daily After the National Day holiday in the periphery, crude oil prices rose and the devaluation of the renminbi and other macro positive atmosphere driven, continuous upward PP futures rose, in October 18th 1701 main contract hit 7945 yuan / ton, hit since the contract listed high.
The production cost of overall uplift

At the end of September, the OPEC reached the first 8 years of frozen production agreement, the agreement will take the output of crude oil producers OPEC frozen at 32 million 500 thousand – 33 million barrels a day, this is the organization in August 33 million 237 thousand barrels / day level reduced by 230 thousand – 730 thousand barrels / day. We believe that the OPEC freeze production agreement to open a new chapter in oil producing countries cooperate very price, which means that since the second half of 2014 and the OPEC in the United States as the representative of the emerging energy market competition, as well as their own internal market share competition has come to an end, if the November OPEC conference reached operational frozen production agreement, international oil prices may the oscillation touch 55 – 60 dollars / barrel; if the middle oil producers some variables, while oil prices may fall to $45 / barrel line.
PP main production cost of raw materials has obvious uplift. As of mid October, according to the domestic PP total capacity of 18 million 400 thousand tons of raw materials accounted for PP corresponding to different social average production cost estimated at 6500 yuan / ton, compared with the pre holiday rose nearly 400 yuan / ton, of which China purchased methanol and coal system in the northwest of PP production costs reached 7800 yuan / ton and 7400 yuan / ton PP, on price support obviously.

14 PM, after the accident, Hainan production safety supervision and Management Bureau and other relevant departments to immediately set up a field command, and asked the public security departments of the accident within 3 kilometers radius of alert, environmental protection departments should set up emergency monitoring team on standby for real-time monitoring of the environmental pollution situation may occur, as the eight maritime bureau the lead unit collaborative Municipal Public Security Bureau, East fire brigade, City Transportation Bureau, environmental

protection bureau, Safety Supervision Bureau to do emergency work. Wu Hui, director of the Hainan maritime bureau and the provincial fire brigade chief of staff Wu Shibin, the provincial administration of chief engineer Gu Yuanxin, provincial Environmental Monitoring Corps captain Chen Qingbo, deputy director of the Provincial Bureau Secretary, Ding Chao Cai Qinyao, airlines and other department heads also rushed to the scene of the accident in the first time.
As of today 17 PM, after the fire brigade emergency rescue, combustible gas field has been diluted has no fire, emergency work next step is now being deployed.
At present, the cause of the accident is under further investigation.

Natural rubber prices despite the recent increase greatly, but from the fundamental observation, positive support factors in the short term does not reduce.
RMB and yen showed a continued downward trend, crude oil prices continued upward, to support the rubber price provided the premise of currency.
The main natural rubber producing countries, especially Thailand facing inclement weather, may affect the late supply to rubber. Thailand rubber Administration recently said that by natural disasters this year, Thailand rubber production fell 20%.

While the market demand in the short term and did not change significantly, the bonded areas continue to reduce inventory.
As the rubber tire downstream enterprises operating rate continued to rise, sales data better, “golden nine silver ten” trend. The terminal demand, promote the rubber futures market buying confidence rose again.
Only a day after just two days, there were more than 1 billion yuan capital inflows HuJiao futures contracts, so as to promote the rubber prices rose sharply.

This month, domestic rubber prices soared, attract the attention from the tire enterprises. Industry forecasts, in the fourth quarter, rubber prices will continue upward, in the short term is expected to challenge the year the highest point.
HuJiao 1701 contract after a few days after the rise, has exceeded 14000 yuan / ton. The industry is expected to rubber price under a mark, may be 16000 yuan / ton.
Rubber prices continued to rise in the fourth quarter, has become a high probability event, estimated in the short term can challenge the highest point during the year.
The price of natural rubber and synthetic rubber stimulation, butadiene price surge followed, rose to 20% on the next.

On the supply side, Yanshan Petrochemical overhaul, the old pressure line 3 due to lack of raw materials began in October 9th to be expected to stop, driving time to be determined; Lanzhou petrochemical HDPE plant planned August 11th to October 8 day old parking maintenance, parking maintenance has full density device in May 18, 2013; Daqing stone HDPE device C line; Jilin petrochemical HDPE plant in October 18th began to overhaul repair 7-8 days. The expansion device, Shenhua Xinjiang smoothly, has polymerization products in October 3rd production of 300 thousand tons of polyethylene, co-founder of transit planning unit 7042, October 23rd began at the same time, the futures delivery linear granulation, supply into the market, supply and demand pressures increased slightly later. But the early product has yet to run in with the market, short-term impact is not expected.

The downstream market, although the festival with high raw materials prices fell and factories will; packaging and film industry orders due to lower than expected operating rate fell, but given to films, garlic film led agricultural film production still in season, demand is stable.
To sum up, the domestic PE market straddle intertwined, lack of strong unilateral news guidelines, after the market has experienced rapid increases in the petrochemical inventory low, decide on what path to follow? Very price intentions clear, coupled with market supply is tight, the strong support of PE market. But with the price up to a high level, the downstream enterprises profits by squeezing, restricting the raw material procurement initiative, while new expansion devices continue to increase, the late supply pressure gradually increased, the comprehensive advantages and disadvantages, it is expected that the recent market continued high prices will face up after the callback risk exploration.