Downstream wait-and-see, the market price of yellow phosphorus decreased this week (11.1-11.5)

1、 Price trend

Benzalkonium chloride

According to commodity data monitoring, the price of yellow phosphorus in Yunnan and Guizhou decreased. The average price of yellow phosphorus was 46666.67 yuan / ton at the beginning of the week and 36666.67 yuan / ton at the weekend. The price decreased by 21.43% during the week.

2、 Market analysis

Yellow phosphorus prices fell this week. At present, the overall market is relatively cold, and there is a strong wait-and-see mood in the downstream. The downstream purchases yellow phosphorus at a low price, and the transaction price is mostly close to the low end. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 32000-35000 yuan / ton; The mainstream quotation in Sichuan is about 40000 yuan / ton; The mainstream quotation in Guizhou is about 35000 yuan / ton.

In terms of phosphate rock, according to the data monitoring of business society, as of November 5, the reference average price of 30% grade phosphate rock in the mainstream areas of China was around 663 yuan / ton, which was basically the same as that on November 1, and increased by 83 yuan / ton or 14.37% compared with that on September 1 (the reference average price of phosphate rock was 580 yuan / ton). At present, the overall supply of phosphate rock in some parts of China continues to be tight, and some Guizhou mining enterprises do not quote for the time being and only receive orders from old customers. Therefore, phosphate rock analysts of business society believe that in the short term, most of China’s phosphate rock market will continue to operate at a high level.

In terms of coke, the market price of coke in Shandong Port decreased slightly. The mainstream spot exchange ex warehouse price of quasi primary coke in the port is 3950-4000 yuan / ton. The first round of increase and decrease landed, and the market price followed the decline. The overall mentality of the port market is weak, the source of goods available for sale is still small, the port inventory increased slightly, and traders actively ship. The quotation of secondary metallurgical coke in Panzhihua coke market is 4270 yuan / ton. At present, some steel mills have started the first round of raising and lowering 200 yuan / ton, and some areas have landed. There are still many downstream steel mills with limited production and maintenance. Recently, the steel mills have made great efforts to limit production and have stricter expectations in the future. The demand for coke has declined and the purchase intention is slightly low. In terms of coking enterprises, the inventory in the plant is higher than that in the early stage, and the mentality of coking enterprises is declining. Without the support of downstream demand, coke prices may decline.

ferric sulfate (Poly ferric sulphate)

In terms of phosphoric acid, the market price of phosphoric acid moves downward, the market gradually cools down and the focus moves downward. According to the monitoring of business society, the average price of phosphoric acid at the beginning of the week was 14533.33 yuan / ton, and the average price at the weekend was 11033.33 yuan / ton. The price decreased by 24.08% during the week. At present, the price of raw materials is lowered, the cost support is gradually weakened, the operating load of phosphoric acid enterprises is gradually increased, the space elasticity of adjustable price is increased, and the enthusiasm of the market is gradually cooled. It is expected that the phosphoric acid market will continue to decline in the short term.

3、 Future forecast

According to the yellow phosphorus analyst of the chemical branch of business society, the price of yellow phosphorus fell sharply this week, and the phosphate rock operated stably. With the increase of electricity prices in various regions, the yellow phosphorus manufacturers had a strong attitude of supporting the price. It is expected that the price of yellow phosphorus will be stable temporarily in the short term.

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The price of domestic sulfuric acid fell by 5.62% (10.31-11.5) this week

Recent price trend of sulfuric acid

povidone Iodine

As can be seen from the above figure, the domestic sulfuric acid market price fell this week, and the quotation fell from 860 yuan / ton last weekend to 811.67 yuan / ton this weekend, a decrease of 5.62%, a year-on-year increase of 104.19% over the same period last year. Overall, the sulfuric acid market fell slightly this week.

