daily lead: the four quarter of 2016, a gorgeous caprolactam market rise, and all the years of losses decadent trend, industry profits hit record highs, but in 2017, caprolactam market gained momentum blocked, inside trading atmosphere light, the Spring Festival of the caprolactam market is also worth looking forward to?

2016 is the rapid development of the caprolactam industry a year, new capacity hard end production, new capacity will continue to radical future; caprolactam market in 2016 is a very unusual year, the market price is a continuation of the 2015 first decadent trend, then the year after the end of the shock, finally “soaring”, industry profits are finally losses for profit.

2015-2016 price of East China caprolactam market chart

The second half of 2015, caprolactam market plunged, in and around the lunar new year, hit a record low, industry losses reached 2000 yuan / ton, “buy or not to buy up” mood, downstream enterprises stocking before the Spring Festival, the festival returned enterprises procurement of raw materials, resulting in the first half of 2016 the market of caprolactam the overall showed a moderate rising trend.

The caprolactam market in the second half of the extraordinary really appear. In July, August by caprolactam plant maintenance in batches, affect the operating load continued to decline and the G20 summit, the floor price rose nearly 2000 yuan / ton range, while the G20 terminal after the summit, the textile industry finished inventory and inventory of raw materials are low, and the downstream nylon chips Market, from the early October to continue to push up losses, digest a lot of inventory of raw materials, the caprolactam market supply situation, come again at the end of October, coupled with the substantial increase in raw material benzene shortage and price, so the downstream demand, and the cost of supporting strong, caprolactam market rise again ignited enthusiasm. 11, December, caprolactam market prices have been nearly two years since the brush high profit of the industry is also gradually increased.

Domestic caprolactam production enterprises in the new statistical device

According to statistics, in 2016 China’s total production capacity of caprolactam in 2 million 630 thousand tons, the effective production capacity at 2 million 350 thousand tons, production capacity is only 300 thousand tons, but in 2017 the new caprolactam production capacity at 600 thousand tons, is expected in 2017 will be a year of rapid development of caprolactam industry, supply will be more adequate, price competition will be more intense. But after the return, the market trend of caprolactam industry by supply and demand a greater impact, influence the capacity of the new temporary co..

The four quarter of 2016, caprolactam market price all the way “, and the limited supply stride forward singing militant songs”, so the amount of stock less downstream before the spring festival. After the holiday, the device starts to maintain a low rate of Caprolactam

The venue, or still maintain tight supply situation, coupled with the benzene market focus or remain strong, the cost of support can be expected, after the return, caprolactam market temporarily wait-and-see consolidation, with lower purchasing motivation, market focus or steady run stronger.

Guangxi Hechi SASAC Hechi chemical industry initiative broke 11 years ago when the main drawer agreement, with the central enterprises of China chemical industry group public interest dispute.

Yesterday, the Hechi chemical industry revealed a by the Hechi municipal SASAC issued the “on the disclosure of Hechi chemical industry dispute letter”, the disclosure of 2005 China chemical industry group (hereinafter referred to as “Chinese chemical”) through the free transfer of Hechi chemical industry holding gains when the two sides had agreed on the transfer of stock rights. In addition, according to the China chemical aspects of verbal notice in January 2017 will be held by the Hechi chemical matters on the transfer of 37 million 493 thousand and 589 shares, the Hechi SASAC has also raised objections.

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According to the letter said, in May 25, 2005, the Hechi municipal government, Chinese common forensic chemical, Hechi SASAC and China Agricultural Chemical Industry Corporation (referred to as the “conversion”) signed the “Guangxi Hechi chemical industry group company asset reorganization agreement”, “Guangxi Hechi chemical industry group company asset restructuring supplementary agreement”. The agreement will be transferred to the whole river group in agriculture, at the same time agreed within four years after conversion in the restructuring of river group investment shall be not less than 550 million yuan. The river group property right after the transfer, the internal Chinese chemical and has undergone several transfer, in 2015 transferred Zhi Hao Hua chemical corporation.

According to the reporter’s inquiry, Hechi chemical industry in May 31, 2005 for the asset reorganization announcement. The disclosure of the equity change report shows that free equity transfer is completed, in Hechi chemical conversion holds 177 million 220 thousand and 890 shares of state-owned shares indirectly through the river group, accounting for 60.26% of total share capital. Notice that the transfer is to optimize the allocation of state-owned stock of resources, deepen the reform of state-owned assets management system, accelerate the pace of industrial restructuring, bigger and stronger China chemical, improve the operation of state owned assets to achieve win-win benefits, Hechi municipal government and the river group, China chemical.

However, China chemical at the helm of more than ten years later chose to sell the shell. In July 12, 2016, Haohua Chemical Corporation under the auspices of the river, Hechi chemical industry group will hold 87 million shares transfer agreement to Ningbo Silver billion Holdings at a price of 840 million yuan. After the completion of the transaction, Silver billion Holdings became the controlling shareholder with a 29.59% stake, the river group also holds 37 million 493 thousand and 589 shares of Hechi chemical industry.

In January 11th, British media reported that the China National Chemical Corp and the Swiss pesticide and seed group Syngenta to EU antitrust regulators proposed small concessions, in order to solve on its $43 billion acquisition of doubts.

Reported on January 11th, a close to the deal, sources said, China chemical does not have to sell its Adama Agricultural Solutions Ltd (Adama). The focus of discussion is to remedy the individual products, some products may have the Adama.

APC rejected the requests, and said in its statement this week, it will be “more than the previous labor agreement is illegal and unrealistic, because it will cost more than about 20 million of the.” According to the APC2015 annual report, the company’s 2015 net profit of about 131 million, but the statement said, because of the external factors, the company’s profits decline, fell to the lowest level of potash sales prices over the past ten years.

APC said in a statement, the average monthly salary of the company for about 1900 of the workers, and enjoy other benefits. The statement also pointed out that the two labour agreement signed in the past four years, the APC employee wages have increased about 7 million in total. APC said the company in the work environment and the incentive for employees in the first row of jordan.

According to “the times” reported that the Arabia Potash Corp (APC) of the miners’ strike threat, is the cause of the dispute between workers and industrial company. The employer appealed to the government appointed mediators.

According to Petra, the news agency said the mining workers between trade unions and the APC meeting has been scheduled for Sunday (January 8th) held in the Department of labor, in order to discuss the requirements of workers, but the unions failed to attend the day. The union representative APC in the Safi and Aqaba factory workers demanding higher wages for workers, increase benefits and privileges. If these requirements are not met, they plan to strike in January 17th.