News & Bulletin Updates

As of 20th August 2020, PTA prices were unchanged in the Asia Market.

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As of 20th August 2020, SM prices have dropped down in the Asia Market. According to our analysts SM prices have recorded a downward moving trend for the Asian market.

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On Wednesday, propylene prices edged higher in Asia amid reports of limited product availability in the region, further supported the price gain.

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As of 20th August 2020, a domestic industry source informed us about domestic price revisions of PVC announced by Reliance Industries Limited (RIL).

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Despite higher upstream costs, Ethylene prices remain unchanged for Asia on Thursday as informed by our analysts.

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As of 20th August 2020, major International producer has shut its PP plant following an outage

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As of 20th August 2020, Indian producers RIL, HPL and IOCL have announced price protection for PP and PE.

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As of 19th August 2020, our analysts have informed us that a purified terephthalic acid (PTA) producing International company is likely to resume operations at the unit on August 18, 2020

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As of 19th August 2020, SM prices have dropped in the Asia Market as informed by our analysts

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As of 19th August 2020, our analysts have informed us that a Monoethylene Glycol Chinese producer is in plans to restart  the company to resume operations at the unit

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As of 19th August 2020, MEG prices have picked up in the Asia Market.

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As of 19th August 2020, PTA prices have picked up in the Asia Market

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As of 19th August 2020, Indian Rupee opened at $74.81 as informed by our analyst.

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As of 18th August 2020, our analysts have informed us that a major Chinese producer is in plans to restart its Acrylic acid.

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As of 18th August 2020, our analysts have informed us that a major international producer has shut its No.3 cracker on August 11, 2020, for a maintenance turnaround.

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As of 18th August 2020, our analysts have informed us that RIL Chem Ltd Purified Terephthalic Acid Plant has restarted production following maintenance work.

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As of 18th August 2020, MEG prices have picked in the Asia Market.

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As of 18th August 2020, PTA prices have been reported to have remained unchanged in the Asia Market.

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As of 18th August 2020, SM  prices have dropped in the International Market as informed by our analysts. PetroChina Lanzhou Petrochemical

Last week, despite weaker upstream benzene values, SM prices were assessed flat in the U.S.A. Buying sentiments were reported as stable in the region.

 

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As of July 18th 2020, DOP prices drift down significantly in China and FE Asia owing to lackluster demand trends in the region.

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As of 18th August 2020, Benzene prices pick up internationally due to high upstream energy values and improved buying sentiments in the region as informed by our analysts.

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OX prices have declined in Rotterdam owing to the soft demand trends in the region as informed by our analysts.

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Ethylene prices have been found to move down in South-East Asia, North-East Asia, Japan, South Korea and India owing to decreasing demand.

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Aug 17, 2020: Crude Oil Overview

As of Aug 17th, 2020 Crude oil prices went down for Indian Basket, North-West Europe and the US Gulf on Monday.

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

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