The upstream support is general, and the downstream purchase intention is weakened

From the manufacturer’s quotation, the price of mainstream domestic sulfuric acid manufacturers fell this week, the manufacturer’s inventory was general, and the downstream demand weakened. Heze Jiangyuan sulfuric acid quoted 900 yuan / ton this weekend, which fell by 50 yuan / ton compared with last weekend; Zouping Tianlu sulfuric acid quoted 650 yuan / ton this weekend, down 50 yuan / ton compared with last weekend; Changzhou Qinghong sulfuric acid quoted 850 yuan / ton this weekend, down 100 yuan / ton compared with last weekend; Changzhou Changjiang sulfuric acid quoted 750 yuan / ton this weekend, which was temporarily stable compared with last weekend; Xiangcheng San’an sulfuric acid quoted 880 yuan / ton this weekend, down 80 yuan / ton compared with last weekend; Liaocheng Huatong sulfuric acid quoted 840 yuan / ton this weekend, down 10 yuan / ton compared with last weekend.

Sodium Molybdate

From the perspective of upstream and downstream industrial chains, the upstream sulfur market was consolidated at a high level this week, with a quotation of 2123.33 yuan / ton, a year-on-year increase of 123.51% compared with the same period last year, and the cost support was general. The downstream bromine market fell slightly, and the quotation fell from 69000.00 yuan / ton last weekend to 68857.14 yuan / ton this weekend, a decrease of 0.21%, a year-on-year increase of 114.06% over the same period last year. The downstream formic acid market rose slightly. The quotation increased from 8050.00 yuan / ton last weekend to 8066.67 yuan / ton this weekend, an increase of 0.21%, a year-on-year increase of 266.67% compared with the same period last year. On the whole, the upstream and downstream products had a negative impact on the price of sulfuric acid this week.

The market outlook fell slightly

In the middle and early November, the sulfuric acid Market in Shandong Province may fluctuate and fall slightly. The upstream sulfur price has been adjusted at a high level recently, with insufficient rising power and general cost support. The downstream bromine market has decreased slightly, the downstream formic acid market has increased slightly, the downstream enthusiasm for purchasing sulfuric acid is general, and the product trend is downward under the contradiction between supply and demand. Sulfuric acid analysts of business society believe that under the influence of supply and demand and raw materials in the domestic sulfuric acid Market in the short term, the sulfuric acid market may fluctuate and decline slightly.

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Bromine price stalemate this week (11.1-11.6)

1、 Price trend

Melamine

According to the data monitoring of the bulk list of business society, the bromine price was adjusted and operated this week. At the beginning of the week, the average market price in Shandong was 69000 yuan / ton, and at the end of the week, the average market price was 68857.14 yuan / ton, down 0.21%.

2、 Market analysis

At present, the domestic bromine price is adjusted and operated. At present, the mainstream price of Shandong enterprises is about 67000-69000 yuan / ton. The bromine price is adjusted and operated this week. At present, the domestic bromine price is consolidated, the enterprise inventory is low, and there is no hurry to ship. Now, the downstream flame retardant and intermediate industries of bromine are in conflict with the high price bromine, and multi-dimensional rigid demand is the main demand.

Benzalkonium chloride

In terms of raw materials: the domestic sulfur market is running stably temporarily, and the average market price from Monday to Sunday is about 2123.33 yuan / ton. The price of sulfur is mainly strong, the inventory of refineries in China remains low, the manufacturer’s quotation is high, the downstream traders purchase on demand, the enterprise shipment is stable, the low price in the port is difficult to find in the yard, which gives market support, and the future sulfur market is stable for the time being.

Business analysts believe that the overall demand growth of bromine is relatively slow and the enterprise inventory is low. At present, the downstream flame retardant and intermediate industries of bromine are resistant to high price bromine and mainly purchase on demand. At this stage, the stalemate market operation is dominated. It is comprehensively expected that the short-term bromine price will still be high in the later stage, depending on the downstream market demand.

