I. Lithium hydroxide price trend:

The average price of industrial lithium hydroxide as of October 11 was 70666.67 yuan per ton, which was the same as that of October 10. The market was stable for the time being, down by 0.93% compared with September 11, according to the data from the business associations’list.  The mainstream price of domestic industrial lithium hydroxide Market was 68000-74000 yuan/ton on November 11.

II. Market analysis:

Product: The market of lithium hydroxide was stable on the 11th. At present, the quotation for industrial grade lithium hydroxide in Shanghai is 68,000 yuan/ton, for industrial grade lithium hydroxide in Shanghai Oujin is 70,000 yuan/ton, for industrial grade lithium hydroxide in Shanghai Chen lithium material and for industrial grade lithium hydroxide in Shanghai is 69,000 yuan/ton, and for industrial grade lithium hydroxide in Zigong Tongfarong is 74,000 yuan/ton.

Industry chain: The price decline of lithium carbonate in the upstream has slowed down gradually, and weak consolidation is dominant. In the downstream traditional lubrication industry, the market demand is relatively stable.

3. Future market forecast:

Lithium hydroxide analysts at business associations believe that the recent slowdown in upstream lithium carbonate has some support for lithium hydroxide. Lithium hydroxide supply is abundant, downstream demand is relatively stable, manufacturers actively shipped, the pressure of new orders can not be ignored. It is expected that the lithium hydroxide Market will be dominated by weak and stable operation in the short term.

On October 9, the rare earth index was 374 points, down 1 point from yesterday, down 62.60% from the cyclical peak of 1000 points (2011-12-06), and up 38.01% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).

The average price of neodymium, dysprosium and praseodymium in rare earth metals is 4.055 million yuan/ton, 2.325 million yuan/ton and 6.95 million yuan/ton respectively. The average price of praseodymium and neodymium oxide in rare earth oxides is 317,500 yuan per ton; the price of dysprosium oxide has dropped 20,000 yuan per ton to 1.815 million yuan per ton; the average price of praseodymium oxide is 382,500 yuan per ton; and the average price of neodymium oxide is 315,000 yuan per ton. The price of praseodymium and neodymium alloys in rare earth alloys is 4.055 million yuan per ton, while the average price of dysprosium-iron alloys is down 20,000 yuan per ton to 1.815 million yuan per ton.

Recently, some prices in rare earth market have declined. The domestic rare earth market has a general trading market. The prices of dysprosium and terbium metals and oxides have declined. Heavy rare earth prices have continued to fall for two consecutive days. In recent years, the inquiries for Pr, Nd and Nd oxides have declined, the price of light rare earth oxides has slightly declined, and the recent market light rare earth merchants are poor, the recent market turnover is general.  The supply of rare earth is normal in China. The price fluctuation of rare earth market is related to the national environmental protection supervision. Rare earth production has its particularity, especially the radiation hazards of some products, which make the environmental protection supervision stricter. Metal enterprises and downstream magnetic materials enterprises are weak in buying after the holiday because of the surplus of pre-holiday purchasing, and the decrease of rare earth price compared with the earlier period. They have strong wait-and-see sentiment. Under the strict environmental protection inspection, rare earth separating enterprises in many provinces have stopped production, resulting in a general market of rare earth oxides, especially some mainstream rare earth oxides, which are supplied normally, and the price trend of rare earth market is small. Recently, there has been a strong wait-and-see sentiment among large enterprise groups on the market. The rare earth market is in a general market and the turnover is at a low level.

Recently, the State Environmental Protection Department has been making strict investigations. Strengthening the supervision of the rare earth industry in Jiangxi Province has a great impact on the rare earth industry. The start-up of the rare earth industry is relatively low and the market is cold, which has brought some favorable support to the rare earth market. Recently, the State Council inspection team went to Jiangxi rare earth enterprises to inspect. This inspection closely centered on the major deployment of the Party Central Committee and the State Council, highlighted the key and difficult issues in the field of economic operation and reform and development, and focused on the strong blockades and pain points reflected by the people and the market subjects, so as to promote the implementation of various tasks from point to point. In addition, the Development and Reform Commission and the relevant departments should take effective measures to improve the management mechanism, strengthen the industrial restructuring and standardization, speed up the construction of a rational industrial structure, advanced scientific and technological level, effective protection of resources, orderly production and operation of the industry development pattern, effectively play the special value of rare earth as a strategic resource, and shrink the supply of raw mineral resources in the upstream of the rare earth industry. Domestic stakeholders are waiting for good news from the policy and the reserve.

