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China PTA exports surge 54.11% in 1H 2022 on domestic oversupply

Shandong (JLC), July 28, 2022--During January-June 2022, domestic PTA exports were around 2.0592 mln mt, with a year-on-year growth of 723,000 mt or 54.11%, broadly owing to the oversupply of PTA in C

07-28-2022 14:59:39

Domestic PX prices down on lower crude prices

Shandong (JLC), July 19, 2022--China paraxylene(PX) prices decreased over July 9-15, as PX supply remained normal and international crude prices decreased. Additionally, downstream PTA prices decrease

07-19-2022 16:15:31

International and domestic methanol prices jump amid weak demand (Part I)

Shandong (JLC), July 25, 2019--Methanol prices in Europe, the U.S. and Asia (including China) had jumped since May amid weak demand.

07-25-2019 08:22:50

Domestic-imported methanol spread widens amid supply diversity

Shandong (JLC), July 19, 2018--The spot price of methanol at ports dropped as some low-priced domestic resources flew into port market, while the price of imported methanol kept high due to high import cost and falling cargo arrivals, which led to wide spread between them.

07-20-2018 16:03:44

Transportation affects China domestic methanol market

After the New Year’s Day holiday, China domestic methanol market moved regionally. Methanol prices in regions where methanol was consumed rose amid end users’ replenishment.

01-11-2018 11:04:42

Run rate of domestic methanol production companies (May 16th)

Data show that run rate of domestic methanol production companies in H1 May was around 58.6%-61.96%, up slightly from that in H2 April. However, run rate in some regions, like North China, fell significantly in the same period.

05-16-2017 17:03:05

Run rate of domestic methanol units (Q1 2017)

Data from JLC showed that general run rate of domestic methanol industry averaged more than 60%, higher than previous two years.

03-24-2017 15:35:52

Run rate of domestic methanol producing companies (March 21st)

Data showed that run rate of domestic methanol producing companies was around 59.43-63.38% from early March to date, down slightly from that of the second half of February.

03-21-2017 09:21:53

Run rate of domestic methanol units against better profit

Since October 2016, methanol prices at ports grew firstly resulted from decreasing import volume.

03-09-2017 17:17:43

Operating status of domestic methanol producing companies (November 30th)

Data show that run rate of domestic methanol companies was around 61.32%-64.30% in H2 November and declines significantly at the end of November.

11-30-2016 14:17:23

Methanol inventories in domestic ports continue declining

Data show that methanol social inventories in South China and East China ports totaled 654,000 mt by October 21st, down by 3.27% from the previous period.

10-24-2016 09:28:57

Summary of domestic methanol units’ maintenance recently

09-12-2016 09:51:22

Operation status of domestic MTO/MTP (incl newly-built) (Part II)

In recent years, MTO projects mainly have driven methanol downstream demand. China has become sales destination of global newly-added methanol capacity. Currently, some newly-built MTO units are under construction orderly.

08-25-2016 15:49:54

Operation status of domestic MTO/MTP (incl newly-built) (Part I)

Amid significant price growth of polyolefin and propylene, profit of MTO turned better, making some units run at run load or over load, which supported methanol products greatly. The operation status of olefin units will be introduced here.

08-23-2016 14:49:22

Methanol prices in foreign and domestic market slip

Crude price in recent one month fluctuated downward. It was thought that peak season of travelling in North America in summer would end soon when oil consumption would drop. Against sluggish demand and not greatly decreased crude inventories, oil market would be oversupplied in the future.

07-27-2016 17:19:26

Methanol price in domestic market turns into correction amid bearish news

Upon entering July, methanol demand kept sluggish against rainy days and sudden outage of MTO units. The downstream received on demand, directly affecting production and sales of methanol. And imported methanol arrivals mounted. Methanol price in domestic market turned into correction weakly.

07-13-2016 10:57:01

Methanol inventories in domestic ports mount significantly

Data showed that by July 8, 2016, social inventories of methanol in East China and South China ports totaled 548,000 mt, up by 12.99% from previous period.

07-11-2016 13:51:56

Domestic methanol price is hard to grow independently for long time

Greatly affected by import and export, if methanol price in China spot market grows significantly, a large amount of low price imported methanol will pour into China market. Therefore, it is hard for China methanol price to mount independently in long term.

05-26-2016 14:31:57

Operation of domestic methanol companies

Data from JYD showed that run rate of domestic methanol companies concreted on 55.4%-59.7% from early May, down slightly from previous period.

05-25-2016 17:33:24

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