At present, many Chinese chemical raw material market price has gone up too much. For example: domestic rutile titanium dioxide in the beginning of 9300 yuan / ton, the current has reached 14000 yuan / ton; neopentyl glycol by 6000 yuan / ton rose to 13800 yuan / ton, propylene; market price of about 4000 yuan / ton, and now the price of crude oil rose to $45-50 / barrel interval; butadiene has been from the beginning of 5300 yuan / ton crazy rose to 14000 yuan / ton, the direct result of butadiene butadiene rubber made from the market price touched 18000 yuan / ton, the price is higher than the natural rubber 5000 yuan / ton. Some even doubled, individual species actually rose more than 400% (TDI)!

Furthermore, the capacity of crazy expansion and low-cost competition, foreign counterparts miserable

Just is not to earn money by peer price competition and the expansion of production capacity, with the help of some rare good news will push up the market price to earn more money, the production and utilization of speculative means enterprises and traders will inevitably lead to market prices change radically.

The authoritative person said: “the next 3-5 years to predict certain chemicals market prices, the market not only rise and not fall things up when fierce, or when the same kind of example we seem too horrible to look at, too much.”

Recently, the media revealed that earlier this year announced a $43 billion acquisition of Syngenta (Syngenta) of the China chemical has also purchased Meng Shandou (Monsanto). If the news is true it means that global agriculture and seed industry in the field of “big six” – Meng Shandou, Syngenta, Bayer, Dow, DuPont pioneer and BASF were involved in mergers and acquisitions chaos. And China to acquire chemical and agrochemical business among the big six of the first to become the giant Syngenta A new force suddenly rises. M & a scramble for market share, is expected to become the future market benchmark”.

Second, BASF in a chemical plant explosion caused by chain reaction

Recently, BASF, a German factory explosion rocked the world news. Many people in the industry questioned whether the parties Moumou varieties rose may, many people are concerned about whether can use this “rare” fishing in the market hard news. The so-called “news market” means, with the explosive news influence, fueling a means to obtain from the vested interest.

Daily yesterday afternoon, a chemical plant in Licheng District of Ji’nan exploded and ignited the surrounding units warehouse. According to the Ji’nan Municipal Public Security Bureau official micro-blog bulletin, the scene no casualties and trapped. Currently the fire has been effectively controlled.

Ji’nan City Public Security Bureau official micro-blog today afternoon briefing, 13 am today, Ji’nan city command center received a report: located in Licheng District Gaishi East Fifth fire area logistics. Ji’nan City Bureau Command Center immediately command 8 squadron fire brigade mobilized 24 fire engines rushed to the scene of fire rescue, Licheng bureau also sent police involved in the rescue.

In the recent oil price promotion, as well as the basic demand to improve, PTA and viscose price cycles of individual goods prices rose significantly, and closed production, new production capacity, as well as the domestic part of the capacity delay effect of maintenance and other factors, resulting in domestic supply contraction, driven by domestic TDI prices rose significantly, investors can focus on the relevant the subject.

In addition, with the transformation of enterprises Selen Science & technology, Del as the representative of the future, in the new material field of innovation through horizontal expansion, downstream of the vast space, the performance is determined, long-term investors focus on.

BASF in 2015 The sales revenue of $59 billion 300 million in the chemical industry once again topped the list last year, BASF lost Sinopec ranked second last year before BASF had 8 consecutive years ranked top.

Sinopec for $50 billion 300 million Chemical sales revenue ranked second, Dow Chemical for $48 billion 800 million Chemical sales income ranked third. Exxon Mobil, SABIC and taishu respectively for $40 billion 700 million, $36 billion 600 million and $36 billion 200 million Chemical sales in the fourth to sixth. Japan MITSUBISHI chemical for $29 billion Chemical sales income ranked seventh, and last year’s ranking rose three compared. Ineos for $28 billion Chemical sales revenue ranked eighth, an increase over last year. Leander Ba Sell for $26 billion 200 million Chemical sales income ranked ninth, two lower than last year. DuPont Co for $25 billion 100 million Chemical sales income ranked tenth, two lower than last year.

A sharp decline in sales revenue and profit growth

[hot] Gade chemical network daily Recently, the “chemical weekly” published in 2016 the world Chemical “$1 billion club” in the latest ranking in 2015 listed enterprises Chemical sales ranked.

This year the list of 106 companies Chemical sales income of more than $3 billion, to qualify, which America’s list of 39 companies, Europe, Asia and Africa region for the 33 companies, the Asia Pacific region on the list of 34 companies, including 6 companies are China, Sinopec, Formosa Plastics Group, North Huajin Chemical, Hengyi petrochemical, Sinochem Group and Wanhua chemical.

