reported on 22, the next round of domestic oil price adjustment will open in January 25th, it will be 2017 before the Spring Festival last price adjustment. The international crude oil prices by a lot of bad news on volatility down, affected by the domestic oil – year four rising after this round of adjustment, the domestic refined oil or slightly lower, before the five rising edge”.

In January 20th, sixth working days of the gasoline and diesel price cycle, many agencies predicted oil prices will be lowered. Information Analyst Hu Huichun believes that the current implementation of production agreement is not clear, the dollar exchange rate shocks in crude oil prices, lack of power, the next valuation cycle, and crude oil prices remain high or stabilized, do not rule out the possibility of lower. At the same time, crude oil fell for two days recently pulled a low valuation crude oil price level cycle. The effects of comprehensive factors, the next valuation cycle, changes in crude oil reference recalculation rate will be in a negative shock within the domestic refined oil retail price or missed the five rising, lower probability of great.

JOYOU information data show that as of January 20th Beijing time, JOYOU estimates the rate of change of -0.65% crude oil price JOYOU $54.9 / barrel, compared with the benchmark price of 0.36 U.S. dollars / barrel, crude oil price of $54.379 a barrel in Asia, compared with the benchmark price of 0.440 U.S. dollars / barrel. JOYOU information analysis, this round of refined oil retail price or down 50 yuan / ton.

Industry chain: the domestic market this week go high acetone. Raw materials, benzene market rose significantly, the large increase in the cost of support, 3-acetyltropolone traders increased confidence, mainstream manufacturers concentrated raised ex factory price of 200 yuan / ton, propylene market rose 50-150 yuan / ton, the overall cost of a slight change. The market, manufacturers of ex factory price, trade daily dish with the rise, but because the holiday is approaching and transport restrictions, the downstream plant inquiry is not positive, discuss the market atmosphere light. At the weekend, East China acetone market price in about 7450-7500 yuan / ton, around Yanshan acetone market price of 7600 yuan / ton, negotiate prices in Southern China at about 7700-7800 yuan / ton.

Market forecast

Next week, the main raw material of acetone and the smooth operation of the market, with the logistics market gradually outage, take the goods is limited, and because the Spring Festival is approaching, traders and downstream factories also gradually away from the city, the reduction in demand, turned pale. Next week is expected to domestic isopropanol market volatility is limited, the market continued weak.

[hot] Gade chemical network daily this week isopropanol price fluctuations, the beginning of the week the isopropanol price was 7870 yuan / ton, the weekend price of 7895 yuan / ton, rose 0.32% this week, the current prices for the same period last year rose 66.80%.

quotations analysis

Good product: this week the domestic isopropanol market trend, the mainstream manufacturers offer a steady increase in the week. The cost of raw materials, acetone market is higher, propylene market narrow, limited range, cost little change. The market, kyline device restart failed, Tokuda no driving plan, Su Pu plan years ago to stop, the market is still in a state of oversupply, the mainstream manufacturers offer more based on stability. Downstream demand is weak, the market buying sluggish. At the weekend, the Shandong area to discuss the isopropanol interval 7400 yuan / ton, East China isopropanol talks interval 7700-7800 yuan / ton, Southern China area to discuss in the range of 7900 yuan / ton.

March Brent crude futures set Tuesday (January 17th) fell $0.22, or 0.20%, to settle at $55.48 a barrel in March; U.S. crude oil futures set up $0.16, or 0.34%, to $53.33 a barrel.

The highest intraday rally Tuesday by oil prices down, because the United States and Russia oil producers later this year will increase the yield estimates, offsetting the decline of the dollar and Saudi Arabia said it would comply with the organization of Petroleum Exporting Countries (OPEC) cut promises to boost.

The dollar against a basket of currencies fell to near six week low, after the U.S. President elect Trump said the dollar is too strong, is not conducive to the competitiveness of the u.s.. A weaker dollar makes dollar denominated oil for other holders of money more cheap.

PSW Investments managing partner Phil Davis said, “in fact, oil than it seems to be weak, because is was boosted by the dollar’s fall,”

Earlier Tuesday, oil prices have some support, the main crude oil exporter Saudi Arabia Saudi Arabia said, will strictly abide by an agreement between OPEC and Russia and other non members of the OPEC production agreement. Under this agreement, OPEC and Russia and other non OPEC oil producers will cut nearly 1 million 800 thousand barrels a day, the first implementation of six months, to help restore the balance of supply and demand.

