News & Bulletin Updates

The price trend for Caustic soda has been moderate in the Mumbai market over the past few days because of variable imports, according to the importers and traders in the city .

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On Friday, Methanol price went down in  China from $410/ton (CFR) to $399/ton (CFR), SE Asia from $420/ton(CFR) to $415/ton(CFR),

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Naphtha prices rose in Japan from $648/MT to $655/MT (CFR), in Europe from $641/MT to $659/MT (CIF), in Singapore

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On Friday, Crude prices went down in NW Europe from $77.32/bbl to $76.46/bbl (Brent) and in US Gulf from $65.95/bbl to $65.74/bbl (WTI)

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EDC prices remained steady in Far East Asia at $295/MT (CFR), South East Asia at $315/MT (CFR), China at 295/MT (CFR),

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On June 8, 2018, VCM prices remained steady in Far East Asia at $695/MT (CFR), South East Asia at $735/MT (CFR),

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On Friday, PAN prices were steady in SE Asia at $1155/MT, in FE Asia $975/MT, and in China at $975/MT respectively.

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On Friday, Phenol prices were found flat in SE Asia at $1340/MT(CFR), in China $1285/MT(CFR), and in NW Europe 1165 Euro/MT respectively.

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Caustic soda prices went down in South East Asia and North East Asia from $535/MT to $526/MT CFR and $550/MT to $539/MT FOB level,

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Acrylonitrile prices were found unchanged in Asian Market as well as in US Gulf and Europe chemical market on June 08, 2018.

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The price trend for Acrylonitrile (ACN) has been moderate in the Mumbai and Ahmedabad markets over the past few days.

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LG Chem is likely to undertake a maintenance turnaround at its No. 1 caustic soda plant at Yeosu.

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Baltic Gas Chemical Co., Mitsubishi Heavy Industries Engineering, and Haldor Topsoe have signed a tripartite license agreement

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Shanghai Petrochemical, China, is planning to close its Naphtha plant for maintenance. According to the industry based source, the company is planning to shut its plant

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Yisheng Dahua Petrochemical has restarted its No. 2 Purified Terephthalic Acid (PTA) plant following a maintenance turnaround in early June 2018.

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Haldia Petrochemicals Limited(HPL) Located at Haldia in West Bengal is likely to resume production at its cracker and downstream plants following a maintenance shutdown.

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Sinopec Zhenhai Refining and Chemical Company plans to restart its Styrene Monomer (Feedstock of Polystyrene) plant in Zhenhai

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Iran's largest producers, Jam Petrochemical Company (JPC) has scheduled maintenance turnaround at high-density polyethylene (HDPE) and linear low-density polyethylene (LLDPE) plant 

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South Korea's LG Chem has planned to shut its HDPE/LLDPE swing plant for a maintenance turnaround in Yeosu facility. According to the information received  

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Saudi Basic Industries Corporation (SABIC) has recently closed its production facility of low-density polyethylene (LDPE) plant in the UK.

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Ethylene Vinyl Acetate (EVA) prices in Indian market have not undergone any fluctuation and moderate demand conditions prevailed in the market.

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The biggest Chinese producer, Tianye Chemicals has offered Polyvinyl Chloride (PVC) Suspension grade at USD 970/MT on CIF basis in India.

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The demand for Acetonitrile was observed to be positive in the Mumbai and Ahmedabad markets on Monday.

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In the Mumbai market, the price dipped on moderate demand to Rs 129/Kg for Imported Intact from Rs 130/kg excluding GST.

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The demand for Nylon 66 was good in the Indian market from the last few days, according to the market sources in Ahmedabad,

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