Nickel fell again in April this year, and London nickel fell more than Shanghai nickel, for two consecutive months, among the worst performance in non-ferrous metals, nickel ore supply pressure has risen, in which the Philippines strict environmental policy is difficult Effective implementation and the Indonesian nickel ore export ban part of the release, while tightening global monetary policy, and foreign geopolitical risk rising, but also increase the risk of nickel prices down. Looking ahead May, the above negative factors continue to pressure nickel prices, even if there is technical rebound, highly limited and difficult to continue, it is recommended to maintain every high-altitude ideas.

Sodium molybdate

First, the nickel market down risk

On the details of the macroeconomic fundamentals, you can visit the Shanghai Copper monthly report, not to repeat here, the following nickel market supply and demand fundamentals of the downside risk and upward momentum analysis. Among them, the nickel market, the main downside risk from the middle of refined nickel and nickel pig iron supply is still relatively adequate, while the downstream demand for stainless steel to improve the intensity is limited enough to promote the demand for nickel.

1, LME nickel stocks are still high

As of April 26, LME refined nickel stocks reported 379,338 tons, an increase of 1824 tons at the end of March, the sixth increase in the past seven months, the cumulative increase of 17544 tons, but LME nickel June 4, 2015 record High 470376 tons cut 91038 tons. Excluding other negative factors, the continued increase in nickel-nickel inventories shows that the nickel market is climbing, and the spot premium of Nickel and nickel is still high at $ 50 / tonne, which means that the supply of excess nickel in the nickel market has increased. The price of nickel is suppressed. In view of the current high inventory, this year the nickel market still need to further promote the process of inventory. The reason why the high LME inventory is mainly due to a few years before the market surplus accumulation of invisible inventory due.

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2, China’s nickel iron imports and production both higher

Indonesia’s nickel-iron project has been successfully put into operation in recent years, not only a large number of high-nickel-iron transport to China, but also to improve the domestic iron and steel industry, Business to Indonesia to invest and build the intention and speed. Therefore, one of the main reasons for the weak nickel prices is the market concerns about Indonesia’s new nickel-iron production capacity, from the nickel ore imports from Indonesia, we can see that this concern gradually transferred to the domestic market, the performance of nickel imports from 2015 The amount of sustained rise, partially offset the domestic nickel iron production and nickel ore imports fell. China’s nickel-iron imports in January-March this year, 335367 tons, up 14.8 tons or 75.64%, of which imports from Indonesia’s nickel iron up to 231792 tons, an increase of 106.04%, accounting for 69.1% of total imports, to further consolidate our country The status of the largest source of imports of nickel iron. At the same time, from January to March imports from New Caledonia nickel iron for the 36306 tons, an increase of 46.58%. January-March nickel-iron exports can be negligible. Production, March nickel iron (metal tons) to 36604.55 tons, the chain slightly reduced 1605 tons, an increase of 5376 tons. At the same time, January-March nickel iron (metal tons) for the 110,317 tons, an increase of 29554 tons or 37%, indicating that the domestic iron and steel enterprises to actively increase production.

3, Russian nickel imports continued to decline

In 2016, the net imports of unwrought nickel and alloys totaled 35,400,800 tons, an increase of 9,1205 tons or 22.18% over the same period of last year. The import volume increased by 67,305 tons and the export volume decreased by 23899 tons and the import and export increased rising. But in January-March refined refined nickel and alloy imports of 43,382 tons, up 60.05% year on year, of which refined nickel and alloy imports in March 14,371 tons, down 66.75% year on year, hit the second in March 2015 to the next level The January-March imports of nickel from Russia for 19901 tons, down 73.02% year on year (accounting for 46%), Russia’s refined nickel supply to a certain extent offset the increase in China’s nickel pig iron production to suppress. At the same time on the nickel stocks also increased by nine months. As of April 21 this year, nickel stocks on the period of 83895 tons, slightly increased 414 tons, an increase of 3766 tons, but close to the low level in nearly a year, compared with September 14, 2016 record highs 112078 tons to reduce 28,183 tons, indicating that the domestic refined nickel supply pressure control.

