News & Bulletin Updates

As per our analysts HCL has announced price revisions for Acetone and Phenol as of 3rd September 2020.

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Para Xylene (PX) prices pick up in the International market as per our analysts.

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Our analysts have reported that Toluene prices have drifted down in Rotterdam owing to the soft demand trends in the region.

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As of  3rd September 2020, Methanol price picks up in the International markets on the back of strong demand trends in the region.

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As of 3rd September 2020 our analysts have informed us that a major Chinese producer starts maintenance at the Polymethyl methacrylate plant by mid-September, 2020.

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As of 3rd September 2020, PTA prices have remained unchanged for the Asian market.

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As of 3rd August 2020, IOCL has announced price revisions for PE and PP grades.

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

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Our analysts have informed us that a major International producer has undertaken an unplanned shutdown at its HDPE unit .

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As of 3rd August 2020, Haldia Petrochemicals has announced price revisions for PE and PP grades. 

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Reliance Industries Limited has revised its prices for its PE grades as of 2nd August 2020.

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Our analysts have informed us that the country's overall exports fell by 9.9% year on year to $39.6bn in August on fewer working days as the coronavirus crisis continued to weigh on overseas demand.

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As per our analysts, Oil and petrochemical investments have reached US$10 billion in Iran.

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Our analysts have informed us that despite the pandemic Asian Naphtha markets will remain in the positive due to healthy spot buying demand.

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Our analysts have informed us that a major Chinese producer has restarted production at its No. 2 PTA plant.

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As of 2nd September 2020, Dollar opened at Rs 73.05 which is higher from the previous close.

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Bengaluru has become the second major city after Pune with the highest number of active Covid-19 cases, even as the caseload is falling in Mumbai, Chennai, and Delhi.

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Sep 02, 2020: Crude Oil Overview

As of Sep 02, 2020, Crude oil prices went up for Indian Basket, North-West Europe and the US Gulf on Tuesday while the OPEC Price went down.

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Naphtha prices pick up in Europe on account of active demand trends. On Sep 2nd, 2020, the price increased in Europe from $380/MT to $387/MT (CIF), a hike of $7/MT.

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Pet prices remain unaffected in the International market on Tuesday.

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Various market traders have confirmed as of 2nd September 2020 that the price of chemicals  has increased in the Chennai market.

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Our analysts have reported a price revision for  N-Butanol as of 2nd September 2020 for Kandla Port.

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Various market traders have confirmed as of 2nd September 2020 that the price of chemicals  has increased in the Ahmedabad market.

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As of 2nd September 2020, Benzene prices picked up in Asia due to high upstream energy values and improved buying sentiments in the region as informed by our analysts.

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As of 2nd September 2020, MEG prices have picked up in the international Market.

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