2023) – Amine Catalysts https://www.newtopchem.com The Leading Supplier of China Amine Catalysts Wed, 15 Feb 2023 06:40:06 +0000 zh-CN hourly 1 https://wordpress.org/?v=6.1.7 https://www.newtopchem.com/wp-content/uploads/2023/12/1.jpg 2023) – Amine Catalysts https://www.newtopchem.com 32 32 Nickel Price Rise and Fall Forecast (February 7, 2023) https://www.newtopchem.com/archives/42575 Wed, 15 Feb 2023 06:40:06 +0000 https://www.newtopchem.com/archives/42575   Key points of analysis: On February 6, the price fell 4.44% compared with the previous trading day, with a year-on-year increase of 28.36%. The strength of the US dollar led to the fall of metal in the internal market, and the sharp decline of nickel in the next week was 5.13%; Nickel production capacity release market supply is sufficient, nickel inventory has increased slightly, some downstream enterprises have been more active in stocking, procurement has increased, and spot transactions have increased significantly. However, some terminal enterprises have not yet recovered, and it is expected that they will almost return to normal at the weekend. In January 2023, a total of 29 ships were delivered from Philippine nickel mines, totaling about 1.5 million wet tons, a decrease of 21.1% month-on-month and a year-on-year increase of 16.5%. After the rainy season in Surigo, the Philippines, the shipment volume is at the low point of the year, and is expected to recover at the end of the first quarter. At present, there are 6 nickel iron vessels loading/waiting for loading in Indonesia’s main ports, which is 33.33% lower than that of the previous period. Downstream, the production of stainless steel and nickel sulfate slightly recovered in February, and there is still a certain demand for alloy electroplating.

  Future forecast: In February, the global refined nickel dominant inventory is still at a historical low, and the price rise elasticity is relatively large under the status of low inventory and low warehouse receipt. At present, the nickel futures price is still dominated by the capital game. Before the apparent recovery of the dominant inventory, the nickel price may still maintain a high and wide fluctuation.

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Propane Aftermarket Price Trend (February 7, 2023) https://www.newtopchem.com/archives/42548 Fri, 10 Feb 2023 02:13:14 +0000 https://www.newtopchem.com/archives/42548   The latest price of propane (2-6): 6250 RMB/ton is predicted to be bearish in the future.

  Key points of analysis: the price of propane on February 6 fell by 2.72% compared with the price of the previous trading day. The international oil price has been lowered one after another, depressing the market mentality. At the same time, the market of liquefied petroleum gas (LPG) was weak, and the recent increase in the supply of propane at the port, the accumulation of on-site inventory, the performance of the downstream demand market was depressed, and the price of propane dropped from a high level.

  Future prediction: the supply side has increased significantly. In order to stimulate the purchase of goods, it is expected that propane will still have downward space in the short term.

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