In 2016 November, the country’s industrial producer prices rose 1.5%, rose 3.3% (Note: Sina Finance created in October 2011 to the maximum, 2.3% expected, the former value of 1.2%).

Industrial producer prices rose 1.8%, rose 3.5%. 1-11 month average, industrial producer prices fell 2%, the industrial producer price fell 2.7%.

First, changes in industrial producer prices up

Industrial producer prices, the production prices rose 4.3%, affecting the country’s industrial producer price index rose by about 3.2 percentage points. Among them, the mining industry prices rose 14.8%, industrial raw materials prices rose 5.8%, processing industry prices rose 2.9%. Subsistence prices rose 0.4%, affecting the country’s industrial producer price index rose by about 0.1 percentage points. Among them, food prices rose 0.9%, clothing prices rose 1.1%, the general commodity prices rose 0.7%, durable consumer goods prices fell 1%.

According to estimates, in November 3.3% of the country’s industrial producer price index rose, price hikes last year is about -0.6 percent, the new price factors of about 3.9 percentage points.

Industrial producer price, non-ferrous materials and wire prices rose 9.5%, ferrous metals prices rose 8.7%, fuel and power prices rose 6%.

In two, the industrial producer prices were

Industrial producer prices, the production prices rose 2%,

since the middle of 2014 began to slump in international oil prices in recent years, the organization of Petroleum Exporting Countries (OPEC) finally resorted to cut price measures, wait to escape the $40 / barrel following the history of the bottom of the range, the blink of an eye has completed more than 10% of the increase.

As the downstream product of crude oil in oil prices, even Yang boost, domestic futures on the cash chemicals “cost support” good varieties, yesterday received a four with Yang, methanol is the “Star” revealed yesterday, tiaokonggaokai rose 4.77%. but with rising prices, the domestic chemical futures positions decline plate outflow of funds seems to be once again long sounded the death knell, chemicals and oil city in the spring of how far?
The bottom frame of crude oil chemical change mind “”
Crude oil has been “big brother” to go and play with the chemical “little brother” nearly two years frequently “against the tube, obvious independent trend, but OPEC a booster – production agreement, seems to make them begin to change mind”, follow the old oil.

Since the production agreement reached after the news, as of yesterday, the international oil two benchmark NYMEX crude oil, the main Brent is still in the rally since November 30th, just a few days, or more than 10%. Monday Intercontinental Exchange (ICE) weekly published data show that investors hold the Brent crude oil rose to around the highest net long positions.

Once the indifferent market ushered in the outbreak of the domestic chemicals in this week
As of yesterday’s close, the domestic chemical futures, futures fell slightly in addition to PVC, PTA, PP, methanol, plastics, asphalt, chemical and other varieties have received red. From the start on Friday, methanol or expanding, yesterday led to a 4.77% increase in domestic commodity futures market. Plastic, PP, asphalt, chemical yesterday rose 1.12%, 1.92%, 1.18%, 1.42%.
“The OPEC property agreement reached freezing, far beyond market expectations, to reach 1 million 200 thousand barrels / day, and non OPEC countries will cut 600 thousand barrels a day, Russia said cuts contribute half share, or 300 thousand barrels / day. The OPEC forecasts that the crude oil market itself will be in the 3 quarter of 2017 to return to the equilibrium of supply and demand, a frozen production agreement, further promote the balance ahead of the arrival of. As a chemical raw material upstream end, crude oil rose to directly stimulate the downstream chemicals short-term price sharply upward.” XinDa of futures manager Wu Yifeng said.

However, in Wu Yifeng’s view, this is only one reason to boost the price of chemicals. He believes that with the continuous improvement of domestic industrial profits, the supply side reforms, chemicals follow the black varieties, prices continued to move up the focus is also reasonable. With similar PE/PP renewable materials imports divided by environmental restrictions, methanol regional markets lead to increased imports, chemical fundamentals bullish sentiment continues and so on, are pushing up prices continue upward downstream chemicals. At the same time, the continuous depreciation of the RMB, raise the input probability of inflation, but also further enhance the commodity prices expected.
As the source of crude oil chemicals, the volatility often traction industry chain related variety trend, but this is not the only one relationship between crude oil and chemicals prices, due to the specific varieties and different.
Related analysts explained that the crude oil as the chemical source, its fluctuations tend to traction industry chain related variety trend. Specific to the variety, plastics, PTA, PVC, methanol and other chemicals and energy of crude oil was most closely related, and most of the time these varieties of crude oil prices are highly relevant. Of these varieties, once the crude oil will be more than doubled, from the cost of these varieties boost the formation; but because of the price conduction down a certain lag, so the energy chemicals prices may lag behind the rebound in crude oil prices.

finance in November has been reviewed in November, the domestic market trend overall is xylene, fell in the. At the beginning of November, offer 5284 yuan / ton, 11 at the end of xylene offer 5228 yuan / ton, fell slightly, down 1.1%.

The domestic oil price adjustment period, the international oil prices finished lower trend, the final overall showed a slight rise, resulting in the experience of the domestic refined oil prices increase in the eighth year.

Dynamic xylene market prices in December 5th domestic enterprises or area:

Sinopec Southern China Guangzhou Petrochemical Company solvent xylene: the implementation of 5450 yuan / ton, Maoming petrochemical price 5300 yuan / ton; heterogeneous xylene: Guangzhou petrochemical, Zhanjiang Dongxing are the implementation of 5450 yuan / ton.

Sinopec Southern China sales company of Maoming petrochemical, Guangzhou Petrochemical butadiene price steady, implementation of 13000 yuan / ton, mutual supply.

Plant in Fushun Petrochemical 140 thousand tons / year butadiene at normal operation, in addition to their own use part of the export price today, for temporary stability, the implementation of 15600 yuan / ton.

Market summary: device from manufacturers, Shanghai SECCO planned maintenance plan started in November continue to be delayed, said the latest news postponed to 2017 3-4 months, pending details. Shandong Kuwait (Wan Da) September 26th parking maintenance, is still in the parking lot.

In the Northeast export manufacturers are no foreign sales, and heard the east part of the cargo delayed, the market supply side significantly narrowed, some brokers can scarce supply, obviously reluctant to sell. Is expected in the short term will continue to narrow upward or butadiene.

Finance recently, the market of domestic butadiene positive factors, there is upward trend. At the end of November, Fushun Petrochemical butadiene price increase 500 yuan / ton, the P value is 12811 yuan / ton, up 100 yuan / ton, or 0.79%.

Liaotong chemical Interoperability for butadiene, suspend the export, and the same amount of Fushun Petrochemical no export, market supply reduction, resulting in the short term business has a strong bullish expectations. Coupled with the recent HuJiao rose nearly 20000 points, very high, bring obvious boost to the synthetic rubber industry chain, butadiene market still have some upside, businesses reluctant to sell low-cost.

[ Click to view the source web page]

Dynamic butadiene market prices in December 5th domestic enterprises or area:

Sinopec East China sales company of Yangzi Petrochemical, Shanghai petrochemical and Zhenhai Refinery, BASF butadiene price implementation of 12900 yuan / ton, mutual supply, no export.

China Petrochemical (Tianjin ethylene) normal operation of 200 thousand tons / year butadiene unit, price 12900 yuan / ton for execution. For each, a small amount of export.