In April 7th, Nike Air Jordan 4.5 Womens
the domestic MIBK market temporarily stable. Asics Gel Lyte 5 Femme Kaki The acetone raw material prices, Oregon State Beavers Jerseys increased loss of MIBK. NIKE ROSHE TWO At present, Timberland Classic Bottes the market of East China water reference price in about 7800-8000 yuan / ton, Air Jordan 3 the price of the MIBK market in Southern China 7300-7400 yuan / ton.

In April 7th, Canada Goose Chateau Parka Southern China Guangdong area of phthalic anhydride market narrow finishing, Nike Air Max 90 the cash supply level is not high, Georgetown Hoyas Jerseys save some support, Umbro Speciali homme but the downstream demand is difficult to follow, Northern Iowa Panthers strong wait-and-see mood, Canada Goose Femme atmosphere slightly pale. NIKE AIR MAX 2017 HEREN KOPEN At present, Armani Survetement the market reference price of 6700-6800 yuan / ton around to offer more high-end.

recently, by pouring down the negative effects of olefin plant, methanol has high callback. Texas Tech Red Raiders For a month last year, although the market bearish sentiment is relatively heavy, but in the northwest of supply and demand than expected, tight supply is difficult to port has greatly improved the situation, December cautious bearish methanol. Parajumpers Homme Adirondack

Northwest shipping pressure weakened From the main flow of methanol in Northwest China, local business owners for the local olefin plant, Shenhua Yulin and Montana coal is still the main procurement. Nike Air Presto Since Shenhua Ningxia coal 1 million tons of methanol production, in addition to some parking device load reduction, Yulin coal 1 million 800 thousand tons of coal methanol plant in Huating Xu gradually restart, 600 thousand tons of coal methanol unit to return to normal production last week. Phil McConkey Thus, the northwest operating rate rose sharply to 74.13% last week. NIKE AIR ZOOM PEGASUS 33

The market is expected to enter in December, the traditional downstream demand in Northwest China will continue to shrink, and since may experience winter this year, road transportation will increase the difficulty, which will increase the difficulty of methanol shipments . Air Jordan Retro 4 With the gradual accumulation of inventory, do not rule out the possible elimination of Library cuts. Air Jordan 2012 Shoes At present, although the sale of methanol outside is mainly concentrated in the Inner Mongolia north line, but as of November 25th, Shandong to spread northwest has been expanded to 425 yuan / ton, northwest to Hebei spread widened to 285 yuan / ton, arbitrage space has been opened. Timberland Hiver Bottes At present, the supplier supply mainly sent to Shandong, Hebei area consumption, which will reduce the ship resistance, to the northwest of the impact will be reduced.

in October 26th, Canada Goose Trillium Parka Luxi Chemical Group Limited by Share Ltd production of small granular urea market price rose 10 yuan to 1275 yuan / ton, Parajumpers Homme Big Bend the real single talk, Canada Goose Femme Nissan 2000 tons of urea manufacturers, Under Armour Rocket the main spot for surrounding agriculture procurement.

recently, Canada Goose Montebello Parka acetic anhydride acetic acid Market upstream raw material prices stable. Michigan State Spartans Jerseys The downstream manufacturers equipment operating rate at a low level. NIKE LUNAREPIC FLYKNIT With the downstream procurement efforts weakened, Parajumpers Simona just to be based, Burberry Vestes is expected to recent market prices sharply lower acetic anhydride. ULTRA BOOST

In September 12 day parts of domestic acetic anhydride market overview: The market price of acetic anhydride in Central China market decline, Charlotte Hornets holding goods businesses reported 4400-4500 yuan / ton, Adidas Original Zx Flux Homme the cash supply increases, Veste Armani lower the market price of acetic anhydride.

please review: believe that the mention of “price to rely on inventory, your first thought should be the real estate economy. New Balance 420 homme Buyers generally do not buy or buy up the psychological, see skyrocketing housing prices, fear can not afford to buy more, NIKE ZOOM KD 9 then a part of the purchase plan and the future there are plans to purchase the buyers and the feedback to the stampede in, Parajumpers Vest the rising prices. Adidas Zx Flux Femme Rose

