at present, the domestic mainstream market, Qilu butanol price stability, the implementation of 6200 yuan / ton. Butanol unit capacity of 50 thousand tons / year, at full capacity, stable operation, low inventory, sales remained stable.

Recently, butyl alcohol factory operating load is high, the market supply increased, the downstream demand procurement, but propylene butyl market is good, prices are still rising space, form a good support for the alcohol market.

PetroChina Northeast Sales Company butanol products offer stable implementation of 6200 yuan / ton. Daqing petrochemical plant (butyl octanol 80 thousand, 130 thousand) operating rate of about 80%; Jilin butanol (n-butanol and octanol device 120 thousand, 120 thousand) in normal operation. Tianjin Bohua Yongli chemical butanol offer stable, 6200-6300 yuan / ton; total production capacity of 170 thousand tons; the normal operation of the factory equipment inventory low, stable sales. Jiangsu Hua Changzheng butanol offer temporary stability, the implementation of 6400 yuan / ton. Butanol factory annual production capacity of 120 thousand tons, the plant near full load operation, low inventory, sales remained stable. Luxi Chemical Company butanol offer steady implementation of 6050 yuan / ton. The current total capacity of 240 thousand tons of factory two sets of equipment, equipment operating rate into about 8, mainly sales of the surrounding area, moderate inventory, delivery smoothly.

At the beginning of the month butanol market due to the downstream customers to maintain a high capacity of butyl, inquiry, stocking enthusiasm is high, buy a good atmosphere, manufacturers inventory low, the market turnover for the better, while continuously pulled up in the case of propylene, n-butanol cost at the cost of supporting strong support; under the collective raised offer homeopathic butanol manufacturers. The market turnover continued to improve the atmosphere.

recently, the strong performance of crude oil, the downstream polyester operating rates remain high, and the production of ethylene glycol to form an effective support for good. But the glycol is expensive, and the supply and demand deposit and pessimistic expectations, businesses cautious chase.

Sinopec East China sales company glycol spot prices stable, the current spot price of 6400 yuan / ton, under the Yangtze, Shanghai, Zhenhai, BASF are executed. Xinjiang Dushanzi petrochemical ethylene glycol unit operating stability, spot price stability, the implementation of 6600 yuan / ton, the products mainly supply the surrounding area. Maoming petrochemical ethylene glycol unit currently operating load is normal, price increase 150 yuan / ton, the current spot local implementation of 6450 yuan / ton.

Ethylene glycol market focus sharply upward, the afternoon MEG price up to 6480 yuan / ton, the intention of concentrated shipment. The morning of ethylene glycol market by the impact of rising oil prices, the domestic ethylene glycol electronic trading opened higher volatility, the spot market price of Sinopec North China raised 300 yuan / ton, the spot market shocks, some continue to rise. East China glycol spot offer price set at 6400-6500 yuan / ton, ethylene glycol ethylene in Southern China to offer 6550 yuan / ton.

At present, the domestic stock of ethylene glycol, polyester factory inquiry intent is expected in the short term, domestic ethylene glycol or the spot market will continue to shock strength mainly.

Recently, manufacturers have been the end of maintenance, supply of propane tends to be stable, but after the weather turns cool downstream for propane consumption increases, and the trader terminal stockpile awareness crescendo in the fundamentals, a great improvement.

Recently, Dongying Huatai chemical 80 thousand tons of propylene oxide plant started around 80%, Nissan 200 tons, the factory is single cash talks to 10550 yuan / ton. Dongying Hualian Chemical propane price stability, the implementation of 3750 yuan / ton, factory shipments in general. Shandong Huifeng Petrochemical propane price stability, the implementation of 3930 yuan / ton, the normal operation of equipment manufacturers, the normal inventory.

Recently the propane market offer has been high, the short-term relative to the downstream demand gradually improved, the refinery production is relatively small, the current low price of shipping resources worry free, high or slightly minor resources.

In December 7th, the Jilin area of ethanol finishing a narrow range, the current market mainstream transaction prices: the general level of corn ethanol mainstream price 4400-4500 yuan / ton tax, high corn ethanol mainstream price 4500-4600 yuan / ton tax, ethanol mainstream price at 5100-5200 yuan / ton, the factory inventory is not much, the market may temporarily.

