News & Bulletin Updates

As of 10th September 2020 a major Chinese producer is likely to resume operations at the unit by this weekend. The unit was shut on September 1, 2020 owing to environmental issues.

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As of 10th September 2020, Bengal Chemicals & Pharmaceuticals Limited (BCPL)

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As of 10th September 2020 a major International producer has halted production at its Methanol plant on September 7th, 2020.

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As of 10th September 2020, the dollar opened at Rs 73.41 which is up from the previous close.

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As of  9th September 2020 in Kandla the price of  Methanol for the domestic market has gone up.

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As per our analysts, the price of IPA has increased in Mumbai and Kandla.

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The company has started maintenance at the plant in early-September, 2020.

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Our analysts have informed us that the company has recently slashed down run rates at the plant to around 65-70% production levels this week.

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Toluene price picks up in the International markets on the back of strong demand trends in the region.

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SM prices have declined in Japan and South Korea owing to the soft demand trends in the region.

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As of 9th September 2020 MEG prices have remained unchanged in the Asian market.

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As of 9th September 2020, PTA prices have remained unchanged in the Asian market.

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A new PTA plant by SASA in Turkey will use the INVISTA’s P8 Process Technology.

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LG Chem  plans to undertake a planned shutdown at its Ethylene Vvinyl Aacetate (EVA) plant.

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As of 8th September 2020, the dollar opened at Rs 73.57 which is up from the previous close.

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Idemitsu Kosan Co.,Ltd has started maintenance at naphtha cracker.

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As of 9th September 2020, Ethylene prices were assessed flat in Asia on Tuesday.

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Our analysts have put together a price projection for LDPE, LLDPE, PP, HDPE, and PVC. Click on Details for more.

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Sep 08, 2020: Crude Oil Overview

As of Sep 08th 2020, Crude oil prices went down for Indian Basket, OPEC, North-West Europe while the price no change in the US Gulf on Tuesday.

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Our analysts have informed us that Butadiene (BD) prices have remained unchanged in South Korea, Europe, SE Asia and China due to steady demand patterns in the region.

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Naphtha prices have been registered to drift down in Japan and Europe owing to sluggish demand trends in the region.

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As of 8th September 2020, Bis Phosphoric Acid prices have picked up in the international Market.

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As of 8th September 2020, Methanol price picked up in the International markets on the back of strong demand trends in the region.

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As per our analysts, the price of Acetone has been increased in Mumbai.

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The company has planned to start turnaround at the unit by mid-September 2020. The unit is expected to remain under maintenance till end-November, 2020.

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