News & Bulletin Updates

In US Gulf, Blow Moulding grade of HDPE was noted up by $10 per metric tonne FAS on April 8, 2016.

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On April 8, 2016, Brent Crude Oil price in Europe was reported up by $2.51 per barrel.

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On April 8, 2016, Naphtha price in Japan was quoted up by $13 per metric tonne.

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On April 8, 2016, Styrene price in South Korea was assessed marginally higher by $5 per metric tonne.

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On April 8, 2016, Propylene price in South Korea was assessed to go up by $5 per metric tonne.

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On April 8, 2016, Ethylene price in North West Europe (NWE) was noted to go up by $25 per metric tonne.

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Taiwan based Formosa Plastics Group (FPC) is planning to start maitenance work at its polyvinyl chloride (PVC) unit for scheduled turnaround in August 2016.

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South Korea based Lotte Chemical has planned to shut its Aromatics Unit for scheduled maintenance on April 10, 2016.

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Taiwan based Fomosa Chemical & Fibre Corporation (FCFC) has started scheduled maintenance at its para-xylene (PX) unit.

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Latest Chemical Bulk Prices of Acetone, Benzene, MEG, Methanol, IPA, EDC, C9 Solvent, MEK, MIBK, Phenol, MMA, Toluene, ACN, Acitic Acid, Butyl Acetate, Butyle Cellosolve, BAM, CX, Caustic Soda, Cyclohexane, Cyclohexane, Ethyl Acetate, Iso Butanol, Mixed-Xylene, MTO, NBA, N-Hexane, Octanol, Propylene Glycol, SM, N Propanol, Chloroform, Butyl Carbitol, Ethyl Acrylate, DMF, MDC, OX, VAM, Laws.

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On April 7, 2016, Methanol price in South East Asia (SEA) was reported to remain unchanged.

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On April 7, 2016, Price of monoethylene glycol (MEG) in South East Asia was declined by USD 10 per metric tonne.

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On April 7, 2016, In South Korea, price of Para- Xylene was reported to go up by $5 per metric tonne.

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

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On April 7, 2016, Benzene price in Rotterdam was reported to go up by $10 per metric tonne.

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In North West Europe, price of LDPE (Film) was reported higher by $20 per metric tonne.

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On April 7, 2016, Brent Crude Oil in Europe was assessed lower by $0.41.

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In US Gulf, price of Injection Moulding grade of HDPE was quoted up by USD 35 per metric tonne to USD 1140 per metric tonne FAS.

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On April 7, 2016, Price of Vinyl Chloride Monomer (VCM) in Far East Asia was reported to go up by USD 5 per metric tonne to USD 635 per metric tonne.

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On April 7, 2016, Price of Ethylene Dichloride (EDC) in North West Europe (NWE) was reported to go up by USD 45 per metric tonne.

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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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