In November 23rd, Shandong alcohol market volatility is not ordinary wheat alcohol price mainstream discussion at 4750-4800 yuan / ton tax, general level of cassava ethanol price mainstream discussion at 4600-4700 yuan / ton tax, high corn alcohol mainstream discussion to 4800-4900 yuan / ton tax, the trading floor is slow, wine enterprises take the goods in general. Jilin area ethanol consolidation, the current market mainstream transaction price: ordinary corn ethanol mainstream price 4350-4400 yuan / ton tax, high corn ethanol mainstream price 4400-4500 yuan / ton tax, ethanol mainstream price at 5100-5200 yuan / ton, lower Xingping buy flat, light trading venue.

reported relevant statistics, since the end of September two months, HuJiao main contract rose from 13000 points to more than 16 thousand points, the cumulative increase of nearly 25%, external capital inflows continued, the market to do more enthusiasm.

According to the latest ANRPC report is expected this year, natural rubber production increased slightly by 0.4%, which is since 2014, down 1.9%, an increase of 0.8% in 2015, to maintain the downturn trend for third consecutive years, while the demand is expected this year consumption increased by 4.5%, natural rubber oversupply situation will be effectively alleviated this year.

Since the beginning of 2011, prices continued to fall causing a major reshuffle of the industry chain, taking into account the rubber price fluctuation cycle of about six years, long-term HuJiao is expected to lead to a new round of spring.

Warehouse pressure decreases, the cash premium narrowed sharply

Last week, the downstream polypropylene industry overall operating rate of 66.3%. Among them, Subian industry operating rate was 68%, CO injection molding industry operating rate was 67%, BOPP industry operating rate of 64%. The high price of raw materials, increased costs, reduced profits, and terminal delivery, resulting in plastic industry operating rate decreased slightly over the previous week. Overall, polypropylene industry downstream operating rate still.

Finally, the petrochemical manufacturers inventory low, delivery pressure

At the same time, taking into account the upstream raw material crude oil price upside expectations, PP 1701 contract rebound may exist, you can try more than a single intervention in the vicinity of the 20 day moving average, a target to 9000 yuan / ton.

Last week, the main part of polypropylene production enterprises and dealers inventory rose slightly. According to statistics, the main petrochemical factory inventories rose by 0.45% over the previous week, major petrochemical and middlemen stock over the previous week rose 2.5%.

Polypropylene market to digest the early gains, downstream enterprises aversion to supply of high, just need to purchase, delivery will is not strong, resulting in petrochemical inventory consumption slowdown. At the same time, Xinjiang Shenhua and the co-founder of transit arriving in North China, East China market supply.

In the case of demand unchanged, is expected this week, petrochemical stocks rose slightly further. However, in view of the current situation, petrochemical stocks remained at a low level.

Furthermore, the downstream industry operating rate still

The relevant requirements of license “Shijiazhuang sword cut pollution action plan” and the municipal government, decided on the city’s industrial enterprises, especially the implementation of strict control measures in key industries of pharmacy, cement, casting, steel, coal, coking and boiler etc.. The scheduling order have taken strong measures for each industry, in order to prevent pollution, pharmaceutical companies are no exception, was asked to stop all. The implementation time from November 17, 2016 to December 31, 2016 to dispatch.

At present, the glyphosate process distribution, production capacity of 70% glycine route, Hebei and Shijiazhuang as the main route of raw materials for the production of glycine and paraformaldehyde are the most important suppliers, accounted for more than 50% and more than 60%.

According to reliable sources, Hebei Donghua’s two main glycine Donghua Jinlong supplier (90 thousand tons), Donghua Jiheng (90 thousand tons) has been discontinued, is expected this week, there will be 200 thousand tons glycine Production capacity or limited production, the current market daily glycine The supply fell to 530 tons, Shandong area glycine The supply is also affected by environmental factors, yields continued to decline, with the daily supply of 1500 tons to 1600 tons compared shrunk 65%. glycine The chemical raw materials, the previous week has increased 20%, to 11000 ~ 12000/ tons on the basis of price is expected to continue to rise.

Paraformaldehyde is also facing the same pressure on prices