opec+ s additional production cuts curb the rise in oil prices dragged n by weak demand and loss-making inventories hit a new high
crude oil prices have declined this week. as of the 20th, the settlement price of the main contract of wti crude oil futures in the united states was 77.37 us dollars / barrel, and the settlement price of the main contract of brent crude oil futures was 81.10 us dollars / barrel. in the first…
the epoxy industry urgently needs transformation and upgrading for high-quality development
from april 14th to 16th, the 6th (2023) national epoxy industry green low carbon high quality development forum was held in yangzhou. the meeting pointed out that the epoxy industry is facing the triple pressure of “shrinking demand, supply shock, and weakening expectations”. efforts to improve the resilience and security of the supply chain of…
the high-end transformation of fluorine chemical industry is difficult and long-term
“almost everyone is saying that my country’s fluorine chemical industry has excess production capacity. is the fluorine chemical industry excess capacity?” this is the most discussed topic among representatives at the 2023 china fluorine chemical new materials development summit. in this regard, many experts said that the situation of overcapacity of low-end fluorine chemicals in…
short fiber processing fee is expected to be repaired in the near future
since the end of february, the staple fiber processing fee has started to fall all the way, and the profit of the equipment has been continuously compressed, and once fell to a low level over the years. most of the equipment suffered serious losses, which forced the factory to increase the scale of equipment maintenance.…
the coatings market will gradually recover in the second half of 2023
“under the overall economic environment of steady improvement this year, the nstream economic activity of the coatings industry has increased, and demand has gradually recovered. the overall coatings output is expected to match that of 2021. we believe that the coatings market will gradually recover in the second half of 2023.” at the 2023 china…
the price of urea continues to fall and companies in the industrial chain work harder to reduce costs
currently, it is the peak season for chemical fertilizer consumption, but the price of urea, a commonly used nitrogen fertilizer, has fallen instead of rising. in terms of spot goods, sunsirs data shows that the price of urea on april 24 was 2,675 yuan/ton, n 5.88% from the year’s highest value of 2,842 yuan/ton. in…
