1、 Price trend

According to the monitoring data of the business agency, the average ex factory price of ammonium sulfate in China was 585 yuan / ton on May 25, 581 yuan / ton on May 29, and the price fell 0.57% this week. On May 29, the ammonium sulfate commodity index was 48.68, unchanged from yesterday, 54.20% lower than the highest point 106.28 (2012-05-24), and 32.82% higher than the lowest point 36.65 on June 23, 2014. (Note: cycle refers to 2011-09-01 to now)

2、 Market analysis

Product: the domestic ammonium sulfate Market is stable this week. About 490-650 yuan / ton for mainstream ammonium sulfate in Central China, 500-560 yuan / ton for mainstream ammonium sulfate in Henan, 470-620 yuan / ton for mainstream ammonium sulfate in Hebei, 520-590 yuan / ton for mainstream ammonium sulfate in Shandong, 500-660 yuan / ton for main ammonium sulfate outflow in East China, 470-650 yuan / ton for mainstream ammonium sulfate in North China, and 470-650 yuan / ton for Northeast China The factory quotation of mainstream ammonium sulfate is 520-660 yuan / ton.

Industry chain: the overall market of downstream compound fertilizer is weak this week, the price is slightly reduced, the price of compound fertilizer raw materials is also down, and the cost is negative. Now the preparation of fertilizer in the north and south is basically over, and the short-term compound fertilizer market is mainly weak.

Industry: according to the price monitoring of the business agency, in the 21st week of 2020 (5.25-5.29), there are 26 kinds of commodities in the list of commodity prices rising and falling, including 4 kinds of commodities with an increase of more than 5%, accounting for 4.4% of the number of commodities monitored in the chemical sector; the top three commodities are calcium carbide (7.39%), bisphenol A (6.99%) and ethylene (5.53%). There are 28 kinds of commodities falling on a month on month basis, with 2 kinds of commodities falling by more than 5%, accounting for 2.2% of the number of commodities monitored in this sector; the top 3 products falling are R134a (- 7.38%), acetic acid (- 5.49%) and propylene (- 4.60%). This week’s average was 0.18%.

3、 Future forecast

Analysts of ammonium sulphate of business association think that the market price of coking grade ammonium sulphate is loose, the supply is sufficient and the demand is reduced. Domestic and foreign demand for domestic ammonium sulfate is flat, and low price is the main way. It is predicted that the price of ammonium sulfate will be weak and stable in the short term.

The PACl commodity index on May 27 was 98.78, unchanged from yesterday, down 9.38% from 109.01 (2019-08-28), the highest point in the cycle, and up 1.52% from 97.30, the lowest point on April 23, 2020. (Note: cycle refers to 2019-04-01 till now)

According to the data, after the reduction of polyaluminium chloride (solid, content ≥ 28%) in April 2020, the overall quotation range of the whole country changed little in May, but the prices of some manufacturers decreased slightly. Main quotation: industrial grade, liquid and alumina content 10%-12% including tax 350-400 yuan / ton; solid content, 20-21% quoted price 860 yuan / ton; content 24% quoted price 1100-1200 yuan / ton; content 26% price 1280-1400 yuan / ton; solid content, 28% or more, price 1580-2000 yuan / ton; spray type content is more than 30% 30% yuan 1600-1850 yuan / ton; drinking water level, content is more than 28% 28% price quoted yuan yuan / ton, food grade quoted price About 0 yuan / ton. Most of the prices are stable, and a small part is reduced by about 20-50 yuan / ton.

According to the data of business agency, in the upstream products of polyaluminium chloride, the mainstream factory price of hydrochloric acid in North China was generally stable in the second half of May. The actual transaction price of the manufacturer shall be subject to negotiation. The upstream liquid chlorine market is generally weak in support of hydrochloric acid, while the downstream dyes, calcium chloride and chloroethane are still mainly purchased according to early demand. Hydrochloric acid market as a whole seems to be declining, and by-product acid is still hitting the market. The pressure of hydrochloric acid delivery is relatively high, and the quality of by-product hydrochloric acid produced by TDI, chloropropene, propylene oxide and methane chloride is relatively good. On the whole, the difficulty of hydrochloric acid delivery is still a big problem. Downstream: the current market demand is still the biggest factor affecting the price of products, while the downstream demand is still relatively low.

