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Asian ethylene prices fall on Thursday

On 20 Jul 2018 at 09:00 IST

Ethylene prices in Asia down adjusted on Thursday. The price fall was triggered by bearish upstream naphtha values, tight product availability and poor buying interest across the Asian region.
Weaker downstream PE demand and pricing trends further suppor
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Methanol plant brought on-stream by Changqing Energy

On 20 Jul 2018 at 08:20 IST

Shaanxi Changqing Energy has restarted its methanol plant following an unplanned shutdown.
A Polymerupdate source in China informed that the company has resumed operations at the plant on July 19, 2018. The plant was shut on July 10, 2018 owing to technic
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Polypropylene (PP) prices fall 5-15$ in Asia

On 19 Jul 2018 at 09:00 IST

Polypropylene prices slipped in Asia this week. Price fell on account of a number of bearish triggers including bearish upstream crude and naphtha prices coupled with extremely dull demand trends across Asia,
CFR Far East Asia prices of PP raffia and PP i
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PTTGC to shut LLDPE plant

On 19 Jul 2018 at 08:20 IST

PTT Global Chemical (PTTGC) is in plans to shut its No.1 linear low density polyethylene (LLDPE) unit at Map Ta Phut.
A Polymerupdate source in Thailand informed that the company is likely to shut the unit for maintenance on July 19, 2018. The unit is lik
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SM prices in Asia witness a fall

On 18 Jul 2018 at 10:00 IST

SM prices in Asia on Tuesday declined. The price fall was on the back of sluggish buying trends in key markets like China coupled with a decline in feedstock benzene prices.
A tumble in upstream crude values on Monday further supported the price fall.
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MEG prices quote higher in Asia

On 17 Jul 2018 at 09:00 IST

MEG prices inched higher in Asia on Monday. The price rise was prompted by higher upstream ethylene rates and improved regional buying sentiments.
MEG prices of were assessed up at the USD 905/mt CFR China levels, a gain of USD 5/mt from last Friday’s as
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LDPE unit taken off-stream by Sinopec Maoming

On 17 Jul 2018 at 08:20 IST

Sinopec Maoming Petrochemical has shut its No. 2 low density polyethylene (LDPE) unit for a brief maintenance.
A Polymerupdate source in China informed that the unit was shut for a maintenance turnaround on July 14, 2018. It is likely to resume production
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Propylene prices drift lower in Asia

On 16 Jul 2018 at 09:00 IST

Bearish upstream energy costs, poor buying sentiments coupled with bearish downstream PP demand and pricing trends, together pulled propylene prices lower across the Asian region last week.
FOB Korea prices of propylene were assessed at the USD 1030/mt l
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Huabei Petrochemical plans to restart PP unit

On 16 Jul 2018 at 08:20 IST

Huabei Petrochemical is likely to restart a polypropylene (PP) unit in Hebei.
A Polymerupdate source in China informed that the company has planned to complete turnaround at the unit in mid-September 2018. The unit was shut for maintenance in early-July 2
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Propylene prices witness a fall on Thursday

On 13 Jul 2018 at 09:00 IST

Propylene prices slipped on Thursday in Asia. The price fall was triggered by a plunge in crude prices on Wednesday coupled with dull buying trends across the Asian region. Weaker downstream PP demand and pricing trends further supported the price drop.
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