“The oil is in the global supply and demand rebalancing process, $40 / barrel bottom has been proven, in the OPEC agreement to cut output and consumption in the demand for rigid support, the bottom oil prices in 2017 will gradually rise, but the US shale oil and oil prices rose to restart or limit. Oil prices are expected in 50 to 75 U.S. dollars / barrel interval operation.” Hengtai chemical energy futures analyst Yu Tianbing said.

What is the main logic of methanol market operation in 2017?

How to supply the story will be staged? The first important point is: to admit the supply-demand balance now measure the domestic methanol market has been gradually transformed into the national market as the center of East China market. In 2017 the methanol will also be launched around this centre, to seek a new balance between demand and supply of the main source of new.

The time difference between the 2017 domestic methanol supply and demand exists, or after the first strong weak trend, the overall price of methanol will move the center of gravity to 2600 yuan / ton, the upper limit is MTO device profit effect, the first pressure or in 3000 yuan / ton, second pressure in 3500 yuan / ton, the cost of supporting under consideration is expected in 2200 2300 yuan / ton range.

“The oil center of gravity, the cost of supporting the olefin enhanced, while the downstream products and terminal demand good performance, the industry overall inventories remain low, the continuation of the 2017 restocking market, but the continuous release of new capacity or limit or PP, see above 11000 yuan / ton, LLDPE above 12000 yuan / ton.” Yu Tianbing believes that in the crude oil driven by the increase in the overall cost of downstream chemicals. At the same time, the industry overall inventory is low, is expected to start restocking market. Specifically, all varieties of target: PTA on 7000 yuan / ton, methanol reached 3500 yuan / ton, asphalt is expected to reach 3500 yuan / ton.

Industry insiders bluntly, the most likely impact for natural rubber supply. Because of the weather factors, leading to the reduced supply of rubber. From the output data, in 2016 the vast majority of gum in yield than in 2015 dropped to a certain extent. Some countries, such as India, Malaysia, in the years of low yield.