since December 22nd, Henan Puyang Municipal People’s Procuratorate, the hospital to support environmental protection in Henan Province Federation of Shandong province Liaocheng dongran Chemical Co., Ltd Puyang City Intermediate People’s court, require the company to undertake environmental remediation costs 14 million 910 thousand yuan. This is the environmental public interest litigation cases Puyang prosecutors first support environmental groups sued the.

From March 2015 to May, Shandong province Liaocheng dongran Chemical Co. Ltd. without its production of more than 1000 tons of waste sulfuric acid, gave no personnel illegal disposal of hazardous waste transport and disposal of qualified, which will be directly poured into the domestic waste sulfuric acid Nanle county 6 rivers, 1 rivers in Qingfeng county. The waste sulfuric acid belongs to “marked the national hazardous waste list” in the “HW34 waste acid” hazardous waste, directly led to the surrounding farmland and forest dieback caused serious damage to the surface water and soil environment.

The courtroom xinhuanet.com (Zhao Yue photo)

After identification, the environmental pollution incidents caused by surface water environmental damage amount of 14 million 917 thousand and 800 yuan, 8 thousand and 300 yuan of emergency disposal expenses. The case after the incident, the people’s Intermediate People’s court and Nanle County Procuratorate of Puyang city through timely intervention, to guide the investigation, commissioned by the identification, investigation, find out the Shandong Liaocheng dongran Chemical Co. Ltd. and the relevant evidence of a pan et al environment pollution of chemical industrial waste dump. At present, the case of criminal suspects have been sentenced to criminal court to the pollution of the environment.

In order to protect the ecological environment, safeguarding the public interest, the Puyang Municipal People’s Procuratorate decided to support the prosecution of Liaocheng dongran Chemical Co. Ltd. for the illegal dumping of chemical industrial waste caused by environmental pollution lawsuit. Because no local commonweal organization in accordance with the law, by the Henan Provincial People’s Procuratorate coordination, determined by the Henan provincial Environmental Protection Association as the plaintiff, as by the Puyang Municipal People’s Procuratorate for prosecution, environmental public interest litigation filed to the Puyang City Intermediate People’s court. The day before, Puyang City Intermediate People’s court has accepted the case.

According to ZCE December 23rd news, according to the “Zhengzhou commodity exchange futures trading risk control management measures” provisions of article ninth, it was decided to make the following adjustments on 2017 during the methanol futures trading margin standards and price limits:

First, since the December 29, 2016 settlement, methanol futures trading margin standards from the original ratio adjusted to 9%, the proportion of the original price limits adjusted to 7%.

In January 3, 2017 two, after the resumption of trading, since the first not unilateral city trading day settlement, methanol futures trading margin standards and price limits recovered to the level before adjustment.

ZCE said, according to the rules of the implementation of the provisions of the margin trading standards and price limits is higher than the standard of the futures contract, according to the original provisions.

since October this year, the dollar index in international oil prices and a rare positive correlation. Generally, the international oil price in dollars, both the history shows negative correlation.

Although the dollar index has set a new high of 14 years, but the industry is expected, due to the global economic recovery in demand for crude oil could improve the stimulation, gradually return to fundamentals, if producers joint production are effectively implemented, the future overcapacity will be eased, prompted a further rise in oil prices.

The dollar, crude oil dropped significantly negative correlation

Data show that as of December 20th, the Chicago (CME Group), the New York Mercantile Exchange, NYMEX trading in February crude oil futures are the most active to close at $53.51 a barrel, the season has risen by more than 8%. Some analysts pointed out that the crude oil market will be affected by macroeconomic events and the dollar index, but the market is mainly in accordance with their fundamental guidelines, this year, crude oil prices by a greater impact on the supply side.

The current dollar interest rate cycle has entered a strong hard to stop. Founder medium-term researcher Sui Xiaoying said that the Fed rate hike under the background of global liquidity tightening, to maintain a strong dollar, dollar denominated crude oil prices will also be long suppressed, in addition, although the OPEC and non OPEC members agree on the next cut, which will accelerate the market rebalancing process, but whether the countries committed to implement production is still in doubt, more importantly, the relationship between supply and demand the improvement brought about by the rebound in oil prices will trigger the return of North American shale oil, which will in turn put pressure on oil prices. Overall, next year the crude oil market oversupply situation will be further repair, oil prices will continue to run the central move, but return to the North American shale oil will restrict upside height.

The relevant research institutions found that nearly a year, the dollar index and the international oil price deviation, in negative correlation over the past few years, both reached more than 90%, while in the negative correlation between the two is only about 40% this year.

Sui Xiaoying said that since the end of last year the United States dollars into the rate hike cycle, to maintain the overall strength, but from the absolute value of the dollar index, the uplink rate is not large, because of the increase in interest rates before the dollar index has been at a high level, while crude oil at the beginning of this year dropped to a low of $26, due to the high cost of production is out of the market, improve the oil supply and demand, oil prices bottomed out, under this background, the crude oil from between the dollar index and negative correlation trend.
Soochow Futures Institute Jiang Xingchun believes that the economic recovery is further enhanced, oil demand and improve supply contraction, oil price shocks on the behavior of the main. International oil prices mainly reflects the consumption and economic growth, the dollar index also indirectly reflects the strength of economic growth in the United States, in addition to the United States as an important global crude oil consumer, economic consumption, oil prices tend to rise or rebound. Currently, the commodity and the U.S. dollar to be consistent, the strong dollar to boost oil prices too high, expected prices relatively strong. If the production implementation in place, because the Fed rate hike estimated 2017 relatively moderate, the dollar index rose limited space, down more than 105 points in probability.

In the long term will suppress prices

The long run, Sui Xiaoying believes that to maintain a strong dollar on oil prices will still suppress the formation, but in the short term, prices will be more based on fundamentals, but no matter from the perspective of the dollar or from the crude oil supply and demand point of view, do not support oil prices continue to significantly stronger in the short term, but the long-term focus on the shift period. If the reduction of the effective implementation of the oil market, it is only in the conversion stage of excess supply to balance, it does not support the strong oil prices rise, in contrast, in the United States economy is relatively strong and the interest rate cycle, the dollar will remain strong.

In addition, Baocheng Futures Institute assistant director of financial Cheng Xiaoyong said that the Fed rate hike under the background of OPEC and non OPEC joint production to the current international crude oil supply surplus has a significant role in mitigation. EIA data show that in 2016 global crude oil surplus of about 500 thousand barrels a day, so if the production agreement can be executed, so to relieve excess pressure, to help the global crude oil inventories, 2017 crude oil prices significantly ease the downward pressure. However, with oil prices steady at $50 / barrel, U.S. shale oil production has gradually picked up, combined with Trump’s energy independence strategy, the United States will relieve fossil energy production restrictions, which means that OPEC and OPEC share of non joint production will be the US shale oil substitute, so the international oil price in 2017 is not optimistic.

Cheng Xiaoyong said, in the current strength of the dollar, the international oil price volatility may be steady, follow-up implementation of crude oil production, not to mention the United States shale oil production increases the crude oil prices greatly reduced. If the production are implemented, so we should pay attention to the speed of rebound in inflation and interest rates rise, if interest rates rise slowly will lead to stagflation possibility, oil prices may be stronger than the dollar.

Enter the three quarter, affected by the rapid rise, coal prices rebound in international oil prices and freight rates, the early part of the downturn of the chemical species gained support costs. At the same time, some unexpected events such as environmental protection, in the short term caused by local supply within a certain period of time tension. In the “buy or not to buy up” mentality, many factors in the formation of resonance effect, some chemical products a huge increase, resulting in a sharp rebound in performance.

In coal prices rose sharply, freight, calcium carbide, PVC and caustic soda price “Zhangshengyipian”, thus reversing the relevant performance of the company. Chemical and Thailand (11.750, -0.04, -0.34%) is expected to achieve a net profit of 1 billion 150 million -12.5 billion yuan, an increase of 148-162 times, the growth in all of the first. The company said, a substantial increase in performance is the main product PVC, caustic soda, viscose fiber, yarn sales price rose. Also affected by this, Hongda industry expects full year net profit of 750 million -8.5 billion yuan, an increase of 44.5%-63.8%.

