Market Flash

Risk warning: large fluctuations in oil prices; major safety incidents; uncertainty in environmental protection policies

• Viscose
• DMF

In 2020, starting from the global spread of public health events, the global economy experienced a substantial downward adjustment during the year, and China's ethylene glycol industry also experienced multiple tests during this period.

• ethylene glycol
• global economic

12 kinds of pesticide technical products in China announced the price increase again. The common herbicide, 95% glyphosate, increased by 500 yuan per ton, and its ex-factory price reached 28,500 CNY/ton.

• pesticide
• price

Recently, there are many factors that have boosted the price of feed ingredients such as soybean meal and corn, one after another, such as high costs, obvious epidemic control in some areas, poor logistics and transportation

• feed price
• Corn price

Expected growth in EV & hybrid vehicles seen helping drive polymer demand in automotive applications

• chinaplas 2021
• CHINAPLAS

At present, the short-term market for polypropylene has intensive bearish sentiment, and new expansion devices on the supply side are gradually increasing, while the demand side is subject to the close end of downstream orders

• polypropylene market

In December, a wave of gas restrictions in Iran pushed up methanol by more than 2,500 yuan. Unexpectedly, the incident turned out to be a turning point in the market.

• methanol
• industry chain

At present, the national titanium dioxide manufacturers are experiencing polarization: the spot is tight, the actual price of the market is relatively chaotic, and the large enterprises are hard to find a single product.

• Titanium dioxide

On January 13, 2021, it was learned from the Silicon Industry Branch of the China Nonferrous Metals Industry Association that on the basis of the price increase last week

• Polysilicon price

Chinese Premier Li Keqiang has signed a State Council decree announcing the decision on adjusting several administrative rules and regulations in order to step up the implementation of the Foreign Investment Law.

• china foreign trade
• Foreign Investment Law

The number of China-Europe freight trains hit 1,238 in November, up 64 percent year-on-year, data from the China State Railway Group Co Ltd showed.

• china container freight index

Central China's Hubei province, once hard hit by COVID-19, saw 10.1 percent growth in foreign trade in the first 11 months of this year, local authorities have said.

• china foreign trade
• china export

China's exports jumped in November by the most since early 2018, Bloomberg said in its Dec 7 report titled China's Exports Surge in Year-End Rush as Pandemic Fuels Demand.

• china export
• china foreign trade

The Supreme People's Court (SPC) has recently appointed a total of 24 new experts to the International Commercial Expert Committee to make trials related to international commercial cases more specialized.

• china foreign trade

China's GDP growth rate is expected to touch 8.8 percent in 2021, thanks to the robust recovery momentum seen in major economic sectors, global consultancy KPMG said in a report.

• china gdp
• china market trend

The Jiaodong Economic Circle in Shandong province — including the cities of Qingdao, Yantai, Weifang, Weihai and Rizhao — plans to accelerate economic integration and become a new engine for China's economic growth, especially in the Northeast.

• economic circle
• china economy

Despite the broad challenges of COVID-19, China's swift economic recovery has ensured that the country remains a key market for companies from the United Kingdom in 2021, the British Chamber of Commerce in China said on Tuesday.

• covid 19 business
• china market trend

On the 12th, most domestic futures markets fell in early trading, with non-ferrous and black products leading the decline. Stainless steel and coke fell by more than 3%, hot coil, thread, coking coal

• isopropanol
• neopentyl glycol
• MDI

In December 2020, the national consumer price (CPI) rose by 0.2% year-on-year, not continuing the negative growth trend in November.

• Commodity market

There is a growing demand for reduced sugar content, and formulators hope to make the product taste better while maintaining a low sweetness. In addition, hypoglycemic reduction is closely related to Innova Market Insights's sixth major trend in 2020, &qu

• sweet protein
• Brewed sweet