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.

1、 Price trend

Latest price (December 16): 11666.67 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on December 16, the phosphoric acid market rose steadily and secretly, the price was low, enterprises continued to raise their quotation, and the market focus continued to move upward. At present, the price of raw yellow phosphorus is 43000-45000 yuan / ton, the cost support is strong, and the price of phosphoric acid is mostly in the range of 9500-13000 yuan / ton, so the wait-and-see mood of the industry remains unchanged.

It is expected that the phosphoric acid market may rise slightly with the cost in the short term.

Trade name: isopropanol

Latest price December 15: 6800 yuan / ton

Key points of analysis: the focus of domestic isopropanol market is downward. At present, the raw materials acetone and propylene have fallen one after another, and the cost support is insufficient. The market trading atmosphere is poor, and the overall trading is relatively cold. Lack of confidence in the industry, less downstream inquiries, more wait-and-see, slow shipment.

Forecast: there is no lack of possibility of slight decline in isopropanol in the short term.

Trade name: lithium hydroxide

Latest price (December 14): 175000.00 yuan / ton

On December 14, the market of industrial lithium hydroxide was temporarily stable, flat compared with the previous trading day, and the price increased by 1.16% compared with the beginning of the month. On December 14, the market price of battery grade lithium hydroxide rose. Recently, the price of raw material spodumene has been running at a high level, the price of lithium carbonate has increased rapidly, the cost support is obvious, the supply and demand side has changed little, and the market atmosphere is acceptable.

It is expected that in the short term, the market situation of industrial lithium hydroxide may be stable, medium and strong.

Trade name: dichloromethane

Latest price (December 13): 5065 yuan / ton

Key points of analysis: according to the monitoring of business agency, the price of dichloromethane in Shandong was 5065 / ton on the 13th, up 1.35% from the previous day. The ex factory price of dichloromethane from domestic manufacturers increased over the weekend and Monday. According to the monitoring of business agency, as of December 13, Shandong Jinling dichloromethane apron ex factory in cash was 5070 yuan / ton; Luxi Chemical dichloromethane apron ex factory in cash at 5050 yuan / ton; Jiangsu Meilan dichloromethane apron ex factory in spot exchange at 5500 yuan / ton; Jiangsu Liwen dichloromethane bulk water ex factory in spot exchange is 5700 yuan / ton. The market offer is up. The price of raw methanol is still low, and the cost support is not strong. Domestic methane chloride starts slightly lower, with slight support from the supply side.

Future forecast: the raw material price will fluctuate in a narrow range at a low level in the short term, the demand side will not be significantly positive, and the supply side will be slightly supported in the short term. It is expected that dichloromethane will fluctuate in a narrow range in the later stage.