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On 02 Apr 2020 at 08:30
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On Wednesday, propylene prices witnessed a sharp fall in Asia. Prices tumbled, mainly on account of continued bearish regional buying trends, coupled with weaker upstream crude and naphtha values.A plunge in downstream PP rates, further supported the price........
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On 02 Apr 2020 at 08:20
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Hangjin Technology Co, has undertaken an unplanned shutdown at its propylene oxide (PO) unit.A Polymerupdate source in China informed that, the company halted operations at the unit on April 1, 2020. The exact duration of the outage could not be........
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On 01 Apr 2020 at 17:15
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Let’s start with energy and feedstock news:Crude futures displayed a mixed undertone on Tuesday. WTI futures rose, after China on Tuesday reported a strong manufacturing data. Brent crude prices inched lower, as the API on Tuesday reported a crude oil........
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On 01 Apr 2020 at 08:40
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Ningbo Zhenyang, has taken off-stream its methyl isobutyl ketone (MIBK) plant.A polymerupdate source in China informed that, the company has recently halted operations at the plant owing to weak economic fundamentals. The exact duration of the shutdown could........
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On 01 Apr 2020 at 08:30
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Ethylene prices witnessed a drop in Asia, on Tuesday. The price fall was triggered by dampened demand trends in the region, coupled with bearish upstream crude and naphtha values. Persistent weaker downstream PE demand and pricing trends, further supported........
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On 31 Mar 2020 at 18:00
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Let's start with energy and feedstock news:Crude oil prices crashed on Monday to the lowest recorded levels in 18 years, as the COVID-19 pandemic continues to cripple the fuel and energy demand globally. Also, no signs of optimism from Saudi Arabia to step........
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On 31 Mar 2020 at 08:40
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Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC), has shut its Toluene diisocyanate (TDI) units at Bharuch & Dahej.A Polymerupdate source in India informed that, the company has halted operations at the units last week owing to a nation-wide lockdown........
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On 31 Mar 2020 at 08:30
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A steep fall in upstream crude and naphtha values, coupled with continued poor demand trends across the Asian regions, owing to the wide spreading Coronavirus, forced propylene sellers to reduce their prices lower. Weaker downstream PP demand and pricing........
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On 30 Mar 2020 at 17:30
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Let's start with energy and feedstock news:Crude oil prices slumped last Friday, as the travel restrictions and lockdowns levied by the governments globally to contain spread of the COVID-19 snapped the crude oil demand, leaving the market with surplus amount........
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On 30 Mar 2020 at 08:30
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Benzene prices in Asia collapsed, last week. The steep price fall was on the back of a plunge in upstream energy and downstream SM rates.Sluggish demand trends and weak global cues, further supported the price drop.FOB Korea benzene prices were assessed lower........
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On 30 Mar 2020 at 08:20
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Borouge, has brought on-stream its No. 1 cracker following a turnaround.A Polymerupdate source based in the Middle East informed that, the company resumed operations at its cracker in mid-March, 2020. The cracker remained under maintenance for around one........
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On 27 Mar 2020 at 17:15
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Let's start with energy and feedstock news:Crude oil prices declined sharply on Thursday after three consecutive sessions of a rise, on the back of dipping demand for crude oil owing to the restrictions on movement for masses globally to contain the spread of........
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On 27 Mar 2020 at 08:20
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Gujarat State Fertilizer & Chemical (GSFC), has taken off-stream its melamine units owing to a forced lockdown pan India, by the Indian government.A domestic Polymerupdate source informed that, the company halted operations at the units on March 25, 2020. The........
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On 27 Mar 2020 at 08:00
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On Thursday, sluggish buying sentiments and weaker downstream PP demand and pricing trends, pulled propylene prices lower in Asia.FOB Korea propylene prices were at the USD 670/mt levels, a day on day fall of USD 15/mt. CFR China propylene prices were at the........
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On 26 Mar 2020 at 17:00
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Let's start with energy news:Crude oil prices rose on Wednesday, followed by an agreement between the White House and Senate leaders of both major political parties on approval of the USD 2 trillion Coronavirus aid package. Brent futures rose by 24 cents........
