Daily P: Enterprise Limited production price firmness, prices rose a larger space. The sky and other eight domestic enterprises have to go to the P inventory capacity to reach a consensus, 2017 eight companies were intended to cut 20~35%, the yield will be controlled at 1234 tons in . Due to the loss of industry in general, limiting the production of phosphate fertilizer enterprises combined with a firm attitude, some companies have begun a substantial production, if calculated in accordance with the limited production of 25%, next year fertilizer supply will be reduced by 400~500 million tons. Phosphate fertilizer production and high pollution, the supply side reform of the industry is also worth looking forward to. The demand side next year phosphate 100 yuan / ton tariff will be canceled or will enhance the domestic fertilizer competitiveness, boosting export growth, while India and India increased fertilizer inventory reduction RS purchasing power, India imports next year is expected to improve, is expected next year during the spring fertilizer will there is a huge gap between supply and demand, we believe that the late fertilizer prices up more space than expected. Higher probability.

Urea: next year during the spring and the gap between supply and demand will be more than 5 million tons. At present, large granule urea price of about 1515 yuan / ton , is at the bottom of this year prices have risen more than 30%, but by the coal prices and the impact of rising transportation costs, low cost urea enterprises currently only have the space furnace, coal water slurry and other leading technology can achieve profitability, profitability of the number of enterprises accounted for about 20%. Due to high production costs and environmental factors,

according to the statistics of Nitrogen Fertilizer Association, China’s urea enterprises operating rate of less than 50%. By the northern cold weather and production enterprises will be converting to other products, short-term is difficult to pick up the operating rate of urea. During the spring of next year is the season with a fertilizer, the requirement of agricultural urea accounted for roughly 60% of the annual amount of urea, the corresponding demand of about 2500 million tons, considering the industrial demand for urea and exports, is expected during the spring and the gap between supply and demand will be more than 5 million tons of urea.

this week domestic adipic acid market prices continue to rise, the average spot price of adipic acid factory over the weekend in the 10714.29 yuan / ton, the average spot price of adipic acid factory weekend at around 11085.71 yuan / ton, this week rose to 3.47%, the same price than last year Rose 98.67%.

Analysis and review

Domestic products: adipic acid market price rose sharply this week, manufacturers supply, traders also supply tight, the active atmosphere of negotiations, the upstream petrochemical benzene prices continue to increase 200 yuan / ton, adipic acid manufacturers continuous increase spot price, the market turnover continued to focus on the shift this week, the market turnover slightly stalemate, high turnover of the poor. As of now, the Shandong market supply reference listing price of 11800 yuan / ton, Tangshan supply market reference price of 11000 yuan / ton, Liaoyang supply market reference listing price 11900 yuan / ton. The overall domestic mainstream manufacturers of adipic acid unit runs smoothly, equipment operating rate remained at 8-9%, manufacturers inventory reasonable.

anhydrous hydrofluoric acid market rose slightly this week, the weekend factory price of 6000 yuan / ton, the weekend price rose to 6033.33 yuan / ton, or 0.56%. Manufacturers offer a slight adjustment, the current prices rose 0.17%.

quotations analysis

Products: domestic anhydrous hydrofluoric acid rose slightly. The nationwide price in 5600-6200 yuan / ton, is currently in Shandong to offer 5800-6400 yuan / ton, in the region to the mainstream price 6100-6400 yuan / ton; East China mainstream offer 5600-6300 yuan / ton factory, Zhejiang area to the price of 5700-6000 yuan / ton; Central China offer range 5700-6400 yuan / ton factory, Inner Mongolia area offer 5300-5500 yuan / ton. Device, Shandong Yantai Zhongrui planned production, launched in mid December.

