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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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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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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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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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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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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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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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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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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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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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