Price Trend

According to the price monitoring of business associations, the market of potassium sulfate remained stable this week.

II. Market Analysis

The domestic potassium sulphate market is relatively stable. Recently, there is still a large demand for water-soluble potassium sulphate in downstream compound fertilizer plants. Mannheim produces 52% water-soluble potassium sulphate mainly. There is no stock in the plant, keeping the balance of production and marketing, and even some factories have received orders until the end of July. At present, Mannheim 52% water-soluble potassium sulfate shipment price is more than 3000-3150 yuan/ton, the actual transaction is based on a single regional agreement, the supply of goods is slightly tight. Resource-based potassium sulfate has remained stable, tenders for tobacco in southern China have tenders, and other tenders will be launched one after another, which to some extent supports the current market prices. Water and salt 50% powder arrival price is more than 2520-2550 yuan/ton, Luo potassium 52% powder arrival price is more than 2700-2750 yuan/ton. Both factories and traders indicate that resource-based potassium sulfate will have an upward trend in the future.

3. Future Market Forecast

Potassium sulphate analyst of business association thinks: At present, potassium fertilizer market sales are not strong, and keep stable trend in the short term.

Price Trend

Business associations: Maleic anhydride market continued downward trend in June

According to data from business associations, the average price of maleic anhydride offered at the end of the month was 6 600.00 yuan/ton (including taxes), with a monthly increase or decrease of -5.04%.

II. Market Analysis

Product: Maleic anhydride market continued to decline in June. Crude oil rebounded in June, downstream resin factories due to environmental and economic factors, low start-up rate, market continued to weaken, the demand for maleic anhydride is general. In June, the domestic maleic anhydride start-up rate increased, the main factories were operating normally, and the domestic supply of maleic anhydride was sufficient. Downstream enterprises and traders have low inquiry intentions, mainly to maintain on-demand procurement, and market transactions are general.

Industry chain: The rebound of crude oil bottoming in June supports the prices of n-butane and pure benzene. Downstream resins factories started because of environmental factors, market sentiment is weak. Benzene loss situation is aggravated, and the rise in oil prices has led to the rise in the price of pure benzene upstream raw materials. The price of n-butane is still hovering at a low price, the market is well supplied, and the downstream is still in the off-season. In July, maleic anhydride is expected to maintain the finishing trend.

3. Future Market Forecast

Analysts of maleic anhydride products from Business Society Chemical Branch believe that at present, the domestic maleic anhydride market is expected to continue to consolidate in July.

According to the data of business associations, the domestic sulphur market declined on July 2, with the average ex-factory price of sulphur market in eastern China being 963.33 yuan/ton, a decline of 3.35%.

II. Market Analysis

Products: Domestic sulphur market prices have been lowered as a whole. The prices of refineries have been flexibly lowered by 20-50 yuan/ton, solid sulphur quoted by 810-1000 yuan/ton and liquid sulphur by 780-950 yuan/ton. The market performance was cold and there was less real-life negotiation.

Industry chain: The market price of downstream sulphuric acid in Shandong is rising, but the enthusiasm of customer demand is general, the market support is limited, and the future sulphur market is mainly on the lookout.

III. Price Forecast

According to business associations, the domestic sulphur market will remain stable in the short term.

Price data:

According to the monitoring data of business associations’list, the domestic bromine market continued to decline in June, and the industry started to work normally as a whole. At the beginning of the month, the average bromine price was about 35,000 yuan/ton. At the end of the month, it fell to about 34,000 yuan/ton, with a drop of 2.86% in the month, up by 20.97% compared with the same period last year.

II. Cause Analysis

Products: In June, the domestic bromine market was well supplied, the productivity of seawater bromine enterprises reached its peak, and some bromine enterprises had a certain stock accumulation. However, the downstream market gradually entered the off-season, the demand for bromine was weak, and the industry as a whole gradually showed a situation of oversupply. For some start-up enterprises, such as Dongyue Fine Chemical Company, Shandong Haihua Company, Shandong Haiwang Chemical Company, Tianjin Changlu Haijing Company, etc. At present, the mainstream quotation of enterprises is about 33500-34000 yuan/ton, and some of the real orders are on the low side.

Industry Chain: The upstream industry of bromide in June rose and fell differently: the sulfur market rose first and then stabilized in a month, with an increase of 4.18%, and the current quotation of 996 yuan/ton; the caustic soda market shocked and adjusted within a month, with a slight increase of 1.06%, and the current quotation of 712 yuan/ton; the soda market dropped by 9.01% in a month, and the current quotation of 1783 yuan/ton; The acid price fluctuated upwards, up 4.88% in the month, and the current quotation is about 215 yuan/ton. At present, the downstream bromine flame retardant industry is in the off-season, the overall demand is not good, the bromine price support is insufficient, pharmaceutical and agricultural intermediates and other industries can be purchased.

3. Future Market Forecast

Bromine industry analysts of business associations believe that the production of domestic bromine market enterprises is in the peak season. Recently, the environmental protection group inspected the Bohai Rim, which has a certain impact on bromine production. However, downstream users just need to be weak, and the market as a whole is in a relatively balanced state in a short time. It is expected that bromine prices will remain stable for a long time in the future. Online vision will continue to show a downward trend.

According to the survey data of business associations, the average market price in East China is about 1716.67 yuan per ton. The light soda commodity index on July 1 was 88.03, down 3.42 points from yesterday, down 25.31% from 117.86 points in the cycle (2017-11-21), and up 39.40% from 63.15 points on November 18, 2015. (Note: Period refers to 2011-09-01 to date)

Domestic soda market is mainly stable, and enterprises are on the sidelines. At present, the mainstream factory price of light alkali in China is 1450-1700 yuan/ton, and the terminal price of heavy alkali is 1750-1900 yuan/ton. The actual transaction price can be further discussed. The domestic soda ash market has a narrow fluctuation and is relatively stable as a whole. Lightweight alkali market continues to decline, manufacturers shipment situation is general.

Soda analysts in business associations believe that the recent start-up load of soda manufacturers continues to rise, and the supply of goods is sufficient. Soda soda manufacturers have a high inventory. Downstream demand is sluggish, more cautious wait-and-see market-oriented. The market is short of good news. It is expected that the domestic soda market will operate steadily in a multi-dimensional way in the short term, with the focus of attention mainly on wait-and-see. The downstream market demand will also be seen in detail.