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Benzene prices gain in Asia

On 18 Nov 2019 at 09:30 IST

Last week, benzene prices were assessed higher in Asia. Sellers steered their rates higher on the back of higher upstream energy values and improved buying interest in the region.Stronger benzene values in the U.S., further supported the price gain in Asia.........
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PS unit brought on-stream by Sinopec Guangzhou

On 18 Nov 2019 at 08:20 IST

Sinopec Guangzhou Petrochemical has restarted its polystyrene (PS) unit following a planned outage. A Polymerupdate source in China informed that the company has resumed operations at the unit on November 4, 2019. The unit was shut for maintenance on October........
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Propylene prices slip in Asia on Thursday

On 15 Nov 2019 at 09:30 IST

On Thursday, propylene prices in Asia down adjusted. Reports of weaker buying sentiments in key markets like China and sufficient product availability, together pulled propylene prices lower in Asia. Weaker downstream PP demand and pricing trends, further........
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Sinopec Maoming eyes maintenance at No. 2 PP unit

On 15 Nov 2019 at 08:20 IST

Sinopec Maoming has planned to take off-stream its No. 2 PP unit for a maintenance turnaround.A Polymerupdate source in China informed that the company is likely to halt operations at the PP unit over the period of May-June 2020. The unit is expected to........
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Asian SM prices climb

On 14 Nov 2019 at 10:00 IST

On Wednesday, spot SM prices in Asia edged higher. The price rise was supported by higher upstream energy rates and gains recorded in benzene values. Reports of a lift in buying sentiments, further supported the price gain.FOB Korea SM prices were assessed up........
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BASF-Yangzi to shut Nanjing LDPE plant

On 14 Nov 2019 at 08:20 IST

BASF-Yangzi Petrochemical is in plans to take a low density polyethylene (LDPE) plant off-stream for a maintenance turnaround. A Polymerupdate source in China informed that the company has schedule to start maintenance at the plant on April 6, 2020. The........
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HDPE prices drift lower in Asia.

On 13 Nov 2019 at 17:00 IST

Let’s start with energy news:Crude oil prices edged lower on Tuesday, as prospects for a trade deal between the United States and China lowered, weighing on the global economic outlook. Also, prices were weighed down by concerns over a weaker energy demand.........
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Asian SM prices edge higher on Tuesday

On 13 Nov 2019 at 09:30 IST

SM prices in Asia on Tuesday inched higher. The price gain was prompted by gains recorded in upstream benzene values and a lift in buying sentiments in the region.FOB Korea prices of SM were assessed at the USD 835/mt levels, a day on day increase of USD........
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No. 2 PP unit brought on-stream by Sinopec Zhenhai Refining

On 13 Nov 2019 at 08:20 IST

Sinopec Zhenhai Refining and Chemical has restarted its No. 2 Polypropylene (PP) unit following an unplanned outage. A Polymerupdate source in China informed that the company has resumed operations at the unit on November 10, 2019. The unit was shut owing to........
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Ethylene prices climb in Asia on Monday

On 12 Nov 2019 at 17:00 IST

Let’s start with energy and feedstock news:Crude oil prices dipped on Monday amid concerns over the prospects of a trade deal between the United States and China, as the U.S. President Donald Trump dismissed reports of an imminent lifting of tariffs. WTI........
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Asian ethylene prices bolster higher on Monday

On 12 Nov 2019 at 09:30 IST

On Monday, ethylene prices in Asia leapt higher. Reports of limited product availability and bullish regional buying sentiments, together pushed prices higher, in Asia. CFR South East Asia prices were assessed higher at the USD 800/mt levels, a sharp gain of........
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PP unit taken off-stream by Sinopec Zhenhai Refining

On 12 Nov 2019 at 08:20 IST

Sinopec Zhenhai Refining and Chemical has restarted its Polypropylene (PP) unit following an unplanned outage. A Polymerupdate source in China informed that the company has resumed operations at the unit on November 10, 2019. The unit was shut owing to........
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Ethylene prices firm up last week

On 11 Nov 2019 at 17:00 IST

Let’s start with energy and feedstock news:Crude oil prices rose last Friday, on an account of optimistic signals of a possible US-China trade deal. Brent futures gained by 22 cents, settling at $62.51 per barrel while WTI futures edged higher by 9 cents, to........
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Benzene prices climb in Asia

On 11 Nov 2019 at 09:30 IST

Last week, benzene prices in Asia climbed higher. Prices firmed, on the back of a week on week rise in upstream crude values and improved regional buying sentiments.Stronger benzene values in the U.S., further supported the price gain in Asia. On Friday,........
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Zhong Tian halts production at LDPE unit

On 11 Nov 2019 at 08:20 IST

Zhong Tian He Chuang a joint venture of Sinopec and China Coal Energy Group, has taken off-stream its low density polyethylene (LDPE) unit owing to a technical glitch. A Polymerupdate source in China informed that the company has undertaken an emergency........
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Acrylonitrile (ACN) prices witness a fall in Asia

