Category Archives: Uncategorized

Sinopec Southern China sales company of Maoming petrochemical

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.

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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.

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In December 5th, some areas of domestic butadiene Market Overview

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%.

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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.

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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.

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Plastic prices soared: traders earn much lower

Recently, under the influence of multiple factors, the domestic field of industrial raw materials ushered in a wave of rapid price surge, steel, aluminum, paper, plastic, glass and other raw materials rise one, brought huge impact to the downstream plant. The price surge in Dongguan related industries affect the geometry? Dongguan factory how to actively respond to the new crisis in the timing of the cost pressure?

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“A month ago, we received from the supplier price letter every day, the total cost of individual products therefore increased 5%-8%, want to give orders to mention the price, foreign customers said they did not accept the price!” yesterday, Dongguan Buddha EVA Technology Co. company boss Yong Ching told reporters so describe this round of plastic “price tide” on the company’s impact.

Reporter visited found that due to the superposition of coal prices, oil logistics freight rise, multiple factors such as devaluation, relative to the beginning or lows of the year, plastic raw material prices have risen sharply this year, October is the rapid shot, even a doubling of prices rose more than 30%.

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This one, as a middleman in Dongguan large trade enterprises, plastic manufacturers have earned pours, while the downstream plastic products enterprises, such as toys, gifts and other factories, feel small cost pressure. The difference is, take the high road, the production of high value-added enterprises, capacity is relatively strong.

Market performance: part of raw material prices doubled

In the famous Dongguan plastics industry chain services business group headquarters, deputy general manager of the company operations management department Lai Boning showed the trend chart of plastic spot since the beginning of this year to the reporter. The reporter saw, after two years of downturn, PE plastic prices rose from 7000 yuan per ton at the beginning of the road, in October of this year exceeded the million mark, is currently hovering at a high of 9600 yuan, up about 4. “The more violent is PVC, the price rose about 150%, futures prices have doubled”.

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The headquarters is located in Southern China City Zhangmutou plastic well-known plastic trading platform general manager Yong party plastics made miracle also disclosed to reporters, plastic prices since October this year rose particularly badly, such as ABS, PP and PVC for more than a month rose two or three. Dang Yong said, because the domestic plastic raw material from almost half of imports, therefore, since the beginning of this year, the continued depreciation of the RMB is also caused by the rising cost of plastic. As an international commodity market, Chinese plastic products had experienced a trough, so also in compensatory growth. In addition, some petrochemical manufacturers and traders to “understanding” to increase the price, and the cover plate futures market speculation exacerbated price rises.

In fact, this round of price rise is plastic factors superposition effect. In addition to the above reasons, Boning Lai also said that coal prices in the first half of the “black line” rise, slow recovery in oil prices, also led to most of the coal chemical raw materials and rising domestic petrochemical raw materials; rectifying and standardizing the logistics industry, the logistics costs increased by more than 30% and so on, factors are also rising prices.

The traders: money market opening

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Relevant data show that until the end of May, Shanxi coal enterprises nearly 10% production losses

Relevant data show that until the end of May, Shanxi coal enterprises nearly 10% production losses, five provincial coal group in net loss. Deputy director of Shuozhou City Coal Bureau Zhao Xunzhang said that coal will lose, discontinued, plus depreciation and other expenses, but also lose.

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The overall decline in some coal miners’ wages in arrears of wages

By the coal market, Shanxi major industrial index, fiscal revenue decreased, the income of workers, coal mine safety input and transformation projects affected. Datong coal mineral company wages fell by an average of 5%, Lvliang Liansheng Group executives salary lowered 5%-10%, some private enterprises pay only to February. Shanxi Provincial Bureau of statistics data show that the wages of workers in the coal industry are year-on-year decline this year, the coal industry has become Shanxi’s only employee salary fell in the industry.

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A large group of safety supervision department responsible person said, the last group of security costs tons of coal extracted 50 yuan -80 yuan, now down to the state of high gas coal mine tons of coal 30 yuan. Due to the shortage of funds, some coal enterprise transformation project is basically stagnant. Liansheng group education and agriculture transformation project investment has been suspended. Datong coal company of modern agricultural parks, real estate and wind power projects also face a shortage of funds.

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The coal city, highlighting the downward short board urgent need to upgrade the competitiveness of enterprises

Coal city “cold”, the coal enterprise operational risk increase, the loss increases, “the disadvantages of the development pattern rely on investment and growth depends on the increment, profit by the price” highlights. Industry experts believe that the next few years, the coal market tight day will continue, the coal enterprises need to make up the short board, to enhance the competitiveness, accelerate the transformation and upgrading.

No coal, lose all

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An interview with reporters in Shanxi, the person in charge of all coal mines are said, since June last year, coal prices continued to decline, down 1 decline. Deeper than the financial crisis in 1998 20%.

Datong coal mineral company deputy chief engineer Meng Qinghong said that in October last year to 4500 kcal coal 5100 kcal per ton from 600 yuan to 620 yuan this year, fell to 370 yuan. Datong Coal Mine Group a responsible person said, the price of coal fell every day, some clients shipped coal in the sea to wander, arrival time delay. All enterprise marketing personnel in running the market, on the wagon, at port, at the user, at the back. Shanxi coking coal group sales department responsible person said, the past customers to buy coal are cash or prepayment, now use more and more user acceptance, the financial cost increase a lot. The lack of market demand, the coal enterprises high inventory. The country’s largest coking coal production enterprises in Shanxi coking coal group stock amounted to 2 million 400 thousand tons, much higher than the normal year.

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Enterprise financing burden. Lvliang City, a large coal mine enterprise loans of about 7 billion yuan, the monthly income of 55 million yuan, equivalent to 40% of sales revenue, the average loan interest rate of 7 per cent in 8. The person in charge of the enterprise said, “was not part of the loan 7 billion yuan, there is also interest in the cash account.” Datong Ganzhuang coal chairman Yang Wuwu said, the enterprise accounts receivable gradually increased, and the collection period from 25 days to 66 days.

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