The three quarter of this year, affected by rising coal prices and early capacity to influence, have profit or even a loss of carbon black industry usher in reverse. Black cat shares (8.150, -0.05, -0.61%) said that since the three quarter, to ease the contradiction between supply and demand of carbon black industry, product prices recovered slightly, industry rebound, expected annual net profit -4300 million in 35 million, an increase of 106.7%-153.9%. Lone Star Chemical (13.840, -0.05, -0.36%) has realized losses.

The petroleum chemical industry, the international crude oil prices after two years after the downturn, our company had been consumed early high cost of raw materials, since the fourth quarter reached agreement with frozen production oil producing countries, the international crude oil prices began to rise, the price of downstream products with support, related to the company’s profitability is expected to further enhance. Rongsheng Petrochemical (15.680, -0.04, -0.25%) is expected to achieve a net profit of 1 billion 700 million -18.5 billion yuan, an increase of 383%-425%. Satellite Petrochemical (12.410, -0.07, -0.56%) and Daqing branch (29.620, 0.04, 0.14%) is expected to achieve profitability.

Affected by the supply of raw materials and other reasons caused by shrinkage of environmental inspection, prices rose sharply since the downturn for a long time the glyphosate four quarter, the current increase is more than 30%. Although the price from 40 thousand yuan / ton during the peak period of far apart, but the company performance has improved significantly. Glyphosate leading Xin’an shares (10.660, -0.02, -0.19%) said the company expects full year results realized losses.

Agricultural and industrial industry downturn

Titanium dioxide, viscose fiber and vitamins since the beginning of the year began to rebound, the market prices throughout the year, an improved enterprise performance. Since this year, export demand rose by catalytic and factors such as devaluation, domestic titanium dioxide prices have been rising since the beginning of twelve, the cumulative increase has been more than 6700 yuan / ton, an increase of more than 50%. Nuclear titanium dioxide, annada (18.360, 0.01, 0.05%) expected annual losses, billions (13.010, -0.07, -0.54%) is expected to achieve a net profit of 390 million -4.45 billion yuan, an increase of 200%-300%.

Titanium dioxide way Changhong has also prompted billions to complete exports of titanium dioxide leading Sichuan longmang acquisition. In May 2015 announced the acquisition of billions of Sichuan longmang, Sichuan Lomon 2015-2017 performance commitments were 700 million yuan, 900 million yuan and 1 billion 100 million yuan. Due to the market downturn, Sichuan longmang did not complete performance commitments in 2015. Insiders pointed out that in 2016 the market warming significantly, Sichuan longmang completed 900 million yuan performance commitment is not a big problem, this part also prompted billions early completion of Sichuan Lomon acquisition. With the integration of the two companies to promote the upcoming birth of domestic titanium dioxide leading company.

Affected by vitamin B product prices, brother Technology (12.850, -0.15, -1.15%) is expected to achieve 120 million yuan net profit of -1.4 billion yuan, an increase of 50%-80%. The same is the product prices factors, the main technology of viscose staple fiber (10, 0, Australia 0%) is expected to achieve a net profit of 230 million -2.9 billion yuan, an increase of 69.3%-113.5%.

The prices of raw materials to improve performance

[hot] Gade chemical network daily Wind data show that as of December 18th, according to the SWS industry classification, two city currently has 127 chemical industry listed companies released annual results forecasts, which accounted for about half of the listed companies. 127 companies, in addition to the two performance uncertainty, pre hi companies (including pre growth, a slight increase, continued earnings, losses) the number reached 88, accounting for 70%. industry by continuing market clearing inventory and production capacity, raw material prices and other reasons to promote, part of the sub sectors such as Titanium dioxide PTA, PVC, aromatics, and caustic soda to improve performance significantly.

Net profit growth year-on-year increase

From the beginning of this year, chemical raw materials and chemical products manufacturing main business revenue growth showed a tendency to expand, 1-10 month cumulative total profit growth has been expanded over the last year, since the second half of the year to maintain steady growth of around 13%.

Notice from the performance point of view, yejiyuzeng, turn the number of enterprises has increased over the same period last year, net profit growth rate is also increased. In terms of net profit growth rate lower, at least 74 companies to achieve net profit growth of at least 34 companies net profit growth of more than 50%, at least 25 companies net profit growth of more than 100%. The product price is one of the main driving force in the top of the company performance improvement.

Benefit from the rapid development of new energy automotive industry, the company lithium battery industry chain to maintain rapid growth this year. Duofuduo, EASPRING material and a year is expected to achieve profit growth. Among them, duofuduo year is expected to achieve a net profit of 506 million -5.29 billion yuan, an increase of 1200%-1250%. fluoride said earnings growth was mainly due to the traditional fluoride salt market stabilization and recovery, with six lithium fluoride as the representative of the Electronic chemicals Demand, volume and price, the better operating efficiency.

Titanium dioxide , Viscose fiber and Vitamin Since the beginning of this year began to rebound, the market prices throughout the year, an improved enterprise performance.

The “capacity to” as the representative of the “supply side” reform effect is apparent, coal, iron and steel, coking coal, coke and a series of commodity prices continued to rise, forming a sufficient support for the methanol, the rising price of coal, coking coal, the higher, the by-product of coke oven gas high prices caused by the rising cost of methanol.

The supply side

November in the northwest region, Shaanxi, Yulin coal 1 million 800 thousand tons / year of methanol to olefins (MTO) methanol plant maintenance facilities, the end of the month to extend the coal 1 million 800 thousand tons / year methanol plant load matching is not high, the two sets of large MTO production to support the price of methanol in the northwest, and earlier this month, the sudden failure of Shenmu chemical 600 thousand tons / year and 600 thousand tons / year methanol plant elm days of temporary parking, further exacerbated the supply situation in Northern Shaanxi area in the northwest, prices go higher, nationwide also formed a strong linkage of methanol.

With the increasing of subsequent snow weather, will transport goods northwest and other places the cost increases further, the regional tension in the supply and demand pattern or will continue. In addition to the northwest of supply reduction, in North China, Shanxi, Hebei and other regions, there are more large-scale environmental effects of the storm. It has been reported that, at the end of November and early December nationwide haze, making a large number of Hebei, and Shandong, Henan, Shanxi coal chemical industry has also been included in the list of enterprises in production, limited production. On the methanol market, only Hebei, Shanxi and Henan provinces, involving methanol production capacity of 3 million tons / year, accounting for the total capacity of 5%. which directly shut down more than 1 million tons / year, the load is reduced to 7 following the nearly 2 million tons / year.

Demand

With OPEC output to reach an agreement by the international crude oil prices, MTO’s profitability has been significantly improved, significantly increased the overall operating level device.

recently methanol fire, the market is crazy. The annual review of the market, the first nine months of methanol in 1800-200 yuan / ton between bolanbujing earthquake swings, but in the fourth quarter after suddenly pull up. The price exceeded 2000 yuan / ton as a runaway horse all the way up, in the last two weeks is a strong nanzu.

As of December 9th, East China’s price has been close to 3000 yuan / ton, is nearly two years the high than the low for the year increased more than 70%. The rest of the price difference is generally reached an all-time high.

The rising of methanol market, from the trend, the strong trend with the chemical market in recent months is consistent. Specific analysis, environmental protection production to supply trapped are the main factors affecting the methanol market. A nationwide large-scale production of wind wave and a lot of areas, leading to tight supply, so as to bring the power prices.

Raw materials

From January to November, car sales were completed 25 million 27 thousand and 24 million 948 thousand, respectively over the previous year growth of 14.3% and 14.1%, higher than the same period last year 12.5 and 10.8 percentage points.

Changjiang Securities believes that after the Spring Festival for the tire factory operating season, at the end of the year to the first quarter of next year there is greater demand for downstream replenishment. “We judge the future with the basic construction expenditure increase and controlling policy, rubber consumption continues to rise will exacerbate the shortage of supply and demand of natural rubber.”

