Analyst Xu Lijuan told reporters, in addition to pesticide source medicine, pesticide raw material prices are also affected by the environmental supervision. Because of environmental pressure is relatively large, some of the more demanding standards of pesticide production of raw materials is blocked, some companies can not start, the overall supply is much less, so prices are rising.

Xu Lijuan: “from a cost perspective, the raw materials of imidacloprid, acrylonitrile, like rice oxazolidine and their prices, over the years, the price can be said to be a rose, rice oxazolidine rose 4 thousand yuan”.

The pesticide in the raw materials prices rose significantly, and glyphosate. From the opening of environmental inspectors, glyphosate originally overcapacity, price and demand are extremely low, begin to reverse, prices continue to rise, if environmental inspectors continue, its price may exceed 30 thousand yuan per ton.

Analysts predict that this year prices will continue to rise in pesticide

Analyst Xu Lijuan said that due to the quantity of supply, some traders believe that pesticide prices have room to rise, then the opponent in stock conscious speculation.

Xu Lijuan: “because the operating rate is low, and the raw material is expected to rise, some manufacturers have preganglionic imidacloprid devices because environmental protection has stopped, at present has not fully recovered, shipments or not. Leading trader hand goods, will continue to rise to speculation”.

Analysts said, this year, the national environmental protection supervision work is still not relaxed, in this case, pesticide prices this year continue to rise is not escape the fate.

Xu Lijuan: “at the beginning of the March Shanghai exposition, and foreign vendors to participate in the exhibition more, at the meeting they will discuss about some orders, or trend of the market, at present, to the end of February, the market still maintain a strong trend”.

Composite polyurethane adhesive industry is a technology intensive industry, product formulation and development ability of enterprises to maintain high profit margins, with the rapid development of fine chemical industry in the world, changing customer demands, and presents the trend of personalized, potentially improving the upstream product development difficulty, enterprises must always pay attention to product formula improvement, improve the performance of, and broaden the application fields, continue to meet the changing demands of the market and consolidate market share.

The localization of multinational corporations competition

With the rapid development of polyurethane adhesive industry, some domestic enterprises have begun to gradually grasp the independent intellectual property rights in some areas has gradually well competitive advantages; however, some multinational companies realize that Chinese market has strong development momentum, is the focus of competition in the implementation of the global strategy. In recent years, multinational companies to increase investment Chinese, making production and research to accelerate the process of localization and reduce its cost.

Ten, industry chain

The downstream industry chain industry

Upstream industry

The upper composite polyurethane adhesive industry as the basic petrochemical raw materials industry, the main raw material is two ethanol, adipic acid, isophthalic acid, two.

At present, the 95% industry raw materials has made domestically, mainly by Sinopec, PetroChina, dance (China) and Yantai Wanhua ear; overall, composite polyurethane adhesive raw materials in the overall balance of supply and demand situation.

Downstream industries

Due to the wide application and downstream industries composite polyurethane adhesive and printing: packing, leather, textiles, footwear, of household appliances, electronic products, furniture, building materials, transportation, energy, security, tobacco etc..

Eleven, industry related laws and policies

The “catalogue for the guidance of industrial structure adjustment (2005)”, “People’s Republic of China economic and social development of the Eleventh Five Year Plan”, the “national long-term science and technology development plan (2006.2020 years)”, “Industrial Catalog for foreign investment (2007)”, “high-tech enterprise management approach” (April 28, 2008), “national key high tech fields” (National Science at No. [2008]172) and other policy documents put forward the positive development of economy at the same time as the new chemical industry, will focus on the development of the adhesive material, and its inclusion in the State encourages the development of the industry.

China petroleum and Chemical Industry Association released the “China petroleum and chemical industry” 11th Five-Year “development plan” clearly pointed out that for the adhesive industry, focus on the development of environmentally friendly and high performance adhesives, such as polyurethane adhesive, silicone adhesive, Low Formaldehyde UF glue, epoxy adhesive, etc..

According to the Reuters of Seoul on January 19th news, South Korea Lotte chemical company is seeking to buy troubled Petrochemical Industries Co Singapore Jurong Island aromatics company (JAC), because the Korea Companies continue to seek business expansion.

JAC went into receivership in September 2015, was facing a dilemma of global commodity prices collapse, the company has been trying to solve the debt problem.

Lotte chemical Thursday in a document submitted to the Korea Stock Exchange said the company has submitted a letter of intent on the possible acquisition of JAC earlier this month, and has been nominated for a short list of acquisitions in January 10th.

