According to the monitoring of the business agency, the current price of activated carbon is 11150 yuan / ton, which is temporarily stable.

Products: the price of domestic activated carbon is stable temporarily. At present, the ex factory price of activated carbon for coconut water purification in East China is about 7000-12000 yuan / ton. The domestic activated carbon market orders on demand, and it will take time for the market to recover.

Industry chain: the cost pressure of coconut shell, fruit shell, charcoal and other main raw materials in the upstream of activated carbon is supported, and the demand is acceptable; the cost support of coal-based carbon raw materials is weak. Downstream power, medicine and other demand industries purchase goods according to the single order. The market for purchasing activated carbon for air purification and water purification is favorable. Environmental protection policies boost the activated carbon market. The market lacks good news support, and the price is temporarily stable.

Forecast: the market of activated carbon will go according to the order, and it is expected that the short-term market of activated carbon will be dominated by weak operation.

1、 Price trend

Take the rutile titanium dioxide produced by sulfuric acid process, which has a large volume of goods in the domestic market, for example. According to the data in the bulk list of business agencies, the price of titanium dioxide is stable this week, with an average price of 15733.33 yuan / ton

2、 Market analysis

Product: the market price of titanium dioxide this week is generally stable. This week, international giants tenor and Como also sent letters to raise prices. Due to the severe situation of the international epidemic, the export of titanium dioxide will be affected, and the demand after the execution of previous orders has been partially contracted. But on the whole, the order receiving situation of enterprises in March is much better than that of last month, and the market inventory pressure is not big. At present, the factory price of rutile titanium dioxide, anatase titanium dioxide and chlorination titanium dioxide is 14900-16300 yuan / ton, 12300-14000 yuan / ton and 17500-21000 yuan / ton respectively.

Industry chain: the price of titanium concentrate in Panxi fell this week. Due to the substantial increase in the operating rate, the market supply has increased significantly, and the actual single price of some medium and concentrate suppliers has been reduced. The price of 38 titanium ore is 890-980 yuan / ton, 46, 10 titanium ore is 1500-1550 yuan / ton, 47, 20 titanium ore is 1500-1550 yuan / ton. According to analysts of titanium concentrate of business association, as the market starts to go higher, the market supply tension is eased, and the actual single price operation of miners is more flexible. In the short term, the real price of titanium concentrate will be weak and stable.

3、 Future forecast

Titanium dioxide analysts believe that: this week domestic titanium dioxide market price stability. Under the influence of international forms, the influence on the export market in the later period will gradually appear. At present, the domestic market situation has improved, the operating rate of downstream enterprises has obviously rebounded, and the domestic demand inquiry has increased. In the short term, when the stock pressure in the market is not great, the actual price of the goods holder may continue to be firm and stable, and the actual transaction price is dominated by a single negotiation.

1、 Price trend

According to commodity data monitoring, the price of Yungui yellow phosphorus fell this week. The average price of yellow phosphorus at the beginning of the week was 17566.67 yuan / ton, and the average price at the end of the week was 17266.67 yuan / ton. The price fell within the week by 1.71%.

2、 Market analysis

Product: yellow phosphorus market price fell this week. At present, the operating rate of yellow phosphorus market has slightly increased, and the market has increased. However, the enthusiasm of downstream construction is still not high, the market purchase is not warm, and the price of yellow phosphorus is slowly declining. At present, the main quotation of yellow phosphorus in Yunnan is about 17000 yuan / ton. The price in Guizhou is about 17000 yuan / ton. The quotation in Sichuan is about 17800 yuan / ton. The overall market performance is poor, the downstream procurement is more cautious, and the traders mainly wait and see.

Industry chain: upstream, phosphorus ore market fluctuated slightly this week, with overall stable operation as the main factor. At present, the phosphate ore market in Guizhou has basically recovered, but the operating rate of production enterprises is not high, and the production with low and medium load is mainly for self use. It is expected that the phosphorus ore market will remain weak and stable in recent days. Panzhihua coke (secondary metallurgical coke) market price, the mainstream price in 1830 yuan / ton, is expected to maintain stability in the short term. Downstream, the phosphoric acid market is still not improving, and the price of phosphoric acid in Yunnan, Guangxi and other places has been reduced. Phosphate Market operation rate is not high, enterprises temporarily wait and see the market, the current order contract based.

3、 Future forecast

According to the yellow phosphorus analyst of the chemical branch of business society, the yellow phosphorus market price fell this week, the overall market of yellow phosphorus was light, and the downstream demand was insufficient, so it was difficult to form a strong support for the market. It is expected that the weak operation of yellow phosphorus price will be the main factor.

