News & Bulletin Updates

Trump said at a news gathering oil industry had been "attacked", with oil costs having dived to 18-year lows in the midst of a fight for a piece of the pie between Saudi Arabia and Russia and fuel request being pummeled by coronavirus pandemic.

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Apr 01, 2020: RIL drop MX prices

Reliance Industries Ltd (RIL) has announced a downward price revision for Mix Xylene with effects from April 01, 2020. 

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Reliance Industries Limited (RIL) has revised its basic price of Toluene with effect from April 01, 2020.

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Hindustan Organic Chemicals Limited (HOCL) has declared an upward price revision for Acetone with effect from April 01, 2020. 

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Apr 01, 2020: RIL revises PVC price

Reliance Industries Limited (RIL) has announced a downward price revision for polyvinyl chloride (PVC) with immediate effect from April 1st, 2020

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Apr 01, 2020: MRPL slashes PP price

Mangalore Refinery Petrochemical Limited (MRPL) has reported a price revision for polypropylene (PP) grade with immediate effect.

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Brahmaputra Cracker and Polymer Limited (BCPL) has publicized its weekly price revision for high-density polyethylene (HDPE) and linear low-density polyethylene (LLDPE) and polypropylene (PP) grade with effective from April, 1st, 2020

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Reliance Industries Limited (RIL) has announced a price revision for polyethylene (PE) grades with effect from April 1st, 2020.

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Haldia Petrochemical Limited (HPL) and Indian Oil Corporation Limited (IOCL) has reported a price revision for polyethylene (PE) and polypropylene (PP) grade effective from April 1st, 2020.

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Apr 01, 2020: HMEL slashes PP price

HPCL-Mittal Energy Limited (HMEL) has announced a revision for polypropylene (PP) resulting in a downward movement of its price in effect from April 1st, 2020.

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ONGC Petro addition Limited (OPaL) has declared a price revision for polyethylene (PE) and polypropylene (PP) grade effective from April 1st, 2020.

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Gas Authority India Limited (GAIL) has reported price revision for polyethylene (PE) grade with effect from April 1st, 2020

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Apr 01, 2020: RIL declined PP price

Reliance Industries Limited (RIL) has announced a price revision for polypropylene (PP) grades with immediate effect

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Dhunseri Petrochem Ltd (DPL) and Indorama Ventures Limited (IVL) have announced a downward price revision for Polyethylene Terephthalate (PET) bottle-grade prices with the effect from April 1st, 2020

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What is the latest scientific forecast for Brent over the next two years, now that the virus attack is in full swing? Will it hit $10 levels, and if so, how long a time will it be for?

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Mar 31, 2020: RIL reduces PET price

Reliance Industries Ltd (RIL) has revised downward price revision for Polyethylene Terephthalate (PET) grade with effect from April 1st, 2020.

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Mar 31, 2020: MCPI shuts PTA plants

Materials Chemicals and Performance Intermediaries (MCPI), has shut its No. 1 and No. 2 purified terephthalic acid (PTA) units.

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Toluene prices drifted sharply lower across Asia. Prices tumbled, as demand continued to remain bearish coupled with a sharp fall in upstream rates, and sufficient product availability in the region.

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On Monday, PTA prices declined in Asia due to bearish upstream PX values, persistent dull regional demand trends coupled with bearish fellow polyester MEG feedstock values. Click on Details to find out by how much.

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Methanol prices collapsed in Asia. Prices plunged, as buying sentiments remained sluggish in the region coupled with plentiful product availability. Click on Details for more

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Styrene Monomer prices slipped in some international markets. The price fall was on account of poor buying interest in key markets and weaker upstream energy and benzene values. Click on Details for more

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Unplanned shutdowns are now taking place, provoked by the Coronavirus lockdown

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Butadiene (BD) prices went down in the US Gulf on account of the downward in primary feedstock prices

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Naphtha prices have been registered to move downward in Japan and Europe owing to sluggish demand trends in the region.

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Propylene prices are moving down significantly in South Korea, North-West Europe but moves down slightly in China, and the US Gulf.

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