A shares the basic chemical sector in the sub sector price:

Last week (11.25-12.2), basic chemical sub sectors, nylon, fertilizer sector gainers, respectively, up 3.53% and 2.04%, inorganic salt, resin, potassium, phosphorus chemical industry, the polyurethane plate decreases, fell 9.91%, 5.61%, 5.34%, 5.21%, 4.88%;

One year, phosphate fertilizer, inorganic salt and other chemical raw materials, printing and dyeing, chemical paint paint sector gainers, the fertilizer sector rose 139.81%, inorganic salt and other chemical raw materials, printing and dyeing, chemical paint paint sector rose 68.41%, 54.3%, 39.98%, 32%, soda ash, phosphorus chemical industry, fertilizer, potash fertilizer plate decreases ago, fell 13.34%, 12.16%, 11.7%, 11.68%.

Chemical products prices decline in the rankings:

Last week, Haitong focus on tracking chemical products, VC, chlorine, ADC foaming agent, acrylic acid, VB3 price gainers, the VC price rose 30.14% weeks, liquid chlorine, ADC foaming agent, acrylic acid, VB3 prices rose by 25%, 24.1%, 23.46%, 22.22%. last week, Haitong focus on tracking chemical products, fertilizer, PVC (carbide) B9 and polymerized MDI, natural rubber price decreases, fell 17.7%, 6.92%, 4.76%, 3.9%, 3.82%.

Performance of chemical raw materials futures price:

Last week, WTI crude oil futures closed at $51.68 / barrel, single week rose 12.2%; NYMEX natural gas futures settlement price at $3.505 per million British thermal units, a single week rose 13.61%; natural rubber futures prices closed at 17425 yuan / ton, fell by 2.46% in a single week; Chinese cotton price index (328) to 15949 yuan / ton. One week down 0.08%.

Chemical products categories of price performance:

1 chemical fertilizer and pesticide:

Melamine, sulfur, glyphosate prices rose by 1.22%, 2.47%, 2.22%, urea (Hualu-Hengsheng), synthetic ammonia, fertilizer prices fell by 0.67%, 2.47%, 17.7%;

2 Chemical fiber:

Polyester, polyester staple fiber, polyester POY prices rose 1.87%, 2.53%, 0.65%, cotton prices fell 1.25%, viscose staple fiber prices temporarily stabilized, CPL, nylon, nylon FDY chip prices rose by 4.12%, 3.72%, 2.29%, PTMEG, 40D spandex temporary price stability;

3 polyurethane:

Pure MDI, polymerization of MDI and TDI prices fell by 1.14%, 3.9%, 2.54%, propylene oxide, hard foam polyether, soft foam polyether prices rose by 13.61%, 10.75%, 13.16%;

4 soda chlor alkali:

Light soda ash, heavy soda, liquid chlorine prices rose by 12.12%, 8.22%, 25%, 32% ionic membrane caustic soda prices fell 1.44%, PVC (East China electric stone), PVC (East China ethylene) prices fell by 6.92%, 1.9%; PP, PA6: plastic prices rose by 7.29%, 4.14%, LLDPE prices fell 1.51%;

5 rubber:

Styrene butadiene rubber, butadiene rubber prices rose 6.19% and 5.64%, natural rubber prices fell 3.82%; fluorine chemical: dichloromethane, R22, R134a temporary price stability;

6 vitamin:

VB1, VB3, VC, VK3, threonine prices rose by 7.58%, 22.22%, 30.14%, 12.5%, 4.35%, VA, B9, VE, lysine prices fell by 1.79%, 4.76%, 2.47%, 3.33%;

7 other:

Anatase, rutile titanium dioxide prices rose by 1.26%, 1.06%, 8.7% increase in the price of carbon black, ADC foaming agent prices rose 24.1%.

Dongguan has been an important trading center for the plastic area of Southern China, Zhangmutou, Changping and other places have a large number of traders gathered in plastic. Reporters found that this year’s plastic traders can be described as opening the money market, can have a good year, the original stock suddenly turned into a golden knots, Wu Wu re look, and so began to be popular in the industry. “Now, many companies have begun to sell, stockpile, a true reflection of the mentality of the market.” Lai Boning said.

