During the Spring Festival, the domestic petrochemical enterprises have accumulated inventory, the week of February 3rd to a peak of polyethylene inventory accumulation, petrochemical stocks reached 980 thousand tons, an increase of 67%; port inventories increased 48%; total inventories increased 44.7%. The Spring Festival holiday spot market most closed, suspend the accumulation of a large number of stock circulation cause. At the same time, January polyethylene imports increase, port cargo export difficulties and other factors also lead to a substantial increase in the port inventory, part ofport full phenomenon.

Although the short-term polyethylene stocks sharply accumulation, but not too much pressure.

First, inventory accumulation is mainly affected by the effect of the Spring Festival, the market has long been expected, so the pressure on prices is not too large;

Second, after the first working day of the peak of 980 thousand tons of petrochemical stocks have slowly fall in;

Third, the recent Petrochemical stocks relatively the same period in three years is not high, the same period of 2014 inventory 1 million 150 thousand tons, the same period of 2015 inventory 950 thousand tons, inventory 940 thousand tons over the same period in 2016. Therefore, the short term, high inventory will have a certain pressure on the market, but the overall pressure is not too large. Is expected to accumulate 2 months late during the Spring Festival will gradually digest inventory, the possibility of PE price rebound.

In summary, the fundamentals of plastic quietly began from “no” to “Thailand” change, plastic prices are expected to rebound.

Midland, Michigan, January 17, 2017 — global organic silicon, silicon technology and innovation leader Dow Corning today launched a new three high reflective coatings, and further enrich the LED innovation and the rapid growth of Dow Corning solutions portfolio. These three products greatly enhanced the design flexibility of LED packaging manufacturers, they are not only suitable for chip size package (CSP) and chip on board packaging (COB) design of these sophisticated LED, also offers a variety of processing solutions from traditional dispensing method to new printing process.

The three new silicone coating for WR-3001 die edge coating, WR-3100 coating and WR-3120 die edge reflecting paint belong to DowCorning? (Dow Corning?) brand series of products. To match the diversified needs of the customer process, will continue to launch new products in the Dow corning.

Dow Corning global market manager Takuhiro Tsuchiya said: “manufacturers are actively exploring the LED package design more compact, more efficient and more cost-effective solutions, so need more advanced model of reflective materials, in order to boost the development of printing technology application, and to cope with the increasingly stringent operating conditions. The launch of the three new silicone coatings is just a beginning, we will continue to develop a series of new products for the coating industry. Dow Corning has been committed to actively promote cooperation and innovation, we have the three reflective silicone coating, can help customers to design the biggest problem, so that they provide a highly reliable and differentiated products in the fierce competition in the LED market.”

As with other reflective material of Dow Corning, these three coatings can maintain high reflectivity at low thickness, and keep its performance in high temperature 150 degrees C, and many other organic coatings will be broken and yellow at 150 ~ C. According to the hardness of the order from low to high, the three new products respectively:

WR-3001? Die edge coating has excellent thermal stability, dedicated to high power chip size package (CSP) application, and is applicable to traditional dispensing process.

WR-3100? Die edge coating for chip scale package (CSP) and the application of low power LED package design, and is suitable for the traditional dispensing process after curing; its hardness is up to 65D, can be used for chip cutting process.

? WR-3120: WR-3120 is a reflective coating hardness and the reflection of three new products in the highest, and has high thermal stability of light products, suitable for high power LED packaging and application of printing technology, can improve the performance of LED equipment.

Dow Corning is LED lighting materials, technology innovation and collaboration market leader, providing solutions covering the entire value chain of LED, LED lamp can help more reliable and efficient packaging, protection, adhesion, cooling and molding all lighting applications.

According to Xinhua News Agency reported on 22, an international team recently in the UK academic journal “nature communications” reported that they found a new way to “wake up” superconducting graphene, if the technology is mature, will greatly expand the scope of application of this material.

Graphene is separate from graphite materials, consisting of only one carbon atom layer two-dimensional material. It has thin, toughness, electrical conductivity and thermal conductivity properties, is the industry hopes for a new generation of materials. Scientists have long believed that this material has superconductivity, but had not found that.

Researchers at the University of Cambridge and other institutions will graphene and called praseodymium cerium copper oxide superconducting materials “collocation experiment started, the success of” wake up “graphene” sleeping “superconductivity. Experiments show that the superconducting graphene is not present from the outside, “praseodymium cerium copper oxide” role is only as an auxiliary material to stimulate superconducting graphene intrinsic.

Refers to the number of superconducting materials entirely resistance under specific conditions of the phenomenon, then the current in the material flow will not loss, no energy loss and fever. The phenomenon of superconductivity has a wide application prospect in electronic industry, but the relevant technology from large-scale practical application there are still many problems to be overcome.

Graphene as a superconductor will open a lot of imagination. According to the researchers, “graphene awakened after” can be used for manufacturing of super computer etc..

Russian energy minister Novak (Alexander Novak) on Thursday (February 2nd) said that Russia’s commitment to comply with global production agreement, and may be cut faster than planned, but this is mainly according to the circumstances.

Novak on Wednesday (February 1st) citing preliminary data for president Putin (Vladimir Putin) said that Russia’s crude oil output in January was 11 million 210 thousand barrels / day in December last year, a decrease of approximately 100 thousand barrels per day to 11 million 110 thousand barrels / day. More data show that Russia’s largest oil producer Rosneft in January the average daily output of 518 thousand tons, about 3 million 800 thousand barrels, compared with December 520 thousand and 400 tons daily output has declined.

The organization of Petroleum Exporting Countries (OPEC) and non OPEC oil producers such as Russia agreed in December to the first half of this year, the cumulative reduction in oil production of 1 million 800 thousand barrels / day, in order to solve the problem of excess supply, price support. This week, Reuters survey showed that OPEC production agreement has been completed 82% production in January fell by more than 1 million barrels / day.

Novak said Thursday that the global crude oil production fell 1 million 400 thousand barrels a day, oil prices than before more close to a reasonable level, is expected by the middle of 2017 global oil glut will disappear. He also pointed out that the Russian oil companies have all fulfilled the production agreement, in addition to all oil producing countries have complied with the agreement, and is expected in 2017 investment in the oil industry will create for the first time in three years.

In addition, Novak said that Russia may cut faster than planned, which is mainly based on the enterprise circumstances. Russia said before, to the end of the first quarter of the 200 thousand barrels / day, to rise to 300 thousand barrels / day.

Recently, liquefied petroleum gas prices continued to rise after the fall. Zhongshan City, the price department timely correction of bottled liquefied petroleum gas, the highest retail price, from December 24th onwards, 15 kilograms of bottled liquefied petroleum gas bottle down from 131 yuan to 128 yuan, other specifications bottled gas price reduced, 50 kg, 10 kg, 5 kg, 2 kg of liquefied petroleum gas were also temporary price ceiling adjusted to 433 yuan per bottle, 84 yuan, 42 yuan, 17 yuan.

Since late November of this year, subject to international market crude oil The overall price rise, upstream supply prices and market demand increase, the market price of liquefied petroleum gas at high speed, Zhongshan bottled gas prices hit a record high.