As of 7th July, 2020, latest chemical tanker load bulk prices for Acetone, Acetic Acid, Butyl Acetate, C9 Solvent, IPA, Methanol, n-Butanol, Phenol, SM, Toluene, VAM, PG, OX, Octanol, Acrylonitrile, BAM, BGE, Butyl Acetate, Ethyl Acetate, Ethyl Acrylate, Butyl Cellosolve, Cyclohexane, DEG, EDC, Isobutanol, MEK, MIBK, MEG, MX is recorded as follows.
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As of 7th July, 2020, Acetic Acid Prices have decreased in some parts of the Indian markets including the mumbai/kandla port.
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According to our analysts, Latin polymers are expected to see higher prices in July, 2020 due to the price increase that took place in the US past week.
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According to our analysts, US polyethylene prices are expected to increase this week as sources anticipate fresh, higher July pricing from major US producers.
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According to our analysts, a major international producer of 2-EH has brought its 2-Ethylhexanol (2-EH) unit on stream.
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A major chinese chemical producer halts production at its MMA unit which was closed as reported by our analysts.
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According to our analysts, a major international manufacturer has taken off-stream its polystyrene plant following a turnaround.
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PTA prices climbed in FE Asia, SE Asia and India on the back of limited product availability and strong demand trends.
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Monoethylene Glycol (MEG) prices climbed marginally in the Asian region.
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Our analysts have reported that PAN prices have increased in the Chinese Mainland.
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Styrene Monomer (SM) prices have recorded a marginal increase in some parts of the international market.
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Our analysts have informed us that Benzene as of 7th July 2020 has recorded a price rise in India, South Korea and Japan.
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Production margins were hovering at multi-year lows in early July as oversupply continues to pressure the polyester chain.
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Find out more on what the global outlook for the following productsL
Polypropylene
Acrylonitrile
Polypropylene
Methanol
Paraxylene
PTA
Toluene
Benzene
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As of 6th July 2020 Friday, CFR South East Asia and CFR China prices were assessed to be steady compared to the previous days close as reported by our analysts.
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According to our analysts, a major international manufacturer has taken off-stream its polystyrene plant following a turnaround.
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Future trade opening prices for Chinese markets can be attributed as follows.
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An International manufacturer from China halts operations at its Methanol-To-Olefins(MTO) unit on July 1, 2020.
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According to our analysts, a major international producer of MEK has brought its Methyl Ethyl Ketone (MEK) unit on stream.
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A major international chemical producer has shut its PTA unit due to maintenance as reported by our analysts.
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A major chinese chemical producer has restarted its PX unit which was closed due to maintenance as reported by our analysts.
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Our analysts have informed us that a major producer is all set to shut its Group II base oil plant following a turnaround.
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As of 6th July 2020, Methanol price rises in the international market on the back of strong demand trends in the region.
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OX prices edged lower in Rotterdam on the back of falling crude rates.
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As of 6th July 2020, Bis Phosphoric Acid prices have seen a gradual rise in the international market on the back of improved buying sentiments in the region.
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