Ammonium chloride prices are temporarily stable this week (4.2-4.8)

Product: Domestic agricultural ammonium chloride price stability this week: The main quoted price of agricultural ammonium dry ammonium ranges from 600-660 yuan/ton, and the mainstream quoted price of wet ammonium is 500-580 yuan/ton.

PVA

Industrial chain: The liquid ammonia in the upstream fell sharply this week and fell in a serious state. Due to the environmental protection and liquid crystal ammonia prices falling in the upper reaches of the market, liquid ammonia prices have now fallen. For the rising upstream raw materials, the later period of ammonium chloride may cause insufficient operating rates. Urea and ammonium chloride are both nitrogen fertilizers. Before the second, they were substitutable. Affected by the sluggish sales of compound fertilizers this spring, the urea and ammonium chloride prices of the nitrogen fertilizer series all declined.

Forecast: Although it is now in the season of traditional fertilizer use, due to the overall trend of compound fertilizer, the price of ammonium chloride may stabilize or be adjusted later.

POLYVINYL ALCOHOL

2017 the finale of titanium dioxide continues to be positive, 2018 will enter the boom period

2017 national economic stability in the sustainable development of a good situation, the Chinese Academy of Social Sciences Financial Strategy Institute predicts that in 2018 China’s growth 6.7%,cpi 2.0%,ppi growth of 5.2%. The structural reform of the supply side of the titanium dioxide industry has achieved a certain effect, the high-end demand situation is good, the enterprise production and management situation obviously improved.

 

The scientific and technological innovation achievements of China’s titanium industry are remarkable, and the transition and upgrade steps are accelerated and the integration of the two is deepened gradually. With independent intellectual property rights of waste acid water treatment equipment, series of energy-saving and emission reduction devices, the application of near-infrared reflective titanium dioxide products, such as industrial technology to achieve the international leading level, high-performance self-developed lithium titanate battery dedicated titanium dioxide products have come out, visible light catalysis nano-titanium dioxide, The new energy materials and environmental protection processing materials research and development has achieved the stage achievement, has provided the important support for our country titanium industry toward the high-end.

 

Since 2015, the industry has basically completed the elimination of backward capacity tasks, from 2013 production capacity of 5 million tons/year reduced to 2016 statistical effective capacity of less than 3.5 million tons. Titanium dioxide production energy consumption has reached national standards or international advanced level, each ton of production of titanium dioxide to save water from 60 tons to 30 tons, solid waste emissions continue to decline in the June 27, 2017, “the first Chinese titanium dioxide industry energy-saving Green Manufacturing forum” on, Experts and participants aimed at the trend of wastewater treatment in titanium dioxide industry; The comprehensive utilization technology and treatment way of red gypsum of sulfuric acid method; The introduction of new equipment manufacturing technology and the discussion on the production technology and equipment upgrade of sulphuric acid method make the production of titanium dioxide in China become a green manufacturing industry, and the green development has

 

China is the world’s largest production of titanium dioxide is also an export power, the 2016 China’s titanium dioxide production 2.6 million tons, export 720,000 tons, are a record high, in the world’s important position to further upgrade.

 

2017 coincides with the 60 anniversary of China’s titanium dioxide industry, the large-scale documentary “China Titanium Wonderful” has recorded the history of the development of China’s titanium dioxide industry, which indicates that “titanium dioxide” does not equal to the material attribute of “titanium dioxide”, and will play a key role in annotation and utilization of titanium dioxide material function. “China titanium Wonderful” The status of the development of China’s titanium dioxide industry is true record, put forward the “timely remove double high time” is to China’s sulfuric acid production of titanium dioxide technology equipment, product progress affirmation.
POLYVINYL ALCOHOL
In recent years, China’s production of titanium dioxide in the “homogenization” of the pain in the struggle, 2015 the whole industry in the low price vicious competition, hit the bottom. Bitter experience, the enterprise gradually realized that the homogenization of Low-cost competition products will be eliminated, have to improve product quality, clean production responsibility, the initiative to plan transformation and upgrading, accelerate the cultivation of new kinetic energy, consolidate and develop both advantages, hundred feet head further.

 

2018 China’s titanium dioxide industry “new normal” features will be more obvious, consumer platform period even “inflection point” is coming, that is, “obsolete products”, the outstanding products will be the consumer platform “inflection point.” We should further strengthen our confidence in adapting to the new normal and leading the new normal. Firmly establish and implement the “innovation, coordination, green, open, sharing” development concept, and strive to “optimize the stock, guide incremental, active reduction, to resolve the structural excess capacity” of the overall requirements, the intention to seize the “all the way”, the Chinese manufacturing and other development opportunities.

 

2018 and “Double high” “Same quality” way goodbye, the whole industry off “double high” hat, improve their own product quality and excellence, the industry is the sustainable development of the voice and the goal of corporate profitability.

 

2018 the market will continue to be good, small series with the Chinese Academy of Social Sciences, the Institute of Finance and Strategic forecast as the benchmark, to remove the “double high”, to get rid of “homogeneous” as the basis for predicting: China’s titanium dioxide industry will enter a prosperous period.