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Good news is hard to find, and PVC prices fall again and again (11.1-11.5)

1、 Price trend

According to the data monitored by the business agency (the average ex factory price of calcium carbide SG5), on November 5, the average mainstream price of PVC in China was 9340 yuan / ton, a decrease of 960 yuan / ton compared with 10300 at the beginning of the week, a decrease of 9.32% during the week and an increase of 27.29% compared with the same period last year.

Benzalkonium chloride

2、 Market analysis

The PVC market continued to decline this week, with a decline of about 9% during the week, and the focus continued to move down. During the week, the disk continued to weaken, the price of PVC futures continued to decline, and the spot market followed the decline rapidly. The quotation of enterprises fell again and again, making it difficult to price. For example, the quotation of Beiyuan, China salt and other enterprises has been as low as 8800 yuan / ton, falling below the 9000 yuan mark and falling to the price level in August. The increase was basically spit back. The mentality of cargo holders was negative and continued to reduce prices for shipment. At present, due to the increase in the output of raw calcium carbide and the decline in the price of blue carbon, calcium carbide fell by about 24% during the week, with the lowest price of 4100 yuan / ton. The support of the cost side was weakened and the demand was weak. It still maintained the just needed replenishment and bargain hunting. Under the situation of weak cost and demand, the high price of PVC was difficult to support, so that the price continued to decline.

In terms of spot, at present, the quotation range of domestic pvc5 electric stone enterprises is mostly around 8800-9650 yuan / ton, and the range of pvc5 electric stone in Hangzhou is 9100-9300 yuan / ton; The mainstream of pvc5 electric stone in Shanghai is 9100-9300 yuan / ton; The mainstream price of PVC ordinary electric stone in Guangzhou is 9500-9650 yuan / ton, and the market price in various parts of China continues to decline.

Data show that at present, CFR China is down 50 yuan at 1650 US dollars / ton, CFR Southeast Asia is down 60 yuan at 1750 US dollars / ton, and CFR India is stable at 1900 US dollars / ton.

region workmanship 11 / 5 (yuan / ton) 11 / 1 (yuan / ton) Rise and fall remarks

East China Calcium carbide method 9000-9500 9900-10250 – 900/-750 Ex warehouse

south China Calcium carbide method 9250-9550 10100-10500 – 850/-950 Ex warehouse

North China Calcium carbide method 8900-9400 9850-10000 – 950/-600 Delivered

southwest Calcium carbide method 8950-9200 9600-10000 – 650/-800 Delivered

On November 5, the international oil price rebounded sharply. The settlement price of the main contract of WTI crude oil futures in the United States was US $81.27/barrel, up US $2.46 or 3.1%, and the settlement price of Brent crude oil futures was US $82.74/barrel, up US $2.20 or 2.7%. Despite the pressure of the US government, the organization of Petroleum Exporting Countries and its allies (OPEC +) still maintained their previous policies, the market expectation of future supply shortage remained unchanged, and the oil price was supported.

ferric sulfate (Poly ferric sulphate)

For ethylene, the external price of ethylene fluctuated and consolidated last week, rising slightly. The average price of ethylene at the beginning of the week was US $1176.25/t, and the average price of ethylene at the weekend was US $1187.75/t, up 0.98%. The current price increased by 5.55% month on month, and the current price increased by 66.35% year-on-year. At present, in terms of crude oil: the recent crude oil market has fallen, but the overall price of crude oil is still at a high level, so the data analysts of business agency expect the external price of ethylene to rise next.

Calcium carbide, the factory price of calcium carbide in Northwest China fell sharply last week. This week, the average ex factory quotation of mainstream calcium carbide manufacturers in Northwest China decreased from 7433.33 yuan / ton last weekend to 5600.00 yuan / ton this weekend, down 1833.33 yuan / ton, down 24.66%, up 93.33% year-on-year compared with the same period last year. Overall, the calcium carbide market fell sharply this week.

