Trade name: titanium dioxide

Latest price November 10: 20950 yuan / ton

Key points of analysis: the market price of titanium dioxide in China is basically stable. Market enquiries are general. Manufacturers often deliver early orders. The market demand is relatively light. Traders are more cautious in taking goods and purchase on demand. At present, the overall market is weak in both supply and demand, and the titanium dioxide market is dominated by stable operation.

It is expected that the titanium dioxide market will remain deadlocked in the short term.

Trade name: urea

Latest price (November 9): 2686.00 yuan / ton

On November 9, the ex factory quotation of domestic urea fell, which was 8 yuan / ton lower than that on November 5, a decrease of 0.30%, and a year-on-year increase of 49.78%. The prices of upstream coal and liquefied natural gas have fallen sharply recently, and the cost support has weakened. From the perspective of demand: the demand increases, the agricultural demand ends, the industrial demand rises, the winter storage of chemical fertilizer is coming, the demand for low-cost urea by the downstream compound fertilizer plant increases, and the operating load rate of melamine enterprises remains at a high level. Most of them follow up with the acquisition and use of an appropriate amount. In terms of supply, urea enters the centralized maintenance period, the supply decreases, and the daily output of urea is less than 130000 tons. On the whole, the urea cost support has been greatly weakened, the downstream demand has increased and the urea supply has decreased.

In the future, the ex factory price of domestic urea is expected to decline slightly: the average price quoted by the manufacturer is about 2650 yuan / ton.

Ethylene oxide decreased by 400 yuan / ton last week and 500 yuan / ton again today, entering the downward channel. At present, the ex factory price of mainstream East China is 9100 yuan / ton.

Upstream, due to the suspension of procurement by large state-owned refineries due to rising oil prices, while independent refineries are subject to import quota restrictions, domestic oil imports fell to a three-year low in October. The high level of ethylene has loosened. The ethylene price in Northeast Asia fell by $30 / t last weekend, and the latest price was $1170 / T.

In the downstream, the terminal has serious resistance to the high price in the upstream. Each monomer manufacturer has tacitly accepted the weak market in the off-season market, the ex factory price has been reduced, and the market decline is common. Generally speaking, the operating rate of the infrastructure industry in the fourth quarter is the lowest in the whole year. With the advent of snow in winter, the infrastructure industry in the north will gradually enter a rest period, and there is limited room for improvement on the demand side.

In terms of ethylene oxide, the commissioning of Gulei petrochemical refining unit was successful, and the EO unit in Jiangsu silbang was restarted. At present, it operates at low load and the supply surface is gradually relaxed.

The cost side and demand side are both negative, and the downside risk is difficult to eliminate.

1、 Price trend

Latest price (November 4): 9470 yuan / ton

Key points of analysis: according to the data monitoring chart of business agency, on November 4, the closing price of PVC futures contract 2201 was 8188 yuan / ton, down 6.21%, and continued to decline. The spot market price was 9470 yuan / ton, down 2.87% from the previous trading day. Most of the enterprises reduced their quotation in the range of 100-500 yuan / ton, and the mainstream quotation was 9200-9800 yuan / ton, falling back below 10000 yuan, and the market focus moved down. At present, the raw material calcium carbide has fallen to 5500 yuan / ton, the cost support is weakened, and the downstream gas buying is insufficient. PVC enterprises have great sales pressure and continue to reduce prices for shipment. However, the market trading atmosphere is still poor, and the wait-and-see mood of operators is not reduced.

Forecast: the PVC market is expected to continue the downward trend in the short term.

Trade name: acrylic acid

Latest price (November 3): 18733.33 yuan / ton

On November 3, the acrylic acid market was temporarily stable, flat compared with the previous trading day, down 0.35% compared with last Friday (October 29) and up 2% compared with the price on October 3. At present, the raw material propylene has stabilized, the cost support is general, the spot supply has improved, the demand side is insufficient, the procurement is mainly on demand, the inquiry and transaction are light, and the market atmosphere is weak.

It is expected that the acrylic acid market will be weak in the short term.

On November 2, the rare earth index was 686 points, the same as yesterday, down 31.40% from the highest point of 1000 points in the cycle (December 6, 2011), and up 153.14% from the lowest point of 271 points on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now).

