News & Bulletin Updates

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Propylene prices have increased slightly in China and South Korea while remaining steady in Asia and some parts of Europe

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Ethylene prices were reduced in NW Europe by $20/MT to $320/MT (CIF) and Euro315/MT (FD) down by Euro 15/MT

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Benzene prices have moved upwards in Asia and the US Gulf due to higher upstream energy values and improved buying sentiments in the region. 

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PX prices climbed up in Asia on Wednesday due to gains recorded in upstream crude and Isomer MX values.

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Butadiene (BD) prices have gone significantly down in China, South Korea, South East Asia, Rotterdam, and the US Gulf 

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Naphtha prices have moved downward in Japan and Europe owing to sluggish demand trends in the region. Prices were 

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GNFC  has revised its basic price of Acetic Acid with effect from April 27, 2020. 

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Apr 27, 2020: GNFC drops MEG price

GNFC has announced a downward price revision for Mono Ethylene Glycol (MEG) with effects from April 27, 2020. Click on Details for more 

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On Friday, Benzene prices slipped in China and the US. The price fall was supported by a sharp week on week fall in upstream crude values, 

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Hindustan Organic Chemicals Limited (HOCL) has declared an upward price revision for Acetone with effect from April 23, 2020.

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On April 20, 2020, Ethylene Dichloride (EDC) prices have been found steady in FE Asia, SE Asia, China, NW Europe, and the US Gulf. Prices in FE Asia and China were registered at $180/MT CFR, in SE Asia at $185/MT CFR, in NW Europe at $105/MT FOB, and US Gulf at $120/MT FD respectively.

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We have been able to collect the latest prices for chemicals after many days of lockdown. 

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Fresh studies are coming in about how to deal with the virus. According to one study, droplets can hang in the air for 0.5-3 hours. And the virus can stay longer than was expected on surfaces, according to a big global study.
While everyone is waiting for the lockdown to clear, so that business can resume, clear protocols have to be established, and they are quite strict and have to be completely adhered to.
A misunderstanding of the protocols will have serious implications. Also, what really happened in China and what are the lessons to be drawn to restart businesses here. Merely wearing a mask may not be enough. Our website has been able to put together some documentation on what is next for business.
Click on Report for more.

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Propylene prices moved significantly downwards in South Korea, North-West Europe and China. Click on Details for more.

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As crude prices decline, Ethylene prices have moved downward in South-East Asia, North-East Asia and India. Click on Details for more

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Some prices for LLDPE Film and Injection Moulding are getting discovered in Delhi. Click on Details for more

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Iso Propyl Alcohol (IPA) prices have fallen at Mumbai and Kandla port as fresh material arrivals. Click on Details for more 

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Reliance Industries Limited (RIL) has revised its basic price of Toluene with effect from April 16, 2020. 

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Apr 16, 2020: RIL drop MX prices

Reliance Industries Ltd (RIL) has announced a downward price revision for Mixed Xylene with effects from April 16, 2020. Click on Details for more 

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DCM Shriram Limited has announced that the production at caustic soda plant of the Company at Bharuch 

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China-based Yanlian Petrochemical has recently started operations at its Polypropylene (PP) plant for a scheduled turnaround in Shaanxi

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Butadiene (BD) prices have been reported to be stable in South Korea, China, South East Asia, Rotterdam, and US Gulf due to steady demand patterns in the region

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Naphtha prices have been registered to move downward in Japan and Europe owing to sluggish demand trends in the region

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Propylene prices continued to move inexorably downwards in North-West Europe owing to inactive demand trends

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Ethylene prices have been reported to move marginally down in North-West Europe while stay unchanged in Asia and US Gulf.

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