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China toluene prices surge in Q3 on firmer crude value, short supply

Shandong (JLC), September 21, 2023--Domestic toluene market prices rose notably in the third quarter of 2023, taking cues from firmer crude oil price and tight supply.

09-21-2023 15:45:19

China styrene markets weaken overall on crude value plunge

Shandong (JLC), March 21, 2023--Styrene prices in East China, South China and northern China fell as a whole, broadly taking a cue from the crude value plunge.

03-21-2023 17:31:57

China textile, garment export value extends uptrend in H1 2022

Shandong (JLC), July 18, 2022--China textile and garment export value continued to increase in the first half of the year due to stable foreign demand and sufficient domestic supply.

07-18-2022 16:49:44

China’s PTA price generally rises in Q1 on high crude value

Shandong (JLC), April 13, 2022--Domestic PTA market prices continued to rise in the first quarter of 2022, mainly underpinned by strengths in crude oil market.

04-13-2022 10:29:08

PG value to slip mainly on supply growth

Shandong (JLC), July 27, 2021--China’s propylene glycol (PG) market prices are expected to slip in the near term amid increasing supply, the expectation of downward feedstock prices and tepid end demand.

07-27-2021 15:46:06

China’s July textile, clothing export value both up

China’s July export value of textile and clothing amounted to $31.29 billion in total, up by 7.79% from a year ago. That of textile products dropped by 1.11% to $15.97 billion, but that of clothing rose by 18.97% to $15.32 billion.

08-18-2020 10:27:54

Extend industry chain of coal chemical products; improve added value of the products

Being sluggish has become new normal of coal industry. Seeking new economic growth of coal industry is a mission of Pucheng Clean Energy Chemical Co., Ltd. Located in Weibei Coal Chemical Industrial Park, Pucheng Clean Energy Chemical Co., Ltd is a new-type coal chemical company.

06-29-2016 14:16:36

Daxie Petchem created high value-added industrial chain, a new force to domestic aromatics

After Liaoning Baolai Chemical put newly-built aromatics project into production in 2016, domestic aromatics industry is about to welcome a new force again.

04-18-2016 17:43:43

Double powers to activate China aromatics value chain

From November 6th to 12th, domestic aromatics value chain showed vigor due to the guiding role of EXW prices and speculations relying on inventory.

11-16-2015 17:47:25

A 9.5% growth of added value of chemical feedstock and product in October

According to data delivered by the National Bureau of Statistics, in October, industrial added value of enterprises above certain scale increased by 5.6% on-year, up by 0.46% than in September.

11-13-2015 17:05:51

Summary of chemical fibre value chain in early September

Currently, “Golden September and Silver October” is propping up the production load among most downstream polyester plants.

09-21-2015 09:22:39

Currency value plus VAT restoration shock China urea market

When value-added taxation restoration was still fresh news, the devaluation of Chinese currency pushed up domestic urea price in ports by CNY60-80/mt within 3 days. Price in Shandong ports rose to CNY1,620-1,640/mt.

08-27-2015 17:57:40

Further discussion on restoring value-added taxation upon fertilizer

It is reported that, since September 1st 2015, China will restore value-added taxation upon fertilizer at the rate of 13%. Such news shocks China fertilizer market.

08-27-2015 17:57:08

Value-added taxation for fertilizer will be restored

Authorized by the State Council, the Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation jointly printed and distributed a Notification on Policy of Restoring the Value-added Taxation upon Fertilizer.

08-26-2015 08:58:02

Aromatics: the last complement for China petrochemical value chain

Till the end of July, the 600,000 mt/yr aromatics united units held by Sinopec Hainan Refinery & Chemical has been successfully operating for 20 months. It has hit several world records as well as reached advanced level worldwide for its overall performance.

08-26-2015 08:57:33

Fires heated polyester value chain in April

In April, MEG and PTA prices were boosted by two accidental fires. Faced with heavy pressure from production cost, prices of polyester products jacked up with a few market participants reluctant to sell.

04-30-2015 08:46:55

High value-added PP used in vehicle

About 100kg of plastics are used in each and every vehicle in the developed country, accounting for 9-10% of its weight. Vehicles of different sizes in China use 40-90kg of plastics for each and plastics used in each car take about 7-8% of its weight.

04-23-2015 16:47:11

Hexigten Industrial Park: A Well-connected Value Chain of Coal Chemical Industry

It is known from the management committee of Hexigten Industrial Park, Inner Mongolia, the downstream deep-processing project construction in the park were accelerated as the phase I project of Datang Coal-based Natural Gas Company was put into operation.

10-17-2014 17:41:49

Devalued Ruble Benefits China-made PVC

In September, quotations of China-made polyvinyl chloride (PVC) went upward in Russia market, followed by the decreasing exchange rate of Russian ruble against US dollar.

09-25-2014 18:16:05

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