SunSirs commodity price forecast (August 3 2023)

The latest price of isooctyl alcohol (August 2): 10233.33/ton, the market outlook is bullish

Analysis points: On August 2, the market price of iso-octanol in Shandong rose slightly, which was 250.00 yuan/ton higher than the price on August 1, an increase of 2.50%, and a year-on-year increase of 26.34%. The price of upstream propylene has risen slightly, and the cost support is better. The downstream DOP market has risen sharply, and downstream demand has increased. There are multiple benefits, and the product trend is going up under the contradiction between supply and demand.

Market forecast: The market price of isooctyl alcohol in Shandong may fluctuate slightly in the near future, and the average market price is around 10,500 yuan/ton.

The latest price of bromine (August 2): 20,800 yuan/ton, the market outlook is bullish

Analysis points: The bromine market is operating steadily, and the mainstream market in Shandong area is quoted at around 21,000-23,000 yuan/ton. Bromine enterprises are expected to weaken the supply of seawater bromine because of the rainy season in August. However, the start of downstream operations remains low, the rigid demand is average, the stocking is average, and the game between supply and demand has led to a tentative rise in the price of bromine.

Forecast of the market outlook: It is expected that the bromine market will remain strong in the later period.

The latest price of industrial grade lithium carbonate (August 2): 270,000 yuan / ton, the market outlook is expected to be flat

Analysis points: Recently, the lithium carbonate market has been continuously reduced due to the low price of lithium carbonate futures. At present, there are rumors of production reduction in the downstream, and the accumulation of upstream inventory and downstream procurement demand have not yet expanded on a large scale, and the overall pessimism in the market has increased.

Forecast of the future market: the downstream is in a state of continuous destocking in the early stage, and there may be replenishment in the future market, and the price of lithium carbonate may stabilize.

The latest price of DOTP (August 2): 10,960 yuan / ton in the market outlook

Analysis points: The price of isooctyl alcohol has risen, and the cost of plasticizers has risen; The downstream demand is average, and the continuous rise of plasticizers is insufficient.

Forecast of the future market: the supply is reduced and the demand is insufficient, and the price of plasticizer DOTP is expected to be consolidated at a high level in the future market.

The latest price of dimethyl carbonate (August 2): 4600 yuan / ton after market adjustment

Analysis points: On August 2, the overall domestic dimethyl carbonate market showed a downward trend. Compared with the previous working day, the price dropped by 66 yuan tons, a drop of 1.43%. The downstream demand for dimethyl carbonate is weak, and the demand performance is loose. Some factories have lowered the price of dimethyl carbonate by around 100-200 yuan/ton.

Forecast of the future market: At present, the trading atmosphere in the dimethyl carbonate market is quiet, and the new orders in the market are cautious. It is expected that in the short term, the domestic dimethyl carbonate market will mostly adjust and operate within a narrow range.

The latest price of chloroform (August 2): 2012 yuan / ton after market adjustment

Analysis points: Recently, the prices of some downstream refrigerant R22 companies shut down for maintenance at high prices, and the demand for chloroform is limited; in addition, some devices such as Dongying Huatai have slightly increased after restarting recently, and the pressure on the supply side of Jiuhong’s new device is expected to increase again , The inventory of enterprises increased slightly; the market transaction was light, and the price of chloroform fell, down 2.42% from the previous day.

Forecast of the market outlook: On the one hand, the supply and demand of chloroform is weak, and on the other hand, the price of raw material methanol is high, and the cost of chloroform is supported. It is comprehensively expected that the market of chloroform will still fluctuate in the short term.