In December 23rd, the alcohol market consolidation operation in Shandong area, ordinary wheat alcohol price mainstream discussion at 5050-5100 yuan / ton tax, general level of cassava ethanol price mainstream discussion at 4900-4950 yuan / ton tax, high corn alcohol mainstream discussion to 5100-5150 yuan / ton tax, downstream ethylene ester receiving stable, good market trading the market outlook, stability.

The national development and Reform Commission before the date of approval, agreed to Fujian Province, microbial development and application of “bio medicine photodynamic treatment technology” “Fujian traditional Chinese medicine molecular biological technology” three science and technology innovation platform, included in the national local joint engineering research center construction.

According to Xinhua News Agency reported on December 22nd, one of the highlights of the three innovation platform in the Fujian province is relying on the Fujian Provincial Academy of Agricultural Sciences “microbial development and application of National Engineering Research Center”, will focus on the construction of agricultural microbial resources screening, molecular biology, microbial fermentation technology, research and development, product testing, effective extraction etc. six high technology platform, to carry out the key technology research of microbial preparation industrialization, strengthen technological innovation and transformation, for the industry of agricultural microbial inoculants, and make new contributions to the development of green agriculture.

It is understood that the Fujian Provincial Academy of agricultural scientific research team of microorganism, dedicates itself to the application of agricultural microbial inoculants, built the largest international repository of Bacillus, Bacillus strains collected nearly 35 thousand, published 10 new strains of Bacillus, determination of whole genome of 113, accounting for the world output 30%, the development of biological pesticides have been exported abroad.

The national development and Reform Commission to support Fujian three innovation platform construction, will enhance the microbial, biological medicine, Chinese medicine modernization field has the characteristics of Fujian industrial innovation system and infrastructure construction, promote the construction of ecological civilization in Fujian province National Experimental Zone, national innovation demonstration zone.

Domestic butadiene market stabilized down, supplier price week began to decline, the stock market bearish expectations. According to the sample enterprise data show that this week butadiene fell 1.44% to three months for a cycle or 49.74%.
Due to the early surge of butadiene prices, the prices continued to rise, although the downstream market actively follow up, but in the case of high prices continued to follow up and fade weakness, resentment is getting stronger. Week Liaotong chemical stable price of shipments, shipments of state manufacturers inventory pressure gradually; and the market price offer, bearish expectations fade, Liaotong chemical weeks for price by 1000 to 12810 yuan / ton. The market, the market fell by the north, East China downstream procurement sidelines, multi digest inventory, compared with last week, down about 800 to 13800 yuan / ton.

Shandong veectory chemical 6-7 device KTPA butadiene in September 26th parking maintenance, the recent plan to restart, the specific time is unknown; Singapore 155 thousand tons of butadiene unit due to failure in September 27th to stop, restart time is tentatively scheduled at the end of October; Shanghai SECCO 90 thousand tons / year plant maintenance plan until November.
Shandong Weite chemical plant recently restarted, the market supply is expected to relax the downstream market week; rubber prices fell, a drag on the market during the week and butadiene; because Liaotong chemical delivery for price cut, bearish market sentiment is getting stronger. Although the disk, the strong performance of Sinopec, but due to the early market soaring, the downstream market is getting stronger with the lack of follow-up is expected next week; butadiene market downward space.

From a PTA perspective, yesterday (20 days) domestic PTA futures market prices rose, the spot market price in 4802 yuan / ton, compared with the previous day rose 2.30%, an increase of 3.40%. The futures market day trading, the main futures (1701) to 4904 yuan / ton, compared with the previous trading day up 102 yuan / ton, rose 2.12%.
The main reason, rose first, yesterday PTA influx of funds in the market, the speculative atmosphere rise, futures Masukura up to lead the energy of the plate, the spot market by the price boost sharply with the rise. Secondly, the cost of support. 20, the closing price of crude oil fell, WTI main futures closing price of 50.43 U.S. dollars / barrel, down 1.17 U.S. dollars / barrel, but the heat of the market still limited production agreement is expected. PX prices continue to rise slightly,

Asian PX prices rose $4, at $788 / tonne FOB Korea and US $809 / ton CFR Chinese. Third, the downstream polyester plant started, relatively stable, as current polyester fiber sales has increased to 150%, and low inventory, Jiangsu and Zhejiang polyester market since October has been in a rising channel, wherein the polyester filament of each product are up more than 3%.
From a fundamental point of view recent weeks, Hengli Petrochemical 2 million 200 thousand tons / year plant restart, superposition of Yisheng Petrochemical 2 million 250 thousand tons / year plant and MITSUBISHI Petrochemical 700 thousand tons / year plant is expected to restart, PTA supply will increase. The downstream polyester factory, the fundamentals of supply and demand overall is still tight, or short term will continue steadily trend. But for the terminal, because the price of raw materials prices continued to purchase care orders, many fabrics and DTY production is on the verge of a loss. Xia Ting expects the current point of view, PTA long funds still strong, and with good international oil prices still continue to break up the possibility of short-term shocks, PTA is larger, but the persistent slightly lacking, beware of the risk of down.

