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Steam coal & methanol forum brought prosperity to methanol price in H2 2015

Methanol industry has been developing rapidly in recent years. However, impacted by low crude price and the commissioning of MTO units, trade structure of methanol in China has witnessed sub

June 04, 2015

CTO poses threat to OTO

According to JYD, joint capacity of CTO is 2,960,000mt, accounting only around 17% of the total capacity of PP production. However, this figure brings great disturbance to PP market, posing

June 03, 2015

An advanced international rubber R & D center to be built in Nanjing

With a total investment of about CNY430 million, the rubber R & D center in Nanjing is expected to be completed two years later. This center will cover a total area of 102,000m2, 80,000m2 of

June 03, 2015

H1 2015 China methanol capacity grew slowly

According to JYD, till May 28th, 2015, China has held over 6,900 mt/yr methanol capacity. However, newly-build capacity increased slightly than last year, with a few projects commissioning m

June 02, 2015

Whether will PP price rebound?

Line 3 in Maoming Petrochemical, Pucheng Clean Energy and old units in Yan’an Refinery started to produce raf. The total output of raf. went up by 15,600mt from the previous week.

May 27, 2015

PE pipe price edges down amid weak demand

Overhauls in many petrochemical plants extended to May, which led to tightening supply and rising price in some regions at the beginning of May.

May 27, 2015

PTA will suffer slight price decline in short term

Price dip in international crude oil depressed downstream chemical market as a whole. PTA prices of major 1509 contracts fell by the daily limit on May 20th to around CNY5,000/mt, down by 10

May 22, 2015

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