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Ethylene prices rise in parts of Asia

On 23 May 2018 at 09:00 IST

Ethylene prices in some parts of Asia climbed on Tuesday.
CFR North East Asia prices of ethylene were assessed up at the USD 1270/mt levels, a day on day increase of USD 15/mt. The price rise was a result of firmer upstream crude and naphtha values couple
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Fujian cracker to be shut by FREP

On 23 May 2018 at 08:20 IST

Fujian Refinery & Petrochemical Company Ltd (FREP) is in plans to take off-stream its cracker for maintenance.
A Polymerupdate source in China informed that the company has schedule to shut the cracker in end-November 2018. The planned shutdown is expecte
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Monoethylene Glycol (MEG) prices edge higher in Asia

On 22 May 2018 at 09:00 IST

MEG prices in Asia inched up on Monday. The price rise was a result of a lift in buying interest in the region coupled with higher fellow polyester PTA feedstock values.
CFR China prices of MEG were assessed up at the USD 950/mt levels, a rise of USD 5/mt
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Petkim eyes maintenance at Aliaga Cracker

On 22 May 2018 at 08:20 IST

Petkim is likely to unertake a planned shutdown at its naphtha cracker in Aliaga.
A Polymerupdate source in Turkey informed that the company has planned to shut the cracker for a turnaround in the second half of October 2018. The cracker is likely to rema
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SM prices rise 5-20$ in Asia

On 21 May 2018 at 09:00 IST

Styrene monomer (SM) prices journeyed northward in Asia last week. Prices climbed on the back of higher upstream energy and benzene rates coupled with constrained product availability.
The price rise was further supported by persistent rise in downstream
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Polypropylene (PP) prices continue to rise in Asia

On 17 May 2018 at 09:00 IST

Firmer upstream energy rates coupled with bullish propylene feedstock values pushed PP prices higher in Asia this week. Reports of persistent strong buying sentiments further supported the price rise.
CFR Far East Asia prices of PP raffia assessed higher
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Naphtha cracker brought on-stream by BASF-YPC

On 17 May 2018 at 08:20 IST

BASF-YPC has restarted its naphtha cracker following a planned shutdown.
A Polymerupdate source in China informed that the company resumed operations at the cracker on May 9, 2018. The cracker remained under maintenance for around three weeks.
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Asian SM prices edge higher

On 16 May 2018 at 09:00 IST

SM prices in Asia on Tuesday inched higher.
The price rise was prompted by improved buying trends in key markets like China coupled with gains recorded in upstream benzene values.
FOB Korea prices of SM were assessed at the USD 1375/mt levels while
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No. 2 LDPE unit brought on-stream by Sinopec Shanghai

On 16 May 2018 at 08:20 IST

Sinopec Shanghai Petrochemical has restarted its No. 2 low density polyethylene (LDPE) unit in Shanghai.
A Polymerupdate source in China informed that the company has resumed opertions at the unit on May 14, 2018 following a turnaround. The unit was under
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SM prices in Asia drop on Monday

On 15 May 2018 at 09:00 IST

Spot styrene monomer (SM) prices witnessed a fall on Monday in Asia.
The price drop was mainly on account of weaker upstream energy values last Friday coupled with softer demand trends in key markets like China.
FOB Korea prices of SM were assessed a
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