Epoxy propane Market

1, the industry boom picked up significantly. Since the beginning of 2016, sea of shares, Shandong three Yue, Zhenhai Refining and other enterprises operating rate is more than 100%, the industry boom picked up significantly;

2, further relaxation of export capacity to digest. In November 2015 the Ministry of Commerce, the General Administration of customs and the propylene oxide from the export ban catalog number PO removed, the success of June 2016 exports exceeded 5000 tons;

3, the downstream price linkage, enhanced epoxy propane prices expected.

Two: semiconductor chemicals usher in development opportunities

1, the semiconductor industry to promote the development of electronic chemicals demand. In 2007 the global semiconductor sales totaled $255 billion 600 million, with the development of the semiconductor industry, in 2015 the total sales rose to $335 billion 200 million. The growth of the semiconductor industry, driven semiconductor market share rising chemicals.

2, electronic chemicals localization represent the general trend, a huge import substitution space. With the increase of domestic demand for electronic chemicals, the current domestic related industry is gradually realize localization, a huge import substitution space; domestic electronic chemicals increased from 40 billion 700 million yuan in 2005 to 170 billion yuan in 2015, an average annual compound growth rate of 15.4%, higher than the GDP growth rate.

3, electronic chemicals is the strategic emerging industries, industry by policy support. State and local governments have issued a series of policies to support the development of industry, issued a “national outline IC industry to promote the development of” 2014-2016 “, a new display industry innovation and development plan of action”, is expected to “13th Five-Year” period, electronic chemicals industry policy support will further strengthen.