BDO Market is Hard to Rally Due to Limited Favorable Factors
AA Exports for H1 Increased by 5%
Review of PO Market in July and Forecast of Future Market
Production Relocation by Chinese Manufacturers has Limited Impact
Why are New PO Projects Frequently Heard?
PUdaily, Shanghai--Data from PUdaily shows that the BDO price nearly plummeted in the first quarter of 2019. it dropped by 15% from a high of RMB 9,950/ton to RMB 8,500/ton. In the second quarter, the price remained relatively stable, ranging between RMB 8,400/ton and RMB 8,600/ton. Despite the rampant speculation in the market, the increase in BDO price was still limited in July and August...
PUdaily, Shanghai-- According to PUdaily, the volume of China's adipic acid exports for the first half of the year reached 167,500 tons, up 5% from the same period last year. The average export price is USD 1,092/ton. In May, the total export volume peaked at 30,000 tons. According to market sources, exports from Huafon, Shenma and Haili Chemical increased in May. In June, the total export volume fell mainly due to a decrease of 4,000 tons in Huafon's exports...
PUdaily, Shanghai-- In July, the price of propylene oxide (PO) declined after rising, fluctuating within a narrow range. Due to the sluggish demand from end market, the PO market remained thin...
PUdaily, Shanghai-- Against the backdrop of escalating trade war between China and the United States, capacity relocation by electronics, shoes and clothes producers becomes a hot topic in China’s manufacturing industry in 2019. With the advantages of low tariffs and cheap labor, Vietnam has become the destination for Chinese manufacturers’ production shift. However, this presents both opportunities and challenges to Vietnam...
Propylene oxide (PO) is an important raw material for the production of polyether polyols and propylene glycol. At present, the production capacities of PO units that are in normal operation in China have amounted to 3.367 million tons/year. According to PUdaily, new PO projects that are likely to come onstream or on which memorandum of understandings have been signed have a combined capacity of 4.08 million tons/year. Of which 3.23 million tons/year are in China....

 
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