How are the following key products behaving in the Asian markets this week:
8Mixed Xylenes
8Toulene
8MTBE
8Naphtha
8Ethanol
Click on Reports for more.

The rationalisation of the customs duty structure and review of old exemptions should be favourable for domestic chemical manufacturing and will address the issues of duty inversion faced by the sector
8Moreover, it will ensure better feedstock availability and encourage domestic value addition
8This should also help the sector benefit from the 'China+1' strategy adopted by global players, wherein there is increased focus on supply chain diversification
8This will help the domestic chemicals sector, especially the specialty chemicals sector. During the last one year, around 80 outdated duty exemptions were removed and the Government plans to review around 400 exemptions in the current year and rationalize the duty structure by October 1, 2021

On February 3, 2021 moderate buying activities were observed in the open markets of Bengaluru.

On February 3, 2021 slow buying activities were observed in the open markets of Indore.

On February 3, 2021 moderate buying activities were observed in the open markets of Jaipur.

8Get the chemical prices round-up here for the day
8Grade-wise and city-wise

8The prices are gathered from a cross section of the industry including producers, traders and distributors

8Get the full list here, of all petrochemical prices as of today

On February 3, 2021, sulphuric acid prices drifted lower in the domestic market of Ahmedabad.

Reliance Industries Ltd is likely to undertake a planned shutdown at its PVC plant.

8We bring you bulk chemical prices prevailing as of today, in Mumbai.

8Our website carries the latest prices of the chemical market

8Catch today's Mumbai chemical prices, here

On February 3, 2021 EVA price moved up in the Indian polymer market, on account of good demand trends.

A revision in MEG prices has been announced by Aegis. 

A revision in acetone prices has been announced at Dahej.

VAM prices have increased continuously this week indicating a shortage of supply with a growing demand in the indian market. 

Prices for Cyclohexane have been revised by GSFC.

Chloroform prices have been revised at Dahej.

On February 3, 2021, Petrochem sources confirmed that DBPprices have slipped in the Mumbai market.

The international crude oil price of Indian Basket was quoted at around $55.18 per barrel on February 03, 2021.

On February 3, 2021, sulphur prices increased in the domestic market.

A revision in benzene prices has been announced at Vizag.

LG Chem has offered it's PVC material in the Indian Market.

A producer from Saudi Arabia is heard to have offered it PP in India.

A producer from Saudi Arabia is heard to have offered its LDPE Film grade.

What is the latest on the Panipat refinery expansion?
8Will the RFQs come before or after capital approval?
8We spoke to the right authorities
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