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

Phenol prices picked up in China and SE Asia.

The company, owing  to maintenance work, has  halted operations at the unit on October 11, 2020

Shin-Etsu, has issued a force majeure (FM) on supplies of polyvinyl chloride (PVC) from its plant in Pernis.

A major South Korean producer has undertaken a planned shutdown at its No. 2 naphtha cracker.

The company which was shut on October 12 2020,

Currently the company is operating its SM units at 75% of production capacity levels owing to economic factors.

The company halted operations at the plant on October 14, 2020 and is expected to remain off-line for about one week.

NOVA Chemicals has resumed construction activities at its Corunna site.

As of 15th October 2020, RIL has announced price revisions for PE, PP, and PVC grades. 

Price changes wef 15/10/2020 are as follows:-

The full matrix is here, of all chemical imports in the coming days into India collected by our team

Chevron Phillips Chemical (CP Chemical), has taken off-stream its No. 22, 24 & 33 ethylene units at Sweeny, Texas.

Looking at different price governing factors, it seems that Indian producers are likely to a bit of price revision ahead.

Click on Details for what our projections are:

LyondellBasell, is planning to bring on-stream its Polypropylene (PP) plant following an unplanned outage.

Despite stronger upstream costs and a steep rise in downstream SM rates, benzene prices were quoted to be stable in Asia on Tuesday.

LG Chem South Korea is heard to have offered its PVC resin

The company is likely to shut its Ethylene vinyl acetate (EVA) plant for turnaround.

Chemplast raises PVC resin suspension grade prices

Indian Oil’s ‘Protsahan’ value shall be announced

Owing to technical issues, the company took its acetic acid plant off-stream on October 13, 2020

FOB Korea propylene prices

CFR South East Asia prices were down

At the end of strong demand trends methanol price picked up in China and Rotterdam.

Reports of improved regional demand  swings and stronger isomer

The company is likely to complete turnaround at its units by mid-October, 2020.