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Update: India revoked BIS exemption for LLDPE C4 grade
16 Jun 2025 This marks a departure from the earlier directive, which excluded LLDPE C4 from the QCO requirements when the mandate came into force on 5 January 2024.
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16 Jun 2025

economy

Thailand’s SCG to divest partial stake in Indonesia’s Chandra Asri

While details regarding the transaction value have yet to be finalised, the planned sale marks a notable shift in SCG’s long-term commitment to the Southeast Asian petrochemical sector
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16 Jun 2025

economy

Oil soared 7% as Middle East conflict escalated, triggering fears of supply shock

Global crude oil prices surged over 7% on Friday, 13 June 2025, as escalating military exchanges between Israel and Iran stoked fears of a broader regional conflict that could jeopardise vital oil exports from the Middle East.
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16 Jun 2025

economy

Dalian Commodity Exchange: 16 June 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 16 June 2025 settled as follows:
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13 Jun 2025

economy

Oil edged lower as market digested Middle East tensions and profit-taking set in

The decline followed a robust 4% surge on Wednesday—the sharpest daily gain in over a month—fuelled by heightened fears that escalating tensions in the Middle East could disrupt regional oil supplies.
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13 Jun 2025

economy

Dalian Commodity Exchange: 13 June 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 13 June 2025 settled as follows:
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12 Jun 2025

economy

South Korea’s Lotte Chemical, HD Hyundai in merger talks over Daesan naphtha crackers

Lotte Chemical Corp. and HD Hyundai Co. are in advanced negotiations to consolidate their naphtha cracking operations at the Daesan petrochemical complex
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12 Jun 2025

economy

Oil surged to two-month high on Middle East tensions, US-China trade optimism

The rally was triggered by reports that the United States is preparing to evacuate its embassy in Iraq due to heightened security threats across the region.
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