News & Bulletin Updates

Butadiene (BD) prices have been reported to be stable in South Korea, China, South East Asia, Rotterdam, and US Gulf due to steady demand patterns in the region

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Naphtha prices have been registered to move downward in Japan and Europe owing to sluggish demand trends in the region

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Propylene prices continued to move inexorably downwards in North-West Europe owing to inactive demand trends

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Ethylene prices have been reported to move marginally down in North-West Europe while stay unchanged in Asia and US Gulf.

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Butadiene (BD) prices have gone significantly down in China, South Korea, South East Asia, Rotterdam, and the US Gulf on account of the downward in primary feedstock prices.

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Naphtha prices have been registered to move upwards in Japan and Europe on account of increasing buying trends in the respective countries

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Vinyl Chloride Monomer (VCM) prices have been on a downward trend in China, Far East Asia, South-East Asia, and North-West Europe

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Ethylene Dichloride (EDC) prices have been registered to be sharply down in China, Far East Asia, South East Asia, and North-West Europ owing to inactive demand patterns

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Propylene prices are now moving forcefully down Japan, South Korea, China, South East Asia, and India owing to reducing demand patterns

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Ethylene prices have been found to continue to move downward in South-East Asia, North-East Asia, Japan, China, South Korea, India, and US Gulf while remained unchanged in NW Europe

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Reliance Industries Limited (RIL) has declared an incentive scheme for high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE), and low-density polyethylene (LDPE) for March 2020 lifting with a revised slab of APPQ%.

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Monoethylene Glycol (MEG) prices climbed marginally in the Asian region on Thursday. The price gain as buying sentiments reported to have improved in the region.

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Vinyl Chloride Monomer (VCM) prices have been on a downward trend in the US Gulf. The prices went down in the US Gulf from $___/MT to $____/MT (FD)

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Apr 03, 2020: EDC prices fall in US

Ethylene Dichloride (EDC) prices have been registered to be sharply lower by $65/MT in the US Gulf owing to inactive demand patterns.

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Propylene prices have increased slightly in the US Gulf while remaining steady in Asian and European countries on account of stable demand trends in the respective countries.

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Ethylene prices have been found to continue to move down in South-East Asia, North-East Asia, and India while moving slightly down in US Gulf owing to decreasing demand patterns.

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West Bengal-based Haldia Petrochemicals Limited (HPL) has recently stopped activities at its polyethylene (PE), and polypropylene (PP) plant owing to maintenance turnaround.

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Butadiene (BD) prices are coming down frequently in China and South Korea on account of the downward in primary feedstock prices.

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Naphtha prices have been registered to move upwards in Japan and Europe on account of positive buying trends in the respective countries

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Crude oil prices soared Thursday, posting the largest percent increase ever after US President Donald Trump said Russia and Saudi Arabia intended to end their price war by cutting yield.

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Thirumalai Chemicals shut its Phthalic anhydride (PA) plant last week.

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Butadiene (BD) prices went significantly down in China and South Korea on account of the downward in primary feedstock prices.

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Propylene prices are now moving forcefully down South Korea and China as crude oil prices crash.

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Ethylene prices have been found to continue to move down in South-East Asia, North-East Asia, and India owing to decreasing demand.

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The coronavirus episode controlled interest in a very much provided first-quarter European feedstocks showcase, however, the subsequent combination of frail LPG and naphtha costs neglected to pull in purchasers because of the more extensive financial vulnerabilities.

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