Our analysts have informed us that Benzene as of 3rd July 2020 has recorded a price rise in India, South Korea, Japan, Rotterdam and US Gulf.

Para Xylene (PX) prices climb marginally in the international market.

As per our analysts, Styrene Monomer prices have been registered to move upwards in some parts of the  international markets.

South-East Asia and Far-East Asia witnessed a marginal price hike of Acrylonitrile as informed by our analysts. on account of active demand trends in the region.

As per our sources, Enterprise Products Partners L.P. has announced that it has executed a long-term agreement with Marubeni Corporation to supply polymer grade propylene (PGP) from its second propane dehydrogenation plant (PDH 2), which is currently under construction.

Our analysts have assessed the price of PVC to be stable in the international market which is expected to reflect in the domestic market.

Haldia Petrochemical Limited (HPL),a flagship company of The Chatterjee Group (TCG) along with global equity firm Rhone capital has acquired majority stake at US based Lummus Technology.

As of 2nd July 2020, Acetone prices have increased in Chennai as per our source.

The prices of both 2EH and NBA were increased by Andhra Petro.

Our Analysts have informed us that Hindustan Organic Chemicals Limited (HOCL) has announced an upward price revision for Acetone with effect from July 02, 2020.

As per our sources, many products are stuck at the Kandla Port because of the new tensions brewing between China and India.

Shenhua Ningxia Coal Industry has undertaken a planned shutdown at its No.1 Polypropylene (PP) unit.

Formosa Petrochemical Corporation (FPCC), is likely to undertake a planned maintenance shutdown at its No.3 cracker unit by mid-August 2020 as reported by our analyst.

Our analysts have reported that despite higher upstream crude and naphtha values, ethylene prices were assessed to be flat in Asia on Wednesday.

SK Global Chemical (SKGC)is likely to resume operations at the plant by early-July, 2020.

Wednesday saw PP prices remaining stable in spite of strong upstream trends prevalent in the market.

Formosa Petrochemical Corp (FPCC) is expected to start a turnaround at its Group II base oils unit by end-July 2020.

Polychem is likely to halt operations at its monoethylene glycol (MEG) unitfor catalyst change work in early-July, 2020.

Formosa Chemical and Fibre Corp (FCFC) is likely to have a complete turnaround at its Styrene monomer (SM) unit by early-July, 2020.

Para Xylene (PX) prices climbed marginally in the South - East Asian and South Korean markets.

Acetone and Phenol prices on 2nd July 2020 were recorded to be high in China and SE Asia.

Our analysts have informed us that Benzene as of 2nd July 2020 has recorded a price rise in India, South Korea and Japan.

Ningbo Keyuan is likely to have a complete turnaround at its Styrene Monomer (SM) plant by early-July, 2020.

As of 1st July 2020, RIL, GAIL,HPL, IOCL, OPal and BCPL have announced a rate revision as reported by our analysts.

As predicted by our analysts, RIL has raised prices as under.

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