September 14 LME zinc prices fell

September 14 London Metal Exchange (LME) copper fell to four weeks on Thursday low, before some of China’s data is less than expected, directed at the world’s largest copper consumer demand is slowing. Three-month zinc fell 0.6 percent at $ 3,005 a tonne.

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Data show that China’s investment, industrial production and retail sales growth slower than expected, but housing sales and housing starts rebound, may make China’s overall economic growth remained relatively strong, and to achieve growth targets.

China’s non-ferrous metal production, including copper, aluminum, lead, zinc and nickel, fell to a one-year low in August, reflecting the Chinese government’s environmental governance action limiting the supply of base metals.

September 14 zinc (market) commodity index was 144.91, down 1.48 points from the previous day, compared with the highest point of 155.02 points (2017-08-21) fell 6.52%, compared with November 22, 2015 the lowest point 72.28 Point rose 100.48%. (Note: cycle refers to 2011-09-01 so far).

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Asian caprolactam market rose this week (9.8-9.15)

As of September 15, 2017 (Friday), due to the raw material cyclohexanone cargo price Yang, resulting in rising caprolactam production costs, this week, 4 caprolactam outer disk rose 60 US dollars / ton, the Far East price of 1760 US dollars / ton (CIF), Southeast Asia price of 1780 yuan / ton. Today, Sinopec caprolactam listing price increased by 300 yuan / ton, with the downstream P demand improved, the domestic caprolactam inventory gradually digested, the formation of support for the import price.

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Styrene market soaring, corporate profits “burst”

In recent weeks, East China Styrene market, “a soaring”, set a continuous pull up 11 trading days record, the highest turnover in East China to 11800 -11850 yuan / ton, higher than the previous round of up to 2600 yuan / ton

In the first half of the year, the profitability of styrene enterprises fluctuated significantly. In early February, it hit the highest level of profit in the first half of the year, once approaching 1,500 yuan / ton, but then sharply shrunk, even in the second half of April to the second half of May For a month-long loss situation, the maximum loss of up to 500 yuan / ton as much. Since June, the styrene companies to maintain a high level of profitability. Especially in the end of August in early September, corporate profits have recently exceeded 2,500 yuan / ton, the second half of 2013 since the highest profit period.

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