PAN prices have continuously increased from this month indicating a shortage of supply with a growing demand.
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Get our comprehensive coverage of today's petrochemical prices.
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On Thursday, despite firmer upstream energy values and limited product avails, propylene prices were assessed flat in Asia.
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Ethylene prices witnessed an upward rise in Asia on Thursday.
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Korea Kumho Petrochemical Co (KKPC), is in plans to take off-stream a Polystyrene (PS) unit.
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Reports of improved regional demand trends and stronger isomers have resulted in benzene prices picking up in the international market.
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Acrylonitrile prices picked up in the US Gulf, FE Asia and SE Asia market.
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State-owned GAIL (India) has posted a consolidated net profit of INR 1,068.16 crore in the quarter ended September 2020, down by about 8.5% from INR 1,167.58 crore in the corresponding period last year.
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As of 13th November, 2020 prices climbed, on the back of stronger regional buying sentiments and firmer MEG futures on the Dalian Commodity Exchange in China.
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As of 13th November, 2020 stronger upstream PX values pushed PTA prices higher in Asia.
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South Korea's LG Chem has undertaken an unplanned shutdown at its High density polyethylene (HDPE) units.
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The company is likely to complete maintenance at the plant by end-November, 2020.
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The company has planned to resume operations at the unit by end-November, 2020.
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Lotte Titan is presently running its two high-density polyethylene (HDPE) units at optimum capacity levels.
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The company is likely to resume operations at the plant by end-November or early-December, 2020.
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Domestic producer RIL comes up with the weekly revision of PET prices.
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Price revision for domestic PP and PE have been announced by Indian Oil Corporation Limited (IOCL).
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India’s leading manufacturer of Dye and Dye intermediates, Bodal Chemicals Ltd has announced its diversification into Benzene
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As of 13th November 2020 , stronger regional demand trends coupled with higher Isomer MX feedstock rates, pushed PX prices higher in Asia on Thursday
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As of 13th November 2020 , persistent rise in upstream crude and gasoline values pushed Toluene prices higher in the U.S.A. on Wednesday.
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As of 13th November 2020, the rise in MX prices was attributed to higher upstream energy values and stronger downstream PX values.
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The international crude oil price of Indian Basket was quoted at around $44.25 per barrel on November 12, 2020.
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PVC pricing sentiments in the International market remain unaffected on 12th November 2020
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Naphtha prices picked up in Japan and Europe on account of positive buying trends in the respective countries.
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The company had a complete turnaround at the plant early this week.
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