Overall butadiene prices in 2024 were above the average price of the past five years, which have been growing all the way from the five-year average price of about Yuan 9,000/tonne since the beginning of 2024. In detail, after the rise in January and February, butadiene prices were maintained at

China's DMC (dimethyl carbonate) production has declined due to reduced operating rates during August and September. This short supply, coupled with planned maintenance activities, is expected to support the domestic DMC market. While 320,000 tonnes per year of new DMC capacity is set to come online

China Jan-Aug Epoxy Resin Average Gross Profit Margins in 2024 Source: OilChem   As of August 30, the average gross profit margins for liquid and solid epoxy resins were -1.74% and -2.51%, respectively (with processing costs cited at Yuan 2,000/tonne and Yuan 2,300/t). Compared to last year's -1.55

China's PE capacity has had a fast growth in recent years, and the initiation of refining-chemical integration projects and the optimization and upgrading of industrial structure intensify the market competition. Totally 4.10 million tonnes/year, the fourth quarter is set to witness a substantial in