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BLOGS - PET NEWS

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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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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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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Crude oil prices surge on Friday

On 04 Feb 2019 at 16:00 IST

Let’s start with energy and feedstock news:
Crude oil futures spiked last Friday as OPEC crude output fell the most in two years last month as the group implemented almost 80 percent of its new production cuts. The sharp price rise was further supp
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OCTAL restarts PET plant

On 04 Feb 2019 at 08:20 IST

OCTAL brought on-stream its polyethylene terephthalate (PET) plant in Salalah.
A Polymerupdate source in Oman informed that the company has complete turnaround at the plant in end-January, 2019. The plant was shut for maintenance on early-January, 2019....
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Domestic producers increase PVC prices by Re.1 per kg basic w.e.f. February 1, 2019.

On 01 Feb 2019 at 15:30 IST

Let’s start with domestic market news:
Domestic producers have raised their PVC resin prices by Re.1/kg basic with effect from February 1, 2019.
Domestic producers have also increased their PP prices by Rs.1.10/kg to Rs.1.50/kg basic with effe
...
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Open spec naphtha prices firm up on Wednesday.

On 31 Jan 2019 at 16:00 IST

Let’s start with energy and feedstock news:
Crude futures climbed, for the second successive day, on Thursday, after the U.S. government data showed signs of tightening supply and potential supply disruptions following U.S. sanctions on Venezuela’s
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HDPE prices rise in Asia

On 30 Jan 2019 at 15:15 IST

HDPE prices rise in Asia.
Let’s start with energy news:
Crude futures spiked on Tuesday after the US Treasury Secretary signalled that a respite is possible in the trade war with China. Prices also firmed as Washington imposed sanctions on Ven
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Open spec naphtha prices gain sharply last Friday.

On 28 Jan 2019 at 15:15 IST

Let’s start with energy and feedstock news:
Brent crude oil futures closed higher last Friday amid worries over a supply disruption due to the ongoing political and economic turmoil in Venezuela. Brent finished at $ 61.64, a rise of 55 cents per ba
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LLDPE, PP and PVC futures gain on the Dalian Commodity Exchange in China.

On 25 Jan 2019 at 17:00 IST

Let’s start with energy and feedstock news:
Crude futures displayed a mixed undertone on Thursday on the back of geopolitical tensions between the US and Venezuela on the one hand and a sharp rise in crude inventories in the US, on the other. WTI t
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