In fact, “means to rely on price of stock” also exists in all walks of life, Adidas Zx Flux Homme Noir as long as the violation in the relationship between supply and demand imbalance prices, Bottes Ugg mostly relating to. Jordan Flight Especially in a serious business monopoly in the field, Kyrie 1 Basketball shoes
even more so. Timberland Fold-Down Bottes Recently, the BASF case of explosion heat warming, Dwayne Harris compared with the negative effects brought by the rising part of the chemical products of more concern.

in recent years, with the rapid development of pesticides, pesticide types are also increasing in the. The negative phenomenon of pesticides is becoming more and more serious, in response to this phenomenon of China’s pesticide related departments to make some corresponding measures. The new “advertisement law” as a social concern today formally implemented. New “advertisement law” summarized and absorbed the old “advertisement law” the implementation of many years of practical experience, the original article 49 increased to 75, responded to the hot and difficult issues of social concern, from the point of view of the laws of the state of current advertising management system for the further improvement. Details are as follows: it is reported that new “advertising law” for pesticide advertisement specifically to increase the specific several provisions, these red line can’t step: New Advertising Law Article 21: pesticides, veterinary drugs, feed and feed additives advertising shall not contain the following contents:
(a) said the efficacy and the safety of assertion or guarantee;
(two) the use of scientific research units, academic institutions, technology promotion agencies, industry associations and professionals, the name of the user or image as recommended, proof;
(three) explain the efficiency;
(four) words, language or pictures that violate the safety rules;
The law provides that all pesticides must be truthful and credible, can not be exaggerated or asserted, and the use of associations or experts to conduct publicity endorsements, misleading the use of non safety. Such as the use of this product will be able to increase production, and certain institutions recommend products, such as advertising, there is a violation of the law.
Article 46 of the new advertising method: medical, pharmaceutical, medical equipment, pesticides, veterinary drugs and health food advertising publishing, as well as laws and administrative regulations shall review other advertising shall be before it is released by the relevant departments (hereinafter referred to as the advertisement examination organ) in the advertising content review; not upon examination shall not be released.
The law requires that all pesticide advertisement before release must be after pesticide review agency review and obtain approval of the symbol and then can be released, let advertising in an orderly manner.
Violation of the above provisions, the administrative department for Industry and Commerce shall be ordered to stop advertising and ordered advertisements main within the scope of the corresponding to eliminate the influence, advertising costs more than doubled three times less fine, advertising costs cannot be calculated or is obviously on the low side, 1 00000 yuan but not more than 200000 yuan to a fine; if the circumstances are serious, advertising fees at more than three times less than five times the fine, advertising costs cannot be calculated or is obviously on the low side, impose a fine of not less than 1 million yuan but not more than 200000 yuan can revoke the business license, and the advertisement examination organ to withdraw advertising review group of standard documents, within one year does not accept the advertisement examination application.
At the same time, the new “advertisement law” to the illegal objects were clear, the parties have “responsibility fields”. Designated red after pesticide advertising activities of the parties for their own responsibility fields”. The new advertising method to advertisers, including pesticide management and production enterprises, advertisement release, advertising agents, Advertising Spokesperson, advertising regulatory agencies such as the main types of responsibility defined, advertisers for advertising shall be responsible for the authenticity, advertising, advertising operators, endorsers bear the corresponding legal responsibility. Here to point out is the advertisement designer or creative people in violation of the relevant provisions may have to bear the corresponding legal responsibility. The new “advertisement law” also reiterated the “most” do not use comparative vocabulary.
The new revised “advertisement law” defines all kinds of illegal terms, and clear the illegal object, aggravated the false advertising punishment, increase the cost of illegal. The implementation of the new “advertisement law” should be caused by the pesticide industry enterprises, strengthen the publicity of the internal audit, in accordance with the law of scientific propaganda.

a

The chemical industry is still in the stage to production and inventory, maintain the industry “neutral” rating. Recommended by industry capacity contraction caused prices expected to tire, viscose and fluorine chemical industry, as well as by the downstream demand driven by the explosive growth of lithium battery materials and electronic chemicals industry.