The price of natural rubber in the period of 7 years (7 years, 7 rise fall), Changjiang Securities judge future natural rubber officially ushered in a new round of rising.

Xinhua news agency, Beijing, December 12 Xinhua (reporter Liu Yangyang) reporter from the China Petroleum Corporation was informed that 12 days, from Central Asia and the Tarim gas area of natural gas arrived in Fujian city of Fuzhou Province, the three line of the eastern section of the west east gas pipeline project built ventilation, start debugging.

West east gas transmission line is the three west second line after the completion of the west end of the energy strategy channel across china. Three west line of the eastern section of Ji’an – Fuzhou section project on the West Second Jiangxi Ji’an Liaison Station, stop in Fujian province Fuzhou terminal station, a total length of 832.4 kilometers, designed annual output capacity of 15 billion cubic meters, the design pressure of 10 mpa.

According to reports, the Ji’an to Longyan section have been completed and put into operation; 12 Longyan to Fuzhou section of ventilation debugging, West three line east across the board completed laid the foundation. At present, the west second sub transmission station in Ji’an west line of the eastern section of natural gas from three. West three lines per Transport 10 billion cubic meters of natural gas, can replace 13 million tons of standard coal, equivalent to reduce 610 thousand tons of harmful substances, 44 million tons of carbon dioxide acid gas emissions. “West Gas” into the Fujian, Fujian province will become a green ecological construction of the new engine.

China Petroleum Fujian sales company responsible person said, in order to better protect and serve the demand for natural gas in Fujian Province, 2020 years ago to fight for the construction of 7 extension, and the choice of the Fujian sea and the sea oil pipe network interconnection.
It is reported that China oil pipeline builders to “quality engineering, safety engineering, green engineering, harmonious Engineering” as the goal, to overcome the heat, Mei Yuji, typhoons and other unfavorable factors, gather all forces, strengthen construction management, to promote the innovation of science and technology. Environmental protection and water and soil conservation engineering measures to achieve the same time and the main project design, simultaneous construction, and put into operation”.

The recent market supply and herbicide technical inventory low, market prices continue upward. Glyphosate manufacturers continue to remain high, affected by the Hebei production, delivery is still tight; Glufosinate ammonium new market capacity is more, but the production capacity has not yet been released, supply is tight, with the arrival of the peak season of production, market supply reduction, the imbalance between supply and demand, upstream manufacturers orders will is not strong; TC trifluralin inventory low, manufacturers have to drive; Fomesafen technical export good, upstream intermediate rises greatly, the manufacturers do not want to take a single; Affected by the intermediate strain, Nicosulfuron, mesotrione TC price hike; Amide herbicides to stabilize the main, but the overall tight supply; Oxyfluorfen TC by intermediate effect of tight supply, price stability; Clethodim technical export demand improved, but stop limit production enterprises increased, spot tight supply; Two pendimethalin and 4 sodium chloride 2 technical products such as the supply side is blocked, then the original manufacturers to light storage orders, price increase; Effects of mefenacet by the technical capacity of the new price down, the downstream light storage enthusiasm is not high; Cyhalofop original affected by upstream intermediate supply limited, supply is still tight, the market price high; Quizalofop-p-ethyl tech for intermediate production, tight supply; Weed Songyuan medicine price callback.

Bactericide

The recent technical fungicide market supply, market prices generally rose. Pyraclostrobin TC remains tight, high price; Three triazole fungicide due to the end of the inventory stage, the manufacturer of underemployment rate, drug costs, high technical cost, lower price hike; Hexaconazole raw price rose steadily, the manufacturers do not want to take a single; Tebuconazole TC inventory low, low operating rate of the upstream market, intermediate high prices, manufacturers price hike; Tricyclazole tight supply, car manufacturers, price hike;

Carbendazim, thiophanate methyl TC more stable market, market demand, limited supply, price stability; Dimethomorph demand in general, gradually digest inventory, the market price stability; Azoxystrobin technical capacity, car manufacturers are less, the high quality goods price high; Kresoxim technical requirements, the market price stability; Iprodione and diethofencarb TC TC, flusilazole, production is relatively concentrated, the price is still mainly stable; Qingyuan drug market chlorothalonil is still hot, prices remain high.

Insecticide：

The recent market by pesticides applying environmental protection and cost factors, high price. Avermectin series products manufacturers increased parking and a large area of destruction, manufacturers inventory low, a single sell spot, hard to find; emamectin benzoate TC examined, manufacturer discontinued limited production, tight supply; The price of nicotine products continue to increase, intermediate and technical manufacturers stop production, inventory more low,

continued tight spot; Imidacloprid market prices; Thiamethoxam pesticide price high, manufacturers operating rate rise, spot supply; Acetamiprid original price hike, the market circulation of more than supply, weak demand; Nitenpyram pesticide due to low inventory; Pyrethroid pesticide, Ben Tingsuan methyl ether, aldehyde up-regulated, downstream manufacturers. Chlorpyrifos TC, phoxim technical inventory low, the overall price hike; Malathion capacity is relatively concentrated, price stability; Fipronil technical inventory low, price hike; Drug manufacturers cannot deliver Pymetrozine pre orders, the market index fell slightly; Spirodiclofen drug prices remain stable; Etoxazole TC environmental protection manufacturers stop limit production, low inventory; Chlorfenapyr TC inventory low, intermediate prices, spot prices; Propargite affected by upstream intermediate prices, high price.

Herbicide

The Southern China TDI market within a narrow range, the supply and demand side continued stalemate game, some businesses tight inventory goods in Shanghai offer a narrow range of rise, downstream users just need to carefully reflect light with the city, domestic goods without tax reference offer 27000-28000 yuan / ton, Shanghai goods without tax reference offer 29000-29500 yuan / ton.

Finance recently, manufacturers have been the end of the overhaul, the supply of propane tends to be stable, but after the weather turns cool downstream for propane consumption increases, and the trader terminal stockpile awareness crescendo in the fundamentals, a great improvement.

In December 7th, the domestic parts of the propane Market overview:

Dongying Huatai chemical 80 thousand tons of propylene oxide plant started around 80%, Nissan 200 tons, the factory is single cash talks to 10550 yuan / ton.

Dongying Hualian Chemical propane price stability, the implementation of 3750 yuan / ton, factory shipments in general.

Shandong Huifeng Petrochemical propane price stability, the implementation of 3930 yuan / ton, the normal operation of equipment manufacturers, the normal inventory.

Summary: the market price has been high in the propane market recently, the short-term relative to the gradual improvement of downstream demand, refinery production is relatively small, the current low price of shipping resources worry free, high or slightly minor resources.

Recently, glycol electronic market still strong, active trading market. The spot market, focus upward, part of deposit gap contract purchasing actively, the downstream polyester better, some polyester factory in buying.

December 6th afternoon, the glycol price up to 6680 yuan / ton, the intention of concentrated shipment. At present, the ethylene glycol price was 6670 yuan / ton, up 195 yuan / ton, outside the day average price of 785 U.S. dollars / ton, up 31 U.S. dollars / ton. East China glycol spot offer price set at 6600-6700 yuan / ton, Southern China area price concentrated in 6700-6800 yuan / ton.

In December 7th, Sinopec marketing company Beijing branch of the ethylene glycol offer temporary stability, Yanshan petrochemical, Tianjin Shi Huayi glycol spot basically no foreign sales, mutual supply of Tianjin chemical fiber, the glycol spot price at 7000 yuan / ton. Sinopec East China sales company glycol spot prices stable, the current spot price of 6800 yuan / ton, under the Yangtze, Shanghai, Zhenhai, BASF are executed. Xinjiang Dushanzi petrochemical ethylene glycol unit operating stability, spot price stability, the implementation of 6600 yuan / ton, the products mainly supply the surrounding area. Maoming petrochemical ethylene glycol unit currently operating load is normal, offer temporary stability, the current spot local implementation of 6750 yuan / ton. Normal operation of the company of CNPC Fushun Petrochemical 60 thousand tons / year of ethylene glycol plant, temporary price stability, the local implementation of 6650 yuan / ton factory. Yangzi Petrochemical Ethylene Glycol BASF ex factory price of 6800 yuan / ton, stable, ethylene glycol / diethylene glycol production capacity of 320 thousand tons / year, normal operation.

