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BLOGS - ALL PRODUCT NEWS

SM prices drop 10$ in Asia

On 28 Jan 2020 at 09:30 IST

On Monday, SM prices down adjusted in Asia. The price fall was in line with weaker regional demand trends, coupled with bearish upstream crude and benzene values.FOB Korea SM prices were assessed down at the USD 880/mt levels, a decline of USD 10/mt from last........
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APC to eyes maintenance at EVA plant in Taiwan

On 28 Jan 2020 at 08:30 IST

Asia Polymer Corp (APC), has planned to shut its Ethylene vinyl acetate (EVA) plant owing to feedstock availability issues.A Polymerupdate source in Taiwan informed that, the company is likely to halt operations at the plant in March 2020 for a period of........
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Crude oil prices tumble last Friday

On 27 Jan 2020 at 17:17 IST

Let’s start with energy and feedstock news:Crude oil prices continued to decline sharply last Friday for the fourth consecutive day, as the China coronavirus is reported to have claimed new sufferers and is continually spreading, making investors more and........
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Butadiene prices firm up in Asia

On 27 Jan 2020 at 07:00 IST

Last week, butadiene prices marched higher in Asia. Prices firmed, mainly on account of constrained product availability and improved regional buying sentiments.On Friday, CFR China prices were assessed at the USD 955/mt levels, while CFR South East Asia........
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SM prices continue to quote lower in Asia

On 24 Jan 2020 at 09:30 IST

On Thursday, SM prices slipped in Asia. Prices dropped, as demand trends continued to remain sluggish in the region. A sharp fall in upstream energy values and weaker benzene feedstock values, further pressured prices lower across the Asian regions. FOB Korea........
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Siam to complete maintenance at Map Ta Phut SM plant

On 24 Jan 2020 at 08:20 IST

Siam Styrene Monomer, has planned to bring on-stream its Styrene monomer (SM) plant following a turnaround.A Polymerupdate source in Thailand informed that, the company is likely to complete turnaround at the plant by early-March, 2020. The plant was shut in........
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Crude oil prices slide on Wednesday

On 23 Jan 2020 at 17:00 IST

Let’s start with energy news: Crude oil prices declined over 2% on Wednesday, as the American Petroleum Institute (API) on Wednesday exhibited a crude oil inventory build. Also, the International Energy Agency’s forecast of a market surplus for crude oil,........
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SM prices drift lower in Asia

On 23 Jan 2020 at 09:30 IST

SM prices drifted lower in Asia, on Wednesday. The price fall was triggered by weaker upstream costs, coupled with sluggish demand trends in major markets like China, ahead of the Lunar New Year holidays. FOB Korea SM prices were assessed down at the USD........
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Lukoil to shut ACN plant for maintenance

On 23 Jan 2020 at 08:20 IST

Lukoil, is likely to take off-stream its acrylonitrile (ACN) plant in April 2020.A Polymerupdate source in the Russia informed that, the company has planned to shut the plant in early-April, 2020. The plant is expected to remain off-line for around 10-15........
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Propylene prices slip in parts of Asia on Tuesday

On 22 Jan 2020 at 09:30 IST

On Tuesday, propylene prices down adjusted in China.CFR China propylene prices were assessed lower at the USD 895/mt levels, a day on day fall of USD 10/mt. Prices dropped, as downstream regional PP producers have reduced their production runs, ahead of the........
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No. 2 aromatics unit brought on-stream by PCS

On 22 Jan 2020 at 08:20 IST

Petrochemical Corporation of Singapore (PCS) has restarted its aromatics plant following an unplanned outage.A Polymerupdate source in the Singapore informed that, the company has resumed operations at the plant on January 18, 2020. The plant was shut in........
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Open spec naphtha prices edge higher in Asia.

On 21 Jan 2020 at 17:15 IST

Let’s start with energy and feedstock news: Brent crude oil prices edged higher on Monday, owing to worries on the supply front propelled by unrest in Libya, after the largest oil field in Libya shut its crude oil production after armed forces cut off a........
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Ethylene prices rise 5-10$ in Asia

On 21 Jan 2020 at 09:00 IST

On Monday, ethylene prices gained in Asia. The price rise was supported by high upstream costs coupled with persistent constrained regional product availability, owing to planned and unplanned regional cracker shutdowns. CFR North East Asia ethylene prices........
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Dongguan Grand resumes production at PDH plant

On 21 Jan 2020 at 08:30 IST

Dongguan Grand Resource Science and Tech, has restarted its propane dehydrogenation (PDH) plant following a maintenance turnaround.A Polymerupdate source in China informed that, the company has resumed operations at the plant on January 17, 2020. The plant........
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Ethylene and Propylene prices march higher in Asia last week

On 20 Jan 2020 at 17:30 IST

Let’s start with energy and feedstock news:Crude oil prices edged higher on Friday, following several positive economic data from China. Brent futures rose by 23 cents, settling at $64.85 per barrel, while WTI futures inched higher by 2 cents to $58.54 per........
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Lotte Titan likely to restart No. 3 LLDPE unit

