Our analysts have reported that Mixed Xylene (MX) prices have declined in the US Gulf and Rotterdam owing to the soft demand trend in the region.

On Tuesday 30th June 2020, benzene prices recorded a price drop in the Asian market according to our analysts.

Methanol prices as of 29th June 2020 have gone up on account of imports being delayed as reported by our analysts.

Shandong Yuhuang Chemical to resume operations at its No. 2 Styrene monomer (SM) plant by early-July, 2020 which was shut following technical issues.

Following the start of a turnaround, our analysts have informed that Lukoil has scheduled to take its (ANC) plant off stream by August- September, 2020.

PAN prices climbed marginally in South-East Asia as of 29th June 2020. Our analysts have credited this price rise to limited product availability and other factors.

As of 29th June 2020, Bis Phosphoric Acid prices have seen a gradual rise in the international market on the back of improved buying sentiments.

Our analysts have reported that Methanol prices have declined in Europe due to sluggish demand trends in the region.

According to our analyst the price of DOP In South-East Asia went up on the back of improved buying sentiments in the region.

Kolkata Polymer Prices

RIL announced the Annual Procurement Plan (APP) for LDPE grades for FY 2020-2021.

The company recently resumed operations at the plant. The plant remained under maintenance for about 7 weeks.

The company started maintenance at the plant on June 10, 2020. The plant is slated to remain under maintenance till end-July, 2020.

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

Today Acetone/Phenol prices climbed in Europe. Reports of limited product availability and strong demand trends have together pushed prices higher across the region.

Purified Terephthalic Acid prices fell in Asia.

Ahmedabad Polymer Prices in Basic (Rs./Kg).

Delhi Polymer Prices (Rs/Kg)

Sinopec Tianjin Petrochemical, Chinese refining giant, is in plans to commence operations at its monoethylene glycol (MEG) on 10th July 2020 after completion of replacing catalyst.

Indian Oil corp inaugurates its Product Application &  Development Centre (PADC) facility at Paradip adjacent to its Refinery and Petrochemicals complex.

Covestro is planning to restart its Methylene diphenyl diisocyanate (MDI) unit which was shut to an unplanned turnaround.

According to our analysts toluene prices have started to drift down in some parts of the International market.

Japan and South Korea has witnessed a decline of $15/ton in Styrene Monomer prices as informed by our analysts on 26th June 2020.

Our analysts have reported the gradual decline of Purified Terephthalic Acid prices in India and Asian markets as of 26th June 2020

South-East Asia and Far-East Asia witnessed a marginal price hike of Acrylonitrile as informed by our analysts. on account of active demand trends.