The talks atmosphere is insufficient, the market volume is limited. The recent polyester operating rate of about 83%, production and marketing of polyester glycol to encourage better market atmosphere, eg market prices to new highs, the market is expected to domestic ethylene glycol spot market in the short term or the high consolidation.

overall, this wave of rising prices of chemical products is rising costs and environmental pressures, macro-control and the fluctuation of the international market due to passive rise.

“Price boom is sweeping the industrial upstream and downstream industries, from the beginning of the year, coal, iron ore and other raw material prices soared, a few months after the transfer to the entire industry. The beginning of the second half, chemical products prices rose overall trend.

According to the National Bureau of statistics, November 21, 2016 -30, circulation of important production of chemical products, caustic soda, methanol, benzene, styrene, polyethylene, polypropylene, PVC, butadiene rubber and polyester filament and other 9 kinds of chemical products prices compared with the same period last year showed a significant rising trend, which rose to the highest is butadiene rubber, compared with the same period last year rose more than doubled; the lowest is polyethylene, also reached an increase of 12.03%.

The price of this wave of chemical products also directly promote the improvement of the overall profitability of the industry. From the beginning, chemical raw materials and chemical products manufacturing main business revenue growth showed a tendency to expand, 1-10 month cumulative year-on-year growth rate reached 4.6%, the highest this year, 2.3 percentage points more than the annual growth last year. Total profit growth has also increased over last year, in March reached a peak of 20.8%, since the second half of the year have also maintained steady growth at around 13%.

In twenty-first Century the Institute of Economic Research of the first three quarters of Wind released 198 chemical industry of the profitability of listed companies, found that the enterprise is really business conditions to improve the phenomenon. Compared with the same period last year, the third quarter of this year the number of enterprises to reduce the number of 14; net profit and operating income attributable to shareholders of the parent company to achieve growth of enterprises to increase 43; revenue growth and profit growth rate also significantly expanded.

But with this synchronization is the industry profit differentiation serious losses of loss making enterprises to expand. The largest decline in third quarter profits reached -92303%, 22 times last year the biggest decline.

Show that the industry profit differentiation situation, sustained high cost has made some enterprises difficult to load. In the current round of price surge, as the chemical industry in two by blocking the cost of raw materials prices, the downstream demand side downturn, this price is more of a passive price.

Several major factors pushing up the cost of chemical industry

In 2016, the national The Belt and Road “policy advocacy, major domestic production enterprises in the first half of Xinjiang Tianye PVC exports amounted to 210 thousand tons, far exceeding the level of the same period last year. Only three months, Tianye PVC products doubled sales in Africa, to effectively resolve the domestic supply and demand pressure. Xinjiang Tianye logistics industry based on the two markets of domestic and abroad platform, export sales of chemical products in over 109 countries in Asia, the Americas, Europe, Africa, etc.. Chinese according to customs statistics, in August 2016 China pure PVC powder export volume of 142 thousand tons, an increase of 15.57%, an increase of 76.44%. This year 1 ~ August, PVC powder cumulative export volume of 836 thousand tons, the cumulative rose 56.99%, “going out” to successfully resolve the domestic overcapacity, the supply side reform achieved.

From the main export country, India on PVC demand is stable, China’s PVC exports are still based in India, the total export amount of 26%; followed by the Southeast Asian region, such as Mara Thea, Thailand and Vietnam, exports of these three countries accounted for 30%. In addition, PVC mainly exported to Central Asia and Russia and other places also include. The future supply side reforms will be more in-depth, “going out” strategy for domestic PVC production capacity to find a new way.

In 2015 this year, compared to 2014, PVC prices continued bullish, attracted the attention of the industry. This year 8 ~ October, 6000 ~ 6900 yuan / ton PVC market price, compared with last year rose 1100 yuan / ton. National Day return, most manufacturers said overall inventories remain low, delivered more pre orders, reducing the overall market price, many manufacturers in the wait-and-see, expected short-term price of PVC will also remain high strong state.

In August this year, the market overall tumbled in the plastic case of polyvinyl chloride (PVC) but the rally unabated, from August to October this year, PVC prices more than 1200 yuan / ton, or more than 22.3%, the plastics industry become a dark horse.

The high cost of supporting PVC prices

China is a less gas, more coal, less oil, the current domestic production of PVC by calcium carbide based 80%. Therefore, the price trend of calcium carbide seriously affect the price trend of domestic pvc. 7 months late this year, the central environmental protection inspection team into Inner Mongolia, Ningxia and other places, the calcium carbide production due to huge energy consumption, serious environmental pollution, environmental protection has become the focus of supervision object inspection group. In the environmental remediation under pressure, was forced to shut down production of calcium carbide and PVC production enterprises in Inner Mongolia, resulting in short-term supply shortage of calcium carbide, prices continued to hike. Start the load to maintain production reduce individual production enterprises, the impact of domestic PVC manufacturers offer lead to supply and demand, continued to pull up. At present, the calcium carbide price still maintain quite high, support the formation of PVC prices, the short term is difficult to have a big decline, rising coal and coke prices steady and, later will continue to increase as pvc.

In addition, highway freight prices also affected the cost of production of pvc. In August 18th this year, the Ministry of transport and the Ministry of Public Security jointly issued “on the issuance of” rectification of highway freight illegal overloading behavior special action program “notice”, from September 21st this year to August 2017, will carry out the focus of remediation, severely crack down on illegal highway truck overrun overload, forced red card and other prominent violations, strict implementation of national standards “cars, trailers and train the external dimensions, axle load and limit”, namely the cargo transport vehicles shall not exceed the total mass of 49 tons, 4 meters below the height limit. According to the estimates, then the road will rise 30~50 yuan / ton. At present, just the implementation of policies, the market is still waiting, some restrictions on the formation of motor outage, lower demand, market goods decreased, some manufacturers said that compared with the previous, transport of goods and freight less, but higher. Only part of the increased cost of PVC in the quote, in the short term, PVC prices continued to pull up.

The inventory is low, demand is bullish

In 2016, food prices are not ideal, the farmers’ enthusiasm to reduce. However, the chemical fertilizer stored for the winter season, the market is “up” a sound: urea and compound fertilizer rose rose. What is the reason from this “boom”? Up to what time? The dealer Dongchu enthusiasm affected?

Only 30% years of winter reserves

According to recent years, winter has been tepid. However, this year the market is somewhat strange. 2016 national day, urea prices change the flagging, sharply higher. Taking Anhui Province as an example, as of November 18th, the province of urea mainstream price 1520~1560 yuan / ton, individual urea manufacturers to a large amount of orders, control orders. Comparison of August prices have risen 200~300 yuan per ton. The rise of the big, fast speed, it is be struck dumb.

This round of urea prices, allegedly coal prices have increased the cost. I understand that the urea production raw coal from the beginning of 300 yuan / ton rose to the current 600 yuan / ton, coal prices have boosted the price of urea; at the same time, in September 21st this year launched the “transportation vehicle management regulations”, limiting the truck weight, freight fertilizer also increased a lot. In the urea prices rose driven, phosphate fertilizer and potash fertilizer have to rise.

This urea compound fertilizer over the off-season counter attack soaring, winter storage but it started very slowly. According to the usual practice, after the phosphate fertilizer fertilizer market immediately into the winter period of fertilizer reserves this year, according to my understanding, the transaction is still in the flat period of compound fertilizer.

At present, the country, around the winter storage is still uncertain price. The introduction of a compound fertilizer enterprises winter storage price mainly concentrated in Anhui, Shandong, Hubei, Hunan, Jiangsu and other places, 45% chlorine based compound fertilizer individual provisional winter storage factory price in 1650~1820 yuan / ton, 45% sulfur compound fertilizer individual provisional winter storage factory price in 1830~1930 yuan / ton, Shandong area of high-end price in the 2050 yuan / ton, some enterprises have money interest policy.

