Henan coal group in 2008 approved by the Henan provincial government, the original Yongcheng Coal Group, coking coal group, Hebi Coal Group, Zhongyuan Dahua Group, Henan gas group and other 5 enterprises reorganization of the establishment of large state-owned coal chemical enterprises. Currently has reserves of about 40000000000 tons of coal resources, molybdenum The metal reserves of about 1500000 tons, nearly 16 tons of bauxite resources at home and abroad.

Coal is one of the largest coal enterprises in Henan province government management, main coal mining, coal chemical industry, aluminum smelting and other business. Mine is located in Henan and Qinghai, Xinjiang, Shanxi, Inner Mongolia five provinces (area), mine has a production 22, and into the development of coal resources in Australia in 2011.

The announcement also said that the new group will accelerate the integration of assets and business, industry and product advantages as soon as possible. The coal sector listed as the platform, through the issuance of other forms, and gradually realize the coal business overall market, improve asset securitization rate.

Coal ambitious coal analyst Zhang Zhibin told the “First Financial Daily” the reporter said, according to the two current coal enterprises production, directly after the merger into the ranks of million tons of enterprises, and will play the advantages of the industrial chain.

“In 2012 Chinese ranked in the top 100 coal enterprises in Henan coal group to 84 million 830 thousand tons of coal output ranks third, coal to 33 million 620 thousand tons of coal output ranks twenty-first, after the merger of the two, annual coal production will exceed million tons. In addition, after the merger of two, reduce intermediate links will also save coal sales, finance, management and other three costs, the financial costs, reduce cost of sales.” Zhang Zhibin said.

However, great energy also said the restructuring required by the government of Henan province SASAC report to the SASAC of the State Council, the SASAC approval by the state council.

daily is the off-season in November this year has appeared in the acetic acid market continued upward, even in late November, manufacturers still unabated increase intention. So why such a strong rally in acetic acid?

Since November to enter the off-season, the market price of acetic acid market down, but continued upward this year, even in late November, manufacturers still unabated increase intention. Industry has greatly exceeded the expected gains, so why acetate so strong?

We know that the “golden nine silver ten” the traditional peak season, chemical products prices rose in varying degrees. This year, the traditional peak season, both the raw material supply, demand, or export, support the efforts of each factor were higher than in previous years.

Methanol feedstock Market

After the national day, methanol market appeared hot up the situation, the cost of forming a strong support on the surface of acetic acid. After entering in November, methanol futures market volatility, the market is like a roller coaster, unbearable. The effect of methanol Futures Volatility, port spot also xianyihouyang, fell to the lowest 2315 yuan / ton, then upward. It is worth mentioning that, by the end of November paper delivery, accelerated depreciation of the RMB and other factors, the port of methanol spot focus further upstream, the maximum rose to 2580 yuan / ton.

The supply side

Acetic acid supply remained tense, because in October the disk prices continued to rise, domestic demand and export orders are acetic acid, hot spot, acetic acid continued tight supply, November in the north or in short supply. In addition, the domestic equipment maintenance information is relatively concentrated, October domestic equipment operating rate fell to the lowest 62%, East China domestic and export orders for manufacturers delivery, spot supply gap, the north south part of the supply, resulting in low inventory of the North China market itself Huojin degree increased.

By mid November, although the maintenance device gradually restart, and constantly improve the operating rate. Even some manufacturers because of Huojin stress, occurrence of overload. It is still difficult to supplement the market supply gap.

Table 1 10-11 in the maintenance of domestic acetic acid plant.

on Thursday (December 1st) oil prices rise 4%, Brent crude oil hitting about a maximum of 16 months, the continuation of the organization of Petroleum Exporting Countries (OPEC) and Russia reached an agreement with the rapid decline in global production, excess supply after the rally.

Nevertheless, on the market but there are still some doubts about the production problems. French Foreign Trade Bank in London Abhishek Deshpande to the people poured cold water. “OPEC is coming back,” said Deshpande Abhishek. “But, beware.”

While this may be disappointing, but Deshpande is right, there are many reasons for people not be reduced to 1 million 200 thousand barrels of the agreement become dizzy with success, the biggest reason is that OPEC members themselves do not comply with the agreement.

Morgan Stanley expects the US shale oil drilling will increase, from Asia to Beihai investment will increase, rising oil prices limited space, by the end of 2017 the market performance or disappointing.

