News & Bulletin Updates

There is a lockdown currently in place in major cities where petrochemicals are traded.
Are domestic manufacturers still supplying polymer materials to factories around the country?
Get a status update from us even as the government steps up efforts to contain the spiraling impact of the virus.

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Hindustan Organic Chemicals Limited (HOCL) has declared a downward price revision for Acetone with effect from March 21, 2020.

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Reliance Industries Limited (RIL), JBF Industries Limited and Dhunseri Petrochem Ltd (DPL) have announced a downward price revision for Polyethylene Terephthalate (PET) bottle-grade prices with the effect from March 23, 2020

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The city of Mumbai is under shut down as of now, with orders from the government to work from home. And this is having all kinds of repercussions in the chemical and petrochemical market.

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Friday saw N-Butanol prices remain unchanged, click on Details for more

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Purified Terephthalic Acid prices fell in India and Asia. Click on Details for more

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Meanwhile, MEG prices dropped on Tuesday in Asia due to dull demand in the region.l. Click on Details for more

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The city of Mumbai is under shut down as of now, with orders from the government to work from home. 

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MEG prices have fallen in Mumbai due to lackluster demand and extra stock availability. Click on Details for more

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Celanese Corporation is probably going to shut its ethanoic acid plants for a quick turnaround. Click on details to find out more

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BP Zhuhai, a part of BP PLC, has packed up its No. 3 purified terephthalic acid (PTA) plant for a maintenance turnaround. Click on Details to find out how long it is going to stay offstream.

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The company postponed the restart of the plant to March 2020. The plant was pulled up for unplanned maintenance work on 5 February 2020, and was supposed to start in early march 2020. Click on Details for more

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Paraxylene prices were reported down in the international market.This price fall was in line with bearish

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The run on IPA, which is used for sanitizers, has led to a severe shortage of the material. “Stocks have run out everywhere, it seems, even as prices have skyrocketed,” a trader told this website. Click on Details

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Mixed-Xylene prices fell in the US Gulf market. This fall was a result of dull buying trends and weak

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Toluene prices dropped in Asia. The price fell due to bearish upstream cues from crude and gasoline

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Mar 20, 2020: Benzene price falls

Benzene's prices have weakened in the market. Click on Details for more

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Ethylene prices have moved down in North-West Europe while remaining unchanged in Asia and the US.

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Haldia Petrochemicals Limited (HPL) has reported a price revision for Polypropylene (PP) and polyethylene (PE) grade with effect from March 19, 2020.

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The cost of the plant is turning out to be higher than estimated, so capital approval has not been given.

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Mar 19, 2020: HMEL reduces PP price

HPCL-Mittal Energy Limited (HMEL) has revised the price of Polypropylene (PP) grade with effect from March 19, 2020.

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Gas Authority India Limited (GAIL) has announced a price revision and also a price protection scheme for all HDPE and LLDPE grades with effect from March 19, 2020.

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ONGC Petro addition Limited (OPaL) has declared a price revision for polypropylene (PP) and polyethylene (PE) grades effective from March 19, 2020. Click on Details for more on the full price protection scheme launched by the company

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

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Reliance Industries Limited (RIL) has rolled over the price of polypropylene (PP) deemed export-grade.

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