China's surprise devaluation of the yuan on Tuesday, when the country's central bank set the official value of the renminbi about 2% weaker against the dollar, has not hit the petrochemicals complex in a significant way, industry ...
Tags: polymer, carbide PVC
China's appetite for imported naphtha has grown since the start of the year on the back of strong demand from petrochemical producers, market sources and traders said this week Imports of the petrochemical feedstock over January-April ...
Tags: Imported Naphtha, Naphtha
India is set for some spectacular growth in polyester production over the next 6 years, going up from just over 5 million tonnes to well over 10 million tonnes by 2020, according to Philips Gibbs, the group MD for PCI Xylenes and ...
Tags: raw material, polyester production, Textilec
PetroChina cut its ex-works offer for isomer-grade mixed xylenes in South China by Yuan 100/mt, or 1.2%, to Yuan 8,250/mt effective Tuesday, according to market sources. The revised price is equivalent to $1,109/mt on an import parity ...
Tags: PetroChina, mixed xylenes, xylenes
Toluene hydro-dealkylation units in Europe are maximizing their run rates amid continuous strength in the benzene market, leading to a renewed interest in incremental toluene, according to sources. This has already triggered some spot ...
Tags: Benzene, Toluene, hydro-dealkylation
Counter bids for the April Asian Contract Price for paraxylene are seen to come in at around $1,050-1,100/mt CFR, sources close to the negotiations said Thursday. The four PX ACP sellers in Asia -- ExxonMobil, Japan's Idemitsu Kosan and ...
Tags: Paraxylene, PTA market, PTA producers
South Korea's spot supply of solvent-grade mixed xylenes for April loading will fall by up to half of its typical volume because of lower yields from naphtha-fed steam crackers' use of butane in its feedstock mix, a market source said ...
Tags: solvent-grade mixed xylenes, butane, LPG
The price spread between Asian paraxylene and isomer-grade mixed xylenes on an FOB Korea basis narrowed $2/mt from Tuesday to a more than three-year low of $154.50/mt Wednesday, with MX staying relatively supported while PX and downstream ...
China Petroleum and Chemical Corp., or Sinopec, has cut its ex-works prices of isomer-grade mixed xylenes in South China by Yuan 100/mt, or 1.1%, and its solvent-MX prices by Yuan 100/mt, or 1.1%, effective Wednesday, market sources said ...
South Korea's November exports of isomer-grade mixed xylenes fell 14% from October to 27,372 mt due to a turnaround and lower shipments to key market China, data released Monday by the Korea Customs Service showed. South Korea exported ...
Tags: Petrochemical, Energy
Taiwan's CPC will likely sell 10,000-30,000 mt of isomer-grade mixed xylenes in 2014, as it runs one paraxylene units every other month and keeps the other two PX units shut due to thin margins, a market source said Monday. CPC has been ...
Tags: Taiwan, CPC, paraxylene, chemical
PetroChina cut its ex-works offer for isomer-grade mixed xylenes in South China by Yuan 100/mt, or 1.1%, to Yuan 8,900/mt effective Wednesday, market sources said Thursday. The revised price is equivalent to $1,203/mt on an import parity ...
Tags: PetroChina, mixed xylenes
PetroChina cut its ex-works offer for isomer-grade mixed xylenes in South China by Yuan 100/mt, or 1.1%, to Yuan 8,900/mt effective Wednesday, market sources said Friday. The revised price is equivalent to $1,201/mt on an import parity ...
Tags: Chemicals, PetroChina, xylenes
The spread in Asia between paraxylene and feedstock isomer-grade mixed xylene hit a three-year low of $160/mt Wednesday, amid an open arbitrage into Asia for PX but tight regional supplies for isomer-MX. On Wednesday, Platts assessed the ...
Tags: Paraxylene, Chemicals
The price spread between Asian paraxylene and isomer-grade mixed xylenes narrowed $19/mt Monday from Friday's level, to $173/mt, a one year-low, as MX was strengthening amid a bearish PX market, Platts data showed. Isomer-MX on an FOB ...
Tags: Metallurgy, Mineral