International Polymer News Update, Plastic News - Plastic4trade



GPPS - Down Rs.2/Kg HIPS - Down Rs.2/Kg Effect From, 27 May 2023
McDermott Got PMC Contract From IOCL
McDermott wins a Project Management Consultancy (PMC) contract from India Oil Corporation Limited (IOCL) fo...
On Friday, Brent crude oil closed up by 0.90% at $76.95 a barrel, while WTI crude oil closed up by 1.17% at...


Nigeria Opens Africa's Biggest Oil Refinery
On 22 May 2023, Nigerian President Muhammadu Buhari opened Africa's largest oil refinery with a capacit...
New Pemex Oil Refinery Plant Update
A new refinery owned by Mexico's state-owned Pemex, a top priority for the country's president, mis...
Future Trade Opening Alert, China Bazaar - 26 May 2023
For May 2023, PP futures opened down at 6940 RMB/mt, than previous closing price of 6982 RMB/mt.
Today Brent crude oil settled down 0.39% at $75.96 a barrel, while WTI crude oil settled down 0.17% at $71....
Today's Indian Rupees Price Update
USD to INR Currency Convert Price on 26 May 2023 Current - ₹82.72 Opened - ₹82.74
Rising Crude Oil Prices Support PP Prices
The Polypropylene prices are supported by rising crude oil prices. Since PP is a derivative of oil, when oi...
PET Market Expected to Trade in Tight Range
The PET Market is expected to trade in a narrow range today as rising global oil prices provide support, bu...


Qixiang Tengda PDH Plant Update
On 18 May 2023, Qixiang Tengda has restarted its Propane Dehydrogenation Plant. It was closed for maintenan...
PP Prices Decreased in Asia
On Wednesday, Polypropylene Prices were estimated down in Asia. FOB Korea PP Prices were estimate...
NOVA Chemicals Plant Update
1) Company - NOVA Chemicals 2) Product - LLDPE 3) Capacity - 1.58 MNMPA   4)...
Current Crude Oil Scenario
Crude oil prices fell in early Asian trade today as uncertainty over whether the U.S. will avoid a debt def...
Future Trade Opening Alert, China Bazaar - 25 May 2023
For May 2023, PP futures opened down at 6965 RMB/mt, than previous closing price of 6973 RMB/mt.

The Supreme Court has issued an interim order directing the Union government to impose a provisional Anti Dumping Duty (ADD) on imports of Low-Density Polyethylene (LDPE) from foreign countries. This decision comes despite opposit

The European Union (EU) nation that sets Russian Oil Price Caps is now banned from receiving oil shipments from Russia, according to an order issued by Russian President Vladimir Putin. According to hi

IOCL has approved a 4000 crore project of PVC production in Gujarat

Indian Oil Corporation Limited has accepted a more than 4000 crore inves

Oil prices bounced on Friday as closure of a major Canada-to-US crude pipeline disrupted supplies, but prices remained near December 2021 lows on concerns over slowing global demand growth.

Brent crude futures LCOc1 were at $76.74 a barr

Iran is increasing supplies of a key crude grade that Venezuela is using to boost its aging refineries productivity and free domestic oil for exports, documents seen by Reuters on Tuesday showed.

The two US-sanctioned countries have

Oil rose on Tuesday on expectations Russia reduction in natural gas supply to Europe could encourage a switch to crude, though concerns over weakening fuel demand because of an expected increase in US interest rates limited gains.