Epoxy curing agent News SunSirs commodity price forecast (August 15 2023)

SunSirs commodity price forecast (August 15 2023)

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SunSirs commodity price forecast (August 15  2023)


The latest price of sulfuric acid (August 14): 210.00 yuan / ton, the market outlook is bullish

Analysis points: On August 14, the domestic sulfuric acid market price rose sharply, which was 32 yuan/ton higher than the price on August 11, an increase of 17.98%, and a year-on-year decrease of 53.98%. The upstream sulfur market has continued to rise recently, and the cost support has increased. The downstream ammonium sulfate market rose slightly, and downstream customers were more active in purchasing sulfuric acid. With multiple benefits, the product trend is going up.

Forecast of the future market: the future market is expected to see that the domestic sulfuric acid market price may fluctuate slightly in the near future, and the average market price will be around 230 yuan/ton.

The latest price of cyclohexane (August 14): 7066.67 yuan/ton, the market outlook is bullish

Analysis points: The overall trend of cyclohexane is positive, the downstream demand is acceptable, and the cost side has certain support. At present, the overall market transaction atmosphere is positive, and downstream manufacturers mainly need to purchase. Mainly, the industry mostly takes a wait-and-see attitude and is cautious in stocking.

Forecast of the market outlook: In the short term, the cyclohexane market will be stable and relatively strong.

The latest price of sulfur (August 14): 1013.33 yuan / ton after market adjustment

Analysis points: The domestic sulfur market is running strongly, and the price has risen sharply. Compared with the previous working day, the price on August 14 increased by 4.11%. The refinery equipment in the field is running normally, the supply of goods is tight, the demand for downstream phosphate fertilizers is increasing, and the price continues to rise. The sentiment of the sulfur market is optimistic. -50 yuan/ton. In terms of supply and demand performance, the downstream price is bullish, and the support for sulfur is good, and there is no pressure on the supply in the market.

Forecast of the market outlook: It is expected that the short-term sulfur market will be relatively strong and run.

The latest price of zinc (August 14): 20410 yuan / ton in the market outlook

Analysis points: The U.S. PPI data rebounded more than expected, the U.S. dollar index rose sharply, the non-ferrous metal market weakened, and the London zinc market fell; the real estate market "recognized houses but not loans". Seeing a significant improvement, the expectation of warming demand in the zinc market has weakened, and spot trading is weak.

Forecast of the future market: the macro economy is not as expected, the demand in the zinc market is not expected to be good, and the zinc price in the future market is expected to consolidate weakly.

The latest price of lithium iron phosphate (August 14): 89,000 yuan/ton, the market outlook is bearish

Analysis points: The trend of lithium iron phosphate went down, and the price on August 14 fell by 1.66% compared with the previous trading day. The cost support of upstream raw materials is weak, the market demand is not good, the downstream purchases are mainly on-demand, the willingness to stock up is not strong, the overall purchasing atmosphere is deserted, the current inventory level is high, the operating rate is stable, and the mainstream price range is around 89,000 yuan/ton.

Forecast of the future market: the upstream lithium carbonate "falls and falls", the downstream demand is weak, and the lithium iron phosphate market will operate in a narrow range in the short term.

The latest price of hydrochloric acid (August 14): 166.00 yuan / ton, the market outlook is bearish

Analysis points: On August 14, the domestic hydrochloric acid market price fell slightly, 8 yuan/ton lower than the price on August 11, a drop of 4.60%, and a year-on-year drop of 4.23%. The upstream liquid chlorine market has been consolidating at a high level recently, and the support on the cost side is average. The downstream polyaluminum chloride market has been consolidating at a low level recently, and the downstream purchase willingness is weak, and some hydrochloric acid manufacturers have slightly lowered prices.

Market forecast: The domestic hydrochloric acid market price may fluctuate slightly in the future market, and the average market price will be around 160 yuan/ton.

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