16 May 2025

TOP NEWS

Supreme Petrochem Limited (SPL) increases Polystyrene (PS) prices in the domestic markets of India

18 May 2025 08:30 IST

Crude oil surges to settle near 3-week high amid short covering, despite persistent supply pressure

17 May 2025 10:00 IST

Reliance Industries Ltd (RIL) increases Polyethylene Terephthalate (PET) prices in the domestic markets of India

16 May 2025 08:20 IST

High density polyethylene (HDPE) export prices journey northward in the United States

16 May 2025 04:00 IST

WEEKLY POLYMER PRICES
	Date	Price (Min/Max)
Polypropylene Film CFR South East Asia	14 May 2025	- USD/MT
PVC Suspension CFR GCC	12 May 2025	- USD/MT
HDPE Film FD NWE	16 May 2025	- Euro/MT
LDPE Film CFR Brazil	16 May 2025	- USD/MT
PS GPPS FAS HOUSTON	16 May 2025	- USD/MT

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BREAKING NEWS

News - 17 May 2025 10:00 IST

Crude oil surges to settle near 3-week high amid short covering, despite persistent supply pressure

Crude oil prices reversed a three-day decline, gaining 1.4 percent on Friday due to short covering, as investors cautiously built positions at lower levels amid temporarily easing United States-China trade tensions. Iran’s willingness to sign a nuclear deal with the United States also bolstered optimism for a recovery in global economic growth and, consequently, crude oil deman...
READ MORE ...

UNITED STATES BOND YIELD OVERVIEW

The United States bond yield is used as a proxy for mortgage rates. It's also seen as a sign of investor sentiment about the economy. A rising yield indicates falling demand for Treasury bonds, which means investors prefer higher-risk, higher-reward investments.

LATEST NEWS UPDATES

Brent

65.41 USD/bbl 0.88 (1.36%)

Prev. Price 64.53 as of 15 May 2025

Nymex RBOB Gasoline Future

214.18 USD/gal 0.74 (0.35%)

Prev. Price 213.44 as of 15 May 2025

WTI Cushing

62.49 USD/bbl 0.87 (1.41%)

Prev. Price 61.62 as of 15 May 2025

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POLYMERUPDATE SUBSCRIBERS

TOP NEWS

Supreme Petrochem Limited (SPL) increases Polystyrene (PS) prices in the domestic markets of India

Crude oil surges to settle near 3-week high amid short covering, despite persistent supply pressure

Reliance Industries Ltd (RIL) increases Polyethylene Terephthalate (PET) prices in the domestic markets of India

High density polyethylene (HDPE) export prices journey northward in the United States

BREAKING NEWS

Crude oil surges to settle near 3-week high amid short covering, despite persistent supply pressure

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UNITED STATES BOND YIELD OVERVIEW

LATEST NEWS UPDATES

Chiripal Industries Limited hikes Polyethylene Terephthalate (PET) prices in the domestic markets of India

Global polymer market synopsis

Formosa Plastics starts maintenance at butyl-A plant

Indian Oil Corporation Ltd (IOCL) hikes Diethylene glycol (DEG) prices in the domestic market of India

Indian Oil Corporation Ltd (IOCL) increases Monoethylene glycol (MEG) prices in the domestic market of India

Indian Oil Corporation Ltd (IOCL) raises Purified terephthalic acid (PTA) prices in the domestic market of India

SNAPSHOT: Delhi market as of May 17, 2025

Asahi Kase shuts ACN unit for maintenance

SNAPSHOT: Mumbai market as of May 17, 2025

Sinopec Beijing Yanshan takes No.2 PP unit off stream

SNAPSHOT: Bangalore market as of May 17, 2025

SNAPSHOT: Ahmedabad market as of May 17, 2025

Reliance Industries Limited raises Purified Terephthalic Acid (PTA) prices in the domestic market of India

Reliance Industries Limited increases Diethylene glycol (DEG) prices in the domestic market of India

Shandong Yuhuang halts production at MTBE plant

Grand Resource Science brings No.4 PP unit on stream

PetroChina Liaoyang starts maintenance at BD plant

Shaanxi Yulin commences turnaround at methanol plant

Zagros operates methanol plant at lower rates

Indian Open Markets Price Table – May 16, 2025

Styrene Monomer (SM) prices left unchanged in the United States

Acrylonitrile (ACN) prices remain stable in the United States

China-US freight rate soars 19% due to sudden spurt in container demand amid tariff truce

Benzene prices remain flat in the United States

SNAPSHOT: Bangalore market as of May 16, 2025

Propylene prices quote steady in the United States

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