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International oil prices jumped 5% chemicals benefit cost push gainers

(OPEC) and OPEC non OPEC countries cut agreement to the crude market point of a fire. Yesterday, the international oil prices jumped 5%, driven by the commodity market to do more popularity, cost benefit gainers promoting chemicals. Insiders said that the short-term crude oil is expected to continue strong, but the chemical industry chain prices could continue to downstream transmission remains to be seen.

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Last week, OPEC agreed from January 1st next year to cut oil production of 1 million 200 thousand barrels / day, the number one exporter Saudi Arabia will cut 486 thousand barrels / day. On Saturday, the non OPEC producers agreed to cut 558 thousand barrels per day, less than 600 thousand barrels per day initially forecast, but it is not the maximum production rate of OPEC producers in history. Affected by this news, Monday day trading session in Asia, international oil prices will go high opened, U.S. crude oil futures prices approaching $55 mark.

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In the past two weeks, OPEC and non OPEC respectively output to reach an agreement, agreed to cut 1 million 200 thousand barrels / day and 558 thousand barrels a day of production; in the current price level, cuts the probability of a large, but as long as the price cuts will only determine the callback. In this case, the crude oil rally established, other negative factors are still difficult to play a role, the United States crude oil production increased, the number of drilling is also accelerated rise, but the increment of the absolute value of pressure on smaller price. From the demand side, the more favorable the cold this winter, heating oil demand.

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Industry speculation rising market offer high polymerization MDI floor high firm blocked

recently, domestic manufacturers listed high polymerization MDI support industry mentality, but the industry speculation rising market offer unrealistically high, the firm level blocked. Today, shippers offer strong wait-and-see market, but the firm talks focus slightly loose.

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Recently, the Southern China area to discuss the market focus of loose aggregate MDI. The current stock market is weak, high turnover is blocked, talks of gravity slightly loose. Wanhua offer 20000-20500 yuan / ton, Shanghai goods offer in 19500-20000 yuan / ton. East China MDI polymerization market narrow down, although the Wanhua and BASF December listing chain increase, but because of high market offer, lower buying conflict, high turnover is blocked.

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Compared with November, Sinopec were raised 1000 yuan / ton; the Wanhua chemical, Huntsman polymerization MDI listing out 20000 yuan / ton, BASF listed on the implementation of 21000 yuan / ton.

The short term, the downstream market demand, a new single turnover of less than, in the listing under the support of domestic MDI market is expected to aggregate narrow range, large stable move.

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The domestic market relatively abundant supply of adipic acid manufacturers inventory reasonable

currently main manufacturers operating rate of adipic acid remained at around 62%, the domestic market relatively abundant supply of adipic acid, manufacturers inventory reasonable.

At present, the domestic market prices continued strong adipic acid, 300 thousand tons of production equipment Haili, increase market supply, other manufacturers are under the current market device is stable, relatively abundant supply of adipic acid; the chain rose sharply, adipic acid manufacturers very price strong intention, downstream user conflict high pick, forced to participate in the rally.

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At present, Shandong supply spot prices in the 9500-9600 yuan / ton, Jiangsu spot price in 9600 yuan / ton, Liaoyang supply cash offer in 9800 yuan / ton. The domestic market by raw materials cost effect is very high, the trading floor atmosphere was active at the beginning of the month, traders more profitable shipments, the continuous increase in the spot price of adipic acid manufacturers, brokers market cautious, cheap sell mentality is heavy, the downstream user takes a wait-and-see attitude to raw material price of adipic acid fast uplink, multi demand procurement.

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In the short term is expected to continue to push up the cost of adipic acid market prices Zhangfuquhuan, overall warmer operation.

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The corn market has rational xylitol market consolidation

at present, the domestic food grade xylitol market has been in a steady light, the market is relatively stable, some enterprises reflect the market for the better, but the price did not make a significant adjustment, the market price remained stable, and individual enterprises to stop bidding.

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At present, the domestic food grade xylitol market remained stable, no significant fluctuations in prices. At present, Shandong Futian pharmaceutical company limited price for 25000 yuan / ton, Zhengzhou Longsheng chemical products Co. Ltd. price for 25000 yuan / ton, Ji’nan healtang biotech Co., Ltd offer 25000 yuan / ton, Jiangxi Zhen ran biotechnology limited company offer 28000 yuan / ton, turnover constant single.

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In the early stage because of poor food overlap to cause the weather and logistics affect the nervous, soaring food prices, the current domestic corn market has to return to reason, and in the northeast corn market volume amplification, to further expand the downstream demand for fear of weakness in the case, the local area prices may continue to decline. At present, the domestic demand of xylitol products in general, goods fair.

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Fasten the seat belt to ensure the oil and gas chemical industry

Vice governor Li Guoliang rate Provincial Work Safety Supervision Bureau, the Provincial Department of industry, Ministry of transportation and other provincial departments to Yangpu, Chengmai, part of the oil and gas chemical enterprises and hazardous chemicals terminal to carry out safety inspections, requirements realistically catch fine job of production safety work, for the oil and gas industry tie belts”.

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The inspection team has arrived in the country voted Vopak oil wharf, Sinopec commercial crude oil reserve depot, Sinopec (Hongkong) oil, Toyama oil and Gas Chemical Co. Ltd., Hainan Shennan oil energy Ltd. and Sinopec Macun oil terminal and the oil depot, on-site inspection visits enterprises the main responsibility for the implementation of the work of production safety measures, and to understand the local government departments and the implementation of production safety work.
“If there is a fire tank foam station” and “the last time you participate in the local government departments and a safety meeting is what time”…… During the inspection, the inspection team to check the series of questions asked in detail about the production enterprise security, enterprise site operation of fire fighting, oil cooling, spray valve and other safety facilities and equipment, and organize relevant experts to conduct field investigations, the problem of combing inspection found, check check leakage, in a timely manner to the enterprises to make corrective feedback.

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Li Guoliang requirements, must implement the enterprise is mainly responsible for the production safety emergency management person of the first responsibility responsibility system; oil and gas chemical enterprises, Sino foreign joint venture, the safety management system to the preparation and implementation of rules and regulations and local convergence; with full-time or part-time personnel for the administration of production safety, the construction of the emergency

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management system specification Yangpu, Chengmai; planning terminals and the East and other places, to improve fire fighting foam station and response system, explore with intelligent fire fighting equipment, regularly carry out emergency drills to improve safety management level and management efficiency of hardware construction. In addition, we should fully learn the lessons of production safety accidents around the size, to regularly assess the safety management of emergency work, so giving top priority to realistically catch fine job, check erroneous ideas at the outset, the work of production safety, do not stay dead.

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