June olefins contracts will settle this week and prices for all of them are expected to drop from May levels. The sharpest plunge is expected for butadiene, for which a series of low-priced spot deals were reported last week. SEE MORE The deal by OPEC and non-OPEC countries to extend output cuts is unlikely to lead to any fall in crude inflows into Asia from the region's main suppliers, who will ensure they keep their key markets well supplied as they strive to maintain market share and limit the prospect of the region being flooded with arbitrage cargoes. SEE MORE Prices of hydrous ethanol in northeast (NE) Asia’s import market declined in the week ended 31 May to a fresh 11-month low, reflecting deals and ongoing discussions, market sources said on Wednesday. SEE MORE A bearish tone in commodities generally – and a downturn in price prices specifically – should keep fertilizer costs subdued headed into summer. Urea offers the best potential for locking in some costs for 2018, but only if the price is right. SEE MORE Vietnam spent 547 million USD on importing 2.01 million tonnes of fertiliser in the first five months of this year, up nearly 32 percent in volume and 24 percent in value compared to the same period last year, Lao Dong (Labour) newspaper reported. SEE MORE