Category Archives: Uncategorized

On September 10, domestic acetic anhydride market stabilized

According to the data monitoring of business organizations, on September 10, the average price of acetic anhydride enterprises was 7231.25 yuan/ton, which was 0.09% lower than the previous trading day and up 47.33% year-on-year.

On September 9th, the acetic anhydride commodity index was 143.44, which was the same as yesterday, which was 13.45% lower than the highest point of 165.73 points (2018-06-19) in the cycle, which was 73.70% higher than the lowest point of 82.58 points on September 20, 2016. (Note: Period refers to 2013-02-01 to date).

On September 10, the domestic quotation of acetic anhydride was temporarily stabilized, and the market transaction price was stable. In most areas, the factory price is 6700-7100 yuan / ton, the actual transaction price is stable, the actual transaction price is about 6500-7000 yuan / ton, the market price is the reference price, the actual transaction price is subject to actual negotiation.

Recently, the price of raw material acetic acid has risen, the price of raw material methanol has risen, and the overall cost of acetic anhydride manufacturers has risen, which has formed a positive effect on the price of acetic anhydride. The operating rate of downstream customers has rebounded, and the demand for acetic anhydride is favorable. The recovery of downstream purchases provided support for the increase in the price of acetic anhydride. However, with the increase in the operating rate of acetic anhydride equipment, the supply of acetic anhydride increased, while the demand for acetic anhydride recovered slowly. It is difficult to support the price of acetic anhydride to continue to rise, raw material prices. Rising, the cost of acetic anhydride rose, the price of acetic anhydride has a strong upward momentum support, and it is expected that the price of acetic anhydride will fluctuate and adjust. The overall domestic acetic anhydride price is difficult to rise and fall sharply, with a small increase and decrease.

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Saudi Arabia grants Saudi Aramco a 40-year oil concession

According to London Bloomberg News on August 28, a person familiar with the matter said that Saudi Arabia has approved 40 years of concession rights from its state-owned oil company to exploit the Kingdom’s oil and gas reserves as Saudi Aramco is preparing for an initial public offering.

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This agreement replaces the guidelines that were agreed upon when the Kingdom initially agreed to let the company drill for oil since 1933. Saudi Aramco declined to comment, the source said, asking not to mention internal issues.

Since Saudi Aramco completed the acquisition of a local petrochemical company with a majority stake of up to $70 billion, the initial public offering (IPO) has been shelved, and this legal change may not be meaningful at first. But Saudi oil minister Khalid al Falih said last week that Saudi Arabia is still “committed to Saudi Aramco’s initial public offering” when conditions are at its best.

Falih said Riyadh re-issued “long-term exclusive concessions” to state-owned companies as part of the preparations for the initial public offering (IPO). Another person familiar with the matter said that the new 40-year concession includes a 20-year extension and will be extended for another 20 years.

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The market price of potassium chloride is stable this week (8.20-8.24)

First, the price trend

According to the price monitoring of potassium chloride in the business community, the market price of potassium chloride is stable this week. At present, the mainstream price of potassium chloride market is 2350 yuan/ton.

Second, the market analysis

Product: This week, the price of potassium chloride remained stable. The price of potassium chloride produced by producers and distributors was temporarily stable in Qinghai Salt Lake. The ex-factory price of potassium chloride was 2,350 yuan/ton. The current price of Qinghai Golmud Tibetan potassium chloride was 2,350 yuan/ton. , Tangshan Huixin Jiade energy-saving offer 2050 yuan / ton, Liaoning Xinshui chemical offer 2350 yuan / ton, Jiangsu Lianrui agricultural resources distribution company this week price 2350 yuan / ton, Anhui Badou chemical offer 2380 yuan / ton.

This week, the price of potassium chloride remained stable, and it is believed that it will be in a stable state for a while. Some of the potash fertilizer prices have risen by 50 yuan/ton, the factory’s large orders have not increased significantly, and the factory’s operating rate has also declined. However, the decline in potassium chloride may not be large, even if it is only a short-term small, but a large increase is currently not possible. In addition, the operating rate of potassium sulfate is relatively stable, and the number of new singles is not much, so the price of potassium sulfate will be reduced.

Third, the market outlook

The KCl analyst of the business community believes that the current price of potassium chloride is at a high level. In view of the current market, it should be in a stable state in the later period.

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China’s domestic chloroform market continued to rise last week (8.13-8.17)

First, the price trend

According to the monitoring of the business community, the average price of chloroform in China continued to rise this week. The average price of chloroform at the beginning of the week was around 4,066 yuan/ton, and the average weekend price was around 4,172 yuan/ton, which continued to rise by 2.61% during the week. It rose by 85.22% over the same period.

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Second, the cause analysis

Product reasons: This week, the regional differences in domestic chloroform prices are still relatively large, and the operating rate of the industry has recovered from the previous period. For example, the 440,000 tons/year installation of Jinling Chemical is normal; Dongying Jinmao has 120,000 tons/year of equipment parking. The production will soon resume; Luxi Chemical’s 220,000 tons/year plant starts at 70% to 80%; Jiangxi Liwen’s 80,000 tons/year plant is operating normally, and currently has more self-use and low inventory; Jiangsu Liwen’s 160,000 tons/year plant starts 80%. Other large-scale chloroform production enterprises are mostly self-use, and the spot supply of chloroform is tight. At present, the price of Shandong is 4010-4070 yuan / ton, the Jiangsu area is 4,500 yuan / ton, and the Jiangxi area is 4,250 yuan / ton.

Industry chain: upstream, this week, the methanol market fell slightly by 1.04%, up 25.58% year-on-year, currently around 2968 yuan / ton; liquid chlorine market is stable, liquid chlorine price in North China is between 1-100 yuan / ton, East China The price of liquid chlorine is mostly between 100-200 yuan/ton, and the company pays more discounts. The downstream refrigerant market continued to decline this week, and the industry demand is still acceptable. At present, the current mainstream price of R22 is 17500-19000 yuan/ton; because the price of chloroform is at a high level, the pharmaceutical and other industries are buying light.

Industry: According to the price monitoring of business companies, in the 33rd week of 2018 (8.13-8.17), there were 28 kinds of commodities in the chemical sector, which rose by more than 5%. Among them, one of the products with a price increase of more than 5%, accounted for 1 The number of commodities monitored was 1.4%; the top 3 commodities were sulfur (granules) (5.02%), phthalic anhydride (East China) (4.34%), and OX (3.64%). There were 22 kinds of commodities with a decrease in the chain, and 2 products with a drop of more than 5%, accounting for 2.8% of the monitored products in the sector; the top 3 products were aggregated MDI (-6.11%) and lithium carbonate (-5.70). %), polysilicon (-3.41%).

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Third, the market outlook

At present, the chloroform market is gradually recovering. Although the spot supply in the market is still tight, the downstream refrigerant market has started to weaken with the seasonal changes. The dimethyl chloride analysts believe that chloroform in the short term The market will remain strong and strong, and in the long run, the chloroform market may fall back.