In January, domestic buoyant market demand further weakened, prices fell slightly, and the contradiction of oversupply in the market gradually increased. However, due to the high consolidation of energy prices and raw material prices, there is certain support for the ** market, which continues to decline slightly.

In January, the domestic 98% **: ore ** mainstream average price of 400 yuan (t price, the same below), the average price of smelting acid is 360 yuan, * Huang acid mainstream average price of 500 yuan. Compared with the average price in the previous month, the decline was about 100 yuan, a decrease of about 18%. ** The main reason for the decline in market prices is that domestic demand has entered a relatively slack season, especially in January when the domestic market faces New Year holidays and the Spring Festival holiday. The demand for the downstream industry has been significantly weakened, which poses a large downward pressure on prices. Due to the declining demand in the domestic market, imports have decreased significantly.

Due to the further weakening of market demand in the downstream industry, the equipment operating rate or the operating rate of the production equipment of the production enterprises have declined to varying degrees. With production facilities with downstream product support capabilities, the production plant load rate is generally at a relatively high level of 80%, while the production facility with no downstream product support capability, the production plant load rate is at a relatively low level of 50%. ** Production plant production equipment load rate is at a lower level of operation.

The main factors affecting the market in the later period are: the price of raw materials, production and management costs have increased significantly, and the price of raw materials * yellow has continued to consolidate. Domestic electricity, water, coal, natural gas, refined oil, etc. are still in tight supply, and prices continue to rise, which has a greater impact on industries. In the first quarter, domestic ** market demand was relatively off-season, and market demand was insufficient, especially the demand of downstream small and medium-sized chemical companies. However, ** import prices are always at a relatively high level, which plays a certain role in supporting domestic market prices. Due to the high production cost of **, it is expected that the price of ** in the afternoon will be relatively less likely to fall.