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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,
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
China’s Renewable Power Price and Subsidy: “New” Design in 2020?
Renewable: Wind, Solar / By Yuki / 29 January 2020
China’s renewable subsidy formula and power price structure have been through a rapid and rather complex shakeup in the past two years.
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.
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.
Anti-dumping investigation concerning imports of Flexible Slabstock Polyol
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 Boosts Renewable Power Subsidies 7.5% to $13 Billion
(Bloomberg) —
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,
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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