The oil price fell, and the coal chemical industry in Anhui Province is under pressure. This year, it may still fall sharply.
the economic and Technological Research Institute of CNPC released the 2014 domestic and foreign oil and gas industry development report on the 28th. It is expected that the trend of international oil prices in 2015 will be from low to high. On the 28th, the economic and Technological Research Institute of CNPC issued the 2014 domestic and foreign oil and gas industry development report, which predicted that the trend of international oil prices in 2015 would be low before and high after, and the overall level would drop significantly compared with 2014; The natural gas market will enter the trend of loose supply and demand, and the market demand will change from high. At present, the total annual demand of China's automotive industry for various types of adhesives and sealants is about 100000 tons, and the growth rate will enter the new normal of medium and high-speed growth
the provincial economic information center also recently released a report saying that the decline in oil prices has reduced transportation and logistics costs and promoted the increase in the income and consumption of urban and rural residents in the preliminary experiment in our province. At the same time, the oil price can be used for a variety of purposes: it can stop stretching, tightening, twists and turns, shearing, tearing, stripping, low cycle, creep and other experiments on various materials, and it will also exert certain pressure on the coal, coal chemical industry and other industries in our Province, further suppress the coal price, and squeeze the development space of the coal chemical industry
in the first half of 2014, although the coal price in our province has been running at a low level, it has remained basically stable. Since oil prices began to fall in July, coal prices have also continued to decline. Since then, due to technology, cost and other reasons, Datang Group, Guodian group and other enterprises began to divest the coal chemical industry business. With the sharp decline in international oil prices in the second half of the year, the economy of coal chemical industry continued to decline. The industry generally believes that the international oil price of $70 per barrel is the breakeven point of the coal to liquid project. At the current price of crude oil, most coal chemical projects have been at a loss
the provincial Economic Information Center predicts that in recent years, in order to make more efficient use of coal resources and extend the coal industry chain, some places in our province have launched many coal chemical projects. The decline of oil prices will inevitably exert greater pressure on the profitability of these projects