Price trend
According to the Commodity Market Analysis System of SunSirs, as of the 19th, the price of EA was 5,623.33 RMB/ton, unchanged from the price of 5,623.33 RMB/ton on January 13th, and a decrease of 2.20% compared to the previous month. The main reason was that there was temporarily no fluctuation in the supply capacity of the supplier, and downstream demand followed up accordingly. The market supply and demand were relatively balanced, and the price of EA remained stable.
Analysis review
This week, the domestic EA plant has been running smoothly, with quiet news on the market. The prices of raw materials were mostly stable, with average cost support. Downstream production has weakened, and entry into the market has been followed up on demand. The supply and demand in the market were relatively balanced, and the EA market was adopting a wait-and-see attitude, with price trends stabilizing.
Market outlook
There was temporarily no fluctuation in the EA plant, and the market supply of goods remained stable. Downstream suppliers will replenish as needed before the holiday. The market transaction atmosphere was still good, and the news was quiet. It is expected that the price of EA will remain stable in the short term. Specific attention will be paid to changes in the supplier's plant and downstream follow-up.
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