official disclosure of the latest data show that in 2016 the domestic two benchmark oil – Daqing and Shengli oil field respectively, crude oil production 36 million 560 thousand tons and 23 million 900 thousand tons, compared to 2015 decreased by 1 million 826 thousand tons and 3 million 200 thousand tons, the total output of more than 5 million tons. Learned from relevant sources, this year’s two oil production capacity will not stop the pace, but the decline narrowed.

Considering the recent domestic oil production is not large, the decline in yield of two large oil field will bring the total domestic production of crude oil fell. In order to make up for the supply gap, Chinese will increase imports of crude oil overseas. In this case, domestic dependence on foreign oil continued to rise sharply, is expected to last year may have climbed to 65%.

Yield adjustment and cost

Atmospheric environment quality

In September 2016, November and December, the air quality has declined, the proportion of

good days fell by 5.1, 7.5 and 6.3 percentage points, the concentration of PM2.5

increased by 2.9%, 7.4%, 5.4%.

In November 2016, the Beijing Tianjin Hebei region PM2.5 concentration increased by 8.5%,

a total of five times of heavy pollution, the impact of a very wide range of longer

duration, northeast of Harbin, Anshan and other city PM2.5 hours of peak concentration

even reached 1000 micrograms / cubic meters.

In December 2016, the emergence of large-scale, long time heavy pollution weather,

Beijing and other places to start the red warning, multi burst table. At the same time,

the pollution factor differentiation, becoming the only ozone concentration rose by air

quality six routine monitoring index of pollutants.

China’s environmental protection in the key period of the burden, padded short board
2017-01-12 09:30 Click 85 times [ large in Small ] Gade Chemical Network

[hot] Gade chemical network daily in January 10th, the Ministry of environmental

protection organization held a national environmental protection work conference.

Environmental Protection Minister Chen Jining said 2017 will carry out nine key tasks.

The first work is to firmly control the atmosphere, water and soil pollution. In order to

improve the quality of the environment as the core, the full implementation of the “13th

Five-Year” environmental protection plan “, in-depth implementation of the atmosphere,

water and soil prevention action plan. At the same time, to ensure the completion of the

“air ten” provisions of the 2017 annual average PM2.5 concentration of 60 micrograms /

cubic meter of the task, Beijing city need to be dropped by nearly 20% in 2016 on the

basis of the arduous task.

According to the twenty-first Century January 11th economic report news, Chen Jining

pointed out that the overall stability of China’s ecological system, environmental

quality in the country and the average level of the overall good parts of some of the

characteristics of pollutants and part time partial deterioration of environmental

protection situation is still grim.

TIR1 and AFB5 are the two most important target sites of synthetic hormone herbicides. When the herbicide and target sites combined with very closely, the amount decreased significantly, especially combined with AFB5, leading to the spirit in Moscow? Sharp and live? The amount decreased significantly (Table 3).

The spirit of Moscow? Wide herbicidal spectrum, are effective for gramineous weeds and broad-leaved weeds and sedges. The usage is extremely low, the amount of active ingredient is 5 ~ 50 g / ha; no antagonism, no cross resistance is very friendly to the environment. The spirit of Moscow? Wide application, can be used for rice, cereal crops and field crops (pre Emergence Treatment), orchard, grass, grassland pasture, water (lakes and ponds). The spirit of Moscow? Especially suitable for the water in the water hyacinth, it is the safest for aquatic products of all herbicides. Experiments show that even for synthetic hormone herbicides, the spirit of Moscow? There is no cross resistance.

Rui live? For control of broadleaf weeds in various grain fields, effectively controlling weed resistance, low consumption, stable effect, good safety. Wang pointed out that the control of weed resistance is the core competitiveness of products entering the market.