Condensate oil separation device JAC production facilities include a set of 100 thousand barrels / day and some petrochemical plant, the main production of textile raw materials and plastic bottles of p-xylene.

A Singapore trader said, the deal will also increase the potential Lotte Chemical Petrochemical naphtha supply, while the consolidation of Lotte chemical condensate as one of Asia’s largest buyers position.

In Lishui and South Korea Lotte chemical currently operates two naphtha Mountain Center, total ethylene production capacity reached 2 million 100 thousand tons / year.

Condensate Lotte chemical and modern oil companies also have a common set of 130 thousand barrels / day separation device, the device has begun vote last year.

Last week, rising domestic xylene market price stability. The solvent of xylene to discuss the market reference price in 4700-5600 yuan / ton, heterogeneous xylene reference 4950-5600 yuan / ton. Xylene solvent market offer 5700 yuan / ton (Zhangjiagang tank), domestic heterogeneous xylene market offer in 4700-5750 yuan / ton (tank). The central branch of Sinopec Changling refinery, xylene: Wuhan petrochemical, China Petrochemical 5550 yuan / ton. Sinopec Southern China Guangzhou Petrochemical Company solvent xylene: the implementation of 5850 yuan / ton, Maoming petrochemical price 5850 yuan / ton; heterogeneous xylene: Guangzhou petrochemical, Zhanjiang Dongxing are the implementation of 5850 yuan / ton. North China sales company Sinopec Qingdao refinery, Tianjin: xylene ethylene and Shijiazhuang refinery implementation of 5600 yuan / ton. Sinopec East China sales company xylene: Yangzi BASF, Zhenhai Refinery quote out 5600 yuan / ton. Liaoning huajintongda chemical Limited by Share Ltd xylene quotation implementation of 5710 yuan / ton, price stability.

The U.S. Energy Information Administration (EIA) issued a short-term energy outlook report, expected 2017 U.S. crude oil production will rise to 9 million barrels per day, while the United States in 2018 crude oil production will rise to 9 million 300 thousand barrels / day. The United States in 2017 the average daily crude oil production will be increased by 110 thousand barrels, and in December was estimated annual reduction of 80 thousand barrels. While the increase in 2017 estimated global crude oil production to 97 million 530 thousand barrels / day. The United States in February WTI crude oil futures on Wednesday (January 18th) fell $1.40, or 2.67%, at $51.08 / barrel. March Brent crude oil futures on Wednesday (January 18th) fell $1.55, or 2.79%, at $53.92 / barrel.

Recently the United States crude oil was trading near $52.29 a barrel, or about 0.33%; in Europe rose significantly, continued to rise. Affected by the crude oil production is expected to rise, prices plunged xylene.

Recently, tensions between the United States and Iran eased lower market demand for hedging, while the dollar decline to suspend oil rally resistance.

In February 3 the Japanese round of second working days, the agency estimates crude oil The change rate is 1.46%, crude oil The valuation of 55.685 U.S. dollars / barrel, compared with the benchmark price of 0.802 U.S. dollars / barrel, temporarily is expected at 15, the retail price of refined oil will not be adjusted.

The February 3rd data show that yesterday, the domestic refined oil market price and stable market, some market zhangdiehuxian, including East oil mainstream steady, sporadic adjustment of 30 yuan / ton -50 yuan / ton; North China steam up firewood down, gasoline rose 100 yuan / ton, the ship generally, secretly along the main transaction preferential; the camp of gasoline and diesel prices were mixed, the overall increase in 50 yuan / ton -100 yuan / ton, down 50 yuan / ton -500 yuan / ton, the market still wait-and-see atmosphere of the festival.

Analysts told the “Securities Daily” said in an interview with reporters yesterday, Shandong to refining Gasoline and diesel Price stability slightly pushed up to 20 yuan / ton -100 yuan / ton, the Spring Festival holiday in the past, manufacturers have started terminal replenishment intention strong, the market rebounded than before, some manufacturers narrow pushed up prices; international oil prices during the holiday season high concussion, but for the region Gasoline and diesel It had no significant effect on demand.

“The first day of the festival because the downstream customers have not yet fully return to the market, the market sentiment is not high. With the downstream users gradually return to the market and temperatures rise, the market for diesel market outlook is expected to be more optimistic, gasoline demand power is slightly weak. But considering the festive atmosphere has not completely receded, and near the end of the week, is expected in the short term the main aspects of refined oil is still the main part of steady running, narrow adjustment.” Analysts told reporters.