On May 26, the domestic cobalt price fell sharply

According to the data monitoring of business agency, the cobalt price fell sharply on May 26, and the cobalt market fell. On May 26, the price of cobalt was 478000 yuan / ton, down 3.55% from 495600 yuan / ton on the previous trading day. The decline of international cobalt price dragged down the domestic cobalt market, and the domestic cobalt price fell sharply.

As can be seen from the trend chart of MB cobalt price, the recent sharp decline in MB cobalt price and the decline in international cobalt price have dragged down the domestic cobalt market. The cobalt price has fallen and the cobalt market has fallen.

Future forecast

The decline of international cobalt price dragged down the domestic cobalt market, and it is expected that the future cobalt price will fall weakly.

1、 Price trend

Latest price (May 25): 11280 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on May 25, the market price of phosphoric acid was 11280 yuan / ton, unchanged from the previous day. At present, the price of raw material yellow phosphorus is high, the cost support is strong, the overall focus of the phosphoric acid market moves upward, the increase range of enterprise offer is different, and the market transaction is tepid. At present, the price of raw yellow phosphorus is as high as 40000 yuan / ton, and the market price of thermal phosphoric acid is about 11000-12800 yuan / ton.

It is expected that the phosphoric acid market will remain stable in the short term.

1、 Price trend

Latest price (May 24): 8600 yuan / ton

Key points of analysis: on May 24, the average domestic spot price of pvc5 was 8600 yuan / ton, down 0.51% from the previous trading day and 6.52% year-on-year. At present, the futures price is falling, the offer in the spot market is falling, the market trading is relatively flat, the downstream demand continues to maintain the rigid demand, and the wait-and-see attitude is obvious. PVC enterprises sell goods at low prices, the market focus moves down, and the transaction is more cautious. Up to now, the price of raw calcium carbide is about 4400-4500 yuan / ton, and the price of PVC is 8250-8750 yuan / ton.

The PVC market is expected to weaken.

1、 Price trend

Latest price (May 23): 17500 yuan / ton

Key points of analysis: according to the data monitoring chart of business agency, the price of refrigerant R22 was temporarily stable on May 17, unchanged from the previous day, with a year-on-year increase of 5.42%. The price of raw material chloroform fell slightly, the cost support became weaker, and the market supply increased. At the same time, the demand did not increase. Under the bad conditions of many parties, the price of R22 fell steadily. At present, the price of raw material hydrofluoric acid is mostly 11730 yuan / ton, the price of chloroform is about 4137.5 yuan / ton, and the market quotation of R22 is mostly in the range of 17000-18000 yuan / ton.

R22 market is expected to be stable and weak.

1、 Price trend

As can be seen from the above figure, the domestic isobutyraldehyde market price rose slightly this week. This week, the average price of isobutyraldehyde in the mainstream domestic market rose from 15366.67 yuan / ton last weekend to 16300.00 yuan / ton this weekend, an increase of 6.07%. On May 20, the isobutyraldehyde commodity index was 82.74, up 1.18 points from yesterday, down 21.63% from the highest point 105.58 in the cycle (2021-09-16), and up 132.87% from the lowest point 35.53 on December 11, 2021. (Note: the period refers to the period from September 1, 2021 to now)

2、 Market analysis

The quotation of mainstream isobutyraldehyde manufacturers increased slightly this week: the ex factory quotation of lihuayi isobutyraldehyde this weekend was 16100 yuan / ton, an increase of 800 yuan / ton compared with last weekend; Hualu Hengsheng isobutyraldehyde’s ex factory quotation this weekend is 16500 yuan / ton, up 1000 yuan / ton compared with last weekend; Shandong Zhenkun isobutyraldehyde offered 16300 yuan / ton this weekend, up 1000 yuan / ton compared with last weekend.

From the perspective of upstream and downstream industrial chains, in the upstream raw material market of isobutyraldehyde, the propylene market fell slightly this week, and the price fell from 8576.60 yuan / ton last weekend to 8330.60 yuan / ton this weekend, down 2.87%. The price of butyraldehyde fell slightly, which weakened the supply and demand of raw materials. From the downstream industrial chain, the market price of neopentyl glycol fell slightly, and the price fell from 17433.33 yuan / ton last weekend to 16833.33 yuan / ton this weekend, down 3.44%. The neopentyl glycol market fell slightly, and the downstream demand weakened, which had a negative impact on isobutyraldehyde.

3、 Future forecast

The market trend of isobutyraldehyde in late may may may mainly decline slightly. The upstream propylene market fell slightly and the cost support was insufficient. The downstream neopentyl glycol market fell slightly, and the downstream purchasing enthusiasm weakened. Isobutyraldehyde analysts of business society believe that under the influence of supply and demand and raw materials in the short-term isobutyraldehyde market, the isobutyraldehyde market may fluctuate and decline slightly.