According to the monitoring of business agency, the average market price at the beginning of the week was 2466.67 yuan / ton, and the average market price at the weekend was 2600 yuan / ton, with a price increase of 5.41% and a price increase of 92.59% over the same period last year. Coking coal prices are running at a high level.

On August 20, the coking coal commodity index was 191.88, unchanged from yesterday, hitting a record high in the cycle, up 327.25% from the lowest point of 44.91 on January 28, 2016（ Note: period refers to 2012-09-01 to now)

According to the business society, in terms of supply, coking coal is still a strong operating market in the near future, and in terms of origin, the coal in origin has increased recently. However, due to the impact of environmental protection inspection, the supply of coking coal in the main origin is still relatively tight, and the contradiction between coking coal supply and demand still exists.

Demand: coke has experienced two rounds of rising this week and landed quickly. As of this Friday, coking enterprises in Shandong, Hebei, Shanxi and other main production areas have started the fifth round of raising 120 yuan / ton, and the downstream has not responded yet. In terms of supply, coking enterprises have reduced their output to a certain extent due to the difficulty of raw material procurement and the impact of production restriction and conversion in some areas. At present, the inventory in the plant is mostly low, the manufacturers are active in operation and have good sales. In terms of downstream demand, the steel mills have been active in purchasing this week, actively increasing storage, providing good support for coke demand, improving the steel mills’ purchasing enthusiasm and high demand for replenishment.

According to the coking coal analyst of business society, coking coal is still a strong operating market in the near future, and the coal in the producing area has increased recently. However, due to the impact of environmental protection inspection, the supply of coking coal in the main producing area is still relatively tight, and the contradiction between coking coal supply and demand still exists; In terms of downstream coke, the coke price is relatively strong, and the purchasing enthusiasm of downstream steel mills is not reduced. At present, the inventory in coke enterprises is mostly low, the manufacturers start actively and sell well. Coke still has a strong demand for supplementary storage of coking coal. Overall, the price of coking coal in the later stage still maintained a strong trend.

1、 Trend analysis

As shown in the figure above, the copper price fell first and then rose this week. As of the end of this week, the spot copper price was 70266.67 yuan / ton, up 0.9% from 69641.67 yuan / ton at the beginning of the week, up 21.24% from the beginning of the week and 39.02% year-on-year.

Macro aspect: at the beginning of the week, as the US non farm data in July was better than market expectations, the Fed narrowed its expectations, resulting in a decline in metal prices and a slight decline in copper prices; Later, as the US Senate passed the US $1 trillion infrastructure bill, it will boost metal demand and drive the metal rebound.

Supply side: the strike of copper mine has been disturbed continuously. At the end of July, Escondida mine of BHP, andina mine of Codelco and jxnippon Mining &; The trade union of the casrones mine owned by metals (about 3500 mining workers) voted to strike after they rejected the management’s new labor agreement and entered the government mediation stage with the intervention of the Labor Office (DT) in the first week of August. The strike of several copper mines triggered concerns about the shortage of copper supply, which made the copper price strong. However, on the last day of this week, the largest copper mine, Escondida copper mine, negotiated a contract, avoided a strike and eased the tension in the copper mine.

Demand: in the new year of real estate completion, the sales of home decoration market are hot, and the market presents a situation of off-season. In the first half of the year, the completed investment in power grid reached 36.7% of the planned investment. In the second half of the year, the orders of State Grid and the post flood reconstruction project in Henan will strongly support the consumption of electrolytic copper.

LME copper inventory

To sum up: the supply and demand are weak, but the supply interference is greater than expected, and the total inventory continues to decline. It is difficult to effectively increase the inventory in August. As time gradually approaches the peak season, the demand for goods increases, and the price fluctuation range rises. It is expected to maintain a high fluctuation pattern in the short term.

According to the bulk list data of business society, the price of domestic vitamin C remained stable this week, and the average price of food grade vitamin C remained stable at 49.33 yuan / kg.

According to the monitoring of business society, the domestic vitamin C market is light. At present, the mainstream price of food grade is 46-48 yuan / kg, and that of feed grade is 43-45 yuan / kg. The market quotation is falsely high, and the market transaction price is mainly negotiated. The downstream demand is general, and supply and demand are the main. The manufacturer will not quote for the time being during some maintenance. The production and sales of vitamin C market are weak, and the price is stable.

