In addition to the impact of the global economic and agricultural commodity prices on the market, transgenic technology promotion and resistance to pests and also affect the development of pesticide market, especially the market impact of herbicides and pesticides. Since 1996 the first genetically modified (GM) crops grown commercially since the rapid development of GM seeds, the average annual growth rate of about 10%. and its development speed is obviously faster than the three kinds of pesticides (Figure 2).

In the 25 years from 1991 to 2015, the basic fungicides showed steady growth, is the fastest growing type of pesticide products. Followed by pesticides, herbicides and fast development in the last row.

Although the share of the herbicide in the global market has declined, but still occupy the first place, and the global market plays an important role. In 2009 – 2014 years, compound annual growth rate of the global market of herbicide 4.9%., ALS- (+8.4%), imidazolones ALS- other classes (+13.7%), PPO- two phenyl ether (+6.3%), PPO- (+24.9%) and other classes of HPPD inhibitors (+12.4%) and phenoxy carboxylic acid (+6.5%) compound the annual growth rate will outperform the overall market herbicide (Table 1). The growth of these products triggered a global concern.

According to Wang introduced, imidazolinone herbicide mainly due to the growth of Americas non transgenic Clearfield crops, these crops can tolerate imidazolinone herbicides. ALS- other herbicides increased mainly because of some sulfonamide herbicides Dow development, in recent years the rapid growth of these products, such as florasulam, pyroxsulam etc.. PPO- two benzene ether herbicides increase mainly due to the development and spread of resistant weeds, especially for control of glyphosate resistant weeds. Wang pointed out that HPPD inhibiting herbicides is a kind of hot products, its resistance to appear less, while there are a number of new products in the market, so that the rapid growth of products. Phenoxyacid herbicide is a kind of very old herbicide, but its nearly 5 years of rapid growth, and is expected in the next 5 years is still growing rapidly.

2 R & D costs increase, significantly reduces the number of new products listed

Although the new product market is more and more difficult, research and development costs increased year by year, but the pesticide industry has never stopped the pace of innovation. In 2001 – 2014 years, genetically modified seeds and traits of the development costs increased rapidly, while for pesticide research and development costs of rapid growth, but the growth rate is less than the former (Figure 3).

In January 1, 2017, OPEC and non OPEC production agreement, will cut nearly 1 million 800 thousand barrels, resulting in international oil prices for the first time in the year soared, presumably, the international oil price movements and solvent market is proportional to the collective upward trend, according to the measured data to display the HC Chemical Network, acetic ester, ethylene glycol, methanol, styrene and other goods a rebound in the overall market downturn.

This price increase does not influence the market of raw materials, in addition to price factors, related factors, environmental protection and production and utilization device for raw materials market.

methanol

In 2016 the domestic methanol market upward trend. At the beginning of the year by the central bank RRR, monetary easing and other factors support, methanol market continued to rise, but with the supply pressure rise, the market remain weak shocks.

In 2017, methanol market continued weak to run, the afternoon of January 4th, Jiangyin, Changzhou, Zhangjiagang and Nantong decline in methanol market, Jiangyin Changzhou spot sold 3040-3060 yuan / ton from mentioning Nanjing Xiaochan negotiations in 3100-3130 yuan / ton since, Zhangjiagang spot sold 3050-3060 yuan / ton from Nantong area; small spot reference negotiations in 3100-3130 yuan since the lift / ton. Because the supply port or increased slightly and production of methanol plant continued losses, the expected short-term domestic methanol prices vulnerable to run.

styrene

By the soaring crude oil market of styrene, a time is difficult to support, still continue the downward trend. While the downstream load of ABS plant production, with the Spring Festival holidays, the downstream demand is not high mood, weak consolidation. Therefore, for styrene limited support, today styrene market decline, on behalf of the enterprise Tianjin Dagu, Guangzhou petrochemical, Maoming petrochemical, drop in between 200-300 yuan / ton, prices were 9850 and 9700 respectively, 9800 yuan / ton.

Chemical (OX) 2016 December oxylene prices downward trend, OX month average price of 7225 yuan / ton, compared with the first month price 7655 yuan / ton fell 5.62%, rose 46.11%.

Market analysis:

Products: decline in December the domestic market price trend of o-xylene, dragon aromatic device is still in repair, Luoyang Petrochemical overhaul, Jinling Petrochemical equipment normal operation operation, normal operation of Zhenhai Refinery device, Yangzi petrochemical equipment normal, domestic market operating rate of benzene into more than 4, the phthalate on spot supply is adequate, benzene market prices fell sharply. As the mainstream of o-xylene negotiations at the end of the market in East China fell to 7800-7900 yuan / ton, the port inventory in East China by the end of last less than 20 thousand tons, the abundant phthalate phthalate turnover scarce, market prices decline.

The industrial chain: December crude oil prices rose sharply, as of the end of WTI for $53.77 a barrel, the recent crude oil prices, downstream petrochemical products have a certain cost, but the phthalate market due to the abundant supply of goods to go bad market price decline. December domestic phthalic anhydride market prices sharply lower, as of the end of phthalic anhydride price of 7833.33 yuan / ton, a decline of 9.06%, the domestic market operating rate of 4 phthalic anhydride, phthalic anhydride market prices fell sharply in December, plasticizer industry prices fell to a certain market upstream phthalate phthalate bad, the market price decline.

Industry: recent plasticizer industry downturn in December, the business turnover is limited, the market price decline Fu phthalate.

Market forecast:

Recently the phthalic anhydride market prices fell, and the oil market prices rangebound, is expected in January the phthalate market price or will continue to fall, the price of 7000 yuan / ton.

chemical industry at present, the United States WTI February crude oil futures on Wednesday (December 28th) closed up $0.16, or 0.30%, at $54.06 / barrel. February Brent crude futures Wednesday closed up $0.13, or 0.23%, at $56.22 / barrel. A quiet holiday market prices rose slightly, maintained since mid 2015 highs near the market, and the organization of Petroleum Exporting Countries (OPEC) in January 1, 2017 to launch production cuts.

In December 29th, the Guangdong area was the light of market transactions, toluene reference price 5600-5650 yuan / ton down (Sha Tin tank), buying Guadan trading market downturn. A toluene Market in Jiangsu area, to discuss the toluene 5520-5520 yuan / ton (Zhangjiagang tank), the industry market enthusiasm is not high, light trading. Beijing and Tianjin toluene to discuss the market average, the toluene to discuss the market 5450-5500 yuan / ton, the downstream business inquiry, the real single volume light. In Shandong to discuss the market of toluene light, toluene about 5800 yuan / ton, multi port fluctuations, downstream businesses operating enthusiasm is low, the real single talks guadan. Qingdao Lidong aromatics plant running smoothly, toluene price down 50 yuan at 5700 yuan / ton. The price of us toluene market rose 1 cents a gallon, FOB US Gulf price 235.95-236.05 cents / gallon.

Near the New Year holiday, middlemen and terminal downstream market enthusiasm, the supply is relatively abundant, no actual transaction support, and the downstream oil market demand up sluggish, buying downturn, intraday narrow down. Business agency analysts believe that short-term market consolidation will be a stalemate of toluene.

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