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BLOGS - ALL PRODUCT NEWS

SM prices bolster higher in Asia

On 24 Oct 2020 at 08:30 IST

SM prices raced higher in Asia this week. The sharp price gain was attributed to persistent bullish regional buying sentiments and firmer benzene feedstock values.Reports of tight product avails and stronger downstream product demand and pricing trends........
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SCG to start maintenance turnaround at PP unit

On 23 Oct 2020 at 08:40 IST

Map Ta Phut Olefins, part of SCG Chemicals is in plans to shut its Polypropylene (PP) unit.A Polymerupdate source in Thailand informed that, the company is likely to start turnaround at the unit in early-November, 2020. The unit is slated to remain under........
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Ethylene prices drift lower in Asia on Thursday

On 23 Oct 2020 at 08:30 IST

Ethylene prices drifted sharply lower in Asia on Thursday. The sharp price fall was mainly on account of a plunge in upstream crude values on Wednesday and plentiful regional product availability.Reports of dull regional buying sentiments further supported........
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Crude oil prices plunge on Wednesday

On 22 Oct 2020 at 16:35 IST

Let's start with energy and feedstock news:Crude oil prices plunged 4% on Tuesday on the back of a rise in the gasoline inventories in the U.S.A. The price fall was further supported by rising pandemic cases worldwide and extension of lockdowns, rekindling........
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Ethylene prices decline in Asia on Wednesday

On 22 Oct 2020 at 08:30 IST

Despite higher upstream crude and naphtha values, Ethylene prices slipped in Asia on Wednesday. Reports of improved product ample regional product availability pressured prices lower in the region.CFR North East Asia ethylene prices were assessed down at the........
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Datang International's PP unit resumes production at PP

On 22 Oct 2020 at 08:15 IST

Datang International Duo Lun Coal Chemical, has restarted its polypropylene (PP) unit following an unplanned outage.A Polymerupdate source in China informed that, the company resumed operations at the unit on October 21, 2020. The unit was shut for unplanned........
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CSPC resumes LDPE production

On 21 Oct 2020 at 09:05 IST

CNOOC and Shell Petrochemicals Co (CSPC), has brought on-stream its low density polyethylene (LDPE) unit following a turnaround.A Polymerupdate source in China informed that, the company resumed operations at the unit on October 18, 2020. The unit was shut........
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Propylene prices slip in parts of Asia on Tuesday

On 21 Oct 2020 at 08:30 IST

On Tuesday, propylene prices declined in some parts of Asia.CFR China propylene prices were assessed lower at the USD 910/mt levels, a day on day fall of USD 10/mt. The price fall was supported by dull buying sentiments in the region and weaker upstream........
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PetroChina Jinxi completes turnaround at PP unit

On 20 Oct 2020 at 09:00 IST

PetroChina Jinxi PC, has restarted its Polypropylene (PP) unit following a maintenance turnaround.A Polymerupdate source in China informed that, the company resumed operations at the unit in mid-October, 2020. The unit was shut for maintenance on July 12,........
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SM prices gallop higher in Asia on Monday

On 20 Oct 2020 at 08:30 IST

On Monday, SM prices witnessed a sharp rise in Asia. Prices firmed, mainly on account of persistent bullish regional buying sentiments and limited product availability. Stronger upstream benzene values, further supported the price rise across the Asian........
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Grand Astor's PS unit shuts for maintenance

On 19 Oct 2020 at 09:15 IST

Grand Astor has undertaken a planned shutdown at its polystyrene (PS) unit.A Polymerupdate source in China informed that the company halted operations at the unit on October 8, 2020. The unit is likely to remain under maintenance till end-October,........
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Benzene prices march higher in Asia

On 19 Oct 2020 at 08:30 IST

Last week, benzene prices witnessed a sharp rise in Asia. The price rise was on the back of stronger regional demand trends coupled with a whopping gain in downstream SM values. FOB Korea benzene prices were at the USD 420/mt FOB Korea levels, a sharp week on........
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Lihe New Material resumes production at PP plant

On 17 Oct 2020 at 08:40 IST

Lihe New Material & Technology, has restarted its polypropylene (PP) plant following an unplanned outage.A Polymerupdate source in China informed that the company resumed operations at the plant on October 15, 2020. The plant was shut for unplanned........
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Propylene prices edge higher in Asia

On 17 Oct 2020 at 08:30 IST

This week, propylene prices inched higher in Asia. Reports of limited product availability in key markets like China supported the price rise. Propylene prices were at the USD 880/mt FOB Korea levels, while CFR China propylene prices were at the USD 920/mt........
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Sinopec-SK Wuhan shuts PP unit for maintenance

On 16 Oct 2020 at 08:40 IST

Sinopec-SK Wuhan Petrochemical, has undertaken a planned shutdown at its polypropylene (PP) unit in Hubei.A Polymerupdate source in China informed that, the company started turnaround at the unit on October 15, 2020. The unit is likely to remain under........
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MEG prices journey northwards in Asia on Thursday