EDTA

Second, up momentum

1, the global nickel market to maintain supply shortages

According to the World Bureau of Metal Statistics (WBMS) data show that in January-February 2017 global nickel market supply shortage of 20,000 tons, 2016 global nickel market supply shortage of 62,000 tons, an annual surplus of 7.35 million tons in 2015. The total refined nickel production in January-February was 272,100 tons, the demand was 292,200 tons, and the global nickel output of the mine was 311,000 tons, up by 0.4 million tons year on year. 2016 nickel ore production was 1,852,700 tons, compared with 2015 to reduce 271,000 tons. But the International Nickel Research Organization published data is relatively pessimistic, the data show that in January and February this year, the global nickel market supply shortage of 5500 tons, nickel city production of 332,300 tons, an increase of 22,000 tons; consumption of 337,800 tons, 37,000 tons. Although the caliber of the two statistics are different, but have conveyed the nickel market in a supply shortage. The organization also expects global nickel demand to increase to 2.11 million tonnes in 2017, up from 2.03 million tonnes in 2016 and nickel production of 2.07 million tonnes, up from 1.99 million tonnes in 2016, resulting in 40,000 tonnes of nickel Supply and demand gap, lower than last December forecast of 66,000 tons, due to nickel production is expected to increase.

2, supply – domestic port nickel ore inventories record record low

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In the context of the decline in imports of nickel ore, the domestic nickel enterprises can only continue to digest the port of nickel ore inventories, resulting in nickel ore stocks continued to decline, repeated record low level. As of April 21, China’s coastal ports of nickel ore inventories fell to 8.51 million tons, compared with the end of March to reduce 600,000 tons, for the sixth consecutive month of decline, down 468 million tons, another record low. January-April domestic port nickel ore inventories fell by 5.26 million tons or 38%, the current in February 2014 hit a record high of 26.13 million tons to reduce 17.62 million tons or 67%.

Third, long and short gradually transformed

1, supply – Philippine nickel ore supply remains uncertain

China’s nickel reserves of 300 million tons, accounting for only 4.05% of the global nickel reserves, but mainly sulfide-type nickel ore, red clay mineral resources is relatively lacking. Each year China needs to import large amounts of laterite nickel ore to develop stainless steel industry. China’s imports of nickel from the Philippines fell 10.95% year-on-year in 2016, but the change was lower than the 20% decline in the Philippine government’s estimate earlier this year. From January to March this year, China’s total imports of nickel ore and concentrate of about 302.6 million tons, down 11.01%, of which imported from the Philippines, about 1.916 million tons of nickel ore (accounting for down to 76.54%), down 20.23% Expanded. In the same period, imports of nickel ore from Australia for 19,159 tons, down 68.53%, accounting for only 0.63%, still difficult to become climate, but 1-3 month imports from New Caledonia nickel ore up to 210,705 tons, By 476.36%, accounting for up to 6.96%. Since March the Philippine Minister of Environmental Protection Lopez’s appointment has not been passed, the Philippine nickel mine strict environmental policy is difficult to implement, in May Congress will re-appointment review. At the same time, with the Philippine nickel ore producing areas Su Ligao end of the annual rainy season (from October each year to the end of the following year for the rainy season), the future of nickel ore imports or an increase. In addition, Indonesia to lift part of the nickel ore export ban will also bring the impact of medium-term nickel prices. January imports of Indonesia from January to March this year, 298466 tons of nickel ore, the import value hit a high point in November 2014, partly to make up for the reduction of the Philippines nickel ore gap, due to the January 12 Indonesia announced the partial cancellation of nickel ore export ban The Indonesian Minister of Energy and Mineral Resources said that under the new regulations, Indonesia’s mining or annual export of 5.2 million tons of nickel ore. Philippine environmental policy can be further clear in May, will be the impact of nickel ore supply is expected to be the key, and the current situation, with the end of the rainy season and the New Caledonia nickel ore follow-up force, nickel ore Supply pressure has risen, as the existence of negative factors.

2, demand – downstream stainless steel production growth continued

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China is the world’s largest native nickel consumer, consumption in 2014 accounted for 50% of the global proportion, followed by the United States. From the domestic terminal demand, the main consumption of nickel concentrated in the stainless steel industry (consumption ratio of up to 66%). While 60% of China’s stainless steel used in the real estate industry. China’s stainless steel crude steel production reached 2493.78 million tons, an increase of up to 15.65%, another record high, imports of stainless steel is expected to 770,000 tons, an increase of 44,000 tons; exports 3.88 million tons, an increase of 464,000 tons; The amount of 18.853 million tons, an increase of 2.5606 million tons, an increase of 15.66%, much higher than the market expected 3-5%. The market is expected to 2017 stainless steel new production of 27 million -28 million tons, which does not contain Indonesia Qingshan Iron and Steel production capacity of 2 million tons, the overall output growth rate or up to 10% or more.

