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                BLOGS - ALL PRODUCT NEWS

                Ethylene prices plunge in Asia

                On 11 Apr 2020 at 08:30 IST

                Ethylene prices collapsed in Asia, this week. Prices plunged, as demand trends across the Asian regions continued to remain bearish coupled with sluggish downstream PE demand and pricing trends. Reports of sufficient product avails, further supported the........
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                Pinghu Petrochemical resumes acrylic acid production

                On 11 Apr 2020 at 08:30 IST

                Pinghu Petrochemical, has brought on-stream its acrylic acid (AA) unit following an unplanned maintenance.A Polymerupdate source in China informed that, the company resumed operations at the unit on April 2, 2020. The unit was shut on February 15,........
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                Propylene prices journey northwards in Asia

                On 10 Apr 2020 at 08:30 IST

                On Thursday, propylene prices were assessed higher in Asia. The price rise was supported by bullish upstream crude values, coupled with persistent gains recorded in downstream PP futures on the Dalian Commodity Exchange in China. FOB Korea propylene prices........
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                Source comments on Hyundai Oilbank's Daesan refinery

                On 10 Apr 2020 at 08:10 IST

                Hyundai Oilbank, has shut its one crude distillation (CDU) unit, a residual desulphuriser and a fluid catalytic cracker (FCC) unit at its Daesan refinery for a maintenance turnaround.A Polymerupdate source in South Korea informed that, the company started........
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                Propylene prices gain in Asia on Wednesday

                On 09 Apr 2020 at 08:30 IST

                On Wednesday, despite bearish upstream crude and naphtha values on Tuesday, propylene prices witnessed a rise in Asia. The price rise was supported by strong buying sentiments witnessed in China and firmer downstream PP futures on the Dalian Commodity........
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                Oriental Energy completes turnaround at PDH plant

                On 09 Apr 2020 at 05:50 IST

                Oriental Energy, has restarted its No. 1 propane dehydrogenation (PDH) plant following a planned outage.A Polymerupdate source in China informed that, the company resumed operations at the plant on April 3, 2020, The plant remained under maintenance for about........
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                PVC prices decline in Asia

                On 08 Apr 2020 at 17:45 IST

                Let's start with energy and feedstock news:Crude oil prices plunged on Tuesday, as the American Petroleum Institute (API) reported a larger than expected crude oil inventory build. Also, mounting uncertainties over the supply production cut ahead of the OPEC+........
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                SM prices climb higher in Asia

                On 08 Apr 2020 at 08:30 IST

                On Tuesday, stronger upstream crude values and a surge in benzene feedstock rates, pushed Syrenemonomer (SM) prices higher in Asia. FOB Korea SM prices were assessed at the UDS 565/mt levels, a rise of USD 10/mt from Monday's assessed levels.CFR China prices........
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                CSPC starts maintenance at No. 2 Naphtha cracker

                On 08 Apr 2020 at 08:20 IST

                CNOOC and Shell Petrochemicals Company Limited (CSPC), has taken off-stream its No. 2 naphtha cracker.A Polymerupdate source in China informed that, the company has commenced turnaround at the cracker on April 7, 2020. The cracker is slated to remain off-line........
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                Crude oil prices tumble on Monday.

                On 07 Apr 2020 at 17:45 IST

                Let's start with energy news:Crude oil prices declined sharply on Monday, amidst an uncertainty for oil production cuts, as the OPEC and its allies including Russia postponed their meeting to discuss on oil output cuts that could support in reducing the........
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                SM prices witness a rise in Asia on Monday

                On 07 Apr 2020 at 08:30 IST

                Styrene monomer (SM) prices climbed higher in Asia on Monday. The price rise was prompted by a sharp gain in upstream benzene values and improved buying inquiries in the region.FOB Korea SM prices were assessed up at the USD 555/mt levels, a gain of USD........
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                Crude oil prices spike last Friday.

                On 06 Apr 2020 at 17:15 IST

                Let's start with energy and feedstock news:Crude oil prices surged last Friday, on rising hopes for a deal between Russia and Saudi Arabia, to slash down the global crude oil supply. Brent futures spiked by USD 4.17 settling at $34.11 per barrel, while WTI........
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                Butadiene prices nosedive in Asia

                On 06 Apr 2020 at 08:30 IST

                Last week, butadiene prices plunged in Asia. The steep price fall was triggered by plentiful product availability and sluggish demand trends across the Asian regions.Bearish downstream ABS demand and pricing trends, further pressured prices lower.On Friday,........
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                Abel Chemical to resume production at SM plant

                On 06 Apr 2020 at 06:00 IST

                Abel Chemical, is in plans to bring on-stream its styrene monomer (SM) plant in Jiangsu province.A Polymerupdate source in China informed that, the company is likely to resume operations at the plant by mid-April, 2020. The plant was shut for maintenance on........
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                Propylene prices plunge in Asia

                On 04 Apr 2020 at 09:30 IST

                This week, propylene prices witnessed a steep drop in Asia. Price tumbled, as buying momentum was extremely sluggish, owing to lockdown in major Asian countries, owing to the widespread COVID-19 pandemic.Persistent lackluster downstream PP demand and pricing........
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                Chang Chun lowers run rates at Changshu solvents plant

                On 04 Apr 2020 at 08:40 IST

                Chang Chun Petrochemicals, is presently operating its phenol-acetone plant at around 80% of production capacity levels.A Polymerupdate source in China informed that, the company has reduced run rates at the plant on April 1, 2020. The reason behind the........
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                Crude oil prices rally over 20% on Thursday.

