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Chemicals News Today

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Asian propylene prices surge as tightening supply and Middle East tensions drive costs higher

Asian propylene prices surge as tightening supply and Middle East tensions drive costs higher

FT: "Hormuz Closure Triggers Naphtha Shortage... Crisis for South Korean and Japanese Petrochemical Industries"

FT: "Hormuz Closure Triggers Naphtha Shortage... Crisis for South Korean and Japanese Petrochemical Industries"

Latest Market News Of Chemicals

Daily Report News

LPG hoarding crackdown: 12,000 raids, 15,000 cylinders seized amid West Asia supply fears

LPG hoarding crackdown: 12,000 raids, 15,000 cylinders seized amid West Asia supply fears

economictimes.indiatimes.com

India intensifies LPG hoarding crackdown with 12,000 raids and 15,000 cylinders seized amid West Asia supply fears. Parliament saw heated exchanges over the alleged crisis.

Stainless steel players say rising energy cost hits operation expenses

Stainless steel players say rising energy cost hits operation expenses

infra.economictimes.indiatimes.com

India's stainless steel industry faces rising energy costs and supply crunch due to West Asia crisis, impacting operations. 60% of India's LPG imports, 90% via Strait of Hormuz, are affected, increasing operating expenses.

11

Punjab LPG distributors say gas supply 'inadequate' even as Union govt claims otherwise

Punjab LPG distributors say gas supply 'inadequate' even as Union govt claims otherwise

energy.economictimes.indiatimes.com

Punjab LPG distributors report inadequate gas supply, with 20% cuts and 2,000-5,000 pending bookings per agency, despite government claims. Price hikes and restrictive booking intervals fuel consumer panic among 96 lakh customers.

98

Petrochemical firms desperate for Russian naphtha imports

Petrochemical firms desperate for Russian naphtha imports

koreatimes.co.kr

Korean petrochemical firms face a critical naphtha shortage, risking operational disruptions and force majeure. With stockpiles depleting in weeks, the government is reviewing Russian imports, which previously supplied 30%, despite international hurdles.

World Acrylated Monomers Market 2026 Analysis and Forecast to 2035 - IndexBox

World Acrylated Monomers Market 2026 Analysis and Forecast to 2035 - IndexBox

The global acrylated monomers and related acid markets are projected for steady growth through 2035. Acrylic polymer consumption is forecast to reach 32M tons, with other segments also showing positive CAGRs and increased values.

World Insoluble Sulfur Market 2026 Analysis and Forecast to 2035 - IndexBox

World Insoluble Sulfur Market 2026 Analysis and Forecast to 2035 - IndexBox

The global insoluble sulfur market, crucial for tires, forecasts modest volume growth but significant value in specialty grades by 2035. Driven by green tire demand, it faces feedstock volatility and regional supply shifts.

Hormuz Strait pinch worsens for Asian chemical makers

Hormuz Strait pinch worsens for Asian chemical makers

Hormuz Strait closure severely impacts Asian chemical makers, reducing naphtha supply. Firms in Japan, China, Korea, and Taiwan face closures, production cuts, and force majeure. Naphtha prices surged over $1,000/ton, with PVC prices rising 20%.

43

Fueling Independence: India's Mission to Boost Domestic Coal Output

Fueling Independence: India's Mission to Boost Domestic Coal Output

devdiscourse.com

India aims for energy independence by boosting domestic coal output, promoting coal gasification, and attracting private sector. Reforms are underway to enhance efficiency amid global energy concerns.

103

Ahmedabad NGOs Face LPG Shortage For Meals

Ahmedabad NGOs Face LPG Shortage For Meals

Ahmedabad NGOs face a critical LPG shortage, disrupting free meal programs for hundreds of vulnerable people at places like Civil Hospital. This forces a shift to wood-fired stoves, raising environmental and operational concerns, highlighting urban safety net dependencies.

1111

Mideast turmoil exposes India's weak LPG logistics; eateries face the heat

Mideast turmoil exposes India's weak LPG logistics; eateries face the heat

tradingview.com

India's weak LPG logistics, importing 60% of its supply, faces severe shortages due to Mideast turmoil. With only 22 days of storage, eateries are closing, and bookings dropped to 7.7 million, despite government reassurances, as experts predict prolonged issues.

63

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