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Rising PP capacity to spur market competition further

04-23-2024 17:49:43

Spot PP price cools down dampened by tepid supply-demand fundamentals

Shandong (JLC), February 27, 2024--Spot PP price cooled down dampened by tepid supply-demand fundamentals.

02-27-2024 14:50:56

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

PE market faces pressure of high temperature, power rationing policy

China PE market faced significant pressure caused by high temperature and power rationing policies in many regions, though the conventional peak season would coming in September and October.

08-23-2022 17:28:18

PP market to see fierce competition on oversupply

China PP market will face more fierce competition in the future along with the capacity increases.

07-28-2022 16:56:52

Competition for market shares to depress HDPE market

China PE industry will see significant capacity expansion in 2021, and the capacity expansion of HDPE will reach 2.1 million mt/yr this year. The whole HDPE market will face great oversupply pressure.

05-13-2021 17:35:40

China PP market facing diversified competition

China’s PP market is facing changes with capacity expansion and the diversified competition is growing.

12-29-2020 16:39:29

RCEP to spur competition in China PE market

China PE market will face more fierce competition in the future, as the tariffs will decline significantly affected by the RCEP. ?

11-19-2020 15:29:08

PP market faces firecer competition amid expanding capacity

Since the production of units at Bora & Lyondellbasell Petrochemical and Sinopec Zhanjiang Refinery, the domestic PP market competition becomes fiercer.

09-23-2020 15:20:27

China’s spot prices correct downwards on slumped crude

Domestic spot markets corrected downwards on April 14 after soar on April 13 amid plummeted crude prices despite the oil output cut agreement, with prices of PP fiber and propylene inching down.

04-15-2020 16:28:02

Fiercer market share competition amid rising PE supply

The competition for market shares in China PE market is fiercer amid rising supply caused by rising PE capacity in both China and foreign countries.

04-04-2019 17:40:52

Lower VAT rate to intensify PP market competition

The value added tax (VAT) influences all industries in China. The decline in VAT rate in China will promote PP import but depress the export, which will intensify the market competition.

03-13-2019 17:24:12

Competition pattern in PP industry

China PP industry is a industry with ongoing capacity increases and diversified development. Furthermore, the market competition was stiffer amid uncertainties in macro economic environment and feedstock diversification.

01-31-2019 17:16:48

PP capacity surge intensifies market competition

PP capacity increased robustly boosted by the rising PP demand, benefiting the market traders and downstream companies. However, the series of competition followed led to price fluctuation.

07-19-2018 17:56:01

Fiercer competition in PP market

In the summer of 2018, PE industry suffered fiercer competition pressure from the different feedstock costs and trade link. Besides, the high temperature exerted pressure on PP supply and demand fundamentals.

07-16-2018 17:18:57

High temperature leads to rising flame-retardant PP demand

In recent years, the bus spontaneous combustion events attract much attention. The flame retardant property becomes important when the temperature reaches high levels. Along with the technology development, the flame-retardant PP occurs.

05-31-2018 16:03:33

The slumped futures price depressed PP price

Sinopec and PetroChina down-adjusted PE prices continuously amid sluggish downstream demand and high PE inventories. PE futures price slumped on March 8th, depressing PE market noticeably.

03-13-2017 17:36:37

Competition in PP market became diversified, especially on supply side

Along with the capacity increase in PP market, the competition mode continued escalating. The competition between companies appeared not only between the CTO and OTO products, but also between the MTO and PDH products. The price war between among companies became much fiercer as well.

01-19-2017 10:41:52

Cost margin of coal-based PE shrinks influenced by intensifying competition

Olefin products are facing with growing pressure with the increase of supply in the market. More released capacity means increasingly serious homogenization of products, and the price in the market will be more transparent.

10-31-2016 11:11:43

Analysis on China PP market competition pattern

The polyolefin capacity of China grows continuously and the total capacity ranks the forefront, which satisfies the increasingly growing demand from the downstream to some extent.

05-19-2016 15:23:33

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