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Refined product market might rangebound at the end of Nov

Sources said that OPEC had drew up new output cut agreement outline with Russia to extend the output cut period to the end of 2018 and such news would be declared formally at the meeting hel

11-30-2017 15:43:40

MTO producers’ reactions to high methanol price in China

Methanol price kept rising since November 2017, continuously hitting record highs. Though the methanol price declined to some extent in the second half of November 2017, MTO producers suffer

11-30-2017 15:12:35

China phenol price kept rising on tight supply.

China phenol market commenced price rise from mid-August 2017, hitting the 2017 high of CNY 9,000/mt in November.

11-30-2017 14:43:09

Dilemma and challenges in China PX market

According to JLC’s predication, China PX apparent consumption volume in 2017 will reach 23.11 million mt, while PX output will be around 9.45 million mt. The import dependence in China rea

11-30-2017 11:25:00

China PVC import and export volumes both declined in October

China imported 56,400 mt PVC in October, 2017, dipping by 33.25% MoM and gaining by 1.18% YoY. Over January-October, 2017, China PVC import volume reached 638,600 mt, up 22.83% YoY. In Octob

11-30-2017 11:10:57

2017 China PVC producers’ profit analysis

China PVC market price declined after rose in 2017. Up to November, 2017, the lowest price of PVC recorded in April, and the highest was in September. PVC plants gained better profits in 201

11-30-2017 11:06:29

Ethylene unit of Huizhou Refinery conducted hot commissioning successfully

Newly-built CDU unit of CNOOC Huizhou Refinery Phase II conducted commissioning on October 2nd, 2017. Source from the refinery said that the 1.2 million ethylene unit, the largest single uni

11-29-2017 17:53:30

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