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On 23 Jun 2021 at 08:30
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On Tuesday, stronger upstream energy values and improved regional demand trends pushed benzene prices higher in Asia. FOB Korea benzene prices were assessed at the USD 940-945/mt levels, a rise of USD (+5/mt) from Monday's assessed levels.CFR China, benzene........
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On 23 Jun 2021 at 08:30
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Sinochem Quanzhou Petrochemical, has taken off-stream its Styrene monomer (SM) plant in Fujian.A Polymerupdate source in China informed that, the company recently halted operations at the plant for a maintenance turnaround. The exact duration of shutdown........
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On 22 Jun 2021 at 08:30
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On Monday, SM prices inched higher in Asia. The price rise was on the back of higher upstream energy values and a lift in buying inquiries in the region.FOB Korea SM prices were assessed at the USD 1150-1155/mt levels, a gain of USD (+10/mt) from last........
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On 21 Jun 2021 at 05:25
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Let's start with energy and feedstock news:Crude oil prices gained last Friday after the American Petroleum Institute (API) and Energy Information Administration (EIA) reported a crude oil inventory draw. Brent futures gained by 43 cents settling at $73.51........
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On 21 Jun 2021 at 11:05
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Lotte Chemical, has brought on-stream its cracker at Daesan.A Polymerupdate source in South Korea informed that, the company has recently resumed operations at the cracker following a turnaround. The cracker was shut for maintenance in mid-May, 2021.Located........
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On 21 Jun 2021 at 08:30
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Last week, butadiene prices surged in Asia. Prices spiked, mainly on account of bullish demand trends in major markets like China and persistent constrained product availability.FOB Korea prices of butadiene were assessed at the USD 1280-1285/mt, a steep rise........
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On 19 Jun 2021 at 08:30
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This week, propylene prices dropped in Asia. The price fall was a result of continued sluggish buying sentiments in the region and ample product availability.Bearish downstream PP demand and pricing trends further supported the price drop.On Friday, CFR China........
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On 18 Jun 2021 at 08:30
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Ethylene prices slipped in Asia on Thursday. The price fall was prompted by plentiful product availability and persistent weaker demand trends in key markets like China.CFR North East Asia ethylene prices were assessed at the USD 890-895/mt levels, a day on........
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On 17 Jun 2021 at 09:25
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Formosa Plastics Corporation USA, is likely to bring on-stream its cracker in Point Comfort, Texas.A Polymerupdate source in the US informed that, the company has planned to resume operations at the cracker by this weekend. The cracker was shut owing to........
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On 17 Jun 2021 at 08:30
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MEG prices inched higher in Asia on Wednesday. The price rise was supported by stronger upstream energy values and improved buying inquiries in the region.CFR China prices of MEG were assessed at the USD 630-635/mt levels, a gain of USD (+5/mt) from........
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On 16 Jun 2021 at 08:30
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Ethylene prices drifted sharply lower in Asia on Tuesday. The price fall was triggered by weaker persistent bearish regional demand trends.Reports of plentiful product availability in the region further pressured prices lower in Asia.CFR North East Asia........
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On 15 Jun 2021 at 08:30
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On Monday, despite higher upstream costs, ethylene prices edged lower in Asia. The price fall was on the back of persistent weaker regional demand trends and sufficient product availability.CFR North East Asia ethylene prices were assessed at the USD........
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On 14 Jun 2021 at 08:30
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Last week, butadiene prices witnessed a sharp rise in Asia. The price gain was supported by stronger regional demand trends and tight product availability.Bullish global cues further pushed prices higher in Asia.FOB Korea prices of butadiene were assessed at........
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On 12 Jun 2021 at 08:40
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Integrated Refinery and Petrochemical Co (IRPC), has undertaken a planned shutdown at its Styrene monomer (SM) unit in Rayong.A Polymerupdate source in Thailand informed that, the company has started maintenance turnaround at the unit on June 6, 2021. The........
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On 12 Jun 2021 at 08:30
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This week, ethylene prices plunged in Asia. The sharp price fall was prompted by persistent bearish buying sentiments and plentiful product availability.Sluggish downstream PE demand and pricing trends further pressured prices lower.On Friday, CFR North East........
