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Asian butadiene price move sideways on thin trade

Shandong (JLC), October 27, 2023--Asian butadiene market prices moved sideways this week, with the price closing at $1,025-1,033/mt FOB South Korea and $1,055-1,063/mt on October 25, respectively.

10-27-2023 17:03:00

PX trades to be seen in futures market on Sep 15

Shandong (JLC), September 13, 2023--The China Securities Regulatory Commission has approved the registration of paraxylene (PX) options on the Zhengzhou Commodity Exchange, and PX trades will be carr

09-13-2023 10:48:37

PetroChina International tests paperless trade on digital platform TradeGo

Guangzhou (JLC), August 4, 2023 – PetroChina International has recently completed a test using an electronic bill of lading (eBL) through the digital platform TradeGo for a paraxylene (PX) trade.

08-04-2023 14:34:04

China benzene market stalemate with traders sidelined

Shandong (JLC), November 15, 2022--Into November, the benzene market moved sideways as a whole. The benzene market was in a dilemma of ups and downs, and traders held wait-and-see mentality.

11-15-2022 16:04:00

RCEP trade pact to boost domestic polyester product exports

Shandong (JLC), November 18, 2020--Regional Comprehensive Economic Partnership （RCCEP） trade pact was expected to boost China’s polyester product exports as it would reduce the cost of polyester products and improve product competitiveness in China.

11-18-2020 16:49:10

Escalated Sino-US trade friction to impact methanol and chemical fiber industry (Part II)

Shandong (JLC), May 21, 2019--The Sino-US trade friction escalated recently, which would impact China’s methanol and chemical fiber industry.

05-21-2019 14:11:42

Escalated Sino-US trade friction to impact methanol and chemical fiber industry

Shandong (JLC), May 21, 2019--The Sino-US trade friction escalated recently, which would impact China’s methanol and chemical fiber industry.

05-21-2019 14:03:10

International methanol trade analysis

Shandong (JLC), February 18, 2019--Trends of international methanol trade will remain stable in the short run, but will be greatly affected by rising supply in the US, trade flow from South America and rising demand in Southeast Asia.

02-18-2019 13:47:55

2018 PP industry highlight 1: Sino-U.S. trade friction

The Sino-U.S. trade friction impacted on more the export of China’s plastic products. China exported about 3 million mt polyolefin products to the U.S. in 2017, taking up 6% of China’s total polyolefin products.

01-24-2019 16:45:54

Operation Suggestions to PE Manufacturers, Traders and Downstream Plants

For downstream plants, it will be better for them to maintain low inventory level and purchase on a need-to basis. Since the PE capacity will increase in 2019, this will provide ample PE resources to the downstream plants.

01-09-2019 17:18:47

Methanol price surge against the Sino-US trade war

US still has plan to put into methanol units into operation, with the total capacity around 3.5-4.5 million mt/yr. Since China is the major methanol consumer in the world, thus more US methanol will be sold to China in the future.

08-08-2018 10:02:11

Sino-US trade war hits Asian PX market

Shandong (JLC), June 26, 2018--Asian PX price dropped by $36.34/mt in total within two days to $935.33/mt FOB South Korea and $954.33/mt CFR Taiwan area as Trump administration threatened to impose an additional 10% tariff on $200 billion worth of Chinese products on June 18th.

06-26-2018 17:44:40

The ease of the Sino-US trade friction is good for styrene market

On May 19th, China and the U.S. issued a joint statement in Washington. It is stressed that "both sides agreed to maintain high-level communication, and seek solutions to address their economic and trade problems." The joint statement means that trade friction has eased in the short term.

05-24-2018 14:30:08

JLC special on China-US trade war: chemical industry stay calm

A new round of Deeu negotiations is about to begin. Market market liquidity may face challenges in June. We will continue to eye on the follow-up impact on the market.

05-24-2018 10:19:34

Sino-US trade war to hit toluene, MX markets

Toluene and MX market discussions will enforce affected by speculation activities as the trade war between China and the US saw a stage progress.

05-22-2018 17:07:52

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

Melamine trades to fail to follow uptrend in offers

After the Chinese New Year holiday, the melamine price kept a downtrend, and the prevailing price almost reached CNY7,000/mt. Most participants thought the bottom had appeared. However, the downstream demand kept slack, and some producers cut their offers further for easing the inventory pressure.

04-25-2018 17:55:36

Tradeable indications in acetic acid market move upward

The November 7th-November 11th period witnessed slight price growth in China acetic acid market. In early time of last week, acetic acid price read CNY2,531/mt and the price was CNY2,587/mt at the end of the week, up by 2.22%.

11-15-2016 10:55:49

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