Corn: the upstream corn price rose slightly, and the overall market fluctuated, rising by 0.15% during the week. The overall market fluctuation is small, and the support for vitamin C is limited.

The price of vitamin A fell this week, with an average price of 295 yuan / kg at the beginning of the week and 289 yuan / kg at the weekend, down 2.26%. The decline of vitamin A increased this week, mainly due to the continuous loss of the downstream pig industry, the continuous downturn of the demand in the terminal meat market, the fluctuation of pig price at 15-16 yuan / kg, the high feed cost and the continuous light purchase of feed additives. Traders are eager to buy goods, there is more room for price negotiation, weak demand support and falling prices.

The price of vitamin E remained stable this week, with an average price of 74.33 yuan / kg. It is understood that Zhejiang Pharmaceutical vitamin E plant will be shut down for maintenance, and no external quotation will be made for the time being. Downstream demand is general, traders are eager for goods, and ve prices are temporarily stable.

Future forecast

The vitamin analyst of the chemical branch of business society believes that: on the whole, the demand of the vitamin market is weak, and the price is difficult to rise significantly. Affected by the epidemic situation and the depression of the feed industry, it is expected that the recent vitamin price shock will be mainly lower.

1、 Price trend

According to the bulk list data of business society, the average price of domestic liquid caprolactam was 14350 yuan / ton on August 9 and 14250 yuan / ton on August 15. Caprolactam prices fell 0.7% this week.

2、 Market analysis

As of August 15, Nanjing Dongfang caprolactam liquid price was 15100 yuan / ton, 400000 tons / year, the unit was started normally, and the caprolactam unit was in normal operation. Sinopec caprolactam liquid price is 14700 yuan / ton. The price of Baling Hengyi caprolactam liquid is 14700 yuan / ton, 450000 tons / year. The unit is started normally and delivered after acceptance. The price of caprolactam liquid of Baling Petrochemical is 14700 yuan / ton, 300000 tons / year. The unit is started normally and delivered after acceptance. Shandong Luxi Chemical caprolactam liquid price is 13800 yuan / ton, and the manufacturer’s production capacity is 300000 tons. The actual transaction can be negotiated.

The raw material pure benzene rebounded slightly after falling this week. On August 8, the price of pure benzene was 7450-7700 yuan / ton, with an average price of 7610 yuan / ton. On August 15, the price of pure benzene was 7450-7600 yuan / ton, with an average price of 7540 yuan / ton. The average price fell by 70 yuan / ton, or 0.92%, compared with last week; Compared with the same period last year, it increased by 119.19%.

3、 Future forecast

Caprolactam analysts of business society believe that although the price of raw material pure benzene has fallen at present, the cost support is weak, and the decline may stop next week. The supply of caprolactam increased and still increased. Downstream enterprises purchase on demand, and the demand is general. It is expected that in the short term, caprolactam market will be dominated by weak consolidation and operation, and the price may decline slightly.

1、 Price trend

According to the monitoring data of business society, the price of chlorinated paraffin was stable this week. On August 9, the average ex factory price of domestic chlorinated paraffin 52 was 6100 yuan / ton, and on August 15, the average ex factory price of domestic chlorinated paraffin 52 was 6100 yuan / ton, with stable price.

2、 Market analysis

This week, the domestic chlorinated paraffin started stably and the unit operated normally. At present, the ex factory quotation of chlorinated paraffin 52 in Anhui is about 5800-6000 yuan / ton, that in Northeast China is about 5800 yuan / ton, that in Hebei is about 5000-5700 yuan / ton, that in Shaanxi is about 6600 yuan / ton, and that in Shandong is about 5800-6200 yuan / ton.

In terms of raw liquid wax, the liquid wax market was stable this week, the price had no obvious change, and some enterprises stopped production. In terms of raw liquid chlorine, the liquid chlorine market is stable and the demand is acceptable.

3、 Future forecast

Business society chlorinated paraffin analysts believe. This week, the price of chlorinated paraffin raw materials was stable, the market trading was stable, and the supply and demand were balanced. Demand side purchase on demand. It is expected that the price of chlorinated paraffin will run smoothly in the short term.

The market of nitrile rubber rose slightly this week (8.9-8.13). According to the monitoring of business society, as of August 13, the price of nitrile rubber was 22500 yuan / ton, a slight increase of 1.35% compared with 22200 yuan / ton at the beginning of the week.

