News & Bulletin Updates

Naphtha prices drop down in Japan and Europe

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As of 25th Sep 2020, Ethylene prices have been reported to have dropped down in NW Europe the prices were $665/MT (CIF) and Euro 565/MT registering a down by $10/MT and Euro 70/MT.

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As of 25th September 2020, Dollar opened at Rs 73.75 which is up from the previous close.

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The company is likely to resume operations at the unit by end-September, 2020 following a turnaround.

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The company resumed operations at the plant on September 20, 2020.

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The company has undertaken an unplanned shutdown at the plant on September 24th, 2020.

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PX prices witnessed a rise in Asia on Thursday.

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As on 25th September Hazira has announced a price revision for DEG.

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As of 25th September Vizag has announced a price revision for Benzene.

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As of 25th September Dahej has announced a price revision for Acetone.

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The company has planned to resume operations at the plant by end-September, 2020.

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Acrylonitrile prices picked up in the Asia market as of 25th September 2020.

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As of 25th September, SM price rise was attributed to strong demand trends in the region also coupled with high saturation in the market.

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As of 25th Sept 2020, MEG prices were seen to be dropping in the International market.

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The company is currently operating its plant at 100% of its production capacity levels.

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The company resumed operations at the unit on September 17th, 2020.

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The company is likely to resume operations at the unit by end-September, 2020.

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The company is likely to resume operations at the plant by end-September, 2020.

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The company has scheduled a turnaround at the unit by mid-October, 2020 for a period of around one week.

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Despite stronger upstream energy rates and constrained product availability, ethylene prices remained stable in Asia.

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A major Thai producer has shut its low-density polyethylene (LDPE) unit for a maintenance turnaround

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As of 25th September 2020, IOCL has announced price revisions for PE and PP grades.

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As of 25th September 2020, the dollar opened at Rs 73.75 which is up from the previous days close.

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On Wednesday, despite high upstream costs and tight product availability, propylene prices were assessed flat in Asia.

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Ethylene prices were assessed steady in Asia on Wednesday, despite high upstream crude and naphtha values.

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