News & Bulletin Updates

On March 15, 2021 phenol prices increased in the Ahmedabad market.

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A revision in MDC has been announced by GACL.

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On March 15, 2021, VAM prices drifted down on the back of weakening demand and shortage of supply in the Kandla port.

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Mumbai and Kandla polymer markets witnessed a decrease in methanol prices today.

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A fall in cyclohexane prices has been quoted in the Mumbai market.

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On March 15, 2021, ammonia prices went down in the domestic market.

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Toluene price increased in the Mumbai market on the back of high regional demand.

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Mumbai, Delhi, Ludhiana, and Ahmedabad markets witnessed a rise in plain PBT prices on March 15, 2021.

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Purchase trend for Nylon6 prices increased in the open markets of Mumbai, Delhi, Chennai and Ahmedabad on March 15, 2021.

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On March 15, 2021, the purchase trend for polycarbonate prices increased in the open markets of Mumbai, Delhi, Ludhiana, and Ahmedabad.

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A major producer from China is heard to have offered its PET (IV 0.80) in India.

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Formosa Plastics Corporation, is likely to take its PVC plant off-stream.

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INEOS has shut its No.1 Olefins cracker owing to technical glitches.

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The ethylene oxide and ethylene glycol plant of IBEOS Oxide has been taken off-line.

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TK Chemical, is likely to bring its PET unit on-stream.

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Osaka Soda, from Japan is in plans to take its ECH plant off-stream.

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Major South Korean producer SK Global has struck a deal with Zhejiang Satellite to jointly set up an ethylene acrylic acid plant.

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Taiwanese producer, Formosa Plastics, is heard to have announced its offer of PVC in India.

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LG Chem from South Korea is heard to have offered its PVC in India.

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On March 15, 2021, the Mumbai market witnessed a rise in phosphonic acid prices.

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On March 15, 2021, acetonitrile prices increased in the Mumbai market.

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On March 15, 2021, BGE prices drifted down on the back of weakening demand and shortage of supply.

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On March 15, 2021, acetic acid prices drifted down in the Mumbai market.

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Cyclohexane price increased in the Delhi market on the back of high demand in the regional market.

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The international crude oil price of Indian Basket was quoted at around $67.38 per barrel on March 13, 2021.

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