Domestic liquid epoxy resin market this week, continued gains, solid epoxy resin market consolidation, the new single just to hear the field, the downstream chasing enthusiasm in general. Weeks of raw materials bisphenol A prices continue to test a narrow range after the week after the rebound, another raw material epichlorohydrin high order, the cost of surface support in general, part of the resin factory due to environmental protection or maintenance and other factors affect the start load is low, Liquid liquid resin supply is still tight, liquid resin factory offer again higher, but also by the rise of a single consultation, and solid resin factory downstream demand downturn, shipping pressure with the weak. As of Thursday’s close, the East China Solid mainstream reference talks for the 12900-13200 yuan / ton acceptance to the weekly average price was flat last week, the center of gravity narrowly weaker; East China liquid epoxy resin market to discuss the mainstream in the 15800-16300 yuan / Ton acceptance to the week average price rose 1.92%, offer more high-end.

Herbicide, the price of glyphosate, the price of glyphosate, the price of glyphosate, the price of glyphosate, the price of glyphosate, the price of glyphosate, the price of glyphosate, By the impact of intermediate price increases, the market price is high, other varieties of stable mainly cash tight.

Glyphosate original drug market has some inventory, manufacturers offer lower to 20,000 yuan / ton, the market wait and see mood serious; glufosinate drug prices remained at 165,000 yuan / ton high.

Fulu Liling original drug stocks in general, the market price of 30,000 yuan / ton; Fluorosulfamate herb export good, the market is no stock, still a difficult to find the goods, the market price reported 12 million / ton. Yixu grass pine drug demand slowed down, the price fell, offer to 65,000 / ton.

Corn herbicide near the end of the drug, nicosulfuron original drug maintained at 185,000 yuan / ton, upstream intermediates high, but the downstream demand in general; nitrione prescription market slightly replenishment, the price of 123,000 yuan / Ton; Atrazine original drug offer stable at 19,000 yuan / ton, less car manufacturers. Limited amide herbicides intermediates prices up, alfalfa original drug reported 25,500 yuan / ton, propranolol original drug reported 36,000 yuan / ton, aldehydes amine original drug reported 25,500 yuan / ton, Acetochlor original drug 23,000 yuan / ton, manufacturers operating rate is low.

Ethoxylated fenafil is limited production, garlic field demand gradually started, the price reported 15.5 million / ton, spot tension. Oxygen ketone drug intermediates upstream market more manufacturers, offer 12 million / ton. The market is stable, the price is stable at 51,000 yuan / ton; dimethyl tetrachloride sodium supply tension, reported 21,000 yuan / ton, the market inventory low. Benzethonium chloride drug end of the drug, offer to 45,000 yuan / ton.

Cyhalofloxacin original drug, the market part of the spot, offer 180,000 yuan / ton. Queno Wo Ling original drug supply tight, manufacturers pre-order orders, export orders more, the market reported 155,000 yuan / ton. The price of the drug is not enough to bear the impact of environmental inspection, the price increase, a cargo difficult to find, reported 85,000 yuan / ton, weed grass water agent reported 38,000 yuan / ton, tight supply. Efficient Fenfluazapine original drug intermediates out of stock, the market price remained at 210,000 / ton.

Oil and gas system reform usher in new progress. Recently, the CPC Central Committee and the State Council issued a number of opinions on deepening the reform of the oil and gas system (hereinafter referred to as “opinions”), clarified the guiding ideology and basic principles of deepening the reform of the oil and gas system, the Xinhua News Agency reported on May 21, The general idea and the main task.

“Daily Economic News” reporter noted that in the oil and gas system reform program brewing process, the pipe network has been concerned about the independence. The “opinions” deployed eight key reform tasks, which referred to the reform of oil and gas pipeline network operating mechanism to enhance the intensive transport and fair service capabilities. Step by step to promote the state-owned large oil and gas enterprises trunk pipeline independent, to achieve pipeline and sales separately. Improve the oil and gas network fair access mechanism, oil and gas pipeline, the province and inter-provincial network are open to the third party market players.

