Maleic Anhydride prices in China have been steady since the mid of April, despite volatility in the feedstock Benzene market. In contrast to America and Europe, benzene prices in Asia have been volatile for a long time. The downstream Unsaturated Resin ma...
Skyrocketing Natural Gas prices driven by the Russia-Ukraine war had already been surging the Petrochemical market across the globe. Weakening Asian Natural Gas sentiments and less competition for European buyers eager to displace Russian energy supplies...
Asahi Kasei, Japanese Chemical MNC, has stated that the Company has opened a new Foam Lab at its Research & Development centre in Dusseldorf, Germany. The main aim behind the launching of the new Lab is to localize the technical support and grade deve...
Maleic Anhydride prices are expected to grow in the global market in the coming weeks as the price of petroleum rises owing to the ongoing Russia-Ukraine conflict. Crude oil prices may also raise freight costs, causing the trading price to rise.
Polystyrene prices will increase in the global market by flooding upstream crude oil and Natural gas costs. Consequently, styrene monomer prices will also increase, directly affecting the downstream industries.
Tight Supply and Severe Weather Conditions may further Spike Malaysian Glycerine Prices. CPO production shortage has a direct bearing on the prices of Glycerine as vindicated by the production disruptions across 2021.
Impacts of Omicron variant have made its presence felt where first instances of variant induced supply shortage are manifesting in key Asian Acrylic Acid market. Southeast Asia has been at the forefront where trading activities have been badly hampered du...
Due to moderate demand, the prices of Polyethylene and Polypropylene rolled over in Saudi Arabia. The Ex-Works Riyadh LDPE prices were observed to be $6168/ton Film grade, $4950/ton for LLDPE injection grade, $4875/ton for HDPE Blow-moulding, and $5850/to...
The domestic r-PET market has been going from strength to strength since March, a strong Q2 further catapulted the product among top commodities in the USA.
The prices of Butyl Acetate in the Southeast Asian market dropped down this month. In Singapore, the FOB Jurong prices of Butyl Acetate were observed to be $1321/ton with a declination of 8.9%.
In China, the MEG market encountered a hike in the pricing trend due to the congestion on the several ports of China and lower production rates in the latter half of the quarterbacked by an energy crisis.
After staying on the uptrend continuously since September 2021, the prices of recycled polypropylene in India exhibited a steep downfall during December settling at INR 108990 (USD 1439.6) per MT Ex-Delhi NCR.
Natural gas prices in the UK are unlikely to change sentiment as the winter season moves ahead and is about to hit its peak, keeping energy consumption levels strong and in turn, maximizing demand for natural gas.
the curtailment of the available supply of Nutraceutical products in China will drive the pricing competitiveness amongst the producers in the domestic market.
The polypropylene market in Europe witnessed a downward trend backed by the ample availability of the product amidst its dampened demand. In the European region, improved import rates and higher production rates led to the adequate supplies of PP in the...