As far as the whole industry is concerned, from 2020 to now, during the Spring Festival holiday to February 20, the relevant enterprises in the main production area stop production and delay to return to work; after February 20, the manufacturers in the main production area return to work in succession; in March, the logistics gradually recovers, and the transportation cost returns to normal; in April, the overall production is normal, because the delivery is relatively difficult, the inventory of some enterprises is still high, and the production is affected; in May, the overall market has not There is a big positive, quoted enterprises part of the price changes frequently, the overall shipment in general, the market continued to be weak.

With regard to the future market, the analysis of the business community shows that the upstream raw material price is basically stable in the second half of the month, the downstream demand is not improving, the transaction atmosphere is still general, and the possibility of a substantial change in the future market is unlikely. In June, the market is flat, waiting for the recovery of demand.

According to the price monitoring of the business agency, the spandex market maintained a slight decline in May. The average price of 40d specification as of May 26 was 31900 yuan / ton, down 2.15% from the beginning of the month, down 6.73% year on year.

Mainstream price statistics of spandex market (unit: yuan / ton)

20D 30D 40D

Zhejiang 36000-37000 34000-35000 28500-29500

Shandong 37000-38000 34500-35500 29000-29500

Fujian 37000-38000 34500-35500 29500-32000

Jiangsu 36000-38000 34000-35000 29500-30000

At present, the market trend of spandex is flat, the supply of manufacturers is stable, and 80% of the industry starts to operate at a high level. The cost side support performance is average, the downstream terminal market is not in high mood to receive orders, and the actual transaction volume is discussed in detail. In Jiangsu and Zhejiang area, the reference for 20d spandex mainstream negotiation is 36000-37000 yuan / ton; the reference for 30d spandex mainstream negotiation is 34000-35000 yuan / ton; the reference for 40d spandex mainstream negotiation is 28500-30000 yuan / ton, and the actual transaction details are discussed.

Summary of production and marketing trends of domestic PTMEG manufacturers

Enterprise name address capacity (10000 tons / year) remarks

Shanghai BASF Shanghai 11 listening device under maintenance

There is no restart plan in the parking of Shanxi 3D Shanxi Hongdong 5

Jiaxing Xiaoxing Zhejiang Jiaxing 12 unit in parking and maintenance

Sinopec Great Wall energy chemical Ningxia Yinchuan 9.2 unit load is not high

Henan Nenghua Hebi 6 parking Center

The load of Xinjiang MEK Xinjiang Korla 5 unit is not high

The unit load of 4.6, Changji, Xinjiang is not high

The upstream PTMEG market continued to be weak and stable, the factory started to further decline, and the industry started 50% nearby. According to the single negotiation, the actual single is still in reserve and yield. The main quotation of 1800 molecular weight cargo source is 14000-15000 yuan / ton, and the actual single negotiation is 13800-14500 yuan / ton. The pure MDI market is on the up side, the spot supply is tight, and the supplier’s willingness to support the market continues. The downstream market just needs to enter the market to make up the position, and the progress is slow. At present, the market price of various regions in China is 13500-14000 yuan / ton telegraphic transfer barrel.

In the lower reaches of Zhejiang Province, the starting level of enterprises in Xiaoshao area is low. The starting level of the round machine and wrapped yarn market is maintained at 30-60%. The terminal demand in Zhuji area of Yiwu is average, and the starting level of wrapped yarn market is at 5-70%. In Wujiang area, Jiangsu Province, the terminal starts are common. The start-up level of yarn wrapping market is maintained at 5-60%, the order in Jiangyin area is maintained at a low level, and the start-up level of round machine and yarn market is maintained at about 30%. In Fujian Province, the start-up is common, with lace maintained at 30-40% and warp knitting at about 5-60%. Guangdong started at a low level, and the market of circular machine and warp knitting remained at 30-60%.

From the perspective of the terminal textile market, the domestic and foreign trade markets have recovered to a certain extent since May, and domestic demand has gradually recovered. Some overseas countries announced the release of the seal, and the export was also quietly launched. It is reported that orders have been placed in Europe, the United States and Southeast Asia recently. However, the overall recovery is still relatively slow, and the order performance is not stable, and the purchase of raw materials is mainly cautious. In terms of exports, according to the latest statistics of the General Administration of Customs of China, in April 2020, China’s textile and clothing exports reached US $21.361 billion, an increase of 38.43% month on month and 9.77% year on year. Among them, the export value of textiles (including textile yarn, fabrics and products) was 14.620 billion US dollars, up 49.36% year on year; the export value of clothing (including clothing and accessories) was 6.739 billion US dollars, up 30.31% year on year. From January to April, China’s cumulative export of textiles and clothing was 66.626 billion US dollars, down 12.06% year on year, of which the cumulative export of textiles was 37.311 billion US dollars, up 2.90% year on year; the cumulative export of clothing was 29.308 billion US dollars, down 22.33% year on year.

