Price wrap-up: Indian and international markets

May 20: Polymer prices in the Indian markets went down today. And, PE and PP prices in the Asian market continued to decline, alongwith the prices of the key feedstocks, Ethylene and Propylene.
 8In the Delhi market, prices of HDPE, LDPE, LLDPE, PVC and PP declined from the previous rates.
 8In the Kolkata market, prices of HDPE, LDPE, LLDPE and PVC dipped from the previous rates.
 8In the Mumbai market, prices of HDPE, LDPE and PP fluctuated from the previous rates.
 8In the Chennai market, prices of HDPE, LDPE, LLDPE and PP fluctuated from the rates last prevailed.
 8In China, the prices remained around the recent rates. (Click on the Details for more information.)   Details

Aromatics price update

May 20: In the Aromatics price information, the following Aromatics are included:
 8Benzene
 8Toluene
  8Xylenes
 8Methanol. (Click on the Details for more information.)   Details

Feedstocks price update

May 20:  In the feedstocks price update, the prices of the following feedstocks are included:
 8Crude Oil
 8Naphtha
 8Ethylene
 8Propylene
 8Styrene Monomer.
 (Click on the Details for more information.)   Details

Briefs I

May 20: 8Engineering service provider, Worley Parsons, has won a contact from the German polymer major, BASF, to set up an Acrylic Acid plant and Super Absorbent Polymer (SAP) plant in China and Brazil for the latter.
 8Indian Oil Corporation Limited (IOCL) is likely to declare its audited financial results for FY12 on May 28,2012. The company has scheduled a Board Meeting on that day for the Directors of the company to consider as well as approve the results.
 8Deepak Fertilizers and Petrochemicals Corporation Limited (DFPCL) has reported a revenue of Rs 1,488.25 crore in FY12 against that of Rs 1139.03 crore in FY11, in its audited financial results declared today. (Click on the Reports section for downloading the results.   Details

Price wrap-up: Indian and international markets

May 17: 8Continuously declining PE and PP prices in the Asian market eventually impacted the Indian pricing structure. Reliance Industries Limited (RIL) has lowered the prices of its HDPE by Rs 2 a kg, LDPE and LLDPE prices by Rs 3 a kg respectively, and PP price by Rs 3 a kg . The price reduction, however, did not impact the market prices in the Indian markets. Prices, today, in the Indian markets assessed were around the recent rates, with minimal fluctuations.
 8PE and PP prices in the Asian market continued to drift downwards in considerable values. Moreover, prices of the key feedstocks, Ethylene and Propylene, in the continent also drifted downwards significantly, indicating strong possibility of imminent down slides of PE and PP prices in the continent.
 8Today, prices of HDPE, LDPE, LLDPE, PVC, and PP deviated from the previous rates in the markets assessed.
 8PE and PP prices also declined considerably in the Middle East market, according to the inputs received from market sources. And, in China, polymer prices were around the recent rates, without significant deviations. (Click on the Details for more information.)   Details

Aromatics price update

May 17: In the Aromatics price information, the following Aromatics are included:
8Benzene
8Toluene 
8Xylenes
8Methanol. (Click on the Details for more information.)   Details

Feedstocks price update

May 17:  In the feedstocks price update, the prices of the following feedstocks are included:
 8Crude Oil
 8Naphtha
 8Ethylene
 8Propylene
 8Styrene Monomer
 8EDC
 (Click on the Details for more information.)   Details

Price wrap-up: Indian and international markets

May 16: Polymer prices in the international markets have exhibited notable downward traversals, but the depreciating INR has posed impediments for the buyers in India in importing polymers from overseas markets. As per the available information, PE and PP prices have declined considerably in the Asian continent alongwith the prices of key feedstocks, Ethylene and Propylene. And, the price movements clearly indicate the possibility of polymer prices declining in India in the near future.
 8In the Delhi market, prices of HDPE, LDPE, LLDPE, PVC, PP and ABS fluctuated from the previous rates.
 8In the Mumbai market, prices of HDPE, LDPE, LLDPE, PVC and PP deviated from the rates prevailed on the previous day.
 8In the Kolkata market, prices of HDPE, LDPE, LLDPE, PV and PP changed from the previous rates.
 8In the Chennai market, prices of HDPE, LDPE, LLDPE, PVC and PP deviated from the previous  day.
 8In China, prices of some grade of PE were reported to be lower in some markets. And, in the Middle East, PE and PP prices declined considerably. (Click on the Details for more information.)     Details

Aromatics price update

May 16: In the Aromatics price information, the following Aromatics are included:
 8Benzene
 8Toluene 
 8Xylenes
 8Methanol. (Click on the Details for more information.)   Details

Feedstocks price update

May 16:  In the feedstocks price update, the prices of the following feedstocks are included:
 8Crude Oil
 8Naphtha
 8Ethylene
 8Propylene
 8Styrene Monomer
 8EDC
 (Click on the Details for more information.)   Details

Briefs I

May 16: 8HPCL-Mittal Energy Limited (HMEL) expects to release its first consignment of PP within this month, an official said when contacted. The company recently inaugurated its refinery, integrated with a 4,40,000 tonne per annum (TPA) of PP unit.   Details

Price wrap-up: Indian and international markets

May 15: PE and PP prices continued to decline in the Asian market. And, Ethylene prices in the continent continued to traverse downward. In India, polymer prices underwent minimal fluctuations.
 8In Delhi, prices of HDPE LLDPE, PVC and PP underwent fluctuations.
 8In the Mumbai market, HDPE, LDPE and LLDPE prices changed from the previous rates.
 8In the Chennai market, LDPE, PVC and PP prices deviated from the previous rates.
 8In the Kolkata market, LLDPE, PVC and PP prices underwent fluctuations.
 8In the Chinese markets, prices remained within the recent rates. And, in the Middle East, PE and PP prices were heard to have declined. (Click on the Details for more information.)   Details