3、 Future forecast

PVC analysts of business society believe that at present, the disk is weak, the PVC futures price continues to fall, driving the sharp decline in the spot market price. At the same time, the price of raw calcium carbide is reduced, the demand is weak, and the cost demand is weak. It is expected that the PVC market will be difficult to find good in the short term, and the market will continue to be weak.

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The price of ethylene outer market fluctuated and rose this week

According to the monitoring data of the business agency, the external price of ethylene fluctuated and consolidated this week, rising slightly. The average price of ethylene at the beginning of the week was US $1176.25/t, and the average price of ethylene at the weekend was US $1187.75/t, up 0.98%. The current price rose by 5.55% month on month, and the current price rose by 66.35% year-on-year.

Benzalkonium chloride

Recently, the external ethylene market as a whole showed a volatile upward trend. The price of ethylene in Asia is stable. As of the 3rd, CFR Northeast Asia closed at US $1196-1206 / T and CFR Southeast Asia closed at US $1111-1121 / T. European ethylene market prices rose. As of the 3rd, FD northwest Europe closed at US $1226-1236 / T and CIF northwest Europe closed at US $1200-1208 / T. The price of ethylene in the United States is stable. As of the 3rd, the price is 806-824 yuan / ton. In the recent external ethylene market, the overall demand is OK, the shock is higher, the market trading atmosphere is good, and the transaction is positive.

Internationally: on November 3, the international oil price fell sharply. The settlement price of the main contract of WTI crude oil futures in the United States was US $80.86/barrel, down US $3.05 or 3.6%, and the settlement price of Brent crude oil futures was US $81.99/barrel, down US $2.73 or 3.2%. At the macro level, the Fed tightened monetary policy and reduced the scale of bond purchase. In addition, the US Energy Information Administration (EIA) reported yesterday that US crude oil inventories increased more than expected last week. Oil prices fluctuate, giving limited support to ethylene costs.

ferric sulfate (Poly ferric sulphate)

Recently, the styrene market continues to decline slightly. Crude oil and coal prices fell at the same time, bulk commodities followed the decline, raw material pure benzene continued to be reduced by a narrow margin, the current price difference in the market period was slightly smaller, the import cost and listing price cost were supported, and the overall negotiation atmosphere was light. The cost support of styrene was temporarily stable, some shipments were closed actively in the market price decline, and the selling price was allowed. The increase of bad news suppressed some bargain hunting replenishment transactions. It is expected that the styrene market will still open low and fall slightly in the short term.

Ethylene analysts of the chemical branch of the business agency believe that: at present, in terms of crude oil: the recent crude oil market has fallen, but the overall price of crude oil is still high, so the data analysts of the business agency expect the external price of ethylene to rise next.

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On November 3, the price of lithium carbonate continued to rise steadily

Price: industrial grade lithium carbonate 184800 yuan / ton, battery grade lithium carbonate 192600 yuan / ton

Azodicarbonamide (AC foaming Agent)

Analysis: the price of lithium carbonate continues to rise steadily. At present, the manufacturer’s inventory is relatively low, and the market demand is still rising. Due to relatively few transactions at high prices, the price of lithium carbonate has a positive trend, but the upward trend is slightly slow. With the coming of winter, affected by the cooling and production reduction in Qinghai, the output will be reduced, or the market will be dominated by destocking.

Forecast: the decrease of future market output will make the relationship between supply and demand still tense. It is expected that the price of lithium carbonate may still rise in the short term.

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The domestic urea price fell by 1.88% (10.25-10.29) this week

Recent urea price trend

Azodicarbonamide (AC foaming Agent)

As can be seen from the above figure, the domestic urea mixed price fell slightly this week, and the quotation fell from 3108.33 yuan / ton on October 25 to 3050.00 yuan / ton on October 29, a decrease of 1.88%, an increase of 73.62% over the same period last year. Overall, the urea market fell slightly this week, and the urea commodity index was 143.26 on October 29.