Business analysts believe that at present, spandex market weak stalemate, manufacturers start high, production capacity is not reduced, shipping pressure increases. The upstream raw material market is in shock and consolidation. Although pure MDI has an upward trend, it has limited support for spandex cost end. The end customer’s actual demand is not followed up much, and the order is less, so they take the goods as needed. The negotiation and transaction atmosphere is weak, and the overall market outlook atmosphere is strong. On the whole, the fundamentals are lack of substantial positive boost, and it is expected that spandex prices will be mainly weakly adjusted in the short term.

According to the monitoring of the business club, LLDPE, LDPE and HDPE in East China showed an upward trend this week, and the overall transaction atmosphere of the market was good. On May 22, the average ex factory price of LLDPE 7042 in East China was 6583.33 yuan / ton, 1.54% higher than that at the beginning of the week (18th); the average ex factory price of LDPE 2426h was about 7525.00 yuan / ton, 1.35% higher than that at the beginning of the week; the average ex factory price of HDPE 5000S was 7066.67 yuan / ton, 0.71% higher than that at the beginning of the week. The increase is mostly about 50-300 yuan / ton.

On May 24, the LLDPE commodity index was 63.05, unchanged from yesterday, down 46.37% from 117.56 (2013-12-11), the highest point in the cycle, and up 9.73% from 57.46, the lowest point on April 6, 2020. (Note: cycle refers to 2011-09-01 to now)

The LDPE commodity index on May 24 was 58.56, unchanged from yesterday, 48.33% lower than 113.33 (2013-12-08), the highest point in the cycle, and 7.89% higher than 54.28, the lowest point on April 6, 2020. (Note: cycle refers to 2011-09-01 to now)

On May 24, the HDPE commodity index was 57.28, unchanged from yesterday, down 44.02% from 102.33 (2014-07-24), the highest point in the cycle, and up 5.22% from 54.44, the lowest point on April 6, 2020. (Note: cycle refers to 2011-09-01 to now)

This week, the market price of polyethylene took the lead, with an increase of about 50-300 yuan / ton. There are many positive factors this week: first, the rise of international crude oil and ethylene, driven by the rise of raw materials, the petrochemical industry raised the factory price, with a good attitude of the industry and a rising price of the merchants; second, the linear futures were active in the week, with a sharp rise on Wednesday and Thursday, boosting the mentality of the spot market; third, in terms of supply, petrochemical equipment maintenance increased this week, Yangzi Petrochemical, Maoming Petrochemical, etc The unit began to be overhauled and the market supply decreased. However, at present, the demand for PE continues to be low, and the overall construction starts vary from 1-30%. With the end of the production of mulch film, the demand for shed film is cold, and most enterprises shut down. The demand for LLDPE and HDPE is weak, the demand for HDPE is fair, and the demand for replenishment is just downstream. Overall, the market performance is still stable.

Raw material ethylene market goes all the way up. In recent years, the global oil supply has decreased, the demand has recovered, and the international crude oil has rebounded sharply, forming a cost support for ethylene. In recent years, the market of ethylene in Europe and the United States is in a rising trend, especially in Europe, where the trading atmosphere of the whole ethylene market is active and the market continues to rise. The industry pays more attention to the supply and demand after the festival. Business data analysts expect the price of ethylene to be mainly upward consolidation next.

Linear futures rose sharply in the week, driving up petrochemical prices and boosting market mentality. On Monday (May 18), the opening price of polyethylene futures l2009 was 6385, the highest price was 6410, the lowest price was 6320, the closing price was 6370, the former settlement price was 6335, the settlement price was 6360, up 35, or 0.55%, the volume was 354804, the position was 373941, and the daily increase was – 14066. On Friday (22), the opening price of polyethylene futures l2009 was 6515, the highest price was 6540, the lowest price was 6390, the closing price was 6415, the former settlement price was 6535, the settlement price was 6455, down 120, down 1.84%, the trading volume was 398959, the position was 376418, and the daily increase of position was – 10269. (quotation unit: yuan / ton)

In the 20th week of 2020 (5.18-5.22), there are 12 commodities in the list of commodity price rise and fall in rubber and plastic plate, including one commodity with a rise of more than 5%, accounting for 5.6% of the monitored commodities in the plate; the top three commodities are pet (5.38%), ABS (3.46%) and PVC (3.34%). There are two kinds of commodities falling on a month on month basis, and one kind of commodities falling by more than 5%, accounting for 5.6% of the number of commodities monitored in this sector; the top two products falling are PP (melt blown) (- 9.30%) and PA66 (- 0.78%). This week’s average was 0.94%.

