Looking at different price governing factors, it seems that Indian producers are likely to a bit of price revision ahead.

Click on Details for what our projections are:

LyondellBasell, is planning to bring on-stream its Polypropylene (PP) plant following an unplanned outage.

Despite stronger upstream costs and a steep rise in downstream SM rates, benzene prices were quoted to be stable in Asia on Tuesday.

LG Chem South Korea is heard to have offered its PVC resin

The company is likely to shut its Ethylene vinyl acetate (EVA) plant for turnaround.

Chemplast raises PVC resin suspension grade prices

Indian Oil’s ‘Protsahan’ value shall be announced

Owing to technical issues, the company took its acetic acid plant off-stream on October 13, 2020

FOB Korea propylene prices

CFR South East Asia prices were down

At the end of strong demand trends methanol price picked up in China and Rotterdam.

Reports of improved regional demand  swings and stronger isomer

The company is likely to complete turnaround at its units by mid-October, 2020.

The company is likely to resume operations at its Deer Park plant by early-November, 2020 following a maintenance turnaround.

A major US producer plans to bring on-stream a methyl methacrylate (MMA) plant in Beaumont.

PTA prices were assessed flat in Asia

A major producer from Europe is heard to have offered Phenol at the USD 635-640/mt levels.

A major producer from South Korea is heard to have offered Phenol at the USD 675/mt levels.

The arrival of Hurricane Delta in the eastern part of Texas and Louisiana could result in  regional power outages causing additional production to remain offline.

The company is likely to start maintenance at the plant on October 20, 2020.

The company has brought on-stream its Polypropylene (PP) units following an unplanned outage.

Get the full line up here, of all chemicals imported into India. 

As reported in our previous analysis, the price of Phenol has been going down but as of today the price of Phenol has increased in the Mumbai market, according to trading sources.

The price of Methanol has been cut by Rs 0.75/kg.

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