Epoxy curing agent News SunSirs commodity price forecast (July 11 2023)

SunSirs commodity price forecast (July 11 2023)

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SunSirs commodity price forecast (July 11  2023)


The latest price of sulfur (July 10): 753.33 yuan/ton, the market outlook is bullish

Analysis points: The domestic sulfur market is running in order, and the price rises slightly, with an increase of 3.20% compared with the previous working day. Refinery stocks remained rational and shipments were active. Last week, orders for monoammonium phosphate increased, and prices rose. The downstream demand for sulfur purchases increased. Some refineries shipped goods smoothly, and the price of sulfur increased by 20-30 yuan/ton. On the supply side, the operation of refineries in Shandong is average, the supply of goods in the market is stable, the attitude of the industry is positive, the operating rate of the downstream may increase in the later stage, and the demand is expected to increase, which will have a positive impact on sulfur.

Forecast of the market outlook: It is expected that the sulfur market will run relatively strong in the market outlook, and pay more attention to the downstream follow-up situation.

The latest price of hydrogen peroxide (July 10): 960 yuan / ton, the market outlook is bullish

Analysis points: On July 10, the hydrogen peroxide market rose sharply, up 17.55% from the previous trading day, and over 22% from the beginning of the month. Mainly because the terminal demand for hydrogen peroxide has improved, market transactions have been active, and the volume of shipments has increased. Major manufacturers of hydrogen peroxide have raised their quotations one after another. The mainstream quotation has risen to 960 yuan/ton, an increase of about 100 yuan/ton.

Forecast of the market outlook: Supply is tightening, and terminal demand is supported. It is expected that the hydrogen peroxide market will still have room to rise in the market outlook.

The latest price of dichloromethane (July 10): 2490 yuan / ton, the market outlook is bullish

Analysis points: The market price of methylene chloride has risen slightly recently, up 3.97% from last Friday. The demand for downstream refrigerants in high temperature weather has risen slightly, and traders have concentrated on buying goods on the weekend after stocking up on Thursday. In addition, the overall start-up of methane chloride in Shandong has not been high recently, and the inventory pressure is not large, which has pushed the market for dichloromethane to rise slightly. As of On July 10, the price of dichloromethane bulk water out of the warehouse in Shandong was around 2440~2600 yuan/ton.

Forecast of the market outlook: The supply and demand of the methylene chloride industry chain is supported in the short term, and it is expected that the market for methylene chloride will remain strong in the short term.

The latest price of steel billet (billet) (July 10): 3510 yuan / ton, the market outlook is bearish

Analysis points: On July 10, the spot price of steel billet fell slightly. As of the end of noon, the price of steel billet in Sunsir was down 60 yuan, or 1.70%, compared with last Friday. The reason for the drop in steel billet prices this time is that the price of iron ore at the raw material end fell slightly last week, which drove the price of steel billets to weaken. In terms of supply and demand, some steel enterprises in Tangshan on the supply side are implementing maintenance plans. In addition, the profit of finished products is higher than that of billets, and the product structure tends to be steel, so the supply of billets has decreased; because the demand side has entered the off-season of the industry, demand has slowed down seasonally. The view on the market is bearish, so the procurement operation is still cautious, mostly based on replenishment operations, and the steel mills will continue to allocate varieties, which is negative for the demand for steel billets. In terms of the market, due to the influence of the futures market and the decline of iron ore, the market trading situation is average, the off-season effect of downstream steel products continues to ferment, and the steel industry is mostly worried about the short-term market, so the market is more wait-and-see.

Forecast of the market outlook: the support of the cost side weakens, and the superimposed steel billet supply and demand fundamentals turn into a weak supply and demand situation. , Weak operation.

The latest price of aluminum fluoride (July 10): 9700 yuan / ton, the market outlook is bearish

Analysis points: The prices of raw materials fluorite and hydrofluoric acid fluctuated and fell, and the cost of aluminum fluoride dropped, down 1.52% from the previous trading day. The start of aluminum fluoride is temporarily stable, the supply of aluminum fluoride is stable, the price of downstream cryolite is temporarily stable, the price of electrolytic aluminum fluctuates and falls, and downstream demand is weak.

Forecast of the future market: the cost of aluminum fluoride is expected to fluctuate and fall in the future market due to weak demand and falling costs.

The latest price of DMF (July 10): 4625 yuan / ton, the market outlook is bearish

Analysis points: The price trend of DMF fell, down 2.12% from the previous trading day. Downstream demand is insufficient, on-demand procurement is the main focus, and more wait-and-see attitudes are taken. The overall DMF market transaction atmosphere is deserted, DMF inventory is running at a high level, and the upstream is in a narrow overall stage. The cost support is general and the market shipments are slow.

Forecast of the market outlook: In the short term, the DMF market will mainly operate stably, with a weak trend within a narrow range.

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