News & Bulletin Updates

According to information received from market sources, ACN prices fluctuated in the international market due to change in demand.

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In the International market, Phenol prices went down in the NW Europe market due to weak demand on Friday. In NW Europe prices 

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In the International market, on Friday Acetone, prices found no change in the international market. The prices in China, SE Asia, and NW 

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Gail (India) Limited has announced price revision for linear low-density polyethylene (LLDPE) with effect from July 1, 2019

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Chemical intermediates manufacturer Deepak Nitrite said on Saturday that it has created a new growth platform 

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Turkmenistan's president has celebrated his 62nd birthday with the opening of the world's largest natural gas-to-gasoline refinery, a $1.7 billion project.

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Major producers of liquefied petroleum gas (LPG), including Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation, have approached the Madras high court to stall the strike call issued by LPG tanker owners.

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The power ministry proposes to conduct reverse e-auction to select gas fired stations that will be offered subsidized imported fuel.

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Supreme Petrochem Limited (SPL) has announced static price revision for polystyrene (PS) with effect from July 1, 2019  

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Gail (India) Limited has announced price revision for high-density polyethylene (HDPE) with effect from July 1, 2019  

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HPCL-Mittal Energy Limited (HMEL) has declared static price revision for Polypropylene (PP) with the effect from July 1, 2019 

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Reliance Industries Ltd (RIL) has revised its basic prices of high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE), low-density polyethylene (LDPE) and polypropylene (PP)

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South East Asia, Far East Asia and India prices of Purified Terephthalic Acid were assessed up at the USD 755/mt FOB, USD 750/mt

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On Thursday, MEG prices went up due to strong regional demand trends and tight product availability, MEG (Monoethylene glycol)

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In the International market, on 27th June 2019, Acrylonitrile(ACN) prices saw steady demand and recorded unchanged prices in FE 

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In the International market, Acetone & Phenol prices saw no change due to steady demand in China, SE Asia, and NW Europe markets

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In international market, VCM prices were unaffected.

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Prices of EDC slip down in the international market.

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Methanol prices were assessed lower in China and US Gulf this week. Prices fell as demand trends in key markets.

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Benzene international market prices were expected to remain steady. On Thursday, benzene prices were assessed at

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Caustic Soda prices were assessed lower in Asia this week. The price drop was a result of weaker buying sentiments 

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Paraxylene (PX) prices inched higher in Asia on Thursday. The price rise was due to stronger upstream isomer MX values

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Purified terephthalic acid (PTA) prices climbed higher in some parts of international market on Wednesday. Reports of limited product availability

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CFR China of MEG were assessed flat at the USD 545/mt levels. CFR South East Asia prices of MEG were also assessed steady

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Crude oil prices soared more than 2.5% on Wednesday, after the Energy Information Administration reported, a sharp drop in the US crude stockpiles.

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