On December 3, 2020, PTA prices were assessed stable in Asia.

All India Plastics Manufacturers’ Association (AIPMA) in a letter urged the Prime Minister, Narendra Modi, to help save the plastics processing industry which is in the verge of collapse. Exponential increase in cost of raw materials (Polymers) by private companies and PSU’s have come as a tremendous blow to the 50,000 odd plastics processing units, 90% of which are MSME’s.

Comprehensive and accurate, our daily petrochemical price updates are the best in the country.  

Our crude coverage is extensive and indepth. Our pricing site provides you the latest international prices. No one gives you this data, but we do.

8Supreme Chemical got in a cargo of Styrene Monomer.

8CJ Shah & Co just got 1600 tonnes of IPA.
It was delivered at Nhava Seva.

As of today, the LNG terminals where vessels are berthed and unloading are:
8Dabhol
8Hazira
8Ennore
The busy Dahej terminal does not have a vessel berthing as of now though there is a line up ahead. 

84000 tonnes of styrene monomer is expected on December 5.
This is at Hazira.

82000 tonnes of acetone is coming into Hazira.
This is arriving on December 4.

8RIL is also getting in 19750 tonnes of EDC.
8Then there is another 10000 tonnes coming in.
This is coming into Hazira.

82000 tonnes of heavy aromatics is landing in Hazira.
The date of arrival is December 6, 2020.

8RIL is getting in a cargo of ethylene.
Why is that so?

8Kandla has 2 lakh tonnes of chemical cargoes headed in over the next two weeks
Click on Details for more

Here are the main highlights:

8Fire prompts Equinor to shut Norway methanol plant

8Jiangsu Sailboat shuts MTO plant for maintenance

8Total declares FM on LDPE supplies

8Shandong Chambroad takes its PDH plant off-stream

8Anhui Haoyuan’s unplanned maintenance at SM plant

8OQ restarts Paraxylene unit

8BASF lifts force majeure on BDO supplies

8Hebei Haiwei resumes production at Polypropylene unit

8REP completes turnaround at LLDPE unit

8Borealis resumes production at cracker

Gujarat State Fertilizer & Chemicals Limited raises domestic cyclohexane prices.

European butadiene contract price for December has been settled.

On December2, 2020, MX prices moved higher in the US.

PX prices dropped in Europe, on December 2, 2020.

The international crude oil price of Indian Basket was registered at around $47.29 per barrel on December 03, 2020.

Naphtha prices have registered a downward movement in Japan while moving up in Europe owing to fluctuation in the markets.

Acrylonitrile prices for imported intact have increased in the Mumbai market.

On December 3, 2020, PVC price moved marginally up in South-East Asia, Far-East Asia and India.

Supreme Petrochemicals has announced revision in its PS prices, wef December 3, 2020.

On December 2, 2020, PX prices were assessed lower in Asia. 

On December 2, 2020 C9 solvent prices slipped in the domestic market.