The titanium dioxide market remained basically stable in June

1、 Price trend

 

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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.

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Polyethylene prices slightly sorted out this week (6.16-6.25)

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%.

 

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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.

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Cost support Chlorinated paraffins price rise (6.14-6.21)

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.

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The butanone market rose slightly before the Dragon Boat Festival (6.16-6.20)

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.

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Petroleum coke market continued to decline (6.12-6.18)

1、 Price data

 

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According to the commodity analysis system of the business community, the price of Petroleum coke of the local refiner continued to decline this week. On June 18, the average price of Shandong market was 1756.50 yuan/ton, down 5.26% from the price of 1854.00 yuan/ton on June 12.

 

On June 18, the Petroleum coke commodity index was 136.62, unchanged from yesterday, down 66.57% from the cycle’s highest point of 408.70 (2022-05-11), and up 104.25% from the lowest point of 66.89 on March 28, 2016. (Note: The cycle refers to the period from September 30th, 2012 to the present)

 

2、 Analysis of influencing factors

 

This week, the price of Petroleum coke produced by local refineries continued to decline. Local refineries actively discharged their stocks. The downstream was in a strong wait-and-see mood, and the trading was average. At present, the port Petroleum coke inventory is high and the shipment is active, but the terminal just needs replenishment, and the overall trade is general.

 

This week, the international crude oil market fluctuated and rose. Mainly due to unexpected retail growth in the United States in May, supported by positive employment data, the expectation of the Federal Reserve ending its interest rate hike process has strengthened. The significant increase in processing capacity of Chinese refineries has boosted oil prices.

 

The price of calcined coke remained basically stable this week. The basic situation of metal silicon is still poor, the starting situation has improved, and the demand side has not improved significantly. The inventory is high, and the top of the price of metal silicon is under pressure. As of June 18, the average price of 441 # metal silicon in the Spot market was 13610 yuan/ton. The downstream electrolytic aluminum market is fluctuating, and there is a trend of inventory depletion in the electrolytic aluminum society. Inventory depletion is evident, with an average price of 18553.33 yuan/ton as of June 18th. Downstream enterprises have a strong wait-and-see attitude and low enthusiasm for receiving goods, with on-demand procurement being the main focus.

 

Petroleum coke analysts of the business agency believe that: at present, domestic Petroleum coke is in sufficient supply. In addition, imported Petroleum coke is in high inventory, and the shipment is active. Local refining Petroleum coke is in average delivery. Refineries actively arrange the inventory. Downstream enterprises are in a strong wait-and-see mood, and have low enthusiasm for receiving goods. They mainly purchase on demand. It is expected that the local refining of Petroleum coke in the near future will be dominated by weak points.

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