News & Bulletin Updates

8Front-month Ice Brent crude futures prices topped $90/bl today for the first time since October 2014.

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8Selling sentiment in the Asian ethylene market improved Jan. 25 on the back of higher discussion levels, as several operating rate cuts due to higher naphtha prices in the region have led to supply tightness.

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A rise in triethanolamine prices was noted in the Ahmedabad chemical market today.

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Petrochem sources have reported a cut in DINP prices in the Ahmedabad market.

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Diethanolamine prices have increased in the Delhi chemical market.

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A fall in TCE prices was recorded in the Mumbai chemical market today.

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A huge fall in spandex prices was registered in the Delhi market today.

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On January 27, 2022, trading sources reported a fall in phenol prices in the Delhi chemical market.

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Toluene prices have dropped at Hazira.

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On January 27, 2022, the Kandla port witnessed a fall in MP Diol prices.

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On January 27, 2022, acetic acid prices moved higher in the Kandla market.

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Jan 27, 2022: Rise in DEG prices

DEG prices have moved higher at Hazira.

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A drop in butyl acetate prices was noted today, at Hazira. 

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A rise in demand has raised ethylene-dichloride prices at Hazira.

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BGE climbed higher in the Kandla market today.

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8Get a complete roundup of metal price movement today
8Find out which prices have changed

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8The sustainability revolution means that the global polymer industry could change over the next decade
8Find out in which ways

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8Biopolymer producer NatureWorks will open a new headquarters and advanced biopolymer R&D facility

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Jan 25, 2022: Asian price outlook

Get the outlook ahead for
8Naphtha
8MTBE
8Toluene
8Isomer-MX
8Ethanol

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8An earthquake has hit Japan
8And at least one petrochemical plant has shut down

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8Saudi Arabian state-controlled petrochemicals company Sabic has highlighted the "crucial position" of its Geleen complex in the Netherlands, but stopped short of ruling out a possible closure of some capacity as it assesses the site's future

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8If industrial chemical pollution is bad in India, it is worse in Pakistan
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8After declining in 2020, the combined production of US fossil fuels (including natural gas, crude oil and coal) increased by 2% in 2021 to 77.14 quadrillion Btu
8Based on forecasts in the US Energy Information Administration’s (EIA) latest ‘Short-Term Energy Outlook’ (STEO), US fossil fuel production is expected to continue rising in both 2022 and 2023, surpassing production in 2019, to reach a new record in 2023

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8The performance of Dawn Polymers, first thermoplastic elastomer A-share listed company in China, is an example to hold up

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8French president Emmanuel Macron and Eastman Chemical Company board chair and CEO Mark Costa jointly announced Eastman's plan to invest up to $1 billion in a material-to-material molecular recycling facility in France. This facility would use Eastman's polyester renewal technology to recycle up to 160,000 metric tonnes annually of hard-to-recycle plastic waste that is currently being incinerated.
8The plant and innovation center would be expected to be operational by 2025

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