1、 Price trend

Take the rutile titanium dioxide produced by sulfuric acid process, which has a large volume of goods in the domestic market, for example. According to the data in the bulk list of business agencies, the price of titanium dioxide is stable this week, with an average price of 15733.33 yuan / ton

2、 Market analysis

Product: the market price of titanium dioxide this week is generally stable. The price of domestic rutile titanium dioxide is 14900-16300 yuan / ton, that of anatase titanium dioxide is 12300-14000 yuan / ton, and that of chlorination titanium dioxide is 17500-21000 yuan / ton. At present, the downstream enterprises of titanium dioxide return to work in a large area, the work rate is still rising, domestic demand is improving, and domestic trade orders are increasing gradually.

Industry chain: the market price of titanium ore is basically stable this week. The operating rate of middle titanium ore in Panxi area is higher, and the market price is slightly loose. 38 titanium middlings are priced at 980-1030 yuan / ton, 46, 10 titanium ores are priced at 1550-1650 yuan / ton, 47, 20 titanium ores are priced at 1500-1550 yuan / ton. According to the analyst of titanium concentrate of business association, the demand for titanium concentrate is generally good as the operation rate of downstream titanium dioxide producers increases gradually. In the short term, the real single price of titanium concentrate is stable, and the high-level operation is the main factor. Downstream enterprises returned to work in large areas, increasing demand for titanium dioxide.

3、 Future forecast

Titanium dioxide analysts believe that: this week domestic titanium dioxide market price stability. At present, the downstream enterprises of titanium dioxide are back to work in large area, and the downstream stock starts to increase. Compared with the earlier stage, the enterprise’s stock taking has improved. In the short term, the market price of titanium dioxide has been stable, and the actual operation is a single discussion.

1、 Price trend

According to the data in the business club’s large list, the domestic market price of isomeric xylene fell sharply this week, as of Friday, down 7.22% month on week.

2、 Analysis and comment

1. Products: The overseas epidemic continues to spread, worrying about the shrinking demand for crude oil due to the economic recession, and adding OPEC + production increase expectations. Affected by this, the price of international crude oil fell sharply this week, as well as the price of xylene in the Korean market, the main source of imports. Although domestic enterprises gradually enter the resumption period and the market demand gradually improves, the price of domestic isomeric xylene still follows the decline. At present, in East China The main price is about 4600 yuan / ton.

2. Industrial chain:

Upstream, in terms of crude oil, the international oil price maintained a wide and volatile trend after plummeting at the beginning of this week. As of Friday, Brent futures fell 32.31%, Brent futures fell 28.09%, WTI futures fell 22.96% and Dubai futures fell 32.74%.

Downstream, in PX market, this week, the price of domestic Sinopec’s enterprises is about 5500 yuan / ton, and the latest price on the outside market is about 593 US dollars / ton for FOB South Korea and 611 US dollars / ton for CFR China. It is expected that PX market price will stabilize next week. In terms of PTA market, the price of domestic PTA spot market is about 3850 yuan / ton, and the price of external market is about 499 US dollars / ton CFR China. It is expected that PTA price will stabilize and rebound next week. In the ox market, Sinopec’s price of o-benzene fell, with the price at 5000 yuan / ton. The external price of o-benzene is about 625 US dollars / ton FOB South Korea. It is expected that o-benzene will stabilize and rebound next week.

3、 Future forecast

According to xylene analyst of business and chemical branch, we will continue to focus on the news of OPEC + production reduction agreement next week, worries about the global economy due to the continuous spread of overseas epidemic, the trend of international crude oil and the progress of downstream enterprises’ resumption of work. On the whole, it is expected that xylene prices in the international crude oil market and South Korean market will rebound next week, adding that domestic enterprises will gradually enter the resumption period, and the market demand will gradually improve. In the next week, xylene prices in the domestic market will stabilize and rebound. However, in the environment of high inventory of xylene industry and not smooth recovery of industrial chain, it is not optimistic to expect the rebound range.

1、 Price trend

According to the price monitoring of the business agency, the ex factory price of urea in Shandong Province rose first and then fell this week. The price of urea rose from 1813.33 yuan / ton at the beginning of the week to 1816.67 yuan / ton on March 11, an increase of 0.18%, and then fell to 1813.33 yuan / ton at the end of the week, down 5.49% compared with the same period last year. Overall, this week’s urea market was higher, with the urea commodity index at 84.34 on March 13.

