Since 2016, SEC butyl acetate is profitable, there is only a slight loss of a month’s time. New year’s day and Spring Festival holiday in January, so no matter whether manufacturers or traders have said light industry downturn, and no stockpile intention. By the end of the demand continues to shrink on the manufacturers started to maintain a low, Ningbo, Shijiazhuang, Luoyang Ying Ding Daxie, HTC years ago without driving intention; start device maintains a low load.

Export is another major factor affecting price

Our sec butyl acetate are mostly exported to Southeast Asia, do oil use. The price of crude oil is the fixed factors supporting export talks, the 16 year, crude oil shock upstream, promote some manufacturers outside the single delivery enthusiasm, to a certain extent on the domestic manufacturers to reduce the negative effect of assists very price. At the beginning of 2017 crude oil market is expected to shock run, SEC butyl acetate by crude oil export situation, too serious.

April to mid end users have the intention of delisting

The demand side pressure is inevitable, and the material surface is restricted due to the downstream acetic acid fell significantly, but the liquefied gas said upstream of many factors, the recent downstream stockpile intention influence after ether four carbon price bullish mentality, manufacturers to cut down the negative response to market price. By four after ether carbon support, manufacturers down the negative auxiliary month falls, the intensity is limited, but the demand side with 39 point rujierzhi, the balance of supply and demand is difficult to achieve.

liquefied gas prices, SEC butyl frequency drop. The rising cost of price cut is two and the relative contradiction, is what the manufacturers sales and downstream receiving goods two balance?

SEC butyl acetate began to decline weak since new year’s day, the east end by 5000 yuan / ton to 4850 yuan / ton, Shandong sent to the price by 4900 yuan / ton to 4700 yuan / ton. At the end of a large part of the time, because the price of raw materials manufacturers high production constraints, prices rose faster. But now, after the price is still four carbon ether in rising stage, but the SEC butyl acetate manufacturers have frequently quote down.

10 days after ether carbon four acetic acid rose 200 yuan / ton, down 135 yuan / ton, equivalent to offset after raw materials also rose. Therefore, for the procurement of raw materials manufacturers pressure still exists, this phase of the price decline is the manufacturer to take down, taking into account the January gradually every lunar new year, SEC butyl acetate needs cold degree not only increase, shipments positive. The most fundamental factor in the support of manufacturers none is currently still profitable.

China December customs data show that Chinese raw materials, “appetite” is still great, China crude oil imports in December hit a record high, refined oil imports rose nearly 30%; annual iron ore imports more than 10 tons, year-on-year surge 7.5%, a record high; coal imports soared throughout the year rose 25%.

Chinese December crude oil imports 36 million 380 thousand tons, equivalent to 8 million 600 thousand barrels per day of crude oil imports, a record high, an increase of 12.5%, refined oil imports 2 million 590 thousand tons, growth of nearly 30%.

This means that the Chinese dependence on foreign oil to rise further, “2016 domestic and international oil and gas industry development report” shows that the dependence on foreign oil is 65.5%. Vice President Jiang Xuefeng quoted the interface Economic Research Institute of petroleum, crude oil dependence rise partly because domestic crude oil production, while demand has not diminished.

The number of copper imports in December is quite good, imports of 490 thousand tons, an increase of nearly 30%. The year 2016, the annual iron ore imports more than 10 tons, compared to 2015 growth of 7.5%; imported 2.5 tons of coal, compared to 2015 soared 25%; crude oil imports more than 3.8 tons, an increase of 13.5% compared to 2015.

This surge in coal and iron ore imports and domestic production capacity is related to. The market generally view, since this year, due largely to capacity, Chinese coking coal supply shortages rose sharply to stimulate the price. Driven by this, iron ore prices have soared, Glencore and other parts of the world have resumed production of mines. Under this background, the import of coal and iron ore in Chinese.

Senior economist Justin Smirk said the Western Pacific Bank, is expected to 2017 iron ore imports will continue to increase, the supply of iron ore from Australia and Brazil will continue to enter the market Chinese.

According to Metal Bulletin data, Qingdao port 62% grade iron ore price last month rose to a two-year high of $83.58 yesterday, the price is about $80.99. Since 2015 fell to a low of $40 in the following, the iron ore price rise in every quarter.

