Product name: PVC

Latest price: 6248 yuan/ton

Key points of analysis: On September 19th, the PVC spot market remained stable with minor fluctuations, and the trading atmosphere on the market was relatively light. Therefore, it is advisable to be cautious and wait and see. In terms of raw materials, upstream calcium carbide factory prices have continued to decline. In terms of futures, the futures market closed higher today. Overall, the trading sentiment in the PVC spot market is still poor, with some manufacturers stabilizing prices and watching. Downstream procurement enthusiasm is low, and the overall transaction situation is weak.

Prediction: In the short term, the PVC spot market will continue to fluctuate slightly.

Recent price trends of hydrochloric acid

According to the Commodity Analysis System of Business Society, the domestic hydrochloric acid market prices have significantly increased this week, with the average market price rising from 174.00 yuan/ton at the beginning of the week to 192.00 yuan/ton at the end of the week, an increase of 10.34%. Weekend prices increased by 25.22% year-on-year. On September 18th, the hydrochloric acid commodity index was 50.66, an increase of 0.13 points compared to yesterday, a decrease of 63.26% from the cycle’s highest point of 137.89 points (2021-10-26), and an increase of 181.76% from the lowest point of 17.98 points on September 5th, 2012. (Note: The cycle refers to the period from September 1st, 2011 to the present)

Increased upstream support and better downstream demand

From the supply side perspective, the domestic hydrochloric acid market prices have significantly increased this week, and manufacturers’ inventory is average.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market has recently seen a significant increase, with good cost support. The downstream market price of polyaluminum chloride has slightly increased, rising from 1700.00 yuan/ton at the beginning of the week to 1735.00 yuan/ton at the weekend, an increase of 2.06%. The weekend price has decreased by 16.23% year-on-year. The downstream ammonium chloride market has slightly increased, with prices rising from 722.50 yuan/ton at the beginning of the week to 742.50 yuan/ton over the weekend, an increase of 2.77%. The weekend prices have decreased by 23.85% year-on-year.

Future Market Forecast

In late September, the market price of hydrochloric acid may fluctuate and rise mainly. The upstream liquid chlorine market has recently seen a significant increase, with increased cost support. The downstream ammonium chloride and polyaluminum chloride markets have slightly increased, and downstream procurement willingness is good. Analysts from Business Society believe that the recent slight fluctuations and gains in the hydrochloric acid market are the main trend.

Price trend

Recently, the domestic PA66 market has shown a strong trend. According to data monitoring from Business News Agency, the mixed benchmark price of PA66 in China was 19333.33 yuan/ton on September 15th, with a price increase or decrease of+4.88% compared to the beginning of the month.

Cause analysis

In mid September, the market situation for PA66 was relatively strong, and overall, spot prices for various brands have increased. In terms of supply, the overall load of the domestic PA66 industry remained at around 65% this week, operating horizontally compared to the previous period. The production line situation of the enterprise has remained basically unchanged, and the on-site supply of goods has been further digested. The support from suppliers is still acceptable. Terminal enterprises still focus on maintaining production while maintaining normal inventory levels. On site stocking is mainly based on demand, and the demand side has a moderate support for spot goods. On the upstream side, the domestic supply of hexamethylene diamine has maintained a tight pattern, and the market has remained stable with minor fluctuations. The adipic acid market continued to rise this week, with the trend of raw material pure benzene maintaining a strong momentum. The promotion of PA66 spot prices on the cost side is relatively strong. Affected by cost and supply side benefits, the price of PA66 remained stable after rising this week.

Future Market Forecast

The spot price of PA66 is relatively strong in mid September. The overall price trend of raw materials is relatively strong, and the support for the cost side of PA66 is still acceptable. The load of PA66 enterprise is almost horizontal, the inventory position has been digested, and the supply support is stable. The demand side still focuses on maintaining production, and the acceptance will be affected to some extent after price increases. It is expected that PA66 will continue to operate strongly in the short term.

Aluminum fluoride prices fluctuate and rise this week

According to the Commodity Market Analysis System of the Business Society, as of September 14th, the domestic quotation for aluminum fluoride was 9725 yuan/ton, an increase of 3.18% compared to the price of 9425 yuan/ton on September 7th. The prices of raw materials such as fluorite and hydrofluoric acid have risen, leading to cost transmission. This week, aluminum fluoride fluctuated and rose.

The price of raw material hydrofluoric acid has increased

According to the Commodity Market Analysis System of the Business Society, as of September 14th, the price of hydrofluoric acid was 10316.67 yuan/ton, an increase of 2.15% compared to the price of 10100 yuan/ton on September 7th; The price of hydrofluoric acid increased by 2.82% compared to 10033.33 yuan/ton on September 1st. Recently, some devices are still in shutdown, and there has been little change in the spot supply of hydrofluoric acid. The order situation for hydrofluoric acid from manufacturers has slightly increased. In addition, the price of sulfuric acid has risen significantly, leading to an increase in the price of fluorite. The rising prices of raw materials such as fluorite and sulfuric acid have driven the hydrofluoric acid market higher. The support for the price increase of aluminum fluoride in the future is increasing.

Rising prices of raw material fluorite

According to the Commodity Market Analysis System of the Business Society, as of September 14th, the price of fluorite was 3350 yuan/ton, an increase of 4.89% compared to the price of 3193.75 yuan/ton on September 7th; The price of fluorite increased by 5.30% compared to 3181.25 yuan/ton on September 1st. Since September, the price of fluorite has continued to rise. The upstream mining of fluorite is tight, and backward mines will continue to be phased out. Under the golden nine silver ten market, demand for fluorite is expected to rebound, and downstream enterprises follow up on demand. The price of fluorite continues to rise, supporting costs, and increasing support for the rise of aluminum fluoride.

Market Overview and Forecast

Analysts from the fluoride aluminum industry at Business Society believe that the prices of hydrofluoric acid and fluorite have fluctuated and increased this week, leading to an increase in the cost of raw materials for fluoride aluminum. Overall, the expected rebound in demand due to rising costs, increased support for the rise of aluminum fluoride, and expected fluctuations in aluminum fluoride prices in the future.

1、 Trend analysis

According to the monitoring of nickel prices by the Business Society, on the 13th, the average spot market price of nickel was 163850 yuan/ton, a decrease of 2.09% compared to the previous trading day.

On the eve of the release of August CPI data in the United States, the cautious atmosphere in the market rose, and the US dollar index strengthened again, with Lunni closing 3.03% lower overnight. In the short term, frequent disturbances occur at the mining end in Indonesia; The rainy season is approaching in the Philippines; Due to pollution issues, the Indonesian government has recommended five nickel mines to suspend production and rectify, providing support for nickel prices. However, domestic electrolytic nickel production continues to increase in volume, with weak spot transactions for refined nickel. Pure nickel supply suppresses nickel prices, and the focus shifts downwards. LME nickel inventory has accumulated in the short term. The domestic nickel supply is strong and the demand is weak. With the release of new production capacity, the long-term trend of nickel prices is downward, but there is still a lot of short-term mining news disturbance, which forms support for nickel. Nickel prices are expected to fluctuate widely.