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China lowers down tax on ethylene to encourage imports

Recently, the State Council Customs Tariff Commission delivered the Tariff Execution Plan 2015. In accordance with the plan, ethylene shall be temporary import duty rates at 1%, down by 1%,

December 18, 2014

Sudden Surge in PP Market

On December 15, domestic polypropylene market witnessed an unexpected surge, going up by CNY100/mt, within one day after two-week continuous drop, resulting in active transactions.

December 17, 2014

Limit Down of PP Futures Price

Continuous large crude oil price fall and fluctuation in propylene market further reduced the support from cost and intensified the already depressed market.

December 10, 2014

Asian PX Trend in November

In November, Asian PX fluctuated slightly around CNY1000/mt CFR Taiwan shortly after a consecutive rise at the beginning of the month in response to downstream PTA market.

December 05, 2014

Changing Supply & Demand of Methanol in Northern Shandong

As MTO and MTP industries are rising in Northern Shandong province, JYD conducted a field survey late November, 2014, investigating newly-rising downstream methanol companies in Dongying and

December 04, 2014

New features of 2014 China polyolefin industry

​​Based on global capital crunch and the intensive operation restarting of MTO projects in China, China polyolefin industry revealed new features in 2014.

December 03, 2014

Increasing Rate of PE Demand Slows Down

Increasing rate of PE supply may slows down to optimize the supplying structure

November 13, 2014

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