China’s Jiutai Energy’s plant situated at Ordos, Mongolia, has plans to start up new 250 KTPA coal-based HDPE/LLDPE

C9 Solvent saw an increase in Indian market prices on active demand. The demand for C9 solvent was good in the agricultural segment.

China-based Yankuang International Coking is has restarted its methanol plant. According to information received from the reliable sources,

The price for Methyl Ethyl Ketone (MEK) has been sluggish in the Indian markets. MEK prices have been continuously declining in the Indian market

ABS (Acrylonitrile Butadiene Styrene) prices went down in major polymer hubs in India under the influence of negative demand.

MEG (Monoethylene Glycol) prices went down in SE Asia from USD 940/mt to USD 935/mt (CFR), China from USD 905/mt to USD 900/mt (CFR)

Methanol prices in US on Tuesday firmed. Prices climbed on the back of bullish demand trends witnessed in the region.

PX prices in International market were assessed higher on Tuesday. Prices gained mainly on account of a rise in PX values in the 

Naphtha prices rose in Japan from $649/MT to $656/MT (CFR), and in Europe from $644/MT to $654/MT (CIF) on Tuesday

On Tuesday, Crude prices went up in NW Europe from $73/bbl to $73.44/bbl (Brent), in US Gulf from $67.89/bbl to $68.52/bbl (WTI), 

On July 25, 2018, Propylene prices in NW Europe were assessed at Euro 1075-1080/MT (FD/CIF), a slide of 10 Euro

On Tuesday, Phenol prices went down in SE Asia from $1230/MT(CFR) to $1215/MT(CFR), in China from $1230/MT(CFR)

In South East Asia, caustic soda price found no change on July 24, with the price at $419/MT on CFR basis on steady demand. 

On Tuesday, Acetone prices remained steady in China at $595/ton(CFR), in NW Europe at 605 Euro/MT while in SE Asia prices went down

On Tuesday, Ethylene prices in NW Europe were assessed at $1210/MT CIF, a gain of $10 while in India and SE Asia,

The market price of Phenol at various trading hubs in India have declined due to stock build-up and weak demand conditions.

In the International market, Acetonitrile prices found no change in steady demand on July 23, 2018, with prices in  FE Asia at $2205/MT CFR,

Maleic Anhydride buyers are interested in purchases but suppliers are may be running out of stock in their godowns, because of 

Petroliam Nasional Berhad (Petronas) plant, situated in Kateh, Malaysia, has shut down its naphtha cracker in the first week

There is a satisfactory demand for Butyl Acetate (BA) in the Indian market as a result of price declines. The price had been bearish in the Asian market.

All India Motor Transport Congress (AIMTC) strike beginning July 20 adversely affected the polymer market in India mainly in Mumbai,

The domestic price for Propylene Glycol (PG) declined on sluggish demand within the country. The demand for PG has been weak this week while the market price

Taiwan’s Formosa Plastics Corp (FPC) plans to shut its Methyl methacrylate (MMA) plant in Mailiao in mid-August 2018 for maintenance.

Chandra Asri Petrochemical plant situated in Jakarta, Indonesia had completed its production expansion project.  After beginning shutdown

Styrene Monomer (SM) prices fell on the back of a week on week on account of sluggish demand pattern.