By John Richardson LET’S START with the good news first. ICIS Data and Analytics had expected China’s demand for paraxylene (PX) to grow by in 2018 at 5.6% over 2017, but instead I estimate growth at 9.2%. This was awesome news for the world’s major PX producers as the reason for the strong growth was […]
Asian Chemical Connections
China Petrochemicals In 2015: Five More Predictions
By John Richardson HERE are five more predictions for China’s petrochemicals markets during 2015: 1.) Polyethylene, polypropylene (PP), phenol, purified terephthalic acid (PTA) and polyvinyl chloride (PVC) will be just some of the products that will see declines in imports on rising self-sufficiency and a further slowdown in the local economy. As an example, the […]
PTA Price Decline Reflects Realities
By John Richardson The end of the eight-week long bull-run in China’s purified terephthalic acid (PTA) pricing might well indicate a wider problem about to beset other petrochemicals: Reality undermining the positive sentiment of the early part of this year. “PTA prices surged by 10% from early November to early January, mainly led by a […]
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