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On 11 Jun 2021 at 08:40
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Shenhua Ningxia Coal Industry, has bought on-stream its No.3 and No. 4 Polypropylene (PP) units.A Polymerupdate source in China informed that, the company recently resumed operations at the unit following a turnaround. The units was shut for maintenance on........
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On 11 Jun 2021 at 08:30
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On Thursday, propylene prices drifted sharply lower in Asia. The price fall was prompted by persistent bearish regional buying sentiments and plentiful product availability.Weaker downstream PP demand and pricing trends further supported the price drop.FOB........
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On 10 Jun 2021 at 04:05
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Let's start with energy and feedstock news:WTI crude oil prices slipped on Wednesday following a rise in the gasoline and distillate inventories as reported by the Energy Information Administration (EIA) and the American Petroleum Institute (API). WTI futures........
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On 10 Jun 2021 at 08:30
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Despite high upstream crude and naphtha rates, Ethylene prices were assessed lower in Asia on Wednesday. The price fall was on the back of weaker buying sentiments in the region and ample product availability.Bearish downstream PE product demand and pricing........
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On 09 Jun 2021 at 08:30
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Ethylene prices drifted sharply lower in Asia on Tuesday. The price fall was triggered by weaker upstream energy values and bearish regional demand trends.Reports of plentiful product availability in the region further pressured prices lower in Asia.CFR North........
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On 08 Jun 2021 at 09:00
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Sinopec Zhenhai Refining & Chemical, has bought on-stream its cracker in Ningbo.A Polymerupdate source in China informed that, the company recently resumed operations at the cracker following a turnaround. The cracker was shut for maintenance in end-May,........
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On 08 Jun 2021 at 08:30
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MEG prices declined in Asia on Monday. The price drop was supported by weaker upstream energy values and sufficient product availability.Weaker MEG further on the Dalian Commodity Exchange in China further pulled prices lower in Asia.CFR China prices of MEG........
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On 07 Jun 2021 at 08:35
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Gas Authority of India Ltd (GAIL), is in plans to restart a HDPE unit at Pata.A Polymerupdate source in India informed that, the company is likely to resume operations at the unit early this week. The unit was shut in mid-May, 2021 owing to technical........
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On 07 Jun 2021 at 08:30
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Last week, butadiene prices leapt higher in Asia. The price rise was triggered by stronger upstream energy values and bullish buying sentiments in key markets like China.Reports of persistent tight product availability further supported the price gain.On........
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On 05 Jun 2021 at 08:30
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This week, MEG prices gained in Asia. The price rise was supported by firmer upstream energy values and improved buying sentiments in the region.Stronger MEG futures on the Dalian Commodity Exchange in China and gains recorded in fellow polyester PTA........
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On 04 Jun 2021 at 08:40
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Idemitsu SM Malaysia, has taken off-stream its styrene monomer (SM) plant in Pasir Gudang.A Polymerupdate source in Malaysia informed that, the company started maintenance turnaround at the plant in early-June, 2021. Further details on duration of the........
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On 04 Jun 2021 at 08:30
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On Thursday, SM prices drifted lower in Asia. The sharp price fall was supported by bearish buying trends in major markets like China.FOB Korea SM prices were assessed at the USD 1235-1240/mt levels, a tumble of USD (-50/mt) from Wednesday's assessed........
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On 03 Jun 2021 at 04:35
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Let's start with energy news:Crude oil prices climbed higher on Wednesday after the American Petroleum Institute (API) reported a crude oil inventory draw. Also, the decision taken by OPEC and allies to stick to the current oil output plan to progressively........
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On 03 Jun 2021 at 09:05
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Zhejiang Petrochemical, has brought on-stream its propane dehydrogenation (PDH) plant.A Polymerupdate source in China informed that, the company recently resumed operations at the plant following a turnaround. The plant was shut for maintenance on April 21,........
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On 03 Jun 2021 at 08:30
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Stronger upstream energy values and improved regional buying inquiries pushed MEG prices higher in Asia on Wednesday. firmer MEG futures on the Dalian Commodity Exchange in China further supported the price gain.CFR China prices of MEG were assessed at the........
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