For some time, in the role of multiple factors, the domestic field of industrial raw materials ushered in a wave of rapid price surge, steel, aluminum, paper, plastic, glass and other raw materials rise one, brought huge impact to the downstream plant. The price surge in Dongguan related industries affect the geometry? Dongguan factory how to actively respond to the new crisis in the timing of the cost pressure?

“A month ago, we received from the supplier price letter every day, the total cost of individual products therefore increased 5%-8%, want to give orders to mention the price, foreign customers said they did not accept the price!” yesterday, Dongguan Buddha EVA Technology Co. company boss Yong Ching told reporters so describe this round of plastic “price tide” on the company’s impact.

Due to the superposition of oil prices, coal logistics freight rise, multiple factors such as devaluation, relative to the beginning or lows of the year, plastic raw material prices have risen sharply this year, October is the rapid shot, even a doubling of prices rose more than 30%.
Among them, as a large number of commercial enterprises in the middle of Dongguan, plastic manufacturers have earned pots full bowl full, while the downstream plastic products enterprises, such as toys, gifts and other factories, then feel no small cost pressures. The difference is that, take the high-end line, the production of high value-added business, the ability to bear relatively strong.

Market performance: part of the price of raw materials doubled
In the famous Dongguan plastics industry chain services business group headquarters, deputy general manager of the company operations management department Lai Boning showed the trend chart of plastic spot since the beginning of this year to the reporter. Reporters saw in the previous two years after the downturn, PE plastic prices rose from 7000 yuan per ton in the beginning, to October this year, a breakthrough million mark, currently hovering at 9600 yuan, up about 4 into. “The more violent is PVC, the price rose about 150%, futures prices have doubled”.
The headquarters is located in Southern China City Zhangmutou plastic well-known plastic trading platform general manager Yong party plastics made miracle also disclosed to reporters, plastic prices since October this year rose particularly badly, such as ABS, PP and PVC for more than a month rose two or three. Dang Yong said, because the domestic plastic raw material from almost half of imports, therefore, since the beginning of this year, the continued depreciation of the RMB is also caused by the rising cost of plastic. As an international commodity market, Chinese plastic products had experienced a trough, so also in compensatory growth. In addition, some petrochemical manufacturers and traders to “understanding” to increase the price, and the cover plate futures market speculation exacerbated price rises.

In fact, this round of plastic prices is the role of multiple factors superimposed. In addition to the above reasons, Boning Lai also said that coal prices in the first half of the “black line” rise, slow recovery in oil prices, also led to most of the coal chemical raw materials and rising domestic petrochemical raw materials; rectifying and standardizing the logistics industry, the logistics costs increased by more than 30% and so on, factors are also rising prices.
Intermediate traders: to make money market open

Dongguan has been an important trading center for the plastic area of Southern China, Zhangmutou, Changping and other places have a large number of traders gathered in plastic. Reporters found that this year’s plastic traders can be described as opening the money market, can have a good year, the original stock suddenly turned into a golden knots, Wu Wu re look, and so began to be popular in the industry. “Now, many companies have begun to sell, stockpile, a true reflection of the mentality of the market.” Lai Boning said.

“For the plastic trade companies, the overall profitability of this year should be considerable. Our company plastic factory prices generally rose 30%, especially hard plastic, the most obvious price increases.” Li Juan, manager of Dongguan Heng Xuda plastic trade Co., Ltd., who is engaged in the import and sale of plastic, said that the company’s profits increased by at least 20% this year.
Dongguan Leixin plastic materials Co. Ltd mainly do is ABS material, customers are mainly air conditioners, refrigerators and other household appliances, and modified plastic factory. The company manager Wang Siyun said, this year ABS raw material prices rising rapidly, about 10000 yuan from the beginning to now, rose to 14000 yuan, the profit space is very large, the entire ABS plastic in short supply in the state. “This rise is the largest increase since 2009, the longest duration, especially since September, rubber prices have a great impact on the industry”.
Factory: downstream costs soared too much

In Dongguan, a large number of pillar industries, plastic products occupy a considerable share. This round of price increases, to the downstream of the Dongguan plant to bring a considerable impact, especially in toys, craft gifts and other industries. Dongguan, a large Hong Kong toy manufacturers responsible person told reporters that the price of plastic has caused a 12% rise in the cost of enterprises, which brings great pressure to the enterprise.