Academician Liu Zhongfan believes that graphene industry is a big cake, but can to how

much is still unknown, which requires researchers and companies concerned leading core

technology in the future. He said: “do not like” Tiger Balm “graphene that not all

products are necessary to use graphene.” He felt that some graphene products lack of

technical content, different from those of graphene belts and other products, academician

Liu Zhongfan and his research team are studying super graphene glass, direct growth by

using graphene in traditional glass, make a glass carrier graphene, graphene obtained new

glass, glass gives function the new graphene. Such as electrochromic windows, liquid

crystal glass, smart windows, radiators, cell culture dishes…… These are the results

of the Liu Zhongfan team. He said, graphene and with glass made of cell culture, cell

proliferation at least twice faster than ordinary Petri dish.

He pointed out that China graphene related patents, ranking first in the world, to

encourage countries to apply for a patent, but should pay attention to what the real

value of patent protection. He is optimistic about the prospects for the development of

graphene in China, that is the only way which must be passed of graphene film label

graphene development.

Academician Liu Zhongfan cited Gartner technology maturity curve analysis shows that the

graphene industry is still in its early stages. He suggested that the relevant

enterprises and work unremittingly: “graphene is a real industry, most need is to insist

on. Graphene industry needs to be ‘artisan spirit’, need time accumulation takes time.”

In January 4th, Wuhan Feiteng sub PTFE sales price 55000 yuan / ton, the annual output of 1000 tons, price negotiable, the actual inventory is acceptable, delivery smoothly. Quzhou Jiangtian Fluorine Chemical Co., the general level of PTFE dispersion resin factory price 50000 yuan / ton, the normal driving device, the enterprise can go off. Jiangsu Meilan Chemical Group Co., Ltd. common PTFE dispersion resin factory price 43000 yuan / ton, suspended powder price 42000 yuan / ton, the actual transaction price negotiable, annual production capacity of 35 thousand tons, the enterprise can go off. Shanghai East fluorine chemical limited company of science and technology of PTFE dispersion resin factory price 43000 yuan / ton, the normal construction, enterprise can go off. Shandong Dongyue PTFE dispersion resin plant operating normally, annual production capacity of 35 thousand tons, can go off. PTFE dispersion resin factory price 42000-44000 yuan / ton, the price adjustment, ordinary suspension of fine powder price 35000 yuan / ton, the actual transaction price.

Recently many enterprises take limited production price attitude, market inventory low, individual manufacturers the flexibility to adjust the market price at the same time, with the cooler weather, the downstream market is expected to improve the enterprise of fluorine plastic, bullish mentality is heavy. In addition, the hydrochloric acid, slow-moving quotas bottomed out and profit margins decline, R22 upstream raw materials enterprises underemployment, low inventory, domestic R22 prices at 9433 yuan / ton.

At present, the factors of PTFE cost support lack of overall market demand procurement, is expected in the short term PTFE market continued weak stability of the disk.

At present, the impact of the macroeconomic and the real estate market downturn, the domestic market prices of long-term PTFE in a tepid situation, most manufacturers of low load production, less inventory, the overall operating rate is low.

In December 30th, Shanghai East fluorine chemical limited company of science and technology of PTFE dispersion resin factory price 43000 yuan / ton, the normal construction, enterprise can go off.

In January 3rd, Wuhan Feiteng sub PTFE sales price 60000 yuan / ton, the annual output of 1000 tons, price negotiable, the actual inventory is acceptable, delivery smoothly. Quzhou Jiangtian Fluorine Chemical Co., the general level of PTFE dispersion resin factory price 50000 yuan / ton, the normal driving device, the enterprise can go off.

polytetrafluoroethylene (Teflon or PTFE), commonly known as the “king of plastic”, by the polymerization of tetrafluoroethylene polymer compound has excellent chemical stability, corrosion resistance, sealing, high viscosity lubrication, electrical insulation and good anti-aging endurance. For engineering plastics can be made of PTFE tube, rod, plate, belt, film.

It has been widely used in aviation, aerospace, atomic energy, electronics, electrical appliances, chemical industry, machinery, construction, textile, pharmaceutical and other industrial sectors, and increasingly deep into people’s daily life. Especially the industrial application of PTFE material in corrosion protection, greatly promoted the development of chemical industry.

The basic characteristics of ptfe:

High temperature – working temperature up to 250 DEG C.

Low temperature resistance with good mechanical toughness; even if the temperature drops to -196 DEG C, can keep 5% elongation.

The corrosion of most chemicals and solvents, showing the inertia ability of acid alkali, water and organic solvent.

Weather resistance: the bestaging life.

High oil – is a solidmaterialinthe lowestfriction coefficient.

