From the price trend chart of hydrofluoric acid monitored by the business agency, it can be seen that the price of anhydrous hydrofluoric acid in China has been maintained at 8800 yuan / ton. Since the middle of June, the price trend of domestic hydrofluoric acid market has been stable, and the domestic market has not improved.

Since June, the domestic market price of hydrofluoric acid has experienced a short rise, but the market price remains low in the later period. The good support for the price rise of hydrofluoric acid is the rising price of raw material fluorite. The price of domestic fluorite began to rise in late May. As of June 23, the price of domestic fluorite was 2755.56 yuan / ton, up 6.90%. The rising price of upstream raw material is good for the domestic market price of hydrofluoric acid However, the downstream demand of hydrofluoric acid is not good, the purchase of hydrofluoric acid market is not active, and the market of hydrofluoric acid is under heavy pressure. The manufacturers report that the raw materials are rising but the demand is not good, which is difficult to support in the “crack” of hydrofluoric acid.

First of all, the market price of fluorite, the raw material of hydrofluoric acid, has increased by 6.90% since late May. During this period, the supply of domestic fluorite is in short supply. Fluorite sellers are reluctant to sell fluorite, and the price of fluorite keeps rising. Although the rising price of raw material brings certain benefits to hydrofluoric acid market, the price of hydrofluoric acid rose slightly at the beginning of June, but the price of hydrofluoric acid remains low in the later period, and the rising pressure is relatively high Big.

Secondly, affected by public health events, domestic refrigerant industry demand is not good. On the one hand, the domestic demand is not good, the refrigerant industry starts to maintain less than 30%, which is not good for the upstream hydrofluoric acid market demand. On the other hand, the recent export of refrigerants has been limited to a certain extent. The overseas epidemic is serious, and the export of refrigerants has declined sharply, resulting in low prices in the domestic refrigerant industry. As of the 23rd, the price of domestic R22 products is 15600 yuan / ton, and R134a products is 18166.67 yuan / ton. In recent years, the sales of the automobile industry has been in a downturn, the market price of refrigerant downstream of the terminal has been depressed, foreign special events have been serious, the export of refrigerant terminal is not smooth, in addition to the low start of domestic air conditioning industry, and the demand for maintenance and after-sales is weak. As a whole, domestic and foreign demand are not as expected. The price of refrigerants dropped sharply. In addition, the purchase of downstream industries was not active, the demand was poor, the price of refrigerants was low, and the price of hydrofluoric acid market was difficult to rise due to the negative influence.

Finally, the domestic hydrofluoric acid spot supply is sufficient, the hydrofluoric acid field device operation is stable, and the supply of goods in the hydrofluoric acid market is stable. Up to now, the mainstream of hydrofluoric acid negotiation in the south is 8000-8500 yuan / ton, and the price of hydrofluoric acid in the north market is 8500-9000 yuan / ton. In recent years, the price trend of domestic hydrofluoric acid market has remained low, and some manufacturers have reported serious losses. The hydrofluoric acid market is squeezed by upstream and downstream, so the market price is easy to fall and hard to rise.

Generally speaking, there is still a strong price intention in fluorite market in the near future, but there is no obvious improvement in refrigerant industry. For hydrofluoric acid market, on-demand purchase is the main thing. Chen Ling, an hydrofluoric acid analyst of the business association, thinks that there is a big pressure on the price of hydrofluoric acid market, and later prices may remain volatile.

According to the data monitoring of business agency, the average price of domestic gold spot on the 22nd was 395.45 yuan / g, up 1.25% compared with 390.55 yuan / G on the 19th day, and up 15.45% compared with 342.54 yuan / g at the beginning of the year (01.01).

The spot price of domestic silver was 4323.67 yuan / kg on the 22nd, up 3.35% compared with 4183.33 yuan / kg on the 19th, and down 1.20% compared with 4281.67 yuan / kg at the beginning of the year (01.01).

Main influencing factors of precious metals on the 22nd

1. Concerns about the second outbreak of the epidemic led to rising risk aversion. The World Health Organization said on June 19 that the new coronavirus is still spreading rapidly around the world, and countries should prevent new epidemic peaks. Who director general Tan Desai said at a regular press conference that day that the new coronavirus is still spreading rapidly and most people are still at risk of infection.

2. At present, the real interest rate is relatively low, and the market’s fear of currency depreciation has raised the risk aversion. Loose fiscal and monetary policies by governments and central banks have raised concerns about inflation.

According to the price monitoring of the business agency, the domestic dry cocoon market fell slightly this week (June 12-june 19), with the average market price of 94000 yuan / ton as of June 19, down 0.79% from the beginning of the week.

