News & Bulletin Updates

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

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

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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.

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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.

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

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

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

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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

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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.

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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.

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

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

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

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

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

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As per our analysts Hazira has announced a price revision for DEG as of 29th August 2020.

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As per our analysts GSFC has announced a price revision for Cyclohexane as of 29th August 2020.

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As per our analysts Dahej has announced a price revision for C10 Solvent as of 29th August 2020.

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The company is likely to halt operations at the unit by early-September, 2020.

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The company started maintenance at the unit on August 20, 2020.

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Our analysts have reported that Mixed Xylene (MX) prices have declined in the US Gulf and Rotterdam owing to the soft demand trends in the region.

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As of  29th August 2020, Methanol price picks up in some International markets on the back of strong demand trends in the region.

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As of 29th August 2020, Benzene prices have dropped in the International Market.

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As of 29th August 2020, our analysts have informed us that the rates of Phenol are surging as suppliers are facing delivery issues due to the restrictions imposed because of the pandemic.

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As of 29th August 2020, our analysts have informed us that the price of Solvent C9 has been hiked owing to trouble in berthing the vessel at the port causing 4 to 5 days of delay.

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

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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

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

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

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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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Jun 02, 2020: Tested title