News & Bulletin Updates

The company halted operations at the plant on September 23, 2020 owing to technical issues.

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Asia witnessed a sharp decline of PTA prices on 24th September 2020 as informed by our analysts.

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As of 24th September 2020, Phenol prices have declined in Asia owing to soft demand trends in the region.

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The company has planned to halt operations at the plant by mid-October, 2020.

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As of 24th September 2020, PX prices have drifted down in Korea, SE Asia and Rotterdam  owing to the soft demand trends in the region.

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The company resumed operations at the unit on September 22, 2020.

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

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The company has scheduled a turnaround at the unit by mid-October, 2020.

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As of 24th September JNPT has announced a price revision for Acetic Acid.

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As of 24th September Kandla has announced a price revision for Octanol.

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As of 23rd September Vizag has announced a price revision for Benzene.

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As of 24th September Dahej has announced a price revision for C10 Solvent.

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As on 24th September Hazira has announced a price revision for EDC.

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As of 24th September Aegis has announced a price revision for MEG.

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As of 24th September Kandla has announced a price revision for Methanol.

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As of 23rd September GACL has announced a price revision for MDC.

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As of 23th September 2020, the dollar opened at Rs 73.58 which is flat  from the previous days close.

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As on 23rd September PTA price remained unchanged in Asia, despite weaker upstream PX rates.

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Major Taiwanese producer has brought on-stream its No.1 Ethylene vinyl acetate (EVA) plant in Mailiao.

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International producer is in plans to bring on-stream its No. 3 Polypropylene (PP) unit in Daesan.

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The company has scheduled maintenance turnaround at the plant over the period of second half September to first half October 2020.

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As of 23rd September 2020 SM prices have declined in the Korea and Japan market owing to the soft demand trends.

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According to our analysts, last week, despite high upstream costs, Toluene prices slipped in the international market.

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As of 23rd Sept 2020, MEG prices were seen to be dropping in the International market.

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As of 23rd September 2020, A USA producer is heard to have offered Phenol at the USD 580/mt levels.

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