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Reliance Industries Limited has increased the price of local toluene by Rs.12/kg basic, with effect from November 02, 2020.

As of November 2nd 2020, the price of Cyclohexane has drifted down because of weakening demand and shortage of supply.

Phenol prices have continuously increased from this month  indicating a shortage of supply with a good demand.

Reports of improved regional demand trends and stronger isomers have resulted in toluene prices picking up in India.

The company is scheduled to start a turnaround at the plant by the first week of November 2020.

Methanol prices picked up in some international markets on the back of strong demand trends.

The company is expected to halt operations at the plant by early-November, 2020.

OX prices picked up in the Asian market. This price rise was triggered by stronger demand trends in the region.

The company has planned to start turnaround at the units in early-November, 2020.

The company is likely to halt operations at the plant by early-November, 2020.

Balaji Amines is planning to build a new methylamines plant in Solapur, Maharashtra, India

Hanwha Solutions is likely to take off-stream a Polyvinyl Chloride (PVC) plant at Yeosu.

Hanwha Solutions is planning to shut its Vinyl chloride monomer (VCM) plant at Ulsan.

Stronger downstream ABS demand and pricing trends  supported the sharp price rise of butadiene in Asia.

The company is likely to commence turnaround at the cracker by early-November, 2020.

HPL announces price revision in polymer for the following grades, wef November 1, 2020.

OPal announces price revision in polymer for the following grades, wef November 1, 2020.

Indian Oil Corporation has announced price revision for polymer wef November 1, 2020.

As predicted, major domestic producer Reliance Industries Limited has increased the rate of PE in the domestic market wef November 1, 2020

The price revision are:

Supreme Petrochemicals Limited (SPL) has raised polystyrene prices in the domestic market.

Reliance Industries Limited has announced an increase in local PP prices wef November 1, 

2020.

Reliance Industries Limited has announced a hike in local PVC prices wef November 1, 2020.

Major domestic producers have increased PET prices wef November 1, 2020.

As of 31st October, 2020 IPA prices have declined in the Mumbai market owing to soft demand trends.