In Middle East, price of Crude oil was assessed higher on May 16, 2016.

In Europe, price of Crude oil was assessed higher by USD 1.14 per barrel on May 16, 2016.

In Rotterdam, price of Styrene Monomer (SM) was assessed lower by USD 5 per metric tonne on May 16, 2016.

In South Korea, price of Styrene Monomer (SM) was reported up by USD 5 per metric tonne on May 16, 2016.

In North West Europe, price of Propylene was decreased by USD 20 per metric tonne on May 16, 2016.

The Indian rupee opened marginally higher by 6 paise on Today.

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

In South East Asia, price of Methanol was reported marginally higher by USD 1 per metric tonne on May 13, 2016.

In Far East Asia/South East Asia, price of Purified Terephthalic Acid (PTA) was reported marginally lower on May 13, 2016.

In South East Asia, price of Monoethylene Glycol (MEG) was reported marginally lower on May 13, 2016.

In Rotterdam, price of Para Xylene (PX) was assessed down on May 13, 2016.

In South East Asia (SEA), price of Para Xylene (PX) was assessed down on May 13, 2016.

In South East Asia (SEA), price of Toluene was reported lower on May 13, 2016.

In Rotterdam, price of Mixed Xylene (MX) was assessed higher on May 13, 2016.

In South East Asia (SEA), price of Mixed Xylene (MX) was declined by USD 5 per metric tonne on May 13, 2016.

In Korea, price of Mixed Xylene (MX) was noted lower by USD 10 per metric tonne on May 13, 2016.

In Japan, price of Benzene was noted lower by USD 5 per metric tonne on May 13, 2016.

In Rotterdam, price of Benzene was recorded lower by USD 15 per metric tonne on May 13, 2016.

In South Korea, price of Benzene was assessed down by USD 5 per metric tonne on May 13, 2016.

Reliance Industries Limited (RIL) has declined its basic price of PP with effect from May 16, 2016.

LG Polymer India Private Limited (LGPI) has declared downward price revision in PS.

Supreme Petrochem Limited (SPL) has announced its downward price revision in PS with effect from May 16, 2016.

Latest Chemical Bulk Prices of Acetone, Aniline, Benzene, Formaldehyde, MEG, Methanol, IPA, EDC, C9 Solvent, MEK, MIBK, Phenol, MMA, Toluene, Acrylonitrile, Acetic Acid, Butyl Acetate, Butyl Cellosolve, BAM, C10, Caustic Soda, Cyclohexane, Cyclohexanone, Ethyl Acetate, Isobutanol, Mix Xylene, MTO, N-Hexane, Octanol, Propylene Glycol, Styrene Monomer, N-Propanol, Chloroform, Butyl Carbitol, Ethyl Acrylate, DMF, MDC, Ortho Xylene, VAM, Laws, Methylene Dichloride, N-butanol, MP Diol, DEG.

Taiwan based Nan Ya Plastics Corporation (NYPC) is likely to restart its Monoethylene Glycol (MEG) unit.

Philippines based JG Summit Petrochemical Group (JGSPG) is planning to resume its polypropylene (PP) unit.