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BLOGS - ALL PRODUCT NEWS

India halts anti-dumping investigations of MEG from Saudi Arabia

On 24 Nov 2020 at 15:45 IST

As per the government orders released late on Nov 23, India has decided to terminate its decision on the anti-dumping investigation into ethylene glycol (MEG). The decision was made after Reliance Industries (RIL) made a request to stop the investigation........
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Zhejiang Wankai starts maintenance at PET plant

On 24 Nov 2020 at 14:15 IST

Zhejiang Wankai New Materials Co has undertake a planned shutdown at its polyethylene terephthalate (PET) plant in Haining.A Polymerupdate source in China informed that the company started turnaround at the plant on November 17, 2020. Further details on........
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Sinopec Baling shuts SM plant for maintenance

On 24 Nov 2020 at 08:40 IST

Sinopec Baling Petrochemical has undertaken a planned shutdown at its styrene monomer (SM) plant.A Polymerupdate source in China informed that the company halted operations at the plant for maintenance in mid-November, 2020. The exact duration of the shutdown........
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Ethylene prices climb higher in Asia on Monday

On 24 Nov 2020 at 08:30 IST

On Monday, Ethylene prices witnessed a rise in Asia. The price gain was prompted by stronger regional demand trends and limited product avails in the region. Higher upstream energy values further supported the price rise in Asia.CFR North East Asia ethylene........
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Eneos to shut Kawasaki cracker

On 23 Nov 2020 at 10:10 IST

Eneos Corporation, is in plans to take off-stream its cracker for unplanned maintenance work.A Polymerupdate source in Japan informed that, the company is likely to halt operations at the cracker in early-December 2020. The crakcer is likely to remain........
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Butadiene prices march higher in Asia

On 23 Nov 2020 at 08:30 IST

Last week, Butadiene prices climbed higher in Asia. The price gain was triggered by continued tight product availability, stronger regional buying sentiments, coupled with bullish downstream ABS demand and pricing trends.On Friday, FOB Korea prices of........
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Ethylene prices spike in Asia

On 21 Nov 2020 at 08:40 IST

Ethylene prices surge in Asia this week. Reports of limited product avails and stronger regional buying sentiments, together helped ethylene sellers to raise their prices sharply higher across the Asian regions.Firm downstream PE demand and pricing trends........
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PVC prices firm up in Europe

On 20 Nov 2020 at 15:45 IST

This week, PVC prices marched higher in Europe. The price rise was triggered by continued tight regional product availability and bullish demand trends.A PVC trader while in conversation with a Polymerupdate team member said, "PVC prices are likely to remain........
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EDC and VCM prices climb in Europe

On 20 Nov 2020 at 14:52 IST

This week, EDC and VCM prices climbed higher in Europe. The price rise was prompted by higher upstream ethylene values and stronger regional buying sentiments, coupled with bullish downstream PVC demand and pricing trends. Reports of continued tight product........
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Tianjin LG Bohai cuts PVC run rates

On 20 Nov 2020 at 08:40 IST

Tianjin LG Bohai Chemical, is presently running its polyvinyl chloride (PVC) unit at lower run rates.A Polymerupdate source in China informed that, the company has reduced run rates at is unit in early-November, 2020.Located at Dagu, China, the PVC unit has a........
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Propylene prices climb in Asia on Thursday

On 20 Nov 2020 at 08:30 IST

On Thursday, propylene prices climbed higher in Asia. The price rise was mainly on account of high upstream costs and improved regional demand trends.The price gain was further supported by stronger downstream PP demand and pricing trends. CFR China propylene........
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Crude oil prices climb higher on Wednesday

On 19 Nov 2020 at 14:10 IST

Let's start with energy and feedstock news:Oil prices gained on Wednesday on optimism that the OPEC and its allies are expected to delay the earlier planned increase in the oil output. Also, Pfizer’s statement that its vaccine to combat the pandemic was now........
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Sinopec Yangzi resumes production at No. 3 PP unit

On 19 Nov 2020 at 08:40 IST

Sinopec Yangzi Petrochemical, has brought on-stream its No. 3 polypropylene (PP) unit following a planned outage.A Polymerupdate source in China informed that, the company resumed operations at the unit in mid-November, 2020. The unit was shut for maintenance........
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Ethylene prices march higher in Asia on Wednesday

On 19 Nov 2020 at 08:30 IST

Ethylene prices gained in Asia on Wednesday. Reports of tight regional product availability, coupled with stronger downstream PE demand and pricing trends in key markets like China, supported the price rise in Asia.CFR North East Asia ethylene prices were........
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Polyvinylchloride (PVC) prices bolster higher in Asia

On 18 Nov 2020 at 15:45 IST

PVC prices spiked across the Asian regions this week. The sharp price gain was on the back of persistent bullish regional demand trends and tight product availability. A sharp rise in import offers from the overseas suppliers and deals done at higher price........
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Lotte Chemical likely to resume PET production

