News & Bulletin Updates

A Chinese producer is heard to have offered VAM at the USD 850-860/mt levels.

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A major producer from Japan is heard to have offered MEK at the USD 850/mt levels.

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CFR China methanol was assessed at $208/mt on  October 16, up by $1/mt day on day and $5/mt higher week on week.

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CFR China propylene prices were assessed at the USD 875/mt levels, unchanged from last Friday's assessed levels.

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Get the full import matrix of chemicals as of today

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Reliance Industries Limited has increased the price of local toluene by Rs.12/kg basic, with effect from November 02, 2020.

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As of November 2nd 2020, the price of Cyclohexane has drifted down because of weakening demand and shortage of supply.

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Phenol prices have continuously increased from this month  indicating a shortage of supply with a good demand.

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Reports of improved regional demand trends and stronger isomers have resulted in toluene prices picking up in India.

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The company is scheduled to start a turnaround at the plant by the first week of November 2020.

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Methanol prices picked up in some international markets on the back of strong demand trends.

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The company is expected to halt operations at the plant by early-November, 2020.

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

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The company has planned to start turnaround at the units in early-November, 2020.

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The company is likely to halt operations at the plant by early-November, 2020.

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Balaji Amines is planning to build a new methylamines plant in Solapur, Maharashtra, India

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Hanwha Solutions is likely to take off-stream a Polyvinyl Chloride (PVC) plant at Yeosu.

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Hanwha Solutions is planning to shut its Vinyl chloride monomer (VCM) plant at Ulsan.

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Stronger downstream ABS demand and pricing trends  supported the sharp price rise of butadiene in Asia.

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The company is likely to commence turnaround at the cracker by early-November, 2020.

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HPL announces price revision in polymer for the following grades, wef November 1, 2020.

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OPal announces price revision in polymer for the following grades, wef November 1, 2020.

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Indian Oil Corporation has announced price revision for polymer wef November 1, 2020.

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As predicted, major domestic producer Reliance Industries Limited has increased the rate of PE in the domestic market wef November 1, 2020

The price revision are:

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Oct 31, 2020: SPL hikes PS prices

Supreme Petrochemicals Limited (SPL) has raised polystyrene prices in the domestic market.

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