News & Bulletin Updates

As of 25th August 2020, the latest chemical tankers load bulk prices for the Indian chemical market according to our analysts. Acetone

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As per our analysts, Acetonitrile and Acrylonitrile prices have drifted down in the Mumbai market as informed by our analysts.

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A Mumbai market trader has confirmed as of 25th August 2020 that the price of Phenol has increased in the Mumbai market and Kandla port respectively.

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Our analysts, after talking to various sources in the Mumbai market have reported that the price of IPA has come down because of weakening demand and shortage of supply.

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As of 25th August 2020,our analysts have informed us that the company is likely to resume operations at the plant on August 24, 2020.

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As of 25th August 2020, our analysts have informed us the company has planned to resume operations at the plant by early-September, 2020.

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As of 25th August 2020 OX and MX prices have declined in Rotterdam owing to the soft demand trends in the region.

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Para Xylene (PX) prices climb marginally in the international market as per our analysts.

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As of 25th August 2020, SM prices have picked up in the Asia Market.

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As of 25th August 2020, our analysts have informed us that Asian mono ethylene glycol prices were down on the back of reduced demand.

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As of 25th August 2020, PTA Prices have remained unchanged in the Asia Market.

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As of 25th August 2020, our analysts have informed us in South Korea, a major producer has postponed the restart of the unit till end-September, 2020.

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As of 25th August 2020, our analysts have informed us that a major Chinese producer plans to restart its acetic acid plant following an unplanned outage.

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As per our analysts, GAIL has recorded a Turnover of Rs. 12,060 crore.

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As per our sources, a major International producer plans to restart its PP unit following a turnaround.

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Polypropylene spot and contract prices remain stable in Europe as per our analysts.

 

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As of 25th August, our analysts have informed us that a major International manufacturer restarts its refining unit.

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As of 25th August 2020, Dollar opened at $74.40 as informed by our analyst.

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As of 24th August, 2020, Methanol price picks up in Asia and NW Europe on the back of strong demand trends in the region.

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As per our analysts a major Chinese producer plans to restart its Butyl acrylate (butyl-A) unit following a turnaround.

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As of 24th August 2020 our analysts have informed us that a Japanese producer has shut its Group I base oil unit following a turnaround.

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Our analysts have reported that 2EH prices have declined in SE Asia and FE Asia due to sluggish demand trends in the region.

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As of 24th August 2020 OX and NBA prices have declined in South Korea  and SE Asia owing to the soft demand trends in the region.

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As of 24th August 2020, Toluene prices have picked up in the International Market.

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Our analysts have informed us that Oil India is incurring losses because production costs have risen in comparison to actual cost.

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