News & Bulletin Updates

The Indian rupee opened slightly lower by 7 paise on Today.

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Reliance Industries Limited (RIL) has announced its rolls over price revision with effect from May 11, 2016

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In Europe, price of Crude oil was assessed higher by USD 1.89 per barrel.

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In Middle East, price of Crude oil was assessed down by USD 1.66 per barrel.

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Saudi Arabia based Saudi Aramco is in plans to sign a memorandum of understanding (MOU) with Saudi Arabia Basic Industries Corporation (SABIC) for Chemical project.

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In Japan, price of Naphtha was reported to decreased by USD 11 per metric tonne.

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In South Korea, price of Styrene Monomer (SM) was assessed to decreased by USD 10 per metric tonne.

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In South Korea, price of Propylene was assessed to declined by USD 10 per metric tonne.

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In South East Asia, price of Ethylene was assessed to remain unchanged at USD 1150 per metric tonne.

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OPEC Crude daily basket price was reported to lower by USD 0.56 per barrel.

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The International crude oil price of Indian Basket was reported to down by USD 0.76 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, N-Hexane, Octanol, Propylene Glycol, Styrene Monomer, N-Propanol, Chloroform, Butyl Carbitol, Ethyl Acrylate, DMF, MDC, Ortho Xylene, VAM, Laws, Methylene Dichloride, N-butanol, MP Diol, DEG.

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The Indian rupee opened lower by 13 paise on today.

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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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Japan based Mitsubishi Chemical Corporation has shut its 539 K MTPA Naphtha cracker.

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May 10, 2016: OMPL shuts in PX unit

ONGC Mangalore Petrochemicals Limited (OMPL) has shut its paraxylene (PX) unit.

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Japan based Shin-Etsu Chemical has planned to go offline its Polyvinyl Chloride (PVC) unit.

According to a industry based source, the unit is likely to be shut for scheduled turnaround.

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In US Gulf, Spot price of Methanol was decreased by USD 2 per metric tonne.

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In China, Spot price of Monoethylene Glycol (MEG) was slipped by USD 10 per metric tonne to USD 630 per metric tonne.

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In South East Asia (SEA), Spot price of Monoethylene Glycol (MEG) was reported to down by USD 10 per metric tonne.

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May 10, 2016: PX price falls in US

In US Gulf, Spot price of Para Xylene (PX) was quoted down by USD 10 per metric tonne.

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In Rotterdam, Spot price of Para Xylene (PX) was quoted down by USD 5 per metric tonne.

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In South East Asia, Spot price of Para Xylene (PX) was reported down by USD 10 per metric tonne.

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In China, spot price of Toluene was assessed down by USD 10 per metric tonne to USD 615 per metric tonne.

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In South Korea, spot price of Toluene was assessed down by USD 10 per metric tonne

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