Aftermarket: at present, it is in the off-season of demand. The demand for plastic film is over. The demand for plastic film is light. The downstream is in conflict with the high price supply. The enthusiasm for entering the market is general. The mentality is more cautious and the wait-and-see is the main thing. Near the end of the month, petrochemical enterprises have the demand for storage arrangement, and it is expected that there will be a large resistance to increase in the short term, or narrow range consolidation.

1、 Price trend

The antimony commodity index on May 21 was 50.99, flat with yesterday, down 50.17% from 102.32 (2012-10-16), the highest point in the cycle, and up 8.54% from 46.98, the lowest point on December 24, 2015. (Note: cycle refers to 2012-09-08 to now).

2、 Market analysis

Upstream and downstream: on Wednesday, the price of antimony oxide decreased with the trend of antimony ingot. As of Friday, 99.5% was 32250 yuan / ton, 99.8% was 33750 yuan / ton, 750 yuan / ton lower than last week.

Domestic market: the market price of antimony ingots fell this week. Affected by international events, the domestic and international market demand has not recovered in the near future. Guangxi took the lead in lowering the price this week. The main domestic market price is weak. The antimony industry chain has been in a weak market. The actual transaction has not improved significantly. Most downstream purchases are on demand. In terms of price, as of Friday, 2 × low bismuth antimony ingots were 34500 yuan / ton, 1 × antimony ingots were 35000 yuan / ton and 0 × antimony ingots were 36000 yuan / ton, down 500 yuan / ton compared with last week. The average price of 2 × high bismuth antimony ingot is 33000 yuan / ton, which is stable compared with last week.

3、 Future prospects

Foreign public events continue to heat up. In the absence of obvious improvement in the demand side, the price of domestic antimony products is difficult to improve greatly. In the state of weak market price, the future market may continue to decline.

On May 21, the PX commodity index was 32.00, the same as yesterday, a new low in the cycle, 68.75% lower than the highest point of 102.40 on February 28, 2013. (Note: cycle refers to 2013-02-01 to now)

According to statistics, the market price trend of p-xylene in China is temporarily stable, the operation of new 600000 ton plant in Hongrun is stable, the operation of petrochemical plant in Pengzhou is stable, 50% of petrochemical plant in Urumqi is started, one line of aromatics plant in Fuhai Chuang is started, CNOOC Huizhou refining and chemical plant is overhauled, the PX plant in Hengli Petrochemical is put into operation, other units are temporarily stable, and the operation rate of domestic p-xylene plant is stable In about 70%, the domestic market supply of p-xylene is normal, and the domestic market price trend of p-xylene is stable temporarily. The operating rate of PX plant in Asia is about 80%. On May 20, the closing price of PX market in Asia was temporarily stable. The closing price was 487-489 US dollars / ton fob in South Korea and 507-509 US dollars / ton CFR in China. About 40% of PX needs to be imported in China. Recently, affected by the rise of crude oil price, the external price of PX fluctuated and the market price of PX was temporarily stable.

As of the 20th, WTI crude oil futures market price in the United States rose, and the settlement price of main contracts was 33.49 yuan / barrel, up $1.53. Brent crude oil futures market price rose, the settlement price of main contracts was $35.75/barrel, up $1.10, OPEC + cut oil exports in the first half of May, which showed a good start in complying with the new production reduction agreement. From May 1, OPEC +, Russia and other allies are cutting production at a record rate of 9.7 million barrels per day to offset the decline in prices and demand caused by the coronavirus outbreak. OPEC + seaborne oil exports have fallen 6.3 million barrels per day to 27 million barrels per day in the past month, according to kpler, a company that tracks oil flows, saying the decline was a “startling reversal” in the light of arbitrary production by oil producers in April. The rise of crude oil price has certain cost support for downstream petrochemical products, and the market price trend of p-xylene is stable.