2、 Market analysis

Products: this week, the main urea factory prices in Shandong have risen and fallen. The weekend price of Yangmei plain urea is 1790 yuan / ton, which is temporarily stable; the weekend price of Shandong Ruixing urea is 1810 yuan / ton, which is 10 yuan / ton lower than that at the beginning of the week; the weekend price of Mingshui chemical urea is 1840 yuan / ton, which is 10 yuan / ton higher than that at the beginning of the week.

Market demand: the current domestic market is mainly volatile. The demand for agriculture decreased, and the downstream industry made up for the low price. In terms of supply: at present, the start-up of urea enterprises continues to rise, and the overall supply has risen, while the logistics and transportation are normal, and the inventory pressure has eased, but the enthusiasm of downstream manufacturers is relatively low. The short-term urea market is expected to fluctuate slightly.

Industry chain: the overall price of upstream products seems to have risen significantly: the price of natural gas rose slightly, with the quotation rising 1.38% from 3136.67 yuan / ton at the beginning of the week to 3180.00 yuan / ton at the end of the week, down 20.37% compared with the same period last year; the price of liquid ammonia rose significantly this week, from 2916.67 yuan / ton at the beginning of the week to 3250.00 yuan / ton at the end of the week, up 11.43%, up 2.52% compared with the same period last year, On the whole, the urea cost this week is relatively strong. This week, the price of melamine in the downstream of urea was temporarily stable, with the price of 5933.33 yuan / ton. The purchasing capacity in the downstream was average, which had a negative impact on the price of urea. In the aspect of the downstream rubber plate plant, the enthusiasm for urea procurement is also weak.

3、 Future forecast

In the middle of March, the urea market in Shandong Province may fluctuate slightly. Urea analysts of business association think that at present, agricultural demand is weak, and the downstream industry is less active in urea procurement. At present, the domestic market is not relatively good, and it is expected that the short-term urea market will fluctuate slightly.

1、 Price trend of lithium hydroxide:

(Figure: P value curve of lithium hydroxide product)

2、 Market analysis:

Product: according to the data of the business club’s large list, the average price of lithium hydroxide enterprises on March 13 was 57000 yuan / ton, which was the same as that of yesterday, and the focus of market negotiation was stable. In a three-month cycle, it fell 1.16% year-on-year. At present, the external quotation of industrial grade lithium hydroxide of Shanghai Yulun Industrial Co., Ltd. is 58000 yuan / ton, the external quotation of industrial grade lithium hydroxide of Shanghai Eugene Industrial Co., Ltd. is 58000 yuan / ton, and the external quotation of industrial grade lithium hydroxide of Zigong tongfarong Industrial Co., Ltd. is 55000 yuan / ton. The specific price will be discussed in a single way. At present, the mainstream price of industrial lithium hydroxide Market in China is around 55000-58000 yuan / ton.

On March 12, the lithium hydroxide commodity index was 135.71, unchanged from yesterday, down 64.43% from 381.48 (2016-09-12), the highest point in the cycle, and up 35.71% from 100.00, the lowest point on September 4, 2014. (Note: cycle refers to 2014-09-01 to now)

Industry chain: in the near future, the price of lithium carbonate market fluctuates slightly, with stability as the main factor. Some enterprises have adjusted their quotations, with ups and downs. In some areas, the operation rate is insufficient, the downstream operation is gradually getting better, the number of inquiries is increasing, and the transaction center of industrial lithium carbonate market is moving up in a narrow range. As of March 13, the average price of industrial grade lithium carbonate in East China is 44200 yuan / ton, and the average price of battery grade lithium carbonate in East China is 51200 yuan / ton.

3、 Future forecast:

According to analysts of lithium hydroxide of business association, the recent strong operation of the upstream lithium carbonate market supports the cost of lithium hydroxide. At present, the focus of market negotiation is stable. With the gradual opening of the overall lithium salt market, it is expected that in the short term, the industrial lithium hydroxide Market will be mainly consolidated and operated.

1、 Price trend:

On March 8, crude benzene commodity index was 63.81, flat with yesterday, down 51.60% from 131.84 (2013-01-28), the highest point in the cycle, and up 62.57% from 39.25, the lowest point on December 22, 2014. (Note: cycle refers to 2011-09-01 to now).