Industry profitability improved slightly, to production capacity and inventory continues to go

2016 1-2 months, chemical raw materials and products industry revenue grew 2.5%, close to the bottom of history; the sales profit rate rose by 0.35%, earnings improved slightly; the growth rate of fixed asset investment is -2%, for the first time in twelve years of negative growth; industry initiative to inventory for 18 months, or more than half of Ku Cunzhou. Overall, the main downstream demand weak recovery in the short term, the industry is still in the bottom of operation, capacity to arduous task, will continue to inventory;

The two quarter of the investment strategy:

Grasp the “capacity expansion” and “demand rise” two main lines. Production capacity: contraction of the industry caused by tight supply and demand capacity in the two quarter contraction cycle industry, tire, viscose and fluorine chemical products prices are expected to have greater performance flexibility, focus on investment targets.

Demand: the rise of new chemical materials and high-end specialty chemicals market demand, especially in China’s market supply gap. Around the idea of investment demand, research foundation, breakthrough is possible, we are optimistic about the low-end products has achieved import substitution, and is expected to realize the industrialization of lithium battery materials industry electronic chemicals industry and benefit from the new energy vehicle market the explosive growth of high-end technology breakthrough;

Lithium materials share the new energy vehicle market growth feast, diaphragm and three yuan materials enter the golden period of development. 1-2 month growth of 81% new energy automobile production increased to 16 years, the off-season, is expected to 18 annual production exceeded 1 million, the corresponding power battery demand of 81Gwh, compared with 15 annual growth of nearly 400%. Three yuan battery with its energy density advantage has become the mainstream of the domestic and foreign new energy passenger car battery with three yuan, the corresponding cathode material and wet membrane demand in the future is expected to maintain rapid growth.

Electronic chemicals by the rise of the trend of rapid development of electronics industry

With the rapid growth of China electronics industry, supporting the localization trend of electronic chemicals is irreversible. China needs a huge market space, the domestic electronic chemicals enterprise technology crucial way to continue to move forward, gradually reduce the dependence on foreign. We favor with continuous innovation, at the forefront of the industry in China, and is expected to break through the high-end electronic chemicals market quality enterprises.

Beijing on the evening of 19, according to the bank and industry sources, China chemical group had at the end of last year a takeover approach to British Gas Group (BG), then the latter is nearing completion and Holland Shell group $52 billion worth of deals.

According to two sources close relationship with China chemical said the company had hired HSBC for the acquisition of consultants, in December last year to send a delegation to the British approached BG chairman Andrew – Gould (Andrew Gould), and plans to put a full cash offer.

Shell and HSBC declined to comment for this story. Last April, Shell announced the acquisition of BG, which is nearly ten years, the global energy industry’s biggest mergers and acquisitions. 1 at the end of this year, the deal was both shareholders and antitrust approval, and finally completed in February, Shell became the world’s largest liquefied natural gas producers and major deep-water oil producer.

In February this year, China chemical announced will be $43 billion acquisition of Swiss agricultural giant Syngenta, as mergers and acquisitions advisory for the company is hsbc.

In the China river network 18 new steel group and Serbia government signed the acquisition of J May Dei Trvor iron and steel plant to 46 million euros.

Serbia’s Prime Minister Wu Qiqi attended the signing ceremony. The Cypriot economy minister Zeljko Sertic and River steel chairman Yu Yong signed the agreement.

Vucic said that the two sides after long and difficult negotiations to reach a final agreement, “I am very happy, also very proud Chinese investors to help the state-owned enterprises to reverse the situation facing closure.”

Yu Yong said, to provide employment opportunities to River Steel Group steel plant has about 5000 employees, and through technical transformation, is necessary to develop the advanced production technology and management advantages and strong ability to control the international market, the iron and steel factory to build cooperation with central and Eastern Europe Chinese international capacity model works, become one of Europe’s most competitive iron and steel enterprises.

Chinese Embassy in Serbia on behalf of Lu Yama said that this cooperation is very important, the strategic partnership between the two countries to a new level.

According to reports, the River Steel Group is headquartered in Hebei, Chinese is the largest and the world’s second largest steel enterprise groups, business in more than 100 countries and regions.

