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NEWS
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FURFURAL
NEWS - CHINA
* JULY
Penn Speciality Chemicals have initiated a Dumping Investigation
into Imports of THFA into USA from the Peoples Republic of China.
This unnecessary and mischievous act is seen as a further attempt
to disenfranchise legitimate supplies of key chemicals produced
in China for consumers in the USA. Key American customers and
Chinese producers are vigorously defending the case as they
believe it is ill founded and unjustifiable.
The over all Furfural and Derivatives supply situation in China
continues to tighten. Prices are in an upward trend and there
is international support from customers whose policies dictate
two suppliers for key chemical raw materials.
* JUNE
Furfural and Furfuryl Alcohol supply position in China
is tight as raw material shortages and low prices discourage
ongoing production. Huge ocean freight increases on TEU’s
to USA applied by the Shipping Conference.
Bookmark this page for regular
up to the minute reports from local people based in the heart
of the Furfural production region in China.
FURFURAL NEWS - EUROPE
* JUNE
Dumping duty applied to imports of Furfuryl Alcohol into the
EU. For more detailed information and the official
postion, click
here. The local producer who initiated this
dumping case has immediately announced a price increase.
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