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China octanol prices hit 2025 low amid supply glut

Shandong (JLC), September 15, 2025—In 2025, China's octanol market faced persistent oversupply and subdued demand, hitting yearly lows with short-term stagnation expected, while long-term weakness loo

09-15-2025 16:32:49

S China styrene market eyes supply glut in Q1

Shandong (JLC), March 17, 2023--Styrene market in south China was in oversupply in the first quarter of the year, particularly after the startup of Guangdong Petrochemical’s unit.

03-17-2023 17:22:51

China PVC market still suffers supply glut

Shandong (JLC), September 26, 2022--Under the current complex environment, all industries were facing severe challenges. In the current PVC market, the supply may drop but it is still ample, but downs

09-26-2022 14:17:00

POM market extends weak on supply glut

Shandong (JLC), May 23, 2022--Since May this year, the supply and demand side of the POM market has shown a differentiated pattern, the demand is weak. The problem of oversupply is still prominent, an

05-23-2022 15:27:00

China's July gas imports slip on domestic supply glut

Beijing (JLC), August 11, 2020--China reduce natural gas imports in July when the domestic market was bearish amid a supply glut.

08-12-2020 11:44:09

INE crude rangebound as demand stalls, supply gluts to ease

The price of crude futures on the Shanghai International Energy Exchange (INE) was roughly stable on Monday, as demand has stalled amid spiking infections, but the supply glut is expected to ease with Iraq’s commitment to cut its production deeper.

08-10-2020 19:21:00

INE crude slips on worries over demand recovery, supply glut

The price of crude futures on the Shanghai International Energy Exchange (INE) declined further on Monday, amid demand concerns raised by surging infections and the easing of OPEC+ output cuts.

08-03-2020 19:46:52

INE crude edges down amid new supply glut concerns

The price of crude futures on the Shanghai International Energy Exchange (INE) dropped slightly on Wednesday, amid worries about supply gluts as the OPEC+ group is about to taper the production cuts very soon.

07-29-2020 18:52:47

INE crude mixed amid recovering demand, supply glut

The price of crude futures on the Shanghai International Energy Exchange (INE) was mixed on Monday. Demand was gradually coming back, but the market remained oversupplied and the outlook was still a bit grim.

05-25-2020 18:50:01

Methanol supply glut intensifies in short term

It was at the peak season of domestic methanol unit maintenance, but the surge in imports and the start of new units put pressure on the oversupply of methanol in the short term.

05-21-2020 16:10:43

INE crude dips on expected supply glut

The price of crude futures on the Shanghai International Energy Exchange (INE) dropped on Wednesday as traders expected deepening supply surplus amid COVID-19 when the production cut agreement expired.

04-02-2020 10:30:48

POM supply glut to intensify

The total inventory of domestic POM producers increased to about 60,000 mt, a record high over the years, and various plants introduced measures to reduce operating rate.

03-24-2020 11:02:01

Port DEG stocks rise on supply glut

Shandong (JLC), February 26, 2020--Port diethylene glycol (DEG) stockpiles extended an uptrend as a result of supply glut and slow recovery of downstream demand.

02-23-2020 12:11:13

MX market remains dim on supply glut

Shandong (JLC), February 10, 2020--China’s mixed xylene (MX) market stayed lukewarm after the Lunar New Year due to high inventories at ports and in producers, as the transportation control caused by the novel coronavirus inhibited trading activities.

02-10-2020 11:06:27

High-end PP markets develop on domestic supply glut

At present, the growth of downstream demand in the general-purpose materials market could not keep up with the rate of new capacity, and the supply glut of domestic PP general-purpose materials intensified.

12-17-2019 17:08:47

Global PE supply glut to intensify in early 2020

With the construction of the first round of new US crackers and PP plants nearing completion, the global PP market would face oversupply situation and PP price would under pressure by 2020, while year-round demand for PP was expected to lag.

11-25-2019 16:42:52

China PTA supply glut to intensify on unit start-up (Part II)

With the new production capacity of Xinfengming Group, and Hengli Petrochemical, the future supply pressure of PTA would gradually increase. Orders from polyester plants decreased as polyester plants needed to reduce the inventory and polyester products prices by lowering operating rate.

11-06-2019 17:25:34

China PTA supply glut to intensify on unit start-up (Part I)

With the new production capacity of Xinfengming Group, and Hengli Petrochemical, the future supply pressure of PTA would gradually increase. Orders from polyester plants decreased as polyester plants needed to reduce the inventory and polyester products prices by lowering operating rate.

11-06-2019 17:20:33

China records gasoline output drops as supply glut worsens

Guangzhou (JLC), August 21, 2019--China recorded a second year-on-year decline in its gasoline production in July 2019, which indicates Chinese refiners’ enthusiasm for gasoline production is weakening as the market becomes increasingly oversupplied.

08-21-2019 18:33:34

Polyolefin supply glut may worsen on capacity expansion

Shandong (JLC), April 18, 2019--China’s polyolefin industry is expected to be under a great pressure from surging supply in 2019, largely because of expanding capacities and weaker demand, JLC research showed.

04-19-2019 11:59:39

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