J May Dei Trvor steel was founded in 1913 2003, after the collapse of the price of $23 million to the U.S. Steel Corp. In 2012 the United States capital investors, the government of Serbia for $1 to regain the title mills. Since then, the Cypriot government has been looking for new investors.

R22 upstream raw material prices stable, the downstream six hexafluoropropene terminal to maintain steady state, is expected next Saturday to continue hexafluoropropene market consolidation, specifically to see the downstream market demand.

Six overview of hexafluoropropene markets in parts of China in April 18th:

East China six HFP quote about 55000-60000 yuan / ton, the actual transaction price negotiable, driven by the rapid rise in the price of goods supply is low, enterprises take the goods shipped better.

Jiangsu Meilan Chemical Group Co., Ltd. six HFP offer 55000 yuan / ton, the actual transaction price negotiable, operating rate of 100%, the inventory is acceptable, enterprises go smoothly.

Shandong Dongyue fluorine six propylene quote about 56000-58000 yuan / ton, the actual transaction price negotiable, annual production capacity of 10 thousand tons, the operating rate of 100%, enterprises go smoothly.

Wuhan Feiteng six HFP distribution price 63000 yuan / ton, six HFP tight supply, ship. The actual transaction price.

[hot] At present, the domestic spot market consolidation.

The stability of the mainstream 1680-1750 yuan / ton; futures weak shocks, port mixed, up 10 in the east end of Southern China 1890-1980 yuan / ton, down 30-20 yuan / ton 1940-1970 yuan / ton, the rest is temporarily stable.

Recently, the domestic methanol market goods rebalancing effect, port stocks fell, the downstream receiving goods temporarily, the northwest new MTO projects progressing smoothly. But this week the Hong Kong port or less, in the second half of the month arrived, the industry outlook on divergence, northwest shipping market no pressure, or higher again and again, such as port stocks surge, the market again fell, China will continue to show regional mixed trend.

Under the influence of multiple factors, the recent domestic methanol market or a narrow range consolidation, local or regional trend

Held in April 12th 2016 the petrochemical industry development conference, Chinese petroleum and Chemical Industry Association released “petroleum and chemical industry” 13th Five-Year “development guide” (referred to as the “guide”). “13th Five-Year” period, the average annual growth rate of the industry will be transformed into single digits, great progress has been made in adjusting the structure, new chemical materials and other strategic emerging industries accounted for significantly improved than the.

The primary task of adjusting structure

“13th Five-Year” period, the average annual growth rate of the petrochemical industry will be nearly 40 years of transformation of two digit growth in single digit growth, industry challenges and opportunities. Although the petrochemical industry “13th Five-Year” plan has not yet been officially released, because industry association is often the main compilation of 13th Five-Year “plan,” has important reference guide “issued on the development of the industry.

Petrochemical Industry Association President Li Shousheng said, “13th Five-Year” period, the development of the industry thinking includes four aspects, optimize the structure, growth. To adhere to the “structural adjustment” and “steady growth” as the “two major tasks for 13th Five-Year” during the development of the industry; to achieve innovation driven, green development. Adhere to the innovation driven and green development as the “13th Five-Year” during the two industry development strategy; optimize the stock, making incremental. Adhere to the traditional industries and the development of strategic emerging industries as the two main direction of ascension; to deepen reform, promote open. Adhere to the deepening of reform and opening up as the two important to promote and support the development of the industry.

Petrochemical Industry Association vice president Li Runsheng said, “13th Five-Year” period, the industry will strive to achieve six major development goals. The total economic steady growth, the industry’s main business income of the average annual growth of around 7%, in 2020 reached 18 trillion and 400 billion yuan; great progress has been made in adjusting the structure, new chemical materials and other strategic emerging industries accounted for significantly improved products, fine rate is greatly improved; the green development pattern formed, yuan added value of energy consumption and pollutant emissions the amount decreased significantly, major production safety accidents have been effectively curbed. In addition, the ability to significantly enhance innovation, brand quality steadily improved, significantly enhance the competitiveness of enterprises.

