As of 14th August 2020, Acetone prices were recorded to be down in the Mumbai market.
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After talking to various sources in the market our analysts have given a brief overview of the Chennai chemical market
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As of 13th August 2020, Indian Rupee opened at $74.80 as informed by our analyst.
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Our analysts have informed us that domestic production of Chemicals and Petrochemicals have gone down significantly if compared to the production of the last five years.
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Our analysts have informed us that Significant decrease (about 50%) has been observed in the production of Chemicals during April-May, 2020 as against the corresponding period of last year.
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There is a significant decline (about 33%) as informed by our analysts in the production of Petrochemicals during April-May, 2020 as against the corresponding period of last year.
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Dahej has announced a price revision for Acetone as of 14th August 2020.
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GSFC has announced a price revision for Cyclohexane as of 14th August 2020.
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As of 14th August 2020, Toluene prices have picked up in the International market due to high upstream energy values and improved buying sentiments in the region.
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As of 14th August 2020, Benzene prices were seen dropping in the International market.
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South-East Asia and Far-East Asia witnessed a marginal price hike of Acrylonitrile on account of active demand trends in the region.
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As of 14th August 2020, South Korea SM prices Drop in Asia Market .
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As of 14th August 2020, major international halts production at its 2EHA plant due to maintenance.
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As of 14th August 2020, MEG prices have been reported to have dropped down in the International Market,
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On Thursday, despite higher PX feedstock values, PTA prices were quoted to be steady in Asia.
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Despite bullish upstream energy values rates, ethylene prices remained stable in Asia on thursday.
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On Thursday, despite stronger upstream crude and naphtha values, Propylene prices were quoted to be steady in Asia.
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After talking to various sources in the market our analysts have given a brief overview of the Kolkata chemical market
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According to our analysts, despite bullish upstream crude and naphtha values, propylene prices quote stable in Europe on Wednesday.
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According to our analysts, major International shut its EVA plant for maintenance.
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A Delhi market trader has confirmed as of 13th August 2020 that the price of Benzene and SM has increased in the domestic market.
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According to our analysts, as of 13th August 2020 acetone prices in Delhi were reported to be down.
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As of 13th August 2020 a major International producer has taken its No. 3 cracker unit off stream following a turnaround.
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As of 13th August 2020, SM prices were seen to be dropping in Japan, South Korea and Rotterdam .
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Phenol prices picked up in China and SE Asia amid reports of limited product availability and strong demand trends together pushed prices higher across the region.
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