News & Bulletin Updates

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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Styrene Monomer prices were assessed lower in some international markets. Click on Details for more

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Benzene prices drop in Indian market due to dull demand in the region. Click on Details for more

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The company recommenced its operations in mid- March 2020. The units were pulled up on

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The company has undertaken an unplanned shutdown of the plant on 18 March 2020. The plant will probably resume production next week. 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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MEG prices were seen dropping in Asia due to dull demand in the region. A key manufacturer slashed prices as well. Click on Details for more

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A chunk of the fall in chemical and petrochemical prices will be eaten up by the fall in the value of the Rupee against the US dollar, it seems.

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Reliance Industries Limited (RIL) has announced a price revision for polypropylene (PP) and polyethylene (PE) grades with immediate effect. The earlier price protection was withdrawn and a new incentive plan launched.

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Mangalore Refinery Petrochemical Limited (MRPL) has reported an additional volume-based discount (A-VBD) of March 2020

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Gas Authority India Limited (GAIL) has withdrawn price protection and announced the latest incentive scheme for March 2020 dispatch covered under MOU with immediate effect

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Haldia Petrochemicals Limited (HPL) has announced an incentive scheme for March 2020 dispatch covered under MOU with immediate effect

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