lithium carbonate 181400 yuan / ton

http://www.gammapolyglutamicacid.com

Analysis: Recently, the price of lithium carbonate has continued to rise, and the upward range has slowed down significantly. Some enterprises still raise the price of lithium carbonate. At present, due to the excessive pressure of power restriction superimposed cost of downstream enterprises, the procurement demand has weakened. In addition, the tension of industrial carbon and electric carbon shipment has been relaxed, the market wait-and-see mood is strong, and there are relatively few transactions.

Forecast: at present, the price of lithium carbonate is rising slightly. The downstream wants to lower the price, deepening the game mood between the supplier and the demander. It is expected that the price of lithium carbonate in the short term may be dominated by slow behavior.

Gamma Polyglutamic Acid

DMF fluctuated upward and prices rose

According to the data monitored by the business agency, as of October 18, the average quotation price of domestic premium DMF enterprises was 18200.00 yuan / ton, and the DMF price fluctuated upward, up 31.88% compared with the same period last week.

The DMF market is on the upward trend, the price is rising continuously, and the mainstream price range is 18000 yuan / ton. The DMF market continues the small upward trend, the supply side is tight, the procurement atmosphere is active, and the overall market is strong. The mainstream price of upstream methanol is 4480 yuan / ton, which is currently running stably.

DMF analysts of business agency believe that DMF is stable and strong in the short term. (to know more about the latest industry market trends, welcome to pay attention to the official account of the business community, obtain commodity information, and grasp the price of commodities).

Gamma Polyglutamic Acid

Ethylene oxide briefing this week (October 11-october 15)

It is learned from market participants that ethylene oxide will be adjusted by 200 yuan / ton tomorrow. At present, the latest quotation of ethylene oxide industrial chain: the ex factory price of ethylene oxide in East China, North China and Northeast China is 8900 yuan / ton, that in South China is 9000 yuan / ton, and that in Central China is 9100 yuan / ton. After the increase, the price of mainstream East China will reach 9100 yuan / ton.

In terms of upstream ethylene, the price of ethylene goods is tight, the price is rising, and the cost support is strong. Up to now, the external price of ethylene in Northeast Asia is 1160 US dollars / ton, and that in Southeast Asia is 1075 US dollars / ton, which is the same as that of the previous trading day. The quotation of Jinshan Lianmao ethylene today is 9100 yuan / ton, which is 300 yuan / ton higher than that of the previous trading day. The quotation of Luxi Chemical ethylene today is 9600 yuan / ton, which is the same as that of the previous trading day.

In terms of downstream polycarboxylate superplasticizer monomer, Shanghai Dongda has temporarily closed its offer due to raw materials and mainly guaranteed to receive customers. At present, there is no spot. The ex factory price of Hubei Lingan is also a record high, and the transaction price in the Northeast market ranges from 10700 to 11000. In terms of historical prices, the monomer has been in a high range, and the resistance in the downstream is becoming more and more obvious.

In terms of ethylene oxide, due to the high price of methanol, the cost of MTO unit rises, the manufacturer produces at a discount, and reduces the load and operates under pressure. The 100000 ton unit in Sanjiang is shut down and hardly shipped. The unit load has been low in recent years. The start-up of silbang is still a long way off. Dena Lianhong also maintains low load production and focuses on its own use. The market of ethylene glycol is strong, and the antagonistic effect makes the production of cogeneration unit inclined to ethylene glycol, and the resources of ethylene oxide are tightened, so it is difficult to find one product.

Overall, ethylene oxide itself has a good upward momentum, the market has been rising for a long time, and the high price of ethylene also supports ethylene oxide, but it brings some bad news to the terminal market.

Gamma Polyglutamic Acid

On October 14, the price of baking soda was temporarily stable

1、 Price trend

According to the monitoring data of business society, the price of baking soda is stable temporarily. At present, the average market price of baking soda is 3143.33 yuan / ton. On October 13, the commodity index of baking soda was 208.63, an increase of 2.21 points over yesterday, a record high in the cycle, and an increase of 136.35% over the lowest point of 88.27 on December 22, 2020. (Note: the period refers to the period from September 1, 2020 to now)

2、 Market analysis

According to the business society, the price of baking soda is strong, and the price continues to rise. First, due to the dual control policy, the price of raw soda increases and the supply decreases. According to the monitoring data of the business society, the average market price of soda is about 3475 yuan / ton. Second, in the downstream, the demand for baking soda in medicine, textile and food has improved recently. Generally speaking, the price of baking soda will continue to consolidate in the short term, depending on the demand of the downstream market.

Gamma Polyglutamic Acid

Caustic soda prices improved on October 13

1、 Price trend

According to the survey data of business agency, the average market price in Shandong is about 1472.5 yuan / ton. Because of the dual control policy, caustic soda manufacturers shut down and supply decreased. Downstream: at present, alumina enterprises are more active in purchasing caustic soda in the near future, and the quotation of caustic soda manufacturers is increased. Business analysts believe that recently, due to environmental protection factors, manufacturers in Shandong have limited production, reduced manufacturers’ supply, and the price of caustic soda is rising, while the recent procurement of downstream alumina is more wait-and-see. However, considering the supply situation, it is expected that caustic soda will continue to operate well, depending on the downstream market demand.

Gamma Polyglutamic Acid