The U.S. Energy Information Administration has released the May edition of its Short-Term Energy Outlook, predicting ethanol production will average 1.03 million barrels per day this year, up from 1 million barrels per day next year. SEE MORE Polyethylene import prices in China have hit 11-month lows because of weak demand resulting from a multitude of factors, market sources said on Monday, prior to the opening of ChinaPlast, which runs from Tuesday to Friday in Guangzhou, China. SEE MORE Spot benzene prices in Asia were volatile in the week ended 12 May as a result of uncertain outlook caused by downstream buyers staying on the sidelines, market players said on Monday. SEE MORE Natural rubber(NR) exports from India registered a quantum leap during last fiscal 2016-17 with 20,030 tonnes leaving the country. By contrast during 2015-16 export was only 865 tonnes, reveals data compiled by the Rubber Board, India. SEE MORE As long years of economic isolation ended early this year, Iran is engaged in a cautious but ambitious bid to regain its status as a lucrative market in the Middle East region for many businesses, including the tyre business. SEE MORE