At the end of November OPEC meeting for the first time production agreement for 8 years

At the end of November OPEC meeting for the first time production agreement for 8 years, and then boosted the price of crude oil, crude oil and WTI Brent heard rose, which exceeded WTI crude 40-50 dollars / barrel shock interval, and stand 50 points, then boost domestic chemicals market.

PVA

Affected by rain and snow in winter, the seasonal increase in freight, freight from the northwest to Shandong area October 150-170 yuan / ton up to the recent 300-370 yuan / ton, or nearly 100%. in the east end demand determines the market, freight market will squeeze northwest prices, in this premise for the western market push up, A+B=C mode, A and B rose by a factor of two with the C value rose more obvious, then caused the current East and west market linkage rose form.

POLYVINYL ALCOHOL

The combination of the above mentioned, a strong return the methanol kings and supply reduction, demand is expected to increase the fundamentals based, coupled with the recent commodity linked high, capital market ushered in the year of the expected hype, prices rose.

POLYVINYL ALCOHOL FIBER

From the latter part of the market, the higher volatility trend or will continue futures contract long MA1705 configuration will be continued to dips into the operation. But during the Spring Festival market transaction risk prevention.

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