News & Bulletin Updates

Mitsui Chemicals is likely to undertake a planned shutdown at its acetone plant. A source informed that the company 

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Ethyl Acrylate prices in Indian market have not undergone any fluctuation and moderate demand conditions prevailed in market.

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Acetic Acid prices were on an upswing in the Indian market as the price of the key feedstock- Methanol-- increased in the International

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Traders in the market told indianpetrochem that the demand for the raw material was moderate, while, stocks were falling

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DFE Chemicals is likely to restart its Polystyrene (PS) plant located in Manila, Philippines. According to an industry based source,

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The largest Korean chemical company, LG Chemicals has offered Polyvinyl Chloride (PVC) resin suspension grade

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Evonik Degussa (China) has taken a Methyl methacrylate (MMA) unit off-stream for a turnaround. According to information received

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On Tuesday, Caustic soda prices were steady in South East Asia and North East Asia at $526/MT CFR and $539/MT FOB level, 

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Acrylonitrile prices remained constant in Asian Market as well as in US Gulf and Europe chemical markets on June 12, 2018.

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Methanol prices remained steady in US Gulf at Cent 121.50/Gallon (FOB), SE Asia at $415/ton(CFR), China at $399/ton (CFR),

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Naphtha prices went up in Japan from $653/MT to $656/MT (CFR), in Singapore from $71.04/bbl to $71.53/bbl (FOB), in Rotterdam

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On Tuesday, Crude prices rose in US Gulf from $66.10/bbl to $66.36/bbl (WTI), in UAE from $74.29/bbl to $74.79/bbl (DME)

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On June 12, 2018, Propylene prices went down in China from $1110 to 1100/MT CFR and in South Korea from $1085 to 1075/MT FOB.

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On Tuesday, Ethylene prices went up in India and SE Asia from $1230 to $1240/MT CFR.Prices in South Korea, NE Asia, Japan

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On Tuesday, PAN price was found flat in SE Asia at $1140/MT, in FE Asia at $925/MT, and in China at $925/MT respectively.

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On Tuesday, Acetone prices remained steady in SE Asia at $765/MT(CFR), in China at $680/ton(CFR), and in NW Europe at 585 Euro/MT respectively.

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On Tuesday, Demand for methanol has been down in Mumbai and Ahmedabad Market in the last few days and expected to remain the same

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Zagros Petrochemicals has restarted its No.2 methanol plant following a maintenance turnaround.

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The demand for n-hexane was assessed as good in the Indian market, according to market sources,  as underlying end use demand is good. 

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PBT polymer prices have gone up in Mumbai market, as demand is currently active and in Ahmedabad on stocking issues

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Shin-Etsu is likely to complete turnaround at its polyvinyl chloride (PVC) plant located in Kashima, Japan. According to sources,

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

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

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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.

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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

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