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BLOGS - HDPE NEWS

Crude oil prices rise on Thursday.

On 15 Feb 2019 at 15:00 IST

Let’s start with energy news:
Crude oil prices firmed on Thursday on the back of supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC). Supporting OPEC were reports from non-OPEC oil major Russia who is reportedly withhold
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Ethylene prices bolster higher on Wednesday.

On 14 Feb 2019 at 15:30 IST

Important News:
LyondellBasell the world’s largest licensor of polyolefin technologies, announced that HPCL-Mittal Energy Limited (HMEL), has selected LyondellBasell’s fifth generation Spheripol polypropylene process technology for a 500 KT per yea
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High Density Polyethylene (HDPE) prices edge higher in FEA and SEA.

On 13 Feb 2019 at 16:00 IST

Let’s start with energy and feedstock news:
Crude futures climbed on Tuesday on the back of a sharp reduction in crude output by OPEC. Supporting the price increase were reports that Saudi Arabia planned deeper oil supply cuts in the month of March
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Asian ethylene prices bolster higher on Tuesday

On 13 Feb 2019 at 09:00 IST

Ethylene prices in Asia galloped higher on Tuesday.
Reports of limited product avails coupled with a lift in buying inquiries together supported the sharp price rise.
CFR North East Asia prices of ethylene were assessed up at the USD 1015/mt levels,
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Crude oil prices edge lower on Monday

On 12 Feb 2019 at 09:00 IST

Crude futures edged lower on Monday as slow progress in trade talks between USA and China fuelled concerns about global growth. The price drop was further supported by a rise in the active oil rigs count in the US last week. Brent finished at $ 61.51, a drop o...
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Ethylene prices edge higher last Friday

On 11 Feb 2019 at 15:30 IST

Crude futures inched higher last Friday as supply due to the supply cuts led by the Organization of the Petroleum countries (OPEC). Brent finished at $ 62.10, a rise of 47 cents per barrel while WTI traded at $ 52.72, a gain of 8 cents per barrel.
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Open spec naphtha prices fall sharply on Thursday.

On 08 Feb 2019 at 15:15 IST

Open spec naphtha prices fall sharply on Thursday.
Let’s start with domestic market news:
Haldia Petrochemicals Ltd (HPL) has increased its LLDPE film grade (prime and non-prime) prices by Re. 0.50/kg basic while all other LLDPE grade prices h
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Crude oil prices climb higher on Wednesday

On 07 Feb 2019 at 16:00 IST

Indian Oil Corporation Ltd (IOCL) has increased its LLDPE film grade (MFI – 1 and 2) and LLDPE Drip Lateral Grade prices by Re.0.50/kg basic while all other LLDPE grade prices have been rolled over with effect from February 7, 2019. PP and HDPE prices have bee...
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Polypropylene (PP) prices edge higher in Asia

On 06 Feb 2019 at 17:00 IST

Crude futures declined, for the second successive day, on Tuesday on the back of a rise in crude inventories in the US. Brent finished at $ 61.98, a fall of 53 cents per barrel while WTI traded at $ 53.66, a decline of 90 cents per barrel.
Open spec napht
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Open spec naphtha prices rise sharply on Monday

On 05 Feb 2019 at 16:00 IST

Breaking News:
French packaging company Albea and US equity fund Blackstone are heard to be in advanced talks to acquire a controlling stake in packaging company Essel Propack Ltd. In order to cut debt, Essel Propack is seeking to sell assets, amid
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