1、 Price trend

According to the Commodity Market Analysis System of Business Society, the price of baking soda has temporarily stabilized this week, with an average market price of 1925 yuan/ton from the beginning of the week to the weekend, a year-on-year decrease of 30.67%. On June 26th, the baking soda commodity index was 127.77, unchanged from yesterday, a decrease of 45.82% from the cycle’s highest point of 235.84 points (2021-11-10), and an increase of 44.75% from the lowest point of 88.27 points on December 22, 2020. (Note: The cycle refers to the period from September 1st, 2020 to the present)

2、 Market analysis

According to the Commodity Analysis System of the Business Society, the price of baking soda is weak and consolidating, and the downstream market has seen moderate demand recently. The current price of baking soda in Henan region is around 1700-2100 yuan/ton, which is the mainstream market quotation. According to the product analysis system of Business Society, the upstream soda ash price of baking soda is temporarily stable. The average market price of light soda ash from June 20th to June 27th was 1960 yuan/ton, a decrease of 32.88% compared to the same period last year.

Analysts from Business Society believe that the price of baking soda has remained stable in the near future, with sufficient supply of baking soda and stable operation of raw material soda ash. The soda ash plant is relatively stable, and the overall trading atmosphere is acceptable. Downstream soda ash purchases are more on demand in the near future, and the supply-demand game is expected to be dominated by fluctuations in soda ash prices in the later stage. Downstream soda ash has average demand for pharmaceuticals, textiles, food, and other aspects, For baking soda, the main focus is on on-demand procurement, with cautious purchasing sentiment and a supply-demand game. Overall, it is expected that the price of baking soda will consolidate and operate in the future, depending on downstream market demand.

1、 Price trend

Taking the rutile titanium dioxide produced by sulfuric acid process with a large volume of goods in the domestic market as an example, according to the monitoring of bulk commodity data, the average price of domestic titanium dioxide in June was 16133.33 yuan/ton.

2、 Market analysis

The titanium dioxide market remained basically stable in June. Overall, the international market has performed reasonably well, while the domestic titanium dioxide market is relatively light, with average market trading and limited actual transactions. The prices of this month’s Dragon Enterprise Meeting have temporarily stabilized, and some companies have sent letters raising prices. At present, the domestic market is still in the off-season, with poor market demand. However, the cost pressure on enterprises is high, and actual transactions are cautious. Downstream customers are more wait-and-see and purchase according to demand. Up to now, most domestic Rutile titanium dioxide quotations are between 15500-17200 yuan/ton; The quotation for anatase titanium dioxide is around 13500-14000 yuan/ton.

In terms of titanium concentrate, the price of titanium concentrate in the Panxi region fell first and then rose this month. At present, the titanium concentrate market is influenced by upstream titanium powder enterprises, and the market transactions are average. Many people are cautious and cautious, and the market prices are firm. Due to the impact of environmental protection, the titanium ore market is currently under construction, and the quotation is firm, with some low price quotations being raised. As of now, the tax-free quotation for grade 38 42 titanium ore is around 1350 to 1450 yuan/ton, the tax-free quotation for grade 46 10 titanium concentrate is around 2020 to 2150 yuan/ton, and the quotation for grade 47 20 titanium concentrate is around 2300 to 2350 yuan/ton. In the short term, the market price of titanium concentrate is strong and the actual transaction price is negotiable.

In terms of sulfuric acid, according to the Commodity Analysis System of Business Society, the domestic sulfuric acid market price increased in June. The market price of sulfuric acid was 182 yuan/ton on June 1st, and the average price on June 26th was 196 yuan/ton. The price increased by 7.69% during the month. The domestic sulfuric acid market increased in June. The upstream sulfur market has recently slightly increased, with increased cost support. The downstream hydrofluoric acid market has slightly declined, while the titanium dioxide market is light, and downstream customers’ enthusiasm for purchasing sulfuric acid has weakened.

3、 Future Market Forecast

Titanium dioxide analysts from the Business Agency believe that the price of titanium concentrate in Panzhihua Xichang region fell first and then rose this month, and the price of sulfuric acid market rose broadly. The cost pressure of titanium dioxide is relatively high, but the domestic titanium dioxide market has a light trading situation. The upstream and downstream markets are relatively stagnant, and the market is more wait-and-see, with cautious trading. It is expected that titanium dioxide will temporarily operate stably in the short term, and the actual transaction price will be negotiated separately.

