1、 Price trend

 

Gamma PGA food grade

This week, the selling price of sulphuric acid in Shandong is stable temporarily, with the quotation of 397.50 yuan / ton. Overall, this week’s sulfuric acid market temporarily stable, October 16 sulfuric acid commodity index was 61.87.

 

2、 Market analysis

 

From the manufacturer’s quotation, the price of mainstream sulfuric acid manufacturers in Shandong this week is temporarily stable, the manufacturers’ inventory is small, and the downstream demand is strong. Heze Jiangyuan quoted 400 yuan / ton at the weekend, which was temporarily stable compared with the beginning of the week; Zouping Tianlu offered 270 yuan / ton at the weekend, which was temporarily stable compared with the beginning of the week; Jinan Yuanfei quoted 350 yuan / T, which was temporarily stable compared with the beginning of the week; kunshengda of Taiyuan City quoted 570 yuan / T at the weekend, which was temporarily stable compared with the beginning of the week.

 

Gamma PGA cosmetic

From the perspective of the upstream and downstream industrial chain, the upstream sulfur market has risen slightly recently, and the cost support is good. However, the market of monoammonium phosphate and diammonium phosphate in the lower reaches has a positive impact on sulfuric acid, and the price of bromine is also rising steadily. There are many favorable factors in the downstream. At the same time, some sulfuric acid factories are short of operation recently, the load is reduced, and the supply of sulfuric acid is in short supply.

 

3、 Future forecast

 

In the last ten days of October, the market of sulfuric acid in Shandong Province rose mainly due to small fluctuation. The price of sulfur in the upstream has risen slightly in recent years, and the downstream market has been consolidated at a high level. The demand for sulfuric acid in the downstream is positive, and the product trend is upward under the contradiction between supply and demand. The sulfuric acid analysts of the business agency believe that the short-term Shandong market in the supply and demand and raw materials and other aspects of the impact of sulfuric acid market or a small rise.

Gamma PGA

1、 Price trend

 
2、 Market analysis

 

According to the data of the business agency, the market of potassium sulfate in Hebei Province is stable this week, and the price of Mannheim potassium sulfate is about 2550 yuan / ton, and that of 50% granules and 52% water soluble powder is about 2650 yuan / ton, which is the same as last week’s price. The main factory quotation of 50% powder from Shandong enterprise in East China is 2400-2550 yuan / ton. The price of 50% powder in Northeast China is 2550 yuan / ton, and that in South China is 2900 yuan / ton. The price of potassium sulfate in Qinghai water salt system is 2300-2350 yuan / ton. The domestic potassium sulfate Market is running smoothly. At present, the market remains stable, the unit operating rate continues to maintain a high level, and the downstream demand support is limited. The overall inventory has begun to rise continuously, and the price is mainly stabilized. Some traders have slightly adjusted prices. The Yunnan tobacco bidding has little impact on the overall potassium fertilizer market, but has an impact on the potassium sulfate Market. In addition, the rise of potassium chloride is also the main reason for the price rise of potassium sulfate.

 

3、 Future forecast

 

The potassium sulfate analysts of the business club believe that: the overall potassium sulfate Market has remained stable in the near future, and there is still no significant change in the market trading, and the price is expected to be stable in the short term.

Gamma PGA

According to the monitoring of the business agency, the price of activated carbon was 11066 yuan / ton on the 15th, and the price was weak.

 

The price of activated carbon in China has dropped. At present, the ex factory price of activated carbon for coconut shell water purification in East China is about 7000-12000 yuan / T; the domestic activated carbon market is cold and the quotation is down.

 

The cost pressure of coconut shell, fruit shell and charcoal as the main raw materials in the upstream of activated carbon was supported, and the demand turned better; the cost support of coal based carbon raw materials was weak. The downstream power, medicine and other demand industries purchase goods according to the order. The purchase market of activated carbon for air purification and water purification is favorable, and the environmental protection policy boosts the activated carbon market.

 

Forecast: the overall market situation of activated carbon market is weak, and some offers are slightly down. It is expected that the activated carbon market will be dominated by shock consolidation in the short term.

Gamma PGA

Today (10.12) the domestic methanol market rose, and some manufacturers increased the ex factory quotation by about 30-50 yuan / ton. According to the monitoring data of business agency, on October 12, the average price of methanol producers in Shandong was 1825 yuan / ton, with a month on month increase of 1.11% and a year-on-year decrease of 23.51%. The quotation of methanol market in various regions has also increased to varying degrees, among which Shandong and Shanxi regions have obvious upward trend. The main factors of this week’s price rise are the positive futures driven, as well as the favorable impact of the recovery of downstream demand. In the short term, the positive factors will still remain for a period of time, traders are full of bullish mentality. The methanol analysts of the business club predict that the domestic methanol market will fluctuate at a high level in the short term.

 

As of 10.12, summary of methanol market prices in different regions:

 

Regional price

Spot exchange of 1370 yuan / ton in Qinghai

RMB 1580-1590 yuan / ton in Shanxi

1700 yuan / ton in Liaoning

From 1950 to 1960 yuan / ton in Fujian Province

Factory reference: 1820-1880 yuan / ton

Anhui Province 1850 yuan / ton acceptance delivery

Henan Province factory reference 1670-1680 yuan / ton

Gamma PGA

Price list of aluminum ingot

 

According to the data of business agency, the average price of domestic aluminum ingot in East China market on September 30 was 14696.67 yuan / ton, a decrease of 0.09% compared with the average market price of 14710 yuan / ton at the beginning of the month (September 1); compared with the valley value of average market price at the beginning of the year (January 1), 14553.33 yuan / ton, up 0.98%; compared with the valley value of average market price in the year (March 24), 11230 yuan / ton, an increase of 30.79%.

 

Gamma PGA food grade

In September, the price of aluminum ingots first fell and then rose. At the end of the month, it fell for two consecutive days, breaking through the earlier shock range (the fluctuation range was 14500-14800 yuan / T), and then the price rebounded. Generally speaking, the price still maintained the horizontal trend.

 

Comparison of the arguments on the situation of electrolytic aluminum in September

 

Multiple arguments:

 

1. The social inventory of electrolytic aluminum decreased month on month in September

 

According to statistical data, as of September 24, the domestic electrolytic aluminum social inventory (including SHFE warehouse receipt) totaled 716000 tons, which was about 39000 tons lower than that on August 28.

 

Short argument:

 

Gamma PGA agriculture grade

1. Domestic electrolytic aluminum production capacity moved up month on month in September

 

As of September 28, 2020, China’s electrolytic aluminum production capacity was 42.461 million tons, and the operating capacity was 38.556 million tons, an increase of 565000 tons compared with the previous month. Among them, as of September 28, the new production capacity of electrolytic aluminum in China was 335000 tons, the production capacity was 250000 tons, and the output was unexpectedly reduced by 20000 tons.

 

2. The price of raw material alumina moved down month on month in September

 

In September, affected by the downward movement of overseas alumina prices, although the domestic upstream mines have strong willingness to support prices, the overall market price of domestic alumina still moved down slightly.

 

Aluminum price forecast in October

 

The downstream operating rate is relatively stable. In the later stage, attention should be paid to the bottoming up of raw material alumina price and the downstream export situation. It is expected that the social inventory of aluminum ingot will enter the period of shock platform. The price of aluminum ingot is mainly weak and stable in October, and the price range is 13500-15000 yuan / ton.

Gamma PGA