In January 16th the United States Gulf acetone market closing price stability, the price is 738-762 dollars / ton, FOB us gulf.

The closing price of p-xylene in Europe rose $1.5 per ton on January 14, closing at $971-973 per ton FOB Rotterdam.

On Jan. 14, the closing price of p-xylene in Asia rose by US$1 per ton. The closing price was US$1051-1053 per ton FOB in Korea and US$1071-1073 per ton CFR in China.

Products: This week, the price of domestic agricultural ammonium chloride runs smoothly: the mainstream quotation of agricultural ammonium dry ammonium varies from 740 to 760 yuan/ton, and the mainstream quotation of wet ammonium is 620 to 660 yuan/ton.

Industry chain: The upstream liquid ammonia is running smoothly this week, which is affected by environmental protection control and gas limitation in the upstream of liquid ammonia. For the rising price of raw materials in the upstream, ammonium chloride will cause serious shortage of start-up rate in the later stage. Affected by environmental protection and gas limitation, manufacturers in many areas are now forced to limit production or stop production for maintenance and accept environmental protection inspection. Urea and ammonium chloride are both nitrogen fertilizers. They are replaceable before the second one. Affected by the sales of compound fertilizers in winter this year, the price of urea in nitrogen fertilizer series is declining. The price of ammonium chloride is affected to a certain extent, and the price of ammonium chloride may fall.

Prediction: Ammonium chloride market atmosphere is weak now, the start-up rate of manufacturers is low, orders are few, downstream manufacturers have a certain impact. The pending orders are generally executed, the new orders are light or even stagnant, and the downstream forward order delivery progress is slow. Therefore, it is anticipated that the market price will increase again with limited contact force. In the short run, enterprises will also be mainly stable, and may fall in part.

On January 9, the PX commodity index was 64.80, unchanged from yesterday, down 36.72% from the peak of 102.40 points in the cycle (2013-02-28), and up 42.26% from the low of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date).

Recently, the domestic market price trend of p-xylene has been temporarily stable. Pengzhou Petrochemical Unit has been running steadily. Urumqi Petrochemical Unit has started 50% of its operation. Fuhaichuang Aromatic Hydrocarbon Unit has been in shutdown. Other units have been running steadily for the time being. The domestic market supply of p-xylene is normal. The market price trend of p-xylene is temporarily stable. The opening rate of PX plant in Asia is less than 70%. The closing price of PX plant in Asia increased by 38 US dollars/ton on Jan. 9. The closing price was US$1022-1024/ton FOB in Korea and US$1042-1044/ton CFR in China. More than 50% of PX plant in China needed to be imported. The rise of foreign price has a positive impact on domestic market price of paraxylene, and the intra-site price maintained 8,100 yuan/ton.

On January 9, the price of WTI crude oil in February rose sharply to $52.36 per barrel, an increase of $2.58. The price of Brent crude oil in March rose to $61.44 per barrel, an increase of $2.72. The closing price of crude oil rose slightly, which supported the price of downstream petrochemical products, while the price of paraxylene was stable temporarily. Recently, the textile industry has risen, downstream PTA market has risen, PTA price has recently risen slightly. The average price of offer in East China is raised near 6400-6500 yuan/ton. As of the 9th day, domestic PTA start-up rate is about 75%, polyester industry start-up rate is about 84%. In addition, the upstream production and marketing market is general, PTA market price is declining, and the price of PX market is expected to rise slightly in the later period.

On January 7, China’s urea wholesale price index (CNPI) was 213.99.

The ring fell 25.14 points, or 1.23%.

It rose 26.96 points, or 1.36% over the same period last year.

The biki period rose 150.74 points, or 8.09%.

On January 7, China’s urea retail price index (CNRI) was 2144.91.

The ring fell 14.41 points, or 0.67%.

It rose 66.44 points, or 3.20% over the same period last year.

Biki rose 239.95 points, or 12.60%.

On January 7, the wholesale price index (CPPI) of diammonium phosphate in China was 2931.11.

The ring-to-ring ratio fell 0.51 points, or 0.02%.

It rose 98.17 points, or 3.47% over the same period last year.

The Biki period fell 290.66 points, or 9.02%.

The retail price index (CPRI) of diammonium phosphate in China on January 7 was 3031.22.

