2017 the finale of titanium dioxide continues to be positive, 2018 will enter the boom period

2017 national economic stability in the sustainable development of a good situation, the Chinese Academy of Social Sciences Financial Strategy Institute predicts that in 2018 China’s growth 6.7%,cpi 2.0%,ppi growth of 5.2%. The structural reform of the supply side of the titanium dioxide industry has achieved a certain effect, the high-end demand situation is good, the enterprise production and management situation obviously improved.

 

The scientific and technological innovation achievements of China’s titanium industry are remarkable, and the transition and upgrade steps are accelerated and the integration of the two is deepened gradually. With independent intellectual property rights of waste acid water treatment equipment, series of energy-saving and emission reduction devices, the application of near-infrared reflective titanium dioxide products, such as industrial technology to achieve the international leading level, high-performance self-developed lithium titanate battery dedicated titanium dioxide products have come out, visible light catalysis nano-titanium dioxide, The new energy materials and environmental protection processing materials research and development has achieved the stage achievement, has provided the important support for our country titanium industry toward the high-end.

 

Since 2015, the industry has basically completed the elimination of backward capacity tasks, from 2013 production capacity of 5 million tons/year reduced to 2016 statistical effective capacity of less than 3.5 million tons. Titanium dioxide production energy consumption has reached national standards or international advanced level, each ton of production of titanium dioxide to save water from 60 tons to 30 tons, solid waste emissions continue to decline in the June 27, 2017, “the first Chinese titanium dioxide industry energy-saving Green Manufacturing forum” on, Experts and participants aimed at the trend of wastewater treatment in titanium dioxide industry; The comprehensive utilization technology and treatment way of red gypsum of sulfuric acid method; The introduction of new equipment manufacturing technology and the discussion on the production technology and equipment upgrade of sulphuric acid method make the production of titanium dioxide in China become a green manufacturing industry, and the green development has

 

China is the world’s largest production of titanium dioxide is also an export power, the 2016 China’s titanium dioxide production 2.6 million tons, export 720,000 tons, are a record high, in the world’s important position to further upgrade.

 

2017 coincides with the 60 anniversary of China’s titanium dioxide industry, the large-scale documentary “China Titanium Wonderful” has recorded the history of the development of China’s titanium dioxide industry, which indicates that “titanium dioxide” does not equal to the material attribute of “titanium dioxide”, and will play a key role in annotation and utilization of titanium dioxide material function. “China titanium Wonderful” The status of the development of China’s titanium dioxide industry is true record, put forward the “timely remove double high time” is to China’s sulfuric acid production of titanium dioxide technology equipment, product progress affirmation.
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In recent years, China’s production of titanium dioxide in the “homogenization” of the pain in the struggle, 2015 the whole industry in the low price vicious competition, hit the bottom. Bitter experience, the enterprise gradually realized that the homogenization of Low-cost competition products will be eliminated, have to improve product quality, clean production responsibility, the initiative to plan transformation and upgrading, accelerate the cultivation of new kinetic energy, consolidate and develop both advantages, hundred feet head further.

 

2018 China’s titanium dioxide industry “new normal” features will be more obvious, consumer platform period even “inflection point” is coming, that is, “obsolete products”, the outstanding products will be the consumer platform “inflection point.” We should further strengthen our confidence in adapting to the new normal and leading the new normal. Firmly establish and implement the “innovation, coordination, green, open, sharing” development concept, and strive to “optimize the stock, guide incremental, active reduction, to resolve the structural excess capacity” of the overall requirements, the intention to seize the “all the way”, the Chinese manufacturing and other development opportunities.

 

2018 and “Double high” “Same quality” way goodbye, the whole industry off “double high” hat, improve their own product quality and excellence, the industry is the sustainable development of the voice and the goal of corporate profitability.

 

2018 the market will continue to be good, small series with the Chinese Academy of Social Sciences, the Institute of Finance and Strategic forecast as the benchmark, to remove the “double high”, to get rid of “homogeneous” as the basis for predicting: China’s titanium dioxide industry will enter a prosperous period.

Aluminum: downside risks still exist

In the short-term good news, aluminum ingot stocks high fundamentals, the Shanghai aluminum continued callback. With the new production in January and the resumption of production news one after another, superimposed seasonal off-season consumption, aluminum stocks may continue to accumulate, aluminum prices will decline further.

Some of the production capacity has been put into operation conditions

According to the current price of alumina 2900 yuan / ton, the weighted average cost of electrolytic aluminum industry in 14000-15000 yuan / ton. According to Aladdin’s research, with the continuous replacement of indicators, 2.79 million tons of construction-in-production capacity will be put into operation in 2017, and it is estimated that in the first quarter of 2018, China will start production of 1.402 million tons of electrolytic aluminum. The new production capacity will mainly focus on Inner Mongolia and Guangxi. As the index replacement has been completed, and the market does not appear new to capacity-building policies, electrolytic aluminum cost has become the key factor restricting the enthusiasm of enterprises.

