Formosa Plastics Corporation (FPC) is likely to shut down its ethylene dichloride and vinyl chloride monomer plant in Mailiao.

The price of Polyoxymethylene (POM) had not moved since last week and the demand for this engineering plastic has been moderate in Indian market.

There was satisfactory buying for DBP in the Mumbai market as a result of stable prices.Although the prices are stable, buyers are adopting a need-based procurement strategy.

On Monday, EDC price went up in NW Europe from $250 to 275/MT FOB. Prices in FE Asia, SE Asia, China and US Gulf

On June 11, 2018, Ethylene prices have moved up in China from $1355 to 1360/MT CFR, in South Korea from $1275 to 1295/MT FOB,

On Monday, Butadiene fell in South Korea from $1740/MT to $1720/MT (FOB), in SE Asia from $1745/MT to $1730/MT

On Monday, PTA price rose in SE Asia from $850/MT to $855/MT(FOB), in FE Asia from $830/MT to $835/MT(FOB), and in India from $860/MT to $865/MT(CIF) respectively.

On Monday, Methanol price increased in Rotterdam from Euro 378/MT(FOB) to Euro 384/MT(FOB) but the price remains steady

On Monday, Caustic soda price was found flat in South East Asia and North East Asia at $526/MT CFR and $539/MT FOB level,

On June 11, Crude prices went down in UAE from $74.83/bbl to $74.29/bbl (DME), in India from $74.89/bbl to $74.58/bbl

On Monday, DOP price went down in SE Asia from $1285/MT to $1265/MT, in FE Asia from $1175/MT to $1135/MT, and in China from $1175/MT to $1135/MT respectively.

Jiangsu Sailboat Petrochemical is planning to restart its EVA plant located at Lianyungang in eastern Jiangsu provinces, China.

Sinopec Zhongyuan Petrochemical is in plans to resume operations at its MTO plant in Henan.

JAPAN VAM & POVAL CO.(JVP)  has recently closed its vinyl acetate monomer (VAM) plant in Sakai.

Keiyo Ethylene has shut its 7,40,000 metric tonne/year cracker, located in Chiba, Japan, on May 13, 2018, for a maintenance turnaround.

The price trend for Caustic soda has been moderate in the Mumbai market over the past few days because of variable imports, according to the importers and traders in the city .

On Friday, Methanol price went down in  China from $410/ton (CFR) to $399/ton (CFR), SE Asia from $420/ton(CFR) to $415/ton(CFR),

Naphtha prices rose in Japan from $648/MT to $655/MT (CFR), in Europe from $641/MT to $659/MT (CIF), in Singapore

On Friday, Crude prices went down in NW Europe from $77.32/bbl to $76.46/bbl (Brent) and in US Gulf from $65.95/bbl to $65.74/bbl (WTI)

EDC prices remained steady in Far East Asia at $295/MT (CFR), South East Asia at $315/MT (CFR), China at 295/MT (CFR),

On June 8, 2018, VCM prices remained steady in Far East Asia at $695/MT (CFR), South East Asia at $735/MT (CFR),

On Friday, PAN prices were steady in SE Asia at $1155/MT, in FE Asia $975/MT, and in China at $975/MT respectively.

On Friday, Phenol prices were found flat in SE Asia at $1340/MT(CFR), in China $1285/MT(CFR), and in NW Europe 1165 Euro/MT respectively.

Caustic soda prices went down in South East Asia and North East Asia from $535/MT to $526/MT CFR and $550/MT to $539/MT FOB level,

Acrylonitrile prices were found unchanged in Asian Market as well as in US Gulf and Europe chemical market on June 08, 2018.