The latest price of n-butanol (June 14): 6933 yuan/ton, the market outlook is bullish
Key points of analysis: Compared with the previous working day, the price on June 14 increased by 233 yuan/ton, a decrease of 3.48%. The n-butanol market in Shandong area is on the rise as a whole, and the downstream of n-butanol has started phased replenishment, the demand has recovered, and the support given to the market by the demand side has been strengthened. improve.
Market outlook forecast: At present, it is expected that in the short term, the domestic n-butanol market in Shandong will mostly run slightly stronger, and more attention should be paid to specific news changes on the supply and demand side for specific trends.
The latest price of sulfuric acid (June 14): 186.00 yuan / ton, the market outlook is bullish
Analysis points: On June 14, the domestic sulfuric acid market price rose slightly by 2.20%, down 82.71% year-on-year. From the perspective of upstream and downstream industry chains, the upstream sulfur market has risen slightly recently, and cost support has increased. The downstream hydrofluoric acid and titanium dioxide market prices are consolidating at a low level, downstream customers are generally not enthusiastic about purchasing sulfuric acid, and the product trend is rising due to the contradiction between supply and demand.
Market forecast: In the short term, the domestic sulfuric acid market price may fluctuate slightly, and the average market price will be around 190 yuan/ton.
The latest price of metal silicon (June 14): 13670 yuan / ton, the market outlook is bearish
Analysis points: According to the commodity market analysis system of SunSirs, the domestic price of 441# silicon metal is 13,500-13,800 yuan/ton, with an average price of 13,670 yuan/ton, down 1.58% from the previous trading day. The price of silicon metal continued to drop sharply today, mainly because major manufacturers in Northwest China lowered their quotations sharply. The downstream products of silicon metal continue to drop in price, the demand of terminal enterprises continues to be weak, the market transaction is difficult and the price is low. The overseas transaction volume of silicon metal in the export market is still relatively small, and it is difficult to see a significant increase in the short term. From the perspective of the supply side, the start of silicon metal production in Northwest China has declined. There are rumors in the market that the electricity bill in the Yili Valley in Xinjiang has risen, the cost of silicon factories has risen, and expectations for production cuts have increased. The start of silicon metal production in Southwest China has increased. With the advent of the wet season, the profit of silicon metal production has slightly recovered, and some silicon factories are expected to resume production. However, due to the impact of low prices, the operating rate is still at a low level.
Forecast of the market outlook: Overall, silicon metal is weak in all aspects, and it is expected that the short-term operation will still be weak.
The latest price of mixed xylene (June 14): 7210 yuan / ton, the market outlook is bearish
Key points of analysis: In terms of upstream crude oil, there are disagreements within OPEC+ on the necessity of further production cuts. In addition to Saudi Arabia’s announcement of an additional production cut of 1 million barrels per day in July, which is good for oil prices, Russia, Iran, Brazil and other countries have higher exports, weakening the The effect of OPEC's production cuts was confirmed; the peak season for overseas travel in June boosted gasoline demand, and the demand for crude oil increased steadily, and the oil price was relatively strong; the risk of economic recession in Europe and the United States was relatively high. The profit is bleak, and the quotation of mixed xylene in various regions in China dropped by 100-150 yuan/ton on June 14.
Market forecast: It is expected that the price of mixed xylene will continue to drop slightly in the short term.
The latest price of pure benzene (June 14): 6200.5 yuan/ton, the market outlook is bearish
Key points of analysis: The price on June 14 fell by 2.69% compared with the previous trading day. On June 13, the East China market fell. After the listing price of the main unit fell to the ground, the atmosphere for buyers to enter the market improved. The bearish atmosphere prevailed in the Shandong market, and traders mainly needed replenishment, and the transaction was poor. The mainstream transaction in East China is 6030-6080 yuan/ton, and the transaction in Shandong is 6120-6190 yuan/ton. Crude oil rebounded last night, and the transaction of pure benzene in the night trading rebounded to around 6130 yuan / ton.
Market forecast: It is expected that the pure benzene market will continue to be weak in the short term, and the price is expected to continue to drop in the next few days.
The latest price of palm oil (June 14): 7326 yuan / ton, the market outlook is bearish
Analysis points: palm oil market rose, or more than 2.4%. Mainly driven by the rise in oil and fat prices in the external market, the CIF price of Malaysian palm oil rose, coupled with the surge in the soybean oil market, supported by many positive factors, the overall palm oil market rose. As Malay palm oil is in the period of increasing production, the demand for oil consumption has weakened.
Forecast of the future market: When the palm oil market is expected to have insufficient upward momentum in the future market, it will mainly decline weakly.