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PX producers still suffer from losses on lower prices

Shandong (JLC), September 19, 2024--PX producers still suffered from losses in early September, as PX prices went lower compared with naphtha prices.

09-19-2024 13:45:52

DOP producers still suffer from losses on higher feedstock

Shandong (JLC), June 20, 2024--DOP producers still suffered from losses in late June, as feedstock octanol prices moved higher, while DOP prices fluctuated slightly.

06-20-2024 09:28:09

China styrene losses linger on high cost pressure

Shandong (JLC), August 24, 2023—China styrene producers extended losses amid rising feedstock prices.

08-24-2023 17:40:07

Styrene units to extend losses on high costs in March

Shandong (JLC), February 28, 2023—China’s styrene units will continue to suffer from losses amid high cost pressure in March.

02-28-2023 17:33:54

China styrene units suffer from losses on high costs in 2022

Shandong (JLC), January 9, 2022--In 2022, China's styrene industrial chain expansion continued, coupled with surging global energy prices and economic recession.

01-09-2023 14:01:00

China’s MX producers suffer from losses in H2, 2020

The production margins of MX producers have been in negative in the second half of this year pressured by high cost.

12-09-2020 11:05:36

Toluene, MX producers suffer losses

The production margins of toluene and MX producers have been negative since June, as upstream prices increased, but persistently dim demand made prices of the two products move sideways.

08-25-2020 10:21:15

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

Hydrogenated benzene companies run at a loss, launch more maintenance

China hydrogenated benzene market weakened accordingly. The decline in crude benzene price was limited, exerting cost-side pressure on hydrogenated benzene producers.

03-25-2020 17:14:03

PX producers suffer losses on narrowed spread

Shandong (JLC), November 29, 2019--China paraxylene (PX) producers suffered losses from the middle of July due to narrowed spread between PX and feedstock MX.

11-29-2019 17:35:59

Asian PX producers suffer from losses

Shandong (JLC), September 17, 2019--Asia para xylene (PX) producers have been suffering from losses since May due to supply growth as some units resumed operation and some new ones came onstream.

09-17-2019 11:55:59

OX-based PA plants suffer heavy losses in H1 2019

Shandong (JLC), June 24, 2019--The profits of OX-based phthalic anhydride (PA) producers averaged minus CNY277/mt in the first half of this year, as China PA prices kept falling amid persistently weak demand.

06-24-2019 14:43:33

OX plants’ price cuts fail to save downstream losses

China’s state-owned Sinopec planned to lower listing prices of ortho-xylene (OX) by CNY300/mt to CNY5,900/mt on June 7, but this did not pull OX downstream producers from losses, according to JLC research.

06-06-2019 17:34:17

PA producers suffer losses in Q1

Phthalic Anhydride (PA) profits have been in negative since February 2019 amid low prices and slack demand.

03-25-2019 15:30:24

Shenhua coal-to-oil project faces losses if the crude sustains low

Shenhua Ningxia Coal Group coal chemical center director Luo Chuntao said during Beijing’s two sessions, Shenhua coal to oil project with 4 million mt/yr has already totally completed investment 34.747 billion yuan, with total investment budget 55 billion yuan.

03-14-2016 17:16:35

PTA will suffer intensified loss or production reduction

On the first trading day of 2015, China witnessed a good start in the stock market. However, PTA price fell by over 4%. International crude oil price fell below $50/bbl, which was the main cause leading to low PTA price.

01-08-2015 10:12:23

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