The ex factory price of domestic nitrile rubber increased. According to the monitoring of business society, Lanzhou Petrochemical nitrile n41e reported 20200 yuan / ton as of August 13; 3305e quoted 21300 yuan / ton; Ningbo shunze 65000 T / a unit operates normally, and the manufacturer has a large inventory. The ex factory price of nitrile 3355 / 3365 is 21300 yuan / ton, and the ex factory price of 3380 is 22400 yuan / ton. In August, the start-up of the downstream rubber products industry has not increased significantly, and the demand is mainly stable.

Butadiene, the raw material, has pulled back from its high level since late July and continued to fall this week, with weak cost support. According to the monitoring of business society, as of August 13, the price of butadiene was 10697 yuan / ton, down 3.65% from 11102 yuan / ton at the beginning of the week.

Future forecast: NBR analysts of business society believe that the demand side is stable, but the cost side support is weaker. It is expected that the NBR market will be consolidated at a high level in the later stage.

According to the data monitoring of business agency, the prices of industrial grade and battery grade lithium carbonate continued to rise at the beginning of the month this week. On August 12, the average price of industrial grade lithium carbonate in East China was 95800 yuan / ton, which was 4.59% higher than that in early Zhou (the average price of industrial grade lithium carbonate in East China was 91600 yuan / ton on August 8). On August 12, the average price of battery grade lithium carbonate in East China was 99000 yuan / ton, which was 4.43% higher than that in early Zhou (the average price of battery grade lithium carbonate in East China was 94800 yuan / ton on August 8). On the 12th, the comprehensive quotation of industrial grade lithium carbonate market was about 94000 ~ 100000 yuan / ton, and the comprehensive quotation of battery grade lithium carbonate market was about 98000 ~ 104000 yuan / ton.

From the observation of market changes, the recent price rise of lithium carbonate is gratifying, and the market demand has increased significantly. With the tight supply of goods, the price is changing almost at any time, and some enterprises suspend quotation due to frequent price fluctuations. From the perspective of the production expansion rate of cathode materials in the second half of this year, the demand for lithium salt began to increase, and the situation of short supply may continue to maintain, which also brings a positive trend to the development of lithium salt market in the future. Coupled with the rapid development of new energy vehicle industry, the lithium resource sector is favored by the market.

The price of domestic industrial grade lithium hydroxide in the downstream continues to rise. Due to the high price of spodumene and pressure on the cost, some smelters are still in the maintenance period, the tight spot supply situation continues, the demand side performs well, and the market atmosphere is active, driving the price focus upward. In terms of lithium iron phosphate, the market mainly operates stably, the supply and demand are balanced, the price trend is stable, the downstream just needs to purchase, the price fluctuation range is small, and the negotiation atmosphere is flat.

On August 11, the lithium carbonate commodity index was 242.55, up 4.08 points from yesterday, down 40.13% from the highest point 405.10 in the cycle (2018-01-07), and up 146.14% from the lowest point 98.54 on October 16, 2014（ Note: period refers to the period from September 1, 2011 to now)

The lithium carbonate analyst of business society believes that at present, the price of spodumene at the upstream raw material end of lithium carbonate market is high, while the downstream demand is rapid, resulting in a tight supply of lithium carbonate. In addition, the output of salt lakes in Qinghai will decrease relatively after the third quarter, which will boost the price of lithium carbonate. It is expected that the price of lithium carbonate may continue to rise in the short term.

Recent price trend of sulfuric acid

As can be seen from the above figure, the market price of sulfuric acid in Shandong increased this week. The quotation increased from 740.00 yuan / ton at the beginning of the week to 760.00 yuan / ton at the end of the week, an increase of 2.70%, a year-on-year increase of 77.78% compared with the same period last year. Overall, the sulfuric acid market rose this week, and the sulfuric acid commodity index was 118.29 on August 6.

The downstream market was boosted and the willingness to purchase was strengthened

From the manufacturer’s quotation, the price of mainstream sulfuric acid manufacturers in Shandong increased this week, the manufacturer’s inventory is general, and the downstream demand is good. Heze Jiangyuan sulfuric acid quoted 810 yuan / ton at the weekend, which was temporarily stable compared with that at the beginning of the week; Zouping Tianlu offered 710 yuan / ton this weekend, up 40 yuan / ton compared with the beginning of the week; Changzhou Qinghong offered 980 yuan / ton at the weekend, an increase of 130 yuan / ton compared with the beginning of the week.

