News & Bulletin Updates

India’s spot import prices of C6 metallocene linear low-density polyethylene (MLLDPE) continue to firm up in the week despite subdued

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Fog on the Houston ship channel and throughout the US Gulf Coast continued to create logistics problems this week, prompting one

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Reliance Industries Ltd (RIL) lowered its cracker ethylene run-rates to around 80% of capacity from 100% previously in Jamnagar, Gujarat,

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Asia’s polystyrene (PS) market sentiment is poised to stay firm in the near term due to support from the downstream appliances sector

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SM prices were assessed higher in Asian and European market on Wednesday. Reports of improved demand trends in the 

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Methanol prices inched higher in China this week China prices were assessed up at USD 307/mt CFR, an increase of USD 4/mt 

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Reliance Industries Ltd (RIL)  and Chemplast Sanmar Ltd announced a basic price revision for Polyvinyl Chloride (PVC) with the effect

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Liquid Caustic Soda in Asia are expected to continue rising in the near term on the back of tighter supply caused by turnarounds,

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Formosa Plastics Corp is likely to shut its Ethylene Vinyl Acetate plant located in Mailiao, Taiwan for an annual maintenance turnaround.

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China’s domestic prices of linear low-density polyethylene (LLDPE) are under pressure amid long supply. On Tuesday, traders in south

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China’s Changyi PC is in plans to halt an aromatics plant following a brief turnaround. The company is likely to halt operations at 

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Europe March colourless and mixed coloured polyethylene terephthalate (PET) bottle prices have been agreed at a rollover from February

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China’s acetic acid prices have touched almost one and a half year low and any reversal would depend on the country being able 

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European spot styrene monomer prices remained on an uptrend that started at the beginning of this year Spot prices in Asia, 

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Oil prices rose on Tuesday, lifted by healthy demand and output cuts led by producer group OPEC. A rally in broader financial

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On Monday, Methanol prices stayed steady in South East Asia, Korea, Rotterdam, China and US Gulf on lackluster demand

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Zhejiang Wankai New Materials Co. Ltd has offered Polyethylene Terephthalate (PET) bottle-grade to India for shipment in end-March 2019.

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Southeast Asia’s phthalic anhydride (PA) supply will tighten further in the coming months as several key northeast Asian producers 

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Indian life sciences and fine chemicals major Jubilant Organosys Limited (JOL) plans to shut its ethyl acetate unit following regular 

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CNOOC and Shell Petrochemicals Company (CSPC) is likely to restart its Mono-ethylene glycol (MEG) unit.  The plant was shut 

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PVC prices went down in China market on Monday. Price was assessed at $885/MT in China (CFR), a fall of $5/MT from the last close.

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China’s acetone market may face further downside risks in 2019 after a bearish 2018 due to high inventory levels. On Monday

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Ethylene prices in Asia drifted sharply lower on Monday. Prices tumbled as demand trends continue to remain soft across the Asian

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Toluene prices in the international market witnessed a drop on Monday. FOB Rotterdam prices of toluene were assessed down 

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Oil prices rose on Monday, lifted by Saudi oil minister Khalid al-Falih saying an end to OPEC-led supply cuts was unlikely before June

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