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Delayed shipping date of front month contract thickened the feedstock rubber shortage

Thailand government has finished two rounds of rubber storage sell-off since 2017, with the amount reaching 193,000 mt. And about 125,000 mt will continue to be sold in March.

02-22-2017 14:44:44

SBS extended oil rubber may undergo a down-then-up trend during February and March 2017

Introduction: In February 2017, the cost of SBS oil-extended rubber kept high and manufacturers were nearly in loss. The market was in bearish trend suppressed by the limited demand.

02-21-2017 15:54:28

PE market to be bullish underpinned by the national policies in 2017

On February 3rd, the first working day, People's Bank of China raised the OMO and SLF interest rate. And monetary policy will continue to be tight in the short term as the requirement of financial de-leveraging and current macroeconomic fundamentals in China.

02-09-2017 14:39:59

Agricultural film price in Zibo keeps stable amid the resumed production after the holiday

Agricultural film price in Shandong Zibo is stable and the production will recovery gradually after the Spring Festival.

02-08-2017 17:49:51

PE market will be in cautious but optimistic sentiment after PBC raised the interest rate

It is learned that PE inventory increased to 980,000 mt after the Spring Festival and may reach over 1 million mt when downstream players start the operation after the Lantern Festival(February 11th, 2017).

02-08-2017 15:59:13

LLDPE may be bullish in January underpinned by demand

In early December, PE spot price moved up greatly under increasing LLDPE futures and low petrochemical inventory; and China LLDPE increased to the highest point within 2016 at CNY10,250-10,750/mt by December 13th.

12-29-2016 15:09:50

Financial side may support PE market after PBC increased the Reverse Repo

The oil price moved up consecutively aminly because USD picked up influenced by the agreement on “production freezing” at the end of November and the market confidence was greatly rallied when non-OPEC members agreed to join the “production reduction”.

12-29-2016 11:38:37

SBR market will not decline in a large range after the drawback on December 26th

The price fall after December 20th seems to imply that the upward trend of the styrene butadiene rubber(SBR) since late August will come to the close,

12-28-2016 17:57:42

Analysis on PE imports by origins from January to October, 2016

From January to October in 2016, the total PE import volume in China was 7.9917 million mt, among which LDPE, HDPE and LLDPE accounted for 1.6481 million mt, 4.3026 million mt and 2.041 million mt respectively. The top ten origin countries of the imported resource will be listed here.

12-27-2016 11:25:45

HDPE injection price can hardly move up in January 2017 after the great slump in December

According to JLC, the quotation of HDPE injection grades in the Pearl River Delta region declined greatly on December 23rd,

12-27-2016 10:48:48

Latest news about the maintenance plan of China PE units in 2017

Introduction: The PE petrochemical unit maintenance will still concentrate in April and May in 2017, involving 3.38 million mt capacity, and the large scale maintenance will reduce comparing with that in 2016.

12-26-2016 18:00:09

Information about PE market in the Central Economic Working Conference of 2017

The Central Economic Working Conference in 2017 was held in Beijing from December 14th to December 16th.

12-26-2016 16:06:42

The PE market won’t be too optimistic in January with both bullish and bearish factors

Crude oil price began to move up since OPEC’s agreement on “production reduction” was done by the end of November; the price in December mostly ranged around $49-55/bbl, up by $5/bbl from that in November.

12-26-2016 11:16:57

The decline in PE market will be limited underpinned by the low inventory

According to JLC, the total China PE output by now is 16.17 million/yr, up by 8.09% from 2015. From January to November, the accumulative output was 12.919 million, up by 1.745 million from the same period of 2015, or 15.62%;

12-26-2016 09:42:34

Additives market may maintain the bullish trend by the end of 2016

Since December, the additives market continued the bullish trend, under which the price moved up continuously along with the heating atmosphere of lifting the price. Where would the market go in the future? Let’s have a review and forecast on the additive market trend.

12-22-2016 17:25:20

The foreign PE market will be in bullish trend in the 1st quarter of 2017

By comparing the inventory of petrochemical companies in 2015 and 2016, it can be found that except for a large amount of inventory accumulation due to the market-off during Lunar New Year holiday,

12-22-2016 10:58:42

Polyolefin market has strong correlation with the macroeconomic data in China

Introduction: China plastic industry is in fast development, and its overall demand and price trend have strong correlation with every macro economic data trend, but China domestic supply keeps consecutive growth along with the expansion of plastic capacity,

12-21-2016 18:02:55

Plastic inventory of China petrochemical enterprises will maintain at a low level

In mid-late November, plastic price fell from high, so the market set in wait-and-see sentiment and the terminal market kept rigid demand under the bearish trend;

12-21-2016 15:51:27

Tight balance between PE supply & demand will underpin the high-level market in December

At the end of November, units of Zhontianhechuang started the operation, filling Sinopec’s blank of capacity in Northwest; the output in December is estimated to be 27,000 mt and will be sold by Sinopec’s marketing company in North China at the first.

12-21-2016 15:02:40

PE market will keep adjustment after the demand is weakened by environmental protection

Inspection group of environmental protection has entered and stationed in Guangdong, while Baiyun District and the cosmetics factories will be the key supervision regions.

12-21-2016 11:17:35

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