News & Bulletin Updates

The demand for MIBK has been weak this week while the market price for the chemical has been trading at a lower range

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India's ONGC Mangalore Petrochemicals Ltd. (OMPL), has planned a shutdown at its  ParaXylene (PX) aromatics plant. 

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Zagros Petrochemical is has brought about an unplanned shutdown at its methanol plant 2. According to information received from

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Benzene prices were found flat in the Indian market. The following prices were recorded: Chennai Rs. 58/ltr for Domestic Intact,

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In South East Asia and North East Asia, caustic soda prices stayed steady on July 26 at $419/MT CFR and $429/MT FOB basis,

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Acrylonitrile price found some changes in the International market on July 26, 2018,  in FE Asia prices, went up from $2205/MT 

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On Thursday, PAN price found no change in SE Asia at $1045/MT, in FE Asia at $915/MT and in China at

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On July 27, 2018, VCM prices remained steady in Far East Asia at $705/MT (CFR), South East Asia at $740/MT (CFR), China at

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Methanol prices in Asia inched higher on Thursday. Higher upstream energy and methanol rates further supported the price gain.

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On Thursday, EDC prices remained steady in Far East Asia at $330/MT (CFR), South East Asia at $320/MT (CFR), China at

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On Thursday, Phenol prices were assessed steady in SE Asia at $1215/MT(CFR), in China at $1205/MT(CFR) and in NW Europe

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Styrene Monomer (SM) prices in Asia edged higher on Thursday. FOB Korea prices of SM were assessed up at the USD 1365/mt

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On Thursday, crude prices went down in NW Europe from $73.93/bbl to $74.54/bbl (Brent), in US Gulf from $69.30/bbl to

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On Wednesday, Polypropylene (Random Copolymer) prices in South Korea were assessed at $1470/MT CIF, in Singapore at

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On July 25, 2018, Polypropylene (Block Copolymer) prices dwindled in the International market week on week due to dull buying trend 

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Crude oil prices went up in NW Europe from $73.44/bbl to $73.93/bbl (Brent), in US Gulf from $68.52/bbl to $69.30/bbl (WTI), in UAE from $71.74/bbl to

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PET bottle grade prices went down in the Asian market in line with lower import offers from overseas producers and sluggish regional buying interest.

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PS prices gained in Asian market mainly on account of a week on week rise in upstream Styrene prices. PS prices went up in SE Asia from $1490/MT to $1520/MT

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Methanol prices in the US on Wednesday were down. Prices down on the back of inactive demand trends witnessed in the region coupled.

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On Wednesday, Bis Phosphoric Acid remained steady in SE Asia at $1150/mt

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On Wednesday, n-Butanol price were assessed steady in SEe Asia and China

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On Wednesday, PTA prices rose in SE Asia from $865/MT to $870/MT, in FE Asia from $850/MT to $855/MT and in India from $865/MT

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On Wednesday, DOP price were assessed flat in SE Asia at $1275/MT, in FE Asia at $1125/MT, and in China at $1125/MT respectively.

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Propionic alcohol prices in the domestic market were stable in spite of lower international prices on higher domestic demand

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Methyl methacrylate (MMA) prices in India are not likely to undergo any major change in the near term as demand for the raw

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