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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

Film profits was trimmed down

Along with sharp decline of feedstock prices, film prices in May begin to turn downward. Film quotation reached the highest point in early May to over CNY11,500/mt while high price and weak

May 22, 2015

The renaissance of coal-chemical industry needs to avoid risks

National Energy Administration recently delivered a Project Plan on Clean and Efficient Utilization of Coal, clearly suggesting “the overall promotion of modern coal-chemical industry deve

May 21, 2015

Bearish PP market against reduced reserve ratio and interest rate

China's central bank announced to cut the interest rates on May 10th shortly after its reduction of the reserve ratio on April 20th.

May 15, 2015

Chemical sector saw a 3.9% year-on-year profit rise in Q1

In Q1, profits of the chemical sector stood at CNY86.28 billion, up 3.9% from the previous year and that of fertilizer reached CNY5.6 billion, up 13.8% year-on-year.

April 30, 2015

Honeywell’ s catalyst project for propane dehydrogenation launched in China

A new production base, invested and built by Honeywell Performance Materials and Technologies, has been launched in China, of which the catalyst products will be used for the production of k

April 30, 2015

Weak demand acts as the main role to drag down PE market

Demand for PE is expected to remain weak from May to July, thus when numbers of restart plants increase, PE price will probably go down. ​

April 29, 2015

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