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

SunSirs commodity price forecast (April 27 2023)

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SunSirs commodity price forecast (April 27  2023)


The latest price of lithium carbonate (4-26): 170,000 yuan / ton, the market outlook is bullish

Analysis points: At present, the price of lithium carbonate has rebounded from a low level, the market supply has decreased, the inventory is tight, the market spot is relatively small, the downstream demand has rebounded, and the reluctance to sell has become prominent.

Forecast of the market outlook: Affected by the small spot quantity in the market, it is expected that the price of industrial grade lithium carbonate may run relatively strong in the short term.

The latest price of white sugar (4-26): 6718 yuan / ton, the market outlook will fluctuate

Analysis points: domestic Guangxi has all been crushed, and the production reduction has been implemented. At present, sugar factories are reluctant to sell, which supports the price. The global sugar supply is insufficient. Seasonal production was lowered to 33.5 million tons from 36.5 million tons.

Forecast of the market outlook: With the start of crushing in Brazil in the second quarter, the global trade and supply-demand pattern may move from shortage to relative balance. It is expected that the spot market price of white sugar may fluctuate within a narrow range in the short term.

The latest price of ammonium sulfate (4-26): 870 yuan / ton, the market outlook will fluctuate

Analysis points: The domestic ammonium sulfate market stopped falling and rebounded slightly, and the market trading was good. The downstream compound fertilizer market has improved, and the procurement demand has increased. The international market for ammonium sulfate is still weak, with a small amount of orders mainly.

Market forecast: It is expected that the domestic ammonium sulfate market price will fluctuate within a narrow range in the short term.

The latest price of neodymium oxide (4-26): 465,000 yuan/ton, the market outlook is bearish

Analysis points: The light rare earth market has continued to decline recently, buyers have become more wait-and-see, downstream demand has not yet recovered, market information is still weak, and the light rare earth market continues to fall. The order situation in the domestic terminal market has not improved significantly. On the whole, the order volume has decreased. Large-scale manufacturers have obvious competitive advantages, and some small and medium-sized NdFeB enterprises have difficulty in operating. The order situation of downstream magnetic material enterprises has remained sluggish. Most of the magnetic material factories mainly consume existing stocks. Bearish, due to multiple factors, domestic rare earth market prices continue to decline.

Forecast of the future market: the purchase of rare earth downstream merchants is light recently, and the demand is unlikely to improve. In addition, the upstream supply is sufficient, the contradiction between supply and demand is sharp, and the transaction situation is not good. In addition, the second quarter gradually enters the off-season of the rare earth industry, and the light rare earth market will not change in the short term. .

The latest price of nitric acid (4-26): 2466 yuan / ton, the market outlook is bearish

Analysis points: At present, the pressure on the supply side of the concentrated nitric acid market remains unabated, the demand continues to be weak, and the cost is falling. Focus on market transactions. The downstream demand for aniline is acceptable, but the demand for pesticides, pickling and other industries is sluggish, and it is difficult to form support for prices. effect.

Forecast of the market outlook: The transaction atmosphere in the nitric acid market is light, and it is expected that the price of nitric acid may fluctuate and weaken.

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