The international crude oil price of Indian Basket was quoted at around $41.56 per barrel on Oct 09th, 2020.

PVC prices in the International market remain unaffected, with prices remaining unchanged.

Naphtha prices have moved up in Japan and Europe on account of positive buying trends in their respective countries.

Various market traders have confirmed as of 9th October 2020

The company halted operations at the plant on October 4, 2020.

BPCL  has announced a price revision for MTO.

RIL has increased their prices by Rs 0.50/kg with the new basic price of Benzene being Rs 38/kg

The price of DEG has been cut by Rs 0.80/kg with the new basic price of DEG being Rs 37.30/kg.

The price of MEG has been cut by Rs 1/kg with the new basic price of MEG being Rs 41.90/kg.

MX prices have declined in the US Gulf owing to the soft demand trends.

Toluene prices picked up in the international market as of 9th October 2020.

The price rise was triggered by stronger demand trends in the region.

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

The company is likely to halt operations at the plant on October 12, 2020.

The company undertook an unplanned outage at the unit on October 7, 2020.

The company is likely to complete a turnaround at the plant by mid-October, 2020.

As per our reliable sources,they informed us that After the last Price Revision which came in effect from 1st oct 2020.

Demand trends in major markets like China remained quiet due to the National Day holidays.

On Thursday, despite stronger upstream naphtha values propylene prices stayed steady.

JG Summit Petrochemical, has brought on-stream its High Density Polyethylene (HDPE) plant following an unplanned outage.

The full chemical import matrix coming up ahead is available for the following ports
Kandla
Sikka
Pipavav
Dahej
Mumbai
JNPT
Goa
Ranpar
New Mangalore
Cochin
Ennore
Vizag
Paradip
Haldia
Ex-Kolkata

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.

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

As reported in our previous analysis, the price of Aniline has been going down for many days but as of today the price of Aniline has increased in the Mumbai market, according to trading sources.

The price of Acrylonitrile has been increased by Rs 4/kg with the new basic price of Acrylonitrile being Rs 90/kg.