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Benzene prices bolster higher in Asia

On 23 Sep 2019 at 09:30 IST

Last week, stronger upstream crude values and a lift in demand trends, uplifted benzene prices higher in Asia.
Higher downstream SM rates, further supported the price rise.
On Friday, benzene prices were assessed at the USD 735/mt FOB Korea levels,
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Lotte Chemical plans maintenance at Ulsan PET plant

On 23 Sep 2019 at 08:20 IST

Lotte Chemical is likely to shut its Polyethylene Terephthalate (PET) plant for a turnaround.
A Polymerupdate source in South Korea informed that the company has planned to halt operations at the plant in end-October, 2019. The plant is intended to remain
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MEG prices spike in Asia

On 21 Sep 2019 at 09:30 IST

This week, MEG prices surged in Asia.
The steep price rise, was supported by firmer upstream ethylene values and higher fellow polyester PTA feedstock rates.
CFR China MEG prices, were assessed at the USD 610/mt levels, while CFR South East Asia pri
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Dushanzi Petrochemicals resumes PP production

On 21 Sep 2019 at 08:20 IST

Dushanzi Petrohemicals, has brought on-stream its Polystyrene (PS) plant in Xinjiang.
A Polymerupdate source in China, informed that, the company has resumed operations at the plant on September 20, 2019. The plant remained under maintenance for about two
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Asian ethylene prices bolster higher on Thursday

On 20 Sep 2019 at 09:30 IST

On Thursday, ethylene prices in Asia leapt higher.
Reports of persistent limited product availability, sharply pushed ethylene prices higher across the Asian regions.
CFR North East Asia ethylene prices, were assessed up at the USD 895/mt levels, a
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Tosoh to complete maintenance at VCM unit

On 20 Sep 2019 at 08:20 IST

Tosoh is likely to resume operations at its vinyl chloride monomer (VCM) unit following a turnaround.
A Polymerupdate source in Japan informed that the company has planned to restart the plant in next week. The plant was shut for maintenance on September
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Domestic producers increase PP, PE and PVC prices w.e.f. September 19, 2019.

On 19 Sep 2019 at 18:00 IST

Let’s start with energy and feedstock news:
Crude oil prices continued to fall on Wednesday, amidst signs of Saudi Aramco making a swift recovery from the weekend attack. The Saudi government stated, that half the production knocked out by the atta
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Ethylene prices gain in Asia on Wednesday

On 19 Sep 2019 at 09:30 IST

On Wednesday, ethylene prices climbed higher in Asia.
The price rise, was prompted by constrained product availability across the Asian region, after attacks on Saudi Arabia’s major oil facilities.
CFR North East Asia, ethylene prices were assessed
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Shenhua Baotou shuts coal-to-olefin plant for maintenance

On 19 Sep 2019 at 08:20 IST

Shenhua Baotou, is likely to take off-stream its coal-to-olefin plant in Inner Mongolia.
A Polymerupdate source in China, informed that, the company has commenced a turnaround at the plant on September 16, 2019. The plant is likely to remain shut, till en
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LDPE prices rise in FEA and SEA.

On 18 Sep 2019 at 18:00 IST

Let’s start with energy news:
Crude oil prices tumbled on Tuesday, after the Saudi energy minister, stated the kingdom’s oil supply, to be back on track within weeks, following the attacks over the weekend on Saudi’s oil industry, that disrupted th
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