News & Bulletin Updates

As of 15th September 2020, PX prices have drifted down in Korea, SE Asia and Rotterdam  owing to the soft demand trends in the region.

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As of 15th September 2020, Toluene prices picked up in the International markets on the back of strong demand trends in the region.

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The company halted operations at the unit on September 8, 2020.

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The company is likely to shut the plant by mid-September, 2020.

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The company undertook an unplanned outage at its plant on September 14, 2020.

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Sep 14, 2020: Crude Oil overview

As of Sep 14th, 2020, Crude oil prices went down for Indian Basket, OPEC, North-West Europe While the prices decreased in the US Gulf on Monday.

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Propylene prices have increased slightly in Japan while remaining steady in Asia, some parts of Europe and US Gulf countries on account of stable demand trends in the respective countries.

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As of 14th September 2020, Ethylene markets have been fluctuating with prices going up in Japan and South Korea while on the other hand, it went down in the US Gulf.

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Indian chemical market traders have confirmed as of 12th September 2020 that the price of chemicals has increased in the Mumbai/Kandla market.

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GSFC announces price revision for Cyclohexane as of 14th September 2020.

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Kandla has announced a price revision for PG as of 14th September 2020.

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Aegis has announced a price revision for IPA as of 14th September 2020.

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As of 14th September 2020 in Vizag the price of Benzene for the domestic market has gone down.

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GUJARAT STATE FERTILIZER & CHEMICALS LIMITEDGNFC Group has announced a revision in its Acetic Acid prices,

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As of 14th September 2020, Methanol price picked up in the International markets on the back of strong demand trends in the region.

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Our analysts have reported that PX prices have drifted down in the US Gulf owing to the soft demand trends in the region.

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As of 14th September 2020, Bis Phosphoric Acid prices have picked up in the International Market.

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The company is likely to resume operations at the unit by end-September, 2020.

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The company halted operations at the unit on September 11th, 2020 for an unspecified reason.

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

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OX prices have declined in the International market owing to the soft demand trends in the region.

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As of 14th September 2020, benzene prices drifted down in Asia.

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PM Narendra Modi has proposed three new petroleum projects for Bihar namely, the Durgapur-Banka section of the Paradip-Haldia-Durgapur Pipeline Augmentation Project and two LPG Bottling Plants commissioned by IndianOil and HPCL in Bihar.

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As of 14th September 2020, the dollar opened at Rs 73.39 which is up from the previous days close.

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A major International producer is in plans to restart its polypropylene unit following a turnaround.

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