“Fertilizer ‘zero growth’ policy, coupled with the continued downturn in agricultural prices and other factors, a large number of elements of fertilizer demand to enter the growth bottleneck period, potash demand may occur in 2017 stagnation in the crisis to find opportunities.” This is June 27 Beijing held in 2017 China Potash industry high-end summit and market situation analysis will be the message.Stannous Sulphate

According to the China inorganic salt association potassium potash fertilizer industry branch secretary Chen Guofu introduction, with the domestic enterprises to improve production capacity, especially in Qinghai, Xinjiang two potash fertilizer production base leading enterprises leading role, domestic potash self-sufficiency has reached more than 50% , Long-term dependence on the import situation has been a structural change. At present, has formed a large import of potash fertilizer, domestic production for sale, border trade spot transactions tripartite potash consumption trend.

According to statistics, 2017 1 to 4 months, the country’s total imports of pots of fertilizer 3.61 million tons, an increase of 1 million tons over the same period in 2016, an increase of 33.6%. At the same time, the domestic potash production reached 1.988 million tons (pure), an increase of 8.5%, the market supply is sufficient, the country’s largest potash production enterprises to restore full production status, and many small businesses affected by the price downturn, mostly in Discontinued state. On the one hand is the future of international potash production capacity will continue to expand, adequate supply, on the other hand is the domestic potash fertilizer enterprises are facing electricity and natural gas prices, taxes, freight and other rising costs and higher export tariffs and many other adverse factors.Sodium selenite

In this regard, the industry said that potash as scarce resources, lower prices will not only squeeze trade profits, but also affected the normal operation of domestic potash production enterprises, likely to cause downstream demand side mistakenly market. The face of the new situation of agricultural development, how to tap the market potential will be the fertilizer industry can become the reform of this ‘dividend’ share the key. “In Qinghai Salt Lake Industrial Co., Ltd. President Xie Kangmin view, the current domestic part of the potash fertilizer production enterprises in order to achieve the current profit, the completion of business indicators, most of the use of more diversified means to speed up the consumption of resources, he called on the relevant departments Potash industry status, co-ordinate the allocation of resources and the market, as soon as possible domestic potash into the national strategic reserves to ensure that the market supply and potash industry sustainable and healthy development.

Agricultural prices in the doldrums led to weak demand for fertilizer, but SDIC Xinjiang Lop Nur Potash Co., Ltd. Deputy Director of Market Planning Feng Li said that with the increase from eating to eat needs, facilities, agriculture, large-scale cultivation and water and fertilizer integration And the production of high-quality agricultural products to be popular, the proportion of direct application of potassium sulfate fertilizer in the future will gradually increase the demand for fully water-soluble potassium sulfate and granular potassium sulfate will gradually increase in the agricultural supply side of the deepening of the reform background, the future Years of potassium sulfate in the domestic agricultural market will still have a greater demand for space, China’s resource-based potassium sulfate industry opportunities and challenges coexist.

From July 1 onwards, the value-added tax rate of dimethyl ether from the original 13% to 11%. In other words, according to the current market price of 3100 yuan (t price, the same below) calculation, the production cost per ton of dimethyl ether will be reduced by 62 yuan, which has been in the doldrums of the dimethyl ether industry is a good. But the integrated status of dimethyl ether industry, this good enough to make it out of the woods.

“At present, the upstream methanol weak order, the cost of support is weak; downstream by the liquefied petroleum gas market lower impact, poor sales, is expected to decline in the second half of the dimethyl ether difficult to change, dimethyl ether industry struggling.” Fushun Petrochemical Company Dimethyl ether engineer Zhang Pengyu And other market people to judge.

Market confidence frustrated

“This year, the dimethyl ether market on a word: fell, but did not expect this round of the arrival of such anxious, so much, the market mentality once again suppressed.” For the recent round of dimethyl ether plummeted, Liaoning Dimethyl ether dealer Wang Qiang face helpless.