The raw silk market showed a slight increase, with the average market price of 292500 yuan / ton as of the 19th, up 0.69% from the beginning of the week. At present, the price of dry cocoon is 92000 yuan / ton in Jiaxing, Zhejiang, 290000 yuan / ton in raw silk, 96000 yuan / ton in Guangxi and 295000 yuan / ton in raw silk.

Since the acquisition of spring cocoon on June 6, Qianjiang District of Chongqing has taken many measures to ensure the smooth acquisition of spring cocoon and safeguard the interests of sericulture farmers. By June 13, the whole district had acquired 353780 kg fresh cocoon. In Fengdu County, Chongqing, the purchase price of cocoons in spring fell year on year. The purchase price was 25 yuan / kg, down 7 yuan / kg compared with 32 yuan / kg in the same period last year. At present, the purchase of spring cocoons in the north bank area has been completed on June 10, with a total of more than 1000 loads (50000 kg) of spring cocoons purchased. Nan’an area will be purchased on June 25, and it is expected to purchase more than 500 Dan (25000kg) of spring cocoon. At present, Yingde, a traditional sericulture producing area in Guangdong Province, is the second batch of cocoons to be listed on the market at a price of about 26-28 yuan per kilogram.

At present, the production and marketing pressure of raw silk in various grades is relatively large, and the overall turnover is less than May. Entering the middle of June, the off-season atmosphere of the textile and weaving market gradually deepened, and the stock moving speed was not as fast as that of the earlier stage. The market demand is insufficient. At present, the number of high-quality raw silk transactions has declined, and the transactions are mainly in small batches. The transaction situation is general. There is a brand gap between the prices of manufacturers. There is a slight gap between the negotiations of different customers in the factory, but the prices are still in a stalemate. It will take time for foreign trade orders in foreign markets to recover, and the effective situation of foreign sales still hasn’t been opened. For example, the price of raw silk in medium and low grade is not low according to the quoted price of cocoon, but the delivery price is not high, which to a certain extent affects the enthusiasm of trade, and the sales operation is not smooth. As a result, the delivery of goods reflects that some of them are slow and weak, and the financial pressure of silk factories is also increasing.

In terms of import and export, from January to April 2020, China’s total import and export of real silk goods amounted to 473 million US dollars, down 23.94% year on year, accounting for 0.62% of China’s total import and export of textiles and clothing. Among them, the export value of real silk goods was $413 million, down 23.91% year on year, and the import value was $60.329 million, down 24.12% year on year.

According to analysts of business club, domestic production has been restored to normal one after another, but the textile industry is still facing a severe situation, especially in the recent off-season atmosphere of the cocoon and silk market, the transaction power is obviously insufficient, with rigid demand as the main demand, orders can still maintain a small quantity of goods, but the subsequent connection is more difficult, the textile enterprises maintain a low startup, and the inventory slowly climbs. At the same time, there are still many uncertainties in foreign trade orders, and it will take time to recover. The market is not optimistic about the future market, and it is expected that the cocoon and silk market will be dominated by weak adjustment.

According to the data monitored by the business association, the average price of domestic rubber grade white carbon black as of June 18 was 4566.67 yuan / ton. This week, the domestic rubber grade white carbon black rose steadily, 3.01% higher than the same period last week, or 130 yuan / ton.

The domestic rubber grade high-quality product white carbon black has a steady rise and smooth operation. White carbon black plays an important role in the manufacturing field of automobile tires. As we all know, tires have the properties of wear resistance, safety, environmental protection and oil cleaning. In 1992, Michelin, France, developed the world’s first “green tire” filled with a large number of white carbon black, which significantly improves the tire’s wet and skid resistance and opens up wheels In 2020, due to the impact of public events, the domestic transportation vehicles dropped significantly and recovered slowly. The domestic market of silica was depressed. There were 23 gas silicon production enterprises in China. The overall operating rate was affected. Some enterprises did not shut down. The inventory of start-up enterprises was increasing and the transaction atmosphere was flat. In the first half of 2020, the domestic rubber grade silica market was depressed Black shows a weak operation, gas silicon enterprises have excess capacity, fierce competition, and the transaction price is basically kept below the cost line, which has seriously hit the enterprises. At present, the white carbon black market is still recovering slowly.

The overall operation of upstream hydrochloric acid is stable this week, and the transaction atmosphere is general. The downstream just needs to purchase. The main quotation range is 350-420 yuan / ton. On June 17, the hydrochloric acid commodity index was 84.21, which was the same as yesterday, down 15.79% from the highest point of 100.00 (2011-09-12), and up 368.35% from the lowest point of 17.98 on September 05, 2012. (Note: cycle refers to 2011-09-01 to now).

