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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

China toluene market forecast in Q1, 2019

Shandong (JLC), January 17, 2019--In the first quarter of 2019, China toluene prices will possibly rebound after hitting bottom then move sideways, affected by crude market and the upcoming Spring Festival holiday.

01-17-2019 14:13:50

S.China toluene, MX prices eye uptrend on bullish factors

Shandong (JLC), January 17, 2019--South China toluene and MX prices rebounded fast from last week (Jan 7-Jan 13) due to upward crude prices, increases in East China aromatics market and rising demand.

01-17-2019 14:05:48

China Jan benzene market is expected to soften

Shandong (JLC), January 8, 2019--China benzene market will be weak in January amid sufficient supply but unimproved demand.

01-08-2019 17:35:51

Fuhaichuang’s PX unit resumes operation on Dec 26

Shandong (JLC), January 7, 2019--Fuhaichuang Petrochemical’s one 800,000 mt/yr PX unit restarted and produced qualified products on December 26, 2018. The restart of the other 800,000 mt/yr PX unit was underway.

01-07-2019 16:21:16

PX industry chain market forecast in Jan 2019

Shandong (JLC), January 7, 2019--PX industry chain market is likely to be weak in January 2019 amid increased supply but weak demand.

01-07-2019 14:11:57

PX industry chain market review in Dec

In December, PX industry chain market was weak as a whole as futures and commodity prices plunged amid slack external environment.

01-07-2019 14:02:51

Asian phenol market review in 2018

Shandong (JLC), December 29, 2018--Asian phenol prices saw a wide volatile as a whole in 2018, while in the fourth quarter, phenol prices slipped greatly affected by slumped phenol prices in China and weak demand.

12-29-2018 10:25:51

China OX profit analysis in 2018

Shandong (JLC), December 29, 2018--China OX producers suffered bad profits in the first three quarters of this year, but in the fourth quarter, OX profits surged amid dived crude prices and falling prices of aromatics products.

12-29-2018 10:15:19

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

China Jan-Oct toluene imports drop to 260,500 mt

Shandong (JLC), December 26, 2018--China toluene imports read 260,500 mt over January-October 2018, down 186,000 mt or 41.66% year-on-year due to rising self-sufficiency rate, reduced demand and pressure from pro-environment inspections.

12-26-2018 17:08:42

China MX prices hit new low

Shandong (JLC), December 26, 2018--China MX prices hit a record low this year amid bearish macro environment as well as weak supply-demand fundamentals.

12-26-2018 17:05:25

China MX supply analysis in 2018

Shandong (JLC), December 21, 2018--China MX capacity has been in rising in 2018. China total MX capacity is expected to reach 20.9 million mt/yr by the year-end, while the oversupply pressure dragged down growth of newly-added capacity by 6.5% year-on-year, data from JLC.

12-21-2018 11:44:31

China toluene prices hit new low amid bearish factors

Shandong (JLC), December 20, 2018--China toluene prices retreated fast to CNY4,920-4,950/mt ($713.44/mt-$717.77/mt), a new low this year, as stocks and crude prices plunged amid rising concerns on the slowdown of global economy growth,

12-21-2018 10:49:23

South China MX prices drop amid bearish factors

Shandong(JLC), December 18, 2018--South China MX prices fell again to CNY5,200-5,300/mt ($753.07/mt-$767.56/mt) on December 13 due to sales pressure of petrochemical companies, oversupply of crude oil and weal demand.

12-18-2018 17:35:13

Asia-US MX arbitrage window opens

Shandong(JLC), December 18, 2018-- The arbitrage window between the US and Asia opened again in mid-December as the US MX prices dived.

12-18-2018 17:32:36

Shenghong 16 mln mt/yr integration project construction starts

Shandong (JLC), December 18, 2018--At the promotion meeting of Jiangsu major projects held in Xuwei new area, Lianyungang on December 14, Shenghong Group formally started construction of its 16 million mt/yr refining & chemical integration project.

12-18-2018 17:08:02

OX, naphthalene-based PA spread narrows

China OX-based and naphthalene-based PA spread narrowed this week (Dec 10-Dec 16) due to surged crude naphthalene prices and stable OX prices.

12-18-2018 16:58:41

China PA imports reach 23,400 mt, exports 21,500 mt in Oct

Shandong (JLC), December 12, 2018--As of end-October, 2018, China phthalic anhydride (PA) imports stood at around 23,400 mt with import value averaging $1,007.38/mt, and PA exports read around 21,500 mt with export value averaging $991.09/mt, data from the General Administration of Customs.

12-12-2018 14:51:02

Phenol prices to move sideways

Shandong (JLC), December 12, 2018--China phenol prices would move sideways in the short run as long-term low level hampered downward trend but the shortage of momentum also dampened rising paces.

12-12-2018 14:40:37

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