August is about to end, the summer fleeting, but this year the solvent oil market this summer can be said to be a miserable. To further strengthen the safety of production work, and strictly implement the responsibility and measures to prevent security and effectively prevent and resolutely curb the major accidents for the party’s victory held in 19 to create a stable production environment, with the consent of the State Council leaders agreed to 2017 July to October in the country to carry out safety inspection. Since the end of July a variety of environmental safety inspection work has been escalating, Shandong area ushered in batch after batch of environmental safety inspection work, replace the coal-fired boiler bear the brunt, emergency safety valve installation, the next port transformation and so on some column transformation work continued In progress, the production of dangerous chemicals, production safety permits, environmental certification certificate and other incomplete procedures have also been ordered to suspend work.

At present, Shandong environmental safety inspection work continued to ferment, the market was “pollution” “banned” “shutdown” “cut” and “transformation” and so on a series of words full, as of August 24, it is understood that 23 Shandong solvent oil production enterprises , The shutdown of the business accounted for about 70% of the current market in Shandong, the overall supply line plummeted, and the start time is expected to be the fastest in mid-September or later, then it means that in the next few months, Shandong Solvent oil market or will continue this situation of insufficient supply.

In terms of demand, the major industries in the solvent downstream of the solvent oil, adhesives, paint solvents, cleaning agents and other industries are also affected by environmental pressure, such as reconciling oil companies due to incomplete factors such as the impact of the majority of the normal start, and With the continuous upgrading of gasoline and diesel quality, low-quality resources for the demand will continue to decline, Shandong part of the non-standard resources quality upgrade is imminent; adhesives, paint solvent for environmental protection part of small and medium enterprises have been suspended, some enterprises Upgrade to the majority of water-based solvent, leading to a significant decline in the demand for traditional solvent.

At present, the solvent oil market is affected by environmental safety inspection, the overall market performance relative stalemate, although the supply side of the reduction in the overall market prices led to a certain rise, but no cargo air prices is not a long time, so since August solvent oil Although the overall price of the market price upward, but the overall market buying and selling atmosphere is not hot, the overall market stalemate situation is more obvious. 2017 to catch up with environmental protection thorough investigation, although the overall oil chemical industry and even other industries caused by greater impact, but also the best time to reshuffle the industry, the solvent oil industry will continue to face the late transition.

According to Kuala Lumpur on August 25, Malaysia spot tin prices reported $ 20,500 per tonne on Friday, down $ 50 from the previous session. Volume down to 21 tons, the previous trading day for 25 tons.

August 25 CFR China ethylene glycol offer up, reported 898 US dollars / ton, compared with the previous day raised 18 US dollars / ton.

August 21 Asian p-xylene market closing price rose 3 US dollars / ton, the closing price of 807-809 US dollars / ton FOB Korea and 825-827 US dollars / ton CFR China.

LONDON (Reuters) – London Metal Exchange (LME) climbed to its nearly 10-year high on Monday as speculative buying was expected for a serious shortage of supply this year, but technical could limit gains.

London time on August 21 17:00 (Beijing time on August 22 00:00), three-month zinc closed up 0.1 percent at $ 3,125.5 per tonne, once hit the highest since October 2007 the highest price of $ 3,180.5 The

“There is a lot of buoyant buying in the market,” says Eugen Weinberg, an analyst at Commerzbank. “There may be price corrections, because price levels at these levels may mean that the closed capacity will recover.”

“Weak demand and higher supply in the medium term mean that the current price level is difficult to maintain.”

International Lead and Zinc Research Group (ILZSG) said that the first half of this year, zinc market supply shortage of 203,000 tons, as of the end of June the total inventory of 1.16 million tons, lower than the end of March 135.5 million tons.

In a recent survey, analysts on average expected zinc city this year will be in short supply of 412,000 tons.

From a technical point of view, the price of zinc support at 2,900 US dollars, the first on the file resistance for the Fibonacci retracement 3,200 US dollars.

Monday LME zinc stocks were 247,850 tonnes, down more than 40% from the beginning of the year. Cancellation of warehouse receipts close to 50%, also raised the LME market supply shortage concerns.

Concerns about tight supply in the market narrowed the spot zinc contract by more than three months of futures premium, from early April to more than $ 27 per ton narrowed to nearly $ 7.

Other metals, the three-month copper closed up 1.6% at $ 6,586 per tonne.

It is reported that the free port of Indonesia branch Grasberg mine is expected to resume output.

Three-month nickel closed up 3% at $ 11,315 a tonne, up from $ 11,355 in mid-December.

LME data show nickel out of the warehouse receipts rose sharply to 35%, nickel prices rose.

Concerns about nickel supply to the world’s largest nickel ore exporter – nickel prices in support of nickel prices this year. The same time as

Three-month aluminum closed 0.9% higher at $ 2,081 a tonne, and China’s environmental remediation boosted aluminum on the previous period at $ 2,112, the highest in September 2014.

Spot aluminum premiums were $ 9.50 per tonne on Wednesday. A month ago for the premium $ 26.

International Aluminum Association (IAI) data released on Monday, in addition to China, the global average daily production in July 70,100 tons of aluminum, flat in June. Excluding China, global aluminum production in July was 2,373,000 tonnes, up from 210.2 million tonnes in June.

China’s daily production of aluminum in July fell to 86,600 tons, in June to 97,700 tons.

Three-month lead fell 0.6% to $ 2,348.

Three-month tin closed up 1.3% at $ 20,500 a tonne.