At present, the market price of TDI is a step back to. By the end of November 9th, the price in East China market has dropped to 32800 yuan / ton, compared with 3 weeks ago the price fell more than 34%.

TDI market began to continue upward from the two quarter of this year, but the early rise is different in late September the market continued to accelerate upward, or daily up to thousands of yuan / ton, 20 days or up to 150%, compared with the beginning of 11 thousand and 500 tons of high prices rose by 335%. Market analysts believe that the price of TDI quick rise and market supply tension inseparable, at home and abroad continued tight supply, substantial growth in exports, a corresponding Shanghai cosmos BASF main business for the domestic market, the domestic market continued tight tight supply.

But there are also some downstream users accused of domestic TDI production enterprises suspected of malicious uplift rates, and the end of October China plastics processing industry association has put to the government for antitrust investigation.

daily following the end of September to mid October domestic TDI crazy boom, and in October 17th exceeded 50 thousand yuan / ton, in many factors under the market began to gradually return to rational.

With speculation rising factors dissipate, sluggish downstream demand, to discuss the atmosphere light bad surface began to appear.

Although at the beginning of November, and broke the India GNFC company TDI factory leakage of phosgene and caused 4 Dead 8 injured in the accident, but because of the total production capacity of 67 thousand tons / year production facilities before the incident has shut down production capacity of 50 thousand tons / year maintenance, therefore did not impact on the market price is down TDI.

daily “eleven” after the international crude oil prices rebound in the market sentiment, the domestic commodity prices as a whole to rally, which PTA in the national day after the first day of trading climbed, then continue to rebound trend, the spot center is also rising.

Crude oil prices continued to rebound in the unstable foundation

Although the U.S. dollar and the number of drilling for continued growth in oil prices caused by the downward pressure, but the organization of Petroleum Exporting Countries (OPEC) to discuss with Russia on the eve of good news on the limited production possible makes oil prices recently showing concussion.

At present, OPEC production agreement is still facing many obstacles, Russia still actively participate in OPEC to discuss production agreement, but refused to stand in production; Iraq following the earlier question on its yield assessment, and expressed support for the OPEC policy, but do not accept their sacrifice for the premise and on the limited production rules has been reached. OPEC and OPEC and non OPEC on the limited production still has some differences led to limited production prospects remain uncertain. It is expected that the recent oil prices will remain rangebound trend.

This is attributed to China this year to strengthen the management and supply side reforms proposed by the removal of excess capacity of environmental governance, at the same time, there is no significant increase in demand. The enterprise is to deal with environmental protection check device for reducing the operating rate, so that the relevant product market supply reduction, the market supply and demand imbalance, and constitute the chemical trader wantonly speculation rising short-term market false prosperity.

In this environment, by the beginning of September the State Environmental Protection Inspectorate in Shandong province to inspect the environmental problems, as production capacity accounted for about half of the propylene main production provinces, the vast majority of device adopts chlorohydrin technology.

The production technology of serious environmental pollution, the Shandong area of epoxy propane production enterprises collectively reduce the production load, together pull up the market price, also took the opportunity to a rose, is at the downstream market demand season, pull up plenty of power, prices, and when the market demand gradually slowed, prices are falling fast.

1-9 this year, the import volume of 245 thousand and 500 tons, an increase of 49%. from the market supply situation year-on-year, although as of September the total import volume increased, but due to the operation of the domestic part of the new production equipment is not stable, growth of imports increased almost and demand can be offset, the overall supply in 2015 and 2016 the market situation is not so great changes.

In general, for propylene industry, upgrading and transformation of the existing preparation process of epichlorohydrin was the key technology to improve the production process of HPPO domestic independent research and development, in order to meet the development needs of domestic and international market, make the industry more environmentally friendly and safe.

daily recently, epoxy propane market more impetuous, market prices up fast or from the market in September 1st, the average price of 9450 yuan (tonnage, below) rose to 13950 yuan in September 30th, only a month’s time compared to the initial price increase of nearly half.

However, overwhelmed by rising faster, go, as of October 28th, the propylene oxide is also quickly dropped to 9900 yuan, compared to the initial price actually rose only 4.8%. and many products in the ten period of the golden nine silver chemical market will also have the same experience.

The first three quarters of this year’s GDP growth compared with the same period last year, while the international crude oil price is still lower compared to the same period last year, the chemical market is not as usual to follow the price of crude oil fell, but rose contrarian.