The ring fell 5.03 points, or 0.17%.

It rose 77.59 points, or 2.63% over the same period last year.

The Biki period fell 190.55 points, or 5.91%.

The wholesale price index (CKPI) of potassium chloride in China on January 7 was 2326.98.

Ring up 0.36 points, an increase of 0.02%;

A year-on-year increase of 269.04 points, an increase of 13.07%;

The biki period fell 963.61 points, or 29.28%.

On January 7, China’s Composite Fertilizer Wholesale Price Index (CFCI) was 2266.53.

The ring fell 15.52 points, or 0.68%.

A year-on-year increase of 80.26 points, an increase of 3.67%;

The Biki period fell 112.31 points, or 4.72%.

On January 7, the retail price index (CCRI) of compound fertilizers in China was 2518.55.

Ring up 3.29 points, an increase of 0.13%;

It rose 91.70 points, or 3.78 percent, over the same period last year.

The biki period rose 71.84 points, or 2.94%.

On January 7, China’s Urea Export Price Index (CNEI) was 1967.95.

The ring fell 10.97 points, or 0.55%.

It rose by 24.34 points, or 1.25% over the same period last year.

Biki rose 108.95 points, or 5.86%.

Dubai, Jan. 4, Reuters reported that Iraq said on Friday that it was committed to the OPEC + cut production agreement and would maintain a daily output of 4.533 million barrels in the first half of 2019.

In a statement, Iraqi Oil Minister Thamer Ghadhban said he had instructed oil officials to take urgent measures to comply with the reduction policy.

The statement added: “The minister reiterated the ministry’s commitment to maintain national oil production at an average of 4.533 million barrels per day over the next six months.”

The Organization of Petroleum Exporting Countries, Russia and other non-member countries, an alliance called OPEC+agreed in December to reduce supply by 1.2 million barrels per day in 2019. OPEC cut its share by 800,000 barrels per day.

In December 2018, the Organization of Petroleum Exporting Countries, Russia and other non-member countries agreed to reduce production by 1.2 million barrels a day in 2019. The Organization of Petroleum Exporting Countries (OPEC) cut production by 800,000 barrels a day.

According to a Reuters report on January 2 in Moscow, data released by the Russian Ministry of Energy on Wednesday showed that Russian oil production hit a record high of 19.16 million barrels per day last year.

The total amount exceeds the historical average of 10.98 million barrels per day set in 2017.

Russian oil production reached 555.8 million tons last year, compared with 547 million tons in 2017. The ratio of barrel to tonnage used by Reuters is 7.33 to 1.

Last month, all Russian oil giants increased their oil production year-on-year.

In terms of production, Russia’s oil producer, the world’s largest oil producer, increased its oil production by 4.6% year-on-year in December, while Luke and Surgut oil and gas companies both increased their oil production by 2.5%.

Russian Tartar oil company production surged 9.3% over the same period last year.

In December, Russian oil pipeline exports increased from 4.299 million barrels in November to 4.496 million barrels.

Russian Energy Minister Alexander Novak said last month that after Russia signed a global production cuts agreement, the country’s oil production in 2019 may drop to 552 million tons.

First, the price trend

According to the price monitoring of business companies, as of October 22, the average price of domestic aggregate MDI market was 13,700 yuan / ton, the overall market conditions were down, the price fell by 55.98% compared with the same period of last year.

Second, the market analysis

Product: The domestic aggregate MDI market is narrowly explored. North China, East China Wanhua cargo traders talked about 13600-13800 yuan / ton, Shanghai cargo traders talked about 13200-13400 yuan / ton; South China Wanhua cargo traders talked about 13800 yuan / ton, Shanghai cargo traders talked about 13200-13500 yuan / ton. The market fundamentals are lacking, and the downstream enquiries are weak. The middlemen are short-selling and take shipments.

In terms of the market, the North China aggregate MDI market is weak and fading. The news was relatively light, the market inquiry turned weak, the industry was less confident in the market outlook, and the focus of negotiations was shifted downwards. East China’s aggregate MDI market is narrowly explored. The market is lacking in good news, the downstream on-demand procurement is cautious, the industry’s mentality is pessimistic, letting the business talk about shipments, and the market talks focus on a narrow range. South China’s polymerization MDI market talks narrowly. The fundamentals of the market are lacking, and the downstream enquiries are weak. The industry is more bearish on the market, and the market is under pressure.

