In Far East Asia, South East Asia, China, NW Europe and US Gulf, EDC prices stayed steady on Thursday, due to lacklustre demand.
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Ethylene prices continued to go down week by week due to weaker buying interest in the region, sufficient product avails and
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On Thursday, Butadiene prices drifted lower in South Korea owing to lacklustre buying trends coupled with ample product availability
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On Thursday, Brent and WTI Crude fell, pressured by rising U.S. inventories, and Russia and news that Saudi Arabia struck
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MEG (Monoethylene Glycol) prices went down in NW Europe from Euro 940/mt to Euro 920/mt (FD)
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In the International market, the prices of Acetone was found constant as there was no change in the demand. The prices in SE Asia, China, and NW Europe were
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On Thursday, the prices of ACN went down from USD 2090/MT CIF to USD 2070/MT CIF while the Prices in FE Asia, SE Asia, and US Gulf were steady at
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Despite improved buying sentiments, OX prices were assessed stable in the international market. FOB Rotterdam prices of OX were assessed
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Despite bullish upstream crude and gasoline rates, toluene prices in the International market adjusted downwards on Thursday.
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FOB Rotterdam price was high on the back of strong fundamentals globally. Demand was healthy from downstream MTO sector.
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Polypropylene prices in the Indian market firmed up yesterday. The price gain was attributed to the rise in buying sentiments in
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Phenol prices in Asia and China on Wednesday gained ground. Prices climbed on the back of improved regional demand trends.
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Weaker buying sentiments coupled with deals sealed at lower price levels in the region supported the price fall in some parts of the
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Toluene prices inched higher in Europe on Wednesday. Reports of improved regional demand sentiments from blenders pushed prices higher in Europe.
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PET prices went down in the International market on Wednesday. Prices fell on the back of persistent softer regional demand trends.
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On Wednesday, n-Butanol price was assessed steady in SE Asia and China at $1105/mt
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Acrylonitrile prices found no change in the International market as there was no change in demand. Prices in FE Asia, SE Asia,
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PX prices in Europe were assessed higher on Wednesday. The price rise was in line with improved buying trends in the region.
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On Wednesday, ABS prices drifted lower in the Asian region. Prices slipped as buying interest continued to remain poor. A plunge in
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CFR China MEG prices were assessed flat at the USD 885/mt levels while CFR South East Asia prices were also steady at the USD 900/mt levels.
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Softer regional demand trends supported the price fall. Buyers are still awaiting fresh price offers from the producers for October shipment.
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Shinkong Industry plant located in Map Ta Phut, Thailand has shut its Polyethylene Terephthalate (PET) unit for maintenance
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Soft buying activity was observed in MDC in Indian markets. In Mumbai, prices of MDC remained steady at Rs 67/Kg excluding GST for
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Located in Labuan province, Malaysia, Petronas has shut its methanol plant. The company has shut the unit on September 29, 2018,
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U.S., Japan, and the Middle East have shown interest in picking up a stake in state-owned Oil and Natural Gas Corporation's mega petrochemical project in Gujarat.
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