News & Bulletin Updates

As predicted by our analysts, RIL has raised prices as under.

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Benzene prices recorded a price drop in the Asian market according to our analysts as of 1st July 2020.

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Our analysts have reported that Toluene prices have risen in some parts of the international market.

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MX prices climbed in the US Gulf region on the back  of limited product availability and strong demands as reported by our analysts.

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Para Xylene (PX) prices climbed marginally in the US Gulf and Rotterdam market as reported by our analysts.

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As of 1st July 2020, the domestic chemical market prices have been on an upward trend.

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On Tuesday the Mumbai, Delhi and Ahmedabad markets witnessed a few buying activities for Polycarbonate, following resumption of trade in the Phase 1 lockdown lifting.

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Delhi polymer market is in a fluctuating state with prices gradually increasing.

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As of 30th June, 2020, the import offers for Kolkata Port in US/MT are as follows

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WIth extensive primary and market research, our analysts have predicted the price to be announced for 1st July 2020.

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The import offers for Nhava Sheva Port in US/MT

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PVC, LLDPE and PP futures opened higher than yesterday according to our analysts and have maintained the gradual price rise.

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LyondellBasell is all set to increase US polypropylene prices by 3 cent/lb as reported by our analyst.

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Following a turnaround, the company is set to resume operations at the Group II base oil plant in mid-July, 2020.

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According to our analysts, toluene prices have started to drift down in some parts of the International market namely Japan, South Korea and China which can be attributed to a key manufacturer slashing prices.

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As of 30th June 2020, Purified Terephthalic Acid prices fall in Asia according to our analysts.

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OX prices edged lower in Rotterdam on the back of falling crude rates.

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Our analysts have reported that Mixed Xylene (MX) prices have declined in the US Gulf and Rotterdam owing to the soft demand trend in the region.

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On Tuesday 30th June 2020, benzene prices recorded a price drop in the Asian market according to our analysts.

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Methanol prices as of 29th June 2020 have gone up on account of imports being delayed as reported by our analysts.

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Shandong Yuhuang Chemical to resume operations at its No. 2 Styrene monomer (SM) plant by early-July, 2020 which was shut following technical issues.

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Following the start of a turnaround, our analysts have informed that Lukoil has scheduled to take its (ANC) plant off stream by August- September, 2020.

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PAN prices climbed marginally in South-East Asia as of 29th June 2020. Our analysts have credited this price rise to limited product availability and other factors.

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As of 29th June 2020, Bis Phosphoric Acid prices have seen a gradual rise in the international market on the back of improved buying sentiments.

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Our analysts have reported that Methanol prices have declined in Europe due to sluggish demand trends in the region.

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