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Polymer News On Aug-31-2004With prices of energy falling and SABIC lifting it~s force majeure on ethylene supplies in Europe, early signals of a possible price correction begin to surfaceAug 31, 2004The ethylene markets in Europe this week were being closely monitored by players in Asia who noted that last week SABIC had lif... Unplanned shutdown at Mitsubishi~s cracker from tomorrowAug 31, 2004Market sources in Japan this afternoon informed the polymerupdate team that Mitsubishi Chemical Corp., Japan~s largest producer... MEG prices surge in Asia - analyst however signals cautionAug 31, 2004MEG prices in Asia raced higher on the back of strong upstream ethylene prices coupled with a rush for cargo from both speculat... Ethylene prices driven higher however market peak may be close at handAug 31, 2004Driven partly by speculation and partly by actual buyer requirements, prices of ethylene in Asia last week surged to levels ab... Weakening demand from China supports fall in Asian MX pricesAug 31, 2004Isomer grade mixed Xylene prices in Asia which late last week were seen dipping on the back of tumbling crude values, continued... Sentiments in the PX markets begin to weakenAug 31, 2004Buyers across Asia’s PX markets this morning were seen maintaining a cautious stand on fresh purchase commitments as upstream e... Discounts on spot naphtha parcels -gainAug 31, 2004Discounts on spot physical naphtha in Asia gained ground this week with regional markets seen well supplied with product especi... Asian naphtha prices continue to slipAug 31, 2004Tracking the fall in overnight crude oil values, Asian open spec naphtha prices were heard quoting weaker this morning with pri... Benzene buyers withdraw to the sidelinesAug 31, 2004Quiet markets in the US coupled with falling global energy values and a bearish outlook in downstream SM in Asia in October, p... Indian PS producers announce sharp price hikesAug 31, 2004Indian PS producers today announced sharp price hikes in their offers in keeping with the firm Asian quotes for SM feedstock wh... The slide in global crude prices on Monday - continuesAug 31, 2004Crude prices on Monday declined owing to a bout of profit booking which was prompted by reports that OPEC had indicated plans t... ABS makers continue to target high prices - buyer interest however begins to waneAug 31, 2004A short while ago a polymerupdate team member spoke with an ABS processor in South East Asia who when asked to comment on the c... Propylene prices in the spotlight in Asia - traders anticipate a correction in SeptemberAug 31, 2004Propylene prices in Asia which on Monday were heard quoting rock solid at the USD 1050/mt FOB Korea levels came under the spotl... |