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China MEG market stays in stalemate on supply-demand conflict

China MEG prices were stable-to-falling in the week ended November 17. The MEG prices in East China was CNY3,850-3,965/mt on November 17, that in South China was CNY4,150-4,200/mt.

11-22-2022 17:18:29

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

India lockdown’s influences on China fertilizer market

Along with the escalating epidemic, Indian Prime Minister Modi announced a order for imposing the 21-day nationwide lockdown from March 25 for stemming the spread of COVID-19. All the stores, business centers, plants, office, markets and logistics would shut down.

03-26-2020 18:29:03

China PTA inventory piles up despite geopolitical conflict

-Geopolitical conflict in the Middle East did not affect PTA supply in China, and PTA inventory still accumulated.

01-09-2020 17:30:47

U.S.-Iran conflicts impact butadiene market (part II)

Shandong (JLC), January 8--The U.S.-Iran conflicts broke out on January 3, 2020, but it exterted limited impacts on China’s butadiene market.

01-08-2020 15:50:06

U.S.-Iran conflicts impact butadiene market (part I)

Shandong (JLC), January 8--The U.S.-Iran conflicts broke out on January 3, 2020, but it exterted limited impacts on China’s butadiene market.

01-08-2020 15:44:20

Newly-built methanol unit to come onstream, supply-demand conflict continue

Heilongjiang Province, Liaoning Province and Jilin Province are rich in energy resources, and they are heavy industry bases in China. Thereinto, Heilongjiang Province and Liaoning Province are rich in coal, natural gas and oil resources, favorable for producing methanol.

09-20-2018 14:45:37

Propylene price surge’s influence on 2-EH market

China 2-EH price rebounded recently, amid cost support caused by the propylene price surge. However, the 2-EH price declined this week.

08-21-2018 10:59:52

Environmental protection inspection's influences on methanol industry (Part 2)

Shandong (JLC), July 13, 2018--In May 2018, according to the Ministry of Ecology and Environment, the first batch of central environmental protection inspection “look back” started. The inspection was composed of six central environmental protection inspection teams.

07-13-2018 13:48:56

Environmental protection inspection's influences on methanol industry (Part 1)

Shandong (JLC), July 13, 2018--With the continuous improvement of people’s living quality, the inevitable social demand for good ecological environment has been rising.

07-13-2018 13:42:49

China-US trade war’s influence on China methanol market (3)

On the one hand, imported natural gas may reduce the cost of domestic natural gas. This will increase the cost competitiveness of natural gas to methanol production on the domestic market. On the other hand, the import of ethane may increase the demand for domestic ethane cracking, which...

05-22-2018 11:02:12

China-US trade war’s influence on China toluene/xylene market (2)

The arbitrage window between Asia and U.S. was under closure for most of the time. U.S. usually relied on European toluene and xylene imports to supplement domestic demand. Thus, the trade war relaxation won’t exert large influence on the arbitrage operation between China and U.S.

05-22-2018 10:59:52

China-US trade war’s influence on China styrene market (1)

As a whole, the trade negotiations is favorable for China styrene market, which will boost styrene market price in the short term, coupled with good supply-demand fundamentals.

05-22-2018 10:56:28

SECCO accident's influence on Chinese styrene market

An accident took place at North shore of Hangzhou Bay on May 12th 3:00pm when the workers of Shanghai Aijinke Engineering Construction Services were carring out overhaul of SECCO’s storing tanks.

05-18-2018 15:30:08

A petrochemical safety accident influences the butadiene market

According to news report, an accident took place at North shore of Hangzhou Bay on May 12th 3:00pm when the workers of Shanghai Aijinke Engineering Construction Services were carring out overhaul of SECCO’s storing tanks.

05-15-2018 15:13:24

MX price in East China kept range-bound at high amid the influence of multiple factors

The MX discussions in East China saw a standoff in these days. The crude oil price kept volatile at high levels, buoying MX market to some degree. But MX price lost the upward momentum in light of the slack demand. The discussion level

12-20-2017 16:45:50

Industrial gas supply's influences on natural gas-based methanol units

11-21-2017 17:22:30

Iran earthquake may have limited influence on China methanol market

11-16-2017 11:16:30

India NFL canceled urea tender but this exerts limited influence on China market

India NFL canceled the urea tender on November 7th. This behavior exerted certain influences on both China and international markets. After all, China market was underpinned by the India urea tender to some degree in earlier stage.

11-09-2017 18:53:59

Supply and demand fundamentals influence China methanol market greatly

Supply and demand fundamentals influence China market greatly

09-27-2017 16:55:28

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