Monthly Archives: June 2017

Pesticide encounter sales off-season, the price of mainstream varieties fell

Pesticides are an indispensable part of summer farming, but the recent pesticide market has entered the off-season, the market, the price of seeds and fertilizers all began to rise, except for the general decline in pesticide prices.

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When the summer season, pesticide prices do not rise or fall

“Such as herbicides, the previous prices are in the 3 yuan per bottle or so, but this year down, only 2.5 yuan.” Salesman Yang Fan said that the recent mainstream varieties of pesticides prices are not up or down the phenomenon, such as grass Phosphine, imidacloprid, fungicides, etc., are in a stable trend.

Analysis pointed out that although the summer season is now, but in fact the pesticide market sales off-season. Because the early inventory is still more, now in the supply of slightly larger than the demand for the state. First, pre-supply more foot, the second is now demand orders down, the accumulation of inventory increased. From May demand has begun to weaken, and now the demand is already low.

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Demand in the off-season, the price is expected to rise late

The past two years, the scale of agricultural cultivation and agricultural planting structure adjustment, making the pesticide market more and more sluggish. Yang Fan said that the first farmer is less farming, leading to fewer customers to buy pesticides. In addition, the development of green agriculture, but also makes the use of pesticides less and less. “Now because the government to vigorously promote the scale of planting changes, the use of relatively few farmers, so that planting less, buy pesticides are also less.” Similarly, pesticide vendor Feng Sheng also said that because of fear of losing customers, now , Even if the purchase price of pesticides have risen, their retail price did not dare to mention up.

Is expected from the end of August, the downstream enterprises began to replenish orders, this time there is a slow demand, and if the demand pick up, the price may rise.

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Domestic acrylic and SAP market usher in new opportunities

Domestic acrylic production capacity after a few years after the rapid expansion of the 2016 began to fall phenomenon, then no new capacity put into operation, and Beijing Oriental (80,000 tons / year), and the Group (40,000 tons / year), Jilin Petrochemical (35,000 tons / year), Shenyang wax (80,000 tons / year) and other devices in the long-term parking idle state. According to statistics, as of the end of December 2016, the domestic acrylic (crude acrylic acid, the same below) the effective production capacity of 2.9 million tons / year or so, compared to 2015 reduced by 300,000 tons / year or so. The industry capacity utilization rate of a serious decline in 2016 operating rate remained at only about 50% level.

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Acrylic demand from the point of view, the downstream three major applications in 2016 are showing a trend towards a better. (SAP) is subject to the aging of the domestic population and the impact of the second child policy, the demand for diaper stably increased; the use of water-based paint in the increasingly stringent environmental requirements, there is a gradual replacement of solvent-based paint trends; Adhesives in terms of benefits in recent years, the rapid growth of the express delivery industry brought about the demand for tape. It can be said that the demand for acrylic downstream is still steady development, but the upstream capacity expansion rate far exceeds the demand.

As the most promising downstream of the future of acrylic SAP industry, the prospects continue to improve. From the global point of view, about 51% of acrylic acid is used in the production of acrylic acid esters, 33% for high-purity acrylic acid (raw materials for SAP production), compared to 65% of domestic use for acrylic acid, high purity acrylic acid only 20% SAP’s development has the potential to be tapped. According to statistics, as of the end of 2016, the global SAP production capacity of about 3.8 million tons, the main capacity in the Japanese catalyst, BASF, Germany Evonik and Japan’s three major transnational large companies in the hands of the four total production capacity of the world The total capacity of more than 50%, capacity scale, concentration and technology have obvious advantages. In contrast, the domestic side of the plan to the sole proprietorship or joint venture company’s production capacity is only about half of the production enterprises have dozens of small industry, scattered, relatively backward technology situation at a glance.

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SAP’s main downstream applications include absorbent hygiene products, agricultural and industrial use, health supplies are the main driving force of the SAP market, including baby diapers, adult incontinence, female sanitary napkins. China has about 87% of SAP for the production of absorbent hygiene products, of which baby diapers for the largest consumer areas, consuming about 67% of the SAP. The most important areas are often well-known international super absorbent resin production enterprises occupy the domestic new brands want to enter, can be described as difficult.

China’s absorption of health care products market to maintain the growth momentum, especially baby diapers and adult incontinence products. However, compared with the world level, the proportion of Chinese baby diapers and adult incontinence products is still small, in the two children policy liberalization, the aging of the population under the stimulation of the above two huge growth potential. With the population growth, people’s income level, the consumption of these products will continue to expand.

