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Crude oil prices gain on Monday.

On 19 Mar 2019 at 16:00 IST

Let’s start with energy and feedstock news:
Crude futures gained on Monday. The price rise was supported by supply cuts led by OPEC members. US sanctions against Iran and Venezuela are also increasing crude oil prices. Brent crude finished at $ 67.
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Propylene prices decline last week.

On 18 Mar 2019 at 16:00 IST

Let’s start with energy and feedstock news:
Crude oil prices edged lower last Friday as a widespread economic slowdown, which may dent growth in demand for fuel, weighed on energy prices. Brent finished at $ 67.16, a decline of 7 cents per barrel w
...
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Propylene prices slip in Asia

On 18 Mar 2019 at 09:00 IST

Despite firmer upstream crude and naphtha rates, propylene prices dropped in Asia last week. Prices slipped mainly on account of sufficient product availability coupled with softer regional buying interest.
FOB Korea prices of propylene were assessed at
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Borouge resumes production at No. 3 cracker

On 18 Mar 2019 at 08:20 IST

Borouge has brought on-stream its No. 3 cracker following a maintenance turnaround.
A Polymerupdate source based in the Middle East informed that the company has completed turnaround at its cracker last week. The cracker was shut for maintenance on Januar
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Open spec naphtha prices rise sharply in Asia.

On 15 Mar 2019 at 16:00 IST

Let’s start with energy news:
Crude futures displayed a mixed undertone on Thursday. WTI futures gained on the back of ongoing supply cuts led by OPEC and US sanctions on Venezuela and Iran. Brent crude prices slipped on concerns that an economic s
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PTA prices witness a rise in Asia on Thursday

On 15 Mar 2019 at 09:00 IST

PTA prices in Asia climbed higher on Thursday.
Reports of a lift in buying trends and gains recorded in upstream PX rates, together supported the price rise across the Asian region.
CFR China prices of PTA were assessed up at the USD 855/mt levels,
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PDH plant brought on-stream by Hyosung Corp

On 15 Mar 2019 at 08:20 IST

Hyosung Corp has completed a maintenance turnaround at its propane dehydrogenation (PDH) plant following a turnaround.
A Polymerupdate source in South Korea informed that the company has resumed operations at the plant in mid-March 2019. The plant was tak
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Domestic producers slash PVC prices by Rs.3 per kg basic w.e.f. March 14, 2019.

On 14 Mar 2019 at 16:00 IST

Let’s start with domestic market news:
-Domestic producers have reduced PVC prices by Rs.3/kg basic with effect from March 14, 2019. Prices protections have also been withdrawn.
-Local producers have rolled over PP and PE prices with effect fr
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Polypropylene (PP) prices climb in FEA and SA

On 14 Mar 2019 at 09:00 IST

PP prices gained in the Far East and South Asian regions this week. Prices gained mainly on account of stronger import offers from overseas suppliers and deals concluded at higher price levels in the region. Reports of limited product availability further supp...
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Taita Chemicals eyes maintenance at ABS plant

On 14 Mar 2019 at 08:20 IST

Taita Chemical is in plans to shut an acrylonitrile butadiene styrene (ABS) unit for maintenance.
A Polymerupdate source in Taiwan informed that the company is likely to commence turnaround at the unit in mid-April, 2019. The plant is expected to remain u
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