chemical raw material aniline week market volatility is not, North China factories offer up to 50 yuan / ton, factory spot supply, production and marketing of basic stable. MDI downstream obvious conflict, inquiry oriented, just need to save space to discuss a deal, see further news guidelines.

The polymerization of MDI the focus of the market rally, Wanhua increase the supply of steady, has certain influence on the mentality of the market, the drying up atmosphere subsided, traders mentality is not offer stability to actively take the goods; downstream users cautious orders, enthusiasm of the poor. The eastern and Southern China, North China Wanhua PM200 offer in 27000-27200 yuan / ton, Shanghai goods offer in 26700-27000 yuan / ton.

The recent MDI on the whole offer limited volatility in stock trading daily dish is not sufficient, steady, steady and increase the supply of Wanhua, sporadic talks just downstream of the small MDI market is expected next week; offer high narrow finishing.

commodity collective callback yesterday, chemical futures led the declines, plastics, asphalt and PP fell more than 3%, PTA, PVC plastic fell more than 2%, the main contract L1705 contract opened low, fell to lighten up, late accelerated decline, to close the limit. L1705 received 10015, down 525 points, or 4.98%, lighten up 44 thousand hands.

Better than expected OPEC crude oil shocks

Nearly two months to maintain the high international crude oil shocks, the U.S. WTI crude oil to maintain 51-55 dollars / barrel rangebound, Brent crude oil to maintain 54-59 dollars / barrel rangebound. In November 30, 2016, OPEC agreed to cut 1 million 200 thousand barrels a day from the beginning of 2017 January, the International Energy Agency on Friday issued the “oil market monthly report” that in 2017 January, OPEC crude oil 32 million 60 thousand barrels a day in December than in 2016, average daily reduction of 1 million barrels, OPEC production rate commitment scale of 90%, a record high execution rate.

Actively contribute to the production of OPEC crude oil crude oil supply and demand balance. Beck Hughes data show that the oil drilling platform for four consecutive weeks increased, the last 15 weeks for 14 weeks, the total number of active oil rigs hit a new high since October 23, 2015, compared with the lows of May 2016 80% higher than that of income in the international crude oil prices rebounded, the U.S. shale oil production recovery, U.S. shale oil production will continue to rise, the strong growth in oil production is the threat of crude oil production effect, the late rise space limited oil.

Inventory accumulation to be digested
The PE device to maintain high operating rates during the Spring Festival, the majority of the spot market closed circulation influence stock accumulated suspended petrochemical petrochemical stocks accumulated rapidly, nearly two months of imports of PE continued to remain high, the majority of the port container port difficult holiday. Petrochemical enterprises, inventory, inventory, port inventories traders were significantly accumulated. The Lantern Festival factories resume production, purchasing power increase, but the downstream of expensive raw materials there is resentment, inventory digestion is relatively slow.
The domestic PE plastic limit inventory downstream demand season approaching

LLDPE downstream demand is mainly packaging film and plastic film, plastic sheeting industry has obvious seasonal, this is seasonal agricultural production decision. The annual 3-4 month, industrial production is gradually restored, the spring began, plastic film and packaging film demand will continue to increase, the price will be relatively strong. After the Lantern Festival, downstream factories gradually restored, there is resentment to the high price of raw materials, the overall turnover of the poor, but the film demand season hype, demand for the latter is more optimistic about.

Plastic film factory operating rate of plastic limit

In general, shocks, OPEC is better than expected, the international crude oil to maintain high shock. At present, petrochemical stocks and port stocks continued high inventory and slow digestion. Lower demand, the festival gradually returned, started early downstream significantly, but the price of raw materials has resistance.

Especially the northern film is expected to peak demand season, the intensity of replenishment will greatly help to alleviate the social pressure on the stock, the late demand side support. Overall, the current inventory is in a reasonable range, season approaching, plastic downstream demand is gradually restored, the fundamentals of pressure. Plastic yesterday fell sharply, the plastic of the current water level continued to decline in the limited space, can be in the million mark try more than a single intervention.

In the downstream polyester return to work after the holiday stage, the short term needs a little boost, because the Spring Festival is during the Asian ethylene glycol Festival up support, the cost of supporting a full, short-term pullback space is limited, in addition, the domestic port stocks in the post in the digestion stage, the fall of the market adjustment is rational.

In February 6th, Maoming petrochemical ethylene glycol unit currently operating load is normal, price increase 200 yuan / ton, the current spot local implementation of 8300 yuan / ton. Henan coal group ctmeg quality product price 8000 yuan / ton, the main contract mainly for downstream polyester. Yangzi Petrochemical Ethylene Glycol BASF raised ex factory price of 100 yuan / ton to 8000 yuan / ton, stable, ethylene glycol / diethylene glycol production capacity of 320 thousand tons / year, normal operation.

At present, MEG started near the load rose to 78%, the domestic supply pressure increased. Polyester plant low inquiry up, market demand deposit and support, is expected this week Neiyi glycol market prices remain high consolidation trend.