The first half of this year, the dimethyl ether market has been shocks down. From the beginning of the 4000 ~ 4100 yuan, all the way below 3100 yuan, the price fell by a quarter. Moreover, the recent stabilization of dimethyl ether has ushered in a round of shocks, playing business by surprise. On June 13 alone, the average price of dimethyl ether fell 2.2%. At present, the mainstream sales price in Hebei region 3080 ~ 3120 yuan; Henan mainstream transaction price of 3020 ~ 3170 yuan, Shandong mainstream transaction price 3100 ~ 3200 yuan; Shanxi mainstream transaction price 3010 ~ 3110 yuan. At the same time, the early maintenance of Zhangjiagang Jiutai Energy, Texas Shengde source, Kai Yue chemical DME equipment, the market turnover, the market volume increased, so that the already sluggish market again by the impact of market prices continued to fall, pessimism enveloped, the industry generally Confidence in the market outlook, by buying up or not buying mentality, downstream buyers generally on the sidelines, on-demand procurement, and further affect the recent direction of dimethyl ether.

Upstream methanol fell

The upper reaches of methanol is also stumble endlessly, due to early parking maintenance devices have been restarted and new capacity increases, coupled with the general downturn in the general, weak demand, the market supply surplus situation is difficult to change.

“In the absence of obvious positive stimulation, the market is basically in the supply of excess situation.” Zhongyu information analyst Qi Hongfei analysis. This year, the methanol market trend has always been stagnant. June 14, the methanol commodity index was 78.45, down 19.5% from the beginning of the year. Recently, by the impact of lower international oil prices, methanol lost cost support, in the low shock. At the same time, due to the continued release of domestic methanol production capacity, the contradiction of supply surplus is still outstanding. On the other hand, a large number of new production capacity has been put into operation, such as the new Phoenix 200,000 tons / year, Shandong (Figure), the number of new production capacity will be put into operation, Ming water 600,000 tons / year, Hualu Hengsheng 1 million tons / year methanol plant also plans to put into operation recently. In addition, methanol imports have increased expectations, will give the surplus market caused further impact.

At the same time, the main downstream consumer market, methanol generally into the off-season, while the impact of environmental supervision, formaldehyde and other industries to reduce operating rates, enterprises on demand procurement. The largest downstream consumption of methanol, polyolefin industry has entered a centralized maintenance period, the demand is very limited, it is difficult to form a strong support for the methanol market.

At present, dimethyl ether lost the cost of methanol support, manufacturers more homeopathic cut prices to stimulate demand, further exacerbate the market outlook for dimethyl ether.

Low price competition for liquefied petroleum gas

“Recently, by the weak international crude oil situation, the domestic liquefied petroleum gas market continued to slump, around the liquefied petroleum gas prices fell sharply in the dimethyl ether and liquefied petroleum gas prices narrowed the situation, many users turn to the use of liquefied petroleum gas, so that dimethyl Ether market affected. “Zhang Pengyu introduction.

Dimethyl ether itself is oxygen-rich combustion, no residue after burning, is a clean energy, and liquefied petroleum gas have a certain alternative relationship, in recent years gradually into the field of civilian gas. Because of its cost savings than liquefied gas savings of about 10%, so many users take into account the economy and the use of dimethyl ether as fuel. Recently, the domestic liquefied petroleum gas market continued to slump, the price of liquefied petroleum gas around the decline, June 14 liquefied petroleum gas market average price of 3429.41 yuan, down 1.64% from the beginning. As a result, the price difference between the ether from the peak of 2,500 yuan gradually reduced to several hundred dollars, and even individual areas were upside down phenomenon. A large number of users to the procurement of liquefied petroleum gas, the demand for dimethyl ether significantly reduced.

On the whole, the mainstream price of dimethyl ether market with the raw material methanol and liquefied petroleum gas prices fell with the expected obvious, the future or will continue to weak trend, local enterprises bear the cost of pressure or will be down or down production, the dimethyl ether industry The day is still bad.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

“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.

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 ​​Lapu 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,

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/

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 of over 100 million tons

Refineries need to be upgraded from fuel to chemical sodium selenite

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.
http://www.lubonchem.com/