Korea Kumho Petrochemical Co (KKPC), is in plans to take off-stream a Polystyrene (PS) unit.
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A sharp week on week drop in upstream crude and naphtha rates, has further supported the price fall.
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Thai Polyethylene Co, a subsidiary of Siam Cement Group is in plans to shut its high density polyethylene (HDPE) plant.
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Get the as-of-yesterday chemical import matrix into India
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The international crude oil price of Indian Basket was quoted at around $39.07 per barrel on October 30, 2020.
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PVC prices in the Iinternational market remain unaffected on 30th October, 2020
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Naphtha prices have been registered to drift down in Japan and Europe owing to sluggish demand trends in the region.
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A UAE producer is heard to have offered its
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CFR Far East Asia EDC prices were assessed at the USD 430/mt levels, a sharp rise of USD 35/mt from the previous week.
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The company halted operations at the plant on October 27, 2020
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Various market traders, as of 30th October 2020, have confirmed that chemical prices have increased in the Chennai market.
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The plant was shut for maintenance on September 1, 2020
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Chemical market traders have confirmed as of 30th October 2020, that the price of chemicals have increased in the Delhi market.
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JNPT has announced a price revision for N-Butanol.
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Dahej has announced a price revision for MDC.
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As per our analysts, GSFC has announced a price revision for Cyclohexane.
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Petrochemicals Malaysia, has taken off-stream its Polystyrene (PS) plant for maintenance.
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On Thursday, ethylene prices fell, as buying sentiments continued to remain soft coupled with ample regional product avails.
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Idemitsu Kosan, has brought on-stream its naphtha cracker following a turnaround.
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On Thursday, propylene prices drifted lower in Asia.
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Sinopec-SK Wuhan Petrochemical, has undertaken a planned shutdown at its No.1 polypropylene (PP) unit in Hubei.
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SM prices picked up in some international markets. According to our analysts, this price rise was triggered by stronger demand trends in the region.
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As of 30th October, 2020, Phenol prices have declined in Asia owing to soft demand trends in the region.
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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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As of 30th October 2020, PX prices have drifted down in the international market owing to the soft demand trends in the region.
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