China nitrogenous fertilizer industry association chairman Gu Zongqin said, from the year 1 to August the nitrogenous fertilizer industry in the view of the operation, can be used to describe. The main reason is that the decline in the export competitiveness of Chinese fertilizer, nitrogen fertilizer products can not meet the requirements of modern agricultural development, nitrogen fertilizer production enterprises to light production sales.

Gu Zongqin pointed out that the strong international market demand is an important factor in stimulating domestic fertilizer production is growing rapidly, but with foreign production capacity have been put into operation, will give the nitrogen export Chinese enormous pressure of competition. With the cancellation of preferential policies for the export cost of fertilizer, high nitrogen fertilizer products China disadvantage highlights. China fertilizer enterprises need to further reduce the cost, enhance the international competitiveness.

Gu Zongqin pointed out that at present most of the traditional production enterprises of nitrogen fertilizers, homogenization phenomenon is serious, can not meet the requirements of modern agricultural development, can provide efficient special fertilizer, can not meet the balanced fertilization, fertilization, fertilization, fertilizer integration mechanization fertilizer requirements, more and more urea is only compound fertilizer raw materials. N the farther away from the terminal market and enterprises. “Changes in the market demand changes, elemental fertilizer can not adapt to this change, the industry is bound to get out of the quagmire of low efficiency, which is an important reason resulting in a decline in profitability of nitrogenous fertilizer industry. The first 8 months of this year the nitrogen fertilizer industry net loss of 7 billion 400 million yuan, while the fertilizer industry has achieved a profit of 12 billion 100 million yuan, enough to show that the gap between the two industries.” Gu Zongqin said.

Gu Zongqin also said that for a long time, there has been the problem of nitrogen fertilizer production enterprises sales of light weight production, most of nitrogenous fertilizer enterprises to focus on increasing production capacity, expanding the scale, cost reduction, focus on marketing work is not enough, lack of investment, the ability to open up the market of nitrogenous fertilizer enterprises is weak. Gu Zongqin pointed out that the current industry is facing a hitherto unknown difficulties, the external environment in the short term unable to recover, the industry itself also need time to resolve contradictions.

In October 20th, PTA has always been low-key suddenly heavy volume masukura. At the close, PTA main 1701 contract increased 573 thousand and 500 hands, Masukura single day so much for the first time. All the total contract Masukura about 700000 hands, since positions hit new high. The date of the contract rose 2.12%, more than three months since the biggest rise.
The entire commodity market environment and PTA own situation to attract foreign capital in favor of industry. Polyolefin, methanol and PVC have good gains, while PTA remained at the bottom of the weak shock, there have been no decent rebound in the price depression compared with other commodities, which attracted the attention of speculative funds.
October PTA mainstream manufacturers of equipment maintenance, while the downstream polyester in season, the load level is high, October to the inventory of larger efforts, the current social inventory and stock consumption ratio is not high; in addition, on the price of crude oil rose to $50, the downstream polyester sales situation is good, the price is rising, polyester factory inventory at a reasonable level. The production profit is good, compared with the PTA production profits has been 400 yuan in the low level, industry chain price and profit transfer is also normal.
China is the world’s largest PTA production and consumption country, the upstream from the PTA factory to the intermediate traders to downstream polyester plant PTA have been involved in the futures market, the active use of futures hedging, PTA futures development has been more mature..

Last week, the operating load of ethylene glycol in about 76% decline in the previous month, Anhui Huaihua, Inner Mongolia Tongliao, Henan coal (Puyang), Henan coal (Xinxiang) is still in the parking. Although there is an increase in the port inventory base but is still low, closing on Thursday to the main inventory statistics in East China MEG in 561 thousand and 400 tons, compared with the previous week inventory increased 48 thousand tons. Downstream, robust and smooth polyester started sales performance of ethylene glycol demand can be maintained.

According to customs statistics, 1-8 months in 2016 total imports of ethylene glycol in 4807393883 kg, compared with last year, down 17.90%, imports amounted to $3071087330, compared with last year, down 39.88%. 1-8 month 2016 total export volume of ethylene glycol in 9696412 kg, compared with last year reduction of 48.65%, exports amounted to $14585104, compared with last year, down 43.22%.

In general, good performance of existing peripheral oil for support, and work to ensure stable downstream polyester, but these positive factors still cannot let glycol cause conflagration. At present, the ethylene glycol and tepid state short-term difficult to change, and the current domestic production capacity of large, overcapacity problem will be highlighted, the future is expected to maintain an optimistic attitude, the later influence further attention to the situation on the upstream and downstream of ethylene glycol trend.