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On 17 Jan 2020 at 09:30
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On Thursday, propylene prices edged up in some parts of Asia. Prices climbed, mainly on account of persistent tight product availability coupled with improved regional buying trends. FOB Korea prices were assessed at the USD 860/mt levels, a day on day rise........
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On 16 Jan 2020 at 09:30
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Propylene prices inched higher in Asia on Wednesday. Reports of constrained product avails, on an account of unplanned cracker shutdowns, helped propylene sellers to raise their prices higher across the Asian regions. The price rise was further supported, by........
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On 16 Jan 2020 at 08:15
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Shandong Jianlan Chemical, has restarted its 2-ethylhexanol (2-EH) units following a maintenance work.A Polymerupdate source in China informed that, the company has resumed operations at the units on January 14, 2020. The units were shut for catalyst change........
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On 15 Jan 2020 at 17:00
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Let’s start with energy news:Crude oil prices edged marginally higher on Tuesday, on an optimism over global economic growth, as both the U.S and China are all set to sign the long-awaited Phase one trade deal. WTI crude prices inched higher by 15 cents,........
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On 15 Jan 2020 at 09:30
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On Tuesday, reports of persistent strong demand trends and constrained regional product avails, pushed ethylene prices higher in Asia. CFR North East Asia ethylene prices were assessed up at the USD 810/mt levels, a day on day increase of USD 10/mt.CFR South........
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On 15 Jan 2020 at 08:40
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Kaveh Methanol Company, has shut its methanol plant owing to shortage of natural gas feedstock.A Polymerupdate source in Iran informed that, the company has halted operations at its Methanol plant on January 12, 2020. Further details on duration of the........
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On 14 Jan 2020 at 17:00
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Let’s start with energy and feedstock news: Crude oil futures dropped on Monday, owing to an ease of the geopolitical tensions in the Middle East. WTI crude prices declined by 96 cents, finishing at $58.08 per barrel, while Brent futures fell by 78 cents,........
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On 14 Jan 2020 at 09:30
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Stronger upstream benzene values and a lift in demand trends in major markets like China, pushed SM prices higher in Asia, on Monday. Reports of limited product availability, further supported the price gain.FOB Korea SM prices were assessed up at the USD........
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On 14 Jan 2020 at 09:00
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Qatar Fuel Additives Co (QAFAC), had undertaken an unplanned shutdown at its methanol plant owing to technical issues.A Polymerupdate source in Qatar informed that, the company halted operations at the plant on January 4, 2020. Further details on duration of........
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On 13 Jan 2020 at 17:00
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Let’s start with energy and feedstock news:Crude oil prices edged lower last Friday, owing to an ease in the tensions between the U.S and Iran and rising crude oil inventories leading to ample supply. Brent futures fell by 39 cents, settling at $64.98 per........
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On 13 Jan 2020 at 09:30
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Last week, benzene prices drifted lower in Asia. Bearish upstream crude values and weaker buying sentiments, forced sellers to reduce their prices lower across the Asian regions. On Friday, benzene prices were assessed at the USD 720/mt FOB Korea levels, a........
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On 13 Jan 2020 at 09:20
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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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On 10 Jan 2020 at 09:30
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Ethylene prices climbed higher in Asia, on Thursday. Prices gained, as product availability continued to remain tight coupled with bullish regional buying trends. CFR North East Asia ethylene prices were assessed up at the USD 775/mt level, a rise of USD 5/mt........
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On 10 Jan 2020 at 08:20
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Keiyo Ethylene, has lowered operational rates at the cracker, owing to bearish market conditions.A Polymerupdate source in Japan informed that, the company has cut its run rates to around 90-95% of production capacity levels at the cracker in early-January,........
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On 09 Jan 2020 at 09:30
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On Wednesday, ethylene prices inched higher in the North East Asian regions. CFR North East Asia ethylene prices were assessed up at the USD 770/mt level, a day on day increase of USD 5/mt. Prices climbed, mainly on an account of bullish regional buying........
