Chinese producer has brought its ethylene and propylene units on-stream following unplanned maintenance.
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Major producer in India, has brought on-stream its linear low-density polyethylene/high-density polyethylene (LLDPE/HDPE) swing unit following an unplanned outage.
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CFR China propylene prices were steady at the USD 915/mt levels.
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Ahmedabad chemical market traders have confirmed as of 28th September 2020
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As of 29th September Satyam has announced a price revision for Ethyl Acetate.
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As of 29th September Kandla has announced a price revision for BAM.
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As of 29th September Vizag has announced a price revision for Benzene.
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As of 29th September Dahej has announced a price revision for Acetone.
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The company is likely to start turnaround at the units by early-October, 2020.
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As of 29th September 2020, PX prices have drifted down in Korea, SE Asia and US Gulf owing to the soft demand trends in the region.
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As of 29th September 2020 SM prices picked up in the Asian Market.
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The price fall was on the back of weaker upstream energy values and dull demand trends in key markets.
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The company is likely to resume operations at the unit by early-October, 2020.
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The company is likely to complete turnaround at the unit by mid-October 2020.
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The company is likely to halt operations at the unit on October 10, 2020.
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The company resumed operations at the plant on September 25, 2020.
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MEG prices were assessed flat in Asia on Tuesday despite persistent dull regional demand trends and ample product availability.
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As of 29th September 2020 The price fall was supported by weaker upstream energy and Isomer SM values, coupled with dull regional demand trends.
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As of 29th September 2020, the dollar opened at Rs 73.78 which is down from the previous days close.
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A fall in downstream SM rates further supported the price decline of Benzene as of 29th September 2020
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The price rise was mainly on account of tight regional product availability.
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Chinese producer has brought its cracker unit on-stream following a turnaround.
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NW Europe witnessed a sharp decline of Acetone prices on 28th September 2020 as informed by our analysts.
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As of 28th September 2020, Methanol price picked up in India on the back of strong demand trends in the region.
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As of 28th September 2020, OX prices have drifted down in Korea and SE Asia owing to the soft demand trends in the region.
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