News & Bulletin Updates

Various market traders have confirmed as of 12th September 2020 that the price of chemicals has increased in the Delhi market.

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North-western Europe witnessed a sharp decline of Acetone and Phenol prices on 12th September 2020.

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As of 12th September 2020 Acrylonitrile prices have picked up in the International Market this week.

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As of 12th September 2020 PTA prices have declined in Asia owing to soft demand trends in the region.

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The company has undertaken a planned shutdown at the plant in early-September, 2020.

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Japan’s export volume of key petrochemical items have shrunk significantly in the first seven months of 2020.

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The company resumed operations at the plant, on September 11, 2020.

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As of 12th September 2020 SM prices have declined in the Asian market owing to the soft demand trends however SM prices in Europe drifted lower.

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A major US producer is likely to undertake a planned shutdown at its Ethylene dichloride (EDC) and vinyl chloride monomer (VCM) plants.

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Reports of persistent tight regional product availability in major markets like China and bullish downstream PE pricing trends, together supported the price rise.

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As of 12th September 2020, continued tight product availability in key markets like China and stronger downstream PP values, together supported the price gain.

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As of 12th September 2020, the dollar opened at Rs 73.53 which is up from the previous days close.

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Learn how the demand for plastic is the last hope for the oil and gas stakeholders.

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Sep 11, 2020: Crude Oil Overview

As of Sep 11th , 2020, Crude oil prices went up for OPEC while the price went down in North-West Europe and the US Gulf.

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Naphtha prices were registered stable in Europe but in Japan it went up by $3/MT from the previous days close.

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Pet prices remain unaffected in the International market on Friday.

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As of 11th September 2020, EVA prices went up because of strong regional demand trends and tight product availability in the region.

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As of 11th September 2020, the dollar opened at Rs 73.49 which is up from the previous close.

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Our analysts, after talking to sources in the Kandla port have reported that the price of MEK has come down because of weakening demand and shortage of supply.

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A market trader has confirmed as of 11th September 2020 that the price of Cyclohexanone has increased in the Mumbai market and Kandla port respectively.

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As of 11th September 2020 in Vizag the price of Benzene for the domestic market

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Dahej announces price revision for C10 Solvent as of 11th September 2020.

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GSFC announces price revision for Cyclohexane as of 11th September 2020.

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Rashtriya Chemicals and Fertilizers Ltd (RCF), a PSU under the Ministry of Chemicals and Fertilizers has started its Methanol Plant at Trombay Unit, Mumbai.

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Para Xylene (PX) prices climb marginally in the international market as per our analysts.

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