News & Bulletin Updates

In the Delhi market, the price of Chemicals are on a downward trend due to shortage of material during the pandemic.

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As of 10th August, 2020, latest chemical tanker load bulk prices for Acetone, Acetic Acid, Butyl Acetate, C9 Solvent, IPA, Methanol, n-Butanol, Phenol,

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

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A Mumbai and Kandla market trader has confirmed as of 10th August 2020 that the price of VAM has increased in the Mumbai and Kandla market.

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As of 10th August 2020, the price of IPA has decreased today and toluene,acetone,mek,mibk prices have shown a downward trend for this week.

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AS per our analysts, a major chinese producer plans to restart production at its Aromatic plant following a turnaround for maintenance

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As of 10th August 2020, MX prices have picked up Internationally due to high upstream energy values and improved buying sentiments in the region.

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According to our analyst the price of DOP/PAN In South-East Asia picked up on the back of improved buying sentiments in the region.

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Our analysts have reported that Ortho Xylene prices have declined in South Korea and South-East Asia owing to the soft demand trends in the region.

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FInd below a snapshot of all price revisions that took place this week as informed by our analysts. Indian Rate Revision wef 6th August'2020.

 

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As of 10th August 2020, Indian Rupee opened at $74.9450 as informed by our analyst.

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As of 8th August 2020, Benzene prices pick up in Vizag as per our analyst.This price rise is mainly due to high demand along with abundant supply.

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HOC has announced a price revision for Acetone as of 8th August 2020.

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As per our analysts, Reliance Industries Ltd (RIL), has taken off-stream its No. 2 purified terephthalic acid (PTA) unit as of 8th August 2020.

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As informed by our analysts, Acetone prices climbed in NW Europe amid reports of limited product availability and strong demand trends together pushed prices higher across the region.

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SM prices drift down in Asia as reports of sluggish regional demand sentiments push prices lower in the market.

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As of 8th August 2020, Toluene prices were seen dropping in the International market. The prices fell on the back of weak upstream energy values and dull demand trends in key markets.

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As of 8th August 2020, a major Chinese producer plans to restart its PP plant following a planned outage

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As of 8th August, 2020 CFR North East Asia ethylene prices dropped down owning to bearish demand trends in the region

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As per our analysts, Propylene prices pick up for Asia as a result of firmer upstream crude and naphtha values.

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As of 7th August, 2020, latest chemical tanker load bulk prices for Acetone, Acetic Acid, Butyl Acetate, C9 Solvent, IPA

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GSFC has announced a price revision for Cyclohexane as of 7th August 2020.

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GNFC has announced a price revision for  Acetic Acid as of 7th August 2020.

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A Mumbai market trader has confirmed as of 7th August 2020 that the price of DOP  has increased in the Indian market.

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SM prices have declined in Rotterdam owing to the soft demand trends in the region as informed by our analysts.

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