Strict control of excess capacity

According to the “guide”, strict control of excess production capacity, promote the industry upgrading become the main idea of the development of industry during the period of 13th Five-Year “.

In the oil and gas fields, will adhere to the conventional and unconventional development, achieve long-term stable peace domestic crude oil and natural gas production capacity of the steady supply of natural gas, and strive to 2020 accounted for the domestic primary energy consumption close to or up to 9%; the key technology breakthrough in exploration and development, effectively reduce production costs; and further improve the natural gas industry policy and the price mechanism.

The infrastructure construction, will steadily push forward the crude oil and refined oil pipeline construction, and vigorously promote the capacity of the national strategic oil reserve construction; to speed up the construction of natural gas pipeline network and multi level reserves of natural gas peak shaving system, the formation of the national backbone network. “13th Five-Year” at the end, completed a total of total length of crude oil, refined oil pipeline is 65 thousand kilometers, the total mileage of natural gas pipeline to 107 thousand station 21 km; new and expanded LNG reception, 2020 receiving capacity reached 85 million tons / year or above.

In the petrochemical industry, focus on the optimization of industrial layout and structure of raw materials, to promote the development of high-end products and other aspects of a breakthrough; but strictly limit new refining capacity growth in 2020 will strive to domestic refining capacity at 8.5 tons.

Based on the field of chemical industry, focus mainly involves four aspects, including the strict control of nitrogen and phosphorus and other traditional industry overcapacity, explore the establishment of long-term mechanism of backward production capacity out; vigorously implement the technological upgrading, promote the development of basic chemical products from industrial grade to electronic grade, pharmaceutical grade and food grade; strengthening the application of traditional research products, expand the application areas of traditional products; promote agricultural products and agricultural service upgrade. Chemical fertilizer enterprises from production to production of elemental fertilizer mixed fertilizers changed, pesticide enterprises to accelerate the development of green pesticide toxicity of new varieties and new dosage form products, change agricultural enterprise by the production enterprise to the production of the service enterprises, multi business model development.

The key breakthrough of new materials

The structural surplus is the main problem facing the petrochemical industry. In conventional varieties, severe overcapacity behind, a considerable part of the new chemical materials products rely heavily on imports, some products are still in the blank. The “guide” of new chemical materials, modern coal chemical and biological chemical industry are put forward development goals clear breakthrough.

In the field of new chemical materials, accelerate the industrialization process of blank products. Push PC (polycarbonate), PEEN (polyether ether nitrile) such as research and development of engineering plastics and metallocene polyethylene, polypropylene and other high-end metallocene polyolefin resin and phenyl silicone monomer, rubber and halogenated Ding Ji, actively develop new heat has the special properties of hydrogenated nitrile butadiene thermoplastic elastomer. To reduce the cost, improve the quality of products, the key breakthrough of domestic T300 level and T700 level of carbon fiber with low cost, stable production and scale production technology, improve POM, PET/PBT resin, PPS, nylon engineering plastics product quality. The supply of key raw materials supporting the upstream Bottleneck Breakthrough, to accelerate the development of adiponitrile, CHDM (1,4- cyclohexane two methanol) and other key supporting monomer and engineering plastic alloy, accelerate the development of cyclohexene -1 and octene -1 high carbon olefin comonomers, promote high performance polyolefin industry.

In addition, new chemical materials in new application areas is expected to accelerate, including promoting environmental protection polyurethane promotion in the field of building energy conservation; the development of high-end fluorine and silicon polymers, fluorinated functional membrane materials and chemicals; promote the application of silicone in many industries; at the same time with the rapid development of electronic chemicals, new energy battery supporting integrated circuit etc..

For modern coal chemical industry, will adhere to the efficient transformation of reasonable layout, the volume of water resources, to carry out clean, the key works of modern coal chemical industry and industrial upgrading demonstration. In the field of bio chemical industry, enhance the level of technology and economy, promote the large-scale commercial application of bio based chemicals and biofuels, bio based new materials, the development of biomedical materials; speeding up, meet the increasing market demand. Strive to “13th Five-Year” at the end of biomass fuel ethanol production reached 5 million tons, 2 million tons of biodiesel production capacity.