“For the plastic trade companies, the overall profitability of this year should be considerable. Our company plastic factory prices generally rose 30%, especially hard plastic, the most obvious price increases.” Li Juan, manager of Dongguan Heng Xuda plastic trade Co., Ltd., who is engaged in the import and sale of plastic, said that the company’s profits increased by at least 20% this year.
Dongguan Leixin plastic materials Co. Ltd mainly do is ABS material, customers are mainly air conditioners, refrigerators and other household appliances, and modified plastic factory. The company manager Wang Siyun said, this year ABS raw material prices rising rapidly, about 10000 yuan from the beginning to now, rose to 14000 yuan, the profit space is very large, the entire ABS plastic in short supply in the state. “This rise is the largest increase since 2009, the longest duration, especially since September, rubber prices have a great impact on the industry”.
Factory: downstream costs soared too much

In Dongguan, a large number of pillar industries, plastic products occupy a considerable share. This round of price increases, to the downstream of the Dongguan plant to bring a considerable impact, especially in toys, craft gifts and other industries. Dongguan, a large Hong Kong toy manufacturers responsible person told reporters that the price of plastic has caused a 12% rise in the cost of enterprises, which brings great pressure to the enterprise.

We are very concerned about the price, the association opened several times to explore, a lot of vice president of the unit, the member companies are tucao.” Dongguan, a large number of small and medium-sized foreign trade enterprises, the association of industry and trade will be president Yong Chengxiang told reporters. To have the long and big orders for foreign trade enterprises, because the orders were signed by the node to calculate the cycle, often for months, so the raw material prices especially let them eat less.

Yong Chengxiang runs a Buddha named EVA company, main packaging bags, craft products. Since the beginning of October, he received almost every day the supplier sent a letter of price, fax mail. Totally did not expect to figure out, before we are zero inventory operation, not hoarding raw materials, suffer heavy losses.” Yong Chengxiang sigh. According to his analysis, the company a year of plastic purchasing cost was only 3 million yuan, this year has been more out of about 500000 yuan, is expected to spend nearly 1 million yuan, equal shares to individual plastic products, increasing the total cost of 5%-8%.
This part of the cost pressure can be transferred to the downstream customers? Yong Cheng Xiang: “I think it’s hard to allow sales staff to inform the foreign customers, negotiate prices slightly, the customer does not accept the price, no way, we can only own Yingkang past.”
However, there are companies that raw material prices are still within the scope of. Dongguan City Huang Chang toy factory manager Xiao Jing said, the company is mainly to help some of the big brand production of various high-end toys, such as puzzle learning, high value-added products, prices of some customers also can bear, understand.

7, East China and other more than the collective increase in the price of methanol companies offer, the main day of the contract also once again limit, a new high this year. Spot market, the 6 methanol companies offer rose nearly 8%, the cumulative increase of more than 50% this year.
It is understood that the current market supply is tight, the downstream enterprises to increase the intensity of methanol procurement. In addition, part of the device maintenance and further reduce the supply of methanol, boost methanol prices rise.

Since the fourth quarter of this year, the methanol market appears to accelerate rising trend:
On the one hand by coal, crude oil and other raw materials prices rose support;
On the other hand, environmental verification, equipment maintenance and other factors such as the supply and demand pattern of the industry to improve.
The recent northwest methanol plant accident parking, methanol supply was reduced, while Hebei, Shanxi, Henan and other places of the environmental protection examination has not diminished, small and medium manufacturing enterprises to limit production, production makes supply decline. With the increase of the follow-up snow and ice weather, the cost of freight transport in the northwest and other places will be further increased, the regional supply and demand tense situation or will continue.

The latest price, the East China market methanol price rose to 2850 yuan per ton to 2900 yuan, of which the market price of Ningbo has been close to 3000 yuan per ton. Other areas continue to push up sharply, to increase 100 yuan per ton or more, Shandong, Anhui and other places more than the price of more than 2800 yuan per ton, the majority of enterprises in the northwest part of the enterprise once again raised, 3 times increase to 2650 yuan per ton. Port market, the stock continued to decline, the price of methanol has been close to 2800 yuan per ton to 3000 yuan. Near the end of the year around the stock up or speed, tight supply and demand for methanol prices is expected to post strong impetus, methanol prices are still up space.

