News & Bulletin Updates

Norway's Equinor, formerly known as Statoil, said that a turnaround at its Tjeldbergodden methanol plant has been carried out

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Haldia petrochemical Limited (HPL) located in Haldia in West Bengal, has a 330ktpa HDPE plant, a 370ktpa HDPE/LLDPE 

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Formosa Plastics Corp (FPC), in Ningbo China is planning to shut the EVA plant for a maintenance turnaround.

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Caustic soda demand is sluggish in India and this has skewed the market dynamics, favouring a fall in prices for the chemical in India.

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Sinopec Yizheng Chemical Fiber in Jiangsu, China restarted its Purified Terephthalic Acid (PTA) unit on June 19,2018.

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Acrylonitrile prices were found unchanged in Asian Market as well as in US Gulf and Europe chemical market on June 20, 2018.

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On Wednesday, PET prices fell in NE Asia from $1380/MT to $1370/MT (FOB), in SE Asia from $1430/MT to $1410/MT

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On Wednesday, Methanol price went down in Rotterdam from Euro 389.50/MT(FOB) to  Euro 383/MT(FOB), SE Asia from $426/tonne(CFR) to $424/tonne(CFR),

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On Wednesday, Crude prices rose in US Gulf from $65.07/bbl to $66.22/bbl (WTI), in UAE from $72.18/bbl to $72.91/bbl

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On Wednesday, Polypropylene (Random Copolymer) remained steady in South Korea at $1500/mt CIF, in Singapore at $1430/mt CIF,

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Monoethylene glycol prices went down in South East Asia from $970/MT to $935/MT (CFR), in China from $925/MT

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On June 20, 2018, Polypropylene (Block Copolymer) prices went down in Pakistan from $1370 to 1365/mt CFR.Prices in Thailand

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In South East Asia, prices were assessed steady at USD 490/MT CFR levels. In North East Asia too prices were flat 

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On Wednesday, Phenol prices went down in SE Asia from $1340/MT to $1315/MT(CFR) in China from $1275/MT to $1260/MT(CFR)

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On Wednesday, Acetone prices went down in SE Asia from $770/MT to $760/MT(CFR) in China from $675/ton to $660/ton(CFR)

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China's Jilin Petrochemical Company has recently resumed its production facility of high-density polyethylene (HDPE) plant in   

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MDC prices inched up 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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Jilin Petrochemicals in Jilin China, restarted its ACN(Acrylonitrile) plant on June 16, 2018. The plant was shut for maintenance on May 8,2018. 

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Malaysia's Petronas Chemicals is expected to restart its 1.7 million mt/year No. 2 methanol plant at Labuan around midday

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The Ethylene Vinyl Acetate (EVA) trading atmosphere in major polymer hubs in India has been active, pushing

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This week the demand for Cyclohexanone in Indian markets has been moderate. A trader told the website, "Moderate demand persists for aromatics coupled with sluggish demand for its end product ".

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Ethyl Acetate (EA)  prices have risen sharply on the back of higher feedstock costs and tighter supply, according to an assessment by

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Jun 20, 2018: FREP restart PP plant

Fujian Refining and Petrochemical (FREP) located in Fujian, China, has restarted its Polypropylene plant. According to the information 

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Huajin Chemicals in  Liaoning province of China is planning to restart its Acrylonitrile Butadiene Styrene (ABS) plant on

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On Tuesday, Methanol price went down in Rotterdam from Euro 394/MT(FOB) to  Euro 389.50/MT(FOB) and prices were assessed flat

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