2、 Market analysis:

Domestic market: the focus of pure benzene negotiation this week is weak. On Tuesday, Sinopec reduced the price of pure benzene by 200 yuan / ton to 5150 yuan / ton, and the price of pure benzene continued to rebound. In terms of supply, the recent crude benzene supply picked up slightly compared with last week, the operating rate of coking enterprises picked up slightly, the operating rate of downstream hydrogenated benzene enterprises was still low, and the support for crude benzene was limited. As of Friday, the price of crude benzene in Shandong fell slightly to about 3850 yuan / ton.

Industry chain: crude oil: OPEC pushed forward production reduction at the beginning of the week, and oil prices rose in a downward trend. But later, it was reported that Russia still had differences, market concerns increased, and oil prices fell. Compared with February 28, Brent increased by 2.01% and WTI by 2.49%. Compared with the beginning of the year, Brent fell by 22.86% and WTI by 24.21%. Pure benzene: the focus of this week’s pure benzene negotiation is weak. On Tuesday, Sinopec reduced the price of pure benzene by 200 yuan / ton to 5150 yuan / ton. Northern region, the early price clearance, inventory pressure is now reduced, the market began to rise. Downstream: downstream styrene fell in shock. Friday’s price was 6600 yuan / ton, down 1.49% from last week. In order to promote the shipment of aniline, the price was lowered. The price in Shandong was 6700 yuan / ton, and that in Nanjing was 6900 yuan / ton.

3、 Trend Forecast:

The impact of social public events in foreign countries is still large, and there are still uncertain factors in the promotion of OPEC production reduction, so the rebound momentum is small. In terms of pure benzene, the price in East China is under pressure. There is still downward space for pure benzene. The cost pressure of downstream hydrogenated benzene enterprises is still the same. There is strong pressure on crude benzene, and the market pressure on crude benzene is still the same. It is expected to stabilize in the short term and slightly decline.

1、 Price trend

In February, the domestic liquefied gas (Shandong) market fell as a whole, with a trend of first falling, then rising and then falling. At the beginning of the month, the average price of the domestic LPG market was 4383.33 yuan / ton, and at the end of the month, the average price was 3700 yuan / ton, with a 15.59% drop in the price within the month, and the price was 7.88% lower than that of the same period last year.

2、 Analysis of influencing factors

Product: the price of domestic LPG market fluctuated in February. As of February 28, the outgoing price of LPG of SINOPEC Guangzhou Branch is 4010 yuan / ton, that of Sinopec Jingmen Branch is 4400 yuan / ton, that of Sinopec Shanghai Petrochemical Co., Ltd is 3920 yuan / ton, that of Sinopec Qingdao Refining & Chemical Co., Ltd is 3800 yuan / ton, and that of Sinopec Shijiazhuang Refining & Chemical Co., Ltd is 3550 yuan / ton. The price of Sinopec Luoyang Petrochemical LPG is 3850 yuan / ton.

In February, the liquefied gas (Shandong) market fell mainly, with large fluctuations during the period. At the beginning of the month, affected by public events, the Spring Festival holiday was extended, transportation was blocked, the downstream work resumed slowly, the terminal demand was reduced, the market transaction atmosphere was cold, the manufacturer’s shipment was blocked, and the inventory was gradually increased, so the production had to be controlled by production reduction or shutdown, and the price of liquefied gas was continuously lowered. In the middle of the month, the number of enterprises returning to work increased, the market demand increased, and the traffic and transportation recovered. With the continuous reduction of the price to the low level, the downstream market entered the market for staged replenishment, coupled with the significant increase of international crude oil, the market showed a continuous upward trend. But near the end of the month, with the rise of public events, international crude oil fell sharply, especially WTI crude oil fell to a new low in the past year. And in March, CP is expected to fall, which is a negative market mentality. The downstream market is mostly delisted and consumes inventory, and the wait-and-see is the main thing. The market transaction atmosphere turns weak, and liquefied gas falls into a downward situation again.

Saudi Aramco announced in March that the price of propane and butane were lowered. Propane fell to $430 / T, down $75 / T from last month, and butane to $480 / T, down $65 / T from last month. It is estimated that the c.i.f. cost of long-term propane is about 3810 yuan / ton, and butane is about 4196 yuan / ton.

Industry: according to the price monitoring of the business association, there are three kinds of commodities in the rise and fall list of bulk commodity prices in February 2020, among which one is more than 5%, accounting for 6.3% of the monitored commodities in the energy sector; the top three commodities are petroleum coke (26.38%), dynamic coal (2.09%) and coking coal (0.79%). There are 12 kinds of commodities falling on a month on month basis, and 7 kinds of commodities falling by more than 5%, accounting for 43.8% of the number of commodities monitored in the sector; the top three products falling are liquefied gas (- 15.59%), MTBE (- 15.56%), dimethyl ether (- 10.08%). This month’s average rise and fall was – 3.68%.