The cost support weakened, the downstream demand was general, and the urea supply decreased

From the manufacturer’s quotation, the mainstream ex factory price of domestic urea fell this week. Zhangzhou San’an urea is quoted at 3250 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; Shandong Ruixing urea quoted 3050 yuan / ton this weekend, down 130 yuan / ton compared with the beginning of the week; Guangzhou Bangyi urea is quoted at 3000 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week.

From the upstream and downstream industrial chain data, the upstream products of urea overall fell slightly this week: the price of LNG increased slightly, and the quotation increased from 6810.00 yuan / ton at the beginning of the week to 7293.33 yuan / ton at the end of the week, an increase of 7.10%, an increase of 102.59% year-on-year compared with the same period last year; The price of thermal coal fell sharply. The quotation fell from 2185.00 yuan / ton at the beginning of the week to 1505.00 yuan / ton at the end of the week, down 31.12%, up 147.95% year-on-year compared with the same period last year. The price of liquid ammonia increased slightly. The quotation increased from 5110.00 yuan / ton at the beginning of the week to 5183.33 yuan / ton at the end of the week, an increase of 1.44%, a year-on-year increase of 61.14% compared with the same period last year. The price of melamine in the downstream of urea rose slightly this week, from 19966.67 yuan / ton at the beginning of the week to 20333.33 yuan / ton at the end of the week, an increase of 1.84%.

From the perspective of demand: the peak of agricultural demand has passed, sporadic fertilizer supplement in some areas, rising industrial demand, increased demand for urea in downstream compound fertilizer and rubber plate plants, and the operating load rate of melamine enterprises remains high. Most of them follow up with the appropriate amount. In terms of supply, urea enters the centralized maintenance period, and the supply decreases. On the whole, the urea cost support is weakened, the downstream demand is weakened, and the urea supply is insufficient.

The future price of urea is bearish

In the first ten days of November, the domestic urea market may fluctuate and fall slightly. Urea analysts of business society believe that at present, urea has entered the centralized maintenance period, and the supply is tight, but the peak of agricultural demand has passed, the follow-up of industrial demand is mainly bargain hunting, and the future market price may fluctuate or fall slightly.

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In October, the price of domestic sulfuric acid fell by 1.34%

Recent domestic sulfuric acid price trend

Azodicarbonamide (AC foaming Agent)

As can be seen from the above figure, the domestic sulfuric acid market price fluctuated and fell this month. The quotation fell from 871.67 yuan / ton at the beginning of the month to 860.00 yuan / ton at the end of the month, down 11.67 yuan / ton, down 1.34%, up 116.35% year-on-year compared with the same period last year. On the whole, the sulfuric acid market fell this month, and the sulfuric acid commodity index was 133.85 on October 31.

The upstream support is good, the downstream market is boosted, and the purchase intention is general

