News & Bulletin Updates

ABS prices journeyed northward in the Asian market on Wednesday. Firmer SM feedstock rates pushed ABS prices higher across the

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Polypropylene prices edged higher in Far East Asia and in some parts of South Asia on Wednesday. The price rise was supported by

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U.S. oil prices edged up on Wednesday to extend gains into a third session, with widely watched data showing signs of tightening supply

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The Asian butadiene market was between stable to weak trading levels as several February cargoes remain unsold. However, sentiment

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Brent and WTI oil prices rose on Tuesday after the U.S. government slapped sanctions on Venezuela's state-owned oil firm PdVSA in 

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Market sentiment for Asian purified terephthalic acid is likely to stay stable to slightly bearish, amid waning downstream polyester

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The Chinese methanol market is likely to be stable this week even with the restart of China's Zhejiang Xingxing New Energy

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ExxonMobil has nominated the February Asian Contract Price for paraxylene at $1,160/mt CFR, up $60/mt from its last nomination

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Benzene international market prices were expected to remain steady, with February DDP pricing hovering in the low 190s cents/gal 

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Looking at the current scenario, the latest offers for the Indian market and factors governing polymers prices, following price revision

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Ethylene supplies were especially tight due to some planned and unplanned steam cracker shutdowns in Europe and the Middle

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Hindustan Organic Chemicals Ltd has announced a downward price revision for Acetone with effect from January 28, 2018.

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Benzene prices were mostly steady from the prior week as crude oil prices were largely stable while supply and demand fundamentals 

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Shandong Hongxu Chemical is in plans to restart a Methyl methacrylate (MMA) plant located at Shandong province in China, following

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US styrene and polystyrene producer America's Styrenics (AmSty) has begun planned works at its St. James, Louisiana, facility. 

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ABS prices found no change on Monday in the Indian market despite strong demand conditions. According to the market sources,

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Hindustan Organic Chemicals Limited (HOCL) has declared an upward price revision for phenol with the effect from January 28, 2019. 

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On Friday, DOP prices at the International level declined at the last close. Demand trends were reported as dull in the region.

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On Tuesday, the price of Acetone was steady on the back of static demand in Northwest Europe, then again, along with the steady price

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State-owned China Petroleum and Chemical Corp, or Sinopec, has settled its January paraxylene contract price at Yuan 8,580/mt, equating 

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Solvent MX prices in Korea went up on Friday. Reports of improved buying sentiments and higher upstream energy values supported 

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Toluene prices journeyed north on Friday in parts of the international market. Prices climbed mainly on account of higher upstream crude 

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Butadiene prices drifted sharply lower in the International market on Friday. The steep price fall was in line with ample product availability

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Methanol price was lower on the back of significant lowering in crude prices in the last few weeks. Asian contract prices were reduced

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PS prices gained in Europe on Friday. Reports of a lift in buying sentiments and higher upstream SM spot values, together helped

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