Recent downturn in the activated carbon market

According to the monitoring of the commodity market analysis system of Business Society, the price of activated carbon was 11933 yuan/ton on June 17th, and the price at the end of the month was 11866 yuan/ton, a decrease of 0.56%.

 

The quotes from domestic activated carbon manufacturers are stable, with some prices falling, and the market transaction atmosphere is lukewarm. The ex factory price of activated carbon for coconut shell water purification in East China ranges from 9500 to 12500 yuan/ton, and the downstream market is currently in the stage of destocking, with a focus on post holiday market transactions.

 

Coconut shell charcoal has a certain amount of sales in areas such as gold extraction, water purification, and filter cartridges, especially gold charcoal, which receives more inquiries from the African market; The supply of fruit shell charcoal with medium to low indicators is smoother. There is a recent rebound in imported carbonized materials, and the industry can pay more attention to it.

 

Prediction: There is no significant increase in trading volume in the activated carbon market, and it is expected that the price of activated carbon will mainly fluctuate within a narrow range in the short term.

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Limited demand follow-up, acrylic acid prices down

The acrylic acid market has been operating weakly recently. According to the Commodity Market Analysis System of Business Society, as of June 24th, the average quoted price of acrylic acid in East China was 6800.00 yuan/ton, a decrease of 0.91% compared to last Tuesday (June 18th).

 

Cost side:

 

According to the commodity market analysis system of Shengyishe, the downward trend in raw material propylene prices in the past week has weakened support for the acrylic acid market.

 

Supply and demand side:

 

In recent times, the supply side of the acrylic acid market has shown some support, but the demand side has dragged down the market. Downstream buyers mainly choose to buy at low rigid demand, with a cautious attitude towards purchasing high priced raw materials. Some companies are offering discounts to promote transactions, and the focus of negotiations in the acrylic acid market is stable, with a downward trend.

 

Future Market Forecast:

 

According to the acrylic acid analyst from Business Society, the current downstream demand in the market is generally followed up, with small orders being bought on demand. The market trading atmosphere is flat, and holders are actively shipping. It is expected that the acrylic acid market may be weak in the short term, and more attention should be paid to market news guidance.

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This week, the price of plasticizer DOP stopped falling and rebounded

This week, the price of plasticizer DOP stopped falling and rebounded

 

According to the Commodity Market Analysis System of Shengyishe, as of June 21, the price of plasticizer DOP was 10112.50 yuan/ton, a fluctuation decrease of 1.34% compared to the DOP price of 10250 yuan/ton on June 14; Compared to June 19th, the price of DOP has increased by 0.12%. The market for plasticizer raw material phthalic anhydride has stopped falling and stabilized, while the price of isooctanol first fell and then rose. The cost of plasticizers has stabilized, and this week the price of plasticizers has rebounded.

 

This week, the price of raw material isooctanol stopped falling and rebounded

 

According to the Commodity Market Analysis System of Shengyishe, as of June 21, the price of isooctanol was 9910 yuan/ton, a fluctuating decrease of 1.29% compared to the price of isooctanol on June 14, which was 10040 yuan/ton; The price of isooctanol has increased by 0.10% compared to 9900 yuan/ton on June 20th. This week, the price of isooctanol has stopped falling and rebounded. Downstream factories are facing difficulties in sales, and companies have average enthusiasm for raw material procurement. Shandong’s large factories have average shipments, while the price of isooctanol has declined narrowly, with downstream purchases mainly focused on small orders. Isooctanol manufacturers have poor shipments, and downstream customers have a strong demand for purchases, weakening the support for the rise of isooctanol.