                On 03 Apr 2020 at 17:30 IST

                Let's start with energy and feedstock news:Crude oil prices soared over 20% on Thursday, the biggest one-day recorded rally, after the U.S. President Donald Trump stated to be expecting both Saudi Arabia and Russia to conclude onto a deal soon to bring an end........
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                OUCC restarts Linyuan MEG unit

                On 03 Apr 2020 at 08:40 IST

                Oriental Union Chemical Corp (OUCC), has restarted its Monoethylene glycol (MEG) unit following a turnaround.A Polymerupdate source in Taiwan informed that, the company resumed operations at the unit on April 1, 2020. The unit was shut for maintenance in........
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                Ethylene prices drift lower in Asia

                On 03 Apr 2020 at 08:30 IST

                On Thursday, Ethylene prices drifted lower lower in Asia. The sharp price fall was on the back of sluggish buying sentiments, coupled with continued bearish downstream PE demand and pricing trends.CFR North East Asia ethylene prices were assessed at the USD........
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                Crude oil prices plunge on Wednesday

                On 02 Apr 2020 at 18:00 IST

                Let’s start with energy and feedstock news:Crude oil prices retreated on Wednesday, following a bigger-than-expected rise in the U.S. crude oil inventories. The broadening conflict within OPEC and its allies concerning an oversupply of crude oil, further........
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                Propylene prices tumble in Asia on Wednesday

                On 02 Apr 2020 at 08:30 IST

                On Wednesday, propylene prices witnessed a sharp fall in Asia. Prices tumbled, mainly on account of continued bearish regional buying trends, coupled with weaker upstream crude and naphtha values.A plunge in downstream PP rates, further supported the price........
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                Hangjin Technology shuts PO unit

                On 02 Apr 2020 at 08:20 IST

                Hangjin Technology Co, has undertaken an unplanned shutdown at its propylene oxide (PO) unit.A Polymerupdate source in China informed that, the company halted operations at the unit on April 1, 2020. The exact duration of the outage could not be........
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                HDPE prices tumble in Asia.

                On 01 Apr 2020 at 17:15 IST

                Let’s start with energy and feedstock news:Crude futures displayed a mixed undertone on Tuesday. WTI futures rose, after China on Tuesday reported a strong manufacturing data. Brent crude prices inched lower, as the API on Tuesday reported a crude oil........
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                Ningbo Zhenyang shuts MIBK plant

                On 01 Apr 2020 at 08:40 IST

                Ningbo Zhenyang, has taken off-stream its methyl isobutyl ketone (MIBK) plant.A polymerupdate source in China informed that, the company has recently halted operations at the plant owing to weak economic fundamentals. The exact duration of the shutdown could........
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                Ethylene prices drop in Asia on Tuesday

                On 01 Apr 2020 at 08:30 IST

                Ethylene prices witnessed a drop in Asia, on Tuesday. The price fall was triggered by dampened demand trends in the region, coupled with bearish upstream crude and naphtha values. Persistent weaker downstream PE demand and pricing trends, further supported........
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                Open spec naphtha prices drop in Asia.

                On 31 Mar 2020 at 18:00 IST

                Let's start with energy and feedstock news:Crude oil prices crashed on Monday to the lowest recorded levels in 18 years, as the COVID-19 pandemic continues to cripple the fuel and energy demand globally. Also, no signs of optimism from Saudi Arabia to step........
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                GNFC undertakes unplanned shutdown at TDI plant

                On 31 Mar 2020 at 08:40 IST

                Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC), has shut its Toluene diisocyanate (TDI) units at Bharuch & Dahej.A Polymerupdate source in India informed that, the company has halted operations at the units last week owing to a nation-wide lockdown........
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                Propylene prices drop in Asia on Monday

                On 31 Mar 2020 at 08:30 IST

                A steep fall in upstream crude and naphtha values, coupled with continued poor demand trends across the Asian regions, owing to the wide spreading Coronavirus, forced propylene sellers to reduce their prices lower. Weaker downstream PP demand and pricing........
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                Crude oil prices slump last Friday.

                On 30 Mar 2020 at 17:30 IST

                Let's start with energy and feedstock news:Crude oil prices slumped last Friday, as the travel restrictions and lockdowns levied by the governments globally to contain spread of the COVID-19 snapped the crude oil demand, leaving the market with surplus amount........
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                Benzene prices crash in Asia

                On 30 Mar 2020 at 08:30 IST

                Benzene prices in Asia collapsed, last week. The steep price fall was on the back of a plunge in upstream energy and downstream SM rates.Sluggish demand trends and weak global cues, further supported the price drop.FOB Korea benzene prices were assessed lower........
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                Global News gives you an exhaustive picture of the breaking news related to global petrochemical and plastics industry to support your decision making process. The global news helps you unearth what's moving the market today so you can make timely decisions.

                Global News provides coverage of the crude oil, naphtha and its downstream sectors polymers and with breaking news, polymer product news, plant updates and market commentary.

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