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Popularity for CTO in the “13th Five-year Plan” period

The fever for modern coal chemical projects in the past two years is now cooling down.

12-16-2015 17:28:15

Low crude price will continue in 2016

Since July 2014, crude price has gone through a nosedive from over $100/bbl to $40-60/bbl for recent months. Such distinctive slump was attributed to multiple reasons.

12-07-2015 17:52:39

Price cut of natural gas vs gas-fed methanol producers

After the integration of natural gas prices on April 1st, National Development and Reform Commission announced on November 18th that non-residential natural gas price in distributors would be cut down by CNY0.7 per cubic meter since November 20th 2015.

11-27-2015 17:45:26

No large-scale petrochemical project to be built in Gulf area

According to Arab Times on November 22th, an independent analyst from oil industry in Kuwait predicted that no large-scale petrochemical projects would be built in Gulf area.

11-25-2015 17:46:47

Costing standard of greenhouse gas emission for chemical industry

Not too long ago, China Standardization Administration approved and delivered 11 national standards.

11-25-2015 17:37:21

Global petrochemical layoff broke through 250,000

According to Dow Jones on November 20th, a company located in Huston has tracked layoff of oil and gas industries since oil price moved up.

11-25-2015 17:20:48

Methanol-to-gasoline: moderate status and promising future

MTG, or methanol-to-gasoline, is a process relying on methanol as feedstock.

11-24-2015 16:35:05

Accelerated intelligentization of petrochemical industry

Just few days ago, on an experience exchange meeting of intelligentized manufacture of petrochemical industry, deputy minister of Industry and Information Technology Xin Guobin said that in intelligentized manufacture would power petrochemical companies.

11-24-2015 14:49:49

Rescue practice for “explosion” emergency in chemical plants

“The inlet valve of the No. 2 gasoline tank is leaking! We request for backup!” On November 12th when workers did routine inspection of a chemical warehouse, a gasoline tanks was found leaking.

11-17-2015 14:53:01

Chemical export earnings from gulf area hit a historical record

According to a latest industrial report delivered by Gulf Petrochemical and Chemical Association (GPCA), petrochemical companies in the Gulf Cooperation Councilexported 17.2 million mt of chemicals in 2014, with a value at $62 billion, hitting a record high.

11-17-2015 09:57:01

Hotspots of China methanol market in 2015

At the end of 2014, slump of crude price dragged down LPG price and resulted in severe loss in dimethyl ether production.

11-13-2015 18:05:24

A 9.5% growth of added value of chemical feedstock and product in October

According to data delivered by the National Bureau of Statistics, in October, industrial added value of enterprises above certain scale increased by 5.6% on-year, up by 0.46% than in September.

11-13-2015 17:05:51

2015 China methanol and olefin industry analysis

Since 2014, China MTO and MTP industries have grown at full speed, which effectively resolved oversupply of methanol market.

11-12-2015 11:36:56

Disadvantageous methanol market in November

During the National Day holiday at the beginning of October, oil price jumped 10%, driving a surge in methanol futures and pushing up methanol spot indirectly.

11-03-2015 09:58:10

Cutdown of gas price might wake up gas-fed methanol projects

Coal, as a major power of energy consumption, has seen a sharp price cut in recent years due to oversupply and slack demand.

10-30-2015 17:57:30

Methanol price: where to stay after an arch?

Stepping into October, with MCI (China Methanol Index) dropping by 4.18%. China methanol market has been under concern.

10-29-2015 17:55:14

Emerging demand for methanol was frustrated by low oil price

In the ongoing Q4 2015, investment in real estate has shown a pessimistic outlook in the demand for formaldehyde. As for dimethyl ether and acetic acid markets, demand is still scarcely seen.

10-27-2015 16:37:48

New changes of China methanol industry in Q1-Q3 2015

During 30% of the period from January to October 2015, methanol price in East China ports has been below CNY2,000/mt, even hitting the bottom at CNY1,760/mt. Let JYG analysts show you details behind this year’s slack methanol market.

10-22-2015 14:48:44

China September PPI dropped by 5.9% on-year

According to the data delivered by the State Statistics Bureau on October 14th, in September of 2015, China Producer Price Index (PPI) dropped by 0.4% on-month and by 5.9% on-year. The average PPI from January to September 2015 dropped by 5.0%.

10-16-2015 17:32:41

China methanol futures powers overcapacity

China methanol futures would see the fourth year in this October after its launching in Zhengzhou Commodity Exchange. According to statistics, the daily transaction volume of methanol futures contract has been climbing.

10-14-2015 17:43:06

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