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    Home > Chemial News > Echemi Analysis > Market Analysis - Monthly Report - July, 2020 - Xylitol

    Market Analysis - Monthly Report - July, 2020 - Xylitol

    Echemi 2020-08-04

    Overview

     

    Domestic corn prices are strong and accompanied by an upward trend, single downstream demand is not warm, the price is difficult to rise.

     

    xylitol_price

     

     

    Analysis of domestic situation



    FACTORS OF INFLUENCE

    HIGHLIGHTS

    JUDGMENT

    FACTORY OPERATING RATE, INVENTORY AND PRESSURE

    Construction started normally. Zhejiang Huakang, Anyang Yuxin, Shandong Futian, etc. are currently only starting 40% -50%, but the inventory is normally high and Longli ’s inventory pressure is still small

    Good

    MARKET DEMAND

    Price volatility, weak market demand, strong wait-and-see mood

    Bearish

    MARKET MENTALITY

    Fierce market competition, serious competition for customers, mainly deal

    Bearish

    FACTORY FALLING PRICE MENTALITY

    The vacant market share is large, the factory is uneven, and each low price competes for the share

    Bearish

    UPSTREAM RAW MATERIALS

    Starch sales quotations are generally raised, and downstream is cautiously chasing after rising

    Good

    INDUSTRY EVENTS

    European production cut

    Good

    COMPREHENSIVE JUDGMENT

    Manufacturers' inventory returned to normal. Although the upstream prices were firm, market demand was weak. The prices were running smoothly as various manufacturers traded to compete for share.

    Bearish



    In the fourth week of July, the weather improved in the growth stage of American corn, and the negative effect of high-yield expectation coexisted with the beneficial effect of China's expansion of imports. CBOT corn futures price continued to fall under the influence of bad weather. At present, the US corn futures price fell to the low range of 320-330 cents before the area report. In the 9th week, 3974200 tons of temporary storage corn were sold, which continued the characteristics of high turnover and high premium. The high price of auction continued the bullish sentiment of traders, and helped to maintain high market expectations in production areas and ports. However, it should be noted that after entering July, the first two rounds of temporary storage corn delivery period is approaching. In the case of still profitable, the outflow of temporary storage grain has increased in the near future, and the grain quantity of deep processing trade has increased, and the phased supply of corn market tends to be enlarged in August. Last week, corn increased its position in January and rose by more than 2% in September. In the night trading session, corn contracts in the near and far months continued to rise, and bullish sentiment continued to spread. Up to now, the auction has lasted for 9 weeks, the transaction is hot, the premium is constantly high, and the cost factor provides support for the corn market. At present, the corn futures prices are soaring, and the futures prices of various agricultural products are linked up, and the price range of related commodities is gradually rising. On the whole, the high premium of corn and starch Market, the expansion of imports, the auction of old rice and other short-term factors coexist, short-term corn period, the current market continued strong performance.Current domestic manufacturers offer:

     

     

    FACTORY NAME

    FACTORY PRICE (USD)

    CHANGE (COMPARED TO LAST WEEK)

    DEVICE CAPACITY

    DEVICE OPERATION STATUS

    SHANDONG FUTIAN

    2900-2950

    Flat

    30000Tons / year

    20Tons / day

    ANYANG YUXIN

    2800-2900

    Flat

    20000Tons / year

    10Tons / day

    SHANDONG LONGLI

    /

    Flat

    25000Tons / year

    6Tons / day

     

     

    Summary and Forecast

     

    According to the fundamental situation of market supply and demand, it is believed that the logic of the bull market in the starch market is transformed from the supply side to the demand side. The negative impact of the demand-side epidemic on the economy and consumption cannot be ignored. Before proceeding, trade with caution. In summary, the overall domestic food grade xylitol market is still weaker than the market price, and downstream sales are difficult. The downstream customers purchase because of the epidemic and the market transactions are generally. It is expected that the food grade xylitol market will remain low in the short term.


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