1、 Trend analysis

According to the nickel price monitoring of business society, on the 9th, the spot nickel price rose slightly, with a quotation of 146550 yuan / ton, a slight increase of 1.66% over the previous trading day, 14.37% over the beginning of the year and 21.45% year-on-year.

The weakness of the US dollar boosted nonferrous metals, and Lun nickel closed up 0.85% overnight. Sumitomo Metal’s nickel production decreased month on month in the third quarter, the global nickel supply was still tight, and the superimposed nickel inventory continued to be deposed. In November, the main mining area of Suli high nickel mine in the Philippines gradually entered the rainy season. Since the end of October, loading has been suspended or new shipping schedules have been suspended. With the advent of the rainy season, nickel ore shipments will decline seasonally again. In November, the crude steel output of domestic stainless steel plants is expected to be 2.5812 million tons, with an increase of 14.39% month on month. Nickel is expected to remain high and volatile in the short term.

On November 8, the price of orthobenzene was temporarily stable

According to the data monitoring of business society, the price of o-xylene of Sinopec was temporarily stable on November 8. On November 8, the average quotation price of o-xylene was 7200 yuan / ton, which was stable compared with the listing executive price of Sinopec on November 1, and the market of o-xylene was temporarily stable.

Overview of upstream and downstream market

According to the monitoring data of business society, the price of mixed xylene fluctuated and fell this week, the cost of o-xylene decreased, the rising power of o-xylene weakened, and the downward pressure increased.

According to the monitoring data of the business society, the high level of the downstream phthalic anhydride market fell, the demand for o-xylene fell, the o-xylene market weakened, the rising power of o-xylene weakened, and the downward pressure increased.

Market Overview

According to the monitoring of business agency, on November 8, the price of o-xylene raw material mixed xylene decreased, the cost of o-xylene decreased, in terms of demand, the high price of phthalic anhydride fell, and the demand for o-xylene weakened. The overall cost of orthobenzene decreased, the demand declined, the support for the rise of orthobenzene weakened, and the downward pressure increased. It is expected that the future price of orthobenzene will be weak and stable temporarily.

Trade name: titanium dioxide

Latest price November 4: 20950 yuan / ton

Key points of analysis: on November 4, the market price of titanium dioxide in China was relatively stable. At present, titanium dioxide enterprises are limited, there are many parking, and the market operation is low. Downstream demand has also decreased. The trading market has a strong wait-and-see mentality. Traders are more cautious in taking goods and mainly purchase on demand.

It is expected that the titanium dioxide market will operate stably in the short term.

1、 Price trend

Latest price (November 3): 9750 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on November 3, the main PVC contract 2201 opened at 8673, the highest price was 8958, and closed at 8901. The futures price continued to decline and rebounded slightly, driving the spot market price to continue to decline to less than 10000 yuan. At present, the enterprise’s quotation is mostly in the range of 9400-10000 yuan / ton, the center of gravity moves downward, and the raw calcium carbide is now falling to 5500 yuan / ton, With the weakening of cost support and insufficient downstream gas buying, PVC enterprises have great sales pressure, and the trading atmosphere is still poor.

Forecast: the PVC market is expected to continue the downward trend in the short term.

Trade name: sulfur

Latest price (November 2): 2123.33 yuan / ton

Key points of analysis: according to the price monitoring of business society, the price trend of sulfur in East China is stable today. The domestic sulfur market is temporarily stable. Today, Sinopec routinely adjusted the price. Refineries in various regions quoted stable prices according to their own shipment. The inventory of refineries in domestic regions remained low and the shipment was smooth. Downstream traders purchased on demand, and the sulfur market operated strongly.

Future forecast: at present, the domestic sulfur market is dominated by stable operation, the refinery has low inventory and smooth shipment, the port has tight supply and the carrier has no intention to ship at a low price, so it gives market support. It is expected that the future sulfur market will be stable for the time being and pay attention to the downstream follow-up.