News & Bulletin Updates

As per our analysts, a major International producer has shut its Aromatic Unit following a turnaround for maintenance.

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Toluene prices pick up in FOB Rotterdam and FOB US Gulf as mentioned by our analysts. Toluene prices rose as the buying sentiments of the region increased.

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South-East Asia, Far-East Asia and US Gulf  witnessed a marginal price hike of Acrylonitrile as informed by our analysts. on account of active demand trends in the region.

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The Indian rupee (INR) opened today at Rs75.05 versus the dollar(USD).

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This offer is for August 2020, on a CFR Nhava Sheva Port Basis. PP FILM grade at the  CFR  1040/mt USD levels.

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As of 7th August 2020, despite high upstream energy values rates, PVC prices remain stable in Asia as informed by our analysts

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This offer is for September 2020, on a CFR Nhava Sheva Port Basis.

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As of 7th August 2020 a major Chinese producer has shut its Polypropylene unit for unknown reasons.

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As of 7th August, 2020 the price picks up for Propylene on the back of improved demand trends in key markets like China, coupled with higher upstream costs.

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Despite high upstream energy values rates, ethylene prices remain stable in Asia as informed by our analysts.

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As of 6th August, 2020, Acetonitrile prices have drifted down in some parts of the Indian markets

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Today some chemicals have not changed in the Chennai market and some chemicals have changed.

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Pet Prices have been reported to be stable in South Korea, South East Asia, NE Asia, NW Europe, and the US Gulf due to steady demand patterns in the region.

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Naphtha prices have been registered to move up in Japan and Europe on account of positive buying trends in the respective countries.

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ABS prices pick up in India, South Korea and South East Asia on the back of increasing buying trends in their respective markets.

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As of 6th August, 2020, the price of Acetone/Phenol dropped in the Mumbai market due to the decreasing number of bookings and fluctuating demand and shortage of material.

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As of 6th August 2020, despite stronger upstream energy values, ethylene prices remain steady in Europe but drop down for Asia.

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The Indian rupee (INR) opened today at Rs74.93 versus the dollar(USD).

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As per our analysts, a major International producer has shuts its Paraxylene plant due to maintenance

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As of 6th July  2020, major Chinese producer shuts its IPA unit following a turnaround

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As of 6th August 2020, Benzene prices have picked up internationally due to high upstream energy values and improved buying sentiments in the region.

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PTA prices climbed marginally in the international market as of 6th August 2020 registering an increase of $5/MT from the previous close.

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China and South-East Asia witnessed a sharp decline of Acetone and Phenol prices on 6th August  2020.

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As of 6th July 2020, HPL has announced price revision for LLDPE, HDPE and PP.

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As of 6th July 2020, GAIL has announced price revision for LLDPE film grade and LLDPE drip grade

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