At present, China’s SAP industry is full of challenges, this is due to foreign well-known brands of high water absorbent resin supply influx, leading to the domestic market as a whole is extremely competitive. On the other hand, due to the domestic acrylic market presents a situation of excess capacity, so many acrylic production enterprises began to extend the downstream high absorbent resin industry, the domestic super absorbent resin market, the growing number of emerging brands, the market price showed a low Trend.

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In 2017, SAP industry ushered in some new opportunities: First of all, China has increased the import tariffs on SAP products, and further enhance our domestic SAP brand market share; Secondly, many domestic SAP manufacturers in 2017 launched a new Products, with the improvement of product quality, more and more domestic domestic SAP brand into the well-known downstream enterprises at home and abroad. In addition, in April 2017, the China Petroleum and Chemical Industry Association Chemical New Materials Committee of Super Absorbent Resin (SAP) Working Group set up the first session of the General Assembly and the first high-absorbent resin industry development meeting held in Dalian City, the meeting And adopted the SAP Working Group regulations and organizational structure.

With the integration of acrylic and SAP industry continues to advance, the industry scale and technical level is also growing, excess capacity and market demand between the contradictions to further improve, I believe the acrylic and SAP industry will usher in a new development opportunities.

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India review the anti-dumping for soda ash

India’s Ministry of Commerce and Industry anti-dumping Bureau issued a notice on June 16, said its domestic industry applications, decided to China, the European Union, Kenya, Pakistan, Iran, Ukraine and the United States imports of soda ash initiated anti-dumping sunset review.

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The survey is mainly related to the Indian Customs 283620 under the heading of the product, the investigation period from April 2016 to March 2017. Stakeholders may submit information to the Indian investigating authorities within 40 days from the date of filing.

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Indonesia’s nickel smelter stopped operating because prices fell

An industry association executive said on Monday that about 12 new nickel smelters had ceased to operate in Indonesia, while other smelters were losing their jobs.

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Jonatan Handojo, vice chairman of the Indonesian Smelter Association, said the thirteen smelters were “forced to stop production, as nickel prices fell to about $ 8,000 per tonne.” The thirteen smelters produced a total of 750,000 tonnes of nickel pig iron.

London Metal Exchange (LME) three-month nickel once hit a one-year low of $ 8,680 a tonne, which has fallen more than 10% this year.

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Handojo added that in Indonesia, there are 12 other nickel smelters that can continue to produce, but they have suffered losses.

Indonesia introduced a policy in 2014 to limit the export of nickel ore, thus helping the construction of new smelters. That year, nickel hit a record high of $ 21,625 per tonne. The country at the beginning of this year canceled these provisions, allowing the export of nickel ore and bauxite in some cases.

Indonesian state miner Aneka Tambang resumed nickel ore exports last month.

Philippine and Indonesia’s nickel ore supply increased expectations, has been to make refined nickel prices under pressure.

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In the world’s largest nickel supplier – the Philippines’ nickel ore production fell 51% in the first quarter, affected by the rain and the former environmental minister Regina Lopez ordered the suspension of mine operations.

But Lopez was removed from the legislators in May, and the successor of President Rodrige Duterte was welcomed by the miners. The country’s finance minister, Carlos Dominguez, has pledged to investors that they will no longer be able to shut down the mining operations.

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Russia claims to find large oil deposits in the Arctic

According to the Russian satellite network on June 19 reported that the Russian oil company (Rosneft) experts in the La Putufi sea Hartanga Bay continental shelf drilling a exploration wells, found that the earth is full of oil.

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Russian Minister of Environment and Natural Resources Sergei East Scoye said on June 18 that the oil field discovered by state-owned natural gas company Rosneft could be the largest oil and gas field on the continental shelf.

Earlier in the day, Rosneft said in a statement that the company had believed that they had discovered a fairly large new offshore oil field in the eastern part of the Arctic Ocean after the development of the approved Hartan block.

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“I would like to extend my heartfelt congratulations to my colleagues that we can say that the oil field is very large and may be the largest oil field on the continental shelf,” he said in his social networking site Facebook.

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Reported that in November 2015, Rosneft was allowed to carry out oil and gas development near the waters of Hatanga. In early April 2017, the company began drilling a drilling called “Central Olginskaya-1″.

