As of 27th August 2020, our analysts have informed us that a major Chinese producer  has restarted its unit on August 26, 2020.

As of 27th August 2020, PTA prices have remained unchanged in the Asia Market.

As of 28th August 2020, Dollar opened at $74.85 as informed by our analyst.

As per our analysts, the price of MEK has been increased in Kandla Port.

As per our analysts, the price of chemicals in the delhi market has come down because of demand being low.

According to our analysts BPCL has increased their production to  51,960 phenol bottles in a day.

As of 26th August 2020, our analysts have informed us the company resumed operations at the cracker in mid-August, 2020. The cracker was shut owing to technical issues in early-August, 2020.

GSFC  has announced a price revision for Cyclohexane as of 26th August 2020.

Toluene prices pick up in FOB Rotterdam and FOB US Gulf as mentioned by our analysts.

As informed by our analysts, Acetone/Phenol prices climbed in China amid reports of limited product availability and strong demand trends together pushed prices higher across the region.

As of 26th August 2020, Benzene prices pick up Internationally due to high upstream energy values and improved buying sentiments in the region as informed by our analysts.

As of 26th August 2020, our analysts have informed us that a major Chinese producer.

As of 26th August 2020, Dollar opened at $74.28 as informed by our analyst.

Our analysts after talking to various sources in the market have predicted the prices of PP, HDPE, LLDPE, LDPE and PVC.

As of 25th August 2020, the latest chemical tankers load bulk prices for the Indian chemical market according to our analysts. Acetone

As per our analysts, Acetonitrile and Acrylonitrile prices have drifted down in the Mumbai market as informed by our analysts.

A Mumbai market trader has confirmed as of 25th August 2020 that the price of Phenol has increased in the Mumbai market and Kandla port respectively.

Our analysts, after talking to various sources in the Mumbai market have reported that the price of IPA has come down because of weakening demand and shortage of supply.

As of 25th August 2020,our analysts have informed us that the company is likely to resume operations at the plant on August 24, 2020.

As of 25th August 2020, our analysts have informed us the company has planned to resume operations at the plant by early-September, 2020.

As of 25th August 2020 OX and MX prices have declined in Rotterdam owing to the soft demand trends in the region.

Para Xylene (PX) prices climb marginally in the international market as per our analysts.

As of 25th August 2020, SM prices have picked up in the Asia Market.

As of 25th August 2020, our analysts have informed us that Asian mono ethylene glycol prices were down on the back of reduced demand.

As of 25th August 2020, PTA Prices have remained unchanged in the Asia Market.

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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