On June 17, the chemical industry index was 674 points, down 1 point compared with yesterday, 33.66% compared with 1016 points (2012-03-13), the highest point in the cycle, and 12.71% higher than 598 points, the lowest point on April 8, 2020. (Note: cycle refers to 2011-12-01 to now)

White carbon black analyst of business club thinks: the price of white carbon black cannot be boosted in the short term, and the market situation is slowly recovering. (the above prices are provided by the major manufacturers of silica all over the country and analyzed by the business silica analysts for reference only. For more details, please contact the relevant manufacturers for consultation.)

Trend analysis

According to the data monitoring of the business agency, the market performance of cobalt in June was poor, and the price of cobalt fell in shock. Recently, the price of cobalt ushered in three consecutive falls. As of June 16, the price of cobalt was 252500.00 yuan / ton, down 1.24% compared with the average price of 255666.67 yuan / ton at the beginning of the month; after June 11, the price of cobalt fell three times, down 1.62% compared with that of 256666.67 yuan / ton on June 16. Cobalt Market in June underperformed, the recent cobalt price is ushered in three consecutive falls.

Mobile market

According to the data of China Academy of information and communication, in May 2020, the total shipment volume of domestic mobile phone market was 33.759 million, down 11.8% year on year; from January to may, the total shipment volume of domestic mobile phone market was 124 million, down 18.0% year on year. It can be seen from the data that in 2020, the mobile phone sales volume fell sharply compared with the same period last year, and the demand for cobalt in the mobile phone market fell significantly. Although the mobile phone market recovered in April, the market fell sharply in May, and the mobile phone sales volume fell in May compared with the same period last year. The mobile phone market sales are poor, which is bad for the cobalt market, and the cobalt price is under great pressure.

According to the data of China Academy of information and communications, in May 2020, the domestic market’s 5g mobile phone shipments reached 1564300, accounting for 46.3% of the same period’s mobile phone shipments; from January to may, the domestic market’s 5g mobile phone cumulative shipments reached 46084000, accounting for 37.0%. 5g mobile phone is highly expected by the market and is expected to become a new demand point of the market. 5g mobile phones also did well in April and may. Sales fell in May, but the market share of 5g mobile phones rose sharply, and the expectation of mobile phone market fell. However, the strong performance of 5g mobile phones still has a certain positive stimulus to cobalt market.

New energy vehicle market

According to the statistics of China Automobile Industry Association, in May 2020, the production and sales of new energy vehicles were 84000 and 82000 respectively, with a growth rate of 3.5% and 12.2% on a month on month basis, down 25.8% and 23.5% on a year-on-year basis. From January to may, the production and sales of new energy vehicles were 295000 and 289000, down 39.7% and 38.7% year-on-year respectively, 5.1% and 4.7% lower than that from January to April. Affected by the decline of subsidies, the production and sales of new energy vehicles fell significantly year-on-year. Although compared with the previous month, the production and sales of domestic new energy vehicle market have recovered, the production and sales of 2020 still fell sharply year-on-year, and the overall production and sales of new energy vehicle market still fell, which was lower than the market expectation, and was negative for cobalt market. However, with the recovery of the new energy vehicle market, the benefits to the cobalt market are strengthened, and the new energy vehicle market is more favorable to the future cobalt market.

International market cobalt price

From the trend chart of cobalt price in LME market, it can be seen that the international cobalt price has fallen recently, which is bearish to the cobalt market. The cobalt market has weakened, which is bad for the domestic cobalt market.

Cobalt stock in Wuxi Market

From the cobalt inventory table of Wuxi stainless steel market, it can be seen that since the end of May, the stock of cobalt market has increased substantially and the supply of cobalt market is sufficient. With the successive arrival of international cobalt ore in June, the supply of cobalt market may exceed the demand again and the price of cobalt is relatively negative.

