As of 29th October, 2020, the price fall of PTA in Asia was on the back of weaker upstream ethylene values and dull regional buying interests in the region.
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The company resumed operations at the plant in October, 2020
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Get the latest vessel-wise, port-wise chemical import data here as of today
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The company is in plans to resume operations at the plant by mid-December, 2020.
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On Tuesday, propylene prices edged lower in Asia.
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Haldia Petrochemicals Ltd (HPL), has restarted its Butadiene (BD) unit following a brief maintenance.
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Ercros, is presently running it's Vinyl chloride monomer (VCM) and polyvinyl chloride (PVC) units at curtailed rates.
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India’s largest producer and exporter of polystyrene polymer, Supreme Petrochem Limited has perked up with improved sales and profit in the second quarter of the current financial year.
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Reports of improved regional demand trends and stronger isomers have resulted in Benzene prices picking up in the iInternational market.
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PX prices have declined in the international market owing to soft demand trends.
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The company halted operations at the unit on October 16, 2020.
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The company is likely to operate its plant at around 50% of production capacity levels ahead of maintenance turnaround.
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The company is likely to resume operations at the unit by December 2020.
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The latest line up of chemical imports into India over the next two weeks, it is all here
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The international crude oil price of Indian Basket was quoted at around $39.78 per barrel on Oct 27, 2020.
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Butadiene (BD) prices have been static in South East Asia, Rotterdam, South Korea and the US Gulf due to a constant demand trend while the price was assessed up in China.
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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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The company started a turnaround at the unit on October 21, 2020.
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The company started turnaround at the unit on October 21, 2020. The unit is likely to remain under maintenance for about 4-5 weeks.
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The company is likely to undertake a planned shutdown at the plant on November 1, 2020.
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A Chinese producer, Wankai, is heard to have announced its PET resin (IV-0.89) grade offer in India.
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A Vietnamese producer Ngoc Nghia Group is heard to have offered PET (IV 0.80) in India.
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As of 27th October, 2020, despite weaker upstream values, N-butanol prices gained in China.
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As of 27th October, 2020,price fall of MEG was on the back of weaker upstream ethylene values and dull regional buying interests in the region.
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The producer has restarted its Vinyl chloride monomer (VCM) and Polyvinyl chloride (PVC) units following an unplanned outage.
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