Price trend

According to the Commodity Market Analysis System of SunSirs, as of the 31st, the price of EA was 5,746.67 RMB/ton, an overall increase of 0.17% compared to the price of 5,736.67 RMB/ton on December 21st. The main reason was the narrow fluctuation of the supplier's capacity utilization rate and the unstable mentality of the factory, which led to the continuous fluctuation of the price of EA.

Analysis review

In late December, there were narrow fluctuations in domestic EA plants, with Anhui Ruibai plant load adjustment and Jiangsu Sope load increase, resulting in changes in on-site supply. However, downstream market enthusiasm was weak, mainly based on demand, and the raw material market was weak, with insufficient cost support. The EA market mentality was unstable, and the price market was stagnant and operating.

Market outlook

In the future, there will be little change in the EA plant, and the market supply of goods will remain stable. However, the enthusiasm of downstream buyers to enter the market is not high, and market transactions are limited. The news is mainly bearish, and it is expected that the price of EA will be weaker in the short term. Specific attention should be paid to changes in the supplier plant and downstream follow-up.

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