Aluminum: downside risks still exist

In the short-term good news, aluminum ingot stocks high fundamentals, the Shanghai aluminum continued callback. With the new production in January and the resumption of production news one after another, superimposed seasonal off-season consumption, aluminum stocks may continue to accumulate, aluminum prices will decline further.

Some of the production capacity has been put into operation conditions

According to the current price of alumina 2900 yuan / ton, the weighted average cost of electrolytic aluminum industry in 14000-15000 yuan / ton. According to Aladdin’s research, with the continuous replacement of indicators, 2.79 million tons of construction-in-production capacity will be put into operation in 2017, and it is estimated that in the first quarter of 2018, China will start production of 1.402 million tons of electrolytic aluminum. The new production capacity will mainly focus on Inner Mongolia and Guangxi. As the index replacement has been completed, and the market does not appear new to capacity-building policies, electrolytic aluminum cost has become the key factor restricting the enthusiasm of enterprises.

Electrolytic aluminum costs or continue to decline

Specific analysis, since January, the cost of alumina has fallen below 3,000 yuan / ton mark, the shortage of natural gas in Shanxi alleviate the shortage of natural gas in the region due to the resumption of production of alumina enterprises, alumina supply will continue to increase, Taking into account the price continued to fall or trigger upstream support plate, alumina is expected to hover around 2,900 yuan / ton.

At present, the anode carbon block oscillates at a high level, but the demand is shrinking and the market turnover is subdued. It is understood that Weiqiao prebaked anode purchase price in January is still negotiable, Weiqiao proposed a drop of 150 yuan / ton, carbon enterprises have not yet accepted. Therefore, in general, the cost of electrolytic aluminum may not be a limiting factor in the capacity of electrolytic aluminum.

Domestic aluminum ingot inventories are still at record highs

January 4, according to statistics, China’s 12 areas of aluminum ingot inventories increased 25,800 to 1,697,600 tons, the increase in inventories is mainly reflected in the Wuxi area. According to statistics, the inventories of seven domestic aluminum ingots totaled 1.774 million tons, an increase of 12,000 tons from last Thursday. Domestic aluminum ingot social stock was 1.757 million tons, an increase of 10 thousand tons. With the first quarter of new production capacity and production gradually put into operation as well as the northern rain and snow led to the arrival of blocked aluminum ingot, aluminum ingot inventories continued to record highs in the first quarter is difficult to alleviate the pressure on the stock.

POLYVINYL ALCOHOL

Short-term domestic market as a whole gloom than the trading atmosphere, and LME base metals boosted by the weak dollar strengthened overall. Operationally, it is proposed to wait for the news of the dollar to be gradually digested, and find the opportunity to be short when the market returns to the fundamentals. It is recommended to focus on Shanghai aluminum 15000-15300 yuan / tonne pressure bit. Risks point is the policy to cut production, electrolytic aluminum losses led to increased concentration led to reduced aluminum production, cross-market capital flows into the market substantially.

January-November chemical industry added value increased by 3.7%

National Development and Reform Commission recently released data show that in November, the chemical industry added value increased by 2.8%, the growth rate down 2.8 percentage points year on year. Among the major chemical products, the output of ethylene increased by 6.7% over the same period of last year; the output of primary form of plastic, synthetic rubber and synthetic fiber increased by 2%, 16.2% and 4.5% respectively; the output of caustic soda dropped 0.8% and that of soda ash increased 7% %, Of which nitrogen fertilizer increased 3.4%, phosphate fertilizer and potassium fertilizer decreased 4.6% and 1.4% respectively; pesticide production decreased 5.2%; rubber tire casing increased 3.5%; calcium carbide output decreased 5.6%.

From January to November, the added value of the chemical industry increased by 3.7% from the same period of last year, with the growth rate down 4.4 ppt YoY. Among the main products, ethylene production was 16.58 million tons, an increase of 1.9%. The primary form of plastic output 78.18 million tons, an increase of 4.9%; synthetic rubber production 536 tons, an increase of 3.8%; synthetic fiber output of 41.33 million tons, an increase of 2.9%. The output of caustic soda was 30.91 million tons, an increase of 2.5%. The output of soda ash was 24.45 million tons, an increase of 5.2%. Fertilizer output was 57.51 million tons, down 4%. Among them, nitrogen fertilizer production dropped 7.3%, while phosphate and potassium fertilizers increased 0.8% and 3.7% respectively. Pesticide production dropped 5.3%. Rubber tire production 86,956,600 tires, an increase of 6.3%. Calcium carbide output 22.7 million tons, down 0.4%.

Among the key chemical products monitored, the prices of some products went up from the previous month. In November, the average price of caustic soda (caustic soda) was 4550 yuan / ton, down 0.2% over the previous month and up 35.8% over the same period of last year; soda ash was 2540 yuan / ton, up 8.1% from the previous month and up 42.7% over the same period of last year. Urea 1750 yuan / ton, down 1.7% from the previous month, up 25%; domestic DAP 2700 yuan / ton, up 8% from the previous month, up 1.5%. Calcium carbide 3070 yuan / ton, down 4.1% from the previous month, up 17.6%.

POLYVINYL ALCOHOL