News & Bulletin Updates

On June 7, 2018, Ethylene prices went up in India from $1220 to $1230/MT CFR, SE Asia from $1220 to $1230/MT CFR, NE Asia

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Acrylonitrile prices were found unchanged in Asian Market as well as in US Gulf and Europe chemical market on June 07, 2018.

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On Thursday, PTA price was found flat in SE Asia at $845/MT(FOB) in FE Asia at $830/MT(FOB) and in India at $850/MT(CIF)

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On Thursday, Acetone price found no change in SE Asia at $765/MT, in China at $680/ton and in NW Europe at 585 Euro/MT respectively.

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The price trend for DMF has been moderate in the Mumbai and Ahmedabad  market over the past few days, according to 

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Brunei Methanol Company Sendirian Berhad (BMC) has taken emergency shutdown at its methanol plant early this week.

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VAM prices were reported to have gone down in the major chemical markets in India, amid prevalence of moderate demand conditions in last 10 days

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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, according to traders.

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Yancheng Super Chemical Technology Co.. Ltd. (Super Chemical) has recently shut its IPA plant for a brief maintenance period.

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Isopropyl Alcohol (IPA) values were pushed down in the Indian chemical market on soft buying activity In Mumbai, IPA prices went down 

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Despite stronger upstream propylene values, Polypropylene prices increased in the Indian market as major producer, RIL, and IOCL, 

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Bhansali engineering Polymer Limited (BEPL) is planning to close its maintenance work for ABS plant. According to industry based source,

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China based Jilin Petrochemical Company is planning to restore its production facility of methyl isobutyl ketone (MIBK) plant after completing its turnaround.

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In the Mumbai market, there are expectation of the price going down. An MEK item manufacturer in Mumbai told this website that the price is likely to go down.

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Polystyrene prices were on an upswing in Indian market as the price of the key feedstock- Styrene Monomer (SM) - increased in International market

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On Wednesday, Crude prices went down in NW Europe from $75.38/bbl to $75.36/bbl (Brent), in US Gulf from $65.52/bbl to $64.73/bbl

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On June 6, PET prices fell in SE Asia from $1400/MT to $1375/MT (FOB), in NE Asia from $1390/MT to $1350/MT (FOB)

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In International chemical market, Acrylonitrile prices were found flat on June 06, 2018. The following prices were recorded: South East Asia 

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Monoethylene Glycol prices were found flat in Europe, South East Asia, China and India on June 06, 2018. The following prices were recorded: South East Asia - $955/MT CFR

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In South East Asia and North East Asia, caustic soda prices stayed steady on June 06 at $535/MT CFR and $550/MT FOB basis, 

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On June 6, 2018, Polypropylene (Block Copolymer) prices went down in Bangladesh from $1350 to $1340/MT (CFR), in Thailand 

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On June 6, 2018, Polypropylene (Random Copolymer) prices went down in South Korea from $1470 to $1460/MT (CIF), in Singapore

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

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On Wednesday, Methanol price fell in SE Asia from  $423/ton(CFR) to $420/ton(CFR) but the price noted no change in Rotterdam at

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On Wednesday, DOP price was found flat in SE Asia at $1285/MT in FE Asia at $1175/MT, and in China at $1175/MT respectively.

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