Recently, the domestic DOP market consolidation trend

industry today, the domestic DOP market consolidation trend, while the cost of surface effect, there are still very price phenomenon, but the actual transaction does not have to follow up.

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In December 21st, the normal operation of Shijiazhuang Bailong DOP device, the basic zero inventory status, the foreign manufacturers DOP price 8500-8600 yuan / ton, the real single talk. Hebei Xiongxian Kimcheon DOP stock, today DOP foreign manufacturers offer 8500-8600 yuan / ton, the real single talk. Zhenjiang – DOP equipment operating load reduction, Nissan 200 tons, not to offer the real single talks. Shandong Hongxin DOP supply, the manufacturer of DOP quotation implementation of 8400-8500 yuan / ton. The normal operation of Zhejiang Huangxing chemical DOP device, the spot inventory is tight, currently DOP foreign manufacturers offer 8800 yuan / ton, up 50 yuan, the real single talk. Qilu plasticizer DOP equipment normal operation, inventory is tight. DOP foreign manufacturers offer 8650 yuan / ton, the real single talk.

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Recently, the domestic DOP manufacturers, on the one hand, the terminal demand has not improved substantially, the expected shortage situation, the spot less interested, on the other hand, the haze phenomenon is serious, basically stay on the sidelines. Market outlook, although the demand is difficult to release, but the overall supply based on DOP low, and the cost is high, is expected to remain very price, but the actual slowed down, and the atmosphere light.

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In December 23rd, the domestic parts of sodium metabisulfite Market Overview

finance and the current industrial grade sodium metabisulfite mainstream price range of 2100 yuan / ton.

In December 23rd, the domestic parts of sodium metabisulfite market overview:

Tangshan Huizhong Chemical Co., sodium metabisulfite factory price 2150 yuan / ton, with an annual output of 30 thousand tons, production and marketing of positive real single enquiry.

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Hunan Yinqiao chemical industrial grade sodium metabisulfite factory tax price 2150 yuan / ton, go smoothly, the real single dwell.

Tianjin Jingming sodium metabisulfite offer 2100 yuan / ton, go smoothly, the real single detail.

Summary: market influence by the transportation market, upstream of soda ash, sulfur boost, sodium metabisulfite cost support pressure rising, coupled with the current part of the enterprise equipment production, market supply reduction, tight supply, go smoothly, zero inventory. Is expected in the short term the market will still be the main focus of sodium sulfite upward, prices will rise again, the long-term market still need to wait and see.

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Five is the downstream users of methanol on the rapid rise in short-term sentiment significantly.

Five is the downstream users of methanol on the rapid rise in short-term sentiment significantly.

The short term, with futures prices fell sharply, the price of methanol on the spot price premium to enlarge, the focus should concern basis how to repair, is the spot or futures Buzhang budie. According to Tuesday 1701 methanol futures closing price of 2894 yuan / ton, east port spot price 3000, 3200 yuan / ton, 1701 methanol disk premium spot rate of 106 – 306 yuan / ton; Jiangsu area in accordance with the market price of 3005 yuan / ton, 1701 methanol face cash premium also more than 100 yuan / ton. From the basic point of view, the possibility of further short-term methanol deep down slightly.

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The medium term, methanol price or the supply and demand driven. The supply side, as of last weekend, the average operating rate of domestic methanol increased by 1% to 52%, the main unit of Shanxi is a set of 600 thousand tons / year and in a set of 80 thousand tons / year to restart the other device, no apparent changes, the increase in domestic supply; imports, a total of 70 thousand tons of imported methanol loading and unloading in the port last week, mainly from New Zealand and Saudi Arabia, basically unchanged over the previous week. At present, the supply side and saw no signs of significant changes in the future may. Therefore, you can focus more on the demand side, especially the emerging demand for methanol to olefins.

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Last week, emerging methanol downstream started at around 80%. But rumours of Xing Xing energy production fell below the cash cost, the latter need to focus on the unit production capacity of 600 thousand tons of dynamic construction. In addition, the market is of particular concern, the new Changzhou Fude olefin plant feed production is started, and the market for February 2017 may help as well as 2 million 400 thousand tons of methanol production capacity is expected to be put into operation MTO.

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The traditional downstream market last week, formaldehyde operating rate decreased by 3% to 42%, two operating rate decreased from 2% to 14% methyl acetate, operating rate rose 6% to 89%, the operating rate of MTBE increased by 3% to 58%, the operating rate of DMF decreased from 7% to 48%. At present, the traditional downstream market price is difficult to pass on the cost of methanol resistance, or the downstream equipment operating rate forced down, and ultimately reduce the demand for methanol. At the same time, the traditional end of the downstream demand into the off-season. However, there is little possibility of sharp decline in traditional demand, overall relatively stable. The medium term, as long as the goods the whole atmosphere is not pessimistic, methanol can still be used as a multi configuration, especially at the downstream of methanol to olefins methanol plant put into operation, easily become a rising detonation time point.

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At the beginning of the week is a one-day commodity market overall loss of nearly 2 billion yuan

At the beginning of the week is a one-day commodity market overall loss of nearly 2 billion yuan, of which the chemical sector were topped 750 million yuan, the overall decline in commodity market, bearish sentiment.

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Two is the methanol price and the price difference between the eastern northwest continued to enlarge, the arbitrage window opens.

Three is the rumor Zhejiang Xing Xing Energy of methanol to olefins production below the cash cost, the market is expected to be discontinued.

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The four is producing methanol spot prices began to rise from the basic early last week, and this week the port of methanol spot prices appear loose.

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Manic methanol chemical industry high boom in miniature

methanol also crazy. Less than two months, up nearly 50%.

This year National Day over, methanol futures didn’t stop. Before the national day of the port area of East China methanol price is only 1900 yuan / ton, the festival rose to 2050 yuan / ton. A little later after a breath and made a whirlwind, just a week, from 2500 up to 3200!

WeChat pictures from the public number futures daily”

However, methanol futures mania is only a corner of iceberg chemical industry.

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This chemical price rose more than 30% of the nearly 30, price rose more than 30% to 16. TDI and other varieties of prices and spreads or even reached 164.8% and 285.6%, a record high.

Orient Securities Chief Petrochemical analyst Zhao Chen believes that this year, chemical products prices continued to rebound, corporate profits improved significantly, not only because the demand side policy underpinning to maintain growth, and the supply side of the past few years a lot of exit capacity, finally the gap between supply and demand to boost prices.

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