The Urethane Blog

Asian Propylene Update

Asian propylene-naphtha spread crunches to 4-month low on naphtha upswing

Highlights

Naphtha prices rise on robust demand, crude uptick

Propylene prices weaken as buyers retreat

Singapore — Asian naphtha prices strengthening to an almost 12-month high as propylene prices weaken has narrowed the propylene-naphtha spread to a four-month low,

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Wanhua Methanol Plant

China Wanhua starts up new coal-based methanol plantNovember 10/2020
MOSCOW (MRC) — Chinese private-sector firm Wanhua Chemical has recetnly started up a new coal-based methanol plant at Yantai in Shandong province, Read more

Chinese PO Prices Spike 37% in Sept

China September chemicals buoyed by firm demand, supply pressure

Author: Yvonne Shi

2020/10/06

SINGAPORE (ICIS)–China’s chemical markets in September were generally buoyed up by firm demand due to pre-holiday restocking and tight supply for some products.

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Tight PO Wreaking Havoc on Polyol Pricing in Middle East

High polyol prices depress Middle East TDI demand

Author: Prateek Pillai

2020/09/30

SINGAPORE (ICIS)–The unceasing rise of polyol prices in the Middle East along with scarce availability of cargoes has dampened demand for toluene diisocyanate (TDI) in the region.

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Chinese Crackers

Chinese cracker expansions enter new phaseJuly 28/2020
MOSCOW (MRC) — Four large new crackers are poised to start operations in China in the next 3-6 months, Read more

China Update

INSIGHT: China petrochemical demand stays weak; supply to increase near term

Author: Yvonne Shi

2020/07/22

SINGAPORE (ICIS)–China’s overall petrochemical demand has weakened in July while supply is projected to increase,

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Chinese PDH Update

Average run rate at China’s PDH plants rises to 85% in June from 81% in May

Highlights

Two plants raise run rates after maintenance

Two plants lower run rates on technical glitches

Processing margin at 8-month high

Singapore — China’s propane dehydrogenation plants operated at an average rate of 85% of capacity in June,

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