2, demand – March steel industry PMI fell slightly

In March this year, China’s steel industry PMI chain fell slightly 0.8% to 50.6% in February chain rose to 51.4%, the highest in nearly 10 months. In the sub-index, the new order index and the new export order index fell 4.7% and 7.1% to 50.6% and 41.6% respectively. In the same period, Hebei Iron and Steel industry PMI also fell to 48.4% in the past six months, the fifth in the 50-wing line, failed to continue strong performance in February. Although more than 3-4 months to limit the property market to limit the purchase policy, but the policy control there is time lag, and there is no significant cooling, terminal demand in May or is expected to continue to improve. Domestic stainless steel stocks, as of April 10, Foshan, the total stock of stainless steel 142500 tons, the chain decreased by 3510 tons, the current level is still relatively low in history, record low for the year on February 10 hit 88228 tons; Wuxi area in the same period the total stock of stainless steel continued to increase 5359 tons to 250545 tons, a record high.

3, and the real estate control policy upgrade

Stannous Sulfate

60% of China’s stainless steel used in the real estate industry. March home sentiment index rose to 101.13, an increase of 0.37 points, for more than a year to stabilize at 100 on the brink of the line above its record low in July 2015 hit 92.43, showing the real estate market confidence The rise of the corresponding real estate development enterprises intends to expand the housing market investment. January-March national real estate development investment of 1929.2 billion yuan, up 9.1% year on year growth rate, growth rate than in January to 0.2%. January-March housing new construction area of ​​315.6 million square meters, an increase of 11.6%, 1.2% growth rate. At the same time, from January to March the national real estate sales area of ​​29.035 million square meters, an increase of 19.5%, the growth rate of 5.6% decline from January to December. The data show that with the purchase of more than limited control policies to upgrade, fully implement the central “house is used to live,

Rather than speculation “policy, sales growth in real estate has slowed. Looking in May, due to the real estate industry policy and credit policy is still tight, and monetary policy easing has narrowed, the real estate market is still facing adjustment risk, the overall price Growth rate will be down.At the same time, subject to the high real estate market inventory, to inventory is also the housing market theme, while the national property market differentiation situation will continue in March 70 large and medium cities between the housing price differentiation is still continuing.

Four, May nickel price outlook

The second quarter of this year, the global economic downturn is still facing heavy concerns, especially the two rounds of France to bring political instability, and China to strengthen the housing market regulation to bring market fears rise. Monetary policy, the world’s major economies, the gradual rise in inflation, the global loose monetary policy has tightened, the focus should be vigilant in the Federal Reserve in May – June to raise interest rates expected speculation, the Chinese central bank [microblogging] is constantly raised Reverse repo rate and MLF also raise interest rates. In addition, it is necessary to pay attention to the pressure caused by the uncertainty of the Trump policy. The second quarter of non-ferrous metals will continue to be based on their different fundamentals and differentiation trend, the medium-term nickel both the lack of support for the reduction of copper supply, and no aluminum supply side of the expected reform and cost expectations, its performance or continue to weaker Other base metals.

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As for the fundamentals of nickel itself, the supply of raw nickel ore in the upper reaches has improved, especially as the export of nickel ore in the Philippines has increased, and some of the nickel ore has resumed its own production. At the same time, due to the further increase in the import and production of nickel pig iron Increased pressure, especially in the last period and London nickel stocks are at a high level in history, making tight nickel ore to the middle of the process of slow, nickel prices and thus far less performance than other basic metals, May attention continues to decline The nickel price can force companies to increase production efforts. Downstream demand, the steel industry PMI to fall again, resulting in uncertainty in the demand for stainless steel, not enough to make stainless steel production rose sharply, while exports will be foreign anti-dumping countervailing investigation efforts to increase, which will partially limit the nickel price rebound height.

