US steam cracker margins climbed last week on higher spot prices and chemical plant outages. The US ethylene spot price jumped 6 cents on the week and was assessed Friday at 60-60.50 cents/lb FD USG, as olefins producer Williams ...
Tags: steam cracker, US, chemical plant outages, steam supply
The Government of Indonesia wants the country to become net exporter of petrochemical goods by 2016 from its current status of net importer, and hence it is developing two new upstream petrochemical centres. Muara Enim in South ...
Tags: petrochemicals, petrochemical goods, petrochemical centres
It was assessed by SunSirs that in the tracked 100 spot commodities,33 commodities increased in prices, 22 fell and 44 remained unchanged on 17/12/2012.The largest rises were SBR (3.36%),Iron ore (2.61%),Adipic acid (2.27%),while the ...
Tags: SBR, Iron ore, Adipic acid, Dysprosium oxide, Acrylic acid, Polysilicon
MNA reported that despite the well orchestrated attempts by Persian Gulf Arab oil producers to take over markets belonged to Iran, high benzene and gasoline productivity of Iranian crude and performance compared to other crude in the ...
Tags: high benzene, gasoline, crude, Iranian crude
Japanese petrochemical majors are scouting overseas countries to set up petrochemical plants either on the own or in joint ventures. Big petrochemical companies like Sumitomo, Asahi Kasei, Mitsui & Co, Mitsubishi Chemicals and Ube ...
Benzene market was stable in Asia,whereas it showed upward trend in Europe and US in the week ending December 15. In Korea,Benzene prices remained steady due to dull buying sentiment in the downstream market.In the early days of the ...
Tags: Benzene Trends, prices, market
Asian aromatics hit all-time highs this week on shrinking supplies and rising feedstock costs. Toluene and styrene monomer spot prices set new records Wednesday, assessed at $1,388.50/mt FOB Korea and $1,674/mt FOB Korea respectively while ...
Tags: Asian Aromatics, Chemicals, Tight Supply, Speculation
Zhejiang Huafon Spandex is planning to set up a benzene plant, the construction for which is expected to begin in March 2013. According to a senior official of the company who spoke to fibre2fashion, "They are setting up a new benzene ...
Tags: Benzene Plant, Chemicals, Huafon Spandex
Styrolution announced a 3-cent/lb($66/mt)increase on all US polystyrene resins,effective January 1,a company source said Wednesday. Styrolution's move followed an announcement by Americas Styrenics Tuesday that it would raise its US ...
Tags: Styrolution, 3-cent/lb, US polystyrene resins, benzene
Some South Korean styrene monomer producers have settled 2013 term supply contracts with their customers at a premium of $8-9/mt to Platts FOB Korea SM assessments, an increase of $2-3/mt from a premium of $6/mt for 2012 term contracts, ...
Tags: styrene monomer producers, spot prices, market sources
It was assessed by SunSirs that in the tracked 100 spot commodities,21 commodities increased in prices, 20 fell and 58 remained unchanged on 07/12/2012.The largest rises were PTA (1.22%),PET (0.96%),Coke (0.83%),while the largest falls were ...
Tags: commodities, spot commodities, largest rises
Asian benzene prices continued to edge up Wednesday to surpass the $1,450/mt psychological barrier on bullish buying sentiments, with morning pegs assessed at $1,462/mt FOB Korea, up $12.50/mt from Tuesday's close. Buyers were out in the ...
Tags: benzene prices, psychological barrier, bullish buying sentiments
The price of styrene monomer in Asia hit a four-and-a-half-year high of $1,645/mt FOB Korea and $1,672/mt CFR China Wednesday, as the price of feedstock benzene soared to a record high of $1,477/mt FOB Korea on the same day, Platts data ...
Tags: styrene monomer, feedstock benzene, benzene prices, overseas markets
The backwardation in the Asian styrene monomer market has steepened over the past one week as arbitrage cargoes from Europe and the US -- totaling around 20,000-30,000 mt -- are due to arrive in late December and early January, trade ...
Tags: SM prices, cargoes, styrene monomer
It was assessed by SunSirs that in the tracked 100 spot commodities,21 commodities increased in prices, 29 fell and 50 remained unchanged on 04/12/2012.The largest rises were Soybean meal (1.08%),PET (0.98%),LLDPE (0.78%),while the largest ...
Tags: Spot Commodities Price, 100 Spot Commodities, Commodities Price