According to the monitoring of the Commodity Market Analysis System of the Business Society, the domestic price of LLDPE (7042) was 8028 yuan/ton on June 16, and the average price on June 25 was 8042 yuan/ton. During this period, the quotation increased by 0.18%.

According to the monitoring of the Commodity Market Analysis System of the Business Society, the average ex factory price of LDPE (2426H) was 8500 yuan/ton on June 16 and 8525 yuan/ton on June 25, with an increase of 0.29% during the period.

According to the monitoring of the Commodity Market Analysis System of the Business Society, the average ex factory price of HDPE (5000S) was 9037 yuan/ton on June 16, and the average price on June 25 was 9062 yuan/ton. During this period, the quotation increased by 0.28%.

Polyethylene prices have slightly increased this week. In June, the Federal Reserve suspended interest rate hikes, leading to a rebound in macroeconomic sentiment and providing some support for polyethylene prices. There is a slight upward trend in crude oil prices, boosting the polyethylene market. In June, the equipment maintenance was at a high level, with an increase in maintenance losses and little market supply pressure. Agricultural film is in the off-season of demand, and order follow-up is limited. In terms of pipes, factory orders are gradually decreasing, and the factory’s enthusiasm for receiving goods is not high. The market is mainly focused on procurement on demand.

There are maintenance plans for some polyethylene devices, and the market supply pressure has been alleviated. However, the demand for polyethylene in the market is weak, and it is expected that polyethylene may be mainly subject to fluctuations and adjustments.

1、 Price trend

According to the commodity market analysis system of the business community, the average price of domestic Chlorinated paraffins 52 market was 5200 yuan/ton on June 14, and the average price of domestic Chlorinated paraffins 52 market was 5350 yuan/ton on June 21. The price of Chlorinated paraffins rose 2.88% this week

2、 Market analysis

The market price of Chlorinated paraffins rose this week. This week, the price of raw material liquid chlorine continued to rise, and the price of raw material liquid wax fluctuated slightly, with good cost support. Downstream demand is light, with primary demand orders and low market trading volume. As of June 21, the ex factory quotation of Chlorinated paraffins 52 at environmental protection level in Anhui was about 5600 yuan/ton, that of Chlorinated paraffins 52 at national standard level in Northeast China was about 5000 yuan/ton, and that of Chlorinated paraffins 52 at national standard level in Shandong was about 4500-5450 yuan/ton.

In terms of raw material liquid wax, the price of liquid wax has fluctuated this week, with the market fluctuating and liquid wax changing with the fluctuations of crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine has continued to rise this week, and the price of liquid chlorine in Shandong region has continued to rise, stabilizing in the future. The market transaction is acceptable, and the manufacturer has stable shipments.

3、 Future Market Forecast

Analysts of Chlorinated paraffins from the business agency believe that the price of liquid chlorine as raw material has continued to strengthen recently, and the cost has boosted the price of Chlorinated paraffins. However, demand performance remains weak, with insufficient follow-up on new orders. It is expected that the market price of Chlorinated paraffins will be stable in the short term. It is suggested to pay attention to the change of raw material price.

According to the data monitoring of the business society, as of June 20, 2023, the reference price of domestic butanone market was 7300 yuan/ton, which was 34 yuan/ton higher than that of June 16, 2023 (7266 yuan/ton), an increase of 0.46%.

It can be seen from the data monitoring chart of the business community that the domestic butanone market generally saw a slight rise in the early Dragon Boat Festival (6.16-6.20). Prior to the holiday, the rebound in the carbon tetrachloride market after the ether end of the raw material provided increased cost support for butanone. The overall narrow range of the butanone market trend is approaching upward, and some butanone factories and suppliers have slightly increased the price of butanone, with an adjustment range of 50-100 yuan/ton. The downstream demand side of butanone has improved generally, and trading on the market before the holiday is cautious. As of June 20th, the domestic market price of butanone is around 7000-7300 yuan/ton, with lower prices around 6700 yuan/ton and higher prices around 7600 yuan/ton.

Analysis of the aftermarket of butanone

At present, the trading atmosphere of butanone on the market is average, and there is a strong wait-and-see sentiment. The overall trading volume of new orders in the market is limited. The butanone data analyst of the Business Society believes that in the short term, the domestic butanone market will mainly operate with stable and small movements, and the specific trend needs to pay more attention to changes in supply and demand news.