By the end of 2016, the new factory of Pangang titanium industry successfully put into operation, the new factory Jin Hongshi Titanium dioxide The level of production reached 100 thousand tons, is expected in March 2017 will be smooth production line. Yunnan Chang Ze “Dong Hao Kunming Titanium Industry Co. Ltd” production. On 17 January, R-251 products Everfount success offline, through the detection of the indicators have been restored to the original level. Chang Ze total production capacity of 60 thousand tons a year. Realcan titanium industry located in Xichang, ready to resume production after the Spring Festival, the annual output will reach 60 thousand tons. This cumulative down, 2017, Chinese Titanium dioxide The industry will add nearly 200 thousand tons of Jin Hongshi Titanium dioxide Production capacity, which will greatly ease the supply situation in 2016.

In 2017, titanium dioxide market stable

At present, the titanium dioxide industry boom is good, the market is still in a rising channel, manufacturers of new orders less, mainly in the implementation of the new order. Most factory orders have received 17 years of 2 and March January, most manufacturers plan packed. Choose before stocking downstream enterprises in general, so 2 years later, in March downstream to goods mood is not high. Some manufacturers in February may try to pull up the price to stimulate the downstream to goods in advance. General trading market atmosphere by May. The second half of the year, a major turning point in the traditional September and October, if 7, 8 and two months of the season can be a smooth transition, then September and October February this season rose is not great. But the market is still in the supply and demand situation of the wind vane.

According to the current economic China government GDP growth, the overall economy should be slightly increased compared to 2016, this amount should be at least flat in 2016 and use the titanium dioxide in the downstream market, there is not much fluctuation, there will not be like 2015 downturn. So in 2017, Chinese titanium dioxide will not appear in 2016 a dozen times rising scene, largely dominated by smooth, supply situation will be relatively smooth. If there is no overall prices, January 2016 rising two or three times so fierce. What will be how to develop the specific market, let us wait and see.

in February 9th, is located in Anhui city of Tongling province Tongling Tongguanshan District Hengxing chemical limited liability company (hereinafter referred to as Hengxing chemical plant has been) in ruins, the surrounding roads and railways were covered with black tar, exudes a pungent smell.

On the evening of 8 at 22:50 PM, Hengxing chemical explosion. Tongling city official said, “Tongling micro-blog released” Hengxing chemical high boiling point solvent tank exploded after investigation, currently no deaths. And the local people to shoot a video display, the incident was ablaze, rising from the orange red mushroom cloud and accompanied by loud noise. ”

The cause of the accident, the official informed that the evening of February 9th, preliminary analysis may be a valve steam pipe is not closed to death, causing the tank of solvent oil temperature rose to the boiling temperature, solvent oil vapor due to pressure, gas and liquid high boiling point solvent ejected from the atmospheric pressure discharge pipe, in case of high fever caused by combustion after explosion.

In fact, for this Hengxing chemical, it is not the first time the occurrence of safety accidents caused by fire. As early as 9 years ago in March 9, 2008 five, Hengxing chemical phosphorus sulfide workshop burst fire.

Scene: the factory is in ruins

According to the “Tongling publishing” news, the evening of February 8th at 10:50 PM, Tongling Hengxing chemical high boiling solvent tank explosion, the investigation currently no deaths. According to the Anhui provincial fire brigade in February 9th released the news, then the investigation found that the location of the explosion in a factory for 100 cubic meters of open fuel tank, the storage tank for high boiling point oil, the scene of fire was burning fiercely, the possibility of a two explosion danger at any time, a capacity of 2 and a serious threat to the 100 cubic meters tank.

In this regard, Tongling Municipal Propaganda Department official told reporters on 9 February, by the fire brigade rescue, the fire in the night of February 8th 23:10 under control, 23:57 completely extinguished.

February 9th at noon, the “daily economic news” reporter arrived at the Tongguanshan District of Tongling City Hengxing chemical, in the field, there are two police cars parked in the factory, several police in maintaining order. Just enter the factory, the reporter saw a few workers in the clean ground glass (1339, 28, 2.14%), “this is the night of February 8th, the explosion shattered glass.”

After the explosion, the plant only scattered in various parts of the internal framework, including a huge gas tank, the whole plant is in ruins. In addition, the factory building across the glass windows were shattered all the windows and doors are damaged, not degree.

In addition, factories around the road and railway was covered with black tar, the reporter’s shoes is very easy to be stuck on the tar, and hard to move forward, at the same time these tar emitting a pungent odor, “when it exploded, within the plant tank are blown into the sky, the scene is very scary, when today the smell than last night explosion of a lot of good.” Go to work in the nearby factory Hengxing chemical master Li said.

Master Li told the “daily economic news” reporter, the explosion occurred when he is overtime, feel a strong shock, the company’s plant shattered windows, gates were destroyed, “I was working when the explosion, vibration is very large, once let me stand, the light put around the sky according to the day after the explosion, the smell is very pungent.”

Master Li said, “Hengxing chemical industry gathered around a lot of chemical plant, which is around the chemical park, after the explosion of the fire department thanks to the timely rescue, otherwise two explosions affect other chemicals, then the consequences will be very serious.”

Review: 9 years before the fire