Fangchenggang inventory of about 307 thousand tons of sulfur, the surrounding plants consume inventory of resources, trade negotiations not much news. At the end of Fangchenggang still has two factories supply plan to Hong Kong, Fangchenggang bulk grain price rose to 720-730 yuan / ton.

Qingdao port sulphur inventory 79 thousand tons, at present Shandong area environmental protection inspection is still in progress, the downstream plant operating rate is not high, the market performance of the general procurement of sulfur. The southern port of Qingdao rally driven, holding the goods mentality is acceptable, the price offer less, mainly discuss suihangjiushi. Qingdao port sulphur powder block reference price 740-750 yuan / ton, tons of sulfur granules reference price 800 yuan / ton.
Market forecast: domestic sulfur prices rose rapidly, the downstream plant procurement inadequate follow-up, nor support outside news came out, the current price callback increased risk, near the end of the week, is expected to market temporarily – finishing the main sulfur.

Thursday (October 20th), quickly pull up the price of sulfur, traders and downstream plant operation rhythm is disrupted, the face of the current high price of factory goods intention to hesitate, traders also worry that the callback increased risk, dare to follow up, today most manufacturers choose to wait and see. Tender 35 thousand tons of sulfur in Qatar 18 tender, no clear news; 15 thousand tons of sulfur particles in Formosa recent bidding, the bid price of $84-85/t FOB, the successful bidder and the final receiving is unknown.

Port: the main port of sulfur Chinese inventory 1 million 700 thousand tons, of which Nantong port inventory 790 thousand tons, 370 thousand tons of Zhenjiang port. Sulfur is pushing up the price, the market sentiment increased, a small amount of bulk particles today offer up to 800 yuan / ton, not heard of the deal, holding the goods do not offer the mainstream. Yesterday in the Yangtze area bulk price particles 760-770 yuan / ton, in the face of such a large price increases, the downstream plant said temporary fence, waiting for the market to further uncertainty.

Huabei ABS price increase 100 yuan / ton, 0215A price of 11750 yuan / ton, 0215H price of 11750 yuan / ton, GE150 price of 11750 yuan / ton, the price of 11850 yuan / ton 750A. The recent sales steady, stock is not much.
In the Northeast Branch of ABS 0215A (price stability, Jilin petrochemical) price of 11750 yuan / ton, 750A (Daqing petrochemical) price of 11750 yuan / ton, 150 (Jilin petrochemical) price 11650 yuan / ton. Business inventories, factory sales.

In the north of Dushanzi Petrochemical Company PS listing price increase 200 yuan / ton, through benzene 500 reported 9200 yuan / ton, 500N 9100 yuan / ton, 500NT 9150 yuan / ton, instead of benzene HIE reported 9600 yuan / ton, the price for the Tianjin library.
In the east of Dushanzi Petrochemical Company PS price up 100-200 yuan / ton, through benzene 500 reported 9300 yuan / ton, 500N 9300 yuan / ton, 500NT 9600 yuan / ton, instead of benzene HIE reported 9600 yuan / ton. Low inventory, the recent sale of normal.
Because businesses on the market outlook mentality flat, merchants offer stable and slightly adjust. The majority of the downstream plants on-demand procurement, the actual volume is not much. Expected short-term market will continue to maintain a steady trend of finishing individual.

The domestic ethylene glycol market this week following a pullback in commodity market as a whole, the overall market pressure liquefied, ethylene glycol at the beginning of the week the biggest one-day decline of up to 5.99%. Electronic disk poor performance this week by the end of the week, the whole week glycol electronic disk slightly down. The current focus of ethylene glycol market in East China strong, by the end of the week the mainstream transaction in 7420-7430 yuan / ton, to discuss the futures space at 7400 yuan / ton; ethylene glycol market trading, floor traders shipped by the end of the week, the mainstream price at 7550-7570 yuan / ton; to discuss the actual inquiry, the overall maintenance of the downstream just need to purchase.

This week the glycol WaiPan prices closed at $850 / ton, down 1.96% compared to last week’s closing price. The oil price shocks of ethylene, U.S. economic data and expectations of OPEC output, international oil prices rose slightly in the light of the transaction. As of Thursday (December 22nd) February WTI crude oil futures settlement price of $52.95 a barrel in February; Brent crude oil futures settlement price of $55.05 a barrel%. In December 22nd, Asian ethylene prices fell in part, CFR closed at $1144.5-1146.5 / ton metastable northeast, Southeast CFR at $984.5-986.5 / ton. The downstream polyester manufacturers during the week sales was also started by the end of the week the callback, Jiangsu and Zhejiang polyester production and sales as a whole is still weak, the average estimate of about 5 into. The downstream rally will tend to slow down, eg a sli

ght correction.

