since October 2016, the domestic price of acrylic acid from 7000 yuan / ton rose to 12000 yuan / ton, or 71%, is not difficult to find, acrylic products or larger, domestic enterprises have good acrylic products, acrylic acid in 2016 occurred in the market of major accidents (BASF explosion led to its parking capacity 320 thousand tons of acrylic acid Jiangsu Sanmu Logistics Co. Ltd. in unloading propane pipeline leak found, then the fire, resulting in 160 thousand tons of acrylic acid and butyl Jiangsu Sunwood device), double parking accident superimposed power, leading to global acrylic supply, also led to domestic enterprises to open a giant part of price surge model, which also contributed to the domestic part of the company’s fourth quarter 2016 the performance.

It is reported that in January 12th, Zhejiang satellite Petrochemical performance forecast released announcement, expected 2016 net profit of 2.5-3.5 billion yuan, according to this calculation, the company performance in the fourth quarter range of 1.5-2.5 billion yuan, the company’s 4 quarter increase performance improvement, even if the November 2016 Zhejiang satellite Petrochemical Acrylic device does not affect the performance of the company parking half, but increased. That satellite petrochemical production and operation stability, the growth momentum continued into 2017.

In addition, as another Wanhua chemical acrylic leader, since last year, petrochemical plant to resume production after the acrylic prices hit a new high this year, the industry chain profitability continued to improve. The operating rate of domestic acrylic acid industry and inventory is low, when the price of acrylic acid Wanhua chemical raised to 7100 yuan / ton, since 2017, the domestic market continued upward acrylic, is now increasingly stable, does not exclude the interference of upstream factors, by the end of the 12 day acrylic ex factory price of 10900 yuan / ton, this week (from January 5th to 12 because of the role of lead), propylene acrylate prices fell slightly.

The market decline in the expansion of propylene

From January 5th to 12, propylene market decline, the decline in the expansion. Downstream polypropylene prices continued to decline, leading to propylene demand initiative in general. Propylene refinery inventory pressure continues to rise, gradually reduced the price of propylene. But with propylene propylene refinery prices continued to decline, very price will increase; crude oil and major downstream prices have gradually stabilized, the market mentality is good support, propylene prices have gradually stabilized. As of January 12th, Shandong propylene mainstream price 7550-7600 yuan / ton, down 3.5%. the Spring Festival approaching, propylene market is expected to steady trend, the market is difficult to have a significant change before the Spring Festival, is expected to pressure or propylene refinery stocks decline.

Fierce competition

China’s current real effective acid production capacity of about 2 million 200 thousand tons, the actual demand of 1 million 800 thousand tons, the actual effective capacity utilization rate reached 82%. of China’s Acrylic has experienced more than 2 years in the doldrums, many small and medium-sized parking capacity, once the long-term parking, enterprises will withdraw from the market of acrylic acid, to further improve the industry concentration, in the downstream consumption growth keep the 6-7% case, we expect the industry in 2017 will further improve the structure of supply and demand. Only Shanghai Huayi acrylic acid plant will be put into operation in half a month after the beginning of January, according to market sources, Shanghai Huayi acrylic acid and butyl device to enter the commissioning phase, but the recent rumors, Huayi encountered problems in the feeding process, most market participants believe that Huayi year after the restart of the greater probability of material. The author thinks that the HC chemical network, Shanghai Huayi acrylic acid and butyl device is put into operation after the 2017 China’s capacity will be improved and butyl acrylate.

SAP super absorbent resin acrylic acid as a high-end downstream products, used in baby diapers, personal hygiene, food packaging materials, water retaining agent, water blocking cable and other fields, is the main application field of personal hygiene, accounting for more than 92%., with the second child policy brought about by the aging of the baby boomers and adult diapers the demand for high-end downstream products demand will increase year by year, driving the market to become the domestic and foreign enterprises upstream acrylic “xiangbobo”, the future of these companies has a huge incremental space, is expected to give each big company future performance and provide great flexibility.

In summary, the Spring Festival holiday, due to upstream propylene market access to the disadvantaged situation, the domestic acrylic market seems to be flat, is expected next week to narrow the greater probability weak acid.

“From the stone age, the Bronze Age to the iron age.” The forum, academician Liu Zhongfan

reviewed the history of human civilization, “now into the silicon era.” He expects and

will actively participate in promoting the “graphene era”.

Academician Liu Zhongfan also stressed that with the Tsinghua University professor Gai

Guosheng and other experts, the preparation of the future, graphene future also depends

on the equipment manufacturing industry development, only the graphene have the basic

equipment, will have the graphene material with high quality and high stability.

