News & Bulletin Updates

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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On Friday, DOP prices found no changes globally in SE Asia at $1275/MT, in FE Asia at $1125/MT and in China at

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On Friday, CFR India prices of methanol were assessed down at the USD 380/MT CFR India levels, a week on week slide of Cent 5/MT.

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Ethylene prices fell on the back of a week on week decline in upstream crude and naphtha prices with bearish downstream 

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On Friday, Acetone prices were found stable in SE Asia at $705/MT, in China at $595/ton and in NW Europe at

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EDC (Ethylene Dichloride) as underlying end use demand was slow. EDC prices were down in the Mumbai from Rs 36/Kg to 34/Kg and Rs 

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The price of Dimethylformamide (DMF) went down in the Mumbai market  cheaper imports and put downward price pressures

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Polypropylene prices went down in Indian market due to sluggish demand condition. India’s PP producer such as RIL, IOCL, and HMEL 

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Shaanxi Changqing Energy has had an unplanned shutdown at its methanol plant. According to information received from a reliable

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Butyl Acrylate Monomer prices in India are not likely to undergo any major change in the near term as demand for the raw material

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DOP prices in India are not likely to undergo any major change in the near term as demand for the raw material is expected to remain stable

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Hanwha Total, a 50-50 joint undertaking between South Korea’s and France’s Total situated at South Korea, is planning to raise its

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Vinyl Acetate Monomers (VAM) demand in India has started showing signs of softening  in major hubs in India,

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Aniline prices remained steady in Indian market due to soft demand pattern. Feedstock phenol prices were also noticed stable

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Petrotemex situated in Altamira, Mexico, is planning to restart its Purified Terephthalic Acid (PTA) unit in end of August 2018

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Moderate demand conditions for commodity plastics noticed in the Indian market and the prices remained stable in this week.

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The demand for Formaldehyde was assessed good in the Indian market, according to market sources, as underlying end use demand is active.  Please click on Details for more

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Isobutanol prices have been declining in the Indian market over the past few days, so much so that this is seriously impacting the profit margins of importers in the country

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Excessive stocks and dull demand conditions have resulted in prices of DBP slipping in the major chemical markets in India.

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Celanese Corporation has planned a shutdown of its Methanol plant owing to shortage of feedstock. According to information received

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Benzene prices were found flat in Indian market. The following prices were recorded: Delhi Rs 51.60/ltr for Imported Repack,

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On July 19, 2018, in Far East Asia and South East Asia prices were found stable at $2205/MT and $2195/MT CFR levels. In US Gulf and Europe

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On Thursday, Polypropylene (Random Copolymer) price remained steady in South Korea at $1480/MT(CIF), in Singapore

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