in the twelfth China (Shenzhen) International Futures conference of the “Dalian commodity exchange special”, glycol futures contracts and the draft rules of market debut.

In recent years, ethylene glycol market spot price fluctuations have been larger, the industry hope glycol futures market, the enterprise can through hedging in the futures market, the market price risk to resolve the use of market-based instruments.

“From the external environment, in early October, the crude oil market strong run, then the RMB exchange rate continued to depreciate and the overall atmosphere of the hot commodities, led to the recent rise in ethylene glycol. The fundamentals, the arrival of the port has been at a relatively low level, reduce the overall inventory level steadily, the total base is less; the demand side, the downstream polyester factory construction, production and sales, and overall cash flow is more comfortable, the product itself and end a virtuous cycle.” A trader in the East China region said that the recent rise in the price of ethylene glycol is mainly supported by the fundamentals and the external environment of the drive.

“This year, imports of ethylene glycol reduction of 1 million tons.” Anxunsi information manager Shen Ning said that due to foreign and domestic self-sufficiency rate of centralized maintenance device, slight increase of demand in the second half in the first half of the year and led to the recent rise of tight supply of ethylene glycol.

It is reported that, in recent years the glycol spot price fluctuations have been larger, 2010-2015, ethylene glycol annual fluctuations in the price of up to 50%, industrial customers to avoid price risk will is very strong, but only through the local class futures market hedging. “Select the electronic trading platform, our enterprise is helpless choice, if there are futures, we must to the futures market hedging.” An industry source said.

OPEC output to reach an agreement for the first time in eight years

A number of authoritative research institutions pointed out that sound, its significance is more confirmed international oil prices are expected to bid farewell to the bottom, long-term below $50 range.

But oil prices rebounded striking one snag after another. Just yesterday, oil prices fell behind, investors focus on drilling activities rising on this issue. At the same time, the producers of OPEC and non OPEC meeting over the weekend has become the focus of market attention. In addition, the recent comments suggesting that it will on the traditional approach to preserving the share price is still bored.

Monday (December 5th) published by Reuters survey, November OPEC crude oil production in October increased 370 thousand barrels per day to 34 million 190 thousand barrels a day of record, because Iraq OPEC the second largest oil producer in the rebound in exports, while Nigeria and Libya’s crude oil production has been partially restored, October production of 33 million 820 thousand barrels / day. OPEC has just thrown to the market determined to cut the test again.

According to statistics, the domestic commodity futures market yesterday chemical industry Plate outflow of funds 170 million yuan, about 5 million 850 thousand hand positions 65 thousand hands, lighten up. Yesterday, the largest outflow of funds for the coal sector, the outflow of funds 320 million yuan, capital inflows for the largest non-ferrous plate, the inflow of funds 210 million yuan.

Shocks will is the main theme

Some analysts believe that the recent oil price of chemical industry Products to support the market significantly, the recent domestic superposition chemical industry Continue to promote the market supply side structural reform, chemical industry Market focus of uplift in reason; but with positive cash, the supply and demand situation is still uncertain, oil and suspended in the city chemical industry The above goods market oversupply this “Damour Damocles” has not been lifted, the market shock is inevitable.

The current, chemical industry The weather could continue?

Finance recently, the domestic ethanol market still has some wine enterprises for environmental inspection and other reasons parking maintenance, supply, the trend is not a wait-and-see, industry mentality. The factory price is less, the price volatility is not the alcohol market.

In December 5th, part of the domestic ethanol market overview:

Wait and see the alcohol market stability in Shandong, ordinary wheat alcohol price mainstream discussion at 4700-4750 yuan / ton tax, general level of cassava ethanol price mainstream discussion at 4600-4700 yuan / ton tax, high corn alcohol mainstream discussion to 4800-4900 yuan / ton tax, downstream receiving goods stable, market trading temporarily.

Jilin area ethanol consolidation, the current market mainstream transaction price: ordinary corn ethanol mainstream price 4350-4400 yuan / ton tax, high corn ethanol mainstream price 4400-4500 yuan / ton tax, ethanol mainstream price at 5100-5200 yuan / ton, the stock is not much, weak downstream inquiry atmosphere.

Guangxi COFCO biomass energy Co., ethanol prices, edible ethanol price increase 50 yuan / ton, 5400 yuan / ton, ethanol prices unchanged at 6300 yuan / ton.

The consolidation of cassava ethanol market in South of Jiangsu area, ordinary alcohol mainstream negotiate prices in 4750-4850 yuan / ton tax, anhydrous alcohol to mainstream price 5400-5450 yuan / ton tax since, wine prices more stable delivery, the execution of the contract.

Cassava alcohol market in North Jiangsu narrow finishing, ordinary tax offer in 4630-4680 yuan / ton tax, high alcohol in 4720-4750 yuan / ton tax, ethanol mainstream price 5220-5300 yuan / ton tax, high yield increased slightly, the downstream receiving goods to maintain demand.