3、 Future forecast

In March, CP price was introduced, and propane butane fell sharply, which was a negative market mentality. At present, although the upstream inventory is controllable, but the downstream has not been fully resumed, and the terminal demand is still limited. In the short term or continue to be weak. In the long run, with the slow increase of resumption of work and the expected growth of demand, the market may have a rebound under the support of low supply.

1、 Price data:

According to the data monitoring of the bulk list of business associations, the domestic bromine market in February was weak and stable, and the average price of bromine in China remained at about 30277 yuan / ton, down 13.49% from the same period last year.

2、 Cause analysis

Products: in February, the domestic bromine market was in the traditional off market period, and the overall market operating rate was at a low level. Affected by the new crown epidemic, the enterprise started to postpone to March. At present, the industry’s inventory has been exhausted, the market supply is tight, but the downstream just needs to be flat, and the logistics and transportation just recovered. Therefore, the industry’s traffic and investment is light. At present, the mainstream enterprises offer about 29000-30000 yuan / ton.

Industry chain: this month, the upstream market of bromine in China is stable and rising, and the market operation is insufficient. At present, sulfur is about 506 yuan / ton, sulfuric acid is about 313 yuan / ton, caustic soda is about 602 yuan / ton, and soda ash is about 1553 yuan / ton. In the downstream, the market performance of flame retardants is relatively weak, the development of pharmaceutical and agricultural intermediates is relatively low, the overall rigid demand is weak, and the supply and demand are weak, which has a negative impact on the price of bromine.

3、 Future forecast

According to the bromine industry analysts of business association, at present, the domestic bromine market has been delayed and the spot supply is insufficient. Affected by the poor downstream demand, the overall supply and demand of the market are weak. It is expected that the market will maintain stable operation in the short term. After the two sessions and the epidemic, the market will usher in a turnaround.

1、 Price trend chart of nitric acid Market

 
Nitric acid price curve

 
According to the monitoring of business agency, the average price of nitric acid in East China at the beginning of this week was 1583 yuan / ton, while the average price at the weekend was 1550 yuan / ton, down 2.11%.

2、 Market analysis

Products: the prices of some concentrated nitric acid enterprises have declined, and Jiangsu Hongze Yinzhu chemical industry has stopped reporting; Anhui Jinhe Chemical Industry Co., Ltd. has offered 1450 yuan / ton, which is the same as last week; Wenshui County Synthetic Chemical Co., Ltd. has offered 1860 yuan / ton, which is the same as last week; Shandong helitai Chemical Industry Co., Ltd. has offered 1700 yuan / ton, which is 100 yuan / ton lower than last week; nitric acid market demand is light. The nitric acid enterprises started gradually, and the market supply recovered slightly.

Industrial chain: the demand for liquid ammonia continued to rise this week, with the increase of 7.51% this week. Downstream TDI, February 27 TDI East China market stable wait-and-see.

3、 Future forecast

Supported by raw material liquid ammonia, but the demand for nitric acid market is difficult to change. The nitric acid analyst of the business society expects that nitric acid may be adjusted as the main one.

1、 Price trend

According to the price monitoring of the business agency, the asphalt market price remained stable in February, and the asphalt price at the end of the month was 3420 yuan / ton, which was the same as that at the beginning of the month.

2、 Analysis of influencing factors

Product: in February, affected by the epidemic situation in China, the demand of asphalt market fell to a low point, but the operating rate of asphalt plant in refineries also fell to a low point. The overall supply and demand of asphalt market is low, and the market price is stable.

Industry chain: affected by the epidemic situation in China at the beginning of this month, domestic refineries reduced their operating rates, and domestic crude oil market demand fell sharply. Three major institutions, OPEC, EIA and IEA, simultaneously reduced the growth rate of global crude oil demand this year. In the late ten days, the new crown epidemic in other regions of the world, such as the Middle East and Europe, had a trend of spreading. The spread of globalization worried the market about future economic development. The price of international crude oil market is declining.

In the aspect of asphalt Market: the continuous decline of international oil price drags down the asphalt market, the prices of some refineries in South China are lower, the prices in Shandong and Hebei are basically stable, and the average market prices in Northeast China are basically stable. Demand for asphalt fell to the bottom in February, affected by the outbreak in China. Since the late ten days, with the gradual recovery of logistics and transportation, the refinery shipment has recovered, but the terminal project recovery is slow, and the asphalt demand is still light. In February, the supply and demand of asphalt market were low, and the market price remained stable.

