Reports of improved regional demand trends and stronger isomers have resulted in Benzene prices picking up in the  international market.

As of 5th November, 2020,  SM prices witnessed a steep rise in Japan/South Korea/Rotterdam.

Phenol prices have declined in the Asian market owing to  soft demand trends.

PX prices have picked up in the  international market. This price rise was triggered by stronger demand trends in the region.

The company's revenue grew by 20% YoY and stood at Rs 1,418.47 crore from Rs 1,181.47 crore in Q1 FY20.

The company is likely to shut the unit for maintenance next week.

The company halted operations at the plant in early-November, 2020.

With effect from November 05, 2020, IOCL has hiked PPHP prices by Re. 0.50/kg basic.

On November 05, 2020, LG Chem shut its 1.6mmt/year catalytic reforming unit at Yeosu, South Korea,

Propylene prices were assessed flat in Asia. Product availability was reported to be ample in the region.

SABIC UK Petrochemicals has declared a force majeure (FM) on supplies of low density polyethylene (LDPE) from its plant in Wilton, UK.

Ethylene prices were assessed steady in Asia on Wednesday.

Sinopec Yangzi Petrochemical has taken off-stream its No. 3 polypropylene (PP) unit following a brief maintenance.

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The company is likely to halt operations at the unit by mid-November, 2020.

International Polymers Co (IPC), is in plans to shut its ethylene vinyl acetate (EVA) plant for a brief maintenance.

Karpatneftekhim has undertaken a planned shutdown at its high density polyethylene (HDPE) unit.

A price revision for caustic soda lye has been announced at Dahej.

A price revision for C10 solvent has been announced at Dahej.

As per sources BAM prices have increased from last week indicating a shortage of supply with a growing demand in the domestic market.

A price revision for acetone has been announced at JNPT.

PX prices have picked up in the Asian market. This price rise was triggered by stronger demand trends in the region.

Reports of improved regional demand trends and stronger isomers have resulted in benzene prices picking up in the  international market.

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