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Acrylonitrile market expected to still face oversupply in 2024

Shandong (JLC), March 1, 2024--Acrylonitrile market will still face oversupply in 2024, as the industry capacity growth will continue to outpace downstream capacity growth.

03-07-2024 17:12:19

China acrylonitrile market faces stalemate on high cost but weak fundamentals

China acrylonitrile market is expected to face a stable market in the future. The cost-side support keeps firm, but the supply and demand fundamentals are weak.

03-18-2022 15:24:26

China acrylonitrile to face downward pressure in early 2022

Shandong (JLC), December 20, 2021--China’s acrylonitrile market is anticipated to be lackluster and under downward pressure at the start of 2022 due to heavy pressure from growing capacity, subdued demand and weak cost support.

12-20-2021 17:03:47

China benzene market faces stablemate

The benzene market saw a stalemate currently, and market prices moved sideways. The downstream companies only maintained necessary operation, restricting the benzene demand.

07-15-2021 15:09:47

China acetic acid market faces tight supply

China’s spot supply of acetic acid was tight in early June, as many producers focused on the delivery of long-term contracts and export.

06-08-2021 16:29:01

China potassium chloride market faces a stalemate

China potassium chloride market faced a stalemate currently amid tight supply and weak demand.

04-29-2021 16:48:33

Methanol supply faces different statuses in SW China and E China

The methanol market faced mixed supply statuses in Southwest China and East China markets.

04-29-2021 16:47:10

Crude benzene market faces bearish pressure

China crude benzene market kept weak in 2020 amid bearish sentiments. The crude benzene faced several bearish factors, though the increase in operating rate in hydrogenated benzene industry may support the crude benzene market somewhat.

10-28-2020 17:05:35

China’s PFY producers face wider losses on weak fundamental

Polyester filament yarn (PFY) producers are suffering widening losses, squeezed by lower spot prices amid weak fundamental.

09-24-2020 17:16:29

China’s acrylonitrile prices face downward pressure

The fundamental in China’s acrylonitrile market weakened slightly in the week ended June 28 with ample supply amid an expectation of soon start-up at Zhejiang Petroleum and Chemical’s (ZPC) new unit.

06-29-2020 17:26:18

Acrylonitrile industry may face oversupply in 2020

Shandong (JLC), January 21, 2020--In 2020, acrilonitrile market in China will face the oversupply as the new units will start up intensively and the downstream demand will grow slowly.

01-21-2020 15:24:02

N-butanol industry faces fierce competition (Part II)

Shandong (JLC), November 21, 2019--China’s n-butanol industry is facing fierce competition in 2019 due to escalated Sino-US trade friction, consequent safety accidents on chemical units and declines in industry prosperity.

11-21-2019 14:15:10

N-butanol industry faces fierce competition (Part I)

Shandong (JLC), November 21, 2019--China’s n-butanol industry is facing fierce competition in 2019 due to escalated Sino-US trade friction, consequent safety accidents on chemical units and declines in industry prosperity.

11-21-2019 14:12:22

China DMC price faces downward pressure

China DMC price to be stable-to-dipping, because of weak downstream demand, mute feedstock market and the expected-to-increase supply, according to JLC prediction.

06-25-2019 16:57:17

DMC industry faces challenges amid bearish factors

Shandong (JLC), April 24, 2019--Dimethyl carbonate (DMC) industry faced challenges as pro-environment standards became higher, and demand from downstream users declined.

04-24-2019 08:20:16

China’s SAP industry faces challenges

Shandong (JLC), April 11, 2019--China’s super absorbent polymer (SAP) industry faced challenges such as pressure from imported SAP, rising costs and industry reshuffle.

04-11-2019 08:43:54

China MX market to face downward pressure

Shandong (JLC), October 31, 2018--China MX market will suffer downward pressure as surges in MX prices have led to profit shrink of downstream plants, worse economical efficiency of blending oil and open of arbitrage window between domestic and international markets.

10-31-2018 17:41:58

New PX supply pattern surfaces in Asia in 2018

Asian PX supply saw a new pattern after Reliance Industries’ newly-added PX unit came onstream in 2016, when India’s PX capacity had surpassed that in Japan and ranked third.

10-31-2018 16:37:59

PX profits face bad situation

PX margins had been shrinking since April 2018, especially the margins of PX produced by MX merely maintained break-even.

05-29-2018 13:49:05

China coal-to-MEG industry faces four major problems

China is the world's largest consumer of MEG, with annual imports exceeding 7 million mt for seven consecutive years. The import volume reached 8.6 million mt in 2018, hitting historical high.

05-24-2018 10:57:41

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