On January 16, it was reported that the National Energy Group Ningxia Coal Industry Company has successfully commissioned its 10,000-ton α-olefin separation unit, achieving full-process integration and a one-time successful trial run. The unit produced polymer-grade 1-hexene with a purity greater than 99% and 1-octene with a purity greater than 98%, extending the coal indirect liquefaction α-olefin industrial chain. This development lays a solid foundation for downstream industries such as polyolefin elastomers and metallocene poly α-olefins.
Chempricehub Analysis:
1-Hexene, Bull-Bear Score: -1
The article reports that the National Energy Group Ningxia Coal Industry Company has successfully commissioned its 10,000-ton α-olefin separation unit and produced 1-hexene with a purity greater than 99%. This increases market supply, potentially intensifying competition and exerting downward pressure on spot prices. Supply expansion typically suppresses prices, representing a generally bearish impact.
1-Octene, Bull-Bear Score: -1
The unit also produced 1-octene with a purity greater than 98%. The release of new production capacity may boost market supply, leading to pressure on spot prices. Increased supply weakens price support, representing a generally bearish impact. Attention should be paid to the potential demand pull from downstream industries such as polyolefin elastomers.