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DOP industry’s profits on upturn, backed by falling feedstock prices

Shandong (JLC), November 8, 2023—DOP industry saw bumper profits and remained on the upturn track, backed by the falling prices of feedstock octanol and o-xylene-based phthalic anhydride (OX-based PA)

11-08-2023 08:22:38

Global styrene flow eyes variation on capacity change

?Shandong (JLC), November 22, 2022--The global styrene flow changed during 2021-2022 when China styrene capacity underwent faster expansion while more styrene units in Europe and the US suspended prod

11-22-2022 11:10:48

China PX supply-demand pattern to be balanced in Q4

Shandong (JLC), September 22, 2022--Domestic PX supply-demand pattern will be tight in the fourth quarter of 2022, with a growth in both supply and demand aspects, JLC data shows.

09-22-2022 17:29:58

Sinopec Baling constructs 170,000 mt/yr styrene-based TPES project in Hainan Province

Shandong (JLC), September 15, 2021--On the morning of September 13, the 170,000 mt/yr styrene-based thermoplastic elastomer (styrene-based TPES) project invested by Sinopec Baling Petrochemical started construction in Yangpu Economic Development Zone.

09-15-2021 17:14:51

China styrene prices to extend high on tight balance

Shandong (JLC), April 26, 2021--Domestic styrene market prices are expected to continue to rise in the near term fueled by tight fundamentals.

04-26-2021 15:11:49

South China styrene fundamentals balanced

Shandong (JLC), September 24, 2020--Styrene supply-demand fundamentals in South China saw a balanced point at present as Dongguan Xinchangqiao Plastic brought its EPS units online, increasing the demand for styrene.

09-24-2020 16:47:56

Global PX capacity surges in 2019

Shandong (JLC), April 27, 2020--The global PX capacity increased sharply in 2019, largely contributing to great rises in Asian PX capacity, and the output moved higher simultaneously.

04-27-2020 16:59:13

New export rebate may not greatly spur China’s OX exports

The new export rebate rate issued by State Taxation Administration on March 17 may not spur China’s OX exports, but may boost phthalic anhydride exports.

03-23-2020 16:24:04

China MX prices record new low on gloomy global economy

Shandong (JLC), March 23, 2020--China’s mixed xylene (MX) prices hit a new low as worldwide spread of virus and crashed crude futures prices resulted in turbulent financial market globally.

03-23-2020 13:56:18

China’s chemicals suffer great shock from global economy turmoil

Shandong (JLC), March 16, 2020--China’s overall chemical market was strongly hit by the turbulent economy in the world as the halt of global stocks contributed to plunges in energy and chemical markets and the global trade liquidity has slowed sharply resulting from worldwide virus spread.

03-16-2020 15:24:12

Styrene prices down on imbalanced fundamentals

Shandong (JLC), March 10, 2020--Recently, China’s styrene market price went down as a whole as the supply was in glut and the demand recovered slowly affected by the public health event.

03-10-2020 18:42:36

Global arbitrage analysis in toluene market

Shandong (JLC), August 7, 2019--The arbitrage window of toluene between the US and Europe or Asia opened completely in July due to high toluene prices in the US caused by robust demand from gasoline blending market.

08-07-2019 16:42:48

SBAC prices eye ups and downs in late June

Shandong (JLC), June 26, 2019--Sec-butyl acetate (SBAC)market prices saw ups and downs in late June amid tight supply and weak demand as well as the high profits.

06-26-2019 16:09:40

OX-based PA plants suffer heavy losses in H1 2019

Shandong (JLC), June 24, 2019--?The profits of OX-based phthalic anhydride (PA) producers averaged minus CNY277/mt in the first half of this year, as China PA prices kept falling amid persistently weak demand.

06-24-2019 14:43:33

NBA and octanol prices fall amid weak demand

Shandong (JLC), April 23, 2019--Both n-butyl alcohol (NBA) prices and octanol prices fell, mainly because demand was slack and feedstock propylene prices dropped.

04-23-2019 09:02:41

Coal-based benzene to see weak trend

The coal-based benzene market will see weak trend amid the unbalanced supply and demand fundamental.

03-27-2019 14:18:28

The 100,000mt/yr coal-based MEG project at Yanchang Petroleum to start up in June 2019

Up to now, Yanchang Petroleum Refining & Chemical (hereafter refered to as Yanchang Petroleum for short) had finished 80% constrocution work of its 100,000 mt/yr coal-based MEG project.

01-21-2019 16:10:20

OX, naphthalene-based PA spread narrows

China OX-based and naphthalene-based PA spread narrowed this week (Dec 10-Dec 16) due to surged crude naphthalene prices and stable OX prices.

12-18-2018 16:58:41

Global MX arbitrage analysis

The global MX prices vibrated downwards affected by ongoing drops in crude prices, and arbitrage window between Europe and the US and that between the US and Asia changed greatly.

11-15-2018 14:46:21

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

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