Policy & Regulation

On July 10, the China Automobile Industry Association released data on automobile production and sales in June 2019. The data show that in January-June, the automobile production and sales completed 12.132 million vehicles and 12.323 million vehicles.

• automobile

It is speculated that the global eye makeup market will reach 21.41 billion US dollars in 2025. According to the data, the market size was 14.52 billion US dollars last year, and will keep the annual average growth rate of 5.7%.

• eye
• makeup

It is predicted that the growth rate of industrial production in the first half of 2019 will be about 1.5%, much lower than expected.

• growth

Discussions, exchanges and answers were made on the basis of emission reduction and the optimization of emission reduction measures, which are of general concern to all regions.

• regulation
• pollution

It is a strong benchmark for bicycle enterprises to take the lead in using paint, promoting paint and advocating green and low carbon travel.

• paint

Yesterday, the domestic phthalic anhydride market of ortho-process was deadlocked at a high level, the terminal demand did not improve substantiall.

• Phthalic
• anhydride

Some sellers of expandable polystyrene (EPS) in Europe are concerned about market dynamics because prices have continued to fall more than upstream costs in recent months.

• Europe
• EPS

From the point of view of demand structure, in the early days of the founding of New China, economic growth mainly relied on general consumption.

• economy
• structure

According to the latest statistics of the digital cement network, the price of the cement market in China fell by 0.7% annually this week.

• cement

Recently, pork has become the focus of attention in the market because of its continued high price. Some consumers complain that it is too expensive to eat.

• pork
• price

On July 1, the reporter learned from the Provincial Development and Reform Commission that the prices of major food products in our province were basically stable last week.

• staple
• price

It is known that the standard number is SH/T 3603-2019 "Technical Regulations for the Application of Anticorrosive Coatings for Petrochemical Steel Structures".

• anticorrosive

Asia naphtha markets slipped in tandem with easing crude oil futures, but a return of spot demand coupled with an anticipated fall in excess supply may well provide some needed support.

• naphtha

With the entry in July, the market has paid more attention to the macroeconomic situation in the second half of the year. The latest June Finance and New China manufacturing PMI released on July 1 recorded 49.4%, down from 0.8 percentage points in May.

China’s domestic acetone supply glut is expected to continue in July as supply will remain unchanged and demand may weaken due to high temperatures in summer.

• acetone

It is understood that in order to adapt to the major food safety decision-making deployment of the Party and the state, the Regulations make further provisions in the "four most stringent" aspects.

• food
• safety

The first round of supervision and "looking back" handed over 509 questions of accountability. At present, the first round of surveillance transfer has been completed.

• supervision

It is reported that the current national cosmetics regulation is the Regulation on Hygienic Supervision of Cosmetics, which has not been revised in the past 30 years.

• cosmetic

A supply overhang amid feeble downstream petrochemical demand has hit Asia's naphtha market, although demand could bounce back on cracker expansion and restarts.

• naphtha

Chinese demand for styrene butadiene rubber (SBR) has weakened because of falling automotive sales, weak market conditions and slowing growth.

• SBR