Market Flash

China is taking steps to rein in surging thermal coal prices in the domestic market and ensure smooth supply during the annual sessions of the National People's Congress in Beijing which started Tuesday.

• thermal coal

Crude oil imports for China's independent refineries fell for the second consecutive month in February to 9.75 million mt, or 2.55 million b/d, after hitting an historical high of 12.6 million mt in December.

• crude oil

China will implement its previously announced cuts to value added tax on natural gas, by lowering city-gate natural gas prices and pipeline transportation fees from April 1.

• Natural Gas

Taiwanese producer Formosa Chemicals and Fibre Corp. has delayed the restart of its phenol/acetone plant at Mailiao, Taiwan, possibly to the following week, a market source said Tuesday.

• FCFC

Reformation in the Chemical Industry: a total of 20 fields will be encouraged, 13 fields will be limited, and 12 fields will be weeded out.

• China
• Chemical

Phenol Guide: Yesterday, the domestic phenol market continued to downward focus.

• Phenol

Guangzhou Daily News (Tu Duanyu), a well-known energy beverage brand, has annual revenue of 1.019 billion baht (about 200 million yuan) in China in 2017.

• beverage

Guangzhou Customs reported on April 10 that from March 24 to 25, Guangzhou Customs dispatched 95 anti-smuggling police to seize three cases of smuggling imported endangered species in Foshan, Qingyuan and Heyuan.

• smuggling

Recently, Zijinshan News and Jinling Evening News reported that many elderly people in Nanjing had purchased so-called health care products, which were essentially drinks.

• drinks

The promotional price is 19.9 yuan for a kilogram of Hainan Imperial concubine Mango, 24.9 yuan for a Xizhou honey No. 25 with a retail price of more than 1.1 kg.

• fruit

Yesterday, the Municipal Market Regulatory Bureau held a meeting on the supervision and deployment of the online ordering platform.

• food

On April 9, Yujiahui, the first share of e-commerce, announced that the company's performance is expected to decline in the first quarter of 2019.

• Yujiahui
• e-commerce

April 12. FN REPUBLIC announced that it will expand the product line-up of the cosmetics brand `JAYJUN'to meet the peak of the retail market in China.

• FN-REPUBLIC

Trade Association issued the Major International Plastic Restriction Regulations and Innovative Business Model, pointing out that with the worldwide intensification of restrictions on the use of plastics, we should be prepared beforehand.

• plastic

On April 11, the market price of emulsified styrene-butadiene rubber in Shaanxi was stable.

• styrene-butadiene

The market of PVC in Hangzhou has been consolidated.

• PVC

The market of PVC in Changzhou has fallen slightly.

• PVC

Yesterday, domestic DOP market consolidation trend, cautious wait-and-see attitude is still strong.

• DOP

Yesterday, the domestic acetone market range shocks

• acetone