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China plastic products exports surge in Jan-Feb

Shandong (JLC), April 12, 2021--China exports of plastic products surge in Jan-Feb due to tightened overseas supply.

04-12-2021 15:03:37

China ethanol price rises to a year’s high

China’s ethanol market price rose to a year’s high at CNY7,250-8,000/mt on February 24, responding to the growing cost, compared with the price of CNY6,625-7,700/mt at the beginning of this year.

02-25-2021 10:45:02

China octanol price hits 8-year record high

As of February 18, the first working day after the Chinese New Year holiday, China’s octanol price in East China closed at CNY12,000/mt, hitting eight year record high and up by 15.9% from February 10, JLC data shows.

02-19-2021 14:31:37

China MMA price surges after the holiday

As of February 18, the first working day after the Chinese New Year holiday, China’s MMA price closed at CNY13,250/mt, up by 10.4% from February 10, JLC data shows. The price rise was attributed to limited supply caused by intensive maintenance and large export demand.

02-18-2021 16:52:53

Four new ECH plants to come online in 2021

China will put four new epichlorohydrin (ECH) plants into production in 2021, which will result in overcapacity in China ECH industry, according to JLC.

01-25-2021 10:41:36

China plastics ban takes effect, driving up PBAT prices sharply

China’s PBAT price has soared lately, backed by short supply and fast-expanding demand because of the plastic ban.

01-11-2021 17:00:22

China PE prices lose steam on increasing supply

China’s PE prices have been in a downtrend since mid-September, as the market has been thrown into oversupply by new PE units coming on stream.

10-26-2020 16:54:12

BOPP tape jumbo roll price to decline on cost reduction

The price of BOPP tape jumbo roll in China is expected to decline on cost reduction after a round of continuous price increase starting from the beginning of September， JLC estimates.

10-20-2020 16:07:08

Sinopec to increase ethylene output in 2H

China’s biggest refiner Sinopec plans to increase its daily ethylene output in the second half (2H) of this year, aiming to help maximize operation margins at its refining & chemical complexes.

08-31-2020 18:12:17

China propylene prices retreat after 4-mon gain

China’s propylene prices retreated on July 23 after a four-month consecutive gain.

07-24-2020 18:15:55

Taiwanese Formosa shut down unit due to fire

Formosa shut down RDSII due to a fire this morning, expecting to lower its oil products output later this month.

07-15-2020 17:45:08

Additional capacity to weigh down on China’s PP price

China’s rapidly growing PP capacity is to put downward pressure on local PP prices later this year

07-13-2020 17:41:16

China phenol stock hit record high over 50kt

Up to January 24, China’s phenol inventory hit a record high, which was above 50,000mt, caused by sluggish demand and logistics ban against the backdrop of the new coronavirus, JLC data shows.

02-25-2020 14:47:12

MMA unit shutdown list caused by logistics ban

The operating rate of China MMA market was low at 47.78% as of February 10, 2020. This low operating rate was caused by the logistics ban triggered by the new coronavirus. Many MMA plants reduced operating rates or shut down to cope with the new coronavirus.

02-10-2020 16:34:33

China Propylene Industrail Chain Unit Shutdown List

Recently affected by the new coronavirus, it is diffcult for the delivery of all petrochemical products due to logistics ban. Most petrochemical plants faced high inventory pressure. Many propylene and downstream plants reduced operating rate or shut down to cope with this.

02-05-2020 20:06:41

About 20 PP granule producers switch to produce PP fiber

There are 73 PP granule producers in China, about 20 of them temporarily changed to produce PP fiber and are now producing at high operating rates.

02-03-2020 15:06:28

CPL market stabilizes with bullishness fading away

CPL market price remains stable as bullish factors fade away gradually. With increasing supply versus slowing down demand, the CPL market will fluctuate slightly in the short term.

02-27-2019 07:57:21

China BPA demand to surge on new PC projects

China’s BPA (bisphenol A) demand is to enlarge noticeably in the following three years, especially in 2019, with a number of downstream PC (polycarbonate) projects, to be put into production that year, according to JLC monitoring.

01-25-2019 16:54:03

2018 PP industry highlight 2: price rises above CNY 10,000/mt

During January-August of 2018, China’s PP price moved within CNY 8,450-9,800/mt.

01-24-2019 17:07:03

DCE MEG futures saw short positions

DCE MEG futures saw short positions since its launch on December 10 of 2018, amid rising inventory and market insiders’ output increase expectation in 2019.

01-22-2019 16:51:40

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