September 19, the domestic urea market offer the overall trend of 40-60 yuan range rose, the mainstream offer rose to 1600-1620 yuan / ton. At present, the reasons for the rise in urea prices are mainly three points: First, the international demand It is understood that the weekend India issued a new round of tender information, a new round of tender for the September 25, sailing on November 8. A new round of tender shows that the current Indian urea market is less than expected, and the demand for urea is more urgent. India urea market inventory gap for the domestic urea manufacturers to bring greater positive, but also lead to pull up the price range of urea. Second, the domestic demand, in late September to October will usher in the fall of fertilizer, the overall demand for agricultural increased. Third, raw materials, due to coal prices rose steadily, urea cost support is still strong.

Business agency urea analyst Zhu Yaoyao that the current domestic urea market by the impact of environmental protection and raw material costs, start-up costs gradually increased, leading to urea market prices to maintain. At the same time the international and domestic urea market demand increased, the urea market in the maintenance on the basis of showing up, is expected to short-term urea market prices will continue to steady rally.

First, the price trend

According to the price monitoring of the business community shows: September 16 ethylene commodity index was 77.42, unchanged from yesterday, compared with the highest point of the week 100.05 points (2013-03-05) fell 22.62%, compared with the lowest point on February 03, 2016 53.16 Point up 45.64%. (Note: the cycle refers to 2013-03-01 so far)

Since August 31, by the US multi-round hurricane continued impact, ethylene continued upward trend, as of September 16, ethylene rose 40.6 US dollars / ton, or 3.74%.

Second, the market analysis

Upstream: by the OPEC monthly report and IEA raised the global crude oil demand growth is expected to boost, US oil nearly half a month from 45.58 US dollars / barrel rose to 50.50 US dollars / barrel, up nearly 5 US dollars / barrel, or 1.11%.

Downstream: polyethylene and polyvinyl chloride outside the disk offer the overall trend of steady upward trend, the upward trend of ethylene oxide center, the external offer of styrene finished lower.

Third, the market outlook forecast

Ethylene analysts believe that due to the United States a number of major ethylene producing areas by multiple hurricanes, production returns to normal levels take a long time, coupled with the upstream US oil prices strong to ethylene more strong support. The market outlook is expected to continue to maintain steady upward trend.

September 19, the United States WTI crude oil futures fell in November, reported $ 49.90 / barrel, down $ 0.45. Brent crude futures fell in November, reported 55.14 US dollars / barrel, down 0.34 US dollars.

September 19, the European styrene market FOB fell 2 US dollars / ton, ARA reported 1337-1338 US dollars / ton

September 19, the Asian styrene market closed both rose 27 US dollars / ton, FOB Korea received 1329-1330 US dollars / ton, CFR China received 1356-1357 US dollars / ton.