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China SBR price rises on unit overhauls

Source said that Fujian Fuxiang Chemical will be shut down for maintenance on April 18th, 2017, stimulating market insiders’ speculation sentiment.

4-24-2017 11:22:04

VAT for LPG much likely to be cut to 11%

It remains to be seen whether the 13% VAT for LPG will be adjusted to the higher level of 17% or to the lower level of 11%, whereas there is much likelihood for a cut to the 11% level in com

4-21-2017 17:38:44

Steel scrap market keeps weak amid bearish factors

Entering in April, domestic steel scrap market continued to go down. According to JLC data, steel scrap price in Tangshan dropped CNY220/mt or 11.8% from end-March to CNY1,580-1,650/mt. Mean

4-21-2017 17:37:28

Reasons for current oil-extended SBS price gain in China

First, the oil-extended SBS price bottomed up after it hit market insiders’ lowest expectation line.

4-21-2017 15:03:30

Processing light marine crude profits of Shandong fell to CNY-34/mt

The transaction price of light marine crude (density: 0.88-0.90) in Shandong market was CNY3,700/mt and the theoretical processing light marine crude profits of teapots were CNY-93/mt, dropp

4-21-2017 08:37:42

Steel market: chance or dilemma

The overall steel market remained depressed, which was contrary to the traditional peak season of sales. Bearishness sustained the market despite price rebound. Can steel market pick up amid

4-21-2017 08:36:59

PE price is hard to stop falling owing to the uncertain macroeconomic data

. Macroeconomic indexes The macro economy increased amid stable trend. China GDP reached 6.9% in the first quarter of 2017. China PMI was 51.8% in March, up by 3.19% YoY.

4-20-2017 18:08:01

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