News & Bulletin Updates

The company has planned to halt operations at the unit for a maintenance turnaround by mid-November, 2020.

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The company is likely to start maintenance at the plant by mid-November, 2020.

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Reliance Industries Ltd (RIL), is in plans to bring on-stream its Polypropylene (PP)  unit following an unplanned outage.

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On Wednesday, despite firmer upstream crude and naphtha values, propylene prices were assessed flat in Asia.

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Get today's collection of daily petrochemical prices across Indian cities and ports. Get it all here.

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We provide a very layered coverage of chemical prices in India, divided in terms of bulk, retail and repack prices.  Ordinarily you will only get a single chemical price in a city whereas we provide bulk (domestic and imported), domestic intact, domestic repacked, imported repacked and imported packed prices.

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The main imports that we are tracking, among others, are:
Base oil, Methanol, Paraxylene, Phosphoric acid, Sulphuric acid among a dozens of other chemicals.

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Nov 11, 2020: PET prices raised

RIL, JFB Industries and ASPET raise PET prices with effect from November 12, 2020.

The new rates are

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Formaldehyde prices have increased today  indicating a shortage of supply with a growing demand of 30%.

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The company is currently operating its plant at 100% of production capacity levels.

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The company recently halted operations at the unit for a maintenance turnaround.

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The company has increased run rates at the plant to 90-95% of production capacity levels.

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The international crude oil price of Indian Basket was quoted at around $42.41 per barrel on November 11, 2020.

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PET prices have been reported to be stable in South Korea, South East Asia, NE Asia, NW Europe, and the US Gulf due to steady demand patterns in the region.

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As of 11th November 2020, Ethylene prices have picked up in Asia.

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Lotte BP Chemical has brought on-stream its Vinyl acetate monomer (VAM) unit following an unplanned outage.

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The price rise was a result of firmer upstream crude and gasoline values, coupled with improved regional demand trends.

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Firmer upstream benzene and propylene values further supported the price gain.

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On Tuesday, open spec naphtha bid prices for the 2H of Dec were assessed higher.

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As of 11th November 2020 prices today have increased from the previous day indicating a shortage of supply with a growing demand in the domestic market.

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With immediate effect  within existing contractual agreements permit

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A price revision for  OX has been announced at RIL.

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A price revision for  Benzene has been announced at IOCL.

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As per sources BAM prices have increased from last week indicating a shortage of supply with a growing demand in the domestic market.

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PX prices have picked up in the  Asian market.

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