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Crash in Acetic acid market in China with supply exceeding the demand
  • 30-Nov-2021 06:35 AM
  • Journalist: Robert Hume

In this week, the local producers of China decreased Acetic acid prices to $1092/ton Ex-works Qingdao compared with the price of $1133/ton with week-on-week declination of 3.75%. Compared to the... Read More

Is there any light at the end of the tunnel for US Polyethylene and Polypropylene?
  • 30-Nov-2021 06:16 AM
  • Journalist: Nicholas Seifield

US Polypropylene (PP) and Polyethylene (PE) prices have remained at record levels all throughout the year beginning in Q4 2020. Monthly average prices of Polypropylene copolymer from January 202... Read More

Crude Oil recovered to an extent sans record fall, Petrochem market still in the doldrums
  • 29-Nov-2021 06:11 PM
  • Journalist: Robert Hume

Crude Oil futures recovered on Monday, after measuring record decline on Friday. The sudden fall in both Brent and WTI crude oil prices was caused by the emergence of cases for another covid var... Read More

New Coronavirus Variant, High Supply to Hit Crude Oil Prices
  • 29-Nov-2021 01:59 PM
  • Journalist: Xiang Hong

Crude oil experienced sharp fall during Asian trading with the ICE Brent Futures dropping by close to 5% owing to heightened concerns of over supply during the first quarter of 2022. The rise in... Read More

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