From the upstream and downstream industrial chain, the upstream sulfur market has been consolidated at a high level recently. The quotation increased from 1646.67 yuan / ton at the beginning of the week to 1666.67 yuan / ton at the end of the week, an increase of 1.21%, a year-on-year increase of 141.55% compared with the same period last year, and the cost support is good. The downstream bromine market fell slightly, and the quotation fell from about 44125.00 yuan / ton at the beginning of the week to 43750.00 yuan / ton at the end of the week, a decrease of 0.85%, a year-on-year increase of 59.41% compared with the same period last year. On the whole, the upstream and downstream products had a positive impact on the price of sulfuric acid this week.

The market outlook fell slightly

In the middle of August, the sulfuric acid Market in Shandong Province mainly fell slightly. The upstream sulfur price has been adjusted at a high level recently, with good cost support, but the downstream bromine market began to decline slightly, the downstream enthusiasm for purchasing sulfuric acid weakened, and the product trend declined under the contradiction between supply and demand. Sulfuric acid analysts of business society believe that under the influence of supply and demand and raw materials in Shandong market in the short term, the sulfuric acid market may fluctuate and fall slightly.

1、 Price trend

According to the monitoring data of business agency, the price of caustic soda is temporarily stable. From the beginning of the week to the end of the week, the market price in Shandong is 647.5 yuan / ton, with a price increase of 5.86% and a price increase of 36.32% over the same period last year. On August 8, the caustic soda commodity index was 93.17, the same as yesterday, down 54.96% from the highest point 206.87 in the cycle (November 14, 2017), and up 43.10% from the lowest point 65.11 on October 9, 2020（ Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

The price of caustic soda has been stable for the time being this week. The price of caustic soda in Shandong is rising, and the mainstream ex factory price of 32% caustic soda is 620-720 yuan / ton. Downstream demand is mainly based on purchase on demand. Now caustic soda manufacturers adjust their prices according to their own conditions. It is comprehensively estimated that caustic soda will mainly operate temporarily and stably in the future. The price of caustic soda in Hebei fluctuates slightly. At present, the mainstream ex factory price of 32% caustic soda is 650-780 yuan / ton. It is expected that the subsequent consolidation and operation of caustic soda will be the main.

Downstream: at present, alumina enterprises mainly purchase caustic soda on demand, and the quotation of caustic soda manufacturers is stable. In addition, the downstream has a mentality of resistance to high price caustic soda, and the two sides launch a price game.

According to the price monitoring of the business society, in the list of price rise and fall of chlor alkali industry in the 31st week of 2021 (8.2-8.6), there were 0 kinds of commodities rising, 1 kind of commodities falling and 4 kinds of commodities rising and falling to 0. The main commodities falling were PVC (- 0.14%). The average rise and fall this week was – 0.03%.

Business analysts believe that recently, the price of caustic soda in Shandong has maintained stable operation, while the downstream alumina is mainly purchased on demand. It is expected that the follow-up consolidation and operation of caustic soda will mainly depend on the downstream market demand.

1、 Price trend of domestic sodium pyrosulfite

According to the monitoring of business agency, the price of domestic sodium pyrosulfite continued to rise this week. The average price of industrial grade sodium pyrosulfite was 2266.67 yuan / ton at the beginning of the week and 2350.00 yuan / ton at the end of the week, up 3.68% during the week.

2、 Market analysis

The overall market performance of sodium pyrosulfite this week is good. The market price range of industrial grade sodium pyrosulfite is 2300-2500 yuan / ton, and most prices are concentrated near 2300-2400 yuan / ton. Supported by the continuous rise in raw material costs, after August, Georgia manufacturers successively increased the ex factory price of sodium pyrosulfite, driving the domestic market price of sodium pyrosulfite to continue to rise. With the support of downstream rigid demand, the enterprise’s production is stable, focusing on completing the orders of old customers（ The above prices refer to the external quotations of domestic mainstream enterprises, and some unreported enterprises are not within their scope temporarily. The prices are for reference only and have nothing to do with the final pricing of manufacturers. Please contact each manufacturer for details).

This week, the overall high price of domestic soda ash kept steady, the price of sulfur rose by 1.21%, the price of upstream raw materials continued to rise, and the continuous high cost of raw materials will further support the market price of sodium pyrosulfite in the future.

3、 Future forecast

Business analysts believe that under the dual support of cost and demand, there is still some room for rise in the domestic sodium pyrosulfite market price in the short term.