Reports of improved regional demand trends and stronger isomer CFR Korea and CFR SE Asia prices of OX were assessed to be up at the $ 530/ton and $ 545/ton levels. 

Methanol price picked up in some international markets on the back of strong demand trends in the region.

The company is currently operating its plant at 100% of production capacity levels.

The company has scheduled maintenance turnaround at the plant over the month of October 2020.

The company halted operations at the unit on October 7, 2020.

As of 12th October 2020, Coal India Ltd has invited global bids for a coal to methanol plant at Sonapur near Asansol. The others will be set up in Chhattisgarh, Maharashtra and Jharkhand.

Major Chinese producer has undertake a planned shutdown at its polyethylene terephthalate plant in Haining.

The company resumed operations at the plant early this week.

The price of Acrylonitrile has been increased by Rs 0.25/kg with the new basic price of  Methanol at Rs 22.50/kg.

GSFC  has announced a price revision for Cyclohexane.

The price of PTA has been cut by Rs 0.30/kg with the new basic price of PTA pegged atRs 43.80/kg.

RIL has increased their prices by Rs 2/kg, with the new basic price of MX being Rs 42/kg

Despite high upstream costs, benzene prices slipped in the international market.

MEG prices picked up in the iInternational market.

The company halted operations at the unit on October 7, 2020.

The company resumed operations at the plant on October 9, 2020.

The company resumed operations at the unit on October 8, 2020.

India's most-consumed intermediate methanol has now plateaued at nearly 80%-85%

India imported a higher volume of toluene in June and July compared with 2019

Mostly used in paints and coatings, MX saw an upswing mid-September onward as the monsoons withdrew and the festive season stepped in.

The company halted operations at the plant in end-September, 2020.

After the increase last week ethylene prices were assessed flat in Asia this week.

Shandong Shenchi Chemical has taken off-stream its propylene unit for unplanned maintenance.

Chemplast Sanmar has restarted its Cuddalore's Polyvinyl Chloride (PVC) unit following a planned outage.

0.8 million tonnes of assorted chemicals are slated to come into Indian ports over the next few weeks
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