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China BPA industry sees capacity expansion and margin losses in 2024

Shandong (JLC), December 17, 2024—In 2024, China’s BPA industry saw continuous expansion of capacity and production margin losses weighed by tepid supply-demand fundamentals and high production costs,

12-17-2024 12:00:22

PX producers still suffer from losses on lower prices

Shandong (JLC), September 19, 2024--PX producers still suffered from losses in early September, as PX prices went lower compared with naphtha prices.

09-19-2024 13:45:52

DOP producers still suffer from losses on higher feedstock

Shandong (JLC), June 20, 2024--DOP producers still suffered from losses in late June, as feedstock octanol prices moved higher, while DOP prices fluctuated slightly.

06-20-2024 09:28:09

China MEG producers suffer losses on muted demand

Shandong (JLC), September 5, 2023--Recently, international crude oil prices continued to fluctuate at high levels due to various bearish factors such as OPEC+ additional production cuts by oil produci

09-05-2023 11:13:00

China styrene losses linger on high cost pressure

Shandong (JLC), August 24, 2023—China styrene producers extended losses amid rising feedstock prices.

08-24-2023 17:40:07

Styrene units to extend losses on high costs in March

Shandong (JLC), February 28, 2023—China’s styrene units will continue to suffer from losses amid high cost pressure in March.

02-28-2023 17:33:54

China styrene units suffer from losses on high costs in 2022

Shandong (JLC), January 9, 2022--In 2022, China's styrene industrial chain expansion continued, coupled with surging global energy prices and economic recession.

01-09-2023 14:01:00

Run rates of caprolactam units down on losses and weak demand

Shandong (JLC), October 28, 2022—The overall operating rate of caprolactam plants maintained at 70% amid margins loss and flat demand.

10-28-2022 17:35:49

China MEG producers suffer losses

Shandong (JLC), May 26, 2022-- China MEG producers suffer losses from January 2022.

05-26-2022 14:00:00

Benzene downstream markets suffer losses

Shandong (JLC), May 24, 2022--As the benzene market prices stepped above CNY9,000/mt, and the loss of the downstream industry chain intensified。

05-24-2022 16:50:00

Propylene producers suffer from losses on high cost, weak fundamental

Shandong (JLC), May 18, 2022--Production margins of propyelne producers have been in negative in past days of the year as the cost was high and the fundamental presented weak.

05-18-2022 17:33:17

Acrylonitrile industry suffers losses on weak fundamentals

Shandong (JLC), May 17, 2022--Recently, the acrylonitrile market has encountered many unfavorable situations such as continued high costs and intensified periodic supply and demand imbalances. The onc

05-17-2022 16:00:00

PX losses put limited impact on production

Shandong (JLC), March 28, 2022--Since the intensification of the Ukrainian-Russian conflict, crude oil has remained high, while the fundamentals of downstream products have not changed much. The main

03-28-2022 17:27:00

Caprolactam losses intensify under high cost pressure

Shandong (JLC), March 28, 2022--Since late February, the upstream benzene market has gradually risen to a high level, while caprolactam has been dragged down by weak demand, and the market growth rate

03-28-2022 17:16:00

China’s MX producers suffer from losses in H2, 2020

The production margins of MX producers have been in negative in the second half of this year pressured by high cost.

12-09-2020 11:05:36

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

Fiber-grade PET chip plants to continue suffering losses in Sept

China fiber-grade PET chip companies ran at a loss in August, and the situation will continue amid weak demand and low prices in September unless demand surges more than expected, according to industry sources

09-02-2020 17:24:04

China’s PET fiber chip prices extend losses on weaker demand

The prices of semi-glossy PET fiber chip in East China continued its downward move in late-August, as pressure from weaker demand offset support from increased costs.

08-27-2020 17:05:51

Toluene, MX producers suffer losses

The production margins of toluene and MX producers have been negative since June, as upstream prices increased, but persistently dim demand made prices of the two products move sideways.

08-25-2020 10:21:15

Operating rates of toluene and MX units to decline on persistent profit losses (Part II)

Shandong (JLC), August 25, 2020--Toluene and MX producers will stabilize their unit operating rates in the short run, but if the profits losses and sales pressure exist for a long time, producers may cut unit operating rates and increase their self-use, decreasing the market supply as a result.

08-25-2020 09:43:26

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