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EDC and VCM prices gallop higher in Asia

On 19 Jan 2018 at 09:00 IST

EDC and VCM prices surged in Asia this week. Sharp gains were driven by strength in downstream product prices coupled with a lift in demand. Also supporting firmer rates were reports of tight regional supplies.
CFR Far East Asia prices of EDC were assesse
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CPC delays restart of No.4 cracker

On 19 Jan 2018 at 08:20 IST

CPC Corp is likely to keep its No. 4 cracker off-line owing to technical issues.
A Polymerupdate source in Taiwan informed that the company has delayed the restart of the cracker until next week. The unit was taken off-line for maintenance in mid-November
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Polypropylene (PP) prices gain in Asia

On 18 Jan 2018 at 09:00 IST

Polypropylene (PP) prices climbed in Asia this week. The price rise was in tandem with firmer propylene feedstock costs coupled with strong demand trends in the region.
Reports of bullish import offers from overseas suppliers and deals concluded at higher
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Asahimas starts maintenance and debottlenecking at No. 2 VCM unit

On 18 Jan 2018 at 08:20 IST

Asahimas has taken its No. 2 vinyl chloride monomer (VCM) unit off-stream for maintenance and debottlenecking exercise.
A Polymerupdate source in Indonesia informed that the company has commenced maintenance along with the capacity expansion at the plant
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Asian SM prices down adjust on Tuesday

On 17 Jan 2018 at 09:00 IST

Despite higher upstream benzene values, SM prices in Asia down adjusted on Tuesday.
Prices fell in line with improved product availability and weaker demand trends in key markets like China.
FOB Korea prices of SM were assessed down at the USD 1340/m
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Jiangsu VCM plant brought on-stream by SP Chemicals

On 17 Jan 2018 at 08:20 IST

SP Chemicals has restarted a vinyl chloride monomer (VCM) plant following an unplanned shutdown.
A Polymerupdate source in China informed that the company has resumed operations at the plant last weekend. The plant was shut on January 10, 2017 owing to po
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MEG prices climb in Asia on Monday

On 16 Jan 2018 at 09:00 IST

MEG prices in Asia witnessed a rise on Monday. The price rise was supported by persistent bullish buying sentiments and firmer downstream PET demand and pricing trends.
CFR China prices of MEG were assessed up at the USD 1030/mt levels, a rise of USD 10/m
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SM plant brought on-stream by SP Chemicals

On 16 Jan 2018 at 08:20 IST

SP Chemicals has restarted its styrene monomer (SM) plant following an unplanned shutdown.
A Polymerupdate source in China informed that the company has recently resumed operations at the plant. The plant was taken offline on January 10, 2018 owing to tec
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SM prices bolster higher in Asia

On 15 Jan 2018 at 09:00 IST

Styrene monomer (SM) prices witnessed a sharp gain in Asia last week. Reports of strong demand trends and persistent constrained product availability, helped sellers of SM to raise their prices higher sharply across the Asian region.
The price rise was f
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VCM plant to be shut by Keiyo Monomer

On 15 Jan 2018 at 08:20 IST

Keiyo Monomer is likely to take its vinyl chloride monomer (VCM) plant off-stream for a maintenance turnaround.
A Polymerupdate source in Japan informed that the plant is planned to be taken off-line for maintenance over the period of February-March 2018.
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