September 20 Asian ethylene glycol market closed at $ 941 / ton, up $ 23 / ton higher than yesterday.

US stock market rose driven overnight overnight zinc rebounded late closing up $ 25, due to the Federal Reserve policy eagle, the dollar shocked by a straight line, short-term zinc rally or limited, expected this zinc prices rose slightly.

Overnight zinc zinc opened at 3110.5 US dollars / ton, the Asian period of London zinc fell slightly to 3095 US dollars / ton line near the shock consolidation, intraday hit the lowest point of 3086 US dollars / ton; Europe and the United States period, driven by the US stock market rose, Climbed to a maximum of 3154 US dollars / ton, slightly late after the fall to 3130 US dollars / ton line near the end, closing at 3135.5 US dollars / ton, up 25 US dollars, or 0.8 percent, volume 10938 increased 1305 hands, positions 308335 increase 4769 hand; evening Shanghai zinc main 1711 contract opened at 25,760 yuan / ton, the highest 25820 yuan / ton, the lowest 25415 yuan / ton, and finally closed at 25560 yuan / ton, up 110 yuan, or 0.43 percent, volume 145676 reduced 221890 , Positions 247634 to reduce the 17,144 hand. September 19 zinc (market) commodity index was 148.50, compared with the previous day

Rose 1.54 points, the highest point than the cycle of 155.02 points (2017-08-21) fell 4.21%, compared with November 22, 2015 the lowest point 72.28 points rose 105.45%. (Note: cycle refers to 2011-09-01 so far).

As of September 20 closing, butadiene FOB Korea reported 1549.00-1551.00 US dollars / ton; butadiene CFR China 1599.00-1601.00 US dollars / ton.

As of September 20 closing, butadiene FOB Rotterdam spot goods 1198.00-1202.00 US dollars / ton; butadiene FD northwest Europe stock 948.00-952.00 euros / ton.

South Korea Lotte cutting-edge materials (the original South Korea’s Samsung) petrochemical PC device capacity of 130,000 tons / year, two production lines, the device can run, it is reported that in September part of the dollar offer intention in 3200-3250 US dollars / ton.

September 20, 2017 European strategic small metal cobalt ingots (99.3%) offer 28.25-28.75 US dollars / lb,Compared with the previous day; electrolytic cobalt (99.8%) offer 29.85-30.65 US dollars / lb, unchanged from the previous day

September 20, the Asian benzene market closed up, FOB Korea rose 16 US dollars to 804-805 US dollars / ton, FOB Southeast Asia rose 16.5 US dollars to 800-801 US dollars / ton, CFR China rose 8 US dollars to 812-813 US dollars / ton

September 20, the European benzene market closed up, CIF ARA rose 8.5 US dollars to 801-802 US dollars / ton, FOB Rotterdam rose 7.5 US dollars to 800-801 US dollars / ton.

September 20, the US benzene market FOB US Gulf rose 4 cents to 278-278.1 cents / gallon, equivalent to 834-834.3 US dollars / ton.

An oil-rich province in northern Iraq will hold a referendum on the independence of the Kurds in the latter part of the month, with regard to the escalation of tensions that will have the region’s crude oil, fearing the possible outbreak of regional conflicts and oil wars.

Since the so-called Islamic countries (IS) in some areas of Iraq in the summer of 2014, the Kurdish armed forces have taken full control of the province of Kirkuk and other disputed areas. In addition, the northern part of Iraq is not only the main source of Iraqi oil, but also part of Kurdistan – the Kurdish unofficial, but hometown for hundreds of years.

Kurds have been seeking to build their own country. After the US military overturned the Iraqi government led by Saddam Hussein in 2003, the Kurds believed that Kurdish founding had been close to their control.

Over the past two years, both the Iraqi government forces and the Kurdish armed forces have expelled the ISIS from most of the country by fighting, but the long-standing relationship between the Baghdad and the Erbil capital of the Kurdish capital The dispute has intensified.

Baghdad strongly opposed the Kurdish independent referendum to be held on September 25, and Iraqi Prime Minister Abdullah Ahmad Badawi said the vote was “unconstitutional and illegal.”

On Tuesday, the central government of Iraq approved the Prime Minister “to take all means” to safeguard national unity. While Iraqi Kurdish leader Massoud Barzani opposed the idea that would endanger national identity and vowed to implement a referendum.

The decision to hold a referendum could become a long-standing contradiction between Baghdad and Albiile on Kurdish oil exports and income distribution.

“The relationship between Baghdad and the Kurdish region will be the biggest challenge for oil, and the Kurds will use the upcoming referendum as a bargaining chip,” said Renad Mansour, a Iraqi expert at ChathamHouse, a London think tank, told CNBC.

Iraq is the second largest oil producer of the Organization of Petroleum Exporting Countries (OPEC), according to the country’s oil minister, Jabar Al-Luaibi, said the country’s oil production is 432 million barrels per day.

“Kurdish is far from being able to export oil independently, which requires very large and expensive public facilities, and in the current oil price environment, the Kurdish independent economy,” said TorbjornSoltvedt, principal analyst at VeriskMaplecroft, responsible for the Middle East and North Africa issue. The foundation is very weak. ”