Electrolytic aluminum costs or continue to decline

Specific analysis, since January, the cost of alumina has fallen below 3,000 yuan / ton mark, the shortage of natural gas in Shanxi alleviate the shortage of natural gas in the region due to the resumption of production of alumina enterprises, alumina supply will continue to increase, Taking into account the price continued to fall or trigger upstream support plate, alumina is expected to hover around 2,900 yuan / ton.

At present, the anode carbon block oscillates at a high level, but the demand is shrinking and the market turnover is subdued. It is understood that Weiqiao prebaked anode purchase price in January is still negotiable, Weiqiao proposed a drop of 150 yuan / ton, carbon enterprises have not yet accepted. Therefore, in general, the cost of electrolytic aluminum may not be a limiting factor in the capacity of electrolytic aluminum.

Domestic aluminum ingot inventories are still at record highs

January 4, according to statistics, China’s 12 areas of aluminum ingot inventories increased 25,800 to 1,697,600 tons, the increase in inventories is mainly reflected in the Wuxi area. According to statistics, the inventories of seven domestic aluminum ingots totaled 1.774 million tons, an increase of 12,000 tons from last Thursday. Domestic aluminum ingot social stock was 1.757 million tons, an increase of 10 thousand tons. With the first quarter of new production capacity and production gradually put into operation as well as the northern rain and snow led to the arrival of blocked aluminum ingot, aluminum ingot inventories continued to record highs in the first quarter is difficult to alleviate the pressure on the stock.

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Short-term domestic market as a whole gloom than the trading atmosphere, and LME base metals boosted by the weak dollar strengthened overall. Operationally, it is proposed to wait for the news of the dollar to be gradually digested, and find the opportunity to be short when the market returns to the fundamentals. It is recommended to focus on Shanghai aluminum 15000-15300 yuan / tonne pressure bit. Risks point is the policy to cut production, electrolytic aluminum losses led to increased concentration led to reduced aluminum production, cross-market capital flows into the market substantially.

January-November chemical industry added value increased by 3.7%

National Development and Reform Commission recently released data show that in November, the chemical industry added value increased by 2.8%, the growth rate down 2.8 percentage points year on year. Among the major chemical products, the output of ethylene increased by 6.7% over the same period of last year; the output of primary form of plastic, synthetic rubber and synthetic fiber increased by 2%, 16.2% and 4.5% respectively; the output of caustic soda dropped 0.8% and that of soda ash increased 7% %, Of which nitrogen fertilizer increased 3.4%, phosphate fertilizer and potassium fertilizer decreased 4.6% and 1.4% respectively; pesticide production decreased 5.2%; rubber tire casing increased 3.5%; calcium carbide output decreased 5.6%.

From January to November, the added value of the chemical industry increased by 3.7% from the same period of last year, with the growth rate down 4.4 ppt YoY. Among the main products, ethylene production was 16.58 million tons, an increase of 1.9%. The primary form of plastic output 78.18 million tons, an increase of 4.9%; synthetic rubber production 536 tons, an increase of 3.8%; synthetic fiber output of 41.33 million tons, an increase of 2.9%. The output of caustic soda was 30.91 million tons, an increase of 2.5%. The output of soda ash was 24.45 million tons, an increase of 5.2%. Fertilizer output was 57.51 million tons, down 4%. Among them, nitrogen fertilizer production dropped 7.3%, while phosphate and potassium fertilizers increased 0.8% and 3.7% respectively. Pesticide production dropped 5.3%. Rubber tire production 86,956,600 tires, an increase of 6.3%. Calcium carbide output 22.7 million tons, down 0.4%.

Among the key chemical products monitored, the prices of some products went up from the previous month. In November, the average price of caustic soda (caustic soda) was 4550 yuan / ton, down 0.2% over the previous month and up 35.8% over the same period of last year; soda ash was 2540 yuan / ton, up 8.1% from the previous month and up 42.7% over the same period of last year. Urea 1750 yuan / ton, down 1.7% from the previous month, up 25%; domestic DAP 2700 yuan / ton, up 8% from the previous month, up 1.5%. Calcium carbide 3070 yuan / ton, down 4.1% from the previous month, up 17.6%.

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China bans “foreign waste” imports, Britain is too impatient to handle

“The UK is about to face a build-up of plastic waste. “At the beginning of the new Year, Britain’s major media collectively voice. The key to the British public opinion is China’s import ban on foreign waste, and its regulations are in force in recent days.

