As of September 23rd, MPL (Manali Petrochemicals), a Chennai-based company and AM International Group’s member announced its final decision to triple the yearly production capacity of PG (Propylene Glycol) to 70,000 MT from 22,000 MT.

A major International producer has taken its Ethylene-vinyl acetate (EVA) plant off-stream last week.

As of 26th September 2020, prices of Ethylene picked up on account of continued tight product availability across the Asian regions.

As of 26th September 2020, Propylene prices picked up in Asia due to tight product availability.

As of Sep 25 2020, Crude oil prices went down for Indian Basket, and OPEC while
The price of crude oil went up in  North-West Europe and the US Gulf on Friday.

Naphtha prices drop down in Japan and Europe

As of 25th Sep 2020, Ethylene prices have been reported to have dropped down in NW Europe the prices were $665/MT (CIF) and Euro 565/MT registering a down by $10/MT and Euro 70/MT.

As of 25th September 2020, Dollar opened at Rs 73.75 which is up from the previous close.

The company is likely to resume operations at the unit by end-September, 2020 following a turnaround.

The company resumed operations at the plant on September 20, 2020.

The company has undertaken an unplanned shutdown at the plant on September 24th, 2020.

PX prices witnessed a rise in Asia on Thursday.

As on 25th September Hazira has announced a price revision for DEG.

As of 25th September Vizag has announced a price revision for Benzene.

As of 25th September Dahej has announced a price revision for Acetone.

The company has planned to resume operations at the plant by end-September, 2020.

Acrylonitrile prices picked up in the Asia market as of 25th September 2020.

As of 25th September, SM price rise was attributed to strong demand trends in the region also coupled with high saturation in the market.

As of 25th Sept 2020, MEG prices were seen to be dropping in the International market.

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

The company resumed operations at the unit on September 17th, 2020.

The company is likely to resume operations at the unit by end-September, 2020.

The company is likely to resume operations at the plant by end-September, 2020.

The company has scheduled a turnaround at the unit by mid-October, 2020 for a period of around one week.

Despite stronger upstream energy rates and constrained product availability, ethylene prices remained stable in Asia.