Liquefied gas prices hit a new high in the year, and phosphoric acid prices pulled back
Qin Wei
(The author is a senior technical expert of ceramic glaze)
Recently, the domestic liquefied gas market is still the above behavior, and the northern and southern markets have risen to varying degrees. The price of ceramic terminal gas has exceeded 6 yuan per flat. In October, the domestic liquefied gas market continued its September rally, and prices continued to climb higher, breaking through the highest point of the year, but prices fell back at the end of the month. The average price of liquefied gas in the Shandong market on October 1 was 5273.33 yuan / ton, and the average price on October 28 was 6224.00 yuan / ton. During the period, there are several main positive points, one is the high rise in international crude oil prices is good for the market mentality, followed by the introduction of CP propylene in October to bring a significant boost to the domestic market, and finally the impact of peak season factors, the northern weather cooling is obvious, terminal demand has been significantly improved, the market transaction atmosphere is mild, the manufacturer's mentality is firm, and the price continues to rise. However, at the end of the month, the domestic liquefied gas market continued to rise with insufficient momentum, and the trend stopped rising and falling.
In terms of chemical raw materials, the price of phosphoric acid plummeted, falling by 27% in the month, the market center of gravity fell sharply, and the price adjustment of enterprises was huge. National Day holiday returned, the phosphoric acid market line ran downwards, the high price of enterprises gradually lowered below 20,000 yuan, most enterprises did not report, enterprises mostly adjusted the quotation according to their own inventory status, the main supply to old customers. However, affected by the power ration in Guizhou, the market price of yellow phosphorus stopped falling and rebounded, the phosphoric acid market stopped falling and stabilized, near the end of the month, enterprises held more early quotations, and some of the higher quotations continued to be lowered, and the lowest price is now 10,000 yuan, and a small number of enterprises have slightly raised their quotations. At present, the downstream or limited electricity production limit impact, the demand increase is not obvious, the demand side support is general, the bearish factor in October is obvious, and the price of phosphoric acid has fallen sharply. At present, the quotation in Jiangsu is 10,000-12,500 yuan / ton, the sichuan region is quoted at 14,000-15,000 yuan / ton, the Yunnan region is quoted at about 14,900 yuan / ton, and the Hubei region is quoted at about 14,000-16,000 yuan / ton.
Overall, although the price of thermal coal has fallen recently, the price of some materials has shown a two-end trend. The new high price of liquefied gas has led to a sharp rise in the cost of terminal gas, including the situation in Guangdong and Guangxi, which is likely to break through the range of 7 yuan per flat in the year. Even if ceramic manufacturers have raised the price of terminal brick products, the doubling of fuel costs has directly eaten up the space for the price increase of previous products, so the production lines opened in some production areas at the end of the month are facing huge production losses. In addition, the price of phosphate products has declined, for a reasonable value return of the previous surge, the subsequent relevant ceramic additive products have resumed supply, the product price should be a phased correction.
(Original article, please do not reprint without authorization)