Market Overview

According to Bai Jiaxin, a data analyst of business agency, recently the demand of cobalt market is not good. The sales volume of mobile phones and new energy vehicles all declined significantly in May, and the demand for cobalt market declined significantly, causing the price of cobalt to drop three times in a row. However, in the long run, although the production and sales of new energy vehicles have declined significantly, the overall market demand is rising slowly, which is good for the future cobalt Market; the overall performance of the mobile phone market is poor, but the 5g mobile phone is good, which is still good for the future cobalt market. The stock of cobalt in Wuxi market has increased significantly, which has a negative impact on the price of cobalt, and the international cobalt ore that can’t arrive at the port due to the epidemic has been arriving in succession. The oversupply of domestic cobalt market is increasing, which has a negative impact on cobalt market. However, at this stage, cobalt mining is limited, the risk of excess supply of cobalt market is small, labor costs such as transportation are increasing, cobalt costs are increasing, and the space for cobalt price to fall is limited. In a word, the demand of cobalt market is not good in the near future, and the rising power of cobalt market is insufficient, so the rising of cobalt market is far away; in the future, the favorable stimulus of cobalt market is continuous, the demand of cobalt market is still optimistic, and there is still room for the rising of cobalt Market; and affected by the cost, the falling space of cobalt price is not big, and the overall expectation is that the future market of cobalt market will fluctuate and maintain stability.

According to the data monitored by the business agency, as of June 16, the average price of lithium iron phosphate, a high-quality power product in China, was 37000.00 yuan / ton. The market was in stable operation, with little price change, and the demand for procurement was strong.

The market price range of lithium iron phosphate power type is 35000-37000 yuan / ton, with little price change and stable operation. The advantage of lithium iron phosphate battery is low cost, because the price of cobalt is relatively expensive. New energy vehicle enterprises have been hoping to reduce the use of cobalt to reduce the cost. With the progress of technology, the battery density of lithium iron phosphate battery is gradually improving, and it is pulled again with the ternary battery Near the gap, at present, the lithium iron phosphate battery does not output ternary battery technically, but the price is low. In the long run, the market of lithium iron phosphate is very broad. At present, Guangdong Guanghua Technology Co., Ltd. is 37000 yuan / ton, Foshan Defang Nano Technology Co., Ltd. is 37000 yuan / ton, and beitrei new energy materials Co., Ltd. is 37000 yuan / ton

The upstream hydrochloric acid market operates stably as a whole. At present, the quotation of Taiyuan kunshengda hydrochloric acid is 420 yuan / ton, Dezhou Shihua hydrochloric acid is 300 yuan / ton, Wenshui synthetic hydrochloric acid is 260 yuan / ton at the weekend, and Jinan Yuanfei hydrochloric acid is 450 yuan / ton at the weekend. The overall price has little change, and the purchase is just needed, and the transaction atmosphere is flat

On June 15, the chemical industry index was 676, down 2 points from yesterday, 33.46% from 1016 (2012-03-13), the highest point in the cycle, and 13.04% from 598, the lowest point on April 8, 2020. (Note: cycle refers to 2011-12-01 to now)

According to the analyst of life3po4 of business association, the recovery of life3po4 market is slow in the short term, but with the development of society, in the long run, life3po4 is expected to become the mainstream product of social application. (the above prices are provided by the major manufacturers of lithium iron phosphate all over the country and analyzed by the analysts of lithium iron phosphate in the business. For reference only, please contact the relevant manufacturers for more details.)

1、 Price trend

As of June 12th, the average price of maleic anhydride in China was 6466 yuan / ton (including tax), and it operated steadily in the week, a decrease of 0.51% compared with the average price of 6500 yuan / ton in the same period of last month, according to the data of business society.

On June 12, the maleic anhydride commodity index was 60.92, which was the same as yesterday, down 50.74% from 123.67 (December 26, 2017), the highest point in the cycle, and up 19.03% from 51.18, the lowest point on April 12, 2020. (Note: cycle refers to 2011-09-01 to now)

2、 Analysis of influencing factors

Product: this week, the domestic market price of maleic anhydride is in a wait-and-see situation after falling. The downstream market just needs to be soft. The long-term low price of maleic anhydride has not stimulated the market demand. The raw materials of benzene process are strong, the cost surface is acceptable, and the supply of solid anhydride has declined, which has certain support for the price of maleic anhydride.

Industry chain: the raw material hydrobenzene market is high and strong, the product price continues to rise, and the downstream market demand is stable, but the oil price will fall or cause certain fluctuations in the market; the downstream unsaturated resin will be shaken and sorted out, and the demand end may weaken with the arrival of the rainy season.

3、 Future forecast

According to the maleic anhydride product analyst of the business association, the downstream demand of maleic anhydride market is not good at present, and there is no sign of improvement. The supply of liquid anhydrides is acceptable, and the industry is still short-sighted. However, the cost performance of benzene process is relatively strong, and the position of solid anhydrides has declined to a certain extent, and it is expected to be weak in the short term.

1、 Price trend

According to the price monitoring of the business agency, on June 12, the average price of R22 mainstream manufacturers was 15600 yuan / ton, up 3.31% from the beginning of the week (8 days), up 5.17% from the beginning of June, down 14.13% from the same period last year.