I believe that the nickel price in May is still difficult to see a strong upward momentum, it is difficult to have a decent rise, short factors still prevail, the so-called weak weak, strong Hengqiang, Shanghai nickel can still be effective as one of the short hedge varieties , The operation still need to maintain the oscillation bearish ideas. Shanghai nickel 1709 contract in May running range of 85000-75000 yuan / ton.

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1. Baiyun Obo ore niobium resources
China’s more than 80% of the niobium resources concentrated in Baotou Baiyunebo mine, its low grade (0.12 ~ 0.14%), only the Brazilian niobium grade 1/20. Baotou Baiyun Obo Iron Mine is a unique type of iron ore deposit in China. It is a deposit and hydrothermal metasomatic deposit, which is a large iron and polymetallic complex. The mining area consists of the main, east and west ore bodies, 71 species have been found, 129 kinds of minerals are formed, the main iron ore grade is 36.48%, the rare earth oxide grade is 5.18%, the fluorine grade is 5.95%, the niobium oxidation Grade 0.129%.

EDTA 2Na

The niobium resources of the Baiyun Obbo deposit have the following characteristics:

(1) large reserves. Nb2O5 long-term reserves of 6.6 million t, industrial reserves of 1.57 million t, of which the main ore iron ore body Nb2O5 295,000 t.

(2) widely distributed. The main and east ore iron ore bodies contain niobium, and the ore body to be mined in the west ore also contains niobium. The main and east ore deposits, the eastern contact zone and the western ore dolomite also contain niobium, and the niobium in this part of the surrounding rock High content.

(3) low grade of niobium. The content of w (Nb2O5) is 0.0680% ~ 0.14% in the main ore body and the ore in the East ore body, and 0.20% ~ 0.25% w (Nb2O5) in the ore body of the eastern contact zone.

(4) The size of niobium mineral embedded in each ore section is generally less than 20μm, part of less than 3μm; No. 2 ore body niobium mineral embedded particle size is relatively coarse, generally more than 20μm.

EDTA 4Na

(5) The degree of niobium dispersion is high, about 15% of niobium is the same type or very small inclusions in iron minerals, rare earth minerals and niobium-containing silicate minerals.

(6) There are many kinds of niobium minerals, and the main chemical properties of niobium minerals are different, the difference is large, and the symbiosis between niobium minerals and other minerals is close, and the difference is small, which increases the difficulty of beneficiation The

Niobium as a major resource of Baiyunebo mine, has not yet been well applied to industrial production.

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2. Tantalum and niobium resources
China does not have an independent niobium mine, niobium is often mixed with rare earth and tantalum, difficult to pick difficult to recover, the recovery rate is very low. Jiangxi Yichun tantalum and niobium resources in China and Asia’s largest tantalum and niobium minerals. China’s tantalum and niobium minerals are more than half from Yichun mineral. Some of China’s large or large tantalum and niobium minerals are mostly small, veins scattered, tantalum and niobium mineral embedded grain size is fine, the origin of low grade ore, the state of the poor, large-scale mining of mining less, so the economic resources not much. At the same time, the processing capacity is very large, the selectivity is small, the recovery rate is not high, the recovery period is longer.

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Ethyl 4-chloroacetoacetate is an important pharmaceutical intermediates, is a treatment of cardiovascular and cerebrovascular diseases, high-performance drugs atorvastatin calcium, oxalcitrant intermediates, the drug in the United States several pharmaceutical companies have There is production. Its downstream products are mainly used for the third and fourth generation cephalosporins raw materials, cephalosporins efficacy of penicillin is several times, and the toxicity of the human body is small, development and production prospects are very good.

Cobalt oxide

Ethyl 4-chloroacetoacetate Molecular formula ClCH2COCH2COOC2H5, structural formula as shown below, molecular weight 164.58, at room temperature for the colorless transparent liquid, the density of 1.218g / cm3, the boiling point of 103 ℃.

The domestic demand for ethyl 4-chloroacetoacetate is mainly determined by downstream applications.

As one of the main applications of ethyl 4-chloroacetoacetate, aminotriacetic acid was first synthesized by Alfred Huwiher and Leander Tenud, oxalated with 4-bromoacetoacetate, cyclized and methylated to form ethyl thiophosphate, and then saponified to obtain The For reasons of cost, use ethyl 4-chloroacetoacetate instead of the traditional ethyl 4-bromoacetoacetate.

