Chemicals Prices

Two PDH plants continue activities, another two shut for upkeep  Hypothetical handling edge drops to less Yuan 47/mt  More PDH plants shut for upkeep in Jan because of negative edge  China's propane dehydrogenation plants worked at a normal pace of 85% in December, up further from 80% in November, as two PDH plants raised their working rates in the wake of recouping from support a month ago, S&P Global figurings dependent on information from local data supplier JLC indicated Thursday. Oriental Energy's 660,000 mt/year Ningbo Fuji PDH plant in eastern Zhejiang region worked at around 91% of its nameplate working limit, up further from 61% in November, JLC information appeared. The plant continued activities November 11, after a planned support that began October 6. Somewhere else, Tianjin Bohai Chemical's 600,000 mt/year PDH plant in northern China additionally raised its working rate to 81% in December, from 51% in November, as per JLC information. The ...

Chemical Maket Supply to increment as new treatment facilities balance out  Open exchange to US mayincrement deepsea request  Benzene was surveyed down $4/mt week on week at $731/mt FOB Korea Satursday as announcements for February-appearance cargoes were closed (ChemicalMaket) . The exchange window has opened between North Asia and the US, where costs have risen quite since the start of the month, bolstered by more grounded European valuing as tight residential inventory. Walk DDP USG was heard exchanged at 263 pennies/lady Thursday, or $786.37/mt, leaving a $59.37/mt spread to Feburary FOB Korea benzene. Benzene accessibility in the US has been obliged by a decrease in imports from South Korea, with under 110,000 mt stacking in November and December and just shy of 7,000 mt stacking during the initial 10 days of January, down from a little more than 118,000 mt in September. Chemical Maket members kept on taking note of the tight inventory and said the high...

Toluene Update :- Asian Toluene Daily Commentary: FOB Korea down $1/mt on day in the midst of little movement  CFR Japan naphtha plunges 37.5 pennies/mt  SE Asia sees minor stock snugness  Exercises in the Asian toluene showcase mitigated Satursday as the week attracted to a nearby. Basics were genuinely steady, leaving the FOB Korea toluene marker crawling down $1/mt day on day to remain at $689/mt on Satursday's Asian close. Benchmark CFR Japan naphtha physical was down 37.5 pennies/mt at $559.87/mt. The spread between FOB Korea toluene over CFR Japan naphtha was at $129.12/mt and was much higher at $131/mt on November 13, 2019 (Toluene Update) . The most grounded request focus during that time was originating from India, albeit some neighborhood sources anticipated that necessities should decelerate as more supplies start landing into the nation. "Toluene [shortage] circumstance will improve by this month end," a dealer said. A subsequent merchant refered ...

Chemical Industry:- Asian Benzene Daily Commentary: Feb/Mar contango forward bend levels at short $6/mt  India's Nov Benzene trades rise 29.6% on-month  Feb/Mar contango forward bend smoothes at short $6/mt  Asian benzene was evaluated up $12.33/mt at $726/mt FOB Korea on Satursday, driven by recuperating February spot request. Inferable from February request, the between laycan spread of the February/March picked up $2/mt to remain at short $6/mt. In the benzene physical exchanging market, the timespread offer for Feb/Mar FOB Korea was heard at less $7/mt FOB Korea, which leveled the contango forward bend structure. India's benzene trades for November, 2019 rose 29.6% on-month at 116,459 mt, Indian Customs information appeared on Satursday  (Chemical Industry) . Year-on-year, the benzene sends out were down 18.9% from 143,592 mt in November, 2018. Somewhere else in Taiwan, CPC finished up a benzene purchasing delicate, which shut on Satursday for acquirin...

Chemicals News Asian isomer-MX was surveyed down $7/mt day on day at $690/mt FOB Korea and at $714/mt CFR Taiwan on Tuesday. The markers take the normal of the third and fourth half-month laycans, presently second-half January and first-half February. No straightforward offers or offers were seen during the S&P Global Platts Market on Close evaluation process Tuesday (Chemical News) . During the MOC, an any-February FOB Korea freight was heard offered at $691/mt, against no offers. The February FOB Korea laycans were surveyed at $690/mt, underneath the offer. The February CFR Taiwan laycans were surveyed at $714/mt, thinking about the descending development in the FOB Korea marker. The above method of reasoning applies to the accompanying business sector information codes: PHAUV00 for FOB Korea and PHAUT00 for CFR Taiwan  (Chemical News) . https://www.chemicalsprices.com/

Chemical Industry - Spot movement slows down to complete the year - Crude fates shed 62 pennies on the day US benzene costs held firm to finish off 2019 as the January contract settled higher. The January US benzene contract cost was heard to have settled higher, bouncing 22 pennies contrasted with December's agreement cost with 253 pennies/lady, various sources disclosed to S&P Global Platts. The expansion was in accordance with advertise desires as spot esteems were seen as of late exchanging the low to mid-250s pennies/lady (Chemical Industry) . In the mean time spot movement hushed and brief spot esteems were consistent with January benzene on a DDP and FOB premise surveyed at 256 pennies/lady and 258 pennies/lady, individually. Forward-month evaluating was level also and February DDP and FOB benzene was surveyed level to the brief month. Action in the styrene advertise was missing Tuesday and January and February styrene were surveyed unaltered at $825/mt FOB...