<% title="Polymer Article Page" keyword="" description="" body_id="body_home" %> News On Jan-3-2003

Polymer News On Jan-3-2003

Naphtha gains on stronger crude values

Jan 3, 2003

Rising prices of crude globally continue to impact open spec naphtha rates as prices last evening in Asia at 17:30 hours Singap...


Korean Consortium ready to purchase ailing Hyundai Petrochemical Corp

Jan 3, 2003

Market sources in South Korea have informed the polymerupdate team that a consortium of Honam Petrochemical Corp. and LG Chem L...


PX price quotes heard at the USD 590/mt FOB Korea mark despite India~s Reliance lifting it~s force majeure

Jan 3, 2003

Reliance Industries Ltd had in the third week of December declared a force majeure on supplies of PX to it~s customers on accou...


Crude prices begin the New Year sharply higher

Jan 3, 2003

Crude prices on Thursday gained sharply on the back of U.S data released by the American Petroleum Institute (API) after tradin...


LDPE shipments from Middle East producer delayed (refile)

Jan 3, 2003

Engaged in a conversation with a well known Indian trader earlier today a polymerupdate team member was told, “ with Asian resi...


Haldia and GAIL sign an MOU

Jan 3, 2003

Indian media sources have confirmed that Haldia Petrochemicals Ltd (HPL) has entered into a production-cum-swap marketing deal ...


PP shipments from India delayed due to alleged plant trouble

Jan 3, 2003

A polymerupdate team member this morning was contacted by a well known Asian trader who informed him of delays of PP export shi...


Price gains continue in China in the New Year as producers hike various product rates

Jan 3, 2003

In keeping with the sustained gains seen in upstream energy prices and steady demand noted across the Asian region and in line ...


Crude prices continue to inch higher in day trade

Jan 3, 2003

February IPE Brent futures moved higher in early electronic trade today on the back of a large crude inventory draw reported in...


API data reveals sharp drop in crude oil stocks

Jan 3, 2003

According to the weekly statistics released by the American Petroleum Institute (API) after trading hours on Tuesday, US crude ...


Indian producer leaves LDPE prices unchanged

Jan 3, 2003

Taking a cue from a lead provided by a local trader earlier today regarding market rumours indicating an upward revision by Ind...


PP price offers across Asia - skyrocket

Jan 3, 2003

As many as 7 large Asian PP buyers contacted the polymerupdate office today and shared with the team their woes regarding avail...


PVC avails tighten in Asia allowing sellers to hike offer rates

Jan 3, 2003

A Hong Kong based trader when contacted by a polymerupdate team member today said, “ PVC demand remains steady as offer prices ...