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China's ZCE launches bottle-grade PET futures contracts

Guangzhou (JLC), September 13, 2024 – China's Zhengzhou Commodity Exchange (ZCE) officially launched the trade of bottle-grade polyester (PET) resin futures contracts on August 30.

09-13-2024 18:14:13

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

Zhengzhou Commodity Exchange to launch PX futures on Sept 15

Guangzhou (JLC), September 11, 2023 – Zhengzhou Commodity Exchange (ZCE) is set to launch the trading of paraxylene (PX) futures on September 15 (Friday).

09-11-2023 18:08:01

China urea prices gain on uptick in futures

Shandong (JLC), February 17, 2023--For half a month since the opening of urea futures after the Spring Festival, it has continued to fall sharply, with the main contract falling to CNY2,400/mt.

02-17-2023 00:00:00

Adipic acid price falls on plunged crude futures

Adipic acid market fell after rising followed with benzene prices.

07-20-2021 17:13:22

China’s urea price declines on supply gains, bearish futures market

Shandong (JLC), March 9, 2021--China’s urea market price began to decline from February 26, and up to March 8, it fell by around CNY130/mt in total, caused by the growing output and bearishness in urea futures market.

03-09-2021 17:06:47

China’s newly-launched PSF futures end week higher

China’s newly-launched futures contracts for polyester staple fiber (PSF) ended the first listed week higher, underpinned by the strong fundamental in physical market.

10-16-2020 18:47:05

China PTA futures prices expected to be weak

PTA futures prices are expected to be weak due to expectations of continually rising capacity, weak downstream demand and high inventory.

08-25-2020 08:28:50

June styrene futures may rise on cost gains

Shandong (JLC), June 17, 2020--In June, the styrene futures was likely to move up along with the cost rise despite the both strong supply and demand.

06-17-2020 17:09:52

First styrene futures delivery hedges risk

Shandong (JLC), April 23, 2020--Styrene futures contract saw delivery for the first time after it listed on Dalian Commodity Exchange, helpful for enterprises to accelerate funds withdrawal and giving them a hand to hedge risk.

04-23-2020 17:10:03

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

Methanol prices fall on weak fundamentals and oil futures crash

Shandong (JLC), April 22, 2020--China’s methanol market prices had already started the downtrend recently amid imbalanced fundamentals, and the plummet in crude oil futures further depressed the market sentiments.

04-22-2020 17:13:37

MX prices move up on rising crude futures

Shandong (JLC), April 10, 2020--China mix-xylene (MX) prices tracked an uptrend during April 3-9 amid upward crude futures prices as OPEC+ would hold a discussion to cut production, and the buying interest improved greatly.

04-10-2020 13:47:29

PP prices surge on rising futures and demand

PP prices soared in April after the plunge in March, with a daily increase of CNY 300-700/mt.

04-09-2020 16:08:17

PTA prices hit record low on crashed crude futures

Shandong (JLC), March 16, 2020--PTA futures prices recorded a historical low as of March 13 as plunges in crude futures prices resulted in plummeted chemical market.

03-16-2020 17:29:43

Styrene futures prices may inch down on weak fundamentals (part II)

Shandong (JLC), January 15, 2020--Styrene futures prices will inch down as the supply is expected to rise amid the high unit operating rates and the start-up of new styrene unit at Zhejiang Petroleum & Chemical, and the demand for styrene is much likely to weaken amid the poor downstream profits.

01-15-2020 15:02:01

Styrene futures prices may inch down on weak fundamentals (part I)

Shandong (JLC), January 15, 2020--Styrene futures prices will inch down as the supply is expected to rise amid the high unit operating rates and the start-up of new styrene unit at Zhejiang Petroleum & Chemical, and the demand for styrene is much likely to weaken amid the poor downstream profits.

01-15-2020 14:56:20

Urea futures and spot show opposite trends

In the 12th week of urea futures listing on the Zhengzhou Commodity Exchange, the UR2001 futures contract prices fluctuated between CNY1,680-1,690/mt. As for the spot market, urea prices fell in different degrees in markets, with the decline ranging CNY30-40/mt.

11-07-2019 16:12:13

Methanol futures to remain low amid oversupply (Part II)

Shandong (JLC), September 12, 2019--Methanol futures prices will fall again as the oversupply remains in the market.

09-12-2019 08:14:21

Methanol futures to remain low amid oversupply (Part I)

Shandong (JLC), September 12, 2019--Methanol futures prices will fall again as the oversupply remains in the market.

09-12-2019 08:12:30

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