Category Archives: Uncategorized

The fundamentals of the oil market is expected to further improve the xylene prices rise

in October 20th, 20, xylene price rise, currently solvent xylene to discuss the market reference price in 4700-5600 yuan / ton, heterogeneous xylene reference 4950-5500 yuan / ton. Xylene solvent market offer 4700 yuan / ton (Zhangjiagang tank), domestic heterogeneous xylene market offer in 4700-4750 yuan / ton (tank). The central branch of Sinopec Changling refinery, xylene: Wuhan petrochemical, China Petrochemical 4700 yuan / ton. Sinopec Southern China Guangzhou Petrochemical Company solvent xylene: the implementation of 6000 yuan / ton, Maoming petrochemical price 5750 yuan / ton; heterogeneous xylene: Guangzhou petrochemical, Zhanjiang Dongxing are the implementation of 5900 yuan / ton. North China sales company Sinopec Qingdao refinery, Tianjin: xylene ethylene and Shijiazhuang refinery implementation of 4700 yuan / ton. Sinopec East China sales company xylene: Yangzi BASF, Zhenhai Refinery quote out 5900 yuan / ton. Liaoning huajintongda chemical Limited by Share Ltd xylene quotation implementation of 5960 yuan / ton, prices.

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The Saudi energy minister Falich said Wednesday, OPEC and non OPEC will act together now to November will determine the specific production quantity, while the short-term OPEC on the oil market intervention is reasonable. Non OPEC countries have great effect on market stability; many non OPEC countries are willing to carry out the production, health improvement and collaborative action can bring the oil market balance; obviously the oil market is recovering, although the rebalancing of the oil market slower than expected; but the oil market fundamentals will be further improved, is expected to next year the oil market will continue to improve. The fundamentals of supply and demand will continue to improve, and the future risk of supply shortage, in view of the growth of petroleum demand health; Chinese demand for crude oil is on the rise, not fall, the price is expected to rise as a result of xylene.

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The price of crude oil rose xylene price ups and consolidation

solvent xylene to discuss the market recently reference price in 4800-5950 yuan / ton, heterogeneous xylene reference 4950-5900 yuan / ton. Xylene solvent market offer 5650 yuan / ton (Zhangjiagang tank), domestic heterogeneous xylene market offer in 4700-5900 yuan / ton (tank). The central branch of Sinopec Changling refinery, xylene: Wuhan petrochemical, China Petrochemical 4700 yuan / ton. Sinopec Southern China Guangzhou Petrochemical Company solvent xylene: the implementation of 6000 yuan / ton, Maoming petrochemical price 5750 yuan / ton; heterogeneous xylene: Guangzhou petrochemical, Zhanjiang Dongxing are the implementation of 5900 yuan / ton. North China sales company Sinopec Qingdao refinery, Tianjin: xylene ethylene and Shijiazhuang refinery implementation of 4700 yuan / ton. Sinopec East China sales company xylene: Yangzi BASF, Zhenhai Refinery quote out 5650 yuan / ton.

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18 oil prices, due to the organization of Petroleum Exporting Countries (OPEC) production is expected to boost oil prices, although the market is expected to last week, U.S. crude oil inventories increased for second consecutive weeks. API announced in the oil city after the close, as of October 14th this week, U.S. crude oil inventories fell 3 million 800 thousand barrels to 467 million 100 thousand barrels, analysts expected to increase 2 million 700 thousand barrels. The message driven by oil prices rose to expand sharply in after hours trading. As of October 7th week, the U.S. crude oil inventories increased by 4 million 900 thousand barrels. The U.S. Energy Information Association (EIA) on Wednesday (19 days) released last week, U.S. crude oil inventory data. Brent crude rose $0.16, or 0.3%, to $51.68 a barrel. U.S. crude oil rose $0.35, or 0.7%, to $50.29 a barrel. Since OPEC proposed in September 27th eight years of the first cut or frozen property proposed to alleviate the global problem of excess supply, oil prices have risen by about 13%. The organization will hold a policy meeting in November 30th.

Recently by the organization of Petroleum Exporting Countries (OPEC) limiting the impact of rising oil prices, the global oil supply surplus, is expected to price ups and xylene consolidation, upward pressure.

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Natural rubber prices despite the recent increase greatly

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%.

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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.

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Lubon staffs got the first aider certificate

Lubon staffs got the first aider certificate

 

Lubon staffs attend the first aider training at 9:00 a.m. Jul. 23, 2016, after the 2 days training of CPR (cardiopulmonary resuscitation), trauma first aid, and the automated external defibrillator, all the staffs passed the test, and got the first aider certificate which issued by the Red Cross Society Of China.

What a nice weekend! We all love it!

