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, […]
Nuberg EPC of India, a global leader in engineering, procurement, and construction (EPC) services for the chemical process industry, has been awarded a contract to execute a Chlor-Alkali expansion project with a 120 tonne per day capacity and an 80 TPD Calcium Chloride Plant for Al Ghaith Chemical Industries in Sur Industrial City, Oman. The […]
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 […]
In Asia, the price of propylene did not change on Tuesday. Stable prices were a result of the region’s muted trading environment. Propylene prices for FOB Korea were evaluated at USD 690–700/mt, which was consistent with the levels determined on Monday. Propylene prices in CFR China were evaluated at USD 725–735/mt levels, which remained constant […]
Due to weak regional demand trends and a decline in upstream naphtha values, ethylene prices in Asia slightly decreased on Tuesday. Ethylene prices in CFR South East Asia were evaluated at USD 715–725/mt, which was USD (-5/mt) less than the levels evaluated on Monday. Ethylene prices in CFR North East Asia were evaluated at USD […]
Propylene prices crept higher in areas of Asia last week. Supply constraints, caused by lower operating rates at some plants, fueled the price increase. Improved purchase activity, suggesting strong demand optimism, sustained the upward trend. CFR China propylene prices were estimated at USD 725-735/mt, an increase of USD (+20/mt) over the previous week. FOB Korea […]
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