As of 13th August 2020, SM prices were seen to be dropping in Japan, South Korea and Rotterdam .

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.

PX prices have declined in Rotterdam owing to the soft demand trends in the region as informed by our analysts.

As of 13th August 2020, our analysts have envisaged an excess supply scenario which would soften the Asian naphtha market in the coming month.

As of 13th August 2020 , Shell is eyeing stake at Nayara Energy’s $9 billion planned petrochemical project, as informed by our analysts.

As of 13th August 2020, MEG prices have been reported to be stable in the International Market

As of 13th August 2020 the Asian Ethylene market was reported to be stable despite higher upstream crude and naphtha values.

As of 13th August 2020, Indian Rupee opened at $74.82 as informed by our analyst.

As of 13th August, RIL, HPL and IOCL have announced price revision of PP, PVC and PE.

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After talking to various sources in the market our analysts have given a brief overview of the Ahmedabad chemical market.

LPG intake as feedstock rose in northwest Europe from an estimated 282,000 metric tons to 650,000 metric tons in June.

As of Aug 12, 2020, Crude oil prices went up for Indian Basket, OPEC but the prices were assessed to be down in North-West Europe and the US Gulf on Wednesday.

Butadiene (BD) prices were recorded to be steady in South Korea, China, South East Asia, Rotterdam, and US Gulf due to stable demand patterns in the respective countries.

Naphtha prices were registered to move upwards in Japan on account of active demand trends in the region.

As of 10th August, 2020, latest chemical tanker load bulk prices for Indian chemical market according to our analysts. Acetone, Acetic Acid, Butyl Acetate, C9 Solvent, IPA, Methanol, n-Butanol, Phenol, SM, Toluene, VAM, PG, OX, Octanol, Acrylonitrile, BAM, BGE, Butyl Acetate, Ethyl Acetate, Ethyl Acrylate, Butyl Cellosolve,  Cyclohexane, DEG, EDC, Isobutanol, MEK, MIBK,  MEG, MX are recorded as follows.

In the Delhi market, the price of Chemicals are fluctuating due to strong demand patterns in the region and shortage of materials due to the pandemic.

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.

As of 12th August, 2020, Acetonitrile prices have drifted down in the Mumbai market as informed by our analysts.

Our analysts after taking to various sources in the market and taking into account factors such as buying trend and product availability has announced price prediction for PP PE and PVC.

As of 12th August 2020, Indian Rupee opened at $74.78 as informed by our analyst.

As per our analysts, a South Korean producer is heard to have offered its PVC resin suspension grade at the Nhava Sheva port.

As of 12th August 2020 the Ethylene market was stable in Asia despite higher upstream crude and naphtha values.

As of 12th August 2020, as per our analysts, a major Chinese producer has restarted production at its NO. 3 PP unit.

As of 12th August 2020, our analysts have informed us that a major International producer has taken its base oil unit off-stream following a turnaround due to maintenance.