As of 13th July 2020, our analysts have reported that a major international producer is to resume operations at its Monoethylene glycol (MEG) unit.

As per our analysts, a chinese chemical producer is in plans to restart its Group II base oil plant following a turnaround.

Ortho-Xylene prices drifted down in Asia as reports of sluggish regional demand sentiments pushed prices lower in the market.

MX prices climbed in the South Korea and South East Asia region on the back of limited product availability and strong demands as reported by our analysts.

As of  13th July 2020, Methanol price rises in some international markets on the back of strong demand trends in the region.

As of 13th July 2020, future trading prices for chinese market were reported to be higher for PVC, LLDPE and PP from the previous close

As of 13th July 2020, Brent crude prices were reported to be 0.99% less and WTI crude opened to be 1.01% less than the previously closed price.

As of 13th July 2020, our analysts have reported the feedstock offer prices for Naphtha, Ethylene, Propylene and Styrene.

An Italian chemical manufacturer is in plans to take its methyl methacrylate plant off-stream due to maintenance.

A major international chemical manufacturer is planning to resume operation at its Monoethylene glycol (MEG) plant following a turnaround.

As per our analysts, a major chinese chemical manufacturer has taken its Styrene Monomer plant off-stream.

As per our analysts, benzene recorded a price drop in the Asian market.

As of  11th July 2020, Methanol price rises in SE Asia on the back of strong demand trends in the region.

As of 11th July 2020, Purified Terephthalic Acid prices fell in Asia due to unavailability of raw materials and restrictions imposed due to the pandemic.

As of 11th July 2020,  PX prices goes down in the international market.

Acetone and Phenol prices on 11th July 2020 were recorded to be high in NW Europe as informed by our analysts.

GAIL (India) Limited through its start-up initiative ‘Pankh’ has announced plans to boost start-up companies operating in the area of Compressed BioGas (CBG) through investments.

Our analysts have reported a price rise of PVC in Europe on the back of increasing costs of ethylene and key producers shutting their facilities due to the pandemic.

China is heavily dependent on propane imports due to the inability to use domestic materials.

The Northwest Europe (NWE) naphtha market is set to maintain its upward trend in June as informed by our analysts.

The provincial government in Canada has launched its Alberta Petrochemicals Incentive Program.

The company is expected to undertake a planned shutdown at the plant on July 12, 2020 as reported by our analysts.

The company started maintenance work at the plant on July 9, 2020 as a result of which its phenol and acetone plant were taken off stream.

The company is planning to shut the cracker for maintenance on October 12, 2020 according to our analysts.

A major international producer has halted operations at its Methanol unit on July 10th, 2020 as informed by our analyst.