News & Bulletin Updates

On Thursday, Methanol price was reported to have remained unchanged  in India at USD 380/MT(CFR), South Korea at USD 423/MT

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On Thursday, PTA prices were assessed steady in SE Asia at $860/MT(FOB), in FE Asia at $840/MT(FOB)  and in India at

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On Thursday, Phenol prices were reported to have remained unchanged in SE Asia at $1300/MT(CFR) in China at 

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In South East Asia, caustic soda price found no change on June 28, with the price at $470/MT on CFR basis on steady demand. 

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The Indian market is highly dependent on imports as there is only one domestic Isobutanol manufacturer. The price of the chemical has been falling

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The demand for Propionic Alcohol was assessed as good in the Indian market, according to market sources, as underlying end use demand was active.

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Acrylonitrile prices increased in the Indian chemical market as a result of which soft buying activity was observed in the market, according to traders. 

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PT Ashima situated at Cilegon, Indonesia, is likely to shut its Vinyl Chloride Monomer (VCM) plant for maintenance. The plant has a production

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Sichuan Petrochemical situated at Sichuan, China has recently restarted its polypropylene (PP) unit. The plant has production

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Demand of Aniline is poor in the market and traders have ample stocks . Aniline traded at Rs. 108/Kg for Imported Tanker Load.

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The demand for Formaldehyde was static in the Indian market, according to market sources, as underlying end use demand was stable.

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Shandong Haili Chemical Industry in Weifang, China is likely to start commercial production at its new Acrylonitrile Butadiene Styrene (ABS)

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Despite moderate demand conditions for Polyoxymethylene (POM) from end-user industries, the price of POM has been on the rise

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Butyl Acrylate Monomer price dipped in the Indian market, and demand was also slow because of need- based buying mainly 

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Located at Chongqing in Sichuan province of China, Sinopec Sichuan Petroleum Company has discontinued its vinyl acetate monomer

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PAN (Phthalic Anhydride) prices have been on a downtrend slide since the beginning of this week because of seasonal affect

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Acrylonitrile prices found no change in International market on June 27, 2018. The following prices were recorded : South East Asia 

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MEG (Monoethylene glycol)  price inched up in SE Asia, China & India, SE Asia from $915/MT to $925/MT CFR, China from $880/MT  to $890/MT CFR

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On June 27, Crude went up in NW Europe from $76.31/bbl to $77.62/bbl (Brent), in US Gulf from $70.53/bbl to $72.76/bbl (WTI)

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On Wednesday, PAN prices were found flat in SE Asia, FE Asia and China at $1135/MT, $905/MT and $905/MT respectively.

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On Wednesday, PET prices went down in South Korea from $1390/MT to $1380/MT (CIF), in SE Asia from $1410/MT

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On Wednesday, DOP price were steady in SE Asia at $1290/MT in FE Asia at $1160/MT and in China at $1160/MT respectively.

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On Wednesday, Polypropylene (Random Copolymer) prices in South Korea were assessed down at $ 1480/MT CIF, a fall of $ 20,

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In South East Asia and North East Asia, caustic soda prices stayed steady on June 27 at $470/MT CFR and $475/MT FOB basis, 

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On Wednesday, Methanol price went up in China price from $394/tonne (CFR) to $398/tonne (CFR) while in Rotterdam the price went down

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