According to PUdaily, owing to the strong demand the PUDs market in Europe and America is projected to grow by 30% in 2022. With a combined market share of 20% in Europe and the United States, ZARA and H&M plan to replace solvent-based synthetic leather with water-based synthetic leather for use in their apparel this year and next year, respectively...
July Market Review: After experiencing a small rebound in June, China MMDI market continued the downward trend in July. As of August 1, the mainstream offers of MMDI in China are around CNY 19,800-20,500/tonne, a decrease of CNY 2,500-3,000/tonne (11~13%), compared with CNY 22,800-23,000/tonne in early July...
Traditionally, July has been an off season for the domestic PMDI industry. This year, the complicated and challenging internal and external environment put additional downward pressure on the PMDI market, which can be seen from the falling PMDI prices. They fell from CNY 17,500-...
Resumption of normal production and economic recovery were expected when lockdown measures were lifted in Shanghai. However, things have gone athwart, with prices for core products in the resin industry beginning to plummet in the second half of June. The reasons can be found in supply, demand, product characteristics, and manufacturers’ mentalities...
Japanese automobile industry started early and has a history of more than 100 years. And Japan's auto industry is of great importance in the world in terms of its size......
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