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    53.7 bcm Deep CBM Reserve Registered in Shaanxi amid CBM Policy Tailwinds
    On July 13, Shaanxi Yanchang Petroleum (Group) Co. announced that 53.7 bcm of proven geological reserves at the Yandong coalbed methane (CBM) field had secured filing approval from the Ministry of Natural Resources. Located in the southeastern Ordos Basin with burial depths exceeding 2,000 metres, the asset can sustain an annual capacity of 0.8–1.0 bcm.
    Jul 15, 2026
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    Middle East Tensions Lift Coastal Methanol Prompt and Forward Basis Short Term
    Amplified headwinds including recurring geopolitical risks and severe weather, persistent short-covering demand, plus low inventory at major coastal public storage tanks have cooled broad bearish sentiment and encouraged market participants to hold back cargoes. The basis of both prompt and forward methanol contracts along coastal regions is set to strengthen in the near term.
    Jul 14, 2026
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    Middle East Tensions Lift Coastal Methanol Prompt and Forward Basis Short Term
    Amplified headwinds including recurring geopolitical risks and severe weather, persistent short-covering demand, plus low inventory at major coastal public storage tanks have cooled broad bearish sentiment and encouraged market participants to hold back cargoes. The basis of both prompt and forward methanol contracts along coastal regions is set to strengthen in the near term.
    Jul 14, 2026
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    Maintenance Fulfillment Misses Expectations, PX Lacks Upside Momentum
    The Middle East peace talks remain highly volatile, intensifying fluctuations in international oil prices. Currently, there has been a spate of delays in the implementation of maintenance schedules for Asian PX units, with PX production cuts falling short of expectations and the pace of supply contraction slowing. Meanwhile, downstream PTA and polyester industries continue to expand their production cutbacks, highlighting negative demand-side feedback. As a result, the PX market has entered a weak, choppy trading range, with the mainstream price center of gravity retreating to around $1,200/mt.
    May 20, 2026
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    Adipic Acid: Total Export Volume Down YoY in Jan-Apr 2026
    [Lead] From January to April 2026, China's adipic acid Export volume decreased YoY. The main trading partners were Turkey, India, and Singapore, while Chongqing and Shandong remained the leading regions in terms of shipment origins and destinations. Affected by the EU's Anti-dumping duty policy, the export destinations of Chinese adipic acid have shifted. During this period, China's cumulative adipic acid exports totaled 148,383.64 mt, down 34.59% compared with the same period last year. (In November 2025, the EU imposed provisional anti-dumping duties ranging from 28.6% to 46.8% on adipic acid originating in China.) From January to April 2026, China's adipic acid
    May 25, 2026
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    Middle East Tensions Lift Coastal Methanol Prompt and Forward Basis Short Term
    Amplified headwinds including recurring geopolitical risks and severe weather, persistent short-covering demand, plus low inventory at major coastal public storage tanks have cooled broad bearish sentiment and encouraged market participants to hold back cargoes. The basis of both prompt and forward methanol contracts along coastal regions is set to strengthen in the near term.
    Jul 14, 2026
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    Glycerin Imports: April Volume Down, Price Up, June Market Still Under Pressure
    【Introduction】According to?GACC, China's imports of refined glycerol and crude glycerol decreased MoM by 13.80% and 25.77%, respectively, but still increased YoY by 13.70% and 14.01%; average import prices rose both MoM and YoY, with high costs dampening purchasing sentiment. Although downstream consumption was stronger than during the same period last year, cumulative import growth from January to April remained significant, indicating ample supply. It is expected that in June, with weakening cost support and sluggish demand, glycerol prices may come under downward pressure.
    May 26, 2026
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    Corn-Based Ethanol: Diverging Regional Break-Even Trends
    From June to early July, corn prices showed limited fluctuation, while prices for fermented 95% ethanol in most regions first fell and then rose. However, the turning points for corn-based 95% ethanol prices varied by region. Northeast China saw a rebound in early June, while Henan recovered in late June, with Henan's uptrend being relatively faster. Cost pass-through also differed across regions. Henan corn prices declined, while ethanol and DDGS prices posted larger gains, leading to a more noticeable narrowing of losses. In July-August, feedstock corn prices are expected to edge down, but cost pressure on ethanol production will persist. Meanwhile, corn-based 95% ethanol plant maintenance remains concentrated from mid-to-late July through mid-August, so supply-side support will continue.
    Jul 13, 2026
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    Trichloromethane Rises Overall in H1, But Downward Pressure Intensifies in H2
    [Lead] In 2026, the domestic Trichloromethane/chloroform market experienced an overall upward trend, driven by rising costs and robust demand, resulting in high-level price performance. However, in the second half of the year, with the commissioning of new Capacity, the imbalance between supply and demand became more pronounced, further intensifying downward pressure on the market. Since 2026, the price of Trichloromethane has been on an upward trajectory, with the annual market dynamics broadly mirroring previous years: a strong rally in the first quarter followed by sustained high levels in the second quarter. The second-quarter performance was notably stronger than in 2025, and after a sharp price surge in the first quarter, no clear downward inflection point emerged throughout the year. Taking the Shandong region as an example, as of…
    Jun 08, 2026
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