Asian Markets

May 29, 2023

PO Trade Flows in the Future

The tax rebate rate for downstream products of PO, such as polyether polyols, propylene glycol, and propylene glycol methyl ether, has been increased to 13%, further enhancing their export competitiveness. read more

May 29, 2023

Wanhua Starts TDI Plant

The company contributes 30% of the global TDI capacity, making it the largest TDI supplier in the world. read more

May 16, 2023

Chinese Mattress Exports

China Mattress Exports Increase Significantly in Q1 2023 PUdaily | Updated: May 16, 2023 China exported a total of 2.457 million spring mattresses in the first quarter of 2023, a year-on-year increase of 14.8%. The export value reached USD 194.02 million, a year-on-year increase of 2.5%, according to customs data. Figure 1: China Spring Mattress […] read more

May 11, 2023

Chinese Furniture and Mattress Overview

At present, the frequency of mattress replacement in China is much lower than that in U.S. 37% of Chinese consumers replace mattresses in 10-15 years, while 47% of consumers have never changed them, read more

May 8, 2023

Hydrogen Peroxide Accident Impacts HPPO Production in China

Moreover, the hydrogen peroxide explosion incident has to some extent delayed the restart of some HPPO process facilities, and the reduction in supply of propylene oxide is one of the reasons for the recent price increase. read more