Chinese market of DCPD appears weak
After the ‘XIANGSHUI’ explosion event, Chinese market of DCPD appears weak status. Also, with the abundant supply of DCPD, some area price is getting lower. And, with the influence of government inspection, DCPD downstream URP factories operation rate is low. (around 40%)
There are also around 8,000MT imported from China Taiwan, Korea.
DCPD supply is sufficient in the near future.