News & Bulletin Updates

There is a satisfactory demand for Butyl Acetate (BA) in the Indian market as a result of price declines. The price had been bearish in the Asian market.

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All India Motor Transport Congress (AIMTC) strike beginning July 20 adversely affected the polymer market in India mainly in Mumbai,

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The domestic price for Propylene Glycol (PG) declined on sluggish demand within the country. The demand for PG has been weak this week while the market price

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Taiwan’s Formosa Plastics Corp (FPC) plans to shut its Methyl methacrylate (MMA) plant in Mailiao in mid-August 2018 for maintenance.

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Chandra Asri Petrochemical plant situated in Jakarta, Indonesia had completed its production expansion project.  After beginning shutdown

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Styrene Monomer (SM) prices fell on the back of a week on week on account of sluggish demand pattern.

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On July 23, Propylene prices in NW Europe were assessed at Euro 1085-1090/MT (FD/CIF), an increase of 5 Euro, in India at

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On Monday, Ethylene prices went down in NW Europe and US Gulf because of weaker upstream energy cost and softer regional buying sentiments.

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CFR China of MEG were assessed flat at the USD 905/mt levels while CFR South East Asia prices of MEG were also assessed steady at the USD 940/mt levels.

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Despite strong global cues, methanol prices slipped in China yesterday day. The price fall was supported by poor regional buying trends.

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On Monday, Crude oil prices edged lower in Europe and US Gulf as the attention shifted to the risk of oversupply, with

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On Monday, PTA prices remained steady in SE Asia at  $865/MT(FOB), in FE Asia at $850/MT(FOB), and in India at

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On Monday, Butadiene prices went up in US Gulf because of strong regional demand coupled with bullish cues from the Asian markets.

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On Monday, PAN prices stayed steady in SE Asia at $1045/MT, in FE Asia at $915/MT and, in China at $915/MT respectively.

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C10 Solvent prices exuded a fairy positive progress. According to the information received from a trader in Gujarat 

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Czech petrochemicals producer Unipetrol is complete the construction of its new 270 KTPA capacity high-density polyethylene unit

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EVA prices were not likely to undergo any major change in the Indian market as the demand for the raw material remained stable.

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The demand for Acetone is stable in the main trading hubs within India, mainly Ahmedabad and Mumbai. As a consequence of moderate demand,

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On July 20 , 2018,in Far East Asia and, South East Asia prices were found unchanged at $2205/MT and $2195/MT CFR levels. In US Gulf and 

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On Friday, Butadiene prices rose in SE Asia from $1570/MT to $1600/MT (CFR), in South Korea from $1645/MT to $1685/MT (FOB)

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On Friday, Crude prices went up in NW Europe from $72.58/bbl to $73.07/bbl (Brent), in UAE from $70.55/bbl to $71.53/bbl (DME)

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PX prices in the International market were assessed higher on Friday, FOB Rotterdam and FOB US Gulf prices of PX were assessed up

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Despite weaker upstream energy costs, and bearish downstream PP demand and price trends, propylene prices bounced

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South East Asia and North East Asia prices of Caustic Soda were assessed up at the USD 419/mt CFR  and USD 429/mt FOB levels, 

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Ortho-Xylene prices were found higher in South Korea and South East Asia. The prices recorded were: CFR SE Asia - USD 890/ton 

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