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Among various sub-sectors, the total industrial output value of industrial raw materials from January to June increased by 68.05%, 62.94%, 88.49%, and 44.88, respectively, in the manufacture of inorganic acids, phosphate fertilizers, organic fertilizers, and microbial fertilizers. %, the cumulative year-on-year sales growth was 71.21%, 60.35%, 89.99%, and 47.04% respectively, which was the highest among the sub-industries. In the previous month, concentrated nitric acid, calcium carbide, and PTA rose the highest among all chemical products. The increase rates in the past one month reached 11.83%, 14.22%, and 14.13%, respectively. It is worth noting that the price of the international phosphate rock has dropped sharply since mid-September and has now fallen by 25.92% from the previous high of US$490/ton to US$363/ton. The price of concentrated nitric acid rose sharply by 12.34% to 5,000 yuan/ton last week; the methanol price rebounded by 22.35% to reach 4,430 yuan/ton; the ethylene glycol price dropped sharply by 10.11% to 8,000 yuan/ton; BDO ​​prices continued to fall, BDO in the Yangtze River Delta region continued to fall. The price dropped by 2.17% to 17,300 yuan/ton. On August 1, the three-dimensional scattered water BDO production price in Shanxi was 17,500 yuan/ton, and the barrel cargo price was 18,200 yuan/ton. The price of urea in the domestic market slowed down and the market price of phosphate fertilizer increased slightly. The national urea market prices have slowed down. In terms of demand, the northern market has entered the off-season in an all-round manner, while southern Guangdong, Guangxi, and Jiangsu and Zhejiang have a small amount of fertilizer. The ex-factory price in most parts of the north is still above 2300 yuan/ton. The prices in southern regions such as Anhui, Jiangsu and Hunan have been reduced. The mainstream prices in Anhui and Jiangsu are 2400 to 2450 yuan/ton, and the prices in the two lakes are 2500 yuan/year. Ton. The wholesale price of Guangxi's urea market dropped sharply at RMB 2,650-2,700 per ton, and the main wholesale price for urea in Guangdong was RMB 2,600-2,650 per ton.
International urea price growth slowed down: FOB bulk bulk FOB prices in the Baltic region were lowered by US$10/tonne to US$775/tonne, high-end prices were raised by US$10/tonne to US$810/tonne, and Yuzhe’s high-end prices stood at US$830. / Tons, low-end prices rose by 20 US dollars / ton to 820 US dollars / ton; high-end prices in the Arabian Gulf region to maintain 815 US dollars / ton, the low-end price to maintain 810 US dollars / ton. Large-particle bulk FOB US Gulf low-end prices, down 33 US dollars / ton to 855 US dollars / ton, high-end prices down 21 US dollars / ton to 874 US dollars / ton; Arabian Gulf region, high-end prices rose 30 US dollars / ton to 880 US dollars / Ton, the low-end price rose 35 US dollars / ton to 850 US dollars / ton. Domestic 55% powdered monoammonium factory price rose to 3750 ~ 3800 yuan / ton, the domestic 64% diammonium wholesale price was raised to 4500 ~ 4800 yuan / ton. International diammonium prices continued to oscillate: US Gulf low-end prices were lowered by US$15/tonne to US$1,175/tonne, and high-end prices were increased by US$10/tonne to US$1,220/tonne; Tunisia and Morocco’s prices were maintained at the low end of US$1200/ton this week. The high-end $1220 level/ton. Recently, Liuhua announced the 2008 interim report on July 29: 1H08 company achieved sales revenue of 803 million yuan, up 40.35% year-on-year; main business profit of 206 million yuan, up 76.26% year-on-year; gross profit margin of 26.21%, compared to the same period of last year The 21.04% increase of 5.17 percentage points, net profit of 89.61 million yuan, an increase of 54.97%. The main reason for the increase in profit growth over sales revenue comes from the rise in the run rate.
In terms of foreign chemical industry developments, Saudi Basic Industries Corporation (SABIC) shut down Jubail’s two polyethylene (PE) production lines and one cracker. The currently discontinued production lines include a 375,000-ton/year linear low-density polyethylene (LLDPE) production line operated by Sharq and a 350,000-ton/year high-density polyethylene (HDPE)/LLDPE switching production line operated by a SABIC subsidiary. . Dongfang Petrochemical Company is a joint venture between SABIC and Japan SPDC. The polyethylene plant was stopped because of technical problems with Petrochemya's 650,000t/yr No. 1 cracker in Jubail, resulting in insufficient supply of raw materials for ethylene. Due to power outages, SABIC's MTBE installation at Jubail was unexpectedly stopped on July 28. SABIC’s August spot supply to Singapore is likely to be affected. Dow Europe recently announced that it will increase prices for PP and PS sold in Europe starting on August 1. The specific price adjustment rate was: PP raised 200 EUR/ton; PS increased 130 EUR/ton. Other PP producers in Europe have not yet announced corresponding price increases. Dow said that last week it temporarily shut down the 50,000 t/y polystyrene (PS) plant in Terneuzen, the Netherlands. Last month Dow shut down one of the two styrene plants in Terneuzen, reducing the company’s styrene production capacity in Europe by 40%. Reducing the production of PS is “another measure to cope with the rising costs of energy and hydrocarbon feedstocks.†Dow has also announced that it will raise the prices of its GPPS and HIPS from August 1, including Africa, Europe, India and the Middle East. In the area, it is 130 euros/ton.
