News & Bulletin Updates

SP Chemicals is likely to shut down its vinyl chloride monomer (VCM) plant for maintenance. According to information available, the company

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Butyl Cellosolve price was flat in Indian market, and demand was also slow because of need- based buying mainly due to the influence of high international price

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Thailand’s Indorama Ventures Public Co Ltd (IVL) and India’s Dhunseri Petrochem have joined hands to restart a 540,000 MT/year

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Methyl Ethyl Ketone price went down in the Indian market because of season affect and poor buying trends according to the traders in the city.

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On Friday, Crude prices went down in UAE from $74.37/bbl to $73.40/bbl (DME), in US Gulf from $66.89/bbl to $65.06/bbl

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On Friday, Butadiene prices went down in SE Asia from $1730/MT to $1675/MT (CFR), in Rotterdam from $1595/MT to $1490/MT

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n-Butanol prices were found higher in China, SE Asia on Friday, on account of positive demand. Prices in China and SE Asia were observed at around $1050

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On Friday, Propylene prices moved down in India from $1015 to $1010/MT CFR, in Japan from $1075 to $1060/MT FOB, in SE Asia 

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On Friday, Ethylene prices went up in China from $1360 to $1380/MT CFR, in South Korea from $1295 to $1305/MT FOB, in NE Asia 

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On Friday, Methanol price rose in US Gulf from Cent 121.50/Gallon to Cent 123.50/Gallon and in Rotterdam from Euro 392/MT(FOB) to Euro 394/MT(FOB)

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On Friday, DOP had moved up in SE Asia from $1265/MT to $1275/MT in FE Asia from $1135/MT to $1155/MT and in China from $1135/MT

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On Friday,Caustic soda witnessed a steep decline in South East Asia and North East Asia from USD 526/MT to USD 490/MT CFR level 

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On Friday, Acetone price was found flat in SE Asia at $770/MT(CFR) in China at $675/ton(CFR) and in NW Europe

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Kellin Chemicals, a subsidiary of Feixiang Group, is likely to restart an acetone-based isopropanol (IPA) plant following a long shutdown.

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Jilin Petrochemicals is likely to restart its No.1 and No. 2 A acrylonitrile (ACN) units following a maintenance turnaround.A source in China informed that

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Zhong Tian He Chuang a joint venture of Sinopec and China Coal Energy Group, has brought on-stream its polypropylene (PP) plant

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Daicel Industries is in plans to bring on-stream an acetic acid plant after maintenance turnaround.

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Taiwan's Formosa Plastic plans to shut its 1.133 million mt/year caustic soda plants in Mailiao over end June-mid July for annual maintenance,

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Fujian Jialong Petrochemical has shut its Purified Terephthalic Acid (PTA) plant for a maintenance turnaround.

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Acrylonitrile prices were found not to have changed on June 14, 2018. The following prices were recorded : South East Asia -

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Monoethylene glycol prices rose in South East Asia from $965/MT to $970/MT (CFR), in China from $920/MT to $925/MT (CFR)

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On Thursday, Methanol price went up in SE Asia from $421/tonne(CFR) to $426/tonne(CFR) but the price noted no change in  US Gulf

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In South East Asia, prices were assessed steady at the USD 526/MT CFR levels on lacklustre demand. 

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On June 14, 2018, Propylene prices remained steady in Japan at $1075/MT FOB, SE Asia at $1015/MT CFR

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Ethylene prices have moved up in India from $1240 to $1255/MT CFR, in NE Asia from $1360 to $1365/MT CFR

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