The national chemical industry intelligent manufacturing and chemical industry park construction will be held in the exchange of wisdom

for the implementation of “China 2025″, to promote the intelligent manufacturing and chemical industry chemical industry park pilot demonstration and promotion of wisdom, in October 25, 2016, the Ministry of industry and information technology in Shandong held in Liaocheng chemical industry park construction chemical manufacturing and intelligent wisdom of the exchange of experience. Representatives from the national key chemical enterprises, chemical industry park, part of the relocation of enterprises and hazardous chemicals industry association of colleges and universities, more than 200 people attended the meeting.

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At the meeting, Liaocheng mayor Song Jun following a welcome speech to the guests, China petroleum and chemical industry, Deputy Minister of the former Ministry of Chemical Industry Association of the third council president Li Yongwu attended and addressed the opening ceremony, the Ministry of information industry and raw materials industry secretary Zhou Changyi made a concluding speech, the meeting chaired by the deputy director Pan Aihua.

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Shanghai PVC market in September 10th

[market] Gade Chemical Network in Shanghai PVC market to run low, the market is poor, none other shipments. Ordinary type 5 electric stone mainstream 5280-5330 yuan / ton from day 5, Tianchen, execution of 5290 yuan / ton, 7, Tianye type 8 uniform implementation of 5560 yuan / ton, plus 110 yuan / ton acceptance, part of Thailand reported 5330 yuan / ton from the firm, to talk about.http://www.potassium-persulphate.com/

In September 14th the domestic pure MDI market dynamics

September 4th Gaede chemical net net domestic MDI market

consolidation continues, the market news industry more calm, fluctuate

in line with market conditions. East Shanghai cargo talks 15100-15600

yuan / ton (cash), Wanhua negotiations with NPU 15800-16000 yuan / ton

(cash); Southern China area Cheng Dui talks, the Wanhua, talk to NPU

16300-16500 yuan / ton (Cheng Dui).potassium persulphate

Aniline cost surface negative increase acetic acid price has dropped to below cost

Led by: soda ash (2.96%), acrylic acid (2.86%), steam coal (2.53%), urea (China shandong hengsheng (16.97, 0.780, 4.82%) (600426), 1.82%), urea (Baltic, 1.80%).

Among the: benzene (8.33%), aniline (8.11%), polyester (6.30%), BOPP (6.20%), acetic acid (6.00%).

The crude oil market tight trading range. WTI rose 1.73% to $60.72 a barrel last week, brent, dubai crude oil fell by 0.40%, 2.29% to $66.54 a barrel and $62.60 a barrel. In the

weeks before the half, because the Saudi crude exports increased to the highest level in nearly a decade, prices downward adjustment, but the second half of the week in Cushing

crude oil inventories from record highs last fall, alleviate the concerns of the excess supply of the market, at the same time, a weak dollar, the tense situation in Iraq, a

certain extent, support the price of crude oil recovery.

This year China’s pure benzene imports surged, lead to port stocks soared. On Zhou Chun benzene fell 8.33% to 5500 yuan/ton, a 16.67% drop in the pure benzene imports surged

this year, only three months before imports reached 420000 tons, accounting for 60% of the total imports last year, but the import source was not stable consumption, pure

benzene port stocks close to 200000 tons. Nearly two weeks sinopec pure benzene delivery pressure increases, the continuous rapid price cut, making it harder for shipment port

inventory, market bearish mood gradually thick, on-demand procurement downstream users.

Aniline is reduced supply, but cost surface negative effect is larger. Aniline last week fell 8.11% to 6800 yuan/ton. Because the raw material of pure benzene even fell 600

yuan/ton, aniline cost surface bearish, then weaken. Supply side, the jilin Cornell parking, Jin Ling a set of 100000 tons of equipment maintenance, supply market as a whole,

however, are still weak downstream demand, just need to purchase. We expect the short-term there are still cut space.

The manufacturer maintenance, supplies, urea to pull up the downstream demand. Urea lu the hang seng (China) last week rose 1.82% to 1680 yuan/ton, urea (Baltic sea) rose 1.80%

to $283 a tonne, monthly gains were 8.39% and 13.20%, while India’s bidding price is lower and domestic demand is not prosperous, but with the increase of maintenance business,

market supply tensions continued, to a certain extent, pushing prices up. We expect domestic urea market has just started, the current agricultural urea inventory is low, demand

will speed up purchasing raw material, compound fertilizer enterprises is conducive to further promote the market.

Acetic acid price has dropped to below the cost of production. Acetate last week fell 6.00% to 2350 yuan/ton, a 17.54% drop in the domestic price of glacial acetic acid is in

trough, but the current rebound is not obvious. According to the raw material of methanol, according to the market price of the average cost of production of acetic acid in

roughly 2530 yuan/ton, manufacturer of cost pressure has reached its limits, trying to raise price, but the downstream wait-and-see mood is thicker, and the supply is greater

than the demand, therefore has not effectively drive the market higher, is expected to rebound in the short term will not significantly.

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