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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.

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

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

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

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

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

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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.

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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.

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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.

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

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

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

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

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

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

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As of 25th August 2020, our analysts have informed us in South Korea, a major producer has postponed the restart of the unit till end-September, 2020.

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As of 25th August 2020, our analysts have informed us that a major Chinese producer plans to restart its acetic acid plant following an unplanned outage.

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As per our analysts, GAIL has recorded a Turnover of Rs. 12,060 crore.

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As per our sources, a major International producer plans to restart its PP unit following a turnaround.

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Polypropylene spot and contract prices remain stable in Europe as per our analysts.

 

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As of 25th August, our analysts have informed us that a major International manufacturer restarts its refining unit.

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As of 25th August 2020, Dollar opened at $74.40 as informed by our analyst.

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As of 24th August, 2020, Methanol price picks up in Asia and NW Europe on the back of strong demand trends in the region.

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As per our analysts a major Chinese producer plans to restart its Butyl acrylate (butyl-A) unit following a turnaround.

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As of 24th August 2020 our analysts have informed us that a Japanese producer has shut its Group I base oil unit following a turnaround.

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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