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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

LNG loses market share to PNG anew

Beijing (JLC), August 26, 2020--Some residential and industrial users in China have switched back to pipeline natural gas (PNG) from liquefied natural gas (LNG) since the end of July, as a result of higher LNG prices and lower PNG prices.

08-26-2020 16:31:57

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

Imported asphalt accounted for fewer market shares

China domestic asphalt price showed a "M" trend and averaged CNY2,530/mt in 2017. Affected by the concentrated demand and tight supply in November-December 2016, asphalt price kept rising in 2017, leading to high prices especially in the first quarter.

12-12-2017 16:54:23

Qinhuangdao Port and Huanghua Port continue expanding coal transport market share

As the first and second passages for coal transport between the south and north, Qinhuangdao Port and Huanghua Port undertake foreign-trade export tasks and meet coal demand in seven provinces and one city along the coast in South China.

04-19-2017 17:53:58

The battle for Asian oil market shares never stops

OPEC oil countries put down the previous differences, and held together to carry out the production reduction agreement to reduce the oversupply of the oil market.

02-21-2017 17:49:13

Market share competition will be fiercer under the continuously increasing PE units’ production

In recent years, the capacity of petrochemical units in China kept continuous increase and the production expansion of CTO units was relatively concentrated in the past two years.

11-29-2016 17:26:27

New capacity from Zhongtianhechuang will gain larger market share

Ordos’ coal chemical project of Zhongtianhechuang Energy Co.Ltd is invested and constructed by China National Coal Group, Sinopec, Shanghai Shenergy Group and Manshi Group in Inner Mongolia.

10-20-2016 10:41:07

Freezing production had less hope since Iran’s market shares were closing to 2010’s

Barclays said on September 18th, Iran’s market share and crude export volume were closing to the level before sanction recently.

09-21-2016 11:00:01

Abu Dhabi lowered crude oil prices to gain market share

On 4th August, Abu Dhabi National Oil Company cut the official sale prices for all three grades of crude oil for July shipments and continued to compete for market share with the neighboring gulf countries.

08-11-2016 10:20:53

Iran regained 80% of market share after sanction

According to data released by Platts, in June Iran crude oil production hit a 5 year high to 3.63million bbl/day since 2011. In addition according to Reuters, Iran exported crude oil in 2.3million bbl/day in April and 2.1million bbl/day in May, up by 60% YoY.

07-21-2016 16:11:59

Competition on methanol market share will be fierce

As the new-type methanol downstream in Northwest China puts its products in the market, unbalanced supply and demand becomes clear. Meanwhile, methanol flow in inland market also changes and competition on taking more market share is fiercer.

05-12-2016 10:31:10

Shenhua Group launches self-produced high sulfur coal to defend market shares

Shenhua Group was recently offering newly self-produced high sulfur 1# 5,500 kcal/kg and 2# 5,200 kcal/kg (S: 0.95%-1.43%; dry basis) blended coals at CNY16/mt below prices for Shenhua Blended Coals of the same calorific value.

03-23-2016 15:00:31

Saudi Arabian market shares of China crude import fell to 15%

12-21-2015 16:30:31

China LPG importers eye a good chance as overseas suppliers scramble for market shares

Though China’s LPG import volume from Iran has not yet seen a notable increase since the lift of sanctions, market participants believe that Iran’s supply of LPG will rise largely and take a rising percentage in China’s total LPG imports over the medium and long term.

10-19-2015 14:58:14

Shenhua cut Sept coal prices further to defend market share

Shenhua Group did not reveal its pricing policy for September until August 31st.

09-06-2015 15:11:08

Imported coal loses market share due to firm prices

The price spread between domestic coal and imported coal at southern China ports have so far narrowed down to CNY35/mt from December’s CNY80/mt. If discharge costs are taken into account, the imported coal only enjoys a price advantage of CNY5/mt over domestic coal...

03-11-2015 16:52:50

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