Styrene Monomer Prices closed higher at US$ 885/-per MT FOB Korea and US$ 895/-per MT CFR China basis.

Ethylene Prices assessed higher at 20 Cents/lb FD US Gulf levels.

Polymer grade Propylene (PGP) Prices assessed higher at 35.50 cents/lb FD US Gulf levels.

Sinopec SABIC Tianjin has restarted its Butadiene (BD) Plant after maintenance work. The Plant is located in Dagang, Tianjin, China with a production capacity of 220,000 Tons/Year.

Dushan Energy is all set to restart its PTA Unit after maintenance work. The Unit is located in Jiaxing, China with a total production capacity of 2.2 Million Tons/Year.

Shandong Lushenfa has restarted its MTBE Plant after maintenance work. The Plant is located in Shandong, China with a production capacity of 150,000 Tons/Year.

HMEL announced a Reserved Incentive scheme in PE for the month of June, 2025 as following:

The Singapore-flagged Wan Hai 503 cargo ship, enroute from Colombo to Navi Mumbai, caught fire following an explosion under deck on Monday morning, approximately 70 nautical miles west of Beypore, Kerala. During the accident, over 50 of the vessel's 650 containers kept on the ship fell into the sea.  

Yankuang has restarted its MEG Unit at normal rates after maintenance work. The Unit is located in China with a production capacity of 400,000 Tons/Year.

The Indian rupee closed higher by 1 Paise at 85.62 per dollar versus Previous close of 85.63.
Today's Rupee Movement, (Open:- 85.64 and Close:- 85.62) (Low:- 85.47 and High:- 85.73).

Hanwha Solutions is operating its Ethylene Dichloride (EDC) Lines at reduced rates from June to July, 2025. The Lines are located in Yeosu, South Korea with a total production capacity of 1,680,000 Tons/Year.

SK Geo Centric (SKGC) has shut its No.2 Paraxylene (PX) Unit in early-June, 2025 for maintenance work. The Unit is located in Ulsan, South Korea with a production capacity of 450,000 Tons/Year.

Naphtha Prices opened stable at US$ 545/- Per MT in Europe.

HDPE Film Prices assessed stable at US$ 890/MT, LLDPE assessed at US$ 945/MT and LDPE assessed at US$ 1090/MT in Hong Kong Market.

PP Injection/PP Raffia Prices assessed stable at US$ 910/MT and PPCP assessed at US$ 950/MT in Hong Kong Market.