According to Reuters Mexico, Vera Ramosa reported that Mexican President-elect Andres Manuel Lopez Obrador said on Saturday that it is expected that by the end of his term, Mexico’s crude oil production will rise from the current 1.8 million barrels per day to at least 260 per day. Million barrels.

Lopez Obrador added that the new tender for drilling wells announced last week will be carried out in the oil fields and shallow waters of the state-owned oil company Pemex.

“Public investment will be devoted to extracting oil from Pemex’s territory,” he said. “Those platforms that are not occupied will start working again”

Lopez Obrador said earlier this week that the tender will begin in December but does not provide further details.

He also stated that in order to increase production, Pemex needed to reach an agreement with its traditionally cooperating company to begin drilling or mining existing wells.

Pemex’s production has reached its lowest level in decades, with its six refineries producing only 40% of capacity, which increases demand for fuel imports.

Lopez Obrador will take office in December, and he has long criticized the outgoing government for opening up the oil industry to private capital.

The new Mexican leader vowed to strengthen the development of Pemex and refine more crude oil in Mexico

First, the price trend:

According to the data of the business community, the price of ortho-benzene was stable this week. On September 7th, the price of o-xylene was 7,837.50 yuan/ton, which was stable compared with the price of o-xylene (OX) of 7,837.50 yuan/ton on September 1, up 31.60% year-on-year.

Second, the market analysis:

Product:

This week, the inventory of phthalene in the East China Port remained at a low level. As of September 7, the inventory of Huadong Port was about 30,000 tons. The price of phthalate external disk fell. On September 6, the European market for o-xylene market was quoted at US$1005.00/ton FOB Amsterdam, Rotterdam and Antwerp. The price of US$1010/ton was lower than that of the previous week. The price dropped by US$5/ton. The price of phthalate external disk fell slightly, the cost of imported ortho-benzene decreased, and the price of imported ortho-benzene remained stable. The price of imported ortho-benzene was stable, and the pressure on domestic prices of o-xylene was alleviated, but the growth of demand for o-benzene was limited, the growth of o-benzene was unable to support, and the risk of falling benzene was increased.

Inspired by the supply of bauxite from the state-owned Orissa State Mining, Vedanta is optimistic about its refinery expansion project.

The Vedanta Lanjigarh smelter is located in the Kalahandi district of Orissa, about 152 km from the Kodingamali mine. It has an annual production capacity of 2 million tons. Since 2007, it has been relying on bauxite operations from Brazil and Guinea and Andhra Pradesh and Gujarat. But the company recently obtained raw materials from the local Kodingamali mine for the first time.

Previously, due to shortage of raw materials, although Vedanta has obtained 2 million tons of operating license, the annual production capacity has been maintained at 1.2 million tons. The company has begun to increase the capacity of the smelter from 2 million tons to 4 million tons and to 6 million tons in 2021. As of now, Vedanta has spent about Rs 50 billion on expansion projects.

On September 3, the rare earth index was 348 points, which was the same as yesterday. It was 65.20% lower than the highest point in the cycle (2011-12-06), which was 28.41% higher than the lowest point of 271 points on September 13, 2015. (Note: Cycle refers to 2011-12-01 to date)

The average price of metal lanthanum in rare earth metals is 407,500 yuan / ton; the average price of metal bismuth is 1.625 million yuan / ton; the average price of metal bismuth is 660,000 yuan / ton. The average price of lanthanum oxide in rare earth oxide is 325,000 yuan / ton; the average price of cerium oxide is 1.145 million yuan / ton; the average price of cerium oxide is 410,000 yuan / ton; the average price of cerium oxide is 316,500 yuan / ton. The average price of niobium alloy in rare earth alloy is 41,250 yuan/ton; the average price of niobium-iron alloy is 1.15 million yuan/ton.

Recently, the index of rare earth mining has been released, totaling 120,000 tons, an increase of 15,000 tons compared with 2017. However, the price trend of some rare earth products in China has temporarily stabilized, and the price of niobium oxide has risen slightly. Most rare earth separation enterprises have stopped production, resulting in supply. Decline, especially some mainstream rare earth oxides, the supply performance is tight, and the recent recent procurement cycle, some commodity prices in the rare earth market are temporarily stable. Recently, the trading volume in the market is very limited. The major manufacturers of products are also cautiously waiting to see each other. The mutual inquiry has become more frequent. The downstream receiving goods are not actively leading to the low price of some rare earth products. The rare earth analysts of the business community are expected to be in the near future. The impact of the US trade war, the export of rare earth to the United States is subject to certain restrictions, but the recent rare earth market is about to enter the procurement cycle, it is expected that the rare earth market will rebound in the later period.

