The company has planned to halt operations at the plant by early-October, 2020.

OX prices have declined in the International market owing to the soft demand trends in the region.

As of 14th September 2020, benzene prices drifted down in Asia.

PM Narendra Modi has proposed three new petroleum projects for Bihar namely, the Durgapur-Banka section of the Paradip-Haldia-Durgapur Pipeline Augmentation Project and two LPG Bottling Plants commissioned by IndianOil and HPCL in Bihar.

As of 14th September 2020, the dollar opened at Rs 73.39 which is up from the previous days close.

A major International producer is in plans to restart its polypropylene unit following a turnaround.

Dahej announces price revision for C10 Solvent as of 12th September 2020.

Aegis has announced a price revision for VAM as of 12th September 2020.

Kandla has announced a price revision for Propylene Glycol as of 12th September 2020.

As of 12th September 2020 after talking to sources in the Kandla port, it has been reported that the price of Phenol and Butyl Cellosolve has come down because of weakening demand and shortage of supply.

Various market traders have confirmed as of 12th September 2020 that the price of chemicals has increased in the Delhi market.

North-western Europe witnessed a sharp decline of Acetone and Phenol prices on 12th September 2020.

As of 12th September 2020 Acrylonitrile prices have picked up in the International Market this week.

As of 12th September 2020 PTA prices have declined in Asia owing to soft demand trends in the region.

The company has undertaken a planned shutdown at the plant in early-September, 2020.

Japan’s export volume of key petrochemical items have shrunk significantly in the first seven months of 2020.

The company resumed operations at the plant, on September 11, 2020.

As of 12th September 2020 SM prices have declined in the Asian market owing to the soft demand trends however SM prices in Europe drifted lower.

A major US producer is likely to undertake a planned shutdown at its Ethylene dichloride (EDC) and vinyl chloride monomer (VCM) plants.

Reports of persistent tight regional product availability in major markets like China and bullish downstream PE pricing trends, together supported the price rise.

As of 12th September 2020, continued tight product availability in key markets like China and stronger downstream PP values, together supported the price gain.

As of 12th September 2020, the dollar opened at Rs 73.53 which is up from the previous days close.

Learn how the demand for plastic is the last hope for the oil and gas stakeholders.

As of Sep 11th , 2020, Crude oil prices went up for OPEC while the price went down in North-West Europe and the US Gulf.

Naphtha prices were registered stable in Europe but in Japan it went up by $3/MT from the previous days close.