As per our analysts polypropylene in Asia is expected to stay firm on the back of firm upstream prices.

Pet prices remain unaffected registering no change in the International market as of 13th July 2020.

As of 13th July 2020, vinyl chloride monomer (VCM) prices are stable in FE Asia, SE Asia, China, NW Europe, and US Gulf.

Naphtha price picks up in Europe while in Japan Naphtha shows no change from the previous close as of 13th July 2020.

Butadiene prices were reported to be stable in South Korea, China, South East Asia, Rotterdam, and US Gulf due to constant demand patterns in the region.

Our analysts have informed us that Ethylene prices have dropped in Japan and South Korea.

Chembond Chemicals Limited has reported a dip of 8.66% for Q1 FY21 in the company net profit and a 27.58% dip in its sales as reported by our analysts.

Gujarat Narmada Valley Fertilizers & Chemicals Ltd has reported an increase of 152.11% in its Q4 FY20 whereas full-year net profit recorded a drop by 32.24%.

As of 13th July 2020, our analysts have reported that a major international producer is to resume operations at its Monoethylene glycol (MEG) unit.

As per our analysts, a chinese chemical producer is in plans to restart its Group II base oil plant following a turnaround.

Ortho-Xylene prices drifted down in Asia as reports of sluggish regional demand sentiments pushed prices lower in the market.

MX prices climbed in the South Korea and South East Asia region on the back of limited product availability and strong demands as reported by our analysts.

As of  13th July 2020, Methanol price rises in some international markets on the back of strong demand trends in the region.

As of 13th July 2020, future trading prices for chinese market were reported to be higher for PVC, LLDPE and PP from the previous close

As of 13th July 2020, Brent crude prices were reported to be 0.99% less and WTI crude opened to be 1.01% less than the previously closed price.

As of 13th July 2020, our analysts have reported the feedstock offer prices for Naphtha, Ethylene, Propylene and Styrene.

An Italian chemical manufacturer is in plans to take its methyl methacrylate plant off-stream due to maintenance.

A major international chemical manufacturer is planning to resume operation at its Monoethylene glycol (MEG) plant following a turnaround.

As per our analysts, a major chinese chemical manufacturer has taken its Styrene Monomer plant off-stream.

As per our analysts, benzene recorded a price drop in the Asian market.

As of  11th July 2020, Methanol price rises in SE Asia on the back of strong demand trends in the region.

As of 11th July 2020, Purified Terephthalic Acid prices fell in Asia due to unavailability of raw materials and restrictions imposed due to the pandemic.

As of 11th July 2020,  PX prices goes down in the international market.

Acetone and Phenol prices on 11th July 2020 were recorded to be high in NW Europe as informed by our analysts.

GAIL (India) Limited through its start-up initiative ‘Pankh’ has announced plans to boost start-up companies operating in the area of Compressed BioGas (CBG) through investments.