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Drought suspends rubber tapping

It has seldom rained in west Hainan Province since last November, and rain fall in some areas have fallen to less than 50mm. Yellow and fallen leaves and dying seedlings could be seen everyw

June 11, 2015

Inactive transaction continues to drag PP price down

PP supply will increase as line 1 in Dushanzi Petrochemical restarted at the end of May and new units in Pucheng Clean Energy and Daqing Refining & Chemical as well as line 3 in Shenhua Ning

June 09, 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

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

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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