Nantong Guangrong Chemical Co., Ltd.

It mainly produces fine chemical products such as iminodiacetic acid,

iminodiacetic acid, two sodium salt, glycine, potassium bromide,

ammonium bromide, polyaluminum chloride and other two main products.

Nantong Guangrong Chemical Co., Ltd.

News Center

Nantong Guangrong Chemical Co., Ltd. has advanced production equipment, mature and stable technology, complete product testing equipment, strict management and excellent products.

[NYMEX crude] crude oil prices down, waiting for inventory data

Brent crude oil futures fell back on Monday (August 20th), with volatility amid concerns over the European Central Bank's ability to solve the European debt crisis, while Beihai supply was tight and the turmoil in the Middle East was limited.


The Bundesbank reiterated its opposition to the ECB's purchase of bonds, while the European Central Bank also denied reports of the German media's intervention in the bond market.


Again Capital LLC, a New York partner in New York, John Kilduff, said: "after a speech by the German central bank officials, the ECB's debt purchase plan seems to be in danger again, which limits the early popularity."


The potential geopolitical threats facing supply and infrastructure maintenance continue to provide support for oil prices. Moderate demand, signs of economic slowdown, and rumors about the release of strategic oil reserves have been limited.


Buzzard, the largest oil field in the UK, will be closed and shut down before mid 10. The output of major Beihai oil fields will be reduced by about 17% in September, helping to push up the crude oil price in recent months.