As of July 14th, 2020, naphtha prices decline significantly in Japan and Europe owing to lackluster demand trends in the region.

Ethylene prices declined in South-East Asia, India, China, and North-West Europe owing to decreasing demand trends in the region.

Butadiene (BD) prices have been static in South Korea, China, South East Asia, Rotterdam, and the US Gulf due to a constant demand in the region.

As of 15th July 2020, a major South Korean chemical producer stops production at itsNo. 2 Paraxylene (PX) and Orthoxylene (OX) units owing to economic fundamentals.

As per our analysts, a major Iranian producer stops production at its No. 2 Methanol plant.

On Wednesday, 15th July 2020, PX prices edged lower in Asia on the back of weak upstream crude rates.

According to our analysts, toluene prices have started to drift down in the international market namely Japan, South Korea and China which can be attributed to a key manufacturer slashing prices.

As per our analysts, MEG prices were assessed to be falling in Asia. 

China and South-East Asia witnessed a sharp decline of Acetone and Phenol prices as informed by our analysts on 15th July 2020.

As per our analysts, a major Chinese polymer producer is all set to resume production at its PP Unit.

As of 15th July 2020, future trading prices for the Chinese market were reported to be higher for PVC but prices opened lower for LLDPE and PP from yesterday's close.

As of 15th July 2020, Naphtha and Crude Oil prices picked up in the International market with exception to crude oil in UAE which went down by $0.71.

Propylene prices remain unchanged in the international market as of tuesday.

As of 14th July 2020, Ethylene Dichloride (EDC) prices have been found to be steady in FE Asia, SE Asia, China, NW Europe, and US Gulf due to constant demand trends in respected countries.

As of 14th July 2020, Naphtha prices fell significantly in Japan owing to lackluster demand trends in the region, sparked by the Coronavirus scare.

As of 14th July 2020 Delhi chemical market is in an upwards trend with prices gradually increasing.

As per our analysts, the Chennai chemical market is coming up to par to what was before the pandemic as its markets and industry open for business.

Despite weak upstream rates and soft regional buying sentiments, ABS prices were assessed stable in the international market on Wednesday.

Celanese raises its prices for Vinyl Acetate Monomer (VAM) sold in Asia outside China (AOC) in effect for orders shipped on or after 8th July, 2020.

Our analysts have informed us that a major polymer producer from Korea is all set to bring its Ethylene unit on-stream following a planned outage.

As per our analysts, a Taiwanese Producer is offering Polyvinyl Chloride In India for August 2020 on a CIF Nhava Sheva port basis.

As of 14th July 2020, EDC and VCM prices were quoted to be steady in Asia.

A major japanese manufacturer of chemicals is likely to bring its Vinyl Acetate Monomer plant on stream.

As of 14th July 2020, a major US chemical manufacturer is in plans to restart its Aromatics plant following a planned turnaround.

According to our analysts, a major chinese chemical manufacturer has undertaken a planned shutdown at the plant from the 2nd week of July, 2020.