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

As of 6th August 2020, Benzene prices have picked up internationally due to high upstream energy values and improved buying sentiments in the region.

PTA prices climbed marginally in the international market as of 6th August 2020 registering an increase of $5/MT from the previous close.

China and South-East Asia witnessed a sharp decline of Acetone and Phenol prices on 6th August  2020.

As of 6th July 2020, HPL has announced price revision for LLDPE, HDPE and PP.

As of 6th July 2020, GAIL has announced price revision for LLDPE film grade and LLDPE drip grade

Ethylene has recorded a price drop in the Asian market as reported by our analysts.

As per our analysts, a major Chinese producer has resumed operations at its PP and PE unit following a turnaround

On Wednesday, despite weaker upstream naphtha values and dull regional demand trends, propylene prices were quoted to be steady in Asia as per our analysts.

As of 6th August 2020, RIL has announced price revisions for HDPE and LLDPE for the Indian Domestic market.

As of 5th August 2020, our analysts have informed us that Acetone prices have gone down in China as the prices record their ninth week of decline.

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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