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China prepares for new wave of CTO projects as profitability rebounds

Shandong (JLC), Jun 2, 2026—China’s coal-to-olefins (CTO) sector has benefited from soaring margins amid geopolitical tensions in the Middle East, driving renewed interest in new CTO projects.

06-03-2026 08:22:00

May PTA operating rate analysis and output forecast

Shandong (JLC), May 28, 2026--China’s PTA operating rate fell to 64.80% in May with output at 5.53 million mt. June output is expected to remain flat amid restarts and new maintenance.

05-28-2026 17:09:39

Asian PTA market price weakens on falling PX price and bleak demand

Shandong (JLC), May 28, 2026—In May, Asian PTA market trended lower, weighed by lukewarm demand and weakening feedstock costs. During the current lull in terminal industry, lackluster purchasing dampe

05-28-2026 11:39:47

Middle East conflict turns PX from profitable to loss-making

Shandong (JLC), May 27, 2026--China’s PX market has been mired in persistent losses since the outbreak of the Middle East conflict.

05-27-2026 17:04:50

Tarim phase II ethylene project achieves mechanical completion

Shandong (JLC), May 22, 2026--PetroChina Dushanzi Petrochemical Company announced that mechanical completion has been reached for its Tarim 1.2 million mt/yr phase II ethylene project and associated g

05-22-2026 15:24:49

Agricultural film market enters off-season as spring sowing exits

Shandong (JLC), May 21, 2026--With the domestic spring sowing season fully concluded, the agricultural film market entered its traditional off-peak season.

05-21-2026 16:46:48

Sinopec 30,000 mt/yr large-tow carbon fiber phase-1 comes online in Ordos

Guangzhou (JLC), May 20, 2026--Sinopec Shanghai started production from the Phase 1 of its 30,000 mt/yr large-tow carbon fiber project in Ordos, Inner Mongolia recently, and the products delivered a w

05-20-2026 11:35:24

April textile exports jump 44.62% as cyclical recovery hides structural weakness

Shandong (JLC), May 19, 2026--In April, China's textile and apparel exports to the global market amounted to $24.05 billion, surging 44.62% month on month but down 0.58% year on year, with the decline

05-19-2026 17:18:06

Vioneo to finalize specific siting of green plastics factory in China

Guangzhou (JLC), May 12, 2026--Vioneo will finalize the specific siting in China for its 300,000 mt/yr fossil-free polyolefins production factory project in the next one to two months, Yicai reported

05-12-2026 19:35:25

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

China n-butanol prices to go range-bound at highs before decreasing in Q2

Shandong (JLC), April 15, 2026 – In the second quarter (Q2) of 2026, China n-butanol (normal butanol) market price would go range-bound at highs in short term amid geopolitical conflict in the Middle

04-15-2026 10:14:58

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

Mideast crisis drives PFY to high-price era

Shandong (JLC), April 8, 2026—The geopolitical conflict in the Middle East has triggered a global energy and chemical supply chain crisis, driving PFY prices to surge and likely remain elevated, promp

04-08-2026 15:56:42

March PG market surges, April rise may ease

Shandong (JLC), April 1, 2026—In March, China’s propylene glycol (PG) market surged largely on cost-driven momentum from geopolitical tensions, but gains were capped and volatility persisted due to we

04-01-2026 10:10:00

Middle East conflict boosts polyester market via cost and supply

Shandong (JLC), March 26, 2026--Sustained Middle East tensions continued to drive up energy and chemical costs, with polyester supply chains tightening and production cuts deepening, lifting price flo

03-26-2026 16:22:08

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

2.25 mln mt/yr new MEG capacity to be released in 2026

Shandong (JLC), March 18, 2026—Four new ethylene glycol (MEG) units with total capacity of 2.25 mln mt/yr would come on stream in 2026. In this way, China MEG capacity might total at 32.115 mln mt/yr

03-18-2026 10:06:56

China polyester yarn steady as Mideast tensions lift costs, demand lags

Shandong (JLC), March 11, 2026—The Israel-Iran conflict has transmitted cost-push pressures to China's polyester yarn sector via rising crude oil prices, driving a stable yet strengthening market, tho

03-11-2026 14:07:17

China chlor-alkali sector faces limited impact from Middle East tensions

Shandong (JLC), March 11, 2026--While rising Middle East tensions have lifted energy prices, China’s chlor-alkali sector is expected to see only limited impact, with key markets still mainly shaped by

03-11-2026 11:01:47

China acetone prices spike on Mideast tensions

Shandong (JLC), March 11, 2026--China's acetone market prices surged in early March due to geopolitical tensions.

03-11-2026 00:00:00

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