Supply is expected to tighten, and the price of antimony ingot rises slightly (from February 10 to February 17)

From February 11 to February 18, 2022, the market price of antimony ingots in East China was temporarily stable. The price was 75000 yuan / ton last weekend and 75750 yuan / ton this weekend, with an increase of 750 yuan / ton and a weekly increase of 1%.

 

The K-bar chart of commodity price uses the concept of K-line of price trend to reflect the weekly or monthly price changes in the form of bar chart. Investors can buy and sell investment according to the changes of K-bar chart. Red means: rising; Green means: falling; The height of K column indicates the range of rise and fall.

 

After the opening of the market after the festival, downstream manufacturers gradually resumed work. Although some downstream manufacturers in the northern region stopped production due to the impact of the Winter Olympic Games, they were affected by the shutdown of mainstream enterprises in Guangxi at the supply side. Driven by the tight supply expectation, the market trading was more enthusiastic, the market price was higher, and there were few replenishment transactions in the downstream. The overall trading of the market was still relatively cold. We still focus on demand, and the overall transaction is limited. Focus on the resumption of production of relevant enterprises in the future.

POLYVINYL ALCOHOL

On February 16, the domestic yellow phosphorus market price was stable

Trade name: yellow phosphorus

 

The latest price on February 16: 32375 yuan / ton

 

Key points of analysis: the domestic yellow phosphorus market price was stable on February 16. The overall market trading situation is acceptable, there are many downstream inquiries, mainly just need replenishment, and the transaction of new orders is limited.

 

It is expected that the price of yellow phosphorus will mainly run at a high level in the short term.

POLYVINYL ALCOHOL

On February 15, the antimony ingot Market was relatively strong

According to the price monitoring of business agency, the market price of 1# antimony ingots in East China was 75250 yuan / ton on February 15, unchanged from the previous trading day.

 

After the festival, the opening market has recovered one after another. With the recovery of logistics, there are some transactions in the market, and the recent production of large factories in Guangxi has been suspended, which affects the supply of antimony ingots in the recent market. The market is expected to be tight in the future, and the price of antimony ingots is expected to be strong.

POLYVINYL ALCOHOL

February 14 weak acetic acid Market

Trade name: acetic acid

 

Latest price (February 14): 5470 yuan / ton

 

Key points of analysis: today, the price of acetic acid fell weakly, and the average market price in East China decreased by 1.08% compared with the previous working day. The domestic market is weak, the downstream demand is general, the market transaction atmosphere is light, the start-up of acetic acid enterprises is high, the shipment situation is general, the enterprise inventory is accumulated, the supply of acetic acid market is sufficient, the goods holders passively reduce the competitive shipment, and the acetic acid market is mainly weak.

 

Future forecast: the short-term acetic acid market continues to operate weakly, with specific attention to the market supply.

POLYVINYL ALCOHOL

Nickel prices rose in shock this week (2.7-2.11)

1、 Trend analysis

 

POLYVINYL ALCOHOL

According to the nickel price monitoring of the business society, the nickel price rose sharply this week. As of February 11, the spot nickel price was 176283.33 yuan / ton, up 1.16% from 174266.67 yuan / ton at the beginning of the week and 28.49% year-on-year.

 

Nickel weekly rise and fall chart

 

According to the weekly rise and fall chart of the business society, in the past 12 weeks, the nickel price has risen by 7, fell by 5 and leveled by 1. The recent trend of nickel price is still dominated by strong shock.

 

Nickel industry chain

 

Supply and demand: affected by the rainy season, the Philippine supply is limited, LME inventory continues to decline, and the prospect of new energy demand is optimistic. At present, the fundamental changes are still limited, the global inventory continues to decline, the domestic Spring Festival holiday has just ended, most ferronickel plants have not fully resumed production, the overall output has increased slowly, and the short-term support for nickel price is strong. The overall nickel production capacity in Russia will continue to increase slowly, and there will be no shortage of nickel in the domestic electrolytic plate market.

 

To sum up: the supply is tight and the inventory is low. With the resumption of work after the festival, the demand increases. It is expected that the short-term shock of nickel is still strong.

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