 

This week, the price of raw material phthalic anhydride has stopped falling and stabilized

 

According to the commodity market analysis system of Shengyishe, the domestic market price trend of ortho phthalic anhydride has stopped falling and stabilized this week. As of June 21, the quoted price of ortho phthalic anhydride was 8062.50 yuan/ton, a decrease of 0.15% compared to the price of 8075 yuan/ton on June 14; Compared to the beginning of the month, the price of 8187.5 yuan/ton has decreased by 1.53%. The domestic quotation for ortho phthalic anhydride is 7800-8100 yuan/ton for factory delivery, while the domestic quotation for ortho phthalic anhydride is 7300-7600 yuan/ton for factory delivery. The operating rate of domestic phthalic anhydride is around 60%, and the spot supply of phthalic anhydride is stable. The purchasing situation of phthalic anhydride manufacturers is average. This week, the price of industrial naphthalene first fell and then stabilized. The market for naphthalene based phthalic anhydride is weak and stable, while the market for ortho benzene is stable. The market for ortho benzene based phthalic anhydride has slightly declined and then stabilized. This week, the market for phthalic anhydride has stopped falling and stabilized.

 

Future expectations

 

Business Society plasticizer product data analysts believe that this week, the price of raw material isooctanol has stopped falling and rebounded, the price of phthalic anhydride has stopped falling and stabilized, and the cost of plasticizer DOP has rebounded and adjusted; Downstream manufacturers are expected to rise, while demand for plasticizers is expected to rebound. In the future, the price of isooctanol has stopped falling and rebounded, the price of phthalic anhydride has stabilized, raw material costs have increased, downstream demand is expected to rebound, and the price of plasticizer DOP will fluctuate and rise in the future.

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Aluminum prices have declined in June, but have recently stopped falling and stabilized

Aluminum prices fell in June and have recently begun to stabilize. According to the Commodity Market Analysis System of Business Society, the average price of domestic aluminum ingots in the East China market on June 20, 2024 was 20463.33 yuan/ton, a decrease of 3.73% compared to the market average price of 21256.67 yuan/ton at the beginning of the month (June 1).

 

This week’s data shows that aluminum prices have stopped falling and stabilized, rebounding by 0.34%.

 

The price increase driven by cost and macro factors in the early stage is basically offset, and the sentiment in the aluminum ingot market is gradually returning to its original state. On the one hand, there is an expectation of volume increase on the supply side; Due to the steady resumption of production by Yunnan aluminum enterprises, the domestic electrolytic aluminum production capacity is at a relatively high level, with a monthly month on month increase of 300000 tons. On the other hand, on the demand side, there is a downward trend in the operating rate of aluminum rods. Coupled with market demand, there are not many new orders for photovoltaic modules and building profiles, which are lower than expected. There is a certain degree of mismatch between supply and demand, coupled with the strong fear of high prices in the market after the previous price increase, aluminum prices experienced a significant pullback in June. Recently, due to falling to the market game level and high aluminum prices outside Shanghai, the export window has opened, and the market has experienced a stabilization of the decline. It is expected that there is a high probability of continuing to improve in the short term.

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The ammonium sulfate market saw a significant increase in mid June (6.10-6.18)

1、 Price trend

 

According to the Commodity Market Analysis System of Business Society, the average price of ammonium sulfate in the domestic market on June 18th was 1033 yuan/ton, which is 961 yuan/ton higher than the average price on June 10th. The price of ammonium sulfate in the domestic market has increased by 7.45%.

 

2、 Market analysis

 

In mid June, the price of ammonium sulfate in China has significantly increased. The enterprise has stable production and sufficient market supply. Downstream procurement enthusiasm has increased, and market inquiries have increased. The rise in international market prices is beneficial for the domestic ammonium sulfate market. As the price of ammonium sulfate continues to rise, downstream customers are beginning to cautiously accept goods, and the upward trend of ammonium sulfate is slowing down. As of June 18th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 1045 yuan/ton. The mainstream ex factory quotation for ammonium sulfate in Shandong region is around 1030-1070 yuan/ton.

 

3、 Future Market Forecast

 

According to analysts from Business Society, the upward momentum of the ammonium sulfate market has slowed down recently, and the price of ammonium sulfate has adjusted narrowly. At present, there are still positive factors, but downstream caution has increased. It is expected that the domestic ammonium sulfate price will mainly fluctuate, consolidate and operate in the short term.

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