From the recent changes in the operating rate of upstream and downstream industries, it is actually relatively favorable for CPL. There is a certain loss in CPL supply, but the operating rate of downstream nylon 6 has increased, and new devices have been put into production. On the other hand, a lar
Looking back at the situation in the first half of Aug, it can be seen that both supply and demand have reduced. When upstream crude oil and benzene prices slumped, the price in nylon industrial chain followed down, but the decrease was very limited for CPL and downstream nylon. The factor that has
1. CPL plant turnaroundsFrequent plant turnarounds or accidental shutdown in August 2019 had caused unstable supply of CPL, and prices were mainly waving around this topic. Below table shows CPL plant turnarounds in August 2019.CompanyProductCapacity (kt/year)Operation statusRisunCPL50Expanded capac