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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.

March 20, 2019

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.

March 19, 2019

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

March 19, 2019

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

March 18, 2019

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.

March 18, 2019

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.

March 15, 2019

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.

March 15, 2019

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