Domestic sulfuric acid Market in October

manufactor October 1st October 19th October 31st

Heze river source 870 yuan / ton 950 yuan / ton 950 yuan / ton

Zou Ping Tianlu 720 yuan / ton 720 yuan / ton 700 yuan / ton

Liaocheng Huatong 660 yuan / ton 850 yuan / ton 850 yuan / ton

Changzhou Qinghong 1050 yuan / ton 1000 yuan / ton 950 yuan / ton

Changzhou Changjiang River 950 yuan / ton 850 yuan / ton 750 yuan / ton

Xiangcheng San’an 980 yuan / ton 980 yuan / ton 960 yuan / ton

From the manufacturer’s quotation, the prices of mainstream domestic sulfuric acid manufacturers have increased and decreased this month, the manufacturer’s inventory is general, and the downstream demand is good. The quotation of Heze Jiangyuan sulfuric acid at the end of the month is 950 yuan / ton, which is 80 yuan / ton higher than that at the beginning of the month; Zouping Tianlu quoted 700 yuan / ton at the end of this month, down 20 yuan / ton compared with the beginning of this month; Liaocheng Huatong sulfuric acid quoted 850 yuan / ton at the end of the month, an increase of 190 yuan / ton compared with the beginning of the month; Changzhou Qinghong quoted 950 yuan / ton at the end of the month, which fell by 100 yuan / ton compared with the beginning of the month; The quotation of Changzhou Changjiang River at the end of the month is 750 yuan / ton, which is 200 yuan / ton lower than that at the beginning of the month; The quotation of Xiangcheng San’an sulfuric acid at the end of the month was 960 yuan / ton, which decreased by 20 yuan / ton compared with the beginning of the month.

Melamine

From the perspective of upstream and downstream industrial chains, the upstream sulfur market has increased slightly recently. The quotation has increased from 1970.00 yuan / ton at the beginning of the month to 2123.33 yuan / ton at the end of the month, an increase of 153.33 yuan / ton, or 7.78%, a year-on-year increase of 125.89% compared with the same period last year. The cost support is good, which has a positive impact on sulfuric acid. The downstream formic acid market rose slightly. The quotation increased from 8016.67 yuan / ton at the beginning of the month to 8050.00 yuan / ton at the end of the month, an increase of 0.42%, a year-on-year increase of 265.91% compared with the same period last year. The downstream bromine market rose sharply. The quotation increased from 48250.00 yuan / ton at the beginning of the month to 69000.00 yuan / ton at the end of the month, an increase of 20750 yuan / ton, or 43.01%, and a year-on-year increase of 116.38% compared with the same period last year. The downstream market rose sharply, and the downstream has high enthusiasm for purchasing sulfuric acid. On the whole, the upstream and downstream products had a positive impact on the price of sulfuric acid this month.

Market outlook rose slightly

The domestic sulfuric acid Market in the middle and early ten days of November may rise slightly. The upstream sulfur price has risen slightly recently, with good cost support, the downstream bromine market has risen sharply, the downstream formic acid market has been consolidated at a high level, the downstream enthusiasm for purchasing sulfuric acid has been strengthened, and the product trend is upward under the contradiction between supply and demand. Sulfuric acid analysts of business society believe that under the influence of supply and demand and raw materials in Shandong market in the short term, the sulfuric acid market may rise slightly.

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Cost rise: chlorinated paraffin prices rose in October (10.1-10.29)

1、 Price trend

Sodium Molybdate

According to the monitoring data of business agency, the average ex factory price of domestic chlorinated paraffin 52 was 6500 yuan / ton on October 1 and 8133 yuan / ton on October 29. The price of chlorinated paraffin rose by 25.19% this month.

2、 Market analysis

This month, due to the continuous increase in the prices of liquid chlorine and liquid wax, chlorinated paraffin rose sharply with the price of raw materials. Due to high cost pressure and poor terminal demand, chlorinated paraffin is in a state of price without market. After the sharp rise, the operating rate of domestic chlorinated paraffin decreased and the plant production of enterprises decreased. At the end of the month, the price of raw materials fell, the cost support weakened, and the price of chlorinated paraffin decreased accordingly. As of October 29, the ex factory quotation of chlorinated paraffin 52 in Anhui was about 7500 yuan / ton, that in South China was about 7400-8600 yuan / ton, and that in Shandong was 7200-8500 yuan / ton.

Azodicarbonamide (AC foaming Agent)

In terms of raw liquid wax, the overall price of liquid wax rose this month due to the tight supply of liquid wax and the rise of crude oil. At the end of the month, due to the high price of liquid wax and strong resistance in the downstream, the rise was blocked in the short term. In terms of liquid chlorine as raw material, the price of liquid chlorine generally rose this month, and the trading in North China was good, and the enterprise quotation was 3500-4200 yuan / ton. At the end of the month, the liquid chlorine Market weakened and the price callback. The enterprise’s quotation was 2000 yuan / ton. The price of liquid chlorine may continue to decline in the short term.