In April 7th, Yanshan surrounding the mainstream discussion acetone market price of 5050 yuan / ton. The current market trading atmosphere, downstream factories average, procurement of raw materials mood is not high, holding the goods carefully offer.

In April 8th the East China prices oxylene market shocks, the price in the 6400-6500 yuan / ton, the recent business sentiment is strong, reduce turnover, price shocks run.

In April 7th, isopropanol market high consolidation. At present, the Jiangsu harbor area market reference price in about 5950-6000 yuan / ton, Shandong area market reference price of 6200 yuan / ton, the market in Southern China area, the reference price in 6100-6200 yuan / ton.

In April 7th the East China prices oxylene market shocks, the price in the 6400-6500 yuan / ton, the recent business sentiment is strong, reduce turnover, price shocks run.
barium hydroxide

In April 7th, the Shandong area of n-butanol market consolidation, the current mainstream factory offer in 4800 yuan / ton, the firm talks in 4850-4900.

The downstream products of butyl upside down costs, digest inventory of raw materials, low butanol unitoperahon butyl make long purchasing cycle. Propylene slightly upward, and the local factories is not high, manufacturers no sales pressure, stable operation.

From April 1, 2016 onwards, Britain will prohibit the sale, distribution and use of organophosphorus insecticide chlorpyrifos containing products. The only exemption products processing products for seedling plants of the genus Brassica extracts, applications for automatic spray.

In 2015, the British public facilities department canceled the application of chlorpyrifos. August 31, 2015, all chlorpyrifos in sport game lawn spraying is prohibited, individual regions, such as horse race enclosure are exempt. February 12, 2016, UK health and Safety Administration (HSE) announced that in addition to the application in Brassica. All chlorpyrifos application registration is cancelled. In addition, after October 1, 2016, the storage of chlorpyrifos products will become illegal. The following is the main content of the HSE declaration:

- from April 1, 2016 onwards, in any crop spraying chlorpyrifos containing products is illegal

- from February 12, 2016 onwards, manufacturers will stop chlorpyrifos products sold to distributors

- users before 1 October 2016 by waste treatment company the right to dispose of the chlorpyrifos products

- after October 1, 2016, any store containing chlorpyrifos products illegal

[Depth Reports] Recently of crude oil continues down, Sinopec disc products most trend of consolidation, the market remains weak and narrow plate $styrene. Downstream demand improved from the previous month, raw material prices, the decline in product prices, maintain a joke contract based, purchasing lighter mood.

Because of the recent rally hit $40 / barrel above the strong resistance at the same time, the market concerns about the U.S. crude oil inventories continued to increase the pressure, restart the decline in oil prices today, in addition, before the Fed meeting resolutions more cautious investors also inhibit the action for oil prices to . The United States in April WTI crude oil futures on Tuesday (March 15th) fell $0.84, or 2.26%, at $36.34 / barrel. May Brent crude futures fell $ 0.79 on Tuesday, or 2%, at $38.74 / barrel.

15, styrene commodity index was 78.15, compared with the previous day fell 0.14 points, representing the highest point period 120.11 (2012-10-29) fell 34.93% compared with December 18, 2014, the lowest point of 56.26 rose 38.91%.

17, the price of North China Styrene Market intention, heard a selling intention 9050 yuan / ton to firm talk. The price of Southern China styrene market rose, smell the Guangzhou market intentions offer 9200 yuan / ton from mentioning the atmosphere is light, firm talk. East China styrene market opened slightly higher, the smell of selling stock pushed up to 9000 yuan / ton, the smell of buying intention 8900 yuan / ton, the temporary lack of firm negotiating contract, firm talk. Sinopec East China sales company styrene prices down 200 yuan / ton, recently received its foreign marketing ZRCC factory price temporarily stable price implementation of 8650 yuan / ton. Tianjin Dagu styrene prices down 100 yuan / ton, 8700 yuan / ton, business unit operating stability, sales contract.

At present, the overall, the domestic enterprises generally slightly lower prices, to discuss the market slightly weakened. Recently the price of a narrow range of finishing, just downstream recovery is expected to continue to maintain short-term styrene prices within a narrow range.