Industry fundamentals, at present, China’s total methanol production capacity of nearly 70 million tons, due to the lower load, the actual production is much lower than the production capacity, from January to October this year, the total production of refined methanol is only 35 million 300 thousand tons. Downstream market, methanol to olefins has gradually become an important new growth point of the industry, will effectively boost the market demand. Since last year, the domestic methanol to olefin project into production peak, the new capacity is expected to reach 9 million 580 thousand tons of ethylene and propylene, which purchased methanol demand of about 24 million 130 thousand tons. New Austrian shares have a capacity of 738 thousand tons of methanol,

methanol product gross profit margin of more than 30%. Baotailong and Yuan Xing energy also has the capacity of methanol, the business income accounted for the proportion of revenues were 10.2% and 13.25%.
Equipment overhaul, by the environmental protection and other factors, Henan, Hebei and other places a number of methanol plant down the negative, the average operating rate in November decreased by 8.78%. Downstream market, enterprises operating rate increase in December 1st, domestic coal (methanol) to olefins plant the average operating rate of 85.73% over the previous week, up 10.32 percentage points, Yulin Shenhua device can resume normal operation, the domestic methanol to olefins plant overall operating level increased significantly, before two enterprise parking device ether have also restarted operating rate a slight increase in 3.03% than the previous week. Downstream operating rate increased, especially the methanol to olefins plant operating rate significantly increased, the upstream methanol prices played a significant supporting role.

Environmental pressure, as an alternative fuel methanol gasoline, clean degree better than conventional gasoline, and exhaust pollution is also low, is gradually being recognized by the market. 11 Yuegong ministry has proposed, will further deepen the Methanol-fueled car pilot, to establish and perfect the standard system, strengthen policy guidance, actively explore the development mode of Methanol-fueled car, promote Methanol-fueled car development for promoting vehicle fuel diversification, reduce vehicle emissions, plays an important role in energy security. At present, Shanghai, Shanxi and other places have been carried out methanol pilot, with the subsequent expansion of the pilot areas will bring new market space for the methanol products.

application in November 29th, the sixth session of the Yunnan Forum on biological medicine at the Yunnan University Science Museum Lecture Hall, Wang Fusheng Chinese Academy of Sciences, the Chinese Academy of Engineering Jin Ningyi respectively do the “functional cure AIDS: immunotherapy challenges and progress” “new infectious diseases and biological pharmaceuticals” theme of the report.

More than 400 participants mainly engaged in related fields of science and technology workers, graduate and undergraduate students. They come from Kunming Animal Research Institute of Yunnan Province, Chinese China Academy of medical science, medical and Biological Research Institute, Yunnan University, Chengdu military command center for Disease Control and prevention, Kunming Medical University, the First Affiliated Hospital of Kunming Medical University, Second People’s Hospital of Yunnan province and other more than and 20 relevant units.

Yunnan “13th Five-Year” during the completion of the Yunnan national service, radiation Southeast Asia bio pharmaceutical and health industry center.

The beginning of 2011, Yunnan biological medicine forum held for the first time in 5 years, has been successfully held 5 sessions, each session of 2 invited 3 academicians report, the forum has been generally recognized and widely praised, but also contributed to a number of academicians to establish academician workstation in yunnan.

The purpose of the forum is Yunnan biological medicine:

Invite the domestic first-line outstanding scientists, Yunnan science and technology workers spread the latest research trends, mainly focus on the latest development of biological medicine and translational medicine in recent years, the genetic basis of theory, development of Bio Industry Technology and application of the results, discuss how to promote scientific research institutions and enterprise entities together to promote Yunnan medicine the biological basis of research and development of bio pharmaceutical industry.

after the end of November, domestic n-butanol fell sharply, with the listing price of Luxi Chemical Industry as an example, just a week of n-butanol decline reached 400 yuan / ton, the market uproar.

The afternoon of November 25th Taixing Sunwood fire, the fire was extinguished in the morning. According to industry sources, the accident caused by the factory or acrylic acid and ester plant shutdown rectification, then there is a strong upward price by the above expectations, or the formation of certain Dumbledore for n-butanol boost.

