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Asian PX unit operating rate fall sharply on supply disruptions

Shandong (JLC), April 23, 2026--Crude supply disruptions drove Asian PX operating rates sharply lower, particularly in Japan and South Korea.

04-23-2026 16:30:54

Weaker costs, soft demand pull sec-butyl acetate down from peak

Shandong (JLC), April 21, 2026—Driven by geopolitical tensions and cost-side factors, the price of sec-butyl acetate surged to a three-year high in early April, then dropped sharply due to falling cru

04-21-2026 14:00:54

PetroChina Fushun ethylene upgrade project to see mechanical completion by June

Guangzhou (JLC), April 14, 2026--PetroChina Fushun Petrochemical is pushing forward its 800,000 mt/yr ethylene upgrade project, looking to achieve mechanical completion by June this year, according to

04-14-2026 18:58:59

PET bottle chip market swings sharply in March on geopolitical risks

Shandong (JLC), April 14, 2026--Middle East tensions, supply constraints, and downstream caution drove wild PET bottle chip price swings in March.

04-14-2026 16:51:06

Q2 PSF market trapped between cost pressure and demand stagnation

Shandong (JLC), April 14, 2026--China’s PSF market remains caught between stubborn cost pressures and lackluster demand in Q2, with limited upside potential and no clear trend in sight.

04-14-2026 16:48:22

China releases action plan to further propel old unit renovation

Shandong (JLC), April 10, 2026--On March 11, 2026, seven Chinese national regulatory authorities jointly released the “Action Plan for Accelerating the Renovation and Upgrading of Outdated Facilities

04-10-2026 10:47:09

PDH unit operating rate falls below 60%

Shandong (JLC), April 1, 2026 – After a rebound in early stage on improving profit amid geopolitical conflict in the Middle East, operating rates of PDH units began to decrease and even fell below 60%

04-01-2026 13:52:02

Middle East tensions lift costs to keep PE volatile at highs

Shandong (JLC), March 24, 2026--Escalating Middle East tensions drove up crude oil costs, coupled with tightening supply and weak demand, trapping the polyethylene (PE) market in a high-level volatili

03-24-2026 10:20:50

Yulong Petrochemical sees progress on extended industrial chain project

Guangzhou (JLC), March 18, 2026--China's Ministry of Ecology and Environment has decided to review the environmental impact assessment (EIA) report for Yulong Petrochemical's land reclamation works, a

03-18-2026 19:04:55

PET bottle chips rally on cost, supply, demand tailwinds

Shandong (JLC), March 17, 2026--PET bottle chip prices extended gains on mounting Middle East tensions, Hormuz shipping constraints, and recovering demand.

03-17-2026 17:33:32

Geopolitical conflict triggers historic PE price rally

Shandong (JLC), March 12, 2026--In early March, geopolitical conflict triggered supply panic and soaring costs, sending the polyethylene (PE) market into a historic rally.

03-12-2026 16:49:50

Escalating geopolitical conflict supports PET bottle chip market rally

Shandong (JLC), March 4, 2026--The persistent tension in the Middle East became the core external driver behind the recent rally in PET bottle chip.

03-04-2026 15:20:47

Tightening supply expectations drive MX price gains to expand

Shandong (JLC), March 3, 2026--China’s mixed xylene (MX) prices at Jiangsu ports rose by approximately CNY200/mt on March 3, exceeding yesterday's increase and accumulating a total gain of CNY390/mt s

03-03-2026 16:17:48

China’s benzene operating rate and output analysis in Feb

Shandong (JLC), March 3, 2026--In February 2026, the operating rate of China’s benzene industry stood at 81.53%, up 2.95 percentage points month on month and slightly up 0.41 percentage points year on

03-03-2026 16:16:37

China’s fiber-grade PET prices to edge up post-Spring Festival 2026

Shandong (JLC), February 26, 2026--China’s fiber-grade PET prices stayed in a stalemate during the Chinese Spring Festival holiday, with further modest gains expected in the short term.

02-26-2026 17:06:24

U.S. tariff reversal reshapes Chinese plastics trade, squeezes downstream exports

Shandong (JLC), February 26, 2026--Between February 20 and 24, 2026, U.S. tariff policy underwent drastic adjustments. The impact of this tariff volatility on China’s plastics market shifted from “dir

02-26-2026 15:29:42

Rising operating rates drive PE supply growth

Shandong (JLC), February 11, 2026--China’s Polyethylene (PE) unit operating rates steadily recovered to 86.34%, with overall supply scale maintaining high-level operations.

02-11-2026 17:36:00

Sinopec Henan to complete constr. of hydrocracker by end of 2026

Guangzhou (JLC), February 6, 2026--Sinopec Henan Refining & Chemical aims to achieve mechanical completion of the oil refining part, including a hydrocracker, under its 1 million mt/yr ethylene projec

02-06-2026 18:57:43

PetroChina Dushanzi to Bring Online Tarim Phase-II Ethylene Project in 2026

Guangzhou (JLC), January 29, 2026--PetroChina Dushanzi Petrochemical will bring online its Tarim Phase-II 1.2 million mt/yr ethylene project in 2026, People's Daily reported on January 16, 2026, citin

01-29-2026 11:54:54

Sinopec’s upgraded CTO project advances to EIA stage

Shandong (JLC), January 21, 2026--On the morning of January 14, 2026, a technical assessment meeting for the environmental impact of Sinopec Greatwall Energy and Chemical’s coal-to-olefins upgrading d

01-21-2026 17:42:41

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