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PP raffia production rates rebound yet lack upward momentum

Shandong (JLC), May 21, 2024—The production ratio of PP raffia rebounded but lacked the momentum to continue increasing due to demand constraints

05-21-2024 00:00:00

China POM supply to rise amid upward capacity

The POM supply is anticipated to increase in following three years when many newly-added units are expected to come on line.

01-21-2021 11:46:29

ABS prices upward in Q3 on tight supply

Shandong (JLC), September 24, 2019--China’s ABS prices rose after falling in the third quarter of this year as unit turnarounds caused supply shortage.

09-25-2019 10:54:58

PVC paste resin lacks upward momentum

China PVC paste resin price stopped rising paces on May 18th as one producer cut offers, and the whole market stepped into a stalemate temporarily under fierce competition.

05-23-2018 14:45:20

PVC price rises on unit maintenance, upward futures price

Entering April, China PVC price tracked an uptrend affected by increased unit maintenance and rising futures price.

04-17-2018 17:47:27

Butadiene gets into strong upward trend after a few years of depression

A few years ago, butadiene market was in a depression, running out of dealers’ enthusiasm in operating the market;

12-22-2016 14:10:07

Pullback risk exists in the upward PE market amid cost game of coal-based and oil-based PE

No result came from the OPEC conference in Vienna, which thickened the market concern; and EIA crude oil inventory record increased suddenly after the increase of American API inventory.

11-07-2016 16:12:59

EPDM will maintain the upward trend amid the bullish rubber market

According to the chart above, EPDM price kept declining influenced by over capacity and contradiction between supply and demand since January to October in 2016, and traders’ sentiment was also suppressed by the sluggish market.

10-31-2016 16:04:00

Upward NBR will come to the end for the slack demand in the market

China NBR market increased continuously in October. The market went up greatly after companies up-regulated the price frequently along with the upward butadiene feedstock.

10-26-2016 16:09:52

Influence of Zhongtianhechuang’s prilling on upward PE market

300,000 mt/yr PE unit of Zhongtianhechuang has been scheduled to start the PP prilling on October 20th and 35B LLDPE prilling on October 23rd. Before the unit operation of Zhongtianhechuang, coal chemical capacity in China was 2.97 million mt, which accounting for 19.83% of the total capacity.

10-20-2016 17:44:18

Toluene’s “Silver October” is expectable pushed by upward crude oil

On September 28th, OPEC made its first agreement on “freezing production” surprisingly for the past eight years, which rally the crude oil market greatly.

10-12-2016 17:41:00

PP powder lost its upward power

Entering September, PP powder price kept adjusting. The price gap between PP powder and grain was squeezed to CNY500/mt, keeping an essential price gap for most of the time. In East China, PP powder price was similar with PP grain price.

09-29-2016 17:57:53

Market price of carbon black may maintain the upward trend in later stage

Recently, carbon black market is moving up and traders’ sentiment is also turning better driven by the upward coal tar price. Will such an upward trend continue in later stage?

08-25-2016 11:40:42

Will carbon black market go upward amid the aggressive uptrend of coal tar?

The coal tar market maintained the upward trend since late July. China coal tar price is moving up in the whole amid dealers' turning better sentiment in line with the stimulation of high biding price in main producing areas.

08-23-2016 15:41:37

Petrochem plants raise price in August, but PP market has limited upward potentials

Entering August, partial companies in East and South China stopped operation or decreased run rate under the high temperature and weak demand from downstream, capping demand for feedstock.

08-15-2016 17:46:58

LLDPE hard to break through CNY9,000/mt for lacking upward strength

In 2016, domestic LLDPE market showed a reversed “V”-shaped trend. From January to April, the market moved upward with fluctuations, with the price in North China of CNY9,450/mt and of CNY9,650/mt in South China at the beginning of April.

05-16-2016 15:54:39

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