As of 21st August 2020, a major International producer has shut its oxo-alcohols plant on August 19, 2020 due to maintenance.
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As of 21st 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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As of 21st August 2020, SM and Methanol prices were seen to be dropping in Rotterdam As informed by our analysts.
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As of 21st 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 20th August 2020, Indian Rupee opened at $75.04 as informed by our analyst.
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As of 20th August, 2020, latest chemical tankers load bulk prices for Indian chemical market according to our analysts. Acetone, Acetic Acid, Butyl Acetate, C9 Solvent, IPA, Methanol, n-Butanol, Phenol
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As of 20th August 2020, NBA prices dropped down in the Kandla port due to decreasing number of bookings and fluctuating demand coupled with shortage of material.
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As per our analysts, the price of MEK in the Mumbai market has come down because of demand being low.
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Our analysts have reported that the price of some chemicals have dropped down in the Chennai market because International prices are down and also because bookings are falling.
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A Mumbai market trader has confirmed as of 20th August 2020 that the price of Ethyl Acetate has increased in the Indian market.
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As of 20th August 2020, Methanol price picks up in China/SE Asia markets on the back of strong demand trends in the region.
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As of 20th August 2020, Benzene prices were seen dropping in India, Japan and South Korea.
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As informed by our analysts, Acetone prices climbed in China and SE Asia amid reports of limited product availability and strong demand trends in the region.
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The company is likely to shut the plant for maintenance by mid-October, 2020 as per our analysts.
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As of 20th August 2020, the company has planned to halt operations at the plant by early-October, 2020.
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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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