News & Bulletin Updates

As of 25th August 2020, our analysts have informed us in South Korea, a major producer has postponed the restart of the unit till end-September, 2020.

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As of 25th August 2020, our analysts have informed us that a major Chinese producer plans to restart its acetic acid plant following an unplanned outage.

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As per our analysts, GAIL has recorded a Turnover of Rs. 12,060 crore.

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As per our sources, a major International producer plans to restart its PP unit following a turnaround.

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Polypropylene spot and contract prices remain stable in Europe as per our analysts.

 

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As of 25th August, our analysts have informed us that a major International manufacturer restarts its refining unit.

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As of 25th August 2020, Dollar opened at $74.40 as informed by our analyst.

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As of 24th August, 2020, Methanol price picks up in Asia and NW Europe on the back of strong demand trends in the region.

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As per our analysts a major Chinese producer plans to restart its Butyl acrylate (butyl-A) unit following a turnaround.

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As of 24th August 2020 our analysts have informed us that a Japanese producer has shut its Group I base oil unit following a turnaround.

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Our analysts have reported that 2EH prices have declined in SE Asia and FE Asia due to sluggish demand trends in the region.

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As of 24th August 2020 OX and NBA prices have declined in South Korea  and SE Asia owing to the soft demand trends in the region.

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As of 24th August 2020, Toluene prices have picked up in the International Market.

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Our analysts have informed us that Oil India is incurring losses because production costs have risen in comparison to actual cost.

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IPCL has announced a price of DEG and MEG with effect from 22nd August, 2020.

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As per our analysts RIL has announced a price revision for PTA as of 22nd August 2020.

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As per our analysts HCL has announced a price revision for Acetone and Phenol as of 22nd August 2020.

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As of 22nd August 2020, a major International producer halted operations at its Melamine plant for maintenance on August 20th, 2020.

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As per our analysts, a major International producer company is expected to resume operations at the unit on August 24, 2020.

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As of 22nd August 2020, Toluene prices have dropped in the US Gulf and Rotterdam.

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As of 22nd August 2020 PX prices have declined in the international market owing to the soft demand trends in the region.

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As of 22nd August 2020, Phenol prices were seen to be dropping in NW Europe as informed by our analysts.

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As of 22th August 2020 Acrylonitrile prices have picked up in the International Market.

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As of 22nd August 2020 our analysts have informed us that a major International producer has plans to build a Co2 to Methanol plant in India.

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Our analysts after talking to various sources in the market have given the brief outlook on the International Polymer market.

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