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China polyester prices fall on lower crude prices

Shandong (JLC) March 15, 2023---In the traditional peak demand season, China polyester prices did not see a rise amid continuous decline in crude prices.

03-16-2023 16:00:00

Domestic PX prices down on lower crude prices

Shandong (JLC), July 19, 2022--China paraxylene(PX) prices decreased over July 9-15, as PX supply remained normal and international crude prices decreased. Additionally, downstream PTA prices decrease

07-19-2022 16:15:31

Toluene & MX in a dilemma despite higher crude price

Shandong (JLC), June 24, 2020--Toluene and mixed xylene (MX) markets stood in a dilemma amid tightened storage space at ports but the persistently weak demand, in spite of the higher crude price.

06-24-2020 17:09:09

PTA market enjoys boost from upward crude prices

Shandong (JLC), May 19, 2020--China purified terephthalic acid (PTA) prices have been on the rise since May 14, largely because crude futures prices went up, though the fundamentals in PTA market was weak.

05-19-2020 11:07:50

PTA market to thin on slump in crude price

China’s PTA market is expected to remain sluggish with high social inventory but slack end demand as the slump in crude hit bottom fishing operators’ confidence.

04-23-2020 13:39:04

Domestic spot and futures markets remain weak on slump in crude price

Domestic prices of futures and spot goods maintained downward trend impacted by the decrease in WTI price and US stocks.

04-22-2020 17:29:51

Propane market surges amid the soar in crude price

Shandong (JLC), April 6, 2020--China’s propane market surged in April, boosted by the soar in international crude price, but that may not surge to a high level in the future.

04-06-2020 10:34:15

Crude price hardly to rebound amid falling demand

Shandong (JLC), March 23, 2020--International crude price fluctuated at deep water over March 16-19 as COVID-19 worsened in globe and oil demand expectation plunged.

03-23-2020 17:01:48

Adipic acid prices edge down on slump in crude prices

Shandong (JLC), March 11 , 2020--China’s adipic acid market prices edged down as the plummet in crude oil prices took a blow to feedtock benzene market and the downstream demand for adipic acid was still weak.

03-11-2020 17:27:35

E.C. MX market greatly depends on crude price trend

East China MX prices fell after hitting high recently, mainly affected by fluctuations of crude prices.

11-30-2018 10:02:35

Dives in crude prices hit aromatics market again

Shandong (JLC), November 29--As of November 23, East China toluene and isomer-MX prices dipped by CNY2,565/mt ($369.35/mt) and CNY2,000/mt, respectively from high level on October 29 to CNY5,560/mt and CNY6,050/mt, separately due to plunged crude prices

11-29-2018 15:40:21

OX profits rise despite falling crude prices

Shandong (JLC), November 20, 2018--OX theoretical profits increased unexpectedly with drops in isomer-MX prices though crude prices have been in falling for long.

11-20-2018 14:14:45

Crude price changes hit PTA market

PTA price rebounded after dropping to a low level of CNY5,650/mt then it kept stable at CNY5,700-5,750/mt, showing the close relationship with crude price.

06-14-2018 17:38:43

China MX price jumps on rising crude price, tight supply

Domestic MX price hit a new high of this year due to a fast rise in crude price and tight supply.

05-15-2018 16:49:35

Low crude price will continue in 2016

Since July 2014, crude price has gone through a nosedive from over $100/bbl to $40-60/bbl for recent months. Such distinctive slump was attributed to multiple reasons.

12-07-2015 17:52:39

Slumping crude price challenges coal-chemical industry

According to a newly-delivered report from the International Energy Agency, it is estimated that non-OPEC countries will see the biggest dump of crude supply for over 20 years next year, which is due to the slumping crude price that inhibits shale oil output in U.S.

09-24-2015 15:06:03

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