"In May, the shortage of empty containers in China's major ports has dropped to 1.3%, which has been effectively alleviated."Mr.Zhao Chongjiu, Vice Minister of the Ministry of transport, said on Jun 24th in response to the recent phenomenon in the international container liner market. Read More

Till June 22, the average quotation price of formic acid enterprises was 2766.67 CNY / ton, which was the same as that of the previous trading day, the same as that of the beginning of the month, and decreased by 0.60% compared with that of May 22. Read More

In recent years, the growth rate of Caustic Soda production capacity in the world has fluctuated from 4% to 6%. In 2012, the global Caustic Soda production capacity has a large expansion, with the capacity growth rate of 9.42%, and the annual capacity increase of about 7.959 million tons. The reason for the big increase may be that the global consumption demand, especially the main Sodium Hydroxide consumer, has been expanding from 2010 to 2011, with the growth rate at a higher level in history, of which, in 2011, China's consumption growth rate was 14.88%. Since 2012, the growth of global Sodium Hydroxide production capacity has slowed down. By the end of 2020, the global caustic soda production capacity has reached 99.95 million tons. Read More

On Jun.22, the quotation of domestic Formic Acid is 2900 CNY / ton. Read More

On Jun.22, the quotation of sodium sulfate anhydrous made in China is 470 CNY / ton. Read More

On June 22, the price of Phosphoric Acid is 6500 CNY / ton. Read More