US OLEFINS With the February propylene contract having settled last week, US olefins participants said they were now awaiting February ethylene contract settlements this week. Trade participants were expecting a...

Tokyo — Saudi Aramco introduced flexible monthly LPG contract pricing for the first time in many years in January, allowing term buyers to choose the current or next month's contract...

Singapore — Polychem Indonesia plans to shut its 96,000 mt/year monoethylene glycol line at Serang in Java next week, without a confirmed restart timeline, in response to poor margins, a...

Singapore — Recent cracker outages in Europe resulted in an uptick in European prices of benzene and styrene, which market sources said Tuesday could have some effect on trade flows...

Singapore — China's plan to cut the rate of value added tax this year has been generally welcomed by commodity markets, as the lower cost burden would help businesses and...

London — Crude oil futures were broadly flat during most of the European trading morning Tuesday, although they have started an upward swing despite potential bearish fundamental changes on the...

London — OLEFINS: The European olefins market is starting to show signs of tightness. Ethylene supply in Europe remains long, although trade sources have begun to report lower spot discounts...

London — Crude oil futures saw signs of recovery Monday morning in European trading after Friday's sharp drop, on the back of a mixed bag of falling rig counts in...

Singapore — The Asian petrochemicals market saw a general firmness across many products in aromatics, olefins, polymers and intermediates. This is largely as many buyers had fully returned after the...

London — Turkish petrochemical and plastics producer Petkim has increased its PP, LDPE and HDPE list prices for March 1, a company source said Friday. Petkim has increased official PP...