News & Bulletin Updates

As of 18th September 2020, the dollar opened at Rs 73.47 which is up from the previous days close.

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As of 17th September 2020, Dollar opened at Rs 73.74 which is up from the previous close.

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As reported in our previous analysis, the price of MX / MMA  has been going down for many days but as of today the price of MX/ MMA has increased in the Mumbai market.

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Various market traders have confirmed as of 17th September 2020 that the price of chemicals have increased in the Delhi market.

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Kandla has announced price revision for MIBK as of 17th September 2020.

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The company has planned to halt operations at the plant by early-October, 2020.

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As of 17th September 2020, SM prices have picked up in the International Market.

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Acetone and Phenol prices climbed in China amid reports of limited product availability and strong demand trends together pushed prices higher across the region.

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As of 17th September 2020, PTA prices have declined in Asia owing to soft demand trends in the region.

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The company has delayed the restarting process at the unit until end-October, 2020.

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The company started turnaround at the plant on September 15th, 2020.

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The company is likely to resume operations at the plant by mid-October, 2020.

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Find our more on what kind of changes RIL  has made to its price list.

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Despite bullish upstream crude and naphtha values. Product availability continued to remain limited in the region.

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As of 17th September 2020, RIL has announced price revisions for PE,PP and PVC grades.

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As of 17th September 2020, the dollar opened at Rs 73.74 which is down from the previous days close.

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On Wednesday, despite a sharp rise upstream crude and naphtha values

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The price of Acrylonitrile has picked up in Mumbai/Kandla.

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As of 16th September 2020, the price of Phenol and IPA has drifted down because of weakening demand and shortage of supply.

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Chennai chemical market traders have confirmed as of 16th September 2020 that the price of chemicals has been uneven in the Chennai market.

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Dow today announced that it has entered into a definitive agreement to divest certain U.S. Gulf Coast marine and terminal operations and assets to Vopak Industrial Infrastructure Americas, a joint venture of Royal Vopak and BlackRock's Global Energy & Power Infrastructure Fund, for $620 million.

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BASF has strengthened its portfolio of Industrial and Transportation applications, with the introduction of an optimized Red Phosphorus polyamide grade for the Asian markets.

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As of 16th September 2020, the dollar opened at Rs 73.70 which is down from the previous days close.

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Reports of persistent constrained product avails supported the price rise.

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The company resumed operations at the cracker on September 16th, 2020.

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