News & Bulletin Updates

On July 25, 2018, Propylene prices in NW Europe were assessed at Euro 1075-1080/MT (FD/CIF), a slide of 10 Euro

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On Tuesday, Phenol prices went down in SE Asia from $1230/MT(CFR) to $1215/MT(CFR), in China from $1230/MT(CFR)

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In South East Asia, caustic soda price found no change on July 24, with the price at $419/MT on CFR basis on steady demand. 

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On Tuesday, Acetone prices remained steady in China at $595/ton(CFR), in NW Europe at 605 Euro/MT while in SE Asia prices went down

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On Tuesday, Ethylene prices in NW Europe were assessed at $1210/MT CIF, a gain of $10 while in India and SE Asia,

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The market price of Phenol at various trading hubs in India have declined due to stock build-up and weak demand conditions.

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In the International market, Acetonitrile prices found no change in steady demand on July 23, 2018, with prices in  FE Asia at $2205/MT CFR,

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Maleic Anhydride buyers are interested in purchases but suppliers are may be running out of stock in their godowns, because of 

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Petroliam Nasional Berhad (Petronas) plant, situated in Kateh, Malaysia, has shut down its naphtha cracker in the first week

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There is a satisfactory demand for Butyl Acetate (BA) in the Indian market as a result of price declines. The price had been bearish in the Asian market.

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All India Motor Transport Congress (AIMTC) strike beginning July 20 adversely affected the polymer market in India mainly in Mumbai,

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The domestic price for Propylene Glycol (PG) declined on sluggish demand within the country. The demand for PG has been weak this week while the market price

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Taiwan’s Formosa Plastics Corp (FPC) plans to shut its Methyl methacrylate (MMA) plant in Mailiao in mid-August 2018 for maintenance.

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Chandra Asri Petrochemical plant situated in Jakarta, Indonesia had completed its production expansion project.  After beginning shutdown

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Styrene Monomer (SM) prices fell on the back of a week on week on account of sluggish demand pattern.

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On July 23, Propylene prices in NW Europe were assessed at Euro 1085-1090/MT (FD/CIF), an increase of 5 Euro, in India at

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On Monday, Ethylene prices went down in NW Europe and US Gulf because of weaker upstream energy cost and softer regional buying sentiments.

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CFR China of MEG were assessed flat at the USD 905/mt levels while CFR South East Asia prices of MEG were also assessed steady at the USD 940/mt levels.

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Despite strong global cues, methanol prices slipped in China yesterday day. The price fall was supported by poor regional buying trends.

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On Monday, Crude oil prices edged lower in Europe and US Gulf as the attention shifted to the risk of oversupply, with

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On Monday, PTA prices remained steady in SE Asia at  $865/MT(FOB), in FE Asia at $850/MT(FOB), and in India at

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On Monday, Butadiene prices went up in US Gulf because of strong regional demand coupled with bullish cues from the Asian markets.

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On Monday, PAN prices stayed steady in SE Asia at $1045/MT, in FE Asia at $915/MT and, in China at $915/MT respectively.

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C10 Solvent prices exuded a fairy positive progress. According to the information received from a trader in Gujarat 

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Czech petrochemicals producer Unipetrol is complete the construction of its new 270 KTPA capacity high-density polyethylene unit

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