 

According to the Xinhua news agency earlier last July, the State Council issued the “ban on foreign waste import to promote solid waste imports management system reform implementation plan.” Under the implementation plan, the importation of waste plastic from living sources, waste paper without sorting and waste textile raw materials, vanadium slag, etc. are prohibited before the end of 2017. By the end of 2019, a gradual cessation of the import of domestic resources can replace solid waste.

 

At present, Britain is thinking about the future of rubbish, the short-term practice is to export waste to Vietnam and India, but these countries can accept a limited scale, if incineration will also face a series of environmental problems.

 

The BBC said 2nd that it is not clear how Britain will achieve this long-term goal and how to address the short-term crisis caused by the Chinese ban.

 

Half of UK plastic waste exports affected

 

China’s ban on imports of “foreign trash” has made Britain anxious. The UK waste disposal industry estimates that about half of the plastic waste exported to China for recycling will be affected by the ban because it does not meet China’s new standards.

 

“The plastic waste involved will be between 70,000 tonnes and 80,000 tonnes per quarter,” the FT said last month, citing a report by Green Peace group Greenpeace (Greenpeace). Other markets are unable to receive so much waste … Storage capacity in the UK will quickly tighten. ”

 

An employee of the waste treatment consultancy, 360Environmental, said last year the UK exported 264,000 tonnes of plastic waste to China, more than One-third of the UK’s total plastic waste exports.

 

Liby Pick Libby Peake, senior policy advisor to Green Alliance, a think-tank, said the waste might need to be “landfill, incineration or stacking” in the UK.

 

According to Greenpeace, the UK relies on China for low-cost recycling of waste to meet its environmental objectives, and has exported 2.7 million tonnes of plastic waste to the mainland of China and Hong Kong, China, since 2012.

 

As early as last September, the British Ministry of Environment, Food and Rural Affairs and industry representatives convened a meeting, according to minutes, the Chinese ban on the British waste recycling companies and local municipal authorities can have a huge impact.

 

“I have no exaggeration to say that the industry supply chain will be greatly affected,” said an employee at IWPP, a waste paper disposal company. ”

 

“For decades, market forces have pushed the waste reprocessing business to Asia, but we are now likely to be blocked,” said Adam Rhide, a spokesman for the Suez, a waste management company with 70 local municipal authorities. ”

 

In July 2017, according to the Xinhua news agency, according to the State Council issued the “ban on foreign imports of solid waste import management system reform Implementation Plan”, China before the end of 2017, the high risk of environmental pollution, the masses of the strong reflection of waste plastics, not sorting waste paper, waste textile raw materials, 24 solid wastes such as vanadium slag are prohibited from being imported and notified under the relevant committee under the WTO’s requirements for transparency obligations.

 

Simon Elin, chief executive of the UK Recycling Society, Simonellin the BBC: “[The Chinese ban] is a huge blow to us … The rules of the game in our industry have been changed … There is no such market in our country at all. This means that there will be major changes in our industry. ”

 

Britain turns waste exports to Vietnam, India

 

“China’s changes should be a wake-up call to the British Government, reminding them to bring this valuable business back to the country by setting clear, sustainable policies that fit industry and environmental policy.” “Red said.

 

But Britain’s recycling society, UK Recycling Association, says that, according to current circumstances, the UK is still unable to handle most of the rubbish.

 

The BBC says other Asian countries are also able to take in some of the plastic waste, but very limited, and there is a lot of waste to go nowhere.

 

Two other important sources of waste recycling in the UK are Vietnam and India, and Vietnam imported 32,000 tonnes of plastic waste from the UK in 2016, compared with India’s, according to a study by Greenpeace.

 

“These markets will soon be saturated in Vietnam and India, and they will not want to take on low-quality waste in the long term,” added Green Alliance’s pique. ”

 

“We are continuing to work with the waste disposal industry and the United Kingdom Environment Agency (Environnement Agency) to understand the impact of the Chinese government’s proposed waste import restrictions on the industry as a whole,” the UK Ministry of Environment, Food and Rural Affairs said. …… As part of our resource and waste management strategy, we are also looking for ways to deal with more waste recycling at home. ”

PVA

 

But Simon Elin, chief executive of the UK Recycling society, said he had no idea how to solve the problem in the short term.

 

Recoup, the UK plastics recycling agency, said China’s import ban would lead to the accumulation of plastic waste in the UK, as well as to waste incineration and landfill.

 

In response, the BBC said any action to burn plastic waste would be strongly resisted by environmental groups.

