Category Archives: Uncategorized

Dollar index refresh a new high of nearly 14 years, the renminbi against the dollar in more than 8 years since the low frequency brush

Dollar index refresh a new high of nearly 14 years, the renminbi against the dollar in more than 8 years since the low frequency brush, clearance costs rising, directly suppress the dollar trading atmosphere. And as everyone knows, a business more US dollars and paper goods futures hedging, futures market default events leading to freeze, coupled with market wide shocks, dollar trading difficult.

As for the short-term styrene market, market should be how to deal with?

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Styrene from the fundamental point of view, although the domestic supply of adequate, but the main part of the East China factories continue oversold, new arrival terminal Co., inventory is still low the expected decline in circulation, spot tense situation without effective relief, where the market is still strong support. In addition the month futures discount rate from 500 yuan / ton the preceding period extended to near 1000 yuan / ton, resulting in short businesses remain cautious. Overall, although the styrene pre or remains to be digested, but does not change the pattern of short-term high shock.

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Also remember, unilateral market must take advantage of the best hunters / go on than a point, and the flow is to step on the line, not too stubborn, it needs to be more flexible in business, the transformation of thinking, after all, is king alive.

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Table 1 10-11 in the maintenance of domestic acetic acid plant.

Table 1 10-11 in the maintenance of domestic acetic acid plant.

Demand side

October: derviative acetate, chloroacetic acid and other products with raw material prices and supply and demand, the market rose sharply, the northern region of chloroacetic acid 10-11 on the production of more profitable, a profit Jinlian data show that up to 800 yuan / ton, so the chloroacetic acid manufacturers opening rate of acetic acid increases in the prices of acceptance the high degree of. Acetate Market October export orders more, resulting in domestic spot volume in the first half of November, the domestic market is still the main presentation, domestic supply downturn, so a high operating rate of acetate.

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Table 2 10-11 month domestic downstream operating rate of acetic acid

Table 2 10-11 month domestic downstream operating rate of acetic acid

Export

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In October the domestic export volume of acetic acid is higher, according to customs data show that in 2016 October the export volume of 38 thousand and 600 tons, up 54%, an increase of 187%. Because of the end of September Singapore Serra nice device maintenance, for a period of three weeks, so outside the supply side down. FOB Chinese lead acetate prices continue to rise, as of late November FOB Chinese talks in 375 U.S. dollars / ton.

At present, the domestic acetic acid market all parties based on positive support, to mid November domestic prices are still rising acetic acid. But after all, is the traditional off-season, the market in late November to bad fade, the north because of environmental protection gradually decreased, the off-season downstream operating downstream start is expected to reduce, acetic acid, outside the expected increase in supply prices resulted in exports return to normal levels and other factors, and that in December the domestic Jinlian acetic acid market will highs.

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November 29th chemical industry news overview

“A variety of drugs to detect sulfur into clear rules for standard” remedial measures especially not late”

PVA 1788 (PVA BP17)

>>1-10 chemical industry grew by 8.4%

“2017 prediction limits China’s titanium dioxide rose in where?

>>2016 status Chinese coating material analysis and future prospects

Guangdong invested 220 million yuan of special funds, and comprehensively promote the agricultural products quickly seized

“Policies, standards, programs combined open VOCs Market Governance

“13th Five-Year” during the “planning” of the tire industry put forward a clear goal

PVA 0599 (PVA BF05)

Industry news

A variety of drugs to detect sulfur into the “Ming rule” standard “remedial measures in late test”

Abstract: due to the use of sulfur fumigated treatment as raw materials, a lot of finished drugs were detected with high content of sulfur, Taiji group, medicine group, Harbin Pharmaceutical Group, Yunnan Baiyao group and many other well-known pharmaceutical companies or involved. See details []

1-10 chemical industry grew by 8.4%

PVA 0588 ( PVA BP05)

Abstract: in October, the chemical industry grew 6.8%, the growth rate dropped 2.2 percentage points. The main chemical products, ethylene production fell by 6.3%, the primary form of plastics, synthetic rubber production increased by 4.9% and 13.2% respectively. The synthetic fiber production fell by 3.9%; caustic soda production increased 13.4%, soda ash production increased 5.6%; fertilizer production fell by 5.3%, which decreased 12.8% nitrogen, phosphate fertilizer, potash fertilizer increased 12% and 6.2% respectively; pesticide production fell by 1.6% rubber; tire production growth of 8.6%; calcium carbide production increased by 5.3%. See details []

Forecast 2017 limit China’s titanium dioxide rose in where?

