As per our analysts, Acetone prices have drifted down in the Mumbai market.

After talking to a trader in Ahmedabad our analyst has reported that SM prices are down because of less demand.

Our analysts after talking to various sources in the market have given price predictions for PP, HDPE, LLDPE, LDPE, PVC and PET for 1st September 2020.

As per our analysts, a major US refinery sustains damage due to Hurricane Laura.

As of 29th August 2020, Dollar opened at Rs 73.25 as informed by our analyst.

With the new regulation put in place after the border clash between China and India, Indian refiners have refused to deal with China-linked companies for Crude oil import.

As of 31th August 2020 our analysts have informed us that Gujarat Alkalies and Chemicals Limited (GACL) is planning a mega expansion plan with respect to chemicals such as Caustic Soda, Chloromethanes, Phosphoric Acid, Hydrazine Hydrate and Chlorotoluene.

As of 31th August 2020, our analysts have informed us that a major international producer has halted operations at its Acrylonitrile plant on August 28, 2019.

According to our sources, a major CHinese producer shuts its PVC unit for maintenance.

As per our analysts Hazira has announced a price revision for BAM as of 31st  August 2020.

As per our analysts HCL has announced a price revision for Acetone as of 31st August 2020.

The company halted operations at the units on August 26, 2020 as a safety measure ahead of hurricane laura.

The company halted operations at the unit as a safety measure ahead of hurricane Laura on August 27th, 2020. The unit is likely to resume production by September 3, 2020.

As of 31st August 2020, our analysts have informed us that The company is likely to take off-stream its BPA plant for a maintenance turnaround by mid-October, 2020.

Our analysts after talking to sources have prepared a brief overview of the Kolkata market.

Our analysts after talking to sources have prepared a brief overview of the Mumbai market.

As per our analysts a major International producer has resumed operations at its HDPE facility.

As of 29th August 2020, the latest chemical tankers load bulk prices for the Indian chemical market according to our analysts. Acetone, Acetic Acid, Butyl Acetate

Our analysts, after talking to sources in the Kandla port have reported that the price of NPAC has come down because of weakening demand and shortage of supply.

A Mumbai market trader has confirmed as of 29th August 2020 that the price of Cyclohexanone has increased in the Mumbai market and Kandla port respectively.

As per our analysts price revision for Methanol as of 29th August 2020 in Kandla Port.

As of 29th August 2020, Andhra Petro has increased its Octanol and N-butanol price for the domestic market.

As of 29th August 2020 a major International producer is expected to undertake a planned shutdown at the plant by early-September, 2020.

As of 29th August 2020, Dollar opened at Rs 73.38 as informed by our analyst.

As of 29th August 2020, RIL has increased DEG basic price in India.

8At least 8 vessels are on wait at Kandla with their chemical cargoes

We cover the entire matrix of chemical vessels sailing to India for unloading
8Our analysis shows that an ethane vessel is coming in for RIL at Dahej
8RIL is also importing orthoxylene, paraxylene, methanol and CBFS in large quantities

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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