News & Bulletin Updates

Reliance Industries Limited has announced a price revision for mixed xylene.

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Vizag has announced a price revision for benzene.

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The company is presently running the plant at 100% of production capacity levels.

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Reliance Industries Limited has announced a price revision for toluene.

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The company recently halted operations at the plant. Further details on the duration of shutdown could not be ascertained.

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Lotte Chemical is in plans to bring on-stream its Polyethylene Terephthalate (PET) unit following a turnaround.

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Datang International Duolun Coal Chemical, has restarted its polypropylene (PP) unit following an unplanned outage.

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By next Tuesday, the company is expected to announce its fresh PVC offers for a December 2020 shipment.

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The company recently resumed operations at the unit

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Various market traders, as of 10th November, 2020, have confirmed that chemical prices  have increased in the Chennai market.

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The price rise was supported by stronger upstream crude and gasoline values and improved regional buying sentiments.

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The steep price rise was on the back of high upstream energy values and limited product availability, coupled with bullish cues from Asia and Europe.

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Stronger upstream crude values and gains recorded in downstream PX rates, pushed MX prices higher in the U.S.A.

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The company recently resumed operations at the plant following a brief outage.

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On November 10th, 2020, Acetic Acid prices went down in Mumbai.

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PAN prices have continuously increased from this week indicating a shortage of supply with a growing demand of 10%.

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JNPT has announced a price revision for Mixed Xylene.

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Benzene prices have declined in the US Gulf and Rotterdam owing to  soft demand trends.

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PAN prices picked up in Asian markets on the back of strong demand trends coupled with high saturation in the market.

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The company has recently reduced run rates at the unit. The reason behind the lower run rates could not be ascertained.

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As of  10th November 2020, despite weaker upstream values, DOP prices gained in China and SE Asia.

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Bis Phosphoric Acid  prices have picked up in the Asian market.

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Despite weaker upstream crude and naphtha values last Friday, propylene prices were assessed flat in Asia on Monday.

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TK Chemical is in plans to bring on-stream its polyethylene terephthalate (PET) unit following a brief maintenance.

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The price gain was prompted by stronger regional demand trends and limited product avails in the region.

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