News & Bulletin Updates

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

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The company is likely to start maintenance at the plant on October 26, 2020.

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A price revision for Ethyl Acetate has been announced by EX-Ashok.

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The company is likely to shut the unit for maintenance by early-November, 2020.

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The company is currently operating its units at 100% of production capacity levels.

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The company is likely to commence turnaround at the plant by early-November, 2020.

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Sasol has restarted seven units at its Lake Charles, Louisiana, chemical complex, post hurricanes.

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The company is likely to start turnaround at the unit in early-November, 2020.

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

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

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PX prices have declined in Korea/SE Asia owing to  soft demand trends.

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The company started turnaround at the plant on October 19, 2020.

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Various market traders, as of 23rd October 2020, have confirmed that chemical prices  have increased in the Chennai market.

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The company is likely to resume operations at the plant by end-October, 2020. The plant was shut for maintenance in early-September, 2020

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The company completed a turnaround at the unit in early-October, 2020. It was shut for maintenance in end-July, 2020.

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Indian Oil Corporation Limited (IOCL),  has restarted its polypropylene (PP) unit after scheduled repairs.

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With effect from 22ndOctober, 2020 HPCL-Mittal Energy Limited (HMEL) has announced price revisions in domestic PP prices.

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As per reliable sources Gas Authority of India Ltd (GAIL) has rolled over its PE price in the domestic market.

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With effect from 22nd October, 2020 Haldia Petrochemicals Limited (HPL) has announced price revisions in domestic PP and PE. prices.

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As per our reliable sources Reliance Industries Limited (RIL) has rolled over its PE price in the domestic market.

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As of 22nd October 2020, Isopropyl Alcohol Prices have witnessed an increase in Kandla

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As of 22nd October 2020, PTA prices have witnessed an increase in Mumbai on the back of strong demand trends in the region coupled with high saturation in the market.

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As of 22nd October 2020, Diethylene Glycolprices climbed, mainly on account of stronger upstream costs and continued stronger regional demand trends.

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As per sources Propylene Glycol Prices have continuously increased from last week indicating a shortage of supply with a growing demand of 10%.

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The price of MEG has been increased by Rs. 2/kg with the new basic price of MEG being Rs. 43.90/kg.

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