Overall, the whole winter reserve fertilizer only in 20%~30%.

Dealers are more cautious than usual

In the past, winter spring fertilizer than the purchase price to about 10% cheaper. But in recent years due to fluctuations in the price of fertilizer is too big, a lot of agricultural business in the winter did not benefit but a loss, which makes them suspicious of winter. Especially in the face of urea prices rose this year, dealers are facing many winter storage is relatively cautious.

“Now the agricultural business is difficult to do, the crop harvest is not good this year, spring, late spring coldness of high temperature and drought in summer, many farmers lack confidence in the investment in agricultural farming, reduce the number of.” Gao Jie Anhui province Suixi qijizhen agricultural business said that the past 3 months to prepare fertilizer prepared with some goods every month. But this year he still wanted to “halt the troops and wait, wait for some time. “In August compared to the manufacturers price, the price is up to now a bag of 10 dollars. This price is too deficient, I wait!” Gao Jie said.

I found that some manufacturers have felt the negative stocking distributor, they also began to take the initiative to cut production, raise prices, sell less amount more profits to prepare for winter storage. The majority of compound fertilizer enterprises receivables is not ideal, operating rates rise slowly, the overall operating rate remained at about 43%.

The market outlook still up space

Then, the late urea have room to rise? According to the national development and Reform Commission data show that 1~9 months, the national coal production of 24.6 tons, down 10.5%.” In November 3rd, the Bohai thermal coal price index closed at 607 yuan / ton, the highest on record since the beginning of this year, compared with the beginning of 371 yuan / ton, up 236 yuan / ton. According to the consumption of coal per ton of coal based urea for 1.55 tons, which means that from the beginning of the year so far, only a coal, urea enterprise cost rose 365.8 yuan / ton.

In the short term, because the price of coal market is still strong, in addition to fertilizer, raw material prices, and rising freight costs, environmental transformation, years ago, urea prices remain high probability.

Saudi oil production soared to 10 million 500 thousand barrels / day. The surge in production began in the beginning of this year, is designed to cater to the domestic summer seasonal peak demand, and maintain its global market share.

Previously, once the summer demand weakened, Saudi Arabia will immediately cut the level of output, but this year is different. The country still maintain a high yield, and to accelerate the export in Iran and other countries, and the market share war pushed up production to new highs.

With Iran officials in the recent meeting, Saudi Arabia threatened if no agreement is reached, will further increase the production and export levels.

After the sinking of the oil city of Saudi Arabia to force other oil producers yield precedent. In addition to the current situation, dating back to 1998-1999 years, a large number of Saudi Crude oil supply into the market, against the Venezuelan adventurism, oil prices fell about $10 hit.

Before the hydraulic fracturing revolution, its damage to the production of the United States will always repair. This week, Saudi oil appears to have collapsed long is ready, said even in a no agreement, the market will achieve self balance again. This comment may have some truth, but need time to. Based on this, the oil price may have to wait until the end of next year will recover, especially with Iran, Iraq, Russia, Azerbaijan and other countries of production continued to increase, not to mention the US shale oil producers.

Wednesday (November 30th) later, everything will come to light. The oil market is likely to expose the ugly side, the price may be dropping earlier this year to reach $25 a barrel in the vicinity of the low.

The national development and Reform Commission announced the evening of 30, according to recent changes in international oil prices, the formation mechanism according to the current oil prices, since November 30th 24, domestic gasoline and diesel prices (standard, the same below) increased by 175 yuan per ton and 170 yuan. So far, the domestic refined oil prices ushered in the eighth year increase.

In this regard, Zhuo oil analyst Xu Na said, according to the calculation of the current price increase, the implementation of the price adjustment, five gasoline standard domestic implementation of the country, 92, oil prices will return to the “six yuan era”; in addition, Chongqing No. 93 gasoline price, Yunnan and Guizhou also will usher in the “six yuan era”. Thus, consumers travel costs rise again, but due to the current price increase is small, overall, consumers increase the cost of oil co..

A small one car fuel tank capacity of 50 liters in the case of rising, the implementation of the policy, the fill a box of oil will increase the cost of 7 yuan. From the consumption aspect, a month to run 2000 kilometers, 100 km fuel consumption of small cars as an example of 10L, to the next adjustment window opens before December 14th 24 before half a month, the cost of oil consumers will Rose 14 yuan. Compared with private cars, the logistics industry to increase the cost of fuel is too large, the monthly running 10000 km, one hundred kilometers fuel consumption in 38L heavy truck for example, until the next adjustment window opens, single vehicle fuel costs will increase by about 275 yuan.

Lung Chung Petrochemical Network Analyst Li Yan said that the current international crude oil prices, the next round of oil price adjustment will show a downward trend, and the downward adjustment is likely to continue to expand. The OPEC meeting in November 30th may still failed, even if the final agreement, the rate cut will not be great, as oil prices continued to provide power to the rose. Is expected to run aground down the next round of oil price adjustment or greater probability.

Anxunsi oil industry analyst Huang Lifang said that OPEC meeting held in Vienna in November 30th will discuss the number of cut members specifically, may also be reached between OPEC and non OPEC production cuts. Many uncertain factors, the post oil prices remains to be seen. According to the existing domestic refined oil pricing mechanism of price adjustment cycle estimates, December 14th 24 will usher in the twenty-fourth round of gasoline and diesel price adjustment node in 2016.

It is worth noting that the NDRC also said, is closely following the formation of product operation mechanism of oil price changes, combined with the situation of domestic and international oil market, further study and improve.

At present, the Panxi area above 38 grade titanium ore price in 750-800 yuan / ton (excluding tax), 46 grade 10 titanium ore price in 1150-1200 yuan / ton (excluding tax), 47 grade titanium ore price in 1100 yuan / ton (excluding tax), analysis of industry stakeholders: Panzhihua titanium the west area continuous rising market concentrate, mostly by the downstream titanium dioxide manufacturers continue to rise, the short term, titanium concentrate Market or continue to run high.

The production equipment and process and significantly enhance the quality of positive export

In recent years, China’s titanium dioxide production equipment or whether the production process has greatly improved, has been fully recognized by the international downstream users, PPG, AKZO NOBEL, COSCO Kansai such a large number of world famous enterprises have made China purchase paint, according to the data China paint procurement network, we present titanium dioxide businesses in the packaging machine 80% has 130 years of production history of the German Hawoboke equipment company production of full automatic integrated valve bag packaging machine, to achieve efficient, safe and clean effect.

Harvout Technology (Tianjin) Co., Ltd. rotary packing machine

According to the Hawoboke subsidiary harvout Technology (Tianjin) Co., responsible person: “before the customer fully automatic integrated valve with their semi automatic packaging machine more on the European and American countries, like DuPont, beauty Hensman, Connors, Li Lian, Camilla McGee, such as the international chemical giant. In recent years, with the improvement of environmental consciousness, the Asia Pacific sales have to occupy a high share in their business, especially the titanium dioxide industry China, 80% of the enterprises are using their packaging machine equipment, like billions, Lomon titanium industry, nuclear titanium dioxide, Yunnan Xinli, Dongjia group, Panzhihua titanium industry etc. a titanium dioxide enterprise, which means that Chinese titanium dioxide enterprises not only pay attention to product quality, have gradually realized the importance of product packaging, that China made overall and international quality continued to narrow the gap”.

The overall quality of titanium dioxide, titanium dioxide is good news for China’s exports, 2016 1-9 month total exports of 54.0603305 tons of titanium dioxide, the 3 quarter is only for the year 2015 exports exceeded 53.8394441 tons.

Foreign titanium dioxide prices, widening domestic price

In November 25th the RMB exchange rate reported 6.9168, down 83 basis points since last year since the exchange reform, the RMB exchange rate against the dollar has accumulated depreciation of nearly 10%. According to official forecasts: 2017 RMB exchange rate against the dollar devaluation will be around 15%. The devaluation of the Renminbi for future exports, China’s titanium dioxide will be large inflows of international market, which will further increase the scarcity of domestic market products.

