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Tire market likely to improve on various bullish policies

The recovery of China’s tire market is likely to be accelerated as the government put forward many bullish policies such as the cancellation of resumption application and transport recover

2-26-2020 20:19:46

INE crude drops on demand worries

The price of crude futures on the Shanghai International Energy Exchange (INE) extended drops on Wednesday, as the spread of the new coronavirus outside China deepened demand concerns.

2-26-2020 19:04:04

Shandong refinery operating rates rebound as market improves

Shandong-based independent refiners’ refinery operating rates rebounded this week, as refiners’ product stock pressure eased amid recovering demand.

2-26-2020 18:15:21

PTA supply to surge on capacity expansion

Shandong (JLC), February 26, 2020--China’s PTA supply is expected to outpace downstream demand in 2020, as PTA capacity will extend an uptrend while downstream polyester capacity showed an

2-26-2020 17:17:11

Qingdao Bonded Zone imported NR price goes soft in Feb on multiple factors

The natural rubber price in Qingdao Bonded Zone went soft amid slow recovery of midstream and downstream demand and accumulated inventory, but the downtrend was hampered by latex output redu

2-26-2020 16:50:50

PTA inventory accumulates over 1 million mt in Feb

PTA inventory was still rising with weak demand. The average daily accumulated storage in February was about 35,000 mt, thus the estimated PTA accumulated storage in February would reach 1.0

2-26-2020 16:49:21

MEG prices may keep rising

MEG prices was expected to continue to increase due to the ease of the virus and improving downstream demand.

2-26-2020 16:48:07

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