The U.S. Energy Information Administration released a report on the same day showing that the U.S. nationwide commercial crude oil inventories fell by 110 million barrels to 4.116 billion barrels last week, the tenth consecutive week of decline. The news support the day oil prices. As of the close the same day, light sweet crude [...]
London (Platts)--24 Jan 2018 711 am EST/1211 GMT Propane in Northwest Europe sank to its largest discount to naphtha in nine months on Tuesday, as participants said the market was well covered for January and end-user demand for naphtha remained weak. On Tuesday, physical CIF large cargo propane prices were at a discount of $104.50/mt [...]
The butadiene market has experienced another sharp correction during 2017. During the year, the highest and lowest prices both appeared in the first half of the year, while the rest of the market was dominated by a narrow rangein the second half of the year. In the second quarter of 2014 to the second quarter of [...]
Environmental tax began to be levied in 2018,bad chemical companies shutting down is still continuing, the price of acetate raw materials and glacial acetic acid remain very high. In such an environment, the cost of various chemical companies began to increase in the intangible, of course, this refers only to the more polluting chemical manufacturers. Due [...]
Recently, many fire and explosion accidents have occurred in some domestic and foreign industry related with coatings.As the Lunar New Year approaching, the safety alarm needs to be sounded. On Wednesday, a fire broke out at a paint spray center in Trinity Industries near Harrison County Highway 80 in Texas. This is a tanker manufacturing [...]
The trend of price: The news: The 85 natural gas installations of Chongqing Carbele has been stopped on December 11 due to limited air and the restart time is variable. Qinghai Guilu 800,000 tons of natural gas installations continue to stop because of limited gas and it is expected to restart after the Spring [...]
This week, high price market of vinyl acetate temporarily appears stable operation and the stock of manufacturers is limited. However,demand of the downstream industry is weak and brokers hold the view. In terms of the device, it is not yet determined to the time of parking maintenance in SVW and the restart time of device [...]
Chemical and Engineering News on January 2, the American Chemistry Commission (ACC) said the 2018 global specialty chemicals market is promising. The continued growth of U.S. demand, the continued expansion of Asia's economy and the recovery of European demand are all good signs for the global specialty chemical market in 2018. ACC predicts global production [...]
European acetic acid imports in November declined by 23% month on month but fell by only 1% year on year to 42,582 mt, according to the latest Eurostat data. Over the first 11 months of 2017 imports totaled 409,742/mt, down 25% from the same period of 2016. Exports continued to be dwarfed by imports as Europe [...]
