SunSirs: Bullish Factors Appear, Paraformaldehyde Rises Slightly

SunSirs: Bullish Factors Appear, Paraformaldehyde Rises Slightly

  Price trend  According to the monitoring of SunSirs, the average price of paraformaldehyde in last week was 5,333 RMB/ton, and the average price of paraformaldehyde in this week (8.16-8.19) was 5,366 RMB/ton, an increase of 0.63%.  Analysis review  On August 16, Shandong Aldehyde Chemical Co., Ltd., with an annual output of 30,000 tons of paraformaldehyde, the ex-factory price…

SunSirs: The Price of Lithium Carbonate Continues to Rise, and It May Continue to Be Bullish in the Short Term

SunSirs: The Price of Lithium Carbonate Continues to Rise, and It May Continue to Be Bullish in the Short Term

  Price trend  According to the data monitoring of SunSirs, the price of industrial-grade and battery-grade lithium carbonate continue to rise this week, and the increase is relatively large. On August 18, the average price of industrial-grade lithium carbonate in East China was 100,200 RMB/ton, which was a 4.59% increase compared with the beginning of the week…

100 Spot Commodities Price Chart  – 18/08/2021

100 Spot Commodities Price Chart – 18/08/2021

It was assessed by SunSirs that in the tracked 100 spot commodities,21 commodities increased in prices, 25 fell and 54 remained unchanged on 18/08/2021.The largest rises were Coke (4.23%),Coking coal (2.70%),Maleic anhydride (2.33%),while the largest falls were Palm Oil (-3.16%),Nickel (-1.76%),LPG (-1.37%). CommoditySectors 08-1708-18ChangeCokeEnergy2,838.002,958.004.23%Coking coalEnergy2,466.672,533.332.70%Maleic anhydrideChemical11,466.6711,733.332.33%Metal SiliconNon-ferrous metals18,741.6719,100.001.91%AcetoneChemical5,800.005,900.001.72%LDPERubber & plastics11,137.5011,325.001.68%Calcium carbideChemical5,200.005,266.671.28%Cotton LintTextile18,412.3318,564.500.83%Sodium metabisulfiteChemical2,366.672,383.330.70%Natural rubberRubber &…

Shanghai Copper Futures Prices Fell Sharply, Refreshing Their Lows in the Past Two Months

Shanghai Copper Futures Prices Fell Sharply, Refreshing Their Lows in the Past Two Months

  Internal and external trends: LME copper fluctuated downward today. As of 15:00 Beijing time, the three-month LME copper price was USD 8,927 per ton, down 1.42% daily. Shanghai Copper’s main 2109 contract fell sharply, with a maximum of 68,500 yuan/ton, a minimum of 66710 yuan/ton, and a closing price of 66,790 yuan/ton, down 3.08% from…

Shanghai Zinc Fluctuates and Declines, U.S. Index Continues to Rise

Shanghai Zinc Fluctuates and Declines, U.S. Index Continues to Rise

  Internal and external trends: LME zinc continued to decline. As of 15:08 Beijing time, it was reported at US$2,975/ton, a daily drop of 0.35%. Shanghai Zinc’s main 2109 contract fluctuated and declined, with daily trading at 22,655-22,400 yuan/ton and closing at 22,420 yuan/ton in late trading, down 0.97% from the closing price of the previous…

SunSirs: Shanghai Lead Closed up 0.91% on August 19

SunSirs: Shanghai Lead Closed up 0.91% on August 19

  The U.S. dollar index hit a new high in nearly three months on Wednesday night. Although it closed basically flat, the international metal market generally fell last night, and lead did not rise slightly. The Shanghai lead oscillated slightly upwards in early trading today. As of August 19, the settlement price of the main contract…

SunSirs: Poor Cost Support, China PET Market is Weak

SunSirs: Poor Cost Support, China PET Market is Weak

  According to the data monitored by SunSirs as of August 19, the average price of pet water bottle manufacturers was 7,300.00 yuan / ton, and the domestic pet market was weaker. Compared with the same period last week, the price fell by 1.35%, or 100 yuan / ton. The pet market trend was weak.  This week,…

100 Spot Commodities Price Chart  – 19/08/2021

100 Spot Commodities Price Chart – 19/08/2021

It was assessed by SunSirs that in the tracked 100 spot commodities,19 commodities increased in prices, 34 fell and 47 remained unchanged on 19/08/2021.The largest rises were Acetone (3.81%),Coking coal (2.63%),Phenol (2.26%),while the largest falls were Iron ore (-5.42%),PTA (-3.92%),Natural rubber (-2.95%). CommoditySectors 08-1808-19ChangeAcetoneChemical5,900.006,125.003.81%Coking coalEnergy2,533.332,600.002.63%PhenolChemical8,840.009,040.002.26%CementBuilding materials455.20464.201.98%Soda ashChemical2,187.502,225.001.71%Ethylene oxideChemical7,700.007,800.001.30%AnilineChemical10,766.6710,900.001.24%Metal SiliconNon-ferrous metals19,100.0019,283.330.96%Lead ingotNon-ferrous metals15,291.6715,408.330.76%Palm OilAgricultural & sideline…

SunSirs: Dichloromethane Market Rose Slightly This Week (August 16-20)

SunSirs: Dichloromethane Market Rose Slightly This Week (August 16-20)

  Price trend  According to the data monitoring of SunSirs, the dichloromethane market rose slightly this week (8.16-8.20). As of August 20, the average price of dichloromethane in Shandong was around 4,192 RMB/ton, an increase of 1.39% from 4,135 RMB/ton at the beginning of the week.  Analysis review  The overall operating rate of domestic methane chloride plants dropped slightly…

SunSirs: Under the Support of Raw Materials, the Epoxy Resin Market Continued to Rise

SunSirs: Under the Support of Raw Materials, the Epoxy Resin Market Continued to Rise

  Price trend  After the domestic epoxy resin market stabilized for a period of time, it rose again this week, and low prices were hard to find. As of August 20th, the liquid epoxy resin market in East China was up 1,000-1,500 RMB/ton as a whole, and the ex-factory price of liquid epoxy resin in barrels was…

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