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On August 8, the price of Qingdao STR20 rubber was $1,780/ton (up $5). Supply and demand are supported, but demand is weak, and short-term fluctuations are expected. -
Carbon black prices remained flat, raw material coal tar weakened, downstream demand was limited, and plant production capacity declined. Market conditions are expected to stabilize in the future.
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Titanium ore remains stable at a high level, titanium slag tender prices fall, downstream pressure is coming, and the titanium sponge and titanium dioxide markets are weak, with weak demand and transaction volume.
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Regional price divergence in the PP market, downstream purchasing driven by rigid demand, destocking of the two oil companies, increased national energy auction transactions, and the ongoing bull-bear game.
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PE spot prices are fluctuating slightly, downstream demand is sluggish, futures prices are volatile, inventories are declining, and short-term fluctuations are possible. Agricultural film demand is gradually picking up.
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The carbon black index and market price remained stable on August 6th. Raw materials, supply, and demand saw changes, and the market is expected to remain stable.
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Titanium ore and titanium dioxide prices are stable, titanium slag prices are declining, and demand for titanium sponge is weak; the market is cautious, production is insufficient, and competition is fierce.
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On August 6, Qingdao natural rubber STR20 prices remained stable. Domestic and international supply and demand fluctuated, and rubber prices may continue to rebound in the short term.
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The carbon black index remains stable, with prices varying across regions. Market pressure is increasing due to upstream and downstream factors, and the high price may fall this week.
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Domestic PE inventories fell slightly, spot prices diverged across regions, weak demand constrained prices, futures prices fluctuated, and short-term weak consolidation is expected.
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Domestic PP inventories fell slightly, futures and spot prices weakened, and insufficient downstream demand led to weak trading. A mix of bullish and bearish factors suggests a potential for weak and volatile trading in the short term.
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Natural rubber spot prices rose. Supply varied between Thailand, Vietnam, Yunnan, and Hainan. Demand and production were limited, resulting in volatile futures prices and rising short-term bearish sentiment.
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The carbon black index and prices in many regions remained stable. Raw materials, supply and demand factors influenced the market, with limited downstream delivery and increased transaction pressure.
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Major titanium ore producers control production, low-phosphorus ore is in short supply, and ordinary ore prices are falling; sponge titanium demand is weak, inventory is increasing, and titanium dioxide supply and demand imbalance and price drop.
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Polyolefin inventories of crude oil and oil increased by 50,000 to 800,000 tons, spot prices fell by 10-30 yuan, demand was diverging, and trading was weak.
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