News & Bulletin Updates

The company has halted operations at the unit for maintenance on November 3, 2020.

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A Middle Eastern producer is heard to have concluded deals for its HDPE Pipe (PE100 Black) grades at the USD 1085/mt levels.

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On Tuesday, the Indian rupee ended 3 paise higher to close at 74.40 against the U.S dollar, from its Monday's close of 74.43 amid stronger domestic equity market.

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Reliance Industries Ltd (RIL), is heard to have taken off-stream its Linear Low Density Polyethylene (LLDPE) unit.

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The company has undertaken a planned shutdown at its polyvinyl chloride (PVC) unit.

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As per sources, propylene glycol prices have continuously increased from last week indicating a shortage of supply with a growing demand of 30%.

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A price revision for C10 solvent has been announced at Dahej.

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A price revision for acetone has been announced at JNPT.

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Bis Phosphoric Acid prices have declined in the international market owing to  soft demand trends.

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The company has scheduled a turnaround at the unit in the second half of November.

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The company is likely to start turnaround at its plant on December 1, 2020.

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The company is likely to resume operation at the unit by end-December, 2020.

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As of  3rd November 2020, despite weaker upstream values, N-butanol prices gained in China and SE Asia.

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As of 3rd November 2020, PX prices have drifted down in the international market owing to the soft demand trends in the region.

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The company is likely to halt operations at the plant in the second half of November 2020

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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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The company has scheduled to shut the unit by early-November, 2020 for a maintenance turnaround.

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A new coal-based methanol plant has been started by Wanhua Chemical at Yantai, Shandong Province, China, Argus Media reported.

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Asian toluene market is under watch among participants. On October 16,

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The company started maintenance at the plant on October 21, 2020.

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A Chinese producer is heard to have offered VAM at the USD 850-860/mt levels.

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A major producer from Japan is heard to have offered MEK at the USD 850/mt levels.

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CFR China methanol was assessed at $208/mt on  October 16, up by $1/mt day on day and $5/mt higher week on week.

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CFR China propylene prices were assessed at the USD 875/mt levels, unchanged from last Friday's assessed levels.

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