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DOP market presents an upward momentum

Shandong (JLC), November 9, 2023—DOP market rallied on the back of rising feedstock prices while attention should be paid to hidden risks.

11-09-2023 08:10:40

PX prices may continue upward trend in Q2

Shandong (JLC), April 24, 2023--PX prices will possibly continue to increase in the second quarter this year, thanks to cost support together with favorable fundamentals.

04-24-2023 14:10:14

China toluene, MX prices plunge on downward crude

Shandong (JLC), November 29, 2022--China toluene and MX prices both moved down in late November, as crude futures prices plummeted consecutively.

11-29-2022 17:36:24

Asian styrene price spirals downwards on weak demand

Shandong (JLC), May 11, 2022--Asian styrene market prices spiraled downwards in April, broadly taking a cue from weak demand, despite the bullish sentiments for the export market.

05-11-2022 15:13:00

Styrene to keep upward in middle-term

Shandong (JLC), June 24, 2020--Styrene market price kept strong amid many bullish supports, such as the rebound in international oil, the optimistic atmosphere in energy and chemical markets, particularly the improved fundamentals, and it was expected to continue upward in the middle term.

06-24-2020 17:38:28

China MX prices fluctuate upward over May 22-28

Shandong (JLC), May 29, 2020--China mixed xylene (MX) prices fluctuated upward during May 22-28, largely due to rising demand from the gasoline blending market.

05-29-2020 17:37:26

MX prices fluctuate downward over Apr 17-23

Shandong (JLC), April 24, 2020--China mixed xylene (MX) prices moved downward in the week over April 17-23, largely because of crashed crude futures prices.

04-24-2020 16:26:29

Butanone prices surge in April on upward crude market

Shandong (JLC), April 16, 2020--China butanone prices rose strongly in the first half of April and the rally in East China hit CNY900-1,000/mt as crude futures prices crashed as well as acetone prices.

04-16-2020 10:50:16

Isobutyraldehyde prices rebound on upward cost, tight supply

Shandong (JLC), April 14, 2020--Isobutyraldehyde prices increased as feedstock propylene prices surged and the isobutyraldehyde supply tightened amid downward operating rates.

04-14-2020 16:03:50

Caprolactam prices rebound on upward feedstock market

Caprolactam market picked up from April 6 as upstream benzene prices moved up stimulated by rising crude futures prices and the market supply dropped amid increasing unit turnarounds.

04-09-2020 10:46:34

S China toluene stocks surge on upward supply

Shandong (JLC), November 25, 2019--Toluene inventories at South China’s main ports increased from the middle of November as the tight supply was eased.

11-25-2019 11:45:37

MX prices vibrate upwards amid growing demand

Shandong (JLC), April 11, 2019--Domestic mixed xylene (MX) prices fluctuated upwards in the week ended April 11, mainly because of improved demand from oil blenders.

04-12-2019 09:44:48

China toluene prices likely to vibrate upwards in April

Shandong (JLC), April 8, 2019--China toluene prices will probably vibrate upwards in the second half of April due to tight supply and stable demand.

04-08-2019 14:21:54

China MX market to face downward pressure

Shandong (JLC), October 31, 2018--China MX market will suffer downward pressure as surges in MX prices have led to profit shrink of downstream plants, worse economical efficiency of blending oil and open of arbitrage window between domestic and international markets.

10-31-2018 17:41:58

MX market suffers downward pressure amid rising supply

MX price declined from highs as rising supply weakened traders’ confidence in future market and bad profits of downstream users caused by high MX price led to subdued demand.

05-28-2018 17:59:04

Sino-US trade war to hit toluene, MX markets

Toluene and MX market discussions will enforce affected by speculation activities as the trade war between China and the US saw a stage progress.

05-22-2018 17:07:52

China-US trade war’s influence on China toluene/xylene market (2)

The arbitrage window between Asia and U.S. was under closure for most of the time. U.S. usually relied on European toluene and xylene imports to supplement domestic demand. Thus, the trade war relaxation won’t exert large influence on the arbitrage operation between China and U.S.

05-22-2018 10:59:52

China PTA industry strides forward into expansion era

In the past 5 years, China PTA capacity has ballooned from 15 million mt/yr in 2010 to around 46 million mt/yr in 2015, up by over 200%. China, as the top 1 importer for PTA, has achieved self-sufficiency and eyes some net export during April-July 2015.

10-29-2015 16:52:20

PTA upward trend is weak amid short of rebound factors

In 2015, the traditional “Golden September and Silver October” peak season for polyester didn’t appear, and the PTA industry was too weak as well.

10-14-2015 10:00:56

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