News & Bulletin Updates

On April 29, 2016, Propylene price in South Korea was reported to remain unchanged.

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On April 29, 2016, Ethylene price in North East Asia (NEA) was reported to remain unchanged.

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On April 29, 2016, Ethylene price in North West Europe was noted higher by USD 30 per metric tonne.

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Russia based Yamal LNG has signed a loan agreement with two Chinese bank after more than a year of discussion with its majority shareholder targeted by US sanctions.

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OPEC daily basket price on April 28, 2016 was assessed higher.

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On April 28, 2016, Styrene Monomer (SM) price in South Korea was assessed higher by USD 5 per metric tonne.

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The International Crude Oil price of Indian Basket as reported by (PPAC) under the Ministry of Petroleum and Natural Gas was noted at USD 43.86 per barrel.

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On April 28, 2016, price of Brent Crude Oil in Europe was assessed marginally higher by USD 0.96 per barrel.

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On April 28, 2016, price of GPPS and HIPS in North West Europe was reduced by USD 10 per metric tonne.

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On April 28, 2016, price of GPPS and HIPS in US Gulf was decreased by USD 25 per metric tonne.

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On April 27, 2016, Naphtha price in Japan was reported up by USD 16 per metric tonne.

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On April 28, 2016, Propylene price in South Korea was assessed higher by USD 5 per metric tonne.

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GAIL (India) Limited has been seeking to swap some of its contracted gas supplies from Sabine Pass Liquefaction in the United States to reduce shipping costs.

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Thailand based largest energy firm PTT Group has signed an agreement with South Korea's Korea Gas Corp (KOGAS) to cooperate in their liquefied natural gas (LNG) business.

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Saudi Arabia based Saudi International Petrochemical Company (Sipchem) is planning to shut its Jubail unit.

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The Indian rupee opened marginally higher on Today. It was trading at 66.48 per USD against previous closing.

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South Korea based LG Chem has offered its latest ABS, SAN offer to India.

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OPEC daily basket price on April 27, 2016 was assessed higher at USD 41.38 per barrel.

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Latest Chemical Bulk Prices of Acetone, Aniline, Benzene, Formaldehyde, MEG, Methanol, IPA, EDC, C9 Solvent, MEK, MIBK, Phenol, MMA, Toluene, Acrylonitrile, Acetic Acid, Butyl Acetate, Butyl Cellosolve, BAM, C10, Caustic Soda, Cyclohexane, Cyclohexanone, Ethyl Acetate, Isobutanol, Mix Xylene, MTO, NBA, N-Hexane, Octanol, Propylene Glycol, Styrene Monomer, N-Propanol, Chloroform, Butyl Carbitol, Ethyl Acrylate, DMF, MDC, Ortho Xylene, VAM, Laws, EDC, Methylene Dichloride, N-butanol.

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Apr 28, 2016: MRPL reduces PP price

Mangalore Refinery Petrochemical Limited (MRPL) has decreased its basic price of PP with effect from April 28, 2016.

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Saudi Arabia based Rabigh Refining and Petrochemical Company (Petro Rabigh) has began full operations at its expanded ethane cracker on April 21, 2016.

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The International Crude Oil price of Indian Basket as noted by (PPAC) under the Ministry of Petroleum and Natural Gas was noted at USD 43.03.

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The Indian rupee opened marginally higher on Today. It was trading at 66.39 per USD against previous closing.

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We carry here a round-up of Indian market prices for commodity and engineering polymers across the cities of Delhi, Mumbai, Chennai, Ahmedabad, Kolkata, Ludhiana, Jaipur, Bangalore, Hyderabad and Kanpur. These are latest ruling prices.

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Gujarat based ONGC Petro addition Limited (OPAL) has planned to startup its new crakcer at Dahej.

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