Dow's world-class epoxy production facility at Shanghai Chemical Industry Park will be built within the year, including a glycerol-to-epichlorohydrin plant with an annual capacity of 150,000 tons and a liquid epoxy resin plant with an annual capacity of 100,000 tons. Among them, the upcoming epichlorohydrin plant will have a world-class scale, and will use Dow's patented glycerol-epichlorohydrin technology for the first time, namely, the use of renewable resources - glycerin produced in the production of biodiesel - to produce Epichlorohydrin. BASF plans to invest more than 150 million euros to expand the production of crop protection agents to meet the increasing demand for major crop protection products in the coming years. The company had decided in 2008 to invest 90 million euros in energy expansion, including spending on BASF's new herbicide KixorTM expansion project. Asia’s largest phenol-acetone producer, Mitsui Chemicals Japan, has planned to increase its contract price for phenol in August by US$100 per ton. Mitsui Chemicals has set its phenol Asia contract price to US$1950 CFR China, including 6% anti-dumping duty, which is increased by US$100/tonne from the price in July. According to the company, this is mainly due to rising raw material costs and tighter global supply. Japan's Mitsubishi Chemical Corporation established a production facility for polycarbonate resin (PC) resin and its raw material diphenyl carbonate (DPC) at its Kurosaki plant. PC resin production capacity is 60,000 tons/year, and DPC production capacity is 100,000 tons/year. PC resin is produced by melting method and PC resin is synthesized from bisphenol A (BPA) and DPC.
This method has the feature of reducing the environmental load. In the vicinity of the Kurosaki Plant, factories for automotive and automotive parts manufacturers that use PC resins are gathered, so Mitsubishi Chemical Corporation will strengthen the supply of PC resins. Mitsubishi Chemical also plans to establish a joint venture with China Petroleum & Chemical Corporation to build a 60,000-ton/year fusion process PC resin and a 100,000-ton/year BPA production facility in Beijing. The plant will supply DPC raw materials from Kurosaki Factory and phenol, a raw material for the production of BPA, from Sinopec Petrochemical Company Yanshan Petrochemical Company. The plant is expected to be put into production by the end of 2009. Japan’s Mitsubishi Gas Chemicals also plans to build a new PC resin production facility in Shanghai, China, with a production capacity of 80,000 tons/year, which is expected to be completed around 2010. Although the demand for optical applications of PC resins has slowed down, the demand for the use of automobiles and electronic and electrical products continues to increase. The company is precisely in order to adapt to China's Asia-centered region, and decided to expand the production capacity of the device only after the expansion of PC demand. Rhodia Polyamide temporarily raised prices for all its nylon 66 products: 50 Euro/tonne or 80 US$/tonne. Mainly due to the recent global shortage of butadiene caused its price soaring, in order to be able to guarantee the purchase of butadiene to ensure supply, Bayer related responsible person said, Bayer 350,000 tons / year MDI device is planned in the second half of this year in Shanghai integration base When it is put into production, the device will become the largest MDI single-row device in the world.
In June, the growth rate of the chemical industry picked up slightly. From January to June, the entire chemical industry realized a total industrial output value of 1741.1 billion yuan, a year-on-year increase of 31.41%, and achieved a cumulative current sales value of 104.3 billion yuan, an increase of 31.30% over the same period of the previous year; of which, the current industrial gross value of industrial production reached 355.4 billion yuan in June, a year-on-year increase. 33.95%, current sales value of 298.8 billion yuan, an increase of 30.83%. According to experts from China Unsaturated Resin Network (http://www.unsaturated.com.cn), crude oil prices have fallen sharply. Concentrated nitric acid and calcium carbide prices have risen sharply. Crude oil prices have fallen sharply last month. Prices of BRENT, WTI and DUBAI at the end of the month compared to the beginning of the month have fallen by 11.94% and 11.98% respectively. 9.63%. As of last weekend, the latest prices for BRENT, WTI, and DUBAI were 123.33, 125.1, and 120.09 U.S. dollars per barrel, respectively. In the previous month, concentrated nitric acid, calcium carbide, and PTA topped the list in all chemical products. The increase rates in the recent month reached 11.83%, 14.22%, and 14.13%, respectively. In the domestic market, the price of urea slowly declined, and the market price of phosphate fertilizer increased slightly. Last week, the national urea market price slid slowly. In terms of demand, the northern market has entered the off-season in an all-round manner, while southern Guangdong, Guangxi, and Jiangsu and Zhejiang have a small amount of fertilizer. International urea price growth slowed down. Domestic 55% powdered monoammonium factory price rose to 3750 ~ 3800 yuan, the domestic 64% diammonium wholesale price was raised to 4500 ~ 4800 yuan. International diammonium prices continue to oscillate. The industry is paying close attention to the government's follow-up policy on special tariffs.