“The current price is more futures pricing, since 2003 will no longer be priced in the relationship between supply and demand, and with the addition of U.S. shale oil, supply factors become more and more complex,” the prisoner’s dilemma also includes a OPEC member internal conflict and production. “. Besides, even if OPEC production, whether Russia can cut? Oil prices stabilize, once exceeded 50 U.S. dollars / barrel, the United States will therefore continue to resume production of shale oil.” Noah’s chief research officer Jin Hainian told the first financial reporter.

“This year the price in 60~75 dollars / barrel shock, again to return to the history of $100 is already impossible, downside risks from Russia, if it does not cooperate with production, so it is likely that OPEC will tear up the cut oath, oil prices are likely to fall again to about $43, or even return to $30. In addition, the demand side also depends on global economic trends, and Trump came to power after the infrastructure investment policy and manufacturing revival policies can be implemented.” Senior foreign exchange and commodity traders Xian Jingtang told the first financial reporter.

Fortunately, the global demand is rising, which may also make up oil prices steady in the year 2017.

“At least the U.S. economic recovery is relatively stable, China is not so bad, such as India and other emerging market countries started to recover, but emerging market volume except India is relatively small, so the demand is not.” Jin Hainian said.

Pay attention to seasonal rebound in oil prices

The energy industry buyer analysts, senior U.S. stock traders Situ Jie told the first financial reporter said, must pay attention to the price of seasonal opportunities

“Now the hedge funds are doing more than crude oil, oil prices are short of the unknown risk of future buffer, but history shows that hedge funds tend to be on, oil prices may be the” $20 range “frightened courage.”

He said the analysis, general American oil peak is two – year 6~7 month summer peak travel; two is the annual winter heating peak. “December is more subtle in oil refining industry. The large consumption of heating in winter heating oil refinery, but not willing to start buying large quantities of crude oil in December, because of the high crude oil inventories, the end will produce excess inventory tax. As a result, the refinery will try to use the existing inventory, after starting the year began wantonly hoarding of oil. General oil hoarding peaked in 2~3 months. If there is involved in the geopolitical factors, the price may be ascribed to April.”

In 2017 the global central bank easing or limited

Daily 18:40 on January 4, 2017 Xu, carbon Chuan Xiang Yao Gou Cun, Baota District of Yanan City Ma Dong a petroleum gas recycling factory fire.

Firefighters rushed to the scene to rescue the first time.

At present, the fire has been basically put out, 4 people have been rescued, 3 people were slightly injured, 1 seriously injured. The injured rushed to a hospital for treatment. The cause of the accident is under investigation.

About 19:30 today (January 4th), Yanan City Baota District Ma Dong Chuan Xiang Tanyaogou Mizoguchi suspected chemical plant explosion, the specific casualties is not clear. The reporter just from the Public Security Bureau of Yanan city fire brigade was informed that currently has a number of departments of firefighters, the fire brigade Secret Squadron pagoda, Yichuan fire brigade and other rescue vehicles rushed to the rescue scene.

In 2016 the domestic market price of acetic acid is the lowest level over the years, but is also seen in 2014 and 2015, the domestic market of acetic acid in the traditional “golden nine silver ten” season, the situation is not optimistic, fluctuated downward trend, of course, there can be no more favorable for November.

But in 2016 the market was uncharacteristically, from September to November began to rise, upward momentum is still unabated. But look carefully, even if acetate prices rose sharply at the highest price maximum price is still lower than in 2015.

On the whole, this wave of acetic acid market rally began, cost drivers, the latter transition into the supply and demand driven, we look at the specific situation.

The first half of this year, the market downturn, the impact of imports increase. According to statistics, the month of 2016 1-4 ethylene glycol butyl ether imports reached 58352 tons, compared with the same period last year rose 60.33%. Increase imports makes the overall domestic supply surplus, the market price even broken record low. The second half of the supply of easing, the demand gradually tightened, resulting in decline in ethylene glycol butyl ether market.

First, the supply side view, the first half of an ethylene glycol butyl ether imports this year decline last year, domestic factories that supply instability, surface tension, ethylene glycol butyl ether 1 uplink. But in the smooth operation of butyl ether equipment November Dana factory, the domestic supply gradually peatlands, the whole supply gradually easing. Secondly, the demand gradually tightening. Because of the weather, the golden nine silvers ten is downstream coatings enterprises operating rate fell, the downstream users mainly just need to maintain.

In general, the end is approaching, China’s ethylene glycol butyl ether supply pressure, highlight the contradiction between supply and demand. Two upstream raw materials in wait-and-see situation, market supply is relatively concentrated.

According to market sources, Dana factory butyl ether November 21st overhaul installation plan for about 10 days, affected by this, the short term domestic ethylene glycol butyl ether on the atmosphere gradually rose.

According to the monitoring data show that in October 9th -20, the domestic market of acetic acid acetic acid factory in East China generally go up, the price range at 2130 yuan / ton -2500 yuan / ton, Southern China acetate ex factory price in the range of 2400 yuan / ton -2650 yuan / ton.

At present, the domestic coal giants Hualu-Hengsheng acetate surrounding to the price of 2550 yuan / ton, the inventory is not more than 19 days, take the goods, offer 2300 yuan / ton, nearly two acetic acid spread in 250 yuan / ton. As a leader in the chemical industry, Huaneng Power in the market fully demonstrates the change of every act and every move of the market of acetic acid.

