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

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

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

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

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

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

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

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

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

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.

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

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

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

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

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

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

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

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

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

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

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.

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.

Naphtha prices were registered to move upwards in Japan on account of active demand trends in the region.

As of 10th August, 2020, latest chemical tanker load bulk prices for Indian chemical market according to our analysts. Acetone, Acetic Acid, Butyl Acetate, C9 Solvent, IPA, Methanol, n-Butanol, Phenol, SM, Toluene, VAM, PG, OX, Octanol, Acrylonitrile, BAM, BGE, Butyl Acetate, Ethyl Acetate, Ethyl Acrylate, Butyl Cellosolve,  Cyclohexane, DEG, EDC, Isobutanol, MEK, MIBK,  MEG, MX are recorded as follows.

In the Delhi market, the price of Chemicals are fluctuating due to strong demand patterns in the region and shortage of materials due to the pandemic.