The trend of domestic rare earth index is temporarily stable. The price of domestic light rare earth praseodymium neodymium series is stable. The price of praseodymium neodymium oxide is 717500 yuan / ton, the price of praseodymium neodymium metal is 860000 yuan / ton, the price of praseodymium oxide is 765000 yuan / ton, the price of neodymium oxide is 735000 yuan / ton, the price of metal praseodymium is 960000 yuan / ton, the price of metal neodymium is 895000 yuan / ton, and the price of dysprosium oxide increases by 15000 yuan / ton to 2.86 million yuan / ton, The price of dysprosium ferroalloy is 2.84 million yuan / ton, and the price of metal dysprosium is 3.63 million yuan / ton. The price trend of domestic light rare earth market is temporarily stable. Recently, the purchase is general, and the price of praseodymium neodymium series is rising and falling. Recently, the price of dysprosium series in domestic heavy rare earth market has increased slightly, and the price of terbium series is temporarily stable. The downstream purchase is mainly based on demand. Myanmar prohibits export, and there is a strong sentiment of resisting high price sources on the site, It is expected that the domestic rare earth market price may remain stable in the later period.

1、 Trend analysis

According to the nickel price monitoring of the business society, on the 1st, the spot nickel price rose slightly, with a quotation of 146333.33 yuan / ton, a slight increase of 0.21% over the previous trading day, 14.2% over the beginning of the year and 21.34% year-on-year. Today, Shanghai nickel opened at 143000 yuan, closing at 142710 yuan at the lowest, and closed at 143220 yuan at the end, down 1.28%. The trend of nickel in LME3 was stronger than that in domestic disk, and the focus was upward. At the deadline, it closed at US $19550, up 0.52%.

Recently, the nickel price fluctuated sharply. Basically, at present, the demand for nickel ore is insufficient, the price of ferronickel is high, the price of nickel fluctuates at a high level, the demand for nickel sulfate is low, and the supply and demand of downstream stainless steel are weak. Nickel is expected to maintain a broad shock trend in the short term.

Zinc prices fell this week

According to the data monitoring of business society, the zinc price fluctuated and fell this week, and the zinc market fell passionately. As of October 30, the price of zinc was 23646.00 yuan / ton, down 5.01% from 24894 yuan / ton last weekend (October 22); After the surge of passion in the zinc market, the zinc price fell continuously this week, the passion of the zinc market faded and returned to the balance of supply and demand.

Zinc prices fell in the futures market

Zinc futures prices fell this week, dragging down zinc prices in the spot market. According to the data detection of business agency, the nonferrous metal index on October 30 was 1364 points, the same as yesterday, down 11.31% from the highest point of 1538 points in the cycle (2021-10-18). This week, the nonferrous metal plate index fell sharply, the decline of nonferrous metal plate dragged down the zinc Market, and the zinc price in the current market fell continuously this week.

Market overview and future forecast

Business analysts believe that the price of zinc fluctuated and fell under the sharp decline of non-ferrous metal plate this week. With the intervention of national macro-control, the rising trend of non-ferrous metals in the early stage slowed down. With the continuous sharp decline of coal prices, the downstream supply and smelting expectations increased, alleviating the market supply pressure, and the zinc price fell. In the long run, the supply and demand of domestic zinc market is relatively balanced, but in the global market, the shutdown and production reduction in Europe seriously affect the supply of zinc market. The downward trend of zinc price will further erode the profit space of zinc smelters in Europe, exacerbate the pressure of shutdown and production reduction in the European market, reduce the supply of global zinc market, and the rise of international zinc price may be inevitable. In the future, the decline of zinc price is conducive to the return of the market to rationality, but the decline of zinc price exacerbates the supply shortage of zinc market, and the room for the decline of zinc price in the future is limited. It is expected that the zinc price will rise slightly in the future.

Trade name: caprolactam

Latest price: 16175 yuan / ton

Key points of analysis: the price of caprolactam was stable on October 28, which was flat compared with the previous trading day. Today, the price of raw material pure benzene decreased and the cost support was weak. Caprolactam enterprises shut down many units, and some enterprises plan to restart. At present, the confidence of caprolactam is insufficient, and the overall market is weak.

Future forecast: caprolactam price is weak and stable in the short term.

1、 Price trend

Latest price (October 27): 50666.67 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on October 27, the price of refrigerant R134a was temporarily stable and still held the early quotation. Some enterprises continued to increase. The current market price is 55000 yuan / ton, the price is high, and there is little room for negotiation. At present, the cost side has strong support, the units of refrigerant manufacturers are not saturated, the on-site supply is tightened, and R134a continues to operate at a high level.

R134a market is expected to remain stable at a high level in the short term.