 

“Burning is the wrong choice-it’s a high carbon and non-renewable way, and it will bring toxic chemicals and heavy metals,” said Louise Aichi, a Greenpeace Louise. …… If you build a incinerator, it will exacerbate the one-time-use plastic market over the next 20 years, which is what we need to reduce now. ”

 

At the same time, Peter Fleming, of the British Local Government Association (Government Association), said to the BBC, “It is clear that incineration will play a role, but not all parts of the UK have incinerators.” ”

 

Fleming said, “This is a challenge-but only in the short term … We’ll deal with that. In the long run, we need a smarter garbage disposal strategy. ”

 

Greenpeace’s Louise Aichi to the British government, “the government has been delaying decision-making, shirking its responsibilities and making us a mess.” ”

 

According to the BBC, the British Environment Secretary Gove Michael Gove admits he is a bit behind the problem.

 

Gough told the BBC that his long-term goal was to reduce the use of plastic products in the economic structure, reduce the category of plastics, and simplify local authorities ‘ regulations to make it easier for people to judge what is recyclable and not recyclable, to increase the recovery rate.

 

Gough also said Britain must “stop sending rubbish overseas”.
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In addition, the tax on disposable plastic products, based on the variable rate of return on the ease of recycling, changing the classification of rubbish to meet the new requirements of China’s waste grading, has also been discussed or implemented in the UK.

 

There are also voices pointing out that China’s ban is good news for the UK recycling industry. Britain can choose its own familiar products and markets, rebuilding some of the capacity lost by China’s ban.

 

China’s “foreign waste” problem has reached the point of smack

 

China’s “foreign waste” import ban stems from the need to improve environmental quality, safeguard national ecological environment security and people’s health.

 

Guo Jing, Director of the International Cooperation Division of China’s Ministry of Environmental Protection, introduced last July that a part of solid waste from imported raw materials has played a role in making up for the shortage of domestic resources.

 

According to the BBC, China’s waste-recycling companies import millions of tonnes of waste from other countries each year for recycling. According to the International Recycling Agency (according of Analysys Recycling), China imported 7.3 million tonnes of scrap glue and 27 million tonnes of waste paper from Europe, Japan and the United States in 2016.

 

But Guo Jing also pointed out that with the increasing level of economic and social development in China, imports of solid waste can be used as raw materials exposed a lot of problems. In some countries, solid wastes are transferred to other countries in many ways, and some are even illegally exported. These wastes pollute the environment and damage the health of the masses. In particular, “foreign waste” problem, has reached the point of smack.

 

Guo Jing Special Introduction, at home and abroad have some unscrupulous businessmen for the benefit of illegal imports, smuggle smuggling “foreign garbage”, causing many environmental problems, we must crack down and investigate.

 

January 2, the “legal daily” reported that since March 1, 2017, China’s multisectoral has launched 4 of the crackdown on foreign waste. However, there is still a repeated trend of foreign rubbish, the root cause of which is the huge profit attraction.

 

Reported that some countries are the reason for the export of rubbish, because many countries are prohibited in the garbage collection and treatment of environmental damage, and forced enterprises to reuse waste. But waste disposal and reuse costs are high, so many foreign companies are eyeing the previously lax management of the Chinese market. And some of our lawless elements are bought at the price of garbage to buy back the waste, slightly processed by several times, dozens of times times even hundreds of times times the price to sell. Loopholes in the system, the loopholes in the regulation of solid foreign waste into the country.
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The legal daily said, to this end, the relevant departments of our country to improve the relevant laws and regulations and working mechanisms to form a multisectoral joint effort to strictly regulate foreign garbage smuggling, acquisition, processing and sales of all aspects.

 

The Financial Times said the impact of the Chinese ban on imports of junk has begun to appear. So far, dozens of people in mainland China have been arrested for trying to import illegal rubbish, and waste paper is piling up on the streets in Hong Kong, China, because the rubbish is no longer accessible to mainland China.

Russia and Saudi Arabia intend to reach an exit agreement, the two countries will jointly stabilize the global oil and gas market

Russia’s Energy Minister Alexander Novak said in a speech on Friday (December 22) that Russia and the Organization of the Petroleum Exporting Countries (OPEC) will smoothly and smoothly withdraw from the production reduction agreement and may implement another type of limited production Measures to ensure that the oil market will not be re-oversupplied after the production cut-off expires.

Novak said: “Everyone in the market wants to see a return to equilibrium.”

OPEC and Russia and other non-OPEC oil producing countries have extended the production cut agreement to the end of 2018, but investors are worried that crude oil output will be bounded after the cut-off agreement expires. Therefore, it is the focus of attention whether an order of exit agreement can be reached.

On the other hand, since the beginning of this year, Russia and Saudi Arabia have significantly enhanced the bilateral relations between the two countries and King Salman of Saudi Arabia has also conducted a large-scale political and commercial visit to Moscow. Crude oil has always been the focus of business between the two countries, as crude oil exports are an important source of revenue for both countries.

On Thursday, King Salman of Saudi Arabia and Russian President Putin held a conference call during which both parties agreed to continue to strengthen cooperation to jointly stabilize the global oil and gas market.

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