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China styrene downstream profits show signs of upturn

Shandong (JLC), April 24, 2024—Downstream producers of styrene industry suffered from narrowing losses recently.

04-24-2024 15:03:00

Surging benzene prices threaten downstream profits

Shandong (JLC), January 23, 2024-China benzene prices witnessed an upsurge amid tailwinds from expanding demand and low inventory, posing a threat to downstream profits.

01-23-2024 15:03:00

DOP industry’s profits on upturn, backed by falling feedstock prices

Shandong (JLC), November 8, 2023—DOP industry saw bumper profits and remained on the upturn track, backed by the falling prices of feedstock octanol and o-xylene-based phthalic anhydride (OX-based PA)

11-08-2023 08:22:38

Styrene key downstream producers see profit shrinkage

Shandong (JLC), August 29, 2023--The profit space of styrene main downstream enterprises has tended to narrow since the third quarter, and gradually turned from profit to loss, particularly for PS ent

08-29-2023 17:19:00

China styrene industrial chain profits poor overall

Shandong (JLC), February 15, 2023--Domestic styrene producers have suffered from losses in February, attributed to slow downstream recovery after the Chinese New Year holiday (January 21-27, 2023) whi

02-15-2023 09:19:05

China Jul DOP imports fall on thin profit and poor demand

Shandong (JLC), September 1, 2022--In July, China's DOP imports were slashed on thin profits and poor demand.

09-01-2022 09:09:00

Styrene downstream profit analysis

Shandong (JLC), August 24, 2022--Domestic styrene downstream products profits improved somewhat recently with styrene prices weaker, but were expected to continue to decline in the near future amid li

08-24-2022 16:48:09

China styrene profits negative on high cost

Shandong (JLC), May 17, 2022--Domestic styrene enterprises have suffered losses for a long time as benzene market prices were seen firming on the back of high crude oil prices and surging USD benzene

05-17-2022 14:00:00

Styrene output stays high despite poor profits

Shandong (JLC), August 26, 2020--In spite of the poor production margin, styrene producers in China were unwilling to shut down their units for a long term, considering the risk of customer losses.

08-26-2020 09:47:15

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

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

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 09:38:35

Benzene industry chain profits weaken

In the short-term, the recovery of styrene profits will take some time. The trend of other downstream products is gradually similar to that of pure benzene, and the overall industrial chain profit is expected to stabilize.

06-05-2020 17:27:42

DBP prices keep rising in May with healthy profits

Shandong (JLC), May 28, 2020--China’s DBP consecutively climbed in May amid rising feedstock prices and tight supply, while that may change to move sideways , possibly falling in end-May.

05-28-2020 10:52:47

MA producers to further raise operating rate on high profit

China’s MA unit operating rate will keep rising in the rest of May amid boost from high profits.

05-21-2020 13:52:24

Downstream profits improve on fall styrene prices

Shandong (JLC), November 20, 2019--The styrene market price dropped significantly under weak fundamentals and cost pressure, but it benefited downstream users.

11-20-2019 17:29:48

Aniline production profits down 93.78%

Shandong (JLC), November 20, 2019--The production profits of aniline averaged CNY121/mt so far this year, falling by CNY1,825/mt or 93.75% year on year, JLC data shows.

11-20-2019 11:21:38

Falling DOP prices drag down industry chain profit

Shandong (JLC), November 18, 2019--Di octyle phthalate (DOP) market extended lackluster as a whole in the first half of November, which pulled down profits of industry chain products.

11-18-2019 15:49:31

DOP profit narrows on high cost and mute demand

The profit space of DOP producers narrowed due to high-level cost and weak downstream demand.

11-15-2019 09:05:58

Asian styrene producers suffer narrowed profits in Aug

Shandong (JLC), September 11, 2019--he profits of Asian styrene producers kept decreasing in August as the styrene price went down but the feedstock prices rose.

09-11-2019 17:04:33

PA profits fail to improve in early Aug

OX-based phthalic anhydride (PA) producers still suffered losses in August and naphthalene-based PA producers’ profits lingered at cost line, as the overall PA market was lackluster.

08-09-2019 08:06:01

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