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.

according to the bulk list data show that last week the domestic market price of six HFP weak finishing, the beginning of the week mainstream manufacturers offer 48500 yuan / ton, over the weekend the mainstream manufacturers offer 48416.67 yuan / ton, down 0.17% mom, rose 16.20%.

This Saturday hexafluoropropene (HFP) market weak finishing, the decline in 0.17%. Most of the normal driving device manufacturers, inventory is reasonable, shipment.

The industrial chain: this week, benzene prices to stabilize the market. At present, China benzene market atmosphere Piandan, high shipping is not easy, the offer is not much clear. North Shandong market by parking device, offer strong, low price is hard to find. At present, higher crude oil foreign disk boost domestic support from external factors, the production needs a certain support.

At present, some manufacturers of cyclohexanone solvent acetone market order is more, a few manufacturers try to limit shipments, pushing up the price of buying, but the downstream will is not strong, the market will maintain stable operation, is expected this week, finishing the main high cyclohexanone.

, oil prices rose over the weekend, the external market has a certain boost to the domestic market, guide the right. Domestic production enterprises remained stable, stable production and sales, corporate profit margins in the last week expanded slightly, and the current driving device is stable, although by buying chase pull, but the traditional end of season gradually downstream, near the off-season, the long-term bearish mentality leading. This week is expected to finish running styrene prices in the short term, long-term weakness.

Last week, crude oil prices remain high and volatile, the weekend rose. The United States in November WTI crude oil futures on Thursday (October 20th) fell $1.17, or 2.27%, at $50.43 / barrel. Thursday, December Brent crude futures fell $1.29, or 2.45%, at $51.38 / barrel. The external guide to good, stable raw material benzene – ethylene to stabilize prices last week in asia. Styrene production enterprises profit margins expanded in the last week; the upstream and downstream enterprises, to styrene demand continue to maintain the original price on demand, but the trend of strong, driven by manufacturers, spot purchasing enthusiasm is. The lower the operating load to maintain pre level. The whole industry chain, is still a stalemate consolidation of the situation.

Downstream of PS, Taiwan Park, Leiden, China, but the new Qingfeng the open line, the whole device starts increasing reduced, slightly improved. EPS market, the lack of significant positive support, take the goods terminal bad mood, further shrinking turnover, the factory started limited, temporary lack of change. At present, styrene downstream to improve, but also led the entire oil petrochemical market to improve, despite the recent prices firmed, but still maintain the overall situation of styrene, the long-term is still weak.

Upstream raw material market overall situation of weak toluene continued decline, the week showing a small “V” trend. At the beginning of the week the international crude oil futures were mixed and the overall volatility fell, Asian toluene Market Volatility also fell, suppress domestic market confidence.

The downstream manufacturers most obvious loss of conflict, downstream users stay hands pre low inventory, high raw materials prices to attract part of the downstream factories choose to sell raw materials to profit, and expect the market to pull through short rational level. None of the low price of large single real talks. With the price negotiations around the market appeared frequently, to suppress the market continues upward atmosphere, industry mentality is loose.

Last week, the domestic TDI market stalemate consolidation, inside the deserted spot near the weekend, see the thicker atmosphere, the industry outlook is optimistic attitude. Middlemen without inventory pressure, the cost of supporting the offer stability intention. However, at low supply more profit selling price continue to let negotiations are frequent, obvious impact on the market. Downstream users bearish outlook, market access disk positive real single poor, poor turnover. The parties to the game, waiting for further news guidelines, expected short-term TDI market vulnerable to run.

In summary, propylene glycol “silver ten” or “Kim Gu” to continue the brilliant. In the supply and demand side pressure of the situation, as the primary contributor to push up propylene glycol epoxy propane prices are weakening is expected, propylene glycol is one disaster after another, “aloof”, is difficult to maintain high, the decline has been fixed.