Benzene market external disk spreads gradually reduced, the market to raise enthusiasm, but because the spot market supply, and the hydrogenation of benzene to market at high prices to continue to take the goods, pure trade daily dish is still strong.

Oil prices fell by 2% on Tuesday, a day before the continuation of the decline, traders focus back to the warehouse on a large surplus of supply. NYMEX April crude oil futures contract fell $0.84, or 2.3%, to settle at $36.34 a barrel. International crude oil continues downward, pure decline trend of the outer disk, the Asian market offer at $600 / ton.

15, the Asian benzene Market FOB Korea fell $23 to $607-608 / ton, FOB Southeast Asia fell $23 to $592-593 / ton, CFR Chinese fell $17 to $624-625 / ton.

The 17 day, Sinopec North China sales company benezene temporary price stability, the implementation of 5000 yuan / ton. Normal inventory, stable sales contract. Qilu Petrochemical, Shijiazhuang refinery, Tianjin petrochemical, Ji’nan refinery, the uniform implementation of 5000 yuan / ton. East China branch of Sinopec Sales benezene offer temporary stability, Shanghai petrochemical, Yangzi Petrochemical, Zhenhai uniform implementation of 5000 yuan / ton (factory). Sinopec Southern China branch sales benezene temporary price stability, the implementation of 5000 yuan / ton, the export is not much, the main contract delivery, inventory general. Central sales branch of Sinopec benzene Guapaijia temporarily stabilized, Changling refinery, Wuhan petrochemical, Wuhan Jingmen Luoyang ethylene, the implementation of 5000 yuan / ton, inventory pressure is not high, stable sales. In the Northeast Petroleum Benzene prices temporarily stabilized, Daqing petrochemical, Liaoyang petrochemical, Jilin petrochemical and Fushun Petrochemical 5000 yuan / ton, export supply part of North China, mainly for personal use. In the Northwest Petroleum Benzene prices temporarily stabilized, the implementation of 5000 yuan / ton, the export of normal, Urumqi petrochemical and Lanzhou Petrochemical to East China export prices 5050 yuan / ton, low inventory.

At present, the overall, crude oil and benzene market by outside support, coupled with the high price consolidation, hydrogenation of benzene to benzene market market trend rise, support. Trader mentality strong, offer high, but the terminal of buying, the market operation stalemate. The recent high benzene market consolidation, still need to pay attention to crude oil and dynamic disk.

In March 20th, the Yangzhou price department issued agricultural price monitoring results of spring sowing in spring of 2016, chemical fertilizer, agricultural diesel prices fell, rice seeds, pesticide prices stable, farmers carry out farming burden.

Pictures from the network

Monitoring shows that in 2016 the mainstream grain Nanjing 9108 per 500 grams of the retail price of 4.5 yuan, wuyungeng 23 and wuyungeng 24, Nanjing 49, 4.2 yuan, compared with the previous year prices were flat. The price of fertilizer big decline in domestic DAP per kilogram of the retail price of 1.50 yuan, down 50%; components 50% ~ 60% potassium chloride is 2.60 yuan, down 18.75%; domestic 46% urea nitrogen of 1.66 yuan, down 2.35%. In addition, 0# agricultural diesel 5.60 yuan per kg, down 20%.

Yangzhou Price Bureau official said, the seed price liberalization, market competition is intense, the rice varieties of larger choice, coupled with adequate inventory, the dealer price will not fluctuate significantly. And in 2016 the price of fertilizer is larger, because the fertilizer market overall oversupply, and the upstream raw material prices continued to decline, leading manufacturers generally cut the shipment.

March 22nd, North China DOP factory mainstream offer in 7000-7100 yu an / ton, businesses intent price in 6900-7000 yuan / ton, a discourse space, downstream inquiry is light.

barium chloride

industry analysis Guizhou Wengfu phosphate rock normal exploitation, with an annual output of 4 million 500 thousand tons, hundreds of thousands of tons of inventory. 30 taste phosphorite car price 480 yuan / ton, the new single turnover is limited, generally take the goods.

in early 3, in the upper reaches of the rebound in crude oil, the downstream demand is good and the periphery of rising commodity multiple positive, PTA futures prices quickly pull up, PTA main 1605 contract from 4400 yuan / ton quickly shot up to 4800 yuan / ton, after keeping high oscillation. The recent rebound in PTA weakened, or stage of adjustment, but before May PTA fundamentals better, the price may be up there.

