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VAT cut to inspire MEG market or not?

VAT cut will impact the whole MEG industrial chain somewhat, but it is not enough to change the sluggish MEG market filled with high inventory pressure and surplus capacity in the future.

3-20-2019 11:34:53

Will ECH keep falling down?

It is predicted that ECH will plunge in the short term due to the obviously reduced purchase amount from epoxy resin plants affected by the big inventory pressure.

3-19-2019 17:45:32

Weekly report (March 11-March 15): China acrylonitrile price inched up

China acrylonitrile market price inched up this weak, inspired by the rising international price and cost support from stabilized propylene price, despite of the weak demand. It is predicted

3-19-2019 17:36:16

EO prices remain stable amid multiple factors

Shandong (JLC), March 15, 2019--EO prices kept stable in the week ended March 15 amid tight supply and rallied Asian ethylene market but weak downstream demand.

3-15-2019 15:30:22

BCS/DB market remains weak amid slack demand

Shandong (JLC), March 18, 2019--BCS/DB negotiation prices slipped as weak buying interest from downstream users intensified sales pressure of sellers who would suffer losses in the short run

3-18-2019 15:09:51

China styrene imports to fall amid supply growth

Shandong (JLC), March 18, 2019--​China styrene imports are expected to drop in the second quarter due to output growth caused by high domestic run rate.

3-18-2019 11:52:25

PET chip market to stabilize

Entering March, PET chip market price first rose and then declined stably suppressed by the sluggish PET market. It seems that PET chip market begins to stabilize after 8 years of vibration.

3-15-2019 15:52:17

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