News & Bulletin Updates

China along with fourteen other Asia-Pacific countries signed the Regional Comprehensive Economic Partnership (RCEP) on November 15, 2020, hosted via a video conference in Hanoi, Vietnam.

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The government of India, after a detailed investigation by its quasi-judicial body, announced the extension of anti-dumping duty on Carbon Black from China and Russia.

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With effect from November 15, 2020 SPL raised GPPS and HIPS prices.

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Reliance Industries Limited raises PP Deemed Export prices.

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MEG prices have continuously increased from this month  indicating a shortage of supply with a growing demand .

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Nov 16, 2020: PTA outlook in Asia

Asian PTA basics expected to remain mixed within and outside China during this week

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PAN prices have continuously increased from this month  indicating a shortage of supply with a growing demand.

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Get our comprehensive coverage of today's petrochemical prices.

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Click on Reports

On Thursday, despite firmer upstream energy values and limited product avails, propylene prices were assessed flat in Asia.

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Ethylene prices witnessed an upward rise in Asia on Thursday.

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Korea Kumho Petrochemical Co (KKPC), is in plans to take off-stream a Polystyrene (PS) unit.

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Reports of improved regional demand trends and stronger isomers have resulted in benzene prices picking up in the  international market.

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Acrylonitrile prices picked up in the US Gulf, FE Asia and SE Asia market.

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State-owned GAIL (India) has posted a consolidated net profit of INR 1,068.16 crore in the quarter ended September 2020, down by about 8.5% from INR 1,167.58 crore in the corresponding period last year.

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As of 13th November, 2020 prices climbed, on the back of stronger regional buying sentiments and firmer MEG futures on the Dalian Commodity Exchange in China.

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As of 13th November, 2020 stronger upstream PX values pushed PTA prices higher in Asia.

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South Korea's LG Chem has undertaken an unplanned shutdown at its High density polyethylene (HDPE) units.

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The company is likely to complete maintenance at the plant by end-November, 2020.

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The company has planned to resume operations at the unit by end-November, 2020.

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Lotte Titan is presently running its two high-density polyethylene (HDPE) units at optimum capacity levels.

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The company is likely to resume operations at the plant by end-November or early-December, 2020.

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Domestic producer RIL comes up with the weekly revision of PET prices.

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Price revision for domestic PP and PE have been announced by Indian Oil Corporation Limited (IOCL).

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India’s leading manufacturer of Dye and Dye intermediates, Bodal Chemicals Ltd has announced its diversification into Benzene

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As of 13th November 2020 , stronger regional demand trends coupled with higher Isomer MX feedstock rates, pushed PX prices higher in Asia on Thursday

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