Reliance Industies Limited (RIL) has shut its Dahej based PTA unit.

Thailand based PTT Global Chemical Public Company Limited (PTTGC) is planning to start maintenance at its HDPE unit.

Reliance Industies Limited (RIL) has shut its Dahej based PVC unit.

OPEC crude daily basket price was assessed higher by USD 1.91 per barrel on May 12, 2016.

Latest Chemical Bulk Prices of Acetone, Aniline, Benzene, Formaldehyde, MEG, Methanol, IPA, EDC, C9 Solvent, MEK, MIBK, Phenol, MMA, Toluene, Acrylonitrile, Acetic Acid, Butyl Acetate, Butyl Cellosolve, BAM, C10, Caustic Soda, Cyclohexane, Cyclohexanone, Ethyl Acetate, Isobutanol, Mix Xylene, MTO, N-Hexane, Octanol, Propylene Glycol, Styrene Monomer, N-Propanol, Chloroform, Butyl Carbitol, Ethyl Acrylate, DMF, MDC, Ortho Xylene, VAM, Laws, Methylene Dichloride, N-butanol, MP Diol, DEG.

The International crude oil price of Indian Basket was recorded higher by USD 1.91 per barrel on May 12, 2016.

The Indian rupee opened lower by 16 paise on Today.

Excessive stocks and slow buying has resulted in PP prices slipping in Indian markets. The continuous downward trend 

OPEC Crude daily basket price was reported to higher by USD 1.20 per barrel.

In South East Asia, price of PET was assessed marginally lower by USD 5 per metric tonne on May 11, 2016.

In Asian markets, price of ABS was recorded significantly down by USD 35-40 per metric tonne on May 11, 2016.

In Far East Asia, PP (Homopolymer) price was cited significantly lower by USD 20 per metric tonne on May 11, 2016.

In Middle East, PP (Homopolymer) price was reported significantly lower by USD 25 per metric tonne on May 11, 2016.

In Middle East, LDPE price was declined by USD 10 per metric tonne on May 11, 2016.

In Asian markets, LDPE price was decreased by USD 10 per metric tonne on May 11, 2016.

In Middle East, HDPE price was quoted down by USD 10 per metric tonne on May 11, 2016.

In Middle East, LLDPE price was quoted marginally lower by USD 5 per metric tonne May 11, 2016.

In North West Europe, LLDPE price was quoted significanlty lower by USD 20 per metric tonne May 11, 2016.

LLDPE price in Far East Asia (FEA) and South East Asia (SEA) was reported to go down by USD 5 per metric tonne May 11, 2016.

In South East Asia (SEA), price of High Density Polyethylene (HDPE) was declined by USD 5-15 per metric tonne on May 11, 2016, due to week demand trend in the country.

In Far East Asia (FEA), price of High Density Polyethylene (HDPE) was declined by USD 5-10 per metric tonne on May 11, 2016.

In South Korea, price of Butadiene (BD) was reported to moves up by USD 5 per metric tonne on May 11, 2016.

In Japan, price of Naphtha was reported to higher by USD 6 per metric tonne on May 11, 2016.

In Middle East, price of Crude oil was assessed to go up by USD 0.91 per barrel on May 11, 2016.

In Europe, price of (Brent) Crude oil was quoted higher by USD 2.08 per barrel on May 11, 2016.