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London (Platts)--30 Nov 2016 821 am EST/1321 GMT
Expectations for the European styrene December contract price have strengthened on a surge in the spot price on Tuesday, according to sources.
London (Platts)--29 Nov 2016 954 pm EST/254 GMT
The styrene market arbitrage between Europe and Asia shut Tuesday as prices in the respective regions moved in opposing directions amid reduced production at LyondellBasell/Covestro's Maasvlakte propylene oxide styrene monomer (POSM) unit.
Singapore (Platts)--29 Nov 2016 1248 am EST/548 GMT
ExxonMobil has nominated its December paraxylene Asia Contract Price at $860/mt CFR, up $65/mt from the November settlement of $795/mt CFR, sources close to the negotiations said Tuesday.
Houston (Platts)--28 Nov 2016 606 pm EST/2306 GMT
Pemex's ethylene production totaled 64,896 mt in October, up 12% from September, the Mexican state company said Monday.
Dubai (Platts)--28 Nov 2016 946 am EST/1446 GMT
Persian Gulf nations hit hard by the latest oil market downturn are planning major investments in their downstream petroleum sectors as they seek to export higher value products in place of crude while achieving economic diversification.
Tokyo (Platts)--28 Nov 2016 544 am EST/1044 GMT
The price spread between CFR Northeast Asia and CFR Southeast Asia ethylene markers remained at a record high $140/mt Monday, flat from Friday, amid strong demand in China from styrene monomer producers, S&P Global Platts data showed.
London (Platts)--25 Nov 2016 939 am EST/1439 GMT
European monoethylene glycol prices are climbing as a rise in Asian prices has attracted material from Europe, sources said.
Singapore (Platts)--25 Nov 2016 233 am EST/733 GMT
India's domestic polymer demand has crashed since the government's demonetization policy sparked a drop in retail goods sales, impacting polymer converters and the traders who supply them, industry sources said Thursday.
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