News & Bulletin Updates

The international crude oil price of Indian Basket was quoted at around $39.07 per barrel on October 30, 2020.

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PVC prices in the Iinternational market remain unaffected on 30th October, 2020

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

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A UAE producer is heard to have offered its

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CFR Far East Asia EDC prices were assessed at the USD 430/mt levels, a sharp rise of USD 35/mt from the previous week.

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The company halted operations at the plant on October 27, 2020

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Various market traders, as of 30th October 2020, have confirmed that chemical prices  have increased in the Chennai market.

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The plant was shut for maintenance on September 1, 2020

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Chemical market traders have confirmed as of 30th October 2020, that the price of chemicals have increased in the Delhi market.

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JNPT has announced a price revision for N-Butanol.

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Dahej has announced a price revision for MDC.

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As per our analysts, GSFC has announced a price revision for Cyclohexane.

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Petrochemicals Malaysia, has taken off-stream its Polystyrene (PS) plant for maintenance.

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On Thursday, ethylene prices fell, as buying sentiments continued to remain soft coupled with ample regional product avails.

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Idemitsu Kosan, has brought on-stream its naphtha cracker following a turnaround.

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On Thursday, propylene prices drifted lower in Asia.

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Sinopec-SK Wuhan Petrochemical, has undertaken a planned shutdown at its No.1 polypropylene (PP) unit in Hubei.

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SM prices picked up in some international markets. According to our analysts, this price rise was triggered by stronger demand trends in the region.

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As of 30th October, 2020, Phenol prices have declined in Asia owing to soft demand trends in the region.

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The price fall was on the back of weaker upstream energy values and dull demand trends in key markets.

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As of 30th October 2020, PX prices have drifted down in the international market owing to the soft demand trends in the region.

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The company is likely to shut the unit on October 31, 2020 owing to bearish market conditions.

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A South Korean trader is heard to have offered Japanese Methyl ethyl ketone (MEK) at USD 1270/mt levels in Pakistan.

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The company resumed operations at the plant on October 27  2020.

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Get the full chemical import matrix

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