US Oil Price Drop Not Reflective of Global Sector
Friday, 24 April 2020
The West Texas Intermediate (WTI) price drop is not reflective of the oil and gas industry worldwide but is very specifically driven by the production and demand imbalance in the United States. That’s what Aberdeen-based Derek Leith,EY’ s Global Lead for 0il and Gas Tax,said in a statement sent to Rigzone on Tuesday. “Most of
EBITDA of chemical industry will drop by 10% this year
Monday, 20 April 2020
According to a recent report released by Moody’s Investors Service, a credit rating agency, the average EBITDA of chemical enterprises is expected to decline by more than 10% in 2020 due to the deterioration of the economic outlook. Moody’s predicted that the GDP of the United States and the euro area would decline, and the
The price of high melting fiber material skyrocketed
Thursday, 16 April 2020
The Western epidemic continues to expand, and the demand for medical supplies is also increasing. The price of high melting fiber materials continues to skyrocket, attracting a number of refining and chemical enterprises to convert to fiber materials. Driven by other products of polypropylene, the price is even higher than the sky. Due to the
Slightly excess capacity of soda ash
Thursday, 09 April 2020
Since the launch of soda ash, inventories have been accumulating and prices have fallen. From the supply side, there is a slight overcapacity. After the Spring Festival, with the resumption of soda ash enterprises, the supply exceeds the demand. From the demand side analysis, it is difficult to improve the output of the downstream glass
Back to the first annual report of “a”: in 2019, Jingao’s net profit increased by 74% to 1.25 billion yuan, with 10.26gw of components shipped
Friday, 03 April 2020
On the evening of March 29, Jingao technology released its 2019 annual report. During the reporting period, its operating revenue reached 21.16 billion yuan, a year-on-year increase of 7.67%; its net profit attributable to shareholders of listed companies reached 1.25 billion yuan, a year-on-year increase of 74.09%. It is worth noting that this is the
Biogas and biomethane can meet 20% of the world’s natural gas demand
Tuesday, 24 March 2020
According to the latest report released by IEA on Friday, the global supply of biogas and biomethane can meet 20% of the global demand for natural gas and reduce greenhouse gas emissions, Turkish news agency reported on March 22. The IEA explained that biogas provides local energy and heat for communities and clean cooking fuel
Methanol waiting Guide
Monday, 16 March 2020
Social public events have brought obvious impact on both sides of the methanol spot market supply and demand. At present, it is still in the process of gradual recovery, and the main futures contracts have been oscillating for nearly a month. In terms of supply, the inventory pressure of domestic methanol manufacturers is obvious, and
Market demand of pyridine hydrobromate
Monday, 11 November 2019
Pyridine hydrobromide, also known as pyrimidine hydrobromide, is an English name. It is often used as a series of vancomycin drugs, such as: cefotaxime, cefpirin, ceftazidime and other intermediates, sometimes also used as papermaking auxiliaries. It is a kind of pharmaceutical intermediate with wide application. Pyridine hydrobromate belongs to strong acid system, which requires high
Appearance of methanol Lido factor
Wednesday, 06 November 2019
The current price of methanol dropped significantly in October. At present, the positive factors of methanol industry are gradually emerging, and the future market is expected to be warmer. Import profit fell rapidly At the beginning of October, the methanol import profit once surged above 200 yuan / ton, and the methanol import volume rose
Trading atmosphere is not good, propane Market in October fluctuates in a narrow range
Tuesday, 29 October 2019
I. price trend In October, the propane market rose slightly, mainly in a narrow range of shocks. The average price of propane Market at the beginning of the month was 3925 yuan / ton, and the average price at the end of the month was 4042.5 yuan / ton, with an increase of 2.99% in