5 on the direction of development on herbicide

Synthetic hormone herbicides as natural hormone mimics, by destroying the plant growth regulating process and effect. When the products and the target binding site, will induce the life activities increased, lead to sensitive plants to grow out of control, eventually leading to its death. Synthetic hormone herbicide mainly through foliar absorption, a small amount of absorbed through the roots. The effective ingredients into the plant through the xylem and phloem conduction, and in the growing point of accumulation and play a role.

Synthetic hormone herbicides generally have the absorption and transmission performance, development, rapid onset, symptoms similar to adapt to a variety of farming system, not easy to produce resistance (because the target is more complex, there are 5 common target sites) etc..

But compared with the traditional synthetic hormone herbicides, aryl pyridine carbamate herbicide also has its own characteristics: such as target sites have a unique combination of broad-spectrum, (except on broadleaf weeds and sedges effectively, on main gramineous weeds effectively), consumption is very low, quick, effective, rapid degradation, low volatile, and other compounds can mix well to after crop safety.

Wang believes that Japan’s pesticide companies strong innovation ability, the products of its creation are more, but most Japanese companies can not afford because of global development costs, often in cooperation with other multinational corporations to develop the world market.

4 sharp live? And the spirit of Moscow? A new compound, synthetic hormones in herbicides

The traditional synthetic hormone herbicides are mainly 4 categories: pyridine carboxylic acid (e.g. fluroxypyr etc.), benzoic acid (dicamba, etc.), Phenoxyacid (2, 4-, 2 a 4 drop of chlorine) and quinoline carboxylic acid (two chloro quinolinic acid etc.) (Figure 5).

Chloropyridine ester and fluorine English (generic name halauxifen-methyl; the name Arylex? Sharp, live)? Chlorine and fluorine pyridine ester (florpyrauxifen English common name; the name Rinskor? Ling, Scott)? Is the only two products of aryl pyridine carbamate herbicide recently developed in the Dow, is a new compound structure with synthetic hormones in herbicides (Figure 6).

The increase of investment in the patent protection compound. Such as the development of some defensive technology, including new forms and seed treatment etc..

3 new herbicides Everfount HPPD inhibitors, the most abundant

Wang in the report describes the 19 main herbicide since 2010 and the newly listed will be listed, including 4 HPPD inhibitor herbicides, 3 synthetic hormone herbicides, 2 photosystem II (PS II) electron transfer inhibitor 2, inhibit the synthesis of long chain fatty acid agent (Table 2).

Wang pointed out that in the new herbicide, HPPD inhibitor herbicides most commendable is that this kind of product case less resistance. The effect of clomazone, Syngenta (bicyclopyrone) has been listed, listed products are three yuan or four yuan compound products, these products are good for glyphosate resistant weed. Bayer fluorine methyl butachlor (triafamone) for paddy field herbicide, ALS inhibitors, the drugs in the paddy fields, wheat fields have been generally resistant. Wang therefore believe that fluorine methyl butachlor may just listed the effect is good, but the vitality of the market remains to be seen. Bayer in balfin indene (indaziflam) cellulose synthesis inhibitor, its mechanism is old, but in the past two or thirty years no new products in the market, so it is a new product. BASF saflufenacil (saflufenacil PPO-) for other herbicides, its mechanism is very attractive.

In 2015 Chinese total production capacity of about 7 million 854 thousand tons of styrene, overall consumption of styrene in 2014 in the middle and lower reaches 8 million 900 thousand tons. It is not difficult to find, there is still lack of styrene production sales, especially in recent years the domestic styrene yield reduction, more need to import large quantities. In recent years, styrene imports increased in 2015, styrene imports reached 3 million 740 thousand tons, 2016 incomplete statistics, styrene imports reached 3 million 180 thousand tons in 2016, compared with the previous year decline decline in imports.

