Macroeconomics 1. [US PMI] The US S&P Global Manufacturing PMI (flash) rose to 55.7 in June, hitting a high since May 2022; the Services PMI (flash)

Price trend Last week, the vinyl cyanide market bucked the trend and rose, driven by a combination of reduced supply and export demand, which led to

Macroeconomics 1. [Industrial Value Added] National Bureau of Statistics: In May, the value added of industrial enterprises above designated size grew by 4.5% year-on-year in real

Price Trends Supply continued to contract last week as major producers operated at low utilization rates, causing spot market prices to stabilize after halting their decline.

Last week, domestic demand for vinyl cyanide remained sluggish; facing significant sales pressure, some suppliers lowered their quotes across the board. As of June 5,

In early May, driven by rising raw material costs and tightened supply resulting from maintenance shutdowns at certain vinyl cyanide facilities, producers demonstrated a strong

Macroeconomics 1. [Direct Green Power Connection] The National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) have issued a *Notice on Matters Concerning

This week, persistent shortages in overseas supply kept international vinyl cyanide prices at elevated levels, providing continued support for export markets. Domestically, however, consumption continued

Price trend Last week, tight overseas supply persisted, keeping vinyl cyanide export prices at elevated levels and providing continued support for exports; however, domestic demand gradually

During the week, vinyl cyanide prices remained at elevated levels; concurrently, rising propylene prices drove up production costs, resulting in a narrowing of theoretical profit margins

Price trend On March 11, the domestic vinyl cyanide market remained basically stable. Vinyl cyanide prices at East China ports fell, with mainstream self-pickup reference

Market Performance Geopolitical risks remained unresolved last week, leading to a rise in international oil prices and a continuous jump in the price of propylene, significantly

Price trend Following the Spring Festival, the domestic vinyl cyanide market bottomed out and saw a slight rebound in some areas, primarily supported by cost factors.

Price trend The restart of plants that had been shut down for maintenance earlier this week increased market supply. Coupled with the approaching Spring Festival, spot

The petrochemical industry serves as a vital foundation and pillar of the national economy, playing a crucial role in stabilizing economic growth and ensuring energy

Price trend This week, with the commissioning of Yulong Petrochemical's new plant and increased supply in the northern market, coupled with the approaching Spring Festival, spot

Price trend Last week, overall production at East China factories decreased, with one unit at Siba Chemical shutting down and the Jilin Chemical Jiyang plant undergoing

Price trend At the beginning of 2026, the domestic vinyl cyanide market continued the downward trend from the end of the previous year, with the decline further

Price trend Last week, the market news was quiet, and the fundamentals remained weak, with localized inventory pressure. However, there was no expectation of a decrease