News & Bulletin Updates

Vizag has announced a price revision for Benzene.

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As reported in our previous analysis, the price of DOP has been going down for many days but as of today the price of DOP has increased in the Mumbai market, according to trading sources.

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Various market traders have confirmed as of 6th October 2020

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In Mumbai PAN Prices have increased because chemical companies have increased their price.

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As of 6th October 2020 OX prices have declined in the  international market owing to the soft demand trends.

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Acrylonitrile prices picked up in the international market as of 6th October 2020.

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PX prices have drifted down in Rotterdam and US Gulf owing to the soft demand trends in the region.

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The company started turnaround at the plant on October 1, 2020.

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The company has plans to start turnaround at the unit this week.

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The company is likely to halt operations at the units by early-October, 2020.

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The company is likely to start turnaround at the unit on October 20, 2020.

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PTA manufacturing capacity of Hengli will climb to around 16.6 million tons a year, making the refiner the China top manufacturer leaving behind the present market giant Yisheng Petrochemical.

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Oct 06, 2020: STYRENE MONOMER

Asian styrene prices are likely to be range bound this week, tracking upstream crude oil and benzene values amid the week-long holiday in China.

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Asian purified terephthalic acid spot discussions are expected to remain limited with Chinese trade participants away from the market until Oct.8.

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Asia's monoethylene glycol prices

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Asia's monoethylene glycol prices would most likely be stable this week as markets in China

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Oct 06, 2020: ACRYLONITRILE

Far East Asia acrylonitrile prices are likely to be further supported this week as buyers across Asia are facing increasingly tighter spot supply.

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The company resumed operations at the plant in early-October, 2020.

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The company is likely to halt operations for maintenance at the unit on October 10, 2020.

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Celanese Corporation resumed operations at the Vinyl acetate monomer unit in end-September, 2020.

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India is heavily dependent on chemical imports.
We are carrying here data on a chemical import slate totalling up to 1 million tonnes

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As of 6th October 2020 on monday Acetonitrile prices have declined in the domestic market

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As of 6th October 2020 Acetic Acid price picked up in India on the back of strong demand trends in the region coupled with high saturation in the market.

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LyondellBasell and Sasol today announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50 percent of Sasol’s 1.5 MM ton ethane cracker, 0.9 MM ton low and linear low-density polyethylene plants, and associated infrastructure for a total consideration of US$2 Billion.

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Despite bearish upstream costs, propylene prices were assessed flat in Asia on Monday.

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