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.

The first three quarters of 2016, titanium dioxide Shirupozhu rose again and again, and before, titanium dioxide is still in decline for four consecutive years of misery. Why the price of titanium dioxide into the normal price? What happened? The bull market will continue to and when? Below we will explore one by one.

The titanium dioxide industry boom gradually rise

Experienced in 2015 after the tragic end of history, starting from titanium dioxide Phoenix in 2016 before the end of 2015, in the three quarter, up high throughout. Rutile type titanium pigment as an example.

In the latest round of titanium dioxide prices, with Sichuan longmang as an example, in September 14th the price once again opened up, rutile titanium dioxide for domestic customers raised 500 yuan / ton, raised the international customers $50 / ton. At the end of the three quarter, rutile high-end market prices have rebounded to 12700-13200 yuan / ton, or up to 28% compared with the beginning. As prices rise, the titanium dioxide industry boom degree also gradually improved, also can be seen from the one or two aspects of enterprise and industry operating profit.

The profits, while the titanium dioxide raw material prices led to increased costs, but its strong gains in titanium dioxide, effectively promote the recovery in profits. The reference of titanium dioxide listed companies report disclosure of data, the first half of 2016 net profit of billions over last year rose 52.49%, to 71 million yuan; and annada is from the huge loss of profit, net profit in the first half of 4 million yuan, an increase of up to 118.77% over the previous year.

In summary, the titanium dioxide industry price, profit and operating condition have been out of the trough in 2015, returned to the level of 2014. So what is the factors to guide this extraordinary counter attack?

Export hot ignition rally, the domestic terminal synchronous recording

domestic sulfur market demand for light, the market

dominated by consolidation, the Spring Festival approaching the deserted, the downstream

guide is not clear, the domestic refineries prices continue to decline, the port trading

atmosphere downturn, while the downstream enterprise replenishment is nearing completion,

the new single handed, the overall market is relatively deserted.

In January 19th, Sinopec Shanghai Gaoqiao Petrochemical solid sulfur sulfur price in the

price of 830 yuan, 780 yuan in the price of liquid sulfur, sulfur containing 12 yuan

fare, liquid sulfur noinstalling normal fare, 7000 tons per month. The main liquid for

Jiangsu sulfuric acid factory, production capacity of 130 thousand tons. The operation of

the Lanzhou Petrochemical 30 thousand tons of sulfur plant in normal, daily output 70

tons, sulfur factory price of 670 yuan / ton, solid hemispherical grain 50KG bag. Sinopec

Jinling Petrochemical production capacity of 260 thousand tons, sulfur sales price in 850

yuan / ton, the liquid sulfur price in 810 yuan / ton, the main sales of liquid sulfur,

the daily output of 600 tons, the main supply surrounding the sulfuric acid plant.

Sinopec Yangzi Petrochemical sulfur plant normal operation, liquid sulfur sales price in

850 yuan / ton, the daily output of 300 tons, the purity of product is 99.9%.

The port, the port of arrival in December -1 month manufacturers is more intensive, but

the demand side is light, total port cargo hold talks scarce, traders wait and see, the

Yangtze River port bulk grain price 880-890 yuan / ton, Qingdao port sulfur particles

reference price 860 yuan / ton, on-demand procurement, market turnover tepid trading

stalemate.

Overall, no substantive progress in sulfur market, holding the goods carefully,

enthusiasm is not high, the market is expected to short-term market consolidation mainly

sulfur.

At present, finishing a narrow range of domestic caustic soda market.

Shaanxi area 99% protopine mainstream price at 3200-3300 yuan / ton; 32% North China alkali ion film mainstream price 850-950 yuan / ton, 99% caustic soda mainstream price 3550-3700 yuan / ton; between 32% ions in the northwest membrane alkali mainstream price 800-850 yuan / ton, 99% caustic soda mainstream price 3000-3300 yuan / ton.

Between January 23rd 32% northwest of ionic membrane caustic soda mainstream price 800-850 yuan / ton, 99% caustic soda mainstream price 3000-3300 yuan / ton. The industry more wait-and-see attitude, downstream demand procurement, the latter is expected to narrow fluctuations in the market. 32% North China alkali ion film mainstream price 850-950 yuan / ton, 99% caustic soda mainstream price 3550-3700 yuan / ton, caustic soda prices stable move, shipments rhythm can, market participants cautious, the market outlook is expected to high market consolidation. The normal operation of Dezhou Shihua caustic soda plant, 32% ion-exchange membrane caustic soda factory price to 2609.38 yuan / ton (100%, the price of Shihua manufacturers inventory), normal goods to go smoothly. Tianjin Bohai chemical plant normal driving, 32% ionic membrane caustic soda factory price 960 yuan / ton (factory price including tax), 99% is the implementation of protopine ex factory price of 3850 yuan / ton, the actual transaction price negotiable, enterprises still take the goods.