Market summary: the new season the amount of corn before the arrival of the peak, feed demand continues to be weak, deep processing enterprises strong wait-and-see attitude, the market outlook continues to rise space limited. This week, the domestic market of ethyl acetate market continues to rise, but the rise is not a mainstream market. The ethanol market is consolidation, market demand has not improved, the wine enterprises shipped flat, ethanol is expected short-term market volatility is not.

finance and the current domestic corn market has to return to reason, and in the northeast corn market volume amplification, to further expand the downstream demand for fear of weakness in the case, the local area prices may continue to decline. The general demand for downstream products, goods fair. Is expected in December food grade xylitol market consolidation.

In December 5th, the domestic parts of xylitol market overview:

Shandong Futian Pharmaceutical Co., Ltd. offer for 25000 yuan / ton.

Zhengzhou Longsheng chemical products Co., Ltd. offer for 25000 yuan / ton.

Ji’nan healtang biotech Co., Ltd offer 25000 yuan / ton.

Jiangxi Zhen ran biotechnology limited company offer 28000 yuan / ton, turnover constant single.

Market summary: November domestic food grade xylitol market overall is relatively stable, no significant fluctuations in market prices. At the beginning of November, the domestic food grade xylitol market has been in a steady light, the market is relatively stable, some enterprises reflect the market for the better, but the price did not make a significant adjustment, the market price remained stable, and individual enterprises to stop bidding.

Finance recently, the domestic market by raw materials cost effect is very high, the trading floor atmosphere was active at the beginning of the month, traders more profitable shipments, 11 month continuous increase in spot prices of adipic acid manufacturers, distributors market cautious, cheap sell mentality is heavy, the downstream users of raw material price of adipic acid the rapid upward wait-and-see attitude, multi demand procurement.

In December 5th, the domestic parts of oxalic acid Market overview:

Shandong supply spot prices in the 9500-9600 yuan / ton.

Jiangsu spot price in 9600 yuan / ton.

Liaoyang supply cash offer in 9800 yuan / ton.

Market summary: November, adipic acid market all the way up, 11 months late in the 300 thousand tons of production equipment, increase market supply, other manufacturers are under the current market device is stable, relatively abundant supply of adipic acid; the chain rose sharply, adipic acid manufacturers very price strong intention of downstream users receiving high resistance, was forced to rise market.

December is expected to continue to push up the cost of adipic acid market, prices Zhangfuquhuan, overall warmer operation.

The central branch of Sinopec Changling refinery, xylene: Wuhan petrochemical, China Petrochemical 4700 yuan / ton, the market is weak, supply of goods is not much, the general sales.

Sinopec East China sales company: BASF, Zhenhai Yangtze xylene solvent xylene quotation implementation of 5600 yuan / ton, price stability.

North China sales company Sinopec Qingdao refinery, Tianjin: xylene ethylene and Shijiazhuang refinery implementation of 4700 yuan / ton.

Operation of Liaotong chemical aromatics plant smooth, solvent and non-standard xylene heterogeneous execution price 5380 yuan / ton, inventory, sales, xylene market price stability.

Market summary: The recent price rise first and then decline and xylene stabilization, the end of the month the price stabilization, production has not reached an agreement, the crude oil market price is not to pile up in excess of requirement, boosted by crude oil prices are also difficult to break through the effects of xylene xylene, expected future prices rose steadily.

According to the National Bureau of statistics, due to lack of demand, prices fell, from 1 to March, coal mining and washing industry profits fell 41.2%, ferrous metal smelting and rolling processing industry decreased by 19.9%, non-ferrous metal mining industry decreased by 15.6%, non-ferrous metal smelting and rolling processing industry decreased by 13.6%, oil and gas extraction industry decreased by 6.3% 5, a decrease in total industry profit 39 billion 460 million yuan, down 17.7%.

According to media reports, a quarterly loss of large coal enterprises has been expanded to 44.4%. “Sell a ton of money less than six, even two bottles of drinks can not afford, and some companies even produced a loss of more than and 20 dollars per ton of coal, many companies have discontinued.”

From Fujian, mining machinery and equipment business in Inner Mongolia Baotou, Lin Hui said, with the mine shut down production, the mining equipment market two years getting smaller and smaller, earlier this year, he decided to leave the work for many years in Inner Mongolia.

This is mainly in the energy and chemical production provinces considerable impact. As the energy industry in Heilongjiang Province, the proportion of the energy industry is very high, but a quarter of the energy industry growth rate of the first negative growth of -2.2%. The added value of negative growth oil accounted for 50% of above scale industrial proportion about Daqing appeared over the years never had.

Reflected in the economic growth, a quarter of Heilongjiang GDP growth rate of only 4.1%, only 4.2% of Hebei Province, Shanxi coal is only 5.5%, the growth rate over the past more than and 10 years has lead the country in Inner Mongolia, the growth rate of only 7.3%, lower than the national average.

