Japan Chemical Trading Blog

The latest chemical trading industry insights from Japan, Asia and the world, reported by the President of Daishin Corporation, Masa Oguchi.


Warning: Use of undefined constant sidebar2 - assumed 'sidebar2' (this will throw an Error in a future version of PHP) in /home/vuser10/4/6/0085264/www.daishin-corp.com/en/info/blog/wp-content/themes/daishin/index.php on line 21

Latest Post

Editor

Masa Oguchi
President, Daishin Corporation
Born in Nara Prefecture, Japan, in 1973. Currently lives in Osaka.

RSS Feed

Ethylene Price Trending Down in East Asia

According to an article in the Nikkei Newspaper, a leading Japanese daily economic press, dated March 29th, the current spot price of ethylene in East Asia decreased by about 6% compared with the start price for the year, to US Dollar 1450-1460 per ton.

The most recent peak price was marked about a month ago. However, combined with the sluggish mood of the Chinese economy and the ending of last-minute demand for ethylene, which is a resin material for the automobile and construction industries, before the increase in consumption tax in Japan has caused the sluggish price trend. The number of resin trade inquiries is also decreasing.

Ethylene Price Trending Down in East Asia

According to an article in the Nikkei Newspaper, a leading Japanese daily economic press, dated March 29th, the current spot price of ethylene in East Asia decreased by about 6% compared with the start price for the year, to US Dollar 1450-1460 per ton.

The most recent peak price was marked about a month ago. However, combined with the sluggish mood of the Chinese economy and the ending of last-minute demand for ethylene, which is a resin material for the automobile and construction industries, before the increase in consumption tax in Japan has caused the sluggish price trend. The number of resin trade inquiries is also decreasing.

Polypropylene Price Declining in China

According to SunSirs, the PP price in China is declining.

Because of low demand, there is excess stock, and also because many new propane dehydrogenation (C3H8 – H2 = C3H6) factories are going to be built in China in the near future, a fall in the price is anticipated.

Polypropylene Price Declining in China

According to SunSirs, the PP price in China is declining.

Because of low demand, there is excess stock, and also because many new propane dehydrogenation (C3H8 – H2 = C3H6) factories are going to be built in China in the near future, a fall in the price is anticipated.

Increase in Tellurium Price

International market conditions for tellurium are improving. Tellurium is a rare metal used as a raw material for solar batteries and electronic parts.

There is a rumor that tellurium is going to be listed on the Fanya Exchange, a Chinese rare metal exchange market, in the near future.
It seems this rumor has a lot to do with the recent increase in the market price.

After marking a historically high price in 2011, the price had been significantly declining until last year.

Increase in Tellurium Price

International market conditions for tellurium are improving. Tellurium is a rare metal used as a raw material for solar batteries and electronic parts.

There is a rumor that tellurium is going to be listed on the Fanya Exchange, a Chinese rare metal exchange market, in the near future.
It seems this rumor has a lot to do with the recent increase in the market price.

After marking a historically high price in 2011, the price had been significantly declining until last year.

The LDPE market in China is declining

In the past 3 months, it is said that the market value has declined more than 15%.

It seems an excess stock of LDPEs in China, the area of greatest demand in the region, has influenced this.


Warning: Use of undefined constant sidebar3 - assumed 'sidebar3' (this will throw an Error in a future version of PHP) in /home/vuser10/4/6/0085264/www.daishin-corp.com/en/info/blog/wp-content/themes/daishin/index.php on line 26

Search

Category

Archive