In terms of downstream PTA, the price trend of domestic PTA spot market rose. As of May 21, the market average price was 3600-3700 yuan / ton, and PTA price rose. On the premise of overseas resumption of work and crude oil production reduction, the oil price is supported, and the recent rising crude oil price drives the PTA market price up; so far, PTA inventory has risen to a high near 3.55 million tons. According to the calculation of existing capacity, PTA operating rate is nearly 10% lower than polyester operating rate, so the market can be basically balanced. Compared with 91% operating load of PTA industry, polyester operating rate is obviously insufficient. It is understood that in June, Hainan Yisheng, Xinjiang Zhongtai and Yizheng Chemical fiber had maintenance plans for PTA, but under the condition of high processing cost, the possibility of postponement of maintenance could not be ruled out. In addition, the Hengli 5 × unit is expected to be put into operation in late June, and the short-term PTA accumulation situation is difficult to change. However, the price rise of downstream PTA market has brought some good support to PX market, and the domestic p-xylene price trend is temporarily stable.

In the near future, the crude oil price trend is rising, the downstream PTA market price is rising, and the downstream demand of the terminal is improving. The business community analysts believe that the PX market price may trend or slightly rise.

1、 Price trend of lithium hydroxide:

(Figure: P value curve of lithium hydroxide product)

2、 Market analysis:

Product: the market of lithium hydroxide was stable temporarily on May 20, according to the data of bulk list of business agency. By the end of 20 days, the average price of domestic industrial grade lithium hydroxide enterprises was 55666.67 yuan / ton, down 2.34% compared with April 20, with a half year cycle, down 17.73% year-on-year. At present, the external quotation of industrial grade lithium hydroxide of Shanghai Yulun Industrial Co., Ltd. is 56000 yuan / ton, the external quotation of industrial grade lithium hydroxide of Shanghai Eugene Industrial Co., Ltd. is 58000 yuan / ton, and the external quotation of industrial grade lithium hydroxide of Zigong tongfarong Industrial Co., Ltd. is 53000 yuan / ton. The specific transaction price is a single negotiation.

Industry chain: according to the data in the business club’s large list, the market of lithium carbonate is in a weak position in the near future. According to the price monitoring of the business agency, the average price of industrial grade lithium carbonate in East China on May 20 was 41200 yuan / ton, down 1.90% compared with April 20 and 7.21% compared with January 1; the average price of battery grade lithium carbonate in East China on May 20 was 45200 yuan / ton, down 3.21% compared with April 20 and 11.37% compared with January 1. At present, the mainstream price of industrial lithium carbonate market is around 38000-45000 yuan / ton, and the mainstream price of battery lithium carbonate market is around 42000-48000 yuan / ton.

Industry: according to the price monitoring of the business agency, there are 21 kinds of commodities in the rise and fall list of bulk commodity prices on May 19, 2020, among which there are 2 kinds of commodities with an increase rate of more than 5%, accounting for 2.2% of the number of commodities monitored in this sector; the top 3 commodities with an increase rate are hydrogen peroxide (7.11%), isopropanol (5.17%) and R22 (4.49%). There are 13 kinds of commodities falling on a month on month basis, and the top three products are light soda (- 3.75%), formic acid (- 2.42%) and phosphate rock (- 1.67%).

3、 Future forecast:

According to the lithium hydroxide analyst of the business association, the market of lithium hydroxide in the upstream is in weak operation in the near future, with insufficient cost support, weak demand in the downstream, limited enthusiasm for lithium hydroxide procurement, and rigid demand procurement. It is expected that the market of lithium hydroxide in the industrial level will be in weak and stable operation in the short term.

Market Overview:

According to the bulk data monitoring of the business agency, after May 1st, the dichloromethane market in Shandong continued to rise. As of May 19th, the average price of dichloromethane in Shandong was about 2400 yuan / ton, 20% higher than 2000 yuan / ton at the beginning of May.

Market analysis:

Products: at present, the dichloromethane market in Shandong continues to rise, and the overall operating rate of enterprises will be less than 50%. Among them, the 440000t / a plant in Jinling, Shandong Province will be operating 50%, the 400000t / a plant in Luxi Chemical Industry will be operating 40%, the 280000t / a plant in Dongyue, Shandong Province will be operating 40%, and the 80000t / a plant in Jinmao, Dongying, Shandong Province will be shut down to now. The overall inventory of the industry is low, the market spot supply is tight, and the downstream mining will be carried out The situation of purchase and stock up is fair, and the rigid demand is the main factor. At present, the quotation in Shandong is about 2400-2500 yuan / ton, in Jiangxi about 2400 yuan / ton, and in East China about 2100 yuan / ton.