Styrene in meet the needs of their own, do not affect the supply and demand situation, to consider the export, but 2016 is not optimistic about the export of styrene. Three party styrene import and export from Japan and South Korea relations, Japan’s exports of styrene in more than 60% goods sold to South Korea, and South Korea’s exports into Chinese styrene 90%. Japan and South Korea styrene production, downstream demand growth will eventually reduce exports to South Korea role level, is expected in 2016 exports to the number of China styrene will reduce. Combined with the domestic styrene production capacity is limited, Dalian Petrochemical 100 thousand tons, 70 thousand tons, Liaotong chemical Harbin LAN-STAR 80 thousand tons of styrene plant closed permanently, Yanshan Petrochemical 80 thousand tons of low yield, not included in the actual production capacity. In addition, Shandong Huaxing, Sheng original petrochemical, lihuayi dry gas to ethylbenzene, difficult to achieve full load operation, so in 2016 the styrene production capacity, is not conducive to export.

Glycol

In 2016 the prospect of ethylene glycol is called fog, affected by the operating load of high crude oil, polyester. But the good times do not last long, at the beginning of 2017 the market downward. Today’s ethylene glycol market fell, the port inventory situation is low, the market supply is tight, the downstream polyester plant started relatively stable, continue to maintain the good momentum of the overall, still must have the support of the price it is reported that the Fujian market mainstream price negotiations in 8000-8100 yuan / ton, is expected in the short term of ethylene glycol market continued weak.

At present, the domestic ethylene production capacity is seriously insufficient, the effective yield of 70% is not much, need to rely on imports, in 2015 China’s ethylene glycol consumption was 12 million 752 thousand tons, imports 8 million 772 thousand tons, self-sufficiency rate of only 31.4%, so the glycol has a huge import substitution space.

Acetic ester

In addition to the above commodity showing decline in commodity acetic ester escape death, it is reported that Jiangyin Baichuan butyl acetate offer down 50 yuan / ton to 6350 yuan / ton, Shanghai implementation of Wujing, Tangshan Jidong ethyl acetate offer down 50 yuan / ton, 5700 5750 yuan / ton, mainly affected by the upstream of n-butanol and acetic acid led to the decline the acetate Market vulnerable to run.

In summary, crude factors do not play a decisive factor in the market of raw materials, in addition to the upstream market, environmental factors can not be ignored, the majority of raw materials business unit parking production, operating rate gradually decline, the off-season demand is weak. Overall, the current inventory of old low price short-term downward.

Industry chain: December, raw material benzene prices boosted the downstream product prices, the downstream manufacturers and more profitable, but profit space compression. Derivatives of the actual market price fell sharply, due to environmental problems, operating rate decreased significantly, styrene is still profitable, has been in adipic acid, acid amine profit space, still have the purchasing power, but the hydrogenation of benzene after parking supply supplement still needs time.

Industry: month, pure disk continued to rise to stimulate domestic market upward; with the external disk, the enterprise and the market offer spreads gradually widened, domestic benzene exists certain risk, price or continue to adjust downward, a reference to the disk, the price of Sinopec, the operation should be cautious profession.

Late prospect

On the eve of the Spring Festival, the domestic market to stabilize chemical finishing, so the market outlook is still down space benzene.

domestic benzene market this month before, at the end of the business community monitoring benzene factory price average 7430 yuan / ton, compared with the first month of 6405 yuan / ton rose 1025 yuan / ton, rose 16% month.

Market analysis

Products: in December, Sinopec benezene listing on the 5 day, and on the 7 day, the 9 day of each increase 300 yuan / ton, 14, increase 200 yuan / ton, a total increase of 1100 yuan / ton to 7700 yuan / ton, up sharply, prices rose to highs. The reasons for the rise of Europe and Asia, outside the whole benzene skyrocketing, the Korean market led by sharply, oil prices continue to rise high consolidation. However, after the late, domestic benzene market prices sharply lower, 26, Sinopec listing price down 300 yuan / ton to 7400 yuan / ton, affected by the haze weather, the downstream industry chain operating rate fell sharply, in some areas even stop down the load floor production, bad mood strong, the price decline.