In 2016, foreign titanium dioxide also continued to rise, the current domestic titanium dioxide and foreign enterprises price adjustment in the 8000-1000 yuan / ton, if domestic titanium dioxide and titanium dioxide rose too high, foreign price advantage is not obvious. So will the influx of foreign titanium dioxide, of course, this does not exclude foreign manufacturer of titanium dioxide sharply raised the price, if such domestic titanium dioxide prices will be further affected.

every winter, environmental governance will become Hebei heavy industry in the production of an important part of. This paper focuses on the analysis in environmental management, production and other measures to limit production in Hebei under the influence of methanol on the downstream market.

Haze is a kind of urban diseases, in Beijing, China originating in Shanghai and other large city in recent years, gradually to the small and medium-sized city development, and even spread to the local rural. In the cause of haze, a lot of pollution exhaust chimney emissions from factories, occupy a very important component. Every winter, environmental governance will become an important part in the production of heavy industry in Hebei. This paper focuses on the analysis in environmental management, production and other measures to limit production in Hebei under the influence of methanol on the downstream market.

At the beginning of November this year in Beijing for the first time released orange signal warning environmental supervision department, then take measures to limit production, production enterprises for heavy industrial pollution in Hebei, methanol downstream products started to decline slightly, Hebei enterprises of raw materials for the production of methanol with coke oven gas coal based, supplemented by. The influence of environmental monitoring, Hebei methanol plant has limited production, the factory in Xingtai, limiting the production of 50%, with Taurus, Xu Yang Kingboard; Baoding limited production 30%, including Dingzhou day Lu; Handan limited production 30%, Shijiazhuang, Tangshan area, efforts to limit production at around 50%. Under the table for the running status of part of the production enterprises in Hebei area.

Operation status of parts production enterprises in Hebei

In addition to the limited production of methanol, methanol downstream products in Hebei started also have different effects, among them, Hebei two factory production, ether measures to limit production, such as Hebei Wanda, temporary parking; acetic acid had little effect on Hebei are an annual output of 500 thousand tons of acetic acid plant gasification, Nissan 1700 tons, the sales situation is very ideal. To reduce the formaldehyde background in sheet metal demand, slightly cut.

Hebei enterprises of raw materials for the production of methanol with coke oven gas, coke industry is heavily polluting industries, therefore, the environmental protection departments more stringent supervision. The current market in Northwest Hebei to reduce the export of methanol, methanol production enterprises, increase the local and Shandong part of the terminal users purchase difficulty, especially higher requirements on the quality of the product reaches. At present the market as a whole, the supply side of good highlights, temporarily cautiously optimistic about the short-term market.

Recently, the end consumer downturn, the downstream plant maintained just need replenishment, immutable and frozen pattern of demand, the industry worried about the acrylonitrile market trend is expected to end in November, demand is difficult to have good support, the demand side will continue weakness.

In summary, raw material cost is weak, bad market; supply demand tends to be stable, the downstream end of the continuation of the weak trend in the short term, the lack of market news guidelines of acrylonitrile, acrylonitrile industry has been slowly into the winter, expect the market will be stable or weak to run.

Beginning in late October, propylene market into the downstream channel, the week decline in the 150-200 yuan / ton. The main reason is the downward price demand no positive support. Downstream of PP powder market weakening, while prices fell and propylene oxide not only some equipment maintenance or reducing negative production, caused by a drop in demand. Propylene manufacturers overall shipments in general, wait-and-see atmosphere is strong. Raw material prices continued to decline, the cost of face of bad market, affected by this, acrylonitrile market focus began to loosen.

The factory overhaul completed, the supply of bad market

As of the end of October, domestic acrylonitrile factory overhaul has been completed, the factory started to maintain the overall load at around 96%, the industry nearly at full capacity, supply loose, inventory gradually rise, supply a tight state to bad market.

Downstream terminal enquiry light, bad market demand

Since the beginning of the “golden nine silver ten” small tail, acrylonitrile market becomes cold, mainstream factory offer strong, but the market prices are gradually decline, then market weakness can be reversed?

Beginning in mid October, the domestic market of acrylonitrile callback, as of November 1st, the east port tank mainstream price 10200-10300 yuan / ton, compared with 8 in October, down 300 yuan / ton, Shandong market mainstream price 10200 yuan / ton, compared with 8 in October, down 300-400 yuan / ton, what is the reason causing the market to weaken, and the latter part of the market the realization of the price reversal?

Raw material cost become weaker, bearish market

Afternoon, the present import profit chain to reduce the number of expected upside down, imports still exist. Port stocks continued will continue or drop, once the inventory continued falling, or support the long-term price of methanol.
2, the olefin demand or support in the long-term price

In 2016 with the Montana coal, Shenhua Xinjiang, Qinghai, Saline Lake and other transit co-founder of olefin plant production capacity reached 11 million 370 thousand tons of olefin plant in China, 25 sets of 16072 device. For olefin demand proportion as high as 48%, accounting for the emerging demand proportion as high as 70%. Therefore, the operating rate will continue to run high olefin is crucial to lower demand for methanol. According to our information statistics, as of November 11, 2016, olefin plant operating rate of 81.56%, rose 3.83. Since the recent olefin plant operating rate has been maintained at around 80% high level, or the existence of underpinning effect on the price of methanol.
Although the price increase is greater than the methanol olefin, olefin manufacturers profit has decreased, but MTP can still profit. The effects of stimulation of profit under the market outlook still exist olefin factory operating rate of energy prices. Olefin high operation rate or support the long-term price of methanol.

While the current is about to enter the late part of the end of the month to make delivery needs, and the tight spot pattern of short-term fear is difficult to effectively mitigate the release, the main business has multiple shipments rhythm control, every keyed complement is relatively positive, at the same time, more than RMB devaluation, clearance costs rising, are supporting the market force.

But the recent peripheral commodities of ups and downs, the Fed rate hike is expected to increase, styrene Frequent wide shocks, the majority of businesses in order to bring down the enthusiasm of speculative trader, especially downstream terminal chase efforts are expected to cool down, every high profit will continue to surge limit market space flight.

Technical aspects: The average number of still was long, but the 5 day moving average has Guaitou signs since November 14th fell below the brin on track, after a few days on the formation of strong pressure brin rail. The MACD index of red column gradually shortened, and the recent k consecutive “evening star” and “cloud” bearish form, technical display for the disadvantaged.

In short, after the recent shocks finishing after, styrene The bottom price is obviously decreasing, short-term is expected to continue the pattern of high and volatile, although the expected drop, but need to be wary of short-term Chonggao callback risk.

There are characteristics of Bankuailundong stock funds, futures market is no exception.
In November 10th, non-ferrous metal plate, copper and nickel broke out, Shanghai Shanghai aluminum trading, while the agricultural sector of the rapeseed meal limit, soybean meal, corn and other varieties also rose more than 3%. To 11, hot once again spread to the chemical industry, soft commodities sector, the ZCE cotton futures trading, PTA.

However, the night of 11 disc, the commodity market soared abruptly.

The same day, rubber, PTA and many other varieties staged roller coaster trend. The rubber 1701 main contract as an example, at more than 5% night drive quickly after diving, intraday is hitting the limit price, the amplitude of up to 11.44%.

International crude oil futures closed up Thursday’s shock, Cushing crude oil inventories continued to decline, while the organization of Petroleum Exporting Countries (OPEC) Gulf members positive remarks on limiting the production agreement easing market sentiment on cooperation prospects. U.S. WTI crude oil futures prices touched intraday high of $50.06 / barrel, Brent crude oil futures prices touched intraday high of $50.90 / barrel.

As of press time, the U.S. WTI crude oil futures closed up Thursday in December 1.10%, at $49.72 / barrel; Brent crude oil futures closed up on Thursday 0.98% December, at $50.47 / barrel.
The Cushing area inventory continues to decline temporarily stabilize the oil bulls confidence in investment, the organization of Petroleum Exporting Countries (OPEC) member states continue to support production of verbal agreement, but the dollar and the market to reach a concrete agreement skepticism is still strong, all the troubles I am afraid to wait until OPEC next month after policy meetings can be cleared.