Hu Xiaodeng said that the current situation to make upstream downstream loss is not absolute. “Two or three years or 35 years may also be a reincarnation.” Under the laws of the market, the upstream energy and raw material prices fall, will lead to the withdrawal of part of the capital, reduce production in the future as demand stabilized, prices are likely to rise again.

He believes that the energy and chemical flagship of the province, in the upstream industry downturn, to adjust the industrial structure itself to a single energy based, full of its own industrial chain, strengthening the building part of the new pillar industries and main industries, restricting the breakthrough of traditional single resource-based industries.

Three years Hedong Hexi three years.

Just two or three years ago, energy prices due to upstream and downstream manufacturers continue to squeeze profits. Now, with lower commodity prices upstream, downstream profits among manufacturing enterprises has improved significantly.

Guangdong Provincial Bureau of Statistics recently released data show that in the first quarter of 2014, Guangdong scale industrial enterprises realized a total profit of 113 billion 537 million yuan, an increase of 26.7%, an increase of 1 compared to February increased by 19.2 percentage points, 16.6 percentage points higher than the national average.

From the industry perspective, in the 40 industry statistics, a quarter of Guangdong’s 33 industry gross profit increased, growth amounted to 82.5%. The new profit mainly concentrated in four industries, including computer, communications and other electronic equipment manufacturing industry increased profit of 7 billion 92 million yuan, an increase of 60%, an increase of automobile manufacturing profits 4 billion 583 million yuan, an increase of 68.6%, electrical machinery and equipment manufacturing industry increased profit of 2 billion 672 million yuan, up 35.9%.

A big reason for the profit increase is the main business income growth, but the cost down. Guangdong Provincial Bureau of statistics, a quarter more than the province’s main business revenue grew 7.7%, the growth rate of 1 to February increased by 1.7 percentage points; the main business revenue per hundred dollars of the cost of 85.32 yuan, down 0.36 yuan, equivalent to an increase of about 8000000000 yuan in profits.

The cost of the decline, largely because of the decline in raw material costs. According to the National Bureau of statistics, March producer price, non-ferrous materials and wire prices fell 7.4%, ferrous metals prices fell 5.2%, fuel and power prices fell by 3.1%, chemical raw materials prices fell 2.6%.

“Now Chinese macro economy and overall demand, oversupply.” The economy of the Guizhou provincial government counselor, Guizhou Academy of Social Sciences Institute of Hu Xiaodeng analysis, resources, energy industry to present a fluctuation curve of the bottom, and the market demand of the downstream industry is relatively stable. “The lower prices of upstream products and downstream manufacturing industry is definitely a positive, because the cost benefit ratio increased.”

The price drop in driving the downstream industry profits rose at the same time, also led to a lower upstream end of the energy and chemical industries.

“From this year plans to invest nearly 3 billion yuan, for natural gas heating and cooking facilities, so that the city and township residents near two years can use natural gas.” Held in the days before the clean air an interview, Miyun county magistrate Wang Haichen said, and the City Gas Corporation has signed a cooperation agreement as soon as possible so that the county residents with high quality natural gas.

Wang Haichen said, the county has been at the beginning of the year and the city gas company signed a “deepening clean energy cooperation framework agreement”, from this year plans to invest nearly 3 billion yuan for natural gas heating and cooking facilities. At present, the county has the construction of natural gas pipeline natural gas pipeline 270 km, more than 50 thousand users. According to the cooperation agreement within two years in addition to urban residents to enjoy the high quality of natural gas, Xitiangezhuang, Xi Weng Zhuang, Jugezhuang mujiayu town center, four residential areas will also achieve the natural gas pipeline to villages and households, the annual amount of gas will be increased to 500 million cubic meters from the current more than 1600 cubic meters.

This year, Beijing City, PM2.5 from 1 to November, the average concentration of 90.2 micrograms / cubic meter, Miyun PM2.5 73.4 micrograms / cubic meter, in second counties of Beijing city. Wang Haichen said, according to the “clean air action plan”, the annual average concentration of PM2.5 in Miyun in 2017 than in 2012 fell 30%, which reached 50 micrograms / cubic meter. As a large agricultural county in Beijing, Miyun to bare land dust is a major problem facing this goal.

“To the dry climate in winter, bare farmland dust is the common problems in northern.” Wang Haichen introduction, the county’s bare farmland, land tillage measures, biological cover, stubble no tillage to prevent dust pollution, road and waterway along the public green space requires relevant departments to implement green.

daily since the current round of domestic oil price cycle since the beginning, the international oil price shocks, the downward trend is increasingly obvious.

At the end of October, OPEC officials including Russia and non OPEC officials for a period of two days of consultations in Vienna, but ultimately failed to reach any agreement.

Under the pressure of international oil prices, the oil price adjustment aground