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Electricity and output reduction, and the market for synthetic ammonia is on the rise.
Time:2018-08-10   Read:611second  

The recent high temperature and rainfall weather caused the fluctuation of plant installations relatively frequent, and the price adjustment of manufacturers was relatively cautious. Since the end of the week, the market has been turning up and down. What are the main factors? How will the latter trend develop? First of all, in the face of this price increase, there are two positive factors.


On the one hand, the local market is affected by the high temperature, manufacturers export reduction, the overall market supply and demand relationship to ease. Taking Shandong Province as an example, the daily supply is about 3760 tons in early August. So far, the total supply of Jinlian is 3050 tons, reducing the supply of 710 tons, including plant overhaul, malfunction, production conversion and environmental protection. The mainstream price has increased by 100 yuan / ton since the weekend, and the mainstream price is 2880-3030 yuan / ton cash. In other areas, there is also a sense of inflation and a slight increase in transaction prices.


On the other hand, the early methanol market was very good, due to the high volatility of futures, the northwest guide price rise transmission, the mainland consumer market prices substantially follow up, the overall atmosphere is strong, spot mostly hedging futures market operation, market supply and demand has not changed significantly, so the industry is more cautious.


But it can not be ignored. At present, the methanol market trading atmosphere is slightly weaker than the previous period, because the price is at a high level, the downstream delivery capacity is not good, Shandong Shandong, Shanxi, a few down, the overall delivery atmosphere weakened. The volume is small. In the short-term market, there is no significant change in the supply and demand side of the methanol market, the manufacturers'inventory is low, the downstream demand is general, and the current market is mainly cautious operation. But the demand of synthetic ammonia downstream has not improved obviously. The price of urea has not fluctuated obviously, but the mainstream is relatively low. In addition, the profit of synthetic ammonia market is higher than that of urea because of the slight increase of synthetic ammonia market. Part of the ammonia enterprises are still being servicing and parking. In addition, downstream trade in a short period of time to choose low-priced, cross-provincial delivery or some manufacturers to send early low-priced orders, the market still has low-end source circulation. The overall situation is general, some manufacturers have a slight inventory, weakness, the overall manufacturers price adjustment is still more cautious, the market is expected to adjust in the short term, part of the smooth movement of goods has the possibility of lower prices, close attention to the manufacturers of goods.

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