As of 4th September 2020 Saudi Aramco is shelving multi-billion-dollar petrochemical and gas projects as the state oil giant’s determination to preserve its dividend forces it to cut back on major investments.

As of 4th September 2020 our analysts have informed us that the company resumed operations at the plant on August 29, 2020.

As per our analysts, despite weaker upstream crude and naphtha values, propylene prices remain stable in Asia on Thursday.

Our analysts have informed us that Ethylene prices were quoted to be steady in Asia on Thursday.

As per our analysts GNFC has announced a price revision for Acetic Acid and Ethyl Acetate as of 4th September 2020.

As per our analysts BPCL has announced a price revision for Benzene and Toluene as of 4th September 2020.

As of  4th September 2020, Andhra Petro has increased its Octanol and N-butanol price for the domestic market.

RIL has announced a price of MEG and DEG with effect from 4th September 2020.

As of 4th September 2020, MEG prices have picked up in the International Market.

As of 4th September 2020 SM prices have declined in Japan and South Korea owing to the soft demand trends in the region.

As of 4th September 2020 Acrylonitrile prices have picked up in Asia.

The company is in plans to shut the plant for maintenance on September 5, 2020.

Our analysts have informed us that the Ash Soda unit was shut due to environmental issues, for 10-12 days in China.

As of 4th September 2020, Dollar opened at Rs 73.37 which is higher from the previous close.

In Delhi the price of Acetone/Ethyl Acetate has increased as of 3rd August 2020.

As per our analysts Deepak Fertilisers and Petrochemicals, is presently running its Isopropanol plant at optimum capacity levels.

Our analysts, after talking to various sources in the Mumbai market have reported that the price of IPA has come down because of weakening demand and shortage of supply.

As of Sep 03, 2020, Crude oil prices went down for Indian Basket, OPEC, North-West Europe and the US Gulf on Thursday.

Naphtha prices picked up in Japan on account of active demand trends in the region as informed by our analysts.

ABS prices climbed marginally in some International markets as of 3rd September 2020.

As of 3rd September 2020, GAIL has announced price revisions for PE grades.

As of 3rd September 2020, Dollar opened at Rs 73.25 which is higher from the previous close.

As of 3rd September 2020 our analysts have informed us that a major Japanese producer is likely to halt operations at the unit for maintenance in mid-September, 2020.

Mega Petrochemical project starts in Northeast China according to our analysts.

RIL has announced a price of Benzene and Toluene with effect from 3rd September 2020.