BLOGS - ALL PRODUCT NEWS

	Ethylene prices rise sharply in Asia on Monday. On 22 Jan 2019 at 15:00 IST Let’s start with energy and feedstock news: Brent crude futures inched higher on Monday on the back of reports of a fall in active oil rigs in the US. Brent crude finished at $ 62.74, a marginal gain of 4 cents per barrel. There was no floor tradin... Continue Reading...
	Polymerupdate and PolymerExchange now have a physical presence in Europe. On 22 Jan 2019 at 11:00 IST Turkey remains a robust transcontinental business hub for polymer trade and serves as a vital and vibrant gateway to the rest of Europe. The domestic petrochemical markets remain hungry for credible price asses... Continue Reading...
	Asian ethylene prices bolster higher on Monday On 22 Jan 2019 at 09:00 IST Ethylene prices in Asia leapt higher on Monday. The steep price rise was triggered by higher upstream costs and strong buying trends in major markets like China. Reports of persistent tight regional product avails further pushed prices higher in Asia. ... Continue Reading...
	Shenhua Ningxia resumes production at LLDPE plant On 22 Jan 2019 at 08:20 IST Shenhua Ningxia coal has brought on-stream its linear low density polyethylene (LLDPE) plant following an unplanned outage. A Polymerupdate source informed that the company has resumed operations at the plant on January 19, 2019. The unit remained off-lin... Continue Reading...
	LLDPE, PP and PVC futures rise on the Dalian Commodity Exchange in China. On 21 Jan 2019 at 16:00 IST Let’s start with energy and feedstock news: Crude futures spiked last Friday as China proposed a trillion-dollar buying spree to resolve trade tensions with the world’s biggest economy. Brent finished at $ 62.70, a sharp rise of USD 1.52 per barrel... Continue Reading...
	Propylene prices drop in parts of Asia On 21 Jan 2019 at 09:00 IST Propylene prices drifted lower in some parts of Asia last week. CFR China prices of propylene were assessed at the USD 955/mt levels, a week on week fall of USD 20/mt. The price decline was mainly on account of dull regional buying sentiments. FOB ... Continue Reading...
	OCTAL eyes to restart PET plant On 21 Jan 2019 at 08:20 IST OCTAL is likely to brought on-stream its polyethylene terephthalate (PET) plant in Salalah. A Polymerupdate source in Oman informed that the company has planned to complete turnaround at the plant in early-February, 2019. The plant was shut for maintenanc... Continue Reading...
	Ethylene prices march higher in Asia on Thursday On 18 Jan 2019 at 15:30 IST Let’s start with energy and feedstock news: Crude futures edged lower on Thursday on concerns over rising U.S. crude production and slack global demand. WTI traded at $ 52.07, a marginal fall of 46 cents per barrel while Brent finished at $ 61.18, ... Continue Reading...
	Open spec naphtha prices rise on Wednesday On 17 Jan 2019 at 15:45 IST According to Vandana Hari of Vanda Insights – Crude futures were weakening early Thursday in Asia, as the recent recovery in investor optimism remained fragile and oil market fundamentals did not offer much support either, given a major build in U... Continue Reading...
	PP PRICE FORECAST: WEEK 3, JANUARY 2019 On 16 Jan 2019 at 18:30 IST Our forecasted PP CFR Far East Asia prices for Week 3 of January, done using of Artificial Intelligence and Machine Learning, had predicted a fairly accurate price rise in the case of Injection/Raffia, Film, BOPP and Block Copolymer. Forecasted prices fo... Continue Reading...