As of the United States on Friday (October 14th), the New York Mercantile Exchange in November WTI crude oil futures prices fell $0.09, or 0.2%, to close at 50.35 U.S. dollars / barrel, but this week has risen 1.1%, the overall trend around the rising trend. At the same time, ICE London Intercontinental Exchange, December Brent crude oil futures prices closed down $0.08, or 0.2%, to close at $51.95 / barrel.

The macro situation of the United States last week inventory report of mixed oil inventories dropped to offset the increase in crude oil inventories fell and the dollar is bad, providing some support for oil prices. Although oil prices have no obvious trend, but in October is a key January, visual in the remainder of 2016, crude oil will usher in the winter.

In toluene Market tight supply, downstream after procurement into rigid demand, and after the petrochemical enterprise resource circulation conduction delay because of the inherent, which ultimately caused the market to have the double tight supply and demand, and the price has played a strong stimulating effect;

The coating material is fire, the titanium dioxide TDI has led the way, after a hurricane, with oil prices gradually strengthened expectations rise last week, fermentation, organic solvent products, toluene as an important organic solvent, in the “Kim Gu” does not have a good play, but to enter the “silver ten” but the latter.

The toluene market overall narrow upward, North China to discuss the market in 5950-6050 yuan / ton, East China market about 5700-5750 yuan / ton, circulation of Goods Co., on-demand procurement downstream businesses. The main area of Jiangsu toluene market turnover of 5480 yuan / ton, the overall trading was light, low turnover is small. Southern China toluene offer reference 5750-5800 yuan / ton, the wait and see, the real single talks more light.

Oil prices last week moved up is to “kill” was the culprit, so now the price.

Fourth, labor costs At present, the average removal rate of paddy field in more than 150%, because labor costs more and more high. From this perspective, we have a global vision of entrepreneurs in the rapid economic development in third world countries, if there is no crop weed is too common, it will be a huge market opportunity; and the market has a very large features, user loyalty is high.

Therefore, we can catch a few small countries, where the market development intensive and meticulous farming, there is such a market, the future can use long-term. In addition, in order to form the existing new product development, so that farmers and labor, which is a big market opportunity. In this regard, we can learn from the experience of Japan and South korea.

In short, the herbicide market much will continue to grow in the future.

October benzene hydrogenation plant centralized maintenance, domestic operating levels decreased rapidly, with the reduction in supply, market prices have some support, the future is expected to continue to increase the maintenance device, can also further boost the market.

Recently, the domestic hydrogenation of benzene plant centralized maintenance, resulting in domestic construction level is greatly reduced, “silver ten” on the occasion, the spot market supply was tight, the following table, in early October the hydrogenation of benzene to a total of about 7 enterprises to enter the state of repair, maintenance device relates to about 730 thousand tons, near the comprehensive level of our country industry started from 63% straight down to 56%. With the device of centralized maintenance, mid enterprises supply quickly sold out, but also in the light of the market atmosphere, a certain support for the domestic price of eleven, after a long vacation, hydrogenation of benzene to market prices rising 100 yuan / ton.

October 19th domestic propylene market overall steady downward trend. At present, the Shandong area of propylene quoted in the mainstream 7100-7300 yuan / ton; crude oil futures on Tuesday (October 18th) by the down turn up, hovering near the mark at about $50, due to the decline of the dollar, and market participants continue to evaluate the organization of Petroleum Exporting Countries (OPEC) may be cut. NYMEX11 month crude oil futures closed up $0.35, or 0.7%, to settle at $50.29 a barrel. December Brent crude futures rose $0.16, or 0.31%, to settle at $51.68 a barrel. Propylene is still stable. The high price of oil, to support the new propylene market supply end device started, but the device is debugging, no impact on the market, the downstream because of environmental inspection of epoxy propane operating capacity decline, other downstream operating smoothly, the market fell slightly. The specific need to continue to pay attention to propylene market supply side, the expected short-term propylene market balance of supply and demand, price stability.