Rare earth analysts of business associations expect that the domestic environmental protection inspection will not decrease in the near future. In addition, the domestic order of the rare earth industry will be rectified, and the supply of the rare earth industry in Jiangxi will be kept at a low level. However, the demand of the lower reaches of rare earth has not improved in the near future. It is expected that some prices of the rare earth market will remain at a low level.

Price Trend

According to the sample data monitored by business associations, the average price of domestic BDO market was 9520 yuan/ton as of October 9, rising by 2.59% annually and falling by 11.03% year on year.

II. Market Analysis

Products: Domestic BDO market is tidied up and running, some factories start abnormally, supply is tight, traders offer temporarily stable and temporarily negotiate shipment, downstream demand is still acceptable, the future market needs to pay attention to the plant information of manufacturers, BDO market is expected to reorganize operation.

On the market side, the BDO market in East China is on the lookout for consolidation, the reference quotation for bulk water supply is 8700-9100 yuan/ton, the barreled part of the market is 9600-10000 yuan/ton, the supply of goods on the spot is tight, the quotation of traders is temporarily stable, the downstream demand is much longer, and the future market pays close attention to the dynamics of manufacturers’equipment. The BDO market in South China is deadlocked. Bulk water quotation refers to 8700-9100 yuan/ton. Some barrel orders are 9600-10000 yuan/ton. Some manufacturers have delayed restarting. On-site supply is tight. Downstream demand maintains long or small orders to follow up. Traders’quotations are temporarily stable. The future market needs to pay attention to factory information.

Industry chain: As for raw materials, methanol: the main methanol producing area in Northwest China has little inventory pressure, the overall supply is tight, and some plants have parking plans. The mindset of the operators is positive, and the price of guidance continues to rise substantially at the beginning of the week. Local traders are motivated by market conditions, but there are still a few areas that are mainly on the first day after the festival, with high prices. On the port side, the situation of replenishment after the festival is different, the local demand is stable and good, and the daily volume is still acceptable. After National Day holidays, short-term downstream replenishment operations or play a certain role in promoting the market. Traditional downstream demand savings are expected to recover, and the supply and demand pattern in the Mainland may continue to improve.

Calcium carbide: Calcium carbide market is stable with partial decline. The downstream demand side is shrinking gradually, and the inventory pressure of some enterprises is increasing. Market trading atmosphere is general, downstream enterprises overhaul, procurement enthusiasm has decreased. It is expected that the price of domestic calcium carbide market will continue to decline steadily in the short term.

3. Future Market Forecast

The factory has a stable start-up, general inventory pressure and a price-fixing mentality. However, weak downstream demand is still the most important factor restricting the rise of BDO prices. Businessmen are calm and waiting for more information to guide them. Business agency BDO analysts expect short-term consolidation of the domestic BDO market, focusing on the downstream stock situation.

Price Trend

According to the data of business associations, the market price trend of cryolite decreased slightly this week. At the beginning of the week, the market average price stabilized at about 6333.33 yuan/ton. At the end of the week, the market average price stabilized at about 6316.67 yuan/ton. Within the week, the decline was 0.26%, which was 1.81% lower than the same period last year. The Cryolite Commodity Index on September 29 was 76.72, unchanged from yesterday, down 24.20% from the cyclical peak of 101.21 points (2011-10-31), and up 15.63% from the lowest point of 66.35 on September 05, 2016. (Note: Period refers to 2011-09-01 to date)

II. Market Analysis

Product: This week, the price trend of cryolite has been slightly lowered, and there is no obvious price adjustment by manufacturers. Up to 27 days, Zibo Kunyu Industry and Trade Cryolite quoted 6500 yuan/ton; Changshu Hongjiafu Co., Ltd. Cryolite quoted 7200 yuan/ton; Jiaozuo Civilian Benefit Industrial Cryolite quoted 6950 yuan/ton, down 50 yuan/ton; Zhengzhou Tianrui Cryolite quoted 6500 yuan/ton; Shandong Botao Group Co., Ltd. Cryolite price 7000 yuan/ton, smooth shipment, business is still possible.

Industry chain: This week, the price trend of fluorite in the upstream of cryolite continued to decline. At the beginning of the week, the average price of domestic market was about 2877.78 yuan/ton. At the weekend, the average price of domestic market was about 2866.67 yuan/ton, a decline of 0.39%, an increase of 7.0% over the previous year. The price trend of fluorite in the upstream continued to decline, mainly because of the imbalance between domestic supply and demand. In recent years, the demand for fluorite in the downstream hydrofluoric acid and refrigerant industries has declined. At the end of the peak season of the refrigerant industry, the market of fluorite on-site is poor. In addition, the start-up rate of fluorite devices on-site remains high. However, the downstream demand situation is general, the spot supply of fluorite on-site is adequate, and the price of fluorite on-site has declined. Sliding trend. For downstream electrolytic aluminium, this week’s aluminium price trend continued to decline, the price at the beginning of the week remained around 14326.67 yuan/ton, the weekend was about 14046.67 yuan/ton, the price fell by 1.95% in the week.