2、 Market analysis

R22 prices in the refrigerant market rose this week. The price of hydrofluoric acid at the raw material end has been raised, the cost end has certain support, the terminal air-conditioning, after-sales market demand has been gradually increased, adding that the supply of goods in the yard has been tightened, and the center of gravity of the offer of the goods holder has moved up. The manufacturer is subject to quota, the cost and demand are good and interwoven, and the price is firm. According to the price monitoring of the business agency, as of June 12, the average price of refrigerant R22 was around 15600 yuan / ton, and the market price was mostly around 15000 yuan / ton – 17000 yuan / ton, which was discussed in detail.

Upstream, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers this week is 8000-9000 yuan / ton, and the factory price of on-site merchants is temporarily stable. The domestic hydrofluoric acid manufacturers have a general operating rate, and the on-site supply of goods is normal, driven by the rising price of fluorite. However, the demand of downstream refrigerant industry is poor, and on-site procurement is the main thing. It is expected that the on-site price will continue to rise slightly in the later period. Affected by the poor downstream demand, the market price of trichloromethane in Shandong Province fell sharply. As of December 12, the market price of methane chloride in Shandong Province was temporarily stable. The mainstream price of dichloromethane market was 2200-2300 yuan / ton, and the mainstream price of trichloromethane market was about 1850 yuan / ton. It is expected that it will be vulnerable in the short term.

3、 Future forecast

According to the refrigerant analyst of business club, at present, the firm price of refrigerant R22 manufacturer is still the same, the supply is tight, and the cost side is good support. It is expected that the price trend of refrigerant R22 will be strong in the short term, which is easy to rise and hard to fall.

1、 Price trend

Price aspect: price aspect: the main quotation of GPPS is 8450-9100 yuan / ton, and the main quotation of hips is 8600-10100 yuan / ton.

2、 Market analysis

PS market trading atmosphere is calm, business quotation is stable in part up. Many businesses are flexible, but the demand of downstream factories is low, and the actual transaction performance is average.

3、 Future forecast

PS market quotation is generally stable, and some PS petrochemical manufacturers raise the ex factory quotation, which is good for the spot market. However, the demand of downstream factories is not high, and the overall market transaction is not significantly improved. PS market is expected to follow up the trend of petrochemical, sorting out the main actor.

1、 Price trend of lithium hydroxide:

(Figure: P value curve of lithium hydroxide product)

2、 Market analysis:

On June 10, the market of industrial grade lithium hydroxide was temporarily stable. The average price of domestic industrial grade lithium hydroxide enterprises as of June 10 was 55666.67 yuan / ton, which was the same as that of yesterday, down 2.34% compared with that of May 10, according to the data in the bulk list of business agencies. At present, the downstream demand is flat, the market is weak, and new orders in the domestic market are light. Today, the focus of lithium hydroxide negotiation is temporarily stable.

Upstream: the market of lithium carbonate is weak and stable in the near future. At present, the supply of lithium carbonate is sufficient, the downstream demand is weak, the contradiction between supply and demand is prominent, market trading is not smooth, and the price is under pressure. The average price of industrial lithium carbonate in East China was 39900 yuan / ton as of June 9, down 4.55% compared with that of May 9, and the average price of battery lithium carbonate in East China was 44300 yuan / ton, down 4.11% compared with that of May 9, according to the data in the bulk list of business agencies. Weak demand transmission, and the market of lithium carbonate is under pressure. However, under the influence of production cost, it is expected that the market of lithium carbonate will be weak and stable in the short term.

According to the price monitoring of the business agency, on June 9, 2020, there are 20 kinds of commodities in the list of commodity price rise and fall in the chemical industry sector, among which there are 2 kinds of commodities with an increase of more than 5%, accounting for 2.2% of the number of commodities monitored in the sector; the top 3 commodities with an increase are sulfur (11.38%), isopropanol (5.18%) and phenol (4.70%). There are 10 kinds of commodities falling on a month on month basis, and one kind of commodities falling by more than 5%, accounting for 1.1% of the number of commodities monitored in this sector; the top three products falling are acetic anhydride (- 7.57%), chloroform (- 4.88%) and formic acid (- 2.59%). The average price of this day is 0.29%.

3、 Future forecast:

According to analysts of lithium hydroxide of business association, in the near future, the upstream lithium carbonate market is under pressure, the downstream demand is insufficient, and the cost and demand are double drag. It is expected that in the short term, the industrial lithium hydroxide Market will be dominated by weak operation.