The domestic methanol production is the main raw material for coal, coal price fluctuations will affect the price of methanol and then transfer to the price of acetic acid. In addition to the future energy prices will rise slowly, is expected to bring the cost of raw materials for acetic acid, promote the sustained high prices. At the same time, as the downstream acetate acetic acid, also has benefit.

As one of the world’s largest producer of acetic ester solvent Yeshi Chemical Group production and Hualu-Hengsheng almost believe that at the end of the performance benefit of money. It is understood that acetic acid Yip’s chemical prices have started to soar in September, favorable to the growth performance of the company.

chemical present in East China Taixing Jin Yan and Jiangsu sailboat volume around the corner, the supply side will relax. The influence of traffic coupled with the recent severe haze, and the impact of national environmental policies and regulations on the downstream plant follow up slowly.

The dynamic of ethylene oxide in December 22nd the market price of the domestic enterprises or area:

North China sales company Sinopec Tianjin petrochemical, Sinopec in price: out 9100 yuan / ton, up 300 yuan; Yanshan petrochemical price 9050 yuan / ton, up 300 yuan. The price hike in North china.

The normal Shanghai petrochemical, Zhenhai Petrochemical, Yangzi Petrochemical EO plant, factory implementation of 9100 yuan / ton, up 300 yuan, the operating rate in 7-8.

The normal operation of Maoming petrochemical ethylene oxide EO/EG cogeneration unit, offer 9200 yuan / ton, up 400 yuan, the current stock of about 330 tons, compared to the previous statistical stability. Southern China ethylene glycol downstream demand is limited, Maoming petrochemical ethylene oxide production stable, monthly production of 3000-5000 tons.

The operation of the Wuhan petrochemical ethylene ethylene production capacity of 150 thousand tons of normal equipment, factory price 9300 yuan / ton, up 500 yuan. The device load bias of ethylene glycol, ethylene oxide tight supply.

China Rubber Industry Association vice president and Secretary General Xu Wenying suggested that in the face of trade friction intensified, the RMB exchange rate volatility situation, tire enterprises should be based on China’s domestic market, taking into account the foreign market, to brand and high value-added products.

Domestic tire enterprises are worrying Chinese Rubber Association said

Chinese is tire market by the world’s largest car market and car tires, but the market is still foreign brands play a leading role. The domestic tire brand still can not get rid of the status quo of low price competition, in R & D, manufacturing and other areas are lagging behind international brands.

Automobile tires, tire market, China tire, domestic tire

International giant to speed up the layout of China

Multinational tire companies with strong capital, advanced technology, occupy absolute advantage in the domestic car and light truck tire market.

Foreign enterprises occupy about 70% share of the passenger car tire market, local enterprises only share about 30%, but mainly concentrated in the replacement market in supporting the market share is very low.

At present, both domestic and international market, still be Michelin, Bridgestone, Goodyear, HANKOOK, Pirelli, Dunlop and other international tire giants dominate. These international giants are speeding up the China tire market layout. In the global tire sales performance of the top ten U.S. tire as example. In 2006 the company entered the China market in China, the establishment of Cooper Tire (Kunshan) Co., Ltd., and Cooper Tire Asia Technical center.

Recently, the company also has a new action, the joint venture to set up a new company in Qingdao. GM CEO and President Bradley E. Hughes said: “the rich Cooper steel tire supply sources, but also for the China market show of confidence.” In addition, with more than 3000 retail outlets of the tire in China, accelerate the establishment of experience center in key city, and embrace the Internet business, enhance channel capacity and enhance the consumer experience, to seize the market Chinese.

Independent brand hukouduoshi

domestic butadiene market operation, the north market is expected to fall. In October 18th, 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 Southern China sales company of Maoming petrochemical, Guangzhou Petrochemical butadiene price increase of 500 for the implementation of 12500 yuan / ton, mutual supply, a small amount of export.

The market today, the Shandong market overall trading environment is poor, the manufacturers today offer cautious; and the current business to supplier prices kept bearish expectations is mainly because the main export manufacturers shipped yesterday is poor, the market also appeared low price offer. The East China market today wait-and-see sentiment weak, dynamic north market. It is expected that the recent market narrow consolidation market continues upward sluggish.

in October 18th, the domestic price of petroleum resin was weak steady state, Northeast China C5 petroleum resin 5# adhesive resin for road marking paint mainstream price at 7900-8200 yuan / ton, the downstream market demand flat, low price; market of East China C5 petroleum resin 5# resin for road marking paint mainstream price at 8500-9000 yuan / ton adhesive resin, the mainstream price at 9000-9500 yuan / ton; Southern China market C5 5# petroleum resin adhesive resin for road marking paint mainstream price at 8500-9000 yuan / ton, 1# hydrogenation petroleum resin in the mainstream 15500-16500 yuan / ton. The hydrogenation resin supply, strong price.

The domestic market by the impact of weak demand, enterprises take the goods poor. But the downstream demand increased, the market price tends to be stable, it is expected that the recent stability is the main petroleum resin.

Pu: MDI carry the banner Every dog has his day;

Chlor alkali industry: real estate recovery, usher in a counter attack, super judge;

Soda: performance decline narrowed;

fluorine chemical industry The outbreak of new energy vehicles, Six fluorine lithium phosphate A thriving, refrigerant miserable;

phosphorus chemical industry Weak rebound;

Textile chemicals: terminal textile clothing is weak, poor management;