On 20 Jan 2020 at 08:30 IST

Lotte Chemical Titan has planned to resume production at its No. 3 Linear low density polyethylene (LLDPE) unit.A Polymerupdate source in Indonesia informed that the company is expected to restart the unit early this week. The unit was shut on December 20,........
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Jiangsu Lvan Qingfeng starts maintenance at PS plant

On 20 Jan 2020 at 07:30 IST

Jiangsu Lvan Qingfeng has take off-stream its polystyrene (PS) unit for a turnaround.A Polymerupdate source in China informed that the company has commenced turnaround at the unit on January 10, 2020. The plant is expected to remain under maintenance for........
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Benzene prices inch higher in Asia

On 20 Jan 2020 at 07:00 IST

Last week, benzene prices edged higher in Asia. The price rise was supported by improved regional buying sentiments coupled with a spike in downstream SM rates.On Friday, benzene prices were assessed at the USD 730/mt FOB Korea levels, a week on week increase........
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Propylene prices edge higher in parts of Asia

On 17 Jan 2020 at 09:30 IST

On Thursday, propylene prices edged up in some parts of Asia. Prices climbed, mainly on account of persistent tight product availability coupled with improved regional buying trends. FOB Korea prices were assessed at the USD 860/mt levels, a day on day rise........
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Propylene prices gain in Asia on Wednesday

On 16 Jan 2020 at 09:30 IST

Propylene prices inched higher in Asia on Wednesday. Reports of constrained product avails, on an account of unplanned cracker shutdowns, helped propylene sellers to raise their prices higher across the Asian regions. The price rise was further supported, by........
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2-EH units brought on-stream by Shandong Jianlan

On 16 Jan 2020 at 08:15 IST

Shandong Jianlan Chemical, has restarted its 2-ethylhexanol (2-EH) units following a maintenance work.A Polymerupdate source in China informed that, the company has resumed operations at the units on January 14, 2020. The units were shut for catalyst change........
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HDPE, LDPE and LLDPE prices witness a rise in Asia.

On 15 Jan 2020 at 17:00 IST

Let’s start with energy news:Crude oil prices edged marginally higher on Tuesday, on an optimism over global economic growth, as both the U.S and China are all set to sign the long-awaited Phase one trade deal. WTI crude prices inched higher by 15 cents,........
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Ethylene prices continue to quote higher in Asia

On 15 Jan 2020 at 09:30 IST

On Tuesday, reports of persistent strong demand trends and constrained regional product avails, pushed ethylene prices higher in Asia. CFR North East Asia ethylene prices were assessed up at the USD 810/mt levels, a day on day increase of USD 10/mt.CFR South........
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Methanol plant taken off-stream by Kaveh Methanol

On 15 Jan 2020 at 08:40 IST

Kaveh Methanol Company, has shut its methanol plant owing to shortage of natural gas feedstock.A Polymerupdate source in Iran informed that, the company has halted operations at its Methanol plant on January 12, 2020. Further details on duration of the........
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Crude oil futures decline on Monday.

On 14 Jan 2020 at 17:00 IST

Let’s start with energy and feedstock news: Crude oil futures dropped on Monday, owing to an ease of the geopolitical tensions in the Middle East. WTI crude prices declined by 96 cents, finishing at $58.08 per barrel, while Brent futures fell by 78 cents,........
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SM prices quote higher in Asia

On 14 Jan 2020 at 09:30 IST

Stronger upstream benzene values and a lift in demand trends in major markets like China, pushed SM prices higher in Asia, on Monday. Reports of limited product availability, further supported the price gain.FOB Korea SM prices were assessed up at the USD........
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Unplanned outage reported at Methanol plant of QAFAC

On 14 Jan 2020 at 09:00 IST

Qatar Fuel Additives Co (QAFAC), had undertaken an unplanned shutdown at its methanol plant owing to technical issues.A Polymerupdate source in Qatar informed that, the company halted operations at the plant on January 4, 2020. Further details on duration of........
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Ethylene and Propylene prices bolster higher in Asia last week

On 13 Jan 2020 at 17:00 IST

Let’s start with energy and feedstock news:Crude oil prices edged lower last Friday, owing to an ease in the tensions between the U.S and Iran and rising crude oil inventories leading to ample supply. Brent futures fell by 39 cents, settling at $64.98 per........
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Benzene prices drift lower in Asia

On 13 Jan 2020 at 09:30 IST

Last week, benzene prices drifted lower in Asia. Bearish upstream crude values and weaker buying sentiments, forced sellers to reduce their prices lower across the Asian regions. On Friday, benzene prices were assessed at the USD 720/mt FOB Korea levels, a........
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CPC eyes turnaround at No. 3 Cracker

On 13 Jan 2020 at 09:20 IST

CPC Corp, is in plans to shut its No. 3 cracker for a maintenance turnaround.A Polymerupdate source in Taiwan, informed that, the company has schedule to commence a turnaround at the cracker, in mid-February 2020. The cracker is likely to remain off-stream........
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