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In South East Asia, prices were assessed steady at the USD 470/MT CFR levels. In North East Asia too, prices were flat at USD 475/MT FOB levels 

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On Wednesday, Phenol prices found no change in SE Asia $1260/MT(CFR) in China at $1230/MT(CFR) and in NW Europe

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On Wednesday, Methanol price witnessed a sharp decline in Rotterdam at Euro 373/MT(FOB) to Euro 357/MT(FOB) 

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On Wednesday, Crude prices went up in NW Europe from $77.76/bbl to $78.24/bbl (Brent), in India from $75.17/bbl to $75.62/bbl

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SM prices in Asian Market on Wednesday gained ground. In Asia, SM prices on Wednesday were at USD 1320/mt FOB Korea levels

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Jul 05, 2018: PET declines globally

Despite higher PTA and MEG (feedstock of PET) values, PET bottle grade prices declined in Asian market. The price fall was on the back of bearish

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

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The demand for polybutylene terephthalate was moderate and prices remained steady in the Indian market

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The demand for n-hexane is moderate to weak across major trading hubs in India. A Mumbai based trader told the website that,

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The prevailing demand for the PTA material is strong in Indian markets. Traders expect further strengthening of the demand in the near future

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

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Mumbai prices of Benzene were assessed up at Rs 61/ltr, a rise of Rs 3/ltr for Domestic Repack from Monday’s assessment. 

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Crude oil right now looks red hot which created a lot of uncertainties in the global market. This instability had adversely affected

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Maleic Anhydride demand is low in the indian market as buyers are not so much interested in purchases and suppliers too are not keeping much

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In South East Asia, caustic soda price found no change on July 03, with the price at $470/MT on CFR basis on steady demand. 

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On Tuesday, Acrylonitrile prices remained steady in South East Asia at- $2150/MT CFR, in FE Asia - $2165/MT, MED and US Gulf prices 

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On Tuesday, The MEG (Monoethylene glycol) price witnessed a marginal decrease in SE Asia from $940/MT to $935/MT

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On Tuesday, Propylene prices went up in South Korea from $1045 to 1055/MT FOB while marginally declining in US Gulf 

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On July 3, 2018, Ethylene prices in India and SE Asia were assessed at $1275/MT CFR, a gain of $10/MT while in NE Asia, 

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On June 04, PS prices went down in US Gulf from $1510/MT to $1485/MT (FAS) for GPPS, from $1595/MT to $1570/MT (FAS) for HIPS

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On Tuesday, Acetone prices went down in SE Asia from $750/MT to $695/MT, in China from $650/MT to $595/MT

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On Tuesday, Methanol price witnessed a decline in China price from $394/tonne (CFR) to $402/tonne (CFR) but the price remained stable

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On Tuesday, Crude prices went up in NW Europe from $77.30/bbl to $77.76/bbl (Brent), in US Gulf from $73.94/bbl to $74.14/bbl

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On Tuesday, PTA price found no change in SE Asia at $865/MT(FOB), in FE Asia at $850/MT(FOB) and in India at $865/MT(CIF).

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FOB Korea prices of SM were assessed up at the USD 1310/mt levels, a rise of USD 5/mt from Monday’s assessed levels.

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