Potassium monopersulfate

China began in the early 80s of the last century the development of aminotetramine, the earliest began production of sulfamoyl acid manufacturers in Lubon Industry Co.,Ltd, when the market price of aminotetrazine as high as 60 million / ton. At that time the process is relatively cumbersome, raw material costs in 200,000 / ton, but the market demand is only about 3-5 tons. As the market continues to expand, technology is also rising. The original process is a step-by-step reaction, the need to product distillation and purification, not only caused a long process route, and the reaction yield decreased, by switching to a solvent for all reactions, and gradually reduce the cost to about 150,000, the price of the product Also reduced to 300,000 / ton or less.

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China’s corundum manufacturing industry through years of investment, efforts and continuous progress and development, has been in the global trade platform and the world simultaneously, and occupies an important place, which is after the reform and opening up, made important results. China is the world’s largest corundum material production and exporting countries, but not corundum materials industry technology and production technology power, we and the world’s industrialized countries compared to the production technology, processing equipment, research and development capabilities, application areas, product mix, Energy conservation and resource utilization, especially in the field of R & D and application of materials, compared with the international industrialized countries have more than 50 years of the gap, and this backward situation is still in the Continue to intensify.

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(1) corundum production capacity

Production capacity determines the order of the market: China’s current smelting corundum materials, there are 221 enterprises, 348 smelting furnace, the annual production capacity of 4.3 million tons or more, in addition, is currently under construction and prepared to expand the 5000KVA and above corundum Smelting furnace has about 20, the new production capacity of about 25 million tons. China’s current corundum production capacity is now a serious surplus, is the average annual export volume of more than 3 times, excess production capacity of 300 million tons, this statistical data, our practitioners should be how to analyze and how The correct positioning of their own business, is self-evident. We are currently encountered in the dilemma of manufacturing difficulties is quite serious, for many small and medium enterprises will face the test of life and death of enterprises.

Stannous Sulphate

(2) production status

Enterprise production situation is determined by the comprehensive strength of the enterprise: Since the 2009 world economic crisis, more than half of the domestic corundum material production enterprises in the cut-off or semi-cut dormant period, the emergence of this situation is mainly affected by the following aspects of the impact , One is due to the serious impact of corundum material production capacity, and second, the world’s large-scale economic crisis led to reduced market demand, the third is a single product structure, no stable market customer support, four product technology is low, product quality assurance Poor, five is the economic strength of enterprises, anti-market risk ability is weak. Even large-scale backbone corundum material production enterprises, is also facing or encountered a production capacity can not fully play or in a difficult state of difficulties. On the current complex international situation and the global industrial downturn in the situation analysis, it is expected that many companies in the short term is difficult to get rid of this dilemma. As the saying goes, “there are advantages and disadvantages”, our business should be in this special period of well thought out, do business positioning or adjustment, if necessary, cooperation between enterprises and joint stock restructuring, make full use of their own advantages, to overcome difficulties, Make the necessary resources to find other space for their own survival, in order to avoid the brutal competition in the market was eliminated. Such as: passive production as stop production, the limited funds for the necessary resources or raw materials on the reserves, the purchase of corundum processing granulation or to achieve resource exchange and so on.

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1. application
1) sewage purification as a coagulant;
2) The tannery is used as a post-treatment agent for aluminum tanning agents and flakes
3) dye industry as anti-dye agent;
4) paper industry for paper sizing on the dye;
5) The glass industry is used as a coloring agent for yellow glass;
6) medicine for Jian Jian agent;
7) printing and dyeing industry as mordant;
8) is also used for pigments, electroplating, starch and other industrial sectors
9) food grade products for the buffer, leavening agent.

Sodium Molybdate

2. Ammonium aluminium sulfate downstream product analysis
2.1. High purity alumina
High purity alumina powder (purity ≥99.99%) has the incomparable optical, electrical, magnetic, thermal and mechanical properties of ordinary alumina powder. It is widely used in high-tech new materials and modern industry. It is mainly used for: Information industry, high-quality integrated circuit ceramic substrate, green lighting energy-saving lamps with three primary colors phosphor, plasma display material (PDP powder), road traffic and public signs with long afterglow phosphor, light-emitting diode substrate materials, Sodium lamp transparent alumina tube, artificial crystal (laser generator artificial sapphire, ruby), carrier catalyst coating, high-precision grinding materials and artificial joints and bones, infrared absorption and heating powder and some new fluorescent decorative materials and other high-tech New materials in the field of the most critical base material. High purity alumina powder has become an important branch of advanced inorganic nonmetallic materials. It is one of the high-end materials industry with high output, high output value and wide use in the new material industry since the 20th century.