Industrial chain: South China area price fluorite narrow market rise, logistics and transport costs increase, resulting in the rising cost of raw materials, thus increasing the cost of space downstream of hydrofluoric acid. This week the domestic manufacturers of sulfuric acid were mixed, the overall average price of domestic acid remained stable, sulfuric acid enterprises this week, 318 yuan / ton, the price fell by 12.27% over last year. The operation of the domestic manufacturers of sulfuric acid unit normal this week, the market supply is relatively abundant, downstream to buy gas shortage, the market turnover is limited. The domestic market is downstream of R22 refrigerant due to the recent domestic quota tightening, the price of a certain increase, but less demand for raw materials, which leads to depression as the main raw material of fluorine chemical products in the market downturn.

Market forecast

At present, hydrofluoric acid market running smoothly, the raw material market is relatively stable, the transportation costs of raw materials increased, hydrofluoric acid of short-term market or small adjustments, but the current market situation of hydrofluoric acid market will remain vulnerable to run.

Recently, the overall chemical market to maintain stronger trend, styrene and two DEG to maintain low market supply and demand, prices continue to rise; ethylene glycol by the market for the introduction of the draft futures speculation, the focus of the market sharply higher, continue to refresh the high point of the year. Statistics show that as of December 9th, styrene rose 600 yuan / ton, ethylene glycol rose to 770 yuan / ton, two glycol rose to 460 yuan / ton. However, this time the cost of a substantial rise in the market has little effect on the unsaturated resin.

Chemical market strong run unsaturated resin market has little effect
On the one hand, during the November raw materials skyrocketing, unsaturated resin market pull up too fast, and greatly, has made the downstream steel glass and artificial stone factory into a loss situation, they can not price with the resin price increases sync up. Downstream real single slow follow-up, the early stage of the cost of the increase has not yet digested finished, a short time the price is difficult to follow the raw material market continued upward.

On the other hand, the market into the traditional low season, the overall trading atmosphere to weak. Coupled with environmental checks are still continuing, the downstream glass steel plant started to be limited, the overall start in about 3. For the high price of resin, downstream resistance is more concentrated. According to the JOYOU information to understand, at present many resin factory orders significantly reduced, pre orders also completed delivery, sales piandan. But the unsaturated resin manufacturers high prices for raw materials purchase intention is weak, the main digestive inventory of raw materials, cost pressures can digest, offer temporary hold.

For now, the UPR plant is caught in a dilemma between rising raw material prices and weak demand for the downstream market. And in December, for most of the resin enterprises, the priority is not to sell, but to return the funds. Therefore, JOYOU is expected in the short term, regardless of how the raw material market fluctuations, the resin market will remain at the current level of prices, waiting for the market trend of further uncertainty.

Recently, n-propanol market running smoothly. Ethylene upstream of the overall trend of the market is stable, the cost of support is relatively stable.

In December 13th, Shanghai fangye Chemical Co., l-propanol foreign price 10600 yuan / ton (Taiwan Dalian original), real simple negotiations. Shanghai Crystal Chemical Co. Ltd. Shanghai l-propanol foreign price 10000 yuan / ton (barrels), out of stock is limited, the real single talks. Shandong Feng bin Chemical Co., n-propanol offer 9500 yuan / ton (apron), limited stock, real simple talks. The normal operation of Nanjing Rongxin chemical 60 thousand tons / year n-propanol device, today the factory acceptance price 9200-9300 yuan / ton, mainly for personal use, a small amount of export. Shanghai Demao chemical l-propanol foreign price 10000 yuan / ton, are not available, the real single talks. Zhejiang sunrise Chemical Co., n-propanol foreign price 9800 yuan / ton (bottled / Taiwan), the current inventory is limited, the real single talks.

In December 14th, the price is aproll Jiangsu propanol in 9400-9800 yuan / ton, 100 thousand tons of new materials Nanjing Nuoao propanol unit in normal operation, this factory price 9350 yuan / ton, a single look at the amount of talks. The normal operation of Nanjing Rongxin chemical 60 thousand tons / year n-propanol device, today the factory acceptance price 9200-9300 yuan / ton, mainly for personal use, a small amount of export.

Recently, the upstream product of ethylene price stability, is currently the market average alcohol, discuss the general atmosphere. The domestic propanol market running smoothly, a narrow range of fluctuation. The latter concern the cost of raw materials supply situation and face.