Ethylene prices in northeast Asia have broken the $400/t cfr floor as supply outstripped demand in the region.
News ID: 9155 Publish Date : 2020/04/15
India has increased its exports of paraxylene (PX) following a nationwide lockdown since 25 March, putting pressure on discounts for cfr China cargoes.
News ID: 9154 Publish Date : 2020/04/15
Hüttenes-Albertus (HA), the world’s leading manufacturer of chemical products for the foundry industry, has announced that the company will continue its partnerships with the US-American specialty chemicals company SI Group in both Brazil and South Africa - following the termination of the agreement between ASK Chemicals and SI Group in terms of the intended disposal of SI Group´s Industrial Resin business to ASK Chemicals.
News ID: 9146 Publish Date : 2020/04/14
Indian state trading agency MMTC has called a purchase tender requesting long-term urea supply direct from producers.
News ID: 9144 Publish Date : 2020/04/14
Demand for polymer resin in India continues to slow amid transport restrictions and the shutdown of plastic conversion plants, with at least 85pc of plants shut.
News ID: 9141 Publish Date : 2020/04/14
India's demand for key petrochemical products may take longer to recover as the country's lockdown has been extended until 3 May to curb the spread of Covid-19 in the Indian subcontinent.
News ID: 9140 Publish Date : 2020/04/14
Iran’s petrochemical industry is on the frontline of fighting the coronavirus since the past two months, taking measures to help prevent and control the novel virus.
News ID: 9127 Publish Date : 2020/04/12
State-controlled Indian refiner IOC may be forced to maintain a shutdown at its petrochemical units in Paradip following an extension of the Covid-19 lockdown in the eastern state of Odisha, where the plant is located.
News ID: 9091 Publish Date : 2020/04/09
State-controlled Qatar Fuel's subsidiary Woqod has issued its third tender this year to import 12,000-15,000t of bitumen for delivery from 25 April to 5 May.
News ID: 9072 Publish Date : 2020/04/08
South Korea's Hyundai Cosmo Petrochemical (HCP) has closed its No.1 aromatics complex in Daesan for scheduled maintenance from 8 April for 30-45 days.
News ID: 9071 Publish Date : 2020/04/08
Lower refined products demand as a result of stay-at-home orders around the globe is reducing anode-grade green petroleum coke production and affecting some calcined coke supply.
News ID: 9070 Publish Date : 2020/04/08
Malaysia's Lotte Titan has restarted its main cracker after a major turnaround at its facilities in Pasir Gudang, Johor Bahru that started in early March.
News ID: 9069 Publish Date : 2020/04/08
Polymer inventories in China have slipped slightly as the country gradually returns to work after the months-long Covid-19 lockdown.
News ID: 9067 Publish Date : 2020/04/08
Indian state-controlled refiner MRPL has issued an export tender offering 7,000t of polypropylene (PP) grades.
News ID: 9047 Publish Date : 2020/04/06
Losses, cancellations and delays to export orders for Chinese-made goods from the western hemisphere amid the coronavirus outbreak are posing a significant threat to the survival of export-oriented Chinese manufacturers.
News ID: 9026 Publish Date : 2020/04/02
Corrects derivative capacities in third paragraph
News ID: 9008 Publish Date : 2020/04/01
Indian polymer demand is continuing to fall as the country approaches its second week of a 21-day lockdown to stem its coronavirus outbreak.
News ID: 8992 Publish Date : 2020/03/31
Polymer futures on China's Dalian Commodity Exchange (DCE) rebounded slightly today after hitting fresh 16-year lows yesterday, hit by the global spread of the coronavirus and slumping crude prices.
News ID: 8991 Publish Date : 2020/03/31
India's state-controlled Bharat Petroleum (BPCL) has reduced operating rates at its refinery-linked petrochemical units in Kochi and Mumbai because of the nationwide lockdown imposed to curb the spread of coronavirus.
News ID: 8988 Publish Date : 2020/03/31
Negotiations for the April paraxylene (PX) Asia Contract Price (ACP) have failed to settle because of a wide bid-offer gap amid the current volatile market situation.
News ID: 8987 Publish Date : 2020/03/31
