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152 record found.

NYMEX crude futures break below $40/barrel threshold

NYMEX crude oil futures broke below the $40/barrel threshold on August 2, for the first time since early April due to...

  • 03.08.2016

Initial July PX contract settles in Europe

An initial July PX contract has been settled in Europe. The new settlement was agreed at €...

  • 05.07.2016

PP sellers soften stance in Europe, July outlook evaluated

Many distributors across the European PP market stepped back from their prices last week due to pressure from muted demand despite higher propylene contracts. As a result, spot PP prices softened in Italy and...

  • 21.06.2016

Spot styrene prices tracking opposite trends in Europe and Asia

Spot styrene prices are tracking opposite trends in Asia and Europe this week. Prices gained some ground in Europe ahead of June on the back of the firm energy complex as well as production issues in the region whereas Asian styrene...

  • 31.05.2016

June propylene contracts fully settle in Europe

June propylene contracts have been fully settled in Europe...

  • 25.05.2016

Egypt’s second PE producer ETHYDCO starts ethylene production

Egypt is readying to welcome its second PE producer, ETHYDCO, at the end of May at the earliest. However, the producer has already started their ethylene production and made some deliveries to customers...

  • 16.05.2016

Asian PS markets track weaker styrene

Following the retreating Asian styrene costs, PS markets tracked a downward trend both in the Southeast Asian and Chinese markets, during this past week. Apart from weaker styrene, overall demand is not performing well for PS, according to players’ reports...

  • 09.05.2016

Naphtha prices move above $400/ton threshold in Europe

According to market sources, spot naphtha prices posted consecutive increases to move above the $400/ton threshold in Europe due to higher crude oil prices....

  • 29.04.2016

May PX contracts nominated in Asia

Market sources report that Asian PX producers have begun to nominate their May PX contracts to the region. Accordingly, Japan's Idemitsu Kosan and JX Nippon Oil & Energy announced their PX new contracts at

  • 26.04.2016

Output freeze to be discussed at next OPEC meeting

According to media reports, oil exporting countries will continue to discuss a possible output freeze in the next OPEC meeting...

  • 22.04.2016

Indian PS prices see correction on thin demand in Turkey

In Turkey, players report some downwards adjustments on Indian PS prices this week. The main reason behind the correction is....

  • 22.04.2016

Is sentiment changing in Asian PP markets?

In Asia, the firm sentiment of the PP market appears to have shifted during this past week with more players, operating both in China and Southeast Asia, questioning whether prices are about to reach their peak levels or not...

  • 18.04.2016

European PVC producers: We seek full ethylene hike

European PVC producers, who conceded to discounts on their PVC prices during the month of March in spite of the globally firming trend, appear to have changed their stance this month. Producers in the region are now seeking to recover the full ethylene contract hike...

  • 07.04.2016

April PE prices start on firm note across Europe

The European PE market started April on a firm note in line with expectations after ethylene contracts fully settled up €60/ton from March. Initial PE hikes are seen outpacing...

  • 05.04.2016

European PVC producers aim for entire ethylene hike

The European PVC market is tracking an upward trend at the beginning of April after ethylene contracts settled...

  • 05.04.2016

Italy’s PET market outlook firm for April

In Italy, the PET market’s outlook appears firm for April while players in the country closed their March deals with mostly €...

  • 04.04.2016

March PX contracts settle in US

According to market sources, March PX contracts have been settled in the US. The new contracts were settled at...

  • 01.04.2016

April butadiene contract settles in Europe

April butadiene contract has been settled in Europe. The new contract level represents...

  • 28.03.2016

Arbitrage window opens to Southeast Asian PP market from China

According to ChemOrbis Price Wizard, import homo-PP prices are offered at a discount in China when compared to the prices given to Southeast Asia...

  • 28.03.2016

April PE prices surface with increases in SEA

Initial PE offers from the Middle East and Asia started to surface with hike requests in Southeast Asia this week. Suppliers blamed supply constrain as well as increased upwards pressure from costs to justify their renewed hike targets...

  • 25.03.2016

Local PP and PE markets see large hikes in Vietnam

In Vietnam, local PP and PE prices have been on the rise since the beginning of February. According to ChemOrbis Price Wizard, local prices gained three digit increases over a month’s time...

  • 21.03.2016

Turnarounds in Asia pull up propylene prices further

In Asia, cracker turnarounds continue to pull up the monomer markets. As a result of the current and upcoming shutdowns, spot propylene prices have recorded further increases. Looking at prices, they stand $...

  • 10.03.2016

Asian PET markets rise on costs, improved demand

In Asia, export PET bottle prices continued to increase both out of China and South Korea after hitting their lowest levels since late 2008 during mid-January and early February this year...

  • 07.03.2016

Rising styrene costs support downstream markets in Asia

Spot styrene costs in Asia posted increases when compared to the beginning of February which supports downstream markets in the region. PS and ABS suppliers added to their hike requests this week citing higher production costs while several styrene turnarounds scheduled for spring...

  • 26.02.2016

Reduced supply pushes up ethylene prices in Asia

The sentiment is firm in Asia’s ethylene market this week as spot prices gained ground in line with expectations. Dwindling supplies due to scheduled cracker shutdowns were...

  • 23.02.2016

152 record found.
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