September 7 European p-xylene market closing price fell 10 US dollars / ton, closing price of 787-789 US dollars / ton FOB Rotterdam.

September 7 US p-xylene market closing price stable, closing price of 780-790 US dollars / ton FOB US Harbor

September 7, the United States WTI crude oil futures fell in October, to $ 49.09 / barrel, down $ 0.07. Brent crude futures rose in November, reported 54.49 US dollars / barrel, or 0.29 US dollars.

September 7, the European ethylene market closing prices rose, FD Northwest Europe prices rose 0.5 euros / ton to close at 995-999 euros / ton; CIF Northwest Europe prices rose 8 US dollars / ton to close at 1184-1189 US dollars / ton

September 7, the US styrene market FOB US Gulf stable at 60.5-61 cents / lb, equivalent to 1331-1342 US dollars / ton.

September 7, the European styrene market FOB fell 2 US dollars / ton, ARA reported 1469-1470 US dollars / ton.

September 7, the Asian styrene market closed both down 6 US dollars / ton, FOB Korea to close at 1383-1384 US dollars / ton, CFR China to close at 1410-1411 US dollars / ton.

September 7, the Asian region p-xylene market closing price rose 1.5 US dollars / ton, the closing price of 825-827 US dollars / ton FOB Korea and 843-845 US dollars / ton CFR China.

As of September 8, butadiene FOB Rotterdam spot 1028.00-1032.00 US dollars / ton; butadiene FD Northwest Europe spot 845.00-849.00 euros / ton.

Recently, the European Chemical Industry Council (CEFIC) released business survey data, the data show that European chemical manufacturers continue to improve confidence, 2017 second quarter than the same quarter chemical situation is more favorable. The outlook for the next few months is moving in a positive direction: the total amount of chemicals and the expected increase in employment in the coming months, chemical industry confidence for the fifth consecutive quarter of an upward trend, higher than the long-term average.

In the first half of 2017, the EU chemical product production increased significantly. Compared with the same period last year, the EU chemical production in the first half of this year increased by 3.1%. But overall or lower than the level before the financial crisis.

Most of the chemical industry’s output has increased, with crop protection, basic inorganic, polymer and chemical consumer segments growing significantly. The registration of specialty chemicals remains relatively modest.

CEFIC noted that the price of chemicals rose by 5.7% in the first half of this year. In addition, the higher market volume and production price index positive trend further led to higher product prices.

In the first five months of this year, the EU’s overall sales (regional + exports) reached 219.2 billion euros, compared with 201.3 billion euros last year, an increase of 8%

EU single market domestic sales rose 15% to 136.3 billion euros, an increase of 21.4 billion euros over the same period last year.

In the first five months, the total consumption of EU chemicals (in the region + imports) also reached 30.3 billion euros, an increase of 8.9% over the same period last year.

According to the European Commission’s commercial survey, the second quarter of 2017, the EU chemical industry capacity utilization reached 84.1%, the fifth consecutive quarter showed an upward trend.

The survey also shows that the confidence of EU chemical producers is continuing to improve. The report said, “compared with the first quarter, the second quarter of this year has become more favorable.