3、 Future forecast

Lu Xingjun, an asphalt analyst at the business club, believes that the new crown epidemic continues to spread abroad, the trend of international oil price is unclear, and the demand for asphalt is still low in March, so it is expected that the asphalt price will continue to maintain stable operation if the change is not significant.

1、 Price trend

In February 2020, the domestic market of 1 × 1 tin ingots fell in shock. The average price in the domestic market was 141200 yuan / ton at the beginning of the month, and 137712.50 yuan / ton at the end of the month, down 2.47%.

On February 28, the tin commodity index was 70.15, down 0.42 points from yesterday, down 30.02% from the highest point in the cycle, 100.25 (2011-09-05), and up 63.67% from the lowest point, 42.86, on December 9, 2015. (Note: cycle refers to 2011-09-01 to now).

2、 Market analysis

Domestic market: this month, the spot tin market as a whole shows a fluctuating downward trend. Most of the enterprises began to return to work in the middle and late ten days. Most of the enterprises in Yunnan have resumed normal production, and the commencement is acceptable. Most of the enterprises in Jiangxi have resumed production at the end of the month, and some of them have left the factory. As of the 28th day, the quotation is 137000-138500 yuan / ton. In the last week, some parts of Shanghai will be replenished after the official resumption of work, but they just need replenishment, and the transaction atmosphere in the spot market is general. Up to the end of the month, the monthly coupon set under the Shanghai tin main force 2006 contract is 3600-3800 yuan / ton, and the ordinary Yunzi is around 3000-3500 yuan / ton. Small brand is around 135600-137000 yuan / ton.

Major domestic events:

National Bureau of Statistics: according to preliminary accounting, the annual GDP in 2019 increased by 6.1% over the previous year: according to the statement released on its official website on the morning of the 28th day of the National Bureau of statistics, the annual GDP in 2019 was 99086.5 billion yuan, an increase of 6.1% over the previous year. Among them, the added value of the primary industry is 7046.7 billion yuan, an increase of 3.1%; the added value of the secondary industry is 38616.5 billion yuan, an increase of 5.7%; the added value of the tertiary industry is 53423.3 billion yuan, an increase of 6.9%. The added value of the primary industry accounts for 7.1% of the GDP, the added value of the secondary industry accounts for 39.0%, and the added value of the tertiary industry accounts for 53.9%.

China’s official manufacturing PMI in February: 35.7 predicted value: 46; top value: 50. In February, the comprehensive PMI output index was 28.9%, 24.1 percentage points lower than last month, indicating that the overall production and operation activities of Chinese enterprises slowed down. At the same time, the survey results show that with the overall promotion of epidemic prevention and control and economic and social development by the Party Central Committee and the State Council, the recovery rate of enterprises is picking up rapidly, and production and operation activities are recovering in an orderly manner. It is expected that China’s purchasing manager index will improve in March.

Two ministries and commissions: to prevent the prices of steel, coal and other fields from rising sharply due to the centralized resumption of production: the national development and Reform Commission and the Ministry of Civil Affairs issued the notice on giving full play to the role of industry associations and chambers of Commerce to support the resumption of production of private small and medium-sized enterprises. According to the notice, associations and chambers of Commerce in the field of labor-intensive industries should timely report the employment situation and employment difficulties of the industry to local governments or relevant departments, coordinate the implementation of rescue and rescue policies, and ease the labor shortage and employment difficulties caused by the impact of the epidemic. Associations and chambers of Commerce in industries such as steel, coal, electricity, oil, natural gas and basic raw materials should advocate stable supply and price of member enterprises, so as to prevent regional and time-based shortages or sharp price increases caused by centralized resumption of production.

Industry: the global epidemic spreading crisis has raised the market’s worries about the economic downturn. The global stock market has plummeted, and the risk aversion mood has made gold reach a new high, the bulk commodities have been sold down, and the basic metals at home and abroad have fallen sharply.

3、 Future prospects

From next week to March, the domestic epidemic situation has improved, the return rate of enterprises has increased, and the capital pressure of enterprises at the beginning of the month has eased. However, at present, the spread of the epidemic in the world has increased, global investors are worried that it is difficult to calm down, the selling strength of bulk commodities has not decreased, and domestic metals are afraid to be dragged down.