On 08 Nov 2019 at 09:30 IST

This week, ACN prices down adjusted in Asia. Prices fell, mainly on account of continued bearish regional demand trends coupled with sufficient product availability. CFR Far East Asia ACN prices, were assessed at the USD 1510/mt levels, while CFR South East........
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Shenhua Baotou restarts coal-to-olefin plant

On 08 Nov 2019 at 08:20 IST

Shenhua Baotou has brought on-stream its coal-to-olefin plant following a maintenance turnaround. A Polymerupdate source in China informed that the company has completed maintenance turnaround at its plant in early-November, 2019. The plant was taken off-line........
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Domestic producers in India reduce PP prices, wef November 7, 2019

On 07 Nov 2019 at 17:00 IST

Let’s start with energy and feedstock news:Crude oil prices dropped on Wednesday, on an account of a sudden spike in the U.S crude oil inventories. Brent futures traded at $61.74, a fall of USD 1.22 per barrel while, WTI crude settled at $56.35, a decline of........
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Asian ethylene prices rise on Wednesday

On 07 Nov 2019 at 09:30 IST

On Wednesday, ethylene prices gained in Asia. Reports of limited product availability and improved buying sentiments in key markets like China, supported the price gain across the Asian regions. CFR North East Asia ethylene prices, were assessed up at the USD........
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HDPE unit planned to be taken off-stream by Thai Polyethylene

On 07 Nov 2019 at 08:20 IST

Thai Polyethylene Co a subsidiary of Siam Cement Group is in plans to shut its high density polyethylene (HDPE) unit owing to economic fundamentals.A Polymerupdate source in Thailand informed that the unit will be taken off-stream on November 21, 2019. It is........
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PP prices slip in Asia.

On 06 Nov 2019 at 17:00 IST

Let’s start with energy news:Crude oil prices witnessed a more than 1% rise on Tuesday, on an optimism for a U.S.-China trade agreement and hopes that the United States is likely to roll back some of the previously levied duties on Chinese imports. WTI crude........
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SM prices climb in Asia

On 06 Nov 2019 at 09:30 IST

On Tuesday, SM prices in Asia climbed higher. The price rise was prompted by firmer upstream energy and benzene rates coupled with stronger regional buying sentiments. FOB Korea SM prices, were assessed up at the USD 870/mt levels, a gain of USD 10/mt from........
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Fujian Refining restart No. 3 PP unit

On 06 Nov 2019 at 08:20 IST

Fujian Refining & Petrochemical (FREP), has resumed operations at its No. 3 Polypropylene (PP) unit, following an unplanned maintenance. A Polymerupdate source in China, informed that, the company has brought on-stream its unit on November 2, 2019. The unit........
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Asian ethylene prices gain on Monday

On 05 Nov 2019 at 09:30 IST

On Monday, ethylene prices witnessed a rise in Asia. The price rise, was supported by stronger upstream crude and naphtha values, coupled with limited product availability in the region. CFR North East Asia ethylene prices, were assessed up at the USD 725/mt........
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CPC eyes turnaround at No. 3 Cracker in 2020

On 05 Nov 2019 at 08:20 IST

CPC Corp, is in plans to shut its No. 3 cracker for a maintenance turnaround. A Polymerupdate source in Taiwan, informed that, the company has schedule to commence a turnaround at the cracker, in mid-February 2020. The cracker is likely to remain off-stream........
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Benzene prices in Asia tumble

On 04 Nov 2019 at 09:30 IST

Last week, spot benzene prices in Asia drifted lower. Prices tumbled, on the back of bearish buying mood and a sharp drop in downstream SM rates.Weak cues from the U.S.A., further supported the price fall. FOB Korea benzene prices, were assessed down at the........
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Singapore VAM unit taken off-stream by Celanese

On 04 Nov 2019 at 08:20 IST

Celanese Corporation has undertaken an unplanned shutdown at its Vinyl acetate monomer (VAM) unit in Singapore.A Polymerupdate source in Singapore informed that the company has halted operations at the plant owing to shortage of feedstock on October 23, 2019.........
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EDC prices remain steady while VCM prices plunge in Asia

On 01 Nov 2019 at 09:30 IST

This week, despite higher upstream ethylene values, EDC prices were assessed stable in Asia. CFR South East Asia EDC prices, were assessed at the USD 270/mt levels, while CFR Far East Asia EDC prices, were assessed at the USD 265/mt levels, both unchanged........
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Sinopec Guangzhou starts maintenance at Guangzhou cracker

On 01 Nov 2019 at 08:20 IST

Sinopec Guangzhou Petrochemical has halted operations at its cracker. A Polymerupdate source in China informed that the company has started maintenance at the cracker on October 12, 2019. The cracker is likely to restart in early-December, 2019.Located in the........
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SM prices climb 10$ in Asia

On 25 Oct 2019 at 09:30 IST

On Thursday, SM prices in Asia gained. The price rise, was prompted by firmer upstream energy and benzene rates coupled with improved regional buying inquiries.FOB Korea SM prices, were assessed up at the USD 890/mt levels, a gain of USD 10/mt from........
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