In addition, it is worth mentioning that, on April 13, the National Development and Reform Commission held a press conference on the operation of the macroeconomic situation, at the meeting, for the oil and gas field co-ordination of the pilot work, the National Development and Reform Commission Policy Research Director and spokesman Yan Pengcheng Said that after the formal implementation of the oil and gas industry reform program, in the third batch of pilot to promote.

Private enterprises are expected to get more pipeline orders

“The existing mechanism has some immature (place) or the existence of defects, oil and gas reform is very important, especially oil and gas pipeline network independent. After the reform, from upstream to downstream of the industry chain as a whole can be more efficient. Analyst Li Yan told reporters.

Huatai Securities Research pointed out that the past, “three barrels of oil” production and distribution integration, monopoly oil and gas pipeline construction and management. At present, China’s crude oil, refined oil, natural gas long-distance pipeline is basically by the oil and Sinopec subordinate pipeline company construction, has basically formed a monopoly on the oil and gas pipeline industry. Past pipeline construction tender, more to the oil system within the enterprise tilt. If the pipe network is independent, private enterprises are expected to get more pipeline orders.

“In fact, the pipe network independence has been mentioned many times last year, the state first proposed to set up a separate pipe network to run the company, but the implementation of more difficult.” Longwang petrochemical analyst Wang Haohao “daily Economic news “reporter said that one of the problems encountered is that” three barrels of oil “do not want to cede the profits of this part. Because the pipe network transport this one, the downstream is the “three barrels of oil” an important profit point.

Wang Haohao view, take a step by step to better promote the reform process, to step by step to achieve the ultimate independent pipe network. Wang Hao Hao pointed out that China’s natural gas resources itself is not very abundant circumstances, if you can achieve independent pipe network, and the third party market players open to the public, then the mining out of the gas source, like walking high speed, pay a little tolls , You can enter the pipe network sales.

Natural gas terminal prices are expected to decrease

In the agency’s view, this will also have an impact on oil and gas prices. Many industry insiders believe that through the reform, the middle of the pipeline network can lead to the independence of natural gas market.

“Daily Economic News” reporter noted that the “opinions” proposed to promote non-resident gas prices market, and further improve the residential gas pricing mechanism. According to the law to speed up the construction of oil and gas trading platform to encourage qualified market participants to participate in transactions, through the formation of market competition prices. Strengthen the pipeline transportation costs and price regulation, in accordance with the principle of permitted costs plus reasonable income, scientific development of pipeline transportation prices.

According to the “Economic Information Daily” reported on May 5, a few days ago the relevant departments have set up 12 working groups, assigned to more than a comprehensive start to control the cost of enterprise pricing costs, the follow-up will study the development of natural gas pipeline prices, The following pipe network pricing.

Wang Hao Hao said that the upstream mining and the middle gate station price reduction is not a big possibility, if further down, then, “three barrels of oil” business is almost no much profit. However, through the independent accounting of the provincial network, you can reduce the cost of transportation, which can reduce the terminal sales price, and can increase the use of natural gas. Huatai Securities Research reported that the independent increase in pipeline network investment will accelerate the transport costs will be reduced, the downstream gas operators will fully benefit.

“Opinions” to deploy eight key tasks

It is worth noting that the “opinions” have deployed a total of eight key reform tasks. In addition to reforming the operation mechanism of oil and gas pipeline network, it also includes: perfect and orderly release of oil and gas exploration and mining system, improve the ability to continue to support resources; improve oil and gas import and export management system to enhance international and domestic resources utilization and market risk prevention capabilities; To improve the production and supply of high-quality oil and gas products; to reform the pricing mechanism of oil and gas products, the effective release of competitive market vitality, etc .; deepen the reform of state-owned oil and gas enterprises, the full release of key oil and gas enterprises vitality; improve oil and gas reserve system to enhance oil and gas strategic security To ensure the supply capacity; establish and improve the oil and gas safety and environmental protection system to enhance the safety of the whole industry chain clean operation capacity.

