In November 28th, the Commission issued a notice, according to the common European court verdict, the new EU Chinese tax levied oxalate on producers in Shanxi city of Yuanping province chemical industry limited production of 14.6% anti-dumping duties. Products involved in the EU CN (Combined Nomenclature) coding for ex 29171100; EU TARIC code is 2917110091).
7, South Korea’s titanium dioxide made anti-dumping affirmative preliminary determination
In May 26th, South Korea Trade Commission made anti-dumping affirmative preliminary determination for Joaquin rutile titanium dioxide, but decided the product not levy provisional anti-dumping duties.

Beijing 20, Reuters reported, Chinese chemical industry group said on Tuesday, has been to Switzerland Syngenta’s $43 billion cash offer extended to March 2, 2017.
China chemical group said in a statement, the terms and conditions of the tender offer has not changed, hoping to obtain regulatory approvals in the first quarter of 2017 has not yet reached.
China Chemical Group previously announced in November 1st that the offer will be extended to January 5th.

Wide DOP market in North China area of Tianjin higher level spot supply is tight, the raw material of phthalic anhydride crazy increase, supporting manufacturers very price, higher center of gravity. Current market reference talks price 8600 yuan / ton.

Once the market has formed a large area of gambling speculation, the price will be completely out of control due to supply and demand. Methanol first appeared on the price, the international crude oil was $100 a barrel.

Outlook: narrowing the gap between supply and demand, to sustain the mad cow

The chemicals in the future, Zhao Chen believes that price rises may have reached the limit, the gap between supply and demand is not sustainable. With the prices, the supply side there will be more companies to resume production. In the off-season, the resumption of production is likely to focus on after the spring festival.

The first half of next year will gradually narrow the gap between supply and demand, but disappeared before the price rise will continue, the cycle did not finish, but the rally cap is the balance of supply and demand the highest cost marginal capacity cost line.

In the next two years to improve profit is used more than loan expansion, so the economy will have a cost advantage is stable, the leading enterprises can share and profitability remained at a high level in the city.

The biggest impact variable price next year will be the trend of changes of coal and oil prices.

GF Securities Guo Lei in the informative summit that the commodity market is still very effective, this part of the price on the strength of pulse along the entire economic recovery strictly go.

If the whole economic recovery pulse strength than the 9 this year, October is stronger, commodity prices have reason to create a new high. Suggestions from this part before the period of products, gradually backward transfer cycle.

To improve the supply side contraction, the pattern of supply and demand, the product cycle ushered in the boom period

The chemical industry dynamic price earnings ratio of PE was 44.43, still higher than the industry average of 26.90 to ten years, from the sub sectors, focusing on modified plastics, glass fiber, fertilizer and other industry valuations are low, and less than the industry average, soda ash, glyphosate industry affected the supply side reforms, operating rates rise, supply and demand structure improve the price, pick up, at the same time, urea, silicone rubber supply shortage, low inventory, demand recovery, industry boom.

Breaking times, new materials led industrial upgrading

The chemical industry will usher in the third inventory cycle – from local to breaking, breaking the stage of industrial pattern changes, emerging demand rise, led by fine environmental protection. Three materials will burst, OLED with its flexible crimp become the main display materials to replace LCD, the upstream industry chain intermediates and membrane materials will become the main development opportunity in our country.