Epoxy curing agent News SunSirs commodity price forecast (July 27 2023)

SunSirs commodity price forecast (July 27 2023)

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SunSirs commodity price forecast (July 27  2023)


The latest price of phenol (July 26): 7687.5 yuan / ton, the market outlook is bullish

Analysis points: On the 26th, the domestic phenol market continued to rise, and the price of phenol in East China was 7650-7700 yuan/ton for reference. Due to the limited supply of goods in transit and the small amount of port inventory, the tight situation of goods in the market has not been alleviated. The price increase of pure benzene, the raw material, was driven by the upward trend. The quotations of phenol factories were raised to support it. The quotations of traders were high.

Market forecast: It is expected that the domestic phenol market price will rise tomorrow, and the reference price of phenol market in East China will be 7,700-7,750 yuan/ton.

The latest price of live pigs (July 26): 14.72 yuan/kg, the market outlook is bullish

Analysis points: With the start of the second batch of frozen meat purchase and storage work, the recent domestic pig price bottomed out and continued to rise. On the 26th, the domestic pig price rose to 14.72 yuan/kg, an increase of 6.90% from the beginning of the month.

Forecast of the market outlook: Under the support of frozen meat storage policies and farmers’ reluctance to sell at high prices, there is still room for domestic pig prices to rise in the short term. Due to the overall stability of domestic pig stocks and the sluggish demand for terminal meat, pig prices rebounded Overall space is limited.

The latest price of seamless pipe (July 26): 4715 yuan / ton, the market outlook is bullish

Analysis points: On the 26th, the upstream pipe billet rose slightly. Among them, the ex-factory price of steel cast pipe billet was increased by 20 yuan/ton, and the ex-factory price of Dongfang pipe billet was increased by 20 yuan/ton. Other mainstream steel mills also raised expectations. In the past two days, the Politburo has issued favorable policies. Although the steel plant control policy has been introduced, the output of blast furnaces and molten iron has not declined much. Superimposed double coke and iron ore have driven up black futures, and the price of pipe billets has remained relatively firm. In terms of pipe factories, the ex-factory prices of pipe factories rose slightly by 30-50 yuan/ton, but downstream terminals did not accept high-priced resources from pipe factories, and the transactions were average.

Forecast of the market outlook: The price of seamless pipes is mainly stable and strong in the near future.

The latest price of sulfur (July 26): 853.33 yuan / ton in the market outlook

Analysis points: The domestic sulfur market is running in order, and the price is slightly lowered. The refinery equipment is operating normally, the supply of goods is stable, the manufacturers are active in shipments, the downstream follow-up is weak, and the purchases in the market are followed up on demand. Promote transaction sulfur price down. In the long run, there will be insufficient new orders in the terminal industry and limited downstream support.

Forecast of the market outlook: The market outlook of sulfur will be consolidated and run, and specific attention will be paid to the downstream follow-up situation.

The latest price of lithium hydroxide (July 26): 322500.00 yuan/ton, the market outlook is bearish

Analysis points: Recently, the domestic industrial grade lithium hydroxide market has been running weakly, down 1.53% compared with the price of the previous trading day, and down 3.01% compared with the price on July 1. At present, the support from the upstream lithium carbonate market is insufficient. Most of the shipments of enterprises are based on long-term cooperative orders.

Market outlook forecast: It is expected that in the short term, the domestic lithium hydroxide market may be weak, and more attention should be paid to market news and guidance.

The latest price of petroleum coke (July 26): 1984.00 yuan/ton after the market outlook

Key points of analysis: On the 26th, the shipment of petroleum coke from Shandong refinery was stable, and the refineries mainly executed the previous orders, the price remained stable as a whole, and some enterprises lowered it by 50 yuan/ton. Near the end of the month, downstream funds are tight, and the price of refined petroleum coke in the previous period continued to rise, and the price was high. The downstream received goods cautiously and mainly purchased on demand.

Forecast of the market outlook: The recent refinery of petroleum coke may be mainly weak.

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