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Environment tax to hit China petrochemical sector

The new tax will exert a big impact on China petrochemical industry as it targets at poisonous and harmful substances.

01-16-2018 15:23:51

East China's methanol imports to stay around 700,000 mt in December

Overall, 260,000 mt methanol cargoes are predicted to arrive at eastern China ports in the reminder of the month, and methanol import volume is to stay around 700,000 mt in December.

12-19-2017 16:10:20

Spot methanol prices at southern China ports on the rise

Spot methanol prices bounced up to CNY3,600/mt on December 13th in Jiangsu after an earlier retreat from that level to CNY3,400/mt triggered by the shift of the most active futures contract from January 2018 to May 2018.

12-18-2017 11:34:32

Meager profits for PET to drag on China MEG market

PET plants saw profits down due to low PET prices, expected to weigh on China MEG market which is seemingly buoyed by shrinking supply.

12-15-2017 18:04:20

The eastern styrene market is likely to end 2017 with a bearish mood

Styrene prices were vibrating in a range of CNY10,600-10,800/mt from late November in East China.

12-15-2017 17:23:01

China methanol market rises robustly amid short supply

China methanol market has extended strong gains since November, owing to uptight supply, coupled with strengthening futures.

12-15-2017 15:05:36

China methanol market firms amid uptight gas supply

China methanol market has been rebounding robustly as 2017 is drawing to the end, hitting a four-year high of CNY3,650/mt in East China and CNY3,680/mt in South China.

12-13-2017 15:44:14

Toluene & MX prices drop continuously in South China

It is predicted that toluene and MX prices in South China will extend weakness over the medium and long term on lack of upward impetus.

12-11-2017 16:31:38

China MMA market likely to remain dull in December

China methyl methacrylate (MMA) market was sagging in November. End users were playing waiting games ahead of lofty prices. It is predicted that China MMA market might extend weakness in December.

12-06-2017 14:12:38

China methanol inventory buildup slows amid strong olefin market in 2017

Methanol inventory mainly kept at a favorable range of 400,000-700,000 mt at China ports in 2017, in stark contrast with the previous two years.

12-04-2017 17:50:03

MA prices see ups and downs throughout 2017, risks seen towards year-end

China maleic anhydride (MA) market vibrated significantly throughout 2017, with prices remaining above CNY7,500/mt and far higher than the year-ago level.

11-23-2017 15:58:41

Styrene prices fragile in South China despite gains in East China

Overall, the southern styrene market is likely to stagger due to strong supply and feeble demand, even though gains in the eastern market could spark temporary upticks in the South.

11-23-2017 10:43:56

PX and PTA markets diverge

The PX market and PTA market, which typically run at par with each other, have shown some trend division recently, with the latter recovering and the former under weak adjustments.

06-22-2017 17:56:02

China EGBE importers hard to reverse losses despite expected price uptick

It is predicted that China EGBE market might bounce up slightly in July, but importers are hard to reverse their losses.

06-22-2017 09:53:13

China octanol market to see milder decline in late June

Closing to the end of June, plants’ inventory liquidation will continue. Octanol prices will keep on the falling path, but the fall is to melt down.

06-21-2017 15:11:26

Lower supply & stronger demand to alleviate OX inventory pressures

Overall, supply shrinkage, together with recovering demand, might ease inventory pressures at the ports. However, a likely weakening PA market might weigh on the OX market and tame OX inventory digestion.

05-31-2017 14:59:34

Benzene market direction to mainly hinge on foreign quote & styrene price in June

China benzene market has been fluctuating since late March, ranging between CNY6,200-6,700/mt, bringing operation difficulty and unsteady profits to market participants.

05-31-2017 11:34:42

Closure of BASF U.S. BA Plant refuels bullish sentiment in China BA market

Growth in the BA market seemed fragile as transaction stagnated after an earlier price gain. It is the accident overseas that revives China stagnant butyl acrylate (BA) market.

05-22-2017 15:08:14

AA price remains high amid tight supply, pushing up HEA & HPA price

The uptrend in AA prices drive up prices for downstream products like hydroxyethyl acrylate (HEA) and hydroxypropyl acrylate (HPA)

05-22-2017 10:34:58

Chemical product markets weaken amid mute demand and environmental inspections

Under such impact, China bulk commodity market kept flagging for a while. In addition to pressure from the upstream, the chemical market was also hurt by weak fundamentals and environmental inspections.

04-25-2017 15:35:49

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