We are very concerned about the price, the association opened several times to explore, a lot of vice president of the unit, the member companies are tucao.” Dongguan, a large number of small and medium-sized foreign trade enterprises, the association of industry and trade will be president Yong Chengxiang told reporters. To have the long and big orders for foreign trade enterprises, because the orders were signed by the node to calculate the cycle, often for months, so the raw material prices especially let them eat less.
Yong Chengxiang runs a Buddha named EVA.

This week, domestic aniline Market Focus offer higher volatility, mainstream manufacturers offer cost pressures forced offer actively follow up. By the end of this week on Friday (December 9th) business community sample enterprises mean at 8873 yuan / ton, up 6.39% for the week, with three months as a period of aniline or 26.16%.

In December 8th, Shandong Jinling aniline factory price continue to increase 100 yuan / ton, Dongying 8810 yuan / ton, 8830 yuan / ton (cash discount 150 yuan per ton). The normal operation of Taixing Sinpo, a set of 50 thousand tons / year aniline device inventory, manufacturers offer temporary stability 9100 yuan / ton acceptance price, cash discount 150 yuan / ton; the real single talks. Shandong Fu run, 20 thousand tons / year aniline plant normal, low inventory, today offer raised 100 yuan / ton 9000 yuan / ton acceptance, cash discount 150 yuan / ton, the actual shipment can negotiate. Nanjing Petrochemical 260 thousand tons / year Aniline Unit 5 into normal load, take the goods today offer temporary stability, the implementation of 8700 yuan / ton acceptance since, cash discount 150 yuan / ton, a single talk. Lanzhou Petrochemical 70 thousand tons / year aniline plant October 31st parking maintenance, around November 17th restart, today offer 9000 yuan / ton acceptance implementation.

The current industry underemployment, the spot market is tight, the factory limited sales. And the raw material benzene market strong trend, offer continued to rise, the market speculation rose thicker atmosphere, shippers offer push up. Is expected in the raw materials market support, next week the market offer aniline or center of gravity will narrow upward.

from the Ministry of Commerce, November 28th, Pakistan National Tariff Commission announcement, said the decision to apply for the domestic industry, from mainland China, Taiwan, Indonesia, Iran, India area and South Korea imported acid Launching Anti-dumping investigations.

The survey involved 34021110 Pakistan customs tariff under the product survey period for the July 2015 to June 2016. Stakeholders should be from the investigation organ within 10 days from the day of filing the case to the registration, submit the relevant information within 45 days.

Knowledge links:

Anti dumping (Anti-Dumping) refers to the dumping of foreign goods in the domestic market on the measures taken to resist. General is the dumping of foreign goods besides imposing general import duties, and taxes, it can not be cheap to sell, such a levy known as the “anti-dumping tax”.

Although the “general agreement on Tariffs and trade” in the clear provisions of the anti dumping problem, but in fact all the things, still the anti-dumping as the main means of trade.

In September 13, 2009, the Ministry of Commerce Chinese originating in the United States imports of automotive products and chicken products to start anti-dumping investigation procedures. Anti dumping (Anti-Dumping) anti dumping refers to the dumping of foreign goods in the domestic market on the measures taken to resist. General is the dumping of foreign goods besides imposing general import duties, and taxes, it can not be cheap to sell, such a levy known as the “anti-dumping tax”.

On the one hand by the coal, crude oil and other bulk raw material prices support;
On the other hand is the verification of environmental protection, equipment maintenance and other factors make the industry supply and demand pattern improvement.

