Market Flash

The spread between the ethylene contract and net spot polyethylene (PE) prices remains low as cracker margins get firmer on the back of lower feedstock prices.

• Europe
• PE

The packaging material used in the application is based on Styroflex, a styrene-butadiene block copolymer (SBC) produced by Ineos Styrolution. LLDPE resin is conventionally used for stretch hood film.

• SBC
• resin

The unexpected scale of the increase in energy demand and carbon dioxide (CO2) emissions in 2018 was a result of more extreme weather during the year, according to BP’s chief economist.

• energy
• weather

On March 3, the National Development and Reform Commission and other seven departments jointly issued the Action Plan for the Promotion of Domestic Infant and Child Formula Milk Powder.

• formula

Jinwang Jiama Cosmetics Intelligent Retail, Creating the Strategic Target of "Digital New Retail Service Platform".

• digital

Since the concept of environmental protection has been pushed into the social tide, the voluntary environmental protection behavior has become a "new fashion" in all walks of life.

• coating
• industry

On June 4, Yiju Real Estate Research Institute released the Land Market Report of 40 Cities in May 2019. The report shows that land market transactions were active in May.

• real estate

On May 9, the Ministry of Ecology and Environment published the Notice on the Listing and Supervision of Major Pollutants Discharged by Five Key Pollutants Discharging Units.

• environment

Tunnel fire retardant coating: through mechanical spraying on the inner wall and vault surface of the tunnel, it can effectively prevent the strength of reinforced concrete in the tunnel from decreasing at high temperature

• fireproof
• coating

Resin trading slowed a bit as we rolled into June: Offers were plentiful, prices were weaker and completed volumes tallied a tad below average, said the PlasticsExchange (Chicago) in its Market Update.

• resin
• PE
• PP

The current trends in global energy demand growth and consumption are not sustainable, and continue to push away from carbon dioxide (CO2) reduction targets necessary to meet the Paris Accord commitments.

• energy
• consumption

Shipments of injection molding and extrusion equipment in North America declined 27.6% in Q1 2019 compared with the last quarter of 2018 among reporting companies

• Plastics
• shipment

The May Finance New China Manufacturing Purchasing Managers Index (PMI), released on June 3, recorded 50.2, which was the same as April and was in an expansion range for three consecutive months.

• Manufacturing

According to market news, Shenhua Group recently announced that the monthly prices of the CPPCC in June 2019 were all in a downward trend.

• price

On May 20, a training seminar on "Construction, Operation and Promotion of Financial Sharing Center in the Age of Great Intelligence Transfer and Cloud Transfer" was held in Shanghai by the Chinese Association of Chief Accountants.

• trend
• financial

In view of many public opinions that the current economic and trade frictions between China and the United States continue to escalate, rare earth, as China's superior strategic resources, may become an important chip for China's anti-U.S. countermeasure.

• rare earth

According to a recent report on the website of the Ministry of Industry and Information Technology, in the first four months of 2019, the benefits of China's iron and steel industry improved from the beginning of the year.

• iron
• steel

In April, domestic iron ore demand was basically stable, but iron ore prices fluctuated at a high level. Specifically presents the following characteristics.

• iron
• ore

The Global Service Trade Summit of China International Trade in Services Fair was held in Beijing on 28th.

• international
• trade
• summit

Asia’s polymethyl methacrylate (PMMA) import markets have been on a losing streak over the past twelve months, as the long-drawn US-China trade battle continues to rain blows on consumer sentiment.

• PMMA
• Asia