MarketTrends
Global Chemical Recycling Standardization: A Pioneering Collaboration
November 07, 2024 – A groundbreaking collaboration has been inked by Neste, Alterra, and Technip Energies, aiming to standardize global chemical recycling technologies and bolster plastic circularity efforts. This partnership leverages Alterra’s exclusive liquefaction technology to provide a standardized and modular liquefaction plant solution for companies worldwide interested in venturing into chemical recycling. The modular…
Epoxy Resin Prices in China Hit New Lows Amid Market Imbalance
October 31, 2024 – China’s Epoxy Resin Market Continues to Struggle with Low Prices and Oversupply In September, the average price of liquid epoxy resin in China’s market was 12,878 yuan/ton, marking a 0.37% decrease from the previous month and a significant 13.25% drop compared to the same period last year. Throughout 2024, the epoxy…
Global MDI Market Faces Turbulence: Supply Shortages and Price Hikes Persist
October 29, 2024 – Global MDI Market Experiences Turbulence with Supply Shortages and Price Surges The global MDI (Methylenediphenyl Diisocyanate) market has witnessed significant turbulence this year, as several international giants have faced force majeure or unexpected shutdowns of their MDI facilities. These incidents have resulted in a global MDI capacity gap, leading to a…
Growth in Rubber Products Industry Accelerates with Technological Breakthroughs
October 26, 2024 – Rubber Products Industry Soars to New Heights Amid Technological Advancements and Market Demand The rubber products industry, a cornerstone of the global economy, has witnessed remarkable growth in recent years. This sector, primarily using raw rubber as its main material, manufactures a wide array of products through multiple processes. The unique…
Global Petrochemical Landscape: Trends, Pressures, and Prospects
October 26, 2024 – Global Petrochemical Capacity Faces Challenges Amidst Shifting Landscapes The global petrochemical industry is currently grappling with a lull in capacity building, yet the overhang of excess capacity remains a persistent hurdle. Xiao Bing, Deputy Director of the Marketing Research Institute at Sinopec’s Economic and Technology Research Institute, highlights that future expansions…
The Future of Polyolefin: China’s Focus on Sustainability and Innovation
October 25, 2024 – China’s Polyolefin Industry Embarks on a Technological Revolution China’s polyolefin industry, a pivotal branch of the new material industry, is undergoing a significant transformation. Polyolefin products not only occupy a substantial market share but also play an irreplaceable role across various sectors. Recently, the nation has witnessed several breakthroughs in polyolefin…
The Boom of China’s Ethylene Industry and Its Global Impact
October 25, 2024 – China’s ethylene production capacity has been on a steady growth trajectory, solidifying its position as a key player in the global market. In 2022, China surpassed the United States to become the world’s largest ethylene producer, with its capacity accounting for over 50% of Asia’s total. Looking ahead, China’s ethylene production…
Titanium Dioxide Exports: China’s Struggle Amidst Global Restrictions
October 24, 2024 – China’s Titanium Dioxide Exports Face Fluctuations and Challenges China’s titanium dioxide (TiO2) export market has recently encountered volatility, with the latest customs data revealing a decrease in September 2024 exports. The export volume for the month stood at 146,800 tons, marking a decline of 13,900 tons or 8.65% compared to August,…
Multiple Factors Hit China’s Chemical Exports: A Closer Look
October 24, 2024 – China’s chemical enterprises are currently grappling with a severe challenge: a dearth of orders. The latest data released by the General Administration of Customs reveals a notable decline in China’s import and export figures for the first three quarters of 2024. Specifically, in September, China’s imports saw a year-on-year growth of…
Q4 Polyolefin Market: Weak Trends but Arbitrage Opportunities Emerge
October 23, 2024 – Polyolefin Market Forecast: Weak Trends with Potential Arbitrage Opportunities in Q4 As we enter the fourth quarter of 2024, the polyolefin market is anticipated to continue its weak trend, with price movements expected to be strong initially but weaken subsequently. Both supply and demand are projected to grow; however, the risks…