A major chinese chemical producer halts production at its No.1 MEG unit which was closed due to maintenance as reported by our analysts.

Styrene Monomer (SM) prices have recorded a marginal increase in some parts of the international market as mentioned by our analysts.

MEG prices were assessed to be falling in Asia according to our analysts.

As of 8th July, 2020 PX prices edged lower in Asia.

As of 7th July, 2020, latest chemical tanker load bulk prices for 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 is recorded as follows.

As of 7th July, 2020, Acetic Acid Prices have decreased in some parts of the Indian markets including the mumbai/kandla port.

According to our analysts, Latin polymers are expected to see higher prices in July, 2020  due  to the price increase that took place in the US past week.

According to our analysts, US polyethylene prices are expected to increase this week as sources anticipate fresh, higher July pricing from major US producers.

According to our analysts, a major international producer of 2-EH has brought its 2-Ethylhexanol (2-EH) unit on stream.

A major chinese chemical producer halts production at its MMA unit which was closed as reported by our analysts.

According to our analysts, a major international manufacturer has taken off-stream its polystyrene plant following a turnaround.

PTA prices climbed in FE Asia, SE Asia and India on the back of limited product availability and strong demand trends.

Monoethylene Glycol (MEG) prices climbed marginally in the Asian region.

Our analysts have reported that PAN prices have increased in the Chinese Mainland.

Styrene Monomer (SM) prices have recorded a marginal increase in some parts of the international market.

Our analysts have informed us that Benzene as of 7th July 2020 has recorded a price rise in India, South Korea and Japan.

Production margins were hovering at multi-year lows in early July as oversupply continues to pressure the polyester chain.

Find out more on what the global outlook for the following productsL
Polypropylene
Acrylonitrile 
Polypropylene
Methanol
Paraxylene
PTA
Toluene
Benzene

As of 6th July 2020 Friday, CFR South East Asia and CFR China prices were assessed to be steady compared to the previous days close as reported by our analysts.

According to our analysts, a major international manufacturer has taken off-stream its polystyrene plant following a turnaround.

Future trade opening prices for Chinese markets can be attributed as follows.

An International manufacturer from China halts operations at its Methanol-To-Olefins(MTO)  unit on July 1, 2020.

According to our analysts, a major international producer of MEK has brought its Methyl Ethyl Ketone (MEK) unit on stream.

A major international chemical producer has shut its PTA unit due to maintenance as reported by our analysts.

A major chinese chemical producer has restarted its PX unit which was closed due to maintenance as reported by our analysts.