Market Flash

Yechuan Town is located in the northwest of Gaoping City, 10 kilometers away from the urban area of Gaoping City, with convenient transportation.

• agriculture

On June 27, the General Office of the Shandong Provincial People's Government issued the Notice on Publishing the List of the Fourth Batch of Chemical Parks and Specialized Chemical Parks, announcing 10 Chemical Parks and 3 Specialized Chemical Parks.

• chemical
• park

The Yancheng Dafeng District Daqiao Primary School Complex Building, Mengang Roof Waterproofing and Teaching Building Wall and Skyscraper Latex Paint Project have been approved by the superior departments for construction.

• waterproof

The EU could potentially gain market share from the US and the Middle East if it is able to consummate a trade deal with the Mercosur trading bloc in South America.

• EU
• Mercosur

Asia’s soda ash market is expected to remain weighed down by ample supply in China amid rising output following completion of plant turnarounds.

• soda ash
• Asia

At present, it has formed a modern iron and steel industry system with complete main and auxiliary industries and complete industrial chain upstream and downstream.

• steel
• iron

According to the China Machinery Industry Federation, the production and sales of China's automobile industry were sluggish in the first half of this year.

• machinery

With the arrival of the summer solstice, Yulin local litchi began to enter the peak season of sales.

• lichi

Garlic is an indispensable ingredient for every household to cook. People who often buy vegetables may find that the price of garlic has been soaring all the time in recent years.

• garlic
• price

As one of the highlights of this China-Africa Economic and Trade Fair, on June 27, the China-Africa Agricultural Cooperation and Development Seminar was held in Hunan Hotel.

• agriculture
• project

Key monitoring points shall, in principle, only be constructed in publicly addressed production plants, and no new or expanded projects shall be implemented in other production plants.

• monitor

On July 1, China Index Research Institute released housing price data of Baicheng in June and January-June.

• housing
• price

On July 1, Huang Yan, Vice Minister of Housing and Urban-Rural Construction, revealed at a regular policy briefing held by the State New Office that 170,000 old urban and rural residential districts in China are to be renovated, involving residents.

• residential
• area

June 20-21, the iron oxide industry branch of China Coatings Industry Association held the annual meeting of industry work in Qingdao in 2019.

• coating

EU chemicals trade group Cefic has welcomed the free trade agreement (FTA) between the EU and Latin America's Mercosur, which is expected to fully remove duties for 90% of the EU's chemicals exports to the five-country bloc.

• ethanol

US June ethylene contracts settled down by 0.75 cent/lb from May for a majority of the market as lower production costs outweighed a mid-month spot-price uptick.

• ethylene

US polymeric methylene diphenyl diisocyanate (PMDI) prices were assessed 5 cents/lb ($110/tonne) lower on sufficient supply and lower prices in Asian markets.

• PMDI

OPEC on Monday extended production cuts for another nine months, in a bid to bolster oil prices as the cartel faces a weakening outlook for global demand.

• OPEC
• oil
• production

Asia’s acrylonitrile-butadiene-styrene (ABS) prices were firm, with suppliers continuing to target higher numbers.

• ABS
• Asia

According to the latest data from the World Steel Association, in May 2019, crude steel production in 64 countries included in the World Iron and Steel Association statistics reached 162.7 million tons, an increase of 5.4% over the same period last year.

• steel