August 18, the Asian styrene market closed down 4 US dollars / ton, FOB Korea received 1171-1172 US dollars / ton, CFR China received 1198-1199 US dollars / ton.

August 18 CFR China ethylene glycol offer raised to 865 US dollars / ton, compared with the previous day raised 8 US dollars / ton.

We have always set the pesticide residue standards are based on pesticide residues on animal safety factor, but we have overlooked that the fetus is no animal resistance to pesticide residues, so a recent study of pesticide residues on the fetus The impact report was heated.

A new study commissioned by the European Parliament underscores the consequences of the use of pesticides on crops, and even after cleansing, pesticide residues are still detected on these foods. It is for this reason that many countries, including European countries and the United States, have upper limits on the amount of pesticide used in crops, although these restrictions are based on the effects of chemical substances we know on animals rather than on humans The

Previous studies have shown that pesticides are detrimental to human brain development, including exposure of mothers to higher levels of pesticides during pregnancy, leading to reduced fetal gray matter, as well as attention deficit hyperactivity disorder (ADHD) and even mental retardation The Mothers are exposed to urine during pregnancy. Organic phosphorus in pesticides is a big problem.

The European Commission commissioned research institutes to conduct the study to discover the potential benefits of organic agriculture and consumption of organic food. Organic agriculture, of course, involves little or no pesticide. Given the possible development of food using pesticides, the report shows that at least it is advisable for pregnant women and lactating women to choose organic food.

This dietary measure helps protect the fetus from the development of the disease caused by the compounds found in pesticide-treated foods. At the same time, the difference in composition between traditional growth and organic products suggests that organic crops have less cadmium content. This difference in composition is due to the use of different soils and fertilizers for the cultivation of organic crops.

Throughout the July, PVC market to rally-based, and pull up a larger range. To East China, for example, the current market in East China 6800-6900 yuan / ton, compared with the beginning of the East China market 6250-6350 yuan / ton up 550 yuan / ton, or about 8.73%. And in recent days, the gains have slowed down, the market to maintain high order to run the pattern, then, then the PVC will rise? Here we have to analyze:

PVC cost to continue to support

From the upstream raw material calcium carbide point of view, with the arrival of China’s peak summer electricity, coal prices continue to rise in the short term. In the coal prices rose, coupled with the environmental protection of the stringent production of calcium carbide by a certain impact, leading to calcium carbide prices have risen. Recently, the mainstream of calcium carbide market stabilized, local still up slightly. Up to now, the mainstream offer of calcium carbide in the Northwest region is still maintained at 2,500-2700 yuan / ton; Inner Mongolia, a local mainstream product price of calcium carbide in the 2500-2730 yuan / ton. On the whole, the calcium carbide market after a brief consolidation, will continue to rise in the market.

Supply side is still tight

Up to now, China’s PVC production enterprises in the overall operating rate of about 70%, of which Shandong letter of a PVC 200,000 tons / year device July 26 temporary fault parking has not yet resumed, the second phase of 400,000 tons / year ; Lutai chemical PVC 36 million tons / year device is still parking maintenance, the initial expected by the end of August to resume driving; Jun is the old factory area of ​​360,000 tons / year device on July 21 maintenance, is still overhaul, is expected around the beginning of August To resume production. And most manufacturers inventory at a low level, delivery orders mainly supply side is still tight.

Downstream wait and see atmosphere

The current environmental security inspection is still in the North China part of the products enterprises in the rectification stage, the downstream business is slightly contradictory to the high price, and plasticizers are also larger, end products prices slower, some orders less customers take the goods cautious, Wait and see atmosphere.

In summary, the next month will continue the current situation, and more to maintain a high run, do not rule out the existence of small concussion. The latter still need to pay attention to environmental protection, security checks and national policy aspects of the impact of futures and downstream goods may pay attention to the situation.

According to Reuters, the US refinery production is higher than ever before, seeking to meet the growing demand, but mainly from overseas demand.

Last year, the United States became the world’s largest net exporter of refined oil, which is the natural result of the US crude oil production since the beginning of the shale oil revolution in 2010. The United States in the global oil market, the traditional role of a fundamental change, after the United States is the world’s major oil import and consuming countries.

US crude oil exports in 2017 is expected to record a record high, making the foreign oil market for US refiners in the future growth prospects and profit margins more and more important.

Shale oil producers offer rich and cheap domestic crude oil supplies to refineries to give them the raw materials needed to produce internationally competitive refined oils.

The United States in 2016 to the foreign market net exports of 2.5 million barrels / day of refined oil, setting a record. According to US government data, 10 years ago, the United States net imports up to 2.3 million barrels / day.

The exuberance boosted the margins of large US refiners such as Marathon Petroleum and Valero and made up for the lack of growth in US energy demand this year.