Price list of magnesium ingots in Shaanxi on the 23rd

Market analysis

According to the data monitoring of the business agency, on the 23rd, 99.9% of the factory price including tax in mainstream areas was about 45000-50000 yuan / ton, an increase of 10000 yuan / ton compared with yesterday.

Yesterday, the central ecological and environmental protection inspector’s meeting pointed out that the blue carbon industry in Yulin City eliminated backward and ineffective cases, frequent illegal construction and prominent environmental problems, conducted a profound and comprehensive analysis on the problems involved in Yulin City, and arranged the deployment of rectification work. In this supervision, 349 blue carbon units with a single furnace capacity of less than 75000 tons in 23 magnesium plants have illegal production, or the subsequent shutdown and elimination of backward equipment, which will directly affect the production and supply of magnesium ingots in the short term, and the merchants of magnesium plants have a strong willingness to support the price. Affected by this message, the demand side has a positive purchase inquiry and a significant increase in the actual transaction rate.

Future forecast

Business analysts believe that the current policy rectification is not clear, and there are no detailed rectification rules for the time being. In the follow-up, we still need to pay attention to the changes in the policy side, and the risk of wide shock trend in magnesium market will not be ruled out in the short term.

Ammonium chloride market fell slightly. According to the monitoring of business society, the price of domestic ammonium chloride dry ammonium was 1115 yuan / ton on the 22nd, down 0.67% from the previous day. On the one hand, at present, the operating rate of combined caustic soda has increased to around 70%, and the supply side is still loose. On the other hand, since December, the price of raw liquid ammonia has been weakly consolidated, and the cost side has a weakening trend, which has a negative impact on ammonium chloride. The start-up of downstream compound fertilizer is 30 ~ 40%, and the demand for ammonium chloride is mainly small orders, which can be used as needed. Recently, the urea price fluctuated in a narrow range, which is difficult to support the ammonium chloride market. The ammonium chloride market is weakening as a whole.

It is predicted that the demand side is weak and the cost side is weak. It is expected that the ammonium chloride market will continue to be weak in the later stage.

1、 Price trend

Latest price (December 21): 8430 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on December 21, the main PVC contract 2205 closed at 8449, and the spot market continued to decline slightly. The average domestic spot price of pvc5 was 8430 yuan / ton, down 0.12% from the previous day. The market quotation rose and fell, but the overall rise was less or more. In the off-season of demand, the market trading was relatively flat, and the price of raw materials fell, Under the weak fundamentals, the PVC market is still weak.

Forecast: it is expected that PVC is easy to fall but difficult to rise in the short term.

Trade name: potassium chloride

Latest price (December 20): 2890.00 yuan / ton

On December 20, the ex factory price of domestic potassium chloride was temporarily stable, which was the same as the quotation on December 17. The market price of 60% white potassium in domestic potassium is about 3600-3800 yuan / ton. The factory quotation of 57% powder of Qinghai small factory is about 2900-3000 yuan / ton, and the supply of goods is tight. The price of 62% white potassium in the port is about 4000-4100 yuan / ton. Border trade 62% Russian White potassium will not be quoted temporarily. The market of downstream potassium carbonate and potassium nitrate has declined slightly in the near future, and the enthusiasm for procurement will be strengthened and weakened next time.

Recently, the price of domestic potassium chloride may rise slightly, and the quotation is about 2900 yuan / ton.

Trend of metallic magnesium in recent March

Market analysis this week

Since December, the magnesium ingot Market has continued to develop steadily and upward. This week, the magnesium market is first Yang and then stable. After returning to the market in the early part of the week, the price of magnesium rose again, there was less spot on the supply side, and the quotation showed an upward trend. In addition, the market speculation increased recently. In the later part of the week, the downstream became more cautious about purchasing high priced magnesium, and the price of magnesium ingots remained high, but the actual number of orders was not large.

As of December 17, the specific price range of each region is as follows: ex factory tax cash exchange in fugu area is 41900-42000 yuan / ton; The ex factory tax included spot exchange in Ningxia is 41900-42000 yuan / ton; Taiyuan factory tax included spot exchange 42000-421000 yuan / ton; The ex factory tax included spot exchange in Wenxi area is 42100-422000 yuan / ton.

Cost side impact

On December 17, the price in the main production area of Ningxia was 8100-8200 yuan / ton. The long-awaited ferrosilicon bidding price of Hegang group in December was finalized. The pricing was 8600 yuan / ton, 2400 yuan / ton lower than that of the previous month, 398 tons lower than that of the previous month, 1051 tons lower than that of the previous month. At present, the market direction is clear, but compared with the previous month, the market pessimism is difficult to change.

The price of orchid charcoal decreased slightly. The mainstream price of small and medium-sized materials in fugu market was 1650-1750 yuan / ton. The overall supply of orchid charcoal enterprises due to environmental protection inspectors in Shaanxi decreased compared with before. At present, the raw material market is stable and weak, which has little impact on the price of magnesium ingots.

Future forecast

On the whole, the reason why the magnesium ingot Market rose again in the new week is almost the same as that in the first two weeks of this month. It is understood that there is still a tight supply situation. At the same time, downstream demand procurement is also relatively cautious. Futures are mainly reserved, and the acceptance of high prices is limited. Magnesium manufacturers are more optimistic about the short-term market, and in recent times, The last environmental protection inspection of the year will also be carried out. Business analysts believe that there is limited room for further growth in the future, so we need to wait and see the performance of demand release at the end of the year and the follow-up impact of environmental protection inspectors.