Energy report, Chemical report,News & Commentary, Market Price, JLC database

China EVA supply climb in Aug with most plants running normally

Shandong (JLC), October 17, 2023--According to JLC, the domestic supply of EVA in August 2023 was 185,000 mt, an increase of 16.3% year-on-year and a decrease of 9.3% month on month.

10-17-2023 16:35:00

Chloroacetic acid plants get positive profit on lower cost, tighter supply

China chloroacetic acid producers got positive profit in mid-June 2022 after long-term losses, JLC statistics showed.

06-16-2022 17:55:46

PP plants take intensive maintenance in May

Shandong (JLC), April 24, 2021--On the whole, it is expected that the pessimistic atmosphere will remain in the market in the first ten days of May, and PP market price will rebound in mid-to-late May

04-24-2022 16:13:00

Hanwha Total reduces by 20% operating rates at styrene plant

Shandong (JLC), November 24, 2021--Asian Hanwha Total reduced by around 20% operating rate of its styrene plant due to low margins which was caused by styrene capacity expansion and limited demand.

11-24-2021 16:41:12

Operating rate of hydrogenated benzene plants stays low on price falls

11-23-2021 18:06:22

Four new ECH plants to come online in 2021

China will put four new epichlorohydrin (ECH) plants into production in 2021, which will result in overcapacity in China ECH industry, according to JLC.

01-25-2021 10:41:36

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

Operation rates at Chinese MEG plants fall

The operation rates at Chinese MEG plants slide in the week ended July 30, as local producers slightly reduced running rates at both oil-based and methanol-based MEG units.

08-04-2020 11:36:48

China’s Wanhua expected to open ethylene plant in 4Q

Shandong-based Wanhua Chemical is expected to open its new 1 mln mt/yr ethylene plant and associated downstream chemical units in Yantai city in the fourth quarter.

07-20-2020 15:46:11

Methanol port and plant inventory, Feb 10, 2020

Up to February 10, the port methanol inventory declined to 611,000mt. In the second half of January, some imported goods at ports were delivered to end users in Zhejiang.

02-10-2020 15:14:18

VAC plant operating rates drop on production cut

Shandong (JLC), September 26, 2019--The average operating rate of China’s vinyl acetate (VAC) plants slipped significantly in late September as transportation limitation on hazardous chemicals led to drops in production.

09-26-2019 16:41:18

N China methanol plant operating rate slips on production cut

Shandong (JLC), September 26, 2019--The operating rates of North China-based methanol producers dropped in September due to tougher requirement on constraining production to combat air pollution.

09-26-2019 14:09:18

PTA prices inch up due to unit maintenance in big plants

The 2,200,000 mt/yr PTA unit at Hengli Petrochemical, the main production plants of PTA, was scheduled to undergo 15-day maintenance in mid-September, which boosted the market directly.

09-05-2019 17:01:23

Gas plant blast impacts Henan methanol industry chain

Shandong (JLC), July 19, 2019--The C air separation unit at Yima Gas Factory of Henan Coal Gas (Group) in Sanmenxia, Henan province exploded at around 5:45 pm on July 19, according to the municipal government of Sanmenxia city.

07-22-2019 14:25:36

OX-based PA plants suffer heavy losses in H1 2019

Shandong (JLC), June 24, 2019--The profits of OX-based phthalic anhydride (PA) producers averaged minus CNY277/mt in the first half of this year, as China PA prices kept falling amid persistently weak demand.

06-24-2019 14:43:33

OX plants’ price cuts fail to save downstream losses

China’s state-owned Sinopec planned to lower listing prices of ortho-xylene (OX) by CNY300/mt to CNY5,900/mt on June 7, but this did not pull OX downstream producers from losses, according to JLC research.

06-06-2019 17:34:17

Coal-based MEG plants eye improved utilization rates

Shandong (JLC), May 29, 2019--Utilization rates in China coal-based MEG industry increased slightly to 55% on May 28 as some idled units restarted gradually with drops in MEG prices slowed down.

05-29-2019 11:24:00

China ammonium phosphate plants get more profits from export market

China ammonium phosphate market sufferd a lot recently, but the export trading provided more profits compared with the domestic transactions.

05-22-2019 17:41:54

Asia PX supply may tighten on Taiwan aromatics plant blast

Shandong (JLC), April 9, 2019--Formosa Chemicals & Fiber Corporation (FCFC)’ Aromatics No. 3 plant suffered an explosion on April 7 afternoon, which was expected to cause tight supply of PX in the short run, and the whole chemical fiber chain market would be possibly boosted accordingly.

04-09-2019 15:23:48

Two methanol plants in America to come onstream in 2019

Shandong (JLC), January 28, 2019--Two methanol plants in America will come onstream in the second half of 2019, with one in the U.S. and the other in Trinidad and Tobago.

01-28-2019 16:36:24

Login

Leading provider of market intelligence and pricing solutions for energy products and commodities in China