The authorized development area is located at Khatangsky Bay on the sea of ‚Äč‚ÄčLapu Pfeiffer in the north of the Krasnoyarsk region. The area is very broad, about 17,217 square kilometers. Rosneft has 28 approved development sites on the bottom of the Arctic Ocean, with reserves of 34 billion tons of oil.

Since 2012, Rosneft has invested 100 billion rubles (about $ 11.8 billion) in the development of the Arctic Ocean,

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IEA: Global oil supply surplus will not ease in 2017

International Energy Agency (IEA) said on Wednesday that the global oil supply surplus situation will continue until the end of 2017. At present, the Organization of the Petroleum Exporting Countries (OPEC: OPEC) to limit oil production efforts in the United States.

The IEA said in its much-paid monthly oil market report that crude oil inventories in industrialized countries increased by 1,860 million barrels in April. IEA said crude oil inventories in these countries were 292 million barrels higher than the average for the past five years. The IEA is the body that advises governments on energy trends. The level of crude oil inventories is an indicator of excess oil supply in the oil market. Sodium Molybdate

The above high level of inventory shows that global oil supply is larger than consumption, which drags crude oil prices lower than the level of OPEC oil production. OPEC, which consists of 14 countries, controls about 40% of the world’s crude oil production.

OPEC had previously cooperated with another 10 non-OPEC oil-producing countries and hoped that by March 2018, measures would be taken to limit its production to about 180 million barrels in October 2016.

However, the IEA said that the reduction schedule to spend more time than expected, to some extent because the US oil producers this year, the rapid resumption of production. IEA said the US crude oil supply is expected to grow 43 million barrels / day this year, 2018 will grow 78 million barrels / day.

IEA said that this is the vitality of this extraordinary, diversified industry, the US supply growth may be more rapid.Chitosan oligosaccharide

If the current trend is maintained, oil inventories will begin to decline this year, but will not fall to a five-year average until the March 2018 cut-off agreement expires, and the five-year average is an important goal for OPEC.

IEA said that they often say, want to see the oil market to achieve a balance of people to be patient.

IEA said that although oil prices at a relatively low level, but the oil production is still at a low level.

It is expected that oil production this year outside OPEC will increase by 70 million barrels and 2018 barrels in 2018, slightly higher than expected global demand growth. Only last month, due to OPEC and non-OPEC countries have increased production, the global oil supply increased by 58.5 million barrels / day. http://www.lubonchem.com/

GLO: crude oil inventories will accelerate in the second half of 2017

British Petroleum (BP) chief economist Spencer Dale on Tuesday (June 13) in London, said on a one-day basis, the supply and demand of crude oil market by the end of 2016 has reached a balance, consumption growth faster than the supply is expected in the second half of 2017 Crude oil inventories will accelerate decline. Gamma-PGA (gamma polyglutamic acid)

5 months OPEC and non-OPEC oil producers in Russia have announced that the cut-off agreement extended to March 2018 has been extended to March 2018. Saudi Energy Minister Khalid Al-Falih also pointed out that the stock will be a global decline, and in the next 3-4 months to accelerate the decline in the end of 2017 by the end of the year to reach the five-year historical average of OPEC goal.

Although the OPEC monthly report showed May output rebounded, but the dollar weakened and the market expected US crude oil inventories will be recorded last week, is still to provide effective support for oil prices.Bacillus thuringiensis

“The current crude oil price is unsustainable because the largest producer of crude oil still has a large fiscal deficit,” Dale said. “OPEC can respond to a temporary impact on the market rather than a structural shock.”

He also stressed that the US shale oil production has been tough, any attempt to completely suppress the US shale oil initiatives “are meaningless.” Due to the United States shale and OPEC crude oil supply tough, is expected in the next three years will not be a shortage of supply situation.

BP expects the future of crude oil, natural gas will be sufficient supply. The next 20 years, crude oil demand growth will slow down, but before that, demand is unlikely to peak. http://www.lubonchem.com/

China’s oil refining capacity is surplus by 100 million tons, the petrochemical industry is expected to maintain 4% -5% growth rate

China ‘s oil refining capacity is surplus of over 100 million tons

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At present, China’s oil refining industry overcapacity problems, some production capacity is facing exit or transition options. Recently held in Shanghai, China’s third session of the Forum on Sustainable Development of Petroleum and Chemical, experts believe that China’s oil demand growth slowed significantly, but aromatic and olefins and other basic organic chemical raw materials are still a large shortage of oil companies called for “fuel Type “to” chemical “transformation and upgrading.