In January 5th this year, graphene industry experts feel the pulse of Heilongjiang

Qitaihe graphene carbon development era in the future, the Chinese Academy of Sciences

Qian Yitai also said that the development of graphene with stability, not fast: “public

opinion to build, but in moderation.”

daily known herbicides represent 60% of the total sales of more than tupon pesticides, in the world’s top six multinational companies, the weight in the first place. In the ten best-selling products in Dow AgroSciences, herbicide accounted for six seats. Five fluorosulfonyl grass amine, picloram, fluroxypyr and pyroxsulam all left a deep impression on the market.

There is no doubt that the Dow has a right of discourse in the global market of herbicides.

Tupon director Wang Chunlin came to the “technical inheritance analysis” in 2016 Chinese pesticide Market Summit and the 2017 pesticides and hot products market situation, excellent report “herbicide market development and trend of development”. He is talking, words are all into the article, seems to have strong support in the backcourt.

In the report, Wang reviewed the general situation of global herbicide market development, introduced in recent years, multinational research shows herbicide, herbicide and characteristics of the latest research and development, focuses on the analysis of the mechanism and application of tupon two patented products live in Moscow and Ling Rui, and discusses the future development direction of herbicide.

The steady growth of 1 fungicide Market, six herbicides outperformed the overall market

In 2015, global sales of pesticides for $51 billion 210 million. Among them, the share of the herbicide in the first place, accounting for 42.3%; followed respectively, insecticides and fungicides, the share was 28% and 26.8%. was the world’s largest herbicide product type, but its market share showed lower trend, instead of the insecticides and fungicides.

As of December 27, 2016 week, the U.S. Commodity Futures Trading Commission (CFTC) announced the fund positions, WTI long 357096 hand positions, short positions 71857 hands, the net more than 265239 hand positions, compared to November increased significantly, with OPEC production agreement, the funds for the optimistic outlook of crude oil.

However, analysts for crude oil rebound height is not so optimistic.

Huang Liqiang pointed out that the production of frozen OPEC made it possible to realize the global rebalancing of crude oil, but subject to the U.S. shale oil potential supply increases, then the equilibrium time may be later than expected, so in 2017 the trend of crude oil price shocks tend to focus on the whole, between 50-60 dollars / barrel.

“The trend is still on the rise, but due to the production of good has been part of the cash, and oil prices will bring shale oil production and return oil producers hedging, so prices rise is limited, limited space to continue upward.” Sui Xiaoying said.

“Although the incremental demand may be dropped significantly compared with 2016 in 2017, but the release of supply in a vacuum period short, rebalancing process may be accelerated, expected prices is still rangebound trend in the overall price level in 2017, WTI central move, shock interval is 45-65 dollars / barrel.” Jin Xiao said.

He further said that the oil market will cause prices to accelerate the rebalancing of the supply of more risk sensitive, supply risk is concentrated in Libya and venezuela. Although Libya is in production, but the domestic political instability still exist. In addition, the stability of the Venezuelan economy collapse of its oil output can also pose a risk. If any one of them the risk of the outbreak, then WTI prices could up to 70 U.S. dollars / barrel. In view of the OPEC production has been settled, the hot market speculation may turn to OPEC production and their degree of U.S. crude oil production changes.

domestic lithium carbonate price fluctuations in a narrow range this week. The weekend of industrial grade lithium carbonate price 121600 yuan / ton, compared with the beginning of the week rose 0.08%; battery grade lithium carbonate price 131500 yuan / ton, compared with the beginning of the week rose 0.13%; industrial grade lithium hydroxide price 156500 yuan / ton, up 0.10% compared with the beginning of the week.

market analysis

The domestic lithium carbonate price this week, a narrow range of fluctuation. Brine lithium carbonate, lithium industry and Qinghai CITIC Guoan to a small amount of production, prices steady, LandTek lithium industry the last batch of goods have to be delivered at the dealer, non cash outflow, although the factory price has increased, but the dealer maintained the original price. The ore of lithium carbonate, the market supply increase than before, more than 99.5% of industrial grade lithium carbonate demand, high-end price reduction, the actual turnover is low. As of this week, East China battery grade lithium carbonate mainstream price stabilized at 125000-130000 yuan / ton, the price of low-end 125000 yuan / ton, the market turnover is low; industrial grade lithium carbonate were the mainstream discussion at 115000-120000 yuan / ton, the market turnover is low.

Downstream of the new energy market situation

In December 29th, the Ministry of finance, Ministry of science and technology, development and Reform Commission four ministries issued “notice” on the adjustment of the application of new energy vehicles subsidy policy, clear notice will adjust the application of subsidy policy. The 2017-2018 amount of subsidies in 2016 will be based on the 40% year decline of 20%, down 2019-2020. January 1, 2017 started the implementation.

Market forecast

The subsidy policy is now four ministries have jointly signed, is expected to be released, the current main manufacturers orders are discharged to the end of the year, the spot supply, small and medium-sized factory has a few stock distribution mall still take the goods, is expected next week or lithium carbonate price will rebound slightly.