No adhesion is minimal surface tension in solid materials, no adhesion to any material.

No poison, physical inertia, as artificial blood vessels and organs long-term in vivo without adverse reaction.

recently Teflon Market trading flat:

“If OPEC and OPEC are not able to deliver, then the crude oil market in 2017 will be from the surplus to the shortage. The oil market rebalancing is the core factor driving oil prices. But for the joint production, can not be expected to be too high.” Jin Xiao said.

From the history of Russia cut “performance”, Jin Xiao believes that the cuts may be more symbolic significance. Cut more need to rely on their own efforts to OPEC. In the past 30 years of 15 large and small production, only in the price rise cycle, OPEC did not deliver production commitments, and other times you can cash, cash degree will change with time.

Is expected to 3350-3400 million barrels / OPEC in 2017 in the production area, which means that the past two years to add 3 million barrels / day of the end of period, at least temporarily.” Jin Xiao said.

If the OPEC output is no longer growing, then the supply variables will depend largely on whether the U.S. shale oil production to “comeback”. With the rise in crude oil prices, the U.S. shale oil enterprise’s financial situation has improved, the United States continued to increase the number of well drilling, production began to recover.

Sui Xiaoying said that rising oil prices relatively low cost push part of shale oil production, such as the largest shale oil producing areas have been part of the Permian Basin drilling restart. The number of drilling is the lowest point last year has increased 40%, the shale oil production also began to rise, shale oil production in the region accounted for more than 40% of the shale oil production in the United states. When oil prices rose to near $60 a barrel, including Buchan, Eagle Ford, two other major American shale oil producing areas will also be large-scale production, production of shale oil before the three large area accounted for 80% of the total output of U.S. shale oil.

“At present, the breakeven point of shale oil in the near $50 a barrel, the operation cost of less than $20 a barrel, so the current oil prices for shale oil enterprises is profitable, the late American shale oil supply will be restored, which is the main restriction of crude oil prices continue upward from the original.” Huang Liqiang said.

“We see the oil rig number rose gradually, while the majority of oil and gas companies in 2017 annual increase in capital spending plan. However, the oil and gas company is still in the repair phase of the balance sheet, it does not support a substantial increase in capital expenditure.” Jin Xiao said.

Has been released from 2017 business plan of the company, is expected to increase by 4% and 24% respectively, compared with 2016 capital expenditure integrated oil companies and independent oil companies.

Jin Xiao believes that even if the capital expenditure has increased, it is difficult to resume to the level of 2015, because in the past two years the capital expenditure of oil and gas companies fell up to 74%. Therefore, in 2017 the U.S. shale oil production will remain at 2016 levels has been very good.

Shock or become the norm

chemical industry at present, the domestic upstream raw material price trend in December acetic anhydride acetic acid rose, as of the end of the ex factory price of 3008.75 yuan / ton, up 7.91%, the upstream raw material market prices as a result of acetic acid methanol prices pull.

Acetic anhydride market price trend in Central China in December 30th, the market holding goods businesses reported 4900-5000 yuan / ton, the stock market is stable, prices temporarily stabilized acetic anhydride. Acetic anhydride market prices stable in East China, the venue to discuss the mainstream in 4800-4900 yuan / ton, the acetic anhydride stable supply, the temporary price stability. Acetic anhydride market prices stable in North China, the venue to discuss the mainstream 4800-4900 yuan / ton, the cash supply is stable, the recent floor prices stable acetic anhydride. The operation of acetic anhydride plant in Jilin Petrochemical Carbide factory, the factory price of 5300 yuan / ton, can go off. The Wang Long group operating capacity of 160 thousand tons of acetic anhydride stable device, output 200 tons, the factory price of 5000 yuan / ton, go off normal. The operation of the Shandong Hualu-Hengsheng acetic anhydride unit stable, output 100 tons, the factory price of 5400 yuan / ton.

The price of raw materials of methanol and acetic acid and acetic anhydride with recent prices, adequate market supply, the spot slightly loose, is expected in January will be slightly down or acetic anhydride market price, the price in 4500-4700 yuan / ton fluctuations.

[comment] Gade chemical network chemical industry in December 29th, the Ministry of finance, Ministry of science and technology, development and Reform Commission four ministries issued “on the adjustment of new energy vehicles to promote the application of financial subsidy policy notice”, notice clearly will adjust the application of subsidy policy. The 2017-2018 amount of subsidies in 2016 will be based on the 40% year decline of 20%, down 2019-2020. January 1, 2017 started the implementation.