News & Bulletin Updates

The Asian petrochemical market is likely to remain steady with a number of market participants engaged in term contract negotiations this week

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A suddenly downward adjustment in styrene monomer prices was noticed in the Indian market, after a rise in prices in the previous 

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Fujian Refining & Petrochemical (FREP) is in plans to restart its butadiene (BD) unit located in Fujian province, China, following a maintenance

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Reliance Industries Limited (RIL) has announced a downward price revision for Mixed Xylene (MX) with effect from December 17, 

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The Indian Rupee on Tuesday opened 23 paise up against USD on account of some selling in American currency by banks and exporters and a sharp

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The most actively traded Jan methanol futures contract (MA1901) opened 4 yuan/mt higher at 2,508 yuan/mt and fluctuated to 2,497

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The rapidly growing use of methanol in energy applications such as automotive fuel, marine fuel, dimethyl ether, biodiesel, and others is

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Phenol prices went down in NW Europe on December 17, 2018. Prices in NW Europe were assessed at Euro 1075/MT, a decline of 

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On Monday, prices of Acetone edged higher in the China and NW Europe market on the back of improved buying trends in the region 

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Propylene prices went down in NW Europe on December 17, 2018, because of dull buying segment in the region. Prices in NW Europe

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Ethylene prices gain momentum in NE Asia, SE Asia, and NW Europe on December 17, 2018. Prices in NE Asia were registered at

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Benzene prices drifted lower in the USA and European market on Monday. US benzene prices were likely to remain soft in the 

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Toluene prices adjusted downwards internationally. The price fall was on the back of lackluster buying trends in the market coupled 

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Crude oil prices slipped on Monday amid concerns over demand in the wake of weaker growth in major economies, while US oil markets

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Despite softer regional buying interest, butadiene prices were assessed steady in NW Europe and US Gulf on Monday. Spot CIF US Gulf prices were assessed

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Zhejiang Wankai New Materials Co. Ltd has offered Polyethylene Terephthalate (PET) bottle-grade to India for shipment in January 2019.

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Supreme Petroleum Ltd (SPL) has announced a basic price revision for Polystyrene (PS). According to the information received, GPPS and HIPS

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Expanded capacity and, weak demand, have contributed to the limited liquidity seen on the week with pricing reaching the lowest level in

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Global Crude oil forecast highlights:

Brent crude oil spot prices averaged $65 per barrel (b) in November, down $16/b from October, the largest monthly average price decline since December 2014.

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Spot PA prices plummeted in the European market. Sluggish demand trends pushed PA rates in European market sharply lower. China

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ACN (Acrylonitrile) prices adjusted downwards in the International market on Friday. The steep fall in the crude values in the

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Ortho-Xylene prices drifted lower in the International market. Reports of sluggish regional demand sentiments pushed the price 

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SM prices climbed internationally last week. Firmer upstream crude rates, constrained product avails and improved buying sentiments

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On Friday, EDC prices remained steady in FE Asia, SE Asia, China, NW Europe, and US Gulf. Prices in FE Asia and China were 

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Propylene prices gained momentum in Asia region on December 14, 2018. The price rise was triggered by higher upstream 

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