As of 7th August, 2020, latest chemical tanker load bulk prices for Acetone, Acetic Acid, Butyl Acetate, C9 Solvent, IPA

GSFC has announced a price revision for Cyclohexane as of 7th August 2020.

GNFC has announced a price revision for  Acetic Acid as of 7th August 2020.

A Mumbai market trader has confirmed as of 7th August 2020 that the price of DOP  has increased in the Indian market.

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

As per our analysts, a major International producer has shut its Aromatic Unit following a turnaround for maintenance.

Toluene prices pick up in FOB Rotterdam and FOB US Gulf as mentioned by our analysts. Toluene prices rose as the buying sentiments of the region increased.

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

The Indian rupee (INR) opened today at Rs75.05 versus the dollar(USD).

This offer is for August 2020, on a CFR Nhava Sheva Port Basis. PP FILM grade at the  CFR  1040/mt USD levels.

As of 7th August 2020, despite high upstream energy values rates, PVC prices remain stable in Asia as informed by our analysts

This offer is for September 2020, on a CFR Nhava Sheva Port Basis.

As of 7th August 2020 a major Chinese producer has shut its Polypropylene unit for unknown reasons.

As of 7th August, 2020 the price picks up for Propylene on the back of improved demand trends in key markets like China, coupled with higher upstream costs.

Despite high upstream energy values rates, ethylene prices remain stable in Asia as informed by our analysts.

As of 6th August, 2020, Acetonitrile prices have drifted down in some parts of the Indian markets

Today some chemicals have not changed in the Chennai market and some chemicals have changed.

Pet Prices have been reported to be stable in South Korea, South East Asia, NE Asia, NW Europe, and the US Gulf due to steady demand patterns in the region.

Naphtha prices have been registered to move up in Japan and Europe on account of positive buying trends in the respective countries.

ABS prices pick up in India, South Korea and South East Asia on the back of increasing buying trends in their respective markets.

As of 6th August, 2020, the price of Acetone/Phenol dropped in the Mumbai market due to the decreasing number of bookings and fluctuating demand and shortage of material.

As of 6th August 2020, despite stronger upstream energy values, ethylene prices remain steady in Europe but drop down for Asia.

The Indian rupee (INR) opened today at Rs74.93 versus the dollar(USD).

As per our analysts, a major International producer has shuts its Paraxylene plant due to maintenance

As of 6th July  2020, major Chinese producer shuts its IPA unit following a turnaround

RIL has a giant crude to chemical game plan
It is extremely ambitious in its scale

Production margins were hovering at multi-year lows in early July as oversupply continues to pressure the polyester chain.

The prices of almost all the petrochemical products discussed under pressure had declined in the broad range of 0.3%-29% y-o-y in FY20.

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