News & Bulletin Updates

As per our analysts, despite weaker upstream crude and naphtha values, propylene prices remain stable in Asia on Thursday.

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Our analysts have informed us that Ethylene prices were quoted to be steady in Asia on Thursday.

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As per our analysts GNFC has announced a price revision for Acetic Acid and Ethyl Acetate as of 4th September 2020.

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As per our analysts BPCL has announced a price revision for Benzene and Toluene as of 4th September 2020.

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As of  4th September 2020, Andhra Petro has increased its Octanol and N-butanol price for the domestic market.

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RIL has announced a price of MEG and DEG with effect from 4th September 2020.

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As of 4th September 2020, MEG prices have picked up in the International Market.

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As of 4th September 2020 SM prices have declined in Japan and South Korea owing to the soft demand trends in the region.

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As of 4th September 2020 Acrylonitrile prices have picked up in Asia.

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The company is in plans to shut the plant for maintenance on September 5, 2020.

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Our analysts have informed us that the Ash Soda unit was shut due to environmental issues, for 10-12 days in China.

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As of 4th September 2020, Dollar opened at Rs 73.37 which is higher from the previous close.

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In Delhi the price of Acetone/Ethyl Acetate has increased as of 3rd August 2020.

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As per our analysts Deepak Fertilisers and Petrochemicals, is presently running its Isopropanol plant at optimum capacity levels.

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Our analysts, after talking to various sources in the Mumbai market have reported that the price of IPA has come down because of weakening demand and shortage of supply.

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Sep 03, 2020: Crude Oil Overview

As of Sep 03, 2020, Crude oil prices went down for Indian Basket, OPEC, North-West Europe and the US Gulf on Thursday.

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Naphtha prices picked up in Japan on account of active demand trends in the region as informed by our analysts.

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ABS prices climbed marginally in some International markets as of 3rd September 2020.

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As of 3rd September 2020, GAIL has announced price revisions for PE grades.

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As of 3rd September 2020, Dollar opened at Rs 73.25 which is higher from the previous close.

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As of 3rd September 2020 our analysts have informed us that a major Japanese producer is likely to halt operations at the unit for maintenance in mid-September, 2020.

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Mega Petrochemical project starts in Northeast China according to our analysts.

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RIL has announced a price of Benzene and Toluene with effect from 3rd September 2020.

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As per our analysts HCL has announced price revisions for Acetone and Phenol as of 3rd September 2020.

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Para Xylene (PX) prices pick up in the International market as per our analysts.

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