According to our analyst the price of DOP In South-East Asia went up on the back of improved buying sentiments in the region.
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RIL announced the Annual Procurement Plan (APP) for LDPE grades for FY 2020-2021.
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The company recently resumed operations at the plant. The plant remained under maintenance for about 7 weeks.
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The company started maintenance at the plant on June 10, 2020. The plant is slated to remain under maintenance till end-July, 2020.
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Ortho-Xylene prices drifted down in Asia Reports of sluggish regional demand sentiments pushed prices lower in the market.
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Today Acetone/Phenol prices climbed in Europe. Reports of limited product availability and strong demand trends have together pushed prices higher across the region.
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Purified Terephthalic Acid prices fell in Asia.
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Ahmedabad Polymer Prices in Basic (Rs./Kg).
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Sinopec Tianjin Petrochemical, Chinese refining giant, is in plans to commence operations at its monoethylene glycol (MEG) on 10th July 2020 after completion of replacing catalyst.
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Indian Oil corp inaugurates its Product Application & Development Centre (PADC) facility at Paradip adjacent to its Refinery and Petrochemicals complex.
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Covestro is planning to restart its Methylene diphenyl diisocyanate (MDI) unit which was shut to an unplanned turnaround.
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According to our analysts toluene prices have started to drift down in some parts of the International market.
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Japan and South Korea has witnessed a decline of $15/ton in Styrene Monomer prices as informed by our analysts on 26th June 2020.
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Our analysts have reported the gradual decline of Purified Terephthalic Acid prices in India and Asian markets as of 26th June 2020
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South-East Asia and Far-East Asia witnessed a marginal price hike of Acrylonitrile as informed by our analysts. on account of active demand trends.
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Our sources have informed us that as of 25th June 2020, HPCL, RIL & Opal have undertaken rate revisions for PP, HDPE,LLDPE and PVC.
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US marathon Petroleum is planning to restart its Aromatics plants which was shut due to an unplanned turnaround.
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Owing to inactive demand patterns, Phenol prices have registered sharply down in China but this has had an adverse effect in the South-East Asian markets.
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Styrene Monomer (SM) prices have recorded a marginally increase in some parts of the international market.
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Our sources have reported the marginal increase of Monoethylene Glycol (MEG) prices in the Asian market.
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PX prices are fluctuating in the International market with prices decreasing in parts of South- East Asia but increasing in FOB US Gulf.
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China and South-East Asia witnessed a sharp decline of Acetone prices as informed by our analysts on 25th June 2020.
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Alkyl Amines Chemicals Ltd reported a steady growth in its quarterly as well as yearly profits.
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