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Propylene prices decline amid sluggish downstream demand

Shandong (JLC), December 12, 2023—China propylene market declined amid sluggish downstream demand due to continuous margin losses. Part PP producers chose to sell propylene feedstock from their invent

12-13-2023 15:36:18

PE prices may fall to the cost line in Q4

Shandong (JLC), November 14, 2023—China PE prices might fall to the cost line in Q4, 2023 amid long supply but weak demand, JLC estimates.

11-14-2023 00:00:00

Sinopec and INEOS formally sign deal for Tianjin ethylene project

Guangzhou (JLC), August 3, 2023 -- Sinopec and INEOS formally signed a cooperation agreement on August 2 to form a 50-50 joint venture, through which they will jointly operate the Tianjin project.

08-03-2023 14:31:39

ZPC scheduled to bring online phase-III ethylene unit this year

?Shandong (JLC), March 21, 2023--Private Zhejiang Petroleum and Chemical (ZPC) is scheduled to put its phase-III ethylene unit, with a capacity of 1.4 million mt/yr into operation this year, market so

03-21-2023 17:33:21

Yuandong Technology brings online China’s first PDH unit

?Shandong (JLC), June 23, 2022--Yuandong Technology in Puyang, Henan put its 150,000 mt/yr PDH unit into operation on June 19, the first PDH unit with independent technology in China.

06-23-2022 16:02:34

High butadiene prices undermine downstream margins in March

Shandong (JLC), April 21, 2022--China butadiene prices increased in March, and the high feedstock prices dragged down downstream production margins.

04-21-2022 00:00:00

Propylene market being too high on Ukraine-Russia conflict

China propylene prices surged to a too-high level as the crude price jumped affected by the Ukraine-Russia war.

03-09-2022 16:05:21

Four new ECH plants to come online in 2021

China will put four new epichlorohydrin (ECH) plants into production in 2021, which will result in overcapacity in China ECH industry, according to JLC.

01-25-2021 10:41:36

Propylene glycol prices to decline on weak demand

Shandong (JLC), August 26, 2020--China’s propylene glycol market price may go range-bound in the short term, probably declining, largely undermined by the weak demand, despite the cost supports.

08-26-2020 09:19:00

Butadiene prices decline dragged down by the low EXW offer

Shandong (JLC), March 31, 2020--China’s butadiene market prices still moved down in the week ended March 29 as the key producers continued lowering their EXW prices amid weak fundamentals and it was also depressed by the Europe-origin cargo arrivals.

03-31-2020 13:56:59

Propylene prices decline amid oversupply

Shandong (JLC), December 12, 2019--Propylene prices kept declining in December as the supply-demand imbalance intensified. Up to December 9, the prevailing transaction price in Shandong read CNY6,670-6,700/mt, down CNY315/mt or 4.5% from early December.

12-12-2019 09:40:56

MAA prices linger around the cost line in H1, 2019

Shandong (JLC), July 11, 2019--Methacrylic acid (MAA) prices remained range-bound in the first half of 2019 (H1, 2019), close to the cost line.

07-11-2019 11:17:08

Propylene market insiders stand on sidelines

Shandong (JLC), May 14, 2019--China’s propylene market was infused with wait-and-see sentiments amid multiple factors.

05-14-2019 17:15:17

ECH：Price to decline further

China’s ECH price plunged recently. Though major ECH producers shut down for maintenance, with the restarting date uncertain, this could hardly stiffen the ECH market in China. China’s ECH price is expected to decline further with the upstream and downstream market status considered.

11-26-2018 17:38:09

Arylonitrile price declines unexpectedly

China’s acrylonitrile price stayed firm this year, and it stayed firm even amid run rate reduction of downstream industries. However, China’s acrylonitrile price started to decline after the National Day holiday (October 1-October7).

10-24-2018 16:23:42

China IBA (Isobutyraldehyde) Price Declines

In short, IBA supply will continue to be ample and China IBA market will suffer large cost pressure. Besides, the demand from the coating industry is weak. Thus, it is expected that the IBA price in China can hardly increase in the short run.

10-23-2018 15:08:31

Accidental or inevitable? China styrene market boomed after the collision incident

07-12-2017 13:52:11

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

Benzene market gained support from downstream profits in a short term

Theoretically, it’s seen from above that the downstream products could still gain sufficient profits, which indicates that their production demands would be maintained in a short term and can underpin benzene market to some extent.

03-31-2016 14:15:13

Methanol inventory declines

Technically speaking, methanol futures prices will bounce back in a short term after reaching the bottom, thus stocking up at low price will be a wise choice. ?

09-17-2015 17:56:01

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