Bring a strong margin of safety synthetic rubber prices for natural rubber.

Affected by rising crude oil prices led to oil products and the change of production process, the main raw material of synthetic rubber butadiene synthetic rubber prices rose sharply driven by the rapid rise in prices. Synthetic rubber and natural rubber has a certain role in the field of downstream tire replacement. Due to the relatively low cost of synthetic rubber, the history of synthetic rubber prices basically under the price of natural rubber. This round of rapid synthetic rubber rose sharply appeared upside down will greatly enhance the natural rubber prices uncertainty, improve the natural rubber safety margin upward.

The association of natural rubber producing countries (ANRPC) said on Friday, due to the flood affected Thailand tapping activities in the first quarter of 2017, the global natural rubber production is likely to decline, the first quarter of the natural rubber production is expected to 0.8% yoy to 2 million 440 thousand tons. The association said in a statement, the 2017 members of the ANRPC annual output is expected to rise by 4% to 11 million 200 thousand tons, the previous three years yields were low. Members of the association of rubber production accounted for 92% of the world’s total output.

Thailand flood for the specific yield to wait until after the show stop cutting, for short-term supply to wait until after the Spring Festival in order to prove or disprove. The flood is more from the promotion of market supply and demand tightening expected point boost natural rubber prices. Rita futures, HuJiao 1705 contract on short-term pressure of 22000 yuan / ton, in the 19600 yuan / ton -22000 yuan / ton range trading.

daily lead: the four quarter of 2016, a gorgeous caprolactam market rise, and all the years of losses decadent trend, industry profits hit record highs, but in 2017, caprolactam market gained momentum blocked, inside trading atmosphere light, the Spring Festival of the caprolactam market is also worth looking forward to?

2016 is the rapid development of the caprolactam industry a year, new capacity hard end production, new capacity will continue to radical future; caprolactam market in 2016 is a very unusual year, the market price is a continuation of the 2015 first decadent trend, then the year after the end of the shock, finally “soaring”, industry profits are finally losses for profit.

2015-2016 price of East China caprolactam market chart

The second half of 2015, caprolactam market plunged, in and around the lunar new year, hit a record low, industry losses reached 2000 yuan / ton, “buy or not to buy up” mood, downstream enterprises stocking before the Spring Festival, the festival returned enterprises procurement of raw materials, resulting in the first half of 2016 the market of caprolactam the overall showed a moderate rising trend.

The caprolactam market in the second half of the extraordinary really appear. In July, August by caprolactam plant maintenance in batches, affect the operating load continued to decline and the G20 summit, the floor price rose nearly 2000 yuan / ton range, while the G20 terminal after the summit, the textile industry finished inventory and inventory of raw materials are low, and the downstream nylon chips Market, from the early October to continue to push up losses, digest a lot of inventory of raw materials, the caprolactam market supply situation, come again at the end of October, coupled with the substantial increase in raw material benzene shortage and price, so the downstream demand, and the cost of supporting strong, caprolactam market rise again ignited enthusiasm. 11, December, caprolactam market prices have been nearly two years since the brush high profit of the industry is also gradually increased.

Domestic caprolactam production enterprises in the new statistical device

According to statistics, in 2016 China’s total production capacity of caprolactam in 2 million 630 thousand tons, the effective production capacity at 2 million 350 thousand tons, production capacity is only 300 thousand tons, but in 2017 the new caprolactam production capacity at 600 thousand tons, is expected in 2017 will be a year of rapid development of caprolactam industry, supply will be more adequate, price competition will be more intense. But after the return, the market trend of caprolactam industry by supply and demand a greater impact, influence the capacity of the new temporary co..

The four quarter of 2016, caprolactam market price all the way “, and the limited supply stride forward singing militant songs”, so the amount of stock less downstream before the spring festival. After the holiday, the device starts to maintain a low rate of Caprolactam

The venue, or still maintain tight supply situation, coupled with the benzene market focus or remain strong, the cost of support can be expected, after the return, caprolactam market temporarily wait-and-see consolidation, with lower purchasing motivation, market focus or steady run stronger.

Guangxi Hechi SASAC Hechi chemical industry initiative broke 11 years ago when the main drawer agreement, with the central enterprises of China chemical industry group public interest dispute.

Yesterday, the Hechi chemical industry revealed a by the Hechi municipal SASAC issued the “on the disclosure of Hechi chemical industry dispute letter”, the disclosure of 2005 China chemical industry group (hereinafter referred to as “Chinese chemical”) through the free transfer of Hechi chemical industry holding gains when the two sides had agreed on the transfer of stock rights. In addition, according to the China chemical aspects of verbal notice in January 2017 will be held by the Hechi chemical matters on the transfer of 37 million 493 thousand and 589 shares, the Hechi SASAC has also raised objections.

[ Click to view the source web page]

According to the letter said, in May 25, 2005, the Hechi municipal government, Chinese common forensic chemical, Hechi SASAC and China Agricultural Chemical Industry Corporation (referred to as the “conversion”) signed the “Guangxi Hechi chemical industry group company asset reorganization agreement”, “Guangxi Hechi chemical industry group company asset restructuring supplementary agreement”. The agreement will be transferred to the whole river group in agriculture, at the same time agreed within four years after conversion in the restructuring of river group investment shall be not less than 550 million yuan. The river group property right after the transfer, the internal Chinese chemical and has undergone several transfer, in 2015 transferred Zhi Hao Hua chemical corporation.

According to the reporter’s inquiry, Hechi chemical industry in May 31, 2005 for the asset reorganization announcement. The disclosure of the equity change report shows that free equity transfer is completed, in Hechi chemical conversion holds 177 million 220 thousand and 890 shares of state-owned shares indirectly through the river group, accounting for 60.26% of total share capital. Notice that the transfer is to optimize the allocation of state-owned stock of resources, deepen the reform of state-owned assets management system, accelerate the pace of industrial restructuring, bigger and stronger China chemical, improve the operation of state owned assets to achieve win-win benefits, Hechi municipal government and the river group, China chemical.

However, China chemical at the helm of more than ten years later chose to sell the shell. In July 12, 2016, Haohua Chemical Corporation under the auspices of the river, Hechi chemical industry group will hold 87 million shares transfer agreement to Ningbo Silver billion Holdings at a price of 840 million yuan. After the completion of the transaction, Silver billion Holdings became the controlling shareholder with a 29.59% stake, the river group also holds 37 million 493 thousand and 589 shares of Hechi chemical industry.

In January 11th, British media reported that the China National Chemical Corp and the Swiss pesticide and seed group Syngenta to EU antitrust regulators proposed small concessions, in order to solve on its $43 billion acquisition of doubts.

Reported on January 11th, a close to the deal, sources said, China chemical does not have to sell its Adama Agricultural Solutions Ltd (Adama). The focus of discussion is to remedy the individual products, some products may have the Adama.

APC rejected the requests, and said in its statement this week, it will be “more than the previous labor agreement is illegal and unrealistic, because it will cost more than about 20 million of the.” According to the APC2015 annual report, the company’s 2015 net profit of about 131 million, but the statement said, because of the external factors, the company’s profits decline, fell to the lowest level of potash sales prices over the past ten years.

APC said in a statement, the average monthly salary of the company for about 1900 of the workers, and enjoy other benefits. The statement also pointed out that the two labour agreement signed in the past four years, the APC employee wages have increased about 7 million in total. APC said the company in the work environment and the incentive for employees in the first row of jordan.