The domestic ethylene glycol market this week, finishing concussion, number of main port area of East China stocks rebounded, the spot market in the circulation of goods will tend to loose. And with the Huaihua device, domestic ethylene glycol start load will continue to rise. But the current downstream polyester operating rate is still part of the good performance, the product inventory is low, just need to support stronger. And the delivery period, some traders buying demand deposit contract gap remaining. The polyester industry sales terminal based on good performance, high order ethylene glycol market.

From the current point of view, the support of ethylene glycol upward slowed, part of the industry before the stock market is nearing completion, the downstream recently started will also have different degrees of decline, the demand is insufficient to support, is expected next week in the market price of ethylene glycol to the weak trend of finishing.

“in 13th Five-Year the State Council issued the” national strategic emerging industry development plan “, put forward to accelerate the cultivation and development of high-end manufacturing, green low-carbon and biology 5 annual output value of 10 trillion yuan of pillar industry.

Among them, high-end equipment and new materials such as high-end manufacturing industries to breakthrough development, by 2020 the output value of more than 12 trillion yuan; new energy and energy saving and environmental protection, green low-carbon industries to grow rapidly, by 2020 the output value reached 10 trillion yuan.

“Planning” pointed out that, on behalf of the strategic emerging industry a new round of technological revolution and the industrial revolution, is the key to foster the development of new energy field and obtain new competitive advantage in the future. To speed up the development of a new generation of high-end equipment, new materials, biotechnology, new energy vehicles, new energy, energy saving and environmental protection and other strategic emerging industries, to promote the industry towards high-end level.

“Planning” more content relates to petrochemical industry, new material industry in the breakthrough development, to carry out intelligent plant in petrochemical and chemical manufacturing process integration innovation and application demonstration, to improve the intelligence level of enterprise production management; strengthen the convergence of new green building standards and public building energy conservation standards, improve energy saving and environmental protection function membrane materials, marine anti-corrosion materials supporting standards, to increase timber manufacturing materials, rare earth functional materials, graphene materials standard layout; strengthen new material industry cooperation, carry out collaborative application demonstration in aviation aluminum, carbon fiber composite materials and other fields.

“Planning” pointed out that to technological innovation and the application of focus, greatly enhance the new energy vehicles and new energy utilization ratio, to construct a system of comprehensive utilization of distributed energy, leading to change energy supply mode; encourage the development of clean and efficient use of coal technology and equipment, the regenerative high temperature air combustion device and a number of efficient energy saving technology and equipment; the implementation of circular development lead action to promote new energy resources recycling waste batteries, electronic products and other uses.

Luo Huanta Dean of Engineering Industry Research Institute pointed out that the plan put forward in 2020 to achieve sales of new energy vehicles more than 2 million vehicles, the overall level of technology to keep pace with the international level, keep the leading global power battery production scale of them.

“Productivity is leading the new formulation, the concept of national capacity referred to a higher position, which requires the combination of power battery, youyou each link of the whole industry chain combination, improve the overall level of production capacity.” Luo Huanta said. According to the reporter, new materials and chemical related varieties of all kinds of power battery in the hundreds, at present in this area with the United States and Europe and Japan and South Korea are still not a small gap.

Sinopec Association Industrial Development Department deputy director Wang Xiaofeng said: “to accelerate the development of new chemical materials industry is the inevitable choice of the petrochemical industry and focus on the development of new chemical materials industry should put competitive product planning into the industrial chain, can consider the production of electronic information industry and related materials, such as graphene existing enterprises as a breakthrough the extension of the development of graphene, the downstream industry chain.”

The next three years, the market demand will further deteriorate the situation of glufosinate. The technical barriers of glufosinate production process is very high, it is difficult in the short term related enterprises significantly expand production capacity; domestic production technology is relatively backward, the amount of “three wastes” (especially the large amount of wastewater), new capacity will be affected by the environmental capacity constraints make it difficult to fully release.

The gap between supply and demand in 2016 is expected to exceed 10 thousand tons in 2017 and even reached 25 thousand tons. Because of the obvious imbalance between supply and demand, so the short-term price is likely to occur imbalances, 2017 is expected to exceed the expected price rise.

As the domestic glufosinate Lier Chemical industry leader, has the layout of glufosinate market for many years, after years of technical research has successfully solved the technical problems in the production of Grignard reaction control and amplification of glufosinate and other major projects, with leading technology and cost advantage in china.

The company currently has a production capacity of 3000 tons of glufosinate, expected by the end of 16 expanded to 5000 tons; the company base in Guang’an is also planning a 10000 tons of glufosinate new capacity, has passed the EIA, the project is put into production, the company will become a world-class par with Bayer crop glufosinate suppliers.

In addition, the company 1000 tons / year aminopyralid project has completed construction and commissioning, and the relocation of kuaida agrochemical projects are coming to an end, is expected to achieve stable profitability next year.