Saudi Arabia and other members of the OPEC Gulf energy minister said this week that countries are willing to oil production from their peak cut up to 4%. Iraq had said on Sunday, hoping to get OPEC to the limiting immunity, achieve the same with Libya, Nigeria and Iran privilege.
This move has increased concerns about OPEC production prospects, because of the differences between member states increase may lead to limited production agreement cannot be truly and effectively implemented. DavidThompson Powerhouse, executive vice president, said: “these are bad for oil prices, any one of the wrong political decisions are easy to make the market make extreme behavior.”

this week showed a slight downward trend of boric acid market, the overall market fluctuation is not obvious; as of Friday (October 28th), the business community sample enterprise average is 4740 yuan / ton, down 0.03% this week, with three months as a cycle or 0.14%.

Market analysis

Products: domestic manufacturers operating rate of boric acid this week is normal, the enterprises in Shandong area sales of basic balance, to enterprises in Qinghai area under normal boric acid, manufacturers inventory can basically meet the market demand, some manufacturers are planning to upgrade the market steady light.

The industrial chain: raw materials borax market no obvious changes in cost factors favorable to support, downstream users just need to purchase, no significant changes in the overall demand.

Expansion: Xinjiang Shenhua device smoothly, has been successful in October 3rd output polymerization products, 300 thousand tons of polyethylene plant co-founder of transit planning in October 23rd 7042, linear granulation began, at the same time, the futures delivery supply into the market, supply and demand pressures increased slightly later. But the early product has yet to run in with the market, short-term impact is not expected.

Downstream market: Although the festival with high raw materials prices fell and factories will; packaging and film industry orders due to lower than expected operating rate fell, but given to films, garlic film led agricultural film production still in season, demand is stable.

But with the price up to a high level, the downstream enterprises profits by squeezing, restricting the raw material procurement initiative, while new expansion devices continue to increase, the late supply pressure gradually increased, the comprehensive advantages and disadvantages, it is expected that the recent market continued high prices will face up after the callback risk exploration.

For the cracking problem of Bridgestone, industry experts said in an interview with reporters, tire cracking is a natural aging phenomenon, but under normal circumstances, will not occur within two or three years cracking phenomenon, if there is a large quantity in different models, there may be problems with the product formula, at the same time the expert reminds the owner, if not crack spread or slow diffusion may not affect traffic safety, once the crack surface accelerated diffusion is recommended to change a tire.

Complaints jumped 17 times

Sponsored by the center for processing quality complaints Chinese Quality Inspection Association and the State Administration of Quality Supervision Inspection and Quarantine of products with relevant units of professional website Chinese quality net issued a consumer warning display, only the first half of this year 4 months, about Bridgestone tire complaints compared with the same period last year has increased by 17.3 times, China quality in the “consumer warning” that the abnormal increase of the volume of complaints that some products Bridgestone tire does appear abnormal fluctuations in the quality reputation.

The old China, with slightly stronger foreign opium to open the “Chinese abroad”, a time of opium at home in the flood, and the dangerous. Harm of drugs, not only destroy the human body, but also the will of the people, in the country, Yu Min, in himself, is a can not reverse the damage.

Many new types of drugs, in addition to the general can call on the name of the virus, K, caffeine, ecstasy, and caffeinum Natrio benzoicum, flunitrazepam, ergot ethylenediamine (LSD), methaqualone, diazepam and buprenorphine, organic solvent and inhalant etc..

At present, China’s most popular and the most serious drug is heroin, heroin belonging to opioid drugs lights.

Recently, Yang suspects on suspicion of drug trafficking, according to the law approved the arrest of Nanjing District of Liuhe City People’s procuratorate. (from the beginning of October 1, 2015, 5F-AMB was included in the national spirit and narcotics control directory became illegal drugs and unsalable goods)

Compared to “a star of suspected drug” cases, the manufacture of drugs to seek huge benefits more abhorrent.
Because the drug brings human perish!

daily Tuesday oil prices fell slightly, due to the OPEC members and non members between the delay in the specific production plan agreement, the market sentiment significantly dampened the market, the organization of Petroleum Exporting Countries (OPEC) to the limiting pessimistic outlook today oil yesterday fell trend, but due to the weakness of the dollar for oil prices provided some support, narrowed decline yesterday.

As of the close, the United States WTI December crude oil futures fell 0.41% to $46.67 a barrel. January Brent crude oil futures fell 0.97% to $48.14 a barrel.

Market analysts on Tuesday (November 1st) said that if Saudi Arabia and other organization of Petroleum Exporting Countries (OPEC) can not explain the specific plan of production, prices will continue to fall under pressure.

To highlight the policy guidance, to promote the rapid and healthy development of the industry. According to the national development plan, by 2020, natural gas accounted for 10% of primary energy consumption in 2030 accounted for 15%. To achieve this goal the country needs the introduction of more effective policies and measures to promote the development of the domestic gas storage and transportation facilities. Accelerate the improvement of the price mechanism of natural gas market, to support efforts to increase tax on imports of foreign resources.
To strengthen international cooperation to achieve mutual benefit and win-win. To strengthen inter governmental cooperation, improve the development and utilization of natural gas cooperation mechanism; strengthen energy cooperation between enterprises, to promote the sharing of application of natural gas field of new technologies, new processes and new materials and new equipment; strengthen the construction of interdisciplinary cooperation, development and utilization of natural gas cooperation platform, implementation of oil and gas, storage and utilization of the enterprise and different industries and enterprises effective interaction and win-win cooperation.
Zhang Jianhua stressed, the potential of the natural gas market demand is huge, broad space for industrial development. China oil will earnestly implement the innovation, openness, sharing, coordination, green development concept, vigorously implement the resources, market,

internationalization and innovation strategy, combined with its partners, earnestly fulfill the responsibility, change the development and utilization of energy resources, vigorously develop the natural gas business, in order to promote energy reform, make contributions to promoting the sustainable development of social economy and business Chinese the host country.
Before attending the forum activities, Zhang Jianhua came to Jiangsu to train sales Suzhou Kangfu research gas station. He asked in detail about the marketing and personnel in the station, understand the non oil commodity configuration and oil station management and cultural construction, expressed appreciation for the optimization of scheduling practices, told frontline staff should be concerned about life. He also has a further understanding of business development in Jiangsu, sales of the company’s profit, representing a substantial increase of affirmative requirements continue to pay special attention to the terminal market construction, further efforts to lowering the efficiency of work.

daily With the global environment and climate change is a serious problem, the transformation of energy development, energy structure adjustment has gradually become a global consensus. In October 30th, by the National Energy Bureau, Jiangsu Provincial People’s government, the International Renewable Energy Agency jointly organized the 2016 international energy reform forum held in Suzhou.

The opening ceremony of the forum of rich content. State Councilor Wang Yong attended the opening ceremony and Chinese, stressed the government always attaches great importance to the transformation of energy development, a period in the future, will adhere to the new concept of development, actively promote the transformation of energy production and consumption patterns, accelerate the construction of low-carbon clean, safe and efficient modern energy system. Deputy director of the national development and Reform Commission, the National Energy Board Secretary Nur Bekri presided over?. Deputy Secretary General of the United Nations, the international renewable energy agency director general, Jiangsu provincial leadership speech, Germany, Denmark senior government officials also shared their experience in energy transformation.
Group, deputy party secretary, general manager Zhang Jianhua made a keynote speech at the forum, to speed up the natural gas development advice. He said that natural gas as a clean energy, the development and utilization of more widely become the only way which must be passed in energy transformation, plays an important role in improving the atmospheric environment, promote green development and ecological civilization construction, improve people’s quality of life.
Zhang Jianhua stressed that the natural gas to promote technological innovation, increase the development and utilization of natural gas. In the upstream exploration and development to accelerate the formation of a number of international competitiveness of advanced core technology; in the downstream utilization, accelerate the upgrading of the level of domestic gas turbine, natural gas vehicle use breakthrough technology, promote the efficient use of natural gas. The depth of speed up the application of information technology and Internet technology, to achieve optimal allocation of resources and improve the natural way of major changes and the efficiency of gas development and utilization.

in October 26th, Hebei Zhengyuan chemical methanol external acceptance offer down 50 yuan / ton to 2170 yuan / ton, the current Lingshou and Nissan 300 tons of highly stable methanol plant.

