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Industrial gas market continues its downward spiral
Jun 10 , 2022Rare gases.
This week, the domestic rare gases market was generally stable, with some products supported by a positive downstream market and increased export orders, resulting in a narrow upward price adjustment. In terms of high-purity krypton gas and xenon gas, the limited production of raw material liquid, coupled with the general operation of purification equipment, the actual output of the product was limited, and demand from downstream semiconductor and scientific research industries did not change much, but export support was good, and prices of high-purity krypton gas and xenon gas continued to remain high. Neon market supply remained tight, domestic semiconductor market demand was stable, coupled with an increase in neon exports, the overall market was positive, with a steady increase in turnover. The helium market performed generally, although imported helium was affected by the epidemic prevention and control policy and actual arrivals were limited, but domestic upstream manufacturers started work normally and market supply increased, with downstream market demand supporting general prices downwards. According to the latest data, as of Thursday this week high purity helium: RMB 2400-2700/bottle; tube bundle helium: RMB 400-420/m3; high purity neon: RMB 14000-17000/m3; high purity xenon: RMB 520000-550000/m3; high purity krypton: RMB 53000-55000/m3.
Liquid Oxygen
This week, the liquid oxygen market continued to be weak and downward. The downstream steel industry in the northern region was weak, coupled with the impact of the epidemic, the demand for liquid oxygen could hardly be released, while the upstream manufacturers started work relatively stable, with high liquid levels and pressure on the discharge, and liquid oxygen prices were adjusted downwards. South China's market did not change significantly, mainly stable. East China and Southwest China showed mixed performance, with prices adjusted up or down. According to the latest data, as of Thursday, the national liquid oxygen market average price of 522 yuan / ton, up 1.88%, down 38.22%.
Liquid Nitrogen
The liquid nitrogen market performed generally this week, with prices falling and adjusting. The liquid nitrogen market in the northern region continued to be weak, affected by the epidemic, downstream enterprises are not enough to start work, liquid nitrogen demand is difficult to release. In North China, Northwest China and some areas in East China, manufacturers have greater resistance to shipments, the centre of gravity of transactions to the low, Central China, South China demand is still good, stable trading, individual areas rose slightly. According to the latest data, as of Thursday, the national liquid nitrogen market average price of 543 yuan / ton, down 1.16% ringgit, down 3.92% year-on-year,BANGWIN supply professional liquid nitrogen generators.
Next week, as a whole, affected by the epidemic, downstream enterprises are restricted to start work, liquid nitrogen demand is difficult to have a release, and many places are affected by the prevention and control policy, transport is blocked, liquid nitrogen may continue to continue the light and stable trend.
Liquid Argon.
This week, the liquid argon market continues to be weak, prices continue to decline. Downstream demand is light, coupled with the transport restrictions in many places, the upstream inventory pressure, more than the main drainage, liquid argon prices more vulnerable to downward adjustment. According to the latest data, as of Thursday, the national liquid argon market average price of 1016 yuan / ton, down 6.87%, down 29.34%.
Next week as a whole, liquid argon demand in the short term is difficult to have a release, the impact of the epidemic intensified, the downstream enterprises are not enough to start, demand support is limited, liquid argon or will continue to be under pressure downward. More Air Separation Equipment for your needs.