Petroleum and Chemical Industry Planning Institute Vice President Bai Yi said that in accordance with the global refining business average operating rate of 83%, China’s refining capacity over 100 million tons; if China’s annual refined oil consumption of 315 million tons, 65% of the finished oil Rate and 80% of the operating rate calculation, the rational allocation of refining capacity of 610 million tons per year. At present, China’s existing refining capacity of 748 million tons per year, an annual surplus of 138 million tons. At present, China’s refining industry overcapacity rate of about 13% to 18%.Stannous sulphate

Taking into account the future of domestic economic growth rate, car ownership, natural gas and electric vehicle replacement and other factors, is expected in 2020 domestic demand for refined oil 370 million tons, an average annual growth rate of about 3.5%, according to 65% of refined oil Yield and 80% of the operating rate calculation, when the rational allocation of refining capacity should be 710 million tons per year, is expected in 2020 the national refining capacity of 820 million tons per year, when the excess capacity will remain at 110 million tons, the excess situation is still grim.

With the recent years, China’s crude oil imports “two rights” on the non-state oil refining enterprises gradually open, local refining capacity to be further released. As of the end of 2016, the state of 22 local refineries issued 8193 million tons of crude oil use quota, the local refinery operating rate rising. The trend of diversification of competition in the oil refining market is more obvious. At the same time, with the domestic refined oil pricing mechanism continues to improve, the oil market process gradually accelerated, local refineries with the price advantage and the flexibility of its business, multi-directional expansion of oil sales channels, refined oil market share steadily, Refinery in the impact of this share continue to decline, the domestic refined oil market competition is more intense.Bacillus thuringiensis

On the one hand, oil refining capacity has been expanding, on the other hand, China’s refined oil demand growth has gradually slowed down. China’s refined oil consumption in 2816 28.98 million tons, an increase of 5.0%, of which gasoline rose 12.3%, diesel fell 1.2%.

The development of alternative fuels will intensify competition in the domestic refined oil market. In recent years, the rapid development of alternative fuels, domestic transport alternative presents a diversified trend, and gradually formed a natural gas-based, electric vehicles, methanol, bio-fuels and coal oil and other energy development pattern. Although the new energy vehicle subsidies continue to recede, but the concept of low-carbon environmental protection and technological performance continues to make new energy vehicles are still full of charm.Sodium Molybdate

Independent new energy vehicles brand cloud of new energy vehicles, general manager of Liu Xinwen optimistic about the prospects for new energy vehicles. He said that the new energy vehicles have been deeply integrated into people’s daily lives. From a technical perspective, this is a new area, China’s own electric vehicle technology and international traditional car prices are not much difference, not afraid of international competition.

Experts believe that in the domestic refining capacity of a serious surplus, refined oil demand growth slowed sharply, but aromatics and olefins and other basic organic chemical raw materials are still a large number of shortages in the context of China’s oil refineries from the “fuel” to “chemical” transformation and upgrading Is the trend of the trend.

Bai Yi is expected to maintain long-term international oil prices in the $ 50 to $ 60 a barrel between the expected “13th Five-Year” period of China’s petrochemical industry to maintain the growth rate of 4% to 5%, and to speed up structural adjustment.Gamma-PGA (gamma polyglutamic acid)

“The current capacity of pure oil refining capacity must be cautious.” Bai Yi said that the current trend of China’s petrochemical industry, industrial restructuring trend is long-term, but also urgent, is expected in the “three five” during the adjustment will further accelerate the pace. In the future, the task of the oil refining industry will gradually shift from large-scale production of refined oil to meet the market demand for high-quality clean oil at the same time, as much as possible to increase the proportion of basic chemical raw materials such as olefins and aromatics, that downstream high-end new materials, special chemicals and Fine chemical industry development to provide more high-quality raw material security, so as to further expand the development of refining industry space, and promote the industry’s quality and efficiency and transformation and upgrading.

Experts also proposed to strengthen China’s new chemical materials and high-end special chemicals R & D and production. Bai Yi said that the development direction of high-end specialty chemicals is high performance and environmental protection. High-end specialty chemicals account for about 30% of the total amount of specialty chemicals, of which about 1/3 of imports.
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Middle East the diplomatic relations event did not cause oil prices skyrocketed, analysts said crude oil trend difficult to change

Yesterday, Bahrain, Saudi Arabia, Egypt and other countries have announced severance with Qatar, triggering investors on the crude oil market and OPEC production agreement concerns.