3、 Future forecast

Analysts of chlorinated paraffin in business society believe that the price of chlorinated paraffin continues to rise due to the sharp rise in the price of raw materials this month. After the cost price fell, chlorinated paraffin enterprises mostly reduced the price. At present, under the condition of weakened raw material support and poor market demand, the price of chlorinated paraffin is expected to be stable and downward in the short term. It is suggested to pay attention to the change of raw material price.

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In October, the price of lithium carbonate slowed down and continued to grow steadily in the short term

According to the price monitoring of the business community, the market price of industrial grade and battery grade lithium carbonate in East China was in a continuous upward trend in October 2021, but the rise rate slowed down significantly. As of October 28, the average price of industrial grade lithium carbonate in East China was 180600 yuan / ton, which increased by 7.63% compared with the average price at the beginning of the month (the average price of industrial carbon in East China was 167800 yuan / ton on October 1). On October 28, the average price of battery grade lithium carbonate in East China was 188400 yuan / ton, which increased by 7.53% compared with the average price at the beginning of the month (the average price of carbon in East China was 175200 yuan / ton on October 1). Until the 28th, the comprehensive price of industrial grade lithium carbonate was 182000-188000 yuan / ton, and the comprehensive price of battery grade lithium carbonate was 192000-205000 yuan / ton.

EDTA

From the observation of market changes, the price of lithium carbonate gradually stabilized after the National Day holiday. Due to the impact of the “dual control of energy consumption” policy, the production of downstream enterprises decreased significantly, so the demand decreased relatively, making the price of lithium carbonate rise slowly. In addition, the obvious delay in the expansion of iron lithium market and the lower than expected increase in demand are also one of the factors contributing to the slow rise in the price of lithium carbonate. Subsequently, the price of lithium carbonate continued to rise, and the upward range slowed down significantly. All enterprises showed a slight increase in the price quotation of lithium carbonate, and the slow upward trend continued until the end of the month.

At present, all enterprises are in the state of tentative quotation, with strong market wait-and-see mood and relatively few transactions. Due to the impact of power rationing, some downstream cathode material plants reduced their purchase volume, the purchase demand weakened, and the market pricing was in a game state, which relaxed the tension of industrial carbon and electric carbon shipment.

In terms of upstream raw materials, the impact of power rationing and geological disasters in many places in China at the end of September had a slight impact on lithium salt production. The output of lithium carbonate extracted from spodumene also decreased, while the output of lithium mica and Salt Lake changed little. In October, the impact of film restrictions gradually eased, the output increased relatively, and the relationship between market supply and demand was alleviated. On October 26, Pilbara company, one of the largest spodumene concentrate producers in Australia, held the third spodumene concentrate auction. The final auction price was set at US $2350 / ton, up 5% from the last auction price. According to the ore price, the cost of lithium carbonate increased to 172500 yuan / ton.

Sodium Molybdate

The price of downstream lithium hydroxide was stable at a high level in October, and the prices of upstream spodumene and lithium carbonate were high. There was some support on the cost side. On the supply side, most of the devices of mainstream production enterprises operated at a high level, the demand side was relatively stable, and the market operated smoothly. In the second half of the month, the cost side support was still strong, the tight supply situation was alleviated, and the focus of market negotiation was high and stable.

In terms of lithium iron phosphate, the market price was dominant in a narrow range in October, stable and strong, and the price continued to rise. Due to the strong upstream cost support, the rise did not decrease along the way. The downstream just needs procurement, and the transaction atmosphere is cautious. Due to the high focus of negotiation, the transaction atmosphere is strong.

According to the lithium carbonate analysts of business society, the supply of lithium carbonate market is still slightly tight, then the demand for lithium iron phosphate will begin to increase, and the domestic lithium salt production in Qinghai will decrease in winter. These factors will lead to a tight supply situation. It is expected that the short-term lithium carbonate price may continue to grow steadily.

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