The cause of the collapse of n-butanol:

After the end of November, domestic n-butanol fell sharply, with the listing price of Luxi Chemical Industry as an example, just a week of n-butanol decline reached 400 yuan / ton, the market uproar. The reason for the dropping trend to start in October: National Day after chemical rose, the market mentality quickly turn, because of the relatively low level of butanol supply (East China Normal main port inventory at 1-1.5 million tons, and 11 months in Jiangyin stock was down to 3000-5000 tons), then the market rose. From a valuation perspective Jinlian butanol, East China market from 5800 yuan / ton rose to 6600 yuan / ton, just two weeks time spot rose to 800 yuan / ton. The rally triggered a series of chain reaction, after mid November butanol three main downstream profit is shrinking rapidly, butyl industry was forced to shut down for maintenance, fast shrinking demand to the potential need for big profits.

Each round of market decline will be accompanied by a panic intensified expectations, Fundamentals of the current status of n-butanol market:

1, the social stock is still low

East China before November 20th after arrival, although the import / domestic arrivals reached 20 thousand tons and are huge, but the flow of supply in the 5000-6000 tons, the actual market supply is only 2000 tons; the lower reaches downstream butyl, and butanol butyl butyl centralized parking impeded transmission is closely related to profit. According to the survey found gold LIAN, stop before most of the downstream plant raw materials Butanol Inventory levels have significantly lower than the standing stock, some even forced to no dilemma, so the raw materials available, arriving about goods can only be used as part of the restoration of the standing stock. Butanol After dropping the butyl factory replenishment imperative.

2, the Shandong area resources mismatch caused panic down

11 months late Hualu-Hengsheng octanol unit switching production Butanol Cause local increased supply, in the northern Hebei haze exacerbate plasticizer enterprises and parking for environmental upgrading, some enterprises are the end of the month to clear inventory demand, although the sales volume is not large, but the enterprises clear inventory pressure! Multiple bad in Shandong Butanol Round down lead.

Miki two days before the accident, through the monitoring of the market transactions, low volume exchange jumped into the hand.

Butanol The transaction

By November 24-25 market into the hands and the amount of trading mentality change exchange perspective, Butanol The mentality of the market gradually stabilized, local enterprises will appear reluctant to sell low-cost, fast changing market expectations in a certain extent also verified the social inventory is low in the short term Butanol The rapidly dropping is provided an opportunity for the downstream market just need. But in the overall inventory is low in the background, the shorter duration of market hunters.

With the volume of re amplification, taking into account the Miki accident will boost the profitability of butyl industry expectations, negative factors pre distress butanol will appear obvious relief, then Butanol Boost the downstream stocking enthusiasm will be more obvious.

Of course, the market also has a different voice: downstream of butyl parking Butanol Such arguments should be negative. The author also made their own interpretation of the above point of view, after 2014 Butanol Acrylate have entered the stage of overcapacity, according to the detection of gold LIAN on 2016 industry started to operate the propylene butyl butyl, industry average operating rate is only 5 or so, and in October Butanol Bikong rise butyl industry operating rate fell below the 40%. face of butyl industry profits well is expected, considering the present situation of butanol industry inventory again low, the author boldly predicted this event or to Butanol Bring a strong boost.

Since September, the overall load of international methanol plant declined, mainly in Iran, Saudi Arabia and other Middle East countries caused by centralized maintenance of methanol production. It is understood that the first two units of Oman holiday, Iran ZPC equipment and the temporary stop, still has an annual output of 1 million tons of equipment maintenance in Saudi arabia. Overall, the Middle East is in a tight situation in the supply of methanol. In the Middle East due to the production of methanol with natural gas as raw material, low cost, and China methanol imported mostly from the middle east. Therefore, with the area of methanol plant parking, load reduction, methanol supply low cost in China is short sight.

Not only that, Southeast Asian countries also have a methanol production plant centralized maintenance phenomenon. Since September, Brunei BMC 850 thousand tons of equipment to stop, and Indonesia also had a device in mid October to overhaul, at present Malaysia still has an annual output of 1 million 700 thousand tons of the device in the parking. Because of China’s Malaysia methanol output is relatively large, so the decrease in outer supply traders reluctant to sell under the background of mood enhancement, promote Chinese methanol CFR offer in nearly one and a half to rally. Data show that as of Friday, CFR China methanol to offer up to $275 U.S. dollars / ton, compared to mid September 230 dollars / ton, up 19.57%.