Industry chain: in the upstream, affected by the slow down demand in the downstream and the rising inventory in the port, the price of methanol in the domestic market fluctuated and fell, and the market started steadily, at present, about 1692 yuan / ton; the liquid chlorine market is high and firm, the large factories in Shandong Province have reduced the load, the market supply is tight, and the downstream market just needs the most, and the current market quotation is 500-800 yuan / ton. In the downstream, the domestic refrigerant market began to stabilize after a sharp decline, with strong firm price intention and declining market supply. At present, the price hovers around 15000 yuan / ton; the purchase of solvent and pharmaceutical pesticide industry is just in short demand, and the price support for dichloromethane is insufficient.

Future forecast:

According to the data analyst of methane chloride of business association, at present, the operation rate of dichloromethane market is low, the inventory pressure is not large, the firm price intention is strong, the downstream market just needs to buy, the recent inquiry of traders increases, and it is expected to be high and strong in a short time.

1、 Price trend

According to the data monitored by the business agency, the average price of domestic premium DMF enterprises as of May 18 was 4800.00 yuan / ton, down 2.7% compared with the same period last week. This week, the domestic DMF was weak.

2、 Market analysis

Product: this week’s weak DMF operation in China, slightly lower than last week’s price, this week’s price of Luxi Chemical Industry is 4450 yuan / ton, Zhangqiu daily and monthly price is 4550 yuan / ton, Hualu Hengsheng is 5400 yuan / ton, the factory’s price is slightly reduced, the factory’s shipment is stable operation, the downstream purchasing atmosphere is general, the market demand is poor, the on-site negotiation atmosphere is stagnant, and it is expected that this week’s weak operation.

Industry chain: the upstream methanol has a strong wait-and-see attitude at the beginning of the week, the quotation is stable and the transaction atmosphere is general, the execution of contract is the main thing, the pressure on port inventory is not reduced, and the purchase atmosphere is cold.

Industry: on May 17, the chemical industry index was 638, the same as yesterday, 37.20% lower than 1016 (2012-03-13), the highest point in the cycle, and 6.69% higher than 598, the lowest point on April 8, 2020. (Note: cycle refers to 2011-12-01 to now).

4、 Future forecast

DMF analysts believe that the DMF market is expected to be weak in the short term. (the above prices are provided by the main DMF manufacturers all over the country and sorted out and analyzed by the business DMF analysts for reference only. For more details, please contact the relevant manufacturers for consultation.)

1、 Price trend

According to commodity data monitoring, the price of titanium dioxide decreased this week. At the beginning of the week, the average price of titanium dioxide in China was fifteen thousand two hundred and sixty-six point six seven Yuan / ton, weekend average price is fourteen thousand one hundred and sixty-six point six seven Yuan / ton, week price drop, range: seven point two one 。

2、 Market analysis

Products: since May, affected by the epidemic situation abroad, foreign trade has contracted, and domestic titanium dioxide enterprises are under great pressure to ship. In this week, the price of titanium dioxide has been reduced, and the main price of manufacturers has declined by about 500-1000 yuan / ton. The wait-and-see mood of terminal procurement is more serious. At present, the factory price of rutile titanium dioxide, anatase titanium dioxide and chlorination titanium dioxide is 13500-14500 yuan / ton, 11500-13000 yuan / ton and 16500-20000 yuan / ton respectively. In terms of the current international situation, titanium dioxide market as a whole is weak.

Industry chain: the price of titanium concentrate in Panxi is relatively stable this week. The downstream demand is low, the operating rate is not high all the time, and the actual single trading is poor. Affected by the overseas epidemic, the transaction price of imported titanium ore is still at a high level. The price of 38 titanium ore is 850-870 yuan / ton, 46, 10 titanium ore is 1250-1445 yuan / ton, 47, 20 titanium ore is 1450-1550 yuan / ton. According to analysts of titanium concentrate of business association, the cost of raw ore is high and the downstream demand is weak. In the short term, the real price of titanium concentrate will be weak and stable.

3、 Future forecast

Titanium dioxide analysts of the business association believe that: affected by the epidemic, the demand side of foreign trade contracted, domestic demand wait-and-see was obvious, and the price of titanium dioxide was sharply reduced this week. In the short term, titanium dioxide has a large shipping capacity, the market is pessimistic, the price is weak, and the actual transaction price is a single negotiation.