Epoxy curing agent News SunSirs commodity price forecast (July 20 2023)

SunSirs commodity price forecast (July 20 2023)

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SunSirs commodity price forecast (July 20  2023)


The latest price of diesel oil (July 19): 7242 yuan / ton, the market outlook is bullish

Analysis points: The price trend of diesel oil is rising. On the one hand, due to the recent active replenishment of middlemen, the diesel market has increased orders, pushing up the market price of diesel oil. On the other hand, the price of refined oil in Singapore has risen, which has increased export profits. The volume has risen sharply, which is good for the domestic diesel market.

Forecast of the market outlook: Due to the high temperature and rainy weather, the actual demand for diesel has not improved significantly, and the support time for intermediary replenishment is limited.

The latest price of aniline (July 19): 9812.5 yuan/ton, the market outlook is stable

Analysis points: At present, the supply of aniline is sufficient. In the off-season downstream, downstream factories are not operating much, and the demand is weak. However, the market negotiation is better, and the shipment is balanced. The price of aniline is raised on that day, up 1.95% from the previous trading day.

Forecast of the market outlook: supply reduction, market sentiment is bullish. It is expected that the aniline market will be relatively stable in the short term.

The latest price of MTBE (July 19): 7312 yuan / ton after market adjustment

Analysis points: The MTBE market trended higher in a narrow range, and the price of the day rose by 2.27% compared with the previous trading day. After the manufacturer passed the profit sharing, the sales of goods have improved significantly. The prices in the external market all rose, and the better transaction of gasoline shipping bills brought positive support to the market. Superimposed with the closing rise of international crude oil, multiple positive factors contributed to the high volatility of the MTBE market.

Forecast of the market outlook: The short-term domestic market is mainly organized.

The latest price of cement (July 19): 333 yuan / ton, the market outlook is bearish

Analysis points: On July 19, the price of cement in East China fell, down 1.19% from the previous trading day. Affected by high temperature and rainy weather, the construction of some construction sites has slowed down, and the market demand has continued to be weak. The shipment volume of cement companies is only around 60-70%.

Forecast of the market outlook: In July, the traditional high-temperature off-season, the current cement inventory in East China remains high, and it is expected that the cement market will mainly decline in the short term.

The latest price of battery grade lithium carbonate (July 19): 305,600 yuan/ton, the market outlook is bearish

Analysis points: Recently, the lithium carbonate market continues to be under pressure, and the operating rate of lithium salt plants on the supply side has risen steadily. The demand side has low acceptance of high-priced lithium carbonate, so the willingness to purchase is light.

Forecast of the market outlook: At present, the game between supply and demand in the lithium carbonate market is maintained, and companies under inventory pressure have slightly reduced prices. It is expected that the price of lithium carbonate will be weak in the short term.

The latest price of corrugated base paper (July 19): 2690 yuan / ton, the market outlook is bearish

Analysis points: The price of corrugated base paper has been falling recently. Due to the continuous decline in the price of raw material waste paper, the cost support of corrugated paper is weak. The downstream demand is also in a sluggish state, which makes corrugated paper companies reduce prices and increase shipments to reduce inventory pressure.

Forecast of the market outlook: The current market is still not good, and the upstream terminal market is weak. It is expected that the price of corrugated paper will fluctuate at a low level in the short term.

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