HCBR Industry Outlook: Low Operating Rate in August 2018

By the end of July 2018, China’s HCBR capacity was 1,432kt/a. 18 producers were selected as samples, including 7 in North China, 4 in East China, 2 in South China, 2 in Northeast China, 2 in Northwest China and 1 in Southwest China.

The operating rate of the HCBR industry averaged at 40.81% in July 2018. That was up 0.05% M-O-M and down 14.92% Y-O-Y. From the perspective of enterprise type, the operating rates at state-owned producers averaged at 58.07%, down 4.63% M-O-M. Those at private ones averaged at 20.73%, up 2.69% M-O-M.

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