News & Bulletin Updates

Sep 08, 2020: Crude Oil Overview

As of Sep 08th 2020, Crude oil prices went down for Indian Basket, OPEC, North-West Europe while the price no change in the US Gulf on Tuesday.

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Our analysts have informed us that Butadiene (BD) prices have remained unchanged in South Korea, Europe, SE Asia and China due to steady demand patterns in the region.

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Naphtha prices have been registered to drift down in Japan and Europe owing to sluggish demand trends in the region.

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As of 8th September 2020, Bis Phosphoric Acid prices have picked up in the international Market.

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As of 8th September 2020, Methanol price picked up in the International markets on the back of strong demand trends in the region.

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As per our analysts, the price of Acetone has been increased in Mumbai.

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The company has planned to start turnaround at the unit by mid-September 2020. The unit is expected to remain under maintenance till end-November, 2020.

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As of 8th September 2020 our analysts have informed us that the company has planned to halt operations at the plant by mid-October, 2020.

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The company has scheduled to start maintenance at the units by early-October, 2020. The units are expected to remain offline till mid-November, 2020.

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As of 8th September 2020 our analysts have informed us that a major Chinese producer has planned to resume operations at the plant by end-September, 2020.

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As of 8th September 2020 our analysts have informed us that  The  company is currently operating its plant at 100% production capacity rates.

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As of 8th September 2020 a major International producer South Korea's Lotte Chemical plans to restart its No. 3 160,000 mt/yeart.

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As per our analysts the company halted operations at the unit for maintenance on September 5, 2020.

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Our analysts have informed us that the company halted operations at the unit on September 7, 2020.

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As of 8th September 2020, Dollar opened at Rs 73.54 which is down from the previous close.

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As of 8th September 2020, the dollar opened at Rs 73.54 which is lower from the previous close.

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As of 8th September 2020, Propylene prices remain unchanged in Asia.

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Our analysts after talking to various sources in the market have given price predictions for PP, HDPE, LLDPE, LDPE, PVC and PET for 10th September 2020.

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Our analysts have informed us that there has been a sudden rise in the demand of PVC resin suspension grade in India.

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As of 8th September 2020, IOCL has announced special discount schemes for HDPE Raffia & Tarpaulin grades

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As of 8th September 2020, Ethylene prices have picked up in Asia.

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As of 8th September 2020, our analysts have informed us that a major Chinese producer has shut its HDPE plant due to maintenance.

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Sep 07, 2020: Crude Oil Overview

As of Sep 07, 2020, Crude oil prices went up for Indian Basket and OPEC while the prices no change in  North-West Europe and the US Gulf.

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Propylene prices remain unchanged in the International market on Monday.

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Ethylene prices picked up on Aug 7th, 2020.

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