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On 26 Mar 2020 at 08:40
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Shandong Chambroad Petrochemicals, has taken its No.1 propylene unit off-stream for a turnaround.A Polymerupdate source in China informed that, the company has started maintenance at the plant on March 25, 2020. The plant is likely to resume production on May........
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On 26 Mar 2020 at 08:30
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On Wednesday, Styrenemonomer (SM) prices drifted steeply lower in Asia. The price fall was attributed to bearish upstream energy and benzene values, coupled with sluggish regional buying senitments. FOB Korea SM prices were assessed down at the UDS 510/mt........
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On 25 Mar 2020 at 18:00
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Let's start with energy and feedstock news:Crude oil prices gained more than 2% on Tuesday, as the API on Tuesday reported a crude oil inventory draw. Also, hopes of the U.S. Federal Reserve to strengthen the crippling economy and optimism for the United........
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On 25 Mar 2020 at 08:40
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Xinneng Fenghuang (Tengzhou) Energy Company, has taken off-stream its all methanol units in Tengzhou, Shandong province.A Polymerupdate source in China informed that, the company has halted operations at the units on March 24, 2019 owing to technical issues.........
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On 25 Mar 2020 at 08:30
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Ethylene prices witnessed a drop in Asia, on Tuesday. Prices fell, as demand trends continued to remain bearish coupled with weaker upstream crude and naphtha values. Weaker downstream PE demand and pricing trends, further supported the price drop.CFR North........
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On 24 Mar 2020 at 17:15
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Let's start with energy news:Crude oil prices rebounded marginally on Monday, on hopes for the United States to conclude a deal for the COVID-19 pandemic aid platform, that could possibly lend a hand to blur out the devastating economic impact of the viral........
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On 24 Mar 2020 at 09:30
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Propylene prices in Asia tumbled on Monday. A steep fall in upstream crude and naphtha values, coupled with continued poor demand trend across the Asian regions, owing to the wide spreading Coronavirus, forced propylene sellers to reduce their prices lower.........
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On 24 Mar 2020 at 08:00
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Xiang Lu Petrochemical, has restarted its polypropylene (PP) plant following a turnaround.A Polymerupdate source in China informed that, the company has resumed operations at the plant on March 19, 2020. The plant remained under maintenance for around 10........
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On 23 Mar 2020 at 17:15
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Let's start with energy and feedstock news:Crude oil prices plunged more than 10% on Friday, after the wide-spreading viral COVID-19 outbreak clouded the global demand for crude oil, following lockdowns and travel restrictions in various countries across the........
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On 23 Mar 2020 at 09:30
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Benzene prices in Asia witnessed a steep fall, last week. Prices tumbled, as buying sentiments continued to remain sluggish across the Asian regions coupled with bearish upstream crude and downstream SM rates.Sluggish global cues, further supported the price........
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On 23 Mar 2020 at 08:20
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Sinopec Mitsui Chemicals, is presently running its Bisphenol A (BPA) plant at curtailed capacity levels.A Polymerupdate source in China informed that, the company cut down run rates at its plant, to around 80-85% of production capacity levels on March 18,........
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On 20 Mar 2020 at 09:30
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SM prices collapsed in Asia on Thursday. Prices plunged, as demand trends continued to remain sluggish across the Asian regions.The steep price fall was further supported by a tumble in upstream crude and benzene values.FOB Korea SM prices were assessed lower........
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On 20 Mar 2020 at 08:20
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Celanese Corporation, has restarted its Vinyl acetate monomer (VAM) unit in Singapore.A Polymerupdate source in Singapore informed that, the company has resumed operations at the unit on March 16, 2020. The unit was shut since February 4, 2020 following a........
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On 19 Mar 2020 at 09:30
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SM prices collapsed in Asia, on Wednesday. Prices plunged, as demand trends continued to remain sluggish across the Asian regions. The steep price fall was further supported by a tumble in upstream crude and benzene values. FOB Korea SM prices were assessed........
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On 19 Mar 2020 at 08:20
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BP Zhuhai, has taken off-stream its No. 3 purified terephthalic acid (PTA) plant for a maintenance turnaround.A Polymerupdate source in China informed that, the company halted operations at the plant on March 14, 2020. The plant is slated to remain off-line........
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