Evonik Degussa (China) has taken a Methyl methacrylate (MMA) unit off-stream for a turnaround. According to information received

On Tuesday, Caustic soda prices were steady in South East Asia and North East Asia at $526/MT CFR and $539/MT FOB level, 

Acrylonitrile prices remained constant in Asian Market as well as in US Gulf and Europe chemical markets on June 12, 2018.

Methanol prices remained steady in US Gulf at Cent 121.50/Gallon (FOB), SE Asia at $415/ton(CFR), China at $399/ton (CFR),

Naphtha prices went up in Japan from $653/MT to $656/MT (CFR), in Singapore from $71.04/bbl to $71.53/bbl (FOB), in Rotterdam

On Tuesday, Crude prices rose in US Gulf from $66.10/bbl to $66.36/bbl (WTI), in UAE from $74.29/bbl to $74.79/bbl (DME)

On June 12, 2018, Propylene prices went down in China from $1110 to 1100/MT CFR and in South Korea from $1085 to 1075/MT FOB.

On Tuesday, Ethylene prices went up in India and SE Asia from $1230 to $1240/MT CFR.Prices in South Korea, NE Asia, Japan

On Tuesday, PAN price was found flat in SE Asia at $1140/MT, in FE Asia at $925/MT, and in China at $925/MT respectively.

On Tuesday, Acetone prices remained steady in SE Asia at $765/MT(CFR), in China at $680/ton(CFR), and in NW Europe at 585 Euro/MT respectively.

On Tuesday, Demand for methanol has been down in Mumbai and Ahmedabad Market in the last few days and expected to remain the same

Zagros Petrochemicals has restarted its No.2 methanol plant following a maintenance turnaround.

The demand for n-hexane was assessed as good in the Indian market, according to market sources,  as underlying end use demand is good. 

PBT polymer prices have gone up in Mumbai market, as demand is currently active and in Ahmedabad on stocking issues

Shin-Etsu is likely to complete turnaround at its polyvinyl chloride (PVC) plant located in Kashima, Japan. According to sources,

Formosa Plastics Corporation (FPC) is likely to shut down its ethylene dichloride and vinyl chloride monomer plant in Mailiao.

The price of Polyoxymethylene (POM) had not moved since last week and the demand for this engineering plastic has been moderate in Indian market.

There was satisfactory buying for DBP in the Mumbai market as a result of stable prices.Although the prices are stable, buyers are adopting a need-based procurement strategy.

On Monday, EDC price went up in NW Europe from $250 to 275/MT FOB. Prices in FE Asia, SE Asia, China and US Gulf

On June 11, 2018, Ethylene prices have moved up in China from $1355 to 1360/MT CFR, in South Korea from $1275 to 1295/MT FOB,

On Monday, Butadiene fell in South Korea from $1740/MT to $1720/MT (FOB), in SE Asia from $1745/MT to $1730/MT

On Monday, PTA price rose in SE Asia from $850/MT to $855/MT(FOB), in FE Asia from $830/MT to $835/MT(FOB), and in India from $860/MT to $865/MT(CIF) respectively.

On Monday, Methanol price increased in Rotterdam from Euro 378/MT(FOB) to Euro 384/MT(FOB) but the price remains steady

On Monday, Caustic soda price was found flat in South East Asia and North East Asia at $526/MT CFR and $539/MT FOB level,

On June 11, Crude prices went down in UAE from $74.83/bbl to $74.29/bbl (DME), in India from $74.89/bbl to $74.58/bbl