News & Bulletin Updates

The demand for Mineral Turpentine Oil (MTO) was assessed good in the Indian market, according to market sources,  as underlying end use demand is good. 

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China-based Tianjin Soda has restarted it's acetic acid plant, According to information received from reliable sources the company has resumed operations

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TPC, The Polyolefin Company (Singapore) Pte Ltd has planned to take offline its low density polyethylene (LDPE) unit for a scheduled 

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In South East Asia, caustic soda price found no change on June 07, with the price at $535/MT on CFR basis on steady demand. 

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On Thursday, Naphtha prices went up in Europe from $638/MT to $641/MT (CIF) but the price went down in Japan from $654/MT to $648/MT (CFR)

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South Korea-based Daelim Industrial Co., Ltd. is planning to close its high density polyethylene (HDPE) production facility for a brief maintenance  

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On Thursday, Methanol price incremented  in Rotterdam from Euro 351/MT(FOB) to Euro 365/MT(FOB)  but the price noted no change

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On June 7, Crude prices rose in NW Europe from $75.36/bbl to $77.32/bbl (Brent), in US Gulf from $64.73/bbl to $65.95/bbl (WTI), in India

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Propylene prices have been moved up in US Gulf from Cent 43.75 to 45/Pound FD.Prices in India, Japan, SE Asia, China and South Korea 

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On June 7, 2018, Ethylene prices went up in India from $1220 to $1230/MT CFR, SE Asia from $1220 to $1230/MT CFR, NE Asia

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Acrylonitrile prices were found unchanged in Asian Market as well as in US Gulf and Europe chemical market on June 07, 2018.

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On Thursday, PTA price was found flat in SE Asia at $845/MT(FOB) in FE Asia at $830/MT(FOB) and in India at $850/MT(CIF)

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On Thursday, Acetone price found no change in SE Asia at $765/MT, in China at $680/ton and in NW Europe at 585 Euro/MT respectively.

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The price trend for DMF has been moderate in the Mumbai and Ahmedabad  market over the past few days, according to 

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Brunei Methanol Company Sendirian Berhad (BMC) has taken emergency shutdown at its methanol plant early this week.

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VAM prices were reported to have gone down in the major chemical markets in India, amid prevalence of moderate demand conditions in last 10 days

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

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Yancheng Super Chemical Technology Co.. Ltd. (Super Chemical) has recently shut its IPA plant for a brief maintenance period.

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Isopropyl Alcohol (IPA) values were pushed down in the Indian chemical market on soft buying activity In Mumbai, IPA prices went down 

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Despite stronger upstream propylene values, Polypropylene prices increased in the Indian market as major producer, RIL, and IOCL, 

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Bhansali engineering Polymer Limited (BEPL) is planning to close its maintenance work for ABS plant. According to industry based source,

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China based Jilin Petrochemical Company is planning to restore its production facility of methyl isobutyl ketone (MIBK) plant after completing its turnaround.

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In the Mumbai market, there are expectation of the price going down. An MEK item manufacturer in Mumbai told this website that the price is likely to go down.

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Polystyrene prices were on an upswing in Indian market as the price of the key feedstock- Styrene Monomer (SM) - increased in International market

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On Wednesday, Crude prices went down in NW Europe from $75.38/bbl to $75.36/bbl (Brent), in US Gulf from $65.52/bbl to $64.73/bbl

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