The recent northwest methanol plant accident parking, methanol supply was reduced, while Hebei, Shanxi, Henan and other places of the environmental protection examination has not diminished, small and medium manufacturing enterprises to limit production, production makes supply decline. With the increasing of subsequent snow weather, will transport goods northwest and other places the cost increases further, the regional tension in the supply and demand pattern or will continue.
The latest price The East China market, methanol prices rose to 2850 yuan per ton to 2900 yuan, of which Ningbo market price has been close to 3000 yuan per ton. Other areas continue to push up sharply, to increase 100 yuan per ton or more, Shandong, Anhui and other places more than the price of more than 2800 yuan per ton, the majority of enterprises in the northwest part of the enterprise once again raised, 3 times increase to 2650 yuan per ton. The port market, falling inventories, methanol prices have nearly 2800 yuan per ton to 3000 yuan. Near the end of the year around the stock up or speed, tight supply and demand for methanol prices is expected to post strong impetus, methanol prices are still up space.

Industry fundamentals At present, China’s methanol production capacity of nearly 70 million tons, the operating load is low, the actual production capacity is far lower than in January this year to October, the cumulative production is only 35 million 300 thousand tons of methanol. Downstream market, methanol to olefins has gradually become an important new growth point of the industry, will effectively boost the market demand. Since last year, the domestic methanol to olefin project into production peak, the new capacity is expected to reach 9 million 580 thousand tons of ethylene and propylene, which purchased methanol demand of about 24 million 130 thousand tons. The new Austrian shares owned equity methanol production capacity of 738 thousand tons of methanol product gross margin over 30%. Baotailong and Yuan Xing energy also has the capacity of methanol, the business income accounted for the proportion of revenues were 10.2% and 13.25%.

Device maintenance, Affected by environmental factors such as Henan, Hebei and other places more than methanol plant parking down the negative, the average operating rate fell to 8.78% in November. Downstream market, enterprises operating rate increase in December 1st, domestic coal (methanol) to olefins plant the average operating rate of 85.73% over the previous week, up 10.32 percentage points, Yulin Shenhua device can resume normal operation, the domestic methanol to olefins plant overall operating level increased significantly, before two enterprise parking device ether have also restarted operating rate a slight increase in 3.03% than the previous week. The downstream operating rate increased, especially the increase of methanol to olefins plant operating rate, the supporting effect on the upstream price of methanol.

Environmental pressure, As an alternative fuel of methanol gasoline, clean is better than conventional gasoline, and exhaust emissions are low, is gradually recognized by the market. 11 Yuegong ministry has proposed, will further deepen the Methanol-fueled car pilot, to establish and perfect the standard system, strengthen policy guidance, actively explore the development mode of Methanol-fueled car, promote Methanol-fueled car development for promoting vehicle fuel diversification, reduce vehicle emissions, plays an important role in energy security. At present, Shanxi, Shanghai and other places have Methanol-fueled car pilot, the pilot areas with subsequent expansion will bring new products for methanol market space.

7 East and more methanol enterprise collective price increase, the futures contract is trading again, hit a new high this year. The spot market, 6 methanol enterprise price rose nearly 8%, this year rose more than 50%.

It is understood that the current market tight supply, the downstream enterprises to increase the purchasing power of methanol. In addition, some equipment maintenance and further reduce the supply of methanol, methanol prices boost.

The fourth quarter of this year since the methanol market appears to accelerate the rising trend:

Analysis of the industry, while the OPEC move intended to stimulate the sluggish rebound in international oil prices, but the production is very difficult to achieve the expected effect of dumbledore. On the one hand, the OPEC production rate is low, only about 1% of global output and economic growth, lack of motivation, the increased demand for crude oil is slow, difficult to change the basic situation of oil city oversupply fundamentally; on the other hand, the U.S. shale oil will regain the opportunity for development, in addition to the United States President elect Trump that will relax outside of American oil limit, because OPEC cut the initiative to make the market share and painstakingly create a rising price trend, will also boost the shale oil production increased rapidly.

As you can see, after the international oil prices slightly warmer has made the shale oil drilling number showing growth. As of December 2nd week, the U.S. oil drilling activity to increase the number of 3 to 477, the highest since January. In the past 25 weeks, the number of active drilling oil has accumulated an increase of 155, once the oil price continued to pick up, will make the shale oil yield increase rapidly, thus bullish effect largely offset the OPEC cut. Moreover, the US shale oil production cost has been reduced by nearly half compared with 2014 levels, more survivable if more U.S. shale oil into the market, which will undoubtedly bring new relationship between oil supply and demand shocks.