The United States in November 23rd 593 weeks the number of rigs, 5 increase in the number of Taiwan, Taiwan 151 years of decline; Canada rig count 174, week 10 decrease in the number of Taiwan, Taiwan 10 years of decline. The United States oil rig 474 weeks, a 3 increase in the number of Taiwan, Taiwan 81 years of decline. EIA Brent is expected in 2016 the average price of crude oil 43 dollars / barrel, 2017 $51 / barrel; 2015 U.S. crude oil production averaged 9 million 400 thousand barrels / day, is expected in 2016 to 8 million 700 thousand barrels a day in 2017 to 8 million 600 thousand barrels / day. Compared to the forecast in the August report, the forecast 2017 crude oil output higher than before 100 thousand barrels / day, mainly due to the rig active and well production ability. Is expected in the 4 quarter of U.S. crude oil production increase, the price of crude oil is still under pressure, the proposals concern frozen production meeting results.

This week, domestic gasoline and diesel oil fuel tax spreads were 340, 569, 168 yuan / ton, rate is 9.6%, 19% and 5.3%. of South Korea and Taiwan have raised the price to start, the closer this week, ethylene prices fell 2.17% reported in the southeast of 900 U.S. dollars / ton. Haiwei and satellite parking within PDH weeks of repairs, supply slightly tight, Southeast Asian propylene steady quoted at 649 yuan / ton. Next week the rubber market, Chinese strong demand, Southeast Asia butadiene rose 1.37% at 1480 yuan / ton.

Basic chemical:

Domestic titanium dioxide anatase titanium dioxide again this week the price of 500-800 yuan, the rutile titanium dioxide factory price 13500-14800 yuan / ton, anatase 11400-12500 yuan / ton. Tight supply and prices driven by rutile anatase increases continuously.

Market in the off-season, factory shipments increased the difficulty, low stocks, some enterprises limited supply. This week the titanium ore price 100 yuan / ton, Panxi area 47 ore price 1100 yuan / ton, factory price 12800 yuan / ton. Rising costs and tight inventories pushed up the price of titanium dioxide, the latter price is expected to rise again.

Urea: this week the operating rate is still not high, and the price of coal and freight upstream raw materials increase in cost pressures, domestic enterprises have raised price of urea urea. This week, the wholesale price of ex factory price of urea were steady at 1500, 1525 yuan / ton.

Ammonia ammonia Market: this week the local push up this week, ammonia prices rose 6.1% at 2430 yuan / ton.

Glyphosate: improving the cost of support, the fourth quarter of overseas and domestic supply and demand, boost glyphosate prices, glyphosate prices rose 4.7% yuan / ton in 22500.