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Commodity rise and fall forecast

Commodity rise and fall forecast

  • Categories:Industry News
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  • Time of issue:2023-08-02 10:28
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(Summary description)

Commodity rise and fall forecast

(Summary description)

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2023-08-02 10:28
  • Views:
Information

The latest price of phenol (July 26) : 7687.5 yuan/ton bullish market

Analysis points: The domestic phenol market continued to rise on the 26th, and the negotiated price of phenol in East China was referenced at 7650-7700 yuan/ton. Due to the limited supply of goods in transit, the port inventory is less, and the tight situation in the field has not been alleviated. Raw material pure benzene price rise to pull the good, phenol factory quotes up support, traders report high prices, terminal high prices chase into caution, just need to replenish, the trading atmosphere is flat.

Afternoon forecast: It is expected that the domestic phenol market will push up the price tomorrow, and the East China phenol market price reference is 7700-7750 yuan/ton.

Sulfur latest price (July 26) : 853.33 yuan/ton after the market consolidation

Key points of analysis: Domestic sulfur market finishing operation, the price decreased slightly. Refinery equipment is operating normally, supply is stable, manufacturers are shipping positively, downstream follow-up is weak, purchasing and buying in the market follow up on demand, the overall market trading is general, refineries are shipping more stable prices, some enterprises are not good, in order to promote the price of sulfur. In the long run, the terminal industry has insufficient new orders and limited downstream support.

After-market forecast: after-market sulfur market consolidation operation, specific attention to downstream follow-up.

The latest price of lithium hydroxide (July 26) : 322500.00 yuan/ton future bearish

Aalysis point: The recent domestic industrial grade lithium hydroxide market is weak, down 1.53% compared with the previous trading day, down 3.01% compared with the price on July 1. At present, the support from the upstream lithium carbonate market is insufficient, the shipment of enterprises is mainly based on long association orders, the downstream demand is light, the inquiry procurement is just needed, the market trading atmosphere is flat, and the wait-and-see atmosphere is strong.

Future market forecast: It is expected that in the short term, the domestic lithium hydroxide market will mainly be weak, and more attention needs to be paid to market news guidance.

The latest price of petroleum coke (July 26) : 1984.00 yuan/ton after the market finish

Key points of analysis: On the 26th, the shipment of petroleum coke in Shandong was stable, and the refineries mainly executed the previous orders, the price was stable as a whole, and some enterprises lowered 50 yuan/ton. Near the end of the month, the next hot money tight, coupled with the early refining of petroleum coke prices continued to rise, high prices, downstream receiving cautious, on-demand procurement.

Future forecast: In the near future, refining petroleum coke or weak consolidation.

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