Abstract: in 2016 the price of titanium dioxide is a detective of the situation, even after the 13 tide, from the beginning of January 10900 yuan / ton rose to 11 at the end of the 15300 yuan / ton, rose 40.36%, rose nearly 5000 yuan per ton. Since November, some manufacturers of their behavior more than once. Since the Guangdong Hui cloud into November prices up 4 times. See details []

PVA

2016 present situation analysis and future prospects of Chinese coating raw materials

Abstract: the global oil prices in 2016 remained at around $50, the price of raw materials and coatings showed a different trend. Wang Zhishun from the international crude oil to paint various raw materials prices and the market demand, a profound analysis of the 2016 China coating raw material market. See details []

Local trends

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Guangdong invested 220 million yuan of special funds, and comprehensively promote the agricultural products quickly seized

Abstract: in 2016, one of the ten practical livelihood rapid detection of agricultural products in 2016 was included in the Guangdong provincial government of the edible 1000 farmers market. Since July 1st, started by the end of November 21st, the province has invested more than 220 million yuan of special funds, for the construction of fast testing center, purchase, construction market quickly seized car subsidies fast check room, buy fast testing equipment and reagents. See details []

policies and regulations

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Policies, standards, programs combined to develop VOCs Market Governance

Abstract: for general sources, can only consider the monitoring of non methane hydrocarbons, monitoring equipment, low cost, each about 100 thousand yuan ~20 million yuan; but for the special BTEX pollution monitoring equipment, the investment is higher, each may need 300 thousand yuan ~100 million yuan. Taking into account the number of VOCs sources are numerous, on-line monitoring equipment demand is very large. See details []

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“13th Five-Year” during the “plan” put forward a clear goal of tire industry

Abstract: Recently, the Ministry of raw material industries Division issued a document, the “petrochemical and chemical industry development plan (2016 ~ 2020)” interpretation. Petrochemical and chemical industry is an important pillar industry of the national economy. “13th Five-Year” (2016 ~ 2020) during the “planning” of the tire industry in the economic development and the integration of the two aspects, put forward a clear goal. See details []

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Zhangjiagang two main port area two glycol total car shipments in the vicinity of 1070 tons

Zhangjiagang two main port area two glycol total car shipments in the vicinity of 1070 tons.

Sinopec Sales Company of Shanghai petrochemical, Yangzi Petrochemical two glycol price 6300 yuan / ton, up 200 yuan / ton, inventory shipments normal, reasonable, normal operation of each business unit.

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The operation of the Fushun Petrochemical two glycol device is normal, the implementation of the factory price of 6100 yuan / ton, enterprise recent shipment is not much, the main contract for households, 200 tons per month in normal level, sales.

Market summary: Recently, two DEG to the port inventory in decline in the channel, support shippers attitude, but after the surge of raw materials. Follow up on the floor of the downstream UPR recent intention to cool down, corporate profits substantially reduced, some enterprises choose delisting wait and see. In the short term is expected to two DEG or continue to pull up the situation.

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Overview two glycol market of some areas in China in November 29th

at present, in the commodities continued to heat up, the national regulation is expected to be bad news late peripheral market, weak guidance.

Overview two glycol market of some areas in China in November 29th:

Jilin Petrochemical two glycol factory price 6100 yuan / ton, inventory is reasonable, for each other, part of the export, the normal operation of enterprises of ethylene glycol plant.

The operation of the Dushanzi Petrochemical two glycol device is normal, the implementation of the factory price of 6300 yuan / ton, price increase 200 yuan / ton, sales oriented enterprises in Xinjiang, the normal operation of equipment.

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