Goldman Sachs estimates up to $60, or the second half of next year fell to $50 a barrel. Holdings of U.S. shale oil assets in the Mitsui Co of Japan predicted oil prices will drop to a range of $40 over the past six months.

Oil prices may rise to $60, but the shale oil industry will increase, prices may fall back, Japan’s Mitsui Financial Officer Keigo Matsubara said in an interview Thursday. “Oil prices will not continue to maintain at more than $50.”

as the first three quarters of this year, the regeneration of PVC imports has exceeded 320 thousand tons, more than 2015 total imports of 25.93%. according to the current monthly imports of 36 thousand and 400 tons, imports in 2016 is expected to exceed 450 thousand tons, in 2016 imports QoQ regeneration of PVC or 90.68%. is driven by the demand for the release of feed back the most direct cause of rising imports. Which is representative of the PVC plastic tile, used in residential construction, park construction, corridors and other public places.

Before the steel tile in these areas occupy a larger market share, but with the continuous development of plastic products, the use of color steel tile defects: poor sound insulation, easy to heat, corrosion and other serious rust. The plastic tile has the advantages of light weight, anti noise, insulation, easy installation, seize the market slowly PVC tile. In many old village renovation project, plastic tile has become a popular trend.

In 2016, rising imports of recycled PVC, not only because of the demand for the release, the direct reason for the surge of new material is PVC silent for 5 years, making the material back to the price advantage is increasingly obvious. The intention to purchase the material back to the factory doubled.

The new material of this wave of rising prices from June onwards on the horizon, and continues to this day, the East China SG-5 as an example, since June 27th the price of 5450 yuan / ton, while the price since November 23rd has soared to 7900 yuan / ton, up 2450 yuan / ton, or up to offer 44.95%. and renewable materials is as calm as water, until earlier this month, it ushered in the recycled materials offer generally rose, rose is not on par with new material. With Hebei white plastic waste powder superfine crushing GB as an example, the June 27th price 3800 yuan / ton, while in November 23 daily disc is only 3950 yuan / ton, up 150 yuan / ton, rose only 3.95%. new material of renewable materials prices driven by the lag, the recycled material price advantage is increasingly obvious. The factory enthusiasm purchase material rising. With the shortage of domestic wool products factory, it is difficult to meet the demand for imported goods of good quality, it is self-evident to the lower reaches of the attraction, thus promoting the regeneration of PVC imports continue to rise.

Now, with the cold weather, the downstream regeneration PVC market started or has declined slightly, but the feed back scarce supply is difficult to solve, coupled with strong support, the new material is expected to offer high zhuochuang, regeneration of PVC in the fourth quarter of imports exceeded 140 thousand tons, achieved a strong return of recycled PVC imports

Qianjiang Fangyuan Titanium Co., the company recently announced that, since November 21, 2016, the company of rutile titanium dioxide on the basis of the original price increase 500 yuan / ton, the export price of 80 dollars / ton. Luohe XingMao Titanium Industry Co. Ltd., said the price adjustment letter is due to the rising prices of raw materials, the company under cost pressure, decided since November 25, 2016 the chloride method of rutile titanium dioxide on the basis of the original price increase 500 yuan / ton. Wuzhou joywin industry limited company also announced that due to the recent raw material prices have continued to rise and higher transportation costs, the company from November 21st onwards will be the full range of products on the basis of the original price increase 800 yuan / ton, foreign trade price increase of 100 U.S. dollars / ton.

In November 22nd, Luohe Xingmao titanium industry announced that due to the rising prices of raw materials, the company under cost pressure, the company decided, since November 25, 2016 the chloride method of rutile type titanium dioxide on the basis of the original price increase 500 yuan / ton, up 50 U.S. dollars / ton of foreign trade.

In November 21st, Wuzhou Jiayuan industry announced: due to the rising prices of raw materials and the recent higher transportation costs, the company decided that from November 21, 2016 onwards, the full range of products in price increase 800 yuan / ton, foreign trade price increase of 100 U.S. dollars / ton.

In November 21st, Dahutong titanium announced: in view of the fact that raw material prices continued to rise, the rising cost of transportation, transportation constraints and other factors, combined with the market trend, the research on leadership group decided, from November 21, 2016 onwards, anatase titanium dioxide series product prices in 11 months on the basis of the price increase 1000 yuan / ton.