OX prices climbed in South Korea and SE Asia amid reports of limited product availability and strong demand trends which have together pushed prices high across the region.

As of 17th August 2020, major international producer has shut its maleic anhydride due to maintenance

As per our analysts The company is likely to halt operations at the unit in early-September, 2020.

As of 17th August 2020 Toluene prices have been reported to have dropped in the International Market.

Our analysts have informed us that a major Singaporean producer has shut its  Methyl Methacrylate unit following a turnaround for maintenance.

As of 17th August 2020, our analysts have informed us that a major International producer has shut its cracker unit following a turnover due to maintenance.

As of 17th August 2020, Benzene prices have been reported to have dropped in the International Market.

As of 14th August 2020,The company has recently commenced turnaround at the unit. The unit is likely to remain off-line till end-August, 2020.

As of 14th August 2020 ,The company has planned to start maintenance at the plant on September 21, 2020.

As of Aug 14th, 2020, Ethylene Dichloride (EDC) prices have been found to be steady in FE Asia, SE Asia, China, NW Europe, and US Gulf due to constant demand trends in respected countries.

As of Aug 14, 2020, Crude oil prices went up for Indian Basket, OPEC but the prices assessed down in North-West Europe and the US Gulf on Friday.

As of 14th August, 2020, the latest chemical tanker load bulk prices for Indian chemical market according to our analysts. Acetone.

As of 14th August 2020, Acetone prices were recorded to be down in the Mumbai market.

After talking to various sources in the market our analysts have given a brief overview of the Chennai chemical market

As of 13th August 2020, Indian Rupee opened at $74.80 as informed by our analyst.

Our analysts have informed us that domestic production of Chemicals and Petrochemicals have gone down significantly if compared to the production of the last five years.

Our analysts have informed us that Significant decrease (about 50%) has been observed in the production of Chemicals during April-May, 2020 as against the corresponding period of last year.

There is a significant decline (about 33%) as informed by our analysts in the production of Petrochemicals during April-May, 2020 as against the corresponding period of last year. 

Dahej has announced a price revision for  Acetone as of 14th August 2020.

GSFC has announced a price revision for Cyclohexane as of 14th August 2020.

As of 14th August 2020, Toluene prices have picked up in the International market due to high upstream energy values and improved buying sentiments in the region.

As of 14th August 2020, Benzene prices were seen dropping in the International market.

South-East Asia and  Far-East Asia witnessed a marginal price hike of Acrylonitrile on account of active demand trends in the region.

As of 14th August 2020, South Korea SM prices Drop in Asia Market .

As of 14th August 2020, major international halts production at its 2EHA plant due to maintenance.