On November 17, 2020 SM prices climbed higher in Asia mainly on account of stronger upstream values and also due to bullish regional demand trends.

On November 17, 2020 Ethylene prices were assessed flat in Asia despite a rise in upstream energy values.

A Taiwanese producer is heard to have offered PS in China.

Domestic producers may   announce price revision for the following products.

With effect from November 17, 2020 RIL has increased PVC resin prices.

The full chemical price inventory is here for you

Get the full matrix here

8Lotte Chemical to restart No.1 MEG unit
8Sinopec Yanshan to bring its Group II base oils unit on-stream
8Taekwang Industrial eyes maintenance at ACN plant
8Saudi Arabian producer to shut EVA plant for maintenance
8Shell rolls over December MEG Asia nomination.
See Details for more

Daily petrochemial price matrix for November 17 shows a lot of changes in prices across India

Get the full chemical import matrix here 

A 10000 tonnes of caustic soda is set to land in Vizag tomorrow. Nalco is bringing it in.
Know more

We have also spotted methanol cargoes coming in for berthing next week
Know more

So far this website has identified two cargoes of Benzene coming in, one brought in by RIL and the other by Haldia Petrochemicals

A 5250 tonnes of methanol is expected to come in on November 28 at Cochin. Another cargo is coming in too on the same date ferried by the vessel Mt Chembulk Yokohama
Find out more

A shipment of acrylonitrile was unloaded at Hazira late last week.
Know more

A cargo of styrene monomer is coming coming in at Kandla as also at Hazira. There is another shipment at Nhava Sheva
Find out more.

RIL is a large importer of paraxylene and orthoxylene.
They are getting unloaded at Sikka as of now.
RIL is also getting a shipment of ethane.
Haldia Petrochemicals is also a large importer of Paraxylene as per data available with us with
Find out more.

As of 17th November 2020, according to reliable sources, the prices of HDPE raffia in the domestic polymer market has decreased

The international crude oil price of Indian Basket was quoted at around $43.68 per barrel on November 17, 2020.

Butadiene prices were assessed to be higher in South Korea, China, SE Asia and Rotterdam, while remaining unchanged for the US Gulf as of 17th November 2020.

Naphtha prices have been registered to drift down in Japan and Europe owing to sluggish demand trends in the region.

Chemical market traders have confirmed as of 17th november 2020, that the price of chemicals have increased in the Delhi market.

As per reliable sources, it is learnt that prices of DOP & MIBK in the Chennai market have been increasing  since the last few days.

As of 16th November 2020, DOP price picked up in Mumbai domestic market

As a fall out of the COVID 19 pandemic price rise can be seen in both domestic as well as in the international markets