News & Bulletin Updates

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

Price changes wef 15/10/2020 are as follows:-

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The full matrix is here, of all chemical imports in the coming days into India collected by our team

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Chevron Phillips Chemical (CP Chemical), has taken off-stream its No. 22, 24 & 33 ethylene units at Sweeny, Texas.

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Looking at different price governing factors, it seems that Indian producers are likely to a bit of price revision ahead.

Click on Details for what our projections are:

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LyondellBasell, is planning to bring on-stream its Polypropylene (PP) plant following an unplanned outage.

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Despite stronger upstream costs and a steep rise in downstream SM rates, benzene prices were quoted to be stable in Asia on Tuesday.

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LG Chem South Korea is heard to have offered its PVC resin

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The company is likely to shut its Ethylene vinyl acetate (EVA) plant for turnaround.

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Chemplast raises PVC resin suspension grade prices

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Indian Oil’s ‘Protsahan’ value shall be announced

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Owing to technical issues, the company took its acetic acid plant off-stream on October 13, 2020

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FOB Korea propylene prices

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CFR South East Asia prices were down

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At the end of strong demand trends methanol price picked up in China and Rotterdam.

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Reports of improved regional demand  swings and stronger isomer

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The company is likely to complete turnaround at its units by mid-October, 2020.

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The company is likely to resume operations at its Deer Park plant by early-November, 2020 following a maintenance turnaround.

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A major US producer plans to bring on-stream a methyl methacrylate (MMA) plant in Beaumont.

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PTA prices were assessed flat in Asia

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A major producer from Europe is heard to have offered Phenol at the USD 635-640/mt levels.

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A major producer from South Korea is heard to have offered Phenol at the USD 675/mt levels.

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The arrival of Hurricane Delta in the eastern part of Texas and Louisiana could result in  regional power outages causing additional production to remain offline.

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The company is likely to start maintenance at the plant on October 20, 2020.

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The company has brought on-stream its Polypropylene (PP) units following an unplanned outage.

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Get the full line up here, of all chemicals imported into India. 

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