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China EPS market analysis around Spring Festival holiday

Shandong (JLC), February 7, 2024—Approaching Spring Festival (Feb 10-17, 2024)，China’s expandable polystyrene(EPS) market trading turned bleak after booming, while the post-festival market condition w

02-07-2024 15:25:00

PE demand falters ahead of Spring Festival

Shandong (JLC), February 7, 2024—Polyethylene (PE) market was dragged to a low ebb by the waning support from crude oil and lagging demand from downstream industry before the Spring Festival on Februa

02-07-2024 13:10:00

Recycled PP market analysis around the Spring Festival

Shandong (JLC), January 19, 2022--The market transactions and circulation were blocked as epidemic hit Shaanxi, Henan and Tianjin. After investigation, it was learned that some product factories plann

01-19-2022 17:00:00

China ABS market trend around the Spring Festival holiday

Shandong (JLC), January 17, 2022--At the beginning of this week, ABS market prices in East China and South China rose across the board, and the overall increase was around CNY100-200/mt.

01-17-2022 17:00:00

PE market to soft after Spring Festival

The macro support is limited, and crude price will decline. Combined with the rising-inventory prediction after the Spring Festival holiday and the newly-added PE units, the oversupply will continue dragging down PE market prices in 2020.

01-22-2020 15:03:16

Highlights in PP market after Spring Festival

It is predicted that China PP market will be relatively bearish after the Spring Festival holiday amid rising supply caused by new units and limited maintenance and the uncertainties in demand side.

01-22-2020 14:15:05

PVC downstream market slack around the Spring Festival

Near the Spring Festival holiday, many domestic small and medium-sized PVC product plants took holidays in advance, and large-scale product plants would shut units down on January 15-20.

01-16-2020 16:49:11

PP inventory changes before Spring Festival

The PP inventory had changed significantly current. In late December, the inventory had decreased to medium level. However, the decline in inventory declined and the social inventory of PE increased slightly.

01-16-2020 16:36:53

PE market to be flat before Spring Festival

It is predicted that PE market prices will move sideways before the Spring Festival holiday.

01-16-2020 16:35:19

China PP market to be flat before the Spring Festival

1.Macroeconomic environment On January 26th, China central bank didn’t held public operation, but the CNY270 billion anti-repo was due on the same day.

02-01-2018 15:33:59

China compound fertilizer market to be flat before the Spring Festival holiday

As the Spring Festival holiday is coming, market participants all become less active.

01-30-2018 10:09:29

China PP market to be flat before the Spring Festival holiday

PP industry experienced capacity surge, demand increase, trade integration and the launch of PP futures, whose price hit several new lows. The further development of downstream industries will help to improve China PP industry.

01-25-2018 18:32:06

China urea price to be stable before the Spring Festival

China urea price is predicted to be relatively stable before the Spring Festival holiday amid ample orders, rising feedstock price but weak demand. The price increase will appear after the holiday as the agricultural demand will increase.

01-25-2018 18:23:24

Contrast of China ABS market trends after the Spring Festival in 2016 & 2017

The market trend in February-March 2017 is totally different from that in Feb-March 2016, and the price gap once reached CNY8,500/mt. ABS market in Feb-Mar 2016 rebounded from the bottom while that in 2017 decreased after reaching a high level.

03-13-2017 17:23:44

China PS unit production plan during the Spring Festival period

The above-mentioned PS companies will shut down during the Spring Festival period, and some units will restart after the holiday. Furthermore, Zhajiang New Zhongmei Chemical will overhaul from December 26th 2016 to January 15th 2017.

01-25-2017 16:00:32

China PP powder unit production plan in the Spring Festival holiday

China PP unit production plan in the Spring Festival holiday

01-25-2017 15:08:43

PE market will still be unstable after the Spring Festival

PE market of 2016 came to the close gradually as the New Year approaches, with LLDPE closing at CNY9,900-10,400/mt and LDPE common film at CNY11,200-11,800/mt; under such high prices, the operation in the market was prudent amid the tangled sentiment.

01-23-2017 11:16:04

PP transaction volume might increase before the Spring Festival

PP transaction became sluggish recently. The downstream companies want to restock when the price hit the bottom. PP transaction volume might reach hit a recent new high in this week, and PetroChina and Sinopec down-adjusted EXW prices again, making a perfect end to year 2016.

01-13-2017 14:13:14

PP powder profit might keep meager before the Spring Festival

In December, the profit of PP powder increased largely and then declined largely. Entering December, non-OPEC and OPEC oil-producing countries all reached an agreement on freezing production, driving up crude oil price by a large margin.

01-03-2017 09:53:02

China PE market gains ahead of the Spring Festival holiday

China plastic market was sluggish throughout 2015, whereas transactions improved at the end of the year, as end users successively started to replenish inventory and inquiries were active. The rebounding sign seen at the year-end is attributed to the following factors.

01-21-2016 11:10:30

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