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South China’s toluene and MX market prices surge on multiple positive factors

Shandong (JLC), February 28, 2024—After the Spring Festival holiday, South China’s toluene and MX markets witnessed price increases, boosted by multiple positive factors.

02-28-2024 14:37:41

MEG prices in South China inch up amid tight supply

Shandong (JLC), April 23, 2023---MEG prices in South China inched up amid tight supply during April 17-23.

04-24-2023 10:00:00

Butadiene capacity expands, with proportion in South China rising

Shandong (JLC), March 14, 2023--In January 2023, the 200,000 mt/yr butadiene unit at Shenghong Refining and Chemical was put into operation, opening the prelude to the continuous increase of butadiene

03-14-2023 00:00:00

PE production capacity rises on new units in South China

Shandong (JLC), March 3, 2023--In February, new PE units of Guangdong Petrochemical and Hainan Refining and Chemical were put into operation successively.

03-03-2023 00:00:00

South China’s styrene prices fluctuate in Q3

Shandong (JLC), September 29, 2022—South China’s styrene prices slumped in July, then rallied in August and went range-bound in September.

09-29-2022 14:35:22

South China styrene market analysis

Shandong (JLC), September 15, 2022--South China’s styrene market prices rose and then eased from mid-August, broadly following supply moves, with the price spread between South China and East China se

09-15-2022 15:46:33

South China’s styrene capacity expansion in 2021

Shandong (JLC), April 1, 2021--As of March 31 2021, China’s total styrene capacity rested at 13.619 mln mt/yr, of which South China's styrene production capacity had surpassed that of Northeast China, becoming the third largest styrene production area in China.

04-01-2021 15:18:52

South China’s MX down on weak demand

Shandong (JLC), December 24, 2020--Current mixed xylene (MX) market price in South China went down undermined by persistently subdued demand, although it posted increases in early December boosted by the tight supply.

12-24-2020 17:09:05

South China styrene fundamentals balanced

Shandong (JLC), September 24, 2020--Styrene supply-demand fundamentals in South China saw a balanced point at present as Dongguan Xinchangqiao Plastic brought its EPS units online, increasing the demand for styrene.

09-24-2020 16:47:56

Methanol arrival & inventory in South China

Shandong (JLC), June 11, 2020--The methanol imports in May are assessed at around 1.15 million mt, up 80,000 mt month on month.

06-11-2020 09:21:41

South China’s toluene price hits the record low on bearish atmosphere

Shandong (JLC), March 24, 2020--The toluene market price in South China had hit the record low since 2003 amid the unimproved demand in China and the fluctuating financial environment in the world.

03-24-2020 16:58:54

Toluene supplies tighten in Sinopec South China

The toluene supply of Sinopec South China Sales Company was intermittent since this week. For the unexpected tightening of Sinopec’s supply in South China, it was believed that the market upward timing was not mature.

08-21-2019 17:18:34

South China methanol market remains weak amid bearish factors (Part II)

Shandong (JLC), June 20, 2019--Methanol market in South China remained weak recently as inventory increased but downstream demand was weak.

06-20-2019 14:00:21

South China methanol market remains weak amid bearish factors (Part I)

Shandong (JLC), June 20, 2019--Methanol market in South China remained weak recently as inventory increased but downstream demand was weak.

06-20-2019 13:51:35

South China toluene prices drop on weakened demand

Shandong (JLC), April 17, 2019--Toluene prices in South China slipped on April 15, largely because of subdued demand as well as weak market in East China, in spite of bullish factors.

04-17-2019 14:42:59

South China MX market to eye stalemate

Shandong (JLC), March 22, 2019--South China MX market will step into a stalemate in the short run amid tight supply and support from upstream market but weakening demand.

03-22-2019 09:01:52

Sinopec’s coal-based LD251 enters South China market.

In order to improve the market occupancy rate, Zhongtian Hechuang’s LDPE Plant was put into production successively in 2017.

01-09-2019 17:21:43

Methanol: Massive cargo arrivals in South China

Shandong (JLC), January 9, 2019--Methanol prices in South China went range-bound after the New Year’s Day holiday, and moved downwards for some time, against the backdrop that both futures prices and spot prices in East China rose slightly.

01-09-2019 17:04:23

South China styrene price drops continue in Q4

Shandong (JLC), December 28, 2018--In the fourth quarter of 2018, South China styrene prices kept falling, largely because of weak supply-demand fundamentals as well as dropping prices in East China.

12-29-2018 10:48:41

South China toluene prices hit new low

As of December 24, South China toluene market prices hit a new low of CNY4,450-4,530/mt ($646.24-657.86/mt, ex-tank), boosted by price cut in petrochemical companies, data from JLC.

12-26-2018 17:19:29

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