News & Bulletin Updates

The international crude oil price of Indian Basket was quoted at around $43.84 per barrel on November 20, 2020.

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Butadiene (BD) prices have been static in  South East Asia, South korea, China Rotterdam, and US Gulf due to a constant demand trend.

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Naphtha prices have been registered to drift down in Japan and Europe owing to sluggish demand trends in the region.

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Caustic soda prices witnessed a rise in Asia during November week 3.

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Methanol prices marched higher in Europe, on November 19, 2020.

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Acrylonitrile (ACN) prices witnessed a surge in Asia during November week 3.

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On November 19, 2020, open spec naphtha bid prices for the 1H of Jan were assessed lower. 

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Isomer MX prices were assessed lower on November 19, 2020. 

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Methanol  prices have increased today indicating a shortage of supply with a growing demand of 50%.

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Prices for OX have been revised at Aegis

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On November 19, 2020 the Indian rupee opened 12 paise higher at 74.15 against the US dollar.

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Prices for MX have been revised at JNPT.

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Prices for DEG have been revised at Hazira.

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As of November 20, 2020, Petrochem sources confirmed that BAM prices have slipped at Kandla port.

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Prices for acetone have been revised at Dahej.

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As of  November 20, 2020 MMA (imported intact) prices dropped in Mumbai owing to soft demand trends coupled  with dull buying sentiments which were reported from the region.

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As of November 20, 2020,  acrylonitrile prices for domestic repack have increased in the Ahmedabad market.

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As of  November 20, 2020, Kandla port saw a rise in SM prices due to the strong demand in the market coupled with supply being slow.

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As of  November 20, 2020, Benzene prices  gained in Vizag.

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The company resumed operations at the unit on November 16, 2020.

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On November 19, 2020 SM prices fell sharply in Asia.

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On November 19, 2020, PTA prices in Asia were assessed steady despite weaker regional demand trends and drop in upstream PX values.

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On November 19, 2020 MEG prices increased in Asia. Stronger upstream energy and ethylene values together with improved regional demand trends supported the price rise.

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On November 19, 2020 PX prices dropped in Asia due to buying sentiments being dull in the region.

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The government has come out with a notification on Anti Dumping Duty on imports of Polystyrene from Singapore, Taiwan, Malaysia, UAE, Iran and USA.

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