On 18 Nov 2020 at 08:40 IST

Lotte Chemical, is in plans to bring on-stream its Polyethylene Terephthalate (PET) unit following a turnaround.A Polymerupdate source in South Korea informed that, the company is likely to resume operations at the unit early this week. The unit was shut for........
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SM prices gain in Asia on Tuesday

On 18 Nov 2020 at 08:30 IST

On Tuesday, SM prices witnessed a rise in Asia. Prices firmed, mainly on account of stronger upstream energy and benzene values, coupled with bullish regional demand trends.Reports of persistent tight regional product avails further supported the price........
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Benzene prices gallop higher in Asia

On 17 Nov 2020 at 08:30 IST

Last week, Benzene prices bolstered higher in Asia. The steep price gain was on the back of stronger regional demand trends coupled with a surge in downstream SM rates. A week on week rise in upstream energy rates, further supported the price rise.FOB Korea........
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HDC Hyundai's PS to be shut for maintenance

On 17 Nov 2020 at 08:30 IST

HDC Hyundai EP is in plans to shut its Polystyrene (PS) for a maintenance turnaround.A Polymerupdate source in South Korea informed that the plant is planned to be shut for maintenance in second half of November 2020. It is expected to remain off-line till........
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Open spec naphtha prices drop on Thursday

On 13 Nov 2020 at 16:55 IST

Let's start with energy and feedstock news:Crude oil prices slipped on Thursday, after the Energy Information Administration (EIA) reported a build in the crude oil inventories. Brent crude prices declined by 27 cents settling at $43.53 per barrel, while WTI........
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Spot PP prices quote higher in Europe

On 13 Nov 2020 at 15:00 IST

PP spot prices were assessed higher in Europe, this week. Reports of a lift in demand trends and constrained regional product availability, together supported the price gain.A PP trader while in conversation with a Polymerupdate team member said, "buying........
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KKPC to undertake maintenance at PS unit

On 13 Nov 2020 at 08:40 IST

Korea Kumho Petrochemical Co (KKPC), is in plans to take off-stream a Polystyrene (PS) unit.A Polymerupdate source in South Korea, informed that the company is likely to start a turnaround at the unit by end-November, 2020. The unit is expected to remain........
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Ethylene prices gallop higher in Asia on Thursday

On 13 Nov 2020 at 08:30 IST

Ethylene prices bolstered higher in Asia on Thursday. The steep price rise was triggered by bullish upstream crude and naphtha values, coupled with stronger regional demand trends. CFR North East Asia ethylene prices were assessed up at the USD 850/mt levels,........
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SM prices rise in Asia on Wednesday

On 12 Nov 2020 at 08:30 IST

On Wednesday, SM prices inched higher in Asia. The price gain was on the back of stronger upstream energy and benzene values, coupled with bullish regional demand trends. Reports of continued tight regional product availability further supported the price........
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Polypropylene (PP) prices climb in SEA and SA

On 11 Nov 2020 at 15:00 IST

This week, PP prices gained in the South East and South Asian regions. The price rise was supported by stronger regional buying sentiments and bullish upstream energy and propylene values, coupled with higher import offers from overseas suppliers.In Southeast........
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Jiangsu Leasty starts maintenance at No.1 SM unit

On 11 Nov 2020 at 08:40 IST

Jiangsu Leasty Chemical has shut its No.1 styrene monomer (SM) unit for a maintenance turnaround.A Polymerupdate source in China informed that, the company has commenced turnaround at the unit on November 10, 2020. Further details on duation of the shutdown........
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Propylene prices march higher in Asia on Tuesday

On 11 Nov 2020 at 08:30 IST

Propylene prices firmed in Asia on Tuesday. The price rise was supported by firmer upstream energy rates and limited product avails, owing to an unplanned shutdown at LG's craker located at Yeosu, South Korea.CFR China propylene prices were assessed at the........
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Crude oil prices surge over 8.4% on Monday

On 10 Nov 2020 at 16:35 IST

Let's start with energy and feedstock newsCrude oil prices surged over 8.4% on Monday following a breakthrough announcement from vaccine developers Pfizer and BioNTech to expect optimal results for its vaccine to combat the pandemic. Also, weakening of the........
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IOCL's PP unit resumes production

On 10 Nov 2020 at 08:40 IST

Indian Oil Corporation Ltd (IOCL) has brought on-stream its one of the two polypropylene (PP) unit in Paradip. A Polymerupdate source in India informed that, the company recently resumed operations at the unit following an unplanned outage. The unit was shut........
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Ethylene prices climb higher in Asia on Monday

On 10 Nov 2020 at 08:30 IST

On Monday, Ethylene prices witnessed a rise in Asia. The price gain was prompted by stronger regional demand trends and limited product avails in the region. CFR North East Asia ethylene prices were assessed higher at the USD 765/mt levels, a sharp rise of........
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