The price rise was triggered by bullish regional demand trends and tight product avails in the region

The market size of chemicals and petrochemicals sectors in India is around 165 billion dollars and this is expected to grow to US$ 300 billion by 2025,

Sinopec-SK Wuhan Petrochemical has shut its linear low density polyethylene (LLDPE) unit, for a turnaround.

On Thursday, despite stronger upstream energy values, propylene prices were assessed steady in Asia.

Sinopec-SK Wuhan Petrochemical has undertaken a planned shutdown at its polypropylene (PP) unit in Hubei.

Around 9 lakh tonnes of assorted chemicals are being imported into India over the next couple of weeks.
Get the schedules and all accompalying details from us. 

As of 1st October 2020, IOCL has announced price revisions for PE and PP grades.

As of 15th October 2020, Haldia Petrochemicals has announced price revisions for PE and PP grades.

JNPT has announced a price revision for acetic acid.

As reported in our previous analysis, the price of acetic acid  has increased today in the Mumbai market and at Kandla port.

HCL has announced a price revision for acetone.

Dahej has announced a price revision for  chloroform.

Satyam has announced a price revision for ethyl acetate.

The price of DEG has been increased  by Rs 2/kg with the new basic price of DEG being Rs 38/Kg.

As per sources BAM prices have continuously increased from last week indicating a shortage of supply with a growing demand of 10%.

The company is likely to start maintenance at the unit on October 15, 2020.

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

Phenol prices picked up in China and SE Asia.

The company, owing  to maintenance work, has  halted operations at the unit on October 11, 2020

Shin-Etsu, has issued a force majeure (FM) on supplies of polyvinyl chloride (PVC) from its plant in Pernis.

A major South Korean producer has undertaken a planned shutdown at its No. 2 naphtha cracker.

The company which was shut on October 12 2020,

Currently the company is operating its SM units at 75% of production capacity levels owing to economic factors.

The company halted operations at the plant on October 14, 2020 and is expected to remain off-line for about one week.

NOVA Chemicals has resumed construction activities at its Corunna site.