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European Ethylene Prices Drop Again
Chemplast Sanmar, Clean Science Grow
BASF Launches Biomass Ammonia, Urea
Jubilant Ingrevia Faces Market Challenges
South Korea Styrene Exports Surge
Customs Introduces New Exchange Rates
Dow Drives Plastic Recycling and Sustainability
Dow Expands Propylene Glycol Capacity
European Butane Prices Plunge Amid Demand
Global Naphtha and Propylene Prices Hold Steady
Honeywell's NEP Process: Olefins Advancement
OCI NV: Methanol and Ammonia Insights
Steady Petchem Feedstock Prices in Asia Markets
Latest Market News Of Chemicals
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Daily Market Report
18 May
OfBusiness Chemicals Daily Market Report | 18th May 2024
24 hours ago
Chemicals
Daily Report
OfBusiness
In the domestic market, importers have increased Methanol prices by Rs.0.5/kg to Rs.26.5/kg ++ Ex-Mumbai and Rs.26.25/kg ++ Ex-Kandla, with advance payment terms. Bulk deals have been observed at lower rates, around Rs.26.25/kg ++ Ex-Kandla, on 60-day LC terms with lifting within two weeks.
9
106
Early-May Stability Shows US HCl Market Amid Decreased Downstream Sales
24 hours ago
Chemicals
News
CHEMANALYST
Despite a 1.3% plunge in US Hydrochloric Acid (HCl) prices in April 2024, stability marks the early-May landscape, driven by a minimal 0.1% steel rebar fluctuation and a significant 9% caustic soda price surge, indicating persistent HCl demand.
13
28
Ethylene Vinyl Acetate Prices Rise Amidst Improved Demand, Outlook Appears Stable
24 hours ago
Chemicals
News
CHEMANALYST
Increasing Ethylene Vinyl Acetate prices in the US due to improved demand from packaging, solar, and footwear industries. US footwear market remains resilient with retail sales stabilizing at $9.1 billion, mirroring Q1 2023 figures.
3
90
Global EDC Markets Navigate Turbulence Amid Cracker Closures and Logistics Challenges
24 hours ago
Chemicals
News
CHEMANALYST
Cracker closures in Europe resulted in a drop in Ethylene Dichloride (EDC) prices and market upheaval. SABIC and ExxonMobil's decision to close their crackers affected market balance, leading to decreased demand.
3
175
Saudi Aramco Signs MOUs with U.S. Firms to Advance Lower-Carbon Solutions
24 hours ago
Chemicals
News
Oil Price
Saudi Aramco pens MOUs with US-based companies, aligning with sustainable energy objectives. The agreement will improve pipeline integrity and advance lower-carbon solutions, promoting sustainable resource consumption across industries.
16
41
BASF Introduces Inaugural Biomass-Balanced Items to Ammonia and Urea Range
24 hours ago
Chemicals
News
CHEMANALYST
BASF debuts its first biomass-balanced (BMB) urea and ammonia products, extending its BMB range within the ammonia chain. The diverse portfolio includes various ammonia, urea prills, and urea solutions, all carrying the BMBcert™.
7
231
LyondellBasell adds new distribution hub in Hungary for polyolefins grades
24 hours ago
Chemicals
News
Indian Chemical News
Global chemical industry leader, LyondellBasell, has established a new distribution hub for its polyolefins grades in Hungary, following the UK hub opening in November 2023, aimed at improving customer experience by reducing order lead times.
13
53
Asia Naphtha/Gasoline-Gasoline markets steady; Pertamina issues H2 term tender
2 days ago
Chemicals
News
Hellenic Shipping News
Asia's gasoline markets remained balanced as declining U.S. inventories counterbalanced losses due to elevated Singapore stocks; Pertamina launches its H2 term tender.
19
207
Dow adds 80,000 TPA propylene glycol capacity in Thailand
2 days ago
Chemicals
News
Indian Chemical News
Dow has expanded its propylene glycol capacity by 80,000 TPA at its facility in Map Ta Phut, Thailand, making it the largest such facility in Asia Pacific. The expansion is expected to provide a cost competitive supply of materials.
6
157
Acetylene Prices Surge Amidst Growing Market Demand
2 days ago
Chemicals
News
CHEMANALYST
April 2024 saw a surge in acetylene prices due to increased downstream demand in Asia, particularly India and China. This reflects China's recovering economy and boost in construction, marked by a significant rise in new home prices.
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239
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Chemicals Prices
Imported
Methanol
Bulk
₹
26.7/
KG
0%
23 hours ago
EX -
Kandla
Imported
Methanol
Bulk
₹
26.9/
KG
0%
23 hours ago
EX -
Mumbai
)
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