The international crude oil price of Indian Basket was quoted at around $43.99 per barrel on Aug 10, 2020.

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

Ethylene prices have dropped down in Japan and South Korea while remaining unchanged in Asia’s other regions and Europe.

The Indian Polymer market is undergoing an upward price trend movement as the market struggles to be stable since the last price revision by major producers and aso due to the restrictions imposed by the Lockdown.

As of 10th August 2020, our analysts have gathered a market overview for the Hyderabad market after talking to various traders.

In the Delhi market, the price of Chemicals are on a downward trend due to shortage of material during the pandemic.

As of 10th August, 2020, latest chemical tanker load bulk prices for Acetone, Acetic Acid, Butyl Acetate, C9 Solvent, IPA, Methanol, n-Butanol, Phenol,

Our analysts, after talking to various sources in the Mumbai market have reported that the price of MIBK has come down because of weakening demand and shortage of supply.

A Mumbai and Kandla market trader has confirmed as of 10th August 2020 that the price of VAM has increased in the Mumbai and Kandla market.

As of 10th August 2020, the price of IPA has decreased today and toluene,acetone,mek,mibk prices have shown a downward trend for this week.

AS per our analysts, a major chinese producer plans to restart production at its Aromatic plant following a turnaround for maintenance

As of 10th August 2020, MX prices have picked up Internationally due to high upstream energy values and improved buying sentiments in the region.

According to our analyst the price of DOP/PAN In South-East Asia picked up on the back of improved buying sentiments in the region.

Our analysts have reported that Ortho Xylene prices have declined in South Korea and South-East Asia owing to the soft demand trends in the region.

FInd below a snapshot of all price revisions that took place this week as informed by our analysts. Indian Rate Revision wef 6th August'2020.

As of 10th August 2020, Indian Rupee opened at $74.9450 as informed by our analyst.

As of 8th August 2020, Benzene prices pick up in Vizag as per our analyst.This price rise is mainly due to high demand along with abundant supply.

HOC has announced a price revision for Acetone as of 8th August 2020.

As per our analysts, Reliance Industries Ltd (RIL), has taken off-stream its No. 2 purified terephthalic acid (PTA) unit as of 8th August 2020.

As informed by our analysts, Acetone prices climbed in NW Europe amid reports of limited product availability and strong demand trends together pushed prices higher across the region.

SM prices drift down in Asia as reports of sluggish regional demand sentiments push prices lower in the market.

As of 8th August 2020, Toluene prices were seen dropping in the International market. The prices fell on the back of weak upstream energy values and dull demand trends in key markets.

As of 8th August 2020, a major Chinese producer plans to restart its PP plant following a planned outage

As of 8th August, 2020 CFR North East Asia ethylene prices dropped down owning to bearish demand trends in the region

As per our analysts, Propylene prices pick up for Asia as a result of firmer upstream crude and naphtha values.