Short term rebound strength is weakened

After the Spring Festival, polyester plant and downstream terminal textile industry operating rate rose steadily, and the work speed is better than the same period last year, the superposition of the rebound in crude oil price was positive, PTA fast recovery. However, the downstream enterprises stocking just need to give priority to, the lack of speculative demand, coupled with the new PTA device operation, old device maintenance and less fatigue soft spot sales, inventory accumulation, the continued rise in the number of visible warehouse. As of March 18th, PTA warehouse and warehouse effectively forecast total from the beginning of the 3 53 thousand around to 100 thousand or more spot volume of more than 50 million tons to bring greater pressure on contracts in recent months. At the same time, there are signs of weakening crude oil prices will also bring a drag on the PTA market. Therefore, the recent PTA price upward momentum weakened, or even possible callback.

The traditional peak demand season

In May 4, PTA will enter the peak season demand, the downstream market will remain stable and good posture. Over the years from the polyester plant operating rate data, March for polyester operating rates rapid recovery period, April rate rise slowed, operating rates remain high in May, June after the start rate will turn down. Therefore, before May, the rigid demand of PTA polyester will limit the decline in the price of space PTA.

March polyester product inventory will decrease as the textile enterprises demand rebounded in May 4, polyester products tend to lower the level of annual inventory. From last year’s performance, although for textile and apparel textile enterprises stock market performance in general, caution leads to speculative demand for polyester polyester weakened, but also consumption season short action led to the rapid decline in polyester stockpile inventory, and even some enterprises appear oversold phenomenon. Once the product inventory polyester enterprises to low, the enthusiasm of enterprises will be stocking PTA raw materials increase, causing the rapid recovery of industrial chain from top to bottom.

Data show that the current domestic PTA production capacity of 49 million 90 thousand tons, including 13 million tons of production capacity in the long-term production status. On this basis, even if the other device for full load operation, the operating rate of PTA up to 73.3%, but the actual operation of the device to PTA continuous full load operation. At present, the two PTA parking device hangbang, Ningbo Taiwan PTA 4 early detection device repair, PTA operating rate was 67.38%. Therefore, the market outlook once the speculative demand, the price on the existence of power PTA.

PTA is the cost of support

This year our country does not have the new PX device put into operation, the high degree of domestic PX import dependence. For the two quarter PX unit overhaul peak, according to preliminary statistics, the two quarter plans to overhaul the PX production capacity of up to 4 million 500 thousand tons (1 million 600 thousand tons of dragon aromatics without considering parking capacity), was significantly higher than that of last year overhaul efforts. Expected in the two quarter PX supply and demand tightening will boost prices for PTA. The short term, PTA because the demand side picked up the good has been fulfilled, but still expected to pick up momentum PTA price before May.

To sum up, in a huge warehouse and the pressure of new production capacity under the PTA price rebound weakened, even short-term pullback. But from the middle point of view, the traditional PTA demand season, rigid demand will limit the decline in the price of PTA space, and PX device will bring PTA centralized maintenance support cost. Taking into account the PTA yield promotion space is limited, once the polyester sales rebound, power enterprise investment machine of increased demand will bring up to PTA, but more than a single midline should be wary of systemic risk impact.

[market] March 29th, Inner Mongolia Qinghua Group crude prices reported 3700 yuan / ton, limited inventory, firm can negotiate.

[comment]  yesterday (March 29th), the domestic calcium carbide mainstream manufacturers offer 2133 yuan / ton, up 0.47%, market pick up, parts of tight supply, prices rise.

At present, around the arrival are affected by the way the upstream and downstream product prices rise, suspended carbide prices downward trend, enterprises bullish confidence, the downstream products are on the rise, the price of calcium carbide is still expected to rise.