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On 09 Jan 2020 at 08:20
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Dongguan Grand Resource Science and Tech is likely to restart its Polypropylene (PP) plant following a turnaround.A Polymerupdate source in China informed that the company has planned to resume operations at the plant on January 16, 2020. The plant was shut........
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On 08 Jan 2020 at 09:30
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On Tuesday, propylene prices were assessed higher in Asia. Prices climbed, mainly on an account of strong upstream costs and bullish regional demand sentiments. Reports of limited product avails, further supported the price gain.FOB Korea propylene prices........
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On 08 Jan 2020 at 08:40
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Jiangsu Sabron Petrochemical CO LTD, has shut its polystyrene (PS) plant for a turnaround.A Polymerupdate source in China informed that, the company has started maintenance at the plant on January 4, 2020. The is likely to restart on January 18, 2020.Located........
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On 07 Jan 2020 at 16:30
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Weekly Market Summary by IDFC First Bank - For the week ended 3 Jan 2020Please click here to download pdf........
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On 07 Jan 2020 at 09:30
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Propylene prices gained in Asia, on Monday. The price rise was triggered by stronger regional buying trends, coupled with tight product availability. Firmer upstream crude and naphtha values, further supported the price gain.FOB Korea propylene prices were........
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On 07 Jan 2020 at 08:20
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North Huajin Chemical Industry has restarted its No. 2 polypropylene (PP) unit following an unplanned maintenance.A Polymerupdate source in China informed that the company has resumed operations at the plant on January 4, 2020. The plant was shut on December........
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On 06 Jan 2020 at 17:30
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Let’s start with energy and feedstock news:Crude oil prices rose more than 3% last Friday, owing to the escalating tensions between Iran and the United States. Brent futures rose sharply by USD 2.35, settling at $68.60 per barrel while WTI futures climbed by........
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On 06 Jan 2020 at 09:30
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Last week, benzene prices inched up in Asia. The price rise was supported by firmer upstream energy rates and a lift in buying sentiments in the region. Gains recorded in downstream SM values and higher benzene rates in the U.S., further supported the price........
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On 06 Jan 2020 at 08:20
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Yisheng Petrochemical has undertaken a planned shutdown at its polyethylene terephthalate (PET) plant.A Polymerupdate source in China informed that the plant was taken off-line for maintenance in end-December, 2019. It is likely to remain off-line for about........
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On 03 Jan 2020 at 09:30
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On Thursday, propylene prices in Asia journeyed northward. The price rise was supported by higher upstream crude values, coupled with tight regional product avails.FOB Korea propylene prices, were assessed up at the USD 790/mt levels, a day on day increase of........
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On 03 Jan 2020 at 08:40
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Tianjin Bohai has undertaken a planned shutdown at its propane dehydrogenation (PDH) plant.A Polymerupdate source in China informed that the company has started turnaround at the plant in end-December, 2019. The plant is likely to remain under maintenance for........
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On 02 Jan 2020 at 17:30
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Let’s start with energy news: Crude oil prices fell on Tuesday. WTI crude prices declined by 62 cents, finishing at $61.06 per barrel, while Brent futures dropped by 67 cents, settling at $66.00 per barrel.According to Vandana Hari of Vanda Insights – - Crude........
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On 02 Jan 2020 at 11:30
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On Tuesday, spot benzene prices dropped in Asia, as buying trends continued to remain sluggish in major markets like China.A decline in the downstream SM rates, further supported the price decline.FOB Korea benzene prices, were assessed down at the USD 735/mt........
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On 02 Jan 2020 at 08:20
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LG Chem, is in plans to reduce operational rates at cracker, owing to weak economic fundamentals.A Polymerupdate source in South Korea informed that, the company is likely to cut its run rates to around 90-95% of production capacity levels at the cracker from........
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On 27 Dec 2019 at 09:30
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SM prices in Asia climbed higher on Thursday. The price rise was prompted by higher upstream energy and benzene values.FOB Korea SM prices were assessed up at the USD 870/mt levels, a gain of USD 5/mt from Wednesday’s assessed levels.CFR China prices were........
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