Shandong Qi Xiang Huangdao 80 thousand tons / year plant and Zibo 70 thousand tons / year plant running smoothly. Today China to offer 6300 yuan / ton, Southern China can offer 6500 yuan / ton, the tighter supply of factory, export shipment.

Shandong Dongming 40 thousand tons of butanone pear Chemical Co., with an annual output of the plant, full load operation, according to the factory this week yield all pre-sale is completed, no plan this week, next week is expected to perform cash from mentioning sales price 6050 yuan / ton, east to the execution price 6400 yuan / ton.

Yanzhou acetic anhydride device driving operation, the output of 240 tons, manufacturers supply sales, prices for 5000 yuan / ton.

Shandong Hualu-Hengsheng acetic anhydride unit in the parking overhaul, manufacturers plan down for 20 days.

The market price of acetic anhydride in East China fell inside the mainstream discourse in the 4300-4400 yuan / ton, the acetic anhydride supply increases, the downstream users parking more, prices decline.

The market price of acetic anhydride in North China decline, discuss the mainstream venue for 4300-4400 yuan / ton, the cash supply increases, the downstream business procurement is not positive, the decline in prices.

The operation of acetic anhydride plant in Jilin petrochemical production capacity of 20 thousand tons of calcium carbide factory, the factory price of 5100-5200 yuan / ton, can go off.

Chemical market: the price depends on the routine deep to the inventory to the more violent than imagined

You know about this terrible situation? Only this year, a lot of China bulk chemical raw material market price has risen by more than 50%. I am not alarmist, whenever there is a little knowledge of the economic partners, will be able to believe that contrary to the principle of behavior to see one or two, “going out” let Xiaobian take you a brief analysis:
First of all, the chemical giant open acquisition mode

Chemical market: the price depends on the routine deep to the inventory to the more violent than imagined

If the news is true it means that global agriculture and seed industry in the field of “big six” – Meng Shandou, Syngenta, Bayer, Dow, DuPont pioneer and BASF were involved in mergers and acquisitions chaos. And China to acquire chemical and agrochemical business among the big six of the first to become the giant Syngenta A new force suddenly rises.

China chemical to win why Syngenta?

The media that there are two reasons:

One is through the acquisition of the Syngenta seed technology will further enhance Chinese food security, national interest.

The two is Chinese chemical will also expand the international market of pesticides and crop layout, chairman Ren Jianxin also Chinese chemical change genes will be able to achieve the company “”.

The acquisition of Monsanto last month Bayer officially announced, the Wall Street informative also mentioned, whether it is the acquisition of Chinese Syngenta, or about to be acquired by Monsanto, GM is focusing on the development of the two companies in the sector.

Recently, the Development Commission issued “natural gas pipeline transportation price management approach (Trial)” and “natural gas pipeline transportation pricing cost supervision and examination methods (Trial)”, a major reform of the price mechanism of natural gas pipeline transportation.

In addition, in October 10th -10 month 14 days, 5 days, the CSI 300 rose 1.62%, Shanghai million chemical industry rose 3.06%, outperforming the Shanghai and Shenzhen 3001.44 percentage points, 28 in the SWS industry ranked eleventh, among the biggest gainers; 22 sub sectors are observed, in addition to the compound fertilizer industry declined slightly by 0.76%, the remaining sub the industry showed a rise, among them, 5 industries or paint, phosphorus chemical industry, chlor alkali, pesticide and polyurethane top, were up 8.76%, 7.29%, 5.36%, 4.82% and 3.93%.

At present, the industry overall valuation of 35.75 times, compared to the CSI 300 valuation premium rate of 194.72%, a slight increase in valuation premium rate last week.

This week the chemicals market overall performance stable, strong cyclical varieties of price increases significantly.

There are varieties of prices rose significantly:

Coal chemical products, plastic industry chain, TDI, pure MDI, PX, polyester staple fiber, synthetic rubber, glyphosate, chlor alkali chemical, melamine and manganese materials etc..

Product prices are obvious:

MDI, the polymerization of aniline, hard foam polyether, small nitrogenous fertilizer and chloromethane etc..

According to the 120 emergency personnel, one person was injured in the explosion, has been sent to the No.2 Affiliated Hospital of Shandong University for treatment, the site still has many ambulances on standby, temporarily not clear whether there are other injured.

The fire caused by welding responsibility has been controlled

As of 17, the fire is still not completely extinguished. Affected by the fire, the farm north of the city to Victory Road East traffic control has been implemented. 17 points to 07 points, Ji’nan police and Ji’nan fire bulletin said, the fire of Ji’nan Xin Longhai industry and trade limited company warehouse, fire material for hydrogen peroxide tank, sodium chlorate, nitrite and other additives, paper products, books, etc..

Learned from the Ji’nan municipal Party Committee Propaganda Department, the warehouse for the West Village Xin Longhai industry and trade company rental Licheng District Lotus Street 300 square meters warehouse, storing some chemical raw materials, because the owner of self expansion, welding fire accident, caused by the neighborhood, other wood fire debris storehouse, burned area of 1000 square meters. As of 16, the fire is under control.

After preliminary investigation, in addition to a wounded, no other casualties, environmental protection departments on-site monitoring found no abnormal organic pollutants, the responsible person has to be controlled.

He said that Chinese fertilizer industry has reached a critical period of transformation and development, only through the transformation and upgrading to promote the industry to resolve overcapacity, adjusting the industrial structure, promote the upgrading of product structure and quality.

The industry is closely linked to “Chinese manufacturing 2025″, “13th Five-Year” plan, promote the transformation and development of chemical fertilizer industry. With the help of “The Belt and Road” is Pan Aihua to indicate the direction of domestic fertilizer enterprises.

Pan Aihua said, promoting the cooperation capacity nitrogenous fertilizer enterprises can focus on both resources and market advantages in Vietnam, Indonesia, Bangladesh, South East Asia and South asia. Domestic enterprises can accelerate the construction of potash in Laos, Uzbekistan and other overseas potash fertilizer base, significantly enhance the Chinese K comprehensive security at home and abroad ability.

18 international oil prices closed up, OPEC Secretary General Barkindo 18, said that Russia has been actively trying to stabilize the international oil prices, OPEC and Russia meeting in November to jointly promote the implementation of production agreement. Boosted by the news, international oil prices rose. New York, November delivery of light crude oil futures prices rose 0.35 U.S. dollars, to close at $50.29 a barrel, up 0.7%. December delivery of London Brent crude oil futures prices rose 0.16 U.S. dollars, to close at $51.68 a barrel, up 0.3%.

Yesterday the market price of a slight concussion, polypropylene futures shock rebound, market guidance is not clear, the oil and petrochemical factory price stable, formed a certain cost to support supply. Trader on sale to promote the transaction; the lower reaches of factory goods limited strength, the overall turnover continued light, around the market reference: Puyang market stable move, the T30S reported 8200 yuan / ton, Changzhou coal market weakness Yindie, L5E89 reported 7900 yuan / ton, Xiamen market stable move, 1080K reported 8400 yuan / fordland ton. PP is expected to market finishing slightly.

R22 upstream raw material needs to enter the off-season, the terminal consumption ability is insufficient, trading atmosphere is not ideal, low inventory, this week, the domestic R22 prices continue to fall, six weeks or 1.08%, hexafluoropropene cost support shortage of downstream products; fluorine resin and fluorine rubber, fluorine refrigerant, fire extinguishing agent HFO-1234yf ether, R227ea, fluoride, medicine pesticide containing fluorine, fluorine containing surfactant intermediates such as market demand than before, six HFP still take the goods.