DCPD status in May 2019 of China

DCPD price kept going down in May 2019 in China. The main reason is as follows

1 The ethylene maintain is not much in this year, the DCPD cracker supply is abundant.

2 From Jan to Apr, 2019, the imported DCPD is around 12,000MT, it has some market competition.

3 With the strict environmental protection policy, the downstream facilities operation rate is limited, specially UPR which DCPD is the raw material.