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BLOGS - ALL PRODUCT NEWS

MEG prices quote higher in Asia

On 17 Jul 2018 at 09:00 IST

MEG prices inched higher in Asia on Monday. The price rise was prompted by higher upstream ethylene rates and improved regional buying sentiments.
MEG prices of were assessed up at the USD 905/mt CFR China levels, a gain of USD 5/mt from last Friday’s as
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LDPE unit taken off-stream by Sinopec Maoming

On 17 Jul 2018 at 08:20 IST

Sinopec Maoming Petrochemical has shut its No. 2 low density polyethylene (LDPE) unit for a brief maintenance.
A Polymerupdate source in China informed that the unit was shut for a maintenance turnaround on July 14, 2018. It is likely to resume production
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Propylene prices drift lower in Asia

On 16 Jul 2018 at 09:00 IST

Bearish upstream energy costs, poor buying sentiments coupled with bearish downstream PP demand and pricing trends, together pulled propylene prices lower across the Asian region last week.
FOB Korea prices of propylene were assessed at the USD 1030/mt l
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Huabei Petrochemical plans to restart PP unit

On 16 Jul 2018 at 08:20 IST

Huabei Petrochemical is likely to restart a polypropylene (PP) unit in Hebei.
A Polymerupdate source in China informed that the company has planned to complete turnaround at the unit in mid-September 2018. The unit was shut for maintenance in early-July 2
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Propylene prices witness a fall on Thursday

On 13 Jul 2018 at 09:00 IST

Propylene prices slipped on Thursday in Asia. The price fall was triggered by a plunge in crude prices on Wednesday coupled with dull buying trends across the Asian region. Weaker downstream PP demand and pricing trends further supported the price drop.
F
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PTTGC eyes maintenance at LDPE plant

On 13 Jul 2018 at 09:00 IST

PTT Global Chemical (PTTGC) is likely to shut its low density polyethylene (LDPE) plant.
A Polymerupdate source in Thailand informed that the company has planned to halt operations at the plant on September 5, 2018. The plant is slated to remain under mai
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Polypropylene (PP) prices continue to quote lower in Asia

On 12 Jul 2018 at 09:00 IST

Polypropylene (PP) prices were assessed lower in Asia this week. Prices fell as demand trends in key markets like China were seen impacted due to the recent trade war between the US and China. The price fall was further supported by bearish PP futures on the D...
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Unplanned outage reported at Naphtha cracker of Sichuan Petrochemical

On 12 Jul 2018 at 08:20 IST

Sichuan Petrochemical has undertaken an emergency shutdown at its naphtha cracker in Sichuan province of China.
A Polymerupdate source in China informed that the company has halted operations at the cracker on July 11, 2018 owing to a gas leak at its natu
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Propylene prices down adjust in Asia on Tuesday

On 11 Jul 2018 at 09:00 IST

Propylene prices in Asia slipped on Tuesday. Reports of sluggish buying interest coupled with bearish downstream PP demand and pricing trends together pushed prices lower in Asia.
FOB Korea prices were assessed down at the USD 1035/mt levels, a day on da
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PETRONAS starts turnaround at LLDPE plant

On 11 Jul 2018 at 08:20 IST

PETRONAS has shut its linear low density polyethylene (LLDPE) plant for a maintenance turnaround.
A Polymerupdate source in Malaysia informed that the company has undertaken a planned shutdown the plant over the weekend. The plant is slated to remain unde
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