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PP powder prices stalemate again, hard to gain new ground

Shandong (JLC), October 31, 2023-- China PP powder prices were bogged down in a stalemate moving into October on account of the flat downstream demand and thin profits of PP powder.

10-31-2023 14:21:06

China PP powder prices hard to rise on market competition

China PP powder market may face slow development in the future due to multiple factors.

04-24-2023 17:08:25

China PE market hard to rise in Jun

It is predicted that China PE market will not improve greatly in the future, and the reasons are as follows.

06-08-2022 17:52:52

China PE prices hard to rise amid macro factors

China PE market is expected to rebound after the pandemic situation is well controlled, but the uptrend can not repeat the continuous uptrend in 2020.

04-26-2022 17:00:02

Hard rubber prices keep firm on tight supply

At the beginning of mid-November, ABS and PS market prices kept firm on tight supply, whole styrene prices declined further.

11-14-2019 10:01:14

MEG: Hard to find breakthroughs

The launch of the MEG futures will bring speculation opportunities and the G20 summit and the OPEC meeting might bring some good news for the fringe market. Thus, China’s MEG price is expected to first sustain range-bound in the short run.

11-28-2018 14:10:00

PE market price is hard to decline due to speculations from the supply side

PE prices increased after the National Day holiday. In North China, the market price of LLDPE increased to CNY9,600-9,900/mt, up CNY50-200/mt from that before the holiday.

10-24-2017 17:11:44

Shenhua will put its new PP project into production soon but PP capacity is hard increase

The commissioning date of Shenhua Ningxia Coal Industry’s 600,000 mt/yr coal-to-liquid project was delayed again. The original commissioning date was July 3rd, and it was delayed to mid-July.

07-13-2017 18:15:22

The bearish market trend of PP powder is hard to change

Entering June, the PP powder companies had limited intention to have transactions affected by the cost pressure and low sales volumes. At the beginning of the month, some PP powder companies raised their run rates slightly and some stopped units were restarted.

06-28-2017 15:53:32

EVA market is hard to increase amid various bearish factors

1. China EVA output in 2015-2017 According to the chart above, the overall EVA output kept increasing in 2015-2017. Affected by the overall bearish market in 2015 limited the downstream run rate and the domestic output decreased significantly.

05-17-2017 17:37:40

PE price is hard to stop falling owing to the uncertain macroeconomic data

. Macroeconomic indexes The macro economy increased amid stable trend. China GDP reached 6.9% in the first quarter of 2017. China PMI was 51.8% in March, up by 3.19% YoY.

04-20-2017 18:08:01

Environmental protection supervision makes polyolefin consumption become hard to increase

Affected by the haze weather in China, the central government began to have inspections everywhere. From February 16th, 2017, the Ministry of Environmental Protection started the special supervision of air quality in the following areas

04-14-2017 17:33:52

PP market trend is hard to improve amid various factors

PP market in March became more bearish than that in February. The price decline confused most traders and participants. PP consumption and the EXW prices became the key points for price adjustment.

03-15-2017 08:46:12

Forecast on hard rubber’s market trend

Most Asia styrene units began to have maintenance, reducing styrene supply in the long run. Furthermore, the arbitrage windows still kept closed between Europe & America and Asia, reducing styrene cargo arrivals.

02-04-2017 17:56:43

LLDPE will hardly decline driven by OPEC’s production reduction on crude oil

On November 30th, 11 members of OPEC made agreements on production reduction for the first time since recent eight years, and they will reduce the production by 1.2 million barrel per day to 32.5 million per day;

12-06-2016 17:49:33

LLDPE hard to break through CNY9,000/mt for lacking upward strength

In 2016, domestic LLDPE market showed a reversed “V”-shaped trend. From January to April, the market moved upward with fluctuations, with the price in North China of CNY9,450/mt and of CNY9,650/mt in South China at the beginning of April.

05-16-2016 15:54:39

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