At present, the narrow domestic caustic soda market correction. The Spring Festival is drawing near the upstream crude price tends to be stable, downstream manufacturers to accept the goods is less and less, the majority has entered the holiday mode, the actual market trading performance steady light. The latter is expected continuation of a narrow finishing market price of caustic soda.

enterprises in the recent inventory pressure, raw material of acetic acid and ethanol prices weak consolidation, cost support is insufficient, while the downstream by the environmental impact, the local terminal centralized parking demand, supporting weak and positive supplier.

In November 20th, the domestic parts of ethyl acetate Market overview:

The normal production of ethyl acetate plant in Shanghai Wujing 200 thousand tons / year, Nissan 200 tons, this factory price stability, implementation of 5550 yuan / ton cash, part of the transaction negotiations, take the goods properly.

The normal operation of the ethyl acetate plant of Shandong Yankuang 200 thousand tons, Nissan 600 tons, factory price stability, the implementation of 5550 yuan / ton, the actual transaction to discuss, can take the goods inventory, normal.

The normal operation of the ethyl acetate plant in Jiangsu Thorpe 500 thousand tons, Nissan 600 tons, the spot factory price stability, the implementation of 5600 yuan / ton, the actual transaction to low-end, inventory level is normal.

The normal operation of Tangshan Jidong 100 thousand tons of ethyl acetate solvent device, Nissan 200 tons, factory price stability, the implementation of 5800 yuan / ton acceptance, the actual negotiations, inventory is moderate, generally take the goods.

Jiangsu Lianhai biological science and technology a set of ethyl acetate unitoperahon, output 300 tons, factory price stability, the implementation of 5550 yuan / ton, inventory is acceptable, take the goods in good condition.

The normal operation of butyl acetate plant in Shandong Yankuang 100 thousand tons / year, Nissan 500 tons, this factory price increases, the implementation of 5950 yuan / ton, normal shipment.

Market summary: current domestic ethyl acetate enterprises operating normally, stable production capacity, inventory pressure, downstream user demand, the overall market oversupply.

at present, the domestic market continued steady performance of potassium sulfate, trading is still deadlocked, the manufacturers basically extend the previous quotation. Mannheim potassium sulfate plant in by-product hydrochloric acid upside down situation, operating rate remained at 6.5 percent, did not appear to improve.

January 17th Shijiazhuang and potassium sulfate 50% powder factory price 2350 yuan / ton, 50% grain factory price 2500 yuan / ton. Hebei Gaoqiao agricultural science and technology of potassium sulfate particles 50% price 2600 yuan / ton, 50% powder price 2450 yuan / ton, 52% powder price 2550 yuan / ton. Liaoning Xin Water Chemical Co. Ltd. potassium sulfate 50% powder price 2350 yuan / ton, grain price at 2450 yuan / ton. Shandong green chemical potassium sulfate 50% powder factory price 2500 yuan / ton, grain factory price 2660 yuan / ton, 52% powder factory price 2730 yuan / ton.

At present, 50% powder mainstream price at 2400-2500 yuan / ton, the actual turnover still talks. Qinghai area of potassium sulfate does not run smoothly, transportation has not been good to ease. Now 50/51% powder station prices of more than 2300 yuan / ton. SDIC k-lo prices continued early, 51% powder station price 2450 yuan / ton, 52% powder at the price of 2500 yuan / ton, shipping is still not too smooth, tight volume by region.

At present, the upstream prices of potassium chloride, potassium sulfate is expected in the short term price stability oriented.

according to the “oil and gas journal” year-end statistics, the estimated 2016 Global Petroleum (including crude oil and condensate oil and oil sands) output of nearly 39.2 tons, slightly lower than the previous year 0.1%.

Increase in OPEC oil output reached 3% to 16.6 tons, accounting for 42.3% of the world, including Iran, Iraq, Saudi Arabia has strong growth, growth of 2.3%.

Global oil and gas reserves are remaining kerioth minus 0.6%, the oil reserves of 2254.6 tons, also can be mined for 57 years; natural gas reserves of 188 trillion and 300 billion cubic meters, also can be mined for 55 years. OPEC oil reserves increase of 0.04% to 1660.5 tons, accounting for 73.6% of the world’s natural gas reserves; 0.5% dropped to 94 trillion cubic meters, accounts for about half of the world.

China oil production after 10 years of running forward, 2016 is expected to fall to 6%, but still remained at 2 tons, the world ranking from fourth to 2.18 tons dropped to fifth, ranking fourth in iraq.

The sustained and steady growth of China’s oil and gas reserves, oil reserves ranking 1 to thirteenth place, natural gas reserves are still ranked tenth.