After breaking the news announcement, due to concerns about the international oil market volatility, oil prices appear short-term rise. But the market calm, oil prices fell. Crude oil prices also stimulated the petrochemical products up, the domestic asphalt, PTA (4772, 10.00, 0.21%) futures afternoon opening were slightly higher. However, both the crude oil, or PTA and other downstream chemicals, volatility is still within the normal range, Qatar off the event on the disk of the direct impact is relatively limited.Sodium Molybdate

Oil prices did not skyrocket

“The severance incident itself is a geopolitical factor, and the above countries are the Middle East oil-producing countries, which may lead to market concerns about changes in OPEC commitment to change.” An Xunsi crude oil researcher Li Li pointed out that the current crude oil prices in the shock interval The operation of the event, the impact of the event still need to observe whether there is an expansion of the trend, the short-term market is still based on news fried.

Russian Permanent Representative to Vienna International Organization Voron Kofu said that the situation caused by many countries with the Qatar interchange should not affect OPEC and non-OPEC national oil reduction agreement. “As for the agreement, this document is not political but economic tendencies, so I do not think it will have a certain impact on the implementation of the agreement.This is a multilateral agreement, and not all countries are separated from Qatar, I think, will not What ‘s the big change.

Zhuo record information analyst Zhu Guangming that Qatar’s crude oil production and production share is very small, and the key contradiction is not around the start of crude oil, the market is not worried about long, the oil market will not be a big fluctuation, at this stage The trend of crude oil will not change.

Zhu Guangming that Qatar’s share of production is small. Qatar’s production share of 30,000 barrels / day, compared to OPEC countries cut 1.2 million barrels / day, can be said to contribute little. Even if Qatar unilaterally torn down the production agreement, the impact on the oil market will not be reflected in the output, but more to other countries to comply with the contract to reduce the degree and confidence greatly reduced the uncertainty of the market. And this result is now unlikely to appear, because OPEC cut the country has the same goal – to reduce production down stocks, boost oil prices.Bacillus thuringiensis

US oil wells are the key

Some analysts have pointed out that in the history of the Middle East, breaking the incident is not uncommon, can not lift the big waves, because the Saudi government often engage in diplomatic “big move” out. Last year, in the process of achieving a cut-off agreement, Saudi Arabia and Iran broke down because of conflicts of interest. Crude oil production in these two countries ranks first and third in OPEC countries. While the oil prices at the time although there was a certain fluctuation, but did not have a long-term impact on oil prices. The two countries then shook hands and jointly promoted the achievement of the cut-off agreement.Chitosan oligosaccharide

The industry said the current decision to oil prices more important factors in the United States, rather than the Middle East. Trump Announces US Exit from the Paris Agreement The market is concerned that US crude oil production may grow faster than it is now. At present, the US energy companies for the 20th consecutive week to increase the number of active rigs, shale oil wells rapid growth so that oil prices rose space is locked. Oil service company Baker Hughes on Friday released the report shows that as of June 2 the week, the US active oil rig increased by 11 to 733, the most in April 2015. This is more than twice the same period last year, when the number of active rigs was only 325.

It is noteworthy that, with the number of oil drilling rigs up, US oil production rose nearly 10% over the same period last year. As of May 26 the week, the US EIA oil production increased by 2.2 million barrels / day to 934.2 million barrels of 21-month high, repeatedly refresh the output since August 2015 record, with the peak 960 million barrels / day gap Less than 3%. Consultants Rystad Energy cited oil production changes lagging behind the history of the number of rigs, saying that the end of this year’s US oil production will be on the 10 million barrels / day mark, approaching Saudi Arabia and Russia’s daily output.http://www.lubonchem.com

January to April, 2017 China’s paint industry import and export double increase

General Administration of Customs data show that in 2017 from January to April, China’s paint industry, the total import and export of 482 million US dollars, an increase of 4.31%.Gamma-PGA (gamma polyglutamic acid)

Among them, the total imports of 52,900 tons, an increase of 5.33%, total imports of 285 million US dollars, an increase of 3.96%; total exports of 59,900 tons, an increase of 14.06%, the total export value of 197 million US dollars, An increase of 4.81%.http://www.lubonchem.com/