daily after entering October farmers use fertilizer reduced into fertilizer light storage season.

The price of fertilizer is low, the biggest temptation to dealers light storage. In 2015, fertilizer prices fell almost across the board, according to market monitoring data, urea, ammonium phosphate, potassium chloride, compound fertilizer prices fell by 11% to 20% years, the current price in the rare case of low.

In the summary of Zhou Changyi fully affirmed the petrochemical industry has made achievements in the field of intelligent manufacturing, the propulsion system of petrochemical industry intelligent manufacturing put forward five measures. One is continuing to carry out pilot demonstration. Hope that through this exchange, next year the petrochemical industry have more enterprises included in the third batch of pilot demonstration. The two is to promote the intelligent transformation. On the application of hazardous chemicals relocation project clearly, intelligent transformation through relocation, implement upgrading, the key is to improve the intelligent transformation of enterprise intrinsic safety level. The three is the pilot to carry out the wisdom of chemical industry park. The Ministry has been commissioned by the Petrochemical Association of chemical industry park to carry out the wisdom of the pilot work and carry out the awarding. Four is the establishment of standard system. The Ministry and the National Standards Commission has established the intelligent manufacturing standard Easy Access, simplifies the intelligent manufacturing standard project procedures, the petrochemical industry standard of intelligent plant is ready, the next step for the industry as the first representative of the project. The five is to carry out a pilot industrial internet. In this year’s intelligent manufacturing pilot demonstration project, the Zhenhai Refinery and double star group as the Internet industry pilot. Next, the Ministry will timely tracking the progress of the pilot, evaluate the work, for the next year to gradually expand the scope of the pilot.

Last week, Changyi asked the main person in charge of the enterprise attaches great importance to the intelligent manufacturing work, good protection in planning, funding and personnel etc.. The chemical industry park to build wisdom Chemical Industry Park as an opportunity to continuously improve the level of safety and environmental protection of chemical industry park. Petrochemical Association to organize research, strengthen guidance. Around the Commission by letter to the construction of the chemical industry park to assess the safety and environmental protection, there are risks to take active measures to reform. According to media association, “2025″ Chinese manufacturing, intelligent manufacturing of the importance and urgency to carry out the propaganda of chemical industry, create a good atmosphere for public opinion to promote the intelligent manufacturing industry.

Yip’s chemical finance director He Shihao said that the first half of this year net profit fell 32%, dragged down by the dividend tax foreign exchange losses and domestic companies such as the distribution of profits, excluding the two expenditures, net profit was roughly comparable. He said the second half of last year, the company recorded a loss, but this year the price stabilization and reduce company debt, the second half of the dollar, the cost of raw materials and the impact of exchange rate fluctuations will be small, performance will be further improved.

He pointed out that the first half of the sales rose by 14%, but the turnover fell back to 11%, mainly due to the price at the price of raw materials, the corresponding decline in the price decline, but also because of coatings business because the market requirements of environmental protection to the low prices caused by water paint.

Yip’s chemical inflection point performance or in this year

Under the flag of Guangdong’s chemical industry Jiangmen Kenshin chemical industry is the world’s largest producer of acetic ester solvent, is also one of the top five hundred enterprises of chemical Chinese. In August 19, 2016, Yip chemical group released half year results announcement, the first half of 2016, the group turnover of approximately HK $3 billion 812 million, down 11%; gross margin increased by about 1.9 percentage points to 18.5%; the company profit attributable to shareholders of HK $56 million 389 thousand, down 32%, if the deduction of foreign exchange losses and profits of domestic companies pay dividend tax compared to the same period, profit roughly comparable. During the period, earnings per share of 10 cents; the proposed interim dividend of 5 HK cents per share.

Notice that the group total product sales rose 14% to about 539 thousand tons, but the price is still with the raw material prices fall, resulting in the amount of sales fell 11% to HK $3 billion 812 million.

Recently, downstream manufacturers equipment operating rate of acetic anhydride acetic anhydride slightly higher than before the increase of downstream users started, downstream procurement efforts to increase, but still just need to give priority to, acetic anhydride market take the goods slightly improved, and the raw material of methanol and acetic acid prices pull, acetic anhydride market prices.

This year, affected by acetic acid raw materials, promote coal, methanol prices rose, the price from February this year, 1680 yuan / ton up to the current 2350 yuan / ton, up 40%; acetic acid spread also increases.

According to the understanding of smart finance, mainland A shares Hualu-Hengsheng (600426.SH) acetate prices rose 100 yuan / ton, is expected to thickening of Hualu Hengsheng EPS about 0.026 yuan. As one of the world’s largest producer of acetic ester solvent Yeshi chemical group (00408.HK), yield and Hualu-Hengsheng almost believe that at the end of the performance benefit of money.