The US propylene industry is poised to see continued healthy production rates from domestic propane dehydrogenation production heading

The US propylene industry is poised to see continued healthy production rates from domestic propane dehydrogenation production heading

Polypropylene prices went down in Asia on December 12, 2018. In FE Asia, Injection Moulding and Raffia were assessed at $1030/MT CFR, 

Reliance Industries Limited (RIL) has announced a downward price revision for MEG with effect from Saturday, December 1, 2018.
According to a reliable source, the company cut the price of MEG down by Re 1.30/kg basic. The current basic price is Rs 55.10/kg.

Despite weaker regional demand trends, butadiene prices remained unchanged in the International market on Thursday.

Located in  Carville, Louisiana, US CosMar has delayed the restart of its Styrene Monomer (SM) plant for maintenance until the middle of December. Originally, the plant was expected to return to full production around 20 October.

Located in Labuan Island province, Malaysia, Petronas has delayed the restart it is methanol plant which was shut for maintenance.

Chemical players in India are wary of the rupee's sharp depreciation, which is fueling price spikes in the domestic market. 

The demand for Diethylene glycol was moderate and prices have remained steady for the last one week in the Indian market.

Bis Phosphoric Acid prices climbed in Asia due to strong buying trends and tight regional product availability.

Hengli Petrochemical Industry has restarted its No 1 Purified terephthalic acid (PTA) unit following a planned shutdown.

CFR China of MEG were assessed flat at the USD 940/mt levels while CFR South East Asia prices of MEG were also assessed steady at the USD 970/mt levels.

PX prices in International market were assessed higher on Tuesday. Prices gained mainly on account of a rise in PX values in the market.

FOB Korea prices of PX were assessed up at the USD 1000/mt levels, a rise of USD 5/mt from previous assessed levels. In Asia, PX prices were up at the USD 1025/mt CFR SE Asia levels, a gain of USD 10/mt from USD 1015/mt and in US Gulf at USD 980, an increase of USD 10/mt from USD 970/mt, while FOB Rotterdam PX prices were found down at USD 960/mt, a fall of USD 10/mt from USD 970/mt levels.

There is satisfactory demand for Acetone in the Mumbai market as a result of stability in prices buyers however are adopting a need based

The demand for Styrene Monomer (SM) is good from the resin and paint industries, according to the market sources.

Mumbai styrene prices were assessed at Rs 112/kg for imported repack, Ahmedabad prices at Rs 115/kg for Imported repack and in Delhi at Rs 113/kg respectively. Producers are increasing their Ex-work prices on week- on- week basis.

Ortho-Xylene prices were found higher in South Korea and South East Asia. The prices recorded were: CFR SE Asia - USD 870/ton and CFR South Korea - USD 870/ton, while Rotterdam OX prices were found stable last week.

Prices have stayed steady in the market. Click on Details for a weekly summary of price movements.

On Monday, Crude prices went down in NW Europe from $75.55/bbl to $74.73/bbl (Brent), in US Gulf

The price in Mumbai was registered at Rs 132/Kg for Imported Intact