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BLOGS - LLDPE NEWS

Domestic producers increase PPHP, PPICP and PPRCP prices w.e.f. February 21, 2019.

On 21 Feb 2019 at 16:00 IST

Domestic market news:
Domestic producers have increased PP prices with effect from February 21, 2019. PP homopolymer and PP impact copolymer prices were raised by Rs.1.50/kg basic while PP random copolymer prices have seen a rise of Re.1/kg basic.
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RIL increases LDPE prices w.e.f. February 20, 2019 amid an unplanned shutdown at its Jamnagar plant.

On 20 Feb 2019 at 17:00 IST

Let’s start with energy news:
Crude futures displayed a mixed undertone on Tuesday. WTI prices climbed to its highest levels in three months amid reports of falling Saudi Arabian exports while Brent crude prices edged lower as the US Energy Informa
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Naphtha cracker shuts for maintenance by Keiyo Ethylene

On 20 Feb 2019 at 08:20 IST

Keiyo Ethylene has taken its naphtha cracker off-stream for a maintenance work.
A Polymerupdate source in Japan informed that the company has undertaken a maintenance shutdown at the cracker on February 15, 2019. The repair works is expected to remain in
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Formosa, Taiwan offers PVC resin suspension grade in India at the USD 950 per mt levels, for shipment in March 2019

On 19 Feb 2019 at 14:30 IST

Let’s start with energy and feedstock news:
Brent crude futures inched higher on Monday as the U.S. and China sent signals after last week’s talks in Beijing that the two sides may be approaching a deal, raising hopes that the nations’ trade war wi
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MTO plant brought on-stream by Sinopec Zhongyuan

On 19 Feb 2019 at 08:20 IST

Sinopec Zhongyuan Petrochemical has restarted its methanol-to-olefins (MTO) plant following an unplanned outage.
A Polymerupdate source in China informed that the company has resumed operations at the plant over the weekend. The plant was shut on November
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Ethylene prices bolster higher last Friday

On 18 Feb 2019 at 15:15 IST

Let’s start with energy and feedstock news:
Crude oil prices marched higher last Friday to its highest level this year as OPEC-led supply cuts coupled with last week~s announcement of a higher than expected cut by Saudi Arabia encouraged investors
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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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