<% title="Polymer Article Page" keyword="" description="" body_id="body_home" %> News On Jan-31-2006

Polymer News On Jan-31-2006

Bearish pressures begin to weigh down on Asian PX prices

Jan 31, 2006

Spot prices of paraxylene (PX) came under a bout of bearish pressures this week with buying at a standstill, accentuated by the...


Japanese trader down revises his bid for PP in wake of weaker propylene values

Jan 31, 2006

While in conversation with an individual working for a well known Japanese trading house a polymerupdate team member today was ...


Solvent and Isomer grade MX prices in Asia quote firm

Jan 31, 2006

Solvent grade MX prices in Asia this morning were pegged steady with sellers defending their offers at the firm levels seen rul...


PET resin prices in India - hiked

Jan 31, 2006

In keeping with the rising prices of PET resin across the rest of Asia and in line with gains recorded in upstream prices of PT...


Iran to be referred to the UN Security Council

Jan 31, 2006

Ahead of the crucial International Atomic Energy Agency (IAEA) meeting scheduled for Thursday this week to discuss Iran~s contr...


Buyer bids for February OX at below the USD 850/mt CFR mark

Jan 31, 2006

Orthoxylene (OX) markets in Asia today were quiet owing to holidays in China, Taiwan, Indonesia and Malaysia. Sellers however w...


Propylene prices in Asia - plunge

Jan 31, 2006

Propylene prices which late last week in Asia were seen faltering, fell sharply this Tuesday morning as sellers came forward wi...


Ethylene prices in Europe expected to climb on account of a spate of regional shutdowns

Jan 31, 2006

Ethylene prices in Europe have come under immense upward pressure owing to a spate of planned and unplanned outages in the regi...


Distributor of an Indian resin producer confirms a slowdown in PP and PE sales

Jan 31, 2006

A distributor of an Indian resin producer while in conversation with a polymerupdate team member this afternoon while requestin...


With Indonesia~s Kaltim shutting down it~s methanol plant - sellers seek price hikes in South East Asia

Jan 31, 2006

Although holidays in China did prompt methanol buyers across most parts of Asia to remain on the back foot this week, limited a...


MCX Plastics Commentary January 31st, 2006

Jan 31, 2006

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South Korea~s Honam to sign a JV agreement with Japan~s Mitsubishi Rayon

Jan 31, 2006

According to a polymerupdate source in South Korea, Honam Petrochemical Corp will enter into a Joint Venture agreement with Ja...


India~s Finolex to double PVC output by March 2006

Jan 31, 2006

According to a local polymerupdate source, India~s Finolex Industries Ltd plans to hike it’s PVC output capacity by March this ...


MEG prices in Asia appear to have neared peak

Jan 31, 2006

MEG prices in Asia which ended last week firm, were seen faltering a tad on Tuesday morning in the region with the growing abse...


Asian butadiene prices race higher

Jan 31, 2006

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Ethylene prices in some parts of Asia begin to look tired

Jan 31, 2006

Buying interest across Asia’s ethylene markets cooled off on Monday as several players were on holiday including in China, Taiw...


Crude prices climb as Nigerian militants renew threats to destroy oil rigs and pipelines

Jan 31, 2006

On the eve of the scheduled OPEC meeting in Vienna, global crude oil prices climbed. Nigerian militants released the four kidna...