EDTA

The actual market for high-purity alumina powder is very impressive. According to incomplete statistics, the annual demand of high-purity alumina in China has reached 20000-30000 tons, and its products have been continuously expanded with the application field Differentiation, serialization and extension of the development of high-purity alumina market prospects are more promising.

Because of the wide range of applications of high purity alumina, product serialization and extension of space, and other high-tech industries associated with a large degree of its own high-tech, high value-added products, but also a wide range of products , The upgrading of its preparation technology, high-purity alumina manufacturing industry and related industries will have a very significant impact, as modern high-tech new materials in the field of an important direction of development.

2.2. Phase change energy storage materials
Phase change materials (PCMs) refers to the material under certain conditions can be physical state (solid – liquid, liquid – gas, solid – gas, solid – solid, etc.) to change the material to the environment and the system temperature difference, Or light, electric field, magnetic field, chemical energy as the driving force, to achieve the absorption and release of thermal energy function or shape memory recovery function recording function, and in the phase change process, the chemical properties of the same material, the temperature can change slightly. As the energy storage phase change material, it should meet the main conditions are: the appropriate phase transition temperature; large enough phase change enthalpy; stable performance, can be used repeatedly; phase change when the expansion and contraction rate is small; good thermal conductivity, phase Variable speed; phase reversibility is good; subcooling small; raw materials cheaper and so easy.

tert-butanol

The method of sol-gel method was used to prepare high-stability and high-capacity capacitive phase change energy storage materials with ammonium aluminium sulfate, SiCl4 and water as raw materials. Then, the method of replacing the fine aggregate sand with partial deformation energy storage material Preparation of phase change concrete, through the phase change material in the phase change process accompanied by the role of energy storage to slow down the concrete structure of the heating rate, to improve its constitutive relationship, to extend the structure of the fire conditions in the fire resistance limit, so as to escape As well as fire rescue to create more favorable conditions to reduce the number of casualties caused by fire and property damage.

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In the new round of private enterprises to start off the ethane cracking project investment boom, enterprises are also driven by profit and other large-scale implementation of coal chemical and petrochemical olefins project. Asianization is expected to 2021, China’s ethylene production capacity will reach 37 million tons, the equivalent demand will reach 44 million tons, the equivalent gap of about 15 million tons, when the Chinese ethylene market is still a huge gap. With the completion of the proposed project, following coal / methanol to olefins, China’s ethylene market pattern ushered in another giant earthquake.

fertiliser

    In recent years, in a large number of coal / methanol to olefins, propane dehydrogenation propylene, methane dehydrogenation project put into production in the context of China’s propylene production capacity significantly more than ethylene, and China’s ethylene demand and supply and demand gap is much larger than propylene. In 2016, China’s ethylene production was 17.81 million tons, the equivalent gap reached 20 million tons, representing an increase of 155% in 2006. Such a huge supply and demand gap has become one of the main factors in the enterprise favor ethylene project.

    In the new round of private chemical enterprises to set off the ethane cracking ethylene project investment boom, enterprises also due to profit and other large-scale layout of the implementation of coal chemical and traditional petrochemical olefins project. Asian chemical production is expected to 2021 China’s ethylene production capacity will reach 37 million tons, up 87% over 2016, ethylene equivalent demand reached 44 million tons, the equivalent gap of about 15 million tons, ethylene self-sufficiency rate from the current 47% To about 66%, when the ethylene market is still a huge gap.

    In different raw materials and production processes, ethylene production there is a big difference. Ethylene as raw material, the highest yield of ethylene cracking, while by-product of a large number of hydrogen; methanol as raw materials, MTO line obtained by the yield of ethylene and propylene and the higher than the traditional petrochemical route, propylene and ethylene production The ratio of up to 1.8; naphtha, gasoline and other raw materials for the production of ethylene is not high yield, but the by-product is more abundant.

