chemical industry rose 0.48% last week. The six SWS secondary chemical industry, petroleum chemical industry or the top, up 2.46%. The rubber industry topped decline, down 0.80%. Three in the chemical industry, synthetic leather, chemical phosphorus and phosphate, viscose xng, rose 13.63%, 8.10%, 4.40%; black paint, ink manufacturing and other fiber plate decreases, down 3.79%, 2.21%, 1.90% respectively.
| Sulfamic acid |
Industry view: continued tightening of Shijiazhuang environmental protection and forced to shut down on the local chemical enterprises, making the supply and demand pattern fine differentiation industry sub sectors to accelerate improvement. Glufosinate, according to the new Austrian shares announcement, a subsidiary of pesticide (Weiyuan biochemical, glufosinate capacity of 1000 tons / year) production, and we expect the larger Shijiazhuang richeschem chemical production possibility also follow. This means that nearly 3000 tons of production capacity glufosinate industry shut down, about 20% of total industry, increase the supply and demand tension. Therefore, glufosinate market price has risen to 13.8 last week million yuan / ton, the mainstream transaction price rose to 130 thousand yuan / ton, extended gains favorable to the lier chemical. Other sub sectors such as glyphosate, has also been driven by rising and tightening capacity of glycine, country shares, Xin’an shares, Hing Fat Group become subject to benefit.
| Sulfamic acid 99.80% |