News & Bulletin Updates

On April 7, 2016, Styrene price in South Korea was reported down by $10 per metric tonne.

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On April 7, 2016, Propylene price in South Korea was noted significantly higher by $25 per metric tonne.

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OPEC daily basket price on April 7, 2016 was assessed higher at USD 32.63 per barrel.

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China based Sinopec Corporation is planning to shut its monoethylene glycol (MEG) unit for maintenance brief.

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The International Crude Oil price of Indian Basket as assessed by (PPAC) under the Ministry of Petroleum and Natural Gas was dollar 36.71 per barrel on April 7, 2016.

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Indian Oil Corporation Limited (IOCL) has planned to shut its Panipat refinery for maintenance turnaournd on April 22, 2016.

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China based Jiangsu Sailboat Petrochemical (JBP) has delayed the start-up of its new ethylene vinyl acetate/low density polyethylene unit.

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We carry here a round-up of Indian market prices for commodity and engineering polymers across the cities of Delhi, Mumbai, Chennai, Ahmedabad. Ludhiana, Jaipur, Bangalore, Hyderabad and Kanpur. These are latest ruling prices 

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On April 6, 2016, PP (Film) price in Far East Asia was noted to up by $10 per metric tonne.

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On April 6, 2016, PS price in South East Asia was reported downward by $10-20 per metric tonne.

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On April 6, 2016, LLDPE price in Far East Asia and South East Asia was reported upward by $5 per metric tonne.

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On April 6, 2016, LDPE price in Far East Asia and South East Asia was reported to go up by $10 per metric tonne.

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On April 6, 2016, HDPE price in Far East Asia and South East Asia was reported to be up by $10-45 per metric tonne.

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On April 6, 2016, Brent Crude Oil was assessed higher by $1.97 and settled at $39.84 per barrel.

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The International Crude Oil price of Indian Basket as assessed by (PPAC) under the Ministry of Petroleum and Natural Gas was dollar 35.73 per barrel.

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On April 6, 2016, Price of Butadiene (BD) in South Korea was declined by USD 50.

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Naphtha price for Japan on April 6, 2016, shows positive movement by moving up USD 2.5.

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On April 6, 2016, Styrene price in South Korea was noted to down by $10 per metric tonne.

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On April 6, 2016, Propylene price in South Korea declined by $5 per metric tonne.

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The Indian rupee opened lower on Today. It was trading at 66.72 per USD against previous closing of 66.65.

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We carry here a round-up of Indian market prices for commodity and engineering polymers across the cities of Delhi, Mumbai, Chennai, Ahmedabad. Ludhiana, Jaipur, Bangalore, Hyderabad and Kanpur. These are latest ruling prices 

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Platts has revised its PE and PP price with effect from April 6, 2016. The new price assessment is higher at USD 10-15 per metric tonne on a CFR basis.

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The US-based Flint Hills has resumed production in its cracker in early April 2016. According to industry based source, the cracker was offline 

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Japan based Idemitsu Kosan Global has started maintenance work at its Chiba unit on March 24, 2016. 

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Thailand based PTT Global Chemical has resumed its LLDPE Unit on April 5, 2016.

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