News & Bulletin Updates

Datang International DuoLun Coal Chemical, has restarted its polypropylene (PP) unit following an unplanned outage.

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As per our reliable sources, the domestic market of PP grades have been increased in the current price revision.

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As per our reliable sources Reliance Industries Limited has rolled over its PVC price in the domestic market

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Indian Oil Corporation, the country's largest oil refining giant has come up with another strategic move that aims to remodel the business with an enhanced focus on petrochemicals.

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Get the full matrix here of all chemical imports into India

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The international crude oil price of Indian Basket was quoted at around $41.61 per barrel on Oct 21, 2020.

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Butadiene (BD) prices have been reported to be steady in South Korea, China, South East Asia, Rotterdam, and US Gulf due to stable demand patterns in the respective countries.

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

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The company started turnaround at the plant on October 18, 2020 and. is likely to remain under maintenance till November 11, 2020.

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As of 21st October 2020.

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CFR China phenol prices were assessed at the USD 695/mt levels, a week on week surge of USD 40/mt.

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Deepak Fertilisers and Petrochemicals Corporation Limited, at its meeting held today, has  approved the allotment of 1,33,92,663 equity shares at a price of Rs.133 per equity share (including a premium of Rs.123 per equity share) after the finalisation of the basis of allotment of the issue, in consultation with the  BSE Limited.

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As reported in our previous analysis, the price of Octanol has increased today in the Delhi market, according to trading sources.

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The Ministry of Environment, Forest and Climate Change (MOEF&CC) has granted environment clearance (EC) to GAIL India Ltd.

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The price of MEG has been increased by Rs. 2/kg with the new basic price of MEG being Rs. 43.90/kg.

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As per sources MIBK prices have continuously increased from last week indicating a shortage of supply with a growing demand of 10%.

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Dahej has announced a price revision for C10 Solvent.

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PX prices have declined in the US Gulf/Rotterdam owing to the soft demand trends.

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PTA prices have picked up in the Asian market.

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CNOOC and Shell Petrochemicals Co (CSPC), has brought on-stream its low-density polyethylene (LDPE) unit following a turnaround.

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CFR China propylene prices were assessed lower at the USD 910/mt levels, a day on day fall of USD 10/mt.

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The company halted operations at the plant on October 17, 2020.

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As reported in our previous analysis, the price of Aniline  has increased today in the Ahmedabad  market.

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The plant has taken off-stream its Epoxy resins plant for a turnaround.

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The company started maintenance at the plant on October 17, 2020.

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