According to the price monitoring of business associations, in the 38 th week (9.23-9.27) of 2019, there were 19 kinds of commodities rising annually in the chemical sector, of which more than 5% of the commodities increased, accounting for 1.2% of the monitored commodities in the sector; the first three commodities were nitric acid (27.59%), ammonium nitrate (4.96%) and DMF (4.93%). There are 23 kinds of commodities with a decline of more than 5%, accounting for 3.6% of the monitored commodities in this sector. The products with the first three declines are trichloromethane (-13.64%), dichloromethane (-8.20%) and R22 (-5.49%). This week’s average rise and fall was 0.19%.

3. Future Market Forecast

Analysts of cryolite products from business associations believe that the current multi-dimensional and stable quotations from cryolite manufacturers are the main ones. The equipment is running normally, the stock is sufficient, and the shipment is acceptable. The market of cryolite is expected to operate steadily in the later period, with specific attention to market demand.

According to statistics, domestic hydrofluoric acid prices continued to decline in September, ending at 10,050 yuan/ton, down 6.34% from 10,730 yuan/ton at the beginning of the month and 16.34% from the same period last year.

Products: In September, the overall trend of hydrofluoric acid prices continued to decline, the market situation of manufacturers in the field remained unchanged, the starting rate of downstream refrigerant industry remained at a low level, the domestic market demand for hydrofluoric acid was limited, the domestic hydrofluoric acid plant maintained a high starting rate, the domestic spot supply was sufficient, and some manufacturers continued to reduce their ex-factory prices. By the end of the month, hydrofluoric acid manufacturers in the southern region were still at a low level. The mainstream is 9000-10000 yuan / ton, and the price of hydrofluoric acid in the northern market is 9500-10000 yuan / ton. Recent domestic hydrofluoric acid market prices continue to decline. Recent downstream refrigerant industry demand is poor. Hydrofluoric acid manufacturers’supply of goods is not good, and the market price trend is declining. By the end of the week, the mainstream of HF in the domestic area is about 9000-9500 yuan / ton, the price of hydrofluoric acid is 9500-10000 yuan / ton, and the price of hydrofluoric acid is 9500-10000 yuan / ton in the region. In the area of hydrofluoric acid, the market price of hydrofluoric acid is down by 9000-10000 yuan / ton.

Industry chain: In September, the price of fluorite in the upstream of hydrofluoric acid declined. At the end of the month, the price of fluorite was 2866.67 yuan/ton. Recently, the fluorite plant started to work normally. On the whole, the fluorite supply was sufficient. However, the fluorite market was greatly affected by environmental protection. The fluorite supply in the field was normal. The price of fluorite in some factories fell back, and the price of fluorite market declined slightly.  Recent downstream refrigerant market trading market is poor, domestic refrigerant R22 market shocks down, from the market supply point of view, refrigerant R22 market continues to be weak, manufacturers reduce the start-up load, market supply capacity has decreased, inventory pressure has been cushioned. On the demand side, downstream air-conditioning manufacturers’overhaul showed no increase in demand, and the price of domestic large enterprises fell to 1250-14000 yuan/ton. The domestic market price of R134a has declined, the start-up rate of production enterprises has remained low, the market demand for refrigerants has decreased, and manufacturers mainly export their products. However, on-site transaction prices continue to decline, merchants purchase on demand, the end of the peak season, downstream terminal demand only declined, hydrofluoric acid market prices declined. However, on-site transaction prices are lower, merchants purchase on demand. Recently, due to the normal supply of goods and poor downstream demand, the market price of hydrofluoric acid is declining.

Industry: In September, the upstream fluorite and hydrofluoric acid industry started to operate normally, the hydrofluoric acid field product spot supply was sufficient, and the market price of hydrofluoric acid declined.

Recently, the hydrofluoric acid plant started to operate normally, the supply of goods in the field is normal, the price of raw material fluorite market is low, which has a negative impact on the hydrofluoric acid market. In addition, the demand of refrigeration industry downstream is low, and the demand for hydrofluoric acid only declines but does not increase. Chen Ling, an analyst of hydrofluoric acid business, believes that the market price of hydrofluoric acid will remain low in October and the price of hydrofluoric acid will be about 9,700 yuan/ton.