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Asian ethylene prices witness a fall on Monday.

On 21 May 2019 at 16:00 IST

Let’s start with energy news:
Crude futures displayed a mixed undertone on Monday as Organization of the Petroleum Exporting Countries (OPEC) and its allies indicated to extend its production-cut agreement following a committee meeting over the wee
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Asian ethylene prices witness a fall on Monday

On 21 May 2019 at 09:00 IST

Ethylene prices in Asia drifted lower on Monday. Prices fell mainly on account of persistent weaker buying interest across the Asian region coupled with softer downstream PE demand and pricing trends..
Reports of sufficient product availability and beari
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Petrocuyo to resume PP Production

On 21 May 2019 at 08:20 IST

Petrocuyo is in plans to brought on-stream its polypropylene (PP) unit following a turnaround.
A Polymerupdate source in Europe informed that the company is likely to complete turnaround the plant in end-May, 2019. The plant was taken off-line for mainten
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Crude Oil Prices Edge Lower On Friday.

On 20 May 2019 at 16:00 IST

Let’s start with energy and feedstock news:
Crude futures slipped on Friday due to demand fears amid a standoff in the China-U.S. trade talks. Prices fell on the back of fluctuating US equity markets and due to fears about a likely fall in Chinese
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Crude oil prices bolster higher on Thursday.

On 17 May 2019 at 16:00 IST

Let’s start with energy and feedstock news:
Crude oil prices gained on Thursday as Saudi Arabia blamed Iran for ordering this week’s attack on its key oil facilities, stimulating tensions between two of the world’s oil-producing superpowers. WTI cr
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Ethylene prices climb in Asia on Thursday

On 17 May 2019 at 09:00 IST

On Thursday, ethylene prices in Asia gained. Prices climbed on the back of higher upstream energy values coupled with improved buying interest in the region.
Reports of limited product avails further supported the price rise.
CFR North East Asia pr
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Unplanned outage reported at Beek cracker by SABIC

On 17 May 2019 at 08:20 IST

Saudi Basic Industries Corp (SABIC) has taken off-stream its SABIC Olefins 4 cracker owing to technical issues.
A Polymerupdate source in the Netherlands informed that the cracker has halted operations at the cracker on May 10, 2019. Further details on du
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RIL decreases PE prices w.e.f. May 16, 2019.

On 16 May 2019 at 16:00 IST

Let’s start with energy news:
Crude oil prices edged higher on Wednesday after the US Energy Information Administration reported a drop in US gasoline inventories. The price rise was supported by ongoing geopolitical tensions in the Middle East. WT
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Polypropylene (PP) prices decline in Asia

On 16 May 2019 at 09:00 IST

PP prices slipped in Asia this week. The price drop was in line with bearish regional demand trends coupled with a steep drop in PP futures on the Dalian Commodity Exchange in China.
A trader based in China when contacted said, “demand trends and the gen
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Source comments on PET plant of Dhunseri Petrochem

On 16 May 2019 at 08:20 IST

IVL Dhunseri Petrochem Industries has undertaken an unplanned outage at its polyethylene terephthalate (PET) plant at Panipat.
A Polymerupdate source in India informed that the company has halted operations at the plant in mid-April, 2019 owing to a short
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