News & Bulletin Updates

CFR Far East Asia EDC prices were assessed at the USD 315/mt levels, while CFR South East Asia EDC prices were assessed at the USD 345/mt levels, both up USD 5/mt from the previous week.

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As of 6th October 2020, the dollar opened at Rs 73.16 which is up from the previous days close.

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As of 5th October Kandla has announced price revision for Methanol.

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As of 5th October 2020, SM prices have declined in the Asian market owing to the soft demand trends.

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As of 5th October 2020, PX prices have drifted down in Rotterdam owing to the soft demand trends in the region.

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Last week, despite high upstream costs, benzene prices dropped down in the International market.

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The company is likely to halt operations at the unit on October 20, 2020.

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The company halted operations at the unit for maintenance on September 8, 2020.

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The company halted operations at the plant for maintenance in early-September, 2020

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A Saudi Arabian producer SABIC has offered its LDPE film grade at the USD 1160/mt levels.

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SABIC has offered its PP raffia and injection grades at the USD 1030/mt levels,

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A Saudi Arabian producer SABIC has announced its offers for HDPE BM/caps & closure grades at the USD 1020/mt levels

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Buying trends in markets like Korea and China remain quiet, owing to the on-going National Day holidays in the region.

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The International producer restarts its polypropylene (PP) unit following a turnaround.

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On Friday, open spec naphtha bid prices for the first half of November were assessed lower from the previous close.

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As of 5th October 2020, the dollar opened at Rs 73.17 which is up from the previous days close.

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

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The company is likely to resume operations at the plant by this weekend.

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

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

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The price of SM drifted down in Asia and Europe on the back of weaker upstream energy values and dull demand trends in key markets.

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As of 2nd October 2020, PX prices have drifted down in Korea, SE Asia, US Gulf and Rotterdam  owing to the soft demand trends in the region.

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Acrylonitrile prices picked up in the international market as of 2nd October 2020.

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The company is likely to resume operations at the plant by this weekend.

 

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Prices climbed higher, as product availability continued to remain tight across the Asian regions.

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