PX prices have declined in the international market owing to  soft demand trends.

The company halted operations at the unit on October 16, 2020.

The company is likely to operate its plant at around 50% of production capacity levels ahead of maintenance turnaround.

The company is likely to resume operations at the unit by December 2020.

The latest line up of chemical imports into India over the next two weeks, it is all here

The international crude oil price of Indian Basket was quoted at around $39.78 per barrel on Oct 27, 2020.

Butadiene (BD) prices have been static in  South East Asia, Rotterdam, South Korea and the US Gulf due to a constant demand trend while the price was assessed up in China.

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

The company started a turnaround at the unit on October 21, 2020.

The company started turnaround at the unit on October 21, 2020. The unit is likely to remain under maintenance for about 4-5 weeks.

The company is likely to undertake a planned shutdown at the plant on November 1, 2020.

A Chinese producer, Wankai, is heard to have announced its PET resin (IV-0.89) grade offer in India.

A Vietnamese producer Ngoc Nghia Group is heard to have offered  PET (IV 0.80) in India.

As of 27th October, 2020, despite weaker upstream values, N-butanol prices gained in China.

As of 27th October, 2020,price fall of MEG was on the back of weaker upstream ethylene values and dull regional buying interests in the region.

The producer has restarted its Vinyl chloride monomer (VCM) and Polyvinyl chloride (PVC) units following an unplanned outage.

Acetic Acid prices have been increased by Rs.3.04/kg basic, with effect from October 27, 2020.

Ethyl Acetate prices have been raised by Rs.1.50/kg basic, with effect from October 27, 2020.

Kandla has announced a price revision for methanol.

Dahej has announced a price revision for MDC.

JNPT has announced a price revision for acetone.

Acetic Acid prices have continuously increased from this month  indicating a shortage of supply with a growing demand of 10%.

The Department of Commerce has recommended to increase the rate of import duty on Polybutadiene Rubber,

The company is likely to resume operation by the end-October 2020.

MX prices have drifted down in the US Gulf owing to soft demand trends in the region.