News & Bulletin Updates

The Indian rupee opened marginally lower by 8 paise against dollar 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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South Korea based LG Chem has revised its latest PVC offer to India.

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In South East Asia, price of Methanol was reported to remain static.

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On May 6, 2016, price of purified terephthalic acid (PTA) in South East Asia was assessed higher by USD 5 per metric tonne.

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In South East Asia, price of Monoethylene Glycol (MEG) was assessed lower by USD 10 per metric tonne.

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In South East Asia, price of Para Xylene was assessed marginally lower by USD 5 per metric tonne due to slow demand at USD 795 per metric tonne CFR on May 6, 2016.

In South Korea, price was quoted down by USD 5 per metric tonne at USD 765 per metric tonne on acount of need slow demand condition.

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In South East Asia, price of Toluene was reported significantly down by USD 30 per metric tonne.

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In South East Asia, price of Styrene Monomer (SM) was reported significantly lower by USD 25 per metric tonne.

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In South Korea, price of Benzene was reported lower at USD 5 per metric tonne.

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China based PetroChina Fushun Petrochemical Company is currently operating its methyl ethyl ketone (MEK) unit at swing mode.

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China based Hengyang Petrochemical Logistics Limited has increased its production supply at Purified Terephthalic Acid (PTA) unit.

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The International Crude Oil price of Indian Basket was reported lower by USD 0.58 per barrel.

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Japan based Mitsubishi Chemical Corporation has planned to start maintenance work at its Monoethylene Glycol (MEG) unit.

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The Indian rupee opened marginally higher on Today.

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South Korea based Hanwha Total Petrochemicals is planning to expand its Styrene Monomer (SM) production capacity.

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In South Korea, price of Butadiene (BD) was assessed significantly higher by USD 25 per metric tonne.

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In Middle East, price of Crude Oil was assessed down by USD 0.90 per barrel.

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In Europe, price of Crude Oil was assessed to go up by USD 0.31 per barrel.

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In Japan, price of Naphtha was assessed down by USD 8 per metric tonne.

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In Far East Asia, price of Vinyl Chloride Monomer (VCM) was assessed to remain stable.

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In US Gulf, price of Vinyl Chloride Monomer (VCM) was assessed higher by USD 15 per metric tonne.

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

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In North West Europe, price of Propylene was assessed higher by USD 15 per metric tonne.

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In South Korea, price of Propylene was assessed higher by USD 5 per metric tonne.

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