Among them, in improving the oil and gas import and export management system, the “opinions” proposed to establish a standardized management of crude oil import dynamic management system, improve the refined oil processing trade and general trade export policy. “Daily Economic News” reporter noted that after the National Development and Reform Commission has made it clear, since May 5, 2017, to stop the use of crude oil processing enterprises to use imported crude oil declaration materials.

Li Yan, “Daily Economic News” reporter said that the new policy means that already have the right to use the refining enterprises, the state’s supervision will be more stringent, there will be measures to monitor the annual quota use of enterprises, and then according to the actual situation Make adjustments. And some do not have the right to use the right to import business, if you want to apply for the right to import crude oil is very difficult.

It is noteworthy that, before the Development and Reform Commission to give the relevant enterprises quota has not been used in full. There are industry research institutions statistics, the relevant refinery for the import of crude oil quotas to complete the proportion of the average is only about 35%, of which part of the completion of a higher proportion of enterprises to complete the quota ratio of more than 50%.

compared to titanium dioxide and TDI rising this year, ethylene glycol market ambition, just last week view, China’s ethylene glycol market as a whole to discuss the atmosphere of strong shocks, but the overall market still gives people a feeling of stalemate. Early last week, the domestic enterprises of ethylene glycol ex factory price at 5356 yuan / ton, by the end of the week the average price of 5361 yuan / ton.

Oil prices also support a cause of ethylene glycol market last week, the international oil prices fell slightly after earlier, U.S. crude oil futures in December once refresh 15 month high to $52.22 / barrel, U.S. EIA crude oil inventories unexpectedly boosted oil prices drop greatly reduced.

years abroad after the dimension E market demand more cold, the market continued weak to run, manufacturers and dealers have reduced price. It is understood that the current domestic D E market price 60-72 yuan / kg.

quotations analysis

Product: this week domestic D E market continued weak to run, most domestic manufacturers, dealers are slightly lower price. The European market downturn, price range recently fell to 5.15-5.4 euros / kg. The vitamin E device manufacturers basically in full production status, it is understood that the special technology dimension E project is currently in the commissioning phase, market sources said the big abundant vitamin E has a Nobel KinStar product supply pattern of change, increase the market pessimistic atmosphere, the weakness of the market operation of VE.

The industrial chain upstream raw material supply tensions. In July 27th, Wang Long group plant leakage, Wang Long group’s annual production capacity of 50 thousand tons, 5000 tons, 70 thousand tons of vanillin diketene, acetic anhydride and acetic acid acetyl methyl ester 160 thousand tons 50 thousand tons, 50 thousand tons of ethyl acetate, ethyl aniline double 3000 tons, 3000 tons of acetic acid dehydroxy, dehydroxy vinegar 3000 tons of sodium. Among them, DK is iso-phytol of raw materials, downstream production of vitamin E in the nervous supply effect. Dimensional synthesis of E. Two intermediates are the three most important methyl hydroquinone and iso-phytol. Among them, iso-phytol from linalool and methyl double B (methyl acetoacetate) synthesis. The spill Wanglong group will make the dimension E of upstream raw materials produce short-term gap (diketene, diketene, double B methyl iso-phytol, vitamin E), further aggravate the tension of upstream products. At the same time, Tiancheng Group was asked to move by environmental problems, the short term is difficult to resume production, the upstream product tensions.

Market forecast

After years of vitamin E market vulnerable to run hard, cold turnover enterprises. At present, manufacturers offer still mainly stable, but with the high dimensional E device manufacturers later, the increasingly fierce market competition, manufacturers will gradually lower offer, expected short-term vitamin E market will show a trend of decline, the market will return to the market in 2015 or later.

Daily yesterday domestic commodity markets rose across the board, black futures continue to lead, leading iron ore rose to three year high, coke (1659, 24, 1.47%) rose nearly 5%. nonferrous metals strong rise, copper (49870320, 0.65%) soared more than 5%, hit a new high stage. Chemical collective also rose, the pitch was hit the daily limit, rubber (21720, 35, 0.16%), followed by the rise of methanol.

