News & Bulletin Updates

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

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As of 14th August 2020, MEG prices have been reported to have dropped down in the International Market,

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On Thursday, despite higher PX feedstock values, PTA prices were quoted to be steady in Asia.

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Despite bullish upstream energy values rates, ethylene prices remained stable in Asia on thursday.

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On Thursday, despite stronger upstream crude and naphtha values, Propylene prices were quoted to be steady in Asia.

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

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According to our analysts, despite bullish upstream crude and naphtha values, propylene prices quote stable in Europe on Wednesday.

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According to our analysts, major International shut its EVA plant for maintenance.

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A Delhi market trader has confirmed as of 13th August 2020 that the price of Benzene and SM  has increased in the domestic market.

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According to our analysts, as of 13th August 2020 acetone prices in Delhi were reported to be down.

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As of 13th August 2020 a major International producer has taken its No. 3 cracker unit off stream following a turnaround.

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As of 13th August 2020, SM prices were seen to be dropping in Japan, South Korea and Rotterdam .

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Phenol prices picked up in China and SE Asia amid reports of limited product availability and strong demand trends together pushed prices higher across the region.

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

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As of 13th August 2020, our analysts have envisaged an excess supply scenario which would soften the Asian naphtha market in the coming month.

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As of 13th August 2020 , Shell is eyeing stake at Nayara Energy’s $9 billion planned petrochemical project, as informed by our analysts.

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As of 13th August 2020, MEG prices have been reported to be stable in the International Market

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As of 13th August 2020 the Asian Ethylene market was reported to be stable despite higher upstream crude and naphtha values.

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As of 13th August 2020, Indian Rupee opened at $74.82 as informed by our analyst.

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As of 13th August, RIL, HPL and IOCL have announced price revision of PP, PVC and PE.

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Market sources are saying that the scheme is quite attractive. Click on Details for more.

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

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LPG intake as feedstock rose in northwest Europe from an estimated 282,000 metric tons to 650,000 metric tons in June.

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Aug 12, 2020: Crude Oil update

As of Aug 12, 2020, Crude oil prices went up for Indian Basket, OPEC but the prices were assessed to be down in North-West Europe and the US Gulf on Wednesday.

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Butadiene (BD) prices were recorded to be steady in South Korea, China, South East Asia, Rotterdam, and US Gulf due to stable demand patterns in the respective countries.

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