News & Bulletin Updates

Despite stronger upstream propylene values, Polypropylene prices increased in the Indian market as major producer, RIL, and IOCL, 

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Bhansali engineering Polymer Limited (BEPL) is planning to close its maintenance work for ABS plant. According to industry based source,

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China based Jilin Petrochemical Company is planning to restore its production facility of methyl isobutyl ketone (MIBK) plant after completing its turnaround.

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In the Mumbai market, there are expectation of the price going down. An MEK item manufacturer in Mumbai told this website that the price is likely to go down.

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Polystyrene prices were on an upswing in Indian market as the price of the key feedstock- Styrene Monomer (SM) - increased in International market

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On Wednesday, Crude prices went down in NW Europe from $75.38/bbl to $75.36/bbl (Brent), in US Gulf from $65.52/bbl to $64.73/bbl

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On June 6, PET prices fell in SE Asia from $1400/MT to $1375/MT (FOB), in NE Asia from $1390/MT to $1350/MT (FOB)

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In International chemical market, Acrylonitrile prices were found flat on June 06, 2018. The following prices were recorded: South East Asia 

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Monoethylene Glycol prices were found flat in Europe, South East Asia, China and India on June 06, 2018. The following prices were recorded: South East Asia - $955/MT CFR

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In South East Asia and North East Asia, caustic soda prices stayed steady on June 06 at $535/MT CFR and $550/MT FOB basis, 

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On June 6, 2018, Polypropylene (Block Copolymer) prices went down in Bangladesh from $1350 to $1340/MT (CFR), in Thailand 

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On June 6, 2018, Polypropylene (Random Copolymer) prices went down in South Korea from $1470 to $1460/MT (CIF), in Singapore

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On Wednesday, PAN prices were assessed steady in SE Asia at $1155/MT in FE Asia at $975/MT, and in China at $975/MT respectively.

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On Wednesday, Methanol price fell in SE Asia from  $423/ton(CFR) to $420/ton(CFR) but the price noted no change in Rotterdam at

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On Wednesday, DOP price was found flat in SE Asia at $1285/MT in FE Asia at $1175/MT, and in China at $1175/MT respectively.

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Acrylonitrile prices were found flat in US Gulf, FE Asia, Europe and South East Asia on June 05, 2018. 

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Naphtha prices went down in Japan from $668/MT to $656/MT (CFR) and in Europe from $655/MT to $645/MT (CIF)

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On Tuesday, Methanol prices went down in  Rotterdam from Euro 352/MT(FOB) to Euro 351/MT(FOB) while the price were constant

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On Tuesday, Crude prices rose in NW Europe from $75.29/bbl to $75.38/bbl (Brent), in US Gulf from $64.75/bbl to $65.52/bbl

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Propylene prices went down in China from $1120 to $1110/MT (CFR) and in South Korea from $1090 to $1085 (FOB).

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On June 5, 2018, Ethylene prices in North East Asia were reported to have gone down by $10 to $1345 per metric tonne CFR,

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On Tuesday, Phenol prices noted no change in SE Asia at $1325/MT(CFR), in China $1270/MT(CFR) and in NW Europe at 1165 Euro/MT respectively.

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In South East Asia, caustic soda price found no change on June 05, with the price at $535/MT on CFR basis on steady demand. 

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

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Acrylonitrile prices increased  were found increases in US Gulf, FE Asia, and SE Asia on June 04, 2018.

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