Last week, propylene prices in Asia showed a mixed trend. CFR China propylene prices were assessed at USD 730-740/mt, with FOB Korea prices at USD 695-705/mt, representing a USD (+5/mt) increase week on week. The improvements were aided by tighter product supply and a minor increase in regional demand. CFR Taiwan propylene prices were assessed […]
Despite better upstream energy values, ethylene prices in Asia remained constant on Thursday. Subdued purchasing interest kept the market calm, while balanced supply fundamentals kept prices stable. CFR North East Asia ethylene prices were estimated at USD 725-735/mt, unchanged from Wednesday’s levels. CFR South East Asia ethylene prices were set at USD 715-725/mt, unchanged from […]
Dangote Group is pleased to announce that it has formed a strategic relationship with Honeywell International Inc to assist the next phase of expansion at the Dangote Petroleum Refinery. This agreement will deliver sophisticated technology and services that will allow the refinery to raise its processing capacity to 1.4 million barrels per day by 2028, […]
Due to muted trading sentiment in the region, ethylene prices in Asia remained flat on Wednesday despite a drop in upstream energy values. Ethylene prices in CFR North East Asia were evaluated at USD 725–735/mt levels, which remained constant every day. Ethylene prices in CFR South East Asia were evaluated at stable levels of USD […]
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