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China ethanol price rises to a year’s high

China’s ethanol market price rose to a year’s high at CNY7,250-8,000/mt on February 24, responding to the growing cost, compared with the price of CNY6,625-7,700/mt at the beginning of this year.

02-25-2021 10:45:02

China octanol price hits 8-year record high

As of February 18, the first working day after the Chinese New Year holiday, China’s octanol price in East China closed at CNY12,000/mt, hitting eight year record high and up by 15.9% from February 10, JLC data shows.

02-19-2021 14:31:37

China MMA price surges after the holiday

As of February 18, the first working day after the Chinese New Year holiday, China’s MMA price closed at CNY13,250/mt, up by 10.4% from February 10, JLC data shows. The price rise was attributed to limited supply caused by intensive maintenance and large export demand.

02-18-2021 16:52:53

Sinopec to increase ethylene output in 2H

China’s biggest refiner Sinopec plans to increase its daily ethylene output in the second half (2H) of this year, aiming to help maximize operation margins at its refining & chemical complexes.

08-31-2020 18:12:17

China phenol stock hit record high over 50kt

Up to January 24, China’s phenol inventory hit a record high, which was above 50,000mt, caused by sluggish demand and logistics ban against the backdrop of the new coronavirus, JLC data shows.

02-25-2020 14:47:12

JLC China Sulfur Imports Analysis, 2019

In recent 5 years, China’s sulfur imports sustained above 10 mln mt. In 2019, China imported 11.73 mln mt sulfur, up 8.79% YoY.

02-18-2020 09:47:30

MMA unit shutdown list caused by logistics ban

The operating rate of China MMA market was low at 47.78% as of February 10, 2020. This low operating rate was caused by the logistics ban triggered by the new coronavirus. Many MMA plants reduced operating rates or shut down to cope with the new coronavirus.

02-10-2020 16:34:33

The market price of ammonium nitrate goes range-bound

On June 18, the commodity index of ammonium nitrate was 103.51, which was 12.59% lower than the highest point of 118.42 on January 15, 2019 and 33.79% higher than the lowest point of 77.37 on October 31, 2016. (Note: Calculation ranges from February 1, 2013 to the present).

06-26-2019 11:07:47

DCE MEG futures saw short positions

DCE MEG futures saw short positions since its launch on December 10 of 2018, amid rising inventory and market insiders’ output increase expectation in 2019.

01-22-2019 16:51:40

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

China building steels downstream demand analysis

In September 2018, the investment in fixed assets of highway, waterway and transportation was RMB 190.1 billion, a year-on-year increase of 0.61%. Thereinto, the fixed assets of highway was RMB 1,763.8 billion, a year-on-year decrease of 0.11%.

11-28-2018 16:54:16

Liquid ammonia price to decline in the coming two months

In October, downstream purchase weakened. Currently, market insiders expected that the liquid ammonia price will decline in most regions of the world in December of 2018 and January of 2019.

11-28-2018 16:21:49

MEG: Hard to find breakthroughs

The launch of the MEG futures will bring speculation opportunities and the G20 summit and the OPEC meeting might bring some good news for the fringe market. Thus, China’s MEG price is expected to first sustain range-bound in the short run.

11-28-2018 14:10:00

2-EH price tendency forecast under continuous propylene reduction

Recently, China’s propylene price kept declining, and it had declined by over CNY 1,000/mt over one week. Thus, the propylene market was infused with pessimistic sentiment.

11-28-2018 13:45:57

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

Utilization rate analysis for epoxy resin industrial chain for 2018

The utilization rate of China epoxy resin industry sustained low around 45%-50% in 2018, under the restriction of the pro-environment inspections. Most plants directly sold products to contract customers, thus tradable goods were limited in the market.

11-26-2018 16:46:28

Ammonium sulfate price goes range-bound amid weakening downstream demand

Shandong (JLC), November 21, 2018--China’s ammonium sulfate price went range-bound within a narrow range this week. Coke-oven plants were active in promoting sales of ammonium sulfate and downstream users picked up goods regularly.

11-21-2018 15:04:53

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

2018 semi-annual methanol data report

Port inventories were stable at low levels in 2018 and many international newly-added projects were put off from starting up. Units in Iran, New Zealand and other international units took maintenance in March to May.

08-16-2018 09:56:38

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