Tag Archives | PP

India Polymers Shine But Questions Persist

By Malini Hariharan

Optimism has returned to the Indian polymer market fuelled by a sharp recovery in prices and buying sentiment over the last few weeks across Asia.

The talk these days is mainly about tightness in availability of polyethylene …

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India PP dumping: The story continues

By Malini Hariharan

The fight against anti-dumping duties (ADD) imposed by India on polypropylene (PP) exported by Saudi Arabia, Singapore and Oman is not yet over.

Some of the major companies that face ADD have taken the matter to the …

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India polymers slide once again

By Malini Hariharan

The messenger’s prediction has turned out to be correct. Indian polymer producers have been forced to reduce domestic prices to match levels seen in the wider Asian market.

The week started with a downward revision to polypropylene …

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Tough times start for India polyolefins

By Malini Hariharan

Tension is building up in the Indian polyolefin market with buying activity slowing down in recent weeks.

“The market is really dull; trading activity is very flat and end-users are taking minimum quantities. We are worried that …

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Japan Disaster – Plants update

By Malini Hariharan

More companies are reporting damages to facilities after last week’s earthquake and tsunami.

Mitsubishi Chemical said in a statement that berths, roads and infrastructure around the plant area at its Kashima site have been damaged and delivery …

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Pulled in all directions

By Malini Hariharan

Asian polyolefin producers face a difficult time with markets being pulled in different directions. Feedstock costs have steadily moved up at a time when downstream demand and price direction remains uncertain.

Political upheaval in Libya and Bahrain …

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Polyolefin numbers look good

By Malini Hariharan

Pic source: www.brandft.co.uk

The blog is in undertaking the difficult task of collecting demand numbers for polyolefins across major Asian markets. Preliminary estimates show that demand growth has been quite healthy in the two major markets – …

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Delays at yet another cracker project

By Malini Hariharan

The blog is hearing about fresh delays at ONGC Petro-Additions Ltd’s (OPaL) cracker project at Dahej on the west coast of India.

Conceived a few years back, the dual-feed 1.1m cracker project, based on ethane separated from …

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Saudi pressure fails to work

By Malini Hariharan

The polypropylene (PP) anti-dumping investigation that Indian producers had initiated against exporters from Saudi Arabia, Singapore and Oman has finally drawn to a close.

The Finance Ministry confirmed anti-dumping duties (ADD) late yesterday, just a day before …

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Petchem markets on a bull run

By Malini Hariharan

The Chinese are back from their holidays and they are buying. This coupled with supply constraints and firm crude prices is fuelling a surge in petrochemical prices.

Paraxylene (PX) prices hit a 2-year high this week on …

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