2022-04-29

MEG demand estimation has been revised up. Polyester polymerization rate remains around 94% recently. Despite short-term output reduction, polyester polymerization rate has already increased. In summary, Mar-May supply-demand structure has improved with more decrease expected in total inventory. ME Read More

2022-04-29

Due to rising coal prices recently, coal-based producers in Shanxi, Anhui and Henan are facing increasing pressure. Some producers may lower operating rate or shut down units. In terms of conventional units, CSPC shut its #2 unit and Gulei PC lowered operating rate. Eyes could rest on the operation Read More

2022-04-29

The pickup of several Yisheng warehouses near ports has also been paralyzed recently. It is reported that the warehouses in the ports of Zhapu, Qinzhou and Tianjin have suspended delivery, and other external warehouses are normal, providing 24- or 48-hour nucleic acid negative reports and keeping do Read More

2022-04-29

In the early stage, due to the non-cooperation of some drivers that were marked with a star, which means he was advised to return, and the highway intersection was once in a state of extreme congestion. Since then, the policy has changed to allow drivers of green-code though with a star to pass, but Read More

2022-04-29

So far as we know, at present, the national highways in Changzhou and Zhangjiagang are blocked, and the highway exit requires all drivers and passengers to hold a 48-hour nucleic acid test negative certificate, and can pass normally after verification of travel code and health code. A nucleic acid t Read More

2022-04-29

Recently, affected by the spread of the epidemic, roads and ports in some parts of the country have been blocked. Many logistics drivers to pick up PET bottle chip are stuck in highways or ports, and the average waiting time is more than 24 hours. At present, it is the intensive pickup time for down Read More