Industry chain: East China aniline market consolidation operation. The equipment of East China Enterprise is stable, but the supply of Wanhua in the district is abundant, and the demand for sporadic retail investors is limited. As a result, the pressure on the rest of the enterprises in East China is relatively high, and the middlemen are more stable and wait and see the shipment.

Third, the market outlook

Business community view: On the positive side, individual companies have less volume; heavy bar equipment reduces load production. In the bearish side, Covestro’s latest offer was downgraded from the previous month; downstream resistance to high prices, market enquiries were limited; environmental protection, downstream procurement cautious. MDI analysts at the business community expect a weak decline in the aggregate MDI market in the short term.

First, the price trend

According to the price monitoring of the business community, as of October 11, the domestic methanol market price was reported at 3,245 yuan / ton, the overall market conditions continued to be strong, the price rose 17% over the same period last year.

Second, the market analysis

Products: The domestic methanol market continued to be strong, and the ports and the mainland showed different degrees of increase. The port continued to fluctuate with the disk, and the transaction performance was general; the overall market in the mainland market was well-funded, and the sentiment was strong. At this stage, the overall reservoir pressure in the real estate area is not large, the downstream is stable, the individual olefins are increased, and the local coking is limited. The short-term methanol or the high-end cargo is continued. Domestic methanol freight has been adjusted mainly in recent days, with a range of 10-30 yuan/ton. Among them, Inner Mongolia Northern Line to Lubei freight reference 160-250 yuan / ton; South line to Lubei freight 190-210 yuan / ton; Shanxi to Lubei 110-150 yuan / ton; Guanzhong to Lubei reference 120-190 yuan / ton; Guanzhong to Shandong Southwest reference 180-200 yuan / ton.

Industry chain: Formaldehyde: Raw material methanol continues to be strong, and the cost side boosts the formaldehyde market; downstream is just needed, and the current formaldehyde market orders are mainly shipped. Linyi area concentrated 1640 yuan / ton; Zibo and surrounding concentrated 1650-1680 yuan / ton, slightly higher turnover. Acetic acid: The domestic glacial acetic acid market has risen sharply. Enterprises continue to be out of stock, making it difficult to pay. And Nanjing’s large installations began to overhaul, Thorpe is expected to overhaul at the end of the month, so short-term cargo is difficult to ease. Therefore, the company has a high offer. The downstream demand level is high and the negotiation is active. Dimethyl ether: The overall supply and demand atmosphere of domestic dimethyl ether is still in general. A large number of downstream users have to be digested. The inventory of individual enterprises is under pressure, and the prices are stable and slightly empty. However, most enterprises still have controllable inventory and strong willingness to protect the market. The mainstream price trend continued to be horizontally consolidated.

Third, the market outlook

Business community view: In terms of positive aspects, domestic supply: coking, limited production, natural gas supply and other news are still available, supply side support is acceptable; Henan’s previous maintenance equipment has not been restored, resource supply is tight; some parts of the northwest production area have maintenance plans, Concerned about the actual dynamics; foreign supply: the international local methanol plant operating load is generally; Iran’s annual output of 1.65 million tons of methanol plant parking, plans to resume around next week; Indonesian equipment later maintenance plan; raw material end: by natural gas supply, etc., Southwest After the industrial gas price increase, the enterprise cost end support increased; futures: futures high shocks, boosting the spot market; downstream demand: an increase in the amount of olefins in the northwest, supporting the formation of methanol. For the bearish side, the demand side: under the environmental supervision, the downstream plates in Shandong and Hebei provinces started to maintain low levels, and the demand for formaldehyde was mostly just needed; the domestic MTO maintained the production of negative production, and heard that the later maintenance of an olefin in Zhejiang affected the methanol resources. Digestion; Supply surface: At present, some maintenance devices in the northwest and Shandong have been restored, and the supply of methanol resources in the region has been enlarged accordingly; attention has been paid to the resumption of maintenance projects in Henan and other places. In foreign countries, the horse oil unit has been restarted during the holiday period, and the resource supply surface has been enlarged accordingly. The methanol analyst of the business community expects that the methanol market will continue to be strong in the short term.