Although plastic straws are small, they are difficult to recycle and can cause serious harm to our environment and other organisms. Faced with the global challenges brought about by disposable plastic pollution, many governments around the world have set off a “plastic limit” boom this year, and catering giants have stopped supplying or promised to stop supplying plastic straws.

Introduced a “plastic limit order”

Recently, the United States KFC, South Korea’s well-known chain coffee shop “An Qi Linuo coffee” and so on have stopped providing plastic straws in the store; McDonald’s also intends to switch to paper straws in the UK and Ireland stores in 2019, trials in some stores in the United States Plastic straws; all Starbucks coffee chain stores plan to bid farewell to plastic straws by 2020, and are expected to reduce more than 1 billion plastic straws per year.

The British government announced earlier this year that it plans to promote a new “plastic limit order” in England to completely ban the sale of disposable plastic products such as plastic straws, plastic stir bars and cotton swabs with plastic rods.

In May of this year, the European Commission proposed a “plastic limit order” scheme, recommending the ban of disposable plastic products such as plastic straws, and replacing the plastic straws with straws made of more environmentally friendly and sustainable materials.

Before the EU ban was officially launched, many supermarkets in Germany have launched the “plastic limit” program. The German Reve Group and the supermarket chain “Leidel” announced in July that they would stop providing plastic straw products at the sales outlets. The supermarket chain “Edka” also said that it would develop reusable items to replace disposable plastic products.

More and more local governments in the United States are also addressing environmental concerns that may arise from plastic straws, and some cities in Florida, New Jersey, and California have banned plastic straws. In July of this year, Seattle became the first major US city to ban plastic straws. Some cities such as New York City and San Francisco have also introduced legislation to ban plastic straws.

Small straw big hazard

At present, the consumption of plastic straws in the world is staggering. In the United States alone, about 500 million plastic straws are discarded every day, and the total length of the joints can be two and a half times around the earth.

Because plastic straws are difficult to reuse, most food and beverage stores do not classify them as recyclable waste, so the ultimate fate of plastic straws falls into landfills or floats on the ocean. A plastic pipette has a service life of only about 20 minutes, but it takes more than 200 years to naturally degrade into small molecules. Plastic straws that enter the waters are often eaten by animals such as sea turtles, seabirds, and fish.

British Minister of Environment, Food and Rural Affairs Michael Goff said in a statement that disposable plastic products are a scourge to the ocean, causing serious damage to the environment and wildlife, and people must take action to protect the marine ecology. British waste disposal company “commercial waste” listed plastic straws as “hard to recycle” items, calling it “the ultimate waste of mankind.”

Statistics show that more than 8 million tons of plastic waste enters the ocean every year, including plastic straws, which has a serious impact on marine life, fisheries and tourism, resulting in economic losses of 8 billion US dollars. Plastic waste kills millions of seabirds, 100,000 marine mammals and countless fish every year. Studies have shown that if the status quo is ignored, by 2050, the weight of plastic waste in the ocean will exceed the total weight of fish.

Plastic waste not only harms marine life, but also threatens human health. Plastic waste will gradually break down in the ocean, forming a large number of microplastic particles less than 5 mm in diameter. The toxic and harmful substances contained in the microplastic particles themselves and the toxic and harmful substances adsorbed in the water will accumulate through the food chain and may eventually enter the human body.

Advocate rejection of disposable plastic products

Penny Lyndeck, a molecular biologist at the Plymouth Ocean Research Institute in the United Kingdom, said in an interview with Xinhua News Agency that the “plastic limit order” will help consumers change the habit of using plastic straws, and consumers will soon be able to adapt to alternatives. If more and more companies promote alternatives such as paper straws, the cost of replacement may fall, and the cost factor will not make it difficult for merchants to comply with the “plastic limit order”.

On this year’s World Environment Day, the United Nations issued a message calling on consumers to refuse to use disposable plastic products, purchase recyclable goods, and develop reasonable spending habits in their lives. Consumers can’t just play the role of a participant, but should also be a driving factor in driving changes in the behavior of suppliers and retailers.