News & Bulletin Updates

Acetic Acid prices have been increased by Rs.3.04/kg basic, with effect from October 27, 2020.

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Ethyl Acetate prices have been raised by Rs.1.50/kg basic, with effect from October 27, 2020.

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Kandla has announced a price revision for methanol.

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Dahej has announced a price revision for MDC.

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JNPT has announced a price revision for acetone.

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Acetic Acid prices have continuously increased from this month  indicating a shortage of supply with a growing demand of 10%.

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The Department of Commerce has recommended to increase the rate of import duty on Polybutadiene Rubber,

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The company is likely to resume operation by the end-October 2020.

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MX prices have drifted down in the US Gulf owing to soft demand trends in the region.

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PTA prices have declined in the international market owing to  soft demand trends.

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Despite high upstream costs, Toluene prices slipped in the international market.

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The company resumed operations at the plant on October 21, 2020.

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The company started turnaround at the plant on October 22, 2020.

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As of 26th October, 2020 SM prices slipped in the domestic market despite high upstreams costs.

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As of 26th October, 2020, Phenol prices climbed, mainly on account of stronger upstream costs and continued stronger regional demand trends.

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Hengyi Industries has offered Lummus Technology a contract for setting up a large-scale polypropylene unit in Brunei.

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The  company has planned to shut the plant for maintenance by early-April, 2021.

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As per sources MIBK prices have continuously increased from last 2 week indicating a shortage of supply with a growing demand of 10%.

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Dahej has announced a price revision for  Chloroform.

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The price of DEG has been cut by Rs. 6/kg with the new basic price being Rs 42/kg.

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Kandla has announced a price revision for Methanol.

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The producer has announced a revision in its PS prices, according to a domestic source in India.

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Philippine Resins Industries, has brought on-stream polyvinyl chloride (PVC) units following an unplanned outage.

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Mixed-Xylene prices have declined in the international market owing to  soft demand trends.

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Reports of improved regional demand trends and stronger isomers have resulted in PAN prices picking up in the international market.

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