On December 4, 2020, Petrochem sources confirmed that NPAC prices have slipped at Kandla port.
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On December 4, 2020, domestic intact prices for cyclohexane increased.
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Prices for MX have been revised at JNPT.
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Prices for C10 solvent have been revised at Dahej.
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On December 4, 2020, benzene prices gained at Vizag.
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Acetic Acid prices have continuously increased from this week indicating a shortage of supply with a good demand.
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Methanol prices have increased today indicating a shortage of supply with a growing demand in the domestic market.
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A producer from South Korean is heard to have offered Bisphenol-A in India.
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A major Saudi Arabian producer is heard to have offered its Vinyl Acetate Monomer.
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A producer from South Korea is heard to have announced its offer for HDPE Film grade.
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Trinseo, a global manufacturer of plastics, latex and rubber, have announced a price revision for polystyrene (PS) an acrylonitrile-butadiene-styrene (ABS) in Europe, according to a press release issued by the company on December 2.
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SM prices were stable in Asia on December 3, 2020.
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On December 3, 2020, propylene prices climbed in Asia.
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On December 3, 2020, PTA prices were assessed stable in Asia.
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All India Plastics Manufacturers’ Association (AIPMA) in a letter urged the Prime Minister, Narendra Modi, to help save the plastics processing industry which is in the verge of collapse. Exponential increase in cost of raw materials (Polymers) by private companies and PSU’s have come as a tremendous blow to the 50,000 odd plastics processing units, 90% of which are MSME’s.
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8Supreme Chemical got in a cargo of Styrene Monomer.
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8CJ Shah & Co just got 1600 tonnes of IPA.
It was delivered at Nhava Seva.
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As of today, the LNG terminals where vessels are berthed and unloading are:
8Dabhol
8Hazira
8Ennore
The busy Dahej terminal does not have a vessel berthing as of now though there is a line up ahead.
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84000 tonnes of styrene monomer is expected on December 5.
This is at Hazira.
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82000 tonnes of acetone is coming into Hazira.
This is arriving on December 4.
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8RIL is also getting in 19750 tonnes of EDC.
8Then there is another 10000 tonnes coming in.
This is coming into Hazira.
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82000 tonnes of heavy aromatics is landing in Hazira.
The date of arrival is December 6, 2020.
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8RIL is getting in a cargo of ethylene.
Why is that so?
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