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Polymer News On Jan-31-2005Indian producers revise higher prices of PP and PVCJan 31, 2005A short while ago a local source informed a polymerupdate team member that Indian petrochemical majors Reliance Industries Ltd ... Naphtha prices in Asia - plungeJan 31, 2005Asian open spec naphtha prices on Friday last week ended firm with 1st half of March bid prices at 17:30 hours Singapore time h... PS maker in China hikes offer pricesJan 31, 2005A polymeurpdate source in China this morning reported that Ocean Enterprise Group Corporation up revised its ex-work offers for... Buying tempo across India today remains activeJan 31, 2005Despite weaker energy numbers, the buying tempo across the Indian subcontinent today continued to remain active as most were of... Methanol buyers in Asia mixed in their outlookJan 31, 2005Select methanol traders from across Asia shared their opinions with the polymerupdate team today and were found to be glaringly... Producers in Asia not yet willing to lower their offers in response to lower energy numbers - unclear as to whether the downtrend in crude and napthha will sustainJan 31, 2005A Hong Kong based trader today informed a polymeurpdate team member that producers in the region were behaving in a rather curi... Asahi plans turnaround at it~s ACN unitsJan 31, 2005Sources in Japan today confirmed that Asahi Kasei Chemical planned to shut its 300 kt/annum acrylonitrile (ACN) unit located in... SM which last week recorded sharp price gains finds buyer hesitation building at the start of the day todayJan 31, 2005Asian prices of Styrene Monomer (SM) galloped higher last week, ending firm on the back of strong upstream benzene prices which... Benzene prices end last week firm however buyers begin the current week cautiousJan 31, 2005Reports last week of Nippon Petrochemical settling it~ s February Contract Price (CP) at the USD 870/mt CFR Taiwan mark, up a w... Propylene prices hit a road block - buyers bid at below USD 900/mt CFRJan 31, 2005Propylene prices were seen hitting a kind of a roadblock at the start of the day today, having showed signs of strength last we... Toluene trade in Asia slows - buyer bids edge lowerJan 31, 2005While in conversation with select traders of toluene the polymerupdate team this afternoon were told that buying activity in th... OX sellers targeting higher numbers get a cold shoulder response from the buying communityJan 31, 2005OX prices in Asia ended last week flat and were expected to correct marginally downward this week on the back of lower energy n... OPEC decides to leave production unchangedJan 31, 2005At a meeting held in Vienna on Sunday, January 30th 2005, OPEC decided to maintain its current oil production ceiling of 27 mil... Butadiene prices end last week firm however buyer bids at the start of the day today revise lowerJan 31, 2005Planned plant turnarounds at select regional facilities in Asia coupled with a situation of already tightened supplies in the r... Ethylene price targets set at the USD 1100/mt CFR mark - a majority of buyers however brush off these efforts as urnealisticJan 31, 2005Ethylene feedstock prices across Asia last week ended firm with CFR offers for February pegged at an ambitious USD 1100/mt leve... Ethylene seller justifies his call for higher February prices despite weaker energyJan 31, 2005Weaker energy prices notwithstanding, sellers of ethylene continued to chase higher target prices on Monday across Asia with on... MEG sellers find success in hiking offers last week - trend may however hit a road block in the current weekJan 31, 2005A rebound in buyer demand last week allowed sellers of MEG to hike their offer prices with added support seen extended from gai... |