“2017 was the year of goods.” Industry analysts said that the supply side structural reform from the black line will be gradually extended to the field of non-ferrous metals and agricultural products, “The Belt and Road” and the expansion of the United States and India capital construction scale will enhance the commodity demand space. Commodities in 2017 is still brisk performance of investment products.

Black bright color LED

Yesterday, the iron ore futures 1705 contract to maintain the trend of rising turbulence, hit a new high stage, rose to more than three year highs, closing at 712.5 yuan / ton, up 6.74%. hot rolled steel, were up more than 4%. financial analysts believe that although the demand has not yet started last week after the spring Festival, with iron ore led by “black” larger fluctuation of funds to buy low enthusiasm.

At present, although the social stock rose sharply, but the steel in the inventory and the financial pressure is not too big, so very price will strongly mills. From this year, around the steel to capacity and will accelerate the improvement of medium frequency furnace, supply release still constraints. The spot construction steel (3428, 29, 0.85%) market ushered in the first year after the shock, mainly fell after the first rise, mainly due to the spot futures fell sharply, high inventory and other factors lead to fall, then the steel enterprises to increase the market maintenance support.

At the same time, foreign copper strike led non-ferrous metal copper fermentation. The main copper contract 1704 morning broke through the pre shock interval, rose to 50000 yuan / ton above the mark, the price rose to another new high stage, more than a two-year high, closed at 50120 yuan / ton, up 5.36%, 1702 contracts, 1710 contract hit a limit. Shanghai, Shanghai zinc and nickel rose more than 3%.

There is news that the temperature is getting warmer, the copper market will usher in the peak season demand, two of the world’s largest copper mine production was blocked, copper stocks continued to decline, the rise in copper prices rose, copper rose to more than 4.6% on Friday, a 20 month high of $6090 / ton, Asia time yesterday soared again more than electronic disk 1%, the maximum rose to $6204 per ton.

Analysts said that despite the rise of the direct fuse copper is the largest copper production stagnation to supply short-term tightening, but from the beginning of the trend, the supply and demand side warming and macro jollier is the root cause of the long full of confidence.

In addition, in December 19th last year hit a two month high of 345475 tons, copper stocks continued to decline. As of Friday, since this year the cumulative reduction of 23%, the demand for off-season inventory falling instead of rising to the Bulls greatly encouraged, and the two countries data even more investors hope for the upcoming season demand.

“After BHP announced the world’s largest copper mine in Chile’s Escondida copper strikes as force majeure to disrupt production. The problem of the world’s second largest copper export license of Grasberg project is still uncertain.” Analysts interviewed said that trade data China better than expected boost metal prices. In addition, Trump had released the next two or three weeks will launch the signal of large-scale tax reform, also led the market higher. Multiple positive resonance of metal support climbing.

Asphalt rubber chemicals group rose LED

Composite polyurethane adhesive product variety, classification methods vary, there are three kinds of common classification methods:

Can be classified according to use: packaging, leather, footwear, textile printing, transportation, household appliances and electronic products, furniture and building materials, new energy safety, composite polyurethane adhesive etc.;

It can be divided into: according to the characteristics of ultra low temperature, foaming, anaerobic, conductivity, high temperature resistance, high resistance, anti-aging, anti media, anti slip agent composite polyurethane adhesive and other categories;

According to the principle of chemical reaction can be divided into: composite polyurethane adhesive, non reactive compound polyurethane adhesive and other two categories. Due to the non reactive compound polyurethane adhesive has environmental protection, production safety and other issues, this year, its market share has gradually been replaced by reactive compound polyurethane adhesive.

performance

The reaction type polyurethane adhesive is a composite containing more than two chemical active components in use after the composite polyurethane adhesive curing, in addition to a wide range of applications, the adhesive have the following advantages:

High bonding strength;

High and low temperature, wide range of design;

Health and good biological performance;

High adaptability;

Medium – strong.