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China styrene downstream profits show signs of upturn

Shandong (JLC), April 24, 2024—Downstream producers of styrene industry suffered from narrowing losses recently.

04-24-2024 15:03:00

Surging benzene prices threaten downstream profits

Shandong (JLC), January 23,?2024-China benzene prices witnessed an upsurge amid tailwinds from expanding demand and low inventory, posing a threat to downstream profits.

01-23-2024 15:03:00

DOP industry’s profits on upturn, backed by falling feedstock prices

Shandong (JLC), November 8, 2023—DOP industry saw bumper profits and remained on the upturn track, backed by the falling prices of feedstock octanol and o-xylene-based phthalic anhydride (OX-based PA)

11-08-2023 08:22:38

China styrene industrial chain profits poor overall

Shandong (JLC), February 15, 2023--Domestic styrene producers have suffered from losses in February, attributed to slow downstream recovery after the Chinese New Year holiday (January 21-27, 2023) whi

02-15-2023 09:19:05

China styrene profits negative on high cost

Shandong (JLC), May 17, 2022--Domestic styrene enterprises have suffered losses for a long time as benzene market prices were seen firming on the back of high crude oil prices and surging USD benzene

05-17-2022 14:00:00

Styrene output stays high despite poor profits

Shandong (JLC), August 26, 2020--In spite of the poor production margin, styrene producers in China were unwilling to shut down their units for a long term, considering the risk of customer losses.

08-26-2020 09:47:15

Benzene industry chain profits weaken

In the short-term, the recovery of styrene profits will take some time. The trend of other downstream products is gradually similar to that of pure benzene, and the overall industrial chain profit is expected to stabilize.

06-05-2020 17:27:42

DBP prices keep rising in May with healthy profits

Shandong (JLC), May 28, 2020--China’s DBP consecutively climbed in May amid rising feedstock prices and tight supply, while that may change to move sideways , possibly falling in end-May.

05-28-2020 10:52:47

Downstream profits improve on fall styrene prices

Shandong (JLC), November 20, 2019--The styrene market price dropped significantly under weak fundamentals and cost pressure, but it benefited downstream users.

11-20-2019 17:29:48

Aniline production profits down 93.78%

Shandong (JLC), November 20, 2019--?The production profits of aniline averaged CNY121/mt so far this year, falling by CNY1,825/mt or 93.75% year on year, JLC data shows.

11-20-2019 11:21:38

Asian styrene producers suffer narrowed profits in Aug

Shandong (JLC), September 11, 2019--he profits of Asian styrene producers kept decreasing in August as the styrene price went down but the feedstock prices rose.

09-11-2019 17:04:33

PA profits fail to improve in early Aug

OX-based phthalic anhydride (PA) producers still suffered losses in August and naphthalene-based PA producers’ profits lingered at cost line, as the overall PA market was lackluster.

08-09-2019 08:06:01

PX producers’ high profits period ends

Shandong (JLC), June 25, 2019--The profits of PX producers in China plunged rapidly since March 2019 after stayed high for a long time due to plunges in PX prices caused by ample supply.

06-25-2019 17:10:37

Phenol industry chain profits reduce in June

Shandong (JLC), June 19, 2019--The profits of phenol industry chain producers narrowed, and those of some producers have hovered at break-even line.

06-19-2019 16:35:58

China PX profits likely to slip on falling prices

Shandong (JLC), February 22, 2019--?PX profits in China will probably drop as increasing supply dampens prices.

02-22-2019 16:18:08

Port OX stocks hit new low, profits rise

Entering December 2018, OX inventory at China’s main ports declined to around 12,000 mt, recording a historical low, but OX profits increased.

12-12-2018 11:43:04

Phenol producers eye fat profits in 2018

Shandong (JLC), November 20, 2018--Profits in phenol plants slipped to CNY4,500/mt ($648.25/mt) due to sluggish trading atmosphere but still remained high.

11-20-2018 16:51:22

OX profits rise despite falling crude prices

Shandong (JLC), November 20, 2018--OX theoretical profits increased unexpectedly with drops in isomer-MX prices though crude prices have been in falling for long.

11-20-2018 14:14:45

PA prices stay high, profits are meager

Shandong (JLC), October 31, 2018--In mid-October, 2018, PA prices saw a year-on-year uptick of CNY1500/mt, while PA profits were CNY474/mt lower than the same period of last year as downstream plants resisted against high prices of PA caused by rising OX prices.

10-31-2018 17:01:19

OX, PA profits diverge

Shandong (JLC), August 22, 2018--OX plants gained profits while PA (phthalic anhydride ) plants suffered losses though PA price kept rising boosted by a boom in OX price.

08-22-2018 11:16:54

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