Spot styrene prices kept decreasing, tracking the drop in futures despite tight supply on slow recovery of integrated units. Overall transactions were thin and deals were mainly around 10,000yuan/mt since early July. Supply was expected to recover in August with the restarts of Wanhua and Hengli, de Read More

CPL is a downstream product of benzene and is related to the trend of aromatic products. The performance of CPL in this round of fluctuation was weaker than that of benzene and styrene. By June 20, benzene and styrene markets briefly bottomed out and consolidated, but the decline of CPL still did no Read More

The CPL-benzene spot price spread has fallen below the lowest level since the epidemic in early 2020, reaching a historical low. From the price difference theory, it is the time when the cost-side support is the strongest, especially considering the current high price of liquid ammonia and other raw Read More

In the past two weeks, due to the impact of the Fed's interest rate hike, the global market has generally declined. In nylon industry, in addition to the impact of the decline in crude oil, the aromatic market was quickly giving up previous surge, and these had all accelerated this round of downward Read More

Returning to viscose industry, it can be seen objectively that as a manufacturing link close to the resource side, the confidence in VSF market is positive in the first five months of 2022, which is the main reason of falling VSF inventory but rising VSF price. But looking at the whole industry chai Read More

China's economic turbulence is weaker than the global one, which depends on the management characteristics of Chinese government, but greater pressure does exist in 2022. The GDP grows by 4.8% year-on-year in the first quarter, weaker than the full-year target and the growth rate in the second quart Read More