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Weekly Market Drivers for the USA

Weekly Resin Summaries…

  • 24.06.2019

Weekly Market Drivers for the USA

Weekly Resin Summaries…

  • 17.06.2019

McDermott awarded tech contract for new PX unit in China

The unit will have a production capacity of 1.6 million tons/year…

  • 14.06.2019

Weekly Market Drivers for the USA

Weekly Resin Summaries…

  • 10.06.2019

Weekly Market Drivers for the USA

Weekly Resin Summaries…

  • 03.06.2019

May PX contracts concluded at split settlement in Europe

The latter settlement indicated larger drops…

  • 28.05.2019

Weekly Market Drivers for the USA

Weekly Resin Summaries…

  • 27.05.2019

Initial May PX contract settles in Europe

The new contract indicated smaller than expected drops…

  • 22.05.2019

Weekly Market Drivers for the USA

Weekly Resin Summaries…

  • 20.05.2019

PET prices hit multi-month lows in Asia and Europe

PET markets across Asia continued to spiral down amid lower upstream costs and weak demand. Similarly, spot PET prices both in Italy and Northwest Europe have remained bearish, indicating that the anticipated seasonal demand is yet to appear in the region...

  • 14.05.2019

Weekly Market Drivers for the USA

Weekly Resin Summaries…

  • 13.05.2019

Hengyi’s refinery, petchem project receives first crude shipment

The project includes a 1.9 million tons/year of aromatics plant…

  • 08.05.2019

Initial PET offers for May emerge stable in Europe

Buyers do not rule out possibility of seeing discounts…

  • 06.05.2019

Weekly Market Drivers for the USA

Weekly Resin Summaries…

  • 06.05.2019

Weekly Market Drivers for the USA

Weekly Resin Summaries…

  • 29.04.2019

Multi-month high oil prices fail to buoy Asian monomers, PX

Global crude oil futures followed a bullish path since early March before the rally stumbled late last week. Yet, it was eye-catching that neither ethylene propylene and styrene monomers nor PX responded to crude’s surge due to a series of reasons...

  • 29.04.2019

More producers announce May PX contracts to Asia

The nominations stand $20-60/ton above the previous settlement…

  • 26.04.2019

BP and SOCAR launch tender for new petchem complex in Turkey

The winning bidder is expected to be announced next month…

  • 25.04.2019

April PX contract settles in Europe

The new settlement was unchanged following 2 months of consecutive hikes…

  • 24.04.2019

JX Nippon and ExxonMobil nominate May PX contracts in Asia

The nominations stand $20-60/ton above the latest settlement…

  • 23.04.2019

PET expectations turn softer in Turkey

In Turkey, the import PET market came under pressure from competitive offers for some origins except for China. Players are now voicing their expectations to see further decreases given the recent drops in the upstream markets and cautious demand despite the high season...

  • 23.04.2019

Weekly Market Drivers for the USA

Weekly Resin Summaries…

  • 15.04.2019

Asian PET markets drift higher after explosion at Formosa’s plant

The explosion that occurred at Formosa Plastics Corp.’s facility in Mailao, Taiwan has found an immediate reflection on Asian PET markets as spot PX prices and PTA futures have firmed up after the incident...

  • 10.04.2019

Formosa assesses impact of Mailiao aromatics plant explosion

The company estimates a $32.5 million monthly loss after the explosion on April 7…

  • 09.04.2019

BREAKING NEWS: Explosion at Formosa Plastics’ facility in Taiwan

The incident occurred at the company’s aromatics complex on April 7…

  • 08.04.2019

757 record found.
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