On 16 Oct 2020 at 08:30 IST

On Thursday, MEG prices marched higher in Asia. The price rise was triggered by bullish regional demand trends and tight product avails in the region.The price gain was further supported by stronger MEG futures on the Dalian Commodity Exchange in China. CFR........
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Shin-Etsu declares FM on PVC supplies

On 15 Oct 2020 at 08:40 IST

Shin-Etsu, has issued a force majeure (FM) on supplies of polyvinyl chloride (PVC) from its plant in Pernis.A Polymerupdate source in the Netherlands informed that, the company has declared a FM owing to technical issues on October 13, 2020. Further details........
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SM prices surge in Asia on Wednesday

On 15 Oct 2020 at 08:30 IST

On Wednesday, SM prices witnessed a steep gain in Asia. The sharp price gain was on the back of stronger upstream energy and benzene values, coupled with bullish regional demand trends. FOB Korea SM prices were assessed higher at the USD 750/mt levels, a........
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CP Chemical resumes production at Port Arthur cracker

On 14 Oct 2020 at 08:40 IST

Chevron Phillips Chemical (CP Chemical), has brought on-stream its cracker following an unplanned outage. A Polymerupdate source in the US informed that, the company resumed operations at the cracker on October 11, 2020. The cracker was shut on October 9,........
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SM prices spike in Asia on Tuesday

On 14 Oct 2020 at 08:30 IST

On Tuesday, SM prices witnessed a sharp rise in Asia. Prices firmed, mainly on account of bullish regional buying sentiments and high upstream costs. FOB Korea SM prices were assessed up at the USD 710/mt levels, a spike of USD 30/mt from Monday's assessed........
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Crude oil prices plunge over 2.8% on Monday

On 13 Oct 2020 at 16:40 IST

Let's start with energy and feedstock news:Crude oil prices plunged over 2.8% on Monday as Libya's state-owned National Oil Corporation lifted the Force majeure (FM) on Sharara, the nation's top-producing oil field. Also, the end of the Norwegian strike that........
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JG Summit resumes production at PP unit

On 13 Oct 2020 at 08:40 IST

JG Summit Petrochemical, has restarted its polypropylene (PP) plant following a maintenance turnaround.A Polymerupdate source in Philippines informed that, the company resumed operations at the plant in early-October, 2020. The plant was shut on September 25,........
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Ethylene prices edge lower in Asia on Monday

On 13 Oct 2020 at 08:30 IST

On Monday, Ethylene prices were assessed lower in Asia. The price fall was supported by weaker upstream energy values and improved regional product availability.CFR South East Asia prices were down at the USD 820/mt levels, a drop of USD 5/mt from last........
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Zhejiang Wankai starts maintenance at PET plant

On 12 Oct 2020 at 09:10 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 October 7, 2020. Further details on........
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Butadiene prices bolster higher in Asia

On 12 Oct 2020 at 08:30 IST

Last week, Butadiene prices marched higher in Asia. The sharp price gain was attributed to tight product availability and stronger downstream product pricing trends.On Friday, FOB Korea prices of butadiene were assessed at the USD 835/mt, while CFR China........
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Chemplast resumes production at Cuddalore PVC unit

On 10 Oct 2020 at 08:40 IST

Chemplast Sanmar, has restarted its Cuddalore's Polyvinylchloride (PVC) unit following a planned outage.A Polymerupdate source in India informed that, the company resumed production at the unit on October 1, 2020. The unit was shut for maintenance on........
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MEG prices edge higher in Asia

On 10 Oct 2020 at 08:30 IST

MEG prices inched higher in Asia this week. The price rise was supported by improved buying sentiments in key markets like China, following the week-long National Day holidays.The price gain was further supported by stronger MEG futures on the Dalian........
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JG Summit's HDPE plant resumes production

On 09 Oct 2020 at 08:40 IST

JG Summit Petrochemical, has brought on-stream its High density polyethylene (HDPE) plant following an unplanned outage. A Polymerupdate source in Philippines informed that, the company resumed operations at the plant on October 5, 2020. The plant was shut on........
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SM prices edge higher in Asia on Thursday

On 09 Oct 2020 at 08:30 IST

SM prices gained in Asia on Thursday. The price gain was supported by improved regional buying inquiries and higher upstream benzene values.FOB Korea SM prices were assessed higher at the USD 665/mt levels, a day on day increase of USD 5/mt. CFR China SM........
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JG Summit resumes production at Naphtha cracker

On 08 Oct 2020 at 09:15 IST

JG Summit Petrochemical Corp, has brought on-stream its Naphtha-fed steam cracker following an unplanned outage.A Polymerupdate source in the Philippines informed that, the company resumed operations at the cracker on October 5, 2020. The cracker was shut........
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