News & Bulletin Updates

Zhong Tian He Chuang a joint venture of Sinopec and China Coal Energy Group, has brought on-stream its polypropylene (PP) plant

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Daicel Industries is in plans to bring on-stream an acetic acid plant after maintenance turnaround.

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Taiwan's Formosa Plastic plans to shut its 1.133 million mt/year caustic soda plants in Mailiao over end June-mid July for annual maintenance,

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Fujian Jialong Petrochemical has shut its Purified Terephthalic Acid (PTA) plant for a maintenance turnaround.

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Acrylonitrile prices were found not to have changed on June 14, 2018. The following prices were recorded : South East Asia -

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Monoethylene glycol prices rose in South East Asia from $965/MT to $970/MT (CFR), in China from $920/MT to $925/MT (CFR)

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On Thursday, Methanol price went up in SE Asia from $421/tonne(CFR) to $426/tonne(CFR) but the price noted no change in  US Gulf

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In South East Asia, prices were assessed steady at the USD 526/MT CFR levels on lacklustre demand. 

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On June 14, 2018, Propylene prices remained steady in Japan at $1075/MT FOB, SE Asia at $1015/MT CFR

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Ethylene prices have moved up in India from $1240 to $1255/MT CFR, in NE Asia from $1360 to $1365/MT CFR

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On Thursday, PTA price found no change in SE Asia at $855/MT(FOB), in FE Asia at $835/MT(FOB), in India at $865/MT(CIF).

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On Thursday, PAN prices were steady in SE Asia at $1140/MT, in FE Asia at $925/MT and, in China at $925/MT respectively.

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The demand for Formaldehyde was assessed good in the Indian market, according to market sources, as underlying end use demand is

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In International chemical market, Acrylonitrile prices were found flat  on June 13, 2018. The following prices were recorded : 

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Hebei Yingdu has recently restarted its Acetic Acid plant in China. According to the information received from reliable sources,

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MDC prices inched up in Indian chemical market as a result of which soft buying activity was observed in the market, 

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Jilin Petrochemicals has restarted its No.4 Acrylonitrile (ACN) unit after a planned shutdown. According to the information 

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There was satisfactory buying for Caustic soda in the Mumbai market as a result of stable prices. Although the prices are stable,

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Henan Yongjin Chemical has shut its monoethylene glycol (MEG) unit owing to environmental issues.

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PTA price have gone up in India market, and demand is slow because of need- based buying mainly due to the influence of high international price movement

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In South East Asia, caustic soda price found no change on June 13, with the price at $526/MT on CFR basis on steady demand.

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On Wednesday, Methanol price went slightly up in Rotterdam from Euro 384/MT(FOB) to Euro 392/MT(FOB) and SE Asia from

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Polypropylene (Block Copolymer) have moved up in Bangladesh from $1340 to $1370/MT CFR, in Thailand from $1360 to $1400/MT CIF,

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On Wednesday, DOP prices remained steady in SE Asia, FE Asia as well as in and China at $1265/MT,$1135/MT and $1135/MT respectively.

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On Wednesday, Phenol prices went down in China from $1285/MT to $1275/MT(CFR) but no change was observed in SE Asia and NW Europe

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