As of 31st October, 2020 PTA prices tumbled in Asia this week.

As of 31st October, 2020 Acrylonitrile prices slipped in the domestic market despite high upstreams costs.

The international crude oil price of Indian Basket was quoted at around $39.07 per barrel on October 31st, 2020

As of  Oct 31st 2020, Naphtha prices fell significantly in Japan owing to lackluster demand trends in the region.

EDC Prices were assessed up on Oct 31, 2020.

Hazira has announced a price revision for DEG.

JNPT has announced a price revision for acetone.

As per our analysts, GSFC has announced a price revision for Cyclohexane.

Acrylonitrile prices picked up in the US Gulf and MED market.

Despite high upstream costs, Toluene prices slipped in the international market.

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

The company is likely to operate the unit at curtailed capacity levels until November 2020 owing to technical issues.

The company is likely to resume operations at the unit by November 9, 2020.

Bearish buying trends in major markets like China and ample product availability, coupled with a week on week plunge in upstream crude and naphtha values, together pressured propylene prices lower in Asia.

Korea Kumho Petrochemical Co (KKPC), is in plans to take off-stream a Polystyrene (PS) unit.

A sharp week on week drop in upstream crude and naphtha rates, has further supported the price fall.

Thai Polyethylene Co, a subsidiary of Siam Cement Group is in plans to shut its high density polyethylene (HDPE) plant.

Get the as-of-yesterday chemical import matrix into India

The international crude oil price of Indian Basket was quoted at around $39.07 per barrel on October 30, 2020.

PVC prices in the Iinternational market remain unaffected on 30th October, 2020

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

A UAE producer is heard to have offered its

CFR Far East Asia EDC prices were assessed at the USD 430/mt levels, a sharp rise of USD 35/mt from the previous week.

The company halted operations at the plant on October 27, 2020

Various market traders, as of 30th October 2020, have confirmed that chemical prices  have increased in the Chennai market.