News & Bulletin Updates

Xylenes prices in the international market were found static on Thursday.  Mixed xylene (MX) prices were assessed at the USD 

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Propylene prices gain momentum in China and South Korea on December 20, 2018. Prices in China were assessed at $950/MT CFR, 

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Styrene monomer prices in the international market were found static on Thursday. In Asia, SM prices were assessed at the USD 

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Ethylene prices went up in India, NE Asia, and SE Asia on December 20, 2018. Prices in India were registered at $825/MT CFR, 

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Reliance Industries Ltd (RIL) is rumoured to have undertaken an unplanned shutdown at its polyvinyl chloride (PVC) plant in Hazira, Gujarat.

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India will use escrow accounts of five Iranian banks held with UCO Bank Ltd. to deposit money for oil purchases from the Middle

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Ashok Alco-Chem Ltd (AACL) has announced a downward price revision for Ethyl Acetate with effect from December 19, 2018.

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The Methanol cargo of 6000 tonnes is expected to land at Hazira port on 21 December 2018 with the vessel name Mt CT Frontier and vessel

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Shut methanol plant accounts for more than 25 percent of European production with an annual capacity of around 900,000 tonnes.

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Reliance Industries Ltd. (RIL), Indian Oil Corporation Ltd. (IOCL) and Haldia Petrochemicals Ltd. (HPL) have declared rolled over price 

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The demand for Nylon 66 (PA66) was active this week in main trading hubs in India. Prices declined due to dollar effect

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The Diethylene glycol (DEG) cargo of 2000 tonnes is expected to land at Mundra port on 25 December 2018 with the vessel name Mt 

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Prices of acetone went down significantly in Indian markets due to crude oil and dollar effects. Prices were assessed at Rs 38/Kg for

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The Styrene Monomer (SM) cargoes of 1981.079 tonnes are expected to reach Hazira port on 24 December 2018. The vessel 

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Spot prices of PTA edged down in Asia on Wednesday. The price fall was on the back of bearish upstream crude values and weaker 

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More term contract negotiations for Asian paraxylene were concluded this week between producers and buyers as major greenfield 

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Prices of phenol plummeted in the international market. Reports of lackluster buying interest and bearish benzene feedstock values

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Acrylonitrile prices were assessed flat in the International market, The current price scenario is like this: in Far East Asia $1545/mt(CFR),

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The price fall was in line with dull regional demand trends. On Wednesday, CFR China prices were assessed down at the USD 265/MT levels,

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Polypropylene prices in the Asian market firmed up yesterday. The price gain was attributed to a rise in buying sentiments in the region

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Ethylene prices gain momentum in SE Asia, NW Europe, India, and NE Asia on December 19, 2018. The price rise was supported,

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US and Brent crude oil prices rose on Wednesday to claw back part of their more than 5% losses from the previous session, with worries about

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PVC prices edged higher in the International market on Wednesday. Reports of deals concluded at higher price levels in the region

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Despite higher upstream SM rates, ABS prices were assessed lower in Asian market on Wednesday. Reports of weaker buying sentiments

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On Wednesday, benzene prices dropped internationally. Reports of poor demand trends, a drop in feedstock toluene values coupled

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