The domestic coal supply tight situation is still difficult to improve

As for coal to methanol based China, on the supply side structural reform under the background of this year, coal prices continued to rise, resulting in downstream coal chemical methanol prices rose to benefit. Despite the end of the month, the Commission decided to convene an emergency meeting of the advanced part of the coal production release, but because the market demand, and actively buying power, production supply is too slow, and limit the capacity of line maintenance, due to the policy effect is difficult in the short term, the coal market tight situation has not yet appeared. This led to the current coal prices still continue strong rise posture, and the downstream methanol to form a strong supporting role in the cost, so as to stimulate the price in compensatory growth market.

In conclusion, the current external methanol supply tight situation is difficult to improve in the short term, while domestic coal to methanol by cost factors supporting, still continue to rise in power. Although the overseas financial market risk aversion rising, but with the fundamentals of good environment, is expected to still have room to rise again in methanol.

The United States election into the final sprint stage, the FBI announced the investigation again on the Democratic presidential candidate Hilary email events, make the election regeneration variables.

The Democratic presidential candidate Hilary Obama’s policy to maintain, the election will continue to promote the economic globalization strategy, and Republican presidential candidate Trump espoused protectionism and economic globalization inverse proposition. Therefore, the market once elected, most people would think that the Fed will significantly accelerate the pace of global interest rates, commodity and stock market will be affected by the impact of the austerity policy.

Affected by this, on Friday, U.S. stocks fell across the board, the market risk aversion. We can see that the VIX fluctuation of Wall Street panic index called the index also pulled straight 5.4%, reached the highest value of one and a half months. This is expected, adverse effects may weaken the domestic commodity futures market confidence in long, resulting in the rise of methanol was inhibited to a certain extent, the investors should pay attention.

International methanol supply caused by successive parking device

The short-term future of Shanghai Secco and Kuwait chemical industry is expected to start, the market supply situation will be relaxed, Sinopec market strong performance, but due to the early market soaring, the downstream market is getting stronger with the lack of follow-up is expected next week; butadiene market downward space.

Gade chemical net original reference standard source please

In October 26th, the Fushun Petrochemical 140 thousand tons / year butadiene unit at normal operation, the latest price for manufacturers to perform 11000 yuan / ton, a small amount of export. Sinopec Southern China sales company of Maoming petrochemical, Guangzhou Petrochemical butadiene price 12500 yuan / ton, mutual supply, a small amount of export. Sinopec East China sales company of Yangzi Petrochemical, Shanghai petrochemical and Zhenhai Refinery, BASF butadiene price implementation of 12400 yuan / ton, the smooth operation of factory equipment, mutual supply. Sinopec Huabei sales company of Sinopec (Tianjin ethylene) in the normal operation of 200 thousand tons / year butadiene device manufacturers; the latest price for 12400 yuan / ton, no export.

Shandong Huayu rubber butadiene plant 100 thousand tons / year in May 26th to stop, restart time is unknown. The original plan in October 10th overhaul of Shanghai SECCO postponed to November; in September 26th the parking overhaul plan recently heard Kuwait chemical drive. Along with the North butadiene price slashed stimulus for the Dachang tour just need to purchase, the market turnover improved, short-term market stabilization and strong intention.

is the production of synthetic rubber (butadiene styrene butadiene rubber, butadiene rubber, neoprene rubber, Ding Jing) of the main raw materials. It is an important basic chemical raw materials, there are many useful dienes in fine chemical production.

The market of butadiene prices, the prices continued to rise, although the downstream market actively follow up, but in the case of high prices continued to follow up and fade weakness, resentment is getting stronger.

In October 25th for butadiene price down, the north area of Fushun petrochemical, Liaoyang Petrochemical latest price dropped by about 1500, of which Fushun petrochemical 11100 yuan / ton, Liaoyang Petrochemical by about 2500 11100 yuan / ton. The northern market trading prices have improved, just to be part of the downstream procurement; East China market wait-and-see atmosphere in general enquiries.