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China rubber import down by 6.0% MoM to 470,000mt in May

Reportedly, the data released by China General Administration of Customs on June 8th showed that China’s May rubber import volume was 470,000mt, down by 6.0% against the 500,000mt of April

June 08, 2016

SBR market hard to turn optimistic amid bearish factors

Since the growth in late February, SBR price continued surging high with SBR 1502 reaching CNY12,900/mt(in Shandong, Qilu 1502).

May 26, 2016

China 10 Key Projects of Manufacturing Reform and Upgrade

National Development Reform Commission (NDRC) and Ministry of Industry and Information Technology (MIIT) released the notice on implementing the major projects of manufacturing reconstructio

May 20, 2016

Increasing methanol supply may reduce methanol price

In end-April, methanol futures price drops dramatically. The most traded contract 1609 declines from CNY2,100/mt to CNY1,874/mt, down by 11%. Methanol supply and demand is to be unbalanced

May 19, 2016

Intensive maintenance of olefin units in Northwest China makes methanol price decline

Methanol price in Ningxia drops from CNY1,750/mt to CNY1,450/mt; the price in central Shaanxi drops from CNY1,850/mt to CNY1,650/mt; methanol price in Shanxi moved down from CMY1,780/mt to C

May 18, 2016

Coal chemical industry should be developed prudently in China

Rapid development of pilot projects of coal chemical sector in West China, where is rich in resources, not only shapes its development way, but also offers ideas for the current new normal i

May 17, 2016

Slack season of polyester industry is coming; MEG market is hard to be prosperous

Data show that in May 9th-May 13th, China MEG price was low. On May 9th, MEG offer of domestic dealers averaged CNY5,166/mt. On May 13th, MEG offer of domestic dealers was CNY5,103/mt, down

May 16, 2016

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