According to the data handling and industry sources, January up to now, southern Iraq’s oil export terminal is reduced, showed that OPEC second producers are performing production agreement. But oil prices from the highs, because the United States and Russia is expected to increase in production, the market for OPEC overall commitment to reduce supply comply with doubt.

According to a Reuters survey, analysts expected the end of June global production in 2017 after the expiry of the agreement, Russia’s crude oil production will reach a record high after the Soviet era. Energy consultant Ritterbusch&Associates President Jim Ritterbusch said in a report: “Libya, Iran, Iraq and Nigeria oil production strong and increasing production effect of Russia will be reduced by OPEC/,”

held in Beijing in January 13th, the fertilizer value of Industrial Technology Innovation Alliance Annual Meeting 2016 news: 2016, value-added fertilizer in the national key project development plan, the national chemical industry standards and industrial development to achieve a major breakthrough. especially

It is already released and will be implemented in April 1st this year, the “containing humic acid urea” and three industry standards, means that the value of fertilizer officially entered the stage of industrialization.

The meeting revealed that the current value of the fertilizer industry technology innovation alliance member enterprises has reached 42, newly added fertilizer production capacity of 10 million tons. In 2016, Hubei Yihua, Shanxi Yuntianhua, Shuifu, Shanxi Tianze orchids, Shanxi coal energy, Qinghai Saline Lake, Sichuan Meifeng such enterprises started production of value-added urea, boost value-added urea production doubled year on year, reaching 900 thousand tons. The value of fertilizer market of more than 180 tons, the value of more than 90 tons of urea, the value of more than 60 tons of compound fertilizer, ammonium phosphate, added more than 10 tons of value-added mixed fertilizer 200 thousand tons, promotion area of 60 million acres, grain yield 3 billion kg.

Union chairman, China Academy of Agricultural Sciences Institute of agricultural resources and regional planning director Wang Daolong said that the value-added fertilizer technology in China from scratch, industrial products have been expanded gradually, covering the whole country, the industry pattern has been formed. Especially to celebrate, the drafting of the “coalition units”, “containing humic acid urea containing alginate and alginate” urea “fertilizer” will be implemented in April 1st of this year. Implementation of the “three industry standard marked by a variety of value-added fertilizers in order to become an industry, will make greater contribution to the efficiency of the national weight.”

The Secretary General of the League of researcher Zhao Bingqiang, 2016, “the new compound fertilizer and water soluble fertilizer development project for the national project, will focus on the development of new high value-added fertilizer, the sky, Azerbaijan, SINOFERT, kaimenzi enterprise alliance members are involved in the implementation of the project. In 2017, the alliance will focus on promoting the new synergistic agent research and development, and strive to complete the “AP”, “containing humic acid containing alginic acid ammonium phosphate” industry standards, value-added fertilizer production capacity for production exceeded 20 million tons, and strive to exceed 2 million tons.

The raw material Department of the ministry Director Zhang Wenming introduction, the Ministry has been the development of humic acid, alginate and other value-added fertilizer included in the fertilizer industry to promote transformation and upgrading of the guidance. And the National Agricultural Technology Extension Service Center of the Ministry of agriculture office director Xin Jingshu believes that the synergistic effect of fertilizer was added to lose weight, will play a more important role in the chemical action of zero growth. Chinese Academy of agricultural science and Technology Management Bureau Director Mei Xurong said, hope that added fertilizer technology to provide more effective support for the national agricultural science and technology innovation.

China Nitrogen Fertilizer Industry Association, Gu Zongqin pointed out, has opened up a new path for the adjustment of the structure of value-added fertilizer nitrogen fertilizer industry, hope alliancemembers good product quality, improve product protection and anti-counterfeiting awareness, and jointly promote the healthy development of value-added fertilizer industry. Deputy managing director of Chinese phosphate & compound fertilizer industry association study to achieve peak traditional phosphate fertilizer, compound fertilizer efficiency of modified highly value added by technology, and that 2017 will add value to the organization of ammonium phosphate and compound fertilizer added to observe the scene.

At the meeting, China chemical, chemical fertilizer, water rich Junhua sky, heart and other members of the League business representatives to share production and promotion of value-added fertilizer experience.