News & Bulletin Updates

On May 2, 2016, Crude oil price in Middle East was noted lower at $43.31 per barrel as compared to the price $43.96 per barrel on April 29, 2016.

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On May 2, 2016, Styrene Monomer (SM) price in South Korea was assessed marginally higher at USD 1050 per metric tonne on FOB basis as compared to the price USD 1045 per metric tonne on April 29, 2016.

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On May 2, 2016, Propylene price in North West Europe (NWE) was reported lower at Euro 585 per metric tonne on CIF basis as compared to the price 

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On May 2, 2016, Ethylene price in North West Europe (NWE) was reported significantly higher at USD 1065 per metric tonne on CIF basis as 

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On May 2, 2016, Ethylene price in North East Asia (NEA) was reported to remain unchanged at USD 1190 per metric tonne on a CFR basis 

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Taiwan based Shinkong Synthetic Fibers Corporation (SSFC) has planned to resume its Polybutylene terephthalate (PBT) unit.

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The International Crude Oil price of Indian Basket as assessed by (PPAC) under the Ministry of Petroleum and Natural Gas was quoted at USD 44.59 per barrel on May 2, 2016.

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Japan based Tokuyama Corporation is planning to shut its Isopropyl alcohol (IPA) unit.

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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, NBA, 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.

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China based Fujian Refining & Petrochemical Company Limited (FREP) has declared to go offline its Butadiene (BD) unit.

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Saudi Arabia based Rabigh Refining and Petrochemical Company (Petro Rabigh) has announced to start its new Pheno/Acetone unit.

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Braskem and IDESA are starting its ethane cracker. According to information received from an industry-based source, the company has planned to 

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The Indian rupee opened marginally higher on Today. It was trading at 66.35 per USD against previous closing.

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The International Crude Oil price of Indian Basket as reported by (PPAC) under the Ministry of Petroleum and Natural Gas was noted at USD 44.59 per barrel on April 29, 2016.

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We carry here a round-up of Indian market prices for commodity and engineering polymers across the cities of Delhi, Mumbai, Chennai, Ahmedabad, Kolkata, Ludhiana, Jaipur, Bangalore, Hyderabad and Kanpur. These are latest ruling prices.

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OPEC daily basket price on April 29, 2016 was assessed higher at USD 42.70 per barrel as compared to the price USD 42.02 per barrel on April 28, 2016.

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Taiwan based CPC Corporation has planned to start maintenance work at its aromatics unit.

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Reliance Industries Limited (RIL) has restarted its No.2 PTA unit.

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Taiwan based China Man-made Fiber Corporation (CMFC) is operating its MEG unit at curtailed level.

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May 02, 2016: HMEL reduces PP price

HPCL-Mittal Energy Limited (HMEL) has revised its downward price revision with effect from May 1, 2016.

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Germany based PCK Raffineries is planning to resume its FCC refinery.

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Supreme Petrochem Limited (SPL) has announced its downward price revision in PS with effect from May 1, 2016.

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The Indian rupee opened marginally lower on Today. It was trading at 66.41 per USD against previous closing.

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May 01, 2016: HPL slashes PP price

Haldia Petrochemical Limited (HPL) has announced its downward price revision in PP with effect from May 1, 2016.

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Haldia Petrochemical Limited (HPL) has announced its downward price revision in PE with effect from May 1, 2016

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