News & Bulletin Updates

In South East and China, n-Butanol prices stayed steady, with the price at $1060/MT CFR and $1050/MT

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In South East Asia and North East Asia, caustic soda prices stayed steady on June 21 at $490/MT CFR and $491/MT FOB basis, 

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Butadiene prices fell in South Korea from $1675/MT to $1645/MT (FOB), in China from $1705/MT to $1675/MT (FOB)

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On Thursday, Crude prices went down in NW Europe from $74.74/bbl to $73.05/bbl (Brent), in US Gulf from $66.22/bbl to $65.45/bbl

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On Thursday, Propylene prices remained steady in NW Europe at Euro 1125/MT (CIF), in Japan at $1060/MT (FOB), in SE Asia

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On Thursday, DOP prices were found flat in SE Asia at $1275/MT, FE Asia at $1155/MT and in China at $1155/MT respectively.

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On Thursday, Methanol price stayed at the same level in Rotterdam at  Euro 383/MT(FOB), SE Asia at $424/tonne(CFR), China at $398/tonne (CFR),

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On June 21, 2018, Ethylene prices remained steady in NE Asia at $1380/MT CFR, in Japan at $1310/MT FOB, in SE Asia

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On Thursday, PTA prices stayed steady in SE Asia, FE Asia and India at $850/MT(FOB), $830/MT(FOB) and $855/MT(CIF) respectively.

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

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Norway's Equinor, formerly known as Statoil, said that a turnaround at its Tjeldbergodden methanol plant has been carried out

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Haldia petrochemical Limited (HPL) located in Haldia in West Bengal, has a 330ktpa HDPE plant, a 370ktpa HDPE/LLDPE 

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Formosa Plastics Corp (FPC), in Ningbo China is planning to shut the EVA plant for a maintenance turnaround.

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Caustic soda demand is sluggish in India and this has skewed the market dynamics, favouring a fall in prices for the chemical in India.

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Sinopec Yizheng Chemical Fiber in Jiangsu, China restarted its Purified Terephthalic Acid (PTA) unit on June 19,2018.

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Acrylonitrile prices were found unchanged in Asian Market as well as in US Gulf and Europe chemical market on June 20, 2018.

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On Wednesday, PET prices fell in NE Asia from $1380/MT to $1370/MT (FOB), in SE Asia from $1430/MT to $1410/MT

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On Wednesday, Methanol price went down in Rotterdam from Euro 389.50/MT(FOB) to  Euro 383/MT(FOB), SE Asia from $426/tonne(CFR) to $424/tonne(CFR),

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On Wednesday, Crude prices rose in US Gulf from $65.07/bbl to $66.22/bbl (WTI), in UAE from $72.18/bbl to $72.91/bbl

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On Wednesday, Polypropylene (Random Copolymer) remained steady in South Korea at $1500/mt CIF, in Singapore at $1430/mt CIF,

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Monoethylene glycol prices went down in South East Asia from $970/MT to $935/MT (CFR), in China from $925/MT

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On June 20, 2018, Polypropylene (Block Copolymer) prices went down in Pakistan from $1370 to 1365/mt CFR.Prices in Thailand

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In South East Asia, prices were assessed steady at USD 490/MT CFR levels. In North East Asia too prices were flat 

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On Wednesday, Phenol prices went down in SE Asia from $1340/MT to $1315/MT(CFR) in China from $1275/MT to $1260/MT(CFR)

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On Wednesday, Acetone prices went down in SE Asia from $770/MT to $760/MT(CFR) in China from $675/ton to $660/ton(CFR)

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