    As we all know, the success of the United States shale gas revolution boosted the country’s natural gas condensate production growth. Ethane as the most concentrated component of the condensate, the output growth is very strong. In 2016, US ethanol production was 460 million barrels, or 23 million tons, up 11.2 percent from 2015. With the growth of shale gas production, it is expected that by 2020, US ethanol production will double to 900 million barrels (45 million tons).

water treatment chemicals

    The United States has three years of net exports of ethane, 2016 exports reached 34.27 million barrels (about 1.7 million tons). It is expected that the amount of exports available for 2020 will reach about 10 million tons, and there will still be some margin for export to Canada and other parts of the world, including Canada, Western Europe and India. And supporting the export terminal, large-scale ethylene transport ship construction, will provide protection.

    Unlike propane, more than 99% of US ethane is extracted from natural gas, and ethane prices fluctuate substantially in line with natural gas. Oversupply situation led to the US natural gas prices hovering low, but also makes the ethane prices continue to decline, and long-term low, the United States ethane cracking olefin cost advantage highlights. Even in the current low price of China’s coal and the international oil prices in the case of low, ethane cracking is quite cost-competitive olefin production line.

    Asian chemical statistics show that China has included the layout and is carrying out pre-argument ethane cracking ethylene project more than 10, ethylene capacity of more than 650,000 tons and million tons. According to the project progress and planning, there will be 2-3 Ethylene Cracking Ethylene Project put into operation by 2020. Part of the project plans to purchase domestic refinery ethane / propane resources, while the purchase of US imports of ethane way to achieve the diversification of raw materials. With the completion of the proposed project, following coal / methanol to olefins, China’s ethylene market pattern ushered in another giant earthquake.

fertilizer

    Ethylene cracking ethylene is a mature technology, with low cost, high yield, small pollution and so on. Ethane can be used as an alternative to naphtha cracker raw materials to meet the new ethane cracking project raw material requirements. Following the large-scale export of propane gas in the United States for the coastal area of ​​propane dehydrogenation project, the United States of America Ethane far across the ocean came to China, once again for China’s olefins and petrochemical raw materials to bring innovation and change is expected Step into reality.

    At present, for the vast majority of companies that are conducting ethane cracking projects, there is a general concern about the future changes in ethane prices, raw material assurance and other issues that may lead to uncontrollable project costs and the stability of the plant. (2) moderate control of the scale of the project, the source of raw materials diversification; 3. increase the storage capacity, the quality of raw materials, the supply of raw materials, Or warehousing services outsourcing; 4 with a strong joint venture construction projects.

April 19 trimethylamine hydrochloride commodity index was 94.44, unchanged from yesterday, the highest point within the cycle 104.38 points (2014-02-20) fell 9.52%, compared with 2016 on March 20 the lowest point 81.18 points rose 16.33%. (Note: cycle refers to 2011-09-01 so far)

[comment] October 14th Gaede chemical network chemical manufacturers domestic mainstream hydrochloride offer temporary stability, East China market volatility is not Shandong area of hydrochloric acid, acid synthesis factory mainstream 180-300 yuan / ton; Northeast synthetic acid high sale, mainstream factory price of 600 yuan / ton; East China downstream acid consumption enterprises demand weak bias, tomorrow is expected to market with hydrochloric acid stability oriented.
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In August 30th, the Ministry of environmental protection issued 5 new standards for pollutant emissions, including the General Administration of quality supervision, together with the release of the “caustic soda, PVC industrial pollutants emission standards”. Ministry of Environmental Protection Technology Standards Department Director Zou Shoumin said that the implementation of the new standards, the domestic chlor alkali enterprises to meet the requirements, the total investment in sewage treatment facilities of about 2 billion 200 million yuan, annual operating costs of about 400 million yuan, accounting for 0.8% of production costs; in the exhaust gas treatment facilities on a total investment of about 2 billion 400 million yuan, annual operating costs of about 200 million yuan, accounting for 0.4% of production costs, will be within a certain period so that the cost of production industry rise.

It is understood that the new standards to increase air pollutant emissions control requirements, adjust the water pollutant emission control projects, and tighten the relevant control requirements, the abolition of the management of sewage by the direction of grading. The implementation of the new standard is expected after the wastewater COD, BOD five, total mercury and vinyl chloride emission compared with the implementation of existing standards, respectively, 67%, 67% and 77% reduction 87%; exhaust particulate, vinyl chloride, non methane total hydrocarbon emissions and the implementation of the existing standards, respectively, by 51% 72%, 58%.http://www.lubonchem.com